Masooda Bano
- Published in print:
- 2012
- Published Online:
- June 2013
- ISBN:
- 9780804781329
- eISBN:
- 9780804781848
- Item type:
- book
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804781329.001.0001
- Subject:
- Economics and Finance, Development, Growth, and Environmental
Thirty percent of foreign development aid is channeled through NGOs or community-based organizations to improve service delivery to the poor, build social capital, and establish democracy in ...
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Thirty percent of foreign development aid is channeled through NGOs or community-based organizations to improve service delivery to the poor, build social capital, and establish democracy in developing nations. However, growing evidence suggests that aid often erodes, rather than promotes, cooperation within developing nations. This book presents a rare, micro level account of the complex decision-making processes that bring individuals together to form collective-action platforms. It then examines why aid often breaks down the very institutions for collective action that it aims to promote. The book identifies concrete measures to check the erosion of cooperation in foreign aid scenarios. Pakistan is one of the largest recipients of international development aid, and therefore the empirical details presented are particularly relevant for policy. The book's argument is equally applicable to a number of other developing countries, and has important implications for recent discussions within the field of economics.Less
Thirty percent of foreign development aid is channeled through NGOs or community-based organizations to improve service delivery to the poor, build social capital, and establish democracy in developing nations. However, growing evidence suggests that aid often erodes, rather than promotes, cooperation within developing nations. This book presents a rare, micro level account of the complex decision-making processes that bring individuals together to form collective-action platforms. It then examines why aid often breaks down the very institutions for collective action that it aims to promote. The book identifies concrete measures to check the erosion of cooperation in foreign aid scenarios. Pakistan is one of the largest recipients of international development aid, and therefore the empirical details presented are particularly relevant for policy. The book's argument is equally applicable to a number of other developing countries, and has important implications for recent discussions within the field of economics.
Niv Horesh
- Published in print:
- 2013
- Published Online:
- September 2014
- ISBN:
- 9780804787192
- eISBN:
- 9780804788540
- Item type:
- book
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804787192.001.0001
- Subject:
- Economics and Finance, Economic History
This book offers an interpretation of the Chinese monetary system, charting its evolution by examining key moments in history – from BCE 600 up to the present. It places these moments in ...
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This book offers an interpretation of the Chinese monetary system, charting its evolution by examining key moments in history – from BCE 600 up to the present. It places these moments in international perspective by comparing primary sources in multiple languages and across three millennia. The book begins exploring the trajectory of Chinese currency at the birth of coinage around the world and ends with the implications of the current global financial crisis for China and the rest of the world. Its narrative highlights the way that Chinese money developed in relation to the currencies of other countries, paying special attention to the origins of paper money, the relationship between the West’s ascendancy and its mineral riches, the linkages between pre-modern finance, debasement, and then inflation with the emergence of nation-statehood. The book then looks ahead to the possible globalization of the RMB, the currency of the People’s Republic of China against the backdrop of growing global uncertainties as to America’s federal debt.Less
This book offers an interpretation of the Chinese monetary system, charting its evolution by examining key moments in history – from BCE 600 up to the present. It places these moments in international perspective by comparing primary sources in multiple languages and across three millennia. The book begins exploring the trajectory of Chinese currency at the birth of coinage around the world and ends with the implications of the current global financial crisis for China and the rest of the world. Its narrative highlights the way that Chinese money developed in relation to the currencies of other countries, paying special attention to the origins of paper money, the relationship between the West’s ascendancy and its mineral riches, the linkages between pre-modern finance, debasement, and then inflation with the emergence of nation-statehood. The book then looks ahead to the possible globalization of the RMB, the currency of the People’s Republic of China against the backdrop of growing global uncertainties as to America’s federal debt.
W. David Allen
- Published in print:
- 2011
- Published Online:
- June 2013
- ISBN:
- 9780804762526
- eISBN:
- 9780804777599
- Item type:
- book
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804762526.001.0001
- Subject:
- Economics and Finance, Econometrics
This book presents an economic analysis of decisions made by criminals and victims of crime before, during, and after a crime or victimization occurs. Its main purpose is to illustrate how the ...
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This book presents an economic analysis of decisions made by criminals and victims of crime before, during, and after a crime or victimization occurs. Its main purpose is to illustrate how the application of analytical tools from economics can help us to understand the causes and consequences of criminal and victim choices, aiding efforts to deter or reduce the consequences of crime. By examining these decisions along a logical timeline over which crimes take place, we can begin to think more clearly about how policy effects change when it is targeted at specific decisions within the body of a crime. This book differs from others by recognizing the timeline of a crime, paying particular attention to victim decisions, and examining each step in the crime cycle at the micro-level. It demonstrates that criminals plan their crimes in systematic, economically logical ways; that deterring the destruction of criminal evidence may deter crime in general; and that white-collar criminals exhibit recidivism patterns not unlike those of street criminals. It further shows that the degree of criminality in a society motivates a variety of self-protection behaviors by potential victims; that not all victim resistance makes matters worse (and some may help); and that victims who report their crimes do not receive high returns for going to the police, helping to explain why some crimes ultimately go unreported.Less
This book presents an economic analysis of decisions made by criminals and victims of crime before, during, and after a crime or victimization occurs. Its main purpose is to illustrate how the application of analytical tools from economics can help us to understand the causes and consequences of criminal and victim choices, aiding efforts to deter or reduce the consequences of crime. By examining these decisions along a logical timeline over which crimes take place, we can begin to think more clearly about how policy effects change when it is targeted at specific decisions within the body of a crime. This book differs from others by recognizing the timeline of a crime, paying particular attention to victim decisions, and examining each step in the crime cycle at the micro-level. It demonstrates that criminals plan their crimes in systematic, economically logical ways; that deterring the destruction of criminal evidence may deter crime in general; and that white-collar criminals exhibit recidivism patterns not unlike those of street criminals. It further shows that the degree of criminality in a society motivates a variety of self-protection behaviors by potential victims; that not all victim resistance makes matters worse (and some may help); and that victims who report their crimes do not receive high returns for going to the police, helping to explain why some crimes ultimately go unreported.
Paul W. Rhode, Joshua L. Rosenbloom, and David F. Weiman (eds)
- Published in print:
- 2011
- Published Online:
- June 2013
- ISBN:
- 9780804771856
- eISBN:
- 9780804777629
- Item type:
- book
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804771856.001.0001
- Subject:
- Economics and Finance, Economic History
This book challenges the static, ahistorical models on which economics continues to rely. These models presume that markets operate on a “frictionless” plane where abstract forces play out ...
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This book challenges the static, ahistorical models on which economics continues to rely. These models presume that markets operate on a “frictionless” plane where abstract forces play out independent of their institutional and spatial contexts, and of the influences of the past. In reality, at any point in time exogenous factors are themselves outcomes of complex historical processes, and are shaped by institutional and spatial contexts, which are “carriers of history,” including past economic dynamics and market outcomes. To examine the connections between gradual, evolutionary change and more dramatic, revolutionary shifts, the text takes on a wide array of historically salient economic questions—ranging from how formative, European encounters reconfigured the political economies of indigenous populations in Africa, the Americas, and Australia to how the rise and fall of the New Deal order reconfigured labor market institutions and outcomes in the twentieth-century United States. These explorations are joined by a common focus on formative institutions, spatial structures, and market processes. Through historically informed economic analyses, contributors recognize the myriad interdependencies among these three frames, as well as their distinct logics and temporal rhythms.Less
This book challenges the static, ahistorical models on which economics continues to rely. These models presume that markets operate on a “frictionless” plane where abstract forces play out independent of their institutional and spatial contexts, and of the influences of the past. In reality, at any point in time exogenous factors are themselves outcomes of complex historical processes, and are shaped by institutional and spatial contexts, which are “carriers of history,” including past economic dynamics and market outcomes. To examine the connections between gradual, evolutionary change and more dramatic, revolutionary shifts, the text takes on a wide array of historically salient economic questions—ranging from how formative, European encounters reconfigured the political economies of indigenous populations in Africa, the Americas, and Australia to how the rise and fall of the New Deal order reconfigured labor market institutions and outcomes in the twentieth-century United States. These explorations are joined by a common focus on formative institutions, spatial structures, and market processes. Through historically informed economic analyses, contributors recognize the myriad interdependencies among these three frames, as well as their distinct logics and temporal rhythms.
Patrick Anderson
- Published in print:
- 2013
- Published Online:
- September 2013
- ISBN:
- 9780804758307
- eISBN:
- 9780804783224
- Item type:
- book
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804758307.001.0001
- Subject:
- Economics and Finance, Financial Economics
For decades, the traditional approaches to business valuation (market, asset, and income) have taken center stage in the assessment of the firm. This book presents an expanded valuation toolkit, ...
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For decades, the traditional approaches to business valuation (market, asset, and income) have taken center stage in the assessment of the firm. This book presents an expanded valuation toolkit, consisting of nine well-defined valuation principles hailing from the fields of economics, finance, accounting, taxation, and management. It ultimately argues that the “value functional” approach to business valuation avoids most of the shortcomings of its competitors, and more correctly matches the actual motivations and information held by stakeholders. To remedy the shortcomings of existing theory, the author proposes a new definition of the firm that is consistent with the principle that entrepreneurs maximize value, not profit.Less
For decades, the traditional approaches to business valuation (market, asset, and income) have taken center stage in the assessment of the firm. This book presents an expanded valuation toolkit, consisting of nine well-defined valuation principles hailing from the fields of economics, finance, accounting, taxation, and management. It ultimately argues that the “value functional” approach to business valuation avoids most of the shortcomings of its competitors, and more correctly matches the actual motivations and information held by stakeholders. To remedy the shortcomings of existing theory, the author proposes a new definition of the firm that is consistent with the principle that entrepreneurs maximize value, not profit.
Stephen F. Ross and Stefan Szymanski
- Published in print:
- 2008
- Published Online:
- June 2013
- ISBN:
- 9780804756686
- eISBN:
- 9780804769778
- Item type:
- book
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804756686.001.0001
- Subject:
- Economics and Finance, Behavioural Economics
This book is a clarion call to sports fans. It proposes a significant restructuring of sports leagues. The book sets out a rational program for a revolution that will serve the best interests of the ...
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This book is a clarion call to sports fans. It proposes a significant restructuring of sports leagues. The book sets out a rational program for a revolution that will serve the best interests of the fans and of the sport itself. But the book is not Marxist: it shows how a revolution in the organization of sports might even benefit the owners. By harnessing the power of markets, sports leagues can be made both more responsive to the needs of the fans, and more efficient. Many years were spent before this bok was written evaluating the ways in which leagues work across the globe. Drawing on an extensive study of leagues, the book boils down a plan to two major reforms. Borrowing from NASCAR, the book proposes that team owners should not own sports leagues as well. Rather, league ownership should be separate. The second proposal is drawn from soccer: introduce competition through a promotion and relegation system. In this type of system, the worst teams in the league are kicked out at the end of the season and replaced by the best-performing teams in the next division down. This gives poor performing teams incentive to step up their game, and allows fresh blood to enter the leagues if the poor performers fail to do so.Less
This book is a clarion call to sports fans. It proposes a significant restructuring of sports leagues. The book sets out a rational program for a revolution that will serve the best interests of the fans and of the sport itself. But the book is not Marxist: it shows how a revolution in the organization of sports might even benefit the owners. By harnessing the power of markets, sports leagues can be made both more responsive to the needs of the fans, and more efficient. Many years were spent before this bok was written evaluating the ways in which leagues work across the globe. Drawing on an extensive study of leagues, the book boils down a plan to two major reforms. Borrowing from NASCAR, the book proposes that team owners should not own sports leagues as well. Rather, league ownership should be separate. The second proposal is drawn from soccer: introduce competition through a promotion and relegation system. In this type of system, the worst teams in the league are kicked out at the end of the season and replaced by the best-performing teams in the next division down. This gives poor performing teams incentive to step up their game, and allows fresh blood to enter the leagues if the poor performers fail to do so.
T. Randolph Beard, David L. Kaserman, and Rigmar Osterkamp
- Published in print:
- 2013
- Published Online:
- June 2013
- ISBN:
- 9780804784092
- eISBN:
- 9780804784641
- Item type:
- book
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804784092.001.0001
- Subject:
- Economics and Finance, Public and Welfare
Although organ transplants provide the best, and often the only, effective therapy for many otherwise fatal conditions, the great benefits of transplantation go largely unrealized because of failures ...
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Although organ transplants provide the best, and often the only, effective therapy for many otherwise fatal conditions, the great benefits of transplantation go largely unrealized because of failures in the organ acquisition process. In the United States, for instance, more than 10,000 people die every year either awaiting transplantation, or as a result of deteriorating health exacerbated by the shortage of organs. Issues pertaining to organ donation and transplantation represent, perhaps, the most complex and morally controversial medical dilemmas aside from abortion and euthanasia. However, these quandaries are not unsolvable. This book proposes compensating organ donors within a publicly controlled monopsony. This proposal is quite similar to current practice in Spain, where compensation for cadaveric donation now occurs “in secret,” as this text reveals. To build their recommendations, the authors provide a medical history of transplantation; a history of the development of national laws and waiting lists; a careful examination of the social costs and benefits of transplantation; a discussion of the causes of organ shortages; an evaluation of “partial” reforms tried or proposed; and an extensive ethical evaluation of the current system and its competitors.Less
Although organ transplants provide the best, and often the only, effective therapy for many otherwise fatal conditions, the great benefits of transplantation go largely unrealized because of failures in the organ acquisition process. In the United States, for instance, more than 10,000 people die every year either awaiting transplantation, or as a result of deteriorating health exacerbated by the shortage of organs. Issues pertaining to organ donation and transplantation represent, perhaps, the most complex and morally controversial medical dilemmas aside from abortion and euthanasia. However, these quandaries are not unsolvable. This book proposes compensating organ donors within a publicly controlled monopsony. This proposal is quite similar to current practice in Spain, where compensation for cadaveric donation now occurs “in secret,” as this text reveals. To build their recommendations, the authors provide a medical history of transplantation; a history of the development of national laws and waiting lists; a careful examination of the social costs and benefits of transplantation; a discussion of the causes of organ shortages; an evaluation of “partial” reforms tried or proposed; and an extensive ethical evaluation of the current system and its competitors.
John A. Mathews
- Published in print:
- 2014
- Published Online:
- May 2015
- ISBN:
- 9780804791502
- eISBN:
- 9780804793162
- Item type:
- book
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804791502.001.0001
- Subject:
- Economics and Finance, Development, Growth, and Environmental
This book starts from the observation that the rise of China, India and other newly industrializing countries constitutes a triumph of industrialization in that it is lifting hundreds of millions of ...
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This book starts from the observation that the rise of China, India and other newly industrializing countries constitutes a triumph of industrialization in that it is lifting hundreds of millions of people out of poverty. At the same time it confronts the “inconvenient truth” that the model of industrialization utilized so far, based on fossil fuels and extensive resource throughput, cannot scale to accommodate the needs of billions more people. Since it is unthinkable that China et al should be told that they are not allowed to grow their way out of poverty, the only solution lies in finding a new development model. This book argues that such a model is indeed being pursued – a “green growth” model – and that the principal exponent of such a transformation is China itself. It argues that the transformation is occurring not just at the level of macro policies but fundamentally at the level of new energy systems, new resource circulating systems, and new systems of eco-finance channeling investment in these new directions. Against those who hold that carbon taxes and carbon markets should be allowed to lead this transition, the book points to the efficacy of China’s approach in utilizing strong state interventions to guide the system onto a new, renewable (green) trajectory, even as it grows the coal-fired (black) trajectory as well. The book is neither optimistic nor pessimistic but realist in its evaluation of the forces unleashed, constituting a vast uncontrolled experiment whose outcome is anything but determined.Less
This book starts from the observation that the rise of China, India and other newly industrializing countries constitutes a triumph of industrialization in that it is lifting hundreds of millions of people out of poverty. At the same time it confronts the “inconvenient truth” that the model of industrialization utilized so far, based on fossil fuels and extensive resource throughput, cannot scale to accommodate the needs of billions more people. Since it is unthinkable that China et al should be told that they are not allowed to grow their way out of poverty, the only solution lies in finding a new development model. This book argues that such a model is indeed being pursued – a “green growth” model – and that the principal exponent of such a transformation is China itself. It argues that the transformation is occurring not just at the level of macro policies but fundamentally at the level of new energy systems, new resource circulating systems, and new systems of eco-finance channeling investment in these new directions. Against those who hold that carbon taxes and carbon markets should be allowed to lead this transition, the book points to the efficacy of China’s approach in utilizing strong state interventions to guide the system onto a new, renewable (green) trajectory, even as it grows the coal-fired (black) trajectory as well. The book is neither optimistic nor pessimistic but realist in its evaluation of the forces unleashed, constituting a vast uncontrolled experiment whose outcome is anything but determined.
Alberto Davila and Marie T. Mora
- Published in print:
- 2013
- Published Online:
- May 2014
- ISBN:
- 9780804777933
- eISBN:
- 9780804788014
- Item type:
- book
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804777933.001.0001
- Subject:
- Economics and Finance, Development, Growth, and Environmental
This book provides an in-depth economic and policy analysis of Hispanic entrepreneurs in the first decade of the 2000s. This book captures a flavor of issues related to the business cycle, economic ...
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This book provides an in-depth economic and policy analysis of Hispanic entrepreneurs in the first decade of the 2000s. This book captures a flavor of issues related to the business cycle, economic outcomes (such as employment, sales, and contributions to tax coffers), socio-demographic characteristics, access to financial capital, the use and importance of digital technology, and public procurement and other policies affecting Hispanic business owners in the early 2000s. One distinguishing feature of this book is that it provides a comprehensive empirical analysis of many of these issues for specific Hispanic populations, such as men versus women, immigrants versus natives, and across Hispanic sub-groups (Mexican Americans, Puerto Ricans, Cubans, and Salvadorans). The first decade of the 2000s witnessed the dramatic growth in the Hispanic population and the intensification of their entrepreneurial tendencies. If these demographic changes continue as the 2000s unfold, Hispanic entrepreneurship will become an increasingly vital component of American job creation and to the economic direction of the nation.Less
This book provides an in-depth economic and policy analysis of Hispanic entrepreneurs in the first decade of the 2000s. This book captures a flavor of issues related to the business cycle, economic outcomes (such as employment, sales, and contributions to tax coffers), socio-demographic characteristics, access to financial capital, the use and importance of digital technology, and public procurement and other policies affecting Hispanic business owners in the early 2000s. One distinguishing feature of this book is that it provides a comprehensive empirical analysis of many of these issues for specific Hispanic populations, such as men versus women, immigrants versus natives, and across Hispanic sub-groups (Mexican Americans, Puerto Ricans, Cubans, and Salvadorans). The first decade of the 2000s witnessed the dramatic growth in the Hispanic population and the intensification of their entrepreneurial tendencies. If these demographic changes continue as the 2000s unfold, Hispanic entrepreneurship will become an increasingly vital component of American job creation and to the economic direction of the nation.
Andreas Savvides and Thanasis Stengos
- Published in print:
- 2008
- Published Online:
- June 2013
- ISBN:
- 9780804755405
- eISBN:
- 9780804769761
- Item type:
- book
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804755405.001.0001
- Subject:
- Economics and Finance, Econometrics
This book provides an in-depth investigation of the link between human capital and economic growth. The book examines the determinants of economic growth through a historical overview of the concept ...
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This book provides an in-depth investigation of the link between human capital and economic growth. The book examines the determinants of economic growth through a historical overview of the concept of human capital. The text fosters an understanding of the connection between human capital and economic growth through the exploration of different theoretical approaches, a review of the literature, and the application of nonlinear estimation techniques to a comprehensive data set. The book discusses nonparametric econometric techniques and their application to estimating nonlinearities—which has emerged as one of the most salient features of empirical work in modeling the human capital–growth relationship, and the process of economic growth in general.Less
This book provides an in-depth investigation of the link between human capital and economic growth. The book examines the determinants of economic growth through a historical overview of the concept of human capital. The text fosters an understanding of the connection between human capital and economic growth through the exploration of different theoretical approaches, a review of the literature, and the application of nonlinear estimation techniques to a comprehensive data set. The book discusses nonparametric econometric techniques and their application to estimating nonlinearities—which has emerged as one of the most salient features of empirical work in modeling the human capital–growth relationship, and the process of economic growth in general.
Stochastic Optimal Control, International Finance, and Debt Crises
Income Distribution
Natural Justice
Capitalism Unleashed
Pricing Decisions in the Euro Area
External Liberalization, Economic Performance and Social Policy
Global Governance of Financial Systems
Rethinking the Keynesian Revolution
Schelling's Game Theory
