The Political Economy of Regional Development in the Western United States

The Political Economy of Regional Development in the Western United States PDF Author: Ann R. Markusen
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 62

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The Political Economy of Regional Development in the Western United States

The Political Economy of Regional Development in the Western United States PDF Author: Ann R. Markusen
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 62

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Reining in the Competition for Capital

Reining in the Competition for Capital PDF Author: Ann R. Markusen
Publisher: W.E. Upjohn Institute
ISBN: 0880992964
Category : Business & Economics
Languages : en
Pages : 230

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Competition in the Investment Banking Industry

Competition in the Investment Banking Industry PDF Author: Samuel L. Hayes
Publisher: Harvard University Press
ISBN: 9780674154155
Category : Business & Economics
Languages : en
Pages : 204

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Book Description
Investment banks play a critically important role in channeling capital from investors to corporations. Not only do they float and distribute new corporate securities, they also assist companies in the private placement of securities, arrange mergers and acquisitions, devise specialized financing, and provide other corporate financial services. After sketching the history and evolution of investment banking, the authors describe the structure of the industry, focusing on the competitive forces at work within it today. They explore patterns of concentration and analyze the strategic and economic factors that underlie those patterns. The authors directly examine the pairing up of investment banks with their corporate clients. They show that the market is sharply segmented, with banks and corporate clients being matched in roughly rank order, the most prestigious banks with the largest, most powerful clients, and so on. Vigorous competition occurs within each segment, but much less between them. With the industry now confronting a changing regulatory environment, a growing tendency of clients to arrange their own financing, and increasing competition both from within and from commercial banks and foreign institutions, Competition in the Investment Banking Industry is essential reading for anyone interested in the future of investment banking.

Competition for Capital

Competition for Capital PDF Author: Stefan Sinn
Publisher:
ISBN: 9780472082537
Category : Capital market
Languages : en
Pages : 206

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Catching Capital

Catching Capital PDF Author: Peter Dietsch
Publisher: Oxford University Press
ISBN: 0190251522
Category : Philosophy
Languages : en
Pages : 256

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Book Description
Rich people stash away trillions of dollars in tax havens like Switzerland, the Cayman Islands, or Singapore. Multinational corporations shift their profits to low-tax jurisdictions like Ireland or Panama to avoid paying tax. Recent stories in the media about Apple, Google, Starbucks, and Fiat are just the tip of the iceberg. There is hardly any multinational today that respects not just the letter but also the spirit of tax laws. All this becomes possible due to tax competition, with countries strategically designing fiscal policy to attract capital from abroad. The loopholes in national tax regimes that tax competition generates and exploits draw into question political economic life as we presently know it. They undermine the fiscal autonomy of political communities and contribute to rising inequalities in income and wealth. Building on a careful analysis of the ethical challenges raised by a world of tax competition, this book puts forward a normative and institutional framework to regulate the practice. In short, individuals and corporations should pay tax in the jurisdictions of which they are members, where this membership can come in degrees. Moreover, the strategic tax setting of states should be limited in important ways. An International Tax Organisation (ITO) should be created to enforce the principles of tax justice. The author defends this call for reform against two important objections. First, Dietsch refutes the suggestion that regulating tax competition is inefficient. Second, he argues that regulation of this sort, rather than representing a constraint on national sovereignty, in fact turns out to be a requirement of sovereignty in a global economy. The book closes with a series of reflections on the obligations that the beneficiaries of tax competition have towards the losers both prior to any institutional reform as well as in its aftermath.

Investment Incentives and the Global Competition for Capital

Investment Incentives and the Global Competition for Capital PDF Author: K. Thomas
Publisher: Springer
ISBN: 0230302394
Category : Political Science
Languages : en
Pages : 201

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Book Description
This is a global study of government subsidies to attract investment. The book shows how corporations use site selection as rent extraction, with developing countries investing more than developed ones. It demonstrates that incentive use is rarely a good policy, especially for countries without adequate education and infrastructure.

Golden Rule

Golden Rule PDF Author: Thomas Ferguson
Publisher: University of Chicago Press
ISBN: 022616201X
Category : Political Science
Languages : en
Pages : 439

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Book Description
"To discover who rules, follow the gold." This is the argument of Golden Rule, a provocative, pungent history of modern American politics. Although the role big money plays in defining political outcomes has long been obvious to ordinary Americans, most pundits and scholars have virtually dismissed this assumption. Even in light of skyrocketing campaign costs, the belief that major financial interests primarily determine who parties nominate and where they stand on the issues—that, in effect, Democrats and Republicans are merely the left and right wings of the "Property Party"—has been ignored by most political scientists. Offering evidence ranging from the nineteenth century to the 1994 mid-term elections, Golden Rule shows that voters are "right on the money." Thomas Ferguson breaks completely with traditional voter centered accounts of party politics. In its place he outlines an "investment approach," in which powerful investors, not unorganized voters, dominate campaigns and elections. Because businesses "invest" in political parties and their candidates, changes in industrial structures—between large firms and sectors—can alter the agenda of party politics and the shape of public policy. Golden Rule presents revised versions of widely read essays in which Ferguson advanced and tested his theory, including his seminal study of the role played by capital intensive multinationals and international financiers in the New Deal. The chapter "Studies in Money Driven Politics" brings this aspect of American politics into better focus, along with other studies of Federal Reserve policy making and campaign finance in the 1936 election. Ferguson analyzes how a changing world economy and other social developments broke up the New Deal system in our own time, through careful studies of the 1988 and 1992 elections. The essay on 1992 contains an extended analysis of the emergence of the Clinton coalition and Ross Perot's dramatic independent insurgency. A postscript on the 1994 elections demonstrates the controlling impact of money on several key campaigns. This controversial work by a theorist of money and politics in the U.S. relates to issues in campaign finance reform, PACs, policymaking, public financing, and how today's elections work.

Joan Robinson and Modern Economic Theory

Joan Robinson and Modern Economic Theory PDF Author: George R. Feiwel
Publisher: Springer
ISBN: 1349086339
Category : Business & Economics
Languages : en
Pages : 985

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Book Description
This and its companion volume, "The Economics of Imperfect Competition and Employment", are about Joan Robinson, her impact on modern economics, her challenges and critiques and the advances made in the science and art of economics.

Competition for Capital

Competition for Capital PDF Author: Stefan Sinn
Publisher:
ISBN:
Category : Capital market
Languages : en
Pages : 116

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Foreign Direct Investment and Tax Competition

Foreign Direct Investment and Tax Competition PDF Author: John H. Mutti
Publisher: Peterson Institute
ISBN: 9780881323528
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
Addresses the nature and extent of the international mobility of foreign direct investment and how tax competition is affecting the structure of national tax systems, and how efforts at international coordination of tax policy will affect such changes.