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Why has Japan's lost decade become the lost two decades? This book attempts to provide a novel perspective on causes of stagnant productivity growth of the Japanese corporate sector during the lost two decades. Exploiting the corporate financial dataset compiled by the...
This book carefully examines the effects of changes in the corporate governance structure on corporate behavior or company performance, using micro-data from listed companies in Japan. The author found that in Japan the introduction of stock options had neither a...
This Brief proposes a new theory of public economics which deemphasizes reliance on the free market and affirms the importance of public goods and services within the context of the democratic process and constitutional governance. Public non-market production makes up...
This volume explores the role of territory in the creation, maintenance and extension of a new type of frontier, the electronic frontier, from a social and economic point of view. It departs from the earlier concepts of borders – state, social, economic,...
This book reconsiders Keynes’s The General Theory of Employment, Interest and Money and establishes a new interpretation. In contrast to the existing models, this book finds that the stickiness in the nominal wage is not crucial for his theory. Moreover, the author has...
This book investigates the relationship between environmental degradation and income, focusing on carbon dioxide (CO2) emissions from around the world, to explore the possibility of sustainable development under global warming. Although many researchers have tackled...
This book presents an in-depth empirical analysis of consumer response to alternative policies for energy conservation. Its main focus is on innovative policy instruments that have attracted increasing attention from academics and energy conservation...
This book investigates the question as to whether technological developments will ultimately mean the end of work and, if so, what the consequences will be. The author addresses this question from the perspective of a technologist well versed in econometrics and...
This book focuses on the key determinants of China’s sustainable development in the general context of globalization from an environmental perspective. The author presents expert analysis on China’s role in the world economy, trade openness, cross-border investments and...
This book provides a fresh look at measuring negative externalities in the urbanization process. Meeting the challenges that come hand-in-hand with the contemporary age of rapid urbanization demands more extensive empirical knowledge. While most urbanization research...
This volume focuses on the integration and globalization of Romania, a prominent emerging market in South-Eastern Europe and one of the major players in the securitization of the Black Sea and the Eastern European border, as both a part of NATO since 2004 and a fully...
This volume examines corruption and provides tools and that can be utilized to combat it and encourage development. Using Romania as a case study, the authors argue that corruption can be reduced via institutional reforms and effective civic education. Describing...
This book aims to explore stability in an international financial system using disequilibrium theory. It examines historical cases of both instability and stability and reviews price-disequilibrium theory to construct a theoretical model for a stable international...
This brief emphasizes the ways in which introductory economics textbooks incorrectly rely on assumptions about the free market, the rational agent model, market fundamentalism, and standard long-standing assumptions in economics, and in doing so disregard the effects of...
This study explores why democratization does not necessarily result in inequality reduction in emerging democracies and reveals the determinants of income inequality in emerging democracies, where the average level of inequality continues to be higher and where there is...
This book investigates at both the micro- and macroeconomic levels the impact of mobile phones on poverty and inequality in developing countries. To gauge the effects of mobile phones on these aspects, the author refers to the standard concept of technology adoption and...
This brief analyzes each of the Major League Baseball (MLB) franchises in the National League and their past regular-season and postseason records and financial performances while operating as competitive, popular, and profitable or unprofitable enterprises. Using...
Unravelling the intricate relationship between economic development and energy consumption, this book proposes an innovative framework for the empirical investigation of the link between the economy and natural resources. It proposes a novel set of indicators to shed...
This brief analyzes each of the Major League Baseball (MLB) franchises in the American League, their past regular-season and postseason records and financial performances while operating as competitive, popular, and profitable or unprofitable enterprises. Using...
This book examines essential problems in the current International Monetary System, especially those concerning the International Standard. To do so, it focuses on the different monetary systems of today’s major currencies – the US dollar, the euro and the CNY, as well...
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