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3092 results in Agenda Publishing

Page 17 of 155

Austerity
  • When Is It a Mistake and When Is It Necessary?
  • John Fender
  • Published by:
    Agenda Publishing
    Published online:
    28 December 2023
    Print publication:
    10 September 2020
  • Austerity has dominated economic debate since the financial crisis of 2008. Governments have implemented austerity policies by reducing their spending on goods and services, increasing taxation and cutting welfare budgets. John Fender explains how austerity (or 'fiscal consolidation') works in theory and how it has played out in practice especially in the UK and the eurozone. He provides a clear and rigorous guide to the principles and mechanisms of austerity economics and offers a balanced account of the economic thinking behind contentious policy decisions.

    Boris Johnson has said that the UK government 'has absolutely no intention of returning to the 'A-word'', but with the Covid-19 crisis likely to result in much more government debt, it will be difficult to avoid more austerity. Understanding the impact of austerity policies is more important than ever and this book offers a first step on that path. For anyone seeking answers to such questions as: 'What can we learn from the UK's economic history that is relevant to current policy?', 'Is austerity ever necessary or desirable?' and 'Can the harmful effects of austerity programmes be mitigated?' then this book will be welcome reading.

Market/Place
  • Exploring Spaces of Exchange
  • Edited by Christian Berndt, Jamie Peck, Norma M. Rantisi
  • Published by:
    Agenda Publishing
    Published online:
    23 December 2023
    Print publication:
    26 March 2020
  • The term 'market' originally portrayed a public space for economic transactions but the term has since evolved into an abstract and disputed idea. Despite modern markets seemingly omnipresent nature, their specific geographies have undergone relatively little analysis.

    This collection of new essays rediscovers the physical space that markets inhabit and explore how the impact of political, social and economic factors determine the shape of a particular market space. The essays present new research from the fields of geography, economics, political economy and planning and provide valuable case study material to show how markets are contested, constructed and placed. Rather than separate markets from the surrounding society and state, these essays connect markets to their wider context and showcase how economic geography can combine with other disciplines to throw new light on spaces of exchange.

Pandemonium
  • Saving Europe
  • Luuk van Middelaar
  • Published by:
    Agenda Publishing
    Published online:
    23 December 2023
    Print publication:
    28 October 2021
  • Over the past decade the European Union has faced threats to its currency, borders and unity. Covid-19, which began its inexorable spread across Europe in February 2020, is the latest crisis to test the Union's resilience.

    Luuk van Middelaar's compelling analysis of the EU's response to the pandemic details how events and decisions unfolded, how crisis solutions were improvised in a situation of deep uncertainty, and the lessons it must learn if it is to continue to protect its citizens.

    As member states shut their borders and scrambled for supplies, the European Union at first appeared irrelevant. But once shaken from its torpor by a public cry for help, the EU has coordinated a formidable response to the chaos, including an unprecedented level of financial assistance. This reaction, argues van Middelaar, demonstrates the Union's enduring strength and how it has learnt to deal with real world events. Indeed, the EU's response to the pandemic reveals how far it has come on its journey from regulatory body to geopolitical actor. The pandemic highlighted that Europe's next challenge will most likely come from its uneasy position between a strategically assertive China and a more self-centred United States. Facing this will require a greater political will than that mustered in the health emergency. To become a true power among powers, Van Middelaar contends, Europe must give firmer political shape to its own historical and cultural identity.

European Studies
  • Past, Present and Future
  • Edited by Erik Jones
  • Published by:
    Agenda Publishing
    Published online:
    22 December 2023
    Print publication:
    30 April 2020
  • In 1969 a small group of US scholars began discussing the possibility of starting a consortium of Western European Studies programmes. Europe was increasingly becoming an object of study and it was felt that greater coordination of the intellectual effort would help avoid duplication and further the acceleration of research. So began the Council for European Studies.

    In commemoration of the founding of the Council fifty years ago, this volume brings together some of the most influential Europeanists writing today to take stock of the subject and to consider the most fruitful avenues for future research. With European democracy seemingly under threat from populism on the left and the right, the economies of countries still struggling to emerge from a decade of recession and stagnating growth, environmental concerns paramount and the quest for social cohesion a distant goal, the contributors to this volume bring their insight to bear on the fertile ground that the EU and the continent more broadly offer researchers.

    The contributors - drawn from 52 institutions across the globe - present a wide range of perspectives on Europe's past and present, and the key challenges facing its future, such as immigration, multiculturalism, nationalism and integration. Although it remains to be seen whether Europeans will continue to promote the dream of union or whether they will retreat back into their nation states, these essays offer valuable insights into how Europe might respond and the changing nature of what it means to be a European.

The Return of the State
  • Restructuring Britain for the Common Good
  • Edited by Patrick Allen, Suzanne J. Konzelmann, Jan Toporowski
  • Published by:
    Agenda Publishing
    Published online:
    22 December 2023
    Print publication:
    29 April 2021
  • Pushed by the Covid-19 crisis, the UK government has borrowed massively to save jobs, businesses and the economy from collapse, making a mockery of the austerity policies that it had championed for a decade. As a result, the role of the state is now in sharp focus. The contributors to this volume assess what that role should be and how it should be harnessed for the good of the British people in all four of its nations. Together they present policy proposals capable of generating a new social settlement and a long-term, equitable economic recovery post-pandemic. It offers both a vision of a future Britain and a roadmap to getting there.

The Economics of Music
  • 2nd edition
  • Peter Tschmuck
  • Published by:
    Agenda Publishing
    Published online:
    22 December 2023
    Print publication:
    08 July 2021
  • The music industry is one of the most dynamic and fascinating business sectors. Its business model has had to evolve and adapt to continually changing technologies that impact at every level from distribution to artist management. Its latest challenge has been the closure of live music venues during the Covid-19 pandemic.

    The second edition of this much used introduction to the economic workings of the music business has been updated to include analysis of the impact of the pandemic as well as new trends in the industry, such as the increasing dominance of tech companies and big data and the growing importance of collective management organizations as market players, which has impacted on new business contracts. At a time when live performance outstrips music sales as the primary source of income for today's musicians, this new edition also examines how different stakeholder positions have shifted.

    The book remains a rigorous presentation of the industry's business model, the core sectors of publishing, recording and live music, and the complex myriad of licensing and copyright arrangements that underpin the industry. The revenue streams of recording companies are analysed alongside the income stream of artists to show how changing formats and distribution platforms impact both industry profit margins and artists' earnings.

Social Preferences
  • An Introduction to Behavioural Economics and Experimental Research
  • Michalis Drouvelis
  • Published by:
    Agenda Publishing
    Published online:
    22 December 2023
    Print publication:
    30 September 2021
  • This introduction to one of the key areas of behavioural economics Social Preferences explains in clear, nontechnical language how particular groups of experiments have been used by behavioural economists to shed light on the processes of economic decision making. These include bargaining games, trust games and public good games. The significance of determinants such as punishment, sanctioning, emotion, cooperation, reciprocity, leadership, framing and cross-cultural differences are demonstrated and explained, and students are provided with the understanding and resources needed to replicate the experiments themselves.

Regulating Banks
  • The Politics of Instability
  • Andrew Whitworth
  • Published by:
    Agenda Publishing
    Published online:
    22 December 2023
    Print publication:
    10 December 2021
  • Banks have been at the heart of economic activity for centuries, but since the 2008 financial crisis scrutiny of their activities and regulation of their actions has become the focus of fervent academic, policy and political activity. This focus takes for granted the existence and nature of banks.

    In Regulating Banks, Andrew Whitworth looks one stage deeper to question what a bank really is, and what the implications of that are. He argues that the institutional form of a bank represents the political compromise of a specific time and place - and can therefore change. This has implications for financial stability. Far from creating stability, he argues, the regulatory impulse of policy-makers inevitably leads to greater financial instability.

    Whitworth examines the postwar period of UK banking to show how regulation influences the nature of banks as much as their behaviour. Regulation, by changing the nature of what is regulated, encourages banks and other actors over time to alter their behaviour, which leads to future boom and bust cycles. These cycles then require further regulation to rein in the disruption their new pattern of behaviour inevitably instigates.

    Regulating Banks reveals the cyclical nature of banking regulation, the inherent mismatch between political impulses and market reactions, and the price banks, banking and society pay for such instability.

Cryptocurrencies
  • Money, Trust and Regulation
  • 2nd edition
  • Oonagh McDonald
  • Published by:
    Agenda Publishing
    Published online:
    22 December 2023
    Print publication:
    28 March 2023
  • The advent of new digital currencies has challenged our notions about money, its function and purpose, and our faith in the financial and banking structures that underpin its legitimacy. Oonagh McDonald charts the spectacular rise of cryptocurrencies over the past decade and considers the opportunities and threats that cryptocurrencies pose to existing fiat currencies. This revised edition includes a new chapter dealing with the high-profile bankruptcies of the recent 'crypto winter'.

    The book considers how regulatory bodies have been slow to respond to a technology that is evading existing regulatory frameworks. Urgent and more robust protection is needed from fraudulent initial coin offerings, scams and hacks. Throughout her analysis, McDonald shows that trust is fundamental to the operation of finance and that this will ultimately protect commercial bank money from the threat of new digital currencies. The book offers readers an insightful appraisal of the future of money and the challenges facing regulatory bodies.

In Defence of Philanthropy
  • Beth Breeze
  • Published by:
    Agenda Publishing
    Published online:
    22 December 2023
    Print publication:
    30 September 2021
  • Running down 'do-gooders' has become a popular pastime in recent years. Journalists and academics alike have lampooned and criticized philanthropists and big donors for their charitable activities, which are often characterized as a means of self-aggrandisement or tax evasion.

    Yet, it is widely acknowledged that philanthropy - from the establishment of Carnegie libraries in the nineteenth century to the recent global health interventions of the Gates Foundation - has played a critical role in both developed and developing societies.

    In an impassioned defence of the role of philanthropy in society, Beth Breeze tackles the main critiques levelled at philanthropy and questions the rationale for undermining and disparaging philanthropic acts. She contends that although it might be flawed, philanthropy is a sector that ought to be celebrated and championed so that an abundance of causes and interests can flourish.

Elinor Ostrom and the Bloomington School
  • Building a New Approach to Policy and the Social Sciences
  • Edited by Jayme Lemke, Vlad Tarko
  • Published by:
    Agenda Publishing
    Published online:
    21 December 2023
    Print publication:
    27 May 2021
  • Elinor Ostrom was the first woman to win the Nobel Prize in economics and her achievement has generated renewed interest in the Bloomington School research program in institutional economics and political economy.

    These new essays showcase Ostrom's extensive and lasting influence throughout economics and the wider social sciences. They contextualize the Bloomington School within schools of economic thought and show how Ostrom's distinct methodology is used in policy-making and governance. Case studies are used to illustrate the value of civic involvement within public policy, a method pioneered by Ostrom and the Bloomington School.

    The book provides a valuable resource for those keen to understand Ostrom's approach, especially when applied to policy-making and wider application in the social sciences. Readers new to the Bloomington School will be introduced to its central areas of research while those already familiar will appreciate its subtle connections to other disciplines and research agendas.

The Conservative Challenge to Globalization
  • Anglo-American Perspectives
  • Ray Kiely
  • Published by:
    Agenda Publishing
    Published online:
    21 December 2023
    Print publication:
    26 March 2020
  • The benefits of globalization have long been trumpeted by right-wing and centre-left politicians and is enshrined in the neoliberal consensus of western democracies. However, in recent years, conservative rhetoric has turned increasingly anti-globalization. Ray Kiely examines this new trend, in particular the discourse of 'winners' and 'losers' of globalization that has emerged since the financial crisis, and which has been used by conservative politicians in the United States and the UK to reflect real and imagined threats to domestic economies and national identity.

    The book examines new US and UK conservative movements (alongside earlier traditions) and the development of conservative ideas, in particular projects for renewal, that have shaped responses to globalization that challenge neoliberal and third way approaches. The nostalgia for a former supposed age of economic and societal harmony, which has characterized this conservative anti-globalization response is given particular attention. The popular mantras of deregulation and economic nationalism that loomed large in both the election of Donald Trump and the UK's Brexit vote are shown to be potent examples of the success of this new conservative (anti-)globalization rhetoric.

    As well as examining the changing nature of Anglo-American conservatism, the book also offers an insightful account of the wider resurgence of populism.

The Economics of Fishing
  • Rögnvaldur Hannesson
  • Published by:
    Agenda Publishing
    Published online:
    21 December 2023
    Print publication:
    21 January 2021
  • The fishing industry's critical dependence on the natural environment makes it very different from other economic sectors. How it can optimally exploit a common resource while ensuring its sustainability raises many economic challenges. This book, suitable for undergraduate and postgraduate courses on fisheries economics and management, provides an introduction to the economics of the fishing industry and the role of fisheries in the world economy.

    The book's primary focus is on capture fisheries, although the discussion brings in wider aquaculture for comparative analysis. The key economic concepts that drive the industry, most notably sustainable yield, are explained in detail, before examining how the industry puts them into practice in a complex regulatory environment. The variability of fish stocks is considered and case studies of some spectacular stock crashes are discussed. The law of the sea is explained and how the movement of fish stocks across ocean boundaries has created regulatory bodies to manage international fisheries. At the heart of this management lies the quota system and the book outlines how it works and how, controversially, such quotas have become transferable.

    The book offers readers a comprehensive and rigorous guide to the economic considerations motivating the industry and highlights the environmental challenges facing the sector as global consumption of fish continues to rise.

Financial Inclusion
  • Samuel Kirwan
  • Published by:
    Agenda Publishing
    Published online:
    21 December 2023
    Print publication:
    25 February 2021
  • Without access to mainstream financial services, people pay more for goods and services and have less choice. The impacts of exclusion are not just financial but also affect education, employment, health, housing, and overall well-being.

    Limited access to financial services also impedes economic development in impoverished communities, which has prompted policy-makers, private institutions and NGOs to develop strategies to address financial inclusion. Drawing on a series of illustrative case studies - from India's micro-credit industry to mobile banking in South Africa - Samuel Kirwan examines the various types of policy implementation in developed and developing countries, and considers the social impact and efficacy of such economic intervention. While acknowledging the risks and pitfalls of government-backed and private financial inclusion practices, the book makes a strong case for the value of financial inclusion both as a conceptual term for clarifying the stakes of material poverty and as a policy tool that creates a space for meaningful changes in economic practices.

    The book provides valuable insight into the role of government policy in combatting inequality and is a welcome resource for researchers examining the socio-economic dimensions of poverty and attempts to address it.

The French Economy
  • Frances M. B. Lynch
  • Published by:
    Agenda Publishing
    Published online:
    20 December 2023
    Print publication:
    02 September 2021
  • Despite being invariably misunderstood by anglophones and often derided in the English-language financial press, the French economy is one of the world's major economies. For many years characterized by a distinctive economic model in which the French state intervened to correct or prevent market failures, as France has embraced the global market, its economy has increasingly converged with the western norm, but it remains different from its neighbours, particularly Germany and the UK, in a number of important respects.

    This general economic history of modern France - the first in the English language for nearly twenty years - provides an authoritative analysis of the workings of the modern French economy since its postwar reforms through to the present day. The book explores the monetary and fiscal policies of successive governments and the country's economic performance through a variety of indicators. In particular the book considers the attempts by the state to correct the regional imbalances associated with the contraction of agriculture and the decline of historically important industries as well as mitigating the dominance of Paris. The parts played by demographic change, migration, inequality, and the European project in French economic development are also investigated alongside the strength and competitiveness of key industries like finance, energy and transport.

The Strongmen
  • European Encounters with Sovereign Power
  • Hans Kribbe
  • Published by:
    Agenda Publishing
    Published online:
    20 December 2023
    Print publication:
    17 September 2020
  • Seven decades after the liberation of Europe, the strongmen of global politics are back. With a style and strategy of leadership that is anathema to liberal democratic norms and practices, the strongman challenges the principles of consensus and collaboration, willingly tears up trade agreements, invades territory and seeks to provoke and disrupt the status quo in order to achieve advantage.

    In this fascinating study of strongman power, Hans Kribbe draws on a range of political ideas to provide insight into the strongman's seemingly irrational and idiosyncratic behaviour to better understand how he (it is always 'he') wields power and to what end.

    Although the strongman's behaviour confounds and frustrates his counterparts abroad, Kribbe's analysis offers hope that it can be understood, anticipated and even neutralized. The implication of Kribbe's study is unequivocal: with the world's largest economies, as well as strategic neighbouring states controlled by strongmen, Europe must learn to speak their language if it is to beat them at their own game.

The Japanese Economy
  • Hiroaki Richard Watanabe
  • Published by:
    Agenda Publishing
    Published online:
    20 December 2023
    Print publication:
    28 May 2020
  • Although still the world's third largest economy, Japan continues to feel the effects of the collapse of a massive asset price bubble in the early 1990s. In recent years further setbacks, including both the Asian and global financial crises, and the 2011 Fukushima earthquake, have only added to the economy's difficulties and made its prospects under Abenomics at best mixed.

    Hiroaki Richard Watanabe examines the ups and downs of Japan's postwar economic history to offer an up-to-date and authoritative guide to the workings of Japan's economy. The book highlights the country's distinct business networks and its unique state-market relationship. It explores the characteristic institutional complementarity that exists among different sectors and business practices and gives particular attention to human factors, such as labour market dualism, gender discrimination and migration. Although often associated in western minds with futuristic automated efficiency, Japan's economy, Watanabe shows, retains many inefficient and peculiar business practices that do not comply with global standards.

    The book provides readers with a concise survey of Japan's recent economic history, the economy's characteristic features and the challenges it faces.

Farming as Financial Asset
  • Global Finance and the Making of Institutional Landscapes
  • Stefan Ouma
  • Published by:
    Agenda Publishing
    Published online:
    20 December 2023
    Print publication:
    28 May 2020
  • Since the global financial crisis, the world has seen a stark rise in financial investment in farming and agricultural production. Indeed, finance has been identified as one of the main causes of the so-called 'global land rush'. In a world with a growing population that needs to be fed, the financial returns from agriculture are sold as safe bets. The debate that this has prompted has been frequently alarmist, with financiers blamed for rising land prices, corporate enclosures, the dispossession of smallholder farmers and the expansion of large-scale industrial agriculture.

    Stefan Ouma speaks to these concerns via an ethnographic journey through the agrifocused asset management industry. His penetrating analysis of case studies taken from New Zealand and Tanzania allows him to put global finance 'in place', bringing into view the flesh-and-blood institutions, globe spanning social relations, everyday practices and place-based value struggles that are often absent in broad-brushed narratives on the 'financialization of agriculture'. The book closes with a key question for the Anthropocene: which form of finance forwhich kind of food future?

Finntopia
  • What We Can Learn from the World's Happiest Country
  • Danny Dorling, Annika Koljonen
  • Published by:
    Agenda Publishing
    Published online:
    20 December 2023
    Print publication:
    24 September 2020
  • The 2020 World Happiness Report ranked Finland, for the third year running, as the world's happiest country.

    The 'Nordic Model' has long been touted as the aspiration for social and public policy in Europe and North America, but what is it about Finland that makes the country so successful and seemingly such a great place to live?

    Is it simply the level of government spending on health, education and welfare? Is it that Finland has one of the lowest rates of social inequality and childhood poverty, and highest levels of literacy and education?

    Finland clearly has problems of its own - for example, a high level of gun ownership and high rates of suicide - which can make Finns skeptical of their ranking, but its consistently high performance across a range of well-being indicators does raise fascinating questions.

    In the quest for the best of all possible societies, Danny Dorling and Annika Koljonen explore what we might learn from Finnish success.

Productivity
  • Michael Haynes
  • Published by:
    Agenda Publishing
    Published online:
    20 December 2023
    Print publication:
    19 March 2020
  • Productivity looms large in public policy discussions yet many find themselves hard-pressed to explain exactly what the term means. Even within economics, its nature and significance is contested and the focus of complex debate. Michael Haynes cuts through the jargon and political sloganeering to provide a detailed examination of the concept, how it is used and why it is held by economists to be so important in evaluating the health of economies.

    The book explores why productivity grows or fails to grow in certain contexts, in particular how real world variables can interact with measurements of efficiency and output. The difficulties of measuring its scope are examined alongside the larger question of whether growth in productivity is sustainable, both at the level of national economies and globally. Whether productivity remains the motor of economic growth that it once was and continues to be the most appropriate economic indicator for modern economies is shown to be a key consideration.

    For anyone searching for a clear, engaging and level-headed guide to one of the most important metrics for understanding economic growth, this book will be warmly welcomed.

Page 17 of 155