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Books > Business & Economics > Economics > Economic systems > General
Cashless infrastructures are rapidly increasing, as credit cards, cryptocurrencies, online and mobile money, remittances, demonetization, and digitalization process replace coins and currencies around the world. Who's Cashing In? explores how different modes of cashlessness impact, transform and challenge the everyday lives and livelihoods of local communities. Drawing from a wide range of ethnographic studies, this volume offers a concise look at how social actors and intermediaries respond to this change in the materiality of money throughout multiple regional contexts.
This edited volume focuses on specific, crucially important structural measures that foster corporate change, namely cross-border mergers. Such cross-border transactions play a key role in business reality, economic theory and corporate, financial and capital markets law. Since the adoption of the Cross-border Mergers Directive, these mergers have been regulated by specific legal provisions in EU member states. This book analyzes various aspects of the directive, closely examining this harmonized area of EU company law and critically evaluating cross-border mergers as a method of corporate restructuring in order to gain insights into their fundamental mechanisms. It comprehensively discusses the practicalities of EU harmonization of cross-border mergers, linking it to corporate restructuring in general, while also taking the transposition of the directive into account. Exploring specific angles of the Cross-border Mergers Directive in the light of European and national company law, the book is divided into three sections: the first section focuses on EU and comparative aspects of the Cross-border Mergers Directive, while the second examines the interaction of the directive with other areas of law (capital markets law, competition law, employment law, tax law, civil procedure). Lastly, the third section describes the various member states' experiences of implementing the Cross-border Mergers Directive.
The first phase of transition to a market economy in Central and Eastern Europe was characterized by a sharp decline in output. The fall in real GDP exceeded 20% while real industrial production even decreased by 40%. This text provides comprehensive multi-factor explanations for this unique and painful experience. Various hypotheses are analyzed: credit and fiscal policies may have been too tight; the collapse of the CMEA and the USSR came as a shock; domestic producers were neither experienced, nor flexible enough to adjust the output to new patterns of demand. It contains a combination of authors from East and West who have extensively analyzed new data based on national studies. If we can understand the causes of recent output decline then we can hope to assess the prospects for Eastern Europe. The book is intended for researchers and students as well as interested officials who deal with the transition of formerly centrally planned economies in Central and Eastern Europe.
The issues discussed in this book are the building blocks needed for an interdisciplinary theoretical framework that will allow for value creation and reporting by the most important assets organizations have, its human capital.
This enlightening text analyses the origins of Western complaints, prevalent in the late nineteenth century, that Japan was characterised at the time by exceptionally low standards of 'commercial morality', despite a major political and economic transformation. As Britain industrialised during the nineteenth century the issue of 'commercial morality' was increasingly debated. Concerns about standards of business ethics extended to other industrialising economies, such as the United States. Hunter examines the Japanese response to the charges levelled against Japan in this context, arguing that this was shaped by a pragmatic recognition that Japan had little choice but to adapt itself to Western expectations if it was to establish its position in the global economy. The controversy and criticisms, which were at least in part stimulated by fear of Japanese competition, are important in the history of thinking on business ethics, and are of relevance for today's industrialising economies as they attempt to establish themselves in international markets.
Dynamic Systems in Management Science explores the important gaps in the existing literature on operations research and management science by providing new and operational methods which are tested in practical environment and a variety of new applications.
This book explores the role of national fiscal policies in a selected group of Euro-area countries under the European Economic and Monetary Union (EMU). In particular, the authors characterize the response of output to fiscal consolidations and expansions in the small Euro-area open economies affected by high public and private debt. It is shown that the macroeconomic outcome of fiscal shocks is strongly related to debt levels. The Euro-area countries included in the investigation are Greece, Ireland, Italy, the Netherlands, Spain, and Portugal, over the sample period 1999-2016, i.e., the EMU period. The main econometric tools used in this research are structural vector autoregressive (VAR) models, including panel VAR models. The available literature relating to the subject is also fully reviewed. A further closely investigated topic is the potential spillover effects of German fiscal policies on the selected small Euro-area economies. Moreover, in the perspective of the evolution of the Euro Area towards a full Monetary and Fiscal Union, the authors study the effects of area-wide government spending shocks on aggregate output and other macroeconomic variables during the EMU period. The closing chapter of the book considers evidence on the consequences of austerity policies for European labour markets during recent years.
Based on long-term research, this book comprehensively and systematically discusses the industrialization process in China, analyzing the level, characteristics, achievements and experiences as well as the problems faced. It also provides answers to important questions related to economic development and the industrialization process in China, such as what level of industrialization China has achieved and whether China can become an industrialized country. Lastly, it offers an explanation of China's economic development from the perspective of industrialization.
This book demonstrates the theoretical value and practical significance of systems science and its logic of thinking by presenting a rigorously developed foundation-a tool for intuitive reasoning, which is supported by both theory and empirical evidence, as well as practical applications in business decision making. Following a foundation of general systems theory, the book presents an applied method to intuitively learn system-sciences fundamentals. The third and final part examines applications of the yoyo model and the theoretical results developed earlier within the context of problems facing business decision makers by organically combining methods of traditional science, the first dimension of science, with those of systems science, the second dimension, as argued by George Klir in the 1990s. This text would benefit graduate students, researchers, or practitioners in the areas of mathematics, systems science or engineering, economics, and business decision science.
This book, the second of two volumes, continues the authors' ground-breaking re-examination of India's history and political economy. This volume describes the economic fortunes of India in the second half of the 20th century. Beginning with the reconstruction of the Planning Commission and India's hybrid model of economic planning, the authors describe the multiple shocks weathered by the system before being replaced with a fully free market model after the collapse of the Soviet Union. Chapters consider the stresses placed on India's organisation by the shocks of the twentieth century, from its experiments with a socialist economy to its embrace of the Washington consensus in the 1980s. The impact of the invasion of China in 1962 and India's struggle to find its feet post-partition are also given detailed analysis. The book's unique perspective helps to shed light, for the first time, on how India's organisational structure negotiated the country's immense historical and cultural inheritance with the stresses of a twentieth century nation state.
A provocative analysis of how government presence in the workplace has caused diminishing profits for American businesses and has led to increased levels of unemployment. As more and more workers are being placed on unemployment, the need for bold and immediate action is necessary. Sinas lays out a viable solution to our unemployment crisis, and takes the government to task for its increasingly destructive intervention in the workplace. Since graduating from Michigan State University with a Master's Degree in Labor and Industrial Relations, he has directed human resources departments in both union and non-union environments, with complete HR management responsibilities for domestic and foreign operations. He currently directs the human resources consulting services for The PR Companies, which own and operate businesses involved in human resources outsourcing, recruiting, staffing, and business coaching. Sinas provides hundreds of clients with solutions to their human resources issues and guides them through the myriad of employment laws and regulations. He has conducted extensive training in the areas of employment law; regulatory compliance; performance management; effective supervision; and employee recruitment. He has been the keynote speaker at various trade associations, industry groups, client companies, Chambers of Commerce and human resource seminars.
An influential sociologist revives materialist explanations of class, while accommodating the best of rival cultural theory. Following the collapse of the Soviet Union, analysis of class and other basic structures of capitalism was sidelined by theorists who argued that social and economic life is reducible to culture-that our choices reflect interpretations of the world around us rather than the limitations imposed by basic material facts. Today, capitalism is back on the agenda, as gross inequalities in wealth and power have pushed scholars to reopen materialist lines of inquiry. But it would be a mistake to pretend that the cultural turn never happened. Vivek Chibber instead engages cultural theory seriously, proposing a fusion of materialism and the most useful insights of its rival. Chibber shows that it is possible to accommodate the main arguments from the cultural turn within a robust materialist framework: one can agree that the making of meaning plays an important role in social agency, while still recognizing the fundamental power of class structure and class formation. Chibber vindicates classical materialism by demonstrating that it in fact accounts for phenomena cultural theorists thought it was powerless to explain. But he also shows that aspects of class are indeed centrally affected by cultural factors. The Class Matrix does not seek to displace culture from the analysis of modern capitalism. Rather, in prose of exemplary clarity, Chibber gives culture its due alongside what Marx called "the dull compulsion of economic relations."
This book examines EU Eastern Partnership taking into account geopolitical challenges of EU integration. It highlights reasons for limited success, such as systematic conflict of EU External Action. In addition, the book analyses country-specific issues and discusses EaP influence on them, investigating political, economic and social factors, while seeking for potential solutions to existing problems. The reluctance of the Eastern countries to the European reforms should not reduce political pro-activeness of the EU. The authors suggest that EaP strategies should be reviewed to be more reciprocal and not based solely on the EU-laden agenda. This book is one of the good examples of cooperation between scholars not only from EaP and EU countries, but also from different disciplines, bringing diversity to the discussion process.
This book explores the development of state welfare in Taiwan, focusing on the interconnection between capitalist development and state welfare from 1895 to 1990, using an integrated Marxist perspective to which the capitalist world system, state structure, ideology, and social structure are considered simultaneously. It argues that neither citizenship nor welfare needs were the concern of Taiwanese social policies. A decline in legitimacy and risen social movements forced the state to expand welfare, namely the National Health Insurance, in the 1980s.
This book is the first full-length treatment of the desirability and feasibility of implementing a citizen's income (also known as a basic income). It tests for two different kinds of financial feasibility as well as for psychological, behavioral, administrative, and political viability, and then assesses how a citizen's income might find its way through the policy process from proposal to implementation. Drawing on a wide variety of sources of evidence from around the world, this new book from the director of the Citizen's Income Trust, UK, provides an essential foundation for policy and implementation debates. Governments, think tanks, economists, and public servants will find this thorough encompassing book indispensable to their consideration of the economic and social advantages and practicalities of a basic income.
One of the primary functions of law is to ensure that the legal structure governing all social relations is predictable, coherent, consistent and applicable. Taken together, these characteristics of law are referred to as legal certainty. In traditional approaches to legal certainty, law is regarded as a hierarchical system of rules characterized by stability, clarity, uniformity, calculable enforcement, publicity and predictability. However, the current reality is that national legal systems no longer operate in isolation, but within a multilevel legal order, wherein norms created at both the international and regional level are directly applicable to national legal systems. Also, norm creation is no longer the exclusive prerogative of public officials of the state: private actors have an increasing influence on norm creation as well. Social scientists have referred to this phenomenon of interacting and overlapping competences as multilevel governance. Only recently have legal scholars focused attention on the increasing interconnectedness (and therefore the concomitant loss of primacy of national legal orders) between the global, European and national regulatory spheres through the concept of multilevel regulation. In this project the author uses multilevel regulation as a term to characterize a regulatory space in which the process of rule making, rule enforcement and rule adjudication (the regulatory lifecycle) is dispersed across more than one administrative or territorial level and amongst several different actors, both public and private. The author draws on the concept of a regulatory space, using it as a framing device to differentiate between specific aspects of policy fields. The relationship between actors in such a space is non-hierarchical and they may be independent of each other. The lack of central ordering of the regulatory lifecycle within this regulatory space is the most important feature of such a space. The implications of multilevel regulation for the notion of legal certainty have attracted limited attention from scholars and the demand for legal certainty in regulatory practice is still a puzzle. The book explores the idea of legal certainty in terms of the perceptions and expectations of regulatees in the context of medical products - specifically, pharmaceuticals and medical devices, which can be differentiated as two regulatory spaces and therefore form two case studies. As an exploratory project, the book necessarily explores new territory in terms of investigating legal certainty first in terms of regulatee perceptions and expectations and second, because it studies it in the context of multilevel regulation.
A classic work in political philosophy, intellectual history and economics, The Road to Serfdom has inspired and infuriated politicians and scholars for half a century. Originally published in 1944, it was seen as heretical for its passionate warning against the dangers of state control over the means of production. For Hayek, the collectivist idea of empowering government with increasing economic control would lead not to a utopia but to the horrors of Nazi Germany and Fascist Italy. This new edition includes a foreword by series editor and leading Hayek scholar Bruce Caldwell explaining the book's origins and publishing history and assessing common misinterpretations of Hayek's thought. Caldwell has also standardized and corrected Hayek's references and added helpful new explanatory notes. Supplemented with an appendix of related materials and forewords to earlier editions by the likes of Milton Friedman, and Hayek himself, this new edition of The Road to Serfdom will be the definitive version of Friedrich Hayek's enduring masterwork.
The book contains a collection of high-quality academic and expert contributions dealing with the central question of whether the Lisbon Treaty needs further revision. Due to the difficulties European Union actors have encountered in implementing the Lisbon Treaty s reform and the inadequacies of the current legal framework brought to light by post-Lisbon practice, the volume focuses on possible innovations and functional approaches to improve the Union s response to the challenges confronting it. In doing so, the volume first takes a horizontal approach to the Treaty revision and considers some constitutional features showing the interaction between the EU and its Member States (namely, the parameters of constitutional developments, the allocation of competences, the principles of solidarity and loyal cooperation). Then, the focus shifts to the question of fundamental rights within the EU s constitutional framework, one of the most relevant innovations of the Lisbon Treaty being the incorporation of the Charter of Fundamental Rights into the Union s primary law. The last part of the volume is devoted to another domain significantly reshaped by the Lisbon reform, namely, the Union s external dimension. ECJ Advocate General Paolo Mengozzi s conclusions highlight the common themes emerging from the various contributions, stressing the need for a more general supranational approach to the political crisis the Union is going through. The content of this book will be of great value to academics, students, judges, practitioners and all others interested in the legal discourse on the progressive development of the European Union legal order."
This book argues that that the rise of great firms - those with sustainable high return on invested capital (ROIC) - will lay the foundation for China's successful economic transformation. Drawn from the author's research on corporate finance and the Chinese economy, the author maintains that being big could be easy but means little for corporate China, especially in the context of China's transition from an investment-led economy to an efficiency-driven one. The work discusses both internal and external impediments that lead to lack of great companies in China and suggests institutional conditions which foster the rise of great companies in China, including, reversing the government's obsession with GDP, reforming the financial system, and promoting entrepreneurship. Policy makers, investors, corporate executives, and MBA students and scholars will appreciate case studies of Huawei, Alibaba, Xiaomi, and Lenovo, among others, that illustrate the endeavors made by Chinese entrepreneurs at the grassroots level and highlight what makes successful companies in China.
Help the world bridge the digital divide by learning an easy-to-use method that allows everyone to enjoy the benefits of the Internet using just a phone and their voice. Computer and technology expert Emdad Khan pinpoints the factors that affect the use of technology, including the language divide. While the English-speaking world dominates the Internet, it's possible for all people to reap its benefits using just their voice in their native language. The Voice Internet ushers in a new era of access to technology. It eliminates the need to learn a new language, is affordable, and overcomes problems associated with many devices, such as needing to use a small keypad and screen. Get ready to learn how Voice Internet technology rides on existing infrastructure; how to take further steps to harness the benefits of the Internet; and how this technology can positively affect economies and cultures. If you are a decision maker, governmental policy maker, teacher, entrepreneur, philanthropist, or someone concerned with helping humanity enjoy access to the Internet, then this guidebook provides you with the knowledge to take action. Bridge the gaps that limit the usage of technology and open up the "Internet for Everyone."
This book elaborates on how China's previous leaders established, consolidated, developed and improved China's basic modern governance system. It also explores and discusses how to correctly, objectively and scientifically perceive, evaluate and promote the modernization of China's state governance and its capacity. Using detailed and accurate data and extensive background information, this book analyzes the changing history and future perspectives of the relationship between China's government and the market, state-owned economy and private economy. Covering an extensive timespan, this comprehensive book includes contributions from Chinese scholars specialized in contemporary China studies discussing the major breakthroughs and decision-making consultations in Chinese development strategies. It also offers insights into the research mechanism and development levels of Chinese think tanks based at research institutes. Last but not least, it sheds light on the democratic advances in the Chinese decision-making process. |
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