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Consuming Symbolic Goods: Identity and Commitment, Values and Economics
Par Wilfred Dolfsma. 2008
The phenomenon of consumption has increasingly drawn attention from economists. While the ‘sole purpose of production is consumption’, as Adam…
Smith has claimed, economists have up to recently generally ignored the topic. This book brings together a range of different perspectives on the topic of consumption that will finally shed the necessary light on a largely neglected theme, such as Why is the consumption of symbolic goods different than that of goods that are not constitutive of individuals’ identity? How does the consumption of symbolic goods affect social processes and economic phenomena? Will taking consumption (of symbolic goods) seriously impact economics itself? The book discusses these issues theoretically, and, through analyses of such cases as food, religion, fashion, empirically as well. It also discusses the possible role in the future of consumption.This book was previously published as a special issue of Review of Social EconomyClassic Papers in Natural Resource Economics Revisited
Par Chennat Gopalakrishnan. 2016
Classic Papers in Natural Resource Economics Revisited is the first attempt to bring together a selection of classic papers in…
natural resource economics, alongside reflections by highly regarded professionals about how these papers have impacted the field. The seven papers included in this volume are grouped into five sections, representing the five core areas in natural resource economics: the intertemporal problem; externalities and market failure; property rights, institutions and public choice; the economics of exhaustible resources; and the economics of renewable resources.The seven papers are written by distinguished economists, five of them Nobelists. The papers, originally published between 1960 and 2000, addressed key issues in resource production, pricing, consumption, planning, management and policy. The original insights, fresh perspectives and bold vision embodied in these papers had a profound influence on the readership and they became classics in the field. This is the first attempt to publish original commentaries from a diverse group of scholars to identify, probe and analyse the ways in which these papers have impacted and shaped the discourse in natural resource economics. Although directed primarily at an academic audience, this book should also be of great appeal to researchers, policy analysts, and natural resource professionals, in general.This book was published as a series of symposia in the Journal of Natural Resources Policy Research.Strategic Alliances: Leveraging Economic Growth and Development
Par Albert N. Link and Cristiano Antonelli. 2016
Strategic alliances have generally been used to refer to relationships that allow an organization to access the strengths and capabilities…
of other organizations, with the organization often focused on being the firm. The strategy behind such an alliance is for each firm in the alliance to draw on the core competencies of the other firm(s) with the goal of facilitating the growth and development of each member. Strategic alliances have long been studied from several perspectives, including the way in which the alliance is brought about, alternative forms of relationships that form the structure of the alliance, efficiency gains from the alliance, and the life cycle of the alliance. The strategic alliances that are now being observed are those that involve partners other than firms. In many advanced nations, strategic alliances are subsidized by the public sector in the belief that they advance economic growth. One such form of this public/private partnership involves universities as the public partner; another form involves a government agency as the public partner; and a third form involves both.This book transcends the traditional approach to a strategic alliance. As such, this collection might represent the locus of observational points that make up a new frontier, re-defining the scope of research that falls under the rubric of ‘strategic alliances’. This book was originally published as a special issue of Economics of Innovation and New Technology.The Structure and Operation of Modern Economies (Routledge Frontiers of Political Economy)
Par Alessandro Romagnoli. 2024
Argues that since modern economies are collections of networks, relations and social realms, the most appropriate methodology to study them…
is system analysis. Presents an in-depth examination of the development, features and problems of modern economies through the lens of systems analysis.Informal Sector Innovations: Insights from the Global South
Par Mammo Muchie, Saradindu Bhaduri, Angathevar Baskaran and Fayaz Ahmad Sheikh. 2016
It is well documented that the space of informal economic activity is rising across the globe. This rise has been…
particularly significant in the least developed and developing countries, especially after the onset of neo-liberal policies and withdrawal of welfare state. There has also been a shift in academic thinking on informal sector, with attempts being made to understand the contribution of informal sector in generating employment and economic growth rather than focusing solely on exploitative labour conditions in these economic activities. Indeed, with the retreat of welfare state and the introduction of contract labour in the formal sector, many issues related to occupational hazards and improper labour conditions do not remain unique to the informal sectors of the economy, particularly in less developed countries.This volume addresses a specific concern: the issue of knowledge generation and innovative activities, which lies at the core of sustained competitive advantage of these activities. The chapters in this book were originally published in the African Journal of Science Technology Innovation and Development.The MDGs, Capabilities and Human Rights: The power of numbers to shape agendas
Par Sakiko Fukuda-Parr and Alicia Ely Yamin. 2015
Heralded as opening a new chapter in international development, the Millennium Development Goals (MDGs) have led to the use of…
global goals and quantitative targets as a central instrument for defining global priorities. This book explores the implications of this new approach. How does target setting influence policy priorities of national governments, bilateral donors, multilateral agencies, NGOs, and other stakeholders? What are the intended and unintended consequences? Why is the use of numeric indicators effective? How does quantification reshape meanings of challenges such as women’s empowerment? Building on 11 case studies and a conceptual framework, this book provides a goal-by-goal analysis by leading specialists in the relevant fields. These specialists analyse the choices made, as well as the empirical and normative effects of the MDGs to offer insights for a more rigorous use of indicators and cautions on their limitations and perverse consequences. This book was originally published as a special issue of the Journal of Human Development and Capabilities.Economic Crises and Global Politics in the 20th Century
Par Alexander Nützenadel, Cornelius Torp. 2014
This book analyses the history of economic crises from the angle of international politics and its transformation throughout the 20th…
century. While political and economic debates in the wake of the present financial crisis are revolving around the question of how to create effective forms of global governance, historians have discovered a long tradition of international economic regulation that can be traced back to the late 19th century. In the global economy, sovereign defaults, banking crises and currency crashes have been recurrent phenomena. At the same time, alongside the growing globalization of commodity and capital markets, nation-states have introduced new forms of regulation both on the national and international level. The experience of economic crises has been an important driver behind numerous initiatives to foster global politics.The purpose of the book is to reconnect economic history with the perspectives of political economy and the history of international relations. It forms a dialogue between the disciplines that have been increasingly separated throughout the past decades. With first-rate economic historians and political economists writing for a wider audience, it simultaneously makes public debates and methods of recent cutting-edge research in economic history within a wider academic community. This book was originally published as a special issue of the European Review of History.Poverty, Income and Social Protection: International Policy Perspectives
Par Richard Hoefer, James Midgley. 2013
This book provides insights into the way social protection policy is being redefined as a result of the new commitment…
by governments around the world to use these programs to reduce poverty. The case studies presented show how innovations in social protection have emerged in different countries. They also discuss various aspects of social protection that will be of interest to readers. While some of the case studies are primarily descriptive and seek to document recent trends in different countries, they also address important social policy issues. Others are particularly topical because they provide useful updates on recent social protection innovations. Countries discussed include Brazil, Britain, Chile, China, Indonesia, South Africa, and the United States. This book was originally published as a special issue of the Journal of Policy Practice.Rural Wealth Creation as a Sustainable Economic Development Strategy
Par Shanna Ratner and Deborah Markley. 2016
Many rural areas in the United States find themselves struggling to build local assets and create wealth, and, when this…
wealth is created, they often struggle to hold on it. Previous approaches to community and economic development have been inadequate in attempting to reverse these trends. Shifting to a new way of enabling economic development requires supporting innovative community leaders as they explore new ways of approaching the task at hand. It also requires thinking anew about the role of rural areas, based on valuing multiple forms of wealth – natural, social, and human. There is a real need for an approach that can help stem the potential loss of existing wealth, and attract new investment that will allow rural areas to become valued partners in regional economies. This book provides an important insight into rural wealth creation as a sustainable economic development strategy. At the same time, a number of compelling issues are raised that merit future research effort and discussion. This book was originally published as a special issue of Community Development.Essentials of Economics
Par Stanley L. Brue, Campbell R. McConnell, Sean Masaki Flynn. 2023
Brue Essentials of Economics, 5th Edition, provides a fresh alternative to the survey course that is both substantive and appropriate…
for the introductory economics student. Essentials of Economics provides the best elements of McConnell/Brue/Flynn Economics 22nd edition with unique content designed to help students understand and engage with the material in one semester. Brue helps students master the principles essential for understanding the economic problem, specific economic issues, and policy alternatives. It helps students understand and apply the economic perspective and reason accurately and objectively about economic matters. Finally, Brue promotes a lasting student interest in economics and the economy.Affective Economies, Neoliberalism, and Governmentality
Par Anne-Marie D’Aoust. 2015
Advanced capitalism is characterized by a level of symbolic production that not only results in a dematerialization of labor, but…
also increasingly relies on highly emotional components, ranging from consumption desire to workforce management. Feelings as varied as love, anger, and desire are integral to neoliberal processes, though not in unproblematic and monolithic ways. Whereas some accounts decry capitalism’s hold on the emotional realm, as the commodified search for soul mates through online dating sites or Starbucks’ promotion of fair-trade coffee suggest, others counter that emotions represent a privileged site of resistance to market rationality. Relying on different case studies ranging from drone strikes, the 2008 economic crisis in Ireland, and marriage migration management, this volume builds on this productive tension between subjection and resistance through the lenses of the concept of governmentality. Developed by Michel Foucault, governmentality sheds light on the ways in which economic and political life are now being managed through logics of security and economic calculations. This volume explores how individuals might become emotionally attached to regimes of power that are detrimental to them, how neoliberal processes are concomitant with the valorization of certain emotional dispositions, and how affective economies might provide a site of resistance. This book was published as a special issue of Global Society.Regime Changes and Socio-economic History of Rural Myanmar, 1986-2019 (Studies in Economic History)
Par Akio Takahashi. 2023
This is the first book to depict the transformation and steadiness of Myanmar’s rural socio-economy from within the villages based…
on my own detailed research, in relation with the regime changes from Burmese Way to Socialism to military junta and to democratization from 1986 to 2019.The main subject of the transformation is “de-agrarianisation” including land use and holdings, household incomes, non-, migrations, power structure, village landscape, etc. And the principal theme of the steadiness is the “absence of village collective” which is the core of rural Myanmar, in contrast to village communities like Japan. This is the reason why Myanmar villagers have lived surprisingly bright, free and independent despite the oppressive political economy under the socialism and the military junta, and have not collectively participated in so-called community development.This book is the result of research conducted by visiting more than 200 villages and interviewing more than 10,000 people by myself in Myanmar language.American Monetary Policy Adjustment and Its Impacts
Par Liu Weiping. 2023
This book reviews the historical evolution of U.S. monetary policy, and then uses various methods such as mathematical models and…
econometric analysis to study the impact of U.S. monetary policy adjustments on the domestic economy and the spillover effects on the world economy. Finally, it summarizes the challenges faced by the Chinese economy in the post financial crisis era and proposes relevant countermeasures and suggestions for China to respond to U.S. monetary policy adjustments.Backfire: How Sanctions Reshape the World Against U.S. Interests (Center on Global Energy Policy Series)
Par Agathe Demarais. 2022
Sanctions have become the go-to foreign policy tool for the United States. Coercive economic measures such as trade tariffs, financial…
penalties, and export controls affect large numbers of companies and states across the globe. Some of these penalties target nonstate actors, such as Colombian drug cartels and Islamist terror groups; others apply to entire countries, including North Korea, Iran, and Russia. U.S. policy makers see sanctions as a low-cost tactic, but in reality these measures often fail to achieve their intended goals—and their potent side effects can even harm American interests.Backfire explores the surprising ways sanctions affect multinational companies, governments, and ultimately millions of people around the world. Drawing on interviews with experts, policy makers, and people in sanctioned countries, Agathe Demarais examines the unintended consequences of the use of sanctions as a diplomatic weapon. The proliferation of sanctions spurs efforts to evade them, as states and firms seek ways to circumvent U.S. penalties. This is only part of the story. Sanctions also reshape relations between countries, pushing governments that are at odds with the U.S. closer to each other—or, increasingly, to Russia and China.Full of counterintuitive insights spanning a wide range of topics, from Russia’s invasion of Ukraine to Iran’s COVID response and China’s cryptocurrency ambitions, Backfire reveals how sanctions are transforming geopolitics and the global economy—as well as diminishing U.S. influence. This insider’s account is an eye-opening, accessible, and timely book that sheds light on the future of sanctions in an increasingly multipolar world.Contemporary Issues in Financial Institutions and Markets: Volume III
Par Barbara Casu, Daniela Fabbri and John O.S. Wilson. 2017
The aim of this book is to bring academic work on contemporary issues in financial institutions and markets. The general…
theme is designed to allow for a wide range of topics covering the diverse nature of academic research in banking and finance. As a consequence the contributions cover a wide range of issues across a broad spectrum, including: bank business models, bank competition and stability, credit card pricing and risk; bank supervision; and international investments. This book was originally published as a special issue of The European Journal of Finance.Taken for a Ride: Cars, Crisis, And A Company Once Called
Par Bill Vlasic, Bradley A. Stertz. 2001
In May 1998, a stunning $36 billion merger was announced by Chrysler, the all-American automaker, and Daimler-Benz, the German manufacturer…
of Mercedes-Benz luxury sedans. This corporate marriage promised to rock the global auto industry, but when the dust settled, Daimler had bought Chrysler, and an American icon had lost its independence. Taken for a Ride follows the twists and turns on the road to DaimlerChrysler and is a cautionary tale of the risks and rewards of going global. “A book in the manner of Barbarians at the Gate-a spellbinding tale, juicy gossip and all, of how business is really done among the world’s top companies…full of fresh facts and insights on one of the most heavily covered business stories of the 1990s…it is as fun to read as it is informative.”-New York Times Book ReviewLarge-Scale Development of Renewables in the ASEAN: Economics, Technology and Policy (Economics, Law, and Institutions in Asia Pacific)
Par Han Phoumin, Rabindra Nepal, Fukunari Kimura, Farhad Taghizadeh-Hesary. 2024
This book combines the fundamentals of economics, technology, and policy in deriving feasible solutions to facilitate the large-scale development of…
renewables in the ASEAN. A unique feature of this book is documenting that achieving large-scale renewables deployment inevitably requires combining these three distinct but interrelated forces of economics, technology, and policy. The economic foundations are guided by the microeconomic foundations grounded on economic efficiency and the associated market designs to deliver short-run economic efficiency including the application of auction designs and cost-benefit analysis. The role of battery technology and utility-scale batteries as enabling technologies for large-scale deployment of renewable energy is evidenced through energy modeling techniques. This book also pays particular emphasis on identifying key policy barriers of large-scale renewable development and pathways to overcome them such as the importance of carbon pricing in ASEAN countries and cross-border electricity trade to improve energy security by achieving clean energy targets. Country-specific case studies and regional case studies are used to study the economic, technological, and policy facets of large-scale renewable development with a view to derive policy lessons and recommendations in decarbonizing economic regions such as the ASEAN. The case studies are carefully selected and supported by rigorous data analysis and modeling as appropriate. This book on energy economics and policy is highly recommended to readers who seek an in-depth and robust overview on the recent empirical evidences of facilitating the large-scale development of renewables with a particular reference to the ASEAN and Asian economies including India and China.This book provides an insightful guide to the economic challenges currently defining Europe. With a particular focus on the Czech…
economy, it examines the impact of rampant inflation, the war in Ukraine, and the energy crisis and evaluates the social impacts of them. Through an empirical analysis, the asymmetric effects of these shocks are highlighted in relation to different social groups. Furthermore, it engages with related issues such as migration and integration policies, the evolution of the labour market, disparities in inflation’s impact, and household energy expenditure. This book presents a practical policy framework for addressing inflation, the impact of the Ukraine conflict, and the energy crisis. It will be relevant to scholars, researchers, and policymakers interested in the political economy, labour economics, and economic policy in general.Absolute Essentials of Ethereum (Absolute Essentials of Business and Economics)
Par Paul Dylan-Ennis. 2024
Absolute Essentials of Ethereum is a concise textbook which guides the reader through the fascinating world of the emerging Ethereum…
ecosystem, from the basics of how its blockchain works to cutting-edge applications.Written by an experienced educator, each chapter is designed to progress potential students from class to class. Technical concepts are clearly explained for those new to the topic and readers are supported with definitions and summaries in each chapter. Real-life case studies situate the overviews in a contemporary context. Topics covered include the Ethereum Execution and Consensus layers, Ethereum governance and community, Decentralised Autonomous Organisations (DAOs), Decentralised Finance (DeFi), Non-Fungible Tokens (NFTs) and Layer 2.This book is the ideal text to support undergraduate and postgraduate courses on blockchain technologies, cryptocurrencies, Web3 and fintech, as well as for those who want to know how Ethereum really works.The Power of Nothing to Lose: The Hail Mary Effect in Politics, War, and Business
Par William L. Silber. 2021
"Silber is a charming narrator, and the stories in this book range from the Montgomery bus boycott to the mating…
habits of spiders to the sinking of the Lusitania. The insight linking these episodes is both simple and profound: when people (or spiders) have nothing to lose, caution deserts them. Refugees seeking asylum, presidents facing term limits, patients with terminal illnesses, Adolf Hitler in December 1944: all illustrate how desperate people will rationally gamble for redemption. Read Silber for the pleasure of his prose. But also read him for his wisdom." — Sebastian Mallaby, Senior Fellow at the Council on Foreign Relations, and author of More Money Than God: Hedge Funds and the Making of a New Elite"Silber has a great eye for forces that have driven important decisions in history. This book weaves together gripping accounts of risky behavior by politicians, generals, and business leaders, and how they impacted society in surprising ways. I couldn't put this book down." — Thomas J. Sargent, Nobel Laureate in Economics“Silber uses specific examples of how ‘the power of nothing to lose’ has benefited many people who have changed the course of history, from Rosa Parks to star athletes such as Venus Williams.” — Sofia Pitt, CNBC"A brisk look at times when it pays off to take a chance." — Kirkus Reviews"'As Bill Silber shows in this enthralling and entertaining book--which I devoured in a single sitting--all kinds of people through history have acted recklessly in the belief that they had nothing to lose, from second-term presidents pardoning crooked cronies to quarter-backs throwing Hail Mary passes. One of the world's most brilliant teachers of finance, Bill Silber knows that the best way to teach the tricky math of options-pricing is to wrap it in good yarns from sports, politics and history. The Power of Nothing to Lose brings together some of his best stories--and kindly omits the math." — Niall Ferguson, Milbank Family Senior Fellow, the Hoover Institution, and author of The Ascent of Money"What do Rosa Parks, Mohamed Atta, Aaron Rodgers, George Washington,and Adolf Hitler, have in common...Silber has the answer." — Keen On Podcast"Fascinating." — Tobias Carlisle, The Acquirers Podcast "[William L. Silber's] comments are pertinent in the present day of cryptocurrencies, the ‘retailization’ of options trading, NFTs, and meme stocks, among others." — The Contrarian Investor Podcast