"Genetically modified (GM) (or transgenic) crops are produced using plant biotechnology to select desirable characteristics in plants and transfer genes from one organism to another. As a result, crops can survive under harsher conditions, costs are lowered, chemical application is reduced, and yields are improved. Scientists are introducing genes into plants that will give them resistance to herbicides, insects, disease, drought and salt in the soil. The application of modern biotechnology to crop and food production is one of the most significant technological advances to impact modern agriculture. The future of GM technology holds further promises of continued benefits. But the potential of GM product innovations has been overshadowed by significant controversy over this technology. The regulatory activism that has accompanied the diffusion of GM technology has given rise to a complex situation that is replete with obstacles for current and future GM innovations. This is particularly true for the European Union (EU), which has implemented restrictive policies that undoubtedly constrain the current status and the future potential of biotechnology. The discourse on biotechnology applied to food and agriculture is at a crossroads due to rising food prices and concerns about adequate food supplies. Over the last decade a large body of applied economics work has addressed the key questions surrounding the application of this technology to food production. It is now time to take stock of the results of these efforts, and consolidate the methodological, analytical and empirical findings. The challenge is to strengthen the consensus of what economics have to offer in the analysis of the complex issues surrounding the ongoing development of GM products for the agricultural and food sector. The task is, to provide a new perspective on the most pressing policy questions and to help foster an intellectual climate conducive to achieving meaningful progress and lasting solutions. That is the motivation for this volume. It brings together fresh insights from top agricultural economists in the areas of consumer attitudes, environmental impacts, policy and regulation, trade, investment, food security, and development."

This timely book points the way towards a new positive regulatory framework for international investment following the failure of the Multilateral Agreement on Investment (MAI). It examines the flaws in free-market strategies underpinning the recent phase of globalization, in particular drawing out the lessons from the MAI, which was suspended in October 1998. The authors explore an alternative based on a positive regulatory framework for international business aimed at maximizing the positive contribution to development of foreign investment and minimizing its negative social and environmental impacts. The contributors include academics, researchers for non-governmental organizations, and business and trade-union representatives, writing from a combination of economic, legal and political perspectives. The book combines academic analysis with grass-roots and practical experience, and suggests concrete policy proposals.

The fourth volume in the "Handbook of Comparative Economic Policies," this book provides an overview of the development problems and experiences of developing countries. Rather than focusing on development economics per se, the volume discusses the problems faced by developing countries, the way they sought to overcome those problems, and their progress in overcoming the problems. Written by renowned international experts in development economics, the chapters provide the most comprehensive and current comparative studies available, making the handbook a useful tool for students of development economics, economists, and policy makers.

This book examines various facets of the development process such as aid, poverty, caste networks, corruption, and judicial activism. It explores the efficiency of and distributional issues related to agriculture, and the roles of macro models and financial markets, with a special emphasis on bubbles, liquidity traps and experimental markets. The importance of finite changes in trade and development, as well as that of information technology and issues related to energy and ecosystems, including sustainability and vulnerability, are analyzed. The book presents papers that were commissioned for the Silver Jubilee celebrations at the Indira Gandhi Institute of Development Research (IGIDR). The individual contributions address related development problems, ensuring a homogeneous reading experience and providing a thorough synthesis and understanding of the authors' research areas. The reader will be introduced to various aspects of development thought by leading and contemporary researchers. As such, the book represents an important addition to the literature on economic thought by leading scholars, and will be of great value to graduate students and researchers in the fields of development studies, political economy and economics in general.

In the wake of the financial crisis and the Great Recession, economics seems anything but a science. In this sharp, masterfully argued book, Dani Rodrik, a leading critic from within, takes a close look at economics to examine when it falls short and when it works, to give a surprisingly upbeat account of the discipline. Drawing on the history of the field and his deep experience as a practitioner, Rodrik argues that economics can be a powerful tool that improves the world-but only when economists abandon universal theories and focus on getting the context right. Economics Rules argues that the discipline's much-derided mathematical models are its true strength. Models are the tools that make economics a science. Too often, however, economists mistake a model for the model that applies everywhere and at all times. In six chapters that trace his discipline from Adam Smith to present-day work on globalization, Rodrik shows how diverse situations call for different models. Each model tells a partial story about how the world works. These stories offer wide-ranging, and sometimes contradictory, lessons-just as children's fables offer diverse morals. Whether the question concerns the rise of global inequality, the consequences of free trade, or the value of deficit spending, Rodrik explains how using the right models can deliver valuable new insights about social reality and public policy. Beyond the science, economics requires the craft to apply suitable models to the context. The 2008 collapse of Lehman Brothers challenged many economists' deepest assumptions about free markets. Rodrik reveals that economists' model toolkit is much richer than these free-market models. With pragmatic model selection, economists can develop successful antipoverty programs in Mexico, growth strategies in Africa, and intelligent remedies for domestic inequality. At once a forceful critique and defense of the discipline, Economics Rules charts a path toward a more humble but more effective science.

How can human capabilities be articulated and promoted in practice? How can the challenges encountered in its application be addressed? This volume answers these research questions through nine country case studies from the Global North and the Global South.

Since the events of 2011, most Arab countries have slipped into a state of war, and living conditions for the majority of the working population have not changed for the better. This edited collection examines the socioeconomic conditions and contests the received policy framework to demonstrate that workable alternatives do exist.

Military power has long been a serious obstacle to a sustained democracy in Pakistan. The authors investigate the Pakistani military's retrogressive agrarian interventions in the Punjab, and outlines a change, as recognised by society, in the military's rightful function within the economy.

Set against the social resentment instigated by the military's agricultural land grabbing, and a burgeoning resistance to the military's overbearing and socially unjust role in Pakistan's economy, this book supplements a larger body of work detailing the military's hand in industrial, commercial, financial and real estate sectors. Any gain in economic autonomy wielded by the military makes it less answerable to civilian oversight, and makes it more likely to act to protect its economic interests.

The survival of civilian rule in Pakistan, which is critically important for the foreseeable future, requires a fundamental reordering of the balance of power between state institutions, and between state and society. Pakistan, long encumbered by the military yoke, has witnessed its first peaceful transition from one political administration to another; and in a move congenial to the consolidation of this democratic process, 'The Military and Denied Development in the Pakistani Punjab' exposes the nefarious nature of the military's predation, and signals a move for the military to be contained to its constitutionally mandated role - defence.

This resource book documents and analyzes current trends in the economic development of the South Asian countries of India, Bangladesh, Pakistan, Sri Lanka, and Nepal, and evaluates the progress they have made in achieving sustained economic growth and improvement in the quality of life for present and future generations. Their current low growth rates condemn the majority of the population of these countries to unremitting misery and make efforts to redistribute income more difficult. Low savings and exports handicap efforts to accelerate economic growth and declining food production dooms increasing numbers to hunger and disease. This volume examines not only the poorer countries, but also the plight of the poor within developing countries.

This book is a collective effort by researchers affiliated with the CERES Research School in Development Studies in the Netherlands. These experts discuss themes and concepts crucial to the overlapping fields of globalization and development research. Individual chapters examine the notions and issues of globalization, livelihood, identity, governance, transnationalism, and knowledge.

This book challenges the view that liberal democracy is the inevitable outcome of economic modernization. Focusing on the stable and prosperous societies of Pacific Asia, it argues that contemporary political arrangements are legitimised by the values of hierarchy, familism and harmony. An arrangement that clearly contrasts with a western understanding of political liberalism and the communicatory democracy it facilitates. Instead of political change resulting from a demand for autonomy by interest groups in civil society, the adoption of democratic practice in Asia ought to be viewed primarily as a state strategy to manage socio-economic change.

Every city, region and state wants to do better--or at the very least, not do worse. Places have a strong and vigorous concern with and stake in generating a stronger economic performance. This concern spans a broad spectrum of constituents and interests, including business, labor, non-profit organizations, government, and private residents. However, such decision makers mandated with the strategic management of their place receive little guidance or insight from scholars in terms of a systematic framework for evaluating how to generate and sustain a competitive advantage for their place. While an entire academic field exists devoted to analyzing how firms and organizations can create and sustain a competitive advantage and ultimately a strong economic performance--the field of strategic management in business schools--no such analogous field exists which is devoted to guiding and informing decision makers mandated and concerned with the strategic management of their place. Everything in Its Place seeks to fill this intellectual void, explaining the underlying economic and social factors and the broad spectrum of policies and instruments that can actually influence and enhance economic performance in places. Several academic fields have generated a number of important theories, empirical findings, and case studies that shed considerable light on identifying and unraveling the underlying forces about what shapes this economic performance. Combined in this book with the actual experiences and instincts garnered from practitioners and policy makers, these insights are integrated together in into a coherent, inclusive framework to guide and inform thought leaders and scholars in the strategic management of places.

Regional integration seems to be thriving, as the examples of the Association of South East Nations (ASEAN), the North American Free Trade Area (NAFTA), and the Southern Common Market well illustrate. More ambitious schemes, such as Asian Pacific Economic Co-operation (APEC), and those for Western hemispheric integration are also underway. How do these trends for integration relate to national development strategies? The contributors to this volume provide new insights into these developments as well as assessing the prospects for further integration.

Both international trade and investment by East Asian countries have become significantly regionalized. To support this development further, efforts for regional integration have flourished in the forms of bilateral and regional free trade agreements and the ASEAN+3 and East Asia Summit processes, among many others. This book is a compilation of papers and discussions originally presented at the international symposium held during the recent global financial crisis. The symposium aimed to shed light not only on the usual economic aspect but also on other aspects of the multidimensional phenomenon called "regional integration." Thus, in this volume the authors explore the relationship between the U.S. influence and East Asian regionalism, the characteristics of East Asian integration, and the politics of inclusion/exclusion in the integration process. In addition, they point out some "missing links" in integration efforts such as cooperation in the areas of logistics, finance, trade in services, infrastructure and human resource movement. Since the global financial crisis did not deter integration efforts (rather, it has encouraged them), this book serves as a guide for future East Asian integration in terms of what to expect and what is to be done.

This book refocuses thinking on how multinational enterprises (MNEs) can achieve a sustained contribution to European transition economies as these countries move from the processes of transformation into pursuit of more sustained development. The authors apply key aspects of recent work on the strategic aims and nature of the contemporary MNE to the transition economy context, and find that the generation and application of technology has particular relevance to the success of MNEs in Central and Eastern Europe. The book is based on the results of two new wide-ranging surveys and includes a thorough review of current literature.

The integration and use of information and communication technologies (ICT) in African countries is increasingly observable in various sectors of activity (banking, education, trade, etc.) despite a digital divide still relevant. ICT has become a major sector of the recent growth of a new informal economy in African cities (Cheneau-Loquay, 2008). This question has been at the heart of various international meetings. An overall positive and even utopian momentum is generally heard about the contribution of digital technologies to the development of African states. The adoption or appropriation of digital technologies by Africans is presented in many speeches by politicians or institutions involved in the field of cooperation and international development as an important issue for the development of this continent. These different considerations give rise to reflections on the following themes. - Social Media and Public Space in Africa - Challenges of the digital economy in Africa - ICT and modernization of higher education in Africa

The book provides a comprehensive analysis of the international development policies of ten Central and Eastern European countries that joined the EU between 2004 and 2007. The contributors offer the first thorough overview of the 'new' EU member states' development cooperation programmes, placing them in a larger political and societal context.

Against the backdrop of significant developments in regional economic cooperation and integration over the past decade, this book presents some of the key challenges facing ASEAN as it embarks on a bold and ambitious project to establish an ASEAN Economic Community by 2015. Organized under the auspices of the ASEAN-Australia Development Cooperation Programs Regional Economic Policy Support Facility (AADCP-REPSF), the book brings together authoritative studies written by prominent experts and academics on issues pertaining to ASEAN economic integration.A CD-ROM containing the AADCP-REPSF Phase I Research Program comes free with the purchase of the printed copy of this book.

Inspired by the success of the Grameen Bank in providing financial assistance to the poorest of the poor, four individuals - a central banker, an appropriate-technology NGO organizer, a professor of international relations and a top-level communist official - each sought to replicate and adapt the model elsewhere in Asia. In different political and economic contexts they formed organizations which reached poor women and supplied their demand for credit, proving once and for all to the development theory doubters that replication works.;This work draws on evaluation reports prepared by the CASHPOR Network (Credit and Savings for the Hard-Core Poor), case studies and interviews. By giving an account of the problems encountered in the first years of establishing a credit programme, it seeks to alert potential microcredit practitioners to the pitfalls and obstacles likely to be encountered in setting up a programme. The book provides the opportunity to analyze the process of creating a successful credit programme and draws from the experience of these four projects some lessons in best practice.