This incisive book provides key interdisciplinary perspectives on the current challenges faced by EU policymakers in framing and implementing a coherent European industrial policy, employing specific case studies from the digital, automotive, steel and defence industries as well as concrete examples of EU policies. Comprehensive and analytical, the book investigates the long-term structural causes of the absence of a strong industrial policy at Union level. Examining the tensions that exist between member states and EU institutions regarding industrial and competition policies, expert contributions assess the conditions for an integrated EU industrial policy to emerge. A comparative analysis between the industrial policies of the EU, US and China is developed as chapters explore how the EU maintains its position in global value chains while other major partners are forced to pursue strategic trade and industrial policies to retain their dominant position. The book concludes with a presentation of prospective scenarios to assess the future technological evolution of the EU. EU Industrial Policy in the Multipolar Economy will be an essential resource for academics and practitioners concerned with EU current affairs, global governance, industrial economics and international trade. Its use of case studies and original data will allow governments, EU institutions, NGOs and EU public affairs consultants and analysts to assess their policymaking options in the fields of research, industrial policy and sustainable development.

Statistics and their analysis are key to making mathematical sense of the world around us. In this textbook the authors underscore the importance of statistical methods and calculation skills and explain clearly and simply the key concepts and principles of statistics, so that they are easy to understand. The main purpose of the book is to make students more confident about handling statistical data and enable them to understand the meaning of the results obtained.

Statistical methods cover the collection of data, descriptive methods and inferential methods of analysis. Calculation skills cover elementary calculations, percentages and ratios, equations, graphs and interest calculations. The elementary calculations include basic calculations, such as exponents, decimals, scientific notation, logarithms, rounding and VAT calculations. This book teaches students with no mathematics background how to do basic calculations before concentrating on the statistical applications. For some courses, calculations such as interest, future values of investments, graphs and ratios form part of the core module and are also covered in this book.

Utilizing extensive research in economics, psychology, political science, neuroscience and evolutionary theory, Ananish Chaudhuri provides a critical perspective on the role of cognitive biases in decision-making during the Covid-19 pandemic. The extensive use of, and support for, stringent social distancing measures in particular is explored in depth. Nudged into Lockdown? provides clear explanations of complex scientific information regarding Covid-19, vaccines, and policy responses, to highlight issues at the center of policy-making during the pandemic. With a comprehensive overview of the policy debates around Covid-19, the book offers an alternative thought-provoking perspective on the topic, as well as suggestions for policy-making during future pandemics and other crises. It further highlights applications of a range of concepts from heuristics and biases literature, including priming, framing, anchoring, Prospect Theory, and loss aversion. Providing directions for future research in the area, this book will be an invigorating read for established academics, as well as postgraduate students looking to undertake research in Covid-19 related decision-making. It will also be a critical read for economics, political science, and public policy scholars seeking a deeper understanding of the topic.

Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business, and law, expertly written by the world’s leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. Through detailed discussion of the central principles of behavioral finance, this enlightening Advanced Introduction provides a balanced exploration of the broad issues within the field. Chapters explain the continuous development of the discipline and provide a useful differentiation between behavioral finance and standard finance. Key Features: Illustrates the various challenges and opportunities facing behavioral finance Provides clear definitions of key terms within the subject area of behavioral finance Investigates applications of behavioral finance in financial decision-making, including within corporate finance Explains why blending behavioral and standard approaches would likely improve financial understanding and lead to better decision-making This illuminating Advanced Introduction will be valuable for academics, researchers, and practitioners interested in behavioral finance. Students researching behavioral economics, economic psychology, and financial economics will also find it informative.

Keynes' macroeconomic revolution is based on his microfoundations of economic behavior derived from 'casual' observations but impressively substantiated by rigorous research in behavioral economics and neurology. Ronald Schettkat argues that the allegation of the missing microfoundations in Keynes' theory is false. Instead, both Keynes' theory and behavioral economics relate to humans in 'the economy we live in', differing substantially in their fundamentals from the neoclassical model. Showing that Keynes' micro has much in common with Behavioral Economics, the book starts with the fundamentals ranging from the methodological approach to economics as a real versus an axiomatic science and the consequences for knowledge building methods (interviews, observations, experiments), the rationality and equilibrium concepts to the functioning of markets, before delving into the topics in greater detail. Providing a thorough theoretical grounding in economics, this book will be a discerning read for economists, students of economics, political science, sociology and psychology as well as for the general public.

This comprehensive Handbook explores the complex and volatile debate over globalisation and labour standards. It offers key insights into the impact of globalisation on workers, the obligations of corporations and international legal bodies in protecting workers' rights and maximising the opportunities offered by international trade and investment. Multidisciplinary contributions illustrate the benefits and drawbacks of globalisation for labour standards, demonstrating the limitations of recent initiatives to improve working conditions. The chapters pay close attention to the buying practices of multinational corporations at the top of global value chains, the priorities of which too often diverge from the codes of corporate social responsibility, as well as the inadequate actions of national governments in enforcing labour standards, including through trade agreements and sanctions. Offering an impressive overview of the key actors in the protection of workers' rights, the Handbook provides an essential reference point and research agenda for scholars and researchers of global economics and labour policy, highlighting crucial gaps in the field that are in need of further study. Its practical, empirical insights will also benefit practitioners and policy-makers working in human rights and labour advocacy, as well as trade specialists and political and economic commentators.

This innovative book explores the foundations of the smart city and, through a critique of its challenges and concerns, showcases how to redefine the concept for increased sustainability, liveability and resilience in urban areas. It undertakes a review of the smart city concept, providing a new perspective on how technology-based urban solutions must be centred around human dimensions to render more liveable urban fabrics. Chapters highlight how existing digital infrastructures can be coupled with emerging ones, so that they can provide increased efficiency and performance, with an ultimate objective of rendering safer, more sustainable, resilient and inclusive cities, aligning with the needs of the SDGs. The book also covers emerging technologies and concepts, such as 6G and the '15-minute city', underlining how these can develop within smart city frameworks. This is an invigorating look into the concept of the smart city and how it can be improved and rethought, making it useful for urban studies and human geography academics and researchers. It also offers helpful insights for policy makers and planners on how to increase the quality of life in modern cities.

More than a decade after the publication of the critically acclaimed A Modern Guide to Macroeconomics, Brian Snowdon and Howard Vane have produced a worthy successor in the form of Modern Macroeconomics. Thoroughly extended, revised and updated, it will become the indispensable text for students and teachers of macroeconomics in the new millennium. The authors skilfully trace the origins, development and current state of modern macroeconomics from an historical perspective. They do so by thoroughly appraising the central tenets underlying the main competing schools of macroeconomic thought as well as their diverse policy implications. To reflect the important developments which have occurred in macroeconomics over the final decades of the twentieth century, they also survey the burgeoning literature on the 'new political macroeconomics' and 'economic growth'. The book includes insightful chapters on the Post Keynesian and Austrian schools by Paul Davidson and Roger Garrison, and is enlivened by interviews with leading economists such as Robert Skidelsky, James Tobin, Milton Friedman, Robert Lucas Jr, Edward Prescott, Gregory Mankiw, Alberto Alesina, Robert Solow and Paul Romer. The volume also contains an extensive bibliography of over 1,300 publications which highlights the key titles recommended for further student reading. Erudite, accessible and lucidly written, this book is both a stimulating introduction and excellent guide to the controversies and diversity of modern macroeconomic debates. It will prove invaluable for students on undergraduate and postgraduate courses who want to understand as well as simply learn about macroeconomics. It is also a book that many teachers and lecturers will want on their shelves.

In this timely and insightful book, Laura Maxim evaluates the use of socio-economic analysis (SEA) in the regulation of potentially carcinogenic, mutagenic, and toxic chemicals. Retracing the history of the use of cost-benefit analysis in chemical risk policies, this book presents contemporary discourse on the political success of SEA. Informed by empirical research, theoretical analysis, and professional experience in implementing EU Regulation on the Registration, Evaluation, Authorization and Restriction of Chemicals (REACH), Maxim proposes a new form of risk regulation called 'regulatory co-management', of which SEA has become a convenient tool. Chapters outline the controversy surrounding cost-benefit analysis in the US, the history of chemical regulation in Europe since 1967, and the construction and institutionalization of the European Chemicals Agency's (ECHA) socio-economic guidelines. The book concludes by analyzing legal, political, and ethical criticisms of the role of SEA in the authorization of chemicals such as lead chromate, chromium trioxide, and sodium dichromate. With direct relevance to ongoing debates about the revision of EU chemicals policy, this unique book will be essential reading for practitioners of socio-economic analysis and stakeholders involved in REACH. It will also be beneficial to academics and students of environmental governance and regulation, European politics and policy, and industrial economics.