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This book discusses the conceptual foundations of mainstream and political economy and offers alternative directions for the development of theoretical economics. Presenting selected papers from the Euro-Asian Symposium on Economic Theory, held by the Institute of Economics of the Ural Branch of the Russian Academy of Sciences (Ekaterinburg, Russia) on June 26-28, 2024, this book examines the ways in which economic theory helps solve problem such as the expansion of new technologies, inequality, environmental justice, globalization, regionalization, and a polycentric world. It delves into the evolution and resilience of industrial ecosystems, investigate the fundamental nature of money, the complexities of achieving justice and efficiency in economic development are addressed, examining income disparities, the convergence of economies, and social aspects within economic mechanisms. The contributions featured in this book offer a synthesis of theoretical models and empirical analyses, bridging the gap between academic inquiry and practical application. This collection is a valuable resource for researchers, policymakers, and practitioners seeking innovative solutions to navigate the complexities of today s economic systems.
About the author
Evgeny Kuzmin is a Researcher in the Department of Regional Economic Policy and Economic Security at the Institute of Economics of the Ural Branch of the Russian Academy of Sciences, Russia. Evgeny Kuzmin has authored over 150 scientific publications. He participated in the implementation of more than 10 research projects (grants) financed by scientific foundations. His research interests include risk, uncertainty, economic crises, sustainability, investment, business planning, industrialization, industrial policy, economic growth, entrepreneurship.
Geoffrey M. Hodgson is Emeritus Professor in Management at the Loughborough University in London, UK. He is Editor-in-Chief of the Journal of Institutional Economics and has authored several books including The Wealth of a Nation (2023), Liberal Solidarity (2021), Is Socialism Feasible? (2019), etc.
Laura Bravi is a Researcher and Assistant Professor in International Marketing and Integrated Business Logistics in the Department of Economics, Society, and Politics at the University of Urbino, Italy. Her research areas and teaching activities are concentrated in quality management systems, sustainable business practices, supply chain management, Industry 4.0 and 5.0 technologies.
Yuliya Layrikova is Director of the Institute of the Economics of the Ural Branch of the Russian Academy of Sciences, Russia. Dr. Layrikova has over 150 scientific publications, including over 30 monographs. Her research interests are theoretical and methodological aspects of the strategy of balanced territorial and sectoral development, strategic directions for the development of sectoral complexes, institutions of spatial development, sustainable and safe socio-economic development of regions.
Summary
This book discusses the conceptual foundations of mainstream and political economy and offers alternative directions for the development of theoretical economics. Presenting selected papers from the Euro-Asian Symposium on Economic Theory, held by the Institute of Economics of the Ural Branch of the Russian Academy of Sciences (Ekaterinburg, Russia) on June 26-28, 2024, this book examines the ways in which economic theory helps solve problem such as the expansion of new technologies, inequality, environmental justice, globalization, regionalization, and a polycentric world. It delves into the evolution and resilience of industrial ecosystems, investigate the fundamental nature of money, the complexities of achieving justice and efficiency in economic development are addressed, examining income disparities, the convergence of economies, and social aspects within economic mechanisms. The contributions featured in this book offer a synthesis of theoretical models and empirical analyses, bridging the gap between academic inquiry and practical application. This collection is a valuable resource for researchers, policymakers, and practitioners seeking innovative solutions to navigate the complexities of today’s economic systems.
