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Books > Business & Economics > Economics > Labour economics
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.
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 handbook provides an overview of research related to smart technologies and how they permeate the economic and social fabric. It covers a wide spectrum of topics and issues raised in the debate surrounding the increasing importance of smart technologies. It takes on a strongly multi- and interdisciplinary perspective, providing readers from different backgrounds and with varying knowledge of this topic with a comprehensive and comprehensible overview of the main upcoming technological trends from a scientifically eclectic viewpoint. This handbook draws together an international team of researchers from different scientific disciplines. The list of contributors comprises authors from Europe, North America, Australia and South Korea, and includes both internationally outstanding scientists and experts from a more policy-related and/or industry-related background.
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.
This edited collection provides a comprehensive examination of multidimensional poverty for a wide variety of economies and societies, with a general focus on multidimensional poverty in developed countries, where poverty is often overlooked. Arguing that income- and consumption-based poverty measures cannot provide a full picture of the presence and extent of poverty, the contributors suggest new ways to structure assessment indexes. Complementing the discussion of new rubrics, a series of single-country and comparative examples from Europe and the United States examine variation in multidimensional poverty incidence and the extent of deprivation. This combination of methodology and application will appeal to academics, researchers, and policymakers alike.
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.
Conventional historical accounts of European communism tend to delegate women to the margins. By focusing on female industrial workers in postwar Poland, Malgorzata Fidelis demonstrates that women, in fact, were central to the making of communist society both as subjects of policies and ideology, and as powerful historical agents in their own right. This book uncovers a dynamic story of political contestation between state and society, in which ideas and practices of gender played a surprisingly pivotal role. Through fascinating material ranging from previously untapped party and secret police records to ordinary people's letters to the press and oral interviews, the book offers new insights on the social impact of war, struggles on the shop-floor, the challenges of incorporating village girls into fast-moving industrial society, the societal resistance against women entering male-dominated occupations, and finally the unexpected consequences of liberalization and reform.
The remote work revolution presents a unique opportunity for higher education institutions to reinvent themselves and become talent magnets. In Knowledge Towns, David J. Staley and Dominic D. J. Endicott argue that the location of a college or university is a necessary piece of any region's effort to attract remote knowledge workers and accelerate economic development and creative placemaking. Just as every town expects a church, bank branch, post office, and coffeehouse, Staley and Endicott write, we will see a decentralized network of institutions of higher education flourish, acting as cornerstones for the post-pandemic rebuilding of our society and economy. In calling for a "college in any town," they are not simply proposing placing a traditional college within a town or city, but envisioning instead a particular kind of higher education institution called a "knowledge enterprise." In addition to providing the services of a traditional college, a knowledge enterprise acts as a talent magnet, attracting workers looking to move to cheaper and more attractive destinations. With the post-COVID-19 shift to more remote work, and millions of people moving to more affordable and livable cities, a place that wants to attract talent will require a thriving academic environment. This represents a new opportunity for "town and gown" to create collaborative communities. The pandemic has accelerated existing trends that put at risk the viability of many colleges and universities, as well as that of many towns and cities. The talent magnet strategy outlined in this book offers colleges and towns a plan of action for regeneration.
The title investigates rural labor mobility in China since 2003, an important phenomenon in the process of Chinese economic transition, influential in economic growth at the macro level and individual wellbeing at the micro level. Based on empirical analysis, the study identifies and evaluates the characteristics, driving forces and impact of the migration and mobility of the rural labor force. The following factors are considered to impact rural workers' mobility decisions and are thoroughly discussed in each chapter: (1) convergence in the level of regional income, (2) industrial structure and the age structure of the workforce, (3) the household registration system, (4) the income gap, (5) the issue of children that are left behind, (6) the health status of rural migrant workers and (7) their social networks. Drawing on new research methods, the final chapter reassesses the impact of rural parents' migration to the city and the overall wellbeing of their children left behind at home, challenging the well-accepted view that there is a negative correlation between the two. The book will appeal to scholars and students interested in labor economics, Chinese economy, sociology, demography, migrant population and especially labor mobility in China.
The labor market in Islam is governed by the Islamic laws of fairness, justice, and reward that is equivalent to the job done. Most of the literature in the field discusses the normative aspect of the labor market, whereas few attempts can be seen to address more positive aspects. There is a need for new theoretical and empirical models for the Islamic labor market, which should differ from established approaches. This book provides a comprehensive overview of the nature, scope, and dimensions of the labor market in an Islamic context, from both theoretical and practical perspectives. It presents and discusses labor economics and then compares the similarities and differences between conventional and Islamic views of the labor market, explaining where they meet, and critically justifying why they differ, under the umbrella of Shari'ah. The book raises pertinent issues, which it analyzes from both standpoints and widens the discourse to include norms, morality, and related institutions such as social security and welfare. A unique feature of the book is that it examines labor economics practices among a specific group of countries, and studies the labor conditions within these countries, where the majority of the population follow the teachings of Islam in their daily lives. The book proposes practical strategies for the development of new models for the Islamic labor market which are compatible with the modern world. The book will enable academics and practitioners of Islamic economics to make economic sense of Shari'ah compliance and human resource development.
This international book analyses the impact of digitisation in labour markets, on labour relationships and also on labour processes. The rapid progress of modern disruptive technologies and AIs and their multiple applications to each phase of the labour production system, are changing the production rules on a global scale with significant impacts in every aspect of work. As new technologies transform work patterns and change the type of jobs available - destroying some while creating others - and even the nature of the tasks performed, numerous legal problems arise which are challenging to legislators and legal scholars who need to find appropriate solutions to them. Considering the labour law issues which have been created by technological developments and currently affect the work of millions worldwide, this book highlights the full scope of these issues, suggesting solutions to emerging problems and ways to mitigate the risks brought about through technological advancement. Approaching the present debate with perspectives on legal problems with expertise from a wide range of different countries, this book presents informed and scholarly studies which answer the challenges that new technologies present in labour markets, private lives and labour processes.
This book analyses novel and important issues relating to the emergence of new forms of work resulting from the introduction of disruptive technologies in the enterprises and the labour market, especially platform work. The first part of the book examines the platform economy and labour market, to address the more general challenges that the recent labour platforms pose for employment and the labour market, while the second part of the book considers the implications of the rise of different ways of work in the enterprises due to the incorporation of technology in a global context. Providing a rich analysis and evaluation of the numerous theoretical and practical regulatory problems arising from constantly developing technology, this book makes important and informed suggestions on how to solve the numerous problems which have arisen. The collection of chapters in this volume are varied and are dealt with from different disciplinary angles, and from a diverse range of countries and legal systems to create an interesting and unique global picture on the topics studied therein. With an international perspective, the book will be of interest to students and scholars of economy and technology law.
China is historically famous for its high demographic dividend and its huge working population, and this has driven tremendous economic growth over the past few decades. However, that population has begun to shrink and the Lewis turning point whereby surplus rural population has been absorbed into manufacturing is also approaching, leading to great change in the Chinese labor market. Will this negatively affect China's economic growth? Can the "Middle-Income Trap" be avoided? What reforms should be made on the labor supply side? This book tackles these key questions. This book is a collection of 14 papers presenting the author's observations, analysis, and opinions of China's long-term economic development from the demographic perspective, while analysing real economic problems from the past and including policy recommendations. It provides a critical reference for scholars and students interested in Chinese economic development and demographic perspectives on economic development.
Debate surrounding the employability of graduates has been around for many decades, and interest in this area has grown particularly since the start of this century. Tackling this relevant area of scholarship, this book uses an innovative approach to analyse the relationship between the university and the labour market from different perspectives, taking into account both sociological and economic theories. Key areas explored include work transition, graduate employability, and the effects of public interventions/initiatives which are aimed at matching the competences of graduates to labour market needs. The chapters summarise several years of author original research, including study on the employability of graduates in Poland more specifically, and the effects of their public interventions to increase graduate employment and facilitate entry into the workforce (e.g. Commissioned Fields of Study, Competences Development Programme). More generally, university - labour market relations are analysed from three perspectives: micro (understood as individual characteristics shaping educational and occupational choices and decisions), and meso and macro (e.g. features of the education system and such as the strength of the signal sent by HE diplomas; the macroeconomic situation and the condition of the labour market and the state of debate on general and employability competences and its implications). The conclusions made are pertinent given ongoing debates around graduate mismatch in the labour market, as well as the questioning of tuition fees and the role of the university in society more broadly. The interdisciplinary nature of this book makes it of great interest to academics, researchers and postgraduate students in the areas of sociology, economy, public policy, and also to practitioners designing educational interventions themselves.
In the age of globalization, the importance of migration for the industrialized countries has increased. Inflows of migrants have steadily risen in the 1980s and the early 1990s. Yet while the public debate about policy responses to these developments continues unabated, research findings of economists are often ignored. In this four-volume collection the editors have selected some of the most significant contributions on the economics of migration, which provide an overview of the present state of empirical migration research. Topics covered include the migration decision, the integration of immigrants into the labor market and society, their economic behavior, empirical and theoretical contributions to migration policy, and the effects of immigrants on the native population.
This book contributes to the understanding of the process of globalization in South Asia by focusing on labour and employment issues.Information about labour and employment in South Asia can serve the interests of a wide audience, due to the increasing importance of the region. Most of the chapters are based on primary data collected from the authors' own field surveys. It presents a critical re-examination of the legal, regulatory and institutional framework of ongoing labour reforms.There are numerous labour and employment issues facing South Asia in this era of growth. With critical examination of ongoing labour reforms, and using extensive field surveys, this book will be of interest to all seeking an analysis of labour economics, labour laws, economic growth and globalization in South Asia.
The chapters in this volume study transnational social relationships and cross-border connections between 'ordinary' people that arise from the increasingly large-scale mobilities and migrations between Thailand and 'the West'. While Thai and Western people's social relationships are usually studied as personal stories within a cross-border marriage migration perspective, this book considers it necessary to see them as more than marriage migration. Even though a focus on the 'personal life stories' of marriage migrants provides valuable insights, it can also mask consideration of the structural context of socially embedded cross- border connections and exchanges, as well as state restrictions, that, first, make people's decisions to move a possibility in the first place, and second, shape a migrant's post- migration life- trajectory and experiences, relative to others in their origin and settlement societies. The chapters on Thai women who marry and move with older Western men, Western men and women who move to Thailand to retire or for leisure, and Thai rural families transformed by mobilities and migration, try to draw out their gendered experiences of transnational living. The individual choices that shaped these lives, and the surprising prevalence of lives like these in Thailand and abroad, needs to be understood within context as an outcome of the specific globalisation processes that have shaped Thailand through transnational links to other parts of the world over the last decades. Globalisation and penetration by foreign capital, cultures, and people through mass tourism is key to this explanatory backstory as well as the internal rural/ urban cleavages that drive Thailand's economic development. This book was originally published as a special issue of the Journal of Ethnic and Migration Studies.
This book helps in pushing forward a Kaleckian research agenda that is even more urgent given the 2007-2009 financial crisis and the current post-COVID recovery. Michal Kalecki was a leading heterodox economist, whose influence in the field perhaps even surpasses that of Keynes. Kalecki's insights are even more relevant today, and scholars are encouraged to apply his conclusions to ensure the sustainability of our economic systems. This edited volume, honouring the work of Michal Kalecki, includes chapters contributed by celebrated Kaleckian economists. In honour of the 50th anniversary of his demise, the Review of Political Economy (ROPE) and Edward Lipinski Foundation hosted a conference in September 2020 to celebrate his contribution to heterodox economics and his lasting legacy. These chapters, honouring the work of Michal Kalecki, span a panoply of topics and include a personal note from one of his former students and friend, and cover topics such as Kalecki's relationship with the Cantabrigians, labour economics, fiscal policy, income distribution, gender, finance, debt, and democracy. The chapters in this book were originally published as a special issue of the journal Review of Political Economy.
The promotion of social protection in Sub-Saharan Africa happens in a context where informal labour markets constitute the norm, and where most workers live uncertain livelihoods with very limited access to official social protection. The dominant social protection agenda and the associated literature come with an almost exclusive focus on donor and state programmes even if their coverage is limited to small parts of the populations - and in no way stands measure to the needs. In these circumstances, people depend on other means of protection and cushioning against risks and vulnerabilities including different forms of collective self-organizing providing alternative forms of social protection. These informal, bottom-up forms of social protection are at a nascent stage of social protection discussions and little is known about the extent or models of these informal mechanisms. This book seeks to fill this gap by focusing on three important sectors of informal work, namely: transport, construction, and micro-trade in Kenya and Tanzania. It explores how the global social protection agenda interacts with informal contexts and how it fits with the actual realities of the informal workers. Consequently, the authors examine and compare the social protection models conceptualized and implemented 'from above' by the public authorities in Tanzania and Kenya with social protection mechanisms 'from below' by the informal workers own collective associations. The book will be of interest to academics in International Development Studies, Political Economy, and African Studies, as well as development practitioners and policy communities.
Originally published in 1979, the purpose of this book is to introduce a theory of the distribution of national income between wages, profits and other categories of income. The relation between this branch of distribution theory and other areas of economics is explained in the Introduction. The first six chapters are designed to introduce distribution theory to students of intermediate economic principles. The reader should be familiar with the basic analysis of supply, demand and market equilibrium, and with the use of indifference curves to represent a consumer's preferences. The remaining seven chapters discuss developments of the theory introduced in the first six.
Respectable Professionals contains the contributions of fifteen experts about the birth of new professions and the modernization of working practices in old trades in nineteenth-century Spain. The authors consider that professionalism and respectability were the most relevant elements which structured the bourgeois society in the nineteenth century. The economic changes resulting from the abolition of guilds, the extension of the competences of the State and the liberalization of the economy contributed greatly to the renewal of the labour market. This process took place while some other transformations gave rise to the bourgeois society, such as the urbanization, the updating of the educational system or the organization of professional networks and associations. Starting from the sociology of professions, the book reflects on the historical and sociocultural elements that influenced the development of professional society through different case studies that allow us to compare with other European countries. Nowadays we are living through similar changes in the labour market that should lead us to look back and learn from the challenges faced by professionals in the past.
This major volume features a key selection of Wilfred Beckerman's work on the determinants of economic growth in the post-war world, income distribution and environmental policy. Economic growth is the focus of the first part of this volume which includes papers on the causes of differentiated rates of growth in the post-war years, its relationship to welfare, and the desirability of economic growth. The relationship between growth and the state of the environment is the subject of the second part of the volume which includes discussion of the economics of climate change, obligations to future generations and the justification of discounting. In this part of the book, Wilfred Beckerman also questions the value of sustainable development. The third part of the book, on inequality and poverty, focuses on the distribution of incomes, the conceptual problems of poverty measurement and the impact of social security payments in Britain. This volume also features an extensive introduction in which the author looks back on his career both as an academic and as a civil servant. Iconoclastic and thought-provoking, Growth, the Environment and the Distribution of Incomes will be welcomed as a wide-ranging and unconventional discussion of economic approaches to the environment, wealth distribution and growth.
Understanding the New Global Economy: A European Perspective argues that globalisation is facing economic and political headwinds. A new global economic geography is emerging, cross-border relationships are changing, and global governance structures must come to terms with a new multipolar world. This book clarifies the fundamental questions and trade-offs in this new global economy, and gives readers the tools to understand contemporary debates. It presents a range of possible policy options, without being prescriptive. Following a modular structure, each chapter takes a similar approach but can also be read as a stand-alone piece. State-of-the-art academic research and historical experiences are weaved throughout the book, and readers are pointed towards relevant sources of information . This text is an accessible guide to the contemporary world economy, suited to students of international economics, political economy, globalisation, and European studies. It will also be valuable reading for researchers, professionals, and general readers interested in economics, politics, and civil society.
* Focuses on advancing collaborative, equitable and sustainable labor relations approaches and strategies in higher education, offering practical advice to those managing and leading. * Provides benchmark measures of success and best practices * Offers timely information on select employee groups where there is interest and activity, particularly with respect to the COVID 19 matters, which are going to have a dramatic impact on negotiations, particularly graduate students, adjunct, contingent and part-time employees. |
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