Description
Product ID: | 9781032155159 |
Product Form: | Paperback / softback |
Country of Manufacture: | GB |
Series: | Routledge Focus on Economics and Finance |
Title: | Economic Innovations |
Subtitle: | Creating New Instruments to Improve Economic Life |
Authors: | Author: Beth Webster, Bill Scales |
Page Count: | 124 |
Subjects: | Economics, Economics, Economic theory and philosophy, Macroeconomics, Economics of industrial organization, Political economy, Research and development management, Public ownership / nationalization, Economic geography, Economic theory & philosophy, Macroeconomics, Economics of industrial organisation, Political economy, Research & development management, Public ownership / nationalization, Economic geography |
Description: | Select Guide Rating Economic system innovations have had a profound impact on our lives, from the invention of banking in the middle ages to the United Nations institutions post-WWII. This book is a series of vignettes about changes to Australian institutions and systems that have significantly improved economic and social well-being. This book is a series of vignettes about changes to Australian institutions, organisations and systems that have significantly improved economic and social well-being for Australians. Economic system innovations have had a profound impact on our lives, from the invention of banking in the middle ages to the organisations established by the United Nations post-WWII. However, their intangible nature means that few people identify these changes alongside physical inventions. Although invention is normally an incremental process, with copying and adaption being the norm, the authors focus on reforms that were principally new to the world at the time of implementation. The book is not about the reforms and how well they worked, per se, rather about the people and the political struggle to get them adopted. The authors have chosen to focus on the stories where Australia has either taken a global leadership role or made a considerable advance in a particular new institution. What these stories show is that leadership in institutional innovation can come from many quarters: academia, the community, politics and the bureaucracy. Often the most successful teams combine people from all quarters albeit with support from the fourth estate. The work shows how many reforms began with modest beginnings, often an ordinary person with a vision, and how it takes several attempts to get change accepted. This key volume can be used to teach students of economics, political economy and politics. It illustrates the type of networks, actions and advocacy that is needed to get reform started and implemented and is written in a style to engage policy and think-tank audiences. |
Imprint Name: | Routledge |
Publisher Name: | Taylor & Francis Ltd |
Country of Publication: | GB |
Publishing Date: | 2024-01-29 |