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 creation of the ECU in 1979 as part of the newly established European Monetary system was greeted with widespread scepticism, few predicted the success it would have in private financial markets. The macroeconomic and microeconomic implications of the ECU and its significance for monetary integration in Europe are considered by a variety of contributors from academics to those in banking circles. Current research is examined and the theoretical and empirical aspects of the emergence of the ECU as a vehicle for European policy-making are considered to provide insights as to its future development.

During a single month in the year 2000, the following seemingly unrelated events occurred across the world. In Kosovo, Serbs and Albanians continued to evict each other from their respective homes. In China, the regulation of internal migration by the central authorities was being reconsidered as Uygur Muslims protested the reigns on their mobility. In Austria, Jorg Haider of the Freedom Party came to power advocating the repatriation of immigrants from Eastern Europe. In the United States, Alan Greenspan, chairman of the Federal Reserve, testified before Congress that it may be necessary to loosen immigration regulations to enable foreign labour to satisfy the demands of the growing US economy. These events share a common denominator, namely the movement of populations. Whether voluntary or involuntary, induced or restricted, domestic or international, large-scale population movements are a feature of the world at the turn of the new millennium.
This title focuses on one aspect of migration, namely itsethnic competition. Rather than observe population movements in general, the study is limited to the movements of specific ethnic groups. It explores the role played by ethnicity in determining which groups move and which groups stay, and contributes to the dialogue on the resolution of inter-ethnic conflict by exploring several chains in the link between harmony and disharmony.

"Greece and Turkey" is a pioneering study of two neighboring nations at different stages of economic development. Gianaris thoroughly examines dominant characteristics of each country's economy and assesses developmental trends toward closer cooperation, not only between themselves but among other nations as well. He demonstrates that their history of conflict and mutual suspicion, especially over Cyprus, is now more counterproductive than ever--inhibiting important economic and geopolitical benefits to both countries. The volume is divided into three parts, beginning with an examination of the historical context within which the two economies developed. The next section describes each country's domestic economic problems, exploring issues such as resources and productivity, sectoral resource allocation, fiscal policies, monetary policy, and inflation. The final chapters address opportunities for cooperation between Greece and Turkey, and their relations with the EEC and with other nations.

Theoretical writing on the company and company law has been dominated in recent years by economics. This collection of essays by a distinguished team of authors drawn from a variety of disciplines seeks to build on the insights of this economic analysis and broaden understanding by examining the company in a wider historical,legal, political, and sociological context. Issues discussed include the attitudes of political parties in the UK to the company, the rise of the non-executive director, institutional activism and stakeholder protection, and the evolution of the nexus of contracts theory of the company. There is also a strong comparative theme, with discussions of the political and sociological context of corporate governance in France, Germany, and Japan, together with developments at the European level.

Economics is taught in some form in the secondary schools of nations throughout the world. The subject is rarely taught in elementary schools, and while economics courses are offered in universities, the majority of students end their formal education with secondary school. Thus, the best opportunity for the economic education of the youth of a nation occurs in secondary schools. This book examines economic education at this critical level of the educational system. The teaching of economics in secondary schools varies across countries. These differences occur because of history, the structure of education, and other national factors. At the same time, there are common elements in the economic education of many countries, especially in content coverage. This contrast between the common features and the uniqueness of economic education in secondary schools of major industrial nations exemplifies the international perspective presented in this book. The international perspective is developed in the six sections of the volume. The first section discusses why nations should include economics in school curricula, and presents a framework for teaching economics that should have global appeal. Dissension and consensus on economic issues among North American and European economists are examined in the second section. The third section surveys the U.S. research literature on precollege economic education and assesses the current state of economics instruction in U.S. schools. The economics curricula and educational practices in seven other nations -- the U.K., Canada, Japan, Germany, Austria, Korea, and Australia -- are described in the fourth and fifth sections. The fifth section also presents international comparisons of economic understanding based on national testing in six of those nations. The sixth and final section explores the role of economic education in centrally planned economies, and its effects on the transition to a market economy, using Russia, Bulgaria, and China as case studies.

An understanding of price structures and their impact on trade, productivity, and other related factors will aid in formulation of price policies promoting economic growth and development. Price formulation issues are examined within the context of nonmarket and imperfect market conditions, providing insightful linking of exchange rates and domestic prices to a wide array of factors that determine economic growth. Different facets of primary commodity price formation are explored, arriving at such conclusions as the fact that the dramatic rise in oil prices during the 1970s had little to do with the Latin American debt crisis or with the world recession that followed. Some new techniques for analysis are used, and commonly used techniques in price comparison studies are discussed.

Technological Infrastructure Policy provides a systematic treatment of technological infrastructure (TI) and Technological Infrastructure Policy (TIP) which are emerging fields of interest both for academic economists and for policy makers in both advanced and developing economies. The specific topics covered include: the role of TI in economic growth and development; the nature and definition of TI; TI-components; the relationships between TI and markets; salient features of TIP. Technological Infrastructure Policy reflects the distinction made between basic and advanced TI. Basic TI involves the collective absorption of foreign technology for subsequent diffusion to domestic firms. Several chapters explicitly deal with this process with an emphasis on the supply of advisory services to small and medium enterprises. Advanced TI involves precompetitive, cooperation research and development in cutting edge technologies undertaken by consortia of firms. Several examples of advanced TIP are given. The novel integration of various conceptual and practical aspects of TI and TIP is the strong point of this book.

New Tides in the Pacific includes essays by prominent scholars from different countries examining prospects for cooperation in the Pacific basin. The volume as a whole emphasizes the gradually emerging framework of cooperation between the countries of the Pacific, and reflects the slow but steady growth of the cooperative process. Attention is also paid to the conflicting elements.

What do business organizations do? The results of business behaviour can be observed and experienced in the form of the goods that are produced. However what goes on within organizations is often hidden from the outside world. This reader enables the student to make sense of business behaviour by offering an understanding of what organizations do. The book is underpinned by a systems perspective and takes a process view of organizations. This enables it to demonstrate that any business is a number of interrelated business processes and that success is determined by the extent to which these activities add value whilst minimising cost. Specifically the book focuses on: activities through which the organization interacts with its customers including marketing and sales; how organizations process materials including purchasing and manufacturing; and forms of business organization, with a critical account of new paradigms including business process re-engineering. The book features articles by leading business gurus including Michael Porter, Philip Kotler and John Kay.

The convergence of telecommunications and broadcasting raises many questions. What form will convergence take in the future? When convergence produces new opportunities in the information, education and entertainment markets, what sort of rules of the game will be required? How will the players behave in these new markets? What policies might be needed?

This book combines both a comprehensive analytical framework and economic statistics that enable business decision makers to anticipate developing economic trends. The author blends recent and historical economic data with economic theory to provide important benchmarks or rules of thumb that give both economists and noneconomists enhanced understanding of unfolding economic data and their interrelationships. Through the matrix system, a disciplined approach is described for integrating readily available economic data into a comprehensive analysis without complex formulas. The extensive appendix of monthly key economic factors for 1978-1991 makes this an important reference source for economic and financial trend analysis.

A new and practical method for economic trend analysis is introduced that provides more advanced knowledge than available from economic newsletters. Schaeffer begins with a general description of the business cycle and the typical behavior and effect of the credit markets, commercial banks, and the Federal Reserve. Next, fourteen key economic factors regularly reported by the business press are described, such as the capacity utilization rate and yield on three-month Treasury bills. Benchmarks for each of these key economic factors are set forth, together with an insightful discussion of the interrelationships indicating economic trends. A detailed discussion of the 1978-1991 American economy, incorporating monthly data from the historical matrix, demonstrates the practical application of the matrix system. Executives, investors, financial officers, and government policymakers will find this book useful in decision making.

'Business Economics: Theory and Application' is an undaunting and accessible text that focuses on the real world of business and how this relates to economics.
The links to business are far more intrinsic that in other business economics textbooks where a business "flavour" is simply added to traditional economics theory. It provides an in-depth jargon-free analysis, particularly relevant for one semester courses. A variety of case studies and questions are used throughout the text both to illustrate key points and for seminar and assignment work. Diagrams are included to aid the explanation of complex issues, and review and discussion questions are incorporated to consolidate and expand on the learning. A lecturer's supplement accompanies the text.
Accessible and undaunting approach for students with very little prior knowledge of the subject
Includes economic theory which is used to explore and analyse business issues and application of this theory through international case studies
Demonstrates the links between economics, strategy and marketing

This textbook provides an important and fresh approach to the understanding of microeconomic policy. Microeconomic Policy links principles to settings and shows how theory compliments policy and vice-versa. By linking theory to policies and application, this text will enable students to acquire proficiency and recognise balance in policy analysis and preparation. It contains comprehensive coverage of a broad range of policy areas including:
* competition and technology policy
* information and governance policy
* industrial and environmental policy
* social and income policy
* public sector failure and reform.


eBook available with sample pages: HB:0415236002

This text is directed at researchers, decision makers and students who are interested in the wider economic development impacts of transport.

List of Participants - Acknowledgements - Foreword; D.Crabtree - SESSION 1 - Introduction; J.J.Hughes - Keynes, Economic Development and the Developing Countries; A.P.Thirlwall - Some Reflections by a Keynesian Economist on the Problems of Developing Countries; W.B.Reddaway - Discussant; H.Singer - What Keynes and Keynesianism Can Teach Us about Less Developed Countries; H.Singer - SESSION 2 - Introduction; M.J.C.Vile - Bancor and the Developing Countries: How Much Difference Would it Have Made? J.Williamson - Discussant; G.Bird - Introduction; M.J.C.Vile - International Keynesianism: The Problem of the North-South Divide; E.Heath - Discussant; I.M.D.Little - Discussion - Index

This book focuses on the empirical analysis of productivity in services at the firm level. Productivity studies are still scarce in services, especially in view of the major role of the services sector in modern developed economies and the increasing concern about its performance. The services industries studied in this volume are quite diverse, with a strong representation of financial services. All analyses are performed on the microlevel, being based on cross-sectional or panel data for samples of firms of widely varying sizes. They focus on a variety of topics ranging from comparing the efficiency of different categories of service firms or exploring the impact of mergers and deregulation on productivity performance to assessing the magnitude of returns to scale and scope or investigating the properties of different parametric or nonparametric methods to estimate cost and production functions. Perhaps the most valuable feature of all these studies is the authors' care and ingenuity in putting the data together, measuring variables and extracting relevant information. After reading the book, one is inclined to consider that services may not be all that different from goods.

This book uses a unique survey of manufacturing firms in Zimbabwe to analyze firm-level responses to economic liberalization. The focus on labor and financial markets, investment behaviour, the determinants of entrepreneurship, productivity growth and efficiency, export performance, firm growth, and resource shifts between different manufacturing activities. Understanding these determinants is crucial to evaluating the success or failure of structural adjustment.

The fourteen papers presented in this volume are thought-provoking studies of the economic adjustment of Latin America to the difficult external environment of the 1980s. The anthology evolved out of a group of papers presented at the Third Dominican Republic Conference on International Debt and Adjustment in 1986. A number of the papers were updated and are presented here along with new ones written especially for this collection. The debt problems of Latin America form the background for the analyses undertaken by the articles in the book. The articles go beyond description of the debt problems to offer insights on the more fundamental long-range problems facing policy makers in the region. Positive analyses into the nature of the adjustment process and insights into future institutional changes that could improve the functioning of the Latin American economies highlight the book.

The papers are divided into major topics of concern. The transmission of external shocks to the region and instability to the financial markets are covered. Fiscal constraints, labor market adjustment, exchange rates, and the political economy of adjustment as each relates to the external shocks of the 1980s are investigated. A major essay by Montague Lord shows Latin American potential to reap substantial gains by pursuing policies to encourage expansion of its resource-based comparative-advantage activities. The essays in "Latin American Debt and Adjustment" provide a starting point for the consideration of some of the deeper problems that need to be addressed by any meaningful attempt to improve the market-oriented economies of the region.

This research review, written by two pioneers of e-commerce, discusses thirty of the most important papers written in the fields of economics, marketing and strategy. Topics covered include evaluation of the benefit to consumers of competition and product variety online, examination of auctions and reputational feedback mechanisms designed to mitigate informational asymmetries in online markets, and the debate on digital property rights including privacy, piracy and the open source movement. The review provides a thoughtful and accessible consideration of the subject of e-commerce, invaluable to scholars and practitioners alike.