These proceedings from the 2012 symposium on "Chaos, complexity and leadership"  reflect current research results from all branches of Chaos, Complex Systems and their applications in Management. Included are the diverse results in the fields of applied nonlinear methods, modeling of data and simulations, as well as theoretical achievements of Chaos and Complex Systems. Also highlighted are  Leadership and Management applications of Chaos and Complexity Theory.

The recent world economic crisis showed very clearly that financial crises and sovereign defaults are severe threats to economic and social prosperity. In addition, it became apparent that currency crises and banking crises often occur together and are closely related to sovereign debt crises and defaults. The present book contains new research on various important issues related to financial crises and sovereign default risk by leading experts in the field. The book discusses new modelling approaches to financial crises, defaults and their interdependencies. It also sheds light on the consequences of different sorts of crises for the trust in the institutions which are concerned with managing them. Moreover, it provides discussions of several institutional features of the EMU and the world financial system and in particular the risks inherent in these institutions. The book also includes interesting suggestions for solving crises and improving financial stability.

​This publication provides insight into the agricultural sector. It illustrates new tendencies in agricultural economics and dynamics (interrelationship with other sectors in rural zones and multifunctionality) and the implications of the World Trade Organization negotiations in the international trade of agricultural products. Due to environmental problems, availability of budget, consumer preferences for food safety and pressure from the World Trade Organization, there are many changes in the agricultural sector. This book addresses those new developments and provides insights into possible future developments. The agricultural activity is an economic sector that is fundamental for a sustainable economic growth of every country. However, this sector has many particularities, namely those related with some structural problems (many farms with reduced dimension, sometimes lack of vocational training of the farmers, difficulties of put the farmers together in associations and cooperatives), variations of the productions and prices over the year and some environmental problems derived from the utilization of pesticides and fertilizers.

This volume is a comprehensive and rigorous exploration of intertwined issues surrounding the EU's democracy and legitimacy, written in the turbulent context of the financial crisis. The chapters are woven together under four interconnected thematic sections that examine: rapidly growing national euroscepticism; the Economic Monetary Union and its legitimacy; the future of EU integration; and democratic deficit(s) across its internal & external structure. The volume presents an authoritative collection of research results and surveys by experts in various disciplines related to the EU, and is addressed to researchers and students examining EU governance, representation and accountability, as well as practitioners across a multiplicity of fields.

This book focuses on international relations in the Indian Ocean region and examines bilateral and multilateral relations in the Indo-Pacific region. Written by leading researchers in the fields of international studies and Indian Ocean studies, the report provides a strategic review, major events and related data in this region. It is divided into three major parts: the General Report examines new characteristics in the relations between great powers, the strategic landscape of South Asia and the Indian Ocean region, and strategic competition and multilateral relations in the Indo-Pacific region. The second part explores current bilateral relations: India-Myanmar, Sino-Myanmar, Sino-India, US-Myanmar, and Japan-Myanmar, while the third highlights issues such as Myanmar’s democratization, India and TPP. Despite the turmoil in this region, the report shows that it will predominantly be one characterized by peace, development and cooperation in the years to come. At the same time, it is vital that a new type of great power relations be established to ensure peace and prosperity in the Indian Ocean region. In closing, the report puts forward a number of suggestions for improving relations between China and Indian Ocean countries.

This book analyses Germany's role in the euro crisis. Based on the perception of Berlin as the emerging capital of the European Union, the author investigates three interrelated issues: Did the German policy approach of imposing austerity programs on countries in the middle of a deep recession contribute to the successful management of the euro crisis? Does Germany extend its sway over its European partners by forcing them to surrender to the German diktat of fiscal Disziplin and economic efficiency? Is the stubborn insistence on rigid fiscal adjustment another ominous sign of the Berlin Republic moving away from the country's traditional European vocation toward an imperial leadership role? The book's main argument is that Germany's role in and responses to the euro crisis can best be explained by different concepts of self, historical memory, and institutional practices.

The volume discusses what the Turkish Model, or Turkish Development Alternative, was and why it was promoted in the Central Asian republics immediately following the dissolution of the Soviet Union. It argues that the Turkish Model was a myth that transferred the ideal of a ''secular, democratic, liberal society'' as a model for the post Soviet Turkic world and in the process encouraged a ''Turkic" rhetoric that emphasized connection between the two regions based on a common ancestry. The volume begins with an understanding of the reality of the Model from a Turkish perspective and then goes on to examine whether the Turkic world as a "cultural-civilizational alternative" makes sense both from a historical as well as contemporary perspective. It concludes by looking at the re-emergence of the Model in the wake of the events in West Asia in early 2011 and examines how in the light of a search for options the Turkish Model is once again projected as viable.

Volume 34 contains articles on the economic history of Europe, North America and South America and brings new analysis, and newly created datasets to address issues of interest. Two of the papers present newly constructed datasets. In "Prices, Wages and the Cost of Living in Old Republic Sao Paulo: 1891-1930", Ball presents a newly constructed real wage index. Sao Paulo was the main destination for immigrants to Brazil in this period, but there has never before been sufficient data to analyse why. In "Multiple Core Regions: Regional Inequality in Switzerland, 1860 to 2008", Stohr uses the wealth of available Swiss data on agriculture and employment to create GDP measures for subregions in Switzerland. He uses these data to argue that aggregate inequality in Switzerland was low in the initial push to industrialization because there were multiple, similar centers industrializing simultaneously, thus mitigating inequality across regions. Two of the papers gather together existing data so that it can be analysed for the first time in a consistent manner. In "The forgotten half of finance: working-class saving in late nineteenth-century New Jersey", Bodenhorn uses previously unexplored consumer surveys to characterize the savings behavior of the working class. And in "Heights across the last 2000 years in England", Galofre-Vila, Hinde, and Guntupalli gather all existing skeletal data for England for 2000 years to create a consistent longitudinal height series. They compare the series to height series of other regions as well as other measures of well being in England. And finally, in "Monetary Policy and the Copper Price Bust: A Reassessment of the Causes of the 1907 Panic", Rogers and Payne dig into the details of copper prices to discover the link between the Bank of England's contractionary monetary policy and changes in real asset prices. Their findings have important implications for understanding the mechanisms of monetary policy.

This book presents an overview of the economics and politics implemented in the European Union and especially the Eurozone during the crisis of 2008-2012. Although it focuses on these four years, the analysis starts from the establishment of the European Union and covers the period up to the outbreak of the Cypriot banking crisis in mid-2013. The long-term creation of structural changes in European economics and politics is associated with a growth lag within the global economic environment dynamics. The economic and political consequences of the crisis and the development of new institutions will shape the future growth dynamics towards a Fragmented European Federation.

This book brings together the work of researchers in Eastern and Western Europe, who analyze competitiveness, social exclusion and sustainability from a range of perspectives. It examines the key challenges faced by the EU in its efforts to establish a socially inclusive and greener path to growth and develops policy recommendations to simultaneously achieve the EU 2020 agenda’s long-term goals and address the current economic crisis in Europe.

This book explores the reasons behind Europe’s poor performance in terms of overall growth and its progressively diminishing role in the global context. Recognizing that the big challenge is to restore confidence and hope in Europe, potential solutions are discussed. The volume comprises a selection of contributions to the XXVI Villa Mondragone International Economic Seminar (Rome, 2014), the most recent of a series of seminars that have provided outstanding scholars with an opportunity to discuss key topics in economic research. In recent years the persistence of high unemployment and low growth has increased the Euroscepticism that has targeted the euro and the Brussels bureaucracy. Readers will find this book a fascinating source of information on current thinking regarding topics such as European industrial policy, European governance, unemployment, the euro and competitiveness, trade and financial integration, the Transatlantic Trade and Investment Partnership, anticorruption policies, and energy and climate policies. In particular, it examines the structural reforms and commitment to development that will be required for Europe to become a region characterized by social justice, dynamism, and opportunities for all.

The book analyzes the topic of judicial reforms in four countries of South-East Europe, focusing on two specific factors that have influenced the reforms in the past two decades: the role played by the European Union in light of the east Enlargement process and the legacies of the communist regimes. Specifically, the aim is to account for similarities and differences in the reform paths of Slovenia, Romania, Croatia, and Serbia. In each country, in fact, the influence of the EU policies has been differently mediated by national factors that, broadly conceived, may be considered as expressing the legacies of the past regimes. In some cases, these legacies challenged judicial reforms and inhibited the influence of the EU; in other cases, they were positively overcome by following the route suggested by the EU. Some explanatory factors for these differences will be proposed drawing from democratization studies, Europeanization literature, and comparative judicial systems. The book focuses on countries having different status vis-a` -vis the EU and differently involved, in term of timing, in the EU accession process: some of them are new member states entered in 2004 (Slovenia) or in 2007 (Romania); others were, until recently, acceding countries (Croatia) or candidates to the membership (Serbia). This comparison allows investigation of the power of EU conditionality in different phases of the EU enlargement process. vis-a` -vis the EU and differently involved, in term of timing, in the EU accession process: some of them are new member states entered in 2004 (Slovenia) or in 2007 (Romania); others were, until recently, acceding countries (Croatia) or candidates to the membership (Serbia). This comparison allows investigation of the power of EU conditionality in different phases of the EU enlargement process.

This book explores the reactions to Europeanization and globalization in times of economic distress, including the transformation of European values in national legal cultures. The authors explore how European values, tradition and new legal challenges interconnect and dictate the paths of transition between old and new Europe. The first chapter starts with a question: can Roman Legal Tradition play a role of identity factor towards a New Europe? Can it be considered as a general value identifying new Europe, built on a minimum core of principles - persona, dominum, obligation, contract and inheritance - composing the whole European private law tradition? Subsequent chapters attempt to provide possible responses to the question: what is Europe today? The answers diverge, depending on the research area. The inherent dichotomy of human rights protection in Europe and the concept of 'one law, one court' are investigated in the second chapter, whereas the third chapter focuses on asylum and the interrelation and interdependence of the Court of Justice of the EU and the European Court of Human Rights. The next three chapters concentrate on matters of equal treatment and non-discrimination. The first contribution in this part reflects on the crisis and methodological and conceptual issues faced by modern anti-discrimination law. It is followed by a specific analysis of the empowerment of women or gender-balancing in company boards. The third contribution reveals the impact of the Croatian anti-discrimination law on private law relations. The next chapter deals with the issue of social rights in Croatia and the method of their regulation in the context of the new European values. The immense challenges posed by the market integration imperative and democratic transition have brought about different reactions in the national legal systems and legal cultures of both old and new Member States. As such, Europe has effectively been reunited, but what about the convergence of national legal cultures? This is the focal point of the remaining chapters, which focus on various issues, from internal market, competition law, consumer welfare, liberalization of network industries to the EU capital market. The magnitude of EU activity in these areas offers conclusive evidence that old and new paradigms are evolving and shaping the future of the EU.

One of the primary functions of law is to ensure that the legal structure governing all social relations is predictable, coherent, consistent and applicable. Taken together, these characteristics of law are referred to as legal certainty. In traditional approaches to legal certainty, law is regarded as a hierarchical system of rules characterized by stability, clarity, uniformity, calculable enforcement, publicity and predictability. However, the current reality is that national legal systems no longer operate in isolation, but within a multilevel legal order, wherein norms created at both the international and regional level are directly applicable to national legal systems. Also, norm creation is no longer the exclusive prerogative of public officials of the state: private actors have an increasing influence on norm creation as well. Social scientists have referred to this phenomenon of interacting and overlapping competences as multilevel governance. Only recently have legal scholars focused attention on the increasing interconnectedness (and therefore the concomitant loss of primacy of national legal orders) between the global, European and national regulatory spheres through the concept of multilevel regulation. In this project the author uses multilevel regulation as a term to characterize a regulatory space in which the process of rule making, rule enforcement and rule adjudication (the regulatory lifecycle) is dispersed across more than one administrative or territorial level and amongst several different actors, both public and private. The author draws on the concept of a regulatory space, using it as a framing device to differentiate between specific aspects of policy fields. The relationship between actors in such a space is non-hierarchical and they may be independent of each other. The lack of central ordering of the regulatory lifecycle within this regulatory space is the most important feature of such a space. The implications of multilevel regulation for the notion of legal certainty have attracted limited attention from scholars and the demand for legal certainty in regulatory practice is still a puzzle. The book explores the idea of legal certainty in terms of the perceptions and expectations of regulatees in the context of medical products – specifically, pharmaceuticals and medical devices, which can be differentiated as two regulatory spaces and therefore form two case studies. As an exploratory project, the book necessarily explores new territory in terms of investigating legal certainty first in terms of regulatee perceptions and expectations and second, because it studies it in the context of multilevel regulation.

This volume addresses the attractiveness of financial centers with a primary focus on the mutual fund industry. It uses different empirical analysis approaches in an attempt to disentangle the reasons for location attractiveness and in order to identify its influence on fund pricing. The presented research tackles an issue that is fundamental to the understanding of organizational behavior in finance - the rationale in the decision-making process of market participants and its consequences for an economy.

Common European Legal Thinking emanates from the existence of a shared European legal culture as especially reflected in the existence of a common European constitutional law. It denotes a body of individual constitutional principles - written and unwritten - that represent the common heritage of the constitutions of the Member States. Taking into account the two major European organisations, the Council of Europe and especially the European Union, the essays of this Festschrift discuss a range of constitutional principles, including the rule of law, democracy, and the exercise of political power in a multilevel system which recognises fundamental rights as directly applicable and supreme law. Other essays examine the value of pluralism, the commitment of private organisations to uphold public values, principles or rules, and the objectives and methods of a transnational science of administrative law. These articles highlight the fact that the Ius Publicum Europaeum Commune is "politically" in the making, which can often be seen in the shape of general legal principles. The publication recognises the role of Albrecht Weber as a forerunner of Common European Legal Thinking.

​This book presents the reader a comprehensive understanding of the development of family business in transitional economies. Throughout eastern Europe, post-Communist countries transitioning to market-based economies are obtaining a variety of results due to diverse policy approaches. Expert contributions in this book draw from a wealth of information in this context and include thought-provoking policy prescriptions for the future. This book concentrates on the challenges to predict the direction emerging markets will take, particularly when dealing with the wide-ranging social and economic situations taking place in post-Communist Eastern Europe. This reference volume for policymakers, educators, investors, and researchers also provides a much-needed and timely survey of family firms in the transitioning markets of post-Communist Europe.

The uneven geographical distribution of economic activities is a huge challenge worldwide and also for the European Union. In Krugman’s New Economic Geography economic systems have a simple spatial structure. This book shows that more sophisticated models should visualise the EU as an evolving trade network with a specific topology and different aggregation levels. At the highest level, economic geography models give a bird eye’s view of spatial dynamics. At a medium level, institutions shape the economy and the structure of (financial and labour) markets. At the lowest level, individual decisions interact with the economic, social and institutional environment; the focus is on firms’ decision on location and innovation. Such multilevel models exhibit complex dynamic patterns – path dependence, cumulative causation, hysteresis – on a network structure; and specific analytic tools are necessary for studying strategic interaction, heterogeneity and nonlinearities.

Europe’s population is ageing and decreasing. Demographic change is making not only regional and territorial adaptation necessary, but also new region-specific spatial planning and regional development. This publication focusses on demographic change and its implications for the economy and social systems in the Alpine areas, which differ widely from their surrounding metropolitan areas. It provides a specific regional in-depth study in order to help establish suitable adaptation and development programs. It covers various aspects including demographic analysis, onsite participatory strategies and implementation processes, as well as generalized adaptation strategies. Reports on pilot actions in various regions across the Alps demonstrate how demographic change can be approached from a practitioner’s perspective. The volume is based on the results of the project DEMOCHANGE, which was co-funded by the European Regional Development Fund in the frame of the European Territorial Cooperation "Alpine Space" program.

This book offers a comparison between our earthly society and the society of a hypothetical twin planet with the aim to understand and deal with some of the main problems of our global society, as well as to advance interaction with some extra-terrestrial society no less advanced than ours that sooner or later will be discovered. The underlying premise of the book is that the contemporary world finds itself in what may well be the most confused age of human history. Growing technological changes and innovation make it difficult to understand the course of social reality, while the intensification of the relations between different regions of the Earth and the power achieved by financial capital on a world scale amplify the dimensions and visibility of disequilibria and iniquities, and sharpen frustration and sentiments of insecurity. Social thought, as it has developed at the service of a quasi-stationary world, lacks the ability to understand and govern the tumultuous economic and social processes in progress. The most efficacious way to meet this fleeting social reality is to scientifically highlight basic institutions and values and their steady changes caused by the accumulation of creative and choice processes. In doing so, long-run trends can be explored in order to understand and manage the disequilibrating-reequilibrating motion characterizing the life of dynamic societies. This book shows the 'necessity' of institutional and ethical transformations utilizing an utopian flavour.

This book offers an analytic history of Britannia (first England and Wales and then Great Britain) over eight hundred years of political turmoil, intermingled with economic stagnation, followed by the engine of the industrial revolution. The book draws on economics, political science, public choice, philosophy and the law to probe in depth into the evolution of Britannia from an impoverished feudal and then post-feudal autocracy into a constitutional monarchy with limited suffrage that provided the fulcrum for industrial and commercial success, making Britannia, by 1884, the richest nation, per capita, on the planet. The book challenges head-on the Whiggist liberal notion of Macaulay and Trevelyan that the path from oppression to freedom was one of unimpeded progress. Among its novel features, the book draws upon the dictator’s handbook, as modeled by Bueno de Mesquita and Alistair Smith to evaluate the period of varying autocracy, 1066-1688. The book draws upon modern public choice theory and legal history to evaluate the fragile, corrupt constitutional monarchy that oversaw the initial phase of post-Glorious Revolution Britannia, 1689-1775. At each stage, the philosophical battle between those who sought order and unity and those who sought individual liberty is meticulously outlined. The book draws on the contributions of the Scottish Enlightenment (Hume, Ferguson and Smith) and of classical liberal philosophy (John Stuart Mill) to explain the final vault of Britannia from a weak and corrupt to a robust and admired constitutional monarchy grounded on the rule of law, over the period 1776-1884.

Beginning in 2010, there has been a consolidating cooperation among existing powers in the Euro-Mediterranean in face of the rapid de-stabilization of the Arab region. This fact alone accelerated the hesitant responses by the EU towards emerging hegemons, particularly Russia and China, who in-turn applied traditional mechanisms of increasing regional economic influence to bolster their political influence, but with the difference that a normative influence is missing, in contrast to the EU’s and US’ influence, which is strongly centered on universal norms pertaining to political, economic and social-cultural norms. This book examines the Arab Spring not only from its intra but also inter-regional geo-political and strategic implications by analyzing the Euro-Mediterranean region following the onset of the Arab Spring. It aims to connect the broader economic and political strands of power shifts that have taken place since the Arab Spring, making it of interests to political scientists and policy-makers concerned with the Mediterranean and Euro-Arab relations.

The book contains a collection of high-quality academic and expert contributions dealing with the central question of whether the Lisbon Treaty needs further revision. Due to the difficulties European Union actors have encountered in implementing the Lisbon Treaty's reform and the inadequacies of the current legal framework brought to light by post-Lisbon practice, the volume focuses on possible innovations and functional approaches to improve the Union's response to the challenges confronting it. In doing so, the volume first takes a horizontal approach to the Treaty' revision and considers some constitutional features showing the interaction between the EU and its Member States (namely, the parameters of constitutional developments, the allocation of competences, the principles of solidarity and loyal cooperation). Then, the focus shifts to the question of fundamental rights within the EU's constitutional framework, one of the most relevant innovations of the Lisbon Treaty being the incorporation of the Charter of Fundamental Rights into the Union's primary law. The last part of the volume is devoted to another domain significantly reshaped by the Lisbon reform, namely, the Union's external dimension. ECJ Advocate General Paolo Mengozzi's conclusions highlight the common themes emerging from the various contributions, stressing the need for a more general supranational approach to the political crisis the Union is going through. The content of this book will be of great value to academics, students, judges, practitioners and all others interested in the legal discourse on the progressive development of the European Union legal order.

This book addresses three big economic challenges from a dynamic perspective: European integration, economic growth, and global climate change. In the light of the recent crises of the European Union (EU), the first part of the book deals with challenges to the real, monetary and fiscal integration of the EU and required institutional adjustments. The second part of the book addresses fundamental challenges of advanced market economies like economic growth and changes of technologies. The final part focuses on the global challenge of climate change from an economic perspective and discusses policy strategies for a successful mitigation of climate change.

The main objective of the book is to identify and evaluate the major changes in the Cohesion Policy of the European Union and their effects on Polish regions for the period of 2014 - 2020. The reader will learn how these changes result from the successful agreement on the Multiannual Financial Framework and implementation of the Europe 2020 strategy. Based on these aspects, the authors describe the main change in the Cohesion Policy of the EU, which is the renewed focus on competitiveness and skills to compete within the EU internal and the global market. The territorial approach taken by the EU with respect to entrepreneurial competitiveness is directly linked to the location attractiveness of regions. The authors argue that the new paradigm of the EU' s Cohesion Policy will strengthen the focus on location attractiveness. To illustrate this case, they analyze Poland as one of the most appropriate and relevant Member States to evaluate the new rules underlying EU policies for 2014 - 2020, as Poland is the largest net-beneficiary of the EU budget.