The ideas behind economic democracy and financial participation are not new; the International Congress on Profit-sharing first met in Paris in 1889. The practical objective of many profit-sharing schemes was increased labour management co-operation. Some also had an ideal objective - the resolution of a perceived contradiction between concentrated wealth and power and the democratic ideal. In "Economic Democracy and Financial Participation", Daryl D'Art has two objectives. Firstly, to examine if, and under what conditions, profit-sharing schemes and employee shareholding can motivate workers and generate cooperative striving. Secondly, he identifies the schemes of financial participation which have the potential to realise economic democracy within the individual firm and society at large. To fulfill these objectives the author draws on the results of research carried out in the USA, Sweden, Denmark and Ireland. By making a comparative international study he contrasts an individualist approach to economic democracy with a collective approach. This book should be of interest to undergraduates and academics of economics, management, organizational behaviour, industrial relations, bu

Africa's international relations are in a state of transition as the continent enters the last decade of the twentieth century. Old assumptions about development, security, diplomacy and dependence are being challenged by new realities of debt, drought, devaluation and destabilisation. Collective self-reliance remains elusive despite the demise of nationalism. This collection identifies the major issues in Africa's foreign and development policies and prospects as she enters the 1990s.

This book discusses the feasible breakthrough of emerging economy enterprises in participating the international division of labor led by developed countries and gradually standing at the top end(s) of the value chain based on a deep understanding of the practice and upgrading opportunities of Chinese enterprises. On the basis of re-understanding the theory of global value chains, this book puts forward and expounds the concept of restructuring the global value chain. This book analyzes the background,motivations, paths and effects of enterprises in emerging economies to reconstruct the global value chain and develops a theoretical system to explore the deep-seated logic behind enterprise upgrading. This book concludes that the transformation and upgrading of Chinese enterprises are the most critical initiatives in seeking a new balance in the world economy. This book involves dozens of manufacturing enterprise cases in Chinese mainland and Taiwan. It is of great value to the research and policy study of enterprise upgrading and the participation in global competition.

This collection of essays introduces the thriving illicit industries and activities within the global economy whose growth challenges traditional notions of wealth, power, and progress. Through essays contributed by leading experts and scholars, "Deviant Globalization" argues that far from being marginal, illicit activities are a fundamental part of globalization. Narcotrafficking, human trafficking, the organ trade, computer malware, transnational gangs are just as much artifacts of globalization as are CNN and McDonald's, free trade and capital mobility, accessible air travel and container shipping. In fact, almost every technology, process, and regulation that enables mainstream globalization is an enabler of deviant globalization. This unique book explains why understanding deviant globalization as a systemic and integral part of globalization is crucial for setting up policies that will maximize the benefits of globalization and minimize its ill effects. Going beyond the usual pro/con arguments about globalization, "Deviant Globalization" seeks to initiate a critical debate about the choices it presents to governments, firms, supra-national organizations, and individuals. An accessible treatment of the underbelly of globalization, the book offers a systematic treatment of the difficult policy choices that it creates and describes a much more complex and symbiotic relationship between illicit and mainstream globalization.

Recent cataclysmic changes in the international economic order are shaping the global policy changes of the 1990s. In his final collection of essays, Belta Balassaa examines the implications of these recent changes for developed, developing and reforming socialist economies. Essays on the developing countries cover development strategies, adjustment policies, the public sector and financial liberelization. Essays on the reforming socialist economies cover econmic integration in Eastern Europe, foreign economic ties of the Soviet Union, and the use of indicative planning. Trade policy negotiations are covered in several essays on GATT negotiations and on hte consequences of the EEC enlargement. The volume closes with selected essays on trends in economic policies.

Growth patterns have changed radically over the last two decades, to which capital and the labour markets appear to have failed to adapt. Unemployment in Europe has been growing, almost without remission, to levels unseen since the Great Depression. These facts are somewhat at odds with the development of growth theory which has mainly been orientated towards an equilibrium full employment framework. The main message of equilibrium theory of fluctuations was precisely that the policy maker is impotent. Now, with the universal acceptance of endogenous growth theory, the common concensus proposition would be `we are all neo-classical for the short run and Keynesian for the long run' (investment being too important for growth to be left entirely in private hands).

This book offers a sharp, critical analysis of the rise and fall of the 2019 anti-extradition bill movement in Hong Kong, including prior events like Occupy Central and the Mongkok Fishball Revolution, as well as their aftermaths in light of the re-assertion of mainland sovereignty over the SAR. Reading the conflict against the grain of those who would romanticize it or simply condemn it in nationalistic fashion, Vukovich goes beyond mediatized discourse to disentangle its roots in the Basic Law system as well as in the colonial and insufficiently post-colonial contexts and dynamics of Hong Kong. He examines the question of localist identity and its discontents, the problems of nativism, violence, and liberalism, the impossibility of autonomy, and what forms a genuine de-colonization can and might yet take in the city. A concluding chapter examines Hong Kong's need for state capacity and proper, livelihood development, in the light of the Omicron wave of the Covid pandemic, as the SAR goes forward into a second handover era.

This timely and highly relevant book refocuses the discussion on supply chain innovation for an era of unprecedented challenges and opportunities in global supply chain operations. This third edition builds upon the ideas explored by the author in Competitive Supply Chains (2007, 2016), featuring new content and analysis, new case studies and a complete reassessment on the impact of new technologies, ESG requirements, and geopolitical challenges. Featuring case studies from European and Asian companies, this book is an essential resource for researchers and students of supply chain and operations management.

This book tells the story of Holocaust survivor and prominent banker Marcel Goldman, born in Krakow in 1926. Goldman started his studies in economics in Krakow and completed them in Israel, where he became a respected banker. In telling his story, this book analyzes Israel's social and economic development, its causes and circumstances. Following Goldman as our main character, we take a close look at the birth of the private banking sector and the building of modern economy in Israel. The book also describes the life of Polish Jews in Israel in general, the way in which they settled there, and built the prosperity of the state. The story of Marcel Goldman is an example of how Israel's success is the sum of its citizens' successes.

This book is the outgrowth of the editors' conviction that there is a need for a current and comprehensive examination of international economic issues within the framework of institutional economics. The volume covers the most important international topics that institutional economists historically have addressed. We hope that our initiative and necessarily limited choice of subjects will encourage additional applications of institutional economic theory to the international economy. For other economists, the analyses contained in the volume's dozen chapters afford an opportunity to become more aware of the theoretical work and policy recommendations of institutional economists. It may be surprising that, to an extent, evolutionary and neoclassical thinking converge and even sometimes overlap on the matter of trends and problems of the international economy. A case in point is the increased attention both schools devote to the role of technology in shaping patterns of world trade and specialization. In the past few decades, global shifts in comparative advantages, the widespread adoption of more flexible exchange rate systems, and the remarkable shifts in institutional arrangements and policy regimes in the former Soviet Union and East Asia have compelled a reassessment of conventional static trade theories based on neoclassical assumptions. Links among trade, international investment, and the diffusion of economic growth are being more closely scrutinized and better understood. This volume is an effort to expand and stimulate this discourse on the economics of international relations, including global economic development."

A jaw-dropping microhistory of the global economy over the last fifty years told through the many lives of a single ship.

At 94 meters long and 9,500 deadweight tonnes, once called the Bibby Resolution, is an unremarkable hulk, crossing the oceans unnoticed. And yet, the astonishing journey of this boat can tell us the story of the modern world.

First built as a Swedish offshore oil rig in the 1970s, it went on to become a barracks for British soldiers in the Falklands War in the 1980s, a jail off New York in the 1990s, a prison in Portland in the 2000s, and accommodation for Nigerian oil workers off the coast of Africa in the 2010s. It has been called Safe Esperia, HMP The Weare, even 'The Love Boat'. In each of its lives this empty vessel has been commanded by economic forces much larger than itself: private investment, war, mass incarceration, imperial interests, national sovereignty, inflation, booms, busts and greed.

Through its encounters with a world of island tax havens, the English court system, exploited labour forces, free banking zones or immigration politics, the ordinary boat at the heart of this story reveals our complex modern economy to us, connecting the dots of a dramatically changing world in the making, and warning us of its dangerous consequences.

Fills an important gap in the study of Africa's international relations and its engagement with rising economies in the Global South. When Lula da Silva became President of Brazil in 2003 he declared Africa a priority of his country's ambitious global foreign policy. During his presidency, Brazil became one of the key emergent powers in Africa through strengthening political ties, development cooperation and trade with the continent. While, the Dilma and Temer presidencies had other political priorities, strong links with the continent continued to exist. The authors trace the longhistory of Brazil-Africa relations from the early 16th century and the slave trade, through their decline during European colonialism, their resurgence following many African countries' independence, fluctuations during Brazil's military rule in the 1960s and '70s, to the expansion of its interests under Lula and the first years under Dilma. Taking a broad range of perspectives, they examine: the way in which the rights of those of African descent have become increasingly recognized without having brought racial equality; the strengthening of bilateral and multilateral links with the continent and the growth of South-South cooperation; and Brazil-Africa relations in the South Atlantic context. The final chapter looks at the wider implications of the present political and economic crises for Brazil's future foreign policy in Africa, and the likely impact of new president Jair Bolsonaro elected in late 2018. Gerhard Seibert is Lecturer at the Universidade da Integracao Internacional da Lusofonia Afro-Brasileira (UNILAB), Brazil; Paulo Fagundes Visentini is Historian and Full Professor of International Relations at the Universidade Federal do Rio Grande do Sul (UFRGS).

Nowhere is the historic global transformation creating a new international context more striking than in East and South Asia. Leading specialists here discuss key economic and political changes within the region, and the impact of the Asian economic miracle on global politics and international relations. Prospects for growth, democracy and security are investigated in depth as well as their implications for other powers in the post cold-war world.

This seminal book results from a NATO Advanced Research Workshop at the University of Cambridge with Russian co-directorship, enabling the first formal dialogue between NATO and Russia about security issues in the Arctic Ocean. Involvinginterdisciplinary participation withexperts from 17 nations, including all of the Arctic states, this workshop itself reflects progress in Arctic cooperation and collaboration. Interests now are awakening globally to take advantage ofextensive energy, shipping, fishing and tourism opportunities in theArctic Oceanas it is being transformed from a permanent sea-ice capto a seasonally ice-free sea. This environmental state-changeis introducing inherent risks of political, economic and cultural instabilities that are centralized among the Arctic states and indigenous peoples with repercussions globally. Responding with urgency, environmental security is presented asan" "integrated approach for assessing and responding to the risks as well as the opportunities generated by an environmental state-change."" In this book diverse perspectives on environmental security in the Arctic Ocean are shared in chapters from high-level diplomats, parliamentarians and government officials of Arctic and non-Arctic states; leaders of Arctic indigenous peoples organizations; international law advisors from Arctic states as well as the United Nations; directors of inter-governmental organizations and non-governmental organizations; managers of multi-national corporations; political scientists, historians and economists; along with Earth system scientists and oceanographers. Building on the" common arctic issues " of " sustainable development and environmental protection " established by the Arctic Council environmental securityoffers an holistic approachto assess opportunities and risks as well as developinfrastructure responses with law of the sea as the key" international legal framework " to " promote the peaceful uses " of the Arctic Ocean. With vision for future generations, environmental security is a path to balance national interests and common interests in the Arctic Ocean for the lasting benefit of all."

The paradox of "globalization" is that it both weakens and activates social forces of resistance. This book established the centrality of "the political" in our understandings of globalization and explores the new "strategies of resistance" emerging on local, national, regional, and global scales. Its impressively wide-ranging set of contributors engage in re-thinking what practices now constitute viable political strategies in the world economy.

The concealment of income, wealth and profits in tax havens has brought the topic of offshoring into public debate, but as John Urry shows in this important new book offshoring is a much more pervasive feature of contemporary societies. These often secretive activities offshore also involve relations of work, finance, pleasure, waste, energy and security. Powerful and pervasive offshore worlds have been generated, posing huge challenges both for governments and for citizens. This book documents the various patterns of offshoring D of the economy, sociability, politics and the environment. In each case, offshoring generates new patterns of power, reduces the responsibilities of the powerful 'offshore class', and limits the conditions for democratic governance. Offshore, out of sight, over the horizon are some of the troubling processes and metaphors by which much life has been rendered opaque and dependent upon secrets and lies. By analysing these patterns and processes, Urry sheds fresh light on the hidden worlds of offshoring and exposes the dark side of globalization. The book concludes by considering whether offshoring can be reversed D whether it is possible to bring about the systematic reshoring of relations that would be good for democracy and for developing low-carbon futures. Urry portrays the coming century as being poised between even more extreme offshoring and various endeavours to bring back 'home' that which has currently escaped 'over the horizon'.

Borrowing is a crucial source of financing for governments all over the world. If they get it wrong, then debt crises can bring progress to a halt. But if it's done right, investment happens and conditions improve. African countries are seeking calmer capital, to raise living standards and give their economies a competitive edge. The African debt landscape has changed radically in the first two decades of the twenty-first century. Since the clean slate of extensive debt relief, states have sought new borrowing opportunities from international capital markets and emerging global powers like China. The new debt composition has increased risk, exacerbated by the coronavirus pandemic: richer countries borrowed at rock-bottom interest rates, while Africa faced an expensive jump in indebtedness. The escalating debt burden has provoked calls by the G20 for suspension of debt payments. But Africa's debt today is highly complex, and owed to a wider range of lenders. A new approach is needed, and could turn crisis into opportunity. Urgent action by both lenders and borrowers can reduce risk, while carefully preserving market access; and smart deployment of private finance can provide the scale of investment needed to achieve development goals and tackle the climate emergency.

This book describes and analyzes the formation, operation, and impacts of modern global cartels. It provides a broad picture of the economics, competition law and history of international price fixing. Intensive case studies of collusion in the markets for lysine, citric acid, and vitamins offer a deep, detailed understanding of the phenomenon. The author assesses whether antitrust enforcement by the European Union, the United States, and other countries can deter cartels.

This volume studies the effects of alternative exchange rate regimes on accession countries in Central and Eastern Europe. The study uses different types of macro models and studies the sustainability and robustness of monetary policy practices.

The Move to the Market? brings together recent contributions that critically review and examine the role that trade and industry policy reforms have played in the transitional economies. It relates trade and industry policy to the wider set of reforms being implemented as part of the process of moving from a predominantly centrally planned to a more market-oriented economy. The book highlights the different and complex patterns of development that are emerging between the transitional economies of Europe, Africa and Asia.

A combination of economic knowledge and accounting expertise provides a better understanding of problems of change within certain Pacific Basin nations. The role of accounting services firms in producing international linkage needed as a foundation for economic growth is described. An understanding of the impact of these firms on business operations among the nations of the Pacific Basin is provided. The focus is on the growth prospects for the accounting services firms in various area nations.

This book presents a scientific view of fighting climate change in the economy of the future, the foundations of which are being set around the world. The authors substantiate the potential of Industry 4.0 in stimulating sustainable development in environmental protection and preservation of natural resources. This book considers the modern experience of fighting climate change based on possibilities of Industry 4.0 at the national scale in view of developed and developing countries with a special focus on Russia and at the corporate scale by the example of transnational corporations. It determines the future contribution of Industry 4.0 into development of responsible production and consumption, and compiles the "outlines" of "green" economy in Industry 4.0. It offers recommendations for control of climate change in Industry 4.0, and presents the authors' vision of ecological responsibility in Industry 4.0 for implementing the sustainable development goals. This book will be of interest to academics and practitioners interested in climate change and development of Industry 4.0, as well contributing to a national economic policy for fighting climate change and corporate strategies of sustainable development in Industry 4.0.

China's enhanced role within the global economy has profound political implications across the world, but takes a particular form in Africa. Over the past few years China has given much aid and technical support to Africa and for the first time since the end of the Cold War African leaders have genuine choices about which aid donors and investors to work with. But does this translate into development for African countries? How do other donors react? What do 'ordinary' Africans make of it? And how does it impact on wider geopolitics? These pressing questions are addressed through a systematic theorization of the 'China-Africa' relationship. Using detailed case study material collected in Africa the authors paint a picture of gains for some states, but losses for others. Looking beyond the state they see an even more complex picture of evolving social relations between Chinese and Africans and a troubling ecological footprint.

The global health crisis, exacerbated by the COVID-19 outbreak, has challenged all sectors of society, including health, economics, finance, and social inequality. The threats and complexities from the COVID-19 pandemic shock are the core subject of this latest volume in the Contributions to Economic Analysis series. The Economics of COVID-19 contains selected contributions analysing the effects of this pandemic, covering macroeconomics, computable general equilibrium models, financial markets, the reduction in seismic noise due to the slowdown in traffic and economic activities caused by the spread of the virus, the rapid surge in the digital transformation of production and consumption. Also included are health studies proposing to improve the traditional epidemic models, the effects of the pandemic on mental health, Minority Ethnic Groups in the UK, as well as the Lombardy region in Italy. The aim of this collection is to spur much needed research into the effects of COVID on the global economy, the health, and financial sectors, as well as its effects on development and growth and economic inequality.

This volume presents advanced quantitative methods and applications in economics with special interest in macroeconomics, microeconomics, financial economics, international economics, agricultural economics, and marketing and management. Featuring selected contributions from the 2021 International Conference of Applied Economics (ICOAE 2021) held in Heraklion Crete, Greece, this book provides country specific studies with potential applications in economic policy.