This volume examines the theory of monetary circulation and applies it to several modern issues including unemployment, inflation, distribution and economic policies. It will provide a valuable contribution to the field of monetary economics, and in particular, its development of...

How to avoid taxpayers paying for bank failures and banking crises? This book provides a proposal and a critique by twelve independent experts. It is addressed particularly to the threat posed in Europe by having large international banks, a history of bailouts and limited means of resolving any...

Low-paid employment is a key issue for labour market policy. The essays in this book, focusing on European countries, provide new empirical evidence regarding the impact of minimum wages on employment, earnings mobility among low-paid workers, job satisfaction across the earnings distribution,...

Leading experts analyze the impact of the rapid growth of offshore outsourcing in manufacturing and IT. For some it promises more rapid economic growth and for some developing countries it is an opportunity to leapfrog, while others are sidelined but it also means labour and governments may lose...

This book applies a spatial economics perspective to the understanding of the recent dynamism of the global economy, with particular focus on East Asia, and examines the prospects of regional integration in East Asia