In the aftermath of the global recession, job creation is a policy priority. While it is a well-accepted fact that the majority of jobs are created by small and medium-sized enterprises, not all SMEs are rapidly growing, or even intend to expand. With limited public budgets, business models within the SME population that do show high job creation potential become very attractive. One of the business types identified as major engines of job creation are 'born globals' characterised as firms which engage intensively in internationalisation activities shortly after start-up. They are high on the entrepreneurship research agenda but so far little attention has been devoted to their potential as job creators, the processes they apply when hiring and the barriers they face. Through a combination of secondary data analysis, literature reviews and international case studies, European Born Globals sheds new light on the motivations and processes of job creation in born global firms. It will contribute to understanding the 'why' and 'how' of job creation in born globals, essential not only for policy makers, but also for academic research and management education.

America is witnessing a retirement crisis. As the labor market shifts to the gig economy and new strains restrict social security, the American Dream of secure retirement becomes further out of reach for up to half of the population. In Waiting on Retirement, Mary Gatta takes the case of restaurant workers to examine the experiences of low-wage workers who are middle-aged, aging, and past retirement age. She deftly explores the many factors shaping what it means to grow old in economic insecurity as her subjects face race- and gender-based inequities, health hazards associated with their work, and the bitter reality that the older they get the fewer professional opportunities are available to them. More importantly, Gatta demonstrates that these problems are pervasive, as more industries adopt the worst workplace practices of service work. In light of these trends, we must consider the devastating effects on already vulnerable Americans because, as Gatta contends, this crisis does not need to be inevitable. Taking as a model the small percentage of "good" restaurant jobs that exist, she ultimately offers incisive commentary on what can be done to stave off this bleak future.

America is witnessing a retirement crisis. As the labor market shifts to the gig economy and new strains restrict social security, the American Dream of secure retirement becomes further out of reach for up to half of the population. In Waiting on Retirement, Mary Gatta takes the case of restaurant workers to examine the experiences of low-wage workers who are middle-aged, aging, and past retirement age. She deftly explores the many factors shaping what it means to grow old in economic insecurity as her subjects face race- and gender-based inequities, health hazards associated with their work, and the bitter reality that the older they get the fewer professional opportunities are available to them. More importantly, Gatta demonstrates that these problems are pervasive, as more industries adopt the worst workplace practices of service work. In light of these trends, we must consider the devastating effects on already vulnerable Americans because, as Gatta contends, this crisis does not need to be inevitable. Taking as a model the small percentage of "good" restaurant jobs that exist, she ultimately offers incisive commentary on what can be done to stave off this bleak future.

Retirement is being `reconstructed', with the UK following the US path of abolishing mandatory retirement and increasing state pension ages. This timely book assesses prospects for work and retirement at age 65-plus in the UK and US. It is essential reading for researchers, students and practitioners interested in the late careers and the future of retirement.

No sector has been as vital as oil to the Russian economy since Vladimir Putin came to power. The longest serving leader since Stalin, Putin has presided during a period of relative economic prosperity driven largely by booming oil windfalls. Oil in Putin’s Russia offers an in-depth examination of the contests over windfalls drawn from the oil sector. Examining how the Russian leadership has guided the process of distributing these windfalls, Adnan Vatansever explores the causes behind key policy continuities and policy reversals during Putin’s tenure. The product of over ten years of research, including interviews with decision-makers and oil industry officials, Oil in Putin’s Russia takes an innovative approach to understanding the contested nature of resource rents and the policy processes that determine how they are allocated. In so doing, it offers a comprehensive and timely account of politics and policy in contemporary Russia, and a significant contribution to research on the political economy of resource rents in mineral resource-rich countries.

China is historically famous for its high demographic dividend and its huge working population, and this has driven tremendous economic growth over the past few decades. However, that population has begun to shrink and the Lewis turning point whereby surplus rural population has been absorbed into manufacturing is also approaching, leading to great change in the Chinese labor market. Will this negatively affect China's economic growth? Can the "Middle-Income Trap" be avoided? What reforms should be made on the labor supply side? This book tackles these key questions. This book is a collection of 14 papers presenting the author's observations, analysis, and opinions of China's long-term economic development from the demographic perspective, while analysing real economic problems from the past and including policy recommendations. It provides a critical reference for scholars and students interested in Chinese economic development and demographic perspectives on economic development.

In the years since 2007 the U.S. economy has endured a severe financial crisis, a Great Recession, and continuing heavy unemployment. These events have led to increasing discontent among many people contributing to a substantial vote for Bernie Sanders and the election of Donald Trump. Meanwhile, Europe has witnessed the rise of nationalist parties and Brexit. In the face of these problems and events, economics must change. Principles of Macroeconomics: Activist vs. Austerity Policies provides an antidote to the standard macro texts offering multiple points of view instead of one standard line, a fact-based focus on the causes and cures of instability in economics, and an examination of inequality in the United States. Readers are introduced to both the Classical view, which takes the conservative approach and argues for an austerity program to reduce the size of the government; and the Progressive view, which argues for government intervention to create a strong recovery. These ideas are applied to all the key macroeconomic topics including economic growth, business cycles, and monetary policy. Using the methodology of Wesley Mitchell and drawing on the work of Keynes, the authors also explore topics such as unemployment, the human cost of economic crashes, increasing inequality of income, and the history of capitalism. This second edition includes new material on the Obama recovery, the crisis in the Eurozone, the rise of populism, and the current state of healthcare, education, and environmental issues in America to bring the text fully up to date. It will be of great interest to undergraduate students and particularly those studying the economics of the United States.

There is enormous inequality between the income and wealth of the richest 1 percent and all other Americans. While the top 1 percent own 42 percent of all wealth in America, the lower half on the income ladder has only 2 percent of all of the wealth. This book develops a viewpoint contrary to the prevailing conservative paradigm, setting out both reasons for this inequality and the impact of this. To explain inequality, conservative economists focus on individual characteristics such as intelligence and hard work. This book puts forward new evidence to show that changes in economic inequality are primarily due to characteristics inherent in the standard operation of capitalist institutions. Furthermore, the authors seek to explain the cycle of boom and bust by considering political and social factors often overlooked by conservative economists. This book also explores how wealth influences political policies in a way that increases economic inequality even more than its present level. Through analysis of American political and economic institutions, Inequality, Boom, and Bust presents concrete steps for an activist, progressive policy to greatly reduce inequality through free healthcare, free higher education, and reduced unemployment.

There is enormous inequality between the income and wealth of the richest 1 percent and all other Americans. While the top 1 percent own 42 percent of all wealth in America, the lower half on the income ladder has only 2 percent of all of the wealth. This book develops a viewpoint contrary to the prevailing conservative paradigm, setting out both reasons for this inequality and the impact of this. To explain inequality, conservative economists focus on individual characteristics such as intelligence and hard work. This book puts forward new evidence to show that changes in economic inequality are primarily due to characteristics inherent in the standard operation of capitalist institutions. Furthermore, the authors seek to explain the cycle of boom and bust by considering political and social factors often overlooked by conservative economists. This book also explores how wealth influences political policies in a way that increases economic inequality even more than its present level. Through analysis of American political and economic institutions, Inequality, Boom, and Bust presents concrete steps for an activist, progressive policy to greatly reduce inequality through free healthcare, free higher education, and reduced unemployment.

In writing this book, I increasingly became aware of the extent to which much of the finest social science research has been devoted to the issue of unemployment. Unemployment rightly is a key issue in the social sciences for search of social and political answers to the economic, social and psychological distress caused by un certainty and macroeconomic change. I was glad to find my own worries shared by eminent and respected scholars: George Akerlof once confessed to pursue the study of unemployment ultimately because of his father's distress from fear of un employment, and Wout Ultee started research on unemployment from the consid eration that parents' talk about unemployment risks should not come to dominate marriage parties or other family occasions. The problem of unemployment is thus hardly confmed to actual loss of income, but one where economic insecurity be gins to undermine the very fabric of society. In consequence, to combat unem ployment should indeed be a foremost issue in societies striving for freedom and justice for their citizenry, yet to succeed obviously requires an understanding of the underlying economic realities. If this study could contribute to this endeavor, all the time spent in writing would seem well spent indeed. Against the significant body of existing social science research on unemploy ment, it seems appropriate to be clear about the scope and limitations of the cur rent study, however."

This major new book examines the way in which employment is managed across organizational boundaries. It analyses how public-private partnerships, franchises, agencies and other forms of inter-firm contractual relations impact on work and employment and the experiences of those working in these increasingly significant forms of organization. it draws upon research undertaken in eight separate networks comprising over 50 organizations to explore the fragmentating effects of contemporary changes in the organization of work and employment relationships. It considers the consequences of increased eliance upon inter-organizational mechanisms for producing goods and especially for delivering services. It argues that established analyses continue to rely too heavily upon a mocel of the single employing organization whereas today the situation is often more complex and confused. Public-private 'partnerships' are one high profile example of this phenomenon but private enterprises are also developing new relations with their clients and customers that impinge upon the nature of the employment relationship. Established hierarchical forms are becoming disordered, with consequences for career patterns, training and skills, pay structures, disciplinary practice, worker voice, and the gendered division of labor. The findings of the study raise questions about the governance of such complex organizational forms, the appropriateness of current institutions for addressing this complexity, and the challenge of harnessing of employee commitment in circumstances where human resource practices are shaped by organizations other than the legal employer. Using an analytical schema of three dimensions (institutional, organizational, employment) and four themes (power, risk, identity, trust), the authors adopt an inter-disciplinary perspective to address these complex and critically important practical, policy and theoretical concerns. Fragmenting Work will be vital reading for all those wishing to understand the contemporary realities of work and employment.

This book lifts the veneer of 'employability', to expose serious problems in the way that future workers are trying to manage their employability in the competition for tough-entry jobs in the knowledge economy; in how companies understand their human resource strategies and endeavor to recruit the managers and leaders of the future; and in the government failure to come to terms with the realities of the knowledge-based economy. The demand for high-skilled, high waged jobs, has been exaggerated. But it is something that governments want to believe because it distracts attention from thorny political issues around equality, opportunity, and redistribution. If it is assumed that there are plenty of good jobs for people with the appropriate credentials then the issue of who gets the best jobs loses its political sting. But if good jobs are in limited supply, how the competition for a livelihood is organized assumes paramount importance. This issue, is not lost on the middle classes, given that they depend on academic achievement to maintain, if not advance the occupational and social status of family members. The reality is that increasing congestion in the market for knowledge workers has led to growing middle class anxieties about how their off-spring are going to meet the rising threshold of employability that now has to be achieved to stand any realistic chance of finding interesting and rewarding employment. The result is a bare-knuckle struggle for access to elite schools, colleges, universities and jobs. This book examines whether employability policies are flawed because they ignore the realities of 'positional' conflict in the competition for a livelihood, especially as the rise of mass higher education has arguably done little to increase the employability of students for tough-entry jobs. It will be of interest to anyone looking to understand the way knowledge-based firms recruit and how this is influenced by government policy, be they Researchers, Academics and Students of Business and Management, Industrial Relations, Human Resource Management, Politics or Sociology; Human Resource Management or Recruitment Professionals; or job candidates.

In the absence of federal legislation, each state in the United States has its own policies regarding family leave, job protection for women and childcare. No wonder working mothers encounter such a significant disparity when it comes to childcare resources in America! Whereas conservative states like Nebraska offer affordable, readily available, and high quality childcare, progressive states that advocate for women's economic and political power, like California, have expensive childcare, shorter school days, and mothers who are more likely to work part-time or drop out of the labor market altogether to be available for their children. In Motherlands, Leah Ruppanner cogently argues that states should look to each other to fill their policy voids. She provides suggestions and solutions for policy makers interested in supporting working families. Whether a woman lives in a state with stronger childcare or gender empowerment regimes, at stake is mothers' financial dependence on their partners. Ruppanner advocates for reducing the institutional barriers mothers face when re-entering the workforce. As a result, women would have greater autonomy in making employment decisions following childbirth.

This book breaks new ground by bringing together recent research into the determinants of marginalization risks for the unemployed and research into new social policies for combating marginalization. It examines the major controversies about how far entrapment in unemployment is due to resource constraints, motivational problems, or skill deficiency. It examines the forms that new policies have taken, the way they vary between EU countries, and the effects they have had on the life experiences of the unemployed. Its central concern is how far the new policies developed in the 1990s, in particular the spread of activation and welfare-to-work policies, address the major sources of vulnerability of the unemployed.
The chapters draw on the results of a number of major comparative research programmes funded by the European Commission. These provide for the first time rigorous comparative data across a range of different countries. They bring together the insights of researchers from different disciplines: economists, jurists, social-psychologists, and social policy analysts.
The book shows that while the new policy initiatives helped to mitigate the severity of the experience of unemployment, they were far from providing an adequate response to the underlying factors that put people at risk of marginalization. These were primarily due to skill deficiencies that were rooted in disadvantages that people experienced when they were young and in the persisting inequalities in training opportunities during people's work careers. The case is made for a major new policy initiative to improve the quality of working life of the low-skilled and their opportunities for skill development.

This text brings together research into the determinants of marginalization risks for the unemployed and research into social policies for combating marginalization. It examines the major controversies about how far entrapment in unemployment is due to resource constraints, motivational problems or skill deficiency. It examines the forms that new policies have taken, the way they vary between EU countries and the effects they have had on the life experiences of the unemployed. Its central concern is how far the policies developed in the 1990s, in particular the spread of activation and welfare-to-work policies, address the major sources of vulnerability of the unemployed. The chapters draw on the results of a number of major comparative research programmes funded by the European Commission. These provide for the first time rigorous comparative data across a range of different countries. They bring together the insights of researchers from different disciplines: economists, jurists, social-psychologists and social policy analysts.

Deftly blending social and business history with economic analysis, "Employing Bureaucracy" shows how the American workplace shifted from a market-oriented system to a bureaucratic one over the course of the 20th century. Jacoby explains how an unstable, haphazard employment relationship evolved into one that was more enduring, equitable, and career-oriented. This revised edition presents a new analysis of recent efforts to re-establish a market orientation in the workplace.
This book is a definitive history of the human resource management profession in the United States, showing its diverse roots in engineering, welfare work, and vocational guidance. It explores the recurring tension between the new professional order and traditional line management. Using a variety of sources, Jacoby analyzes the complex relations between personnel managers, labor unions, and government from the late 19th century to the present.
"Employing Bureaucracy: "
*analyzes the origins of the modern employment relationship's distinctive features;
*combines a variety of disciplinary perspectives, from business and labor history to economics, sociology, and management;
*shows the transformation of the American workplace over the course of the 20th century, from market-oriented to bureaucratic to recent efforts to move back to a market orientation; and
*provides the single-best and most sophisticated history of the origins and development of the modern "HR" profession.
For historians, social scientists, and practitioners, this book is a readable and rewarding study. With the future of work currently under debate, it is critical that the historical process that produced the modernAmerican workplace is understood.
Read the "Workforce Management Magazine" review about "Employing Bureaucracy" at www.erlbaum.com.

This book was accepted in 1999 as doctoral thesis (Dr. oec. publ. ) by the faculty of economics of the Ludwig-Maximilians-Universitat in Munich. It won the dissertation price of the Alumni-Club of the economics faculty in the academic year 2000. Financial assistance by the German Research Asso ciation (DFG) for printing costs is gratefully acknowledged. I have to thank the people behind the B\'IF, X-project, in particular Donald Knuth and Leslie Lamport, for their wonderful typesetting program. The supervisors of my thesis were Prof. Dr. G. Flaig and Prof. Dr. D. Marin. I would like thank both for their thorough reading of the book and their ideas and critical remarks. lowe much gratitude to my academic teacher Prof. Dr. G. Flaig for many insightful conversations about modern time series econometrics, asymptotic theory and data problems. His empha sis on clear theory combined with sound econometric methods formed my personal ideal of how to do applied economics. After he left the university in 1998I had the opportunity to continue my work at the Center for Economic Studies. Prof. Dr. H. -W. Sinn and my new colleaguesat CES provided a stim ulating environment for the completion of my dissertation. Finally, I want to thank my parents, my sister and my friends for being there and sharing my cheers and worries. Munich, October 2000 Michael Reutter Our main concern in philosophy and in science should be the search fortruth. Justification is not an aim; and brilliance and cleverness as such are boring."

Globalisation is normally associated with expanded international trade in goods and services. In view ofhigh and persistent unemploymentin European countries during the last two decades opponents of globali- sation argue that increased import competition, particularly from low- wage countries,influences the domestic labour markets adversely. How- ever, the advocates of open markets stress that this is a misconception about the impact offoreign trade;their view is that the employment ef- fects depend to a large extent on the degree offlexibility ofthe domestic labour markets. This debate has induced Pia WeiB to examine the unemployment prob- lem in an open economy within a rigorously theoretical framework. The focus is on the mismatch between labour demand andlabour supply. For that purpose, new modelsin labour economics concerningthe searchand matching theory are used. It is shown that an increased competition on the world goods markets leads to an increase inthe industrialised coun- try's unemployment rate only ifthe wages are not fully flexible. At the same time, it is demonstrated that changes on the world markets may help to explain the observed development ofthe unemployment vacancy ratio. The study provides valuable insights which might enrich the subjects taught at undergraduate courses. Scholars interested in the interaction of foreign trade and employment may find in the study suggestions for future research. The research forthis studyhasbeenundertakenatthe Institutfur Wirt- VIII Preface schaftspolitik (Institute of Political Economy), University of Cologne.

Changes in the international environment, from the stagflation of the 1970s to the globalization of capital markets in the 1990s, have challenged the ability of all advanced welfare states to maintain postwar achievements of full employment, social security and social equality. Nevertheless, national responses and actual performance differed greatly. This two-volume study examines the adjustment to external economic challenges over three decades in Australia, Austria, Belgium, Denmark, France, Germany, Italy, the Netherlands, New Zealand, Sweden, Switzerland and the United Kingdom Volume I presents comparative analyses of differences in the vulnerabilities and capabilities of these countries, in the effectiveness of their policy responses, and in the role of values and discourses in the politics of adjustment Volume II presents in-depth analyses of the experiences of the countries, including special studies on the participation of women in the labour market, early retirement, the liberalization of public services and international tax competition.

Most governments in today's market economies spend significant sums of money on labour market programmes. The declared aims of these programmes are to increase the re-employment chances of the unemployed. This book investigates which active labour market programmes in Poland are value for money and which are not. To this end, modern statistical methods are applied to both macro- and microeconomic data. It is shown that training programmes increase, whereas job subsidies and public works decrease the re-employment opportunities of the unemployed. In general, all active labour market policy effects are larger in absolute size for men than for women. By surveying previous studies in the field and outlining the major statistical approaches that are employed in the evaluation literature, the book can be of help to any student interested in programme evaluation irrespective of the paticular programme or country concerned.

In this ground-breaking, two-volume study of the adjustment of advanced welfare states to international economic pressures, leading sholars detail the wide variety of responses in twelve countries. Volume I presents comparative analyses of different countries' vulnerabilities and capabilities, the effectiveness of their policy responses, and the role of values and discourse in the politics of adjustment. Volume II presents in-depth analyses of the experiences of Australia, Austria, Belgium, Denmark, France, Germany, Italy, the Netherlands, New Zealand, Sweden, Switzerland, and the United Kingdom as well as special studies on the participation of women in the labour market, early retirement, the liberalization of public services, and international tax competition.

For some time, it has been debated whether a lack of wage flexibility is at the roots of the high and persistent unemployment in West Germany. In the presence of a skill bias in labor demand, which increases the relative de mand for more highly skilled labor over time, there only seems to exist the choice between higher wage inequality or higher unemployment rates. This study scrutinizes whether and in what way this line of thought is consis tent with empirical findings for West Germany. The analysis ranges from extensive descriptive evidence on wage trends to the estimation of a struc tural model of wage bargaining. As the most important database, I use the IAB-Beschiiftigtenstichprobe from 1975 to 1990. This study was accepted as a Habilitation thesis by the Department of Economics and Statistics of the University of Konstanz in October 1998. The only major change relates to appendix B on the block bootstrap procedure now summarizing the main aspects of the method. I am very grateful to my advisor Prof. Dr. Wolfgang Franz for his support, encouragement, and inspiration. From 1993 to 1997, he ran the Center for International Labor Economics at the University of Konstanz in such a way that it provided a fruitful environment for empirical research in labor economics. I am also indebted to Prof. Dr. Winfried Pohlmeier and to Prof. Dr. Gerd Ronning for undertaking the task to evaluate my Habilitation thesis."

What models of distributive justice can the 21st century promote to challenge the spread of insecurity, inequality and social fragmentation? The 20th century was dominated by competition between two labour models of society state socialism and welfare state capitalism, which promoted forms of labour security. Since the 1970s, globalization and flexible labour markets have increased insecurity and inequalities. After a period dominated by libertarianism, politicians and social thinkers must find ways of promoting distributive justice, based on basic security and new forms of voice representation and regulation. Dismissing the approach of the "new paternalists", this book presents a vision combining security of income and representation without moralistic state control.

In the last 25 years, Europe has experienced a reduction in growth and an explosion in unemployment. At a time when this and the continuing existence of the welfare state are top of the European agenda, it has become increasingly popular to blame the globalization of the world economy for current problems. This book provides the first comprehensive set of studies on the impact of trade with developing countries on the European labour market. It argues that the evidence does not point to trade with developing countries as a major cause of European unemployment. Instead, technological change and domestic policy choices are the main causal factors. As a result, the contributors argue against protectionist trade polices, whose benefits to employment would be limited at best, but whose risk to world growth due to trade wars is immense. The next ten years are a critical period for European integration and expansion: Trade and Jobs in Europe will be of crucial importance to all those at the heart of the current debate: advisers, policy-makers, and researchers alike.

Established in 1935 in the midst of the Great Depression, the Works Progress Administration (WPA) was one of the most ambitious federal jobs programs ever created in the U.S. At its peak, the program provided work for almost 3.5 million Americans, employing more than 8 million people across its eight-year history in projects ranging from constructing public buildings and roads to collecting oral histories and painting murals. The story of the WPA provides a perfect entry point into the history of the Great Depression, the New Deal, and the early years of World War II, while its example remains relevant today as the debate over government's role in the economy continues. In this concise narrative, supplemented by primary documents and an engaging companion website, Sandra Opdycke explains the national crisis from which the WPA emerged, traces the program's history, and explores what it tells us about American society in the 1930s and 1940s. Covering central themes including the politics, race, class, gender, and the coming of World War II, The WPA: Creating Jobs During the Great Depression introduces readers to a key period of crisis and change in U.S. history.