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Wage-Fixing: Stagflation - Volume 1 (Routledge Revivals: Stagflation)
Par J. Meade. 1982
This reissue, first published in 1982, is the first of two volumes on the causes and cure of Stagflation -…
the two-headed monster that combines mass unemployment with rapid inflation, which affected contemporary economies across the industrially developped world in the 1970s. Professor Meade outlines the nature of the problem, contrasting the Great Slump of the 1930s with the Great Stagflation of the 1970s and comparing the Orthodox Keynesian and Monetarist approaches with the New Keynesian strategy. Various proposals for the reform of wage-fixing institutions are discussed, including the limitation of trade-union bargaining powers, an official incomes policy, labour management and ownership in business, and tax or subsidy measures to discourage inflationary rises in wages and prices. The book will be essential reading for all concerned with both the theory and policy of contemporary macroeconomics, industrial relations, labour economics and labour law. It has been written so that the general argument in the main text is accessible to the general reader as well as of interest to the professional economist.First published in 1971 this volume applies the tools of static and of dynamic analysis (outlined in The Stationary Economy…
and The Growing Economy) to the control of a dynamic economy. This involves a discussion of subjects such as the theory of indicative planning, and the planning by the government of its monetary, fiscal, and incomes policies for the purposes of the short-run stabilization of the economy and of ensuring the best long-run use of the community’s resources. Special emphasis is laid on the planning of such policies in conditions in which many future events remain inevitably uncertain. This book considers these issues in relation to a competitive, free-enterprise economy; and little or no reference is made to problems of monopoly or of distinctions between social and private costs and benefits, due to indivisibilities and externalities in economic life.Finance in Developing Countries
Par P.C.I. Ayre. 1977
First Published in 1977. This issue of the Journal is devoted to papers dealing with various features of the financial…
process in developing countries progress. While the majority of papers included deal with various aspects of the domestic financial system, a paper is included which lies in the field of international finance and there are two papers within the field of public finance as conventionally defined.Corporate Governance and Banking in China (Routledge Contemporary China Series)
Par Michael Tan. 2013
As China began its economic reforms in the late 1970s and made a transition from planned to a market economy,…
corporate governance of the banking sector became an increasingly pressing issue. Further, in the aftermath of the Asian Financial Crises in the late 1990s, Chinese authorities became acutely aware of the importance of corporate governance to ensure that their banking system would not suffer similar fates to those of other Asian countries. This book examines corporate governance in city commercial banks, which are the main source of loans to the dynamic small and medium enterprises that are crucial to the development of China’s economy. By the end of 2008, there were 136 city commercial banks in China, 13 of which had foreign partners, and this book clearly demonstrates the positive effect of these foreign partnerships on corporate governance practices, in addition to financial performance. With evidence from extensive interviews with 10 city commercial banks in China, Michael Tan explores the different models of corporate governance, and in turn, asks which model is most suitable to China, how are Chinese authorities overcoming problems with corporate governance, and how do these problems compare with those in other transition economies? Whilst the primary focus of this study is on China's city commercial banks, there are lessons that apply much more broadly to the industry and it therefore will be invaluable to foreign banking institutions wishing to invest in China. This book will also be of great appeal to students and scholars of Chinese business and economics, corporate governance and banking.Regional Policy in Europe (Regions and Cities #Vol. 11)
Par S. S Artobolevskiy. 1997
Based on the author's extensive research in the field, this book analyzes regional policy for the whole of Europe. Comparing…
East and West, it offers a new model of regional policy and gives an overview of the direction that it may take in Europe as a whole. Topics covered include: the evaluation of regional policy; its main aims; its "infrastructure" in Western Europe; its form in Eastern Europe; and the development of regional policy from 1917 to the 1990s. The book is intended for professionals and academics working in the areas of regional studies, economics and policy studies.The Structure and Reform of Direct Taxation (Routledge Revivals)
Par James Meade. 1978
First published in 1978, The Structure and Reform of Direct Taxation presents the full findings and recommendations of the ‘Meade’…
committee set up by The Institute for Fiscal Studies. It represents the most important contemporary examination of the structure of UK taxation and direct taxation systems in general. The results of two years’ intensive research and discussion by this independent committee are presented as a report under the joint authorship of an outstanding team of tax experts. The committee brought together professional practitioners-lawyers, accountants and taxation administrators-and academic specialists in fiscal studies, and here provides a unique review of direct taxation which is comprehensive, singularly original and full of good sense.The book begins with a return to first principles, restates the objectives of a good tax system and analyses existing structures. It goes on to examine the feasibility of basic reforms which would allow the system to become more straightforward in operation and which would base taxation on what individuals take out of the economy rather than on what they put into it.Global Competition and the Labour Market (Routledge Studies in Global Competition)
Par Nigel Driffield. 1996
This study combines an industry level and a firm level analysis on the wage and employment effects of multinational companies.…
This has not been attempted in any previous work. In view of the results, important questions are raised regarding how global changes in the structure of production may affect labour markets and the organisation of work in the future.Jeffrey James is one of the relatively few academics to have systematically taken on the topic of IT and development.…
In this timely book he undertakes a methodological critique of prominent topics in the debate. Challenging the existing literature by international and governmental institutions, the book looks not only at the digital divide but also at issues such as digital preparedness, leapfrogging and low-cost computers. James also raises important issues which have been largely neglected in the literature, such as the implications for poverty in developing countries and the macroeconomics of mobile phones. The book argues that benefits from IT are captured in a different form in developing as opposed to developed countries. In the latter, gains come from technology ownership and use, whereas in the former, benefits cannot be captured as much in this way because ownership is more limited. Interestingly, the author shows that developing countries have responded to this distinction with a series of local innovations which are often low-cost and pro-poor. This finding contradicts the widely held view that poor countries are unable to generate major innovations within their own borders. Accessible and clearly written, this book will be of great interest to scholars of development economics and development studies, and is relevant to both policy-makers and academics.This fascinating collection presents industrialization as a total historical process involving the destruction of one world simultaneously with the creation…
of another. Divided into two sections, it deals with elements of life such as the organization of labour, the health of the nation, rural and industrial societies, and poverty. The first section (The Expanding Economy) outlines the process by which economic growth took place and the second (The Social Impact) shows the impact this growth had on the society which both promoted and resisted it.J.C. Fischer and his Diary of Industrial England: 1814-51
Par W. O. Henderson. 1966
This book was first published in 1966. It was surprising that so small and so remote a country as Switzerland…
should have played such an important part in the industrial revolution on the Continent in the nineteenth century. A lack of natural resources and basic raw materials and population of 1,687,000 in 1817, faraway trade ports, and until 1848 no real central government with the administrative structure to support expansion of manufacturers. However, the people were hardworking, thrifty and high standards of workmanship; and had good relations with France and Germany, which saw the watchmakers, silkweavers and chocolate crafters start to thrive. Johann Conrad Fischer was typical of the entrepreneurs who laid the foundations of Switzerland's prosperity with his steelworks.Economic Behaviour: An Introduction (Routledge Revivals)
Par Colin Harbury. 1980
First published in 1980, Economic Behaviour: An Introduction has been written specifically to speed up the settling-in process of students…
new to the subject of economics. It starts at the shallow end with the family budget and proceeds via an examination of business decision-taking to the analysis of supply and demand in goods and factor markets. The second half of the book deals with the major macroeconomic aggregates, national income, employment and the price level – giving both Keynesian and Monetarist approaches a fair hearing. The book ends with two chapters on economic policy and concludes with a chapter on methods of building and testing economic models – a subject which is both interesting and useful by the time students have grasped the essence of economic analysis. Throughout, the author makes economics relevant and at the same time presents basic theoretical techniques of analysis and controversies in a manner which makes translation to one of the major standard theory texts as smooth as possible.The Two Nations: A Financial Study of English History
Par Christopher Hollis. 1935
This book was first published in 1935. An exploration of the 'two nations' looking the medieval managed currency and its…
collapse, the failure of the Stuarts through to Bishop Berkeley, the corn law revolts, Ireland and America, to the 1920s and prosperity, crisis and counter attack in 1935.Exchange Rates, Capital Flows and Policy (Routledge International Studies in Money and Banking #Vol. 30)
Par Peter Sinclair, Rebecca Driver, Christoph Thoenissen. 2004
Combining thorough scholarship with illuminating real-world examples, this edited collection provides insights on the causes and consequences of movements in…
both exchange rates and external assets and has a strong focus on the policy implications of operating in an open economy, particularly the choice of exchange rate and monetary policy, exchange rate intervention and policies on capital mobility.Climate Economics: The State of the Art (Routledge Studies in Ecological Economics)
Par Frank Ackerman, Elizabeth Stanton. 2013
Climate science paints a bleak picture: The continued growth of greenhouse gas emissions is increasingly likely to cause irreversible and…
catastrophic effects. Urgent action is needed to prepare for the initial rounds of climatic change, which are already unstoppable. While the opportunity to avert all climate damage has now passed, well-designed mitigation and adaptation policies, if adopted quickly, could still greatly reduce the likelihood of the most tragic and far-reaching impacts of climate change. Climate economics is the bridge between science and policy, translating scientific predictions about physical systems into projections about economic growth and human welfare that decision makers can most readily use but it has too often consisted of an overly technical, academic approach to the problem. Getting climate economics right is not about publishing the cleverest article of the year but rather about helping solve the dilemma of the century. The tasks ahead are daunting, and failure, unfortunately, is quite possible. Better approaches to climate economics will allow economists to be part of the solution rather than part of the problem. This book analyzes potential paths for improvement.Sraffa and Modern Economics, Volume I (Routledge Studies in the History of Economics #133)
Par Christian Gehrke, Roberto Ciccone, Gary Mongiovi. 2011
Analyzing Sraffa, one of the key figures in the history of economics, this book explores his legacy and the relevance…
of his thought for modern economics. Written by an array of internationally respected contributors, including Schefold, Aspromourgos, Nell and Kurz it is an invaluable tool for all those studying the history of economic thought.Reforming the Governance of the Financial Sector (Routledge International Studies in Money and Banking #74)
Par Geoffrey Wood, David Mayes. 2011
Many financial institutions have in recent years failed – failed either completely, and gone into bankruptcy, or failed in the…
sense that they have not achieved what their owners or their customers expected them to deliver. This has had significant and adverse effects on customers, taxpayers, shareholders, and sometimes management. There has been much discussion of what should be done about this, and some action has been taken. But has it been the right kind of action? Crises of the sort being experienced are low probability but high impact events. This volume, from an international group of scholars, deals with two main issues: firstly, how can the governance of the financial sector by the authorities be improved and secondly, how can the governance of firms and institutions within the sector be improved to render the probability and cost of future crises lower? Poor governance has been one of the major contributors to the global financial crisis. With better governance of and in the financial sector the financial crisis might well have been avoided altogether and certainly could have been much milder in its impact. This is not simply a case of being wise after the event. These problems were widely discussed before the event, but little action was taken. This book explores not only what the contribution of poor governance was to the crisis and to its depth, but also why it is often difficult to improve governance. The volume offers a positive critique of the measures that are being put in place in the light of the experience of the crisis and suggests how they might plausibly be improved. This book will be of particular interest to students and researchers of economics and international finance, but will also prove profitable reading for practitioners and the interested public.Game Theory in the Social Sciences: A Reader-friendly Guide
Par Luca Lambertini. 2011
Individuals, firms, governments and nations behave strategically, for good and bad. Over the last few decades, game theory has been constructed…
and progressively refined to become the major tool used by social scientists to understand, predict and regulate strategic interaction among agents who often have conflicting interests. In the surprisingly anodyne jargon of the theory, they ‘play games’. This book offers an introduction to the basic tools of game theory and an overview of a number of applications to real-world cases, covering the areas of economics, politics and international relations. Each chapter is accompanied by some suggestions about further reading.Organization Theory and its Applications
Par Susheng Wang. 2012
Organization theory is a fast developing field of microeconomics. Organizational approaches are now used in a wide range of topics…
in business studies. They are based on information economics, contract theory and mechanism design. This book introduces such organizational approaches and how to adopt them as business applications. The book presents the theory in the first two chapters and proceeds to cover the applications of the theory in the later three chapters. The theory lays the foundation and the applications illustrate how the theory can be used in a wide range of business problems. The book covers many concepts and ideas in organization theory, including complete contracts, incomplete contracts, allocation of control rights, option contracts, convertibles, and joint ventures concisely. It will be of use to third year undergraduates and above, Master’s and Ph.D levels for students in business schools.Writings on Distribution and Welfare (Routledge Revivals)
Par J. Hobson. 1992
The articles in this volume, originally published in a variety of journals between 1890 and 1937, deal with the themes…
of the distribution of income and welfare. Highlighting the contribution which Hobson made to welfare economics and the way in which he distanced himself from his more orthodox contemporaries in interpretation, the articles also show the changes in Hobson’s views over the decades in which they were written. This is a fascinating collection of material that provides an unparalleled depth of insight into the views of one of the most important economic thinkers of the early twentieth century.Mints, Dies and Currency: Essays dedicated to the memory of Albert Baldwin
Par R.A.G. Carson. 2005
The studies assembled in this volume are dedicated to the memory of Albert Baldein, a professional numismatist whose chief interest…
lay in helping other numismatists, professionals, students and collectors alike, some of whom record their appreciations here. The contributions, though they are drawn from a wide variety of fields - Greek, Roman, Dark Age, Byzantine, English, Scottish, Irish and European medieval coins, and medals - are all concerned with one or more facets of the theme set out in the title. Within the general concept, the essays deal with a diversity of subjects: * identification of mints * attribution of coins to specific mints* coinage current in particular periods* composition of groups of coins in a given series* establishment of the correct sequence of issues of such groups. The essays also demonstrate the use of particular numismatic techniques such as die-linking, the analysis of hoards and their statistics, the minute observation of changes in titulature and inscriptions and comparison of portrait styles. There is much new, exciting and well-illustrated material for numismatists, and chapters such as those on Scottish mints and Hadrian's COS III coins will be of interest to historians.