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Author: Margaret Atwood
Publisher: House of Anansi
ISBN: 0887848001
Category : Political Science
Languages : en
Pages : 242
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Book Description
Explores debt as a central historical component of religion, literature, and societal structure, while examining the idea of humanity's debt to the natural world.
Author: Margaret Atwood
Publisher: House of Anansi
ISBN: 0887848001
Category : Political Science
Languages : en
Pages : 242
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Book Description
Explores debt as a central historical component of religion, literature, and societal structure, while examining the idea of humanity's debt to the natural world.
Author: Dinny McMahon
Publisher: HarperCollins
ISBN: 1328846024
Category : Business & Economics
Languages : en
Pages : 285
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Book Description
A stunning inside look at how and why the foundations upon which China has built the world’s second largest economy, have started to crumble. Over the course of a decade spent reporting in China as a financial journalist, Dinny McMahon came to the conclusion that the widely held belief in China’s inevitable economic ascent is dangerously wrong. In this unprecedented deep dive, McMahon shows how, lurking behind the illusion of prosperity, China’s economic growth has been built on a staggering mountain of debt. While stories of newly built but empty cities, white elephant state projects, and a byzantine shadow banking system have all become a regular fixture in the press, McMahon goes beyond the headlines to explain how such waste has been allowed to flourish, and why one of the most powerful governments in the world has been at a loss to stop it. Through the stories of ordinary Chinese citizens, McMahon tries to make sense of the unique—and often bizarre—mechanics of the nation’s economy, whether it be the state’s addiction to appropriating land from poor farmers; or why a Chinese entrepreneur decided it was cheaper to move his yarn factory to South Carolina; or why ambitious Chinese mayors build ghost cities; or why the Chinese bureaucracy was able to stare down Beijing’s attempts to break up the state’s pointless monopoly over table salt distribution. Debt, entrenched vested interests, a frenzy of speculation, and an aging population are all pushing China toward an economic reckoning. China’s Great Wall of Debt unravels an incredibly complex and opaque economy, one whose fortunes—for better or worse—will shape the globe like never before.
Author: Pete Daniel
Publisher: University of Illinois Press
ISBN: 9780252061462
Category : Business & Economics
Languages : en
Pages : 218
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Book Description
Whether peonage in the South grew out of slavery, a natural and perhaps unavoidable interlude between bondage and freedom, or whether employers distorted laws and customs to create debt servitude, most Southerners quietly accepted peonage. To the employer it was a way to control laborers; to the peon it was a bewildering system that could not be escaped without risk of imprisonment, beating, or death. Pete Daniel's book is about this largely ignored form of twentieth-century slavery. It is in part "the record of an American failure, the inability of federal, state, and local law-enforcement officers to end peonage." In a series of case studies and histories, Daniel re-creates the neglected and frightening world of peonage, demanding, "If a form of slavery yet exists in the United States, as so much evidence suggests, then the relevant questions are why, and by whose irresponsibility?" Peonage grew out of labor settlements following emancipation, when employers forbade croppers to leave plantations because of debt (often less than $30). At the turn of the century the federal government acknowledged that the "labyrinth of local customs and laws" binding men in debt was peonage. They outlawed debt servitude and slowly moved against it, but with no large success. Disappearing witnesses and acquitted employers characterized the cases that did go to court. Daniel holds that peonage persists for many reasons: the corruption and apathy of law-enforcement, racist traditions in the South, and the impotence of the Justice Department in prosecuting this violation of federal law. He draws extensively on complaints and trial transcripts from the peonage records of the Justice Department.
Author: Ali Winters
Publisher: Rising Flame Press
ISBN:
Category : Fiction
Languages : en
Pages : 259
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Book Description
It is a truth universally acknowledged that a single Vampire in possession of a good fortune, must be in want of a mortal snack. Dracula & Beauty and the Beast, meet Pride and Prejudice in THE VAMPIRE DEBT, a new adult, gothic fantasy paranormal, slow burn, romance. His kiss could mean her undoing. Every year the vampire court visits human cities for the Claiming. And any human claimed will live a half-life as a food source to one of those demon-cursed monsters. Vampires tore her life apart thirteen years ago. Since then, her father’s squandering has cast them into financial ruin, forcing Clara to steal, cheat, and kill to survive. Now, her father’s debts will cost Clara her life. To settle her father’s debts, she finds herself under the guardianship of the unearthly handsome Lord, Alaric Devereaux. Not only is he a vampire—he knows what she did, and he’s determined to make her pay for the crime. She refuses to sit idly by and wait for death, provoking Alaric at every turn… Until he offers her a deal: Use his dagger to draw a single drop of his blood and she will win her freedom. But for every failed attempt, she must pay with a kiss. His kisses are more deadly than a blade’s edge. Each one threatens to change everything she’s ever believed while slowly ensnaring her heart. Outmatched and unable to win, her only options are to run or risk losing herself to him completely. But Alaric doesn’t plan to let her escape so easily. Fans of Tricia Levenseller's The Shadows Between Us, Shelby Mahurin's Serpent and Dove, and Holly Black's The Cruel Prince, will love THE VAMPIRE DEBT. * Books 1-4 end in cliffhangers * Enemies to lovers * Slow burn romance * Fantasy world inspired by many different locations and time periods * Massively flawed characters * The Vampire Debt will have 5 books in the main series *
Author: Andrew Sheng
Publisher: John Wiley & Sons
ISBN: 1119266343
Category : Business & Economics
Languages : en
Pages : 186
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Book Description
An authoritative guide to the rise of Chinese shadow banking and its systemic implications Shadow Banking in China examines this rapidly growing sector in the Chinese economy, and what it means for your investments. Written by two world-class experts in Chinese banking, including the Chief Advisor to the China Banking Regulatory Commission and former Chairman of the Securities and Futures Commission in Hong Kong, this book is unique in providing true, first-hand perspectives from authorities within the world's largest economy. There is little widely-available information on China's shadow banking developments, and much of it is rife with disparate data, inaccuracies and overblown risks due to definitional and measurement differences. This book clears the confusion by supplying accurate information, on-the-ground context and invaluable national balance sheet analysis you won't find anywhere else. Shadow banking has grown to be a key source of credit in China, and a major component of the economy. This book serves as a primer for analysts and investors seeking real, useful information about the sector to better inform investment decisions. Discover what's driving the growth of shadow banking in China Learn the truth about both real and inflated risks Dig into popular rhetoric and clarify common misconceptions Access valuable data previously not published in English Despite shadow banking's critical influence on the Chinese economy, there have been very few official studies and even fewer books written on the subject. Understanding China's present-day economy and forecasting its future requires an in-depth understanding of shadow banking and its inter-relationship with the banking system and other sectors. Shadow Banking in China provides authoritative reference that will prove valuable to anyone with financial interests in China.
Author: William Ray
Publisher:
ISBN:
Category :
Languages : en
Pages : 256
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Book Description
Glynn Sorley is sheriff of Keat's Field, a tiny settlement in an otherwise lawless frontier. With the discovery of diamonds, her town is flooded with fortune-hunters looking to strike it rich. It's also a target for competing colonial powers, savage goblin tribes, and outlaws. A rustler on the run from the law stumbles across his father's mysterious legacy - a weapon of immense magical power. He uses it to ravage across the territory as the notorious outlaw Gentleman Jim. But the weapon's power comes at a terrible cost, and Keat's Field may just have to pay the price... This third Tale of the Verin Empire returns us to the world of Gedlund and The Great Restoration. It explores a frontier trapped between competing nations, where goblins reign and a lone sheriff fights to keep the peace. Drawing inspiration from L'Amour, Tolkien, and our own late 19th century, Shadow Debt continues William Ray's bold, critically acclaimed reinvention of classic fantasy in a world of memorable characters and unique perspectives, and features sketches from acclaimed illustrator Tom Parker.
Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403
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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.
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: Adair Turner
Publisher: Princeton University Press
ISBN: 0691175985
Category : Business & Economics
Languages : en
Pages : 330
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Book Description
Why our addiction to debt caused the global financial crisis and is the root of our financial woes Adair Turner became chairman of Britain's Financial Services Authority just as the global financial crisis struck in 2008, and he played a leading role in redesigning global financial regulation. In this eye-opening book, he sets the record straight about what really caused the crisis. It didn’t happen because banks are too big to fail—our addiction to private debt is to blame. Between Debt and the Devil challenges the belief that we need credit growth to fuel economic growth, and that rising debt is okay as long as inflation remains low. In fact, most credit is not needed for economic growth—but it drives real estate booms and busts and leads to financial crisis and depression. Turner explains why public policy needs to manage the growth and allocation of credit creation, and why debt needs to be taxed as a form of economic pollution. Banks need far more capital, real estate lending must be restricted, and we need to tackle inequality and mitigate the relentless rise of real estate prices. Turner also debunks the big myth about fiat money—the erroneous notion that printing money will lead to harmful inflation. To escape the mess created by past policy errors, we sometimes need to monetize government debt and finance fiscal deficits with central-bank money. Between Debt and the Devil shows why we need to reject the assumptions that private credit is essential to growth and fiat money is inevitably dangerous. Each has its advantages, and each creates risks that public policy must consciously balance.
Author: Franziska Ohnsorge
Publisher: World Bank Publications
ISBN: 1464817545
Category : Business & Economics
Languages : en
Pages : 397
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Book Description
A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.
