Book Description
America’s Bubble Economy is the first book to focus on several simultaneous financial bubbles that are interacting to temporarily boost—and ultimately threaten—the United States and world economies. Filled with expert analysis and straight talk, this book will show you how to turn the coming economic transformation into a once-in-a-lifetime wealth-building opportunity.
Customer Reviews:
Big on assertions, little on proofs or data.......2007-08-09
The authors make a common mistake of talking about numbers (like federal deficits) in absolute terms. These numbers are always big, and create an immediate feeling they must be bad. Compared to our GNP and our national return on assets, how much debt is good, and how much is bad? Unfortunately these questions are never addressed by the authors. The authors make many "self-evident" assertions, and then create scenerios based upon these assertions. Don't look to this book for involved analysis on why the assertions might be true. Buy this book if you are already convinced and want some very general ideas on how to deal with bubbles.
An "Easy Read" (repetitive and simplistic).......2007-04-25
"America's Bubble Economy" tells us what we already have heard countless times - the stock market, consumer spending, home values, the trade deficit, consumer debt, and the government deficit are all UP SHARPLY! Japan and China now hold our future in their hands!
Recommendations include 1)avoid real estate, except for personal use (why not also recommend renting?), buy gold, commodities, and Euros (won't that create new bubbles?), stash cash in short-term funds, avoid jobs in the capital sector (most have already moved to China; what about service jobs vulnerable to India?), and become employed in healthcare or transportation (what about the current slide in trucking jobs and President Bush's efforts to let Mexican truckers in?).
Yes, I do think we have serious problems - however, "America's Bubble Economy" is too simplistic.
Colladoproperties.com.......2007-03-28
There are five bubbles in the economy, and thats not including the false promises of Social security and medicare.
Its not even including the fact that we are in peak oil.
The reality is that we have Real Estate overpriced and beginning to fall towards a crash.
The dollar approaching 80, after that its a spiral downward.
Consumer Debt is at its highest in history. People are litteraly in debt to their eyeballs.
An international trade deficit with China that may well make us one of the poorest nation in the coming future.
A national Debt of 7 billion/week.
Do not ignore the warning signs.
This book will tell you how to get prepaired.
Bleak view of the US economy, and sadly, completely accurate........2007-02-15
I've read several books recently about profiting from real estate, economic theory, the future of the US economy, etc, and I am more than a little freaked out to report that this book is both the most scary of the bunch and is also panning out to be the most accurate.
I've been recommending "America's Bubble Economy" relentlessly to my friends, and I've changed my investment strategies accordingly. Now I cross my fingers, bite my nails, and hope that Wiedemer, against all common sense and logic, is overexaggerating.
Great Analysis.......2007-01-04
Great Analysis! Am not sure that I agree with all of the conclusions, only time will tell.
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Business Groups in East Asia: Financial Crisis, Restructuring, and New Growth
Manufacturer: Oxford University Press, USA
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ASIN: 0199287341 |
Book Description
The 1997 Asian Crisis principally affected Thailand, Indonesia, Malaysia, and Korea, as well as other East Asian countries heavily dependent on intra-regional trade. Banks and other financial institutions quickly become insolvent, and heavily indebted industrial firms went bankrupt. Many of these firms were affiliated with the business groups of this region, yet most groups did not immediately collapse, indeed they proved remarkably robust, some surviving and even prospering. This book examines these East Asian business groups and their subsequent restructuring following the Asian Crisis. East Asian nations embarked on very different trajectories to this common external shock. The Asian Crisis affected the inter-relationships among the socio-cultural environment, the state, and the market of each country quite differently and had distinct effects on the operations of these countries' business groups. This slow yet divergent pattern of development provides evidence against theories of rapid global convergence. Yet East Asian business groups face an uncertain future. Foreign investors' influence has increased substantially since the crisis, as East Asian governments had to accommodate their demands to keep attracting foreign capital. Governments supervise banks more closely and have loosened restrictions on mergers and hostile takeovers, further strengthening the discipline of the market. Various entry barriers that had inhibited foreign multinationals from competing in national markets were lifted, exposing business groups to intensified foreign competition. Under these new conditions, business groups in East Asia should reconfigure their business structures and adjust their corporate governance systems to regain momentum for further growth. Business groups will continue to be important vehicles for the sustained future growth of this region, and this book presents a substantial amount of new data on this, which will be of interest to academics, researchers, and advanced students of East Asian business, and business practitioners working within the region.
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The Politics of the New International Financial Architecture: Reimposing Neoliberal Domination in the Global South
Susanne Soederberg
Manufacturer: Zed Books
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ASIN: 1842773798
Release Date: 2005-01-13 |
Book Description
Recent years have witnessed a veritable epidemic of financial crises--from Mexico, through South East Asia, Russia, Brazil and now Argentina. The rich industrial countries, led by the United States, have had to respond. This book examines the G7's attempts over the past decade to re-establish rules and a degree of order in the world financial system through the creation of the Financial Stability Forum and the G20, which they are calling the New International Financial Architecture. Susanne Soederberg asks: Why has the New International Financial Architecture emerged? At whose initiative? What does it involve? What are the underlying power relations? Who is benefiting? And, will it really work? The author argues that this tinkering with the capitalist system will not achieve either sustained economic growth or stability in financial markets, let alone enhance the capability of developing countries to tackle the problems of mass poverty and social injustice.
Book Description
The Asian crisis has sparked a thoroughgoing reappraisal of current international financial norms, the policy prescriptions of the International Monetary Fund, and the adequacy of the existing financial architecture. To draw proper policy conclusions from the crisis, however, it is necessary to understand its domestic politics. In this study, political scientist Stephan Haggard focuses on the most seriously affected countries-Indonesia, Korea, Malaysia, and Thailand-while also drawing lessons from those economies, such as Taiwan, that escaped the most severe distress.
Haggard focuses on the political economy of the crisis, emphasizing the longer-run problems of moral hazard and corruption, the politics of crisis management and the political consequences of severe economic downturn. Looking forward, he focuses on two critical policy issues: changes in social safety nets in the crisis countries and efforts at corporate and financial restructuring.
Download Description
The Asian crisis has sparked a thoroughgoing reappraisal of current international financial norms, the policy prescriptions of the International Monetary Fund, and the adequacy of the existing financial architecture. To draw proper policy conclusions from the crisis, however, it is necessary to understand its domestic politics. In this study, political scientist Stephan Haggard focuses on the most seriously affected countries-Indonesia, Korea, Malaysia, and Thailand-while also drawing lessons from those economies, such as Taiwan, that escaped the most severe distress. Haggard focuses on the political economy of the crisis, emphasizing the longer-run problems of moral hazard and corruption, the politics of crisis management and the political consequences of severe economic downturn. Looking forward, he focuses on two critical policy issues: changes in social safety nets in the crisis countries and efforts at corporate and financial restructuring.
Customer Reviews:
Journalistic title from famous scholar.......2001-04-11
Haggard has a good name in East Asia field. but this title disappointed me. it's not that scholarstic but journalistic. what are enumerated on his book is not new or insightful at all to asian specialist. if you have read articles on Asia from FT or Wall Street Journal, The Economist, You should know what I mean. at best this book is no more than enlarged The Economist.
Great Resource.......2001-02-13
This is an excellent resource for both political economics and Asian studies students. Following currency devaluation through the creation of the crisis and its development across the intertwined economies of Southeast Asia. Making rational decisions about Asian markets requires in-depth knowledge of the first fall to avoid the repercussive aftershocks which will continue to follow.
Book Description
Written by leading economists including Nobel laureate Joseph Stiglitz, this collection combines rigorous economic analysis with insider perspectives on key policy debates surrounding the future of the International Monetary Fund. As the role of the IMF and the "Washington Consensus" have come under intense scrutiny, this collection offers a valuable wide-ranging overview of the debate, making it an essential reference for anyone interested in the role of international financial institutions in our globalized economy.
Book Description
Despite the hype, the technology bubble of the 1990s was not driven by the Internet. It was driven by innate human forces that transcend the Internet, the 1990s the 20th century, and the United States. Since the 1960s, there has rarely been a year with out a bubble somewhere. Today we see bubbles in China, nano-technology, real estate, and many more are on the way.Through an in-depth analysis and interviews with over 100 of the world's most influential venture capitalists, Fortune 500 CEOs and Wall Street's multi-billion dollar portfolio managers, Frenzy reveals the unexpected driving forces of bubbles. Frenzy provides critical insights and lessons for today's business professionals, investors and policy makers to manage the bubbles of the future.
Customer Reviews:
Disappointing.......2006-12-26
I had high expectations from this book, based on the positive reviews here. Instead, the book turned out to be a strenuous regurgitation of all things that are well-known and understood about the bubbles. There is also a bit of false advertising, since the book claims to talk about bubbles in general, but instead dwells heavily on the ".com" bubble. The attempts to draw parallels between previous bubbles (such as a RailRoad bubble) and the ".com" frenzy are weak and unconvincing. The author fails to point out substantial differences between different types of bubbles such as a stock market and the real estate. The only valuable information are comments on hystorical bubbles of the past.
Exhaustive information in an exhausting presentation.......2005-07-29
Perhaps the author's job as an economic advisor in the Clinton Administration to give detailed economic analysis (copied from the book) had rooted in him a thesis writing style that must get itself fully manifested on his book. You simply can tell so by your frequent encounter in one single page of more than ten quotations from figureheads of large banks or federal agencies to support just one minor argument, and the large number of big names the author needed to thank and quote on his book) Somebody may credit that as evidence of serious work but to me it's just so tedious and exhausting. I must say that the points raised by the author are definitely valid. However, a better balance should be struck that the interest and ability of the mass public readers/investors should be taken care of, if it's packaged and marketed as an investment book like what it's. "Devil take the hindmost by Edward Chancellor" is an excellent example of such, though it hadnt covered the Internet Bubble. However, for learning and avoiding "bubbles", the later is a much better choice. At least, you wont feel get drown in a sea of data (both qualitative and quantitative wise).
THE BEST BOOK ON BUBBLES AVAILABLE !!.......2005-06-22
This book is terrific. It is both a fascinating read and insightful on a broad range of issues. Anyone interested in the inner workings of business trends or financial markets should find it illiminating.
It is both easy to read without sacrificing solid and grounded research and a compelling model to help readers identify the driving forces of bubbles.
For a general audience a great companion book is:
Devil Take the Hindmost: A History of Financial Speculation
by Edward Chancellor
For a more academic audience a great companion book is:
Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages
by Carlota Perez
A must read!.......2005-04-07
Even though I was a first-hand participant in the tech bubble, I never felt that I had entirely understood what my friends, coworkers and I had been through, other than with an anecdote here or a story of financial ruin there. But "Frenzy" systematically breaks down the principles of bubble economics, so successfully that, for the first time, I really feel as if I understood the essential nature of that crazy euphoria that swept up everyone from the individual investor to the CEO of the most venerable of brick-and-mortar companies. It's a frenzy that's bound to happen again -- if not already in biotech or China investment -- and I feel far better situated now to join the minority who can profit from the next one.
If you're in banking, finance or law, Frenzy is required reading.
Title: Engrossing and Insightful.......2005-03-29
This is a really great book filled with nuggets of deep insight which have changed my way of looking at markets and the economy.
I always thought bubbles were rare "defects" in a generally efficient market. Haacke clearly shows that rational decisions by intelligent people naturally lead to bubbles in many different environments. After reading the book, I see bubbles of different kinds all over the place. Haacke provides, in plain, easy to understand language, a guide book to spotting and even predicting market frenzies. I am already working on my start up for the home Robotics bubble to come!
Unlike your typical worthless "how to pick the next hot stock" book - if you read frenzy and use it - you could make real money,
Mark Cuban money.
Buy the book and read it.
Book Description
In the summer of 1997, a tidal wave of economic problems swept across Asia. Currencies plummeted, banks failed, GNP stagnated, unemployment soared, and exports stalled. In short, the vaunted "Asian Economic Miracle" became the "Asian Economic Crisis"--with serious repercussions for nations and markets around the world.
While the headlines are still fresh, a group of experts on the region presents the first account to focus on the political causes and implications of the crisis. The events of 199798 involved not just property values, financial flows, portfolio makeup, and debt ratios, they argue, but also the power relationships that shaped those economic indicators.
As they examine the domestic, regional, and international politics that underlay the economic collapse, the authors analyze the reasons why the crisis affected the nations of Asia in radically different ways. The authors also consider whether the crisis indicates a radical change in Asia's economic future.
Contributors Yun-han Chu, National Taiwan University Bruce Cumings, University of Chicago Gary G. Hamilton, University of Washington Paul Hutchcroft, University of Wisconsin, Madison Linda Y. C. Lim, University of Michigan, Ann Arbor Andrew MacIntyre, University of California, San Diego Barry Naughton, University of California, San Diego T. J. Pempel, University of Washington Jeffrey A. Winters, Northwestern University Meredith Woo-Cumings, Northwestern University
Customer Reviews:
Finally , a political analysis of the Aiasn economic crisis.......1999-10-28
Read this book to gain a deeper understanding of the Asian crisis. Much has been written on the economic side, but "The Politics of the Asian Economic Crisis" assembles the experts to explain political differentiation among the countries affected.
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Crisis and Innovation in Asian Technology
Manufacturer: Cambridge University Press
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Binding: Paperback
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ASIN: 0521524091 |
Book Description
The economic crises in Asia at the turn of the millennium changed the innovation and business production systems of China, Malaysia, Japan, Singapore, South Korea, Thailand, and Taiwan. This investigation follows several different industries, including semiconductors, automobiles, and hard disk drives. It explores the approaches that Asian nations have taken to building a strong technological and economic base for their respective industries from technonationalism to technoglobalism. It asks if the Asian economic miracle is over, or whether these countries are reinventing their economies.
Download Description
In mid-May 1997, a financial crisis erupted in Asia after an attack by private investors on the baht, the Thai currency. The crisis spread quickly across the region, where investor confidence plummeted, resulting in massive capital outflows, stock market collapses, high unemployment, and even insurrection. The Asian 'economic miracle' that had stimulated so much awe and even dread, now invoked pity and apprehension in greater measure. The contributors to this volume investigated change in the innovation and production systems of Asian states in response to economic and political upheaval. They conducted empirical studies of several regional industries - autos, semiconductors, and hard disk drives - and seven different national economies: China, Malaysia, Japan, Singapore, South Korea, Thailand, and Taiwan. In the face of crisis and global competition, the Asian states superimposed change at the margins, seeking unique technohybrid solutions to build capabilities to compete in local, regional, and even global markets.
Book Description
The highly respected text, now updated with a substantial postscript reflecting on recent conditions in the US and global economy.
The US economy faced the prospect of a serious recession even prior to the September 11 terrorist attacks. The afflictions that had deepened under both Bill Clinton and George W. Bushwage stagnation, rising inequality, wildly inflated stock marketssharpened further. The highly unstable conditions that Clinton handed Bush were hardly noticed amid the near-universal praise for the economic stewardship of Clinton and his supposed policy maestro, Federal Reserve Chair Alan Greenspan.
Contours of Descent reveals how these variants of neo-liberal economics, which lavish favors on multinationals and capitalists while allowing living standards for ordinary people to fall, operate in the US and less developed countries, and explores policies for economic growth with increased equality.
Customer Reviews:
Settling Accounts.......2006-12-23
Clinton boosters have not been shy about touting the Arkansas playboy's economic record while in office. After all, didn't he balance the budget after years of stunning deficits. And didn't unemployment stats fall to near record lows, with negligible inflation, no less. Wasn't capital also included, with equity prices rising to record highs. Yeah, good times for everyone, courtesy our 42nd president. Maybe his zipper had occasional problems, but the economy didn't.
Anyone looking to get beyond the hype with a real take on those years should pick up Pollin's nifty little scorecard. Sure, it's filled with graphs and stats, but how else can the hype be debunked without them. They put the record in historical perspective, and what comes out is not nearly so impressive as what went in. If you feel that somehow you were no better off in 2000 than you were in 1993, don't feel alone. In fact, the Clinton yacht left most of us behind, as the big picture shows. One thing for sure, Pollin will not be on the DLC's list of 2007 must-read's.
Not much new information or analysis.......2006-05-13
Most leftists will be familiar with almost all of the information in Robert Pollin's book. From the rightist nature of Clinton's policies, to the fact that most people's standard of living didn't improve much in the 1990s, to the failure of neoliberalism in India, Argentina, and other nations.
Some bits are interesting. He refutes various circular explanations of why a large bubble developed in the 1990s and provides a good interpretation. The information on the farmer suicides in India will be new to most readers.
At the outset he outlines the "Marx Problem" the "Keynes Problem" and the "Polanyi Problem" but these concepts are hardly used throughout the book.
This book is only recommended for young leftists (or foreigners, since most of the book is on the U.S.) who have not yet learned much about the U.S. economy and international neoliberalism. To all others it will be redundant.
Forest and trees problem.......2006-05-03
Good book, well written, highly literate, worth the effort to wade through, just a few problems. The first is he ignores a series of fairly astute +170 year-old observations by Alexis de Tocqueville. Next, he misses the lessons of classical history.
When Tocqueville looks at the future of America he is troubled not by the macro-economic policies of the Clintons, but with the fundamental materialism of American life. The seeds of the current problems have always been there, since at least 1831. Tocqueville thinks greed is mostly good, he just thinks you have to have the sense (his control mechanism is religion) not to take it too far. This is actually what Pollin is writing about.
Next, the lessons of classical history would suggest that there is a perpetual tension in republics between democrats and oligarchs. Sadly, this will be dismissed by some as neo-Marxist. It isn't; Marx reported a phenomenon, he didn't create it.
What Tocqueville feared, and Marx observed, is best summed by Napoleon's observation that if you abolished the aristocracy of the nobility, you ended up recreating it in the houses of the upper-class. It would seem that we are there, except that somehow it is now unacceptable to talk in terms of class warfare (a prohibition that does not seem to be of much benefit to the non-aristocrats).
What Pollin is reporting is how the oligarchy has gone about extending its power in the modern era. Sadly, it usually takes a pretty severe crisis to reverse that trend. Some analysis of history (classical Athens, the Roman Republic) suggests that if you go far enough over the edge you can never make it back.
An economics book extraordinary in its clarity; fascinating.......2006-04-24
Pollin shows that the Clinton economic "boom" was a [...] The average price to earnings ratio was at an all time high from 1996-99. CEO salaries became increasingly based on stock performance as corporate profits became increasingly based on speculation in their own firm's stock. That the economy was increasingly based on shaky foundations, according to Pollin, was recognized privately in September 1996 by Alan Greenspan, who privately noted that he could slow down the speculative bonanza by raising the margin requirement-but he did not. The margin requirement is where investors are supposed to give their broker a certain amount of cash on reserve, relative to the riskiness of their investment.
In July 1997 in Congressional testimony, Greenspan explained that outstanding economic performance was due to "heightened sense of job insecurity and as a consequence, subdued wages." Subdued wage increases were holding down inflation even in a period of high unemployment. In 2001 dollars, Pollin observes the average, real hourly wage declined from $15.70 in 1973 to $13.27 in 1993. The average hourly wage shot back up to only $14.16 by 2000 (for the whole of the 1993-201 Clinton presidency the average hourly wage was $13.60 exactly as it was under Kennedy and Johnson, lower than the $13.91 of the Reagan-Bush 1 presidency, the $15.11 of Nixon-Ford, and the $15.03 of the Carter presidency). The official poverty rate in 2000 was 11.3. The poverty average for the Reagan-Bush I years was 14.0. Clinton, by 2000, under the Stock market casino induced prosperity, had gotten the poverty level back down to the level (11.3) where it was in 1974. This poverty reduction was very meager considering that from 1974-2000, America's GDP had grown by 70 percent, productivity grew by 61 percent and the stock market went up 603 percent. The richest one percent of income earners in the U.S. got the predominant share of this economic success. The CEO to worker pay ratio went from 113 to 1 in 1991 but was 449 to 1 by the time Clinton left office. Even the small poverty reduction under Clinton is probably undermined by the fact of the skyrocketing child care costs, caused by Clinton's elimination of subsidies to single mothers.
And of course the meager increases in wages and poverty decrease were funded by the stock market casino induced business expansion. When that expansion collapsed in late 2000, business were left with greatly underutilized plant and machinery, and a great deal of debt, something that all of Greenspan's interest rate lowering during the current president's first term could not resolve.
In the several years after NAFTA, Pollin notes companies held down worker pressure for wage increases by threatening to move production overseas. Some firms have even been forcing their workers to work overtime without pay. In an early 2002 article in Business Week which surveyed white collar employees, most complained that they were getting little of the increased gains in productivity, that they were having to take over the functions of their downsized colleagues and were desperate to get more secure jobs. Indeed, in Bush's first term, productivity growth took off. This seems to have been because fewer workers were spending more hours at work. In his afterward to the paperback edition, he quotes a May 10 2005 London Financial Times article which stated that while productivity growth had been at an average of 4.1 per year since 2001, wage and salary growth grew by only 1.5 percent....Pollin notes that the largely male percentage of the population which has stopped looking for work altogether is not counted in official unemployment figures. Thus the real unemployment rate currently might be about 7 percent.....
Neoliberalism is the cause of the increasing inequality in the Third World. In the latter, since 1980, economic growth has been reduced significantly in contrast to previous decades. Under IMF programs, countries increasingly were forced to eliminate subsidies to farmers and to the poor, to remove tariffs against foreign competition, to remove all restrictions on capital flows in and out of their country. This elimination of protection for small farmers has led to them increasingly trying to survive in sweatshop work. Pollin gives the case study of India where in the free market showcase of the province of Andreh Pradesh, there has been a mass suicide of poor farmers. These farmers have ruined their crop because there are no longer government agencies around to supervise their use of pesticides and fertilizers and the elimination of government subsides has necessitated that they turn to loan sharks who take all their money
In Argentina he notes, from 1950 to 1971, under the "import substitution" model where the government channels subsidies to stimulate domestic industries and imposes tariffs to protect domestic industries, the GDP on average grew 3.0. While from 1971 to 2001, Argentina subjecting itself to increasingly severe neoliberal imposition after the late 70's, the GDP grew by only 2.0. Argentina's poverty rate rose from 8 to 40 percent from 1978 to 1989. From 1981 to 1989, after expanding for decades, the country's supply of machinery and equipment fell by 35 percent. The elimination of controls on the inflow and outflow of capital caused major inflationary spikes and financial instability. Argentina has gotten out of its severe 2001 economic collapse by ignoring the key prescriptions of the IMF. Indeed, Pollin observes, the most successful economies in modern history have completely avoided the extreme free market policies pushed by the IMF. Asian economies like Japan, Taiwan, and South Korea, quoted by Reagan as free market success stories in his 1985 inaugural , had massive government subsidized import substitution policies and restrictions on capital flows in and out of the country.
The increasing level of inequality in the world, Pollin writes, is greatly understated, by including Chinese economic statistics. In fact, China still has significant government involvement in its economy.
Pollin discusses sweatshops and whether they are actually cost-effective for firms.........
It would have been nice if the author devoted a section to the economic policies of the Reagan years.
Are we all neoliberals now? No!.......2005-02-08
Robert Pollin's 'Contours of Descent' has been a welcomed addition to the debate over the nature and course of recent American economic history and the policies that contributed in to the making of that history. Pollin provides a well-researched and -argued look at the economic policies of the Clinton and Bush administrations. 'Contours' treats both presidential administrations as instances of Reaganomics in action - that is, as political regimes beholden to the neoliberal consensus that began to form in Washington during Jimmy Carter's term and which the Reagan administration turned into programmatic focus of American economic policy. The New Deal Order might have ended with the Reagan administration, but there has not been a return to a 'golden age' defined by full employment and an equitably distributed abundance. Consequently, Reaganomics or neoliberalism has proven to be an austerity program for the majority in the United States and elsewhere. Clinton and Bush the Younger merely follow their master in this regard.
What is most useful in Pollin's analysis is the debunking work it performs. More specifically, Pollin makes it clear that Clintonomics differs from Bush the Younger's 'New Rapacity' mostly in degree but not in kind. The stock market bubble economy of the late 1990s merely obscured the class biases inherent in the administration's policies, biases which Clinton expressed by claiming that he would be an Eisenhower Republican.
Pollin's critical work won't prove to be overly useful to those implementing the neoliberal consensus at home and abroad. They will likely ignore it and will continue to greatly exploit whomever they can, whenever they can, notwithstanding the consequences produced by their policies and actions. On the other hand, his analysis should be very useful to those on the left who believe the Clinton wing of the Democratic Party has something to offer in economic matters. It does, of course: It offers a recipe for making the rich richer and the poor poorer! What it fails to offer is a strategic path leading to a full employment and high growth economy in the United States and elsewhere. Pollin sheds a much-needed light on the methods and consequences of neoliberalism. We can only hope that it aids sensible Americans as they make their way out of the Democratic Party.
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Japan in Crisis
S. Javed Maswood
Manufacturer: Palgrave Macmillan
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Binding: Hardcover
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ASIN: 033397719X |
Book Description
The long postwar economic boom in Japan ended in the early 1990s. Since then, the Japanese economy has stagnated and a series of reforms have failed to initiate economic growth. Maswood focuses on the period after the Asian Crisis and looks at the measures that have been taken to revitalize the banking sector and to overcome regulatory and administrative impediments to economic growth. Including analysis of the latest data from Japan, this is an important study of Japan's political economy and the implications of Japan's economic slowdown for regional and global economic prosperity.
Books:
- Analysis of Financial Statements
- Analysis of Financial Time Series, 2nd Edition (Wiley Series in Probability and Statistics)
- Applied Longitudinal Data Analysis: Modeling Change and Event Occurrence
- Applied Mergers and Acquisitions, with CD-ROM (Wiley Finance)
- Asset Pricing: (Revised)
- Banana Wars-The Price of Free Trade: A Caribbean Perspective
- Bargaining With Uncertainty: Decision-Making in Public Health, Technologial Safety, and Environmental Quality
- Beyond Positive Thinking: A No-Nonsense Formula for Getting the Results You Want
- Blue Ocean Strategy: How to Create Uncontested Market Space and Make Competition Irrelevant
- Business Dynamics: Systems Thinking and Modeling for a Complex World with CD-ROM
Books Index
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