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This collection of essays presents insight and methodology that are highly relevant for readers today as they consider the future of the world they live in. Experiencing the COVID-19 pandemic, people have realized how fragile the current economy is and the necessity for reconstructing the socio-economic system. That system, which was considered the default for so long, was succeeded by the analytical framework of economics and regional science. The contents of this book are diversified, as are the achievements of Prof. Yasuhiro Sakai, to whom this volume is dedicated, and cover a wide area from mathematical and experimental economics to conventional and emerging fields of regional science. S...
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Discusses the impact and implications of European expansion as well as developments in the Asia-Pacific region, and examines driving forces, backgrounds, obstacles, and opportunities for regions to become powerful global players. Chapters are in sections on trade, welfare, and growth; spatial interaction and competition; and globalization and regional policy. Topics include patterns of industrialization, trade between Taiwan and Canada, patterns of structural unemployment in the EU, and the relationship between information development and economic development. Kohno is professor emeritus at the Institute of Socio- Economic Planning, University of Tsukuba, Japan. Annotation copyrighted by Book News, Inc., Portland, OR
The book conducts a comparative study on the form of enterprise, focusing on broadly defined cooperative firms in comparison with conventional capitalist firms. It explores the essential advantages and disadvantages of the different types of firms and attempts to answer why capitalist firms are so prevalent in our economy. The book attempts to explain these questions from the viewpoint of "market failure" in the framework of standard microeconomic theory. In this analytical framework, it proposes an alternative system of business organization based upon consumer cooperatives and the market for their memberships, which can coexist consistently with the system of capitalist firms and the stock market within a single market economy. The existing studies of the cooperative sector have been rather ideological. The analytical framework that is presented in this book helps promote scientific exploration of cooperative and other types of firms, which are indispensable and potentially promising constituents of our society.