Public private partnerships (PPPs) have been a controversial approach to procuring public infrastructure services. Against a background of recent trenchant criticism of PPPs, Mervyn K. Lewis, a leading scholar in the area, re-examines their utility. He questions what PPPs can and cannot do, why governments choose this route and whether PPPs can ever be good value for money. The author analyses the extensive use of PPPs for hospitals and transport megaprojects and outlines the key challenges to implementing them, shaping the future direction of the PPP model. Exploring the psychological influences on decision-making, the book also puts a new focus on the people delivering the project; it is not only a matter of selecting the right model. Professor Lewis concludes that, although the PPP model remains problematic, if chosen appropriately every procurement approach has its place in good policy. Providing an in-depth exploration of the features of PPPs and the complexities of megaprojects, Rethinking Public Private Partnerships will be of considerable interest to academics and students of public policy, economic regulation and governance, and public finance. Its re-assessment of the field will also prove invaluable for government procurers, advisory firms and PPP experts.

A revised and updated edition of the landmark work the New York Times hailed as "a call to action for every developer, building owner, shareholder, chief executive, manager, teacher, worker and parent to start demanding healthy buildings with cleaner indoor air." For too long we've designed buildings that haven't focused on the people inside-their health, their ability to work effectively, and what that means for the bottom line. An authoritative introduction to a movement whose vital importance is now all too clear, Healthy Buildings breaks down the science and makes a compelling business case for creating healthier offices, schools, and homes. As the COVID-19 crisis brought into sharp focus, indoor spaces can make you sick-or keep you healthy. Fortunately, we now have the know-how and technology to keep people safe indoors. But there is more to securing your office, school, or home than wiping down surfaces. Levels of carbon dioxide, particulates, humidity, pollution, and a toxic soup of volatile organic compounds from everyday products can influence our health in ways people aren't always aware of. This landmark book, revised and updated with the latest research since the COVID-19 pandemic, lays out a compelling case for more environmentally friendly and less toxic offices, schools, and homes. It features a concise explanation of disease transmission indoors, and provides tips for making buildings the first line of defense. Joe Allen and John Macomber dispel the myth that we can't have both energy-efficient buildings and good indoor air quality. We can-and must-have both. At the center of the great convergence of green, smart, and safe buildings, healthy buildings are vital to the push for more sustainable urbanization that will shape our future.

Inclusive Financial Development provides theoretical and empirical analyses of the nature of financial inclusion. The contributing authors explore the impediments to inclusion that exist around the world, the macro and stability implications, and the regulation dimension. With contributions from distinguished researchers, this book covers the main analytical and empirical issues in financial inclusion and its role in economic development. Chapters present a wide range of case studies illustrating topics such as mobile money, financial liberalization and bank efficiency, as well as highlighting the costs associated with financial exclusion and the various policy and regulatory measures that have been applied to lower the barriers to inclusion. Offering a comprehensive exploration of financial inclusion and its impediments, this important book will be welcomed by students, researchers and policy makers interested in economic development and financial regulation.

Corporate Finance, by Ross, Westerfield, Jaffe, and Jordan, was written for the corporate finance course at the MBA level and the intermediate course in many undergraduate programs. The text emphasizes the modern fundamentals of the theory of finance while providing contemporary examples to make the theory come to life. The authors aim to present corporate finance as the working of a small number of integrated and powerful intuitions rather than a collection of unrelated topics. They develop the central concepts of modern finance: arbitrage, net present value, efficient markets, agency theory, options, and the trade-off between risk and return, and use them to explain corporate finance with a balance of theory and application. The 13th edition also welcomes a special contributor, Professor Kelly Shue of Yale University.

Innovative in its approach, Rethinking Public Choice reviews the concept of public choice since the 1950s post-war period and the application of economics to political practices and institutions, as well as its evolution in recent years attracting contributions from political science and philosophy. Examining the growing variety of theoretical orientations on the topic, such as entangled political economy and additive political economy, the book provides new analytical insights into combining the old and new to establish a more unified political economy. Richard E. Wagner expertly highlights the key issues an entangled economy can bring, including incomplete information and its constant evolution as it reflects ever changing public choice ideas. Wagner seeks to extend the reach of public choice by distinguishing the formal idea of rationality that has dominated public choice from the immensely varied practice of human action that opens up now directions for public choice. This insightful approach will prove an excellent resource for academics and scholars of economics and political science, as well as those within the field of public administration as it offers an excellent blend of all subjects.

Timeless Investing Strategies for Any Economy

For five decades, Warren Buffett has been making himself one of the wealthiest men in the world, amassing more than 30 billion dollars by investing in the stock market. Remarkably, he did it by spurning popular Wall Street trends, adhering instead to his own unique discipline, one the world has come to know as Buffettology. In The Buffettology Workbook, internationally acclaimed writer and lecturer Mary Buffett has again joined forces with David Clark, the world's leading authority on Warren Buffett's investment methods, to create an in-depth, step-by-step guide to the concepts and equations Warren Buffett uses to create fantastic wealth.

Here you will learn:

• The difference between a great company and a great undervalued company
• How the short-sightedness of Wall Street pundits can work to your advantage
• Where to look for investments with long-term, consistent, and extraordinary growth potential
• To perform the same financial calculations Buffett uses, and apply them to stocks you'd like to buy

'Packed with insights and details that will both amaze and appal you' - Oliver Bullough, author of Butler to the World Across the world, HSBC likes to sell itself as 'the world's local bank', the friendly face of corporate and personal finance. And yet, a decade ago, the same bank was hit with a record US fine of $1.9 billion for facilitating money laundering for 'drug kingpins and rogue nations'. In pursuit of their goal of becoming the biggest bank in the world, between 2003 to 2010, HSBC allowed El Chapo and the Sinaloa cartel, one of the most notorious and murderous criminal organizations in the world, to turn its ill-gotten money into clean dollars and thereby grow one of the deadliest drugs empires the world has ever seen. How did a bank, which boasts 'we're committed to helping protect the world's financial system on which millions of people depend, by only doing business with customers who meet our high standards of transparency' come to facilitate Mexico's richest drug baron? And how did a bank that had been named 'one of the best-run organizations in the world' become so entwined with one of the most barbaric groups of gangsters on the planet? Too Big to Jail is an extraordinary story brilliantly told by writer, commentator, and former editor of The Independent, Chris Blackhurst, that starts in Hong Kong and ranges across London, Washington, the Cayman Islands and Mexico, where HSBC saw the opportunity to become the largest bank in the world, and El Chapo seized the chance to fuel his murderous empire by laundering his drug proceeds through the bank. It brings together an extraordinary cast of politicians, bankers, drug dealers, FBI officers and whistle-blowers, and asks what price does greed have? Whose job is it to police global finance? And why did not a single person go to prison for facilitating the murderous expansion of a global drug empire?

The goal of investment management is to achieve the investor's required rate of return by putting assets to their most productive use. The return should compensate the investor for the time during which the funds are committed, the expected rate of inflation and the uncertainty of the future financial benefits expected from the investment. Investment management is a concise, yet comprehensive introduction to investment analysis and portfolio management, specifically in South Africa. Investment management focuses on investment in financial assets such as shares and bonds, and explains fundamental and technical analysis. It investigates portfolio management and how derivative instruments such as futures, options and swaps may be used for this purpose. In addition, a chapter is devoted to the foreign exchange market and its management. The book provides a comprehensive framework and a thorough network of guidelines, with self-assessment questions at the end of each chapter. It is written with the Chartered Financial Analyst (CFA(R)) Level I learning outcomes for investment analysis and portfolio management in mind. Investment management aims to prepare undergraduate investment management students for postgraduate study.

Introduction to financial derivatives is a concise introduction to the fundamentals and applications of financial derivatives. Introduction to financial derivatives provides a framework and reference guide that lays the foundation for more advanced studies and titles. The basics of the derivatives market and its four main classes - forwards, futures, options and swaps - are discussed, with the generic principles and applications of each being covered in relative detail but in a simplified format (omitting all derivation of formulae and underlying assumptions). Related concepts and terminology, often confusing to first-time users, are explained. Introduction to financial derivatives is primarily aimed at second-year students and short-course providers, but undergraduate and graduate students that specialise in related disciplines (e.g. accounting or MBA) should also find it useful.

HOW WARREN BUFFETT DID IT -- AND HOW YOU CAN TOO

In the world of investing, the name Warren Buffett is synonymous with success and prosperity. Building from the ground up, Buffett chose wisely and picked his stocks with care, in turn amassing the huge fortune for which he is now famous. Mary Buffett, former daughter-in-law of this legendary financial genius and a successful businesswoman in her own right, has teamed up with noted Buffettologist David Clark to create Buffettology, a one-of-a-kind investment guide that explains the winning strategies of the master.

* Learn how to approach investing the way Buffett does, based on the authors' firsthand knowledge of the secrets that have made Buffett the world's second wealthiest man
* Use Buffett's proven method of investing in stocks that will continue to grow over time
* Master the straightforward mathematical equipments that assist Buffett in making investments
* Examine the kinds of companies that capture Buffett's interest, and learn how you can use this information to make your own investment choices of the future

Complete with profiles of fifty-four "Buffett companies" -- companies in which Buffett has invested and which the authors believe he continues to follow -- Buffettology can show any investor, from beginner to savvy pro, how to create a profitable portfolio.

Want big returns? Look at small stocks! Penny stocks are low-cost equities that often make large price moves, potentially leading to big gains--or losses--for investors. Penny Stocks For Dummies will help you determine whether this wild ride is right for you. With this hands-on guide, you can grasp the basics, find smart investments, avoid scams, and look for big success, even if you only have pocket change to start out with. This latest edition takes you right into today's unique penny stock market. You'll learn how to read penny stock charts, evaluate the strength of small companies, recognize price manipulations, and use smart trading strategies to maximize your returns. Buying and selling penny stocks can be extremely lucrative--if you know exactly what you're doing. This book will make a penny trader out of you, so you can start making money for the future. (Heads up: you're going to need a bigger piggy bank!) With Penny Stocks For Dummies, you will: Find out whether penny stocks are a good fit for your investment goals, available capital, and risk tolerance Do your due diligence and learn how to research potential penny stock investments Use fundamental analysis, financial ratios, and penny-specific technical analysis to identify winning bets Uncover expert tips that will boost your results and help prevent big losses Penny Stocks For Dummies will give you the knowledge and confidence you need to get in on the ground floor and discover those hidden gems for high rewards.

Master the most important areas of today's tax law with Whittenburg/Gill's best-selling INCOME TAX FUNDAMENTALS 2023. This concise, practical introduction to tax preparation uses a unique, step-by-step workbook format that integrates real, current examples and uses the most recent actual tax forms. You learn the complexities of the U.S. income tax code as this edition's clear, up-to-date presentation walks you through the most recent tax laws, revisions and changes. Updated end-of-chapter problems and online exercises let you practice completing tax return problems using real source documents identical to those of actual clients. You also learn to use professional Intuit (R) ProConnect (TM) tax preparation software that accompanies each new book. In addition, study tools and helpful resources within the CNOWv2 online homework tool help you further refine your knowledge and practical skills to become a successful tax preparer.

Governments have always endured economic woes, but the increasing severity of such challenges, from the Great Recession starting in 2008 to the unprecedented impact of the COVID-19 pandemic, highlights the need for better-developed fiscal analysis capacity in governments of all sizes using the most practical-yet robust-techniques available. This volume presents an array of real-world analytical approaches in a variety of service areas at the core of state and local government. The concrete insights provided by this book serve as important tools for policy analysts, government officials charged with policy implementation, and public finance scholars across developing and developed countries looking for the essential, high-level analytical skills needed to expand internal capacity to weather uncertain economic environments. The book bridges the research-practice gap and provides practical tools for state and local fiscal analysis, including a detailed how-to guide for producing local tax expenditure reports, an age-based homestead exemption estimate calculator with guide, and simple methods for fuzzy matching administrative data. It is backed up with a depth and breadth of case studies on governments of a variety of sizes. Public officials and analysts in local state/regional institutions and international institutions with a public policy focus as well as public finance scholars across developing and developed countries will find invaluable the analyses and tools provided by this book. It also serves as a key resource for students, researchers, and instructors across public policy.

An essential desk reference for stock brokers, private investors, employees in finance positions, business school students, commerce students, corporate managers or anyone trying to make sense of the financial media. The South African Dictionary of Finance gives guidance of the terminology you will come across in the finance world in plain, understandable English. The rapidly evolving world of finance keeps on generating new products, ideas, concepts and language that anyone seriously interested in money needs to get to grips with. Some of the concepts are peculiar to South Africa but many are international terms. All are essential to master in the areas of finance and banking.

From the basics down to investing, get the most out of your 401(k) and IRA in any economic environment When you're ready to start setting aside (or withdrawing) money for your retirement--whenever that might be--401(k)s & IRAs For Dummies is here for you! It covers both types of retirement plans because they each have valuable tax benefits, and you may be able to contribute to both at the same time. With the practical advice in this book, you learn how to manage your accounts, minimize your investment risk, and maximize your returns. Sounds like a win-win, no matter your situation or where you're at in life. Written by a well-known expert and 'father of the 401 (k)', Ted Benna, 401(k)s & IRAs For Dummies helps you keep up with the ever-changing rules surrounding both retirement plans--including the rules from the SECURE and CARES Acts--and avoid the mistakes that can lead to higher taxes and penalties. Additional topics include: Tax strategies before and after retirement Required distributions and how much you need to take Penalties for taking money out early and how to avoid them What happens to your or your spouse's retirement plan after death or divorce The rules for taking money out of an inherited plan Methods for calculating required minimum distributions Special tax benefits for conversions to Roth IRAs How to recharacterize IRA or Roth contributions Why IRA based plans are a better options for many small employers Helping solo entrepreneurs and other small businesses pick the right type of plan Whether you're just starting to think about a retirement plan, planning when to retire, or you're facing retirement, you'll find useful and practical guidance in 401(k)s & IRAs For Dummies. Get your copy today!

This comprehensive book provides a complete overview of the international legal system of foreign investment protection. Proposing a simple, practical approach, it examines the problems one might face when studying or practising international investment law, including those arising from contemporary changes and controversies. In this incisive book, Arnaud de Nanteuil synthesises material from treaties, general international law, contracts and case law to demonstrate a coherent system of investment protection, rather than simply describing the law as it currently stands. Through this systematic approach, the book considers all aspects of the discipline, examining its history, the content of the law, investment arbitration, and its relationship with other areas of international law such as human rights, the environment and EU law. It also discusses answers to questions that remain open in current case law. Providing a thorough and accessible analysis, this book will be invaluable to both students and academics working in the field of international investment law, as well as practitioners who will appreciate its pragmatic style. Government officials and those working for international organisations in this area will also find its discussion of the possible future evolution of the law insightful.

You Spend It. You Save It. You Never Have Enough of It. But how does money actually work? Understanding cash, currencies and the financial system is vital for making sense of what is going on in our world, especially now. Since the 2008 financial crisis, money has rarely been out of the headlines. Central banks have launched extraordinary policies, like quantitative easing or negative interest rates. New means of payment, like Bitcoin and Apple Pay, are changing how we interact with money and how governments and corporations keep track of our spending. Radical politicians in the US and UK are urging us to transform our financial system and make it the servant of social justice. And yet, if you stopped for a moment and asked yourself whether you really understand how it works, would you honestly be able to say 'yes'? In Money in One Lesson, Gavin Jackson, a lead writer for the Financial Times, specialising in economics, business and public policy, answers the most important questions to clarify for the reader what money is and how it shapes our societies. With brilliant storytelling, Jackson provides a basic understanding of the most important element of our everyday lives. Drawing on stories like the 1970s Irish Banking Strike to show what money actually is, and the Great Inflation of West Africa's cowrie shell money to explain how it keeps its value, Money in One Lesson demystifies the world of finance and explains how societies, both past and present, are forever entwined with monetary matters.

Part of The Elgar Series on Central Banking and Monetary Policy, this book explores the relationship between central banking, monetary policy and the economy at large, focusing on the specific relationship between central banking, monetary policy and the future of money. The book explores the complexity of the current monetary policy transmission channels and the issue of confidence in money. Scholars examine the specific relationship between central banking, monetary policy and the future of money, with a particular insight on digital and local currencies. Scholars and students interested in central banking and monetary policy, the digitalization of money and the relationship between central banks and the growth of local currencies will value this timely take on the new realities of central banking. entral

Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world's leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. Covering all aspects of federal securities law, this Advanced Introduction provides an excellent understanding of how U.S. securities regulation works, particularly as this emerging area of law becomes more prevalent for those working or involved in general corporate and commercial practices. It examines the definition of securities and how modern investment opportunities may be subject to this regulation as well as more traditional forms such as stocks or bonds. Key Features: Providing up to date information on the latest developments in securities law Presenting complex material in a clear and comprehensive format and defining key concepts Thoroughly reviewing significant Supreme Court cases, alongside the noteworthy statues and Securities and Exchange Commission Rules This informative book will be invaluable reading for practitioners and others engaged in the business and securities world looking for a detailed overview of U.S. securities law. It will also be a useful resource for lawyers, scholars, and policy advisors.

Literary Nonfiction. Philosophy. Economics & Statistics. Translated from the German by Karen Leeder. Acclaimed poet, essayist, and cultural critic Hans Magnus Enzensberger takes a fresh, sobering look at our faith in statistics, our desire to predict the future, and our dependence on fortuitousness. Tracing the interface between chance and probability in medical diagnostics, risk models, economics, and the fluctuations of financial markets, FATAL NUMBERS goes straight to the heart of what it means to live, plan, and make decisions in a globalized, digitized, hyperlinked, science-driven, and uncertain world. Foreword by Gerd Gigerenzer. Illustrations by David Fried.

The ability of a nation to finance its basic infrastructure is essential to its economic well-being in the 21st century. This second edition of State and Local Financial Instruments covers the municipal securities market in the United States from the perspective of its primary capital financing role in a fiscal federalist system, where subnational governments are responsible for financing the nation's essential physical infrastructure. Using the latest financial research, the authors use data-driven analysis to inform current public policy debates regarding the future of subnational government debt finance. The theories, research and practical examples in the book illustrate the policies and practices that helped governments navigate through the COVID-19 pandemic, the Financial Crisis and Great Recession, and that contributed to government shipwrecks. The book is designed to help officials make good, sound fiscal choices in a fast changing, complex financial world entwined in a network of intermediaries, and within the constraints imposed by fiscal rules and institutions. This updated edition will be of interest to academics, students and researchers interested in economics, finance, international studies and public administration and policy. It is also an excellent reference tool for government officials, public policymakers and professionals working in finance.