With the creation of the Mediterranean partnership and the recent move towards the creation of the Union for the Mediterranean in 2008, a new emphasis is placed on the Mediterranean in the study of European Integration.

This book brings together a collection of experts to address this important new area of study and discuss issues such as development, aid, labour, markets, human capital investment, Europeanization and institutional reform.

Given the widely-accepted premise that free trade is the best means of maximising overall societal welfare, why has it proven so difficult to achieve in certain industries? This book tackles arguably the most perennial and deep-rooted of all questions in political economy, and questions the incumbent orthodox liberal theories of collective action. Using a historical institutionalist framework to explore and explain the political economy of trade protectionism and liberalization, this book is based on detailed case studies of the textiles and clothing sector in the EU, United States, China, Caribbean Basin and sub-Saharan Africa. From this, the book expands to discuss the origins of trade protectionism and examine the wider political effects of liberalization, offering an explanation of why a successful conclusion to the WTO 'Doha' round has proven to be so elusive. The book argues that the regulation of global trade - and the economic consequences that this has for both developed and developing countries - has been the result of the particular way in which trade preferences are mediated through political institutions. The Global Political Economy of Trade Protectionism and Liberalization will be of interest to those studying and researching international and comparative political economy, developing area studies, economics, law and geography.

This text introduces students to the interrelationship of politics and economics in American public policymaking: how economic concerns have been legislated into law since Franklin Roosevelt's time and how politics (e.g., Washington gridlock) affects the economy and the making of public policy. Students learn how to measure various indicators of economic performance, how the U.S. economy works (domestically and with international linkages), and how and why policymakers act to stabilise an economy in an economic downturn. Additionally, many social insurance programs (Social Security, Medicare, Medicaid) are explained and the current fiscal issues concerning current/future costs are treated in some detail. The book concludes with a full chapter case study on the Obama administration's response to the Great Recession and its dealings with Congress; the implementation of the Affordable Care Act is also discussed.

With the globalist project immersed in conflicts and adversity, Post-Colonial Globalisation offers an insight into the actors who animate it and the power dynamics which run through it. Using the law as the prism through which these are examined, and fusing historical with contemporary perspectives, the book contributes to understanding the crisis in which we find ourselves as a moment of both existential danger and an opportunity. This book is in two parts. The first part charters capitalism’s historical progression to globalism through the lens of the act of taking. Taking has risen to institutional prominence as a core concept in the legal lexicon of foreign investment protection to denote deprivation of private property. Post-Colonial Globalisation advances a broader notion of taking as a tool of social criticism. From enclosures, to colonial settlement to an empire of unequal exchanges, to contemporary land grabs, private property, now so vigorously protected against taking, was itself born out of taking. The second part focuses on the ecological dimension of neoliberal globalisation and its hallmarks of unlimited growth and excessive extraction. It has negatively impacted the climate, the earth and its human and non-human inhabitants to the point of putting their continued existence at risk. Central to this is the deification of property. Our understanding of proprietary relations and the rights they confer must be revisited if our interface with the planet is to be reconfigured. The emerging doctrine of rights of nature offers one route which may lead us in this direction. The two parts complement each other. One looks at taking by members of the human species from each other. The other looks at taking by the human species from nature.

The third in a series on the middle East, this volume deals with the way in which Islamic economists believe that an economic system should reflect religious values, rather than a society's values being determined by the economic system.

This book considers the issue of biodiversity in developing countries in relation to intellectual-property rights, community rights and human rights. Drawing together a number of case studies of developing countries rich in biological and genetic resources including India, South Africa and Brazil, the book examines the access to PGRs and their utilizations in the contexts of scientific and commercial oriented activities pursued both in the source and user countries. Exploring how community rights are protected in national biodiversity-related regulations and some international legal instruments, Marcelin Tonye Mahop also discusses the relationship between community rights and human rights in the context of biodiversity. The book looks at the issue of bio-piracy, asking whether this phenomenon should only be seen as a North-South clash, whereby biodiversity rich countries of the Southern Hemisphere blame developed countries and their actors as its principal perpetrators. While recognizing that developing countries' actors play a role in this bio-piracy phenomenon, the book goes on to suggest alternative measures for the legal protection of community rights at the national level with the possibility of national and international enforceability. Essential reading for students and scholars of intellectual-property rights, biodiversity regulations and human rights, this book will also be of great value to researchers and members of professional organizations working in these subject areas. National and regional negotiators in the international processes dealing with the issues covered in the book will find it a useful tool that can help them to understand various facets of these processes.

The financial crisis of 2008-2009 and the "Great Recession" that it precipitated highlight a number of important questions about the governance of contemporary capitalism. How do shortcomings in existing market governance institutions help to account for trends of rising economic inequality and financial instability? What new forms of market governance would better embody norms of stability, equality and justice? And how do present political conditions both constrain and enable possibilities for reform? This volume brings together an array of leading thinkers to consider these pressing questions about market governance and its potential reform. Contributors combine in-depth empirical analysis with innovative explorations of alternative arrangements to consider challenges of market governance in advanced and developing countries, as well as global and regional organizations. New Visions for Market Governance will be of interest to students and scholars in a wide range of areas including international and comparative political economy, public and social policy, and normative social theory.

First published in 1948, this book outlines a solution to contemporary economic problems in the post-war years. This solution aims to make the best use of our price mechanism, free initiative and competition, but also involves the socialization of certain monopolistic concerns and the state control of the price mechanism in such a way as to maintain full employment, to achieve an equitable distribution of income and property, and to restore equilibrium to our balance of payments. It is an outline of that middle way which the author calls the Liberal-Socialist solution.

The Arab Spring and recent popular uprisings that have taken place in many Arab countries since the end of 2010 highlight the urgent need for economic policy reorientation in these countries. This book addresses key issues relevant to the contemporary economic realities of the Arab economies; including policy space, generation of more productive and decent employment, social justice and poverty alleviation, regional integration and the common destiny of the Arab people, and the failure of the structural adjustment programs recommended by the Bretton Woods institutions and implemented in these countries in the last three decades. The volume explores, and makes recommendations, for deep pan Arab regional integration and alternative pro-poor, growth-oriented economic and trade policies capable of promoting social justice by reducing the incidence of poverty. It highlights the ways in which various types of economic and trade policies have affected the levels of employment and poverty in five Arab countries: Egypt, Jordan, Morocco, the occupied Palestinian territory and Sudan. Using a mixture of qualitative and quantitative methodologies, the book focuses on Arab trade integration, exploring the obstacles to its implementation in the past, as well as its potentials as a source of employment generation and enhancement of living conditions. The book also addresses the construction, interpretation and use of quantitative trade indicators for optimal policy choice at both the domestic and regional levels.

This book explores the links between European integration and globalisation, and examines the potential for social transformation in the context of the global economic crisis and the resulting EU reforms. Divided into three parts, this book offers both empirical and theoretical analyses of social integration, supranationality and global competition. Drawing on Critical Political Economy research, Neo-Gramscian, Open Marxist, Regulationist and Post-structuralist scholars subject a wide range of European flagship policies in matters of competition, trade and security to critical scrutiny and relate them to global political economy dynamics. Contributors examine the ways in which current global economic turbulence has affected the European Union, its membership and its adjacent areas, and determine the potential for economic and political transformation in light of the global economic crisis and Europe's 2020 Strategy. In the emerging multi-polar world, in which the EU and the US are expected to share global policymaking with new powers, this book argues for a revised conceptualisation of European integration and its relationship with globalisation. Globalisation and European Integration will be of interest to students, scholars and researchers of globalisation, political economy, international relations, and European Union politics.

Jean-Paul Fitoussi needs no introduction as one of the world's foremost Macroeconomists of his generation. This celebration of his work includes contributions from Nobel Prize - winning economists Robert W. Clower and Robert Solow as well as Olivier Blanchard and leading economic theorist, Edmond Malinvaud.

This volume examines questions concerning the nature and behaviour of capitalism and the development of economic thought and the relation between economic thought and practice in the early twentieth century.

This edited collection assesses the level of financial integration in the European Union (EU) and the differences across the countries and segments of the EU financial system. Progress in financial integration is key to the EU's economic growth and competitiveness and although it has advanced substantially, the process is still far from completion. This book focuses on the pace of financial integration in the EU with special emphasis on the new EU Member States and investigates their progress in comparison with 'old' EU countries. The book is the first of its kind to include and evaluate the effects of the global financial crisis on the process of EU financial integration. In particular, the book's contributors address the issue of whether a high degree of financial integration contributed to the intensification of the financial crisis, or whether a low level of integration prevented countries and financial industries from some of the negative effects of the crisis. Although most of the chapters apply contemporary econometric tools, the technical part is always reduced to indispensable minimum and the emphasis is given to economic interpretation of the results. The book aims to offer an up to date and insightful examination of the process of financial integration in the EU today.

China has enjoyed heroic growth rates in the last twenty five years of reform and transition, pulling more people out of poverty more quickly than at any other time in human history. Nonetheless these successes have had costs: today China is faced with increasing environmental difficulties and there is a dangerous level of inequality of income and wealth leading to large numbers of often violent disputes and demonstrations in the countryside. This book discusses the very latest issues relating to China's remarkable economic growth. It provides comprehensive coverage of these issues, including economic, political-economic, environmental and philosophical questions, presenting material in as non-technical a way as possible. The issues discussed reflect key concerns within China itself at present. These focus not just on how to sustain fast rates of economic growth but also on how to solve the problems resulting from it, problems including widening levels of income equality, new forms of environmental degradation to include water shortages, health issues, governance dilemmas and new problems for the banking, strategic industrial and agricultural sectors. This book not only encompasses the current socio-economic situation in China, accepting its strengths while highlighting dilemmas, but also provides suggestions for policy. As such, it reflects a growing recognition in China that the attainment of both continued strong economic growth and a greater degree of social harmony are mutually interdependent: that one will not be achieved without the other.

This book constitutes an up-to-date treatment of Russia's economic development and economic policies since 2000, when Vladimir Putin became the President of Russia. After the slow decline and sudden collapse of the Soviet Union, Russia embarked upon a multi-faceted change. This included transition from central management to a market economy, from one-party rule to democracy, from multi-national empire to nation state, and from relative autarchy to opening up to the European and global communities. This book concentrates on economic change, exploring how in spite of steep production decline, widening welfare differentials and increasing social uncertainty, the 1990s also created many of the institutional and policy preconditions for a functioning market economy.

The tropics is an area of enormous opportunity and potential. The countries situated between the Tropics of Cancer and Capricorn are largely developing in nature. There is huge interest in the types of business investments made in Southeast Asia, Central Africa, and the Amazonian tropical belts. These tropical regions continue to face opportunities and challenges in attracting foreign direct investments as well as the need to complement and/or compete with larger economies external to the tropics. This book provides an empirical assessment of the key sociocultural, economic, environmental, and political factors that influence the business dynamics of organizations operating within the tropics. It will address but is not limited to topics such as attracting businesses to the tropics, facilitating smooth, stable conditions for business operations and sustainability, national institutions, and regulations that shape the way business is done, and the increasing deployment of new technologies and entrepreneurial innovations which are defining the global tropics as a distinct business region. It will offer readers a key focus for developing a deeper understanding of the factors and frameworks that influence and shape business activity in the area. While the primary audience for the book consists of academics and students from the fields of economics (environmental economics, developmental economics), business, international trade, tourism, and area studies, it will also provide a practical resource for government policy analysts wanting to fully appreciate some of the key economic and business issues facing the region.

Known as the "economist's economist" for his work on creating a synthetic economic theory, Swedish economist Knut Wicksell was a controversial, but highly influential figure in modern economic thought. His contributions to marginal productivity theory, income distribution and, most notably, his theory of interest would come to have a profound impact upon twentieth century economic theory, not least in the work of John Maynard Keynes. First published in English in 1934 and 1935, this Routledge Revival set is a reissue of his two volume work on political economy, first published in Sweden in 1901 and 1906. This work is aimed at both the professional economist and the advanced student alike, as well as all those interested in the theoretical development of political economy. Volume I concerns itself predominiantly with issues of theory: specifically the theory of value, the theory of production and distribution and the theory of capital accumulation. Volume II deals with theories relating to money, currency and credit. For institutional purchases for e-book sets please contact [email protected] (customers in the UK, Europe and Rest of World)

First published in 1964, The Economic Development of South-East Asia: Studies in economic history and political economy contains eight papers originally written for a study group at the School of Oriental and African Studies in London. The papers, edited by Professor C. D. Cowan, are written against a background of economic underdevelopment in large parts of Asia. Economic problems increasingly plagued the governments of Asia after the Second World War, and while Western governments were willing to help foster economic development, relations with Asian governments were somewhat hindered by the heritage of their colonial past. Problems also related to the growth of traditional trading ports and export crops, and to the importation of colonial regimes, western funds and skills in the nineteenth century. Such developments come under the loosely generalised concept of imperialism, with its strongly emotional overtones, whose use impedes the objective assessment and analysis of facts. While we understand a good deal about conditions of economic growth in the West, much of what has fostered or retarded growth in other parts of the world remains less clear.

In a complex political and environmental global landscape, it has never been more critical for global organizations to understand the past, present, and future of Chinese corporate governance: this book is the key.

Leveraging her dual-cultural background and using a board-level practitioner’s lens, Lyndsey Zhang offers insights that will help the global business community better understand Chinese companies’ corporate governance practices and economic development journeys, shorten the learning curve for global business leaders and investors, and explore different economic models that better suit emerging markets.

She addresses important questions such as:

• How does the Chinese government manage to retain its controlling position in Chinese companies while still making them attractive to global investors?
• What are the drivers for Chinese companies’ future corporate governance improvement?
• What is China’s position on the worldwide ESG and climate change movements?
• How can global practitioners feel less like "navigating in the dark" when working with Chinese companies?

This book will be an invaluable resource for anyone seeking to understand the rapidly changing world of Chinese corporate governance, including global investors, senior executives in multinational corporations, consultants, financial and political policymakers, business and law students, and researchers.

Philosophy, Society and the Cunning of History in Eastern Europe charts the intellectual landscape of twentieth century East-Central Europe under the unifying theme of 'precariousness' as a mode of historical existence. Caught between empires, often marked by catastrophic historic events and grand political failures, the countries of East-Central Europe have for a long time developed a certain intellectual self-representation, a culture that not only helps them make some sense of such misfortunes, but also protects them somehow from a collapse into nihilism. An interdisciplinary study of this sophisticated culture of survival and endurance has been long overdue. Not only is it charming and worth studying in its own right, but with the re-integration of the 'new Europe' into the 'old' one and the emergence on the 'Western' European intellectual scene of many authors from the 'East,' such a culture will also shape the European mind of the 21st century. This volume decodes and explores this culture of 'precariousness' from the complementary angles of philosophy, political theory, intellectual history and literary studies. Expert contributors look at a wide range of topics, from philosophical martyrdom to collective suffering to geographical fatalism, and explore the works of key authors in the field including Cioran, Kolakowski, Kertesz, Bauman and Zizek. This book was originally published as a special issue of Angelaki: The Journal of the Theoretical Humanities.

Outlining the different types of financial crime and their impact, this book is a user-friendly, up-to-date guide to the regulatory processes, systems and legislation which exist in the UK. Each chapter has a similar structure and covers individual financial crimes including money laundering, terrorist financing, fraud, insider dealing, market abuse, bribery and corruption and finally tax avoidance and evasion. Offences are summarized and their extent is evaluated using national and international documents. Detailed assessments of financial institutions and regulatory bodies are made and the achievements of these institutions are analysed. Sentencing and policy options for different financial crimes are included and suggestions are made as to how criminal proceeds might be recovered. This third edition has been fully updated and includes a new chapter on corporate financial crime.

While the dynamics of market attachments have been extensively analyzed, the implied other to this - market detachments - have not. This book addresses this imbalance and investigates economies of detachment or the processes whereby various elements or relations in markets are removed or severed. Market organizations and dynamics involve myriad processes of attachment - good and bad. Recent work within the new economic sociology has documented how the arts of attachment are implicated in the technical, organizational and social functions of markets. This work highlights the complexities of market attachments as both material links and subjective or affective ties. It also foregrounds attachment as a variable relation, often dependent on its implied other: detachment. However, while the first term of this relation is relatively well known, the second is seriously under-researched and deserves far more attention. Key questions explored are: what is detachment; how does it work and what are the theoretical underpinnings and implications of this concept? How do practices and strategies of detachment configure and 're-agence' markets? How do markets provoke attitudes and dispositions of detachment? How do detachment strategies become qualified as political and with what consequences? The authors in this unique collection explore these questions using an array of empirical cases ranging from fast fashion to food supply chains, energy savings schemes to unpackaged food. Working across economic sociology, science and technology studies (STS), cultural studies, politics and consumer research they highlight the complexities, significance and impacts of 'letting go' in market configurations. The chapters in this book were originally published as a special issue of the journal, Consumption, Markets & Culture.

By defining political economy and war in the broadest sense, this unique Handbook brings together a wide range of interdisciplinary scholars from economics, political science, sociology, and policy studies to address a multitude of important topics. These include an analysis of why wars begin, how wars are waged, what happens after war has ceased, and the various alternatives to war. Other sections explore civil war and revolution, the arms trade, economic and political systems, and post-conflict reconstruction and nation building. Policymakers as well as academics and students of political science, economics, public policy and sociology will find this volume to be an engaging and enlightening read. -- Publisher description.

First published in 1979, Political Economy and Soviet Socialism is an integrated selection of papers written over the past 12 years of Russian history, which offers a unique insight into some important and controversial issues. Professor Nove discusses the ideas of some of the leaders of the Russian revolution (Lenin, Trotsky and Bukharin), the political economy of socialism and the problems of the contemporary USSR. The author addresses the role of traditional Russian ideas in shaping the Soviet Union's social structure and the conceptual problems involved in defining its ruling stratum - whether or not it is a class. He also considers the criteria by which it is reasonable to judge Soviet reality, the performance and prospects of agriculture in communist-ruled Europe, the ability of the Eastern bloc to tackle problems of inflation and the obstacles to economic reform. Looking at the important and original developments of economic thought in the USSR and Eastern Europe, Professor Nove dissects the ideas of the ?new leftists? concerning the role of market forces under a feasible socialism. These papers offer essential reading for students of politics, economics and comparative social structure.

'This book is a remarkable and often inspirational tour de force. Martin Jones confidently moves between theories of political economy and stories of regional and urban policy, using each to inform the other. He brings the uneven geographies of England to life, showing how they are reproduced in practice, while also offering the prospect of alternative futures.' - Allan Cochrane, The Open University, UK Offering a geographical political economy analysis, this book explores the mechanisms, institutions, and spaces of subnational economic development. Martin Jones innovatively examines how policy-makers frame problems and offer intervention solutions in different cities and regions. Drawing on different approaches to state intervention, neoliberalism, crisis and contradiction theories, and notions of depoliticisation, this book explains policy failure and how it is impacted by flux surrounding economic development. With constant changes to legislation, institutional initiatives, and ministerial responsibility, local and regional economic development is shown to be at a critical crossroads. Theoretically innovative and empirically focused, this timely book is a must-read for researchers and policy-makers of urban geography, regional development, political economy and public policy.