Economic Development and Financial Markets
Part I. Macroeconomics and Monetary Policy in Chosen EU Countries.-Regional Inequalities in Central and Eastern European Countries: The Role of Capital Regions and Metropolitan Areas.-Consolidating Democracy in CEE: The Social and Economic Embeddedness.-Contrasting Theories and Evidence About Income Inequality of Post-Socialist Central and Eastern European Countries in the European Union.-Drivers of Competitiveness in European High-Tech Industries.-Factors Affecting Consumers' Inflation Expectations n EU Members States with Independent Monetary Policy.-Part II. Development of Financial Markets and Insurance in Central and Easter Europe.-Assessing zhe Financial Integration of Eastern European Countries.-Starting New Business and Access zo Finance: A Panel Data Investigation.-An Environmental Surety Bond in Chosen CEE Countries as a Type of Financial Security in Case of an Environmental Damage.-The Equilibrium on the Motor Insurance Market in Selected CEE Countries.-The Relationship Between Locational Preferences of Banking Sector and Socio-Economic Structures of Cities in Turkey.
Beyond Economics
There is a lot of attention for happiness, but there is also a lot of confusion, about the concept and the nature of happiness. This book wants to reduce this confusion, to make the deliberations and discussions about happiness more productive. A reduction of confusion will also make it easier to assess happiness as a possible standard in our personal life and in politics. Acceptance of happiness as a standard will have positive effects. Acceptance in personal life will make individuals more critical, and less vulnerable for adversity and manipulation. Acceptance in politics will contribute to a better detection and analysis of social-economic problems. Such positive effects are important for well-being. Well-being is usually defined as 'objective well-being' by experts, like medical specialists or psychologists. They apply their professional standards like blood pressure or personality characteristics. Happiness, on the other hand, is 'subjective well-being' as experienced by the people themselves. This happiness is the appreciation of one's own life as a whole, and this appreciation is based on standards people have adopted themselves, knowingly or unknowingly. Happiness as subjective well-being, and objective well-being as defined by experts, are complementary. It is important to asses objective and subjective well-being simultaneously, and it is incorrect to ignore one of them.
Impact of COVID-19 on Asian Economies and Policy Responses
On March 12th 2020, World Health Organization (WHO) declared the spreading of the new virus, 2019-nCoV, a pandemic. In Asia, the virus, more commonly referred to as COVID-19, has been spreading since the end of December. To contain the public health threat, almost all countries enforced a variety of measures, including lockdowns, to minimize face-to-face human interactions between the infected and the susceptible.While these vigilant measures save lives, they also generate a substantial negative economic shock that immediately halts demand and significantly disrupts supply, global production value chain and trade. The consequences are dire - considerable decline in output, massive surge in unemployment, countless bankruptcy cases, and unrelentless worries over financial stability. The result, a worldwide economic setback, is more severe than that experienced during the Great Financial Crisis of 2008-2009.Asia's experiences with COVID-19 precede that in the West. This fortuitous timing allows Asia to share its learnings drawn from experiences to benefit the world.The Asian Bureau of Finance and Economic Research's (ABFER) community has gathered a collection of insights to inform the public. Besides providing access to research on the pandemic conducted in Asia, these commentaries offer comprehensive information on the effects of the pandemic, the effectiveness of measures employed to contain it and the subsequent economic impacts from such implementation. With granular analyses of government policies and their associated economic rescue packages, these commentaries elucidate the hard trade-offs between public health protection and economic security. Finally, the commentaries address the broader impact of the pandemic on international trade, global value chains and society.
The Origins and Consequences of Property Rights
Property rights are the rules governing ownership in society. This Element offers an analytical framework to understand the origins and consequences of property rights. It conceptualizes of the political economy of property rights as a concern with the follow questions: What explains the origins of economic and legal property rights? What are the consequences of different property rights institutions for wealth creation, conservation, and political order? Why do property institutions change? Why do legal reforms relating to property rights such as land redistribution and legal titling improve livelihoods in some contexts but not others? In analyzing property rights, the authors emphasize the complementarity of insights from a diversity of disciplinary perspectives, including Austrian economics, public choice, and institutional economics, including the Bloomington School of institutional analysis and political economy.
CAREC Tourism Strategy 2030
The Central Asia Regional Economic Cooperation (CAREC) Tourism Strategy 2030 sets out the long-term vision, objectives, programs, and targets to promote sustainable, safe, and inclusive tourism development in the region. The strategy also aims to enhance the region's attraction as a competitive tourism destination globally. It builds upon countries' efforts to develop their tourism sectors as well as existing initiatives being implemented by development partners. It adopts a holistic approach, covering five strategic pillars: connectivity and infrastructure, quality and standards, skills development, marketing and branding, and market intelligence. The strategy also mainstreams six cross-cutting themes: health, safety, and security; digitalization; gender equality; environmental sustainability; private sector participation; and universal access to tourism services.
Country Diagnostic Study on Long-Term Care in Thailand
This publication presents a study on the availability and provision of long-term care (LTC) in Thailand. It discusses findings from the analysis and offers recommendations for the development of LTC systems in the country. Contributing to the development of an in-depth knowledge base on LTC, the publication explores the need for and supply of care, regulatory and policy frameworks, service provision, quality management, human resources, and financing. It is one of six country diagnostic studies--the others on Indonesia, Mongolia, Sri Lanka, Tonga, and Viet Nam--prepared under the ADB technical assistance 9111: Strengthening Developing Member Countries' Capacity in Elderly Care.
Analysing Relationship between Economic Growth and Inflation and Unemployment Youth in Burundi. Elasticity and Threshold
Scientific Study from the year 2020 in the subject Economics - Macro-economics, general, language: English, abstract: The purpose of this study is to analyze the relationship between gross domestic product growth (GDPG) and inflation (INF), unemployment youth male (UNYM), and unemployment youth female (UNYF), to analyze the nature of elasticity, and to evaluate the threshold where GDPG changes. Time-series data covering 1970 -2018 were used to examine the impact of INF and UNYM, and UNYF on GDPG. To estimate the relationship between GDPG and INF and UNYM, and UNYF, regression analysis was performed. Rainbow test was used to test the linearity of the model, Breusch-Pagan test was used to test homoscedasticity, Box Ljung Test was used to test autocorrelation, Phillips-Perron Unit Root Test was used to test whether time series were stationary. Elasticity was applied to measure the degree of responsiveness of change in GDPG to changes in INF and UNYM, and UNYF levels. Data analysis was performed using R and JASP. Results revealed a statistically significant negative relationship between GDPG and INF, UNYM and UNYF. Moreover, the result showed that GDPG responded strongly towards change in inflation and unemployment youth. A threshold was found beyond which GDPG became negative while under the threshold, GDPG continued to grow. To increase economic growth, Burundi should reduce inflation and unemployment youth under the threshold. Burundi should also focus on reducing female unemployment rate as it has great impact on economic growth. Burundi should stimulate entrepreneurship as it contributes in new job creation.
Inequality and Evolution
In 1976, there were 38 countries, comprising nearly 50% of the world's population that self-identified as socialist states, yet by 1991, only one remained. In 1976, the annual GDP per capita of the 38 socialist countries (in inflation adjusted dollars) averaged approximately $5 thousand. By 1990 it had grown to about $8 thousand. During that same period, the GDP per capita, in comparable numbers, for the United States grew from $24 thousand to $36 thousand. The socialist countries never grew their per capita income to more than 22% of the United States. Even China, which today has an economy almost as large as the United States, never saw its per capita GDP grow beyond $2 thousand per year during the twenty-eight year period as a socialist state under Mao Zedong. But, after the death of Mao, China converted its economy to the capitalist model with spectacular success, lifting a billion people out of poverty and challenging the United States for worldwide economic supremacy-an outcome that would have been unthinkable under socialism. Why has capitalism proven to be such an extraordinary success and socialism such a miserable failure? Charles Ladner argues that the success or failure of economic systems can be traced to the degree to which such systems are congruent with the primal force of evolutionary natural selection. This is the most fundamental need of every living thing to survive and reproduce. He encapsulate these forces into the term: selfishness. Capitalism, he finds, is grounded in such selfishness or self-interest, and therefore is fully congruent with the biological needs which provide the aspirational motivation that cause capitalism at all times and in every place, to be successful. Socialism, on other hand, requires and cannot function without, authoritarian rule to suppress expressions of self-interest. Its operation at the level of the state, serves to frustrate the biological needs and thereby will always produce poverty and failure. The historical record, he says, categorically demonstrates this. Capitalism, however, has a fatal flaw, and that is its inability to restrain the expression of selfishness, which ultimately leads to such extremes of wealth and income inequality that the system can self-destruct. In the final chapters, Ladner offers possible remedies for the United States, which he believes is already in the very early stages of such self-destruction.
Die Corona-Krise als wirtschaftliche Herausforderung
Studienarbeit aus dem Jahr 2020 im Fachbereich VWL - Makro繹konomie, allgemein, Note: 1,7, FOM Essen, Hochschule f羹r Oekonomie & Management gemeinn羹tzige GmbH, Hochschulleitung Essen fr羹her Fachhochschule, Sprache: Deutsch, Abstract: Dieser Essay verhandelt die Corona-Krise als wirtschaftliche Herausforderung f羹r die Marktwirtschaft. Folgende Fragen werden dabei besonders in den Fokus genommen: Dass Ausgangssperren und die Neuartigkeit der entstandenen Situation das Wirtschaftswachstum nicht f繹rdern, ist zwar offensichtlich, doch was f羹r konkrete Auswirkungen hatte das Virus und die Ma?nahmen zum Schutz der Volksgesundheit auf die Wirtschaft? Welche wirtschaftspolitischen Ma?nahmen m羹ssen ergriffen werden, um die Abw瓣rtsdynamik der Realwirtschaft zu stoppen und die negativen Folgen der Corona-Krise weitestgehend abzumildern? Im Dezember 2019 entdeckte in China Dr. Li Wenliang ein bis dato unbekanntes Virus. Zu diesem Zeitpunkt wusste niemand, was f羹r gravierende Folgen dieser kleine Organismus auf die gesamte Weltgesellschaft haben wird. W瓣hrend sich die Stra?en zur Fr羹hlingszeit in den Jahren davor mit Menschen f羹llten, kappte man im M瓣rz 2020 systematisch jeden menschlichen Kontakt so weit es ging., Leben retten, daheim bleiben'' war die Devise. Doch wir leben in einer kapitalistischen Gesellschaft, die durch st瓣ndigen Konsum am Leben gehalten wird.
Welche PESTEL-Faktoren machen Japan als Wirtschaftsraum attraktiv/unattraktiv?
Studienarbeit aus dem Jahr 2020 im Fachbereich VWL - Makro繹konomie, allgemein, Note: 1,7, International School of Management, Standort Dortmund, Sprache: Deutsch, Abstract: Diese Arbeit untersucht die Chancen und Risiken des Wirtschaftsraums Japan mittels der politischen, wirtschaftlichen und technologischen Faktoren anhand der PESTEL-Analyse. Japan ist nach den USA und der Volksrepublik China die drittst瓣rkste Volkswirtschaft der Welt und befindet sich in seiner l瓣ngsten Wachstumsphase seit der Nachkriegsgeschichte. Aktuell hat der G7-Staat Japan jedoch mit China als starken Konkurrenten im Exportsektor zu k瓣mpfen.
The European Debt Crisis
This book explores Portugal's response to the 2008 economic crisis and how the country regained the trust of the global capital markets through investor support. The experiences and successes of Portugal are compared with the other Eurozone countries, in particular Greece which had to negotiate a series of assistance programs, to highlight the strategies which helped lessen the impact of the debt crisis.This book aims to provide insight into the global investor ecosystem and to how financial globalization works in practice, illustrating how the multinational investor universe, the financial media, rating agencies, and how investment banks interact. It will be relevant to students and researchers interested in financial markets and political economy, and also financial market practicioners and policy makers.
Private Bankers in the Italian 19th Century
The book analyses the role of private bankers who were pivotal in modernizing the economic and financial system of Italy in the XIX century. To achieve this they needed to interact with the international haute banque to organize and place the public loans and the large investments associated with the joint-stock companies. The theme of reputation, which is currently at the centre of the historiographical debate, is fundamental for the study of the private banker figures, whose professional success is linked to the limitless trust accorded to them by their circle of personal contacts. Historiography has studied the role of Italian bankers in the trade, credit and international finance during the modern age (XVI-XVIII centuries), but it has not analysed the banking system in the XIX century and its national and international relations. The case study of Banca Parodi of Genova fills the historiographical gap concerning the role of private bankers and banking institutions in Italy, highlighting the network between the Parodi family and the international haute banque; one of the most emblematic cases is the Rothschild family. The book presents a re-elaborates series of unpublished data, placing them at the disposal of the scientific community and analyses the role of private bankers in the development of Italian banking institutions in the XIX century to launch a scientific debate.
Minimalist Budget
How do you apply minimalism to your finances? The short answer is that it begins with a paradigm shift and it ends with better management of your finances.Minimalism at its core is all about living with less but still getting more. At the heart of the minimalist budget is a perspective on getting more quality out of each purchase. It requires the habit of spending money on things that really matter to you ergo a change in the point of view as to why you spend and then you change how you spend.And that is at the heart of this book.This book will teach you about: What a minimalist budget is, its functions, and its benefitsHow you can use any budget and then tweak it to become a minimalist budgetLots of budgeting tips the minimalist wayThe financial formula for minimalist budgeting successHow to handle your emotions when you're emotionally triggered to spend money out of controlHow to get out of debtNote that these principles are told from a very personal level and they're drawn from the experiences of the author.This book is also part 1 of a 2-part book series.
Minimalist Budget
Close to half of the United States population rely on debt to sustain the quality of their lives.Now, a huge part of your ability to make those debts are based on your Credit Score.Can you image how your life would be like with a bad one?What about a stellar one?Imagine all the doors that would open to you with a credit score that's close to "Very Good" in the official rating!This is what this book is all about - helping you achieve financial stability not just through the numbers in your bank account but also through the perceptions of society. Our goal is to put you in such a strong financial position that your next debt or mortgage will be approved without questions and even better - with a low interest rate. Here you will find not just generalized information - but a deep insight into your credit score.A step by step guide should arm you with everything you need as you navigate through the Credit Bureaus and the confusing system currently being followed by financial institutions.Through this book, you will find out how your credit score is computed, what affects your credit score, how to improve that score - and how to sustain an impressive score. Read on and take your first step towards financial stability!
Minimalist Budget, Money Management Skills and Minimalism & Decluttering
MINIMALISM3 Books in 1In this book you'll find: Minimalist Budget Book 1: How do you apply minimalism to your finances? The short answer is that it begins with a paradigm shift and it ends with better management of your finances.Minimalism at its core is all about living with less but still getting more. At the heart of the minimalist budget is a perspective on getting more quality out of each purchase. It requires the habit of spending money on things that really matter to you ergo a change in the point of view as to why you spend and then you change how you spend.This book will teach you about: What a minimalist budget is, its functions, and its benefitsHow you can use any budget and then tweak it to become a minimalist budgetLots of budgeting tips the minimalist wayThe financial formula for minimalist budgeting successHow to handle your emotions when you're emotionally triggered to spend money out of controlHow to get out of debtNote that these principles are told from a very personal level and they're drawn from the experiences of the author.Minimalist Budget Book 2: Close to half of the United States population rely on debt to sustain the quality of their lives. Now, a huge part of your ability to make those debts are based on your Credit Score. Can you image how your life would be like with a bad one? What about a stellar one? Imagine all the doors that would open to you with a credit score that's close to "Very Good" in the official rating!This is what this book is all about - helping you achieve financial stability not just through the numbers in your bank account but also through the perceptions of society. Our goal is to put you in such a strong financial position that your next debt or mortgage will be approved without questions and even better - with a low interest rate. Here you will find not just generalized information - but a deep insight into your credit score. A step by step guide should arm you with everything you need as you navigate through the Credit Bureaus and the confusing system currently being followed by financial institutions.Through this book, you will find out how your credit score is computed, what affects your credit score, how to improve that score - and how to sustain an impressive score. Read on and take your first step towards financial stability!Minimalism and Decluttering Book 3: Minimalism and Decluttering is just the book you need to learn about the: Numerous ways that minimalism and decluttering can help you enjoy your life to the fullestBasic tips for decluttering your home and making it your haven of comfortEffective techniques for cutting back on social media and actually living your life offlineEasy strategies to help you manage your finances and avoid wasting moneyEssential tips for simplifying your diet and becoming healthy without ruining your budgetUseful tricks for making over your wardrobe and your outlook in lifeTrouble-free ways you can simplify your travel necessitiesSensible ways you can care for your personal needs while caring for the environmentYou might be overwhelmed with the current state of your home, finances, and lifestyle, but rest assured that this book will guide you through the whole process of making over your home, getting yourself out of the social media rabbit hole, taking charge of your money, simplifying your diet, style, and travel habits, and becoming more aware of your impact on the environment.
The Story of Silver
How silver influenced two hundred years of world history, and why it matters today This is the story of silver's transformation from soft money during the nineteenth century to hard asset today, and how manipulations of the white metal by American president Franklin D. Roosevelt during the 1930s and by the richest man in the world, Texas oil baron Nelson Bunker Hunt, during the 1970s altered the course of American and world history. Silver has been the preferred shelter against government defaults, political instability, and inflation for most people in the world because it is cheaper than gold. The white metal has been the place to hide when conventional investments sour, but it has also seduced sophisticated investors throughout the ages like a siren. This book explains how powerful figures, up to and including Warren Buffett, have come under silver's thrall, and how its history guides economic and political decisions in the twenty-first century.
The Infinite Desire for Growth
Why society's expectation of economic growth is no longer realistic Economic growth-and the hope of better things to come-is the religion of the modern world. Yet its prospects have become bleak, with crashes following booms in an endless cycle. In the United States, eighty percent of the population has seen no increase in purchasing power over the last thirty years and the situation is not much better elsewhere. The Infinite Desire for Growth spotlights the obsession with wanting more, and the global tensions that have arisen as a result. Daniel Cohen provides a whirlwind tour of the history of economic growth, from the early days of civilization to modern times, underscoring what is so unsettling today. He examines how a future less dependent on material gain might be considered, and how, in a culture of competition, individual desires might be better attuned to the greater needs of society.
Mass Challenge
This book addresses the socioeconomic effects of immigration to Sweden. Historically, Sweden was a homogeneous country. In recent years, this has changed dramatically as Sweden has received more refugees per capita than any comparable country: this makes Sweden an interesting case study for analyzing the social and economic impact of refugee migration to European welfare states. The book highlights the long-term effects of low-skilled immigration to welfare states, while tying this to the broader European experience. Much of the public discussion of immigration in the West has focused on the American experience, which differs significantly from refugee migration to European welfare states. Research has shown that immigration is not a unitary phenomenon, and that its social and economic effects depend both on the type of migrants and on the receiving country. As demonstrated in the book, European welfare states have fairly similar outcomes with regard to refugee migration, but with differences in degree and the scale of migration. Their experience, however, contrasts with American outcomes as well as with high-skilled migration to Europe. This book is a translated, updated, and expanded version of the successful Swedish original entitled Massutmaning (2017).This book is translated by Jonas Vesterberg and edited by Pontus Tholin.
The Cycle of War and the Coronavirus
The global economy deteriorated in a matter of months due to governments' mishandling of the coronavirus outbreak. General observers may describe this event as "unforeseen," but they fail to look at the patterns of the past that reveal the future. Cyclical behavior dominates every facet of our world, including warfare, civil unrest, and even pandemics. "The Cycle of War and the Coronavirus" is the most comprehensive review of the war cycle from the beginning of recorded history. The civil unrest prevailing on a worldwide basis can be traced to events of the past, as it is cyclically on time for a revolution. However, the current pandemic is by no means a natural occurrence-this a deliberate attempt to radicalize the world in the vision of those pulling strings behind the curtain. This book exposes the truth, explaining why the coronavirus outbreak destroyed the global economy, the culprits, and what we can expect in the short-term and long-term volatile future.
An Institutional History of Italian Economics in the Interwar Period -- Volume I
Italy is well known for its prominent economists, as well as for the typical public profile they have constantly revealed. But, when facing an illiberal and totalitarian regime, how closely did Italian economists collaborate with government in shaping its economic and political institutions, or work independently? This edited book completes a gap in the history of Italian economic thought by providing a complete work on the crucial link between economics and the Fascist regime, covering the history of political economy in Italy during the so-called "Ventennio" (1922-1943) with an institutional perspective. The approach is threefold: analysis of the academic and extra-academic scene, where economic science was elaborated and taught, the connection between economics, society and politics, and, dissemination of scientific debate. Special attention is given to the bias caused by the Fascist regime to economic debate and careers. This Volume I deals with the economics profession under Fascism, in particular in light of the political and institutional changes that the regime introduced, the restructuring of higher education, the restriction of freedom in teaching and of the press, and with respect to promoting its own strategies of political and ideological propaganda. Volume II (available separately) considers the public side of the economics profession, the "fascistisation" of culture and institutions, banishment and emigration of opponents, and post-WW2 purge of Fascist economists.
Economy for the Common Good
This books brings together scholarly works on the Economy for the Common Good (ECG), both from conceptual and empirical perspectives. The contributions were presented at the first-ever international scientific conference on this topic in Bremen, Germany, organised by the School of Graduate and Professional Studies (Institut f羹r Wissenschaftliche Weiterbildung) of Hochschule Bremen - City University of Applied Sciences and the Research Council of the Economy for the Common Good (Forschungsverein der Gemeinwohl繹konomie e.V.) in November 2019. The Economy for the Common Good (ECG) can be considered as a new approach in-line with several socio-economic and political approaches that aim to frame economic activity within ecological and social boundaries. But different to other approaches, the ECG aims to embed economic activities into a broader cultural and social context and to link them with the core human values of dignity, solidarity, social justice, environmental sustainability, democracy and transparency. The movement started in 2010 with the publication of the book "Gemeinwohl-?konomie" (Economy for the Common Good) by Christian Felber and the presentation of a first version of the common good balance sheet by a group of Austrian entrepreneurs. Since then, the movement has spread from the German-speaking countries to other countries, especially in Europe and Latin America.
Latin America Global Insertion, Energy Transition, and Sustainable Development
This Element focuses on Latin American fossil fuel producer countries and how they are dealing with the transition towards a greener energy matrix. The challenges involved are multiple and ethical in substance. In particular, a worldwide expansion in clean energies would reduce climate change, physical risks. A rapid transition, however, induces the irruption of a new (financial) risk. The energy transition, in addition, could be thought of as a new arena for political disputes. Finally, it evaluates the relevance of monetary policy and financial regulation to tackle the issue from a macro perspective. Energy transition, however, have also long-term but uncertain consequences on the national economy. Henceforth, and in order to minimize risks, a long-term, strategic vision of the challenge confronted by the region becomes mandatory. To tackle all these problems, this Element profits from contributions of different disciplines.
Die nicht standardisierte Geldpolitik der EZB. ?konomische Auswirkungen seit der Lehman Brothers-Pleite
Studienarbeit aus dem Jahr 2020 im Fachbereich VWL - Geldtheorie, Geldpolitik, Note: 1,0, Fachhochschule Kaiserslautern, Sprache: Deutsch, Abstract: Diese Arbeit untersucht, welche 繹konomischen Auswirkungen die nicht standardisierte Geldpolitik der Europ瓣ischen Zentralbank seit der Lehmann-Brothers Pleite 2008 auf die Wirtschaft hatte. Die ergriffenen Ma?nahmen werden im Rahmen einer expansiven Geldpolitik kritisch evaluiert und in ihrer Wirkungsweise analysiert. Geldpolitische Handlungen auf der Ebene der Nationalstaaten bleiben in dieser Arbeit unber羹cksichtigt. Zu Beginn von Kapitel 2 werden wichtige theoretische Grundlagen erarbeitet. Wesentliche Informationen zur Gr羹ndung, Zielsetzung sowie zum Aufbau der Organe des ESZB bilden hierf羹r die Grundlage. Darauf folgt in Kapitel 3 eine Erl瓣uterung der zentralen, geldpolitischen Instrumente der Europ瓣ischen Zentralbank. In Kapitel 4 werden die geldpolitischen Ma?nahmen der EZB seit der Lehmann-Brothers Pleite er繹rtert. Hierbei finden sowohl konventionelle als auch unkonventionelle, geldpolitische Betrachtungen Eingang in die Betrachtung. Anschlie?end wird der 繹konomische Einfluss nicht standardisierter Geldpolitik der Europ瓣ischen Zentralbank analysiert. Nach der Darstellung von elementaren Zusammenh瓣ngen zwischen Wirtschaft und Geldpolitik, werden die Auswirkungen der unkonventionellen Geldpolitik auf die Wirtschaft erl瓣utert und daraus sich ergebende Chancen und Risiken abgeleitet. Die Pleite der amerikanischen Investmentbank Leman Brothers am 15. September 2008 sorgte f羹r den gr繹?ten Kurssturz an der B繹rse in der US- Geschichte. Sie gilt als der H繹hepunkt einer Krise, die sich bereits zuvor 羹ber Jahre angebahnt hatte. Die Immobilienkrise in den Vereinigten Staaten l繹ste weltweit eine tiefgreifende Rezession aus und machte auch vor der Wirtschaft Europas keinen Halt. Die Auswirkungen sind bis heute sp羹rbar, nicht nur 繹konomisch, sondern auch politisch. In der Krisenzeit wurden von der Politik tiefgreifende Re
Planspiele - Anders denken
Die Planspielmethode ist in vielen Kontexten wie Bildung, Beratung und Forschung fest verankert und insofern ein etabliertes "Denkmal". Dennoch ist sie nicht in Stein gemei?elt, sondern muss sich immer wieder neu erfinden. Themen wie Agilit瓣t, Digitalisierung, Interprofessionalit瓣t und neue Arbeitswelten erfordern es, die Methode neu zu denken, neue Formate auszuprobieren und den Einsatz weiterzuentwickeln. Im vorliegenden zw繹lften Band der ZMS-Schriftenreihe sind ausgew瓣hlte Beitr瓣ge von Referierenden des Europ瓣ischen Planspielforums 2019 enthalten. Die Beitr瓣ge bilden eine Vielzahl an Themen und Inhalten ab. So geht es beispielsweise um die Bedeutung der qualitativen Evaluation von Planspielen und um die Weiterentwicklung von Unterhaltungs- zu Planspielen, die zu Lernzwecken eingesetzt werden k繹nnen. Weitere Artikel umrei?en die Bedeutung von Rollenspielen im Planspiel sowie die Konzeption, Kommunikation und Umsetzung von erfolgreichen Wirtschaftssimulationen. Mit Globe wird ein multinationales Planspiel zur virtuellen Zusammenarbeit in einer Krisensituation vorgestellt, Lego(R) Serious Play(R) wird zur Themenfindung studentischer Arbeiten eingesetzt und ein Beitrag behandelt ein Planspiel, das zur Klausurvorbereitung in Veranstaltungen zum Qualit瓣tsmanagement entwickelt wurde. Beschrieben wird zudem die Implementierung von Themen wie Industrie 4.0 und Digitalisierung in innovationsvermittelnde Lehrveranstaltungen. Dieser Band entstand als Kooperationsprojekt des Zentrums f羹r Managementsimulation der DHBW Stuttgart mit der SAGSAGA, der Gesellschaft f羹r Planspiele in Deutschland, ?sterreich und der Schweiz e.V. - einmal mehr ein Beweis der fruchtbaren Zusammenarbeit der beiden Institutionen.
Green Nudges. Instrumente zur Stimulierung 繹kologisch verantwortlichen Handelns
Studienarbeit aus dem Jahr 2020 im Fachbereich VWL - Umwelt繹konomie, Note: 1,3, Hochschule Bochum, Sprache: Deutsch, Abstract: Diese Arbeit besch瓣ftigt sich mit Instrumenten zur Stimulierung von 繹kologisch verantwortlichen Handeln, sogenannten "Green Nudges". Es geht um die Fragestellung, wie sich Menschen entscheiden und wie diese Entscheidungen von einem solchen Nudge in eine ethisch wertvolle Richtung gelenkt werden k繹nnen. Zudem soll analysiert werden, inwiefern solche Eingriffe unangemessen in die pers繹nliche Entscheidungsfreiheit eingreifen. Besondere Relevanz erf瓣hrt die Thematik vor dem Hintergrund globaler Herausforderungen und den rasant wachsenden Bestrebungen um eine nachhaltige Entwicklung. Viele menschliche Handlungsmuster aus Alltag und Wirtschaft verlaufen heute zuungunsten von ?kologie und Gemeinwohl. Nachhaltiges Nudging will an dem Umstand begrenzter - aber nachvollziehbarer - kognitiver F瓣higkeiten ansetzen und vermeidbare 繹kologische, gesellschaftliche sowie wirtschaftliche Sch瓣den abwenden und ihnen vorbeugen. In dieser Arbeit wird der Einsatz von Green Nudges aus einer umwelt繹konomischen Perspektive beleuchtet und diskutiert. In Kapitel 1 werden die theoretischen Grundlagen von Nudging umrissen. Um ad瓣quat erkl瓣ren zu k繹nnen, was es mit den Schubsern auf sich hat, wird die Frage, wie der Mensch Entscheidungen trifft, aufgeworfen und zun瓣chst aus rein 繹konomischer Sichtweise betrachtet. Darauf aufbauend wird die zum neoklassischen Modell des "Homo Oeconomicus" gegens瓣tzliche, aber umso zeitgem瓣?ere Meinung aus verhaltens繹konomischer Perspektive ausf羹hrlich dargelegt. Auf dieser Basis l瓣sst sich anschlie?end eine Definition von Nudging formulieren, ehe in Kapitel 2, intensiv an Beispielen orientiert, verschiedene M繹glichkeiten von Nudges f羹r eine nachhaltige Entwicklung pr瓣sentiert wird. Bei der Auseinandersetzung mit dem Thema Nudging darf eine kritische Auseinandersetzung nicht fehlen. Daf羹r widmet sich Kapitel 3 einer Sammlung von ethische
Institutional Activism in Corporate Governance
Using both qualitative and quantitative methods, this book examines whether qualified foreign institutional investors (QFIIs), through their shareholder activism, have a meaningful positive impact on the corporate governance of firms listed on the mainland Chinese stock market. Capital flows into and out of China are still subject to tight controls, and the QFII scheme is one important avenue through which QFIIs can become invested in the Chinese stock market. This book is an invaluable resource for anyone interested in learning about ways to invest in one of the world's largest economies. Wang discusses in depth what specific opportunities, challenges and restrictions to expect in the process, and how investing in China differs from investing in countries with a more open capital account.
Climate Change Risk and Adaptation Assessment for Irrigation in Southern Viet Nam
It highlights new developments and key lessons on climate risk assessment that may be applied to the project design and monitoring as well as the implementation of climate adaptation measures. The WEIDAP project was developed in response to the drought that affected southern Viet Nam in 2015-2016. It focused on irrigation modernization and the integration of climate-resilient agricultural and efficient on-farm water management practices.
Asia Small and Medium-Sized Enterprise Monitor 2020 - Volume IV
This final volume of the Asia Small and Medium-Sized Enterprise Monitor 2020 sets out ADB's work so far on the index to help guide support for MSME development. The index aims to capture the structural problems MSMEs face and to measure MSME development and access to finance using multivariate analysis of national MSME data. This note includes the results of index testing using data from Southeast Asia. It does not intend to present a complete index at this stage, but rather raises issues on feasible design of the index through the pilot exercise.
Economics
In this book the author presents principles of economics and uses them to draw further conclusions on law and morality. A substantial section of the book contains examples that illustrate the concepts propounded. Topics addressed in the book include: the determination of prices through supply and demandthe relationship between profit and productionthe value of moneyinflation and deflationeconomic cycles and crisesconsequences of violencefunctions of the statelaw that maximizes prosperity
?kolabel Zwischen Greenwashing Und Entscheidungshilfe
?kolabel konstruieren Markenprodukte als nachhaltig.Markensysteme erh繹hen durch ?kolabel ihre Kommunikationserfolge und bauen so ein gr羹nes Markenimage auf. Daher k繹nnen ?kolabel den Konsument*innen als ein effizientes Kommunikationsmittel begegnen, das beim Einkauf Orientierung gibt. Was als Entscheidungshilfe dient, kann von Unternehmen auch zum Greenwashing verwendet werden.Die dahinterliegenden Prozesse werden hier markensoziologisch aufgeschl羹sselt und ?kolabel dadurch erstmals soziologisch erfasst.In diesem Buch entwickelt Tobias Schnell ein Markensystem, welches ?kolabel als integralen Teilbereich gr羹ner Systeme versteht und Markenorganisationen dadurch greif- und steuerbar macht. Der Autor Tobias Schnell ist wissenschaftlicher Mitarbeiter am Institut f羹r Sozialwissenschaften, Fach Soziologie an der Christian-Albrechts-Universit瓣t zu Kiel. Er lehrt und forscht dort zu den Themen des nachhaltigen Konsums, der Markensoziologie, sowie zu empirischen Methoden der Sozialforschung.
Bills of Union
Analyses how thinkers on empire drew on monetary thought and banking theory address the financial, political and constitutional challenges of empire in the years before the American Revolution Highlights the overlap between financial and imperial histories and reforms in the British Atlantic during the eighteenth century, and summarises key developments and scholarship relating to both strands Examines the various proposals for an imperial monetary union and paper currency based on the principles of the land banking or 'specie' banking​
Financial Microeconometrics
This book explores new topics in modern research on empirical corporate finance and applied accounting, especially the econometric analysis of microdata. Dubbed "financial microeconometrics" by the author, this concept unites both methodological and applied approaches. The book examines how quantitative methods can be applied in corporate finance and accounting research in order to predict companies getting into financial distress. Presented in a clear and straightforward manner, it also suggests methods for linking corporate governance to financial performance, and discusses what the determinants of accounting disclosures are. Exploring these questions by way of numerous practical examples, this book is intended for researchers, practitioners and students who are not yet familiar with the variety of approaches available for data analysis and microeconometrics. "This book on financial microeconometrics is an excellent starting point for research in corporate finance and accounting. In my view, the text is positioned between a narrative and a scientific treatise. It is based on a vast amount of literature but is not overloaded with formulae. My appreciation of financial microeconometrics has very much increased. The book is well organized and properly written. I enjoyed reading it." Wolfgang Marty, Senior Investment Strategist, AgaNola AG
Emergence, Entanglement, and Political Economy
This volume is intended to serve as a review of the "next generation" of political economy scholars in what can be called the "Wagnerian" tradition, which traces its roots to Buchanan and De Viti De Marco in the 1930s, who argued that any decision that results from a political entity must be the product of individual decision makers operating within some framework of formal and informal rules. To treat these decisions as if they were the product of one single mind, or even simply the additive result of several decisions, is to fundamentally misunderstand and mischaracterize the dynamics of collective action. Today, Richard Wagner is among the most prominent theorists in analyzing the institutional foundations of the economy and the organization of political decision-making. In this collection of original essays, former students schooled in this tradition offer emerging insights on public choice theory, public finance, and political economy, across a range of topics from voting behavior to entrepreneurship.
Mergers and Acquisitions
The justification for mergers and acquisitions is a fairly easy one and seems to thrive within the American culture although it seems to be spreading across the globe. Simply put, bigger is always better. We see it in the cars we drive, the houses we live in, and the "super-sized" meals we eat. In the end, mergers typically fail to deliver what they were promised to the shareholders.
The Rise of Neo-Liberalism and the Decline of Freedom
This book examines the relationship that prevails between the state and freedom in the works of Milton Friedman and Friedrich Hayek, as well as those of some of their peers, including Gary Becker, James Buchanan, and George Stigler. The author explains that their concept of freedom was largely derived from the principles and values of neo-liberalism. However, she maintains that neo-liberals never cared about providing the masses with genuine freedom; rather, they value freedom for its instrumental value in terms of facilitating the global spread of free-market capitalism. The author explains that the neo-liberal concept of freedom has been a very useful tool in promoting the superiority of free-market capitalism over centrally planned economies aimed at achieving the common good. She argues that even though neo-liberals are strongly opposed to central planning, they are tolerant of state planning intended to help establish and sustain the conditions of a free-market system. She also contends that the extensive implementation of neo-liberal reforms and policies has led to states losing their sovereignty and moving away from their traditional role of achieving the common good. The author claims that the world has essentially become the sum of many neo-liberal societies, particularly during the last four decades. She also maintains that, throughout human history, no other ideology, school of thought, political, religious or military institution, kingdom, or empire has been as successful as neo-liberalism, when it comes to shaping people's beliefs, ideals, goals, and lifestyle on a global scale. Unfortunately, neo-liberalism has proven to be very detrimental for civilization and the future of the planet. The author concludes that the widespread adoption of the neo-liberal concept of freedom, in combination with the pretense that economics is a natural, ahistorical and value-free science, has triggered the emergence of methodological monism, which has resulted in unfreedom and the poverty of economics, while also delaying the progress of the entire discipline.
Sierra Leone Private Investment and Financial Sector Development
This book provides a detailed overview and analysis of key macroeconomics variables in Sierra Leone from 1980 to 2015. Like Sierra Leone and Ghana, many nations depend primarily on taxation as a means of galvanizing the required resources needed to meet public expenditure requirements. As a result, it is critical to study how fiscal variables change and how private investment can improve life for everyone. Dr. Ezekiel K. Duramany-Lakkoh, dean of the faculty at University of Sierra Leone, explores Sierra Leone's fiscal policy and how it's changed over time in this academic work. Topics include: - economic growth beginning in 2010; - social and economic reform programs; - monetary policy and its effect on inflation; - external and domestic debt management. The author also highlights how government spending has influenced private investment at home and abroad-as well as how a re-established political order has contributed to impressive growth. Whether you do business in Sierra Leone, want to do business there, have a connection to the country, or are a citizen or native, you'll find valuable insights in this book.
Petroleum Refinery Relocation Projects
This book provides a hands-on approach for Refinery and PetroChem Engineers and EPC Companies to follow step-by-step guidelines on a Petroleum Refinery Relocation Project to any developing country, the main take away is clear message on SAFETY, so make sure to follow procedures on HAZOP, the Hazard Operability Study.
Environmental Valuation with Discrete Choice Experiments
This open access book offers up-to-date advice and practical guidance on how to undertake a discrete choice experiment as a tool for environmental valuation. It discusses crucial issues in designing, implementing and analysing choice experiments. Compiled by leading experts in the field, the book promotes discrete choice analysis in environmental valuation through a more solid scientific basis for research practice. Instead of providing strict guidelines, the book helps readers avoid common mistakes often found in applied work. It is based on the collective reflections of the scientific network of researchers using discrete choice modelling in the field of environmental valuation (www.envecho.com).
Give Us Your Sick
Give Us Your Sick provides a holistic perspective on how the American healthcare system is constructed in a way which restricts the innovation and entrepreneurship of immigrants. Through exploring the available healthcare options and the current political climate surrounding immigration and international entrepreneur rules in the United States, a landscape of current policies is provided. The United States of America is a nation built upon the backs of immigrants. This book gives a modern take on how American public policy governs and restricts their abilities to achieve financial independence as small business owners. A unique perspective is offered through interviews conducted with immigrant small business owners where they candidly express their struggles and triumphs. The book aids in expanding the discussion about American healthcare legislation and understanding how it continues to impact the immigrant population.
Economic Growth and Development
This book analyses the important role of agribusiness and rural enterprises in economic growth and development. China's inclusive development of agribusiness and rural enterprises has played a pivotal role in economic growth, sustainable development and poverty reduction. This book analyses how market, price and institution are important factors for China's inclusive development of agribusiness and rural enterprises. Incentive property rights of farming lands have impacted the allocation efficiency of resources in markets, which contributed to the growth of its agro-industrial development and the families-agribusiness. The technological changes contributed to the agricultural growth in China pre and post economic reform phases. The book introduces the combination development approach (CDA) of agribusiness and rural enterprises. The combination development approach of agribusiness and rural enterprises facilitates developing countries to upgrade into emerging economies and industrial economies. The book presents theoretical perspectives of development economics, and it introduces cutting-edge international development issues, and China's international economic cooperation on international trade and enterprises development. New technology and information technology bring new business opportunities to smallholder farmers in transitional economies and developing countries to access global value chain in the future.
Development Economics in the Twenty-First Century
Development Economics in the Twenty-First Century brings together an international contributor team in order to explore the origins and evolution of development economics. This book highlights the different elements of 'high development theory' through a precise reconstruction of the different theoretical approaches that develop
The Contemporary Crisis of the European Union
For the first time, after more than half a century, some countries were almost forced to step out of the Union. History's most frightening migration crisis shocked Europe and led to the strengthening of several anti-integration parties in various countries. This pioneering book discusses the nine crisis elements that may lead to disintegration o
The Foundations of Political Economy and Social Reform
This book brings together leading contributors to explore the development of political economy in eighteenth century France from an interdisciplinary perspective, in particular the ideas for social reform proposed before the Revolution. This volume explores the different arguments that were made for reforming the economic organi
A Contemporary Historiography of Economics
In recent years, the focus of historians of economic thought has changed to also include the ideas and practices of contemporary economists. This book brings together leading contributors to provide, for the first time, a methodological overview of the historiography of economics.
Hayek On Mill
This latest addition to the Collected Works of F. A. Hayek series showcases the fascinating intersections between two of the most prominent thinkers from two successive centuries. Hayek situates Mill within the complex social and intellectual milieu of nineteenth-century Europe-as well as within twentieth-century debates on socialism and planning-a
International Marketing Strategy
Consumers in most parts of the world now have global access to products beyond those offered in their countries and cultures. This new space for comparison defined by globalization can result in very different purchasing behaviors, including those influenced by the 'country of origin'. This book investigates this effect, one of the most controversial fields of consumer literature, from a company perspective. In particular, it demonstrates the strategic relevance of the country of origin in creating and making use of the value in foreign markets. It also addresses the challenges connected with utilizing the value of the country of origin by considering different entry modes and international marketing channels. Further, it considers the role of international importers and international retailers' assortment strategies in terms of value creation in foreign markets. Combining theory and practice, the book features diverse company perspectives and interviews with importers and retailers.