Today's unprecedented growth of data and their ubiquity in our lives are signs that the data revolution is transforming the world. And yet much of the value of data remains untapped. Data collected for one purpose have the potential to generate economic and social value in applications far beyond those originally anticipated. But many barriers stand in the way, ranging from misaligned incentives and incompatible data systems to a fundamental lack of trust. World Development Report 2021: Data for Better Lives explores the tremendous potential of the changing data landscape to improve the lives of poor people, while also acknowledging its potential to open back doors that can harm individuals, businesses, and societies. To address this tension between the helpful and harmful potential of data, this Report calls for a new social contract that enables the use and reuse of data to create economic and social value, ensures equitable access to that value, and fosters trust that data will not be misused in harmful ways. This Report begins by assessing how better use and reuse of data can enhance the design of public policies, programs, and service delivery, as well as improve market efficiency and job creation through private sector growth. Because better data governance is key to realizing this value, the Report then looks at how infrastructure policy, data regulation, economic policies, and institutional capabilities enable the sharing of data for their economic and social benefits, while safeguarding against harmful outcomes. The Report concludes by pulling together the pieces and offering an aspirational vision of an integrated national data system that would deliver on the promise of producing high-quality data and making them accessible in a way that promotes their safe use and reuse. By examining these opportunities and challenges, the Report shows how data can benefit the lives of all people, but particularly poor people in low- and middle-income countries

This timely book critically examines the European Social Model as a contested concept and concrete set of European welfare and governance arrangements. It offers a theoretical and empirical analysis of new economic models and existing European investment strategies to address key issues within post-Covid-19 Europe. The authors explore the structural inequalities that have been shaped by strong imbalances in the relationship between public health, work, formal and informal care, inequality, poverty and the labour market across Europe. They then assess the potential of new economic models and measures, when combined with existing European governance and collaborative welfare arrangements, to repair the European Social Model. With a particular focus on policy measures that affect young and older people in Europe, chapters also provide a critical insight into the fragmented, multi-actor and multidimensional process of building a European social space that has led to the hybridization of welfare systems. Offering a firm theoretical foundation to the understanding of European welfare arrangements and the social open method of coordination, this book will be a valuable resource for academics and students of European social policy, comparative social policy and European governance. Its analysis of empirical evidence relating to the implementation of policy measures will also be beneficial for policymakers and practitioners working in health, social care and welfare fields.

The Beauty Trade takes seriously the frequently maligned and trivialized beauty economy, just as it has become one of the most important worldwide industries. Through the lens of beauty products, practices, and ideas of youth in Guadalajara, Mexico, the book analyzes whether and how beauty norms are changing in relation to the globalizing beauty economy. It looks at who benefits and who loses from beauty globalization and what this means for gender norms among youth. Weaving together fascinating ethnographic research on beauty practices, global political economy, and feminist analysis, the book presents a feminist analysis of the global economy of beauty. Rather than a sign of frivolity, the beauty economy is intimately connected to youth's social and economic development. Cosmetic makeovers have become a modern rite of passage for girls, enabling social connections and differentiations, as well as entrepreneurial activities. The global beauty economy is a phenomenon generated by young people, mostly women, laboring in, teaching, and consuming beauty. Globalization in the beauty economy is a phenomenon propelled by youth, eager for belonging and originality, using every mechanism at their disposal to look good. Contrary to popular wisdom, globalization in the beauty economy is not homogenizing beauty standards to a Western ideal; it is diversifying beauty standards. The Beauty Trade explains how globalization, combined with youth's desires for uniqueness, is enabling the spread of a diversity of beauty cultures, including alternative visions of gender appropriate looks and behavior.

Hundreds of millions of people still suffer from chronic hunger and food insecurity despite sufficient levels of global food production. The poor's inability to afford adequate diets remains the biggest constraint to solving hunger, but the dynamics of global food insecurity are complex and demand analysis that extends beyond the traditional domains of economics and agriculture. How do the policies used to promote food security in one country affect nutrition, food access, natural resources, and national security in other countries? How do the priorities and challenges of achieving food security change over time as countries develop economically? The Evolving Sphere of Food Security seeks to answer these two important questions and others by exploring the interconnections of food security to security of many kinds: energy, water, health, climate, the environment, and national security.
Through personal stories of research in the field and policy advising at local and global scales, a multidisciplinary group of scholars provide readers with a real-world sense of the opportunities and challenges involved in alleviating food insecurity. In sub-Saharan Africa, for example, management of HIV/AIDS, the establishment of an equitable system of land property rights, and investment in solar-powered irrigation play an important role in improving food security---particularly in the face of global climate change. Meanwhile, food price spikes associated with the United States' biofuels policy continue to have spillover effects on the world's rural poor with implications for stability and national security.
The Evolving Sphere of Food Security traces four key areas of the food security field: 1) the political economy of food and agriculture; 2) challenges for the poorest billion; 3) agriculture's dependence on resources and the environment; and 4) food in a national and international security context. This book connects these areas in a way that tells an integrated story about human lives, resource use, and the policy process.

The definitive book on the Chinese Communist Party's extensive campaign over the last two decades to take the pole position of global dominance.

For several decades China's ascendancy has been supported by an astonishingly broad and deep portfolio of quiet coercion. Stories of the Chinese Communist Party's authoritarian reach are breathtaking - the gagging of sports stars and huge Western brands; Hollywood self-censorship; infrastructure deals in exchange for political loyalty in multilateral organizations; and of course - communications firms. But these are just the most visible examples.

Beijing Rules exposes the armoury of strategies with which China has exploited Western weakness to position itself as leader in the game of nations: tying market access to political acquiescence; punitive tariffs; online disinformation operations; use of private companies to spy on global users; leveraging vaccines for geopolitical gain; and the crushing of democracy in Hong Kong. With these weapons and dextrous manoeuvrings during the global pandemic, China positioned itself to take its place at the apex of world powers.

Bethany Allen, an internationally recognized investigator into China's covert power, shows Western institutions have bowed to and even enabled Beijing's coercion. As we come reeling out of a global pandemic and eyes are on a new war in Europe, this revealing analysis sounds the alarm about the most significant shift in the new world order, and what we must do to prevent the loss of freedoms we take for granted.

This insightful book offers a comprehensive analysis of how macroeconomics can steer development and reduce poverty. It untangles how developing countries can apply effective economic policies in spite of the challenges they face. With an aim to design a macroeconomic strategy which would provide a stable and long-term growth plan, Basil Oberholzer explores the multiple constraints which prevent developing countries from reducing poverty. The author reveals how countries' scope of action is strongly limited by international economic dynamics, including current account imbalances, capital flight, foreign debt accumulation, and exchange rate fluctuations. His detailed examination of how international payments take place within the current monetary structure also illuminates fundamental flaws that are harmful for developing countries. Applying a newly developed monetary macroeconomic model, Oberholzer suggests a reform of countries' international payments as a solution to these key problems. This book will prove to be a valuable resource for students and scholars of development economics and macroeconomics. Its analysis of how appropriate macroeconomic strategies can be established, pragmatic policy recommendations, and explanation of critical macroeconomic constraints will also be beneficial for policy-makers in progressive governments.

This cutting-edge book critically reviews the field of attempted legal control and regulation of delinquent conduct by business actors in the form of exploitative, collusive and corrupt behaviour. It explores key topics including victimhood, accountability, theories of trading and shared responsibility. Christopher Harding and Alison Cronin reflect on the attempts that have been made globally to use criminal law and other methods of formal legal control, as well as more flexible and innovative approaches under the heading of 'regulation', to address the problem of bad business practice. The book argues for a return to first principles and that the possibility of a reconfiguration of economic ordering and market and trading culture should be considered; as business malpractice is largely inherent in the dominant capitalist model, that model is in need of repurposing and reform. Taking an interdisciplinary approach, this book will be a valuable resource for scholars and students of law with a focus on business, commercial law and criminal law, in addition to researchers of corporate governance and public administration and management. Its critical arguments will also benefit NGOs, business professionals and campaign groups.

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.

Providing a comprehensive overview of the governance of urban infrastructures, this Companion combines illustrative cases with conceptual approaches to offer an innovative perspective on the governance of large urban infrastructure systems. Contributions by leading scholars in the field present a transdisciplinary approach to the topic, with a global scope. Chapters examine the challenges facing urban infrastructure systems, including financial, economic, technological, social, ecological, jurisdictional and demand. Using novel conceptualizations of urban infrastructure, and examining global cases of specific energy, mobility, water, housing, green and telecommunication systems, the Companion further illustrates how these challenges are interrelated with their governance. Finding efficiency, sustainability, and resilience to be key governance performance indicators, it concludes by highlighting the role that digitalization plays in making cities smarter and argues for the potential of digitalization for large urban infrastructure governance. With global significance, this Companion will be an invaluable read for students and scholars of urban studies, governance and infrastructure. The informative case studies will be an excellent resource for city practitioners, officials and policymakers.

Presenting innovative modelling approaches to the analysis of fiscal policy and government debt, this book moves beyond previous models that have relied upon the assumption that various age-specific rates and policy variables remain unchanged when it comes to generating government expenditures and tax revenues. As a result of population ageing, current policy settings in many countries are projected to lead to unsustainable levels of public debt; Tax Policy and Uncertainty explores models that allow for feedbacks and uncertainty to combat this. Applicable to any country, the models in the book explore the optimal timing and extent of tax changes in the face of anticipated high future debt. Chapters produce stochastic debt projections, including probability distribution of debt ratios at each point in time. It also offers important analysis of fiscal policy trade-offs as well as providing advice on when and by how much tax rates should be increased. Economics scholars focusing on fiscal policy will appreciate the improved models in this book that allow both for uncertainty and feedback effects arising from responses to increased debt. It will also be helpful to economic policy advisors and economists in government departments.

Exploring the modern approach to the economics of happiness, which came about with the Easterlin Paradox, this book analyses and assesses the idea that as a country gets richer the happiness of its citizens remains the same. The book moves through three distinct pillars of study in the field: first analysing the historical and philosophical foundations of the debate; then the methodological and measurements issues and their political implications; and finally empirical applications and discussion about what determines a happy life. A Modern Guide to the Economics of Happiness extends the concept of happiness to that of wellbeing, offering an inquiry into well-being within the paradigm of complex systems. It draws together both recent developments in studies on the economics of happiness as well as its historical roots, covering the concept of Eudaimonia, Aristotle's theories and the important contribution of Italian economists. Critical case studies look at the relationship between physical activity and wellbeing, the value of family for life satisfaction, and the role of social capital for migrant acceptance. An invigorating read for economics and psychology scholars, this book will also be of interest to those researching welfare and development economics.

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 thought-provoking Research Agenda examines themes within economic studies that have become active areas of commentary for economists of the Austrian School. Contributors establish their own distinctive interpretations of how an Austrian Research Agenda should appear, clearly demonstrating there is no set dogma within Austrian economics. Chapters provide state-of-the-art dialogues surrounding the many complex dimensions of Austrian economics, including the School’s responses to behavioral economics and the theory of public goods. This book portrays Austrian economics as constantly evolving and its ultimate endeavour is to prompt further contributions and discussions surrounding the Austrian School. This erudite Research Agenda will be highly beneficial for graduate students studying political economics, market processes and economic development, seeking to understand the unique dimensions of Austrian economics. It will also be of great value to academics endeavouring to conduct comparative studies of different economic schools of thought.

Handbook of Media Economics provides valuable information on a unique field that has its own theories, evidence, and policies. Understanding the media is important for society, and while new technologies are altering the media, they are also affecting our understanding of their economics. Chapters span the large scope of media economics, simultaneously offering in-depth analysis of particular topics, including the economics of why media are important, how media work (including financing sources, institutional settings, and regulation), what determines media content (including media bias), and the effects of new technologies. The volumes provide a powerful introduction for those interested in starting research in media economics.

In a series of in-depth interviews with leading economists and policy-makers from different schools including Austrian, Monetarist, New-Keynesian, Post-Keynesian, Modern Monetary Theory, Marxist and Institutionalist, this intriguing book sheds light upon the behaviour of economists and the sociology of the economics profession by enabling economists to express their views on a wide range of issues. Exploring why the aftermath of the 2008 global financial crisis did not pave the way for an uptake in heterodox economic approaches, these key thinkers consider why mainstream economics still reigns supreme and explore whether an alternative approach can be developed to rival it. The most important issues facing the discipline are addressed, and the book offers a particular focus upon the extent to which radical economists can work together to provide a genuine alternative to orthodoxy. The analytical responses to important questions posed to each interviewee make this a critical read for practising economists both inside and outside of academia. It will also be a thought-provoking book for economics students focusing both on orthodox and heterodox viewpoints, as it offers important insights to the nuances between a vast range of different schools of thought.

Positioning industrial relations in a discussion that is sensitive to broader political, historical, and ideological tensions, this insightful book offers reflections on the politics of de-regulation that have developed in southern European work and employment relations over the past 20 years. Interwoven with case studies from Greece, Italy, Portugal, and Spain, the book reviews critical debates and issues related to de-regulation in employment relations and neoliberalism in southern Europe. Taking stock of major changes and crises affecting these national contexts over time, from austerity politics to the COVID-19 pandemic, chapters investigate how new voices, actors, and social movements are beginning to emerge and engage with the politics of work. The book ultimately posits that debates on production and work need to pay closer attention to changes in patterns of consumption and the changing nature of worker voice, and highlights how these changes are being used to undermine collective and social rights. Surveying political shifts in collective worker voice and representation over time, the book will benefit students and scholars of industrial relations, labour studies, the sociology of work, and employment politics. Its evaluation of the impact of de-regulation strategies imposed across southern Europe will prove invaluable to practitioners and policymakers involved in public employment and industrial relations.

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. Forward thinking and provocative, this Research Agenda demonstrates different approaches to the field from experts focusing on global and local, and historical and contemporary issues. It asserts that critical political economists differ from their mainstream counterparts through the variety of methods they use and the questions they pose. Eminent global scholars examine a diverse selection of interdisciplinary themes, raising questions surrounding future research in the area, offering examples and linking the theory to its implications for practice and policy. Chapters explore economic growth and the ideology of development, sweatshop economics, experimental economics, the land question in urban economics, money and finance, and thinking beyond capitalism with the solidarity economy. A Research Agenda for Critical Political Economy will be a fascinating read for students and scholars of political economy, political science and economics. With case studies and practical examples of the application of the topic, it will also be an invigorating read for economists and policy makers looking for alternative approaches to the field.

Quantitative techniques form the backbone of all statistical, economic and management models according to which forecasts and management decisions are made. Quantitative statistical techniques aims to help readers not only master these techniques, but also understand the role of each technique. Quantitative principles are stated simply and are specifically directed at the first-year student who is contemplating a career in the business sector. The topics that are dealt with reflect the relevant quantitative background specifically demanded by business careers.

This authoritative book examines the power of multinational corporations (MNCs) to exert influence in global politics. Focusing on the actions and motivations of MNCs, it explores how they attempt to shape the political issues that affect them. Combining theoretical perspectives with analyses of enlightening case studies, the contributors consider key areas in which MNCs seek to exert political influence such as environmental sustainability, social conflicts and corporate tax avoidance, as well as in specific industries including mining, shipping and consulting. They also illustrate the mechanisms used by MNCs to exert influence in a wide range of policy fields at multiple territorial levels, discussing how they interact with states, intergovernmental organizations and civil society, as well as how they coordinate their activities with other parts of the business community. The book concludes that MNCs enjoy certain basic privileges in society and politics due to their preponderant economic position and their key role in the processes of globalization, but action is necessary to sustain this role. MNCs in Global Politics will be critical reading for academics and students of politics, international relations and political economy, particularly those with an interest in globalization and governance. Its exploration of specific case studies will also be beneficial for policy-makers.

Critically reviewing major factors that disrupt local and regional development, Mustafa Dinc provides a transparent interpretation of the circular and cumulative relationship between these disruptions and development, highlighting ways to help interrupt this cycle. The book emphasizes the role and responsibility of individuals in the development process by exploring a humanist approach to local and regional development. Chapters analyse the impacts of information and technological revolutions, globalization, conflict and migration, the depletion of natural resources and environmental degradation, and the deterioration of traditional human values on local and regional development. Moving away from macro-perspectives, this timely book looks at how technology, competition and economic integration over the past few decades have created undeniable social, political, economic and environmental problems for every country, exploring how these may harm the political and social fabric of society to an irreparable point, unless effective action is taken. Written in an accessible style, this is an important read for development studies scholars, as well as economics and sociology scholars focusing on development. It will also benefit local and regional policy-makers needing a more in-depth understanding of the issues facing development in our modern world.

Globalization: A Multi-Dimensional System provides a comprehensive understanding of the complex process of globalization and how it impacts nations, organizations and individuals who operate in its environment. C. Gopinath addresses why some nations welcome its benefits whilst others seek protection from it and provides an insightful look into arguments for and against globalization. Highlighting important updated content on the topic, this new edition: Takes a comprehensive multidisciplinary view of globalization within five domains: economy, politics, social, business and physical Discusses underlying theories and provides a framework for step-by-step analyses of global issues from a systems perspective Enhanced chapters provide notes and definitions to help reinforce key items and include several examples of contemporary events and issues as illustrations Instructors' website includes PowerPoint slides, test bank and guidelines for case discussion and projects. This all-encompassing fourth edition will be an excellent resource for sociology, business and management students. The book will also provide an illustrative reference to practitioners in international economics, international relations and cross-cultural management.

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.