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The rise of the institutionalist and evolutionary approaches in economics has posed a serious intellectual challenge to the dominant neo-classical paradigm. This book draws together leading scholars in the fields of institutional and evolutionary economics who apply cutting-edge research to one of the most controversial issues of our day, namely, the role of the state.
This book argues that the current international intellectual property rights regime, led by the World Trade Organization (WTO), has evolved over the past three decades toward overemphasizing private interests and seriously hampering public interests in access to knowledge and innovation diffusion. This approach concentrates on tangible and codified knowledge creation and diffusion in research and development (R&D) that can be protected via patents and other intellectual property rules and regulations. In terms of global policy initiatives, however, it is becoming increasingly clear that the WTO in particular is mostly a conflict-resolution facility rather than a global governance body able to generate cooperation and steer international coordinated policy action. At the same time, rent extraction and profits streaming from legal hyperprotection have become pervasively important for firm strategies to compete in a globalized marketplace. “Knowledge Governance: Reasserting the Public Interest” offers a novel approach – knowledge governance – in order to move beyond the current regime.
This book sheds new light on the role played by European banks in the economic colonization of much of the globe. Based on previously unused archival material, it examines the origins and development of imperial banking systems. Contributors utilize new developments and methodology in business history to explore a broad range of countries including Cuba, Brazil, Portugal, South Africa and Algeria. The central topic of interest in this book is the institutional history of central, issuing and rediscounting banks. While much attention has been paid to the British, Dutch and French banks and financial instituions, this book is unique in its focus on colonial and overseas banking. Using a range of case studies, this book highlights both the immense variety and cohesion that defined colonial banking practices. This book will be of interest to researchers concerned with international finance and banking and economic history.
Are humans at their core seekers of their own pleasure or cooperative members of society? Paradoxically, they are both. Pleasure-seeking can take place only within the context of what works within a defined community, and central to any community are the evolved codes and principles guiding appropriate behavior, or morality. The complex interaction of morality and self-interest is at the heart of Geoffrey M. Hodgson’s approach to evolutionary economics, which is designed to bring about a better understanding of human behavior. In From Pleasure Machines to Moral Communities, Hodgson casts a critical eye on neoclassical individualism, its foundations and flaws, and turns to recent insights f...
The book aims at offering a comparative, multi-perspective analysis of the different, at times parallel, at times with varying degrees of interdependence, macroeconomic and structural adjustments in the two continents against the backdrop of important processes of regional integration. Its reading offers a multifaceted appreciation of the reality emerging from the mixing up of longer run tendencies deepened by the brute force of the financial and then industrial crisis.
In this volume a group of eminent economists and other social scientists seek to present an innovative new approach to economic development, drawing in part from certain heterodox intellectual traditions within economics as well as from the other social sciences. The intention is to point the way theoretically to a much more sophisticated understanding of economic development. The ultimate prize, they show, by grounding theory in a more accurate analysis of social change, is policies that really will deliver higher economic growth and greater social justice worldwide.
A comparative study of the First World War's economic and socio-political repercussions in Latin America.
National governments are ill-equipped for tackling transnational environmental problems, from ozone depletion to soaring trade in commodities like timber and shrimp. As these issues climb higher on the political agenda, industrial and developing countries are on a collision course over climate change and water shortages. Goods, money, microbes, pollution, people and ideas are crossing global boundaries evermore frequently. The implications for our future and for the health of the planet are profound. This text describes what we need to do to cope with the challenge.
Deforestation in the Amazon, one of today's top environmental concerns, began during a period of rapid colonization in the 1970s. Throughout that decade, Anna Luiza Ozorio de Almeida, a Stanford-trained economist, conducted a complex and massive economic study of what was going on in the Amazon, who was investing what, what was gained, and what it cost in all its aspects. The Colonization of the Amazon, the resulting work, brings together information on the physical, demographic, institutional, and economic dimensions of directed settlement in the Amazon Basin and raises significant questions about the gains and losses of the settlers, the reasons for these outcomes, and the economic rationale behind the devastation of the rainforest. Particularly illuminating is Almeida's exploration of the role of the frontier in Brazil and her distinction between types of migrants and migrations. She concludes that the political costs avoided by not undertaking agrarian reform are being paid by devastating the Amazon, with the conflict between distribution and conservation steadily worsening. Today, it can no longer be circumvented.