International economics Books

Book SynopsisThis is a BLACK & WHITE paperback. If you want a color print, go here:https://www.amazon.com/dp/1718092989Volume Profile: The Insider''s Guide to Trading was written to teach traders how to think and trade like Smart Money. Institutions are known for their ability to move and manipulate markets. By understanding their strategies, retail traders can improve their trading performance.The book covers topics such as Volume Profile strategies, price action, finding the right trading instruments, market analysis, position management, money management, trading psychology, backtesting, and avoiding common trading mistakes. Trader Dale shares the exact rules and methods that he applies in his own trading, providing readers with practical and actionable steps they can take now to improve their trading.Section 1: Volume Profile Trading Strategies - Learn about the concept of volume profile and its importance in identifying key market levels. Trader Dale shares examples of successful trades using this technique and discusses the role of market structure and liquidity in applying volume profile strategies effectively.Section 2: Intraday Trading Strategies - Explore various intraday strategies such as scalping and swing trading, and gain insights into managing risk effectively. Dale delves into specific entry and exit criteria for these strategies, as well as the importance of specific types of adaptability in fast-paced market conditions.Section 3: Swing Trading Strategies - Understand the nuances of swing trading and how it differs from other trading styles. The author provides his exact strategies for swing trading with volume profile as well as examples of successful swing trades, advice on spotting opportunities, and the importance of analyzing multiple timeframes to make well-informed decisions.Section 4: Forex Trading Strategies - Discover different forex trading approaches, including trend following and range trading. Most importantly you''ll learn the exact strategies Dale uses in these market conditions. You''ll also learn risk management tips specific to these strategies that is crucial for success.Section 5: Futures Trading Strategies - Learn how to apply Trader Dale''s proprietary volume profile trading strategies to the futures market. The author offers examples of successful futures trades, guidance on identifying potential opportunities, and sheds light on the role of contract specifications and expiration dates in futures trading.Section 6: Money Management Strategies - Implement efficient money management strategies Dale has time-tested over 14+ years of professional trading. Trader Dale emphasizes the importance of proper money management for long-term success, discussing position sizing, stop-loss placement, and profit-taking techniques.Section 7: Accelerating Your Learning - Enhance your trading skills with tips on fast-tracking your learning. Read testimonials from traders who have successfully applied the author''s strategies and gain insights into the value of continuous learning, self-assessment, and adapting to market changes.Section 8: Bonus Video Content - Access exclusive video content on a secret webpage, featuring real intraday and swing trades with Trader Dale''s commentary, as well as recordings of his Volume Profile webinars. These videos serve as a practical supplement to the book, allowing you to see the strategies in action and reinforcing key concepts.Volume Profile: The Insider''s Guide to Trading is a practical and informative resource for traders looking to master the world of trading. Trader Dale''s expertise and experience are evident in his writing, making this book a worthwhile read for anyone serious about trading. Some prior knowledge of trading concepts is helpful, but the author''s explanations make the book accessible to beginners and experienced traders alike.

Read more less

Book SynopsisCoordinating our use of the earth''s natural resources is not easy. Resource users are many, their goals diverse, and their impacts on the environment often uncertain.How we use those resources depends on the signals and incentives we receive, from either the market or our governments. These systems encourage certain uses of natural resources, but they are not perfect. We harm the environment not out of malice, but because we do not know the consequences of our actions, or the incentives for harm are too great to ignore.Economics and the Environment argues that, by lowering the cost and improving the quality of the necessary signals and incentives, we can better reconcile our diverse interests in the environment. It introduces an economic way of thinking about environmental issues, without assuming a background in economics:* how the economy and the environment interact* how resource use is coordinated in ideal market and planned economies* the barriers to ideal signalling and incentives in real markets and real government planning* the economist''s tools for dealing with natural resource issues* the uncertainty and complexity of environmental issues: climate change, water rights, air pollution and overharvesting of common resources.This second edition of Economics and the Environment is fully updated and includes new material on sustainability, valuation of environmental changes, the prospects for international cooperation under the Kyoto Protocol and the problems of defining and enforcing measures to protect biodiversity. It offers students in both economics and environmental studies programs a coherent framework for understanding our major environmental problems.''Ian Wills succeeds in providing a fresh perspective . . . a very interesting and informative textbook.''Economic Record

Read more less

Book Synopsis

Read more less

Book SynopsisConfronting Managerialism offers a scathing critique of the influence of neoclassical economics and modern finance on business school teaching and management practice. Locke and Spender show that responsible management has given way to ‘managerialism’, whereby an elite caste of businessmen disconnected from any ethical considerations call the shots. The book traces the loss of managers’ earlier social concerns, amply encouraged by management education’s transformation since the 1960's, especially in the US. It also questions not only the social ethics of the US management caste but its management efficacy compared to systems of management that are highly employee participatory and dependent, such as in Germany and Japan. A unique, topical and controversial look at a subject that impacts us all.Trade ReviewBusiness Schools are one of the most important institutions of our times; managerialism perhaps the dominant ideology of those times. How strange, then, that the relationship between the two has not been exposed to much serious analysis. In this excellent volume, Locke and Spender do just that and through a combination of historical and comparative international analysis explain the complex and often malign enmeshment of business schools with modern society. Written by acknowledged experts in the area, this is an important book for those who work in business schools; but an even more important book for those who don't and will be informed, astounded or perhaps appalled to discover what goes on within them. * Christopher Grey - Professor of Organizational Behaviour, Warwick Business School, University of Warwick and Visiting Fellow, Judge Business School, University of Cambridge *In a brilliant and compelling narrative, Locke and Spender trace the decline of American business after World War II to the extinction of socially-responsible management by an amoral 'managerialist' caste of professional business school graduates trained to view reality through arcane mathematical tools of abstract decision making, not through the lens of concrete relationships linking humans to each other and to the planet they inhabit. This is a truly important book . . . definitely a must read. * H. Thomas Johnson, Professor of Sustainability Management, Portland State University *Timely... Incisive... and right on target. The authors mount a fierce attack on "managerialism" and the business schools that promote it. The book should leave the professors, the deans, and the CEOs at prominent U.S. businesses nervously looking over their shoulders at the global competition. * Louis Galambos, The Institute for Applied Economics, Global Health, and the Study of Business Enterprise, Johns Hopkins University *In this fascinating book Locke and Spender show us what is wrong with managerialism and what might be done to ensure more participative and long term approach to running organizations. * Martin Parker, Warwick University Business School, and author of 'Against Management' *Everyone should read this book to see what is so wrong with finance capitalism U.S.-style. The book's expose of bad "management philosophy from hell" carries one forward like an adventure story as it describes the academic and global diplomacy whose infighting has spread it. Most important is the authors' conclusion that it doesn't have to be this way! * Michael Hudson, author of 'Super Imperialism' *Table of ContentsForeword Introduction: Managerialism and Business School Education (1920-1970) 1. The Failure of Management Science and the US Business School Model 2. US Managerialsm and Business Schools Fail to Find Their Moral Compass 3. Managerialism and the Decline of the US Automobile Industry 4. Managerialism, Business Schools, and our Financial Crisis Conclusion: Back to Balance References

Read more less

Book SynopsisThere is no alternative to neoliberal economics - or so it appeared when Reclaiming Development was published in 2004. Many of the same driving assumptions - monetarism and globalization - remain within the international development policy establishment. Ha-Joon Chang and Ilene Grabel confront this neoliberal development model head-on by combining devastating economic critique with an array of innovative policies and an in-depth analysis of the experiences of leading Western and East Asian economies. Still, much has changed since 2004 - the relative success of some developing countries in weathering the global financial crisis has exposed the latent contradictions of the neoliberal model. The resulting situation of increasingly open policy innovation in the global South means that Reclaiming Development is even more relevant today than when it was first published. History is being made.Trade ReviewChang and Grabel demolish the myths (or fabrications) underlying neo-liberal views about economic development and provide succinct, constructive suggestions for policies regarding trade and industry, privatization and intellectual property rights, private capital movements, financial regulation, and macroeconomics. Reclaiming Development is a manifesto that should be on the shelves of policy-makers, academics, and students worldwide. * Lance Taylor, New School University, author of Reconstructing Macroeconomics *The dominant neo-liberal economic doctrine asserts that there is no alternative to its policy prescriptions which provide the foundations for success in an age of globalization. This book questions and refutes the belief system implicit in the assertion. It does so in a manner that is highly iconoclastic. Yet, it is solidly grounded in economic theory and empirical evidence, both historical and contemporary. * Deepak Nayyar, Jawaharlal Nehru University *In a world wracked by crises, compromised institutions, and bourgeoning inequalities, Chang and Grabel provide a real, workable roadmap to a post-neoliberal future. Look no further - there are alternatives - and Reclaiming Development points the way. * James Heintz, University of Massachusetts Amherst *This unusually well-written, direct and succinct book describes neo-liberal positions fairly; offers theoretically rigorous and empirically accurate critiques; and describes feasible, practical alternative policies that take realistic account of political, economic and financial constraints. Discussion of financial, monetary, fiscal, trade and industry policy and intellectual property rights is especially strong and constructive and makes important innovative contributions. It is a fine, carefully analytical achievement which would contribute to hastening both efficient and socially just development wherever the insights are appropriately used. * John Langmore, University of Melbourne *Chang and Grabel's book takes on even more salience as the world moves from the global financial crisis. The crisis has created new political economies whereby nations and citizens are attempting to "reclaim" their economies for financial stability, inclusive growth, and environmental sustainability. Reclaiming Development remains a key manual for those looking for a more balanced future. It also serves as an important source for arguments that can debunk reactionary efforts to use the crisis as a means to push an agenda of deregulation. Essential reading for policy-makers, students and those in academia. * Kevin Gallagher, co-director, Global Economic Governance Initiative, Boston University *A growing number of developing countries are taking back control over economic policy from the IMF and the World Bank. The wide range of policy suggestions contained in this book provides a rich mine of concrete and practicable alternatives from which to choose in taking advantage of whatever room globalization still allows developing countries and reshaping economic policy in their own interests. * Martin Khor, executive director, The South Centre *This book is not only a superb antidote to the numbing myths of neoliberalism but also a cogent and stimulating presentation of the many possibilities for alternatives to neo-liberal economic policy that both theory and history provide policy-makers and students of development. * Thandika Mkandawire, Professor of African Development, LSE *Table of ContentsForeword by Robert H. Wade Preface to the critique influence change edition Introduction: Reclaiming Development Part I: Myths and Realities about Development 1. Myth 1 'Today's wealthy countries achieved success through a steadfast commitment to the free market' 2. Myth 2 'Neoliberalism works' 3. Myth 3 'Neoliberal globalization cannot and should not be stopped' 4. Myth 4 'The neoliberal American model of capitalism represents the ideal that all developing countries should seek to replicate' 5. Myth 5 'The East Asian model is idiosyncratic; the Anglo-American model is universal' 6. Myth 6 'Developing countries need the discipline provided by international institutions and by politically independent domestic policymaking institutions' Part II: Economic Policy Alternatives 7. Policy Alternatives 1 Trade and Industry 8. Policy Alternatives 2 Privatization and Intellectual Property Rights 9. Policy Alternatives 3 International Private Capital Flows 10. Policy Alternatives 4 Domestic Financial Regulation 11. Policy Alternatives 5 Macroeconomic Policies and Institutions Conclusion Obstacles and Opportunities for Reclaiming Development

Read more less

Book Synopsis'We need to organise politically to defend the weak, empower the many and prepare the ground for reversing the absurdities of capitalism.' – Yanis Varoufakis 'Capitalism over the past twenty-five years has been an incredible moral good.' – David Brooks The Munk debate on capitalism There is a growing belief that the capitalist system no longer works. Inequality is rampant. The environment is being destroyed for profits. In some western nations, life expectancy is even falling. Political power is wielded by wealthy elites and big business, not the people. But for proponents of capitalism, it is the engine of progress, not just making all of us materially better off, but helping to address everything from women’s rights to political freedoms. We seem to stand at a crossroads: do we need to fix the system as a matter of urgency, or would it be better to hold our nerve?

Read more less

Book SynopsisRecent years have witnessed a veritable epidemic of financial crises - from Mexico, through South East Asia, Russia, Brazil and now Argentina. The rich industrial countries, led by the United States, have had to respond. This book examines the G7‘s attempts over the past decade to re-establish rules and a degree of order in the world financial system through the creation of the Financial Stability Forum and the G20, which they are calling the New International Financial Architecture. Susanne Soederberg asks: · Why has the New International Financial Architecture emerged? · At whose initiative? · What does it involve? · What are the underlying power relations? · Who is benefiting? · Will it really work? The author argues, however, that this tinkering with the capitalist system will not achieve either sustained economic growth or stability in financial markets, let alone enhance the capability of developing countries to tackle the problems of mass poverty and social injustice.Trade Review'Full of facts and persuasive arguments, Susanne Soederberg's book deconstructs the 'commonsense' understanding of the new international financial architecture that the United States has imposed on the world over the last twenty years.'Giovanni Arrighi, author of The Long Twentieth Century ' I highly recommend the analysis of this book to all those who are struggling for another pattern of globalization based on social and international justice.'Samir Amin 'This book is an invaluable resource to international activists who are struggling to be architects of a better future for humanity, and who know that the world must change profoundly if it is to change at all.'Molly Kane, Inter ParesTable of Contents 1. Transcending the 'Common Sense' of the New International Financial Architecture 2. The Mexican Peso Crisis and the Foundations of the New International Financial Architecture 3. The New International Financial Architecture: A New Procrustean Bed for the South? 4. Unravelling Washington's Judgement Calls: The Cases of the Chilean and Malaysian Capital Controls 5. Deconstructing the New International Standard of Corporate Governance: An Emerging Disciplinary Strategy for the South? 6. Linkages between the New International Financial Architecture and the Emerging Development Architecture: The Case of the Monterrey Consensus

Read more less

Book SynopsisDespite the rhetoric, the people of Sub-Saharan Africa are become poorer. From Tony Blair's Africa Commission and the Make Poverty History campaign to the Hong Kong WTO meeting, Africa's gains have been mainly limited to public relations. The central problems remain exploitative debt and financial relationships with the North, phantom aid, unfair trade, distorted investment and the continent's brain/skills drain. Moreover, capitalism in most African countries has witnessed the emergence of excessively powerful ruling elites with incomes derived from financial-parasitical accumulation. Without overstressing the 'mistakes' of such elites, this book contextualises Africa's wealth outflow within a stagnant but volatile world economy.Trade Review'Patrick Bond's book provides a solid theoretical, empirical, and analytical framework showing and proving that the processes of looting the African continent, which started with the slave trade, have continued to this day'. Professor Issa Shivji, University of Dar es Salaam, Tanzania 'A brilliant analysis and timely expose of the rapacious forces ranged against Africans today.' John Pilger ‘An important contribution to the political analysis of the continent, as viewed on the inside.' ComAfrica, Brazil 'This is a sophisticated book for a non-specialist audience, filled with rage at the self-serving drivel that passes for analysis of Africa in the mainstream and the deaths it is responsible for.' Ken Olende, Socialist ReviewTable of Contents List of Figures, List of Tables Preface and Acknowledgements 1. Poor Africa: Two Views 2. Global Uneven and Combined Development: Neoliberalism, Stagnation, Financial Viability 3. Financial Inflows and Outflows: Phantom Aid, Debt Peonage Capital Flight 4. Unequal Exchange Revisited: Trade, Investment, Wealth Depletion 5. Global Apartheid's African Agents: Homegrown Neoliberalism, Repression, Failed Reform 6. Militarism and Looming Subimperialism in Africa - Washington, London, Pretoria 7. Civil Society Resistance: Two Views Notes Index

Read more less

Book SynopsisWho really runs the global economy? Who benefits most from it? The answer is a triad of 'governance institutions' - The IMF, the World Bank and the WTO. Globalization massively increased the power of these institutions and they drastically affected the livelihoods of peoples across the world. Yet they operate undemocratically and aggressively promote a particular kind of neoliberal capitalism. Under the 'Washington Consensus' they proposed, poverty was to be ended by increasing inequality. This new edition of Unholy Trinity, completely updated and revised, argues that neoliberal global capitalism has now entered a period of crisis so severe that governance will become impossible. Huge incomes for a small number of super-rich people produced an unstable global economy, rife with speculation and structurally prone to crises. The IMF is in disgrace, the WTO can hardly meet anymore and the World Bank survives as a global philanthropist. Is this the end for the Unholy Trinity?Trade Review'Invaluable to students and activists alike, this is the essential introduction to the unelected government of the world economy.' Mike Davis, author of Planet of Slums 'This new edition of the Unholy Trinity offers a timely and razor-sharp analysis of the predicament the world economy is in today and how we got there. With characteristic panache, Peet shows why neoliberal orthodoxy got it so totally wrong and details its disastrous social and economic consequences. A must read for those who wish to understand who is responsible, and what needs to be done to turn the world into a more genuinely humanising place for all.' Erik Swyngedouw, University of Manchester 'This is a terrific book...It is politically committed, theoretically sophisticated, analytically incisive, empirically rich, thoroughly engaged, and full of devastating one-liners that greatly enliven its reading.' Roger Lee, Economic Geography 'This is a great book' David Harvey, CUNY 'Unholy Trinity provides an important history lesson of how the IMF, World Bank, and WTO were twisted from their original mandates to serve the interests of corporate globalization.' John Cavanagh, Institute for Policy StudiesTable of Contents Preface Abbreviations and Acknowledgments 1. Globalism and Neoliberalism 2. Bretton Woods: Emergence of a Global Economic Regime 3. The International Monetary Fund 4. The World Bank 5. The World Trade Organization 6. Global Financial Capitalism and the Crisis of Governance Bibliography Index

Read more less

Book SynopsisThe landscape of the world economy is changing rapidly, including new and much more powerful roles for the IMF and World Bank, as well as the rapid growth of wider free trade areas in North America and Europe. Current global trading arrangements, however, involve serious obstacles for exporters from the South as well as rivalries between the major economies. This book explores how the international trading system came into existence, the ways in which commodity markers work today, and why the poor countries of the South are facing not free trade, but unfair trade. It traces the stages of the world's economic development which has resulted in a this stark imbalance between North and South, following the chain of trade from crop to shop.The book's lessons are relevant to students, policy makers, and all those interested in a world trading system built on more than market muscle and the profit motive - a system that serves the interests of ordinary people everywhere.Trade Review'A book full of originality which offers an alternative theory and an alternative programme to those currently being imposed on the weak by the strong.'Robin Murray, Institute of Development Studies, University of SussezTable of Contents Preface Part I: Unfair Trade 1. Introduction 2. The World Division of Labour in Historical Perspective 3. The Division of World Resources Between Rich and Poor 4. The World Market 5. The Role of the Market 6. The Middlemen Part II: Making Trade Fairer 7. Regulating the Market 8. Aiding the Market 9. Centrally Planned Trade 10. A Parallel Trading System 11. Alternative Trade: In and Against the Market 12. What Can be Done Now? Appendix: Alternative Trading Organisations Glossary of Acronyms and Technical Trade Terms Index

Read more less

Book SynopsisThis extraordinary book explores the spread of globalization. The authors - journalists on Der Spiegel - provide an account that is highly informed, yet extremely readable. They show how internationalism, once an invention of social-democratic labour leaders, has firmly changed sides. Now more than 40,000 transnational corporation play off their own workers - and different nation-states - against one another. The book opens with a fly-on-the-wall account of a seminar attended by the leaders of major corporations. It revealed that the biggest manufacturers are not simply shifting production away from the industrial countries, but foresee a new century where their labour needs will plummet. Talk at the gathering was all about the 20:80 society, where 20 per cent of the population will suffice to keep the world economy going and the unemployed 80 per cent will be pacified by a diet of 'tittytainment' - ie the modern equivalent of bread and circuses but without nearly so much bread. Calling for the restoration of the primacy of politics over the economy and the repair of the state before it is too late, this book is a a cry of alarm. Currently being translated into 13 languages, The Global Trap is set to become an international bestseller; it cannot be ignored.Trade Review'Excellent. A very powerful text.' Barbaara Pyle, Executive Producer, CNNTable of Contents 1. The 20:80 society - world shapers toward a new civilization 2. Everything is everywhere - the force of globalization and global fragmentation 3. Limited liability dictatorship - playing billiards on the world's financial markets 4. The law of the wolves - the borderless jobs crisis and the new transnationals 5. Comfortable lies - the myths of location and global justice 6. Save yourself if you can, only, who can? - the disappearence of the middle class and the rise of radical seducers 7. Culprit or victim? - the poor global player and the comfortable return of coercion 8. To whom does the state belong? - the decline of politics and the future of national sovereignty 9. The end of aimlessness - escaping the dead end street 10. 20 ideas against the 20:80 society.

Read more less

Book SynopsisGlobalization creates growth without jobs in the North, structural adjustment in the South, privatization in the East and the dismantling of states everywhere. It is a process which unifies through market integration and new information technologies, yet separates through growing social polarization. It is also a process which depends on the feminization of employment; rather than liberating women into the workplace, globalisation has bred a new underclass of low paid or unpaid women workers. Demonstrating exactly how women, all over the world, have become the call-girls of the global labour market, the author of this extraordinary book uses a mixture of case studies, examples and quotations to illustrate some hard facts. She looks at women across the world - to show how their lives have been turned upside down by industrialization in the South and a return to homeworking in the North. We meet Martha, 17-year old mother of two in Harlem, who cannot afford medical provision on the salary she has been forced to accept; Margaret, former secretary at the Ministry of Agriculture in Nairobi, now trading in second-hand clothes; Li Thi, a Vietnamese woman who is paid $500 a year for stitching the same running shoes that a top US basketball player is paid $20 million a year to promote. From New York to Phnom Penh, from Moscow to Dakar, we see the devastating effects of the unfettered power of transnational corporations on women’s lives. This book charts that devastation and calls for urgent action - by states across the world and by women themselves.Table of Contents Introduction 1. The Global Conveyor Belt 2. Worldwide Service 3. Means of Living 4. Women in the Wreckage of Structural Adjustment 5. Variants of Modernity 6. The Globalization of Women's Movements Bibliography Index

Read more less

Book Synopsis

Read more less

Book SynopsisThis open access book examines the multiple intersections between national and international courts in the field of investment protection, and suggests possible modes for regulating future jurisdictional interactions between domestic courts and international tribunals. The current system of foreign investment protection consists of more than 3,000 international investment agreements (IIAs), most of which provide for investment arbitration as the forum for the resolution of disputes between foreign investors and host States. However, national courts also have jurisdiction over certain matters involving cross-border investments. International investment tribunals and national courts thus interact in a number of ways, which range from harmonious co-existence to reinforcing complementation, reciprocal supervision and, occasionally, competition and discord. The book maps this complex relationship between dispute settlement bodies in the current investment treaty context and assesses the potential role of domestic courts in future treaty frameworks that could emerge from the States’ current efforts to reform the system.The book concludes that, in certain areas of interaction between domestic courts and international investment tribunals, the “division of labor” between the two bodies is not always optimal, producing inefficiencies that burden the system as a whole. In these areas, there is a need for improvement by introducing a more fruitful allocation of tasks between domestic and international courts and tribunals – whatever form(s) the international mechanism for the settlement of investment disputes may take.Given its scope, the book contributes not only to legal analysis, but also to the policy reflections that are needed for ongoing efforts to reform investor-State dispute settlement.Table of ContentsScope and objective of this report.- Why investment arbitration and not domestic courts? The origins of the modern investment dispute resolution system, criticism, and future outlook.- The interplay between investor-state arbitration and domestic courts in the existing IIA framework.- The path to reform of ISDS: What role for national courts?.- Conclusions and recommendations.

Read more less

Book SynopsisIn this book Harold L. Vogel comprehensively and holistically examines the business economics and investment aspects of major components of the travel industry, including airlines, hotels, casinos, amusement and theme parks, cruise lines, and tourism. The book is designed as an economics-grounded text that uniquely integrates reviews of each sector’s history with economics, accounting, and financial aspects and analysis. As such, it provides a concise, up-to-date reference guide for financial analysts, economists, industry executives, legislators and regulators, advertisers, and journalists interested in the economics, financing, and marketing of travel and tourism-related goods and services.The fourth edition of this well-established text updates, refreshes, and significantly broadens the coverage of tourism economics. It includes new sections on travel law and applications of big data and artificial intelligence technologies as well as additional material on demographic spending patterns, the online travel agency business, the pandemic’s effects and affects on industry finances, expanded coverage of the cruise line industry, and information on the damage to tourist destinations caused by excessive pollution and traffic.Table of Contents Part I: Introduction.- Part II: Getting There.- Part III: Being There.- Part IV: Doing Things There.- Part V: Roundup.

Read more less

Book SynopsisThis book examines the rise, spread and decline of participatory budgeting in Brazil. In the last decade of the twentieth century Brazil became a model of participatory democracy for activists, practitioners, and scholars. However, some thirty years later participatory budgeting is in steep decline, and on the verge of disappearing from Brazil. Drawing from institutional, political choice, civil society, and public administration literature, this book generates theory that accounts for the rise and fall of an innovative democratic institution. It examines what the arc of the creation, spread, and decline of participatory budgeting tells us about the long-term viability and potential democratic impact of this innovative democratic institution as it spreads globally. Will the same inverted trajectory plague other countries in the future, or will they be able to sustain participatory budgeting for greater periods of time?Table of ContentsChapter 1: IntroductionChapter 2: Analytical Framework: Internal, Horizontal, VerticalChapter 3: Creation: Workers’ Party Governments and Civil Society AlliesChapter 4: The Spread of PB: The Workers’ Party and BeyondChapter 5: Outcomes: When and Where Did PB Live Up to the Hype?Chapter 6: The Slow Decline of PB from 2005 to 2020Chapter 7: Conclusion

Read more less

Book SynopsisThis textbook investigates the linkages between energy-commodities markets, financial markets and the economy and incorporates different aspects of the energy market, organizing the relevant material in two distinct parts. Part one includes studies that relate to the impact of developments in the various energy-commodities markets (e.g., oil, gas) both on financial markets and economic growth, including studies that consider the impact of energy prices on financial markets or the effect on specific macroeconomic variables, such as interest rates, inflation, GDP. Part two discusses developments in the energy market from a climate change or green financing point of view, further considering issues that relate to climate finance, green investing, as well as policy making relating to GHG Emissions. By introducing a multitude of topics in energy finance, this textbook provides a holistic view of the market and its importanceTable of ContentsChapter 1. Review of the Development of Energy Finance.- Chapter 2. What Do We Know About the Oil Price-Exchange Rate Link? - The Role of Time-Variation and Supply/Demand Dynamics.- Chapter 3. Crude Oil Prices, Exchange Rates, Stock Markets and Industrial Production Relationships in Emerging Markets.- Chapter 4. How Do Energy Market Shocks Affect Economic Activity in the Us Under Changing Financial Conditions?- Chapter 5. Tracing the Sources of Contagion in the Oil-Finance Nexus.- Chapter 6. Volatility Contagion between Crude Oil and G7 Stock Markets in the Light of Trade Wars and COVID-19: An Application Based on the TVP-VAR Extended Joint Connectedness Approach.- Chapter 7. The Impact of Market Uncertainty on the Systematic Risk of Clean Energy Stocks.- Chapter 8. Climate Finance.- Chapter 9. Socially Responsible Investing (SRI), Connectedness Dynamics and Portfolio Effectiveness: The Case for Green Bonds.- Chapter 10. Are Policy Stances Consistent With the Global Ghg Emission Persistence?

Read more less

Book SynopsisIncome inequality is a serious problem confronting not only the developed world but also developing countries. Recently, financialization has been one of the culprits identified in literature as one of the cause of income inequality. This book offers the only detailed presentation of the how financialization aided the spread of income inequality in Organization of Islamic Cooperation, OIC countries. Finance has taking a center stage in the affairs of most developing economies, surpassing the real sector of the economy. The result is the creation of an indebted society in which people are comfortable with financing their financial needs through credit. This creates a debt laden society that is trapped in the cycle of debt. This book represents a comprehensive and indispensable source for students, practitioners and the general public at large. It presents data which shows the buildup of debt and the rising income inequality in Muslim countries. It includes discussion of the rise in rentier income, financialization of everyday life, decline in physical capital accumulation and deregulation of the financial sector. The book therefore, proffers solutions on how Muslim countries can come out of the present economic problem facing them. The promotion and adoption of Islamic principles, which promotes risk sharing based contracts as against debt based transaction is the way to go. When financial contracts are based on the principles of risk sharing, any gains from economic activities get to be shared equitably. Hence, not only capital owners get to enjoy the benefit from the income derived from investments, but rather, all parties that partake in the contract. Distinguished by its clarity and readability as it is written in a very easy to understand language, it is an important reference work for any concerned individual interested on the recent causes of income inequality in Muslim World.

Read more less

Book SynopsisDie zuverlässige Versorgung der Gesellschaft mit Strom ist von grundlegender Bedeutung. Die Studie richtet sich mit Empfehlungen zu Investitions-, Sicherheits-, Effizienz- und Qualitätsaspekten elektrischer Netze an Wissenschaft, Wirtschaft und Politik. Ziel ist, eine Basis für politische Entscheidungen sowie administrative und unternehmerische Maßnahmen zu bieten. Durch die fachübergreifende Analyse der netzwirtschaftlichen Pflichten und ihrer Regulierung wird eine Lücke in der wissenschaftlichen Betrachtung geschlossen und Impulse für die weitere Gestaltung der Elektrizitätsnetzwirtschaft gegeben.Table of ContentsExecutive Summary.- Grundlagen der Analyse.- Zielkonflikte in der Netzregulierung.- Fazit, Handlungsempfehlungen und offene Fragen.

Read more less

Book SynopsisDas Werk informiert Investoren, Unternehmer, Manager, Politiker und Berater umfassend und praxisnah über den aktuellen Stand der Chancen und Risiken eines geschäftlichen oder beruflichen China-Engagements. Die dritte Auflage zeigt, wie drastisch China sich wirtschaftlich und kulturell in den letzten Jahren verändert hat. Das Buch liefert eine aktuelle Beschreibung und langfristige Perspektive des Landes, das die weltweite Wirtschaft des 21. Jahrhunderts dominiert. Chinesischen Initiativen wie dem Ausbau der Seidenstraße One Belt One Road und Made in China 2025 stehen europäische und amerikanische Politiker geradezu machtlos gegenüber, wie Wirtschaftszahlen und Prognosen verdeutlichen. „China Business“ bietet einzigartige Einsichten und Erfahrungen aus mehr als drei Jahrzehnten für jeden, der sein Engagement mit China strategisch auf die Zukunft ausrichten will, ebenso wie für China-Interessierte, die mehr über das Land erfahren wollen.Table of Contents"Auf nach China" - aber warum?.- Marktchancen für (fast) jeden?.- Was Sie in China erwartet.- Was Ihnen China bietet.- Chinageschäft und interkulturelle Kommunikation.- Strategie des Markteintritts.- Praxis der Unternehmensgründung.- Grundfragen zur Unternehmensführung.- Mitarbeiter: Einsatz und Motivierung.- Markt und Marketing.- Chinesen besser verstehen.- China-Trends 2025.

Read more less

Book SynopsisDer Brexit bildet eine historische Zäsur, dessen Wurzeln siebzig Jahre zurückreichen. Seine Folgen werden lange nachwirken. Die Entscheidung Englands für den Brexit hat die dort schwelende EU-Debatte nicht gelöscht, sondern erst richtig entfacht und das Land unversöhnlicher gespalten als je zuvor. Die angeblichen Vorteile des Brexit bleiben vage, seine ökonomischen Probleme sind hingegen konkret. Die EU ihrerseits steht vor einer existentiellen Krise.Der Mythos der Unumkehrbarkeit und der Anspruch, das manifest destiny Europas zu verkörpern, sind dahin. Die EU verliert ein wichtiges, leistungsfähiges und wirtschaftlich starkes Mitglied. Der Autor, selbst jahrelang als Diplomat an der Deutschen Botschaft in London tätig, zeigt in diesem Buch eingängig auf, wie es zum Volksentscheid für den Brexit kommen konnte und wie das Ergebnis zu bewerten ist. Welche Ansätze verfolgt Theresa May mit ihrem Kabinett, um das Votum der Wähler umzusetzen? Welche Zukunftsperspektiven ergeben sich daraus für das Vereinigte Königreich? Welche Folgen könnte dessen Ausscheiden für die EU insgesamt, insbesondere aber für Deutschland haben?Die Antworten auf diese Fragen bilden die Grundlage für die spannenden und anschaulich gestalteten Analysen und Diagnosen des Autors. Das Buch ist der erste Ansatz, den Brexit umfassend als historisches Ereignis in allen seinen unterschiedlichen Aspekten zu begreifen. Es beruht auf wissenschaftlicher Forschung sowie auf umfangreichen Recherchen, persönlichen Interviews und direkten Kontakten aus seiner Zeit als Diplomat. Niemand, der sich für den Brexit und seine Folgen interessiert, kommt an diesem Buch vorbei!Trade Review“... Das Buch erläutert Hintergründe, geschichtliche Zusammenhänge und Motive des Brexit ... Wer Brexit und seine vielfältigen Implikationen verstehen will, wird hier fündig.” (Sina Hardaker, in: Geographische Rundschau, Heft 11, November 2019)“... Detailreich und kundig formuliert der Autor einen spannenden Überblick, gestützt durch zahlreiche Quellen und persönliche Gespräche mit Entscheidungsträgern. Dabei beleuchtet er den Brexit von verschiedenen Seiten, wobei die Innenperspektive der britischen Politik den Fokus bildet, aber dennoch die Situation der EU und insbesondere Irlands differenziert abgebildet wird. Ihm gelingt es damit, eine überaus komplexe Thematik in einer Weise darzustellen, die – vielleicht zum ersten Mal – eine fundierte Beurteilung des Brexits erlaubt und damit einen wichtigen Beitrag zur Versachlichung der Debatte leistet ...” (Martin Repohl, in: Portal für Politikwissenschaft pw-portal.de, 23. Juli 2019)Table of Contents1. Fremd in Europa: In Europe, but not of Europe.- 2. Der Weg zum Brexit - David Cameron im Kampf gegen die EU und die eigene Partei.- 3. Brexit bedeutet Brexit - Theresa May und die Quadratur des Kreises.- 4. Der Brexit und seine Folgen.- 5. Ausblick.

Read more less

Book SynopsisWas steckt hinter der durch Donald Trump geprägten neuen Wirtschaftspolitik der USA? Ist eine populistische Präsidentschaft in den Vereinigten Staaten ein vorübergehendes Phänomen? Dieses Buch erklärt, warum „Trumpism“ ein strukturelles Problem ist und welche Folgen der US-Protektionismus und die inkonsistente Wirtschaftspolitik für die USA, die Europäische Union und Asien haben werden. Wirtschaftlich zerstört Trump den Multilateralismus und die Arbeit internationaler Organisationen – die USA unter Trump unterstützen den BREXIT und untergraben Integrationsprojekte weltweit. Europäische Länder könnten den USA helfen, Stabilität in einem nicht-populistischen Rahmen wiederherzustellen, indem sie Elemente der erfolgreichen Sozialen Marktwirtschaft exportieren. Schwächen im US-Gesundheitssystem, nicht erst seit der Coronavirus-Krise sichtbar, könnten so überwunden werden.Table of ContentsImpeachment-Verfahren und Druck auf die US-Wirtschaft und die US-Wirtschaftspolitik im Kontext des Corona-Schocks.- Ungleichheit, Ergebnisse einer US-Umfrage und Wirtschaftsanalyse: Das Argument für strukturellen Trumpismus.- Protektionistische US-Politik und expansive Fiskalpolitik: Anhaltende Widersprüche.- Trumps Politikansatz und EU-Perspektiven.- Handel, Beschäftigung und transatlantische Politikaspekte.- EU-Reformprobleme und das Aufkommen des Populismus in Europa.- Perspektiven für die USA, Asien und die EU.- China: Risiken und Herausforderungen.- Schlussfolgerungen für internationale Unternehmen.- Schlussfolgerungen zur internationalen Politik.- Kanada, die Vereinigten Staaten und die Eurozone: Auswirkungen auf die US-Reformen.

Read more less

Book SynopsisDieses Buch verfolgt das Ziel, die Rückkopplungseffekte einer Standardänderung innerhalb der IFRS-Rechnungslegung auf die unternehmerischen Handlungsmöglichkeiten des Bilanzierenden ökonomisch zu analysieren und diese normativ kritisch zu würdigen. Einen inhaltlichen Schwerpunkt bilden die Fragestellungen, inwieweit dem Informationszweck der Rechnungslegung entgegenstehende, opportunistisch ausnutzbare Spielräume infolge einer Regelungsänderung reduziert wurden und ob sich tatsächliche, bilanzpolitische Signalisierungsmöglichkeiten für die Bilanzersteller ergeben. Die IFRS-16-Standardänderung wird dafür als beispielhaftes Instrument zur Verbesserung der Kommunikationsmöglichkeiten des bilanzierenden Unternehmens betrachtet und untersucht. Eine wesentliche Erkenntnis ist, dass die Wirksamkeit der Regelungsänderung vor dem Hintergrund der konzeptionellen Analyse entstehender Handlungsoptionen sowie der ersten erzielbaren empirischen Evidenz zu bestätigen ist. Relativ stärkere Unternehmen werden aufgrund ihrer vergangenen Unternehmensperformance auch künftig in der Lage sein, die Kosten sachverhaltsgestaltender Maßnahmen aufzubringen, um sich durch ein wirksames Signaling am Kapitalmarkt abzuheben.Table of Contents1. Einleitung.- 2. Die Notwendigkeit von Standardänderungen zur Aussendung zweckmäßiger bilanzpolitischer Signale – Ableitung eines normativen Referenzrahmens zur Beurteilung der Änderung internationaler Rechnungslegungsnormen.- 3. IFRS 16 als Beispiel eines single accounting standard change.- 4. Analyse der Leasingbilanzierung als Steuerungsinstrument.- 5. Kritische Würdigung der Standardänderung zur Schaffung einer signalisierungsfähigen Jahresabschlusserstellung.- 6. Zusammenfassung und Ausblick.

Read more less

Book SynopsisDiese Studie beleuchtet und analysiert die aktuellen Perspektiven der Weltwirtschaft vor dem Hintergrund des Russland-Ukraine-Krieges. Mit dem Angriffskrieg Russlands am 24. Februar 2022 ergibt sich eine Zeitenwende. Gegen Russland haben viele Länder umfassende Sanktionen verhängt, nicht immer durchdacht. Große Flüchtlingsbewegungen und zugleich starke Energiepreis- und Weizenpreis-Erhöhungen sowie hoher Inflationsdruck ergeben sich weltweit. Von Seiten einiger Ökonomen ist ein deutsches und EU-seitiges Gas-Importembargo gegenüber Russland vorgeschlagen worden – bei überschaubaren ökonomischen Effekten. Diese Sicht ist zweifelhaft, zumal mit Gegenmaßnahmen Russlands bei einem Boykott von Energieexporten zu rechnen ist. Bei der Russland-Analyse des Westens gibt es kritische Punkte; Putins neue Ideologie war seit 2016 erkennbar. Die Weltwirtschaft dürfte vor einem Zerfall in regionale Handelsblöcke stehen und die Wirkungsmacht wichtiger internationaler Organisationen ist gemindert: zum Nachteil von Wachstum, Innovation und Stabilitätsverankerung. Eine EU-Ukraine-Erweiterung ist als kritische Herausforderung zu sehen.Table of Contents

Read more less

Book SynopsisThis textbook provides a comprehensive overview of macroeconomic relationships and explains the most important macroeconomic variables in an easy-to-understand manner. The reader is introduced to important macroeconomic variables such as inflation and aggregate demand in chapters that build on one another. They learn, among other things, how economic crises arise or the role and functioning of money, capital and goods markets. The aim is to provide the reader with economic knowledge that can be applied in business practice. The economics material has been deliberately selected so that business studies content is usefully supplemented. However, detailed explanations and both application-oriented and practice-related examples and exercises make it easy for non-economists to understand the complex economic topics. Well-founded knowledge presented in an immediately comprehensible way! Table of ContentsIntroduction.- National Accounts.- Neoclassical Macro Model.- Inflation.- The Monetary Policy of the European Central Bank.- Keynesian Theory.- Business Cycle Theories.- International Financial Markets.- Solutions Exercises.

Read more less

Book SynopsisDie Bilanzierung von Unternehmenszusammenschlüssen nach IFRS 3 stellt ein besonders anspruchsvolles und beratungsintensives Gebiet im Bereich der Internationalen Rechnungslegung dar. In Anlehnung an den IFRS-Kommentar (Buschhüter/Striegel) führt das Werk zunächst den englischen Originaltext an und ermöglicht damit einen ganzheitlichen Blick auf die aktuelle Gesetzeslage. Die deutschsprachige, präzise und zugleich praxisnahe Heranführung an die Materie des IFRS 3 Business Combinations bietet dem Praktiker einen übersichtlichen Leitfaden bei der Bilanzierung von Unternehmenszusammenschlüssen. Dabei finden aktuelle wissenschaftliche Aspekte und praktische Belange Berücksichtigung.Table of ContentsNormzweck und Anwendungsbereich. - Identifizierung eines Unternehmenszusammenschlusses. - Bewertungszeitraum. - Folgebilanzierung. - Ausweis und Angaben​.

Read more less

Book SynopsisDieses Buch konzentriert sich auf die aktuellen Spannungen zwischen China und den USA im Zusammenhang mit dem Handelsungleichgewicht und erörtert Chinas Öffnungsstrategie im Kontext dieses Handelskonflikts. Das Buch gliedert sich in zwei Teile. Im ersten Teil legt der Autor eine detaillierte Analyse des aktuellen Stands der Handelsbeziehungen zwischen China und den USA vor und beschreibt die möglichen Auswirkungen von Handelskonflikten zwischen China und den USA. Zu den in diesem Teil behandelten Themen gehören die Neuschätzung des US-Handelsdefizits mit China, Chinas Status als Nicht-Marktwirtschaft, die Auswirkungen der bilateralen Investitionsabkommen zwischen China und den USA auf Chinas verarbeitende Industrie sowie die geschätzten Wohlfahrtsverluste und -gewinne, die sich aus dem Handelskrieg zwischen China und den USA ergeben. Teil II untersucht Chinas mögliche Reaktion und Entwicklungsstrategie im Kontext der De-Globalisierung. Ausgehend von einem Überblick über die drei Phasen der chinesischen Wirtschaftsreform und Öffnungspolitik in den vergangenen vier Jahrzehnten erörtert der Autor die künftigen Aufgaben, die das Land in eine neue Phase der umfassenden Öffnung führen würden. Schließlich wird in dem Buch die Rolle der Handelsabwicklung, der Handelsliberalisierung und der Unternehmensleistung bei der Förderung von Chinas wundersamem Wirtschaftswachstum umfassend untersucht, um ein besseres Verständnis von Chinas Erfahrungen mit der Öffnung in den letzten vier Jahrzehnten zu fördern.Table of ContentsZum Verständnis des jüngsten Handelskonflikts zwischen China und den USA - Der Status von Chinas Marktwirtschaft und Strukturreformen: Die Hintergründe des Handelskriegs zwischen den USA und China.- Der morgige Tag: Bewertung der Auswirkungen von Trumps Handelskrieg. - Die potenziellen Auswirkungen des BIT zwischen China und den USA auf das chinesische verarbeitende Gewerbe.- Chinas internationale Handelsentwicklung und die Gestaltung der Öffnungspolitik in den letzten vier Jahrzehnten.- Drei Aufgaben für den Aufbau einer umfassenden Öffnungsstrategie.- Die Ausweitung der Öffnung: Chinas Olivenzweig zur Globalisierung.- Die Auswirkungen der Internationalisierung des RMB auf die Belt and Road Initiative: Evidenz aus bilateralen Swap-Vereinbarungen.- Die außergewöhnliche Leistung chinesischer Direktinvestitionsunternehmen im Ausland.- Chinas Freihandelshäfen: Wirksame Maßnahmen gegen die Bedrohung durch die De- Globalisierung.- Verarbeitender Handel, Handelsliberalisierung und Öffnung: Chinas Wunder des internationalen Handels.

Read more less