This book explores how persistent states of underdevelopment occur in strategic environments in which players are imitative rather than fully rational. It explains this form of coordination failure as a contest between competing economic agents.
Applied Social Sciences
An interdisciplinary collection of studies tackling key economic and political challenges, from public finance to cultural heritage. Bridging theory and practice, it offers vital insights for professionals and interested readers alike.
Advances in Monetary Policy Design
Simple-sum monetary indexes can be misleading. This book outlines the methods for constructing superior Divisia indexes, designed to accurately measure liquidity. It is the first to publish Divisia-based money supply indexes for the GCC countries.