'Linda Yueh's analysis of what past financial crises have in common is an important contribution that can help society anticipate and tackle potential crashes in the future' Christine Lagarde 'Fascinating, well-written and authoritative' Tim Harford The global economy has weathered the most tumultuous century in modern financial history. Since the Wall Street Crash in 1929, financial meltdowns have repeatedly sent shockwaves through our world. From the currency crises of the 1980s and 1990s, to Japan's housing crash, the dot com boom and bust, the global financial meltdown, the euro crisis and the COVID pandemic, The Great Crashes tells the stories of ten of these historic events. They serve as a series of cautionary tales, each with their own set of lessons to be learnt. With clear-eyed analysis, renowned economist Dr Linda Yueh extracts a three step framework to help recognise the early signs of a crash and mitigate the effects - all with the hope of preventing the worst mistakes of the past from being repeated in the next inevitable financial crisis. She warns about where the next one might come from and shows how her framework could contain it. Combining her in-depth knowledge with compelling storytelling, The Great Crashes is essential reading that offers urgent lessons for the modern world.

Major changes which have occurred since this book was first published have been included in this edition. In particular, the chapter on Germany has been substantially revised and now includes a separate section on easter Germany. The other five countries covered in the book have also witnessed changes in their business culture and these have been taken into consideration. This book examines the background to business practice in Europe of six major countries: Germany, France, Italy, the UK, Spain and the Netherlands. Each chapter tracks the commercial development of that country in the late 1970s, 1980s and early 1990s, focusing on the business environment, special features affecting business, and the response to the EC's single market. The business culture section in each is divided further into business and government, business and the economy, business and the law, business and finance, business and the labour market, business and trade unions and business training, education and development. The test is organized in such a manner to enable cross-referencing between countries, and maps have been included in the new edition.

This book illustrates two approaches for firms to shape successful circular strategies, namely, the Circular Economy and Circular Districts. The former considers firms' challenges when turning theoretical circular models into practice. Thus, it discusses the opportunities and difficulties in reshaping corporate strategies by reflecting on circular economy principles. The latter approach plays a new role within the new economy systems and this book conceptualizes and operationalizes its definition. The circular district can represent an effective way to accelerate the energy transition process by developing industrial collaborations and exploiting technology synergies to enhance circularity and achieve economic, environmental, and social targets. The book highlights how firms should adjust their strategic thinking, redesign their network of relationships, and reconsider the value creation process when the circular economy is a concrete option. Furthermore, it examines the evolution from circular economy to circular districts by revealing the motivations that push firms and supply chains to redesign their strategies by considering the perspective of a circular district. The book ends by analyzing business experiences in these two areas and proposes advancements for both the scientific community and the business world. The book offers a blend of theoretical frameworks and practical applications and will be of particular interest to scholars in the fields of sustainable operations, closed-loop supply chain, green supply chain management, and circular supply chains. Also, the operationalization of the concept of circular districts, offers a genuine and original theoretical contribution, thus targeting students from Executive programs, MBA programs, and PhD programs. The book will also attract managers, practitioners and professionals interested in real-world cases and experiences as well as practical developments in the domain.

Building Business Value through Talent uniquely describes how a CEO and CHRO can accelerate business growth by working together to design and operationalize value-driven talent strategies. CEOs focus on decisions that will drive the business strategy forward while HR leaders routinely try to satisfy the needs of the largest number of employees. Often, the two align superficially or in administrative ways - and to put out the occasional flash fire. This book changes that dynamic by unlocking the investment potential of HR and empowering an unprecedented, tangible and measurable partnership between CEOs and CHROs. Framed as a product guide, the "product" is visualized as the HR Operating Model necessary to succeed in our modern economy: a business-based talent planning and investment strategy to sustain talent solutions and intellectual capital growth. This product guide provides the tools and insights that business leaders are seeking in order to win the ever more challenging battles in their war for talent. Learning and adopting these winning practices will provide a visible testament to the effective leadership of any CEO and CHRO team.

The Russian Enterprise in Transition provides a unique insight into the realities of the restructuring of Russian industrial enterprises in the transition period from the boardroom to the shop floor.An introductory chapter by Simon Clarke, which gives an overview of the industrial enterprise in transition, is followed by four in-depth case study reports of enterprises, covering the period since the beginning of the radical reform. Each report looks at the changing strategy of management at various levels in response to the challenge of transition, at the response of the shop floor and to the more subtle changes in values and social relations within the enterprise over the period of reform. Together the reports cover five enterprises which provide a cross-section of different types of former state enterprises. Two of the enterprises covered were among the pioneers of privatization, two were flagships of the military-industrial sector which had to respond to the collapse of the traditional markets, and the fifth was a passenger transport enterprise which remains in state control. The Russian Enterprise in Transition is the fourth volume in the series Management and Industry in Russia, reporting directly on the results of a unique programme of case study and ethnographic research into the restructuring of social relations in Russian industrial production. Together these case study reports provide a unique insight into industrial life in Russia and are an essential component to the previous volumes in the series, which have focused on substantive thematic analysis.

This book explores the twists and turns in Argentina's modern economic history and the debates that raged there around a problem common to all former colonies: how to achieve a level of economic growth for its population in a world characterized by unequal economic relations between the industrialized nations of the north and the commodity producers of the south. This new perspective examines the history of ideas surrounding industrialization and economic development in Argentina, drawing on a rigorous investigation of multiple sources. It demonstrates Argentina's role as a laboratory for and disseminator of ideas that would eventually become the common property of all the developing world. Influential thinkers such as Raul Prebisch and Aldo Ferrer, leading figures in twentieth century Latin American economic thought, developed important ideas such as unequal international trade relations, the promise and limits of Import Substitution Industrialization, the role of the state in the development of a national capitalism. These were the forerunners of similar concerns in other countries in Latin America and elsewhere in the world. The book will be of interest to historians, economists, sociologists of economic development, and related disciplines concerned with questions of global economic inequality.

This book investigates how extractive capitalism has developed over the past three decades, what dynamics of resistance have been deployed to combat it, and whether extractivism can ever be transformed into being a part of a progressive development path. It was not until the 21st century that the extraction of natural resources and raw materials took on a decidedly capitalist form, with the global north extracting primary commodities from the global south as a means of capital accumulation. This book investigates whether extractivism, despite its well-documented negative and destructive socioenvironmental impacts and the powerful forces of resistance that it has generated, could ever be transformed into a sustainable post-development strategy. Drawing on diverse sectoral forms of extractivism (mining, fossil fuels, agriculture), this book analyses the dynamics of both the forces of resistance generated by the advance of extractive capital and alternate scenarios for a more sustainable and liveable future. The book draws particularly on the Latin American experience, where both the propensity of capitalism towards crisis and the development of resistance dynamics to 'extractive' capital have had their greatest impact in the neoliberal era. This book will be of interest to researchers and students across development studies, economics, political economy, environmental studies, indigenous studies, and Latin American affairs.

ERP Systems for Manufacturing Supply Chains: Applications, Configuration, and Performance provides insight into the core architecture, modules, and process support of ERP systems used in a manufacturing supply chain. This book explains the building blocks of an ERP system and how they can be used to increase performance of manufacturing supply chains. Starting with an overview of basic concepts of supply chain and ERP systems, the book delves into the core ERP modules that support manufacturing facilities and organizations. It examines each module's structure and functionality as well as the process support the module provides. Cases illustrate how the modules can be applied in manufacturing environments. Also covered is how the ERP modules can be configured to support manufacturing supply chains. Setting up an ERP system to support the supply chain within single manufacturing facility provides insight into how an ERP system is used in the smallest of manufacturing enterprises, as well as lays the foundation for ERP systems in manufacturing organizations. The book then supplies strategies for larger manufacturing enterprises and discusses how ERP systems can be used to support a complete manufacturing supply chain across different facilities and companies. The ERP systems on the market today tend to use common terminology and naming for describing specific functions and data units in the software. However, there are differences among packages. The book discusses various data and functionalities found in different ERP-software packages and uses generic and descriptive terms as often as possible to make these valid for as many ERP systems as possible. Filled with insight into ERP system's core modules and functions, this book shows how ERP systems can be applied to support a supply chain in the smallest of manufacturing organizations that only consist of a single manufacturing facility, as well as large enterprises where the manufacturing supply chain crosses multiple facilities and companies.

"A highly readable and yet comprehensive book on network businesses that have become governable with the advent of cloud and big data computing. Vivek Kale is a master of simplifying the complex world of network theory and its relevance to business." -Jagdish N. Sheth, Charles H. Kellstadt Professor of Marketing, Emory University Agile Network Businesses: Collaboration, Coordination, and Competitive Advantage reflects the shift from traditional networks to virtual and agile networks that enable businesses to operate dynamically, thereby representing markets more closely. This book enables IT managers and business decision-makers to understand clearly what network businesses and enterprises are, what they can do for them, and how to realize them. Customers in geographically dispersed markets are demanding higher quality products in a greater variety, at lower cost, and in a shorter time. Thus, enterprises have moved from a few centralized and vertically integrated facilities to geographically dispersed networks of capabilities, competencies and resources, which are the core of network businesses. Enterprises are now constructing more fluid network businesses in which each member facility focuses on differentiation and relies increasingly on its partners, suppliers, and customers to provide the rest. Network businesses have emerged as an organizational paradigm for collaboration and coordination across loosely connected individual organizations. This pragmatic book: Introduces network solutions and distributed systems that are a first step towards enabling a network enterprise. It also gives a detailed description of networks and agent system that have paved the road to network enterprises. Describes the basics of service-oriented architecture (SOA), cloud computing, and big data that are essential to network enterprises. Details the distinguishing aspects of network enterprises, which include virtual enterprises, management of network enterprises, and collaborative network enterprises. Covers such major application areas as supply, manufacturing, e-business, platform, social and wireless sensor networks. Introduces decision networks in the context of supply chain networks This book reinterprets the traditional supply chain in terms of the flow of decisions, information, and materials, which leads to reconfiguring the traditional supply chain network into mutually separate decision networks (e.g., fourth-party logistics or 4PL), information networks (e.g., wireless sensor networks), and logistics networks (e.g., third-party logistics or 3PL).

Increased emphasis on the links between regional diversity and regional knowledge, innovation and entrepreneurship highlights the need for a focus on the spatial aspects of these multifaceted, dynamic relationships in order to improve our understanding. By means of a conceptual approach, this timely book illustrates the links between innovation and economic development through the role of space. This thought-provoking book addresses the questions regarding diversity, innovation and clusters that require further investigation and analysis. Chapters written by expert contributors bring together cutting-edge theoretical and empirical studies to consider issues such as how spatial diversity affects collaboration, knowledge and innovation; how innovation arises in various locations; how innovative approaches can be identified for local regeneration; and how the growing visibility and importance of start-up companies in the global economy can be analysed. Diversity, Innovation and Clusters will be a key resource for students and academics researching in the fields of economic geography, regional economics, innovation and entrepreneurship. This book provides insights that will be crucial for providing policy makers, planners and consultants with a more comprehensive decision-making platform by utilising spatial perspectives as a driving force for economic growth and development. Contributors include: T. Arvemo, D. Bartlett, K. Berg, I. Bernhard, U. Grasjoe, T. Gronning, M. Imase, I. Jonsson, C. Karlsson, N. Kishida, U. Lundh Snis, M. McKelvey, T. Maeno, L. Mosesdottir, T. Mroczkowski, G.F. Mulligan, M. Okuyama, A.K. Olsson, K. Sakakura, T. Yasui

The fields of Economic Geography and International Business share an interest in the same phenomena, whilst each provides both a differing perspective and different research methods in attempting to understand those phenomena. The Routledge Companion to the Geography of International Business explores the nature and scope of inter-disciplinary work between Economic Geography and International Business in explaining the central issues in the international economy. Contributions written by leading specialists in each field (including some chapters written by inter-disciplinary teams) focus on the nature of multinational firms and their strategies, where they choose to locate their activities, how they create and manage international networks and the key relationships between multinationals and the places where they place their operations. Topics covered include the internationalisation of service industries, the influence of location on the competitiveness of firms and the economic dynamism of regions and where economic activity takes place and how knowledge, goods and services flow between locations. The book examines the areas for fruitful inter-disciplinary work between International Business and Economic Geography and sets out a road map for future joint research, and is an essential resource for students and practitioners of International Business and Economic Development.

Originally published in 1982, The Railwaymen examines the impact of the transformation which took place in the British Railways in the second half of the 20th Century on the people who maintained British railway services and reveals the change which took place in the union to which most of them belonged: the National Union of Railwaymen (now part of the National Union of Rail and Maritime Transport Workers: RMT). The union's reaction to the Beeching closures of the 1960s and the Industrial Relations Act of 1971, its policies on the closed shop, inter-union rivalries, representation in Parliament and the constitution of the Labour Party are treated authoritatively by the author who had access to all the union's records.

Originally published in 1963, The Railwaymen recounts the struggle of the Amalgamated Society of Railway Servants from its foundation in 1872 until the first national railway strike in 1911 to gain recognition from the companies and a reduction in the excessive hours of labour and the scandalously high accident rate among railwaymen. Two chapters recall the decisive role of the union, through the Taff Vale and Osborne cases in shaping the modern labour movement. Founded through the merging of three unions in 1913, the NUR crossed swords with Lloyd George in the railway strike of 1919 and with Baldwin and Churchill in the general strike. It led the railwaymen through two world wars, helped shape the transport act of 1947 and, after 1951, thought for the re-establishment of an adequate system of public transport.

This expansive and practical Handbook introduces the methods currently used to increase the understanding of the usefulness and versatility of a systematic approach to qualitative research in entrepreneurship. It fills a crucial gap in the literature on entrepreneurship theory, and, just as importantly, illustrates how these principles and techniques can be appropriately and fruitfully employed. The Handbook is underpinned by the belief that qualitative research has the potential to charter hitherto unexplored waters in the field of entrepreneurship and thus contribute significantly to its further advancement. The contributors seek to assist entrepreneurship researchers in making more informed choices and designing more rigorous and sophisticated studies. They achieve this by providing concrete examples of research experiences and tangible 'how to' advice. By clarifying what these research methods entail, how they are currently being used and how they can be evaluated, this Handbook constitutes a comprehensive and highly accessible methodological toolbox. Dealing with both well-accepted qualitative approaches and lesser-known, rarer and more novel approaches to the study of entrepreneurship, this Handbook will be invaluable to those studying, researching and teaching entrepreneurship.

Energy is a key resource for transformational development globally. Oil and gas continue to play a key role in this sector irrespective of the gradual transition towards renewables and will continue to do so in most developing and emerging economies in the near future. The industry is complex and highly capital intensive with significant risk, but also with significant benefits. Such a complex but important sector is generally not well understood both in academic and policy circles. This book fills this void by serving as a comprehensive reference to the oil and gas sector, with a focus on emerging markets and developing economies (EMDEs). It offers in-depth coverage of the critical and contemporary issues in the economics of oil and gas industry by carefully integrating the relevant theoretical underpinnings and practical policy issues across the value chain of the industry in relation to the development, fiscal arrangements, and the economic and financing aspects of the industry. These insights will significantly deepen the understanding of the industry and extend the knowledge of the sector in ways that existing books do not. The book includes relevant cases and thus, will serve as a valuable resource for students taking courses in market analysis of the oil and gas industry, energy economics, development economics and finance, environmental and resource economics, the political economy of the extractive industry and development studies. Researchers and practitioners working in these areas will also find the book to be a useful reference guide.

This book provides deep insight into the emergent Chinese innovation economy, as we head towards the Fourth Industrial Revolution. It describes, discusses and analyzes the period from China's opening up to foreign investment in the 1980s until the New Silk Road project, from 2013 onwards. The developments are assessed from a systemic thinking and evolutionary economic standpoint. The book presents the latest research findings on the direction and achievements of the Belt and Road Initiative, and the results both for China, the countries along the new Silk Road, as well as for Europe and the United States are brought to light. The author asserts that the phenomenon of the New Silk Road as an innovation generator can be understood and explained through the effects of various social mechanisms. He labels these five social mechanisms as: the locomotive force; the explosive force of the butterfly effect; the force of co-creation; the force of expectation; and the force of competence. The book presents 20 cases to substantiate the descriptions, analysis, theoretical reflections and the practical utility of the questions examined in each chapter. It utilizes economic history research methods, scenario thinking, futures research and conceptual generalization to offer different views on the research problem under investigation. Further, the book offers policy suggestions, which include promoting effective macroeconomic policies, and extending microeconomic cooperation schemes, related to the innovation economy. The book will appeal to academics, researchers and graduate students concerned with Chinese economic expansion, Chinese foreign policy and US- and Europe-China relations, as well as policymakers and political advisors.

A growing number of organizations are meta-organizations; rather than individuals they have other organizations as their members. This comprehensive book explains, in-depth, the unique way in which meta-organizations function, how they differ from organizations with individual membership, and how they are crucial agents in the process of globalization. The book opens a whole new area for organizational research. It will be essential reading for researchers and postgraduate students interested in organization theory, globalization, politics and organizations, or international organizations.

The cultural sector plays an important role in sustainable economic development and creates economic activities, opportunities for entrepreneurship and jobs, adding to the attractiveness of cities and contributing to the development of tourism. The Cultural Sector and Sustainable Economic Development: Innovation and the Creative Economy in European Cities offers both a theoretical and practical analysis of the contemporary approach to culture and innovation, with special emphasis on the relationships among culture, innovation and the economy. Sustainable development, itself, balances environmental protection, culture, social progress, the economy and stability today and for the future. The book's key theme is the role and possibility of culture as a laboratory, with a strong supporting subtext on innovative practice. The text provides an eclectic mix of possibilities that reinforce and underscore the full innovative and complex potentials of culture. It is a cross-disciplinary volume presenting case studies that cover the main theme of cultural ecosystem in a very broad sense, highlighting the relationships that could lead to a sustainable system where economy and culture are the main players. It proposes and maps the European perspective of urban cultural development and suggests that the successes and challenges of European cities under consideration may offer guidance on best practices for urban development in other distant cultural contexts. This book is written in such a way that it can be used as a summary for a cultural professional, a reference text for an academic or for actors in local development and cultural policy at European, national and local levels.

This book examines the impact of the COVID-19 pandemic on changing labour markets and accelerating digitalisation of the workplace in Central and Eastern Europe. It provides an innovative and enriching take on the work experience from the pandemic times and discusses the challenges of ongoing changes in labour markets and workplaces in a way that is not covered by the extant literature. The impact of the COVID-19 pandemic and digitalisation on labour market outcomes is analysed throughout 12 chapters, by 34 labour market experts from various CEE countries. Most chapters are based on empirical methods yet are presented in an easy-to-follow way to make the book also accessible for a non-scientific audience. The volume addresses the three key goals: to better understand the impact of the COVID-19 pandemic on the adoption of workplace digitalisation in the selected labour markets in CEE countries and the potential trade-offs facing those who do and do not have access to this benefit to complement the labour market research by incorporating the outputs of changing demand for skills to contribute new insight into policies and regulations that govern the future of work The book argues that the recent COVID-19 pandemic was a sombre reminder of the relevance and necessity of digital technology for a variety of sectors and market activities. It concludes that to downside the risks of vanishing jobs, as well as to minimise the threats and maximise the opportunities of digitalisation in CEE countries, labour market partners need to consider an effective governance tool in terms of inclusive access to the digital environment, re-skilling, and balanced regulations of the more problematic facets of digital work. The book will be of interest to postgraduate researchers and academics in the fields of labour economics, regional economics, and macroeconomics. Additionally, due to the broader policy implications of the topic, the book will appeal to policymakers and experts interested in labour economics. The Introduction, Chapters 4 and 12 of this book are freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.

Originally published in 1981, Trade Unions in the Developed Economies is a collection of studies on the growth, structure and policies of trade unions in 7 developed economies. The early growth of trade unions has been summarised so that a post-Second World War analysis could be undertaken. The section on growth contains an examination of the extent to which conflict between the parties has either increased or decreased. All developments are viewed against a backcloth of general economic developments and the statistical data deal with trends rather than particular developments at any one point. The section on structure analyses how changes in the structure of the labour force have been reflected by changes in the structure of trade unions. Inter-union relations are examined in this and other contexts. The policy section examines the main bargaining issues and the methods employed to achieve these goals.

Over the past 50 years the global labour market is transforming from reliable employment to low-wage and unstable informal and precarious jobs. This ineluctable shift is a consequence of the concentrated application of neoliberalism since the 1980s, as capitalism is converting standardised labour markets in the developed Global North into contingent and informal labour. Platform Labour and Global Logistics: A Research Companion examines the most important developments and features of global logistics and the emergence of the platform economy through historical comparative chapters and case studies. Part I surveys the logistics revolution and its impact on labour in key sectors of the global economy and probes the viability of the platform as a generator of economic and financial growth and innovation. The chapters of Part 1 offer a fulsome analysis and critique of the economic and technical reconfiguration brought on by neoliberal capitalism and the diffusion of the platform and logistics as a feasible model into the future. Part II examines labour restructuring from standardized to informal work through the platform and information technology, and the political and environmental challenges to labour. Part III provides global case studies on the informal economy through case studies of crucial economies where the platform has become dominant, and Part IV examines how the platform has contributed to geographic mobility and labour migration, and the consequences on workers. Platform Labour and Global Logistics: A Research Companion presents a unique contribution to the political economy literature through highlighting the significance of the impact of the platform and logistics on the working class and potential challenges from labour across the world. This book is intended for academics, researchers and students studying technological innovation, global supply chains, labour restructuring, and worker resistance.

Examines the ongoing process of how labor and work are understood in the contemporary marketplace Offers important sociological, political, and economic analysis of labor, management, organization, and work as a social phenomena Contributions from key scholars across an array of disciplines

This book investigates the relationship between the firm and the territory, emphasizing the micro-organizational dimension and the interactions between actors at territorial levels. First, the book examines the particular features of the firm considering three key factors - structural design, power configuration and organizational culture - and the characteristics of the surrounding territory as a specific spatial ecosystem with its own institutions, agents, history and objectives. Second, it analyses organizational tenets at the micro- and meso levels with a view to explaining various relational models and their implications at the level of the firm and the territory. Although previous studies have focused on the territory as a geographical space in which firms procure resources and promote development, this book presents an innovative approach and makes a key contribution to the literature by dealing with the firm and the territory from an organizational perspective. The relationship is analysed as bidirectional: a key question concerns how the territory can impact the organizational dimension of the firm, and how the firm can characterize the territory. This will be considered in connection with various effects. The positive effects of the relationship with the territory are investigated in terms of territorial identity, territorial resilience and territorial sustainability. The negative effects include the role of criminal networks rooted in the territory, with firms acting as key agents.

The most up-to-date and in-depth book on the business of professional team sports Pro team sports are the biggest and most important sector of international sport business Strong focus on applied analysis and performance measurement, invaluable real-world skills Covers sports, teams and leagues all over the world from the EPL to the NFL Addresses key themes from ownership and competitive balance to media revenue and the role of agents

1. This book assesses different sectors in the world economy with particular emphasis on the Indian economy and highlights the achievement and prevailing problems in the sectors. 2. It focuses specially on industries, investment and trade; finance and credit; and employment, gender and development. 3. It will be of interest to departments of Economics, Business, and Gender Studies across the UK and USA.