This book examines the global and domestic factors that have influenced the decline of South African manufacturing. Quantitative and econometric techniques are used to analyse the macroeconomic conditions that derive improved performance within the manufacturing sector. Empirical evidence is used to set out policy recommendations that would allow the South African National Development Plan to meet its objectives. This books aims to bring together analysis of industrial policy, competition policy, and merger remedies to produce a framework on how to preserve a competitive environment and support output, investment, and employment growth. It is relevant to those interested in African, development, and labour economics.

Interest in John Maynard Keynes's economic, political and philosophical thinking has undergone a tremendous revival in the last decade. The essays and comments collected in this volume were written on a set of themes representative of the current state of interpretation of Keynes's thinking. Some of the topics investigated have received much attention in the past, and some are of more recent interest. In the former category are topics on standard issues in the interpretation of Keynes's economics: the transition in Keynes's thinking from the The Treatise on Money to The General Theory, the nature of the argument in The General Theory, and Keynes's economic policy views. The latter category introduces themes of a wider nature, and includes two papers on Keynes's vision and one on Keynes's philosophical thinking. The strategy adopted in the selection of topics was to review the debates over Keynes's economics from fresh perspectives, and then go on to supply discussions of broader issues concerning the nature of Keynes as a thinker. This collection as a whole adds to our general understanding of Keynes's work, and contributes to the current revival of interest in Keynes.

This volume brings together the most innovative and important work on implicit contract theory, a key area of research which has developed over the past 20 years. Implicit contract theory is concerned with the workings of the macro-labour market over business cycles and focuses on a series of key questions including, how economists can explain unemployment levels and employment fluctuations during recessions in terms of rational economic behaviour, and, why wages do not fall to clear the market.

The concept of economic democracy is traditionally identified with workplace democracy and participation at the enterprise level. This is a very important dimension, but the concept of new economic democracy also recognizes that, in a world of increasing complexity, the principles of democratic deliberation and social participation have to be applied to other areas as well. This book takes a fresh look at economic democracy from various perspectives. It provides rich historical narratives of episodes of social participation in the economy and society, more broadly, from the 19th to the 21st century. It dissects the various analytical underpinnings informing the theory of economic democracy connecting it with collective choice, social contract theory, Marxian analysis and libertarian critiques. The book identifies new areas of application of the principles of democratic deliberation and oversight such as the adoption of austerity policies, the signing of free trade agreements, the conduct of central bank policies, international investment treaties and natural resource management. It takes a guided tour through the evolution of economic, social and cultural rights and their impact on the design and implementation of social policy and the welfare/ developmental state. The book expands the notion of economic democracy from factory level to the macro-economy and then to global economic governance. It also discusses the critical links between political democracy and economic democracy and the need for a more democratic and socially equitable economy in the 21st century. This volume will find an audience among economists, political scientists, social activists, philosophers and sociologists.

Originally published in 1981, this study is concerned with the extent to which the goal of sexual equality in employment, as set out, for example, in the Soviet constitutions of 1936 or 1977, had been realised in the USSR at the time. The main focus is on the nature and extent of economic inequality in the Soviet Union; the subject has wider implications, not only for our understanding of the USSR but also for our perceptions of the way that labour markets operate in a more general setting. The book should be of interest to feminists and labour economists as well as those with a professional interest in the Soviet Union.

How can we be happier, healthier and more satisfied in life? This edited collection examines various dimensions of wellbeing among older people, including its measurement; social, environmental and economic determinants; and how research can be translated into policy to improve quality of life for older people. With an increasingly ageing population across countries and an increasing population of older adults, there is growing interest in improving older people's ability to live healthily and happily. With a focus on retirement and aged care, this book is important reading for those interested in Welfare Economics, Health Economics and Development.

This book analyses the historical context and progression of "significant innovations" beginning with the industrial revolution, starting around 1750 to the present. It explores the interrelationship, causes, and evolutionary process of contemporary "disruptive" inventions and the role played by global finance and international commerce to support these. First, the authors examine the environment and circumstances surrounding the inventors and explore their backgrounds to determine, why at a specific time, they identified a need that became the seed for invention and, what was their method of successfully commercializing their innovation. Secondly, they focus on the financing of the inventor, the innovation, and the commercialization of the invention(s). They analyze the changes in finance during the shift from a labor-based production process to a more capital-intensive production process, and what new financial products or financial markets were created to facilitate this transition. Third, they explore the impact of global commerce on the inventor country's innovation environment and international competition impacting the innovation's production, distribution, and sales, as well as, investigating any financial impact from the demand side and whether that impact was domestic or global in character. Furthermore, they consider if and how global finance and international commerce including the migration of people, together play a role in helping the disruptive invention satisfy a need in society, whether from a production or consumption perspective. Finally, they search for common elements that repeatedly inspired inventors and their disruptive innovations over time. This book will appeal to global government officials, business leadership, early career professionals, and students across a number of disciplines including finance, economics, business, engineering, and technology.

Persistent Disparity provides a comprehensive examination of the magnitude and scope of racial economic disparity in the United States. The authors directly assess the extent of black economic progress in the US since World War II and address the controversy of whether the racial income gap is closing or widening as America approaches the 21st century. Darity and Myers explicitly make the connection between what the theory of racial inequality espouses and corresponding policy recommendations for remedying such disparity such as affirmative action and reparations. The authors challenge the cultural-genetic explanation and advance a new theoretical explanation that incorporates a more expansive characterization of the nature and role of discrimination. They also conclude that conventional anti-discrimination efforts are unlikely to be sufficient to close the gap. This book will be essential reading for anyone interested in US social and economic history, political economy, African-American studies, and public policy.

This Handbook incorporates a variety of disciplines and approaches in order to provide a comprehensive and authoritative examination of the issues that result from increasing age diversity at work. Despite interest in this area exploding over the past few years amongst academics, practitioners and policy makers, the analysis of age diversity has remained primarily within disciplinary 'silos' such as Psychology or Sociology with a focus on ageing or generational differences, rather than a combination of approaches to understanding age diversity. Unique in its coverage of multiple perspectives, it considers not only generational and ageing perspectives to age diversity, but also highlights the importance of context in driving both the impact and response to this issue. The Palgrave Handbook of Age Diversity and Work includes contributions from leading scholars in age and generational diversity from across the world, discussing cutting-edge research findings about the nature and impact of age diversity and presenting approaches to managing this phenomenon.

The amount of physical matter in the world is fixed and improvements to people's material circumstances are only created by their ability to reconfigure this matter. What distinguishes labour, and subsequently what allows for differing increments of value, are our capabilities, skills and understandings. In addition, the way society synchronises these individual talents and pieces of knowledge is significant. This innovative book sheds new light on the emerging confluence between labour and industrial economics: the view that labour as capital is the dominant factor of production. This factor is commonly embraced under the term intangible capital. This book examines the process by which firms accumulate intangible capital assets using a post-Keynesian perspective. It will be of interest to labour and industrial economists, especially those who favour post-Keynesian and Kaleckian economic thought.

In development literature Foreign Direct Investment (FDI) is traditionally considered to be instrumental for the economic growth of all countries, particularly the developing ones. It acts as a panacea for breaking out of the vicious circle of low savings/low income and facilitates the import of capital goods and advanced technical knowhow. This book delves into the complex interaction of FDI with diverse factors. While FDI affects the efficiency of domestic producers through technological diffusion and spill-over effects, it also impinges on the labor market, affecting unemployment levels, human capital formation, wages (and wage inequality) and poverty; furthermore, it has important implications for socio-economic issues such as child labor, agricultural disputes over Special Economic Zones (SEZ) and environmental pollution. The empirical evidence with regard to most of the effects of FDI is highly mixed and reflects the fact that there are a number of mechanisms involved that interact with each other to produce opposing results. The book highlights the theoretical underpinnings behind the inherent contradictions and shows that the final outcome depends on a number of country-specific factors such as the nature of non-traded goods, factor endowments, technological and institutional factors. Thus, though not exhaustive, the book integrates FDI within most of the existing economic systems in order to define its much-debated role in developing economies. A theoretical analysis of the different facets of FDI as proposed in the book is thus indispensable, especially for the formulation of appropriate policies for foreign capital.

The aging and migration megatrends and their impact on spatial - regional and local - labor market performance is the core theme of this book, and thus together define its scope and focus. The contributions provide an overview of key aging and migration issues in various countries together with analyses of their varied impacts on regional labor markets. Systematic database research and related empirical analyses are used to map out the complex and dynamic nature of these trends, while cutting-edge economic and modeling techniques are used to analyze them. In closing, the book critically reviews and assesses selected policy measures designed to cope with the effects of aging and migration on regional labor markets.

The great competition today is not just for customers, but for American employees. How do you attract the best, keep them happy, and harness their considerable ingenuity and entrepreneurism? Indeed, how do you find common ground at all on which to organize so resourceful yet so individualistic, so diverse, and often so contentious a work force, the most talented of whom are also often the most iconoclastic?
Mavericks in the Workplace shows that such traits, once regarded as debilitating weaknesses, are in fact sources of great strength for organizations. The key to tapping them is not Human Resources programs, pilling on more perks, or even pricey compensation programs. The key can be found in a clearer understanding of our social, cultural, and political heritage. William Lee draws on intensive work by historians, who have brilliantly pieced together the puzzle of what makes Americans tick. How do they normally organize, for example, when faced with the most daunting tasks? What bonds them to groups, and to each other? What sort of leadership do they respect and respond to most strongly? Above all, how do they best form into societies (and every business is a small society) that harness their considerable wealth-creating potential? The answers will shock conventional management wisdom--but they will resonate with the employees you want to hire and keep.
Even the most diverse and individualistic American workers, Lee asserts, can find common ground in organizations that build on Thomas Jefferson's radical basis for American society itself: "All men are created equal." Mavericks in the Workplace shows companies how to create that common ground and win the contest for American workers.

The growing inequality in the global economy across the planet is reaching unprecedented levels. This book seeks to develop frameworks for the assessment of excessive inequality and its impact on social-economic progress and sustainable development. It begins by summarizing the theoretical approaches of economic inequality, its specificity, and questioning what economic inequality really is and how it progresses. Next, the book explores issues of methodology for addressing the growing excessive economic inequality. It then applies these concepts to examine inequality across a range of the European Union (EU) countries. A variety of factors are considered, such as the impact of economic inequality on socio-economic progress, when normal inequality turns into excessive inequality, and its impact on economic growth, quality of life, and the environmental sustainability across different groups.

The text presents the most rigorous analyses of traditional general management questions available, yet emphasizes practical application of the ideas. The authors' research has influenced the real-world examples featured throughout the text. While serving as a strong complement to traditional approaches of organizational design, the text also provides a fresh approach for both students and managers.

This book provides a unique insight into negotiations around language investment for employability in the context of public employment services. Drawing on extensive ethnographical research carried out in Regional Employment Offices in Switzerland, the authors follow the stories of various job seekers. In doing so, they challenge the currently dominant assumption that investment in language competences leads to better employability. Arguing for a political economic perspective on these issues, this book will be of interest to anyone concerned with the connections between language and social inequality, as well as students and scholars of sociolinguistics and applied linguistics.

This book looks at the powerful global discourse on employability in labor markets, by providing case studies of local work practices. This is key to understanding contemporary changes in the workings of labor markets and highlights changes in ideas regarding responsibility and learning. This is the first major study of the connection between the global discourse and local practices of employability and provides a valuable contribution to the workings of labor markets today.

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.

Comprising five thematic sections, this volume provides a critical, international and interdisciplinary exploration of employment relations. It examines the major subjects and emerging areas within the field, including essays on institutional theory, voice, new actors, precarious work and employment. Led by a well-respected team of editors, the contributors examine current knowledge and debates within each topic, offering cutting-edge analysis and reflection. The Routledge Companion to Employment Relations is an extensive reference work that offers students and researchers an introduction to current scholarship in the longstanding discipline of employment relations. It will be an essential addition to library collections in business and management, law, economics, sociology and political economy.

Quietly and steadily, the number of women making six figures or more is increasing and continues to rise at a rate faster than for men. From entrepreneurs to corporate executives, from white-collar professionals to freelancers and part-timers, women are forging careers with considerable financial success.

In "Secrets of Six-Figure Women, " Barbara Stanny, journalist, motivational speaker, and financial educator, identifies the seven key strategies of female highearners: A Profit Motive, Audacity, Resilience, Encouragement, Self-Awareness, Non-attachment, and Financial Know-How.

Based on extensive research and hundreds of interviews, including more than 150 women whose annual earnings range from $100,000 to $7 million, Barbara Stanny turns each of the six-figure traits into a specific strategy for upping earnings. By rigorously fine-tuning them, readers can, step-by-step, climb the income ladder.

Presents a research in employment policy. This title addresses the reform of the unemployment insurance system.

This book offers an analysis of the key issues faced by women in the labor market in the 21st century. It identifies the factors that inhibit women's participation in the labor market, studies occupational segregation by gender and analyzes labor transitions, questioning whether the experience for men and women differs. It also explores the effect of entrepreneurship support programs on women's economic and social positions, as well as the public policy implications of women's entry into the labor market. The book investigates working women in Mexico and also offers comparisons with countries such as Spain and developing countries within Eastern Europe. It explores a variety of topics, from a gender perspective, such as labor participation, the feminization of poverty, migration, wage gaps, changes in employment, informal work programs and public policy. Finally, the book offers a topical and timely analysis of the COVID-19 pandemic, tracking the gender inequalities among men and women in labor markets. The main market for the book is the global community of academics, researchers and graduate students in the fields of economics and, specifically, in the study of the labor market from a gender perspective. It will also be beneficial to government institutions responsible for the creation of public programs and policies, as well as non-governmental and non-profit organizations.

This book explores the ways in which neoliberal capitalism has reshaped the lives of working-class men around the world. It focuses on the effects of employment change and of new forms of governmentality on men's experiences of both public and private life. The book presents a range of international studies-from the US, UK, and Australia to Western and Northern Europe, Russia, and Nigeria-that move beyond discourses positing a 'masculinity crisis' or pathologizing working-class men. Instead, the authors look at the active ways men have dealt with forms of economic and symbolic marginalization and the barriers they have faced in doing so. While the focus of the volume is employment change, it covers a range of topics from consumption and leisure to education and family.

For up to twenty years after the Second World War both in Britain and the US boasted `mature' industrial relations systems supported by their governments and, allowing for some differences in degree, by most employers. Since the early 1980s, these systems have been critically weakened. This comparative industrial relations text explains this development primarily through the withdrawal of public policy support and, mainly in Britain's case, its replacement by government hostility. An important consequence of this is the erosion of the effective defence and representation of employee interests as the managerial prerogative has been allowed, even encouraged, to extend its authority in the workplace. The `representation gap' has grown so that six out of seven US employees, and two out of three British, are not represented at work, at the same time as there has been increasing discussion of `team' working etc. This could be a serious negative development for economic performance. A growing body of research is indicating that employers who bargain with trade unions, or enter into partnerships with them, are likely to be more productive than their non-union competitors. More importantly, the size of the representation gap presents a clear denial of the democratic rights of citizens, in their role as employees, with potentially serious implications for social stability both within and beyond the workplace.

This book investigates the potential of the Spanish Sociedades Laborales (SLs) as an instrument of active labour market policy for re-turning the unemployed to the labour market and also the transferability of the scheme to other EU Member States. Spanish Sociedades Laborales (SLs) - mostly small and micro enterprises - are a qualified form of conventional corporation, majority-owned by their permanent employees. Unemployed persons can capitalise their unemployment benefits as a lump sum to start a new SL or to recapitalise an existing SL by joining it. This makes SLs similar to start-up subsidies for the unemployed, an established instrument of active labour market policy across the EU. The new 2015 Law on Worker-Owned and Participatory Companies substantially modernised the concept of SLs 30 years after its inception. The book tackles two currently widely discussed policy issues at both the EU level as well as the national level, i.e., reactivating unemployed in the context of ALMP and encouraging employee co-ownership in the context of the economic reform agenda in particular with regard to corporate governance, regional economic stimuli and distributive justice.