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Author: Jacob Alex Klerman
Publisher:
ISBN:
Category : History
Languages : en
Pages : 118
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Book Description
The U.S. Navy wants to provide its shipbuilders with appropriate incentive to produce militarily effective vessels at minimum cost to the Navy. It can induce a shipbuilder to agree to any contractual arrangement by offering the shipbuilder a high enough price. But it is likely to be preferable, at least ex ante, for the Navy to dissipate risk external to its shipbuilder to pay less for the systems the Navy needs. The Navy uses external labor- and material-cost indexes to attempt to correct for significant cost risks outside its shipbuilders? control. Shipbuilder profits are greater when actual.
Author: Jacob Alex Klerman
Publisher:
ISBN:
Category : History
Languages : en
Pages : 118
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Book Description
The U.S. Navy wants to provide its shipbuilders with appropriate incentive to produce militarily effective vessels at minimum cost to the Navy. It can induce a shipbuilder to agree to any contractual arrangement by offering the shipbuilder a high enough price. But it is likely to be preferable, at least ex ante, for the Navy to dissipate risk external to its shipbuilder to pay less for the systems the Navy needs. The Navy uses external labor- and material-cost indexes to attempt to correct for significant cost risks outside its shipbuilders? control. Shipbuilder profits are greater when actual.
Author: Elizabeth Borgwardt
Publisher: Oxford University Press
ISBN: 0190695668
Category : Biography & Autobiography
Languages : en
Pages : 513
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Book Description
A wide-ranging rethinking of the many factors that comprise the making of American Grand Strategy. What is grand strategy? What does it aim to achieve? And what differentiates it from normal strategic thought--what, in other words, makes it "grand"? In answering these questions, most scholars have focused on diplomacy and warfare, so much so that "grand strategy" has become almost an equivalent of "military history." The traditional attention paid to military affairs is understandable, but in today's world it leaves out much else that could be considered political, and therefore strategic. It is in fact possible to consider, and even reach, a more capacious understanding of grand strategy, one that still includes the battlefield and the negotiating table while expanding beyond them. Just as contemporary world politics is driven by a wide range of non-military issues, the most thorough considerations of grand strategy must consider the bases of peace and security--including gender, race, the environment, and a wide range of cultural, social, political, and economic issues. Rethinking American Grand Strategy assembles a roster of leading historians to examine America's place in the world. Its innovative chapters re-examine familiar figures, such as John Quincy Adams, George Kennan, and Henry Kissinger, while also revealing the forgotten episodes and hidden voices of American grand strategy. They expand the scope of diplomatic and military history by placing the grand strategies of public health, race, gender, humanitarianism, and the law alongside military and diplomatic affairs to reveal hidden strategists as well as strategies.
Author: Alan S. Blinder
Publisher: Russell Sage Foundation
ISBN: 1610448154
Category : Business & Economics
Languages : en
Pages : 375
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Book Description
Some economic events are so major and unsettling that they “change everything.” Such is the case with the financial crisis that started in the summer of 2007 and is still a drag on the world economy. Yet enough time has now elapsed for economists to consider questions that run deeper than the usual focus on the immediate causes and consequences of the crisis. How have these stunning events changed our thinking about the role of the financial system in the economy, about the costs and benefits of financial innovation, about the efficiency of financial markets, and about the role the government should play in regulating finance? In Rethinking the Financial Crisis, some of the nation’s most renowned economists share their assessments of particular aspects of the crisis and reconsider the way we think about the financial system and its role in the economy. In its wide-ranging inquiry into the financial crash, Rethinking the Financial Crisis marshals an impressive collection of rigorous and yet empirically-relevant research that, in some respects, upsets the conventional wisdom about the crisis and also opens up new areas for exploration. Two separate chapters–by Burton G. Malkiel and by Hersh Shefrin and Meir Statman – debate whether the facts of the financial crisis upend the efficient market hypothesis and require a more behavioral account of financial market performance. To build a better bridge between the study of finance and the “real” economy of production and employment, Simon Gilchrist and Egan Zakrasjek take an innovative measure of financial stress and embed it in a model of the U.S. economy to assess how disruptions in financial markets affect economic activity—and how the Federal Reserve might do monetary policy better. The volume also examines the crucial role of financial innovation in the evolution of the pre-crash financial system. Thomas Philippon documents the huge increase in the size of the financial services industry relative to real GDP, and also the increasing cost per financial transaction. He suggests that the finance industry of 1900 was just as able to produce loans, bonds, and stocks as its modern counterpart—and it did so more cheaply. Robert Jarrow looks in detail at some of the major types of exotic securities developed by financial engineers, such as collateralized debt obligations and credit-default swaps, reaching judgments on which make the real economy more efficient and which do not. The volume’s final section turns explicitly to regulatory matters. Robert Litan discusses the political economy of financial regulation before and after the crisis. He reviews the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, which he considers an imperfect but useful response to a major breakdown in market and regulatory discipline. At a time when the financial sector continues to be a source of considerable controversy, Rethinking the Financial Crisis addresses important questions about the complex workings of American finance and shows how the study of economics needs to change to deepen our understanding of the indispensable but risky role that the financial system plays in modern economies.
Author: Yvette Märki
Publisher: buch & netz
ISBN: 3038055085
Category : Law
Languages : en
Pages : 201
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Book Description
This work examines reserves in the recently revised Swiss Code of Obligations, which will enter into force 1 January 2023. The analysis focuses on their creation and dissolution, and distinguishes between reserves formed by the board and reserves formed by the general assembly. By focusing on an instrument in the banking sector, the reserves for general banking risks, this work investigates the general assembly’s possibility to delegate the power to form further reserves to the board of directors based on the articles of the association. This question is analyzed in the context of companies limited by shares, limited liability companies, and cooperatives. Finally, the effects of such a delegation and the consequences in a practical view of going to court are analyzed through the Federal Supreme Court’s judgment in a similar topic of delegation.
Author: Garima Jain
Publisher:
ISBN: 9781787358294
Category : City planning
Languages : en
Pages : 336
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Book Description
A study on urban risk and resettlement programs in the Global South in the era of climate change. Environmental changes impact everyone, but the burden is especially heavy upon the lives and livelihoods of the urban poor and those living in informal settlements. In an effort to reduce urban residents' exposure to climate change and natural disasters, resettlement programs are becoming widespread across the Global South. Yet, while resettlement may reduce a region's future climate-related disaster risk, it can also often increase poverty and vulnerability. This volume collates the findings from a research project that examined urban areas across the globe, including case studies from India, Uganda, Peru, Colombia, Mexico, Cambodia, and the Philippines. The book offers a unique approach to resettlement, providing an opportunity for urban planners to re-think how disaster risk management can better address the accumulation of urban risks in the era of climate change.
Author: Donald J. Robertson
Publisher: St. Martin's Press
ISBN: 1250196639
Category : Philosophy
Languages : en
Pages : 305
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Book Description
"This book is a wonderful introduction to one of history's greatest figures: Marcus Aurelius. His life and this book are a clear guide for those facing adversity, seeking tranquility and pursuing excellence." —Ryan Holiday, bestselling author of The Obstacle is the Way and The Daily Stoic The life-changing principles of Stoicism taught through the story of its most famous proponent. Roman emperor Marcus Aurelius was the last famous Stoic philosopher of the ancient world. The Meditations, his personal journal, survives to this day as one of the most loved self-help and spiritual classics of all time. In How to Think Like a Roman Emperor, cognitive psychotherapist Donald Robertson weaves the life and philosophy of Marcus Aurelius together seamlessly to provide a compelling modern-day guide to the Stoic wisdom followed by countless individuals throughout the centuries as a path to achieving greater fulfillment and emotional resilience. How to Think Like a Roman Emperor takes readers on a transformative journey along with Marcus, following his progress from a young noble at the court of Hadrian—taken under the wing of some of the finest philosophers of his day—through to his reign as emperor of Rome at the height of its power. Robertson shows how Marcus used philosophical doctrines and therapeutic practices to build emotional resilience and endure tremendous adversity, and guides readers through applying the same methods to their own lives. Combining remarkable stories from Marcus’s life with insights from modern psychology and the enduring wisdom of his philosophy, How to Think Like a Roman Emperor puts a human face on Stoicism and offers a timeless and essential guide to handling the ethical and psychological challenges we face today.
Author: Morgan Ricks
Publisher: University of Chicago Press
ISBN: 022633046X
Category : Business & Economics
Languages : en
Pages : 360
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Book Description
An “intriguing plan” addressing shadow banking, regulation, and the continuing quest for financial stability (Financial Times). Years have passed since the world experienced one of the worst financial crises in history, and while countless experts have analyzed it, many central questions remain unanswered. Should money creation be considered a “public” or “private” activity—or both? What do we mean by, and want from, financial stability? What role should regulation play? How would we design our monetary institutions if we could start from scratch? In The Money Problem, Morgan Ricks addresses these questions and more, offering a practical yet elegant blueprint for a modernized system of money and banking—one that, crucially, can be accomplished through incremental changes to the United States’ current system. He brings a critical, missing dimension to the ongoing debates over financial stability policy, arguing that the issue is primarily one of monetary system design. The Money Problem offers a way to mitigate the risk of catastrophic panic in the future, and it will expand the financial reform conversation in the United States and abroad. “Highly recommended.” —Choice
Author: Rory Pilossof
Publisher: Routledge
ISBN: 1000394956
Category : History
Languages : en
Pages : 175
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Book Description
This book explores the social and economic development of Zimbabwe, Zambia and Malawi over the course of the twentieth century. These three countries have long shared and interconnected pasts. All three were drawn into the British Empire at a similar time and the formation of the ill-fated Federation of Rhodesia and Nyasaland formally linked these countries together for a decade in the mid-twentieth century. This formal political relationship created dynamics that resulted in yet closer economic and social links. After Federation, the economic realities of industry, transport and labour supplies meant that these three countries continued to be intricately interconnected. Yet despite these connected pasts, comparative work on the economic histories of Malawi, Zambia and Zimbabwe, and how these change over time, is rare. This book addresses the gap by providing the first comprehensive collection of labour and census data across the twentieth century for these three countries. The different economic models and performances of these states offer good comparison, allowing researchers to look at different models of development, and how these played out over the long-term. The book provides data on population growth and change, industrial and occupational structure, and the various shifts in what the economically active population did. It will be useful for historians, economists, development studies scholars and non-governmental organisations working on twentieth-century and contemporary southern Africa.
Author: David A. Westbrook
Publisher: Routledge
ISBN: 1317254910
Category : Social Science
Languages : en
Pages : 176
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Book Description
Former Federal Reserve chair Greenspan recently said that the risk management paradigm is broken; thus our understanding of financial regulation no longer makes sense. More generally, the current financial crisis obliges us to rethink the relationships among "financial markets" and "governments." In Out of Crisis financial analyst David Westbrook illuminates the intellectual, business, and policy errors that have led us into the present morass. Through a vivid legal and political analysis he shows how the ideologies of the right and left have distorted financial thinking and policy. Learning from these errors, the book sketches the emergence of a new understanding of risk management and bureaucratic regulation. Out of Crisis begins the tasks of rethinking the structures that constitute financial markets and exploring how such structures may be strengthened. Taking responsibility for the markets we build to do so much of our society's work, we may yet become mature capitalists.
Author: David John Hall
Publisher: McGill-Queen's Press - MQUP
ISBN: 0773545948
Category : History
Languages : en
Pages : 501
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Book Description
How divergent understandings of treaties contributed to a heritage of distrust.
