Globalization is theorized in this book as an emerging new stage of capitalism. Robert Went takes us on a journey from the historical roots of globalization through to its relevance in the modern day.
The Enigma of Globalization is a timely addition to an important debate and covers such themes as:
* International trade
* Free trade and international movement of capital
* The role of the world economy
This accessible and intriguing book is a must, not only for students and academics working in the field, but will also prove an interesting read for all those with a general interest in the modern global political economy.

eBook available with sample pages: 0203217578

Business is a necessary evil that the moral leaders of mankind have tolerated but never condoned. At no time did they view with favor the pursuit of material gain. The Old Testament prophets proclaimed against the rapacity of the rich. Jesus scorned the money lenders. Luther had no kind words to say to the wealthy, nor did Calvin indulge the new bourgeoisie." Thus begins this first book-length study of social philosopher and political economist Adam Smith's "The Wealth of Nations."
Adam Smith (1723-1790) was a Scottish-born thinker who served as both professor of logic and professor of moral philosophy at Glasgow University. While the publication of his philosophic treatise "The Theory of Moral Sentiments" at age thirty-six gave Smith fame, "The Wealth of Nations," published in 1776, has established his lasting reputation. Recognized in its own day as an important and compassionate examination of economics, the book was praised by Thomas Jefferson for its contribution to the field of economics. Smith wrote "The Wealth of Nations" for several reasons. He was disgusted with the business methods practiced by merchants and manufacturers, and he was concerned with improving the well-being of society.
Reflecting his own concerns about the contribution economics could make to the betterment of society, Eli Ginzberg published this study of Smith's humanitarian views on commerce, industrialism, and labor. Written for his doctoral degree at Columbia University, and published as "The House of Adam Smith," the book is divided into two parts. The first part reconstructs and interprets Smith's classic "The Wealth of Nations," while the second part examines Smith as the patron saint and prophet of the successes of nineteenth-century capitalism.
"Adam Smith and the Founding of Market of Economics" is a fascinating study, and contributes significantly to our understanding of capitalism, free trade, the division of management and labor, and the history of world economics in the nineteenth century. It republication, with a new introduction by the author, will be valued by economists, political historians, students of philosophy, and policymakers.
Eli Ginzberg is A. Barton Hepburn Professor Emeritus at the Graduate School of Business and director of the Eisenhower Center for the Conservation of Human Resources at Columbia University. His work in social policy, health care, human resources, and the special needs of the poor, young and aged place Ginzberg in a special category: activist scholar rather than academic-turned-activist. He has been the subject of several "festschriften," most recently "Eli Ginzberg: The Economist as a Public Intellectual," and he is the author of numerous books, including several from the same period as this book, "New Deal Days: 1933-1934" and "A World Without Work: The Study of the Welsh Miners," both published by Transaction.

Labour reform is only one component of the larger process of reforming economy and society experienced by China during the late 1970s, 80s and 90s, and it is probably that part of this process where paradoxes emerge most clearly. This book suggests a two-level analysis: labour theory and consequent policy- and law-making emerging from a rapidly changing ideological environment from the beginning of Deng's Reform clash with the social and practical contradictions of policy implementation that emerges in the second part of the book, together with an increasing "resistance" by society vis a vis the state's overall policies as well as with an increasing - functional and tolerated - "informalization" of labour practices. The book borrows historical analytical tools in order to shed light on how policy-making takes place in contemporary China: an experimental and self-fulfilling process where decisions are taken only long after being introduced into daily practice. It should be of interest to students of contemporary Chinese society and help in the understanding of 25 years of Chinese labour reform.

Our global ecological crisis demands that we question the rationality of the culture that has caused it: western modernity's free market capitalism. Philip Goodchild develops arguments from Nietzsche, Adorno, Horkheimer and Marx, to suggest that our love of Western modernity is an expression of a piety in which capitalism becomes a global religion, in practice, if not always in belief. This book presents a philosophical alternative that demands attention from philosophers, critical theorists, philosophers of religion, theologians and those in ecological politics.

This is a groundbreaking economic analysis of entrepreneurship and the development process for innovation. The author strives to distinguish the role of the capitalist from that of an entrepreneur, and to show how the actions of the entrepreneur impact new employment, economic growth, and advancements in the overall standard of living.

The book provides in-depth discussion of several critical concepts: the economic development of a product; Schumpeter's "temporary monopoly control"; the economic bounds of product and process innovations; and changing production functions. It also develops and integrates an analysis of how innovation-induced modifications in either products or processes affect both short-ran and long-ran average costs in production. As a special feature, each chapter includes an interview with a successful entrepreneur, and suggested readings are also provided.

This is a groundbreaking economic analysis of entrepreneurship and the development process for innovation. The author strives to distinguish the role of the capitalist from that of an entrepreneur, and to show how the actions of the entrepreneur impact new employment, economic growth, and advancements in the overall standard of living.

The book provides in-depth discussion of several critical concepts: the economic development of a product; Schumpeter's "temporary monopoly control"; the economic bounds of product and process innovations; and changing production functions. It also develops and integrates an analysis of how innovation-induced modifications in either products or processes affect both short-ran and long-ran average costs in production. As a special feature, each chapter includes an interview with a successful entrepreneur, and suggested readings are also provided.

This book focuses on the recent political and economic events in the former Yugoslavia.
The author presents a clear, detailed and accessible breakdown of the developments in: Bosnia-Hercegovina, Croatia, the Former Yugoslav Republic of Macedonia, Slovenia and the Federal Republic of Yugoslavia (Serbia and Montenegro).
The role of the West in the more unstable countries of the Former Yugoslavia has been reassessed in the light of the terrorist attacks on the United States and the fall of Afghanistan. The involvement of the US, in particular, in countries affected by ethnic strife has been brought under scrutiny, as has the role of international military and civilian involvement in maintaining peace and rebuilding economies and political structures. This book contributes to these debates by providing a unique level of coverage of economic and political developments in former Yugoslav countries. It will provide an invaluable source of reference for all those interested in transitional and developing countries.

eBook available with sample pages: 0203216954

Our global ecological crisis demands that we question the rationality of the culture that has caused it: western modernity's free market capitalism. Philip Goodchild develops arguments from Nietzsche, Adorno, Horkheimer and Marx, to suggest that our love of Western modernity is an expression of a piety in which capitalism becomes a global religion, in practice, if not always in belief. This book presents a philosophical alternative that demands attention from philosophers, critical theorists, philosophers of religion, theologians and those in ecological politics.

'Makes a substantial contribution to the practical, effective analysis of climate change mitigation options in developing countries.' Development And Cooperation 'The book is an excellent exercise and a good source of detailed information, and a basis for further discussions. Any person interested in this major environmental problem should read it.' International Journal of Environment and Pollution 'Markandya and Halsnaes' collection is thoughtfully put together and can be recommended to all the practitioners in the fields of climate change and sustainable development.' The Journal of Energy Literature This text argues that the policies pursued by developing countries will be crucial in determining the progress of climate change. Many are industrializing rapidly and the largest, particularly China and India, could have an impact at least as significant as that of the already industrialized economies - the reason given by President Bush for taking the US out of the Kyoto Protocol. The future of sustainable development in large measure depends on developing countries. This book develops a pragmatic framework for evaluating the climate change options faced by each developing country, depending on their individual circumstances. It assesses present methods, suggests how these might be improved, and proposes ways in which social and developmental aspects can be taken into account. Its discussion of the issues and the methods presented contribute to the practical analysis of climate change mitigation options in developing countries. The book should be useful to professionals, governments, international organizations and environmental groups working on climate change issues; as well as researchers, academics and students in economics, environmental and development studies and international affairs.

Contents:
Introduction
1. The Legacy of the Communist Past and its Impact on Foreign Trade in Transition
2. Foreign Trade Adjustment in Early Transition
3. Successes of Trade Reorientation and Trade Expansion: An Enterprise-Level Approach
4. Institutions and Foreign Trade Reorientation: How Much Impact upon Performance?
5. Post-Transition Foreign Trade Problems and Prospects: The Economics and Political Economy of Accession

With the collapse of communism and the accelerated trend of globalization, a new stage of capitalism has arrived. Protest actions that occurred in Seattle and Washington as well as in Prague and Genoa, clearly show that the legitimacy of capitalism is being questioned in many respects. Surveys in Eastern and Central Europe show that a considerable part of the population is not able to accept capitalism as an economic system. This volume assesses the ethical basis of capitalism in an effort to assess its future in the twenty-first century. Contributors range from one of the world's most successful capitalists and philanthropists to the founder of INSEAD, Europe's leading business school, to noted economists, philosophers, cultural historians, and business ethicists. Chapter 1, "Against Market Fundamentalism: 'The Capitalist Threat' Reconsidered," by George Soros, Olivier Giscard d'Estaing and others, is the edited and extended version of the public debate with Soros on his influential paper "The Capitalist Threat." Chapter 2, "Ethics of Capitalism," by Peter Koslowski, follows the thesis that capitalism constitutes a necessary component of a free society. Chapter 3, "Misunderstood and Abused Liberalism," by Lubomir Mlcoch, focuses on the problems of Czech-style capitalism. Chapter 4, "Humanizing the Economy" by Stefano Zamagni, investigates the role of civil society in relation to the market and the state. Chapter 5, "The Possibility of Stakeholder Capitalism," by Edward R. Freeman, argues that stakeholder relationships are a key to understanding the functioning of business in today's world. Chapter 6, "Effectiveness, Efficiency, and Ethicality in Business and Management," by Wojciech W. Gasparski, introduces the praxiology tradition in the debate about ethical aspects of capitalism. Chapter 7, "Responsibility and Profit Making," by Lszl3/4 Zsolnai, explores the conditions for ethical and social acceptability of profit making. Collectively, this volume addresses the ethical problems of the capitalist economy with special reference to globalization, and suggests that business ethics and the future of capitalism are strongly connected. It will be of particular interest to business people, economists, policy makers, social scientists and students of philosophy and ethics. Lszl3/4 Zsolnai is director of the Business Ethics Center at Budapest University of Economic Sciences and is Szuchenyi Distinguished Professor in Ethics and Economics, awarded by the Hungarian Ministry of Education. Wojciech W. Gasparski is professor at the Insititute of Philosophy and Sociology, the Polish Academy of Sciences, and editor-in-chief of the Praxiology series.

Following on from Jeffries' 2001 Economies in Transition: A Guide to China, Cuba, Mongolia, North Korea and Vietnam at the Turn of the Twenty-First Century, this comprehensive survey of economic and political change focuses on the countries of Eastern Europe. Jeffries also discusses the general issues involved in economic transition, including `big bang'/'shock therapy', gradualism, China as an economic model and various schemes of privatization. The book examines Albania, Bulgaria, the Czech Republic, Hungary, Poland, Romania and Slovakia. Analysing major political and economic events in these countries from the mid-1990s to the present.

eBook available with sample pages: 0203469100

This book provides an incredibly detailed and thorough account of how Vietnam's dependence on Soviet aid during the 1960s and 1970s sustained and yet ultimately undermined the centrally-planned economy. Foreign aid provided most of the resources which, in the context of an under-developed agrarian economy, permitted planned industrialisation. Yet, as in other socialist countries, chronic shortages emerged and, particularly when aid supplies were cut after 1975, encouraged individuals and enterprises to divert resources to local uses. The authors show how development of non-plan trading relations was based on supplies of scarce, aid-subsidised goods which provided the means for local authorities, enterprises and individuals to convert their positions of political and social power into capital. They further highlight the ways in which new, market-oriented trade relations emerged in symbiosis with the planning system and continue to influence the economic structure and institutions today. Economic Transition in Vietnam outlines the many problems currently facing Vietnam, not least how new global forms of integration are affecting future development.

During the 1990s over two dozen countries in Europe and Asia underwent a transition from centrally planned to more market-oriented economies. In Constructing a Market Economy, Richard Pomfret reviews their diverse experiences and assesses the outcome of transition in each case. The book includes an extensive review of empirical evidence and, uniquely, aims to cover all the transition economies in a comparative fashion rather than focusing on any particular country. The author discusses the evolving thinking surrounding transition as shaped by experiences, tracing out the shifting emphasis from macro to micro issues and increased concerns about governance and institutions. By placing each transition within its historical context and paying attention to variations across countries and over time, the book draws conclusions about the key elements of a market economy and how they can be achieved. Researchers and academics will warmly welcome this addition to the transition studies literature as will those interested in development studies.

This major intellectual exploration seeks to deepen our understanding of the way in which modern capitalism works. The author argues, in particular, that it has always rested in part on the unremunerated labour of women, the non-sustainable extraction of natural resources and the racist exploitation of the non-European periphery. Robert Biel explains and illuminates how it has integrated the South into a Western-dominated system of exploitation and prevented it from making the promised transition from marginality on the periphery to prosperity at the centre. And the racist implications of this. He also explores two fundamental questions. Are there really any indications that the global economy is slowly entering a long-term structural crisis? And would any significant disruption open up opportunities for new popular movements to fundamentally challenge it? Robert Biel's work constitutes a major revitalisation of the tools of Marxism and Dependency Theory. In addition to scholars of political economy and development, it will interest activists seeking to reconstitute left politics in the age of globalisation.

How valid is the Marxian theory of imperialism? This book traces the historical development of the theory of imperialism, the internationalisation of capital and theories of capitalist nation-state formation.

Public enterprises remain of fundamental importance in advanced economies, and this volume characterises them as hybrids, influenced by markets and ministries.

Analyses the behaviour of not-for-profit organizations under a variety of conditions and contrasts them with profit maximizing firms, other types of profit-constrained firms and with public bureaucracies.

Contents:
1. Initial Concepts and Building Blocks 2. Technical-Administrative and Agency Problems in Organizations 3. Types of Organizations: Households, Firms and Government Organizations 4. Superorganizations 5. Coalitions in Organizations: Labour Unions 6. Comparative Macroeconomics 7. Aggregate System Performance and Comparisons 8. System Change

This volume centres on the collaborative work of Ivan Berend and GyArgy RA!nki, begun in Hungary in the 1950s and continuing till Ranki's death in 1988, but includes papers by each individually as well as those written jointly. The subject is the social and economic history of Central and Eastern Europe in the 19th and 20th centuries, with a particular focus upon Hungary. The first part looks at the troubled German-Hungarian relations during Hitler's rule; although focusing on Hungary, it also provides an understanding of the economic ties between Germany and Central and Eastern Europe during the turbulent war years. The economic and political problems of the region in the interwar years are dealt with in the second part. Two of the four studies in the final section present the efforts and strict limitations of reforms in state socialist Hungary. The other two analyze the post-communist economic transformation of Central and Eastern Europe during the 1990s in a broad international context.

The Handbook of the International Political Economy of Production offers a comprehensive, state-of-the-art overview of the changing world of global production. The book explores the topic in a range of directions, including the human material 'used' in production across the globe and alternatives proposed from different quarters.Chapters cover the geography of why and where jobs are moving in both manufacturing and services. The doubling of the world's available labor supply after the opening up of the planned economies in Europe and Asia has sharply tilted the balance of power towards giant corporations. Labor and the politics of work is analyzed in a number of key countries. Possible signs of a recovery of organized labor's negotiating power on this vastly expanded playing field are discussed in separate chapters, and a complete overview is provided of labour research networks currently active. This important volume addresses topics relating to the human and natural basis on which production rests, from the consequences of the exploitation of the body and mind to sex work, biotechnology, and the prospects for ecological re-balancing. Written by a team of authors from fourteen different countries and comprising some of the biggest names in contemporary social science as well as topical specialists, this Handbook will prove a critical resource to political economists at all levels, trade unionists and NGO activists in the labor and human rights sphere, politicians and journalists. Contributors: J. Baines, A. Bhattacharjee, M. Boyer, D. Bradanini, U. Brand, J. Chan, C.B.N. Chin, M. Davies, R. Delgado Wise, R. Desai, A. Fishwick, A. Freeman, S. Gindin, K. Gray, J.-C. Graz, Y. Gromyko, J. Harrod, O. Holman, R. Ihara, Y. Jang, S. Kay, D.T. Martin, S. McGrath, J. Merk, P. Moore, L. Panitch, M. Paterson, N. Pun, A. Roy, S. Sassen, M. Selden, B. Selwyn, G.M. enalp, OE. enalp, W. Seppmann, B.J. Silver, K. Strauss, M. Wissen, J. Wullweber

This book provides a vision for environmentalism's future, based on the success of environmental entrepreneurs around the world. The work provides the next generation of environmental market ideas and the chapters are co-authored with young scholars and policy analysts who represent the next generation of environmental leaders.

This book investigates recent changes in Japan's financial system and looks at the implications for Japan's particularistic model of political economy. Drawing on the latest theoretical research, it seeks to determine how Japan's experience resembles patterns which many scholars in the West have associated with financial globalization as a powerful force for conveyance.
The book sets out the background and examines the progression of financial deregulation in Japan, culminating in the Big Bang programme of financial reform set in motion in November 1996. It analyses developments in the financial sector to gauge the extent to which Japanese financial institutions are falling into line with emerging norms of organization and strategic management. It also examines the implications for the corporate and household sectors stemming from the government and financial sectors' partial embrace of financial globalization.

Examines the nature and the mode of operation of the centrally planned economy, assessing its strengths and the weaknesses that eventually led to its demise.

These previously unpublished papers by leading American and Vietnamese economists analyze the dramatic transformation of Vietnam's economy during the 1990s and its prospects for the future. The three main sections of the book discuss Vietnam's turbulent history, recent economic reforms, and the country's emerging role in the world economy and geopolitics. The contributors examine a myriad of issues, including specific reforms in agriculture, banking, and tax policy, as well as the attempts to create a business-oriented legal infrastructure, the development of foreign trade and a viable balance of payments, and U.S. policy reactions to Vietnam's rapid development in the last decade.