Routledge Studies in the Modern World Economy
About the Book Series
In an increasingly interdependent world, many of the most important issues are driven by economic forces. This series applies newly developed economic techniques to some of the most pressing contemporary problems. The aim of the series is to demonstrate the relevance of modern economic theory to the modern world economy, and to provide key reading for researchers and policy-makers.
The Russian Economy and Foreign Direct Investment
1st Edition
Edited
By Kari Liuhto, Sergei Sutyrin, Jean-Marc F. Blanchard
September 30, 2020
Before the recent Ukrainian crisis, Russia was one of the main sources of foreign direct investment (FDI) outflow and one of the main targets of FDI inflow in the world. However, the events in the Ukraine, the formation of the Eurasian Economic Union, and China’s growing interest in the Russian ...
Wealth, Inclusive Growth and Sustainability
1st Edition
Edited
By Shunsuke Managi
September 30, 2020
The excessive pursuit of economic interests has resulted in severe environmental and social problems, such as climate change, biodiversity loss, and inequality and disparity. There is an urgent need for broader measures of progress to complement Gross Domestic Product (GDP). This book provides a ...
Information Efficiency and Anomalies in Asian Equity Markets: Theories and evidence
1st Edition
Edited
By Qaiser Munir, Sook Ching Kok
August 14, 2020
The efficient market hypothesis (EMH) maintains that all relevant information is fully and immediately reflected in stock prices and that investors will obtain an equilibrium rate of return. The EMH has far reaching implications for capital allocation, stock price prediction, and the effectiveness ...
Chinese Trade: Trade Deficits, State Subsidies and the Rise of China
1st Edition
By Rich Marino
June 30, 2020
There’s no question, compared to the advanced economies China’s economic growth rates have been spectacular, but in most instances the economic analysts tend to forget that a large part of China’s growth has been dictated by government industrial subsidies. How did China go from a bit player ...
Entrepreneurship and Local Economic Development: A Comparative Perspective on Entrepreneurs, Universities and Governments
1st Edition
Edited
By Bruno Dallago, Ermanno Tortia
June 30, 2020
This book focuses on the nature and role of entrepreneurship in modern developed and emerging economies and societies, its relation to governments and universities, and its role in the often-forgotten informal economy. The aim is to position entrepreneurship in the post-crisis context and explore ...
The Future of the Economy: East-West Perspectives on Pathways Through Disruption
1st Edition
By John Powers, Vikram Khanna
May 07, 2020
As the pace of economic change seems to only quicken, including rapid technological advance, today’s advanced economies face uncertainty from a number of directions, most of which have the potential to change established modes of thinking and the institutional arrangements that underpin basic ...
Varieties of Capitalism in History, Transition and Emergence: New Perspectives on Institutional Development
1st Edition
By Martha Prevezer
December 12, 2019
Economics tends to teach that developed countries have good institutions while developing countries do not, and that this is the factor that constrains the latter's growth. However, the picture is far messier than this explanation suggests.Building on the varieties of capitalism framework, this ...
Financial Reform in China: The Way from Extraction to Inclusion
1st Edition
By Changwen Zhao, Hongming Zhu
September 25, 2019
This book focuses on the importance for China to correct the present imbalance in the relationship between the financial sector and the real economy. The book looks at China’s current financial system in terms of "extractive" and "inclusive". It asserts that the financial sector is producing huge "...
Indian Agriculture after the Green Revolution: Changes and Challenges
1st Edition
Edited
By Binoy Goswami, Madhurjya Prasad Bezbaruah, Raju Mandal
September 25, 2019
From a country plagued with chronic food shortage, the Green Revolution turned India into a food-grain self-sufficient nation within the decade of 1968-1978. By contrast, the decade of 1995-2005 witnessed a spate in suicides among farmers in many parts of the country. These tragic incidents were ...
Culture, Institution, and Development in China: The economics of national character
1st Edition
By C. Simon Fan
September 23, 2019
How does culture shape history, and history shape culture? This book answers this question by bringing readers on a fascinating journey through the evolution of Chinese culture, political and legal institutions, and "national character" of historical and contemporary China. It illustrates how "...
Achieving Food Security in China: The Challenges Ahead
1st Edition
By Zhang-Yue Zhou
June 04, 2019
China’s food security has never failed to attract the public’s attention. Feeding China’s large population has always been a huge challenge. The latest large-scale famine took place in 1958–62 during which approximately 37 million people died of starvation. However, since the early 1980s, China’s ...
Agricultural Growth, Productivity and Regional Change in India: Challenges of globalisation, liberalisation and food insecurity
1st Edition
By Surendra Singh, Prem Chhetri
June 04, 2019
Agriculture productivity, growth and regional change in post-colonial India from a spatial perspective are yet to be rigorously examined. In particular, the impacts of economic liberalisation, globalisation and deregulation are not being empirically investigated at a small-area level using advanced...