Thanks to advances in digital technologies like electronic devices and networks, it is possible to automatize and digitalize many jobs, processes, and services, which are generating huge quantities of data. These “big data” are transmitted, collected, aggregated, and analyzed to deliver deep insights into processes and human behavior. For this reason, data are called the new oil, since …
This open access book explores schooling from the perspective of children via data from a longitudinal life-history study. It questions whether schooling creates an environment where all children to flourish; or whether a policy focus on attainment in mathematics and English hinders some children’s wellbeing and learning. By drawing on the children’s life-history narratives and their ideas,…
This open access book asks just how climate-smart our food really is. It follows an average day's worth of food and drink to see where it comes from, how far it travels, and the carbon price we all pay for it. From our breakfast tea and toast, through breaktime chocolate bar, to take-away supper, Dave Reay explores the weather extremes the world’s farmers are already dealing with, and what ne…
The first quarter of the 21st century introduced the world to rapid uncertainty, be it the social-political and financial crises, or pandemics, or the shaking up of well-established democracies with an increasing rise in populism. At the same time, the technological promise has taken off with automation, artificial intelligence, and nanotechnologies increasingly becoming an economic reality. Th…
This chapter discusses the aims and objectives of the study, a short historiography, a justifcation of the study’s delimitations and the book’s structure.
Central banks’ mandates cannot merely be to achieve price stability; they should be enlarged to include promoting financial system stability. To achieve this dual mandate, central banks are advised to formulate and implement a policy mix of interest rate policy, combined with exchange rate policy, capital flow management as well as macro prudential policy. This policy mix should be furthe…
Dualism is closely linked with inequality. Any process of development entails forces of dispersion (centrifugal) and forces of concentration or agglomeration (centripetal). The tendency for activities to concentrate is driven by the external economies that exceeds the negative externalities (higher prices, congestion, etc.) caused by the concentration. On the other hand, external economies …
Manufacturing and logistic service companies are increasingly confronted with high dynamics and complexity. Due to its particular suitability for short-term and situation-dependent decision-making, autonomous control can improve planning and control of production and related transportation processes. This chapter gives an overview of the research that the BIBA—Bremer Institut für Produk…
This book has been many, many years in the making. Eiji Hotori and Mikael Wendschlag presented a crude first draft, including the conceptualization of the formalization process, at the 17th World Economic History Congress in Kyoto, Japan in August 2015 (WEHC 2015). At a session organized by Hotori entitled “Banking supervision in comparative perspective: Europe, America and East Asia,”…
Interdisciplinarity is important. This message is so commonly stated— whether in, for example, call texts published by research funding organisations, university research and impact strategies, or by policymakers and practitioners—that the implications of what is actually being advocated for are often backgrounded or, at worse, forgotten. As such, the lived experiences of those deliv…