In an increasingly interdependent world, many of the most important issues are driven by economic forces. This series applies newly developed economic techniques to some of the most pressing contemporary problems. The aim of the series is to demonstrate the relevance of modern economic theory to the modern world economy, and to provide key reading for researchers and policy-makers.
Special Economic Zones (SEZs) have become a popular development policy throughout the world over the last half a century. These zones form designated areas where governments offer businesses lower taxes, tariffs, and often lighter regulations. Generally, SEZs aim to attract investments and raise a…
Hardback – 2017-03-26
Routledge
Routledge Studies in the Modern World Economy
Economics tends to teach that developed countries have good institutions, while developing countries do not, and that this is the factor that constrains their growth. However, the picture is far messier than that suggests. The objective of this book is to take stock of the institutional debate and…
Hardback – 2017-03-01
Routledge
Routledge Studies in the Modern World Economy
The Randstad metropolitan region encompassing Amsterdam, The Hague, Rotterdam and Utrecht in the western Netherlands is regarded worldwide as a model of a ‘successful’ polycentric metropolis. It is widely cited as an example of an effectively functioning region made up of inter-connected small…
Hardback – 2017-01-01
Routledge
Routledge Studies in the Modern World Economy
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…
Paperback – 2016-12-12
Routledge
Routledge Studies in the Modern World Economy
For economists, policy-makers, and historians who want to learn how the Korean labor market dealt with the 1997 financial crisis and how this informed future policies, this volume provides a succinct summary of what Korean experts know and how they view the problems the country must overcome to…
Paperback – 2016-12-12
Routledge
Routledge Studies in the Modern World Economy
Agriculture productivity, growth and regional change in post-colonial India from a spatial perspective have yet to be rigorously examined and in particular, the impacts of economic liberalisation, globalisation and deregulation have not been empirically investigated at a small-area level using more…
Hardback – 2016-11-23
Routledge
Routledge Studies in the Modern World Economy
Although China is now the ‘factory of the world’, there is no reason to expect that it will always be content with manufacturing labor-intensive goods for foreign corporations. Scholars must now ask: What is the current level of innovation in China? And how can we face this challenge and renovate…
Paperback – 2016-11-09
Routledge
Routledge Studies in the Modern World Economy
In spite of many years of negotiation on trade liberalization, progress seems to have stalled. This book explores why resistance to further market liberalization seems so strong, given that the benefits are seen to outweigh the costs. This volume argues that in order to understand the slow progress…
Paperback – 2016-11-09
Routledge
Routledge Studies in the Modern World Economy
Before the recent Ukrainian crisis, Russia was one of the main sources of foreign direct investment (FDI) outflow and one of the main targets of FDI inflow in the world. However, the events in the Ukraine, the formation of the Eurasian Economic Union, and China’s growing interest in the Russian…
Hardback – 2016-11-07
Routledge
Routledge Studies in the Modern World Economy
The efficient market hypothesis (EMH) maintains that all relevant information is fully and immediately reflected in stock prices and that investors will obtain an equilibrium rate of return. The EMH has far reaching implications for capital allocation, stock price prediction, and the effectiveness…
Hardback – 2016-10-26
Routledge
Routledge Studies in the Modern World Economy
The 1997 Asian Crisis and 9/11 were turning points for the world economy. The two events reminded the Western World of the dynamic impacts of globalisation and the increased uncertainty the world was facing. This book examines the threats to the world economy arising in the wake of the…
Hardback – 2016-08-31
Routledge
Routledge Studies in the Modern World Economy
This book offers a discerning narrative on the spectacular rise and fall of the so-called Celtic Tiger economy. It depicts Ireland as a micro-state with a unique reliance on foreign-assisted businesses, driven in part by a favourable taxation regime. It shows that rent-seeking by trades unions and…
Paperback – 2016-08-12
Routledge
Routledge Studies in the Modern World Economy
The Political Economy of China’s Great Transformation consists of three parts: first, covering the current political transformation, providing a general political background for the socio-economic, fiscal and urban and rural transformation. The book analyses the economic transformation and…
Hardback – 2016-08-03
Routledge
Routledge Studies in the Modern World Economy
This book examines the causes of the economic and political crisis in Argentina in 2001 and the process of strong economic recovery. It poses the question of how a country which defaulted on its external loans and was widely criticized by international observers could have succeeded in its growth…
Paperback – 2016-06-20
Routledge
Routledge Studies in the Modern World Economy
The role of fiscal policy in short-run macroeconomic stabilization is, by now, well known in the academic literature and in policy circles. However, this focus on the short-run, especially in a democracy, means that much less attention has been paid to the other consequences of the use of fiscal…
Hardback – 2016-06-14
Routledge
Routledge Studies in the Modern World Economy
This volume presents an entirely new analysis of the economics of futures markets, that will be of interest to both specialists in the area and the generalist economist seeking a new perspective. Through a combination of theoretical investigation and empirical application, three important themes…
Paperback – 2016-06-01
Routledge
Routledge Studies in the Modern World Economy
In nearly all OECD countries, the labour market has been in flux in recent decades. This book examines the labour markets and the institutional frameworks that condition their functioning in four different countries: Canada, the United States, Denmark and Sweden. Through a comparative study of…
Paperback – 2016-05-31
Routledge
Routledge Studies in the Modern World Economy
Well-functioning labour markets are a precondition for economic development. In order to function smoothly the market needs to be able to adjust effectively and quickly to new developments. An understanding and analysis of adjustment processes within labour markets is therefore essential for…
Paperback – 2016-05-26
Routledge
Routledge Studies in the Modern World Economy
Liberalism and Chinese Economic Development brings international contributors together in order to consider economic, political, social and legislative aspects of China’s modernization. This volume explores how liberalism is received and perceived, and whether it is adapted or adopted upon the…
Hardback – 2016-05-09
Routledge
Routledge Studies in the Modern World Economy
Due to the financialization of housing in today’s market, housing risks are increasingly becoming financial risks. Financialization refers to the increasing dominance of financial actors, markets, practices, measurements and narratives. It also refers to the resulting structural transformation of…
Hardback – 2016-05-05
Routledge
Routledge Studies in the Modern World Economy
The existing literature provides very little information on the real and current process of waste disposal and recycling in China. China generates large amount of waste and it covers about 20 % of the world waste trade. This book focuses on China’s waste management and recycling policy. The book…
Hardback – 2016-04-28
Routledge
Routledge Studies in the Modern World Economy
With increased resilience in the financial systems, emerging Asian economies were less affected by the recent global financial crisis, recovering more quickly from the crisis than major advanced economies. Yet, Asian financial systems remain underdeveloped. More open and efficient…
Paperback – 2016-04-25
Routledge
Routledge Studies in the Modern World Economy
Written by experts in their respective areas, this book is an excellent review of theories, policies and empirical evidences on important topics in global economic development. The book is both a superb teaching tool and a valuable handbook in development economics. The volume compiled 13 articles…
Paperback – 2016-04-21
Routledge
Routledge Studies in the Modern World Economy
This book offers a collaborative investigation of the policies and practices which have redeveloped local and national economies in the aftermath of the global economic crisis which erupted in 2008. It explores 'localised' models of economic development, including problems of diversity and balance…
Hardback – 2016-03-24
Routledge
Routledge Studies in the Modern World Economy
How does culture shape history, and history shape culture? This book answers this question by bringing readers on a fascinating journey through the evolution of Chinese culture, political and legal institutions, and "national character" of historical and contemporary China. It illustrates how "…
Hardback – 2016-03-24
Routledge
Routledge Studies in the Modern World Economy
Brutality is the defining characteristic of terrorism. It is despairing to learn that this brutality is the outcome of purposeful, rational, human behaviour. In this purposefulness, however, there lies the key to the interpretation, explanation and understanding of terrorist behaviour. Ultimately,…
Hardback – 2016-03-21
Routledge
Routledge Studies in the Modern World Economy
Capacity building looks at developing the infrastructure, institutions and people and is critical to the development and participation of humans in the economy and society. Capacity building ranges from schools, roads and hospitals through to health and welfare systems, education, communication and…
Hardback – 2016-02-23
Routledge
Routledge Studies in the Modern World Economy
Institutional change is a central driving force behind social changes, and thus a central topic in all major fields of social sciences. Yet, no general theory of institutional change exists. Drawing from a diverse literature, this book develops a general theory of institutional change, based on a…
Paperback – 2016-01-21
Routledge
Routledge Studies in the Modern World Economy
Economic globalization is the process of increased integration among nations, characterized and fostered by three elements of international trade- goods and services, international capital flows, and international migration. In recent decades, international economic integration has increased both…
Hardback – 2015-11-10
Routledge
Routledge Studies in the Modern World Economy
East Asia is a key region in the global economy, including both the second and third largest global economies already and, led by China, continuing to expand at a rapid rate. This economic growth has led to unprecedented gains in prosperity in the region but it has also led to increasing…
Hardback – 2015-09-15
Routledge
Routledge Studies in the Modern World Economy
The words of US President John F. Kennedy, "the rising tide lifts all boats," can be applied to inclusive growth in contemporary Asia, where the poor are able to participate in and benefit from economic growth. Moving Out of Poverty explores three channels through which economic growth confers…
Hardback – 2015-09-07
Routledge
Routledge Studies in the Modern World Economy
In the past two decades, several millions of IT-enabled services jobs have been relocated or ‘offshored’ from the US and Europe to, in particular, low cost economies around the world. Most of these jobs so far have landed in South and South-East Asia, with India and the Philippines receiving the…
Hardback – 2015-09-07
Routledge
Routledge Studies in the Modern World Economy
Corruption is increasingly placed on top of the agenda of national governments and supra national institutions, such as the OECD, UN or the World Bank. A necessary condition for promoting sustainable economic growth is the pre-existence of a stable political system which is able to control…
Hardback – 2015-08-18
Routledge
Routledge Studies in the Modern World Economy
The Pacific region is in the final stage of the demographic transition with declining fertility and expanding life expectancy, where significant changes in population size and age distribution, i.e. "aging" have been and will be witnessed. They are unprecedented and going to affect economic growth…
Paperback – 2015-08-14
Routledge
Routledge Studies in the Modern World Economy
Recent events in the global financial markets and macro economies have served as a strong reminder for a need of a coherent theory of capitalist crisis and analysis. This book helps to fill the gap with well-grounded alternative articulations of the forces which move today's economic dynamics, how…
Paperback – 2015-08-14
Routledge
Routledge Studies in the Modern World Economy
The Bank for International Settlements (BIS), founded in 1930, works as the "Bank for Central Banks". The BIS is an international forum where central bankers and officials gather to cope with international financial issues, and a bank which invests the funds of the member countries. This…
Paperback – 2015-08-14
Routledge
Routledge Studies in the Modern World Economy
Available research suggests that less developed countries have significant competitive advantage over developed countries in three major areas of international trade: agriculture, textiles and clothing (T&C), and cross-border labor mobility. Incidentally, these are also the trade sectors which…
Hardback – 2015-08-06
Routledge
Routledge Studies in the Modern World Economy
After more than 30 years of reformations in agriculture, manufacturing and trade and industry, China’s economy has grown to become the second largest in the world. This book examines the contributions of dynamic entrepreneurs to the economic development of mainland China and Hong Kong – an analysis…
Hardback – 2015-08-04
Routledge
Routledge Studies in the Modern World Economy
This book provides a state-of-the-art overview of the changes and development of the civil international aircraft/aviation industry. It offers a fully up-to-date account of the international developments and structure in the aircraft and aviation industries from a number of perspectives, which…
Hardback – 2015-07-09
Routledge
Routledge Studies in the Modern World Economy
The subnational dimension of infrastructure has emerged as one of the greatest challenges in contemporary public finance policy and management. Ensuring the efficient provision of infrastructure represents a challenge for all countries irrespective of their level of centralization or…
Hardback – 2015-07-02
Routledge
Routledge Studies in the Modern World Economy
There are many problems regarding poverty, inequality and growth in developing countries in Asia and Africa. Policy makers at the national level and at international institutions such as the United Nations, World Bank, International Monetary Fund and others have implemented various policies in…
Hardback – 2015-06-22
Routledge
Routledge Studies in the Modern World Economy
The book aims to identify key issues and developments in ASEAN-5 that illustrate the transition of this region towards a knowledge-based economy. The book contributes to understanding the opportunities and challenges faced by emerging economies. It explains the transition…
Paperback – 2015-06-09
Routledge
Routledge Studies in the Modern World Economy
Freight Transport and the Modern Economy adapts a well-known textbook by Michel Savy, revising, extending and updating it for British, European and international readers. It deals not only with the technical aspects of transport, logistics and supply chain management, but also the interactions…
Paperback – 2015-05-22
Routledge
Routledge Studies in the Modern World Economy
It may well be surprising to say that the world should look to India as a model of gender equality. India’s banking sector proves the exception, with several women reaching the highest positions in India’s top banks, including the country’s largest bank. Based on interviews and surveys of bank…
Hardback – 2015-03-25
Routledge
Routledge Studies in the Modern World Economy
Due to technical advances in production and communication technology, outsourcing – contracting out production of intermediate materials and services – has affected the economic growth of the ASEAN region. This new book fills an important gap in the literature looking at the impact outsourcing has…
Paperback – 2015-03-04
Routledge
Routledge Studies in the Modern World Economy
Based on extensive ethnographic and quantitative research, conducted in Ukraine and Russia between 2004 and 2012, this book’s central argument is that for many people the informal economy, such as cash in hand work, subsistence production and the use of social networks, is of great importance…
Paperback – 2015-03-04
Routledge
Routledge Studies in the Modern World Economy
Korea was the first non-G7 member and Asian country to host the recent G20 Summit, acting as a bridge between advanced and developing nations. At the G20 Seoul Summit, green growth as well as development and a global financial safety net were on the agenda. Against this backdrop, the aim of this…
Hardback – 2015-02-17
Routledge
Routledge Studies in the Modern World Economy
Globalization is a phenomenon which has attracted much attention in the past, but there are still many questions that remain unanswered. This book categorizes globalization into three types: Financial Globalization, the collapse of the Cold War order and the ensuing convergence toward the…
Hardback – 2015-02-11
Routledge
Routledge Studies in the Modern World Economy
The adoption and management of the common currency has led the Eurozone to a critical point. This book analyzes in an interdisciplinary way the fundamental causes of distress, making sure to relate economic issues to the social and political aspects of the problem. The book explores the reasons why…
Hardback – 2015-01-23
Routledge
Routledge Studies in the Modern World Economy
In 1991 "Communism" collapsed. The cold war was over and the West had won. Whole cities, Moscow, St Petersburg, Warsaw, Beijing, Budapest and Bucharest, whole countries indeed, were privatised for nothing or next to nothing. This was probably the greatest expansion of the world market in history.…
Hardback – 2014-12-17
Routledge
Routledge Studies in the Modern World Economy