Acclaim for previous edition: 'Benjamin J. Cohen's Advanced Introduction to International Political Economy evaluates the fragmented intellectual landscape of international political economy and suggests points of convergence, if not integration, among its varied elements. His analysis is wide-ranging and balanced, geographically and in its examination of a variety of standpoints; it is engaging in its combination of sympathy and criticism. All advanced students of the field will benefit from reading it.' - Robert O. Keohane, Princeton University, US 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. Now in its second edition, Benjamin J. Cohen's introduction provides a comprehensive and up-to-date global survey of the field of international political economy. With detailed discussions regarding the divergent paths of different schools of thought in the field, this unique guide explores the links between contending factions. This Advanced Introduction gives students access to the multiple analytical styles and traditions of all perspectives in this rich field of study. Key features of the second edition: ? Concise introduction to the field in an accessible, non-technical form updated with the most recent discussions in IPE? Further in depth analysis of the most established American and British schools of IPE? Extended discussion of other key regions contributing to IPE, including Continental Europe, Latin America, Australia, Canada and China. Written in a concise and dynamic style, this Advanced Introduction serves as a thoughtful entry point text for advanced undergraduate and graduate students, as well as being an excellent go-to resource for scholars specializing in international political economy.

In Europe, Africa is often called the forgotten continent. The collapse of states, violent conflicts and natural disasters shape the public perception of Africa in Europe, while the political perspectives tend to be grossly neglected. This book wants to challenge this image in the eyes of many people through a profound analysis of main aspects of African-European relations.

Enterprises located in rural regions face various challenges in the globalised and digitised world. This book offers comprehensive answers to the question of what makes up the rural enterprise economy in the contemporary business world. It addresses the competitiveness and viability, strategic management and strategic change, and marketing issues for both incumbent and start-up companies in rural regions. The book presents new concepts that shed light on the rural enterprise economy with its entrepreneurs. With a broad range of cases from European regions, the book provides theoretical insights for scholars, practical case-based evidence for lecturers and teachers, and practical knowledge for business practitioners and planning specialists. Academic experts from European universities and research institutes provide compelling answers to this under-researched topic in business studies and economics.

The only student textbook covering this frequently-taught subject Fully updated new edition includes updates in case law and the ongoing impact of the Insurance Act 2015 and a revised chapter on smart contracts to include discussion of Blockchain First two editions extremely well received and adopted by the market

The question of how to properly enforce against RPM has been a contentious debate for decades on both sides of the Atlantic. The catalyst is the acceptance that RPM can generate both anti-competitive effects and pro-competitive efficiencies that need to be properly balanced to ensure against Type I/Type II errors and to create viable legislation. Part I focuses on 100 years of US origins and the current legal approach to VR enforcement, which reveals the precedent responsible for the transition between per se illegality and the rule of reason thresholds at the federal level. Nine anti-competitive and 19 pro-competitive theoretical models are also introduced to clearly demonstrate the true nonconsensus existent between economists as to whether RPM is deleterious enough to justify a stringent approach to RPM regulation. Part II closely examines the EU origins and current legal structure, where RPM has maintained its hardcore by-object designation pursuant to Art. 101(1) TFEU with the consequence of having no safe harbours, no applicability of the De Minimus Doctrine, an onerous negative rebuttable presumption, non-severability of the agreement and almost no chance of obtaining an exemption under Art. 101(3). This is exacerbated by the EC’s lack of guidance on how to prove all conditions necessary for an Art. 101(3) exemption and when a vertical arrangement actually escapes Art. 101(1) applicability. The aim of this book is to examine the economic models, historical origins and legal structures of the US/EU regimes to develop proposals on how to modify the EU’s current legal structure to ensure proper enforcement of RPM behaviour that actually enhances legal certainty through a more aligned approach at the national level. Part III proposes five solutions which scrutinise the concepts of appreciability, hardcore and by-object restraints, to implement modifications to EU’s current legal framework to ensure RPM receives reasonable and equitable treatment in line with economic theory.

This book presents a comprehensive analysis of contemporary issues in international trade and economic development. Emphasising the significance of economic development within policymaking, the book covers important issues like the provisioning of public goods, its implication in a liberalised regime, crime and corruption, skilled–unskilled wage inequality, income distribution and unemployment, environmental regulation and role of educational capital and informal sector. The volume deals with the impact that different aspects of international trade and investment are likely to have on the above-mentioned areas. The essays, written to honour the memory of Professor Sarbajit Chaudhuri, also examine topics that focus on public policy related to immigration of skilled workforce, political resistance and political compulsions that a democratic government might face in keeping with its commitment to tariff reforms, gender wage gap and issues related to globalisation, income distribution and unemployment. The book will be of invaluable interest to postgraduate students, scholars and researchers of development economics, international economics and labour economics and to those working on theoretical research on applications of general equilibrium trade models in developing countries.

The West has long been ignorant of cultural and political processes in China. Today, a growing number of Westerners are becoming aware of China's real and giant potential as a player in the international business arena. As business becomes increasingly international, it is vital to understand the concrete nature of business and underlying attitudes in the world's most populated country.
This volume presents a unique view of the major facets of international business in China. It examines the workings of finance and accounting, law, management, and marketing as well as trade, foreign direct investment, and the management of foreign subsidiaries. Discussion of such functional areas is placed firmly in the context of developments in China in recent years, with special emphasis placed on implications for firms doing business in or with China. Succinct, up-to-date analysis is combined with practical guidelines and recommendations for the business person.
This highly international bookis an important step towards demystification of the workings of international business. The material presented is from leading experts in business from around the world who write from direct experience of business in China.

This book provides the reader with a better understanding of the One Belt One Road (OBOR) initiative, its various projects around the world, and its consequences at a local as well as an international level. Background information on both Chinese and Greek sociopolitical history and their maritime industry is provided. The book also provides readers with the opinions of people directly involved with the Piraeus Port-China Ocean Shipping (Group) Company (COSCO) deal through interviews conducted and included in the book. OBOR, a signature initiative of Chinese President Xi Jinping, is currently one of the most frequently discussed enterprises worldwide. This controversial mix of worldwide projects has put both China and Xi at the center of attention, and not in a positive way. Of course, not all projects included in the initiative have been or are likely to be successful, but the initiative has far-ranging economic, cultural, and political potential. OBOR, in its essence, is an attempt by the Chinese government to secure a paramount position in global finance for the country and ensure that primacy extends far into the future. In particular, it is an attempt to ensure that there are enough natural resources for China to support itself in the long term. Therefore, the areas selected for the implementation and development of OBOR are deliberately strategic. One of the countries that China has chosen to invest in is Greece, specifically the Port of Piraeus. The OBOR initiative has many similarities with the ancient Silk Road. Although the ancient route and modern concept are in no way identical, many similarities become evident when the two are compared. To understand China's motivation to build such a network, looking back at history is required. This project was long in the making. Various discussions took place both on an international and a domestic level until all parties came to an agreement. The deal at Piraeus between Greece and China affected more people than the politicians and the shipowners-it affected everyone involved in the operations of the port as well as the residents of the area. To further comprehend the impact on their lives, one must see things through their eyes, and there is no better way than contacting individuals and conversing with them. In conclusion, the specific deal at Piraeus and the OBOR initiative as a whole have the potential of benefiting the international and local communities. However, specific measures must be taken, and governments must collaborate in order for the deal in Piraeus and the OBOR initiative to have the most beneficial and the least negative impact.

FINALIST FOR THE ORWELL PRIZE FOR POLITICAL WRITING 2022 THE TIMES BOOKS OF THE YEAR 2021 'A complex story, which Tooze tells with clarity and verve... The world is unlikely to be treated to a better account of the economics of the pandemic' The Times From the author of Crashed comes a gripping short history of how Covid-19 ravaged the global economy, and where it leaves us now When the news first began to trickle out of China about a new virus in December 2019, risk-averse financial markets were alert to its potential for disruption. Yet they could never have predicted the total economic collapse that would follow in COVID-19's wake, as stock markets fell faster and harder than at any time since 1929, currencies across the world plunged, investors panicked, and even gold was sold. In a matter of weeks, the world's economy was brought to an abrupt halt by governments trying to contain a spiralling public health catastrophe. Flights were grounded; supply chains broken; industries from tourism to oil to hospitality collapsed overnight, leaving hundreds of millions of people unemployed. Central banks responded with unprecedented interventions, just to keep their economies on life-support. For the first time since the second world war, the entire global economic system contracted. This book tells the story of that shutdown. We do not yet know how this story ends, or what new world we will find on the other side. In this fast-paced, compelling and at times shocking analysis, Adam Tooze surveys the wreckage, and looks at where we might be headed next. 'A seriously impressive book, both endlessly quotable and rigorously analytical' Oliver Bullough, The Guardian

Pandemic Economics applies economic theory to the Covid-19 era, exploring the micro and macro dimensions of the pre-pandemic, pandemic, and post-pandemic phases. Using core economic tools such as marginal analysis, cost-benefit analysis, and opportunity cost, this book explores the breadth of economic outcomes from the pandemic. It shows that a tradeoff between public health and economic health led to widespread problems, including virus infections and unemployment. Taking an international and comparative approach, the book shows that because countries implemented different economic policies, interventions, and timelines during the crisis, outcomes varied with respect to the extent of recession, process of recovery, availability of medical equipment, public health, and additional waves of the virus. Pedagogical features are weaved throughout the text, including country case studies, key terms, suggested further reading, and discussion questions for solo or group study. On top of this, the book offers online supplements comprising PowerPoint slides, test questions, extra case studies, and an instructor guide. This textbook will be a valuable resource for advanced undergraduate and postgraduate courses on pandemic economics, macroeconomics, health economics, public policy, and related areas.

Originally published in 1980, this book gives a concrete description of the development of Scottish companies and Scottish capital through the 20th Century, based on empirical study. The study begins with the major companies of 1904-5 and examines their history and subsequent development. The top companies in a number of periods are also examined and the study concludes with an investigation of the major companies of 1973-4 and their response to the (then) recent oil developments. The book uses both detailed company histories and broad historical interpretations as sources drawing the data together into chronologically ordered sections. Its focus is on the companies and people which make up the system of Scottish capital, seen as a relatively distinct system with its own characteristics and its own pattern of development within the British system.

The ideas behind economic democracy and financial participation are not new; the International Congress on Profit-sharing first met in Paris in 1889. The practical objective of many profit-sharing schemes was increased labour management co-operation. Some also had an ideal objective - the resolution of a perceived contradiction between concentrated wealth and power and the democratic ideal. In "Economic Democracy and Financial Participation", Daryl D'Art has two objectives. Firstly, to examine if, and under what conditions, profit-sharing schemes and employee shareholding can motivate workers and generate cooperative striving. Secondly, he identifies the schemes of financial participation which have the potential to realise economic democracy within the individual firm and society at large. To fulfill these objectives the author draws on the results of research carried out in the USA, Sweden, Denmark and Ireland. By making a comparative international study he contrasts an individualist approach to economic democracy with a collective approach. This book should be of interest to undergraduates and academics of economics, management, organizational behaviour, industrial relations, bu

Originally published in 1965, this book subjected the economic performance of Scotland to close examination. The progress of the Scottish economy from 1951 to 1960 was assessed in quantitative terms and estimates provided of Scottish gross domestic product, income from employment, gross profits and other economic statistics. Chapters are devoted to output and investment in manufacturing in industry and to personal income and expenditure. The results showed the extent to which the Scottish economy lagged behind the rest of the UK, especially during the latter part of the decade.

The book is the first profound book about one of the most successful food retailers in the world: ALDI. The management system and key success factors are described and explained in great detail.

This unique and comprehensive study provides the English-speaking reader with the opportunity to hear what some of Japan's leading social scientists and other commentators have to say about the internationalization of their country and its impact overseas. As the global community's demands on Japan call for a greater Japanese contribution to international society and for changes in Japan to facilitate foreign access, the topic of internationalization takes on even greater significance.
The contributors examine internationalization from a variety of perspectives, and place it into its political, economic and social contexts. Topics of special interest include the internationalization of Japanese capital, the response of Japanese society to foreign workers, local level initiatives, and the internationalization of education. In addition to the group of highly regarded Japanese scholars who have contributed to this volume, two leading political scientists from the United States and Britain discuss the experience of Japan as it compares to their countries of origin.
"The Internationalisation" "of Japan" will appeal to students and scholars of Japanese affairs, and to political scientists and specialists in international affairs who are interested in the rise and fall of great powers.

This is an invaluable piece of work that, to my knowledge, is not replicated anywhere, even in piecemeal fashion. It should be read by everyone having a stake in the Transatlantic Trade and Investment Partnership (TTIP) negotiations. It fills an historical vacuum in US-EU agricultural trade relationships that has existed for decades. This book provides the context of the past half century, and it will be invaluable for another half century.' - Clayton Yeutter, Former US Trade Representative, Former US Secretary of Agriculture and Senior Advisor at Hogan Lovells, US Tim Josling and Stefan Tangermann's Transatlantic Food and Agricultural Trade Policy traces the past fifty years of transatlantic trade relations in the area of food and agricultural policy, from early skirmishes over farm policies to on-going conflicts over biotech foods and hormone use in animal rearing. The authors take an analytical approach to the causes of transatlantic conflict and the extent to which these trade tensions in agricultural markets have reflected wide differences in policy approaches and levels of support. They explore the role played by international rules, in the GATT, and subsequently the WTO, in disciplining farm price support policies to allow for more open markets. The book also points to possible ways to end five decades of transatlantic trade tensions in the area of food and farm products. Scholars, practitioners and policymakers will find this timely book an invaluable and comprehensive guide to the causes of, and solutions to, the persistent EU-US trade conflicts in agricultural and food policy.

Europe is in a troubled state. The macroeconomic situation looks grim, national governments are close to dysfunction, and Europeans are facing austerity and relative decline. The one bright spot on the horizon is the potential for positive action at the level of the city and urban regions. In this book, the editors have assembled a collection of original contributions by scholars from Europe, North America and Asia who offer insights as to how local authorities in Europe might be able to chart a course for their city or urban region during this period of extraordinary difficulty. The volume begins with an Introduction, followed by a set of three papers in Part Two examining European urban competitiveness from the standpoints of measurement and policy. This section also provides a case study of the cities of one country - Italy - from which the reader can gain an understanding of the current position of European cities as well as what might be possible going forward. Experience has shown that perhaps the most crucial element in competitiveness enhancement is good and effective governance. To that end, Part Three examines structural aspects of urban government, including polycentric regions, wide metropolitan cooperation, the role of social actors and territorial aggregation. Part Four treats issues of innovation from two perspectives and provides a case study from Eindhoven, while also covering social issues such as demographics, participation, social exclusion and mobility. This set of scholarly reflections will be of considerable benefit to urban practitioners, researchers and students of public policy. Contributors: P. Canonico, C. Donolo, G. Hirsch, M.P. Iacono, D. Ietri, J.-L. Klein, P.K. Kresl, W.F. Lever, E. Mastropietro, D.J. Maurrasse, R. Mercurio, S. Micelli, S. Mollica, P. Ni, A.H.J. Otgaar, J. Shen, J. Sobrino, D.-G. Tremblay, L. van den Berg

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Between Brexit, efforts to 'Make America great again' and ongoing appeals for patriotic consumption to boost economies, the intersection between national identity, marketing campaigns, and consumer choices has been brought to the fore. This book maps out this terrain and provides a framework for how research on 'Made in' campaigns and programmes in individual countries can be placed into a broader historical context. The book argues that the history of 'Made in' can be used to shed light on society at large: the actors that have promoted it, the institutions that have regulated it, and the cultural environments that have attributed it meaning. At times 'Made in' has been a basic, descriptive trademark while, in other periods, it has been a key component of carefully developed commercial brands, and in yet other instances it has been used in attempts to forge and redefine national identities. The book opens with an introduction to the three key factors which have featured prominently in 'Made in' campaigns - commercial logic, national economic policy, and it's use as an instrument in political discourse - and an overview of the evolution of 'Made in' from a marketing perspective. This is followed by country-specific discussions of 'Made in' through case studies including countries in Western Europe, US, Japan and the antipodes. This book will be of significant interest to students and scholars of economic history, business history and marketing.

Agriculture has been the unruly horse of the GATT/WTO system for a long time and efforts to halter it are still ongoing. This Research Handbook focuses on aspects of agricultural production and trade policy that are recognized for their importance but are often kept out of the limelight, such as the implication of national and international agricultural production and trade policies on national food security, global climate change, and biotechnology. It provides a summary of the state of the WTO agriculture negotiations as well as the relevant jurisprudence, but also, and uniquely, it focuses on the new and emerging issues of agricultural trade law and policy that are rarely addressed in the existing literature. With contributions from a multi-disciplinary team of leading analysts from around the world, this Research Handbook will appeal to trade negotiators, international trade law and policy academics as well as postgraduate students in the field. Contributors include: K. Anderson, D. Blandford, M. Cardwell, I. Carreno, M.G. Desta, G. Dutfield, C. Haberli, L.A. Jackson, T. Josling, E. Laurenza, A. Matthews, J.A. McMahon, F. Smith, S. Switzer

Government policies to reduce environmental pollution and global warming are often criticized as damaging to the economy, particularly by reducing international competitiveness. This book addresses the issue by examining many of the policies concerned, and their effects on competitiveness. It demonstrates that well-designed, market-oriented environmental policies may be expected to improve both domestic and international competitiveness. The authors dismiss the fear that environmental policies will damage competitiveness by approaching the issue from four different perspectives: the economic analysis of competitiveness; a geo-economic approach to trade and foreign investment between Europe, NAFTA and Southeast Asia; studies of the effects of environmental policies on competitiveness; and the formal modelling of carbon taxation, international competitiveness and carbon leakage. The book also includes results from a global econometric model on the potential for carbon leakage, a detailed case study of German national policies, an examination of life cycle analysis and competitiveness, and an empirical study of green product development. This book will be of great interest to academics working in the field of environmental economics and researchers involved in environmental policy.

What is the current state of rela tions between the United States and the Republic of China on Tai wan and how might they be im proved? These were the broad questions addressed at a confer ence co-sponsored by the Clare mont Institute's Asian Studies Center and the Institute of Interna tional Relations in Los Angeles in 1989. This volume, which brings together the papers presented by American and Chinese scholars, diplomats, and businessmen, con siders the current international status of the Republic of China and its economic and strategic partner ship with the United States.

The Soviet Union and its Republics have immense business potential. Industrial sectors are in need of modernization and development, a domestic market of over 280 million people is hungry for consumer goods, and there is a largely untapped resource of intellectual property. In addition, there is a huge capacity for exportable raw materials.;Despite political manoeuvring, perestroika has created a framework for foreign investment and much work is going on behind the scenes to develop enabling legislation at all-Union and Republic level. Over 3000 joint ventures in the Soviet Union involving foreign firms have been registered. Joint stock companies are being set up and there is talk of privatization. Soviet citizens are learning how to run businesses in a market economy and Western firms are finding that they too have much to learn about trading in the USSR. This book is designed to help the learning process and provide working knowledge of foreign investment in the Soviet Union. It provides practical advice, from East and West, with chapters on business law, taxation, banking, foreign exchange and more.

This book analyses the paradoxes of Pakistan's economy, meritocratic domestic policy and the role of the state and civil society. It argues that the transition in the county's foreign policy from geo-politics to geo-economic depends on a fundamental domestic policy transition from kleptocracy to meritocracy. Civil Society and Pakistan's Economy discusses how the prevalence of rent seeking practices has undermined merit-based practices by increasing the cost of doing business and converting public loss into private profit by awarding inappropriate subsidies and imposing regressive taxes. The analyses are supported by describing the instruments and mechanisms used for rent seeking practices and the creation of public awareness of options available to change these practices through citizen's action and civil society engagement. The book also shows the path of transformation and the role of participation and argues that aspiring for and capturing power is not the only way to transform Pakistan. A novel analysis depicting macro-micro linkages of encroachment of socio-economic space by the power elites and effective strategies used for its reappropriation by the people, the book will be of interest to academics researching South Asian Studies, in particular South Asian economics and politics.

This book scrutinizes the role of Hong Kong in the expansive, and contested, vision of China's Belt and Road Initiative (BRI). In two main sections, it first discusses the defining features of the BRI and the evolving expectations of the role of Hong Kong in the BRI from the perspectives of policy makers and the professional sectors of accountancy-finance and the law. The second section contemplates the potential opportunities for Hong Kong from the perspectives of recipient countries of Sri Lanka, Vietnam, Cambodia and Myanmar. Utilizing an action research approach and engaging the views of a broad spectrum of actors, the authors observe the critical role of agency and innovations in a context of institutional contradictions, the impact of BRI governance structure for the deficits in international participation, gaps between grand state visions and commercial interests, and the salience of effective communication in navigating complex policy initiatives. Taking these together unpacks the complex processes shaping Hong Kong's participation and role in the BRI. This book will appeal to students and researchers interested in the BRI and Hong Kong, in the contexts of institutional contradictions, agency innovations and political dynamics as well as sustainable development.