This book aims to disentangle the complex relationship between innovation and its potential determinants, paying special attention to the roles of governance and regulatory frameworks, and the ways in which the latter interact with other drivers of innovation such as competition and the innovator's closeness to the technology frontier.The contributors provide theoretically grounded and empirically-rich findings indicating that governance and regulation affect innovation directly and indirectly through interaction with other drivers of innovation. The direct effects are positive in the case of governance quality and prescriptive regulations that set standards for compliance. However, the direct effects of corporate governance are not uniform and depend on the corporate governance dimension under investigation. The authors demonstrate that the direct effects are only part of the story. Both governance and regulatory standards interact with the level of competition and the distance to the technology frontier that may have complementary or offsetting effects. Overall, the findings in the book indicate that the relationship between innovation and its potential determinants is more complex and hence calls for more nuanced policy design compared to what is assumed in policy statements by national and international policy actors. This thought-provoking book will provide a stimulating read for a wide-ranging audience, including scholars and researchers in the fields of economics, industrial organization, public policy and innovation studies. Contributors: A. Conte, P. Demirel, P.-J. Engelen, G.S. Erickson, N. Hashem, F. Huet, E. Kesidou, S. Porcher, E. Trushin, M. Ugur, M. van Essen

Economic governance institutions (rules, norms and enforcement practices) define the cost and incentive structures that influence the decisions of economic actors. They therefore have a significant impact on micro and macro economic performance across countries and time. This book contributes to the growing governance literature in three ways. First, it extends the analysis to new areas such as power asymmetry, regulation, transnational company strategies, and law enforcement. Secondly, it examines the role of formal institutions that shape and enforce the rules/norms codified in law; but also private-ordering institutions that function under the umbrella of the State; and private institutions (such as market rules/norms) that provide reputational and other information that foster compliance. Finally, the book extends and enriches the governance debate, addressing issues such as the determinants of institutional quality and efficiency, and the interaction between actor networks and institutional norms. Does Economic Governance Matter? brings together state-of-the-art research and analysis that will appeal to academics and undergraduate and postgraduate students of economics, public policy, network analysis, corporate governance and business law. The book will also appeal to a wide range of practitioners and policymakers in areas such as regulation, competition, international development, corporate law and macroeconomic policy design.

First published in 1999, this volume draws on the theories of integration, credible policy commitments and convergence, this book demonstrates that the problematic evolution of the EU-Turkey relations has been due to an anchor / credibility dilemma: neither Turkey's European orientation was a credible commitment nor was the EU's anchoring capacity resolute enough to make policy reversals in Turkey less likely. The way out of this dilemma is to re-write the existing contracts so that non-transparency and the scope for discretion are minimised.

First published in 1999, this volume draws on the theories of integration, credible policy commitments and convergence, this book demonstrates that the problematic evolution of the EU-Turkey relations has been due to an anchor / credibility dilemma: neither Turkey's European orientation was a credible commitment nor was the EU's anchoring capacity resolute enough to make policy reversals in Turkey less likely. The way out of this dilemma is to re-write the existing contracts so that non-transparency and the scope for discretion are minimised.

This book examines the important issue of Turkey's relationship with Europe. The authors uniquely present the Turkish view of integration within the broad context of the debates on Europeanisation and sovereignty, but with a specific focus on the internal debates and issues in Turkey itself. Key issues considered include populism, economic policy design, nationalism, Islam, human rights, business, public attitudes to Europeanisation and the position of the Turkish polity.

Technically speaking, open economies are any that engage in international trade. However, the smaller the economy, the more "open" it can be presumed to be because fluctuations in international trade have a far greater impact on a country's trading conditions and it is unlikely to produce the full range of its own goods and services. The US, therefore, can be considered to be a relatively closed economy as its imports and exports amount to only a fraction of its gross domestic product. Smaller countries, on the other hand, rely much more heavily on their neighbours. "Open Economy Macroeconomics: A Reader" draws together the seminal contributions to the literature on macroeconomics in open economies and illuminates the material by way of a range of key features: discussion questions; suggestions for further reading; reference to the key journal articles in the field; and boxed key terms.