Based on the assumption that without understanding institutions, economists cannot make satisfactory policy prescriptions, this book draws some insightful conclusions on the strengths and limitations of applied economics in the field of heritage. Sicily provides an interesting and unique...

This volume collects a set of important articles that provides a wealth of broad insights into the causes and consequences of regulation. They show beyond doubt that this field of study is remarkably lively and filled with controversy.

The political economy of international trade and trade policy – at both the domestic and international levels – has spawned a vast literature from both economists and political scientists. This two volume set includes seminal contributions to our understanding of international...

This timely book reveals that the budget deficits and accumulating debts that plague modern democracies reflect a clash between two rationalities of governance: one of private property and one of common property. The clashing of these rationalities at various places in society creates forms of...

This collection of important previously published articles reflects the vigorous implementation of privatization in Europe and the deregulation in the United States over the last quarter century. The evolution of the movements is described, both intellectually and politically. Deregulation and...

The public choice approach combined with theoretical welfare economics and institutions will prove a stimulating and engaging read for those with a special interest in public sector economics, public choice and Austrian economics.

After the 1997 Asian crisis, most Asian countries embarked on a serious process of reform to revitalise their economies. This highly topical book begins with a thorough analysis of the reforms proposed and implemented in China, South Korea, Japan, Thailand and Malaysia. This analysis focuses on...

Improving Irrigation in Asia is based on a longitudinal study over two decades on innovative intervention for sustained performance of irrigation systems. The work identifies key factors that can help explain the performance of interventions, and explicates lessons for resource management and...

Rejecting the market-failure hypothesis, Dr Foldvary argues that an entrepreneur can provide collective goods by consensual community agreements. Instead of focusing particular services, as previous studies have done, this book concerns itself with entire private communities. A series of case...

The book presents an overview of the general aspects of trade uncertainty, a central element in the analysis of economic diplomacy, illustrating that some instruments, such as sanctions (both positive and negative), increase trade uncertainty, whilst others – multilateral trade policy, for...