This edition will cement the book’s place as a major and accessible text in the field and will be of great interest to graduate and undergraduate students of welfare economics and microeconomic theory, as well as government economists involved with any area of public policy.

This book systematically addresses the issue of interdependence between road projects in a network, when prioritising and scheduling road expansion and maintenance. The book presents substantial applications for both rural and urban projects and to the optimization of maintenance. The authors...

Straightforward in style and cutting-edge in coverage, this volume will be highly usable both as a text and a reference. Advanced undergraduates and masters students in public policy, public administration, economics and health care administration programs will find this a valuable resource.

In the last two decades of the twentieth century evolutionary economics has become one of the most important and exciting developments in social science. It is associated with a huge theoretical, empirical and policy literature. Yet relatively little is known about the development of the...

Benefit–cost analysis is at heart a subject of practicality and usefulness. With this in mind, the editor has chosen the most relevant previously published articles for these volumes. Having explored the theoretical and ethical underpinnings of the subject, the book then addresses some major...

This book addresses a number of important topics and issues associated with China’s economic transition, growth and global integration. The chapters, by a distinguished group of scholars, provide a timely assessment of recent developments in the Chinese economy. The authors employ contemporary...

Benefit–cost analysis reduces all of the impacts of a proposed policy change to a common unit of measurement. It is used in a wide variety of fields including agriculture, life and health, transportation and the environment. In this single volume the editors, both leading scholars in their...

This book presents Korea’s economic strategy to meet the emerging challenges, as it recovers from the 1997 financial crisis and moves on into the globalization and information era. For important policy areas, the authors evaluate existing policies, and offer proposals for new strategic...

Singapore, South Korea and Taiwan – East Asia’s newly industrialised economies (the NIE-3) – experienced a profound development transformation over recent decades. Christopher Dent makes a comparative study of their foreign economic policies, highlighting how the NIE-3 have engaged with...

The theme of this extensive book is the relationship between consumption and growth in the context of the long run theory of effective demand. Taking Schumpeter’s views on economic development as a starting point, the author proposes an original framework for the analysis of consumption...