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The Informal Economy
The Informal Economy: Measures, Causes, and Consequences provides a comprehensive account of the economics of informality through the lenses of various economic perspectives. Although informal economic activity is widespread all around the world, many issues around its nature and consequences remain largely under-explored or unresolved. Most importantly, the evidence presented in the existing literature on informality has failed to generate a consensus on the measurements, causes, and effects of the informal sector among researchers. Most, if not all, of the empirical results are inconclusive or dependent on the nature of the dataset used in the analysis. This book aims to address that gap b...
Routledge Handbook of the Informal Economy
Delve into the complex landscape of the informal economy with the Routledge Handbook of the Informal Economy, a groundbreaking volume that transcends conventional economic analysis by contextualizing it within a broader regulatory and social framework. This comprehensive handbook offers cutting-edge categorical, thematic, and regional analyses of the informal, or shadow, economy. An esteemed international ensemble of contributors draws on diverse economic perspectives, exploring a spectrum of definitions and measures, including household, firm-level, and employment-based metrics, alongside perceptional and model-based estimates. Employing a variety of econometric and methodological approache...
Understanding Financial Crises
Incorporating a broad range of economic approaches, Understanding Financial Crises explores the merits of various arguments and theories which have been used to explain the causes of financial crises. The book explores eight of these different explanations: underconsumption, debt accumulation, financialization, income inequality, financial fragility, tendency of rate of profit to fall, human behavior, and global imbalances. The introduction provides a brief overview of each argument along with a comparison of their relative merits. Each chapter then introduces one of the arguments, explores a historical case, and focuses on the insights that can be gleaned into the global crisis in 2007–20...
A Modern Guide to the Informal Economy
This Modern Guide presents a comprehensive synthesis of contemporary thought on the informal economy, which, as the author demonstrates – far from being a peripheral feature of the global economy – is a system in which the majority of the global workforce are employed and which has pervasive detrimental effects. Formalising it is therefore a priority for most governments.
Good Finance
Just as we need good food for good health, so too do we need ‘good finance’ for social and economic wellness. In this book, Vedat Akgiray presents a timely critique of extreme financialisation, of the economics profession’s flawed modelling approach and the continuing blind faith in the efficient market hypothesis. Outlining the causes of financial crises and their socioeconomic effects, Good Finance puts the issues into perspective. It offers a clear platform upon which our current concept of finance can be revised for the good of society.
Nonlinearity Between the Shadow Economy and Level of Development
This paper is the first attempt to directly explore the long-run nonlinear relationship between the shadow economy and level of development. Using a dataset of 158 countries over the period from 1996 to 2015, our results reveal a robust U-shaped relationship between the shadow economy size and GDP per capita. Our results imply that the shadow economy tends to increase when economic development surpasses a given threshold or at least does not disappear. Our findings suggest that special attention should be given to the country’s level of development when designing policies to tackle issues related to the shadow economy.
Ten Worlds of Welfare Capitalism
This book presents a new step farther into the twenty-first century, for the first time truly combining a comprehensive global data analysis with social policy theory development. The theory of global ideal-typical welfare regimes, also known as the “Ten Worlds of Welfare Regime Theory”, as set forth earlier by Christian Aspalter, is now in this book tested empirically using a quantitative global data analysis for the first time. The strong and rich results fully vindicated the Ten Worlds Theory. All in all, about 150 countries are included in this test, measuring numerous variables on two main dimensions, i.e., povertization and inequality. The innovative approach of using a new indicat...
Ak Parti ve Türkiye'nin Dönüşümü - Cilt 2
• AK Parti 2023 seçimlerine yirmi bir yıldır iktidarda olan bir parti olarak katılıyor. Türkiye siyasetinin demokratik döneminde bu kadar uzun süre kesintisiz iktidarda kalan bir başka parti yok. Dünya siyaseti açısından bakıldığında ise ülkelerin demokratik yaşamında aynı liderle ve yüksek oy oranları ile iktidarda kalan ve tek başına iktidarını sürdüren parti yok denecek kadar az. Bu açılardan değerlendirildiğinde AK Parti hem Türkiye hem de dünya siyasetinde istisnai özellikleri ile öne çıkmaktadır. Genel, yerel ve cumhurbaşkanı seçimleri ve referandumlarla birlikte on beş seçimi arka arkaya kazanan bir parti, aynı zamanda en yakın rakibi i...
Financing Welfare State Systems in Asia
This book identifies the main causes of welfare state system extension, as well as the differences in welfare state system design and their consequences for human behavior and the future financial stability of the systems in place in different parts of Asia. Providing ten in-depth country case studies from across the region, including India, Thailand, China, Hong Kong, Macao, Taiwan and South Korea, as well as Russia, Turkey and Saudi Arabia, the book focuses on the situation of welfare state system development and its financing in some of the largest countries on earth. It addresses previously neglected areas for investigation, such as the causal reasons for welfare state system extension (not only in Asia, but in general), the types of social security systems and their incentive systems in place and the way they chiefly determine behavior—and thus determine the resulting social security needs. This book will be of interest to all scholars and students of social policy, public policy, political science, sociology, finance and economics, development studies and Asian studies more broadly.
