'The Handbook of Diverse Economies offers a rich, beautiful, organic garden of ideas to nourish the project of ''doing economy'' differently. These sprouts and vines will, eventually, alter the institutional structures we inhabit.' - Nancy Folbre, University of Massachusetts Amherst, US 'Let us forget, just for a moment, ''capitalism'' and instead investigate the diversity of new forms of economic activities that are flourishing everywhere: this is the essential, energizing, message of J. K. Gibson-Graham, Kelly Dombroski and her colleagues. This innovative book must be absolutely put into all hands. It takes us on a long and rewarding journey around the world to explore ongoing experiences that all attempt to invent new ways of living together.' - Michel Callon, Centre de Socologie de l'Innnovation, Mines ParisTech, France Theorising and illustrating diverse, more-than-capitalist economies, this broad-ranging Handbook presents ways in which it is possible to imagine and enact other ways of being. It gathers together empirical examples of diverse economic practices and experiments from across the world, framed by in-depth discussions of key theoretical concepts. Organised into thematic sections, the Handbook moves from looking at diverse forms of enterprise, to labour, transactions, property, and finance as well as decentred subjectivity and diverse economies methodology. Chapters present a wide diversity of economic practices that make up contemporary economies, many of which are ignored or devalued by mainstream economic theory. Pushing the boundaries of economic thinking to include more than human labour and human/non-human interdependence, it highlights the challenges of enacting ethical economies in the face of dominant ways of thinking and being. Economic geography, political economy and development studies scholars will greatly appreciate the empirical examples of diverse economic practices blended with theory throughout the Handbook. It will also benefit policy-makers and practitioners working within diverse economies, or looking to create more ethical ways of living.

Using a range of calculative devices, (Mis)managing Macroprudential Expectations explores the methods used by central banks to predict and govern the tail risks that could impact financial stability. Through an in-depth case study, the book utilises empirically-informed theoretical analysis to capture these low-probability and high-impact events, and offers a novel conceptualisation of the role of risk modelling within the macroprudential policy agenda. The book asserts that central banks’ efforts to capture tail risks go beyond macroprudential policy objectives of identifying and monitoring systemic risks to financial stability. It illustrates how the calculation of tail risk contributes to managing the expectations that regulated institutions have around the Bank of England’s macroprudential approach, its willingness to support struggling institutions, and its use of novel macroprudential policy tools. Situating tail risk within the broader realm of climate finance, chapters contend that the identification of future climate tail risks simultaneously reveals opportunities for private profit and non-bank lending within the financial system, in ways that are potentially destabilizing. The book concludes by highlighting the social and political limitations of central banks’ new macroprudential approach. Transdisciplinary in approach, this book will be invaluable to students and scholars interested in the intersections between climate studies, political science and public policy, environmental economics, banking and finance, and political economy. Its practical applications will also be a useful resource to climate and finance policymakers working in central banking.

This insightful book examines the role of micro-politics in the life of global industry associations. Karsten Ronit addresses the various rules and norms required to administer these associations, highlighting the importance of managing variations in complex member demands and responding to expectations in their institutional environment. Posing a variety of empirical and theoretical challenges, the author charts the state of the art in the study of industry associations, evaluating the current condition of research in the field. Ronit offers a systematic approach to the role of global industry associations, identifying, classifying and analysing the diverse population of industry associations and the expressions of micro-politics that occur within them. Addressing key dilemmas such as leadership, resource allocation and regulation, Ronit examines the many policy areas in which industry associations are active and the areas in which their activities overlap with other policy actors. Offering a critical conceptual exploration of the significance of industry associations, this cutting-edge book is crucial reading for scholars and students researching business and politics, particularly those interested in associational governance in global industries. It will also benefit practitioners working in business associations and consulting firms, as well as policymakers addressing industry associations.

With contributions from top scholars in the field, this cutting-edge Handbook critically examines the effects of glocalisation on various subdisciplines of the humanities and social sciences. Broad and innovative, it provides a fresh take on the different forms of the glocal in contemporary culture. Using engaging case studies, humanities scholars examine how glocalisation has impacted archaeology, art, literature, philosophy, law and food; social science experts discuss the impact on tourism, religion, urban studies, criminology, education and sports. Forward-thinking, the volume engages with new developments in media and communication, considering how technological innovation, digitisation and the mediatised world affect interrelations in consumer culture. It concludes with an examination of new research frontiers, considering translocality, world science theory, and post-colonialism to expand the field by developing original approaches and suggesting new directions for research. Featuring practical insights from a wide range of disciplines, this Handbook is invaluable for students and scholars across the humanities and social sciences. It will also benefit policy makers within cultural domains concerned with glocalisation.

Plato was the first of the great thinkers to integrate the economy into a wide-ranging synthesis of ethical absolutes and human interaction. In this original and stimulating book, David Reisman assesses his influential contribution to the political economy of production, consumption, distribution and exchange. Drawing on the whole of Plato's published work, this book explores Plato's insights into the core philosophical concerns of stability, hegemony, justice and balance. It situates Plato's economics in the context of fourth century Athens. It argues that the transition from oligarchy to democracy in the wake of the disastrous war with Sparta had reinforced the attraction of justice, moderation and the middle way to a political philosopher who wanted to reverse the decay in popular standards of right and wrong. Analytical but accessible, this book is crucial reading for students and scholars of economic and social thought. Researchers and practitioners interested in social and public policy will also benefit from this book's comprehensive and interdisciplinary approach.

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. Highlighting the diversity and complexity of the global Basic Income debate, Malcolm Torry assesses the history, current state and future of research in this important field. Cognisant of the increasing extent and intensity of the current Basic Income debate, Torry begins by defining relevant key terms. Each chapter offers a concise history of a particular subfield of Basic Income research, describes the current state of research in that area, and makes proposals for the research required if the increasingly widespread global debate on Basic Income is to be constructive. Subsequent chapters tackle research on financial and political feasibility; employment market effects; other economic and social effects; ethical justifications for paying everyone an unconditional income; and questions of implementation. This state-of-the-art Research Agenda will be of great value to students and scholars interested in social and economic history, the economics of social policy, and a Universal Basic Income. Its proposed strategies for carrying out future research on Basic Income will also benefit journalists, think tank staff and policymakers.

Drawing insights from economics and political science, Judging Regulators explains why the administrative law of the US and the UK has radically diverged from each other on questions of law, fact, and discretion. This book proposes an original interdisciplinary theory that integrates the concept of veto-gates into a strategic model of judicial review of administrative action. It argues that long-term changes in the number of effective veto-gates in the US and the UK are the key to understanding the antithesis that emerged between their administrative jurisprudence. It then forecasts the future of Anglo-American administrative law in light of recent destabilizing political developments, such as attempts by the US Congress to abolish Chevron deference and the UK Supreme Court's interventionist decision in R (on the application of Miller) v. The Prime Minister. A crucial overview of the history and future of administrative law, this book is critical reading for scholars and students of public law and comparative law, particularly those focusing on comparative administrative law in common law contexts. Its theoretical insights will also be useful for political scientists and economists interested in judicial politics and regulation.

The Research Handbook on Trade Wars presents an informative and in-depth account of the origins, dynamics, and implications of trade wars, which are growing both in scale and scope in today's increasingly interdependent global economy. Timely and comprehensive, it provides a holistic understanding of trade wars, including not only the domestic and international factors that influence the pattern of trade war onset and escalation, but also the stakeholders and processes that shape the outcomes of such highly intense trade conflicts. Leading scholars in the field present original and thought-provoking research material, critically engage with academic and policy debates, and make theoretical contributions as well as valuable policy recommendations. In addition to its in-depth analysis of the global, domestic, political, and economic origins of trade wars, this Research Handbook also examines the variation in the scope of trade wars, the forum for dispute settlement, the factors that influence the pattern of dispute escalation, and the linkages between national security considerations and commercial conflicts. Providing the frameworks necessary for understanding the political and economic logics of trade wars, this Handbook will be a valuable source of reference for researchers, government officials, businesses, and post-graduate students interested in international political economy, international economics, economic statecraft, public policy, and international relations.

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 thought-provoking Research Agenda examines themes within economic studies that have become active areas of commentary for economists of the Austrian School. Contributors establish their own distinctive interpretations of how an Austrian Research Agenda should appear, clearly demonstrating there is no set dogma within Austrian economics. Chapters provide state-of-the-art dialogues surrounding the many complex dimensions of Austrian economics, including the School’s responses to behavioral economics and the theory of public goods. This book portrays Austrian economics as constantly evolving and its ultimate endeavour is to prompt further contributions and discussions surrounding the Austrian School. This erudite Research Agenda will be highly beneficial for graduate students studying political economics, market processes and economic development, seeking to understand the unique dimensions of Austrian economics. It will also be of great value to academics endeavouring to conduct comparative studies of different economic schools of thought.

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. Forward thinking and provocative, this Research Agenda demonstrates different approaches to the field from experts focusing on global and local, and historical and contemporary issues. It asserts that critical political economists differ from their mainstream counterparts through the variety of methods they use and the questions they pose. Eminent global scholars examine a diverse selection of interdisciplinary themes, raising questions surrounding future research in the area, offering examples and linking the theory to its implications for practice and policy. Chapters explore economic growth and the ideology of development, sweatshop economics, experimental economics, the land question in urban economics, money and finance, and thinking beyond capitalism with the solidarity economy. A Research Agenda for Critical Political Economy will be a fascinating read for students and scholars of political economy, political science and economics. With case studies and practical examples of the application of the topic, it will also be an invigorating read for economists and policy makers looking for alternative approaches to the field.

This authoritative book examines the power of multinational corporations (MNCs) to exert influence in global politics. Focusing on the actions and motivations of MNCs, it explores how they attempt to shape the political issues that affect them. Combining theoretical perspectives with analyses of enlightening case studies, the contributors consider key areas in which MNCs seek to exert political influence such as environmental sustainability, social conflicts and corporate tax avoidance, as well as in specific industries including mining, shipping and consulting. They also illustrate the mechanisms used by MNCs to exert influence in a wide range of policy fields at multiple territorial levels, discussing how they interact with states, intergovernmental organizations and civil society, as well as how they coordinate their activities with other parts of the business community. The book concludes that MNCs enjoy certain basic privileges in society and politics due to their preponderant economic position and their key role in the processes of globalization, but action is necessary to sustain this role. MNCs in Global Politics will be critical reading for academics and students of politics, international relations and political economy, particularly those with an interest in globalization and governance. Its exploration of specific case studies will also be beneficial for policy-makers.

This thought-provoking book analyses the process of labour commodification, through which the individual's ability to earn a basic living becomes dependent on the conditions of the market relationship. Building on the premise that the separation of a group of individuals from the means of production is an intrinsic element of capitalism, Fausto Corvino theorises that this implies a form of domination in a neo-republican sense. Proposing an original theory of global justice denoted as a minimum de-commodification of labour power, this book explains the ways in which this cosmopolitan principle resists the criticisms that are commonly advanced against classic theories of global justice and charts a theory falling between the neo-republican and labour republican approaches. It stimulates the debate on, and moral critique of, capitalism and the obstacles it poses to individual freedoms, with a focus on exploitation and domination. Global Justice, Markets and Domination will be a key resource for students and scholars researching capitalism and analytical Marxism, political economics and human rights. It will also be of benefit to those interested in theories of global and distributive justice and the economic implications of the neo-republican theory of freedom as non-domination.

This groundbreaking Handbook brings together the two timely subject matters of political economy of health and health care into one comprehensive book. Containing up-to-date discussions on these key topics, it provides an interdisciplinary approach and a better understanding of health policy making. Highlighting the key theoretical and empirical debates in academia and policy across a variety of scholarly groups, this Handbook shows the differing methods and principles applied while sharing the common goal of understanding the institutional mechanisms, constraints and determinants that influence decision-making. Split into six thematic parts, the expert contributors discuss the design of health care systems, political markets, financing and policy reforms, and healthcare during pandemics, as well as providing insightful lessons to be learnt for the future. Scholars and professionals interested in an in-depth state-of-the-art companion to the main issues under discussion of the effects of the design in our health systems, along with the constraints that they face, will find this Handbook an excellent resource.

This comprehensive and stimulating Handbook examines the contribution of political economy to public policy. It provides an overview of several strands of critical political economy, supported by case studies from OECD countries, Latin America, South Africa, and South and East Asia. With discussions on key theories of political economy, the Handbook introduces cultural and feminist political economies, engaging critically with ordoliberalism and New Public Management. Chapters feature discussions on political economic approaches to the global division of labor, financialization and dispossession in Latin America, ecological perspectives on sustainability in China, global exploitation chains in agriculture, and postcolonial criticisms of economic development. The Handbook concludes with an exploration of the relationship between political economy and social policy, global health, and public policies. Providing a combination of critical engagement with the various theories of political economy and their application to key economic policies, this will be essential reading for students and academics in comparative politics, economics and finance, international relations, political economy, public policy, and political science. Policymakers interested in addressing socially and environmentally unsustainable practices will also find this an illuminating and informative resource.

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.

This ground-breaking book expertly brings together the many effective dementia interventions to reduce the symptoms of this debilitating condition and also, for the first time, a Cost-Benefit Analysis of those interventions to establish whether the benefits outweigh the costs. Focussing on new interventions such as years of education, medicare eligibility, hearing aids and vision correction, Robert Brent also takes an innovative look at the need to reduce elder abuse and initiate an international convention for human rights. Cost-Benefit Analysis and Dementia takes an insightful look at dementia by using a behavioural definition and explaining how the symptoms can affect daily life activities, rather than just using the medical definition. It examines the causality of dementia interventions to establish their effectiveness, dealing with the risk factors and expanding the current list of interventions. Furthermore, it provides an in-depth three-step procedure for evaluating the monetary benefits of those interventions to establish whether these are found to be socially worthwhile. Written in a comprehensive, yet accessible style, this book will be an excellent resource for economists interested in the Cost-Benefit Analysis of dementia care. Healthcare professionals and policymakers as well as non-professionals will find the different interventions discussed to reduce symptoms of dementia illuminating and informative.

Taking an innovative look at the origins of economics, this forward-thinking book relocates economics from a materialistic general theory of rational action into an idealistic theory of social organization and individual action. Adding new insightful analytical methods such as complexity theory, graph theory and computational modelling to the original insights of the Scottish Enlightenment, Richard Wagner explores economics in an ever-changing society, looking at the key civilizing processes and the important social questions. Rethinking Economics as Social Theory moves away from the traditional review of analytical exercises and associated data and illustrates an enlightening scheme of thought where human societies are heterogeneous and not homogeneous and where change is continually in motion. Furthermore, Wagner theorises that economizing is a universal form of human action that plays out in numerous substantive directions and shows cooperation and conflict to have a yin-and-yang relationship. This illuminating book will prove an excellent resource for economists interested in working outside of comparative statics as well as social scientists looking for a broader vision of economics. Philosophers and those working in the field of biological sciences will also find this an informative read.

This book summarises an investigation into elements of the economic and political institutions that affect prosperity in ECOWAS development. Information and material enclosed was obtained from most relevant literature and publicly available data. The work evaluates the macroeconomic consequences of various programs and policies, which are represented through key selected mainstream indicators for ECOWAS countries from 1960-2013, contrasted with the European Union 28 countries in the same period and illustrating the specific situation of Guinea-Bissau. It was found that actual progresses in the theoretical domain are slow, solid formal models are lacking, and inconsistency predominates as challenges, outcomes and relations from inputs to outputs are mostly evidenced by adoption of anecdotal examples. Negative prosperity is the norm and thus, the question of how, and what, the institutions are doing to address it, becomes especially relevant. It is also observed that the available source data is inconsistent and controversial; for same indicators, it varies wildly at intra and inter organisations. In the likeliness of many of the current aid and structuring programmes being based on data from the mentioned sources, a risk emerges that, even though mathematic and economic models may be advanced, they are based on fundamentally unreliable data that push wrongdoing and hinder prosperity. It also emerges that, frequently, institutions and programmes do have negative impact on the sub-region, because the framework that they provide is based on western values, mostly carried by western experts or local experts that acquired western behaviour and values ignoring the rural and peri-urban populations. It was found that circumstances where cultural differences are not accounted for, namely in acceptance of the distribution of power, collaboration, personal relations, traditions and manners of performing work and duties as well as managing free time, potentially hinder societal development.

Presenting a truly comprehensive history of Basic Income, Malcolm Torry explores the evolution of the concept of a regular unconditional income for every individual, as well as examining other types of income as they relate to its history. Examining the beginnings of the modern debate at the end of the eighteenth century right up to the current global discussion, this book draws on a vast array of original historical sources and serves as both an in-depth study of, and introduction to, Basic Income and its history. Commencing with Thomas Paine's advocacy for Basic Capital and Thomas Spence's for a Basic Income, Torry analyses thought from a variety of authors during the nineteenth and twentieth centuries and explores the widespread debate across Europe from the 1980s to the present day. Chapters further investigate a terminologically diverse debate in Canada and the USA and highlight the significance of recent research on feasibility in the UK. Concluding with a study of the anatomy of what is now a single global debate about Basic Income, this book will be of value to policy makers, students and scholars of Basic Income, social and economic history, and the economics of social policy.

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 -- .

This innovative book examines the maritime component of China's Belt and Road Initiative (BRI), focusing on three key trade routes and addressing the question of how China protects its overseas assets. Gerald Chan explores China's rising maritime power, using geo-developmentalism as a theoretical framework to analyse the country's development of port facilities and infrastructure along important trade routes. Through developing these sea routes, he argues that a new global order is in the making. The book also offers an in-depth and balanced review of two major criticisms of China's BRI: the first being so-called 'debt trap diplomacy', and the second being security concerns surrounding China's IT industry, the resolution of which Chan suggests will pave the way towards developing a 'digital Silk Road'. Following on from Chan's previous work on high-speed rail and other land networks, this book offers a comprehensive and up-to-date account on infrastructure building in this context. It will prove a stimulating read for scholars and students of Chinese foreign policy and international relations, as well as policy makers, government officials and businesses seeking to better understand China's foreign trade and development policies.

Presenting a wide range of topics and written 150 years since Carl Menger’s Principles of Economics was published, this timely book reviews Menger’s life and theories and explains how his insights on the creation of money are still inspiring and relevant today.   Highlighting state-of-the-art results on Menger’s methodology and economic theory, the book expertly analyses key topics such as the debt theory of money, capital wealth and the gender wage gap. Chapters also cover up-to-date topics such as Bitcoin and technological progress reinvigorating the study of Menger’s philosophies and their application for future work in economics and the history of economic thought.   Comprehensive in its approach, this book will provide an excellent addition to the mainstream literature for scholars and students of economics, Austrian economics and the philosophy of economics. Researchers interested in economic development and other areas such as Bitcoin will find this an excellent resource for their research.

Few international organizations embody the idea of historical progress as strongly as the European Union (EU). This book addresses the main shortcoming of treating EU as a vehicle of progress and political unity between European countries: the disregard of such an approach for the underlying diversity of the European continent. Critically examining the meta-ideology underpinning European integration, the author studies the implications of Europe's heterogeneity, disagreements over European policies, and of pluralism of values for the EU's governance. The book revisits legacies of post-communist transitions and the role played by international economic and political integration in Eastern Europe - as well as the implications of the EU's enlargements for the EU's governance. The result is a novel, polycentric perspective on the EU's governance. Policy practitioners, commentators, and other opinion leaders as well as academics and students interested in applied political economy and European studies will value this extensive exploration of Governing the EU in an Age of Division.