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A New Deal for Old Age: Toward a Progressive Retirement
by Anne L. AlstottAs America’s haves and have-nots drift further apart, rising inequality has undermined one of the nation’s proudest social achievements: the Social Security retirement system. Unprecedented changes in longevity, marriage, and the workplace have made the experience of old age increasingly unequal. For educated Americans, the traditional retirement age of 65 now represents late middle age. These lucky ones typically do not face serious impediments to employment or health until their mid-70s or even later. By contrast, many poorly educated earners confront obstacles of early disability, limited job opportunities, and unemployment before they reach age 65.<P><P> America’s system for managing retirement is badly out of step with these realities. Enacted in the 1930s, Social Security reflects a time when most workers were men who held steady jobs until retirement at 65 and remained married for life. The program promised a dignified old age for rich and poor alike, but today that egalitarian promise is failing. Anne L. Alstott makes the case for a progressive program that would permit all Americans to retire between 62 and 76 but would provide more generous early retirement benefits for workers with low wages or physically demanding jobs. She also proposes a more equitable version of the outdated spousal benefit and a new phased retirement option to permit workers to transition out of the workforce gradually.<P> A New Deal for Old Age offers a pragmatic and principled agenda for renewing America’s most successful and popular social welfare program.
A New Diplomacy for Sustainable Development: The Challenge of Global Change (Routledge/SEI Global Environment and Development Series)
by Bo KjellénAccelerating, human-induced changes in global natural systems, with global warming as a prime example, are modifying international relations. Diplomacy has to recognize that new types of threats will require new solutions and a new spirit of cooperation. This is a gradual process; traditional conflicts will continue to haunt the international system and traditional methods of diplomatic work still prevail. Based on forty years of experience in multilateral negotiations as former diplomat and international negotiator, the author has developed the concept of a New Diplomacy for Sustainable Development. The book develops the theoretical foundations of the concept and links it to the notion of enabling conditions, describing the close linkages between domestic policies and international negotiations. In conclusion, Kjellén comments on present negotiation processes and offers ideas for institutional reform of the international system.
A New Division of Labor: Meeting America's Security Challenges Beyond Iraq
by Andrew R. Hoehn Alan J. Vick David Ochmanek David A. Shlapak Adam GrissomAn emerging U.S. grand strategy--the promotion of democracy and freedom abroad--will certainly involve the U.S. armed forces. Although they must change to meet changes in emphasis and demand, they cannot risk their historic strengths. Some areas of interest are the organization and employment of forces, planning for future conflicts, developing information resources, and fostering partnerships among the services and with allies.
A New Driver of Regional Sustainability in Japan: Inter-regional Network Economies (New Frontiers in Regional Science: Asian Perspectives #54)
by Akihiro OtsukaThis book highlights the roles of inter-regional networks in regional economies to explore the drivers of sustained regional economic growth. Many industrialized countries are currently undergoing a period of population decline. To enhance sustainability in the regional economy, it is necessary to increase productivity and improve energy efficiency. This book provides new approaches to describing the economic effects of inter-regional networks, which are key to enhancing regional economic growth, using productivity analysis. In addition, it also furnishes considerable evidence on the formation of high-speed transportation infrastructure. Traditional studies on agglomeration economies have focused on external economies that occur in spatially limited areas and have not considered agglomeration economies from a broader perspective, i.e., from the perspective of inter-regional networks. In particular, recent studies have identified that the actual spatial range that would benefit from agglomeration economies is broader than that covered by conventional studies. This volume explains the phenomenon using Alonso’s concept of borrowed size. This is the first book to show the impact of inter-regional networks on Japan’s regional economy using the concept of the borrowed-size effect. Based on empirical evidence, the roles of inter-regional networks are determined in the context of the regional economy that faces population decline and environmental constraints. A deeper consideration of the analytical methods and understanding the results of detailed analyses will make it possible to propose desirable regional economic policies in the face of population decline. This book thus provides valuable insights into the regional economic development of Japan, which is particularly pertinent to other countries with similar land structures.
A New Economic Anthropology (Economics and Humanities)
by François Régis MahieuTraditionally economic anthropology has been studied by sociologists, anthropologists, and philosophers seeking to highlight the social foundations of economic action. Meanwhile, anthropological questions have remained largely untreated in economics, despite the prominence given to the individual in microeconomics. And there is very little in the way of dialogue between the two sides. This book argues for a new economic anthropology which goes beyond the conflict of economics and anthropology to show the complementarity of the two approaches. Economics needs to go beyond the stage of homo oeconomicus and be open to broader ideas about the person. Equally, anthropology can be enriched through the methods and models of economic theory. This new economic anthropology goes beyond a simple observation of societies. It is new because it introduces the responsible person with a wider range of characteristics, in particular vulnerability and suffering, as a subject of economics. It is a particular interpretation of economic anthropology calling for a broadening of the subject (moving from the individual to the person), range of values (admission of negative values for altruism, social capital, responsibility), and disciplinary references. Through this approach, both economics and anthropology can be enriched. This book will be of great interest to those working in the fields of economics, anthropology, philosophy, and development studies.
A New Economic Theory of Public Support for the Arts: Evolution, Veblen and the predatory arts (Routledge Advances in Heterodox Economics)
by Arnaldo BaroneShould the arts receive public support? Can the arts survive in a modern capitalist society? Can economics shed light on the nature of public support, and whether there is a rationale for public intervention? This book undertakes to examine these questions as it explores the ways government and public resources are used to support the arts. This book applies a Veblenian approach to understanding economic development to investigate public support for the arts in an effort to determine whether this approach can elucidate economic rationales for public support. Divided into three parts, the first provides basic information on public support for the arts by surveying support in the United States and Australia. Part two includes a neoclassical overview of the topic while part three presents Veblen’s ideas on economic development. This book will be of interests to researchers concerned with cultural and institutional economics, as well as political economy.
A New Economics for Modern Dynamic Economies: Innovation, uncertainty and entrepreneurship (Routledge Frontiers of Political Economy)
by Angelo FusariIt is becoming increasingly clear that a new economics is required for investigating modern dynamic economies and the coming social world. Important features of those economies, such as innovation, uncertainty and entrepreneurship, are usually considered capitalist features. This may have been true historically, but this book argues that the contrary will be true for the future: the full and efficient operation of those supposed capitalist features will increasingly require the overcoming of capitalist civilization. In this book, Angelo Fusari constructs a theoretical framework for the interpretation and management of modern dynamic economies which demonstrates that institutional transformations are essential if we are to move beyond the current consumer-capitalist age and the age of the domination of financial capital. A New Economics for Modern Dynamic Economies opens with a consideration of the basic aspects of modern dynamic economies and proceeds to develop a representation of the whole economic system centred on the interrelationships between entrepreneurship, innovation and radical uncertainty in a ‘dynamic competition’ process. This model provides an explanation of business cycles that largely differs from current explanations as it derives from the notion of dynamic competition. The book is then extended from the sectoral to the micro level and then to the level of the firm. The second half of the book is concerned with operational problems and in particular with the integration of this analysis of cycles with the notion of historical phases of development. The final chapter explores the route of the transition from capitalism to a new economic and social order – a transition of vital importance, both for the contemporary world and for the coming world. This volume is of great interest to those who study political economy, macroeconomics and economic theory and philosophy. The book shows the possibility of a scientific explanation of important ethical principles as indispensable to the organizational efficiency of the social system: for instance, the necessity and the way to conciliate productive efficiency, social justice and individual freedom.
A New England Girlhood, Outlined from Memory (Beverly, MA)
by Lucy LarcomArriving in Lowell, Massachusetts, in the 1830s after the death of her shipmaster father, the eleven-year-old Lucy Larcom went to work in a textile mill to help her family make ends meet. <P> <P> Originally published in 1889, her autobiography offers glimpses of the early years of the American factory system as well as of the social influences on her development. It remains an important and illuminating document of the Industrial Revolution and nineteenth-century cultural history.
A New Era in Banking: The Landscape After the Battle
by Mauro F. Guillén Emilio Ontiveros Angel Berges Juan P. MorenoThe financial crisis that began in 2007 triggered a break with banking practices of the past. Even as the crisis occurred, a broader set of economic, geopolitical, and technological forces were already reshaping the financial industry's transition from the twentieth to the twenty-first century. While these changes in the financial and global climate have led to a major overhaul of banking regulations and increased scrutiny of banks, they have also revealed opportunities for the development of a banking sector fit for the future. A New Era in Banking: The Landscape After the Battle identifies the main drivers of change at the heart of this wholesale transformation of the financial services industry. It examines the complex challenge for financial institutions to de-risk business models, reconnect with customers, and approach stakeholder value creation. Untangling the severe mutations that have taken place in the banking sector, A New Era in Banking, contextualizes these changes within larger trends that extend beyond the confines of the financial crisis. Banks are more vulnerable than ever to the crosscurrents of economic, demographic, regulatory, and technological change. However, by discussing how banks can operate as flexible, technology-enabled information businesses, A New Era in Banking advocates financial practices based not only on survival, but innovation.
A New Era in U.S. Health Care: Critical Next Steps Under the Affordable Care Act
by Stephen M. DavidsonA New Era in U.S. Health Care demystifies the Affordable Care Act for unfamiliar readers, setting an agenda for lawmakers and the health industry alike. It focuses on four key issues that will determine the success of this 2010 legislation: the use of state-run Medicaid programs to expand access to insurance; the implementation process; the creation of health insurance exchanges; and the introduction of a new organizational form, accountable care organizations.
A New Era of Philanthropy: Ten Practices to Transform Wealth into a More Just and Sustainable Future-- How we fund in times of crisis and opportunity
by Dimple Abichandani&“A must-read for anyone in philanthropy, particularly those who question whether and how philanthropic resources can address the current, complex challenges our world faces.&” —Nick Tedesco, president and chief executive officer of the National Center for Family Philanthropy A blueprint for how wealth can be transformed into a more just and sustainable future in times of rapid change and crisis.On the cusp of the greatest wealth transfer in history—with $84 trillion dollars moving between generations in the next 20 years—this book explores how philanthropy can be transformative, and transformed.Can philanthropy be an anti-racist, feminist, relational, and joyful expression of solidarity?This book argues that it not only can be—for the future we seek, and for philanthropy to achieve its greatest impact, it must be.Nationally recognized philanthropic leader Dimple Abichandani revolutionizes the precepts of modern philanthropy. Offering 10 provocative practice shifts, A New Era of Philanthropy engages readers with fresh answers to the question of how philanthropy can meet this high-stakes moment—from reimagining governance to aligning investments to crisis funding and beyond.Abichandani highlights paradigm shifts that model the way forward, moving beyond critique into real transformation, with relatable stories about funders who are forging a new era of philanthropy.A New Era of Philanthropy picks up where key books like Decolonizing Wealth and Winners Take All leave off, offering a guide for donors, foundations, and non-profit leaders navigating philanthropy in urgent times. Clear-eyed, hopeful, and responsive to the moment, this book helps us reimagine the purpose and norms of modern philanthropy. It is an invitation to all of us who believe these resources can contribute to a more just future: start here.
A New Era: China's Economy Globalizes
by Dexu He Chaoyang WangThis book collects the work of leading Chinese economists, sociologists, and political scientists as China enters a pivotal phase of development, as well as a new five-year plan. Scholars from China's leading institutions and think-tanks explore global economic trade patterns, regional imbalances, environmental pollution, rural-urban disputes, and much more. This book will be of interest to scholars, economists, and think-tank researchers.
A New Ethos in Banking: Embracing Values and Ethics for a Meaningful Transformation
by Rik CoeckelbergsThe financial services industry has one constant lately - change. What are the lessons of the past 25 years, and what can be done better in the future, especially when it comes to digital transformation and sustainability? This book investigates how change is impacting banking and the industry’s reputation, exploring what a new ethos in banking should look like, and, more importantly, the needed contributions from the industry to the road ahead. Based on interviews with industry leaders and the author's own personal experience, this book guides decision-makers in a new direction, a positive alternative to the status quo. The book is an urgent call to action, with practical and relevant insights to improve a bank’s societal footprint beyond the required compliance and regulatory efforts into sustainability, transparency, and ethics in banking. It will inspire those that look for successful stakeholder models without ignoring shareholder interests, putting people and society first, and understanding this can only work with a healthy financial model.
A New Financial Policy at Swedish Match
by Michael Norris Bo BeckerSwedish Match is a profitable smokeless tobacco company with low debt compared to other firms in its industry. The firms CFO now wants to revise the firms conservative financial policy.
A New Foreign Policy: Beyond American Exceptionalism
by Jeffrey D. SachsThe American Century began in 1941 and ended on January 20, 2017. While the United States remains a military giant and is still an economic powerhouse, it no longer dominates the world economy or geopolitics as it once did. The current turn toward nationalism and “America first” unilateralism in foreign policy will not make America great. Instead, it represents the abdication of our responsibilities in the face of severe environmental threats, political upheaval, mass migration, and other global challenges.In this incisive and forceful book, Jeffrey D. Sachs provides the blueprint for a new foreign policy that embraces global cooperation, international law, and aspirations for worldwide prosperity—not nationalism and gauzy dreams of past glory. He argues that America’s approach to the world must shift from military might and wars of choice to a commitment to shared objectives of sustainable development. Our pursuit of primacy has embroiled us in unwise and unwinnable wars, and it is time to shift from making war to making peace and time to embrace the opportunities that international cooperation offers. A New Foreign Policy explores both the danger of the “America first” mindset and the possibilities for a new way forward, proposing timely and achievable plans to foster global economic growth, reconfigure the United Nations for the twenty-first century, and build a multipolar world that is prosperous, peaceful, fair, and resilient.
A New Framework to Estimate the Risk-Neutral Probability Density Functions Embedded in Options Prices
by Kevin C. ChengA report from the International Monetary Fund.
A New Growth Model for the Greek Economy: Requirements for Long-Term Sustainability
by Panagiotis E. PetrakisOn June 3, 2015, the Greek Parliamentary Budget Office, the National and Kapodistrian University of Athens, the Democritus University of Thrace, and the University of Peloponnese sponsored an international conference to address medium- and long-term growth in Greece. This collection presents the strongest papers on the conditions required to revive and maintain economic growth. Leading experts cover almost every major issue identified in the latest literature, from demographic issues and proposals for export strategy to the need for innovation and structural reform. The combination of qualitative and quantitative approaches to assessing present conditions make this ground-breaking collection a valuable resource for a variety of academics, professional economists, and economic policy practitioners planting the seeds of Greece's future.
A New Guide to Post-Keynesian Economics (Routledge Studies In Contemporary Political Economy Ser.)
by Steven Pressman Richard P. HoltEichner's classic A Guide to Post-Keynesian Economics (1978) is still seen as the definitive staging post for those wishing to familiarise themselves with the Post-Keynesian School. This book brings the story up-to-date.Of all the subgroups within heterodox economics, Post-Keynesianism has provided the most convincing alternative to mainstream theo
A New History of Management
by John Hassard Michael Rowlinson Stephen Cummings Todd BridgmanExisting narratives about how we should organize are built upon, and reinforce, a concept of 'good management' derived from what is assumed to be a fundamental need to increase efficiency. But this assumption is based on a presentist, monocultural, and generally limited view of management's past. A New History of Management disputes these foundations. By reassessing conventional perspectives on past management theories and providing a new critical outline of present-day management, it highlights alternative conceptions of 'good management' focused on ethical aims, sustainability, and alternative views of good practice. From this new historical perspective, existing assumptions can be countered and simplistic views disputed, offering a platform from which graduate students, researchers and reflective practitioners can develop alternative approaches for managing and organizing in the twenty-first century.
A New Introduction to Karl Marx: New Materialism, Critique of Political Economy, and the Concept of Metabolism (Marx, Engels, and Marxisms)
by Ryuji SasakiThis book provides a concise overview of Marx’s philosophy and political economy, tracing various changes of his theoretical views over time through his practical and theoretical engagements with contradictions of capitalism from the unique perspective of Japanese Marxism. While it offers an objective introduction to Marx’s critique of capitalism, Sasaki uniquely pays particular attention to the concept of “metabolism,” whose disruption under the capitalist mode of production causes exhaustion of labour-power as well as natural resources. Sasaki reconstructs Marx as a revolutionary thinker, whose devoted his entire life for the sake of establishing a more free and equal society beyond capitalism. Sasaki’s book shows that Marx’s passion for the socialist revolution in his last years is recorded in his late excerpt notebooks that become available through the Marx-Engels-Gesamtausgabe.
A New Keynesian Model of the Armenian Economy
by Era Dabla-Norris Ara Stepanyan Ashot MkrtchyanA report from the International Monetary Fund.
A New Kind of Bleak
by Owen HatherleyIn A Guide to the New Ruins of Great Britain, Owen Hatherley skewered New Labour's architectural legacy in all its witless swagger. Now, in the year of the Diamond Jubilee and the London Olympics, he sets out to describe what the Coalition's altogether different approach to economic mismanagement and civic irresponsibility is doing to the places where the British live.In a journey that begins and ends in the capital, Hatherley takes us from Plymouth and Brighton to Belfast and Aberdeen, by way of the eerie urbanism of the Welsh valleys and the much-mocked splendour of modernist Coventry. Everywhere outside the unreal Southeast, the building has stopped in towns and cities, which languish as they wait for the next bout of self-defeating austerity.Hatherley writes with unrivalled aggression about the disarray of modern Britain, and yet this remains a book about possibilities remembered, about unlikely successes in the midst of seemingly inexorable failure. For as well as trash, ancient and modern, Hatherley finds signs of the hopeful country Britain once was and hints of what it might become.
A New Kind of Diversity: Making the Different Generations on Your Team a Competitive Advantage
by Tim ElmoreIn A New Kind of Diversity, bestselling author Tim Elmore brings his decades of research and leadership experience to bear on what might be the biggest, most dramatic, and most disruptive shift the American workforce has ever seen: the vast diversity of several generations living—and working—together. The past few years have brought an endless cascade of social media movements that left many of us . . . well . . . scratching our heads. #Occupy Wallstreet. #March For Our Lives. #Black Lives Matter. #MeToo. #ClimateChange. Regardless of how you might feel about these protests, each symbolizes a gap. Despite the perspectives on all sides of these causes, a clear issue remains: There is a huge gap in this country that few are taking seriously. While diversity is usually seen as an ethnic, gender, or income issue—there is a new kind of diversity that only eight percent of U.S. companies even recognize: diverse generations on teams. Long laughed off as a cliché and more recently mocked in memes #HowToConfuseMillennials and #OKBoomer hashtags, the generational gap has become an undeniable tension in the global workplace. Sadly, it has fostered: Loneliness in our workplaces. Poor communication on our teams. Reduction in revenue and team morale. Conflicting values and priorities in the office. Divisions that lead to &“walls&” instead of &“bridges.&” For the first time in history, up to five generations find themselves working alongside each other in a typical company. The result? There can be division. Interactions between people from different generations can resemble a cross-cultural relationship. Both usually possess different values and customs. At times, each generation is literally speaking a different language! How can we hope to work together when we can&’t even understand each other? This book provides the tools to: Get the most out of the strengths of each age group on your team. Foster effective communication instead of isolation among people. Build bridges rather than walls so that loneliness becomes connectedness. Connect people to learn how both veterans and rookies can mentor each other.
A New Meaning-Mission Fit: Aligning Life and Work in Business (Future of Business and Finance)
by Michelle French-HollowayThis book offers a clear process for managers, professionals, and future leaders to help discover their personal meaning in life and apply it to their work. The author uses research outcomes and theories to refute the contemporary philosophy that stresses following an individual’s passion alone when choosing a particular job or career. Instead, she recommends employing a personal meaning-oriented approach to life and work, and then becoming passionate about one’s work organically.The book also highlights the positive outcomes to organizations and societies when individuals engage with finding meaning in work, focusing on physical and emotional health and satisfaction. The author provides numerous examples of leaders who have aligned their personal meaning and organizational mission, also known as “meaning-mission fit,” and the relationship of this alignment to their emotional well-being. Together, the research, theory, and evidence in this book equip leaders and managers with an inspiring model to find their own meaning-mission fit, as well as create opportunities for the employees to do the same.
A New Measure of Competition in the Financial Industry: The Performance-Conduct-Structure Indicator (Routledge International Studies in Money and Banking)
by Jacob A. Bikker Michiel Van LeuvensteijnThe 2008 credit crisis started with the failure of one large bank: Lehman Brothers. Since then the focus of both politicians and regulators has been on stabilising the economy and preventing future financial instability. At this juncture, we are at the last stage of future-proofing the financial sector by raising capital requirements and tightening financial regulation. Now the policy agenda needs to concentrate on transforming the banking sector into an engine for growth. Reviving competition in the banking sector after the state interventions of the past years is a key step in this process. This book introduces and explains a relatively new concept in competition measurement: the performance-conduct-structure (PCS) indicator. The key idea behind this measure is that a firm’s efficiency is more highly rewarded in terms of market share and profit, the stronger competitive pressure is. The book begins by explaining the financial market’s fundamental obstacles to competition presenting a brief survey of the complex relationship between financial stability and competition. The theoretical contributions of Hay and Liu and Boone provide the theoretical underpinning for the PCS indicator, while its application to banking and insurance illustrates its empirical qualities. Finally, this book presents a systematic comparison between the results of this approach and (all) existing methods as applied to 46 countries, over the same sample period. This book presents a comprehensive overview of the knowns and unknowns of financial sector competition for commercial and central bankers, policy-makers, supervisors and academics alike.