National economies are linked through flows of capital and goods. This book addresses those linkages, analyzes their benefits for economic development, and evaluates a country’s opportunities to reap the best possible rewards by influencing the linkages. The book focuses on the role of product...

Preface -- Chapter 1: What Makes for an Effective Free Trade Agreement? Examination of Theory and Evidence -- Chapter 2: The Mode of Economic Cooperation in the “One Belt and One Road” Construction -- Chapter 3: Simulation on Trade Effects of CJK FTA and the Prospects of Negotiation --...

A Prelude to the Foundation of Political Economy is a groundbreaking volume of theory and strategy on political economy and polity of the twenty-first century. Distilled in concrete terms, it elucidates the enigma of oil in view of the centrality of global social relations.

Aronoff challenges the conventional view that reckless credit produced the US housing boom and the financial crisis, explaining how the large current account deficit, and its mercantilist origin, was a more fundamental cause

This book explores the various economic and institutional factors that explain why huge investments are made in unworthy transportation mega-projects in the US and other countries. It is based on research, the general literature, economic analyses, and results from a specifically collected...

This book underscores the complexity of the equity markets, the challenges they face, and the fact that they are still a work in process. Three interacting forces drive market change: competition, technology change, and regulatory change. The markets have one major objective in particular to...