This contributed volume is the first book in English to offer a current and critical vision of regional problems and policies in the countries of Latin America. The book is in three main parts: a general overview of regional processes and trends in Latin America as a whole; country-level coverage of seven individual countries; and comparative analyses of common major problems such as migration, education, labor, poverty, decentralization, exports and foreign direct investments. Written by renowned academics and experts from the region, the book seeks to provide a better understanding of regional challenges and trends, regional disparities that exist in many Latin American countries and the increasing importance of metropolitan areas.

Research on the economic origins of democracy and dictatorship has shifted away from the impact of growth and turned toward the question of how different patterns of growth - equal or unequal - shape regime change. This book offers a new theory of the historical relationship between economic modernization and the emergence of democracy on a global scale, focusing on the effects of land and income inequality. Contrary to most mainstream arguments, Ben W. Ansell and David J. Samuels suggest that democracy is more likely to emerge when rising, yet politically disenfranchised, groups demand more influence because they have more to lose, rather than when threats of redistribution to elite interests are low.

Seekings and Nattrass explain why poverty persisted in South Africa after the transition to democracy in 1994. The book examines how public policies both mitigated and reproduced poverty, and explains how and why these policies were adopted. The analysis offers lessons for the study of poverty elsewhere in the world.

The transformation provisions have brought about a replacement of the planning system by a capitalist market system. This change engendered many positive results, but at high social costs. Some results, such as a dramatic decline in output and a decline in the standard of living have been transitory, but unemployment, widening of income inequalities, weakening of social programs and expansion of poverty are permanent features of the new system. This book examines the active employment policy and its effect, especially focusing on the social costs of transformation. It analyzes the reasons for the expansion of poverty and the chances of reducing it. Great attention is devoted to the reforms of pension and health care system. This book also discusses the performance of the economies of subject countries and gives a critical evaluation of privatization, primarily of the Czech voucher privatization.

To understand technological dependence and self-reliance in the manufacturing industries of the Third World, Sahu tests the main propositions of the two theories on technology transfer. He focuses particularly on understanding the shifting bargaining power of the multinationals, the state and private national capital; the process of acquisition, assimilation, adaptation, and generation of technology at the firm level; the role of the public sector and state regulations and control in the development of technological capability and self-reliant development; the conditions—domestic and international—that allow a developing country to move from a situation of dependency to self-reliance; and the phenomenon of reverse flow of technology from the Third World. According to Sahu, dependency theory is inadequate because of its structural mode of analysis, which portrays dependency as a determinant international structure rather than as a set of shifting constraints within which states seek to maneuver. Though its single-cause explanation of technological dependence in the Third World is helpful in explaining the phenomenon of the technological gap between India and its technology suppliers, it does not explain the growing bargaining power of the state and the national capital vis-a-vis multinationals in the last two decades. But according to Professor Sahu, the more sophisticated and dynamic bargaining framework, which considers dependency to be one of the many possible outcomes of technology transfer, helps researchers better understand the changing situations of developing countries, particularly the Indian situation since the early 1970s. An important study for researchers and policy makers dealing with economic development in emerging markets, particularly India.

India is one of the fastest growing countries in the world. However, high economic growth is accompanied by social stratification and widening economic disparity between states. This book illustrates some important aspects of underdevelopment and the process by which the underclass is left behind by focusing on the country's most neglected regions.

The contributions of this book examine contemporary dynamics of migration and mobility in the context of the general societal transformations that have taken place in Europe over the past few decades. The book will help readers to better understand the manifold ways in which migration trends in the region are linked to changing political-economic constellations, orders of power and inequality, and political discourses. It begins with an introduction to a number of theoretical approaches that address the nexus between migration and general societal shifts, including processes of supranationalisation, EU enlargement, postsocialist transformations and rescaling. It then provides a comprehensive overview of the political regulation of migration through border control and immigration policies. The contributions that follow detail the dynamic changes of individual migration patterns and their implications for the agency of mobile individuals. The final part challenges the reader to consider how policies and practices of migration are linked to symbolic struggles over belonging and rights, describing a wide range of expressions of such conflicts, from cosmopolitanism to racism and xenophobia. This book is aimed at researchers in various fields of the social sciences and can be used as course reading for undergraduate, graduate and postgraduate courses in the areas of international migration, transnational and European studies. It will be a beneficial resource for scholars looking for material on the most current conceptual tools for analysis of the nexus of migration and societal transformation in Europe.

The COVID-19 pandemic has fundamentally altered the global economic landscape, with the smallest and most vulnerable economies particularly hard hit. In the Northern Triangle countries of El Salvador, Guatemala, and Honduras, the crisis has cost lives and livelihoods. It has impacted both the demand and supply sides of the economy, posing difficult policy tradeoffs. Risks to macroeconomic stability are now growing. Each country will likely exit the crisis with an even greater need for reform. Escaping the Governance Trap: Economic Reform in the Northern Triangle provides a framework for understanding the challenges of those three Central American nations, proposing that the lack of governing capacity in each country is a crucial problem. This book argues that economic reforms can help the Northern Triangle countries escape their governance traps and identifies priority areas of economic reform. Sectors covered include fiscal policy, monetary and exchange rate policy, financial access and deterrence, and structural reforms. It also highlights the role that stakeholders like the United States can play to help in these reform efforts, and how those outcomes affect the United States and the global community. All told, Escaping the Governance Trap provides an accessible, direct account of the Northern Triangle's economic challenges and how to fix them.

Whether post-modern or pre-industrial, the economic development of societies around the world is often influenced by the whims of a capricious international political environment. Globalization and Governance in the International Political Economy investigates the impact of diverse cultures on the development and actualization of global economic entities, exploring advanced methods and best practices for the effective utilization and management of financial organizations within a globalized political context. This essential reference provides readers in both political and economic fields with insights into the challenges and opportunities posed by the political economy.

This book contributes to our understanding of the reasons for the uneven geographic emergence and distribution of innovative start-ups and human capital, analyzing the role of the regional knowledge base and specifically academic knowledge. Using extensive datasets from West German regions and advanced econometric tools, it confirms a strong relationship between the presence of higher education institutions and the emergence of innovative start-ups. It also shows that the influence increases in direct relation with the innovativeness of the respective start-up, and that certain fields of knowledge are more influential than others in fostering innovative start-ups. In a second step, the multidimensional concept of quality of life is used to explain the geography of human capital across West German regions. Based on these empirical findings, the book shares valuable insights for higher education and regional development policy.

This study develops a new indicator for national and global sustainability. The main components of the EIIW-vita indicator are: the share of renewable energy, the genuine savings rate and the relative "green export" position of the respective countries; it is in line with OECD requirements on composite indicators. As green exports are related to technological progress and environmental-friendly products, there is also a Schumpeterian perspective of this indicator. An extended version furthermore looks at water productivity. The analysis highlights the BRIICS countries as well as the US, Germany, France, Spain, Italy, the UK and Japan. Moreover the special challenges and dynamics of ASEAN countries and Asia are discussed. The book derives key implications for economic and environmental policy and shows that the new global sustainability indicator is not only relevant for green progress, but also useful as a signal for international investors. The construction of the EIIW-vita global sustainability indicator is such that investors, citizens and governments can easily interpret the results. Correlation analysis of the new sustainability indicator with the human development index indicates complementarity, so that a new hybrid superindicator can be constructed. Sustainability rhetoric dominates environmental policy. This fresh assessment of key "pillars" of sustainable economic performance and growth is a valuable contribution to greening the economy, the leitmotiv of the latest Rio Earth Summit. The book places the discussion of sustainability on solid data. The rather surprising results of its new sustainability index should make policy makers rethink their environmental and economic strategies. Prof. Dr. Peter Bartelmus Columbia University, New York Many people put the economy first when sustainability concerns are raised, while environmental indicators are often developed without a sense of socio-economic performance. This important new book bridges the gap. It sheds light on crucial indicators such as renewable energies, exporting green goods and services, genuine savings, and water productivity. And it helps to observe the impressive changes at a global scale and in countries such as China. A must read for all experts interested in those issues. Prof. Dr. Raimund Bleischwitz University College London

Since the late 1990s, there have been broad discussions concerning the rapid rise of the creative economy. Creative or cultural industry is seen as the new engine of the regional growth for both developed economies and emerging nations. At the point of transition in economy and society, China is recently striving to transform its economy from "made in China" towards "created in China". This book provides an insight into creative industries and spaces in Shanghai, which is the fastest growing megacity in China and the center of modern economic development on a global scale. Underpinned by new approaches from economic geography and urban studies, it deals with the new relations between the creative economy and urban environment in Shanghai. Over the last decade, creative clusters have been rapidly emerging in particular locations in the central city of Shanghai. This spatial phenomenon is explained in the book through an analysis of dynamics, networks and implications.

This volume examines the impact of the Millennium Development Goals (MDGs) on Africa's development post-2015. It assesses the current state of the MDGs in Africa by outlining the successes, gaps and failures of the state goals, including lessons learned. A unique feature of the book is the exposition on post-MDG's agenda for Africa's development. Chapters on poverty, south-south partnership, aid, gender, empowerment, health as well as governance and development explore what feasible alternative lie ahead for Africa beyond the expiry date of the MDGs.

This book represents a comprehensive state-of-the-art picture of entrepreneurship and small business management issues in the Balkans region. It provides major theoretical and empirical evidence that offers a brighter view of these fields and aims to open up opportunities for greater dialogue in public policy. The readers would be able to enhance their knowledge on small businesses and innovation issues in the Balkans. An outcome of a long lasting endeavour, this book includes contributions of highly reputed authors and experts from the Balkans' countries. Features forewords by two well-known personalities of this field, Leo Paul Dana and Alain Fayolle.

Andrea Simonelli provides the first in-depth evaluation of climate displacement in the field of political science, specifically global governance. She evaluates four intergovernmental organizations (UNHCR, IOM, OCHA and the UNFCCC), and the structural and political constraints regarding their potential expansion to govern this new issue area.

This book makes original contributions to the literature on clusters, human capital, and regional development by focusing on the link between entrepreneurship and economic growth, aiming for a better understanding of the dynamics of growth determined by the entrepreneur's action in the regional space. The focus is therefore on critical reflection and rethinking the articulation between three levels of analysis of economic systems, namely entrepreneurship, human capital and regional development, which have not so far been perfectly articulated in the literature of reference on endogenous growth. Although there has been significant research so far into the success and failure of clusters, the implications of these multiple research efforts fail to provide political decision-makers and company managers with critical information about which mechanisms lie behind cluster success and also about how clusters survive and prosper. The innovative approaches presented in this book on entrepreneurship, human capital mobility and regional development have considerable potential to create new and original implications for decision-makers and managers. In terms of value added, this book contributes to the literature by seeking answers to the following questions: (i) Is the growth and success of clusters over time due to concentration and transmission of business competences through spin-offs located in a given regional space? (ii) Does increased density of job options outside the workplace contribute to increased mobility of human capital between firms located within clusters, and so improve coordination in the local labor market? (iii) Do spin-offs benefit from hiring workers from successful incumbents, inasmuch as those workers are expected to perform better than other workers from different origins? Integrating theoretical frameworks, empirical research, and regional case studies (from Portugal, Spain, Norway and Turkey), the editors and contributors demonstrate that the regional dynamics of industry growth are strongly influenced by the mobility of employees towards new firms.

In recent years, social innovation has experienced a steep career. Numerous national governments and large organisations like the OECD, the European Commission and UNESCO have adopted the term. Social innovation basically means that people adopt new social practices in order to meet social needs in a different or more effective way. Prominent examples of the past are the Red Cross and the social welfare state or, at present, the internet 2.0 transforming our communication and cooperation schemes, requiring new management concepts, even empowering social revolutions. The traditional concept of innovation as successful new technological products needs fundamental rethinking in a society marked by knowledge and services, leading to a new and enriched paradigm of innovation. There is multiple evidence that social innovation will become of growing importance not only concerning social integration, equal opportunities and dealing with the greenhouse effects but also with regard to preserving and expanding the innovative capacity of companies and societies. While political authorities stress the social facets of social innovation, this book also encompasses its societal and systemic dimensions, collecting the scientific expertise of renowned experts and scholars from all over the world. Based on the contributions of the first world-wide science convention on social innovation from September 2011 in Vienna, the book provides an overview of scientific approaches to this still relatively new field. Forewords by Agnes HUBERT (Member of theBureau of European Policy Advisers (BEPA) of the European Commission) and Antonella Noya (Senior Policy Analyst at OECD, manager of the OECD LEED Forum on Social Innovations)

In the 1990s, Yugoslavia, which had once been a role model for development, became a symbol for state collapse, external intervention and post-war reconstruction. Today the region has two international protectorates, contested states and borders, severe ethnic polarization and minority concerns. In this first in-depth critical analysis of international administration, aid and reconstruction policies in Kosovo, Jens Stilhoff Soerensen argues that the region must be analyzed as a whole, and that the process of state collapse and recent changes in aid policy must be interpreted in connection to the wider transformation of the global political economy and world order. He examines the shifting inter- and intracommunity relations, the emergence of a "political economy" of conflict, and of informal clientelist arrangements in Serbia and Kosovo and provides a framework for interpreting the collapse of the Yugoslav state, the emergence of ethnic conflict and shadow economies, and the character of western aid and intervention. Western governments and agencies have built policies on conceptions and assumptions for which there is no genuine historical or contemporary economic, social or political basis in the region. As the author persuasively argues, this discrepancy has exacerbated and cemented problems in the region and provided further complications that are likely to remain for years to come.

Beliefs held by US and European elites about unregulated markets and a currency union without fiscal union led to a transatlantic crisis unmatched in severity since the Great Depression. Leading scholars of elites analyze how elites have responded to the crisis, are altered by it and what this 'hour of elites' means for democracy.

This book examines the politics of cancer, explains how our government is intrinsically tied to cancer research efforts, and documents how major political actors make cancer policy and are influenced in their decision making by political, social, scientific, and economic variables. Is whether we contract cancer—and whether we survive the disease, if we get it—largely just a result of good versus bad luck, or are these outcomes regarding cancer tied to the policies and actions of our federal government? Cancer-treating drug development and approval is overseen by the U.S. Food and Drug Administration, billions of dollars of federal money are devoted towards cancer research, and exposure of citizens to potentially cancer-causing environments or chemicals is regulated by the Environmental Protection Agency. Additionally, all of these factors can be affected by the political motivations of our most powerful politicians. The Politics of Cancer: Malignant Indifference analyzes the policy environment of cancer in America: the actors, the political institutions, the money, and the disease itself, identifying how haphazard U.S. government policy toward cancer research has been and how the president, Congress, government bureaucracies, and even the cancer industry have failed to meet timelines and make the expected discoveries. Whitman Cobb examines funding for the National Cancer Institute and the roles of the executive, Congress, policy entrepreneurs, and the bureaucracy as well as that of the state of cancer science. She argues that despite the so-called "war on cancer," no strategic, comprehensive government policy has been imposed—leading to an indecisive cancer policy that has significantly impeded cancer research. Written from a political science perspective, the book enables readers to gain insight into the realities of science policy and the ways in which the federal government is both the source of funding for much of cancer research and often deficient in setting comprehensive and consistent anti-cancer policy. Readers will also come to understand how Congress, the president, the bureaucracy, and the cancer industry all share responsibility for the current state of cancer policy confusion and consider whether pharmaceutical companies, for-profit cancer treatment hospitals, and interest groups like the American Cancer Society have a personal incentive to keep the fight alive.

The book examines the 'Pink Tide' of leftist governments in Latin America struggling against neoliberal hegemony from a critical International Political Economy perspective. Focusing particularly on Venezuela and Brazil, it evaluates the transformative and emancipatory potentials of their political projects domestically, regionally and globally.

This book offers a collection of original, state-of-the-art essays addressing various aspects of the economic analysis of inequality, deprivation, poverty measurement and social polarization, at both the theoretical and empirical level. Written by leading authorities in the fields of distributional analysis and normative economics, the respective chapters present detailed overviews of cutting-edge literature, as well as stand-alone research. Compiled as a tribute to Satya Ranjan Chakravarty's lifetime contributions in the fields of normative economics and distributional analysis, it represents an indispensable resource for researchers, policymakers and doctoral students working on issues pertaining to income/wealth distribution, social inclusion and poverty reduction.

The First and Second Industrial Revolutions were about energy: steam power revolutionized 19th-century Great Britain and electric power revolutionized 20th-century America. Yet political economy, the science of wealth born of the First Industrial Revolution, is devoid of energy, focusing instead on machinery or capital. According to basic mechanics, tools per se are not productive, as they are not source of energy. This book uses basic mechanics and thermodynamics to reexamine the rise of political economy as the science of wealth in the 19th and 20th centuries. The study shows that the failure of generations of political economists to formally incorporate energy into their models of production and distribution has led to the unfortunate state in which economics currently finds itself. With the inclusion of energy, important insights result. For instance, the Solow Residual in both 19th-century Great Britain and 20th-century America disappears.

Unlike previous critiques of political economy, this analysis is constructive in nature, using past shortcomings and oversights as a springboard to a more consistent model of economic activity, especially production. The book is the first of its kind to use basic physics and thermodynamics as a guide to the First and Second Industrial Revolutions, and more importantly, to show how political economists from Smith to Fisher have attempted to understand these two energy-based Industrial Revolutions.

Margot P. C. Weijnen, Zofia Lukszo and Geert Deconinck Abstract The infrastructures for electric power and information and telecommunication services are critical enablers for all economic activity. Both of these infrastructure systems evolved over time as networks-of-networks in an institutionally fr- mented landscape. In understanding and steering the emergent behaviour of these infrastructure systems both their physical network complexity and their social n- work complexity pose a formidable challenge. On top of the socio-technical c- plexity of the electricity infrastructure and the information and telecommunication infrastructure as such, the two infrastructure systems show unprecedented mutual interdependency. Unravelling this multi-level interdependency and identifying strategies to curb the new risks and vulnerabilities it implies for the reliability of electric power services is the goal of this book. It clearly shows that technical so- tions alone will not suffice to ensure the future reliability and security of electricity infrastructure operations. Keywords Cybersecurity * infrastructure vulnerability * infrastructure depend- cies * power systems 1. 1 Infrastructures Are Critical Infrastructures are the backbone of the economy and society. Especially the network bound infrastructures operated by public utilities and network industries provide essential services that are enabling for almost every economic and social activity. M. P. C. Weijnen (*) and Z. Lukszo Technology Policy and Management, Delft University of Technology, P. O. Box 5015, 2600 GA Delft, The Netherlands e-mail: M. P. C. Weijnen@tudelft. nl; Z. Lukszo@tudelft. nl G. Deconinck K. U.