A valuable guide to the essential elements of modern financial systems This book offers you a unified theory of modern financial system activity. In it, author Edwin Neave distills a large body of literature on financial systems, the institutions that comprise the systems, and the economic impacts of the systems' operation. Through non-technical summaries, Neave provides you with a primer on how financial systems work, as well as how the many parts of any financial system relate to each other. He does so in a straightforward manner, with an emphasis on economic principles and the relationship between various aspects of financial system activity. Discusses financial governance and explains how financial markets and institutions complement each other Identifies the economic forces at work within financial systems and explores how they determine system organization and change Offers a theoretical survey of financial activity and its application to numerous practical situations Explains both static financial system organization and the dynamics of financial system evolution Following a non-technical approach, this book skillfully explores how financial systems work, as well as how the many parts of any financial system relate to each other.
As the world's financial markets become increasingly integrated and competitive Financial Systems: Principals and Organization offers an explanation of how and why change occurs. Data from four major financial systems are used to highlight principal financial system features. There is also a detailed exploration of the economic principles behind financial deals. It also offers: * Wider scope than other books on the subject making it an ideal introductory text * More up-to-date economic explanations * An international overview of US, Pacific and European economies This book has already been adopted by the Canadian Institute of Bankers for its financial systems course offered worldwide. Financial Systems will be invaluable reading for students and professionals alike.
Originally published in 1991, The Economic Organisation of a Financial System develops a descriptive theory of a financial system’s organisation and functions and applies the theory of organisational economics to the study of a financial system. The book attempts to reconcile neoclassical financial theory and managerial finance by synthesising the main findings of these studies within an institutional economics framework. The book helps to relate the complementary perspectives of current theory and current practice and aims to strengthen the relations between both theory and practice. The book’s contents provide a detailed illustration of how organisational economics can be put to work.
WHO IS MY DAD? Des is 9 years old - wild, when he's not charming. He lives with his mum and Almost, (who is almost - but not entirely his dad) in Fourways, a rundown flat in a London Tower block, needing crucial repairs, unlikely to be carried out anytime soon by Mr Next-Week, the Warden. Where is his dad? His mum doesn't know and doesn't want to know; which makes Des all the more determined to find him.As his wild nature unintentionally turns Des into a TV actor, will it help him to find his dad - or will it make or break his mum's relationship with Almost?
Financial Economics, by Frank Fabozzi, Ted Neave, and Gaofu Zhou, presents an introduction to basic financial ideas through a strong grounding in microeconomic theory. This calculus based text explores the theoretical framework for analyzing the decisions by individuals and managers of firms, an area which is coming to both financial economics and microeconomics. It also explores the interplay of these decisions on the prices of financial assets. The authors provide rigorous coverage aimed at assisting the undergraduate and masters-level students to better understand the principles and practical application of financial economic theory. In addition, the book serves as a supplemental reference for doctoral students in economics and finance, as well as for practitioners who are interested in knowing more about the theory and intuition behind many coming practices in finance. In short, the book focuses on economic principles and on putting these principles to work in the various fields of finance - financial management, investment management, risk management, and asset and derivatives pricing.
This book argues that the mass party emerged as the product of two distinct but related 'primitive accumulations' - the dismantling of communal land tenure and the corresponding dispossession of means of local administration. It illustrates this argument by studying the party central to one of the longest regimes of the 20th century - the Partido Revolucionario Institucional (PRI) in Mexico, which emerged as a mass party during the 1930s and 1940s. I place the PRI in comparative perspective, studying the failed emergence of Bolivsia's Movimiento Nacionalista Revolucionario (MNR) (1952-1964), attempted under similar conditions as the Mexican case. Why was party emergence successful in one case but not the other? As the book shows, the PRI emerged as a mass party in areas in Mexico where land privatization was more intensive and communal village government was weakened, enabling the party's construction and subsequent absorption of peasant unions and organizations. To the extent that the MNR's saw organizational successes, these were limited precisely to areas in Bolivia with similar agrarian structures as those where the PRI succeeded in Mexico. Ultimately, the overall strength of communal property holding and concomitant traditional political authority structures blocked the emergence of the MNR as a mass party. In the parts of Mexico and Bolivia where economic and political expropriation was more pronounced, there was a critical mass of individuals available for political organization, with articulatable interests, and a burgeoning cast of professional politicians, that facilitated connections between the party and the peasantry. The opposite occurred in the areas of the countries were communal property and governmental forms were stronger"--
Indiscreet Memories is one Englishman’s true account of life in Singapore from 1901 to 1904. We learn about balls at Government House, rickshaw strikes, and tigers causing havoc in Chinatown; and how historical events such as the death of Queen Victoria and the decision by Straits-born Chinese to discard their towchang (queues) affected the society of the day.
The colourful and chequered history of Singapore's foremost tertiary institution from the time it began as a medical school in 1905 to what it is today, is engagingly recounted in this book, along with anecdotes of famous and colourful characters who have studied or taught there, and illustrations, which are generously peppered throughout the book.
Assimilation?s Agent reveals the life and opinions of Edwin L. Chalcraft (1855?1943), a superintendent in the federal Indian boarding schools during the critical periodøof forced assimilation in the late nineteenth and early twentieth centuries. Chalcraft was hired by the Office of Indian Affairs (now known as the Bureau of Indian Affairs) in 1883. During his nearly four decades of service, he worked at a number of Indian boarding schools and agencies, including the Chehalis Indian School in Oakville, Washington; Puyallup Indian School in Tacoma, Washington; Chemawa Indian School in Salem, Oregon; Wind River Indian School in Wind River, Wyoming; Jones Male Academy in Hartshorne, Oklahoma; and Siletz Indian Agency in Oregon. In this memoir Chalcraft discusses the Grant peace policy, the inspection system, allotment, the treatment of tuberculosis, corporal punishment, alcoholism, and patronage. Extensive coverage is also given to the Indian Shaker Church and the government?s response to this perceived threat to assimilation. Assimilation?s Agent illuminates the sometimes treacherous political maneuverings and difficult decisions faced by government officials at Indian boarding schools. It offers a rarely heard and today controversial "top-down" view of government policies to educate and assimilate Indians. Drawing on a large collection of unpublished letters and documents, Cary C. Collins?s introduction and notes furnish important historical background and context. Assimilation?s Agent illustrates the government's long-term program for dealing with Native peoples and the shortcomings of its approach during one of the most consequential eras in the long and often troubled history of American Indian and white relations.
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