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Books > Business & Economics > Economics > General
This book explores the parallels between the Renaissance during the 14th to 16th centuries and the upheavals in human and physical sciences in the 21st Century that herald an insurgent entrepreneurial renaissance. The first Renaissance, conceived and developed in an urban environment, with the Medici family in Florence as pioneers, was a melting pot of art, culture, science and technology. It is in that context that entrepreneurship derived from artisan tradition and, hence, customized, was born to meet the demands and anticipate the needs of individual consumers. Starting with the mechanical technologies of the first industrial revolution, art, culture and science became separated from entrepreneurship. The latter took on Fordist features which depersonalized and, therefore, standardized the producer-consumer relationship. The emerging model of entrepreneurship returns to its origins in customization (e.g., 3D printing technologies, sharing/on-demand economy) strongly linked to the sequence "art-culture-science-technology." The road to a new entrepreneurial renaissance is traveled by cities with creative communities. These communities actively participate in promoting international talent mobility, encouraging connections among the knowledge nomads who move around the world and the resources and talents rooted locally. Brought back to life under the conditions of the current age, entrepreneurship is once again woven into the fabric of art, culture, science and technology, and contributing to civic identity and pride. Featuring case studies from local experts that highlight innovative initiatives and developments in diverse cities around the world, this book aims to stimulate deep thought, theories and applications in the fields of entrepreneurship and innovation.
The theoretical basis of commercial law, corporate governance law, and corporate law is still unsatisfactory. There essentially is no theory of commercial law, and existing theories of corporate governance and corporate law cannot explain the behaviour of firms or the contents of existing regulation. This book proposes a coordinated solution for all three areas. The starting point is that all three areas deal with the organisation of firms. Commercial law, corporate governance, and corporate law are therefore studied from the perspective of the firm rather than that of the judge or the investor. Changing the perspective makes it easier to formulate an "umbrella" theory of commercial law, and theories of corporate governance and corporate law as applications of the main theory. The book provides examples of how the proposed theories work by studying legal corporate governance tools and practices that increase the sustainability of the firm. Sustainability can be bolstered by making the governance model more self-enforcing and ensuring that it fosters innovation.
There have been many noticeable incidents of 'lost decades' in economic growth, occurring in countries across the world. It has been found that in many economies, the lost decade phenomenon persists, even after the conventional set of contributing factors such as per capita income, fertility rate, life expectancy, rule of law, educational attainment, ratio of investment to national income, and openness have been taken into account. This book explains where and how these lost decades in economic growth occur in the world. The authors identify that dominant macroeconomic factors contributing to their occurrence are an abnormal supply of credits relative to national income, and poor demand management. The study pays special attention to the cases of Japan, South Korea and Taiwan, exploring their specific cases and analyzing contributing factors. While Japan suffered from excessive credit prior to the bubble bursting, and from insufficient domestic demand subsequently, Korea's growth has been stunted through structural imbalances between and within industries, as well as through changes in the orientation of public policies from growth to equality. Adversely, reduced economic growth in Taiwan has led from its populism-ridden democracy and mass media, as well as from internal disputes over national identity. Lost Decades in Growth Performance provides a revealing insight into the factors affecting economic growth across the world, and will be an invaluable resource for anyone with an interest in global and Asian economics. It also offers a fundamental source of reference for students and academics in general equilibrium models, economic development and East Asian economies.
Born from studies and the experiences of its author, Retail Marketing Management provides guidelines, concepts, and practices of marketing, with a special focus on retail management. The guidelines aim to encourage and facilitate the development of marketing strategies that enable organizations to achieve greater competitive power and build brands that are respected and valued in the market, while the concepts are intended to give the theoretical background to the practices commented on and suggested here. As the language is accessible and direct, the work has the advantage of proposing immediate solutions for business, especially for market professionals who are eager for results and have no time for heavy academic reading. Moreover, the teachings contained herein are also useful to students and teachers who wish to enhance their knowledge about marketing. Application This book is recommended for professionals and academics from different areas and can be used for reading in business environments, and as part of the literature of technology courses for undergraduate and postgraduate studies in business administration and marketing.
Much of what we consider modern economics is the work of British journalist and economist Walter Bagehot, one of the first editors of the influential newspaper The Economist and an early proponent of business cycles. Here, he develops his theory of central banking, much of which continues to impact financial thinking today. First published in 1873, this replica of the updated 1910 edition explores the history of London's Lombard Street, from how it came to be the traditional home of banks and moneylenders to how the value of money was determined by the institutions there. Joint stocks, private banking, and the regulation of the banking reserve: Bagehot's discussion of these fundamental economic issues makes this a vital resource for anyone wishing to understand financial history. WALTER BAGEHOT (1826-1877) also wrote The English Constitution (1867), Physics and Politics (1872), and The Postulates of English Political Economy (1885), among other works.
The report was launched during China's Twelfth Five-year Period (2011-2015). After revising the measurement system of the Green Development Index 2011, the report measures the green development level of 30 provinces, municipalities and autonomous regions as well as 38 large and medium-sized cities in China. A Public Satisfaction Survey of the Urban Residents is first introduced into the report. Both the province and the city Green Development Index systems consist of three parts, the green degree of economic growth, the carrying potential of natural resources and environment, and the support degree of government policies. The three parts reflect the production and resource usage efficiency, the situation of environment and resources protection and pollutants emission, and government's related investment and management respectively. The China Green Development Index Report 2012 has the comprehensive evaluation of the green economy development in China and its importance to China's rational development and switch in economic development model.
How can large bonuses sometimes make CEOs less productive?Why is revenge so important to us?How can confusing directions actually help us?Why is there a difference between what we think will make us happy and what really makes us happy? In his groundbreaking book, Predictably Irrational, social scientist Dan Ariely revealed the multiple biases that lead us to make unwise decisions. Now, in The Upside of Irrationality, he exposes the surprising negative and positive effects irrationality can have on our lives. Focusing on our behaviors at work and in relationships, he offers new insights and eye-opening truths about what really motivates us on the job, how one unwise action can become a long-term bad habit, how we learn to love the ones we're with, and more. The Upside of Irrationality will change the way we see ourselves at work and at home--and cast our irrational behaviors in a more nuanced light.
This book describes the importance of integration and clustering in creating sustainable economic growth. Modern economic conditions demonstrate the need for governmental stimulation of cluster initiatives in entrepreneurship, and make it necessary to study the experience of developed countries in the sphere of stimulation of cluster initiatives in entrepreneurship, and to offer recommendations for improving the system of state stimulation of these initiatives. The authors conclude that at present, innovational economy is an economic system that functions on the basis of business networks, as this model offers innovational cooperation between specialists from various scientific and technical spheres, between organizations of various sizes (large, medium, and small), and between groups of various types of companies. Cluster strategy in modern global practice is one of the most important tools of public policy for increasing the competitiveness of national economies. This means that the most competitive spheres develop on the basis of the cluster principle, and support for cluster building increases a country's economic competitiveness.
This books provides an essential study of communicable diseases, by integrating the diagnosis, treatment and cure of communicable diseases in developing countries with the practical aspects of delivery of these services to the public.
What are the real differences between the Democrats and the Republicans on major economic issues that influence the character and vitality of the American economy? This volume answers this question in a thorough, nonpartisan, and evenhanded fashion. Both the Democratic and Republican parties proclaim that they have the best interests of the nation and its people at heart. Both are also adamant that they have the best proposals and positions on economic policies, including taxation, spending priorities, wages, business regulation, and other influences on economic growth and household finances. This volume carefully examines the two parties' respective policies, providing a detailed yet readable and understandable look at how the parties agree, disagree, and find compromise on the broad range of problems and issues facing American society in the 21st century. Each entry includes an infographic that offers bulleted "at-a-glance" summaries of the two parties' positions on each issue today, an "Issue Overview" providing basic definitions and background for understanding the debate on each issue, and a main entry that explains prevailing party sentiments, the diversity of opinion within each party, and the shifts in party position on that issue over time. Selected entries also feature informative sidebars that supply additional content, such as primary documents that showcase the viewpoints of key political figures and institutions or biographical profiles of individuals who have helped shape their party's policies on the issue in question.
Many of the earliest books, particularly those dating back to the 1900s and before, are now extremely scarce and increasingly expensive. Hesperides Press are republishing these classic works in affordable, high quality, modern editions, using the original text and artwork.
This text describes the relationship between political authoritarianism and people's welfare in modern China. Based on a study of Chinese political discourse from the 1898 reform period to the present, the book aims to demonstrate that support for authoritarian rule in modern China is best understood when compared to ancient political traditions of authority and welfare that were established in China's late Zhou dynasty by the Confucian philosopher Xunzi (298-238 BC).
The Covid 19 pandemic transformed the slow morphing of work modes into rapid shifts that heightened VUCA characteristics globally. The management of these shifts in work dynamics is the focus of the chapters in this volume. The variation of post-pandemic outcomes for businesses, from complete collapses to profit booms, easily motivates an interest in the values that influence truly positive outcomes. Also, the health sector, globally, has borne much of the brunt of the pandemic and needs to draw practical lessons to promote its adaptability and sustainability through future crises. Responsible Management of Shifts in Work Modes - Values for Post Pandemic Sustainability, Volume 2 looks at specific issues relating to ethical leadership, people management, resilience, and the management of consequences for business and healthcare systems. In the process, contributors identify challenges to and engage in in-depth discussions of work values that enrich people management. The necessary qualities needed to develop these work values both now and in the future are thus highlighted in the different chapters: both individual and organisational characteristics are explored while developing ways to promote responsible management through fairness to stakeholders and ethical leadership. As a post-pandemic future incorporates new realities distinct from the old normal and yet does not change the purpose of all responsible management, this book deliberates on the necessity of values, virtues, and skills to make the necessary work mode shifts in small, medium, and large organisations positively impactful for the future of humanity.
The Manhattan skyline is one of the great wonders of the modern world. But how and why did it form? Much has been written about the city's architecture and its general history, but little work has explored the economic forces that created the skyline. This book chronicles the economic history of the Manhattan skyline. In the process, the book debunks some widely-held misconceptions about the city's history. Part I lays out the historical and environmental background that established Manhattan's real estate trajectory before the Skyscraper Revolution at the end of the 19th century. The book begins with Manhattan's natural and geological history and then moves on to how it influenced early land use and neighborhood formation, and how these early decisions eventually impacted the location of skyscrapers. Part II focuses specifically on the economic history of skyscrapers and the skyline, investigating the reasons for their heights, frequencies, locations, and shapes. The book discusses why skyscrapers emerged downtown and why they appeared three miles to the north in midtown, but not in between. Contrary to popular belief it was not due to the depths of Manhattan's bedrock, nor the presence of Grand Central Station. Rather midtown's emergence was a response to the economic and demographic forces that were taking place north of 14th Street after the Civil War. The book also presents the first rigorous investigation of the causes of the building boom during the Roaring Twenties. Contrary to conventional wisdom, the boom was largely a rational response to the economic growth of the nation and city. The last chapter investigates the value of Manhattan Island and the relationship between skyscrapers and land prices. Finally, an Epilogue offers policy recommendations for a resilient and robust future skyline.
This book describes the main patterns and trends of drug trafficking in Latin America and analyzes its political, economic and social effects on several countries over the last twenty years. Its aim is to provide readers an introductory yet elaborate text on the illegal drug problem in the region. It first seeks to define and measure the problem, and then discusses some of the implications that the growth of production, trafficking, and consumption of illegal drugs had in the economies, in the social fabrics, and in the domestic and international policies of Latin American countries. This book analyzes the illegal drugs problem from a Latin American perspective. Although there is a large literature and research on drug use and trade in the USA, Canada, Europe and the Far East, little is understood on the impact of narcotics in countries that have supplied a large share of the drugs used worldwide. This work explores how routes into Europe and the USA are developed, why the so-called drug cartels exist in the region, what level of profits illegal drugs generate, how such gains are distributed among producers, traffickers, and dealers and how much they make, why violence spread in certain places but not in others, and which alternative policies were taken to address the growing challenges posed by illegal drugs. With a strong empirical foundation based on the best available data, Illegal Drugs, Drug Trafficking and Violence in Latin America explains how rackets in the region built highly profitable enterprises transshipping and smuggling drugs northbound and why the large circulation of drugs also produced the emergence of vibrant domestic markets, which doubled the number of drug users in the region the last 10 years. It presents the best available information for 18 countries, and the final two chapters analyze in depth two rather different case studies: Mexico and Argentina.
The confluence of developments in technology, labor and management practice, and market expansion in the period from 1760 to 1850 so drastically altered the context of economic relations that, taken together, these changes have earned the name, "Industrial Revolution." This book, the first in a series of titles to explore turning points and important events in business history, explains the nature of these changes, how they came about, how people reacted to the new economic environment, and the direct impact that they have had on the way business is conducted today. This volume will address how the Industrial Revolution played out in Europe, the United States, and the rest of the world, emphasizing the role of the government in both promoting and regulating commerce. It will clarify the important distinctions between the original Industrial Revolution and the second Industrial Revolution (approximately 1850 to the early 20th century), which was characterized by accelerating growth, brought about the introduction of the internal combustion engine, electric power, and other technological and managerial developments. Featuring biographical sketches, photos, a timeline, a glossary of key terms, and excerpts of primary documents, The Industrial Revolution reveals the "daily life" of the entrepreneurs, bureaucrats, and workers who experienced the dramatic changes in technology, business, and trade, and the resulting changes in society and culture.
The 2007-2009 financial crisis has had a worldwide impact on banks and financial systems. It has also brought about major changes in Europe's financial regulatory framework which could lead to financing problems for SMEs. The book explores the restructuring process of banking and financial systems to its impact on the financing of SMEs.
Here is a comprehensive development plan written as if vital communities, indigenous peoples, women, and the environment really mattered. This alternative type of development planning goes beyond statistics to incorporate the interests of the people that live in the community. As an experiment in development education and planning, one of the authors led a group of the country's leading undergraduates into the field in Ecuador to complete an empirically based study and to prepare an alternative set of recommendations and models. A clearly written book that offers new insights for developmental specialists as well as educators and students in international development, anthropology, economics, public policy, planning, and Latin American studies at the undergraduate and graduate levels.
Turkey has been reforming its energy markets since the 1980s, culminating in two major bills in the early 2000s. The country has restructured electricity and natural gas markets, establishing an independent regulatory agency (EMRA) and passed legislation on renewable and nuclear energy. With these regulatory reforms, Turkey, as a candidate country for accession to the European Union (EU), has aimed to direct the energy markets to a more competitive environment in parallel with EU energy directives. This book contains an analysis of regulatory reforms in Turkish energy markets (electricity, natural gas, renewable and nuclear energy), the impact of these reforms on country's energy portfolio and role in global energy trade, especially between the EU, the Caspian, Caucasus, and Central Asia. Finally, the book concludes with recommendations for Turkish energy policy. The authors are expert scholars who have written extensively on Turkish regulatory reform and energy economics and who have broad knowledge of global energy market dynamics. The book will be a unique guide for those concerned with the different areas of the Turkish economy and international audiences interested in energy markets of Turkey and surrounding regions, making the book of interest to not only researchers in academia but also industry practitioners, regulators and policy makers as well.
Disputes between peers as well as between supervisors-subordinates happen numerous times a week in the corporate environment. Although the win-win concept is the ideal orientation, the notion that there can only be one winner is constantly being reinforced in some cultures. This kind of mentality can be destructive when communicating with different cultural groups by creating barriers in negotiation, resolution, and compromise; it can also lead the "loser" to feel mediocre. When the win-win orientation is absent in negotiation, different responses to conflict may be observed. Strategic Approaches for Conflict Resolution in Organizations: Emerging Research and Opportunities provides emerging research on approaches for conflict resolution in organizations whereby it is possible to establish congenial ambiences in different organizations, leading to better outcomes and performance. Featuring coverage on a broad range of topics such as organizational change, leaderships roles, and organizational change, this book is ideally designed for managers, human resources officials, executives, researchers, scholars, professors, industry professionals, and students interested in the current research behind the reduction, elimination, and termination of all forms of organizational conflict. |
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