{"title":"International Studies In Economics And Econometrics","description":null,"products":[{"product_id":"privatizing-eastern-europe-book-jozef-m-van-brabant-9780792318613","title":"Privatizing Eastern Europe","description":"With the revolutions in Eastern Europe since mid-1989, two main transformations are envisaged: pluralistic political democracy and a market economy based largely on private property and self-interest. One element that straddles those two objectives is what to do with state-owned property during the transition from a planned to a market environment. This work looks at the economic goals that may be pursued in various ways: by taking the state out of the allocation of the service streams of existing capital assets in general and state-owned enterprise in particular. It advocates the urgency of taking politics out of resource allocation. Since this cannot be done through divestment, particularly for large assets, it is imperative that alternatives be put in place at the earliest possible opportunity in the economic transformation. For petty assets (such housing, small shops, handicrafts and restaurants) quick divestment is desirable. For other assets, the principal agent problem will need to be taken care of by investing management with the task of acting in the interest of real owders.","brand":"WoB","offers":[{"title":"GB \/ GOOD \/ INTERNAL","offer_id":49659135295761,"sku":"GOR012827063","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52686357561617,"sku":"NLS9780792318613","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":52740071260433,"sku":"NIN9780792318613","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0792318617.jpg?v=1750881818"},{"product_id":"preferences-and-democracy-book-alb-breton-9789401049696","title":"Preferences and Democracy","description":"I. Until about a dozen years ago, the economic analysis of the relationship between political preferences and political demands was a rather straightforward, if dull, subject. The most common assumption was that the only political instrument available to citizens was the vote. Given this assumption, the analyst could express the outcome of the voting process in one of two ways. One possibility was to make the heroic assumptions necessary to obtain the median voter theorem, in which case, the political demands of the citizenry are simply the preferences of the median voter. The alternative was to make Arrow's Impossibility Theorem in which case even though individual preferences are well ordered, no collective preference function exists. On either of these approaches, institutions such as interest groups, political parties, or the structures ofpolitical representation played no role in the analysis. The work of Chicago scholars especially George Stigler, Gary Becker and Sam Peltzman took a different approach and emphasized the importanceoforganizationinmakingpoliticaldemandseffective, shifting thefocus from voting topolitical pressure byinterestgroups. However, in these models, voting as an instrument of political action simply disappears and the relationship between interest group pressures and electoral processes has never been clarified.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52089369985297,"sku":"NLS9789401049696","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":52932540236049,"sku":"NIN9789401049696","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401049696.jpg?v=1756906925"},{"product_id":"allocation-models-and-their-use-in-economic-planning-book-aaart-r-heesterman-9789027701824","title":"Allocation Models and their Use in Economic Planning","description":"Three different lines of approach have contributed to the theory of optimal planning. One approach considers the problem from the view-point of a national government and its adviser, the econometrician planning speci­ alist. The government can, if this is thought to be desirable, stimulate investment in certain directions and discourage other economic activities. By various fiscal devices, it can influence both the total level and the distribution of investment funds over different sectors of production. Also, in many countries, a public agency plays some kind of coordinat­ ing role in the formulation of long-term plans for output by the enter­ prises sector; this may range from administrative direction in so-called centrally planned economies, to persuasion and advice in 'capitalist' economies. Accordingly, the public planner wishes to know what dis­ tribution of the nation's resources would be 'optimal'. This leads to the construction of various models which may be described under the general heading 'input-output type models'. This type of model has been largely developed by practitioners, among whom Sandee [B2] is probably the most outstanding and the earliest. A later, well-developed example of a model based on this approach is, for example, the Czech model by Cerny et al. [Bl]. A second approach considers the problem from the point of view of the private entrepreneur and his adviser, the manager and financial accountant.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52121502548241,"sku":"NLS9789027701824","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789027701824.jpg?v=1757431452"},{"product_id":"europe-toward-2001-book-p-coffey-9780792338925","title":"Europe - Toward 2001","description":"THEBACKGROUND Why a book on Europe - Toward the Year 200l? There are two principal reasons why a European should embark upon such a hazardous enterprise. First, when the Treaty on European Union (popularly known as the Maastricht Treaty, and, hereafter referred to as the Treaty in this introduction) was signed in February 1992, it was agreed that the heads of government of the EU Member States would assemble, in 1996, to examine its workings. This meeting will be known as the Intergovernmental Conference (IGC). Second, by the end of the century, it is certain that arrangements will have been made for the admission of some countries of Central and Eastern Europe into the European Union (EU). Consequently, even with or without the holding of the IGC, it will be urgently necessary to reform some of the Community's policies - notably the Common Agricultural Policy (CAP) and the structural poliCies which are linked, for example, 2 Europe - Toward 2001 with the Regional and Social Funds - before these countries become members. Failure to do this could result in bankruptcy for the EU. Of almost equal importance is the reform of the institutions and the actual workings of the Community. Already with 12 Member States, it was difficult enough to manage things on a daily basis. Now, as more countries join the Union, things could literally grind to a stop. Thus, changes in this area are indispensable.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52121946849553,"sku":"NLS9780792338925","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780792338925.jpg?v=1757435929"},{"product_id":"law-and-economics-and-the-economics-of-legal-regulation-book-j-m-graf-von-der-schulenburg-9789024733774","title":"Law and Economics and the Economics of Legal Regulation","description":null,"brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52122480050449,"sku":"NLS9789024733774","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789024733774.jpg?v=1757440042"},{"product_id":"foreign-capital-savings-and-growth-book-k-l-gupta-9789400978874","title":"Foreign Capital, Savings and Growth","description":"The growing disparity between the developed and the developing countries has once again rekindled the debate about the relative merits of foreign investment as means whereby the developed countries can help the devel- oping countries in both achieving a reasonable rate of growth and also from preventing the widening gap between the North and the South from widening even further. This renewed interest in the debate was most sharply highlighted at the recently concluded North-South economic summit conference at Cancun, Mexico. There, the United States took the position that massive increases in foreign aid were neither practical nor the best means of ensuring continuing and satisfactory growth in the developing countries. Rather the solution was to be found in depending on a free market economy and on inflows of private foreign investment. Behind these views, of course lie the more fundamental questions: for example, what should be the role of multinational corporations in the developing countries since they constitute the main source of foreign private investment? Should there be greater cooperation between the public sectors of the North and the South? What is the best means of bridging the economic gap between the North and the South: through direct transfers of wealth from the North to the South or through raising South's growth rates via the transfer of technology and the inflow of investment by multinationals? These questions are of fundamental importance and have wide ranging implications, not only for the economic","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52126466572561,"sku":"NLS9789400978874","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789400978874.jpg?v=1757476525"},{"product_id":"economic-planning-studies-book-r-frisch-9789027711946","title":"Economic Planning Studies","description":"It is probably true, as the editor of these essays and studies by Ragnar Frisch points out, that the majority of economists are not well aware of the contributions made to their discipline by Frisch. This certainly does not apply, however, to econometricians. In fact, Frisch was one of the founding fathers of the Econometric Society and, for the first decade of its existence, its recognized leader in Europe. The annual European meetings were inspired by his enthusiasm, his unprecedented didactic talents and his amazingly diversified contributions. It is also clear that those members of the Swedish Academy of Sciences who selected candidates for the Nobel Memorial Prize in Economic Science, were fully aware of Ragnar Frisch's pathbreaking work when they decided to award him that famous Prize. While much of Frisch's earlier work has been published, in his later years of activity he harqly took the time to shape the results of his work in an optimal way for wider circulation. Although an impressively lucid writer, he evidently gave priority to solu- tions of some of the planning problems he was involved in rather than to formulating them in the characteristically crystal-clear and well-structured expositions of earlier years. I very much welcome, therefore, Dr Long's initiative to make available to a wider public within the profession some of the few texts Frisch himself produced, probably under pressure from his immediate friends and col- leagues.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52126665277713,"sku":"NLS9789027711946","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789027711946.jpg?v=1757477722"},{"product_id":"remaking-eastern-europe-on-the-political-economy-of-transition-book-jm-van-brabant-9789401067959","title":"Remaking Eastern Europe - On the Political Economy of Transition","description":"This compact volume is meant as a modest contribution to the ongoing debate on how to transform in particular the radically reforming Eastern European economies into more productive sociopolitical organizations. Although my main focus here is on the economics of reform and east-west assistance, I have tried to embed the multiple technical aspects of restructuring such a resource alloca- tion into the context of remaking Eastern Europe. That the volume coincides with the seminal transformations of the communist countries of Eastern Europe is, of course, not fortuitous. But I shall have much less to say about the politi- cal transitions from communism to parliamentary democracy, except the ways in which the latter may bolster or hinder the hoped-for economic mutations. In taking stock of where I stand on the issue of radical reform of planned economics in general and the CMEA in particular, both still moving targets, I have benefited greatly from participation in formal and informal conferences on economic reform. The product has also profited from many informal discus- sions and exchanges of views among friends and colleagues, including those entrusted with and purely interested in efforts on the overall topic of the study launched from within the broad context of the United Nations, my at times reluctant employer.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52126996955409,"sku":"NLS9789401067959","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401067959.jpg?v=1757481824"},{"product_id":"population-sample-decomposition-method-book-am-wesselman-9789401081474","title":"The Population-Sample Decomposition Method","description":null,"brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52131563045137,"sku":"NLS9789401081474","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401081474.jpg?v=1757511022"},{"product_id":"employment-and-growth-issues-for-the-1980s-book-a-steinherr-9789401081139","title":"Employment and Growth: Issues for the 1980s","description":"The papers published in this book were presented and dis- cussed on occasion of the celebration of Albert Kervyn de Lettenhove's retirement on 29-30 May 1986. This conference was made feasible through the participation of a large au- dience and the generous financial support of the Commission of the European Communities. The sessions were organised under three topics, as are the papers in this book. The first session, chaired by Massimo Russo, Director-General, Commission ofthe European Com- munities was devoted to an evaluation of past and current debates of central macro-economic problems, those of growth and business cycle stabilization. The second session, chaired by Jean Godeaux, Governor of Belgium's National Bank, looked at innovations in the conduct of monetary pol- icy and the opportunities offered and problems associated with innovations in fiancial markets. The last session, chaired by Baron Michel Woitrin, formerly Professor of Eco- nomics and Head Administrator of the Universite Catholi- que de Louvain, contains several empirical analyses and pol- icy proposals. I 30 years ago growth theory was a very promising research field, at the center of macroeconomics and macroeconomics was at the center of economics. Robert Solow -one of the major contributors to growth theory -reexamines the perti- nence of that body of theory to problems of our times. A. Steinherr and D. Weiserbs (eds), Employment and Growth: Issues for the 1980s. ISBN 90-247-3514-9.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52135506641169,"sku":"NLS9789401081139","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401081139.jpg?v=1757549425"},{"product_id":"preferences-and-democracy-book-alb-breton-9780792393214","title":"Preferences and Democracy","description":"I. Until about a dozen years ago, the economic analysis of the relationship between political preferences and political demands was a rather straightforward, if dull, subject. The most common assumption was that the only political instrument available to citizens was the vote. Given this assumption, the analyst could express the outcome of the voting process in one of two ways. One possibility was to make the heroic assumptions necessary to obtain the median voter theorem, in which case, the political demands of the citizenry are simply the preferences of the median voter. The alternative was to make Arrow's Impossibility Theorem in which case even though individual preferences are well ordered, no collective preference function exists. On either of these approaches, institutions such as interest groups, political parties, or the structures ofpolitical representation played no role in the analysis. The work of Chicago scholars especially George Stigler, Gary Becker and Sam Peltzman took a different approach and emphasized the importanceoforganizationinmakingpoliticaldemandseffective, shifting thefocus from voting topolitical pressure byinterestgroups. However, in these models, voting as an instrument of political action simply disappears and the relationship between interest group pressures and electoral processes has never been clarified.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52139586650385,"sku":"NLS9780792393214","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780792393214.jpg?v=1757569840"},{"product_id":"competitive-state-book-alb-breton-9789401067751","title":"The Competitive State","description":"I. The concept of competition played a central role in the very first attempts to apply the tools of economics to the analysis of politics. Adopting Hotelling's (1929) industrial organization model of imperfect competition in markets in which space has a predominant role, Downs (1957), following on some perceptive insights of Schumpeter (1942), was able to formulate a model of electoral competition in which political parties, seeking the support of citizens, compete against each other in offering policies designed to elicit their vote. Downs' model and the numerous variants to which it gave birth soon became the major component of what was to become Public Choice Theory. The enormous efforts of the last 30 years devoted to modelling electoral competition have helped improve our understanding of politics and have contributed a basic element that undoubtedly will remain essential to any reasonably complete theory of politics. But whatever may have been early expectations, it is now clear that electoral competition will only be one such element. More recently, the idea of competition has been used to model interest-group behavior. Becker (1983), building on earlier work by Bentley (1908), Truman (1958), Olson (1965), Stigler (1971) and Peltzman (1976), applied the Public Finance analysis of the excess-burden of taxes and subsidies - to which, incidentally, Hotelling (1938) had made pioneering contribution- to produce a model in which competition between interest groups determines an equilibrium distribution of income.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52139877007633,"sku":"NLS9789401067751","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401067751.jpg?v=1757571455"},{"product_id":"hyperinflation-and-stabilization-in-postsocialist-economies-book-gw-kolodko-9789401057349","title":"Hyperinflation and Stabilization in Postsocialist Economies","description":"One would think states and peoples have had so many bad experiences with inflation that politicians at the helm of these states would do everything within their power to avoid inflation and, in particular, its very intensive shape, i. e. hyperinflation. However, this has not been the case. After the big inflations of the twenties and the post-war inflations of the fourties, we still witness intensive, economically, socially and politically extremely painful inflationary processes. And the eighties will be particularly engraved in history as a period in which the inflation has assumed an exceptionally dynamic character with respect to some countries. This regards, in the first place, Latin America, but not exclusively. Not without reason -as will be of particular intensity has also affected shown in this book -inflation countries which, according to the passed economic doctrine, were supposed to be completely immune from this economic illness. Most generally, the inflation can be assumed to be a uniform phenomenon which, in each case, can be described by a single, universal definition, while being divided into a number of forms and types distinguishable according to their original and secondary sources, their mechanisms, the ways of their manifestation as well as to their effects and the methods of counteracting them.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52140783698193,"sku":"NLS9789401057349","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401057349.jpg?v=1757575607"},{"product_id":"selection-of-models-by-forecasting-intervals-book-ah-merkies-9789401025959","title":"Selection of Models by Forecasting Intervals","description":null,"brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52140798673169,"sku":"NLS9789401025959","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401025959.jpg?v=1757575675"},{"product_id":"allocation-models-and-their-use-in-economic-planning-book-aaart-r-heesterman-9789401030861","title":"Allocation Models and their Use in Economic Planning","description":"Three different lines of approach have contributed to the theory of optimal planning. One approach considers the problem from the view-point of a national government and its adviser, the econometrician planning speci­ alist. The government can, if this is thought to be desirable, stimulate investment in certain directions and discourage other economic activities. By various fiscal devices, it can influence both the total level and the distribution of investment funds over different sectors of production. Also, in many countries, a public agency plays some kind of coordinat­ ing role in the formulation of long-term plans for output by the enter­ prises sector; this may range from administrative direction in so-called centrally planned economies, to persuasion and advice in 'capitalist' economies. Accordingly, the public planner wishes to know what dis­ tribution of the nation's resources would be 'optimal'. This leads to the construction of various models which may be described under the general heading 'input-output type models'. This type of model has been largely developed by practitioners, among whom Sandee [B2] is probably the most outstanding and the earliest. A later, well-developed example of a model based on this approach is, for example, the Czech model by Cerny et al. [Bl]. 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A second related sub- ject is the policy decision that can be made with the help of a model. While I did write a chapter on policy decisions, I limited myself to some extent because of my views on planning as such. The logical approach to this problem is in terms of mathematical programming, but our models and our ideas about the policies we want are too crude for its effective utilisation. A realistic formulation of the problem should involve non- linearities in an essential way, the models I consider (and most existing models) are linear. At the present state of econometrics, I do not really believe in such a thing as the 'optimal' plan. The possible result of bad planning or no planning at all, for instance massive unemployment, sudden financial crises, unused capital equipment, or the production of unsalable goods is agreed to be undesirable. Programming methods may of course be needed, if only for having a systematic algorithm to find a solution that avoids this kind of 'obvious' non-optimality. However, the main emphasis is on forecasting models.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52141215645969,"sku":"NLS9789401031417","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401031417.jpg?v=1757576727"},{"product_id":"practice-of-econometrics-book-h-neudecker-9789401081061","title":"The Practice of Econometrics","description":"In the autumn of 1961 Jan Salomon ('Mars') Cramer was appointed to the newly established chair of econometrics at the University of Amsterdam. This volume is published to commemorate this event. It is well-known how much econometrics has developed over the period under consideration, the 25 years that elapsed between 1961 and 1986. This is specifically true for the areas in which Cramer has been actively interested. We mention the theory and measurement of consumer behaviour; money and income; regression, correla- tion and forecasting. In the present volume this development will be high- lighted. Sixteen contributions have been sollicited from scholars all over the world who have belonged to the circle of academic friends of Cramer for a shorter or longer part of the period of 25 years. The contributions fall broadly speaking into the four areas mentioned above. Theory and measurement of consumer behaviour is represented by four papers, whereas a fifth paper deals with a related area. Richard Blundell and Costas Meghir devote a paper to the estimation of Engel curves. They apply a discrete choice model to British (individual) data from the Family Expenditure Survey 1981. 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Reuber, who directed a parallel study under the auspices of the Centre', the N.E.I. research deals with the evaluation of economic effects of private foreign investment in developing countries. The effects studied are confined to macro-economic effects which are quantifi- able. The lack of a satisfactory methodology for the assessment of these effects seemed to justify this limitation in the approach to the evaluation of private foreign investment. The study is organized as follows. Part I reviews briefly and critically the literature about the evaluation of private foreign investment and suggests the need for an appropriate macro-economic methodology. Part I develops the principles and techniques for such a methodology which is applied empirical- ly to data for five developing countries in Part I. While Parts I and I are concerned with the effects of aggregated volumes of private foreign invest- of the previous parts, the appraisal of ment, Part IV considers, independently projects financed through foreign investment and discusses the special fea- tures of social benefit-cost analysis of such projects.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52141725876497,"sku":"NLS9789027704399","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789027704399.jpg?v=1757577976"},{"product_id":"industrial-investment-in-europe-economic-theory-and-measurement-book-d-weiserbs-9789401090100","title":"Industrial Investment in Europe: Economic Theory and Measurement","description":"The fifth meeting of the European Production Study Group (I) was held in Louvain-la-Neuve in September 1984 under the sponsorship of the European Investment Bank. The present volume reports the procee- dings of this conference which was devoted to various aspects of industrial investment in Europe. Particular attention was given to empirical contributions. Part one contains those focusing on the determinants of firms' investment. The Group was also concerned by policy implications (part two), by the role and the specific nature of foreign investment (part three) and by theoretical developments which have clear empirical implications such as the problems of the measurement of capital utilisation and rates of return (part four). 1. The study by D. Weiserbs on industrial investment in the six major states of the Community shows marked differences between countries. Ac- cording to his results, demand prospects are the main determinant of in- vestment growth. Relative price changes have a quantitatively more modest effect while firms' self financing capacity mainly affects short-run deci- sions. However, as pointed out by C. 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The following threee studies provide a more deeper analysis for France, Italy and Belgium respectively.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52141919731985,"sku":"NLS9789401090100","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401090100.jpg?v=1757578726"},{"product_id":"macroeconomic-prospects-for-a-small-oil-exporting-country-book-o-bjerkholt-9789401087674","title":"Macroeconomic Prospects for a Small Oil Exporting Country","description":null,"brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52142497759505,"sku":"NLS9789401087674","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401087674.jpg?v=1757580501"},{"product_id":"main-economic-policy-areas-of-the-eec-toward-1992-book-p-coffey-9789401067713","title":"Main Economic Policy Areas of the EEC — Toward 1992","description":"At the end of 1992, things will never again be the same inside the European Economic Community (EC), because, as that year draws to a close, the aims of the Single Act of European Union (SAEU), which became law in July, this year, will have become effective - thus creating a 'real' Common Market. This will mean that there will no longer be any obstacles to the free movement of goods between the Member States. Equally, and for the first time in the EC's history, internal capital movements will be absolutely free, there will no longer be any exchange controls and it will be possible to freely establish financial services between EC countries. Likewise, as currently being proposed by Lord Cockfield, wide variations in the levels of value added tax (VAT) between Member States will not be allowed. Also, in the case f the Common Agricultural Policy (CAP), it will no longer be possible (nor even necessary) to have the monetary compensatory amounts (MCA's). All these changes - but especially the increased freedom in capital movements - will have profound consequences for the different regions of the Community and it will be desirable to have a much more dynamic Regional Policy before 1993. Last, but by no means least, a greater number of decisions inside the Community will be made by majority voting and the Parliament will be endowed with enhanced powers.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52142515224849,"sku":"NLS9789401067713","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401067713.jpg?v=1757580588"},{"product_id":"logic-of-multiparty-systems-book-mj-holler-9789401081146","title":"The Logic of Multiparty Systems","description":"What determines the number of political parties in a democracy? Electoral rules certainly influence the incentives to create and maintain parties. However, a society's political culture can maintain parties despite electoral rules that give them poor prospects of success. Thus, comparing the number of parties and differences in electoral rules across countries cannot clearly test the effect of the electoral rules. 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Electoral Rules In the French Fourth Republic (1945 - 1958) political parties existed largely to serve the direct interests of their members.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52142620410129,"sku":"NLS9789401081146","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401081146.jpg?v=1757581074"},{"product_id":"regional-price-formation-in-eastern-europe-book-jm-van-brabant-9789401081269","title":"Regional Price Formation in Eastern Europe","description":"This monograph presents a detailed examination of a variety of issues pertain- ing to pricing in the context of the Council for Mutual Economic Assistance (CMEA), a designation that I much prefer over Comecon. 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The role of governments during the transformation is important  for eliminating the obstacles and putting into place the conditions  for the emergence of a viable market economy. Moreover, governments  need to play a key role in establishing a political-legal order that  promotes political liberties and economic freedom. In contrast to  other literature on the transformation process in formerly planned  systems, this volume focuses also on the creation of autonomous and  accountable governments as part of the liberal economic order.  Finally, the volume analyzes the role of the legal state in creating a  competitive market economy.    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Finally, various national, regional, and international interest groups are at work there, hoping to mold somehow the drift of the reform, or at least key components thereof, in their own \"image. \" In the process it is often forgotten, as Ralf Dahrendorf (1990, p. 41) so pointedly remarked that \"[ a]ll systems mean serfdom, including the . natural' system of a total . market order' in which no one tries to do anything other than guard certain rules of the game discovered by a mysterious sect of economic advisers.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52337320755473,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52337321378065,"sku":"NLS9789401055864","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401055864.jpg?v=1758166271"},{"product_id":"privatizing-eastern-europe-book-jm-van-brabant-9789401052597","title":"Privatizing Eastern Europe","description":"This volume is meant to be a modest contribution to the ongoing debate about the transitions away from the administrative planning environment typical of the former communist regimes. 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It examines successes  and problems associated with the EC's main economic policy areas and  makes proposals for the future. For the first time, a chapter on the  very important policy area of transport is included.   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The spectacular growth of economics in the past forty years or so has been accompanied by the rapid fragmentation process that seems to characterize the making of any science. If we chose to view this as a symptom of scientific maturity, we would be tempted to welcome this process. But, as economists, we should think of its opportunity cost. In one sense this work attempts to assess the price we have chosen to pay - consciously or not - to win recognition of our scientific status from other disciplines. If, after going through this book, the reader comes out with the feeling that this shadow price is not all shadow after all, we will have achieved one of our goals  Both the merits and defects of this book stem from the fact that we tried to pursue a different approach in the study of economics. This line of thought originates in the area of pattern recognition and machine learn- ing. 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