Risk, Uncertainty and Profit

Risk, Uncertainty and Profit
Author: Frank H. Knight
Publisher: Cosimo, Inc.
Total Pages: 401
Release: 2006-11-01
Genre: Business & Economics
ISBN: 1602060053

Download Risk, Uncertainty and Profit Book in PDF, Epub and Kindle

A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.

Exporting High-value Food Commodities

Exporting High-value Food Commodities
Author: Steven Jaffee
Publisher: World Bank Publications
Total Pages: 124
Release: 1993-01-01
Genre: Business & Economics
ISBN: 9780821324165

Download Exporting High-value Food Commodities Book in PDF, Epub and Kindle

The economic integration of the European Community (EC) and its implications for Sub-Saharan Africa are examined in this anthology.

World Development Report 2020

World Development Report 2020
Author: World Bank
Publisher: World Bank Publications
Total Pages: 511
Release: 2019-11-19
Genre: Business & Economics
ISBN: 1464814953

Download World Development Report 2020 Book in PDF, Epub and Kindle

Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.

Handbook of Commercial Policy

Handbook of Commercial Policy
Author:
Publisher: Elsevier
Total Pages: 600
Release: 2016-11-02
Genre: Business & Economics
ISBN: 0444639268

Download Handbook of Commercial Policy Book in PDF, Epub and Kindle

Handbook of Commercial Policy explores three main topics that permeate the study of commercial policy. The first section presents a broad set of basic empirical facts regarding the pattern and evolution of commercial policy, with the second section investigating the crosscutting legal issues relating to the purpose and design of agreements. Final sections cover key issues of commercial policy in the modern global economy. Every chapter in the book provides coverage from the perspectives of multilateral, and where appropriate, preferential trade agreements. While most other volumes are policy-oriented, this comprehensive guide explores the ways that intellectual thinking and rigor organize research, further making frontier-level synthesis and current theoretical, and empirical, research accessible to all. Covers the research areas that are critical for understanding how the world of commercial policy has changed, especially over the last 20 years Presents the way in which research on the topic has evolved Scrutinizes the economic modeling of bargaining and legal issues Useful for examining the theory and empirics of commercial policy

Internal Capital Markets in Business Groups and the Propagation of Credit Supply Shocks

Internal Capital Markets in Business Groups and the Propagation of Credit Supply Shocks
Author: Ms.Yu Shi
Publisher: International Monetary Fund
Total Pages: 39
Release: 2019-05-21
Genre: Business & Economics
ISBN: 1498316352

Download Internal Capital Markets in Business Groups and the Propagation of Credit Supply Shocks Book in PDF, Epub and Kindle

Using business registry data from China, we show that internal capital markets in business groups can propagate corporate shareholders’ credit supply shocks to their subsidiaries. An average of 16.7% local bank credit growth where corporate shareholders are located would increase subsidiaries investment by 1% of their tangible fixed asset value, which accounts for 71% (7%) of the median (average) investment rate among these firms. We argue that equity exchanges is one channel through which corporate shareholders transmit bank credit supply shocks to the subsidiaries and provide empirical evidence to support the channel.

Measuring and Analyzing the Impact of GVCs on Economic Development

Measuring and Analyzing the Impact of GVCs on Economic Development
Author: World Trade Organization
Publisher: World Trade Organization
Total Pages: 0
Release: 2017
Genre: Political Science
ISBN: 9789287041258

Download Measuring and Analyzing the Impact of GVCs on Economic Development Book in PDF, Epub and Kindle

This report is about a huge contribution to our deepening understanding of what the global economy really means and how it is changing. The report helpfully distinguishes elements of an economy that are tradable and the large set that are non-tradable. Clearly the tradables set is expanding with the support of enabling technology. The report argues that connectivity in the networks that define the evolving architecture of GVCs is important. This Global Value Chain Development Report is the result of intensive and detailed work in assembling and analyzing data on the structure of economies and on how they are linked. It creates a much clearer picture of evolving patterns of independence. It also presents a much clearer picture of comparative advantage. --Publisher description.

Global Economic Prospects, January 2019

Global Economic Prospects, January 2019
Author: World Bank Group
Publisher: World Bank Publications
Total Pages: 470
Release: 2019-02-12
Genre: Business & Economics
ISBN: 1464813868

Download Global Economic Prospects, January 2019 Book in PDF, Epub and Kindle

The outlook for the global economy has darkened. Global financing conditions have tightened, industrial production has moderated, trade tensions have intensified, and some large emerging market and developing economies have experienced significant financial market stress. Faced with these headwinds, the recovery in emerging market and developing economies has lost momentum. Downside risks have become more acute and include the possibility of disorderly financial market movements and an escalation of trade disputes. Debt vulnerabilities in emerging market and developing economies, particularly low-income countries, have increased. More frequent severe weather events would raise the possibility of large swings in international food prices, which could deepen poverty. In this difficult environment, it is of paramount importance for emerging market and developing economies to rebuild policy buffers while laying a stronger foundation for future growth by boosting human capital, promoting trade integration, and addressing the challenges associated with informality,

Global Economic Prospects 2007

Global Economic Prospects 2007
Author: World Bank
Publisher: World Bank Publications
Total Pages: 216
Release: 2006
Genre: Business
ISBN: 0821367285

Download Global Economic Prospects 2007 Book in PDF, Epub and Kindle

Over the next 25 years developing countries will move to center stage in the global economy. Global Economic Prospects 2007 analyzes the opportunities - and stresses - this will create. While rich and poor countries alike stand to benefit, the integration process will make more acute stresses already apparent today - in income inequality, in labor markets, and in the environment. Over the next 25 years, rapid technological progress, burgeoning trade in goods and services, and integration of financial markets create the opportunity for faster long-term growth. However, some regions, notably Africa, are at risk of being left behind. The coming globalization will also see intensified stresses on the "global commons." Addressing global warming, preserving marine fisheries, and containing infectious diseases will require effective multilateral collaboration to ensure that economic growth and poverty reduction proceed without causing irreparable harm to future generations."

Agricultural Policy Reform and the WTO

Agricultural Policy Reform and the WTO
Author: Giovanni Anania
Publisher: Edward Elgar Publishing
Total Pages: 676
Release: 2004
Genre: Business & Economics
ISBN:

Download Agricultural Policy Reform and the WTO Book in PDF, Epub and Kindle

Contiene: Preface Agricultural Policy Reform: Past Present and Future. - Part I: Agriculture and Agricultural Policy Changes Ten Years After the Uruguay Round. - Part II: The Three Pillars of the WTO Negotiations on Agriculture. - Part III: Agricultural Trade Relations, WTO Negotiations on Agriculture and the Developing World. - Part IV: The WTO and the Future of International Trade Relations.