The Emergence of China
Edited by Robert Devlin
Edited by Antoni Estevadeordal
Edited by Andres Rodriguez
This pioneering volume provides a comprehensive overview of China's economic policy and performance over recent decades and contrasts them with the Latin American experience, opening new avenues for thinking about revitalizing development strategies in Latin America in the face of China's successful development and reduction of poverty. This insightful report is a must-read for analysts, policymakers, and development practitioners, not only in Latin America and the Caribbean, but wherever China's presence is being felt.
Paperback 2006
Income, Wealth, and the Maximum Principle
Martin L. Weitzman
This compact and original exposition of optimal control theory and applications is designed for graduate and advanced undergraduate students in economics. It presents a new elementary yet rigorous proof of the maximum principle and a new way of applying the principle that will enable students to solve any one-dimensional problem routinely. Its unified framework illuminates many famous economic examples and models and also emphasizes the connection between optimal control theory and the classical themes of capital theory. The book will be valuable to students who want to formulate and solve dynamic allocation problems. It will also be of interest to any economist who wants to understand results of the latest research on the relationship between comprehensive income accounting and wealth or welfare.
Hardcover 2003 / Paperback 2007
Institutions and Economic Performance
Edited by Elhanan Helpman
Explores the question of why income per capita varies so greatly across countries. This book is unique in its melding of economics, political science, history, and sociology to address its central question.
Hardcover 2008
Natural Experiments of History
Edited by Jared Diamond
Edited by James A. Robinson
This book consists of eight comparative studies drawn from history, archeology, economics, economic history, geography, and political science. The studies cover a spectrum of approaches, ranging from a non-quantitative narrative style in the early chapters to quantitative statistical analyses in the later chapters. The societies discussed are contemporary ones, literate societies of recent centuries, and non-literate past societies. Geographically, they include the United States, Mexico, Brazil, western Europe, tropical Africa, India, Siberia, Australia, New Zealand, and other Pacific islands.
Hardcover 2010
New Foundations of Cost-Benefit Analysis
Matthew D. Adler
Eric A. Posner
In this book, the authors reconceptualize cost-benefit analysis, arguing that its objective should be overall well-being rather than economic efficiency. This book not only places cost-benefit analysis on a firmer theoretical foundation, but also has many practical implications for how government agencies should undertake cost-benefit studies.
Hardcover 2006
R&D, Education, and Productivity
Zvi Griliches
Zvi Griliches was a modern master of empirical economics. In this short book, he recounts what he and others have learned about the sources of economic growth. This book conveys the way he tackled research problems. For Griliches, economic theorizing without measurement is merely the fashioning of parables, but measurement without theory is blind. Judgment enables one to strike the right balance.
Hardcover 2001
Surviving Large Losses
Philip T. Hoffman
Gilles Postel-Vinay
Jean-Laurent Rosenthal
When financial institutions collapse, new ones take their place, shaping markets for generations to come. This book explains why financial crises occur, why their effects last so long, and what political and economic conditions can help countries both rich and poor survive, and even prosper, in the aftermath. Although there is no panacea for such crises, the authors argue that it is possible to strengthen existing financial institutions, encourage economic growth, and limit the harm that future catastrophes can do.
Hardcover 2007 / Paperback 2009