This book examines the law, national and/or international, that arbitral tribunals apply on the merits to settle disputes between foreign investors and host states. In light of the freedom that the disputing parties and the arbitrators have when designating the applicable law, and because of the hybrid nature of legal relationship between investors and states, there is significant interplay bet…
Jan Hauke Holste analyzes how a company can innovate and change its business model to the degree that it can climb up the value chain. His research synthesizes a combination of the global value chain and the business model literature to create a new framework of local firm upgrading. The findings of an empirical test of the model indicate that local firms are more than just a link within a glob…
This book is a major work that focuses exclusively on ship finance and includes contributions on the increasingly complex field of ship finance, which has over the last two decades become a key aspect in the world of shipping and ship owning. The book offers an enlightening mix of theoretical analysis and well-founded practical insights into the daily markets. Given that ship finance continues …
This book explores the wave of liberalization reforms experienced by OECD network industries. Focusing on the telecommunications sector, the authors analyze the latest data available on liberalization and privatization, and following a political economics approach, they integrate standard economic analysis with the most recent studies of the political determinants of market-oriented policies. T…
This book discusses liberal arts education and liberal arts colleges in the context of East Asia, specifically focusing on Japan, China and S. Korea where it has become an emerging issue in higher education in recent years. It first explores the development, concepts and challenges of liberal arts education and liberal arts colleges in East Asia. It then delineates the implications of the best …
This book analyses and describes the effects of the reforms of the European science systems on research. Taking the multilevel governance of the science system into account, the authors describe the effects of the reforms on different aspects: research collaborations and research lines, PhD education, performance profiles, research funding and legal aspects. The first part of the book deals wit…
This volume presents contributions that analyse the extraordinary impact of digital technology on business, services, and the production of value in many sectors of the economy. At the heart of this book is the fact that the entire digital economy is now worth almost 6% of global GDP, and it continues to grow at an unprecedented rate. The volume covers the general debate on taxation and the dig…
How do applications affect behavior? Experimental Economics Volume II seeks to answer these questions by examining the auction mechanism, imperfect competition and incentives to understand financial crises, political preferences and elections, and more.
This book highlights the experiences of international leaders in liberal arts and science education from around the world as they discuss regional trends and models, with a specific focus on developments in and cooperation with China. Focusing on why this model responds to the twenty-first century requirements for excellence and relevance in undergraduate education, contributors examine if it c…
This book presents the theoretical-historical-comparative political framework needed to fully grasp the truly dynamic nature of 21st century global affairs. The author provides a realistic assessment of the shift from U.S predominance to a new mix of counterbalancing rival middle-tier and assertive regional powers, while highlighting those geopolitical zones of contention most critical for futu…