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Technology has long been seen as a path to economic growth. However there is considerable debate about the exact nature of this relationship. Economics of Structural and Technological Change employs a wide range of theoretical and applied approaches to explore the concept of technological change. The book begins with a series of in-depth discussions of the economic analysis of technological change. The second section contains a discussion of theoretical models of technological change, focusing on issues such as time and innovation. The third section brings together a number of applied analyses of technological change and examines the effect of factors such as human resource constraints, patenting and science and technology indicators.
Recurrent crises in emerging markets and in advanced economies in the last decades cast doubt about the ability of financial liberalization to meet the aims of sustainable economic growth and development. The increasing importance of financial markets and financial efficiency criterion over economic decisions and policies since the 1980s laid down the conditions of the development process of emerging market economies. Numerous crises experienced thereafter gave rise to flourishing work on the links between financialization and economic development. Several decades of observations and lessons can now be integrated into economic and econometric models to give more sophisticated and multivariab...
At its core this book sets out the analytical and methodological foundations of Minsky’s financial instability hypothesis (FIH). Grounded on the joint work of Piero Ferri and Hyman Minsky, it offers insightful analysis from a unique insider's perspective. The objective is to deepen and enlarge the toolbox used by Minsky and to place the analysis within a dynamic perspective where a meta model, based upon regime switching, can encompass the different forms that the FIH can assume.
The IBSS is the essential tool for librarians, university departments, research institutions and any public or private institutions whose work requires access to up-to-date and comprehensive knowledge of the social sciences.
With the financial crisis and Great Recession, some economists have begun to question the orthodox approach to production and capital/labor relations over the years. This orthodoxy thrown into question due to concerns of poor corporate decision-making, corporate capture of regulators, perceived rewards for failure, and uneven productivity growth.
A detailed exploration of the influence and utility of Thomas Malthus' model of population growth and economic changes in Europe since the nineteenth century. This important contribution to current discussions on theories of economic growth includes discussion of issues ranging from mortality and fertility to natural resources and the poverty trap.
The Welfare State and Life Transitions uses the lens of key life stages to highlight changes in these transitions and in available resources for citizen support within nine European welfare states. This timely book reveals that new life courses are found to require more, and not less welfare support, but only Sweden has developed an active life course approach and only three more could be considered supportive, in at least some life stages. For the remainder, policies were at best limited or, in Italy.s case, passive. The contributors reveal that the neglect of changing needs is leading to greater reliance on the family and the labour market, just as these support structures are becoming more unpredictable and moreunequal. They argue that alongside these new class inequalities, new forms of intergenerational inequality are also emerging, particularly in pension provision.
Efforts to resolve the recent financial crisis have obscured a more deeply rooted financialization crisis that impacts not only the market economy but also the vital civic and moral traditions that support it. This book reveals the cultural influence of finance in reshaping the foundations of American civil society and proposes a return to certain "first principles" of the Republic to restore the nation’s economic vision. This book demonstrates how funding concerns and financial incentives "revalue" faith traditions, educational institutions, non-profit organizations, and even the nation’s healthcare system in ways that are eroding the diversity of American culture. These changes also un...
The present book analyses the work of Ezio Tarantelli, a remarkable Italian scientist and economist killed by the Red Brigades in 1985 after only a short life (1941-1985). Tarantelli’s work and its implications are not only of importance for Italian researchers, but also represents a contribution of interest to economists worldwide. The first chapter of this volume shows the most important features of the European and Italian economy from 1970 to 1985. The contribution of Tarantelli, in fact, was his attempt to address the questions arising from such a context, incorporating the thought of F. Modigliani and J. Robinson in the process. After some brief biographical notes in the second chapter, the third and the fourth concentrate on Tarantelli’s theoretical contribution. The fifth chapter and the conclusions, finally, show how, from his economic analysis, he derived some economic policy proposals that still hold relevance today. The text includes a complete bibliography of his scientific writings.