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Books > Business & Economics > Economics > Economic systems
Fiction can be a powerful force to educate students and employees in ways that lectures, textbooks, articles, case studies, and other traditional teaching approaches cannot. This anthology includes articles from a number of individuals from a range of different disciplines and perspectives. All of the contributors to Capitalism and Commerce in Imaginative Literature are committed to treating literary texts with integrity and believe that business should have a larger claim upon people's literary consciousness. In addition, they all value the important role of literature in dealing with the complexities of a capitalist culture. This collection of essays provides a means to appreciate the richness and variety of fictional portrayals of businesses and businesspersons. The works selected for examination reflect the variety of philosophical, political, economic, cultural, social, and ethical perspectives that have been found over time in American society. The novels and plays analyzed include high literature, mid-range literature, popular literature, ancient epics, grand narratives, hero tales, masterpieces, ideological texts, science fiction, and more. There are a great many works of literature waiting to be read and studied by business and economically-minded individuals from many different viewpoints and fields of study. This volume provides a space to explore a wide range of fictional works and opinions about them.
China's explosive economic growth since 1988 has not resulted in an equal increase of income among all Chinese citizens. The authors explore a range of reasons for the disparity and base their conclusions on strong empirical evidence--especially the 1996 survey conducted by the State Statistical Bureau.
In this volume, a set of issue and country experts tackle the questions surrounding the challenges of a resurgent Russia for the world order as well as for relations between the European Union and the United States. Following a brief introduction laying out the circumstances of Russia's rise, the book proceeds in three sections. In the first, Russian scholars tackle the topic of how a newly resurgent Russia sees the world. The second section examines Russia's role in the contemporary global political economy in terms of trade and financial flows and nuclear energy. The third section looks at American and European responses to Russia, and the conclusion draws together the findings from each of the chapters and presents some broad propositions regarding Russia's rise and the challenges that it presents for the US, EU and the international order in the years to come. The implications of this collection are very broad and far-reaching, with ramifications for each of the players involved as well as for the development and refinement of general international relations theories concerning global conflict and cooperation, making the book relevant for both policy-makers and scholars of international relations, Russian studies, and international political economy."
Banking Reforms in South-East Europe gives a critical and detailed overview of banking system restructuring in the transitional countries of South-Eastern Europe - Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Macedonia, Romania and Yugoslavia - and offers suggestions for future reforms. The book opens with a comparison of the experiences of Central European advanced transitional economies with those of the Balkan countries. Proposals are put forward for ways in which positive aspects of the Central European experience can be applied to banking reform in the Balkans. The authors examine the importance of regional collaboration for the overall economic and social transition in the region, and consider whether it can facilitate the next stage of banking reform. They also analyse the results of currency board arrangements as a possible alternative to classical central banking, using the experiences of Bulgaria, Bosnia and the Yugoslav Republic of Montenegro. The book concludes with an analysis of the experience of individual economies and consists of a number of country-specific banking studies, covering all the transitional economies of South-East Europe. The book will be of great interest to both scholars of transition economies and policymakers in finance and financial institutions.
The politics of international debt have received increasing attention in recent years. However, discussion of the politics of money has focused on Latin American and 'third' world countries. So far there has been little treatment of the politics of scarce money and of money as a political category in relation to 'advanced' countries. The central theme of the book is the limitations and constraints on state action which arise from the relation between the (nation) state and the global flow of money.
This book includes a series of reports that mainly discuss the Middle Income Trap against the backdrop of population ageing in China. It also offers practical suggestions on how to avoid it properly. Concretely, it argues that the government should accelerate the transition of economic development modes, resolve concentrated social conflicts, promote a balanced rural and urban development during the process of urbanization, and mitigate the effects of population ageing by fostering strengths and avoiding weaknesses. As for the challenges posed by population ageing in China, it puts forward five core suggestions tailored to China's unique situation. Assessing a number of real-world challenges, the general report and the special reports combine theory and empirical findings, using primary data for their analyses. Given the wealth of essential information it provides, the book offers a valuable reference resource for decision-makers.
A human economy puts people first in emergent world society. Money is a human universal and now takes the divisive form of capitalism. This book addresses how to think about money (from Aristotle to the daily news and the sexual economy of luxury goods); its contemporary evolution (banking the unbanked and remittances in the South, cross-border investment in China, the payments industry and the politics of bitcoin); and cases from 19th century India and Southern Africa to contemporary Haiti and Argentina. Money is one idea with diverse forms. As national monopoly currencies give way to regional and global federalism, money is a key to achieving economic democracy.
In this unique contribution to economic sociology, Jeffrey Hass examines the impact of culture, norms and political authority on Russia's post-socialist transition. The interactions and contradictions of moral economies and market relations are examined, exploring the often overlooked social dimension to market-building in Russia.
This volume contains papers presented in a workshop of international experts in September 2008 in Berlin. The experts discussed how environmental consequences of EU legislation can be incorporated in a more effective way. In other words, this contribution focuses on the question of which measures can strengthen the cons- eration of environmental effects in the EU impact assessment procedure and in the subsequent legislative decision-making process. This allows drawing conclusions for the impact assessment process in Germany. This volume begins with an introductory paper (Bizer/Lechner/Fuhr) which served as the basis for discussion in our workshop. The questions raised in this paper are addressed by the authors of the subsequent chapters. Stephen White (DG Environment, EU-Commission) discusses the impact assessment from an int- nal perspective within the Commission. Pendo Maro (European Environmental Bureau) reviews the impact assessment practice from the perspective of an en- ronmental NGO. Martin Schmidt et al. discuss the potential for more formalism to strengthen environmental issues within impact assessments and favour a checklist."
"Economic Freedom and the American Dream" explores the effects of economic freedom on America in several areas, such as, markets, politics, and opportunities. By focusing on the economic liberty of individuals, corporations, and markets, and the conflicts among them, the book offers an original perspective on some of the nation's most difficult dilemmas. Shaanan challenges the view that unrestricted economic freedom enhances our economic and political well being. He demonstrates that while economic freedom provides benefits, its unchecked version, including the right to profit through government, inflicts a heavy toll on democracy, free markets and, paradoxically, on economic freedom itself.
The ultimate survival of an economic system depends on whether or not the interrelationships between its institutions and its members are consistent with each other. Consistency and Viability of Capitalist Economic Systems develops an original analytical framework to understand the relationship between the economic, political, and ideological structures, the external environment, and the process of reform that give rise to certain economic systems by establishing consistency. Consistency, however, is not enough; a consistent economic system must be flexible and have the internal mechanisms to be able to adapt to changes in social reality, thus making possible its survival over time. In other words, the economic system is viable when it is able to encourage increases in labor productivity and there is popular support. Thus the economic system, in its broad social science context, must be both consistent and viable. Economic systems examined in this text are the capitalist economics systems of Great Britain, Japan, European Union and Sweden.
Structural change, economic growth and adequate exchange rate adjustment are key challenges in the context of EU eastern enlargement as are consistent macroeconomic policies. The authors focus on sectoral adjustment across industries in catching-up countries and explain changes in the composition of output this includes new aspects of the Chenery model. They describe and analyze the spatial pattern of specialization and adjustment in many countries. Theoretical and empirical analysis of foreign direct investment, innovation and structural change shed new light on economic dynamics in Old Europe and New Europe. As regards exchange rate dynamics both traditional aspects (such as the Balassa-Samuelson effect) and new approaches to understanding exchange rate developments are presented. Links between exchange rate changes and innovation are particularly emphasized.
Islamist capital accumulation has split the Turkish bourgeoisie and polarized Turkish society into secular and religious social groupings, giving rise to conflicts between the state and political Islam. By providing a long-term historical perspective on Turkey's economy and its relationship to Islamism, this volume explores how Islamism as a political ideology has been utilized by the conservative bourgeoisie in Turkey, and elsewhere, to establish hegemony over labor. The contributors analyze the relationship between neoliberalism and the political fortunes of the Islamist Justice and Development Party (AKP), and examine the similarities and differences amongst new factions in the secular and Islamic middle class that have benefited economically, socially, and culturally during the AKP's reign. The articles also investigate the impact of the Gulen Movement and the role of the media in shaping the contours of intra-class struggle within contemporary Turkish political and social life.
The book is a collection of contributed papers in honor of Roy Radner. Reflecting Radner's broad range of research interests, the papers cover quite diverse areas, ranging over general equilibrium analysis of the market mechanism, economies undergoing transition, satisficing behavior, markets with asymmetric information, organizational resource allocation and information processing, incentives and implementation, stable sets and the core, stochastic sequential bargaining games, perfect equilibria in a macro growth model, repeated games, and evolutionary games.
The establishment of the Shanghai Stock Exchange in December 1990 was a landmark in China's institutional transformation. With this in mind, the authors consider the factors relating to institutional change - such as changes in the financial system, the scale and structure of stock market, operational efficiency and the regulatory system of the stock market. During the course of its development the Chinese stock market has experienced speculation, dramatic fluctuations and violations of market regulations of frequent and diverse natures. There is therefore, urgent need for the discussion contained within this volume of best procedure policies for the establishment of a properly ordered and regulated market. The authors assess the operational performance of listed companies, and changes in the external environment such as the impact of China's accession to the WTO on the stock market. The authors find that WTO accession will have a more serious impact on the more heavily protected agricultural sector and on capital-intensive industries such as automobile, instruments, cotton and wheat to name a few. They argue that the fundamental reason for the inefficiency of China's stock market is the weakness of the competitive mechanism leading to imperfect competition and rent-seeking activity. This book will be of great interest to academics and researchers of Asian studies and money and finance. Multinational enterprise managers, as well as brokers, dealers, business economists and others involved in the global financial markets will also find this book of value.
Richard Mattessich's Accounting and Analytical Methods (1964) and Yuji Ijiri's Theory of Accounting Measurement (1975) are two classic works of American accounting literature written by eminent scholars. Mattessich's work contributed to the debate around the role of accountants in designing systems, and it made a sweeping case for accounting as a management science within an emerging interdisciplinary movement. Ijiri focused on proposing a theory of conventional accounting as an accounting system, which has facilitated accountability among interested parties during five centuries. Understanding Mattessich and Ijiri takes a 21st-century view of these authors and their work, which was well ahead of its time in the challenges it offered to formidable institutional arrangements. This volume revivifies Mattessich's and Ijiri's emphases on processes and circumstances irreducible to rigorous study, which since the 1960s has been the primary focus of accounting literature, and it re-examines important axiomatic views as foundations for accounting research, views to which both scholars dedicated their early careers. Ultimately, this work examines how their ideas fit with emerging economic theories and technologies which neither could have foreseen, and which now compete for attention when it comes to understanding the intricacy of capital and income measurement.
From Thomas Piketty to David Harvey, scholars are increasingly questioning whether we are entering into a post-capitalist era. If so, does this new epoch signal the failure of capitalism and emergence of alternative systems? Or does it mark the ultimate triumph of capitalism as it evolves into an unstoppable entity that takes new forms as it engulfs its opposition? After Capitalism brings together leading scholars from across the academy to offer competing perspectives on capitalism's past incarnations, present conditions, and possible futures. Some contributors reassess classic theorizations of capitalism in light of recent trends, including real estate bubbles, debt relief protests, and the rise of a global creditocracy. Others examine Marx's writings, unemployment, hoarding, capitalist realism, and coyote (trickster) capitalism, among many other topics. Media and design trends locate the key ideologies of the current economic moment, with authors considering everything from the austerity aesthetics of reality TV to the seductive smoothness of liquid crystal. Even as it draws momentous conclusions about global economic phenomena, After Capitalism also pays close attention to locales as varied as Cuba, India, and Latvia, examining the very different ways that economic conditions have affected the relationship between the state and its citizens. Collectively, these essays raise provocative questions about how we should imagine capitalism in the twenty-first century. Will capitalism, like all economic systems, come to an end, or does there exist in history or elsewhere a hidden world that is already post-capitalist, offering alternative possibilities for thought and action?
A market economy is the only mechanism that can create jobs,
distribute wealth, spur economic growth, and stabilize the economy
for all. However, the current American market economy is not
working - it is helping the "1%" instead of distributing wealth and
yet simultaneously convincing the "99%" that this market is the
only way to create jobs. The current unchecked system allows those
wealthy few to "steal the American dream," as Hedrick Smith
claimed. In order for the United States to grow the economy, the
current system must first be modified to level the playing field,
and then must be used to develop the market system's originally
intended purpose: improving the quality of life for all.
Labour focuses on the issues and problems concerning the efficient full employment of labour in a free market economy. The discussion is largely about the conditions (including comparative wages) underlying industrial efficiency and maximum production from various labour resources at least cost. By estimating man-power, analysing the human factor and measuring labour efficiency, the book summarizes contemporary evidence on employment conditions for or against efficiency and the effect upon the incidence of unemployment.
EU membership involves political and economic reforms
This distinguished collection of Dennis Mueller's papers discusses the economic challenges faced as a result of events in the latter third of the twentieth century; the formation of the European Union, the collapse of Communism in East Europe, and the deregulation and privatization movement that spread from North America to Europe and then across the rest of the world. The book explores the design of political institutions and the functioning of economies, and goes on to prescribe the types of fiscal and competition policies that are required as we enter the twenty-first century, posing questions such as: * What should a new democracy's constitution comprise? * Should the European Union be organized as a federal system? * What should a global competition policy consist of? Academics specializing in public choice theory, political economy, and industrial organization will warmly welcome this outstanding volume, as will those with an interest in globalization and the European Union.
"Legislative Politics and Economic Power in Russia "is a study of the legislative actors and institutions that have shaped economic law making in Russia since 1990. Assessing the influence of partisan, bureaucratic, regional and corporate interests in Russia's post-communist parliaments, the book addresses questions that are crucially important for Russia's political stability and economic development. Can Russian political institutions act decisively to solve problems when they arise? Does this system of governance deliver credible, coherent and consistent policies? And, is the Russian state ultimately able to enact policies that address public interests and concerns?
The author argues that the concept of class, far from being obsolete, is actually embodied in its modern form by the fusion of banking capital and industrial capital in Great Britain. He includes a detailed analysis of the main groupings of finance capital in England. Thiry-one such groups are identified in Appendix I, and Appendix II is an an analysis of bank directorships. |
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