Contents:
Tables Figures Abbreviations Glossary of Translated Terms Acknowledgements Introduction Introduction: Market Reform and the State 1. The Chinese State from Plan to Market 2. Tianjin: the Government of a City Under Reform Case Studies in the Emergence of State Entrepreneurialism 3. The State Administration of Real Estate and its Reform 4. Market Reform and its Limits: Entrepreneurialism in Real Estate Management Departments 5. The State Administration of Commerce and its Reform 6. The Encroaching Market: Entrepreneurialism in Commerce Departments Conclusion 7. Conclusion: The Entrepreneurial State Appendices A. Methodological Notes B. Tianjin

Much has been written about the rise of the Asian economies in recent decades, and their coming economic dominance in the next century. The New Asian Emperors shows how and why overseas Chinese companies are achieving dominance in the Asia Pacific. In the wake of the Asian Currency crisis, this book takes a fresh look at the role of the overseas Chinese as they continue to create some of Asia's most wealthy and successful companies.
In particular, the authors tackle the principal difference between Western and Eastern business practices. The overseas Chinese, due to their origins and history developed a unique form of management - now they maintain it as their competitive advantage.
Although Asian governments are currently floundering, the overseas Chinese networks continue to prosper. The authors explain the following to Eastern and Western managers:
the sources and characteristics of overseas Chinese management,
how to combat the overseas Chinese,
the strengths and exploitable weaknesses of the overseas Chinese,
whether overseas Chinese management practices will spread in the same way as Japanese management did,
whether Western management technologies will find themselves outclassed.
A feature of the book are the exclusive, in-depth interviews with the New Asian
Emperors since most of them avoid the press and little is known of them.
- Develops a systematic theory of the Overseas Chinese networks and how they strategize
- Draws on interviews with CEOs of major Overseas Chinese companies, many of whom have never granted interviews before to academics

In these twelve essays, spanning fifteen years, Victoria Chick develops a distinctive view of macroeconomics (especially the economics of Keynes) and monetary theory. By careful and rigorous analysis in which nothing is taken for granted, she uncovers the implicit assumptions of economic theory and argues, in a variety of contexts, that differences of economic method and the influence of the stylised facts are decisive forces, both in the construction of theories and in appraising their contemporary relevance.

This book examines how Botswana overcame the legacies of exceptional resource deficiency, colonial neglect and a harsh physical environment to transform itself from one of the poorest nations of the world to a middle income economy with significant reductions in people's poverty. It reviews the interactions of economic, social and institutional policies and how these reinforced one another to produce the poverty outcomes that they did from the initial socio-economic conditions. In particular it illustrates how the chosen development strategies consistently tied social and economic policies to achieve, on the one hand, re-distribution, protection and reproduction and, on the other, investment in production and human capabilities. The substantive areas covered include trends in economic development strategies and outcome; social policies and strategies and their impact on poverty and productive capacity; income and wealth distribution; the role of organized interest groups in policy development; and institutional development, state capacity and politics.

This book investigates, from a Keynesian perspective, the interaction of effective demand with the wage-price spiral, the dependence of goods market outcomes on financial markets, and the impact of monetary policy on financial and real markets. These issues are discussed by way of rigorously formulated approaches that lay foundations for a theory of endogenously generated business fluctuations.
The material is presented on three levels of generality: an introductory level that motivates the theoretical approach, a research-oriented level that shows how the interaction of real with financial markets has to be modeled from an integrative Keynesian perspective, and an advanced textbook level that extends the traditional Keynesian approach to open economies. The main findings indicate that balanced growth in capitalist economies is unlikely due to changes in behavioral factors that drive the wage-price spiral and the financial markets.
This book is essential reading for advanced level macroeconomic modules and for those interested in both traditional macroeconomics and the dominant neoclassical approach of the New Keynesians.

Second revised edition which provides an assessment of the current state of the supply-side of the economy. Includes an examination of Britain's role in the EU and the implications of the social chapter, an analysis of the structure of British industry since the end of the Cold War, and an assessment of the resources available in the year 2000.

China's recent evolution is not only a story of extraordinary economic growth but also a story of great institutional change. Fan Zhang challenges traditional theory to explain the real origins of China's reform, the political and economic forces driving it, and the reasoning behind its stagnation. The institutional re-arrangement of government and market has been crucial in this marketization process. Using a wealth of documents and cases, Zhang provides a detailed analysis of China's institutional changes over the past 40 years, focusing on the government-market relationship. A theoretical framework is presented to explain the targets and incentives of government and business firms in a bureaucratic-market system, which promoted economic growth, but also fostered corruption and resulted in a re-centralisation of the system. Using an index of marketization in China since 1978, Zhang shows that overall, market expansion has continued but with diminishing marginal gains. The government control of financial resources that had previously been relaxed in the early years of reform has been enhanced to some extent as a result of the changing institutional environment. Policy makers dealing with China-related policies, researchers and postgraduate students in political science, economics and Chinese studies will find this book a compelling exploration of the current and constant cooperation and conflict between government and market.

This book represents an ongoing research agenda the aim of which is to contribute to the Keynesian paradigm in macroeconomics. A currently dominant research strategy in macroeconomics is based on the Dynamic General Equilibrium (DGE) model. Its essential features are the assumption of intertemporal optimizing behavior of economic agents, competitive markets and price mediated market clearing through flexible wages and prices. Contributions to Economic Analysis was established in 1952. The series purpose is to stimulate the international exchange of scientific information. The series includes books from all areas of macroeconomics and microeconomics.

The rebirth of competition and the extensive "exit" that has resulted are among the most important developments in Central Europe since the demise of Communism. This text examines why, how, and to what extent enterprises have reduced their size or left the market altogether during the first years of the transition from socialism to capitalism in the Czech Republic, Hungary and Poland.

Presenting an integrated view of transition based on a unified analytical framework, this text evaluates the experience of several transition economies. The author's view of transition emphasizes the connection between peculiar initial conditions and the effects of market reforms. Taking the starting point of underdeveloped markets and market institutions, he evaluates macroeconomic policies in relation to their impact on the development of markets. He stresses particularly financial markets, the "missing" market under the system of central planning and highlights fundamental trade-offs for economic policy, which can play a crucial role in determining the success of reforms. Intensity and timing of reform measures, he argues, should be adapted to different situations.

Like many countries in the world, India is mired in bureaucratic rigidities and hierarchical structures of exploitation and oppression, leading to a well-known problem of clogged pipes in the complex system of public welfare services. It is widely recognised that this clogged system requires innovative intervention, via transparent policies that are able to avoid political capture. This book reports on three overlapping pilot schemes in Madhya Pradesh and Delhi, including a special project in tribal villages, in which over 6,000 people were provided with a modest basic income paid monthly over 18 months. The project was funded by UNICEF and UNDP and implemented by SEWA (The Indian Self-Employed Women's Association). Written by Guy Standing who designed the pilot schemes and Renana Jhabvala, the head of SEWA, who implemented them, the book examines the effects of these pilot schemes at the individual, family and local economy levels. The pilots are discussed in the context of the new Food Security Act, the government's job guarantee plan, MGNREGA, and ongoing debate over the efficacy of the Public Distribution System and its ration shops disbursing rice, wheat, sugar and kerosene.The authors look at a number of alternative options for addressing rural poverty, including subsidies, targeting, selectivity and conditionality, contrasting them with the basic income model. They argue that the provision of basic incomes not only provides economic security but has many knock-on effects, allowing families to escape the debt trap, enrich food consumption and unlock constraints to schooling and healthcare. Above all it may enable individuals, including women, the disabled, the elderly and those in excluded castes or tribes, to engage more effectively in wider society.

EBES conferences have been intellectual hub for academic discussion in economics, finance, and business fields and provide network opportunities for participants to make long lasting academic cooperation. This is the 23rd volume of the Eurasian Studies in Business and Economics (EBES's official proceeding series) which includes selected papers from the 36th EBES Conference - Istanbul. The conference was organized on July 1-3, 2021 in hybrid mode with both online and in-person presentation. In the conference, 141 papers by 311 colleagues from 49 countries were presented. Both theoretical and empirical papers in this volume cover diverse areas of business, economics, and finance from many different regions. Therefore, it provides a great opportunity to colleagues, professionals, and students to catch up with the most recent studies in different fields and empirical findings on many countries and regions.

This book analyses the new strategic decisions of the European Central Bank. Contributors from different fields examine especially the sustainability strategy of the ECB: What role can the European Central Bank play in fighting climate change?  ECB President Christine Lagarde has repeatedly confirmed that the central bank wants to play a role in coping with climate change. What will this role be? What instruments does the ECB have to make a difference in challenges such as the defossilization of the economy and transport, biodiversity, the energy transition, resource consumption and other sustainability areas? Is it entitled or obliged to go beyond the classic mandate of maintaining price stability? The volume includes contributions from academics and practitioners from the financial sector, civil society and institutions involved at European level.

Defining 'social entrepreneurship' has in the past proved problematic, and debate continues concerning what it does and does not entail and encompass. This unique book frames the debates surrounding the phenomenon and argues that many of the difficulties relating to the study of social entrepreneurship are rooted in methodological issues. Highlighting these issues, the book sets out ideas and implications for researchers using alternative methodologies. Contributors expertly present practical guides for researchers, setting out appropriate strategies and methods that can be adopted to explore and understand social entrepreneurship. Chapters deal with research strategies such as storytelling, action research and the case study, as well as the methods appropriate for understanding discourse, large data sets, and networks. The book also explores some challenges for researchers, and will be of particular interest to early career researchers or researchers first approaching the field. Contributors: M. Bachmann, S. D'Alessandro, K. Kumar, A.F. McKenny, J. Ormiston, J. Ruskin, F. Salignac, R.G. Seymour, J.C. Short, C. Steyaert, M. Tasker, G. Tyge Payne, C. Webster, L. Westberg, H. Winzar

The aim of this volume is to foster more sustainable business models through financial markets. To that end, it is necessary to know the main global challenges facing financial markets and their impact on creating sustainable value in business models of enterprises in the context of sustainable adaptation. The book focuses on assessing the decision criteria adopted by financial markets in the process of transaction risk valuation, in terms of the presence of Environmental, Social, and Governance (ESG) criteria, and by assessing the impact of including these criteria in the risk assessment process by financial markets in business decisions, leading as a consequence to building new value in the form of a sustainable business model. The book presents global ESG risks facing the financial markets, and discusses how ESG risks are managed and monitored, and how financial markets can measure and operationalize extra-financial risks in its assessment process. The book also analyses ESG risk implications and influences on company behavior, and the actions that companies should take considering the ESG assessment requirements of financial markets. Finally, it provides a comprehensive, structured, and systematic view of how financial markets and companies should adapt and improve their business models. The book provides unique challenges for investors, companies, financial markets, and for our society as a whole, advancing traditional risk management approaches to address global risks.

This book argues that the shift in general equilibrium theory, from its early long-period to the modern very-short-period versions, has had very important consequences which are insufficiently appreciated by large parts of the economics profession. This shift has produced new difficulties, and has undermined central tenets of neoclassical macroeconomic theory (such as the negative dependence of aggregate investment on the interest rate, or the existence of a downward-sloping demand curve for labour) which had their basis in the long-period versions where capital was treated as a single factor. According to the author, what makes it difficult to appreciate these consequences is the current imperfect grasp of the long-period method (an approach common to classical and to the first generations of neoclassical economists, but nowadays often confused with steady-growth analysis). The origins of this problem date back to the 1930s, and to this day still obscure the history and the logic of the neoclassical approach. The book explains the analytical differences between long-period, steady-growth, and short-period general equilibrium analyses, and proves that on this basis considerable clarification can be achieved, not only in many aspects of the history of economic theory, but also in fundamental issues in the theories of value, distribution, capital, investment, employment and money. For example, the reasons for the disagreements in the 'Cambridge controversies' over capital theory become very apparent. This stimulating critique on the present state of economic theory will appeal to academics and researchers with an interest in macroeconomics, the history of economic thought, and the theory of value and distribution. It will also enlighten and inform anyone wanting to understand the reasons behind the current dissatisfaction with neoclassical economics.

We used to have this saying: "If it ain't broken, don't fix it." It was a powerful piece of wisdom. But then, the re-engineering fashion emerged and that changed everything.This book describes the behavior of the "creature" enterprise as it evolves in an increasingly complex universe. What is this elusive creature really like? Are we able to thoroughly understand its survival and reproduction mechanisms?The book offers a rather merciless analysis of the way things really work. It does so from a human perspective, as we, the people, are at the same time the perpetrators and the victims in the corporate game. The objective is not to indoctrinate or even convince, but to stimulate thought: Let's try to understand things, and then find ways to improve them, without breaking more than we already have.

This book discusses wide topics related to current issues in economic growth and development, international trade, macroeconomic and financial stability, inflation, monetary policy, banking, productivity, agriculture and food security. It is a collection of seventeen research papers selected based on their quality in terms of contemporary topic, newness in the methodology, and themes. All selected papers have followed an empirical approach to address research issues, and are segregated in five parts. Part one covers papers related to fiscal and price stability, monetary policy and economic growth. The second part contains works related to financial integration, capital market volatility and macroeconomic stability. Third part deals with issues related to international trade and economic growth. Part four covers topics related to productivity and firm performance. The final part discusses issues related to agriculture and food security. The book would be of interest to researchers, academicians as a ready reference on current issues in economics and finance.

Treating the market economy as a complex adaptive system offers a better explanation of how it works than does the mechanical analogy of neoclassical equilibrium theory. The nonlinear interactions of millions of individual human beings, coupled with the influence of chance, result in the emergence of markets. Other regularities emerge in the patterns of economic growth, business cycles and in spatial location of economic activity. The approach is shown to be congruent with Classical and Austrian theories and provides an opportunity for a unified social science.

Geoff Harcourt has made substantial and wide-ranging contributions to economics in general and Post-Keynesian economics in particular. In these volumes more than 80 of the world's leading economists pay tribute to, and critically evaluate, his work.
"Markets, " "Unemployment and Economic Policy" addresses: the methodological foundations of economic analysis; the theoretical and empirical studies of alternative economic systems; and specific issues in economic policy including privatization and unemployment. Contributors include: Tony Atkinson, Tony Lawson, Edward Nell and Ian Steedman.

This volume examines current and previous environmental policies, and suggests alternative strategies for the future. Addressing resource depletion and climate change are pressing priorities for modern economies. Planning energy infrastructure projects is complicated by uncertainty, as such clear government policies have a crucial role to play.

Miwa is one of the leading young Japanese scholars debunking the myths - all too common in the west but eagerly promoted in Japan also - about the distinctive Japanese way. He soberly examines the roles of government and banks, firms and networks, workers and managers. The result is a fine analysis of how where and why the Japanese economic system fundamentally resembles that in the west, with a clear explanation of the few areas where it significantly differs.' - Leslie Hannah, London School of Economics and Political Science; Professor Miwa has earned quite a name for himself in Japan for his brilliant but biting iconoclastic views. Now, Western readers will learn what the fuss has been about. Self-styled authorities on the Japanese economy will squirm, for Miwa takes no prisoners; his logic is relentless, merciless and - inevitably - right.' - J.Mark Ramseyer, the University of Chicago Law School; This is a monumental work, demystifying the Japanese economy and contesting the conventional view that Japan is different'. In doing so, Professor Miwa paves the way for a new era of comparative study.' - Kazuo Koike, Hosei University, Tokyo; Professor Miwa, no longer an enfant terri

Alfred Marshall was undoubtedly the doyen of British economics for three and a half decades, commencing in 1890, the year his "Principles of Economics" was first published. This succinct overview of Marshall's life and work as an economist sets his major economic contributions in perspective, by looking at his education, his travel, his teaching at Cambridge, Oxford and Bristol, his policy views as presented to government inquiries and his political and social opinions.

A Textbook on Macroeconomic Knowledge and Analysis