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This publication examines Mongolia's recent economic development and outlines reforms that would help the country take advantage of its many opportunities. Mongolia is rich in natural resources and, although landlocked, is well-placed to boost trade with its two giant neighbors. The country needs to diversify its economy beyond mining, enhance economic stability, and increase employment. To maximize Mongolia's potential the government can improve macroeconomic management, enhance the skill base, and provide hard and soft infrastructure to promote trade and efficient logistics. Governance and institutional reforms are also crucial. The government will need to continue to drive reforms so that they are well implemented and deliver the intended change.
"Globalization has no future. Political stability is a thing of the past; climate chaos is intensifying; anxiety disorders are of epidemic proportions; extremism and fundamentalism are becoming the norm. And yet we cling to the wreckage. Politicians of every hue continue to be in thrall to the global market. To challenge 'free trade,' which is the very essence of globalization, is all but unthinkable. But challeng it we must. And replace it. The future will be local. And the good news is that it is already happening. Under the radar of the mainstream media, a worldwide localization movement is emerging. On every continent, people are coming together to claw back control over their own economies, and in doing so are rebuilding connections to one another, while repairing fractured communities and damaged environments."--Publisher's descriptio
This book is an essential guide to understanding how managers in China and Southeast Asia make effective economic decisions. In today's competitive global economy, it's vital to grasp how the most dynamic part of Asia is employing accounting tools in actual practice. The carefully crafted empirical studies presented here demonstrate the application of management accounting concepts in a variety of economic scenarios. Overall, these comparative investigations describe theory and common practices in a way that yields insights for both strategic and day-to-day problem solving. Accordingly, Management Accounting in China and Southeast Asia will interest graduate students, professional practitioners, and researchers in accounting, management, and finance.
The Annual Report objectively reflects the year's developments in terms of politics, the economy, society, culture, the environment, innovation and reform, and describes the problems, challenges and countermeasures in both traditional and new special economic zones. It provides an analysis of China's special economic zones, including a review of the year's developments in the form of experimental zones. It also presents new special economic zones and focuses on analyzing the transformation of these zones; the use of resources; sustainable, economic and social development; social security and technical innovation in the context of current developments. It also offers a comparative analysis and makes policy and development suggestions for each issue.
Considered by many economists to be the finest analysis of capitalism ever written, Can Capitalism Survive? introduces Joseph A. Schumpeter's theory of "creative destruction," stating that in capitalist economies new innovations erode the position of established firms while also providing new and previously unforeseen avenues of economic growth. Today the effects of such advancements as Mp3s?replacing CDs, which in turn had replaced cassettes and vinyl records?have proven his ideas correct. Prophetically arguing that capitalist societies are also subject to "perennial gales" of destruction that wipe away fortunes, this great economist revealed the vast, often chaotic economic landscape of world capitalism. First published in Schumpeter's classic Capitalism, Socialism and Democracy, here is an invaluable guide the global economy.
Examines the impact of structural adjustment policies on Nigeria.
Global news is generally bad news. On the surface, the story is about war, poverty, ethnic and sectarian strife. Democracy movements advanced by the U.S. government seem to be stalled or even reversed. Yet just below the surface, more hopeful trends are brewing. A new global awareness of the people at "the bottom of the pyramid" is summoning forth an unprecedented response to human need and suffering. It involves a shift from vertical to horizontal power that official aid agencies are only beginning to comprehend. Whereas twenty-five years ago, government aid accounted for 70 percent of all American outflows, today 85 percent of all outflows of resources come from private individuals, businesses, religious congregations, universities, and immigrant communities. If aid policy in the twentieth century relied on top-down bureaucracy dominated by policy specialists and elites, the twenty-first century is shaping up as an era in which citizens, social entrepreneurs, and volunteers link up to solve problems. U.S. military and economic power are basic components of America's presence in the world; but in an environment of rampant anti-Americanism, it is compassion that is America's most consequential export. Civil society, once the distinctive characteristic of American democracy, is now advancing across the globe, carrying with it new forms of philanthropy, citizenship, and volunteerism. Tens of thousands of voluntary associations are prying open closed societies from within, solving problems in new ways, and forming the seedbed for a long-term cultivation of democratic norms. Building Nations from the Bottom Up: The Global Rise of Democratic Society presents a sweeping overview of the forces now shaping the global debate, including citizen-led development projects, poverty-reduction strategies that substitute opportunity for charity, and electronically linked movements to combat corruption and autocratic rule.
Do you feel you don't have enough time to manage your people?Do you avoid interacting with some employees because you hate the dreaded confrontations that often follow?Do you have some great employees you really cannot afford to lose?Do you secretly wish you could be more in control but don't know where to start?Managing people is harder and more high-pressure today than ever before. There's no room for downtime, waste, or inefficiency. You have to do more with less. And employees have become high maintenance. Not only are they more likely to disagree openly and push back, but they also won't work hard for vague promises of long-term rewards. They look to you?their immediate boss?to help them get what they need and want at work. How do you tackle this huge management challenge? If you are like most managers, you take a hands-off approach. You "empower" employees by leaving them alone, unless they really need you. After all, you don't want to "micromanage" them and don't have the time to hold every employee's hand. Of course, problems always come up and often snowball into bigger problems. In fact, you probably spend too much of your time solving problems and falling behind on your work . . . which leaves even less time for managing people . . . which opens the door for even more problems!In It's Okay to Be the Boss, Bruce Tulgan puts his finger on the biggest problem in corporate America?an undermanagement epidemic affecting managers at all levels of the organization and in all industries?and offers another way. His clear, step-by-step guide to becoming the strong manager employees need challenges bosses everywhere to spell out expectations, tell employees exactly what to do and how to do it, monitor and measure performance constantly, and correct failure quickly and reward success even more quickly. Now that's how you set employees up for success and help them earn what they need. Tulgan opens our eyes to the undisciplined workplace that is overwhelming managers and frustrating workers and invites bosses everywhere to accept the sacred responsibility of managing people. His message: It's okay to be the boss. Be a great one!
The effective business, Peter Drucker observes, focuses on opportunities rather than problems. How this focus is achieved in order to make the organization prosper and grow is the subject of this companion to his classic work, The Practice of Management. Managing for Results shows what the executive decision maker must do to move his enterprise forward. Drucker again employs his particular genius for breaking through conventional outlooks and opening up new perspectives for profits and growth.
Drive . . . and grow rich!The bestselling author of Investment Biker is back from the ultimate road trip: a three-year drive around the world that would ultimately set the Guinness record for the longest continuous car journey. In Adventure Capitalist, legendary investor Jim Rogers, dubbed "the Indiana Jones of finance” by Time magazine, proves that the best way to profit from the global situation is to see the world mile by mile. "While I have never patronized a prostitute,” he writes, "I know that one can learn more about a country from speaking to the madam of a brothel or a black marketeer than from meeting a foreign minister.”Behind the wheel of a sunburst-yellow, custom-built convertible Mercedes, Rogers and his fiancée, Paige Parker, began their "Millennium Adventure” on January 1, 1999, from Iceland. They traveled through 116 countries, including many where most have rarely ventured, such as Saudi Arabia, Myanmar, Angola, Sudan, Congo, Colombia, and East Timor. They drove through war zones, deserts, jungles, epidemics, and blizzards. They had many narrow escapes.They camped with nomads and camels in the western Sahara. They ate silkworms, iguanas, snakes, termites, guinea pigs, porcupines, crocodiles, and grasshoppers.Best of all, they saw the real world from the ground up—the only vantage point from which it can be truly understood—economically, politically, and socially.Here are just a few of the author's conclusions: • The new commodity bull market has started.• The twenty-first century will belong to China.• There is a dramatic shortage of women developing in Asia.• Pakistan is on the verge of disintegrating.• India, like many other large nations, will break into several countries.• The Euro is doomed to fail.• There are fortunes to be made in Angola.• Nongovernmental organizations (NGOs) are a scam.• Bolivia is a comer after decades of instability, thanks to gigantic amounts of natural gas.Adventure Capitalist is the most opinionated, sprawling, adventurous journey you're likely to take within the pages of a book—the perfect read for armchair adventurers, global investors, car enthusiasts, and anyone interested in seeing the world and understanding it as it really is.
How can we effectively manage a so-called "renewable" resource--such as ocean fish--when we don't know how renewable it really is? In 1962, James A. Crutchfield and Arnold Zellner drew om extensive data from Pacific halibut fisheries to develop a dynamic and highly successful economic approach to solving this problem. While report on thier findings was published by the U.S. Department of the Interior, it had very limited distrubition and quickly went out of print, leaving an essential study unavailable even as the problems addressed began to seem more urgent.This book presents a complete reprint of Crutchfield and Zellner's pioneering study, together with a new introduction by the authors and four new papers by other scholars. These new studies cover the history of the Pacific halibut industry as well as the general and specific contributions of the original work--such as price-oriented conservation policy--to the fields of resource economics and management. The resulting volume integrates theory and practice in a clear, well-contextualized case study that will be important not just for environmental and resource economists, but also for leaders of industries dependent on any natural resource.
Following the sensational success of her first book, Coming of Age in Samoa, Margaret Mead continued her brilliant work in Growing Up in New Guinea, detailing her study of the Manus, a New Guinea people still untouched by the outside world when she visited them in 1928. She lived in their noisy fishing village at a pivotal time -- after warfare had vanished but before missions and global commerce had begun to change their lives. She developed fascinating insights into their family lives, exploring their attitudes toward sex, marriage, the rearing of children, and the supernatural, which led her to see intriguing parallels with modern Western society. Reissued for the centennial of her birth and featuring introductions by Howard Gardner and Mead's daughter, Mary Catherine Bateson, this book offers important anthropological insights into human societies and vividly captures a vanished way of life.
In the 1980s, the formerly planned markets of the Soviet Union and Eastern Europe and the developing nations of Latin America and East Asia embarked upon unprecedented efforts to alter their economic regimes. These first-stage reforms involved a major reconceptualization of the principal elements of the economy, private property, and trade. But in the wake of these reforms, the need for second-stage reforms--thechanges--arose implementation of more structural changes-arose; without the development of new regulatory agencies, tax reform initiatives, adjustments to trade policies, and enhancements in education, labor, and telecommunications, the prospects for economic growth engendered during the first-stage reforms might not be realized. Economic Policy Reform: The Second Stage provides an incisive overview of the context of these crucial second-stage reforms with a thorough examination of the issues confronting the policymakers involved. Edited by Anne O. Krueger, it features studies from distinguished experts in various fields of economics. Each chapter of this book addresses a key issue in economic policy, examines the progress of reforms in the markets considered, and then explores what research might further aid leaders as they embark on fundamental changes. Both a handbook for economists and practitioners and a theoretical exploration of the most significant challenges currently facing the economic world, this new book will be indispensable to anyone involved in the global economic scene. Contributors: Vittorio CorboCimon CowanSebastian EdwardsStephan HaggardMichael KremerSteven MatuszFrederic S. MishkinJonathan MorduchRoger G. NollMiguel A. SavastanoT. Paul ShultzMary M. ShirleyT.N. SrinivasanJoseph E. StiglitzVito TanziDavid TarrAaron Tornell
By the winner of the 1988 Nobel Prize in Economics, an essential and paradigm-altering framework for understanding economic development--for both rich and poor--in the twenty-first century. Freedom, Sen argues, is both the end and most efficient means of sustaining economic life and the key to securing the general welfare of the world's entire population. Releasing the idea of individual freedom from association with any particular historical, intellectual, political, or religious tradition, Sen clearly demonstrates its current applicability and possibilities. In the new global economy, where, despite unprecedented increases in overall opulence, the contemporary world denies elementary freedoms to vast numbers--perhaps even the majority of people--he concludes, it is still possible to practically and optimistically restain a sense of social accountability. Development as Freedom is essential reading.
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