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Unmaking China's Development
A ground-breaking new study of China's development paradox - predicated on informal and ambiguous institutions - through property and resources.
Private Rights and Public Problems
Consumers constantly confront intellectual property rights (IPRs) every day, from their morning cup of Starbucks coffee to the Intel chip on their computer at work. Intellectual property rights help protect creative inventions in the form of trademarks, copyrights, and patents. Despite legal protection, many goods--including music and video files--are easily copied or shared, which affects industries, innovators, and customers. In his follow-up to one of the most popular PIIE titles of all time, Keith Maskus looks at the expansion of private legal rights into international trade markets, not only for technological items but also for international public goods like vaccines and prescription d...
Wellbeing Economics
Economists have long sought to maximise economic growth, believing this to be their best contribution to improving human welfare. That approach is not sustainable in the face of ongoing issues such as global climate change, environmental damage, rising inequality and enduring poverty. Alternatives must be found. This open access book addresses that challenge. It sets out a wellbeing economics framework that directly addresses fundamental issues affecting wellbeing outcomes. Drawing inspiration from the capabilities approach of Nobel Prize winner Amartya Sen, the book demonstrates how persons can enhance prosperity through their own actions and through collaboration with others. The book examines national public policy, but its analysis also focuses on choices made by individuals, households, families, civil society, local government and the global community. It therefore offers important insights for anyone concerned with improving personal wellbeing and community prosperity.
Paradise Redefined
In 2004, Vanessa Fong offered a groundbreaking ethnographic exploration of the social, economic, and psychological development of children born since China's one-child policy was introduced in 1979. Her book Only Hope left readers with a picture of stressed, ambitious adolescents for whom elite status was the ultimate goal, though relatively few were in a position to achieve it. In Paradise Redefined, Fong tracks the experiences of many in her initial cohort of Chinese only-children—now college-age—as they study abroad in Australia, Europe, Japan, New Zealand, North America, and Singapore. While earning a prestigious college education in China is the main path to elite status, study abro...
Applied Mechanics, Mechatronics and Intelligent Systems - Proceedings of the 2015 International Conference (ammis2015)
This book consists of one hundred and twenty-five selected papers presented at the 2015 International Conference on Applied Mechanics, Mechatronics and Intelligent Systems (AMMIS2015), which was held in Nanjing, China during June 19-20, 2015.AMMIS2015 focuses on seven main areas, namely, applied mechanics, control and automation, intelligent systems, computer technology, electronics engineering, electrical engineering, and materials science and technology. Experts in this field from all over the world contributed to the collection of research results and development activities.AMMIS2015 provides an excellent international exchange platform for researchers to share their development works and results in these areas. All papers selected for this proceeding were subjected to a rigorous peer-review process.
The Patent-Competition Interface in Developing Countries
This book proposes an approach to the patent-competition interface for developing countries. It puts forward a theoretical framework after canvassing relevant policy considerations and examines the many reasons why patent protection is not essential for generating innovation incentives in developing countries. These include the tendency of the patent system to overcompensate innovators, the availability of other appropriation mechanisms for innovators to monetize their innovations, and the lack of appropriate technological capacity in many developing countries to take advantage of the incentives generated by the patent system. It also argues that developing countries with a small population ...
A Research Agenda for International Political Economy
With contributions from an international range of experts, this cutting-edge Research Agenda collates the most important and emerging research in the field to map out the new directions and promising paths ahead for the international political economy (IPE).
An Islamic Vision of Intellectual Property
For over a century, intellectual property (IP) regimes have been justified using Western philosophical theories rooted in the idea that IP must reward talent and maximize global stocks of knowledge and cultural products. Reframing IP in a context of legal pluralism, Ezieddin Elmahjub brings an Islamic and comparative narrative to the appropriate design and scope of IP rights, and in doing so criticizes the dominance of Western influence on a global regime that impacts the ability of people to access medicine, to read, to imagine, and to reshape popular culture. The Islamic vision of IP, which is based on a broad theory of social justice, maintains that IP cannot simply be seen as a reward for effort or tool to maximize economic efficiency but as one legal right within a complicated distributive scheme affecting fundamental human rights, equal opportunities, and human capabilities.
Developments on Experimental Economics
This volume on experimental economics offers both new research grounds and a bird’s eye view on the field. In the first part, leading experimental economists, among them Vernon S. Smith and Daniel Friedman, give inspiring insights into their view on the general development of this field. In the second part, selected short papers by researchers from various disciplines present new ideas and concepts to solving problems in the real world.
A Classroom Experiment on Exchange Rate Determination with Purchasing Power Parity
We develop a classroom experiment on exchange rate determination appropriate for undergraduate courses in macroeconomics and international economics. Students represent citizens from different countries and need to obtain currency to purchase goods. By participating in a sealed bid auction to buy currency, students gain a better understanding of currency markets and the determination of exchange rates. The implicit framework for exchange rate determination is one in which prices are perfectly flexible (in the long run) so that purchasing power parity (PPP) prevails. Additional treatments allow students to examine the impact of transport costs, nontradable goods and tariffs on the exchange rate and to explore possible deviations from PPP.
