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Showing 21 - 40 of 2079 items
By Markus K. Brunnermeier, Harold James, Jean-Pierre Landau. 2017
How philosophical differences between Eurozone nations led to the Euro crisis—and where to go from hereWhy is Europe's great monetary…
endeavor, the Euro, in trouble? A string of economic difficulties in Greece, Ireland, Spain, Italy, and other Eurozone nations has left observers wondering whether the currency union can survive. In this book, Markus Brunnermeier, Harold James, and Jean-Pierre Landau argue that the core problem with the Euro lies in the philosophical differences between the founding countries of the Eurozone, particularly Germany and France. But the authors also show how these seemingly incompatible differences can be reconciled to ensure Europe’s survival.As the authors demonstrate, Germany, a federal state with strong regional governments, saw the Maastricht Treaty, the framework for the Euro, as a set of rules. France, on the other hand, with a more centralized system of government, saw the framework as flexible, to be overseen by governments. The authors discuss how the troubles faced by the Euro have led its member states to focus on national, as opposed to collective, responses, a reaction explained by the resurgence of the battle of economic ideas: rules vs. discretion, liability vs. solidarity, solvency vs. liquidity, austerity vs. stimulus.Weaving together economic analysis and historical reflection, The Euro and the Battle of Ideas provides a forensic investigation and a road map for Europe’s future.Cooperative Enterprises is the first textbook to examine the evolution of the cooperative enterprise model and the contribution that cooperatives…
can make to the economy and society.It provides an accessible overview of the subject, looking at history, cooperative models, theories, legislation, and governance. Cooperative Enterprises takes an international approach throughout, drawing on examples from cooperatives from across the globe. The book offers a valuable historical perspective, placing cooperatives within their political, social, cultural, and economic contexts since the Industrial Revolution. It analyses and compares the cooperative law of 26 jurisdictions and showcases key defining moments for cooperative enterprises, cooperative development models, cooperative‑specific good practice standards, and compares the cooperative model with the private enterprise model, giving readers a comprehensive view of the subject. The book also demonstrates that cooperatives correct the market, complement the role of the state, support local economic development, reduce income and wealth inequalities, promote social cohesion, and promote economic democracy. Students are supported with a range of pedagogical features, including case studies, tables, figures, chapter summaries, and discussion questions to encourage critical thinking.This is the ideal textbook for undergraduate and postgraduate courses on cooperative studies, and will also be an illuminating resource for students, researchers, and policymakers interested in social enterprise, business history, economic history, corporate governance, economic democracy, and community development.Participatory Budgeting (PB) is one of the most popular democratic innovations of recent times. Since its first implementation in Germany…
in 1998, a growing number of municipalities have experimented with it. Unlike in other countries, PB processes in Germany follow primarily the goal of increasing transparency, efficiency, and service-orientation as part of an effort to modernize public administration. In global comparison, the diffusion of PB in Germany has been rather slow. In this book, the author investigates the question how this specific adoption pattern occurs. For that purpose, she applies theories from Public Administration, Fiscal Federalism, Public Choice, and diffusion of innovations to explain the incentives driving politicians to adopt PB from a public finance point of view. According to empirical analysis by the author, municipalities with a relatively worse financial situation are more likely to adopt a PB process. Consequently, PB processes seem to be used as a tool to spread responsibility, gain legitimacy, and raise understanding by citizens for necessary budget cutting decisions.By Brian A. Pugh. 2020
Chaos and Compromise: The Evolution of the Mississippi Budgeting Process takes the topic of budgeting and makes it exciting, and…
not just for political junkies. Instead of focusing on numbers, this book looks at the policymakers responsible for the budget. Brian A. Pugh provides a historical perspective on the decisions and actions of legislators and governors going back more than a century. Pugh reviews how Mississippi’s budget making evolved and sifts legislation and litigation as well as those legislators and governors responsible for developing this process. Pugh explains in detail the significant actions taken by the legislative, judicial, and executive branches of government that affected Mississippi’s procedures. Significant legislation covered includes the passage of Senate Bill 356, which gave the governor the authority to prepare and submit a budget recommendation in 1918; the passage of the Administrative Reorganization Act of 1984; the passage of the Budget Reform Act of 1992; and the passage of the Financial and Operational Responses That Invigorate Future Years Act (FORTIFY) during the First Extraordinary Session of 2017. The first two chapters provide a historical perspective and give the reader an understanding of how legislation and litigation contributed. The book also covers interventions by the courts, which led to the unprecedented separation of powers case Alexander v. State of Mississippi by and Through Allain (1983). In addition to discussing important laws and legislators, Pugh takes a detailed look at six of Mississippi’s recent governors—Bill Allain, Ray Mabus, Kirk Fordice, Ronnie Musgrove, Haley Barbour, and Phil Bryant—to examine their methods for getting the legislature to include their ideas in the often anguished process of making a budget.Einkommensteuertarife sind überwiegend direkt progressiv ausgestaltet. Gleichwohl sind progressive Einkommensteuertarife nicht unumstritten. Nachdem frühe Begründungen mithilfe so genannter Opfertheorien kritisiert wurden…
und infolgedessen heute kaum akzeptiert sind, werden progressive Tarife in den Steuerwissenschaften lediglich aus der Perspektive des gesellschaftlichen Ziels der Umverteilung als begründet angesehen. In dem vorliegenden Buch wird deshalb untersucht, ob sich progressive Einkommensteuertarife aus Perspektive des Ziels Gleichmäßigkeit der Besteuerung ökonomisch begründen lassen. Dabei wird auf eine politisch-kulturelle Markttheorie zurückgegriffen.By Xiaolong Li, Chunhui Yuan, John Kent. 2024
Economics has always been a heated research topic and green development is rising and integrating with various fields for interdisciplinary…
studies. Initiated in 2017, the International Conference on Economic Management and Green Development (ICEMGD) is an annual conference aiming at bringing together researchers from the fields of economics, business management, public administration, and green development for the sharing of research methods and theoretical breakthroughs. The 7th International Conference on Economic Management and Green Development (ICEMGD 2023) was held on August 6, 2023. It was a hybrid conference including several on-site workshops and an online session. The workshops were held in London, Galaţi, Birmingham, Sydney, and Beijing. The proceedings consist of papers accepted by ICEMGD 2023, which are carefully selected and reviewed by professional reviewers from corresponding research fields and the editing committee of the conference. The papers have a diverse range of topics situated at the intersecting fields of economic management, public administration, and green development. ICEMGD is working to provide a platform for international participants from fields like macro- and microeconomics, international economics, finance, agricultural economics, health economics, business management and marketing strategies, regional development studies, social governance, and sustainable development. This proceedings volume, together with the conference, looks forward to sparking inspiration and promoting collaborations. This book will be of interest to researchers, academics, professionals, and policymakers in the fields of economic management, public administration, and development studies.By Nico Steytler. 2024
This book brings together leading scholars and practitioners from around the globe to examine the current roles of and future…
trends in local government structures and mechanisms in 16 different federal and federal-type countries. In doing so, this volume explores pressing topics such as the institutions of local government, constitutional recognition, financial management, intergovernmental relations, political culture, and the impact of the COVID-19 pandemic on the role of local government in federal systems. Contributors to this volume provide a timely and comprehensive account of the integral role local governments play in federal countries and offer fascinating perspectives on how these roles may change as individual federal systems evolve. These individual analyses are contextualized in a comparative perspective in order to gain a holistic understanding of the challenges and opportunities of various local government dynamics in different regions around the world.This is an open access book.By Mehmet Bulut, Bora Altay, Cem Korkut. 2024
The edited collection offers a comprehensive and intricate exploration of Ottoman cash waqfs, extending its scope from the early modern…
era to the onset of the twentieth century. It delves into the historical evolution of these private Islamic financial institutions, shedding light on their enduring influence and drawing insightful parallels with both contemporary Middle Eastern and European financial systems. Leveraging newly uncovered data spanning various regions of the Ottoman Empire, this work scrutinizes the dynamic functions of waqfs, revealing their significant imprint on today's financial paradigms. It advances existing scholarship by employing quantitative methodologies and systematic analysis of these emergent datasets, facilitating a sophisticated, longitudinal study of cash waqfs within the broader spectrum of historical interest rate trends and global credit markets. The chapters trace the transformation of waqfs from entities primarily holding immovable assets to those managing movable assets (cash waqfs), delineating their role in generating revenue for diverse purposes. These encompass funding state debts, fostering infrastructure development, and extending microcredit to economically marginalized segments of society. Additionally, the book explores the challenges and failures encountered in the transition of financial institutions during the Ottoman era, particularly in the context of the emergence of large public banks. The concluding segment of the book offers a comparative analysis of financial systems across various countries, including the shift from private to public banking in Italy, and contemplates the potential applicability of waqf models in contemporary microcredit initiatives and sustainable development strategies. This volume will appeal to scholars of financial history, economic history, Ottoman studies, and Islamic finance.By Scott Green, Temple Kinyon. 2024
Discover the non-traditional leadership techniques that took the University of Idaho from insolvency to international renown In University President’s Crisis…
Handbook, the President of the University of Idaho, C. Scott Green, and author Temple Kinyon deliver a one-of-a-kind perspective on managing universities through periods of intense turmoil and difficulty. The book offers in-depth managerial insights into the three strategic pillars and industry expert guidance that helped Green shepherd the University of Idaho through years of deep deficits and the COVID-19 pandemic. You’ll find comprehensive discussions of how the university achieved financial solvency, soaring enrollments, record research awards, and record fundraising amid extraordinary challenges. You’ll also discover: Explorations of the strategic touchstones leading to U of I’s transformation: student success, pursuit of R1 Carnegie research classification leading to soaring grant awards, and narrative control How the university and its community supported itself in the face of a tragic and outrageous crime against 4 of its students The strategies used by the university and its faculty to safely reopen the school after lengthy closures in the middle of the COVID-19 pandemic Perfect for university administrators, University President’s Crisis Handbook will also prove invaluable to academics with leadership responsibilities and managers, executives, board members and other leaders in the public and private sectors.By Saleha Mohsin. 2024
"Incisive debut treatise... Mohsin brings to the proceedings a reporter's eye for story" — Publisher's WeeklyFrom Bloomberg News reporter Saleha Mohsin,…
the untold story of how one of America&’s most invincible institutions—the Treasury—has used the U.S. dollar to define America&’s role in the world, and our economic future.In 1995, Treasury Secretary Robert Rubin re-defined the next thirty years of currency policy with the mantra, &“A strong dollar is in America&’s interest.&” That mantra held, ushering in exceptional prosperity and cheap foreign goods, but the strong dollar policy also played a role in the devastating hollowing out of America&’s manufacturing sector. Meanwhile, abroad, the United States increasingly turned to the dollar as a weapon of war. In Paper Soldiers, Saleha Mohsin reveals how the Treasury Department has shaped U.S. policy at home and overseas by wielding the American dollar as a weapon—and what that means in a new age of crisis.For decades, America has preferred its currency superpower-strong, the basis of a "strong dollar" policy that attracted foreign investors and pleased consumers. Drawing on Mohsin's unparalleled access to current and former Treasury officials like Robert Rubin, Steven Mnuchin, and Janet Yellen, Paper Soldiers traces that policy's intended and unintended consequences, including the rise of populist sentiment and trade war with China—culminating in an unprecedented attack on the dollar&’s pristine status during the Trump presidency—and connects the dollar's weaponization from 9/11 to the deployment of crippling financial sanctions against Russia. Ultimately, Mohsin argues that, untethered from many of the economic assumptions of the last generation, the power and influence of the American dollar is now at stake.With first-hand reporting and fresh analysis that illustrates the vast, often unappreciated power that the Treasury Department wields at home and abroad, Paper Soldiers tells the inside story of how we really got here—and the future not only of the almighty dollar, but the nation&’s teetering role as a democratic superpower.By Md Nazim Uddin. 2024
This book identifies the effect of governance structure components on outreach and sustainability of microfinance institutions (MFIs) in Bangladesh. It…
is designed to study and understand these structures with reference to the changing forms and functions of MFI administration, in theory and practice, with experiences from selected countries. It helps readers understand corporate governance across the globe with recent developments in this sector. It provides evidence from Bangladesh on what aspects need to be strengthened and identifies the importance of considering differences in institutional values, culture, and environment while pointing to the risk of applying normative assertions of governance structure. The book suggests that a regulatory and supervisory framework should be introduced in Bangladesh to enhance the governance structure of MFIs. It advocates that the sector requires a robust regulatory environment to improve its governance and administrative frameworks and expand the microfinance sector's outreach and sustainability opportunities. It will benefit researchers and students of economics, corporate governance, accountability, transparency, finance, business administration, microfinance institutions, and applied fields, as well as microfinance practitioners, administrators, and policymakers.By Epameinondas Katsikas, Francesca Manes Rossi, Rebecca L. Orelli. 2017
This book focuses on the accounting change processes that drive integrated reporting in the public sector. The Integrated Report is…
a tool that allows public sector entities to quantify and convey those aspects of their organization, strategy, governance and performance that lead to the creation of public value over time. To be successfully introduced, integrated reporting must follow a specific path of accounting change. The context in which public sector entities operate, and the unique relationship between the public sector and the environment, redefine the accounting process of change to deliver an integrated report. The authors provide a fresh look at integrated reporting on the basis of the accounting change processes that drive it, helping academics and practitioners to gain a deeper understanding of the challenges and benefits in terms of public value creation.By Frank D. Tinari. 2016
This edited collection addresses the major issues encountered in the calculation of economic damages to individuals in civil litigation. In…
federal and state courts in the United States, as well as in other nations, when one party sues another, the suing party is required not only to prove that the harm was, indeed, caused by the other party, but also to claim and demonstrate that a specified dollar value represents just compensation for the harm. Forensic economists are often called upon to evaluate, measure, and opine on the degree of economic loss that is alleged to have occurred. Aimed at both practitioners and theorists, the original articles and essays in the edited collection are written by nationally recognized and widely published forensic experts. Its strength is in showcasing theories, methods, and measurements as they differ in a variety of cases, and in its review of the forensic economics literature developed over the past thirty years. Readers will find informative discussions of topics such as establishing earnings capacity for both adults and infants, worklife probability, personal consumption deductions, taxation as treated in federal and state courts, valuing fringe benefits, discounting theory and practice, the effects of the Affordable Care Act, the valuation of personal services, wrongful discharge, hedonics, effective communication by the expert witness, and ethical issues. The volume also covers surveys of the views of practicing forensic economists, the connection between law and forensic economics, alternatives to litigation in the form of VCF-like schedules, and key differences among nations in measuring economic damages.By Joseph Huber. 2017
In coming to terms with the still smoldering financial crisis, little attention has been paid to the flaws within our…
monetary system and how these flaws lie at the root of the crisis.This book provides an introduction and critical assessment of the current monetary system. It begins with an up to date account of the workings of today’s system of state-backed ‘bankmoney’, illustrating the various forms and issuers of money, and discussing money theory and fallacy past and present. It also looks at related economic challenges such as inflation and deflation, asset inflation and bubble building that lead to market instability and examines the ineffectual monetary policies and primary credit markets that are failing to reach some sort of self-limiting equilibrium.In order to fix our financial system, we first need to understand its limitations and the flaws in current monetary and regulatory policy and then correct them. The concluding part of this book is dedicated to the latter, advocating a move towards the sovereign monetary prerogatives of issuing the entire stock of official money and benefitting from the gain thereof (seigniorage). The author argues that these functions should be made the sole responsibility of independent and impartial central banks with full control over the stock of money (not the uses of money) on the basis of a legal mandate that would be more detailed than is the case today. This includes a thorough separation of monetary and fiscal powers, and of both from banking and wider financing functions.This book provides a welcome addition to the banking literature, guiding readers through the inner workings of our monetary and regulatory environments and proposing a new way forward that will better protect our economy from financial instability and crisis.This book is a critical analysis of the impact of the financial system on the economy, society and the natural…
environment. It cuts through the noise to looks at its purpose, its activities, and what it does in practice.Unlike other books that cover the last financial crisis and the risk of another one; this book is about the consequence of the financial system continuing in its current form. It argues that the financial system is a construct of flawed economic theories, designed in the hope that the market will efficiently allocate society’s capital. Instead, the finance sector allocates savings and investment to maximize its own revenues, with resulting collateral damage to the economy, society and the environment.Although governments try to preserve and regulate the existing system, it is being replaced by a new system driven by technological innovation. The book describes the opportunities this presents for a renaissance of the financial system to actually meet the needs of society, and to re-engineer our economy to avoid environmental crisis.The book is for anyone who would like to understand the finance system’s purpose, what it does in practice and its impact on the real world. For those working in the industry it provides an overview of the system, their place within it, and how to bring about change. For students and academics it provides a valuable critique of the financial system, and the theories on which it is based. For financial policymakers and regulators it identifies key challenges in their activities.By Dominique De Rambures, Felipe Escobar Duenas. 2017
This book examines the volatile landscape of the Chinese economy and the barriers to its continuing development. The author argues…
that underlying inefficiencies in China’s financial system currently prevent the further growth of its institutions and inhibit reform of monetary and fiscal policy. Rambures shows that, despite efforts to avoid a “middle income trap”, such long-overdue structural reforms are still faced with strong resistance from both economic and political circles. Chapters discuss approaches in tackling the Chinese national debt, the recent stock exchange collapse and subsequent currency devaluation, declining trade surplus, the wariness of foreign investors and its negative impact on foreign exchange reserves, and the heavy burden of state-owned “zombie companies”. The discussion positions current economic events within the context of China’s transition from a foreign trade and investment-led economy to one that is propelled by domestic consumption, service industries and innovation. Crucially, Rambures also addresses financial trends with reference to pervasive long-term influencing factors such as an ageing population, increasing inequality, corruption, pollution and migration.By Jean-Michel Josselin, Benoît Le Maux. 2017
This book provides a self-contained presentation of the statistical tools required for evaluating public programs, as advocated by many governments,…
the World Bank, the European Union, and the Organization for Economic Cooperation and Development. After introducing the methodological framework of program evaluation, the first chapters are devoted to the collection, elementary description and multivariate analysis of data as well as the estimation of welfare changes. The book then successively presents the tools of ex-ante methods (financial analysis, budget planning, cost-benefit, cost-effectiveness and multi-criteria evaluation) and ex-post methods (benchmarking, experimental and quasi-experimental evaluation). The step-by-step approach and the systematic use of numerical illustrations equip readers to handle the statistics of program evaluation. It not only offers practitioners from public administrations, consultancy firms and nongovernmental organizations the basic tools and advanced techniques used in program assessment, it is also suitable for executive management training, upper undergraduate and graduate courses, as well as for self-study.By Steffen Elkiær Andersen. 2016
This book explores the formation and evolution of Scandinavian central banks. It begins by defining the nature of “central banking” in…
general, before moving on to investigate how and when it became meaningful to regard today’s Scandinavian central banks as such. It also explores how Scandinavian central banks have conformed to the defined ideals of “central banks” over the last 100 years, clarifying the distinctions between commercial banks and central banks, and between central banks and departments of governments. The author shows how the outbreak of the Great War was the catalyst which fundamentally transformed the originally purely commercial banks into “central banks”. The book also analyses how different the three Scandinavian central banks are, how these differences can be explained by the different political and economic circumstances surrounding their original formation, and the differences in the political environments in which they later developed.By Oleg V. Ivanov, Agnessa O. Inshakova. 2020
This volume presents the history and current state of the public-private partnership (PPP) sector in Russia. It analyzes the legal…
and institutional framework of PPPs as well as approaches and best practices for public administrations at federal and regional level to promote PPPs. Special attention is given to the management of PPP projects in different phases of their life cycle and to the legal and financial structuring of PPP projects. In addition, the contributions highlight best PPP practices in various sectors - from transport infrastructure to information technology - and also discuss international aspects of PPP. The volume is aimed at scholars in economics and public administration as well as public decision-makers interested in modern trends in the Russian economy and the development of successful business development.By David L. Blaney. 2024
Political Economy as Theodicy: Progress, Suffering and Denial proposes that political economics operates within a theological symbolic order that dictates…
modern sociopolitical and economic life as a whole.This book revisits the work of key figures in the history of political economy and economic thought – primarily Adam Smith, Bernard Mandeville, David Hume, Thomas Malthus, W. Stanley Jevons, Alfred Marshall and John Bates Clark. Theodicy is a constitutive element of an international political economy (IPE) that often disavows moral evil, while it conversely redefines such evil as an actual good within economic life. Beginning with the Enlightenment thinkers and continuing through to the modern neoclasscial economists, this book traces the initial emergence of a natural theological basis for political economic thinking and concludes with a discussion of its application in modern IPE. Relying upon a postcolonial framework, the author seeks to provincialize economics, creating space for alternative modes of being and doing.This book will appeal to scholars and advanced students of IPE, political theology, international relations and postcolonial studies.