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Books > Business & Economics > Economics
An exceptionally sensible, clear-headed and original thinker' The Financial Times 'The best book on the future of the global economy'***** The International Economy magazine The tectonic plates of the global order are shifting, creating new pressures that will strain long-standing financial structures. BUT WHERE WILL THE WORLD'S NEW ECONOMIC FAULT LINES EMERGE? In a clear and far-reaching reckoning, The Fractured Age lays bare the threats and opportunities that will shape the world economy over the coming decade. It charts the emergence of geopolitical blocs in a world undergoing profound change - blocs whose relative size and economic diversity will be pivotal in reordering everything from goods trade and investment flows to technology transfers and access to critical minerals. As the world enters another period of seismic upheaval and a new global order emerges, understanding which economies will benefit, and which will bear the costs, will be critical for effective decision-making throughout boardrooms and the halls of government. As C hief Economist of one of the world's leading providers of independent macroeconomic and market research, Neil Shearing lays out a stark vision of the peaks and rifts that will unfold, and how they will fundamentally reshape the global economy in this fractured age. April 2025 - Author has been on Bloomberg, BBC News, CNN, Channel 4 News and in The Financial Times, the Wall Street Journal and The Guardian
Orthodox international relations theory considers foreign affairs to be the exclusive purview of national governments. Yet as Rodrigo Tavares demonstrates, the vast majority of leading sub-states and cities are currently practicing foreign affairs, both bilaterally and multilaterally. Subnational governments in Asia, the Americas, Europe and Africa are changing traditional notions of sovereignty, diplomacy, and foreign policy as they carry out diplomatic endeavors and establish transnational networks around areas such as education, healthcare, climate change, waste management, or transportation. In fact, subnational activity and activism in the international arena is growing at a rate that far exceeds that carried out by the traditional representatives of sovereign states. Paradiplomacy is the definitive first practitioner's guide to foreign policy at the subnational level. In this seminal work, Tavares draws from a unique pool of best practices and case studies from all over the world to provide a comprehensive and critical overview of the conceptual, juridical, operational, organizational, governmental and diplomatic parameters of paradiplomacy.
Following the catastrophic events of the 2008 global financial crisis, an anonymous hacker released Bitcoin to claw back power from commercial and central banks. It quickly garnered an enthusiastic following who sought to forge a stable and democratic global economy—a world free from hierarchy and control. In their eyes, Bitcoin's underlying architecture, blockchain, hailed the dawn of decentralisation. Money Code Space shatters these emancipatory claims. In their place, Jack Parkin constructs a new framework for revealing the geographies of power that lie behind blockchain networks. Drawing on first-hand experience in cryptocurrency communities and start-up companies from Silicon Valley to London, Parkin untangles the complex web of culture, politics, and economics that truly drive decentralisation.
The idea that Brazil, Russia, India and China (The 'BRICs') are the economic stars of our times is now widely accepted. Jim O'Neill now introduces us to four new rising stars in the economic firmament: the 'MINT' countries (Mexico, Indonesia, Nigeria and Turkey). However, the struggling 'old' developed nations have still not adjusted to the challenges posed by the new world order. This book looks closely at the role of China in this new order, and in particular at its influential role in Africa where more nations are beginning to emerge as significant economic players to be reckoned with. What is the scale of South-South trade and, crucially, how is this new aspect of globalization being accommodated in global economic governance? How should the world engage with the new economic powerhouses?
Since the rational expectations revolution in macroeconomics, the subject has evolved in a major way, adopting the principles behind the revolution and building on them in spectacular fashion. In this thoroughly revised and updated second edition, the authors provide a complete and up-to-date textbook designed to guide students through the mathematical and conceptual maze of modern macroeconomics. The updated second edition includes: Explanation of the historical development of the subject Introduction to traditional macro-classical/adaptive expectations Demonstration of how rational expectations are handled in macro models and in finance An explanation of the importance of structural, micro-founded models Key examples of structural models examined in detail, and with extension to the open economy Discussion of policy implications throughout Methodology for testing models against macro data behaviour, complete with the latest evidence on these models' success Coverage of key topics, including the supply-side, unemployment, growth and the open economy. By explaining the basics of each topic, and providing the solid grounding for students to tackle more complex and detailed material, this textbook will be an invaluable resource for both postgraduate and upper level undergraduate students of macroeconomics alike.
South Africa is facing an extraordinary ‘polycrisis’. The dimensions of this crisis include an energy collapse; a failing rail network; weak education outcomes; an interrupted water supply; and the effects of decades of endemic corruption that have brought much of government to a halt. But the country also has incredible assets: a wealth of sought-after minerals; an enviable Constitution that protects rights and advocates social inclusion; an advanced financial and services sector; thriving agricultural and auto industries that compete with the best in the world; a prosecution service that is rapidly rebuilding; and, most of all, strong-willed people determined to make life better through hard work, entrepreneurship and hustling. The choice is stark: we either build on the positives and take the country forward or we will be overwhelmed by the negatives and end up as another Zimbabwe or Venezuela. We have the people, the policies and the resources. What is missing is the political will to make the difficult choices that will save South Africa from disaster. This book takes you on a journey that ends with one of three possible future scenarios: the Good, the Bad or the Ugly. Compiled by The Brenthurst Foundation and In Transformation Initiative, and workshopped with high-powered leaders in business and politics, the scenarios have stimulated intense public interest as the country grapples with its mounting problems. The good news is that there is a clear road towards a positive future. It will take courageous leadership and smart thinking to get there, but the ‘Good’ scenario is tantalisingly within grasp.
"In Caring for Our Own, Sandra Levitsky has written a moving and perceptive account of the dilemma facing those who provide care for frail family members. Based on in-depth interviews and participant observation with family caregivers and the social workers that attempt to ameliorate their burden, this book uncovers the complex ideological and political factors that have made long term care the neglected stepchild of the welfare state in the United States."-Jill Quadagno, Mildred and Claude Pepper Eminent Scholar in Social Gerontology, Florida State University Aging populations and dramatic changes in health care provision, household structure, and women's labor force participation over the last half century have created what many observers have dubbed a "crisis in care": demand for care of the old and infirm is rapidly growing, while the supply of private care within the family is substantially contracting. And yet, despite the well-documented adverse effects of contemporary care dilemmas on the economic security of families, the physical and mental health of family care providers, the bottom line of businesses, and the financial health of existing social welfare programs, American families have demonstrated little inclination for translating their private care problems into political demands for social policy reform. Caring for Our Own inverts an enduring question of social welfare politics. Rather than asking why the American state hasn't responded to unmet social welfare needs by expanding social entitlements, this book asks: Why don't American families view unmet social welfare needs as the basis for demands for new state entitlements? How do traditional beliefs in family responsibility for social welfare persist even in the face of well-documented unmet need? The answer, this book argues, lies in a better understanding of how individuals imagine solutions to the social welfare problems they confront and what prevents new understandings of social welfare provision from developing into political demand for alternative social arrangements. Caring for Our Own considers the powerful ways in which existing social policies shape the political imagination, reinforcing longstanding values about family responsibility, subverting grievances grounded in notions of social responsibility, and in some rare cases, constructing new models of social provision that would transcend existing ideological divisions in American social politics.
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.
This book brings together a series of papers and responses to papers presented at a conference on the minimum core content of socio-economic rights in Pretoria, South Africa, during August 2000. The papers describe, first from an international law perspective and then from a South African perspective, these socio-economic rights. In the process, the normative content of rights concerned is given flesh: the authors identify particular obligations that can be said to form the core of rights, such as the right to housing, the right to food, rights to education and social security and assistance. At the same time, the concept of a minimum core obligations of economic and social rights is problematised and the difficulties of using concepts, developed within the general and abstract realm of international law, in the more particular and concrete context of domestic rights adjudication are explored. As a result, this book contains a great deal of practical information and is useful for human rights practitioners, both legal and non-legal. It also provides some critical reflection on the conceptual framework from which it is derived.
While the depth and sophistication of South Africa’s financial and capital markets are lauded by indices the world over, South Africa is also considered to be the most unequal society in the world. The Economy On Your Doorstep probes the reasons for this tragic paradox of South African life and tries to go through and beyond the graphs, margin calls, trading updates, indices and earnings reports to explain how economic ‘actions’ frame the lives of South Africans in a transitional society faced with the challenges of unemployment, poverty and inequality. The economy is and always has been primarily about ‘people’. How they live, what they produce, under what conditions and what social, political and environmental factors influence decisions of consumption, investment and distribution – and how they act under conditions of uncertainty, scarcity, need and crisis. After all, economies are about people coming together to produce, exchange, distribute and consume goods and services that emerge from their communities and those of others. How and under what conditions can we ensure the expansion of our productive forces, while expanding access to the base of assets, services and support that allow for the social reproduction of our entire society and workforce? Ayabonga Cawe outlines some key areas that can and should define a policy agenda towards a ‘people’s economy’ in South Africa and the long-term objectives of such a policy programme, and engages with the political economy of 21st century South Africa through an analysis of a few selected areas of the economy and the implications of this for policy action. This is what this book is about – an exposition of what we see around us and an explanation and discussion of possible ways beyond it. In this well-researched book, Ayabonga Cawe, a development economist, columnist and broadcaster, makes sense of the post-apartheid political economy through the lives of the many people who live and survive in it every day.
A New York Times Book Review Editors' Choice "Extremely wide-ranging and well researched . . . In a tradition of protest literature rooted more in William Blake than in Marx." -Adam Gopnik, The New Yorker The epic story of how coffee connected and divided the modern world Coffee is an indispensable part of daily life for billions of people around the world. But few coffee drinkers know this story. It centers on the volcanic highlands of El Salvador, where James Hill, born in the slums of Manchester, England, founded one of the world's great coffee dynasties at the turn of the twentieth century. Adapting the innovations of the Industrial Revolution to plantation agriculture, Hill helped turn El Salvador into perhaps the most intensive monoculture in modern history-a place of extraordinary productivity, inequality, and violence. In the process, both El Salvador and the United States earned the nickname "Coffeeland," but for starkly different reasons, and with consequences that reach into the present. Provoking a reconsideration of what it means to be connected to faraway people and places, Coffeeland tells the hidden and surprising story of one of the most valuable commodities in the history of global capitalism.
The complexity of the American economy and polity has grown at an
explosive rate in our era of globalization. Yet as the 2008
financial crisis revealed, the evolution of the American state has
not proceeded apace. The crisis exposed the system's manifold
political and economic dysfunctionalities.
In microeconomics, the decisions and functioning of individual consumers and households (what to do, what to buy, etc.), and firms or other organisations (what goods to produce, how to produce them, what prices to charge, etc.) are considered. It includes the study of the demand, supply and prices of individual goods and services such as petrol, maize, haircuts and medical services. Understanding microeconomics is a comprehensive introduction to microeconomics in general, set against a contemporary South African background. The easy style and many practical examples make the content extremely accessible. The book covers all the material usually prescribed for introductory courses, and it lays a solid foundation for intermediate and advanced studies in economics. This second edition is a thoroughly revised and slightly expanded version of the original one. Examples have been adjusted (where necessary), a few new topics are introduced and review questions are provided at the end of each chapter.
This unique Handbook charts shifts in the relationship between risks and inequalities over the last few decades, analysing how inequalities shape risk and how risks condition and intensify inequalities. Expert contributors examine the impacts of environmental, financial, social, urban, economic, and digital risks on inequalities, at both national and global levels. Identifying how the rise of novel risk formations is associated with changes in contemporary political economies, chapters explore new areas of research including the new urban crisis, the gendered impacts of precarious labour and social inequality in relation to agro-biotechnology. Contributing to an underdeveloped area of research, the Handbook breaks new ground to explore how tackling important issues via the prism of risk and inequality can provide novel insights, that solely focusing on only one or the other of these issues cannot. This Handbook will be critical reading for scholars and students of sociology, sociological theory, geography and political science. Its exploration of shifts in contemporary socially produced risks will also be beneficial for practitioners, economists and policy makers in these areas.
Contingent Workers' Voice in Southern Europe investigates the manifold challenges posed by the continued expansion of the platform economy, the rise of non-standard forms of employment, and the diversification of work identities. Leading authors explore the potentialities and barriers for collective protection and representation of contingent workers in the platform economy, based on the experiences, needs, and aspirations of workers in Italy and Spain. Chapters undertake in-depth analyses of a diverse and innovative variety of initiatives for the protection, organization, and representation of contingent workers. The book ultimately constructs a framework to interpret the evolution of contingent workers' experiences, allowing trade unions, social movements, and cooperatives to develop organizational and representative practices that better respond to their needs. This incisive book will be of interest to researchers and advanced students of sociology, international relations, political science, and labour law. Its practical insights will also enable trade unionists, activists, and policymakers in the field of labour relations to make informed decisions and identify possible avenues for development. |
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