The Political Economy of Conflict in South Asia

South Asia comprises the states of Bangladesh, India, Sri Lanka, the Maldives, Bhutan, Pakistan, Nepal and Afghanistan. It is an area of enormous opportunity, staggering diversity but also pervasive poverty and instability. Home to 1.64 billion people – roughly 24 per cent of the world’s population – South Asia is an important and emerging market that has averaged an impressive rate of re…

Economics in Ayn Rand’s Atlas Shrugged

ABSTRACT: This article provides a summary of economic issues found in Atlas Shrugged. It discusses the role of individual initiative, creativity, and productivity in economic progress as illustrated in this novel. It also shows the novel’s depiction of the benefits of trade—and the destruction of exchange relationships and production that results from government intervention in the econom…

DEVELOPMENT MACROECONOMICS

Asignificant analytical literature began to develop in the early 1970s to address a succession of macroeconomic woes that afflicted developing countries. By the 1980s, this literature had reached a level of rigor and sophistication comparable to that characteristic of macroeconomic analysis for high- income countries. However, these developments were not typically reflected in standard textbook…

Economic and Financial Analysis for Criminal Justice Organizations

All organizations must have a clear notion of their vision before they may craft and implement any form of strategy. This notion of vision encapsulates the future expression of what an organization hopes to become through the passing of time. Vision represents the perception of the anticipated end state of organizational maturation over large periods of time ranging from years to decades. Visio…

The Agglomeration of the Animation Industry in East Asia

Given the dramatic advances in the transportation and information technologies that have allowed the world economy to globalize over the last few decades, experts have begun to speculate on whether the world is now “flat” (Friedman 2007) or perhaps “spiky” (Florida 2008). Previous thinkers supposed that globalization would lead to creative workers being drawn to specific cities and regi…

Microeconomics

If each of us could get all the food, clothing, and toys we want without working, no one would study economics. Unfortunately, most of the good things in life are scarce—we can’t all have as much as we want. Thus scarcity is the mother of economics. Microeconomics is the study of how individuals and firms make themselves as well off as possible in a world of scarcity and the consequences o…

Introduction to Modern Economic Growth

First and foremost, this is a book about economic growth and long-run economic development. The process of economic growth and the sources of differences in economic performance across nations are some of the most interesting, important and challenging areas in modern social science. The primary purpose of this book is to introduce graduate students to these major questions and to the theo…

Macroeconomics

You are just beginning your study of economics, but let us fast-forward to the end of your first economics course. How will your study of economics affect the way you see the world? The final exam is over. You are sitting at a restaurant table, waiting for your friends to arrive. The place is busy and loud as usual. Looking around, you see small groups of people sitting and talking animated…

Production Economics

This book is concerned with production and related economic issues. Generally speaking, production consists of the transformation of factors of production into products. The way in which the production is carried out—the production process—is outlined in Fig. 1.1. First, the factors of production (also called input) are taken to a production plant, which is where the actual production …

THE THEORY OF ECONOMIC DEVELOPMENT

HIS book is the outcome of an invitation by the Warden and Fellows of All Souls to deliver the Chichele Lectures for 1966. The lectures as delivered were four in number. But since then I have added three more in order to make the coverage more adequate. My objective is very limited. I concentrate solely on the history of the main propositions of the theory of development·as they would ap…

Making Economic Sense

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Economic Management in a Volatile Environment

Since the 1990s, several developing economies have, to varying degrees, embraced “financial globalisation”, broadly defined as a set of poli- cies that involve allowing for greater openness to cross-border capital flows as well as greater market access to foreign financial institutions. Developing economies that have become increasingly dependent on and able to attract foreign private savin…

THE NEW POLITICAL ECONOMY OF URBAN EDUCATION

The city has emerged in recent years as an indispensable concept for many of the struggles for social justice we are all engaged in—it’s a place where theory meets practice, where the neighborhood organizes against global capitalism, where unequal divisions based on race and class can be mapped out block by block and contested, where the micropolitics of gender and sexual orientation are su…

Variegated Neoliberalism

The 2007–09 financial crisis has once again put finance back on the agenda. This book examines financial systems and – albeit indirectly – argues that the crisis is the logical outcome of neoliberal capitalism. The main objective of this study then is to demystify the process (or processes) of neoliberalization. More concretely it focuses on the European case study where historically aver…

TRADE SECRECY AND INTERNATIONAL TRANSACTIONS

Ask any business, large or small, to identify one of its most important assets and it is bound to identify its confidential and proprietary information or ‘trade secrets’. This is because it is in the nature of businesses to try to secure a competitive advantage over rivals and inventing the proverbial ‘better mouse- trap’ is one way to do so. Frequently, businesses that invent or crea…

The rise of The Global South

South–South Cooperation (SSC), through enhanced collaboration amongst the countries comprising the Global South, has often been on the front pages since early 1970s, when the United Nations Conference on Trade and Development (UNCTD) promoted the New International Economic Order (NIEO). However, the birth of the Global South as an entity could perhaps be traced to a 1949 speech, when US Presi…

The Global New Deal

In March 2009, British Prime Minister Gordon Brown called for a “global new deal whose impact can stretch from the villages of Africa to reforming the financial institutions of London and New York—and giving security to hard-working families in every country.” The prime minister proclaimed the need to “work for a more stable world where we defeat not only global terrorism but global pov…

InternatIonal PolItIcal economy

International Political Economy (IPE) is a central component of the interdisciplinary field of International Studies. Its current version is only about three decades old. IPE combines primarily the relevant parts of the disciplines of Political Science and Economics. It also draws on relevant facets of other disciplines such as Sociology, Geography, and Women’s Studies to deepen and broaden t…

CAPITALISM AND FREEDOM

ITIS WIDELY BELIEVED that politics and economics are separate and largely unconnected; that individual freedom is a political problem and material welfare an economic problem; and that any kind of political arrangements can be combined with any kind of economic arrangements. The chief contemporary man- ifestation of this idea is the advocacy of "democratic socialism" by many who condemn out of …

From Oikonomia to Political Economy

How did Western economic learning come to claim status as a separate discipline? When – and how – did it begin to define and organize its own field of specialization, vocabulary, areas of interest and methods of study? What kind of methodological problems were raised by the attempt to make economic knowledge a real science? What ties were there between the study of production, exchange and …

Theory of Accumulation and Imperialism

The subject of this study is Rosa Luxemburg’s contribution to economic theory. It arose out of materials gathered for a broader monograph, on the economic views of the Polish–German socialist, that was abandoned by the author. Such a narrowing of the subject-matter may nevertheless have some practical advantages. At a certain stage of research, one of the fundamental duties of the historian…

The General Theory of Employment, Interest, and Money

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PRACTICAL GUIDE TO CONTEMPORARY ECONOMICS

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BUSINESS ECONOMICS AND MANAGERIAL DECISION MAKING

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Increasing Returns and the New World of Business

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Manifesto for a human economy

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Economic convergence across German regions in light of empirical findings

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SOCIAL ECONOMICS

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The human element in the new economics: a 60-year refresh for economic thinki…

Abstract For more than half a century the discipline of economics has been based on an inadequate and misleading description of human nature. Translated into what students remember, and what has increasingly risen to the top in Anglo-American culture, this description promotes the idea that only selfishness is rational. Many economists and others have noted that the working out of the “r…

ECONOMICS IN ONE LESSON

THIS BOOK is an analysis of economic fallacies that are at last so prevalent that they have almost become a new orthodoxy. The one thing that has prevented this has been their own self-contradictions, which have scattered those who accept the same premises into a hundred different "schools/* for the simple reason that it is impossible in matters touching practical life to be consistently …