Microfinance institutions (MFIs) provide a public good: they provide income-creating financial services to un-bankable people. If MFIs create and deepen markets where none existed before, there may be a case for public support. While subsidies are generally not favorably seen in financial sector development, being difficult to target and possibly distorting the local financial market, there may be situations where the net social benefits of micro-finance may exceed those of not doing anything and of alternative anti-poverty programs. Under such circumstances longer-term public support may be justifiable. This book is based on a study of forty-five MFIs carried out by ILO, in partnership with the Universities of Geneva and Cambridge. The application of factor analysis and cluster analysis shows that MFIs form clusters in terms of social and performance. Within each cluster there is one institution that is most efficient on both scores. Public support should ensure that the relative efficiency of MFIs is enhanced, it should not prod MFIs to modify their mission and position between poverty outreach and profitability.

Demographic change is one of the most crucial issues of our time. This book sheds light on the demographic implications companies face. Based on an integrated framework, the book investigates three important perspectives: An economic and social perspective helps organisations and managers better understand the basic parameters of demographic change and its influences on the labour market. A human resources and leadership perspective reveals how age management can help retain employees of different age groups as motivated and productive workforce members. An innovation and marketing perspective examines how companies can exploit the potentials that senior customers offer. A combination of research-driven and practice-oriented chapters makes this book a profound and an interesting read. It primarily addresses executives from various organisational fields, including HR, marketing, and management. Professional trainers, scholars and students of economy and business will also gain valuable insights."Dr. Guenter Pfeiffer, Chief Personnel Officer and member of the Executive Board, Swisscom Group"

"New approaches are required to restructuring, redeployment and age management that go beyond the typical instruments of part-time models and flexible retirement schemes."

"Dr. Guenter Pfeiffer, Chief Personnel Officer and member of the Executive Board, Swisscom Group"

"Recognising the business consequences of the demographic developments and taking these into consideration are imperative for the competitiveness of not only companies, but also entire economies."""

"Bundespraesident a.D. Prof. Dr. Roman Herzog"

"Former President of the Federal Republic of Germany"""

Informality and informal employment are wide-spread and growing phenomena in all regions of the world, in particular in low and middle income economies. A large part of economic activity in these countries is not registered or under-declared and many workers enter employment relationships that do not provide any or only partial protection, work with little or no physical capital, receive low wages and work under conditions that can be hazardous to their health. This volume sheds light on the incidence and persistence of informality and the role of institutions and government regulations. The articles offer insights into issues such as how labor and tax regulations determine the incidence of informality, whether reforms on tax and other regulations can reduce informal employment, to what extent informality occurs as a result of job separations, how persistent is informal employment, how informal employment can be detected and whether migration can be a substitute for informal employment.

The Routledge Handbook of the Anthropology of Labor offers a cross-cultural examination of labor around the world and presents the breadth of a growing and vital subfield of anthropology. As we enter a new crisis-ridden age, some laboring people are protected, while others face impoverishment and death, as they work in unsafe conditions, migrate to gain livelihoods, languish in the unwaged sector, and become targets of law enforcement. The contributions to this volume address questions surrounding the categorization and visibility of work, the relationship of labor to the state, and how divisions of labor map onto racial, gendered, sexual, and national inequalities. In addition to the emotional dimensions and subjectivities of labor, the book also examines how laborers can articulate common experiences and identities, build organizational forms, and claim power together. Bringing together the work of an impressive group of international scholars, this Handbook is essential for anthropologists with an interest in labor and political economy, as well as useful for scholars and students in related fields such as sociology and geography.

Over the past few decades, the world economy has undergone radical transformations, in part connected to the expansion of the 'digital economy', in part to the growing interconnection via the internet of the world of objects and physical processes. This 'great transformation' poses the dilemma on the capitalism's ability to reconcile economic and social value, keeping together economic well-being, social cohesion and political freedom. The Economy of Collaboration can offer a contribution in this direction but requires courageous policies to mediate the various interests at stake, as well as to rethink and make more sustainable its development, by increasing the benefits not only for businesses but also for workers and consumers. In short, to create shared value. This book refers to a mode of organizing the production, distribution and consumption of goods and services based on cooperative relations. The main reference is to activities linked to the digital economy, since they are the emerging forms of a definitely older phenomenon, but which is expanding on an ever-wider scale thanks to new technologies. These collaborative activities can be regulated differently, along a continuum that ranges from the pole of market exchanges to that of generalized reciprocity, with various intermediate mixed forms.

The Handbook brings together a systematic review of the research topics, empirical findings, and methods that comprise modern labor economics. It serves as an introduction to what has been done in this field, while at the same time indicating possible future trends which will be important in both spheres of public and private decision-making.
Part 1 is concerned with the classic topics of labor supply and demand, the size and nature of the elasticities between the two, and their impact on the wage structure. This analysis touches on two fundamental questions: what are the sources of income inequality, and what are the disincentive effects of attempts to produce a more equal income distribution?
The papers in Part II proceed from the common observation that the dissimilarity in worker skills and employer demands often tempers the outcomes that would be expected in frictionless labor markets. And the last
section of the Handbook deals explicitly with the role of institutional structures (e.g. trade unions) that now form an important part of modern labor economics.

This book investigates the population and labour management reforms implemented since the reform and opening up of China in the early 1980s, giving insights into the economic and social implications of these reforms and future prospects for population governance. The study examines three major components of China's population management strategy in terms of its history and implementation: the household registration (Hukou) system, family planning policy, and the labour market system. Grounded in both qualitative and quantitative analysis, key metrics are introduced to better understand the Hukou system on the one hand while exploring the socio-economic issues arising from the policy, including the economic behaviour or residents, fertility, care of older people, entrepreneurship, institutional premiums and gender wage differentials. Based on these investigations, the author advances constructive suggestions to inform policymaking, aiming to deepen market-oriented reform of the economic system and improve social welfare in China. The title will be a good reference for academics, students and policy makers interested in social policy, labour economics and especially China's population and labour policy and Chinese economy and society.

This book brings together leading scholars in the field to provide insights on economics of education. The book begins with an overview of education and human capacity development and looks at the production of education through individuals' learning, education financing, and the role of individual circumstances. It also analyses the complex relationship between education and mobility and highlights what key challenges for education systems in a global world are. Each chapter provides detailed analysis of interesting and policy-relevant topics in the fields of education economics and human capacity development. This book is a useful reference for those who wish to understand the changing landscape and models of higher education in the context of digital advances and innovation. It will also be of interest to those in the areas of education and training.

Sustainable Work in Europe brings together a strong core of Swedish working life research, with additional contributions from across Europe, and discussion of current issues such as digitalisation, climate change and the Covid pandemic. It bridges gaps between social science and medicine, and adds emphasis on age and gender. The book links workplace practice, theory and policy, and is intended to provide the basis for ongoing debate and dialogue.

Wassily Leontief (1905-1999) was the founding father of input-output economics, for which he received the Nobel Prize in 1973. This book offers a collection of papers in memory of Leontief by his students and close colleagues. The first part, 'Reflections on Input-Output Economics', focuses upon Leontief as a person and scholar as well as his personal contributions to economics. It includes contributions by Nobel Laureate Paul A. Samuelson who shares his memories of a young Professor Leontief at Harvard and ends with the last joint interview with Wassily and his wife, to date previously unpublished. The second part, 'Perspectives of Input-Output Economics', includes theoretical and empirical research inspired by Leontief's work and offers a wide-ranging sample of the state of interindustry economics, a field Leontief founded. This is a strong collection likely to appeal to a wide range of professionals in universities, government, industry and international organizations.

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.

Against the background of the global economic crisis since 2007/2008 and increasing inequality across the world, the Global South has experienced widespread, large-scale industrial action, including in countries such as China, Brazil, India and South Africa, which had been hailed as the new growth engines of the global political economy as part of the so-called BRICS. This volume systematically evaluates how the new forms of labour mobilization witnessed in the past ten years responded to the predominance of the informality-precarity complex of industrial relations and what conclusions can be drawn for potentially successful strategies against exploitation in the future. Can we identify a convergence of new approaches across the Global South, or do we witness an ongoing fragmentation of actors, models and strategies? In addressing this question, consideration is given to issues of class as well as gender and race. The chapters in this book were originally published as a special issue of the journal Globalizations.

This book employs the image of "shrapnel," bits of scattered metal that can hit purposeful targets or unwitting bystanders, to narrate the story of workplace power and gender discrimination. The project interweaves stories of gender shrapnel with an examination of national rhetoric surrounding business, education, and law to uncover underlying phenomena that contribute to discourse on privilege and gender in the academic workplace. Using concrete examples that serve as case studies for subsequent discussion of data about women in the workforce, language use and misuse, sexual harassment, silence and shutting up, and hiring, training, promotion, and the glass ceiling, Mayock explores the deeper implications of gender inequity in the workplace.

The book examines the effect of labour markets on economic performance in an international perspective; Europe, Japan and the US. Labour markets are an important determinant of the performance of both national economies and individual firms, as well as employment rewards such as wages and satisfaction levels. Many countries in Europe suffer from a high level of unemployment. The US economy suffers from low real income growth and widening wage dispersions. The level of worker satisfaction in Japan is relatively low despite her relatively better economic performance. The purpose of this book is to investigate these issues, and to provide readers with explanations of these phenomena and the differences in the performance of labour markets in Europe, Japan and the US. The book includes both theoretical and empirical studies of various countries undertaken by leading labour and macro economists, and presents several policy suggestions.

Focusing on the experiences of foreign employees working in Japanese firms, this book identifies the trends and realities facing both expatriates and firms in the current landscape of the Japanese labour market. By utilising interview data from both expatriates and Japanese HR staff, this study identifies the fact that self-initiated expatriates often do not remain in Japanese firms for long and highlights the main factors that influence their decisions to leave; including difficulty adjusting to Japan's lifetime employment system, seniority-based pay, and the prevalence of unpaid overtime. The book reveals that whilst Japanese firms are adjusting to improve the retention of foreign employees, there remains a clear expectation gap between the two sides. Moreover, it outlines further potential adjustments that could be implemented to reduce the turnover rate of expatriates and create a more harmonious workplace both for expatriates and for local employees. This is an urgent challenge for Japan as it faces labour shortages. Featuring an in-depth exploration of first-hand experiences from direct testimonies of expatriates in Japanese firms, this book will be a valuable resource for academics and students of Japanese studies, human resource management, and organisation studies.

The conditions for non-EU migrant workers to gain legal entry to Britain, France, and Germany are at the same time similar and quite different. To explain this variation this book compares the fine-grained legal categories for migrant workers in each country, and examines the interaction of economic, social, and cultural rationales in determining migrant legality. Rather than investigating the failure of borders to keep unauthorized migrants out, the author highlights the different policies of each country as "border-drawing" actions. Policymakers draw lines between different migrant groups, and between migrants and citizens, through considerations of both their economic utility and skills, but also their places of origin and prospects for social integration. Overall, migrant worker legality is arranged against the backdrop of the specific vision each country has of itself in an economically competitive, globalized world with rapidly changing welfare and citizenship models.

Most of the scholarship on the Job Guarantee up to now has been in the context of industrialized nations such as the United States and Australia. Employment Guarantee Schemes directs attention to challenges and opportunities of enacting direct job creation policies in developing countries and BRICS, including China, Ghana, Argentina, and India. This book also investigates how the Job Guarantee might interface with other policy goals, such as environmental sustainability. Eschewing narrow individualistic and economistic approaches, these interdisciplinary, historical, and comparative studies delve deeper into how both unemployment and true full employment can affect community.

This book analyzes the consequences that would arise if Germany's means-tested unemployment benefits were replaced with an unconditional basic income. The basic income scheme introduced is based on a negative income tax and calibrated to be both financially feasible and compatible with current constitutional legislation. Using data from the German Socio-Economic Panel (GSOEP) the author examines the impact of the reform on the household labor supply as well as on both poverty and inequality measures. It is shown that by applying reasonable values for both the basic income and the implied marginal tax rate imposed on earned incomes, efficiency gains can be reconciled with generally accepted value statements. Furthermore, as the proposal includes a universal basic income for families, child poverty could be reduced considerably. The estimates are based on the discrete choice approach to labor supply.

Although it does not seem unusual to us that professionals be compensated for the product or service they provide, there are some professions that make us feel uncomfortable with the necessity of payment. "Paying the Doctor" explores this dilemma as it relates to the health care field. It analyzes and explains the roles of the health care provider, patient, and market influences in cost and reimbursement. Part introductions to each section familiarize the reader with the specific concerns it contains, and an overall conclusion describes the major points of a planned future payment system.

The goal of this volume was to create a book that was general enough to serve as an introduction for members of the health care field and sophisticated enough to appeal also to researchers. To achieve this, editor Jonathan Moreno enlists the aid of a diverse group of professionals: health care providers, economists, historians, philosophers, and others. They begin by providing a series of studies that describe and apply various frameworks for analyzing physician payment, the first of which shows exactly what an enormous challenge the entire subject of reimbursement poses. The following section studies various payment mechanisms. Successive sections study specific professional groups and the Medicare system. Based on this information, a new payment system expected to be introduced within a few years is discussed.

This book examines international labour migrants in the context of South-South migration with a focus on Bangladeshi migration to Singapore. Two principal questions in the South-South migration are addressed: Why and how individuals migrate for work; and what impact this temporary form of migration has for migrants and their families. The book adopts a relatively new methodological approach to labour migration by linking different phases that migrants undergo in the migration process and by combining migrants in the host country with their families in the origin country. This is achieved through identifying and addressing six key areas: (i) migration policy, (ii) social imperatives of migration (iii) recruitment, (iv) social worlds of the migrants, (v) remittance process, and finally, (vi) family development dynamics. This book introduces the bari to migration research as a unit of analysis over and above individual and family units. The book reveals how social and cultural forces both initiate and perpetuate migration, and later on influence bari dynamics.

1. The text explores highly complex topics with simple, non mathematical approach for managers rather than economists. 2. The editions have always been well-received in US market and the newest edition has been updated with behavioural economics, case studies on Amazon, Spotify, Uber, TikTok, England National Health Service and other topical businesses. 3. Includes case studies, discussion questions and examples to illustrate the principles. 4. The book will be updated with bigger font and come in color.

This volume contains 13 new and important never before published chapters covering aspects of the employer-employee relationship. The volume is focused at the academic audience, but is also geared to government and business policy makers worldwide. The chapters use data from the US, Europe, Asia, and the Middle-East to answer a number of vital labor market questions. These include: Why has part-time work increased so dramatically in the 15 European Union countries? What changes in retirement behavior will be expected as countries change pension laws? Why do firms often use fixed-term instead of long-term employment contracts? How do employee work interruptions affect occupational choice? Why do both employers and employees often prefer additional fringe benefits to wage increases? Do academic certifications really signal higher worker quality? How is an individual's work ethic influenced by others in residential neighborhoods? And, why do risky jobs often pay lower wages when one might expect employees need better remuneration to take dangerous jobs?

Understanding the factors that affect how one transitions from school to the labor market and finally to retirement is important both to the individual and to the policy maker. This volume contains seven original and innovative articles that analyze aspects of such labor market transitions. Questions answered include: How did hiring and firing decisions change for blacks and Hispanics relative to whites in the Great Recession? Can redesigning the minimum wage lead to more efficient employment transitions and greater social welfare? What are the factors leading a company to fast-track an employee? How does the number of layers in a company's hierarchical structure affect one's ability to be promoted? Do women gravitate to more socially caring occupations because they care more than men? Does gaming among youth increase math scores more for boys than girls? And, does good health impede one's inclination to retire?

This handbook provides an overview of research related to smart technologies and how they permeate the economic and social fabric. It covers a wide spectrum of topics and issues raised in the debate surrounding the increasing importance of smart technologies. It takes on a strongly multi- and interdisciplinary perspective, providing readers from different backgrounds and with varying knowledge of this topic with a comprehensive and comprehensible overview of the main upcoming technological trends from a scientifically eclectic viewpoint. This handbook draws together an international team of researchers from different scientific disciplines. The list of contributors comprises authors from Europe, North America, Australia and South Korea, and includes both internationally outstanding scientists and experts from a more policy-related and/or industry-related background.

This volume contains empirical analyses of European psychologists and sociologists on the impact of job insecurity on trade union membership, activism and upon the attitudes of individual workers towards unions. Little is currently known about the impact of job insecurity on the union participation of workers, which is significant given the importance of trade unions in European collective bargaining systems. This volume reports innovative and pioneering research on this research gap. It answers questions such as: do workers more easily join unions because of job insecurity, or does it make them leave the union? Does it influence participation in work's council elections or affect the intention to become a union activist? And are workers less satisfied and less committed to their unions when they experience job insecurity? The book contains recommendations for policy makers, social partners and practitioners in the field of work and organizations.