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Post COVID-19, the world will never be the same. The pandemic not only shattered many assumptions about economic developments and growth, but it also challenged our preparedness to face any unpredictable challenge as a human civilization in an era where science and technology is at its peak. To suppress the spread of COVID-19, many countries resorted to partial or full closure of their borders and restricted the movement of people. Mandatory quarantine restricted labor mobility and workplace closure, which later converted into supply shocks in the economy, as these measures impaired the economy’s production capacity, disrupting supplies. This later spilled over to the demand side as people...
“A remarkable book about a remarkable personality unique in India’s post-independence economic history. Madan’s journey in building an Indian MNC straddles 20th century conservatism and 21st century globalisation, and is a must read for entrepreneurs of all hues.” PD Rai, Former Lok Sabha MP, Sikkim “Madan’s story would help millions of entrepreneurs across the world. The book will motivate the reader to develop the ability to take risks cautiously and will satiate his thirst for constant learning. This thought-provoking book will be a very useful resource for students and libraries globally.” Dr Sharad Sarin, Former Senior Professor XLRI, Jamshedpur “An inspiring story of an...
This book discusses wide topics related to current issues in economic growth and development, international trade, macroeconomic and financial stability, inflation, monetary policy, banking, productivity, agriculture and food security. It is a collection of seventeen research papers selected based on their quality in terms of contemporary topic, newness in the methodology, and themes. All selected papers have followed an empirical approach to address research issues, and are segregated in five parts. Part one covers papers related to fiscal and price stability, monetary policy and economic growth. The second part contains works related to financial integration, capital market volatility and macroeconomic stability. Third part deals with issues related to international trade and economic growth. Part four covers topics related to productivity and firm performance. The final part discusses issues related to agriculture and food security. The book would be of interest to researchers, academicians as a ready reference on current issues in economics and finance.
"Chowdhry and Nair, along with the authors of this volume, make a timely, vital, and deeply necessary intervention in international relations - one that informs theoretically, enriches our knowledge of the world through its narratives, and forces us to confront the differentiated wholeness of our humanity. Readers will want to emulate the skills and sensibilities they offer.." Naeem Inayatullah, Ithaca College This work uses postcolonial theory to examine the implications of race, class and gender relations for the structuring or world politics. It addresses further themes central to postcolonial theory, such as the impact of representation on power relations, the relationship between global capital and power and the space for resistance and agency in the context of global power asymmetries.
The active economy incorporates several disciplines that include sport performance, sport business, recreation, tourism, physical activity, urban planning, leisure, and health and wellness, among others. From an academic and policy perspective, these disciplines are typically viewed as distinct, with only limited spillover, and consequently, limited research explores the interaction between them. However, each individual sector can be studied as interdependent rather than autonomous. By viewing the various sectors as part of a complex active ecosystem, policymakers and practitioners are better positioned to shape broad opportunities while maximizing the community value of sports, recreation,...
In the 21st century, management accounting gains new dimensions, expanding its research area. Additionally, management of sustainable performance is one of the phenomena faced by the current business environment, and in particular management corporations. The focus of management on profitability remains the main objective of any company, but it must also take into account the sustainability of social, economic, and environmental aspects. Under these circumstances, managerial decisions must be adjusted and strongly substantiated considering the information required by internal and external stakeholders including financial reporting. The information requirements of customers and other stakehol...
This book analyses the current debate around Central Bank Digital Currencies (CBDC) and the future of New Global Financial System. It offers deep insight into the global monetary policy in the context of digital and cryptocurrencies and examines both the opportunities and challenges to come. The book draws a clear distinction between digital and cryptocurrencies and answers several research questions, such as what the consequences of forming Central Bank Digital Currencies and their impact on the financial markets, in both advanced and developing economies, might be. Another question refers to whether the role of monetary policy easing has led to the rise of the virtual currency market, whil...
The surge in technological transformation affects all business model phases over many industries. Emerging technologies provide new avenues for industries to increase their competitive advantage and enhance economic progression. Blockchain technology’s ability to build an open and trustworthy network model seems to promote shared IT-based networks in banking, insurance, and other similar industries. The adoption of blockchain in the banking and insurance industry is developing rapidly. Applications, Challenges, and Opportunities of Blockchain Technology in Banking and Insurance explores how blockchain technologies optimize and integrate the transactions and operations in association with a...
Sustainable development has always been a contested concept and has been extensively debated over the last 30 years with new classifications arising since then. There was a previous push for the radical transformations of the market economy to downscale production and consumption that would increase human well-being and enhance ecological conditions. Because of this conflict, there was a need for a new model that challenges and could be the alternative for the liner economy; this new model is called the circular economy. A circular economy aimed at eliminating waste and the continual use of resources. It gained its ground in the era of disruptive technological advancement and a dynamic globa...