Economics

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Economics

 
Across the Great Divide

Contributing scholars, policymakers and practitioners met simultaneously at the Brookings Institution and the Hoover Institution to offer their analysis of the financial crisis of 2008. They discuss its causes and effects, the role played by the Federal Reserve, the concept of “too big to fail,” and resolution frameworks. Along the way, they highlight the need for policies that can adequately help us avoid and respond to future crises.


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An Agenda for Economic Reform in Korea

An Agenda for Economic Reform in Korea looks at Korea's economic problems from the perspective of the American experience with economic reforms and sheds new light on the problems of economic reform facing nations all over the world. The authors examine such issues as corporate governance, social welfare, labor relations, and other pressing challenges—and suggest a new vision for the Korean economy.


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Bits, Bytes, and Balance Sheets

This follow-up to the author's Twilight of Sovereignty explores the consequences of the changes produced by the new economy of the Internet, defining the new rules and examining some of the promising initiatives under way to create a system of measuring and valuing assets that reflects our new economic realities. Wriston shows that in today's economy, intellectual capital is more important than physical capital—and that businesses must adapt to this change or perish.


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The Burden of Government

Economic analysis of the many roles governments play in contemporary societies.


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Business Ethics in the Global Market

What special problems arise for managers and employees of companies when they do business in countries and cultures other than their own? The essays in this book identify universal principles of business ethics and spell out minimal legal and ethical absolutes in foreign trade. They examine human rights and analyze the cross-cultural aspects of two sexual harassment cases filed against Mitsubishi in America.


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Capital for Our Time

A collection of essays on solving our economic, legal, and management challenges, Capital For Our Time is among the first to bring together experts from widely different fields to address the challenges of intellectual capital. These prominent professionals discuss the impact of intellectual capital on national and corporate performance.


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Caseworkers or Police?

This book reports on a three-year study of public housing tenants and their evaluation of public housing in Wilmington, Delaware.


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Central Bank Governance and Oversight Reform

Drawn from a 2015 Hoover Institution conference, this book features distinguished scholars and policy makers’ discussing key questions about the Federal Reserve. Going beyond the widely talked about decision of whether to raise interest rates, they focus on a deeper set of questions, including, among others,

How should the Fed make decisions? How should the Fed govern its internal decision-making processes? What is the trade-off between greater Fed power and less Fed independence? And how should Congress, from which the Fed ultimately receives its authority, oversee the Fed?


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Bankruptcy Not Bailout

This book introduces and analyzes a new and more predictable bankruptcy process designed specifically for large financial institutions—Chapter 14—to achieve greater financial stability and reduce the likelihood of bailouts. The contributors identify and compare the major differences in the Dodd-Frank Title II and the proposed new procedures and outline the reasons why Chapter 14 would be more effective in preventing both financial crises and bailouts.


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Blueprint for America

Scholars at the Hoover Institution—professors, thinkers, and practitioners of global renown in their respective fields—offer a series of policy ideas that would shore up the long-term foundations of American strengths. They provide a plan for civic, economic, and security architecture in the broadest sense, describing a coherent set of ideas to take on the country's most fundamental governance challenges.


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Competing with the Government

Examining a variety of instances in which government and private firms compete, the authors raise fundamental questions about the proper relationship between business and government in a market economy and underline the need for significant policy change regarding competition between government and private firms.


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Crony Capitalism and Economic Growth in Latin America

Crony capitalism systems—in which those close to political policymakers receive favors allowing them to earn returns far above market value—are a fundamental feature of the economies of Latin America. Haber and his expert contributors draw from case studies in Mexico, Brazil, and other countries around the world to examine the causes and consequences of cronyism.


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Currency Unions

Currency Unions reviews the traditional case for flexible exchange rates and "countercyclical"—that is, expansionary during recessions and contractionary in booms—monetary policy, and shows how flexible exchange rate regimes can better insulate the economy from such real disturbances as terms-of-trade shocks. The book also looks at the pitfalls of flexible exchange rates—and why fixed rates, particularly full dollarization—might be a more sensible choice for some emerging-market countries. The contributors also detail the factors that determine the optimal sizes of currency unions, explain how currency union greatly expands the volume of international trade among its members, and examine the recent implementation of dollarization in Ecuador.


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Democracy and the Korean Economy

This book describes and explains the effect democratic change has had on Korean economic policy and its economy. It explains how conflicts over economics have evolved in major policy areas and which economic factors have been important in resolving these conflicts, with a close look at chaebols, their market positions and political influence.


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The Debate in the United States over Immigration

These essays examine economic, political, social, and legal issues related to immigration into the United States—from compelling arguments for limited immigration to forceful arguments for open borders. They assess the benefits and costs of immigration and its impact on education, social welfare, and health care.


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