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The Enlargement of the European Union and NATO: Ordering from the Menu in Central Europe
Wade Jacoby
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Countries and Concepts: Politics, Geography, Culture (9th Edition)
ASIN: 0521833590 |
Book Description
In 2004 the European Union and NATO each added ten new member states, most from the post-communist countries of Eastern and Central Europe. In order to qualify for membership, these countries had to make a myriad of changes. They often emulated practices common in Western Europe, sometimes resulting in more effective and efficient institutions, sometimes resulting in failures. Wade Jacoby examines the trends in various fields and in several countries.
Average customer rating:
- intense but worthwhile
- intense but worthwhile
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The Works of Nikolai D. Kondratiev (4 Volume Set)
Nikolai D. Kondratev , and
Stephen S. Wilson
Manufacturer: Pickering & Chatto Ltd
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Binding: Hardcover
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ASIN: 1851962603 |
Customer Reviews:
intense but worthwhile.......1999-08-03
i've just bought the set, but don't wish to keep it for personal reasons. The set is in mint condition, would anyone like to buy it?
intense but worthwhile.......1999-08-03
i've just bought the set, but don't wish to keep it for personal reasons. The set is in mint condition, would anyone like to buy it?
Book Description
Governments use them to sell everything from oilfields to pollution permits, and to privatize companies; consumers rely on them to buy baseball tickets and hotel rooms, and economic theorists employ them to explain booms and busts. Auctions make up many of the world's most important markets; and this book describes how auction theory has also become an invaluable tool for understanding economics.
Auctions: Theory and Practice provides a non-technical introduction to auction theory, and emphasises its practical application. Although there are many extremely successful auction markets, there have also been some notable fiascos, and Klemperer provides many examples. He discusses the successes and failures of the one-hundred-billion dollar "third-generation" mobile-phone license auctions; he, jointly with Ken Binmore, designed the first of these.
Klemperer also demonstrates the surprising power of auction theory to explain seemingly unconnected issues such as the intensity of different forms of industrial competition, the costs of litigation, and even stock trading 'frenzies' and financial crashes.
Engagingly written, the book makes the subject exciting not only to economics students but to anyone interested in auctions and their role in economics.
Customer Reviews:
Brilliant explanation of real-world auction theory.......2006-04-20
Paul Klemperer was the principal auction theorist advising the UK Government on the design of the 3G spectrum auction in 2000, which raised $34 billion, the biggest auction in history. In this book he reviews auction design both theoretically and in practice - the two perspectives turn out to be very different.
Chapter 1 is a survey of auction theory. The author begins by identifying four types of auction: the English type of open ascending bids, the Dutch auction using descending bids where the first bidder wins, the first-price sealed-bid auction where the highest bidder wins and pays their own bid price, and the second-price sealed-bid auction (the Vickrey auction) where the highest bidder wins, but pays the amount bid by the second-highest bidder. If the latter seems counter-intuitive, note that in the English auction, the winner also pays an amount set by the second-highest bidder (the last person to drop out). Note also that the Dutch auction and the first-price sealed-bid auction are equivalent.
Another important distinction is between private-value auctions, where each bidder has their own, invariant valuation of the object(s) being auctioned, and common-value auctions, where bidders might alter their valuations depending on signals (i.e. observed bids) made by other participants.
The key result in auction theory is the Revenue Equivalence Theorem, which states that all the standard auction methods, under certain plausible conditions, generate the same revenues. This accounts for the fact that no one method of conducting auctions has displaced all the others. However, practical considerations often favor one kind of auction design over another, and this is analyzed extensively later in the book.
Chapter 1 finishes with a mathematical appendix which proves some of the main results plus some questions (and answers) from the Oxford University MPhil economics examination.
Chapter 2 is titled `why every economist should learn some auction theory' and extends application of the theory to economic issues such as litigation models, wars of attrition, market crashes and trading frenzies, and Internet sales models.
Chapter 3 is a detailed guide to auction design. Auction theory is about mathematical models and their properties. Auctions in the real world are competitions where real money is at stake and any and all tactics will be employed to win. Critical tactics to `game' auctions include collusion between bidders to avoid bidding against each other therefore lowering prices for everyone, and predatory behavior, where weaker bidders are frightened off either before or during the auction, thereby clearing the field and closing the auction early. Examples are given of extraordinary behavior by bidders which succeeded in effectively wrecking auctions as revenue-generating vehicles. Klemperer analyses each of the four types of auction in the context of deterring such behavior and concludes that there is no one right answer: auction design is `horses for courses'.
Chapter 4, `using and abusing auction theory', is aimed at academic auction theorists seduced by the mathematics at the expense of real-world issues. Klemperer argues that `undergraduate economics', taking into account the concerns of industrial organisation (e.g. monopolistic, oligopolistic and perfectly competitive behaviours) are more central to successful auction design than some of the more `sophisticated' topics of the graduate-level theory. He also emphasises, with examples, that political realities can negate even the best auction design, if the designer is naive and doesn't take politics into account in advance.
Chapter 5 gives an overview of the European 3G spectrum auctions, which ranged from brilliantly successful to absolute disasters, while chapter 6 explains in great detail exactly how the UK auction (perhaps the most successful) was designed. This chapter is extremely insightful in indicating how many general economic intuitions have to be employed, over and above the specific insights of auction theory, to get a design which can resist the best efforts of the bidders to sabotage its effectiveness.
Chapter 7 analyses some of the more interesting and puzzling bidder strategies seen in the auctions, while chapter 8 is the reprinted Financial Times article, `were auctions a good idea', which defends the idea of auctions against special pleading by industry lobbyists that they had to pay too much, and that as a consequence the industry was wrecked. Not so.
Overall, this book succeeds in creating in the non-economist reader a sense that they understand the basic terrain of auctions - what they are about - although there is clearly a much deeper set of theoretical results underpinning this map of the territory. The chapters tend to be quite repetitive, but that can help offset Klemperer's use of jargon whenever he gets into conceptual analysis. It looks as though he doesn't know he's doing it, and that the people who reviewed it are his colleagues who use this stuff every day and didn't notice either. With a small amount of additional explanation to clarify the use of terms, much of the conceptual analysis would have been more accessible. The alternative is to read the book twice! Recommended.
Customer Reviews:
Bulgarian Tomatoes.......2001-04-19
A biography on Khrushchev...and Bulgarian Tomatoes, how do they relate? This biography contains numerous details which one probably does not really care to know, but is loaded with information on the guy himself and how he rose to power. I would reccommend this for IB history classes, which helps to understand the cold war. The end section, which contains documents is rather interesting and simple to follow. There is one document on Khrushchev's views on Bulgarian tomatoes, which is rather interesting. However, the British spellings can be annoying for American readers, but should not hinder anyone's desire to purchase this. It is deffinently great material to be used in a seminar.
Book Description
From the late nineteenth century to the eve of World War II, America's experts on Russia watched as Russia and the Soviet Union embarked on a course of rapid industrialization. Captivated by the idea of modernization, diplomats, journalists, and scholars across the political spectrum rationalized the enormous human cost of this path to progress. In a fascinating examination of this crucial era, David Engerman underscores the key role economic development played in America's understanding of Russia and explores its profound effects on U.S. policy.
American intellectuals from George Kennan to Samuel Harper to Calvin Hoover understood Russian events in terms of national character. Many of them used stereotypes of Russian passivity, backwardness, and fatalism to explain the need for--and the costs of--Soviet economic development. These costs included devastating famines that left millions starving while the government still exported grain.
This book is a stellar example of the new international history that seamlessly blends cultural and intellectual currents with policymaking and foreign relations. It offers valuable insights into the role of cultural differences and the shaping of economic policy for developing nations even today.
Customer Reviews:
Out of this crooked timber of humanity..........2004-05-27
If one agrees that not everything about the Soviet Union was pre-ordained, then the collectivization was the crucial turning point. The brutality involved and the millions of deaths from the resulting famine was the greatest single atrocity of the Soviet regime, far outnumbering the victims of the purges. Not only did collectivization bring to fruition all the worst features of the Soviet regime such as gross brutality, callous indifference in the name of progress, the most fanatical and intolerant one-party culture, and the worst sort of bureaucratic mediocrity, it also burdened the Soviet Union with a crippled agricultural sector that it was never able to cure. And yet, at the time Americans knew little about it. The way that New York Times journalist Walter Duranty helped to euphemize the famine has become infamous.
But the problem was larger, much larger than the blindness of a few socialist intellectuals and the corruption of one spectacular journalist, as David Engerman points out in his important new book. One might imagine liberals and technocrats and socialists failing to appreciate the cruel truth. But what can we say about the attitude of Hoover's State Department? These people also showed little concern. Yet these people were so hostile to Communism they ensured that the United States was one of the few countries in the world that refused to recognize the Soviet Union. The problem, as Engerman details, arose from several key western prejudices, even if he does not fully recognize their complete importance. Americans were enthusiasts for progress and modernization. Many of them by the twenties were believers in a planned economy and this belief only increased with the Great Depression. The key problem for Russia and the later Soviet Union was that the overwhelming peasant population did not fit American plans for modernization, (or that of their rulers). For decades many Americans believed in a "national character" view of Russians that condemned them as "savage, hopeless, and helpless." There were exceptions, such as the first American translator of Tolstoy who uncritically supported czarism. And there were the supporters of American intervention in 1917 who deluded themselves into thinking that the Russian peasantry had swept aside Czarism in a wave of instinctive patriotism. But once the Soviets fell, the belief that the peasants had become lawless, anarchistic and hopeless was widespread. Wilson's Secretary of State, Robert Lansing, believed that the Russians needed a strong firm hand from a right-wing dictator.
As the twenties progressed this chauvinist attitude was replaced by the more hopeful, universalistic attitudes as Russian Studies became professionalised and institutionalized in the nation's universities. But the view of the Russian peasant as hopelessly backward and "Asiatic" did not go away. There was a natural sympathy from many Americans towards the technocratic, modernizing plans of the Soviet state. In one of the most interesting chapters, there is a long discussion of how Duranty, Louis Fischer, Eugene Lyons and William Henry Chamberlin viewed the Soviet famines. Engerman shows how Lyons and Chamberlin, who became heroes on the American right for revealing the famine's existence, showed the same anti-peasant prejudices that Duranty and Fischer did. Based on dozens of sets of private papers, and including a helpful biographical essay, Engerman points out the weaknesses of both particularism, with its enormous condescension towards people of other countries, and of universalism, which tends to believe that people are identical, and especially identical with Americans. It is with his quotations of Herzen in his introduction that Engerman strikes the wrong note. "To sacrifice others, and to be self-sacrificing on their behalf, is too easy a virtue." Later on Engerman quotes Herzen's comparison of modern ideologies and panaceas to the great idol Moloch to which children were sacrificed by being burned alive. But it is not quite fair to say that Russophiles were asking Russians to make sacrifices they themselves were not going to make. After all, in their dreams of progress, they were assuming that the Russians would become "modern" and "progressive," like Americans themselves. There would therefore be no need for Americans to sacrifice for what they had already achieved. More important, the reason that contempt for the Russian peasantry crossed ideological lines was because they were not capitalist farmers. Had they been capitalist farmers with capitalist property their dispossession would have caused more outrage. But they weren't, so it didn't. More to the point, capitalist agricultural modernization going back to Robert Young and the proponents of enclosure argues that peasants hamper economic progress. Dispossessing them in one way or another has been a hallmark of capitalist growth for centuries, (never more so than in the past half-century as E.H. Hobsbawm's "The Age of Extremes" points out). Engerman's failure to really appreciate this is a weakness. He also fails to realize that in order to provide a more humane alternative of economic growth for the Soviet Union, an economic theory based on respecting peasants would have had to exist. And given the lack of experience in the United States for such a sympathy, that was not going to happen.
Book Description
Modern antitrust law is global antitrust law. Markets are becoming increasingly global, or at least multinational. Mergers between large corporations must typically get approval in both the United States and in the EU, and other nations too. Cartels in one nation affect supply in others, and countries are increasingly entering into treaties with each other about the content or enforcement of competition laws. Thus, businesspeople, lawyers, and lawmakers can no longer content themselves with understanding only the antitrust and competition law of their home country. Modern antitrust law also differs from traditional antitrust law in that it now reflects the dominance of the economic model of analysing antitrust and competition policy. Against this background, this new casebook represents the first comprehensive effort to examine US and EC competition law cases and decisions within a common analytical framework strongly based on economic theory. It is an innovative casebook addressed to all students, not only from the US and Europe, but also from all jurisdictions having competition laws, providing an in-depth analysis of the two major global antitrust regimes in the world, and a summary of the parallel antitrust laws elsewhere in the world. As such it will also serve as a useful reference for practitioners, competition officials, and policy-makers interested in competition law.
Customer Reviews:
I had great success teaching with this book.........2007-04-08
I had great success using the galleys of Global Competition Law & Economics to teach comparative competition/antitrust law at the University of Haifa Law School during the summer of 2006, to both American and Israeli law students.
This textbook is the first and only one on the market that is extremely well suited for use in a comparative competition law or antitrust law class. When I taught comparative antitrust/competition law in Scotland a few years ago I had to put my own material together because there was no comparative textbook on the market suitable for classroom use. It is simply astonishing that, even though knowledge of European competition law has been important for a United States antitrust lawyer for more than a decade - and vice-versa! - until now there was no single volume that bridged these fields comprehensively. But at long last the market has filled this considerable gap - by producing Global Competition Law & Economics.
This is an extraordinarily teachable book that contains everything you might want to present in a comparative competition or antitrust law class. It always contained exactly what I was looking for - the relevant background, and both the similarities and the areas of greatest contrasts between the United States and the European systems. Moreover, it contains so much of each type of material that the instructor gets the pleasure of picking and choosing which of their favorite topics to cover.
Both the law and the economics are extremely clearly and interestingly presented. I used it to teach a class of students who has never before taken a class in antitrust or competition law. For this reason we had to omit much of the book's more sophisticated material. However, I have no doubt that anyone teaching an upper level class for students who already have taken a basic class in United States antitrust law or EU competition law would find this more advanced material extremely useful. Its mix of background material and state-of-the art material should make it similarly valuable for competition/antitrust lawyers who have an international practice.
I believe I speak for comparative competition/antitrust teachers everywhere when I say "thank you". Finally, the comparative book we have been waiting for has arrived. Finally, the comparative competition/antitrust field has a standard textbook to use. And what a wonderful standard it is.
Robert H. Lande
Venable Professor of Law
University of Baltimore School of Law
Average customer rating:
- Reprint quickly Pls.
- Good book for understanding the economic impact of Euro
|
The Euro, 2nd Edition
Manufacturer: Wiley
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ASIN: 0471987220 |
Book Description
The euro is the national currency of eleven European countries from 1 January 1999. The change is truly a revolution. But it will not be until 2002 that euro cash - notes and coin - comes into circulation. This three-year 'transition' period raises many fascinating issues regarding the operation of financial markets, economies, companies, governments and the consumer. The second edition of The euro takes an expert look at the issues involved.
Written by an internationally renowned team of expert contributors from the worlds of banking, finance, economics, regulation, accountancy and business consultancy, the second edition of The Euro addresses all the key issues involved in the final implementation of Europe's new currency.
Amongst the issues of crucial importance addressed in the book are:
* Will the euro be a strong or a weak currency - will it rival the US dollar?
* Can Europe's economies really work properly with the 'one size fits all' approach to interest rates?
* Will the long-term benefits of the euro outweigh the short-term pain which has been endured as a result of higher taxes and government spending cuts?
* Are companies ready to cope with the euro?
* Will the consumer benefit?
* To what extent will a 'United States of Europe' be created?
* How can Europe's citizens cope with the dramatic changes brought about by the combination of the euro plus the IT revolution and Europe's ageing population?
The Investor described the first edition as "a work of reference - although an unusually readable one" and this approach ahs been continued in this fully revised and updated new edition. The skill of the team of expert contributors ("Europe's most highly-regarded analysts" according to City Life) is in their ability to present the complicated issues that arise out of the single European currency in a style that is both highly informative and accessible, making this new edition once again required reading for all readers who need or want to know what will happen to Europe's economies in the future.
The euro, second edition, is published under the auspices of the European Bond Commission of EFFAS (the European federation of Financial Analysts' Societies). EFFAS was established in 1962 and is a pan-European representative group of investment analysts from some seventeen different countries. The European Bond Commission is a standing committee of EFFAS responsible for matters relating to fixed income securities.
Reviews of the first edition:
".. what has been sadly lacking in the thousand of column inches that have been written about monetary union over recent weeks and months is a detailed analysis of what it will actually mean in practice. This is what The euro provides... for the reader who is keen to find out more about the issues that lie behind the development of the single currency. The euro will make matters considerably easier to understand."
The Investor
"Written to appeal to finance and business readers, it is a comprehensive, readable guide to the likely consequences of this momentous and radical change."
Lavoisier Management
"The EFFAS-European Bond Commission has obtained the views of Europe's most highly-regarded analysts. The results are startling."
City Life
"...the roll call of experience is longer and more illustrious than a Cruft's winner's pedigree... Anyone searching for the meat-and-potatoes lowdown on the single currency should look no further than The euro."
Chartered Banker
"Tim Congdon argues coolly that the euro plan simply will not work. He likens the euro programme to building a house with different sized bricks (dual pricing, parallel currencies), without a roof (no clear redenomination of currencies) and on a bog (planning documents are incoherent about money as a means of exchange). More rethinking for Chancellor Brown?"
Evening Standard
Customer Reviews:
Reprint quickly Pls........1998-07-16
Being an outsider of European Intergration as asian, I can catch layout picture from this book about the EURO system. Even it will bring new future in major regions on focus economy and business. This book is not under academical theories only but also on practical issues. And the writing is not hard to read for non-inglish speaker.
Good book for understanding the economic impact of Euro.......1998-02-20
It's a book about EURO which you'll find interesting. It is actually a collection of articles written by various industry specialists. It examines the impact of EURO on many areas like Bond Market, Equity Market & foreign exchange rate etc, it also illustrates the role of ECB.
It's recommended to students who want to have a quick grasp of knowledge in the EMU. It contains many graphs and diagrams which can raise your speed of reading. However, the impact of Euro on Equity market is a little bit too short.
Highly recommended to overseas students in Europe.
Product Description
This new casebook presents a globalized approach to antitrust law and provides an understanding of the main antitrust regimes that apply throughout the world today. Whether in business, law, or government, we can no longer content ourselves with understanding only the antitrust and competition law of one nation. The authors present a truer picture of the overall regime of competition law that now faces multinational market players through a combination of laws from varying nations in actual application. The authors have structured the book to enhance a teacher's ability to take a modular approach. Thus, depending on the assignments the teacher wishes to make out of the book, the book can be used to either: (a) to replace the basic Antitrust course with a course fully covering the relevant US and EC laws that regulate global market conduct, (b) to teach a course that fully covers U.S. antitrust law and adds only readings on selected topics in EC competition law, or (c) to teach an advanced course in EC competition law.
Customer Reviews:
A Great Comparative Antitrust Textbook.......2007-03-10
I had great success using the galleys of Global Antitrust Law & Economics to teach Comparative Antitrust Law at the University of Haifa Law School during the summer of 2006, to both American and Israeli law students.
This textbook is the first and only one on the market that is extremely well suited for use in a comparative antitrust law class. When I taught comparative antitrust in Scotland a few years ago I had to put my own material together because there was no comparative textbook on the market suitable for classroom use. It is simply astonishing that, even though knowledge of European competition law has been important for a United States antitrust lawyer for more than a decade, until now there was no single volume that bridged these fields comprehensively. But at long last the market has filled this considerable gap - by producing Global Antitrust Law & Economics.
This is an extraordinarily teachable book that contains everything you might want to present in a comparative antitrust or comparative competition law class. It always contained exactly what I was looking for - the relevant background, and both the similarities and the areas of greatest contrasts between the United States and the European systems. Moreover, it contains so much of each type of material that the instructor gets the pleasure of picking and choosing which of their favorite topics to cover.
Both the law and the economics are extremely clearly and interestingly presented. I used it to teach a class of students who has never before taken a class in antitrust or competition law. We had to omit much of the book's more sophticated material. However, I have no doubt that anyone teaching an upper level class for students who already have taken a basic class in United States antitrust law or EU competition law would find this more advanced material extremely useful. Its mix of background material and state-of-the art material should make it similarly valuable for antitrust lawyers who have an international practice.
I believe I speak for comparative antitrust teachers everywhere when I say "thank you". Finally, the comparative antitrust law book we have been waiting for has arrived. Finally, the comparative antitrust field has a standard textbook to use. And what a wonderful standard it is.
Robert H. Lande
Venable Professor of Law
University of Baltimore School of Law
Average customer rating:
|
European Works Councils: Pessimism of the Intellect, Optimism of the Will (Routledge Studies in Employment Relations, 9)
Manufacturer: Routledge
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ASIN: 0415309867 |
Book Description
European Works Councils were established just over a decade ago as the first transnational industrial relations institutions at company level. They have had a major impact on goverments, employers, employees and trade unions as well as being the subject of intense academic scrutiny and debate. This edited collection draws from each of these sources with contributions from leading academics, senior trade unionists and employers.
The book is organized around four distinctive themes. The first introduces European Works Councils and provides overviews that will inform the understanding of both newcomers to the subject and specialists. The second part of the book focuses on an assessment of the European Directive 'in action' with contributions from European employers and trade union representatives. The third part, focuses on the experience of managers and trade unionists in facing the problems and possibilities involved in running a European Works Council. The final section takes us into the future of EuropeanWorks Councils in a globalized economy. Published at a time of major review of the European Directive, this book provides a unique review of developments from the perspective of both practitioners and academics.
With case studies, theoretical overviews, data analysis and contrasting opinions, this book will be essential reading for advanced students and researchers of Business and Management Studies, Industrials Relations and Employee Relations.
Average customer rating:
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Germany, Civilian Power and the New Europe: Enlarging NATO and the European Union (New Perspectives in German Studies)
Henning Tewes
Manufacturer: Palgrave Macmillan
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ASIN: 0333965086 |
Book Description
In 1990, the future of Europe's international politics hinged on two questions. How would unification affect the conduct of German foreign policy? Would those institutions that had given security and prosperity to Western Europe during the Cold War now do the same for the entire continent, and if so, how? The intersection of these questions is the topic of this book which lucidly explores what made Germany's policies toward its immediate Eastern neighbors tick.
Books:
- The European Economy since 1945: Coordinated Capitalism and Beyond (Princeton Economic History of the Western World)
- The European Economy since 1945: Coordinated Capitalism and Beyond (Princeton Economic History of the Western World)
- The Oligarchs: Wealth and Power in the New Russia
- The Penguin Historical Atlas of the Third Reich (Hist Atlas)
- The Politics of Public Budgeting: Getting And Spending, Borrowing And Balancing
- The Pre-Foreclosure Property Investor's Kit: How to Make Money Buying Distressed Real Estate -- Before the Public Auction
- The Richest Man in Babylon
- The Rise and Fall of the The Soviet Economy: An Economic History of the USSR, 1945 - 1991
- The Role of Government in East Asian Economic Development: Comparative Institutional Analysis
- The Science of Success: How Market-Based Management Built the World's Largest Private Company
Books Index
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