Societal grand challenges have taken a toll on humanity, which finds itself at a crossroads. The concentration of wealth and economic inequality, the dominance of Big Tech firms, the loss of privacy and free choice, and the overconsumption and abuse of natural resources have been reinforced by globalization. Regulation, legislation, international treaties, and government and corporate policies have fallen short of offering sufficient remedies. This book identifies the root cause of these problems and offers a bold solution: a new economic system, free from the design flaws that have contributed to these societal grand challenges. The proposed cooperative economy is an ethical community-driven exchange system that relies on collective action to promote societal values while accounting for resource constraints. Unlike the modern economic system that is predominantly driven by opportunistic behavior, the cooperative economy moves away from a materialistic orientation and follows a more balanced perspective that leverages prosocial behavior. The book explains how this new system adopts design principles that promote self-sufficiency of communities, sustainability and entrepreneurship while limiting overconsumption and excessive profit-making. It enhances economic equality by leveraging price subsidization and by restricting salary differences. The book describes how the system serves the interests of consumers, vendors, and employees while preventing the accumulation of power by the platform owner who operates this system. This book is invaluable reading for policymakers who have been searching for solutions to some of the grand challenges that our society faces, and to managers who have sought alternative ways to cope with platform ecosystems, resource shortages, and supply chain disruptions. It revisits long-held assumptions, offering a treatise and food for thought, as well as a plan for concrete action. The book is also highly relevant to scholars and students in the study of economics, strategy, innovation, and public policy and to all readers who are concerned about the future of our planet and society.

This volume offers to compare and explain variances of regionalism in Asia by disclosing the distinctive features of regional arrangements and how they evolved during the 1990s and 2000s against the background of a changing global environment. Moreover, it takes up a genuinely 'inter-Asian' perspective. By analysing and comparing diverse manifestations of regional integration agreements across Asia and its different sub-regions, it sets out to track their common characteristics and sub-regional facets with respect to their establishment, design and consequences. In addition, political processes accompanying their negotiation and implementation are scrutinized. The analysis encompasses nine case studies written by renowned scholars who together as a group combine an extraordinary mixture of different disciplinary backgrounds as well as expertise on shapes and processes of regional integration in different parts of Asia. The case studies seize on some of the most important features and controversial issues characterizing the second regionalism. Such are the emergence and impact of overlapping FTAs, regional financial and sub-regional economic integration and cooperation, power and the politics of regional integration as well as the nexus between conflict resolution, state failure and regional integration.

Can we abolish global poverty? Should we do away with foreign aid? Is the United Nations redundant? Why should I bother? Can I help?Mike Edwards offers timely answers to issues that have been propelled to center stage. "Future Positive" is a comprehensive and authoritative rethink of an international system facing a period of unprecedented change. In a world of globalizing markets, eroding state sovereignty, expanding citizen action and uncertainty about fundamental truths, what is the best way to tackle problems of global poverty and violence?Michael Edwards charts a "third way" between heavy-handed intervention and complete laissez-faire. Covering an enormous amount of ground in clear, lively and non-technical terms, "Future Positive" explains how the international system operates, the pressures it faces, and the changes it must undergo, and offers concrete new ideas to re-frame international relations and foreign aid.

Transnational commons, cross-border areas without well-defined property rights, have long been ignored in 'official' development economics. This volume redresses the balance by adopting an environmental approach which stresses the importance of shared natural resources and the links between acute poverty and environmental degradation. The Economics of Transnational Commons draws together eminent contributors from fields as diverse as law, population studies, social anthropology, biological sciences, and economics, to present authoritative accounts that combine empirical case-studies with rigorous theoretical foundations. Despite the milti-disciplinary approach, the main focus of the articles is the same: that the reciprocal externalities and problems of free-riding created by any common resource are complicated in the case of transnational commons by difficulties in monitoring, enforcement, and unequal access to information. Often using theories of negotiation taken from game theory, the studies then suggest possible solutions, both at an institutional and educational level. In order to make these materials suitable for teaching purposes, the authors have been encouraged to survey their topics rather than present their most recent findings. A companion publication, The Environment and Emerging Development Issues Volumes 1-11 (edited by Dasgupta and Mahler), deals with national environmental issues.

The World Bank is the key institution through which rich nations channel resources to poorer ones. Yet it was established over 50 years ago in a radically different international environment, and constantly re-invented itself in the intervening decades. What drives this evolution? This text considers the nature of change at the World Bank, exploring both the external impetous for change, and the impact of the Bank's internal organization and culture. The author's findings are supported by case studies of three of the Bank's most important new agendas: private sector development, participation, and governance. Michelle Miller-Adams finds that traditional international-relations based approaches, which focus on states and power, are inadequate for explaining institutional change at the World Bank. Attention must be paid to the Bank's internal processes, especially the technical and apolitical norms that form an intrinsic part of its identity. This identity, which dates from the Bank's earliest days, continues to shape its response to new demands and affect its ability to meet the needs of a changing world.

The COVID-19 pandemic has led to further acceleration of digitalisation in all areas. This caused significant changes in economic and social life. Through digitalisation, the need for people in business life has decreased and has forced the traditional employment structure to change. During the pandemic period, some segments enjoyed the advantages of owning digital technologies, while others remained strangers to the new world because they were deprived of digital technologies, revealing the inequality of opportunity on an individual or social basis. Although this rapid change produced positive results, it also brought about risks. To help mitigate such emerging risks, The New Digital Era's two volumes vitally generate new information in order to determine the advantages and risks in which areas this digitalisation, which has increased with the COVID-19 pandemic. The chapter authors highlight the new social and economic policies that are needed to balance the effects on social and economic life and prevent possible conflicts between individuals and societies Contemporary Studies in Economic and Financial Analysis publishes a series of current and relevant themed volumes within the fields of economics and finance. Both disciplinary and interdisciplinary studies are welcome.

This collection is a sober assessment of the state of regional integration in Latin America and the Caribbean. It studies the question from four perspectives: economic, institutional, political, and in relation to the rest of the world. It considers the questions raised by LAC countries' efforts to use 'new' regionalism to address the challenges of globalization and to explore the nature and meaning of open regionalism. This thematic treatment draws on the experience of the different schemes currently in place in the region: NAFTA, CACM, CARICOM, the Andean Community and MERCOSUR. It also examines the nature of globalization, including concerns over the relationship between regionalism and the multilateral system. There is now a broad consensus among LAC countries that regional integration can help them adjust to the new world order, but there is much less agreement on how to achieve it and what reforms are needed to bring it about.

Peter Burnham presents a detailed, archive-based account of the keys aspects of international monetary relations in the 1950s focusing in particular on Anglo-American policy surrounding the restoration of sterling convertibility. He argues that in 1952 the British government had a unique opportunity to take an almost revolutionary step in the external field to transform the international political economy (through the abolition of the fixed rate system, the International Monetary Fund, and the European Payments Union) and restructure Britain's domestic economy to tackle longstanding productivity, export and labour market problems.

It is said that a little knowledge is a dangerous thing. It is a time honored cautionary statement that has suddenly acquired a new urgency. A little knowledge is dangerous, because as a force for dramatic change, knowledge today is revolutionary. More is known and being learned everyday than was ever known or learned before. As a direct result, the pace of change-and that means change in the sense of everything from business to economics, science, medicine, and politics-is beginning to accelerate much more rapidly than ever before in mankind's history.
The purpose of this book then is twofold. First it is to provide a broader case for action for knowledge management-to explain what it is, why it has come about and why it is important. In this regard, we take a step back and try to understand the root causes behind the knowledge management techniques are very different, and in many ways more important, than the sort of process or productivity improvement techniques we have dealt with before.
"Brains, not brawn. The success of countries, companies and people in the next century will depend on what they know and how clever they are at using this knowledge. Dale Neef has given us the best outline yet of the forces behind this extraordinary change in the world economy, the threats and opportunities we all face, and the prizes that await the winners."
-Hamish McRae, author, The World in 2020, Associate editor, "The Independent," London
"Dale Neef has produced a singular achievement: a book which lucidly
explains the powerful driving role being played by knowledge in the emerging global economy. He provides a penetrating, all-too-rare trans-national perspective whichhighlights in a highly readable manner the historical, social and technological context within which this revolution is taking place. In doing so, he has stripped away the hype and jargon with which many knowledge management "experts" have clouded this structural change in the global economy.
Mr. Neef offers a fascinating array of facts to support his explanations and goes on to discuss the implications of these developments for managers, for companies and for national governments. This book is a must-read for anyone actively engaged in global business today."
-Jon Lowe, Former U.S. Deputy Assistant Secretary of Labor
"A Little Knowledge Is a Dangerous Thing provides a very comprehensive view of the impact that the knowledge revolution on our 21st Century society. The economic dislocations that Dale Neef describes are already taking place, creating the prospect that large segments of our population may not have the skills for sustainable employment in the future. The implications of these events on the social and political fabric of our country give one great pause for reflection and concern."
-William R. Brody, President, The Johns Hopkins University
"Once again, Dale Neef combines just the right amounts of theory, academia and practical business experience to write a truly insightful book. In his consulting work, Mr. Neef's broad business, cultural and educational background has allowed him to analyze problems from a rich variety of perspectives. In this book, he artfully applies this skill to Knowledge Management."
-James R. Breakey, Senior Vice President, Chief Information Officer, Green Tree Financial Corporation
"This book is full of facts... that we needto understand if we are to draw critical conclusions about how the knowledge economy is impacting our businesses and our lives. Neef provides us with a broad perspective, concentrating not just on the US, but including insightful comparisons with Canada and Europe as well as many developing countries. The numbers provide an eye opening look at what has changed and what is changing in the knowledge economy...It is a book that challenges our thinking and ...provides a much needed conceptual framework to guide the actions organizations will need to take in the knowledge economy."
-Nancy M. Dixon, Associate Professor of Administrative Sciences, The George Washington University
"Leveraging employee knowledge has become a strategic necessity for all "high road" companies, and organizations must optimize knowledge management techniques in the new global economy. Ford understands the need to capitalize on the knowledge of our employees in order to improve our business and enhance shareholder value in what is now a knowledge-based, global economy."
-Dar Wolford, Ford Manager, Best Practice Replication
- Marries international knowledge management and economics
- Provides a broader business case for action based on clearly defined collective set of policies and practices
- The only book we know that explains the cause and effect relationship between the global knowledge-based economy and knowledge management

This book explores the reactions to Europeanization and globalization in times of economic distress, including the transformation of European values in national legal cultures. The authors explore how European values, tradition and new legal challenges interconnect and dictate the paths of transition between old and new Europe. The first chapter starts with a question: can Roman Legal Tradition play a role of identity factor towards a New Europe? Can it be considered as a general value identifying new Europe, built on a minimum core of principles - persona, dominum, obligation, contract and inheritance - composing the whole European private law tradition? Subsequent chapters attempt to provide possible responses to the question: what is Europe today? The answers diverge, depending on the research area. The inherent dichotomy of human rights protection in Europe and the concept of 'one law, one court' are investigated in the second chapter, whereas the third chapter focuses on asylum and the interrelation and interdependence of the Court of Justice of the EU and the European Court of Human Rights. The next three chapters concentrate on matters of equal treatment and non-discrimination. The first contribution in this part reflects on the crisis and methodological and conceptual issues faced by modern anti-discrimination law. It is followed by a specific analysis of the empowerment of women or gender-balancing in company boards. The third contribution reveals the impact of the Croatian anti-discrimination law on private law relations. The next chapter deals with the issue of social rights in Croatia and the method of their regulation in the context of the new European values. The immense challenges posed by the market integration imperative and democratic transition have brought about different reactions in the national legal systems and legal cultures of both old and new Member States. As such, Europe has effectively been reunited, but what about the convergence of national legal cultures? This is the focal point of the remaining chapters, which focus on various issues, from internal market, competition law, consumer welfare, liberalization of network industries to the EU capital market. The magnitude of EU activity in these areas offers conclusive evidence that old and new paradigms are evolving and shaping the future of the EU.

This is a study of the long-run evolution of the relationship between China and the world economy. The book presents an original interpretation of the country's socio-economic processes in the past 150 years, focusing on China's interaction with the expanding capitalist world economy. The author argues that the general thrust of China's quest for development or modernization has been to catch up with the wealthy nations of the West, and goes on to explain the changing paths and outcomes.

This innovative book provides a greater understanding of the relationships between transnational corporations and the economic development of host economies. In the age of globalisation, awareness of the mechanisms through which foreign firms impact on host countries is crucial. The emphasis lies on backward linkages and knowledge transfer to local firms. The book offers a theoretical framework for the activities of TNCs and a review of their impacts on South East Asian economies. The author conveys in-depth information, using extensive data collected from transnational corporations in the Malaysian electrical and electronics sector. A unique approach is adopted by presenting factors explaining the existence as well as the degree of knowledge transfer through backward linkages. To date, no other study has provided a full range of data - qualitative and quantitative - on the existence, as well as the degree, of backward linkages' transfer. Academics, practitioners and students of international business studies, international development and Asian studies will find Transnational Corporations, Technology and Economic Development of great interest, as will business school libraries in European, North American and Asian universities.

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 collection of essays presents insight and methodology that are highly relevant for readers today as they consider the future of the world they live in. Experiencing the COVID-19 pandemic, people have realized how fragile the current economy is and the necessity for reconstructing the socio-economic system. That system, which was considered the default for so long, was succeeded by the analytical framework of economics and regional science. The contents of this book are diversified, as are the achievements of Prof. Yasuhiro Sakai, to whom this volume is dedicated, and cover a wide area from mathematical and experimental economics to conventional and emerging fields of regional science. Some are timeless topics that have had new life breathed into them. Part I deals with, among other areas, risk management with uncertain events; the effectiveness and impacts of regulation and friction related to trading; the stability of strategic behavior and market equilibrium; and sustainable regional development and urban planning from the long-term perspective. Part II also presents a diversity of subjects, including input-output analysis and computable general equilibrium (CGE) modelling for internal as well as external structure and network linkage, such as a value chain; openness and creativity as related to competition among cities and regions; dispersion versus concentration; and inequality versus equality.

The main purpose of this book is to expose economics graduate students and researchers to the most significant development in international trade that has taken place in the recent past. Service transactions now make up a sizeable portion of global trade. Trade in both final and intermediate inputs is done virtually through information and communication networks, raising afresh the question of the basis of trade and calling for in-depth investigation. This book succinctly comes up with a relatively new explanation for the basis of trade, thus it adds a new dimension to three existing building blocks: technology, endowment, and returns to scale. Against a backdrop of standard Ricardian and Heckscher-Ohlin competitive models of trade, the chapters of this book nicely introduce the issue of communication cost and the difference in time zones between two trading nations. Then follow many intricate phenomena such as informality, skill formation, growth, wage inequality, and decisions regarding foreign direct investment (FDI). However, imperfectly competitive models are not dealt with in great detail as they deserve more space than can be allotted to them here. Given the nonexistence of any research-oriented in-depth analyses of competitive trade models with time-zone differences, this book is a valuable addition to the resources available to researchers and policymakers interested in deciphering recent developments in global trade patterns and the subsequent welfare effect.

This up-to-date study of the contribution of women and men to changing European economic activity patterns, covers 15 members states. Based on the work of the European Commission's network of experts on women's employment, it draws on both national and European data sources. The book links trends in the structures of employment with new comparative data on the role of systems of welfare provision in order to explore economic activity patterns by gender. Participation patterns of women still vary widely within Europe, so much attention is paid to the institutions - both in the labour market and welfare - which help to explain these variations. The apparently contradictory tendency for women's employment and unemployment to rise is analyzed, taking into account changes in industrial/occupational structure and trends at the European, national and regional level. Many countries continue to pursue inconsistent and discriminatory labour market policies; many still base welfare policies on the nation of a single male breadwinner family. This text considers how such policies affect women as workers.

This book focuses on the European Union as an actor involved in the transnational Kurdish issue covering Turkey, Iran, Iraq and Syria. It demonstrates that, instead of being simply a humanitarian actor in the issue, the EU has considered its bilateral interests with the four states in question as well as its extent of acceptance in approaching the Kurdish issue. It has combined its traditional humanitarian/normative consideration with its geopolitical interests in relation to strategies related to the four states. This book provides a unique perspective on the EU as an actor in the Kurdish issue and from a wider perspective, it provides interesting insights into the EU's interactions with geopolitics, which has become the topic of a lively scholarly debate in recent years. The book is a resource for researchers and students studying the European Union as a global actor, and for governmental or non-governmental professionals dealing directly with, or having interest in, the EU and/or Kurdish affairs.

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.

Globalization has, within academic, political, and business circles alike, become the buzz-word of the 1990s, conjuring an ever growing diversity of associations, connotations, and attendant mythologies. In this volume a distinguished array of international academics assess the contribution of the globalization thesis to our understanding of social, political, and economic change in contemporary societies. They explore many of the exaggerated and overgeneralized claims made about globalization.

The book describes the practical process of economic growth both in developed and less developed countries, and presents a unified theory of growth from the earliest stages to the most advanced. Central to the theory is the structural transformation which is associated with the growth process. This structural transformation is used to explain the logistic pattern that economic growth has followed in the real world. Within this logistic pattern, growth performance is explained both in terms of supply factors and demand factors, and the interaction between them. The influence of inflation and income distribution on economic growth is also discussed.

Looking at all sides of the globalization debate, Suranovic analyzes how international economic policy is made and how it has become so controversial. He offers a solution to the debate between free trade/unregulated markets and the push for greater government involvement that is consistent with both economic efficiency and social justice.

Will "making a living" remain a dream for the deprived and excluded? Jobs are one of Europe's most important problems. Employment provides the basic means of distributing wealth in society, in providing for families, and ensuring pensions for the elderly. Yet unemployment, and increasingly "non-employment", continues at near record levels in the European Union. This text shows how the culture of work has been transformed in the industrialized nations of the EU. Exploring the relationship between employment change, society and economic restructuring, the shift toward "flexible" work for women in services, away from traditional industrial jobs for men, is demonstrated within three key sectors - business services, retailing and tourism. The outcome of change is discussed in terms of shifts of people and jobs from urban to rural areas. Europe must be understood in the context of the new Europe, of change in the USA and of global change. Drawing on examples from UK and European regions and USA, the author challenges long-standing assumptions about changes in economy and society and highlights the need for stronger local and European policies to reduce inequality at large and contribute

Will "making a living" remain a dream for the deprived and excluded? Jobs are one of Europe's most important problems. Employment provides the basic means of distributing wealth in society, in providing for families, and ensuring pensions for the elderly. Yet unemployment, and increasingly "non-employment", continues at near record levels in the European Union. This text shows how the culture of work has been transformed in the industrialized nations of the EU. Exploring the relationship between employment change, society and economic restructuring, the shift toward "flexible" work for women in services, away from traditional industrial jobs for men, is demonstrated within three key sectors - business services, retailing and tourism. The outcome of change is discussed in terms of shifts of people and jobs from urban to rural areas. Europe must be understood in the context of the new Europe, of change in the USA and of global change. Drawing on examples from UK and European regions and USA, the author challenges long-standing assumptions about changes in economy and society and highlights the need for stronger local and European policies to reduce inequality at large and contribute