Most Popular Books by Kevin H

As part of a process that has been at work since 1850, real wages among the current OECD countries converged during the late 19th century. The convergence was pronounced as that which we have seen in the post World War Il period. This paper uses computable general equilibrium models to isolate the sources of that economic convergence by assessing the relative performance of the two most important economies in the Old World and the New -- Britain and the USA. It turns out that between 1870 and 1910, the convergence forces that mattered were those that generated by commodity price convergence, stresses by Eli Heckscher and Bertil Ohlin, and mass migration, stressed by Knut Wicksell. It turns out that offsetting forces were contributing to late 19th century divergence, a finding consistent with economic historians'' traditional attention to Britain''s alleged failure and America''s spectacular rise to industrial supremacy. The convergence forces, however, dominated for most of the period.

This paper uses international survey data to document two stylized facts. First, risk aversion is associated with anti-trade attitudes. Second, this effect is smaller in countries with greater levels of government expenditure. The paper thus provides evidence for the microeconomic underpinnings of the argument associated with Ruggie (1982), Rodrik (1998) and others that government spending can bolster support for globalization by reducing the risk associated with it in the minds of voters.

As September approaches, eleven year old Jessica Clare Songbird is anxious about transferring to a new school. She is worried about new teachers, different subjects and boys and girls she has never met. One night Jess has a bad dream about school. She wakes and calls out for her cat, Boodee, to come into the bed with her. She falls back to sleep and finds herself in the school building again. This time Boodee is with her. He guides her into four classrooms each one offering wondrous lessons. When she wakes she will never see school or the world in quite the same way. Enter the dream with Jess Clare and Boodee and discover the lessons of diversity, self confidence and what life looks like when you bring love with you.

The literature on multinationals and developing countries has examined the causality" running from direct investment to changes in country characteristics (wages skills, etc.) and also the opposite direction of causality, from existing country characteristics to" inward direct investment. This paper contributes to the second line of research the question of what country characteristics, particularly market size and labor-force" composition, attract inward investment. This approach is motivated by the empirical" observation that the poorest countries attract a far smaller share of world direct investment than" their share of income. Small markets receive less investment per capita than larger ones. We" develop a model that generates both stylized facts in equilibrium, suggesting the existence of a" development trap for small, skilled-labor-scarce countries.

Duncan Easley never considered himself a criminal. An outlaw, maybe, as he takes a bold step forward and joins the booming world of illegal cannabis cultivation in Northern California''s Emerald Triangle.

This is the first book to focus on IP over WDM optical networks. It not only summarizes the fundamental mechanisms and the recent development and deployment of WDM optical networks but it also details both the network and the software architectures needed to implement WDM enabled optical networks designed to transport IP traffic. The next generation network employing IP over optical networks is quickly emerging not only in the backbone but also in metro and access networks. Fiber optics revolutionizes the telecom and networking industry by offering enormous network capacity to sustain the next generation Internet growth. IP provides the only convergence layer in a global and ubiquitous Internet. So integrating IP and WDM to transport IP traffic over WDM enabled optical networks efficiently and effectively is an urgent yet important task. * Covers hot areas like traffic engineering, MPLS, peer-to-peer computing, IPv6. * Comprehensive overview of history, background and research. * Presents all requirements for a WDM optical network (enabling technologies, optical components, software architecture, management, etc.). * Performance studies and descriptions of experimental WDM optical networks guarantee the practical approach of the book. Technical engineers and network practitioners, designers and analysts, network managers and technical management personnel as well as first year graduate students or senior undergraduate students majoring in networking and/or network control and management will all find this indispensable.

With friends gathered around, the travelling minstrel Valdevo Baudelaire shares some of his most adventurous tales, tales of gallantry, great courage, strife, and woe, of tricks and mischief, heroes and villains, and light and darkness. Dragons, fairies, humans, dwarves, and elves alike come together to fight the deadly, demonic army of a dark lord, while kings contest for rule, powerful wizards help those in need, magical swords empower the brave, and knights vie for love and honour. Full of wisdom and fun, this collection of short stories will bring readers into a high fantasy world of epic portions. So, embrace your mystical side and let your imagination wander as you kickback and enjoy reading The Tales of Rithanon.

The aim of the paper is to see whether individuals'' attitudes towards globalization are consistent with the predictions of Heckscher-Ohlin theory. The theory predicts that the impact of being skilled or unskilled on attitudes towards trade and immigration should depend on a country''s skill endowments, with the skilled being less anti-trade and anti-immigration in more skill-abundant countries (here taken to be richer countries) than in more unskilled-labour-abundant countries (here taken to be poorer countries). These predictions are confirmed, using survey data for 24 countries. Being high-skilled is associated with more pro-globalization attitudes in rich countries; while in some of the very poorest countries in the sample being high-skilled has a negative (if statistically insignificant) impact on pro-globalization sentiment. More generally, an interaction term between skills and GDP per capita has a negative impact in regressions explaining anti-globalization sentiment. Furthermore, individuals view protectionism and anti-immigrant policies as complements rather than as substitutes, which is what simple Heckscher-Ohlin theory predicts.

On average, the poor European periphery converged on the rich industrial core in the four or five decades prior to World War I. Some, like the three Scandinavian economies, used industrialization to achieve a spectacular convergence on the leaders, especially in real wages and living standards. Some, like Ireland, seemed to do it without industrialization. Some, like Italy, underwent less spectacular catch-up, and it was limited to the industrializing North. Some, like Iberia, actually fell back. What accounts for this variety? What role did trade and tariff policy play? What about emigration and capital flows? What about schooling? We offer a tentative assessment of these contending explanations and conclude that globalization was by far the dominant force accounting for convergence (and divergence) around the periphery. Some exploited it well, and some badly.