This timely and perceptive book addresses the issues surrounding the adequacy of old age income for future pensioners worldwide. It highlights how today's young people are confronted with the simultaneous challenges of increasing employment uncertainty and declining pension generosity - topics which are highly relevant in contemporary welfare states. This pivotal study of the relationship between the current labour market and future pensions explores the ways in which public policies relating to education, employment, and welfare work to sustain a decent living standard during retirement. Using a diverse range of comparative studies across a multitude of countries and nation-specific case studies, chapters consider the influence of institutions and social, cultural, and economic norms on public pensions and retirement saving behaviours in young adults. Providing a valuable insight into contemporary research findings, this innovative book will be essential reading for students and scholars in the areas of welfare states, labour economics, pensions, and the sociology of youth. Policymakers in these fields will also benefit from its analysis of sustainable pension policy development.

Providing a broad overview of the impact of COVID-19 on economic development, this timely book closely examines the macroeconomic aspects of economic development and the design of monetary policies including under extreme crises. Raghbendra Jha expertly introduces the subject, highlighting the links between economic growth and macroeconomic stability and illustrates a snapshot of economic development. Thoughtful discussions on measurements and limitations of the Human Development Index as well as the role of institutions and the design for monetary policy are also thoroughly reviewed. Furthermore, the book considers the open economy aspects of economic development and the challenges experienced following the global COVID-19 pandemic and beyond. The insightful overview of this evolving subject will be crucial reading for scholars interested in economic development, undergraduate and graduate students of economics, as well as economics scholars more broadly. Policymakers, both nationally and internationally, will find the discussions surrounding the design of monetary policies informative and illuminating.

Presenting a truly comprehensive history of Basic Income, Malcolm Torry explores the evolution of the concept of a regular unconditional income for every individual, as well as examining other types of income as they relate to its history. Examining the beginnings of the modern debate at the end of the eighteenth century right up to the current global discussion, this book draws on a vast array of original historical sources and serves as both an in-depth study of, and introduction to, Basic Income and its history. Commencing with Thomas Paine's advocacy for Basic Capital and Thomas Spence's for a Basic Income, Torry analyses thought from a variety of authors during the nineteenth and twentieth centuries and explores the widespread debate across Europe from the 1980s to the present day. Chapters further investigate a terminologically diverse debate in Canada and the USA and highlight the significance of recent research on feasibility in the UK. Concluding with a study of the anatomy of what is now a single global debate about Basic Income, this book will be of value to policy makers, students and scholars of Basic Income, social and economic history, and the economics of social policy.

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. This Advanced Introduction provides a critical review and discussion of research concerning spatial statistics, differentiating between it and spatial econometrics, to answer a set of core questions covering the geographic-tagging-of-data origins of the concept and its theoretical underpinnings, conceptual advances, and challenges for future scholarly work. It offers a vital tool for understanding spatial statistics and surveys how concerns about violating the independent observations assumption of statistical analysis developed into this discipline. Key Features: A concise overview of spatial statistics theory and methods, looking at parallel developments in geostatistics and spatial econometrics, highlighting the eclipsing of centography and point pattern analysis by geostatistics and spatial autoregression, and the emergence of local analysis Contemporary descriptions of popular geospatial random variables, emphasizing one- and two-parameter spatial autoregression specifications, and Moran eigenvector spatial filtering coupled with a broad coverage of statistical estimation techniques A detailed articulation of a spatial statistical workflow conceptualization The helpful insights from empirical applications of spatial statistics in agronomy, criminology, demography, economics, epidemiology, geography, remotely sensed data, urban studies, and zoology/botany, will make this book a useful tool for upper-level students in these disciplines.

This unique book traces the origins and evolution of environmental policy formation, comparing the differences in this process between developing and developed countries. It focuses on the importance of the state's role and issues of timing and sequence in the creation of environmental policies. Expert contributors provide new insights into how the environment as a concept and environmental policies have evolved. They analyse how ''latecomer public policy'' is related to the dilemma between industrial development and maintaining high environmental standards, especially in developing countries. Chapters also examine these processes in a variety of regions with rich records of environmental policies and trajectories of change. Taking a historical and path dependence approach, the book emphasises the significance of the role of administrative systems, policy coordination and timing in the success or failure of environmental policies. This book will be a valuable resource for academics and students of environmental studies, public policy, public administration and regional studies. Its synthesis of empirical data and case studies from countries including China, Taiwan, Thailand, the US and Germany will also be beneficial for policymakers.

This thought-provoking book analyses the process of labour commodification, through which the individual's ability to earn a basic living becomes dependent on the conditions of the market relationship. Building on the premise that the separation of a group of individuals from the means of production is an intrinsic element of capitalism, Fausto Corvino theorises that this implies a form of domination in a neo-republican sense. Proposing an original theory of global justice denoted as a minimum de-commodification of labour power, this book explains the ways in which this cosmopolitan principle resists the criticisms that are commonly advanced against classic theories of global justice and charts a theory falling between the neo-republican and labour republican approaches. It stimulates the debate on, and moral critique of, capitalism and the obstacles it poses to individual freedoms, with a focus on exploitation and domination. Global Justice, Markets and Domination will be a key resource for students and scholars researching capitalism and analytical Marxism, political economics and human rights. It will also be of benefit to those interested in theories of global and distributive justice and the economic implications of the neo-republican theory of freedom as non-domination.

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.

Presenting an in-depth overview of the foundations and developments of post-Keynesian macroeconomics since Kalecki and Keynes, this timely book develops a comprehensive post-Keynesian macroeconomic model with the respective macroeconomic policy mix for achieving non-inflationary full employment. The different versions of the model for closed and open economies are concerned with the key areas of macroeconomics, such as full employment, constant inflation and external balance. Eckhard Hein expertly illustrates how to embed these post-Keynesian macroeconomics and macroeconomic policies into the post-Keynesian research programme more generally, whilst also providing a review of its methods and historical roots. Furthermore, the book links post-Keynesian short-run macroeconomics to long-run distribution and growth theories. Finally, it applies these theoretical approaches to the current research on macroeconomic regimes and regime changes within finance-dominated capitalism and on the macroeconomic challenges of the ecological crisis and of the required socio-ecological transformation. This book will be a crucial read for academics and graduate students interested in post-Keynesian macroeconomics. Providing a thought-provoking alternative to orthodox economic policies, this will also be of interest to policy advisers and politicians.

The New York Times bestseller from business journalist Christopher Leonard infiltrates one of America’s most mysterious institutions—the Federal Reserve—to show how its policies spearheaded by Chairman Jerome Powell over the past ten years have accelerated income inequality and put our country’s economic stability at risk. If you asked most people what forces led to today’s unprecedented income inequality and financial crashes, no one would say the Federal Reserve. For most of its history, the Fed has enjoyed the fawning adoration of the press. When the economy grew, it was credited to the Fed. When the economy imploded in 2008, the Fed got credit for rescuing us. But here, for the first time, is the inside story of how the Fed has reshaped the American economy for the worse. It all started on November 3, 2010, when the Fed began a radical intervention called quantitative easing. In just a few short years, the Fed more than quadrupled the money supply with one goal: to encourage banks and other investors to extend more risky debt. Leaders at the Fed knew that they were undertaking a bold experiment that would produce few real jobs, with long-term risks that were hard to measure. But the Fed proceeded anyway…and then found itself trapped. Once it printed all that money, there was no way to withdraw it from circulation. The Fed tried several times, only to see the market start to crash, at which point the Fed turned the money spigot back on. That’s what it did when COVID hit, printing 300 years’ worth of money in a few short months. Which brings us to now: Ten years on, the gap between the rich and poor has grown dramatically, inflation is raging, and the stock market is driven by boom, busts, and bailouts. Middle-class Americans seem stuck in a stage of permanent stagnation, with wage gains wiped out by high prices even as they remain buried under credit card debt, car loan debt, and student debt. Meanwhile, the “too big to fail” banks remain bigger and more powerful than ever while the richest Americans enjoy the gains of a hyper-charged financial system. The Lords of Easy Money “skillfully” (The Wall Street Journal) tells the “fascinating” (The New York Times) tale of how quantitative easing is imperiling the American economy through the story of the one man who tried to warn us. This is the first inside story of how we really got here—and why our economy rests on such unstable ground.

Islamic Social Finance provides an introduction to the Waqf system, which has played a significant socio-economic role throughout the history of Islamic civilization. In a contemporary framework, Waqf creates new networks between micro-entrepreneurs, Small and Medium Sized Enterprises (SMEs), and entrepreneurship through voluntary donations made by individuals in a society. In other contexts, Waqf supports the financial system and contributes to the UN sustainable development goals (SDGs). The authors explore the relationship between the roles Waqf plays in realizing the SDGs, its contributions in many sectors of the economy, and the Waqf practices among the Southeast Asia countries, particularly Malaysia. They highlight the existing Waqf models and framework that have been used by many countries for entrepreneurship that can be used or adapted for the benefits of SMEs. This book is a comprehensive overview for academics, postgraduate students, entrepreneurs, and policy makers who wish to understand how Waqf can contribute to the economic progress of individuals and society at large.

Providing an insightful analysis of the key issues and significant trends relating to labour within the platform economy, this Modern Guide considers the existing comparative evidence covering all world regions. It also provides an in-depth look at digital labour platforms in their historical, economic and geographical contexts. Highlighting the diversity of experience of platform work, case studies illustrate how general trends play out, both in online and location-based labour platforms, across the globe. Chapters illustrate a need for a post-pandemic regulatory requirement of digital labour platforms at different policy levels, whilst providing a general overview of key topics. Interlinking contributions with a global scope and coverage identify the challenges faced and offer thoughtful regulatory solutions. This engaging book will be an invaluable resource for academics of labour economics, legal and business studies and sociology. It will also benefit policy makers in social and political geography and political science looking for a deeper understanding of the topic.

Elgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary. This exciting Research Agenda offers a multi-disciplinary and historically informed programme for the further investigation of the global political economy of the corporate sector. It tackles the question, can and should the corporation be reformed? Christopher May develops a range of intersecting areas for research while also offering an account of the possibilities for the reform of the global corporation. Based on an understanding of the history of corporations, the author provides key insights into their management and political agency as well as the operation of the global corporate supply chain. Drawing links between a range of disciplines and perspectives on business enterprises, May calls for a more nuanced understanding of the global corporate sector in order to better comprehend the contours of the contemporary global capitalist system. This Research Agenda will be a valuable resource for students and academics of politics, economics, sociology and law, who are curious to explore the corporation in relation to their area of study.

The Consumer Welfare Hypothesis in Law and Economics is a compelling account of market relations with firm roots in economic theory and legal practice. This incisive book challenges the mainstream view that allocative efficiency is about total welfare maximisation. Instead, it argues for the consumer welfare hypothesis, in which allocating resources efficiently means maximising consumer welfare, and demonstrates that legal structures such as antitrust and consumer law are in reality designed and practised with this goal in mind. Using this paradigm, Fabrizio Esposito overcomes the opposition between efficiency and distribution and provides a firmer basis for debates about the foundations of contract law, antitrust law and consumer law, particularly in the European Union. The outcome is a bilateral view of the connection between the law and the economy and a rich research agenda to further understanding of the legal-economic nexus. Scholars and students of law and economics, as well as contract, consumer and antitrust and competition law will find this book a thought-provoking study. Its innovative yet straightforward conceptual framework will also be of interest to practitioners, policymakers and stakeholders in these fields.

This comprehensive and stimulating Handbook examines the contribution of political economy to public policy. It provides an overview of several strands of critical political economy, supported by case studies from OECD countries, Latin America, South Africa, and South and East Asia. With discussions on key theories of political economy, the Handbook introduces cultural and feminist political economies, engaging critically with ordoliberalism and New Public Management. Chapters feature discussions on political economic approaches to the global division of labor, financialization and dispossession in Latin America, ecological perspectives on sustainability in China, global exploitation chains in agriculture, and postcolonial criticisms of economic development. The Handbook concludes with an exploration of the relationship between political economy and social policy, global health, and public policies. Providing a combination of critical engagement with the various theories of political economy and their application to key economic policies, this will be essential reading for students and academics in comparative politics, economics and finance, international relations, political economy, public policy, and political science. Policymakers interested in addressing socially and environmentally unsustainable practices will also find this an illuminating and informative resource.

This incisive Handbook offers a timely and critical analysis of the gendered nature of public sector employment. Bringing together key theoretical, conceptual, and empirical research from around the world, Hazel Conley and Paula Koskinen Sandberg examine the ways in which female public sector workers experience intersectional discrimination in the workplace. Covering key sites of employment for women across the globe, the Handbook considers a comprehensive range of gendered public sector occupations. Chapters investigate how women's employment in public services is influenced by complex political and economic tensions, exploring core issues such as the relationship between gender, ethnicity, occupational segregation and work-life balance, flexible working, and workplace bullying; gendered pay and pension inequality; the sources of feminist activism in public sector employment; and the impact of the pandemic on feminised public sector occupations. Ultimately, the Handbook highlights that while change is possible, it will require a radical rethinking of how public services are valued and funded in society. Providing cutting-edge analysis and empirical data on gender and public sector employment, this Handbook will be an essential resource for academics and researchers interested in the role of the State as Employer. Its thought-provoking yet accessible insights into gendered employment will further benefit students of social policy, gender politics, employment relations, and the sociology of work.

This Handbook collects a set of academic and accessible chapters to address three questions: What should real estate economists know about macroeconomics? What should macroeconomists know about real estate? What should readers know about the interaction between real estate and macroeconomics? Content is focused on four widely discussed themes: real estate-related wealth and macroeconomics, housing price dynamics and affordability, financial crises and structural change, and non-residential real estate. The chapter authors, active researchers from around the world, present evidence from various countries and datasets that are of interest to audiences across the globe, summarize insights from previous research and shed light on current issues. The Handbook of Real Estate and Macroeconomics assists researchers on the big picture as well as a hot spots in frontier research, and facilitates worldwide policy discussions and analysis for practitioners in financial markets, corporate economists, and policy analysts in governments and NGOs.

This accessible guide to the rapidly growing and interdisciplinary field of modern economic sociology offers critical insights into its fundamental concepts and developments. International in scope, contributions from leading economic sociologists and sociologically-minded economists explore the intersections and implications for theory and empirical research in both disciplines. A Modern Guide to Economic Sociology positions contemporary studies in relation to earlier developments, highlighting the importance of understanding how stages of economic sociology have corresponded and converged with institutional, social, political and behavioural economics over time. Chapters offer a broad range of perspectives of topical and pressing themes including: wealth inequality, unsustainable development, ethical consumption, society and work, institutions and the economy, and society and entrepreneurship. Covering both empirical and theoretical aspects of the field, this book will benefit economic sociologists as well as economic sociology students. It will also be an important read for both economics and sociology students looking to better understand the interactions between the two fields and how they depend upon and advance one another.

Healing the economic and social wounds inflicted by the COVID-19 pandemic will take time, but the long road to recovery presents a unique opportunity to build back better. To catalyze change and succeed in the post-pandemic era, economic development policy and practice must see the crisis as an opportunity to rethink and redesign regional economic systems. This will involve creating a shared understanding of – and policies to address – the differential impacts of the pandemic across occupations, industries, and socioeconomic groups. Rethinking how existing economic development tools, frameworks, and practices can be optimized has never been more compelling. Special attention must be given to interventions capable of accelerating desirable trends that will shape the next normal in our contemporary discussions on the COVID-19 pandemic. This book explores the challenges and opportunities heralded by the virus in the broadest sense and presents case studies on equitable and inclusive economic recoveries. Regional Economic Systems after COVID-19 offers actionable insights for regional policymakers, business leaders, investment and trade promotion agencies, site selectors, students, scholars, researchers, and organizations involved in tourism, foreign direct investment, and economic development.

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.

'This wise and lucid guide to pluralism in economics embodies the values of its cause. Generous, open-minded, fair, accurate and accessible: John Harvey's new book is a fine achievement that every economics major should read.' - James K. Galbraith, The University of Texas at Austin, USJohn Harvey's accessible book provides a non-technical yet rigorous introduction to various schools of thought in economics. Premised on the idea that economic thinking has been stunted by the almost complete rejection of anything outside the mainstream, the author hopes that this volume will open readers' minds and lead them in new and productive directions. In his exploration of Neoclassical, Marxist, Austrian, Post Keynesian, Institutionalist, New Institutionalist and Feminist schools of thought, unique features of each approach are highlighted, complemented by discussions of methodology, world views, popular themes, and current activities. Accurate and impartial, every chapter covering a heterodox school of thought has been vetted by an acknowledged expert in that field. Though written for use in undergraduate courses, this guide will no doubt offer a great deal to any scholar wishing to gain a fresh perspective and greater understanding of the variety and breadth of current economic thinking.

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. This Advanced Introduction to Social Capital provides an overview of cutting-edge research on social capital. Karen Cook highlights the networks, norms, and trust involved in social capital that facilitate cooperation, strengthen civil society, and contribute to social order, indicating how each contributes to the collective good and provides resources of value to individuals, organizations, and institutions. Key Features: Cross-cultural comparisons of the role of social networks in a number of domains of activity A critical focus on the importance of tolerance and the reaffirmation of democratic principles and practices An understanding of current social and political challenges related to polarization, such as inequality and trust limitations This timely Advanced Introduction is crucial reading for students and researchers in sociology and political science who are looking for an overview of social capital. It will also be an inspiring read for scholars of public policy, particularly those concerned with public management and its impact on social capital.

Students and instructors are living through a pandemic that has changed how and what they teach, and how and where they learn. The COVID-19 Update of Principles of Economics, Third Edition, provides the information that students need to make sense of the impacts COVID-19 has had on the economy. The Update Edition has been completely revised to include new examples, new data, new policies, and more. All of Norton's digital resources fully integrate with most learning management systems, providing the flexibility instructors need in this changed world.

The ideal introduction to the exciting world of economic theory and data analysis. For students taking a course on the Principles of Economics Economics, 11th edition by Sloman, Garratt, and Guest, is the ultimate guide to the fascinating subject of Economics. The book is essential for the students who want to get a solid understanding of the key concepts in economic theory and practice. With content that is accessible and easy to follow, this latest version will allow you to take your first steps into thinking like an economist. The latest edition provides valuable insight into the constantly changing and often complex issues that economists face today. The updated comprehensive study material comes with extensive revisions, and the content has been improved, discussing the latest events and developments in the field. The book touches upon some of the major issues the world is facing in the 2020s from an analytical and critical point of view, prompting you to adopt the economist way of thinking and reflect on both the economic problems and opportunities it presents. Some issues include the effects of the Covid-19 pandemic and aftermath, globalisation, climate emergency facing our planet, the rise in populism and large-scale migration of people across and within continents. From theory to practical, real-life applications, contemporary issues, and events, this is a leading student text and definitive guide on the principles of Economics. Personalise learning with MyLab (R) Economics. By combining trusted author content with digital tools and a flexible platform, MyLab Economics personalises the learning experience and improves results for each student. 9781292405421 Sloman, Garratt & Guest, Economics, 11th edition PLUS MyLab (R) Economics with eText access card Pack consists of: 9781292405339 Economics, 11e (print book) 9781292405377 MyLab (R) Economics Instant Access Card 9781292405384 MyLab (R) Economics eText Pearson, the world's learning company. NOTE: Before purchasing, check with your instructor to confirm the correct ISBN. Several versions of the MyLab (R) platforms exist for each title, and registrations are not transferable. To register for and use MyLab Economics, you may also need a Course ID, which your instructor will provide. Used books, rentals, and purchases made outside of Pearson:If purchasing or renting from companies other than Pearson, the access codes for the MyLab platform may not be included, be incorrect, or previously redeemed. Check with the seller before completing your purchase.

This comprehensive Encyclopedia is an indispensable resource in the area of law and development. Bringing together more than 80 entries, the Encyclopedia spans a variety of approaches, contextualised histories, recent developments and forward-looking insights into the role of law in development. Entries cover the social, economic and environmental aspects of sustainable development, and offer a conceptual and contextualised perspective on key topics and terms. The Encyclopedia pluralises scholarship in the field by featuring eminent scholars of law and development alongside up-and-coming voices from both the Global South and North with diverse approaches and backgrounds. The Encyclopedia of Law and Development is an invaluable reference point for scholars seeking to engage with issues at the intersection of law and development from both within and outside of the legal field. It is also a thorough but succinct overview for post-graduate students wishing to familiarise themselves with the various aspects of law and development research and study. Key features: More than 80 entries Organised alphabetically for ease of reference Entries by both leading scholars and up-and-coming voices Each entry features selected references for further study Up-to-date outlook linked to the 2030 Agenda for Sustainable Development and Sustainable Development Goals.