Synthesising Marx's, Keynes's and Schumpeter's theories on wage-price dynamics, effective demand, real innovations and financial markets into a coherent whole, this book goes significantly beyond a consideration of their work in isolation. It focuses on exploring and analysing Goodwin's integrated Marx-Keynes-Schumpeter system (MKS), approaching this from a historical perspective. Chapters start from Harrod's and Kaldor's work, reconsidering prominent demand- and supply-side approaches to Keynesian macro-dynamics, supplemented by Goodwin's distributive cycle. The book presents a baseline MKS-type model, considering the rigorous treatment of uncertainty, opinion dynamics, the movement from flexicurity to social capitalism and democracy, and a high-order MKS macro-model. The exploration of the MKS model from a historical basis will make this a useful book for macroeconomics and history of economics scholars and students. It will also be helpful for those looking at macrodynamics in more depth.

This publication contains detailed tables showing international trade for 258 individual commodities (3-digit SITC groups) and eleven world trade tables covering trade values and indices up to the year 2013. The information contained is based on data provided by approximately 175 countries (areas), representing more than 90% of world trade of 2013. The publication is aimed at both specialist trade data users and common audience at large. The presented data, charts and analyses will benefit policy makers, government agencies, non-government organizations, civil society organizations, journalists, academics, researchers, students, businesses and anyone who is interested in trade issues. The information and analyses are presented in a way which can be comprehended by non-expert users of statistics.

This Modern Guide provides detailed theoretical and empirical insights into key areas of research in food economics. It takes a forward-looking perspective on how different actors in the food system shape the sustainability of food production, distribution, and consumption, as well as on major challenges to efficient and inclusive food systems. Analysing the main characteristics of modern food markets, chapters introduce readers to the economics of food systems, product differentiation, the mediating role of food retailers, and the increasing significance and complexity of international trade in food. Encapsulating new methods in the study of food economics and policy, this Modern Guide explores changes in food value chains and consumption. It further pushes the boundaries of food economics to include economic perspectives on the role of social media and technology such as genomics in shaping food systems. Offering key insights into the state-of-the-art debates in the field, this Modern Guide will be critical reading for graduate students and researchers of food economics. It will also be a timely book for practitioners in the field wishing to take a fresh look at issues shaping food systems.

Following rapid technological advancements that have taken place throughout the late 20th and early 21st centuries, this intriguing book provides a dynamic agenda for the study of artificial intelligence (AI) within finance. Through an in-depth consideration of the use of AI, it utilises case-study examples to investigate AI’s effectiveness within investment and banking. Artificial Intelligence and Financial Behaviour examines to what extent AI can guide people to improve their financial wellbeing. It explores potential effects of, and problems with, specific technologies, as well as describing current regulatory considerations regarding the use of AI and machine learning. Chapters succinctly portray the impact AI may have on investor and trader behaviour. This highly informative book will be beneficial for students and researchers studying behavioural and regulatory economics. It will also be immensely useful for financial regulators who are analysing problems from contemporary points of view.

"The Eagle and the Elephant" shows how economic engagement directly affects how the United States cooperates with India on strategic issues. Through case studies of major efforts, including civil nuclear cooperation, services outsourcing, antiterrorism, and electricity generation and the environment, Raymond E. Vickery Jr. presents both successful and unsuccessful instances of complex collaborations between the two nations.

Vickery draws on his own experience in the Commerce Department and as an economic consultant. Buttressed by information from official sources, journalistic accounts, and interviews, he offers new insight into the interplay of legislative and executive branch officials, policy proponents, business and nonprofit organizations, and activists.

Vickery explores how the United States employs commercial diplomacy as only one component of an overall economic engagement in the formation and implementation of foreign policy. This interaction, Vickery argues, has the potential to increase intergovernmental confidence and cooperation in areas vital to both countries and to world security and peace.

This incisive Handbook provides a global update on the state of knowledge in cooperatives and mutuals, expertly describing future directions for research and education. Showcasing extensive discussions of cooperative theory, Matthew Elliott and Michael Boland, and the contributors assess cooperatives' social, economic and environmental effects and analyse the impact of regional and cultural features that make cooperatives unique. The insightful chapters are organised into key sections, including theory, organisation, governance and cross-sector applications, and introduce a relevant theory, framework, special topic or mini case on cooperatives and mutuals. The Handbook also examines the role of leaders, members and producers in supply chain governance and looks at different forms of cooperatives and mutuals and their prominence in the economy. Offering an excellent in-depth read, this Handbook will be a vital additional resource for economics scholars and researchers, and those teaching and working on cooperatives and mutualism. It will also prove helpful for conducting leader and member education programs.

In an era where services play an increasingly vital role in servicified global value chains, this insightful book provides a comprehensive study of legal aspects of rules of origin for services and their importance in international trade. The author identifies and examines the defects in the current approach to rules of origin for services through an astute analysis of these rules in the General Agreement on Trade in Services and in preferential trade agreements. In addition, by asserting that trade in goods and trade in services cannot be separated, the author provides a comparative analysis of rules of origin in these two fields, offering a better understanding of their boundaries and connections. Paving the way for further development, the author concludes that certain aspects of rules of origin for goods, such as the product-based approach, may be repurposed for services. Addressing an area of rule making insufficiently explored to date, this book will prove important reading for students and scholars of international trade, economics, and governance. The focus on new patterns of international trade will also benefit trade experts, policy makers and businesses.

This authoritative book explores copyright and trade in the Pacific Rim under the Trans-Pacific Partnership (TPP), a mega-regional trade deal. Offering a perceptive critique of the TPP, Matthew Rimmer highlights the dissonance between Barack Obama's ideals that the agreement would be progressive and comprehensive and the substance of the trade deal. Rimmer considers the intellectual property chapter of the TPP, focusing on the debate over copyright terms, copyright exceptions, intermediary liability, and technological protection measures. He analyses the negotiations over trademark law, cybersquatting, geographical indications, and the plain packaging of tobacco products. The book also considers the debate over patent law and access to essential medicines, data protection and biologics, access to genetic resources, and the treatment of Indigenous intellectual property. Examining globalization and its discontents, the book concludes with policy solutions and recommendations for a truly progressive approach to intellectual property and trade. This book will be a valuable resource for scholars and students of intellectual property law, international economic law, and trade law. Its practical recommendations will also be beneficial for practitioners and policy makers working in the fields of intellectual property, investment, and trade.

Through a diversity of primary source resources that include works by politicians and literary figures, book reviews, and interviews, this book enables student readers to better understand literature of the Great Depression in context through original documents. Oklahoma drought refugees seeking livelihood in California, rural white Mississippians, and African American migrants making new lives in Chicago all represented the dramatic transitions across the spectrum of American life during the Great Depression. These vastly different groups of Americans still shared common experiences of desperation and poverty during the 1930s. This book focuses on literary works by three Depression-era authors—William Faulkner, John Steinbeck, and Richard Wright—and supplies dozens of primary source documents that serve to illuminate the harsh realities of life in the 1930s and enable students to better appreciate key pieces in American literature from the Great Depression era. The Depression Era: A Historical Exploration of Literature gives readers historical context for multiple works of American literature about the Great Depression through a wide range of features, including chronologies, essays explaining key events, and primary document excerpts as well as support materials that include activities, lesson plans, discussion questions, topics for further research, and suggested readings. The book's coverage includes William Faulkner's As I Lay Dying (1930), John Steinbeck's Of Mice and Men (1937), The Grapes of Wrath (1939), and Richard Wright's Native Son (1940).

In this fascinating book, Imad A. Moosa challenges existing preconceptions surrounding normative economics, arguing that what some economists see as undisputed facts of life may be myths caused by dogmatic thinking. With this in mind, Moosa argues that the alleged puzzles found in the economics and finance literature are not puzzles at all, because they can be explained intuitively, without the need for complex models or the extravaganza of econometrics. Plausible explanations are suggested for puzzles in various areas of economics and finance, such as the home bias puzzle, the PPP puzzle and the presidential puzzle. The author explains why some common beliefs are, in fact, myths, including those of the power of the market, inefficiency of the public sector and the use of low-interest policy to combat the depression caused by the Covid-19 outbreak. Controversies in Economics and Finance is a thought-provoking and stimulating read that exposes common flaws in economic analysis. It will be of great benefit to academics, graduate students and policy-makers looking to understand the limits of economic analysis.

Using a range of calculative devices, (Mis)managing Macroprudential Expectations explores the methods used by central banks to predict and govern the tail risks that could impact financial stability. Through an in-depth case study, the book utilises empirically-informed theoretical analysis to capture these low-probability and high-impact events, and offers a novel conceptualisation of the role of risk modelling within the macroprudential policy agenda. The book asserts that central banks’ efforts to capture tail risks go beyond macroprudential policy objectives of identifying and monitoring systemic risks to financial stability. It illustrates how the calculation of tail risk contributes to managing the expectations that regulated institutions have around the Bank of England’s macroprudential approach, its willingness to support struggling institutions, and its use of novel macroprudential policy tools. Situating tail risk within the broader realm of climate finance, chapters contend that the identification of future climate tail risks simultaneously reveals opportunities for private profit and non-bank lending within the financial system, in ways that are potentially destabilizing. The book concludes by highlighting the social and political limitations of central banks’ new macroprudential approach. Transdisciplinary in approach, this book will be invaluable to students and scholars interested in the intersections between climate studies, political science and public policy, environmental economics, banking and finance, and political economy. Its practical applications will also be a useful resource to climate and finance policymakers working in central banking.

What do Walter Sisulu, Paul Xiniwe, Bertha Mkhize and John Tengo Jabavu have in common? They were all Black South African business people, and only a few of the names of the elite who were able to build successful enterprises against all odds in industries such as agriculture, media, financial services, retail, real estate, transport, hoteliering and more during the colonial and apartheid eras.

In many cases, they were also political activists as necessitated by the oppressive conditions of the time in order to fight for equal rights to enterprise and markets. Here their stories as entrepreneurs as well as political actors are profiled, showing the inexplicable relationship between the two.

The history of Black South African enterprise pre- and post-colonially in areas like mining is also explored, showing that this was nothing alien or unexpected and instead, that oppression curtailed the majority of enterprise that was possible and blocked out competition through dispossession.

This new edition Workbook has been fully updated for 2019 and covers Theme 4 A global perspective A-level Paper 2 The national and global economy, and A-level Paper 3 Microeconomics and Macroeconomics will both draw on topics from Theme 4. Up-to-date and focused to help students practice their skills and improve their subject knowledge both inside and outside the classroom, this Practice Workbook: -Covers specific aspects of the course, providing targeted support for complex and challenging topics -Reinforces students' understanding, with more new practice questions and exam-style questions to develop their skills and improve their confidence -Includes more sample answers with commentary to help students meet the demands of the specification -Adapts easily and flexibly to existing textbooks and schemes of work -Provides opportunities for self-directed learning and self-testing, helping students revise on their own terms

This insightful book examines the role of micro-politics in the life of global industry associations. Karsten Ronit addresses the various rules and norms required to administer these associations, highlighting the importance of managing variations in complex member demands and responding to expectations in their institutional environment. Posing a variety of empirical and theoretical challenges, the author charts the state of the art in the study of industry associations, evaluating the current condition of research in the field. Ronit offers a systematic approach to the role of global industry associations, identifying, classifying and analysing the diverse population of industry associations and the expressions of micro-politics that occur within them. Addressing key dilemmas such as leadership, resource allocation and regulation, Ronit examines the many policy areas in which industry associations are active and the areas in which their activities overlap with other policy actors. Offering a critical conceptual exploration of the significance of industry associations, this cutting-edge book is crucial reading for scholars and students researching business and politics, particularly those interested in associational governance in global industries. It will also benefit practitioners working in business associations and consulting firms, as well as policymakers addressing industry associations.

Cultural economics has become well established as a subject of interest for students and instructors of courses ranging from economics to arts administration as well as for policy-makers and practitioners in the creative industries. Digitization has had a tremendous impact on many areas of the creative economy and the third edition of this popular book fully reflects it. The Handbook of Cultural Economics is an acknowledged leading source for students, teachers and others interested in finding out about the subject. Cultural economics covers a wide range of topics and they are reflected in the many short and accessibly written chapters. Each chapter is written by a specialist in the subject and offers both suggestions for further reading and cross-references to other related chapters in the book. It therefore combines accessibility with depth of knowledge. The intention of the book is to introduce the reader to the various topics and to testify to the strength of economics in explaining the economic aspects of the world of the arts and creative industries. The third edition demonstrates the huge impact that digitization has had on production and consumption in the sector. While being accessible to any reader with a basic knowledge of economics, it presents a comprehensive study at the forefront of the field for students and teachers of economics, business economics, creative industries, and media and arts administration as well as for policy-makers. Contributors include: O. Ashenfelter, V. Ateca Amestoy, M. Bacache-Beauvallet, W. Baumol, P. Belleflamme, P.J. Benghozi, F. Benhamou, T. Bille, M. Blaug, K. Borowiecki, M. Bourreau, S. Cameron, D.C. Chisholm, F. Colbert, T. Cuccia, C. Dalla Chiesa, J. Denis, P. Di Caro, G. Doyle, J. Farchy, V. Fernandez-Blanco, B. Frey, O. Gergaud, V. Ginsburgh, M. Gomez-Vega, K. Graddy, A. Haddida, C. Handke, L.C. Herrero-Prieto, M. Hutter, W.M. Landes, M. Lavanga, Y.-H. Liu, I. Mazza, C. McAndrew, J. McKenzie, T. Navarrete, D. Netzer, J.W. O Hagan, T. Orme, M. Peitz, J. Prieto-Rodriguez, H. Ranaivoson, M. Rushton, G. Schulze, B. Seaman, S. Shin, J. Snowball, D. Throsby, R. Towse, O. Velthuis, R. Watt, J. Waldfogel, G. Withers, M. Zieba

With contributions from top scholars in the field, this cutting-edge Handbook critically examines the effects of glocalisation on various subdisciplines of the humanities and social sciences. Broad and innovative, it provides a fresh take on the different forms of the glocal in contemporary culture. Using engaging case studies, humanities scholars examine how glocalisation has impacted archaeology, art, literature, philosophy, law and food; social science experts discuss the impact on tourism, religion, urban studies, criminology, education and sports. Forward-thinking, the volume engages with new developments in media and communication, considering how technological innovation, digitisation and the mediatised world affect interrelations in consumer culture. It concludes with an examination of new research frontiers, considering translocality, world science theory, and post-colonialism to expand the field by developing original approaches and suggesting new directions for research. Featuring practical insights from a wide range of disciplines, this Handbook is invaluable for students and scholars across the humanities and social sciences. It will also benefit policy makers within cultural domains concerned with glocalisation.

This crucial Handbook investigates an urgent area for policy-makers, academia and industries alike: the circular economy. International experts on the subject bring together the latest thinking on this critical global issue. Providing a comprehensive overview of the mechanisms and consequences of the circular economy, as well as its limitations, it raises important questions concerning how the world should proceed when non-renewable resources, such as fossil fuels and minerals, are being depleted and the environment is struggling to cope with the waste and emissions of unsustainable production and consumption systems. Contributors explore a broad range of themes, such as new sustainable production and consumption systems, new design requirements, recycling systems, new business models and the social impacts of the circular economy, while also consolidating the many ways in which the topic has been dealt with in research, business and policy-making. Shedding light on a concept that has become increasingly relevant during the last decade, the Handbook of the Circular Economy is essential reading for students, academics and policy-makers trying to make sense of the plethora of ways in which the term has been applied and interpreted.

When Wisconsin governor Scott Walker stood shoulder-to-shoulder with President Trump and Speaker of the House Paul Ryan at the White House in July 2017, they painted a glorious picture of his state's future. Foxconn, the enormous China-based electronics firm, was promising to bring TV manufacturing back to the United States with a $10 billion investment and 13,000 well-paying jobs. They actually were making America great again, they crowed. Two years later, the project was in shambles. Ten thousand construction workers were supposed to have been building what Trump had promised would be "the eighth wonder of the world." Instead, land had been seized, homes had been destroyed, and hundreds of millions of municipal dollars had been committed for just a few hundred jobs-nowhere near enough for Foxconn to earn the incentives Walker had shoveled at them. In Foxconned, journalist Lawrence Tabak details the full story of this utter collapse, which was disturbingly inevitable. As Tabak shows, everything about Foxconn was a disaster. But worse, he reveals how the economic incentive infrastructure across the country is broken, leading to waste, cronyism, and the steady transfer of tax revenue to corporations. Tabak details every kind of financial chicanery, from eminent-domain abuse to good old-fashioned looting-all to benefit a coterie of consultants, politicians, and contractors. With compassion and care, he also reports the distressing stories of the many individuals whose lives were upended by Foxconn. Powerful and resonant, Foxconned is both the definitive autopsy of the Foxconn fiasco and a dire warning to communities and states nationwide.

This thought-provoking book investigates the political and economic transformation that has taken place over the past three decades in Central, Eastern and Southeastern Europe (CESEE) since the fall of the Iron Curtain. Through an examination of both the successes and shortcomings of post communist reform and the challenges ahead for the region, it explores the topical issues of economic transition and integration, highlighting important lessons to be learned. Featuring contributions from both top academics and experienced policymakers, 30 Years of Transition in Europe first discusses the process of transition in CESEE from a historical perspective, analysing the impacts of differing approaches on economic and monetary policy, the role of central banks and the speed of reform in various countries of the region. Chapters also compare CESEE transformations to emerging economies in Asia, and examine contemporary concerns around financial and monetary stability, as well as exploring the long-term determinants of economic growth such as digitalization, climate change and demographic trends. Economists, central bankers, and policymakers in the banking sector and other international financial organizations will find this book an enlightening read. It will also be useful for academics in economics and politics with a particular interest in emerging European economies and European integration.

The aim of The Legal Foundations of Micro-Institutional Performance is to introduce the reader to a different way of thinking about economics that will allow them to both understand and apply legal concepts to economic analysis. To this end, it adopts and further develops Wesley Hohfeld's legal framework of jural (legal) relations as a tool of analysis. This analytical tool, as built into the Legal-Economic Performance framework, provides specific direction in identifying and describing interdependence among economic agents (including rights, duties, liberties and exposure to various acts). The framework adopted and developed in this book relies on the concept of interdependence--that all economic agents are tied together in a legal system given the inherent interdependent nature of transactions in a complex modern global economy. The authors start by developing this framework and then apply it to a variety of settings and empirical examples. Using this new method, economists will be able to reshape their analysis to account for how legal systems and specific legal rules impact economic performance and outcomes. This approach will be of great interest to graduate and advanced undergraduate social science scholars, faculty interested in the intersections of law and economics and the application of legal concepts to impact analysis, and practitioners in the fields of policy, law and economics.

Developed for the new International A Level specification, these new resources are specifically designed for international students, with a strong focus on progression, recognition and transferable skills, allowing learning in a local context to a global standard. Recognised by universities worldwide and fully comparable to UK reformed GCE A levels. Supports a modular approach, in line with the specification. Appropriate international content puts learning in a real-world context, to a global standard, making it engaging and relevant for all learners. Reviewed by a language specialist to ensure materials are written in a clear and accessible style. The embedded transferable skills, needed for progression to higher education and employment, are signposted so students understand what skills they are developing and therefore go on to use these skills more effectively in the future. Exam practice provides opportunities to assess understanding and progress, so students can make the best progress they can.

Developed for the new International A Level specification, these new resources are specifically designed for international students, with a strong focus on progression, recognition and transferable skills, allowing learning in a local context to a global standard. Recognised by universities worldwide and fully comparable to UK reformed GCE A levels. Supports a modular approach, in line with the specification. Appropriate international content puts learning in a real-world context, to a global standard, making it engaging and relevant for all learners. Reviewed by a language specialist to ensure materials are written in a clear and accessible style. The embedded transferable skills, needed for progression to higher education and employment, are signposted so students understand what skills they are developing and therefore go on to use these skills more effectively in the future. Exam practice provides opportunities to assess understanding and progress, so students can make the best progress they can.

This insightful book examines the growing role of China on the global stage by gauging the varying reactions of international spectators to Beijing's hugely significant Belt and Road Initiative. Featuring detailed studies of key geologistical projects, Peter Rimmer charts the swift transformation of China's domestic logistics systems into a global geologistics policy.   Analyses of major international logistical projects, from the Great Stone Industrial Park of Belarus, through the ports of Gwadar, Piraeus, Darwin and Sabetta to the Nicaragua Canal, illustrate the global impact of China's geologistical developments and how key logistics skills are exported through the Silk Road Economic Belt and the 21st Century Maritime Silk Road. This book distils China's global logistics developments into three basic models - the transcontinental, the reverse and the classic - to reflect upon the effects of the first five years of the Belt and Road Initiative. Laced with detailed empirical studies and an array of illustrative maps, Rimmer assesses the domestic impact of the Initiative thus far and offers an astute appraisal of the imperial connotations of Beijing's global logistical project.   This enlightening book provides crucial insights for academics and researchers in political science, transport studies and economics investigating China's recent policy initiatives, particularly those who examine the impact of geologistics. Policymakers and commentators will also benefit from the author's unique empirical insight into global logistics development.