It reflects an increasing recognition of the centrality of cultural process to the reproduction of inequality and human ill-being among development policy makers and economists. However, we are well aware that economists are newcomers to this field and that anthropology and sociology have made seminal contributions to it for over two centuries. On the other hand, over the last fifty years, econ…

This book discusses why firms grow and decline. How does competition affect this process? Industry evolution today depends critically on innovations and R&D investments. The book analyzes the theory of Schumpeterian innovations in many forms and its impact on the selection and adjustment process in industry evolution. Both Walrasian and non-Walrasian adjustment mechanisms in evolution are discu…

This book is an introduction to international economics, intended for students who are taking their first course in the subject. The level of exposition requires as a background no more than a standard introductory course in the principles of economics. Those who have had intermediate micro and macro theory will find that background useful, but where the tools of intermediate theory are necessa…

In Against the Grain, Joel Stern shares for the first time, not only the story of how EVA swept the corporate world, but the story behind the story-the intellectual underpinnings of EVA, how he and his colleagues at Stern Stewart & Co. promoted the concept, won its initial acceptance by major corporations, and later turned the concept into a revolution. He has for good reason been called a one-…

The Annual World Bank Conference on Development Economics is one of the world?s best-known series of conferences for the presentation and discussion of new knowledge on development. It is an opportunity for many of the world?s finest development thinkers to present perspectives and ideas. In 1999, in recognition of Europe?s pivotal role in the provision of development assistance and in order to…

Does the world need yet another book on globalization? Not a day goes by without impassioned authors and activists, whether anti- or pro-globalization, putting their oars into these agitated waters. Magazines and newspapers also write incessantly on the issue, and polls are taken and discussed on why there is ?global rage? or why, as it happens, many support the process, especially in developin…

War often comes down to one thing: money. The role of economics in both peace and war is arguably the most important single factor when it comes to the study of defense. The aim of this book is to provide a critical overview of the history of economic thought on defense, peace and war from its eighteenth century origins right up to the present day. Important themes covered within the book inclu…

Economics for Social Workers: The Application of Economic Theory to Social Policy and the Human Services is designed to provide a working knowledge of economics with clarity and attention to the concerns of the social work profession. This primer for social work students introduces the general definitions and concepts of economic theory and uses case studies in social work to develop applied un…

deas about the role of management accounting systems in a firm's strategy have changed in recent years, and this book explores the ways in which this has happened. Management control systems have frequently been seen as irrelevant to strategy, or even damaging. Controlling Strategy draws out the various ways in which management control systems can build and sustain valuable strategic roles. The…

The concept of fair division is as old as civil society itself. Aristotle's equal treatment of equals was the first step toward a formal definition of distributive fairness. The concept of collective welfare, more than two centuries old, is a pillar of modern economic analysis. Reflecting fifty years of research, this book examines the contribution of modern microeconomic thinking to distributi…