Economics Books

Book SynopsisShipping flows â maritime âfootprintsâ â remain underexplored in the existing literature despite the crucial importance of freight transport for global trade and economic development. Additionally, decision-makers lack a comprehensive view on how shipping flows can be measured, analyzed, and mapped in order to support their policies and strategies. This interdisciplinary volume, drawing on an international cast-list of experts, explores a number of crucial issues in shipping data estimation, construction, collection, mining, analysis, visualization, and mapping. Advances in Shipping Data Analysis and Modeling delivers several key messages. First, that in a world of just-in-time delivery and rapid freight transit, it is important to bear in mind the long-term roots of current trends as well as foreseeable future developments because shipping patterns exhibit recurrent, if not cyclical and path-dependent, dynamics. Second, shipping flows are currently often understood at the miTable of ContentsForewordCHAPTER 1Introduction: taking the pulse of world trade and movementCésar DUCRUETPart 1: Connectivity analysesCHAPTER 2Winds and maritime linkages in Ancient GreeceRay RIVERS, Tim EVANS and Carl KNAPPETTCHAPTER 3Reconstituting the maritime routes of the Roman EmpirePascal ARNAUDCHAPTER 4Ship logbooks help to understand climate variabilityRicardo GARCÍA-HERRERA, David GALLEGO, David BARRIOPEDRO and Javier MELLADOCHAPTER 5Complex network analysis of cross-strait container flowsLie-Hui WANG, Yan HONG, and Yushan LINCHAPTER 6Liner shipping forelands of Portugal’s main portsTiago A. SANTOS and Carlos GUEDES SOARESCHAPTER 7The complex network of coastal shipping in BrazilCarlos César RIBEIRO SANTOS, Marcelo DO VALE CUNHA, Hernane Borges DE BARROS PEREIRACHAPTER 8Intra vs. extra-regional connectivity of the Black Sea port systemKateryna GRUCHEVSKA, Theo NOTTEBOOM, and César DUCRUETCHAPTER 9Maritime connections and disconnections in a changing ArcticMia BENNETTPart 2: Geospatial analysesCHAPTER 10GIS-based analysis of US international seaborne trade flowsGuoqiang SHENCHAPTER 11Vessel tracking data usage to map Mediterranean flowsAlfredo ALESSANDRINI, Virginia FERNANDEZ ARGUEDAS, Michele VESPECHAPTER 12Geovisualizing the sail-to-steam transition through vessel movement dataMattia BUNEL, Françoise BAHOKEN, Cé

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Book SynopsisEconomists, historians and social scientists have offered a variety of conflicting answers to the issue of the beginnings of capitalism and these deviating answers imply different conceptualizations of what capitalism actually is. This book provides a simultaneous inquiry into the origins of capitalism as well as provides a theoretical treatise on capitalism.The Origins of Capitalism as a Social System explores the line between what is and is not capitalism, (re)producing a theory of capitalism as a system of class domination and exploitation. Part I of the book focuses on the monetary theory of value and capital developed by Karl Marx, while at the same time critically reviews an array of economic and historical literature, both Marxist and non-Marxist. Following this, Part II expounds the first emergence of capitalism in Venice. It highlights the historical contingencies that made capitalism in the Venetian society possible, as well as the structural elements of the capitalTrade Review"In this grand style reconstruction of the genesis of capitalism, Milios brings together Marx, Braudel, Weber, Lenin, and his own analysis of ‘money-begetting’ modes of production, under the aegis of the Althusserian ‘aleatory encounter’ of social forces. In a path-breaking concrete analysis, he invents the Venetian Paradigm of decalage between financialization and proletarianization. It is impressive, convincing, and surprisingly actual.", Etienne Balibar, co-author of Reading Capital"The publication of this book is a rather significant moment in the history of reflections on capitalism, and moreover a turning point in the history of the transformative present. Raising yet once again the question of what capitalism as a system actually is, John Milios reassembles his subject of study, traversing centuries and places in history so as to identify and discern heterogeneous practices being objectivised – or not – in the name of capitalism, ultimately establishing a genealogy of a ‘capitalist state, beyond national territorialisation’. This book, or shall we dare say this ‘machine-book’, offers the bizarre completeness one might feel when reading an important book: full and empty at the same time.", Marios Emmanouilidis, Independent researcher"A fascinating book that provides us with an exciting new perspective on the origins of capitalism. John Milios asks more precisely than usual what distinguishes capitalism as a social system from precapitalist societies. Taking seriously that the origin of capitalism is a singular process, he avoids any deterministic approach to analyzing history. The – historically surprising – ascent of Venice as a leading commercial and colonial power during the 13th and 14th centuries, with its rather special form of original accumulation towards the end of the 14th century, is demonstrated to be a capitalist social formation which practically introduced capitalism to Western Europe. This book really provides us with a fundamental and exciting new turn in the long-lasting discussion about the origins of capitalism.", Michael Heinrich, Author of An Introduction to the three Volumes of Karl Marx’s Capital.Table of ContentsAcknowledgements, Introduction, Part I Capitalism and its origins: the theoretical context, 1 Marx’s notion of capitalism: a synoptic account, 2 Marx’s two approaches to the genesis of capitalism: the ‘productive forces - relations of production dialectic’ vs. ‘so-called original accumulation’, 3 Early forms of capitalism and wage labour: Lenin’s polemic against the Narodniks, 4 Capitalism and the agrarian sector: Karl Kautsky’s theoretical intervention, 5 Post-Second World War Marxist approaches to the ‘transition to capitalism’ question, 6 Non-Marxist approaches to the origins of capitalism, 7 Modes of production and the pre-capitalist money-owner, Part II Venice and the Mediterranean: a discourse on the birth of capitalism, 8 From a Byzantine exarchate to a major colonial power in the Mediterranean: a historical sketch of the rise of Venice up to 1204, 9 The Venetian social formation until the end of the thirteenth century: an unconsummated process of original accumulation, 10 War economics and the ascent of capitalism in the fourteenth century, Part IΙΙ After the encounter took hold: the reproduction of capitalism on an expanded scale, 11 Venice alongside the new capitalist powers, 12 Political power and social cohesion, Bibliography, Index

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Book SynopsisWith contributions from international scholars of marketing and consumer studies, this renowned text engages directly with a range of contemporary themes, including: The importance of arts consumption and its socio-cultural, political, and economic dimensions The impact of new technologies, platforms, and alternative artforms on the art market The importance of the aesthetic experience itself and how to research it The value of arts-based methods The art versus commerce debate The artist as entrepreneur The role of the arts marketer as market-maker This fully updated new edition covers digital trends in the arts and emerging technologies, including virtual reality, streaming services, and branded entertainment. It also broadens the scope of investigation beyond the West looking to film in emerging markets such as China, music in Sub-Saharan Africa, and indigenous art in Australia. Alongside in-depth theoreTrade ReviewMarketing the Arts: Breaking Boundaries is a breakthrough volume that serves as an important introduction for and update on the state of the field. The editors have succeeded in gathering a distinctive and diverse set of contributors who provide thoughtful reflections on the multitude of interactions between art and the market. Full of unexpected insights. Jonathan Schroeder, William A. Kern Professor, Rochester Institute of Technology, USA This second edition does important work for the field of arts marketing because it responds positively to broader demands for the social sciences to decolonise themselves and to address urgent progressive issues. This book, therefore, marks a signal moment for the field of Arts Marketing as its priorities shift. It is a necessary book and presents us with essential reading. Alan Bradshaw, Professor of Marketing, Royal Holloway, University of London, UKMarketing the Arts is, as the title suggests, a truly boundary breaking text. The cases and methods are wide ranging, topical and critical in their analysis, tackling such subjects as social justice to entrepreneurship. The authors do not just talk about the arts, but illustrate how the arts – dance, poetry, drawing, literature, can be used as tools for investigation. It is lively in its presentation and should be a valuable resource for students of marketing, the arts, media studies, sociology and arts management. A genuinely engaging read.Christina Goulding, Professor of Marketing, University of Birmingham, UKI am delighted to learn about a new edition of Marketing the Arts edited by Finola Kerrigan and Chloe Preece. These editors have expanded the themes provided by the now-classic earlier edition to include a broadened geographical coverage (China, Nigeria, Australia); managerial applications (case studies, detailed illustrations); and attention to such inherently intertwined themes as the role of aesthetic experience, the art-versus-commerce tension, and the branding of artistic creations. Students of Arts Marketing will again benefit greatly from the insights provided. And, for those who favor food-related metaphors, "dessert" appears in the form of a delicious essay on Ernest Hemingway by the masterful prose stylist, Stephen Brown. Morris B. Holbrook, W. T. Dillard Professor Emeritus of Marketing, Columbia University, US Table of ContentsIntroduction: Marketing the Arts- Breaking Boundaries 1. Arts Marketing, Social Justice Activism, and Government Messaging in the Age of Social Media 2. Arts Marketing & Entrepreneurship – Insights from the Nigerian Music Industry 3. Marketing Nigerian Films 4. Marketing art films in contemporary China: Between the rock of politics and the hard place of economy 5. Researching artistic production: The material turn in arts marketing research 6. Chapter 6: The Marketing of the Arts in the Age of Curatorial Production 7. Music Streaming and Surveillance Capitalism 8. Music festivals and the everyday nature of extraordinary experiences 9. Selling Secrets: the role of 'elusivity' in the liminoid invitations of immersive theatre 10. Consuming Cuba through dance: an embodied ethnography of Salsa 11. Poetic orientation for creating and writing 12. Drawing with women: ethical considerations from an art-based project on domestic violence 13. Accounting for the Selection of Exhibits: Examining the Organisation of Gallery Talks as a Marketing Activity 14. The Many Faces of Indigenous Art: Indigenous Art Market and Decolonizing Perspectives 15. Marketing through Art – The Case of Braded Entertainment 16. Virtual Reality, Film Marketing and Value 17. For Sale, Baby Shoes, Never Worn:What Has Hemingway Ever Done For Us?

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Book SynopsisThe definitive guide to the graphic presentation of information.Trade Review"An essential reference for anyone who needs to effectively convey quantitative information using graphs. Everyone will learn something from reading this book." -- Joseph Tracy, executive vice president and director of research, Federal Reserve Bank of New York"Dona Wong’s outstanding new book artfully blends lessons on data analysis and graphic design. She shows us how to make our complex, confusing graphs and presentations both simple and powerful." -- Peter Tufano, Coleman Professor of Financial Management, Harvard Business School"Dona Wong’s professional advice advances the art of information graphics." -- Gene Zelazny, director of visual communications, McKinsey & Company"We live in an increasingly data-driven world, and Dona Wong does a masterful job of explaining how to make data come alive and tell the truth in an engaging way." -- Mark Zandi, chief economist, Moody’s Economy.com

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Book SynopsisThe past decade has seen increasing focus on the importance of information and knowledge in economic and social processes, the so-called ''knowledge economy''. This is reflected in the popularity amongst practicing managers and organizational theorists of notions of learning, sense-making, knowledge creation, knowledge management and intellectual capital in organizations and more recently, of emotional intelligence as an important management skill. This insightful book: argues that the information processing view of knowledge creation held by systems thinkers is no longer tenable develops the alternative perspective of Complex Responsive Processes of relating, drawing on the complexity sciences as a source for analogies with human action places self-organizing interaction at the centre of the knowledge creating process in organizations. Learning and knowledge creation are seen as qualitative processes of power relating that are emotional as welTable of ContentsList of illustrations, Series preface, Acknowledgements, 1. Introduction: can learning and knowledge creation in organizations really be managed?, Part I. The foundations of mainstream views on learning and knowledge creation in organizations: systems thinking, 2. Mainstream thinking about learning and knowledge creation in organizations, 3. Different levels of learning and knowledge creation in organizations: the individual and the social, Part II. Toward a complexity perspective: the emergence of knowledge in complex responsive processes of relating, 4. The emergence of the individual and the social in communicative interaction, 5. Communicative action in the medium of symbols, 6. The organization of communicative action: rule-based or self-organizing knowledge?, 7. The emergence of enabling constraints: power relations and unconscious processes, 8. Organization as communicating in the living present: how knowledge emerges in complex responsive processes of relating, Part III. Systems thinking and the perspective of complex responsive processes: comparisons and implications, 9. Comparing systems thinking and the perspective of complex responsive processes, 10. The organizational implications of complex responsive processes of knowledge creation, Appendix: Autopoiesis: an inappropriate analogy for human action, Bibliography, Index

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Book SynopsisAcross the western world, there is a growing awareness of the importance of workplace learning, seen at the level of national and international policy, as well as in the developing practices of employers, training providers and Trades Unions. Authoritative, accessible, and appealing, it presents key findings on work-based learning, bringing together conclusions and investigating a variety of workplace contexts to show how such learning can be improved. An extensive practical treatment, brought to life with illustrations from both the public and private sectors, this book has a unique combination of breadth of coverage and depth of understanding.Grounded in rich and detailed empirical studies, this volume challenges conventional thinking. An important new addition to the Improving Learning series, it focuses on guidelines for improving learning by marrying the very best theory and practice to provide an accessible and authoritative guide to workplace learninTrade Review'The book's main theme is to encourage and develop workplace learning and frameworks that can be applied to continuing professional development. It is therefore invaluable for all nursing professionals, as well as those working in human resources, providers of work-based learning and health policy makers.' - Hazel Courtney, learning and development manager, Manchester Primary Care Trust for Nursing Standards'This book has the great strength of being based on an extremely rich and detailed foundation of research data. Because of this, it is able to firmly locate workplace learning within the wider settings of the employment relationship and widely differing organisational strategies. It should be required reading for all involved in public policy on skills.' - Professor Ewart Keep, Deputy Director of the ESRC Centre on Skills, Knowledge and Organizational Performance, University of Cardiff, UK'Improving Workplace Learning represents one of the most inclusive approaches yet to understanding these complex processes. The book combines attention to macro-social and situational organizational conditions with sensitivity to individual workers’ often conflicting experiences and dispositions. It deserves the attention of all interested in practical job redesign to enhance both workplace learning and fulfilling work.'- David W. Livingstone, Canada Research Chair in Lifelong Learning and Work as well as Head of the Centre for the Study of Education and Work at the Ontario Institute for Studies in Education, University of Toronto, Canada 'Karen Evans et al gives me a confidence, as an industrialist, that ‘high performance work organisations’ can be developed from within to raise the quality and profile of integrated learning that will make a difference to business and public organisations. There are opportunities and benefits in the research covered in this book for all employees, employers, colleges, universities and private providers.' - Alan Hearsum, Chief Executive of the Glass Training Board, Pilkington; Autoglass 'Improving Workplace Learning certainly improves the level of debate around work based learning at a time when the debate is about to take centre stage. It contributes extensively to this under-researched area, it provides a very useful framework within which such design can be informed.'-Keith Pond, Loughborough University, UK and International Journal of Management EducationTable of Contents Part 1: 1. Workplace Learning: Perspectives and Challenges Part 2: 2. Expansive and Restrictive Learning Environments 3. Applying the Expansive Restrictive Framework 4. Learner Biographies, Workplace Practices and Learning 5. How Individuals Influence Workplace Practices, and Work can Change Worker Dispositions and Identities 6. Workplace Learning: The Direct and Indirect Impact of Policy Interventions 7. The Direct and Indirect Impact of Policy Interventions - Case Studies from the Research Part 3: 8. Improving Workplace Learning: An Integrated Approach. Appendix on Research Methodology.

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Book SynopsisPraise for Construction Project Management by Peter Fewings: The complexity of the subject matter has at least been reinforced in an informative document with a large helping of common sense ... written in a comprehensive and well structured manner. Building Engineer MagazineEthics are not an optional extra for the professional in the built environment sector. Whether you''re a civil engineer, an architect or a construction project manager, an understanding of the ethical context of your work is an institutional requirement and a commercial demand, not to mention a matter of personal pride.Sometimes, as a construction professional you will be faced with complicated dilemmas, as commercial responsibilities clash with health and safety, environmental or competition concerns. Peter Fewings brings together practical construction project management experience with ethical theory to establish how best to deal with difficult issues.Table of ContentsPart One: Principles and Issues Introduction 1. Development of an Ethical Framework 2. Dilemmas and Decision Making 3. Corporate Social Responsibility 4. Professional Codes 5. Human Resource Ethics 6. Health and Safety 7. Planning 8. Sustainability 9. Trust and Relationships 10. Bribery and Corruption 11. Good Faith Part Two: Industry Survey Case Studies 12. Corporate Social Responsibility 13. Partnering 14. Collusion 15. Project Agreements vs. False Employment 16. Health and Safety 17. Planning 18. Training 19. Quality 20. Sustainable Contracting 21. Trust and Relationships 22. Making it Work

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Book SynopsisIn the new knowledge-intensive economies' Intellectual assets increasingly play a key part on balance sheets. There is an increasing global awareness that in order to promote innovation and the growth of the economy, businesses must fully recognise and exploit their intellectual assets. A company's ability to innovate rapidly and successfully is now regarded as essential and most breakthroughs are made by Small and Medium-sized Enterprises (SMEs), usually with no in-house legal professionals to help them. It is essential that those working with or creating intellectual property rights (IPR) are aware of the basics of Intellectual Property Law. Intellectual Property Asset Management provides business and management students at all levels with an accessible-straight-forward explanation of what the main Intellectual Property rights are and how these rights are protected.  Locating the subject squarely in a business context and using case studies and examples throughout drawTable of Contents1. Introduction and Nature of IP. 2. Copyright. 3. Confidentiality. 4. Patents. 5. Registered and Unregistered Design. 6. Business goodwill and reputation. 7. Exploitation of IP. 8. Intellectual property Audit [Housekeeping]. 9. IP and employees. 10. What if IP rights are infringed? 11. Competition law and Intellectual property

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Book SynopsisA work of social theory. It contributes to the way for a balanced consideration of some of the most important social movements.Trade Review'... a work with which no one who professes any degree of information on sociology or economics can afford to be unacquainted.'New English WeeklyTable of ContentsIntroduction. Part I: The Marxian Doctrine. ; Prologue. ; I. Marx the Prophet. ; II. Marx the Sociologist. ; III. Marx the Economist. ; IV Marx the Teacher. ; Part II: Can Capitalism Survive? ; Prologue. ; V. The Rate of Increase of Total Output. ; VI. Plausible Capitalism. ; VII. The Process of Creative Destruction. ; VIII. Monopolistics Practices. ; IX. Closed Season. ; X. The Vanishing of Investment Opportunity. ; XI. The Civilization of Capitalism. ; XII. Crumbling Walls. ; XIII. Growing Hostility. ; XIV. Decomposition. ; Part III: Can Socialism Work? ; XV. Clearing Decks. ; XVI. The Socialist Blueprint. ; XVII. Comparison of Blueprints. ; XVIII. The Human Element. ; XIX. Transition. ; Part IV: Socialism and Democracy. ; XX. The Setting of the Problem. ; XXI. The Classical Doctrine of Democracy. ; XXII. Another Theory of Democracy. ; XXIII. The Inference. ; Part V: A Historical Sketch of Socialist Parties. ; Prologue. ; XXIV. The Nonage. ; XXV. The Situation that Marx Faced. ; XXVI. From 1875 to 1914. ; XXVII. From the First to the Second World War. ; XXVIII. The Consequences of the Second World War. ; Preface to the First Edition, 1942. ; Preface to the Second Edition, 1946. ; Preface to the Third Edition, 1949. ; The March Into Socialism. ; Index.

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Book SynopsisWith a new foreword by Charles Lemert'Its greatness...lies in ceaseless and varied use of the money form to unearth and conceptually reveal incommensurabilities of all kinds, in social reality fully as much as in thought itself.' - Fredric JamesonIn The Philosophy of Money, Georg Simmel puts money on the couch. He provides us with a classic analysis of the social, psychological and philosophical aspects of the money economy, full of brilliant insights into the forms that social relationships take. He analyzes the relationships of money to exchange, human personality, the position of women, and individual freedom. Simmel also offers us prophetic insights into the consequences of the modern money economy and the division of labour, in particular the processes of alienation and reification in work and urban life. An immense and profound piece of work it demands to be read today and for years to come as a stunning account of the meaning, use and culture of money.Georg Simmel (1858-1918) was born in Berlin, the youngest of seven children. He studied philosophy and history at the University of Berlin and was one of the first generation of great German sociologists that included Max Weber. Trade Review `We should all be grateful for this translation. It must have been extremely hard work, but it shows no trace of it. Indeed, it positively sparkles.' - Alan Ryan, The Guardian 'Its greatness...lies in ceaseless and varied use of the money form to unearth and conceptually reveal incommensurabilities of all kinds, in social reality fully as much as in thought itself.' - Fredric JamesonTable of ContentsAcknowledgements Foreword to The Routledge Classics Edition Preface to the Third Edition Introduction to the Translation Analytical Part 1. Value and Money 2. The Value of Money as Substance 3. Money in the Sequence of Purposes Synthetic Part 4. Individual Freedom 5. The Money Equivalent of Personal Values 6. the Style of Life Appendix: The Constitution of the Text

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Book SynopsisEfforts to combine the outstanding economic performance in the decades following the Second World War with social security appear to be endangered half way through the first decade of the 21st century. This book draws together an international team of contributors, including Douglass North, Harold Demsetz and Michael Piore to assess the current world order.Table of ContentsPart 1: Social Institutions and Economic Change Social Institutions and Economic Performance Business Governance and the Institutions of Capitalism Understanding the Process of Economic Change Part 2: Varieties of Contemporary Capitalism The Flexibilities and Constraints of Contemporary Capitalism The Neo-Liberal Ideal and the Reality of Workplace Practice: Shifting Axes of Political Mobilization and New Regimes of Workplace Governance in the United States Adam Smith in Beijing: States, Markets, and Capitalism East and West The European Model of "Social" Capitalism: Can it Survive European Integration? Part Three: Capitalism and Social Critique in the Era of Globalization Globalization and Loyalty: Who are we? Boom, Bubble, Bust: The US Economy Today The Role of Criticism in the Dynamics of Capitalism: Social Critique vs. Artistic Critique Globalization and Violence

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Book SynopsisIn recent years there has been a weight of evidence suggesting that engagement has a significantly positive impact on productivity, performance and organisational advocacy, as well as individual wellbeing, and a significantly negative impact on intent to quit and absenteeism from the work place.This comprehensive new book is unique as it brings together, for the first time, psychological and critical HRM perspectives on engagement as well as their practical application. Employee Engagement in Theory and Practice will familiarise readers with the concepts and core themes that have been explored in research and their application in a business context via a set of carefully chosen and highly relevant original and case studies, some of which are co-authored by invited practitioners.Written in an accessible manner, this book will be essential reading for scholars in the field, students studying at both undergraduate and postgraduate levels, as well as practitioners iTrade Review'This engagement textbook should be required reading not just for HR students but for all practitioners and people involved in engagement. The editors have compiled an eclectic and informative mix of articles on engagement. The strong academic underpinnings of the book offer the reader research based conclusions and many important questions to consider.' - Employee Engagement Awards for 2013 - Winner of Best Engagement Book 2013Table of ContentsIntroduction Catherine Truss, Kerstin Alfes, Rick Delbridge, Amanda Shantz and Emma Soane Part I: The Psychology of Engagement 1. What is Engagement? Wilmar Schaufeli 2. Engagement in the Context of Positive Psychology Carolyn M. Youssef-Morgan and Kristi M. Bockorny 3. The Antecedents and Drivers of Employee Engagement Eean R. Crawford, Bruce L. Rich, Brooke R. Buckman and Jenny Bergeron 4. Relational Contexts of Personal Engagement at Work William A. Kahn and Emily D. Heaphy Part II: Employee Engagement: The HRM Implications 5. Strategic HRM and Employee Engagement Paul Sparrow 6. HRD and Employee Engagement Brad Shuck and Tonette Rocco 7. Job Design and Employee Engagement Maria Tims and Arnold B Bakker 8. Leadership and Employee Engagement Emma Soane 9. Employee Engagement in a Cultural Context Sebastiaan Rothmann 10. Employee Engagement in Multinational Organizations Clare Kelliher, Veronica Hope-Hailey and Elaine Farndale Part III: Employee Engagement: Critical Perspectives 11. Engagement: A murmuration of objects Tom Keenoy 12. Employee Engagement: Fashionable fad or long-term fixture? David E Guest 13. Employee Voice and Engagement John Purcell Part IV: Employee Engagement in Practice 14. Relevance of Employee Engagement across Cultures from the Perspective of HR Professional Associations Amanda Shantz, Jordan Schoenberg and Christopher Chan 15. Measuring and Understanding Engagement Luke Fletcher and Dilys Robinson 16. Case Studies in Employee Engagement Kerstin Alfes and Selma Suna Yeltekin Leloglu

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Book SynopsisSince the end of the Cold War, the world has been faced with new regional conflicts, terrorism and threats from the proliferation of weapons of mass destruction and from rogue states. The world remains uncertain, unstable and insecure with continued threats to global peace and security. The world economic crisis has also threatened government spending with defence as a candidate for spending cuts. Choices have to be made about the size of a nationâs defence budget, its allocation between nuclear and conventional forces, between equipment and personnel and between air, land and sea forces. Major reductions in defence spending and the challenge of maintaining security with increasingly limited resources will confront the defence budgets of all nations. This book identifies the typical questions raised by economists when studying defence policy, shows how simple economic analysis can be used to answer these questions and provides a critical evaluation of defence policy. ControveTable of ContentsPreface 1. Economics and Defence Policy: An Overview 2. How Do Economists Analyse Defence? 3. The Case for Defence 4. Defence Budgets 5. The Determinants of Defence Expenditure 6. Economics, Politics and Public Choice Analysis 7. Equipment Procurement Policy 8. NATO and Equipment Standardisation 9. The European Union: Defence Markets and Industries 10. The European Defence Technological and Industrial Base 11. Evaluating International Collaborative Projects 12. The UK Defence Industrial Base 13. Personnel Policy 14. The Economics of Military Outsourcing 15. The Economics of the New Security Environment: Terrorism, Conflict, Disarmament and Peace 16. Conclusion

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