Small Firm Finance And The Political Economy Of Risk

Author : Charlie Dannreuther,Oliver Kessler
Publisher : Unknown
Page : 288 pages
File Size : 53,7 Mb
Release : 2009-08-15
Category : Great Britain
ISBN : 0415459370

Get Book

Small Firm Finance and the Political Economy of Risk by Charlie Dannreuther,Oliver Kessler Pdf

This co-authored book pursues three interdependent objectives: firstly, it provides an historical analysis of the problem of SME finance in the UK; secondly, it deepens our understanding of the impact of economic ideas in governance and finally, it contributes theoretical debates over the relationship between power and knowledge by highlighting the significance of non-knowledge. By showing how ideas shaped the boundaries between national/international and state/economy, this volume deepens our understanding of the institutional dynamics of the British economy. As well as addressing debates in international political economy, monetary economics and management the book will also be of interest to those interested in politics, institutional analysis and the sociology of knowledge.

Author : Tamir Agmon
Publisher : Free Press
Page : 120 pages
File Size : 46,5 Mb
Release : 1985
Category : Business & Economics
ISBN : UOM:39015009315600

Get Book

Political Economy and Risk in World Financial Markets by Tamir Agmon Pdf

Author : Putri Swastika,Abbas Mirakhor
Publisher : Springer Nature
Page : 150 pages
File Size : 41,6 Mb
Release : 2021-09-13
Category : Social Science
ISBN : 9783030826420

Get Book

Applying Risk-Sharing Finance for Economic Development by Putri Swastika,Abbas Mirakhor Pdf

This book examines the application of risk-sharing finance as a national economic policy in history and how it stimulated economic recovery during a short period in Germany between 1933 and 1935. Economic history indicates that risk-sharing instruments have promoted socio-economic development in many parts of the world while risk-shifting methods have imposed huge socio-economic costs on many nations, leading to debt slavery on individual members. This book highlights lessons to be learned from history and argues that risk-sharing is a powerful tool for generating rapid economic recovery and resumption of growth.

Author : Thorsten Beck,Asli Demirguc-Kunt,Luc Laeven
Publisher : Unknown
Page : 128 pages
File Size : 42,8 Mb
Release : 2008
Category : Electronic
ISBN : OCLC:1030873661

Get Book

Finance, Firm Size, and Growth by Thorsten Beck,Asli Demirguc-Kunt,Luc Laeven Pdf

Although research shows that financial development accelerates aggregate economic growth, economists have not resolved conflicting theoretical predictions and ongoing policy disputes about the cross-firm distributional effects of financial development. Using cross-industry, cross-country data, the results are consistent with the view that financial development exerts a disproportionately positive effect on small firms. These results have implications for understanding the political economy of financial sector reform.

Author : Rassoul Yazdipour
Publisher : Springer
Page : 208 pages
File Size : 53,7 Mb
Release : 1991-02-28
Category : Business & Economics
ISBN : UVA:X001925366

Get Book

Advances in Small Business Finance by Rassoul Yazdipour Pdf

Advances in small business finance / R. Yazdipour, ed. lit.

Author : Iain McMenamin
Publisher : OUP Oxford
Page : 192 pages
File Size : 46,8 Mb
Release : 2013-01-31
Category : Political Science
ISBN : 9780191643989

Get Book

If Money Talks, What Does it Say? by Iain McMenamin Pdf

Why do businesses contribute to political parties? Is money a universal language? Do business contributions to political parties convey different messages in different countries? This book answers these questions based on intensive case studies of Australia, Canada, and Germany, as well as data from other countries. Business money does talk politics. In liberal Australia and Canada, the competitive short-term focus of firms generated substantial demand for private goods that could help firms develop an advantage over their rivals. Thus, business financing of parties conveyed a pragmatic message: in exchange for small but certain financial benefits, contributing businesses expect, as a reciprocation, to receive special consideration of their lobbying efforts. Australia's left-right party system created an awareness of policy risk, which motivated ideological payments, but there was no ideological bias in business financing of politics in centrist Canada. In Germany's co-ordinated economy, the most important policies for firms tend to be the public goods defined, championed, and delivered by their business associations. In this context, the pragmatic motivation for contributions to political parties is weak. The combination of consensual political institutions and constrained parties means there is a very low risk of major policy change from election to election. So, there is also little interest in ideological financing of political parties. If money talks, what does it say? places business financing of political parties in the context of debates about political corruption and offers advice on political reform. Comparative Politics is a series for students, teachers, and researchers of political science that deals with contemporary government and politics. Global in scope, books in the series are characterised by a stress on comparative analysis and strong methodological rigour. The series is published in association with the European Consortium for Political Research. For more information visit: www.ecprnet.eu The Comparative Politics series is edited by Professor David M. Farrell, School of Politics and International Relations, University College Dublin, Kenneth Carty, Professor of Political Science, University of British Columbia, and Professor Dirk Berg-Schlosser, Institute of Political Science, Philipps University, Marburg.

Author : Fred Block,Robert Hockett
Publisher : Verso Books
Page : 337 pages
File Size : 51,9 Mb
Release : 2022-02-08
Category : Political Science
ISBN : 9781839762697

Get Book

Democratizing Finance by Fred Block,Robert Hockett Pdf

What if our financial system were organized to the benefit of the many rather than simply empowering the few? Robert Hockett and Fred Block argue that an entirely different financial system is both desirable and possible. They outline concrete steps that could get us there. Financial systems move the worlds savings from investment to investment, chasing the highest rates of return. They run on profit. But what if investment went to the enterprises or institutions that provided things that the majority of people would prioritize? Democratizing Finance includes six responses that seek to amend, elaborate, and challenge the arguments developed by Hockett and Block. Some of the core arguments put forward by other contributors include calls for the rapid elimination of private financial entities, the dilemmas of the politics associated with financial reforms, and the fate of parallel proposals advanced in the US in the 1930s.

Author : Anil Hira,Norbert Gaillard,Theodore H. Cohn
Publisher : Springer
Page : 252 pages
File Size : 52,5 Mb
Release : 2019-04-16
Category : Political Science
ISBN : 9783030056803

Get Book

The Failure of Financial Regulation by Anil Hira,Norbert Gaillard,Theodore H. Cohn Pdf

“This publication could not be more timely. Little more than a decade after the global financial crisis of 2008, governments are once again loosening the reins over financial markets. The authors of this volume explain why that is a mistake and could invite yet another major crisis.” —Benjamin Cohen, University of California, Santa Barbara, USA “Leading political scientists from several generations here offer historical depth, as well as sensible suggestions about what reforms are needed now.” —John Kirton, University of Toronto, Canada, and Co-founder of the G7 Research Group “A valuable antidote to complacency for policy-makers, scholars and students.” —Timothy J. Sinclair, University of Warwick, UK This book examines the long-term, previously underappreciated breakdowns in financial regulation that fed into the 2008 global financial crash. While most related literature focuses on short-term factors such as the housing bubble, low interest rates, the breakdown of credit rating services and the emergence of new financial instruments, the authors of this volume contend that the larger trends in finance which continue today are most relevant to understanding the crash. Their analysis focuses on regulatory capture, moral hazard and the reflexive challenges of regulatory intervention in order to demonstrate that financial regulation suffers from long-standing, unaddressed and fundamental weaknesses.

Author : Edward LiPuma,Benjamin Lee
Publisher : Duke University Press
Page : 224 pages
File Size : 44,8 Mb
Release : 2004-09-08
Category : Business & Economics
ISBN : 9780822386124

Get Book

Financial Derivatives and the Globalization of Risk by Edward LiPuma,Benjamin Lee Pdf

The market for financial derivatives is far and away the largest and most powerful market in the world, and it is growing exponentially. In 1970 the yearly valuation of financial derivatives was only a few million dollars. By 1980 the sum had swollen to nearly one hundred million dollars. By 1990 it had climbed to almost one hundred billion dollars, and in 2000 it approached one hundred trillion. Created and sustained by a small number of European and American banks, corporations, and hedge funds, the derivatives market has an enormous impact on the economies of nations—particularly poorer nations—because it controls the price of money. Derivatives bought and sold by means of computer keystrokes in London and New York affect the price of food, clothing, and housing in Johannesburg, Kuala Lumpur, and Buenos Aires. Arguing that social theorists concerned with globalization must familiarize themselves with the mechanisms of a world economy based on the rapid circulation of capital, Edward LiPuma and Benjamin Lee offer a concise introduction to financial derivatives. LiPuma and Lee explain how derivatives are essentially wagers—often on the fluctuations of national currencies—based on models that aggregate and price risk. They describe how these financial instruments are changing the face of capitalism, undermining the power of nations and perpetrating a new and less visible form of domination on postcolonial societies. As they ask: How does one know about, let alone demonstrate against, an unlisted, virtual, offshore corporation that operates in an unregulated electronic space using a secret proprietary trading strategy to buy and sell arcane financial instruments? LiPuma and Lee provide a necessary look at the obscure but consequential role of financial derivatives in the global economy.

Author : Charlie Dannreuther,Lew Perren
Publisher : Psychology Press
Page : 234 pages
File Size : 52,8 Mb
Release : 2013
Category : Business & Economics
ISBN : 9780415198561

Get Book

The Political Economy of the Small Firm by Charlie Dannreuther,Lew Perren Pdf

Fusing theories from political science, management and linguistics, Dannreuther and Perren assert that the idea of the small firm is an important discursive resource used by political actors to legitimise their actions, influence their citizens and help sustain regimes of accumulation. On top of this, the authors also empirically test their claims against 200 years of UK parliamentary debate, from the Industrial Revolution to the Blair government.

Author : Cheng-Few Lee,John Lee
Publisher : Springer Science & Business Media
Page : 1700 pages
File Size : 40,5 Mb
Release : 2010-06-14
Category : Business & Economics
ISBN : 9780387771175

Get Book

Handbook of Quantitative Finance and Risk Management by Cheng-Few Lee,John Lee Pdf

Quantitative finance is a combination of economics, accounting, statistics, econometrics, mathematics, stochastic process, and computer science and technology. Increasingly, the tools of financial analysis are being applied to assess, monitor, and mitigate risk, especially in the context of globalization, market volatility, and economic crisis. This two-volume handbook, comprised of over 100 chapters, is the most comprehensive resource in the field to date, integrating the most current theory, methodology, policy, and practical applications. Showcasing contributions from an international array of experts, the Handbook of Quantitative Finance and Risk Management is unparalleled in the breadth and depth of its coverage. Volume 1 presents an overview of quantitative finance and risk management research, covering the essential theories, policies, and empirical methodologies used in the field. Chapters provide in-depth discussion of portfolio theory and investment analysis. Volume 2 covers options and option pricing theory and risk management. Volume 3 presents a wide variety of models and analytical tools. Throughout, the handbook offers illustrative case examples, worked equations, and extensive references; additional features include chapter abstracts, keywords, and author and subject indices. From "arbitrage" to "yield spreads," the Handbook of Quantitative Finance and Risk Management will serve as an essential resource for academics, educators, students, policymakers, and practitioners.

Author : Galip Yalman,Thomas Marois,Ali R?za Güngen
Publisher : Routledge
Page : 304 pages
File Size : 42,9 Mb
Release : 2018-10-03
Category : Business & Economics
ISBN : 9781317364696

Get Book

The Political Economy of Financial Transformation in Turkey by Galip Yalman,Thomas Marois,Ali R?za Güngen Pdf

This volume provides a comprehensive study of Turkey’s financial transformation into one of the most dynamic, if not trouble-free, emerging capitalisms. While this financial evolution has underwritten Turkey’s dramatic economic growth, it has done so without ameliorating the persistently exploitative and unequal social structures that characterize neoliberalism today. This edited volume, written by an interdisciplinary range of political economists, critically examines Turkey’s financial transformation, contributing to debates on the nature of peripheral financialization. Eschewing economistic interpretations, The Political Economy of Financial Transformation in Turkey underscores both the quantitative significance of exponential growth in financial flows and investments, and the qualitative importance of the state’s institutional restructuring around financial imperatives. The book presents today’s reality as historically rooted. By understanding the choices made under the new Republic (from 1923 onwards), one can better locate the changes launched as a newly liberalizing society (since 1980). Likewise, the decisions made in response to Turkey’s 2001 financial crisis spurred a tectonic break in state–market–society financial relations. The waves of change have reached far and wide: from corporate strategies of accumulation and growth to small- and medium-sized enterprises’ strategies of financial survival; from how finance has penetrated the provisioning of housing to how households have become financialized. Put together, one grasps the complexity and historicity of the power of contemporary finance. One also sees that the changes made have not been class-neutral, but have entailed elevating the interests of major capital groups, particularly financial capital, above the interests of the poor and workers in Turkey. Nor are these changes constrained to its national borders, as what transpires domestically contributes to the making of a financialized world market. Through this ‘Made in Turkey’ approach the contributions in this volume thus challenge dominant understandings of financialization, which are derived from the advanced capitalisms, by sharing the specificity of emerging capitalisms such as Turkey.

Author : Emily Jones
Publisher : Oxford University Press
Page : 400 pages
File Size : 48,9 Mb
Release : 2020-03-12
Category : Political Science
ISBN : 9780192579232

Get Book

The Political Economy of Bank Regulation in Developing Countries: Risk and Reputation by Emily Jones Pdf

This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. International banking standards are intended for the regulation of large, complex, risk-taking international banks with trillions of dollars in assets and operations across the globe. Yet they are being implemented in countries with nascent financial markets and small banks that have yet to venture into international markets. Why is this? The Political Economy of Bank Regulation in Developing Countries: Risk and Reputation explores the politics of banking regulation in eleven countries across Africa, Asia, and Latin America. It shows how financial globalization generates strong reputational and competitive incentives for developing countries to converge on international standards. Politicians, regulators, and large banks in developing countries implement international standards to attract international investment, bolster their professional standing, and further integrate their countries into global finance. Convergence is not inevitable or uniform: implementation is often contested and regulators adapt international standards to the local context. This book contributes to our understanding of the ways in which governments and firms in the core of global finance powerfully shape regulatory decisions in the periphery, and the ways that governments and firms from peripheral developing countries manoeuvre within the constraints and opportunities created by financial globalization.

Author : Gerald A. Epstein
Publisher : Edward Elgar Publishing
Page : 472 pages
File Size : 50,6 Mb
Release : 2005-01-01
Category : Business & Economics
ISBN : 1781008264

Get Book

Financialization and the World Economy by Gerald A. Epstein Pdf

The final section offers ideas for policy responses, including capital controls and securities transaction taxes."--BOOK JACKET.

Author : Charles R. Kennedy
Publisher : Greenwood
Page : 192 pages
File Size : 54,5 Mb
Release : 1987
Category : Corporations, American
ISBN : UCSD:31822003419918

Get Book

Political Risk Management by Charles R. Kennedy Pdf

This work compresses much of the established literature on risk and investment-business strategy. While it may not offer new direction, it succeeds in bringing together the perspectives of international finance, rooted in country risk analysis, with those of broader social science. It focuses the reader's attention on the political and social forces directly impacting on business operations. This, this book serves as an excellent literature review for academics, and helps the strategic planner in business get a grip on the political risk literature from a multidisciplinary perspective. It deserves a prominent place in the political risk/international business environment literature. The International Executive