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| Author | : P. Augar |
| Publisher | : |
| Total Pages | : |
| Release | : 2009-12-23 |
| Genre | : |
| ISBN | : 9781409076322 |
| Author | : Philip Augar |
| Publisher | : Bodley Head Childrens |
| Total Pages | : 280 |
| Release | : 2009 |
| Genre | : Business & Economics |
| ISBN | : |
"* Chasing Alpha is the definitive insider s history of Britain s financial services sector, from the early days of New Labour to the present day. At the heart of the action is the revival of the City s institutions in the mid-nineties. Augar uses his peerless connections with the people and firms that made it happen to give a compelling narrative of how the City s golden generation turned London round. Then, as so often happens in finance, the City got carried away with its own success, boasting of a new risk-free economic paradigm that would make the world a richer place. Northern Rock gave the lie to this claim. Far from heralding the eclipse of finance capital, Augar will show how the City stands poised to emerge from the credit crunch stronger than ever. As New Labour heads towards electoral meltdown, the industry it did so much to nurture will embrace the opportunities afforded by David Cameron s even more business-friendly Conservatives. The guiding principle of th"
| Author | : Mark Zandi |
| Publisher | : FT Press |
| Total Pages | : 1040 |
| Release | : 2012-05-04 |
| Genre | : Political Science |
| ISBN | : 0133087522 |
How the financial crisis really happened, and what it really meant: 3 books packed with lessons for investors and policymakers! These three books offer unsurpassed insight into the causes and implications of the global financial crisis: information every investor and policy-maker needs to prepare for an extraordinarily uncertain future. In Financial Shock, Updated Edition, renowned economist Mark Zandi provides the most concise, lucid account of the economic, political, and regulatory causes of the collapse, plus new insights into the continuing impact of the Obama administration’s policies. Zandi doesn’t just illuminate the roles of mortgage lenders, investment bankers, speculators, regulators, and the Fed: he offers sensible recommendations for preventing the next collapse. In Extreme Money, best-selling author and global finance expert Satyajit Das reveals the spectacular, dangerous money games that are generating increasingly massive bubbles of fake growth, prosperity, and wealth, while endangering the jobs, possessions, and futures of everyone outside finance. Das explains how everything from home mortgages to climate change have become fully financialized… how “voodoo banking” keeps generating massive phony profits even now… and how a new generation of “Masters of the Universe” has come to own the world. Finally, in The Fearful Rise of Markets, top Financial Times global finance journalist John Authers reveals how the first truly global super bubble was inflated, and may now be inflating again. He illuminates the multiple roots of repeated financial crises, presenting a truly global view that avoids both oversimplification and ideology. Most valuable of all, Authers offers realistic solutions: for decision-makers who want to prevent disaster, and investors who want to survive it. From world-renowned leaders and experts, including Dr. Mark Zandi, Satyajit Das, and John Authers
| Author | : Jan-Erik Lane |
| Publisher | : Routledge |
| Total Pages | : 467 |
| Release | : 2017-07-05 |
| Genre | : Political Science |
| ISBN | : 135151735X |
Efforts at coordination between nations are at the heart of the challenges of globalization. Despite steadily growing interdependencies, individual nations still have specific interests that present obstacles to globalization. While some challenges inspired by the need to coordinate are viewed as inevitable by many, they are less optimistic about prospects for success. Jan-Erik Lane argues that one should focus objectively upon the possibility of failures.Lane analyzes four kinds of challenges to interdependency, all of which are growing in geopolitical relevance. First, countries need to diminish their dependency on fossil fuel and shift to a reliable supply of energy, because fossil fuels are diminishing. Second, environmental degradation must be addressed, because it is accelerating under the strain of earth's population. Lane advocates an ecological footprint approach. Third, a single global market economy and its complexities must be addressed, as national economies are increasingly opened. Finally, as traditional state sovereignty weakens, foreign military intervention in both international and intra-state conflicts increases.Governments are attempting to address these interdependencies, or reply to the challenges they pose, mainly through international organizations and regionalism. These efforts are discussed at length. In addition, problems with international law are reviewed, as Lane warns against the utopian hopes of global constitutionalism. Globalization also examines the potential consequences of failing to address the need for coordination in efforts to address shared global challenges.
| Author | : Alexander Zevin |
| Publisher | : Verso Books |
| Total Pages | : 545 |
| Release | : 2021-03-23 |
| Genre | : Political Science |
| ISBN | : 1788739620 |
The path-breaking history of modern liberalism told through the pages of one of its most zealous supporters In this landmark book, Alexander Zevin looks at the development of modern liberalism by examining the long history of the Economist newspaper, which, since 1843, has been the most tireless—and internationally influential—champion of the liberal cause anywhere in the world. But what exactly is liberalism, and how has its message evolved? Liberalism at Large examines a political ideology on the move as it confronts the challenges that classical doctrine left unresolved: the rise of democracy, the expansion of empire, the ascendancy of high finance. Contact with such momentous forces was never going to leave the proponents of liberal values unchanged. Zevin holds a mirror to the politics—and personalities—of Economist editors past and present, from Victorian banker-essayists James Wilson and Walter Bagehot to latter-day eminences Bill Emmott and Zanny Minton Beddoes. Today, neither economic crisis at home nor permanent warfare abroad has dimmed the Economist’s belief in unfettered markets, limited government, and a free hand for the West. Confidante to the powerful, emissary for the financial sector, portal onto international affairs, the bestselling newsweekly shapes the world its readers—as well as everyone else—inhabit. This is the first critical biography of one of the architects of a liberal world order now under increasing strain.
| Author | : Richard Barras |
| Publisher | : Springer Nature |
| Total Pages | : 440 |
| Release | : 2023-10-26 |
| Genre | : Political Science |
| ISBN | : 3031384032 |
This book presents an original interpretation of the building history of London in terms of its evolving political economy. Each of the seven ages of the city from the Roman to the modern, are portrayed through their monumental buildings, concentrating in particular on their symbolic purpose as expressions of the status and authority of those who built them. The concluding synthesis explores how these successive layers of building can be seen to be a product of the evolving class structure, the changing distribution of wealth, and the shifting struggle for political power within the city and the nation. Although the focus is on London, the analysis is applicable to any urbanized economy at any stage of development. This book offers unique insight into London as a landscape of power and as a city that has assumed a succession of identities over the last two millennia. It will be relevant to students and researchers interested in urban economy, economic history, and the political economy.
| Author | : Ian Fraser |
| Publisher | : Birlinn |
| Total Pages | : 498 |
| Release | : 2015-10-14 |
| Genre | : Business & Economics |
| ISBN | : 0857906232 |
This is the definitive account of the Royal Bank of Scotland scandal. For a few brief months in 2007 and 2009, the Royal Bank of Scotland was the largest bank in the world. Then the Edinburgh-based giant - having rapidly grown its footprint to 55 countries and stretched its assets to £2.4 trillion under its hubristic and delinquent former boss Fred Goodwin - crashed to earth. In Shredded, Ian Fraser explores the series of cataclysmic misjudgments, the toxic internal culture and the 'light touch' regulatory regime that gave rise to RBS/NatWest's near-collapse. He also considers why it became the most expensive bank in the world to bail out and why a culture of impunity was allowed to develop in the banking sector. This new edition brings the story up to date, chronicling the string of scandals that have come to light since taxpayers rescued RBS and concluding with an evaluation of the attempts of the bank's post-crisis chief executives, Stephen Hester and Ross McEwan, to dismantle Goodwin's disastrous legacy and restore the damaged institutions to health. 'A gripping account - RBS was a rogue business, operating in what had become a rogue industry, with the connivance of government. Read it and weep' – Martin Woolf, Financial Times
| Author | : Ismail Ertürk |
| Publisher | : Taylor & Francis |
| Total Pages | : 436 |
| Release | : 2016-10-04 |
| Genre | : Business & Economics |
| ISBN | : 1135007152 |
The Routledge Companion to Banking Regulation and Reform provides a prestigious cutting edge international reference work offering students, researchers and policy makers a comprehensive guide to the paradigm shift in banking studies since the historic financial crisis in 2007. The transformation in banking over the last two decades has not been authoritatively and critically analysed by the mainstream academic literature. This unique collection brings together a multi-disciplinary group of leading authorities in the field to analyse and investigate post-crisis regulation and reform. Representing the wide spectrum of non-mainstream economics and finance, topics range widely from financial innovation to misconduct in banking, varieties of Eurozone banking to reforming dysfunctional global banking as well as topical issues such as off-shore financial centres, Libor fixing, corporate governance and the Dodd-Frank Act. Bringing together an authoritative range of international experts and perspectives, this invaluable body of heterodox research work provides a comprehensive compendium for researchers and academics of banking and finance as well as regulators and policy makers concerned with the global impact of financial institutions.
| Author | : Johannes Glückler |
| Publisher | : Springer |
| Total Pages | : 386 |
| Release | : 2017-01-05 |
| Genre | : Social Science |
| ISBN | : 3319450239 |
This book discusses a core question in many fields of the social sciences, namely how to create, share and adopt new knowledge. It creates an original space for conversation between two lines of research that have developed largely in parallel for a long time: social network theory and the geography of knowledge. This book considers that relational thinking has become increasingly important for scholars to capture societal outcomes by studying social relations and networks, whereas the role of place, space and spatial scales has been somewhat neglected outside an emergent geography of knowledge. The individual contributions help integrate network arguments of connectivity, geographical arguments of contiguity and contextuality into a more comprehensive understanding of the ways in which people and organizations are constrained by and make use of space and networks for learning and innovation. Experts in the fields of geography, sociology, economics, political science, psychology, management and organizational studies develop conceptual models and propose empirical research that illustrates the ways in which networks and geography play together in processes of innovation, learning, leadership, and power. This book is open access under a CC BY 4.0 license.
| Author | : James P. Hawley |
| Publisher | : University of Pennsylvania Press |
| Total Pages | : 351 |
| Release | : 2011-04-15 |
| Genre | : Business & Economics |
| ISBN | : 0812204646 |
Corporate governance, the internal policies and leadership that guide the actions of corporations, played a major part in the recent global financial crisis. While much blame has been targeted at compensation arrangements that rewarded extreme risk-taking but did not punish failure, the performance of large, supposedly sophisticated institutional investors in this crisis has gone for the most part unexamined. Shareholding organizations, such as pension funds and mutual funds, hold considerable sway over the financial industry from Wall Street to the City of London. Corporate Governance Failures: The Role of Institutional Investors in the Global Financial Crisis exposes the misdeeds and lapses of these institutional investors leading up to the recent economic meltdown. In this collection of original essays, edited by pioneers in the field of fiduciary capitalism, top legal and financial practitioners and researchers discuss detrimental actions and inaction of institutional investors. Corporate Governance Failures reveals how these organizations exposed themselves and their clientele to extremely complex financial instruments, such as credit default swaps, through investments in hedge and private equity funds as well as more traditional equity investments in large financial institutions. The book's contributors critique fund executives for tolerating the "pursuit of alpha" culture that led managers to pursue risky financial strategies in hopes of outperforming the market. The volume also points out how and why institutional investors failed to effectively monitor such volatile investments, ignoring relatively well-established corporate governance principles and best practices. Along with detailed investigations of institutional investor missteps, Corporate Governance Failures offers nuanced and realistic proposals to mitigate future financial pitfalls. This volume provides fresh perspectives on ways institutional investors can best act as gatekeepers and promote responsible investment.
