This study examines the process of capital accumulation at the level of the business firm, linking it to the macro-level of the world-economy as explicated by Hopkins and Wallerstein. Focusing upon the timber industry in the nineteenth century, and using primary archival material, the work analyzes how capital operates in the resource sector in the world-economy. The purpose is to refine further our understanding of capitalism as a mode of social organization and production, and in the process, refine contemporary theories of social change. In terms of coverage, the book addresses the timber industry over the course of the nineteenth century and provides an historical reconstruction of that industry. Its primary focus, however, is on the main features of timber and lumber production as a process of capital accumulation. The study will be of interest to scholars of social change and economic transformation, economic history, and political sociology.

The global food system is the largest segment of the world's economy. As agribusiness-studies pioneer Ray Goldberg suggests, it is also the largest health system on the planet. And it is changing fast. Its size and importance to human, environmental, and economic health means that no system is viewed with as much suspicion by so many people around the globe. Changing societal expectations and scientific and medical advances have made the drivers of the food system-the world's food citizens-realize they must take more responsibility for society's nutritional needs, economic development, and the health of the environment. Goldberg argues that the traditionally commodity-oriented, bargaining relationship between segments of the food system has become win-win, collaborative, and characterized by public and private partnerships. Those who are responding to society's needs are succeeding; those who are not are losing out. The food system's greatest growth area is the developing world, where millions of small-scale producers, workers, and impoverished consumers need help to become part of the commercial food system. In this book, Ray Goldberg interviews the change makers of today's food system: leaders and constructive critics in government, private industry, nonprofits, and academia who provide a panoramic and in-depth look at a revolution in progress.

This book presents selected papers from the 30th Eurasia Business and Economics Society (EBES) Conferences, held in Kuala Lumpur (Malaysia). The theoretical and empirical papers gathered here cover diverse areas of business, economics and finance in various geographic regions, including not only topics from HR, management, finance, marketing but also contributions on public economics, political economy and regional studies.

This path-breaking book considers the recent trend for governments to look increasingly to private sector finance, provided by private enterprises constructing and managing public infrastructure facilities in partnership with government bodies. One outstanding feature of the book is that it brings together an academic assessment of this phenomenon with practitioner-based experience of organizing partnerships and advising government bodies in Australia, Canada, Continental Europe, Hong Kong and the UK. While the volume, as a whole, draws on this extensive experience of the market, there are also a number of specific case studies. Developments in the major advanced countries are covered, along with the potential for public private partnerships in developing countries and transition economies. Combining practitioner knowledge and academic perspective and integrating engineering, economics and finance literature, Public Private Partnerships will be of great interest to economists, engineers, investment banks and government bodies.

This book places knowledge, learning and innovation at the heart of cross-sector collaborations. Collaboration for innovation is a topic that has attracted widespread interest from academics, business strategists and government officials. To date the collaborations have focused on the performance management process and more specifically on how to encourage collaboration. However, businesses across the world are realizing that for cross-sector collaboration to be successful, it is necessary for firms to share knowledge and innovation through a process of learning. The book contributes to this by providing fresh insights into ways to stimulate cross-sector collaboration. It presents diverse methods and approaches to unify the dimensions of knowledge, learning and innovation and discusses how collaboration can be created, sustained, and expanded.

Over the next eight years, however, there was a dramatic improvement in its performance. From a cash surplus before dividend of Rs 1,071 crores in 2000, it achieved an estimated Rs 25,000 crores (or around Rs 13,000 crores after accounting for all expenditures, receipts and depreciation) in 2008. Alongside came a dynamic and differential tariff policy, and technical changes that led to an enhanced carrying capacity. How all this was accomplished is the focus of this riveting study of change and innovation in the Indian Railways. Based on an extensive examination of internal documents of the Railways and in-depth interviews with key people involved in the change process, authors V. Nilakant and S. Ramnarayan identify four distinctive features associated with the organization's renewal between 2004 and 2008. The change leveraged the strengths of the organization, instead of being preoccupied with its weaknesses. The aim was to change mindsets about costs, revenues, investment and business models. The momentum of the change process was sustained by fostering positive emotions. Changes were persistently and patiently seen to completion by focusing on results. Confronting several myths about organizational change, the book offers powerful lessons for managers and administrators grappling with the challenges of generating innovation and improving performance radically in a changing world.

Vogel views health care within the context of total Sub-Saharan economic systems, emphasizing the output of health-care programs (i.e., healthier people) and the most cost-effective ways to maximize that output. He recommends shifting public financing resources from the hospital sector to primary and preventive care, in order to reposition financial resources away from the colonial and post-colonial period of concentration upon cost-ineffective hospitals and toward the direction emphasized by the World Health Organization.

The eight years of the Reagan administration have left an indelible imprint on U.S. economic policy. Although the term Reaganomics is employed by both the general public and academic economists, there is still no consensus as to what the overall impact of Reaganomics has been for the country. This work, a wide-ranging collection of essays and commentaries, analyzes the empirical evidence that comprises the Reagan economic legacy. By detailing that legacy's successes, such as low unemployment and economic growth, and its negative effects, including unprecedented deficits and regulatory chaos, the editors provide some tentative conclusions as to whether the Reagan years produced an economic miracle or paved the way for economic disaster.

The volume concentrates on the first level of economic impacts, covering the issues of supply-side economics, the regulatory environment, monetary policy, and foreign trade. Under each topic, groups of essays and commentaries present alternative interpretations of the Reagan legacy. Tax policy and business fixed investment, the effects of supply-side policies on labor supply, tax reform and deregulation are addressed in the supply-side section; interest rates and monetary policy objectives and realizations comprise the monetary policy section; and trade policy, trade deficit, and exchange rates are discussed in the international trade section. A final essay offers an alternate view of the Reagan legacy that attempts to synthesize the divergent theories. This work will be an important new resource for courses in economics and political science, as well as a worthy addition to college, university, and public libraries.

This book presents selected papers from the 32nd Eurasia Business and Economics Society (EBES) Conference - Istanbul. Due to the COVID-19 restrictions, the conference presentation mode has been switched to "online/virtual presentation only". The theoretical and empirical papers gathered here cover diverse areas of business, economics and finance in various geographic regions, including not only topics from HR, management, finance, marketing but also contributions on public economics, political economy and regional studies.

The increasing importance attached to the economic and social cohesion of the European Union since the 1980s, and the role of competition policy in achieving this objective, has special significance for the control of regional aids, given the general ban on State aid. Regional aids are considered to have the potential to contribute to economic and social cohesion and to undermine its attainment. The notion of competition policy as an instrument of economic and social cohesion has become a standard part of Commission rhetoric in defence of its actions. This book is concerned with the influence of EU competition policy on the regional policies of the Member States. It focuses on how the European Commission has interpreted the derogations from the State aid ban to enable the conduct of regional aid policies. The book takes both a historical perspective, tracing the evolution of policy, and a thematic one, examining in particular the relationship between EU competition and cohesion policies and the treatment of aid to very large projects. The author clearly demonstrates that, in reality, the competition policy control of regional aids is of much longer standing than the community's explicit regional aid policy and, in many respects, of arguably greater influence. She shows how competition policy has for almost thirty years shaped the design, scope and implementation of national regional aid policies; in no EU country has regional policy been unaffected by Commission intervention in the name of competition policy. Moreover, the policy principles developed for the EU now apply extraterritorially to members of the European Economic Area and to the current applicant countries. The study'soverall perspective is policy-oriented. It considers both the impact of Commission intervention in the past and the implications of policy for the future, especially in the context of enlargement and a wider Europe. It will be an invaluable resource for all policymakers and practitioners active in the fields of economic development, regional policy and State aid law at European, national and subnational levels.

Business is the religion of the contemporary world. We now live in a business culture, in which business plays the major role in determining how we encounter and interpret the world around us. So argues John Deeks in a provocative book that highlights the influence of business on culture and traces the increasingly dominant role that business has played in shaping social and cultural experience. The book's general thesis is that the focus of business activity has broadened to encompass not only the traditional exploitation of resources and the manufacture of artifacts, but also the exploitation and manufacture of language, images, symbols and consciousness--- the very substance of the idea of culture. It argues that in the contemporary world, the dividing line between commerce and culture is becoming increasingly blurred and that business practices and values now dominate the material, intellectual and spiritual life of the community.

The book is structured around the idea of an extended business culture. This provides the focal points for an analysis of cultural developments related to the activities and values of the world of business. These focal points are: the development of the market economy; the control of technology; the manipulation of language, images and symbols; the shaping of consciousness; and the transmission of ideology. The book's general thesis is illustrated by an eclectic and entertaining range of material drawn from economics, sociology, psychology, anthropology, history, art, biography, literature, film, theater, television, technology, and computer science--- material drawn together by the common thread of business. By utilizing literary, dramatic and visual texts together with material on entrepreneurship and business management, the author looks at the world of business imaginatively as well as analytically--- an approach that reinforces his ideas about the relationship among business, society and culture. The book will be of particular value to those with an interest in business and social and cultural issues, and to business teachers and students. It will provide ideal supplemental reading for courses on Business and Society.

In this book, the focus in on how developing economies in Southeast Asia ride on the wave of globalization that brings about benefits and economic growth with expanding trade and investment linkages. The central concept used in this study is production networks and industrial clusters. With examples from Indonesia and Malaysia (electronics industry), Singapore (biomedical science industry), and Thailand (automotive industry), the book explains how the production networks and industrial clusters have played crucial roles in their industrial development.

BEST OF THE 2022 RUSA Book & Media AWARDS One of Biblioracle's 8 favorite nonfiction books of 2021 in the Chicago Tribune The New York Post's BEST BOOKS OF 2021 USA Today's 5 BOOKS NOT TO MISS Alexander nimbly and grippingly translates the byzantine world of American health care into a real-life narrative with people you come to care about. --New York Times Takes readers into the world of the American medical industry in a way no book has done before. --Fortune By following the struggle for survival of one small-town hospital, and the patients who walk, or are carried, through its doors, The Hospital takes readers into the world of the American medical industry in a way no book has done before. Americans are dying sooner, and living in poorer health. Alexander argues that no plan will solve America's health crisis until the deeper causes of that crisis are addressed. Bryan, Ohio's hospital, is losing money, making it vulnerable to big health systems seeking domination and Phil Ennen, CEO, has been fighting to preserve its independence. Meanwhile, Bryan, a town of 8,500 people in Ohio's northwest corner, is still trying to recover from the Great Recession. As local leaders struggle to address the town's problems, and the hospital fights for its life amid a rapidly consolidating medical and hospital industry, a 39-year-old diabetic literally fights for his limbs, and a 55-year-old contractor lies dying in the emergency room. With these and other stories, Alexander strips away the wonkiness of policy to reveal Americans' struggle for health against a powerful system that's stacked against them, but yet so fragile it blows apart when the pandemic hits. Culminating with COVID-19, this book offers a blueprint for how we created the crisis we're in.

This volume examines the role that the service economy can play in those third world countries lacking in traditional manufacturing industries. Analyzing service industries in third world economies, the author has put together the first work on this important world-wide economic trend. Professionals and academics in the fields of economics--political, developmental, labor, industrial and third world--will gain an understanding of how services provide developmental opportunities in third world host nations, and at the same time link those nations more closely to the international economy.

As the rural township, village and private enterprises are becoming more significant in the Chinese economy, this text focuses on the comparison of the rural (non-state) and state firms in terms of performance. The analysis is based on the empirical results from estimating various production functions applied to cross-section and panel data. Both aggregate and firm-specific efficiencies are examined in the case studies, exploring potential sources of efficiency differentials such as ownership, scale, factor intensity, location and economic reforms. Special attention is also paid to the regional comparison of industrial development and performance. The implications of the findings in the book for economic and reform policy are thus highlighted.

One result of the Asian economic crisis has been to shatter the belief that Asian ways of management are superior to Western ways. Now, just to survive, Asian firms have come to rethink their entire way of managing, and in his latest book, Richter, assisted by his contributing authors, gives a sharply focused analysis of how they are doing it. Emerging questions are how do Asian firms adjust to the new economic realities? and How do they develop their management style?

There are plenty of new opportunities in Asia to play the new game, but they must be grasped and productively channeled. Richter and his contributors conclude that in the end, the Asian economic crisis, or catharsis, may well be a blessing in disguise. It provides an opportunity to completely review the way things stand in Asia. Like entrepreneurs who built the Asian economies, today's firms have the opportunity to lead a revival if they can redirect their businesses. This is an important resource for professionals in all multinational organizations and for academics and their upper-level students of international business.

With increased economic competition among industrial countries, the need for rapid economic development in less developed countries, and the collapse of centrally planned regimes in Eastern Europe, concern for economic policies has moved to the forefront of most nations' agendas. This reference handbook offers and overview of economic policies in the world's most important countries and regions, examining the different mix of methods and tools these governments use to achieve their economic goals. The aim of the volume is to identify and compare the various policies and instruments used by the different countries, as well as the results that have been obtained. The work begins with a brief introduction to national economic policies, written by editor Dominick Salvatore. Separate chapters then focus on each of the major countries--the United States, Japan, India, the Soviet Union, and China--and on several homogeneous groupings of countries, such as the European Economic Community, Latin America, Africa, and Eastern Europe. Economic policies of the past decade and the important changes that have taken place in that period are explained--as well as prospects for the future. Among the major issues discussed are fiscal policies, monetary policies, industrial policies, trade and exchange rate policies, and environmental policies. By considering these various approaches from country to country and by examining the instruments utilized and the outcomes adopted, the book presents a unique comparative study of economic systems. This work will be especially useful to professional economists and policy makers, as well as to students in international economics.

In the aftermath of the stock market crash, Irving Fisher pointed to the electrification of the U.S. industry as one of the underlying causes of the stock market boom. Earlier, in 1927, Brookings Institution economists had lamented the scant attention energy had received from economists. Today, some 60 years later, power remains the forgotten factor input. In this book, the author incorporates energy into the corpus of economic analysis. Unlike previous attempts, which were mostly theoretical, this work generates testable predictions. The result is a model of production based on the two universal factor inputs--broadly defined energy and broadly defined organization.

Once the model of production is developed, the book then tests an empirical model with data from U.S., German, and Japanese manufacturing. The results are used to reexamine the role of energy in productivity slowdown. When the empirically and theoretically correct model of production is used, the Solow residual disappears: growth in manufacturing value added is fully accounted for by growth in energy, capital, and labor.

This encompassing study traces the issues of international cartels from the early days of World War II through the occupation of Germany and Japan. It focuses attention on the Justice Department's Economic Warfare Section as it utilized its resources in uncovering economic and strategic information that could be used in the war effort, such as the selection of economic bottlenecks for bombing. Maddox examines how cartels such as I. G. Farben, Carl Zeiss, the Steel Cartel and others worked to harm U.S. strategic interests, and he details how cartel agreements allowed the Japanese to acquire critical technologies and strategic materials. Using newly released Justice Department records, this thorough investigation of decartelization captures the debate over implementation of the policy issues.

These exposures by both the Justice Department and the Kilgore Committee ultimately helped stimulate debate over the economic treatment of enemy nations in the postwar period. Despite an Allied decision in Potsdam to apply decartelization and deconcentration policies to Germany and Japan, the decartelization policy ran into difficulty in Germany with blatant attempts by the American Military Government to subvert it. Events in Japan followed a similar path. After first taking on the zaibatsu and other cartel-like business practices, policy would be reversed.

Black business activity has been sustained in America for almost four centuries. From the marketing and trading activities of African slaves in Colonial America to the rise of 20th-century black corporate America, African American participation in self-employed economic activities has been a persistent theme in the black experience. Yet, unlike other topics in African American history, the study of black business has been limited. General reference sources on the black experience--with their emphasis on social, cultural, and political life--provide little information on topics related to the history of black business. This invaluable encyclopedia is the only reference source providing information on the broad range of topics that illuminate black business history.

Providing readily accessible information on the black business experience, the encyclopedia provides an overview of black business activities, and underscores the existence of a historic tradition of black American business participation. Entries range from biographies of black business people to overview surveys of business activities from the 1600s to the 1990s, including slave and free black business activities and the Black Wallstreet to coverage of black women's business activities, and discussions of such African American specific industries as catering, funeral enterprises, insurance, and hair care and cosmetic products. Also, there are entries on blacks in the automotive parts industry, black investment banks, black companies listed on the stock market, blacks and corporate America, civil rights and black business, and black athletes and business activities.