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Routledge Studies in the Modern World Economy


About the Series

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.

185 Series Titles

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Human Evolution, Economic Progress and Evolutionary Failure

Human Evolution, Economic Progress and Evolutionary Failure

1st Edition

Bhanoji Rao
April 24, 2017

This monograph is an innovative endeavour in many ways. First, it brings to the fore the synergy between human evolution and economic and social progress. Second, it acknowledges the critical contributions from the routine adherence to contextual truth and contextual non-violence of humanity at ...

Varieties of Capitalism in History, Transition and Emergence New Perspectives on Institutional Development

Varieties of Capitalism in History, Transition and Emergence New Perspectives on Institutional Development

1st Edition

Martha Prevezer
March 22, 2017

Economics tends to teach that developed countries have good institutions while developing countries do not, and that this is the factor that constrains the latter's growth. However, the picture is far messier than this explanation suggests. Building on the varieties of capitalism framework, this ...

The Political Economy of Special Economic Zones Concentrating Economic Development

The Political Economy of Special Economic Zones Concentrating Economic Development

1st Edition

Lotta Moberg
March 13, 2017

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 ...

Russia’s Changing Economic and Political Regimes The Putin Years and Afterwards

Russia’s Changing Economic and Political Regimes The Putin Years and Afterwards

1st Edition

Andrey Makarychev, Andre Mommen
December 09, 2016

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 ...

The Korean Labour Market after the 1997 Economic Crisis

The Korean Labour Market after the 1997 Economic Crisis

1st Edition

Joonmo Cho, Richard B. Freeman, Jaeho Keum, Sunwoong Kim
December 09, 2016

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 ...

International Trade Negotiations and Domestic Politics The Intermestic Politics of Trade Liberalization

International Trade Negotiations and Domestic Politics The Intermestic Politics of Trade Liberalization

1st Edition

Oluf Langhelle
November 30, 2016

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...

Trade, Theory and Econometrics

Trade, Theory and Econometrics

1st Edition

James R. Melvin, James C. Moore, Raymond G Riezman
November 18, 2016

This book brings together cutting edge contributions in the fields of international economics, micro theory, welfare economics and econometrics, with contributions from Donald R. Davis, Avinash K. Dixit, Tadashi Inoue, Ronald W. Jones, Dale W. Jorgenson, K. Rao Kadiyala, Murray C. Kemp, Kenneth M. ...

Agricultural Growth, Productivity and Regional Change in India Challenges of globalisation, liberalisation and food insecurity

Agricultural Growth, Productivity and Regional Change in India Challenges of globalisation, liberalisation and food insecurity

1st Edition

Surendra Singh, Prem Chhetri
November 10, 2016

Agriculture productivity, growth and regional change in post-colonial India from a spatial perspective are yet to be rigorously examined. In particular, the impacts of economic liberalisation, globalisation and deregulation are not being empirically investigated at a small-area level using advanced...

The Russian Economy and Foreign Direct Investment

The Russian Economy and Foreign Direct Investment

1st Edition

Kari Liuhto, Sergei Sutyrin, Jean-Marc F. Blanchard
October 26, 2016

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 ...

Innovation and Regional Development in China

Innovation and Regional Development in China

1st Edition

Ingo Liefner, Yehua Dennis Wei
November 07, 2016

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 ...

Information Efficiency and Anomalies in Asian Equity Markets Theories and evidence

Information Efficiency and Anomalies in Asian Equity Markets Theories and evidence

1st Edition

Qaiser Munir, Sook Ching Kok
October 18, 2016

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 ...

Irish Economic Development High-performing EU State or Serial Under-achiever?

Irish Economic Development High-performing EU State or Serial Under-achiever?

1st Edition

Eoin O'Leary
August 12, 2016

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 ...

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