Book Description

This study provides an in-depth analysis of the external debt problem of a country--Mexico--that allegedly faces a "debt overhang," which inhibits long-term growth-oriented investment. Issues facing the debtor nation and its commercial bank creditors are simultaneously examined in order to move closer towards an understanding of the situation of debt-distressed developing countries. The need to address these issues on a case-by-case basis is emphasized, as opposed to a global approach to solving the debt crisis presently recommended by some. ... Read more

Book Description

This book provides a systematic and comparative analysis of the tax systems of ten countries (G7 plus Netherlands, Spain, and Sweden) over the last decade. All the main taxation areas are covered, together with a description of the underlying policy themes. The main focus is on recent and prospective tax reforms. ... Read more

Book Description

One of the greatest events in financial history will occur in 1999: the birth of the euro and the emergence of a unified European capital market. This is the first academic text to consider the medium term impact of a single currency on these markets. Drawn from various countries and fields of research, the contributors analyze the structural effects of the introduction of the euro on European capital markets. ... Read more

Book Description

Quantititative Methods for Valuation of Financial Assets is a comprehensive guide to the valuation of bonds, equity, portfolios and options.

A S Ramasastri writes in a reader-friendly style, using an interactive question and answer format. Each chapter provides basic background to quantitative methods and application examples. Step-by-step procedures for using spreadsheets to solve example problems with Microsoft Excel are included.

Book Description

American consumers have become accustomed to obtaining instant credit. The process requires that credit bureaus have easy access to sensitive financial information about individuals, compiled largely without their consent. This report examines the debate surrounding the role of the states in regulating these credit bureaus, especially in light of expiring amendments to the Fair Credit Reporting Act, which have allowed bureaus to continue these practices, exempting them from state laws that might obstruct them.

How this controversy is resolved will have an important bearing on credit markets and financial privacy in the future. The authors make the case for continued federal preemption of the states in this area. Without it, the authors argue, the consumer credit system has developed in the United States would be put in jeopardy. ... Read more

Book Description

This book gives a new answer to the old question about the optimal degree of fiscal decentralization in a federal state.It shows that fiscal decentralization is a method to disclose the preferences of currently living and future generations for local public goods, to limit the size of the government, and to avoid excessive public debt finance.While the allocative branch of the government benefits from fiscal decentralization, it is difficult to obtain a distribution of incomes that differs from the outcome that the market brings along. ... Read more

Book Description

Organizes data about budgeting and finance under nine headings;historical, conceptual, institutional, economic, strategic, administrative, behavioral, organizational, and technical perspectives.Fourth Edition integrates issues of policy, theory, and management…furnishes a solid theoretical foundation…provides introductory notes for each section that places different perspectives in context…focuses on both individual and group responses to many budgeting and financial situations…supplies difficult-to-locate analyses from scattered sources in the literature…and more. ... Read more

Reviews (1)

Information Only
This book is not worth the listed price.School bookstores will have it cheaper, but still the material is outdated and not well written.It the reader's intent is purely academic it is a good sourse of information and numbers, but will not enlighten them on the subject. ... Read more

Book Description

Richard A. Chapman both clarifies and consolidates existing knowledge about the development of the British Treasury's role in public policy making and makes an original contribution to knowledge about the current work of the Treasury ... Read more

Book Description

Taking a novel and distinctive approach, which emphasises management and organisational learning as keys to organizational success, this text is also solidly practical and comprehensive and is supported by strong pedagogical features. ... Read more

Book Description

The fourteen papers presented in this volume are thought-provoking studies of the economic adjustment of Latin America to the difficult external environment of the 1980s. The debt problems of Latin America form the background for the analyses undertaken in this book. The articles go beyond description of the debt problems to offer insights on the more fundamental long-range problems facing policymakers in the region. Positive analyses into the nature of the adjustment process and insights into future institutional changes that could improve the functioning of the Latin American economies highlight the book. ... Read more

Book Description

Modern Public Economics covers this popular subject area in an accessible and user-friendly way. It provides a theoretical approach to the analysis of public economics. Topics are coherently explored and include welfare economics, taxation theory, applied problems in public economics and fiscal federalism. All results are explicitly derived, making analysis of topics much clearer for students. The book also interweaves topics from the frontiers of research, giving students a basis from which to participate in contemporary discussions. This book will be of great use to advanced undergraduates and also postgraduates in public economics. ... Read more

Reviews (1)

Excellent book for graduates and senior undergraduates
The subject matter of this book has become very important with the growth of deregulation policies. It is well known that, certain industries and activities cannot be left to the market forces and need to be owned by the public sector. Professor Jha has done an excellent job in explaining the basis for the public sector firms and to manage them efficiently. ... Read more