Once viewed as a “brain drain,” migrants are increasingly viewed as a resource for promoting economic development back in their home countries. In Investing in the Homeland, Benjamin Graham finds that diasporans—migrants and their descendants—play a critical role in linking foreign firms to social networks in developing countries, allowing firms to flourish even in challenging political environments most foreign investors shun. Graham’s analysis draws on new data from face-to-face interviews with the managers of over 450 foreign firms operating in two developing countries: Georgia and the Philippines. Diaspora-owned and diaspora-managed firms are better connected than other foreign firms and they use social ties to resolve disputes and influence government policy. At the same time, Graham shows that diaspora-affiliated firms are no more socially responsible than their purely foreign peers—at root, they are profit-seeking enterprises, not development NGOs. Graham identifies implications for policymakers seeking to capture the development potential of diaspora investment and for managers of multinational firms who want to harness diasporans as a source of sustained competitive advantage.
Former Secretary of the Department of Homeland Security Janet Napolitano offers an insightful analysis of American security at home and a prescription for the future. Created in the wake of the greatest tragedy to occur on U.S. soil, the Department of Homeland Security was handed a sweeping mandate: make America safer. It would encompass intelligence and law enforcement agencies, oversee natural disasters, commercial aviation, border security and ICE, cybersecurity, and terrorism, among others. From 2009-2013, Janet Napolitano ran DHS and oversaw 22 federal agencies with 230,000 employees. In How Safe Are We?, Napolitano pulls no punches, reckoning with the critics who call it Frankenstein's Monster of government run amok, and taking a hard look at the challenges we'll be facing in the future. But ultimately, she argues that the huge, multifaceted department is vital to our nation's security. An agency that's part terrorism prevention, part intelligence agency, part law enforcement, public safety, disaster recovery make for an odd combination the protocol-driven, tradition-bound Washington D.C. culture. But, she says, it has made us more safe, secure, and resilient. Napolitano not only answers the titular question, but grapples with how these security efforts have changed our country and society. Where are the failures that leave us vulnerable and what has our 1 trillion dollar investment yielded over the last 15 years? And why haven't we had another massive terrorist attack in the U.S. since September 11th, 2001? In our current political climate, where Donald Trump has politicized nearly every aspect of the department, Napolitano's clarifying, bold vision is needed now more than ever.
Examines the planning and budgeting processes of the United States. This title describes the planning and resource integration activities of the White House, reviews the adequacy of the structures and process and makes proposals for ways both might be reformed to fit the demands of the 21st century security environment.
In 2003, the President and the U.S. Congress established the Department of Homeland Security. From the beginning, its mission was clear: prevent terrorist attacks, protect against threats to America's safety and security, and prepare the nation to respond effectively to disasters, both natural and man-made. This monumental mission demands a comprehensive strategy. It also requires a crystal-clear explanation of that strategy to Americans and their allies worldwide. In a revealing new book, Homeland Security: Assessing the First Five Years, Michael Chertoff provides that explanation. In a refreshingly candid and engaging manner, America's former homeland security secretary depicts the department's long-term approach, what it has achieved, and what it has yet to do. The strategy begins with the threats America faces, from terrorist groups like al Qaeda to hurricanes like Ike or Gustav. "Once these threats are identified," Chertoff writes, "we can confront them, using every tool at our disposal. We can stop terrorists from entering the country, and discourage people from embracing terrorism by combating its lethal ideology. We can protect our critical assets and reduce our vulnerabilities to natural disasters. We can plan and prepare for emergencies and respond in a way that minimizes the consequences. And we can work closely with our allies abroad to reduce the risk of future disasters." In each of these areas, Chertoff informs the reader what the nation has done and what it still must do to secure its future. How well has this strategy fared in a post-9/11 world? Since that fateful day, there have been no global terror attacks on American soil. Yet in the face of continued dangers, Michael Chertoff warns repeatedly against complacency. He urges America and its leaders to strengthen their resolve, stay the course, and build creatively on past successes.
Once viewed as a “brain drain,” migrants are increasingly viewed as a resource for promoting economic development back in their home countries. In Investing in the Homeland, Benjamin Graham finds that diasporans—migrants and their descendants—play a critical role in linking foreign firms to social networks in developing countries, allowing firms to flourish even in challenging political environments most foreign investors shun. Graham’s analysis draws on new data from face-to-face interviews with the managers of over 450 foreign firms operating in two developing countries: Georgia and the Philippines. Diaspora-owned and diaspora-managed firms are better connected than other foreign firms and they use social ties to resolve disputes and influence government policy. At the same time, Graham shows that diaspora-affiliated firms are no more socially responsible than their purely foreign peers—at root, they are profit-seeking enterprises, not development NGOs. Graham identifies implications for policymakers seeking to capture the development potential of diaspora investment and for managers of multinational firms who want to harness diasporans as a source of sustained competitive advantage.
Stocks markets go up and down, but no matter what the economy is doing, people worldwide continue to drink, smoke, gamble, and fight. Why not invest in vice? Vice Fund Manager, Dan Ahrens focuses on "sin stocks"- tobacco, alcohol, adult entertainment, gambling, and aerospace/defense, contending that even during an abysmal economy, people will continue to indulge in these goods and services. In Investing in Vice, Ahrens explores all major aspects of the vice industry and provides traders and investors with: o A brief history of each principal vice industry o Strategies for building a profitable portfolio o Charts of each industry's stock performance o Instructions on how to invest in vice-pros and cons of full service brokers, managed portfolios, and mutual funds o Top Picks-of the best companies, and top stock holdings o Reasons why Socially Responsible Investing may not work With its lighthearted tone and simple approach, Investing in Vice is the ultimate defense in these troubled economic times.
How Immigrants Impact Their Homelands examines the range of economic, social, and cultural impacts immigrants have had, both knowingly and unknowingly, in their home countries. The book opens with overviews of the ways migrants become agents of homeland development. The essays that follow focus on the varied impacts immigrants have had in China, India, Cuba, Mexico, the Philippines, Mozambique, and Turkey. One contributor examines the role Indians who worked in Silicon Valley played in shaping the structure, successes, and continued evolution of India's IT industry. Another traces how Salvadoran immigrants extend U.S. gangs and their brutal violence to El Salvador and neighboring countries. The tragic situation in Mozambique of economically desperate émigrés who travel to South Africa to work, contract HIV while there, and infect their wives upon their return is the subject of another essay. Taken together, the essays show the multiple ways countries are affected by immigration. Understanding these effects will provide a foundation for future policy reforms in ways that will strengthen the positive and minimize the negative effects of the current mobile world. Contributors. Victor Agadjanian, Boaventura Cau, José Miguel Cruz, Susan Eva Eckstein, Kyle Eischen, David Scott FitzGerald, Natasha Iskander, Riva Kastoryano, Cecilia Menjívar, Adil Najam, Rhacel Salazar Parreñas, Alejandro Portes, Min Ye
Combining economics and business perspectives, this undergraduate textbook explores key principles of the world economy through a uniquely integrated lens.
Various African nations have undergone conflict situations since they gained their independence. This book focuses on particular countries that have faced conflict (civil wars and genocide) and are now in the process of rebuilding their political, economic, social, and educational institutions. The countries that are addressed in the book include: Rwanda, Mozambique, Sierra Leone, Liberia, and the Democratic Republic of the Congo. In addition, there is a chapter that addresses the role of the African Diaspora in conflict and post-conflict countries that include Eritrea, Liberia, and Somalia. The book includes an examination of the various actors who are involved in post-conflict rebuilding and reconstruction that involves internal and external participants. For example, it is clear that the internal actors involve Africans themselves as ordinary citizens, members of local and national governments, and members of non-governmental organizations. This allows the reader to understand the agency and empowerment of Africans in post-conflict reconstruction. Various institutions are addressed within the context of the roles they play in establishing governance organizations such as the Truth and Reconciliation Commission in Sierra Leone, the African Union, chiefs in Liberia, and non-governmental organizations. Furthermore, the external actors who are involved in post-conflict reconstruction are examined such as international non-governmental organizations and the African Diaspora. They both have their own constituents and agendas and can and do play a positive and negative role in post-conflict reconstruction. It is obvious that countries that are addressed in the book are in dire need of financial assistant to rebuild much needed infrastructure that was destroyed during the conflict. All of the countries covered in the book need schools, medical facilities, roads, bridges, airports, ports, and the government does not have the money to provide these. This is where the international non-governmental organizations and the African Diaspora play an important role. The chapters that address these issues are cognizant of their importance and at the same time, the authors realize that sovereignty can be undermined if Africans are not in the forefront of policy and decision making that will determine their future. There are chapters that provide a gendered analysis of post-conflict when it is appropriate. For example, it is clear that women, men, boys, and girls experienced conflict in different ways because of their gender. They all participated in the conflict in various ways. Consequently, the efforts at peace building are given a gendered analysis in terms of what has happened to women and girls in the demobilization and rehabilitation period including an excellent analysis of land reform in Rwanda and how that affects women and members of a certain ethnic group that are often overlooked in the examination of the 1994 genocide. This book provides a very good contribution to the literature on conflict and post-conflict African countries because of its depth and the vast topics it embraces. It provides an analysis of the internal and external actors, the role of gender in post-conflict decision making, and it provides the voices of ordinary Africans who were affected by the conflict, and who are determined to live productive lives.
America is still in serious trouble. There's no way all of her internal problems have been self-inflicted. Yet, many still believe: (1) ISIS and al-Qaeda are her only foes; (2) her intelligence agencies see every threat coming; and (3) her military is the best in the world at all things. This book reassesses the breakdown from a "bottom-up" perspective, as that's how Islamists, Communists, and criminals like to take over. The tiniest of clues have been collected to arrive at the most likely suspect. Such "qualitative research" is regularly used by U.S. police departments. Even "modus operandi" links to past behavior are allowed in all U.S. courts of law. After detailing the subversion, this book shows how to better combat it at street level. With kidnappings on the rise in Phoenix, it contains the most extensive study of hostage rescue ever attempted and a safer way for grunts and SWATs to quickly seize any contested building.