Download or read book Trade Credit and Bank Credit written by Inessa Love and published by World Bank Publications. This book was released on 2005 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The authors study the effect of financial crises on trade credit in a sample of 890 firms in six emerging economies. They find that although provision of trade credit increases right after the crisis, it consequently collapses in the following months and years. The authors observe that firms with weaker financial position (for example, high pre-crisis level of short-term debt and low cash stocks and cash flows) are more likely to reduce trade credit provided to their customers. This suggests that the decline in aggregate credit provision is driven by the reduction in the supply of trade credit, which follows the bank credit crunch. The results are consistent with the "redistribution view" of trade credit provision, in which bank credit is redistributed by way of trade credit by the firms with stronger financial position to the firms with weaker financial stand "--World Bank web site.

Download or read book Toward a New International Financial Architecture written by Barry J. Eichengreen and published by Peterson Institute for International Economics. This book was released on 1999 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recoge: 1. Introduction-2. Summary of recommendations-3. Standars for crisis prevention-4. Banks and capital flows-5. Bailing in the private sector-6. What won't work-7. What the IMF should do (and what we should do about the IMF).

Download or read book Organizational Behavior written by Don Hellriegel and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizational Behavior is designed to help students, professionals, and managers develop the competencies and skills that are needed to effectively contribute to an organization. This proven text's strengths lie in its classic research, coverage of contemporary and emerging OB topics, and excellent case selection. Throughout the text, seven core competencies-Managing Self, Managing Diversity, Managing Ethics, Managing Across Cultures, Managing Teams, Managing Communications, and Managing Change-are emphasized and illustrated for the student.

Download or read book The Resilience of the Spanish Monarchy 1665 1700 written by Christopher Storrs and published by Oxford University Press, USA. This book was released on 2006-10-19 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Christopher Storrs presents an analysis of why Spain and its empire survived during the reign of the last Spainish Hapsburg. He argues it was not wholly due to the aid of allies but also because the state and society were clearly committed to the retention of empire.

Download or read book Patrons Partisans and Palace Intrigues written by Christoph Rosenmüller and published by University of Calgary Press. This book was released on 2008 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Palace intrigues and clientelism drove politics at the viceregal court of colonial Mexico. By carefully reconstructing social networks in the court of Viceroy Duke of Alburquerque (1702-1710), Christoph Rosenm ller reveals that the Duke presided over one of the most corrupt viceregal terms in Mexican history. Alburquerque was appointed by Spain's King Philip V at a time when expanding state power was beginning to meet with opposition in colonial Mexico. The Duke and his retainers, though seemingly working for the crown, actually built close alliances with locals to thwart the reform efforts emanating from Spain. Alburquerque collaborated with contraband traders and opposed the secularization of Indian parishes. He persecuted several local craftsmen and merchants, some of whom died after languishing in jail, accusing them of treason to bolster his own credentials as a loyal official. In the end, however, the dominant clique at the royal court in Madrid sought revenge. Alburquerque was forced to pay an unheard-of indemnity of 700,000 silver pesos to regain the king's favour. Dealing with a topic and period largely ignored by historiography, Rosenm ller exposes the vast patronage power of the viceroy at the historical watershed between the expiring Habsburg dynasty and the incoming Bourbon rulers. His analysis reveals that precursors of the Bourbon reforms and the struggle for Mexican independence were already at play in the early eighteenth century.

Download or read book Wired for Innovation written by Erik Brynjolfsson and published by MIT Press. This book was released on 2013-02-08 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two experts on the information economy explore the true economic value of technology and innovation. A wave of business innovation is driving the productivity resurgence in the U.S. economy. In Wired for Innovation, Erik Brynjolfsson and Adam Saunders describe how information technology directly or indirectly created this productivity explosion, reversing decades of slow growth. They argue that the companies with the highest level of returns to their technology investment are doing more than just buying technology; they are inventing new forms of organizational capital to become digital organizations. These innovations include a cluster of organizational and business-process changes, including broader sharing of information, decentralized decision-making, linking pay and promotions to performance, pruning of non-core products and processes, and greater investments in training and education. Innovation continues through booms and busts. This book provides an essential guide for policy makers and economists who need to understand how information technology is transforming the economy and how it will create value in the coming decade.

Download or read book Expecting Pears from an Elm Tree written by Erick D. Langer and published by Duke University Press. This book was released on 2009-08-19 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Missions played a vital role in frontier development in Latin America throughout the nineteenth and twentieth centuries. They were key to the penetration of national societies into the regions and indigenous lands that the nascent republics claimed as their jurisdictions. In Expecting Pears from an Elm Tree, Erick D. Langer examines one of the most important Catholic mission systems in republican-era Latin America, the Franciscan missions among the Chiriguano Indians in southeastern Bolivia. Using that mission system as a model for understanding the relationship between indigenous peoples and missionaries in the post-independence period, Langer explains how the missions changed over their lifespan and how power shifted between indigenous leaders and the missionaries in an ongoing process of negotiation. Expecting Pears from an Elm Tree is based on twenty years of research, including visits to the sites of nearly every mission discussed and interviews with descendants of mission Indians, Indian chiefs, Franciscan friars, mestizo settlers, and teachers. Langer chronicles how, beginning in the 1840s, the establishment of missions fundamentally changed the relationship between the Chiriguano villages and national society. He looks at the Franciscan missionaries’ motives, their visions of ideal missions, and the realities they faced. He also examines mission life from the Chiriguano point of view, considering their reasons for joining missions and their resistance to conversion, as well as the interrelated issues of Indian acculturation and the development of the mission economy, particularly in light of the relatively high rates of Indian mortality and outmigration. Expanding his focus, Langer delves into the complex interplay of Indians, missionaries, frontier society, and the national government until the last remaining missions were secularized in 1949. He concludes with a comparative analysis between colonial and republican-era missions throughout Latin America.

Download or read book Capital Account Liberalization and Inequality written by Davide Furceri and published by International Monetary Fund. This book was released on 2015-11-24 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the distributional impact of capital account liberalization. Using panel data for 149 countries from 1970 to 2010, we find that, on average, capital account liberalization reforms increase inequality and reduce the labor share of income in the short and medium term. We also find that the level of financial development and the occurrence of crises play a key role in shaping the response of inequality to capital account liberalization reforms.

Download or read book Indian Conquistadors written by Laura E. Matthew and published by University of Oklahoma Press. This book was released on 2014-02-13 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: The conquest of the New World would hardly have been possible if the invading Spaniards had not allied themselves with the indigenous population. This book takes into account the role of native peoples as active agents in the Conquest through a review of new sources and more careful analysis of known but under-studied materials that demonstrate the overwhelming importance of native allies in both conquest and colonial control. In Indian Conquistadors, leading scholars offer the most comprehensive look to date at native participation in the conquest of Mesoamerica. The contributors examine pictorial, archaeological, and documentary evidence spanning three centuries, including little-known eyewitness accounts from both Spanish and native documents, paintings (lienzos) and maps (mapas) from the colonial period, and a new assessment of imperialism in the region before the Spanish arrival. This new research shows that the Tlaxcalans, the most famous allies of the Spanish, were far from alone. Not only did native lords throughout Mesoamerica supply arms, troops, and tactical guidance, but tens of thousands of warriors—Nahuas, Mixtecs, Zapotecs, Mayas, and others—spread throughout the region to participate with the Spanish in a common cause. By offering a more balanced account of this dramatic period, this book calls into question traditional narratives that emphasize indigenous peoples’ roles as auxiliaries rather than as conquistadors in their own right. Enhanced with twelve maps and more than forty illustrations, Indian Conquistadors opens a vital new line of research and challenges our understanding of this important era.

Download or read book War and Prices in Spain 1651 1800 written by Earl Jefferson Hamilton and published by . This book was released on 1969 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Macroeconomics of Finance dominated Capitalism and Its Crisis written by Eckhard Hein and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'The rise to dominance of finance in the past three decades has had many profound effects on economic performance. In this book Eckhard Hein provides us with detailed, well-grounded and highly insightful analyses of the macroeconomic impacts on investment, employment, global imbalances, income distribution and much more. This is "must read" for those wanting to comprehend the macroeconomics of the era of financialization, and for those seeking macro-economic policies to address the financial crisis and bring economic prosperity.' – Malcolm Sawyer, University of Leeds, UK 'Eckhard Hein examines the causes and consequences of financialisation. His book is economics as it should always be: it combines reflections, data gathering, empirical analysis, theoretical formalization, and policy recommendations. Hein goes beyond the exuberant behaviour of the banking industry to analyse the global financial crisis and the eurozone crisis, showing, through various variants of a Kaleckian growth model, the macroeconomic consequences of the rising dominance of finance over modern capitalism during the last three decades.' – Marc Lavoie, University of Ottawa, Canada In this timely and thought-provoking book, Eckhard Hein illustrates that the Great Recession, which hit the world economy in 2008/09, is rooted in the contradictions of finance-dominated capitalism. the author provides an in-depth exploration of the macroeconomics of finance-dominated capitalism, its problems and its crisis, and presents economic policy lessons and alternatives. In particular, he shows that since the early 1980s, finance-dominated capitalism has affected long-run economic developments via three distinct channels: • the re-distribution of income at the expense of low labour incomes, • the dampening of investment in real capital stock, • and an increasing potential for wealth-based and debt-financed consumption. the author concludes that against the background of these basic macroeconomic tendencies, increasing instability potentials at the national economy levels and rising current account imbalances at both global and European levels have developed and have contributed to the severity of the Great Recession. This systematic study of finance-dominated capitalism presented from a macroeconomic perspective will prove a thought-provoking read for academics, researchers, graduate students and economic policy consultants with an interest in macroeconomics, financial economics, economic policies, and distribution and growth.

Download or read book The Future of Money written by OECD and published by OECD Publishing. This book was released on 2002-05-17 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the ages physical money in the form of objects, coins and notes has increasingly been replaced by more abstract means of payment such as bills of exchange, cheques and credit cards. This book shows that in the years to come that trend to virtual money will continue apace.

Download or read book Outsourcing Economics written by William Milberg and published by Cambridge University Press. This book was released on 2013-04-29 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Outsourcing Economics has a double meaning. First, it is a book about the economics of outsourcing. Second, it examines the way that economists have understood globalization as a pure market phenomenon, and as a result have 'outsourced' the explanation of world economic forces to other disciplines. Markets are embedded in a set of institutions - labor, government, corporate, civil society, and household - that mold the power asymmetries that influence the distribution of the gains from globalization. In this book, William Milberg and Deborah Winkler propose an institutional theory of trade and development starting with the growth of global value chains - international networks of production that have restructured the global economy and its governance over the past twenty-five years. They find that offshoring leads to greater economic insecurity in industrialized countries that lack institutions supporting workers. They also find that offshoring allows firms to reduce domestic investment and focus on finance and short-run stock movements.

Download or read book Status and Perspectives of Hydrology in Small Basins written by Andreas Herrmann and published by . This book was released on 2010 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Money and Capital in Economic Development written by Ronald I. McKinnon and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This books presents a theory of economic development very different from the "stages of growth" hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author breaks new ground by focusing on the use of domestic capital markets to stimulate economic performance. He suggests a "bootstrap" approach in which successful development would depend largely on policy choices made by national authorities in the developing countries themselves. Central to his theory is the freeing of domestic financial markets to allow interest rates to reflect the true scarcity of capital in a developing economy. His analysis leads to a critique of prevailing monetary theory and to a new view of the relation between money and physical capital—a view with policy implications for governments striving to overcome the vicious circle of inflation and stagnation. Examining the performance of South Korea, Taiwan, Brazil, and other countries, the author suggests that their success or failure has depended primarily on steps taken in the monetary sector. He concludes that monetary reform should take precedence over other development measures, such as tariff and tax reform or the encouragement of foreign capital investment. In addition to challenging much of the conventional wisdom of development, the author's revision of accepted monetary theory may be relevant for mature economies that face monetary problems.

Download or read book Tax Challenges Arising from Digitalisation Interim Report 2018 written by Collectif and published by OECD. This book was released on 2018-05-29 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This interim report of the OECD/G20 Inclusive Framework on BEPS is a follow-up to the work delivered in 2015 under Action 1 of the BEPS Project on addressing the tax challenges of the digital economy. It sets out the Inclusive Framework’s agreed direction of work on digitalisation and the international tax rules through to 2020. It describes how digitalisation is also affecting other areas of the tax system, providing tax authorities with new tools that are translating into improvements in taxpayer services, improving the efficiency of tax collection and detecting tax evasion.

Download or read book Monopoly Capital written by Paul A. Baran and published by NYU Press. This book was released on 1966 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay on the capitalist economy of the USA - covers corporation structure and giant entrepreneurship, generation and absorption of surplus profit, consumption, investment, historical and political aspects of monopoly, defence policy, etc., and includes sociological aspects, the standard of living and intergroup relations. References.