As the world becomes more interconnected through travel and electronic communication, many believe that physical places will become less important. But as Mario Polèse argues in The Wealth and Poverty of Regions, geography will matter more than ever before in a world where distance is allegedly dead.
This provocative book surveys the globe, from London and Cape Town to New York and Beijing, contending that regions rise—or fall—due to their location, not only within nations but also on the world map. Polèse reveals how concentrations of industries and populations in specific locales often result in minor advantages that accumulate over time, resulting in reduced prices, improved transportation networks, increased diversity, and not least of all, “buzz”—the excitement and vitality that attracts ambitious people. The Wealth and Poverty of Regions maps out how a heady mix of size, infrastructure, proximity, and cost will determine which urban centers become the thriving metropolises of the future, and which become the deserted cities of the past. Engagingly written, the book provides insight to the past, present, and future of regions.
A deep question in economics is why wages and salaries don't fall during recessions. This is not true of other prices, which adjust relatively quickly to reflect changes in demand and supply. Although economists have posited many theories to account for wage rigidity, none is satisfactory. Eschewing "top-down" theorizing, Truman Bewley explored the puzzle by interviewing—during the recession of the early 1990s—over three hundred business executives and labor leaders as well as professional recruiters and advisors to the unemployed.
By taking this approach, gaining the confidence of his interlocutors and asking them detailed questions in a nonstructured way, he was able to uncover empirically the circumstances that give rise to wage rigidity. He found that the executives were averse to cutting wages of either current employees or new hires, even during the economic downturn when demand for their products fell sharply. They believed that cutting wages would hurt morale, which they felt was critical in gaining the cooperation of their employees and in convincing them to internalize the managers' objectives for the company. Bewley's findings contradict most theories of wage rigidity and provide fascinating insights into the problems businesses face that prevent labor markets from clearing.
Demonstrating that the “will to improve” has a long and troubled history, Li identifies enduring continuities from the colonial period to the present. She explores the tools experts have used to set the conditions for reform—tools that combine the reshaping of desires with applications of force. Attending in detail to the highlands of Sulawesi, she shows how a series of interventions entangled with one another and tracks their results, ranging from wealth to famine, from compliance to political mobilization, and from new solidarities to oppositional identities and violent attack. The Will to Improve is an engaging read—conceptually innovative, empirically rich, and alive with the actions and reflections of the targets of improvement, people with their own critical analyses of the problems that beset them.
This book is the basis for airpower doctrine in the US, and demonstrates how forward looking Gen Mitchell was even though the technology for conducting air operations was in its infancy when it was written. It is essential reading for anyone concerned with airpower history or aerospace doctrine.
William Lendrum "Billy" Mitchell (December 28, 1879 – February 19, 1936) was an American Army general who is regarded as the father of the U.S. Air Force, and is one of the most famous and most controversial figures in the history of American airpower.
Mitchell served in France during the First World War and, by the conflict's end, commanded all American air combat units in that country. After the war, he was appointed deputy director of the Air Service and began to advocate increased investment in air power, claiming this would prove vital in future wars. He particularly stressed the ability of bombers to sink battleships and organized a series of dramatic bombing runs against stationary ships designed to test the idea that attracted wide notice from the public.
He antagonized many in both the Army and Navy with his arguments and criticism and, in 1925, was demoted to Colonel. Later that year, he was court-martialed for insubordination after accusing military chiefs of an "almost treasonable administration of the national defense." He resigned from the service shortly thereafter.
Mitchell received many honors following his death, including a commission by the President as a Major General. He is also the only individual after whom a type of American military aircraft is named: the B-25 "Mitchell."
Are you looking for a career with professional rewards and personal satisfaction? Perhaps you'd like to find meaningful employment in the field of international relations? Working World is the perfect resource for making sound career choices, and is particularly valuable for those interested in exploring a career in international education, exchange, and development.
Sherry Mueller, president emeritus of a large nonprofit organization with an international focus, and Mark Overmann, a young professional on his way up, serve as spirited guidance counselors and offer valuable insight on launching a career, not just landing a job. The two authors—representing contrasting personalities, levels of experience, and different generations—engage in an entertaining dialogue designed to highlight alternative approaches to the same destination: making a difference in the world. With a rich mix of anecdotes and advice, the two authors present their individual perspectives on career development: identifying your cause, the art of networking, the value of mentors, and careers as "continuous journeys." Mueller and Overmann push job seekers to challenge assumptions about what it means to pursue a career in international relations and to recognize that the path to career success is rarely straight.
To help the job seeker chart the best course, Working World provides specific resources including annotated lists of selected organizations, websites, and further reading. Profiles of twelve professionals, from promising young associates to presidents and CEOs, illustrate the book's main topics. Each professional provides insight into his or her career choices, distills lessons learned, and offers practical advice about building a career in international affairs. All of these resources were chosen specifically to help job seekers map the next steps toward the internship, job, or other opportunity that will give shape to the career they envision.
Nobel Prize winning economist and former World Bank Chief Economist, Joseph Stiglitz, has repeatedly discussed the importance of transparency in policymaking at the World Bank and International Monetary Fund. He believes a lack of transparency in the two institutions has lead to bad decisions. Bad decisions at IMF and the World Bank mean real pain for the world’s poor.
There is a perception that “the suits” close the World Bank’s doors to deliberate the fate of earth’s poorest populations and only when the doors are unlocked do people living in poverty learn what has been decided about their future. Meanwhile donations are down. The bank’s critical International Development Association’s funding has dropped dramatically. Managers are discouraged by studies examining the World Bank’s effectiveness. How, they wonder, could such large beneficences have so little impact on poor populations?
Events of the past two years have only increased the stakes. First, rising fuel prices caused a worldwide rise in the price of basic foods. Then the deepest economic downturn since the Great Depression sapped donor nation’s coffers. By the end of the Bush administration in 2009, giving by the USA lagged more than any other wealthy nation.
In 1999, two Bank researchers understood the situation was already on a precipice. World Bank loans had ceased to make significant impact on poverty in many client nations. Certain governments and multi-national corporations were destroying environments and desecrating indigenous cultures, all to achieve short-term gains for a fortunate few.
Demonstrable successes were few, and every World Bank conference became a melee of demonstrators and police. The two researchers asked themselves whether it was possible to open up the institution by increased transparency, improve its accountability, and mute criticism. They decided to launch an internet-based broadcast to disseminate unedited videos of internal discussions and debates. The bank’s culture and bureaucracy, hardened over a half-century, presented them with a formidable foe. Some powerful officials feared the transparency initiative; others withheld public support while standing on the sidelines. The World Bank Unveiled documents this epic struggle. It is the story of a revolution to transform the World Bank and a case study of the power of the Bank to transform people’s lives.
How a group of intellectuals and policymakers transformed development economics and gave Latin America a new position in the world.
After the Second World War demolished the old order, a group of economists and policymakers from across Latin America imagined a new global economy and launched an intellectual movement that would eventually capture the world. They charged that the systems of trade and finance that bound the world’s nations together were frustrating the economic prospects of Latin America and other regions of the world. Through the UN Economic Commission for Latin America, or CEPAL, the Spanish and Portuguese acronym, cepalinos challenged the orthodoxies of development theory and policy. Simultaneously, they demanded more not less trade, more not less aid, and offered a development agenda to transform both the developed and the developing world. Eventually, cepalinos established their own form of hegemony, outpacing the United States and the International Monetary Fund as the agenda setters for a region traditionally held under the orbit of Washington and its institutions. By doing so, cepalinos reshaped both regional and international governance and set an intellectual agenda that still resonates today.
Drawing on unexplored sources from the Americas and Europe, Margarita Fajardo retells the history of dependency theory, revealing the diversity of an often-oversimplified movement and the fraught relationship between cepalinos, their dependentista critics, and the regional and global Left. By examining the political ventures of dependentistas and cepalinos, The World That Latin America Created is a story of ideas that brought about real change.
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