Products related to Economy:
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Knowledge Economy and Sustainable Economic Development : A critical review
In this book, the author focuses on the intersection of two major bodies of policy and practice: knowledge economy and ICTs on one hand, and sustainable economic development on the other.It aims to provide a broad-ranging account of the social and economic terrain demarcated by this intersection in order to reach conclusions and offer guidelines for policy development.Although based on the case of a developing country (Vietnam) its analyses, arguments and conclusions are of universal relevance. Key features comprehensive picture of a society from the perspective of knowledge for development Intersection of ICTs (Information and Communications Technology), knowledge, and sustainable economic development Can be used in courses of sociology, political economy, development economics, knowledge economics, information and telecommunication technology, sustainable development, and public administration.
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The Knowledge Economy
Adam Smith and Karl Marx recognized that the best way to understand the economy is to study the most advanced practice of production.Today that practice is no longer conventional manufacturing: it is the radically innovative vanguard known as the knowledge economy.This book explores the hidden nature of the knowledge economy and its possible futures. In every part of the production system, the knowledge economy remains a fringe excluding the vast majority of workers and businesses.This confinement has become a driver of economic stagnation and inequality throughout the world.Traditional mass production has stopped working as a shortcut to economic growth.But the alternative-a deepened and socially inclusive form of the knowledge economy-continues to lie beyond reach in even the richest countries.Unger sets out the route to a knowledge economy for the many: changes not just in economic institutions but also in education, culture, and politics.Just as Smith and Marx did in their time, he uses an understanding of the most advanced practice of production to rethink both economics and the economy as a whole.
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The 60-Year Curriculum : New Models for Lifelong Learning in the Digital Economy
The 60-Year Curriculum explores models and strategies for lifelong learning in an era of profound economic disruption and reinvention.Over the next half-century, globalization, regional threats to sustainability, climate change, and technologies such as artificial intelligence and data mining will transform our education and workforce sectors.In turn, higher education must shift to offer every student life-wide opportunities for the continuous upskilling they will need to achieve decades of worthwhile employability.This cutting-edge book describes the evolution of new models-covering computer science, inclusive design, critical thinking, civics, and more-by which universities can increase learners' trajectories across multiple careers from mid-adolescence to retirement.Stakeholders in workforce development, curriculum and instructional design, lifelong learning, and higher and continuing education will find a unique synthesis offering valuable insights and actionable next steps.
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Trade in Knowledge : Intellectual Property, Trade and Development in a Transformed Global Economy
Technological change has transformed the ways knowledge is developed and shared internationally.Accordingly, in the quarter-century since the WTO was established, and since its Agreement on Trade-Related Aspects of Intellectual Property Rights came into force, both the knowledge dimension of trade and the functioning of the IP system have been radically transformed.The need to understand and respond to this change has placed knowledge at the centre of policy debates about economic and social development.Recognizing the need for modern analytical tools to support policymakers and analysts, this publication draws together contributions from a diverse range of scholars and analysts.Together, they offer a fresh understanding of what it means to trade in knowledge in today's technological and commercial environment.The publication offers insights into the prospects for knowledge-based development and ideas for updated systems of governance that promote the creation and sharing of the benefits of knowledge.
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Free market economy or planned economy?
The choice between a free market economy and a planned economy depends on the specific goals and values of a society. A free market economy allows for individual freedom and competition, which can lead to innovation and efficiency. However, it can also result in inequality and lack of regulation. On the other hand, a planned economy allows for more control and distribution of resources, but it can stifle individual initiative and innovation. Ultimately, the decision between the two depends on the balance a society seeks between individual freedom and social equality.
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Why market economy and not planned economy?
A market economy is preferred over a planned economy because it allows for individual freedom and choice in economic decision-making. In a market economy, prices are determined by supply and demand, leading to efficient allocation of resources. Additionally, competition in a market economy encourages innovation and productivity, driving economic growth. On the other hand, a planned economy, where the government controls production and distribution, can lead to inefficiencies, lack of innovation, and limited consumer choice.
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How are planned economy and shortage economy related?
A planned economy is a system in which the government controls and regulates production, distribution, and prices of goods and services. In a planned economy, resources are allocated based on a central plan rather than market forces. A shortage economy occurs when there is a lack of goods and services available for consumers due to factors such as poor planning, inefficiency, or external shocks. In a planned economy, the risk of a shortage economy is higher as the government may not accurately predict or meet the demands of the population, leading to imbalances in supply and demand.
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What is the difference between social market economy, free market economy, and planned economy?
A social market economy combines elements of both a free market economy and a planned economy. It allows for private ownership of businesses and resources, while also implementing government regulations to ensure fair competition and social welfare. In contrast, a free market economy relies on minimal government intervention, allowing businesses to operate with little regulation. On the other hand, a planned economy is centrally controlled by the government, with decisions regarding production, distribution, and pricing made by central authorities.
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Reinventing Education: Beyond the Knowledge Economy
The need for change in the education system is obvious and overwhelming.But each stakeholder group has their own ideas about why the system is broken and how to fix it.Competing priorities, political inertia and diminishing budgets maintain the dysfunctional status quo.This essential text examines the underlying causes behind the key challenges facing schools, and argues that we need to move from knowledge transfer systems to a deliberately developmental approach that transforms capabilities including emotional regulation, systems thinking, critical analysis, creativity, and collaborative capability. The chapters provide a framework for designing, constructing and implementing school systems that can transform the outcome in a classroom, school or trust.Topics covered include:Why education is a ‘wicked’ problemWhy development must be central and sit alongside knowledge transfer (as AI takes over 'expertise’)How motivation and value systems evolve and are key to changeHow to drive behaviour change to transform outcomesWhat human-centred means now in a reinvented systemOffering much-needed insights, guidance and solutions for teachers, school leaders and policy-makers, this book will be valuable reading for all those interested in school improvement and education policy.
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Reinventing Education: Beyond the Knowledge Economy
The need for change in the education system is obvious and overwhelming.But each stakeholder group has their own ideas about why the system is broken and how to fix it.Competing priorities, political inertia and diminishing budgets maintain the dysfunctional status quo.This essential text examines the underlying causes behind the key challenges facing schools, and argues that we need to move from knowledge transfer systems to a deliberately developmental approach that transforms capabilities including emotional regulation, systems thinking, critical analysis, creativity, and collaborative capability. The chapters provide a framework for designing, constructing and implementing school systems that can transform the outcome in a classroom, school or trust.Topics covered include:Why education is a ‘wicked’ problemWhy development must be central and sit alongside knowledge transfer (as AI takes over 'expertise’)How motivation and value systems evolve and are key to changeHow to drive behaviour change to transform outcomesWhat human-centred means now in a reinvented systemOffering much-needed insights, guidance and solutions for teachers, school leaders and policy-makers, this book will be valuable reading for all those interested in school improvement and education policy.
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Knowledge Economy, Information Technologies and Growth
This volume focuses on the Information and Communication (ICT) revolution and its impact on economic growth.Even though the emergence of the knowledge economy is at the center of attention by media and is often a subject of economic policy debate, economic research on the issue is still relatively underdeveloped and many aspects of it are still awaiting proper theoretical and empirical scrutiny.One important question is whether, as many economists and opinion leaders maintain the knowledge economy and the new information technologies have fostered the birth of a 'new economy' which by inducing a strong productivity growth in most sectors, is behind the impressive growth of GDP experienced by the US economy.Empirical research has in fact been unable to provide a conclusive answer to this question.This book debates this issue and provides the opportunity to discuss the economic and social effects of the ICT revolution.It also focuses on the functioning and the micro-economic structure of the ICT sector, as well as on its impact on various industries, on the financial system and on the labor market.It analyses the role of the ICT revolution on regional development and it addresses important policy issues such as its consequences for antitrust legislation and government regulation.
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On Learning, Volume 3 : Knowledge, Curriculum and Ethics
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Is Germany a centrally planned economy, a social market economy, or a free market economy?
Germany is considered a social market economy. This means that while it operates within a free market framework, the government plays a significant role in regulating the economy and providing social welfare programs. The social market economy model aims to balance economic freedom with social responsibility, promoting competition and entrepreneurship while also ensuring social security and a fair distribution of wealth. This approach has been a key factor in Germany's economic success and stability.
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How do planned economy and social market economy differ?
A planned economy is one in which the government controls all aspects of economic production and distribution, including setting prices and determining what goods and services are produced. In contrast, a social market economy is a system in which the government plays a more limited role, allowing for private ownership and competition while also providing social safety nets and regulations to ensure fair competition and protect consumers. In a planned economy, the government has a central role in decision-making, while in a social market economy, the market plays a more significant role, with government intervention focused on ensuring fairness and social welfare.
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'Economy or Environment?'
Both the economy and the environment are important and interconnected. It is essential to strike a balance between economic growth and environmental protection to ensure sustainable development. Neglecting the environment can have long-term negative impacts on the economy, while a healthy environment can support a thriving economy. Therefore, it is crucial to consider both aspects in decision-making processes to achieve a harmonious and sustainable future.
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What is the difference between national economy and market economy?
A national economy refers to the overall economic system of a country, including all economic activities and resources within its borders. It is typically influenced by government policies and regulations. On the other hand, a market economy is based on the principles of supply and demand, where economic decisions and the pricing of goods and services are determined by the interactions of individuals and businesses in the marketplace. In a market economy, there is minimal government intervention, allowing for more competition and efficiency in resource allocation.
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