Inequality and Nutritional Transition in Economic History
Food consumption and nutrition are historically among the most characteristic features of inequality in living standards. Nutrition directly impacts mortality, life expectancy, height and illness. However, one issue that remains unresolved is how to measure past diet inequalities with the available sources. This book tackles these.
Business Groups and the Thailand Economy
'Business Groups and the Thailand Economy' examines the role of business groups, specifically state, local and foreign capitals in the economic development of emerging economies and highlights why business groups are essential in helping a country break out of the middle-income trap.
Economic Slowdown in India
While discussing both macro- and microeconomic policies, the volume examines how the perspective on economic policy has evolved over time in consonance with experience by investigating major instances of such slowdowns in the past.
International Trade, Economic Development and National Welfare
This book presents a comprehensive analysis of contemporary issues in international trade and economic development. Emphasizing the significance of economic development within policymaking, the book covers important issues like provisioning of public goods, its implication in a liberalized regime, crime and corruption etc.
Bank-Industry Versus Stock Market-Industry Relationships
This book focuses on a variety of themes concerning the relationship between financial systems in a broader sense and firms' growth in historical perspective in some European countries. Financial systems are nowadays largely acknowledged to be a crucial element in determining economic growth. In modern economies, they play a key role by mobilizing savings, pricing risks and allocating capital to firms. Following a consolidated taxonomy focusing on the historical perspective, countries have been conventionally divided into bank-oriented (Continental Europe countries and Japan) and market-oriented systems (Anglo-Saxon countries).The chapters in this book present case studies on Belgium, Great Britain, France and Italy and show that financial systems do not trigger growth processes and industrialization, but they are essential to sustain them over time. Each society has the financial system that fits with its historical trajectory, without any being better or worse than others. The important thing is to have a financial system that is sophisticated and stable, and that evolves according to the demand forces of the moment. History matters.Bank-Industry versus Stock Market-Industry Relationships will be a beneficial read for students interested in economics and business history. The chapters in this book were originally published as a special issue of Business History.
A History of Brazilian Economic Thought
This book provides a comprehensive analysis of the evolution of Brazilian economic thought ranging from colonial times through to the early 21st Century.
Business Economics
Business Economics introduces the theory and practice of economics for non-specialist students new to the topic. Business Economics, Second Edition, is designed to provide a general introduction to the discipline of Business Economics, covering an important part of first year studies and beyond.
Post-Pandemic Green Recovery in ASEAN
ASEAN's real gross domestic product (GDP) had declined sharply during the COVID-19 pandemic. This book offers insights into regional and country-level perspectives and ways to keep the greenness of the economic recovery plans.
Innovation, Complexity and Economic Evolution
This book argues that evolutionary economics must become evolutionary political economy. The book explores the policy implications of these innovative societies, where wealth is created but unequally distributed. The book is addressed to open-minded economists, social scientists, technologists and policy makers.
Critical Theory and Economics
This book expands upon a range of economic insights within the overall context of critical theory, particularly with respect to the question of socioeconomic inequalities, and presents an explanation of how critical theory provides a number of interesting perspectives for economists.
Economic Biology and Behavioral Economics
Economic Biology and Behavioral Economics: The Prophesy of Alfred Marsh all explores the prophesy of Alfred Marshall, the grand synthesizer of neoclassical economics, that the "Mecca of the economist lies in economic biology".
The Adam Smith Review
The Adam Smith Review is a rigorously refereed annual review that provides a unique forum for interdisciplinary debate on all aspects of Adam Smith's works, his place in history, and the significance of his writings to the modern world.
Economic Growth and Income Distribution in the Development of China's Dual Economy
Since the start of the process of economic reform in 1978, China has maintained the structure of a dual economy, with concurrent development of the agricultural and industrial sectors. This book explores the key issues of China's economic growth and income distribution in this context.
The Wealth Of Nations(Illustrated)
Illustrated Edition: Features 20 captivating illustrations that bring the concepts to life.Includes a Comprehensive Summary: A detailed summary to help you grasp the key ideas quickly.Character List: Although not a narrative work, this edition includes a metaphorical "characters list" of the main concepts for easier understanding.Author Biography: Learn about Adam Smith, the father of modern economics, and the historical context of his masterpiece.Dive into the world of economics with this beautifully illustrated edition of Adam Smith's groundbreaking work, The Wealth of Nations. As relevant today as it was in 1776, Smith's exploration of economics, capitalism, and morality is a cornerstone of economic thought that has shaped the modern world. This edition not only makes the complex concepts accessible but also engaging through a series of thought-provoking illustrations.Whether you're a student of economics, a professional seeking to understand the foundations of economic theory, or simply a curious mind, this edition offers a unique approach to engaging with Smith's work. The comprehensive summary provides a quick refresher or an introduction to those new to Smith's ideas, while the metaphorical "characters list" demystifies the main concepts in an innovative way.Learn about the invisible hand of the market, the importance of the division of labor, and the impact of free trade across nations as illustrated through Smith's insightful analysis. This edition also includes a biography of Adam Smith, providing context to his ideas and his impact on the world.Embark on a journey through the history of economic thought with The Wealth of Nations - Illustrated Edition. It's not just a book; it's a visual and intellectual experience that brings the essence of Adam Smith's ideas to a new generation of readers.
Is This Time Different?
Has artificial intelligence (AI) and other industries disruptors permanently changed the investment strategy for everyday investors? "This time is different" could be the four most dangerous words in investing. Everyday investors with a long-term perspective can insulate themselves from market volatility by focusing on their ultimate, long-term objectives. Pay attention to what you can control, and leave the rest to the market. WHAT'S INSIDE? Finding a Dependable Road to Retirement Planning Don't Believe the Hype Artificial Intelligence Is a Difference-Maker A New, New Normal An Updated Plan Generational Issues Taking Accountability For Your Choices Performance Anxiety Is Real Avoid Common Retirement-Planning Mistakes Investing For A Better Future Retirement Accounts A Hypothetical Portfolio Then and Now WHY READ THIS BOOK? America is sailing into an uncharted sea of future retiree bailouts, with a public seemingly untroubled by the stark numbers of everyday investors (or non-investors) who are financially unprepared for retirement. Fully funding both an IRA or Roth IRA and a 401k annually may not be enough. This combination still may not provide adequate financial support in retirement. Supplement these two retirement accounts with additional investments in taxable accounts. I've never heard a retiree complain that they retired with too much money! Retirement planning does not start when you enter retirement. Instead, it should start decades earlier. Time is valuable. Put it to work for you-use it or lose it. In this book, I share my recommendations for a tried-and-true investment strategy for everyday investors in 2024 and beyond. By following time-honored wisdom instead of buying into the latest fads, investors will ensure a secure retirement. MY BEST ADVICE FOR EVERYDAY INVESTORS: Ignore market fads and stay fully invested. U.S. markets have shown amazing resilience, allowing them to bounce back from adversity. Don't be left sitting on the sidelines, unable to make a decision. Your financial future depends on you.
A Legacy Restated
"Until true individualism--meaning not the continuation but the overcoming of egoism--has the strength to win through against and transform the artificially galvanized group spirits [from the past], the task of culture cannot be fulfilled. Group interests will continue to act as mutual enemies." -- Bernhard BehrensThese essays, written just after World War II by a German economist who arrived in the United States in 1940, provide an unexpectedly helpful contribution to an understanding of our present moment, writ large. Today, when the U.S. is coming to terms with its destiny and its true (as distinct from geopolitical) place in current and world history, seems a propitious time to republish these essays, which first saw the light of day in the mid-twentieth century. Updated from the 1950s, the view of the challenges and possibilities that Bernhard Behrens provides remain as perceptive and insightful now as when written, especially in regard to economics and democracy.
Study Guide for Economic Growth and Development
This book is a solutions manual and study guide to the 3rd edition of Economic Growth and Development. It includes solutions to all end-of-chapter questions and model-based problems within the text. In addition, each chapter contains a reader's guide for students working through the main text, including objectives, discussion of sticking points, and main takeaways. These should prove useful to students and instructors using this book.
The Hidden Globe
NAMED ONE OF THE TOP 5 BOOKS OF 2024 ON CBS SUNDAY MORNING ONE OF THE WASHINGTON POST'S TOP 10 BOOKS OF 2024 A NEW YORK TIMES NOTABLE BOOK "Vivid, revelatory, and politically unpredictable...What bothers Abrahamian, in the end, isn't the anarchic but the unfair; if capital is free, people deserve the same respect." --Gideon Lewis-Kraus, The New Yorker "A season of unrest looms ahead, and The Hidden Globe lays out the unvarnished truth in a luminous feat of reportage."--Hamilton Cain, Minneapolis Star Tribune Borders draw one map of the world; money draws another. A journalist's riveting account exposes a parallel universe that has become a haven for the rich and powerful. A globe shows the world we think we know: neatly delineated sovereign nations that grant or restrict their citizens' rights. Beneath, above, and tucked inside their borders, however, another universe has been engineered into existence. It consists of thousands of extraterritorial zones that operate largely autonomously, and increasingly for the benefit of the wealthiest individuals and corporations. Atossa Abrahamian traces the rise of this hidden globe to thirteenth-century Switzerland, where poor cantons marketed their only commodity: bodies, in the form of mercenary fighters. Over time, economists, theorists, statesmen, and consultants evolved ever more sophisticated ways of exporting and exploiting statelessness, in the form of free trade zones, flags of convenience, offshore detention centers, charter cities controlled by foreign corporations, and even into outer space. By mapping this countergeography, which decides who wins and who loses in the new global order--and helping us to see how it might be otherwise--The Hidden Globe fascinates, enrages, and inspires.
Economic Policy and the History of Economic Thought
This book discusses key issues in economic policy in the context of the history of economic thought.
Insurance, Fund Size, and Concentration
Schon um die Mitte des 19. Jahrhunderts verf羹gten die deutschen Bergleute mit den zahlreichen lokalen Knappschaftsvereinen 羹ber ein eigenes institutionalisiertes Sozialversicherungssystem mit einer langen, ins Mittelalter zur羹ckreichenden Tradition. Ihren Mitgliedern boten die Knappschaftsvereine Versicherungsschutz gegen die wesentlichen Daseinsrisiken Krankheit, Invalidit瓣t, Tod des Ern瓣hrers der Familie und Langlebigkeit. Mit Blick auf die Periode zwischen Knappschaftsgesetz einerseits und Gr羹ndung der Reichsknappschaft andererseits (1854-1923) untersucht diese Arbeit ein versicherungs繹konomisches Problem, 羹ber das bereits die zeitgen繹ssischen Beobachter der Knappschaftsvereine intensiv diskutierten: Wie ist die optimale Gr繹?e eines Sozialversicherungstr瓣gers zu bestimmen und zu implementieren? Gibt es 羹berhaupt eine "optimale" Gr繹?e? Oder gilt nicht vielmehr "je gr繹?er, desto besser"? Vor dem Hintergrund zweier 繹konomischer Kategorien - versicherungstechnisches Risikos und Verwaltungseffizienz - werden diese Fragen am konkreten historischen Beispiel der preu?ischen Knappschaftsvereine untersucht. Obwohl die j羹ngere Historiographie die au?erordentliche Bedeutung der Knappschaftsvereine des 19. Jahrhunderts als eines der ersten Sozialversicherungssysteme 羹berhaupt herausgestellt hat, stellt deren Wirtschafts- bzw. Versicherungsgeschichte ein Forschungsdesiderat dar. Diese Arbeit f羹llt zu einem gewissen Grad diese Forschungsl羹cke, indem sie auf ein historisches Ph瓣nomen fokussiert, dessen Analyse nicht ohne den direkten Bezug auf grundlegende 繹konomische Zusammenh瓣nge auskommt: der zu beobachtende Prozess interner und insbesondere externer Konzentration innerhalb der Knappschaftsvereine, der sp瓣testens mit dem fr羹hen 1870iger Jahren einsetzte und in der Gr羹ndung der Reichsknappschaft kulminierte.
Supercharging Sustainability
In the ever-developing field of sustainability and sustainable finance, Supercharging Sustainability emerges as a crucial compass for navigating the complex terrain. This comprehensive yet accessible guide demystifies the overwhelming scope of sustainability, offering a clear, big-picture overview essential for employees, managers, executives, boards, and future talent.Led by his decades of experience in leadership positions in banking, finance, and professional services with a focus on sustainability and sustainable finance, Bjarni Herrera reveals why adaptability is key and how caring for the planet and people isn't just the right thing to do-it's a pathway to a good business, competitive advantage, and prosperity for all. This book is more than just a read; it's a dynamic training program designed to align your organisation rapidly and effectively with current and upcoming fundamental shifts and changes. You'll learn: How broad and dynamic corporate sustainability and sustainable finance areHow to unlock value creation and positive impacts with the right focus on what really mattersHow to help your team, management, company, board, and fellow students embrace daily challenges in applying sustainability and sustainable finance practicesEmbark on a journey to redefine your organisation's approach to sustainability and pave the way for a prosperous, sustainable future.
The Peace Formula
Economic forces play a major role in the outbreak and perpetuation of violence, but they also hold the key for positive change. Using a non-technical and accessible style, The Peace Formula attacks a series of misconceptions about how economics has been used to foster peace. In place of these misconceptions, this book draws on rich historical anecdotes and cutting-edge academic evidence to outline the 'peace formula' - a set of key policies that are crucial ingredients for curbing armed conflict and achieving transition to lasting peace and prosperity. These policies include providing jobs (work), democratic participation (voice), and guaranteeing the security and basic functions of the state (warranties). Investigating specific political institutions and economic policies, this book provides the first easily accessible synthesis of this work and explains how 'smart idealism' can help us get the incentives of our leaders right. The stakes could hardly be higher.
Charging Forward
A clarion call for justice in the quest for clean energy California's Salton Sea region is home to some of the worst environmental health conditions in the country. It is also ground zero for a new "lithium gold rush"--a race to extract a mineral critical to the rapidly expanding electric vehicle and renewable energy storage markets. With enough lithium lurking beneath the surface to provide a third of global demand, who will benefit from the development of this precious resource? A work of stunning analysis and reporting, Charging Forward shows that the questions raised by Lithium Valley lie at the heart of the "green transition." Weaving together movement politics, federal policy, and global supply chains, noted experts Chris Benner and Manuel Pastor stress that extracting lithium is just a first step: the real question is whether the region and the nation will address and overcome the environmental degradation, labor exploitation, and racial injustice that have been as much a part of the landscape as the Salton Sea itself. What happens in Lithium Valley, the authors argue, will not stay there. This tiny patch of California is a microcosm of the broad climate challenges we face; understanding Lithium Valley today is the key to grasping the future of our economy and our planet.
The Economy of Saudi Arabia in the 21st Century
This book is about Saudi Arabia's efforts to overhaul its economy and the numerous prospects and challenges it faces in doing so. As one of the world's leading oil producers, the outcomes of the most ambitious wave of reforms Saudi Arabia has ever undertaken will provide valuable lessons not only for the kingdom itself but also for other oil-dependent and resource-based economies. Since 2016, Saudi Arabia has embarked on an unparalleled economic - if not social and political - transformation project with an ultimate aim of diversifying away from oil. New sources of growth such as tourism, industry, and entertainment have been identified, but it remains to be seen whether these will be enough to sustain the economy in the post-oil era. Reforms, including lowering energy subsidies, instituting VAT, and introducing indirect taxes on labor and businesses, have already produced notable results. Looking ahead, the economy requires rigorous and continuous processes of severe competition amongst its private sector participants as well as strong institutions. It also requires creative destruction to be allowed to run its course within the wider economy. The economic reform experiment undertaken by Saudi Arabia remains the most sweeping among emerging market economies - and certainly in the entire Middle East. The changes are all encompassing and involve a complex redrawing of the political, economic, religious, and social map.
The Economics of Digital Markets
This book presents a rigorous analysis of the multifaceted challenges and opportunities inherent in contemporary commerce. Through an in-depth reflection spanning multi-sided media markets, information disclosure policies, and the telecommunications sector, this thesis elucidates the intricate interplay between consumer behavior, firm strategies, and market outcomes. From the nuanced implications of multipurchasing behavior on firms' differentiation strategies to the complex dynamics of decision-makingtransparency and the strategic responses of incumbents and new entrants in telecommunications, this work offers valuable insights for scholars and practitioners alike. By uncovering the underlying mechanisms driving market behavior and strategic decision-making, "The Economics of Digital Markets'' equips readers with the knowledge and tools to navigate and thrive in today's rapidly evolving business landscape.The book was awarded the 2023 Concurrences Ph.D. Award in Economics.
Atlas of Finance
A unique illustrated exploration of the development of finance that combines data from every part of the world and covers five thousand years of history "The book is a lot of fun. Data-fixated readers will enjoy unpicking its main content: a series of elegantly produced maps, graphs and other visualisations. These are eclectic in scope and ambitious in intent."--Jonathan Guthrie, Financial Times From the emergence of money in the ancient world to today's interconnected landscape of high-frequency trading and cryptocurrency, the story of finance has always taken place on an international stage. Finance is one of the most globalized and networked of human activities, and one of the most important social technologies ever invented. This volume, the first visually based book dedicated to finance, uses graphics and maps to bring the complex and abstract world of finance down to earth, showing how geography is fundamental for understanding finance, and vice versa. It illuminates the people--including Adam Smith, Karl Marx, and John Maynard Keynes--who have shaped our thinking about global finance; brings to life the ways that place-specific histories, laws, regulations, and institutions influence finance; shows how finance relates to innovation, globalization, and environmental change; and details how finance plays a key part in drawing the landscape of uneven development, inequality, and instability. The Atlas of Finance, with word and image, will change the way you view both your money and your world.
Fiscal Follies
The High Priests of the Economics profession are a privileged and highly-compensated group. Their speeches are endlessly analyzed, their every public utterance transcribed and disseminated world-wide.Yet they're often wrong. How can this be? How can a profession that sends one of these high priests to Scandinavia each year to receive a Nobel Prize for achievements in "Economic Science" be so error-prone? The answer is quite simple: Economics, and the social and soft sciences more generally, are not science in the same sense that physics and chemistry and engineering are science.In Fiscal Follies, author Daniel C. Munson pricks the bubble of scientific pretension that surrounds economics and finance and the social sciences generally in a humorous, light-hearted way, and points out precisely why these forms of "science" are so different.Fiscal Follies details the problems inherent in attempting to study humanity using charts and graphs and math, offering instead the idea that movies, plays, novels, music lyrics, and the simple facts of economic history-without all the polarizing platitudes-- can teach economics more effectively. The writing is neither academic nor filled with business jargon, yet it explores many thorny economic issues: social insurance, inflation vs. deflation, socialism, Wall Street pay, gold-backed currency, income tax fairness, energy policy, business school proliferation, etc.The economic significance of many well-known people is explored in these articles and essays: Babe Ruth, Charles Dickens, U.S. President Franklin Roosevelt, California governor Jerry Brown, playwright George Bernard Shaw and literary figures Fran Lebowitz and Herman Melville, philosophers Jean Jacques Rousseau and Karl Marx, the Beatles, Mick Jagger, Swedish rock group ABBA, movie characters played by Greta Garbo, Edward G. Robinson, James Stewart, Lionel Barrymore, etc.Light-hearted criticism of economic planning is done to try to have some FUN with this sometimes-pompous subject. Fiscal Follies seeks to appeal to a reading public that may be a little fed up with the economic and political "know-it-alls" who, though often wrong, still dominate policy discussions.The book concludes with a chance encounter that forces our author to examine a specific moment in American economic and Civil War history that puts some of his ideas to the test.
Inflation, Income Distribution and X-Efficiency Theory
First published in 1980, Inflation, Income Distribution and X-Efficiency Theory presents an exploratory theoretical study of the linkages between income distribution, the degree of X-efficiency, and inflation in the context of developing societies.
Public Policy and Climate Change
Among the 'wicked problems' facing policymakers and voters today, the threat of catastrophic climate change, also called global heating, is so challenging that it was labelled as 'super-wicked'. The scientific evidence is clear-cut, and most of the technologies needed to stabilize the global climate are well understood. But the policy response has been entirely inadequate.To understand the difficulties, we must draw on our understanding of politics, philosophy and economics, grouped together as PPE. These lectures show how the PPE disciplines can be used to improve understanding of the problems and guide a way toward their solutions.The main focus is on the critical economic concept of opportunity cost: The true cost of anything is what you must give up to get it. In a smoothly functioning market, prices determine, and are determined by, opportunity costs. But markets for the emissions that generate global heating do not operate smoothly, if they exist at all. This book explains how policy responses such as carbon taxes and emissions trading markets are products of these 'market failures'.
International Capitalism and Industrial Restructuring
First published in 1987, International Capitalism and Industrial Restructuring counters the idea that industrial restructuring is a relatively problem-free stage in the evolution to a post-industrial society.
Desert Edens
How technological advances and colonial fears inspired utopian geoengineering projects during the late nineteenth and early twentieth centuries From the 1870s to the mid-twentieth century, European explorers, climatologists, colonial officials, and planners were avidly interested in large-scale projects that might actively alter the climate. Uncovering this history, Desert Edens looks at how arid environments and an increasing anxiety about climate in the colonial world shaped this upsurge in ideas about climate engineering. From notions about the transformation of deserts into forests to Nazi plans to influence the climates of war-torn areas, Philipp Lehmann puts the early climate change debate in its environmental, intellectual, and political context, and considers the ways this legacy reverberates in the present climate crisis. Lehmann examines some of the most ambitious climate-engineering projects to emerge in the late nineteenth and early twentieth centuries. Confronted with the Sahara in the 1870s, the French developed concepts for a flooding project that would lead to the creation of a man-made Sahara Sea. In the 1920s, German architect Herman S繹rgel proposed damming the Mediterranean in order to geoengineer an Afro-European continent called "Atlantropa," which would fit the needs of European settlers. Nazi designs were formulated to counteract the desertification of Eastern Europe and Central Asia. Despite ideological and technical differences, these projects all incorporated and developed climate change theories and vocabulary. They also combined expressions of an extreme environmental pessimism with a powerful technological optimism that continue to shape the contemporary moment. Focusing on the intellectual roots, intended effects, and impact of early measures to modify the climate, Desert Edens investigates how the technological imagination can be inspired by pressing fears about the environment and civilization.
States' Finances in India
First published in 1968, States' Finances in India not only provides the first descriptive account of the finances of the states since Indian Independence, but also offers an analysis which successfully puts into perspective the problems of plan financing, taxation, borrowing and public expenditure.
Management and Labour
First published in 1939, Management and Labour is a study of industrial organisation in the 1930s, with special reference to personnel relations. The matters dealt with include the development of systematic methods of management; 'Scientific Management' and industrial psychology; Industrial fatigue and its reduction; Working conditions and factory environment; Labour management; Foremanship; Labour turnover; Absenteeism; Arbitration and conciliation in labour disputes; Statutory and voluntary welfare; State regulation of wages; Industrial diseases and their prevention; Industrial accidents; and the problem of economic security for employees. This book will be of interest to students of business, management, labour studies, disaster management and history.
The Social Foundations of Wage Policy
First published in 1955, The Social Foundations of Wage Policy provides a comprehensive study of British wage and salary structure. This is an important historical document for scholars and researchers of economics and British political economy.
Assessing the Demographic Impact of Development Projects
First published in 1992, Assessing the Demographic Impact of Development Projects based on studies in developing countries focuses on conceptual, methodological and policy issues related to development projects.
Battlers and Billionaires
Unpacking inequality in Australia by renowned economist and MP Andrew LeighIs Australia fair enough? And why does inequality matter anyway?After a long period of high inequality, from English settlement to World War I, inequality in Australia fell for about half a century. In the past generation, the gap between rich and poor has widened again. The top twenty Australians now have twice as much wealth as the bottom two million households. The typical house cost four years' average earnings in the 1980s, but eleven years' average earnings in the early 2020s.In this updated edition of Battlers and Billionaires, Andrew Leigh tells you everything you need to know about trends in Australian inequality, and explains why inequality matters. Too much inequality risks cleaving us into two Australias, with little contact between the haves and the have-nots. And the further apart the rungs on the ladder of opportunity, the harder it is for a child born into poverty to enter the middle class. Battlers and Billionaires sheds fresh light on what makes Australia distinctive, and what it means to have - and keep - a fair go.'Fun, fascinating and fundamentally important. A must-read for anyone who cares about bridging our divides.' -Julia Gillard'Be warned: this book will open your eyes and prick your conscience.' -Ross Gittins'A thought-provoking book which emphasises how far we have strayed from confidently discussing public policies that seek to give meaning to our egalitarian spirit.' -Laura Tingle
Emerging Patterns and Behaviors in a Green Resilient Economy
The COVID-19 outbreak aggravated recurrent economic issues and problems of developing a resilient economy and technological development inequality between entities, countries, production structure, unemployment and social disorders that have resulted in the accentuating of political, economic, business and trade relations. Resilient economies, technological development and green entrepreneurship in the New Normal present opportunities and challenges in achieving a balanced transition. Emerging Patterns and Behaviors in a Green Resilient Economy provides a comprehensive and nuanced understanding of contemporary green entrepreneurship, highlighting areas that need more exploration and encouraging new, innovative solutions to the challenges faced in creating a sustainable economy. Lab for Entrepreneurship and Development is Emerald's innovative book series on the study of entrepreneurship and development, striving to set the agenda for advancing research on entrepreneurship in the context of finance, economic development, innovation, and the society at large.
Fiscal Follies
The High Priests of the Economics profession are a privileged and highly-compensated group. Their speeches are endlessly analyzed, their every public utterance transcribed and disseminated world-wide.Yet they're often wrong. How can this be? How can a profession that sends one of these high priests to Scandinavia each year to receive a Nobel Prize for achievements in "Economic Science" be so error-prone? The answer is quite simple: Economics, and the social and soft sciences more generally, are not science in the same sense that physics and chemistry and engineering are science.In Fiscal Follies, author Daniel C. Munson pricks the bubble of scientific pretension that surrounds economics and finance and the social sciences generally in a humorous, light-hearted way, and points out precisely why these forms of "science" are so different.Fiscal Follies details the problems inherent in attempting to study humanity using charts and graphs and math, offering instead the idea that movies, plays, novels, music lyrics, and the simple facts of economic history-without all the polarizing platitudes-- can teach economics more effectively. The writing is neither academic nor filled with business jargon, yet it explores many thorny economic issues: social insurance, inflation vs. deflation, socialism, Wall Street pay, gold-backed currency, income tax fairness, energy policy, business school proliferation, etc.The economic significance of many well-known people is explored in these articles and essays: Babe Ruth, Charles Dickens, U.S. President Franklin Roosevelt, California governor Jerry Brown, playwright George Bernard Shaw and literary figures Fran Lebowitz and Herman Melville, philosophers Jean Jacques Rousseau and Karl Marx, the Beatles, Mick Jagger, Swedish rock group ABBA, movie characters played by Greta Garbo, Edward G. Robinson, James Stewart, Lionel Barrymore, etc.Light-hearted criticism of economic planning is done to try to have some FUN with this sometimes-pompous subject. Fiscal Follies seeks to appeal to a reading public that may be a little fed up with the economic and political "know-it-alls" who, though often wrong, still dominate policy discussions.The book concludes with a chance encounter that forces our author to examine a specific moment in American economic and Civil War history that puts some of his ideas to the test.
The Ideas That Rule Us
This book explores the ideas that rule how our economy works, how government operates and how workers organise.
Essays on Equity, Health, and Education in Sierra Leone
Sierra Leone is one of the poorest countries in Sub-Saharan Africa, with a gross national income per capita of USD510 in 2022. The country ranked near the bottom of all countries in the latest Human Development Index. Despite these low rankings, in the years since the end of the 10-year civil war in 2002, Sierra Leone has made notable progress. The return to peace and stability and the ample availability of fertile land have facilitated recovery and growth in agriculture. Urban areas have become local trading and commercial centers, and the capital of Freetown has seen many sources of new wealth and development. Poverty significantly declined from 2003 to 2011. Progress continued, although less emphatically, until 2018, and access to basic services improved, particularly in education and health. Sierra Leone has made strides in key indicators on education and health, including expected years of schooling and primary completion rates. Strong gains in reducing under-five and maternal mortality as well as under-five stunting have also been observed. However, improvements in some of these dimensions should not distract policy makers from the challenges posed by the relative lack of progress in others. Adolescent girls in Sierra Leone continue to have relatively high rates of child marriage and early childbearing and low educational attainment. Moreover, improvements have not permeated to the entire population. The rural poor population in particular has experienced a relative lack of progress. Essays on Equity, Health, and Education in Sierra Leone: Selected Challenges and Benefits examines the evolution of poverty and human development outcomes since the end of the civil war and asks if the foundations for achieving shared prosperity and addressing persistent poverty in the country have been laid down through key policies in the education and health sectors.
What Matters for Learning in Malawi?
Since the introduction of free primary education in 1994, access to school has expanded rapidly in Malawi, but the resulting growth in enrollments has outstripped increase s in resources and the capacity of the system to deliver learning. The result is an education system with widespread overcrowding and large disparities in conditions, access, and learning outcomes among schools. What Matters for Learning in Malawi? Evidence from the Malawi Longitudinal School Survey offers one of the most comprehensive pictures ever presented of the conditions, practices, and learning outcomes in a low-income country. Using data from a nationally representative, longitudinal survey of more than 500 schools; 4,000 teachers; and a gender-balanced, random sample of more than 13,000 grade 4 students, this book presents a robust analysis of the school-, teacher-, and student-level characteristics that prevent students from learning. This analysis reveals a strong relationship between the remoteness of a school's location and inequities in school conditions, including the availability and condition of infrastructure, teaching and learning materials, finance, staffing, and supervision. Large class sizes limit the effectiveness of even skilled and highly motivated teachers. Poor learning outcomes are also evident in schools with high proportions of students who have illiterate parents; speak minority languages; are older than the typical age for their grade; and, particularly, have a poor mindset toward education. A dedicated chapter focused on girls' learning shows that student-level characteristics account for the majority of variation in learning outcomes; of those characteristics, gender is associated with the largest inequities. The book introduces a new Disadvantage Index as a tool to understand the ways in which multiple dimensions of disadvantage at the school level interact, and it models the impact of investing in low-cost classrooms and additional lower primary teachers at the most disadvantaged schools. What Matters for Learning in Malawi? will be of interest to researchers, educators, and policy makers who seek to improve learning outcomes in low-income countries and populations.
The Growth of Public Expenditure in the United Kingdom
Originally published in 1961, this book became widely used as a textbook, as an important source of primary data on British government expenditure statistics and as the point of departure for further empirical and analytical studies of the behaviour of governments. The book was recognised as one of the formative influences in the development of a positive theory of government expenditure which sought to explain the size and structure of the system of public finance rather than justify it
The Economic Theory of Fiscal Policy
Originally published in 1971, this book uses the famous Tinbergen/Theil approach to the theory of economic policy, demonstrating the place of fiscal policy in a realistic policy context. The volume marries analytical developments in macroeconomics to the influence on the economy of the system of public finance. Attention is given to the problem co-ordinating fiscal policy with other policy instruments, notably monetary policy. A final chapter discusses the problems encountered in applying fiscal policy models to real situations.
The Great Inflation Resurgence
This book explores why inflation surged globally in the 2020s, where we are heading and what lessons we can draw from it. Following a decade of too-low inflation, inflation suddenly surged in 2021-22 to its highest levels in 40 years in the US and Europe. The book introduces a simple economic framework and adopts a global perspective to compare the inflation experiences across the US, Europe, and Asia. Among the key questions the authors tackle is 1) why the West suddenly experienced surging inflation when their central banks had been fighting too-low inflation in the 2010s, 2) why so few economists saw the inflation resurgence coming, and 3) why China now faces deflation. The great inflation resurgence has taught us several key lessons, namely that inflation is a global phenomenon with local characteristics, that economists should rely more on broad economic thinking, and less on models when large shocks occur, and finally that fiscal policy is a major differentiator. The authors, a central banker and an economist on the 'buy side', offer key lessons for both central banks and financial markets while anticipating where inflation might be headed.
The Nehru-Era Economic History and Thought & Their Lasting Impact
India's economic model underwent transformational change following independence in 1947. The country's first Prime Minister, Jawaharlal Nehru, embarked upon two foundational projects to build modern India: a political project aimed at establishing democracy with universal suffrage, and an economic one aimed at ending poverty. Three-quarters of a century later, his political project is a resounding success, but the opposite is true of the economic one. The Nehru-Era Economic History and Thought & Their Lasting Impact examines the evolution of Nehru's economic philosophy with socialism, self-sufficiency, and heavy-industry development at its core. Through extensive archival research, Arvind Panagariya reconstructs and reinterprets this history, paying particular attention to the administrative processes deployed to implement policies, contemporary economic thought, and important historical events not adequately covered in the existing literature. He assesses the evolution of Nehru's own political beliefs and the construction of the Nehru development model, the resulting regime and exclusionary nature of economic growth, and the lasting intellectual legacy of the Nehru-era socialism on politicians, civil servants, policy analysts, and businesspeople in the six decades since Nehru's death. This book is the fascinating tale of a model with the near-unanimous approval of experts from all around the world at its inception and the impact of its failure.
How Change Happens
Human society is full of would-be 'change agents', a restless mix of campaigners, lobbyists and officials, both individuals and organizations, set on transforming the world. They want to improve public services, reform laws and regulations, guarantee human rights, get a fairer deal for those on the sharp end, and achieve greater recognition for any number of issues or simply be treated with respect. It is striking then, that universities have no Department of Change Studies, to which social activists can turn for advice and inspiration. Instead, scholarly discussions of change are fragmented with few conversations crossing disciplinary boundaries, or making it onto the radars of those actively seeking change. How Change Happens bridges the gap between academia and practice, bringing together the best research from a range of academic disciplines and the evolving practical understanding of activists to explore the topic of social and political change. Drawing on many first-hand examples from the global experience of Oxfam, one of the world's largest social justice NGOs, as well as the author's 40 years of studying and working on international development, it tests ideas and sets out the latest thinking on what works to achieve progressive change. This second edition adds a chapter by the LSE's Dr Tom Kirk on the rising importance of digital technology in activism, and analyses the implications of some of the darker currents of populism and shrinking civic space for those trying to bring about positive change. This is an open access title available under the terms of a [CC BY-NC-ND 4.0 International] licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations.
The Political Economy of Bilateral Aid
This book identifies crucial supply-side nodes of power and influence where feasible and relatively straight-forward 'functional' reforms - strategy, structure, selection, training - would make genuinely developmental results for recipients more likely and enhance donor interests at the same time.
Developing Countries - Economics and Politics
No detailed description available for "Developing Countries - Economics and Politics".
