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This book analyses one of the most controversial areas in the political economy of international trade, namely the issues surrounding the creation of new 'trade rules'. Various concerns are addressed, including the environment, labour standards, intellectual property rights, trad...e facilitation, competition policy, investment and government procurement, to many conventional trade topics including the trade and development linkage. Nanda combines theoretical analysis with valuable insights derived from interactions with trade negotiators, politicians and activists, arguing for a dynamic policy framework, particularly in developing countries, with regular upgrading. He questions the effectiveness of the current global trade order in promoting development, highlighting not only the inability of conventional economics to capture the reality of international trade but also the neglect of some basic principles of economics. Nanda also argues that the WTO is not the right forum for addressing development issues because trade liberalization has traditionally been its objective.
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Challenges the accepted notion that the transition from the command economy to market based systems is complete across the post-Soviet space. Based on research, conducted in Ukraine and Russia between 2004 - 2007, this book states that the economies that operate across post-Sovie...t spaces are far from the textbook idea of a market economy.
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This book looks at the growing economic impact of the Asian Driver economies and particularly China on global prices and though this on other low income economies. Farooki and Kaplinsky consider both the possibility of a sustained rise in commodity prices as well as the growing f...inancialisation of global commodity markets and exploring the interconnections between these issues discuss the theory and policy related challenges ahead. In the midst of a sustained global economic crisis, the authors argue that countries like China follow a commodities-intensive growth-path and that the strategic significance of commodities prices lies not so much in their nominal prices, but in their prices relative to other sectors (manufactures and services); thus, economic crisis will affect not only the commodities sector.
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Stability of the electricity industry is crucial for the economic growth of all nations. Sustainable economic growth cannot be accomplished without a secure energy supply. Therefore management of the electricity industry should be conducted with careful planning and most by effic...ient form of electricity market structure. The book undertakes the performance study of the electricity market and creates a unique database ranging from the lowest level (generator) to the highest level (company) of aggregation by utilizing detailed information on generation and finances. It analyzes the efficiency differences among generators, plants and business units by using different performance measurement methods and a comprehensive sensitivity analysis. The book is useful to energy economists and policy makers as it identifies and examines different production factorsa (TM) effectiveness and relationships in generation. It provides explanations to the differences in performance of the studied units. It discusses the implications of the findings for the future resource allocation and further efficiency enhancement of the industry.
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Edited by Xia, Donglin
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- RRP: $294.00
- $294.00
- To Order/ Indent titles
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This book is a collection of teaching cases on two Chinese companies, UFIDA and Founder. The cases describe the management practices of typical Chinese companies. UFIDA is a well-known company providing management software while Founder is a long-established high-tech company. Th...e book aims at providing readers with original, first-hand materials, based on a theoretical framework, and broadening readers' vision regarding China's business niche in terms of culture, strategy, corporate governance, business environment, organizational dynamics, marketing, human resource, finance and the potential business partnerships with Chinese enterprises and the Chinese people. The cases are comprehensive and descriptive. This book appeals to top executives and leaders of multinational companies with ambitions to expand or already vested business interest in China. It is also of valuable use to companies specializing in international trade. The book helps shed insight into the great business opportunities in the development of China.
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Inequality is one of the most discussed topics of our times. Yet, we still do not know how to tackle the issue effectively. The book argues that this is due to the lack of understanding the structures responsible for the persistence of social inequality. It enquires into the mech...anisms that produce and reproduce invisible dividing lines in society. Based on original case studies of Brazil, Germany, India and Laos comprising thousands of interviews, the authors argue that invisible classes emerge in capitalist societies, both reproducing and transforming precapitalist hierarchies. At the same time, locally particular forms of inequality persist. Social inequality in the contemporary world has to be understood as a specific combination of precapitalist inequalities, capitalist transformation and a particular class structure, which seems to emerge in all capitalist societies. The book links the configurations to an interpretation of global domination as well as to symbolic classification.
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The book reveals the interconnection between social, cultural and political protest movements and social and economic changes in a post-communist country like Russia still dominated by bureaucratic rulers and oligarchs controlling all basic industries and mining activities. Those... interests are also dominating Russia's foreign policy and explain why Russia did not succeed in becoming an integral part of Europe. The latter is, at least, wished by many Russian citizens.
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The Regional Comprehensive Economic Partnership (RCEP) aims to achieve greater integration between the ASEAN region and its six free trade agreement (FTA) partners (India, China, Japan, Australia, New Zealand and Korea). The RCEP is the only agreement to include three economies w...hich are amongst the seven biggest economies of the world - China, Japan and India. The book opens with an introduction to the current status of economic integration and factors that would affect it and looks at key issues like non-tariff barriers, evolving investment regulations in China (in the context of FTAs), connectivity initiatives to integrate the region, rules of origin in the context of value chain integration in selected sectors as well as region specific aspects of South Asia and South East Asia which would shape the regional economic architecture going forward. With an attempt to cover key imperatives, the book concludes by noting primary impediments to easier trade and investment flows in the region, highlighting possible policy recommendations to improve economic integration.
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This book provides a comprehensive overview for various segments of the global credit default swap (CDS) markets, touching upon how they were affected by the recent financial turmoil. The book uses empirical analysis on credit default swap markets, applying advanced econometric m...ethodologies to the time series data. It covers not only well-studied sovereign credit default swap markets but also sector credit default swap indices (i.e., CDS index for the banking sector) and corporate credit default swap indices (i.e., Markit iTraxx Japan CDS index), which have not been fully examined by the previous literature. The book also investigates causality and co-movement among several credit default swap markets, or between CDS and other financial markets.
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Examining the behaviour of real interest rates in eleven developed countries, this work sets out to show that generalizations can be hazardous and factors specific to individual countries are still of vital importance.
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