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The definitive reference on the most current economics of development and institutions The essential role that institutions play in understanding economic development has long been recognized across the social sciences, including in economics. Academic and policy interest in this subject has never been higher. The Handbook of Economic Development and Institutions is the first to bring together in one single volume the most cutting-edge work in this area by the best-known international economists. The volume's editors, themselves leading scholars in the discipline, provide a comprehensive introduction, and the stellar contributors offer up-to-date analysis into institutional change and its interactions with the dynamics of economic development. This book focuses on three critical issues: the definitions of institutions in order to argue for a causal link to development, the complex interplay between formal and informal institutions, and the evolution and coevolution of institutions and their interactions with the political economy of development. Topics examined include the relationship between institutions and growth, educational systems, the role of the media, and the intersection between traditional systems of patronage and political institutions. Each chapter--covering the frontier research in its area and pointing to new areas of research--is the product of extensive workshopping on the part of the contributors. The definitive reference work on this topic, The Handbook of Economic Development and Institutions will be essential for academics, researchers, and professionals working in the field.

E-books --- 330.48 --- Neo-klassiekers en andere post-keynesiaanse theorieën. Public choice. Institutionalisten. Home economics. Analyseschool van de transactiekosten --- International economic relations --- Economic development --- Economics --- Economic policy. --- Economic nationalism --- Economic planning --- National planning --- State planning --- Planning --- National security --- Social policy --- Economic sociology --- Socio-economics --- Socioeconomics --- Sociology of economics --- Sociology --- Political aspects. --- Sociological aspects. --- Social aspects --- Accountability. --- Aid. --- Anecdotal evidence. --- Bribery. --- Capital accumulation. --- Case study. --- Civil society. --- Clientelism. --- Collective action. --- Comparative advantage. --- Competition. --- Consumer. --- Corruption. --- Decentralization. --- Decision-making. --- Department for International Development. --- Determinant. --- Developed country. --- Developing country. --- Development economics. --- Economic development. --- Economic growth. --- Economic inequality. --- Economics. --- Economist. --- Economy. --- Employment. --- Endogeneity (econometrics). --- Endogeneity. --- Entrepreneurship. --- Ethnic group. --- Export. --- Expropriation. --- Externality. --- Finance. --- Funding. --- General equilibrium theory. --- Governance. --- Household. --- Human capital. --- Implementation. --- Incentive. --- Income. --- Individualism. --- Inefficiency. --- Information asymmetry. --- Infrastructure. --- Institution. --- Instrumental variable. --- Insurance. --- Investment. --- Investor. --- Latin America. --- Market (economics). --- Market economy. --- Market failure. --- Measurement. --- Meta-analysis. --- Natural resource. --- Norm (social). --- Ownership. --- Payment. --- Percentage point. --- Policy. --- Political economy. --- Political science. --- Politician. --- Politics. --- Poverty. --- Prediction. --- Principal–agent problem. --- Private sector. --- Privatization. --- Probability. --- Productivity. --- Profit (economics). --- Provision (accounting). --- Provision (contracting). --- Public sector. --- Regime. --- Regulation. --- Rent-seeking. --- Reputation. --- Requirement. --- Result. --- Right to property. --- Risk aversion. --- Saving. --- Subsidy. --- Supply (economics). --- Tariff. --- Tax. --- Technology. --- Trade-off. --- Transaction cost. --- Unemployment. --- Voting. --- Wealth. --- Welfare. --- World Bank.

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A pioneering account of the surging global tide of market power—and how it stifles workers around the worldIn an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power—the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil.The Profit Paradox describes how, over the past forty years, a handful of companies have reaped most of the rewards of technological advancements—acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. Instead of passing on the benefits of better technologies to consumers through lower prices, these “superstar” companies leverage new technologies to charge even higher prices. The consequences are already immense, from unnecessarily high prices for virtually everything, to fewer startups that can compete, to rising inequality and stagnating wages for most workers, to severely limited social mobility.A provocative investigation into how market power hurts average working people, The Profit Paradox also offers concrete solutions for fixing the problem and restoring a healthy economy.

Business enterprises --- Labor market. --- Manpower policy. --- Wages. --- Work. --- Working class. --- Technological innovations. --- Advertising. --- Anheuser-Busch InBev. --- Asset. --- Barriers to entry. --- Beneficiary. --- Billionaire. --- Capitalism. --- Career. --- Collusion. --- Competition (economics). --- Competition. --- Consumer. --- Copyright. --- Cost reduction. --- Creative destruction. --- Customer. --- Demand For Labor. --- Developed country. --- Disaster. --- Disruptive innovation. --- Division of labour. --- EBay. --- Economic development. --- Economic growth. --- Economic inequality. --- Economics. --- Economist. --- Economy. --- Emerging technologies. --- Employment. --- Entrepreneurship. --- Expenditure. --- Expense. --- Finance. --- First-mover advantage. --- Globalization. --- Great Recession. --- Gross domestic product. --- Household. --- Incentive. --- Income. --- Industry. --- Inefficiency. --- Inflation. --- International trade. --- Investment. --- Investor. --- Invisible hand. --- J. P. Morgan. --- Job security. --- Lobbying. --- Manufacturing. --- Market economy. --- Market power. --- Markup (business). --- Mergers and acquisitions. --- Net worth. --- Organic growth. --- Overhead (business). --- Ownership. --- Parent company. --- Percentage. --- Perfect competition. --- Politician. --- Poverty. --- Prediction. --- Princeton University Press. --- Productivity. --- Profit (economics). --- Public company. --- Recession. --- Retail. --- Retirement. --- Revenue. --- Salary. --- Saving. --- Second Industrial Revolution. --- Share price. --- Shareholder. --- Shortage. --- Stock market. --- Supervisor. --- Supply (economics). --- Supply and demand. --- Tax rate. --- Tax. --- Technological change. --- Technology. --- Thomas Robert Malthus. --- Total cost. --- Unemployment. --- Value (economics). --- Wage. --- Walmart. --- Warren Buffett. --- Wealth. --- Workforce. --- World War II. --- Writing. --- Year.

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Fiscal crises and sovereign default repeatedly threaten the stability and growth of economies around the world. Mark Aguiar and Manuel Amador provide a unified and tractable theoretical framework that elucidates the key economics behind sovereign debt markets, shedding light on the frictions and inefficiencies that prevent the smooth functioning of these markets, and proposing sensible approaches to sovereign debt management. 'The Economics of Sovereign Debt and Default' looks at the core friction unique to sovereign debt - the lack of strong legal enforcement - and goes on to examine additional frictions such as deadweight costs of default, vulnerability to runs, the incentive to 'dilute' existing creditors, and sovereign debt's distortion of investment and growth.

BUSINESS & ECONOMICS / Economics / Macroeconomics. --- Debts, External. --- Debts, Foreign --- Debts, International --- External debts --- Foreign debts --- International debts --- Debt --- International finance --- Investments, Foreign --- Debts, Public. --- Default (Finance) --- Finance --- Finance, Public --- Repudiation --- Debts, Government --- Government debts --- National debts --- Public debt --- Public debts --- Sovereign debt --- Bonds --- Deficit financing --- 1997 Asian financial crisis. --- Auction. --- Balance of trade. --- Bank rate. --- Bond (finance). --- Bond market. --- Capital market. --- Capitalism. --- Central bank. --- Competition (economics). --- Consumer price index. --- Consumption (economics). --- Convergence (economics). --- Coordination failure (economics). --- Cost of capital. --- Credit (finance). --- Credit default swap. --- Credit risk. --- Creditor. --- Currency. --- Debt Issue. --- Debt crisis. --- Debt limit. --- Debt overhang. --- Debt ratio. --- Debt. --- Default (finance). --- Economic equilibrium. --- Economic liberalization. --- Economic planning. --- Economic policy. --- Economics. --- Economy. --- Equity Market. --- Equity ratio. --- European debt crisis. --- Eurozone. --- Exchange rate. --- External debt. --- Finance. --- Financial Account. --- Financial Times. --- Financial crisis of 2007–08. --- Financial crisis. --- Financial engineering. --- Financial fragility. --- Fiscal policy. --- Foreign Exchange Reserves. --- Foreign direct investment. --- Government bond. --- Government budget balance. --- Government budget. --- Government debt. --- Haircut (finance). --- Hedge (finance). --- Hedge fund. --- High-yield debt. --- Incremental capital-output ratio. --- Inflation. --- Institutional investor. --- Insurance. --- Interest rate. --- International Monetary Fund. --- Investment goods. --- Investment. --- Macroeconomics. --- Market economy. --- Market liquidity. --- Market mechanism. --- Market price. --- Market value. --- Money management. --- Money market. --- Neoclassical economics. --- Net capital outflow. --- Net foreign assets. --- Payment. --- Political economy. --- Price Change. --- Probability of default. --- Profit (economics). --- Public finance. --- Real interest rate. --- Repayment. --- Return on capital. --- Revaluation of fixed assets. --- Risk premium. --- Risk-Return Tradeoff. --- Securitization. --- Stock market index. --- Stock market. --- Supply (economics). --- Swap (finance). --- Tax revenue. --- Trade credit. --- Trader (finance). --- Trading nation. --- United States Treasury security. --- World Bank. --- World economy.