Charles Whalen's book identifies avenues leading to the revitalization of industrial relations as an academic discipline. The contributors, a stellar assemblage of the field's leading scholars, demonstrate there is much work to be done: the scope and intellectual content of industrial relations need to be reconsidered; academic and social institutions must be reshaped; and new conceptual and practical issues demand attention. The contributors to this volume examine a broad range of issues. Some chapters explore the conceptual boundaries and core assumptions of the field. Others probe how industrial relations correlates with social capital, the law and globalization. Still others outline new approaches to academic programs and institutions, labor and employment journals, and the integration of teaching and community service. A wrap-up chapter by MIT's Thomas Kochan ties all this together and presents additional insights on the revitalization of the field. Industrial relations scholars, labor studies, sociology and business professors as well as many practitioners will find much to recommend in this book.

This book seeks to gain a better understanding of the paradoxical relationship between the alleged need of European labour markets to become more flexible and the way in which national policies pursue this aim without jeopardising existing high standards of income and employment security. Special interest is devoted to the way in which countries opt for different policy routes to cope with the aim of balancing flexibility and security goals in their respective labour market and social protection policies. The contributions in this book all try to unveil the particular changes or transitions occurring in the various labour markets, to learn about their medium and longer term effects and the role of institutions and policies to cushion the adverse consequences of these changes. By studying some 'best practices' in Denmark, Canada and Australia they also draw some important lessons about the reasons why national policies might either fail or better cope with the challenges Europe face today. Flexibility and Employment Security in Europe is a study rich in data that will appeal to advanced undergraduate and postgraduate students in economics, sociology and political science and in particular students of the labour market, social policy and European studies. It will also prove invaluable to policymakers at regional, national and European level seeking a greater understanding of the complex issues surrounding, and the relationship between labour market flexibility and standards of income and employment security.

International Financial Reporting Standards: A Framework-based Perspective links broad concepts and general accounting principles to the specific requirements of IFRS to help students develop and understand the judgments required in using a principle-based standard. Although it is still unclear whether the US will adopt IFRS, the global business environment makes it necessary for accounting students and professionals to be bilingual in both US GAAP and IFRS. This comprehensive textbook offers: A clear presentation of the concepts underlying IFRS A conceptual framework to guide students in interpreting and applying IFRS rules A comparison between IFRS and US GAAP to develop students' understanding of the requirements of each standard Real world examples and case studies to link accounting theory to practice, while also exposing students to different interpretations and applications of IFRS End of chapter material covering other aspects of financial reporting, including international auditing standards, international ethics standards, and corporate governance and enforcement, as well as emerging topics, such as integrated accounting, sustainability and social responsibility accounting and new forms of financial reporting Burton & Jermakowicz have crafted a thorough and extensive tool to give students a competitive edge in understanding, and applying IFRS. A companion website provides additional support for both students and instructors.

This book seeks to explain the global financial crisis and its wider economic, political, and social repercussions, arguing that the 2007-9 meltdown was in fact a systemic crisis of the capitalist system. The volume makes these points through the exploration of several key questions: What kind of institutional political economy is appropriate to explain crisis periods and failures of crisis-management? Are different varieties of capitalism more or less crisis-prone, and can the global financial crisis can be attributed to one variety more than others? What is the interaction between the labour market and the financialization process? The book argues that each variety of capitalism has its own specific crisis tendencies, and that the uneven global character of the crisis is related to the current forms of integration of the world market. More specifically, the 2007-09 economic crisis is rooted in the uneven income distribution and inequality caused by the current financial-led model of growth. The book explains how the introduction of more flexibility in the labour markets and financial deregulation affected everything from wages to job security to trade union influence. Uneven income distribution and inequality weakened aggregate demand and brought about structural deficiencies in aggregate demand and supply. It is argued that the process of financialization has profoundly changed how capitalist economies operate. The volume posits that financial globalization has given rise to growing international imbalances, which have allowed two growth models to emerge: a debt-led consumption growth model and an export-led growth model. Both should be understood as reactions to the lack of effective demand due to the polarization of income distribution.

Due to technical advances in production and communication technology, outsourcing - contracting out production of intermediate materials and services - has affected the economic growth of the ASEAN region. This new book fills an important gap in the literature looking at the impact outsourcing has on labour markets, its subtle effects on regional economies and policy implications. Shandre Thangavelu and Aekapol Chongvilaivan investigate various impacts of outsourcing on labour markets, such as its effects on labour productivity, skill upgrading, human capital, and training, in ASEAN economies with a focus on the experience of the two ASEAN countries as a global hub of outsourcing: Singapore and Thailand. This book approaches these research inquiries by developing several econometric models, including primal production functions and dual cost functions, among others. The empirical evidence this book reveals provides interesting insights into and implications on labour and industry development.

This book concentrates on the role of commercialized intermediary actors in migration. It seeks to understand how these actors shape migration and mobility patterns through the services they offer. In addressing the role that migration industries play in migration, the book uses diverse examples such as labour market brokers and recruitment agencies from Eastern Europe to the United Kingdom; Latvian migration to Norway; super-rich lifestyle brokers; international students agents; the Global Mobility Industry for corporate expatriates; skilled migrant intermediaries; and those providing services to West African migrants coming to Europe or Indonesians leaving for Malaysia. Through these examples, the contributors examine the actors in migration industries, showing how they respond to and shape migration trends. They also consider how migration industries operate, manoeuvre and interact with government policy on migration management. Finally, the book looks at how migration industries enable certain forms of migration through enticement, facilitation and control, translating into specific migration trajectories and im/mobility. Providing examples from across the world, this book analyses how charities, businesses, sub-contractors, informal recruitment agencies, and other actors help to shape migration processes, and it will be of interest to those studying not only the causes of migration, but also the migration process itself. This book was originally published as a special issue of the Journal of Ethnic and Migration Studies.

Contemporary mainstream economists see social wealth as the sum of individual incomes, but for three centuries many economists saw wealth as consisting of the public and private resources of a nation. This led them to explore the idea of unproductive labour, which provides a nation with an individual income, but does not contribute to an increase in social wealth or help to foster development. This book analyses the evolution of ideas surrounding unproductive labour, offering an unprecedented history that guides readers from the work of Petty through to the present economic crisis. This volume explores the work of several key scholars, including Smith, Petty, Marx, Ricardo, Mill, Say and Schumpeter. This book is suitable for scholars and researchers with an interest in the history of economic thought, labour economics and economic philosophy. Winner of the 2019 Ernest Lluch Prize from the Spanish Association of Economic History

Employment has changed dramatically in the last few decades with the onset of neoliberal globalization. This change has become the objective of inquiry from different perspectives, such as development studies, labour economics or industrial relations, focusing on different units of analysis. The Political Economy of Employment Relations provides an exceptional contribution to existing literature by presenting alternative theory and practice on employment relations. It is within this critical theoretical intervention that solidarity economies emerge as a unique theoretical construct as well as a unit of analysis to expose the alternative paths that employment relations may resort to against the contemporary challenges of neoliberal globalization. This book analyses globalization, global economic crisis, and issues of work and labour from the point of view of the developing world, presenting local case studies from countries including the USA, India, Spain and Greece, and outlining alternative approaches to global challenges. This volume has relevance to those with an interest in industrial relations, sociology of work and occupations, labour economics and development economics.

In this volume, Lena Sommestad explores the significance of rural womanhood in the formation of Sweden's gender-egalitarian welfare state in the early 20th century. Drawing on a rich array of documents, photographs, and interviews with women and men, she analyzes the changing gender division of labor in dairying and illuminates the dynamic processes and debates that shaped industrial workplaces. The book demonstrates the importance of rural women's gainful labor and organized activism to Sweden's citizenship-based social policies, which enabled married women to combine childrearing with breadwinning.

Allan Flanders was one of the leading British industrial relations academics and his ideas exerted a major influence on government labor policy in the 1960s and 1970s. But as well as being an Oxford academic with a strong interest in theory and labor reform, he was also a lifelong political activist. Originally trained in German revolutionary ethical socialism in the early 1930s, he was the founder and joint editor of Socialist Commentary, the leading outlet for 'revisionist' social democratic thinking in Britain in the 1950s and 1960s. He was also the leading figure in the influential 1950s 'think tank' Socialist Union and played a key part in the bitter factional struggles inside the Labour Party. The main argument of the book is that Flanders' ethical socialist ideas constituted both his strength and his weakness. Their rigor, clarity and sweep enabled him to exert a major influence over government attempts to negotiate labor reforms with the trade unions. Yet he proved unable to explain the failure of the reforms amidst rising levels of industrial conflict, as his intellectual rigor turned into ideological rigidity. The failure of negotiated reform led to Margaret Thatcher's neo-liberal assault on trade union power in the 1980s.

From his early economic works on, Marx conceived the labour of any kind of society as a set of production activities and analysed the historical modes of production as specific ways of distributing and exchanging these activities. Political economy on the contrary considers the labour only under the form of its product, and the exchange of products as commodities as the unique form of social labour exchange. For Marx, insofar as the labour creating value represents a specific mode of exchanging the society's living labour, general and abstract labour cannot not only be defined as the substance or measure unit of the commodity, as in Smith or Ricardo, but foremost as an expense of living labour, i.e. of nerves, muscles, brain, etc. Hence the twofold nature of living labour, as a concrete activity producing a use value and an expense of human labour in general producing exchange value. Marx himself claimed that this twofold nature of labour creating value was its main and most important contribution to economic science. This book aims at showing how both determines the original categories and economic laws in Capital and constitutes the profound innerspring of Marx's critique of political economy. The role and function of living labour is highlighted by dealing with the difference between Marx and Classics' theories of labour value; money and the problems of its integration in economic analysis, especially in Keynes; the transition from feudalism to capitalism; the theory of capital through a discussion on the Cambridge controversy and the transformation problem; the labour process and the principles of labour management; unemployment and overpopulation; the formulas of capital in the history of economic thought; finally, an interpretation of the current crisis based on Marx's conception of overaccumulation and speculation after having distinguished it from underconsumption and stagnation theories of crises.

Designed for clinicians from a variety of backgrounds, this handbook provides useful information regarding long-term treatment of neuropsychiatric disorders. It is intended not only for psychiatrists and neurologists, but also for primary care physicians and non-physician mental health professionals. The book examines maintenance treatment for a comprehensive list of mental illnesses including biopolar disorders, anxiety disorders, schizophrenia, and dementia. It provides the clinician with the information needed to select and manage the effective long-range treatment of their patients.

Worker Displacement in the US/Mexico Border Region provides a comprehensive analysis of the social and economic impact of worker displacement in border communities. The contributors - experts from a variety of fields - evaluate the consequences of displacement on individuals, families and communities from various interdisciplinary perspectives. Issues that arise as a result of job displacement, such as health, training and education, are explored in-depth. The US/Mexico border region is one of the poorest areas of the United States. As such, it is of great interest to those looking for approaches that can be adopted to help this and similar populations reduce their poverty. The book provides a rich picture of the policy challenges involved in addressing the needs of border communities. Also examined is the role of, and effects on, the US economy. This volume will be of particular interest to students, researchers and policymakers concerned with gaining a better understanding of the health, training and education needs of the US/Mexico border population. Anyone interested in international trade, economics, labor or migration will find the interdisciplinary nature of the book appealing.

A considerable number of higher educational institutions in North America, Oceania, and Europe, offer what are known as cooperative education, work-integrated learning, work placements, sandwich courses, or internships, to provide pragmatic experience to students, and its popularity is spreading to many higher educational institutions in the world. Alongside such development, the rising needs for theoretical research and objective assessment are felt among those academics and practitioners involved in these programmes.

The book offers a rigorous theoretical framework based on the human capital theory of labour economics and econometric analysis, which are well-established concepts in the field of economics, with an objective quantitative methodology to analyze and assess cooperative education programmes.

For the last decade a movement for providing workers with a living wage has been growing in the US. This book describes how great thinkers in the history of economic thought viewed the living wage and highlights how the ideas of the early economists such as Adam Smith and John Stuart Mill support the idea of a living wage and contrast with the ideas of more recent free-market economists who do not. The lessons we can learn from the contrasting ideas of both the early and recent economists will help us to think more clearly about the issues surrounding whether, how and why workers should be paid a living wage. The book reviews the history of economic ideas related to the idea of the living wage. It presents a debate between two ideologies, the moral economy and the market economy, as captured by the need to sustain the workforce, enhance its capability and avoid the externality effects of low wages. It is unique in that it applies these concepts exclusively to labor. The book also breaks new ground by presenting Adam Smith as a moral economist who anticipated many of the arguments set forth by modern day advocates of the living wage. It shows how successive economic thinkers added to Smith's arguments for a living (subsistence) wage or found fault with those arguments. Throughout the book Donald Stabile draws out the lessons that this history of the economic thought about adequate wages has for the modern living wage movement. Economists interested in the history of economic thought and labor issues will find this book a compelling read, as will academics and community groups advocating for a living wage.

As the controversies surrounding performance related pay have demonstrated, reward management is a key issue. Collecting the results of 'fieldwork' investigations in factories and retail outlets, this book measures output before and after a change in methods of remuneration. The link between productivity and stress is explored and conclusions drawn. An introductory chapter, by the eminent economist P. Sargant Florence summarises previously published productivity studies.

Working time is a crucial issue for both research and public policy. This book presents the first comprehensive analysis of both paid and unpaid work time, integrating a unique discussion of overwork, underwork, shortening of the working week, and flexible work practices. Time at work is affected by a complex web of evolving culture and social relations, as well as market, technological, and macroeconomic forces, and institutions such as collective bargaining and government policy. Using a variety of new data sources, the authors review the latest trends on working time in numerous countries.

Covering issues as pertinent today as when the book was first published, The Logic of Industrial Organization discusses key themes in industrial relations, manufacturing, employment and investment and education for business administration. The book contains chapters on the following: The Structure of Industry; The Efficiency of Large-Scale Operation; Planned and Free Consumption; Forecasting and Market Research; Competition; Rationalization and Nationalization; Investment and Employment; Incentives to Work and Mobility; Stimulus to Enterprise and Administration.

Summarizing the facts about the prevailing sizes of industrial firms or plants and the patterns of industrial location in Britain and America, this book also interprets the facts in basic terms such as technical requirements and consumer habits. Examining investment and human resource management, the contrasts and (unexpected) similarities in the industrial structure and government of the two countries are analysed. The book includes new research into the real seat of power in the British joint stock company and compares the results with the realities of the American corporation.

This book begins from the central premise that progressive social change requires collective struggle underpinned by a clear strategy, and that processes of neoliberal globalisation have altered the cartography upon which social struggle takes place. Drawing on insights from the knowledge production processes of labour movements around the world, this research seeks to highlight the central importance of knowledge production and processes of learning within social movements.

Providing both a comprehensive theoretical and empirical introduction to the relationship between globalisation, knowledge and social movement strategy, the authors contend that the production and dissemination of alternative knowledge is central to a resurgence of working-class power. By presenting a wide range of case-studies, the book highlights the centrality of knowledge production and circulation processes to the potential expansion and revitalization of the role of civil society in the promotion of social democracy. The chapter contributors include activist-scholars, whose work represents a broad perspective on labour including the unemployed, the self-employed at the margins of the labour market, the unorganized, and those who work in the informal economy.

Delivering work which is at once theoretically rich and yet empirically informed, this work will be of interest to students and scholars from a range of disciplines including International Relations, Development Studies, Critical Labour and Social Movement Studies, and Education. It will also be of relevance to activists and practitioners engaged in strategy development and education in various social movements."

Beveridge defined full employment as a state where there are slightly more vacant jobs than there are available workers, or not more than 3% of the total workforce. This book discusses how this goal might be achieved, beginning with the thesis that because individual employers are not capable of creating full employment, it must be the responsibility of the state. Beveridge claimed that the upward pressure on wages, due to the increased bargaining strength of labour, would be eased by rising productivity, and kept in check by a system of wage arbitration. The cooperation of workers would be secured by the common interest in the ideal of full employment. Alternative measures for achieving full employment included Keynesian-style fiscal regulation, direct control of manpower, and state control of the means of production. The impetus behind Beveridge's thinking was social justice and the creation of an ideal new society after the war. The book was written in the context of an economy which would have to transfer from wartime direction to peace time. It was then updated in 1960, following a decade where the average unemployment rate in Britain was in fact nearly 1.5%.

Tax policies are informed by principles developed in the tax theory and policy literature. This Element surveys the policy lessons that emerge from optimal tax analysis since the 1970s. This Element begins with the evolution of tax policy principles from the comprehensive income approach to the expenditure tax approach to normative tax analysis based on social welfare maximization and recounts key results from the optimal income tax analysis inspired by Mirrlees and extended by Diamond to the extensive margin approach. This Element also emphasizes analytical techniques that yield empirically relevant concepts and show the equity-efficiency trade-off at the heart of tax policy. We also extend the analysis to recent literature incorporating involuntary unemployment, and policies like welfare and unemployment insurance.

The essays in this edited collection, first published in 1986, focus on important debates surrounding the central Marxian problem of the transformation of values into prices. The collection brings together major contributions on the value theory debate from the decade prior to the book's publication, and assesses the debate's significance for wider issues. Value theory emerges as much more than a technical relation between labour time and prices, and the structure of the capitalist economy is scrutinised. This is a relevant and comprehensive work, valuable to students, academics and professionals with an interest in political and Marxist economy.

The high growth performance of the Indian economy since the launch of economic reforms in the early 1990s has been much lauded. But how much of this growth has made its way to the poor? In a radical assessment of 'inclusive growth', this book probes the impact of neo-liberal policies on employment, poverty and inequality. It critiques the claim that market-friendly economic reform policies 'trickle down' to the poor and reduce poverty and deprivation. The author uses exhaustive data - from the formal and informal sectors - to create a profile of the aam aadmi. He advocates the need for a broad-based growth and development strategy that alone will address the many-sided social and economic inequalities in India. The volume will be useful to scholars and students of economics, development studies, labour studies, and sociology.

The hospitality and tourism sector is a large and rapidly expanding industry worldwide, and can rightfully be described as a vehicle of globalisation. Hotels are among the cornerstones of the industry often drawing workers from the most vulnerable segments of multicultural labour markets, accommodating and entertaining tourists and business travelers from around the world. This book explores the organisation of work, worker identities and worker strategies in hotel workplaces, as they are located in heterogeneous labour markets being changed by processes of globalisation. It uses an explicitly geographical approach to understand how different groups of workers experience and respond to challenges in the hospitality industry, and is based on recent theoretical debates and empirical research on hotel workplaces in cities as different as Oslo, Goa, London, Las Vegas and Toronto. A multi-scalar analysis is taken where concrete worker bodies and their physical, emotional and embodied labour are seen in relation to, among other aspects: the regulation of national and regional labour markets, city governments with global city ambitions, and global corporate actors and labour migration patterns. The book sheds light on the hotel workplace as a hierarchical and fragmented social space as well as addressing questions on worker mobility, the fragmentation of work, scales of organisation and how workers can help shape the regulation of their industry. This timely volume brings together contributions from international academics and is valuable reading for all those interested in hospitality, tourism, human geography and globalisation.