Ludger Pries's Books

Trade Protection in the European Community

By: Ludger Schuknecht

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Trade Protection in the European Community

By: Ludger Schuknecht

This book, first published in 1992, provides an in-depth analysis of the EC policy-making processes elating to trade protection. It argues that the decision-making process is biased towards national policy-makers, leading to the political determination of the EC’s administered protection, with the outcome being that protection is geared towards domestic producer interests seeking relief from import competition. This study offers a unique perspective because it locates the analysis of EC trade protection within the wider framework of EC decision-making processes.

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212

Publisher

Routledge

Published Date

ISBN 10

1351397400

ISBN 13

9781351397407

The Global Society and Its Enemies

Liberal Order Beyond the Third World War

By: Ludger Kühnhardt

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The Global Society and Its Enemies

Liberal Order Beyond the Third World War

By: Ludger Kühnhardt

This book discusses contemporary constellations of international politics and global transformation. It offers guidance on how to conceptualize the complexity of current global changes and practical policy advice in order to promote an open global society. In the light of today’s challenges, the author re-interprets the main argument of the philosopher Karl Popper in "The Open Society and Its Enemies". Based on this framework and new empirical evidence, the book discusses the thesis of an ongoing Third World War, triggered by fundamental deficits in nation-building, occurring primarily within states and not between them, and accelerated by asymmetric forms of warfare and Islamist totalitarianism.The book also explores various threats to the global order, such as the paradox of borders as barriers and bridges, the global effects of the youth bubble in many developing countries, and the misuse of religious interpretation for the use of political violence. Lastly, the author identifies advocates and supporters of a liberal, multilateral and open order and argues for a reinvention of the Western world to contribute to a revival of a liberal global order, based on mutual respect and joint leadership.

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Page Count

285

Publisher

Springer

Published Date

ISBN 10

3319559044

ISBN 13

9783319559049

Handbook of the Economics of Education

By: Stephen J. Machin,Ludger Woessmann

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Handbook of the Economics of Education

By: Stephen J. Machin,Ludger Woessmann

With contributions from leading researchers, this handbook presents an accurate, self-contained survey of the current state of the economics of education. It summarises the most recent discussions in journals and elucidates new developments.

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707

Publisher

Elsevier

Published Date

ISBN 10

044453444X

ISBN 13

9780444534446

Stochastic Processes and Financial Mathematics

By: Ludger Rüschendorf

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Stochastic Processes and Financial Mathematics

By: Ludger Rüschendorf

The book provides an introduction to advanced topics in stochastic processes and related stochastic analysis, and combines them with a sound presentation of the fundamentals of financial mathematics. It is wide-ranging in content, while at the same time placing much emphasis on good readability, motivation, and explanation of the issues covered. Financial mathematical topics are first introduced in the context of discrete time processes and then transferred to continuous-time models. The basic construction of the stochastic integral and the associated martingale theory provide fundamental methods of the theory of stochastic processes for the construction of suitable stochastic models of financial mathematics, e.g. using stochastic differential equations. Central results of stochastic analysis such as the Itô formula, Girsanov's theorem and martingale representation theorems are of fundamental importance in financial mathematics, e.g. for the risk-neutral valuation formula (Black-Scholes formula) or the question of the hedgeability of options and the completeness of market models. Chapters on the valuation of options in complete and incomplete markets and on the determination of optimal hedging strategies conclude the range of topics. Advanced knowledge of probability theory is assumed, in particular of discrete-time processes (martingales, Markov chains) and continuous-time processes (Brownian motion, Lévy processes, processes with independent increments, Markov processes). The book is thus suitable for advanced students as a companion reading and for instructors as a basis for their own courses. This book is a translation of the original German 1st edition Stochastische Prozesse und Finanzmathematik by Ludger Rüschendorf, published by Springer-Verlag GmbH Germany, part of Springer Nature in 2020. The translation was done with the help of artificial intelligence (machine translation by the service DeepL.com) and in a subsequent editing, improved by the author. Springer Nature works continuously to further the development of tools for the production of books and on the related technologies to support the authors.

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Page Count

310

Publisher

Springer Nature

Published Date

ISBN 10

3662647117

ISBN 13

9783662647110

Debt Sustainability

A Global Perspective

By: Ludger Schuknecht

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Debt Sustainability

A Global Perspective

By: Ludger Schuknecht

This study presents the facts, arguments and scenarios around public debt from a global perspective. Especially the largest economies feature record debt and fiscal risks, including from population ageing and financial imbalances. Given low interest rates, there is no imminent problem. But at some point, debt will have to come down. There are four possible scenarios how debt could come down. First, governments could economise and reform. Second, governments could default. Third, governments could erode the real value of debt via inflation and negative real interest rates. However, this scenario cannot continue forever. Policy errors can prompt a loss of confidence, destabilisation and crisis. This fourth scenario last included the largest economies in the 1970s. It would become a major global challenge if it were to happen again in today's interconnected world.

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176

Publisher

Cambridge University Press

Published Date

ISBN 10

1009218492

ISBN 13

9781009218498

Private Finance for Development

Wishful Thinking Or Thinking Out of the Box?

By: Hilary Devine,Adrian Peralta-Alva,Hoda Selim,Luc Eyraud,Preya Sharma,Ludger Wocken

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Private Finance for Development

Wishful Thinking Or Thinking Out of the Box?

By: Hilary Devine,Adrian Peralta-Alva,Hoda Selim,Luc Eyraud,Preya Sharma,Ludger Wocken

The Covid-19 pandemic has aggravated the tension between large development needs in infrastructure and scarce public resources. To alleviate this tension and promote a strong and job-rich recovery from the crisis, Africa needs to mobilize more financing from and to the private sector.

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161

Publisher

International Monetary Fund

Published Date

ISBN 10

1513571567

ISBN 13

9781513571560

Forced Migration

An Integrative Perspective for the 21st Century

By: Ludger Pries,Rafael Bohlen

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Forced Migration

An Integrative Perspective for the 21st Century

By: Ludger Pries,Rafael Bohlen

Building on existing debates in international organizations, policy and academia, this insightful book argues for a broader transnational perspective on the concept of forced migration and its multiple contexts and catalysts. It analyzes the different social groups of forced migrants, treating them neither as passive victims nor as activist heroes, but as social actors under highly constrained conditions.

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Page Count

237

Publisher

Edward Elgar Publishing

Published Date

ISBN 10

1035310317

ISBN 13

9781035310319

Refugees, Civil Society and the State

European Experiences and Global Challenges

By: Ludger Pries

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Refugees, Civil Society and the State

European Experiences and Global Challenges

By: Ludger Pries

Ludger Pries explores the important moral, social and political challenge facing Europe and the international community: the protection of refugees as one of the most vulnerable groups on the planet.

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247

Publisher

Edward Elgar Publishing

Published Date

ISBN 10

1788116534

ISBN 13

9781788116534

Public Spending and the Role of the State

History, Performance, Risk and Remedies

By: Ludger Schuknecht

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Public Spending and the Role of the State

History, Performance, Risk and Remedies

By: Ludger Schuknecht

Up-to-date, holistic and comprehensive discussion of public expenditure, its history, value for money, risks and remedies.

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305

Publisher

Cambridge University Press

Published Date

ISBN 10

1108496237

ISBN 13

9781108496230

Forced Migration in Transit

Migrant Experiences of Organized Violence in Mexico and Turkey

By: Ludger Pries,Stephanie Schütze,Ximena Alba Villalever,Berna Safak Zülfikar Savci

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Forced Migration in Transit

Migrant Experiences of Organized Violence in Mexico and Turkey

By: Ludger Pries,Stephanie Schütze,Ximena Alba Villalever,Berna Safak Zülfikar Savci

This book compares the life courses of forced migrants in two of the world’s most important transit countries: Turkey and Mexico. It examines the local, regional, and global contexts of their experiences, trajectories, and biographical projects, caught between return, stay, and forward movement. Forced migration has increased rapidly around the world in recent years, with Mexico and Turkey experiencing particularly high numbers of migrants, as conflict, violence, authoritarian regimes, environmental disasters, economic instability, lack of opportunity, and generalized violence have driven people to leave their homes in search of a better life. With a special focus on organized violence, this book analyzes the specific impact of organized violence on the trajectories and biographies of forced migrants, situating these life courses in the political, economic, cultural, and social contexts of the countries of origin (Afghanistan, Iraq and Syria; El Salvador, Guatemala, and Honduras) and in the country of transit (Turkey and Mexico). Using extensive original empirical data and analysis, it argues that forced migration is a long-lasting social process based on everyday actions and social practices throughout the migration trajectory. Systematically comparing two of the world’s most important transit countries, this book will be of interest to researchers in the fields of migration, politics, international relations, and sociology.

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Page Count

191

Publisher

Taylor & Francis

Published Date

ISBN 10

104010214X

ISBN 13

9781040102145

The History of Rioja Wine

Tradition and Invention

By: Ludger Mees

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The History of Rioja Wine

Tradition and Invention

By: Ludger Mees

The History of Rioja Wine offers an informative, chronological and in-depth account of Rioja wine from the mid-nineteenth century to the present. This book illuminates the fascinating and largely unknown success story of Rioja wine. Drawing on illustrative sources, the volume traces the economic, social, cultural and political evolution of Rioja wine from the 1850s to the present day, concluding with a reflection on the lesson its appealing success story offers to any lover of history and wine. The book is adorned with historical photographs throughout, the majority previously unpublished. An ideal companion both for students interested in Spanish history and wine enthusiasts more generally, this volume offers readers the opportunity to uncork the secrets of Rioja’s wine.

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228

Publisher

Taylor & Francis

Published Date

ISBN 10

1000625176

ISBN 13

9781000625172

The Basque Contention

Ethnicity, Politics, Violence

By: Ludger Mees

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The Basque Contention

Ethnicity, Politics, Violence

By: Ludger Mees

To the outside world, for some half a century, the words ‘Basque Country’ have provoked an almost instant association with the Euskadi Ta Askatasuna (ETA, Basque Homeland and Liberty) separatist group and violent conflict. The Basque Contention: Ethnicity, Politics, Violence attempts to undo this simplistic correlation and, for the first time, provide a definitive history of the wider political issues at the heart of the Basque Country. Drawing on three decades of research on Basque nationalism, Ludger Mees weaves together the various historical and contemporary strands of this contention: from the late medieval kingdoms of Spain and France and the first articulations of a Basque ethno-particularism, to the dissolution of ETA in 2018, and all manner of dictatorships, conflict, peace, civil war, political intrigue, hope and failure in-between. For anyone who has ever wanted to gain an insight into the Basque Country beyond the headlines of ETA and grasp the complexity of its relationship with Spain, France and indeed itself, this volume provides a detailed, yet digestible, basis for such an understanding.

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Page Count

252

Publisher

Routledge

Published Date

ISBN 10

0429557655

ISBN 13

9780429557651

Introduction to Credit Risk Modeling

By: Christian Bluhm,Ludger Overbeck,Christoph Wagner

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Introduction to Credit Risk Modeling

By: Christian Bluhm,Ludger Overbeck,Christoph Wagner

Contains Nearly 100 Pages of New MaterialThe recent financial crisis has shown that credit risk in particular and finance in general remain important fields for the application of mathematical concepts to real-life situations. While continuing to focus on common mathematical approaches to model credit portfolios, Introduction to Credit Risk Modelin

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386

Publisher

CRC Press

Published Date

ISBN 10

1584889934

ISBN 13

9781584889939

The Knowledge Capital of Nations

Education and the Economics of Growth

By: Eric A. Hanushek,Ludger Woessmann

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The Knowledge Capital of Nations

Education and the Economics of Growth

By: Eric A. Hanushek,Ludger Woessmann

A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population—which they term the “knowledge capital” of a nation—are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the “Latin American growth puzzle” and the “East Asian miracle” can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance.

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Page Count

275

Publisher

MIT Press

Published Date

ISBN 10

0262029170

ISBN 13

9780262029179

Region-building

Vol. I: The Global Proliferation of Regional Integration

By: Ludger Kühnhardt

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Region-building

Vol. I: The Global Proliferation of Regional Integration

By: Ludger Kühnhardt

After two centuries of nation-building, the world has entered an era of region-building in search of political stability, cultural cohesion, and socio-economic development. Nations involved in the regional structures and integration schemes that are emerging in most regions of the world are deepening their ambitions, with Europe’s integration experience often used as an experimental template or theoretical model. Volume I provides a political-analytical framework for recognizing the central role of the European Union not only as a conceptual model but also a normative engine in the global proliferation of regional integration. It also gives a comprehensive treatment of the focus, motives, and objectives of non-European integration efforts. Volume II offers a unique collection of documents that give the best available overview of the legal and political evolution of region-building based on official documents and stated objectives of the relevant regional groupings across all continents. Together, these volumes are important contributions for understanding the evolution of global affairs in an age when power shifts provide new challenges and opportunities for transatlantic partners and the world community.

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507

Publisher

Berghahn Books

Published Date

ISBN 10

1845458389

ISBN 13

9781845458386

Public Spending in the 20th Century

A Global Perspective

By: Vito Tanzi,Ludger Schuknecht

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Public Spending in the 20th Century

A Global Perspective

By: Vito Tanzi,Ludger Schuknecht

After a detailed account of reform experiences in several countries and the public debate regarding government reform, the study closes with an outlook on the future role of the state, a period when globalization may require and people may want "leaner" but not "meaner" states."--Jacket.

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Page Count

316

Publisher

Cambridge University Press

Published Date

ISBN 10

0521664101

ISBN 13

9780521664103

A Genius Planet

Energy: From Scarcity to Abundance – a Radical Pathway

By: Ludger Hovestadt,Vera Bühlmann,Sebastian Michael

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A Genius Planet

Energy: From Scarcity to Abundance – a Radical Pathway

By: Ludger Hovestadt,Vera Bühlmann,Sebastian Michael

Imagine a world where the power is always on, where there is not just enough energy, but an abundance of it. Such a world is no Utopia, it is a possible reality. Using indefinitely available sources of energy – especially photovoltaic solar, in combination with others – and networking this energy, much in the way that we have networked information, we can get beyond our current energy ‘crisis’ and resolve it. The world we then find ourselves in is not a world without problems – we will face new challenges on the way – but in terms of energy it is a world of plenty. Rooted in sound theory and based on technology that is available now, A Genius Planet offers an accessible but detailed and insightful perspective on how we can free ourselves from our dependency on natural resources and generate, trade, and use energy in ways that open up the genuine potential that we have at our disposal today.

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Page Count

264

Publisher

Birkhäuser

Published Date

ISBN 10

3035614210

ISBN 13

9783035614213

Distributed Event-Based Systems

By: Gero Mühl,Ludger Fiege,Peter Pietzuch

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Distributed Event-Based Systems

By: Gero Mühl,Ludger Fiege,Peter Pietzuch

This book provides an in-depth description of event-based systems, covering topics ranging from local event matching and distributed event forwarding algorithms, through a practical discussion of software engineering issues raised by the event-based style, to state-of-the-art research in event-based systems like composite event detection and security. The authors offer a comprehensive overview, and show the power of event-based architectures in modern system design, encouraging professionals to exploit this technique in next generation large-scale distributed applications like information dissemination, network monitoring, enterprise application integration, or mobile systems.

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Page Count

396

Publisher

Springer Science & Business Media

Published Date

ISBN 10

3540326537

ISBN 13

9783540326533

Political Business Cycles and Expenditure Policies in Developing Countries

By: Ludger Schuknecht

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Political Business Cycles and Expenditure Policies in Developing Countries

By: Ludger Schuknecht

The paper studies empirically fiscal policies around elections in 35 developing countries. It finds that governments try to improve their reelection prospects with the help of expansionary expenditure policies. Rising fiscal deficits before elections are followed by fiscal consolidation afterwards. These cycles can be found particularly in countries which are less trade-oriented or which pursue fixed exchange rate policies. Certain IMF-supported programs (SAF/ESAF and EFF arrangements) contribute to fiscal stabilization, but they do not appear to affect the incidence of fiscal cycles. The paper concludes that policy advice and macroeconomic projections should not overlook election constraints, and political feasibility of reforms should be strengthened particularly before elections.

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Publisher

International Monetary Fund

Published Date

ISBN 10

1451854315

ISBN 13

9781451854312

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