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Books > Business & Economics > Economics > Macroeconomics

European Integration in a Global Economy - Cesee and the Impact of China and Russia (Hardcover): Ewald Nowotny, Peter... European Integration in a Global Economy - Cesee and the Impact of China and Russia (Hardcover)
Ewald Nowotny, Peter Mooslechner, Doris Ritzberger-Grunwald
R2,063 Discovery Miles 20 630 Shipped within 7 - 12 working days

This important book discusses European integration in a global economic setting, investigating the impact of China and Russia as emerging global players in the catching-up process in Central, Eastern and South-Eastern Europe. The expert contributors focus on global imbalances and accompanying policy challenges, competitiveness and trade, the sustainability of current growth strategies, and banking and financial stability in the light of the global economic and financial crisis. They provide a multi-disciplinary assessment, combining the views of high-ranking central bankers, policymakers, commercial bankers and academics, and demonstrate that a broad view of European economic integration is crucial given that spillovers and contagion were major issues of the recent economic crisis. This book will prove an illuminating read for academics, researchers, students and policymakers with an interest in international economics, money, finance and banking and European studies.

Housing Markets and the Global Financial Crisis - The Uneven Impact on Households (Paperback): Ray Forrest, Ngai Ming Yip Housing Markets and the Global Financial Crisis - The Uneven Impact on Households (Paperback)
Ray Forrest, Ngai Ming Yip
R632 Discovery Miles 6 320 Shipped within 7 - 12 working days

Housing markets are at the centre of the recent global financial turmoil. In this well-researched study, a multidisciplinary group of leading analysts explores the impact of the crisis within, and between, countries. The impacts of the so-called global crisis are, in fact, highly uneven for both households and institutions. This unique book investigates why this is the case as well as emphasizing the consequences. It encompasses the experiences of all the major economies, including: Australia, China, Hong Kong, Hungary, Iceland, Ireland, Japan, New Zealand, South Korea, the UK, the USA and Vietnam, highlighting and comparing a wide range of housing systems and crisis impacts. Housing Markets and the Global Financial Crisis will strongly appeal to academics and postgraduate students in social policy, urban studies, public policy, economics, sociology and human geography. In addition, anyone with a general interest in globalization, neoliberalism and the changing nature of contemporary capitalist societies, as well as those with particular interests in housing markets and housing policy, will find this book enriching and enlightening.

Asian Monetary Integration - Coping with a New Monetary Order After the Global Crisis (Hardcover): Woosik Moon, Yeongseop Rhee Asian Monetary Integration - Coping with a New Monetary Order After the Global Crisis (Hardcover)
Woosik Moon, Yeongseop Rhee
R1,944 Discovery Miles 19 440 Shipped within 7 - 12 working days

Since the financial crisis began numerous ideas for monetary and financial cooperation in East Asia have been proposed both within and outside the region. Despite this strong level of interest, however, there are few studies that aim to comprehensively address the issue from multiple perspectives. This insightful book redresses the balance and illustrates how East Asian countries plan to take advantage of their rising economic power in rearranging the new international monetary and financial order in the post-crisis era. The authors examine the history, conditions and current efforts towards monetary integration in Asia and explore possible future paths, highlighting the roles and perspectives of East Asian countries in the integration process. They consider how East Asian economies could establish their own zone of monetary stability, and show that this stability cannot be separately addressed from the issues of economic growth and solidarity. Against this backdrop, the book tackles the issues of East Asian monetary integration underpinned by the broad framework of economic growth and solidarity. Scholars of economics, monetary integration, Asian studies and regionalism will find this book to be an illuminating and thought-provoking read.

The Microfoundations Delusion - Metaphor and Dogma in the History of Macroeconomics (Hardcover): J.E. King The Microfoundations Delusion - Metaphor and Dogma in the History of Macroeconomics (Hardcover)
J.E. King
R2,186 Discovery Miles 21 860 Shipped within 7 - 12 working days

In this challenging book, John King makes a sustained and comprehensive attack on the dogma that macroeconomic theory must have `rigorous microfoundations'. He draws on both the philosophy of science and the history of economic thought to demonstrate the dangers of foundational metaphors and the defects of micro-reduction as a methodological principle. Strong criticism of the microfoundations dogma is documented in great detail, from some mainstream and many heterodox economists and also from economic methodologists, social theorists and evolutionary biologists. The author argues for the relative autonomy of macroeconomics as a distinct `special science', cooperating with but most definitely not reducible to microeconomics. The Microfoundations Delusion will prove a stimulating and thought-provoking read for scholars, students and researchers in the fields of economics, heterodox economics and history of economic thought.

The Euro Experiment (Hardcover): Paul Wallace The Euro Experiment (Hardcover)
Paul Wallace
R572 Discovery Miles 5 720 Shipped within 7 - 12 working days

How and why did the euro crisis happen? What are the implications for the economic and political future of Europe? The euro is an extraordinary political and economic experiment, the results of which are still highly uncertain. This book, written by a leading commentator on the economics of the European Union, provides a clear and analytical guide to the euro experiment and the subsequent crisis. Written in a balanced way that is neither pro-euro nor euro-sceptic, it explains the political forces that helped to create and maintain the single currency. Further, it argues that the recent crisis can be best understood in terms of six fundamental issues: sovereign debt, banking, private debt, macroeconomic imbalances, defective economic governance, and the interplay of national and European politics. This accessible account will appeal to a wide readership, including general readers and students as well academics and policymakers working in banking and public policy.

Why Poverty Persists - Poverty Dynamics in Asia and Africa (Paperback): Bob Baulch Why Poverty Persists - Poverty Dynamics in Asia and Africa (Paperback)
Bob Baulch
R634 Discovery Miles 6 340 Shipped within 7 - 12 working days

This edited book analyses what traps people in chronic poverty, and what allows them to escape from it, using long-term panel surveys from six Asian and African countries. The distinguishing feature of these studies, which were commissioned by the Chronic Poverty Research Centre, is they span longer periods or have more survey waves than most developing country panels. This allows a detailed account of the maintainers of chronic poverty and drivers of poverty dynamics. Many of the studies (from Bangladesh, Ethiopia, Nepal, Pakistan, South Africa and Vietnam) are written by leading development economists, and all pay careful attention to the difficult issues of attrition, measurement error and tracking. The book's comparative perspective highlights the common factors which cause people to fall into chronic poverty and allow them to break-free from it. A number of promising policies and interventions for reducing chronic poverty are identified. This up-to-date book will be an excellent resource for international development agencies, academics specialising in development economics and development studies, and researchers in international NGOs. Graduate students of development economics and development studies will also find much to interest them.

Monetary Policy and Central Banking - New Directions in Post-Keynesian Theory (Hardcover): Louis-Philippe Rochon, Salewa... Monetary Policy and Central Banking - New Directions in Post-Keynesian Theory (Hardcover)
Louis-Philippe Rochon, Salewa 'Yinka Olawoye
R2,184 Discovery Miles 21 840 Shipped within 7 - 12 working days

Has the economic and financial crisis changed the way we conduct monetary policy? Is quantitative easing consistent with the endogeneity of money? These are but two of the questions this new book explores. The various contributors offer interesting and new perspectives on the conduct of monetary policy during the crisis, and provide sharp criticism of central bank policies in the US and Europe. Divided into two parts, this book presents a detailed, multi-faceted analysis of banking and monetary policy. The first part examines the role of central banks within an endogenous money framework. These chapters address post-Keynesian interest rate policy, monetary mercantilism, financial market organization and developing economies. In the second part of the book, the focus switches to the analysis of the financial crisis that began in 2007. The chapters in this section discuss the role of central banks in times of crisis. Monetary Policy and Central Banking is a must read for all those interested in the critical analysis of monetary policy. Students and scholars of post-Keynesian economics, banking, and financial crises will find this book of particular relevance.

Handbook of Research Methods on Social Entrepreneurship (Hardcover): Richard Seymour Handbook of Research Methods on Social Entrepreneurship (Hardcover)
Richard Seymour
R2,896 Discovery Miles 28 960 Shipped within 7 - 12 working days

Defining `social entrepreneurship' has in the past proved problematic, and debate continues concerning what it does and does not entail and encompass. This unique book frames the debates surrounding the phenomenon and argues that many of the difficulties relating to the study of social entrepreneurship are rooted in methodological issues. Highlighting these issues, the book sets out ideas and implications for researchers using alternative methodologies. Contributors expertly present practical guides for researchers, setting out appropriate strategies and methods that can be adopted to explore and understand social entrepreneurship. Chapters deal with research strategies such as storytelling, action research and the case study, as well as the methods appropriate for understanding discourse, large data sets, and networks. The book also explores some challenges for researchers, and will be of particular interest to early career researchers or researchers first approaching the field.

A Handbook of Economic Anthropology, Second Edition (Hardcover, 2nd Revised edition): James G. Carrier A Handbook of Economic Anthropology, Second Edition (Hardcover, 2nd Revised edition)
James G. Carrier
R4,792 Discovery Miles 47 920 Shipped within 7 - 12 working days

The first edition of this unique Handbook was praised for its substantial and invaluable summary discussions of work by anthropologists on economic processes and issues, on the relationship between economic and non-economic areas of life and on the conceptual orientations that are important among economic anthropologists. This thoroughly revised edition brings those discussions up to date, and includes an important new section exploring ways that leading anthropologists have approached the current economic crisis. Its scope and accessibility make it useful both to those who are interested in a particular topic and to those who want to see the breadth and fruitfulness of an anthropological study of economy. This comprehensive Handbook will strongly appeal to undergraduate and post-graduate students in anthropology, economists interested in social and cultural dimensions of economic life, and alternative approaches to economic life, political economists, political scientists and historians.

The Limits of the Market - The Pendulum Between Government and Market (Paperback): Paul De Grauwe The Limits of the Market - The Pendulum Between Government and Market (Paperback)
Paul De Grauwe
R413 Discovery Miles 4 130 Shipped within 7 - 11 working days
Behavioural Macroeconomics (Hardcover): Ian M. McDonald Behavioural Macroeconomics (Hardcover)
Ian M. McDonald
R4,694 Discovery Miles 46 940 Shipped within 7 - 12 working days

This invaluable volume brings together seminal articles with a significant behavioural content on various areas in macroeconomics. The topics covered include a historical perspective on psychology and economics, social norms and macroeconomics, the nature of unemployment, unemployment and inflation, consumption and saving, the causes of the global financial crisis, economic growth and happiness and income distribution and the underclass. The collection also covers a broad range of the theories and methods used in behavioural economics. The comprehensive volume, with an original introduction by the editor, will be an essential compendium for researchers and students interested in behavioural economics.

A Modern Guide to Keynesian Macroeconomics and Economic Policies (Paperback): Eckhard Hein, Engelbert Stockhammer A Modern Guide to Keynesian Macroeconomics and Economic Policies (Paperback)
Eckhard Hein, Engelbert Stockhammer
R703 Discovery Miles 7 030 Shipped within 7 - 12 working days

This unique and comprehensive `modern guide' presents state-of-the-art surveys covering the main areas of macroeconomics and economic policy by well-known post-Keynesian authors. The chapters explore intriguing and important issues including: * the history and methods of post-Keynesian economics * money, credit and central banks * growth and income distribution * post-Keynesian macroeconomics as an alternative to the New Consensus * the macroeconomics of unemployment and labour market issues * European economic policies * open economy models of distribution and growth * international monetary and global economics * financialisation and financial crisis. This well-documented book will prove to be the essential guide for researchers and graduate students in macroeconomics and political economy. It will also prove inspiring to a wider audience interested in modern Keynesian macroeconomics.

Do Markets Corrupt Our Morals? (Paperback, 1st ed. 2019): Virgil Henry Storr, Ginny Seung Choi Do Markets Corrupt Our Morals? (Paperback, 1st ed. 2019)
Virgil Henry Storr, Ginny Seung Choi
R573 R459 Discovery Miles 4 590 Save R114 (20%) Shipped within 7 - 12 working days

The most damning criticism of markets is that they are morally corrupting. As we increasingly engage in market activity, the more likely we are to become selfish, corrupt, rapacious and debased. Even Adam Smith, who famously celebrated markets, believed that there were moral costs associated with life in market societies. This book explores whether or not engaging in market activities is morally corrupting. Storr and Choi demonstrate that people in market societies are wealthier, healthier, happier and better connected than those in societies where markets are more restricted. More provocatively, they explain that successful markets require and produce virtuous participants. Markets serve as moral spaces that both rely on and reward their participants for being virtuous. Rather than harming individuals morally, the market is an arena where individuals are encouraged to be their best moral selves. Do Markets Corrupt Our Morals? invites us to reassess the claim that markets corrupt our morals.

Roads to Social Capitalism - Theory, Evidence, and Policy (Hardcover): Peter Flaschel, Sigrid Luchtenberg Roads to Social Capitalism - Theory, Evidence, and Policy (Hardcover)
Peter Flaschel, Sigrid Luchtenberg
R2,524 Discovery Miles 25 240 Shipped within 7 - 12 working days

The current crises in the financialization of capitalism, and their repercussions on the financial viability of entire countries, severely question the achievements of mainstream economics and its disregard of Keynes's theory of effective demand and finance. In view of this, Peter Flaschel and Sigrid Luchtenberg consider roads to a type of capitalism that could eventually be considered as `social' in nature. The authors underpin their study with theory, empirical evidence, and policy from a positive as well as a normative perspective. As points of departure for their concept of social capitalism, the theoretical framework provides a synthesis of the work of Marx, Keynes, and Schumpeter on ruthless capitalism, regulated capitalism, and competitive socialism. This challenging book will prove a thought-provoking and much needed alternative for academics and students of economics, heterodox economics and the history of economic thought, as well as for individuals interested in the understanding and reshaping of capitalism.

Exchange and Development - An Anatomy of Economic Transactions (Paperback): Peter A. Cornelisse, Erik Thorbecke Exchange and Development - An Anatomy of Economic Transactions (Paperback)
Peter A. Cornelisse, Erik Thorbecke
R631 Discovery Miles 6 310 Shipped within 7 - 12 working days

This innovative and important book develops a new framework for analysing exchange that takes place within and outside markets over the course of development. The authors argue that development and social and economic progress are greatly enhanced by a fluent and efficient exchange system. Conversely, the process of development encourages and facilitates trade. The authors introduce the concept of exchange configurations to capture the multiplicity of settings within which exchange occurs and the many different forms exchange and transactions can take. The book shows how exchange configurations can help to identify the factors that constrain the exchange process and lead to the formulation of effective reforms. It then uses a historical analysis of systems of exchange during different phases of development over the last two millennia to illustrate different exchange configurations. Exchange and Development will appeal to students at both the graduate and undergraduate level in the fields of economic development, international trade, microeconomics, institutional economics and economic history. Researchers in universities and policy makers in governments and international agencies will also draw much benefit from the entirely novel approach formulated in this book.

Why is There Money? - Walrasian General Equilibrium Foundations of Monetary Theory (Hardcover): Ross M. Starr Why is There Money? - Walrasian General Equilibrium Foundations of Monetary Theory (Hardcover)
Ross M. Starr
R1,726 Discovery Miles 17 260 Shipped within 7 - 12 working days

The microeconomic foundation of the theory of money has long represented a puzzle to economic theory. Why is there Money? derives the foundations of monetary theory from advanced price theory in a mathematically precise family of trading post models. It has long been recognized that the fundamental theoretical analysis of a market economy is embodied in the Arrow-Debreu-Walras mathematical general equilibrium model, with one great deficiency: the analysis cannot accommodate money and financial institutions. In this groundbreaking book, Ross M. Starr addresses this problem directly, by expanding the Arrow-Debreu model to include a multiplicity of trading opportunities, with the resultant endogenous derivation of money as the carrier of value among them. This fundamental breakthrough is achieved while maintaining the Walrasian general equilibrium price-theoretic structure, augmented primarily by the introduction of separate bid and ask prices reflecting transaction costs. The result is foundations of monetary theory consistent with and derived from modern price theory. This fascinating book will provide a stimulating and thought-provoking read for academics and postgraduate students focusing on economics, macroeconomics, macroeconomic policy and finance, money and banking. Central bankers will also find much to interest them within this book.

Monetary and Currency Policy Management in Asia (Hardcover): Masahiro Kawai, Peter J. Morgan, Shinji Takagi Monetary and Currency Policy Management in Asia (Hardcover)
Masahiro Kawai, Peter J. Morgan, Shinji Takagi
R2,424 Discovery Miles 24 240 Shipped within 7 - 12 working days

Asian economies strengthened their monetary and currency management after the Asian financial crisis of 1997-1998, and came through the global financial crisis of 2007-2009 relatively well. Nevertheless, the recent global crisis has presented new challenges. This book develops recommendations for monetary and currency policy in Asian economies aimed at promoting macroeconomic and financial stability in an environment of global economic shocks and volatile capital flows. Monetary and Currency Policy Management in Asia draws lessons from crises and makes concrete macroeconomic policy recommendations aimed at minimizing the impacts of an economic and financial downturn, and setting the stage for an early return to sustainable growth. The focus is on short-term measures related to the cycle. The three main areas addressed are: monetary policy measures, both conventional and unconventional, to achieve both macroeconomic and financial stability; exchange rate policy and foreign exchange reserve management, including the potential for regional cooperation to stabilize currency movements; and ways to ease the constraints on policy resulting from the so-called `impossible trinity' of fixed exchange rates, open capital accounts and independent monetary policy. This is one of the first books since the global financial crisis to specifically and comprehensively address the implications of the crisis for monetary and currency policy in emerging market economies, especially in Asia. Presenting a broad menu of policy options for financial reform and regulation, the book will be of great interest to finance experts and policymakers in the region as well as academics and researchers of financial and Asian economics and also economic development.

Managing Macroeconomic Policies for Sustainable Growth (Hardcover): John Asafu-Adjaye, Renuka Mahadevan Managing Macroeconomic Policies for Sustainable Growth (Hardcover)
John Asafu-Adjaye, Renuka Mahadevan
R1,871 Discovery Miles 18 710 Shipped within 7 - 12 working days

The authors expertly reveal a model-based analysis of economic development and environmental issues with policy prescriptions for enhancing sustainable development. Within the last four decades, there has been a rapid deterioration in the quality of our environmental and natural resources, raising grave concerns about the sustainability of unbridled economic growth. In light of these concerns, the authors analyse a range of economic and environmental issues, and propose policy recommendations that would enhance sustainable economic growth. The book covers a variety of issues related to economic development, trade, energy and climate change, and focuses on countries in the Asia-Pacific region including Australia, Thailand, Papua New Guinea and Fiji. Managing Macroeconomic Policies For Sustainable Growth uniquely discusses aspects of the CGE modelling approach that will prove informative for academic researchers and postgraduate students in the areas of economic development and environmental policy. This original book will also appeal to policy analysts and policymakers in public and private institutions.

The Elgar Companion to the Chicago School of Economics (Paperback): Ross B. Emmett The Elgar Companion to the Chicago School of Economics (Paperback)
Ross B. Emmett
R913 Discovery Miles 9 130 Shipped within 7 - 12 working days

Many know the Chicago School of Economics and its association with Milton Friedman, George Stigler, Ronald Coase and Gary Becker. But few know the School's history and the full scope of its scholarship. In this Companion, leading scholars examine its history and key figures, as well as provide surveys of the School's contributions to central aspects of economics, including: price theory, monetary theory, labor and economic history. The volume examines the School's traditions of applied welfare theory and law and economics while providing a glimpse into emerging research on Chicago's role in the development of neoliberalism. A companion in the true sense of the word, this volume surveys a wide body of Chicago economic studies and guides readers carefully through each. The Companion offers biographies of leading Chicago economists and evaluations of the School's connection to approaches to economics that draw from and complement the School, including the Virginia School and the work of Armen Alchian and Edward Lazear. Moreover, this book is a first in many respects as it analyzes the interconnections of the Chicago School's theory, methodology, and policy, and considers by what means and ideas the School's policy framework is driven. The breadth and depth of the insights presented here will appeal especially to students and scholars of economics and historians interested in economics, social science and applied public policy.

Financial Instability and Economic Security After the Great Recession (Hardcover): Charles J. Whalen Financial Instability and Economic Security After the Great Recession (Hardcover)
Charles J. Whalen
R2,063 Discovery Miles 20 630 Shipped within 7 - 12 working days

This timely book rethinks economic theory and policy by addressing the problem of economic instability and the need to secure broadly shared prosperity. It stresses that advancing economics in the wake of the Great Recession requires an evolutionary standpoint, greater attention to uncertainty and expectations, and the integration of finance into macroeconomics. The result is a broader array of policy options - and challenges - than conventional economics presents. Building on the pioneering work of Thorstein Veblen, John R. Commons and John Maynard Keynes, the authors synthesize key insights from Institutional and Post Keynesian economics into Post-Keynesian Institutionalism. Then they use that framework to explore an array of economic problems confronting the United States and the world. Inspired by the work of Hyman Minsky, the authors place financial relations at the center of their analysis of how economies operate and change over time. Students and scholars of macroeconomics and public policy will find this book of interest, as will a wider audience of financial analysts, policymakers and citizens interested in understanding economic booms and downturns.

Institutions in Crisis - European Perspectives on the Recession (Hardcover): David Howden Institutions in Crisis - European Perspectives on the Recession (Hardcover)
David Howden
R2,183 Discovery Miles 21 830 Shipped within 7 - 12 working days

This critical and thought-provoking book explores the causes and consequences of Europe's failed political and economic institutions. Europe's recession has created new challenges as market turmoil has shaken the foundations of the twin pillars of the new drive for European integration - political and monetary unions. This book critically assesses the patchwork solutions continually offered to hold the troubled unions together. Failed political policies, from the prodigious `Common Agricultural Policy' to ever more common fiscal stimulus packages, are shown to have bred less than stellar results in the past, and to have devastating implications for future European growth. The contributors outline the manner through which European monetary union has subsidized and continues to exacerbate the burgeoning debt crisis. Most strikingly, the interplay between Europe's political and economic realms is exposed as the boondoggle it is, with increasingly bureaucratic institutions plaguing the continent and endangering future potential. Combining political and economic analysis, this comprehensive book will prove essential for researchers and students in international business and macroeconomics. Educated laymen wanting a keener perspective on Europe's recession will also find this book to be invaluable.

On the Brink of Deglobalization - An Alternative Perspective on the Causes of the World Trade Collapse (Paperback): Peter A G... On the Brink of Deglobalization - An Alternative Perspective on the Causes of the World Trade Collapse (Paperback)
Peter A G Bergeijk
R524 Discovery Miles 5 240 Shipped within 7 - 12 working days

On the Brink of Deglobalization addresses the breakdown of international trade and capital flows in 2008/09 and challenges the mainstream narrative for the world trade collapse. Detailed chapters on international finance, fragmentation of production, protectionism and earlier episodes of collapsing trade reveal data that contradicts conventional explanations and demonstrates that the trade collapse was driven by the shock of (perceived) trade uncertainty. Peter van Bergeijk discusses why trade barriers and import substitution are seen as solutions during depressions while presenting empirical evidence demonstrating the risks of such policies. This book provides a broad, historical and statistical analysis relevant to understanding the recent world trade collapse. Being the first comprehensive analysis of the risks and drivers of deglobalization, this unique and challenging book will appeal to trade economists, trade policymakers and analysts as well as those involved in international business.

The Dollar Trap - How the U.S. Dollar Tightened Its Grip on Global Finance (Hardcover): Eswar S. Prasad The Dollar Trap - How the U.S. Dollar Tightened Its Grip on Global Finance (Hardcover)
Eswar S. Prasad
R634 R492 Discovery Miles 4 920 Save R142 (22%) Shipped within 7 - 12 working days

The U.S. dollar's dominance seems under threat. The near collapse of the U.S. financial system in 2008-2009, political paralysis that has blocked effective policymaking, and emerging competitors such as the Chinese renminbi have heightened speculation about the dollar's looming displacement as the main reserve currency. Yet, as "The Dollar Trap" powerfully argues, the financial crisis, a dysfunctional international monetary system, and U.S. policies have paradoxically strengthened the dollar's importance.

Eswar Prasad examines how the dollar came to have a central role in the world economy and demonstrates that it will remain the cornerstone of global finance for the foreseeable future. Marshaling a range of arguments and data, and drawing on the latest research, Prasad shows why it will be difficult to dislodge the dollar-centric system. With vast amounts of foreign financial capital locked up in dollar assets, including U.S. government securities, other countries now have a strong incentive to prevent a dollar crash.

Prasad takes the reader through key contemporary issues in international finance--including the growing economic influence of emerging markets, the currency wars, the complexities of the China-U.S. relationship, and the role of institutions like the International Monetary Fund--and offers new ideas for fixing the flawed monetary system. Readers are also given a rare look into some of the intrigue and backdoor scheming in the corridors of international finance.

"The Dollar Trap" offers a panoramic analysis of the fragile state of global finance and makes a compelling case that, despite all its flaws, the dollar will remain the ultimate safe-haven currency.

Development Trajectories in Global Value Chains - Making Cars in the New India  : Industry, Precarity and Informality... Development Trajectories in Global Value Chains - Making Cars in the New India : Industry, Precarity and Informality (Paperback)
Tom Barnes
R721 R681 Discovery Miles 6 810 Save R40 (6%) Shipped within 7 - 12 working days

Auto manufacturing holds the promise of employing many young Indians in relatively well-paid, high-skill employment, but this promise is threatened by the industry's role as a site of immense conflict in recent years. This book asks: how do we explain this conflict? What are the implications of conflict for the ambitious economic development agendas of Indian governments? Based upon extensive field research in India's National Capital Region, this book is the first to focus on labour relations in the Indian auto industry. It proposes the theory that conflict in the auto industry has been driven by twin forces: first, the intersection of global networks of auto manufacturing with regional social structures which have always relied on informal and precariously-employed workers; and, second, the systematic displacement of securely-employed 'regular workers' by waves of precariously-employed 'de facto informal workers'.

Economics of Global Business (Paperback): Rodrigo Zeidan Economics of Global Business (Paperback)
Rodrigo Zeidan
R1,190 R989 Discovery Miles 9 890 Save R201 (17%) Shipped within 7 - 13 working days

A textbook with innovative real-world macroeconomic analyses of timely policy issues, with case studies and examples from more than fifty countries. This timely and refreshingly real-world focused textbook examines some of the world's most critical policy issues through a macroeconomics lens. After presenting analytical foundations, modeling tools, and theoretical perspectives, Economics of Global Business goes a step further than most other texts, with a practical look at the local and multinational tradeoffs facing economic policymakers in more than fifty countries. Topics range from income equality and the financial crisis to GDP, inflation and unemployment, and, notably, one of the first macroeconomic examinations of climate change. Written by a globetrotting economist who teaches and consults on three continents, Economics of Global Business aims not for definitive answers but rather to provide a better understanding of the context-dependent rationales, constraints, and consequences of economic policy decisions. The book covers long-run and short-run growth (with examples from the United States, China, the European Union, South Korea, Japan, Latin America, Africa, Australia, and Vietnam); financial crises and central banks; monetary and fiscal policies; government budgets; currency regimes; climate change and macroeconomics; income inequality; and globalization. All chapters rely on recent and historical examples of economic policy in action. The book is particularly suitable for use as an introduction to macroeconomics for business students.

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