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This book includes papers presented at the 14th International Conference “Economies of the Balkan and Eastern European Countries” (EBEEC), held in Florence, Italy, in May 2022. It sheds new light on the micro- and macroeconomic developments in the Eastern European and Balkan countries, taking into account also the broader regional and global factors influencing these developments. In particular, it includes the latest theoretical and empirical research and policy insights from Central and Southeastern Europe and presents new ideas on how to resolve economic problems, also generated by the pandemic, in the Balkan and Eastern European economies in a pan-European context. By examining how the decisions and the performance of economic, social, and political actors in the area are intertwined with wider events, also at a global level, the papers highlight the dynamic development in Eastern Europe and the Balkans region. Further, the book demonstrates how the area is evolving within the framework of European economic integration and the global effervescent economy.

The contents of this volume focuses on the economic issues such as income inequality, foreign direct investment, world income classification, business issues such as customer churn analysis, internal branding, human resources issues among others. The papers were presented during the 11th Annual Research Conference of Symbiosis Institute of Management Studies (SIMSARC2020). The book also focuses on the information technology and its application for the business in the form of social media, role of artificial intelligence etc. The contents of the volume are highly relevant, consisting of recent data and results, and based on strong research and statistical analysis. They widely cover the business, society and environmental issues faced in the present times, and the challenges faced by India to reach its goal of a trillion dollar economy. The papers not only discuss the issues but also come up with research based solutions and will be of interest to scholars, corporates, policy makers, and academics alike.

This proceedings book presents selected papers from the 10th international conference on the'Economies of the Balkan and Eastern European Countries in the Changing World'(EBEEC), held in Warsaw, Poland, in May 2018. In addition to discussing the latest research, it includes papers adopting a wide variety of theoretical approaches and empirical methodologies and covering a number of key areas, such as international economics, economic growth, finance and banking, insurance, healthcare, agriculture, labor and energy markets, innovation, management and marketing. In addition, the authors discuss policy instruments and best practices for the region. This book appeals to scholars and students in fields of economics and finance as well as practitioners interested in the development of the region.

Competition, Efficiency and Welfare contains a collection of papers in honor of Manfred Neumann. This collection was prepared as a tribute to a teacher and scholar, whose accomplishments have enriched various fields of economics. The magnitude of his interests is reflected in the breadth of topics covered in this volume: industrial economics, competition policy and related topics. However, if one unifying principle runs through Manfred Neumann's work, it is the belief in the power of competition. Born on May 16, 1933, Manfred Neumann studied economics at the University of Cologne. He graduated in 1960. In 1969 Manfred Neumann was appointed Professor of Economics at Nürnberg University. He was Dean of the Faculty of Economics and Social Sciences of the University of Erlangen-Nürnberg, President of the European Association for Research in Industrial Economics (EARIE) and Chairman of Industrial Organization Study Group of the Verein für Sozialpolitik. Most of his professional career has been spent at Nürnberg, where he has helped to make the Economic Institute one of the leading research centers in Industrial Organization. He has also been involved in various advisory activities. The volume contains 18 essays. The first twelve are grouped into four categories: Innovation and R&D (Part I), Cartels (Part II), Mergers and Merger Policy (Part III), and Methodological Issues in Industrial Organization (Part IV). These papers fall within the bounds of industrial economics, which has been Manfred Neumann's primary research interest throughout his career. Part V includes two papers on theories of international trade, which has been a recurring topic of interest for Manfred Neumann through the years. The last three papers look at broader policy and macroeconomic issues. Contributors to this volume include Karl Aiginger, David B. Audretsch, Paul A. Geroski, Stephen Martin and Dennis Mueller.

This book, a special publication in the Series, is a comprehensive exploration of business adaptation and evolution in times of global uncertainty. Compiled from the finest papers presented at the 16th Annual Euromed Academy of Business (EMAB) Conference on business transformation in uncertain global environments, this volume delves into the intricate interplay between businesses and the challenges posed by an uncertain global landscape. The book spotlights organizational responses to changes, complexity, and critical events. Drawing inspiration from the conference theme, the chapters present an understanding that crises are not mere obstacles but rather catalysts for transformation and evolution in organizational development, industries, and markets. Navigating beyond the acknowledgment of crises as transformative agents, contributors examine the intricate mechanisms, characteristics, effects, and motivations driving change. Recognizing the diverse landscape of organizations, industries, and markets, the book offers scientific insights into the adaptability of organizations in turbulent and critical conditions. From Multinational Corporations (MNCs) to Small and Medium Enterprises (SMEs), family enterprises, and start-ups, chapters encompass a spectrum of organizations, contributing to a nuanced understanding of adaptability. In line with previous volumes, the book provides descriptive and prescriptive research, offering solid empirical and conceptual scientific accounts. With a commitment to advancing knowledge, it is an essential resource for researchers in management, strategy, marketing, and economics/finance, and provides theoretical elucidations and practicable insights for executives and industries alike.

This book features a selection of papers presented at the 15th International Conference “Economies of the Balkan and Eastern European Countries” (EBEEC), held at the University of the Aegean in Chios, Greece, May 12-14, 2023. The EBEEC conference serves as an annual meeting of policy makers from Eastern European and Balkan countries as well as scientists. More than 300 researchers and students attended the conference and presented their work in parallel sessions.This volume deals with various aspects of economic growth, prosperity and (environmental, social and economic) sustainability of countries in the region in the context of globalization and digitalization. It also examines topics such as consumer behavior towards new products and services, human capital, teleworking, the food market, international trade and foreign direct investment. In turn, the book proposes frameworks and solutions to help countries deal with and manage the complex local and global environment.

This book is an innovative exercise to unravel recent advances in development fundamentals in emerging economies through Indian lens that include various aspects of macroeconomics, international trade, finance, and issues connected to social sector that have become more important in post-pandemic world. The book throws light on efficacy of existing policies and need of reform in policy framework to enhance growth and development and reduce gender disparities in the context of India and other emerging economies. The papers included in different chapters use frontline techniques to discuss various issues that in turn will be of great help for graduate and postgraduate teaching as well as for research. The book substantially contributes to the growing literature on issues relating trade, development, finance, and social sector in light of threat posed by COVID-19 pandemic in emerging market economies and extends the frontiers of knowledge.

This book provides a thorough understanding of the key policy debates on international trade and investment for development with a focus on the East African Community (EAC) to strengthen Member States'capacity to develop policies to promote their exports'competitiveness and diversification. Beyond Member States', the book serves as a base for a deeper understanding of the challenges, opportunities and requirements of the intra-continental trade agreement which is now in sight with the ratification of the Tripartite (EAC-COMESA-SADC) Free Trade Area that is critical in addressing key constraints to trade in the African continent. Moreover, the lessons from this edited volume may also extend to the challenges and opportunities of the African Continental Free Trade Area. The book brings together a comprehensive overview and an evidence-based analysis that can be considered best practice in the region. The trade and investment policy analysis of constraints and opportunities aims to improve trade and competitiveness and covers macro- (economy-wide), meso- (sectoral) and micro- (firm or household) levels. This multi-level approach is crucial for understanding how current trade and investment policies limit competitiveness and diversification in order to identify more tangible policy action for overcoming such constraints. The individual contributors follow comprehensive applied empirical approaches, and each chapter generates knowledge needed to identify key challenges and opportunities focusing on research-led policy-relevant approaches that enable readers to better understand national, bilateral, and multilateral cooperation as well as policies for sustainable development in East Africa. The contributors know the EAC context very well as their engagement in policymaking goes beyond the context of the papers they are writing about. The individual chapters were developed as part of a research and capacity building programme under the aegis of ACP and EUthat we implemented in 2020-2022. The research project well fits into the Frontiers in African Business Research series as we have many African contributors. The contributions matter to policymakers and academic circles. For students, the book serves as an excellent guide for understanding international trade and investment theories and gaining up-to-date knowledge on developments in the world economy and their effects on developing countries and SDGs. Trade policy researchers and students will be able to extend theories and empirical data to address new and emerging topics beyond the settings already covered in the book.

Evolutionary economics gained acceptance for the study of industrialized countries during the 1990s but has, as yet, contributed little to the study of world income inequality. The expert contributors gathered here approach underdevelopment and inequality from different evolutionary perspectives. It is argued that the Schumpeterian processes of'creative destruction'may take the form of wealth creation in one part of the globe and wealth destruction in another. Case studies explore and analyse the successful 19th century policies that allowed Germany and the United States to catch up with the UK and these are contrasted with two other case studies exploring the deindustrialization and falling real wages in Peru and Mongolia during the 1990s. The case studies and thematic papers together explore, identify and explain the mechanisms which cause economic inequality. Some papers point to why the present form of globalization increases poverty in many Third World nations. Members of the anti-globalization movement will find the explanations given in this book insightful, as will employees of international organizations due to the important policy messages. The theoretical interest within the book will appeal to development economists and evolutionary economists, and policymakers and politicians will find the explanations of the present failure of many small nations in the periphery invaluable.

The papers in this proceedings volume were presented at the 9th international conference “The Economies of the Balkan and Eastern European Countries in the Changing World” (EBEEC) held in Athens, Greece, in April 2017. They include the scientific results of research on current issues relevant for the wider area of Eastern Europe. Authors from 30 different countries develop new ideas, covering topics such as international economies, European integration, the economic crisis, macroeconomics, banking, stock markets, education, energy, innovation, and marketing. The contributions also examine the role of the economies of the Balkan and Eastern European countries in a pan-European context.

On 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.

The Doha Development Agenda, may go down in history as the slowest development round of all times. Starting in 2001, negotiations have been going on for 13 years and collapsed on several occasions in the meantime. With regards to its goal to ensure developing countries, and especially the least-developed among them, a share in the growth of world trade, barely any progress was made. To the extent that one may question how legitimate it is to call the Doha Round a Development Round at all. Especially the notorious point of trade liberalization in agriculture has delayed the negotiations. While the WTO member states agreed on cutting tariffs and reducing agricultural subsidies, opinions differ sharply on exemptions for certain products from these broad ruled. In another critical point, services, negotiations have hardly progressed. The WTO negotiators have missed every deadline agreed upon and various observers suggested to drop the entire venture. The aim of this paper is to find the reasons for the slow progress in order to see if the obstacles may be overcome and the Doha Round might be completed successfully.

The Post-Uruguay Round era has seen a proliferation of regional preferential trade agreements (PTAs) as well as progressive multilateral trade liberalization initiatives. This has stimulated theoretical discussion on whether the policy of pursuing PTAs will have a malign or a benign impact on multilateralism. In the former case, proliferation of PT As may increase protection in global trade due to trade diversion effects, thereby creating impediments to multilateral freeing of global trade. In the latter case, the expansion of PTA membership could ultimately lead to non-discriminatory global free trade. At the core of this discussion is the question of how to explain the preference for PTA membership. While some economists view the expansion of PTA membership as exogenously determined, participants of the Fourth Annual Workshop of the Network EU-LDC Trade and Capital Relations also considered endogenous factors explaining increased PTA membership. This book offers a closer look at the motives of policy makers in both developed and developing countries to still adhere to PTAs, notwithstanding the theoretical superiority of multilateralism, and addresses the question of how to bring order into the world trading system. These issues are dealt with in 9 chapters by scholars from both the EU and LDCs. Each paper is discussed in terms of its policy relevance by a policy maker as well as by an academic specialized in the field.

Taiwan's Development Experience: Lessons on Roles of Government and Market scrutinizes the main features of the Taiwanese development experience under five interrelated themes and domains: Outward-orientation vs. inward-orientation; Sources of growth; Dynamic balanced growth process: the interaction between agricultural and non-agricultural sectors; The role of government in the transition to a more market-oriented economy; and The potential transferability of the Taiwanese development experience to developing countries. In addition to highlighting the essential contributions of papers, the Editors also bring out the views and contributions, under each of the above headings, of two distinguished former Cornell University colleagues who are honored at the sponsoring conference - T.C. Liu and S.C. Tsiang.

Globalization, Technological Change and Labor Markets is an edited collection of papers drawn from the conference held at the American Institute for Contemporary German Studies in June 1997. This conference brought German and American perspectives to bear on the complex issues of global competition, technological change, and labor markets in the welfare state. The contributions are organized into five sections dealing with various aspects of the problem: (1) Macroeconomic Perspectives; (2) Microeconomic Aspects; (3) the German Model of Labor Relations; (4) the Social Market Economy; and (5) Trade Policy and Environmental and Labor Standards. This edited collection seeks to explore many of the key issues surrounding the debate over the impact of globalization and technological change on labor markets in Europe and the United States. `This volume provides path-breaking insights as to why globalization has wreaked havoc on the welfare states that had once propelled Western Europe and North America to an unprecedented standard of living throughout the post-war period. The high level of scholarship contained in the individual chapters forms a compelling argument that will convince even the most resistant skeptics that the days of the classic welfare state are numbered. More importantly, this book is filled with concrete suggestions based on careful economic analysis as to how technological change and globalization can be harnessed in conjunction with a new role of the state to provide a high standard of living.'David B. Audretsch, Ameritech Chair of Economic Development, Indiana University

Against the background of the introduction of the euro in 1999, France, Germany and Italy have recently experienced higher divergence in terms of GDP growth. Indeed, there is no consensus among economists regarding the effects of monetary union, which can lead either to more specialisation as in the United States, or to increasing intra-industry trade, hence higher co-movements. Based on a set of original papers produced by a team of economists from the three main National Central Banks of the euro area, presented to an International Conference held in Paris as well as the contributions of panel of leading economists, the book analyses the latest developments in three largest European economies in a broad perspective, using modern econometric techniques. One of the conclusions is that, while business cycles are more strongly correlated across the three countries, as evidenced by the common reaction to the 2001 slowdown, the three countries still exhibit differences in terms of long term growth.

Trade reform programs have two main objectives. The first is to help raise economic growth and employment generation by improving resource allocation and economywide efficiency. The second is to help improve the balance of payments by strengthening the competitiveness of the external sector and expanding exports and efficient import substitutes. This paper evaluates developing country experience with trade policy reforms and makes recommendations for improving the design and implementaion of those reforms. It assesses the extent and effectiveness of the reforms under adjustment programs in the 1980s, highlighting practical problems and constraints, both economic and politcal. Broadly speaking, it considers three issues: (1) the potential conflicts between trade policy reforms and macroeconomic stabilization efforts; (2) the supply response to trade policy reforms, in the context of export prospects and domestic and external constraints; and (3) the sequencing, timing and duration of import reforms, their relation to internal reforms, and the associated transitional costs. The paper finds that trade policy reform, when implemented well, has contributed to improved economic performance in developing countries. The paper also finds that well-designed trade policy reforms do not conflict with other priorites except in special cases; usually they enhance growth.

The China-Pakistan-Economic Corridor (CPEC) is the flagship project of Belt and Road Initiative by China. This project has attracted much of the focus and attention owing to its geostrategic significance where it connects China with Pakistan through the strategic port of Gwader and through a network of road and rail connection, henceforth improving China's and Pakistan's outreach in the Asian, African and European markets. This study takes a new direction and examines the development of CPEC projects across Pakistan by choosing six projects in both rural and urban areas and their impact on the daily lives of people as reflected in three crucial Sustainable Development Goals (SDGs) encapsulated by the United Nations—good health and wellbeing, inclusive and equitable quality education, and decent work and economic growth (SDGs 3, 4, and 8, respectively). This is a new approach used to study the impact of the CPEC beyond geopolitics and for the common people in Pakistan who are directly or indirectly affected by various CPEC projects. This is under studied aspect of the literature on CPEC and this monograph adequately fills the gap in literature. The study takes a deep dive into 6 CPEC projects i.e., Sahiwal Coal Power Plant, Orange Line Metro Train, Lahore, Rasahkai Special Economic Zone, Peshawar-D.I.Khan Motorway, Kohala Hydro Power Project and Neelum-Jehlum Power project to understand how these projects have affected the lives of common people through their impact on SDGs 3,4 and 8. For the first time people's centric approach has been adopted to evaluate the development impacts of the CPEC.

This book examines human capital development in the Middle East. It focuses on the investment in human capabilities, namely education and health, the two most critical components of growth and development. The book assesses the impact of the COVID-19 pandemic on the healthcare sector, with particular attention paid to effectiveness of public health policies and services, health expenditure, mortality rates, and psychological effects of the pandemic on the wider society. It also evaluates the pandemic effects on the education sector, more specifically medical education, physical education, emotional effects on students and teachers, method of communications, learning and teaching, and the extent to which digital readiness has minimized these effects. The book reveals the severity of the pandemic on human capabilities in terms of loss of lives, illness, vaccinations, knowledge acquisitions, skills development, and productivity, while providing new insights for governments to deal with similar crises in the future. It uses a variety of research methods and quantitative and qualitative techniques, country case studies, and primary data collected through survey questionnaires, interviews, and official reports to analyse the impact of the pandemic on health and education. The analyses are supported by statistical data and illustrated by tables and figures. Readers, students, researchers, industry practitioners and policy makers will benefit from the new insights offered by a diverse group of 40 professors, researchers, and industry experts from across the Middle East and beyond.

This book assesses the architecture of performance measurement systems (PMS) in emerging countries, utilizing a mix of theoretical frameworks and empirical evidence, with Bangladesh as a case context. It examines the evolution and improvement of performance measurement over time with the introduction of new tools, such as multiple dimensional measures and the balanced scorecard (BSC). The book explores the historical and cultural roots of PMS within the context of developing countries and its latest developments in the context of sustainability practices and sustainable development. Additionally, this book provides empirical evidence from the banking sector in Bangladesh, highlighting the factors driving firms to adopt new PMS. This book is an invaluable resource for researchers and policymakers interested in performance measurement systems in developing countries, offering a foundation for future research and policy initiatives.

This book broadens the reader's knowledge of several important issues having to do with the economy of Indonesia and its surrounding regions, to which Professor Iwan Jaya Azis has made significant contributions in the last 40 years. The book is divided into three parts, the first of which contains several chapters describing fundamental methods in regional economics, development economics, macroeconomics, and finance. These methods are crucial in understanding the political economy of Indonesia and the neighboring regions. Among the techniques discussed are social accounting matrix (SAM) analysis, computable general equilibrium (CGE) modeling, and agent-based modeling (ABM) approaches. The second part is on several important issues related to the Indonesian economy. The topics covered are urbanization, resource booms, manufacturing, and micro and small enterprises. The book's third part deals with the economies of several countries in the neighboring Southeast Asian region, including the Philippines, Vietnam, and Thailand.

Focusing on these developing problems and growing troubles, this book mainly discusses economic growth issues related to demographic transition, as well as livelihood issues derived from them and closely related to policy logic. It aims to make theoretical analysis and provide necessary international experience and lessons and put forward targeted policy advice. This book proposes a three-pronged pattern of competition policy, industrial policy, and social policy to achieve productivity improvement and innovation momentum; gives full play to China's super-large market advantages, attractiveness and negotiating position; and promotes each other through domestic and international dual cycles to achieve a higher level of development.

This book aims to reveal the dynamic mechanism of China's economic system innovation. It measures the efficiency of China's economic growth under the New Normal with the tools of DEA, SFA, and PCA. The book analyzes the contribution of capital, labor, and productivity to China's economic growth by Solow residual value method and the power source of China's economic development under the New Normal. In this book, it adopts the vertical integration of logical thinking, combined with the horizontal diversification of topics, to show a brand-new research method.

​This edited book examines the private higher education (PHE) sector in African countries. Reports suggest that private institutions across the continent outnumber their public counterparts, yet there has been little scholarly investigation into this emerging phenomenon. The book therefore seeks to document, map and analyse key trends and contemporary themes in the PHE sector, as well as chart historical developments, policy and regulatory frameworks. As a whole, it provides the reader with in-depth knowledge, rich perspectives and robust analyses from leading authorities in the field. Contributions from all sub-regions combine thematic issues with shaping discourse on the topic, and the discussions are undertaken in the context of global perspectives. The book will be of interest to academics, researchers, postgraduate students, policy makers, analysts and development partners interested in African higher education and PHE in particular.

This book reviews China's strategic pathway over the last 1000 years and considers its prospects for ascending to high-income status by the end of the 21st century. It analyzes why, although China's chances of joining the global core are sound, they are not outstanding; in addition, it faces mounting challenges, internal and external alike. The argument is presented in the framework of dynamic-strategy theory, which is expounded here in novel form. This exposition includes a wide ranging survey of global history, with a focus on the development of the industrialisation paths of the major economies of today, including a detailed study of Japan's long-run strategic pathway. The book's closing section presents a scenario-based discussion of China's potential place in the world in 2100. The analysis implies that China's zenith is likely to be reached slightly before mid-century, after which its relative economic scale will likely decline. Beyond that generalfinding, the scenarios investigate the wide range of plausible outcomes that China may experience: a range that the author contends is much wider for China than for nations under-pinned by less complex political-economies. Given its scope, the book will appeal to scholars of history, economics, geopolitics and sinology, and to anyone interested in learning about China's economic prospects at a time of increasingly heated ideological and empirical debates.

This book presents a holistic picture of Nigeria's financial services landscape. This includes identifying service providers and regulatory bodies, understanding consumer behaviour, and examining the unique challenges faced by Nigerian financial institutions. The book presents up-to-date research on recent developments and regulatory changes within Nigeria's financial sector, as well as future considerations for how financial services and financial inclusion can play a crucial role in the country's sustainable economic growth. Combining academic analysis with practical insights, the book takes readers through Nigeria's key financial services providers, regulators, consumers, marketing strategies and challenges. A core focus throughout is on financial inclusion and the opportunities associated with reaching financially underserved or excluded populations, demonstrating how increasing financial access at a country-wide level aligns with global goals of reducing inequalities and promoting growth. It will have interdisciplinary appeal to scholars, students and professionals working in finance, economics, business, public policy and development studies.

This book is concerned with the varying responses of South American countries to the Belt and Road Initiative (BRI). Since Beijing launched the Belt and Road Initiative in 2013, 3/4 of countries in the world have engaged with China's arrangement of promoting global physical and digital connectivity. This still leaves a quarter of them that have refused China's offer so far or withdrawn. How do we account for why countries chose to join the BRI while others do not? Research on South American countries'responses to the BRI is scant, but the topic is pertinent. While the great-power competition and systemic rivalry have spoiled the appetite of European countries to intensify their ties with China, many developing countries seem to be rather interested. This book will interest scholars of international political economy, geopolitics, foreign policy and international development.

This book analyzes consumption patterns in Asian countries that are at different stages of economic development and highlights the similarities and disparities of consumption patterns across countries using a system-wide framework. In a departure from previous studies in the literature which mainly present only single-country analysis, this book aims to provide a comprehensive analysis of cross-country consumption patterns considering several Asian countries, using the most recent consumption expenditure data for aggregate commodity groups. In comparing consumption patterns across countries, the book use unit-free measurements such as budget shares and changes in logarithms of price and quantities, thus avoiding problems associated with exchange rate conversions. The book also analyses the dynamic behaviour in the consumption patterns of the Asian consumers. The findings of this book will be invaluable to researchers in development economics as well as policymakers in the formulation of fiscal policy or other types of economic control.

This edited collection examines the impact of new technologies and new managerial and policy perspectives on entrepreneurial development in Southern Africa, paying particular attention to small and medium sized enterprises, which contribute significantly to GDP and employment, but often find it difficult to survive beyond the first five years. Chapters are divided in two parts, the first covering technological perspectives and the second managerial perspectives. Africa's cultural and geographic diversity is taken into account, with authors from Ghana, Lesotho, South Africa and Zimbabwe providing regional case studies and the editors synthesising these discussions in a concluding chapter that touches on sustainability and development to working lives and livelihoods across the region. Exploring critical issues of entrepreneurial human capital development, innovation, technology, legislative frameworks and marketing strategies, this book will be of great interest to researchers, students and policymakers.

This book delves into China's transition to mid-to-high-end industries amid a new wave of global industrial revolution. It explores the fundamental principles and current dynamics of industrial upgrading, addressing topics such as industrial policies, managing overcapacity, and the removal of inefficient enterprises, all viewed through historical experiences, objective analyses, and systemic considerations. Based on the in-depth analysis of China's advantages, challenges and strategic choices, the book concludes that upgrading is a must way-to go for China, involving pivotal areas such as structural upgrading, value chain optimization, product space expanding, quality enhancing, platform economy and sharing economy developing, as well as the intersection of finance with industrial upgrading.

This book takes stock of and analyses the direct and indirect effects of the war in Ukraine, the policy response to the shock across countries, as well as the potential medium-term economic and social implications and policy challenges. The last decade most Central and Eastern European (CEE) economies have been on a convergence path towards the EU average according to the main economic indicators. In 2022, however, the terrible war in Ukraine had major spillovers to the rest of the world, with the CEE economies being among the most exposed. The millions of refugees, the disruptions to energy supply, trade and supply chains, the surge in inflation, the tightening of global financial conditions, and elevated uncertainty created a radically new economic and social environment in these countries. The volume covers the economic effects of these challenges, the policy options available, and also those related to the eventual reconstruction of Ukraine, including the potential role of the CEE countries. Based on data and evidence-supported policy analysis, each chapter studies the impact of the shock on a particular area of the economy and makes general and country-specific policy recommendations. This makes this book a must-read for students, scholars, and researchers of economics and neighboring disciplines, as well as policy-makers interested in a better understading of the direct and indirect effects of the war in Ukraine on the CEE countries. The book is a sequel to the volume Emerging European Economies after the Pandemic, (Springer Nature, January 2022). Chapter'Economic Growth & Resilience'is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

This book aims to present the observation and Interpretation for China's economic growth since Reform and Opening-up from a Chinese economist's view. The book is divided into 5 sections, including the research of traditional socialist economic structure, China's transformation from planned economy to market economy, reform of Chinese industrial economy, economic growth and political economy. Key topics are covered over the past 40 years including strategies for economic transformation, dual-track pricing, industrial transformation and enterprise reform, capital formation and economic growth, structural changes and productivity growth, macroeconomics, fiscal relations between central and local governments, and the political economy of growth.

This book presents an overview of the development of China-Europe express train in the broader context of BRI. It analyzes the benefits to the regions along the route from the safe, smooth and stable operation of the train in recent years, involving the strong impetus for building a new pattern of dual cycle development and driving the recovery of the economy in the post-pandemic era. Based on in-depth case studies of the operations in many regions, this book proposes measures in order to promote the high-quality development of China-Europe train: to improve infrastructure and enhance port capacity; to unify international standards and improve the efficiency of train customs clearance; to open up the European market and actively organize the return source of goods; to standardize government administrative intervention according to market orientation; to strengthen the construction of digital infrastructure with the focus on connectivity; to cultivate international logistics talentsand build a high-quality China-Europe express train talent team.

This book focuses on the political economy behind innovation in China's new industrial sectors, particularly the effects of policies and government regulation in the absence of the rule of law. In its analysis, the book aims to elucidate the mechanisms that generate innovation from multiple perspectives while utilizing insights from political science and law. The analysis in this book focuses on the following three points. First, by examining Guizhou Province's Big-data industry promotion policy,'import substitution digitization'policy, and government intellectual property strategy, we seek to empirically clarify the extent to which Chinese government industrial policy has stimulated innovation. Next, we examine in detail the issues surrounding the'rule of law'in China regarding introducing anti-monopoly laws for digital platform companies and developing the intellectual property court system. Third, it focuses on the role played by local governments in industrial policy, including the impact of industrial guidance funds on the efficiency of the regional financial sector and the impact of local bond issuance on the effectiveness of resource allocation among regions.

This book provides unique insight into economic development within the ASEAN region and its recovery from the COVID-19 pandemic. With a particular focus on Indonesia, it highlights the historic importance of manufacturing within the region and how the sector remains vital, despite the Asian financial crisis, and central to sustainable and inclusive economic growth. The growing influence of digital technologies, including remote work, online services, and digital marketplaces, are highlighted, particularly in relation to economic mitigation and recovery from the COVID-19 pandemic. Broader issues, such as FDI, human development, regional integration, R&D spillovers, labour productivity, and bilateral trade, are also discussed.This book highlights how ASEAN economies can be strengthened by innovation, trade, and increased productivity. It will be relevant to students and researchers interested in development and international economics.

This book discusses the role played by powerful global institutions such as the IMF, the World Bank, the World Trade Organisation, multinational corporations, and the international credit rating agencies in keeping Africa marginalised in the world economy. The book focuses on the intrusive roles of these institutions as enablers and beneficiaries of capital outflows and financial subordination in Africa. Diverging from the official narrative that touts China and the other emerging economies as global reformers that are poised to partner Africa in its fight against financial subjugation, the book instead argues that, like the Western powers, the emerging economies are benefiting prodigiously from a rigged global financial system that keeps Africa as a net creditor to the rest of the world. The book draws its theoretical framework from the repressed heterodox theories including dependency, core-periphery, world systems and Marxist theories as well as the decolonial approach. It concludes with a call for a decolonial African agency that should champion an epistemic rebellion against the neo-liberal and neo-classic economic traditions that have been historically deployed to justify Africa's subordinated position in the global economic governance. This book comes at moment in time when Africa is ready to become a Rule Maker not a Rule Taker. The analysis Dr. Moyo presents having been in the front line of public policy and international negotiations demonstrate the need for Africa to re-write the rules to foster our own Transformation. Jason Rosario Braganza, Executive Director, African Forum and Network on Debt and Development (AFRODAD)

This volume examines the effects of the COVID-19 pandemic on the labor market and the business environment in the European Union (EU), with a specific focus on Romania, the least developed country in the EU. The book emphasizes the need to rethink recovery models and suggests a new normal based on the pillars of economic, climatic, and social resilience. Is proposed the redefinition the policies'mix that will allow fundamental changes in development, focused also on social and societal profit, the redefinition of productivity and environmental performance of businesses, and the rebalancing of work and leisure life. The COVID-19 crisis not only accelerated the digital transformation of society but also reconfigured the coordinates of economic development by prioritizing sustainable development for all, based on green jobs as a starting point for business innovation and decent jobs for active social protection. Following this approach, the contributions discuss selected issues with importance to the development of society in the post-pandemic world. The book is of interest to students, scholars and researchers in economics, business, management and political science, as well as to policy makers and practitioners, for a better understanding of the impact of the COVID-19 pandemic on the labor market and the business environment in European Union.

The European Union (‘EU') is promoting a suite of innovations in international economic regulation—among them, reforms for secure and sustainable investment, a comprehensive approach to the mutual recognition of professional qualifications, a viable carbon border adjustment mechanism, heightened intellectual property rights protection, the arm's length principle in taxation, and an increased commitment to non-economic vales. Through a critical analysis of key regulations and policies, this volume explores the evolving architectures of international economic agreements in light of EU practice. A comprehensive analysis indicates that novelties are rooted in geoeconomic considerations, through which a fundamental shift is underway towards the adoption of comprehensive bilateral trade agreements. Whilst innovation has the potential to significantly harmonise cross-border regulatory frameworks, it can also trigger significant fractures, particularly when applied restrictively and asymmetrically. Arguably, the ‘Brussels effect'will to a certain extent foster a progressive development of international economic regulation, while in some respects being constrained by the status quo of the international economic regime. This volume is part of the Jean Monnet project Third Country Engagement with EU Trade Policy led by the ANU Centre for European Studies at the Australian National University, and supported by the European Commission under the Erasmus+ actions. The project seeks to explore and improve understanding of the EU's evolving trade policy and its implications for third countries, including Australia and countries in the Asia-Pacific region.

This book explores the political economy of China-Pakistan economic corridor, a major pilot project for China's “One Belt, One Road” initiatives. Pakistan will provide China with not only a pathway access to the Indian Ocean, Middle East and Africa, but also vital connections to the Trans-Asia railway network that links Southeast Asia, South Asia and West Asia. This book analyzes how domestic factors in Pakistan will affect China's $46 billion investments. It will be of interest to scholars, policymakers, and journalists.

This open access book seeks effective strategy to realize a rice Green Revolution in sub-Saharan Africa based on more than ten years of research team's inquiries into determinants and consequences of new technology adoption in rice farming in seven countries in this region. Rigorous statistical analyses are carried out by using valuable household data of rice farmers. The book is actually sequel to the two earlier books on the same subject published by Springer and edited by K. Otsuka and D.F. Larson, An African Green Revolution published in 2013 and In Pursuit of an African Green Revolution in 2016. The main message of the first book was that rice is the most promising cereal crop in SSA because of the high transferability of Asian rice technology, whereas that of the second book was that rice cultivation training programs are effective in significantly increasing rice yield in SSA. This third book has wider coverage in terms of topics, study periods, and study sites. It continuesto show the significant impacts of rice cultivation training on productivity and newly demonstrates the high sustainability of the productivity impact of the training and the existence of spillover effects from trainees to other farmers by using panel data. We newly assess the important role of mechanization in intensification of rice farming, high returns to large-scale irrigation schemes, and the critical role of rice millers in improving the quality of milled rice. Based on these studies, this book provides clear pathways toward full-fledged Green Revolution in rice farming in sub-Saharan Africa.

The edited volume presents the conference proceedings from the “Sustainability, Economics, Innovation, Globalisation and Operational Psychology Conference 2023” (SEIGOP 2023), organized by the Centre for International Trade and Business in Asia (CITBA) at James Cook University, Singapore. This edited volume places the highly dynamic, but also, jeopardized climatological – geographical region of the Tropics centre stage. The region is developing rapidly, with significant progress being made through the development of innovative technologies. The Tropics represent a region in which people live amid the greatest level of biodiversity anywhere on the planet. Nonetheless, propelled by rapid population growth, the Tropics is a region on the rise, with higher living standards and increased levels of international trade and investment. Densely populated emerging countries like India, Indonesia and Nigeria will be among the largest economies of the world by the end of the century. These upward socioeconomic trends are compromised by the impact of climate change on the Tropics'biodiversity. Such developments have forced policymakers, businesses, and local communities to search for more sustainable and creative ways to live and work. For these reasons, this edited volume presents theory-driven conceptual, qualitative, quantitative and mixed-methods studies on the impact of innovation-driven businesses on the complex interplay of socio-cultural, economic, and environmental factors in the Tropics.

The second in a three-volume series, this edited volume discusses post-independence economic inclusion in selected African countries. While human development indices rise and poverty rates fall across the African continent, facilitated by recent technological and innovation development which reaches previously inaccessible regions, indicators continue to lag in several crucial areas. Economic and social inclusion, therefore, remains at the forefront of development discussions across the continent. Using a variety of case studies underpinned by multidisciplinary research approaches, the chapters in this book explore a wide range of economic and financial inclusion issues from all aspects; from benefits and challenges to the steps that need to be taken to improve the level of economic inclusion on the continent. Governments, development agencies, non-governmental organizations with a bias toward development, students, and university lecturers will all find this book interesting.

This book focuses on the key issues around Chinese reform in the past 40 years, including economic structure upgrading, finance reform, enterprise ecology, village modernization, ecological development, income structure, global governance, BRI, and governance model. It collects the most important concerns and reveals the deep logic behind the reform. By reading this book, it helps readers to grasp the engine of China's continuous growth toward modernization in the four decades.

This book explores in detail how African countries dealt with the pandemic and how it affected different aspects of different economies and social structures. Observing how human beings change the environment and, specifically, how population growth and urbanization negatively impact nature, recently shocked economies and social upheaval in Africa indicate a crossroads moment for the continent. The book further adds to the knowledge base of how to build a more robust Africa with sustainable solutions working in tandem with vibrant and robust economies. Commonsense social strategies go hand in hand with trackable shocked economies via first- and second-moment reactions. Uncertainty shocks, in this case, interrelate via an umbrella effect. The authors evaluate theories of impact shocks using a sustainable growth and change model. Finally, key topics incorporate new urban thinking for economic recovery, developing sustainable economies post-COVID-19, understanding social practices during a crisis, and developing community robustness via shock events. The book integrates an interdisciplinary approach to understanding how to best mitigate the COVID-19 crisis as well as reduce future shocks to the African continent. It raises vital questions connecting the effects of lockdown measures, crisis causation, and shock impacts most countries faced over the last two-year period. The answers to these questions are not limited to economists and sociologists, instead, they magnify to include policymakers and everyday people. The nature of this book is to help piece together solutions for preparedness, a stronger understanding of sound development, and a united and resilient Pan-Africanism to best handle future shock events.

This volume covers Kenya's history, society, culture, economics, politics, and environment from precolonial times through the first years of independence. The book comprises twenty-one chapters divided into two parts. Part I focuses on the long precolonial moment, detailing the nature of precolonial Kenyan societies and their economics, politics, gender dynamics, and social organization. Part II examines Kenyan societies'encounters with British colonialism, critically outlining the impact and implications of these encounters. The volume concludes with an examination of political consolidation after the country's attainment of political independence and the subsequent foundations for political authoritarianism.

This book sheds light on Africa's development performance and dynamics arising from the interface between corruption and sustainable development on the one hand and the challenges that poses for peace, security and stability. Corruption also contributes to the spread of terrorism and violent extremism. Pervasive corruption networks often include politicians, civil servants working at all levels of state institutions, representatives of the private sector and members of crime syndicates. The consequences of corruption are detrimental in many aspects, such as undermining governments'ability to serve public interests and eroding public trust in democratic processes. Presenting empirical evidence, the book explains why corruption and the looting of staggering amounts of national assets undermine the achievement of the Sustainable Development Goals (SDGs) and has a negative impact on peace, stability, security, the rule of law, gender equality, the environment and human rights. This makes the book a must-read for students, researchers and scholars of political science, international relations, and economics in general, as well as African studies, development studies, and security sector studies in particular, covering issues and themes on corruption, governance, socio-economic sustainable development, public administration and management, policing in an international context, police reform, and security sector reform. It will also serve as a helpful resource for policy-makers interested in a better understanding of the connection between corruption, sustainable development, and security challenges in Sub-Saharan Africa.

This textbook offers a wide-ranging, comprehensive analysis of the contemporary Russian economy (as it functions in the early 2020s) concentrated on the economy, economic policy, and economic governance. Chapters cover recent Russian economic history, the economic geography of Russia, natural resources, population, major sectors and industries, living standards and social policy, institutions, governance, economic policy, and Russia's role in the global economy. The book will provide a comparative cross-country context, analysing how the Russian economy and its institutions perform compared to its peers to help students and instructors understand Russia's strengths, weaknesses, and future challenges. Prepared by a team of leading Russian and international experts on the respective topics, this textbook will be of interest to those studying Russian economics. It will be valuable reading for undergraduate and graduate students of Russian studies, the Russian economy, Russian politics,the economics of transition, the economics of emerging markets, and international relations.

Globalisation has created many opportunities for economic development, but it is also associated with rising income inequality and poverty. International crises such as the international financial and economic crisis of 2008, and more recently the global health pandemic, have led to a rise in unemployment and income losses for workers and a surge in the violation of workers'rights.At global level intergovernmental organisations including the World Bank and the IMF are influential actors and policy makers which promote the UN Sustainable Development Goals. However, the International Financial Institutions (IFIs) have been criticised for their internal political power imbalances and macroeconomic policy prescriptions based on neo-liberal principles. The Global Unions and their affiliates as well as the International Labour Organisation (ILO) regularly comment on the negative impact of the IFI's policies in regard to labour flexibilisation and the privatisation of public and social services. In 2002 a formalised dialogue was established between the Global Unions and the IFIs which addresses labour, social and environmental issues. This dialogue takes place at three levels: the country level, the sector level, and the headquarters level. The ILO maintains its own dialogue with the IFIs, but it also participates at the headquarters-level dialogue between the Global Unions and the IFIs.Employment Relations and Global Governance focuses on the headquarters-level dialogue which can be considered as a strategic instrument that helps the Global Unions and their affiliates to exercise influence over the policies of the IFIs, especially those policies which concern workers. The book describes and analyses the development of the dialogue since its establishment with a particular focus on factors which promote and hinder the dialogue.The book provides important insights into the real-world functioning of the institutions of economic global governance and its broader impact on the world of work. It is likely to be key reading for academics, researchers and students studying global employment relations, political economy, and international organisations. It will also be of interest to international and national trade unions, non-governmental organisations, and policy makers.

This work uses international economics and space economics theory to study the regional economic integration of China's border areas with the increasing integration of China's border areas, and to realize the theory and countermeasures of economic development across border areas. As China's economy pivots towards neighboring developing countries in Southeast Asia, new economic rhythms come into being; this book seeks to explore the practicalities thereof, in a text that will interest economic researchers, researchers of China's economy, and scholars of international relations.

This book presents economic research on global paradigm shifts after the COVID-19 crisis. It explores some expected deep and long-lasting changes that are building up a “new normal”. Featuring select contributions presented at the 2021 International Conference of Economic Scientific Research - Theoretical, Empirical and Practical Approaches (ESPERA), this book explores topics such as digitalization and digital sovereignty, workforce management, virtual training, digital currency, de-carbonization in production processes, supply chains, cybersecurity, automation, artificial intelligence, machine learning, Internet of Things and blockchain technologies.