This book presents a concept of interactive economic institutions and systems, considered by the author to be a bottleneck to scientific progress. In the author’s evaluation of contemporary institutional economics, the focus is on the interaction of complex economic structures in terms of...

International institutions and formal international organizations lie at the heart of the new global economy. International economic interactions occur within a framework of norms, rules and organizations, and an appreciation of this institutionalization is essential for understanding the...

Introduction to Cost–Benefit Analysis is intended as a graduate and advanced undergraduate textbook. Nevertheless, economists and other practitioners involved in the economic evaluation of projects will also find the book extremely useful.

During Asia’s financial crisis, the attention of policymakers was focused on China’s exchange rate policy. Post-crisis, this interest has increased further due to China’s growing influence in world trade and investment. However, the process of policy making in China is still opaque,...

China is both the world’s most populous country and an important transition economy. It is also a major market for trade and investment. As such, this study of the trends, patterns, issues and problems of trade and investment in recent years is both vital and fascinating. Areas of discussion...