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Books > Business & Economics > Economics > Political economy
Lewis and Able examine the economic relationship between Latin America and the 'advanced' countries since their independence from Spanish and Portuguese rule. They reinterpret the significance of Latin America's external connections through juxtaposing Latin America and the British scholars from different ideological and intellectual backgrounds. This work is of considerable importance in promoting comparative work in development studies of Latin America and the Third World.
In 1997 the British state relinquished control of Hong Kong. From that point an established prosperous community was faced with reordering its sense of itself and its links with the wider world around the authority of Beijing. This book traces the political relationship between Hong Kong and China, and sketches a number of possible future scenarios ranging from successful mutual understanding, through to breakdown and the imposition of rule from Beijing.Having lived and worked in East Asia, Peter Preston brings a sympathetic outsiders eye to the problems of Hong Kong and Beijing relations. He pursues four main issues including the manner of embedding a new political settlement, the business of governing the territory, the issue of democracy, and the likely future of the extant form of life. Students and scholars specialising in comparative politics, and international relations of East Asia will find this book to be of interest. It will also be of use to those addressing political conflict in that part of the world.
The corporate governance systems of continental Europe have
traditionally been quite different to those of the liberal market
economies (e.g. the US and the UK). Company ownership has been
dominated by incumbent blockholders, with a relatively minor role
for minority shareholders and institutional investors. Business
strategy has focused on the achievement of social stability--taking
into account the interests of a broad group stakeholders--rather
than the maximisation of shareholder value.
Modern Colonization by Medical Intervention adds to our understanding of the political and economic transformations establishing colonial modernity in Puerto Rico. By focusing on influential physicians' clinical work and their access to a remote and inaccessible rural population, this volume details how rural areas suffered the ravages of social dislocation, unemployment and hunger. The colonial administration's hookworm campaign involved many Puerto Rican physicians in complex struggles with other elites, rural peasants and U.S. colonial administrators for political legitimacy. Puerto Rican physicians did not gain the professional autonomy their counterparts in the United States enjoyed. Instead, they became centrally implicated in the struggle between labor and capital enforcing the island's subordination to a colonial modernity and the development of capitalism on the island.
This book examines the political economy of the states of Pacific Asia, stretching from Japan to Burma since the end of WWII. "Governance in Pacific Asia" offers a comprehensive account of the diverse experiences of the states in Pacific Asia. Organized thematically around government and business relations in the main sectors of the economy, chapters cover the historical, social, and cultural contexts for such policies as well as the social and political consequences of rapid economic development. They also discuss the increasing economic integration of the region as well as its impact on global affairs and the reverse effect of globalization upon particular political systems. Each chapter contains case studies and examples from anywhere in the region, with some countries appearing more regularly, such as China, Japan, newly industrialized economies, Thailand, the Philippines, Malaysia, Indonesia and Vietnam. "Governance in Pacific Asia" provides an in-depth comparative survey of a key region in world politics and political economy. An essential text that includes sources from the region in at least three languages (Chinese, Japanese, and Indonesian/Malay), it will be of interest to students and faculty in international relations, developmental politics, Asian politics, and political economy.
Why has industrial output fallen in Eastern Europe and is further decline inevitable? What lessons can be learned from the stablilization programmes of the first two years of the post-communist era? Should the transitional economies privatize quickly and where do they find the missing institutions essential to the proper working of capitalism? In seeking answers to these and other questions, The Political Economy of the Transition Process in Eastern Europe analyses the difficulties faced by nations attempting to move from a planned to a market economy with special emphasis on issues of macroeconomic stabilization and institutional change. Highlighting the problems confronting countries as diverse as Hungary and Kazakhstan or Bulgaria and Estonia, the contributors to this volume address issues such as how to improve the performance of both commodity and factor markets, how farming should be de-collectivized, what will soften the impact on former member republics of the dissolution of the USSR, and whether infant or senile industries should be protected during the transition process? This volume includes special studies on Bulgaria, Croatia, Estonia, Hungary and Kazakhstan, as well as an analysis of what is happening with state-owned enterprises while they are waiting for privatization and how the acquisition of such companies by foreign investors impacts on competition. By stressing the importance of pre-existing conditions and rejecting any notion of a universally valid policy prescription, the authors recognize the urgent need to identify those losses in output which are avoidable, and those which are not. Providing an analytical framework for future research, as well as a wealth of valuable data, The Political Economy of the Transition Process in Eastern Europe will be welcomed by students, researchers and policymakers concerned with the creation of a new agenda for the transitional economies.
The Politics of British Feminism traces the history of the womens movement from the achievement of suffrage in 1918 to the revival of feminism in the late 1960s. Offering new insights into a neglected period of womens history, Olive Banks seeks to place the womens movement in its wider context while exploring the nature of anti-feminism, as well as feminism, over half a century of turbulent history. Centring on the campaigns fought by different sections of the women's movement between 1918 and 1970, the book examines in turn autonomous feminist groups, women in the labour movement, and female MPs. The co-operation and conflict between these three groups is explored in detail. The second part examines the campaigns these groups fought, including attempts to secure equal pay, and analyses the reasons for their successes and failures. The unwillingness of the main political parties to sympathize with the goals of the women's movement is carefully assessed. Providing an authoritative overview of a previously neglected period, The Politics of British Feminism, 1918-1970 will be welcomed by students and teachers of women's history, as well as interested historians, sociologists and political scientists.
This book examines the political costs of monetary union in Europe. It does so by gauging the degree to which four small European states - Iceland, Latvia, Hungary and Ireland - employed their monetary policies in response to the financial crisis. Contrary to popular and academic perception, Moses finds that small states in Europe still enjoy monetary policy autonomy, and this autonomy was used to prioritise the needs of domestic constituents over those of international markets. Eurozone member states, by contrast, pursued policies that prioritised the (long-term) needs of international lenders and European institutions, at the (short-term) expense of their own constituents. By illustrating the degree to which monetary policy autonomy still plays an effective role in responding to economic shocks, this book documents the substantial sacrifices that states have made in joining a suboptimum currency area. These are the political costs of monetary union in Europe.
This book explores the hypothesis of the emergence of a 'dependent capitalism' in Central and Eastern Europe. In a first theoretical part, this book presents the main approaches that structure the field of comparative capitalism and then examines this model shaped by the inflow of foreign capital. In an original way, it proposes to integrate the form of the monetary regime into the dependent capitalism analysis and to extend it to Balkan countries. The monetary regime is seen as complementary to the other elements of the institutional configuration of dependent capitalism. In the second part, the authors adopt a historical and empirical perspective. First, they demonstrate how dependent capitalism has emerged in Central and Eastern Europe and the Baltic States over the last 30 years as part of the process of socio-economic transformation that began in 1990. The crisis of 2008 was an indicator of this dependence on Western capital. Secondly, they extend the analysis to the Balkan countries and show that dependence is even stronger for them, particularly in the monetary area, as evidenced by the implementation of currency boards or euroization phenomena.This book is of interest to academics and students, as well as to business and economic policy makers.
This book focuses on the implementation of the China-Pakistan Economic Corridor (CPEC), a multi-billion-dollar infrastructure development project intended to connect Asia with Europe, the Middle East and Africa. By introducing a new analytical approach to the study of economic corridors, it gauges the anticipated economic and geopolitical impacts on the region and discusses whether the CPEC will serve as a pioneer project for future regional cooperation between and integration of sub-national regions such as Balochistan, Khyber Pakhtunkhwa, the Federally Administered Tribal Areas, and Gilgit-Baltistan. Further, it explores the interests, expectations and policy approaches of both Chinese and Pakistani local and central governments with regard to the CPEC's implementation. Given its scope, the book will appeal to regional and spatial sciences scholars, as well as social scientists interested in the regional impacts of economic corridors. It also offers valuable information for policymakers in countries participating in the Belt-and-Road Initiative or other Chinese-supported development projects.
When war broke out in Europe in 1914, nearly every combatant foresaw a short decisive conflict. Experience would soon prove, however, that this belief was sorely misplaced. Eventually, excessive economic dislocations would topple every authoritarian regime. Only the intervention of the United States would save the British and the French from collapse. This book traces the trilateral struggle between the Entente, the Central Powers, and the United States to determine the outcome of the war. Stubbs focuses on a few essential factors vital to understanding this three-way race: the acquisition of war materiel, food, human resources, and the movement of each. In an analysis of coalition strategies, it is not enough to study the memoirs and memoranda of General Staffs or political figures engaged in war. One must also examine the roles played by each population, their industries, economy, means of transportation, and the financial decisions that make such strategies possible. In short, the material foundations of war set the boundaries within which strategic maneuvers occur. Ultimately, the United States determined the outcome of the First World War, not simply because it provided the last untapped reservoir of manpower, but due to its overall economic contributions to the allied effort.
How does the politics of working life shape modern organizations? Is our desire for meaningful, secure work increasingly at odds with corporate behaviour in a globalized economy? Does the rise of performance management culture represent an intensification of work, or create opportunities for the freewheeling individual career? This timely and engaging book, by leading authorities in the field, adopts the standpoint of the 'questioning observer'. It is for those who need an informed account of work that is accessible without being superficial. The book is unique in its multi-dimensional approach, weaving together analysis of individual work experience, political processes in organizations, and the wider context of the social structuring of markets. The book identifies central questions about working experience and answers them in a direct and lively manner. It has a strong analytical foundation based on a political economy framework, giving particular weight to the contradictory character of organizations. These contradictions turn on the competing demands placed on organizations and the different political projects of groups within them. This perspective integrates the chapters, and permits numerous scholarly debates to be addressed - including those on identity projects, gender and work, power and participation, escalation in decision-making, and the meaning of corporate social responsibility. This book is suitable for undergraduate and graduate classes in Organizational Behaviour, Business Strategy and the Sociology of Work and Employment. It will also appeal to the general reader interested in grappling with the complexity of the changing environment of work.
This book focuses on the Indonesian Financial Service Authority (FSA), which is a newly established authority within Indonesian financial services institutions that has emerged as the ultimate decision-maker for portfolio investment liberalization. In doing so, the book elaborates on how the emergence of the Indonesian FSA has resulted in implementation gaps in Indonesia, in the area of portfolio investment liberalization. The book reveals that the endowment of an 'independent and free' status, as well as the FSA's power over the Indonesian financial sector, has allowed agents in the FSA to provide different positions or responses to the already agreed ASEAN financial liberalization initiatives. Contrary to the expectations of most writers that the independent status of an institution would advance financial liberalization, this book shows that the 'independent and free' status of the Indonesian FSA has actually stymied financial liberalization. To achieve this, the book employs a modified account of the historical institutionalism approach, or 'the agents-in-context' approach, examining how and why the Indonesian FSA has emerged as an independent authority. The insights drawn from applying a modified historical institutionalism approach to the case study of Indonesian portfolio investment liberalization critiques and complements existing works in the regionalism literature in general, and ASEAN financial integration particularly.
The rapid growth and capability of artificial intelligence, digital twin, and the internet of things are unlocking incredible opportunities to overcome some of the greatest environmental and social impact challenges currently facing the global community, such as feeding a growing population, safety, affordable housing, and environmental sustainability. Applications of Artificial Intelligence, Digital Twin, and Internet of Things for Sustainable Development provides an interdisciplinary platform encompassing research on the potential opportunities and risks of reaching sustainable development using artificial intelligence, digital twin, and the internet of things. Covering key topics such as big data, environmental protection, and smart cities, this reference work is ideal for computer scientists, industry professionals, researchers, scholars, academicians, librarians, policymakers, practitioners, educators, and students.
This book demonstrates how economics is used in cases of competition in Japan. Competition between firms is usually the most effective way of allocating economic resources and achieving consumer and producer welfare. At the same time, a balance must be struck; firms must not be over-regulated, but neither must they be completely free to create a monopoly or oligopoly. Therefore, the role of competition policy is to maintain a balance by using the collaborative economics of industrial organization. The book uses economic analysis to evaluate case studies on Japanese anti-monopoly law, the Act Concerning Prohibition of Private Monopolization and Maintenance of Fair Trade (AMA), and enforcement in e.g. cartel cases, private monopolization cases, and merger cases. The Japan Fair Trade Commission implements a competition policy, primarily through the enforcement of the AMA, which promotes ingenuity and innovation in business by guaranteeing and enhancing fair and free competition, thereby ensuring economic vitality and consumer benefit. This book is the first authoritative and compact work on competition policy in Japan, which has a more-than-70-year history and is based on solid legal principles. In addition, the book seeks to promote law enforcement based on economic analysis, and includes studies describing the enforcement mechanisms used. It provides comprehensive yet concise information on the structure of the AMA, recent cases, and economic analysis. It also explains the circumstances regarding recent cases and analyzes how the economic policy has been applied to actual cases.
Understanding the intricacies of today s political issues can be a challenging task. It is difficult to know which information to believe and which to discard. In F.R.E.E.D.O.M., author James Liberty presents a collection of essay s that delve into the aspects of the seven most important political issues facing Americans today. Liberty explores these topics and provides the information needed to make educated decisions to maintain your freedom. F.R.E.E.D.O.M. addresses seven vital areas in which your freedoms are being stripped from you every day: Fighting terrorists Reforming healthcare Economy Energy Discovering the truth about climate change Obtaining better education for our children Misleading media In addition, F.R.E.E.D.O.M. spells out the key differences between liberals and conservatives. It helps you understand the ins and outs of the political issues so you can chose a side based on reasoning and facts rather than on talking points and misinformation.
Considering Class: Theory, Culture and Media in the 21st Century offers the reader international and interdisciplinary perspectives on the importance of class analysis in the 21st century. Political economists, sociologists, educationalists, ethnographers, cultural and media analysts combine to provide a multi-dimensional account of current class dynamics. The crisis consists precisely in the gap between the objective reality and efficacy of class forces shaping international politics and the relative paucity of class-consciousness at a popular level and appreciation of class as an explanatory optic at a theoretical level. This important book shows why the process of reconstructing class consciousness must also take place on the ground of cultural and subjective formation where everyday values, habits and media practices are in play. Contributors are: Anita Biressi, Joseph Choonara, Maurizio Donato, Danny Dorling, Mark Gibson, Craig Haslop, Dave Hill, Peter Jakobsson, Marina Kabat, Holly Lewis, Catherine Lumby, Lisa Mckenzie, Tony Moore, Adrian Murray, Deirdre O'Neill, Jonathan Pratschke, Michael Seltzer, Eduardo Sartelli, Fredrik Stiernstedt, Roberto Taddeo, Mike Wayne, Milly Williamson, Ferruh Yilmaz.
The policy framework advocated by Minford et al. . . . is grounded in economic theory and an incisive empirical analysis of the costs of UK's membership of the EU. Their thesis that the EU is a political union practising economic protectionism in the guise of gradualism towards free trade makes sense. . . . Minford and his associates' analysis suggests that the EU's policy framework of free trade for members but restrictions on trade of non-members with the EU countries is a second best policy adopted to promote political rather than economic objectives.' - V.N. Balasubramanyam, Lancaster University, UK'The EU got the Nobel Prize for Peace in 2012, but such an award is not forthcoming for economics. In fact, the EU faces a stern public discontent throughout Europe. For years EU leaders have been unable to agree on almost anything. The eurozone's toxic monetary embrace is a colossal failure that has provoked misery in most of the participating countries and, worst of all, suffocated the hopes of prosperity for many years to come. The EU is no longer a venture that inspires people to run on barricades to defend it. Should Britain be a part of the crumbling EU project? This book provides a timely and documented answer. It is highly recommended reading.' - Miroslav N. Jovanovi , University of Geneva, Switzerland 'Much too much of the debate about the UK's relationship with the European Union relies upon general declarations unsupported by facts and assertions and claims not substantiated by evidence. This is why we need so badly the careful quantitative analysis provided by Patrick Minford and his colleagues. The UK electorate will have a momentous decision to take when the EU referendum takes place. History and emotions will be important, but getting the facts straight is even more vital.' - John Mills, Founder and Chairman of JML and Co-Chairman of Business for Britain 'Patrick Minford and his team have performed a hugely valuable service by quantifying the costs of Britain's EU membership. In particular, they show that Britain pays too much for too high a proportion of its imports. The EU's protectionism in its trade with the rest of the world costs Britain a significant slice of its national output. Their demonstration of this vital point is thought-provoking and sophisticated, and greatly strengthens the case for the UK to leave the EU.' - Tim Congdon, CBE, International Monetary Research Ltd Placed in the context of the upcoming referendum, this second edition brings up to date a thorough review of all economic aspects of the UK's membership of the EU. It notes the intention of the EU to move to 'ever closer union' and the nature of the regulatory and general economic philosophy of its dominant members, whose position is enforced by qualified majority voting. The book highlights the UK s dilemma that, while extending free markets to its local region is attractive, this European philosophy and closer union are substantially at odds with the UK's traditions of free markets and freedom under the common law. This comprehensive examination of the economic costs and benefits of membership uses state-of-the-art modeling methods and includes estimates of its net costs as a percentage of GDP. The book explains how the decision to leave would follow from a judgement on the political economy of the EU as compared with that of the UK. It details the misconceptions involved in much of the debate about trade with the EU, and argues that the key issue is not access to markets but rather the prices at which trade takes place. Covered in careful detail is the economics of the UK's trade with the EU in the key sectors of agriculture, manufacturing, and services.
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