The principles of global economics in easy-to-understand terms! The news is full of accounts of the rise and fall of economies around the world, but you may not know how these changes can affect your life. 101 Things Everyone Needs to Know about the Global Economy takes the basics of global economics and breaks them into ten straightforward chapters. From the organizations involved and trade imbalances to global risk and foreign investment, Dr. Michael Taillard describes the world markets in terms that you can recognize. You'll also learn how these matters affect the United States and your own financial future. With 101 Things Everyone Needs to Know about the Global Economy, you get the information you need to not only protect your finances, but also reap the benefits of other nations' wealth and resources.
The principles of global economics in easy-to-understand terms! The news is full of accounts of the rise and fall of economies around the world, but you may not know how these changes can affect your life. 101 Things Everyone Needs to Know about the Global Economy takes the basics of global economics and breaks them into ten straightforward chapters. From the organizations involved and trade imbalances to global risk and foreign investment, Dr. Michael Taillard describes the world markets in terms that you can recognize. You'll also learn how these matters affect the United States and your own financial future. With 101 Things Everyone Needs to Know about the Global Economy, you get the information you need to not only protect your finances, but also reap the benefits of other nations' wealth and resources.
Economics, demystified! From the collapse of housing prices to the thousand-point drops in the stock market, the past has been full of economic crises. These changes not only affect the overall market—they can also drastically influence your personal finances and day-to-day life. In this easy-to-understand guide, Peter Sander explains how the financial system works, as well as the most important concepts, terms, and programs in economics. Using simple language, he details how the evolving climate will affect world economies—and what kind of shifts you are going to see in your finances as a result. In this updated edition, Sander also includes valuable information on: -The housing market and what it may do in the future -The impact of Obamacare on the economy -The scope of the Great Recession and how the U.S. is still struggling to recover -How to take advantage of the economy as it begins to rise again An essential guide, 101 Things Everyone Should Know about Economics, 2nd Edition helps you fully understand today's economy and shows you how to secure your financial future even as the market changes.
Economics, demystified! From the collapse of housing prices to the thousand-point drops in the stock market, the past five years have been full of economic crises. These changes not only affect the overall market--they can also drastically influence your personal finances and day-to-day life. In this easy-to-understand guide, Peter Sander explains how the financial system works, as well as the most important concepts, terms, and programs in economics. Using simple language, he details how the evolving climate will affect world economies--and what kind of shifts you are going to see in your finances as a result. In this updated edition, Sander also includes valuable information on: The housing market and what it may do in the future The impact of Obamacare on the economy The scope of the Great Recession and how the U.S. is still struggling to recover How to take advantage of the economy as it begins to rise again An essential guide, 101 Things Everyone Should Know about Economics, 2nd Edition helps you fully understand today's economy and shows you how to secure your financial future even as the market changes.
Crossing Borders helps students develop a framework for understanding the various disciplines that constitute international studies by exploring the many boundaries they knowingly (and unknowingly) cross on a daily basis. Renowned authors Harry I. Chernotsky and Heidi H. Hobbs address the diverse fields of international studies—geography, politics, economics, sociology, and anthropology—giving instructors a launching point to pursue their own disciplinary interests. This bestseller not only helps students to better grasp international affairs, but also offers advice on how they can engage with global issues through study abroad, internships, and career options. Updated thoroughly to reflect recent events and trends, the Fourth Edition assesses the COVID-19 pandemic; the use of social media to interfere in elections; the role of China in trade, investment, and finance; and the tensions surrounding persistent racial and gender inequities around the world. Included with this text The online resources for your text are available via the password-protected Instructor Resource Site.
#1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.
Why are some countries rich and others poor? In 1500, the income differences were small, but they have grown dramatically since Columbus reached America. Since then, the interplay between geography, globalization, technological change, and economic policy has determined the wealth and poverty of nations. The industrial revolution was Britain's path breaking response to the challenge of globalization. Western Europe and North America joined Britain to form a club of rich nations by pursuing four polices-creating a national market by abolishing internal tariffs and investing in transportation, erecting an external tariff to protect their fledgling industries from British competition, banks to stabilize the currency and mobilize domestic savings for investment, and mass education to prepare people for industrial work. Together these countries pioneered new technologies that have made them ever richer. Before the Industrial Revolution, most of the world's manufacturing was done in Asia, but industries from Casablanca to Canton were destroyed by western competition in the nineteenth century, and Asia was transformed into 'underdeveloped countries' specializing in agriculture. The spread of economic development has been slow since modern technology was invented to fit the needs of rich countries and is ill adapted to the economic and geographical conditions of poor countries. A few countries - Japan, Soviet Russia, South Korea, Taiwan, and perhaps China - have, nonetheless, caught up with the West through creative responses to the technological challenge and with Big Push industrialization that has achieved rapid growth through investment coordination. Whether other countries can emulate the success of East Asia is a challenge for the future. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.
This book illustrates how global economic progress has reached its upper limit under the current economic paradigm, and how the next major revolution in global progress will rely on our ability to tap into the collective knowledge of the “everyday genius” to drive innovation, free market competition, artistic influence, and other advances that will allow humanity to overcome its greatest challenges. This volume proposes a grant-based program that will allow innovators to pursue their passions and benefit society as a whole. Such a program will reflect the end of the industrial age, when technology is satisfying many basic needs and creating space for individuals to pursue meaningful, fulfilling careers with the potential to improve our quality of life. Our current economic state mirrors the beginnings of the Agricultural Revolution and Industrial Revolution, and Aspirational Revolution shows how the immediate future will redefine what it means to be human by revolutionizing the manner in which we acquire and utilize the resources necessary for our continued survival. This book is the catalyst by which this transition will occur, providing the models upon which new paradigms will be built – a brand new conception of fundamental economic theory.
MAKE YOUR MONEY WORK FOR YOU by matching your spending and investments to your values CONTROL YOUR SPENDING BEHAVIOUR by gathering and tracking financial information efficiently SIMPLIFY YOUR FINANCIAL MANAGEMENT by learning to use the right tools effectively REALIZE YOUR SAVINGS GOALS by understanding what you want to and can achieve Introducing Personal Finance, by economics expert Michael Taillard, teaches you everything you need to know about managing your financial life. It’s crammed full of practical advice on how to save, earn and get the most out of your money.
Finance is the study of how individuals, institutions, governments, and businesses acquire, spend, and manage their money and other financial assets to maximize their value or wealth. Fundamentals of Finance introduces the nuances of finance in a comprehensive yet concise manner and is essential reading for professionals building a career in finance or for students taking a course in finance. The book consists of four parts: Part I: "Introduction to Finance, Money and Interest Rates, and Time Value of Money" focuses on the role financial markets play in the financial system and financial basics that underlie how markets operate. Part II: "Investments and Portfolio Management" discusses the characteristics of stocks and bonds, how securities are valued, the operations of securities markets, formation of optimal portfolios, and derivatives. Part III: "Financial Management/Corporate Finance" explores financial planning, asset management, and fund-raising activities that will enhance a firm’s value. Part IV: "Management of Financial Institutions" focuses on management of financial institutions in general, and risk management in financial institutions in particular. The book’s many examples, appendices, graphs and tables provide valuable know-how to a wide audience, making it an excellent resource for professionals as well as students who wish to attain a broad understanding of finance. Please contact [email protected] to request additional instructional material comprising a chapter-wise listing of questions and answers.