Recognising the regained importance of fiscal policy over the last two decades, this timely book provides much-needed insight into the changing practice of fiscal policy and how it is adapting to the unpredictable nature of the 21st century. Expert academic and practitioner contributors consider the resources which underpin current fiscal policy, assessing its overall effectiveness before outlining the changing priorities –ageing, inequality, climate change- and the financial tools available, and considering the future of fiscal policy in uncertain times.

This insightful book provides a systematic analysis of the development of affluent Western welfare states in this turbulent era. It explores the consequences for welfare states of modern crises such as climate change, the COVID-19 pandemic, and the war in Ukraine. Most importantly, it investigates how to prioritize scarce resources in the face of many competing demands and argues that there is an urgent need to improve crisis funding whilst at the same time maintaining provision for vulnerable groups. This title contains one or more Open Access chapters.

This cutting-edge book explores the impact of pandemic shocks and other crises on businesses. Focusing on growing threats to business resilience, it offers innovative strategies to manage financial change and reposition small and medium-sized enterprises (SMEs) and entrepreneurs for success.

This is an open access title available under the terms of a CC BY-NC-ND 4.0 License. It is free to read, download and share on Elgaronline.com. This thoughtful book provides a refreshing, comparative perspective on the future of care homes in our post-pandemic world. Building on more than a decade of collaborative international and interdisciplinary research in Canada, Germany, Norway, Sweden, the UK and the US, it employs a feminist political economy framework to address the key challenges facing care homes in this turbulent era.

Uncovering how women entrepreneurs have navigated adverse situations through innovation and adaptability, WomenÕs Entrepreneurship in a Turbulent Era explores the nuanced experiences of these business owners. It offers valuable insights into women's entrepreneurial efforts in redefining the norms and rules in a rapidly changing world.

This textbook provides a comprehensive overview of monetary policy, banking supervision and financial stability in the euro area. The author uses his professional experience in central banking to provide a thorough understanding of European economics and to explore how the monetary and financial system functions. The book takes into account the profound changes that resulted from crisis developments in recent years, such as the implementation of quantitative easing or the establishment of the Single Supervisory Mechanism (SSM). The author also invites readers to develop their thoughts on alternative policies to shape the monetary and financial system of the future. The textbook is tailor-made for intermediate courses in economics but will also appeal to those preparing a career in central banking or financial regulation.

This incisive book examines how the values of social justice can be protected against attacks from the interacting economic, social, environmental, and health crises of the 21st century. Global contributors outline key elements of a political programme that resists the shift to the right caused by this turbulence through centring fairness, equality, respect and inclusion.

Annotation "This book addresses readers who are interested in economic history and the role of agriculture in economic development. The first part of the book describes agricultural progress in Europe and the USA since 1750, when modern societies began to develop. Although there were significant differences from country to country, agriculture was an engine of growth during the period 1750-1914." "The second part of the book builds a model of the development process. The author emphasises that it is not possible to explain development without looking simultaneously at the resources, technology, institutions and attitudes prevalent in a country."--Jacket.

This book rethinks economic theory and calls for a creative and pragmatic approach to policymaking. It examines what development and sustenance of economic progress mean, and how these may be facilitated. The relevance of this issue has received fresh impetus from the significant changes in the degree and pattern of international economic relations that are unfolding across the world, posing both opportunities and challenges. While globalisation of goods and financial markets may have delivered high growth for some nations, the distribution of the benefits has often been highly unequal, with gains to owners of capital and skills being disproportionately higher compared to that of labour, especially the unskilled. Widening and persistent inequalities have been at the heart of rising polarisation and spread of conflicts that threaten the social fabric. This work emphasises the relevance of a broad policy framework based on building individual capabilities and in line with a human-centric perspective. At the same time, it points out the crucial need to create policy space for macroeconomic stability and to accommodate heterodox influences, especially when conventional wisdom proves inadequate, as starkly demonstrated inter alia during the recent global financial crisis. This festschrift, dedicated to Deepak Nayyar, presents chapters on diverse themes that address the persisting global problems of poverty, inequality and sustaining development. The book will be of great interest to scholars and researchers of economics, development studies, public policy and governance, and also to policymakers, government officials and those in media.

Inspired by the experience of some advanced economies, a number of emerging market economies have recently adopted rules limiting the budget deficit, expenditure level, or indebtedness of the public sector, while others consider them for eventual adoption. This volume brings together policy analysts to discuss the rationale, suitability, and usefulness of fiscal policy rules in emerging market economies. Grouped under three main parts (political economy and macroeconomic setting; design issues at the national level; design issues at the subnational level), the chapters have a practical orientation, based on conceptual grounding.