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Modern development strategy relies heavily on uncompromising orthodox economic theory and a dogmatic faith in market efficiency. In contrast, the essays in this volume aim to emphasize the importance of historic experiences to evolve a more realistic and dynamic view of how such development could be formalized.
Modern development strategy relies heavily on uncompromising orthodox economic theory and a dogmatic faith in market efficiency. In contrast, the essays in this volume aim to emphasize the importance of historic experiences to evolve a more realistic and dynamic view of how such development could be formalized.
This vital new Handbook is an authoritative volume presenting key issues in finance that have been widely discussed in the financial markets but have been neglected in textbooks and the usual compilations of conventional academic wisdom. A wide range of topics including the recent economic crisis, capital controls, the Franc Zone, quantitative easing and securitization, as well as the key controversies associated with them, are explored and explained in depth by well-known authorities in finance and economics. Designed to complement and expand upon standard textbooks as well as the specialist critical literature on particular topics in finance, this informative Handbook will prove invaluable to academics, researchers and students focusing on economics, finance and heterodox economics.
This edited volume represents a collective contribution to the current debates on developing university research capacity. The chapters in this volume offer empirical case studies from post-Soviet countries which share a common history, common policies and practices of higher education. These commonalities make the regional focus meaningful and analytically valid. At the same time, the case studies demonstrate divergence from the shared Soviet tradition and offer historical, sociological, and political analyses of how and in what ways universities in former Soviet countries internalised their research mission and developed the capacity to carry out this mission. This volume is the first of its kind to examine national and institutional resources, political will, and individual agency to understand how these influenced universities’ motivation, expertise, and opportunities of undertaking research since the early 1990s, and how universities changed their structures and practices under these influences. The book will appeal to students and scholars in the fields of education, sociology, political science, and economics.
This edited collection seeks to advance thinking on money and the monetary nature of the economy, macroeconomic analysis and economic policy, setting it within the context of current scholarship and global socioeconomic concerns, and the crisis in the economics discipline. A key aim is to highlight the central contribution that Sheila Dow has made to these fields. Bringing together an impressive panel of contributors, this volume explores topics including central bank independence, liquidity preferences, money supply endogeneity, financial regulation, regional finance and public debt. The essays in this first collection of two will be thought-provoking reading for advanced students and scholars of macroeconomics, monetary economics, central banking and heterodox economics. Contributors have a broad range of professional experience at universities, central banks, business, development institutions and policy advisories.
In the twenty years since the dissolution of the Soviet Union, the fifteen new independent republics have embarked on unprecedented transitions from command economies into market-oriented economies. Important motivating factors for their reform efforts included issues of geographic and economic proximity to Europe and the influence of the pre-Soviet era histories in those countries. In the Shadow of Russia builds upon the conceptual frameworks that include geography and policy choices about economic integration in an analysis of the reform efforts of Kazakhstan and Uzbekistan. Blackmon's book addresses such central questions as: How and in what areas has a republic's previous level of integration with Soviet-era Russia influenced its present economic orientation? What are the contributing factors that explain the differences in how leaders ( of a similar regime type) developed economic reform policies? To answer these questions, the author utilizes information from both the economic and the political literature on post-communist transitions, as well from political speeches.
This book is open access under a CC BY 4.0 license. This open access book is a result of the first ever study of the transformations of the higher education institutional landscape in fifteen former USSR countries after the dissolution of the Soviet Union in 1991. It explores how the single Soviet model that developed across the vast and diverse territory of the Soviet Union over several decades has evolved into fifteen unique national systems, systems that have responded to national and global developments while still bearing some traces of the past. The book is distinctive as it presents a comprehensive analysis of the reforms and transformations in the region in the last 25 years; and it ...
Uzbekistan, long considered the center of Central Asia, has the region’s largest population and borders every other regional state including Afghanistan. For the first 25 years of its independence, it adopted a cautious, defensive policy that emphasized sovereignty and treated regional efforts at cooperation with skepticism. But after taking over as President in autumn 2016, Shavkat Mirziyoyev launched a breathtaking series of reform initiatives. His slogan – “it is high time the government serves the people, not vice versa” – led to large-scale reforms in virtually every sector. Time will tell whether the reform effort will succeed, but its first positive fruits are already visible, particularly in a new dynamism within Uzbek society, as well as a fresh approach to foreign relations, where a new spirit of regionalism is taking root. This book is the first systematic effort to analyze Uzbekistan’s reforms.