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484 results in Economic development and growth

Page 1 of 25

Jobless Growth and the New Great Transformation
  • A Data Driven Analysis
  • Mauro Gallegati, Enzo Valentini, Fabiano Compagnucci, Andrea Gentili
  • Coming soon
  • Expected online publication date:
    June 2026
    Print publication:
    30 June 2026
  • Technological change and innovation have long fueled economic growth and employment. Yet, in recent decades, productivity gains have increasingly failed to translate into more jobs and higher wages. Jobless Growth and the New Great Transformation investigates this apparent paradox, by examining the theoretical and empirical evidence about the relationship between innovation and structural change. It combines rigorous and cutting-edge data analysis with EU case studies to reveal how recent technological breakthroughs, far from driving shared prosperity, have slowed growth, widened spatial divides and fueled societal polarization, partly due to excessive confidence in market deregulation. Drawing on data-driven analyses, the book explains why impacts of innovation vary so widely between regions and how history, institutions, and policy-not just market forces-determine who benefits from technological advances and who is left behind.

Who Thinks Like an Economist?
  • How the Economist Mental Model Shapes Political Decisions
  • Beatrice Magistro
  • Coming soon
  • Expected online publication date:
    June 2026
    Print publication:
    30 June 2026
  • Recent populist waves raise crucial questions about why economically harmful policies such as tariffs, Brexit, or immigration restrictions gain popular support. Conventional explanations focus on economic self-interest or cultural values; however, Beatrice Magistro's Who Thinks Like an Economist argues that the puzzle lies in how voters think. She introduces the innovative Economist Mental Model (EMM), which predicts attitudes toward trade, immigration, AI, and more. She explains that those adopting the Economist Mental Model are more likely to favor welfare-enhancing policies and prioritize cost-benefit information over partisan cues, while individuals with Alternative Mental Models (AMMs) show limited responsiveness to economic information and tend to support policies promising short-term relief at the expense of long-term welfare.  Drawing on surveys and experiments in Italy, the UK, and the U.S., Magistro offers an indispensable guide for scholars and policymakers seeking to understand—and counter— the appeal of populist policies that ultimately harm society.

The Political Economy of Rwanda's Rise
  • Pritish Behuria
  • Coming soon
  • Expected online publication date:
    May 2026
    Print publication:
    31 May 2026
  • Drawing on a decade of research and more than 580 interviews, this innovative political economy case study explores Rwanda's bold attempt to transform its economy after the 1994 genocide into one of the most rapidly growing countries in Africa. Pritish Behuria offers a multi-sector analysis of how globalisation and domestic politics shape contemporary development challenges. This study critically analyses the Rwandan Patriotic Front's ambitions to reshape Rwanda into a regional services hub while grappling with foreign dependency, elite vulnerability and limited financial resources. Through extensive analysis of the political economy of multiple sectors and the macro-economy, Behuria uses the Rwandan case as a window into answering why structural transformation remains so elusive on the continent. The Political Economy of Rwanda's Rise provides fresh insights into highlighting the contemporary challenges facing African countries as they integrate into the global economy. This title is also available as open access on Cambridge Core.

A History of India's Green Revolution (South Asia Edition)
  • A Reign of Technocracy
  • Prakash Kumar
  • Coming soon
  • Expected online publication date:
    May 2026
    Print publication:
    01 May 2027

Industrial Development and Division of Labour
  • A History of Analysis
  • P. Sai-wing Ho
  • Coming soon
  • Expected online publication date:
    April 2026
    Print publication:
    30 April 2026
  • A country's industrial policy aims at promoting the development of sectors that often relate to manufacturing and is especially important for less-developed countries as they seek to catch up economically. Industrial Development and Division of Labor re-examines the long history behind the debate on its formulation and organises the discussion around the two types of division of labour found in Adam Smith's Wealth of Nations. One type has evolved to become the neoclassical perspective and its notion of market failure that has heavily skewed the debate's history. Noting its limitations, including the simplified catch-up learning that is conceived, this book illustrates that arguments for industrial policy that are rejected by Neoclassical economists – so-called 'protectionist' and import-substituting ones – and newer notions involving innovation systems actually share roots with Smith's other type of labour division. They offer broader perspectives on policy that call for establishing elaborate interactive contexts for learning for development.

Where's Coase?
  • The Implications of Economic Property Rights or Rent-Seeking in Forming Institutions
  • Gary D. Libecap
  • Coming soon
  • Expected online publication date:
    March 2026
    Print publication:
    31 March 2026
  • Ronald Coase's Nobel work outlined gains by reducing transaction costs and promoting property rights and markets to confront externalities. Countering market failure assertions and calls for centralized government intervention, Coase retorted that decentralized market negotiations could be welfare-improving by promoting collaborative, efficient problem solving, and releasing resources to the general economy. Despite this, his approach is not central to any US environmental law implemented after 1970. Federal government mandates dominate. Where's Coase? explains why. The private objectives of political agents lead to policies that are likely to be too costly and inequitable, despite provision of public goods. Citizens face high collective action costs and lack information to distinguish between public goods and private agent benefits. Examining three major environmental laws: the Clean Air Act, the Magnuson Stevens Fishery Act, and the Endangered Species Act, the book explores policy development and assesses the resulting costs relative to Coase's framework.

Why the Rush?
  • An Institutional Economic Analysis of Homesteading and the Settlement of the West
  • Douglas W. Allen, Bryan Leonard
  • Coming soon
  • Expected online publication date:
    January 2026
    Print publication:
    31 January 2026
  • Establishing economic property rights is a ubiquitous human activity that is key to the creation of wealth. Why the Rush? combines economic and historical analysis to argue that the institution of homesteading, as established in the US through the Homestead Act of 1862, was a method to establish meaningful, economic property rights on the American frontier. It explains how homesteading rushed millions of people into specific areas, established a meaningful sovereignty without the use of military force and became the means by which the US Thwarted military and legal challenges. Using fine-grained data, along with a detailed theoretical analysis and exhaustive institutional content, this book makes a serious contribution to the study of economic property rights and institutions providing the definitive analysis of the economics of homesteading and its role in American economic history.

US Business Cycles 1954–2020
  • Sources, Symptoms, Solutions
  • John T. Harvey
  • Coming soon
  • Expected online publication date:
    December 2025
    Print publication:
    18 December 2025
  • What causes cyclical downturns that wreak havoc on our lives? Most economists will say that they result from random external shocks and that, without these, the economy would sail along beautifully. In US Business Cycles 1954-2020, John Harvey argues that overwhelming evidence points to an internal dynamic, one related to the behavior of economic agents that generates what we call a business cycle. He draws on the work of past Post-Keynesian and Institutionalist scholars to create a current theory of business cycles, one that treats them as systemic and not the result of random chance. He addresses not only unemployment and bankruptcies that are the immediate consequence of the business cycle, but critical social challenges like climate change and elderly care. Examining an extensive history of US fluctuations, Harvey fills a long-standing void within the discipline by offering an alternative theory of income, employment, and price determination.

Demystifying the Chinese Economy
  • 2nd edition
  • Justin Yifu Lin
  • Translated by Wang Qiong
  • Coming soon
  • Expected online publication date:
    December 2025
    Print publication:
    08 January 2026
  • By the late 19th century, China had degenerated into one of the world's poorest economies. Despite generations of effort for national rejuvenation, China did not reverse its fate until the market-oriented reform. Since then, China has become the most dynamic economy in the world and is likely to regain its position as the world's largest economy before 2030. Demystifying the Chinese Economy, provides insightful answers to why China was so advanced in premodern times and what caused it to become so poor for almost two centuries. It explains how China maintained stability and grew rapidly in its transition to an open, market economy. Featuring three new chapters (and five new appendices) on challenges facing China's economic development and structural reform, this new edition covers topical issues such as the origins of US-Sino trade frictions, the impact of Donald Trump's presidency, and the development of the 'Belt and Road' initiative.

The Arc of the Chinese Economy
  • Edited by Hanming Fang, Marshall W. Meyer
  • Published online:
    30 October 2025
    Print publication:
    13 November 2025
  • This authoritative volume offers a comprehensive exploration of China's rapidly evolving economy from a team of leading specialists. Readers will gain crucial insights into productivity dynamics, innovation, shifting demographics, and the country's ever-changing industrial landscape –encompassing firms, real estate, and trade flows. With a keen focus on the RMB, regulatory frameworks, and the pursuit of common prosperity, this book seamlessly blends cutting-edge research, real-world case studies, and forward-thinking analysis. It delivers a balanced examination of challenges and opportunities, fostering an informed discussion on China's critical role in the global marketplace. Ideal for academics, policymakers, business professionals, and curious readers alike, this timely and accessible resource unveils the many facets of the Chinese economy, guiding you through its complexities and highlighting strategic implications for the future.

An Economic History of Europe
  • Knowledge, Institutions and Welfare, Prehistory to the Present
  • 3rd edition
  • Karl Gunnar Persson, Paul Sharp, Markus Lampe
  • Published online:
    02 October 2025
    Print publication:
    02 October 2025
  • In this revised and updated edition, An Economic History of Europe re-establishes itself as the leading textbook on European economic history. With an expanded scope, from prehistory to the present, it will be invaluable source for students, educators and researchers seeking to better understand Europe's long-run economic development. The authors cover key themes including the rise of institutions, technological advancements, globalization, and the Industrial Revolution, with a fresh emphasis on the wider impact of economic policies on welfare reflecting a broader understanding of societal well-being. The chronological structure, clear explanations, case studies, and minimal use of complex mathematics make this an accessible approach that allows students to apply economic theories in historical practice. The new edition also connects historical development to urgent contemporary issues such as modern-day sustainability goals. This comprehensive guide provides students with both a historical narrative of Europe's economic transformation, and the essential tools for analysing it.

Modern Slavery and the Governance of Global Value Chains
  • Edited by Hila Shamir, Bimal Arora, Shilpi Banerjee, Tamar Barkay
  • Published online:
    17 September 2025
    Print publication:
    16 October 2025
  • Modern Slavery and the Governance of Global Value Chains provides an interdisciplinary analysis of the links between Global Value Chains (GVCs) governance, regulation, and vulnerability to severe forms of labour market exploitation by focusing on governance initiatives that seek to induce corporate action to end or mitigate modern slavery. The book brings together chapters by scholars from developed, developing, and emerging economies and from various disciplines to explore the complex relationship between global and local patterns of production and consumption, and severe forms of labour market exploitation. This title is also available as open access on Cambridge Core.

Framing India's Low Carbon Development Pathways
  • Dipti Gupta
  • Published online:
    15 July 2025
    Print publication:
    04 September 2025
  • In the context of a developing country such as India and of the global commitment to limit the temperature rise, this book provides a comprehensive and novel approach on framing the low carbon development pathways. Data plays a critical role in accurate assessment so it gives a stepwise detail on reconciling national accounting statistics with energy balance data. Further, it explains the setting up of technology optimization and economy-wide macroeconomic framing models. These models have limitations when used in isolation so the book further elaborates on the soft coupling process to overcome the limitations of using individual models. Detailed examples using case studies illustrate the application of structured approach to determine net zero pathways and business decarbonisation scenarios. Future applications for important development questions related to net zero analysis are also enumerated.

Learning from Covid-19 in Southeast Asia
  • Restriction, Relief, Recovery
  • Edited by Hwok Aun Lee, Siwage Dharma Negara, Jayant Menon
  • Published by:
    ISEAS–Yusof Ishak Institute
    Published online:
    03 July 2025
    Print publication:
    28 February 2025
  • 'The Covid-19 pandemic was unprecedented in its impact and repercussions which are still being felt today. The Southeast Asian region is no exception with the loss of hundreds of thousands of lives, economic contraction, and increased poverty. The impact varied across the region. Some countries were more effective than others at implementing lockdowns and delivering public health interventions. Pandemic responses were also differentiated by the efficacy of communication, policy coordination, and leadership. Policy evaluations have highlighted the need to improve institutional capacity as well as global and regional cooperation to respond to future public health crises. This timely and crucial volume, authored by leading regional scholars, thoroughly explores these issues and more. It is indispensable reading for anyone interested in Southeast Asia and broader international development challenges.' Mari Pangestu, Managing Director of Development Policy and Partnerships, World Bank (2020–23) and Former Minister of Trade and Minister of Tourism and Creative Economy, Indonesia.

Learning Leadership from Dogs
  • What can Bulldogs, Dachshunds, Komondors, Pekingese and Otterhounds (Among Other Dogs) Teach Us about Effective Leadership?
  • Aditya Simha
  • Published by:
    Anthem Press
    Published online:
    17 June 2025
    Print publication:
    04 February 2025
  • The book provides a succinct and enjoyable experience of learning about leadership to multiple groups of readers, by using the world of dogs as an aid to understanding leadership concepts. The book will be interesting for multiple sets of readers (e.g. undergraduates, casual dog lovers, etc.). They will find it to be a practical and interesting book. There is no other book on the market that approaches leadership by using the context of dogs as an explanatory canvas. This familiar canine context will help in making these leadership concepts easy to comprehend. The reader will also learn a lot about several breeds of dogs, across the world, including breeds such as the Bulldog, Dachshund, German Shepherd, Mastiff and Otterhound, among others.

Fields of Glass
  • Labour Regimes, Techno-Science and Biopolitics in Agrifood Value Chains
  • Adrian Smith
  • Published online:
    16 June 2025
    Print publication:
    19 June 2025
  • What is the relationship between technology and labour regimes in agrifood value chains? By deploying the concept of agrarian biopolitical articulations, Field of Glass formulates new perspectives that bridge the hitherto distinct worlds of value chain research, agrarian political economy, labour regime theory, and agrarian techno-science to explain the enduring insecurity of food systems in the United Kingdom. Using both historical and contemporary research, Adrian Smith explores how the precarity and exploitation of migrant labour intersects with ecology and techno-science/innovation, such as hydroponic and robotic technologies, to explain the development and changing nature of glasshouse agrifood value chains in the UK. Smith concludes by reflecting on how agrarian bio-politics have shaped the glasshouse agrifood sector and the emergence of contemporary 'high road' and 'low road' strategies, highlighting their contradictions and negative consequences for local development and food supply security.

The Making of an International Investment Facilitation Framework
  • Legal, Political and Economic Perspectives
  • Edited by Axel Berger, Manjiao Chi
  • Published online:
    13 March 2025
    Print publication:
    20 March 2025
  • This book comprehensively investigates the rationale and effects of the first multilateral agreement on investment facilitation for development, including the interests of key WTO members. It adopts a multidisciplinary, transregional and data-driven approach to explore the political, economic and legal aspects pertaining to the most recent WTO agreement. The book highlights how this agreement broadens the scope of the WTO to the contentious area of foreign investment and adopts the innovative facilitation approach. The book presents cutting-edge research on the (non-)adoption of investment facilitation worldwide, the economic impact of the agreement, its legal implications and the political economy explaining why the investment facilitation for development agreement came about. The book brings together leading experts from various disciplines and practices and aims at inspiring more substantive research in this new field of international economic rule-making. This title is also available as Open Access on Cambridge Core.

Europe's Auto Industry
  • Global Production Networks and Spatial Change
  • Petr Pavlínek
  • Published online:
    07 March 2025
    Print publication:
    23 January 2025
  • Drawing on the analytical approaches of global production networks, global value chains, and spatial divisions of labor, this book investigates the changing automotive industry in Europe. Petr Pavlínek is a leading scholar of the automotive industry and here he focuses on its restructuring and geographic reorganization since the early 1990s to analyze the driving forces and regional development effects of these changes. Pavlínek explains the spatial profit-seeking strategies of large automotive firms and their role in the restructuring and increasing internationalization of Europe's automotive industry through foreign direct investment. He also considers how rapid growth in eastern Europe has affected western Europe, evaluates the relative position of countries in the European automotive industry, and examines the transition to the production of electric vehicles in eastern Europe. Europe's Auto Industry features original data along with concepts and methods that may be applied in economic geography, economics, industrial sociology and development studies. This book is also available as Open Access on Cambridge Core.

Regulating and Managing Banks in India
  • An Economic Perspective
  • Volume 1
  • Amaresh Samantaraya
  • Published online:
    28 February 2025
    Print publication:
    03 April 2025
  • A comprehensive coursebook that combines the study of three key aspects of banking: the role of banks in an economy, the need for banking regulations and regular bank management practices. The book begins with explanations of the basics of functions of banks and emphasises the paramount importance of banks in the overall Indian financial system. It highlights the role of banks in promoting long-term economic prosperity by drawing from theories of economic growth and explains how banks play a key role in managing short-run economic fluctuations. It provides technical details on quantification and management of wide varieties of banking risks and aspects of banking regulations, and draws a roadmap for future banking regulations, management of non-performing assets (NPAs), the impact of developments in information technology (IT) and IT-enabled services (ITES), and digitalisation in the banking business. Simple numerical examples are provided to facilitate easy comprehension and appeal to students as well as professionals.

Exhibitionist Japan
  • The Spectacle of Modern Development
  • Angus Lockyer
  • Published online:
    06 February 2025
    Print publication:
    13 February 2025
  • From the second half of the nineteenth century, Japan has been a particularly enthusiastic user of exhibitions. Large-scale international exhibitions, including Osaka 2025, form only the tip of an iceberg comprising over 1,300 industrial, regional, and local exhibitions held in Japan over the past 150 years. In this unique history, Angus Lockyer explores how and why these events have been used as catalysts of development and arenas for fostering modern industry, empire, and nation. He traces their complicated genesis, realization, and reception, demonstrating that although they rarely achieve their stated aims, this does not undermine their utility – Japanese expos have provided a model subsequently adopted around the world. The history of this enthusiasm provides a more nuanced understanding of development in modern Japan, and emphasizes the shared experiences of global modernity.

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