These two volumes bring together the most influential articles surrounding the Efficient Markets Hypothesis debate, from Paul Samuelson’s pathbreaking proof that properly anticipated prices fluctuate randomly to Fischer Black’s study of noise traders, from Eugene Fama’s empirical...

Scholars and policymakers have long been interested in the relationship between international institutions, foreign trade, and interstate conflict. This timely volume presents the most important published articles that address these crucial issues. The articles are organized into three parts....

Taiwan, once one of the world’s leading manufacturing economies, is now transforming into a service economy, with an emphasis on knowledge-based services. This metamorphosis has not been easy. As well as major changes in the industrial sector, human resource and policy development have been...

China’s accession to the WTO is one of the most important policy changes in China’s long process of liberalizing its foreign trade and foreign direct investment. It is also a major world economic event with profound repercussions. This book addresses the issues raised by China’s accession...

Discussing Economics treats discussion – meaning formal consideration of questions about a reading – as a new approach to learning economics. Setting out a detailed approach modeled on the ideas of Mortimer Adler and the Great Books Foundation, the authors explain why instructors should...

General Equilibrium Theory has been one of the major intellectual developments in economics during the past half-century. The theory of general equilibrium is centred on an inquiry about human societies which has several of the characteristics of a fundamental scientific question. In an economy,...

The authors examine the singularity of the Chinese experience in building up its extensive telecommunications network in merely a decade, by reviewing China’s national industrial policies and institutional reforms within the industry. The reader will find in this volume a unique and in-depth...

This Handbook provides an extensive overview of the relationships between transport and development. With 45 chapters from leading international authors, the book is organised in three main parts: urban structure and travel; transport and spatial impacts; and wider dimensions in transport and...

Black markets, rationing, shortages – these and other issues are covered in this important collection which presents a selection of the best literature on the impact of price controls on wages, investment and real output in the short and long runs. The book covers a wide range of episodes...

Dissatisfaction with the working of courts is ubiquitous. Legal inertia and maladministration are the norm in many countries and have significant social and economic repercussions. No longer a theme relegated to the peripheries of economic analysis, the administration of justice is now...