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Research in the History of Economic Thought and Methodology

Research in the History of Economic Thought and Methodology

Research in the History of Economic
Thought and Methodology

An acclaimed economist's fully revised and expanded guide to how resilient thinking helps us face a world of unknownsThe world is becoming more dangerous and complex. In The Resilient Society, Markus K. Brunnermeier offers a unifying framework for meeting its demands: resilience-not the avoidance of risk, but the capacity to recover from shocks and emerge stronger. Through this single powerful lens, he illuminates challenges as varied as geopolitical rivalries in a world riddled with choke points and interdependencies, the ever-present specter of armed conflict, food insecurity across emerging and developing economies, pandemics, and increasingly severe weather.This fully revised edition of the award-winning The Resilient Society brings sharp new insight to the defining public-policy questions of our era-geoeconomics, global finance, sovereign debt, inflation, public health, climate change, and inequality. Written for business leaders, policymakers, economists, and engaged citizens alike, it shows how resilience can serve as a compass for the most urgent problems of our time.

The Resilient Society

The Great Disconnect: The Paradox of India's Economic Growth and Employment Crisis, examines the paradox of India's remarkable economic growth alongside persistent employment challenges, revealing the complex dynamics of what the author terms "the great disconnect" between development and suitable work opportunities.Drawing on extensive research and policy experience, Professor K.P. Kannan explores how India's economic reforms have created a troubling divergence between GDP growth and quality employment generation. The book provides critical insights into jobless growth patterns, the devastating impact of the COVID-19 pandemic on workers, persistent wage inequalities, and the marginalisation of women and less-educated workers in rural areas. Through detailed analysis of employment elasticity, informal sector dynamics, and social security gaps, Kannan demonstrates how the majority of India's workforce remains trapped in precarious employment without basic protections. The study extends beyond national boundaries to examine similar challenges across the Global South, particularly within BRICS countries, whilst proposing strategies for organising informal workers and achieving inclusive development.This authoritative work will be essential reading for development economists, labour specialists, policy makers, and researchers examining employment challenges in emerging economies in the Global South. It provides valuable insights for international development agencies, government officials, labour organisations, and academics studying the intersection of economic growth and social development in contemporary India and the broader developing world.

The Paradox of India’s Economic Growth and Employment Crisis

The Great Disconnect

Palgrave Studies in Public Debt, Spending, and Revenue

This book examines the interplay of professional norms and political accountability in the process of making decisions about whether, how, and how much debt state and local governments should incur. The careful analysis of accountability in actual decisions, focusing particularly on whether and how individual and collective decision-making behavior responds to general (stipulated) norms and situational (negotiated) expectations in their broader social contexts, is a familiar approach in the study of management and public organizations generally, but has not been extensively applied to this area of public financial decision making. Political economists, especially those identified with the public-choice approach, have done extensive macro-level normative and theoretical analysis of public debt, but not in an empirically rich fashion. This book therefore constitutes a missing link that uses analyses of selected cases to advance conceptual understandings of organizational accountability spaces in general, and decisions to incur public indebtedness and the implications of those decisions specifically, by examining the intersection of the macro, meso, and micro levels of expectations for and practices of public financial decision making.

Professionalism and Accountability in Public Finance Decision-Making

Debt Reckoning

Practical Insights

An Exploration of the SARFAESI Act

China Insights

This book takes the Shenzhen Shenshan Special Cooperation Zone as a case study to research on the coordinated regional economic development. It provides a detailed introduction to the origin of the Shenshan Special Cooperation Zone, the development of enclave economy with Chinese characteristics, the differences between Chinese and foreign enclaves, and the theoretical evolution of enclave development. The book offers an in-depth analysis of the advantages and disadvantages of the Shenshan Cooperation Zone’s transition from "tripartite co-management" to "bilateral cooperation" and finally to "unilateral comprehensive leadership". It elaborates on why the development of the Shenshan Cooperation Zone adopts a combined economic model that integrates the cultivation of endogenous innovation drivers with the establishment of regionally induced growth poles, industrial gradient transfer, and complementary factor endowments. The book also scientifically demonstrates the implementation path of "planning leading, infrastructure first, platform-driven development, and industry-city integration". As a monograph that combines theoretical depth and practical insight, it systematically studies the development of enclave economy and offers significant reference value for the advancement of enclave economies.

This book takes the Shenzhen Shenshan Special Cooperation Zone as a case study to research on the coordinated regional economic development. It provides a detailed introduction to the origin of the Shenshan Special Cooperation Zone, the development of enclave economy with Chinese characteristics, the differences between Chinese and foreign enclaves, and the theoretical evolution of enclave development. The book offers an in-depth analysis of the advantages and disadvantages of the Shenshan Cooperation Zone’s transition from “tripartite co-management” to “bilateral cooperation” and finally to “unilateral comprehensive leadership”. It elaborates on why the development of the Shenshan Cooperation Zone adopts a combined economic model that integrates the cultivation of endogenous innovation drivers with the establishment of regionally induced growth poles, industrial gradient transfer, and complementary factor endowments. The book also scientifically demonstrates the implementation path of “planning leading, infrastructure first, platform-driven development, and industry-city integration”. As a monograph that combines theoretical depth and practical insight, it systematically studies the development of enclave economy and offers significant reference value for the advancement of enclave economies.

A Case Study of Shenzhen Shenshan Special Cooperation Zone

The Innovation in City Cluster Model

Initiative for Policy Dialogue at Columbia: Challenges in Development and Globalization

One of the most pressing issues in development today is the employment challenge in low- and middle-income countries. As more young people enter the labor force--and as structural transformation unfolds amid deindustrialization, technological disruption, and global competition--the question of how to create sufficient decent jobs has become central to the economic future of the Global South. Although this is a shared challenge across developing regions, it is particularly acute in Africa, where rapid demographic change and urbanization are colliding with limited industrial expansion. Bringing together leading international scholars, The Future of Work in Developing Countries examines the employment problem from multiple perspectives. Early chapters develop conceptual frameworks around corporations and the global hierarchy of production. Subsequent contributions investigate the dynamics of structural transformation, the role of firms in linking production and labor to surplus, and the design of industrial and technology policies. Later chapters turn to detailed case studies--especially from Africa--that illustrate the possibilities and limits of different growth paths, and comparative insights from Asia and Latin America provide further perspective. By combining rigorous theoretical analysis with grounded empirical research, this book demonstrates that employment creation is not an automatic byproduct of growth but a political and institutional project. It offers fresh insights for scholars of development, political economy, and economic history, as well as for policy makers seeking strategies to promote inclusive transformation in Africa and beyond.

The Future of Work in Developing Countries

Eminent political economists Ian Budge and Paul Whiteley make a forceful case for bringing the state back into economic planning for better economic and political outcomes. They do so primarily by calling attention to the shortcomings of axiomatic, neoclassical economic theorizing, which makes normative assumptions about how economic actors ought to behave without considering how they actually behave thanks largely to the influence of advertisers and politicians. Revisiting Adam Smith with this in mind, Budge and Whiteley offer original, alternative understandings of individual and collective decision-making; the difference between national economies and "the economy"; the state's role in the provision of public goods; the state's role in dealing with risks, uncertainties, and externalities such as climate change; and the very notion of "supply and demand," which they reconceive as supply-then-demand.

The end result is a more robust explanatory model of economics coupled with a normative case for the governance of public goods and markets. All this adds up to a major intervention into the question of how societies organize the extraction and allocation of resources to meet the needs of their constituents.

A Political Theory of Economies and Markets

Public Supply and Demand

Routledge Revivals

First published in 1983, French Planning in Theory and Practice (now with a new preface by the authors) provides the first detailed account since the late 1960's of the French system of economic planning, and its relevance for other market economies. It offers an original and non-technical rationale for planning in a market system and examines the decline in French planning, at a time when the new government was attempting to extend the traditional planning system.The initial theoretical part of the book is primarily addressed to economists. It reviews the literature on indicative planning and argues that it is severely deficient, above all in failing to take account of the implications of uncertainty on private decision-making. These problems have empirical relevance for the French experience, and lead to the proposal for a different form of planning, supplying co-ordination that would not be spontaneously forthcoming in the public or private sectors. The analysis goes beyond the scope of French planning and has policy relevance for all market economies.Although written with the main analytic issues in mind, the remainder of the book stands independently as a comprehensive study of planning in France. It traces the gradual loosening of the links between policy making and planning in France and tries to draw the lessons from this experience for the practice of planning. The authors conclude that the type of planning that had seemed so successful in the 1960's was simply no longer possible in the economic and political climate of the 1970's, yet no real attempt was made to define an alternative role for the plan. The political and administrative authorities were happy to see planning fade. The arrival of the Socialist government offered great scope for the revival of the process, but the authors caution against supposing that political will was the only vital ingredient. The book is based on extensive interviews with planners, analysts, and decision-makers as well as on published and unpublished written and statistical sources.

French Planning in Theory and Practice

This book encapsulates the changing dimensions of managerial behaviours through existing microeconomic theories. It throws light on the decision-making process of consumers to demonstrate the potential absorbing capacity of the firms' produce, with the aim of fulfilling their objectives while being socially sustainable.The book elucidates how management, utilizing strategic planning tools, can maintain profitability in an ever-changing macroeconomic environment. The sectoral/market equilibrium analyses are done with reference to international trade and economic growth models. Key features include simple case studies and illustrations to facilitate an easy understanding of the theory, using basic mathematical tools, tables, and figures to illustrate the concepts intuitively. Additionally, chapter-end exercises are provided to assess students' comprehension of the subject matter, among other features.Devised as a text for postgraduate students of Management, Commerce and Economics, this book would also be useful to undergraduate courses with Managerial Economics. Additionally, this book would be an invaluable companion to budding business managers and corporate leaders in different industries.

Theory and Application for Decision Makers

Managerial Economics

Advances in Spatial Science

As cities evolve at unprecedented speed and scale, traditional digital twins—virtual models of physical urban systems—fall short in capturing the dynamic and complex nature of urban life. This book bridges the gap between digital urban representations and the dynamic processes that shape our cities.Moving beyond conventional data and technological infrastructure, this work formulates a comprehensive framework for embedding urban dynamics and complexity into digital twins. It reimagines them as living systems that adapt, learn and evolve in real time, near real time and over the long horizon. Through integrated feedback loops between data, physical infrastructure, high-dimensional models and reduced-order approximations, digital twins are transformed into powerful tools for the modeling, simulation, prediction and proactive management of urban development.This book presents cutting-edge methods to learn, simplify and encode urban dynamics and complexity into digital twins—whether or not the underlying mechanisms are fully understood. It also addresses critical challenges such as scalability, uncertainty propagation, network sensing and data quality, and demonstrates how dynamic digital twins can be continually refined through new information and emerging insights.At the intersection of urban theory, artificial intelligence, machine learning and big spatiotemporal data, this book charts a new course for the modeling and governance of cities. It is a vital resource for researchers, practitioners and decision-makers across disciplines—inviting collaboration between academia, industry, government and professionals working on the frontlines of our ever-changing urban environments.Explore a bold vision for cities that can think, adapt and respond—one where digital twins become not just mirrors, but engines of transformation.

Modeling Urban Dynamics and Complexity

Digital Twins of Cities

Footprints of Regional Science

The Voice of Regional Science

Spatial and Societal Perspectives

Transformative Economies

Routledge Research on African Economics

The African Continental Free Trade Area (AfCFTA) represents a bold and historic step toward regional economic integration, offering potential for intra-African trade, job creation, and inclusive development. Yet, the success of this ambitious initiative hinges not only on tariff liberalisation and infrastructure development but also on the ability of African economies to build a cohesive and interoperable digital financial architecture.This book provides an in-depth and interdisciplinary examination of how financial technology (FinTech) can support the realisation of AfCFTA's goals. It explores key pillars such as digital payment systems, mobile money interoperability, blockchain for trade finance and supply chains, digital identity and Know Your Customer (KYC) protocols, cybersecurity, and the harmonisation of regulatory frameworks. Drawing on diverse African case studies, the book highlights both opportunities and structural challenges in building a secure, inclusive, and innovative digital financial ecosystem across the continent. By linking technological solutions to institutional reforms, it demonstrates how FinTech can enhance cross-border trade, bridge financial gaps, and empower small businesses and informal sector participants. The book's themes directly align with current high-level policy goals, including Africa's Agenda 2063, the United Nations Sustainable Development Goals (SDGs), and ongoing digital transformation efforts.The book is essential reading for academics, students of digital financial inclusion, FinTech regulation, and innovation policy in emerging markets, especially within the frameworks of institutional and regional integration theories. It will also appeal to policymakers, regulators, FinTech innovators, and development practitioners interested in Africa's digital and economic integration journey.

The Promise of Digital Financial Integration

FinTech and the African Continental Free Trade Area

Research in the History of Economic Thought and Methodology

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