Combined experience of well-regarded academic and professional author who has a long and illustrious career in the region Broad market across growing Australian construction sector, over 11000 students in any one year plus professionals starting careers Includes case studies, discussion questions, online support materials

This book presents a detailed background to the circular economy in China, explores government measures to promote it in China's market economy, and introduces the supporting laws and policies. The book goes on to describe, from a technology perspective, successful circular economy practices in sectors such as agriculture, iron and steel, cement, coal-fired power, chemistry, paper manufacturing and city mineral. This book sheds some light on what China has done and achieved to change the mode of economic development in order to minimize its negative impacts on resources and the environment. Readers will learn from and be inspired by China's circular economy practices. Industrializing countries can also draw on China's experiences to solve their own problems, enabling them to make their economic development resource-saving and more environmentally friendly. If this is achieved, this book can be considered a modest contribution to the sustainability of human society.

This textbook takes on a systematic approach to elaborating on the different subjects within corporate finance. The chapters bring together existing concepts with examples and stories that allow students to easily understand and apply financial tools. In doing so, the book strives to clarify misconceptions in the literature on topics related to firm’s ownership and control, problems of the Modigliani-Miller first and second propositions, relationship between options and corporate finance, behavioral finance versus corporate finance, etc.   The book takes into consideration the growing importance of the Asian economy and financial markets in recent years, and constructs the P-index to measure and compare the risk structures of US and China’s stocks and stock indexes.   This book is a primary text written for the introductory courses in corporate finance at the M.B.A. level and for the intermediate courses in undergraduate programs, but can also be of great use to Ph.D. students as well as professionals.

A robust and efficient tax administration in a modern tax system requires effective tax policies and legislation. Policy frameworks should cover all aspects of tax administration and include the essential processes of capturing, processing, analyzing, and responding to information provided by taxpayers and others concerning taxpayers' affairs. By far the greatest challenges facing tax administrations in all countries are those posed by the continuing developments in the digital economy. Whereas societies are grappling to come to terms with the transitions from the third industrial or digital revolutions, revenue authorities grapple with the consequences for the sustainability of their tax bases and the efficient administration and collection of taxes. This book presents a critical review of the status of tax systems in Asia and the Pacific in the era of the digital economy. The book suggests how countries can maximize their domestic resource mobilization when confronted by the challenges that digitalization inevitably produces, as well as how they can best harness or take advantage of aspects of digitalization to serve their own needs. The full implications of the COVID-19 crisis are still too uncertain to predict, but it is clear that the crisis will accelerate the trend towards digitalization and also increase pressures on public finances. This, in turn, may shape the preference for, and the nature of, both multilateral and unilateral responses to the tax challenges posed by digitalization and the need to address them. This book will be a timely reference for those researching on taxation in digital economy and for policy makers. The Open Access version of this book, available at www .taylorfrancis .com, has been made available under a Creative Commons Attribution-Non-Commercial-No Derivatives 4.0 license.

Culture- and event-led regeneration have been catalysts for the transformation of redundant urban port areas and for the reframing of the image of many port cities, which notably feature among mega-event bidding and host cities. However, there is little understanding of the impacts of these processes on port-city relationships, as well as of how port city cultures shape mega events and the related regeneration strategies. The book examines the underexplored mutual links between, on the one hand, urban and socio-economic regeneration driven by cultural and sporting mega events and, on the other hand, the spatial, political and symbolic ties between cities and their ports. By adopting a cross-national, comparative perspective, with in-depth case studies (Hull, Rotterdam, Genoa and Valencia) and examples from other port cities across the world where mega events were held, the book engages with issues such as the tension between port and cultural uses, reactions and opposition to mega events in port cities, clashing urban imaginaries drawing on port activity and culture, the role of port authorities and companies in the city's cultural life, the spectacularisation and commodification of local maritime culture and heritage, processes of cultural demaritimisation and remaritimisation of port cities. The book is therefore a contribution towards the bridging of port city and mega-event studies, and it provides insights for port city policy makers and mega-event promoters, drawing from a range of international experiences. The book also shows how societal and political change in the current 'ontologically-insecure' times may undermine the very paradigm of culture- and event-led regeneration in the years to come.

Worldwide, postal and delivery economics is the subject of considerable interest. The postal industry's business model is in drastic need of change. Notably, the European Commission and member states are still wrestling with the problems of implementing liberalization of entry into postal markets, addressing digital competition, and maintaining the universal service obligation. In the United States, the Postal Accountability and Enhancement Act of 2006 has, perhaps, exacerbated some of the problems faced by the United States Postal Service (USPS). Currently, the USPS has serious financial problems because of difficulties it faces in making changes and the failure of the Act to address problems that have been long-standing. Electronic competition is severe and affects post offices (POs) worldwide, which have been slow to address the threat. This book addresses this new reality and includes discussion of how POs may attempt to reinvent themselves. Parcels and packets will play a major role in developing new business models for postal operators. This book is of use not only to students and researchers interested in the field, but also to postal operators, consulting firms, utilities, regulatory commissions, Federal Government Departments and agencies of the European Union and other countries.

In this work, Balkin examines whether low-income people should be encouraged to engage in self-employment as a route for economic improvement. The author has gathered ideas and material from a diverse literature and experience base to provide practical suggestions for those who operate self-employment programs, fund self-employment programs, consider policy concerning self-employment, and look for alternative strategies to alleviate poverty, create jobs, and improve economic development. Among the questions Balkin explores are the reasons self-employment is a significant and successful alternative in some ethnic groups but has not been in others, why it is successful in those groups, and whether and how it could become a viable option.

Balkin examines the various studies of groups in the U.S. such as the Amish, the Gypsies, and the Koreans, who have tended toward self-employment, using it as a successful mode of economic activity. He explores the cultural backgrounds, forces, and networks that contributed to their success in order to identify the factors most likely to predict the effectiveness of future self-employment efforts and programs. He also analyzes low-income groups where self-employment is relatively rare, suggesting policies and approaches which might be taken to encourage successful self-employment among these groups. Balkin looks at programs in the United States, Europe, and the Third World, which have assisted the self-employed and recommends ways in which policies might be implemented to help U.S. low-income workers undertake successful self-employment. Finally, estimates of the job creation potential for self-employment programs are provided along with a discussion about the importance of evaluation.

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

This book analyses the revival of the French economy at the end of the twentieth century and shows how large firms took the lead in that process becoming the drivers of economic adjustment. Hancké provides the reader with a critique of neo-institutionalist perspectives on firms. By demonstrating how large firms in France changed their institutional environment to fit their own needs, he offers an important new perspective on the political economy of industrial and economic change.

Very little has been written on industrialization and deindustrialization in Asia and Africa. This reference work sheds illuminating light upon the industrial development in Asia and Africa. It also provides an in-depth look into China's engagement and migrant labour in Africa. The book also addresses the roles of public-private partnership (PPP) and international development cooperation and how they are fundamental to industrialization in Asia and Africa. Designing Integrated Industrial Policies will be a very useful reference particularly as a how-to guide on industrial promotion and designing integrated industrial policies not only for economic growth and job creation but also for "inclusive" development. It comes with country cases and illustrates useful tools for industrial policy simulation and for evidence-based policy making through these concrete examples.

Luxury, Fashion and the Early Modern Idea of Credit addresses how social and cultural ideas about credit and trust, in the context of fashion and trade, were affected by the growth and development of the bankruptcy institution. Luxury, fashion and social standing are intimately connected to consumption on credit. Drawing on data from the fashion trade, this fascinating edited volume shows how the concepts of credit, trust and bankruptcy changed towards the end of the early modern period (1500 1800) and in the beginning of the modern period. Focusing on Sweden, with comparative material from France and other European countries, this volume draws together emerging and established scholars from across the fields of economic history and fashion. This book is an essential read for scholars in economic history, financial history, social history and European history.

Through two World Wars and the Great Depression, this book explores the turbulent history of colonial Indian industry in the period immediately prior to independence. Focusing on five major industries in Bengal - coal mining, iron-smelting, jute manufacturing, paper making and tea plantation - the book looks at the impact of the war efforts on production, employment and capital: some industries experienced rapid growth due to additional investment, others suffered due to the dislocation of markets. Moreover, by drawing lessons from the war economy (especially the dearth of various essential commodities including war materials), the colonial government took up various measures in the inter-war period to promote India's domestic industries for the first time. Additionally, the book also argues that many of the expatriate firms in India became financially weak because of the Depression which paved the way for the 'Indianisation' of corporate houses. These elements were significant factors in the decline of British industrial hegemony in India and aided the de-colonisation process which followed. This book will be of interest to scholars of Indian economic history as well as those with wider interests in decolonisation, industrial history and the first half of the twentieth century.

State-owned enterprises (SOEs) combine economic activities resulting from their position on the market with non-economic functions determined by the state owner. In many of the world's major economies, SOEs play an important role, and in some, such as China, India, Russia and Brazil, they are outright dominant. At the same time, the existence of SOEs is largely ignored by economic theory and the current figures on SOEs on a global scale available in the literature are questionable in terms of their methodological validity and thus they do not allow for a proper cross-country analysis. This book fills this research gap. It focuses on the scope and importance of SOEs in a broad group of the largest economies, primarily on a variety of quantitative estimates. It contains the results of an extensive and unique empirical study of 37 of the world's largest economies over the period from 2009 to 2018. The findings showed that the average share of SOEs - measured by operating revenues and total assets - in the group of the largest 100 enterprises (Top 100) of a given country is nearly 30%, while in the Top 20 group it is even slightly higher. The authors present an econometric analysis showing the relationship between the scope of SOEs and the various economic and non-economic characteristics of the studied set of countries. The book also contains an in-depth discussion of selected key issues, such as the functions of SOEs in various types of economies, the role of SOEs in capital markets and the phenomenon of SOEs with foreign capital. This work is addressed to both academic economists, dealing with macroeconomics and economic policy, as well as researchers and analysts from various international organizations and think-tanks.

Combined experience of well-regarded academic and professional author who has a long and illustrious career in the region Broad market across growing Australian construction sector, over 11000 students in any one year plus professionals starting careers Includes case studies, discussion questions, online support materials

"Multi-Level Issues in Organizational Behavior and Leadership" is Volume 8 of "Research in Multi-Level Issues", an annual series that provides an outlet for the discussion of multi-level problems and solutions across a variety of fields of study. Similar to Volumes 1 through 7, this volume contains five major essays with commentaries and rebuttals that cover a range of topics, but in the realms of organizational behavior and leadership. In particular, the five 'critical essays' offer extensive literature reviews, new model developments, methodological advancements, and some data for the study of organizational behavior, outstanding leadership, leadership and social relations, leadership simulation, and enviroscapes. While each of the major essays, and its associated commentaries and rebuttals, is unique in orientation, all of the essays share a common bond in raising and addressing multi-level issues or discussing problems and solutions that involve multiple levels of analysis in organizational behavior and leadership.

The Lowdown on the Hottest Trends in Corporate Goverance—A Complete Blueprint for Tomorrow’s Corporate Board Member Regulations, economics, shareholders, court battles—these factors have transformed the corporate board into a powerful, independent force in business. Now boardroom expert Ralph Ward deconstructs the "how and why" of this remarkable phenomenon, and offers a comprehensive, trenchant analysis of the tough issues which the 21st Century Corporate Board will bring to the table. You’ll find in-depth coverage of all of the leading topics in board makeup, pay, training, operations, and organization, including:

• How the "new directors" will change the corporate equation—women, inorities, entrepreneurs, executives below the CEO level, and others
• The move toward increased professionalism, including director certification, accountability, and more
• The hidden minefield of stakeholder concerns, from employees to local communities
• The pros and cons of paying corporate directors in stock—do we really want directors who are major shareholders?
• Future regulations from the SEC, IRS, and major stock exchanges—gearing up for compliance
• The growing power of board committees, and what this means for the board as a whole
• The coming struggle among shareholder groups to set the board agenda
• The new corporate balancing act for directors—independent, but involved; powerful, but responsive; focusing on the short term, but keeping a long-term view

Originally published in 1991 this book provides a multi-faceted analysis of German unemployment between 1873 and 1913. It can also be read as an example of social scientific historiography during the fourth quarter of the twentieth century. Finally, the study has value for the comparative perspective it lends to current economic, social, and political turmoil in Germany, Europe, and the United States. While the precise conditions in the USA differ today, there are clearly still lessons to be learned on both sides of the Atlantic from the economic, social, and political dislocation, which accompanied industrial unemployment in Germany between 1873 and 1913. .

Unique contribution to Construction Management and Infrastructure Development literature Highly practical guidance for policy makers looking to use construction to stimulate economic growth

Globalisation is associated with capitalist multinationals dedicated to the enrichment of wealthy, corporate shareholders. However, less well known is that the English and Scottish Co-operative Wholesale Societies, owned by the growing number of local co-operative societies across the country, were early leaders in global commerce. Owned by their working-class members, by 1900 there were over 1,000 societies and millions of individual members. Spreading profits widely through the 'divi' which rewarded members shopping at the co-op store, and selling safe and wholesome food, the co-operative movement was a successful part of the emerging labour movement. This success depended on the wholesale societies supplying societies with commodities from all over the world. Because local societies were free to source produce from whoever they chose, competitive pressures required the wholesale societies to develop the world's most formidable network of international supply chains, with branches, depots, plantations and factories in the USA, Canada, Denmark, Sweden, Spain, Greece, France, Germany, India, Ceylon, Australia, New Zealand, colonial West Africa and Argentina. This book explains how the wholesales developed and managed these networks, giving them a competitive advantage in their dealings with the local societies. It will explore why and how this 'People's Global Colossus' declined in the later 20th century, and how its focus in international commerce moved onto ethical sourcing, investment and Fair Trade. Integral to these global networks were the UK movement's relations with foreign co-operative movements, especially through involvement in the International Co-operative Alliance, and promotion of co-operatives in the Empire by successive British governments as a tool for economic development. The 'People's Colossus' was thus a political as well as a commercial player in the increasingly complex world of the late 19th and 20th centuries.

Agricultural Policy in the United States: Evolution and Economics traces U.S. agricultural policy from its colonial roots to the present, using economic concepts to analyze and interpret political and economic consequences. It also examines the processes by which agricultural policies are developed, and the government structure which supports the implementation of legislation passed by Congress. The book includes arguments for and against common tools of U.S. agricultural policy, without influencing the reader in a particular direction. Each chapter contains questions and exercises to support students' learning, and technical economic material is contained in optional appendices. This second edition examines the Agriculture Improvement Act of 2018 and sets the scene for future policy developments. Additionally, it looks at trade wars and the impact of Black Swan events like the COVID-19 pandemic on agricultural resilience.

This book offers a comprehensive study of regional industrialization in Europe and Asia from the early nineteenth century to the present. Using case studies on regional industrialization, the book provides insights into similarities and differences in industrialization processes between European, Eurasian and Asian countries. Important factors include the transition from traditional to modern industrial production, industrial policy, agglomeration forces, market integration, and the determinants of industrial location over time. The book is an invaluable reference that attempts to bridge the fields of economic history, political history, economic geography, and economics while contributing to the debates on economic divergence between Europe and Asia as well as on the role of economic integration and globalization.

This title includes a number of Open Access chapters. This book gathers together a critical body of knowledge on what enterprise architecture (EA) is and how it can be used to better organize the functions of systems across an enterprise for an effective business-IT alignment. The chapters provide a solid foundation for a cross-disciplinary professional practice.

Unpredictable and unforeseen, or black swan, events are occurring increasingly often, one such recent example is the coronavirus crisis of 2020. The Fourth Industrial Revolution, with its growing use of artificial intelligence, intelligent robots, intelligent informats and intelligent algorithms, may help us to confront these incidents but only if we can avoid the sector optimization logic of some forms of economic thinking. This book offers a multi-faceted presentation of the application of systemic thinking in non-standard situations, especially those created by the fourth industrial revolution. It develops models and mini theories to promote systemic thinking at a time when cascades of innovations are entering the economy, while at the same time black swan events are occurring and disrupting social systems. It takes a critical look at how organizations and social systems have chosen to organize themselves to develop systems that prioritize high performance, by focusing on cost-cutting and maximizing profits, instead of on preparedness elasticity and resource slack. The consequences of this kind of organizational streamlining becomes evident only when the 'black swans' loom. The author discusses how individuals and society can develop the resilience needed to deal with these incidents. He asserts that there are three central social mechanisms that can help us understand how social systems work and how they are interconnected: time-lag, threshold value, and feedback. These three concepts can help us to understand how changes occur in non-linear systems; for instance, how small changes at the micro level can lead to large changes at the macro level. This book will be of interest to researchers, academics and students in the fields of economics, finance, business and industry.

This book identifies the impact of internal and external stakeholders on the implementation of sustainable development policies in the coal mining sector in Europe and the Commonwealth of Independent States. The book assesses what activities and conditions need to be improved so that sustainable development policies can be more effectively and efficiently implemented. With a specific focus on the hard coal and lignite mining sectors, it examines a broad range of case studies from Eastern European countries and the Commonwealth of Independent States, including Russia, Ukraine, Poland, Kazakhstan, Germany, Spain, France and the United Kingdom, among many more. Beginning with an introduction to sustainable development and stakeholder theory, Part II then examines internal stakeholders, including owners, managers, employees and trade unions. Part III examines external stakeholders, touching upon those directly related to the mining industry, such as customers and mining enterprises, and those not directly associated such as local and regional communities and environmental organisations. The book concludes by proposing a model approach to the management of stakeholders involved in mining enterprises, focusing on improving the process of implementing sustainable development in the mining sector and strengthening the effects of this process. This book will be of great interest to students and scholars of the extractive industries, natural resource management and policy and sustainable development.

This volume contains country experiences explained by policy makers and studies by leading experts on causes and consequences of capital flows as well as policies to control these flows. It addresses portfolio flow issues central to open economies, especially emerging markets.