Policy Implications Of Recent Advances In Evolutionary And Institutional Economics
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Policy Implications Of Recent Advances In Evolutionary And Institutional Economics
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Author : Claudius Grabner
language : en
Publisher: Routledge
Release Date : 2016-05-12
Policy Implications Of Recent Advances In Evolutionary And Institutional Economics written by Claudius Grabner and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-12 with Business & Economics categories.
This collection is inspired by the coming retirement of Professor Wolfram Elsner. It presents cutting-edge economic research relevant to economic policies and policy-making, placing a strong focus on innovative perspectives. In a changing world that has been shaken by economic, social, financial, and ecological crises, it becomes increasingly clear that new approaches to economics are needed for both theoretical and empirical research; for applied economics as well as policy advice. At this point, it seems necessary to develop new methods, to reconsider theoretical foundations and especially to take into account the theoretical alternatives that have been advocated within the field of economics for many years. This collection seeks to accomplish this by including institutionalist, evolutionary, complexity, and other innovative perspectives. It thereby creates a unique selection of methodological and empirical approaches ranging from game theory to economic dynamics to empirical and historical-theoretical analyses. The interested reader will find careful reconsiderations of the historical development of institutional and evolutionary theories, enlightening theoretical contributions, interdisciplinary ideas, as well as insightful applications. The collection serves to highlight the common ground and the synergies between the various approaches and thereby to contribute to an emerging coherent framework of alternative theories in economics. This book is of interest to those who study political economy, economic theory and philosophy, as well as economic policy.
China S Quest For Innovation
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Author : Shuanping Dai
language : en
Publisher: Taylor & Francis
Release Date : 2019-11-06
China S Quest For Innovation written by Shuanping Dai and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-06 with Social Science categories.
The transition from a catching-up style economy to an innovation-driven economy poses a major challenge for China. This book examines the major issues at stake, outlines developments in crucial business fields and industries, and discusses the roles of top-down politics and bottom-up entrepreneurship. It focuses in particular on the institutional foundations of innovation, arguing that successful innovation relies on the favourable interplay of business, politics, and society, and that comprehensive institutional and organizational changes will be required in China in order for innovation to succeed. Overall, the book assesses how far China will be able to depart from the Western paradigm of successful innovation regimes and create its own innovation system with Chinese characteristics.
What Is Heterodox Economics
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Author : Andrew Mearman
language : en
Publisher: Routledge
Release Date : 2019-04-17
What Is Heterodox Economics written by Andrew Mearman and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-17 with Business & Economics categories.
Since the Global Financial Crisis, economics has been under greater public scrutiny, revealing a crisis in the discipline. This represented a potential turning point on how economics should be thought and taught. Heterodox economics has played a prominent role in these discussions revolving around new economics thinking and pluralism in economics. Yet, its identity, aspirations, and pedagogy remain underexplored, contested, and somewhat opaque. This volume brings together sixteen interviews with leading economists to understand what heterodox economics is. How and why does an economist become heterodox? In which way do heterodox economists see themselves as ‘different’ from mainstream economics? The interviews shed light on what problems heterodox economists perceive in the mainstream; elucidate the different contexts under which they operate in higher education; and provide insights on their ontology and methodology. The reader will also find answers to the following questions about the nature and state of heterodox economics: Do heterodox economists have particular intellectual journeys, motives and aspirations? Is this reflected in their teaching practices and strategies to achieve social change? What is the relation between heterodox economics and the humanities and arts? Appealing to a diverse audience, including philosophers, sociologists and historians of economic thought, the book will be of great interest to anyone keen to find out more about the internal discussions in the economics discipline.
Inequality And Uneven Development In The Post Crisis World
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Author : Sebastiano Fadda
language : en
Publisher: Taylor & Francis
Release Date : 2017-07-14
Inequality And Uneven Development In The Post Crisis World written by Sebastiano Fadda and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-14 with Business & Economics categories.
In the years following the financial crash, two issues have become central to the debate in economics: inequality and the uneven nature of sustainable development. These two issues are at the core of this book which aims to explain three key questions: why inequality has increased so much in the last three decades; why most advanced economies are stagnating or are experiencing moderate economic growth; and why, even where economic growth is occurring, the quality of that growth is questioned. Inequality and Uneven Development in the Post-Crisis World is divided into three parts. The first part concerns the theoretical aspects of inequality, and ethical issues regarding economics and equality. The second part explores empirical evidence and policy suggestions drawing on the uneven levels of development and unprecedented levels of inequality experienced among advanced economies in the context of global financial capitalism. The third part focuses on sustainable development issues such as full employment, social costs of global trade liberalization, environmental sustainability and ecological issues. Along with inequality these issues are central for capitalism and for economic development. This volume is of interest to those who study political economy, sustainable development and social inequality.
Evolutionary Political Economy In Action
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Author : Hardy Hanappi
language : en
Publisher: Taylor & Francis
Release Date : 2017-01-06
Evolutionary Political Economy In Action written by Hardy Hanappi and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-06 with Business & Economics categories.
The world is in turmoil, the dynamics of political economy seem to have entered a phase where a ‘return to normal’ cannot be expected. Since the financial crisis, conventional economic theory has proven itself to be rather helpless and political decision makers have become suspicious about this type of economic consultancy. This book offers a different approach. It promises to describe political and economic dynamics as interwoven as they are in real life and it adds to that an evolutionary perspective. The latter allows for a long-run view, which makes it possible to discuss the emergence and exit of social institutions. Evolutionary Political Economy in Action consists of two parts. Part I provides a broad range of issues that show how flexible evolutionary political economy can handle acute policy problems in Europe: should Europe support the revived build-up of NATO forces on its Eastern border, or should it rather aim at economic cooperation with Russia? How can democracy for a whole continent be reasonably further developed; what is the role of economies of scope? Do the new protest movements against inequality provide alternatives? What could a vision for a unified, socioecological Europe look like? Part II takes a closer look at Cyprus and Greece, where the problems of the financial crisis have been exacerbated by the ‘solutions’ imposed on them by the troika. In all of these essays, the authors demonstrate the unique insights which can be garnered from adopting an evolutionary political economy approach and consider the real solutions that such an approach points towards. This volume is extremely useful for social scientists in the fields of economics, politics and sociology who are interested to learn what evolutionary political economy is, how it proceeds and what it can provide.
Evolutionary Economics
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Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2023-12-23
Evolutionary Economics written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-23 with Business & Economics categories.
What is Evolutionary Economics There is a school of thinking in economics known as evolutionary economics, which is influenced by the field of evolutionary biology. It regards economic growth as a process rather than an equilibrium and places an emphasis on change, innovation, complex interdependencies, self-evolving systems, and limited rationality as the drivers of economic evolution. Despite the fact that it is not defined by a clear set of principles and that it brings together a variety of methods, it treats economic development as a process. The support for the evolutionary approach to economics in recent decades appears to have initially originated as a criticism of the mainstream neoclassical economics. However, by the beginning of the 21st century, it had become a part of the economic mainstream itself for the first time. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Evolutionary economics Chapter 2: Neoclassical economics Chapter 3: Thorstein Veblen Chapter 4: Institutional economics Chapter 5: Rational agent Chapter 6: Sociocultural evolution Chapter 7: Heterodox economics Chapter 8: Donald T. Campbell Chapter 9: Geoffrey Hodgson Chapter 10: Cultural selection theory Chapter 11: Giovanni Dosi Chapter 12: European Association for Evolutionary Political Economy Chapter 13: Schools of economic thought Chapter 14: Institutionalist political economy Chapter 15: Oded Galor Chapter 16: Technology dynamics Chapter 17: Universal Darwinism Chapter 18: Non-equilibrium economics Chapter 19: Ugo Pagano Chapter 20: Edward J. Nell Chapter 21: Cultural evolution (II) Answering the public top questions about evolutionary economics. (III) Real world examples for the usage of evolutionary economics in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of evolutionary economics. (eBook only). Who will benefit Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of evolutionary economics.
Innovation Complexity And Economic Evolution
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Author : Pier Paolo Saviotti
language : en
Publisher: Taylor & Francis
Release Date : 2023-03-23
Innovation Complexity And Economic Evolution written by Pier Paolo Saviotti and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-23 with Business & Economics categories.
If evolutionary economics is to compete with neoclassical economics as a general-purpose economic theory, it needs to incorporate new aspects of socioeconomic reality, such as institutions of all types, including technical, scientific, and political. Furthermore, evolutionary economics needs to be able to provide policy implications at least as interesting as those of neoclassical economics. Thus, as this book argues, evolutionary economics must become evolutionary political economy. Innovation plays a central role in the book, but not in the sense of providing a technologically determinist interpretation. Rather, the book argues that innovations do not emerge in isolation from other components of socioeconomic systems but coevolve with institutions, infrastructures and organizational forms. This concept of coevolution is absolutely central in the book and provides a link with theories of complexity. In addition to providing an epistemological basis for evolutionary economics, the link with complexity and coevolution offers the connection with evolutionary political economy. Innovations and technologies do not emerge and develop in an institutional vacuum, but interact with existing institutions and reshape them, in addition to inducing the formation of new institutions. In this process, technologies and institutions reinforce each other providing a potential mechanism to transform socioeconomic systems. The book also explores the policy implications of these innovative societies, where wealth is created but unequally distributed. The book is addressed to open-minded economists, social scientists who are dissatisfied with the approach of neoclassical economics, technologists and policy makers.
Policy Implications Of Evolutionary And Institutional Economics
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Author : Claudius Grabner
language : en
Publisher: Routledge
Release Date : 2018-04-30
Policy Implications Of Evolutionary And Institutional Economics written by Claudius Grabner and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-30 with categories.
This collection is inspired by the coming retirement of Professor Wolfram Elsner. It presents cutting-edge economic research relevant to economic policies and policy-making, placing a strong focus on innovative perspectives. In a changing world that has been shaken by economic, social, financial, and ecological crises, it becomes increasingly clear that new approaches to economics are needed for both theoretical and empirical research; for applied economics as well as policy advice. At this point, it seems necessary to develop new methods, to reconsider theoretical foundations and especially to take into account the theoretical alternatives that have been advocated within the field of economics for many years. This collection seeks to accomplish this by including institutionalist, evolutionary, complexity, and other innovative perspectives. It thereby creates a unique selection of methodological and empirical approaches ranging from game theory to economic dynamics to empirical and historical-theoretical analyses. The interested reader will find careful reconsiderations of the historical development of institutional and evolutionary theories, enlightening theoretical contributions, interdisciplinary ideas, as well as insightful applications. The collection serves to highlight the common ground and the synergies between the various approaches and thereby to contribute to an emerging coherent framework of alternative theories in economics. This book is of interest to those who study political economy, economic theory and philosophy, as well as economic policy.
Sectors Matter
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Author : Stefan Mann
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-06-10
Sectors Matter written by Stefan Mann and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-06-10 with Business & Economics categories.
Although all economic activities take place in sectors, economists often devote little attention to differences between and characteristics of sectors. This book tries to show that mesoeconomics, the economic exploration of sectors and groups, is a useful instrument of analysis between microeconomics (the analysis of markets) and macroeconomics (the analysis of economies). In order to do so, economists and social scientists from related disciplines and coming from Europe, Australia and Asia, demonstrate that sectors matter for economic development and the formation of societies. The book includes chapters with rigorous economic analysis, outlooks on economic history, and case studies in order to show the relevance of sectoral issues, this broad range of content making it likely the most comprehensive book on mesoeconomics to date.
Conceptualising An Alternative Political Economy Of Sustainability
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Author : Arturo Hermann
language : en
Publisher: Taylor & Francis
Release Date : 2025-06-26
Conceptualising An Alternative Political Economy Of Sustainability written by Arturo Hermann and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-06-26 with Business & Economics categories.
Engagement with and between a plurality of progressive, non-neoclassical traditions is an important step in fostering a more capacious understanding of sustainability ― both as a concept and as a political objective. To that end, this book provides a far-reaching overview of the development of radical ecology and heterodox economics on the issues of sustainability, highlighting the presence of different but largely complementary perspectives and arguing that greater engagement between these schools of thought is required to help formulate viable alternatives to the prevailing neoliberal ideology. The chapters of this volume demonstrate, from various theoretical perspectives of radical ecology and heterodox economics (in particular, degrowth, ecosocialism, original institutional economics, theories of complex systems), the conceptual, ontological, epistemological and political economic limitations of existing mainstream accounts of sustainability, grounded, as they are, in neoclassical environmental economics. The international cast list of contributors argues in favour of heterodox theories to inform an alternative political economy of socially just sustainability by considering how these are grounded in a more realistic, holistic and critical economics. Each chapter in this section examines how the schools of thought under consideration articulate the political economic foundations of "sustainability" and, in turn, what these mean in-practice over how, in policy action, sustainability should be achieved. This volume is essential reading for anyone concerned with a viable alternative conception of sustainable economy, and in particular with readers from all strands of radical ecology and heterodox economics, policy makers, institutions and organisations dealing with the issues of sustainability.