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Routledge Studies in the Modern World Economy

About the Book Series

In an increasingly interdependent world, many of the most important issues are driven by economic forces. This series applies newly developed economic techniques to some of the most pressing contemporary problems. The aim of the series is to demonstrate the relevance of modern economic theory to the modern world economy, and to provide key reading for researchers and policy-makers.

226 Series Titles


The Economics of Knowledge Generation and Distribution The Role of Interactions in the System Dynamics of Innovation and Growth

The Economics of Knowledge Generation and Distribution: The Role of Interactions in the System Dynamics of Innovation and Growth

1st Edition

Edited By Pier Paolo Patrucco
September 30, 2020

Contemporary capitalistic systems have been undergoing profound transformations determined by the transition towards the so-called knowledge based economy, i.e. a competitive system based on the capabilities firms have to create, use and circulate knowledge. These transformations concern both the ...

The Evolution of Economic Wellbeing Progress-Driven Economic Policies in the Era of Globalization

The Evolution of Economic Wellbeing: Progress-Driven Economic Policies in the Era of Globalization

1st Edition

By Zuhayr Mikdashi
September 30, 2020

Throughout history, humans have sought to enhance their wellbeing across various domains. Though the spectrum of factors responsible for wellbeing has widened considerably and advances have been realized in scientific-technological fields, significant failures have been encountered in establishing ...

The Global Commercial Aviation Industry

The Global Commercial Aviation Industry

1st Edition

Edited By Sören Eriksson, Harm-Jan Steenhuis
September 30, 2020

This book provides a state-of-the-art overview of the changes and development of the civil international aircraft/aviation industry. It offers a fully up-to-date account of the international developments and structure in the aircraft and aviation industries from a number of perspectives, which ...

The Local Impact of Globalization in South and Southeast Asia Offshore business processes in services industries

The Local Impact of Globalization in South and Southeast Asia: Offshore business processes in services industries

1st Edition

Edited By Bart Lambregts, Niels Beerepoot, Robert Kloosterman
September 30, 2020

In the past two decades, several millions of IT-enabled services jobs have been relocated or ‘offshored’ from the US and Europe to, in particular, low cost economies around the world. Most of these jobs so far have landed in South and South-East Asia, with India and the Philippines receiving the ...

The Russian Economy and Foreign Direct Investment

The Russian Economy and Foreign Direct Investment

1st Edition

Edited By Kari Liuhto, Sergei Sutyrin, Jean-Marc F. Blanchard
September 30, 2020

Before the recent Ukrainian crisis, Russia was one of the main sources of foreign direct investment (FDI) outflow and one of the main targets of FDI inflow in the world. However, the events in the Ukraine, the formation of the Eurasian Economic Union, and China’s growing interest in the Russian ...

Wealth, Inclusive Growth and Sustainability

Wealth, Inclusive Growth and Sustainability

1st Edition

Edited By Shunsuke Managi
September 30, 2020

The excessive pursuit of economic interests has resulted in severe environmental and social problems, such as climate change, biodiversity loss, and inequality and disparity. There is an urgent need for broader measures of progress to complement Gross Domestic Product (GDP). This book provides a ...

Information Efficiency and Anomalies in Asian Equity Markets Theories and evidence

Information Efficiency and Anomalies in Asian Equity Markets: Theories and evidence

1st Edition

Edited By Qaiser Munir, Sook Ching Kok
August 14, 2020

The efficient market hypothesis (EMH) maintains that all relevant information is fully and immediately reflected in stock prices and that investors will obtain an equilibrium rate of return. The EMH has far reaching implications for capital allocation, stock price prediction, and the effectiveness ...

Chinese Trade Trade Deficits, State Subsidies and the Rise of China

Chinese Trade: Trade Deficits, State Subsidies and the Rise of China

1st Edition

By Rich Marino
June 30, 2020

There’s no question, compared to the advanced economies China’s economic growth rates have been spectacular, but in most instances the economic analysts tend to forget that a large part of China’s growth has been dictated by government industrial subsidies. How did China go from a bit player ...

Entrepreneurship and Local Economic Development A Comparative Perspective on Entrepreneurs, Universities and Governments

Entrepreneurship and Local Economic Development: A Comparative Perspective on Entrepreneurs, Universities and Governments

1st Edition

Edited By Bruno Dallago, Ermanno Tortia
June 30, 2020

This book focuses on the nature and role of entrepreneurship in modern developed and emerging economies and societies, its relation to governments and universities, and its role in the often-forgotten informal economy. The aim is to position entrepreneurship in the post-crisis context and explore ...

The Future of the Economy East-West Perspectives on Pathways Through Disruption

The Future of the Economy: East-West Perspectives on Pathways Through Disruption

1st Edition

By John Powers, Vikram Khanna
May 07, 2020

As the pace of economic change seems to only quicken, including rapid technological advance, today’s advanced economies face uncertainty from a number of directions, most of which have the potential to change established modes of thinking and the institutional arrangements that underpin basic ...

Varieties of Capitalism in History, Transition and Emergence New Perspectives on Institutional Development

Varieties of Capitalism in History, Transition and Emergence: New Perspectives on Institutional Development

1st Edition

By Martha Prevezer
December 12, 2019

Economics tends to teach that developed countries have good institutions while developing countries do not, and that this is the factor that constrains the latter's growth. However, the picture is far messier than this explanation suggests.Building on the varieties of capitalism framework, this ...

Financial Reform in China The Way from Extraction to Inclusion

Financial Reform in China: The Way from Extraction to Inclusion

1st Edition

By Changwen Zhao, Hongming Zhu
September 25, 2019

This book focuses on the importance for China to correct the present imbalance in the relationship between the financial sector and the real economy. The book looks at China’s current financial system in terms of "extractive" and "inclusive". It asserts that the financial sector is producing huge "...

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