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Funding and the Quest for Sovereignty in Palestine
This book explores the political economy of governance in Palestine. It makes a unique contribution to studies of governance and political economy using the Palestinian Authority (PA) as a case study, introducing and developing the concept of ‘dual rentierism’. The author uses primary research to chart the evolution of the fiscal sociology of the PA and explore how it has shaped the PA’s economic policies and the state–society relationship in the Palestinian Territories. The book adopts a critical political economy approach, making the case that external sources of PA income represent political rents that need to be disaggregated and studied concurrently. It further focuses on the drivers and constraints that have shaped the PA’s policy development and state-building associated with its dependence on external revenues. Ultimately, the book elaborates on how the need for fiscal survivability has thwarted the Palestinian quest for statehood.
The Economics Of Export Restrictions
Export restrictions represent an economic phenomenon that has existed for millenia. This report is the result of a two-year research project on the subject of free access to commodity markets carried out jointly by the David Horowitz Institute for the Research of Developing Countries, Tel Aviv University and the Ibero-Amerika Institut, University of Goettingen. The project was financed by a grant from the Volkswagen Foundation.
Perspectives on Keynesian Economics
This book combines historical and policy-oriented perspectives on the relevance of the Keynesian approach for economic theory, policy, and crisis analysis. The first part focuses on historical, theoretical, and methodological issues, and puts them in context with current developments. The second part focuses on the application of the Keynesian approach to modeling the economy, policy-making, and analyzing the ongoing crisis of the early 21st century. Bringing together contributions by leading macroeconomists such as Laidler, Cukierman, Colander and Boyer, and leading historians of economics such as Hollander, Boianovsky, Marcuzzo, Dimand, Witztum, Young, deVroey and Arnon, the book offers a comprehensive overview of Keynesian economics today. One of the book’s most essential features are the commentaries on the papers, which promote a cross-fertilization between macroeconomists and historians of economics, providing, in conjunction with the papers themselves, a balanced outlook on the current relevance of Keynesian economics.
Financial Markets in Perspective
This book examines financial markets from a historical perspective. Bringing together contributions from leading historians of economic thought, economists and economic historians, it offers an integrated approach and reflects on the workings of financial markets, their impact on and relation with the rest of the economy and how their role was and is understood by economics. The contributions cover topics such as classical and modern economic thinking on financial markets and institutions, as well as financial models and innovations, and also present case studies on financial history and on policy issues. The historical perspective leads to a representation of markets not as abstract and timeless mechanisms but as institutions populated by a diversity of agents, subject to rules and customs, and influenced by scientific developments and economic theories.
Expectations
This book provides a unique historical perspective on expectations in economic theory, and applications of expectations models in economic history. Based on papers presented at the 2017 Thomas Guggenheim Conference, it brings together the work of economists, historians of economics, and economic historians on issues and events concerning expectations in economics and economic history. The contributions address: (i) the history of expectations models; (ii) growth, expectations and political economy; (iii) controversies regarding expectations methods and models; (iv) expectations in theory and reality; and (v) expectations in economic history. The book opens with a lecture by Thomas Guggenheim...
A.C. Pigou and the 'Marshallian' Thought Style
This book provides a study of the forces underlying the development of economic thought at Cambridge University during the late nineteenth century and the first half of the twentieth century. The primary lens it uses to do so is an examination of how Arthur Cecil Pigou’s thinking, heavily influenced by his predecessor, Alfred Marshall, evolved. Aspects of Pigou’s context, biography and philosophical grounding are reconstructed and then situated within the framework of Ludwik Fleck’s philosophy of scientific knowledge, most notably by drawing on the notions of ‘thought styles’ and ‘thought collectives’. In this way, Knight provides a novel contribution to the history of Pigou's economic thought.
China's and India's Challenge to Latin America
The economic successes of China and India are viewed with admiration but also with concern because of the effects that the growth of these Asian economies may have on the Latin American and Caribbean (LAC) region. The evidence in 'China's and India's Challenge to Latin America' indicates that certain manufacturing and service industries in some countries have been negatively affected by Chinese and Indian competition in third markets and that LAC imports from China and India have been associated with modest unemployment and adjustment costs in manufacturing industries. The book also provides substantial evidence of positive aggregate effects for LAC economies associated with China's and India's greater presence in world exports, financial flows, and innovation. Chinese and Indian growth is creating new production possibilities for LAC economies, particularly in sectors that rely on natural resources and scientific knowledge.
The Israeli Economy from the Foundation of the State through the 21st Century
This book analyzes the development of the Israeli economy in its historical context. It shows how the ideology of the dominant group in the Zionist movement led to the development of agriculture, thus meeting the preconditions for successful industrialization. Remarkable, if uneven, growth has taken place, with increasing allocations for defense. Regional isolation led to the emphasis on high-quality exports for developed markets that has stimulated the technological base. Israel has benefited from mass immigration and increased access to foreign capital, factors that have transformed the economy. The book includes chapters on the development of the Jewish community in Palestine during the British Mandate; macroeconomic developments and economic policy; globalization and high technology; defense; the economics of the Arab minority; Israeli settlements and relations with the Palestinians; and the role of religion. It concludes with an examination of the socioeconomic divisions that have widened as the economy has grown.
The Palestinian Economy
This book offers the only comprehensive overview of the Palestinian economy in the West Bank and Gaza. It focuses on the unique features of this unusual economy during the last thirty years. Under Israeli occupation, the Palestinian economy suffered from poorly developed domestic labor and capital markets, and considerable dependence on the highly developed Israeli economy for employment, trade and financial resources. The book analyses past trends, present conditions and alternative arrangements for the future. A comprehensive data set is used and, for the first time, the public is presented with a detailed picture of the Palestinian economy, with tables and graphs. The authors propose new institutional arrangements between the Palestinian and Israeli economies - an economic filters plan - which will promote neither total integration nor total separation. The book will be of great value to anyone interested in the political economy of the Middle East, the economics of occupation and the Israeli-Palestinian conflict.
Global Liberalism, Local Populism
In recent years the conflicts in Israel/ Palestine and Northern Ireland continue to oscillate between momentum for peaceful resolution and regression into new cycles of violence or political deadlock. To understand these shifts Guy Ben-Porat provides an in-depth analysis of the global environment and the profound effect it has on local conflicts. Because globalization affects localized social structures, institutions, and political divisions as well as international relationships between states and societies, it offers a unique perspective from which to examine the commonalities and differences between two regions laden with conflict. Ben-Porat reveals how the complex and often contradictory...
