Laura J. Spence, Jedrzej George Frynas, Judy N. Muthuri and Jyoti Navare
Essays on the Art and Craft of Economics
Bruce A. Blonigen and Wesley W. Wilson
International trade has grown rapidly over the past half-century, which the transportation industry has accommodated through concomitant growth and technological change. But, while the connection between transport and trade flows is clear, the academic literature often looks at these two issues (international trade and transport) separately. This Handbook reviews the key concepts in each of these two literatures, while providing new insights into the intersection between them, including such topics as trade facilitation, trade networks, and the role of transport costs in offshoring, foreign investment location, and the role of intermediary firms. Each chapter points to where further study is needed and provides ideas for future research.
Ronald J. Burke
This chapter sets the stage for the collection. It reviews content that will be addressed in considerably more detail in the chapters that follow. It considers the importance of the hospitality sector to a country’s economic development, the key role of service quality and human resource management in organizational success, leadership competencies, job stress and emotional labor, work–family conflict, sexual harassment, gender issues, generational differences, employees with disabilities, and ongoing and new human resource management challenges facing this sector. A range of human resource initiatives are then described that address many of these challenges.
An Institutional Critique
Frank H. Stephen
Chapter 1 sets the scene for the book. It discusses the reasons for the interest in the relationship between the law and economic development beginning with an outline of theories of development. The theory of development currently favoured by multilateral development agencies such as the World Bank is one of market-led development which emphasizes the role of the financial sector. Drawing on an analysis of the reasons why the Law and Development Movement of the 1960s and 1970s failed, criteria by which theories of law and the legal system’s role in development should be evaluated are identified. It is argued that a theory based on New Institutional Economics can satisfy these criteria.
In recent years, the Arctic region has reappeared as a centre of world politics and attracted the interest of stakeholders from within and outside the circumpolar North. The region is literally melting and the term ‘Arctic geopolitics’ has become a popular catchphrase to illustrate the Arctic’s status quo and its allegedly fluid future. During that time the European Union also discovered its Northern neighbourhood. Concerned about an unstable Arctic region and related spill-over effects reaching Europe, the EU has shown considerable interest in having a determining influence on future regional developments. It envisioned an Arctic future alongside its own conceptualisation of world order, rule of law and good governance.
A Constitutional Political Economy Approach
John M. Mbaku
African countries presently face many problems, the most important of which are poverty and high levels of material deprivation. An effective effort to fight mass poverty must begin with the creation of wealth. Unfortunately, despite the recent upswing in economic activities, there cannot be sustained economic growth and development without peaceful coexistence. Pervasive sectarian violence, a lot of it attributed to violent and destructive mobilization by various subcultures that believe they are being marginalized by public policies, remains a major problem for virtually all countries on the continent. Providing each African country with institutional arrangements that provide effective structures for peaceful coexistence, including especially the protection of the rights of minority groups, is the most important prerequisite for wealth creation and economic development.