Financial Revolution, rapid financial development. Would scientific authority mitigate premature praise?

Financial Revolution, rapid financial development. Would scientific authority mitigate premature praise? PDF Author: Stanko Radmilovic
Publisher: GRIN Verlag
ISBN: 3656591555
Category : Business & Economics
Languages : en
Pages : 7

Get Book Here

Book Description
Scientific Study from the year 2013 in the subject Economics - Macro-economics, general, University of Novi Sad, course: Economics, language: English, abstract: There is almost no dispute about that in the past few decades there has been great, "dramatic", "fundamental", "revolutionary" changes in the world of finance, which many authors call the "new" financial "revolution". These changes have led to the modern financial world changed drastically, that is unrecognizably different from the one of the only 30 days - 50 years. Increasingly, we meet the term "financial world". It is used as a synonym for Finance to refer to the fact that they gained greater individuality than they had before, when they been encompassed, too, eith the colloquial notion of "world money". However, the notion "World Money" and "World Finance", althoughi closely, not identical. But neither quite different: the world of money and financial world can be said to have been part of the same, but also that each of them is different (narrower and / or wider) than the other. Compiled term "World Money and Finance" is comprehensive, but it is enough pleonastic and thus not absolutely accurate.

Financial Revolution, rapid financial development. Would scientific authority mitigate premature praise?

Financial Revolution, rapid financial development. Would scientific authority mitigate premature praise? PDF Author: Stanko Radmilovic
Publisher: GRIN Verlag
ISBN: 3656591555
Category : Business & Economics
Languages : en
Pages : 7

Get Book Here

Book Description
Scientific Study from the year 2013 in the subject Economics - Macro-economics, general, University of Novi Sad, course: Economics, language: English, abstract: There is almost no dispute about that in the past few decades there has been great, "dramatic", "fundamental", "revolutionary" changes in the world of finance, which many authors call the "new" financial "revolution". These changes have led to the modern financial world changed drastically, that is unrecognizably different from the one of the only 30 days - 50 years. Increasingly, we meet the term "financial world". It is used as a synonym for Finance to refer to the fact that they gained greater individuality than they had before, when they been encompassed, too, eith the colloquial notion of "world money". However, the notion "World Money" and "World Finance", althoughi closely, not identical. But neither quite different: the world of money and financial world can be said to have been part of the same, but also that each of them is different (narrower and / or wider) than the other. Compiled term "World Money and Finance" is comprehensive, but it is enough pleonastic and thus not absolutely accurate.

Global Waves of Debt

Global Waves of Debt PDF Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403

Get Book Here

Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

The Financial Crisis Inquiry Report

The Financial Crisis Inquiry Report PDF Author: Financial Crisis Inquiry Commission
Publisher: Cosimo, Inc.
ISBN: 1616405414
Category : Political Science
Languages : en
Pages : 692

Get Book Here

Book Description
The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.

Science, the Endless Frontier

Science, the Endless Frontier PDF Author: Vannevar Bush
Publisher: Princeton University Press
ISBN: 069120165X
Category : Science
Languages : en
Pages : 186

Get Book Here

Book Description
The classic case for why government must support science—with a new essay by physicist and former congressman Rush Holt on what democracy needs from science today Science, the Endless Frontier is recognized as the landmark argument for the essential role of science in society and government’s responsibility to support scientific endeavors. First issued when Vannevar Bush was the director of the US Office of Scientific Research and Development during the Second World War, this classic remains vital in making the case that scientific progress is necessary to a nation’s health, security, and prosperity. Bush’s vision set the course for US science policy for more than half a century, building the world’s most productive scientific enterprise. Today, amid a changing funding landscape and challenges to science’s very credibility, Science, the Endless Frontier resonates as a powerful reminder that scientific progress and public well-being alike depend on the successful symbiosis between science and government. This timely new edition presents this iconic text alongside a new companion essay from scientist and former congressman Rush Holt, who offers a brief introduction and consideration of what society needs most from science now. Reflecting on the report’s legacy and relevance along with its limitations, Holt contends that the public’s ability to cope with today’s issues—such as public health, the changing climate and environment, and challenging technologies in modern society—requires a more capacious understanding of what science can contribute. Holt considers how scientists should think of their obligation to society and what the public should demand from science, and he calls for a renewed understanding of science’s value for democracy and society at large. A touchstone for concerned citizens, scientists, and policymakers, Science, the Endless Frontier endures as a passionate articulation of the power and potential of science.

Laudato Si

Laudato Si PDF Author: Pope Francis
Publisher: Our Sunday Visitor
ISBN: 1612783872
Category : Religion
Languages : en
Pages : 119

Get Book Here

Book Description
“In the heart of this world, the Lord of life, who loves us so much, is always present. He does not abandon us, he does not leave us alone, for he has united himself definitively to our earth, and his love constantly impels us to find new ways forward. Praise be to him!” – Pope Francis, Laudato Si’ In his second encyclical, Laudato Si’: On the Care of Our Common Home, Pope Francis draws all Christians into a dialogue with every person on the planet about our common home. We as human beings are united by the concern for our planet, and every living thing that dwells on it, especially the poorest and most vulnerable. Pope Francis’ letter joins the body of the Church’s social and moral teaching, draws on the best scientific research, providing the foundation for “the ethical and spiritual itinerary that follows.” Laudato Si’ outlines: The current state of our “common home” The Gospel message as seen through creation The human causes of the ecological crisis Ecology and the common good Pope Francis’ call to action for each of us Our Sunday Visitor has included discussion questions, making it perfect for individual or group study, leading all Catholics and Christians into a deeper understanding of the importance of this teaching.

Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization

Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization PDF Author: Yi Wen
Publisher: World Scientific
ISBN: 9814733741
Category : Business & Economics
Languages : en
Pages : 336

Get Book Here

Book Description
The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.

Local Economic and Employment Development (LEED) Culture and Local Development

Local Economic and Employment Development (LEED) Culture and Local Development PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264009914
Category :
Languages : en
Pages : 204

Get Book Here

Book Description
This publication highlights the impact of culture on local economies and the methodological issues related to its identification.

The IMF and the Silent Revolution

The IMF and the Silent Revolution PDF Author: Mr.James M. Boughton
Publisher: International Monetary Fund
ISBN: 9781557759702
Category : Business & Economics
Languages : en
Pages : 68

Get Book Here

Book Description
This pamphlet is adapted from Chapter 1 of Silent Revolution: The International Monetary Fund, 1979-89, by the same author. That book is full of history of the evolution of the Fund during 11 years in which the institution truly came of age as a participant in the international financial system.

The Global Financial Crisis

The Global Financial Crisis PDF Author: Dick K. Nanto
Publisher: DIANE Publishing
ISBN: 1437919847
Category : Business & Economics
Languages : en
Pages : 127

Get Book Here

Book Description
Contents: (1) Recent Developments and Analysis; (2) The Global Financial Crisis and U.S. Interests: Policy; Four Phases of the Global Financial Crisis; (3) New Challenges and Policy in Managing Financial Risk; (4) Origins, Contagion, and Risk; (5) Effects on Emerging Markets: Latin America; Russia and the Financial Crisis; (6) Effects on Europe and The European Response: The ¿European Framework for Action¿; The British Rescue Plan; Collapse of Iceland¿s Banking Sector; (7) Impact on Asia and the Asian Response: Asian Reserves and Their Impact; National Responses; (8) International Policy Issues: Bretton Woods II; G-20 Meetings; The International Monetary Fund; Changes in U.S. Reg¿s. and Regulatory Structure; (9) Legislation.

The Microfinance Revolution: Sustainable finance for the poor

The Microfinance Revolution: Sustainable finance for the poor PDF Author: Marguerite S. Robinson
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 360

Get Book Here

Book Description
Microfinance is the method whereby financial services and credit is made available to the economically active but low income people of developiong countries. This book focusses on three key aspects of the phenomenon: 1) the shift from government- and donor-subsidized credit delivery systems to self-sufficient, sustainable microfinance institutions; 2) the results on the ground, on the way in which microfinance is helps people expand and diversify their enterprises, increase their incomes, raise their living standards and those of theri families, and boost their self-confidence; 3) the theroretical frameworks that had previously impeded the microfinance revolution, with suggestions for their improvement.