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Macro-economic Policy: A Comparative Study, Australia, Canada, New Zealand and South Africa (Routledge Library Editions: Macroeconomics)
Par J. O. N. PERKINS, M. D. ENGLISH, J. P. NIEUWENHUYSEN AND J. W. ROWE. 1964
When it was first published in 1972, this was the first book to analyze the experience of Australia, Canada, New…
Zealand and South Africa in the field of macro-economic policy. The characteristics of this group of countries gives them much in common with both industrialized and emerging economies. Their experience of economic policy-making has, therefore an unusually wide relevance.This book provides insights on the art of governing a state and managing its external relations from a wealth-power logic.…
It looks at "economic statecraft", which consists of wealth production, wealth mobilization, and wealth-power conversion by a state. This book reconceptualizes what economic statecraft is and proposes a new theory focused on wealth-power conversion. With a long historic perspective, this book goes through the modern history of Western powers practicing economic statecraft since 1500, and presents three case studies, the United States, the European Union, and China, the three biggest users of economic statecraft in the contemporary world. The book serves as an ideal reference for policy makers, businesspeople, and researchers whose work touch upon either wealth creation, power projection, or the combination of both.The UK has been collaborating with international, primarily European partners in the design, development and production of advanced combat aircraft…
for over sisty years. Driven by a combination of rising costs and limited domestic markets, collaboration has also been a highly political act involving a combination of national, industrial and technological interests. Over the years, the form of collaboration has evolved, in some cases leading to the creation of transnational companies. The UK has been a pioneer of globalisation in the defence industry, establishing a strong presence inside the US defence market and has become a significant partner with American companies in key military aerospace programmes. This has contributed to divisions within the European military aerospace industry which are likely to continue into the next generation of combat aircraft.Revival: A Treatise on Wealth and Life (Routledge Revivals)
Par John Arthur Marriot. 1923
The argument of this book is addressed to those who desire to order their daily lives, in the homme, in…
the shop, in the factory, or on the farm, in conformity with the highest ethical standards, or in more familiar words, to live according to the will of God; and to them only. They constitute, I hope, a large proportion of mankind but be that as it ma, I know that there are at present among them many who are sorely perplexed in mind, and gravely disturbed in conscience, by the apparent contradiction between the precepts of ethics and the laws of economics. It is my earnest hope that in this book they mind some help towards the solution of their difficultiesChina’s recent climate-energy policy, an outcome of contemporary challenges, has generated conflict of interest amongst major stakeholders. Coupled with a…
boost in demand for oil, gas and coal, as well as a rapid growth in wind and solar power, it has not only affected domestic fossil fuel and renewable energy providers, but has also provoked a resource boom, affecting development pathways internationally. This book therefore seeks to examine the economic, social and ecological effects associated with China’s climate-energy policy. Assessing how the policy has been and will be formulated and implemented, it analyses the changing use of energy, CO2 emissions and GDP, as well as social and environmental impacts both domestically and internationally. It presents in-depth case studies on specific policies in China and on its resource exporting countries, such as Indonesia, Australia, Myanmar and Mongolia. At the same time, using quantitative data, it provides detailed input-output and applied computable general equilibrium analyses. Arguing that China has actively advanced its climate-energy policy to become a leader of global climate governance, it demonstrates that China ultimately relocates the cost of its climate-energy policy to resource exporting countries. This book will be of great interest to students and scholars of energy, the environment and sustainability, as well as Chinese Studies and economics.Size, Causes and Consequences of the Underground Economy: An International Perspective
Par Friedrich Schneider. 2005
Bringing together top international researchers this book provides a worldwide coverage of underground economic activities. It presents estimates of the…
underground economy for 145 countries - the most comprehensive ever undertaken; an in-depth examination of the underground economy for a select number of these countries; and an analysis of the public policy implications through an assessment of how various governments have attempted to address this issue. The book brings together the latest research on tax evasion, tax morale and other underlying factors that have so significantly influenced participation in the underground economy. It provides a comprehensive overview of the size and development of the underground economy, its major causes and motivations and its effects on the legitimate economy. In addition, it reviews recent public policy concerns by a number of countries and how they have responded with measures to curb these underground economic activities.Financial Economy: Evolutions at the Edge of Crises
Par Smita Roy Trivedi, Sutanu Bhattacharya. 2018
This book examines how contemporary financial economy evolved as the predominant economic system, and why unabated accumulation of financial capital…
takes place in such systems. It reviews the mechanics of accumulation of wealth by tracing the historical roots of financial capital. Traversing the evolutions of capitalist systems since the 1850s till recent times, Financial Economy provides a lucid and logical explanation of the phenomenon. It uses a new methodology based on economic circuit of stocks and flows following the early ideas of the French economists of the 18th century and the contemporary Circuit school. It provides an alternative framework for studying economic systems design, keeping aside the orthodox neoclassical analysis of equilibrium market exchange. Further, it highlights the global financial circuit, the state of the current digitalised economy with electronic money transfers, consumer’s decision-making and expected future earnings, and questions the relevance of some fundamental concepts of economics as well as economic policies. Using a notion of sequential economy, it also shows how present economic activities are treading upon the future. This book will interest students and researchers of advanced macroeconomics, political economy, heterodox economics, economic history, and evolutionary economics. The historical account of the evolutions of capital, interest, and corporate structures will also be of interest to general readers.Handbook of Media Management and Economics (Media Management and Economics Series)
Par Alan Albarran, Bozena Mierzejewska, Jaemin Jung. 2018
The Handbook of Media Management and Economics has become a required reference for students, professors, policy makers and industry practitioners.…
The volume was developed around two primary objectives: assessing the state of knowledge for the key topics in the media management and economics fields; and establishing the research agenda in these areas, ultimately pushing the field in new directions. The Handbook's chapters are organized into parts addressing the theoretical components, key issues, analytical tools, and future directions for research. With its unparalleled breadth of content from expert authors, the Handbook provides background knowledge of the various theoretical dimensions and historical paradigms, and establishes the direction for the next phases of research in this evolving arena of study. Updates include the rise of mobile and social media, globalization, audience fragmentation and big data.Theories of Value from Adam Smith to Piero Sraffa
Par Ajit Sinha. 2010
This book presents a comprehensive account of more than 200 years of controversy on the classical theories of value and…
distribution. The author focuses on four, perhaps most critical classics — Adam Smith’s Wealth of Nations, David Ricardo’s Principles of Political Economy, Karl Marx’s Capital and Piero Sraffa’s Production of Commodities by Means of Commodities. The book highlights several significant differences in the widely celebrated theories of the four authors as it searches for the ‘classical standpoint’ that separates them from the ‘moderns’. It also challenges canonical interpretations to analyse their flaws and weaknesses, in addition to the already obvious strengths, and critically engages with the major alternative interpretations and criticisms of the theories. With a new Afterword that follows up on the debates and developments since the first edition, this book will appeal to scholars and academics of economic theory and philosophy, as well as to the general reader.Foreign Investment and Economic Development in China: 1979-1996 (Routledge Revivals)
Par Haishun Sun. 1998
First published in 1998 , Sun investigates the ramifications foreign investment has had on China over 1979 to 1996. This…
empirical research discusses the issues, theories as well as the regional economics to create a discourse in foreign investment in china.Urbanization and Social Welfare in China (Chinese Economy Ser.)
Par Gordon G. Liu. 2004
China's urban population growth rate has doubled in the past 20 years and the Chinese government has made further urbanization…
a developmental priority. How Chinese cities cope with such rapid population increases has become a question of critical concern. This book provides an analysis of the welfare implications of China's urbanization, the development of the labour market including migration between rural and urban sectors, and natural and social environmental issues arising from urbanization. The book covers both academic and policy perspectives and, together with its sister volume Urban Transformation in China, brings together a comprehensive and multi-disciplinary overview of China's urbanization.Studies in Class Structure (Routledge Revivals)
Par G.D.H. Cole. 1955
First published in 1955, Studies in Class Structure contains six studies in problems of social structure, relating mainly to contemporary…
British society. Professor Cole studies an analysis of the information about class structure contained in the British Census of 1951; and he also deals with the changes in British class structure during the past hundred years. He considers the structure of elites in contemporary Britain, with some account of their development. He is also concerned with the influence of technical changes on class structures in Europe. These studies do not pretend to embody a comprehensive treatment of the problems of social structure: each of them stands by itself as a sharply original treatment of the many facets of class structure. This book will be of interest to students of economics, sociology and history.Financialization and the Future of the American Economy
Par William K Tabb. 2023
Financialization is a set of processes which has led to a financially driven and commodified economy with rising inequality, tax…
avoidance, and a lack of investment in the physical and social infrastructure. Given the influence of money politics, and the secular increase in the burden of debt, financialization has produced a deeply flawed economic system which mainstream economists are unable to address. This book discusses the causes and costs of financial crises, how financialization produces inequality and instability, and the patterns of value extraction it enables. It draws on key theoretical traditions, most prominently the writing of Marx, Keynes, and Minsky that illuminate much that is ignored and rejected in mainstream theorizing, including by many who identify as Keynesians. After decades of low interest rates and years of quantitative easing (QE), keeping borrowing costs near zero, many borrowers – households, businesses, banks, shadow banks, and governments – will not be able to finance their debt at the higher interest rates initiated by central banks to address inflation. The resulting stagflation will be global, producing a severe downturn that may be postponed through still greater debt creation but not avoided by conventional means. The book also explores the ways that standard financial criteria contribute to the climate emergency and the manner in which the commodification of nature proceeds from the desire to create new, marketable derivative products. It concludes with a discussion of what needs to be done to move away from a harmful regime of accumulation premised on financialization and to adopt a far better one. This book is essential reading for anyone interested in the causes and consequences of financialization and its impact on the economy.Political Economy of Europe: History, Ideologies and Contemporary Challenges
Par Hardy Hanappi. 2022
The development of European unification has reached a critical stage. Despite 75 years of peace, increases in welfare, and growth…
since World War 2, there is now a growing scepticism of the European agenda from various quarters, most notably embodied in the exit of the United Kingdom from the European Union. To fully understand the dynamics at work, this book presents an introduction to the development of the political economy of Europe from 1900 to 2020. The first part of the book provides an overview of European economic and political history from 1900 to the present. It is clear from this history that Europe’s population, and most notably its leaders, have been deeply influenced by ideology during this time. This sets the context for the second part of the book, which takes a closer look at some major paradigms framing European dynamics: (1) the market-oriented paradigm, (2) Marx’s paradigm, and (3) the fascist paradigm. In this part, the essential core of each of these paradigms is presented and critiqued. In the third part, the current bottlenecks of European evolution (the migration crisis, Brexit, rise of new Fascism, the climate crisis, the COVID-19 pandemic) are investigated in the light of a possible emergence of a new scientific paradigm. Europe’s role in the global division of labour – its possibility to serve as a role model for the advantages of democratically governing a highly diverse set of populations – is also explained. This book is an ideal text for students undertaking courses on the political economy of Europe in either economics or politics departments.This is the very first book to explicitly both detail the core general principles of institutional and evolutionary political economy…
and also apply the principles to current world problems such as the coronavirus crisis, climate change, corruption, AI-Robotics, policy-governance, money and financial instability, terrorism, AIDS-HIV and the nurturance gap. No other book has ever detailed explicitly such core principles and concepts nor ever applied them explicitly to numerous current major problems. The core general principles and concepts in this book, which are outlined and detailed include historical specificity & evolution; hegemony & uneven development; circular & cumulative causation; heterogeneous groups & agents; contradiction & creative destruction; uncertainty; innovation; and policy & governance. This book details the nature of how these principles and concepts can be used to explain current critical issues and problems throughout the world. This book includes updated chapters that have won two journal research Article of the Year Awards on climate change (one from the European Association for Evolutionary Political Economy, EAEPE); as well as a Presidential address to the Association for Evolutionary Economics (AFEE) on corruption. The structure of the book starts with two chapters on the principles of institutional and evolutionary political economy: firstly their history, and secondly a chapter on the contemporary nature of the principles and concepts. This is followed by nine chapters applying some of the core principles to current world problems such as the coronacrisis, climate change, corruption, AI-robotics, policy, money & financial instability, terrorism, HIV-AIDS and the nurturance gap. The book finishes with a conclusion, a glossary of major terms and an index. The author’s principles are well established in the literature and this book provides a detailed exposition of them and their application.Shipping and Logistics Management (Shipping And Transport Logistics Ser.)
Par Dong Yang, Y. H. Lun, Kee-Hung Lai, T. C. Cheng. 2023
This book explains global trends and strategies in the shipping business, looking at the role of logistics service providers and…
at how information technology can help shipping operations. It also introduces best practices and advice that will allow professionals to improve the management of shipping and logistics activities. The book consists of sections examining shipping and trade, business strategies for shipping, intermodal container transport operations, and ports. This new edition adds a new fifth section with four new chapters that discusses contemporary issues in shipping. The new chapters are related to risk management in shipping, shipping security and safety, environmental and social sustainability, and a review of new technologies in the shipping industry and their future potential. An invaluable source of information for researchers and advanced, or graduate, students, Shipping and Logistics Management is also a useful reference for shipping practitioners and consultants.Completing Capitalism: Heal Business to Heal the World
Par Bruno Roche, Jay Jakub. 2017
Proven, Profitable, and SustainableFor the past fifty years, leaders in the business world have believed that their sole responsibility is…
to maximize profit for shareholders. But this obsessive focus was a major cause of the abuses that nearly sunk the global economy in 2008. In this analytically rigorous and eminently practical book, Bruno Roche and Jay Jakub offer a more complete form of capitalism, one that delivers superior financial performance precisely because it mobilizes and generates human, social, and natural capital along with financial capital. They describe how the model has been implemented in live business pilots in Africa, Asia, and elsewhere. Recent high-profile books like Capital in the Twenty-First Century have exposed financial capitalism's shortcomings, but this book goes far beyond by describing a well-developed, field-tested alternative.Irrationality in Health Care: What Behavioral Economics Reveals About What We Do and Why
Par Douglas E. Hough. 2013
The health care industry in the U.S. is peculiar. We spend close to 18% of our GDP on health care,…
yet other countries get better results—and we don't know why. To date, we still lack widely accepted answers to such simple questions as "Would requiring everyone to buy health insurance make all of us better off?" The standard tools of health economics can only take us so far. This book draws on behavioral economics as an alternative lens to provide more clarity in diagnosing the ills of health care today. A behavioral perspective makes sense of key contradictions—from the seemingly irrational choices that we sometimes make as consumers, to the incongruous behavior of providers, to the morass of the long-lived debate surrounding reform. With the new health care law in effect, it is more important than ever that consumers, the health care industry, and the policymakers who are governing change reckon with the power and sources of our behavior when it comes to health.Ben Franklin's Guide to Wealth: Being a 21st Century Treatise on What It Takes to Live a Thrifty Life
Par Jack Mingo, Erin Barrett. 2004
Ben Franklin's Guide to Wealth is the modern version of the treatise The Way of Wealth by Richard Saunders, one…
of Ben Franklin's many pseudonyms. Franklin practiced what he preached in the treatise, and it made him rich enough to have a full life, travel extensively, and follow his intellectual musings, which in turn led him to become an accomplished scientist, inventor, political activist, diplomat, and writer. Franklin wasn't born rich. He built his legacy using his intelligence, curiosity, natural good sense, and proclivity for thrift and hard work. When he died, he left a fortune. Barrett and Mingo bring practicing what Franklin preached up to date for today's busy lifestyles. It's time to get back to financial basics. It's time to think about what "rich" really means. It might mean not hiring someone to do lawn work, saving some money, and sharing time spent together as a family. It's time to look for guidance from America's original financial guru, Ben Franklin. Ben Franklin's Guide to Wealthshows readers how to apply Franklin's financial wisdom to their own lives. Quotes from the original treatise such as "If you have something to do tomorrow, do it today" and "Leisure is time for doing something useful," are followed by the authors' down-to-earth commentary. Barrett and Mingo-history and trivia buffs-offer their own sage advice on a range of financial basics, including debt, thrift, the value of work and business, developing financial responsibility, money and time, and preparing for the future. As the authors attest in the Introduction, we should listen to the way of Ben Franklin because "it works. " A clever, wise, and fun book, the financial advice in Ben Franklin's Guide to Wealth works as well today as it did 250 years ago.The Economic Other: Inequality in the American Political Imagination
Par Meghan Condon, Amber Wichowsky. 2020
Economic inequality is at a record high in the United States, but public demand for redistribution is not rising with…
it. Meghan Condon and Amber Wichowsky show that this paradox and other mysteries about class and US politics can be solved through a focus on social comparison. Powerful currents compete to propel attention up or down—toward the rich or the poor—pulling politics along in the wake. Through an astute blend of experiments, surveys, and descriptions people offer in their own words, The Economic Other reveals that when less-advantaged Americans compare with the rich, they become more accurate about their own status and want more from government. But American society is structured to prevent upward comparison. In an increasingly divided, anxious nation, opportunities to interact with the country’s richest are shrinking, and people prefer to compare to those below to feel secure. Even when comparison with the rich does occur, many lose confidence in their power to effect change. Laying bare how social comparisons drive political attitudes, The Economic Other is an essential look at the stubborn plight of inequality and the measures needed to solve it.