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The State of Capitalism
Thinking beyond pandemic capitalism The health emergency that broke out in 2020 is a landmark event in the development of capitalism, confirming the underlying change signalled by the Great Crisis of 2007-9. The pandemic has catapulted the state to the centre of economic activity. However, a historic impasse is steadily becoming apparent at the core of the world economy Productive accumulation is flaccid, as both profitability and labour productivity are weak. Financialisation has entered a new phase, as “shadow banking” grew relative to other banks but is entirely dependent on the state. The power of the state derives from command over fiat money and can certainly deliver enormous boost...
Information Sources on Islamic Banking and Economics
Islamic banking and economics (IBE) is a fast-growing subject of vital interest in both East and West as Muslims change their attitudes towards investments and find ways to invest their funds according to the Islamic faith. Along with the rapid developments in Islamic banking there has been a concomitant increase in the quantity of relevant IBE mat
The New Germany in the East
This work considers the problems of the socialist legacy left by the unification of Germany, as East Germans adjusted to uncertainties in employment, education, family life and immigration.
The Making of Monetary Policy in the UK, 1975-2000
Over the quarter of a century with which this book is concerned, the UK has had an extraordinarily diverse experience of monetary policy and monetary regimes. Monetary policy has been transformed, from attempts to control broad money from the supply side with the use of indirect controls on banks' lending, to an almost exclusive focus on interest rates in a context of inflation targeting. The exchange rate has at times been fixed, at other times almost perfectly flexible, and at other times again more or less managed. Meanwhile the real economy has experienced large variations in growth, together with what most observers have seen as a sharp rise and then a gradual decline in the NAIRU; infl...
Afghanistan 1900 - 1923
This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1967.
Economics
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The Berlin Republic
Since German unification in October, 1990, arguments have raged as to whether the integration process of the former East Germany into the western system has been a success. These essays offer fresh insight and perspectives explaining the effects of unification on Germany and the EU as a whole.
Industrial Restructuring and Trade Reorientation in Eastern Europe
This book examines the reorientation of foreign trade and industrial restructuring in Eastern Europe.
German Unification and the Union of Europe
This book explores the effects of Germany's unification in 1990 on its policies toward the European Union.
Germany since Unification
Almost a decade after the opening of the Berlin Wall, the collapse of the GDR and the end of the Cold War, Germany has begun to cope with the political, economic, social and nationalistic challenges unification has posed to its institutions and way of life in both the western and eastern part of the once divided country. The books' nine authors, all experts in their field, analyse the way united Germany has tackled the many unforeseen problems and highlight Germany's slow adjustment to the new realities. The emergence of a new economic, political and perhaps military superstate as feared by many in 1990 has not materialised. Instead, Germany today is only just coping with the domestic and external challenges of unification. The economic and social integration of the former East Germany may yet take another 10 to 15 years. This timely and well-researched book outlines the many challenges facing Germany and its European neighbours in the post-Cold War world.
