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In the past few decades, and intensified since the global financial crisis of August 2007, heterodox macroeconomics has developed apace and its scope has broadened in a number of directions. The purpose of this volume is to review the ‘state of the art’ in heterodox macroeconomics, its strengths and weaknesses and future directions. Heterodox macroeconomics has broadened its scope through gender macroeconomics, ecological macroeconomics and further incorporated income distribution and inequality into macroeconomics analysis. New macroeconomic models, particularly stock-flow consistent modelling has become a widely used mode of analysis. Money and finance, monetary policy and fiscal policy as well as other policies have been discussed widely. The focus of this edited collection is on all of these issues, with chapters focusing on inflation, ecological sustainability and regulatory policy.
This volume is a state-of-the-art compilation of diverse and innovative perspectives, principles, and a number of practiced approaches of fields, courses, and methods of pluralist economics teaching. It fosters constructive controversy aiming to incite authors and commentators to engage in fruitful debate. The complex economic problems of the 21st century require a pluralist, real-world oriented, and innovative discipline of economics, capable of addressing and teaching those complex issues to students from diverse perspectives. This volume addresses a number of key questions: Which models could be taught outside the equilibrium and optimality paradigm? Which methods could help to improve ou...
Recently, there have been public concerns about the impact of emerging market multinationals. The expansion of China's multinationals to Europe and the Belt and Road Initiative is a prominent example that has kindled hope but also started to increase awareness of the long-term implications. Based on a systematic analysis of internationalization theories, the role of foreign direct investment and multinational companies combined with in-depth empirical research using case studies in Turkey, Russia, Latin America, Asia and Europe, this timely edited volume addresses opportunities and concerns related to this new trend. It also provides new insights that are highly relevant for scholars, policy makers, regional business agencies and students, as well as the public at large. By focusing on the (potential) impact of the expansion of emerging market multinationals on Europe and by including a long-term perspective, the book offers a fresh perspective on a highly controversial issue.
Ghana is often seen as a positive example of economic and political progress in Africa, particularly in democratic and economic development. However, it also faces significant challenges, including a debt crisis, currency depreciation, and environmental issues. With contributions from experts in economics, economic geography, management, anthropology and other academic fields from Ghana, Austria, and Norway, this book provides a comprehensive insight into the country’s economic, social, and environmental dynamics.
Over the last thirty years or so the developments in the area of monetary and macroeconomic policies have been quite substantial. Within the new consensus macroeconomics (NCM), monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. There are a number of problems relating to this new monetary and macroeconomic policy approach which are raised in this book.
The Centers for Austrian Studies, founded by the Austrian Ministry of Science and Research since the 1970s play an important role for the Austrian Scientific Community. Their tasks are to promote Austrian and Central European Studies in their host nations and to give Austrian students the possibility to conduct research aboard and to get in touch with local colleagues. This anthology contains a description of the Institution's history and current status as well as the working papers of their present PhD students. Their research covers a period from the 17th to the middle of the 20th century.
KI-basierte generative Systeme wie ChatGPT haben das Potenzial, das Lehren, Lernen, Arbeiten und Prüfen an Hochschulen disruptiv und dauerhaft zu verändern. Aber auch die Online-Lehre hat erheblichen Einfluss auf die Weiterentwicklung von Lehrangeboten und Studiengängen. Zudem verändern sich die Anforderungen an Absolvent:innen, da sich Berufsbilder schneller weiterentwickeln. Vor diesem Hintergrund ergeben sich zahlreiche Fragen, die Hochschulen in den nächsten Jahren und Jahrzehnten beantworten müssen. • Welche Auswirkungen hat KI auf Hochschullehre und Prüfungsformen? • Müssen Studiengänge mehr Gewicht auf die Vermittlung von Meta-Kompetenzen legen? • Wie kann Online-Lehre in die Weiterentwicklung von Studienangeboten integriert werden? Das Buch zeigt mögliche und notwendige Richtungen auf, in die sich Hochschulen in den nächsten Jahrzehnten entwickeln können. Es richtet sich an Bildungspolitiker:innen, Lehrende und Forschende, die die Zukunft der Hochschulbildung gestalten wollen.