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This book, originally published in 1981, discusses the various
welfare effects - including ai, debt, trade and labour flows - of
the rise in oil prices and revenues which took place in the 1970s.
These complex effects and the negotiating stances of the developing
countries are all examined an dinvestigated, drawing upon a wide
range of sources and material for the more quantitative parts.
Throughout, however, the treatment is non-mathematical and is
written in clear English accessible not only to bankers and
polititians, but also students of economics, international
relationjs and area studies.
This book, originally published in 1981, discusses the various
welfare effects - including ai, debt, trade and labour flows - of
the rise in oil prices and revenues which took place in the 1970s.
These complex effects and the negotiating stances of the developing
countries are all examined an dinvestigated, drawing upon a wide
range of sources and material for the more quantitative parts.
Throughout, however, the treatment is non-mathematical and is
written in clear English accessible not only to bankers and
polititians, but also students of economics, international
relationjs and area studies.
It is an unfortunate truth that our oceans offer valuable resources
that are too often used unsustainably. Time and again this is due
to the failure of international law to provide a framework for
adequate governance. Economics of the Oceans examines this issue
and provides a comprehensive study of ocean uses from the
perspectives of law and economics. Themes covered in the book
include ocean governance, the economics of oceanic resource
exploitation, offshore oil, coral reefs, shipwrecks and maritime
piracy. Analytical techniques such as basic game theory,
environmental economics of the commons and cost-benefit analysis
are employed to illuminate the topics. This book will be of
interest to students of environmental economics, natural resource
economics and management, and the economics of international law as
relating to the oceans.
It is an unfortunate truth that our oceans offer valuable resources
that are too often used unsustainably. Time and again this is due
to the failure of international law to provide a framework for
adequate governance. Economics of the Oceans examines this issue
and provides a comprehensive study of ocean uses from the
perspectives of law and economics. Themes covered in the book
include ocean governance, the economics of oceanic resource
exploitation, offshore oil, coral reefs, shipwrecks and maritime
piracy. Analytical techniques such as basic game theory,
environmental economics of the commons and cost-benefit analysis
are employed to illuminate the topics. This book will be of
interest to students of environmental economics, natural resource
economics and management, and the economics of international law as
relating to the oceans.
This Palgrave Pivot presents theoretical models that explain common
historical sequences, such as wars of secession, the rise and fall
of empires, and international war. The book uses a rational choice
model to frame the incentives of specific groups coming together in
a polity or leaving it. These incentives are then set in a
theoretical framework to determine the outcome-unity or secession,
peace or war-and are demonstrated through historical examples. The
book provides two longer case studies looking directly at motives
for and against secession: the first on the American Civil War from
the point of view of the Confederacy, and the second on efforts by
the UK government to stem the tide of Scottish independence.
Another case study discusses peacekeeping as aimed at reducing the
costs of secessionist wars. With its accessible use of economic
theory and ability to bring to life real-world examples of conflict
and secession, this book is ideal supplementary reading for courses
in international relations, conflict studies, global economics and
economic history.
Fiscal autonomy could raise economic growth and efficiency in
Scotland, benefiting both Scotland and the rest of the United
Kingdom. C. Paul Hallwood and Ronald MacDonald discuss how other
reform proposals, which amount to cutting Scotland's block grant,
would not be seen as legitimate by Scottish voters, and would be
unlikely to reduce the burden on the Westminster budget. The
authors demonstrate how public finances can be organized to
minimize the price of tranquillity in multi-regional states.
Advances proposed in the 'new fiscal federalism' literature are
used to explain why fiscal autonomy would be a superior system
compared to the present block grant system and fiscal federalism,
whereby Scotland would be granted limited tax powers. Their
extensive review of recent econometric studies finds that tax
devolution in other countries has been largely successful.
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