Palgrave Macmillan

The shift in the labour force from agriculture to the manufacturing sector in India has not been a smooth process. Although the manufacturing sector has seen an increase in employment, the share of the manufacturing sector in total employment has not changed and rural areas are continuing to endure unemployment problems. Industrial Clusters,...

In order to accomplish a sounder banking industry, banks are challenged to adopt and pursue good governance practices. This challenge relates to decisions and activities conducted by top management and other inside stakeholders, but also increasingly to the collective pressures from, and evaluation measures adopted by, outside stakeholders. This...

In recent years China has overtaken the United States as the world's leading producer and consumer of energy. Since 2009 China's energy requirements have grown exponentially, particularly for coal and electricity, sparking international and national debates on the sustainability of growth and the accompanying environmental implications. This...

The modeling of dependence structures (or copulas) is undoubtedly one of the key challenges for modern financial engineering. First applied to credit-risk modeling, copulas are now widely used across a range of derivatives transactions, asset pricing techniques, and risk models, and are a core part of the financial engineer's toolkit. However, by...

Advancing Regional Monetary Cooperation examines regional monetary cooperation as a strategy to enhance macroeconomic stability in developing countries and emerging markets. The future of regional monetary cooperation is being questioned by the euro crisis: should developing countries and emerging markets, which are already actively engaged in...

The use of measures of economic output to guide policymaking has been criticized for decades because of their weak ties to human well-being. Recently, many scholars and politicians have called for measures of happiness or subjective well-being to be used to guide policy in people's true interests. In The Illusion of Well-Being, Mark D. White...