This fascinating book presents a lively discussion of key issues resulting from the recent financial crisis. The expert contributors explore why the global financial crisis occurred, how it destroyed wealth, triggered mass unemployment and created an unprecedented loss of control on employment,...

Regulating Development examines the impact that regulation--good or bad--can have on the development of poorer societies. It opens with a succinct review of critical issues, including the implications of the spread of intellectual property rights legislation and the role of the World Trade...

The European railway sector has gone through profound, yet mostly institutional, changes over the past 20 years, owing mainly to the initiatives of the European Commission. This book constitutes a first systematic account and assessment of the recent transformations of the European railway...

This book provides rigorous analysis of the wide range of questions surrounding the role of international institutions in governing global business, especially multinational enterprises (MNEs). The analysis, both theoretical and empirical, focuses on the corporate governance of MNEs and to what...

This accessible book aims to inform readers interested in assessing privatization and market development concepts on a global scale, and outlines a range of thinking on how these policy ideas have moved around the globe. Bringing together an international team of contributors, the book traces...

1. Introduction and overview / Dongsoo Kang and Andrew Mason -- 2. Macroprudential policies: indicators and tools / Hyun Song Shin -- 3. Business and financial cycles in emerging markets: lessons for macroprudential policies / Stijn Claessens and Swati R. Ghosh -- 4. Capital controls: a...

Contents: 1. Trust in regulatory regimes: scoping the field / Frédérique Six and Koen Verhoest -- 2. The role of trust in the regulation of complex and high-risk industries: the case of the U.S. Federal Aviation Administration's voluntary disclosure programs / Russell W. Mills and Dorit Reiss...

Contents: Preface -- Part I Introduction -- 1. How we got here -- 2. New institutional economics -- Part II Legal systems and development -- 3. Legal origin theory and the transplant effect -- 4. A new institutional economics approach to law and development -- Part III Finance and development --...