Products related to Economy:
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Economic Growth and Income Distribution in the Development of China’s Dual Economy
Since the start of the process of economic reform in 1978, China has maintained the structure of a dual economy, with concurrent development of the agricultural and industrial sectors.This book explores the key issues of China's economic growth and income distribution in this context. Pivoting on analysis of China's real GDP and growth rate, the first part of the book analyzes the evolution of economic growth and characteristics of economic structural changes across a period of forty years, scrutinizing the different determinants that contribute to growth.Then, chapters in the second part of the volume study the relationship between China's economic growth and economic development, elucidating the mechanism of interaction between the former and key factors of the latter, including investment, housing, education, and healthcare.The final chapters center on the development and current landscape of income distribution, providing explanation for sharpening income inequalities and advancing suggestions and feasible solutions to the problem of income gap. This book is targeted at scholars, students, and policymakers interested in China's economy, income distribution, and economic growth.
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The Political Economy of Education
The Political Economy of Education provides academically rigorous yet clear explanations of the economics and politics driving today's educational systems and how economists analyze them.The book covers a host of topics central to teaching about education and crucial to educational policy.These include how to use the tools of economic and political theory to take critical measure of education's role in social mobility and economic growth, whether good teachers can overcome social class and race achievement gaps, the effectiveness of early childhood and vocational education, and debates on school accountability and whether increasing spending on schooling improves quality.The book also explores worldwide changes in higher education, especially massification and increased stratification and privatization.Written for upper undergraduate and graduate students in economics, public policy, and education and packed with real-world examples, this is an essential text for anyone interested in gaining fresh and international perspectives on education.
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Knowledge Economy, Information Technologies and Growth
This volume focuses on the Information and Communication (ICT) revolution and its impact on economic growth.Even though the emergence of the knowledge economy is at the center of attention by media and is often a subject of economic policy debate, economic research on the issue is still relatively underdeveloped and many aspects of it are still awaiting proper theoretical and empirical scrutiny.One important question is whether, as many economists and opinion leaders maintain the knowledge economy and the new information technologies have fostered the birth of a 'new economy' which by inducing a strong productivity growth in most sectors, is behind the impressive growth of GDP experienced by the US economy.Empirical research has in fact been unable to provide a conclusive answer to this question.This book debates this issue and provides the opportunity to discuss the economic and social effects of the ICT revolution.It also focuses on the functioning and the micro-economic structure of the ICT sector, as well as on its impact on various industries, on the financial system and on the labor market.It analyses the role of the ICT revolution on regional development and it addresses important policy issues such as its consequences for antitrust legislation and government regulation.
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The Chinese Economy : Adaptation and Growth
The new edition of a comprehensive overview of the modern Chinese economy, revised to reflect the end of the "miracle growth" period. This comprehensive overview of the modern Chinese economy by a noted expert on China's economic development offers a quality and breadth of coverage not found in any other English-language text.In The Chinese Economy, Barry Naughton provides both a broadly focused introduction to China's economy since 1949 and original insights based on his own extensive research.This second edition has been thoroughly revised to reflect a decade of developments in China's economy, notably the end of the period of "miracle growth" and the multiple transitions it now confronts-demographic, technological, macroeconomic, and institutional.Coverage of macroeconomic and financial policy has been significantly expanded. After covering endowments, legacies, economic systems, and general issues of economic structure, labor, and living standards, the book examines specific economic sectors, including agriculture, industry, technology, and foreign trade and investment.It then treats financial, macroeconomic, and environmental issues.The book covers such topics as patterns of growth and development, including population growth and the one-child family policy; the rural and urban economies, including rural industrialization and urban technological development; incoming and outgoing foreign investment; and environmental quality and the sustainability of growth. The book will be an essential resource for students, teachers, scholars, business practitioners, and policymakers.It is suitable for classroom use for undergraduate or graduate courses.
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Is a post-growth economy possible?
Yes, a post-growth economy is possible. It would involve shifting away from the current focus on endless economic growth and instead prioritizing sustainability, well-being, and equitable distribution of resources. This could involve redefining success and progress beyond GDP growth, implementing policies that promote resource efficiency and conservation, and fostering alternative economic models such as circular economies and steady-state economies. While it would require significant changes in mindset and policy, a post-growth economy is feasible and necessary for addressing pressing environmental and social challenges.
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How does growth create jobs in the economy?
Growth in the economy creates jobs through several mechanisms. As businesses expand and invest in new projects, they require more workers to meet the increased demand for goods and services. Additionally, growth often leads to higher consumer spending, which in turn drives businesses to hire more employees to meet the rising demand. Furthermore, growth can also stimulate innovation and the creation of new industries, leading to the emergence of new job opportunities in the economy. Overall, sustained economic growth is essential for creating a healthy job market and reducing unemployment.
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Free market economy or planned economy?
The choice between a free market economy and a planned economy depends on the specific goals and values of a society. A free market economy allows for individual freedom and competition, which can lead to innovation and efficiency. However, it can also result in inequality and lack of regulation. On the other hand, a planned economy allows for more control and distribution of resources, but it can stifle individual initiative and innovation. Ultimately, the decision between the two depends on the balance a society seeks between individual freedom and social equality.
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Why market economy and not planned economy?
A market economy is preferred over a planned economy because it allows for individual freedom and choice in economic decision-making. In a market economy, prices are determined by supply and demand, leading to efficient allocation of resources. Additionally, competition in a market economy encourages innovation and productivity, driving economic growth. On the other hand, a planned economy, where the government controls production and distribution, can lead to inefficiencies, lack of innovation, and limited consumer choice.
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Reinventing Education: Beyond the Knowledge Economy
The need for change in the education system is obvious and overwhelming.But each stakeholder group has its own ideas about why the system is broken and how to fix it.Competing priorities, political inertia and diminishing budgets maintain the dysfunctional status quo.This essential text examines the underlying causes behind the key challenges facing schools and argues that we need to move from knowledge transfer systems to a deliberately developmental approach that transforms capabilities including emotional regulation, systems thinking, critical analysis, creativity and collaborative capability. The chapters provide a framework for designing, constructing and implementing school systems that can transform the outcome in a classroom, school or trust. Topics covered include: Why education is a ‘wicked’ problem Why development must be central and sit alongside knowledge transfer (as AI takes over ‘expertise’) How motivation and value systems evolve and are key to change How to drive behaviour change to transform outcomes What human-centred means now in a reinvented systemOffering much-needed insights, guidance and solutions for teachers, school leaders and policy-makers, this book will be valuable reading for all those interested in school improvement and education policy.
Price: 22.99 £ | Shipping*: 3.99 £ -
Reinventing Education: Beyond the Knowledge Economy
The need for change in the education system is obvious and overwhelming.But each stakeholder group has its own ideas about why the system is broken and how to fix it.Competing priorities, political inertia and diminishing budgets maintain the dysfunctional status quo.This essential text examines the underlying causes behind the key challenges facing schools and argues that we need to move from knowledge transfer systems to a deliberately developmental approach that transforms capabilities including emotional regulation, systems thinking, critical analysis, creativity and collaborative capability. The chapters provide a framework for designing, constructing and implementing school systems that can transform the outcome in a classroom, school or trust. Topics covered include: Why education is a ‘wicked’ problem Why development must be central and sit alongside knowledge transfer (as AI takes over ‘expertise’) How motivation and value systems evolve and are key to change How to drive behaviour change to transform outcomes What human-centred means now in a reinvented systemOffering much-needed insights, guidance and solutions for teachers, school leaders and policy-makers, this book will be valuable reading for all those interested in school improvement and education policy.
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Growth of the International Economy, 1820-2015
Kenwood and Lougheed’s classic book has been the benchmark introduction to the development of the global economy for decades.For this fifth edition, Michael Graff has brought the story up to date to include events from the early part of the twenty first century – continued globalization, the emergence of Asia as an economic power and the greater role played by business on the international scene. Beginning with the industrial revolution, the book charts the long nineteenth century, the impact of colonialism, the fast pace of technology growth and the impact of global wars.New features to this edition include: a prologue explaining the initial conditions faced by the world economy in 1820, detailing the beginnings of international trade and the influence of slavery greater coverage of developing countries increased coverage of World Wars I and II and of the twentieth century a number of appendices outlining the economic concepts and theories underlying the textThis new edition of Growth of the International Economy provides the reader with a clear understanding of the factors which have been instrumental in creating the economic environment we face two hundred years after the industrial revolution.
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Finance Markets, the New Economy and Growth
The existence of significant differences in the organization of the US and European financial markets prompts a number of important questions.Firstly, is it possible to determine the type of institutions that are more conducive to growth?Secondly, did the financial markets play a key role in securing the growth and prosperity of the US during the 1990s?A third issue is the effect of the recent changes in the organization of the financial markets.The last issue addressed relates to the effects on investment and growth of the different corporate governance structures that prevail in the various countries.By exploring the differences between the financial markets in the US and Europe this book helps the reader assess the role of financial markets in securing investment and growth.
Price: 29.99 £ | Shipping*: 0.00 £
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How are planned economy and shortage economy related?
A planned economy is a system in which the government controls and regulates production, distribution, and prices of goods and services. In a planned economy, resources are allocated based on a central plan rather than market forces. A shortage economy occurs when there is a lack of goods and services available for consumers due to factors such as poor planning, inefficiency, or external shocks. In a planned economy, the risk of a shortage economy is higher as the government may not accurately predict or meet the demands of the population, leading to imbalances in supply and demand.
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What is the difference between social market economy, free market economy, and planned economy?
A social market economy combines elements of both a free market economy and a planned economy. It allows for private ownership of businesses and resources, while also implementing government regulations to ensure fair competition and social welfare. In contrast, a free market economy relies on minimal government intervention, allowing businesses to operate with little regulation. On the other hand, a planned economy is centrally controlled by the government, with decisions regarding production, distribution, and pricing made by central authorities.
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Is Germany a centrally planned economy, a social market economy, or a free market economy?
Germany is considered a social market economy. This means that while it operates within a free market framework, the government plays a significant role in regulating the economy and providing social welfare programs. The social market economy model aims to balance economic freedom with social responsibility, promoting competition and entrepreneurship while also ensuring social security and a fair distribution of wealth. This approach has been a key factor in Germany's economic success and stability.
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How do planned economy and social market economy differ?
A planned economy is one in which the government controls all aspects of economic production and distribution, including setting prices and determining what goods and services are produced. In contrast, a social market economy is a system in which the government plays a more limited role, allowing for private ownership and competition while also providing social safety nets and regulations to ensure fair competition and protect consumers. In a planned economy, the government has a central role in decision-making, while in a social market economy, the market plays a more significant role, with government intervention focused on ensuring fairness and social welfare.
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