The authors view economic development as an extended process, and their model is formulated in terms of a dualistic structure, which they see as characterizing developing economies: the traditional coexisting with the modern. Their analysis attempts to quantify this structure, and to examine how changes in the balance between tradition and modernity affect technological diffusion, factor prices, the labor market, and the sequence of events in economic growth.
Addressing the big questions about how technological change is transforming economies and societies Rapid technological change—likely to accelerate as a consequence of the COVID-19 pandemic—is reshaping economies and how they grow. But change also causes disruption, creates winners and losers, and produces social stress. This book examines the challenges of digital transformation and suggests how creative policies can make it more productive and inclusive. Shifting Paradigms is the second book on technological change produced by a joint research project of the Brookings Institution and the Korea Development Institute. Contributors are experts from the United States, Europe, and Korea. The first volume, Growth in a Time of Change, was published by Brookings in February 2020. The book's underlying thesis is that the future is arriving faster than expected. Long-accepted paradigms about economic growth are changing as digital technologies transform markets and nearly every aspect of business and work. Change will only intensify with advances in artificial intelligence and other innovations. Investors, business leaders, workers, and public officials face many questions. Is rising market concentration inevitable with the new technologies or can their benefits be more widely shared? How can the promise of FinTech be captured while managing risks? Should workers fear the new automation? Are technology-driven shifts in business and work causing income inequality to rise? How should public policy respond? Shifting Paradigms addresses these questions in an engaging manner for anyone interested in understanding how the economic and social agenda is being transformed by today's winds of change.
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In this study the views of Japan's leading experts on the globalization of Japanese business, management and industrial relations explain how traditional Japanese-style management is responding to the changes following the collapse of the bubble economy. The areas covered include the changes made in management itself inside Japan and also how it is adapting itself when transferred overseas. The book demonstrates how management is moving towards a hybrid type in overseas operations and towards a western-style in Japan, where contractual principles are beginning to be given greater weight.
Volume V of the History of Humanity is concerned with the 'early modern' period: the sixteenth, seventeenth and eighteenth centuries. It gives an extensive overview of this crucial stage in the rise of the West as well as examining the development of cultures and societies elsewhere. Structure The volume is divided into two main parts. The first is thematic, discussing the geography, chronology and sociology of cultural change in this period. The second is regional, less theoretical and more empirical; it stresses cultural diversity, the links between different activities in a given region, and the importance of social contexts and local circumstances. Each chapter has a bibliography which directs the reader to sources of further information. The volume is extensively illustrated with line drawings and plates, and is comprehensively indexed
