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Description
"In this new book, a distinguished group of authors takes stock of the existing state of knowledge in the field of finance and the development process. Each chapter offers a comprehensive survey and synthesis of current issues. These include such critical topics as savings, financial markets and the macroeconomy, stock market development, financial regulation, foreign investment and aid, financing livelihoods, microfinance, rural financial markets,...
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Race, Self-employment, and Upward Mobility refutes conventional notions about entrepreneurship with a wealth of unimpeachable data. Timothy Bates finds that self-employment and upward mobility are open to those who are highly educated and skilled, often possessing significant personal financial resources. This is true among Asian Americans, African Americans, and everybody else, too. Asian immigrants are prominent in low-profit, high-risk inner city...
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Description
In Trust, a sweeping assessment of the emerging global economic order "after History," Fukuyama examines a wide range of national cultures in order to divine the hidden principles that make a good and prosperous society, and his findings strongly challenge the orthodoxies of both left and right. In fact, economic life is pervaded by culture and depends, Fukuyama maintains, on moral bonds of social trust. This is the unspoken, unwritten bond between...
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