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Author: Richard Samans Publisher: Springer Nature ISBN: 3031374355 Category : Business & Economics Languages : en Pages : 383
Book Description
This open access book examines the chronic underperformance of economies with respect to inclusion, sustainability and resilience. It finds that the standard liberal economic growth and development model has evolved over the past century in a fundamentally unbalanced manner that underemphasizes the crucial role of institutions – legal norms, policy incentives and public administrative capacities – in translating market-based growth in the production of goods and services into broad and sustainable gains in social welfare at the household level. Correcting this imbalance of emphasis in economic theory and policy between markets and institutions, production and distribution, and national income and household living standards is the single most important step required to transcend 20th century trickle-down “neoliberalism” and replace it with a more human-centred model of economic progress in the 21st century. The book breaks new ground by integrating the principal institutional dimensions of the social contract into the heart of macroeconomic theory and presenting extensive corresponding reforms of domestic and international economic policy to refocus them on the median living standards, rather than primarily aggregate wealth or GDP, of nations. This is the bottom-line measure of national economic performance, and it depends on the strength of both markets of exchange and institutions in such areas as labour and social protection, financial and corporate governance, competition and rents, anti-corruption, infrastructure and basic necessities, environmental protection, education and skilling, etc. Extensive comparative data are presented demonstrating that countries at every level of economic development have ample policy space to narrow their “welfare gaps” – their underperformance on these and other key aspects of household living standards relative to the frontier of leading policy practice in peer countries.
Author: Richard Samans Publisher: Springer Nature ISBN: 3031374355 Category : Business & Economics Languages : en Pages : 383
Book Description
This open access book examines the chronic underperformance of economies with respect to inclusion, sustainability and resilience. It finds that the standard liberal economic growth and development model has evolved over the past century in a fundamentally unbalanced manner that underemphasizes the crucial role of institutions – legal norms, policy incentives and public administrative capacities – in translating market-based growth in the production of goods and services into broad and sustainable gains in social welfare at the household level. Correcting this imbalance of emphasis in economic theory and policy between markets and institutions, production and distribution, and national income and household living standards is the single most important step required to transcend 20th century trickle-down “neoliberalism” and replace it with a more human-centred model of economic progress in the 21st century. The book breaks new ground by integrating the principal institutional dimensions of the social contract into the heart of macroeconomic theory and presenting extensive corresponding reforms of domestic and international economic policy to refocus them on the median living standards, rather than primarily aggregate wealth or GDP, of nations. This is the bottom-line measure of national economic performance, and it depends on the strength of both markets of exchange and institutions in such areas as labour and social protection, financial and corporate governance, competition and rents, anti-corruption, infrastructure and basic necessities, environmental protection, education and skilling, etc. Extensive comparative data are presented demonstrating that countries at every level of economic development have ample policy space to narrow their “welfare gaps” – their underperformance on these and other key aspects of household living standards relative to the frontier of leading policy practice in peer countries.
Author: David Nordfors Publisher: Independently Published ISBN: 9781729145920 Category : Business Languages : en Pages : 394
Book Description
AI is cutting labor costs and workers are struggling to be valuable. The People Centered Economy (PCE) is a 'Copernican Revolution' placing people, not tasks, at the center of the economy. PCE has a handy definition of the economy: people create and exchange value, served by organization. In PCE, innovation makes people value each other more (not less) and the answer to the 'future of work' is simple: people need as much innovation for earning as there is for spending. Today there is almost none there is an untapped multi-trillion dollar market waiting to be built by "the new ecosystem for innovating jobs." The book presents new ideas, models and policies for entering a competitive people-centered economy. Co-authors, leaders from the new ecosystem, present hands-on cases from the business of raising the value of people and helping them earn a good livelihood: V R Ferose, Lorien Pratt, Sudipto Dasgupta, Ganapathy Subramanian, Thorkil Sonne, Jason Palmer, Allen Blue, Patricia Olby Kimondo, Jamie Merisotis, Jacob Hsu, Tess Posner, Monique Jeanne Morrow, Daniel Pianko, Gi Fernando Wendy Guillliesm Derek Ozkal, Jim Clifton, Sven Otto Littorin and Guido Van Nispen.
Author: Jamie Munger Publisher: Asian Development Bank ISBN: 9292624091 Category : Business & Economics Languages : en Pages : 120
Book Description
The basic premise of human-centered design is to put beneficiaries at the heart of the design process. For policies and projects, a human-centered design approach can increase the positive impact on people’s lives by contributing to a deeper understanding of their challenges, aspirations, and dreams. This book aims to support policy makers to apply human-centered design methods. Part 1 discusses principles and methods and features real-world practical examples. Part 2 presents a case study on Indonesia’s maritime sector to demonstrate the benefits of applying human-centered design methods.
Author: Maria-Teresa Lepeley Publisher: IAP ISBN: 1641134941 Category : Education Languages : en Pages : 247
Book Description
Investing in People is the world priority of the 21st century. The wellbeing of people is at the center of the agendas of the World Bank, International Monetary Fund, UN, OECD, ILO and all major development organizations. But the concern for people is not new. The celebrated books of Economics Nobel Awardees Theodore Schultz’s Investing in People. The Economics of Population Quality and Gary Becker’s Human Capital were published decades ago and challenged the same human dilemma. Yet, with few exceptions, most countries are still struggling for effective formulas to put people at the center of development. The core issue is that investing in people means improving the quality of education for all. But the main problem is that countries continue to take education as an expense, not as an investment in people. National budgets consider education as a sunken cost, rather than as an investment expected to produce high returns to secure quality improvement as necessary condition for sustainability. Shortcomings are abundant but one thing is certain: unless the quality of education for all is placed front and center in development agendas, chances for progress in the VUCA (volatile, uncertain, complex, ambiguous) environment are curtailed, human centered sustainability and wellbeing will be restrained and inequality will persist. The main problem it is not income inequality, it is education inequality. In the Knowledge Economy the human (as) resources formula is no longer working. Segmentation of the economy and education is probing increasingly counterproductive. The EDUCONOMY is a human centered structure for progress to optimize returns and minimize costs of investing in people. Gallup and Brandon Busteed coined the concept Educonomy to enhance the importance of quality in education backed up by extensive surveys and data bases. Lepeley’s EDUCONOMY. Unleashing Wellbeing and Human Centered Sustainable Development takes the discussion into new dimensions and addresses the complexity of the challenges. People are the DNA of Sustainable Development. Says Lepeley challenging old constructs and presenting innovative formulas pioneering human centered economics and economics of wellbeing that frame the Balanced Sustainable Development ESTE (economic, social, technology, environment) Model. ESTE is the product of the Educonomy built on three fundamental pillars: the Talent Economy, the Agility Economy and the Quality Economy convergent with demands of the Knowledge Economy. In the ESTE Model education is no longer a national expense, it is an investment that secures high rates of returns and social and economic inclusiveness anchored in quality standards for all.
Author: Yuji Masuda Publisher: Springer Science & Business Media ISBN: 1447119673 Category : Computers Languages : en Pages : 270
Book Description
The arrival of the information society in Japan has radically altered the industrial structure, work patterns and cultural values of its society. The innovation and implementation of information technology has accelerated this change and made its effects more profoundly felt. Because of this, there is now a need to widen the debate on human-centred manufacturing systems to include broader issues such as industrial culture, international economies and global knowledge. Human Centred Systems in the Global Economy contains the proceedings of an international workshop held at Tokyo Keizai University which looked at the design of human-centred systems in the context of these technological and social changes. The workshop attracted contributions from internationally known researchers in Europe, Japan, the USA, South East Asia, Eastern Europe and the USSR. The resulting volume is unique in that it addresses the relationship of information technology to Japanese society as a whole, rather than concentrating on technical issues. The papers have been divided into three areas, covering the structure, dimensions, and policies and perspectives of the information society. Specific areas covered include: social and cultural shaping of technology, economic interdependence, technology and knowledge transfer, computer-aided design, management culture and communication technologies. Human Centred Systems in the Global Economy provides a comprehensive assessment of the debates on human-centred systems and will be of interest to people in a wide variety of disciplines including information technology, economic development, management science and related studies of social science and humanities.
Author: Cecilia Aragon Publisher: MIT Press ISBN: 0262367599 Category : Computers Languages : en Pages : 201
Book Description
Best practices for addressing the bias and inequality that may result from the automated collection, analysis, and distribution of large datasets. Human-centered data science is a new interdisciplinary field that draws from human-computer interaction, social science, statistics, and computational techniques. This book, written by founders of the field, introduces best practices for addressing the bias and inequality that may result from the automated collection, analysis, and distribution of very large datasets. It offers a brief and accessible overview of many common statistical and algorithmic data science techniques, explains human-centered approaches to data science problems, and presents practical guidelines and real-world case studies to help readers apply these methods. The authors explain how data scientists’ choices are involved at every stage of the data science workflow—and show how a human-centered approach can enhance each one, by making the process more transparent, asking questions, and considering the social context of the data. They describe how tools from social science might be incorporated into data science practices, discuss different types of collaboration, and consider data storytelling through visualization. The book shows that data science practitioners can build rigorous and ethical algorithms and design projects that use cutting-edge computational tools and address social concerns.
Author: Patrick Pobuda Publisher: ISBN: 9783960950981 Category : Languages : en Pages : 216
Book Description
The negligence of humanity in economics has already led to huge inequalities in different spheres. This book does focus on social inequality as the considered root-cause for economic inequality while noticing the interrelations between political, economic, and social inequalities. Therefore, the introduced normative concept aims at the establishment of a long-term perspective in the economic sphere, the fairly-distributed allocation of resources as a result of political interference, and the ensuring of equality of opportunity in the social sphere by realization of the "Theory of liberal Fairness." The intention is to enable citizens as well as societies coping with future challenges while putting the human being back in the center. To allow such a state, the "Theory of reasonable Progress" is proposed as an economic system that is based on Ordoliberalism with some Keynesian elements. The inquiry begins with some theoretical economic concepts and examines the origins as well as different levels of inequality in three countries with their special adoption of a market economy while investigating in each of them the owners of social responsibility. It is followed by a selection of some applicable as well as practicable theories of justice and the compilation of diverse measures in form of a comprehensive tool kit for the establishment of fairness as a response to the growing inequalities in our society. Hereby, the ownership of social responsibility is shared between the public and the private sector. These outcomes will be utilized to develop a framework for the promotion of humanity in economics while also maintaining a high degree of fairness. Consequently, these concepts will be applied to the European Union as an example for their proposed functioning. From the text: - Economic theories; - Inequality levels; - Fairness; - Human-centred business; - European integration
Author: Richard Samans
Author: Richard Samans
Author: David Nordfors
Author: Manfred A. Max-Neef
Author: Jamie Munger
Author: M. A. Max-Neef
Author: Maria-Teresa Lepeley
Author: Yuji Masuda
Author: Cecilia Aragon
Author: Patrick Pobuda
Author: Maria-Teresa Lepeley