Finding Your Moral Center in the Toughest Decisions
Author: Sasha Chanoff
Publisher: Berrett-Koehler Publishers
Category: Business & Economics
Making the Hardest Decisions As a young aid worker, Sasha Chanoff was sent to evacuate a group of refugees from the violence-torn Congo. But when he arrived he discovered a second group. Evacuating them too could endanger the entire mission. But leaving them behind would mean their certain death. All leaders face defining moments, when values are in conflict and decisions impact lives. Why is moral courage the essential factor at such times? How do we access our own rock-bottom values, and how can we take advantage of them to make the best decisions? Through Sasha's own extraordinary story and those of eight other brave leaders from business, government, nongovernment organizations, and the military, this book reveals five principles for confronting crucial decisions and inspires all of us to use our moral core as a lodestar for leadership.
The Global Financial System and Regulatory Failure
Author: Ross P. Buckley
Publisher: Kluwer Law International B.V.
Category: Business & Economics
The global financial system has proven increasingly unstable and crisis-prone since the early 1980s. The system has failed to serve either creditors or debtors well. This has been reinforced by the global financial crisis of 2008, where we have seen systemic weaknesses bring rich countries to the brink of bankruptcy and visit appalling suffering on the poorest citizens of poor countries. Yet the regulatory responses to this crisis have involved little thinking from outside the box in which the crisis was delivered to the world. This book presents a powerful indictment of this regulatory failure and calls for greatly increased attention to international financial law and analyses new regulatory measures with the potential to make a new recognition of the principles that ought to underlie it. Using a historical approach that compares the various financial crises of the past three decades, the authors clearly show how misconceived economic policy responses have paved the way for each next 'crash'. Among the numerous topics that arise in the course of this revealing analysis are the following: overvalued exchange rates; excess liquidity in rich countries; premature liberalisation of local financial markets; capital controls; derivatives markets; accounting standards; credit ratings and the conflicts in the role of credit rating agencies; investor protection arrangements; insurance companies; and payment, clearing and settlement activities. The authors offer detailed commentary on: the role of multilateral development banks, the IMF and the WTO in responding to crises; the role of the Basel Accords, the Financial Stability Forum and Board, and the responses of the European Commission, the US, and the G20 to the most recent crisis. The book concludes by exploring systemic game-changing reforms such as bank levies, financial activities taxes and financial transaction taxes, and a global sovereign bankruptcy regime; as well as measures to remove the currency mismatches from the balance sheets of developing countries. Apart from its great usefulness as a detailed introduction to the international financial system and its regulation, the book is enormously valuable for its clear identification of the areas of regulatory failure, and its analysis of new regulatory approaches that offer the potential for a genuinely more stable system. Banking and investment policymakers at every level, the lawyers that serve these markets and the regulators that seek to regulate them, cannot afford to neglect this book.
From Crisis to Victory is Sue Porter and Jerry Mallard’s fast-moving story from their battle to survive an epidemic of killer bacteria, Hurricane Rita, erupting volcanoes, asteroid impacts, and a collapsing society to experience the glorious climax of Jesus Christ’s return. From Crisis to Victory is the story of ordinary people who, when challenged to survive, find the courage to overcome the crisis and be victorious! This is a “Three Seat Belt” story. So, dear reader, fasten them all and enjoy!
Through healing, brokenness can become a source of hope and blessing. This wise and helpful guide traces the path of suffering from despair to depression to desperation to the turning point where suffering can be transformed into blessing.
Lessons Learned from Armenia's Energy Reform Experience
Author: Gevorg Sargsyan
Publisher: World Bank Publications
Category: Business & Economics
The last fifteen years have seen Armenia emerge from Soviet rule and a severe economic and energy crisis, both complicated by its newfound political surroundings. The last ten years have seen significant reform and progress in the power sector which, when compared to the progress made by its neighbors, is all the more remarkable. The benefits of reform have not been easily won, however, and Armenia's success is a tribute to its ability to learn from mistakes and persevere. A combination of improper planning and bad fortune forced the Government of Armenia to go through three separate tenders f.
Neoliberalism, Organized Labour, and the Canadian State
Author: Tim Fowler
Category: Business & Economics
The Great Recession was the largest crisis of capitalism since the Great Depression and the largest crisis in neoliberalism to date, sending shockwaves throughout the global economy. States scrambled to right the sinking capitalist ship in order to maintain high levels of accumulation. In Canada, as in so many other countries, the state introduced austerity measures aimed at organized labour and the broader working class. This volume explores the political economy of The Great Recession in Canada, and focuses on how labour has responded to the crisis, neoliberalism, and austerity measures. Table of Contents: 1. From Crisis To Austerity: An Introduction/Tim Fowler 2. The Canadian State and the Crisis: Theoretical and Historical Context/ Stephen McBride & Heather Whiteside 3. From the Great Recession of 2008-2009 to Fiscal Austerity: The Role of Inequality/Akhter Faroque and Brian K. MacLean 4. Neoliberalism, Capitalist Crisis, and Continuing Austerity in the Ontario State/Tim Fowler 5. Collective Bargaining in a Time of Austerity: Public-Sector Unions and the University Sector in Ontario/Mathew Nelson & James Meades 6. "We Will Fight This Crisis" Auto Workers Resist an Industrial Meltdown/ Bill Murnighan & Jim Stanford 7. The Decline of the Labour Movement: A Socialist Perspective/ Murray E.G. Smith & Jonah Butovsky 8. Labour's Response to the Crisis and the Future of Working-Class Politics/ David Camfield Endorsements: ..". a] thought-provoking collection on contemporary austerity and the attack on labour reveals how divergent interpretations of capitalist crisis frame different understandings of the contemporary crisis of the workers' movement." - Bryan D. Palmer is Canada Research Chair at Trent University, author of James P. Cannon and the Origins of the American Revolutionary Left, 1890-1928 and Editor of Labour/Le Travail. ..".a big-picture look at how Canadian governments and business sought solutions favouring the wealthy at the expense of an ever more constrained labour movement. The collection will be a critical read for anyone seeking a comprehensive account of the crisis and how Canada's politics of austerity have affected unions and workers across the country." - John Peters teaches labour studies at Laurentian University and is editor of Boom, Bust, Crisis: Labour, Corporate Power, and Politics in 21st Century Canada
The Book Studies The Politics And Administration Of Pakistan Under The Constitution Introduced By Ayub Khan In 1962. The Political Situation Is Discussed In All Its Aspects: The Constitution Itself And Ayub Khan`S Manipulation Of It; The Conduct Of The 1965 Presidential Elections; Foreign Policy, Particularly Relations With India; The Economy; The Growth Of Corruption In The Administration; The Suppression Of Criticism; And The Increasing Discontent Of The People. It Assesses Ayub Khan And His `Great` Decade, And Reasons For His Failure. Appendices Include Details Of The Careers Of Zulfikar Ali Bhutto And Altaf Gauhar, And Of Such Matters As The Relative Strength Of The Indian And Pakistani Armed Forces Prior To The Hostilities Of September 1965. Stamp On First End Page, Name Of Previous Owner On The Title, One Marking With Pen, Condition Good.
In this book, Padma Desai makes the complexities of economic policy and financial reform accessible to a wide audience. Merging a compelling narrative with scholarly research, she begins with a systematic breakdown of the factors leading to America's recent recession, describing the monetary policy, tax practices, subprime mortgage scandals, and lax regulation that contributed to the crisis. She also discusses the Treasury-Fed rescue deals that saved several financial institutions and the involvement of Congress in passing restorative policies. Desai follows with an analysis of stress tests and other economic measures, and she frankly assesses whether the U.S. economy is truly on the mend. Expanding her view, she considers the prospects for recovery in North America as a whole, as well as in Europe, Asia, and South America, and the extent and value of U.S. and E.U. regulatory proposals. Refocusing on American financial practices, Desai evaluates hedge funds and derivatives, credit default swaps, and rating agencies, pondering whether the dollar can remain a reserve currency. She concludes with a historical comparison of the Great Depression and the Great Recession, weighing the effect of the economic collapse on the future of American capitalism.