Turbulence In Economics

Author : Clair Brown,John Haltiwanger,Julia Lane
Publisher : University of Chicago Press
Page : 212 pages
File Size : 54,7 Mb
Release : 2008-09-15
Category : Business & Economics
ISBN : 9780226076348

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Economic Turbulence by Clair Brown,John Haltiwanger,Julia Lane Pdf

Every day, in every sector of our economy, a business shuts down while another starts up, jobs are created while others are cut, and workers are hired while others are laid off. This constant flux, or turbulence, is a defining characteristic of our free market system, yet it mostly inspires angst about unemployment, loss of earnings, and the overall competitiveness of corporations. But is this endless cycle of fluctuation really so bad for America? Might something positive be going on in the economy as a result of it? In this penetrating work, three esteemed economists seek to answer these questions by exploring the real impact of volatility on American workers and businesses alike. According to the authors, while any number of events--shifts in consumer demand, changes in technology, mergers and acquisitions, or increased competition--can contribute to economic turbulence, our economy as a whole is, by and large, stronger for it, because these processes of creation and destruction make it more flexible and adaptable. The authors also acknowledge and document the adverse consequences of this turbulence on different groups of workers and firms and discuss the resulting policy challenges. Basing their argument on an up-close look into the dealings and practices of five key industries—financial services, retail food services, trucking, semiconductors, and software—the authors demonstrate the positive effects of turbulence on career paths, employee earnings, and firm performance. The first substantial attempt to disentangle and make clear the complexities of this phenomenon in the United States, Economic Turbulence will be viewed as a major achievement and the centerpiece of any discussion on the subject for years to come.

Author : Francisco Louçã
Publisher : Edward Elgar Publishing
Page : 406 pages
File Size : 49,8 Mb
Release : 1997-01-01
Category : Business & Economics
ISBN : 1782543678

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Turbulence in Economics by Francisco Louçã Pdf

'It is difficult to summarize in a short space the extreme richness of this book, which involves arguments taken from physics, philosophy, history of science and epistemology, as well as economic thought and recent developments in econometrics. . . . Louçã's book makes for extremely interesting and useful reading: it provides a solid criticism of the foundations of neoclassical theory and constitutes the unavoidable starting point for any theoretical construction aiming to understand real societies. . . . The vast erudition of the author - who moves easily in many fields of the social and natural sciences - makes the book a mine of information and a valuable source of new ideas.' - Angelo Reati, Review of Political Economy 'This book will be a landmark in the history of economic thought. It is an extremely powerful and original critique of mainstream econometrics, based on a thorough knowledge of its historical origins and its contemporary applications. It will be essential reading for everyone involved in teaching or learning economic theory and model-building. The book also provides new insights into the work of Frisch, Keynes and Schumpeter . . . it is also a very important contribution to philosophy in the social sciences and in particular, to the development of evolutionary theory in economics. The rapid recent growth of interest in evolutionary theory means that the book will be of special interest to those concerned with these exciting new developments.' - Christopher Freeman, SPRU - Science and Technology Policy Research, University of Sussex, UK and Maastricht University, The Netherlands

Author : Robert Brenner
Publisher : Verso
Page : 412 pages
File Size : 41,7 Mb
Release : 2006-08-17
Category : Business & Economics
ISBN : 1859847307

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The Economics of Global Turbulence by Robert Brenner Pdf

A commanding survey of the world economy from 1950 to the present, from the author of the acclaimed The Boom and the Bubble.

Author : Hazel Gray
Publisher : Oxford University Press
Page : 272 pages
File Size : 50,6 Mb
Release : 2018-02-08
Category : Business & Economics
ISBN : 9780192548016

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Turbulence and Order in Economic Development by Hazel Gray Pdf

The terms of debate on the role of institutions in economic development are changing. Stable market institutions, in particular, secure private property rights and democratically accountable governments that uphold the rule of law, are widely seen to be a pre-requisite for economic transformation in low income countries, yet over the last thirty years, economic growth and structural transformation has surged forward in a range of countries where market and state institutions have differed these ideals, as well as from each other. Turbulence and Order in Economic Development studies the role of the state in two such countries, examining the interplay between market liberalization, institutions, and the distribution of power in Tanzania and Vietnam. Tanzania and Vietnam were two of the poorest countries in the world in the early 1980s but over the last thirty years, both have experienced significant changes in the pace and character of economic development. While both countries experienced faster rates of GDP growth, their paths of economic transformation were very different as Vietnam experienced rapid poverty reduction associated with the expansion of manufacturing while Tanzania's path of industrialization was characterized by the rise of mining and a much slower pace of poverty reduction. Employing a political settlements approach, this book considers the comparative role of the state in driving economic transformation. In both countries, the experiences of socialism continued to shape the role of the state in the economy even after extensive market liberalization, however, the distribution of political and economic power was very different. This had important consequences for the overlapping role of the state in generating political order and in driving economic transformation. Turbulence and Order in Economic Development studies the formal and informal ways that the state influenced economic transformation through its role in public financial management, land and industrial policy.

Author : Alan Greenspan
Publisher : Penguin
Page : 612 pages
File Size : 51,9 Mb
Release : 2008-09-09
Category : Biography & Autobiography
ISBN : 0143114166

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The Age of Turbulence by Alan Greenspan Pdf

From the bestselling author of The Map and the Territory and Capitalism in America The Age Of Turbulence is Alan Greenspan’s incomparable reckoning with the contemporary financial world, channeled through his own experiences working in the command room of the global economy longer and with greater effect than any other single living figure. Following the arc of his remarkable life’s journey through his more than eighteen-year tenure as chairman of the Federal Reserve Board to the present, in the second half of The Age of Turbulence Dr. Greenspan embarks on a magnificent tour d’horizon of the global economy. The distillation of a life’s worth of wisdom and insight into an elegant expression of a coherent worldview, The Age of Turbulence will stand as Alan Greenspan’s personal and intellectual legacy.

Author : Anonim
Publisher : Unknown
Page : 264 pages
File Size : 52,5 Mb
Release : 1998
Category : Electronic
ISBN : OCLC:919668617

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The Economics of Global Turbulence by Anonim Pdf

Author : Peter Schwartz
Publisher : Penguin
Page : 272 pages
File Size : 46,9 Mb
Release : 2004-05-24
Category : Business & Economics
ISBN : 1592400698

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Inevitable Surprises by Peter Schwartz Pdf

The world we live in today is more volatile than ever. The security of free nations is threatened by rogue states, the global economy is in flux, and the rapid advance of technology forces constant reevaluation of our society. With so many powerful forces at work and seemingly unpredictable events occurring, to many the future seems dark, and its possibilities frightening. Peter Schwartz disagrees. A world-renowned visionary in the field of scenario planning, Schwartz’s startling—and accurate— predictions have been employed by government agencies and major corporations for more than twenty-five years. He argues that the future is foreseeable, and that by examining the dynamics at work today we can predict the “inevitable surprises” of tomorrow. Timely and thought-provoking, Inevitable Surprises is a book that no one with an interest in business—or the future of our society—can afford to miss.

Author : Tao Zhang
Publisher : BoD – Books on Demand
Page : 130 pages
File Size : 47,5 Mb
Release : 2021-02-10
Category : Business & Economics
ISBN : 9781838801663

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Circular Economy by Tao Zhang Pdf

Nowadays, the restriction of resources and the environment is very severe. A circular economy is the only way to sustainable development, but how this works still needs more exploration. The series of studies carried out by the author are described in detail in this book.

Author : David McNally
Publisher : PM Press
Page : 289 pages
File Size : 48,6 Mb
Release : 2010-12-09
Category : Business & Economics
ISBN : 9781604860658

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Global Slump by David McNally Pdf

Global Slump analyzes the global financial meltdown as the first systemic crisis of the neoliberal stage of capitalism. It argues that—far from having ended—the crisis has ushered in a whole period of worldwide economic and political turbulence. In developing an account of the crisis as rooted in fundamental features of capitalism, Global Slump challenges the view that its source lies in financial deregulation. The book locates the recent meltdown in the intense economic restructuring that marked the recessions of the mid-1970s and early 1980s. Through this lens, it highlights the emergence of new patterns of world inequality and new centers of accumulation, particularly in East Asia, and the profound economic instabilities these produced. Global Slump offers an original account of the “financialization” of the world economy during this period, and explores the intricate connections between international financial markets and new forms of debt and dispossession, particularly in the Global South. Analyzing the massive intervention of the world’s central banks to stave off another Great Depression, Global Slump shows that, while averting a complete meltdown, this intervention also laid the basis for recurring crises for poor and working class people: job loss, increased poverty and inequality, and deep cuts to social programs. The book takes a global view of these processes, exposing the damage inflicted on countries in the Global South, as well as the intensification of racism and attacks on migrant workers. At the same time, Global Slump also traces new patterns of social and political resistance—from housing activism and education struggles, to mass strikes and protests in Martinique, Guadeloupe, France and Puerto Rico—as indicators of the potential for building anti-capitalist opposition to the damage that neoliberal capitalism is inflicting on the lives of millions.

Author : Jeffrey McKelvey Ayres,Laura Macdonald
Publisher : University of Toronto Press
Page : 425 pages
File Size : 54,9 Mb
Release : 2012-01-01
Category : Political Science
ISBN : 9781442611146

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North America in Question by Jeffrey McKelvey Ayres,Laura Macdonald Pdf

Can North America survive as a region in light of the political turbulence provoked by the global economic crisis? Or have regional integration and collaboration reached a plateau beyond which disintegration is likely? In North America in Question, leading analysts from Canada, the United States, and Mexico provide theoretically innovative and rich empirical reflections on current challenges sweeping the continent and on the faltering political support for North American regionalism. This collection begins by reviewing the recent trajectories and events that have undermined North America's trilateral relationship, then addresses concerns that go beyond NAFTA and economic issues, including labour, immigration, energy, the environment, quality of citizenship, borders, women's and civil society struggles, and democratic deficits. Although demonstrating that many informal dimensions of North American integration continue to flourish, the contributors assess whether the future will hold greater economic instability, security crises, and emerging bilateral relationships.

Author : Ralph C. Bryant
Publisher : Brookings Institution Press
Page : 532 pages
File Size : 52,6 Mb
Release : 2003
Category : Business & Economics
ISBN : 0815700725

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Turbulent Waters by Ralph C. Bryant Pdf

The world economy at the end of the twentieth century was afflicted with financial turbulence. Millions of people in emerging-market nations endured severe recessions, and many residents of wealthy nations also experienced losses. Some scholars describe this instability as a consequence of a progressively integrated global economy. Writing for the Washington Post, Jessica Matthews describe an "enormous, several trillion-dollar pool of money that sloshes around in what is effectively a supranational cyberspace, moving by computer in and out of off-shore banks and chasing profits in twenty-four hour markets."Spanning the disciplines of economics, finance, political economy and international relations, this wide-ranging, analytical review is a mainstream "primer" for defining the issues and catalyzing a fruitful public debate. It is grounded in an exposition of the analytic fundamentals of financial activity, how those fundamentals apply to an integrating (but still far from perfectly integrated) world economy and financial system, and how the institutions of collective governance need to be adapted to that evolving world. In addition to its analytical overview, Turbulent Waters offers practical recommendations for the major financial challenges that policymakers will face during the first decades of the twenty-first century.

Author : David B. Audretsch,Erik Lehmann
Publisher : Oxford University Press
Page : 245 pages
File Size : 49,8 Mb
Release : 2016
Category : Business & Economics
ISBN : 9780190258696

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The Seven Secrets of Germany by David B. Audretsch,Erik Lehmann Pdf

Europe and much of the developed world have been bogged down by stagnant economic growth and alarmingly high rates of unemployment. But not Germany. This book reveals seven key aspects of the German economy and society that have provided considerable buoyance in an era of global turbulence.

Author : Edward S. Greenberg,Leon Grunberg,Sarah Moore,Patricia B. Sikora
Publisher : Yale University Press
Page : 309 pages
File Size : 44,5 Mb
Release : 2010-10-12
Category : Business & Economics
ISBN : 9780300154627

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Turbulence by Edward S. Greenberg,Leon Grunberg,Sarah Moore,Patricia B. Sikora Pdf

This timely book investigates the experiences of employees at all levels of Boeing Commercial Airplanes (BCA) during a ten-year period of dramatic organizational change. As Boeing transformed itself, workers and managers contended with repeated downsizing, shifting corporate culture, new roles for women, outsourcing, mergers, lean production, and rampant technological change. Drawing on a unique blend of quantitative and qualitative research, the authors consider how management strategies affected the well-being of Boeing employees, as well as their attitudes toward their jobs and their company. Boeing employees’ experience holds vital lessons for other employees, the leaders of other firms determined to thrive in today’s era of inescapable and growing global competition, as well as public officials concerned about the well-being of American workers and companies.

Author : Peter B. Doeringer,Kathleen Christensen,Patricia M. Flynn,Douglas T. Hall,Harry C. Katz,Jeffrey H. Keefe,Christopher J. Ruhm,Andrew M. Sum,Michael Useem
Publisher : Oxford University Press
Page : 273 pages
File Size : 46,5 Mb
Release : 1991-01-31
Category : Business & Economics
ISBN : 9780195362381

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Turbulence in the American Workplace by Peter B. Doeringer,Kathleen Christensen,Patricia M. Flynn,Douglas T. Hall,Harry C. Katz,Jeffrey H. Keefe,Christopher J. Ruhm,Andrew M. Sum,Michael Useem Pdf

Turbulence--rapid and sometimes tumultuous changes--has characterized the labor markets of the 1970's and 1980's. Turbulent competitive conditions have cut sharply into profits and have forced downsizings and radical readjustments in America's workplaces. Workplace turbulence has resulted in lost jobs, declining incomes, and falling productivity for American labor. From the perspectives of business and labor, turbulence and its consequences is the key human resources issue for the last part of the twentieth century. In Turbulence in the American Workplace, a distinguished group of experts forcefully and convincingly argue that the human resources capacity of the private sector is the first line of defense against turbulence and is of equal importance to public sector education and training programs. The authors--including Kathleen Christensen, Patricia M. Flynn, Douglas T. Hall, Harry C. Katz, Jeffrey H. Keefe, Christopher J. Ruhm, Andrew M. Sum, and Michael Useem--effectively demonstrate how global competition, deregulation, and technological change are creating hard choices for employers that will alter both the living standards of workers and the performance of American industry in the coming decades. This illuminating work will be of significant value to business school faculty, corporate strategic planners, and general managers, as well as students and professionals interested in the areas of public policy, industrial relations, education, and labor studies.

Author : Donald W. Katzner
Publisher : Oxford University Press, USA
Page : 216 pages
File Size : 52,5 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780199765355

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At the Edge of Camelot by Donald W. Katzner Pdf

Donald Katzner tells the story of an academic department that underwent rapid, wrenching changes from the late 1960s through the 1970s. The story told covers the particulars of the background for these events relating to the University of Massachusetts, the political activism of the period, and the state of the economics profession.