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Institutions matter for economic development. Yet despite this accepted wisdom, new institutional economics (NIE) has yet to provide a comprehensive look at what constitutes the institutional foundation of economic development (IFED). Bringing together findings from a range a fields, from development economics and development studies to political science and sociology, this title explores the precise mechanisms through which institutions affect growth. Shiping Tang contends that institutions shape economic development through four 'Big Things': possibility, incentive, capability, and opportunity. From this perspective, IFED has six major dimensions: political hierarchy, property rights, social mobility, redistribution, innovation protection, and equal opportunity. Tang further argues that IFED is only one pillar within the New Development Triangle (NDT).

Economic development. --- Institutional economics. --- Political stability --- BUSINESS & ECONOMICS / Development / Economic Development. --- Economic aspects. --- Aggregate demand. --- Autocracy. --- Basic education. --- Bond Yield. --- Bureau of Economic Analysis. --- Capital accumulation. --- Capital control. --- Capital market. --- Classical economics. --- Consumer behaviour. --- Consumer spending. --- Consumer. --- Consumption (economics). --- Convergence (economics). --- Cost Of Funds. --- Credit default swap. --- Credit risk. --- Currency. --- Current account. --- Democracy and economic growth. --- Derivative (finance). --- Developed country. --- Development economics. --- Economic equilibrium. --- Economic growth. --- Economic history. --- Economic indicator. --- Economic interventionism. --- Economic liberalization. --- Economic nationalism. --- Economic planning. --- Economic policy. --- Economic power. --- Economic recovery. --- Economic sociology. --- Economic surplus. --- Economics. --- Economy. --- Effectiveness. --- Endogeneity (econometrics). --- Entrepreneurship. --- Evolutionary economics. --- Exchange rate. --- Factor endowment. --- Financial inclusion. --- Financial transaction. --- Fiscal capacity. --- GDP deflator. --- Globalization. --- Historical institutionalism. --- Household. --- Human capital. --- Incentive. --- Inclusive growth. --- Income tax. --- Income. --- Innovation. --- Institution. --- Institutional theory. --- Interest rate parity. --- Interest rate. --- International development. --- International trade. --- Investment fund. --- Investment. --- Investor. --- Journal of Political Economy. --- Knowledge economy. --- Labour economics. --- Market economy. --- Market integration. --- Market liquidity. --- Market power. --- Marketplace of ideas. --- Meritocracy. --- Neoclassical economics. --- Neoliberalism. --- Net Investment Income. --- New institutional economics. --- Output (economics). --- Probability theory. --- Production–possibility frontier. --- Public policy. --- Rate of return. --- Saving. --- Social capital. --- Social evolution. --- Social mobility. --- Social science. --- Socioeconomic development. --- State (polity). --- Supply (economics). --- Theoretical Value. --- Welfare economics. --- World Bank Group. --- World Bank. --- World Trade Organization. --- World Values Survey. --- Destabilization (Political science) --- Political instability --- Stability, Political --- Consensus (Social sciences) --- Legitimacy of governments --- Economics --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Political stability. --- Economic development --- Institutional economics

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Free trade is always under attack, more than ever in recent years. The imposition of numerous U.S. tariffs in 2018, and the retaliation those tariffs have drawn, has thrust trade issues to the top of the policy agenda. Critics contend that free trade brings economic pain, including plant closings and worker layoffs, and that trade agreements serve corporate interests, undercut domestic environmental regulations, and erode national sovereignty. Why are global trade and agreements such as the Trans-Pacific Partnership so controversial? Does free trade deserve its bad reputation? This book aside the misconceptions that run rampant in the debate over trade and gives readers a clear understanding of the issues involved. In its fifth edition, the book has been updated to address the sweeping new policy developments under the Trump administration and the latest research on the impact of trade.

Free trade. --- Globalization. --- Protectionism. --- United States --- United States. --- Commercial policy. --- Adobe. --- Algorithmic trading. --- Anti-globalization movement. --- Balance of trade. --- Brookings Institution. --- Bureaucrat. --- Calculation. --- Comparative advantage. --- Competition. --- Competitiveness. --- Consumer. --- Consumption (economics). --- Currency. --- Developed country. --- Donald Trump. --- Dumping (pricing policy). --- Economic development. --- Economic growth. --- Economic integration. --- Economic interventionism. --- Economic policy. --- Economics. --- Economist. --- Economy of the United States. --- Economy. --- Employment. --- Exchange rate. --- Expense. --- Export subsidy. --- Export. --- Financial crisis of 2007–08. --- Financial crisis. --- Foreign direct investment. --- Foreign trade of the United States. --- General Agreement on Tariffs and Trade. --- Great Recession. --- Gross domestic product. --- Import "a. --- Import Duty. --- Import. --- Income. --- Industrial policy. --- Industry. --- Inflation. --- International Monetary Fund. --- International trade. --- Investment. --- Journal of International Economics. --- Legislation. --- Liberalization. --- Lobbying. --- Macroeconomics. --- Manufacturing. --- Market economy. --- Market price. --- National security. --- Net Exporter. --- Net Importer. --- North American Free Trade Agreement. --- Oxford University Press. --- Paul Krugman. --- Payment. --- Percentage point. --- Peterson Institute for International Economics. --- Policy. --- Politician. --- Price support. --- Princeton University Press. --- Product (business). --- Productivity. --- Ralph Nader. --- Real income. --- Recession. --- Regulation. --- Smoot–Hawley Tariff Act. --- Subsidy. --- Supply (economics). --- Tariff. --- Tax. --- Technology. --- The Wealth of Nations. --- Trade agreement. --- Trade barrier. --- Trade diversion. --- Trade restriction. --- Trade union. --- Trade war. --- Trans-Pacific Partnership. --- Unemployment. --- United States Department of Commerce. --- Wage. --- Welfare. --- World Bank. --- World Trade Organization. --- World War II. --- World economy. --- Free trade

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Born out of crisis a century ago, the Federal Reserve has become the most powerful macroeconomic policymaker and financial regulator in the world. The Myth of Independence traces the Fed's transformation from a weak, secretive, and decentralized institution in 1913 to a remarkably transparent central bank a century later. Offering a unique account of Congress's role in steering this evolution, Sarah Binder and Mark Spindel explore the Fed's past, present, and future and challenge the myth of its independence.Binder and Spindel argue that recurring cycles of crisis, blame, and reform propelled lawmakers to create and revamp the powers and governance of the Fed at critical junctures, including the Panic of 1907, the Great Depression, the postwar Treasury-Fed Accord, the inflationary episode of the 1970s, and the recent financial crisis. Marshaling archival sources, interviews, and statistical analyses, the authors pinpoint political and economic dynamics that shaped interactions between the legislature and the Fed, and that have generated a far stronger central bank than anticipated at its founding. The Fed today retains its unique federal style, diluting the ability of lawmakers and the president to completely centralize control of monetary policy.In the long wake of the financial crisis, with economic prospects decidedly subpar, partisan rivals in Congress seem poised to continue battling over the Fed's statutory mandates and the powers given to achieve them. Examining the interdependent relationship between America's Congress and its central bank, The Myth of Independence presents critical insights about the future of monetary and fiscal policies that drive the nation's economy.

United States. --- United States --- Politics and government. --- 1951 Accord. --- Accountability. --- Adobe. --- Amendment. --- Annual report. --- Appointee. --- Audit. --- Balance sheet. --- Bank Holding Company Act. --- Bank run. --- Bank. --- Behalf. --- Ben Bernanke. --- Board of directors. --- Board of governors. --- Bond market. --- Bureau of Labor Statistics. --- Cambridge University Press. --- Central bank. --- Chair of the Federal Reserve. --- Commercial bank. --- Consideration. --- Craig Torres. --- Creditor. --- Criticism. --- Currency. --- Debt. --- Deflation. --- Discount window. --- District Bank. --- Dodd–Frank Wall Street Reform and Consumer Protection Act. --- Dual mandate. --- Dummy variable (statistics). --- Economic growth. --- Economic interventionism. --- Economic policy. --- Economic power. --- Economic recovery. --- Economics. --- Economist. --- Economy of the United States. --- Economy. --- Employment. --- Expense. --- Federal Open Market Committee. --- Federal Reserve Bank. --- Federal Reserve Board of Governors. --- Financial crisis of 2007–08. --- Financial crisis. --- Financial services. --- Fiscal policy. --- Full employment. --- Governance. --- Government Accountability Office. --- Government Security. --- Government bond. --- Government debt. --- Great Recession. --- Ideology. --- Inflation targeting. --- Inflation. --- Institution. --- Interest rate. --- Investor. --- Legislation. --- Legislator. --- Legislature. --- Lehman Brothers. --- Lender of last resort. --- Monetary authority. --- Monetary policy. --- Money supply. --- Money. --- Open market operation. --- Policy. --- Politician. --- Politics. --- Provision (accounting). --- Provision (contracting). --- Quantitative easing. --- Recession. --- Republican Congress. --- Requirement. --- Reserve requirement. --- Slowdown. --- Southern Democrats. --- Stagflation. --- Statute. --- Stock market. --- Supply (economics). --- Tax. --- The New York Times. --- The Wall Street Journal. --- Tight Monetary Policy. --- Trade-off. --- Unemployment. --- United States Department of the Treasury. --- United States Treasury security. --- Voting. --- World War II.

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In this book Daniel Hamermesh provides the first comprehensive picture of the disparate field of labor demand. The author reviews both the static and dynamic theories of labor demand, and provides evaluative summaries of the available empirical research in these two subject areas. Moreover, he uses both theory and evidence to establish a generalized framework for analyzing the impact of policies such as minimum wages, payroll taxes, job- security measures, unemployment insurance, and others. Covering every aspect of labor demand, this book uses material from a wide range of countries.

331.52 --- Labor demand --- Labor market --- Employees --- Market, Labor --- Supply and demand for labor --- Markets --- Demand, Labor --- Demand for labor --- 331.52 Arbeidsmarktstructuur. Vraag en aanbod op de arbeidsmarkt. Spreiding van arbeidsplaatsen. Spreiden van arbeidskrachten. Tewerkstellingsgraad --- Arbeidsmarktstructuur. Vraag en aanbod op de arbeidsmarkt. Spreiding van arbeidsplaatsen. Spreiden van arbeidskrachten. Tewerkstellingsgraad --- Supply and demand --- Labor demand. --- 331.526 --- 331.123 --- Levels of employment. Employment situation, conditions --- #A9402E --- 331.526 Levels of employment. Employment situation, conditions --- 332.630 --- 332.691 --- AA / International- internationaal --- Strijd tegen de werkloosheid: algemeen. Theorie en beleid van de werkgelegenheid. Volledige werkgelegenheid --- Evolutie van de arbeidsmarkt --- Labour market --- Labor market. --- Marché du travail --- Mercado de trabajo. --- Cobb–Douglas production function. --- Comparative advantage. --- Compensating differential. --- Contract curve. --- Cost curve. --- Demand For Labor. --- Demand response. --- Derived demand. --- Developed country. --- Developing country. --- Earnings. --- Economic cost. --- Economic efficiency. --- Economic forces. --- Economic interventionism. --- Economics. --- Efficiency wage. --- Efficiency. --- Elasticity of intertemporal substitution. --- Elasticity of substitution. --- Employment. --- Endogenous growth theory. --- Estimation. --- Excess supply. --- Externality. --- Factor cost. --- Factor price. --- Implicit cost. --- Income elasticity of demand. --- Indifference curve. --- Induced innovation. --- Inelastic. --- Inflation. --- Instrumental variable. --- Investment goods. --- Isoquant. --- Job security. --- John Haltiwanger. --- Labour supply. --- Law of demand. --- Layoff. --- Living wage. --- Long run and short run. --- Mandatory retirement. --- Manufacturing in the United States. --- Marginal cost. --- Marginal product. --- Marginal rate of substitution. --- Marginal rate of technical substitution. --- Maximum wage. --- Minimum wage. --- Monopsony. --- Neoclassical economics. --- Net Change. --- Net investment. --- New Keynesian economics. --- Oligopoly. --- Outsourcing. --- Partial equilibrium. --- Payroll tax. --- Phillips curve. --- Present value. --- Price Change. --- Price elasticity of demand. --- Price elasticity of supply. --- Production function. --- Productive efficiency. --- Productivity. --- Profit (economics). --- Profit maximization. --- Real business-cycle theory. --- Real versus nominal value (economics). --- Real wages. --- Recession. --- Reservation wage. --- Response Lag. --- Risk aversion. --- Scarcity. --- Shephard's lemma. --- Shortage. --- Stephen Nickell. --- Subsidy. --- Substitution effect. --- Supply (economics). --- Supply and demand. --- Supply shock. --- Tax incidence. --- Tax. --- Theory of the firm. --- Time preference. --- Total cost. --- Total factor productivity. --- Trade barrier. --- Unemployment in the United States. --- Unemployment. --- Utility. --- Utilization. --- Variable cost. --- Wage.

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Critics of globalization claim that economic integration drains political authority from states: devolving authority to newly empowered regions, delegating it to supranational organizations, and transferring it to multinational firms and nongovernmental organizations. Globalization is also attacked for forcing convergence of state institutions and policies and threatening the ability of societies to chart their own democratically determined courses. In Governance in a Global Economy, Miles Kahler and David Lake assemble the contributions of seventeen leading scholars who have systematically investigated how global economic integration produces changes of governance. These authors conclude that globalization has created a new and intricate fabric of governance, but one that fails to match the stark portrait of beleaguered states. Exploring changes in governance across several policy areas (such as tourism, trade, finance, and fiscal and monetary policy), the authors demonstrate that globalization changes the policy preferences of some actors, increases the bargaining power of others, and opens new institutional options for yet others. By reintroducing agency and choice into our understanding of globalization, this book provides important new insights into the complex and contingent effects of globalization on political authority and governance. The introduction and the conclusion are by the editors the contributors are James A. Caporaso, Benjamin J. Cohen, Barry Eichengreen, Zachary Elkins, Geoffrey Garrett, Peter Gourevitch, Virginia Haufler, Michael J. Hiscox, Robert O. Keohane, Lisa L. Martin, Walter Mattli, Kathleen R. McNamara, Joseph S. Nye, Jr., Jonathan Rodden, Ronald Rogowski, Beth A. Simmons, and Peter Van Houten.

International economic relations --- Economic policy and planning (general) --- Corporate governance --- International business enterprises --- -International business enterprises --- -Globalization --- -Business enterprises, International --- Corporations, International --- Global corporations --- International corporations --- MNEs (International business enterprises) --- Multinational corporations --- Multinational enterprises --- Transnational corporations --- Business enterprises --- Corporations --- Joint ventures --- Governance, Corporate --- Industrial management --- Directors of corporations --- Global cities --- Globalisation --- Internationalization --- International relations --- Anti-globalization movement --- Management --- Government policy --- Political aspects --- #A0402PSA --- -Management --- -Governance, Corporate --- Business enterprises, International --- POLITICAL SCIENCE / International Relations / General --- Globalization --- Corporate governance. --- Internationale ondernemingen. --- Politieke aspecten. --- Internationalisatie. --- Weltwirtschaft --- Governance --- Politik --- Globalisierung --- Global Governance --- 83.83 large-scale enterprise. --- Mondialisation --- Entreprises multinationales --- Gouvernement d'entreprise. --- Political aspects. --- Government policy. --- Management. --- Aspect politique. --- Politique gouvernementale. --- Gestion. --- -Global cities --- Internationale Politik --- Weltgesellschaft --- Internationalisierung --- Staatspolitik --- Politische Lage --- Politische Entwicklung --- Politische Situation --- Politische Steuerung --- Internationale Wirtschaft --- Internationale Wirtschaftsbeziehungen --- Internationale Wirtschaftspolitik --- Accountability. --- Bank for International Settlements. --- Business economics. --- Capital control. --- Capital cost. --- Capital gain. --- Capital market. --- Capitalism. --- Central bank. --- Competition (economics). --- Consumer organization. --- Consumption (economics). --- Corporate capitalism. --- Corporate social responsibility. --- Currency. --- Decentralization. --- Developed country. --- Economic Life. --- Economic cost. --- Economic development. --- Economic geography. --- Economic globalization. --- Economic history. --- Economic integration. --- Economic interventionism. --- Economic liberalization. --- Economic model. --- Economic planning. --- Economic policy. --- Economic problem. --- Economics. --- Economy and Society. --- Economy. --- Environmental economics. --- Euromarket. --- Externality. --- Financial World. --- Financial capital. --- Financial market participants. --- Fiscal policy. --- Foreign direct investment. --- Free trade debate. --- Global Exchange. --- Global Finance (magazine). --- Global Policy. --- Global financial system. --- Global governance. --- Global production network. --- Global warming. --- Globalism. --- Globalization. --- Governance. --- Hedge fund. --- Index Of Economic Freedom. --- Industrialisation. --- Industry self-regulation. --- Institute of International Finance. --- Institution. --- Institutional economics. --- International Financial Reporting Standards. --- International Monetary Fund. --- International financial institutions. --- International monetary systems. --- International organization. --- International political economy. --- International relations. --- International trade. --- Internationalism (politics). --- Journal of Economic Perspectives. --- Liberalization. --- Long-Term Capital Management. --- Macroeconomics. --- Market economy. --- Market integration. --- Market portfolio. --- Monetary policy. --- Money market. --- Neoclassical Growth Theory. --- New International Economic Order. --- OECD Development Centre. --- Political economy. --- Political entrepreneur. --- Prospectus (finance). --- Public finance. --- Regulatory competition. --- Shareholder. --- Tourism. --- Trade and development. --- Transition economy. --- Transnational governance. --- United Nations Environment Programme. --- Working Group on Financial Markets. --- World Bank. --- World Business Council for Sustainable Development. --- World Development Indicators. --- World Politics. --- World Trade Organization. --- World Wide Web Consortium. --- World economy.