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Books > Business & Economics > Economics > Political economy
Large-scale socio-economic, political and structural changes characterize contemporary agriculture and food today. This Handbook provides an essential overview to help readers understand the future evolution of agri-food through an analysis of the economy in key regions around the world. Along with chapters that investigate agri-food in North America, Europe, Latin America, Asia and Oceania, the book includes contributions that cover topics such as labor, science and technology, the financialization of agri-food, and supermarkets. This Handbook will be required reading for researchers, scholars and students in the social sciences looking to learn more about agriculture and food. Policy makers and industry leaders interested in agri-food will also find this to be an insightful read. Contributors: G. Aboites, C. Bain, J.S. Barbosa Cavalcanti, M.Belo Moreira, B. Bock, A. Bonanno, B. Brandl, L. Busch, I. Cucco, T. Dandachi, M. del Rosario Castro Bernardini, J. Dixon, M. Etxezarreta, M. Fairbairn, M. Fonte, L. Glenna, L. Horlings, K. Jones, E.E. Krone, G. Lawrence, F. Martinez, M. Miele, G. Otero, A. Patel-Campillo, G. Pechlaner, E. Ransom, J. Rosell, C. Sachs, K. Sekine, L. Viladomiu
This book critically explores past and present principles of central banking, and outlines a new framework for future stabilization policy. Through compact and concise chapters, it demonstrates why a constant long-term interest rate would be the most beneficial target for monetary policy to follow. A novel set of policy tools and institutional arrangements suitable to reliably meet this target are developed. It is argued that the proposed framework would be clearly superior to conventional policies in preventing financial market crises, maintaining high employment, and keeping the economy at or near potential. The merits and shortcomings of alternative theories such as Modern Monetary Theory are also discussed. This book will be relevant to researchers and policymakers as well as professional investors, analysts, and commentators of financial markets and the economy at large.
As economic populism and protectionism increasingly threatens the global trade order, this book examines the behavior of World Trade Organization (WTO) members at the judicial arm of the WTO-the dispute settlement mechanism (DSM). The author explores why and when governments cooperate at the WTO and comply with the ruling of its panels, focusing on how the growth of global value chains through the internationalization of trade and production has increased the importance of both trade liberalization and supra-national governance and policy-making. Finding that domestic organized interests-i.e. firms and sectors-mobilize and lobby national governments to change their domestic policies to better harmonize with their international trade commitments, the author outlines how the time it takes to comply with adverse WTO rulings is shorter when the potential domestic costs of non-compliance outweigh protectionist interests. The author's innovative research design highlights the conditions under which the WTO can preserve the rules of international trade and support a more open, global economy.
The study of dynamics of institutional change in emerging markets are subjects of great interest in contemporary political economy. The dynamics and quality of institutional change can have significant impacts on the long-run performance of economies, economic growth and development of nations, and play a fundamental role in societies. It provides a comprehensive understanding of legal-economic institutions, and sheds light on the way to global peace by producing a better understanding of the dynamics of historical change. Topics range from institutional uncertainty, hybrid market order and labor market institutions, to good governance of institutions and WTO rules as trade institutions, as well as entrepreneurship and institutional change in emerging markets, and the role of modern technologies. This edited volume emphasizes legal-economic institutions, and the role of management and entrepreneurship on dynamics, trends, and implications of institutional change in emerging markets. Presenting research articles by eminent scholars and experts engaged in education and research, who address and discuss the most recent issues in the field, they reveal new insights into the dynamics of institutional change for researchers interested in development of new theories and comparative studies, especially in the era of emerging markets. The book is appealing to a wide range of global audience, can serve as a useful reference work in education and research, offers innovative and productive discussions, and can satisfy scholarly and intellectual interests, regarding institutional development and a broad spectrum of its interactions with functioning of markets and economies.
Seaport Container Terminals (SCT) operate as central nodes in worldwide hub-and-spoke networks, and link ocean-going vessels with smaller feeder vessels, as well as with inbound and outbound hinterland transportation systems using road, rail, or inland waterways. The volume of transcontinental container flows has gained enormously over the last five decades frequently leading to double-digit annual growth rates for the SCT. The 2nd edition of the Handbook of Terminal Planning also deals with problems being induced by questions of terminal development on a long-term basis (strategic level). Facing present and upcoming challenges for SCT operation-such as more and more mega vessels, extremely high hinterland peaks, higher environmental standards, less public acceptance and the stronger competition between terminals serving the same hinterland-the focus of the book is on successful approaches and solutions primarily addressing the planning of terminal structures. Nevertheless, operational aspects are considered, as well as how they effectively contribute to problem solving on the strategic level.
This book provides a new understanding of the eurozone crisis across three of the worst hit cases: Greece, Portugal, and Ireland. In contrast to accounts which stress the 'immaturity' of the European 'periphery', as well as more critical narratives that understand these countries as victims of German and core 'economic domination', this book recognises that individual peripheral countries have followed dramatically different paths to crisis, making it difficult to speak of the eurozone crisis as a single phenomenon. Bringing literature from Comparative Political Economy into dialogue with scholarship on Europeanisation, this book contributes the concept of 'divergence via Europeanisation'. It explores the much-overlooked ways in which the negotiation of a 'one size fits all' project of European financial integration has been generative of precarious patterns of economic growth across Greece, Portugal, and Ireland. The book shows that far from their failure or inability to do so, it has been the European periphery's attempt to 'follow the rules' of European integration that explains their current difficulties. This novel understanding of the eurozone crisis should appeal to students and scholars in International Political Economy, European and European Union Studies, Comparative Political Economy, Irish Politics, Greek Politics, and Portuguese Politics.
This unique book provides a platform for resilience research, combining knowledge from various domains, such as genetics, primatology, archeology, geography, physical anthropology, cultural anthropology, medicine, ecology, psychology, risk management and systems science, in order to examine specific concepts. The term "resilience" was originally used in psychology, but in current-day usage, it mainly refers to the "ability to recover from disaster"; however, the concept of resilience is still ambiguous. This book challenges readers to reconsider the concept of resilience comprehensively from diverse perspectives and to re-conceptualize it as an important framework applicable in various research fields. The book explores resilience by expanding the time and space scales to the maximum. On the time axis, it traces back to our human ancestors (and even to anthropoid apes) and follows the evolution of humans, the origin of agriculture, the rise and fall of ancient civilizations, and the present day. On the space axis, it discusses levels ranging from genetic; bacterial flora; individual, indigenous communities; and modern societies; to the global level. As such it expands the base for considering the problems facing modern society and selecting a future direction. In the long history of evolution, we Homo sapiens have faced, and overcome, various kinds of risks. By acquiring resilience, we have surpassed other animals and become apparent rulers of the earth; but, at the same time, we are also facing more serious risks than ever before. This book provides insights into addressing the challenges of a sustainable future.
A fascinating expose explaining why the government we have bears so little relation to the government we want-and why the recent expansion of government programs will only exacerbate the problem. Idealized views of government lead to bitterly unhappy citizens posits The Myth of Fair and Efficient Government: Why the Government You Want Is Not the One You Get. In fact, Michael L. Marlow says, government is the last place to look for efficiency. It is, rather, private markets that naturally drive toward efficient outcomes and it is unreasonable to expect governments to mimic those effects. This idea will startle many readers, especially given the widespread belief that private markets caused the current economic problems. The author's intention is to awaken readers to the invalidity of that assumption, to make us "pause before calling upon the government to somehow be efficient and fair in responding to the supposed collapse of private markets." To that end, this book demonstrates why romantic views of government promote a less efficient economy; why so many government programs are inefficient in practice; and why a more limited role for government is critical to reviving trust in our institutions.
Es una obra magistral como complemento al libro Productividad, aqui el autor detalla con un lenguaje sencillo la importancia que tiene conocer el metodo de la productividad para la superacion personal y el desarrollo organizacional; expone que existe una incongruencia entre el conocimiento y la conducta egoista del poder, al comparar los adelantos tecnologicos con la pobreza y desigualdad que hay en el subdesarrollo, y que la principal causa de este problema es por utilizar informacion falsa o maquillada, en lo social, en lo politico y en lo economico; porque es inutil o esteril, plagada de mentiras y enganos hacia los mas necesitados, como resultado de la ausencia de valores humanos, por falta de etica y de moral de forma generalizada. Lo que presenta es conocimiento de dominio publico o universal, el que se ha destilado y refinado a traves de los tiempos, con un enfoque de vida, en particular de la humana; esto indica que no existe ninguna excepcion, el libro esta dirigido a todos los que poblamos este maravilloso mundo para disfrutarlo; donde el dinero es el unico elemento comun que utilizamos directa o indirectamente, dia a dia, los cerca de siete mil millones de personas que actualmente habitamos el planeta; es usado desde el polo norte hasta el polo sur y de oriente a occidente. Bajo ese entendimiento, recomienda conocer la esencia y el significado del dinero para crear la riqueza, saber de donde surge o nace, y al conocer su origen entender su acceso; porque este es abundante y escaso dependiendo del interes en obtenerlo. Analiza que el conocimiento esta estrechamente vinculado al dinero y a la eficiencia y a la productividad, para desarrollar los diversos campos de la economia, de la politica y la sociedad civil. El metodo de la eficiencia-productiva, es un conocimiento de aplicacion universal, es el buen manejo del dinero para tener rentabilidad en toda la extension del concepto.
This book discusses the case for socialism and the models of socialist planning. Through examining different countries, each chapter examines the successes and failures of contrasting socialist policies. The theories and techniques of socialist planning are discussed in relation to the Soviet Union and India, with additional attention given to Great Britain, Scandinavia, and the former Yugoslavia. Imperialism and Capitalism, Volume 2: Normative Perspectives aims to explore the alternatives to capitalism within different sectors and situations. The book is relevant to those interested in economics, development studies, international relations, and global politics.
The essays contained herein span over a decade and reflect David Prychitko's thinking about the role of the market system, and its relation to planning and democratic processes. The collection consists of previously published and unpublished articles written not only for economists but also for an interdisciplinary audience. Prychitko extends the Austrian School's criticism of central planning to include the decentralized, self-managed and democratic models of socialism - those that were supposed to distinguish Yugoslav-style socialism from Soviet socialism. He critically evaluates the socialist and market-socialist proposals of contemporary advocates including Michael Albert and Robin Hahnel, Ted Burczak, Branko Horvat, and Joseph Stiglitz. A younger Austrian economist, Prychitko has also emerged as an internal critic within that tradition. He questions the Austrian School's claims that the unhampered market maximizes social welfare, that any actions of the state necessarily reduce welfare, and that anarcho-capitalism is viable and desirable. At the same time, he carefully discusses the viability of worker-managed enterprise from a market-process perspective, and offers a qualified defense. Scholars, particularly those with an interest in Austrian economic thought, comparative political economy and free market libertarianism will find this collection a valuable resource.
This book first presents an overview of the history of a national character survey by the Institute of Statistical Mathematics that has been conducted for more than 65 years. The Japanese National Character Survey, launched in 1953, is a rare longitudinal survey in the world of survey research based on rigorous statistical sampling theory, motivating other countries to launch similar longitudinal surveys, including the General Social Survey (GSS), the Allgemeine Bevoelkerungsumfrage der Sozialwissenschaften (ALLBUS, German General Social Survey (GGSS)), Eurobarometer, and others. Since the early 1970s, the Japanese survey has been extended as a cross-national survey for more advanced research of the Japanese national character in a comparative context. Second, the book explains the paradigm of cross-national studies called the Cultural Manifold Analysis (CULMAN), developed in the longitudinal and cross-national surveys, with practical examples of analysis. This explanation will help helps a wide range of readers to better understand the cross-national comparative surveys of attitudes, opinion, and social values as basic information for evidence-based policymaking and research.
This important book offers a comprehensive defence of classical liberalism against contemporary challenges. It sets out an analytical framework of 'robust political economy' that explores the economic and political problems that arise from the phenomena of imperfect knowledge and imperfect incentives. Using this framework, the book defends the classical liberal focus on markets and the minimal state from the critiques presented by 'market failure' economics and communitarian and egalitarian variants of political theory. Mark Pennington expertly applies the lessons learned from responding to these challenges in the context of contemporary discussions surrounding the welfare state, international development, and environmental protection. Written in an accessible style, this authoritative book would be useful for both undergraduate and graduate students of political economy and public policy as a standard reference work for classical liberal analysis and a defence of its normative prescriptions. The book's distinctive approach will ensure that academic practitioners of economics and political science, political theory and public policy will also find its controversial conclusions insightful. Contents: 1. Introduction: Classical Liberalism and Robust Political Economy; Part I: Challenges to Classical Liberalism; 2. Market Failures 'Old' and 'New': The Challenge of Neo-Classical Economics; 3. Exit, Voice and Communicative Rationality: The Challenge of Communitarianism I; 4. Exit, Trust and Social Capital: The Challenge of Communitarianism II; 5. Equality and Social Justice: The Challenge of Egalitarianism; Part II: Towards the Minimal State; 6. Poverty Relief and Public Services: Welfare State or Minimal State?; 7. Institutions and International Development: Global Governance or the Minimal State?; 8. Environmental Protection: Green Leviathan or the Minimal State?; 9. Conclusion; Bibliography; Index
Korea has been at the centre of intense debate concerning the role of government in economic development. Taking an in-depth approach, this book analyses the path of Korea's industrial technology development. In contrast to many previous studies on Korea, the author argues that the role of foreign multinational enterprises has been significant while the government's was surprisingly limited in scope. The author addresses three main questions: * How was Korea able to develop so effectively despite the low inflow of foreign technologies and capital? * What is the role of multinational enterprises in 'teaching' technology to the firms from developing countries? * What has been the influence of public policy on Korea's technology development? The author demonstrates that the key to the Korean electronics industry's spectacular growth has been through its participation in and learning from an inter-firm arrangement called 'original equipment manufacturing' (OEM) arrangement, and a number of firm-level case studies support this argument. This book will be of special interest to scholars of industrial and development economics, innovation and Asian studies. It will also be of use to policymakers responsible for industrial policy development.
In this fully revised second edition of a well-regarded and popular text, Patrick McNutt presents more ideas and challenges to all those interested in political economy and public choice. The author evaluates a range of public choice concepts including rent-seeking, voting and voter behaviour, and the growth of government and bureaucracy. New material in this second edition includes: * the introduction of a moral choice set and a new methodology for the treatment of the concept of fairness * a positive theory of rent-seeking with empirical estimates * the issue of legal barriers to entry and related themes; in particular how a legal barrier can affect consumer welfare * a critical evaluation of the exchange and allocation of economic power and income inequality in developing countries * an overview of the global political economy which identifies the contribution of public choice.
Public administration is under increasing pressure to become more efficient, better geared to the demands and opinions of citizens, more open to contacts with transnational bureaucracies, and more responsive to the ideas of elected policymakers. Bureaucracy in the Modern State offers a comparative analysis of how these challenges affect public administration in France, the United States, Germany, Japan, Britain, Sweden and the developing countries of the Third World. Specialist chapters written by acknowledged experts on the public policy of each country are brought together in a comparative framework in order to assess the impact of recent changes on the relationship between policy makers and the civil service, and the organizational challenges presented by the introduction of market-based ideology. Assessing public administration from a state-society perspective, the authors focus on four basic factors which they believe determine the role of the bureaucracy in modern societies: the configuration of the state, the relationship between policymakers and the bureaucracy, the internal organizational dynamics of the bureaucracy, and the relationship between the public bureaucracy and civil society. A special analysis of the relationship between domestic and transnational bureaucracies is also included, with particular reference made to the European Union. Addressing one of the key public policy issues of our time, this book will be widely used by teachers, students and researchers who will welcome the combination of in-depth studies of selected countries, from capitalist democracies to developing countries, with an authoritative comparative analysis held together by a distinct theoretical framework.
Thirty years after the collapse of Communism, and at a time of increasing anti-migrant and anti-Roma sentiment, this book analyses how Roma identity is expressed in contemporary Europe. From backgrounds ranging from political theory, postcolonial, cultural and gender studies to art history, feminist critique and anthropology, the contributors reflect on the extent to which a politics of identity regarding historically disadvantaged, racialized minorities such as the Roma can still be legitimately articulated.
Taking account of modern digital era, the emergence of Internet has brought a new scenario of ecology in project management (PM), its methodology, platform, procedures and tools are subjected to subversive changes. So a monograph of Project Management Under Internet Era is urgently needed for renewing concepts in our PM community. The concept of how PM is implemented on the virtual platform through Internet, which is widely used in PM community based on knowledge economy; meanwhile, it is different from former industrial economy with solid assets as its resources and run the project on a real physical manner. Beside the traditional PM, this book presents how shall we accommodate to conventional PM and also accommodate to Internet environment, it also discusses program management and portfolio management under Internet as well as the challenges of PM in the future. From strategic point of view, talent cultivation is extremely critical to PM development,we need to cultivate our talents accommodating to the digital era and on the "Internet +" platform. This is the impetus and the reason of why this monograph is initiated, which can be used as the textbook for graduate and undergraduate students in related majors, also a reference book to the practitioners, who are working on PM under Internet digital era.
This book propounds the thesis that it was the dysfunction of globalization and liberalism that prompted the rise of nationalism and populism. Recent developments in global affairs are challenging assumptions and the basis upon which international relations, as a broad field of specialization, and foreign policy analysis, as a sub-field, rests. In a world that is changing in fundamental and irreversible ways, this book intervenes to enable an improved sense of understanding of these developments and what they mean for people-people, state-state, continent-continent, and global relations, moving forward. The author shows anti-globalization and the growth of nationalism and populism have been particularly necessitated by the failures of liberalism and America's abdication from the world. With reference to Brexit, the pandemic, the US 2020 elections and consequent shifts in power, with a focus on their respective impacts on Africa, and Africa-Sino relations particularly, and developing countries, more broadly, this book situates these discussions within a global context. It effectively illustrates the insufficiency of the West's soft power, especially as it is foisted or supposedly imposed on the rest of the world without regard to the demands of cultural relativity. Relevant to postgraduate students, researchers, and policymakers, this is must-read within the fields of international relations and political economy.
This book argues that capitalism has practically failed to deliver the long-desired economic transformation and inclusive development in postcolonial Africa. The principal factor that accounts for this failure is the prolific non-productive forms of capitalism that tend to be dominant in the African continent and their governance dimensions. The research explores how and why capitalism has failed in the African context and the feasibility of turning it around. The book meets the demands of diverse audiences in the fields of International Political Economy, Development Economics, Political Science, and African Studies. The author adopts an unconventional narrativist approach that makes the book amenable to general readership.
Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences and law, expertly written by the world's leading scholars. This Advanced Introduction presents a focused narrative about political decision-making based on the work that has defined public choice as a discipline. Randall G. Holcombe emphasizes the theoretical foundations of Public Choice, examining the way that voter preferences are aggregated through democratic decision-making, the way that political exchange leads to the production of public policy, and the way that the constitutional framework within which political activity takes place is designed. He provides a concise discussion of the main models of Public Choice in an engaging manner, giving readers a foundation for understanding the theoretical and empirical work in the field. Each chapter ends with a Notes section that discusses the research on which the chapter is based, with an emphasis on the pioneering work that has shaped the development of Public Choice. Undergraduate and graduate level students in economics, political science and public administration will find this introduction an essential resource for understanding political decision making. Instructors in those fields will find this book a useful and affordable text and an indispensable resource for teaching Public Choice.
This book presents a cutting-edge analysis of the economic effects and challenges of Russia's invasion of Ukraine, with a special focus on EU sanctions on Russian energy and Ukraine's political relationship with the European Union in a global context. Welfens outlines key macroeconomic perspectives on the ongoing conflict between Russia and Ukraine, highlighting in particular how sanctions posed by the international community will have a wider economic impact than what has so far been envisaged. The book discusses the effects of Russian gas supply boycotts against Western countries as well as global effects of an EU energy import boycott on Russia, especially for China and the Asian continent. An innovative proposal to cut electricity prices is presented. It also explores the challenges to relations between the EU, China and Russia caused by the invasion, the effects of the unfolding refugee crisis (within a post-Brexit EU), military and humanitarian aid pledges to Ukraine, and the risks of reduced multilateralism within the world economy as a direct result of the war. The book also analyses the risks and benefits of potential enlargement of the EU to integrate Ukraine as a member state. The topics covered by the book are all set within a long-run view of diplomatic and economic relations between the West, Russia and Ukraine. The factors analysed here provide a new, broader picture of the international effects of the conflict, as well as its potential implications for policy design as we enter a new global order marked by the Russo-Ukrainian war. The book will be of interest to researchers and policy-makers working in international economics, new political economy, European politics and integration, and macroeconomics more broadly.
This book not only discusses how to further deepen the oil cooperation relations between China and the Gulf Council Countries in the context of "the Belt and Road Initiative", but also investigates how to ensure the security of the entire oil supply chain including oil supply, oil transportation channels, oil demand, and petroleum reserves in China. Further, it examines a novel, win-win oil cooperation between China and the GCC countries, known as joint oil stockpiling. The results presented offer guidance for similar energy cooperation between China and other energy producing countries and also provide a new perspective on how to improve the research on and understanding of China's energy security issues and multi-lateral energy cooperation issues, making the book of particular interest to engineers and scientists in the field of energy, international relations, and oil stockpiling enterprises. |
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