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This book takes a fresh and much needed perspective on the challenges of trade policy and explores possible futures for trade policy development. By taking the perspective of business studies, the book does not only focus on the economic, policy, or legislative perspectives, but views trade policy as a part of international business environment. The purpose of this book is to bring forward discussions on trade policy development and future development needs and offers a comprehensive read for international business researchers, practitioners and policymakers regarding the interconnections of trade policy and international business.
Our world is changing fast. Countries¿ transport systems, which have long been shaped by project-by-project considerations, must help achieve higher-level goals for the well-being of mankind, as embodied by the UN's Sustainable Development Goals and the Paris Climate Agreement. New forces impose greater effectiveness in the way public choices are made, such as making better use of data and technologies, adopting a more inclusive and participatory approach to decision making, and addressing social concerns about equity. Transport practitioners and country decision-makers have been looking for structured and coherent guidance about ways to adjust to these new dynamics and change the trajectory of transport system. This book examines the rationale for and details an innovative approach for public decision-making to expedite the pace to sustainable mobility.
The countries in the Western Balkans have been severely affected by the wars and conflicts that led to the breakup of former Yugoslavia, by political instability and the effort of creating new states, weak economies and high levels of unemployment, poverty and social exclusion, and inequality. As revealed by recent surveys, such as EBRD¿s Life in Transition Survey and Eurofound¿s European Quality of Life Survey, life satisfaction in the region is far below that elsewhere in Europe. In recent years they had achieved a strong impetus of economic growth with falling rates of unemployment and increasing optimism for the future. However, the COVID-19 pandemic of 2020 has brought about a sudden reversal of these trends and a renewed deterioration in the economic outlook, and an increase in social hardships that heralds a repeat of past failures in economic inclusion policies. This book identifies the key challenges in the areas of economic inclusion, focusing on thethemes of labour markets, vocational education and skills, female entrepreneurship and the integration of migrants. It considers the opportunities for solutions to ¿build back better¿ once the recovery from the COVID-19 crisis begins, and offers proposals for more acceptable, equitable and effective economic inclusion policies.
This book is a machine-generated literature overview that explores the theoretical and empirical aspects of economics of natural disasters such as floods, cyclones, droughts, and earthquakes from a policy perspective. It provides a comprehensive collection of economic theories in Disasters and empirical findings that would benefit scholars in academia and policy-making. On the theory side, there is a growing use of game theory, Input-Output, computable general equilibrium models, and Catastrophe models to analyze the economic impacts of natural disasters. These models provide optimal decisions for the government concerning disaster relief. On the empirical front, studies showing causal and associative relationships between disasters and socio-economic variables are important for estimating disaster-related losses and making appropriate policy suggestions.The book explores different critical aspects and interlinkages of natural disasters; economic, social, and political. Besides having localized effects, disasters influence macroeconomic parameters, such as impacts on international trade and foreign direct investment. Moreover, the effects of disasters are subject to interventions from various national and international agencies. It discusses fiscal pressures caused due to disasters and existing policies related to disaster-risk mitigation and management as a guide to policy-making. It is an important guide to researchers and policymakers examining the socio-economic impact of natural disasters and public investment for disaster-risk mitigation.
< p="">This book is a machine-generated literature overview that explores the interlinkages between communities, both rural and urban, and how they are dependent on natural resources and ecosystem services for livelihoods. With increasing urbanization and changing land use, sourcing food, fuel, and other basic needs from forests and grasslands is turning into a significant challenge, especially in the developing world where they have to balance regional aspirations against the environmental impact and legacy for forthcoming generations. As sources of sustainable livelihoods decline, it affects their ability to overcome poverty. Furthermore, economic impacts on the natural capital can undermine the long-term sustainability of communities, and negatively affect their health and well-being.To ensure economic growth and sustainable livelihoods, it is imperative to rethink how economic growth and agriculture can reduce their impacts on the natural environment. How dowe integrate economic, social, and environmental aspects into our economy? The book will discuss aspects of sustainable consumption, conservation of ecosystems and biodiversity, and making rural communities resilient to the impacts of climate change. By recognizing the economic value of ecosystem services, decision-makers can better understand the benefits and costs of different land uses and resource management practices and make more informed choices that promote sustainable livelihoods and natural capital conservation. The book will be a great resource for policy-makers, students of economics and sustainable development, non-governmental organizations working in this field, and corporate managers who are responsible for allotting budgets towards corporate social responsibility programs.^
This book focuses on the recovery and new normal in a post-Covid scenario, drawing important lessons from the pandemic and proposing new ideas for sustainable development, endogenous dynamism, and inclusive growth. The book presents different ideas and perspectives about the present and the future, reflecting on four main fields of our economic reality: macroeconomics, governments, technology, and society. It discusses important topics for future economic scenarios, beginning with an estimation of the economic consequences of the absence of an equitable distribution of vaccines. Further topics discussed include the government's debts sustainability, the probability of an inflation/deflation or of a stagflation scenario, as well as the impact of US and European economic policies on economic growth. The book further investigates the economic costs of the pandemic, which have fallen most heavily on those least able to bear them. It examines governments subsidies, which supported people and firms through wage subsidies, unemployment benefits, and other fiscal measures, and discusses the question of whether more investment in health care, education, and other public services will still be needed. In a time of immense change and global challenges, this book is a must-read for scholars, researchers, and students of economics, as well as policy-makers interested in a better understanding of economic growth, energy, environment, migration, development, digital transformation, and demography.
WINNERS OF THE 2024 NOBEL PRIZE FOR ECONOMICSLONGLISTED FOR THE BAILLIE GIFFORD PRIZELONGLISTED FOR THE FINANCIAL TIMES AND SCHRODERS BUSINESS BOOK OF THE YEARSHORTLISTED FOR THE LIONEL GELBER PRIZEA FINANCIAL TIMES TECHNOLOGY BOOK OF THE YEARUPDATED WITH A NEW PREFACE'The blueprint we need for the challenges ahead' Shoshana Zuboff'If you are not already an addict of Daron Acemoglu and Simon Johnson's previous books, Power and Progress is guaranteed to make you one' Jared Diamond'A breathtaking tour of the history and future of technology' Abhijit Banerjee and Esther DufloA bold new interpretation of why technology benefits the elites - and how we must reshape the path of innovation to create true shared prosperity. A thousand years of history make one thing clear: progress is not automatic but depends on the choices we make. Much of the wealth generated by agricultural advances during the Middle Ages was captured by the Church while the peasants starved. The first hundred years of industrialization delivered stagnant incomes for workers, while making a few people rich. Throughout the world today, digital technologies and artificial intelligence increase inequality and undermine democracy. It doesn't have to be this way. Power and Progress demonstrates that the path of technology was once - and can again be - brought under control. With their breakthrough economic theory and manifesto for a better society, Acemoglu and Johnson provide the vision to reshape how we innovate so we can create real prosperity for all.Daron Acemoglu and Simon Johnson were awarded the Nobel Prize in Economic Sciences on 14 October 2024.
This edited volume discusses the life and scholarship of Friedrich Engels. Written to commemorate the two-hundred-year anniversary of Engels' birth, the contributions take a look into his research from a variety of viewpoints, trace the influence of his predecessors, and critically evaluate his place within 19th century scholarship. In addition, specific topics are taken up, such as his (mis)assessment of American capitalism, his influence on the Italian labor movement, the thematization of social problems and the relevance of his thought in a global economy. Providing a fresh look at the co-founder of scientific socialism, this volume will be of interest to researchers and students of contemporary political, social and economic systems, the history of economic thought, and political history.
Why the neglected third volume of Capital holds the key to Marx's theory of value
British government pronouncements since Russia's 24 February 2022 invasion of Ukraine have been resolute yet self-congratulatory. The UK is leading the way among western allies in providing Ukraine with the support it needs. Putin's regime is globally isolated as never before. The Russian economy is crumbling under unprecedented sanctions. Let's stick with the plan. Our strategy is working! But is that really true? How engaged was the Conservative government in efforts to prevent conflict in Ukraine after tensions with Russia ramped up ten years ago? Have any of the seven Foreign Secretaries since 2014 altered Putin's calculus? Have western sanctions really worked? And does 'the best diplomatic service in the world' have the skills to understand and outsmart Russia? From seeing Putin in Northern Ireland in 2013, to living through the expulsion of British diplomats from Moscow in 2018, then authorising sanctions against Russia in 2022, Ian casts a sceptical eye over these questions. Ian Proud was a member of HM Diplomatic Service from 1999 to 2023. Ian organised the 2013 G8 Summit in Northern Ireland which marked Vladimir Putin's last visit to the UK. From July 2014 to February 2019 he was posted to the British Embassy in Moscow where he advised UK Ministers on sanctions against Russia. He was Chair of the Russia Crisis Committee, Director of the Diplomatic Academy for Eastern Europe and Central Asia, and Vice-Chairman of the Board of the Anglo-American School of Moscow. He speaks Russian and is a Fellow of the Chartered Institute of Personnel Development.
"The book is relevant to persons interested in public governance, comparative politics and the politics of Brazil, Russia, and the United States. It would also be accessible to Ph.D. and motivated upper-division students, and to practitioners. The arguments are presented rigorously, but also in a captivating manner"--
"The book is written for the general reader concerned with ideological polarization in the world today. It analyses current ideologies as part of cultural worldviews characteristic of the modern era, and suggests ways for furthering political stability and social harmony"--
Exposure to Social Networking in the Organized EconomyIntroduction: Embark on a journey into the dynamic world of online social networking with "Exposure to Social Networking in the Organized Economy." This insightful book unravels the intricacies of social networking services (SNS) and their profound impact on how we build connections, exchange information, and navigate the digital landscape. Dive into the evolution of SNS, from their early origins to their pivotal role in today's interconnected world.Why Read "Exposure to Social Networking in the Organized Economy"? "Exposure to Social Networking in the Organized Economy" offers a deep dive into the world of online social networking, providing valuable insights into the platforms that have become an integral part of our daily lives. Whether you're a social media enthusiast, a professional looking to leverage SNS for career growth, or simply curious about the digital age, this book offers a compelling exploration of how SNS have transformed the way we connect, communicate, and collaborate.Discover the profound impact of SNS on our interconnected world and gain a new perspective on their role in shaping the organized economy. Order your copy today and uncover the secrets to successful engagement in the digital era.
This is the history of the institutions and individuals who have managed the global economy, from the World Monetary and Economic Conference in the wake of the Great Depression to the present, as leading nations tackle the fallout from Covid-19 and the threats of inflation, food security and climate change. Since the Second World War, organisations created at Bretton Woods - the International Monetary Fund and the International Bank of Reconstruction and Development - and afterwards - the General Agreement on Trade and Tariffs and the Organisation for Economic Co-operation and Development - have left an indelible mark on our contemporary world.Martin Daunton examines the swings of the pendulum over ninety years between the forces of democracy, national determination and globalization. He shows that the structures of economic government have been overwhelmingly shaped by 'first world' powers, often to the dismay of developing countries. He argues that whilst structures cannot be separated from the politics of and between the biggest economies, future global recovery rests on the reduction of inequality and that multilateral institutions are fundamental in fostering inclusive growth.
What can the fall of Rome teach us about the decline of the West today? A historian and a political economist, both experts in their field, investigateOver the last three centuries, the West rose to dominate the planet. Then, suddenly, around the turn of the millennium, history reversed. Faced with economic stagnation and internal political division, the West has found itself in rapid decline.This is not the first time the global order has witnessed such a dramatic rise and fall. The Roman Empire followed a similar arc from dizzying power to disintegration - a fact that is more than a strange historical coincidence. In Why Empires Fall, historian Peter Heather and political economist John Rapley use this Roman past to think anew about the contemporary West, its state of crisis, and what paths we could take out of it.In this exceptional, transformative intervention, Heather and Rapley explore the uncanny parallels - and productive differences - between the two cases, moving beyond the familiar tropes of invading barbarians and civilizational decay to learn new lessons from ancient history. From 399 to 1999, the life cycles of empires, they argue, sow the seeds of their inevitable destruction. The era of western global domination has reached its end - so what comes next?
This book examines the need for greater legal coherence within international trade negotiations between the European Union (EU) and external trade relations. An introspective analysis of EU trade law and policy is presented that highlights the complex issue of EU unity. A particular focus is given to the Doha Round and the General Agreement on Trade in Services, with empirical analysis placing the negotiations not just within the context of international trade law, but also within broader social and political contexts.This book aims to provide an interdisciplinary understanding of the EU's international trade negotiations. It will be relevant to researchers and policy-makers interested in international trade and EU law.
This book gathers selected contributions in the field of civil and construction engineering, as presented by international researchers and engineers at the 3rd International Scientific Conference on Socio-Technical Construction and Civil Engineering (STCCE), held in Kazan, Russia on April 21-29 2022. The book covers a wide range of topics including building constructions and structures, bridges, roads and tunnels, building materials and products, energy efficiency and thermal protection of buildings, ventilation, air conditioning, gas supply and lighting in buildings, innovative and smart technologies in construction, transport system development. The contributions, which were selected by means of a rigorous international peer-review process, highlight numerous exciting ideas that will spur novel research directions and foster multidisciplinary collaborations.
This book presents an alternative, critical perspective on the political economy of development and business. The everyday issues experienced by those on the margins are examined to highlight the Eurocentric bias at the centre of development theory, public policy, and business practices. Ruling class projects within these areas are critically evaluated in order to present a vision of development that recognises pluralistic traditions and people's everyday experiences. Eurocentric liberal myopia and its praxis are outlined in development theory, public policy, and business practices. Particular focus is given to tribal planning, needs based development, public private partnerships, modes of capital accumulation, conscious capitalism, and creative business education.This book stands in defense of critical inquiry and pluriversal knowledge against the monolithic knowledge traditions and use of ruling class projects in development, public policy, and business ethics. It aims to explore new forms of economic transformation that are inclusive and worker led. It will be relevant to students and researchers interested in the political economy, development economics, and international business.
This book discusses the role of the property market cycle in real estate valuation. Challenging traditional property valuation methods that rely on current market conditions and economic trends, this book argues for a re-evaluation of the relationship between property valuation and cycles in property markets. The book is divided into two parts. The first part gathers research on property market cycle analysis and the delicate problems dealing with property market information including the development of the real estate market index, appraisal bias, and the use of time series in plotting the market cycle. The second part proposes several possible modifications to the traditional income approach methodologies, including cyclical capitalization and the hedonic price method. Furthermore, this part also addresses the need for amendments to current s property valuation standards and institutional regulations. Written by an international cross-section of expert voices in market cycles and property valuation, the book is a comprehensive resource for any researcher or upper-level student studying economic volatility.
This book reviews the basic process of Chinäs fourteen five-year plans with systematic theoretical overview and rich historical data and moves on to discuss the theoretical logic of plan-based state governance. The authors hold that the five-year planning system with Chinese characteristics is a flexible planning system; through adaptive macro-planning and incentive target governance, it mobilizes government, market and social forces to work together to fulfill national objectives and is a representative mechanism of the state governance system and a symbol of modernized state governance capacity.From an academic point of view, it theoretically answers questions about what, why and how concerning the five-year plans. From an interdisciplinary perspective, it explores the theoretical logic and experience of plan-based governance by combining Marxism, western theories, and the science of history. Also, it tries to represent historical facts based on a vast literature about the history of CPC and PRC, reviews historical details of the previous thirteen five-year plans, and describes the great journey of the plan preparation and implementation under the CPC leadership.This book has been published in Simplified Chinese (Peking University Press) and Traditional Chinese (Hong Kong Open Page Press). It has won the 2021 Annual Books of China Economics Education and Research Network, the first prize of excellent Works of the First Young Marxism Prize, 100 "Red Classic Reading" recommended reading books of Jiangsu National Reading Activity Leading Group celebrating the Centennial of the Founding of the Party, and Jintai Good Books of People's Daily Library.
This book provides answers to fundamental questions of sustainable development and international cooperation in light of irreversible globalization. Based on comprehensive research and a wealth of experience from his own political activities, the author offers an insightful analysis of the globalized economy and its political, cultural and ecological context. Presenting an objective assessment, the author diagnoses the state of affairs and formulates recipes to overcome present day challenges, such as income inequalities, climate change, demographic imbalance and the new Cold War, which overlap with the "e;black trinity"e;: populism, nationalism and authoritarianism. "e;Grzegorz Kolodko is one of the most acute observers of the international economy, based on long experience both as a practitioner and as an academic. His writings are always an important starting point for debate and discussion about the political economy of globalization."e;Francis Fukuyama, Stanford University, author of "e;The End of History"e;"e;Grzegorz Kolodko unites deep policy experience, a vast breadth of observation and a solid grip on real-world economics in his case for a new pragmatism. For all involved in the causes of peace, justice, shared prosperity and public purpose, he is a leader and an ally."e;James K. Galbraith, The University of Texas at Austin"e;Dr. Kolodko delivers comprehensive and inspiring economic analysis, drawing on his rich historical political leadership. His probing and insightful assessment of globalization in today's and tomorrow's world is a must read."e;Rev. Jesse L. Jackson, President of Rainbow Coalition and International Civil Rights Activist
Das deutsche politische System mit seinen 17 Staaten und ca. 11.000 Kommunen ist in einer chronischen Krise. Es ist so, wie es heute ist, nicht zureichend in der Lage, schnell und agil, effektiv und effizient Probleme zu lösen. Es lähmt Wirtschaft und Gesellschaft mit langwierigen Verfahren und mit einer wachsenden Regulierungs-Komplexität, behindert damit Innovationen, befördert gesellschaftliche Konflikte und belastet den Wirtschaftsstandort Deutschland.Diese Gebrechen des deutschen politischen Systems sind systembedingt. Sie sind nicht auf das Handeln oder Denken einzelner Politiker oder Parteien zurückzuführen. Sondern auf die Strukturen, in denen sich die Politiker und Parteien bewegen müssen. Diese Strukturen unseres deutschen politischen Systems wurden im 20. Jahrhundert geschaffen. Sie passen nicht mehr zu den Anforderungen und Herausforderungen des 21. Jahrhunderts.Deshalb braucht es einschneidende Strukturreformen im deutschen politischen System. Keine Reformenmit Trippelschritten, sondern mit einem Quantensprung. Und mit dem Mut, Neuland zu betreten. Mit dem Mut zur Disruption.
Angesichts seiner fast 1,4 Milliarden Einwohner, seiner wirtschaftlichen Entwicklung und geopolitischen Attraktivität hat Indien das Potenzial, eine führende Weltmacht zu werden. Ein Großteil dieses Potenzials ist Wirklichkeit. Indien ist heute vor China die am schnellsten wachsende Volkswirtschaft der Welt. Aber Indien kämpft nicht nur mit seiner Zukunft, sondern auch mit Herausforderungen der Gegenwart, wie der Armut und ernsthafter Umweltbedenken. Unter der Annahme, dass China morgen aufhört zu wachsen, und dass Indien jährlich um 7 bis 8 Prozent wächst und sein Einkommen alle zehn Jahre verdoppelt, würde Indien China immer noch nicht vor 2050 einholen. Ohne wirtschaftliche und technologische Schlagkraft werden Indiens Ambitionen, bald eine Großmacht zu werden, genau das bleiben: Ambitionen.Das Buch besteht aus deutsch- und englischsprachigen Beiträgen und umfasst Themen wie das soziale und kulturelle Fundament Indiens, die Ökonomie Indiens, das Finanzwesen und die indische Politik vor dem Hintergrund regional und globaler Strukturen oder Indiens strukturelle Herausforderungen, wie z.B. die Frage der Nachhaltigkeit sowie der Urbanisierung und Digitalisierung.
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