Finance

2 Property, Institutions, and Social Stratification in Africa

Franklin Obeng-Odoom | University of Helsinki Inequality and poverty in Africa is typically explained as a function of the lack of human capital, the lack of physical capital, and natural capital problems. The book explores and challenges this convention while offering alternative frames to explain persistent poverty across the continent. • Provides a comprehensive analysis of Africa’s development and underdevelopment • Centers African-developed economics in discussions about representation, providing a powerful tool for increasing visibility and public support for African development • Uses extensive research on Africa and the Global South to create intellectual resources for teaching about and conducting research on these two regions

Cambridge Studies in Stratification Economics: Economics and Social Identity

376pp 3. 2020 9781108491990 Hardback GBP 85 / USD 110 eISBN 9781108590372

Puzzle and Paradox

A Political Economy of Madagascar Mireille Razafindrakoto Puzzle and Paradox analyses the economic and political history of Madagascar from independence to the early twenty-first century. Firmly grounded in economic and socio analysis, the study proposes an interpretive framework for Madagascar’s long-term trajectory by tracing the defining elements that have structured the country’s political economy. • Connects economic and political history through the synthesis of different sources of knowledge on Malagasy economy and society since colonial times • Embraces a data-drive approach to the sociopolitical history of the island and complements it with a generous supply of visualized data • Takes stock of assets and obstacles using uncomplicated explanations and specific evidence in order to make the socioeconomic approach to understanding Madagascar accessible without forgoing accuracy

302pp 2. 2020 9781108488334 Hardback GBP 85 / USD 110 eISBN 9781108770231

Reform and the Structure of the Indian Economy

Output-Value Added Symbiosis Madhusudan Datta As the growth rate of the economy accelerated, economists observed that growth of value added came mostly from the service sector. Can the service sector maintain the momentum if manufacturing fails to get charged up in spite of all reforms aimed at this objective? The book studies this question in depth. • Offers specialised material on input output tables and national account statistics • Develops the important methodological aspect of measurement of sectoral contributions to overall growth in GDP • Examines the hypothesis of Baumol’s disease in the Indian context

220pp 9. 2020 9781108496377 Hardback GBP 85 / USD 110 eISBN 9781108867023

Rethinking Markets in Modern India

Embedded Exchange and Contested Jurisdiction Ajay Gandhi | Universiteit Leiden This book provides a valuable non-western perspective on global capitalism. Based on rich historical and ethnographic studies, it shows the actual workings of Indian markets. It demonstrates their dynamic and contested nature, offering a useful framework for understanding commercial exchange throughout the global south. • This volume proposes a fresh approach to the study of social embeddedness in economic activity, stressing the importance of market pliability and contested jurisdiction in the unfolding of everyday commerce • Established scholars of modern South Asia put forward a multidimensional historical and contemporary approach to socio-economic relations in the region, which enriches an understanding of the unfolding of Indian capitalism • Contributors provide an innovative set of conceptual rubrics that not only deepen the understanding of Indian markets, but prompt scholars of western commerce to revisit their own approaches, and aid the understanding of market exchange elsewhere in the global south

300pp 10. 2020 9781108486781 Hardback GBP 85 / USD 110 eISBN 9781108762533

The Cambridge Handbook of the Capability Approach

Enrica Chiappero-Martinetti This landmark handbook collects in a single volume the current state of cutting-edge research on the capability approach. It includes a comprehensive introduction to the approach as well as new research from the leading scholars in this multi-disciplinary field, including the pioneers of capability research, Martha C. Nussbaum and Amartya Sen. • Brings together in a single volume most of the diverse areas/strands of research within the large field of capability research • Provides surveys of specific sub-fields and offers new contributions that extend the existing literature in important ways • Includes contributions by leading scholars working on the Capability

Approach, including the pioneers of the field, Martha C. Nussbaum and

Amartya Sen

750pp 11. 2020 9781107115286 Hardback GBP 125 / USD 160 eISBN 9781316335741

The Israeli Economy, 1995–2017

Light and Shadow in a Market Economy Avi Ben-Bassat | Hebrew University of Jerusalem The book offers a comprehensive, authoritative and up-to-date perspective on the development of the Israeli economy since the mid-1990s, highlighting the achievements and challenges associated with the transition to a market economy . The intended audience includes academics, researchers, policymakers, students, and curious lay-people alike. • Provides a comprehensive and up-to-date discussion, written by leading scholars in these fields • Implements non-specialist language to engage a wider audience, such as non-academics and advanced undergraduate students • Most chapters contain an analytical section to provide an empirical investigation of specific questions, facilitating a deeper understanding of major developments

600pp 12. 2020 9781108830461 Hardback GBP 99.99 / USD 130 12. 2020 9781108820851 Paperback GBP 39.99 / USD 49.99 eISBN 9781108907620