This newly and fully revised fifth edition explores the two opposing paradigms of sustainability in an insightful and accessible way. Eric Neumayer contends that central to the debate on sustainable development is the question of whether natural capital can be substituted by other forms of capital. Proponents of weak sustainability maintain this is possible, whilst followers of strong sustainability regard natural capital as non-substitutable. Using global warming and other major environme...

A comprehensive, critical analysis of the interactions between investment, trade and the environment. It examines the consequences of existing multilateral investment and trade regimes, including the WTO and the MAI for the environment, and asks how they should be reformed to protect it. In doing so, the text shows how these regimes can be greened without erecting protectionist barriers to trade that frustrate the development aspirations of poorer countries. The solution seeks to offer a w...

The uncertainty that researchers face in specifying their estimation model threatens the validity of their inferences. In regression analyses of observational data, the 'true model' remains unknown, and researchers face a choice between plausible alternative specifications. Robustness testing allows researchers to explore the stability of their main estimates to plausible variations in model specifications. This highly accessible book presents the logic of robustness testing, provides an o...

A novel perspective on scientific fraud—how undisclosed “tweaks” to research designs and model specifications fuel the credibility crisis in science.In The Credibility Crisis in Science, leading social scientists Thomas Plümper and Eric Neumayer argue that the most impactful fraud is crucially under-recognized. While data fabrication and manipulation are widely recognized as fraudulent, “tweaks”—the intentional selection of research designs and model speci...

Surveying three centuries of economic history, a Harvard professor argues for a leaner global system that puts national democracies front and center.From the mercantile monopolies of seventeenth-century empires to the modern-day authority of the WTO, IMF, and World Bank, the nations of the world have struggled to effectively harness globalization's promise. The economic narratives that underpinned these eras—the gold standard, the Bretton Woods regime, the "Washington Consensus"—br...

The core methods in today's econometric toolkit are linear regression for statistical control, instrumental variables methods for the analysis of natural experiments, and differences-in-differences methods that exploit policy changes. In the modern experimentalist paradigm, these techniques address clear causal questions such as: Do smaller classes increase learning? Should wife batterers be arrested? How much does education raise wages? Mostly Harmless Econometrics shows how the ...

For a century, economists have driven forward the cause of globalization in financial institutions, labour markets, and trade. Yet there have been consistent warning signs that a global economy and free trade might not always be advantageous. Where are the pressure points? What could be done about them? Dani Rodrik examines the back-story from its seventeenth-century origins through the milestones of the gold standard, the Bretton Woods Agreement, and the Washington Consensus, to the prese...

"A damning denunciation of things as they are, and a platform for how we can do better."--Andrew Leonard, SalonFour years after he outlined the challenges our increasingly interdependent world was facing in Globalization and Its Discontents, Joseph E. Stiglitz offered his agenda for reform. Now in paperback, Making Globalization Work offers inventive solutions to a host of problems, including the indebtedness of developing countries, international fiscal ...

A new edition of a book that takes a comprehensive look at the ways economic processes affect global environmental outcomes.This comprehensive and accessible book fills the need for a political economy view of global environmental politics, focusing on the ways international economic processes affect environmental outcomes. It examines the main actors and forces shaping global environmental management, particularly in the developing world. Moving beyond the usual e...

"Keep your government hands off my Medicare!" Such comments spotlight a central question animating Suzanne Mettler's provocative and timely book: why are many Americans unaware of government social benefits and so hostile to them in principle, even though they receive them? The Obama administration has been roundly criticized for its inability to convey how much it has accomplished for ordinary citizens. Mettler argues that this difficulty is not merely a failure of communication; rather i...

This lively and engaging book explains the things you have to know in order to read empirical papers in the social and health sciences, as well as the techniques you need to build statistical models of your own. The discussion in the book is organized around published studies, as are many of the exercises. Relevant journal articles are reprinted at the back of the book. Freedman makes a thorough appraisal of the statistical methods in these papers and in a variety of other examples. He ill...

Between them, Brian Mulroney and Jean Chrétien radically altered the structure and functions of the federal government, first by signing and implementing major trade liberalization projects, and then by cutting back the size of their governments' budgets and the scope of their policies. Uncle Sam and Us analyzes the Mulroney-Chrétien era's impact on Canadian governance through two related factors, globalization from without and neoconservatism from within.Stephen Clarkson ...