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Books > Business & Economics > Business & management > Management of specific areas > Research & development management
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National Intellectual Capital and the Financial Crisis in Brazil, Russia, India, China, Korea, and South Africa (Paperback, 2013 ed.)
Loot Price: R1,648
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National Intellectual Capital and the Financial Crisis in Brazil, Russia, India, China, Korea, and South Africa (Paperback, 2013 ed.)
Series: SpringerBriefs in Economics, 18
Expected to ship within 10 - 17 working days
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In the first decade of the twenty-first century, the biggest event
of worldwide proportion was the 2008 global financial crisis, which
was caused primarily by ineffective governance, failed surveillance
systems, and implementation flaws. While fiscal and monetary
policies succeeded in pulling many countries out of a financial
freefall, most economies have performed beneath pre-recession
levels as governments continued to struggle with their finances.
Examining the financial crisis from the viewpoint of intangible
assets provides a different perspective from traditional economic
approaches. National Intellectual Capital (NIC), comprised mainly
of human capital, market capital, process capital, renewal capital,
and financial capital, is a valuable intangible asset and a key
source of national competitive advantage in today's knowledge
economy. The authors-pioneers in the field-present extensive data
and a rigorous conceptual framework to analyze the connections
between the global financial crisis and NIC development. Covering
the period from 2005 to 2010 across 48 countries, the authors
establish a positive correlation between NIC and GDP per capita and
consider the impact of NIC investment for short-term recovery and
long-term risk control and strategy formulation. Each volume in a
series of SpringerBriefs on NIC and the financial crisis provides
in-depth coverage of the impact of the crisis, the aftermath,
future prospects, and policy implications for a regional cluster.
This volume focuses on the BRICKS-Brazil, Russia, India, China,
Korea, and South Africa.
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