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An assessment of the extent to which increased global and regional integration has changed the functioning of the world economy. With contributions from both academics and professionals, it analyses the implications for global trade, relocation of production, structural changes and the international transmission of shocks.
The transition to a low-carbon economy, which is needed to mitigate climate change and meet the Paris Agreement temperature goals, has been affected by the supply chain and energy supply disruptions that originated during the COVID-19 pandemic, the Russian invasion of Ukraine, and the subsequent energy crisis and exacerbation of geopolitical tensions. These developments, and the broader context of the ongoing “polycrisis,” can affect future decarbonization scenarios. This reflects three main factors: (1) pullbacks in climate mitigation policies and increased carbon lock-in in fossil fuel infrastructure and policymaking; (2) the decreasing likelihood of continuous cost reduction in renewa...
An exploration of the impact of unintended consequences in an interdependent world and of the opportunities for creativity and community. We live today in a global web of interdependence, connected technologically, economically, politically, and socially. As a result of these expanding and deepening interdependencies, it has become impossible fully to control—or foretell—the effects of our actions. The world is rife with unintended consequences. The first law of human ecology—which declares that we can never do merely one thing—is a truth we ignore at our peril. In Indra's Net and the Midas Touch, Leslie Paul Thiele explores the impact of interdependence and unintended consequences o...
The topic of investor protection has occupied investors, businesses, regulators, academics, and courts since the 1930s. The topic exploded in importance after the 2008 financial crisis and the Bernard Madoff Ponzi scheme of the same year. Investor protection scholarship now seeks to respond to developments such as the institutionalization of the markets, the democratization of finance, and the enhanced role of market professionals and other gatekeepers. Additionally, although the philosophy of full disclosure remains the guiding principle behind the securities laws, recent research has questioned the merits of a disclosure-based regime. In light of these trends, regulators try to strike the right balance between imposing a strict investor protection regime, on the one hand, and giving businesses the freedom to innovate new projects, market new services, and reduce costs, on the other. The Cambridge Handbook of Investor Protection brings together leading scholars to inform this debate and fill a gap left by these developments.
The People's Republic of China has experienced significant transformations since Deng Xiaoping instituted economic reforms in 1978. Subsequent leaders continued and often broadened Deng's policies, shifting the nation from agrarianism to industrialism, from isolation to internationalism, and from centralized planning to market-based economics. As the world strives to understand the nation's rapid development, few observers have comprehensively examined the social and cultural price of the economic boom for the majority of the Chinese people. Zhaohui Hong assesses the sociocultural consequences of these reforms in this provocative study. He contends that modern China functions as an oligarchy...
This volume examines themes like contemporary factors shaping the emergence of the Bay of Bengal region as a critical strategic theatre in Indian foreign policy; the inter-connectedness of the Indian and Pacific Oceans; the importance of oceans to security and commerce and India’s role within the broader region; the twenty-first century maritime Silk Road and Indian alternatives and the possibilities of reconnecting disconnected spaces through re-imagining a Bay of Bengal Community. In this connection the volume takes particular note of the emerging regional cooperative order for the promotion of peace and development in the Bay of Bengal region (BIMSTEC). The volume brings together historians, political analysts and political economists to emphasize the interconnectedness of the oceanic space through a detailed analysis of the Bay of Bengal as a space of strategic and economic significance, particularly for India, but also as a space for re-imagining a new regional community. Print edition not for sale in South Asia (India, Sri Lanka, Nepal, Bangladesh, Pakistan and Bhutan).
Because of their increasing prevalence and diversity, International Organizations (IOs) are one of the most striking legal phenomena in contemporary international law. Evolutions in the Law of International Organizations, is a collection of essays discussing the ever-changing nature of IOs. It covers all the many considerable practical evolutions in the law of, offers a discussion of theoretical issues and proposes solutions to many crucial problems related to these institutional developments. The book explores controversial institutional issues arising from recent developments in the complex international practice of IOs and includes contributions about the definition of IOs, the role of "soft" IOs and regional IOs, the reformation of international financial institutions, and the liability of IOs for their actions, among others.
The first systematic investigation of changes in oil market governance in the advanced industrial democracies over the last three decades.
This book offers a fresh theoretical approach and methodology for tackling the most pressing property problems of our time.
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