101 results on '"DEINDUSTRIALIZATION"'
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2. Premature deindustrialization risk in Vietnam
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Tsukada, Yuta
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- 2023
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3. Importing the Clairtone Sound: Political Economy, Regionalism, and Deindustrialization in Pictou County.
- Author
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MacKinnon, Lachlan
- Subjects
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REGIONALISM , *DEINDUSTRIALIZATION , *GREAT Depression, 1929-1939 , *ECONOMIC development , *ECONOMIC policy , *ECONOMICS - Abstract
Following the industrial crisis of the 1920s and the Great Depression in the 1930s, consecutive provincial governments in Nova Scotia turned their efforts toward state-led economic development. After the election of Robert Stanfield and the Tories in 1956, a wholesale industrial planning model was unveiled. Indeed, Stanfieldian economic policy in Nova Scotia was predicated upon the belief that direct state-led interventionism was necessary to offset regional inequity. State corporate entities, such as Industrial Estates Limited, and renewed interest in a state-driven industrial relations paradigm were central in the province's efforts to revitalize its flagging economy and offset predicted decline in the Cape Breton coal and steel industries. This article examines the fate of the Clairtone Sound Corporation, one of Nova Scotia's "new industries" that emerged out of these state-led development efforts. A case study of this Stellarton-based firm reveals how structural processes of deindustrialization produced crisis even within sectors that were completely distinct from the province's cornerstone industries of coal and steel. This case includes a reflection on the class composition of the modernist state in Nova Scotia and represents a convergence of the historiographical focus on state-led industrial development in the Maritimes and recent literature found within deindustrialization studies. À la suite de la crise industrielle des années 1920 et de la Grande Dépression des années 1930, les gouvernements provinciaux successifs de la Nouvelle-Écosse ont orienté leurs efforts vers un développement économique dirigé par l›État. Après l›élection de Robert Stanfield et des conservateurs en 1956, un modèle de planification industrielle en gros a été dévoilé. En effet, la politique économique « stanfieldienne » en Nouvelle-Écosse reposait sur la conviction que l›interventionnisme direct dirigé par l›État était nécessaire pour compenser les inégalités régionales. Les sociétés d›État, comme Industrial Estates Limited, et le regain d›intérêt pour un paradigme de relations industrielles dirigé par l›État ont joué un rôle central dans les efforts de la province pour revitaliser son économie chancelante et compenser le déclin prévu des industries du charbon et de l›acier du Cap-Breton. Cet article examine le sort de la Clairtone Sound Corporation, l›une des « nouvelles industries » de la Nouvelle-Écosse qui a émergé de ces efforts de développement menés par l›État. Une étude de cas de cette entreprise basée à Stellarton révèle comment les processus structurels de désindustrialisation ont produit une crise même dans des secteurs complètement distincts des industries phares du charbon et de l›acier de la province. Ce cas comprend une réflexion sur la composition de classe de l›État moderniste en Nouvelle-Écosse et représente une convergence de l›accent historiographique sur le développement industriel dirigé par l›État dans les Maritimes et de la documentation récente trouvée dans les études sur la désindustrialisation. [ABSTRACT FROM AUTHOR]
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- 2023
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4. Ford Drives Away: The neoliberal right oversees the deindustrialization of Brazil
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Nunes, Debora
- Subjects
Brazil. Brazilian Economic and Social Development Bank -- International economic relations ,Volkswagen AG -- International economic relations ,Automobile industry -- International economic relations ,Foreign corporations ,Automobiles ,Government business enterprises -- International economic relations ,Wages -- Minimum wage ,Automobile Industry ,Business ,Economics - Abstract
SINCE 2020, A GROWING NUMBER OF COMPANIES have stopped manufacturing in Brazil, including Ford, Mercedes Benz, and Volkswagen. Since President Jair Bolsonaro's election, Brazil has also pursued a range of [...]
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- 2021
5. Study Results from Saint Mary's College of California in the Area of Economics and Business Published (A New Timeline for Deindustrialization: The Movement of Auto Corporations in the US and Detroit)
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Automobile industry -- Economic aspects -- Chronologies ,Automobile Industry ,Business ,Economics - Abstract
2022 NOV 11 (VerticalNews) -- By a News Reporter-Staff News Editor at Economics Week -- Researchers detail new data in economics and business. According to news originating from Saint Mary's [...]
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- 2022
6. Relevance of middle-income trap (MIT) to the vision-based development in Bangladesh
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Akanda, M. Aminul Islam
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- 2023
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7. New Findings on Economic Systems Described by Investigators at National University of Singapore (Deindustrialization In Developed Countries Amid Accelerated Globalization: Patterns, Influencers, and Policy Insights)
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Industrial nations -- Research -- Analysis ,Globalization -- Analysis -- Research ,Business ,Economics ,National University of Singapore - Abstract
2021 DEC 10 (VerticalNews) -- By a News Reporter-Staff News Editor at Economics Week -- Data detailed on Economics - Economic Systems have been presented. According to news reporting from [...]
- Published
- 2021
8. Transcending the Nostalgic : Landscapes of Postindustrial Europe beyond Representation
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Jaramillo, George S., Tomann, Juliane, Jaramillo, George S., and Tomann, Juliane
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- 2021
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9. Financial opening, financial development and industrial restructuring: a mediating effect analysis
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Shevchenko, Dmitry, Zhao, Weili, and Guo, Qiyang
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- 2023
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10. Bocconi University Researcher Adds New Findings in the Area of Economics (The Manufacturing Reshoring Phenomenon: A Policy-Oriented Analysis of Factors Driving the Location Decision).
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FACTOR analysis ,RESEARCH personnel ,GLOBAL value chains - Abstract
A recent report from Bocconi University in Milan, Italy explores the phenomenon of reshoring in the manufacturing industry. The research highlights how changes in competitiveness, the social effects of deindustrialization, and the vulnerabilities exposed by the COVID-19 pandemic have led some multinational enterprises to bring their offshore operations back to their home countries. The study examines the factors driving reshoring decisions and provides policy recommendations for governments. The research emphasizes the need for a comprehensive analysis of reshoring policies at both the macro and micro levels. [Extracted from the article]
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- 2024
11. Capitalist Development, Labor Law, and the New Working Class.
- Author
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ROGERS, BRISHEN
- Subjects
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LABOR market , *ECONOMICS , *NEOLIBERALISM , *SOCIAL change , *ECONOMIC change - Abstract
Gabriel Winant's The Next Shift charts the transformation of Pittsburgh's labor market and political economy from the postwar period through the era of unabashed neoliberalism. During that time, relatively well-paid and unionized employment in steel and metalworking plummeted, while low-wage, precarious, nonunion employment in health care and related sectors surged. The composition of the working class also shifted, from being disproportionately white and male to disproportionately nonwhite and female. While Winant is a labor and social historian, his book has many implications for legal scholars, including those focused on the role of law in neoliberalism. In particular, the book situates both Pittsburgh's evolution and neoliberalism itself in the historical process of capitalist development, or the process through which imperatives of accumulation generate constant technological, economic, and social changes. In Pittsburgh, Winant shows, deindustrialization was an inflection point in that process, generating social crises that were mitigated first by the rise of health care, and then by the suppression of wages among health care workers. This Book Review argues that labor law--or the whole complex of laws constituting and governing work--was transformed by those same structural forces over that same period. Postwar labor law understood employment, at least for relatively privileged industrial workers, as a social relationship jointly constituted by the working class and employers. Under neoliberalism, labor law came to understand employment more as an individual contract between putative equals, a development which enabled profitability in low-productivity service sectors like nursing homes and home care. In that sense, labor law helped to birth today's working class, even as it denies that a working class still exists. [ABSTRACT FROM AUTHOR]
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- 2022
12. A GENDER PERSPECTIVE ON MEXICO'S ECONOMIC GROWTH
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Caceres, Luis Rene
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Early childhood education -- Analysis -- Economic aspects ,Labor market -- Analysis -- Economic aspects ,Unemployment -- Spain -- Mexico -- Latin America ,Emigration and immigration -- Analysis -- Economic aspects ,Economic conditions -- Analysis -- Economic aspects ,Economic growth -- Analysis -- Economic aspects ,Labor productivity -- Economic aspects -- Analysis ,Company growth ,Business ,Economics ,Business, international ,Regional focus/area studies ,World Bank Group. World Bank -- Economic policy -- Growth - Abstract
Among the Latin American countries, the Mexican economy has shown since the late 1990's one of the lowest rates of economic growth. This is perplexing, because of the persistency of the stagnation tendencies, and because of the rapid growth shown by its exports, especially to the US, that reached $370 billion in 2018. The poor economic performance has had adverse consequences in terms of unemployment, emigration, social conflict, and especially in terms of the losses of female and male youth employment. This paper seeks to explain the causes of Mexico's economic stagnation. The methodology consists of the estimation of cointegration equations that express per capita economic growth as a function of the growth of labor productivity, plus the growth of the female and male employment to population ratios. Additional equations were estimated to identify the variables that explain the growth of productivity and of employment ratios and to estimate the role of deindustrialization in economic stagnation. An analysis was made of the role of female employment on the mobilization of domestic savings, on the determination of the deficit in the trade account, and on the constraint exerted by the balance of payments on growth. The source of data was the World Bank's World Development Indicators. The results indicated that female employment is an important determinant of external solvency and contributes to overcoming the balance of payments constrain on economic growth. Another salient result is the negative impact of youth unemployment on labor productivity and the negative impact of the percentage of young women that neither study nor work on economic growth. The policy implications are related to the importance of promoting male and female employment with a view towards accelerating economic growth, and the need to establish measures to facilitate women's entry into the labor market. This would require the establishment of national networks of childcare centers, the expansion of early childhood education, improving the quality of education, and increasing wages. As well, policies must be implemented to promote the reindustrialization and reagriculturalization of the Mexican economy to obtain national self-sufficiency and security and impart dynamism to economic growth. JEL classifications: O11, O14, O16, O17, J48, J71 Keywords: economic growth, productivity, gender, youth unemployment Contact author's email address: luisrenecaceres@gmail.com, INTRODUCTION The Mexican economy has for several decades shown some of the lowest annual rates of economic growth per capita of Latin American countries, of about 1.5%. This is surprising [...]
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- 2023
13. Broodthaers's Debt.
- Author
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Stark, Trevor
- Subjects
ECONOMICS ,FORMALISM (Literary analysis) ,HISTORICITY ,CAPITALISM - Abstract
This essay investigates the status of "reification" in the work of Marcel Broodthaers, particularly in the 1971 "Section Financière" of his Musée d'Art Moderne, Départment des Aigles. It will pose finance and debt as social forms through which Broodthaers both experienced reification concretely and attempted to register its forming pressure upon the artwork's conditions of possibility. The article argues that it was Broodthaers's understanding of reification that allowed him, at a crux in the history of finance represented by the end of the Bretton Woods agreement in 1971, to posit art as a speculative investment at once uncoupled from the concrete limitations of production and ever-more-tightly ensnared by the economic power of debt. [ABSTRACT FROM AUTHOR]
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- 2023
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14. From the Welfare State to the Carceral State: Whither Social Reproduction?
- Author
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Abramovitz, Mimi
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ECONOMICS ,PUBLIC welfare ,SOCIALIZATION ,CORRECTIONAL institutions ,HUMAN rights ,PRACTICAL politics ,HUMAN sexuality ,STATE governments ,FAMILIES ,CRIME ,RULES ,SOCIOECONOMIC factors ,INCOME ,SOCIAL classes ,GOVERNMENT policy ,WAGES ,EMPLOYMENT ,PUNISHMENT ,LABOR market ,NURTURING behavior ,CRISIS intervention (Mental health services) ,HEALTH planning ,PUBLIC spending - Abstract
Historical, feminist scholarship demonstrates that the welfare state underwrote the work of social reproduction, enabling procreation, socialization, sexuality, nurturance, and family maintenance. Carried out by families and other public and private social institutions, social reproduction includes making food, clothing, and shelter available for immediate consumption; ensuring the health and productivity of the current and future labor force; providing for people too old, too young, or too sick to care for themselves; and socializing family members. Historically, social reproduction includes both women's unpaid labor in the home and low-paid labor in the market and converts the wages of paid workers into the means of subsistence for the entire household. The economic crisis of the mid-1970s marked the end of the "golden age" of capitalism, and yielded neoliberal politics that sought to undo the redistributive elements of the New Deal and the Great Society. It called for a smaller state, greater reliance on market forces, and reduced expenditure on family maintenance. This article, a reprint of a 2017 book chapter, explores the crisis in social reproduction in the United States that surfaced with the rise of neoliberalism and the "carceral state." [ABSTRACT FROM AUTHOR]
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- 2023
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15. Counterrevolution : Extravagance and Austerity in Public Finance
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Cooper, Melinda and Cooper, Melinda
- Published
- 2024
16. Energy crisis: five questions that must be answered in 2023.
- Author
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Goldthau, Andreas and Tagliapietra, Simone
- Abstract
Market turmoil and geopolitical realignment after Russia’s invasion of Ukraine put livelihoods and the green-energy transition at risk. Here’s how researchers can help overcome the threats. [ABSTRACT FROM AUTHOR]
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- 2022
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17. The political economy of the Greek economic crisis in 2020.
- Author
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Maris, Georgios, Sklias, Pantelis, and Maravegias, Napoleon
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ECONOMICS ,FINANCIAL crises ,INSTITUTIONS (Philosophy) ,ECONOMIC history - Abstract
In this article, we emphasize the political causes of the crisis in order to evaluate not only whether these have been the main factors behind the economic crisis (particularly over the last decade), but also whether these can be considered the main factors for the failure of Greek and European officials to overcome the economic crisis. Over the last ten years, there has been something of a deterioration of the political variables and we are now faced with a question of whether we can begin to talk about a way out of the crisis. As per our argument, despite the acceptance of new institutional rules for the efficient operation of the economy through the memoranda of understanding, Greece's performance has worsened in terms of its political and institutional governance indicators over the last decades. This fact is particularly worrying because it highlights an overall failure to change the political conditions that affect the overall quality of life and prosperity. [ABSTRACT FROM AUTHOR]
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- 2022
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18. Review of periodical literature for 2020: (vi) Since 1945.
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ECONOMIC history ,ECONOMICS - Published
- 2022
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19. Apostle to Nixonland: Taylor Caldwell's Paul and the Unknown God of Neoliberalism.
- Author
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Twomey, Jay
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NEOLIBERALISM ,PROTAGONISTS (Persons) ,POLITICAL theology - Abstract
In 1970, Taylor Caldwell (1900–1985) published a best-selling historical novel about Saint Paul, Great Lion of God, making the apostle politically available to a nation facing divisive social and political turmoil. Channeling Nixon-era resentments and Cold War libertarianism, Caldwell's Paul is offered up as an answer to America's ills. But unlike the protagonists of Caldwell's other works, some of which continue to be read by conservative audiences today (including Sean Hannity), her Paul never quite finds his footing. The reason for this involves what might be considered Caldwell's political theology of the Unknown God. The Unknown God operates in Caldwell's work as a neoliberal theologeme, combining in one figure a vaguely Christological universalism and a market-based vision of American greatness. The instabilities and tensions inherent in this pairing are borne out in her characterization of Paul and presage the experience of American neoliberalism from the 1970s on. [ABSTRACT FROM AUTHOR]
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- 2021
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20. Keeping China's Share of Manufacturing in the Economy Basically Stable.
- Author
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YANG Hutao
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SOCIAL development ,ECONOMIC development ,ECONOMICS ,MANUFACTURING processes - Abstract
The article focuses on outline of the 14th Five-Year Plan (2021–2025) for National Economic and Social Development and Long-Range Objectives through the Year 2035 stated that China will develop into a manufacturing powerhouse, and stressed the need to maintain the basic stability of the manufacturing sector's share of the economy.
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- 2021
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21. Who Built the Zones?
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Burgin, Angus
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AUTHORITARIANISM ,ECONOMICS ,NONFICTION - Published
- 2023
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22. The impact of austerity on disabled, elderly and immigrants in the United Kingdom: a literature review.
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Macdonald, Kirsteen and Morgan, Heather May
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ECONOMICS ,NATIONAL health services ,PUBLIC welfare ,IMMIGRANTS ,MEDICAL information storage & retrieval systems ,PRACTICAL politics ,SYSTEMATIC reviews ,PSYCHOLOGICAL vulnerability ,SOCIAL stigma ,PEOPLE with disabilities ,LITERATURE reviews ,MEDLINE ,GOVERNMENT aid ,BUDGET - Abstract
Systematic literature searching identified 29 relevant health and social sciences articles for review on the topic of austerity policies and their impacts on the health and social care of disabled, elderly and immigrants in the United Kingdom (UK). Since 2010, government changes to previously state-funded areas meant levels of funding and eligibility changed significantly. Self-funding or self-managing healthcare, but more often social care, was transferred to individuals. While additional funding was given for some treatments, prevention approaches were cut. More people had to depend on non-professional care, mostly from family. Many family carers received no professional advice or information and mostly had to reduce their own employment hours and income to care for a dependent. The quality of services, professional or non-professional, became poorer than pre-2010. These changes increased marginalisation and stigma. Consequently, many 'vulnerable' became 'vilified' – disabled, elderly and immigrants often of the worst affected. Government definitions of 'disability', 'elderly' and 'immigrant' change. UK changes reduced the health and social care available to individuals recently. Individuals were made responsible for knowing about changes that affected them and had to manage their care without professional guidance and support. Some had to use personal funding to maintain their quality of life. Many people felt stigmatised because of the changes and were nervous about seeking help they were entitled to. Health and social care should be joined-up and involve assessment, funding, and services offered as a package. This should be ideally focused on preventing worsening health, early treatment and support for managing long-term conditions. Judging that people currently contributing to the economy through work as those who deserve government services is wrong. Assisting the well-being of those who cannot currently contribute can recognise past contributions and improve potential to contribute, and may reduce future needs for government services. [ABSTRACT FROM AUTHOR]
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- 2021
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23. The Russian Economy
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Weber, Yuval and Weber, Yuval
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- 2023
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24. A Warning Ignored.
- Author
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Cobb, Jelani
- Subjects
AFRICAN Americans ,VOTER suppression ,ECONOMICS ,POVERTY - Abstract
The article reports that on August 11, 1965, Marquette Frye an African- American was pulled over in Los Angeles while driving his mother's Buick, then arrested after failing a sobriety test. Topics include considered that between 1964 and 1967, black anger over policing practices, voter suppression, poverty, and economic inequality boiled over in cities throughout America.
- Published
- 2021
25. 'There's just too many': The construction of immigration as a social problem
- Author
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James Pattison
- Subjects
Sociology and Political Science ,Social Problems ,Economics ,Population Dynamics ,Humans ,L300 Sociology ,Emigration and Immigration ,Social Change ,L400 Social Policy ,Demography - Abstract
This article presents findings collected in 2016-2017 from a multi-method ethnographic study of Shirebrook, Derbyshire in the English East Midlands, examining the narratives used by the local authority (LA) and local residents that construct immigration as a social problem. In doing so, it contributes to the literature on race and migration by extending analysis beyond metropolitan localities with long histories of multi-ethnic settlement, to consider a relatively small, peripheral former colliery town. The paper demonstrates how migration is framed as a social problem by central government funding streams with consequences for localities, and the influence this has on local narratives of social change. The construction of immigration as a social problem is rooted in the constraints of austerity and longer-term processes of deindustrialization and economic restructuring, with representations and understandings of place being constitutive of anti-immigrant sentiment. This article deepens our understanding of responses to immigration in the UK, and has broader implications for understanding the relationship between place, state polices and local narratives.
- Published
- 2022
26. The Belt and Road Initiative in Cambodia: Costs and Benefits
- Author
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Menon, Jayant
- Subjects
Belt and Road Initiative, 2013- -- Economic aspects ,Poverty -- China -- Cambodia ,Medium term notes -- Economic aspects ,Economic growth -- Economic aspects ,Business ,Economics ,Business, international ,Asian Infrastructure Investment Bank - Abstract
China is Cambodia's largest bilateral donor, lender, investor, and trading partner. Economic relations between the two countries have been strengthened by Cambodia's active participation in the Belt and Road Initiative (BRI). However, participating in the BRI has both costs and benefits. It has addressed Cambodia's infrastructure deficits, reduced trade and transport costs, and supported productivity and economic growth. This has improved living conditions and reduced poverty. On the negative side, there are concerns over environmental decay, land grabbing, and associated losses in livelihoods. On the whole, benefits appear to outweigh costs in Cambodia. Nevertheless, China is trying to improve the environmental, social, and financial sustainability of BRI investments, following international criticisms. Although there are early signs that the implementation of projects is becoming more environmentally friendly, concerns over inadequate environmental impact assessments and resettlement programs remain. Increasing reliance on one country also carries risks; diversifying sources may help achieve Cambodia's aim of diversifying its economic structure. Keywords: Cambodia, China, Belt and Road Initiative (BRI), costs and benefits, infrastructure development, land grabbing, environmental decay., 1. Introduction It is widely recognized that Cambodia and China have a strong and special political and economic relationship. Perhaps what is less well known is how old this relationship [...]
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- 2024
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27. Construction of the new development dynamic and development of digital economy: internal logic and policy focus
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Yang, Hutao
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- 2023
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28. Deferring cash commitments to mitigate COVID-19 impact on the service sector: a case study of a transition economy
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Doruk, Ömer Tuğsal
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- 2023
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29. COULD IMPORT-SUBSTITUTION BE A SUSTAINABLE INDUSTRIALIZATION PATHWAY FOR LESS-DEVELOPED COUNTRIES?
- Author
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Uddin, Godwin E.
- Subjects
Emerging markets ,Foreign investments -- Imports ,International business enterprises ,Industrial productivity ,Imports ,Protectionism ,Productivity ,Business ,Economics ,Business, international ,Regional focus/area studies ,World Trade Organization -- Imports - Abstract
The strive for economic sustainability in world economies, most especially Less-Developed Countries (LDCs) in recent time notably see also an unwelcome comeback of the Import-Substitution (IS) trade strategy whose efficacy established overtime has been mixed. Thus, a systematic/meta-narrative review of literature on the appropriateness of the IS trade strategy in absolute terms to world economies, more particularly LDCs in contemporary time and among policy-alternatives, bearing in mind its tenets as well as its implications was carried out. The PRISMA methodology adapted here alongside an exploration of over 100 relevant literature through salient themes aid to present a synopsis of lessons from emerging market economies, and clear-cut submissions in a bid to inform policy directions. Amidst others, this review findings identify resource deficiencies, some time-lag considerations as such that attest the limited applicability of the IS trade strategy in absolute terms, and also emphasize the notion that Developing Economies or LDCs still need give allowance for certain imports, such as capital-goods imports, into their domestic economy for industrial productivity growth. Consequently from the review presented, efforts by LDCs to accommodate Multinational enterprises (MNEs) and or attract Foreign Direct Investment (FDI) to achieve technology transfer must be continually implemented. JEL Classifications: F00, F01 and F10 Keywords: Import-Substitution, Trade, Strategy, Imports, Industrialization, Less-Developed Countries (LDCs), Economic sustainability, INTRODUCTION The strive for economic sustainability in world economies, most especially Less-Developed Countries (LDCs) in these times, even so as such efforts relate to in part the realization of the [...]
- Published
- 2023
30. Financialization and growth nexus in the EU new member states (NMS): an ARDL bounds testing approach and Granger causality analysis
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Ganic, Mehmed
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- 2023
- Full Text
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31. Trade openness and working poverty: empirical evidences from developing countries
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Nessa, Hazera-Tun- and Imai, Katsushi S.
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- 2023
- Full Text
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32. Do Exports from Developing Economies Still Matter in Global Value Chains? Evidence from Malaysia, Thailand and Vietnam
- Author
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Lee, Woocheol
- Subjects
High technology industry -- Economic aspects ,Exports -- Economic aspects ,Developing countries -- Economic aspects ,Business ,Economics ,Business, international - Abstract
Amid ever-growing global value chains (GVCs), a major controversial topic relates to the extent to which developing economies benefit from participating in such value chains. To measure these gains, this paper examines data pertaining to value-added in exports from three Southeast Asian economies--Malaysia, Thailand and Vietnam. The study estimates the sectoral income elasticities of the export demand of each country over the period 19802017, revealing that the highest income elasticities are observed in low value-adding sectors such as primary products, resource-based goods and low-tech industries. This implies that the three countries have been involved in simple and not high-skill tasks within GVCs. The paper also examines the sectoral domestic share of value-added (DVA) and foreign share of value-added (FVA) of exports of the three economies using the OECD Trade in Value-added (TiVA) database over the period 2005-15. We find that DVA in the medium- and high-tech industries that add greater value is smaller than FVA in all three countries. Overall, these results suggest that developing nations need to step up their participation in GVCs through process and/or function upgrading. Keywords: Global value chains, production capability, value-added, income elasticity of export demand, Malaysia, Thailand, Vietnam., 1. Introduction Over the last two decades, the importance of global value chains (GVCs) in international trade and production has grown significantly. Today, a large number of economies and firms [...]
- Published
- 2022
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33. Avoiding the Resource Curse Lessons from Indonesia
- Author
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Hill, Hal and Pasaribu, Donny Harrison
- Subjects
Developing countries -- Case studies ,Business ,Economics ,Business, international ,World Bank Group. World Bank - Abstract
Natural resources--blessing or curse? Indonesia provides an excellent case study for an examination of this question. It is a major commodity exporter; the fourth most populous country in the world; and the world's largest archipelagic state with huge mineral, forest and maritime resources. Indonesia also has three distinctive features that are particularly relevant for such a study. First, with the exception of the Asian Financial and COVID-19 crises, it has had at least moderately strong economic performance for the past half-century. This distinguishes it from the majority of resource-rich developing countries, and therefore there are lessons to be learnt from its management of these boom and bust episodes, particularly the latter. Second, Indonesia has experienced two rather different resource booms--the first based mainly on oil and gas in the 1970s and the second based primarily on coal, palm oil and gas over the years 2005-11. The economic, social and environmental effects of these two booms have differed significantly. Third, the country experienced major regime change in 1998-99, from the centralized, authoritarian Soeharto regime in 1966-98, which presided over the first boom, to the subsequent democratic, decentralized regime during the second boom. The very different political and institutional arrangements had important implications for the management of the boom and its distributional effects. We examine these issues in a comparative context, employing as reference points two very large natural resource exporters, Brazil and Nigeria, and Malaysia, a smaller, more dynamic Southeast Asian comparator. Keywords: Indonesia, resource curse, natural resources, political economy., 1. Introduction A central puzzle in development economics is what has come to be known as the 'resource curse', the paradox that natural resource abundance appears to be causally associated [...]
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- 2022
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34. Development of the digital economy, transformation of the economic structure and leaping of the middle-income trap
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Qi, Yudong and Chu, Xi
- Published
- 2022
- Full Text
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35. The crisis of US neoliberalism and the risk of current economic stagflation
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Ding, Xiaoqin and Luo, Zhihong
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- 2022
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36. AGRICULTURAL PRODUCTIVITY, HUMAN DEVELOPMENT, AND MANUFACTURING EMPLOYMENT: AFRICA
- Author
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Grabowski, Richard and Self, Sharmistha
- Subjects
Infants -- Patient outcomes -- Employment ,Agricultural industry -- Employment -- International economic relations ,Manufacturing industry ,Business ,Economics ,Business, international ,Regional focus/area studies ,World Bank Group. World Bank -- Employment - Abstract
The impact of agricultural productivity growth on the process of structural change, an increase in the share of labor employed in manufacturing, is a much debated topic. One perspective argues that agricultural productivity promotes structural change via its contribution of various resources to the manufacturing sector. Another hypothesis proposed is that agricultural productivity growth will draw resources away from agriculture. This paper hypothesizes that agricultural productivity growth plays a key role in the structural change process, but not necessarily through the mechanisms usually proposed. It is hypothesized here that agricultural productivity growth improves the quality of human labor (measured by the human development index, human capital accumulation, and reductions in infant mortality). In turn, improvements in the quality of human labor make it more profitable to employ labor in manufacturing and thus structural change, measured by the share of manufacturing employment in total employment, increases. These hypotheses are tested using dynamic ordinary least squares (DOLS) techniques utilizing data from seventeen countries in Sub-Saharan Africa. The findings indicate that agricultural productivity growth has a significant positive impact human labor quality as measured by the human development index, human capital accumulation, and reductions in infant mortality. In addition, improvements in the quality of human labor in turn have a significant positive impact on the extent of structural change as measured by the share of manufacturing employment as a share of total employment. In addition, trade, as measured by exports plus imports divided by GDP, also has a significant positive impact on the extent of structural change. Finally, inflation appears to slow the structural change process. The policy implications are straightforward. Agricultural productivity does indeed seem to be important in the process of structural change. Thus development programs involving Sub-Saharan Africa should focus on investment in the development of agricultural technologies that will raise agricultural productivity. In a broader sense, governments should focus investment on improving the overall quality of labor. JEL Classifications: O1, O13, O14, O15 Keywords: agricultural productivity, structural change, human development, Africa, INTRODUCTION The primary objective of this paper is to analyze the impact of agricultural productivity on structural change (the shift of resources, in particular labor, out of agriculture and into [...]
- Published
- 2022
37. Effect of industrial structure on urban–rural income inequality in China
- Author
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Chen, Diandian and Ma, Yong
- Published
- 2022
- Full Text
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38. Performance of large firms in Greece during the unstable period of 2011–2016: lessons from the weak parts of Europe
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Tsiapa, Maria
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- 2022
- Full Text
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39. Output hysteresis in the US: new evidence from a time-varying Verdoorn's law
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Clavijo-Cortes, Pedro
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- 2022
- Full Text
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40. ReImagine Appalachia : Healing the Land and Empowering the People
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Patricia M. DeMarco and Patricia M. DeMarco
- Subjects
- Environment, Sustainability, Energy policy, Energy and state, Economics, Power resources
- Abstract
ReImagine Appalachia- Healing the Land and Empowering the People documents the three-year grass-roots collaboration among people, organizations, elected officials and faith leaders to envision and enact into law a blueprint for shared prosperity in the four Appalachia states of KY, OH, PA and WV. In response to industry proposals for a five-plant petrochemical hub in the Ohio River Valley, concerned citizens developed a Blueprint for a new deal that works for all of us: public investment in our communities; building a 21st century sustainable Appalachia; and rebuilding the middleclass. This book captures the process, plans and results of the ReImagine Appalachia campaign as a success story and testament to the power of grassroots organizing for climate action, social equity, and racial justice. It raises the diverse voices and stories of people who built common ground together and changed the laws for a more equitable, healthier world for our children and future generations.
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- 2024
41. Intimate Capitalism : Political Economy of Labour and Culture in Creative Industries
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Bhabani Shankar Nayak and Bhabani Shankar Nayak
- Subjects
- Economics, Culture, Economic policy
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The book explores the concept of ‘intimate capitalism'within the context of the rising cultural and creative industries. The assimilation of culture with capitalism has produced a mass culture that socialises people with the culture of capitalism, effectively domesticating and controlling the masses by establishing an intimate relationship between labor and working conditions. Intimate capitalism is a new form of capitalism where workers invest their labor and work overtime due to an affective connection to the cultural product they are working on or an intimacy with the cultural working conditions. It critically examines the narratives surrounding the creative economy, as well as digital innovations within cultural industries, to highlight how they are reinforcing and perpetuating exploitative working conditions. The erosion of workers'rights under intimate capitalism is examined to show how cultural industries seek to dominate the lives of those working within them, leading to an increased commodification of culture and institutionalisation of creative assets in the name of economic growth and development. This book offers a critical framework for understanding intimate capitalism and outlines its impact on workers, particularly those within developing economies. It will be relevant to students and researchers interested in cultural economics, the political economy, and labour economics.
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- 2024
42. Political Economy : Comparative, International, and Historical Perspectives
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Christian May, Daniel Mertens, Andreas Nölke, Michael Schedelik, Christian May, Daniel Mertens, Andreas Nölke, and Michael Schedelik
- Subjects
- International economic relations, Economics, Social choice, Comparative government, World politics, Globalization
- Abstract
This textbook offers a comprehensive introduction to Political Economy. It combines comparative,international and historical perspectives into a holistic framework of analysis. Drawing on the workof Karl Polanyi, the book shows how capitalist economies differ around the globe and how they areembedded in the international economic order. Through a critical-institutionalist lens, it helps toaccount for the evolution of contemporary capitalism and addresses current topics at the intersection of political science and economics.Students and instructors can draw on supplementary material, such as Power Point slides withall figures and tables as well as the Springer Nature Flashcards app with exercises.
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- 2024
43. Orthodox Mercantilism : Political Economy in the Byzantine Commonwealth
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Alex Feldman and Alex Feldman
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- Economic history, Economics, Materialism--History
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This book demonstrates how the political economy of mercantilism was not simply a Western invention by various cities and kingdoms during the Renaissance, but was the natural by-product of perpetually limited growth rates and rulers'relentless pursuits of bullion. It contributes to discussions of the economic history surrounding the so-called “Great Divergence” between East and West, which would consequently lend context and credence to differences of economic thought in the world today. Additionally, it seeks to explain present economic thought as tacitly derived from implicit antique paradigms. This book advances fields of research from numismatics and sigillography to historical materialism and historical political economy.Divided into three parts, Orthodox Mercantilism first examines the political theology (the sovereignty) of the œcumene from the early 11th century. Second, it analyzes its peripheral legislation from the customary laws of newly Christianized dynasties up to the Kormčaja Kniga's adoption (the Nomokanon) by 13th-century Orthodox dynasties across Eastern Europe. Third, it explores how these dynasties (and their own satellite dynasties) hoarded finite bullion to pay for defense, resulting in the 11–14th-century coinless period across Eastern Europe and Western Eurasia.Appealing to students and scholars alike, this book will be of interest to those studying and researching economic and mercantile history, particularly in the context of Byzantine and Eastern European societies.
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- 2024
44. Proceedings of the 2024 2nd International Conference on Digital Economy and Management Science (CDEMS 2024)
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Junfeng Liao, Hongbo Li, Edward H. K. Ng, Junfeng Liao, Hongbo Li, and Edward H. K. Ng
- Subjects
- Economics, Business, Management science
- Abstract
This is an open access book. 2024 2nd International Conference on Digital Economy and Management Science (CDEMS 2024) is scheduled to be held in Wuhan, China from April 26 to 28, 2024.The meeting mainly focused on the research fields of Digital Economy, Management Science. The conference aims to provide a platform for experts and scholars engaged in economy, management and science to share scientific research achievements and cutting-edge technologies, understand academic development trends, broaden research ideas, strengthen academic research and discussion, and promote the industrialization cooperation of academic achievements. Experts, scholars, business people and other relevant personnel from universities, scientific research institutions at home and abroad are sincerely invited to attend the conference!
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- 2024
45. Capitalism in the Age of Catastrophe : The Newest Developments of Financial Capital in Times of Polycrisis
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Achim Szepanski and Achim Szepanski
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- Economics, Finance, Marxian economics, International finance
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This book analyses contemporary and future conditions of global finance and capitalism in an age of catastrophe. It illuminates the links between various crises that have beset the world economy in recent decades and sets these in philosophical context, drawing on the work of Marx, Bataille and Baudrillard to forge new understandings of the impact of capitalist hegemony on society and nature. The book introduces the concept of the ‘over'as a lens through which to reflect on capitalist excess and its negative consequences, such as over-accumulation of goods, over-pollution of the environment, and over-speculation of capital. In particular, it shines a light on the trends of financialization and stagflation, with chapters examining increasingly embedded features of the world economy such as hyper-inflation, the dominance of advanced economy central banks, the phenomenon of repurchase agreements, new asset managers for the ultra-wealthy and index funds to show how capitalist structures continue to drive inequality, ecological breakdown, and geopolitical precarity on a global scale. With a rigorous philosophical and theoretical framework, this book will appeal to political economists, Marxist economists and scholars interested in theories of capitalism.
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- 2024
46. New Developmentalism : Introducing a New Economics and Political Economy
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Luiz C. Bresser-Pereira and Luiz C. Bresser-Pereira
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- Economics, Economic development, Economics--History
- Abstract
This timely book offers a concise summary of new developmentalism, exploring this in the context of both heterodox economics and political economy. It adopts a historical–structural method that is critical of orthodox or Neoclassical Economics. Luis Carlos Bresser-Pereira delves into the roots of new developmentalism from the quasi-stagnation of middle-income countries, covering how it developed from Marxian economics, post-Keynesian economics and Classical Structuralism.Innovative in its approach and coverage, Bresser-Pereira first introduces the method and the schools relevant to new developmentalism, before moving on to look at how it can revolutionise political economy, economics and growth economics. Chapters explore the capitalist revolution, the phases of capitalist development and class coalitions, micro- and macro-economics, and the importance of the exchange rate in determining investment and growth. The book concludes with a forward-looking synopsis of the ways in which new developmentalism is both green and social.This will be a critical read for heterodox economics students and scholars, as well as economics students more widely. Its practical implications will also make this an invigorating read for economists looking to better understand new developmentalism and its potential impacts.
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- 2024
47. Encyclopedia of Quality of Life and Well-Being Research
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Filomena Maggino and Filomena Maggino
- Subjects
- Positive psychology, Quality of life, Economics
- Abstract
This 2nd edition is a definitive resource on issues pertaining to the full range of topics in scientific and other scholarly research on the quality of life, including health-related quality of life research or also called patient-reported outcomes research. Altogether 500 new and updated entries appear in this new edition. This single, multidimensional reference work connects the most salient and important contributions to the relevant fields from the behavioral and social sciences as well as health and healthcare. New topics in this 2nd edition are on disabilities, religion/spirituality, sex, sports, politics, government, science, literature, performance and visual arts, environmental quality and sustainable development. The 2nd edition of the Encyclopedia of Quality of Life and Well-being Research is an indispensable reference point for future research and writing topics on quality of life.
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- 2024
48. Trends in Earnings Volatility among US Men
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Moffitt, Robert A.
- Subjects
Economists ,Business, general ,Business ,Economics - Abstract
Economists have been concerned about the volatility of earnings and income for decades because it creates uncertainty for families and individuals and makes it more difficult for them to plan [...]
- Published
- 2021
49. Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace
- Author
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Boudreaux, Donald J.
- Subjects
Trade Wars are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace (Nonfiction work) -- Klein, Matthew C. -- Pettis, Michael ,Books -- Book reviews ,Economics ,Social sciences ,Political science - Abstract
* Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace By Matthew C. Klein and Michael Pettis New Haven, Conn.: Yale University Press, [...]
- Published
- 2021
50. ECONOMIC INTEGRATION, LABOR MARKETS AND REGIONAL SOCIAL EXTERNALITIES IN CENTRAL AMERICA
- Author
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Caceres, Luis Rene
- Subjects
Externalities (Economics) -- Statistics ,Labor market -- Statistics ,Unemployment -- Central America -- Latin America -- Mexico -- Spain -- Nicaragua -- Honduras -- Africa -- Guatemala -- El Salvador ,Developing countries -- Statistics ,International economic integration -- Statistics ,Economic growth -- Statistics ,Business ,Economics ,Business, international ,Regional focus/area studies ,World Bank Group. World Bank -- Statistics - Abstract
A vast literature has analyzed the transmission of economic growth spillovers across developing countries that are members of economic integration programs, but scant attention has been directed to analyzing the repercussions of economic integration on member countries' labor markets. This is a grave shortcoming given that unemployment and underemployment constitute serious problems in developing countries; if research indicated that economic integration was a means to promote employment, the implications would be that it can be a source of meaningful benefits to the member countries, and that other developing countries should pursue their own integration programs. The objective of this study is to analyze, for one Central American country, El Salvador, the responses of its rates of wage and self-employment to economic dynamism and remittances in the other Central American countries. The methodology consists in the estimation of econometric equations that explain El Salvador' annual rates of self and wage employment in terms of their own economic growth and remittances, and those of the other Central American countries' and of the US, as in a regional Okun's law. The impacts of regional external aid received by a country on the other member countries' employment is also analyzed, as well as the existence of synchronism in member countries' rates of economic growth and its implications on the adoption of a common currency. The results show that wage employment increases and self- employment decreases in El Salvador in response to its own economic growth and remittances, and in response to economic growth and remittances in other Central American countries. Other results show the importance of adequate tax revenues in member countries so as to promote national social development and strengthen the integration program. An important result consists of the evidence that crime, homicide rates specifically, has a regional nature in Central America, resulting from the interdependence in national labor markets. The main policy implication is that in Central America, labor markets should be analyzed on a regional scope. Another implication is that it may be more effective to design social policies on a regional level, so as to obtain the benefits created by social externalities that result from the interdependence of labor markets. These results have not been analyzed in previous literature. JEL Classifications: F15, F16, O11 Keywords: economic integration, self employment, economic cross country interdependence, INTRODUCTION The Central American countries face the serious problem of generating sufficient jobs to provide employment to large segments of the population that remain under or unemployed. This is of [...]
- Published
- 2021
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