The latest edition of the gold standard in the economics and financing of health care In the newly revised Sixth Edition of Health Economics and Financing, an expert team of authors delivers an authoritative discussion of key topics in the economic and finance issues relevant to health care. From cost-benefit and cost-effectiveness analyses to the economic considerations driving the choices of physicians, hospitals, and pharmaceutical companies, the book explores the influence of financial considerations - both public and private - that remain front-of-mind for modern health care decision makers.

The separation between ownership and control has become common practice over the last century, in most medium and large firms across the world. Throughout the twentieth century, the theory of the firm and the theory of industrial organization developed parallel and complementary views on managerial firms. This book offers a comprehensive exposition of this debate. In its survey of strategic delegation in oligopoly games, An Economic Theory of Managerial Firms is able to offer a reinterpretation of a range of standard results in the light of the fact that the control of firms is generally not in the hand of its owners. The theoretical models are supported by a wealth of real-world examples, in order to provide a study of strategic delegation that is far more in-depth than has previously been found in the literature on industrial organization. In this volume, analysis is extended in several directions to cover applications concerning the role of: managerial firms in mixed market; collusion and mergers; divisionalization and vertical relations; technical progress; product differentiation; international trade; environmental issues; and the intertemporal growth of firms. This book is of great interest to those who study industrial economics, organizational studies and industrial studies.

All industrialization is deeply rooted within the specific geographies in which it took place, and echoes of previous industrialization continue to reverberate in these places through to the modern day. This book investigates the overlap of memory and the impacts of industrialization within today's communities and the senses of place and heritage that grew alongside and in reaction to the growth of mines, mills, and factories. The economic and social change that accompanied the unchecked accumulation of wealth and exploitation of labor as the industrial revolution spread throughout the world has numerous lasting impacts on the socioeconomics of today. Likewise, the planet itself is now reeling. The memory and heritage of these processes reach into the communities that owe the industrial revolution their existence, but these populations also often suffered adverse impacts to their health and environment through the large-scale and rapid extraction of natural resources and production of goods. Through the themes of memory, community, and place; working post-industrial landscapes; and the de-romanticization of industrial pasts, this book examines the endurance and decline of these communities, the spatial processes of industrial byproducts, and the memory and heritage of industrialization and its legacies. While based in the traditions of geography, this collection also draws upon and will be of great interest to students and scholars of cultural anthropology, archaeology, sociology, history, architecture, civil engineering, and heritage, memory, museum, and tourism studies. Using global examples, the authors provide a uniquely geographic understanding to industrial heritage across the spaces, places, and memories of industrial development.

Literature on China's finance in the West has focused on "financial repression" in its highly regulated financial markets. However, fundamental changes in China's financial system are underway and China's peer-to-peer (P2P) lending is now the largest in the world. This book uses exclusive researches, interviews and surveys to bring readers a clear picture of the rapidly developing P2P lending industry in China. It is comprised of two parts. The first part is a comprehensive analysis of China's P2P lending industry. It outlines the factors behind the meteoric rise of P2P lending in China, and also the challenges its rapid rise has posed. The second part is a panoramic survey of China's P2P lending industry with study of typical cases, which could also provide reference to the analysis in the first part. Besides, it introduces the existing relevant regulations, regulators, likely upcoming regulatory measures as well as the diverse body of new financial institutions appearing with the development of the industry, to analyse in-depth the current functioning of the industry in China and its lending practices through a large scale survey.

The book is a cross-section of the over all Italian development. Italy can be considered a microcosm that contains all the imbalances and territorial differences that can be observed in the European macro-areas. Its north can now be considred integrated with the more developed European continental shelf. The Centre represents a local development in transition to a more visible technological change. The late south risks accumulating more socio-economic backwardness. For these reasons, we believe this volume is useful, with just a few pages presenting one of the most interesting cases of local industrial development, outside the mainstream of the industrial economy which saw in Fordism and Taylorism the best way for industrializaion. Here, on the contrary, it is argued that big fish cannot always consume the smallest one that flickers faster and its flexibility, that has social roots, can be an advantage in global markets. Technology appears to be the key to the future. Please note: This title is co-published with Aakar Books, New Delhi. Print edition not for sale in South Asia (India, Sri Lanka, Nepal, Bangladesh, Pakistan, Maldives or Bhutan)

Classes of Labour: Work and Life in a Central Indian Steel Town is a classic in the social sciences. The rigour and richness of the ethnographic data of this book and its analysis is matched only by its literary style. This magnum opus of 732 pages, an outcome of fieldwork covering twenty-one years, complete with diagrams and photographs, reads like an epic novel, difficult to put down. Professor Jonathan Parry looks at a context in which the manual workforce is divided into distinct social classes, which have a clear sense of themselves as separate and interests that are sometimes opposed. The relationship between them may even be one of exploitation; and they are associated with different lifestyles and outlooks, kinship and marriage practices, and suicide patterns. A central concern is with the intersection between class, caste, gender and regional ethnicity, with how class trumps caste in most contexts and with how classes have become increasingly structured as the 'structuration' of castes has declined. The wider theoretical ambition is to specify the general conditions under which the so-called 'working class' has any realistic prospect of unity.

Economic theorizing suggests that firms can acquire and maintain market dominance in a number of ways. Some economists argue that firms attain dominance only by being relatively more efficient than their rivals and retain leadership only by staying more efficient than their rivals. Others argue that efficiency is not the only source of dominance and that leaders can retain preeminence even if they are inefficient. This book attempts to sort out the relevant points by exploring market dominance experienced by firms in ten different industries. It examines factors that led to acquiring, holding and in some cases losing dominance and asks whether those factors were consistent with economic efficiency.

The results suggest that both schools make valid points. Generally, firms that rose to dominance were market pioneers and did so using economically-efficient strategies. In some cases, however, firms rose to dominance using inefficient strategies. Once they reached their ascendance, these firms engaged in a number of strategies, some efficient, others inefficient, to maintain their dominant positions.

Most of the firms examined eventually lost their dominance. In some cases, the market evolved too rapidly for any firm to maintain control. In other cases the fall was ushered along by federal antitrust and trade policy. In still other industries, it was due either to poor management or the firm becoming inefficient. However, even when some of these dominant firms became inefficient, the market system worked only very slowly to remove them.

The analysis has specific implications for antitrust policies toward dominant firms. Because the sources and consequences of dominance can be varied, neither a DEGREESIlaissez faire DEGREESR policy in favor nor a DEGREESIper se DEGREESR injunction against dominance is called for. A reasoned approach, tempered by underlying market conditions, is warranted toward the strategies used to acquire and maintain dominance.

Written by two of the field's most respected researchers, Modern Industrial Organization goes beyond the traditional structure-conduct-performance framework by using the latest advances in microeconomic theory, including transaction cost analysis, game theory, contestability, and information economics. Updated to reflect new trends and topics, the 4th Edition focuses on providing students with a clear, unified structure for analysing theories and empirical evidence about the organisation of firms and industries.

The Great Labour Unrest examines the struggle between liberals, socialists and revolutionary syndicalists for control of Britain's best established district miners' union. Drawing widely on a vast and rich body of primary sources, this study reveals the debates that grassroots activists had during the fascinating and turbulent 'Great Labour Unrest' period. It charts the contexts in which the socialists challenged the union's Liberal leaders from the late 1890s and considers the complex strikes in 1910 against the implementation of the Liberal government's miners' eight-hour day. It analyses the emergence and development of a mass rank-and-file movement in the coalfield based around demands for a miners' minimum wage and, when this principle was won in March 1912, for an improved minimum wage. This book is of interest to academics, advanced students and lay people interested in political, social and economic history, political thought, economics, and industrial relations. -- .

Robust university-industry partnerships are vital to achieve the 17 UN Sustainable Development Goals (SDGs) and create a better world for everyone. Developing the theory and practice of the '5th Generation University', this book shows how cross-sector collaboration and innovation are crucial to maximising the societal benefits of research, education and knowledge exchange, while also driving economic growth and productivity. The authors bring extensive experience in working at the interface between academia, industry and government to demonstrate how universities can effectively combine transdisciplinary programmatic activities and strategic corporate philanthropy. They explain how long-term alliances can be forged to have a transformational impact on the greatest challenges facing our world such as climate change.

This book explores the physical and electronic integration of innovative urban public transport systems in seven metropolitan cities in South Africa and Zimbabwe in the era of the Fourth Industrial Revolution (Industry 4.0). The book also highlights how collaborative engagement can improve new transport projects in cities of the Global South. It demonstrates how integration concerns remain in transport infrastructure projects in cities of the developing countries. Consequently, in order to strengthen the emerging and promising economies of these cities, there is a need for efficient, integrated, reliable and affordable public transport systems. The book explains that plans to deliver innovative transport systems in the Global South need to be well coordinated and managed to yield physically and electronically integrated systems.

Originally published in 1985, Industrialization and Urbanization in Latin America focuses on the process of industrialisation in Latin America. The book links together the distinctive process of industrialisation to wider issues of urban and regional development in Latin America. The book looks in detail at the process of industrialisation in Latin America and the spatial ramifications in Latin American industrialisation; it argues that industrial growth and its geographical distribution is a principal cause of increasing disparities in income between regions within Latin American countries. This book will appeal to academics working in the field of urbanization and geography.

Philanthropic foundations are experiencing a crisis of professional identity. They attract considerable hopes due to an unusually high degree of independence and freedom of manoeuvre, which theoretically places them in a privileged position to find novel solutions to societies' most severe and intractable problems. However, the field is said to suffer from a pervasive lack of orientation as to how these aspirations can be realized. Compared to other professions, it can be said that there exists neither reliable knowledge nor established practices which might guide the strategy development and the daily practice of foundations. This void is frequently filled by changing fads which present easy to grasp recipes and often make bold promises of how foundations can change the world. Yet, none of them has ever met these expectations. Philanthropy in Practice shows how philanthropic organizations can effectively address this predicament. Drawing on the public philosophy of Pragmatism, it argues that, to be effective, they need to go for the solution of social problems of middle range. The book puts at center stage the crucial role of niches in terms of bounded, protected and stable social spaces which are rich in resources. They render possible the experiments required to develop effective interventions and facilitate the retention of novel solutions to social problems. The model builds upon, and is illustrated by four in-depth case studies from the UK, Germany and Switzerland. With its sharp analytical eye and substantial evidence, Philanthropy in Practice will reshape the way we think about the questions of what impact philanthropy can reasonably hope to achieve, and by which means.

This updated and expanded 1985 edition of the classic 1974 work covers deindustrialisation, industrial and competition policy, the public enterprise sector, regional and urban policy, and privatisation, as well as focussing on the firm and the industrial sector in all its facets. It remains the key work on industrial economics.

Originally published in 1972, The University and British Industry examines the lively and controversial relationship between British industry and the university. The book looks at the impact of industry on the development of British universities from the 1850s to the 1970s, and with contribution from the universities to industry through scientific research and the supply of graduate skills. The book argues that the close involvement of the universities and industry has been one of the chief beneficial forces shaping the British universities movement in the last hundred years. It gives an account of the changes which took place within the universities to make them more suitable for industries purposes, describing for example the early rise of the English civic universities, strongly financed by, and closely supporting industry. The book also considers how, during the two world wars, industry became highly reliant on the universities for the war technology, and how, despite the depression between the wars, university research and graduate employment embraced the widening opportunities of the new industries. The book also discusses the expansion of the university in the sixties and points out that industrial motives have merged with those of social justice, posing dilemmas for present and future relations between universities and industry.

The fight to control RJR Nabisco during October and November of 1988 was more than just the largest takeover in Wall Street history. Marked by brazen displays of ego not seen in American business for decades, it became the high point of a new gilded age, and its repercussions are still being felt. The ultimate story of greed and glory, Barbarians at the Gate is the gripping account of these two frenzied months, of deal makers and publicity flaks, of an old-line industrial powerhouse that became the victim of the ruthless and rapacious style of finance in the 1980s. Written with the bravado of a novel and researched with the diligence of a sweeping cultural history, here is the unforgettable story of the takeover in all its brutality.

Production workers continue to be an important group in the economy. "Two Centuries of Compensation for U.S. Production Workers in Manufacturing "is the first long-run annual series of average hourly compensation for U.S. production workers in manufacturing. Officer reviews both data sources and existing literature on related historical series as well as using current official statistics. The new series provides original insights into the standard of living of these workers.

This book, the first to address issues of reflection in the context of work, is an accessible entry point into the theory and practice of work reflection for students and practitioners. It consists of contributions from a diverse range of international authorities in the areas of management, education, organizational psychology and sociology.
While there has been previous work on reflection in educational settings and reflective practice in the context of the work of individual professionals, none of these deals with the challenges faced by reflection in organizations and in a variety of work groups. A key innovation of this book is its focus on the social collective aspects of reflection--people reflecting together in the workplace.
Crossing the boundaries of different disciplines, this book draws together different views of reflection delivering a secure grounding in academic thinking and working practice. Topical and timely, with international appeal and world-renowned contributors, this well-written text engages both students and practitioners and will be a valuable asset to those in the fields of HRM, organizational behavior and education.

How did China move so swiftly in capital-intensive industries without labor-cost or scale advantage from bit player to the largest manufacturer and exporter in the world? This book argues that subsidies contributed significantly to China's success. Industrial subsidies in key Chinese manufacturing industries may exceed thirty percent of industrial output. Economic theories have mostly portrayed subsidies as distortive, inefficiently reallocating resources according to non-market criteria. However, China's state-capitalist regime uses subsidies to promote the governments' and the Communist Party of China's interests. Rather than aberrations, subsidies help Chinese businesses and governments produce, stabilize and create common understandings of markets; the flows of capital reflect struggles between critical Chinese actors including central and provincial governments. Concepts of state capitalism including market-transition theory, the multi-organizational Chinese state, and state as paramount shareholder, create complex and relevant understandings of Chinese subsidies. The authors develop independent measures of industrial subsidies using publicly-reported data at firm and industry levels from governmental and private sources. Subsidies include free to low-cost loans, subsidies to energy (coal, electricity, natural gas, heavy oil) and to key inputs, land and technology. Four sequential studies identify the growth of subsidies to Chinese manufacturing over time and effects on world industry: steel (2000-2007), glass (2004-2008), paper (2002-2009) and auto parts (2001-2011). Subsidies to Chinese industry affect and are affected by business strategy and trade policy. Business strategies include lobbying for subsidies and for protection from subsidized foreign competitors and managing supply chains to guard against whiplash effects of uncoordinated subsidies. The subsidized solar industry highlights how global business strategies and decisions on production location and technology development respond to production or consumption subsidies and include market (competitive) and non-market (political) strategies. The book also covers government policies and regulation on subsidies broadly focusing on domestic consumption (antidumping and countervailing duties) and domestic production (indigenous innovation).

This book, first published in 1982, closely examines the Japanese investment in the industries of its puppet state Manchuria in the years 1930 to 1945. Attention is paid to industrial capital by source and type, facilitating the analysis of the relationship between the different investment components on one hand, and economic and institutional factors on the other. The course of inflation is also traced and its relationship to industrial investment studied. The Manchurian experience throws light on the volume of capital available through inflationary processes, the point up to which inflationary financing can successfully be carried, and the institutional factors necessary to make such a policy effective in increasing real investment.

First Published in 1981, Ideology and Shop-Floor Industrial Relations is based on data obtained in observational research amongst managers, shop stewards and workers, examines the informal processes by which accommodations are or are not, reached by managers and workers. Since the publication of the Donovan Report industrial relations research has increasingly moved away from studies of formal procedures and institutions and focused more on informal custom and practice. In this book, the authors develop a theory of workplace rule making, and argue that it is in negotiations over such detailed and often minor daily industrial issues that the relationship between capital and labour is worked out. This book is a must read for scholars of industrial economics and management studies.

Originally published in 1931 (this re-issues the 8th edition of 1953), this book gives students a comprehensive account of global climatic types and the impact of climate on economics, issues of race, health, meteorology and geography. Climate change is covered from earliest times up until the middle of the twentieth century. The material is supplemented with 82 black and white maps/diagrams.

Originally published in 1994 this volume includes contributions from environmental scientists, consultants and research workers. The incidence and effects of the phenomenon of acid rain in the late 1970s, 80s and early 1990s , as well as certain remedies, are discussed at length. The roles of vehicles and power stations are examined in detail and legal aspects of curbing acid rain are considered.

What is the role of competition in economic activity? How can it be understood? How can it be regulated? Competition is a buzz word in economic policy and in commerce. Yet it is given widely varying roles in different models and is viewed in very different ways by different schools. This book, published in 1991, provides a clear exposition of the major theoretical approaches to competition and an assessment of competition policy in the major economic powers.

Originally published in 1980, this book is an original approach to the study of the atmosphere at A Level and introductory undergraduate courses. A true understanding of the way the atmosphere works is only attainable on a firm basis of science and the book concentrates on this aspect in a clear and straightforward manner without introducing advanced mathematics. The book discusses the atmosphere in terms of a machine fuelled by the Sun and it deals with the energy involved in global circulations before looking at local processes and finally global patterns. With a clear recognition of the vulnerability of climate to our wellbeing on a global scale, this book remains as relevant now as when it was first published.