Bøger i Routledge Studies in the Modern World Economy serien

The efficient market hypothesis (EMH) maintains that all relevant information is fully and immediately reflected in a stock price and that an investor will obtain an equilibrium rate of return. This has far reaching implications in terms of capital allocation, stock price predictability, as well as the possibility of any profitable trading strategies that can be used to `beat the market¿. Equity market anomalies reflect that the market is inefficient and hence, contradicts the EMH. This book gathers both theoretical and practical perspectives related to stock market efficiency to help address the future challenges facing the global stock markets and economies.

This book explains the macro-drivers of growth behind the economic development of Bangladesh. It also looks at the strategic interventions on macro-level, specifically the policy interventions.

This interdisciplinary edited volume explores the political economy of regionalism in Latin America. It identifies convergent forces which have existed in the region since its very conception and analyses these dynamics in their different historical, geographic and structural contexts.

Presents an analysis of development policy, strategy and practice in a variety of countries, with equal weight provided to Asia, Latin America and Africa. This book examines the complex network of connections and the implications for international development policy, strategy and practice. It is suitable for academics and practitioners alike.

This reference work sheds light on the industrial development in Africa. It also provides an in-depth look into Chinäs engagement and migrant labour in Africa. The book also addresses the roles of public-private partnership (PPP) and international development cooperation and how they are fundamental to industrialization in Asia and Africa.

TThis comprehensive reference work gives an overview of the industrial development and current state of industrialization and deindustrialization in Asia, specifically Southeast Asia and China. It introduces typologies of industrial policies and discusses the manufacturing sector and its evolving role in the region.

This book analyzes the significant determinants of long run growth in Turkey such as import dependency and saving-investment decision. It focuses on the "neglected" issues, namely the micro, macro, regional and gender aspects of growth, as well as the microeconomic dynamics of growth.

This book explores a series of questions about the differences in the capital markets in Japan, Germany and the United States, and contains empirical and comparative studies from the three countries.

This collection of contributions comes from a worldwide team of experts, including Albert Breton, Piero Giarda and Anwar Shay and critically examines the case for decentralization.

Including case studies of Japan, India, Brazil, Malaysia and many other countries this unique book gives an up-to-date and comprehensive account of the unpredictable and rapidly changing world market in rice.

Well-functioning labour markets are a precondition for economic development. Here leading researchers present an overview of labour market workings providing new theoretical and empirical insights.

Incorporating empirical data and using a variety of methods such as econometrics, general equilibrium and case studies, this volume provides an investigation into the causes of the deterioration in the relative economic fortunes of less-skilled workers across various countries, with a focus on the role of globalization.

When the 2008 housing market bubble burst in the United States, a financial crisis rippled from the epi-center in the United States across borders into economies both near and far, causing persistent social and economic detriment in many countries. The Global Economic Crisis in Latin America: Impacts and Responses is an examination of the impacts and responses in the diverse Latin American region through the lens of three countries: Mexico, Brazil, and Argentina.

In spite of many years of negotiation on trade liberalization, progress seems to have stalled. This book explores why resistance to further market liberalization seems so strong, when the benefits are seen to outweigh the costs, arguing that in order to understand the slow progress of WTO negotiations, we need to take into consideration the way in which international and domestic aspects of politics and policies have been woven together.

Sixty-five years have passed since the end of World War II. It is timely to reflect upon this short but curious Japanese economic history, beginning with the extreme hunger and poverty in the late 1940s, followed by quick recovery and "miraculous" growth since the late 1950s, to the first oil shock in 1972, slow growth in the reset of the 1970s and 1980s, and finally almost complete stagnation over the last two decades. This book attempts to make sense of Japan's economic history for these past sixty-five years.

Focuses on the provision of public investment and level of governmental intervention in Europe and the USA with particularly reference to the EU Cohesion Policy and the US Federal Investment Policies.

Examines contemporary issues on the economic and financial interactions with a focus on China and Asia. This book deals with China and her interactions with other economies. It also deals with economic interactions within the region, and with foreign exchange rate issues facing Asian economies.

Examines the American and European economies; drawing comparisons between them. This book deals with competitiveness on one hand and the relationship between institutions and markets on the other.

The book summarizes current practices and theories of economic evaluation for sustainability and provides understanding of emerging trends. It stresses the importance of environmental policies and business actions in achieving sustainable growth and suggests why countries should take natural capital and other conventional inputs into consideration.

This book compares between Japan and Finland to offer a fruitful platform for the study of the similarities and differences in economic and societal development.

This topical book outlines the positions of the main players in the Doha Development Agenda, analyzes the effects of these positions, and finds a way to complete the Doha Round so a meaningful contribution to its main development objective is made.

This important book looks at fiscal policy in the Asian Pacific economies and with a broad array of contributors will be a useful tool.