The asset management industry is one of the essential sources of economic growth in a country since it functions as an intermediary between savings and investments. The asset management industry is also important for financial markets to ensure new funds and it helps investors to achieve their investment goals. Therefore, the aim of this study is to analyze the fund management industry in an emerging market. In this book, we first reviewed the fund performance measurement ratios and then evaluated these performance measures of mutual and pension funds in Turkey between 2010 and 2019 to determine whether the funds generate alphas (excess returns). The risk-adjusted performance measures (Sharpe, Treynor, Information, Jensen's alpha, Sortino, and Omega ratios) were calculated to see if the funds generated excess risk-adjusted returns during the analyzed period.

This book analyzes the decrease in labor share in China, which is a ratio of national income distribution to capital at three different levels (macro, meso, and micro) and from three different perspectives (growth, transition and opening up). The worsening income distribution has been a key issue for both Chinese and global economies in recent decades. The book shows that the decrease in labor share is closely related to economic growth, increasing extent of globalization, and firms with heterogeneous characteristics. Moreover, the book explains income inequality in detail, focusing on China's increasingly important and emerging economy.

This unbiased look at the minimum wage debate in America traces the history of minimum wage policy at both the federal and state levels, discusses the controversies swirling around the issue, and examines the veracity of claims made by people on both sides of the debate. Minimum wage inspires debate among many Americans-from advocates who consider it beneficial to the poor and middle class to those who feel it leads to greater unemployment. This comprehensive overview examines the history, policies, and key players in the minimum wage arena and discusses the various controversies that have surrounded it. Author Oren M. Levin-Waldman presents a balanced approach to the topic, shedding light on legitimate evidence from both sides of the argument and debunking claims based on ideology, partisanship, and distortions of data. The book presents an historical overview from the early 20th century through the present day, exploring the various legal issues, benefits, and potential problems of low-wage labor markets. Contributions from key economists along with profiles of seminal figures and organizations present a variety of different perspectives and show the expanse of political, economic, and academic involvement in marshaling effective solutions. The content features informative data, resources for further action, a helpful chronology, and a thorough glossary. Presents data not typically found in many of the standard works Reviews the impact of previous increases in the minimum wage at both the federal and state levels Identifies the leading critics and proponents of minimum wage increases from the early 20th century to the present Surveys the impact of compensation laws around the world Pays attention to impact of minimum wage policy on the middle class as well as the poor and working class Provides an impartial and unbiased look at the issue, acknowledging the validity of points and concerns raised by both sides

The EU's 'social dimension' today is a product of the ideology of the 1990s. Its employment field is directed to increase the employability of workers and the adaptability of labor market regimes. The book argues that this social-liberal approach is best explained with a set of ideas strategically advanced by 'thought communities' in the policy process. It traces the success of this new approach in the debates among academic experts and policy-makers in the mid-1990s, the decisions leading to the adoption of the Treaty of Amsterdam, and the establishment of the approach in the policy field between 1997-2007. The author explores the processes through which ideas came to matter in the policy process. At every stage, the claim that ideas played a predominant role is strengthened by addressing the most viable alternative explanations such as institutional constraints set by Economic and Monetary Union and the preferences of political leaders.

Business Automation and Its Effect on the Labor Force informs business managers on new technologies that can make their industries more efficient. This book provides a primer on quantum computing, artificial intelligence, robotics, and sensors. As a business management book, managers can start planning for the future. The author predicts when the advanced systems would be ready to use. Getting a clearer picture of what is on the horizon, business managers can determine how many workers and machines will be needed. Managers will learn how to calculate the optimal mix of workers and machines. Key Book Highlights Covering labor and technology in agriculture, manufacturing, construction, transportation, hospitality, health care, office administration, and education. A review of the evolution of systems, machines, and devices from the past to the present, and where the latest advancement is headed. A visual timeline showing when new systems and machines would be available for eight industries in the next 25 years. Succinct descriptions of eliminated jobs, retained jobs, and new roles for workers. A simplified method to calculate the costs of operations, allowing business managers to compare human productivity against machine productivity. Labor market information in context of technological innovation for state workforce agencies and local workforce development boards. Lists of occupations with Standard Occupational Classification (SOC) codes for labor economists, workforce development specialists, and job seekers.

Business Automation and Its Effect on the Labor Force informs business managers on new technologies that can make their industries more efficient. This book provides a primer on quantum computing, artificial intelligence, robotics, and sensors. As a business management book, managers can start planning for the future. The author predicts when the advanced systems would be ready to use. Getting a clearer picture of what is on the horizon, business managers can determine how many workers and machines will be needed. Managers will learn how to calculate the optimal mix of workers and machines. Key Book Highlights Covering labor and technology in agriculture, manufacturing, construction, transportation, hospitality, health care, office administration, and education. A review of the evolution of systems, machines, and devices from the past to the present, and where the latest advancement is headed. A visual timeline showing when new systems and machines would be available for eight industries in the next 25 years. Succinct descriptions of eliminated jobs, retained jobs, and new roles for workers. A simplified method to calculate the costs of operations, allowing business managers to compare human productivity against machine productivity. Labor market information in context of technological innovation for state workforce agencies and local workforce development boards. Lists of occupations with Standard Occupational Classification (SOC) codes for labor economists, workforce development specialists, and job seekers.

This book offers a fresh perspective on gender debates in Nepal and analyses how the international migration of the first generation of professional female Nepali nurses has been a catalyst for social change. With unprecedented access to study participants in Nepal (the source country), following them and their networks in the UK (the destination country), this ethnographic study explores Nepali nurses' migration journeys, relocation experiences, and their international migration 'dreams' and aspirations. It illustrates how migrant nurses strive to manage social and professional difficulties as they work towards achieving their ultimate migration aims. The book shows that nursing shortages and international nurse migration are isseus of gender, on a global scale, and that the current trend of privatisation in health systems makes the labour market vulnerable, and stimulates international migration of health professionals. Arguing that international nurse migration is an integral part of the globalisation of health, the author highlights key policy strategies that are useful for global nursing and health workforce management. A well-informed and much-needed study of nurse migration in the global healthcare market, this book will be of interest to professionals and academics working in nursing studies, health and social care studies, gender and international migration studies, and global health studies, as well as South Asian studies.

This open access book provides an evidence-based roadmap for revitalising Indian agriculture while ensuring that the growth process is efficient, inclusive, and sustainable, and results in sustained growth of farmers' incomes. The book, instead of looking for global best practices and evaluating them to assess the possibility of replicating these domestically, looks inward at the best practices and experiences within Indian states, to answer questions such as -- how the agricultural growth process can be speeded up and made more inclusive, and financially viable; are there any best practices that can be studied and replicated to bring about faster growth in agriculture; does the prior hypothesis that rapid agricultural growth can alleviate poverty faster, reduce malnutrition, and augment farmers' incomes stand? To answer these questions, the book follows four broad threads -- i) Linkage between agricultural performance, poverty and malnutrition; ii) Analysing the historical growth performance of agricultural sector in selected Indian states; iii) Will higher agricultural GDP necessarily result in higher incomes for farmers; iv) Analysing the current agricultural policy environment to evaluate its efficiency and efficacy, and consolidate all analysis to create a roadmap. These are discussed in 12 chapters, which provide a building block for the concluding chapter that presents a roadmap for revitalising Indian agriculture while ensuring growth in farmers' incomes.

Originally published in 1932, this title is an attempt to outline the economic position of women at the time, to trace the origin of those features which most sharply differentiated Economic Woman from Economic Man, and to focus in a coherent view of the future the Will to Change which the present position inspired.

What are the effects of employment on women's well-being and social position in a Third World city? Until recently before publication, Calcutta (now Kolkata) had been notable for having one of the lowest rates of female employment in India. This had been largely determined by strong cultural beliefs that a woman's place is in the home. However, in recent years, the growth of 'female' jobs in the small-scale industry and service sectors, combined with an increase in male unemployment had resulted in a sudden increase in the numbers of women entering the labour force. Originally published in 1991 and based on Hilary Standing's extensive fieldwork within Bengali households, Dependence and Autonomy considers the effects of women's employment on the labour market, the household, and the women themselves. Particular attention is paid to the role of the life cycle and of class position in determining the impact of employment, and the work is set within a historical perspective on gender and employment in Bengali society. This book is a re-issue originally published in 1991. The language used is a reflection of its era and no offence is meant by the Publishers to any reader by this re-publication.

Originally published in 1981, this study is concerned with the extent to which the goal of sexual equality in employment, as set out, for example, in the Soviet constitutions of 1936 or 1977, had been realised in the USSR at the time. The main focus is on the nature and extent of economic inequality in the Soviet Union; the subject has wider implications, not only for our understanding of the USSR but also for our perceptions of the way that labour markets operate in a more general setting. The book should be of interest to feminists and labour economists as well as those with a professional interest in the Soviet Union.

China's rapid socio-economic development has achieved remarkable equalizing conditions between men and women in the aspects of health, education and labor force participation, but the glass ceiling phenomenon has become more prominent. The book develops a cross-disciplinary paradigm, with economics at its core, to better understand gender in China and women in management in the Chinese business context. The theoretical perspective integrates the knowledge and evidence from cognate disciplinary strands, such as economics, sociology, management studies, and the Chinese literature, into one unified framework. In-depth interviews with managers in China's largest enterprises complement the theoretical perspective with rich empirical details to examine women's managerial experiences and career choices. The book's argument sheds light on the power of stereotypes that specify women's roles in the family, organization, and society. It shows that understanding the socio-psychological and organizational dynamics of stereotyping in the Chinese context, as well as how Chinese women make career decisions, recognizing and deploying these expectations, provides new perspectives on the underrepresentation of women among business leaders in China. The book offers multi-disciplinary evidence on the economics of gender in China that is highly relevant for gender studies in general, and across a number of subject areas, and it can be used in any setting as an introductory reference. The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

Md Saidul Islam and Md Ismail Hossain investigate how neoliberal globalization generates unique conditions, contradictions, and confrontations in labor, gender and environmental relations; and how a broader global social justice can mitigate the tensions and improve the conditions.

Economic institutions are undergoing radical transformations, and with these has come a reconfiguration of labor market institutions, managerial conceptions of work, and the nature of authority and control over employees as well. Yet many of these changes remain poorly understood. This volume provides a sampling of state-of-the art theory and research in the field, and addresses a wide array of questions that are vital for managers, policy makers, labor unions, and employees themselves. How has new technology changed the job search process? How has the Great Recession affected racial boundaries within the labor market? What forms of managerial thinking underlie the proliferation of downsizing as a strategic practice? How have employees responded to labor market uncertainty? What shifts are unfolding within particular sectors, such as finance or health care? And how have norms been mobilized as a source of control over the performance of service work? By addressing these and other questions, this volume points the way forward for social scientific views of work and labor markets as pivotal institutions within contemporary societies.

The transformation of China's economy from a centrally planned to a market-oriented system has had a profound impact on management systems and practices at the firm level, particularly changes to the organization of work. One of the consequences of this is increasing social disparity reflected through inequality of employees' income and employment conditions. This book, based on extensive original research including interviews and questionnaire surveys in different regions of China, explores the exact nature of these changes and their effects. It examines state-owned enterprises, foreign-owned enterprises and domestic private enterprises, discusses the extent to which employees are satisfied with their employment conditions and whether they think their employment conditions are fair and outlines how managers and employees in China expect conditions to change in future.

Though globalisation of the world economy is currently a powerful force, people s international mobility appears to still be very limited. The goal of this book is to improve our knowledge of the true effects of migration flows. It includes contributions by prominent academic researchers analysing the socio-economic impact of migration in a variety of contexts: interconnection of people and trade flows, causes and consequences of capital remittances, understanding the macroeconomic impact of migration and the labour market effects of people s flows. The latest analytical methodologies are employed in all chapters, while interesting policy guidelines emerge from the investigations. The style of the volume makes it accessible for both non-experts and advanced readers interested in this hot topic of today s world."

This book offers an analysis of the key issues faced by women in the labor market in the 21st century. It identifies the factors that inhibit women's participation in the labor market, studies occupational segregation by gender and analyzes labor transitions, questioning whether the experience for men and women differs. It also explores the effect of entrepreneurship support programs on women's economic and social positions, as well as the public policy implications of women's entry into the labor market. The book investigates working women in Mexico and also offers comparisons with countries such as Spain and developing countries within Eastern Europe. It explores a variety of topics, from a gender perspective, such as labor participation, the feminization of poverty, migration, wage gaps, changes in employment, informal work programs and public policy. Finally, the book offers a topical and timely analysis of the COVID-19 pandemic, tracking the gender inequalities among men and women in labor markets. The main market for the book is the global community of academics, researchers and graduate students in the fields of economics and, specifically, in the study of the labor market from a gender perspective. It will also be beneficial to government institutions responsible for the creation of public programs and policies, as well as non-governmental and non-profit organizations.

The concept of economic democracy is traditionally identified with workplace democracy and participation at the enterprise level. This is a very important dimension, but the concept of new economic democracy also recognizes that, in a world of increasing complexity, the principles of democratic deliberation and social participation have to be applied to other areas as well. This book takes a fresh look at economic democracy from various perspectives. It provides rich historical narratives of episodes of social participation in the economy and society, more broadly, from the 19th to the 21st century. It dissects the various analytical underpinnings informing the theory of economic democracy connecting it with collective choice, social contract theory, Marxian analysis and libertarian critiques. The book identifies new areas of application of the principles of democratic deliberation and oversight such as the adoption of austerity policies, the signing of free trade agreements, the conduct of central bank policies, international investment treaties and natural resource management. It takes a guided tour through the evolution of economic, social and cultural rights and their impact on the design and implementation of social policy and the welfare/ developmental state. The book expands the notion of economic democracy from factory level to the macro-economy and then to global economic governance. It also discusses the critical links between political democracy and economic democracy and the need for a more democratic and socially equitable economy in the 21st century. This volume will find an audience among economists, political scientists, social activists, philosophers and sociologists.

This book provides a focus on some of the main markers and challenges that are at the core of the study of structural transformations in contemporary capitalism and their implications for labour in the Global South. It examines the diverse perspectives and regional and social variations that characterise labour relations as a result of the uneven development which is an important facet of the intensification of capitalist accumulation.. The book provides important insights into the impact of the crises of capitalism on the wellbeing of labour at different historical junctures. Some of the issues covered by it include the conditions of work, and the changing composition of laboring classes and/or working people. The chapters also throw light on the multiple trajectories in the development of labour relations and employment in the Global South, especially after the ascendancy and domination of neoliberal finance capitalism. Some of the major aspects considered by the essays include the decentering of production and development of global value systems, crisis of social reproduction, and the rising informalisation of work.

This book combines classic and recent studies investigating challenges to Emiratization - full employment of Emirati nationals who make up only about 10% of the total workforce - in the United Arab Emirates (UAE). The book offers a comprehensive overview of the events leading to the country's rapid growth and development, as well as important social and cultural issues arising as the country transitioned from an isolated traditional economy to an open globalized one, and explores the specific challenges of incorporating Emiratis in their own vibrant economy. This topic is of interest to scholars, policymakers, and those considering investing or seeking employment in the UAE since it emerged as a Western-friendly, politically stable, and prospering oil-producing country in a region plagued by political, social, and economic turmoil.

The growing inequality in the global economy across the planet is reaching unprecedented levels. This book seeks to develop frameworks for the assessment of excessive inequality and its impact on social-economic progress and sustainable development. It begins by summarizing the theoretical approaches of economic inequality, its specificity, and questioning what economic inequality really is and how it progresses. Next, the book explores issues of methodology for addressing the growing excessive economic inequality. It then applies these concepts to examine inequality across a range of the European Union (EU) countries. A variety of factors are considered, such as the impact of economic inequality on socio-economic progress, when normal inequality turns into excessive inequality, and its impact on economic growth, quality of life, and the environmental sustainability across different groups.

Recent decades have witnessed both a renewed energy in feminist activism and widespread attacks taking back hard-won rights. Despite powerful feminist movements, the Covid-19 pandemic has significantly undermined the progress women have struggled for decades to achieve; how can this be? What explains this paradox of a strong feminist movement coexisting with stubborn patriarchal arrangements? How can we stop the next global catastrophe initiating a similar backlash? This book suggests that the limitations of social theory prevent feminist strategies from initiating transformative changes and achieving permanent gains. It investigates the impact of theoretical shortcomings upon feminist strategies by engaging with two clusters of work: ungendered accounts of capitalist development and theories on gendered oppression and inequality. Decentring feminist theorising grounded in histories and developments of the global North, the book provides an original theory of the patriarchal system by analysing changes within its forms and degrees as well as investigating the relationship between the gender, class and race-ethnicity based inequalities. Turkey offers a case that challenges assumptions and calls for rethinking major feminist categories and theories, thereby shedding light on the dynamics of social change in the global South. The timely intervention of this book is, therefore, crucial for feminist strategies going forward. The book emerges at the intersections between Gender, International Development, Political Economy, and Sociology and its main readership will be found in, but not limited to, these disciplinary fields. The material covered in this book will be of great interest to students and researchers in these areas as well as policy makers and feminist activists.

Why and how do politics, society and economics shape the growth and failure of labour markets? Does government intervention help or harm labour market reforms/adjustments in times of economic downturn? What forces drive such government intervention and do they differ from society to society?In addressing these big-picture questions, this book's analytical scope is heavily centred around the topic of labour markets' performance. The book argues that performance in labour markets across countries are influenced by their labour market policies. In turn, these policies are shaped, in varying degrees, by the country's politics. Each chapter in this book dives into the labour market experiences in various countries to demonstrate why in some countries, labour markets perform better than in other countries. Major findings from this book suggest that countries can produce better economic and social outcomes (e.g. lower socio-economic inequality) if their labour market policies are aimed at fostering a socially and politically stable society via greater equity in wealth distribution across various socio-cultural and income groups.This book is an essential read for any public policy researchers, policy practitioners and undergraduate/graduate students who are interested or vested in the topic of labour markets' performance in the political, social and economic dimensions. Particularly, this book provides a critical synthesis of the labour market experiences in many countries. Hence, the book serves as an ideational tool to advance future labour market research and policy.

Including contributions by both British and American researchers, this book explores equal value developments in the two countries. Through thematic chapters and case studies, it examines legal developments, trade union activity, the operation of job evaluation, and the race and class politics of equal value. American case studies focus on the implementation of comparable worth in the state of Minnesota, campaigns for comparable worth among nurses in various public settings, and developments involving clerical and technical workers at Yale University. British case studies focus on job re-evaluation at Midland Bank, the new local authority manual workers' job evaluation scheme, and activity in the Northern Ireland health service. Chapters discuss the possibilities and limits of equal value reform.