Technological change is not only a determinant of growth but is also a pivotal factor in international competition and the modernization of an economy. In one of the most in-depth and detailed studies of its kind, George Korres analyzes the macroeconomic and the microeconomic factors influencing the economics of innovation and the economic relations between technology, innovation, knowledge and productivity. In particular, this book examines both the theoretical framework and the applications for empirical results. This second edition contributes updated figures and estimations for technical change from EU member states and features new subjects, including growth models, productivity models, production function models and non-parametric models. In one of the most in-depth and detailed studies of its kind, this book captures all the existing contemporary techniques in the theoretical fields as well as the empirical applications of the models.
A growth-oriented economy challenges the inclusion of sustainability parameters, as the very elements that promote sustainability can appear incongruous with economic growth.SDG8 - Sustainable Economic Growth and Decent Work for All addresses how sustainability can be included within the present economic framework and surfaces the significance of behavioural change in the attainment of sustainability. The book highlights that successful implementation of SDG8 will rely on culturally sensitive economic policy to ensure that developing countries retain the ability to develop economic systems that align to both the SDGs and cultural norms. SDG8 - Sustainable Economic Growth and Decent Work for Alldefines the concept of economic growth and decent work, and ultimately, provides the reader with the opportunity to develop a critical analytical perspective with respect to the objectives and attainment of SDG8. Concise Guides to the UnitedNations Sustainable Development Goalscomprises 17 short books, eachexamining one of the UN Sustainable Development Goals. The series provides anintegrated assessment of the SDGs from economic, legal, social, environmentaland cultural perspectives.
Regional issues are increasingly debated across the social sciences. In an age of globalization, the region has come to matter perhaps more than before. In business, companies orient themselves to engage in regional environments to build capabilities and create critical mass in their vicinity. In the world of policy, almost one-third of the EU budget is spent on regional policy. Yet in spite of this the differences between regions that do well and those that do not are increasing in both Europe and the United States. In recent years, evolutionary economic geography has done much to create a framework to inform regional policy and academic work. Using its insights, Martin Henning explores why economic growth and transformation is an essentially regionally based and spatially dependent process. The book offers an accessible introduction to the core ideas involved in understanding the dynamics of regional economies and draws on case studies to illuminate these ideas in practice.
Looking for ways to handle the transition to a digital economy Robots, artificial intelligence, and driverless cars are no longer things of the distant future. They are with us today and will become increasingly common in coming years, along with virtual reality and digital personal assistants. As these tools advance deeper into everyday use, they raise the question--how will they transform society, the economy, and politics? If companies need fewer workers due to automation and robotics, what happens to those who once held those jobs and don't have the skills for new jobs? And since many social benefits are delivered through jobs, how are people outside the workforce for a lengthy period of time going to earn a living and get health care and social benefits? Looking past today's headlines, political scientist and cultural observer Darrell M. West argues that society needs to rethink the concept of jobs, reconfigure the social contract, move toward a system of lifetime learning, and develop a new kind of politics that can deal with economic dislocations. With the U.S. governance system in shambles because of political polarization and hyper-partisanship, dealing creatively with the transition to a fully digital economy will vex political leaders and complicate the adoption of remedies that could ease the transition pain. It is imperative that we make major adjustments in how we think about work and the social contract in order to prevent society from spiraling out of control. This book presents a number of proposals to help people deal with the transition from an industrial to a digital economy. We must broaden the concept of employment to include volunteering and parenting and pay greater attention to the opportunities for leisure time. New forms of identity will be possible when the "job" no longer defines people's sense of personal meaning, and they engage in a broader range of activities. Workers will need help throughout their lifetimes to acquire new skills and develop new job capabilities. Political reforms will be necessary to reduce polarization and restore civility so there can be open and healthy debate about where responsibility lies for economic well-being. This book is an important contribution to a discussion about tomorrow--one that needs to take place today.
They evaluate such proposals as a basic income, universal social services, and investments that address key global challenges and create new jobs.Contributors:Vandana Chandra, Mignon Duffy, Dieter Ernst, Vincent Ferraro, Martin Ford, Juliana Martinez Franzoni, Irmgard Nubler, Robert Pollin, David Rueda, Diego Sanchez-Ancochea, Guy Standing, Stefan Thewissen