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Author: Tony Killick
Publisher: World Bank Publications
ISBN: 9780821321256
Category : Business & Economics
Languages : en
Pages : 422
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Book Description
This book explores the relationship between economic adaptation and long-run development, with particluar emphasis on small, low- income economies. It also examines what makes for flexibility within an economy and how policy can affect an economy's ability to adapt to conditions over which it has no control. The premise is that all economies need to adapt to changing circumstances in order to achieve a reasonable pace of development. The author explains the forces to which economies need to respond, the attributes that increase an economy's capacity to adjust, the difficulties of adjustment, and what policy can do to facilitate adjustment. The author illustrates structure and flexibility within an economy and offers a guide to forming policy. Specific policy options are examined, among them using exchange rate fluctuations. The roles of government and markets in setting adjustment policies for industry, agriculture, and finance are explored. The study draws upon a wide range of material and avoids a narrowly economic point of view. The book is intended for use by economists working for or advising government agencies and for teachers and students of development economics. It includes an extensive reference list.
Author: Tony Killick
Publisher: World Bank Publications
ISBN: 9780821321256
Category : Business & Economics
Languages : en
Pages : 422
Get Book Here
Book Description
This book explores the relationship between economic adaptation and long-run development, with particluar emphasis on small, low- income economies. It also examines what makes for flexibility within an economy and how policy can affect an economy's ability to adapt to conditions over which it has no control. The premise is that all economies need to adapt to changing circumstances in order to achieve a reasonable pace of development. The author explains the forces to which economies need to respond, the attributes that increase an economy's capacity to adjust, the difficulties of adjustment, and what policy can do to facilitate adjustment. The author illustrates structure and flexibility within an economy and offers a guide to forming policy. Specific policy options are examined, among them using exchange rate fluctuations. The roles of government and markets in setting adjustment policies for industry, agriculture, and finance are explored. The study draws upon a wide range of material and avoids a narrowly economic point of view. The book is intended for use by economists working for or advising government agencies and for teachers and students of development economics. It includes an extensive reference list.
Author: Nick Gogerty
Publisher: Columbia University Press
ISBN: 0231162448
Category : Business & Economics
Languages : en
Pages : 368
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Book Description
The Nature of Value presents a theory of how economic value functions and how it drives growth, starting with tiny sparks of innovation and scaling all the way up to the full scope of the economy. Nick GogertyÕs exploration of value borrows from a wide array of disciplines, including anthropology, psychology, physics, sociology, and ethics, but most of all, it examines how evolutionÕs processes can help investors understand the economy and how investors can use this new understanding to improve their allocation decisions. Starting with a look at how innovations can help firms succeed, Gogerty looks at the economic niches in which firms compete and explores how firms can create defensive ÒmoatsÓ to enhance their chances of survival. He shows allocators how to adjust their actions for best performance and returns and what to look for when assessing company management, supporting his arguments with extensive data and years of practitioner experience from scientific, social, and economic disciplines. Intuitive illustrations are used to illuminate central concepts and ideas. GogertyÕs practical takeaways, couched in vivid explanations, will help investors of all backgrounds gain fresh insight into market mechanics.
Author: David McEwen
Publisher:
ISBN: 9780994643001
Category : Business enterprises
Languages : en
Pages : 226
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Book Description
The Adaptive Economy is a new way of looking at climate change, moving past politics and corporate sustainability reports and into the arena of the disruptive business opportunities it is creating. This book helps business owners and managers identify the risks a changing climate will have for their firm, how to constructively build resilience and make the strategic decisions that can open up new revenue streams, benefit reputation and navigate the wider impacts. If you are ready to be a front runner in the race to create an economy where making a profit and being environmentally sustainable go hand in hand, Navigating The Adaptive Economy will point you in the right direction, with tools, data and case studies to inspire you to succeed.
Author: Darren Swanson
Publisher: IDRC
ISBN: 8132101472
Category : Business & Economics
Languages : en
Pages : 184
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Book Description
This title describes the concept of adaptive policymaking and presents seven tools for developing such policies. Based on hundreds of interviews with people impacted by policy and research of over a dozen policy case studies, this book serves as a pragmatic guide for policymakers by elaborating on these seven tools.
Author: Douglass C. North
Publisher: Princeton University Press
ISBN: 0691145954
Category : Business & Economics
Languages : en
Pages : 200
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Book Description
In this landmark work, a Nobel Prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the kind and quality of institutions that support markets. As he showed in two now classic books that inspired the New Institutional Economics (today a subfield of economics), property rights and transaction costs are fundamental determinants. Here, North explains how different societies arrive at the institutional infrastructure that greatly determines their economic trajectories. North argues that economic change depends largely on "adaptive efficiency," a society's effectiveness in creating institutions that are productive, stable, fair, and broadly accepted--and, importantly, flexible enough to be changed or replaced in response to political and economic feedback. While adhering to his earlier definition of institutions as the formal and informal rules that constrain human economic behavior, he extends his analysis to explore the deeper determinants of how these rules evolve and how economies change. Drawing on recent work by psychologists, he identifies intentionality as the crucial variable and proceeds to demonstrate how intentionality emerges as the product of social learning and how it then shapes the economy's institutional foundations and thus its capacity to adapt to changing circumstances. Understanding the Process of Economic Change accounts not only for past institutional change but also for the diverse performance of present-day economies. This major work is therefore also an essential guide to improving the performance of developing countries.
Author: Andrew W. Lo
Publisher: Princeton University Press
ISBN: 0691191360
Category : Business & Economics
Languages : en
Pages : 502
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Book Description
"Half of all Americans have money in the stock market, yet economists can't agree on whether investors and markets are ration and efficient, as modern financial theory assumes, or irrational and inefficient, as behavioral economists believe - and as financial bubbles, crashes, and crises suggest. This is one of the biggest debates in economics, and the value or futility of investment management and financial regulation hang on the outcome. In this groundbreaking book, Andrew Lo cuts through this debate with a new framework, the Adaptive Markets Hypothesis, in which rationality and irrationality coexist. Drawing on psychology, evolutionary biology, neuroscience, artificial intelligence, and other fields, "Adaptive Markets" shows that the theory of marked efficiency isn't wrong but merely incomplete. When markets are unstable, investors react instinctively, creating inefficiencies for others to exploit. Lo's new paradigm explains how financial evolution shapes behavior and markets at the speed of thought - a fact revealed by swings between stability and crisis, profit and loss, and innovation and regulation."--Inside flap.
Author: Benjamin K. Sovacool
Publisher: Springer
ISBN: 1137496738
Category : Political Science
Languages : en
Pages : 386
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Book Description
Drawing on concepts in political economy, political ecology, justice theory, and critical development studies, the authors offer the first comprehensive, systematic exploration of the ways in which adaptation projects can produce unintended, undesirable results. This work is on the Global Policy: Next Generation list of six key books for understanding the politics of global climate change.
Author: Bradley R. Schiller
Publisher: Irwin/McGraw-Hill
ISBN: 9780072471120
Category : Economics
Languages : en
Pages : 770
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Book Description
Author: Ethan Tussey
Publisher: NYU Press
ISBN: 1479802522
Category : Social Science
Languages : en
Pages : 248
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Book Description
2018 Outstanding Academic Title, given by Choice Magazine How mobile devices make our in-between moments valuable to media companies while also providing a sense of control and connection In moments of downtime – waiting for a friend to arrive or commuting to work – we pull out our phones for a few minutes of distraction. Just as television reoriented the way we think about living rooms, mobile devices have taken over the interstitial spaces of our everyday lives. Ethan Tussey argues that these in-between moments have created a procrastination economy, an opportunity for entertainment companies to create products, apps, platforms, subscription services, micropayments, and interactive opportunities that can colonize our everyday lives. But as businesses commoditize our free time, and mobile devices become essential tools for promotion, branding and distribution, consumers are using these devices as a means of navigating public and private space. These devices are not just changing the way we spend and value our time, but also how we interact with others and transform our sense of the politics of space. By examining the four main locations of the procrastination economy—the workplace, the commute, the waiting room, and the “connected” living room—Ethan Tussey illuminates the relationship between the entertainment industry and the digitally empowered public.
Author: Martin Shubik
Publisher: MIT Press (MA)
ISBN: 9780262193443
Category : Financial institutions
Languages : en
Pages : 0
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Book Description
In this work Martin Shubik offers his vision of mathematical institutional economics, a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics that goes beyong general equilibrium theory.
