The design of infrastructure policies is a controversial issue in the transition economies of Eastern Europe, where the dismal state of infrastructure was widely regarded to be one of the major obstacles to economic recovery and sustained growth. With the imminent enlargement of the EU, Christian von Hirschhausen provides a detailed, reflective analysis of the state of infrastructure development in Eastern Europe. The author illustrates the different approaches to modernizing infrastructure and the successes that have been achieved in terms of fiscal relief, private investment and increased efficiency. Based upon a comparative institutional analysis and extensive field research and case studies, he provides empirical evidence from different sectors (power, gas, railways, roads, R&D), with particular emphasis on countries such as Poland, Hungary, the Czech Republic, the Baltics and Russia. Given the substantial institutional instability of the early years of transition, the author promotes a gradual but time-consistent approach to liberalization as a more promising path towards a market economy and increased efficiency. The author offers sound policy recommendations on how best to achieve the successful modernization of East European infrastructure in the course of EU-enlargement. This book will be indispensable to all researchers and academics of European integration and transition economics, policymakers in the EU, and institutions such as development banks which are active in the restructuring process in Eastern Europe and EU-enlargement.

Economic resilience is an emergent field in the social sciences. In this timely book, key scholars examine how individuals, organisations, regions and nations are affected by internal and external crises, and consider how the ways in which they respond will determine their future growth path. Providing a coherent and clear narrative, Creating Resilient Economies offers a theoretical analysis of resilience and provides guidance to policymakers with regards to fostering more resilient economies and people. It adeptly illustrates how resilience thinking can offer the opportunity to re-frame economic development policy and practice and provides a clear evidence base of the cultural, economic, political and social conditions that shape the adaptability, flexibility and responsiveness to crises in their many forms. Academics and scholars across the social sciences will find this book an enlightening gateway into the subject of economic resilience. Its eminently practical approach will also benefit government policy makers interested in how localities, regions and nations can respond more effectively to crises. Contributors include: D. Bailey, G. Bentley, C. Brooks, C. Brunelle, J. Clark, P. Di Caro, R. Doern, E. Evenhuis, S. Dawley, H. Gong, N. Gray, R. Hassink, R. Huggins, C.K. Monsson, L. Pugalis, J. Simmie, B. Spigel, P. Thompson, A. Townsend, T. Vorley, N. Williams

Creativity is crucial to the Information Age economy. It is the basis of production in the cultural industries. In this excellent book, Ruth Towse provides an analysis of the interaction between creativity, the law, and markets for cultural goods and services. Copyright law establishes property rights that create economic incentives to cultural production and Ruth Towse uses her analysis to draw conclusions about policy on copyright. This unique study is of interest to a range of disciplines in economics, law, cultural studies and management.

Principles of Economics focuses on seven core principles to produce economic naturalists through active learning. By eliminating overwhelming detail and focusing on core principles, students from all backgrounds are able to gain a deeper understanding of economics. Focused on helping students become "economic naturalists," people who employ basic economic principles to understand and explain what they observe in the world around them. COVID-19 pandemic content, analysis, and examples further engage students. With engaging questions, explanations, exercises and videos, the authors help students relate economic principles to a host of everyday experiences such as going to the ATM or purchasing airline tickets. Throughout this process, the authors encourage students to become "economic naturalists." Author developed Learning Glass concept overview videos and Worked Problem videos give students an overview of challenging and important concepts. With new videos and engagement tools in Connect, like Application-Based Activities, alongside SmartBook's adaptive reading experience, the 8th edition enables instructors to spend class time engaging, facilitating, and answering questions instead of lecturing on the basics.

Behavioural public policies, or nudges, have become increasingly popular in recent years, with governments keen to use light-touch interventions to improve the success of their public policies. In this unique book, Peter John explores nudges, their successes and limitations, and sets out a bold manifesto for the future of behavioural public policy. This book traces the beginnings of nudge in behavioural economics and tracks the adoption of its core ideas by policy-makers, providing examples of successful applications. By considering the question ?how far to nudge??, John reviews why it is crucial for governments to address citizen behaviours, and reviews the criticisms of nudge and its ethical limitations. Looking to its future, this book proposes the adoption of a radical version of nudge, nudge plus, involving increased feedback and more engagement with citizens. How Far to Nudge? will be a vital text for students of behavioural public policy and policy analysis, as well as for anyone looking for an introduction to nudge policy and an explanation for its growth in popularity.

'In this book, Simon Bowmaker offers a remarkable collection of conversations with leading economists about research in economics. He has selected a broad sample of the great economists of our time, including people whose perspectives span most of the major subdivisions of economics research, from micro to macro, from theoretical to empirical, from rationalist to behavioral.' - From the foreword by Roger B. Myerson, University of Chicago and 2007 Nobel Laureate in Economics 'The Art and Practice of Economics Research is the book I wish I had when I was ''growing up'' as an economist. For anyone who is or wants to be an economic researcher, or anyone just interested in how economics ''works'', this is a terrific and inspirational resource.' - David K. Levine, Washington University in St. Louis 'It is hard to imagine an economist in the world who would not enjoy this book. It is fascinating, gripping, and full of the wisdom imparted by age and by scholarly life's ups and downs.' - Andrew J. Oswald, University of Warwick, UK 'Although each has followed his or her own road, these scholars share a passion for economics and a commitment to the research enterprise. The best economists lie sleepless, gripped by their questions.' - Joshua Angrist, Massachusetts Institute of Technology 'This is a wonderful book of interviews with some of the most respected economists in the world. It is full of insights into academic life, and clearly conveys the joy of doing economics research.' - Jon Levin, Stanford University 'The relaxed frame of the interviews gives interested parties exciting insights into the thoughts and concerns of leading economists and might well inspire some of the best young minds to continue with economics in their later lives.' - Ernst Fehr, University of Zurich, Switzerland The Art and Practice of Economics Research provides an in-depth look into the research methods of leading economists from across the United States and Europe. This innovative volume contains 25 interviews with practicing economists, presenting insightful personal accounts into an often-misunderstood field. Contributors to this volume were asked to reflect on their own experience in economics research, including their methods of working, the process of scientific discovery and knowledge creation, and the challenges of successfully disseminating their work. The unique and compelling interview format showcases each contributor's personal connection to his or her work, presenting a view of current economics research that is technical, comprehensive, and refreshingly human. Both students and current scholars in economics will find much to admire in this book's window into the inner workings of some of the brightest and best-known minds in the field. This volume also makes a great companion to the author's 2010 book, The Heart of Teaching Economics, which showcases the personal experiences of teachers and professors of economics.

Why would a smart New York investment banker pay twelve million dollars for the decaying, stuffed carcass of a shark? By what alchemy does Jackson Pollock' s drip painting No.5 1948 sell for $140 million? The first book to look at the economics of the modern art world, and the marketing strategies that power the market to produce such astronomical prices, this surprising and revelatory book explores the money, lust, and self-aggrandizement of the art world in an attempt to determine what makes a particular work valuable while others are ignored. Drawing on interviews with past and present executives of auction houses and art dealerships, artists, and the buyers who move the market, Thompson launches the reader on a journey of discovery through the peculiar world of modern art to reveal the source of Charles Saatchi's Midas touch, and how far a gallery like White Cube has contributed to Damien Hirst becoming one of the highest-earning artists in the world.

* The most comprehensive book looking at the Principles for Responsible Management Education, its background and future directions. * Exclusively presents the achievements and workings of a global movement among management schools towards achieving the ambitions of the SDGs, and more generally nurture a culture of responsible management thinking in higher education. * it is authored by those scholars and educators that have the 'in-the-classroom' experiences and have themselves felt the demand as well as the challenges in a management school context. * The book provides a truly global outlook on responsible management education, as it is authored by educators from across the world.

Makes sense of the many approaches to motivation in a clear, practical framework that's easy to apply. Draws on a broad range of techniques that the author has created during 30 years' experience of coaching and training leaders. Filled with activities, case studies, models, tools and tips to enable the reader to implement their insights in practice.

At the time of South Africa's first democratic election in 1994 everyone agreed that poverty had to be uprooted, inequality reduced and the conditions for sustainable economic growth established.

It was clear that the structure of the economy had to change and that land ownership, employment opportunities and access to essential services had to more closely match the needs of the entire population. Unfortunately, there was very little fundamental agreement about how this should be done.

The Missing Pieces: Solving South Africa's Economic Puzzle looks at various aspects of our economy over the past 20 years in an accessible way - what has worked and what has fallen short - and looks into the next 20 years - what needs to be done in order to grow and sustain our economy - through focusing on the agricultural sector, redressing education policies and addressing our infrastructural backlog.

Knowledge and innovation are key factors contributing to growth and prosperity in the new service economy. This book presents original, empirical and theoretical contributions to address the economic dimensions of knowledge and the organisation of knowledge intensive activity through specialised services. Specific analyses include: * macro statistics to highlight the contribution of services to economic activity * firm level survey data to identify and consider client relations * case studies of four innovation-oriented business services. Further chapters deal with the specific functions connected with knowledge, the new discipline of 'knowledge management', intellectual property rights, and the role of knowledge in national and international economic systems. Offering an overview of a highly important and pervasive set of phenomena, this book outlines and illustrates the intellectual agenda associated with the rise of a global services economy. It will appeal to industrial and business economists, researchers, students, policymakers and business analysts.

`The Handbook of Innovation and Services is an exceptional volume. Its contributors, including Faiz Gallouj, William Baumol, Jean Gadrey, and Pascal Petit, are among the major thinkers in both the fields of the economics of services and the economics of innovation. Selected topics include the "cost disease", services innovation in the global economy, social innovation in the services, and innovation and employment in services. The book, I am sure, will become a standard reference volume in both these fields in the ensuing years.'---Edward Wolff, New York University, USAThis Handbook brings together 49 international specialists to address an issue of increasing importance for the world's post-industrial economies; innovation as it relates to services. Contemporary economies have two fundamental characteristics. Firstly, they are service economies in as much as services account for more than 70 per cent of the wealth and jobs in most developed countries. Secondly, they are innovation economies as recent decades have seen an unprecedented development of scientific, technological, organisational and social innovations. This Handbook expertly links these two major characteristics in order to investigate the role of innovation in services, an issue that until now has been inadequately explored and one that poses many theoretical and operational challenges. This comprehensive volume encompasses the views of eminent scholars from a range of disciplines including economics, management, sociology and geography, and draws on a number of different analytical and methodological perspectives. With its multi-disciplinary approach this Handbook will be an invaluable reference source for academics and students in the fields of economics, management and the geography of services and innovation. Public authorities and managers in the service sector will also find this book fascinating.

In today's political climate, when sustainable development is the perceived goal for farming and forest communities throughout the globe, the experiences of early Canadian settlers force a re-examination of many of the assumptions about the processes through which wilderness has been civilised. The Frontier Environment and Social Order examines the development of civil society within the forest frontier of Upper Canada, using the letters of Francis Codd, a young English doctor, who settled in the Ottawa Valley in 1846 as the textual basis. The letters provide detailed evidence about frontier development: clearing the forest, establishing farming communities, and bringing civil institutions to a developing country. This period was one of intense social and environmental transformation as immigrants began the difficult task of settling a new land. The backdrop to Francis Codd's life in Canada was dramatic, but the detailed observations he provides bring the process of settlement to life. Codd became one of the cornerstones of local society and his letters and the memoirs of his contemporaries document the privations and struggles of the time. They also present new evidence on the establishment of a relationship between nature and culture at a time when ideas of wilderness and civilisation were being forged through civil society and its myths. This fascinating book will appeal to environmental social scientists and economists, historians, geographers and migration specialists as well as the interested reader.

The learning region offers a new perspective on the dynamics of change which shape the economy. This book examines the transformation of the modern economy into one in which knowledge is the most important resource and learning the most important process for economic growth. In the modern economy, successful firms, as well as governments, are those which have control over and access to flows of information and knowledge of technologies, markets, and organizational and managerial practices. In order to examine this, the authors apply innovation, industrial network and institutional theories to the many factors which together constitute learning regions: regional innovation policy, geographical clusters of collaborating firms and the role of research centres in the innovative potential of regions. They find that the learning region paradigm opens new possibilities for research and policy and use case studies in Germany, Holland and Belgium to illustrate these possibilities. The authors also examine European Union and regional government policy on innovation and regional development. Finally, they examine inter-firm and intra-firm collaboration and regional business and innovation systems. This innovative new book will prove invaluable to regional scientists, economic geographers and regional planners.

Forestland investment has surged in the past few decades as a result of land ownership change in the forestry industry. Timberland investment and management organizations and real estate investment trusts have bought up land and resources that were divested by vertically integrated forest products companies. This book provides a seminal coverage of this seismic shift in the industry, exploring the philosophy, driving factors, valuation, theory, research, implementation, practice, and effects of forestland investment. Across 15 chapters the book reviews the history of forestland investment; discusses the optimal forest rotation; explains timberland appraisal; examines the return drivers of forestland; analyzes timberland index construction methods and results; prices timberland assets; reviews financial and real options; investigates real option values in forestland management; evaluates timber harvest contracts; examines new opportunities in the emerging woody bioenergy market; and eventually offers prospects on forestland investment in the future. It also discusses how forest carbon can be used as a nature-based climate solution. This book is essential reading for forestry business students and scholars, as well as practitioners and policymakers in the industry.

This unique book offers a comprehensive survey of the privatization and deregulation of the public sector in a number of important developed and developing economies. The first part examines the privatization and deregulation process in Japan, Korea, India, Latin America, the US and the UK. The authors examine the costs and benefits in each country and describe the private initiatives and ongoing government intervention in the new markets. Wide country coverage allows readers to compare and contrast the different regimes in each country, particularly in the less studied Asian and Indian regions. The authors also describe the regime in the US and UK, the forerunners of privatization initiatives, from which useful policy lessons can be learnt in terms of ownership, price setting, universal service and welfare implications. The second part offers sector surveys from important industries, including telecommunications in Japan, India and Latin America, electricity in the UK and US, and the banking sector in Japan. Privatization, Deregulation and Economic Efficiency will be useful supplementary reading for scholars and students of the theory and practice of public economics, as well as for governments and NGOs interested in the policy implications of the privatization and deregulation process.

*A GUARDIAN BEST FORTHCOMING BOOK OF 2023* The #1 bestselling economist opens our eyes to the new power that is reshaping our lives and the world. 'Utterly accessible, deeply humane and startlingly original' NAOMI KLEIN on Talking To My Daughter --- No one noticed when capitalism was ... replaced. Perhaps we were too distracted by the pandemic, or the endless financial crises, or all those cute cats on TikTok. But under cover of them all, a new and more exploitative system has been taking hold: technofeudalism. Drawing on stories from Greek Myth and pop culture, from Homer to Mad Men, world-famous economist Yanis Varoufakis explains this game-changing transformation and how it holds the key to understanding our times. He shows that the key pillars of capitalism - profit and markets - no longer run the show. Instead, with every click and scroll, we cement the dominance of a new monster, cloud capital, birthed by big tech and central banks, which underlies the technofeudal regime. But by equipping us to see this new power for what it is, Technofeudalism answers the burning question: how it might also be replaced, and with what, so that we may recover our autonomy and perhaps even our freedom too. --- 'A book for anybody who wants to understand this mess we are in - and since we are all in this mess, it is a book for everybody' Slavoj Zizek

The growth in global competitiveness and interdependence has led to an increased interest in the role of industrial policy in achieving economic growth objectives. Heather Smith reignites the contentious debate of the role of the state using East Asian economic development in general with particular emphasis on Taiwan and Korea. Using quantitive techniques, the author analyses the view that industry policy interventions were a necessary factor explaining Taiwan's economic performance in the 1980s. Lessons for other countries attempting to upgrade their industrial structure are drawn from the comparative industrialisation experience of Taiwan and Korea, along with: * a comprehensive discussion of strategic industry policy with an application to East Asia. * discussion on the impact of the 1997-1998 financial crisis in Korea * a critique of the structuralist/revisionist literature in the light of the financial crisis. This highly topical study constitutes essential reading for governmental and non-governmental policymakers, business leaders and academics alike.

Combining impartial analysis with reliable facts and figures, this fully revised and updated 24th edition provides up-to-date commentary on these vast North American nations. General Survey Essays by leading experts analyse topics of regional importance, including: - US-Canadian integration, US foreign policy in the Arctic region, and the COVID-19 pandemic in North America. Country Surveys Each country is dealt with in greater detail within its own section. Country chapters include: - a chronology of political events - essays covering key socio-political and economic themes, including: recent political developments; foreign policy; constitution; the economy; energy policy; agriculture; trade; health and social policy - additional essays examining timely subjects such as religion in US politics and the US Judicial system - historical, political and economic surveys of each of the US states and Canadian provinces and territories - statistical surveys of economic and demographic indicators - comprehensive directory sections covering public affairs, the economy and society, which provide contact details and other useful information for the most significant institutions in the region.

This comprehensive literature review presents key contributions to the topic of regional economic advantage. It helps the reader to understand how regions build advantage for industrial development through the use of endogenous and exogenous resources, how regional industrial development can be supported by place-based policy, and how the form and mechanisms of regional advantage change over time in a path dependent manner. Also analysed is research on industrial districts and new industrial spaces, as well as regional clusters and innovation systems, along with more recent discussion of global development impulses and evolutionary perspectives on regional development. Written by three experts in the field, this important review is an essential resource for those studying, researching or practicing in this area.

Morality and Power offers a compelling critique of orthodox economic analysis and its impacts on public policy. Mike Berry argues that the theoretical underpinning of evaluative tools like cost-benefit analysis rests on an incoherent concept of 'efficiency' derived from Paretian welfare economics. Beginning by reviewing the historical progression of economic thought, Berry argues there has been a lack of crucial development in economic thinking in public policy since the economic crisis of 2008. The ethically unacceptable outcomes of the current public policy approach are exposed: most notably the support for policies that accentuate inequality and social polarization; the outbreak of crises in the financial sector, and the treatment of refugees and migrants. Finally, threats to liberal democracies in an age of rampant populism and rising nationalism are examined, offering noteworthy suggestions for an alternative democratic future. Both students and practitioners of heterodox economics and public policy will find this book a compelling insight into the ethical concerns of neoliberal policies shaped by politicians and policymakers today.

Elements of the digital revolution defined. Practical project results discussed and presented. Interaction of people and technology for maximum performance enunciated. Connection between Lean thinking and the digital revolution.

Contemporary law and economics has greatly expanded its scope of inquiry as well as its sphere of influence. By focussing specifically on a comparative approach, this Handbook offers new insights for developing current law and economics research. It also provides stimuli for further research, exploring the idea that the comparative method offers a valuable way to enrich law and economics scholarship. With contributions from leading scholars from around the world, the Handbook sets the context by examining the past, present and future of comparative law and economics before addressing this approach to specific issues within the fields of intellectual property, competition, contracts, torts, judicial behaviour, tax, property law, energy markets, regulation and environmental agreements. This topical Handbook will be of great interest and value to scholars and postgraduate students of law and economics, looking for new directions in their research. It will also be a useful reference to policymakers and those working at an institutional level. Contributors: G. Bellantuono, Y.-c. Chang, R.K. Christensen, E. Colombatto, T.F. Cotter, A. Foddis, N. Garoupa, D.J. Gerber, W.J. Gordon, V.P. Hans, K.A. Houghton, K.-C. Huang, R. Ippoliti, A. Jolivet, A. Kreis, E. Marelli, N. Mercuro, T.J. Miceli, H.T. Naughton, I.P.L. Png, G.B. Ramello, F. Revelli, M. Signorelli, H.E. Smith, J. Szmer, T.S. Ulen, Q.-h. Wang, P.K. Yu