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Like so many of us, Margret Kopala lost a significant portion of her life savings in the stock market crash of 2008. Unlike us, however, she went on a long and intense financial odyssey to find out what caused the losses and what she could do to protect herself in the future. Armed with her skills as a journalist and public policy analyst, fueled by equal measures of fear and determination, and mentored by successful investment strategist and financial broadcaster John Budden, Kopala researched and wrote this magisterial analysis of how Russian economist Nikolai Kondratieff’s long-wave theory is playing out in what many today describe as a financial Winter. Along the way, she is introduced...
The term globalization has gained widespread popularity; yet most treatments are either descriptive and/or focused on changes in economic interconnectivity. In this volume the concept is seen in broader terms as leading international experts from a range of disciplines develop a long-term analysis to address the problems of globalization. The editors and contributors develop a framework for understanding the origins and trajectory of contemporary world trends, constructing testable and verifiable models of globalization. They demonstrate how the evolutionary approach allows us to view globalization as an enterprise of the human species as a whole focusing on the analytical problem of global ...
Kondratieff waves constitute a sort of mystery that has been haunting economic and social researchers for almost a century. Why do we observe such regularity in the long-term behavior of economic and non-economic indicators? Why in certain periods do we observe prolonged upswings, whereas in other periods – notwithstanding all the enormous efforts of interested macroeconomic actors – economic development is accompanied by prolonged depressions? What gets out of order in social and economic mechanisms? Since the seminal works published by Kondratieff, a number of outstanding researchers have made significant contributions to our understanding of the possible factors affecting and provokin...
Considerable progress has been made in understanding the underlying mechanisms driving the long-wave behaviour of the world socioeconomic development. A controversial mechanism discussed is the close relationship between K-waves and the outbreak of majors wars.
This book takes an in-depth look at the economics of digital transformation. Presenting a variety of perspectives from experts, it deals with the socioeconomic changes associated with the digital transformation of production systems. The chapters also address the impacts of digital transformation on the sustainable functioning of socioeconomic and environmental systems. Select chapters also investigate the consequences of adopting intelligent learning systems, both in terms of replacing the human labor force. and their effects on the smart digital management and security of cities, places, and people. Lastly, chapters discuss important questions regarding innovations leading to sustainable change.
This book presents the latest research perspectives on how the Industry 4.0 paradigm is challenging the process of technological and structural change and how the diversification of the economy affects structural transformation. It also explores the impact of fast-growing technologies on the transformation of socioeconomic and environmental systems, and asks whether structural and technological change can generate sustainable economic growth and employment. Further, the book presents the basic innovations (new technologies, materials, energy, etc) and industrial policies that can lead to such a structural change.
The first global study by a historian to fully integrate the earth-system approach of the new climate science with the material history of humanity.
This book applies an economic approach to examine the driving forces behind the dynamic behaviors of developing nations. Taking into account initial conditions and environmental and external factors often oversimplified by historians and anthropologists, Guo finds that the rise and fall of civilizations and nations followed an anti-Darwinian process: physical weakness, rather than strength, induced humans to adapt. Cultures facing unfavorable physical and environmental conditions developed complex societies to overcome these challenges, while favorable conditions did not incentivize major economic and cultural change. Over centuries of economic growth and development, nations and civilizations’ adaptive behaviors have followed a cyclical path at both the country level and in an international context. This interdisciplinary book incorporates elements of history, anthropology, and development into an astute economic analysis that changes the way we think about the origins and evolutions of civilizations.
This book explores the factors and mechanisms that may have influenced the dynamic behaviors of earliest civilizations, focusing on both environmental (geographic) factors on which traditional historic analyses are based and human (behavioral) factors on which anthropological analyses are usually based. It also resurrects a number of common ancestral terms to help readers understand the complicated process of human and cultural evolution around the globe. Specifically, in almost all indigenous languages, the words ‘wa’ and any variants of it were originally associated with the sound of crying of – and certainly were selected as the common ancestral word with the meanings of “house, h...