In the early 1960s, fewer than five percent of Japanese owned automobiles, China’s per capita income was among the lowest in Asia, and living standards in South Korea’s rural areas were on par with some of the world’s poorest countries. Today, these are three of the most powerful economies on earth. Dwight Perkins grapples with both the contemporary and historical causes and consequences of the turnaround, drawing on firsthand experience in the region to explain how Asian countries sustained such rapid economic growth in the second half of the twentieth century.

East Asian Development offers a comprehensive view of the region, from Japan and the “Asian Tigers” (Hong Kong, Singapore, Taiwan, South Korea) to Indonesia, Vietnam, Thailand, Malaysia, and China—a behemoth larger than all the other economies combined. While the overall picture of Asian growth is positive, no single economic policy has been effective regionwide. Interventionist policies that worked well in some countries failed elsewhere. Perkins analyzes income distribution, to uncover why initially egalitarian societies have ended up in very different places, with Japan, for example, maintaining a modest gap between rich and poor while China has become one of Asia’s most unequal economies.

Today, the once-dynamic Japanese and Korean economies are sluggish, and even China shows signs of losing steam. Perkins investigates whether this is a regional phenomenon or typical of all economies at this stage of development. His inquiry reminds us that the uncharted waters of China’s vast economy make predictions of its future performance speculative at best.

Conventional economics is often criticized for failing to reflect adequately the value of clean air and water, species diversity, and social and generational equity. By excluding biophysical and social systems from their analyses, many conventional economists overlook problems of the increasing scale of human impacts and the inequitable distribution of resources. Ecological Economics is an introductory-level textbook for an emerging paradigm that addresses this flaw in much economic thought. The book defines a revolutionary "transdiscipline" that incorporates insights from the biological, physical, and social sciences, and it offers a pedagogically complete examination of this exciting new field. It provides students with a foundation in traditional neoclassical economic thought, but places that foundation within a new interdisciplinary framework that embraces the linkages among economic growth, environmental degradation, and social inequity. Introducing the three core issues that are the focus of the new transdiscipline -- scale, distribution, and efficiency -- the book is guided by the fundamental question, often assumed but rarely spoken in traditional texts: What is really important to us? After explaining the key roles played by the earth's biotic and abiotic resources in sustaining life, the text is then organized around the main fields in traditional economics: microeconomics, macroeconomics, and international economics. The book also takes an additional step of considering the policy implications of this line of thinking. Ecological Economics includes numerous features that make it accessible to a wide range of students: more than thirty text boxes that highlight issues of special importance to students lists of key terms that help students organize the main points in each chapter concise definitions of new terms that are highlighted in the text for easy reference study questions that encourage student exploration beyond the text glossary and list of further readings An accompanying workbook presents an innovative, applied problem-based learning approach to teaching economics. While many books have been written on ecological economics, and several textbooks describe basic concepts of the field, this is the only stand-alone textbook that offers a complete explanation of both theory and practice. It will serve an important role in educating a new generation of economists and is an invaluable new text for undergraduate and graduate courses in ecological economics, environmental economics, development economics, human ecology, environmental studies, sustainability science, and community development.

Olga Linares offers a reinterpretation of the Classic rank-societies of the central Panamanian provinces based on archaeological, ecological, iconographic, ethnohistoric, and ethnographic evidence, and concludes that the art style of this area used animal motifs as a metaphor in expressing the qualities of aggression and hostility characteristic of social and political life in the central provinces.

Policy makers often call for increased spending on infrastructure, which can encompass a broad range of investments, from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to the near-term macroeconomic benefits, such as job creation, associated with infrastructure spending; others point to the long-term effects of such spending on productivity and economic growth. 

Economic Analysis and Infrastructure Investment explores the links between infrastructure investment and economic outcomes, analyzing key economic issues in the funding and management of infrastructure projects. It includes new research on the short-run stimulus effects of infrastructure spending, develops new estimates of the stock of US infrastructure capital, and explores incentive aspects of public-private partnerships with particular attention to their allocation of risk. The volume provides a reference for researchers seeking to study infrastructure issues and for policymakers tasked with determining the appropriate level and allocation of infrastructure spending.

These fourteen essays covering a wide range of subjects of great current interest reflect the continuous evolution of the author’s thought from 1951 to 1961. Range and flexibility characterize Alexander Gerschenkron’s dynamic approach to Europe’s industrial history. Connecting evolution in individual countries with their degree of economic backwardness, he presents the industrialization of the continent as a “case of unity in diversity,” thus offering a cogent alternative, supported by case studies, to the traditional view of industrialization as monotonous repetition of the same process from country to country. Brought together for the first time, these essays were originally published in specialized periodicals in the United States and abroad.

Explaining and systematizing the elements of creative innovation in industrial history, Gerschenkron opens new paths of research and poses a number of pertinent questions for the problem of economic development in backward countries. His versatile analysis not only includes construction of ingenious industrial output indices and fruitful historical hypotheses on the index-number problem, but also original insights gleaned from a study of Soviet novels and a brilliant critique of Doctor Zhivago.

For decades, Central America has faced market dependency, natural disasters, and political systems characterized by protectionist policies and low participation--situations that have had a tremendous impact on its economic development.

This two-volume set is a comprehensive assessment of Central America's position in the world economy, and it serves as a handbook for the important economic reforms Central America must undertake to become a viable competitor in the international economy.

For decades, Central America has faced market dependency, natural disasters, and political systems characterized by protectionist policies and low participation--situations that have had a tremendous impact on its economic development.

This two-volume set is a comprehensive assessment of Central America's position in the world economy, and it serves as a handbook for the important economic reforms Central America must undertake to become a viable competitor in the international economy.

Marine pollution causes significant damage to fisheries and other economically productive uses of the ocean. The value of that damage can be quantified by economists, but the meanings of those valuations and how they are derived are often obscure to noneconomists.Economic Losses from Marine Pollution brings a fuller understanding of the variety and extent of marine losses and how they are assessed to scientists, lawyers, and environmentalists by systematically identifying and classifying marine losses and relating them to models and methods of economic valuation. The authors use a step-by-step approach to show how economists have used these methods and how they approach the problem of assessing economic damage.The book begins by describing the importance of economic valuation of marine damages, the history of concern over marine pollution, and the development of economic methodologies to assess damage from it. Following that, the book: considers types of marine pollution and their effects on organisms, ecosystems, and humans, and the corresponding economic effects of those biological impacts introduces the economic principles and methods needed to understand and to assess economic damages expresses losses from water quality impairments in terms of economic value introduces the basic economic techniques that have been developed and used to measure changes in economic value discusses how to apply those economic techniques, and presents a variety of practical examples explores limitations and problems that can arise in such applied work.Economic Losses from Marine Pollution includes all of the relevant economic theory together with specific examples of how that theory has been and can be applied. It offers environmental professionals with little or no background in economics the basic economic tools needed to understand economic valuations of environmental damage, and represents a unique handbook for environmental and marine scientists, lawyers, economists, policy professionals, and anyone interested in issues of marine water quality.

This book provides a systematic and coherent framework for understanding the interactions between the micro and macro dimensions of economic adjustment policies; that is, it explores short-run macroeconomic management and structural adjustment policies aimed at promoting economic growth. It emphasizes the importance of structural microeconomic characteristics in the transmission of policy shocks and the response of the economy to adjustment policies. It has particular relevance to the economics of developing countries.

The book is directed to economists interested in an overview of the economics of reform; economists in international organizations, such as the UN, the IMF, and the World Bank, dealing with development; and economists in developing countries. It is also a text for advanced undergraduate students pursuing a degree in economic policy and management and students in political science and public policy.

Religion has not been a popular target for economic analysis. Yet the tools of economics can offer deep insights into how religious groups compete, deliver social services, and reach out to potential converts—how, in daily life, religions nurture and deploy market power. Sriya Iyer puts these tools to use in an expansive, creative study of India, one of the most religiously diverse countries in the world.

Iyer explores how growth, inequality, education, technology, and social trends both affect and are affected by religious groups. Her exceptionally rich data—drawn from ten years of research, including a survey of almost 600 religious organizations in seven states—reveal the many ways religions interact with social welfare and political conflict. After India’s economy was liberalized in 1991, she shows, religious organizations substantially increased their provision of services, compensating for the retreat of the state. Iyer’s data also indicate that religious violence is more common where economic growth is higher, apparently because growth increases inequality, which sectarian politicians might exploit to encourage hostility toward other religions. As inequality leads to social polarization, religious doctrines become more extreme. But there are hopeful patterns in Iyer’s data, too. Religious organizations, on balance, play a positive role in India’s socioeconomic development, and women’s participation in religious life is on the rise.

The Economics of Religion in India has much to teach us about India and other pluralistic societies the world over, and about the power of economics to illuminate some of societies’ deepest beliefs and dynamics.

Feeding the world’s growing population is a critical policy challenge for the twenty-first century. With constraints on water, arable land, and other natural resources, agricultural innovation is a promising path to meeting the nutrient needs for future generations. At the same time, potential increases in the variability of the world’s climate may intensify the need for developing new crops that can tolerate extreme weather. Despite the key role for scientific breakthroughs, there is an active discussion on the returns to public and private spending in agricultural R&D, and many of the world’s wealthier countries have scaled back the share of GDP that they devote to agricultural R&D. Dwindling public support leaves universities, which historically have been a major source of agricultural innovation, increasingly dependent on industry funding, with uncertain effects on the nature and direction of agricultural research. All of these factors create an urgent need for systematic empirical evidence on the forces that drive research and innovation in agriculture. This book aims to provide such evidence through economic analyses of the sources of agricultural innovation, the challenges of measuring agricultural productivity, the role of universities and their interactions with industry, and emerging mechanisms that can fund agricultural R&D. 

Ecotourism is defined as "responsible travel to natural areas which conserves the environment and improves the welfare of local people." Many see it as a panacea for developing nations -- a source of clean development that can bring wealth to rural communities while simultaneously helping to preserve pristine environments. But has the reality lived up to the promise? And is that even possible.In Ecotourism and Sustainable Development, Martha Honey presents an overview of the ecotourism industry and a first-hand account of ecotourism projects around the world. Based on interviews and visits to ecotourist hotspots in Latin America and Africa, she offers a vivid description and analysis of projects that meet the goals and standards of ecotourism as well as those that claim to be ecotourism but in reality fall short. She presents in-depth case studies of seven destinations (Galapagos, Costa Rica, Cuba, Zanzibar, Tanzania, Kenya, and South Africa) that serve to illustrate the real world of ecotourism. For each, she offers an ecotourism scorecard, grading it on its adherence to the enumerated principles of ecotourism and sustainable development.Honey addresses topics such as the evolution and principles of ecotourism, where profits go, and the mechanics and politics of the tourist industry as a whole. The case studies highlight the economic and cultural impacts of tourism development on indigenous populations as well as on ecosystems. Honey also surveys current thinking and policies of environmental groups, and looks at how political situations, human rights records, and natural resource management influence travel decisions.Ecotourism and Sustainable Development provides a unique and compelling look at the promise and pitfalls of ecotourism. It is the only such account of worldwide ecotourism available today, and is an important guide for students and researchers involved with international development, geography, or tourism, as well as for anyone interested in becoming a more environmentally sensitive traveller.

This volume examines major theories of the relationships between education and political and economic development in the context of experiences of South Korea. Covering the years 1945-1975, the book includes analyses of changes in curriculum goals and practices, the impact of planning, costs and financing of education and political and economic outcomes. It reviews previous works in English and Korean and analyzes previously unavailable sociological and economic data.

“Blood,” Goethe observed in Faust, “is a very special juice.” How special it is and how complex as well is revealed in Douglas Surgenor’s Edwin J. Cohn and the Development of Protein Chemistry.

As Surgenor aptly shows, what began as a modest program in basic research at the Harvard Medical School in 1920 with the establishment of a small laboratory for the study of the physical chemistry of proteins, suddenly and quite unexpectedly took on immensely practical proportions twenty years later when the onset of World War II made requisite new sophisticated blood techniques and blood substitutes for the treatment of military casualties.

The knowledge and expertise gained by Edwin Cohn and his laboratory associates in the study of proteins, amino acids, and peptides in blood after 1920 put them in a unique position to carry out the search for new blood products. Edwin J. Cohn and the Development of Protein Chemistry discloses how the wartime emergency called into play Cohn’s talents as a leader who drew together chemists, clinicians, pathologists, immunologists, and others in the attainment of a complex goal. The revolution Cohn started has still not run its course.

What makes civil society organizations effective performers? What are key practices for businesses creating social value activities as a part of their overall operations? Business leaders have long analyzed corporate practices; this book represents an innovative analysis of how one does good in an effective and strategic manner. This book aims to enable social and business leaders to gain a greater understanding of how to achieve high performance in terms of social value creation.

Social Enterprise Knowledge Network is a research partnership encompassing eleven leading management schools—nine in Latin America, one in Spain, and Harvard Business School—with a demonstrated capacity to produce high-quality, original, field-based research in Latin America.

Based on the results of a two-year research process on how social and business organizations in Iberoamerica achieve superior social performance, Effective Management of Social Enterprises presents the most comprehensive and in-depth analysis of such practices ever undertaken in this region. This practitioner-oriented book also enriches the literature on organizational performance, social enterprise, and corporate social responsibility, and on Iberoamerica more generally.

This book covers the development of electric cars from their early days to pure electric, fuel-cell and new hybrid models in production. It covers the latest technological issues faced by automotive engineers working on electric cars, including charging, infrastructure, safety and costs, as well as making predictions about future developments and vehicle numbers. Considerable work has gone into electric car and battery development in the last ten years, with the prospect of substantial improvements in range and performance in battery cars as well as in hybrids and those using fuel cells. The book comprehensively covers this important subject and will be of particular interest to engineers working on electric vehicle design, development and use, as well as managers interested in the key business factors vital for the successful transfer of electric cars into the mass market.

The task of ending famine in India was taken up by many at the beginning of the twentieth century. Only decades earlier, famine in India had been believed to be a necessary evil. Now it was the reason for the increasing activities of doctors, nutritionists, social reformers, agricultural experts, missionaries, anti-colonial activists and colonial administrators, all involved in temporary relief and finding permanent solutions to famine. The involvement of this panoply of historical actors places Indian famines in the centre of the converging histories of humanitarianism, development, nutrition and (anti-) colonialism. Tracing their activities renders such convergences visible and pushes the boundaries of the history of famines in South Asia beyond its common spatial and temporal frames. Ending Famine in India examines the tripartite relationship of India, Britain and the United States, linking the late-Victorian holocausts with the struggle for food security in the 1950s.

Not since Charles and Mary Beard's The Rise of American Civilization has a narrative been written for the general reader and student alike that so superbly explicates the origins of American capitalism. Arguing that the central fact explaining the success of the American experiment is the development of the economy, the distinguished economic historian Stuart Bruchey shows the reciprocal relationship between economic growth and values, law, and social and political change, as well as between economic development and the more traditional variables of capital, labor, and resources.

Enterprising, risk-taking men and women in all walks of life are at the center of the remarkable story that is the American dream and reality. The farm family moving to an unfamiliar environment and trying new technology; the business executive or worker with a new idea for improving a machine; the jurist venturing down a different legal path to sharpen incentives to invest; lawmakers of all kinds risking tenure or office by giving priority to measures designed to entice capital and labor to their jurisdictions—these entrepreneurs provided the leaven that gradually raised the living standards of the average person to heights unknown anywhere in the past.

Twenty years in the writing, Enterprise summarizes the scholarly contributions of historians and social scientists. It reaches deep into the European past—to fourteenth-century Italy—to retrace the origins of American capitalism. The author tells the story of individual achievement and vertical social mobility and their triumph over obstacles, a never-ending theme of American enterprise. Whether Americans maintain those heights today or will suffer a decline as the price of 1980s “now-nowism”—as Richard Darman characterizes this decade of wanting everything, at once, and paying nothing—remains to be seen.

The idea that the African private sector will generate economic prosperity and social wealth—an objective many governments and foreign charitable organizations have failed to achieve—continues to attract attention in business and policy circles. Yet little research has actually been conducted on Africapitalist endeavors. With the immense popularity of sports and the many aspirations they foster, the successes and shortcomings of soccer academies have kicked their way into the spotlight. Entrepreneurial Goals breaks away from studies that focus on the international relations consequences of soccer ventures, which are often rebuked as extended forms of European colonialism and exploitation of local talent, and instead centers Ghanaian establishments and the opportunities they create for local development within their surrounding communities.

Itamar Dubinsky’s extensive ethnographic research offers an innovative theoretical approach by assessing three institutions—Mandela Soccer Academy, Kumasi Sports Academy, and Unistar Soccer Academy—through an Africapitalist prism. He demonstrates that these business endeavors, when viewed from the perspective of local interests, realize many of the educational, financial, and community building ambitions of the region. This pioneering examination of locally owned academies in Ghana reflects Dubinsky’s aim of illuminating the entrepreneurs and programs whose success passes to participating youth and their families, while also exposing the contradictions of for-profit development initiatives that purport to reap collective social benefits.

Malaysia interests development practitioners for many reasons, not least because of its remarkably rich natural environment. Environment and Development in a Resource-Rich Economy provides an invaluable analysis of major natural resource and environmental policy issues in the country during the 1970s and 1980s--a period of profound socioeconomic changes, rapid depletion of natural resources, and the emergence of serious air and water pollution problems.

What is path-breaking about this book is its emphasis on economics as a source of concepts and methods for analyzing natural resource and environmental issues and policy responses. The authors' access to unpublished data and key decision makers makes this account of extensive, field-based research an essential reference for policy makers and researchers concerned about environmental and natural resource management--both in Malaysia and throughout the globe. The book should be of particular interest for students who hope to understand more thoroughly the economic underpinnings of natural resource and environmental management policy.

In 1965, Royal Dutch Shell started experimenting with a new approach to preparing for the future. This approach, called scenario planning, eschewed forecasting in favor of plausible alternative stories. By using stories, or Ÿscenarios,Œ Shell aimed to avoid the false assumption that the future would look much like the present“an assumption that marred most corporate planning at the time. The Essence of Scenarios offers unmatched insight into the company’s innovative practice, which still has a huge influence on the way businesses, governments, and other organizations think about and plan for the future.In the course of their research, Angela Wilkinson and Roland Kupers interviewed almost every living veteran of the Shell scenario planning operation, along with many top Shell executives from later periods. Drawing on these interviews, the authors identify several principles that characterize the Shell process and explain how it has survived and thrived for so long. They also enumerate the qualities of successful Shell scenarios, which above all must be plausible stories with logical trajectories. Ultimately, Wilkinson and Kupers demonstrate the value of scenario planning as a sustained practice, rather than as a one-off exercise.

Academic analysis of business ethics in Southeast Asia. 

Taking cues from the Japanese concept of ethical or stakeholder capitalism, this book demonstrates how the business activities of firms in Thailand and Indonesia are guided by their perceptions of morality in society and their concerns about the environment. The authors explore the likelihood that foreign influences contributed to the development of such management philosophies, for example through the expansion of Japanese subsidiary firms in the 1980s or the spread of foreign articulations of the concept of corporate social responsibility (CSR) since the 2000s. Companies in both countries may exercise a degree of pragmatism in how they develop these activities. As the authors reveal, the perceptions of morality in business that have shaped many entrepreneurs and companies in Thailand and Indonesia are their responses to the dynamic political, social, and economic factors that have formed the business environments of both countries.