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Books > Business & Economics > Economics
Mini-set D:Politics and Sociology re-issues 13 volumes originally published between 1977 and 1991. It discusses the revolution in Iran and what that has meant for the wider region of the Persian Gulf in terms of stability and relations with other countries, as well as issues of poverty in Iran and the position of minorities. For institutional purchases for e-book sets please contact [email protected] (customers in the UK, Europe and Rest of World)
In this book, Miguel Basanez presents a provocative look at the impact of culture on global development. Drawing on data from governments, NGOs, the World Values Survey and more addressing over one hundred countries, he argues that values, as the "building blocks" of culture, are directly related to the speed with which social, cultural and economic development occurs. Basanez utilizes quantitative survey data to delineate three cultural hyperclusters across the globe: cultures of honor, which prioritize political authority; cultures of achievement, which emphasize economic advancement; and cultures of joy, which focus on social interactions. According to Basanez, these cultures evolved chronologically, mirroring the development of agrarian, industrial and service societies. He argues that a country's developmental path is profoundly influenced by its people's values and culture, as crystallized through its formal and informal governing institutions. Culture is passed down over generations through families, schools, the media, religious institutions, leadership, and the law. Although culture and values are in a permanent state of evolution, leaders and policymakers can also push cultural change in order to promote desirable goals such as economic growth, democratization, and equality. Over the course of the book, Basanez introduces two new measures of development: the Objective Development Index (which blends rubrics such as health, education, income, gender equality, political rights and civil liberties, and economic inequality) and the Subjective Development Index (which uses responses to the World Values Survey to classify countries according to their values).
Routledge Library Editions: Development will re-issue works which address economic, political and social aspects of development. Published over more than four decades these books trace the emergence of development as one of the most important contemporary issues and one of the key areas of study for modern social science. The books cover the most important themes within development and include studies of Latin America, Africa and Asia. Authors include Sir Alexander Cairncross, W. Arthur Lewis, Lord Peter Bauer and Cristobal Kay. An extensive collection of previously hard to access or out of print books, this set presents an unrivalled opportunity to build up a wealth of material in the field of development studies, with a particular focus upon economic and political concerns. The volumes in the collection offer both a global overview of the history of development in the twentieth century, and a huge variety of case studies on the development of individual nations. For institutional purchases for e-book sets please contact [email protected] (customers in the UK, Europe and Rest of World)
Routledge Library Editions: Development will re-issue works which address economic, political and social aspects of development. Published over more than four decades these books trace the emergence of development as one of the most important contemporary issues and one of the key areas of study for modern social science. The books cover the most important themes within development and include studies of Latin America, Africa and Asia. Authors include Sir Alexander Cairncross, W. Arthur Lewis, Lord Peter Bauer and Cristobal Kay. An extensive collection of previously hard to access or out of print books, this set presents an unrivalled opportunity to build up a wealth of material in the field of development studies, with a particular focus upon economic and political concerns. The volumes in the collection offer both a global overview of the history of development in the twentieth century, and a huge variety of case studies on the development of individual nations. For institutional purchases for e-book sets please contact [email protected] (customers in the UK, Europe and Rest of World)
Routledge Library Editions: Development will re-issue works which address economic, political and social aspects of development. Published over more than four decades these books trace the emergence of development as one of the most important contemporary issues and one of the key areas of study for modern social science. The books cover the most important themes within development and include studies of Latin America, Africa and Asia. Authors include Sir Alexander Cairncross, W. Arthur Lewis, Lord Peter Bauer and Cristobal Kay. An extensive collection of previously hard to access or out of print books, this set presents an unrivalled opportunity to build up a wealth of material in the field of development studies, with a particular focus upon economic and political concerns. The volumes in the collection offer both a global overview of the history of development in the twentieth century, and a huge variety of case studies on the development of individual nations. For institutional purchases for e-book sets please contact [email protected] (customers in the UK, Europe and Rest of World)
The concept of equilibrium is fundamental to economic theory, according to which, it exists when supply and demand are balanced. Equilibrium Models in Economics critically examines the major problematic assumptions employed to build equilibrium models. It gives particular attention to the assumptions used to characterize learning, knowledge and expectations. Lawrence Boland here explores whether equilibrium models can provide a realistic explanation of economic events and objects such as prices, market demands and market supplies. He traces how the different perspectives on equilibrium models represented by such creators as Kenneth Arrow, Robert Clower, and George Richardson influenced subsequent developments in economics. A key debate is about the comparative importance of whether equilibrium refers to a state of an actual economy or a property of a formal mathematical model. Another is the extent that the distinction between a model's exogenous vs. endogenous variables involves causality. Also explored are more recent efforts provided by behavioral, evolutionary, and complexity economics-whether they might change how economics is practiced in the future and how they could. Equilibrium Models in Economics is a trenchant exploration of how the discipline has grappled with attempts to understand and explain the way information, knowledge, and the expectations of actors participating in the economy influence outcomes and behavior. It presents a realistic, workable theory of knowledge and learning, simulating how decision makers and other actors operate in fast-changing equilibrium conditions.
This new text deals with topics that are at the core of microeconomic theory - the economics of uncertainty and the economics of games and decisions. It contains a chapter on non-expected utility theory and very up to date coverage of such topics as risk aversion, stochastic dominance and mean-variance utility theory as well as a number of chapters that discuss and illustrate the use of game theory in making decisions under uncertainty.
In its first seven years, the North American Free Trade Agreement (NAFTA) tripled trade and quintupled foreign investment among the U.S., Mexico, and Canada, increasing its share of the world economy. In 2001, however, North America peaked. Trade slowed among the three, manufacturing jobs shrunk, and illegal migration and drug-related violence soared. Europe caught up, and China leaped ahead. In The North American Idea , eminent scholar and policy-maker Robert A. Pastor explains that NAFTA's mandate was too limited to address the new North American agenda. Instead of offering bold initiatives like a customs union to expand trade, the three leaders thought small. Interest groups stalemated the small ideas as they inhibited the bolder proposals, and the governments accomplished almost nothing. To overcome this resistance and re-invigorate the continent, the leaders need to start with an idea based on a principle of interdependence. If one country fails, all three are harmed, and if one grows, they all benefit. Drawing on first-hand experience as a policy-maker and analyst, Pastor shows how this idea-once woven into the national consciousness of the three countries-could mobilize public support for continental solutions to problems that have confounded each nation working on its own. To stimulate trade and reduce illegal migration, for example, the three countries could set up a fund to invest in the continent's infrastructure. Such a fund would be impossible without leadership and an idea of the continent's current importance and its future promise. Providing essential historical context and challenging readers to view the continent in a new way, Robert Pastor offers an expansive vision and a detailed blueprint for a more integrated, dynamic, and equitable North America.
The Internet stock bubble wasn't just about goggle-eyed day traderstrying to get rich on the Nasdaq and goateed twenty-five-year-olds playing wannabe Bill Gates. It was also about an America that believed it had discovered the secret of eternal prosperity: it said something about all of us, and what we thought about ourselves, as the twenty-first century dawned. John Cassidy's Dot.con brings this tumultuous episode to life. Moving from the Cold War Pentagon to Silicon Valley to Wall Street and into the homes of millions of Americans, Cassidy tells the story of the great boom and bust in an authoritative and entertaining narrative. Featuring all the iconic figures of the Internet era -- Marc Andreessen, Jeff Bezos, Steve Case, Alan Greenspan, and many others -- and with a new Afterword on the aftermath of the bust, Dot.con is a panoramic and stirring account of human greed and gullibility.
A closely held firm is not a smaller version of a large public
firm, anymore than a child is a miniature adult. While realizing
that like large corporations, value comes from a business's ability
to generate future cash flows, Long and Bryant emphasize the
differences between the two. The primary question is does a
separate entity exist or is the business just an extension of its
principal owner or manager? If yes, how does this business vary
from a large publicly traded firm with market and not management
control?
This is a study of the law governing the bank-customer relationship pertaining to the disposition of funds by cheques and credit transfers, covering both paper-based and electronic payments. The work addresses, with various degrees of detail, common law, civilian, and `mixed' jurisdictions, particularly, Australia, Canada, England, France, Germany, Israel, Italy, Japan, South Africa, Switzerland and the United States. In addition to the description of the law in these jurisdictions, the book contains an in-depth analysis of the common issues and the responses to them, in light of desired policies. Accordingly, an evaluation of the various rules and proposals for reform are integral parts of the study.
From the boardrooms to the court rooms, this is the gripping story of
how Apple became the world's most valuable company, and of the
lawmakers and entrepreneurs determined to knock it off its pedestal.
The era of official color-blindness in Latin America has come to an end. For the first time in decades, nearly every state in Latin America now asks their citizens to identify their race or ethnicity on the national census. Most observers approvingly highlight the historic novelty of these reforms, but National Colors shows that official racial classification of citizens has a long history in Latin America. Through a comprehensive analysis of the politics and practice of official ethnoracial classification in the censuses of nineteen Latin American states across nearly two centuries, this book explains why most Latin American states classified their citizens by race on early national censuses, why they stopped the practice of official racial classification around mid-twentieth century, and why they reintroduced ethnoracial classification on national censuses at the dawn of the twenty-first century. Beyond domestic political struggles, the analysis reveals that the ways that Latin American states classified their populations from the mid-nineteenth century onward responded to changes in international criteria for how to construct a modern nation and promote national development. As prevailing international understandings of what made a political and cultural community a modern nation changed, so too did the ways that Latin American census officials depicted diversity within national populations. The way census officials described populations in official statistics, in turn, shaped how policymakers viewed national populations and informed their prescriptions for national development-with consequences that still reverberate in contemporary political struggles for recognition, rights, and redress for ethnoracially marginalized populations in today's Latin America. "While Loveman is not the only scholar paying attention to governmental census taking, this book stands out for its theoretical depth, the remarkable mastery of historical context and agency, and its long-term historical breath. Loveman shows that rather than reflecting domestic politics or specific demographic configurations, Latin American states collected data on the kind of racial or ethnic categories that they thought would help document, to a global audience of other states, their efforts and achievements in becoming modern nations."-Andreas Wimmer, Hughes-Rogers Professor of Sociology, Princeton University
Economics and the Business Environment is directed at students who will be taking up managerial positions in trade and industry or in government. The economic environment of European companies is central to the book giving students a good impression of recent developments within the European economy. The theories described enable students to:
Complicated analyses and mathematical models have been avoided as much as possible. Instead, diagrams and graphs illustrate the causal relationships between economic factors, making this book an ideal primer for those needing the basics of economics for their business degree.
Based on the market-leading texts from Alain Anderton, this new title from Edexcel gives you complete coverage of the new content of the specifications and addresses the changes to the assessment format. Motivates students and enhances the clarity of diagrams, figures, tables and charts with the engaging full colour design. Supports the analysis of economic situations with the most recent statistics. Embeds theory in real life examples with the latest economic theories and applied economics in every unit. Easy-to-use with a flexible structure, divided into short units.
By the time you read this book, the art world may have witnessed the sale of its first $500 million painting. Whilst for some people money is anathema to art this is clearly a wealthy international industry, and a market with its own conventions and pressures. Drawing on the vast experience of Sotheby's Institute of Art, The Art Business exposes the realities of the commercial trade in fine art and antiques. Attention is devoted to the role of auction houses, commercial galleries and art museums as key institutions, with the text divided into four thematic sections covering: technical and structural elements of the art market cultural policy and management in art business regulatory legal and ethical issues in the art world the views, through interviews, of leading art market experts. This book provides a thorough examination of contemporary issues in the art business, and the mechanisms and influences which underpin its evolution. It is essential reading for students of art history or international business, or anyone with an interest in pursuing a career in this area.
The focus of this volume of Acta Juridica - Foreign Direct Investment and the Law: Perspectives from Selected African Countries - is the relationship between foreign direct investment (FDI) and the law, within the context of FDI in Africa and the role of the Agreement establishing the African Continental Free Trade Area (AfCFTA). The book is a compilation of essays by authors who are specialists from across the spectrum of the law, bringing together their diverse contributions under the banner of foreign direct investment. More specifically, the authors consider the law and foreign direct investment from an African perspective, both regionally and country-specific, in the context of bilateral investment treaties, property law, the legal integration of business law, the role of investment and regulatory policies, dispute resolution, tax incentives and labour regulation.
How are firms, networks of firms, and production systems organized
and how does this organization vary from place to place? What are
the new geographies emerging from the need to create, access, and
share knowledge, and sustain competitiveness? In what ways are
local clusters and global exchange relations intertwined and
co-constituted? What are the impacts of global changes in
technology, demand, and competition on the organization of
production, and how do these effects vary between communities,
regions, and nations? The book employs a novel relational framework, which recognizes values, interpretative frameworks, and decision-making practices as subject to the contextuality of the social institutions that characterize the relationships between the human agents. It will be a valuable resource for academics, researchers, and graduate students across the social sciences, and practitioners in clusters policy.
Prior to 1979, China had a bifurcated and geographically-dispersed industrial structure made up of a relatively small number of large-scale, state-owned enterprises in various industries alongside numerous small-scale, energy-intensive and polluting enterprises. Economic reforms beginning in 1979 led to the rapid expansion of these small-scale manufacturing enterprises in numerous energy-intensive industries such as aluminum, cement, iron and steel, and pulp and paper. Subsequently, the government adopted a new industrial development strategy labeled "grasp the large, let go the small." The aims of this new policy were to close many of the unprofitable, small-scale manufacturing plants in these (and other) industries, create a small number of large enterprises that could compete with OECD multinationals, entice these larger enterprises to engage in high-speed technological catch-up, and save energy. China's Technological Catch-Up Strategy traces the impact of this new industrial development strategy on technological catch-up, energy use, and CO2 emissions. In doing so, the authors explore several detailed, enterprise-level case studies of technological catch-up; develop industry-wide estimates of energy and CO2 savings from specific catch-up interventions; and present detailed econometric work on the determinants of energy intensity. The authors conclude that China's strategy has contributred to substantial energy and CO2 savings, but it has not led to either a peaking of or a decline in CO2 emissions in these industries. More work is needed to cap and reduce China's CO2 emissions.
Entrepreneurs generally lack the marketing capabilities necessary
to bring their new product to market. To engage the resources
required to do this, they must somehow place a value on the
enterprise. However, all of the methods of valuation currently
available are based on the use of historical or current revenues,
and therefore are not applicable to an entrepreneurial enterprise
with a first-time product. In Valuing an Entrepreneurial
Enterprise, Audretsch and Link present a valuation method uniquely
tailored to emerging technology-based ventures that have no revenue
history to lean on. Unlike many traditional methods, theirs does
not take into account the track record of companies and products
similar to that being valuated. Instead, it draws on economic
theory to formulate a solution to the problem.
Granting Justice takes issue with the characterisation of the South African state as “developmental”. The crucial aspect of care is missing from the practice for this to be the case. Thus, while the grants address the immediate survival needs of many South Africans, social justice requires quite a different approach, an approach of care that would grant agency and dignity to recipients. Tessa Hochfeld adopts a highly personal narrative style of writing that reflects the ethical standpoint that she took during her research. Telling a story is what makes her writing so strong and distinguishes it in the development literature. The book falls into the fields of development studies, and social welfare and social development. The following are possible keywords: social justice; gender justice; care; social development; poverty; social protection; southern welfare; family strengthening; developmental social work.
Economists and bankers have long been much maligned individuals; but never more so than in the wake of the Global Financial Crisis. Working as an economist for various financial institutions, for more than 25 years Russell Jones had a foot in both camps, plying his trade in a number of global financial centres and points in between, and experiencing at first hand the extraordinary ebb and flow of an industry that came to exert a disproportionate influence on the lives of almost everyone on the planet. In the process, he met some remarkable people, witnessed dramatic shifts in the balance of global economic and political power, explored in detail the labyrinthine complexities involved in managing modern day macroeconomies, and observed all the arrogance, hubris and day-to-day absurdities of an industry that was in effect allowed to run out of control. It was quite a ride. And not one without its moments of pathos and humour.
Given the overwhelming number of ineffective economic reform policies and programs, a central question for international development concerns how significant economic change happens. In the midst of this quandary, a puzzle has been growing quietly the last two decades. Vietnam has transitioned from a poor, centrally planned economy to one of the fastest growing, market economies in the world, despite ignoring conventional reform strategies. This book focuses on solving a specific puzzle of Vietnam's transition. Its fastest growing city, Ho Chi Minh City, has a real estate industry that ranks as the worst place in the world for private capital to invest . Nevertheless, entrepreneurs have emerged to form private firms within the first decade of transition. Where did these people come from? How could they conduct business in such an inhospitable economic environment? The book finds that the transition to capitalism is neither the natural propensity of individuals nor the decision of an all-powerful state nor necessarily requires a long, evolutionary process. The major, rapid, and discontinuous economic change that occurred in Vietnam was fundamentally enabled by a social reconstruction of cognitive paradigms. The new social cognition framework accounts for why some firms were more successful than others as well as why Vietnam's capitalism has surprising characteristics.
While the significance of networks in various human behavior and activities has a history as long as human's existence, network awareness is a recent scientific phenomenon. The neologism network science is just one or two decades old. Nevertheless, with this limited time, network thinking has substantially reshaped the recent development in economics, and almost all solutions to real-world problems involve the network element. This book integrates agent-based modeling and network science. It is divided into three parts, namely, foundations, primary dynamics on and of social networks, and applications. The authors begin with the network origin of agent-based models, known as cellular automata, and introduce a number of classic models, such as Schelling's segregation model and Axelrod's spatial game. The essence of the foundation part is the network-based agent-based models in which agents follow network-based decision rules. Under the influence of the substantial progress in network science in late 1990s, these models have been extended from using lattices into using small-world networks, scale-free networks, etc. The text also shows that the modern network science mainly driven by game-theorists and sociophysicists has inspired agent-based social scientists to develop alternative formation algorithms, known as agent-based social networks. It reviews a number of pioneering and representative models in this family. Upon the given foundation, the second part reviews three primary forms of network dynamics, such as diffusions, cascades, and influences. These primary dynamics are further extended and enriched by practical networks in goods-and-service markets, labor markets, and international trade. At the end, the book considers two challenging issues using agent-based models of networks: network risks and economic growth.
The first and second volumes of Xi Jinping's The Governance of China have received an enthusiastic response from China and other parts of the world. Since the 19th CPC National Congress, Xi Jinping has put forward many original ideas drawn from his experiences in state governance in the new era, charting the course in line with the times and further enriching the theoretical base of the Party. To help officials and the public understand and apply Xi Jinping's thoughts on Socialism with Chinese Characteristics for a New Era, to strengthen their commitment to the Four Consciousnesses, the Four-sphere Confidence and the Two Upholds, and also to help the international community gain a full appreciation of the thought and the reasons for the success of the CPC, Marxism and Chinese socialism, the Publicity Department of the CPC Central Committee and the State Council Information Office, with the support of the Research Institute of Party History and Literature of the CPC Central Committee and China International Publishing Group, have compiled a third volume of The Governance of China. This volume contains a compilation of 92 of Xi Jinping's spoken and written works from October 18, 2017 to January 13, 2020, along with 41 photographs. It is divided into 19 sections by topic, with the articles in each section arranged in chronological order. |
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