Jonathon Moses makes moral, political and economic arguments in favor of the free mobility of human beings across national borders. Pointing to the importance of immigration to the sucess of many nations, he shows that Europe itself now faces a falling population, and has over the past fifty years actively encouraged huge immigration from other countries. There is near consensus across the political spectrum that the free movement of goods and free movement of capital are good for economie...

This agenda-setting book shows how freedom of movement has made the integration of Europe’s labour markets a contentious issue, for example in the aftermath of the eurocrisis, where workers had to make great sacrifices to enable the currency area to function.It argues that the process of market integration in Europe has undermined the power and influence of European workers and generated significant human costs. In starting from the position of labour, this book offers an alternati...

Managing Resource Abundance and Wealth: The Norwegian Experience describes the sundry and significant challenges, both economic and political, facing petroleum-producing countries. The volume outlines the pitfalls that policymakers encounter in the aftermath of a major resource discovery, and what they can do to protect their countries from the most adverse consequences. These lessons are derived from two very different sources: The broader-if still underdeveloped-social science l...

This book explores three particular strategies in the extractives sector for creating shared wealth, increased labour opportunities and positive social, environmental and economic outcomes from corporate projects, namely: state wealth funds (SWF), local content policies (LCP) and corporate social responsibility (CSR) practices. Collectively, the chapters explore the associated experiences and challenges in different parts of the world with the view to inform equitable and sustainable devel...

For almost its entire history, Canada has been run by the political, media and business elites of Toronto, Ottawa and Montreal. But in the past few years, these groups have lost their power—and most of them still do not realize it’s gone. The Laurentian Consensus, the term John Ibbitson has coined for the dusty liberal elite, has been replaced by a new, powerful coalition based in the West and supported by immigrant voters in Ontario. How did this happen?Most people are unaware tha...

From the vantage point of many in the West, Africa remains a continent of woe – a place stalked by ethnic conflict, corrupt dictatorships, religious strife, war and famine. But today, at last, the flawed mythology that treats Africa as a homogenous disaster area is being challenged by investors, economists, fund managers and academics. Age is not often associated with speed; but Africa, the cradle of civilisation, now has more of the world’s fastest-growing economies than any other. After ...

China Versus the West is an innovative book.The author, a leading specialist on the international and Asian economy and business, presents the most comprehensive picture of the changing power balance between the emerging superpower China and the "old" developed economies of the West: mainly the US, Europe and Japan. The reader can clearly see in what areas and to what extent China has become the world leader, in what areas it is catching up and in what are...

China has become the world's second biggest economy and its largest exporter. It possesses the world's largest foreign exchange reserves and has 29 companies in the FT 500 list of the world's largest companies. ‘China's Rise' preoccupies the global media, which regularly carry articles suggesting that it is using its financial resources to ‘buy the world'.Is there any truth to this idea? Or is this just scaremongering by Western commentators who have little interest in a balanced p...

A report on development economics in action, by a crucial player in Nigeria's recent reforms.Corrupt, mismanaged, and seemingly hopeless: that's how the international community viewed Nigeria in the early 2000s. Then Nigeria implemented a sweeping set of economic and political changes and began to reform the unreformable. This book tells the story of how a dedicated and politically committed team of reformers set out to fix a series of broken institutions, and in t...

The age of party democracy has passed, argues Peter Mair in Ruling the Void. The major parties have become so disconnected from society that they no longer seem capable of sustaining democracy in its present form.First published in 2013, Ruling the Void presciently observed that the widening gap between citizens and their political leaders posed a crisis of legitimacy for the governing class, and was fuelling populist mobilizations against it. Europe's political e...

How did China move so swiftly in capital-intensive industries without labor-cost or scale advantage from bit player to the largest manufacturer and exporter in the world? This book argues that subsidies contributed significantly to China's success. Industrial subsidies in key Chinese manufacturing industries may exceed thirty percent of industrial output. Economic theories have mostly portrayed subsidies as distortive, inefficiently reallocating resources according to non-market criteria. ...

We have spent the last three decades engaged in a pointless and irrelevant debate about the relative merits of privatization or nationalization. We have been arguing about the wrong thing while sitting on a goldmine of assets.Don’t worry about who owns those assets, worry about whether they are managed effectively.Why does this matter? Because despite the Thatcher/ Reagan economic revolution, the largest pool of wealth in the world – a global total that is much larger than ...