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This book focuses on the role of the state in promoting a country's long-term technological progress and industrial leadership. Throughout history, a nation's rise to dominance has invariably been followed by its fall; the dominant powers of today are not the same ones that controlled the world three hundred years ago. In the same manner, economic dominance has usually been fleeting, as leading nations have routinely been caught up and surpassed by challengers. This study looks at Schumpeterian growth - currently the most important source of economic growth - which credits the ability to use technological progress for the benefit of industrial leadership as the key motor of national developm...
The future of China, India and Asia’s other emerging economies and their ability to take a ‘low-carbon’ and ‘climate-resilient’ development path determine the future of global carbon emissions and climate change. Indeed, the battle to confront global climate change will be won or lost in Asia. The transition to a low-carbon, climate-resilient economy (LCE), which involves many steps towards improved energy efficiency, alternative energy sources and transport systems, sustainable land use, eco-friendly consumption and proactive adaptation, may be regarded as the world's fourth revolution, after the industrial revolution, agricultural revolution, and the information revolution. Asia ...
For most of the twentieth century, the Conservative Party engaged in an ongoing struggle to curb the power of the trade unions, culminating in the radical legislation of the Thatcher governments. Yet, as this book shows, for a brief period between the end of the Second World War and the election of Harold Wilson's Labour government in 1964, the Conservative Party adopted a remarkably constructive and conciliatory approach to the trade unions, dubbed 'voluntarism'. During this time the party leadership made strenuous efforts to avoid, as far as was politically possible, confrontation with, or legislation against, the trade unions, even when this incurred the wrath of some Conservative backben...
Elizabeth Gaskell might have been amused to learn that the Victorian 'elegant economy' she mocked so poignantly in Cranford reached a new apogee in the mid-twentieth century and endured the invasion of its precise antithesis, 'conspicuous consumption'. For Britons of all classes the years of austerity during and after the Second World War were years of disorientation and fears of resurgence of the worst of the interwar decades. They had never had more money in their pockets or less material things on which to spend it. Many took refuge in the 'elegant economy', its creator dubbed 'a sort of sour-grapeism, which made us very peaceful and satisfied'. Constrained by rationing, manufacturing and...
This book is specifically aimed at addressing a gap in the study of the evolution of corporate governance in Britain. In particular its key theme, the relationship between corporate governance and personal capitalism in British manufacturing in the first half of the twentieth century, provides the means for a systematic and critical examination of the dominant Chandlerian paradigm that the long-running persistence of personal capitalism shaped the governance of British manufacturing firms well into the twentieth century and acted to erode their competitive performance. The book helps to identify those aspects of corporate governance that have undergone change, with some critical observations...
The birth of a mass consumer society in western Europe has been the subject of much scholarly debate in recent years. In order to come to a further understanding of the issue, this book adopts an analytical approach, paying special attention to the socio-cultural and economic transfers which occur when different commodities are introduced to territories with diverse values and identities. In particular, it examines the role of merchants and their important influence on consumer decisions, describing how they created demand for new necessities in local, national and international markets of the western Mediterranean area. Through a systematic analysis of probate inventories from southern Spai...
This book identifies second stage challenges and opportunities for expanding renewable energy into a mainstay of electricity generation that can replace fossil fuels and nuclear power, comparing Japan with several countries in East Asia and Northern Europe. Environmentally sustainable renewable energy technologies have now overtaken fossil fuel and nuclear technologies in terms of total global investment, and the costs of these technologies and related ones (e.g. storage batteries) are rapidly falling. Yet renewable energy use varies greatly from country to country. Major second stage obstacles to replacing fossil and nuclear-fueled electricity generation include the lack of electricity grid...
In this volume, the mutual interdependence between road and rail transport is investigated, providing a fascinating reappraisal of the complex and shifting nature of European transportation over the last hundred years. The first half of the collection examines how railway companies reacted to increasing competition from road transport. The second part focuses on road mobility, a key success story of the twentieth century.
Renewable energy is rising within an energy system dominated by powerful vested energy interests in fossil fuels, nuclear and electric utilities. Analyzing renewables in six very different countries, the author argues that it is the extent to which states have controlled these vested interests that determines the success or failure of renewables.
“This volume brings together leading experts to examine the potentials for maritime conflict and cooperation in a region where geopolitical rivalries are intensifying. I highly recommend it to scholars, practitioners, and students alike.” —Miranda A. Schreurs, Professor, Technical University of Munich. “With an original approach to maritime conflicts that focuses on the effects of technological and environmental change, this is a must-read for anyone interested in East Asian peace and security!” — Stein Tønnesson, Research Professor Emeritus, Peace Research Institute Oslo “A crucial read for anyone interested in understanding the complexities of maritime conflicts in East Asia...