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A Realist Philosophy of Economics
by Karl MittermaierEPUB and EPDF available Open Access under CC-BY-NC-ND licence. Economic theory relies heavily on the idea of rational action, but how are we to understand the empirical content of rational choice when we can only observe the outcome, not what goes into making the choice? With contributions from Alan Kirman and Rod O'Donnell, Karl Mittermaier's posthumously published work establishes a new conceptual framework that will enable economic theorists to forge new paths of empirical analysis. Introducing readers to the work of a profound thinker who was not recognized in his lifetime, this book, featuring previously unpublished material, is poised to become a seminal text in the philosophy of social sciences.
A Realistic Theory of Social Entrepreneurship: A Life Cycle Analysis of Micro-Finance
by Arvind AshtaUsing evidence from the microfinance sector, which is considered a leading sector of social entrepreneurship, this book attempts to push the boundaries of research in this field. While recent studies consider that commercial enterprises, not-for-profits and social enterprises are formed by entrepreneurs with different personal identities, they do not explain why these personalities may change before they convert their social enterprises, and change further at the stage of transitioning into commercial enterprises. Presenting a theory of development and evolution for social enterprises which examines the dynamics associated with change, impact and growth and an in-depth critical view of motivation, funding and profit, this book examines how that impacts the social mission and enterprise structure in the wake of hybrid and for-profit models and corporate philanthropy. The author highlights the ‘cracks’ in social entrepreneurship and asks how they are being filled, institutionally.
A Reappraisal of Economic Development: Perspectives for Cooperative Research
by Jerome BrunerWhat have the social sciences to show for decades of systematic investigation of the problems of economic development? What basic problems have they solved and what remains to be done in the development of viable theoretical approaches to this area of research and policy? In an unusually open discussion, thirty-three experts from the fields of anthropology, economics, political science, geography, sociology, and agriculture here present a stimulating re-examination of their accomplishments and mutual problems, of the progress the disciplines have made, and that which remains.The increased interest of social scientists in their sister disciplines has not been stimulated solely by intellectual exploration into the problems that they share and the particular insights each provides. Much of the interest stems from the groping and searching concern of field workers who find themselves investigating problems and systems which cannot be understood adequately in terms of a single kind of analysis, be it political, social, cultural, historical, or psychological. Fieldwork thrusts upon them the realization that their professional areas of concern overlap and converge upon aspects of life which traditionally (or academically) lie in the domains of other disciplines.A Reappraisal of Economic Development is distinguished by the vitality and spark of scholars of different disciplines interacting with each other. The book's formal essays are deliberately short, leaving the bulk of the volume to intensive, cross-disciplinary investigation of the positions, accomplishments, and proposals of the speakers and their critics. The result is a fruitful re-evaluation of the political, social, and geographic forces affecting economic development in emerging nations and a useful handbook for anyone dealing with the varied problems of foreign aid, health and educational development, labor organization, and foreign business.Andrew H. Whiteford was Geor
A Reasonable Public Servant: Constitutional Foundations of Administrative Conduct in the United States
by David H. Rosenbloom Lily Xiao LeeAn essential text for PA courses on Human Resource Management as well as Public Management and Law, this book illuminates the role of the reasonable public servant, who strives to perform authorized functions efficiently, yet in a manner that aligns with constitutional values embodied in the Bill of Rights. "A Reasonable Public Servant" provides a comprehensive review of Supreme Court opinions in explaining the reasonable conduct of a public servant and the development of clearly established constitutional and statutory rights that a reasonable public servant is expected to observe: property rights; procedural due process; freedom of critical speech; privacy; equal protection; and anti-discrimination laws. The author relies on the Court's opinions as the exemplar of public reason, and pays close attention to the manner in which the Court balances among competing value priorities - for example, the rights of a public servant as an employee as well as an individual citizen, and the efficiency needs of the government as an employer as well as a sovereign state. This book's detailed appendices include the U.S. Constitution, the Bill of Rights, and Title VII of the Civil Rights Act of 1964.
A Reflection on Sraffa’s Revolution in Economic Theory (Palgrave Studies in the History of Economic Thought)
by Ajit SinhaThis book presents a substantial collection of essays from a wide range of well respected scholars addressing several aspects of Piero Sraffa’s economics in light of continuing controversies over the interpretation that should be placed on his work. It moves beyond extant scholarship with an added emphasis on the philosophical dimension of Sraffa’s seminal work, Production of Commodities by Means of Commodities. Contributors probe new ways of thinking about the political economy of Sraffa and in doing so, alongside the comments to each contribution by other scholars, provide a cutting edge debate and discussion on non-mainstream economic theory.This book will be of interest to academics and advanced graduate students in economics, with additional interest from scholars in philosophy and the methodology of science.
A Region at Risk: The Third Regional Plan For The New York-New Jersey-Connecticut Metropolitan Area
by Tony Hiss Robert YaroRegional Plan Association, the nation's oldest regional planning organization, has worked since 1929 to improve the quality of life in the New York-New Jersey-Connecticut metropolitan area. The Association has crafted two long-term plans and successfully promoted their implementation through advocacy and coalition building.The Association's Third Regional Plan describes a series of key initiatives aimed at not only improving quality of life, but also at increasing economic competitiveness, encouraging more sustainable patterns of growth, and expanding opportunities and choice in employment, housing, and community.The Plan presents five major campaigns, each of which combines the goals of economic, equity, and environmental improvements. They are: Greensward -- to protect and restore large natural resource systems at the periphery of urbanized areas Centers -- to "recenter" regions that have experienced decades of sprawl growth Mobility -- to transform existing transit infrastructure to create a regional express rail network that would dramatically improve public transit, reduce highway congestion, and speed freight movement Workforce -- to provide the region's workforce with the skills and opportunities needed to participate in the economy of the future Governance -- to rationalize the activities of existing authorities, encourage service sharing among municipal governments, and encourage more effective state and regional land-use planning programs While focusing on the New York-New Jersey-Connecticut metropolitan area, the Plan's broad themes have universal applicability to regions throughout the industrialized world.
A Region of Regimes: Prosperity and Plunder in the Asia-Pacific (Cornell Studies in Political Economy)
by T. J. PempelA Region of Regimes traces the relationship between politics and economics—power and prosperity—in the Asia-Pacific in the decades since the Second World War. This book complicates familiar and incomplete narratives of the "Asian economic miracle" to show radically different paths leading to high growth for many but abject failure for some. T. J. Pempel analyzes policies and data from ten East Asian countries, categorizing them into three distinct regime types, each historically contingent and the product of specific configurations of domestic institutions, socio-economic resources, and external support. Pempel identifies Japan, Korea, and Taiwan as developmental regimes, showing how each then diverged due to domestic and international forces. North Korea, Myanmar, and the Philippines (under Marcos) comprise "rapacious regimes" in this analysis, while Malaysia, Indonesia, and Thailand form "ersatz developmental regimes." Uniquely, China emerges as an evolving hybrid of all three regime types. A Region of Regimes concludes by showing how the shifting interactions of these regimes have profoundly shaped the Asia-Pacific region and the globe across the postwar era.
A Regional Space Agency for Latin America: Legal and Political Perspectives (Studies in Space Policy #32)
by Annette Froehlich Diego Alonso Amante SoriaThis book examines and proposes a legal framework for the creation of a regional space agency for Latin America especially in regard of pivotal aspects such as institutional structures, transfer of competences and cooperation agreements facilitating Latin America to act with one voice on the international space stage. It demonstrates how the European Space Agency (ESA), as regional space agency for Europe and its experiences for more than 50 years, may serves as model for such a regional forum in Latin America in view of required structures and rules to enable common peaceful space activities on regional level for the development of Latin American states and for the benefit of their societies.
A Regulatory Design for Financial Stability in Hong Kong
by Evan GibsonIn Hong Kong, the banking system is the primary source of financial stability risk. Post-2008 regulatory reforms have focused on financial stability policies and tools while neglecting the design of supervisory models. This book provides a comparative analysis of how supervisory models affect the management of financial stability regulations in Hong Kong's banking system. Regulatory issues discussed span prudential regulations, systemically important banks, unconventional liquidity tools, deposit insurance, lender of last resort, resolution regimes, central clearing counterparties and derivatives, Renminbi infrastructure, stock and bond connect schemes, distributed ledger technology, digital yuan, US dollar sanctions, cryptocurrencies, RegTech, and FinTech. A Regulatory Design for Financial Stability in Hong Kong elucidates the flaws and synergies in Hong Kong's banking regulatory framework and proposes conventional and innovative regulatory reforms. This book will be of great interest to banking, financial, and legal practitioners, central bankers, regulators, policy makers, finance ministries, scholars, researchers, and policy institutes.
A Relational View on Cultural Complexity: Implications for Theory and Practice (Relational Economics and Organization Governance)
by Josef Wieland Julika Baumann Montecinos Tobias GrünfelderThis book explores the conceptual and practical implications of applying a relational view to cultural complexity. The authors take the findings of an international and interdisciplinary Delphi study on transcultural competence as a starting point and offer further analysis and interpretation from their specific perspectives. Written by experts from a variety of disciplines, the book discusses the potential contributions of a relational approach to understanding and strengthening individuals and organizations in their contexts. Through various conceptual chapters, case studies and field reports, it explores the role and nature of commonalities for cooperation in contexts of cultural complexity and discusses the relationship between differences and commonalities, as well as the implications for relational leadership and management. The book is divided into four parts, the first of which introduces readers to the relational view. In turn, the second part elaborates on transcultural competence, while the third presents various case studies and field reports on experience-based learning and relationality in culturally complex settings. Finally, the fourth part sheds new light on relational leadership and the role of commonalities in organizational practice. As such, this book will appeal to scholars and practitioners in the areas of cultural and relational economics, intercultural communication, business strategy and leadership, and organizational studies.
A Renegade Union: Interracial Organizing and Labor Radicalism
by Lisa PhillipsDedicated to organizing workers from diverse racial, ethnic, and religious backgrounds, many of whom were considered "unorganizable" by other unions, the progressive New York City-based labor union District 65 counted among its 30,000 members retail clerks, office workers, warehouse workers, and wholesale workers. In this book, Lisa Phillips presents a distinctive study of District 65 and its efforts to secure economic equality for minority workers in sales and processing jobs in small, low-end shops and warehouses throughout the city. Phillips shows how organizers fought tirelessly to achieve better hours and higher wages for "unskilled," unrepresented workers and to destigmatize the kind of work they performed. Closely examining the strategies employed by District 65 from the 1930s through the early Cold War years, Phillips assesses the impact of the McCarthy era on the union's quest for economic equality across divisions of race, ethnicity, and skill. Though their stories have been overshadowed by those of auto, steel, and electrical workers who forced American manufacturing giants to unionize, the District 65 workers believed their union provided them with an opportunity to re-value their work, the result of an economy inclining toward fewer manufacturing jobs and more low-wage service and processing jobs. Phillips recounts how District 65 first broke with the CIO over the latter's hostility to left-oriented politics and organizing agendas, then rejoined to facilitate alliances with the NAACP. In telling the story of District 65 and detailing community organizing efforts during the first part of the Cold War and under the AFL-CIO umbrella, A Renegade Union continues to revise the history of the left-led unions of the Congress of Industrial Organizations.
A Report of the International Commission for Central American Recovery and Development
by Ann Hubbard William L. AscherThe 1980s were one of the most turbulent decades in Central America's history, a history that has been marked by more than its share of strife and upheaval. The wars, economic hardship, and political unrest and instability that have dominated news of the region have been years in the making, the products of flawed and inequitable economic, social, and political structures.The International Commission for Central American Recovery and Development (ICCARD) was formed to provide a thorough diagnosis and analysis of Central America's problems and to draft a comprehensive long-term strategy to move the region from decline to development. In this report ICCARD--through forty-five international experts in economics, public policy, management, and development it assembled for this purpose--attempts to rise above rhetoric and simplistic remedies to focus on well-reasoned, thorough, and realistic approaches to economic and social development.This volume reviews the unequal access of marginal groups to political and economic participation, the precarious situation of Central American financial institutions, the international debt situation, the prospects for regional political and economic integration, and other aspects of regional development. Each of these challenges is addressed by specific recommendations to the Central American governments, the governments of the industrialized nations, and international organizations.
A Republic of Equals: A Manifesto for a Just Society
by Jonathan RothwellWhy political inequality is to blame for economic and social injusticePolitical equality is the most basic tenet of democracy. Yet in America and other democratic nations, those with political power have special access to markets and public services. A Republic of Equals traces the massive income inequality observed in the United States and other rich democracies to politicized markets and avoidable gaps in opportunity—and explains why they are the root cause of what ails democracy today.In this provocative book, economist Jonathan Rothwell draws on the latest empirical evidence from across the social sciences to demonstrate how rich democracies have allowed racial politics and the interests of those at the top to subordinate justice. He looks at the rise of nationalism in Europe and the United States, revealing how this trend overlaps with racial prejudice and is related to mounting frustration with a political status quo that thrives on income inequality and inefficient markets. But economic differences are by no means inevitable. Differences in group status by race and ethnicity are dynamic and have reversed themselves across continents and within countries. Inequalities persist between races in the United States because Black Americans are denied equal access to markets and public services. Meanwhile, elite professional associations carve out privileged market status for their members, leading to compensation in excess of their skills.A Republic of Equals provides a bold new perspective on how to foster greater political and social equality, while moving societies closer to what a true republic should be.
A Research Report on the Development of China’s Manufacturing Sector (Current Chinese Economic Report Series)
by Lianshui Li Zhanyuan DuThis book investigates key developments in China's manufacturing industry from the perspectives of general evaluation, regional analysis, industrial analysis and enterprise analysis. Based on data for 1978 to 2013, it details the characteristics of the different stages, typical development patterns, and the international status of China's manufacturing sector. It also provides an in-depth portrait of China's new-type manufacturing sector based on four main aspects, namely, economic creativity, technological innovation capability, energy conservation capability, and environmental protection capability, and subsequently assesses the status quo of this sector, analyzes the regional development characteristics, and ranks China's top 10 provinces and top 10 cities in terms of manufacturing. The book outlines the industrial characteristics of China's manufacturing sector and analyzes the factors influencing its development and lastly, it examines China's listed manufacturing enterprises, ranking and providing brief snapshots of the top 50 most respected enterprises. This book is intended for all those interested in the development of China's manufacturing sector, especially university instructors and students, governmental officials and managerial personnel in the manufacturing sector and related enterprises.
A Research on China’s Economic Growth Potential
by Chong-En Bai Qiong ZhangAfter impressive growth of about 10% per annum for three decades, China's visible signs of economic slowdown since 2008 have been subject to much contention. What causes the deceleration? What should we expect in an era of China's 6% growth? This book answers these questions in three parts. Although it is widely accepted that China can hardly continue its high-speed growth model, estimations for its future growth potential differ greatly. The first part of this book predicts China's growth to 2050, which considers both cross-country historical experiences and China's own demographic structure and employment participation features. In the second part, the book offers a comprehensive estimation of China's national and provincial total factor productivity (TFP) over the period of 1978 to 2014 based on comparable data. It then analyzes the causes of China's economic slowdown from a productivity point of view. Finally, this book correspondingly outlines policy recommendations, including supply-side structural reform and macroeconomic policy frameworks, to effectively address the issue of decline in both labor and labor productivity growth. This book will attract scholars and students of economics and China's economic studies.
A Resurgent East Asia: Navigating a Changing World (World Bank East Asia and Pacific Regional Report)
by Andrew D. Mason Sudhir ShettyEast Asia has been a paragon of global development success. The dramatic transformation of the region over the past half century—with a succession of countries having progressed from low-income to middle-income and even to high-income status—has been built on what has come to be known as the “East Asian development model.†? A combination of policies that fostered outward-oriented, labor-intensive growth while strengthening basic human capital and providing sound economic governance has been instrumental in moving hundreds of millions of people out of poverty and into economic security. Yet East Asia’s economic resurgence remains incomplete. More than 90 percent of its people now live in 10 middle-income countries, many of which can realistically aspire to high-income status in the next generation or two. But these countries are still much less affluent and productive than their high-income counterparts. Even as the region’s middle-income countries attempt to move up to high-income status, they confront a rapidly changing global and regional economic environment. Slowing growth in global trade and shifts in its patterns, rapid technological change, and evolving country circumstances all present challenges to sustaining productivity growth, fostering inclusion, and enhancing state effectiveness. A Resurgent East Asia: Navigating a Changing World is about how policy makers across developing East Asia will need to adapt their development model to effectively address these challenges in the coming decade and sustain the region’s remarkable development performance. “The world is changing. How do East Asia’s developing economies navigate this change? This is a commendable book on this topic—a must-read for policy makers, academia, and students who are interested in East Asia.†? — Chatib Basri, Former Minister of Finance, Government of Indonesia “A Resurgent East Asia is a vital publication for the most successful region as it looks to the future and the expectations of its citizens. This study helps to identify the new areas of risk and to suggest ways to ameliorate them. In so doing, it is an invaluable resource for governments. Based on first-rate analysis, it is a must-read for policy makers and everyone interested in East Asia’s development prospects!†? — Danny Leipziger, Managing Director, The Growth Dialogue, and Professor of International Business, George Washington University “This report delivers a careful and rigorous analysis of the strengths of East Asia’s ‘growth with equity’ development strategy. While noting the model’s success in lifting millions out of poverty, the report also warns of the looming challenge of maintaining growth with inclusion, and it highlights the need for countries to improve their social protection systems and ensure that opportunities are fair and available to all. A must-read for policy makers and development practitioners alike.†? — Ana Revenga, Senior Fellow, Brookings Institution
A Return to Radiance: The POWER Method to Ignite Your Soul and Unleash Your Potential
by Becca PowersEven those who love their jobs, enjoy parenting, and have good relationships also feel overwhelmed, burned-out, and pulled in many directions, as though the light of their dreams has dimmed. Becca Powers knows this acutely — and she wrote this book to help others find their way, as she did. She combines science, psychology, and metaphysics to offer a proven path toward joy and fulfillment, perfected through her lived experience and interactive training with corporate clients. Packed with real-world lessons, practical tools, inspiring true stories, and innovative action steps, A Return to Radiance will help you reconnect with your deepest desires and transform from the inside out to express your vibrant, unique self.
A Review of Capital Budgeting Practices
by Davina F. JacobsA report from the International Monetary Fund.
A Review of Economic Theory (Routledge Library Editions: Landmarks in the History of Economic Thought #1)
by Edwin CannanThough Cannan, in his early years as an economist, was a critic of classical economics and an ally of interventionists, he moved sharply to the side of classical liberalism in the early 20th century. In this book, originally published in 1929 Edwin Cannan discussed in comparative terms the general problems of economics and in particular the theories of production, value and distribution and the attempts that had been made to solve them. Examining key principles of economics in historical terms, the author draws his own conclusions only after a full discussion of various viewpoints.
A Review of the Fiscal Impulse Measure
by Peter S. Heller Richard D. Haas Ahsan S. MansurThis study was prepared jointly by the Fiscal Affairs and Research Departments of the International Monetary Fund. Since the study was made in preparation for the World Economic Outlook exercise of April 1984, all estimates reflect data and analyses as of the end of February 1984.
A Review of the U.S. Workplace Wellness Market
by Soeren Mattke Christopher Schnyer Kristin Van BusumThis paper describes the current state of workplace wellness programs in the United States, including typical program components; assesses current uptake among U.S. employers; reviews the evidence for program impact; and evaluates the current use and the impact of incentives to promote employee engagement.
A Reviewer's Handbook to Business Valuation
by L. Paul Hood Timothy R. LeeThorough guidance and detailed analysis of the valuation business engagementDiscussing the practical aspects of business valuation that arise in the context of a tax valuation, this book provides you with detailed analysis of the valuation business engagement process. Detailed discussion is included of various cases outlining errors that appraisers have made in appraisal reports, as well as in-depth discussion of the current appraisal industry issues that are impacting tax valuations.Examines concepts and topics including level of value, the role of estate planners in the business valuation process, the use of appraisers in estate planning and litigation, and the appraiser identification/selection processProvides insight into the nature of the major appraisal trade associationsOffers insights into preventing errors from getting into appraisal reportsThis helpful guide provides you with the detailed discussion you need on the various business valuation standards that have been promulgated by the Appraisal Standards Board as well as several appraisal trade associations.
A Revolt in the Steppe: Understanding Kazakhstan’s January Events of 2022 (The Steppe and Beyond: Studies on Central Asia)
by Jean-François CaronThis book explores the various ramifications and consequences of the violent civil protests that affected Kazakhstan in January 2022. In this compelling study, the authors examine the underlying social and political tensions that have affected this biggest country of Central Asia, especially since its political transition of 2019 and how the state has managed to justify its actions that led to a return to peace. It also puts in perspective this event in the wider transition affecting Eurasia with the war in Ukraine and how this shift of world politics may impact Kazakhstan that required the support of Russia and the other members of the Collective Security Treaty Organization during these protests. This book will be of value for scholars, journalists and NGOs working on authoritarianism and on Central Asia.
A Revolution Down On the Farm: The Transformation of American Agriculture Since 1929
by Paul K. ConkinAt a time when food is becoming increasingly scarce in many parts of the world and food prices are skyrocketing, no industry is more important than agriculture. Humans have been farming for thousands of years, and yet agriculture has undergone more fundamental changes in the past 80 years than in the previous several centuries. <p><p> In 1900, 30 million American farmers tilled the soil or tended livestock; today there are fewer than 4.5 million farmers who feed a population four times larger than it was at the beginning of the century. Fifty years ago, the planet could not have sustained a population of 6.5 billion; now, commercial and industrial agriculture ensure that millions will not die from starvation. Farmers are able to feed an exponentially growing planet because the greatest industrial revolution in history has occurred in agriculture since 1929, with U.S. farmers leading the way. Productivity on American farms has increased tenfold, even as most small farmers and tenants have been forced to find other work. <p><p> Today, only 300,000 farms produce approximately ninety percent of the total output, and overproduction, largely subsidized by government programs and policies, has become the hallmark of modern agriculture. <p><p> A Revolution Down on the Farm: The Transformation of American Agriculture since 1929 charts the profound changes in farming that have occurred during author Paul K. Conkin's lifetime. His personal experiences growing up on a small Tennessee farm complement compelling statistical data as he explores America's vast agricultural transformation and considers its social, political, and economic consequences. He examines the history of American agriculture, showing how New Deal innovations evolved into convoluted commodity programs following World War II. Conkin assesses the skills, new technologies, and government policies that helped transform farming in America and suggests how new legislation might affect farming in decades to come. <p><p> Although the increased production and mechanization of farming has been an economic success story for Americans, the costs are becoming increasingly apparent. Small farmers are put out of business when they cannot compete with giant, non-diversified corporate farms. Caged chickens and hogs in factory-like facilities or confined dairy cattle require massive amounts of chemicals and hormones ultimately ingested by consumers. Fertilizers, new organic chemicals, manure disposal, and genetically modified seeds have introduced environmental problems that are still being discovered. A Revolution Down on the Farm concludes with an evaluation of farming in the twenty-first century and a distinctive meditation on alternatives to our present large scale, mechanized, subsidized, and fossil fuel and chemically dependent system.
A Revolution in Economic Theory: The Economics of Piero Sraffa
by Ajit SinhaThis book draws on the work of one of the sharpest minds of the 20th century, Piero Sraffa. Ludwig Wittgenstein credited him for 'the most consequential ideas' of the Philosophical Investigations (1953) and put him high on his short list of geniuses. Sraffa's revolutionary contribution to economics was, however, lost to the world because economists did not pay attention to the philosophical underpinnings of his economics. Based on exhaustive archival research, Sinha presents an exciting new thesis that shows how Sraffa challenged the usual mode of theorizing in terms of essential and mechanical causation and, instead, argued for a descriptive or geometrical theory based on simultaneous relations. A consequence of this approach was a complete removal of 'agent's subjectivity' and 'marginal method' or counterfactual reasoning from economic analysis - the two fundamental pillars of orthodox economic theory.