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Books > Business & Economics > Economics
The importance of supply chain and logistics knowledge has been growing significantly with the beginning of the new millennium, especially after the COVID-19 pandemic outbreak, as logistics and international transport perform one of the most essential services of the modern globalized and interconnected world. This influence of the new dynamic world brings both challenges and motivation for researchers and practitioners with interests in this field. Further study on the opportunities and difficulties of business logistics is essential to protect the future of international business. Cases on International Business Logistics in the Middle East provides innovative information on logistics and supply chain management and delivers insights into contemporary findings of logistics and supply chain based on real case studies. Covering critical topics such as manufacturing, warehousing, air transport, and big data, this reference work is ideal for managers, executives, business owners, researchers, scholars, academicians, practitioners, instructors, and students.
The United States-Mexico-Canada Agreement (USMCA), a modified and modernized version of the North American Free Trade Agreement (NAFTA), will continue to govern most economic relationships in North America, including the more than $1.3 trillion in annual regional trade in goods and services, for the foreseeable future. USMCA preserves the bulk of the NAFTA structures that permit North American manufacturers to compete effectively with their European and Asian counterparts in North American and foreign markets. Once in effect, USMCA should largely resolve the chilling effect on investment and new hiring generated by three years of uncertainty over NAFTA's future. This book provides a detailed analysis and critique of the provisions of the USMCA and the USMCA's relation to NAFTA. It is designed to assist lawyers and non-lawyers alike, including law, economics and public policy scholars, business professionals and governmental officials who require an understanding of one of the worlds' most economically and politically significant regional trade agreements.
The original contributions in this Handbook provide an introduction to the application of Austrian economics to law. The book begins with chapters on the methodology of law and economics before moving on to chapters which discuss key concepts in Austrian economics such as; dynamic competitive processes, spontaneous order, subjective value, entrepreneurship, and the limited nature of individual knowledge - as they relate to topics in evolutionary law and basic law. This book presents contributions from both economists and legal scholars on topics ranging from methodology of analysis and the evolution of contemporary legal practice, to the teachings of basic law. Taken as a whole, this Handbook provides a strong overview of contemporary research in the Austrian school of law and economics. It is an approach that reflects both the examination of how alternative legal arrangements impact economic performance, and how to use the tools of basic economic reasoning to study the operation of legal rules. Scholars working in the fields of law, jurisprudence, economics, and public policy will find this an important resource on the cutting edge of Austrian political economy in application to law and economics. Contributors include: B.L. Benson, P.J. Boettke, D.J. Boudreaux, H.N. Butler, E.R. Claeys, C.J. Coyne, M. DeBow, M.T. Henderson, S. Horwitz, P.G. Klein, M. Krause, T.A. Lambert, P.T. Leeson, J. Parker, G.J. Postema, S. Rajagopalan, D. Skarbek, E.P. Stringham, R.E. Wagner, T.J. Zywicki
Responding to global events, including the international financial crisis (IFC) and the COVID-19 pandemic, central banks and the monetary regimes in many Latin American countries responded with actions to mitigate the worst impacts. The authors in this book focus on the recent trends of monetary policy in Latin America and analyze how the actions that were taken have affected the economic performance of these countries. The book is composed of 11 chapters that analyze, theoretically and empirically, the central banks' actions and the monetary regimes of the following countries: Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Uruguay. As most of these countries implemented inflation-targeting regimes in the 1990s and 2000s, a special focus will be given on these experiences and how central banks dealt with the IFC and COVID-19 crises. Academic researchers and students of economics will find a wealth of knowledge contained in these chapters, as will anyone looking for a better understanding of the economy of this important region.
Some students seem to find a course in economics to be difficult and removed from their daily lives. The goal of this glossary is to assist students to obtain a better understanding of economics terms and concepts. This will enable them to succeed and deepen their insight into formulating and making informed choices on many issues. In economics, students learn an approach to thinking that can be applied in campus life, in their careers and in everyday life. Economics terms and concepts used in the text are those that can be found in most introductory Economics textbooks. The text can be used in conjunction with any other text.
Exploring how changes in advanced technology deeply affect international politics, this book theoretically engages with the overriding relevance of investments in technological research, and the ways in which they directly foster a country's economic and military standing. Scholars and practitioners present important insights on the technical and social issues at the core of technology competition. Technology and International Relations emphasizes the importance of leadership styles, domestic political agendas and the relative weight of technologically driven countries in global affairs. It highlights the now widely shared belief among both developed and developing countries that technology will be the defining factor in international politics. The book also unpacks the complexity of real-life cases of key technological advances, including artificial intelligence, UAVs, satellites and the responses of governments and the private sector to rising technological challenges. This will be an important read for scholars of political science, international relations and international political economy, particularly those looking at the impact of technology and innovation.
Policy makers give a lot of attention to business creation and entrepreneurship, but they do not have a good resource for understanding The Truth about Entrepreneurship. The extensive media coverage of Wall Street entrepreneurship provides an incomplete portrayal of most business creation. While both high profile and everyday new firms provide major contributions to economic growth, the ongoing, bottoms-up activity pursued by over half a billion around the world is not widely recognized. This book reviews some of the most salient features of grass roots business creation, such as the total amount of activity, differences related to national economic development, the relationship to business churning and job creation, the impact of national context, the mixed contributions of high growth firms, the modest effect of external financial support, the unequal distribution of sunk costs related to successful payback, importance as an option for the most desperate in poor countries, and the tendency to overlook the continuing incremental impact of Main Street business creation. Entrepreneurial scholars, faculty, policy analysts and graduate students interested in economic development, entrepreneurship and public policy will find clarity and gain a depth of knowledge about policymaking and business creation with The Truth about Entrepreneurship.
FinTech has revolutionized the way financial services are delivered and consumed in the modern world and the use of central bank digital currencies is gaining traction. With these new advancements, further study is required to ensure they are utilized appropriately and reach their full potential. Exploring the Dark Side of FinTech and Implications of Monetary Policy examines recent advancements in central bank digital currency and many FinTech applications and discusses FinTech trends, possibilities, and challenges as well as different moral, ethical, and social issues. Covering key topics such as digital economy, monetary policy, and sustainability, this reference work is ideal for managers, industry professionals, business owners, entrepreneurs, policymakers, researchers, scholars, practitioners, instructors, and students.
This engaging and timely book provides an in-depth analysis of work and labour relations within global platform capitalism with a specific focus on digital platforms that organise labour processes, known as labour platforms. Well-respected contributors thoroughly examine both online and offline platforms, their distinct differences and the important roles they play for both large transnational companies and those with a smaller global reach. Chapters explore how labour platforms have become controversial and ambiguous as they increasingly appear to provide important sources of work and income globally but conversely raise concerns over exploitation of workers and the lack of legal protection provided to them. Offering a global perspective and including studies from different continents, the book covers three key areas: platform work in the wider context of contemporary capitalism, labour platforms from an international division of labour perspective, and labour processes and relations. This informative and thought-provoking book is an excellent resource for scholars with a particular interest in political economy, the sociology of work, labour relations and labour policies. Policymakers and regulators looking to understand how to effectively apply existing regulations for platform workers when creating new business models will also find this an invigorating read.
Actors in the world of work are facing an increasing number of challenges, including automatization and digitalization, new types of jobs and more diverse forms of employment. This timely book examines employer and worker responses, challenges and opportunities for social dialogue, and the role of social partners in the governance of the world of work. Through interviews and surveys, the volume provides direct evidence on three central questions: how can we cultivate autonomous, bipartite social dialogue in order to meet these critical challenges? How can the social partners strengthen their representativeness and membership, and extend their influence? What role can social partners and social dialogue play regarding digitalization, and what best practices can be identified? The volume also addresses significant trends such as demographic changes, migration flows, global supply chain management and environmental objectives. It covers the current EU member states while extending analysis to EU candidate and potential candidate countries, thus enlarging coverage to 34 European nations. The detailed evidence by theme and by individual country will provide a unique source of ideas on social actors' innovative roles in ensuring sustainable and inclusive practices in the future world of work. This will be an invigorating read for labour economics and labour policy scholars looking for a better understanding of the new world of work. Labour organizations, employers, trade unions and representatives of national and supranational institutions will also benefit from the detailed case studies in the volume.
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. Presenting cutting-edge thoughts on media economics, its history and development, and looking forward to its future, this timely book investigates the changing face of the field. With contributions from some of the most prominent media economics scholars in the world, this provocative and visionary Research Agenda covers theory development, consumer and audience demand, information and cultural goods, and technological dimensions. Chapters explore globalization, industry organization, social and ethical aspects of media firms, new media viability and the historical eras of media economics. Presenting a range of streams of inquiry and topics needing more study and development, this Research Agenda looks at new and innovative ways to stimulate thought around key research questions and designs. PhD students and scholars of media studies and media economics will benefit from the expansion of basic concepts, theories and methods found in this key book. It will also be critical reading for media professionals looking to understand more about the impact and importance of contemporary media relations. Contributors include: A.B. Albarran, Á. Arrese, M. Barrett, A.J. Coffey, C.A. Hollifield, W.-y. Hsu, C. Kolo, Y.-l. Liu, M. Medina, B.I. Mierzejewska, M.E. Gutiérrez-Rentería, U. Rohn, A. Sánchez-Tabernero, C. Shao, X. Zhang
Offering a comprehensive guide to financial shocks and crises, this book explores their increasing occurrence in current market economies, as well as their power to wrench the macroeconomy. It discusses three critical questions: what causes financial shocks; which channels may exacerbate their impact; and what policies could help avoid them or limit their negative effect on the economy and society at large. Drawing together contributions from top scholars in the field, this Modern Guide addresses both the causes and consequences of financial instability after the Global Financial Crisis (GFC) at both micro and macro levels. Chapters conceptualise financial crises, highlight their main channels of transmission, and explore the role of public policies, looking at how to learn from past financial crises to prevent future ones. The book further examines why financial shocks will be a permanent trait in the future, and the potential impacts of market economics continuing to expand financialisation as they have done over recent decades. This Modern Guide will be a timely resource for economics students and scholars, particularly as it compares the impacts of the GFC and Covid-19 and explores why these are so different. It will also be an important read for policy makers seeking advice on how to manage and avoid financial crises.
This volume presents thirteen chapters prepared by senior researchers and former policy makers on key policy issues confronting China and the West. They focus on the role of the state in economic development, trade issues and the part played by innovation, digitalization and leadership. In a challenging and rapidly changing world, the book aims to provide not only authoritative analyses and perspectives, but to stimulate further thinking and debates about the common future. Each chapter is in the form of a short policy brief. China and the West is aimed for policy makers, business leaders, academics and students.
Marx's Theories of Surplus Value is the fourth volume of his monumental Das Kapital (Capital). Divided into three parts, this lengthy work reviews classic economic analyses of labour and value (Smith, Ricardo, Malthus, and others), focusing on the concept of "surplus value" - the difference between the full value of a worker's labour and the wages received for this labour. This is a key concept for Marx since in his view the capitalist maintains power through controlling surplus value.
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 timely Research Agenda provides a state-of-the-art review of existing research on manufacturing, as well as highlighting key areas of study to advance the field. Expert contributors from across the globe analyse the central role of manufacturing industries in the global economy, considering it as a multi-scalar process and assessing the impact of climate change in necessitating the decarbonization of production processes. Chapters identify and explore disruptive innovations in production technologies, including additive manufacturing, and their implications for future research. The book further highlights megatrends in automotive, electronics and emerging industries, including small and medium-sized manufacturing enterprises, Asian electronics production networks, global production networks, and operations and supply chain management. It develops a framework for accessing corporate elites and for guiding the process of undertaking qualitative semi-structured interviews. This Research Agenda will be a critical collection for economic geography, urban studies, city and regional planning, and business and management studies scholars seeking a forward-looking approach to the topic. It will also be useful to policymakers and practitioners working in regional economic development and planning.
Discover the latest thinking of today's economists on important microeconomic and macroeconomic phenomena while developing with a solid global understanding of basic economic principles with Boyes/Melvin's popular PRINCIPLES OF ECONOMICS, 9E, International Edition. A reader-friendly writing style, carefully integrated learning features, and emphasis on global economics clearly illustrate the connections between key economic principles and today's actual business practices. This edition's updates, timely revisions and memorable examples ensure readers are familiar with the latest economic statistics and developments. Revised microeconomics materials emphasize the fundamentals and practical application of current events, while new macroeconomics coverage highlights the recent financial crisis and its global implications. Readers find the understanding of economic concepts and applications they need for career and business success throughout the world.
Infrastructure systems provide the services we all rely upon for our day-to-day lives. Through new conceptual work and fresh empirical analysis, this book investigates how financialisation engages with city governance and infrastructure provision, identifying its wider and longer-term implications for urban and regional development, politics and policy. Proposing a more people-oriented approach to answering the question of 'What kind of urban infrastructure, and for whom?', this book addresses the struggles of national and local governments to fund, finance and govern urban infrastructure. It develops new insights to explain the socially and spatially uneven mixing of managerial, entrepreneurial and financialised city governance in austerity and limited decentralisation across England. As urban infrastructure fixes for the London global city-region risk undermining national 'rebalancing' efforts in the UK, city statecraft in the rest of the country is having uneasily to combine speculation, risk-taking and prospective venturing with co-ordination, planning and regulation. This book will be of interest to researchers and scholars in the fields of business and management, economics, geography, planning, and political science. Its conclusions will be valuable to policymakers and practitioners in both the public and private sectors seeking insights into the intersections of financialisation, decentralisation and austerity in the UK, Europe and globally.
This Handbook features the best teaching practices in the Health Economics (HE) field over the past decade. HE is still considered a relatively new field in the world of economics. While most academic programs leading to HE specializations are housed in economics departments, many courses often reside elsewhere: in schools of public health, health professions, health sciences, nursing, pharmacy, business, or public/health administration. Teaching in these diverse, specialized curricula requires a customized subset of methods and materials developed for both the instructors and the students. The editors have sought to expand applicability beyond North America and Western Europe, and to address issues in both less developed health economies and more advanced ones. The chapters herein present new and innovative teaching methods. Instructors with or without professional training in HE will welcome the featured practical applications that encompass HE courses taught in various economics and non-economics undergraduate, graduate, and professional programs.
Written in a comprehensive yet accessible style, this Handbook introduces readers to a range of modern empirical methods with applications in microeconomics, illustrating how to use two of the most popular software packages, Stata and R, in microeconometric applications. International contributors expertly investigate the development of advanced methods driven by the accumulation of numerous data sets at the level of individuals, households and firms, and by an increase in the capacity and speed of computers. The Handbook highlights that, while the more traditional empirical methods were largely limited to establishing correlations, these new methods aim to uncover causality. Examination of these advances shows new possibilities for applied research in microeconomics in the estimation of sophisticated structural models and the evaluation of policy interventions. This insightful Handbook is a must-read for graduate students and instructors in applied microeconomics as well as researchers in government departments and academia pursuing modern advanced methods of policy evaluation and data analysis.
This book addresses the problems of Latin America, through two of the most important features of the post-Bretton Woods economic order, large corporations and weak financial markets. In turn, it shows that their impact on economic growth and development is feeble and short-lived. This resulted in income concentration and an extremely unequal distribution of wealth in the region. As a result, large corporations and financial markets became central institutions in developing economies. In this context, Latin American countries globalized their economies, modifying their productive and financial structures and strengthening large corporation and non- financial structures. This economic order was a failure, as it was unable to achieve development in Latin America; large capital corporations either re-primarized their productive activity or developed an organization based on assembly manufacture, and, as such, financial markets remained underdeveloped because large corporations did not operate through domestic financial markets. In this book, the effects of these trends are analyzed in regional and country studies, while the impact of the 2008 Great Financial Crisis on Latin American economies are also considered. Researchers and students, especially those interested in a Post-Keynesian or heterodox view of the region, will find these studies illuminating.
This Handbook is a state-of-the-art analysis of proximity relations, offering insights into its history alongside up-to-date scientific advances and emerging questions. Its broad scope - from industrial and innovation approaches through to society issues of living and working at a distance, territorial development and environmental topics - will ensure an in-depth focus point for researchers in economics as well as geography, organizational studies, planning and sociology. Split into four distinctly thematic parts, the Handbook explores the precise definition of proximity relationships and their diversity, including the role they play in social and economic interactions as well as examining the origins and evolution of such relationships. It further presents a detailed overview of the main methods of analysis, highlighting the link between proximity relationships and exchange of information while explaining how exchanges at a distance rely on links of organized proximity, something that plays an increasing role in our societies. This engaging Handbook will provide an excellent update for scientists and researchers on the recent developments in the analysis of proximity relations as well as students looking for precise and detailed information on the main characteristics of proximity relations, regional and spatial analysis, and the major analytical tools.
Since the 1970s the long term decline in self-employment has slowed - and even reversed in some countries - and the prospect of 'being your own boss' is increasingly topical in the discourse of both the general public and within academia. Traditionally, self-employment has been associated with independent entrepreneurship, but increasingly it is linked to being a form of precarious work. This book utilises evidence-based information to address both the current and future challenges of this trend as the nature of self-employment changes, as well as to demonstrate where, when and why self-employment has emerged as precarious work in Europe. Bringing together leading international experts in the field, this book provides insight into key issues surrounding self-employment from a variety of interdisciplinary perspectives. Covering existing theory and context, providing empirical results of studies into self-employment and precarious work from across Europe, and discussion of the implications of this research, it offers key insights into future avenues for research. Students of European studies and social policy, as well as policy makers and researchers with a particular interest in employment, self-employment and precarious work across Europe, will find the data and policy ideas presented in this book an invaluable read.
Exploring how urban professionals plan, manage and govern cities in emerging economies, this insightful book studies the actions and instruments they employ. It highlights how the paradigms of interventions and approaches to urban management are shifting, indicating that urban governance is becoming increasingly important in dealing with wicked issues, like climate change and social and economic inequalities in cities. Urban Planning, Management and Governance in Emerging Economies offers rich international examples looking at housing, public space, water, climate change, the environment and economic development. Chapters showcase the changing role of urban professionals, with a particular focus on the dynamic social, cultural and economic transformations of cities in emerging economies. Exploring contemporary approaches to urban governance, contributors draw attention to the prevalence of smart cities, new forms of partnerships and just transitions in a changing urban landscape. Researchers and students of urban development, planning, management and governance will appreciate the multiple theoretical angles and the key case studies used throughout the book. The examples and theories will be helpful for urban leaders, strategists and advocates working in emerging economies. |
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