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Books > Business & Economics > Economics > Political economy
This book is about the transformation of America that has occurred
over the past thirty-five years, as capitalist logic has expanded
into previously protected spheres of life. This expansion has had
devastating effects on the potential for human development. Looking
at how human beings create themselves and their worlds on material
foundations of health and the natural environment, through work and
politics, the book chronicles how neoliberalism has limited human
potential. At a time when neoliberalism's effects are stirring
various forms of popular resistance and opposition, this is a
manifesto of sorts for the range of processes that need to be
confronted if human potential is to be freed from the increasingly
cramped quarters to which neoliberalism has confined it. -- .
The neoliberal policy response to the crisis in Ghana did not
succeed in reversing the economic decline in both the medium and
long term. In fact, quite the opposite, rather than undoing the
economic decline, Frimpong argues that the policy prescriptions
further weakened the country's ability to develop. This is because
the policies intentionally and unintentionally encouraged factors
that destabilised the possibility of the real productive assets to
earn commensurate returns to facilitate the flow of capital to the
real sectors to ensure the survival of industrial enterprises.
Rising profit in the financial sector incentivised financial
capitalist to divert capital into financial assets at the expense
of productive investment, further decelerating the pace of real
capital accumulation in the country.
This book brings together works by specialists from various areas
of the social sciences to reflect on the presence of China in
Portugal and in Portuguese-speaking territories. From the first
Chinese coolies that migrated to the former Portuguese colonies
more than 100 years ago, to the current investments along the Belt
and Road Initiative, we take the pulse of this historic, social,
political and economic presence and flows, that continues to renew
and reinvent itself in the face of the challenges of
contemporaneity.
This volume showcases the most exciting new voices in the fields of
business and political history. While the media frequently warns of
the newfound power of business in the world of politics, the
authors in this book demonstrate that business has mobilized to
shape public policy and government institutions, as well as
electoral outcomes, for decades. Rather than assuming that business
influence is inevitable, the chapters explore the complex evolution
of this relationship in a wide range of different arenas-from
attempts to create a corporate-friendly tax policy and regulations
that would work in the interests of particular industries, to local
boosterism as a weapon against New Deal liberalism, to the nexus
between evangelical Christianity and the oil industry, to the
frustrations that business people felt in struggles with public
interest groups. The history that emerges show business actors
organizing themselves to affect government in myriad ways,
sometimes successfully but other times with outcomes far different
than they hoped for. The result in an image of American politics
that is more complex and contested than it is often thought to be.
The essays represent a new trend in scholarship on political
economy, one that seeks to break down the barriers that once
separated old subfields to offer a vision of the economy as shaped
by politics and political life influenced by economic
relationships.
This insightful book provides an astute analysis of how resilient
multiple regional economies across Europe were to the global
economic crisis of 2008-9. Assessing the impact and geography of
the crisis, this book offers a cross-comparative study of how
regional economies were affected, as well as an exploration of the
role of local and regional policy in influencing economic
resilience. The different experiences seen across Europe throughout
the economic crisis raise a number of important questions: why were
some regions more resilient to the crisis than others? What is
meant when discussing a resilient economy? How might local and
regional policy-makers help support the resilience of their
economies? The expert contributors take these crucial questions
into account, presenting detailed case studies using quantitative
and qualitative research data to analyse how the crisis affected
various European regions. Economic Crisis and the Resilience of
Regions will be an essential read for academics, researchers, and
policymakers interested in the concept of regional economic
resilience, its measurement, and the factors influencing it, as
well as for analysts interested in the geographical impact of the
2008-9 global economic crisis. Contributors include: G. Bristow, A.
Healy, C. Kakderi, L. Kirchner, F. Koch, G. Masik, I. Sagan, M.
Sensier, V. Sepp, D. Speda, U. Varblane, U. Varblane, R. Wink
Handbook of Agricultural Economics, Volume Five highlights new
advances in the field, with this new release exploring
comprehensive chapters written by an international board of authors
who discuss topics such as The Economics of Agricultural
Innovation, Climate, food and agriculture, Agricultural Labor
Markets: Immigration Policy, Minimum Wages, Etc., Risk Management
in Agricultural Production, Animal Health and Livestock Disease,
Behavioral and Experimental Economics to Inform Agri-Environmental
Programs and Policies, Big Data, Machine Learning Methods for
Agricultural and Applied Economists, Agricultural data collection
to minimize measurement error and maximize coverage, Gender,
agriculture and nutrition, Social Networks Analysis In Agricultural
Economics, and more.
Elgar Research Agendas outline the future of research in a given
area. Leading scholars are given the space to explore their subject
in provocative ways, and map out the potential directions of
travel. They are relevant but also visionary. This exciting
Research Agenda offers a multi-disciplinary and historically
informed programme for the further investigation of the global
political economy of the corporate sector. It tackles the question,
can and should the corporation be reformed? Christopher May
develops a range of intersecting areas for research while also
offering an account of the possibilities for the reform of the
global corporation. Based on an understanding of the history of
corporations, the author provides key insights into their
management and political agency as well as the operation of the
global corporate supply chain. Drawing links between a range of
disciplines and perspectives on business enterprises, May calls for
a more nuanced understanding of the global corporate sector in
order to better comprehend the contours of the contemporary global
capitalist system. This Research Agenda will be a valuable resource
for students and academics of politics, economics, sociology and
law, who are curious to explore the corporation in relation to
their area of study.
'The thoroughgoing disaster inflicted on the global economy in 2008
by the gambling of the financial system should have resulted
serious sanctions for financial actors and the jettisoning of any
belief in the efficacy and fairness of the neoliberal regime. But
the tepid action of policy makers has allowed the system to muddle
through and undermined any remaining trust and faith among the
polity. It is not hard to see the breakdown of political stability
across the world in the last two to three years as resulting direct
from the justified belief that the rules of the global economy
favor the very few. In this book, a group of critical scholars
painstakingly identify and illuminate key aspects of the global
financial system that continue to reinforce global inequalities of
power and that contribute to dangerous political and economic
instability. Through a series of thorough case studies ranging from
the macroeconomic instability engendered by untrammeled capital
flows, to the way sovereign debt restructuring favors northern
creditors, to the hierarchy of the monetary system that
concentrates enormous power in the hands of a few central banks,
these studies throw light on the ways global financial
neoliberalism and political and social power work to undermine
macroeconomic stability and social justice. It will be read by
serious scholars of the political economy of finance with great
interest.' - Arjun Jayadev, Azim Premji University, India and
Institute for New Economic Thinking The essays in this book
describe and analyze the current contours of the international
financial system, covering both developed and developing countries,
and focusing on the ways in which the current international
financial system structures and is affected by profound
inequalities in the international system. This keen analysis of key
topics in international finance takes a heterodox perspective, with
focus on the role of inequalities in power in shaping the structure
and outcomes in the international sphere. The Political Economy of
International Finance in an Age of Inequality begins with a
discussion of capital flows and financial crisis, moves into an
up-to-date discussion of the political economy of currency unions,
and then focuses on analysis of capital flows and economic crises.
New and established academics present a broad variety of special
case studies within that general framework focusing on understudied
yet important up to date cases from understudied regions and
countries for a unique and important exploration of the field. This
book will be of interest to students and specialists in
international finance, who will benefit from the combination of the
strong general framework and illustrative case studies. Its
approach will appeal both to generalists and specialists.
Contributors include: M. Arora, E. Braunstein, H. Comert, D. Dutt,
N. Eichacker, G. Epstein, I. Grabel, S. Khalil, M. Majd, F. Perez,
L.D. Rosero, Z. Ybrayev
Marx's early work is well known and widely available, but it
usually interpreted as at best a kind of stepping-stone to the Marx
of Capital. This book offers something completely different; it
reconstructs, from his first writings spanning from 1835 to 1846, a
coherent and well-rounded political philosophy. The influence of
Engels upon the development of that philosophy is discussed. This,
it is argued, was a philosophy that Marx could have presented had
he put the ideas together, as he hinted was his eventual intention.
Had he done so, this first Marx would have made an even greater
contribution to social and political philosophy than is generally
acknowledged today. Arguments regarding revolutionary change,
contradiction and other topics such as production, alienation and
emancipation contribute to a powerful analysis in the early works
of Marx, one which is worthy of discussion on its own merits. This
analysis is distributed among a range of books, papers, letters and
other writings, and is gathered here for the first time. Marx's
work of the period was driven by his commitment to emancipation.
Moreover, as is discussed in the conclusion to this book, his
emancipatory philosophy continues to have resonance today. This new
book presents Marx in a unique, new light and will be indispensable
reading for all studying and following his work.
Innovative in its approach, Rethinking Public Choice reviews the
concept of public choice since the 1950s post-war period and the
application of economics to political practices and institutions,
as well as its evolution in recent years attracting contributions
from political science and philosophy. Examining the growing
variety of theoretical orientations on the topic, such as entangled
political economy and additive political economy, the book provides
new analytical insights into combining the old and new to establish
a more unified political economy. Richard E. Wagner expertly
highlights the key issues an entangled economy can bring, including
incomplete information and its constant evolution as it reflects
ever changing public choice ideas. Wagner seeks to extend the reach
of public choice by distinguishing the formal idea of rationality
that has dominated public choice from the immensely varied practice
of human action that opens up now directions for public choice.
This insightful approach will prove an excellent resource for
academics and scholars of economics and political science, as well
as those within the field of public administration as it offers an
excellent blend of all subjects.
As the COVID-19 pandemic comes to a close, inflation has revealed
itself to be a major problem for all countries of the developed
world. The problem has been exacerbated in developing nations,
which had problems even before the pandemic. Energy prices have
increased, and with the increase in transportation costs, it has
been more difficult for many retailers to stock shelves as they did
before the pandemic. It is understood by many that the rising
prices and supply chain disruptions will likely not be temporary
and must be managed by future executives. Managing Inflation and
Supply Chain Disruptions in the Global Economy uncovers the many
ways businesses can manage this new phenomenon. It discusses global
crises and their effects on the global economy in terms of
inflation and supply chain. Covering topics such as inflationist
impact, crisis leadership, and deglobalization, this premier
reference source is an essential resource for economists, supply
chain specialists, government officials, consultants, business
leaders and executives, logistics professionals, IT managers,
students and educators of higher education, researchers, and
academicians.
In the age of globalisation, goods, services, labour and capital
are crossing international borders on a scale never before known.
They are creating a nationless market. Governed by both the
invisible hand of business and interest and the visible hand of
authority and direction, a world market can be a free-for-all, but
it can also be constrained by the national interest of countries
that differ greatly in their social institutions and material
circumstances. This book provides a lucid and comprehensive account
of contemporary international political economy. Beginning with the
ideological underpinnings, it examines the globalisation of trade
in goods and services and labour and capital. It relates the free
economic market to social consensus and political regulation, both
within sovereign countries and at the supra-national level. The
book is comprehensive and interdisciplinary, incorporating
philosophical, political, social and economic insights on an
international scale and applying them directly to the ongoing
phenomenon of globalisation. Topical and non-nation specific, it
covers the WTO, EU, the transfer of technology, the multinational
corporation, the exchange rate, free versus regulated trade, the
status of agreements and blocs, as well as contemporary issues such
as populism, xenophobia and rapid economic growth in both rich and
poor nations. Accessible to specialists, students and the informed
reader alike, State and Trade offers wide-ranging analysis of the
politics of trade in goods and services, international investment
and the migration of labour across the globe.
The Cultural Political Economy of the Construction Industry in
Turkey analyses the growth of the popularity of the 'Justice and
Development Party' (official acronym: AK Parti or AKP) of Turkey's
president Erdogan, through the lens of the construction sector. It
provides a comprehensive analysis of the question of hegemony and
the electoral success of the AKP - despite frequent economic
downturns and ferocious political conflicts including a coup d'etat
attempt and rekindled armed struggles. In this book, Ismail Doga
Karatepe critically examines the AKP's ability to satisfy the needs
and wishes of different social classes and groups. By taking the
construction sector as an example, the book analyses these in the
context of the changes in the urban landscape of modern Turkey.
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