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This book examines financial vulnerability: a state in which a person or household cannot absorb any substantial spending or negative income shock without substantial financial and ultimately broader harm such as job loss, emotional harm, or mental illness. The focus of the book is on the experiences of low- income and modest income Canadian families – families which, by virtue of being in the lower income brackets, are particularly at risk of experiencing financial hardship. Looking at vulnerability from a conceptual and empirical lens, this book offers a framework to better understand the complex and interdependent ways in which financial vulnerability emerge and can be addressed. By locating its analysis of individual and household financial management in wider community, cultural, and economic contexts, this book seeks to offer holistic policy recommendations to reduce financial vulnerability, with implications that go beyond Canada and to other developed countries.
Documents the major processes, performance, institutions, problems and policies associated with global political economy. This book present an analysis of the changing distribution and production of wealth throughout the world, the global technological revolution, and a special study of Asia and Eastern Europe in the world system.
The book sheds understanding on the relations between development and global energy security by looking at China and India. It addresses the following issues: what is the new definition of energy security? How does it affect global politics and international relations? What are the energy security concerns of China and India, and what policies and approaches have they taken to deal with energy security issues? Since China and India are searching for oil and gas in the Middle East, Africa, and Southeast Asia, would their acquisition efforts conflict with the interests of other energy giants such as the U.S., Japan, and would their growing overseas activities challenge U.S. policy in those ene...
Institutional change is a central driving force behind social changes, and thus a central topic in all major fields of social sciences. Yet, no general theory of institutional change exists. Drawing from a diverse literature, this book develops a general theory of institutional change, based on a social evolutionary synthesis of the conflict approach and the harmony approach. The book argues that because the whole process of institutional change can be understood as a process of selecting a few ideas and turning them into institutions, competition of ideas and struggle for power to make rules are often at the heart of institutional change. The general theory not only integrates more specific theories and insights on institutional change that have been scattered in different fields into a coherent general theory but also provides fundamental new insights and points to new directions for future research. This book makes a fundamental contribution to all major fields of social sciences: sociology (sociological theory), political sciences, institutional economics, and political theory. It should be of general interest to scholars and students in all major fields of social science.
A review of the existing literature on the China-India comparative theme conveys the distinct impression that the literature largely projects China and India as intrinsically competitive entities. While much has been written on where and why China and India are contesting, particularly from a political sense, very little attention has been devoted to mutual collaboration, whether existing or potential. Such possibilities are at their greatest in economics, which will dominate the future China-India relationship.This book explores Sino-Indian ties from a comparative economic perspective and argues that it is erroneous to visualise the ties either from exclusively competitive or collaborative ...
First Published in 2012. Routledge is an imprint of Taylor & Francis, an informa company.
This book examines the causes of the economic and political crisis in Argentina in 2001 and the process of strong economic recovery. It poses the question of how a country which defaulted on its external loans and was widely criticized by international observers could have succeeded in its growth and development despite this decision in 2002. It examines this process in terms of the impact of neo-liberal policies on the economy and the role of development strategy and the state in recovering from the crisis
This book provides a state-of-the-art overview of the changes and development of the civil international aircraft/aviation industry. It offers a fully up-to-date account of the international developments and structure in the aircraft and aviation industries from a number of perspectives, which include economic, geographical, political and technological points of view. The aircraft industry is characterized by very complex, high technology products produced in relatively small quantities. The high-technology requirements necessitate a high level of R&D. In no other industry is it more of inter-dependence and cross-fertilisation of advanced technology. Consequently, most of the world’s large...
Beginning with the 2008 global crisis in the United States, and particularly after the COVID-19 pandemic shook economies around the world, academics, practitioners, and other experts have become increasingly sensitised to the potential for financial and economic fragility to result in a systemic breakdown. Presenting a synopsis of lessons learnt from financial crises arising out of the 19th, 20th and 21st centuries, each entry examines a unique past issue to help to develop future outcomes, operating as a touchstone for further research.
The book aims at offering a comparative, multi-perspective analysis of the different, at times parallel, at times with varying degrees of interdependence, macroeconomic and structural adjustments in the two continents against the backdrop of important processes of regional integration. Its reading offers a multifaceted appreciation of the reality emerging from the mixing up of longer run tendencies deepened by the brute force of the financial and then industrial crisis.