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"This book explores the links between different corporate governance systems and their impact on economic development. It focuses on how institutional reforms, legislative changes and codified measures have influenced performance at the firm and country level. Drawing on detailed cases from the UK, USA, China, India, Poland, Brazil, Russia and South Africa, this book takes a truly international and comparative approach to understanding the relationship between regulatory frameworks and economic development. This will be a valuable text for students and researchers of economic development, corporate governance, international political economy, and economic and business history"--

The multilateral trade system has been in trouble for over a decade. The set of international trade agreements managed by the World Trade Organization (WTO) has never meaningfully expanded beyond its 1990s founding package. Instead, since early 2000s bilateral trade deals done outside the WTO have multiplied. The WTO is better known today for the troubled trajectory of the unfinished Doha Round. The rhetoric of economic nationalism by the current US Administration does not help. It is time to consider new creative options before the world trading system becomes irreparably fragmented by politics. To this extent the following article advocates an initiative of creating an open plurilateral agreement on services related to energy sector under the framework of the WTO's GATS (General Agreement on Trade in Services). Energy security remains the key international issue. Initiating talks among interested countries on energy related services under GATS can move the WTO forward towards pragmatic solutions and encourage international cooperation on the critical economic matter.

One of the major characteristics of the emerging international economic order is the treatment of intellectual property rights (iprs). Developing country Members are very concerned about the impact that the World Trade Organization (wto) Agreement on Trade-Related Aspects of Intellectual Property Rights (trips) will have on their economies. Of particular concern are those aspects of the Agreement that relate to the issue of access to new pharmaceutical inventions. trips emphasizes a property rights approach whereby private "owners" of the inventions can restrict access on the basis of commercial considerations. As a consequence, higher prices for pharmaceuticals and other healthcare inventions can prevent low-income consumers in developing countries from obtaining life-saving medications and equipment. It is true, of course, that exploitative business practices are possible only to the extent that monopoly positions are tolerated. Many developing countries, however, lack the necessary financial resources and have not yet developed appropriate competition rules to deal effectively with the challenges presented by the trips Agreement.