This book examines Gunnar Myrdal's analysis of poverty in relation to Sweden, the United States, South Asia, and the international economy. The chapters investigate Mrydal's methodological development and his focus on the principle of circular and cummulative causation, dynamic economic analysis, institutional frameworks, value premises, and social engineering. The challenge of world poverty, the international dimension of poverty, and the legacy of The American Dilemma and Asian Drama are also discussed. This book aims to explore the development of Myrdal's analysis of poverty during his life. It will be relevant to students and academics interested in the history of economic thought, development economics, the political economy, and labor economics.

This book introduces readers to the concept and theories of decent work and provides a framework for measuring it at the micro, meso and macro level in a given country. Further, it addresses the importance of measuring decent work in today's world and in connection with the different challenges countries face depending on their respective stage of development. The essence of the book lies in highlighting the practical applications of decent work in terms of its ability to deliver empirical measurements of qualitative and subjective phenomena with a mixed-methods approach combining tools and techniques from economics and statistics. Moreover, as the applicability of decent work is not confined to the IT industry and formal sectors of the economy, the book also provides useful guidelines on how further empirical studies can be undertaken to measure decent work in non-IT industries. As such, the book offers a rich compilation of empirical and theoretical contributions on decent work designed to not only enrich readers' understanding, but also promote awareness of the practical relevance and technical aspects of the subject matter.

This study examines the labor markets of the United States and Germany, developing a framework for the analysis of labor market dynamics based upon the dynamic flow analysis, instead of the conventional labor stock data. Until recently, labor market analysis was mainly based on stock data, which is a suitable data source for structural and aggregate phenomena but does not allow for the analysis of processes that are behind the net changes identified by stock data. To identify the dynamic elements in the labor market, information on flows is needed. In recent years flow data have become available, indicating that an enormous amount of that labor market mobility is occurring every month.

The use of flow data to analyze questions of the mismatch in the labor market and the underlying labor market dynamics has been suggested recently by scholars. The analysis presented in this study of the labor market in the U.S. and Germany uses these data to link dynamic concepts of labor market adjustment to flow data. This study will be of interest to scholars in labor economics and industrial organization.

The Handbook of U.S. Labor Statistics is recognized as an authoritative resource on the U.S. labor force. It continues and enhances the Bureau of Labor Statistics's (BLS) discontinued publication, Labor Statistics. It allows the user to understand recent developments as well as to compare today's economy with past history. This edition includes new tables on employee benefits and occupational safety and health. The Handbook is a comprehensive reference providing an abundance of data on a variety of topics including: *Employment and unemployment; *Earnings; *Prices; *Productivity; *Consumer expenditures; *Occupational safety and health; *Union membership; *Working poor *And much more! Features of the publication In addition to over 215 tables that present practical data, the Handbook provides: *Introductory material for each chapter that contains highlights of salient data and figures that call attention to noteworthy trends in the data *Notes and definitions, which contain concise descriptions of the data sources, concepts, definitions, and methodology from which the data are derived *References to more comprehensive reports which provide additional data and more extensive descriptions of estimation methods, sampling, and reliability measures

First published in 1993, The History of the Yorkshire Miners 1881-1918 is concerned with the workers in the Yorkshire coal industry, their union, and the broader mining communities in which they lived from the formation of the Yorkshire Miners' Association in 1881 through to the end of the First World War. The period covered is of considerable importance for the consolidation of the Yorkshire Miners Union, and indeed for the building of a national miners' federation and an international miners' organisation, in both of which the role of Yorkshire's leadership was central. The decades straddling the turn of the century were characterised by volatility in the mining industry, which was reflected in a number of strikes. Carolyn Baylies traces these general processes and focuses, in detail, upon a number of episodes during which union struggles and community involvement coalesced. She explores the dynamic between district and local levels of the union, and the tensions that accompanied a progressive rationalization of bargaining machinery. This book will be of interest to students of history and sociology.

First published in 1977, On the Economic Identification of Social Classes centres around the economic identification - the definition in terms of production relations - of social classes, focussing on the developed capitalist countries. The basic stages of capitalist development are considered, with special emphasis on monopoly capitalism. The book includes a detailed analysis of the functional element of the capitalist production relations; the identification, in terms of production and distribution relations, of the new middle class under monopoly capitalism; and the analysis of the process of proletarianism of this class. New theoretical concepts - of position, devaluation of labour power through dequalification of positions, and of capitalist and non-capitalist state activities - are developed to further the discussions, which, although fresh in approach, are immersed in the complex texture of Marxist thought. This book will be of interest to students of economics and sociology.

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.

Why did trade with the United States prolong Spanish colonial rule during the Venezuelan independence struggles? From 1790 to 1815, much of the Atlantic World was roiled by European imperial wars. While the citizens of the United States profited from the waste of blood and treasure, Spanish American colonists struggled to preserve their prosperity on an imperial periphery. Along the Caribbean coast of South America, colonial elites and officials fought to secure Venezuela from threats of foreign invasion, slave rebellion, and revolution. For these elites, trading with the United States and other neutral nations was not a way to subvert colonial rule but to safeguard the prosperity and happiness of loyal subjects of the Spanish Crown. Food insecurity, deprivation, and political uncertainty left Venezuela vulnerable to revolution, however. In Sustaining Empire, Edward P. Pompeian lets readers see liberal free trade just as colonial Venezuelans did. From the vantage point of the slave-holding elite to which revolutionary figures like Simon Bolivar belonged, neutral commerce was a valuable and effectual way to conserve the colonial status quo. But after Spain's crisis of sovereignty in 1808, it proved an impediment to Venezuelan independence. Analyzing the diplomatic and economic linkages between the new US republic and revolutionary Latin American governments, Pompeian reminds us that the United States did not, and does not, exist in a vacuum, and that the historic relationships between nations mattered then and matters now. Examining an overlooked region, Pompeian offers a novel interpretation of early United States relations with Latin America, showing how US merchants executed government contracts and established flour, tobacco, and slave trading monopolies that facilitated the maintenance of colonial rule and the Spanish Empire. Trading with the United States, Pompeian argues, kept both colony and empire under a tenuous hold despite revolutionary circumstances. A fascinating revisionist history, Sustaining Empire challenges long-standing assertions that this commerce served primarily as a vector for the one-way transmission of revolutionary, liberal ideas from the North to South Atlantic.

1. An important contribution to the growing field of 'Economics of Innovation', 'Systems of Innovation' and the broader fields of 'Evolutionary Economics' and 'Development Economics', the volume looks into different facets of the nature, structure, growth and impact of innovation on different entities. 2. Will be of interest to departments of industrial economics, international economics, political economy, economics of innovation, institutional economics, public economics, industrial organization, evolutionary economics, and international trade across the US/UK.

This new edition Workbook has been fully updated for 2019 and covers Theme 3 Business behaviour and the labour market A-level Paper 1 Markets and business behaviour, and A-level Paper 3 Microeconomics and Macroeconomics will both draw on topics from Theme 3. Up-to-date and focused to help students practice their skills and improve their subject knowledge both inside and outside the classroom, this Practice Workbook: - Covers specific aspects of the course, providing targeted support for complex and challenging topics - Reinforces students' understanding, with more new practice questions and exam-style questions to develop their skills and improve their confidence - Includes more sample answers with commentary to help students meet the demands of the specification - Adapts easily and flexibly to existing textbooks and schemes of work - Provides opportunities for self-directed learning and self-testing, helping students revise on their own terms

Economic Welfare presents an important collection of leading writings in the fields of policy evaluation. The volume focuses on the conceptual issues behind welfare economics, drawing upon contributions from economics, moral philosophy and social philosophy. The selected readings are designed to present the case both for and against extant approaches to economic welfare. Modern welfare economics comprises three contrasting approaches. Pure Paretianism focuses on cases where everyone is made better off or worse off. This approach commands broad (although not universal) assent but does not apply to most real world choices. Cost-benefit analysis does most of the practical work for economic policy evaluation, but does not offer fully sound foundations. Newer approaches treat economic welfare as either cardinal or measurable in nature, often dropping the traditional strictures against interpersonal utility comparisons. This collection brings together these three approaches, examines their strengths and weaknesses and asks whether they share a common future. Economic Welfare will provide an indispensable reference source for students, academics and practitioners.

The leading textbook on imperfect labor markets and the institutions that affect them-now completely updated and expanded Today's labor markets are witnessing seismic changes brought on by such factors as rising self-employment, temporary employment, zero-hour contracts, and the growth of the sharing economy. This fully updated and revised third edition of The Economics of Imperfect Labor Markets reflects these and other critical changes in imperfect labor markets, and it has been significantly expanded to discuss topics such as workplace safety, regulations on self-employment, and disability and absence from work. This new edition also features engaging case studies that illustrate key aspects of imperfect labor markets. Authoritative and accessible, this textbook examines the many institutions that affect the behavior of workers and employers in imperfect labor markets. These include minimum wages, employment protection legislation, unemployment benefits, family policies, equal opportunity legislation, collective bargaining, early retirement programs, and education and migration policies. Written for advanced undergraduates and beginning graduate students, the book carefully defines and measures these institutions to accurately characterize their effects, and discusses how these institutions are being transformed today. Fully updated to reflect today's changing labor markets Significantly expanded to discuss a wealth of new topics, including the impact of the COVID-19 pandemic Features quantitative examples, new case studies, data sets that enable users to replicate results in the literature, technical appendixes, and end-of-chapter exercises Unique focus on institutions in imperfect labor markets Self-contained chapters cover each of the most important labor-market institutions Instructor's manual available to professors-now with new exercises and solutions

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 timely exploration of how climate change manifests in the global workplace. It draws together accounts of workers, their work, and the politics of resistance in order to enable us to better understand how the impacts of climate change are structured by the economic and social processes of labour. Focusing on nine empirically grounded cases of labour under climate change, this volume links the tools and methods of critical labour studies to key debates over climate change adaptation and mitigation in order to highlight the active nature of struggles in the climate-impacted workplace. Spanning cases including commercial agriculture in Turkey, labour unions in the UK, and brick kilns in Cambodia, this collection offers a novel lens on the changing climate, showing how both the impacts of climate change and adaptations to it emerge through the prism of working lives. Drawing together scholars from anthropology, political economy, geography, and development studies, this book will be of great interest to students and scholars of climate change adaptation, labour studies, and environmental justice. More generally, it will be of interest to anybody seeking to understand how the changing climate is changing the terms, conditions, and politics of the global workplace.

Comprising five thematic sections, this volume provides a critical, international and interdisciplinary exploration of employment relations. It examines the major subjects and emerging areas within the field, including essays on institutional theory, voice, new actors, precarious work and employment. Led by a well-respected team of editors, the contributors examine current knowledge and debates within each topic, offering cutting-edge analysis and reflection. The Routledge Companion to Employment Relations is an extensive reference work that offers students and researchers an introduction to current scholarship in the longstanding discipline of employment relations. It will be an essential addition to library collections in business and management, law, economics, sociology and political economy.

Originally published in 1963, The Railwaymen recounts the struggle of the Amalgamated Society of Railway Servants from its foundation in 1872 until the first national railway strike in 1911 to gain recognition from the companies and a reduction in the excessive hours of labour and the scandalously high accident rate among railwaymen. Two chapters recall the decisive role of the union, through the Taff Vale and Osborne cases in shaping the modern labour movement. Founded through the merging of three unions in 1913, the NUR crossed swords with Lloyd George in the railway strike of 1919 and with Baldwin and Churchill in the general strike. It led the railwaymen through two world wars, helped shape the transport act of 1947 and, after 1951, thought for the re-establishment of an adequate system of public transport.

This book focuses on the neglected yet critical issue of how the global migration of millions of parents as low-waged migrant workers impacts the rights of their children under international human rights law. The work provides a systematic analysis and critique of how the restrictive features of policies governing temporary labour migration interfere with provisions of the Convention on the Rights of the Child that protect the child-parent relationship and parental role in children's lives. Combining social and legal research, it identifies both potential harms to children's well-being caused by prolonged child-parent separation and State duties to protect this relationship, which is deliberately disrupted by temporary labour migration policies. The book boldly argues that States benefitting from the labour of migrant workers share responsibility under international human rights law to mitigate harms to the children of these workers, including by supporting effective measures to maintain transnational child-parent relationships. It identifies measures to incorporate children's best interests into temporary labour migration policies, offering ways to reduce interferences with children's family rights. This book fills a gap that emerges at the intersection of child rights studies, migration research and existing literature on the purported nexus between labour migration and international development. It will be a valuable resource for academics, researchers and policymakers working in these areas. The Open Access version of this book, available at http://www.taylorfrancis.com/books/e/9781003028000, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license

"The author has done a service to this line of study by collating and analysing a novel dataset in a manner that is going to be of use for researchers of the labour market in India, a subject in need of critical enquiry."- Shanti Chakravarty, Professor of Economics, Bangor University, Wales, UK This book deconstructs the dynamics of the job market in an emerging economy (India) that has vast capital resources, addressing a key concern in relation to inequality in the labour market by social groups. The author examines the changing impact of caste on employment opportunity using two sets of large databases, and extends this analysis into religious affiliation and gender. The findings in this book will be of importance to those working in both research and policy, and makes an important contribution through addressing the decomposition of inequality based on disparity and discrimination.

The rapid rise in the earnings of top executives is a distinctive feature of modern capitalism. This important two volume collection presents some of the most influential published theoretical and empirical papers on executive compensation. Topics include: Theoretical Foundations of Executive Pay; Executive Compensation and Company Performance; Relative Performance Evaluation; Determinants of Executive Compensation; The Effects of CEO Pay; Accounting Measures in Executive Contracts; CEO Turnover; CEO Pay Internationally; Economic Environments and Executive Pay. The Economics of Executive Compensation draws together a wide range of literature and will be an essential reference guide for students, researchers and practioners.

Originally published in 1982, this was the first in-depth study of the labour system of the South African gold mining industry during the crucial years 1886 to 1906. It provided an insight into the early period but was relevant for much longer, as many of the policies decided upon in the formative years of the industry persisted. The book traces the growth of deep-level mining and covers the conflicts between miners and mine-owners . It discusses the effects on the gold mining industry of the Anglo-Boer War, and the role of the mine-owners in that conflict. It also examines the role of Chinese labour as a strategy in the defence of the labour structure and finally discusses the origins of the racially discriminatory legislation which characterized the Apartheid system.

This book analyses the historical context and progression of "significant innovations" beginning with the industrial revolution, starting around 1750 to the present. It explores the interrelationship, causes, and evolutionary process of contemporary "disruptive" inventions and the role played by global finance and international commerce to support these. First, the authors examine the environment and circumstances surrounding the inventors and explore their backgrounds to determine, why at a specific time, they identified a need that became the seed for invention and, what was their method of successfully commercializing their innovation. Secondly, they focus on the financing of the inventor, the innovation, and the commercialization of the invention(s). They analyze the changes in finance during the shift from a labor-based production process to a more capital-intensive production process, and what new financial products or financial markets were created to facilitate this transition. Third, they explore the impact of global commerce on the inventor country's innovation environment and international competition impacting the innovation's production, distribution, and sales, as well as, investigating any financial impact from the demand side and whether that impact was domestic or global in character. Furthermore, they consider if and how global finance and international commerce including the migration of people, together play a role in helping the disruptive invention satisfy a need in society, whether from a production or consumption perspective. Finally, they search for common elements that repeatedly inspired inventors and their disruptive innovations over time. This book will appeal to global government officials, business leadership, early career professionals, and students across a number of disciplines including finance, economics, business, engineering, and technology.

The characteristics, nature, determinants, and size of the informal economy differ from country to country. While much research has been carried out in the context of advanced economies, less attention has been given to developing countries, especially those in the Organisation of Islamic Cooperation (OIC) nations. This is one of the first books to investigate Islamic finance's stance on the informal economy and to discuss it from an OIC perspective. It covers the various definitions, historical development, types, and determining factors behind the shadow economy and the reasons for people's preference to join and stay in the informal economy. Similarly, different theories are discussed in detail, thus providing a deeper understanding of the subject matter. The book examines the indicators of the informal sector, such as unemployment, regulation, and taxation, and the effect of financial development and the role of financial inclusion in informal economy in the case of OIC countries compared to non-OIC countries. It defines the main features of the informal economy and discusses their implications for policy formation and implementation. Additionally, the author provides guidance on Islamic finance's role in the informal economy and offers policy recommendations in order to bring more people into the formal economy. The book presents deep and specialist knowledge on the shadow economy as well as facts and figures pertaining to OIC countries, and, as such, will open the door for future research in this important but understudied field, especially from an Islamic finance angle. It can be used as a comprehensive guide for students, academics, and researchers of Islamic studies, development economics, political economy, public policy, law, sociology, and anthropology.