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ABSTRACTS & REVIEWS
Handbooks in Economics
Series Editor:
Kenneth Arrow, Stanford University, Stanford, CA, USA
Michael Intriligator, University of California, Los Angeles, CA, USA
The Handbooks in Economics series continues to provide the various branches of economics with handbooks which are definitive reference sources, suitable for use by professional researchers, advanced graduate students, or by those seeking a teaching supplement.With contributions from leading researchers, each Handbook presents an accurate, self-contained survey of the current state of the topic under examination. These surveys summarize the most recent discussions in journals, and elucidate new developments.Although original material is also included, the main aim of this series is the provision of comprehensive and accessible surveys.The Handbooks are indispensable reference works which belong in every professional collection, and form ideal supplementary reading for graduate economics students on advanced courses.The Handbooks are now also available electronically via ScienceDirect. For more information, please visit: www.sciencedirect.com
European Review of Agricultural Economics
The European Review of Agricultural Economics (ERAE) serves as a forum for innovative theoretical and applied agricultural economics research.
The ERAE strives for balanced coverage of economic issues within the broad subject matter of agricultural and food production, consumption and trade, rural development, and resource use and conservation. Topics of specific interest include multiple roles of agriculture; trade and development; industrial organisation of the food sector; institutional dynamics; consumer behaviour; sustainable resource use; bioenergy; agricultural, agri-environmental and rural policy; specific European issues.
Methodological articles are welcome. All published papers are at least double peer reviewed and must show originality and innovation. The ERAE also publishes book reviews.
The European Review of Agricultural Economics is the official journal of the European Association of Agricultural Economists. To become a member of this association, contact: EAAE, Alexanderveld 5, 2582 BE Den Haag, The Netherlands or mail address to P. O. Box 29703 2502 LS The Hague
Will China dominate the 21st century
In this short and accessible book Jonathan Fenby successfully traces the huge inadequacies of the Chinese state from suffocating authoritarianism to long term economic mismanagement. The beauty of Fenby’s book is that it is superbly concise; with over 30 years’ experience of covering China, Fenby is able to distil complex ideas down to their core elements and burnish them with accompanying illustrative anecdotes. For students of Chinese politics or international relations this is a book well worth reading, writes Merlin Linehan, but it lacks the details that a more advanced China scholar might crave.
Rethinking sovereign debt: politics, reputation and legitimacy in modern finance
Rethinking Sovereign Debt explores how sovereign debt continuity – the rule that nations should repay loans even after a major regime change, or expect reputational consequences – became the consensus approach. Odette Lienau contends that the practice is not essential for functioning international capital markets and demonstrates how it relies on ideas of absolutist government that have come under fire over the last century. Despite some shortcomings this remains an interesting, highly readable, and convincingly argued book about the norms that govern sovereign debt, writes Lauren M. Phillips. Lienau has made an important contribution to the literature on sovereign debt, adding nuance to existing studies in international political economy and related disciplines.
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