Download or read book Stateless Commerce written by Barak Richman and published by Harvard University Press. This book was released on 2017-06-19 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Stateless Commerce, Barak Richman uses the colorful case study of the diamond industry to explore how ethnic trading networks operate and why they persist in the twenty-first century. How, for example, does the 47th Street diamond district in midtown Manhattan—surrounded by skyscrapers and sophisticated financial institutions—continue to thrive as an ethnic marketplace that operates like a traditional bazaar? Conventional models of economic and technological progress suggest that such primitive commercial networks would be displaced by new trading paradigms, yet in the heart of New York City the old world persists. Richman’s explanation is deceptively simple. Far from being an anachronism, 47th Street’s ethnic enclave is an adaptive response to the unique pressures of the diamond industry. Ethnic trading networks survive because they better fulfill many functions usually performed by state institutions. While the modern world rests heavily on lawyers, courts, and state coercion, ethnic merchants regularly sell goods and services by relying solely on familiarity, trust, and community enforcement—what economists call “relational exchange.” These commercial networks insulate themselves from the outside world because the outside world cannot provide those assurances. Extending the framework of transactional cost and organizational economics, Stateless Commerce draws on rare insider interviews to explain why personal exchange succeeds, even as most global trade succumbs to the forces of modernization, and what it reveals about the limitations of the modern state in governing the economy.
Download or read book Stateless Commerce written by Barak D. Richman and published by Harvard University Press. This book was released on 2017-06-19 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Stateless Commerce, Barak Richman uses the colorful case study of the diamond industry to explore how ethnic trading networks operate and why they persist in the twenty-first century. How, for example, does the 47th Street diamond district in midtown Manhattan—surrounded by skyscrapers and sophisticated financial institutions—continue to thrive as an ethnic marketplace that operates like a traditional bazaar? Conventional models of economic and technological progress suggest that such primitive commercial networks would be displaced by new trading paradigms, yet in the heart of New York City the old world persists. Richman’s explanation is deceptively simple. Far from being an anachronism, 47th Street’s ethnic enclave is an adaptive response to the unique pressures of the diamond industry. Ethnic trading networks survive because they better fulfill many functions usually performed by state institutions. While the modern world rests heavily on lawyers, courts, and state coercion, ethnic merchants regularly sell goods and services by relying solely on familiarity, trust, and community enforcement—what economists call “relational exchange.” These commercial networks insulate themselves from the outside world because the outside world cannot provide those assurances. Extending the framework of transactional cost and organizational economics, Stateless Commerce draws on rare insider interviews to explain why personal exchange succeeds, even as most global trade succumbs to the forces of modernization, and what it reveals about the limitations of the modern state in governing the economy.
Download or read book Stateless Commerce written by Barak Richman and published by . This book was released on 2017 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cover -- Title Page -- Copyright -- Dedication -- Contents -- Preface -- 1. Statelessness in Context -- 2. A Case Study in Statelessness: Diamonds, the Diamond Network, and Diamontaires -- 3. The Mechanics of Statelessness -- 4. A Theory of Statelessness -- 5. The Costs of Statelessness: Cartel Behavior and Resistance to Change -- 6. Lessons from Statelessness: Economic History, Ethnic Networks, and Development Policy -- 7. Governing Statelessness -- 8. The Limits of Statelessness and an Autopsy of Cooperation -- Notes -- References -- Index
Download or read book A Coasean View of Stateless Commerce written by Barak D. Richman and published by . This book was released on 2018 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: This short essay, delivered at a panel meeting entitled "The Legacy of Ronald Coase," documents the influence of Coase's work on the recently published book, Stateless Commerce.
Download or read book A Study of Developing Secure and Scalable Business to business Electronic Commerce Systems written by Weiwen Xie and published by . This book was released on 2002 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Mechanics of Statelessness written by Barak D. Richman and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This chapter, to appear in a book entitled STATELESS COMMERCE: DIAMOND DEALERS, ETHNIC TRADING NETWORKS, AND THE PERSISTENCE OF RELATIONAL EXCHANGE, describes the distinctive set of industry, family, and community institutions that enables "trust-based" exchange in the diamond industry. Success in the diamond industry requires the ability to enforce executory agreements that are beyond the reach of public courts, and most commentators say that mutual trust is responsible for enabling diamond dealers to extend credit to each other. This chapter scrutinizes that claim and examines what underlies continued reciprocal trust among merchants, especially when cheating (i.e. stealing diamonds) is both quite easy and enormously lucrative. The chapter describes (1) an industry arbitration system that publicizes promises that are not kept, (2) Intergenerational legacies that induce merchants to deal honestly for long time horizons, including through their very last transaction so their children may inherit valuable livelihoods, and (3) Communities of ultra-Orthodox Jews, for whom participation in their communities is paramount, provide important value-added services to the industry without posing the threat of theft and flight. These three features enable merchants to make credible promises to be trustworthy and have enabled the industry to sustain itself for generations.
Download or read book Understanding Global Trade written by Elhanan Helpman and published by Harvard University Press. This book was released on 2011-04-25 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global trade is of vital interest to citizens as well as policymakers, yet it is widely misunderstood. This compact exposition of the market forces underlying international commerce addresses both of these concerned groups, as well as the needs of students and scholars. Although it contains no equations, it is almost mathematical in its elegance, precision, and power of expression. Understanding Global Trade provides a thorough explanation of what shapes the international organization of production and distribution and the resulting trade flows. It reviews the evolution of knowledge in this field from Adam Smith to today as a process of theoretical modeling, accumulation of new empirical data, and then revision of analytical frameworks in response to evidence and changing circumstances. It explains the sources of comparative advantage and how they lead countries to specialize in making products which they then sell to other countries. While foreign trade contributes to the overall welfare of a nation, it also creates winners and losers, and Helpman describes mechanisms through which trade affects a country's income distribution. The book provides a clear and original account of the revolutions in trade theory of the 1980s and the most recent decade. It shows how scholars shifted the analysis of trade flows from the sectoral level to the business-firm level, to elucidate the growing roles of multinational corporations, offshoring, and outsourcing in the international division of labor. Helpman’s explanation of the latest research findings is essential for an understanding of world affairs.
Download or read book COM and the Battle for the Middle Tier written by Roger Sessions and published by . This book was released on 2000-02-14 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: COM+, the next generation of COM, DCOM, and MTS, is here! Now best-selling author Roger Sessions offers an unbiased introduction to COM+ and the fascinating world of Component-Oriented Middleware (COMWare). In this book, you'll learn the new features of COM+ and how it fits in with other Microsoft technologies, how COM+ compares to CORBA 3.0 and Enterprise JavaBeans, and how to plan your future N-tier enterprise applications. To demonstrate how Microsoft's middle-tier technologies are being utilized in some of today's largest applications, Sessions then presents three case studies from Dell, Silknet, and Acentris-complete with business requirements, architectural overviews, system benchmarks, and lessons learned. Whether you're an IT executive planning your company's middle-tier strategy, a programmer trying to understand the new features of COM+, or an analyst interested in the differences between COM+, EJB, and CORBA 3.0, this book is for you. Advance praise for Roger Sessions's new book: "Roger has a gift for relating the somewhat esoteric topic of distributed computing to the everyday world. COM+ and the Battle for the Middle Tier provides a fine introduction to the problems addressed by the middle tier and the solutions offered by Microsoft's COM+."- MARY KIRTLAND Program Manager, Microsoft Corp. "Although I often don't agree with Roger Sessions's opinions and conclusions, I always enjoy reading his work. This book on COM+ is no exception. Roger uses simple real-world scenarios to explain very complex concepts about distributed computing,components, and scalable transaction processing, and his frequent play on words had me laughing out loud. For those who are true believers of the Microsoft way, this book may become your bible. It certainly will provide you with plenty of arguments to defend your technology choice. For those who believe in CORBA and EJB, this book will help you understand the strong appeal that Windows NT and COM+ have. (But keep the faith and don't be swayed.)"- ANNE THOMAS Senior Analyst, Patricia Seybold Group Visit our Web site at www.wiley.com/compbooks/
Download or read book Monthly Report of the Military Governor written by Germany (Territory under Allied occupation, 1945-1955 : U.S. Zone). Office of Military Government and published by . This book was released on 1949 with total page 1218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report of the Economic and Social Council written by United Nations. Economic and Social Council and published by . This book was released on 1946 with total page 810 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Developing EJB 2 0 Components written by Pravin V. Tulachan and published by Sun Microsystems Press. This book was released on 2002 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will be based upon the recently finalized Enterprise JavaBeans Specification version 2.0 from Sun Microsystems.
Download or read book International Law Trade Perspective written by and published by . This book was released on 2000 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book E commerce written by Kenneth C. Laudon and published by Addison Wesley. This book was released on 2004 with total page 1064 pages. Available in PDF, EPUB and Kindle. Book excerpt: E-Commerce: business, technology, society. provides an overview of the current and next generation of E-commerce. The book emphasizes the three major driving forces behind E-commerce: technology change, business development, and social controversies. Each of these driving forces is represented in every chapter, and together they provide a coherent conceptual framework for understanding E-commerce. The result is a complete treatment of a very diverse subject that is aimed specifically at readers interested in business concepts, IS/IT developments, and computer science applications. The LearnE-Commerce website (at www.LearnE-commerce.net) is a dynamic companion to the textbook, with original content provided by the authors. This Web site is a portal to the E-commerce field, specifically for higher education instructors and their students. The site combines solid educational and editorial content to help instructors prepare their classes, and help students become aware of research about E-commerce.
Download or read book Dark Commerce written by Louise I. Shelley and published by Princeton University Press. This book was released on 2020-11-10 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: Though mankind has traded tangible goods for millennia, recent technology has changed the fundamentals of trade, in both legitimate and illegal economies. In the past three decades, the most advanced forms of illicit trade have broken with all historical precedents and, as Dark Commerce shows, now operate as if on steroids, tied to computers and social media. In this new world of illicit commerce, which benefits states and diverse participants, trade is impersonal and anonymized, and vast profits are made in short periods with limited accountability to sellers, intermediaries, and purchasers. Louise Shelley examines how new technology, communications, and globalization fuel the exponential growth of dangerous forms of illegal trade--the markets for narcotics and child pornography online, the escalation of sex trafficking through web advertisements, and the sale of endangered species for which revenues total in the hundreds of millions of dollars. The illicit economy exacerbates many of the world's destabilizing phenomena: the perpetuation of conflicts, the proliferation of arms and weapons of mass destruction, and environmental degradation and extinction. Shelley explores illicit trade in tangible goods--drugs, human beings, arms, wildlife and timber, fish, antiquities, and ubiquitous counterfeits--and contrasts this with the damaging trade in cyberspace, where intangible commodities cost consumers and organizations billions as they lose identities, bank accounts, access to computer data, and intellectual property.
Download or read book Illicit written by Moises Naim and published by Anchor. This book was released on 2006-10-10 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: A groundbreaking investigation of how illicit commerce is changing the world by transforming economies, reshaping politics, and capturing governments.In this fascinating and comprehensive examination of the underside of globalization, Moises Naím illuminates the struggle between traffickers and the hamstrung bureaucracies trying to control them. From illegal migrants to drugs to weapons to laundered money to counterfeit goods, the black market produces enormous profits that are reinvested to create new businesses, enable terrorists, and even to take over governments. Naím reveals the inner workings of these amazingly efficient international organizations and shows why it is so hard — and so necessary to contain them. Riveting and deeply informed, Illicit will change how you see the world around you.
Download or read book Guide to Indian Periodical Literature written by and published by . This book was released on 1983 with total page 1046 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Syracuse Journal of International Law and Commerce written by and published by . This book was released on 1973 with total page 694 pages. Available in PDF, EPUB and Kindle. Book excerpt:
