This title focuses on three areas of interaction between developed countries and the rest of the world: trade, migration and foreign direct investment.

This book provides a historical perspective of the Uruguay Round agreement and focuses on the interaction between the developed and developing countries on matters relating to the global trading system and its disciplines since the founding of General Agreement on Tariffs and Trade.

This book provides a historical perspective of the Uruguay Round agreement and focuses on the interaction between the developed and developing countries on matters relating to the global trading system and its disciplines since the founding of General Agreement on Tariffs and Trade.

The essays in this volume are written by leading economists working on the Indian economy. They collectively emphasize the importance of policies and institutions for sustained growth and poverty reduction, stressing that the success of sector-specific policies is vitally dependent on the nature of markets and the functioning of institutions such as those charged with regulating and overseeing critical sectors. Individual contributions assess the role of Indian government policy in several key sectors and emphasize the policies required to ensure improvements in these sectors. The first section discusses aspects of the macro economy; the second deals with agriculture and social sectors; the third with jobs and how labor markets function in agriculture, industry and services; and the fourth with infrastructure services, specifically those of electricity, telecommunications, and transport. The essays are drawn from the most influential papers presented in recent years on Indian economic policy at the Stanford Center for International Development.

This third volume of the "Handbook of Development Economics" employs rigorous theoretical and empirical frameworks. It focuses on policy and includes material from unpublished and not generally available sources. In
particular, it covers analytical and policy issues arising from the collapse of the paradigm of development based on import-substituting-industrialization in most developing countries; and the demise of centrally planned economies of
Eastern Europe and the Soviet Union. The volume also deals with the increasing recognition of the importance of micro behavioral responses to a range of incentives and unobserved factors both for analysis and for policy formulation.
It discusses the ongoing process of economic reforms in developing countries by reducing state involvement in the economy through privatization, opening up the economy much more to foreign trade and investment and allowing market forces and the private sector to guide resource allocation to a much greater extent. As well as updating developments on topics which were included in the earlier volumes, this Handbook also includes different topics, such as econometric and
other empirical modeling tools for development analysis and the role of technology in the development process.

As in the previous volumes of the series, the chapters in this Handbook provide self-contained surveys summarizing not only received knowledge but also recent developments. Each chapter is also a definitive source, reference and teaching supplement for use by researchers and advanced graduate students.

After nearly five decades of insulation from world markets, state controls, and slow growth, India embarked in 1991 on a process of liberalization of controls and progressive integration with the global economy in an effort to put its economy on a path of rapid and sustained growth. Despite major changes in the government since then, the thrust on reforms has been maintained. According to the World Bank, only 10 out of 145 countries had more rapid growth than India at over 6 percent per year in the 1990s and two had the same as India's. In this study, T. N. Srinivasan and Suresh D. Tendulkar analyze the economics and politics of India's recent and growing integration with the world economy. They argue that this process has to be nurtured and accelerated if India is to eradicate its poverty and take its rightful place in the global economic system.The study covers the historical roots and the political economy of India's late integration; domestic and external constraints on integration; external capital inflows including foreign direct investment; and India's emerging comparative advantage in the information technology industry and services, particularly computer software. The final chapter offers policy recommendations including proposals that India could make at the ongoing Doha Round of multilateral trade negotiations.

For this Handbook authors known to have different views regarding the nature of development economics have been selected. The Handbook is organised around the implications of different sets of assumptions and their associated research programs. It is divided into three volumes, each with three parts which focus on the broad processes of development.
This third volume of the Handbook of Development Economics employs rigorous theoretical and empirical frameworks. It focuses on policy and includes material from unpublished and not generally available sources. In particular, it covers analytical and policy issues arising from the collapse of the paradigm of development based on import-substituting-industrialization in most developing countries; and the demise of centrally planned economies of Eastern Europe and the Soviet Union. The volume also deals with the increasing recognition of the importance of micro behavioral responses to a range of incentives and unobserved factors both for analysis and for policy formulation. It discusses the ongoing process of economic reforms in developing countries by reducing state involvement in the economy through privatization, opening up the economy much more to foreign trade and investment and allowing market forces
and the private sector to guide resource allocation to a much greater extent. As well as updating developments on topics which were included in the earlier volumes, this Handbook also includes different topics, such as econometric and other empirical modeling tools for development analysis and the role of technology in the development process.
As in the previous volumes of the series, the chapters in this Handbook provideself-contained surveys summarizing not only received knowledge but also recent developments. Each chapter is also a definitive source, reference and teaching supplement for use by researchers and advanced graduate students.

For more detailed information on the Handbooks in Economics series, please see our home page on http: //www.elsevier.nl/locate/hes

This important collection of essays covers such subjects as the impact of changing global trade policies on India; the charting of a free trade area in South Asia; India's informal trade with Bangladesh and Nepal; India-Bangladesh bilateral trade; a plan to strengthen regional trade cooperation in South Asia with special reference to India and Pakistan; a comparative analysis of the Chinese and Indian experience of multinational and expatriate foreign direct investment; foreign direct investment and economic integration in the SAARC region and health policy challenges for India.

For this Handbook authors known to have different views regarding the nature of development economics have been selected. The Handbook is organised around the implications of different sets of assumptions and their associated research programs. It is divided into three volumes, each with three parts which focus on the broad processes of development. Volume 1 of the Handbook begins by discussing the concept of development, its historical antecedents, and alternative approaches to the study of development, broadly construed. The second part is devoted to the structural transformation of economies. The role that human resources play in economic development is the focus of the last section of this volume.

For more detailed information on the Handbooks in Economics series, please see our home page on http: //www.elsevier.nl/locate/hes

Economic ties between South and East Asia can be traced back to the time of the ancient Silk Road. In the recent past, these sub-regions have made great progress towards reviving close economic links among their countries, fuelled by domestic reforms and emergence of regional production networks. More recently, bilateral and regional-level initiatives have also largely enhanced integration. If such initiatives succeed, could these sub-regions grow to dominate global trade? This book evaluates the economic implications of increasing cooperation between the two regions, providing empirical analyses for informed policy decisions and improved outcomes. Exploring the role of market forces as well as domestic and regional policies, it examines how integration helps in spurring inclusive economic development in small economies. It also focuses on the prospects for India's integration with East Asia, elaborating on its role as the biggest driver of integration in the sub-region.

The essays in this volume are written by leading economists working on the Indian economy. They collectively emphasize the importance of policies and institutions for sustained growth and poverty reduction, stressing that the success of sector-specific policies is vitally dependent on the nature of markets and the functioning of institutions such as those charged with regulating and overseeing critical sectors. Individual contributions assess the role of Indian government policy in several key sectors and emphasize the policies required to ensure improvements in these sectors. The first section discusses aspects of the macro economy; the second deals with agriculture and social sectors; the third with jobs and how labor markets function in agriculture, industry and services; and the fourth with infrastructure services, specifically those of electricity, telecommunications, and transport. The essays are drawn from the most influential papers presented in recent years on Indian economic policy at the Stanford Center for International Development.

This collection focuses on the ways in which federalism has affected and been affected by economic reform, especially global integration. The editors and contributors focus in particular on the political economy of institutional and economic change - how the division of authority between national and subnational governments shapes debates over policy changes, as well as how the changing economic environment creates incentives to modify the basic agreements between levels of governments. Each chapter contains a historical overview, and an in-depth account of division of authority, lines of accountability, and legislative, bureaucratic, and other arenas in which the levels of government interact for a particular country. The analyses are based on reform (or non-reform) episodes for each country - most from recent history, but some spanning the century. As a collection, the country studies span a range of developing and industrial countries with varying political systems.

This 2005 volume brings together twelve papers by many of the most prominent applied general equilibrium modelers honoring Herbert Scarf, the father of equilibrium computation in economics. It deals with developments in applied general equilibrium, a field which has broadened greatly since the 1980s. The contributors discuss some traditional as well as some modern topics in the field, including non-convexities in economy-wide models, tax policy, developmental modeling and energy modeling. The book also covers a range of distinct approaches, conceptual issues and computational algorithms, such as calibration and areas of application such as macroeconomics of real business cycles and finance. An introductory chapter written by the editors maps out issues and scenarios for the future evolution of applied general equilibrium.

When Gustav Ranis began his scholarly career in the field of economic development, the global economy presented a landscape of widely contrasting conditions for its participants. Almost two-thirds of the global population was ill-fed, ill-housed, illiterate, and lacking access to proper medical care. Today, four decades later, while standards of living have generally improved, and some areas of Asia, Latin America, and the Middle East have become highly productive economies, the gap between the wealthy few and the rest of the world has widened. Very significant areas of the globe remain desperately poor. In a much-needed effort to assess the current issues facing developing countries and development economics, Ranis's former students, present and past colleagues at Yale, and fellow development economists honor him with this volume. Contributors examine and evaluate four areas of concern: duality and the evolution of labor markets in developing economies; trade, technological transfer, and economic development; the international economic regime and economic development; and finance and economic development. Among many new findings, several essays present evidence that duality in labor markets may be self-perpetuating absent selective government intervention. Others find that, contrary to earlier conjectures, trade liberalization will have more than just a one-time impact on national economic performance. Still others suggest that using a nominal exchange rate anchor as a tool of stabilization policy in developing economies is fraught with difficulties. Contributors include Albert Berry, Willem Buiter, Jonathan Eaton, Robert Evenson, Gary Fields, Mark Gersovitz, Koichi Hamada, Yujiro Hayami, Samuel Kortum, Anne Krueger, Poori Marino, Richard Nelson, Jennifer C. O'Hara, Keijiro Otsuka, Howard Pack, Janet Rothenberg Pack, Jonathan Putnam, Mark Rosenzweig, Gary Saxonhouse, T. N. Srinivasan, Frances Stewart, Joseph Stiglitz, and Brian Wright.

This collection focuses on the ways in which federalism has affected and been affected by economic reform, especially global integration. The editors and contributors focus in particular on the political economy of institutional and economic change - how the division of authority between national and subnational governments shapes debates over policy changes, as well as how the changing economic environment creates incentives to modify the basic agreements between levels of governments. Each chapter contains a historical overview, and an in-depth account of division of authority, lines of accountability, and legislative, bureaucratic, and other arenas in which the levels of government interact for a particular country. The analyses are based on reform (or non-reform) episodes for each country - most from recent history, but some spanning the century. As a collection, the country studies span a range of developing and industrial countries with varying political systems.

This 2005 volume brings together twelve papers by many of the most prominent applied general equilibrium modelers honoring Herbert Scarf, the father of equilibrium computation in economics. It deals with developments in applied general equilibrium, a field which has broadened greatly since the 1980s. The contributors discuss some traditional as well as some modern topics in the field, including non-convexities in economy-wide models, tax policy, developmental modeling and energy modeling. The book also covers a range of distinct approaches, conceptual issues and computational algorithms, such as calibration and areas of application such as macroeconomics of real business cycles and finance. An introductory chapter written by the editors maps out issues and scenarios for the future evolution of applied general equilibrium.