Avoiding prejudice will be critical to economic success in the fourth industrial revolution. It is not the new and innovative technology that will matter in the next decade, but what we do with it. Using technology properly, with diverse decision making, is the difference between success and failure in a changing world. This will require putting the right person in the right job at the right time. Prejudice stops that happening. Profit and Prejudice takes us through the relationship between economic success and prejudice in labour markets. It starts with the major changes that occur in periods of economic upheaval. These changes tend to be unpopular and complex - and complexity encourages people to turn to the simplistic arguments of 'scapegoat economics' and prejudice. Some of the changes of the fourth industrial revolution will help fight prejudice, but some will make it far worse. The more prejudice there is, the harder it will be for companies and countries to profit from the changes ahead. Profit is not the main argument against prejudice, but can certainly help fight it. This book tells a story of the damage that prejudice can do. Using economics without jargon, students, investors and the public will be able to follow the narrative and see how prejudice can be opposed. Prejudice is bad for business and the economy. Profit and Prejudice explains why.

As the dust settles on nearly three decades of economic reform in Latin America, one of the most fundamental economic policy areas has changed far less than expected: labor regulation. To date, Latin America's labor laws remain both rigidly protective and remarkably diverse. "Continuity Despite Change" develops a new theoretical framework for understanding labor laws and their change through time, beginning by conceptualizing labor laws as comprehensive systems or "regimes." In this context, Matthew Carnes demonstrates that the reform measures introduced in the 1980s and 1990s have only marginally modified the labor laws from decades earlier. To explain this continuity, he argues that labor law development is constrained by long-term economic conditions and labor market institutions. He points specifically to two key factors--the distribution of worker skill levels and the organizational capacity of workers.
Carnes presents cross-national statistical evidence from the eighteen major Latin American economies to show that the theory holds for the decades from the 1980s to the 2000s, a period in which many countries grappled with proposed changes to their labor laws. He then offers theoretically grounded narratives to explain the different labor law configurations and reform paths of Chile, Peru, and Argentina. His findings push for a rethinking of the impact of globalization on labor regulation, as economic and political institutions governing labor have proven to be more resilient than earlier studies have suggested.

This book is open access under a CC BY 4.0 license. This text offers a comprehensive and nuanced view of the economic development of Spain since 1850. It provides a new set of historical GDP estimates for Spain from the demand and supply sides, and presents a reconstruction of production and expenditure series for the century prior to the introduction of modern national accounts. The author splices available national accounts sets over the period 1958-2015 through interpolation, as an alternative to conventional retropolation. The resulting national accounts series are linked to the historical estimates providing yearly series for GDP and its components since 1850. On the basis of new population estimates, the author derives GDP per head, decomposed into labour productivity and the amount of work per person, and placed into international perspective. With theoretical reasoning and historiographical implications, Prados de la Escosura provides a useful methodological reference work for anyone interested in national accounting. Open Access has been made possible thanks to Fundacion Rafael del Pino's generous support. You can find the full dataset here: http://espacioinvestiga.org/bbdd-chne/?lang=en 'This book stands among the classics for the Kuznetian paradigm in empirical economics. This is the definitive study of Spain's transition to a modern economy.' -Patrick Karl O'Brien, Emeritus Fellow at St. Antony's College, the University of Oxford, UK, and Professor Emeritus of Global Economic History at the London School of Economics and Political Science, UK 'The definitive account of Spanish economic growth since 1850, based firmly on a magisterial reconstruction of that country's national accounts and an unrivalled knowledge of both Spanish and global economic history of the period.' -Stephen Broadberry, Professor of Economic History at Nuffield College, the University of Oxford, UK

First Published in 2002. Routledge is an imprint of Taylor & Francis, an informa company.

Originally published in 1994 this book examines problems related to investment planning, capacity additions, and choice of technology in dynamic manufacturing systems characterized by multiple products, dynamic demand growth, uncertainty in demand and availability of alternative technologies. A model-based methodology is developed that focuses on trade-offs between flexible and conventional technology. The research conducted for this book is directed to the development of tools to support investment decisions in production capacity over medium and long-term planning horizons.

What factors affect the ways individuals participate in labor markets?

"New Developments and Research on Labor Markets" (volume 4B) proposes answers to this and other questions on important topics of public policy. Leading labor economists demonstrate how better data and advanced experiments help them apply economic theory, yielding sharper analyses and conclusions. The combinations of these improved empirical findings with new models enable the authors of these chapters to reveal how labor economists are developing new and innovative ways to measure key parameters and test important hypotheses.

Concentrates on empirical research in specific labor markets, including those defined by age, gender, and race
Reveals how questions and answers about these markets have changed and how models measure them
Documents how conceptual models and empirical work explain important practical issues

Emerging in the throes of a global pandemic that threatens Europe's economies and food security, International Labour Migration to Europe's Rural Regions combines a diverse range of empirically rich, in-depth case studies, analysis of their rural context specificities, and insights from labour market and migration theories, to critically examine the conditions and implications of rural labour migration. Despite its growing political, economic and social importance, our understanding of international labour migration to Europe's rural regions remains limited. This edited volume provides intricate descriptions of lived experience, critical theoretical analyses, analytical synthesis, and policy recommendations for this novel and developing phenomenon that has the potential to transform the lives of international migrants and local communities. The book's 25 authors represent a wide range of social science disciplines, with coverage of a vast range of Europe's rural regions, and diverse types of rural labour in areas such as horticulture, shepherding, wild berry picking and fish processing. The volume will be of interest to policy makers at local, regional, national and European levels, and scholars and students in a broad range of areas, including migration, labour markets, and rural studies. This book is available for free in PDF format as Open Access from the individual product page at www.routledge.com.

While the European Union has been hailed as a major political success in the last five decades, it continues to face numerous economic and social concerns. With enlargements and changing international environments the Union is confronted with new challenges. Problems have arisen from new global economic developments, such as outsourcing of productive activities and the international macroeconomic imbalances. These issues include unemployment problems, slow growth performance of many EU countries, the formulation of appropriate macroeconomic policies, policies towards enlargement of the Union to institutional design and structural policies for the EU.
The fourteen articles in this book are divided into three parts. The first part is devoted to labour market issues covering reforms from welfare systems to pay-setting and longer working hours. The second part considers European macroeconomic issues including the fiscal policy framework for the EU, growth performance of EU-15 economies and global imbalances and their effects on Europe. The third part of the book is focused at institutional issues, including the subsidiary principle, European education systems, coming problems in European pension systems, and the functioning of the financial system and competition policy in Europe. Written jointly by a group of well-known independent economic experts, this book offers an in-depth economic analysis that aims to discuss and suggest effective solutions to current concerns in European policy.

When Poland and Ukraine introduced their political, social and economic system reforms at the beginning of the 1990s, both economies were at a similar level of economic development (GDP $9,500 per capita). However, in 2018, Ukrainian GDP per capita had remained at the same levels since 1991, while in Poland, it had increased significantly, to more than $27,000 per capita. This book assesses the reasons for the growing gap between the level of economic development in Ukraine and Poland. It examines the course of events and evaluates the effectiveness of the system transformations, both in the context of the economy, as a whole, and in individual regions (Polish 'voivodeships' (provinces) and Ukrainian 'oblasts'). It also analyzes the consequences of the 2008-2009 Ukrainian-Russian gas conflict and 2013-2014 Euromaidan events for the Ukrainian economy. Additionally, the authors offer an insight into the migration movements, which have recently been observed in Poland and Ukraine. This is the first comprehensive, comparative analysis concerning the spatial diversification of economic development in these two countries, and the authors highlight the ways in which these reforms have proved effective in Poland and hardly effective in Ukraine. This analysis helps to identify the basic interrelations between the core macroeconomic variables at the regional level and the impact of political events from both a national and regional perspective. The book will appeal to academics, researchers and policy makers interested in the economic and political changes in these two countries, in a comparative setting and on national and regional levels, as well as those working on issues of EU integration.

Labour migration has become one of the hot topics in Europe, especially since 2000 with the shift from restriction to managed migration. This book provides an authoritative account of policy change over labour migration in Europe during this new era of governance. It has important implications for debates about the contemporary governance of labour migration in Europe, and questions about the impact of an emergent EU migration regime in the context of a globalising labour market. The key findings offer a deeper understanding of the linkages between those engaged in policymaking and the kinds of communities that produce usable knowledge. It will therefore be essential reading for academics, practitioners and students of migration and national policy processes in the EU. It will be an invaluable resource for individuals and organisations active in the immigration policy community, including policymakers themselves, but also the wider network of NGOs, think tanks and interest groups. -- .

Originally published in 1982 Diversity and Decomposition in the Labour Market, is an edited collection addressing the contemporary sociology of the labour market. The collection focuses on the categorisation of the diverse dualities that might be thought to characterise certain labour markets. The collection addresses many economic sectors, and there is a distinct focus on labour market analyses developed within neo-classical and radical economics in the USA. The analyses maintain that the labour market is in some sense dualistic.

This topical and timely analysis of late career and retirement within nine European societies and the USA examines how social inequality structures have developed in an era of globalization and aging populations. For several decades, many European societies relied on pushing and luring older workers out of employment by using generous early retirement programs in order to relieve national labor markets in times of globalization. However, as this book argues, one of the major challenges facing European and Northern American societies today is their severe demographic aging, which in turn places pension systems under substantial pressure due to the rising imbalance between those claiming pensions and those contributing to the pension system. Indeed, it is observed herein that in the recent past, governments have tried to increase the labor market attachment of older employees by retrenching early retirement benefits. This study investigates how these developments have impacted on the situation of older workers and retirees in nine European societies and the USA. In particular, the book looks at how social inequalities in later life have developed in the light of recent pension reforms. This informative book will appeal to sociologists, demographers, political scientists and economists interested in many different aspects of research including: international comparative research, globalization, labor market, welfare state, social inequality and research on aging. Researchers in the field of retirement and globalization studies will also find this book helpful, as will academics in labor market research and comparative political studies.

This study investigates Indian working women's sense of the discourses surrounding work and careers. In interviews conducted with seventy-seven women across socioeconomic statuses, castes, classes, and occupational and generational categories in the city of Pune, India, women express how feeling bound by tradition confronts excitement about ongoing changes in the country. The work lives of these women are influenced symbiotically by India's sociocultural practices and the contemporary phenomenon of globalization. Using feminist standpoint theory as a theoretical lens, Suchitra Shenoy-Packer explores how women deconstruct, coconstruct, and reconstruct systems of knowledge about their worlds of work as embedded within and influenced by the intersections of society, socialization, and individual agency. The meanings that Indian women associate with their work as well as their definition of a career in twenty-first-century India will be of interest to students and scholars of feminist theory, women's studies, globalization, Asian studies, and labor studies.

Over the last 70 years, Korea has experienced a rapid and remarkable transformation from a devastatingly poor nation to one of the world's leading advanced economies, achieving both sustained economic growth and a successful democracy. This pioneering work focuses on the key role of sustained investment in human capital behind Korea's phenomenal success. Human Capital and Development analyzes the importance of balancing diverse aspects of the educational system at different stages of development. The need to balance general and vocational education, top-down and bottom-up reform, as well as qualitative and quantitative expansion are highlighted. Adapting Korea's development experience to general principles shows that rather than seeking universal strategies and rules, the key to successful transformation is the provision of educational systems that can evolve over time depending on socio-economic and technological conditions for both developing and advanced countries. For researchers and students of economic development, education, and Asian development, this book is an excellent tool to discover possible ways for developing countries to initiate and accelerate their paths of economic growth and development. This book also provides a useful reference for policy makers of advanced as well as developing countries in designing their education systems and policies.

In all Western societies women earn lower wages on average than men. The gender wage gap has existed for many years, although there have been some important changes over time. This volume of collected papers contains extensive research on progress made by women in the labor market, and the characteristics and causes of remaining gender inequalities. It also covers other dimensions of inequality and their interplay with gender, such as family formation, wellbeing, race, and immigrant status. The author was awarded the 2010 IZA Prize in Labor Economics for this research. Part I comprises an Introduction by the Editors. Part II probes and quantifies the explanations for the gender wage gap, including differential choices made in the labor market by men and women as well as labor market discrimination and employment segregation. It also delineates how the gender wage gap has decreased over time in the United States and suggests explanations for this narrowing of the gap and the more recent slowdown in wage convergence. Part III considers international differences in the gender wage gap and wage inequality and the relationship between the two. Part IV considers a variety of indicators of gender inequality and how they have changed over time in the United States, painting a picture of significant gains in women's relative status across a number of dimensions. It also considers the trends in female labor supply and what they indicate about changing gender roles in the United States and considers a successful intervention designed to increase the relative success of academic women. Part V focuses on inequality by race and immigrant status. It considers not only race difference in wages and the differential progress made by African-American women and men in reducing the race wage gap, but also race differences in wealth which are considerably larger than differences in wages. It also examines immigrant-native differences in the use of transfer payments, and the impact of gender roles in immigrant source countries on immigrant women's labor market assimilation in the U.S. labor market.

According to public opinion data over the past decade, most Americans hold center-left attitudes regarding key economic and social policy issues. Recent polls even show significant support of socialism among American adults, especially self-identified Democrats and the millennial generation. At the same time, the focus of the mass media has been on a widespread right-wing populism, while movements on the left seem to lack political clout. In order to better understand this dichotomy, this book explores relations between organized labor and left-wing parties and movements in America at crucial junctures from the 1870s to the present. Providing fresh insight into current political developments, it highlights emerging alternatives and major challenges facing labor and the left today.

Contesting Inequality and Worker Mobilisation: Australia 1851-1880 provides a new perspective on how and why workers organise, and what shapes that organisation. The author's 2018 Origins of Worker Mobilisation examined the beginning of worker organisation, arguing inequality at work, and regulatory subordination of labour, drove worker resistance, initially by informal organization that slowly transitioned to formal organisation. This new volume analyses worker mobilisation in the period 1851-1880, drawing data from a unique relational database recording every instance of organisation. It assesses not only the types of organization formed, but also the issues and objectives upon which mobilisation was founded. It examines the relationship between formal and informal organisation, including their respective influences in reshaping working conditions and the life-circumstances of working communities. It relates the examination of worker mobilisation to both historical and contemporary contexts and examines mobilisation by different categories of labour. The book identifies important effects of mobilisation on economic inequality, hours of work (including the eight-hour day and the beginnings of the weekend) and the development of democracy. It will be of interest to researchers, academics, and students in the fields of social mobilisation, social and economic history, industrial relations, labour regulation, labour history, and employment relations.

The so-called 'Spanish miracle', beginning in the mid-1990s, eventually became a nightmare for the majority of the population, culminating in the present-day economic and political crisis. This book explores the main features of the Spanish political-economic model during both the growth and crisis periods. Analyzing the causes and consequences of the continuing economic crisis in Spain, this book delves into five analytical axes: the evolution of the growth model; the role of Spain in the international division of labor; the financial sector and its influence on the rest of the economy; changes in the labor market; and the distributional consequences of both the expansive phase and the later crisis. Furthermore, contributors examine the formation of a triangle of actors (the government sector, building sector, and financial capital) that shaped the Spanish growth model, together with the effects of Spain's membership in the Economic and Monetary Union. Also considering ecological problems, gender issues, and the immigration question, this book challenges the alleged recovery of living conditions during recent years, as well as the explanation of the crisis as the result of irrational behaviors or the greedy nature of certain actors. The Political Economy of Contemporary Spain provides a coherent explanation of the Spanish economic crisis based on a pluralistic approach, while proposing several measures that could contribute to a transformation of Spain's economic and social models.

Originally published in 2004. Growth, income distribution, and labour markets are issues of pivotal importance in the Latin American context. Examining unique theoretical issues and the empirical evidence, this book provides a critical analysis of the key elements of income distribution determinants, labour market functions, trade policies, and their interrelations. As the advance of globalization becomes seemingly unstoppable, this book provides an important reappraisal of the impact of this new phenomenon, and in particular, the pernicious impact it may have on income growth and distribution. The key objective of the volume is to integrate more fully the analysis of trade and labour market economists, in order to better understand the labour market and income distribution implications of globalization and international integration. Forty years after the early calls to appropriately investigate the micro foundations of macroeconomics, the separation of the two at the policy level is more damaging than ever before - particularly for developing regions; this volume therefore makes an important contribution at the theoretical and policy levels by bringing together macroeconomic and microeconomic analyses.

This book investigates how global value chain governance, public institutions and strategies in the area of industrial policy and industrial relations by stakeholders such as national or global trade unions, governments, companies or international NGOs shape upgrading in the Global South. A special feature is its interdisciplinarity, combining sociological, economic, legal and political dimensions. Case studies systematically compare different industry trajectories. Furthermore, it encompasses far-reaching insights into the role of global value chains for development, economic catching-up of countries and socio-political aspects such as working conditions and interest representation.

First published in 1990. This edited work brings together a collection of studies, by an international team of contributors, on inter-urban migration, which is largely dominated by labour migration. The structure of the book reflects the interaction of the supply and demand of labour and the information flows that make this possible. The book offers a multi-dimensional analysis of labour migration, including behavioural, economic and institutional approaches. It combines various scales of analysis, including the national scale, the occupational scale and the household scale. The study also examines labour migration in a variety of national contexts. It will be of particular value to professional geographers, economists and sociologists with an interest in the distribution of population and the labour force, planners with responsibility for the development of policy and some final year graduate students.

First published in 1990. Patterns of Labour explores the interaction between home, paid work, and the individual. It looks at how the social relations of work both shape and are shaped by the context in which they occur. In a detailed examination of the pottery industries of Britain and America over two centuries, Richard Whipp looks at the far-reaching effects of key issues, such as industrialisation and economic transformation. However, he also examines changing notions of gender, the family, community and unionisation. The book centres on the difficulties of organising, controlling and describing work - not least because of the human act of its making.

First published in 1991. The connection between housing and work is one of the most discussed yet least understood aspects of modern society. Housing and Labour Markets explores the different ways in which housing and labour are linked and examines their central significance in many of the key changes in society today. It provides a wide-ranging analysis of the relationships between housing and labour markets, with accounts of the different forms of work, paid and unpaid, in which various types of households are engaged. This edited collection addresses the varied impact of restructuring in both housing and labour markets in different localities and regions, including contributions from the USA and Australia. By making an important input into the growing debate over the inks between home and work, this book shows the direction in which the debate should go, draws out the principal lines of connection and suggests a way forward. The issues addressed in Housing and Labour Markets will be of interest to a wide range of social science disciplines, especially urban studies, economics, sociology, geography and planning. Local government officers in housing and planning will also find it makes an invaluable contribution to developing links between housing and the workplace.