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INSTITUTIONS, INSTITUTIONAL CHANGE, AND ECONOMIC PERFORMANCE by Douglass C. North
"An outstanding exposition of how and why "institutions" impact economic performance. North takes an expansive view of institutions and explains many puzzles that traditional economic theory cannot."
GOVERNING THE COMMONS by Elinor Ostrom
"A very thorough book on how and under what conditions communities can organize to manage their common environmental resources. Drawing insights from game theory, this empirically rich book argues that reliance on governments and/or markets may not always be the best option to solve collective problems."
MANAGERIAL DILEMMAS by Gary J. Miller
"Drawing insights from organizational theory and organizational economics, Miller demonstrates that simplistic efficiency-based arguments cannot explain key propositions of organizational theory literature."
NATIONAL DIVERSITY AND GLOBAL CAPITALISM Suzanne Berger and Ronald Dore, eds.
"An excellent compendium of articles on whether economic globalization will cause national systems of governance to converge to a single model. Theoretically insightful and empirically rich."
GLOBAL BUSINESS REGULATION by John Braithwaite and Peter Drahos
"A magisterial work examining how and why business regulation has shifted from national to global institutions."
THE GREAT TRANSFORMATION by Karl Polanyi
"An engaging analysis of social implications of the transition to market-based economic system in the 19th century. It has very interesting insights to understand the current debates on globalization."
DEMOCRACY IN AMERICA by Alexis De Tocqueville
"A fabulous commentary on the American system of governance that existed in the 19th century. Has many important insights to understand how and why many contemporary American governance institutions evolved and function."
THE NEW INDUSTRIAL STATE by John K. Galbraith
"An insightful analysis of the socio-economic implications of the rise of the big corporation and the managerial class."
Aseem Prakash is Assistant Professor of Strategic Management and Public Policy at the School of Business and Public Management, The George Washington University. He also serves on the faculty of the Department of Political Science and The Elliott School of International Affairs. Professor Prakash received a Joint Ph.D. from the Department of Political Science and the School of Public and Environmental Affairs (SPEA), Indiana University, Bloomington. Prior to his Ph.D., he completed his MBA from the Indian Institute of Management, Ahmedabad, and then worked as a manager in the marketing department of Procter and Gamble for three years.
Professor Prakash's research examines governance issues at
the interface of business strategy and public policy in two relate areas. The first component focuses on environmental policy and management issues such as conditions under which firms adopt "beyond compliance" policies, and the impact of public law and institutions on the evolution and efficacy of voluntary codes-of-conduct. His book, Greening the Firm: The Politics of Corporate Environmentalism (Cambridge
University Press, 2000), examines this subject. It focuses on ten cases of "beyond compliance" environmental policymaking within two multinational corporations -- Baxter International Inc. and Eli Lilly and Company.
The second component of Professor Prakash's research examines
the changing nature of international political economy of which economic globalization is both a cause and a consequence. This research focuses on five key questions: is economic globalization a fad, how best to conceptualize it, how did it originate, and what may be its implications, and how to cope with globalization? To systematically examine these
questions, Professor Prakash has recently co-edited three
volumes: (1) Globalization and Governance (Routledge, 1999) focuses on how economic globalization impacts extant governance institutions at multiple levels of aggregation; (2) Coping with Globalization (Routledge, 2000) seeks to understand how governments and firms can cope with
globalization across issue areas; and (3) Responding to Globalization (Routledge, 2000) examines how different countries have responded to the challenges of increasing levels of global economic integration.