Boom, Bust, Boom

Boom, Bust, Boom PDF Author: Bill Carter
Publisher: Simon and Schuster
ISBN: 1439136580
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
A sweeping account of civilization's dependence on copper traces the industry's history, culture and economics while exploring such topics as the dangers posed to communities living near mines, its ubiquitous use in electronics and the activities of the London Metal Exchange. By the author of Fools Rush In. 30,000 first printing.

Boom, Bust, Boom

Boom, Bust, Boom PDF Author: Bill Carter
Publisher: Simon and Schuster
ISBN: 1439136580
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
A sweeping account of civilization's dependence on copper traces the industry's history, culture and economics while exploring such topics as the dangers posed to communities living near mines, its ubiquitous use in electronics and the activities of the London Metal Exchange. By the author of Fools Rush In. 30,000 first printing.

Boom and Bust

Boom and Bust PDF Author: William Quinn
Publisher: Cambridge University Press
ISBN: 1108369359
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s. As they do so, they help us understand why bubbles happen, and why some have catastrophic economic, social and political consequences whilst others have actually benefited society. They reveal that bubbles start when investors and speculators react to new technology or political initiatives, showing that our ability to predict future bubbles will ultimately come down to being able to predict these sparks.

Boom, Bust, Exodus

Boom, Bust, Exodus PDF Author: Chad Broughton
Publisher: Oxford University Press
ISBN: 0190608862
Category : Business & Economics
Languages : en
Pages : 425

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Book Description
In 2002, the town of Galesburg, a slowly declining Rustbelt city of 33,000 in western Illinois, learned that it would soon lose its largest factory, a Maytag refrigerator plant that had anchored Galesburg's social and economic life for decades. Workers at the plant earned $15.14 an hour, hadgood insurance, and were assured a solid retirement. In 2004, the plant was relocated to Reynosa, Mexico, where workers sometimes spent 13-hour days assembling refrigerators for $1.10 an hour.In Boom, Bust, Exodus, Chad Broughton offers a ground-level look at the rapid transition to a globalized economy, from the perspective of those whose lives it has most deeply affected. We live in a commoditized world, increasingly divorced from the origins of the goods we consume; it is easy toignore who is manufacturing our smart phones and hybrid cars; and where they come from no longer seems to matter. And yet, Broughton shows, the who and where matter deeply, and in this book he puts human faces to the relentless cycle of global manufacturing.It is a tale of two cities. In Galesburg, where parts of the empty Maytag factory still stand, a hollowed out version of the American dream, the economy is a shadow of what it once was. Reynosa, in contrast, has become one of the exploding post-NAFTA "second-tier cities" of the developing world,thanks to the influx of foreign-owned, export-oriented maquiladoras - an industrial promised land throbbing with the energy of commerce, legal and illegal. And yet even these distinctions, Broughton shows, cannot be finely drawn: families in Reynosa also struggle to get by, and the city is beset byviolence and a ruthless drug war. Those left behind in the post-Industrial decline of Galesburg, meanwhile, do not see themselves as helpless victims: they have gone back to school, pursued new careers, and learned to adapt and even thrive.In an era of growing inequality and a downsized middle class, Boom, Bust, Exodus gives us the voices of those who have borne the heaviest burdens of the economic upheavals of the past three decades. A deeply personal work grounded in solid scholarship, this important, immersive, and affecting bookbrings home the price and the cost of globalization.

The Housing Boom and Bust

The Housing Boom and Bust PDF Author: Thomas Sowell
Publisher: Basic Books (AZ)
ISBN: 0465018807
Category : Business & Economics
Languages : en
Pages : 194

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Book Description
Explains how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages and "creative" marketing of financial securities based on these mortgages to countries around the world, are part of the story of how a financial house of cards was built up--and then collapsed.

Boom-bust Cycles and Financial Liberalization

Boom-bust Cycles and Financial Liberalization PDF Author: Aaron Tornell
Publisher: MIT Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 206

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Book Description
Analysis and evidence of how the factors that give rise to boom-bust cycles in fast-growing developing economies also enhance long-run growth. The volatility that has hit many middle-income countries (MICs) after liberalizing their financial markets has prompted critics to call for new policies to stabilize these boom-bust cycles. But, as Aaron Tornell and Frank Westermann point out in this book, over the last two decades most of the developing countries that have experienced lending booms and busts have also exhibited the fastest growth among MICs. Countries with more stable credit growth, by contrast, have exhibited, on average, lower growth rates. Factors that contribute to financial fragility thus appear, paradoxically, to be a source of long-run growth as well. Tornell and Westermann analyze boom-bust cycles in the developing world and discuss how these cycles are generated by credit market imperfections. They explain why the financial liberalization that allows countries to overcome imperfections impeding rapid growth also generates the financial fragility that leads to greater volatility and occasional crises. The conceptual framework they present illustrates this linkage and allows Tornell and Westermann to address normative questions regarding liberalization policies.The authors also characterize key macroeconomic regularities observed across MICs, showing that credit markets play a key role not only in boom-bust episodes but in the strong "credit channel" observed during tranquil times. A theoretical framework is then presented that explains how credit market imperfections can account for these empirical patterns. Finally, Tornell and Westermann provide microeconomic evidence on the credit market imperfections that drive the results of the theoretical framework, finding that asymmetries between tradables and nontradables are key to understanding the patterns in MIC data.

Boom and Bust Banking

Boom and Bust Banking PDF Author: David M. Beckworth
Publisher:
ISBN: 9781598130768
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Exploring the forceful renewal of the boom-and-bust cycle after several decades of economic stability, this book is a research-based review of the factors that caused the 2008 recession. It offers cutting-edge diagnoses of the recession and prescriptions on how to boost the economy from leading economists. The book concentrates on the Federal Reserve and its leading role in creating the economic boom and recession of the 2000s. Aimed at professional economists and readers well versed in the basic workings of the economy, it includes innovative proposals on how to avoid future boom-and-bust cycles.

Boom, Bust, Boom

Boom, Bust, Boom PDF Author: Bill Carter
Publisher: Simon and Schuster
ISBN: 1439136440
Category : Business & Economics
Languages : en
Pages : 280

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Book Description
From “a first-rate writer in the fascinating tradition of Junger and Krakauer” (Jim Harrison, author of Legends of the Fall), a sweeping account of civilization’s complete dependence on copper and what it all means for people, nature, and the global economy. A SWEEPING ACCOUNT OF CIVILIZATION’S COMPLETE DEPENDENCE ON COPPER AND WHAT IT MEANS FOR PEOPLE, NATURE, AND OUR GLOBAL ECONOMY COPPER is a miraculous and contradictory metal, essential to nearly every human enterprise. For most of recorded history, this remarkably pliable and sturdy substance has proven invaluable: not only did the ancient Romans build their empire on mining copper but Christopher Columbus protected his ships from rot by lining their hulls with it. Today, the metal can be found in every house, car, airplane, cell phone, computer, and home appliance the world over, including in all the new, so-called green technologies. Yet the history of copper extraction and our present relationship with the metal are fraught with profound difficulties. Copper mining causes irrevocable damage to the Earth, releasing arsenic, cyanide, sulfuric acid, and other deadly pollutants into the air and water. And the mines themselves have significant effects on the economies and wellbeing of the communities where they are located. With Red Summer and Fools Rush In, Bill Carter has earned a reputation as an on-the-ground journalist adept at connecting the local elements of a story to its largest consequences. Carter does this again—and brilliantly—in Boom, Bust, Boom, exploring in an entertaining and fact-rich narrative the very human dimension of copper extraction and the colossal implications the industry has for every one of us. Starting in his own backyard in the old mining town of Bisbee, Arizona—where he discovers that the dirt in his garden contains double the acceptable level of arsenic—Bill Carter follows the story of copper to the controversial Grasberg copper mine in Indonesia; to the “ring” at the London Metal Exchange, where a select group of traders buy and sell enormous amounts of the metal; and to an Alaskan salmon run threatened by mining. Boom, Bust, Boom is a highly readable account—part social history, part mining-town exploration, and part environmental investigation. Page by page, Carter blends the personal and the international in a narrative that helps us understand the paradoxical relationship we have with a substance whose necessity to civilization costs the environment and the people who mine it dearly. The result is a work of first-rate journalism that fascinates on every level.

Boom and Bust

Boom and Bust PDF Author: Thomas Schatz
Publisher: Univ of California Press
ISBN: 9780520221307
Category : Business & Economics
Languages : en
Pages : 596

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Book Description
On the history of motion pictures

Boom Bust

Boom Bust PDF Author: Fred Harrison
Publisher:
ISBN:
Category :
Languages : en
Pages : 361

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Book Description
The need to re-explore the ideas of Henry George today are only too apparent to anyone who has been reading the headlines over the past year or so. Fred Harrison, one of the few people to warn of the impending crisis, argues here that, though eliminating the damaging swings of the business cycle has been the dream of finance ministers for the last sixty years, they have failed and will continue to fail because they ignore the importance of land in a market economy. . The book suggests that taxes on income should be abolished and replaced with a land tax, as this prevents speculation on the eas.

Republic of Uzbekistan

Republic of Uzbekistan PDF Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1498314449
Category : Business & Economics
Languages : en
Pages : 94

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Book Description
This 2019 Article IV Consultation highlights that given its bulging working-age population, creating more and better jobs is the country’s overarching priority. Uzbekistan has already implemented a first wave of important economic reforms, including foreign exchange liberalization, tax reform, and a major upgrade in statistics. Faced with a vast structural reform agenda, the authorities want to prioritize reforms that address the economy’s most damaging distortions first. The main short-term macroeconomic stability challenge is to prevent a credit boom that could generate excessive external deficits and aggravate inflation pressures. A tight monetary stance and moderate fiscal deficits need to be maintained to support macroeconomic stability. Credit growth will need to slow significantly to assure the economy’s external and internal balance. The sustainable development goals are anchoring the country’s inclusive growth agenda, especially on education, health, public infrastructure, and financial inclusion. Moreover, the authorities are redesigning labor policies from scratch to help unskilled and other disadvantaged workers find more and better jobs.