Search results for ""author ltd e"

This important book addresses the prospects for reconciling economic competitiveness with sustainable development. It shows that we cannot simply assume that changes in public attitudes, business policies and government regulation will guarantee the conditions for long-term ecological, social and economic sustainability.On the basis of new original case studies, the authors consider corporate environmental strategies, technological change and sustainable development as a social partnership between firms, citizens and government. They suggest that competitiveness must be considered as a dynamic process requiring proactive and reactive adjustments by business and government institutions all working towards sustainability.Sustainbility and Firms combines intellectual rigour with accessibility to communicate fundamental ideas to help policy decision-makers, enterprise managers, environmental scientists and economists grapple effectively with the problems of competitiveness, technological change, strategies of firms, governance and sustainable development.

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In its Fourth Edition, this textbook explores how economic activity is organised from a new institutional economics perspective. Using transactions costs as a continuing theme, the book delivers the necessary skills to understand the evolution of organisational forms and the strengths and weaknesses of different varieties of private and public governance.The importance of entrepreneurship is emphasised throughout. Public policy concerning competition, regulation and the public utilities is used to illustrate the involvement of subjective judgements about transactions costs in all types of organisational choice.Key features of the Fourth Edition: ? Using impartial analysis, Martin Ricketts evaluates business enterprise through Neoclassical, Austrian and Evolutionary economics, allowing students to learn the strengths and weaknesses of each methodological perspective? Using a clear conceptual framework, the author explains principal-agent theory and the transaction cost paradigm in detail? The chapters are designed around a set of classic papers, giving students an understanding of the historical development of the discipline? Updated examples emphasise the applicability to different technological circumstances and the dynamic nature of studying economic organisation? Additional examples are included for teachers to further discussion or create extended seminar work. A key resource for advanced undergraduate courses or an excellent introductory text at graduate level, this Fourth Edition will provide students of economics, business and political economy with a greater awareness of how business enterprises operate and adapt in response to technological change and competition.

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In its Fourth Edition, this textbook explores how economic activity is organised from a new institutional economics perspective. Using transactions costs as a continuing theme, the book delivers the necessary skills to understand the evolution of organisational forms and the strengths and weaknesses of different varieties of private and public governance.The importance of entrepreneurship is emphasised throughout. Public policy concerning competition, regulation and the public utilities is used to illustrate the involvement of subjective judgements about transactions costs in all types of organisational choice.Key features of the Fourth Edition: ? Using impartial analysis, Martin Ricketts evaluates business enterprise through Neoclassical, Austrian and Evolutionary economics, allowing students to learn the strengths and weaknesses of each methodological perspective? Using a clear conceptual framework, the author explains principal-agent theory and the transaction cost paradigm in detail? The chapters are designed around a set of classic papers, giving students an understanding of the historical development of the discipline? Updated examples emphasise the applicability to different technological circumstances and the dynamic nature of studying economic organisation? Additional examples are included for teachers to further discussion or create extended seminar work. A key resource for advanced undergraduate courses or an excellent introductory text at graduate level, this Fourth Edition will provide students of economics, business and political economy with a greater awareness of how business enterprises operate and adapt in response to technological change and competition.

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This book provides a broad survey of past and recent scholarship on mergers and acquisitions. Seminal work on the history, rationales and outcomes of mergers and acquisitions is followed by leading articles on what M&A lawyers do. Major articles by prominent authorities in the field explore how deals are done, defended and terminated. The collection concludes with several eminent selections on private equity deals and international issues.

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Persistent Disparity provides a comprehensive examination of the magnitude and scope of racial economic disparity in the United States. The authors directly assess the extent of black economic progress in the US since World War II and address the controversy of whether the racial income gap is closing or widening as America approaches the 21st century. Darity and Myers explicitly make the connection between what the theory of racial inequality espouses and corresponding policy recommendations for remedying such disparity such as affirmative action and reparations. The authors challenge the cultural-genetic explanation and advance a new theoretical explanation that incorporates a more expansive characterization of the nature and role of discrimination. They also conclude that conventional anti-discrimination efforts are unlikely to be sufficient to close the gap.This book will be essential reading for anyone interested in US social and economic history, political economy, African-American studies, and public policy.

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In this tightly argued work William Coleman explores the macroeconomic implications of politically based restraints on competition in labour markets.Through a suite of compact models the author investigates the consequences of the labour force securing the best terms of sale for its labour by means of the electoral mechanism. He concludes that such ?electorally optimal? labour regulation can explain not only wage rigidity and unemployment, but also wage volatility; episodes of excess demand for labour; the co-existence of an inefficient state sector with an efficient private sector; and the preference for a minimum wage over a universal wage regulation. Finally, the approach can rationalize nominal wage rigidity, and not solely real wage rigidity. In sum, the analysis promises to both complete the Classical explanation of unemployment by predicting when, why and how real wages will be rigid, and at the same time to better secure Keynesian insights by suggesting how money rigidity may be characteristic of electorally optimal labour regulation.The Political Economy of Wages and Unemployment will prove a challenging and stimulating read for academics, students and researchers of economics generally, and more specifically, those with a special interest in macroeconomics and labour economics.

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The role of culture in the operation of Japanese law is one of the great questions of sociolegal studies. Discussions tend to polarize, between a simplistic view of cultural determinism and a more universalist approach that emphasizes institutions. This superb collection, with a diverse and accomplished set of contributors, takes culture seriously. It shows how legal institutions have both shaped and been shaped by Japanese legal culture. A state-of-the art assessment of Japanese law after more than a decade of reforms, this book is a must for anyone interested in understanding legal culture more broadly.'- Tom Ginsburg, University of Chicago Law School, US'The Changing Role of Law in Japan is a path-breaking work of comparative legal scholarship, offering a fresh and compelling perspective on the Japanese legal system that makes it essential reading for anyone interested in the role of law in industrialized democracies. The editors present a convincing case for putting a dynamic conception of culture at the heart of comparative legal studies, while simultaneously demonstrating the wisdom of comparing Japanese law and legal institutions to their European rather than their American counterparts. This is a volume that will be read, and debated, for years to come.'- Eric A. Feldman, University of Pennsylvania Law School, USThe Changing Role of Law in Japan offers a comparative perspective on the changing role of law in East Asia, discussing issues such as society, cultural values, access to the legal system and judicial reform. This innovative book places Japan in the wider context, juxtaposed with Europe, rather than the US, for the first time.Parallel to Japan's rise to economic prominence on the world scene in the 1960s, law and legal thinking in the country have become the focus for academic research in various respects. One recurring question has been how Japan managed to become one of the most important economic actors in the world, without the legal infrastructure usually associated with complex economic activities. This book addresses many current issues that illustrate important changes in Japanese society and its political and legal systems. The authors investigate fundamental questions about the precise role of law and the courts in Japan, and try to go beyond the classical paradigm that attributes the particularities of Japan to its unique culture or its exceptional position. The various contributions to this book all demonstrate the importance of challenging existing conceptions and revisiting them through meticulous socio-legal and empirical research.This book will appeal to scholars of sociology of law, international studies and those interested in a transnational approach to the legal framework. Graduate students dealing with law in Asia, intellectual property, patent law and competition law will also find much relevance in this interesting and stimulating book.Contributors: V. Gessner, R. Hamano, E. Herber, A. Hirata, S. Kozuka, J. Maesschalck, T. Mihira, M. Murayama, D. Nelken, I. Ozaki, S. Parmentier, T. Suami, H. Takahashi, S. Vande Walle, D. Vanoverbeke, E. van Zimmeren

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Clustering as an economic policy concern has become increasingly fashionable. The authors of this book shed light on this subject of which there remains remarkably little understanding, and even less agreement, regarding what clusters are, what they require for success and what impacts they are likely to have in different contexts, locally, nationally and globally. Clusters and Globalisation brings together scholars with different perspectives and theoretical groundings, and from different disciplines, to consider conceptual arguments and case study material. In doing so the volume identifies key characteristics and requirements of the forms of cluster that are especially significant for the attainment of economic success in a globalising world. This unique critical analysis of clusters in the framework of globalisation will strongly appeal to students and academics with an interest in economic development, public policy and globalisation. The book will also be of great interest to researchers in policy agencies concerned with local economic development and the design of cluster policies.

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Modern evolutionary economics is now nearly two decades old and in this excellent book, a distinguished group of evolutionary economists identify the most important developments and discuss the direction of future research.By moving away from traditional concerns with the operation of selection mechanisms towards a preoccupation with the manner in which the novelty and variety provide fuel for such mechanisms, the authors identify a key development in the field. Evolutionary economists have been drawn into the modern complexity science literature which attempts to provide an understanding of how and why 'complex adaptive systems' engage in processes of self-organization. The goal is to provide an integrated analysis of both selection and self-organization that is uniquely economic in orientation. After a brief overview of the many key achievements and continuing challenges, the first part of the book deals with theoretical perspectives, discussing institutional change, social constructions, complexity, selection and self-selection and the usefulness of theory. Part two deals with empirical perspectives and includes discussion of replicator dynamics, the measurement of heterogeneity and complexity, and modelling organizations as complex adaptive systems. This unique book will appeal to evolutionary and industrial economists and policymakers involved with issues of innovation and management scientists.

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Mark Chater's brilliant new book diagnoses the reasons why RE urgently needs radical reform, and looks ahead to a time when the subject will have a new identity based on a clear democratic purpose. The book shines a light on how key leaders can make this happen, and how the new good practice is already breaking through. It is edited and authored by experts and leading change agents in RE, who offer a well-informed and provocative vision and programme for change.

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Rutger Hoekstra examines the complex relationship between the monetary economy and the materials flows that are extracted and emitted by economic activities. These physical flows are responsible for many important environmental problems such as unsustainable resource depletion, waste production and climate change. This book discusses, applies and improves upon techniques which link the monetary and physical economies for environmental analyses. The book uses two sources of analysis: the physical input-output table (PIOT), a macro-economic account for the physical economy, recording material and product flows, including resource extraction, emissions and recycling; and structural decomposition analysis (SDA), which assesses the influence of structural changes, such as economic growth, consumption shifts, export growth and technological change, on environmental indicators. Methodological improvements in the PIOT and SDA systems are then presented by the author, and applied to empirical data. Ecological and industrial economists, along with those with an interest in environmental problems associated with the economy will find this book, with its extensive historical analysis and novel fore- and back-casting models, to be a fascinating read.

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This Handbook brings together pioneering, original work on organisational entrepreneurship. It provides a broad coverage and rich agenda for future research and teaching on the entrepreneurship-organisation relationship.Organizational entrepreneurship represents an interdisciplinary field of research that relates organisation, entrepreneurship and innovation studies in new ways. This Handbook establishes the scope of this interdisciplinary domain, challenges our perception of relationships between organization(s) and entrepreneurship, and asks new questions central to our capacity to describe, analyze and understand organizational entrepreneurship. Providing a broad and rich set of examples of interdisciplinary research and bridging the fields of strategic management, organization studies, entrepreneurship, innovation, art and aesthetics, this important compendium will prove invaluable to graduate students and scholars in these fields. Contributors: H. Ahl, H.E. Aldrich, E. Barinaga, T. Beyes, P.L. Bylund, L. Devin, N.J. Foss, W.B. Gartner, P. Guillet de Monthoux, R.D. Hisrich, D. Hjorth, C. Jones, C. Kearney, P.G. Klein, A. Kovalainen, D.F. Kuratko, J. Lyngsie, M. Martinez, A.-M. Murtola, S. O'Donnell, S. Sarasvathy, D. Smallbone, B.M. Sorensen, C. Steyaert, E. Sundin, R. Swedberg, F. Welter

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This Handbook brings together pioneering, original work on organisational entrepreneurship. It provides a broad coverage and rich agenda for future research and teaching on the entrepreneurship-organisation relationship.Organizational entrepreneurship represents an interdisciplinary field of research that relates organisation, entrepreneurship and innovation studies in new ways. This Handbook establishes the scope of this interdisciplinary domain, challenges our perception of relationships between organization(s) and entrepreneurship, and asks new questions central to our capacity to describe, analyze and understand organizational entrepreneurship. Providing a broad and rich set of examples of interdisciplinary research and bridging the fields of strategic management, organization studies, entrepreneurship, innovation, art and aesthetics, this important compendium will prove invaluable to graduate students and scholars in these fields. Contributors: H. Ahl, H.E. Aldrich, E. Barinaga, T. Beyes, P.L. Bylund, L. Devin, N.J. Foss, W.B. Gartner, P. Guillet de Monthoux, R.D. Hisrich, D. Hjorth, C. Jones, C. Kearney, P.G. Klein, A. Kovalainen, D.F. Kuratko, J. Lyngsie, M. Martinez, A.-M. Murtola, S. O'Donnell, S. Sarasvathy, D. Smallbone, B.M. Sorensen, C. Steyaert, E. Sundin, R. Swedberg, F. Welter

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Using case studies from the UK and Europe, Chris Couch examines the nature and achievements of the expanded towns programmes that emerged in the mid-20th century to accommodate population growth and overspill from densely populated urban areas. Thought-provoking insights into lessons to be learnt are provided, alongside arguments for further planned expansion of smaller towns today. This timely book investigates how development pressures caused by rapidly growing populations, have led to some disregard for health and housing standards, and how a fresh look at the relationship between urban form and public health is necessary, particularly in the wake of the Coronavirus pandemic. The author raises the importance of strong planning and public land acquisition, concluding with a strong case for a new programme of planned expansion in smaller towns. Written in an accessible style, this book is an excellent resource for students and researchers in urban planning, geography and history as well as housing policy, estate management and the built environment. Practitioners and policy makers within town planning and urban development would also find this an invaluable read.

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The UK model of incentive regulation of power grids was at one time the most advanced, and elements of it were adopted throughout the EU. This model worked well, particularly in the context of limited investment and innovation, a single and strong regulatory authority, and limited coordination between foreign grid operators. This enlightening book demonstrates how the landscape has changed markedly since 2010 and that regulation has had to work hard to catch up and evolve. As the EU enters a wave of investment and an era of new services and innovation, this has created growing tensions between national regulatory authorities in terms of coordinating technical standards and distribution systems. This is being played out against an increasingly disruptive backdrop of digitization, new market platforms and novel business models. Electricity Network Regulation in the EU adopts a truly European approach to the complex issues surrounding the topic, focusing on the grey areas and critical questions that have traditionally been difficult to answer. Incentive regulation and grids are addressed simultaneously at the theoretical and practical level, providing the reader with fundamental concepts and concrete examples. This timely book is an invaluable read for energy practitioners working in utility companies, regulators and other public bodies. It will also appeal to academics involved in the world of electricity regulation. The book utilizes language that would make it suitable for interdisciplinary students, including engineering and law scholars.Contributors include: P. Bhagwat, J.-M. Glachant, S.Y. Hadush, L. Meeus, V. Rious, N. Rossetto, T. Schittekatte

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A hilarious story about the world's worst detectives by the bestelling author of the Alex Rider series, Anthony Horowitz.Meet the Diamond Brothers, the world's most defective detectives, by the author of the number one bestselling Alex Rider series. Tim is broke. So when a mysterious stranger offers him a wad of money for his overcoat, it seems like a stroke of good fortune. But there are worse things than being broke. Being shot, for one – which is what happens to the stranger, and could soon be the fate of the Diamond Brothers…

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'This book, although relatively short, is a tour de force. The book is elegantly written, offering a persuasive narrative in which the arguments and the prose flow smoothly from one theme to another. The reader is pulled along various lines of argument running parallel, but ultimately these are brought back together in a concluding synthesis. This is a superb book. I know of no other recent volume with a similar broad scope, internal cohesion, and argumentative rigour, as well as persuasive writing style. I strongly recommend this book to anyone with an interest in global economic transformations and the expanded role of global city regions.'- Larry S. Bourne, Canadian Studies in PopulationThis innovative volume offers an in-depth analysis of the many ways in which new forms of capitalism in the 21st century are affecting and altering the processes of urbanization.Beginning with the recent history of capitalism and urbanization and moving into a thorough and complex discussion of the modern city, this book outlines the dynamics of what the author calls the third wave of urbanization, characterized by global capitalism s increasing turn to forms of production revolving around technology-intensive artifacts, financial services, and creative commodities such as film, music, and fashion. The author explores how this shift toward a cognitive and cultural economy has caused dramatic changes in the modern economic landscape in general and in the form and function of world cities in particular. Armed with cutting-edge research and decades of expertise, Allen J. Scott breaks new ground in identifying and explaining how the cities of the past are being reshaped into a complex system of global economic spaces marked by intense relationships of competition and cooperation.Professors and students in areas such as geography, urban planning, sociology, and economics will find much to admire in this pioneering volume, as will journalists, policy-makers, and other professionals with an interest in urban studies.

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The implementation of a democratic order embedded in a market economy environment has proved immensely difficult. Furthermore, this process is subject to tremendous variety within Central and Eastern Europe. Ten years after the collapse of communism it was apparent that only Poland and Slovenia surpassed their 1989 levels of GDP. This book scrutinises the arrangements to enforce good governance in this area both by means of external help and domestic political leadership.From the popular assumption that transformation is a collective good, it follows that the problem of free-riding has to be faced. Consequently there is a danger that transformation may never be completed. This book empirically tests the relationship between economic performance and good governance focusing upon voluntary coercion as a means to prevent free-riding behaviour. The author examines the role of international organisations and discusses elite formation as an important element of good governance - something often ignored in the economic analysis of economic performance.Scholars and researchers of political and economic transformation in Central and Eastern Europe as well as those from the fields of political economy, international relations and political science will find this book enlightening.

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Offering the first scholarly analysis of the economic nature of blockchains and the formation of the blockchain economy, this timely book explores the future of global capitalism. Applying the institutional economics of Ronald Coase and Oliver Williamson, the authors highlight how blockchains are poised to reshape the nature of firms, governments, markets and civil society. Chapters apply basic economic principles to explore blockchains and distributed ledger technologies through the framework of institutional economics. The book suggests ways in which cryptocurrencies such as Bitcoin may develop further in the future, bringing us back to a barter economy which removes the need for a third person in economic transactions. Outlining a ledger-centric view of the economy, the authors explore how blockchains and dehierarchalisation will reduce the demand for government regulation. Institutional economists and scholars will greatly appreciate the thorough analysis of the development of institutional cryptoeconomics and insight into the future of blockchains that this book offers. Computer and technology scientists will also find this book to be a valuable read, as well as those working specifically in the blockchain industry.

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Open innovation is about firms' external relations with other firms and organizations. It is a topic which has attracted an immense amount of attention, but which has also been heavily criticized due to the diversity of the ideas and fuzziness of its key concepts. To date, the bulk of the literature on open innovation draws on case study material to illustrate the operation of firms in an anecdotal way. By contrast, this book examines open innovation practices by using large-scale data sets and stresses their impact on firm performance. The authors examine four key issues: differences between firms in open innovation practices, public funding to enhance external relations, R&D outsourcing of firms, and the role of human resources in R&D and innovation. The conceptual and measurement issues attached to open innovation explored in this timely book will prove essential to academics. Practitioners from large firms who are closely engaged in the practical organization of open innovation will benefit from the authors insights on outsourcing R&D and the need for the right kinds of human resources.

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Post Keynesian analyses of monetary production have not given much attention to households as institutions, while a good deal of the literature in feminist economics discusses households in a strictly microeconomic context, with little consideration of monetary phenomena. This book, a unique study of the capitalist economy, utilizes a distinctive combination of Post Keynesian, institutional, and gender analysis to examine household economics in capitalist society in order to flesh out the gaps in each. The author poses questions that cut across rigidly determined areas of inquiry, such as gender and money, and micro- and macroeconomic analysis. She grounds the discussion of households and their social and financial relations within a monetary theory of production, and provides many methodological, theoretical, and policy formulation insights to establish a framework that illuminates current problems of household debt.

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This inter-disciplinary volume focuses on the economic and legal challenges confronting globalisation and the evolution of the global system. The Law and Economics of Globalisation discusses the hotly debated topic of globalisation from a wide set of perspectives of law, economics and international political economy. The authors shed new light on the legal, economic and institutional issues raised by globalisation, extending into areas previously considered as national issues. They discuss how the development of the norms, institutions and reach of the global system will be influenced by the domestic and international concerns arising from the increasing integration of countries in the new century.With contributions from lawyers, economists and other experts in the field, this book will be welcomed by academics, students, researchers, and policymakers who are interested in a comprehensive volume on economic globalisation. It will also appeal to a wider audience, such as executive education courses, as well as business and law schools.

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The normative and institutional distance travelled since UNCHE has been considerable. There have been notable successes, but more often than not environmental indicators continue to evince disturbing downward trends. This collection brings together cutting-edge scholarship designed to explore where we have been, where we are, and where we might be going - Global Environmental Law at a Crossroads. Contributors explore the continuing challenges we face, but they also look ably and deeply at the opportunities for improvement in governance that might address these challenges. For those concerned where we are headed, this will be a welcome addition to the library.'- Donald K. Anton, The Australian National University College of Law'This is a remarkable publication wherein some of the world s leading environmentalists discuss in an informed and transparent manner global, regional and national environmental challenges. The unique character of this book is that it links global issues of the environment (sustainable development; the creation of the World Environmental Organization) with national issues such as the right of nature in Ecuador. The book also presents a critical overview of the Rio+20 Conference. The particular feature of this outstanding book is its very analytical and straightforward approach to environmental issues adopted by its authors. Such a book is a must to all environmental lawyers, scholars and practitioners and in particular for a young generation of people who are interested in our planet.'- Malgosia Fitzmaurice, Queen Mary University of LondonGlobal Environmental Law at a Crossroads analyzes cutting-edge developments in environmental law around the globe. Written in the aftermath of the 'Rio+20' conference, this book addresses environmental governance from the international, regional and national levels. The topics include climate change initiatives, market-based environmental measures, water and food systems management, environmental governance structures and theories, and examples of environmental policy innovations from around the world. The global coverage draws on experiences from the EU, the Middle East, China, Brazil, Ecuador, Nigeria, Ethiopia, New Zealand and Australia.This book will be a useful resource to scholars and students of environmental law and policy. Government and environmental officials as well as resource managers will find of interest the analyses of varied experiences around the world. These comparative experiences provide a rich introduction to the emerging field of global environmental law.Contributors: R. Ako, M.B. Tekle, P. Chen, D. Craig, E. Daly, T. Daya-Winterbottom, S. Fulton, A.L. Garcia Campos, Ni. Goeteyn, J.J. i Manzano, A. Kennedy, I.E. Kornfeld, L.-H. Lye, N. Lugaresi, F. Maes, J.R. May, A.M. de Oliveira Nusdeo, C. Parrod, L. Schiano di Pepe, A. Telesetsky, J. Williams, S. Wolfson,Y. Zhao

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This provocative and thoughtful book critically examines the major issues facing Europe today and makes policy proposals for the future.The Future of Europe focuses on the main policy areas where European leaders must take decisions over the coming years. The issues discussed include the EC’s policies for enlargement, greater depth, economic and monetary integration, foreign affairs, defence and citizenship rights. The author, Peter Coffey, offers a considered assessment of the move towards European integration, praising the achievements but also expressing concern about the lack of democratic control in the EC and its inability to co-ordinate its economic, monetary and foreign policies. European union, he argues, must be a selective coming together ‘a Europe a la carte‘ if the rights of the individual are to be reconciled with the necessity of creating a common front in selected critically important areas.Written in an accessible and informative style, this key policy book introduces students, teachers and others to the central economic, social and political issues facing present-day Europe.

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Intellectual property (IP) has become one of the most influential and controversial issues in today's knowledge-based society. This challenging book exposes the reader to key issues at the heart of the public debate now taking place in the field of IP. It considers IP at the macro level where it affects many issues. These include: international trade policy, ownership of breakthrough technologies, foreign direct investment, innovation climates, public-private partnerships, competition rules and public health where it is strongly embedded in contemporary business decision making. Meir Pugatch has assembled an international and diverse cast of contributing authors, who offer new insights into a broad span of the most pressing IP-related issues. They shed light on the increasing dominance of IP in the design and execution of basic and applied research, the evaluation of intangible assets, and the protection and management of knowledge assets, underscoring its importance in relation to national economic development strategies and business strategies of knowledge-based industries and companies.The Intellectual Property Debate will appeal to scholars, practitioners, and government officials interested in the fields of international trade and intellectual property policy, intellectual property law, technology transfer and valuation, and international business.

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Addressing the contentious debate surrounding the future of the European Atomic Energy Community Treaty (Euratom), Anna Södersten offers one of the first examinations of Euratom from an institutional and structural perspective, and in doing so, investigates the legal implications of its continued separate existence. Using primary material as key sources for analysis, as well as examining all of the treaty?'s titles, this book explores the relationship between Euratom and two other core EU treaties, the Treaty on European Union (TEU) and the Treaty on the Functioning of the European Union (TFEU). In considering whether it is still relevant that one of the EU?'s founding treaties is the promotion of nuclear energy, Södersten concludes that there is no need for the Euratom as a separate treaty. Euratom at the Crossroads will be essential reading for scholars in the fields of EU institutional law and EU energy law. EU officials and practitioners in the field of energy law, at national legislatures and regulator authorities, will find this indispensable reading.

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This compendium of essays brings together some of William Baumol's most distinguished and acclaimed papers with some that are more rare, including a discussion of the growth and innovation mechanism that accounts for the unprecedented growth performance of the market economies. Amongst many other papers of note are a discussion of appropriate regulatory principles for privatized and deregulated firms, and a survey of the accomplishments of economists in the past century and the past millennium. This collection includes the following essays: Productivity Growth, Convergence and Welfare: What the Long-Run Data Show On the Possibility of Continuing Expansion of Finite Resources Social Wants and Dismal Science: The Curious Case of the Climbing Costs of Health and Teaching Towards Microeconomics of Innovation: Growth Engine Hallmark of Market Economics Use of Antitrust to Subvert Competition Predation and the Logic of the Average Variable Cost Test. The papers engage with an eclectic range of issues and represent a vignette of the author's varied contributions to the economic literature.

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Beginning with railroad regulation in 1887 and continuing for eight decades, the U.S. Federal Government expanded its regulatory scope to cover key transportation, telecommunications and energy sectors. In the last quarter of the 20th century this long-term trend was abruptly and dramatically reversed as important sectors of the U.S. economy were deregulated. This Research Review introduces the causes and effects of this process, and the political and economic forces behind the elimination of regulatory authority.

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Is the EU isolated within the emergent multipolar world? Concentrating on interregional relations and focussing on the European Union’s (EU) evolving international role with regards to regional cooperation, this innovative book collects a set of fresh empirical analyses of interregional ties binding the EU with its Eastern and Southern neighbourhood, as well as with Asia, Africa and the Americas. The 25 leading authors from 5 continents have contributed original and diverse chapters and the book advances a novel theoretical ‘post-revisionist’ approach beyond both the Eurocentrism of ‘Europe First’ perspectives as well as the Euroscepticism of those advocating to simply move ’Beyond Europe’. After a Foreword by A. Acharya, the book’s five sections reflect the main drivers of EU interregional policies: The European Union as a Sophisticated Laboratory of Regional and Interregional Cooperation (with chapters by M. Telò, L. Fawcett and T. Risse), De Facto Drivers of Regionalism (F. Ponjaert, M. Shu, A. Valladão and C. Jakobeit), De Jure Drivers of Regionalism (S. Lavenex, G. Finizio, C. Jakobeit, R. Coman, C. Cocq & S. Teo L-Shah), Cognitive Drivers of Regionalism (J. Rüland, E. Fitriani, S. Stavridis & S. Kingah, P. Bacon), and Instrumental Drivers of Regionalism (B. Delcourt, C. Olsson & G. Müller, A. Malamud & P. Seabra and L. Fioramonti & J. Kostopoulos).

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Alistair Moffat was born and bred in the Scottish Borders. A former Director of the Edinburgh Festival Fringe, Director of Programmes at Scottish Television and founder of the Borders Book Festival, he is also the author of a number of highly acclaimed books. From 2011 he was Rector of the University of St Andrews. He has written more than thirty books on Scottish history.

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This comprehensive and far-reaching book describes the growth and economic integration of the European economy from 1500 to 1913. The authors apply macroeconomic techniques to identify growth rates, inflation, product markets, trade networks and business cycles across a set of countries over the period. The book demonstrates that growth was the natural state for European economies throughout the period although, under the impetus of the industrial revolution, growth rates generally accelerated by the end of the nineteenth century. Similarly, business cycles in the modern sense seem to have been in evidence at the beginning of the period but by the eighteenth century there is no doubt that modern cycles affected these countries, sometimes simultaneously. Inflationary episodes are both distinct and shared in this long period, with the long inflation of the sixteenth century attesting to the integration of European markets. Finally, the authors find abundant quantitative evidence to support the argument that economies linked by international trade in 1500 came close to achieving global integration by 1913.The European Macroeconomy will be of interest to scholars of economic history, international economics and macroeconomics.

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Modern liberalism asserts the transcendental, autonomous self's 'natural rights' against others' moralistic and political preferences, and regards the economist's utilitarian social welfare theory as instrumental to the achievement of 'social justice'. Timothy Roth argues that the liberal enterprise ignores Kant's 'two points of view', confuses Kantian autonomy with moral and political license, mistakes utilitarian impersonality for impartiality, and takes no account of the indeterminacy of social welfare theory's fundamental theoretical constructs. In contrast, the author shows that Kant's 'two points of view' inform the conservative's constitutive political position and animate the consequence-detached, explicitly normative work of the conservative, constitutional political economist. He shows that, unlike modern liberalism, conservatism is grounded in Kant's 'two points of view', that utilitarian social welfare theory cannot be instrumental to the achievement of social justice, and that constitutional political economy is conservative economics. Economists interested in political economy, methodological issues, social welfare theory, public choice theory, or the moral foundations of economics will find much of interest in this thought-provoking volume. Political scientists interested in the philosophical foundations of modern liberalism and conservatism will also want to add this title to their library.

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East Asia's Monetary Future is an illuminating and valuable work which uniquely focuses on a long-term monetary view of the region. There are multiple and varied future scenarios which can be applied to this region - an enlarged Singapore-Brunei currency area, a greater China monetary bloc and even a Northeast Asian bloc comprising Japan and Korea.Leading scholars from East Asia, Europe and the US contribute valuable new insights to the key questions facing the organization and future of the monetary system in East Asia. Central questions discussed and analysed in the book include, amongst others: should the region move towards monetary union? Should countries peg their exchange rates to the US dollar? Is complete dollarization an option for East Asia? The authors argue that, having realized price stability over the last twenty years, in contrast to Latin America and Africa, the next logical step would be the gradual formation of various currency blocs within the region. This comprehensive discussion of the fundamental issues at stake will ensure the book's appeal to academics and researchers of Asian studies and financial economics. Financial experts working in this area and policymakers will also find much of interest to them within this book.

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Immigration has become a significant public policy issue in all of the developed countries, as well as an important area of study for academic researchers. Barry R. Chiswick has been a pioneer in research on the economics of immigration and has published numerous seminal studies on the labor market, the educational and linguistic adjustment of immigrants, and the impact of immigrants on the host economy. He has also written extensively on various aspects of immigration policy. Now his most influential and widely-cited papers, published over a span of 25 years in a variety of journals and conference volumes, are available in a single volume. The author has written an original essay introducing this valuable collection.Scholars of economics, public policy, sociology, anthropology and immigration will find this book an essential addition to their libraries.

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Adam Smith warned of the prevalence of corporate conspiracies more than two hundred years ago. Since then, interest in cartels has sometimes intensified (during the Great Depression, for example) and sometimes diminished, but the need for control has always remained on the antitrust agenda. This well-documented book reviews the economic case against corporate collusion, as well as the arguments made for a more permissive attitude. A survey of recent empirical research reveals not only the prevalence of a wide range of international cartels but also the size of the inefficiencies and costs that they impose on customers and consumers. The antitrust reaction has therefore intensified with greatly increased fines being imposed by the US, the EU and other authorities. At the same time, they have developed sophisticated leniency polices with the aim of destabilizing the illegal conspiracies. After reviewing these measures, the author concludes with the hope that this toughened approach is not modified or reversed during periods of recession. This insightful book will appeal to undergraduates in economics, business and law studying antitrust and law and economics.

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A thoroughly updated introduction to the current issues and challenges facing managers and administrators in the investor and publicly owned utility industry, this engaging volume addresses management concerns in five sectors of the utility industry: electric power, natural gas, water, wastewater systems and public transit. Beginning with a brief overview of the historical development of the industry, the author examines policy issues including the consequences of dealing with deteriorating infrastructure, an aging workforce, climate warming, funding for repair and replacement of facilities, and the demands for meeting the needs of a growing population. In addition to reviewing issues related to various management tasks, he includes chapters on physical and cyber threats and management ethics, liberally laced with real-life examples of utilities' dealings with these challenges. Many tables, figures and boxes expand on key points from the text.Accessible and comprehensive, this thoughtful exploration of the various issues facing administrators and operators in public utilities in the new century will prove a useful overview for students of business and economics, utility staff, and directors of local utility governing boards.

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From USA Today bestselling author T. Kingfisher comes a dark retelling of the Brothers Grimm's Goose Girl, rife with secrets, murder, and forbidden magic.

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Presented in bilingual form (English/French), these bibliographies list the most important publications in the field of economics in 1986. Arranged in a decimal system of classification and including author and subject indexes.

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During the past few decades the economies of East and South East Asia have grown at a significant rate, resulting in a large proportion of the world's population being relieved from poverty in a relatively short space of time. This unprecedented phenomena underlines the importance of understanding the driving forces behind the growth 'miracle' of East Asia.Yanrui Wu addresses some of the most critical macroeconomic issues associated with East Asian growth. Principally focusing on the most rapidly emerging economies in the region, the author covers a broad base of topics. Several determinants of growth are examined and in each case an analytical framework is applied to empirical data. Specific themes include: economic openness and growth stock market development intra-industry trade growth engines in Singapore productivity growth in Taiwan the Asian financial crisis. Employing both cross-country analyses and case studies of individual economies, this important new book substantially contributes to the many debates surrounding economic growth in East Asia. The author's concise yet absorbing style will appeal to economic researchers, lecturers and students of economics, as well as business economists and market analysts.

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While much of the current literature on the economic consequences of an aging population focuses on the negative aspects, this enlightening book argues that seniors can bring significant benefits ? such as vitality and competitiveness ? to an urban economy.The authors illustrate the ways an aging population can have a positive impact on urban centers, including the move by large numbers of seniors from the suburbs to the city, where their disproportionate consumption of education and the arts helps rejuvenate city centers. Given this, the authors conclude that a large and active senior population has the potential to assist a city in the achievement of its strategic economic objectives. The book includes analyses of the effects of population aging on best practices in 40 cities in the US and EU, with surprising results, as well as interviews with city officials and leaders.Academics, researchers and public officials in the areas of urban development, public policy and aging will find much in this original approach to interest and provoke debate.

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The Elgar Companion to Health Economics is a comprehensive and accessible look at the field, as seen by its leading figures.'- Joseph Newhouse, Harvard Medical School, USThis comprehensive collection brings together more than 50 contributions from some of the most influential researchers in health economics. It authoritatively covers theoretical and empirical issues in health economics, with a balanced range of material on equity and efficiency in health care systems, health technology assessment and issues of concern for developing countries. This thoroughly revised second edition is expanded to include four new chapters, while all existing chapters have been extensively updated.The Elgar Companion to Health Economics, Second Edition intends to take an audience of advanced undergraduates, postgraduates and researchers to the current frontier of research by providing concise and readable introductions to key topics.Contributors: T. Adam, H. Al-Janabi, M.C. Auld, P.P. Barros, A. Basu, S. Birch, D. Bishai, H. Bleichrodt, W.D. Bradford, J. Brazier, F. Breyer, A. Briggs, J.F. Burgess Jr, L. Burgess, M. Chalkley, D. Chisholm, K. Claxton, J. Coast, P. Contoyannis, R. Cookson, G. Currie, D. Dawson, P. Deb, C. Donaldson, B. Dowd, M. Drummond, T.T.-T. Ensor, S.L. Ettner, D.B. Evans, D. Feeny, R. Feldman, E. Fenwick, A. Gafni, P.-Y. Geoffard, K. Gerard, J. Glazer, D.C. Grabowski, H. Gravelle, P. Grootendorst, P.J. Huckfeldt, T. Iversen, A.M. Jones, D. Kenkel, A.N. Kleit, D.N. Lakdawalla, M. Lindeboom, P. Lorgelly, J. Louviere, H. Lurås, W. Manning, X. Martinez-Giralt, H. Mason, A. McGuire, T.G. McGuire, D. Meltzer, A. Mills, C. Mitton, S. Morris, J. Mullahy, D. Nair, E.C. Norton, J.A. Nyman, O. O'Donnell, T. Olmstead, N. Palmer, S.J. Peacock, T.J. Philipson, J.L. Pinto, D. Polsky, C. Propper, M. Raikou, R. Rannan-Eliya, N. Rice, T. Rice, J. Roberts, D. Rowen, C.J. Ruhm, M. Ryan, M. Schoenbaum, M.J. Sculpher, P. Shackley, L. Siciliani, J.L. Sindelar, P.C. Smith, R. Smith, A. Somanathan, A. Street, D.J. Street, M. Sutton, R. Thompson, P.K. Trivedi, A. Tsuchiya, E. van Doorslaer, C.H. Van Houtven, D.J. Vanness, S. Venkatapuram, R. Viney, A. Wagstaff, M.C. Weinstein, J.A. Williams, D. Wilson, P. Zweifel

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Singapore, South Korea and Taiwan - East Asia's newly industrialised economies (the NIE-3) - experienced a profound development transformation over recent decades. Christopher Dent makes a comparative study of their foreign economic policies, highlighting how the NIE-3 have engaged with the international economic system in an increasingly dynamic way. The book develops a new macro-framework of foreign economic policy analysis that provides the structure for this study. The author argues that the 'development context' of the NIE-3's foreign economic policies is grounded in their common development statism and semi-peripheralisation. He further contends that it is the pursuit of economic security that primarily motivates their respective foreign economic policies.This new conceptualisation of economic security in the context of foreign economic policy will appeal to academics, researchers and students in wide range of disciplines including: Asian studies, international relations, international political economy, economics and politics.

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Economic Integration between Unequal Partners deals with the emergence of the major trading blocs, including the North American Free Trade Agreement (NAFTA) and the European Union. The rise of these blocs has profound implications for the socio-economic and geo-political systems as we know them.The author's question whether the irreversible trend towards mega trading blocs will lead to a reduction of economic disparities and convergence between unequal partners, or whether the process is a 'zero sum game' where one player's gains must come at the expense of another. The first two sections deal with the experience in North America and the EU respectively. The following sections concentrate on the political economy of integration, the monetary and financial aspects of the process, and the unique experience of German unification after 1990.Featuring essays by leading experts in the field, this volume will be welcomed by scholars and students concerned with economic integration, international economics and international relations, as well as by practitioners in international institutions, finance ministries and central banks.

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Market dominance - encompassing single firm dominance, overt and tacit collusion, mergers and vertical restraints - raises many complex analytical and policy issues, all of which continue to be the subject of theoretical research and policy reform. This second edition of a popular and comprehensive text extends the arguments and combines an analysis of the issues with a discussion of actual policy and case studies.This new edition addresses the recent fundamental changes in antitrust law, especially in the UK and the EU, and reviews some high profile and controversial cases such as the Boeing-McDonnell Douglas merger and the Microsoft monopoly. The author moves on to deal with several unresolved questions including the conflicts between trade and antitrust policy, the foreign take-over of domestic assets and extra-territorial claims made by certain countries.Market Dominance and Antitrust Policy will be of considerable value to students and scholars of economics, law and business, as well as researchers, policymakers and practitioners with an interest in competition policy and international trade.

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This important collection prepared by Robert E. Evenson and Terri Raney - leading scholars in the field - focuses on one of the most controversial issues of our time - the genetic modification of agricultural produce. Whilst the US and Canada are supportive of GM crops, the European Union urges other countries to involve the 'precautionary principle' in regulatory policy. This comprehensive volume, which will appeal to scholars and practitioners alike, includes papers discussing this European Union-North American divide and possible resolutions of differences on this subject. Topics examined include: the technology; the industry; farmer adoption; consumer acceptance; economic impacts; the emergence of GM free markets and GM products for developing countries.

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This book provides a uniform and coherent approach to the analysis of distribution systems in general and retail systems in particular. It develops the fundamentals of retail demand and supply, and demonstrates how the provision of distribution services is a principal determinant of economic outcomes in retail exchanges for both retailers and their customers, as well as for other agents such as suppliers and franchisors. The author integrates the existing literature with new applications to provide novel insights into the multi-product nature of retailing, the service aspects of packaging, and the evolution of retail formats such as supermarkets, non-store retailers (including the Internet) and shopping centers. He illustrates how the complementarity that underlies retail activities leads to lower average prices for customers. This integrative process also brings out the role of distribution services as mechanisms to exercise economic power. This is evident not only in channels of distribution but in the evolution of Wal-Mart and the development of franchise contracts. The author also identifies the crucial differences between the retailing of goods and the retailing of services.This impressive volume skilfully integrates conceptual, theoretical and empirical research to analyse critical issues in the economics of retailing and distribution. It will be required reading for academics and professional economists interested in industrial organization, marketing, applied microeconomics and business.

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In Contested Territory a distinguished group of scholars analyses border issues stemming from the expansion of the former Soviet Union at the end of the Second World War. This important book offers detailed discussion and comparative analysis of eight potential or actual world politics border disputes at a time of great upheaval for the former Soviet Union when territorial issues are reemerging on the political agendas. The authors offer explanations for the rise of border disputes which emphasize the normative dimension rather than power politics. They also show how annexed border regions with their own distinct histories have developed regional identities within the former Soviet Union. The book's extensive coverage includes the most systematic expert analysis presently available on territorial disputes concerning Bessarabia and Northern Bukovina, Carpatho-Ukraine, Eastern Poland, East Prussia, Abrene, the East of Narva and Petserimaa, Karelia and the Kurile Islands. No other volume provides such a wealth of information on boundary and territorial disputes in Europe and the former Soviet Union within a theorectical framework. Contested Territory will be welcomed as a major contribution to our understanding of the recent history of the Soviet Union and the long-term problems raised by outstanding disputes over its boundaries.

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During the growth process inequality may rise or decline, and the change in the level of inequality may, in turn, affect growth. An increase in inequality in one place and better prospects of growth and earnings elsewhere can trigger migration. As a result of these close affecting links between factors, each of the eighteen studies - a mix of both theoretical and empirical - is concerned with at least two of these issues, and is classified into one of three general parts in accordance with the theme that is mostly emphasised. The main focus of the papers appearing in the first part of the book is on inequality and its effects on growth, labour market integration and government policies. The book continues by dealing with migration, its determinants and its possible effect on the host country's output, employment and standard of living. Finally, the authors discuss economic growth and its relationship with trade, capital accumulation and internal and external debts.Economists and researchers studying development economics and migration studies will find this original book, with its innovative state-of-the-art studies, of great interest.

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