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The Barnett formula
The Barnett Formula is the mechanism used by the United Kingdom Government to allocate more than half of total public expenditure in Scotland, Wales and Northern Ireland. The Formula has been used for the last thirty years to determine the annual increase in allocation (the increment). Each year these increments are added on to the previous year's allocation (the baseline) to create what is now a significant block grant of funds. The Formula accounted for almost £49 billion of public spending in 2007-08. Despite the political changes within the United Kingdom the Formula has continued to be used and has never been reviewed or revised. The Formula was only intended to be a short term measure...
Industrial Policy in Europe after 1945
Bringing together renowned scholars in the field with younger researchers, this interdisciplinary study of the history of post-war industrial policy in Europe investigates transfers across borders and locates industrial policy in the context of the Cold War from a global perspective.
The Oxford Handbook of Industrial Policy
Industrial policy has long been regarded as a strategy to encourage sector-, industry-, or economy-wide development by the state. It has been central to competitiveness, catching up, and structural change in both advanced and developing countries. It has also been one of the most contested perspectives, reflecting ideologically inflected debates and shifts in prevailing ideas. There has lately been a renewed interest in industrial policy in academic circles and international policy dialogues, prompted by the weak outcomes of policies pursued by many developing countries under the direction of the Washington Consensus (and its descendants), the slow economic recovery of many advanced economie...
Applied Economics in Globalised Economies
Globalisation, the increasing integration of markets and ideas across borders throughout the world, has redefined how economies function, how societies interact, and how nations confront shared challenges. Recognising these profound transformations, this book attempts to bridge the divide between economics and economies as well as the gap between theories and policies. Complete with case studies, lecture slides, test questions, and sample data/codes, the book is an engaging resource for upper undergraduates and postgraduate economics students alike.
The Influence of Railways on Economic Change
This book approaches the history of railway building and its impact on economic change in a new way. Using a more granular approach than has been used in the past, based on detailed case studies, this book aims to establish the effect of railway building on local economies and individual sectors within those micro-economies. From the resulting analysis, it has been possible to extrapolate the nuanced changes, not always growth as has often been suggested, to other places. While this book examines the micro-economies of one deliberately selected constrained area, the conclusions drawn from the research are relevant to the whole of the United Kingdom in the nineteenth century. The findings are also relevant to other evolving economies, including those in Europe and the United States, throughout the nineteenth century. The volume is aimed at undergraduates, postgraduates and scholars who are examining the economic and social history of the Victorian period. It would also be of value to business schools. This book has also been written to be an accessible history of nineteenth-century economic history, which will be of general interest to book sellers, librarians and the casual reader.
Contesting Democracy
Leading scholars provide a comprehensive history of two centuries of U.S. politics. Contributions from a who's who of political historians.
International Migration and World Development
The 1920s marked the end of a century of mass migration from Europe to the New World. This paper examines analytically this pre-quota experience. The discussion is divided into two parts. The first deals with the character and dimensions of overseas emigration from Europe chiefly from the mid 19th century to World War I. The second discussions the effects of these migrations on both sending and receiving countries. The traditional literature has far more to say about the first than the second. Here we deal with the evolution of global labor markets, first as they were directly influenced by the migrations, and second as they interacted with the evolution of world commodity and capital markets. The paper argues that the impressive economic convergence which took place between 1870 and World War I can be largely explained by these forces of economic integration, rather than by technological convergence or differential human capital growth.
The International Trading System, Globalization and History
The focus of this collection is the history of the international trading system over the past two centuries. Series editor Kym Anderson from the University of Adelaide, SA.
