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Books > Business & Economics > Economics > International economics > General

Black Africa 1945-1980 - Economic Decolonization and Arrested Development (Hardcover): D. K Fieldhouse Black Africa 1945-1980 - Economic Decolonization and Arrested Development (Hardcover)
D. K Fieldhouse
R4,363 Discovery Miles 43 630 Ships in 10 - 15 working days

In what ways did economic considerations affect the decision by Britain and France to make their Black African colonies independent? Why were early expectations that independence would lead to rapid and sustained economic development in Africa for the most part disappointed? This title, originally published in 1986, seeks to tackle these two important and strongly debated issues. The main aim and value of the book is to take a broad view of this huge subject, pulling together material on most parts of Black Africa south of the Sahara and north of the Limpopo so that the problem can be seen as a whole. It takes account of a wide range of possible and actual factors which have influenced African economic development, weaving them into a single analysis, including the colonial inheritance, the impact of the fluctuating international economy, policies adopted by African governments and indigenous factors such as climate, drought and human resources. The book is written to be understood without difficulty by non-specialists and is intended to act as an introduction to its subject for university students.

A Theory of Economic Integration for Developing Countries - Illustrated by Caribbean Countries (Hardcover): Fuat Andic, Suphan... A Theory of Economic Integration for Developing Countries - Illustrated by Caribbean Countries (Hardcover)
Fuat Andic, Suphan Andic, Douglas Dosser
R2,656 Discovery Miles 26 560 Ships in 10 - 15 working days

First published in 1971, this is a study of the application of the economic theory of integration in developing countries attempts to assess the development of common markets and free trade areas in the contemporary developing world. The book synthesises various revisions of the old theory of the customs union, tackling the process of elaborating an appropriate theory for developing countries. The reissue will be of interest to those concerned with International Trade and Development Economics, as well as those interested in the development of the Caribbean region.

Economic Integration in Africa (Hardcover): Peter Robson Economic Integration in Africa (Hardcover)
Peter Robson
R1,265 Discovery Miles 12 650 Ships in 10 - 15 working days

First published in 1968, this reissue is a study of contemporary international economic policy, with particular emphasis upon economic integration as a means of bringing about a faster rate of economic progress and of helping to overcome poverty. Peter Robson's book is a study of the rationale of common markets and other forms of economic integration among African states and of their operation in practice. The book will be of great value to those concerned with administering or assessing integration schemes in Africa and indeed in less developed areas throughout the world. In addition, it is an important contribution to the field of development economics.

US Foreign Policy in a Challenging World - Building Order on Shifting Foundations (Hardcover, 1st ed. 2018): Marco Clementi,... US Foreign Policy in a Challenging World - Building Order on Shifting Foundations (Hardcover, 1st ed. 2018)
Marco Clementi, Matteo Dian, Barbara Pisciotta
R4,821 Discovery Miles 48 210 Ships in 10 - 15 working days

This book examines how the US is dealing with the challenge of reconciling its global interests with regional dynamics and how it is able to produce and sustain order at the system level and within regional subsystems. The book comprises four parts, the first of which addresses global issues such as nonproliferation, trade, and freedom of the seas. US policies in these areas are carefully analyzed, considering whether and how they have been differently implemented at the regional level. The remaining parts of the book focus on the US posture toward specific regions: Europe, the Middle East, and East Asia. The policies adopted by the US to confront the most relevant challenges in each region are identified, and the ways in which policies in a specific region influence or are influenced by challenges in another region are explored. The book is a rich source of knowledge on the nature of the balance that the US has pursued between global and regional interests. It will be of much interest to scholars, to practitioners, to postgraduate/PhD students of international relations theory and American foreign policy, and to all with an interest in the ability of the US to produce international order.

International Finance and Latin America (Hardcover): Stephany Griffith-Jones International Finance and Latin America (Hardcover)
Stephany Griffith-Jones
R4,202 Discovery Miles 42 020 Ships in 10 - 15 working days

This reissue, initially published in 1984, examines the evolution of international financial flows to Latin America since 1945, along with their implications for National Development . The book describes how, in each of the first three decades since the war, a new agency emerged (foreign investors in the 1950s, official aid agencies in the 1960s and multinational banks in the 1970s) which was willing to play a dynamic role in generating new financial flows to the region. The lack of such an agent in the 1980s, combined with a reluctance on the part of former investors to maintain their level of assistance culminated in an economic debt crisis in Latin America which this work seeks to address, asking the crucial question: what measures should be taken -- both nationally and internationally -- to deal with this critical issue, in a way that will both encourage Latin American Development and avoid a major international financial crisis?

Redesigning Asian Business - In the Aftermath of Crisis (Hardcover): Frank Richter Redesigning Asian Business - In the Aftermath of Crisis (Hardcover)
Frank Richter
R2,555 Discovery Miles 25 550 Ships in 18 - 22 working days

With much of the "Asian Miracle" destroyed and much of the Western world's awe for Asian ways of management dissipated, organizations there are changing with such speed that most of our knowledge about them is quickly outdated. Richter takes stock of East Asian management practices, as they are perceived so far, and he discusses the strategies that others propose to help Asian management redesign itself for the future--including a long-term agenda for change based on the cultural heritage of Confucianism. He analyzes the cultural underpinnings of Asian management practices, evaluates the influence of the Asian economic crisis on them, and discusses their potential for guiding Asian firms to a sustainable competitive advantage. He then provides examples of how Asian firms shape up their organizations and describes a short-term agenda to fix the weaknesses in Asian management, at least temporarily. Throughout, Richter avoids talk about "strategic management" as merely a theory: he adopts a broader definition that includes a value system to guide East Asian firms as they re-emerge and redevelop. The result is a challenging, intensely pragmatic analysis for decision-makers at all levels, in all countries and cultures, and it is a new stone in the foundation of academic research and thought. Richter opens with a discussion of the legacy of Confucianism and its impact on Asian management practices. He then proposes three intrinsic characteristics of Asian management: networks, trust, and collectivism. He gives a history of the Asian economic crisis, highlighting the failures of Asia's economic development and the flaws that appeared in its management practices. The third section of the bookevaluates management practices that have emerged since then, and how they are perceived so far. Then, in the concluding section, he presents a new perspective on Asian management, short-term goals (fixing current management weaknesses), and long-term goals (incorporating its long abiding strengths). Throughout, Richter draws on the management theory enunciated by Hofstede and includes examples and case studies of recent developments across the region, and he also includes his own theories as well as those of others. Mr. Richter's book will be a welcome addition to the literature on business and the culture of Asia.

The Economics of UN Peacekeeping (Hardcover): Nadege Sheehan The Economics of UN Peacekeeping (Hardcover)
Nadege Sheehan
R4,657 Discovery Miles 46 570 Ships in 10 - 15 working days

Peacekeeping is a security concept that is very representative of the current interventionism, multilateralism, human rights, and humanitarian ideas. UN peacekeeping plays an important role in international security and includes various activities that go beyond the original roles assigned to UN armed forces (e.g. humanitarian aid, election supervision, disarmament, mine clearance, civilian protection, and peacebuilding). The problem is to define the economic efficiency of these operations and to develop some recommendations in the context of an economic globalization process. Although UN peacekeeping has shortcomings, it must be considered essential for organizing and defending the world politico-economic order. UN peacekeeping is a political activity, but its production strongly depends on nations' economic considerations. Governments make political decisions that also take into account the economic gains they expect to obtain from their contribution to any specific mission. With low means and inadequate strategies to meet the challenges, UN peacekeeping must pay particular attention to resolving the problems of free riding and of prisoner's dilemma in contributions that delay deployments and create significant financial problems. Understanding how peacekeeping can be most cost-effectively carried out, while considering the importance of legitimacy in interventions, is essential. This book believes that regional organizations can ease the UN's financial responsibility by managing conflicts in their regions. But, to be most effective, they must involve the UN in their interventions. This book also emphasizes UN peacekeeping trust funds as the key to better financial effectiveness. It strongly recommends that NATO be empowered by the UN with the role of global peace police, and proposes the establishment of a UN high-ranking team of international specialists in peacekeeping issues. This research should be of interest to students and researchers looking at international and political economics, as well as international relations, defence, security and peace studies.

Made in Japan (Hardcover): Guenther Stein Made in Japan (Hardcover)
Guenther Stein
R4,360 Discovery Miles 43 600 Ships in 10 - 15 working days

This volume concentrates on the effect of Japanese trade competition on the UK and Europe, it also provides an illuminating picture of political, social and military conditions in Japan in the early twentieth century.

Japan's Economic Aid - Policy Making and Politics (Hardcover): Alan Rix Japan's Economic Aid - Policy Making and Politics (Hardcover)
Alan Rix
R4,366 Discovery Miles 43 660 Ships in 10 - 15 working days

Japan's arrival since World War Two as a major industrial nation has meant that she has had to bear a greater share of the developed world's contribution to the developing nations and foreign aid has become an integral part of foreign policy. This book describes the roots of Japan's aid policy and shows that this side of her international economic policy is based largely on domestic conditions, structures and forces. To understand the pattern of Japanese aid as it stands today, it is important to appreciate the complexities of the Japanese decision-making process. This book clearly explains the patterns of Japanese aid policy-making.

Japanese Participation in British Industry (Hardcover): John Dunning Japanese Participation in British Industry (Hardcover)
John Dunning
R4,496 Discovery Miles 44 960 Ships in 10 - 15 working days

Japanese participation in British industry has increased greatly in recent years. While the new investment is welcomed for the jobs it helps create and the injection of new technology and managerial techniques, many people are fearful lest this increased participation should lead to loss of control of British industry by British nationals and adversely affect British competitors and their struggle for global markets. These concerns are made worse by lack of knowledge about just how extensive Japanese managerial participation in British industry is and about how Japanese practices differ. This book, based on extensive original research, answers these and related questions. It is the first detailed study of the extent of Japanese participation in British industry, and of its economic impact in a number of key areas.

Origins of the War in the East (Hardcover): Aron Shai Origins of the War in the East (Hardcover)
Aron Shai
R4,362 Discovery Miles 43 620 Ships in 10 - 15 working days

This study describes the British government's policy towards China during the first phases of the undeclared Sino-Japanese war, starting in July 1937 when the conflict in North China culminated in all-out hostilities; and ending in September 1939 when the outbreak of the war over Poland forced the British government to turn almost all its attention to Europe. The dilemmas confronting British policy-makers in the Far East are analysed together with the implementation of their subsequent solutions. Attention is focused on the question of British interests in China and on the decisive factors and considerations which determined British policy and Britain's role in the Sino-Japanese war. Questions concerning the safety of the British subjects and the commercial community in China and their influence on the decision making process, the attitude towards Soviet influence in China and prospects of Communist take-over are also discussed. In the final analysis the book examines the widely debated subject of appeasement in its Asian context. It is argued that Britain pursued a policy towards Japan which gained strength without producing a Far Eastern Munich

Regional Convergence in the European Union - Facts, Prospects and Policies (Hardcover, 2002 ed.): Juan R. Cuadrado-Roura, Marti... Regional Convergence in the European Union - Facts, Prospects and Policies (Hardcover, 2002 ed.)
Juan R. Cuadrado-Roura, Marti Parellada
R4,212 Discovery Miles 42 120 Ships in 18 - 22 working days

Why are some regions in the European Union 'winners'of economic integration? And why are others 'losers'? This book explores these important questions and examines the relationship between economic integration, regional convergence, and divergence. In doing so it gives an overview of the most recent evolution of regional disparities in the EU. Central and peripheral regions are analysed as well as those in a re-conversion economic process. The authors address the question of whether regions tend to converge or not from different points of view. They particularly assess the impact of the Monetary Union on regional economies from theoretical and empirical approaches. Other important aspects covered include: the European regional policy, the effects of structural funds and the reforms needed. No doubt, this is an excellent book for anybody interested in learning more about regional trends and prospects in an increasingly integrated world.

Labor Migration, EU Enlargement, and the Great Recession (Hardcover, 1st ed. 2016): Martin Kahanec, Klaus F. Zimmermann Labor Migration, EU Enlargement, and the Great Recession (Hardcover, 1st ed. 2016)
Martin Kahanec, Klaus F. Zimmermann
R4,890 Discovery Miles 48 900 Ships in 10 - 15 working days

This volume extends and deepens our knowledge about cross-border mobility and its role in an enlarged EU. More specifically, its main purpose is to enlighten the growing and yet rather uninformed debate about the role of post-enlargement migration for economic adjustment in the crisis-stricken labor markets of the Eurozone and the EU as a whole. The book addresses the political economy aspects of post-enlargement migration, including its broader political contexts, redistributive impacts, but also nationalization of the enlargement agenda. It also covers the experience of receiving and sending countries with post-enlargement migration and its role during the current crisis. Renowned experts in the field study, whether and how post-enlargement mobility has enabled the EU to absorb asymmetric economic shocks, how it has affected the European welfare systems, and whether it has contributed to the sustainability of the Eurozone. The authors also evaluate brain circulation as a sought-after vehicle of improved allocative efficiency of EU labor markets and propose a policy agenda for mobility in an enlarged EU.

Chinese Big Business and the Wealth of Asian Nations (Hardcover, New): R. Brown Chinese Big Business and the Wealth of Asian Nations (Hardcover, New)
R. Brown
R2,677 Discovery Miles 26 770 Ships in 18 - 22 working days

"Chinese Big Business and the Wealth of Asian Nations" examines the crucial contribution of Chinese business groups to the rapid growth of South-East Asia. This study examines major Chinese firms and their increasingly important networks in this era of regional interdependence and internationalization of production processes. It draws upon unprecedented empirical detail relating to Chinese firms, their growth patterns, joint ventures with foreign capital, and responses to technological change and competition and contributes to debates on economic networks, the economics of trus, and relations between business and the state in the global economy.

The United States and Iran - Sanctions, Wars and the Policy of Dual Containment (Paperback): Sasan Fayazmanesh The United States and Iran - Sanctions, Wars and the Policy of Dual Containment (Paperback)
Sasan Fayazmanesh
R1,415 Discovery Miles 14 150 Ships in 10 - 15 working days

When and why did the United States policy of containment of Iran come about? How did it evolve? Where is it going? Much has been said about the US policy of dual containment, particularly as it pertains to Iraq. However, there has been little in-depth analysis of this policy when it comes to Iran. Sasan Fayazmanesh explores this often neglected subject by analyzing the history of this policy. The analysis includes the role that the Carter and Reagan Administrations played in the Iran-Iraq war, the numerous sanctions imposed on Iran by the Clinton Administration and the aggressive and confrontational policy toward Iran adopted by the George W. Bush Administration after the events of September 11, 2001. This topical read synthesises a range of primary sources, including firsthand reports, newspaper articles and electronic media, and presents a coherent analysis of the ebbs and flows in the US thinking on Iran and Iraq.

Marxism and the Global Financial Crisis (Hardcover): Hillel Ticktin Marxism and the Global Financial Crisis (Hardcover)
Hillel Ticktin
R4,209 Discovery Miles 42 090 Ships in 10 - 15 working days

The book discusses the nature of Marxist theory of crisis and applies it to the global financial crisis which began in 2007. Is the contemporary crisis simply the usual periodic upturn and downturn or is there something more fundamental? Is there a structural crisis of capitalism, from which there is no immediate solution? Is capitalism managed and does it have a strategy? Is the financial crisis representative of a failure in capitalism itself to subject banks and other financial institutions to the overall economy? The book discusses Marx's view on crises, as well as ideas on money and finance. It considers the different modern Marxist ideas on the causes of crises -- falling rate of profit, disproportionality and underconsumption. It goes into detail as to the nature of the present crisis, its course and causes in a spirited and independent manner. Apart from the United States, it considers the situation in the two countries, in which protests erupted: Iran and Greece. They are taken as examples of the effect of the crisis on the country, the society and the economy as well as its politics. This book was originally published as a special issue of Critique.

Transitional Economies - Banking, Finance, Institutions (Hardcover, New title): Y Kalyuzhnova, M. Taylor Transitional Economies - Banking, Finance, Institutions (Hardcover, New title)
Y Kalyuzhnova, M. Taylor
R2,661 Discovery Miles 26 610 Ships in 18 - 22 working days

The financial integration of the countries of Central and Eastern Europe and the Commonwealth of Independent States was arguably one of the most profound changes experienced by the world economy in the 1990s. This book examines these countries in reforming their financial systems in the fist decade of transition. Through case studies as well as more thematic approaches contributors deal with crucial elements of building a market based financial system, the transformation of the banking sector, and non-bank reform and regulation of financial markets. They emphasize the importance of institution-building to the process of financial sector transformation and highlight the lessons to be learned from transitional financial experiences.

In Praise of Empires - Globalization and Order (Hardcover): D. Lal In Praise of Empires - Globalization and Order (Hardcover)
D. Lal
R2,001 Discovery Miles 20 010 Ships in 18 - 22 working days

In this timely and controversial book, economist Deepak Lal explores the twin themes of empires and globalization and discusses the place of the US in the current world order. In Praise of Empires argues that not since the fall of the Roman empire has there been a potential imperial power like the United States today, and asks the question: Is a US impirium needed for the globalization which breeds prosperity? What form should this empire take - a direct 'colonial' or 'indirect' empire? Will America be able and willing to run an empire? Lal explores the Islamic threat to the position of the US and the current 'war on terror'.

Environmental Economics and the International Economy (Hardcover, 2002 ed.): Laura Marsiliani, Michael Rauscher, Cees Withagen Environmental Economics and the International Economy (Hardcover, 2002 ed.)
Laura Marsiliani, Michael Rauscher, Cees Withagen
R2,799 Discovery Miles 27 990 Ships in 18 - 22 working days

This volume includes a selection of papers presented at the EURESCO Conference "The International Dimension of Environmental Policy" held in Kerkrade, The Netherlands, in October 2000. We would like to thank those who made this conference possible: the European Science Foundation (ESF), which provided financial and organizational support; the European Commission EURESCO Programme; the Netherlands Organization for Scientific Research (NWO), which sponsored the conference under the research project: "Environmental Policy, International Competitiveness and the Location Behavior of Firms"; and GLOBUS, Tilburg University. The European Science Foundation (ESF), the EURESCO Programme, NWO and GlOBUS cannot be held responsible for the contents and/or opinions expressed in this volume. Our gratitude also goes to the people who assisted us in editing this volume: the papers' referees, the authors, our publisher Kluwer, and Ineke Lavrijssen and Evelyn Rogge for invaluable editorial help at different stages of this project. Laura Marsiliani W. Allen Wallis Institute of Political Economy, University of Rochester, USA and Department of Economics and Finance, University of Durham, United Kingdom; Michael Rauscher Institute of Economics, Rostock University, Germany; Cees Withagen Department of Economics and CentER, Tilburg University, The Netherlands and Department of Economics, Vrije Universiteit Amsterdam, The Netherlands. [Marsiliani, L., Rauscher, M. and Withagen, C] (eds.), [Environmental Economics and the International Economy], vii.

The Theory and Experience of Economic Development - Essays in Honour of Sir Arthur Lewis (Hardcover): Mark Gersovitz, Carlos... The Theory and Experience of Economic Development - Essays in Honour of Sir Arthur Lewis (Hardcover)
Mark Gersovitz, Carlos F.Diaz Alejandro, Gustav Ranis, Mark R. Rosenzweig
R5,228 Discovery Miles 52 280 Ships in 10 - 15 working days

This volume, first published in 1982, is a collection of original essays written to honour Professor W. Arthur Lewis, 1979 co-winner of the Nobel Prize in economics. The authors, an international group of distinguished scholars, address a varied set of specific issues reflecting Professor Lewis' research interests, covering topics which include: technological change in agriculture, analyses of unemployment and income distribution, the role of government policy in the development process, the historical record of development, and the relationship between developed and developing nations. The book will be of interest to both the academic researcher and practicing professionals in the international organisations and national governments, and are particularly appropriate to graduate courses in economic development, cost-benefit analysis and economic history.

Advanced Introduction to Globalisation (Paperback): Jonathan Michie Advanced Introduction to Globalisation (Paperback)
Jonathan Michie
R674 Discovery Miles 6 740 Ships in 10 - 15 working days

Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences and law, expertly written by the world's leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. Globalisation impacts almost all aspects of life. It is often said that change is accelerating, and that the nation state is increasingly anachronistic. This book challenges that consensus, arguing that globalisation is neither an historic nor technological inevitability; rather, globalisation and technological change are as old as capitalism itself. Jonathan Michie makes the case for a new, more realistic approach to economics. He argues that the reduced power of national governments is a result of the free-market reforms of globalisation created in the 1980s era of Thatcher and Reagan, which led to the 2008 global financial crisis and recession. The free-market 'capitalism unleashed' form of globalisation is neither inevitable nor desirable - it is possible to develop a new global green deal for economic progress, being socially and environmentally sustainable. Michie demonstrates that capital has become unproductive with increased speculation and tax evasion, and that taxing wealth is necessary to create a new era of globally sustainable development. Key features include: in-depth coverage of globalisation written in a concise and accessible style disputes the consensus that globalisation is an historic or technological inevitability focus on current issues such as unproductive capital, a result of increased speculation, tax evasion and avoidance advocates policy proposals for global regulation, taxation and corporate diversity argues the need for a new global green deal for social and environmental sustainability and makes a clear case for an improved and more realistic approach to economics. The Advanced Introduction to Globalisation will be a challenging yet engaging read for policy makers, academics and advanced students of economics, management and business, politics and environmental studies. This book sets out an alternative worldview which will interest anyone concerned with our future global prospects.

Perspectives on Rules of Origin - Analytical and Policy Insights from the Indian Experience (Hardcover): R. Das, R. Ratna Perspectives on Rules of Origin - Analytical and Policy Insights from the Indian Experience (Hardcover)
R. Das, R. Ratna
R1,405 Discovery Miles 14 050 Ships in 18 - 22 working days

"Rules of origin have emerged as one of the most controversial issues in any trade negotiations. This book analyzes the economics of rules of origin in regional trade agreements. It critically evaluates the empirical aspects, providing fresh perspectives on complex policy-negotiations and rules of origin implementation"--

Reforming Public and Corporate Governance - Management and the Market in Australia, Britain and Korea (Hardcover): Byong-Man... Reforming Public and Corporate Governance - Management and the Market in Australia, Britain and Korea (Hardcover)
Byong-Man Ahn, John Halligan, Stephen Wilks
R3,932 Discovery Miles 39 320 Ships in 10 - 15 working days

Reform of public sector governance is a well-established global trend, both in government and business, as countries move from traditional bureaucracies to management modelled on the private sector. This book offers a striking and original comparison of recent developments drawing on two of the leading innovators - the UK and Australia, and on one of the classic East Asian administrative systems in Korea. Its novelty lies in the parallel comparison with reform of the governance of the business corporation and the 'read across' from change in the private sector to change in the public sector. Also identified are the ways in which the reforms taking place have been influenced by international models. The authors, all leading academics in Australia, Britain and Korea, base their analyses on original research. The book's main sections deal with private sector management, privatisation and public enterprises, corporate governance, and government-business relations. Conclusions are drawn regarding possible future policy and changing trajectories of reform as well as about the content, success and extent of national reforms in a global setting. Reforming Public and Corporate Governance will be of interest to political scientists, political economists and East Asian scholars, as well as academics, researchers, policymakers and NGOs involved in public policy and management.

The Asia-Pacific Economy (Hardcover): D Das The Asia-Pacific Economy (Hardcover)
D Das
R4,025 Discovery Miles 40 250 Ships in 18 - 22 working days

The subject of this book - Asia-Pacific economies and their integration - is very topical and of major importance to the world trade and global trading system. As the book explains, the region's market-led or 'open regionalism' contrasts with the more closed regionalism of Europe and North America, offering an attractive alternative to the other developing-country regions.' - Kym Anderson, Centre for International Economic Studies, University of Adelaide;Over the last three decades, dramatic growth has occurred in the Asia-Pacific economies. They have in fact grown into an economic force of international dimensions as they not only succeeded in reducing their economic dependence on major industrial countries but have also come to have a 'locomotive' effect on the international economy. This unique growth phenomenon is analysed in this book, which makes it vitally significant for the student community and business-persons. as they not only succeeded in reducing their economic dependence on major industrial countries but have also come to have a 'locomotive' effect on the international economy. This unique growth phenomenon is analysed in this book, which makes it vitally significan

Japan and a New World Economic Order (Hardcover): Kyoshi Kojima Japan and a New World Economic Order (Hardcover)
Kyoshi Kojima
R4,212 Discovery Miles 42 120 Ships in 10 - 15 working days

President Nixon's new economic policy of August 1971, aggravated by the oil problem since October 1973 caused chaos and uncertainty in the international trade and currency system. There were fears of another 1930s style depression. In addition, a world food shortage and strident claims by developing countries for perpetual sovereignty over resources added another set of difficulties. This volume, written from Japan's standpoint, suggests a new direction for the world and regional economic order. The book tackles two major issues in international economics: Firstly, traditional international trade theory aims only at static maximization in the use of world human and material resources, but, the author stresses more attention should be paid to such dynamic or developmental elements as population growth, immigration, natural resource development, improvement in transfer of technology, economies of scale, direct foreign investment and economic integration in order to create development centres or sectors in the world economy. Secondly, the author discusses how to combine a global and regional approach to economic integration.

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