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Books > Business & Economics > Economics > Political economy
Political Economy of Globalization and China's Options offers the
political economy of globalization and China's options in response
to globalization's retrogression, and the construction of world
order. What are the strategies for upgrading the competitiveness of
an emerging major power? Why does world need a new concept of
openness? What are the four major challenges for the world economy?
How do Chinese scholars think of in an "Anti-Globalization"
environment? What are the five major objectives of global politics?
Besides answering these basic questions, we will also consider
other issues: the triangular relationship among China, the United
States, and Russia; Rise of China and transformation of
international order; understanding nuclear security and safety
issues from the perspective of global governance.
Artificial intelligence (AI) and knowledge management can create
innovative digital solutions and business opportunities in Asia
from circular and green economies to technological disruption,
innovation, and smart cities. It is essential to understand the
impact and importance of AI and knowledge management within the
digital economy for future development and for fostering the best
practices within 21st century businesses. The Handbook of Research
on Artificial Intelligence and Knowledge Management in Asia's
Digital Economy offers conceptual frameworks, empirical studies,
and case studies that help to understand the latest developments in
artificial intelligence and knowledge management, as well as its
potential for digital transformation and business opportunities in
Asia. Covering topics such as augmented reality. Convolutional
neural networks, and digital transformation, this major reference
work generates enriching debate on the challenges and opportunities
for economic growth and inclusion in the region among business
executives and leaders, IT managers, policymakers, government
officials, students and educators of higher education, researchers,
and academicians.
This Handbook offers a comprehensive overview of the latest
research from leading scholars on the international political
economy of energy and resources. Highlighting the important
conceptual and empirical themes, the chapters study all levels of
governance, from global to local, and explore the wide range of
issues emerging in a changing political and economic environment.
The original contributions analyse energy as a highly complex,
interconnected policy area, including how energy markets and
regimes are constituted and the governance institutions that are
being designed to challenge existing establishments. A number of
contributors focus on intersections between energy and other policy
fields or sectors, or nexes. These include the climate change,
energy and low carbon transitions nexus; the food, water and
forestry nexus; the energy, resources and development nexus, and
the global?national?local nexus in energy. Significantly, this
Handbook ties the contributions together by exploring opportunities
for sustainable transitions and avoiding resource scarcity whilst
taking other social needs, such as development, into account. This
Handbook will be an essential resource for scholars and students of
international political economy, governance and development studies
as it covers: the environment, development, human rights, global
production, energy transitions and energy security. Contributors
include: L. Baker, T. Boersma, J. Britton, E. Brutschin, J. Burton,
A.A. Camba, R. Falkner, T. Foxon, C. Fraune, A. Goldthau, D.
Gritsenko, A. Hira, R. Hiteva, L. Hughes, J. Jewell, M.F. Keating,
C. Kuzemko, A. Lawrence, F. Lira, A. Losz, K. Lovell, H.E.S.
Nesadurai, M. Nilsson, S. Onder, R. Quitzow, S. Raszewski, W.B.
Renfro, J. Sharples, N. Sitter, M. Skalamera, B.K. Sovacool, C.
Strambo, J. Wilson
With Africa as its point of reference and departure, this volume
examines why and how the two concepts - radicalisms and
conservatisms - should not be taken as mere binaries around which
to organize knowledge. It demonstrates that these concepts have
multiple and diverse meanings as perceived and understood from
different disciplinary vantage points, hence, the deliberate
pluralization of the terms. The essays show what happens when one
juxtaposes the two concepts and how they are easily intertwined
when different peoples' lived experiences of poverty, political and
social alienation, education, intolerance, youth activism, social
(in)justice, violence, etc. across the length and breadth of Africa
are brought to bear on our understandings of these two
particularisms. Contributors are: Adekunle Victor Owoyomi, Adeshina
Francis Akindutire, Adewale O. Owoseni, Bright Nkrumah, Clement
Chipenda, Ebenezer Babajide Ishola, Edwin Etieyibo, Israel
Oberedjemurho Ugoma, Jonah Uyieh, Jonathan O. Chimakonam, Madina
Tlostanova, Maduka Enyimba, Muchaparara Musemwa, Odirin Omiegbe,
Obvious Katsaura, Olufunke Olufunsho Adegoke, Peter Kwaja, Philip
Akporduado Edema, Tafadzwa Chevo, and Temitope Owolabi.
Much has been written on the financial crisis of 2008 - the most
severe economic downturn since the Great Depression - analysing its
causes and the risks for the future of the global economy. This
book takes an alternative approach which focuses on the legacy of
the global financial crisis, what is remembered and what lessons
have been drawn from it. This volume provides perspectives on this
legacy from a variety of contributors including central bankers,
regulators, politicians, academics, and journalists. They offer
insight into what remains of the crisis in terms of public and
industry awareness, changes to the post-2008 financial
architecture, lessons from the national experiences of highly
exposed small economies, and considers this legacy in terms of
oversight by regulatory regimes. These diverse perspectives are
drawn together here to ask how we can ensure that these lessons
will be transmitted to the new generation of global financiers.
This book puts human beings back at the heart of the economic
process. It shows how this classical, human-centred tradition,
stretching from Adam Smith onward, gives us a much better
understanding of economic events - and what to do about them - than
the mechanistic, mathematical models of too many economists and
planners today.' - Eamonn Butler, The Adam Smith Institute,
UK'David Simpson writes about key economic issues with admirable
lucidity. He draws deeply on experience as well as on his knowledge
of economic theory.' - Asa Briggs David Simpson skilfully argues
that a market economy can be best understood as a human complex
system, a perspective that represents a continuation of the
classical tradition in economic thought. In the classical
tradition, growth rather than allocative efficiency is the
principal object of enquiry, economic phenomena are recognised to
be elements of processes rather than structures, and change is
evolutionary. The book shows the common principles that connect the
early classical school, the Austrian school and complexity theory
in a single line of thought. It goes on to show how these
principles can be applied to explain the characteristic features of
a market economy - namely incessant change, growth, the business
cycle and the market process itself - and argues that static
equilibrium theory, whether neoclassical or neo-Keynesian, cannot
satisfactorily account for these phenomena. This fascinating book
will provide a stimulating read for academics, postgraduate
students and all those with an interest in economic theory and
economic policy. Contents: Preface 1. Introduction 2. Human
Behaviour 3. Qualitative Change and Quantitative Growth 4.
Adaptation, Emergence and Evolution 5. Self-organisation and
Complexity 6. Markets, Competition and Entrepreneurship 7.
Specialisation and Growth 8. Prosperity and Recession 9. Government
10. The Rediscovery of Classical Economics Bibliography Index
Innovatively rethinking the discipline of political economy, Fred
P. Gale builds on a range of contemporary examples to develop a
pluralistic conception of sustainability value that underpins
sustainable development. He identifies why current approaches are
having no meaningful impact and unifies diverse perspectives into
one integrative approach. This definitive work argues that
sustainability value?s realization requires a complete rethink of
the way firms and polities are governed, challenging the idea that
preferences are rational. Treating sustainability value as
supervening on four other elemental economic values, the book
illustrates how '?tetravaluation?' is being partially realized at
the level of the firm and the state. With vast differences in
institutional requirements across conventional liberal, nationalist
and socialist frameworks, Gale implores political economy to
abandon its monistic modernist legacy and embrace the pluralistic,
reflexive and interdisciplinary standpoint that sustainability
demands. With striking implications for existing political,
economic and cultural institutions, Gale offers a new perspective
on generating better policy outcomes for public policy
professionals and sustainability practitioners. This book is a
must-read for public policy theorists, political and ecological
economists, and environmental policy researchers, as Gale
challenges the conventional ideas linked to the functioning of
liberal democracy and explores the future of political economic
thought.
In Marx and Social Justice, George E. McCarthy presents a detailed
and comprehensive overview of the ethical, political, and economic
foundations of Marx's theory of social justice in his early and
later writings. What is distinctive about Marx's theory is that he
rejects the views of justice in liberalism and reform socialism
based on legal rights and fair distribution by balancing ancient
Greek philosophy with nineteenth-century political economy. Relying
on Aristotle's definition of social justice grounded in ethics and
politics, virtue and democracy, Marx applies it to a broader range
of issues, including workers' control and creativity, producer
associations, human rights and human needs, fairness and
reciprocity in exchange, wealth distribution, political
emancipation, economic and ecological crises, and economic
democracy. Each chapter in the book represents a different aspect
of social justice. Unlike Locke and Hegel, Marx is able to
integrate natural law and natural rights, as he constructs a
classical vision of self-government 'of the people, by the people'.
As the economic crash of 2007-8 and its sequels developed,
neoliberal economists often said that economic theory can never
cope with such eruptions, and left-minded economists and political
economists struggled to find answers. This book documents
discussions as they developed; an introduction and an afterword
tell the story of the crisis, and offer syntheses and angles on
some of the debated issues. What were the chief imbalances in the
world economy? Is US hegemony breaking down? Were falling profit
rates at the root of the crash, and if so why were they falling?
How does "financialisation" reshape capitalism? Why did
neoliberalism prove so resilient? How might the repercussions lead
to it being subverted from the right or from the left? Contributors
are Robert Brenner, Dick Bryan, Trevor Evans, Barry Finger, Daniela
Gabor, Andrew Gamble, Michel Husson, Andrew Kliman, Costas
Lapavitsas, Simon Mohun, Fred Moseley, Leo Panitch, Hugo Radice,
and Alfredo Saad-Filho.
Innovatively rethinking the discipline of political economy, Fred
P. Gale builds on a range of contemporary examples to develop a
pluralistic conception of sustainability value that underpins
sustainable development. He identifies why current approaches are
having no meaningful impact and unifies diverse perspectives into
one integrative approach. This definitive work argues that
sustainability value?s realization requires a complete rethink of
the way firms and polities are governed, challenging the idea that
preferences are rational. Treating sustainability value as
supervening on four other elemental economic values, the book
illustrates how '?tetravaluation?' is being partially realized at
the level of the firm and the state. With vast differences in
institutional requirements across conventional liberal, nationalist
and socialist frameworks, Gale implores political economy to
abandon its monistic modernist legacy and embrace the pluralistic,
reflexive and interdisciplinary standpoint that sustainability
demands. With striking implications for existing political,
economic and cultural institutions, Gale offers a new perspective
on generating better policy outcomes for public policy
professionals and sustainability practitioners. This book is a
must-read for public policy theorists, political and ecological
economists, and environmental policy researchers, as Gale
challenges the conventional ideas linked to the functioning of
liberal democracy and explores the future of political economic
thought.
In the post-COVID-19 era, it is essential to adhere to an
international framework for sustainable development goals (SDGs),
which requires the management of the economic, social, and
environmental shocks and disasters. While many have suffered across
the world from the COVID-19 pandemic, these SDGs work to ensure
healthy lives and promote well-being for all ages, as well as
inclusive and sustainable economic growth. Frameworks for
Sustainable Development Goals to Manage Economic, Social, and
Environmental Shocks and Disasters provides an updated view of the
newest trends, novel practices, and latest tendencies concerning
the benefits, advantages, opportunities, and challenges of building
an internationally successful framework for SDGs. Covering topics
such as business longevity, green innovation, and vaccination
willingness, this premier reference source is an excellent resource
for government officials, business leaders and executives, human
resource managers, economists, sociologists, students and faculty
of higher education, librarians, researchers, and academicians.
In the backdrop of the Coronavirus having wreaked havoc on nations
across the world and adversely impacting economic growth of
countries, the government and monetary authorities,such as the
Reserve Bank of India, stepped forward with conventional as well as
unconventional stimulus measures. This was the time for the
Government and fellow Indians to reboot, redraw, and reinvent the
wheel of progress, and paint a new standing in the World Economic
Order. Thus, in light of the above-mentioned macroeconomic scenario
existing in India in June 2020, the authors decided to continuously
examine the important measures and policies announced by the
Government and evaluate its impact on the country. Part 1 of the
book traces the preceding trends in the economic growth of the
country during 2010-20, the initial impact of the virus on the
Indian economy, the macroeconomic perspectives, including the
required fiscal measures through the very first post-pandemic
budget, i.e., for 2021-22, and the country's progress on the path
to economic recovery in the first quarter of 2022. Part 2
critically analyses policy initiatives undertaken by the Government
for achieving an Atmanirbhar Bharat (self-reliant India),
short-term and long-term structural reforms, agricultural reforms,
the six pillars on which the union budget 2021-22 has been
formulated, and bold measures like the proposal for asset
monetization of PSUs and government's re-think on retrospective
taxes. Part 3 lays out a roadmap of policy suggestions which
warrant government focus and attention to make India into a
self-reliant nation. These initiatives can help in achieving the
dream of doubling farmers' income and making India into a global
manufacturing hub. This section also discusses the importance of
cooperative federalism and challenges before the government in
making India into a self-reliant nation, especially in terms of
administrative machinery and the judicial system.
This book addresses the possibilities of analyzing the modern
international through the thought of Michel Foucault. The broad
range of authors brought together in this volume question four of
the most self-evident characteristics of our contemporary
world-'international', 'neoliberal', 'biopolitical' and 'global'-
and thus fill significant gaps in both international and Foucault
studies. The chapters discuss what a Foucauldian perspective does
or does not offer for understanding international phenomena while
also questioning many appropriations of Foucault's work. This
transdisciplinary volume will serve as a reference for both
scholars and students of international relations, international
political sociology, international political economy, political
theory/philosophy and critical theory more generally.
This book conducts systematic theoretical research on the social
mechanism running system based on China's targeted poverty
alleviation model and poverty reduction experience. In light of the
theories of Parsons' structural functionalism, Luhmann's social
system theory, and Merton's structural functionalism, this book
puts forward the "coupling" theory of China's targeted poverty
alleviation strategy. From the theoretical level, the operation
process of poverty reduction policy is a complex social system. The
"coupling" theory of China's targeted poverty alleviation strategy
is mainly a theoretical innovation for the general expression of
China's targeted poverty alleviation model. In terms of the design
and running process of the targeted poverty alleviation strategy,
the multilevelness of antipoverty and the heterogeneity of poverty
objects reflect the complexity of poverty reduction, which displays
systematic complexity in the structural evolution and functional
differentiation of poverty reduction, as well as the evolution of
the subjective intention of poverty objects. Therefore, this book
conducts a "systematic" analysis of the implementation conditions
and operation process of targeted poverty alleviation from the
perspective of "coupling," presenting a social practice mechanism
in which multiple systems coordinate and interact with each other,
the poverty reduction system is continuously optimized, and policy
effectiveness is continuously improved in China's poverty reduction
practice.
In Progress and Poverty, economist Henry George scrutinizes the
connection between population growth and distribution of wealth in
the economy of the late nineteenth century. The initial portions of
the book are occupied with refuting the demographic theories of
Thomas Malthus, who asserted that the vast abundance of goods
generated by an economy's growth was spent on food. Consequently
the population rises, keeping living standards low, poverty
widespread, and starvation and disease common. Henry George had a
different attitude: that poverty could be solved and economic
progress preserved. To prove this, he draws upon decades of data
which show that the increase in land prices restrains the amount of
production on said land; business owners thus have less to pay
their workers, with the result being mass poverty especially within
cities.
Public understanding of, and outcry over, the dire state of the
climate and environment is greater than ever before. Parties across
the political spectrum claim to be climate leaders, and overt
denial is on the way out. Yet when it comes to slowing the course
of the climate and nature crises, despite a growing number of
pledges, policies and summits, little ever seems to change. Nature
is being destroyed at an unprecedented rate. We remain on course
for a catastrophic 3 DegreesC of warming. What's holding us back?
In this searing and insightful critique, Adrienne Buller examines
the fatal biases that have shaped the response of our governing
institutions to climate and environmental breakdown, and asks: are
the 'solutions' being proposed really solutions? Tracing the
intricate connections between financial power, economic injustice
and ecological crisis, she exposes the myopic economism and
market-centric thinking presently undermining a future where all
life can flourish. The book examines what is wrong with mainstream
climate and environmental governance, from carbon pricing and
offset markets to 'green growth', the commodification of nature and
the growing influence of the finance industry on environmental
policy. In doing so, it exposes the self-defeating logic of a
response to these challenges based on creating new opportunities
for profit, and a refusal to grapple with the inequalities and
injustices that have created them. Both honest and optimistic, The
Value of a Whale asks us - in the face of crisis - what we really
value. This book is relevant to United Nations Sustainable
Development Goal 11, Sustainable cities and communities -- .
Value and Crisis brings together selected essays written by Alfredo
Saad-Filho, one of the most prominent Marxist political economists
today. This book examines the labour theory of value from a rich
and innovative perspective, from which fresh insights and new
perspectives are derived, with applications for the nature of
neoliberalism, financialisation, inflation, monetary policy, and
the contradictions, limitations and crises of contemporary
capitalism.
Nutrition Economics: Principles and Policy Applications establishes
the core criteria for consideration as new policies and regulations
are developed, including application-based principles that ensure
practical, effective implementation of policy. From the economic
contribution of nutrition on quality of life, to the costs of
malnutrition on society from both an individual and governmental
level, this book guides the reader through the factors that can
determine the success or failure of a nutrition policy. Written by
an expert in policy development, and incorporating an encompassing
view of the factors that impact nutrition from an economic
standpoint (and their resulting effects), this book is unique in
its focus on guiding other professionals and those in advanced
stages of study to important considerations for correct policy
modeling and evaluation. As creating policy without a comprehensive
understanding of the relevant contributing factors that lead to
failure is not an option, this book provides a timely reference.
This ambitious work provides a history and critique of
neoliberalism, both as a body of ideas and as a political practice.
It is an original and compelling contribution to the neoliberalism
debate. The Neoliberal Paradox challenges the standard
interpretations of neoliberalism that focus on limited government
and free markets. Instead, Ray Kiely reveals the ways in which the
neoliberal project is reliant on state power. The history and
application of neoliberalism is discussed from the Austrian and
ordo-liberal schools in the 1930s and the Chicago School after
1945, through to developments such as the New Right and the third
way, before finally considering the impacts of the financial crisis
of 2008, the rise of Trump and Brexit. By exploring the full
breadth of neoliberal theory and practice, in addition to the
arguments of key thinkers, Kiely explores how neoliberalism has
renewed itself in times of crises and turns his gaze towards the
future. This book will provide a stimulating read for academics and
advanced students in the fields of politics, human geography and
sociology, in addition to those working in the public sector.
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