Saving and Investment in the Twenty-First Century
The economy of the 21st century in the OECD countries and in China, is characterized by a new phenomenon: the structural surplus of private savings in relation to private investment. This is true even in a situation of prosperity and very low interest rates. On the one hand, this excess saving is due to people's increasing inclination to save in light of rising life expectancy, driven by the desire to have sufficient assets in old age. On the other hand, the demand for capital is not increasing to the same extent, so that investment is not keeping pace with the rising desire to save. The resulting gap between the private desire for wealth and private investment can only be closed by increasing public debt. This open access book offers a new, capital-theoretical perspective on the macroeconomic relationship between desired wealth and investment, and it presents new empirical data on private wealth and its composition in the OECD plus China area. The authors arguethat a free economic and social order can only be stabilized if the wealth aspirations of individuals are met under conditions of price stability. This is not possible without substantial net public debt. A new way of thinking about the economy as a whole is required. By way of an in-depth theoretical and empirical analysis, the book demonstrates this new way of thinking and describes the current challenges facing economic policy. It will appeal to economists and students of economics who are interested in macroeconomic theory and its economic policy implications.An impressive, and convincing theoretical dive into the fundamentals behind secular stagnation, with very strong implications for actual debt policy. Public debt may be needed to improve welfare.- Olivier Blanchard, Senior Fellow at the Peterson Institute for International Economics and Professor of Economics Emeritus at Massachusetts Institute of Technology (MIT). Chief Economist at the International Monetary Fund from 2008 to 2015. Saving and Investment in the Twenty-First Century gives a wholly new perspective on macroeconomics. (...) Weiz-s瓣cker and Kr瓣mer describe a simple, practical solution to the underemployment that has plagued Southern Europe for more than a decade.- George Akerlof, Nobel Laureate in Economics, 2001. Professor at the McCourt School of Public Policy at Georgetown University and Professor of Economics Emeritus at the University of California, Berkeley. This is a profound and original contribution that can help us to understand and act on the great issues of our times.- Nicholas Stern, Grantham Research Institute on Climate Change and the Environment at the London School of Economics. Author of the Stern Review Report on the Economics of Climate Change. Chief Economist at the World Bank from 2000 to 2003.
Foreign Banks and Global Finance in Modern China
In this wide-ranging study, Ghassan Moazzin sheds critical new light on the history of foreign banks in late nineteenth and early twentieth century China, a time that saw a substantial influx of foreign financial institutions into China and a rapid increase of both China's foreign trade and its interactions with international capital markets. Drawing on a broad range of German, English, Japanese and Chinese primary sources, including business records, government documents and personal papers, Moazzin reconstructs how during this period foreign banks facilitated China's financial integration into the first global economy and provided the financial infrastructure required for modern economic globalization in China. Foreign Banks and Global Finance in Modern China shows the key role international finance and foreign banks and capital markets played at important turning points in modern Chinese history.
Rebooting Local Economies
A prosperous future for your community is in your hands!Make your community a better place to live, work and play!Why do some communities thrive and grow while others struggle and decline? Smart communities know how to attract and nurture the kinds of businesses and organizations they want to create a vibrant economy and higher quality of life.The more that elected officials and all residents know about community and economic development the more the community will prosper. How to Build Prosperous Communities is a practical guide to help communities reach their goals for prosperity. Numerous examples throughout the book show how communities and regions of all sizes have attained and maintained prosperity in a constantly changing environment.The book is based on the authors' years of experience helping communities and regions across the country and around the world create their roadmaps to prosperity with better jobs, improved public services, and enhanced amenities.
Mumbai Metro Transforming Transport
This book discusses the paradigm shift and benefits that the Mumbai Metro can bring in the public transportation scenario for millions of people in the Mumbai Metropolitan Region. Mumbai is the financial capital of India and one of the world's most densely populated cities. The Mumbai Metro will provide equal access for all to a modern, comfortable, and high-quality daily commuting transport option. It will feature safety designs (especially for the vulnerable sectors), ease traffic congestion, and reduce vehicular emissions, thereby contributing toward making Mumbai a more equitable, safer, and cleaner city.
Statistical Properties in Firms' Large-scale Data
This is the first book to provide a systematic description of statistical properties of large-scale financial data. Specifically, the power-law and log-normal distributions observed at a given time and their changes using time-reversal symmetry, quasi-time-reversal symmetry, Gibrat's law, and the non-Gibrat's property observed in a short-term period are derived here. The statistical properties observed over a long-term period, such as power-law and exponential growth, are also derived. These subjects have not been thoroughly discussed in the field of economics in the past, and this book is a compilation of the author's series of studies by reconstructing the data analyses published in 15 academic journals with new data. This book provides readers with a theoretical and empirical understanding of how the statistical properties observed in firms' large-scale data are related along the time axis. It is possible to expand this discussion to understand theoretically and empirically how the statistical properties observed among differing large-scale financial data are related. This possibility provides readers with an approach to microfoundations, an important issue that has been studied in economics for many years.
Africa's Agricultural Renaissance
This book addresses the paradox between preponderance of hunger in a continent that is well endowed with fertile agricultural land, plenty of fresh water and a vibrant labor force. As some statistics show, close to 60% of arable land in the world is located in Africa which also has several rivers flowing in all seasons and plenty of underground water. The bulk of its labor force thrives on agriculture, yet the continent's largest import item is food. 23 of 36 the most malnourished countries also belong in Africa. This has caused significant needless human suffering. This book goes beyond providing the traditional framework of supplying policy recommendations to delivering an applied, innovative framework upon which policymakers, the private sector and international institutions can take clear and deliberate action to stimulate Africa's agricultural sector, thus responding to the 2030 Agenda for Sustainable Development.
Measuring Eu Inflation
The HICP is a consumer price index which was designed to provide measures of inflation in EU member states calculated using similar methods and thus comparable one with another. The HICP now tracks the inflation rates covering over 500 million Europeans, including the UK, and is also produced by other countries such as the USA. John Astin was the EU statistician in charge of the initial development of this important index and he has the best knowledge of how it was developed in the 1990s. This book is a history of the main development period of the HICP, up to the year 2002 when Astin left the European Commission. It will be of interest to a wide range of readers, not only in the UK but globally. Types of readers are likely to include: economists, economic statisticians, national statistics offices, universities, libraries, government finance/economic ministries, international organizations such as UN, ILO, OECD, EU, Eurostat, ECB, and central banks, as well as individuals who are interested in the construction of consumer price indices. This book begins by explaining the background to the HICP project, both from an economic and a political viewpoint, and describes the specific needs for harmonized price indices resulting from the Maastricht treaty of 1992. It analyses the process of establishing the necessary procedures for taking this urgent work forward and gives details of the technical issues involved, and the critical issue of drafting legal acts which would be necessary to ensure full compliance with the new rules. It includes analysis of products, price collection issues, quality adjustment, timing, and a host of other issues, and discusses the arguments which had to be resolved, as well as some human aspects of the process too. It also looks at the funding aspects, the recruitment of specialist consultants, the legal processes and the organization of meetings, both in Luxembourg and in other countries.
Sexuality and Consumption
In western societies today, it goes almost without saying that sex and consumption are closely related. On the one hand, there is a plethora of commercial goods and services that shape sexual desires, and practices. On the other, there are scarcely any products or services that do not lend themselves to sexually charged advertising and mass media communication. This volume focuses on forms of hybridization of these equally suggestive notions.
The Labor of Reinvention
From start-up founders in the Chinese equivalent of Silicon Valley to rural villages experiencing an e-commerce boom to middle-class women reselling luxury goods, the rise of internet-based entrepreneurship has affected every part of China. For many, reinventing oneself as an entrepreneur has appeared to be an appealing way to adapt to a changing economy and society. Yet in practice, digital entrepreneurship has also reinforced traditional Chinese ideas about state power, labor, gender, and identity. Lin Zhang explores how the everyday labor of entrepreneurial reinvention is remaking China amid changing geopolitical currents. She tells the stories of people from diverse class, gender, and age backgrounds across rural, urban, and transnational settings in rich detail, providing a multifaceted and ground-level view of the twenty-first-century Chinese economy. Zhang explores the surge in digital entrepreneurialism against the backdrop of global financial crises, the U.S.-China trade war, and the COVID-19 pandemic. She argues that the rise of internet-based industries and practices has simultaneously empowered and exploited digital entrepreneurs and laborers. Despite embracing high-tech innovation, state-led entrepreneurialization does not represent a radical break with the past. It has provided a means for implementing developmental goals while retaining the importance of the traditional family and generating new inequalities. Shedding new light on global capitalism and the digital economy by centering a non-Western perspective, The Labor of Reinvention vividly conveys how the contradictions of entrepreneurialism have played out in China.
Corporate Governance and Economic Development
This book explores the links between different corporate governance systems and their impact on economic development. It focuses on how institutional reforms, legislative changes and codified measures have influenced performance at the firm and country level. Drawing on detailed cases from the UK, USA, China, India, Poland, Brazil, Russia and South Africa, this book takes a truly international and comparative approach to understanding the relationship between regulatory frameworks and economic development. This will be a valuable text for students and researchers of economic development, corporate governance, international political economy, and economic and business history.
The Politics of Structural Adjustment in Nigeria
Examines the impact of structural adjustment policies on Nigeria. The economic crisis in the Nigerian economy in 1982 was triggered, though not necessarily caused by, the collapse of the world oil market. The Nigerian state adopted a structural adjustment programme which was approved by the World Bank and the IMF - that decision raised questions about the nature of the crisis and the appropriateness of free market policies in tackling it. Nigeria: HEBN
Adjusting to the New World Economy
Professor Czinkota shares with us his practical insights into the modern world trading system and the complexities that exist within. It provides an invaluable framework for future global leaders in their endeavors to solve global trade crises and find opportunities for furthering the free flow of goods and services across borders.It is rare to find such practical insights into the rationale of why the world is what it is today and makes for some interesting guidance for the future. Anyone who reads this book will be better equipped to tackles the challenges of operating in the world economy and working their way out of conflicts.The book also addresses the weaknesses present in current world structures, such as the World Trade Organization and its inability to suppress China, guiding the reader on how to achieve business success in a world of instability and diplomatic tensions. The concept of Curative International Marketing is a unique framework fathered by Professor Czinkota and is deeply explored in this book.
A Bubble that Broke the World
A Bubble That Broke the World is a collection of articles by American journalist and author Garet Garrett. The work seeks to answer the question: "What truly caused the stock market crash of 1929, and the ensuing depression?" Garet Garrett (1878-1954) began his journalism career at age 20, writing for the Cleveland Recorder in Chicago. Soon he was reporting on the McKinley administration from Washington, D.C. for the Washington Times. In 1900, he moved to New York where he would eventually write for the New York Sun, New York Times, Wall Street Journal, New York Evening Post, and Saturday Evening Post. Rather than simply report dry facts, as most other business reporters did at the time, Garrett was unique for the way he brought life to these events. He infused his pieces with drama and personality, making his non-fiction and later fiction works so popular.Through his books and his novels, it was clear that Garrett was a proponent of the free market. His novel Harangue: The Trees Said to the Bramble Come Reign Over Us depicts a failed socialist experiment and decries the tendency of the wealthy to fund the socialism that will be their downfall.In 1932, Garrett published A Bubble That Broke the World, his explanation for the stock market crash of 1929 and the depression that followed-still gripping the country at the time of the book's release. The book is a collection of seven articles originally published in the Saturday Evening Post. Edited and compiled into one work, the articles are included in reverse order from when they were originally published. Garrett argues that the crash of '29 was caused primarily by the American government's policy of over-issuing credit to foreign countries during and after World War I. In this contemporary account, written while the effects of the Great Depression were still being felt, Garrett explains that it is not capitalism that caused the trouble, but issuing credit to foreign powers that used it for non-wealth-building activities like public works and supporting inflated currencies. To make matters worse, a great deal of the credit issued went to Germany, which had been decimated by the war. Germany borrowed to pay its exorbitant debts to the rest of the European nations. And the European powers used that money to repay their debts to the United States. In effect, the American Treasury was repaying itself. Private debt followed, with investors clamoring to buy guaranteed foreign government bonds. With so much credit issued to European countries both publicly and privately, investment in domestic growth dwindled. And with so little money invested in wealth building and manufacture, a collapse was inevitable. Garrett's opinion held that a market correction was needed, and that an unfettered free market was the best tool to make that correction. This was a far cry from the accepted wisdom of President Franklin D. Roosevelt, whose New Deal relied on public works and financial reforms to encourage economic growth. A Bubble That Broke the World is a fascinating contemporary account of the economic crisis of the 1930s. Modern-day scholarship about that era focuses heavily on the New Deal, but is less vocal about the other viewpoints at the time. By studying the writing of Garet Garrett, we get a helpful reminder that history is more complicated than neat retellings would imply. Unflinchingly steadfast in what he believed, Garrett would today be called a libertarian. He believed that free markets and minimal government intervention were the solution to the problems of the 1930s, and he would believe the same today.
A Bubble that Broke the World
A Bubble That Broke the World is a collection of articles by American journalist and author Garet Garrett. The work seeks to answer the question: "What truly caused the stock market crash of 1929, and the ensuing depression?" Garet Garrett (1878-1954) began his journalism career at age 20, writing for the Cleveland Recorder in Chicago. Soon he was reporting on the McKinley administration from Washington, D.C. for the Washington Times. In 1900, he moved to New York where he would eventually write for the New York Sun, New York Times, Wall Street Journal, New York Evening Post, and Saturday Evening Post. Rather than simply report dry facts, as most other business reporters did at the time, Garrett was unique for the way he brought life to these events. He infused his pieces with drama and personality, making his non-fiction and later fiction works so popular.Through his books and his novels, it was clear that Garrett was a proponent of the free market. His novel Harangue: The Trees Said to the Bramble Come Reign Over Us depicts a failed socialist experiment and decries the tendency of the wealthy to fund the socialism that will be their downfall.In 1932, Garrett published A Bubble That Broke the World, his explanation for the stock market crash of 1929 and the depression that followed-still gripping the country at the time of the book's release. The book is a collection of seven articles originally published in the Saturday Evening Post. Edited and compiled into one work, the articles are included in reverse order from when they were originally published. Garrett argues that the crash of '29 was caused primarily by the American government's policy of over-issuing credit to foreign countries during and after World War I. In this contemporary account, written while the effects of the Great Depression were still being felt, Garrett explains that it is not capitalism that caused the trouble, but issuing credit to foreign powers that used it for non-wealth-building activities like public works and supporting inflated currencies. To make matters worse, a great deal of the credit issued went to Germany, which had been decimated by the war. Germany borrowed to pay its exorbitant debts to the rest of the European nations. And the European powers used that money to repay their debts to the United States. In effect, the American Treasury was repaying itself. Private debt followed, with investors clamoring to buy guaranteed foreign government bonds. With so much credit issued to European countries both publicly and privately, investment in domestic growth dwindled. And with so little money invested in wealth building and manufacture, a collapse was inevitable. Garrett's opinion held that a market correction was needed, and that an unfettered free market was the best tool to make that correction. This was a far cry from the accepted wisdom of President Franklin D. Roosevelt, whose New Deal relied on public works and financial reforms to encourage economic growth. A Bubble That Broke the World is a fascinating contemporary account of the economic crisis of the 1930s. Modern-day scholarship about that era focuses heavily on the New Deal, but is less vocal about the other viewpoints at the time. By studying the writing of Garet Garrett, we get a helpful reminder that history is more complicated than neat retellings would imply. Unflinchingly steadfast in what he believed, Garrett would today be called a libertarian. He believed that free markets and minimal government intervention were the solution to the problems of the 1930s, and he would believe the same today.
Understanding Global Crises
Understanding Global Crises is an innovative and interdisciplinary text, which investigates the key contemporary economic, social and environmental crises, and demonstrates their deep interconnection, providing a conceptual framework to understand the current global landscape.
Trade Links
The World Trade Organization is undergoing an existential crisis. Trade links the world not only through the flow of international commerce in goods, services, and ideas; but also through its economic, environmental, and social impacts. Trade links are supported by a WTO trading system founded on rules established in the 20th century which do not account for all the modern changes in the global economy. James Bacchus, a founder of the WTO, posits that this global organization can survive and continue to succeed only if the trade links among WTO members are revitalized and reimagined. He explains how to bring the WTO into the twenty-first century, exploring the ways it can be utilized to combat future pandemics and climate change and advance sustainable development, all while continuing to foster free trade. This book is among the first to comprehensively explain the new trade rules needed for our new world.
Restoring Sustainable Macroeconomic Policies in the United States
By looking at the macroeconomic frameworks and experiences of countries such as Germany, Sweden, and Switzerland, Restoring Sustainable Macroeconomic Policies in the U.S. presents a way for the United States to normalize fiscal and monetary policy in order to achieve sustainable debt in the post-COVID-19 era.
Strong Money Demand in Financing War and Peace
This book theoretically and empirically investigates the emergence of strong money demand in wartime Japan (1937-1945), its disappearance after the end of the war (1945-1949), and the reemergence of strong money demand in contemporary Japan (from 1995 to the present) in terms of the effects on fiscal activities and the price level. An augmented fiscal/monetary theory of the price level is constructed from a close examination of the strong money demand present in these periods. Then, profoundly puzzling phenomena such as mild deflation despite monetary expansion, low long-term interest rates despite fiscal unsustainability, and weak aggregate demand despite near-zero rates of interest, all of which are actually being observed in contemporary Japan, can now be interpreted in line with the above augmented theory. In the present, strong money demand at near-zero rates endows the Japanese government with maximum fiscal flexibility. However, if it disappeared for some reason, prices would surge to the quantity theory of money level, and fiscal sustainability would have to be restored. In the future, alternative currency units issued by private banks might carry out a purge of such strong demand for the yen.
Industrial Development in Modern China
As the second volume of the two-volume Industrial Development in Modern China: Comparisons with Japan that studies the different paths of industrialization and economic modernization between China and Japan, this book explores the process of economic and industrial development in the Republic of China (1912-1949).
Fostering Regional Cooperation and Integration for Recovery and Resilience
This guidance note explains how wider, deeper, and more open regional cooperation and integration in Asia and the Pacific can support resilience and recovery from the pandemic. The publication identifies opportunities for regional cooperation and integration to complement national efforts in fostering an inclusive, sustainable, and resilient recovery. Cooperation can be widened to include regional health security, trade in ICT-enabled services, and financial safety nets. It can be deepened to reach more stakeholders and sectors. It can also become more open through flexible collaboration beyond existing subregional frameworks and greater sharing of knowledge and expertise.
Doing Applied Linguistics
The performance figures achieved by the Rwandan economy for the past three decades demonstrate an exceptional growth in real GDP. They are of real interest for economists because Rwanda has been in a state of almost perpetual war during that time, whether through internal conflict or through international wars conducted directly or through proxies and militias. This book examines the accuracy of these figures and asks why, despite such growth, Rwanda remains a country of marked inequality and poverty.
The Belgian Congo as a Developmental State
This book challenges assumptions that poor post-colonial economic performance is always a direct product of colonialism by reconsidering the Belgian Congo (1908-1959) as a developmental state. It encourages researchers and students to reconsider the dominant narratives within colonial history, development, and African Studies.
Technological Innovation, Globalization and the Cold War
This volume focuses on the interconnections between the Cold War, technological innovation and globalization.
A General Theory of Equilibrium Selection in Games
The authors, two of the most prominent game theorists of this generation, have devoted a number of years to the development of the theory presented here, and to its economic applications. They propose rational criteria for selecting one particular uniformly perfect equilibrium point as the solution of any noncooperative game. And, because any cooperative game can be remodelled as a noncooperative bargaining game, their theory defines a one-point solution for any cooperative game as well. By providing solutions - based on the same principles of rational behavior - for all classes of games, both cooperative and noncooperative, both those with complete and with incomplete information, Harsanyi and Selten's approach achieves a remarkable degree of theoretical unification for game theory as a whole and provides a deeper insight into the nature of game-theoretic rationality. The book applies this theory to a number of specific game classes, such as unanimity games; bargaining with transaction costs; trade involving one seller and several buyers; two-person bargaining with incomplete information on one side, and on both sides. The last chapter discusses the relationship of the authors' theory to other recently proposed solution concepts, particularly the Kohberg-Mertens stability theory.
The Origins and Dynamics of Inequality
Argues that the struggle over income, wealth, status and privilege-inequality-has been the principal, defining issue in human history and provides a novel framework for understanding inequality today Whereas President Barack Obama declared inequality as the defining issue of our time, in The Origins and Dynamics of Inequality, Jon D. Wisman claims more: it is the defining issue of all human history. The struggle over inequality has been the underlying force driving human history's unfolding. Drawing on the dynamics of inequality, Wisman re-interprets economic history and society. Beyond according inequality the central role in history, this book is novel in two other respects: First, transcending the general failure of social scientists and historians to anchor their work in explicit theories of human behaviour, this book grounds the origins and dynamics of inequality in evolutionary psychology, or more specifically, Darwin's theory of sexual selection. Second, this book accords central importance to ideology in legitimating inequality, a role typically inadequately addressed by social scientists and historians. Because of the central role of inequality in history, inequality's explosion over the past forty years has not been an anomaly. It is a return to the political dynamics by which elites have, since the rise of the state, taken practically everything for themselves, leaving all others with little more than the means with which to survive. Due to elites' persuasive ideology, even after workers in advanced capitalist countries gained the franchise to become the overwhelming majority of voters, inequality continued to increase. Sweeping and provocative, Jon D. Wisman presents a fresh perspective on why economic inequality exists and how its dynamics have shaped human history.
Reflections on the Economy of Rwanda
The performance figures achieved by the Rwandan economy for the past three decades demonstrate an exceptional growth in real GDP. They are of real interest for economists because Rwanda has been in a state of almost perpetual war during that time, whether through internal conflict or through international wars conducted directly or through proxies and militias. This book examines the accuracy of these figures and asks why, despite such growth, Rwanda remains a country of marked inequality and poverty.
Cheap Street
Cheap street is a lively and scholarly account of London's street markets, which were an overlooked site of urban modernity and the most vigorous outgrowth of the informal economy that flourished below and beyond the recognised institutions of the consumer city. Kelley brings together design and material culture history, urban studies and social and cultural history to analyse the street markets' distinct characteristics. These included the flaring naked flames of their naphtha lights, their impermanent yet persistent unofficial occupation of space, and the noisy performative selling that took place there. The result is a new interpretation of London's urban geographies, moving beyond the accepted view of the West End as the consumer city and the East as the city of poverty, and demonstrating that the informality of the street markets was a powerful force in shaping representations of London and its people.
International Trade and Economic Growth (Collected Works of Harry Johnson)
The studies collected in this volume embody the results of research conducted in the mid 1950s into various theoretical problems in international economics. They fall into three groups - comparative cost theory, trade and growth and balance of payments theory. This volume consolidates the work of previous theorists and applies mathematically-based logical analysis to theoretical problems of economic policy.
Aspects of the Theory of Tariffs (Collected Works of Harry Johnson)
An internationally acknowledged authority on all aspects of the theory of international trade and payments, this book collects Harry Johnson's contributions to the study of international trade, including a critique of the theory of effective protection.
Ageing, Long-Term Care Insurance and Healthcare Finance in Asia
This book uses a revised version of Kingdon's multiple-streams framework to examine health financing reforms in China, Hong Kong, Taiwan and the Republic of Korea (ROK) as well as long-term care insurance (LTCI) reforms in Japan and Singapore.
What Made Korea’s Rapid Growth Possible?
This book advances a counterargument that Korea's rapid growth was achieved not because of interventionist policies and also explicitly considers the influence of the world market size on the pace of industrialization.
Governing Cities
This book offers the latest research on three issues of crucial importance to Asian cities: governance, liveability, and sustainability. The book examines Asian urbanization, and interweaves practical cases with theories and empirical rigour while lending insight and complexity into the towering challenges of urban governance.
Regional Integration, Trade and Industry in Africa
This book examines the past, present and prospects of regional economic integration in Africa. The empirical analysis ranges from unions formed during the years following independence, to the proposed African Continental Free Trade Area (AfCFTA), which aims to remove trade barriers between all 55 African states. In addition, the book explores to what extent Africa's Regional Economic Communities (RECs) have advanced in accordance with a linear integration model of goods, labor and capital markets.The book subsequently evaluates the suitability of the European model of deep integration with costly institutions for the conditions specific to Africa, considering, for example, the role of informal and non-recorded trade. Stylized cases of regional division of labour with increasing returns and imperfect competition are introduced to support the economic integration logic. Past and current economic policies in Africa are scrutinized to answer the question: how can African regions best foster new manufacturing industries and value chains across the continent? In conclusion, the book outlines content and processes of Common Industrial Policy in the African regions. The book also addresses the controversial issue of international trade agreements between developing countries and the European Union or the USA and investigates whether these agreements impede or promote economic development in Africa. The book includes a detailed roadmap describing how to improve key clauses of agreements for economic partnership in the interest of African countries. In closing, it outlines a new vision of joint sustainable development for Africa and Europe.
Agricultural Policy, Agribusiness, and Rent-Seeking Behaviour, Third Edition
Costing billions of dollars annually, international trade in agricultural products is impactful and influenced by several factors, including climate change, food policy, and government legislation. The third edition of Agricultural Policy, Agribusiness, and Rent-Seeking Behaviour provides comprehensive economic analyses of the policies that affect agriculture and agribusiness in Canada and the United States.Looking at current agricultural policies, the third edition includes new chapters on food pyramids, climate change, and GMOs, while also highlighting the effect of international policies on Canadian trade, including the problematic US ethanol policy. The new edition addresses current issues, including how the COVID-19 pandemic has negatively affected agricultural value chains and played a hand in the ongoing growth in opioid use. Including a number of key findings, and discussing current debates on topics including foreign ownership of Canadian farmland, Agricultural Policy, Agribusiness, and Rent-Seeking Behaviour will appeal to students in agricultural economics and policy, as well as policymakers, agricultural firms, energy companies, and readers wishing to reduce their nation's carbon footprint.
Handbook of Agricultural Economics
Handbook of Agricultural Economics, Volume Six highlights new advances in the field, with this new release exploring comprehensive chapters written by an international board of authors who discuss topics such as The Economics of Food Loss and Waste, Empowering Communities Using an Integrated Design of Food Networks, Concentration in Food and Agricultural Markets, Agriculture and trade, Producers, Consumers, and Value Chains in Developing Countries, The Multiple Burdens of Malnutrition: Dietary Transition and Food System Transformation in Economic Development, Psychophysiological Measures and Consumer Food Choice, and The Economics of Health and Nutrition Related Food Policies: The Effects on the Public Health and Malnutrition.
Profit, Accumulation, and Crisis in Capitalism
By studying Marx's theory predicted long-term movement of the profit rate and its impact on capital accumulation, this book may provide insight into whether the Chinese economy is heading into a crisis as China's profit rate approaches levels that historically were associated with major crises in other capitalist economies.
Attaining the 2030 Sustainable Development Goal of Decent Work and Economic Growth
Attaining the 2030 Sustainable Development Goal of Decent Work and Economic Growth focuses on Sustainable Development Goal number eight (SDG8): inclusive and sustainable economic growth and productive employment for all. Examining family businesses in Brazil, UK, Australia, and Algeria, each case study presents a unique perspective from their respective countries of how the SDG8 translates into culture and the practice of doing business, providing insights and key takeaways into how family businesses can play a role promoting decent work and economic growth. The United Nations' (UN) Sustainable Development Goals (SDGs) are 17 Goals pledged by 193 nations in 2015 which would help engender an improved, fairer, and more sustainable world - one in which 'no one is left behind'. The SDGs are a call to action, to develop innovative solutions to the most complex, societal, and environmental global challenges. In Family Businesses on a Mission, series editors Naomi Birdthistle and Rob Hales bring together international case studies to illustrate how family businesses can attain the UN 2030 SDGs. Accessible to those working in the field beyond academia - such as family business practitioners, family business owners, government and policymakers, members of NGOs, business associations and philanthropic centres - the book series equally appeals to those with a general interest in entrepreneurship and business.
The Economics of Farm Management
Future farm managers need a range of tools and knowledge to run successful businesses, and this accessible textbook provides the required foundations from economics and management, applied to the farm context.
Who's to Blame for Greece?
This expanded and enlarged third edition of Theodore Pelagidis and Michael Mitsopoulos' popular Who's to Blame for Greece? covers almost a decade of Greece's economic crisis from 2009 to 2019, as well as recent developments in the first months of 2020. It provides an overview of recent developments in the Greek economy and outlines the most important obstacles to a return to robust and sustainable growth rates. It considers the new optimism being developed in Greece after the crisis, but also the policy challenges facing Greece emanating from a deeply hurt economy in the aftermath of the crisis and the structural problems that persist. The book covers the most recent issues that affect the Greek economy including, the migration crisis at the borders with Turkey as well as a faltering global economy hit by the Covid-19 pandemic. This book will appeal to researchers, practitioners and policy makers interested in the EU and the political economy of Greece andoffers valuable updates on the second edition.
The Political Economy of State Intervention
Through a re-examination of state intervention in the USA and Britain over the course of the "long depression" (1970-to date), this book argues that the state has performed an increasingly significant role in conserving capital.
