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Author: Mashhood Raza Khan Publisher: Mashhood Raza Khan ISBN: Category : Business & Economics Languages : en Pages : 395
Book Description
How the political conditions lay the economic foundation of a country? How the discovery of oil can make a country have the richest royals, or the biggest hedge funds? How can tourism advance an economy at the base level and how it can be totally devastating at times? How laws of some country can make it the hotbed for the world's richest? How the deadliest monarch can give the status of high-end to its fashion-house? How did Hong Kong become the most capitalistic from a communist nation? How can China be communist and the world's biggest economy at the same time? How can a tiny country in the Middle-East surrounded by its violent enemies be the tech hub of Asia? How can India be a global superpower? How UAE is shifting from oil-based country to tourism and tech-based country? This book answers a lot more than just these questions. This book does not just contain huge mathematical equations or complex graphs, but analysis of an economy through history, geopolitics, law, and the political order of that country. It contains the concept of economics from the basics through analysis of an economy in its simplest and most intuitive form.
Author: Mashhood Raza Khan Publisher: Mashhood Raza Khan ISBN: Category : Business & Economics Languages : en Pages : 395
Book Description
How the political conditions lay the economic foundation of a country? How the discovery of oil can make a country have the richest royals, or the biggest hedge funds? How can tourism advance an economy at the base level and how it can be totally devastating at times? How laws of some country can make it the hotbed for the world's richest? How the deadliest monarch can give the status of high-end to its fashion-house? How did Hong Kong become the most capitalistic from a communist nation? How can China be communist and the world's biggest economy at the same time? How can a tiny country in the Middle-East surrounded by its violent enemies be the tech hub of Asia? How can India be a global superpower? How UAE is shifting from oil-based country to tourism and tech-based country? This book answers a lot more than just these questions. This book does not just contain huge mathematical equations or complex graphs, but analysis of an economy through history, geopolitics, law, and the political order of that country. It contains the concept of economics from the basics through analysis of an economy in its simplest and most intuitive form.
Author: Mariana Mazzucato Publisher: Penguin UK ISBN: 0241188822 Category : Business & Economics Languages : en Pages : 384
Book Description
Who really creates wealth in our world? And how do we decide the value of what they do? At the heart of today's financial and economic crisis is a problem hiding in plain sight. In modern capitalism, value-extraction - the siphoning off of profits, from shareholders' dividends to bankers' bonuses - is rewarded more highly than value-creation: the productive process that drives a healthy economy and society. We misidentify takers as makers, and have lost sight of what value really means. Once a central plank of economic thought, this concept of value - what it is, why it matters to us - is simply no longer discussed. Yet, argues Mariana Mazzucato in this penetrating and passionate new book, if we are to reform capitalism - to radically transform an increasingly sick system rather than continue feeding it - we urgently need to rethink where wealth comes from. Who is creating it, who is extracting it, and who is destroying it? Answers to these questions are key if we want to replace the current parasitic system with a type of capitalism that is more sustainable, more symbiotic: that works for us all. The Value of Everything will reignite a long-needed debate about the kind of world we really want to live in.
Author: Richard Davies Publisher: ISBN: 9781784163259 Category : Economics Languages : en Pages : 416
Book Description
To predict our future, we must look to the extremes. So argues the economist Richard Davies, who takes readers to the margins of the modern economy and beyond. These extreme economies illustrate the forces that test human resilience, drive societies to failure, and promise to shape our collective future. Reviving a foundational idea from the medical sciences, Extreme Economies turns the logic of modern economics on its head by arguing that these outlier societies can teach us more about our own than we might imagine. By adapting to circumstances unimaginable to most of us, the people in these societies are pioneering the economic infrastructure of the future.
Author: Clifford F. Thies Publisher: Rowman & Littlefield ISBN: 1498546161 Category : Business & Economics Languages : en Pages : 255
Book Description
Global Economics looks beyond the mere interaction of national economies as is implied by the term 'international economics.' It examines the integration of national economies into the emerging global economy. In keeping with the subtitle A Holistic Approach, the book considers the roles of technology, political arrangements, the rule of law, natural resources, climate change, social institutions and values, in addition to the role of economics (narrowly defined). In fact, recourse to abstract economic analysis is restrained, and discussion is replete with concrete examples and case studies. Specific topics include trade theory, policy and agreements, foreign exchange, exchange rate determination and hedging, international capital and labor flows, financial crises and development. The book details the changes that took place with the Industrial Revolution and the subsequent spread of market economics and democratic government. It develops the classic theory of comparative advantage, and then applies and extends the theory to explain the complex trade patterns of today. It uses game theory to analyze trade policy, and the tragedy of the commons to address the resource curse. The book covers topics such as the relationship of defense to trade policy not typically considered by international economics, in addition to taking a fresh approach to the traditional topics.
Author: John Thore Stub Sneisen Publisher: ISBN: 9781988497051 Category : Languages : en Pages :
Book Description
This book will take a deep dive into how Canada's economy work. It looks at aspects of the economy like the public pension system and the banking system and is pointing out obvious flaws in the system, how to protect yourself from them and what to do once you have acknowledged the problems. The book helps you wake up from what the investment and real estate industries are covering up and how they collude with the government for a significant profit. Reading this book will be a great eye-opener and can change the course of your life from a certain destination of losses to winning in the next economic collapse very few are seeing on the horizon. In this book you will learn: How the Canadian Dollar is heading for failure, and there is nothing the government or banks can do to stop in. Imagine a 90% loss of your Networth. How real money, commodities might be able to save the Canadian Economy when it collapses and how Gold and Silver is like a life insurance policy just for your wealth. How to take responsibility for your own money instead of giving it to banks and the government. And Much More! John Thore Stub Sneisen is the founder of The Economic Truth, a non-profit organization with over 10,000 followers in more than thirty countries that analyze economic events and hosts workshops on monetary history. He is a co-founder of a The Manitoba Party in Manitoba, Canada and an Economic Analyst with World Alternative Media one of Canada's biggest Alternative Media News channels. John has a goal to awaken millions of people around the world to the truths of money, commodities, and civilizations. He is a member of the Freedom Force Leadership Council and has also been inducted into the Freedom Force International Hall of Fame together with notable people like Robert T. Kiyosaki, Mike Adams, Lord Christopher Moncton, Catherine Austin Fitts, Ty Bollinger, G. Edward Griffin and many others.
Author: Dietrich Vollrath Publisher: University of Chicago Press ISBN: 0226820041 Category : Business & Economics Languages : en Pages : 273
Book Description
Vollrath challenges our long-held assumption that growth is the best indicator of an economy’s health. Most economists would agree that a thriving economy is synonymous with GDP growth. The more we produce and consume, the higher our living standard and the more resources available to the public. This means that our current era, in which growth has slowed substantially from its postwar highs, has raised alarm bells. But should it? Is growth actually the best way to measure economic success—and does our slowdown indicate economic problems? The counterintuitive answer Dietrich Vollrath offers is: No. Looking at the same facts as other economists, he offers a radically different interpretation. Rather than a sign of economic failure, he argues, our current slowdown is, in fact, a sign of our widespread economic success. Our powerful economy has already supplied so much of the necessary stuff of modern life, brought us so much comfort, security, and luxury, that we have turned to new forms of production and consumption that increase our well-being but do not contribute to growth in GDP. In Fully Grown, Vollrath offers a powerful case to support that argument. He explores a number of important trends in the US economy: including a decrease in the number of workers relative to the population, a shift from a goods-driven economy to a services-driven one, and a decline in geographic mobility. In each case, he shows how their economic effects could be read as a sign of success, even though they each act as a brake of GDP growth. He also reveals what growth measurement can and cannot tell us—which factors are rightly correlated with economic success, which tell us nothing about significant changes in the economy, and which fall into a conspicuously gray area. Sure to be controversial, Fully Grown will reset the terms of economic debate and help us think anew about what a successful economy looks like.
Author: Antoine Cornevin Publisher: International Monetary Fund ISBN: Category : Business & Economics Languages : en Pages : 72
Book Description
This paper provides new empirical evidence on tax buoyancy (tax revenues responsiveness to changes in economic activity) over the period 1990-2020 using a large panel of 185 countries. This study compares short-term and long-term buoyancy coefficients for total tax revenues and different individual taxes by reviewing and contrasting a range of estimators. Our results broadly confirm the main body of the literature on long-term buoyancy hovering around one. We find evidence of lower estimates for short-term buoyancy relative to previous literature, suggesting a limited automatic stabilization power of taxes. As a robustness exercise, in addition to changes in tax rates, we introduce novel control variables for tax exemptions and bases to disentangle discretionary from automatic tax revenue changes. The marginal changes in the results when controlling for policy actions suggest that, on average, the economic cycle does not necessarily influence tax reforms.
Author: Carl Christian von Weizsäcker Publisher: Springer ISBN: 9783030750336 Category : Business & Economics Languages : en Pages : 0
Book Description
The economy of the 21st century in the OECD countries and in China, is characterized by a new phenomenon: the structural surplus of private savings in relation to private investment. This is true even in a situation of prosperity and very low interest rates. On the one hand, this excess saving is due to people's increasing inclination to save in light of rising life expectancy, driven by the desire to have sufficient assets in old age. On the other hand, the demand for capital is not increasing to the same extent, so that investment is not keeping pace with the rising desire to save. The resulting gap between the private desire for wealth and private investment can only be closed by increasing public debt. This open access book offers a new, capital-theoretical perspective on the macroeconomic relationship between desired wealth and investment, and it presents new empirical data on private wealth and its composition in the OECD plus China area. The authors argue that a free economic and social order can only be stabilized if the wealth aspirations of individuals are met under conditions of price stability. This is not possible without substantial net public debt. A new way of thinking about the economy as a whole is required. By way of an in-depth theoretical and empirical analysis, the book demonstrates this new way of thinking and describes the current challenges facing economic policy. It will appeal to economists and students of economics who are interested in macroeconomic theory and its economic policy implications. An impressive, and convincing theoretical dive into the fundamentals behind secular stagnation, with very strong implications for actual debt policy. Public debt may be needed to improve welfare. - Olivier Blanchard, Senior Fellow at the Peterson Institute for International Economics and Professor of Economics Emeritus at Massachusetts Institute of Technology (MIT). Chief Economist at the International Monetary Fund from 2008 to 2015. Saving and Investment in the Twenty-First Century gives a wholly new perspective on macroeconomics. (...) Weizsäcker and Krämer describe a simple, practical solution to the underemployment that has plagued Southern Europe for more than a decade. - George Akerlof, Nobel Laureate in Economics, 2001. Professor at the McCourt School of Public Policy at Georgetown University and Professor of Economics Emeritus at the University of California, Berkeley. This is a profound and original contribution that can help us to understand and act on the great issues of our times. - Nicholas Stern, Grantham Research Institute on Climate Change and the Environment at the London School of Economics. Author of the Stern Review Report on the Economics of Climate Change. Chief Economist at the World Bank from 2000 to 2003.
Author: Aaron Hurst Publisher: Elevate Publishing ISBN: 193749845X Category : Business & Economics Languages : en Pages : 288
Book Description
A series of shifts are happening in our economy: Millennials are trading in conventional career paths to launch tech start-ups, start small businesses that are rooted in local communities, or freelance their expertise. We are sharing everything, from bikes and cars, to extra rooms in our homes. We now create, buy and sell handcrafted products in our local communities with ease. Globally recognized entrepreneur, founder of Taproot Foundation and CEO of Imperative, Aaron Hurst, argues in his latest book that while these developments seem unrelated at first, taken together they reveal a powerful pattern that points to purpose as the new driver of the American economy. Like the Information Economy, which has driven innovation and economic growth until now, Hurst argues that our new economic era is driven by connecting people to their purpose. It's an economy where value lies in establishing purpose for employees and customers through serving needs greater than their own, enabling personal growth and building community. Based on interviews with thousands of entrepreneurs, Hurst shows this new era is already fueling demand for a whole host of products and services and transforming how millennials view their careers. A new breed of startups like Etsy, Zaarly, Tough Mudder, Kickstarter, and Airbnb are finding new ways to create value by connecting us with our local communities. At the same time, companies like Tesla and Whole Foods are making the march from just appealing to affluent buyers to becoming mainstream brands. Hurst calls these companies, along with the pioneering entrepreneurs who founded them, the Purpose Economy's taste-makers. This book is at once a personal memoir of Aaron Hurst’s own awakening as a purpose driven entrepreneur, when he left a well-paying tech job in 2001 to launch Taproot, creating a pathway for millions of professionals and Fortune 500 companies to volunteer for nonprofits. It's also a blueprint for a new economic era that is transforming companies, markets and our careers to better serve people and the world.
Author: Robert Pollin Publisher: MIT Press ISBN: 0262322870 Category : Business & Economics Languages : en Pages : 173
Book Description
A program for building a global clean energy economy while expanding job opportunities and economic well-being. In order to control climate change, the International Panel on Climate Change (IPCC) estimates that greenhouse gas emissions will need to fall by about forty percent by 2030. Achieving the target goals will be highly challenging. Yet in Greening the Global Economy, economist Robert Pollin shows that they are attainable through steady, large-scale investments—totaling about 1.5 percent of global GDP on an annual basis—in both energy efficiency and clean renewable energy sources. Not only that: Pollin argues that with the right investments, these efforts will expand employment and drive economic growth. Drawing on years of research, Pollin explores all aspects of the problem: how much energy will be needed in a range of industrialized and developing economies; what efficiency targets should be; and what kinds of industrial policy will maximize investment and support private and public partnerships in green growth so that a clean energy transformation can unfold without broad subsidies. All too frequently, inaction on climate change is blamed on its potential harm to the economy. Pollin shows greening the economy is not only possible but necessary: global economic growth depends on it.