International economics Books

Book SynopsisThe Right Place explains why firms succeed in one country and fail in another, irrespective of their inner drivers, and suggests potential initiatives that governments can take to help the private sector create jobs and, consequently, make their countries more prosperous. The competitiveness race is not unlike a cycling race. If you want to ride fast, you need three things: a good bike, to be in good shape, and a smooth and fast road. In a collaborative model, you might say the business is the bicycle, the business leader is the cyclist, and the road is the government and the external environment. The responsibility of a government is to design and build the best possible road. It turns out that when the road is good, good cyclists suddenly appear and want to race on it. In this book, competition and macroeconomics expert, Arturo Bris, provides the analysis of country competitive performance based on 30 years advising countries on this topic. The typical mistakes that countries make are revealed and the pillars necessary in building a competitive economy: economic performance as a necessary condition for prosperity; government efficiency, so the public sector can create the conditions for a productive economy; business efficiency, so companies can create jobs; and infrastructure, both tangible and intangible, so businesses and individuals can operate efficiently. With contemporary case studies throughout, the book provides an illuminating read for politicians, business leaders and students of macroeconomics.Trade Review"Enormously ambitious, wide-ranging and filled with insights. A marvellous and impressive book that makes you re-think how and why businesses thrive (and fail)."Peter Frankopan, Professor of Global History at Oxford University, author of The Silk Roads"There is no silver bullet for competitiveness. Many books promise quick fixes, but the wisdom in this new book by Arturo Bris is taking an ecosystem approach. This is the holistic roadmap emerging markets need to catch the next waves of productivity and globalization."Dr. Parag Khanna, managing partner of FutureMap and author of Connectography"This book by Arturo Bris, brings together the insights of the IMD World Competitiveness Centre over thirty years, as well as his personal travel and research in the last six years in Asia, the Middle East, Europe and Latin America, to understand why corporations achieve success and perform the way they do. Bris covers a broad terrain, highlighting not just corporate strategies but largersocietal inputs such as education and government strategies which are crucial to competitiveness. A useful comparative blueprint for corporations and countries who wish to achieve the same success as the best in the world."Chan Heng Chee, Ambassador-at Large and Chair of the Lee Kuan Yew Centre for Innovative Cities, Singapore University of Technology and Design."Arturo Bris is the superstar of country competitiveness. Over the years we have enjoyed his annual reports and rankings on the competetiveness of nations around the globe. In this seminal book he shows us why it matters for business. A warm recommendation to anyone interested in decion-making beyond the state and survival strategies of companies."Alexander Stubb, Professor and Director at the European University Institute, Former Prime Minister of Finland"Enormously ambitious, wide-ranging and filled with insights. A marvellous and impressive book that makes you re-think how and why businesses thrive (and fail)."Peter Frankopan, Professor of Global History at Oxford University, author of The Silk Roads"There is no silver bullet for competitiveness. Many books promise quick fixes, but the wisdom in this new book by Arturo Bris is taking an ecosystem approach. This is the holistic roadmap emerging markets need to catch the next waves of productivity and globalization."Dr. Parag Khanna, managing partner of FutureMap and author of Connectography"This book by Arturo Bris, brings together the insights of the IMD World Competitiveness Centre over thirty years, as well as his personal travel and research in the last six years in Asia, the Middle East, Europe and Latin America, to understand why corporations achieve success and perform the way they do. Bris covers a broad terrain, highlighting not just corporate strategies but largersocietal inputs such as education and government strategies which are crucial to competitiveness. A useful comparative blueprint for corporations and countries who wish to achieve the same success as the best in the world."Chan Heng Chee, Ambassador-at Large and Chair of the Lee Kuan Yew Centre for Innovative Cities, Singapore University of Technology and Design."Arturo Bris is the superstar of country competitiveness. Over the years we have enjoyed his annual reports and rankings on the competitiveness of nations around the globe. In this seminal book he shows us why it matters for business. A warm recommendation to anyone interested in decision-making beyond the state and survival strategies of companies."Alexander Stubb, Professor and Director at the European University Institute, Former Prime Minister of FinlandTable of ContentsINTRODUCTION 1. THE TAYBEH BREWING COMPANY 2. FULL MOON BREWWORKS 3. THE IMPORTANCE OF THE BUSINESS ENVIRONMENT 4. THE EIGHT CHARACTERISTICS OF SUCCESS 5. THE VALUE OF COLLABORATION 6. THE IMPORTANCE OF GLOBAL FACTORS7. DEFINING A NEW MEASURE OF SUCCESS 8. WHAT IT TAKES TO BE COMPETITIVE9. BUSINESS CONSULTANTS 10. EDUCATION 11. INFRASTRUCTURE 12. THE PRIVATE SECTOR CREATES JOBS 13. THE RULE OF LAW 14. GOVERNMENT-INDUSTRY PARTNERSHIPS 15. NATIONAL CHAMPIONS, BUT ALSO SMALL AND MEDIUM ENTERPRISES 16. BRANDING A NATION 17. TECHNOLOGY, INNOVATION, EDUCATION, GENDER POLICIES, AND SUSTAINABILITY 18. THIS BOOK IS FOR BOTH BUSINESS AND POLITICAL STAKEHOLDERS PART 1. THE DRIVERS OF BUSINESS COMPETITIVENESS 19. INTRODUCTION 20. FOOTBALL: COACHES AND THE PERFORMANCE OF TEAMS 21. THE DRIVERS OF PERFORMANCE 22. THE IMPACT OF LEADERS ON PERFORMANCE 23. WHAT DRIVES PERFORMANCE BEYOND LEADERS? 24. GLOBAL EFFECTS 25. NATIONAL COMPETITIVENESS AND BUSINESS SUCCESS 26. HOW THE NATIONAL CONTEXT MATTERS: TAIWAN AND GIANT BICYCLES 27. THE IMPORTANCE OF THE INTERNATIONAL CONTEXT: THE CASE OF RUSSIA PART 2. UNDERSTANDING COMPETITIVENESS 28. INTRODUCTION29. WHAT IS COMPETITIVENESS 30. LOOKING BACK TO HISTORY 31. SETTING THE COMPETITIVENESS PATH 32. HAPPINESS: AND THE SEARCH OF THE MODERN-DAY SHANGRI-LA 33. CONCLUSION: WE MANAGE WHAT WE CAN MEASURE PART 3. WHAT IT TAKES TO HAVE A NATIONAL STRATEGY 34. INTRODUCTION 35. A GOOD STRATEGY36. THE IMPORTANCE OF NATIONAL CONSENSUS 37. POLITICAL LEADERSHIP 38. A LONG-TERM VIEW 39. THE IMPORTANCE OF EXECUTION: DELIVERY UNITS 40. AVOID CONSULTANTS!!! PART 4. THE PATH TO COMPETITIVENESS 41. INTRODUCTION 42. EDUCATION 43. OPENNESS/TALENT ATTRACTION 44. INFRASTRUCTURE 45. RULE OF LAW 46. CORRUPTION 47. FINANCIAL SYSTEM AND STOCK MARKETS 48. IT IS THE PRIVATE SECTOR THAT CREATES JOBS 49. PUBLIC-PRIVATE PARTNERSHIPS 50. NATIONAL CHAMPIONS, BUT ALSO SMES 51. BRANDING THE COUNTRY 52. CONCLUSION PART 5. BEING COMPETITIVE IN THE 21ST CENTURY 53. INTRODUCTION 54. THE ROLE OF UNIVERSITIES IN INNOVATION ECOSYSTEMS 55. COMPETITIVENESS THROUGH TECHNOLOGY 56. GENDER BALANCE AND GROWTH 57. SUSTAINABILITY: PUTTING PEOPLE FIRST 58. PUBLIC POLICY TO RESOLVE MARKET FAILURES 59. EDUCATION FOR THE TWENTY-FIRST CENTURY 60. COMPETITIVENESS AND INCOME INEQUALITY 61. HOW CAN DEMOCRACIES EXCEL CONCLUSION

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Book SynopsisThe day-to-day world of crude oil traders is not usually open to outsiders. Few non-specialists appreciate how oil traders approach the markets, what their backgrounds are and how they make money.This book brings the oil trading world to vivid life by introducing the reader to 40 real-life trades or strategies that were carried out by named market participants. The 40 chapters cover different geographies and different crude oil markets, providing an unparalleled insight into how crude oil traders work and think. Oil trading developed in its current form in the 1980s and the chapters cover these early beginnings through to the present day. The trades have been grouped in sections that relate to the nature of each trade and its broader use as an example of a successful trading style. Sections cover approaches to arbitrage trading; the impact of geopolitics; logistics and storage plays; short-term versus longer term trading; managing new crude oil grades; trading crude oil derivTable of Contents1. Night Flight To Siberia – Colin Bryce 2. A Sweet Deal – Philippe Khoury 3. Where Physical Meets Paper – Kurt Chapman 4. A False Arbitrage – Adi Imsirovic 5. A Russian Arbitrage Strategy – Trym Nordhus 6. Leveraging Local Knowledge – Ralf-Dieter Poth 7. Finding The Global Optimal – Manosh Saha Macro & Micro Trading 8. Calling A Collapse – Eric Rubenstein 9. Learning From Misfortune – Cui Zhenchu 10. Facing A Force Majeure – Anne Devlin 11. Trading The Micro Structure – Sylvia Low 12. Financing Oil Traders – Philippe Cohen 13. Starting From ‘Why Not’ – Alessandro Liberati Spot versus Term Trading 14. Publish And Circulate – Elizabeth Bossley 15. Bringing Indexation to Russia – Elena Lobodina 16. Updating The NOC Model – Juan Carlos Fonnegra 17. Flexibility Of Supply – Mohammed Minkara 18. Turning Weakness Into Strength – Michael Dugdale 19. The Value Of Persistence – Geena Malkani Logistics and Storage Trading 20. Preserving Pipeline Economics – John Krus 21. A U.S. Pipeline Frenzy – Anne Summers 22. Finding Interesting Niches – Michael Hacking 23. Smoothing Logistics – Chris Del Vecchio 24. Trading Floating Storage – Daphne Teo 25. Trading Around Strategic Storage – Justus van der Spuy Trading New Crude Oil Grades 26. Marketing The First Brent – Richard Johnstone 27. Flexibility Plays – Rajaraman Jayaraman 28. Refining The First Norwegian Oil – Bridie Tobin 29. Marketing A New Stream – David Jorbenaze 30. Splitting Basrah – Thomas Andersen 31. Asia’s Shift To Sour – Trading Crude Oil Derivatives – Andrew Dodson 32. WTI Proves Itself – Thomas McMahon 33. From Floor To Screen -- Steve Roberts 34. Bringing Brent Onscreen – Milan Kratka 35. Trading Opaque Markets – Greg Newman 36. Trading As A Calling Card – Gary King 37. A Chart For Success – Trading Crude Oil Options – Kevin McCormack 38. Trading On Behalf Of A Nation – Gerardo Rodríguez 39. The Invention Of Synthetic Storage – Ilia Bouchouev 40. Making A Major Shift – Richard Fullarton

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Book SynopsisWorrisome recent economic downturns in Brazil, Russia and even China occurred against the backdrop of domestic issues pertaining to patrimonialism, corruption and informality. Some economies of the European periphery also suffered from similar domestic issues and plunged into recession due to economic crisis and austerity policies implemented in its wake. This book theorises and analyses the evolving nature of capitalism in emerging economies (the BRICs) and the European periphery in the face of pressures from globalisation and economic crisesThe volume seeks to make sense of these crises and their impact using the framework of comparative capitalism while testing its applicability beyond the advanced industrialised countries for which it was developed. The authors draw on late Uwe Becker's open qualitative approach, systematically integrating the state into the analysis and paying close attention to the role of changing ideas, character of international integration, leadershTable of ContentsIntroduction: Conceptualising capitalism in the twenty-first century: the BRICs and the European peripheryAlexandra Vasileva-Dienes and Vivien A. Schmidt1. Public-private coordination in large emerging economies: the case of Brazil, India and ChinaChristian May, Andreas Nölke and Tobias ten Brink2. Crisis and austerity: the recent trajectory of capitalist development in Brazil Renato Raul Boschi and Carlos Eduardo Santos Pinho3. Theorizing Sino-capitalism: implications for the study of comparative capitalismsChristopher A. McNally4. Informality trap: a foundation of Russia’s statist-patrimonial capitalismAlexandra Vasileva-Dienes5. The state as a large-scale aggregator: statist neoliberalism and waste management in PortugalAna Maria Evans, Pedro Verga Matos and Vítor Santos

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Book SynopsisStefano Guzzini''s study offers an understanding of the evolution of the realist tradition within International Relations and International Political Economy. It sees the realist tradition not as a school of thought with a static set of fixed principles, but as a repeatedly failed attempt to turn the rules of European diplomacy into the laws of a US social science. Realism in International Relations and International Political Economy concentrates on the evolution of a leading school of thought, its critiques and its institutional environment. As such it will provide an invaluable basis to anyone studying international relations theory.Table of ContentsChapter 1 Assumptions of a historical sociology of realism; Part I Realism from containment to détente; Chapter 2 Classical realism: Carr, Morgenthau and the crisis of collective security; Chapter 3 The evolution of realist core concepts during the second debate; Chapter 4 Realism and the US policy of containment; Chapter 5 The turning point of the Cuban missile crisis: crisis management and the expanding research agenda; Chapter 6 Epilogue: Soviet theories of International Relations; interlude Interlude The crisis of realism; Chapter 7 The policy of détente: Kissinger and the limits of concert diplomacy; Chapter 8 International Relations in disarray: the inter-paradigm debate; Part II Realist responses to the crisis of realism; Chapter 9 Systemic neorealism: Kenneth Waltz's Theory of International Politics; Chapter 10 International Political Economy as an attempt to update realism; Chapter 11 International Political Economy at the convergence of realism and structuralism; Conclusion The fragmentation of realism; Chapter 12 Realism gets lost: the epistemological turn of the 1980s and 1990s; Chapter 13 Realism at a crossroads;

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Book SynopsisLaunched in 1991, the Asian Yearbook of International Law is a major refereed publication dedicated to international law issues as seen primarily from an Asian perspective, under the auspices of the Foundation for the Development of International Law in Asia (DILA). It is the first publication of its kind edited by a team of leading international law scholars from across Asia. The Yearbook provides a forum for the publication of articles in the field of international law, and other Asian international law topics, written by experts from the region and elsewhere.Its aim is twofold: to promote international law in Asia, and to provide an intellectual platform for the discussion and dissemination of Asian views and practices on contemporary international legal issues. Each volume of the Yearbook normally contains articles and shorter notes; a section on State practice; an overview of Asian states participation in multilateral treaties; succinct analysiTable of ContentsIntroduction Articles The Unfinished Business of Human Rights Protection and the Increasing Threat of International Terrorism Ben Chigara. Special Feature: Selected Papers, International Symposium of the Asian Society of International Law, 7-8 April 2007. International law in Asia: The Limits to the Western Constitutionalist and Liberal Doctrines Jean d'Aspremont. Regional Integration and the Promotion and Protection of Democracy in Asia: Lessons from ASEAN Richard Burchill Export of War: Issues of Individual Criminal and State Responsibility H. Harry L. Roque, Jr "As if" Acting under Chapter VII of the UN Charter?: Rigidity of the Threshold Between Chapter VII and non-Chapter VII Sakai Hironobu. The Role of IMO Resolutions in Ocean Law and Policy in the Asia-Pacific Mary George Legal Materials State Practice of Asian Countries in the Field of International Law Developments The 2007 ASEAN Charter and Human Rights Thio Li-ann. Note on State Immunity, Singapore Case. Note on CEDAW and Malaysian Practice Literature: Book Reviews "The Failure to Prevent Genocide in Rwanda: The Role of Bystanders, Transnational Publishers", Nao Seoka, Fred Grunfeld and Anke Huijboom - reviewed by Nao Seoka. "Minority Rights in Asia: A Comparative Legal Analysis", Joshua Castellino & Elvira Doninguez Redondon - reviewed by Thio Li-ann. "The Struggle against Enforced Disappearance and the 2007 United Nations Convention", Tullio Scovazzi & Gabriella Citroni - reviewed by K.I. Vibhute. "Towards New Global Strategies: Public Goods and Human Rights", Eds. Erik André Andersen and Birgit Lindsnaes - reviewed by Tan Liang Ying. "European Yearbook of Minority Issues, vol.5, 2005/2006". Ed. by European Centre for Minority Issues & The European Academy - reviewed by Surendra Bhandari Literature: Survey of Literature

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Book Synopsis"For more than a century, the United States has been the world s most powerful state. Now some analysts predict that China will soon take its place.Trade Review"A professor at the Harvard Kennedy School and one of the most esteemed analysts of world affairs, Nye has been countering declinism for a quarter century, beginning with his 1990 book Bound to Lead. The brevity of his latest text belies its sweep, and judging by the reception it has received, even among those who are considerably less optimistic about America's prospects...one suspects it will endure as a central text of the anti-declinist oeuvre." Ali Wyne, American Interest "In his clear, short, and closely reasoned book, Nye presents a far different view of American power, making some unfashionable but compelling arguments. Nye believes that the American century is far from over and that for the foreseeable future, the United States will retain a unique ability to shape global events." � Walter Russell Mead, Foreign Affairs "Nye outlines each issue briskly, with economy and precision, creating an ideal primer for anyone wishing to better understand the global stage and where America stands on it." �LA Review of Books "Nye does the great service of examining this claim in his new book, Is the American Century Over?, giving a subtle analysis in terms of hard power (military and economic) and soft power (a concept introduced by Nye to refer to an attractive practice, at least a model or ideals such as liberty or democracy)." �Huffington Post �Is the American Century Over?� is an excellent book that will help students of international affairs think carefully about the world and America�s opportunities and challenges in the 21st century. It�s brief, succinct and provocative." �The Washington Diplomat "Academics and political junkies will probably breeze through Is the American Century Over? But the book is so well-written and accessible, general readers are likely to find it engaging and insightful as well. At its core, policy-oriented research and writing should strive to inform not just specialists or experts, but the public at large, making Nye's contribution to debates about America's purported decline that much more important."�Huffington Post �This short, well-argued book offers a powerful rebuttal to America's premature obituarists.��The Economist �A pioneer in the theory of soft power and the dean of American political scientists, Nye knows geopolitics. In his new book, Is the American Century Over?, Nye makes a strong case that American geopolitical superiority, far from being eclipsed, is still firmly in place and set to endure. And the biggest threat isn�t China or India or Russia–it's America itself.��Time �In this short, thoughtful book, Nye presents his case convincingly. It is a case that policy makers should ponder carefully.��Huffington Post �The United States will likely remain the world's predominant power for many decades to come, Joe Nye concludes in his insightful new book. This welcome prediction is tempered by Nye�s warning about key challenges that could yet lead to American decline, most notably, political dysfunction at home.��The Boston Globe �US declinism can be overdone. In an excellent new essay asking Is the American Century Over? the Harvard scholar Joseph Nye points up America's enduring strengths � economic, demographic and geographic as well as military.��Financial Times "With his usual clarity and insight, Joe Nye gives us a fascinating analysis of the complexities of power, exploring hard and soft power, state and non-state actors, and how to retain leadership once domination is over. European readers have much to learn from the U.S. experience and its lessons for the evolution of the EU."�Mario Monti, Prime Minister of Italy (2011–13) and President of Bocconi University "The future of American power is the great question of our century. No-one is better equipped than Joe Nye to answer it."�Lt. Gen. Brent Scowcroft, USAF (Ret.), former Presidential National Security Advisor "This calm, reflective, and thoughtful antidote to alarm about American decline displays Nye's astonishing capacity to engage with the full range of challenges to American leadership."�Michael Ignatieff, Harvard Kennedy School "In this timely, compact book, Joe Nye makes a 'powerful' case for the continuation of American primacy through diplomacy and co-operation. This strategy would not be overstretch or retrenchment but instead the application of American Exceptionalism to shrewd power."�Robert B. Zoellick, former President of the World Bank Group, US Trade Representative and US Deputy Secretary of State "The irreversibility of American decline is no longer a given. Joe Nye's compelling analysis shows that the future of the international order, and the respective roles of the US and China within it, will be shaped by a range of core domestic and foreign policy choices, rather than by some overwhelming, determinist, historical force that has somehow already decided the "natural" dimensions, depth and duration of American power. The history of nations, as Joe Nye rightly asserts, is a more dynamic process than that."�Kevin Rudd, former Prime Minister of Australia "Joe Nye is always worth reading - objective without being aloof, insightful without lecturing. Our disordered world needs answers to the challenges posed here."�David Miliband, UK Foreign Secretary 2007-2010 "Nye's masterful analysis shows the defenders of America's continued primacy how to make their most credible case while forcing the declinists to engage with its arguments, and even rethink their assumptions."�Amitav Acharya, American University and author of The End of American World Order "In this tour de force Joe Nye proves that smart books about big ideas are best served in small packages: and if you are looking for one volume to read on a topic about which so much nonsense has been written since the disaster that was the Bush administration, this is the one to go for. Balanced, accessible, informed - but above all, wise - Nye demonstrates once more why he continues to influence the way we all think about the world."�Michael Cox, LSE IDEAS "Joe Nye's clear-eyed analysis makes a very compelling case that the 'American century' is far from over, even though with a less preponderant America and a more complex world, its next chapter will look different. It�s not the sexiest argument. But utterly convincing."�Wolfgang Ischinger, Chairman of the Munich Security Conference and former German Ambassador to the United States "Joe Nye's clear eyed assessments of America's place in the world have set the terms of the debate for more than a quarter century. This important book updates Nye's thinking and is an immensely valuable corrective to the pessimism and the complacency that are all too common in debates about America's future."�Lawrence H. Summers, Harvard University "As Joseph S. Nye, Jr. brilliantly articulates, there are numerous challenges and challengers which will push the United States as the premier nation in the world over the next few decades. Bringing an objective, critical analysis and years of experience in economics and politics, Nye's Is the American Century Over? is both a cautionary tale for the patriotic and a celebration of emerging nations.��Nomadic PressTable of ContentsAcknowledgements Chapter 1 The Creation of the American Century Chapter 2 Is America in Decline? Chapter 3 Challengers and Relative Decline Chapter 4 The Rise of China Chapter 5 Absolute Decline: Is the U.S. Like Rome? Chapter 6 Power Shifts and Global Complexity Chapter 7 Conclusions Further Reading Notes

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Book SynopsisThoroughly updated and expanded with a new chapter on blockchain and increased coverage of cryptocurrency, as well as new data, this established advanced undergraduate textbook approaches the subject via first principles. It builds on a simple, clear monetary model and applies this framework consistently to a variety of monetary questions. Starting with trade being mutually beneficial, the authors demonstrate that money makes people better off, and that government money competes against other means of payments, including other types of government payments. After developing each of these topics, the book tackles the issue of money competing against other stores of value, examining issues associated with trade, finance, and modern banking. From simple economies to modern economies, the authors address the role banks play in making more trade possible, concluding with the information problems plaguing modern banking.Trade Review'My students and I have enjoyed using this excellent text because of its clear presentation and use of a simple overlapping generations model to analyze fundamental issues in monetary economics. The new edition retains this approach and expands its coverage of financial stability issues and recent developments in monetary policy. This is clearly the best undergraduate text on monetary economics.' Michael Ellis, Kent State University'Modeling Monetary Economies is the only textbook that allows undergraduates to learn important results and applications in monetary economics in a rigorous theoretical framework. The fifth edition continues this tradition with the addition of a discussion of blockchains as a monetary record-keeping system, as well as updated applications of the theory to the 2007–8 financial crisis and pandemic-related monetary policy.' Michael Loewy, University of South Florida'This primer on monetary economics, written by three stalwarts in the field, is already a classic. The material covered is outstanding in its breadth and depth. Unlike other money and banking texts, this one asks more of the reader, but delivers a whole lot more. The writing is fresh and intellectually stimulating, rigorous, and yet approachable. I love this new edition and wish it continued success in its efforts to bring serious monetary economics to the reach of the curious undergraduate.' Joydeep Bhattacharya, Iowa State University'The textbook Modeling Monetary Economies provides a rigorous treatment of money, banking, and financial intermediation within a unified framework that is accessible to advanced undergraduate students. It addresses the most fundamental questions in monetary theory - e.g., Can fiat money be valued in equilibrium? Can it coexist with interest-bearing assets? Why do banks exist? - without shortcuts. It also covers material that is relevant for today's problems, including cryptocurrencies and blockchain technologies, the design of payment systems, bank regulations, the welfare costs of inflation … It is a must-read for all students interested in monetary issues.' Guillaume Rocheteau, University of California, IrvineTable of ContentsList of figures; List of tables; Preface; Part I. Money; 1. The economy and the planner's solution; 2. Equilibrium trade in the economy without money; 3. A simple model of money; 4. Barter and commodity money; 5. Inflation; 6. International monetary systems; 7. Price surprises; Part II. Capital and Banking; 8. Capital; 9. Liquidity and financial intermediation; 10. Central banking and the money supply; 11. Money stock fluctuations; 12. Fully backed central bank money; 13. Payment systems; 14. Bank risk; 15. Liquidity risk and bank panics; Part III. Government Policy; 16. Deficits and the national debt; 17. Savings and investment; 18. The effect of the national debt on capital and savings; 19. The temptation of inflation; References; Index.

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Book SynopsisThe lion's share of smartphones, computers, televisions, semiconductor devices, and other electronics goods is made in East Asia. How did Asia become the center of electronics manufacturing? How did learning take place that allowed Asian workers to produce cutting-edge products? This Element addresses these issues.Trade Review'The book provides a really useful combination of relevant theory and East Asian experience in the semiconductor industry. And it does this in under 100 pages!' Gary Hufbauer, Senior Fellow at the Peterson Institute for International EconomicsTable of Contents1. Introduction; 2. Out of the Ashes; 3. How the Tigers Got Their Claws;4. The Little Tigers Emerge; 5. The Dragon Stirs; 6. Free for All; 7. Lessons.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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Book SynopsisDrawing on a range of global case studies, Market Distortions in Privatisation Processes illustrates the ways in which market distortions damaged the ability of privatisation processes to yield concrete benefits to consumers. The book compares and contrasts privatisations of state-owned enterprises around the world where competition informed the regulatory design and thus liberated consumer welfare. In particular, the cases are drawn from the electricity and gas sector, the telecoms industry, and postal services â each of which has been frequently privatised in different context. For each industry, the book explores the UK and US experiences as well as looking at international cases from both developed and developing countries including, where appropriate, Japan, Colombia, Romania and Mexico. The emphasis is on analysing the impact that market distortions have had on the outcomes of those privatisations. The book also looks at how public service objectives were achieve

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a huge range and FREE tracked UK delivery on ALL orders.

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Book SynopsisTechnological change has transformed the ways knowledge is developed and shared internationally. Accordingly, in the quarter-century since the WTO was established, and since its Agreement on Trade-Related Aspects of Intellectual Property Rights came into force, both the knowledge dimension of trade and the functioning of the IP system have been radically transformed. The need to understand and respond to this change has placed knowledge at the centre of policy debates about economic and social development. Recognizing the need for modern analytical tools to support policymakers and analysts, this publication draws together contributions from a diverse range of scholars and analysts. Together, they offer a fresh understanding of what it means to trade in knowledge in today''s technological and commercial environment. The publication offers insights into the prospects for knowledge-based development and ideas for updated systems of governance that promote the creation and sharing of the Table of Contents1. Thematic overview: Charting the evolution of knowledge flows Antony Taubman and Jayashree Watal; Part I. Conceptual framework: 2. The shifting contours of trade in knowledge: the new 'trade-related aspects' of intellectual Property Antony Taubman; 3. How digitization is transforming trade Lee Tuthill, Antonia Carzaniga and Martin Roy; 4. Intellectual property and digital trade -mapping international regulatory responses to emerging issues Wolf R. Meier-Ewert and Jorge Gutierrez; Part II. Measuring trade in knowledge: 5. Measuring international intellectual property transactions in a globalized world: current challenges and possible improvements Joscelyn Magdeleine and Andreas Maurer; 6. A missing link in the analysis of global value chains: Cross-border flows of intangible assets, taxation and related measurement implications Thomas Neubig and Sacha Wunsch-Vincent; 7. Global ebbs and flows of patent knowledge Andrew W. Torrance, Jevin D. West, and Lisa C. Friedman; 8. Sources of knowledge flow between developed and developing countries Laurie Ciaramella, Gaétan De Rassenfosse and Florian Seliger; 9. Using intellectual property data to measure cross-border knowledge flows Jacob Dubbert, Alexander V. Giczy, Nicholas Pairolero and Andrew A. Toole; 10. The Global Digital Content Landscape Erick Oh; 11. Cross-border knowledge flows through R&D FDI: Implications for LMMICs Vito Amendolagine, Cristina Chaminade, José Guimón and Roberta Rabellotti; 12. The innovation environment and knowledge diffusion: improving policy decisions through patent analytics Holger Ernst, Carsten C. Guderian and Marco Richter; Part III. Impact of knowledge flows on trade and development: 13. Global knowledge flows, absorptive capacity, and capability acquisition: old ideas, recent evidence, and new approaches Lee Branstetter and Keith E. Maskus; 14. Trade in intellectual property-intensive goods Mercedes Delgado and Margaret Kyle; 15. Knowledge spillovers through international supply chains Roberta Piermartini and Stela Rubínová; 16. How do patents shape global value chains? International and domestic patenting and value-added Trade Nikolas J. Zolas and Travis J. Lybbert; 17. The enforcement of intellectual property rights in a digital Era Michael D. Smith and Rahul Telang; 18. The digital creative economy and blockchains: options and prospects for the developing world Keith Nurse, Erica Smith, Kayla Grant and Alicia Shepherd; Part IV. Policy, regulatory and legislative frameworks; 19. Streaming of music and audiovisual works Mary Lafrance; 20. Adapting trade rules for the age of big data Mira Burri; 21. Trade in knowledge and cross-border data flows: a look at emerging digital regulatory issues Nigel Cory; 22. Cross-border knowledge flows under international trade agreements: a need for new multilateral disciplines? Lucas Spadano and Luiza Tângari Coelho; 23. The need for a global framework for knowledge transactions: cross border licensing and enforcement Jacques de Werra and Jeff C. Dodd; 24. Fitting machine-generated data into trade regulatory holes Peter K. Yu; 25. Looking forward Antony Taubman.

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Book SynopsisWith a focus on global trade, this book provides entrepreneurs and small-to mid-sized businesses with the information they need to begin exporting their products around the world-as well as importing goods to sell. It shows you how to follow guidelines for developing a successful business and marketing plan.Table of ContentsIntroduction 1 Part I: Getting Started with Import/Export 5 Chapter 1: Introducing Import/Export 7 Chapter 2: Figuring Out Your Role in the Import/Export Business 17 Chapter 3: Rules and Regulations to Consider Before You Get Started 31 Chapter 4: Organizing for Import and Export Operations 47 Part II: Selecting Products and Finding Suppliers 65 Chapter 5: Selecting the Right Products 67 Chapter 6: Connecting with Overseas Suppliers for Your Imports 73 Chapter 7: Everything You Need to Know about Alibaba.com 85 Chapter 8: Finding U.S Suppliers for Your Exports 93 Part III: Identifying Your Target Market and Finding Customers 103 Chapter 9: Looking at Marketing 105 Chapter 10: Researching Export Markets 129 Chapter 11: Researching Import Markets 139 Chapter 12: Making Export Contacts and Finding Customers 149 Chapter 13: Locating Customers for Your Imports 159 Part IV: Negotiating Around the World 167 Chapter 14: How Negotiations Work 169 Chapter 15: What Makes Global Negotiating Different 177 Chapter 16: Doing Business around the World 187 Part V: Completing the Transaction: International Trade Procedures and Regulations 217 Chapter 17: Making the Sale: Pricing, Quotes, and Shipping Terms 219 Chapter 18: Methods of Payment 227 Chapter 19: Packing and Shipping with the Right Documentation 249 Chapter 20: Getting Your Goods: Customs Requirements and the Entry Process 267 Part VI: The Part of Tens 289 Chapter 21: Ten Keys to Becoming a Successful Importer 291 Chapter 22: Ten Keys to Becoming a Successful Exporter 297 Part VII: Appendixes 303 Appendix A: Resources 305 Appendix B: Multilingual Cross‐Reference for International Shipping Terms 315 Appendix C: Online Resources 323 Index 329

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Book SynopsisAchieving the Sustainable Development Goals through Finance, Technology and Law Reform Achieving the SDGs requires a fundamental rethink from businesses and governments across the globe. To make the ambitious goals a reality, trillions of dollars need to be harnessed to mobilise finance and accelerate progress towards the SDGs. Bringing together leaders from the World Bank, the financial and business sectors, the startup community and academia, this important, topically relevant volume explains what the SDGs are, how they came about and how they can be accelerated. Real-world case studies and authoritative insights address how to direct investment of existing financial resources and re-align the global financial system to reflect the SDGs. In depth chapters discuss how financial institutions, such as UBS Wealth Management, Manulife Asset Management and Moody's Rating Agency are supporting the SDGs. The opportunities arising from Blockchain, Big Data, DigiTable of ContentsAbout the Editors xvii Notes on Contributors xix Foreword xxix Foreword: Implementation of the SDGs xxxi Preface xxxv Introduction 1 Part One: Overview and Context 9 Part Two: Where Will the Money Come From? Financing the SDGs 10 Part Three: Technology, Innovation, and Entrepreneurship 12 Part Four: Facilitating the SDGs by Legal Infrastructure Reform 15 Part I Overview and Context 17 1 The UN and Goal Setting: From the MDGs to the SDGs 19Alma Pekmezovic Introduction 19 What is Development? 20 Is There a Right to Development? 22 Measuring Economic Development 22 Measuring Non-Economic Aspects of Development 23 The Sustainable Development Goals (SDGs) 24 Situating the SDGs in the International Legal Framework 28 Theories of Development: Towards a New Theory of Sustainable Development 29 Economic Theories of Development 30 Cultural Theories of Development 30 Geographic Theories of Development 31 Institutional Theories of Development 32 A New Theory of Sustainable Development 34 Measuring Progress Towards the SDGs 34 Conclusions 35 2 SDGs and the Role of International Financial Institutions 37Suresh Nanwani Introduction 37 Response and Implementation of the SDGs by IFIs 38 Project Processing and Actions Taken by IFIs to Implement the SDGs, and Responses from Other Development Actors 44 Conclusion and Recommendations for IFIs to Meet SDG Goals and Targets 48 3 Towards a New Global Narrative for the Sustainable Development Goals 53Iason Gabriel and Varun Gauri Introduction 53 How SMART Are the SDGs? 55 Goals That Stretch 59 Goals That Inspire 62 Sloganising the SDGs 64 Towards a New Global Narrative? 66 Conclusion 69 4 Overcoming Scarcity: The Paradox of Abundance: Harnessing Digitalisation in Financing Sustainable Development 71Simon Zadek Scarcity: The Paradox of Abundance 71 Financing: A Systemic Challenge 72 Action on System Design 74 Digital Financing of the SDGs 76 Dilemmas: Digitalisation and Dark Financing 80 Sizing the Prize 82 What Next? 84 Concluding Comments 85 Part II Where Will the Money Come From? Financing the SDGs 87 5 The New Framework for Financing the 2030 Agenda for Sustainable Development and the SDGs 89Alma Pekmezovic Introduction 89 Sources of Development Finance 90 Domestic Public and Private Sources 90 Domestic Resource Mobilisation (DRM) 90 International Public and Private Finance 93 The Role of International Official Development Assistance (ODA) 94 Private Philanthropy 95 Sovereign Wealth Funds, Pension Funds, Insurance Companies, and Investment Funds 96 Barriers to Greater Private Investment 97 The Role of Private and Blended Finance in Development 98 The Development Impact and Risks of Blended Finance 100 An Overview of Blended Finance Mechanisms 101 Innovative Financing Tools: Social Impact Bonds (SIBs) and Development Impact Bonds (DIBs) 102 Best Practices for Engaging the Private Sector 105 Conclusions 105 6 The Contribution of the International Private Sector to a More Sustainable Future 107Martin Blessing and Tom Naratil Ready and Able to Invest 108 Commercial and Investment Benefits 109 What is Needed to Mobilise Private Sector Money? 110 Partnerships for a More Sustainable Future 112 Partnerships to Rationalise Sustainable Investment Markets 112 Partnerships to Democratise Sustainable Investment Markets 116 7 Re-Orienting the Global Financial System Towards Sustainability 121Alma Pekmezovic Introduction 121 Background 123 The Legal and Regulatory Framework 125 Company Reporting: Sustainability Disclosure Requirements 128 Institutional Investors: Responsible Investing and Investing for Impact 132 Fiduciary Duties of Institutional Investors and Other Financial Intermediaries 136 Fostering Long-Term Sustainability 140 Conclusion 142 8 How Asset Managers Can Better Align Public Markets Investing with the SDGs 143Emily Chew and Margaret Childe Why the SDGs Could Transform Sustainability Investing 143 Implementing the SDGs as an Analytical Framework to Align Investing with the SDGs 145 Objectives of Manulife Investment Management’s Approach to SDG-Aligned Investing 145 SDG Assessment Methodology Overview 147 Investable Themes 147 SDG Alignment Assessment 150 Exclusions 152 Applying the SDG Analytical Framework to the S&P 500 Index 152 The Current State of Corporate Goals with Respect to SDG Impact 153 The Current Opportunity Capture of SDG-Related Profit Opportunities 156 Areas in which Corporate Operational Conduct is Most Strongly Aligned with SDG Impact 159 What SDG Developments Can We Expect in the Public Markets Investor Community in 2020 and Beyond? 161 SDG-aligned Investing is Expected to Become Easier 162 Corporate Reporting on the SDGs Will Improve 163 Constructive Dialogue or Engagement with Companies is Necessary to Achieve the SDGs 163 A Call to Action 164 Disclaimer 165 9 The Significance of Sustainable Development Goals for Government Credit Quality 167Alastair Wilson Environmental Preservation Influences Credit Quality, Including Through the Impact of Climate Change on Growth and Institutions’ Resilience to It 168 Social Risks Such as Poverty and Inequality Feed into Economic and Institutional Strength 170 Strong Institutions Are Closely Related to Ratings and Ratings Factors 174 SDGs Influence Government Credit Quality Through Different Channels, to Varying Degrees 176 Part III Technology, Innovation, and Entrepreneurship 177 10 FinTech for Financial Inclusion: Driving Sustainable Growth 179Dirk A. Zetzsche, Ross P. Buckley, and Douglas W. Arner Introduction 179 Financial Inclusion and Sustainability: Introducing the Long-Term Perspective 180 Financial Inclusion: Why It Matters 180 Two Sides of the Same Coin 181 FinTech as a Tool for the SDGs 181 FT4FI Initiatives 183 Four Pillars of Digital Financial Transformation 184 Experiences and Lessons 184 Financial Inclusion Initiatives Since 2008: G20 184 Financial Inclusion Initiatives Since 2008: AFI 185 FinTech and Financial Inclusion: The Foundation of Digital Financial Transformation 185 Pillar I: Digital ID and eKYC: Establishing the Foundation 186 Example: The Indian Aadhaar System 186 IrisGuard 187 Regional Approaches: eIDAS in the EU 188 eKYC and KYC Utilities 188 Example 1: South Africa Web-Based KYC Database 188 Example 2: India’s e-KYC System 188 Example 3: eIDAS and eKYC 189 Synthesising the Lessons 189 Pillar II: Open Electronic Payment Systems: Building Connectivity 189 Mobile Money 190 Designing Regulatory Infrastructure for an Open Electronic Payments System 191 Pillar III: Account Opening and Electronic Government Provision of Services: Expanding Usage 192 Electronic Payment: Government Salaries and Transfers 193 Electronic Payment and Provision: Other Core Services 194 Pillar IV: Design of Financial Market Infrastructure and Systems: Enabling New Wider Development 195 Transforming Credit Provision: From Collateral and Microfinance to Cash Flow 195 Adding Insurance and Investments to Savings and Credit 196 M-Akiba 197 Building Better Financial Infrastructure 198 The EU Example: GDPR, PSD2, MiFID2 198 Developing a Comprehensive Strategy 198 Strategic Approach 198 The Challenge of Technology 198 Regulatory Sandboxes, Piloting, and Test-and-Learn Approaches 199 Balancing Inclusion with Other Regulatory Objectives 201 Designing Regulatory Systems: The Example of Mexico 201 Towards Inclusive and Sustainable Growth 202 11 Financing and Self-Financing of SDGs through Financial Technology, Legal, and Fiscal Tools 205Jon Truby Introduction 205 Self-Sufficient Financing and Achievement of SDGs through Tax Reform 207 Shifting the Tax Burden to Create a Double Dividend 207 Base Erosion and Digital Services Taxation 208 Digitisation of Tax Administration 209 Amendment of the Chicago Convention 210 Self-Sufficient Financing of SDGs through Financial Technology 212 Digitisation of Money 212 Digital Identity 214 Financing SDG 7 and Related Goals through Financial Technology 215 Offsetting Investments in Energy-Intensive Digital Currencies 215 Digital Token Investments 216 Conclusion 217 12 SDG Challenges in G20 Countries 219Guillaume Lafortune and Guido Schmidt-Traub Introduction 219 The SDGs as Problem-Solving Tools for Transformative Actions and Policies 229 Long-Term Planning and Back-Casting 230 Data and Monitoring 231 Financing 232 Technology Missions 233 Conclusion 234 13 The Future-Fit Business Benchmark: Flourishing Business in a Truly Sustainable Future 235Geoff Kendall and Martin Rich Introduction 235 The Journey Ahead 236 The World We Want 236 The World We Have (and How We Got Here) 236 The World We Can Create 238 Why a Systems View is Good for Business 240 A Star to Steer By 243 Current Assessment Methods Are Flawed 243 Starting with the End in Mind 244 How Much is Enough? 244 A Holistic View of Future-Fitness 245 A Practical Tool 246 Future-Fit Break-Even Goals 246 Future-Fit Positive Pursuits 248 Engaging Stakeholders More Effectively 250 Conclusion 251 14 Financing for Youth Entrepreneurship in Sustainable Development 253Inna Amesheva, Alex Clark, and Julian Payne The Role of Young Entrepreneurs in Sustainable Development 253 The Needs of Young Entrepreneurs Working on the SDGs 254 Barriers to Innovation and Scale 254 Supporting Young Entrepreneurs Working on the SDGs 257 The Financing Options Available to Young Entrepreneurs Working on the SDGs 258 Sources and Instruments of Finance for Young Entrepreneurs 259 Bridging the Gap Between Young Entrepreneurs and the SDGs 262 Sectoral Coverage 262 Geographical Coverage 264 Beyond Banks: Alternative Financial Structures for Youth-oriented Sustainable Development Initiatives 266 Prioritising Financial Interventions for Youth Entrepreneurs and the SDGs 267 Non-financial Services 268 Developing a Robust Investment Pipeline 270 Designing Youth-focused Funding Vehicles for the SDGs 271 15 Transparency in the Supply Chain 275Julia Walker Introduction 275 Supplier prequalification tools 279 Emerging Technology in Supply Chains 281 The diamond industry 282 Summary 284 Part IV Facilitating the SDGs by Legal Infrastructure Reform 285 16 Facilitating Sustainable Development Goal 8 by Legal Reform Measures 287Gordon Walker Introduction 287 Contextual Issues 288 Legal Traditions 288 Regulators and Policymakers 289 Implementation Problems 290 Capital Formation for Micro-, Small-, and Medium-Sized Enterprises 291 Meta-Strategy: The Promise of e-Government 291 The SDGs and Domestic Policy Formation 292 Facilitating SDG 8 by Law Reform 293 Hong Kong 293 Fundraising Law in Hong Kong: A Brief Overview 294 Safe Harbours in the 17th Schedule of CWUMPO 295 ECF and P2PL in Hong Kong 296 Supporting FinTech and MSME Fundraising Solutions in Papua New Guinea 297 Survey of Papua New Guinea Legislation 297 Offers Excluded from the Prospectus Requirements: CMA, Schedule 6 298 Issues Excluded from the Prospectus Requirements: CMA, Schedule 7 299 Securities Commission Power to Amend Schedules: CMA, Section 470 299 Legal Reform Opportunities for ECF and P2PL in PNG 299 Conclusion 300 17 Facilitating SDGs by Tax System Reform 303Benjamin Walker Introduction 303 Sustainable Development Goals 304 Goal 3: Good Health and Well-Being 304 Goal 8: Decent Work and Economic Growth 304 Goal 10: Reduce Inequality within and among Countries 305 Goal 12: Ensure Sustainable Consumption and Production Patterns 307 Goal 16: Peace, Justice and Strong Institutions 308 Goal 17: Strengthen the Means of Implementation and Revitalize Global Partnership for Sustainable Development 309 A Wider Picture of Development 310 Taxes and Economic Development 310 Tax Effort 311 Taxes and Spending 312 Taxes and Technology 313 Blockchain 313 Artificial Intelligence 314 Tax Law Reform 314 Recent Developments 316 Conclusion 316 18 Facilitating the SDGs by Competition and Consumer Law and Policy Reform: Aspirations and Challenges in Papua New Guinea 317Brent Fisse Introduction 317 Proposed PNG Competition and Consumer Reforms and SDGs 318 Tailoring Law and Policy to the Particular Needs and Circumstances of PNG 320 Removing Statutory and Regulatory Barriers to Entry 322 Designing Competition Rules That Are Practical and Avoid Excessive Technicality 324 Harnessing Consumer Protection Laws to Protect and Promote Small Business 327 Using Enforcement Mechanisms That Have Some Chance of Working in PNG 329 Conclusion 331 Resolution Adopted by the General Assembly on 25 September 2015 333 Transforming Our World: The 2030 Agenda for Sustainable Development 333 Preamble 333 People 334 Declaration 335 Introduction 335 Our vision 336 Our shared principles and commitments 336 Our world today 337 The new Agenda 339 Means of implementation 344 Follow-up and review 346 A call for action to change our world 347 Sustainable Development Goals and targets 347 Goal 1. End poverty in all its forms everywhere 349 Goal 2. End hunger, achieve food security and improved nutrition and promote sustainable agriculture 350 Goal 3. Ensure healthy lives and promote well-being for all at all ages 351 Goal 4. Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all 352 Goal 5. Achieve gender equality and empower all women and girls 353 Goal 6. Ensure availability and sustainable management of water and sanitation for all 354 Goal 7. Ensure access to affordable, reliable, sustainable and modern energy for all 354 Goal 8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all 355 Goal 9. Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation 356 Goal 10. Reduce inequality within and among countries 357 Goal 11. Make cities and human settlements inclusive, safe, resilient and sustainable 357 Goal 12. Ensure sustainable consumption and production patterns 358 Goal 13. Take urgent action to combat climate change and its impacts 359 Goal 14. Conserve and sustainably use the oceans, seas and marine resources for sustainable development 360 Goal 15. Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss 361 Goal 16. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels 362 Goal 17. Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development 363 Finance 363 Technology 363 Capacity-building 364 Trade 364 Systemic issues 364 Means of implementation and the Global Partnership 365 Follow-up and review 369 National level 371 Regional level 372 Global level 372 Index 375

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Book SynopsisMichael H. Moffett is Continental Grain Professor in Finance at the Thunderbird School of Global Management, where he has been since 1994. He has authored, co-authored, or contributed to a number of books, articles, and other publications. He has co-authored two books with Art Stonehill and David Eiteman: Multinational Business Finance, and this book, Fundamentals of Multinational Finance. Arthur I. Stonehill is a Professor of Finance and International Business, Emeritus, at Oregon State University, where he taught for 24 years (1966-1990). Professor Stonehill received a B.A. (History) from Yale University (1953) an M.B.A. from Harvard Business School (1957), and a Ph.D. in Business Administration from the University of California, Berkeley (1965). He has authored or co-authored nine books and twenty-five other publications. David K. Eiteman is Professor Emeritus of Finance at the John E. Anderson Graduate School of MaTable of ContentsPART I: GLOBAL FINANCIAL ENVIRONMENT Multinational Fin Mgmt: Challenges & Opportunities The International Monetary System The Balance of Payments Financial Goals and Corporate Governance PART II: FOREIGN EXCHANGE THEORY & MARKETS The Foreign Exchange Market International Parity Conditions Appendix: An Algebraic Primer to Parity Conditions Foreign Currency Futures & Options Interest Rate Derivatives & Swaps Exchange Rate Determination & Forecasting PART III: FOREIGN EXCHANGE EXPOSURE Transaction Exposure Translation Exposure Operating Exposure PART IV: FINANCING THE GLOBAL FIRM The Global Cost and Availability of Capital Funding the Multinational Firm Multinational Tax Management International Trade Finance PART V: FOREIGN INVESTMENTS OPERATIONS Foreign Direct Investment & Political Risk Multinational Capital Budgeting & Cross-Border Acquisitions Answers to selected end-of-chapter problems Download the detailed table of contents

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Book SynopsisAt a time when critiques of free trade policies are gaining currency, The Neomercantilists helps make sense of the protectionist turn, providing the first intellectual history of the genealogy of neomercantilism.Eric Helleiner identifies many pioneers of this ideology between the late eighteenth and early twentieth centuries who backed strategic protectionism and other forms of government economic activism to promote state wealth and power. They included not just the famous Friedrich List, but also numerous lesser-known thinkers, many of whom came from outside of the West.Helleiner''s novel emphasis on neomercantilism''s diverse origins challenges traditional Western-centric understandings of its history. It illuminates neglected local intellectual traditions and international flows of ideas that gave rise to distinctive varieties of the ideology around the globe, including in Latin America, the Caribbean, Africa, and Asia. This rich historyTrade ReviewA grand work of scholarship, the book easily accomplishes its goal of disrupting Western and List-centric readings of neomercantilism. Combining a close reading of neomercantilist texts with insights drawn from relevant primary and secondary sources, The Neomercantilists should prove a valuable resource for scholars interested in post-Napoleonic global governance and the world economy. * International Journal *Helleiner is perhaps the most distinguished scholar in his generation of international political economists. Helleiner shows that there were as many flavors of neomercantilism as there were national, imperial, and postcolonial traditions. * Boston Review *The Neomercantilists is at once a timely intervention at a juncture of resurgent protectionism and geopolitical competition, and a timely contribution to the IPE literature that now abounds in global histories of liberalism and Marxism but lacks a matching study of neomercantilism. As such, it merits a place on the shelf next to Eli Heckscher's classic study of mercantilism. * International Reviews *[The Neomercantalists is a] thorough and careful scholarly work conducted at the highest level, and [it] has provided arguments about the global circulation of ideas and the drivers of change and transformation that will resonate and be engaged with by scholars within and beyond IPE. * E-International Relatons *This book is refreshing and fascinating—and not only for filling a gap in the broad ideological intellectual history[.] The book provides an excellent intellectual history of neomercantilism. Conveniently structured (some parts can be read on their own), beautifully written and well researched, it is one of the most significant IPE books I have had the pleasure to read in recent years. * Canadian Jounral of Political Science *Helleiner's book is essential for grasping earlier theories of state-led development that diverged from classical liberalism, as well as their relevance in an era where pandemic-induced supply chain disruptions and Russia's war in Ukraine have further eroded confidence globalization. * Vassallo Review *Table of ContentsIntroduction: Neomercantilism's Diverse Intellectual Origins Part I: THE LISTIAN INTELLECTUAL WORLD 1. Some Pioneers in List's German-US-French Context 2. Friedrich List's Idiosyncratic Synthesis 3. Some List-Inspired Contributions Across the World 4. List-Inspired Neomercantilism Beyond the Nation-State Part II: HENRY CAREY AND HIS SUPPORTERS 5. The Emergence of Henry Carey's Distinctive Vision 6. The Global Influence and Adaptation of Carey's Ideas Part III: ENDOGENOUS ROOTS OF EAST ASIAN NEOMERCANTILISM 7. Local Origins in Japan 8. Some Neglected Chinese Pioneers 9. Another Chinese Contribution and Korea's Gaehwa Group Part IV: OTHER THEORISTS AND PRACTITIONERS 10. Early Theorists in Russia and the Canadian Backwoods 11. Practitioners in Egypt, Poland and Latin America 12. The Asante and the Pan-African Movement Conclusion: What Legacies?

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Book SynopsisAlmost 15 years ago, in The World is Flat, Thomas Friedman popularized the latest wave of globalization as a world of giant corporate supply chains that tripled world trade between 1990 and 2010. Major corporations such as Apple, Dell, and GE offshored manufacturing to low-cost economies; China became the world's factory, mass-producing and exporting computers and gadgets to Western shoppers. This paradigm of globalization has dominated global trade policy-making and guided hundreds of billions of dollars in business investments and development spending for almost three decades. But we are now on the cusp of a new era. Revolutionizing World Trade argues that technologies such as ecommerce, 3D printing, 5G, the Cloud, blockchain, and artificial intelligence are revolutionizing the economics of trade and global production, empowering businesses of all sizes to make, move, and market products and services worldwide and with greater ease than ever before. The twin forces of digitization and trade are changing the patterns, players, politics, and possibilities of world trade, and can reinvigorate global productivity growth. However, new policy challenges and old regulatory frameworks are stifling the promise of this most dynamic, prosperous, and inclusive wave of globalization yet. This book uses new empirical evidence and policy experiences to examine the clash between emerging possibilities in world trade and outdated policies and institutions, offering several policy recommendations for navigating these obstacles to catalyze growth and development around the world.Trade Review"Trade has historically been expensive, slow, and opaque. Today's disruptive technologies not only offer new solutions to old problems, but create wholly new global markets for products and services. Kati Suominen draws from her deep experience in the world of goods trade to clearly set out the parameters of this new global trading ecosystem, offering excellent insight and advice for goods producers seeking to get involved in frontier technologies like blockchain and AI."—Dr. Alisa DiCaprio, Head of Trade and Supply Chain, R3"Suominen brilliantly explores the impact of new technologies on the patterns, players, and possibilities of world trade, and their unparalleled potential to reignite productivity, raise incomes, and empower people. She then masterfully lays down a bold and innovative blueprint to help policymakers act on this potential. In an increasingly darkening global trade policy scenario, this is a book by a modern-day Renaissance woman on the renaissance of globalization!"—Anabel González, Nonresident Senior Fellow, Peterson Institute for International Economics, former Costa Rica Trade Minister, Senior Director of the World Bank Trade & Competitiveness, and former WTO Agriculture Director"An important new book, highlighting the trading opportunities that come with new technologies. It analyzes the challenges that need to be overcome, including cross-border procedures, and makes the key point that beyond digitizing trade, we also need to digitize customs, borders, and ports."—Jan Hoffmann, Chief, Trade Logistics Branch, Division on Technology and Logistics, UNCTAD"Professor Kati Suominen 'gets it.' Globalization, technology, and mass affluence have changed the rules for international expansion. In Revolutionizing World Trade, Suominen walks us through how these changes have upended the traditional trading world, driven by ecommerce and the Internet. Every international business should get this book. Then they can 'get it' as well."—Frank Lavin, Chairman, Export Now, former Undersecretary for International Trade, U.S. Department of Commerce"Revolutionizing World Trade provides an in-depth look at forces changing trade and global business and makes important recommendations for bold policy ideas which would enable outsized economic growth across global markets. A must-read for anyone driven to solve these big problems."—Brenda Santoro, Head of Global Trade, Silicon Valley Bank"Kati has a wealth of experience in international trade from both a private sector practitioner perspective as well as a public sector policy perspective. Her work has taken her to the forefront of the evolving trade landscape. This book elucidates this evolution and is a great contribution to the debate about the future of trade and our ability to shape its course for the betterment of the global community."—Steven Beck, Head of Trade and Supply Chain Finance, Asian Development Bank"Kati Suominen introduces this book as a roadmap for the far-sighted entrepreneur; however, it is much more than that. In Revolutionizing World Trade, she explores the opportunities and challenges facing businesses, policy makers, regulators, and society in general, before finally setting out her manifesto for using e-commerce as a key enabler for inclusive trade. Whatever your role or interest in e-commerce and trade, this book will help you better understand how e-commerce is shaping our world today and the benefits that it can bring tomorrow."—Steven Pope, Vice President Customs & Regulatory Affairs, DHL Express Europe"In a time of taking two steps back, Revolutionizing World Trade makes a bold leap into the future and the verdict is there is nothing to fear! Suominen provides a thorough review of what's to come for the global economy and while not shying from the real challenges facing consumers, governments and businesses, generates a sense of promise and optimism sorely missing from today's discourse on global affairs."—Susan F. Stone, Senior Trade Advisor, OECD"Suominen examines the opportunities that new technologies will open up in world trade, ushering in what she calls 'globalization 4.0' within a decade. This future is already apparent, in an incipient form."—Richard N. Cooper, Foreign Affairs"This [is a] lively, well-written book....Suominen is well versed in these issues, is at home as a policy wonk, and has all the right credentials (and she adds a welcome sense of humor and irreverence)....Highly recommended."—I. Walter, CHOICETable of Contents1. Introduction 2. World Economy Goes to Heaven 3. Killer App for World Trade 4. When Six Billion People Go to the Mall 5. Driverless Delivery, Door to Door 6. Finding $1.7 Trillion 7. The Big Query 8. Offline 9. Stuck in Customs 10. Splinternet 11. Credit Crunch 12. Techlash and Trade Wars 13. Better Trade By More People

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Book SynopsisChocolate has long been a favorite indulgence. But behind every chocolate bar we unwrap, there is a world of power struggles and political maneuvering over its most important ingredient: cocoa. In this incisive book, Kristy Leissle reveals how cocoa, which brings pleasure and wealth to relatively few, depends upon an extensive global trade system that exploits the labor of five million growers, as well as countless other workers and vulnerable groups. The reality of this dramatic inequity, she explains, is often masked by the social, cultural, emotional, and economic values humans have placed upon cocoa from its earliest cultivation in Mesoamerica to the present day. Tracing the cocoa value chain from farms in Africa, Asia, Latin America, and the Caribbean, through to chocolate factories in Europe and North America, Leissle shows how cocoa has been used as a political tool to wield power over others. Cocoa's politicization is not, however, limitless: it happens within botanical parameters set by the crop itself, and the material reality of its transport, storage, and manufacture into chocolate. As calls for justice in the industry have grown louder, Leissle reveals the possibilities for and constraints upon realizing a truly sustainable and fulfilling livelihood for cocoa growers, and for keeping the world full of chocolate.Trade Review"In this fascinating analysis, Kristy Leissle explores the rich history of the global cocoa sector and the changing dynamics of the chocolate confectionery industry. It will be an essential resource for anyone wanting to promote a more sustainable future for cocoa."—Stephanie Barrientos, University of Manchester "Kristy Leissle's book offers an insightful critique of power relations in the world of cocoa. Addressing issues that are often not known or misunderstood in the public arena, this clear and compelling text is a must-read for students, scholars and activists."—Amanda Berlan, De Montfort University "A concise analysis of the inequalities that pervade an industry of 5m growers, spread across the tropics."—Financial Times "You will never look at chocolate in the same way again."—GeographicalTable of ContentsContents Abbreviations Figures and Tables Acknowledgments 1 Introduction 2 World Cocoa Map 3 Stages of Sweet 4 Power in the Market 5 Economics on the Ground 6 Trade Justice 7 Governing Quality 8 Sustainable Futures Notes Selected Readings Index

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Book Synopsis'Soros has become a standard bearer for liberal democracy' Financial TimesGeorge Soros - universally known for his philanthropy, progressive politics and investment success, and now under sustained attack from the far right, nationalists, and anti-Semites around the world - gives an impassioned defence of his core belief in open society.George Soros is among the world's most prominent public figures. He is one of the history's most successful investors and his philanthropy, led by the Open Society Foundations, has donated over $14 billion to promote democracy and human rights in more than 120 countries. But in recent years, Soros has become the focus of sustained right-wing attacks in the United States and around the world based on his commitment to open society, progressive politics and his Jewish background. In this brilliant and spirited book, Soros offers a compendium of his philosophy, a clarion call-to-arms for the ideals of an open society: freedom, democracy, rule of law, human rights, social justice, and social responsibility as a universal idea. In this age of nationalism, populism, anti-Semitism, and the spread of authoritarian governments, Soros's mission to support open societies is as urgent as it is important.

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Book SynopsisGeorge Soros is among the world's most prominent public figures. He is one of the history's most successful investors and his philanthropy, led by the Open Society Foundations, has donated over $14 billion to promote democracy and human rights in more than 120 countries. But in recent years, Soros has become the focus of sustained right-wing attacks in the United States and around the world based on his commitment to open society, progressive politics and his Jewish background. In this brilliant and spirited book, Soros offers a compendium of his philosophy, a clarion call-to-arms for the ideals of an open society: freedom, democracy, rule of law, human rights, social justice, and social responsibility as a universal idea. In this age of nationalism, populism, anti-Semitism, and the spread of authoritarian governments, Soros's mission to support open societies is as urgent as it is important.

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Book SynopsisIt is abundantly clear that our world is divided into two very different economies. The real one, for the average worker, is based on productivity and results. It behaves according to traditional rules of money and economics. The other doesn't. It is the product of years of loose money, poured by central banks into a system dominated by financial titans. It is powerful enough to send stock markets higher even in the face of a global pandemic and threats of nuclear war. This parting from reality has its roots in an emergency response to the financial crisis of 2008. "Quantitative Easing" injected a vast amount of cash into the economy-especially if you were a major Wall Street bank. What began as a short-term dependency became a habit, then a compulsion, and finally an addiction. Nomi Prins relentlessly exposes a world fractured by policies crafted by the largest financial institutions, led by the Federal Reserve, that have supercharged the financial system while selling out regular citizens and leading to social and political reckonings. She uncovers a newly polarized world of the mega rich versus the never rich, the winners and losers of an unprecedented distortion that can never return to "normal."

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Book SynopsisWhat Globalization Now Means for Your BusinessExecutives can no longer base their strategies on the assumption that globalization will continue to advance steadily. But how should they respond to the growing pressures against globalization? And what can businesses do to control their destinies in these times of uncertainty?In The New Global Road Map, Pankaj Ghemawat separates fact from fiction by giving readers a better understanding of the key trends affecting global business. He also explains how globalization levels around the world are changing, and where they are likely to go in the future. Using the most up-to-date data and analysis, Ghemawat dispels today's most dangerous myths and provides a clear view of the most critical issues facing policy makers in the years ahead.Building on this analysis, with examples from a diverse set of companies across industries and geographies, Ghemawat provides actionable frameworks and tools to help executives revise their strategies, restructure their global footprints, realign their organizations, and rethink how they work with local governments and institutions.In our era of rising nationalism and increased skepticism about globalization's benefits, The New Global Road Map delivers the definitive guide on how to compete profitably across borders.Trade Review"Ghemawat aims his advice at businesspeople (and business students), but his work will also enlighten readers outside the business world who want to understand international trade and investment." -- Foreign AffairsAdvance Praise for The New Global Road Map:from the foreword by N. Chandrasekaran, Chairman, Tata Sons--"Pankaj is unique in his ability to connect theoretical rigor to practical decision making on the ground. I highly recommend this book--and Pankaj's sensible approach more generally--as a crucial voice to counter the oftentimes bombastic nature of our current dialogue on the future of globalization."Fernando A. Gonzalez, CEO, CEMEX--"The new book by Professor Pankaj Ghemawat could not be more timely. As a brilliant and sensible voice in the field of business strategy, he has long provided useful guidance for how to create lasting value. Now he connects new dots to show that the challenge is not to opt between local retrenchment or pursuing a mindless globalization but to find the right balance between them."Jean-Pascal Tricoire, Chairman and CEO, Schneider Electric--"Pankaj delivers his views on globalization based on a wealth of facts and data. He pivots globalization on the strength of each local market, an approach that keeps at bay emotional perceptions. In this more complex world, Pankaj proposes avenues for business leaders to strategize and execute on their internationalization programs. An important read for all companies who move in the larger world!"Praise for Redefining Global Strategy:"Pankaj Ghemawat has created an important strategic guidebook for leaders of the globally integrated enterprises of the twenty-first century. His analytical framework is both visionary and pragmatic--aware of the broad historic trajectories of globalization, but grounded in the real kinds of decisions business leaders have to make now." -- Samuel J. Palmisano, former Chairman of the Board and CEO, IBM CorporationPraise for World 3.0:"Pankaj Ghemawat has provided an impressive and comprehensive analysis of the world's situation in times of globalization and strong economic and social imbalances. His book contributes to fostering the right mindset that will enable us to reshape this world in a sustainable way." -- Mohammed Yunus, founder, Grameen Bank; recipient, Nobel Peace Prize

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Book SynopsisNew Tools for Succeeding GloballyWhy do so many global strategies fail--despite companies' powerful brands and other border-crossing advantages? Because a one-size-fits-all strategy no longer stands a chance.When firms believe in the illusions of a "flat" world and the death of distance, they charge across borders as if the globe were one seamless marketplace. But cross-border differences are larger than we assume. Most economic activity--including trade, real and financial investment, tourism, and communication--happens locally, not internationally. In this "semiglobalized" approach, companies can cross borders more profitably by basing their strategies on the geopolitical differences that matter; they must identify the barriers their strategies will have to overcome, and they must build bridges to cross those barriers. Based on rigorous research, Pankaj Ghemawat shows how to create successful strategies and provides practical management tools so you can: Assess the cultural, administrative, geographic, and economic differences between regions at the industry level--and decide which ones require attention Track the implications of the specific border-crossing actions that will impact your company's ability to create value the most Generate superior performance through strategies that are optimized for the three A's: adaptation (adjusting to differences), aggregation (overcoming differences), and arbitrage (exploiting differences) Using in-depth examples, Ghemawat reveals how companies such as Cemex, Toyota, Procter & Gamble, Tata Consultancy Services, IBM, and GE Healthcare are adroitly managing cross-border differences. He also shares examples of other well-known companies that have failed at this challenge. Crucial for any business competing across borders, Redefining Global Strategy will help you make the most of our semiglobalized world.Trade ReviewPraise for Redefining Global Strategy:Samuel J. Palmisano, former Chairman of the Board and CEO, IBM Corporation--"Pankaj Ghemawat has created an important strategic guidebook for leaders of the globally integrated enterprises of the twenty-first century. His analytical framework is both visionary and pragmatic—aware of the broad historic trajectories of globalization, but grounded in the real kinds of decisions business leaders have to make now. His caveats about 'semiglobalization' provide a salutary reminder that massive change of this kind doesn't happen overnight. By basing his analysis on real-world case studies and a mastery of economic data, Ghemawat helps CEOs and leaders make smart decisions on one of the most important challenges we all face."Michael Porter, Bishop William Lawrence University Professor, Harvard Business School--"Pankaj Ghemawat is one of those rare individuals who combines world-class scholarship with a deep knowledge of business practice. Redefining Global Strategy tackles the crucial balance between local and global that will often define success in an increasingly globalized world economy."Prof. Dr. Ulrich Lehner, Chairman of the Supervisory Board, Deutsche Telekom and Thyssenkrupp AG--"Pankaj Ghemawat's differentiated industry- and company-specific views on globalization offer essential insights and thought-provoking impulses for today's decision makers. For anyone who aims to realize the full potential of globalization, it clearly confirms: the world isn't flat!"Jose Ignacio Goirigolzarri, President, Bankia--"International firms have to reflect more deeply on how to coordinate their commitments around the world. Pankaj Ghemawat's pioneering book offers an innovative approach for how to deal with this critical challenge."Ratan Tata, former Chairman, Tata Group--"Pankaj Ghemawat's Redefining Global Strategy has very appropriately identified the world we live in as only 'semiglobalized.' He builds on this definition to present some very valuable and innovative frameworks for developing strategies for internationalization and global value creation. The book offers a comprehensive treatment of one of the most important issues engaging the business community."

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Book SynopsisHave you ever wondered why we can afford to buy far more clothes than our grandparents ever could . . . but may be less likely to own a home in which to keep them all? Why your petrol bill can double in a matter of months, but it never falls as fast? Behind all of this lies economics.; It's not always easy to grasp the complex forces that are shaping our lives. But by following a dollar on its journey around the globe, we can start to piece it all together.; The dollar is the lifeblood of globalisation. Greenbacks, singles, bucks or dead presidents: call them what you will, they are keeping the global economy going. Half of the notes in circulation are actually outside of the USA - and many of the world's dollars are owned by China.; But what is really happening as our cash moves around the world every day, and how does it affect our lives? By following $1 from a shopping trip in suburban Texas, via China's central bank, Nigerian railroads, the oilfields of Iraq and beyond, The Almighty Dollar reveals the economic truths behind what we see on the news every day. Why is China the world's biggest manufacturer - and the USA its biggest customer? Is free trade really a good thing? Why would a nation build a bridge on the other side of the planet?; In this illuminating read, economist Dharshini David lays bare these complex relationships to get to the heart of how our new globalised world works, showing who really holds the power, and what that means for us allTrade Review"Original and engaging ... If you've ever wondered what globalisation is and why people get so passionate about it then I can think of no better guide. Economics can be fascinating and accessible. This book is proof" - Joel Hills, Business Editor, ITV News; "Brilliantly revealing" -- Ian King, business presenter, Sky News, and Times columnist; "Readable and illuminating" - --The Bookseller; "A brilliant book ... everyone should buy it because it's very, very readable" - Iain Dale, LBC

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Book SynopsisThe interaction of sustainability governance and global value chains has crucial implications the world over. When it comes to sustainability the last decade has witnessed the birth of hybrid forms of governance where business, civil society and public actors interact at different levels, leading to a focus on concepts of legitimacy within multi-stakeholder initiatives (MSIs). Based in over 15 years of theoretical engagement and field research, Business, Power and Sustainability draws from both labour-intensive value chains, such as in the agro-food sector (coffee, wine, fish, biofuels, palm oil), and from capital-intensive value chains such as in shipping and aviation, to discuss how sustainability governance can be best designed, managed and institutionalized in today’s world of global value chains (GVCs). Examining current theoretical and analytical efforts aimed at including sustainability issues in GVC governance theory, it expands on recent work examining GVC upgrading by introducing the concept of environmental upgrading; and through new conceptions of orchestration, it provides suggestions for how governments and international organizations can best facilitate the achievement of sustainability goals. Essential reading on the governance of sustainability in the twenty-first century.Trade ReviewSince the 1980s, the main question has been how to leverage foreign direct investment and GVC engagement for economic development. Now, with the habitability of the planet in question, this book shifts the lens toward sustainability. Very timely! * Timothy J. Sturgeon, Ph.D. Senior Researcher, MIT Industrial Performance Center (IPC) *A profoundly important book that will be required reading not only for today’s practitioners and students, but for the next generation as well. * Benjamin Cashore, Professor of Environmental Governance & Political Science at Yale University *A great book that all students of Global Value Chains and transnational sustainability governance should buy and read. Ponte is an expert and innovator in both fields of study, and successfully synthesizes insights from both literatures to build a provocative and compelling argument about ongoing and impending transformations in the global economy. * Luc Fransen, Associate Professor of International Relations, University of Amsterdam. *Ponte shows not only how sustainability management is a key feature of contemporary capitalism, but also why pursuing "just sustainabilities’ is so imperative. I strongly recommend the book. * Professor Peter Newell, University of Sussex, author of Globalization and the Environment and Global Green Politics. *Table of ContentsIntroduction: Business, Sustainability and the Global Economy 1. What We Know About Sustainability Governance 2. Power in Global Value Chains 3. Sustainability, Power and Governance in the Wine, Coffee and Biofuels Global Value Chains 4. Value Creation and Capture through Economic and Environmental Upgrading 5. Orchestrating Sustainability Conclusion: ‘Just Sustainabilities’ in a World of Global Value Chains

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Book SynopsisThe last year has seen the return of inflation as a preoccupation of political decision-makers, economists and the general public. After two decades of wondering why inflation was so low, despite vast economic stimulus, economists were surprised by the recent surge of price increases. Despite disagreement about what exactly is happening in the economy, there is unanimity that growth must be slowed in order to control inflation. To focus on inflation's return, Paul Mattick looks at past and present, placing current events in the context of capitalism's history. Exploring in novel terms the nature of money itself, he provides a concise, jargon-free understanding of recent inflation, and official efforts to control it, illuminating the state of our contemporary economy.Trade Review'Economic theorists and policy-makers have long misconstrued the causes and cures for inflation. Paul Mattick provides an eye-opening account of that failure, and a brilliant, lucidly presented analysis of the inherently inflationary logic of modern-day capitalism. Indispensable for all those concerned about the welfare of working people.' - Steve Fraser, author of The Age of Acquiescence; 'A reader looking for a clear, well-researched account of the history and theories of inflation and the workings of monetary institutions from a critical, left-wing perspective will not find a better source than Paul Mattick's The Return of Inflation.' - Duncan K. Foley, Emeritus Leo Model Professor of Economics, New School for Social Research.Table of ContentsIntroduction Chapter 1: Money, Goods, and Prices Chapter 2: The Age of Inflation Chapter 3: Theories and Policies Chapter 4: Modern Money Chapter 5: Prices and Profits Chapter 6: From the Great Inflation to the End of Magic Money References Bibliography Acknowledgements Index

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Book SynopsisIn contrast to non-financial firms, banks have undergone significant turbulence in the past decade, enduring severe financial crises and unprecedented regulatory reforms. New regulations, including heightened capital and liquidity requirements, measures to address regulatory migration, resolution authority, stress testing, and capital planning, have spurred the development of new tools to manage institutional failure. The primary goal has been to reduce the likelihood of poor performance and improve stock market valuations to restore public confidence in the industry. The banking industry plays a vital role in global economic and financial stability and is subject to intense regulatory and market scrutiny. Financial instability can be very costly for banks due to its spillover effects on other parts of the economy. Therefore, a sound, stable, and healthy financial system is essential for efficient resource allocation and risk distribution across the economy.This is the first book that comprehensively addresses a range of contemporary issues in the global banking industry, providing a thorough understanding of the challenges and opportunities faced by the sector. The book examines how banking business models, effective policies, and regulations can address these issues, covering corporate governance, asset-liability management, risk management, financial performance, and regulatory frameworks. The potential benefits of alternative banking models, including Islamic banking, and their contribution to global financial stability and resilience are also explored.Contributions from international scholars using both quantitative and qualitative methods provide new insights, recent findings, and perspectives on future bank stability and resilience in a global context. The book also presents updated evidence and debates on the impact of recent regulations and governance structures on the industry, which has undergone significant changes in response to financial turmoil and new laws and regulations aimed at enhancing bank resiliency, protecting against systematic risks, and promoting fair and ethical banking practices.

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Book SynopsisAdvances in Pacific Basin Business, Economics and Finance (APBBEF) is a series designed to focus on interdisciplinary research in finance, economics, and management among Pacific Rim countries. All articles published are peer-reviewed and recommended by one editorial board member. Topics of interest include, but are not limited to, the following:1. Policy and management on financial markets and financial institutions;2. Options, futures, and other derivatives markets;3. Corporate finance and investment decisions;4. Insurance and risk management;5. Accounting, auditing, and taxation;6. Artificial intelligence and new technology in finance;7. ESG and sustainability;8. Income, employment, and education;9. Monetary and foreign exchange policy;10. Other economic policies among the Pacific Rim countries.APBBEF is indexed in ABI/INFORM, EconLit, EBSCO, ProQuest, ResearchGate, and Google Scholar. Manuscript submission: Please use an

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Book Synopsis'Timely and important.' -- Joseph E. Stiglitz 'Tim Wu helps shape an urgent new global conversation.' -- Shoshana ZuboffWe're three decades into a global experiment: what happens when the major nations of the world weaken their control on the size and power of corporate giants and allow unrestricted expansion?In The Curse of Bigness, Tim Wu exposes the threats monopolies pose to economic stability and social freedom around the world. Aided by the globalization of commerce and finance, in recent years we have seen takeovers galore that make a mockery of the ideals of competition and economic freedom. Such is the 'curse of bigness': stifled entrepreneurship, stalled productivity, dominant tech giants like Facebook and Google, and fewer choices for consumers. Urgent and persuasive, this bold manifesto argues that we need to rediscover the anti-monopoly traditions that brought great peace and prosperity in the past.Trade ReviewShort and sharp... an excellent primer for anyone who wants to understand why corporate wealth and power have grown so concentrated... and why that might be a problem for democracy. * Financial Times *Admirably concise and punchy. * The Times *Mr. Wu writes with elegance, conviction, knowledge - and certitude. * Wall Street Journal *Timely and important... Wu makes an urgent and persuasive case. * Joseph E. Stiglitz *With The Curse of Bigness Tim Wu helps shape an urgent new global conversation on market democracy, reviving the critical role of governments in curbing corporate power. * Shoshana Zuboff, author of The Age of Surveillance Capitalism *Original, provocative and stimulating. * Timothy Garton Ash *As Tim Wu argues in The Curse of Bigness, global economic concentration is now at levels unseen in more than a century - since the early days of industrial capitalism... Wu manages to make this brisk and impressively readable overview of the subject vivid and compelling. * Washington Post *It's a big idea for a little book, but Wu knows how to keep everything concise and contained. The Curse of Bigness moves nimbly through the thicket, embracing the boons of being small. * New York Times *Tim Wu has pulled off an incredible feat - he's written a short, compelling book on antitrust... Persuasive and brilliantly written, the book is especially timely given the rise of trillion-dollar tech companies. * Publishers Weekly *Sweeping in scope, The Curse of Bigness is probably the best popular account of the history of American antitrust law and policy. It captures the stakes in the battle for antitrust - and it cuts to the heart of one of the central questions of our time: can democracy survive? * New Republic *Tim Wu writes books that make a big impact. * Guardian *Table of Contents0: Introduction 1: Where Our Path Has Led 2: The Lost Lessons of the Second World War 3: The Anti-Monopoly Tradition 4: Peak Anti-Monopoly 5: The Tech Explosion of the 1980s and 1990s 6: Neoliberalism's Triumph 7: The Problem of Global Monopoly 8: The Rise of the Tech Giants 9: Conclusion: Breaking Up Global Economic Power

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Book Synopsis__________________*A road-map for a kinder, fairer capitalism that is fit for the 21st century*Financial Times Book of the Month‘The founder of Richer Sounds is one of the finest entrepreneurs we have.’ Archie Norman, chairman of Marks & Spencer__________________Capitalism has lost its way.Every week brings fresh news stories about businesses exploiting their staff, avoiding their taxes, and ripping off their customers. Every week, public anger at the system grows. Now, one of Britain’s foremost entrepreneurs intervenes to make the case for putting business back firmly in the service of society, and setting out on a new path to a kinder, fairer form of capitalism. Drawing on four decades of hands-on management experience, the founder of Richer Sounds argues that ethically run businesses are invariably more efficient, more motivated and more innovative than those that care only about the bottom line. He uncovers the simple tools that the best leaders use to make their businesses fair, revealing how others can follow suit. And he also delves into the big questions that modern capitalism has to answer if it is to survive and to thrive.Trade ReviewThe founder of Richer Sounds is one of the finest entrepreneurs we have. -- Archie Norman, chairman of Marks & SpencerThis is a real eye-opener for people on the left and the right of the political spectrum. -- John Sentamu, the Archbishop of YorkWhat is the right order to rank the various stakeholders in a business? . . . One philosophy is that staff should come first. This perspective is put forward persuasively in a new book called The Ethical Capitalist, written by entrepreneur Julian Richer. I was briefly in business with Julian and came to admire his talents. He has huge energy, sound instincts, and enormous loyalty to the staff in his retail firm Richer Sounds. -- Luke Johnson * Sunday Times *If you are thinking of a great book to read look no further than Julian Richer’s The Ethical Capitalist. -- James Timpson, Chief Executive, Timpson

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Book SynopsisWhen the global financial crisis broke, central banks in both the US and the UK undertook massive asset purchase programmes which resulted in considerable increase in assets. Cross-border spillover effects were noted across global economies. Balance sheet adjustments may eventually gnaw at the profit-earning capacities of central banks, and in extreme cases, negative equity can manifest. This updated book investigates a benchmark for comparing central banks. The author employs a unique and large set of metrics to gauge the quality of central banks and presents an argument to reflect upon international best practices covering 124 banks in this latest study. The study uses different criteria including the accounting body, research, presence of stress-testing exercises, inflation-targeting frameworks, staff efficiency, and languages of communication with the public, amongst others. The book begins by providing an overview of central banking, before exploring some stylized facts about central banks in unique detail. It then presents a ratings methodology for worldwide central banks to analyse the results. A backtesting exercise is included to validate the quality of the ratings obtained. The book concludes by offering insights into the comparison of central banks.Table of ContentsChapter 1.Introduction Chapter 2.An Overview of Central Banking in the WorldChapter 3.Some Stylized Facts about Central Banks.Chapter 4.Ratings Methodology for central banks worldwideChapter 5.Second and Third Division Rated Central BanksChapter 6.Results and DiscussionsChapter 7.BacktestingChapter 8.Global Central Bank Ratings Sheets

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Book SynopsisThe Asia Small and Medium-Sized Enterprise Monitor provides data and analysis as a resource for evidence-based policy design. This year's edition focuses on South Asia.This first volume reviews micro, small, and medium-sized enterprises (MSMEs) at the country and regional levels. It covers Bangladesh, India, Nepal, Pakistan, and Sri Lanka, and examines MSME development, access to finance, and policies and regulations. It notes that revitalizing MSMEs by channeling more growth capital to them will be key to a resilient economic recovery from the pandemic. It highlights opportunities in formalizing MSMEs and connecting them to international markets, expanding digital skills, fostering technology-based start-ups, and supporting youth and women entrepreneurs.

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Book SynopsisThis publication highlights short-term actions that can mitigate pressures and medium-term policy considerations for finance sector resilience in the post-COVID-19 period.The guidance note examines the effects of the coronavirus disease (COVID-19) on real economies and the measures taken to ease the impact. It notes risks to financial stability, such as an anticipated rise in nonperforming assets. Its recommendations include establishing a framework for epidemic risk financing, buttressing financial stability and macroprudential measures, developing insurance markets for risk sharing and transfer solutions, improving SME financing, and fostering digital transformation.

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Book SynopsisThe novel coronavirus (COVID-19) pandemic was reported in China in December 2019, and later spread to other parts of the world. Countries in Southeast Asia were some of the first nations affected by the pandemic due to their geographical proximities and trade relations with China. In January 2020, the virus spread to some countries within the Association of Southeast Asian Nations (ASEAN). The number of confirmed cases kept increasing within ASEAN and other countries of the world. Consequently, countries in ASEAN introduced preventive and containment measures to cope with the pandemic, which include quarantines, lockdowns, restrictions of movements and large gatherings, as well as school and business closures.Beyond the efforts of preventing and containing the spread of the virus, ASEAN's most significant challenges are the social and economic crisis of historic proportions that are beginning to unfold. COVID-19 pandemic has brought interruptions in all sectors of ASEAN economies. It is, therefore, imperative to assess the extent to which the pandemic has impacted the social and economic aspects of the region. This book intends to highlight the social and economic impacts of the COVID-19 pandemic in ASEAN and suggest ways on how to mitigate them. It covers how the shocks from COVID-19 have impacted production, supply chains, demand, commodity prices, consumer behaviour, financial markets, employment, services, transportation and community, and the various policies that ASEAN authorities should put in place to mitigate the effects of the pandemic.Table of ContentsImpacts and challenges in Malaysia; Impacts and challenges in Singapore; Impacts and challenges in Indonesia; Impacts and challenges in Thailand; Impacts and challenges in Brunei; Impacts and challenges in Philippines; Impacts and challenges in Vietnam; Impacts and challenges in Cambodia; Impacts and challenges in Laos; Impacts and challenges in Myanmar;

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Book SynopsisThis book explains various methods of payment in international trade and trade finance schemes for international trade. It also presents an overview of the concepts, purposes, features, and risks of international trade.A grasp of the features and risks of international trade facilitates a better understanding of the numerous methods of payment in international trade and the relevant trade finance schemes, which is essential to success in international trade transactions.In order to complete an international trade transaction, depending on the terms, both parties need access to funds. Compared with large companies, small and medium-sized enterprises (SMEs), frequently face difficulties in raising capital or funds, but financing an international trade transaction is often the key to its successful completion. As such, selecting an appropriate financing mechanism from the various options available is vital.This book offers a systematic overview of international trade and payment together with trade finance, providing instructive examples and illustrations of trade documents, each method of payment, and trade finance including export credit insurance or guarantee.Table of ContentsChapter 1 Introduction to International Trade1. Concept of international trade 2. Purposes of international trade 3. Characteristics of international trade 4. Risks in international trade Chapter 2 International Trade Contracts 1. Concept of a contract 2. Formation of a contract 3. Performance of a contract Chapter 3 Documents for International Trade 1. Introduction 2. Commercial documents 3. Financial documents Chapter 4 Overview of Payment Methods 1. Introduction 2. Basic types of payment method Chapter 5 Payment in Advance (Cash in Advance) 1. Introduction 2. Operation of a payment in advance 3. Advantages/disadvantages Chapter 6 Open Account 1. Introduction 2. Operation of an open account 3. Features and advantages/disadvantages Chapter 7 Documentary Collection 1. Introduction 2. Operation of a documentary collection 3. Features and advantages/disadvantages 4. The Uniform Rules for Collections Chapter 8 Documentary Credits 1. Introduction 2. Operation of a documentary credit 3. Various types of a credit 4. Independence principle and fraud exception 5. Issuing a documentary credit through SWIFT Chapter 9 UCP and L/C Examples 1. UCP 2. Examples of L/C Chapter 10 Other Payment Methods 1. Bank payment obligation (BPO) 2. Consignment 3. Netting Chapter 11 Independent Guarantee (demand guarantee, standby L/C) 1. Introduction 2. Types of independent guarantees 3. Independence principle and fraud exception Chapter 12 Trade Finance for International Sale of Goods 1. Introduction 2. Export working capital financing (for pre-shipment) 3. Negotiation (or purchase) of bills of exchange 4. Export factoring (International factoring) 5. International forfaiting Chapter 13 Financing an Overseas Construction 1. Introduction 2. Supplier credit and buyer credit 3 Project finance 4 Syndicated loans Chapter 14 Export Credit Insurance or Guarantee 1. Introduction 2. Main types of export credit insurance or guarantee

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Book SynopsisThe United States launched a new Free and Open Indo-Pacific (FOIP) strategy in late 2017 after reluctantly concluding that its patient effort to engage and socialize China to the rules-based order since 1972 had failed. China’s behaviour since 2009 convinced the United States that China is a revisionist power seeking to impose an authoritarian model of governance in Asia which, if successful, would end the rules-based order in the Indo-Pacific as well as endanger US security and vital trade interests.The new US FOIP strategy initiative seeks to engage like-minded nations in economic, security (both traditional and non-traditional), and political governance partnerships to construct a collaborative and scalable network of relations that will be able to respond flexibly to meet a wide range of stakeholder needs and regional contingencies across the Indo-Pacific region.The United States occupies a peak organizing role in this network and works with a hierarchy of partners distributed throughout the vast Indo-Pacific to meet the economic, security, and governance capacity needs of network members at any level. The rules-based order is the “operating system” of this network approach, and so the network itself sustains the rules-based order for its members as a collective good. FOIP is more like a club that generates rules-based order benefits for its members and as such has little in common with Cold War bloc politics and containment strategy.Bearing in mind that FOIP is only in its start-up phase and is likely to gather momentum going forward; that the elements of this network strategy are already in place; and that the United States and its main FOIP partners together have considerable material, organizational, and soft power resources, one may say that its prospects for long-term sustainability and success are not bad.

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Book SynopsisAbout our author Dr. James Gerber taught Economics at San Diego State University for more than 3 decades. In addition to his role in the Economics Department, at different times he served as the Director of the university's National Resource Center for Latin American Studies and as the Director of the International Business Program. In 2008 he co-authored the economic history Fifty Years of Change on the US-Mexico Border and his most recent book, A Great Deal of Ruin: Financial Crises since 1929 was published in 2019. His current research is primarily focused on the history of US-Mexico economic relations. He has been a visiting professor in universities in Canada and Mexico.Table of ContentsPART 1: INTRODUCTION AND INSTITUTIONS An Introduction to the World Economy International Economic Institutions Since World War II PART 2: INTERNATIONAL TRADE Comparative Advantage and the Gains from Trade Comparative Advantage and Factor Endowments Beyond Comparative Advantage The Theory of Tariffs and Quotas Commercial Policy International Trade and Labor and Environmental Standards PART 3: INTERNATIONAL FINANCE Trade and the Balance of Payments Exchange Rates and Exchange Rate Systems An Introduction to Open Economy Macroeconomics International Financial Crises PART 4: REGIONAL ISSUES IN THE GLOBAL ECONOMY The United States in the World Economy The European Union: Many Markets into One Trade and Policy Reform in Latin America Export-Oriented Growth in East Asia China and India in the World Economy

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Book SynopsisThe Fall and Rise of American Finance traces the collapse and reconstitution of American financial power from the disintegration of robber baron J. P. Morgan's vast empire to the rise of finance behemoth BlackRock. Contrary to what is taken for common sense by figures from Hillary Clinton to Bernie Sanders, Maher and Aquanno insist that financialization did not imply the hollowing out of the "real" economy or the retreat of the state. Rather, it served to intensify competitive discipline to maximize efficiency, profits, and the exploitation of labor-with the support of an increasingly authoritarian state.Trade ReviewWorthy heirs to their teacher, the great Leo Panitch, Maher and Aquanno sketch an alternative history of the last century that every critical scholar of finance must now engage and contend with. -- Quinn Slobodian, author of Crack-Up CapitalismA groundbreaking historical work with vital implications for theory and politics. The Fall and Rise of American Finance changes our vision of the present-and the future. -- Clara E. Mattei, author of The Capital Order Critical political economists tend to separate finance and 'the real economy,' seeing the former as parasitic on the latter. But what if finance has always been there and has always been the mechanism that disciplined capitalism as a whole? Maher and Aquanno explore this alternative reading of financialization. It is a compelling and convincing account. -- Mark Blyth, Professor of International Economics at Brown UniversityTable of ContentsPreface1: The Latest Phase of American Capitalist DevelopmentThe Fall and Rise of American FinanceA New Picture of FinancializationRethinking Finance and the Corporation2: Classical Finance Capital and the Modern StateFinancial Capital and Industrial CapitalFrom Bank Capital to Finance CapitalFinance Capital and CompetitionState Power, Class Power, and Crisis3: Managerialism and the New Deal StateRemaking Capitalist FinanceThe New Industrial OrderClass Struggle and the Crisis of Managerialism4: Neoliberalism and Financial HegemonyThe Financialization of the Non-Financial CorporationAsset-Based Accumulation and Market-Based FinanceFinancialization and Authoritarian StatismThe 2008 Crisis and the Question of Decline5: The New Finance Capital and the Risk StateCrisis Management and the Risk StateThe Rise of the Big ThreeThe New Finance CapitalPrivate Equity, Hedge Funds, and Finance Capital6: Crises, Contradictions, and PossibilitiesThe Statization of Market-Based FinanceThe Macroeconomic Policy of Finance CapitalThe False Promise of Universal OwnershipDemocratizing FinanceNotesIndex

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Book SynopsisDoes globalization help everyone or just the rich? Is it the enemy of sustainability or the only hope against climate change? Rival camps are dug in, but Anthea Roberts and Nicolas Lamp find points of agreement. Isolating the value conflicts that drive the globalization debate, they show where consensus lies and argue for achievable policy change.Trade ReviewSix Faces of Globalization is a very smart book, and not just for people interested in globalization. The authors manage to help readers understand the many faces of globalization by identifying multiple narratives that fuel different political movements and perspectives of the punditocracy. Ultimately, however, this is a book not just about globalization, but also about the power and importance of narrative: how it is constructed and how it can contribute to a far more nuanced and complex understanding of the forces of change. Highly recommended. -- Anne-Marie Slaughter, CEO, New AmericaAt a time when many of us have only one view of the world, so much so that we only read the books and watch the media that support our vision, Roberts and Lamp present us with a real challenge: they lay out convincingly and comprehensively many different narratives of globalization and its political and economic effects. The book thus implicitly challenges the narrative that each of us finds most compelling. Like in a movie by Kurosawa, our view of events depends on our position. This book compels us to change our position, move out of our comfort zone, and see the world differently and more broadly. -- Branko Milanovic, author of Capitalism, AloneAnthea Roberts and Nicolas Lamp have written a brilliant and extremely valuable book. They process an enormous amount of information but also, crucially, narratives and storylines about economic globalization and offer us a new way to sort and evaluate the various claims that circulate. The debates about ‘winners and losers’ explored in Six Faces of Globalization will be with us for years and will be the stuff of headlines for the foreseeable future. -- Quinn Slobodian, author of Globalists: The End of Empire and the Birth of NeoliberalismAs in the proverbial story of five blind men trying to make sense of an elephant, globalization presents itself in different forms to its proponents and opponents. This immensely useful book clarifies the debates around globalization by developing six narratives rooted in contending values and perceptions of reality. It helps us not only understand the best version of other sides’ narratives, but also move beyond our own conceptual straitjackets. -- Dani Rodrik, Harvard UniversitySix Faces of Globalization is not one more big-think, grand-vision book on the world’s problems and how to solve them. Instead, it is an indispensable guide to how and why many people have abandoned the old, time-tested ways of thinking about politics and the economy. This is the book the world needs to read now. It deserves a spot on every shelf of books about globalization. -- Richard Baldwin, Graduate Institute, GenevaRoberts and Lamp give their readers a useful framing to understand today’s—and tomorrow’s—fights about the world economy. * Fortune *Policymakers and business leaders will appreciate this levelheaded and wide-ranging look at a hot-button issue. * Publishers Weekly *Roberts and Lamp set out to disrupt our intellectual inertia, first by mapping out the six major Western narratives of globalization, then exploring how those narratives drive policies, for better or worse. -- James Herndon * Asian Review of Books *This book is highly informative and will certainly appeal to a wide audience interested in identifying the main themes driving the US attitude towards free trade and confrontation with China. -- Enrico Colombatto * Journal of Economics *

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Book SynopsisLucid, accessible, and provocative, and now thoroughly updated to cover recent events that have shaken the global economy, Globalizing Capital is an indispensable account of the past 150 years of international monetary and financial history.Trade Review"One of the major books on the history of the International Monetary System."---Ivo Maes, Journal of European Integration History"An invaluable guide for anyone who wants to understand money." * The Economist *

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