Economists are being asked to provide explanations and prescriptive policy for addressing the questions of chronic poverty and underdevelopment in the world. Answers are needed not only for the questions of how and why these problems arise, but also whether the problems can be prevented and how the problems can be approached. This book is an exposition to the student, the researcher, and the practitioner in the field of economic development giving an approach from the basic rudiments to the advanced level and bridging the gap between the neoclassical models of growth and development and the modern structuralist approaches to the study and analyses of economic development.

This book explores the process of policymaking and implementation in the finance, energy and security sectors in the United Arab Emirates. It looks at the role of informal advisory networks in a nascent private sector, federal politics, and historical ties in foreign relations.

In the digital age tasks are increasingly modularised and consumers are increasingly becoming prosumers. Replacing digital labour and prosumption within an American context and the wider political economy, this volume presents a critical account of the forces which shape contemporary subjects, networks, and labour practices.

The development of the welfare state has been accompanied by greater freedom being granted to workers in industrialized capitalist countries. The themes of this probing volume concern how governments, employers, trade unions, and workers have acted to promote economic growth and accountability with active industrial policies and forms of co-determination, worker self-management, and/or employee ownership. The book's essays address the key dimensions of economic, social, and political change in five industrial democracies: the United States, the United Kingdom, France, Germany, and Sweden. A major focus of the volume as a whole is on economic management and workplace reform in a variety of national settings. Managing Modern Capitalism is divided into three sections, covering strategies for industrial renewal, workplace democracy in practice and theory, and future perspectives. In the first section, each of the five countries are compared and contrasted in light of their attempts to stimulate economic growth and reduce unemployment under conditions of international interpendence of capital and markets. Country-by-country profiles highlight the second section, which also examines various forms of employee consultation, participation in managerial decisions, and ownership. The third section and conclusion evaluate prospective economic trends and workplace democracy in the capitalist nations. This book will be of interest to policymakers, scholars, and journalists, as well as to advanced students in political science, economics, history, and sociology.

This book explores the increased necessity of organizations to encourage human talent in the globalized economy, with particular emphasis on the impact in Eastern Europe. Featuring contributions presented at the 7th Annual Griffiths School of Management International Conference on Business and Ethics (GSMAC) organized by Emanuel University of Oradea, this book presents in-depth analysis of the economic, social and religious implications of the transition from low cost of labor to increased human talent in Eastern Europe and offers multiple theoretical and practical solutions. In 2004, Klaus Schwab, president and founder of the World Economic Forum, stated that the old era of capitalism and socialism is being replaced by a new era of "talentalism". The true competitive advantage of organizations and nations is increasingly becoming human talent, defined as the ability to "have new ideas that have value". Nations and organizations are exploring ways to reform their education systems and organizational structures in order to train, foster and encourage human talent. In Eastern Europe since the fall of communism in 1989, the competitive advantage of the region has been low cost of labor. However, since the integration within the European Union, millions of Eastern Europeans have left their home countries rendering the "low-wage competitive advantage" almost obsolete. In addition, the migration of able-working individuals has left behind mainly children and pensioners, placing a disproportionately heavy burden upon public and government services. It is within this context that the contents of this book explore the impact of the increased need of high human talent on Eastern European countries. Featuring contributions around topics such as poverty, healthcare management, cross-border cooperation, education systems, and religious influence on economic development, this book will be of interest of scholars, researchers, students and policy-makers interested in the business development and economic growth of Eastern Europe.

"The first detailed historical account of the Free Trade Area of the Americas (FTAA) negotiations, this book covers the genesis of the project in the early 1990s to its demise in late 2003. It examines how the FTAA, an Inter-American policy idea, was incompatible with the predominant ideas and beliefs of Brazilian and American decision makers as to how they could and should conduct their countries' foreign trade policy in the Western Hemisphere. Its multidisciplinary nature and the incorporation of a case study of foreign policymaking in an emerging economy make it attractive to scholars and students of Political Sciences and International Relations, and to all those interested in the power dynamics in asymmetrical relations"--

Gobeyn presents the first book-length treatment of the declining significance of corporatist governance in advanced capitalism, linking that decline to international political economic forces. He contends that current patterns of conflict within corporatist political bargaining institutions in capitalist states can be traced to attitudinal shifts on the part of capitalists toward corporatist institutional arrangements. Business interests, it is argued, may no longer be viewing traditional practices of national corporatist action as either beneficial or necessary given recent changes in domestic and international economic environments. Recent state modifications to corporatist forms have therefore been initiated.

In Formal and Informal Social Safety Nets , Ashraf analyses the role of social safety nets in a time when our global economy threatens our way of life, as entire cities such as Detroit are declared bankrupt.

While economic and other social science expertise is indispensable for successful public policy-making regarding global climate change, social scientists face trade-offs between the scientific credibility, policy-relevance, and legitimacy of their policy advice. From a philosophical perspective, this book systematically addresses these trade-offs and other crucial challenges facing the integrated economic assessments of the Intergovernmental Panel on Climate Change (IPCC). Based on John Dewey's pragmatist philosophy and an analysis of the value-laden nature and reliability of climate change economics, the book develops a refined science-policy model and specific guidelines for these assessments of climate policy options. The core idea is to scientifically explore the various practical implications of alternative climate policy pathways in an interdisciplinary manner, together with diverse stakeholders. This could facilitate an iterative, deliberative public learning process concerning disputed policy issues. This volume makes novel contributions to three strands of the literature: (1) the philosophy of (social) science in policy; (2) the philosophy of economics; and (3) debates about the design of scientific assessments, including the continuous IPCC reform debate. This work is thus interesting for philosophers and other scholars reflecting on the science-policy interface, but also for assessment practitioners, climate policy-makers, and economists. The science-policy approach developed in this volume has already influenced the recent socio-economic IPCC assessment.

This book discusses the economic, political, and environmental issues surrounding the international exploration and exploitation of conventional and unconventional natural gas. Shale gas development in recent years has changed the energy discussion in the US as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible; the discussion is quickly becoming international in scope. The potential expansion of natural gas development impacts many regions of the globe and spans multiple perspectives. In a volatile international climate, one of intense geopolitical conflict between Russia and the West, economic slowdowns in Europe and China, military conflicts in the Middle East and northern Africa, and widening income disparity in the U.S., a relatively inexpensive and plentiful energy source like shale gas could play a key role in mitigating such conflicts. In an energy interdependent global community, however, multiple factors such as oil prices, differing rates of exploration, environmental concerns, strategic initiatives, institutional changes, legal and regulatory issues, and actions of the nations involved all have the potential to influence future outcomes. This book discusses each of these in turn, detailing the issues most prevalent in each geographical area. The first volume to provide a comprehensive global view of the impacts of shale gas development, this book fills a gap in the current research literature, providing vital information for the scholarly community and the public alike. This book will be of interest to researchers and students of economics, energy policy, public administration, and international relations as well as policy makers and residents of the regions that are experiencing shale gas development.

In the early 1990s the Nordic countries were considered to be in a serious situation. The costs of welfare states, generous unemployment benefits, high taxation rates, strong unions, and centralized wage bargaining were thought to be undermining their competitiveness in an age of rapid globalization. By 2005 however, they all ranked at the top of a number of performance indexes on economic competitiveness and sustainability. Citizens in the Nordic countries continue to participate in and benefit from globalization on a much wider scale than in any other similarly highly developed country, and these countries increasingly provide templates within the EU for imitation and social innovation. This book investigates how and why welfare services, active labour market institutions, and public policies were re-combined into enabling and risk-sharing mechanisms to stimulate innovation, and how this made it possible for firms to change their work organization and pursue highly rewarding and distinctive globalization strategies. Through detailed analysis of Finland, Denmark, Norway, and Sweden, this book reveals the dynamics and transformations of their national business systems, and the emerging new patterns of interaction between firms, labour markets, and institutions. It will be valuable addition to the literature on social innovation and institutional entrepreneurship.

Tourism is a vital tool for political and economic change. Calls for boycotts by tourists of countries reflect the huge impact that tourist activity and the tourism industry has on political change.

Contributors from diverse disciplinary, ideological, and theoretical perspectives, examine the multiple aspects and dimensions of globalization. By employing a variety of methodological approaches, the authors provide insights into the role of numerous agents in furthering the process and project of present and future globalization(s), as manifested in economic, political and cultural domains. Furthermore, they address the impacts of globalization in nation-states, emancipatory feminist and environmental movements, and migrant communities, as well as identify their participation in and opposition to the phenomena of globalization.

This book, the second of two volumes, continues the authors' ground-breaking re-examination of India's history and political economy. This volume describes the economic fortunes of India in the second half of the 20th century. Beginning with the reconstruction of the Planning Commission and India's hybrid model of economic planning, the authors describe the multiple shocks weathered by the system before being replaced with a fully free market model after the collapse of the Soviet Union. Chapters consider the stresses placed on India's organisation by the shocks of the twentieth century, from its experiments with a socialist economy to its embrace of the Washington consensus in the 1980s. The impact of the invasion of China in 1962 and India's struggle to find its feet post-partition are also given detailed analysis. The book's unique perspective helps to shed light, for the first time, on how India's organisational structure negotiated the country's immense historical and cultural inheritance with the stresses of a twentieth century nation state.

Territories of Poverty challenges the conventional North-South geographies through which poverty scholarship is organized. Staging theoretical interventions that traverse social histories of the American welfare state and critical ethnographies of international development regimes, these essays confront how povertyis constituted as a problem. In the process, the book analyzes bureaucracies of poverty, poor people's movements, and global networks of poverty expertise, as well as more intimate modes of poverty action such as volunteerism. From post-Katrina New Orleans to Korean church missions in Africa, this book is fundamentally concerned with how poverty is territorialized. In contrast to studies concerned with locations of poverty, Territories of Poverty engages with spatial technologies of power, be they community development and counterinsurgency during the American 1960s or the unceasing anticipation of war in Beirut. Within this territorial matrix, contributors uncover dissent, rupture, and mobilization. This book helps us understand the regulation of poverty-whether by globally circulating models of fast policy or vast webs of mobile money or philanthrocapitalist foundations-as multiple terrains of struggle for justice and social transformation.

This book provides an innovative approach to sustainable development, one based on insights gleaned from the Industrial Revolution to the present, and which highlights the importance of aligning economic interests with sustainable development considerations. It investigates how a broad-based systematic approach can be used to develop societies sustainably by integrating environmental issues into the capitalist system without value-laden approaches, which produce little more than politics and inaction as we are witnessing today. The proposed approach focuses on realigning the financial markets to providing capital at reasonable cost to fuel innovation towards sustainable development across the entire economy. This requires government policies that level the playing field and also intervene strategically in cases where the playing field is weak or missing . Intended for researchers, policy-makers and graduate students, the book will also benefit non-governmental organizations, economists and the general public.

This book provides authoritative and up-to-date research for anyone interested in the study of international environmental politics. It demonstrates how the field of international environmental politics has evolved and identifies key questions, topics and approaches to guide future research.

This book analyses the potentials and consequences of a change from production-based to consumption-based approaches in international climate policy. With the help of an analytical model, the author investigates the effects of different policy variants on environmental effectiveness, cost-effectiveness, carbon leakage, competitiveness and the global distribution of income. The economic, legal and political background and the often contradictory findings on consumption-based approaches are reviewed in great detail. In the final chapters, options for practical policy design are developed. The book concludes that a switch to consumption orientation is not a policy tool whereby industrialized countries can unilaterally improve climate policy effectiveness, but should rather be seen as a possible intermediate step on the way to a fully multilateral mitigation strategy.

This book is an analysis of the political and philosophical foundations of the development of India's economy, including discussions of what's gone wrong in the past and what can be done to rectify it. The authors provide a detailed analysis of the history and burning issues derived from these historical analysis which are still unresolved today. As well as this, there are analyses of the political economy and both ancient and modern historical perspectives.

India is the world's largest democracy, and second-largest developing country. For forty years it has also been one of the most dirigiste and autarkic. The 1980s saw most developing and erstwhile communist countries opt for market economic systems. India belatedly initiated similar reforms in 1991. This book evaluates the progress of those reforms, covering all of the major areas of policy; stabilization, taxation and trade, domestic and external finance, agriculture, industry, the social sectors, and poverty alleviation. Will India realize its great potential by freeing itself from the self-imposed constraints that have hindered its development? This is the important and fascinating question considered by this book.

In the years leading up to the Crash of 2008, Iceland had been triumphed in world business media as an economic miracle. Its new breed of Viking Capitalism had become rock stars of the global finance driven economy, even while it was testing the foundations of Europe's financial system. Eirikur Bergmann applies Postcolonial analysis to explain the paradigmatic case of Iceland's fantastical boom, bust and rapid recovery after the Crash. His critical approach to the claims of the financialization advocates relates the questions of the national economy and globalisation to current trends in Europe and the World.

This book provides unique insights into the politics of finance and the socio-political relations which drive financial policymaking in Hong kong, Singapore, and Shanghai. While the existing literature in the field focuses mainly on economic explanations for financial centre development, this book fills a gap by focusing on the socio-political relations which underpin the financial policy-making process. Drawing on extensive interviews with senior policy-makers and financial sector professionals, the book describes how state-industry relations drive financial policy-making in three major financial hubs. Insights and policy recommendations drawn from these interviews will be particularly useful for policy-makers and financial sector professionals hoping to draw lessons from the successful development of the three leading Asian financial centres. Business and Politics in Asia's Key Financial Centres draws on public policy theoretical frameworks for its analytical basis. The three chapters focusing on the historical development of Hong Kong, Singapore, and Shanghai also provide a consolidated narrative with regard to the development of these three cities as leading financial centres, while also serving as independent case studies. Scholars focusing on policy processes and political factors that underpin financial sector development, as well as instructors and students of public policy, international political economy, and financial sector policy, will find this book useful for their research.

This book sets out political economy explanations for higher education policy reform in Europe in the initial decades of the 21st century. With a sustained focus on the national level of policy implementation, institutional change is considered in relationship to broader trends in economic development and globalization. Since the concept of a "Europe of Knowledge" was presented by the European Commission in 1997, the pursuit of global competitiveness sets the context for the international initiative of the Bologna Process that has created the European Higher Education Area (EHEA). Growing from 29 to 48 participating countries, there are three core explanations for change in the policy process: globalization (economic), intergovernmentalism (political), and Europeanization (social). As part of multi-method research analysis, this book presents qualitative case studies on Portugal and Spain to consider points of comparison, including national governance history and modernization of higher education institutions. The structure of government in these countries affects the policy reforms. Ultimately, the Bologna Process serves as a model for integration of higher education reform in other world regions. This book is essential reading for students, researchers, and policy makers in the fields of education, economics, and public policy.