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Is the fall in overall productivity growth in the United States and other developed countries related to the rising share of the service sectors in the economy? Since services represent well over half of the U.S. gross national product, it is also important to ask whether these sectors have had a slow rate of growth, as this would act as a major drag on the productivity growth of the overall economy and on its competitive performance. In this timely volume, leading experts from government and academia argue that faulty statistics have prevented a clear understanding of these issues.
This book surveys state-of-the-art and prospective practices, methods and technologies in agri-food and forestry sectors to document the potential measurable improvements in areas of environmental management, food security, economic growth, social cohesion and human health at the local and global scale. With a focus on the ecosystems-resources-climate-food-health nexus as a framework towards achieving the UN Sustainable Development Goals applicable in these sectors, the book offers a portfolio of guidelines and standards that assesses the affordability, potential profitability and possible unintended consequences of interventions. The areas of intervention covered in the study include global and local forest resources management, safe wastewater reuse for irrigation, sustainable crop and plant protection (e.g. biopesticides, bioherbicides), carbon sequestration and emission reduction strategies, and safe processing methods for food and food waste (e.g. sustainable food preservatives and healthier food). The book is primarily intended for academics, professionals, and policymakers. The professional audience, including enterprises in the forestry, farming, food processing, healthcare and waste management sectors, will take advantage of the updated knowledge basis concerning the innovations in the respective practices, methods and technologies, including their feasibility, affordability and profitability, and policymakers will find useful the comprehensive review of these innovations which could be strategically promoted and deployed in the next decade, with the aim of achieving the UN Sustainable Development Goals.
Today's China is governed by a new economic model that marks a radical break from the Mao and Deng eras; it departs fundamentally from both the East Asian developmental state and its own Communist past. It has not, however, adopted a liberal economic model. China has retained elements of statist control even though it has liberalized foreign direct investment more than any other developing country in recent years. This mode of global economic integration reveals much about China’s state capacity and development strategy, which is based on retaining government control over critical sectors while meeting commitments made to the World Trade Organization. In China's Regulatory State, Roselyn Hsueh demonstrates that China only appears to be a more liberal state; even as it introduces competition and devolves economic decisionmaking, the state has selectively imposed new regulations at the sectoral level, asserting and even tightening control over industry and market development, to achieve state goals. By investigating in depth how China implemented its economic policies between 1978 and 2010, Hsueh gives the most complete picture yet of China's regulatory state, particularly as it has shaped the telecommunications and textiles industries. Hsueh contends that a logic of strategic value explains how the state, with its different levels of authority and maze of bureaucracies, interacts with new economic stakeholders to enhance its control in certain economic sectors while relinquishing control in others. Sectoral characteristics determine policy specifics although the organization of institutions and boom-bust cycles influence how the state reformulates old rules and creates new ones to maximize benefits and minimize costs after an initial phase of liberalization. This pathbreaking analysis of state goals, government-business relations, and methods of governance across industries in China also considers Japan’s, South Korea’s, and Taiwan’s manifestly different approaches to globalization.
This volume contains a selection of papers that were presented at the CRESSE Conferences held in Chania, Crete, from July 6th to 8th, 2012, and in Corfu from July 5th to 7th, 2013. The chapters address current policy issues in competition and regulation. The book contains contributions at the frontier of competition economics and regulation and provides perspectives on recent research findings in the field. Written by experts in their respective fields, the book brings together current thinking on market forces at play in imperfectly competitive industries, how firms use anti-competitive practices to their advantage and how competition policy and regulation can address market failures. It provides an in-depth analysis of various ongoing debates and offers fresh insights in terms of conceptual understanding, empirical findings and policy implications. The book contributes to our understanding of imperfectly competitive markets, anti-competitive practices and competition policy and regulation.