In the post-Cold War era, economic globalization has loomed, at least for some, as the world system's next crisis carrier, creating winners and losers and trampling on the distinctiveness of local cultures. Yet the liberal assumption is that if the market does its job, the poor will catch up to the rich via trade-driven growth and the economies of developed and less developed countries will gradually converge.

Investigating the processes of economic globalization, this book explores whether it is truly a "global" process. It examines how globalization is experienced around the world, comparing its intensity and impact in both the global North and South. Using a world systems approach and developing a theoretical analysis that builds on the leadership long-cycle approach to global political economy, this book seeks to dispel some of the myths widely propagated regarding economic development. Through a focus on the issues of technological diffusion, debt, conflict, and democratisation, the authors demonstrate how and why the asymmetries that have characterized the global North and South in the past and present are growing more acute.

This important book will be of interest to students and scholars of international political economy, globalisation, international trade and development.

In this book, Quan Li and Rafael Reuveny combine the social scientific approach with a broad, interdisciplinary scope to address some of the most intriguing and important political, economic, and environmental issues of our times. Their book employs formal and statistical methods to study the interactions of economic globalization, democratic governance, income inequality, economic development, military violence, and environmental degradation. In doing so, Li and Reuveny cross multiple disciplinary boundaries, engage various academic debates, bring the insights from compartmentalized bodies of literature into direct dialogue, and uncover policy tradeoffs in a growingly interconnected political-economic-environmental system. They show that growing interconnectedness in the global system increases the demands on national leaders and their advisors; academicians and policy makers will need to cross disciplinary boundaries if they seek to better understand and address the policy tradeoffs of even more complex processes than the ones investigated here.

The Handbook of Public Sector Economics builds an understanding of the role of public economics in public administration, public policy, and decision making. The handbook introduces a wide variety of current issues related to the public provision and production of goods and services.
The volume documents the history of economics and fiscal doctrine, explores the theory of public goods and the structures from which resources are collected and expanded, and analyzes heavily debated issues of economics that are important to current and future practitioners of public policy and administration. It focuses on the effects of fiscal policy on savings and investment, consumer behavior, labor supply, wealth, property, and trade. Written in a simple and straightforward style, the initial chapters establish the foundation of public economics, with the subsequent chapters addressing the collection and distribution of government resources and market reactions to fiscal policies.

In the post-Cold War era, economic globalization has loomed, at least for some, as the world system's next crisis carrier, creating winners and losers and trampling on the distinctiveness of local cultures. Yet the liberal assumption is that if the market does its job, the poor will catch up to the rich via trade-driven growth and the economies of developed and less developed countries will gradually converge. Investigating the processes of economic globalization, this book explores whether it is truly a "global" process. It examines how globalization is experienced around the world, comparing its intensity and impact in both the global North and South. Using a world systems approach and developing a theoretical analysis that builds on the leadership long-cycle approach to global political economy, this book seeks to dispel some of the myths widely propagated regarding economic development. Through a focus on the issues of technological diffusion, debt, conflict, and democratisation, the authors demonstrate how and why the asymmetries that have characterized the global North and South in the past and present are growing more acute. This important book will be of interest to students and scholars of international political economy, globalisation, international trade and development.

In this book, Quan Li and Rafael Reuveny combine the social scientific approach with a broad, interdisciplinary scope to address some of the most intriguing and important political, economic, and environmental issues of our times. Their book employs formal and statistical methods to study the interactions of economic globalization, democratic governance, income inequality, economic development, military violence, and environmental degradation. In doing so, Li and Reuveny cross multiple disciplinary boundaries, engage various academic debates, bring the insights from compartmentalized bodies of literature into direct dialogue, and uncover policy tradeoffs in a growingly interconnected political-economic-environmental system. They show that growing interconnectedness in the global system increases the demands on national leaders and their advisors; academicians and policy makers will need to cross disciplinary boundaries if they seek to better understand and address the policy tradeoffs of even more complex processes than the ones investigated here.