This book sheds light on the dollarization trends of four transitional economies in Southeast Asia: Cambodia, Lao PDR, Myanmar, and Vietnam. Moving beyond the tendency to focus on the Latin American experience of dollarization and prolonged high inflation, the chapters in this book compare how...

The offshore currency market is a foundation of offshore bond market, helping well-established corporations in global financing. Following the global financial tsunami in 2008 and European debt crisis in 2009-2011, this book aims to document the latest issues, challenges, trends and thoughts...

Chapter 1: Introduction: Luigi L. Pasinetti—A Leading Scholar of the Second Generation of the Cambridge School of Keynesian Economics -- Part I: Life and Research Activity of Luigi L. Pasinetti -- Chapter 2: Youth at Zanica, Bergamo, and Academic Studies at the Catholic University of Milan,...

This book examines the relationships among leadership, the quality of the management process and business results. Drawing from the pioneering contributions of Chester I. Barnard, this book defines the role and characteristics of an effective and efficient manager in the new knowledge economy....

This book argues that Lionel Robbins’s construction of the economics field’s organizing cornerstone, scarcity-and all that has been derived from it from economists in Robbins’s time to today-no longer can generate general consent among economists. Since Robbins’ Essay, economists have...

This latest volume in the Collaborative Biography of Hayek examines the interconnectedness between Hayek’s (1944) The Road to Serfdom and George Orwell’s Animal Farm (1945) and Nineteen Eighty-Four (1949); his relationship with Karl Popper and Karl Polanyi; and the work of Wilhelm von...

This book is a major contribution to the study of political economy. With chapters ranging from the origins of political economy to its most exciting research fields, this handbook provides a reassessment of political economy as it stands today, whilst boldly gesturing to where it might head in...

Hayek claimed that he always made it his rule ‘not to be concerned with current politics, but to try to operate on public opinion.’ However, evidence suggests that he was a party political operative with ‘free’ market scholarship being the vehicle through which he sought - and achieved -...

Empirical laws are rare in economics. This book describes efforts to anchor economic knowledge to invariant empirical laws. It links 17th and 18th century Galilean monetary economists to econophysics, a field that emerged in the mid-1990s. This virtual journey from past to present is charted by...

This book explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Set within a context of the recent financial crisis, alongside the renewed interest in Hayek and the Hayek-Keynes debate, the book introduces the main themes of...