0
Your cart

Your cart is empty

Browse All departments
Price
  • R100 - R250 (24)
  • R250 - R500 (122)
  • R500+ (2,259)
  • -
Status
Format
Author / Contributor
Publisher

Books > Business & Economics > Finance & accounting > Finance > Public finance > General

National Deficit & Debt - Where to Next? (Hardcover): James B. Lucas National Deficit & Debt - Where to Next? (Hardcover)
James B. Lucas
R1,785 R1,335 Discovery Miles 13 350 Save R450 (25%) Ships in 10 - 15 working days

The National Debt has increased an average of $1.64 billion per day since September, 2004. This is obviously not a harmless archival statistic that does not concern US citizens. In fact, it has paramount consequence for the entire world, considering the United States position as a world leader. The following chapters offer a basis for the complex questions, arguments and concerns that are raised by the national deficit issue.

Expedited Rescission Authority of Federal Funding - An Examination (Paperback): Jonathan Leibowitz, Diane Hall Expedited Rescission Authority of Federal Funding - An Examination (Paperback)
Jonathan Leibowitz, Diane Hall
R1,787 Discovery Miles 17 870 Ships in 10 - 15 working days

The Impoundment Control Act (ICA), established a new framework for congressional notification and review of rescissions requested by a President. The 1974 law requires the President inform Congress of all proposed rescissions in a special message, containing specified information on each proposed rescission. With regard to congressional oversight of presidential rescissions, the ICA provides that the funds must be made available for obligation unless both houses of Congress take action to approve a rescission request included in the message received from the President within 45 days of "continuous session"; days in which either chamber is in recess for more than three days are not counted. This book examines the expedited rescission authority of federal funding with testimony presented during the hearing on "Enhancing the President's Authority to Eliminate Wasteful Spending and Reduce the Budget Deficit".

Assessing the Benefits and Costs of ITS - Making the Business Case for ITS Investments (Paperback, Softcover reprint of the... Assessing the Benefits and Costs of ITS - Making the Business Case for ITS Investments (Paperback, Softcover reprint of the original 1st ed. 2004)
David Gillen, David Levinson
R5,281 Discovery Miles 52 810 Ships in 7 - 11 working days

The 17 chapters in this book, which evolved from a conference on measuring the contributions of ITS sponsored by the California Department of Transportation in February 2002, examine the costs and benefits of ITS in an economic and business policy context. Section 1 examines the broad theme of how and what ITS contributes to the economy and how one makes a business case for ITS. Section 2 includes three chapters on ITS applications in mass transit. Section 3 explores ITS applications in the automobile/highway system. Section 4 considers integrative issues including how ITS is perceived and how it can be positioned to improve surface transportation. This volume will be especially useful to researchers and policy makers working in transportation, transportation engineering, and the economic analysis of transportation systems.

Bank Behaviour and Resilience - The Effect of Structures, Institutions and Agents (Hardcover): C. Bakir Bank Behaviour and Resilience - The Effect of Structures, Institutions and Agents (Hardcover)
C. Bakir
R3,744 Discovery Miles 37 440 Ships in 7 - 11 working days

This book provides new interdisciplinary and comparative answers as to why banking sectors in 'liberal' and 'coordinated' market economies operated under a shared set of rules during the Global Financial Crisis. Exploring the role of complex interactions among interdependent structures, institutions and agents defines this banking behaviour.

Financial Integration - A Focus on the Mediterranean Region (Paperback, 2013 ed.): Marga Peeters, Nidal Sabri, Wassim Shahin Financial Integration - A Focus on the Mediterranean Region (Paperback, 2013 ed.)
Marga Peeters, Nidal Sabri, Wassim Shahin
R3,683 Discovery Miles 36 830 Ships in 7 - 11 working days

The Arab upheaval and the world's biggest financial crisis after the Great Depression were almost simultaneous in their occurrence. The Mediterranean economies now face a dual challenge of a political and financial restructuring in the light of a shaky economic pedestal on which they stand. In light of this socio-political and economic shift in both inland and in world markets, this book offers a thorough analysis on problems, prospects and the way ahead for the financial integration of the South-Mediterranean region. Several perspectives on financial integration and policy recommendations are put forward from a leading group of researchers specializing on the Mediterranean region.

Participatory Budgeting in Asia and Europe - Key Challenges of Participation (Hardcover): Y. Sintomer Participatory Budgeting in Asia and Europe - Key Challenges of Participation (Hardcover)
Y. Sintomer; Carsten Herzberg; Edited by R. Traub-Merz, J. Zhang
R2,224 Discovery Miles 22 240 Ships in 10 - 15 working days

Citizens' participation, especially participatory budgeting, has spread in both Asia and Europe, and has been a symbol of democratic renewal. These transformations are already very visible in Europe, where more than 200 municipalities have adopted participatory budgeting. By contrast, in some Asian democracies, such as Japan or South Korea, it has considerably enlarged the agenda of citizen participation, integrating new forms such as taxpayers' budgets. In other countries, especially in China, participatory budgeting represents some adaptations of opening and transparency. With a global cast of authors, this study provides an overview of the impact of these devices, such as improving the modernisation of public administration or improving the contact between citizens and politicians, and documents the latest developments of citizen participation in both continents.

Engineering Economics and Finance for Transportation Infrastructure (Paperback, Softcover reprint of the original 1st ed.... Engineering Economics and Finance for Transportation Infrastructure (Paperback, Softcover reprint of the original 1st ed. 2013)
Elena S. Prassas, Roger P. Roess
R3,436 Discovery Miles 34 360 Ships in 7 - 11 working days

This textbook provides a fundamental overview of the application of engineering economic principles to transportation infrastructure investments. Basic theory is presented and illustrated with examples specific to the transportation field. It also reviews the history of transportation finance, as well as current methods for funding transportation investments in the U.S. Future problems and potential solutions are also discussed and illustrated.

Bildungsinvestitionen Und Bildungspolitische Massnahmen Im Spannungsfeld Von Gerechtigkeit Und Effizienz (German, Paperback,... Bildungsinvestitionen Und Bildungspolitische Massnahmen Im Spannungsfeld Von Gerechtigkeit Und Effizienz (German, Paperback, 2014 ed.)
Anna Makles
R1,628 R1,344 Discovery Miles 13 440 Save R284 (17%) Ships in 10 - 15 working days

Eine effiziente und gerechte Bildungspolitik zahlt zu den bedeutendsten Themen unserer Gesellschaft. Anhand dreier empirischer Studien analysiert Anna Makles, wie mit entsprechendem Ressourceneinsatz und bildungspolitischen Steuerungsmassnahmen ungunstigen Ausgangslagen von Kindern und Jugendlichen im Bildungsprozess entgegengewirkt werden kann. In einer ersten Studie untersucht sie, welchen Effekt die Kindergartenbesuchsdauer auf die Schulfahigkeit von Kindern verschiedener ethnischer und soziookonomischer Herkunftsgruppen hat. Die zweite Studie befasst sich mit dem Effekt der Auflosung von Grundschulbezirken auf die ethnische Zusammensetzung in Grundschulen und der moglichen Verstarkung ungunstiger Ausgangslagen an den Schulen. In der dritten Studie werden Moglichkeiten der bedarfsgerechten Schulfinanzierung zur Berucksichtigung ungunstiger Ausgangslagen an Grundschulen diskutiert. Die Ergebnisse weisen auf vielfaltige Steuerungsmoglichkeiten fur eine gerechte und effiziente Bildungspolitik hin."

The Next Twenty-five Years of Public Choice (Paperback, Softcover reprint of the original 1st ed. 1993): Charles Rowley,... The Next Twenty-five Years of Public Choice (Paperback, Softcover reprint of the original 1st ed. 1993)
Charles Rowley, Friedrich Schneider, Robert D. Tollison
R1,956 Discovery Miles 19 560 Ships in 7 - 11 working days

The Next 25 Years of Public Choice brings together the perspectives of many of the world's leading scholars of public choice on the present state of knowledge and the likely future course of scholarship on public choice and constitutional economy. This book presents material in a manner accessible to a wide educated readership and will be influential in guiding future research in this important field. It is directed at professional scholars of public choice, economics and political science, government officials, graduate students and anyone seriously interested in public policy. A distinguished group of internationally well-known scholars offer their own often far-reaching views on strengths and weaknesses in the current literature and pinpoint important avenues of research amenable to future research.

State Government Budget Stabilization - Policy, Tools, and Impacts (Paperback, 2013 ed.): Yilin Hou State Government Budget Stabilization - Policy, Tools, and Impacts (Paperback, 2013 ed.)
Yilin Hou
R3,860 Discovery Miles 38 600 Ships in 7 - 11 working days

This book is the first comprehensive, full-scale treatment of the law, politics and economics with regard to the policies and policy instruments for budget stabilization at the state level. Covering the period from 1946 through 2008 in the United States, it provides details on the methods and results of empirical tests of the effects of budget stabilization instruments on government operations, public service provision, and some other aspects of social and economic life. With the lingering effects of the most recent financial crisis and economic downturn, and the subsequent Tea Party movement advocating smaller government and deficit reduction, this book carries timely and important theoretical as well as practical implications, particularly in regard to the potential for counter-cyclical fiscal policy in mitigating negative impacts during a recession. The first contribution of the book is in public finance theory: it provides insights into the applications of the stabilization function in the context of strong government, thereby refining Keynesianism. The second aspect is in Public Choice: the creation and functioning of budget stabilization funds offer extra evidence to demonstrate that the general public provides input and voice in more than the conventional ways when it comes to policy making, even in an area dominated by strong government. The third aspect is in policy making, exploring the opportunities for refining policy tools in preparation for future downturns.

Dynamics of Poverty in Rural Bangladesh (Paperback, 2013 ed.): Pk MD Motiur Rahman, Noriatsu Matsui, Yukio Ikemoto Dynamics of Poverty in Rural Bangladesh (Paperback, 2013 ed.)
Pk MD Motiur Rahman, Noriatsu Matsui, Yukio Ikemoto
R3,962 Discovery Miles 39 620 Ships in 7 - 11 working days

The study of poverty dynamics is important for effective poverty alleviation policies because the changes in income poverty are also accompanied by changes in socioeconomic factors such as literacy, gender parity in school, health care, infant mortality, and asset holdings. In order to examine the dynamics of poverty, information from 1,212 households in 32 rural villages in Bangladesh was collected in December 2004 and December 2009. This book reports the analytical results from quantitative and qualitative surveys from the same households at two points of time, which yielded the panel data for understanding the changes in situations of poverty. Efforts have been made to include the most recent research from diverse disciplines including economics, statistics, anthropology, education, health care, and vulnerability study. Specifically, findings from logistic regression analysis, polychoric principal component analysis, kernel density function, income mobility with the help of the Markov chain model, and child nutrition status from anthropometric measures have been presented. Asset holdings and liabilities of the chronically poor as well as those of three other economic groups (the descending non-poor, the ascending poor, and the non-poor) are analyzed statistically. The degrees of vulnerability to poverty are examined by years of schooling, landholding size, gender of household head, social capital, and occupation. The multiple logistic regression model was used to identify important risk factors for a household's vulnerability. In 2009, some of the basic characteristics of the chronically poor were: higher percentage and number of female-headed households, higher dependency ratio, lower levels of education, fewer years of schooling, and limited employment. There was a low degree of mobility of households from one poverty status to another in the period 2004-2009, implying that the process of economic development and high economic growth in the macroeconomy during this time failed to improve the poverty situation in rural Bangladesh.

State Government Budget Stabilization - Policy, Tools, and Impacts (Hardcover, 2013 ed.): Yilin Hou State Government Budget Stabilization - Policy, Tools, and Impacts (Hardcover, 2013 ed.)
Yilin Hou
R3,406 Discovery Miles 34 060 Ships in 7 - 11 working days

This book is the first comprehensive, full-scale treatment of the law, politics and economics with regard to the policies and policy instruments for budget stabilization at the state level. Covering the period from 1946 through 2008 in the United States, it provides details on the methods and results of empirical tests of the effects of budget stabilization instruments on government operations, public service provision, and some other aspects of social and economic life. With the lingering effects of the most recent financial crisis and economic downturn, and the subsequent Tea Party movement advocating smaller government and deficit reduction, this book carries timely and important theoretical as well as practical implications, particularly in regard to the potential for counter-cyclical fiscal policy in mitigating negative impacts during a recession. The first contribution of the book is in public finance theory: it provides insights into the applications of the stabilization function in the context of strong government, thereby refining Keynesianism. The second aspect is in Public Choice: the creation and functioning of budget stabilization funds offer extra evidence to demonstrate that the general public provides input and voice in more than the conventional ways when it comes to policy making, even in an area dominated by strong government. The third aspect is in policy making, exploring the opportunities for refining policy tools in preparation for future downturns.

The Global Curse of the Federal Reserve - How Investors Can Survive and Profit From Monetary Chaos (Paperback, 2nd ed. 2013):... The Global Curse of the Federal Reserve - How Investors Can Survive and Profit From Monetary Chaos (Paperback, 2nd ed. 2013)
Alex Pollock; B. Brown
R1,093 Discovery Miles 10 930 Ships in 10 - 15 working days

The Global Curse of the Federal Reserve reveals and explores the missing link between the Austrian School of Economics and behavioral finance theory. Monetary instability is the source of the waves of irrational exuberance (sometimes described as "asset price inflation"), which spread so much economic destruction and geo-political turmoil when they break. The largest and most destructive waves in the past 100 years have all been powered by monetary turmoil created by the Federal Reserve. Dr. Brown argues that flawed monetary practice and principles--most recently in the form of Bernanke-ism--have been responsible for the Fed-made havoc. The author comes to two optimistic conclusions. First, political forces in the US will one day gain sufficient strength to repeal Bernanke-ism. But the new revolutionaries must learn from the mistakes of the first monetarist revolution. Brown argues for the end of the Fed as a policy-making institution. Second, it is possible for investors to build substantial protection for their wealth and even profit from monetary chaos unleashed by the Federal Reserve--but this depends on throwing overboard much of the established wisdom about optimal portfolio management.

Voting Paradoxes and Group Coherence - The Condorcet Efficiency of Voting Rules (Paperback, 2011 ed.): William V. Gehrlein,... Voting Paradoxes and Group Coherence - The Condorcet Efficiency of Voting Rules (Paperback, 2011 ed.)
William V. Gehrlein, Dominique Lepelley
R3,867 Discovery Miles 38 670 Ships in 7 - 11 working days

The likelihood of observing Condorcet's Paradox is known to be very low for elections with a small number of candidates if voters' preferences on candidates reflect any significant degree of a number of different measures of mutual coherence. This reinforces the intuitive notion that strange election outcomes should become less likely as voters' preferences become more mutually coherent. Similar analysis is used here to indicate that this notion is valid for most, but not all, other voting paradoxes. This study also focuses on the Condorcet Criterion, which states that the pairwise majority rule winner should be chosen as the election winner, if one exists. Representations for the Condorcet Efficiency of the most common voting rules are obtained here as a function of various measures of the degree of mutual coherence of voters' preferences. An analysis of the Condorcet Efficiency representations that are obtained yields strong support for using Borda Rule.

Hope Springs Eternal - French Bondholders and the Repudiation of Russian Sovereign Debt (Hardcover): Kim Oosterlinck Hope Springs Eternal - French Bondholders and the Repudiation of Russian Sovereign Debt (Hardcover)
Kim Oosterlinck; Translated by Anthony Bulger
R1,494 R529 Discovery Miles 5 290 Save R965 (65%) Ships in 10 - 15 working days

In 1918, the Soviet revolutionary government repudiated the Tsarist regime's sovereign debt, triggering one of the biggest sovereign defaults ever. Yet the price of Russian bonds remained high for years. Combing French archival records, Kim Oosterlinck shows that, far from irrational, investors had legitimate reasons to hope for repayment. Soviet debt recognition, a change in government, a bailout by the French government, or French banks, or a seceding country would have guaranteed at least a partial reimbursement. As Greece and other European countries raise the possibility of sovereign default, Oosterlinck's superbly researched study is more urgent than ever.

Pensions in the European Union: Adapting to Economic and Social Change - Adapting to Economic and Social Change (Paperback,... Pensions in the European Union: Adapting to Economic and Social Change - Adapting to Economic and Social Change (Paperback, Softcover reprint of the original 1st ed. 2000)
Gerard Hughes, Jim Stewart
R2,428 Discovery Miles 24 280 Ships in 7 - 11 working days

The ageing, financial and labour market challenges facing the old age pension systems of the member states of the European Union are well known. Those who cast doubt on the ability of the present system of pension provision - at least to the extent that it is pay-as-you-go financed - to cope with the problems posed by these challenges are getting more vociferous. Increasingly there are calls for pay-as-you-go systems to be cut back and for funded systems to be expanded. This book contests the view that funding is the answer. It shows how adaptable the largely pay-as-you-go old age pension systems in the European Union are. Actuaries, economists, lawyers, political scientists, pension advisers, and sociologists, from nine European countries and the United States, consider four main themes: population ageing, competitiveness and retirement; pension financing and economic growth; adapting pension systems to meet change; and decision-making processes. They argue that pay-as-you-go-financed old age pension systems in the European Union have the ability to successfully adapt to economic and social change provided they do not take on too many non-insurance-related risks. Solving the problems of the labour market and controlling the direction and extent of economic development are beyond the powers of old age pension systems, regardless of how they are structured or financed. Separate budgets for separate risks is an indispensable principle if the complex processes of social protection are to be successfully managed, monitored, and made transparent. There can be no single plan for the future development of old age pension systems which would be universally valid for all the countries of the European Union. A single solution cannot take into account the special circumstances obtaining in every nation, and since respect for the special features of national systems is the basis of popular acceptance, the way forward is to reform existing systems in existing contexts.

The Economics and Ethics of Private Property - Studies in Political Economy and Philosophy (Paperback, Softcover reprint of the... The Economics and Ethics of Private Property - Studies in Political Economy and Philosophy (Paperback, Softcover reprint of the original 1st ed. 1993)
Hans-Hermann Hoppe
R2,905 Discovery Miles 29 050 Ships in 7 - 11 working days

The collapse of socialism across Eastern Europe - as manifested most dramatically by the events of the forever memorable November 9, 1989, when the Germans of East and West reunited, moved and overjoyed, on top of the Berlin Wall - has added more support and urgency to the central thesis of this volume than I had ever hoped for. Whether the following studies deal with economic topics, such as employment, interest, money, banking, business cycles, taxes, public goods, or growth; with philosophical problems as the foundations of know ledge, and of economics and ethics in particular; or the reconstruction and theoretical explanation of historical and sociological phenomena such as exploitation, the rise and fall of civilizations, international politics, war, imperialism, and the role of ideas and ideological movements in the course of social evolution - each ultimately contributes to but one conclusion: The right to private property is an indisputably valid, absolute principle of ethics and the basis for continuous 'optimal' economic progress. To rise from the ruins of socialism and overcome the stagnation of the Western welfare states, nothing will suffice but the uncompromizing privatization of all socialized, that is, government, property and the establishment of a contractual society based on the recognition of the absoluteness of private property rights. *** In writing the following studies I received help from many sides. Special thanks go to my wife Margaret, who again took on the task of de Germanizing my English; to Llewellyn H."

The Economics of Informational Decentralization: Complexity, Efficiency, and Stability - Essays in Honor of Stanley Reiter... The Economics of Informational Decentralization: Complexity, Efficiency, and Stability - Essays in Honor of Stanley Reiter (Paperback, Softcover reprint of the original 1st ed. 1994)
John O. Ledyard
R4,347 Discovery Miles 43 470 Ships in 7 - 11 working days

In this volume are papers written by students and co-authors of Stanley Reiter. The collection reflects to some extent the range of his interests and intellectual curiosity. He has published papers in statistics, manage ment science, international trade, and welfare economics. He co-authored early papers in economic history and is reported to be largely responsible for giving the field its name of Cliometrics. He helped initiate, nurture and establish the area of economics now known as mechanism design which studies information decentralization, incentives, computational complexity and the dynamics of decentralized interactions. The quality, craft, depth, and innovative nature of his work has always been at an exceptionally high level. Stan has had a strong and important direct effect on many students at Purdue University and Northwestern University. He created and taught a course which all of his students have both dreaded and respected. Using the Socratic method in remarkably effective ways to teach theory skills, he has guided, prodded, and encouraged us to levels we did not think we were capable of. Some of his students are represented in this volume. But even those whose careers took directions other than mathematical economics still consider that training to be an important component of their success. Stan's students include department chairmen, business executives, Deans, a Secretary of the Air Force, and a College President. His guidance has been necessary and fundamental to whatever successes we have had.

Autocracy (Paperback, Softcover reprint of the original 1st ed. 1987): G. Tullock Autocracy (Paperback, Softcover reprint of the original 1st ed. 1987)
G. Tullock
R3,846 Discovery Miles 38 460 Ships in 7 - 11 working days

My first serious thought about a scientific approach to politics was in Communist China. When the Communists seized China, the American Department of State, which was planning to recognize them, left its entire diplomatic establishment in place. At the time, I was a Vice Consul in Tientsin, so I found myself living under the Communists. While the Department of State was planning on recognizing the Communists, the Communist plans were obscure. In any event, they weren't going to recognize us in the Consulate General until formal relations were established between the two governments, so I had a great deal of leisure. As a man who then intended to spend his life as a political officer in the Department of State, I decided to fill in this time by reading political science. I rapidly realized, not only that the work was rather unsatisfactory from a scientific standpoint, but also that it didn't seem to have very much relevance to the Communist government under which I was then living. ! I was unable to solve the problem at the time, and after a number of vicissitudes which included service in Hong Kong and South Korea, neither of which was really a model of democracy, I resigned and switched over to an academic career primarily concerned with that mixture of economics and political science which we call Public Choice. Most of my work in Public Choice has dealt with democratic governments.

The Theory of Committees and Elections by Duncan Black and Committee Decisions with Complementary Valuation by Duncan Black and... The Theory of Committees and Elections by Duncan Black and Committee Decisions with Complementary Valuation by Duncan Black and R.A. Newing (Paperback, Softcover reprint of the original 2nd ed. 1998)
Iain S. McLean, Alistair McMillan, Burt L. Monroe
R5,298 Discovery Miles 52 980 Ships in 7 - 11 working days

R. H. Coase Duncan Black was a close and dear friend. A man of great simplicity, un worldly, modest, diffident, with no pretensions, he was devoted to scholarship. In his single-minded search for the truth, he is an example to us all. Black's first degree at the University of Glasgow was in mathematics and physics. Mathematics as taught at Glasgow seems to have been designed for engineers and did not excite him and he switched to economics, which he found more congenial. But it was not in a lecture in economics but in one on politics that he found his star. One lecturer, A. K. White, discussed the possibility of constructing a pure science of politics. This question caught his imagination, perhaps because of his earlier training in physics, and it came to absorb his thoughts for the rest of his life. But almost certainly nothing would have come of it were it not for his appointment to the newly formed Dundee School of Economics where the rest of the. teaching staff came from the London School of Economics. At Glasgow, economics, as in the time of Adam Smith, was linked with moral philosophy. At Dundee, Black was introduced to the analytical x The Theory o/Committees and Elections approach dominant at the London School of Economics. This gave him the approach he used in his attempt to construct a pure science of politics."

Government and the Food Industry: Economic and Political Effects of Conflict and Co-Operation (Paperback, Softcover reprint of... Government and the Food Industry: Economic and Political Effects of Conflict and Co-Operation (Paperback, Softcover reprint of the original 1st ed. 1997)
L. Tim Wallace, William R. Schroder
R3,636 Discovery Miles 36 360 Ships in 7 - 11 working days

This book's purpose is to shed light on the threats and opportunities arising from the incentives and restrictions of governmental actions which food industry managers discover in their search for profits. The food industry, as defined here, includes farmers, their input suppliers, processors and distributors. This text explores how the private sector reacts to the stimulus of public support measures, rules and regulations which are usually motivated by entirely different ends than those desired within the private sector. No current single model of economic behavior as yet adequately encompasses or quantifies these complex vectors and forces. Management is comprised of many factors, most of which can be identified ex post but few of which can be appraised precisely ex ante. The perceptual processes by which managers respond to governments are influenced by culture, aptitudes, individual and collective goals. details of most government/business relationships are discussed Few openly since management and government officials are, understandably, often reluctant to share the decision tree route by which trust is built and understandings are negotiated. Our text differs from others in that we combine both a theoretical and experiential approach to the subject. The insights provided by the case study material give a more macro and yet realistic view than tha t usually offered elsewhere. We indicate the risks and dynamics of the situations faced by management while also showing the importance and strategic relevance of a solid analytical foundation for managerial purposes.

Public Economics and the Environment in an Imperfect World (Paperback, Softcover reprint of the original 1st ed. 1995): Lans... Public Economics and the Environment in an Imperfect World (Paperback, Softcover reprint of the original 1st ed. 1995)
Lans Bovenberg, Sijbren Cnossen
R3,372 Discovery Miles 33 720 Ships in 7 - 11 working days

Growing populations and economies have increased the public's awareness that the world's environmental resources are finite. The issues of global warming and the depletion of the ozone layer have given universal significance to what were once local and regional pollution problems. What is evident from Public Economics and the Environment in an Imperfect World is that Coasian negotiations fail to internalize the costs of environmental degradation, often calling for public intervention through the market mechanism. In its consideration of such issues the book includes contributions on assessment problems, institutional aspects, the need for coordination and efficiency, and distribution issues.

The Invisible Hands of U.S. Commercial Banking Reform - Private Action and Public Guarantees (Paperback, Softcover reprint of... The Invisible Hands of U.S. Commercial Banking Reform - Private Action and Public Guarantees (Paperback, Softcover reprint of the original 1st ed. 2003)
Margaret M. Polski
R2,864 Discovery Miles 28 640 Ships in 7 - 11 working days

The commercial banking industry in the United States has dramatically restructured. While concentration has increased, banks no longer dominate financial services. Instead, they have become part of holding companies that own a broad range of closely related financial services companies that are both complementary and competitive. Historical prohibitions against interstate banking have been liberalized as have the regulatory barriers that strictly separate banking, insurance, and securities market activities. As risk and complexity in the financial system increases and traditional sources of returns in banking diminish, pressure for further change will mount.
While the facts of regulatory change in U.S. commercial banking are not entirely new, we have a limited understanding of how it actually happened. And how it happened holds important lessons for future change as well as for other banking systems that are facing similar pressures. The Invisible Hands of U.S. Commercial Banking Reform shows how to analyze incentives for economic and institutional change and then demonstrates how incentives shape beliefs and choices. Contrary to commonly held assumptions, U.S. commercial banking is governed by a closely integrated combination of markets and governments and large-scale adaptation appears to require both relatively unfettered private action and government guarantees.

Fiscal Federalism in Unitary States (Paperback, Softcover reprint of the original 1st ed. 2004): Per Molander Fiscal Federalism in Unitary States (Paperback, Softcover reprint of the original 1st ed. 2004)
Per Molander
R2,659 Discovery Miles 26 590 Ships in 7 - 11 working days

Decentralism of political power to regions and local government occurs worldwide in response to demands from the periphery. Such devolution of power raises a number of problems - political, financial, and legal. By gathering together important papers from a series of workshops sponsored by the SNS Constitutional Project and the Center for European Integration Studies, this volume presents a number of these problems from a truly interdisciplinary perspective. The authors believe that fiscal federalism, while originating in formally federal states, is relevant also to the analysis of state-local relationships in unitary states with some degree of regional or local authority. Among the topics they cover are the division of responsibilities and powers of taxation, bailouts, systems of equalization, and state grants, as well as problems related to democracy and citizens' rights. While the book's primary focus is Nordic, its international perspective is enhanced by contributions from Europe, Canada, and the U.S.

Financial Innovations and the Welfare of Nations - How Cross-Border Transfers of Financial Innovations Nurture Emerging Capital... Financial Innovations and the Welfare of Nations - How Cross-Border Transfers of Financial Innovations Nurture Emerging Capital Markets (Paperback, Softcover reprint of the original 1st ed. 2001)
Laurent L. Jacque, Paul M. Vaaler
R3,629 Discovery Miles 36 290 Ships in 7 - 11 working days

The central question addressed in Financial Innovations and the Welfare of Nations is how the transfer of financial innovations from developed to developing economies can nurture the dynamics of emerging capital markets. National capital markets can be positioned along a continuum ranging from embryonic to mature and emerged markets according to a decreasing "national cost of capital" criterion. In the introductory chapter Laurent Jacque argues that newly emerging countries are handicapped by a high cost of capital due to "incomplete" and inefficient financial markets. As capital markets graduate to higher level of "emergedness", their national firms avail themselves of a lower cost of capital that makes them more competitive in the global economy and spurs economic growth. Skillful transfer of financial innovations to emerging markets often encourages the deregulation of the country's financial services sector. This results into new conduits for a more efficient capital allocation process such as commercial paper, securitized consumer finance and other disintermediated modes of financing which out-compete traditional financial intermediaries (mostly commercial banks), reduce households' cost of living and conjointly fuel the dynamics of emerging markets. Our response to the central question of how the transfer of financial innovations can enhance the Wealth of Nations is to show that it reduces the cost of capital while not unduly increasing systemic risk. Part I examines the relationship between financial innovations and systemic risk of the international financial system.

Free Delivery
Pinterest Twitter Facebook Google+
You may like...
Priced Out - The Economic and Ethical…
Uwe E Reinhardt Paperback R419 R340 Discovery Miles 3 400
ACCA Taxation FA2019 - Study Text
BPP Learning Media Paperback R1,009 R957 Discovery Miles 9 570
Manage Your Money Like A F*cking Grownup…
Sam Beckbessinger Paperback  (3)
R220 R176 Discovery Miles 1 760
Master Your Finances - The Art Of…
Caroline Marwisa Paperback R302 Discovery Miles 3 020
Smart Woman - How To Gain Financial…
Sylvia Walker Paperback  (5)
R260 R208 Discovery Miles 2 080
Financial Exposure - Carl Levin's Senate…
Elise J. Bean Hardcover R912 Discovery Miles 9 120
Economics Of The Public Sector
Sara Connolly, Alistair Munro Paperback R1,636 Discovery Miles 16 360
My Money - A Financial Planning Guide…
Gerald C. Mwandiambira Paperback  (3)
R250 R200 Discovery Miles 2 000
Personal Financial Management - The…
Swart Nico Paperback  (2)
R650 R555 Discovery Miles 5 550
Financial Mathematics - A Computational…
K. Pereira, N. Modhien, … Paperback R244 R215 Discovery Miles 2 150

 

Partners