Book picks similar to
Financial Crisis, Contagion, and Containment: From Asia to Argentina by Padma Desai
economics
finance-world
gopal
latin-america
The Age of Deleveraging
A. Gary Shilling - 2010
Shilling explains in clear language and compelling logic why the world economy will struggle for several more years and what investors can do to protect and grow their wealth in the difficult times ahead. The investment strategies that worked for last 25 years will not work in the next 10 years. Shilling advises readers to avoid broad exposure to stocks, real estate, and commodities and to focus on high-quality bonds, high-dividend stocks, and consumer staple and food stocks. Written by one of today's best forecasters of economic trends-twice voted by Institutional Investor as Wall Street's top economist Clearly explains what to invest in, what to avoid, and how to cope with a deflationary, slow-growth economy Demonstrates how Shilling has been consistently right about major economic trends since he began forecasting in the early 1980s Filled with in-depth insights and practical advice, this timely guide lays out a convincing case for why investors need to be prepared for a long period of weak growth and deflation-not inflation-and what you can do to prosper in the difficult times ahead.
Age of Ambition: Chasing Fortune, Truth, and Faith in the New China
Evan Osnos - 2014
What we don't see is how both powerful and ordinary people are remaking their lives as their country dramatically changes. As the Beijing correspondent for The New Yorker, Evan Osnos was on the ground in China for years, witness to profound political, economic, and cultural upheaval. In Age of Ambition, he describes the greatest collision taking place in that country: the clash between the rise of the individual and the Communist Party's struggle to retain control. He asks probing questions: Why does a government with more success lifting people from poverty than any civilization in history choose to put strict restraints on freedom of expression? Why do millions of young Chinese professionals-fluent in English and devoted to Western pop culture-consider themselves "angry youth," dedicated to resisting the West's influence? How are Chinese from all strata finding meaning after two decades of the relentless pursuit of wealth? Writing with great narrative verve and a keen sense of irony, Osnos follows the moving stories of everyday people and reveals life in the new China to be a battleground between aspiration and authoritarianism, in which only one can prevail.
ZeroZeroZero
Roberto Saviano - 2013
It struck such a nerve with the Camorra that Saviano has lived with twenty-four-hour police protection for more than eight years. During this time he has come to know law enforcement agencies and officials around the world. With their cooperation, Savaiano has broadened his perspective to take in the entire global “corporate” entity that is the drug trade and the complex money-laundering operations that allow it to function, often with the help of the world’s biggest banks. The result is a harrowing and groundbreaking synthesis of literary narrative and geopolitical analysis exploring one of the most powerful dark forces in our economy. Saviano tracks the shift in the cocaine trade’s axis of power, from Colombia to Mexico, and relates how the Latin American cartels and gangs have forged alliances with crime syndicates across the globe. He charts the increasing sophistication of these criminal entities as they diversify into other products and markets. He also reveals the astonishing increase in the severity of violence as they have fought to protect and extend their power.
The Battle for Paradise: Puerto Rico Takes on the Disaster Capitalists
Naomi Klein - 2018
. . Klein exposes the 'battle of utopias' that is currently unfolding in storm-ravaged Puerto Rico - a battle that pits a pitilessly neoliberal plutocratic 'paradise' against a community movement with Puerto Rican sovereignty at its center." - Junot Diaz"We are in a fight for our lives. Hurricanes Irma and Maria unmasked the colonialism we face in Puerto Rico, and the inequality it fosters, creating a fierce humanitarian crisis. Now we must find a path forward to equality and sustainability, a path driven by communities, not investors. And this book explains, with careful and unbiased reporting, only the efforts of our community activists can answer the paramount question: What type of society do we want to become and who is Puerto Rico for?" - Yulin Cruz, Mayor of San Juan, Puerto RicoIn the rubble of Hurricane Maria, Puerto Ricans and ultrarich "Puertopians" are locked in a pitched struggle over how to remake the island. In this vital and startling investigation, bestselling author and activist Naomi Klein uncovers how the forces of shock politics and disaster capitalism seek to undermine the nation's radical, resilient vision for a "just recovery."All royalties from the sale of this book in English and Spanish go directly to JunteGente, a gathering of Puerto Rican organizations resisting disaster capitalism and advancing a fair and healthy recovery for their island. For more information, visit http://juntegente.org/.Naomi Klein is an award-winning journalist, syndicated columnist, documentary filmmaker and author of the international bestsellers No Logo: Taking Aim at the Brand Bullies, The Shock Doctrine: The Rise of Disaster Capitalism, This Changes Everything: Capitalism vs. the Climate, and No Is Not Enough."Fearless necessary reporting . . . Klein exposes the 'battle of utopias' that is currently unfolding in storm-ravaged Puerto Rico-a battle that pits a pitilessly neoliberal plutocratic 'paradise' against a community movement with Puerto Rican sovereignty at its center."-Junot Diaz"We are in a fight for our lives. Hurricanes Irma and Maria unmasked the colonialism we face in Puerto Rico, and the inequality it fosters, creating a fierce humanitarian crisis. Now we must find a path forward to equality and sustainability, a path driven by communities, not investors. And this book explains, with careful and unbiased reporting, only the efforts of our community activists can answer the paramount question: What type of society do we want to become and who is Puerto Rico for?"-Carmen Yulin Cruz, Mayor of San Juan, Puerto Rico"A gripping and timely account of classic 'shock doctrine' being perpetrated in Puerto Rico. Naomi Klein chronicles the extraordinary grassroots resistance by the Puerto Rican people against neoliberal privatization and Wall Street greed in the aftermath of the island's financial meltdown, of hurricane devastation, and of Washington's imposition of an outside control board over the most important U.S. colony." -Juan Gonzalez, co-host of Democracy Now! and author of Harvest of Empire: A History of Latinos in America. "Like so many of my generation, I've been a reader of Naomi Klein's since the late 1990s, always finding something to learn from her rigorous reporting and thoughtful analysis. There's no one better to tell the story of Hurricane Maria and its global significance than Naomi. In the face of speculation, exploitation, and climate crisis, this book calls on us to recognize Puerto Rico's struggle for democracy, justice, and human life itself, as our own." -Ada Colau, Mayor of Barcelona, Spain"
Wilful Blindness: How a Criminal Network of Narcos, Tycoons and CCP Agents Infiltrated the West
Sam Cooper - 2021
They would decide how Hong Kong would be handed over to the People’s Republic of China and how Chinese business tycoons Henry Fok and Li Ka-Shing would help Deng Xiaoping realize the Chinese Communist Party’s domestic and global ambitions. That meeting would not only change Vancouver but the world. Billions of dollars in Chinese investment would soon reach the shores of North America’s Pacific coast. B.C. government casinos became a tool for global criminals to import deadly narcotics into Canada and launder billions of drug cash into Vancouver real estate. And it didn't happen by accident. A cast of accomplices - governments hungry for revenue, casino, and real estate companies with ties to shady offshore wealth, professional facilitators including lawyers and bankers, an aimless RCMP that gave organized crime room to grow - all combined to cause this tragedy. There was greed, folly, corruption, conspiracy, and wilful blindness.Decades of bad policy allowed drug cartels, first and foremost the Big Circle Boys - powerful transnational narco-kingpins with ties to corrupt Chinese officials, real estate tycoons, and industrialists - to gain influence over significant portions of Canada’s economy. Many looked the other way while B.C.'s primary industry, real estate, ballooned with dirty cash. But the unintended social consequences are now clear: a fentanyl overdose crisis raging in major cities throughout North America and life spans falling for the first time in modern Canada, and a runaway housing market that has devastated middle-class income earners. This story isn’t just about real estate and fentanyl overdoses, though. Sam Cooper has uncovered evidence that shows the primary actors in so-called “Vancouver Model” money laundering have effectively made Canada’s west coast a headquarters for corporate and industrial espionage by the CCP. And these ruthless entrepreneurs have used Vancouver and Canada to export their criminal model to other countries around the world including Australia and New Zealand. Meanwhile, Cooper finds that the RCMP’s 2019 arrest of its top intelligence official, Cameron Ortis, raises many frightening questions. Could Chinese transnational criminals and state actors targeting Canada’s industrial and technological crown jewels have gained protection from the Mounties? Could China and Iran have insight into Canada's deepest national security secrets and influence on investigations? Ortis had oversight of many investigations into transnational money laundering networks and insight into sensitive probes of suspects seeking to undermine Canada’s democracy and infiltrate the United States, according to the evidence Cooper has found.Wilful Blindness is a powerful narrative that follows the investigators who refused to go along with institutionalized negligence and corruption that enabled the Vancouver Model, with Cooper drawing on extensive interviews with the whistle-blowers; thousands of pages of government and court documents obtained through legal applications; and large caches of confidential material available exclusively to Cooper.The book culminates with a shocking revelation showing how deeply Canada has been compromised, and what needs to happen, to get the nation back on track with its “Five Eyes” allies.“I’m astonished that some Hollywood production company hasn't already signed him for a big-screen treatment of this story. It's a huge story.” - Terry Glavin, National Post
The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else
Hernando de Soto - 2000
Every developed nation in the world at one time went through the transformation from predominantly informal, extralegal ownership to a formal, unified legal property system. In the West we've forgotten that creating this system is also what allowed people everywhere to leverage property into wealth. This persuasive book will revolutionize our understanding of capital and point the way to a major transformation of the world economy.
Mao's Great Famine: The History Of China's Most Devastating Catastrophe, 1958-62
Frank Dikötter - 2010
Mao Zedong threw his country into a frenzy with the Great Leap Forward, an attempt to catch up and overtake Britain in less than 15 years. The experiment ended in the greatest catastrophe the country had ever known, destroying tens of millions of lives. Access to Communist Party archives has long been denied to all but the most loyal historians, but now a new law has opened up thousands of central and provincial documents that fundamentally change the way one can study the Maoist era. Frank Dikotter's astonishing, riveting and magnificently detailed book chronicles an era in Chinese history much speculated about but never before fully documented. Dikotter shows that instead of lifting the country among the world's superpowers and proving the power of communism, as Mao imagined, in reality the Great Leap Forward was a giant - and disastrous -- step in the opposite direction. He demonstrates, as nobody has before, that under this initiative the country became the site not only of one of the most deadly mass killings of human history (at least 45 million people were worked, starved or beaten to death) but also the greatest demolition of real estate - and catastrophe for the natural environment - in human history, as up to a third of all housing was turned to rubble and the land savaged in the maniacal pursuit of steel and other industrial accomplishments. Piecing together both the vicious machinations in the corridors of power and the everyday experiences of ordinary people, Dikotter at last gives voice to the dead and disenfranchised. Exhaustively researched and brilliantly written, this magisterial, groundbreaking account definitively recasts the history of the People's Republic of China.
Banana: The Fate of the Fruit That Changed the World
Dan Koeppel - 2007
Americans eat more bananas than apples and oranges combined. In others parts of the world, bananas are what keep millions of people alive. But for all its ubiquity, the banana is surprisingly mysterious; nobody knows how bananas evolved or exactly where they originated. Rich cultural lore surrounds the fruit: In ancient translations of the Bible, the 'apple' consumed by Eve is actually a banana (it makes sense, doesn't it?). Entire Central American nations have been said to rise and fall over the banana. But the biggest mystery about the banana today is whether it will survive. A seedless fruit with a unique reproductive system, every banana is a genetic duplicate of the next, and therefore susceptible to the same blights. Today's yellow banana, the Cavendish, is increasingly threatened by such a blight -- and there's no cure in sight. Banana combines a pop-science journey around the globe, a fascinating tale of an iconic American business enterprise, and a look into the alternately tragic and hilarious banana subculture (one does exist) -- ultimately taking us to the high-tech labs where new bananas are literally being built in test tubes, in a race to save the world's most beloved fruit.
Chanakya Niti on Corruption: Glimples of how Chanakya tackled menace of corruption 300 BCE in India?
Dev Dantreliya - 2014
Chanakya who was born around 3rd BC in Bharat (now Hindustan), astute, shrewd and ruthless political master. Equally selfless and patriotic teacher who politically united the small states post invasion of Greeks and reclaimed the boundaries of Bharat stretching from Puruvarsha (Persia, now Iran), Gansthan (now Afghanistan) to far east of Magadh (Bihar state). We know Chanakya for his Niti-shashtras, for his voluminous work on economy, maxims of wisdom and intelligence. But we do not know much about minute details with which he governed the country at that time. We do not know, during his time of around 3rd BCE, at how much advance stage the economy, public life, administration, industries, defence mechanisms, taxations, public-private partnerships, foreign policy, judicial systems, banking and accounting systems ….. were there in India. It seems, they all were in more than perfect stage compared to present scenario factoring advancement in science and technology etc. We will look at each of them one by one. In this book, “Chanakya Niti on Corruption”, we will take a look at corruption. What Chanakya thinks about sources of corruption, ways of finding about corruption, judgements and punishments of corruptions etc. Chanakya knows very well that just like it is impossible to know when and how much water a fish drinks, it is utmost difficult to know how much money government officials steal away while in charge of it. Knowing human nature which succumbs to greed, fear, lust, anger or any such tamas gunas, and indulges in acts of corruption to accumulate wealth in the country or outside. Chanakya keeps eye on conduct and life style of not only ministers, but all levels of the government officials too. Chanakya takes multi pronged approach to tackle and eradicate corruption. He knows that by establishing one department to tackle corruption problems are not going to be solved, instead will increase many fold later when that department itself becomes corrupt eventually. He relies on spying, continuous intelligence gathering, harsh punishments leading to deaths, rewards who bring to notice acts of corruptions by officials etc, promotions and rewards to who do their job righteously. Not only that, 3rd century BC, do you imagine there were clear cut rules and guidelines how to write account books, !. At that time, he knew that what impact it creates on overall economy and nation building, if sanctioned amount for projects are not utilised actually? Chanakya knows corruption is contiguous, and he tackles such problems too with well laid out and practical laws to follow at that time. Looking at the crux of the guidelines what Chanakya outlines, it seems that essence of those laws are applicable still today with more verbatim or expansion of words to suite and cover present scenarios. But, the essence remains same. He knew that in corruption free country, trade and business, entrepreneurship and industries flourishes and so overall wealth, health and security of the nation. I hope reading this book "Chanakya Niti on Corruption", will open up a window to explore further on how an Indian political guru administered this nation 3rd century BCE.
Become Your Own Financial Advisor: The real secrets to becoming financially independent
Warren Ingram - 2013
This highly accessible book is aimed at anyone who wants to improve their financial situation, from the financial novice who needs clear basic guidelines on how to deal with money to those who are more financially savvy but want to supplement their knowledge. Covering a range of topics, from saving, investing, debt management, buying a house to blunders to avoid, Become Your Own Financial Advisor provides people of all ages and levels of wealth with practical information on how to improve their finances. And, in the process, proves that financial freedom is possible for everyone.
Princes of the Yen: Japan's Central Bankers and the Transformation of the Economy
Richard A. Werner - 2003
It gives special emphasis to the 1980s and 1990s when Japan's economy experienced vast swings in activity. According to the author, the most recent upheaval in the Japanese economy is the result of the policies of a central bank less concerned with stimulating the economy that with its own turf battles and its ideological agenda to change Japan's economic structure. The book combines new historical research with an in-depth behind-the-scenes account of the bureaucratic competition between Japan's most important institutions: the Ministry of Finance and the Bank of Japan. Drawing on new economic data and first-hand eyewitness accounts, it reveals little known monetary policy tools at the core of Japan's business cycle, identifies the key figures behind Japan's economy, and discusses their agenda. The book also highlights the implications for the rest of the world, and raises important questions about the concentration of power within central banks.
The Chinese Invasion Threat: Taiwan's Defense and American Strategy in Asia
Ian Easton - 2017
From a historic spy case that saved Taiwan from communist takeover to modern day covert action programs, and from emergency alert procedures to underground coastal defense networks, this is the untold story of the most dangerous flashpoint of our times.""Easton offers a brilliant, thick description of China's invasion plans, Taiwan's plans to repel an invasion, potential invasion scenarios, and how the U.S. might respond. Throughout the incredible level of detail, and the vast number of plans, locations, weapons systems, operations and doctrines it presents, Easton's clarity of order and logical presentation keep everything firmly under control.Where would it arrive? When would it come? How would China attack Taiwan?Easton paints the way the island-nation would be attacked with a fine calligraphy brush, detailing how the landings would go, what would happen if the PRC got a foothold, and what weapons would be deployed where and how."Democratic-ruled Taiwan poses an existential threat to China's communist leaders because the island, located some 90 miles off the southeast coast "serves as a beacon of freedom for ethnically Chinese people everywhere," the book states."What Easton has done is provide a vital warning to America and its allies, China could try to invade Taiwan as early as the first half of the next decade."Easton is a Washington-based think tank Project 2049 Institute research fellow and a former National Chengchi University student.
Financial Management: Theory And Practice
Prasanna Chandra - 2005
The Betrayal: The True Story of My Brush with Death in the World of Narcos and Launderers
Robert Mazur
He was now Robert Baldasare, money launderer and president of an international trade finance company. Deployed to Panama, Mazur worked, traveled, partied, and washed millions with Central America’s criminal elite. Partnered with a young superstar DEA task force agent, Mazur slipped effortlessly into Colombia’s notorious Cali drug cartel. But as his underworld reputation skyrocketed, the operation started going dangerously off the rails.On US soil, drug money en route to Mazur was seized. He started to notice an unsettling shift in the cartel’s inner circle. Contacts were being assassinated, and Mazur was being tailed. His identity had been compromised. Refusing to acknowledge the threats ahead, Mazur was obsessed with seeing the mission through to its treacherous end: expose the Cali cartel, find out who betrayed him, and escape with his life.