The latest global financial and economic crisis of 2008 has shown the need to re-examine the desirability of financial liberalization. This book is undertaking such a study on the issue of financial and market liberalization by adopting sophisticated econometric methods. It examines the effects...

A two-sector model of a developing country consisting of agriculture and industry is presented. Growth and structural change are discussed in variants with exogenous as well as endogenous technical progress, algebraically and by numerical simulations. Consequences from taking into account...

This book makes an analytical study of implications of the new set of non-tariff barriers that are forthcoming on the exports of the developing countries in the disguise of quality regulations and environmental standards. It argues that in the present era of globalization, with technological...

PART 1: 1774-1800 -- Chapter 1. The Extent of Steam Power Diffusion in Britain, 1774-1800: A Revision -- Chapter 2. Engineering Skills and the Efficiency of Steam Engines During Watt’s Patent -- Chapter 3. The Annual Cost of Watt vs. Newcomen Engines During the Duration of Watt’s Patent and...

Introduction -- Chapter 1: Theoretical framework and methodology -- Chapter 2: The impact of industrial revolution on the periphery - an "astonishing reversal" -- Chapter 3: Two technological revolutions and a predominantly falling behind period -- Chapter 4: The fourth Long Wave and a...