Virtual economic transactions have radically transformed the way we think about trade and markets in closed and open economies. Continuous decline in costs of information and communications and setting up of phenomenally large number of virtual platforms have brought in 'Time' as an essential element in the discourse on international trade. This work delves deep into the issue of how Time enters as a major catalyst of international trade and virtual transactions. This changes the way we look at ideas of comparative advantage, factor mobility, growth, income distribution, and allied concepts. A key result is that greater physical distance might encourage trade contrary to what we are accustomed to accept.
The main purpose of this book is to expose economics graduate students and researchers to the most significant development in international trade that has taken place in the recent past. Service transactions now make up a sizeable portion of global trade. Trade in both final and intermediate inputs is done virtually through information and communication networks, raising afresh the question of the basis of trade and calling for in-depth investigation. This book succinctly comes up with a relatively new explanation for the basis of trade, thus it adds a new dimension to three existing building blocks: technology, endowment, and returns to scale. Against a backdrop of standard Ricardian and Heckscher–Ohlin competitive models of trade, the chapters of this book nicely introduce the issue of communication cost and the difference in time zones between two trading nations. Then follow many intricate phenomena such as informality, skill formation, growth, wage inequality, and decisions regarding foreign direct investment (FDI). However, imperfectly competitive models are not dealt with in great detail as they deserve more space than can be allotted to them here. Given the nonexistence of any research-oriented in-depth analyses of competitive trade models with time-zone differences, this book is a valuable addition to the resources available to researchers and policymakers interested in deciphering recent developments in global trade patterns and the subsequent welfare effect.
The book deals with the pricing of ecosystem services provided by agriculture. All provisioning, regulating, supporting and cultural services are being covered in this title. Chapters in this contributed volume cover topics such as pricing of services from the soil, water, and nutrient management. Quantified monetary values of carbon sequestration and renewable energy applications in agriculture are covered with clear-cut methodologies. This book also links ecosystem service-based pricing with crop insurance. Improving the farmers’ livelihood is the central goal of the agricultural production system throughout the world. Under the climate change context, farms’ produce is now climate-vulnerable and heavily dependent on weather conditions. Moreover, we often neglect the contribution of several positive impacts of agricultural practices on ecosystems and natural resources. Therefore, there is a need to quantify and value these ecosystem services in agriculture. However, valuation and pricing the services in agriculture both tangible and intangible is a challenge. It is necessary to have clear-cut methodologies for pricing ecosystem services of agriculture in terms of net monetary benefits. The ecosystem service-based pricing could be a solid basis for calculating the insurance to farmers in case of occurrence of natural hazard and associated crop damage. This book is of interest to scholars, teachers, researchers, environmental scientists, watershed managers, capacity builders, and policymakers. The book also serves as effective reading material for undergraduate and graduate students of agriculture economics, ecology, agronomy, and environmental sciences. National and international agricultural scientists, policymakers will also find this to be useful.
Present world is witnessing drastic changes harshly impacting its bio-resources (plants, animals and organisms) that are considered as natural gift for our livelihood. Global warming, climate change, abiotic and biotic stresses are strangling and challenging the survivability of these resources. It is therefore crucial to manage these resources for making planet Earth more suitable to live. Moreover, there is an utter need to know how climate dynamic and biotic or abiotic factors are influencing on bio-resources and also to frame its sustainable management strategies. This book is the output of the research deliberations at 3rd International Conference on Bio-resource and Stress Management, India; and expert views on contemporary research and management issues in relation to bio-resources and its management. This timely needed uniquely written reference book consists of 29 well-crafted chapters on sustainable land, water and crop management, organic agriculture, climate change and crop productivity, stress management, bio-resource conservation, bio-fortification for nutritional security, agro-techniques, agro-forestry and forest resource management and waste management etc. which certainly will be of great use by the scientists, academician, researches, scholars, students, extension workers, corporate and NGO’s working in these aspects.
This book explores the synergy between yoga and dance, enhancing physical, mental, and spiritual well-being. It shows how yoga improves dancers' strength, flexibility, and focus, while dance adds creativity and fluidity to yoga. The spiritual essence of Odissi dance and the therapeutic benefits of both disciplines are also examined. Readers will discover how these practices promote a balanced, fulfilling life.
Rafiki means friend in Kiswahili language, which is spoken in a large part of Africa. The book reflects the authors own way of detailing the importance of cooperation for Indian managers in international business as part of his teaching in MBA class. It is full of anecdotal evidence that have made it an articulate polemic and provide a counterintuitive look toward understanding the business environment. Biswajit has written a fascinating book. He takes an unusual path, and with warmth and accessibility weaves stories and travel adventures around a serious but humanized discussion of crucial economic and social issues. The author treats us to a vividly narrated reminder of the extraordinary value of diversity and the importance of learning from the realities of others. This rich and readable chronicle will be enjoyed by many. - Patrick Low, Vice President of Research, Fung Global Institute, Hong Kong and Former Chief Economist of the World Trade Organization Biswajit whips up a wonderful plate of cross country experiences. The fast paced book illustrates the perils of attaching labels like emerging market economies that lull MNCs to ignore the rich diversity and consequent opportunity these countries offer. - Subhomoy Bhattacharjee, Deputy Editor, Indian Express My World with Rafiki is a powerful narrative with opinions and doubts that ignite alternative thinking and discernment about the contemporary world. A superb mix of stories and theories, the breathtaking speed of commentary and lively anecdotes keep you wondering for the next surprise. - Bruno Jetin, Researcher, Institute for Research on Contemporary Southeast Asia, Bangkok and Associate Professor, University Paris Nord Sorbonne, Paris
The book deals with the pricing of ecosystem services provided by agriculture. All provisioning, regulating, supporting and cultural services are being covered in this title. Chapters in this contributed volume cover topics such as pricing of services from the soil, water, and nutrient management. Quantified monetary values of carbon sequestration and renewable energy applications in agriculture are covered with clear-cut methodologies. This book also links ecosystem service-based pricing with crop insurance. Improving the farmers’ livelihood is the central goal of the agricultural production system throughout the world. Under the climate change context, farms’ produce is now climate-vulnerable and heavily dependent on weather conditions. Moreover, we often neglect the contribution of several positive impacts of agricultural practices on ecosystems and natural resources. Therefore, there is a need to quantify and value these ecosystem services in agriculture. However, valuation and pricing the services in agriculture both tangible and intangible is a challenge. It is necessary to have clear-cut methodologies for pricing ecosystem services of agriculture in terms of net monetary benefits. The ecosystem service-based pricing could be a solid basis for calculating the insurance to farmers in case of occurrence of natural hazard and associated crop damage. This book is of interest to scholars, teachers, researchers, environmental scientists, watershed managers, capacity builders, and policymakers. The book also serves as effective reading material for undergraduate and graduate students of agriculture economics, ecology, agronomy, and environmental sciences. National and international agricultural scientists, policymakers will also find this to be useful.
The main purpose of this book is to expose economics graduate students and researchers to the most significant development in international trade that has taken place in the recent past. Service transactions now make up a sizeable portion of global trade. Trade in both final and intermediate inputs is done virtually through information and communication networks, raising afresh the question of the basis of trade and calling for in-depth investigation. This book succinctly comes up with a relatively new explanation for the basis of trade, thus it adds a new dimension to three existing building blocks: technology, endowment, and returns to scale. Against a backdrop of standard Ricardian and Heckscher–Ohlin competitive models of trade, the chapters of this book nicely introduce the issue of communication cost and the difference in time zones between two trading nations. Then follow many intricate phenomena such as informality, skill formation, growth, wage inequality, and decisions regarding foreign direct investment (FDI). However, imperfectly competitive models are not dealt with in great detail as they deserve more space than can be allotted to them here. Given the nonexistence of any research-oriented in-depth analyses of competitive trade models with time-zone differences, this book is a valuable addition to the resources available to researchers and policymakers interested in deciphering recent developments in global trade patterns and the subsequent welfare effect.
Present world is witnessing drastic changes harshly impacting its bio-resources (plants, animals and organisms) that are considered as natural gift for our livelihood. Global warming, climate change, abiotic and biotic stresses are strangling and challenging the survivability of these resources. It is therefore crucial to manage these resources for making planet Earth more suitable to live. Moreover, there is an utter need to know how climate dynamic and biotic or abiotic factors are influencing on bio-resources and also to frame its sustainable management strategies. This book is the output of the research deliberations at 3rd International Conference on Bio-resource and Stress Management, India; and expert views on contemporary research and management issues in relation to bio-resources and its management. This timely needed uniquely written reference book consists of 29 well-crafted chapters on sustainable land, water and crop management, organic agriculture, climate change and crop productivity, stress management, bio-resource conservation, bio-fortification for nutritional security, agro-techniques, agro-forestry and forest resource management and waste management etc. which certainly will be of great use by the scientists, academician, researches, scholars, students, extension workers, corporate and NGO’s working in these aspects.
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