Drawing on behavioural, experimental and neoclassical economics, this volume brings together eminent academics and practitioners to provide working macroeconomic models and explore the social norms governing a post-crisis financial world.

The book is the first pioneering study to assess the impacts of the megaconferences on water policies, programmes and projects at global, regional and national levels. The results are bleak. The evaluation indicated that except for the UN Water Conference, held in Argentina in 1977, the impacts of the subsequent megaconferences have been at best marginal in terms of knowledge generation and synthesis, poverty alleviation, and/or environmental conservation.

We are now witness to the waning years of the 1900s. Soon, we shall embark upon a bold journey into the uncharted territory of the twenty-first of various persuasions have speculated as to what the century. Futurists oncoming decades might bestow upon us. Not surprising, most predictions are closely tied to advances in technology, especially in astrophysiCS, biochemistry, electronics, and genetics. But what about the economic system? Whatever happens, forces have undoubtedly already been set in motion which will mold (or remold) the structure and character of American capitalism. American capitalism has been, is, and will undoubtedly continue to be a system in transition. Technology perennially changes, albeit at a faster or slower pace sometimes than others, and society's institutions continually adjust to these technological changes. Such adjustments alter the character of our politico-economic system when statutes are enacted, court decisions rendered, administrative agency rules promulgated, and cultural mores realigned to supplant old ones. Other adaptations are brought about when small-group collective action is successful in causing a special status of privilege to be conferred on some members of society, but restrictions to be levied on others.

The European M:: metary System (EMS) is perhaps the only success story of the Common Market since the First Enlargement. Its success, particul arly where the comnercial use of the ECU is concerned, has taken rrost experts by surprise. So much so, that when the author tried to recommend to his students a suitable and substantial work of study and/or reference about the experience of the EMS and its possible future evolution --- no book could be found. Thus, the author set out to write the present work. The author's aim is not to give a historical account of the EHS. Rather, the intention is to place the experience in a major historical context wherein the System is seen an important transitional phase on the road to the implementation of a full economic and rronetary union (EMU) When examining the earlier plans for an EMU which saw the light of day between 1969 and 1970 (already so long ago ) clear reasons emerge why the original six founder Member States of the EEC should have found it logical to embark upon the road to an El'1U - "p=vided the political will to do so existed." Thus, they had become highly integrated and were conducting half their trade with each other. Then, there was the desire to integrate still further ---- eventually leading (perhaps) to a political union."

Re-visiting Tikopia a decade after his first visit, Raymond Firth here examines what impact the forces of modernization had on Tikopia society with regard to economics, law, politics and social affairs. Suffering a famine whilst there, the author also examined the issues of responsibility for the famine; problems of distribution in ceremonial and ritual; institutional developments from the famine. Originally published in 1959.

This book on Classical micro- and macrodynamics includes revised versions of papers which were written between 1983 and 2000, some jointly with co-authors, and it supplements them with recent work on the issues which are raised and treated in them. It attempts to demonstrate to the reader that themes of Classical economics, in particular in the tradition of Smith, Ricardo and Marx, can be synthesized into a coherent whole, from the perspective of formal model building. This is accomplished by means of mathematical techniques which, on the one hand, provide a consistent accounting framework (labor values and prices of p- duction) as point of reference for Classical micro- and macro-dynamics and which, on the other hand, attempt to apply these accounting schemes - or suitable ext- sions of them - by showing their usefulness as tools of analysis of the implications of technological change (labor values) and as potential tools for understanding the dynamics of market prices and of income distribution around their centers of gravity (production prices and the wage-pro't curve).

Gini's mean difference (GMD) was first introduced by Corrado Gini in 1912 as an alternative measure of variability. GMD and the parameters which are derived from it (such as the Gini coefficient or the concentration ratio) have been in use in the area of income distribution for almost a century. In practice, the use of GMD as a measure of variability is justified whenever the investigator is not ready to impose, without questioning, the convenient world of normality. This makes the GMD of critical importance in the complex research of statisticians, economists, econometricians, and policy makers. This book focuses on imitating analyses that are based on variance by replacing variance with the GMD and its variants. In this way, the text showcases how almost everything that can be done with the variance as a measure of variability, can be replicated by using Gini. Beyond this, there are marked benefits to utilizing Gini as opposed to other methods. One of the advantages of using Gini methodology is that it provides a unified system that enables the user to learn about various aspects of the underlying distribution. It also provides a systematic method and a unified terminology. Using Gini methodology can reduce the risk of imposing assumptions that are not supported by the data on the model. With these benefits in mind the text uses the covariance-based approach, though applications to other approaches are mentioned as well.

This book provides a set of critical perspectives on the economic crises of 2000-1 focusing on both the origins and consequences of the crises. Attention is drawn to the role of domestic actors as well as key external actors such as the International Monetary Fund in precipitating the twin crises.
A major objective of the book is to assess the prospects for the future and the authors try to tackle the challenging of whether the twin crises constitute a radical turning point in the Turkish experiment with neo-liberal reforms question from a variety of different perspectives.

Macroeconomics is widely praised for its ability to present theory as a way of evaluating key macro questions, such as why some countries are rich and others are poor. Students have a natural interest in what is happening today and what will happen in the near future. Macroeconomics capitalizes on their interest by beginning with business cycles and monetary-fiscal policy in both closed and open economy. After that, Gordon presents a unique dynamic analysis of demand and supply shocks as causes of inflation and unemployment, followed by a dual approach to economic growth in which theory and real-world examples are used to compare rich and poor countries.

This volume contains classic essays on economic policy written by one of its great exponents. The opening essay traces the author's evolving structures of thought about economics and the policy proposals that came from them over this period. Section 2 contains essays that set the background to the policy recommendations. In section 3 the role of investment incentives is analyzed. Section 4 is concerned with the influence of accounting conventions on private decision-making and government policy in both capitalist and planned economies. Section 5 contains a number of package deals, all designed to fit within the constraint of the philosophy of governments in power. The last section, general essays, ranges from a scheme for the payment of prisoners to the celebration of the views on policy of great economists, from Colin Clark, through Nicky Kaldor to John Cornwall.

Discussing the process of economic development in Japan, this book covers the period from when Japan first entered upon her career of Westernization to the beginning of the war with China in 1937. The main emphasis is on industrial and financial development and organization and on economic policy. Among the industries discussed are agriculture, textiles, steel and shipping. A comprehensive glossary and bibliography are included and much of the statistical information is tabulated for ease of reading.

Keynesian Economics provides a wide-ranging critical examination of the presuppositions and procedures of Keynesian analysis. The result is both a clear guide to modern macro-economic theory and policy and a revealing exercise in the recent history of ideas - ideas which are highly contentious and still deeply influential. "(Alan) Coddington made several substantive contributions to the understanding of Keynesian economics which established his fame not merely in the UK but in major centres of economics around the world." The Times

The papers in this volume cover the following areas: Government and Industry, the Managed Economy, Monetary Policy, Fiscal Policy, Economic Forecasting and Economic Planning, and Economists in Government.

The main aim of this book is to develop and implement an innovative tool: exchange-entitlement mapping, or E-mapping for short. This tool enables us to look at the economic and social opportunities to develop human capabilities for different groups of individuals, depending on their group identity such as age, ethnicity or gender. In the context of this book, however, an entitlement approach is used to explain the channels through which macroeconomic shocks affect individual well-being, depending on the individual's identity and related social norms attached to this identity. In other words, by including capabilities into the existing E-mapping theory, this book shows how capabilities are socially shaped according to individual entitlements, and related entitlement failure, to a specific economic and social environment. In effect, the last part of the manuscript illustrates the E-mapping theory with the case study of the maquiladora identity in Mexico by combining an original survey of maquiladora households with an advanced time series analysis of the gender wage gap in the maquiladora industry in the post-NAFTA period.

Contents:
Preface

Part I: The Problems of Developed Economies
1. Inflation in the Postwar American Economy
2. Professor Hansen on America's Economic Revolution
3. Governor Rockefeller on America's Economic Growth
4. The 'Principia Ethica' of an Affluent Society

Part II: Problems of Developing Economies
5. A Linear Programming Model of Growth without Austerity
APPENDIX: Japan's credit-supported Growth and Linear Programming
6. The 'Takeoff' Path of an Underdeveloped Economy
7. Mixed Economic Statecraft and Democratic Safeguards
8. Achieving and Diffusing Economic Affluence

Part III: International Prosperity And Progress
9. The International Compatibility of Growth and Trade
10. The Agenda for International Equilibrium
11. Towards a World Economic Government
Towards a Democracy of Nations

John Grieve Smith traces the origins of postwar full employment policies in the experience of the interwar years and the work of Keynes and Beveridge. He reviews the successful achievement of full employment after the war and its subsequent abandonment as the Keynesian consensus gave way to the new, monetarist-inspired, orthodoxy. The book puts forward alternative proposals for expansionary policies, and for international financial reform. It is written throughout in terms accessible to both the layperson and the expert.

Peterson, Albaum, and Kozmetsky have systematically and formally documented here the American public's understanding of, attitudes toward, and perceptions regarding capitalism in the 1980s, and in so doing, have provided the first book to focus expressly on capitalism through empirical survey research. This work is based on a decade of empirical investigations and attempts to provide an accurate perspective that is devoid of the authors' personal views.

The data for the studies reported in the book were derived from questionnaires administered to more than 10,000 individuals--comprising national samples of the general public, newspaper editors, and college students. Information was collected by telephone or mail interviews, and participants were queried about various facets of capitalism. In analyzing the data, the authors have integrated disparate research to provide a comprehensive portrait of the public's view of capitalism at the beginning and the end of the 1980s. Following an introductory chapter, the presentation of their findings falls into four primary subject areas: defining capitalism, attitudes toward capitalism, perceptions of capitalism and business, and changes in attitudes toward capitalism. A final chapter summarizes the conclusions. In identifying a heretofore unknown public mind-set, this study will be a valuable reference tool for courses and professionals in corporate communications, management, and business and government, as well as an important addition to public and academic libraries.

This text addresses the concerns of human rights in developing nations, reviews research, and suggests solutions for the problems. It is divided into three parts. The first section of the book presents an overview, in terms of the history of political terror in the developing world in the years 1980-1991 and also in examining the very term "human rights." The papers in Part II present different ways of looking at, conceptualizing and measuring human rights policies, practices or conditions. This is followed by an assessment of exactly why there are differences in human rights policies, practices and conditions in developing countries. The final chapter in this section reports the results of a study showing that good human rights practices in developing countries are promoted by the presence of democratic institutions.

Divided into four parts, this text is structured as follows. Part One examines the extent to which the inequality of incomes is guided by ethical principles, Part Two illustrates the growth of the theory of distribution in the hands of successive generations of economists, Part Three develops the theory on the subject of the division of income between categories, and Part Four looks at the division of income between people and the causes of that inequality, paying particular attention to the factor of inherited wealth.

Considering Britain's physical capital, this book examines the distribution of investment between industries and between industry on the one hand and social and administrative purposes on the other. The Sterling Area is also examined, from the point of view of the UK and the rest of the world. The gold value of the dollar and the relationship of the US to the world economy are also discussed. All of these economic questions are placed in their appropriate historical perspective.

Never before has anyone packed so much helpful information into one book for the time starved reader. Written by a veteran financial services executive and thought leader, Bite size advice is an indispensable tool for those wanting to increase their political, economic, social and technological literacy. Written in clear and concise language, it demystifies the key issues impacting our day-to-day lives and delivers invaluable advice in bite size chunks. Now you can find out everything you wanted to know about almost everything. WHAT are the pitfalls of over regulation? WHERE is disruptive technology taking us? WHEN does inequality become excessive? WHY is globalisation good for us? HOW is money created? WHO controls the economy? Bite size advice is a business book, an educational book and a general knowledge book. It is for anyone who wants to understand how the world works. Each chapter is faced-paced and provides great conversation starters. Bite size advice is poised to become the go-to resource for young and old alike.

Rewarding is Campagna's broad-sweep analysis of US macroeconomic policy under the several political regimes since WW I, evaluating whether these policies were justified, successful, and rational. Impressive historical scholarship brings alive the views and personalities of the times and provides immense detail concerning economic settings and problems of each period. Choice This book examines the various economic problems of the past 70 years and critically evaluates what has been done to solve them. Claiming that previous macroeconomic policies have not been successful largely because of political problems, the book presents a cogent argument for the need for new institutions to conduct rational policies in the future.

The author provides a clear portrait of the dramatic transformation of the global financial system in the late 20th century. Drawing on work by a prestigious and interdisciplinary set of specialists, this volume looks at the political economy of individual sectors of the financial services industry, at regional market patterns such as the EU and NAFTA, and at individual countries from the Asian NICs to Europe and the United States. The book captures the complexity and dynamics of a sector with vital implications for the future of global economic development.

John Mills provides a critical survey of the way economics has developed. He argues that the main goal of economics ought to be to show how to achieve a combination of economic growth, full employment, low inflation, avoidance of extreme poverty, and sustainability. That it has failed to do so is neither inevitable nor accidental. It has failed because of a combination of intellectual error and the effects of social and political pressure, which Mills claims could and should have been avoided.

The breakup of the USSR created a Central Asian security complex or sphere of influence consisting of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Since the disintegration of the Soviet Union, this security complex has tended to distance itself from a Russian-centered approach to foreign relations, has rejected involvement with a Turkey-oriented sphere of influence, and has shifted toward an Iran-oriented security complex. A major reason for these developments has been the activities of the three rival powers-Iran, Turkey, and Russia. As Peimani explains, these states have strong long-term interests in the region; earlier rivalries, which were dormant under Soviet rule, have reawakened since the breakup of the USSR. While Russia attempts to reincorporate Central Asia into its security complex, Iran and Turkey seek to include it in their spheres of influence. The rivalry among these states will largely determine the future development of the region and the individual states.