Economic and financial crises and disasters Books
World Scientific Publishing Co Pte Ltd First Great Financial Crisis Of The 21st Century,
Book SynopsisAlthough there have been numerous studies of the causes and consequences of the Great Financial Crisis of 2007-2010 in the US and abroad, many of these were undertaken only for a small number of countries and before the financial and economic effects were fully realized and before various governmental policy responses were decided upon and actually implemented. This book aims to fill these voids by providing a more thorough assessment now that the worst events and the regulatory reforms are sufficiently behind us and much more information about these developments is available. It reviews and analyzes the causes and consequences of and the regulatory responses to the Great Financial Crisis, particularly from a public policy viewpoint. In the process, it explores such intriguing questions as: What caused the crisis? How did the crisis differ across countries? What is the outlook for another crisis, and when? This is a must read for those who are trying to find answers to these questions.Table of ContentsThe Great Financial Crisis of 2007-2010: The Sinners and Their Sins (George G Kaufman); The Costs of the 2007-2009 Financial Crisis (Harvey Rosenblum); The US Financial Crisis and the Great Recession: Counting the Costs (Gillian G H Garcia); US Housing Policy and the Financial Crisis (Peter J Wallison); Playing for Time: The Fed's Attempt to Manage the Crisis as a Liquidity Problem (Robert A Eisenbeis and Richard J Herring); Japan's Financial Regulatory Responses to the Global Financial Crisis (Kimie Harada, Takeo Hoshi, Masami Imai, Satoshi Koibuchi, and Ayako Yasuda); Regulatory Response to the Financial Crisis in Europe: Recent Developments (2010-2013) (Santiago Carbo-Valverde, Harald A Benink, Tom Berglund, and Clas Wihlborg); Regulatory Change in Australia and New Zealand Following the Global Financial Crisis (Christine A Brown, Kevin T Davis, and David G Mayes); The Dodd Frank Act: Systemic Risk, Enhanced Prudential Regulation, and Orderly Liquidation (George G Kaufman and Richard W Nelson); The Trade Execution and Central Clearing Requirements of Dodd-Frank Title VII: Transparency, Risk Management and Financial Stability (Robert S Steigerwald); A Primer on Dodd-Frank's Title VIII (Colleen Baker); Macroliquidity: Selected Topics Related to Title XI of the Dodd-Frank Act of 2010 (Walker F Todd); The Dodd-Frank Act: Key Features, Implementation Progress, and Financial System Impact (James R Barth, Apanard (Penny) Prabha, and Clas Wihlborg); Hair of the Dog That Bit Us: The Insufficiency of New and Improved Capital Requirements (Edward J Kane); Misdiagnosis: Incomplete Cures of Financial Regulatory Failures (James R Barth, Gerard Caprio Jr and Ross Levine); Path-Dependent Monetary Policy in the Post-Financial Crisis Era of Dodd-Frank (Harvey Rosenblum); Bank Crisis Resolution and the Insufficiency of Fiscal Backstops: The Case of Spain (Santiago Carbo-Valverde and Maria J Nieto);
£148.50
World Scientific Publishing Co Pte Ltd Heavy Tails And Copulas: Topics In Dependence
Book Synopsis'Overall, the book is highly technical, including full mathematical proofs of the results stated. Potential readers are post-graduate students or researchers in Quantitative Risk Management willing to have a manual with the state-of-the-art on portfolio diversification and risk aggregation with heavy tails, including the fundamental theorems as well as collateral (but most useful) results on majorization and copula theory.'Quantitative Finance This book offers a unified approach to the study of crises, large fluctuations, dependence and contagion effects in economics and finance. It covers important topics in statistical modeling and estimation, which combine the notions of copulas and heavy tails — two particularly valuable tools of today's research in economics, finance, econometrics and other fields — in order to provide a new way of thinking about such vital problems as diversification of risk and propagation of crises through financial markets due to contagion phenomena, among others. The aim is to arm today's economists with a toolbox suited for analyzing multivariate data with many outliers and with arbitrary dependence patterns. The methods and topics discussed and used in the book include, in particular, majorization theory, heavy-tailed distributions and copula functions — all applied to study robustness of economic, financial and statistical models, and estimation methods to heavy tails and dependence.
£88.20
World Scientific Publishing Co Pte Ltd Economic Crisis And Rule Reconstruction
Book SynopsisThe 2008 global economic crisis resulted in many new changes in global economic governance, multilateral trading system, the Group20 major economies, regional economic cooperation and other international governance platforms. Countries around the world have begun a complex battle to make sure rules are changed in their favor. Furthermore, rule reconstruction has a definite and profound impact on the international economic situation and national trade interests. This book by Former Chinese Minister of Commerce Chen Deming, aims to highlight the focal issues of the competition and negotiations with a panoramic depiction of the complicated state of international economic and trade rule reconstruction.The chapters in the book discuss rules of global governance, reflect on the crisis rarely seen in the past century, and raise the proposition of rule reconstruction. They also focus on multilateral trading system, regional economic cooperation and related international financial rules. Detailed deliberations on various kinds of trade rules including rules of services trade, government procurement, intellectual property, investment, international development cooperation, etc are also dealt with. Lastly, the book provides an outlook on the path, direction and key issues of international economic rule reconstruction, and offers recommendations on China's engagement.
£88.20
World Scientific Publishing Co Pte Ltd Economic Crisis And Rule Reconstruction
Book SynopsisThe 2008 global economic crisis resulted in many new changes in global economic governance, multilateral trading system, the Group20 major economies, regional economic cooperation and other international governance platforms. Countries around the world have begun a complex battle to make sure rules are changed in their favor. Furthermore, rule reconstruction has a definite and profound impact on the international economic situation and national trade interests. This book by Former Chinese Minister of Commerce Chen Deming, aims to highlight the focal issues of the competition and negotiations with a panoramic depiction of the complicated state of international economic and trade rule reconstruction.The chapters in the book discuss rules of global governance, reflect on the crisis rarely seen in the past century, and raise the proposition of rule reconstruction. They also focus on multilateral trading system, regional economic cooperation and related international financial rules. Detailed deliberations on various kinds of trade rules including rules of services trade, government procurement, intellectual property, investment, international development cooperation, etc are also dealt with. Lastly, the book provides an outlook on the path, direction and key issues of international economic rule reconstruction, and offers recommendations on China's engagement.
£43.70
World Scientific Publishing Co Pte Ltd Crisis And Recovery: Learning From The Asian
Book SynopsisCrisis and Recovery: Learning from the Asian Experience is a collection of selected articles related to the Asian experience with two crises — the Asian financial crisis in 1997-98 and the global financial crisis of 2007-08 — written by Dr Jong-Wha Lee, former chief economist of the Asian Development Bank. These papers are grouped into three broad topics: Anatomy of Asian Growth and Crises, Asian Financial Crises: Responses and Lessons, and Global Financial Crisis and Challenges to Asia's Sustained Growth.The topics include the relation of the East Asia's development strategies with the 1997-98 Asian financial crisis, the causes of the Asian financial crisis, the desirability of IMF programs, the assessment of recovery and structural reforms, the process of spillovers of the global financial crisis to Asia, regional and global economic linkages, the role of China and the renminbi, and the long-term growth projections of Asian economies.The research collected in this book will be very useful for policymakers who want to learn from the Asian experience with the crises and it is a key contribution to ongoing research and policy debates on the future of Asian economies.Table of ContentsAnatomy of Asian Financial Crises: Determinants and Prospects of Economic Growth in Asia; Over-Investment, Collateral Lending and Economic Crisis; Financial Reform and the Efficiency of Credit Allocation in Korea; Growth and Investment in East Asia Before and After the Financial Crisis; Asian Financial Crises: Responses and Lessons: Recovery and Sustainability in East Asia; Crisis and Recovery: What We Have Learned from the Korean Experience?; Financial Crisis and Credit Crunch: Evidence from the Korean Firm Level Data; IMF Programs: Who Is Chosen and What Are the Effects; Exchange Rate Regime and Monetary Policy Independence in East Asia; Global Financial Crisis and Challenges to Asia's Sustained Growth: Crises in Asia: Historical Perspectives and Implications; Global Financial Turmoil: Impact and Challenges for Asia's Financial Systems; Real and Financial Integration in East Asia; Emerging Asia: Decoupling or Recoupling; Financial Integration in Emerging Asia: Challenges and Prospects; Will the Renminbi emerge as an International Reserve Currency?; Economic Growth in Asia: Determinants and Prospects;
£180.00
ISEAS Myanmar in Crisis: Living with the Pandemic and
Book SynopsisMyanmar in Crisis brings together scholars from across the social sciences to analyse the dual crises of COVID-19 and the 2021 military coup. All of the essays address one of four themes around the concept of crisis: society in crisis, a state in crisis, an economy in crisis, and international relations in crisis. Several authors examine the contested nature of state authority in the post-coup revolutionary context, including the emergence of new governance dynamics; others discuss heterogenous forms of resistance and the potential for building a more inclusive, just, and tolerant society in the future of Myanmar.The volume also explores the economic crisis caused by the pandemic and the coup and its devastating effects on people's lives and livelihoods: the authors provide a deep dive into the impacts of restrictive COVID-19 prevention measures on local communities, the growing livelihoods crisis since the coup, and the impacts of both crises on foreign trade and investment. Scaling up from that local perspective, the book also looks at Myanmar's history of foreign relations, the response of the international community to the coup and the challenges faced by foreign governments and regional bodies in navigating the deteriorating political situation. Held together, the volume highlights the ongoing state of crisis in Myanmar, its impact on society and the possibilities for recovery and reform, amidst a powerful new revolutionary movement. Beyond providing crucial insights to Southeast Asian area specialists, the book offers deep insights into the way that multiple crises interact, amplify one another, and open up possibilities for hope amidst tragedy.
£39.95
Academic Studies Press The Coming of New Industrial Society: Reloaded
Book SynopsisThe book explores the effect of modern technological shifts on human society, showing that technologies are undergoing accelerating qualitative changes that open up new opportunities for personal development and satisfaction of wants and, simultaneously, engender risks associated with growing opportunities of human interference with nature and technogenic stress on the environment. Based on the study of cutting-edge technologies and resulting socioeconomic shifts, Bodrunov’s analysis outlines the shape of the civilizational crisis we face. It can only be overcome by founding a new industrial society of the second generation (if we consider the new industrial state described by J. K. Galbraith as the first generation) reliant on knowledge intensive material production and the gradual removal of humans from immediate material production.Trade Review“Sergey Bodrunov’s lively book addresses one of the most controversial consequences of liberal globalization—the deindustrialisation of the advanced capitalist states. Following the line of thinking of writers such as Clark Kerr and J.K. Galbraith, Bodrunov insists on the revival of industrialization and in doing so he makes advances on earlier theorizing. He insists that the development of civilization calls for a higher level of material production predicated on human knowledge and he anticipates much of current theorizing about the effects of artificial intelligence. In a provocative discussion, predicated on the experience of post-socialist Russia, he calls for positive economic policies to enhance the capabilities of modern economies to advance to higher levels of industrial development. The book will appeal to readers seeking solutions to modern economic problems through state coordination.”— David Lane, Emeritus Professor of Sociology, University of Cambridge, UK“As Marx, Veblen and John Kenneth Galbraith understood, human society co-evolves with its material and technological conditions, which fact has grave implications for those seduced by financialization or the post-industrial mirage. In The Coming New Industrial State: Reloaded, Sergey Bodrunov gives a fair—and sometimes harsh—portrait of modern Russia's fall into dependence on outside technologies, machines, and components. He advocates a path forward for Russia at the technical frontiers, with a mixed economy rooted in ‘an authentic culture’ without which, he writes, ‘there can be no effective industrial development.’ The war and sanctions may now catapult this analysis to the forefront.”— James K. Galbraith, The University of Texas at Austin, Member, Free Economic Society and Foreign Member, Russian Academy of Sciences“Sergey Bodrunov’s work is a major contribution to human knowledge, rooted both in his practical experience in Russian industry and government, and in revival of interest in the most profound issues in the philosophy of thought. It deserves the attention of everyone with an interest in innovation. But beyond that, anyone concerned with the rising challenge of new technologies should read it. At the center of The Coming New Industrial State lies the following proposition: until now, technology has driven society. The ‘information economy’ calls for a different relationship; it is society that must drive technology. Innovation, therefore, henceforth constitutes social innovation; a different way of organizing society. Bodronov not only poses the question, but provides much-needed answers.”— Alan Freeman, Geopolitical Economy Research Group, University of ManitobaTable of ContentsIntroductionPart One: Material Production and Industry: Technology, Labor, and ProductChapter 1: Production and Its Product: The Industrial Mode of ProductionChapter 2: The Service Industry, Material Production, and Their Correlation in the Modern EconomyPart Two: The Russian Economic System and (De)industrializationChapter 3: Industrialization of the Economy as a Factor of Social Development; The Phenomenon of Modern DeindustrializationChapter 4: Industrial Development in Russia: Lessons from the PastChapter 5: The Deindustrialization of Russia and the Challenges of ReindustrializationChapter 6: Techno-Economic Paradigms and the Renewal of the Russian Economy: The Political-Economic AspectChapter 7: The Russian Economic System: The Future of High-Tech Industrial ProductionPart Three: The New Industrial State v.2Chapter 8: The New Industrial State of the Twentieth CenturyChapter 9: The New Industrial State v.2: The Parameters of its GenesisPart Four: Reindustrialization, Import Substitution, and Active Industrial PolicyChapter 10: Technological Leadership and National SecurityChapter 11: Innovative Economic Development: Into NIS.2Chapter 12: Industrial Policy as a Tool of Reindustrialization and Import SubstitutionChapter 13: Imperatives, Opportunities, and Challenges of ReindustrializationChapter 14: The Revival of Production, Science, and Education: The Primary Priority of Modern Industrial PolicyChapter 15: NIS.2 as a Social SystemConclusion
£42.29
