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The making of modern Thailand is grounded in specific political institutions, Brahmanical tropes, and sacred Buddhist traditions stylized with Hindu rituals. Over and above these mysterious practices and ancient customs, modern Thailand is a product of the late Great Rama IX Bhumibol Adulyadej. Most Thai people have only known one King. Born in Europe and educated during World War II, Bhumibol was the son of a Harvard medical doctor who had a penchant for jazz music and fast cars. When he returned to Thailand in 1951 to assume his royal duties, he could hardly speak Thai but his French and German were remarkable. Bhumibol had inherited an impoverished country with nothing but a symbolic role...
"The essential role institutions play in understanding economic development has long been recognised and has been closely studied across the social sciences but some of the most high profile work has been done by economists many of whom are included in this collection covering a wide range of topics including the relationship between institutions and growth, educational systems, the role of the media and the intersection between traditional systems of patronage and political institutions. Each chapter covers the frontier research in its area and points to new areas of research and is the product of extensive workshopping and editing. The editors have also written an excellent introduction which brings together the key themes of the handbook. The list of contributors is stellar (Steven Durlauf, Throsten Beck, Bob Allen,and includes a diverse mix of Western and non Western, male and female scholars)"
This book contains cutting-edge discussions of the full range of methodologies used in assessing the potential effects of non-tariff policies on trade liberalization. Business surveys, summary statistics such as effective rates of protection and price gaps, time-series and panel econometrics, and simulation methods such as computable general equilibrium are presented. The full range of polices under discussion in current trade negotiations, including trade facilitation, services policies, quantitative measures, customs procedures, standards, movement of natural persons, and anti-dumping are also covered. Contributors to the volume, in addition to the editors, include Bijit Bora (World Trade ...
Global trade is of vital interest to citizens as well as policymakers, yet it is widely misunderstood. This compact exposition of the market forces underlying international commerce addresses both of these concerned groups, as well as the needs of students and scholars. Although it contains no equations, it is almost mathematical in its elegance, precision, and power of expression. Understanding Global Trade provides a thorough explanation of what shapes the international organization of production and distribution and the resulting trade flows. It reviews the evolution of knowledge in this field from Adam Smith to today as a process of theoretical modeling, accumulation of new empirical dat...
How can economists define social preferences and interactions? Culture, familial beliefs, religion, and other sources contain the origins of social preferences. Those preferences--the desire for social status, for instance, or the disinclination to receive financial support--often accompany predictable economic outcomes. Through the use of new economic data and tools, our contributors survey an array of social interactions and decisions that typify homo economicus. Their work brings order to the sometimes conflicting claims that countries, environments, beliefs, and other influences make on our economic decisions. - Describes recent scholarship on social choice and introduces new evidence about social preferences - Advances our understanding about quantifying social interactions and the effects of culture - Summarizes research on theoretical and applied economic analyses of social preferences
This publication contains selected papers from the 6th annual European conference, held in Brussels, Belgium in May 2004, which brought together 400 scholars and policymakers from 70 countries involved in international development issues. The conference discussions focused on the progress being made towards the Millennium Development Goals, including examining four key aspects that link developed and developing countries, relating to flows of people, capital, aid and trade.
This volume emphasizes the economic aspects of art and culture, a relatively new field that poses inherent problems for economics, with its quantitative concepts and tools. Building bridges across disciplines such as management, art history, art philosophy, sociology, and law, editors Victor Ginsburgh and David Throsby assemble chapters that yield new perspectives on the supply and demand for artistic services, the contribution of the arts sector to the economy, and the roles that public policies play. With its focus on culture rather than the arts, Ginsburgh and Throsby bring new clarity and definition to this rapidly growing area. - Presents coherent summaries of major research in art and culture, a field that is inherently difficult to characterize with finance tools and concepts - Offers a rigorous description that avoids common problems associated with art and culture scholarship - Makes details about the economics of art and culture accessible to scholars in fields outside economics
How can economists define and measure social preferences and interactions? Through the use of new economic data and tools, our contributors survey an array of social interactions and decisions that typify homo economicus. Identifying economic strains in activities such as learning, group formation, discrimination, and the creation of peer dynamics, they demonstrate how they tease out social preferences from the influences of culture, familial beliefs, religion, and other forces. Advances our understanding about quantifying social interactions and the effects of culture Summarizes research on theoretical and applied economic analyses of social preferences Explores the recent willingness among economists to consider new arguments in the utility function
This edited collection brings together expertise from around the globe to overview and debate key concepts and concerns in the economics of religion. While the economics of religion is a relatively new field of research in economics, economists have made and continue to make important contributions to the understanding of religion. There is much scope for economists to continue to make a significant contribution to debates about religion, including its implications for conflict, political economy, public goods, demography, education, finance, trade and economic growth.