This volume offers a rousing defense of pro-free-trade policies and their benefits for developing countries. Through cross-country evidence and detailed case studies, Arvind Panagariya demonstrates the need for trade openness for sustained growth and poverty alleviation.

"This book systematically analyzes the economic dynamics of large emerging economies from an extended Comparative Capitalisms perspective. Coining the phrase 'state-permeated capitalism', the authors shift the focus of research from economic policy alone, towards the real world of corporate and...

The thesis consists of three chapters, which deal with a number of issues at the intersection of Macroeconomics, Labor Economics, Development Economics and Monetary Economics. The third chapter titled "Monetary Policy Choices Under Currency Substitution" deals with a monetary policy question...

Many developing market economies were strongly distorted during the 1960s and 1970s by fashionable policies to force industrialisation and they experienced growth collapses when exposed to the price shocks of the 1970s. In this context, the centrally planned economies were even more highly...

This thought-provoking book considers the global challenges and challengers to the economic supremacy of the West. Jan Winiecki explores the various problems that the West must deal with in order to remain an efficient competitor in the world economy. These, he argues, are primarily consequences...

'Not only is this excellent collection of papers a fitting tribute to Angus Maddison, it is also a great resource for thinking about future patterns of global economic growth both in the BRICS and the OECD based on key insights from historical experience.' (Nicholas Crafts, University of...