Among the founding nations of the European Union, no nation has experienced a more devastating affect from the 2008 economic crisis than Italy. Although its recovery has recently begun, Italy has fallen even further behind EU economic leaders and the EU average. Looking at how and why this happened, Facing the Crisis brings together ethnographic material from anthropological research projects carried out in various Italian industrial locations. With its wide breadth of locations and industries, the volume looks at all corners of the diverse Italian manufacturing system.

This book aims to tackle the issues that are central to understanding and addressing one of the most important employment policy problems facing governments in the UK and beyond: the high number of people of working age claiming 'disability' or 'incapacity' benefits. Gathering evidence from leading UK scholars, alongside comparative contributions on Sweden, Germany, New Zealand and the Netherlands, the book considers a number of questions including, how do health problems and other barriers work to combine to limit opportunities for labour market participation among claimants of IBs?; How do different local and regional economic conditions shape these individuals' opportunities and experiences of labour market exclusion?; What processes lead to transitions onto IBs and what could be done to retain people with health problems in employment?; How appropriate are the rationale, content and governance of active labour market policies that seek to promote transitions from IBs into work?; and what works in helping people claiming IBs to cope with health problems and/or make progress towards work?

What would Washington, Jefferson, Madison, Lincoln, the Roosevelts, Truman, and Eisenhower have done about today's federal debt crisis?America's Fiscal Constitution tells the remarkable story of fiscal heroes who imposed clear limits on the use of federal debt, limits that for two centuries were part of an unwritten constitution. Those national leaders borrowed only for extraordinary purposes and relied on well-defined budget practices to balance federal spending and revenues. That traditional fiscal constitution collapsed in 2001. Afterward,for the first time in history,federal elected officials cut taxes during war, funded permanent new programs entirely with debt, grew dependent on foreign creditors, and claimed that the economy could not thrive without routine federal borrowing.For most of the nation's history, conservatives fought to restrain the growth of government by insisting that new programs be paid for with taxation, while progressives sought to preserve opportunities for people on the way up by balancing budgets. Virtually all mainstream politicians recognized that excessive debt could jeopardize private investment and national independence.With original scholarship and the benefit of experience in finance and public service, Bill White dispels common budget myths and distills practical lessons from the nation's five previous spikes in debt. America's Fiscal Constitution offers an objective and hopeful guide for people trying to make sense of the nation's current, most severe, debt crisis and its impact on their lives and our future.

The book provides a systematic review of research results on regional economic competitiveness, and constructs an evaluation index system based on nine key aspects: the development of a micro-economy; industrial development; enterprise strength; the sciences; education; innovation; environment governance and protection; financial development; and the degree of opening to the outside world. The book subsequently provides policy suggestions on how to enhance the economic and social development of the West of China based on a comprehensive evaluation and analysis. In addition to comparing the recent social development of the provinces in the West, the book also calls upon the central government to play the leading role, encourage mass participation and promote the opening up of the West of China.

This book explores financial stability issues in the context of East Asia. In the East Asian region financial stability has been a major concern ever since the Asian crisis of 1997/98, which still looms large in the collective memory of the affected countries. The global crisis, which had its starting point in 2007, only served to exacerbate this concern. Safeguarding financial stability is therefore a major goal of any country in the region. Diverging cultural, political and economic backgrounds may however pose different stability challenges and necessary cooperation may be complicated by this diversity. Against this backdrop the contributions of this book by leading academics from the fields of economics and law as well as by practitioners from central banks shed light on various financial stability issues. The volume explores the legal environment of central banks as lenders of last resort and analyzes challenges to financial stability such as shadow banking and the choice of exchange rate regimes. Case studies from China, Japan and Indonesia are contrasted with experiences from Europe.

Based on fieldwork in Kinshasa and Paris, Breaking Rocks examines patronage payments within Congolese popular music, where a love song dedication can cost 6,000 dollars and a simple name check can trade for 500 or 600 dollars. Tracing this system of prestige through networks of musicians and patrons - who include gangsters based in Europe, kleptocratic politicians in Congo, and lawless diamond dealers in northern Angola - this book offers insights into ideologies of power and value in central Africa's troubled post-colonial political economy, as well as a glimpse into the economic flows that make up the hidden side of the globalization.

Cooperation and clusters have become the guiding paradigms for explaining and promoting regional competitiveness, but the cooperation process between firms and universities and the transfer of knowledge in guiding and nurturing regional competitiveness has received relatively little attention. This book strives to fill this gap in highlighting the connection between inter-firm cooperation in regional clusters, innovation and regional networks, and the role of universities in them . It goes beyond the traditional economic approach of clusters and includes 'soft factors' in the explanation of regional competitiveness, and connects the literature on clusters to the literature of learning and knowledge creation as sources of regional competitiveness. It aims to foster an international and interdisciplinary exchange of perspectives by presenting current developments, case studies, best practices as well as new integrated theoretical approaches and applications.

This book gives readers the theoretical and empirical methods to analyze applied economics. They are institutional economics, information economics, environmental economics, international economics, financial economics, industrial organization, public economics, law and economics, and spatial economics. Because the chapters of this book deal with current topics in these categories, they are relevant not only to researchers and graduate students but also to policy makers and entrepreneurs. As there is uncertainty about the global economy, it is necessary to consider optimal, efficient behavior to survive in the confused world. The book is organized in three parts. Part 1 deals with institutional economics, information economics, and related topics, approached through game theory. Part 2 focuses on environmental economics, international economics, and financial economics, through a microeconomic or econometric approach. Finally, Part 3 concentrates on public economics, social security, and related fields, through microeconomics or macroeconomics.

"The Next Cold War?" sounds a warning: the United States may be contributing to another cold war through its competitive unilateral and regional economic policies. Whereas wars of the past usually resulted from political conflict, Hanson warns that a new cold war may result from economic conflict. This raises important questions for American policymakers. Will the United States be a world leader that promotes cooperation and unity, or will it seek to create competition and division? Will the United States address the basic problems of population, environmental deterioration, and economic stagnation in concert with other nations, or will it pursue narrow geopolitical and geoeconomic power strategies? This fascinating work explores both sides of these questions and poses alternatives that will promote world cooperation and unity.

The main objective of this book has been to carry out research into the definition of industrial policy and its goals; to evaluate previously-introduced policies and instruments; and to identify the future challenges for and features of a modern EU industrial policy. A modern industrial policy is seen as a non-traditional policy towards the industrial sector, based not necessarily on only the elimination of market failures (within the sectoral and/or horizontal approaches), but rather on the expanding the scope of industrial economic activities within the framework of both the pre- and post-fabrication stages. The book targets three market segments: academics; policy and decision-makers at the EU, national and regional level, as well as business practitioners. It includes a wide-ranging analysis of different spheres of industrial policies conducted within the European Union, making it of interest to an international audience. Each chapter also offers detailed and valuable comments, as well as conclusions that can be generally applied, ensuring the book's universality. The book presents the results of a research project conducted in the Collegium of World Economy at the Warsaw School of Economics.

This book compiles the presentations and discussions from the international symposium "Beyond Global Capitalism" that was held with the contributions of Emmanuel Todd, Ha-Joon Chang, and other scholars in Kyoto, Japan, in 2013. The book is intended make the reader aware that global capitalism, or globalism, has increased its power in recent years, bringing about a variety of harmful effects to the peoples of the world. Drawing upon a variety of academic disciplines including economics, political economic science, economic thought, anthropology, history, and political science, the contributors to this book identify theories and strategies for overcoming the worldwide problems that have been caused by global capitalism. The discussions presented here foster the development of theoretical and practical frameworks for a global economy that moves beyond global capitalism. They also argue for the development of a stable, rich, and resilient economy and society that enhances the well-being of people all over the world in the twenty-first century.

This book takes stock of major and recent developments in welfare policy in the UK and Germany. Concentrating on trends since the 1990s it compares the similarities and differences between the two countries and analyses the degree to which social attitudes towards welfare provision, fairness, and social justice have changed. It focuses on the policy areas that have been particularly affected in recent years and examines change and possible convergence across three public policy domains: family policy, pensions and policies aimed at social and labour market integration. The book covers both public provision as well as the role of company-based social protection. Based on new empirical survey research as well as focus group interviews, the contributions analyse the ways in which social policies have adapted to common and country-specific challenges, and provide an understanding of the changing welfare landscapes in the UK and Germany.

This book presents in a concise and accessible way why the EU institutional system exists in its present form, how the EU fits into the world as a system of governance, and who is involved in EU policy processes. It outlines the historical context which has shaped the EU system, gives a summary of the system's basic principles and structures, and describes its actors, procedures and instruments. The main theme is to show that EU decision-making is not just a matter of action at some higher and separate level, of 'them and us', but rather that it involves different forms of cooperation between European, national and regional authorities, as well as interaction between public and private actors. Numerous short case studies illustrate how people's day-to-day activities are affected by EU decisions, and how individuals' concerns are represented in the decision-making process. The book provides insights and examples which will be very helpful for all students of European integration. It will also be a valuable resource for European citizens wishing to understand the basic realities and rationales, as well as some of the dilemmas, behind EU policy-making.

This book examines key determinants of private sector development in West Africa, putting special emphasis on government s cardinal role in fostering and supporting entrepreneurship. Favorable macroeconomic conditions are identified and it is shown that adequate policies that contribute to economic diversification and industrialization are likely to expand the investment base of the economy. The book also examines new business concepts and regional integration initiatives meant to enhance West Africa s private sector and analyzes the role of finance in promoting development of private firms and the extent to which corruption impedes economic growth. All chapters are highly relevant to West Africa s current policy challenges and therefore inform the region s ongoing policy formulation. The empirical evidence supporting the policy recommendations is based on both qualitative field observations and advanced quantitative estimation techniques."

In "The America of My Dreams," an ordinary citizen shares a collection of personal opinions about the political demise of the United States and offers practical ways people can bring about meaningful change at all levels in our government.

Dom Sgambellone is not a professional politician, but a man who, for the last four decades, has witnessed the steady downfall of what once was a great country where employment was plentiful, integrity was a virtue, and everyone put their country first. Today, he claims, we live in a different America where special interest groups have been chipping away and corrupting our system, buying politicians with cash and lavish perks. While creating an awareness of America's current problems, Sgambellone provides a compendium of ideas and suggestions on how we can reclaim our country, such as: Creating a new political party Transforming the Presidential primary system Improving the court system and the election of judges Regulating certain industries to prevent another economic collapse "The America of My Dreams" provides insight and real ideas for change that will encourage all citizens to become involved and force the kind of transformation that will improve the lives of all Americans.

Trade policy has played a vital role in the decline of European electronics business. The events that resulted in the disappearance of the European television industry, of a European and Japanese video recorder format and of other European consumer electronics are directly related to market structures in exporting countries and business practices. In this book, factual business data shows and economic models explain how restrictive trade practices result in elimination of efficient competitors in export markets. It deals with the memorable case how a videocassette recorder format was established by dumping and how politics enabled it. An innovative tariff increase for CD players was invalidated by heavy dumping, causing closure of production in Europe. European CTV industry succumbed under permanent dumping and a series of biases - as the interest of a state-owned company - and serious errors making trade instruments void and rules irreconcilable with international agreements. Practical and theoretical examples and explanations, some in detail, of trade rules are provided. The book sketches events - carelessness, prejudice or special interests, arbitrary and false application of trade instruments and fraud - resulting in disappearance of various European electronics business segments.

Cashless infrastructures are rapidly increasing, as credit cards, cryptocurrencies, online and mobile money, remittances, demonetization, and digitalization process replace coins and currencies around the world. Who's Cashing In? explores how different modes of cashlessness impact, transform and challenge the everyday lives and livelihoods of local communities. Drawing from a wide range of ethnographic studies, this volume offers a concise look at how social actors and intermediaries respond to this change in the materiality of money throughout multiple regional contexts.

The book presents the lectures delivered during a short course held at Urbino University in summer 2015 on qualitative theory of dynamical systems, included in the activities of the COST Action IS1104 "The EU in the new economic complex geography: models, tools and policy evaluation". It provides a basic introduction to dynamical systems and optimal control both in continuous and discrete time, as well as some numerical methods and applications in economic modelling. Economic and social systems are intrinsically dynamic, characterized by interdependence, nonlinearity and complexity, and these features can only be approached using a qualitative analysis based on the study of invariant sets (equilibrium points, limit cycles and more complex attractors, together with the boundaries of their basins of attraction), which requires a trade-off between analytical, geometrical and numerical methods. Even though the early steps of the qualitative theory of dynamical systems have been in continuous time models, in economic and social modelling discrete time is often used to describe event-driven (often decision-driven) evolving systems. The book is written for Ph.D. and master's students, post-doctoral fellows, and researchers in economics or sociology, and it only assumes a basic knowledge of calculus. However it also suggests some more advanced topics.

Kessler shows how political considerations distorted the liberalization process in Mexico, leading to inconsistent and unsustainable patterns of financial policy. Although market reform is promoted in developing countries to improve economic efficiency and stimulate growth, in Mexico financial liberalization provided rent-seeking opportunities for privileged groups and increased the states' ability to finance politically inspired obligations. The research examines four periods: the populist administrations of Echeverria and Lopez Portillo, during which the foundations of modern financial markets were paradoxically laid; the debt-crisis years of de la Madrid, who reversed his party's political strategy by favoring the business class with financial opportunities; the economic transformation undertaken by Carlos Salinas, who mixed genuine reform with destabilizing anti-market measures; and the political watershed of the Zedillo administration, whose unpopular bank rescue gave opposition parties unprecedented power within Mexico's policy making process. Kessler also provides a comparison of financial collapse in two other emerging markets, South Korea and Russia, and examines the political roots of crisis in both countries. He concludes by suggesting how greater attention to questions of power, social organization, and challenges to state authority can help the policy-making community avoid giving well-meaning advice that is unlikely to be implemented in a sustainable way.

This book explores different approaches to defining the concept of region depending on the specific question that needs to be answered. While the typical administrative spatial data division fits certain research questions well, in many cases, defining regions in a different way is fundamental in order to obtain significant empirical evidence. The book is divided into three parts: The first part is dedicated to a methodological discussion of the concept of region and the different potential approaches from different perspectives. The problem of having sufficient information to define different regional units is always present. This justifies the second part of the book, which focuses on the techniques of ecological inference applied to estimating disaggregated data from observable aggregates. Finally, the book closes by presenting several applications that are in line with the functional areas definition in regional analysis.

This book calls for a radical reappraisal of economic policy in the UK. It argues that a much lower exchange rate is needed to re-establish sufficient manufacturing capacity to enable Britain to pay its way in the world. Mills makes the case for the removal of balance of payments constraints to achieve growth and avoid endless austerity.

This book provides an overview of the ongoing transition in China's health system, especially focusing on the new healthcare reform initiated in 2009. First, it reviews the changes in China's healthcare system from the 1950s to 2008, establishing the situation when the reform was introduced. The book subsequently analyzes the social and economic context in which the health system is embedded. Since the primary focus is on the new healthcare reform, the book introduces the blueprint and the year-for-year development of the new healthcare reform, as well as the specific reforms in health financing, public hospitals, and primary care. Given its central importance in the health system, the book also described major trends in long-term care in the past several years. In addition, it examines the health policy-making process with a case study of the New Cooperative Medical Scheme of China. Lastly, the book assesses the performance of China's health system and predicts future developmental trends.

The first book to investigate the relevance of Theodor W. Adorno's work for theorizing the age of neoliberal capitalism. Through an engagement with Adorno's critical theory of society, Charles Prusik advances a novel approach to understanding the origins and development of neoliberalism. Offering a corrective to critics who define neoliberalism as an economic or political doctrine, Prusik argues that Adorno's dialectical theory of society can provide the basis for explaining the illusions and forms of domination that structure contemporary life. Prusik explains the importance of Marx's critique of commodity fetishism in shaping Adorno's work and focuses on the related concepts of exchange, ideology, and natural history as powerful tools for grasping the present. Through an engagement with the ideas of neoliberal economic theory, Adorno and Neoliberalism criticizes the naturalization of capitalist institutions, social relations, ideology, and cultural forms. Revealing its origins in the crises of the Fordist period, Prusik develops Adorno's analyses of class, exploitation, monopoly, and reification to situate neoliberal policies as belonging to the fundamental antagonisms of capitalist society.

How are the economic policies which developing countries adopt selected and how do they change? Who are the key players in economic development policies? Professor Anil Hira answers these questions head on by suggesting new ways of looking at how ideas affect economic policy. He first traces the way that ideas become wedded to interest groups over time, and he interprets the debate over economic development policy as a series of changes in idea-interest networks, often marked by crises. He then looks closely at economic idea entrepreneurs. Through concrete case studies of networks in Latin America, with a focus on Chilean economic policy, Hira explains not only how ideas are introduced, but which ones win out in the economic policy process and why. He introduces the concept of economic knowledge networks to understand groups of economists wedded to certain sets of ideas, such as neoliberalism or structuralism. Economic knowledge networks extend beyond Latin America and can be found in such diverse places as Indonesia and Egypt. Hira identifies the characteristics of these groups and shows how they create political action through their organizational activities and ideas. Hira not only sheds light on how ideas affect economic policy, but also provides an inside story on the groups responsible for the new economic revolution that is sweeping Latin America and transforming the regional economy. An important resource for scholars, students, and policy makers involved with international political economy, emerging economies, and Latin American studies.

A tension between (richer) contributing Member States and (poorer) recipient Member States has always characterised the history of the budget of the European Union, the politics of which has often turned fraught. This volume evaluates the prospects for major change to expenditure and the structure of the budget for the period starting in 2014.