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Books > Business & Economics > Economics > Economic systems > General

Rethinking the Market Economy - New Challenges, New Ideas, New Opportunities (Hardcover): J. Lambin Rethinking the Market Economy - New Challenges, New Ideas, New Opportunities (Hardcover)
J. Lambin
R1,891 Discovery Miles 18 910 Ships in 10 - 15 working days

This book explores the changing socio-economic and technological landscape of the 21 century and what it means. It adopts an industrial economic approach, whilst proposing a road map leading to the adoption of a 'societal market economy' model as an appealing and politically acceptable third-way between capitalism and socialism.

Imperialism the Highest Stage of Capitalism (Hardcover, Reprint, Enhanced ed.): Vladimir Ilich Lenin Imperialism the Highest Stage of Capitalism (Hardcover, Reprint, Enhanced ed.)
Vladimir Ilich Lenin
R640 Discovery Miles 6 400 Ships in 18 - 22 working days
Writing Neoliberal Values - Rhetorical Connectivities and Globalized Capitalism (Hardcover, 1st ed. 2015): Rachel C. Riedner Writing Neoliberal Values - Rhetorical Connectivities and Globalized Capitalism (Hardcover, 1st ed. 2015)
Rachel C. Riedner
R2,407 R1,776 Discovery Miles 17 760 Save R631 (26%) Ships in 10 - 15 working days

This book examines human-interest stories, unpacking from them violence inherent to neoliberalism, and considers if it is possible to find in these stories hints of people and labour that suggest other narratives.

Geography, Institutions and Regional Economic Performance (Hardcover, 2013 ed.): Riccardo Crescenzi, Marco Percoco Geography, Institutions and Regional Economic Performance (Hardcover, 2013 ed.)
Riccardo Crescenzi, Marco Percoco
R4,628 R3,557 Discovery Miles 35 570 Save R1,071 (23%) Ships in 10 - 15 working days

The book aims to present "traditional features" of regional science (as geographical concepts and institutions), as well as relatively new topics such as innovation and agglomeration economies. In particular it demonstrates that, contrary to what has been argued by recent economics literature, both geography and institutions (or culture) are relevant for local development. In fact, these phenomena, along with the movement of goods and workers, are among the main reasons for persisting development differentials. These intriguing relationships are at the heart of the analysis presented in this book and form the conceptual basis for a promising institutional approach to economic geography.

Italy in a European Context - Research in Business, Economics, and the Environment (Hardcover, 1st ed. 2015): Donatella... Italy in a European Context - Research in Business, Economics, and the Environment (Hardcover, 1st ed. 2015)
Donatella Strangio, Giuseppe Sancetta
R3,281 Discovery Miles 32 810 Ships in 10 - 15 working days

This edited collection investigates the role of Italy in pursuing the EU five targets by 2020: R&D/innovation expenditures; the energetic measures for climate change; migration; the counter actions against poverty and social exclusion. This ambitious book uses a multidisciplinary approach and original field studies to tackle this important topic.

Research in the History of Economic Thought and Methodology - Including a Selection of Papers Presented at the 2019 ALAHPE... Research in the History of Economic Thought and Methodology - Including a Selection of Papers Presented at the 2019 ALAHPE Conference (Hardcover)
Luca Fiorito, Scott Scheall, Carlos Eduardo Suprinyak
R2,979 Discovery Miles 29 790 Ships in 10 - 15 working days

Volume 39A of Research in the History of Economic Thought and Methodology features a selection of essays presented at the 2019 Conference of the Latin American Society for the History of Economic Thought (ALAHPE), edited by Felipe Almeida and Carlos Eduardo Suprinyak, as well as a new general-research essay by Daniel Kuehn, an archival discovery by Katia Caldari and Luca Fiorito, and a book review by John Hall.

Britannia 1066-1884 - From Medieval Absolutism to the Birth of Freedom under Constitutional Monarchy, Limited Suffrage, and the... Britannia 1066-1884 - From Medieval Absolutism to the Birth of Freedom under Constitutional Monarchy, Limited Suffrage, and the Rule of Law (Hardcover, 2014 ed.)
Charles K. Rowley, Bin Wu
R3,273 Discovery Miles 32 730 Ships in 10 - 15 working days

This book offers an analytic history of Britannia (first England and Wales and then Great Britain) over eight hundred years of political turmoil, intermingled with economic stagnation, followed by the engine of the industrial revolution. The book draws on economics, political science, public choice, philosophy and the law to probe in depth into the evolution of Britannia from an impoverished feudal and then post-feudal autocracy into a constitutional monarchy with limited suffrage that provided the fulcrum for industrial and commercial success, making Britannia, by 1884, the richest nation, per capita, on the planet. The book challenges head-on the Whiggist liberal notion of Macaulay and Trevelyan that the path from oppression to freedom was one of unimpeded progress. Among its novel features, the book draws upon the dictator's handbook, as modeled by Bueno de Mesquita and Alistair Smith to evaluate the period of varying autocracy, 1066-1688. The book draws upon modern public choice theory and legal history to evaluate the fragile, corrupt constitutional monarchy that oversaw the initial phase of post-Glorious Revolution Britannia, 1689-1775. At each stage, the philosophical battle between those who sought order and unity and those who sought individual liberty is meticulously outlined. The book draws on the contributions of the Scottish Enlightenment (Hume, Ferguson and Smith) and of classical liberal philosophy (John Stuart Mill) to explain the final vault of Britannia from a weak and corrupt to a robust and admired constitutional monarchy grounded on the rule of law, over the period 1776-1884.

The Political Economy of Development in Southeastern Europe (Hardcover, 1st ed. 2018): Spyros Roukanas, Persefoni... The Political Economy of Development in Southeastern Europe (Hardcover, 1st ed. 2018)
Spyros Roukanas, Persefoni Polychronidou, Anastasios Karasavvoglou
R2,665 Discovery Miles 26 650 Ships in 18 - 22 working days

This book offers important new insights into recent advances and perspectives in the field of political economy of development in Southeastern European countries. In addition, it provides theoretical and empirical contributions to political economy of development in an international context. Written by authors from Greece, Serbia and Turkey, the book covers a broad spectrum of topics - from macroeconomics and economic policy to international political economy and globalization. Presenting new and original ideas, this is a valuable resource for anyone wishing to gain a deeper understanding of political economy of development in Southeastern Europe: academicians, policymakers and business practitioners.

An Enquiry into the Ideology and Reality of Market and Market System (Hardcover): J. Lepper An Enquiry into the Ideology and Reality of Market and Market System (Hardcover)
J. Lepper
R1,430 Discovery Miles 14 300 Ships in 18 - 22 working days

Why do markets exist? How are they maintained? What are market systems and how are they formed? This book addresses these fundamental questions and challenges the traditional view that markets and market systems are 'natural', asserting instead that they are ideologically coloured and of dubious scientific value.

The Evolution of the Non-market Economy Treatment in the Multilateral Trading System (Hardcover, 1st ed. 2018): Bin Zhang The Evolution of the Non-market Economy Treatment in the Multilateral Trading System (Hardcover, 1st ed. 2018)
Bin Zhang
R2,699 Discovery Miles 26 990 Ships in 18 - 22 working days

This book tries to integrate the different arrangements devised in the MTS for small and large NMEs into one analytical framework and explores two sets of rules (GATT/WTO-minus and GATT/WTO-plus) along three historical stages (shaping, weakening and strengthening). The focal point of this book is to uncover the composition and structure of the NME treatment in the MTS, its evolving logic and process, and the nature and trend of the political-economic relations between NMEs and the MTS.

EU Eastern Neighborhood - Economic Potential and Future Development (Hardcover, 2011): Marek Dabrowski, Maryla Maliszewska EU Eastern Neighborhood - Economic Potential and Future Development (Hardcover, 2011)
Marek Dabrowski, Maryla Maliszewska
R2,661 Discovery Miles 26 610 Ships in 18 - 22 working days

The selected papers in this volume were prepared under the research project on "EU Eastern Neighborhood: Economic Potential and Future Development (ENEPO)" funded by the EU Sixth Framework Program. They discuss the broad spectrum of development issues in the EU Eastern Neighborhood and economic relations between the enlarged EU and its Eastern neighbors in the former USSR. Individual chapters address areas of economic and social development, trade, energy, investment, migration, costs and benefits of economic reforms, development assistance and political economy of policy reforms. In particular, they examine interrelations and mutual synergies between trade liberalization, inflow of foreign investment, economic and institutional reforms and a reduction of income and development disparities. The publication thus closes an important knowledge gap in respect to the economic, social and institutional development of the CIS region and its economic relations with the EU.

Never Enough - Capitalism and the Progressive Spirit (Hardcover): Neil Gilbert Never Enough - Capitalism and the Progressive Spirit (Hardcover)
Neil Gilbert
R832 Discovery Miles 8 320 Ships in 18 - 22 working days

In this landmark work, Neil Gilbert addresses the long-standing tensions between capitalism and the progressive spirit. Challenging the contemporary progressive outlook on the failures of capitalism, Capitalism and the Progressive Spirit analyzes the empirical evidence for conventional claims about the real level of poverty, the presumed causes and consequences of inequality, the meaning and underlying dynamics of social mobility, and the necessity for more social welfare spending and universal benefits. A careful reading of the research reveals that these issues are far less serious than contemporary progressive claims would have the public believe. Progressive leaders, however, remain firmly wedded to the established social agenda, which conveys a vision of the good society that disregards the historically unprecedented and wide-spread abundance in the advanced post-industrial countries. Meanwhile, the progressive agenda inadvertently caters to the corrosive effects of insatiable consumption and the commodification of everyday life, from which modern capitalism profits. The analysis suggests that it is time to resist the material definition of progress that stands so high on the current agenda and envision alternative ways for government to advance society.

After the Spring - Economic Transitions in the Arab World (Hardcover, New): Magdi Amin, Ragui Assaad, Nazar Al-Baharna, Kemal... After the Spring - Economic Transitions in the Arab World (Hardcover, New)
Magdi Amin, Ragui Assaad, Nazar Al-Baharna, Kemal Dervis, Raj M. Desai, …
R1,158 Discovery Miles 11 580 Ships in 10 - 15 working days

The Arab Spring constitutes perhaps the most far-reaching political and economic transition since the end of communism in Europe. For too long, the economic aspirations of the people in the region, especially young people, have been ignored by leaders in Arab countries and abroad. Competing views as to how best to meet these aspirations are now being debated in the region. The outcome will shape Arab societies for generations to come.
The authors of this book argue that significant economic reforms must accompany the major political transitions that are underway. Although each country has a different economic structure and history and must make its own way forward, there are spill-overs from trade and investment linkages, the contagion of news cycles, interaction of people and sharing of expectations that are too great to ignore. Some common foundation of the new Arab economies is needed. Towards that end, this volume addresses four central challenges of economic reform in the Arab world. First, with two-thirds of the population under the age of 30, the disproportionate burdens of unemployment and poor education can no longer be heaped on youth. Second, while some government policies may have improved the living standards of Arab citizens in the past, they have also entrenched cronies, enriched a small elite, and become unaffordable. Third, if Arab economies are to compete in the 21st century they cannot depend solely on oil and gas money, remittances, and tourism, but will require active, independent private sectors. And finally, the relative isolation of Arab economies--both from each other and from the world--must end.
Rather than providing specific lists of recommendations, this book sets forth a set of guidelines and priorities for reformers who will begin creating new opportunities for youth, rebuilding the institutions of the state, diversifying the private sector, and cooperating with each other and integrating with the world economy.

Basic Income Guarantee and Politics - International Experiences and Perspectives on the Viability of Income Guarantee... Basic Income Guarantee and Politics - International Experiences and Perspectives on the Viability of Income Guarantee (Hardcover)
R. Caputo
R2,670 Discovery Miles 26 700 Ships in 18 - 22 working days

This volume will bring together international and national scholars and activists to provide historical overviews of the main efforts to date to pass unconditional basic income guarantee legislation in their respective countries and/or across regions of the globe. Each contributing author will be asked to address a specific set of issues or substantive content. Such issues will include who are or were the main people and groups involved in support or against such legislative efforts, what are or were the main theoretical and pragmatic reasons for the success or failure of BIG-related initiatives to date, what legislative alternatives compete with BIG for political favor, what if any relationship is there between a country's level of economic development and factors affecting the legislative fate of BIG measures, what the prospects are for the future. Ideally, each contribution or chapter would be country or region specific, although several contributors will make international or cross-country comparisons. A concluding chapter will identify commonalities and differences across countries and possibly regions to the extent contributing sufficiently address a common set of question as suggested above and it will draw lessons for advancing social policies in general and BIG policies in particular.

The Disposable Visionary - A Survival Guide for Change Agents (Hardcover): Curtis Powell, Bill Jerome The Disposable Visionary - A Survival Guide for Change Agents (Hardcover)
Curtis Powell, Bill Jerome
R1,672 R1,563 Discovery Miles 15 630 Save R109 (7%) Ships in 10 - 15 working days

Is it possible for visionary leaders to adhere to their idealism and integrity without becoming casualties of corporate conservatism and executive-level politics? This book says "yes," arguing for the need for visionary change agents in organizations and resolving the paradox of visionary change in a bureaucratic environment. Why do many companies state they want change but then often fire employees who truly rock the boat in their efforts to shift the paradigm to make improvements? How should "disposable visionaries"-leaders who are passionate about new ideas, but who underestimate or intentionally ignore the political environment that supports maintaining the status quo and consequently are in danger of losing their jobs-keep their passion regardless of the opposition... and also keep their jobs? Written with wit and filled with poignant insights and well-documented examples, this book provides practical advice and encouragement to those who are driven to promote new ideas and reach new levels of achievement. Not just for executive-level corporate leaders frustrated by their company's resistance to change, the information and inspiration presented will be enlightening to anyone who has ever been puzzled or annoyed by obstructive internal politics at work. Readers will come away with effective ways to deal with politics, champion breakthrough innovation, be recognized as their organization's most valuable asset, and unlock their potential to change the competitive playing field. The book will also be invaluable for business students who need to be aware of potential obstacles they will likely face as they embark on their careers. Helps visionaries to identify their character traits, both positive and negative, and gives them direction on how to hang on to their idealism while more clearly perceiving how their actions affect others in the organization, including their managers, corporate leadership, or board of directors Describes a previously undocumented yet common dynamic that has frustrated many ambitious employees, told from the visionary's own viewpoint Explains how to manage visionaries more effectively by encouraging them to make meaningful contributions that can be embraced and claimed by others in the organization Enables leaders who are change agents to improve their chances of staying in an executive position long enough for their ideas to gel and take positive effect Features interesting profiles of (ultimately) successful visionaries-maverick leaders who were often initially fired or smothered for their methods and mindsets-throughout the book

How Crises Shaped Economic Ideas and Policies - Wiser After the Events? (Hardcover, 2015 ed.): Nicos Christodoulakis How Crises Shaped Economic Ideas and Policies - Wiser After the Events? (Hardcover, 2015 ed.)
Nicos Christodoulakis
R3,381 R1,881 Discovery Miles 18 810 Save R1,500 (44%) Ships in 10 - 15 working days

This book explores how successful the various tenets of economic thought have been in prognosticating or remedying economic crises. Examining key episodes in economic history, from famines in antiquity to present-day financial collapse, the author finds that several theories failed to cope with a crisis and lost their academic impact. The author also presents cases in which major theoretical innovations were achieved after the experience of a crisis as well as cases where a completely new theory was needed to explain and face the events. This book will appeal to researchers and scholars interested in understanding how theoretical developments in economics are affected by real-world economic crises.

Public and Private Enforcement of Competition Law in Europe - Legal and Economic Perspectives (Hardcover, 2014 ed.): Kai... Public and Private Enforcement of Competition Law in Europe - Legal and Economic Perspectives (Hardcover, 2014 ed.)
Kai Huschelrath, Heike Schweitzer
R3,389 Discovery Miles 33 890 Ships in 10 - 15 working days

Over the past fifteen years, the optimal enforcement of EU competition law has become a major concern. This book contains a unique collection of articles by lawyers and economists on current issues in the public and private enforcement of competition law. Public enforcement has been strengthened in numerous ways for example, through the introduction of a leniency programme and a substantial increase in fines for competition law violations. At the same time the EU Commission has been promoting private enforcement for example, by developing a legal framework that grants victims of EU antitrust law infringements access to compensation.

The contributions in this book address a range of topics in the area of competition law enforcement, including the role of fines and leniency programmes in public enforcement; access to evidence and the quantification of damages in private enforcement; and the interaction between public and private enforcement of competition law in Europe."

Stock Market Capitalism: Welfare Capitalism - Japan and Germany versus the Anglo-Saxons (Hardcover, New): Ronald Dore Stock Market Capitalism: Welfare Capitalism - Japan and Germany versus the Anglo-Saxons (Hardcover, New)
Ronald Dore
R4,377 Discovery Miles 43 770 Ships in 10 - 15 working days

Many Japanese and Germans endorse the shareholder-first assumptions dominant today in Britain and America. Yet in both countries there are articulate defenders of what they consider to be a better, more social-solidary way of life. Dore traces the fascinating debates which ensue on corporate governance, on worker rights, on supplier relations, on cartels and anti-trust, on pensions and welfare. He also analyses actual changes in economic behaviour. These accounts of the battle for the national soul in Japan and Germany constitute one of the finest contributions to the 'diversity of capitalism' debate. Dore's account should be read by anyone who is interested to know whether, for all the talk of globalization, that diversity is going to survive.

Economic Cycles, Crises, and the Global Periphery (Hardcover, 1st ed. 2016): Leonid Grinin, Andrey Korotayev, Arno Tausch Economic Cycles, Crises, and the Global Periphery (Hardcover, 1st ed. 2016)
Leonid Grinin, Andrey Korotayev, Arno Tausch
R4,352 Discovery Miles 43 520 Ships in 10 - 15 working days

This thought-provoking monograph analyzes long- medium- and short-term global cycles of prosperity, recession, and depression, plotting them against centuries of important world events. Major research on economic and political cycles is integrated to clarify evolving relationships between the global center and its periphery as well as current worldwide economic upheavals and potential future developments. Central to this survey are successive waves of industrial and, later, technological and cybernetic progress, leading to the current era of globalization and the changes of the roles of both Western powers and former minors players, however that will lead to the formation of the world order without a hegemon. Additionally, the authors predict what they term the Great Convergence, the lessening of inequities between the global core and the rest of the world, including the wealth gap between First and Third World nations. Among the topics in this ambitious volume: * Why politics is often omitted from economic analysis. * Why economic cycles are crucial to understanding the modern geopolitical landscape. * How the aging of the developed world will affect world technological and economic future.< * The evolving technological forecast for Global North and South. * Where the U.S. is likely to stand on the future world stage. Economic Cycles, Crises, and the Global Periphery will inspire discussion and debate among sociologists, global economists, demographers, global historians, and futurologists. This expert knowledge is necessary for further research, proactive response, and preparedness for a new age of sociopolitical change.

Market Integration Through Data Protection - An Analysis of the Insurance and Financial Industries in the EU (Hardcover, 2013... Market Integration Through Data Protection - An Analysis of the Insurance and Financial Industries in the EU (Hardcover, 2013 ed.)
Mario Viola de Azevedo Cunha
R4,138 R3,337 Discovery Miles 33 370 Save R801 (19%) Ships in 10 - 15 working days

In the context of the continuous advance of information technologies and biomedicine, and of the creation of economic blocs, this work analyzes the role that data protection plays in the integration of markets. It puts special emphasis on financial and insurance services. Further, it identifies the differences in the data protection systems of EU member states and examines the development of common standards and principles of data protection that could help build a data protection model for Mercosur. Divided into four parts, the book starts out with a discussion of the evolution of the right to privacy, focusing on the last few decades, and taking into account the development of new technologies. The second part discusses the interaction between data protection and specific industries that serve as case studies: insurance, banking and credit reporting. The focus of this part is on generalization and discrimination, adverse selection and the processing of sensitive and genetic data. The third part of the book presents an analysis of the legislation of three EU Member States (France, Italy and UK). Specific elements of analysis that are compared are the concepts of personal and anonymous data, data protection principles, the role of the data protection authorities, the role of the data protection officer, data subjects' rights, the processing of sensitive data, the processing of genetic data and the experience of the case studies in processing data. The book concludes with the proposal of a model for data protection that could be adopted by Mercosur, taking into account the different levels of data protection that exist in its member states."

The Price of Tomorrow - Why Deflation is the Key to an Abundant Future (Hardcover): Jeff Booth The Price of Tomorrow - Why Deflation is the Key to an Abundant Future (Hardcover)
Jeff Booth
R829 Discovery Miles 8 290 Ships in 9 - 17 working days
Does Capitalism Have a Future? (Hardcover): Immanuel Wallerstein, Randall Collins, Michael Mann, Georgi Derluguian, Craig... Does Capitalism Have a Future? (Hardcover)
Immanuel Wallerstein, Randall Collins, Michael Mann, Georgi Derluguian, Craig Calhoun
R3,831 Discovery Miles 38 310 Ships in 10 - 15 working days

The Great Recession has prompted a reassessment of the specific mode of capitalist accumulation that achieved dominance in the era of globalization. Yet just about all of this literature has focused on one of two issues: why things went wrong, and what we need to do in order to return the system to stability. Outside of a contingent of radical socialists on the fringes of the debate, virtually no one questioned whether capitalism could continue. In Does Capitalism Have a Future?, the prominent theorist Georgi Derleugian has gathered together a quintet of eminent macrosociologists to assess whether the capitalist system can survive. The prevalent common wisdom, for all its current gloom, nevertheless safely assumes that capitalism cannot break down permanently because there is no alternative. The authors shatter this assumption, arguing that this generalization is not supported by theory but is rather an outgrowth of the optimistic nineteenth-century claim that human history ascends through stages to an enlightened equilibrium of liberal capitalism. Yet as they point out, just about all major historical systems have broken down in the end (e.g., the Roman empire). In the modern epoch there have been several cataclysmic events-notably the French revolution, World War I, and the collapse of the Soviet bloc-that came to pass mainly because contemporary political elites had spectacularly failed to calculate the consequences of the processes they presumed to govern. At present, none of our governing elites and very few of our intellectuals can fathom an ending to our current reigning system. Considering whether a collapse is possible is the task that the quintet-Derleugian, Michael Mann, Randall Collins, Craig Calhoun, and Immanuel Wallerstein-sets out to explore. While all of the contributors arrive at different conclusions, they are in constant dialogue with each other and therefore able to construct relatively seamless-if open-ended-whole. For instance, Wallerstein (who accurately predicted the collapse of the Soviet system in 1979) and Collins, identify fatal structural faults in twenty-first century capitalism. Mann, on the other hand, does not think that there is any serious alternative to the market dynamic, but he does identify other serious threats to the system, including environmental degradation. Calhoun and Derluguian are more circumspect and focus on the role of politics in steering the system toward either revival or collapse. This most ambitious of books, written by the highest caliber of sociologists, asks the biggest of questions: are we on the cusp of a radical world historical shift or not?

Privatisation in Ireland - Lessons from a European Economy (Hardcover, New): D Palcic, E. Reeves Privatisation in Ireland - Lessons from a European Economy (Hardcover, New)
D Palcic, E. Reeves
R2,659 Discovery Miles 26 590 Ships in 18 - 22 working days

"This book analyses privatisation in Ireland, a European economy that has experienced rapidly changing fortunes over the last 30 years. It examines the effects of privatisation in terms of corporate performance, public finances and the distributional aspects of privatisation including the impact on employment and share ownership"--

Corruption, Development and Institutional Design (Hardcover): J Kornai, L. Matyas, G Roland Corruption, Development and Institutional Design (Hardcover)
J Kornai, L. Matyas, G Roland
R2,660 Discovery Miles 26 600 Ships in 18 - 22 working days

With the aim of providing a comprehensive analysis of institutions, and of the global economy more generally, this text explores systems of institutions and the effect of corruption, developments in behavioural economics, the impact of immigration, and the links between democratic progress and economic growth. Papers from the Fourteenth World Congress of the International Economic Association held in Marrakech from August 29 to September 2, 2005.

Third Millennium Capitalism - Convergence of Economic, Energy, and Environmental Forces (Hardcover): Wyatt Rogers Third Millennium Capitalism - Convergence of Economic, Energy, and Environmental Forces (Hardcover)
Wyatt Rogers
R2,810 R2,544 Discovery Miles 25 440 Save R266 (9%) Ships in 10 - 15 working days

The Third Millennium presents unprecedented opportunities and challenges to capitalism as a global economic system. Technological advances, governmental policies, energy supply, ecological concerns, and a burgeoning world population are among the issues to be addressed by private enterprise in holistic and humanitarian ways. No longer can these issues be treated in isolation inasmuch as they are becoming increasingly interdependent.

As Rogers shows, in industrialized nations, with their aging and stabilizing populations, the marketplace and the working environment are changing, requiring new approaches to work and leisure. In sharp contrast, populations in the Third World are growing rapidly and represent vast potential new markets for the private sector. Simultaneously, enormous social, health, and political problems abound in many Third World countries that may be addressed by private sector and governmental initiatives. Economic expansion in Third World nations will require great expansion of electric and other energy systems, resulting in increased environmental degradation unless major preventive measures are taken. Continued growth of energy systems in industrialized nations will require the introduction of increased pollution controls in the near future. A definitive transition from dependence on fossil fuels to nonpolluting renewable energy sources should be a major global priority. Environmental protection efforts, previously confined to major industrialized nations, should become a high priority issue on a global basis. Global climate change and other air pollution, desertification, deforestation, loss of biodiversity, and water pollution are extending into formerly pristine areas, forcing international approaches to mitigation. A challenging assessment for business officers, policy analysts, and economists involved with corporate strategy and economic development.

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