With growing concern about the oceans and the resources of this realm has come a proliferation of international and national efforts aimed at protecting this environment. This volume constitutes the initial effort to reflect on the outcomes associated with the third Law of the Sea Conference and to assess how the reforms and changes brought on by this conference have performed.

The establishment of 200-mile Exclusive Economic Zones (EEZa (TM)s) constitutes one of the most far-reaching distributional and institutional changes in the history of the world. They brought over 20 % of the worlda (TM)s oceans, a substantial proportion of its productivity, and 90 to 95 % of world fisheries under the national jurisdiction of coastal states. At this time, 145 states have ratified the Law of the Sea Convention and most have established EEZs. Some have established only a legal framework, while other countries have elaborated EEZ regimes. This volume focuses on the specific nature of the EEZ and the construction and evolution of institutions stemming from its introduction, specifically examining developments at local, national and international levels.

The analytical core of the volume focuses on the development of institutional arrangements for the management of living marine resources, occurring at different levels of social organization, that have developed from the introduction of the EEZs. The chapters cover case studies from both the north and south, in the Pacific and the Atlantic Oceans. The case studies critically examine the impact of the EEZ regime on institutions at local, national, regional and international levels of social organization. The broad range of contributions by theauthors highlights the diversity of institutions and outcomes that have emerged from the implementation of the EEZs, providing a rich opportunity for comparative analysis. By doing so, we seek to address three broad questions:

-What is the nature of the institutions that coastal states have created within the framework provided by the EEZs?
-How has the creation of the EEZs affected the vertical interplay among institutions at different levels of social organisation (i.e., international, national, traditional and co-management regimes) and the horizontal interplay among institutions focused on different functional arenas (i.e., trade, environment and fisheries)?
-How has the development of EEZ-based regimes affected the fit of marine resource management institutions with biophysical systems?

This volume provides comprehensive updated coverage of inequality and poverty issues in China. Some of the methodologies developed herein are published for the first time and may be used in other contexts and for other countries. The use of different data sources and state-of-art research techniques ensures that the findings and conclusions can be substantiated and that the policy recommendations are reliable and robust. Contributors to this volume are renowned experts in their respective areas, including, notably, Justin Lin, Xing Meng, Kai-yuen Tsui, and Guanghua Wan. For these reasons, those with an interest in income distribution in general and China's development in particular, will find this volume essential reading.
Rapidly rising inequality in China has contributed to the sluggishness of domestic demand and emerging poverty. It has thus exerted considerable pressure for commodity exports and represents a root cause of increased trade disputes. These have profound ramifications for the US, EU, and other economies, and the international business community. Consequently, economists and sociologists, among others, are increasingly focused upon inequality and poverty issues in China and relevant policy implications.
This volume, arising from a two-year UNU-WIDER project, addresses issues that include the inequality-growth relationship, regional/personal variation in incomes and human well-being such as education, the determinants of inequality and poverty or their changes, gaps in innovation capability, and the role played by China's development strategies in affecting inequality.

The Japanese economy is beginning to show signs of recovery after years of stagnation/deflation, but many Japanese policymakers warn that this economic growth may be sluggish: slower than in the United States and certainly slower than in other East Asian countries. Japan faces significant economic problems, including an aging population, a large fiscal deficit, and the need to adjust to the IT economy and to competition with the rest of East Asia. A slow growth scenario would greatly reduce opportunities for new productive investment and would make it increasingly difficult to provide for Japan's growing social needs. The authors of this book argue that Japan can and should grow more rapidly, and examine the reasons for the sluggish performance of the Japanese economy. For example, some Japanese economic sectors, particularly in distribution and finance, have failed to take advantage of new information and communications technology to accelerate the growth of productivity, as has happened in other countries, such as the US. Production function studies and econometric model simulations suggest that with appropriate policies the Japanese economy can grow more rapidly and deal with its future problems. The book posits a number of policy proposals which would help to accelerate Japan's economic growth This book will be of interest to students of the Japanese economy, macroeconomics and international economies, and also to policymakers and professionals interested in Japan's economy.

The vision of a 'new' international division of labour, involving relocation of 'traditional' industrial activities to the Third World and specialisation in 'high-technology' industries by developed countries is an attractive one. But critics respond that this vision conceals the reality of heightened exploitation in the former and industrial and geographic decline in the latter. However, critical approaches are sometimes vitiated by economistic, functionalist and determinist arguments. Because of the potential they offer to overcome these conceptual dilemmas, French regulation theories have attracted attention among scholars from diverse disciplines. This book assesses the implications of French regulation theories for our understanding of the concept of the international division of labour. It distinguishes the Parisian approach, represented by Michel Aglietta and Alain Lipietz, from the Grenoble school. It is based on a thorough study of the French literature and on interviews with the major theorists. For English-language readers, the book offers an excellent introduction to Francophone debates in international political economy.

Ashdown analyzes some of the mainstream theories that policy makers and global leaders use as templates in understanding the international system and measures their effectiveness in explaining the policies of nation-states, particularly in regard to trade and power. Throughout, the United States is used as a case study to see how banking and central bank monetary policies affect international trade and investment.

The study examines the banking history of the United States and how the corporate consolidation process was institutionalized with the creation of the U.S. Federal Reserve System. Ashdown concludes that current policies fail to support the national interest by creating policy that allows or ignores sustained trade deficits over consecutive years. He demonstrates how institutions can affect, or even constrain, the policies of nation-states, which is then theoretically generalized in demonstrating how other global actors are shaping the post-bipolar international power structure. Of particular interest to scholars, students, and policy makers involved with economic policy, finance, and international business.

Integration of the Central and Eastern European Countries (CEECs) into the European Union (EU) has become more a question of timing than a question whether it will or should be made. Since one of the objectives of the EU is to establish a system ensuring competition in the internal market is not distorted the question arises if the CEECs can be integrated into such a competitive system. Which rules of competition are appropriate to improve the economic integration of the CEECs and to promote at the same time the enduring transition process? The relationship between competition policy and East-West integration is the general theme of the contributions in this book. One central issue of this volume is the way of integrating the Central and East European countries into the EU and supporting their development by liberalizing trade with the EU. A second issue is the implementation of a market economy in the post-socialist countries of Eastern Europe and in particular the aspect of implementing competition rules at a time when markets are just emerging. The twelve selected papers are organized in three sections: -Competition Policy and Integration (part 1); -Competition Policy During Transition (part 2); -Competition, Trade Policy and East-West-Integration (part 3).

The completion of the European Single Market Programme (SMP) and the launch of "Euroland" are bold statements on the EU and its future. Within this economic process, the particular importance of the banking and financial services sectors is widely emphasized. This collection explores the strategic impact of the Single Market Programme and European Monetary Union on European banks and banking systems. The contributors examine 11 banking systems: Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Netherlands, Portugal, Spain, and the UK. Thoroughly up-to-date and with a common thematic overview of major trends in European banking systems, this book covers key strategic developments, structural changes, performance trends, and strategies.

Modern economies become more and more open and the external sector of an economy becomes more and more important. This textbook aims at clarify ing how an open economy functions, in particular at explaining the determi nants of international fiows of commodities and financial assets. It also aims at examining the effects of these fiows on the domestic and international econ omy and the possible policy acti.ons at the national and international level. Particular attention will be paid to the problems of international economic at both the commercial and monetary level. integration Students will be able to read and interpret the balance of payments of a country, evaluating the various types of balance, to explain the behaviour of commercial fiows in the light of the theories studied, to analyze fiows of financial assets according to interest-rate differentials and other elements, to study the forces that determine exchange rates and cause currency crises, to understand the reasons behind international economic integration such as the European Union, to evaluate the effects of national and international policies."

The European Union faces a range of economic challenges and dilemmas in the coming years, both as a result of continued expansion and also because of an increasingly globalised world economy. It has been necessary for the EU to assess and explore a variety of economic policies to deal with these challenges, as well as tackling issues such as Eurozone dynamics and cohesion, labour markets, taxation and fiscal policies. By looking at economic trends in the European Economic and Monetary Union in recent years, we can begin to assess economic performance and to analyse how current issues will affect this performance in future.
This book brings together a range of economists to analyse the dual process of deepening and broadening in the EU, and provides a balanced and multifaceted look at recent EU dynamics, as well as looking at current and future issues facing old and new member states. With contributions covering numerous aspects of European economic performance, this book is an essential resource for all academics interested in European economics and EU integration.

The economic boom of the 1990s created huge wealth for the bosses, but benefited workers hardly at all. At the same time, the bosses were able to take the political initiative and even the moral high ground, while workers were often divided against each other. This new book by leading labor analyst Michael D. Yates seeks to explain how this happened, and what can be done about it.

Essential to both tasks is "naming the system"the system that ensures that those who do the work do not benefit from the wealth they produce. Yates draws on recent data to show that the growing inequalityglobally, and within the United Statesis a necessary consequence of capitalism, and not an unfortunate side-effect that can be remedied by technical measures. To defend working people against ongoing attackson their working conditions, their living standards, and their future and that of their childrenand to challenge inequality, it is necessary to understand capitalism as a system and for labor to challenge the political dominance of capitalist interests.

Naming the System examines contemporary trends in employment and unemployment, in hours of work, and in the nature of jobs. It shows how working life is being reconfigured today, and how the effects of this are masked by mainstream economic theories. It uses numerous concrete examples to relate larger theoretical issues to everyday experience of the present-day economy. And it sets out the strategic options for organized labor in the current political context, in which the U.S.-led war on terrorism threatens to eclipse the anti-globalization movement.

This text shows how the transformation of Britain's economic performance has been based on control of public expenditure, improving competitiveness, co-operative industrial relations and a large favourable contribution from inward investment. In contrast, Europe has suffered from rising unemployment, while misguided trade policies have obstructed the exploitation of the IT revolution. The book argues Europe's failures will undermine the EMU project, and Britain would do well to keep clear. The book concludes with chapters on the modern relevance of Locke on inflation, Ricardo on public debt and Condillac on the creation of competitive market economies.

This book examines the causes, consequences and policy significance of international capital movements and nations' external account imbalances. Traditional theoretical approaches to balance of payments analysis, such as the classical, elasticities, absorption, monetary and Mundell-Fleming models are critically evaluated against an extended international macroeconomic accounting framework. More meaningful capital theoretic models then link saving, investment and foreign capital movements to highlight the macroeconomic gains from international capital mobility and international trade in saving.

It is a pleasure to introduce Dr. Kusehpeta's study of the USSR banking and eredit system with some measure of enthusiasm, for the subjeet is one about which there is, as yet, not mueh literature available in the Western European languages and this study approaehes the subjeet from the view-point of sourees taken from within the Soviet Union itself. No matter how revolutionary the ehange, some ties with the past still remain and it is for this reason that the author has paid initial attention to the banking system of the Tsars and proceeds to de al with the development of the banking system sine e the Revolution of 1917. While history has made the Communist Civil War, the New Eeonomie Poliey and the Khrushehev reforms to be familiar to us, the effeets of these events on the banking and monetary system have, thus far, never been fully researched. Next, the author deals extensively with the existing banking- and eredit system. This subjeet is not easy to understand, beeause we are obliged to beeome familiar with totally different eoeepts than those governing the mixed eeonomic system of the Western World. I, personally , am struek by the sharp separation between the eurreney and the 'deposit' or 'transfer' mone y cireulation.

Since World War II the subject of social choice has grown in many and surprising ways. The impossibility theorems have suggested many directions: mathematical characterisations of voting structures satisfying various sets of conditions, the consequences of restricting choice to certain domaines, the relation to competitive equilibrium and the core, and trade-offs among the partial satisfactions of some conditions. The links with classical and modern theories of justice and, in particular, the competing ideas of rights and utilitarianism have shown the power of formal social choice analysis in illuminating the most basic philosophical arguments about the good social life. Finally, the ideals of the just society meet with the play of self interest; social choice mechanisms can lend themselves to manipulation, and the analysis of conditions under which given ideals can be realised under self interest is a political parallel to the welfare economics of the market. The contributors to these volumes focus on these issues at the forefront of current research.

The spectacular rise of the yen in the mid-1980s has unleashed a new wave of imperialism from Japan. Its origins are traced to a series of crises and rivalries between the two great capitalist powers, Japan and the USA. To escape the high yen, Japanese capital is closing down factories at home and shifting them overseas. Some are going to the advanced countries, but the book's main focus is on the search for cheap labour in Southeast Asia to make parts for Japan's two leading industries: motor vehicles and electronics.

International economic integration is perceived as one of the paramount forces shaping the modern world. Many organizations, both public and private, are trying to combine economic activities across international borders. The European Union and the North American Free Trade Area are two examples of government-managed international economic integration. Private organizations include various criminal groups as well as international churches.
International economic integration is not a recent phenomenon; its roots can be traced back to the Roman Empire. "International Economic Integration in Historical Perspective" departs from the conventional short-term analysis and takes a long-term view of the process, offering perspectives that are both detailed and diverse. Dennis M. P. McCarthy examines seven types of organizations that exemplify international economic integration, such as colonial empires, merchant associations, religious empires, criminal empires, free trade areas, customs unions and common markets. Representative examples of each type are analyzed in a comparative framework. An introduction defines key terms and concepts; a retrospective summarizes the main insights that emerge from the book. Endnotes and a detailed bibliography offer readers ways to pursue topics further.
This timely and unique book demonstrates that international economic integration is an economic and political process that also involves political economy." International Economic Integration in Historical Perspective "will prove indispensable to students and general readers who wish to gain a firm understanding of international economics and the processes that shape the world today.

Volume 7 of the EYIEL focusses on critical perspectives of international economic law. Recent protests against free trade agreements such as the Transatlantic Trade and Investment Partnership (TTIP) remind us that international economic law has always been a politically and legally contested field. This volume collects critical contributions on trade, investment, financial and other subfields of international economic law from scholars who have shaped this debate for many years. The critical contributions to this volume are challenged and sometimes rejected by commentators who have been invited to be "critical with the critics". The result is a unique collection of critical essays accompanied by alternative and competing views on some of the most fundamental topics of international economic law. In its section on regional developments, EYIEL 7 addresses recent megaregional and plurilateral trade and investment agreements and negotiations. Short insights on various aspects of the Transpacific Partnership (TPP) and its sister TTIP are complemented with comments on other developments, including the African Tripartite FTA und the negotiations on a plurilateral Trade in Services Agreement (TiSA). Further sections address recent WTO and investment case law as well as recent developments concerning the IMF, UNCTAD and the WCO. The volume closes with reviews of recent books in international economic law.

Why did France, with its strong sense of national identity, want to give up the Franc for the Euro? This book, by a former British diplomat in Paris, draws on new archive evidence to explore France's drive for European Economic and Monetary Union, and how unresolved Franco-German tensions over its design led to crisis.

After a century and a half of efforts at constructing arrangements and rules for international monetary interaction, present-day national authorities do not seem to have come much closer to achieving the aim of enduring exchange rate stability combined with a good macroeconomic performance. A distinguished group of economists and economic historians offers new insights into the working of the most important of such experiences, including nineteenth century bimetallism, the 'classical' gold standard, Bretton Woods and the European Monetary System.

Although it is still early for an established academic account of the motivations behind the dramatic events in the Arab world in 2010/11, Leila Simona Talani believes that it is about time to try and place this issue into the broader picture of the latest changes in the global political economy.

Looking at historical cross-country interactions, this book examines the role of the US in the world economy. Illustrating that US shocks tend to have a global nature and that Monetary Union only partially shelters the Euro area from its external environment, the book argues that the US should fully assume its responsibility, minimizing shock transmission.

Technology has been thought and discussed as one of the pivotal sources of economic growth. As the importance of technology and R& D, as its embodied form, being increased of its importance, a critical concern has been given on how to organize technology development. The concern is not confined to developing countries, but also extends to advanced nations due to a trait of knowledge intensive economies, which require longer and more complex linkages from knowledge to the actual production of goods and services. This book covers the issue of organizing technology development with multinational cases ranging from Korea, Japan to United States and other countries with universally applicable theories that provide possibilities for application in other countries. The other peculiarity of this book is that it presents not only what has happened in its analysis, but also tries to describe possible future trends. Changing contexts of capitalism has increased necessity to organize technology development even for advanced nations as long as they are regarded as knowledge intensive economies. Against the dynamic of longer & more complex linkages from knowledge to production, the answer from t

Part 1 Economic issues: barriers to trade talks, Lawrence W. Foster; Japanese direct investment in the US, Kiyoshi Abe; US deindustrialization and Pacific imports, David Cheng et al; international monetary policy coordination, Don Hooks; monetary and fiscal policy coordination, Kenji Komatsu; household saving rate, Mohamed Abdel-Ghany et al; development assistance, Shigeyuki Abe and Bruce Koppel. Part 2 Industrial and managerial issues: transfer of Japanese company culture, Motofusa Murayama; Japanese corporate English training, Chadwick B. Hilton; telecommunications trade friction, Meheroo Jussawalla and Barbara Ross-Pfeiffer; economic incentives and computer software, Harold See; property rights in computer software, Sumner J. La Croix; steel restructuring in Japan and the US, Trevor Bain; import liberalization and domestic beef, Yasuhiko Yuize; auto industry human resource strategies, James Cashman. Part 3 Conclusion: an overview of coordination concerns, Kiyoshi Abe et al. Appendix A: US-Japan relations in the 1990s, Charles E. Morrison. Appendix: The chibama project, Marilyn B. Emplaincourt.

Money and the Space Economy Contributor list Pietro Alessandrini Leslie Budd Gordon Clark Sheila Dow Richard T. Harrison Alan Hudson Roger Lee Colin Mason Jane Pollard David J. Porteous Barney Warf Neil Wrigley Alberto Zazzaro Money is central to understanding the space economy. Not only does money itself have its own geographies, but these in turn help to shape the geographies of economic activity more generally. Across the global economy banking systems and money markets are being restructured. A new economic geography of money and finance is emerging, reflecting, among other things, the momentous changes that are taking place in the world's financial systems, particularly the impact of globalisation, deregulation, privatisation and technological change. Money and the Space Economy brings together leading geographers and economists working on money to highlight the changing geographies of banking, the forces underpinning and threatening international financial centres, the relationship between financial systems, business and the local economy, and the financial causes and consequences of the retreat of the state. With case studies drawn from United Kingdom, Europe and the United States, Money and the Space Economy redraws the map of local, regional, national and international financial spaces. Economic Geography/Business/Finance/Social Science