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Recursive methods offer a powerful approach in dynamic macroeconomics. This book contains both an introduction to recursive tools, including standard applications such as asset pricing, and advanced material, including analyses of reputational mechanisms and contract design. The tools are presented with enough technical sophistication to get the reader started working on practical problems. When numerical simulations are called for, the book provides suggestions for how to proceed, as well as re...

Focusing primarily on the unique macroeconomics of China, this book analyses the commercial aspects of China’s retail sectors, logistics industries, food industries, electronic commerce and wholesalers, with specialist discussions on the ‘hot’ issues such as commercial real estate, retailer-supplier relationships and price fluctuations.

'Social capital' is a major conceptual and theoretical idea that has received in the last three decades much attention across many social-science disciplines. In this relatively short period, it has developed into a major research paradigm guiding voluminous research conducted in North America, Europe, Asia, and elsewhere. Theory, measurement, and empirical research continue to grow. At the same time, major components of a theory, systematic research enterprises, and comprehensive applications i...

This book focuses on the main challenges that cities, regions and other territories at sub-national level face when it comes to designing and implementing a territorial strategy for economic development and competitiveness. There is a widespread recognition that territories need to construct strategies that focus on shaping sustainable competitive advantages. To do this they draw upon their own unique resources and capabilities alongside intelligence on existing technological and market trends....

This is the first sustained comparative examination of the importance of media attention on the provision of economic assistance, suggesting that the news media is an important medium for policy makers to gauge potential domestic political pressures and thus the need to be responsive and even anticipatory in addressing problems real or perceived. Particular attention is paid to the responsiveness of bureaucracies, long held to be among the most insulated institutions of government. Cross-nationa...

With the disintegration of the 'Evil Empire' the world's largest country became the world's newest democracy. Many speculators rushed in to occupy the territory vacated by the shrinking state but the bullish expectations were replaced by frustration as the country toppled on the brink of financial meltdown. Faced with an ongoing war in Chechnya, a disintegrating infrastructure, widespread corruption, and a currency in free-fall, the Russian economic market collapsed, losing 84% of its economic v...

This detailed book examines the issues and changes Chinese society has experienced around employment, wealth, subsistence and livelihood since China’s opening up. Based on research findings from the leading Chinese scholars, it examines employment, social security, social support, the expanding income gaps, social stratification, rural migration, gender and age discrimination, plus changes to the traditional family structure.

Special Economic Zones (SEZs) have become a popular development policy throughout the world over the last half a century. These zones form designated areas where governments offer businesses lower taxes, tariffs, and often lighter regulations. Generally, SEZs aim to attract investments and raise a country's export and employment rates, but although success stories are often cited, there are numerous failed projects that have instead become burdens for their host countries. This book examines SE...

Gender inequality in the labor market remains a pressing problem of contemporary Africa. Notwithstanding the existence of large variations across countries with regard to male and female labor market outcomes, available evidence shows that in several countries of the region women are less likely to be in paid work, they are disproportionately concentrated in informal and precarious employment, and they are paid substantially less. Assessing and comparing the extent and the nature of women disadv...

The international diffusion of policy ideas and practices is a subject of growing interest, raising such questions as: Why are there increasingly such waves of policy innovation? What prompts one country to emulate another's changes? Is it the influence of powerful international actors like the World Bank? Is it the motivations and interests of domestic actors? And how freely do imitators adapt foreign models to the needs and characteristics of their own countries, rather than simply replicating...

A guide to making life's biggest decisions, from an internationally renowned lifecoach. Just imagine if you didn't have to agonise over difficult decisions. If you could feel absolute confidence in the choices you made, regardless of the outcome. If you could dispense with decisions altogether, on the basis that you always knew what to do. Well, it's perfectly possible, according to top US lifecoach, Laura Berman Fortgang. Each of us possesses an internal compass which expres...

This book interrogates the impact of tourism on local lives and environments along the southern Pacific Coast of Nicaragua. Nicaragua has turned to tourism to earn needed foreign exchange and to provide jobs. The unplanned boom, however, has come with costs to local environments. Using an in-depth case study of the community of Gigante and nearby tourism developments, the chapters delve into the impact of recent unregulated booms in tourism on groundwater, household water security, local economi...

This book, by one of China's leading economists, explores the past and present of the RMB—the people's currency—as it is poised to compete with the dollar as the international reserve currency.  Exchange rate movement and its pass-through to changes in domestic prices have been topics of wide concern among economists. However, relatively few studies have empirically investigated the relationship between exchange rate movements and China's international trade.This book fills this gap, using the...

Tried-and-tested techniques for enjoying the great game more. The One Minute Manager is a book that has sold a staggering 12 million copies in 27 languages and has become the world's most popular management method. Ten years ago, its co-author Ken Blanchard applied his winning approach to his other favourite subject, founding The Golf University in San Diego and penning this fool-proof bestselling book. Now published outside the USA for the first time, The One Minute Golfer contains a series of...

Nach dem hypothetischen Fremdvergleich sind Verrechnungspreise unter Berucksichtigung funktions- und risikoadaquater Kalkulationszinssatze sowie der jeweiligen Gewinnerwartungen zu ermitteln. Ziel des Bandes ist zunachst eine Darstellung des grundsatzlichen Vorgehens fur laufende und aperiodische Geschaftsvorfalle. Sodann stellt der Autor die in der Wissenschaft diskutierten und der Unternehmenspraxis angewandten Modelle zur Ableitung von funktions- und risikoadaquaten Kalkulationszinssatzen aus...

Jerome was one of the very few early Christian scholars to know any Hebrew. This is a unique introduction, translation, and commentary of his Questions on Genesis - a fascinating work showing a Christian working alongside Jews in an age very different from our own. Jerome's influence on the Church is well known - but this work is equally important for the light thrown on the history and origin of many ideas at the heart of the Jewish tradition.

Making Fiscal Policy in Japan is written for those who want to understand the role and performance of fiscal policy as an integral component of macroeconomic policy, and the attendant effects on economic growth. The case explored here is post-Second World War Japan, but the approach is one of international comparison. Ishi traces and analyses the central features of postwar Japanese fiscal policy and considers the institutional framework and policy objectives which shaped the budget process. The...

This book analyzes evolution of monetary policy in Rwanda since it was first implemented by the National Bank of Rwanda in 1964 when the bank was established. It contributes to the understanding of monetary policy which is formulation and implementation in different stages of development of a financial system that comprises the financial market (money market and capital market), financial intermediaries such as commercial banks, and the financial sector infrastructures such as payment systems an...

This book explores the increased necessity of organizations to encourage human talent in the globalized economy, with particular emphasis on the impact in Eastern Europe. Featuring contributions presented at the 7th Annual Griffiths School of Management International Conference on Business and Ethics (GSMAC) organized by Emanuel University of Oradea, this book presents in-depth analysis of the economic, social and religious implications of the transition from low cost of labor to increased human...

In an Islamic society, it is ethics that dominates and determines all behavior, including economic behavior. The Holy Koran emerges as the main source of all economic behavior and practices which are subject to the commands of Allah as stated in the Koran. Since Islam is a universal religion, the Islamic economic paradigm with its "scientific" Islamic economic theories has to be comprehensive as well as perfect in the sense of fairness, ethical values and fruitfulness. A universal Islamic econom...

Originally published in 1986 the first part of this book outlines some of the general problems of technological change and labour relations. It discusses the politics of rationalisation and of industrialisation in the car industry by examining case studies of Volkswagen British Leyland and FIAT. The impact developments exert on trade unions in the UK, Germany and Italy is discussed simultaneously.