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Handbook on the Political Economy of Social Policy
Research in social policy has been greatly influenced by the emergence of modern political economy in the late 1970s. The Handbook on the Political Economy of Social Policy offers a systematic, yet comprehensive, framework for understanding how concepts, theoretical standpoints and methodological approaches stemming from political economy have been applied to the study of social policies, and models of welfare provision. The authors also signpost current developments and discuss their likely impact on future research.
Lecture Notes In International Trade: An Undergraduate Course
This book provides a comprehensive discussion of the economics of International Trade.Key questions related to why countries trade, how they gain from trade, and how international trade can produce winners and losers are answered. The last of these questions is related to the connection of trade to inequality in the distribution of income.The book uses both theoretical models and empirical evidence to answer these questions. It also provides a discussion of the economics of labor migration and international capital mobility. The book also provides a detailed discussion of the welfare implications of various trade policy instruments such as tariffs, quotas, export subsidies etc. This is followed by a discussion of the process of actual policymaking in democratic societies which goes into the realm of political economy. The focus here is on the political economy of trade policy. It also provides a discussion of the economics of preferential trading agreements and a history of multilateral trading agreements under the aegis of GATT (General Agreement on Tariffs and Trade) and its evolution into the World Trade Organization (WTO).
Lectures In The Microeconomics Of Choice: Foundations, Consumers, And Producers
People pursue their own interests, whatever those interests might be. Some people have interests that are narrow and selfish, while others have interests that are broad and altruistic. The idea that people are self-interested underpins all of economic analysis and raises two fundamental questions: 1. How do people choose the actions they think will further their own interests? 2. Can the potentially conflicting interests of different people be made to 'mesh' in some sort of socio-economic equilibrium? This book is devoted to a detailed study of the first question. Its Companion Volume (Economy-Wide Microeconomics: Equilibrium, Optimality, Applications and Tests) makes a detailed study of the...
Advanced Mathematical Methods In Environmental And Resource Economics
The most interesting issues in environmental and resource economics have an explicit temporal dimension, since variables of interest such as pollutants, greenhouse gases, biomass of biological resources, or the stocks of fossil fuels accumulate in the ambient environment or are depleted through human actions and natural processes.The purpose of these lectures is to present the mathematical tools for analyzing environmental and resource management issues in a dynamic set-up.The lectures include a brief description of differential equations and then move on to describe methods of optimal control, dynamic programing, and differential games. The final chapters cover two novel topics: (1) environmental issues characterized by deep uncertainty, and aversion to ambiguity using robust control methods and formulations of precautionary policies; and (2) the study of pollution/resource management in space and time when the environmental variables evolve in time and diffuse in space.The lectures are a valuable tool for advanced graduate students in environmental and resource economics who are studying dynamic problems.
Lecture Notes In Global-local Policy Interactions
Globalization and recent developments in the world suggest strong relationships between local and global decisions, actions and impacts. Global-local relationships are also associated with positive and negative externalities, which necessitate policy interventions.Lecture Notes in Global-Local Policy Interactions discusses the process of building and managing a global public policy and the interaction of public policies at the global and local (national/regional) levels. This book demonstrates the global negative externalities from under-regulation of various activities by one agent/country that affect the well-being of other agents/countries, and the design of policies (agreements) to reduc...
Why States Matter in Economic Development
This book examines the underlying conditions that give rise to states that are effective, efficient, and bureaucratically inclusive with their developmental policies. In spite of humanity’s significant advancements in science, technology and institutionalization of universal human rights conventions in the last seven decades, many countries are still failing to achieve successful development results. As a result, enormous levels of inequality, poverty, and malnutrition prevail. This book focuses on the role of the state in the political economy of development, tracing the socio-economic origins of effective state institutions from a comparative historical-institutional perspective. Drawing...
Lecture Notes In International Trade Theory: Classical Trade And Applications
Lecture Notes in International Trade Theory covers classical international trade models (including the Ricardian, Ricardo Viner, and Heckscher-Ohlin-Samuelson models). The course is designed for M.Sc. and first year PhD students. It relies on both graphical and analytic methods, requiring only intermediate microeconomics and a solid grounding in calculus. The material emphasizes 'second-best' settings, where markets are imperfect. The goal is to equip students with a good enough understanding of open-economy general equilibrium relations that they understand how distortions ripple across different markets, e.g. commodity and factor markets. The Author applies these ideas to environmental and...
The Vedanta Kesari
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Lecture Notes In Water Policy
Freshwater is our planet's most precious resource — essential for life itself. Despite this fact, many people across our planet face difficulties finding safe, clean, potable water. A U.S. State Department report contends that the world's thirst for water may become a human security crisis by 2040. The World Bank reports many developing nations face catastrophe from intensive irrigation, urbanization, and deteriorating infrastructure. Also, numerous reports contend that in many places un-treated wastewater is still released directly into the environment. This is particularly true in low-income countries, which on average treat less than 10% of their wastewater discharges.In short, we face ...
