Economists and bankers have long been much maligned individuals; but never more so than in the wake of the Global Financial Crisis. Working as an economist for various financial institutions, for more than 25 years Russell Jones had a foot in both camps, plying his trade in a number of global financial centres and points in between, and experiencing at first hand the extraordinary ebb and flow of an industry that came to exert a disproportionate influence on the lives of almost everyone on the planet. In the process, he met some remarkable people, witnessed dramatic shifts in the balance of global economic and political power, explored in detail the labyrinthine complexities involved in managing modern day macroeconomies, and observed all the arrogance, hubris and day-to-day absurdities of an industry that was in effect allowed to run out of control. It was quite a ride. And not one without its moments of pathos and humour.

The idea that Brazil, Russia, India and China (The 'BRICs') are the economic stars of our times is now widely accepted. Jim O'Neill now introduces us to four new rising stars in the economic firmament: the 'MINT' countries (Mexico, Indonesia, Nigeria and Turkey). However, the struggling 'old' developed nations have still not adjusted to the challenges posed by the new world order. This book looks closely at the role of China in this new order, and in particular at its influential role in Africa where more nations are beginning to emerge as significant economic players to be reckoned with. What is the scale of South-South trade and, crucially, how is this new aspect of globalization being accommodated in global economic governance? How should the world engage with the new economic powerhouses?

As most Americans know, conflicts of interest riddle the US health care system. They result from physicians practicing medicine as entrepreneurs, from physicians' ties to pharma, and from investor-owned firms and insurers' influence over physicians' medial choices. These conflicts raise questions about physicians' loyalty to their patients and their professional and economic independence. The consequences of such conflicts of interest are often devastating for the patients--and society--stuck in the middle.
In Conflicts of Interest and the Future of Medicine, Marc Rodwin examines the development of these conflicts in the US, France, and Japan. He shows that national differences in the organization of medical practice and the interplay of organized medicine, the market, and the state give rise to variations in the type and prevalence of such conflicts. He then analyzes the strategies that each nation employs to cope with them.
Unfortunately, many proposals to address physicians' conflicts of interest do not offer solutions that stick. But drawing on the experiences of these three nations, Rodwin demonstrates that we can mitigate these problems with carefully planned reform and regulation. He examines a range of measures that can be taken in the private and public sector to preserve medical professionalism--and concludes that there just might be more than one prescription to this seemingly incurable malady.

Urban and regional economics encompasses both the economics of geography and spatial economics to focus on the growth, behaviour, and economic performance of cities and regions. Over the last two decades, urban and regional economics has grown dramatically?both as a taught subject and as an active research area?and as work in the subdiscipline flourishes as never before, this new four-volume collection from Routledge meets the need for an authoritative reference work to make sense of the subject's vast literature and the continuing explosion in research output.

The collection, part of Routledge's Critical Concepts in Economics series, is edited by Philip McCann, author of the leading textbook in the field. He has carefully organized the collection to give users not only a thorough understanding of current ideas, but also a detailed exploration of the origin and development of these critical concepts to situate them within a number of rich analytical research traditions.

Urban and Regional Economics is fully indexed and includes a comprehensive introduction, newly written by the editor. It is an essential collection destined to be valued by urban and regional economists?and those working in cognate areas?as a vital research resource.

A closely held firm is not a smaller version of a large public firm, anymore than a child is a miniature adult. While realizing that like large corporations, value comes from a business's ability to generate future cash flows, Long and Bryant emphasize the differences between the two. The primary question is does a separate entity exist or is the business just an extension of its principal owner or manager? If yes, how does this business vary from a large publicly traded firm with market and not management control?
This book gets to the fundamental differences between the two and the adjustments made to correctly value. It avoids the traditional multiples of earnings or multiple of sales and other cookie-cutter approaches, to focus on the basic ability to create value. The book also avoids specifics in tax laws as they change and vary between countries. While providing a conceptual process, Valuing the Closely Held Firm provides numerous examples to lead the reader to understand the concepts.

Based on the market-leading texts from Alain Anderton, this new title from Edexcel gives you complete coverage of the new content of the specifications and addresses the changes to the assessment format. Motivates students and enhances the clarity of diagrams, figures, tables and charts with the engaging full colour design. Supports the analysis of economic situations with the most recent statistics. Embeds theory in real life examples with the latest economic theories and applied economics in every unit. Easy-to-use with a flexible structure, divided into short units.

By the time you read this book, the art world may have witnessed the sale of its first $500 million painting. Whilst for some people money is anathema to art this is clearly a wealthy international industry, and a market with its own conventions and pressures. Drawing on the vast experience of Sotheby's Institute of Art, The Art Business exposes the realities of the commercial trade in fine art and antiques. Attention is devoted to the role of auction houses, commercial galleries and art museums as key institutions, with the text divided into four thematic sections covering: technical and structural elements of the art market cultural policy and management in art business regulatory legal and ethical issues in the art world the views, through interviews, of leading art market experts. This book provides a thorough examination of contemporary issues in the art business, and the mechanisms and influences which underpin its evolution. It is essential reading for students of art history or international business, or anyone with an interest in pursuing a career in this area.

The Internet stock bubble wasn't just about goggle-eyed day traderstrying to get rich on the Nasdaq and goateed twenty-five-year-olds playing wannabe Bill Gates. It was also about an America that believed it had discovered the secret of eternal prosperity: it said something about all of us, and what we thought about ourselves, as the twenty-first century dawned. John Cassidy's Dot.con brings this tumultuous episode to life. Moving from the Cold War Pentagon to Silicon Valley to Wall Street and into the homes of millions of Americans, Cassidy tells the story of the great boom and bust in an authoritative and entertaining narrative. Featuring all the iconic figures of the Internet era -- Marc Andreessen, Jeff Bezos, Steve Case, Alan Greenspan, and many others -- and with a new Afterword on the aftermath of the bust, Dot.con is a panoramic and stirring account of human greed and gullibility.

By considering recent and historical events such as the Great Depression, episodes of boom and bust in the UK, and the malaise in Japan in the 1990s and the early 21st century, monetary economist Tim Congdon is able to show how monetary policy affects both financial markets and the real economy. In all these episodes, fluctuations in money supply growth led to booms or busts in financial markets and were associated with turbulence in the price level and in output and employment. The crucial linkages between monetary policy and financial markets, argues the author, involve broad money, not narrow money. Non-bank financial institutions, such as pension funds and insurance companies, play a critical role in transmitting fluctuations in money growth to asset prices. This monograph is an important contribution to the crucial debate on the role of monetary aggregates in setting monetary policy. Congdon's argument, that ignoring monetary aggregates can lead to profound instability in the real economy, is compelling.

Granting Justice takes issue with the characterisation of the South African state as “developmental”. The crucial aspect of care is missing from the practice for this to be the case. Thus, while the grants address the immediate survival needs of many South Africans, social justice requires quite a different approach, an approach of care that would grant agency and dignity to recipients.

Tessa Hochfeld adopts a highly personal narrative style of writing that reflects the ethical standpoint that she took during her research. Telling a story is what makes her writing so strong and distinguishes it in the development literature.

The book falls into the fields of development studies, and social welfare and social development. The following are possible keywords: social justice; gender justice; care; social development; poverty; social protection; southern welfare; family strengthening; developmental social work.

Given the overwhelming number of ineffective economic reform policies and programs, a central question for international development concerns how significant economic change happens. In the midst of this quandary, a puzzle has been growing quietly the last two decades. Vietnam has transitioned from a poor, centrally planned economy to one of the fastest growing, market economies in the world, despite ignoring conventional reform strategies. This book focuses on solving a specific puzzle of Vietnam's transition. Its fastest growing city, Ho Chi Minh City, has a real estate industry that ranks as the worst place in the world for private capital to invest . Nevertheless, entrepreneurs have emerged to form private firms within the first decade of transition. Where did these people come from? How could they conduct business in such an inhospitable economic environment? The book finds that the transition to capitalism is neither the natural propensity of individuals nor the decision of an all-powerful state nor necessarily requires a long, evolutionary process. The major, rapid, and discontinuous economic change that occurred in Vietnam was fundamentally enabled by a social reconstruction of cognitive paradigms. The new social cognition framework accounts for why some firms were more successful than others as well as why Vietnam's capitalism has surprising characteristics.