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Chronicling the rise and fall of the efficient market theory and the century-long making of the modern financial industry, this book is as much an intellectual whodunit as a cultural history of the perils and possibilities of risk. The book brings to life the people and ideas that forged modern finance and investing, from the formative days of Wall Street through the Great Depression and into the financial calamity of the early twenty-first century....
Author
Description
"This survey of microfinance seeks to bridge the gap in the exisiting literature on microfinance between academic economists and practitioners." "The authors move beyond the usual theoretical focus in the microfinance literature and draw on new developments in theories of contracts and incentives. They challenge conventional assumptions about how poor households save and build assets and how institutions can overcome market failures. The book provides...
Author
Description
"The global financial system, this book argues, is in turmoil. Financial liberalization has led to phasing out of regulatory mechanisms over the movement of huge sums involved in currency speculations, new financial products, offshore financial centers, secretive hedge funds and 'hot money' flows to emerging markets. The result is a degree of volatility in financial markets which threatens the orderly running of national economies. This book explains...
Author
Description
No enterprise is more important to the world economy than the auto industry, and in the U.S., Japan, and Germany, three auto companies are so dominant that their products have become synonymous with their home nations: General Motors, Toyota, and Volkswagen. Yet each of these three companies faces a profoundly uncertain future. Their very success - their size, their scope, their highly institutionalized ways - threatens them in this new age of an...
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