Theories of local economic development

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Marjorie Grice-Hutchinson

"Early Economic Thought in Spain was published in 1978, and in her Foreword the author mentions that the discussion of long-term inflation in Spain from the sixteenth to the eighteenth centuries ought to be of interest since "we live in a time of inflation". The book can also be read as a history of Spanish responses to the decline of empire. At a number of points the author indicates that her study can be understood as a supplement to Joseph Schumpeter's History of Economic Analysis (1954). The chief contribution of this book is a review and summary of the development of economic thinking from the earliest days until about 1740 in one of the most important countries of Europe. Despite, or maybe because, Spain was in decline much of the last two centuries of this period, we are provided, as it were, with a ring-side seat for watching intellectuals come to terms with the forces behind such decline. Some of it, such as inflation, debt-financing, military over-extension, mercantilist protectionism, the preference of elites for their own economic benefit at the expense of the state, and more, will be familiar to readers who are familiar with the economic history of the last hundred years. If the distant mirror of history can help us avoid repeating the mistakes of the past, here is one place to find it. This book is dedicated to the memory of Leonard Liggio (1933-2014)"--

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H.S. Kehal

"China and India have both received a great deal of attention from foreign investors. Both have been at the receiving end of a large volume of foreign capital investment in their economies and both of them have set out on the path of economic reform. However, there are acute differences in the implementation of these reforms : China made rapid progress in the manufacture of high-technology products while India progressed more in the development of high technology. India's share among the developing countries in terms of attracting foreign direct investment is only 1.7 per cent compared with China's 17 per cent. This book explores the contrasts between China and India in attracting and utilizing such investment, and related issues, and discusses the challenges faced by foreign investors."--BOOK JACKET

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Thomas F. Huertas

Crisis: Cause, Containment and Cure explains how the global financial crisis of 2007 to 2009 came about, how it is being contained and what steps should be taken to prevent such a crisis from happening againches Written by the Director of the Banking Sector at the Financial Services Authority, it gives a first-hand view of policy making combined with rigorous economic analysis presented in an easily readable style. It is analytical - not anecdotal - based on up-to-date economic theory and recent policy pronouncements, including both macroeconomic and financial sector aspects. There are numerous books on the crisis but few which have the breadth, analytical rigour and first-hand experience of policy-making offered here by Dr. Huertas. Enhanced with diagrams to illustrate key concepts, this book will be a valuable resource for banks, central banks, public policy makers, banking regulators, law firms, securities associations, finance ministries, students of banking, finance and monetary economics and indeed anyone who seeks a balanced, comprehensive, global authoritative view of the crisis.

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Ararat L. Osipian

Despite its strategic location, squeezed between the West and Russia, the Ukraine has remained an unknown land since gaining its independence in 1991. This book presents theoretical and empirical investigation of the impact of human capital on economic growth in Ukraine during the period of 1989-2009. It defines place and role of human capital in the process of transition from the exogenous to the endogenous forms of growth.