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China and the Mortgaging of America

China and the Mortgaging of America PDF Author: H. Thompson
Publisher: Springer
ISBN: 0230283306
Category : Political Science
Languages : en
Pages : 183

Book Description
In 2008, the economic relationship between the United States and China almost collapsed due to a crisis at two American mortgage corporations, Fannie Mae and Freddie Mac. This book explains how that crisis came about, and analyzes the consequences and implications.

China and the Mortgaging of America

China and the Mortgaging of America PDF Author: H. Thompson
Publisher: Springer
ISBN: 0230283306
Category : Political Science
Languages : en
Pages : 183

Book Description
In 2008, the economic relationship between the United States and China almost collapsed due to a crisis at two American mortgage corporations, Fannie Mae and Freddie Mac. This book explains how that crisis came about, and analyzes the consequences and implications.

Six Myths That Hold Back America

Six Myths That Hold Back America PDF Author: Frank N. Newman
Publisher:
ISBN: 9780983988519
Category : Business & Economics
Languages : en
Pages : 0

Book Description
Why is China booming while the American economy lags? Despite a globally challenging economic environment, production in China has grown by an astounding 7% to 14% a year, every year, for the past 20 years. America's GDP, by contrast, fell during the serious recession of 2008-9, and is now struggling to achieve even a tepid 3% growth. Why should this be? Over time, economic thought and attitudes in the U.S. and other Western nations increasingly diverged from the underlying views in China, and significant contrasts developed. This book analyzes several key statements of "accepted" economic views in the U.S., to determine which have real basis in the U.S. financial system, and which are really just myths. The six myths: Asian nations are bankrolling the U.S. Treasury issued securities crowd out the private sector If everyone tries to save more, the nation will save more, and investment, GDP, and employment will increase If the government reduces the deficit, then national saving and investment will increase Today's deficits create great burdens of tax for our children If the U.S. does not get its deficit reduced soon, treasuries will face the same problems as Greece and Ireland

Fast Boat to China

Fast Boat to China PDF Author: Andrew Ross
Publisher: Vintage
ISBN: 1400095549
Category : Political Science
Languages : en
Pages : 322

Book Description
Most Americans today are aware that jobs are being outsourced to China, India, and other nations at an alarming rate. From factory jobs to white-collar, high-tech positions, the exporting of labor is one of the most controversial issues in America.Yet few people know much about the other end — about the people who are actually working these jobs and how their own lives have been throw into tumult by these new economic forces. Andrew Ross spent a year in China, interviewing local employees and their managers in Taiwan, Shanghai, and the far western provinces. In this engaging and informative book, he shows how the Chinese workforce has inherited many of the same worries as American workers, such as job instability, long hours, and awareness of their own expendability. He reports on the daily reality of corporate free trade and explores the growing competition between China and India. This is an eye-opening exploration of an unseen side of our globalized world.

Mortgaging the Ancestors

Mortgaging the Ancestors PDF Author: Parker Shipton
Publisher: Yale University Press
ISBN: 0300152744
Category : History
Languages : en
Pages : 348

Book Description
This title looks briefly at European and North American theories on private property and the mortgage, then shows how these theories have played out as attempted economic reforms in Africa.

The Routledge Handbook on the American Dream

The Routledge Handbook on the American Dream PDF Author: Robert C. Hauhart
Publisher: Routledge
ISBN: 1000385523
Category : Social Science
Languages : en
Pages : 370

Book Description
What do we mean by the American dream? Can we define it? Or does any discussion of the phrase end inconclusively, the solid turned liquid—like ice melting? Do we know whether the American dream motivates and inspires or, alternately, obscures and deceives? The Routledge Handbook on the American Dream offers distinctive, authoritative, original essays by well-known scholars that address the social, economic, historical, philosophic, legal, and cultural dimensions of the American dream for the twenty-first century. The American dream, first discussed and defined in print by James Truslow Adams’s The Epic of America (1931), has become nearly synonymous with being American. Adams’s definition, although known to scholars, is often lost in our ubiquitous use of the term. When used today, the iconic phrase seems to encapsulate every fashion, fad, trend, association, or image the user identifies with the United States or American life. The American dream’s ubiquity, though, argues eloquently for a deeper understanding of its heritage, its implications, and its impact—to be found in this first research handbook ever published on the topic.

International Political Economy in China

International Political Economy in China PDF Author: Gregory T. Chin
Publisher: Routledge
ISBN: 1317530640
Category : Political Science
Languages : en
Pages : 176

Book Description
This book examines the evolution of international political economy (IPE) as a field of study in China, detailing the evolving boundaries and the content of the field. It surveys how the key themes in IPE, such as the conceptualization of power at the global level, the question of international order and international organization, the state and globalization, money and finance, and the source of ideas and ideational innovation, have been debated in Chinese IPE in comparison to the foundational works of the West. The contributions map the genesis of the field inside China and the core characteristics of Chinese IPE, consider the limits of the development of the field in China, and identify the contributions which Chinese IPE can make to the global development of IPE. Each piece in this collection is co-authored by a prominent PRC scholar residing in China, and a distinguished ‘foreign’ scholar. The co-authors together highlight what they think are the core Chinese concerns of IPE in a particular area, and suggest what this understanding adds to the global discussion. This book was originally published as a special issue of the Review of International Political Economy.

Disorder

Disorder PDF Author: Helen Thompson
Publisher: Oxford University Press
ISBN: 0198864981
Category : POLITICAL SCIENCE
Languages : en
Pages : 384

Book Description
"Explains why we in the West, live in the political times we do; a moment of historical time arising from systemic dynamics that have wrought predicaments to confront and not problems to be solved. A retrospective and predictive account of the political shocks of 2016 and onwards, and how the specific consequences of the structural historical forces at work are ongoing and in good part inexorable. Argues that these political times arise and disruption will continue from the intersection of fault lines generated by a geopolitical cycle that has been disrupted, but is not over"--Publisher's description.

The Fateful History of Fannie Mae

The Fateful History of Fannie Mae PDF Author: James R. Hagerty
Publisher: Arcadia Publishing
ISBN: 1614236992
Category : Business & Economics
Languages : en
Pages : 241

Book Description
“A lucid and meticulously reported book by one of the Wall Street Journal’s ace reporters” (George Anders, Forbes contributor and author of The Rare Find). In 1938, the administration of Franklin Delano Roosevelt created a small agency called Fannie Mae. Intended to make home loans more accessible, the agency was born of the Great Depression and a government desperate to revive housing construction. It was a minor detail of the New Deal, barely recorded by the newspapers of the day. Over the next seventy years, Fannie Mae evolved into one of the largest financial companies in the world, owned by private shareholders but with its nearly $1 trillion of debt effectively guaranteed by the government. Almost from the beginning, critics repeatedly warned that Fannie was an accident waiting to happen. Then, in 2008, the housing market collapsed. Amid a wave of foreclosures, the company’s capital began to run out, and the US Treasury seized control. From the New Deal to President Obama’s administration, James R. Hagerty explains this fascinating but little-understood saga. Based on the author’s reporting for the Wall Street Journal, personal research, and interviews with executives, regulators, and congressional leaders, The Fateful History of Fannie Mae, he explains the politics, economics, and human frailties behind seven decades of missed opportunities to prevent a financial disaster.

The Asian Diet

The Asian Diet PDF Author: Charles Tan
Publisher: Charles Tan
ISBN: 146093542X
Category : Self-Help
Languages : en
Pages : 83

Book Description
What can you do to spend less, save more and be happier? Why is it your moral duty to spank your kids? How are we contributing to the most pressing global issues of our generation, and how can we be part of the ultimate solution? This book is all about the cultural differences between East and West: the way we view food, money, love and life. These may appear insignificant at first, especially when viewed at the individual level, but our collective differences are what lay behind the big issues in our world today: macroeconomic imbalances, urban poverty, rising obesity rates and pension deficits, among others. The Asian Diet is intended to be a lesson in common sense and basic discipline, but it also aspires to be an exercise in moral and philosophical debate. The world has no shortage of soulless charlatans touting their half-baked strategies as the road to riches. Millions of books have been written (and sold) on topics ranging from real estate speculation, to day trading, to internet entrepreneurship; yet the only millionaires being created seem to be the authors, not the readers. The Asian approach is quite a different one. It is, in essence, a "get rich slow" scheme, espousing the virtues of self-restraint and savings. Because income alone does not equal wealth - it is the excess of income over expenditure that does - and in life, it is infinitely easier to control what you spend than what you earn. A modern day call to arms against the wretchedness of debt and decadence, The Asian Diet implores us to cease our profligate ways, to stop blaming others for our problems, to take responsibility for our own lives, and to start thinking critically about the issues we face each day.

China in Revolution

China in Revolution PDF Author: Mary Clabaugh Wright
Publisher: Yale University Press
ISBN: 9780300014600
Category : History
Languages : en
Pages : 524

Book Description
“Great themes run through this book: local differentiation and societal integration, reform and revolution, innovation and renewal, conservatism and radicalism, tradition and modernity. All relate to the fascinating dialectic of Chinese history.” This comment by G. William Skinner aptly describes this pioneering volume in which twelve specialists in Chinese history discuss the great questions of history in the dramatic context of the “New China” of the early twentieth century. The work of young scholars from seven countries who have had access to Chinese, British, and French archives opened only in recent years, the book provides new findings that presage not only a reinterpretation of the Revolution of 1911 itself but also of the dynamic links between Imperial China and both the communist revolution of 1927-49 and the Great Proletarian Cultural Revolution of today. "An outstanding example of historians’ inquiries is this collection of essays by 12 authorities, brilliantly edited by Mary Wright of Yale. Brilliant because unlike most such cooperative endeavors, the studies in this volume focus on a single major topic, China in the years around the revolution of 1911. The papers vary in scope, from a general interpretation of the origins of the warlord armies, which were to dominate Chinese political life until the mid-twenties, to a fascinating reconstruction of events hour-by-hour during the first week of the revolution in the city where it began, Wuchang. . . . This important work is bound to have a great impact on our understanding of modern China, and will surely stimulate further research in the period."—New York Times Book Review "Will set a style for ten to twenty years hence by all scholars of the subject."—John K. Fairbank.