This edited collection presents an alternative set of reflections on India's contemporary global role by exploring a range of influential non-Western state perspectives. Through multiple case studies, the contributors gauge the success of India's efforts to be seen as an alternative global power in the twenty-first century.

The study of power is the nucleus of political science and international relations. As a shift of power from traditional industrial countries to emerging powers has been perceived since the turn of the century, this book aims to present innovative theoretical and empirical approaches that can increase our understanding of this transition. Scholars from the fields of international relations, international political economy, economics and security studies not only explore current theoretical debates on 'power' and 'power shifts' among entities, but also provide fresh insights into relevant aspects of international power in the 21st century. With a particular focus on aspects of international security, trade and production, new methods of identifying power and its sources are presented, and their potential implications and challenges are discussed.

This book provides a broad and balanced introduction to the principle Western financial makets and institutions. Unlike other books which tend to focus on an individual market, An Introduction to Western Financial Markets is international in scope. Valdez acknowledges the current movement towards a single global market and recognizes that a parochial knowledge of just one local market is no longer sufficient.

Various financial sectors are described in clear and easy to understand terms. Topics covered include banking (commercial and investment), money and bond markets, foreign exchange, stock markets, finance for trade, insurance options, futures, and other derivative products. A final chapter surveys the key trends and issues in the markets today. A useful glossary of terms is included.

Pages of mathematical formulae, common in introductory books on finance, are avoided. Valdez clearly shows the importance of these formulae, but is constantly aware of his non-numeric readers. This book will appeal to students of banking, finance, economics, business studies and the securities markets.

The constant and seemingly intractable problem of world debt is much in the news today, and, despite the Baker plan of the 1980s and the more recent Brady plan, the plight of third-world borrowing nations and their first-world creditors continues to worsen. Developing nations are stymied by the portions of their gross domestic product that must be given over to servicing debt, and money center banks continue to write down their third-world loans, damaging their own balance sheets as well as their credibility. In this study, a follow-up to his Monetary Reform and Cooperation Theory, George Macesich addresses the world debt crisis and proposes a method for overcoming the dilemma.

Macesich develops a useful framework with which to approach the world debt problem, focusing on his cooperation theory, which calls for a bilateral approach on the part of both creditor and debtor countries. There are significant obstacles to this type of cooperation, however, and these difficulties and methods for overcoming them are discussed at length. Macesich begins the volume with a survey of the world debt problem, followed by a detailed examination of the theory and strategy of cooperation. In succeeding chapters he studies the barriers to cooperation: domestic constraints in debtor nations, domestic constraints in creditor nations, economic nationalism, and the nationalism of the bureaucratic and political elite. He concludes the work with a discussion of the relationship between debt burden and world monetary stability. This study will be a valuable resource for finance and banking professionals and for monetary policymakers, as well as for courses in banking, world finance, and international monetary policy. College, university, and public libraries will also find it a useful addition to their collections.

Written by the world's leading academics in the outsourcing field, this books gives the most recent overview of developments in research and practice. It focuses on new practices in innovation, offshoring, onshoring, capabilities, project management and cloud services, offering a distinctive theory of outsourcing.

Informal sector has emerged as a critical element in the development process of theentiredevelopingworld.Itisnowwellrecognisedthatsuchasectorprovides employmenttothemajorityoftheworkforceinthepoorcountries.Sometimesthe shareofemploymentintheseactivitiesgoeswaybeyond50%oftotalemployment. Informalusuallyreferstoextra-legalandnon-recordedeconomicactivitiesandcan captureawholearrayofdiverseoccupations, productsandservices.Development Economicsasadisciplinehasnottreatedsuchtopicswithadequatereverence.Text booksdealingwitheconomicdevelopmentdonothaveexclusivesectionsdevoted to the discussion of growth, dynamics and sustenance of informal activities. In particular how informal transactions in?uence employment, output, productivity, wagesandenvironmentisseldomdiscussedformallyintermsofanalyticalm- els. Informal sector does not operate in a vacuum. Thus the general equilibrium linkages involving the informal and formal activities also need to be explored in detailifdevelopmentpoliciesaretobeproperlyevaluated.Thisvolumesuccessfully addressesboththeseissuesanddoesitwithcompetenceandrigour. Authorsofthisvolumehavebeenworkingonthefrontiersofdevelopmentpolicy researchinthecontextofopendevelopingeconomies, focusingmainlyongeneral equilibriumimplicationsofsuchpolicies.Infactoneoftheauthorshaswrittenat length on informal credit market. Sustained research programme on such a topic ofgreatsigni?cancelendscredibilitytothisvolume.Itisalsohightimethats- eralinternationalpublicationsoftheauthorsinrelatedareasareputtogetherina comprehensivemonograph.Iamde?nitesuchavolumewillbeveryhelpfultos- dents, researchers, policy makers and anyone seriously interested in development economics. CentreforStudiesinSocialSciences, Calcutta, India SugataMarjit vii Preface In the last few decades informal sector has drawn serious cognizance among economists in view of its role in developing economies. The earlier contention that the informal sector epitomises the 'residual' sector or a sector of last resort has been belied by a plethora of evidences indicating its dynamic character and its instrumental role in ameliorating unemployment and in propelling the dev- oping economies towards growth and prosperity. This conceptual metamorphosis regarding the informal sector has stimulated revived interest in the phenomenon amongdevelopmenteconomists.Thereexistmanybooksthatdealwiththesector analyticallyorempirically. However, the theoretical analysis of the different aspects of the sector is equally important, especially for formulation of appropriate policy prescriptions. Comparativestaticresults, inmanycases, divergefromtheconventionalresults.We noticedthatalthoughvariousauthorshavepublishedtheoreticalpapersindifferent journals, there are very few books that try to understand the informal sector in a theoreticalframework.Thislacunainculcatedinusaninteresttowritethisbook.

Featuring new findings and fresh insights from an international roster of labor economists, including such eminent authors as Morley Gunderson, Harry Holzer, and Paul Ryan, this book delves into a uniquely wide range of high-profile labor issues affecting youth in the US, Canada, Europe, and Japan - from declining job, wage, and training prospects to workplace health hazards, immigration, union activism, and new policy strategies. This widely accessible introduction to the latest research in the area presents original empirical economic studies in an engaging style. All may find something of interest in the host of controversial topics of lively public debate that are covered, including: youth unemployment, earnings mobility, racial/ethnic and gender inequalities, training quality and access, job hazards, health insurance coverage, immigration, minimum wage laws, union organizing, and global economic competition. Young Workers in the Global Economy is written in a clear and accessible style for a broad readership ranging from scholars and college students to employers, unions, career counselors, human resource professionals, vocational trainers, policy analysts, government officials, immigration and health care activists, as well as to the wider public concerned about the future of youth career prospects.

Reevaluating NAFTA seeks to answer the question: has NAFTA integrated North America? A fifteen-year NAFTA appraisal finds trade expansion boosting optimism, but also unveils stark asymmetry between developed and developing countries as well as top-heavy NAFTA regulations seriously constraining ground-level integration. Using empirical data analysis and a wide-reaching theoretical context, this book seeks to evaluate the results of NAFTA's 'fifteen-year itch' to identify what worked and what didn't, and ultimately, to point to the future of North American integration.

This collection of orchestrated analyses develops an "issues and process framework" for assessing the Enterprise for the Americas Initiative to develop freer trade within the Western Hemisphere. This volume comes at a time of transition in U.S. domestic politics and global trade negotiations. Anticipating the critical choices to be faced by the Clinton administration, as well as other public and private sector leaders here and abroad, the analyses in the volume, written by a team of leading international trade and economic development specialists, will provide the reader with insights into the complex political, economic, social, and, to some extent, technical character of efforts to expand regional and world trade.

A norm of special treatment for LDCs, created by the UN, has spread to various international organisations including the WTO. Within the WTO evidence of the institutionalization of the norm can be found both in the agreements and legal documents and the way in which the LDCs have been treated by other states. Helen Hawthorne investigates how norms impact on negotiations in international organisations. She shows that few studies of international organisations focus on the role of the weaker states in the organization, the majority focus either on the major states or the emerging economies. By ignoring the role of the poorer, weaker states in the GATT/WTO we are ignoring the history of these states in the organisation and do not get a true picture of the organization, how it operates in relation to them and their impact on the organisation.

The major advances in transport services and the export of capital from Europe during the years 1870-1914 made possible the development of a true world economy. This volume studies the British Empire's export activity in light of its world power status. Saul traces the development of British overseas trade from its beginnings prior to European imperialism around the world through its standing at the outbreak of World War I.

The major advances in transport services and the export of capital from Europe during the years 1870-1914 made possible the development of a true world economy. This volume studies the British Empire's export activity in light of its world power status. Saul traces the development of British overseas trade from its beginnings prior to European imperialism around the world through its standing at the outbreak of World War I.

Published annually, this 29th edition brings together a unique combination of the latest data on, and detailed analysis of, a vast region. Scrupulously updated by Europa's experienced editors, the volume also includes contributions from regional specialists. General Survey Essays written by acknowledged experts on the area provide an impartial overview of the region. Country surveys Individual chapters on each country, comprising: - essays on the geography, recent history and economy of each country - a statistical survey - a full directory section - a select bibliography. Regional Information A directory of research institutes and bibliographies of books and journals covering Latin America and the Caribbean.

The dramatic story of Hitler and Stalin's marriage of convenience has been recounted frequently over the past 60 years, but with remarkably little consensus. As the first English-language study to analyze the development, extent, and importance of the Nazi-Soviet economic relationship from Hitler's ascension to power to the launching of Operation Barbarossa in June 1941, this book highlights the crucial role that Soviet economic aid played in Germany's early successes in World War II. When Hitler's rearmament efforts left Germany dangerously short of raw materials in 1939, Stalin was able to offer valuable supplies of oil, manganese, grain, and rubber. In exchange, the Soviet Union would gain territory and obtain the technology and equipment necessary for its own rearmament efforts.

However, by the summer of 1941, Stalin's well-calculated plan had gone awry. Germany's continuing reliance on Soviet raw materials would, Stalin hoped, convince Hitler that he could not afford to invade the USSR. As a result, the Soviets continued to supply the Reich with the resources that would later carry the Wehrmacht to the gates of Moscow and nearly cost the Soviets the war. The extensive use in this study of neglected source material in the German archives helps resolve the long-standing debate over whether Stalin's foreign policy was one of expansionism or appeasement.

This book highlights strategies for poverty reduction in developing countries, with emphasis on the power of the market mechanism and vigor of the private sector, focusing ODA on a few longer term challenges and leveraging advances in technology to the fullest, and underlining the importance of human rights and security.

Despite the fact that the globalization process tends to reinforce existing inequality structures and generate new areas of inequality on multiple levels, systematic analyses on this very important field remain scarce. Hence, this book approaches the complex question of inequality not only from different regional perspectives, covering Africa, Asia, Europe, Latin and Northern America, but also from different disciplinary perspectives, namely cultural anthropology, economics, ethnology, geography, international relations, sociology, and political sciences. The contributions are subdivided into three essential fields of research: Part I analyzes the socio-economic dimension of global exclusion, highlighting in particular the impacts of internationalization and globalization processes on national social structures against the background of theoretical concepts of social inequality. Part II addresses the political dimension of global inequalities. Since the decline of the Soviet Union new regional powers like Brazil, China, India and South Africa have emerged, creating power shifts in international relations that are the primary focus of the second part. Lastly, Part III examines the structural and transnational dimension of inequality patterns, which can be concretized in the rise of globalized national elites and the emergence of multinational networks that transcend the geographical and imaginative borders of nation states.

David Begg examines how four small open economies- Finland, Denmark, the Netherlands and Ireland- have managed the stresses and strains of Europeanisation since the single market came into being, and as fault lines begin to appear within the European integration project. In particular, he drills down into the Irish Polity to see how its institutions have engaged with Europe and how decisions on critical issues like integration, EMU and Social Partnership were reached. He finds that both Ireland and Europe are at a critical juncture for different but interconnected reasons, and identifies the options that are available to them.

The European Union (EU) has now become the largest trade partner of China. While the Sino-US trade relations and particularly the high-profile trade disputes between the US and China get considerable academic attention for geopolitical reasons, very few researches have been done on the Sino-EU trade disputes that gradually loom large on the horizon. This book delves into the trade disputes between China and the EU and identifies the causes for trade disputes. It examines how the disputes will shape the China-EU trade relations, and offers a macro overview on how the issues can be resolved or at least how they should be managed.

This timely book sheds light on the Sino-EU trade disputes thus putting it in global perspective and enriches the literature in this regard.

Tariff Rate Quotas are an important, though controversial instrument of international agricultural trade policy. They are meant to provide market access, but can be designed to be as restrictive as important quotas. In the political and academic discussion, quota administration is blamed to cause extra inefficiencies. However, little research exists on how different methods of quota administration compare to each other. This question is approached by an econometric model for censored panel data, which was applied to the EU's tariff rate quotas. Furthermore, this work analyses how tariff rate quotas are governed by WTO rules, how they are applied in practice by the EU and US, and how they could be reformed in the ongoing agricultural trade negotiations.

In this book, Xiaoke Zhang addresses two fundamental political and policy questions: why do politicians have heterogeneous incentives to pursue public-regarding policies through capital market reforms and why do they differ in their abilities to initiate and implement market reform policies decisively and resolutely?

New Urban Management discusses how the logic of economic flows poses a challenge to local governments throughout the world. The book argues that the increased fluidity in economic life must have its reflection in local economic development policy.

The EU is under stress. Many believe in the euro's demise because they blame it for the 2008 financial crisis and the unwelcome austerity measures. Many resent the immigrants from the new EU member states, threatening the survival of the Single European Market. Many complain of a 'Brussels diktat', seeking an escape from joint EU decisions. Several member states want to unilaterally deal with the enhanced competition from the emerging markets, especially China, undermining the EU's 'common commercial policy', run by a single EU commissioner. And many in the UK want its exit from the EU, diluting EU unity and reducing its global influence. These concerns are either misguided or require a stronger EU to deal with them - this book aims to address these issues by considering the nature, importance and future of the European Union.

The Dispute Settlement Reports of the World Trade Organization (WTO) include Panel and Appellate Body reports, as well as arbitration awards, in disputes concerning the rights and obligations of WTO members under the provisions of the Marrakesh Agreement.

"Sudden negative events are part of life, but some are more disastrous than others. This book analyzes the consequences of sudden negative shocks in the short and long term well being of people and how the policies implemented before, during and in the immediate aftermath of the event could help prevent these long lasting effects"--Provided by publisher.

Series: Studies in Modern Tibetan Culture, Lexington Books Weatherhead East Asian Institute, Columbia University Since the central government of China started major campaigns for western development in the mid-1990s, the economies of the Tibetan areas in Western China have grown rapidly and living standards have improved. However, grievances and protests have also intensified, as dramatically evidenced by the protests that spread across most Tibetan areas in spring 2008 and by the more recent wave of self-immolation protests that started in 2011. This book offers a detailed and careful exploration of this synergy between development and conflict in Tibet from the mid-1990s onwards, when rapid economic growth has occurred in tandem with a particularly assimilationist approach of integrating Tibet into China. Fischer argues that the intensified economic integration of Tibet into regional and national development strategies on these assimilationist terms, within a context of continued political disempowerment, and through the massive channeling of subsidies through Han Chinese dominated entities based outside the Tibetan areas, has accentuated various dynamics of subordination and marginalization faced by Tibetans of all social strata. Whether or not these dynamics are intended to be discriminatory, they effectively accentuate the discriminatory, assimilationist and disempowering characteristics of development, even while producing considerable improvements in the material consumption of local Tibetans. In particular, strong cultural, linguistic and political biases intensify ethnically-exclusionary dynamics among middle and upper strata of the Tibetan labor force, which is problematic considering the rapid shift of Tibetans out of agriculture and towards the highly subsidy-dependent sectors of the economy, especially in urban areas. The combination of these disempowering dynamics with the sheer speed of dislocating and disembedding social change provides important insights into recent tensions given that it has accentuated insecurity while restricting the ability of Tibetan communities to adapt in autonomous and self-determined ways. The study represents one of the only macro-level and systemic analyses of its kind in the scholarship on Tibet, based on accessible economic analysis and extensive interdisciplinary fieldwork. It also carries much interest for those interested in China and in the interactions between development, inequality, exclusion and conflict more generally.