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While politicians debate whether or not climate change is real, extreme weather rages around the world. Whatever the cause, the effects are real, as evidenced by staggering numbers of displaced people. These climate refugees, through no fault of their own, have meaningful impacts on populations, economies, and even cultural makeup. How can world leaders adapt to these changes? In this fascinating resource, writers from around the world offer their takes on the current crises as well as predictions for the future.
Transformational Public Policy examines how governments can more effectively handle uncertainty and risk in an uncertain and changing world. Unpredictable and changing circumstances often bring nasty surprises that can increase waste in governance and public debt. This book illustrates how new methods derived from signal processing techniques can improve the practice of public policy by transforming it through rapid learning and adaptation. Interventions are processes of discovery, not compliance. Transformational Public Policy shows readers how the power of hypothesis testing in governance can be deployed. The book argues that public policy can be framed as tests of competing hypotheses subject to diagnostic errors. The aim is to learn how to reduce these diagnostic errors through cumulative experience. This approach can reduce the impact of negative unintended consequences -- a topic of great interest to policy makers and academics alike.
Many of the world's fisheries face major challenges including overfishing, overcapacity and low returns. Using recent developments in microeconomic theory and with numerous case studies and examples, this book shows how to measure efficiency, productivity, profitability, capacity of fishing fleets and how to improve fisheries management. The book will prove invaluable to researchers, students and professionals interested in understanding the problems in fisheries and how they may be overcome.
This book introduces the concept of ‘knowledge alchemy’ to capture the generic process of transforming mundane practices and policies of governance into competitive ones following imagined global gold standards. Using examples from North America, Europe and Asia, it explores how knowledge alchemy increasingly informs national and institutional policies and practices on economic performance, higher education, research and innovation. The book examines how governments around the world have embraced global models of world-class university, human capital and talent competition as essential in ensuring national competitiveness. Through its analysis, the book shows how this strongly future-oriented and anticipatory knowledge governance is steered by a surge of global classifications, rankings and indicators, resulting in numerous comparisons of various domains that today form more constraining global policy scripts.
This book traces the evolution of the Irish economy since independence looking at how the state sought to shape, regulate and deregulate economic activity to deal with the challenges posed by the wider international environment.
Why did Economics, in its formative phase, have so much input from medically educated writers? The innovations that physicians brought to their economic discourse played a key role in shaping the future of the discipline, and this volume draws together the work of leading international academics to address this fascinating topic. This book examines
Today's ever more complex world creates challenges for decision makers. This volume reviews the principles underlying complex decision making, the handling of uncertainties in dynamic environments, and the various modeling approaches. Beginning with a discussion of the underlying concepts, theories and empirical evidence, the book gives you a range of practical tools and techniques for decision making in complex environments and systems.
This impressive volume centres on the relationship between Austrian and Swedish economics. Exploring themes such as capital theory, expectations, policy, market theory and the history of economic thought, this book makes for an interesting read. It will appeal across a wide range of disciplines within economics as well as the philosophy of social s
The years in-between the two World Wars were a crucial period for the building of economic dynamics as an autonomous field. Different competing research programs arose at international level. Great progress was achieved by studies on the business cycle, with the first statistical applications. Outside the theory of the business cycle, a significant line of inquiry was that pursued at the end of the 1930s by Hicks and Samuelson. This period also saw the formulation of another approach to formal economic dynamics which in the 1930s represented the frontier of research from the analytical point of view. It was an approach which set the notion of equilibrium at the basis of dynamics, exactly as ...
Austrian economist, Ludwig von Mises, was one of the most original and controversial economists of the 20th century, both as a defender of free-market liberalism and a leading opponent of socialism and the interventionist-welfare state. He was both the grant designer of a political economy of freedom and a trenchant, detailed critic of government regulatory and monetary policies in the first half of the 20th century. This fascinating book explores the cultural currents of anti-Semitism in Austria before and after the First World War that Mises confronted as an Austrian Jew; his analysis of Austria-Hungary’s establishment of a gold standard; Mises’ multi-sided activities in the years afte...