Originally published in 1971, when nationalized industries employed about 7 per cent of the national labour force, created about 10 per cent of the gross domestic product and had annual investment programmes which were equal to those of all private manufacturing put together. Even this understates the scope of public enterprise at the time, since there were many other organizations, ranging from the BBC to the Public Trustee, which were semi-autonomous public enterprises, but not nationalized industries. Moreover, the public enterprise sector continued to grow, even under Conservative governments, and there were many reasons for thinking that no government would succeed in reversing this trend, for it was felt unlikely that, as government became more complex, it would disgorge many new activities which would be given a semi-autonomous, that is, public enterprise status. The author, drawing on personal experience, shows that the facts of ministerial and parliamentary control were very different from what the public and Parliament thought at the time. He describes the very great practical independence of the Boards and also how much Ministers had come to rely on persuasion (which not only can impose serious waste of time and money on both Boards and Government but is also inefficient). Ministers have least power where the aims of public enterprise are social rather than commercial. If there were no changes, the growth of public enterprise to achieve social purposes would mean an important decline in the power of Parliament and Ministers. This book explores solutions to this problem and concludes that the government must build up a cadre and capacity for financial control which at the time were lacking to it.

Originally published in 1959, the subject of this book is an aspect of economic development which, despite its importance, had rarely attracted more than incidental attention at the time. The author's interest in public enterprise in underdeveloped countries was stimulated by a year's residence in Turkey. He felt the time had come for a general comparative study. Defining comparative as (1) between developed and underdeveloped countries, and (2) between different underdeveloped countries at dissimilar stages of development or with dissimilar development perspectives. The purpose of the first is to discover what the developed can offer the underdeveloped by way of adaptable experience and relevant ideas; that of the second to examine the use of public enterprise in the many different social, economic and political contexts to be found in the less advanced parts of the world.

This book focuses on the economic aspects of intellectual property (IP). It includes considerations of the wider category of intangible assets. However, the primary focus is devoted to patents which the author argues are the most vivid example of the Tragedy of Intangible Abundance (TIA). TIA touches upon a key issue in the contemporary economy. On the one hand, there is an enormous supply of IP, yet, on the other hand, such an abundance does not necessarily solve existing issues but rather creates new ones as well. This book elaborates on the reasons for the emergence of TIA and its consequences. The author uses clear metaphors to explain very complex issues. The book provides a valuable and interdisciplinary analysis of the field and offers practical solutions. It is based on the data collected by the author during the qualitative research he conducted among a group of start-ups. It presents guidance on determining which instrument is the most efficient for a particular situation. It also provides arguments for decision-makers and their advisors as to why a more open approach towards intellectual property would be more beneficial under many circumstances in the contemporary economy. While universal issues are addressed, the author distinguishes the European perspective too. The book is written in a clear and concise style and covers all of the crucial aspects of IP management. It will find an audience among scholars of economics and business.

This book examines the linkages between exchange rates and India's merchandise trade since the 1990s. It looks at India's trade in the post-liberalisation period through its two main components: commodities and trading partners, and provides a bird's eye view through aggregate analyses accompanied by a historical narrative of the evolution of trade and exchange rate dynamics. Presenting a comprehensive analysis of bilateral and product-specific trade, the book explores the impact of exchange rate on labour intensive sectors and charts out major development. It also offers compelling evidence to suggest that if some commodities are identified as integral to India's export plans, then the impact of exchange rate must be weighed by the Reserve Bank of India (RBI) prior to a market intervention. This timely volume will be of interest to scholars and researchers of economics, business and finance, development studies, trade, business, and industry as well as practitioners, think-tanks, and policy makers.

Originally published in 1989 Defence Industries presents a worldwide survey of defence industries. It argues that modern weapon systems and electronic warfare have led to the transition of the military-industrial enterprise into a multifaceted entity where electronics production is the key. It analyses the extent of defence industries, showing that large portions of the aerospace, shipbuilding, motor vehicle and electronics industries are devoted to defence and discusses where the defence industries are located. It examines the differences in government policies, contrasting the superpowers, with newly industrialised countries.

In contemporary global capitalism, the most powerful corporations are innovation or intellectual monopolies. The book's unique perspective focuses on how private ownership and control of knowledge and data have become a major source of rent and power. The author explains how at the one pole, these corporations concentrate income, property and power in the United States, China, and in a handful of intellectual monopolies, particularly from digital and pharmaceutical industries, while at the other pole developing countries are left further behind. The book includes detailed empirical mappings of how intellectual monopolies develop and transform knowledge from universities and open-source collaborations into intangible assets. The result is a strategy that combines undermining the commons through privatization with harvesting from the same commons. The book ends with provoking reflections to tilt the scale against intellectual monopoly capitalism and arguing that desired changes require democratic mobilization of workers and citizens at large. This book represents one of the first attempts to capture the contours of an emerging new era where old perspectives lead us astray, and the old policy toolbox is hopelessly inadequate. This is true for the idea that the best, or only, way to promote innovation is to transform knowledge into private property. It is also true for anti-trust policies focusing exclusively on consumer prices. The formation of global infrastructures that lead to natural monopolies calls for public rather than private ownership. Scholars and professionals from the social sciences and humanities (in particular economics, sociology, political science, geography, educational science and science and technology studies) will enjoy a clear and all-embracing depiction of innovation dynamics in contemporary capitalism, with a particular focus on asymmetries between actors, regions and topics. In fact, its topical issue broadens the book's scope to those curious about how innovation networks shape our world.

This book considers both the present state of Arctic shipping and possible future trends with reference to the various sectors of maritime transportation: cruise tourism, container traffic and bulk shipping. Ports are analysed as tools that support the strategies of coastal states to foster the development of resource extraction, enhance the attractiveness of Arctic shipping lanes and enable the control of maritime activities through coast guard deployment. The aim of this book is to draw a picture of the trends of Arctic shipping. How is traffic evolving in Canada's Arctic, or along the Northern Sea Route? Are there significant differences between bulk and container shipping segments when considering the Arctic market? How are the ports and the hinterland developing and what are the strategies behind those? How is the legal framework shaping the evolution of maritime transportation? The contributors to this book consider all of these questions, and more, as they map out the prospects for Arctic shipping and analyse in detail the development of Arctic shipping as a result of multi-variable interactions. This book will be key reading for industry professionals and post-graduate students alike.

This book focuses on issues that are relevant for the Euro-Mediterranean Partnership. The depth and the extension of the current political crisis in the area have changed the perspectives of conventional Euro-Mediterranean integration policies. The book provides the grounds for new patterns of analysis and addresses policy guidelines which are able to respond to the dramatic challenges that Mediterranean regions are facing. By implementing a multidisciplinary approach, the volume uncovers the structural determinants of migrations in the area: territorial and social imbalances, climate change, unemployment, weak institutions, poor governance, lack of efficient redistributive policies. Each chapter proposes innovative and rich analyses of the socio-economic conditions of all Mediterranean countries. The prevailing evidence suggests that while the North-South imbalances still persist inside the basin, the recent world economic and financial crises have deepened social, intergenerational and gender inequalities. These inequalities cross all territories both nationally and internationally and affect the living conditions of large segments of population in Southern and Eastern Mediterranean countries. To bridge these gaps it is necessary to strengthen territorial cohesion, reduce income differentials, and improve the access of marginal areas to basic infrastructure. These long term goals can be achieved through an inclusive development model for which young people and women can enjoy the same opportunities of education and work. Offering innovative and practical guidelines for future programs and policies, this book is essential reading for policy makers, researchers at policy think tanks as well as academics and post graduate students of Mediterranean studies and Economic Policy. The general policy recipes, provided to govern migration flows, make useful reading for national and international research centres and major governmental agencies interested in migration issues.

National competitiveness has become a misnomer, as competitiveness is increasingly understood as a regional phenomenon and regions are not confined to the boundaries of the nation state. This book focuses on the Port of Rotterdam and its hinterland - i.e. the Lower Rhine and the Ruhr area. A transnational perspective is imperative to understand the historical trajectories of the port, the hinterland and the region itself. This book brings geography and the transnational study of regions back into the historical discipline, linking places to larger geographical scales and to systems of production and consumption and the global chains in which they are organised. This book will be of interest to scholars and practitioners in urban studies, urban planning, public policy, geography and political science.

The passage of the Staggers Rail Act in 1980 led brought a renaissance to the freight rail industry. In the decade following, economists documented the effects of the Act on a variety of important economic metrics including prices, costs, and productivity. Over the preceding years, and with the return of the industry to more stable footing, attention to the industry by economists faded. The lack of attention, however, has not been due to a dearth of ongoing economic and policy issues that continue to confront the industry. In this volume, we begin to rectify this inattention. Rather than retread older analyses or provide yet another look at the consequences of Staggers, we assemble a collection of ten chapters in four sections that collectively provide fresh and up-to-date analyses of the economic issues and policy challenges the industry faces: the first section sets the context through foundational discussion of freight rail; the second section highlights the role of freight rail in an increasingly interrelated economy; the third section examines industry structure and scope in freight rail; and the fourth section assesses current regulatory challenges that confront freight rail. This book will be of great value to researchers, academics, policymakers, and students interested in the fields of freight rail economics and policy, transportation, business history, and regulatory economics.

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.

Due to the sharp declines in trade union density and collective bargaining coverage post-1979, the shift by trade unions towards political action has had significant implications for employment relations regulation in contemporary Britain. Yet, there remains insufficient discussion of the factors of influence affecting changes in the political action process from a historical and contemporary perspective. Unions and Employment in a Market Economy will evidence how trade unions were able to offset environmental constraints through a progressive focus on political action, despite diminished power in the Labour Party's structures and the wider economy. The book presents four legislative events categorised as functional equivalents enacted in two different periods of Labour governance (1974-79 and 1997-2010). The selected events are the Social Contract (1974-79), National Minimum Wage (1998), Employment Relations Act (1999) and the Warwick Agreement (2004). The book's findings lend credence to the proposition that in a liberal market economy there is a valuable dividend associated with trade union political exchange through the Labour Party.

Economic Analysis of Industrial Projects, Third Edition, provides the best possible methods for applying economic analysis theory to practice. Completely revised and expanded in this new edition, the text now includes five new chapters and new material on real options analysis and replacement analysis.

A century ago, health services absorbed few resources and provided little benefit. Since then, advances in medical knowledge and techniques have escalated both the benefits and the costs. The affordability of health services is being questioned in even the richest countries, and the economic aspects of health policy have become ever more intrusive. Australia is no exception, with its health system now absorbing 19% of all government tax revenue. Familiarity with economic issues - such as how to assess health outcomes, how to assign resources efficiently and what financial arrangements will promote equity as well as efficiency - is essential to understanding health policy. This is especially so at a time when the economics of health care are being internationally re-examined, with new forms of competition, challenges to public ownership and case-mix funding of hospitals under scrutiny, and a re-evaluation of the benefits of pharmaceuticals and new technologies underway. Economics and Australian Health Policy offers this understanding to readers with and without formal economic training. It starts with an introduction to both the economic way of thinking about health systems, and the context in which those economic questions are raised - the structure of the Australian health system, its culture and its patterns of financial flows. It then describes and appraises from an economic perspective the major components of the system and the policy issues which arise. This collection has been specially commissioned to address both Australia's most pressing policy issues and the needs of public health and health economic policy-makers, academics, commentators and students. The list of contributors reads like a who's who in Australian health economics, who have been encouraged, clearly successfully, to write accessibly yet with authority and conviction.

Construction Cost Estimating equips a new generation of students and early-career professionals with the skills they need to bid successfully on projects. From developing bid strategies to submitting a completed bid, this innovative textbook introduces the fundamentals of construction estimating through a real-life case study that unfolds across its 24 chapters. Exercises at the end of each chapter offer hands-on practice with core concepts such as quantity take-offs, pricing, and estimating for subcontractor work. Online resources provide instant access to examples of authentic construction documents, including complete, detailed direct work estimates, subcontractor work estimates, general conditions estimates, markups, and summary schedules. Through its unique mix of real-world examples and classroom-tested insights, Construction Cost Estimating ensures that readers are familiar with the entire estimating process even before setting foot on the jobsite.

This book identifies differences and similarities between the formerly centrally planned economies of the Eastern Bloc and those of Western Europe. The authors use up-to-date information on East-West trade flows to analyse emerging patterns of industrial and trade specialisation. They examine in detail the pre- and post-1989 experience of five different CEE economies: the ex-GDR, ex-CSFR, Hungary, Bulgaria and Poland. Enterprise-level information is then used to discuss the impact of the withdrawal of export subsidies from various types of enterprise in Hungary, the changing relationships between enterprises and banks in Poland, the evolution and reform of financial institutions and the vital issue of financial intermediation and industrial restructuring. The book ends with an examination of the case for using Western-style industrial policies in the transition.

This book, first published in 1984, analyses the institutions and decision-making processes that determined agricultural production in the Soviet Union. It addresses the crisis in Soviet agriculture of the early 1980s, examining the problems of low productivity, adverse natural conditions and an underdeveloped infrastructure. The book's analysis of the 'crisis' focuses on the growing gap between demand and supply of agricultural produce, and the pressures on the government to alleviate the food shortages.

This book, first published in 1986, is a major reference work for the political discussions arising out of the 1985 Congress revisions of US food and farm laws. It covers production, distribution and consumption of food, analyses international as well as domestic problems, and presents new ways forward. Emphasising public policy and programmes, the book has chapters on agricultural production; environmental and resource problems; food marketing; domestic hunger and nutrition; and world hunger and development.

Originally published in 1985. This in-depth analysis of federal energy policy and politics in the oil and gas sector critically evaluates the National Energy Program, one of the most controversial and wide-ranging policy initiatives in Canadian history - an import case study. Bridging Canadian politics and public policy, the book gives an historical overview of the development of energy policy since 1945, examining the shifts in the balance of power between public and private energy interests. It presents the NEP's positive and negative impacts on energy policy and the nature of political power.

This book includes original essays by prominent researchers and practitioners in the field of postal and delivery economics, originally presented at the 29th Conference on Postal and Delivery Economics held online, September 1-3, 2021. The central focus of the book is the short and long-term impact of covid-19 pandemic on the sectors, both from the economic and regulatory perspectives. Other important topics include the unstoppable growth of e-commerce and the implications for delivery market; solutions for the "last mile", and the associated challenges in terms of sustainability. Chapters also discuss traditional topics for postal and delivery sectors, such as the competitive dynamics in the sector, the business strategies of postal operators, as well as the definition and funding of the Universal Service Obligation. This book will be a useful tool not only for graduate students and professors interested in postal and regulatory economics, but also for postal administrations, consulting firms, and federal government departments.

Industrial energy efficiency is one of the most important means of reducing the threat of increased global warming. Research however states that despite the existence of numerous technical energy efficiency measures, its deployment is hindered by the existence of various barriers to energy efficiency. The complexity of increasing energy efficiency in manufacturing industry calls for an interdisciplinary approach to the issue. Improving energy efficiency in industrial energy systems applies an interdisciplinary perspective in examining energy efficiency in industrial energy systems, and discusses how "cross-pollinating" perspectives and theories from the social and engineering sciences can enhance our understanding of barriers, energy audits, energy management, policies, and programmes as they pertain to improved energy efficiency in industry. Apart from classical technical approaches from engineering sciences, Improving energy efficiency in industrial energy systems couples a sociotechnical perspective to increased energy efficiency in industry, showing that industrial energy efficiency can be expected to be shaped by social and commercial processes and built on knowledge, routines, institutions, and methods established in networks. The book can be read by researchers and policy-makers, as well as scholars and practicians in the field. "This book is extremely valuable for anyone who is designing or executing energy efficiency policies, schemes or projects aiming at SMEs. Both authors deserve the highest respect, and the combination of their expertise makes the results truly unique." - Daniel Lundqvist, programme manager at the Swedish energy agency "For anyone interested in improving energy efficiency in industry, this is a must-read. The book combines tools from social science and engineering to discuss the state of art today as well as possible development path tomorrow. This is a compelling book that I find useful both in my teaching and my research." - Kajsa Ellegard, Professor at Linkoeping University, Sweden "The book Improving energy efficiency in industrial energy systems is a novel approach on how improved levels of energy efficiency can be reached in industrial energy systems by merging engineering with social sciences. It is with delight that I can recommend their book to anyone interested in the field."- Mats Soederstroem, Director Energy Systems Programme, Linkoeping University, Sweden

Originally published in 1980. A clear understanding of how radioactivity moves through the environment is essential to discussions on nuclear power. This book describes, in didactic rather than polemic style, the nature of radioactivity, how it arises in the day-to-day running of nuclear reactors, how and why a small fraction is introduced into the environment in a controlled manner, and on what basis judgements on these processes should be made.

Originally published in 1987. The Chernobyl disaster intensified the whole debate on the nuclear power industry. There was great public concern about the industry regulation, about the siting of nuclear facilities, including the dumping of nuclear waste, and about the alleged secretiveness of the industry. This book examines these and many other important aspects of the industry worldwide and provides much important original research. It focuses in particular on the political processes which control the industry, on waste disposal and on the social impact.

Originally published in 1983. The Indian nuclear power programme, both the earliest in the Third World and also one of the most comprehensive, is an important and instructive subject for a wide-ranging and detailed study. This book examines the origins and rationale of the Indian programme in the context of energy resources and consumption. It traces the progress of its historical development and leads up to an evaluation of its performance, in both technical and economic terms of both individual reactors and the programme as a whole. In addition, the book discusses India's nuclear explosion of 1974 and the possibilities for novel developments in nuclear power and other energy sources, such as coal, biogas, hydro and solar power. The author then sets the Indian programme into the world picture by comparing developments in India with those of the Third World (including developments in China and South Africa) and discusses the overall prospects for the Third World. This extremely informative account will appeal to readers with interest in energy, science, technology and Third World developments.

Originally published in 1984. This annotated bibliography will serve as a starting point for information on the issue of nuclear power. Arranged for easy use into three sections - Pro-Nuclear, Anti-Nuclear, and Neutral - the book cites over a hundred of the most important books on the subject, offering for each full bibliographic data and a lengthy annotation that is balanced and informative. This work, which features author, title and subject indexes, is simultaneously a collection-building tool, a guide for non-specialist library patrons and an invaluable aid for research.