The COVID-19 pandemic has laid bare the vulnerabilities of socio-economic systems globally and exposed the risks that natural capital degradation imposes on human health, economy, and society. This book studies the environmental challenges faced by developing economies in a post-COVID-19 world. Exploring diverse case studies from South Asia and Sub-Saharan Africa, the volume discusses the impact that economic development and, recently, COVID-19 has had on the environment, ecology, and economy of these regions. It analyses nature conservation policies aimed at minimizing ecological damage arising from economic development and discusses the policy objectives of sustainable development. It also highlights the significant role that environmental economics networks have played in capacity building, framing of policies using ecological economics tools, and developing a local leadership trained in addressing local sustainability issues. An important contribution to the study of environmental economics of the Global South, the book will be of interest to students and researchers of economics, environment, development studies, development economics, environmental policies, and South Asia studies. It will also be useful for policymakers and NGOs working in this field.

Originally published in 1985. This volume on household energy conditions considers the energy crisis in the United States and offers an important appraisal of the future of energy consumption by families and the family's adaptations to decreasing energy availability. The chapters in the first section investigate the cultural dimensions of energy use at the household level, looking at attitudes and trends. The second section considers energy policy, especially conservation, with a special chapter on elderly households, while the third presents case studies and projections of the future patterns and changes in energy consumption. This is a fascinating snapshot of thinking on families and the effects of energy use.

The book provides in-depth insight into the financial systems in European Economic Area countries, accentuating the role of crises in shaping the condition and development of the financial arena. The authors outline their predictions for the future of financial systems, focusing on the structural changes and legacy of the COVID-19 crisis and global financial interlinkages. The book adopts both theoretical and practical approaches to explore the key issues and as such, will appeal to academics and students of financial economics and international finance, as well as policymakers and financial regulators.

This book provides novel insights into how Chinese provinces have developed into major sources of China's outbound investments. Focusing on the Yangtze River Delta region, the book compares two provinces with highest outbound investment in China, Jiangsu and Zhejiang and traces how locality-unique conditions contribute to the economic internationalization of Chinese provinces. Through its in-depth exploration of these case studies, the book reveals how the deficiency of enterprises' investment capacity heavily depends on the unique political, economic, formal and informal institutions of each province. The findings presented in this book also offer conclusions relevant to the study of the internationalization process of emerging economies engaging in outward investment, such as India and Brazil. Featuring insights from interviews with scholars, managers and government officials this will be an invaluable resource for scholars, students and professionals interested in International Economics, International Political Economy, Chinese Studies and Asian Studies.

The labour market was undergoing considerable change. In particular, the advance of new technology and the development of positive action training for women had the potential to change patterns of gender segregation in the workplace. Originally published in 1992, Teresa Rees draws on a wide range of international studies of these issues and discusses them in the context of current theoretical and political debate. Based on work carried out by the author in Britain, Germany and Australia, Women and the Labour Market focuses on education and training policy, changes in labour supply, and changes in the nature and size of labour demand. It highlights the obstacles to equality at work, showing how the ideology of the family, the limitations of material reality and the exclusionary mechanisms operated by men have had an adverse impact upon women's experiences of paid work. As well as underlining the power of patriarchy in shaping the labour market, Women and the Labour Market also discusses the development of policy measures which might have some effect on breaking down gender inequalities. An important contribution to debates at the time, the study puts forward practical suggestions for adjusting the system at the key points of recruitment, training and work organisation.

This book provides a historical perspective of the Uruguay Round agreement and focuses on the interaction between the developed and developing countries on matters relating to the global trading system and its disciplines since the founding of General Agreement on Tariffs and Trade.

This timely research review analyses a broad selection of important readings from the existing literature addressing several fundamental questions about recessions. These include what a recession is, the causes and effects of recessions, how to identify and predict recessions, and how to manage the associated risks. The review offers a general overview of the subject, detailed analysis of the readings, discussion of policy implications and acknowledgment of the areas where further research is required, proving itself to be an invaluable source of reference for academics, scholars and practitioners alike.

First published in 1981 The European Community and its Mediterranean Enlargement examines the background to the economic developments in Greece, Spain and Portugal, their relationship with the Community and the political and economic interests at issue during negotiations. At the same time the study of enlargement provides an excellent opportunity for a critical appraisal of existing Community policies (especially those affecting industry and agriculture) and a discussion of likely future developments and pressures for change within the context of the 'Community of Twelve'. Loukas Tsoukalis combines a thorough familiarity with Community affairs with a good knowledge of Southern Europe and the ability to work in several European languages. This book crosses many disciplinary boundaries and is a must read for scholars and researchers of European politics, European Union, international relations and European history.

Studying the Asian Infrastructure Investment Bank (AIIB) through the lens of international relations (IR) theory, Chen argues that it is inappropriate to treat the AIIB as either a revisionist or a complementary institution. Instead, the bank is still evolving and the interaction of power, interests, and status that will determine whether the bank will go wild. Theoretically, the current shape of the AIIB will influence global strategic conditions and global perceptions of the bank itself, consequently affecting China's level of dissatisfaction with its power and status in the international financial system and maneuvering in the AIIB. To empirically show that, this book presents the evolution of the AIIB, compares the bank with its main competitors in the Asia-Pacific region, and conducts ten comparative case studies to show how countries around the world have positioned themselves in response to the emergence of the AIIB. This book presents critical insights for scholars and foreign-policy practitioners to understand China's surging influence in international organizations and how China can shape the world order. It should prove of interest to students and scholars of IR, strategic studies, China Studies, Asian Studies, developmental studies, economics, and global finance.

The existence of fiat currencies has long been cited as one of the major contributing factors to the challenges facing contemporary economies, and the current monetary system is not only a key source of exorable increases in interest rates but also a principal cause of inflation and decline in the value of money in many countries. The editors argue that an Islamic monetary system, with its specific money concepts, interest-free financial institutions, and monetary policy embedded in real growth, provides a solution to this conundrum. Contributions from many world-renowned experts consider a wide array of topics, ranging from the theoretical concepts of money and banking in conventional and Islamic economics to the historical journey of money from precious metals to plastic money and digital currency today. The book outlines the problems that sprout from interest-based banking and multiple debt structures. It then mirrors the Islamic concepts of money as well as idiosyncrasies of its monetary policy. Supported with meticulous research and empirical evidence, the book demonstrates the efficacy of Islamic monetary system in delivering real growth along with equitable distribution of wealth and prosperity in the economy. It additionally acquaints the readers with juristic debates about money and monetary policy. This is essential reading for both students and researchers in Islamic economics, banking, and finance, expertly promoting a fair and just economic system that emerges as a result of interest-free banking and monetary policy based on Islamic principles.

In contemporary global capitalism, the most powerful corporations are innovation or intellectual monopolies. The book's unique perspective focuses on how private ownership and control of knowledge and data have become a major source of rent and power. The author explains how at the one pole, these corporations concentrate income, property and power in the United States, China, and in a handful of intellectual monopolies, particularly from digital and pharmaceutical industries, while at the other pole developing countries are left further behind. The book includes detailed empirical mappings of how intellectual monopolies develop and transform knowledge from universities and open-source collaborations into intangible assets. The result is a strategy that combines undermining the commons through privatization with harvesting from the same commons. The book ends with provoking reflections to tilt the scale against intellectual monopoly capitalism and arguing that desired changes require democratic mobilization of workers and citizens at large. This book represents one of the first attempts to capture the contours of an emerging new era where old perspectives lead us astray, and the old policy toolbox is hopelessly inadequate. This is true for the idea that the best, or only, way to promote innovation is to transform knowledge into private property. It is also true for anti-trust policies focusing exclusively on consumer prices. The formation of global infrastructures that lead to natural monopolies calls for public rather than private ownership. Scholars and professionals from the social sciences and humanities (in particular economics, sociology, political science, geography, educational science and science and technology studies) will enjoy a clear and all-embracing depiction of innovation dynamics in contemporary capitalism, with a particular focus on asymmetries between actors, regions and topics. In fact, its topical issue broadens the book's scope to those curious about how innovation networks shape our world.

Economic Growth and Distribution isolates and compares the logical structures and methodological underpinnings underlying the relationship between economic growth and distribution. It carries out an in-depth analysis of a wide range of issues connected with growth theory considered from different theoretical perspectives. Its uniqueness is derived from the original contributions by a number of scholars of different persuasions; some within the mainstream and others from Keynesian-Kaleckian-Sraffian positions. The book deals with a wide variety of research topics concerning economic growth and distribution, such as the transition from the epoch of Malthusian stagnation to the contemporary era of modern economic growth; comparisons among the classical tradition, modern theory, and heterodox models; problems of policy; dynamics and business cycles; and the role of institutions. For its emphasis on comparisons and complementariness among alternative theories of growth and distribution, Economic Growth and Distribution complements the work of advanced textbooks on the topic. It is a companion to Innovation, Unemployment and Policy in the Theories of Growth and Distribution (edited by N. Salvadori and R. Balducci) and Classical, Neoclassical and Keynesian Views on Growth and Distribution (edited by N. Salvadori and C. Panico). The book will be appreciated by scholars of the theory of economic growth, the theory of distribution, macroeconomics, classical and Keynesian economics, as well as historians of economic thought.

This authoritative Handbook provides a thorough account and analysis of the important issues relating to the globalization of the international economy. The increasing interdependence of the world's economies has caused a breakdown in national economic boundaries and a freer access to goods, services and labour. This comprehensive book, written by experts in the field, addresses major issues associated with this international economic integration. This reference work considers: global growth including inequality, saving, foreign direct investment, external debt and multinational corporations regionalization and globalization of trade such as the role of international institutions, external economies of scale and trading blocs transition to market economies in Central and Eastern Europe, the former Soviet Union and East Asia internationalization and integration of markets including the financial, capital, labour and agricultural markets global environmental and resource problems including transboundary pollution, the implication of North-South trade for natural resource depletion and environmental degradation, and the impact of energy markets on global growth, pollution and economic stability.

The Routledge Handbook of Transformative Global Studies provides diverse and cutting-edge perspectives on this fast-changing field. For 30 years the world has been caught in a long 'global interregnum,' plunging from one crisis to the next and witnessing the emergence of new, vibrant, multiple, and sometimes contradictory forms of popular resistance and politics. This global 'interregnum' - or a period of uncertainty where the old hegemony is fading and the new ones have not yet been fully realized - necessitates critical self-reflection, brave intellectual speculation and (un)learning of perceived wisdoms, and greater transdisciplinary collaboration across theories, localities, and subjects. This Handbook takes up this challenge by developing fresh perspectives on globalization, development, neoliberalism, capitalism, and their progressive alternatives, addressing issues of democracy, power, inequality, insecurity, precarity, wellbeing, education, displacement, social movements, violence and war, and climate change. Throughout, it emphasizes the dynamics for system change, including bringing post-capitalist, feminist, (de)colonial, and other critical perspectives to support transformative global praxis. This volume brings together a mixture of fresh and established scholars from across disciplines and from a range of both Northern and Southern contexts. Researchers and students from around the world and across the fields of politics, sociology, international development, international relations, geography, economics, area studies, and philosophy will find this an invaluable and fresh guide to global studies in the 21st century.

This book presents a new narrative on the eurozone crisis. It argues that the common currency has the potential to kill the European Union, and the conventional wisdom that the eurozone can be fixed by a common budget and further political integration is incorrect. The authors address key questions such as why the European Union and the single market have been successful, why the common currency poses a threat to European integration, and whether it is possible to either fix the eurozone or dissolve it while keeping the EU and the single market. Contrary to the view that it would be best if the Southern European countries left the eurozone first, the book makes the case that the optimal solution would be to start the process with the most competitive countries exiting first. The authors argue that a return to national currencies would be beneficial not only to the crisis-ridden southern countries, but also to France and Germany, which were the main promoters of the single currency. An organised unwinding of the euro area would be beneficial both for the European economy and for Europe's main trading partners. The authors contend that to defend the euro at all costs weakens the European economy and threatens the cohesion of the European Union. If pro-European and pro-market EU leaders do not dismantle the eurozone, it will most likely be done by their anti-European and anti-market successors. If that happens, the European Union and the common market will be destroyed. This book will be a useful and engaging contribution to the existing literature in the fields of macro, monetary and international finance and economics.

The COVID-19 pandemic is a Rorschach test for society: everyone sees something different in it, and the range of political and economic responses to the crisis can leave us feeling overwhelmed. This book cuts through the confusion, dissecting the new post-coronavirus capitalism into several policy areas and spheres of action to inform academic, policy and public discourse. Covering all the major aspects of contemporary capitalism that have been affected by the pandemic, Andreas Noelke deftly analyses the impacts of the crisis on our socio-economic and political systems. Signposting a new era for global capitalism, he offers alternatives for future economic development in the wake of COVID-19.

Focusing on the interconnection of tariff structure, international trade and welfare evaluation, the book investigates the characteristics of tariff structures of China and the U.S. in recent years and measures the impact of the Sino-U.S. trade friction that started in 2018. The first part of the book discusses levels and evolution trends of tariff systems of China and the U.S. from 2000 to 2014 and makes a comparison between the two countries' tariff structures. The second part centers on the Sino-U.S. trade friction in 2018, analyzing its development, overall impact on welfare, and relevant impact mechanisms. The author draws on the quantitative analysis method currently prevailing in the field of international trade, taking global value chains, intermediate goods, and variable markup into consideration. In contrast to the research conclusion applying standard trade theory, the result indicates that either unilateral imposition of additional tariffs or bilateral tariff friction will give rise to the deteriorated welfare level of both countries. The book will appeal to academics and policy makers interested in international trade, China-U.S. relation and the trade friction.

This book examines driving factors and the effects of globalisation on economic development through firm and product-level data. The book is organised into four themes, i.e., productivity, innovation, wage and income gap, and within-firm reallocation of resources. The comprehensiveness and richness of firm and product-level data shed light upon the channels through which trade and investment affect firms' competitiveness and unveil factors shaping firms' heterogeneous responses towards globalisation. The book looks at Asian economies as well as Australia and how they have experienced substantial structural change and become more integrated into the global economy and will be a useful reference for those who are interested in learning more about the relationship between globalisation and firm performance. This book will appeal to policy makers and researchers interested in the impact of globalisation on firm performance.

China, Trust and Digital Supply Chains presents a critical reflection on blockchain technologies in the context of their adoption in China and the world that China is engaged in and shaping. Approaching the issues of blockchain technology adoption and development on China's own terms is critical if policy makers and others are to make effective sense of one of the key dynamics shaping the next few decades of the global landscape. The work challenges the 'trust' trope that dominates much discussion of blockchain technology's application. It argues, contrary to the predominant trust trope, that blockchain is not about trust at all. It shows that China's re-imagining of the 21st century global order is premised on driving intensified cross-border economic interactions without the presupposition of trust, and blockchain technology makes that possible. It also explores the paradox of technological decentralisation being taken up with vigour by a centralist polity, the role of blockchain technology as a critical condition of existence for the successful globalisation of China's digital currency initiative, and the need to devise governance institutions that are multilateral in nature, to reflect the multi-polar nature of decentralised information systems with domestic and cross-border permutations. This book is of significant interest to readers of political economy, public policy, blockchain technology and Chinese studies.

The remarkable transformation of the Chinese economy in terms of its structure and growth has drawn unprecedented attention from academics, policy makers and businessmen alike. In the past four decades, China swiftly transformed from a centrally-planned to a market-oriented economy, with an economic size just behind the US and ahead of Japan. Amid commendations for China's economic success offering valuable reform and growth lessons to other developing countries, underlying challenges have been emerging, which constitute long-term risks in shaking China's sustainable success. These challenges encompass a wide range of sectors and issues such as the rural-urban divide, state monopoly, policy loans in the banking sector, lack of skilled and sophisticated workers, environmental degradation, etc. This book unveils the risks and challenges embedded in China's spectacular economic success and demonstrates that effective handling of these challenges is vital for China to avoid falling into the "middle-income trap". It is elucidated that feasible solutions are available to accommodate these risks and the clue of success lies on the willingness and ability of China's central leaders to implement further reforms. This book is a valuable reference for undergraduate and postgraduate students, academics, and public and business policy makers who are concerned about the current status and future development of the Chinese economy.

Originally published in 1981, Woman's Worth takes up the challenge to the male preserve of economics - which was raised nearly a century ago by Charlotte Perkins Gilman in her classic work Women and Economics. Patriarchal economic systems - socialist as well as capitalist - are founded upon women's unpaid labour. On this premise, Lisa Leghorn and Katherine Parker base their exploration of the economic basis of women's culture across cultures: from the USA to South America, the Middle East, socialist countries, Africa and Europe. Women's Worth is accessible and informative to those who have been intimidated by the term 'international economics'. Its sources are women's perspective and experience in many countries, in their words and in their writings, published and unpublished. Thus the authors are able to reveal the economic nature of facets of women's lives which have hitherto been dismissed by traditional economics as features of family or personal life, and to build a new vision of an economics based in female values.

The past 30 years are often depicted as an era of globalisation, and even more so with the recent rise of global giants such as Google and Amazon. This updated and revised edition of The Handbook of Globalisation offers novel insights into the rapid changes our world is facing, and how best we can handle them. With multi-disciplinary contributions from leading experts, this Handbook covers a broad spectrum of issues and opportunities surrounding modern globalisation. It explores the idea that globalisation is not new, natural or inevitable, but rather that current global arrangements are the result of corporate pressure and the choices of politicians. It highlights the fact that the deregulated, free market form of globalisation is not unavoidable and explores a new era of global co-operation based around a Green New Deal. It also considers the future of globalisation in the face of the Trump presidency, Brexit and the move towards more state-centred policies. This Handbook continues to be a vital resource for scholars, students and researchers of economics, international relations, and business and management who wish to gain a more in-depth understanding of globalisation from a variety of different disciplines. Politicians and policy makers will also benefit from the advice offered to avoid some of the increasingly negative impacts of our globalising world. Contributors include: P. Arestis, E. Braunstein, P. Brosnan, H.-J. Chang, C. Craypo, G. DeMartino, G. Dymski, G. Epstein, A. Glyn, J. Heintz, C. Hines, P. Hirst, G.M. Hodgson, J. Howells, G. Ietto-Gillies, M. Koenig-Archibugi, S. Lee, P. Lysandrou, J. Michie, J.G. Palma, M. Panic, J. Perraton, J. Plasmans, M. Sawyer, S. Sinclair, A. Singh, J. Stanford, B. Sutcliffe, G. Thompson, J. Toye, F. Wilkinson, R. Woodward, A. Zammit

Drawing on a range of European cases, this edited volume analyses the offshoring and outsourcing of foreign companies, with a focus on territorial embeddedness. The book opens by developing a theoretical framework and then presents a range of international case studies exploring the experiences of the service hub cities of Brno, Bratislava, Budapest, Krakow, and Prague. Attention is also given to internal and external determinants of embeddedness, with chapters on the employee perspective, the Fintech industry, corporate social responsibility, and the role of universities. This volume will be of interest to advanced students and researchers in regional economics, economic geography, innovation studies, industrial economics, European economics, and international business.

This book presents a comprehensive overview of the relations between the two Koreas and the different ASEAN states, including their relations with ASEAN as an organization. It outlines a complex picture with both bilateral and multilateral relations in play at the same time. It charts for each relationship how the present situation has arisen, discusses current difficulties and strains, and assesses how the relationship may develop in future.

Demonstrates China's reform and opening-up and formation of BRI A full pictory of the backstory, concept and framework of BRI Includes China's nternational action plans relevant and similar to the BRI Covers case studies of the BRI implementation and promotion 132 entries in total reflect the latest progress, with 19 new entries added and 14 updated compared to the first edition