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The Growth Of A Shadow

Author : Taejoon Moon
ISBN : 0982746636
Genre : Poetry
File Size : 59. 92 MB
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A collection of 71 poems by Korean author Taejoon Moon, these selected works bring a deeper meaning to the ordinary aspects of everyday life through Moon’s keen observations of his surroundings combined with his use of rich details. Inviting a different level of understanding, these observations—from a woman struggling with cancer to a flower dying in a pot to a herd of black goats—demonstrate Moon’s profound engagement with the world around him and encourages the same in his readers. Not only displaying an appreciation of the beauty and simplicity of everyday life, this collection also illustrates contemporary Korean literature and society with minimally elegant style.

Growth In The Shadows

Author : Rajeev K. Goel
ISBN : OCLC:1091121615
Genre : Informal sector (Economics)
File Size : 89. 26 MB
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"This paper provides a long-term view by studying the effect of the underground or shadow economy on economic growth in the Unites States over the period 1870 to 2014. Shadow activities might spur or retard economic growth depending on their interactions with the formal sector and impacts on the provision of public goods. Nesting the analysis in a standard neo-classical growth model, we use a relatively new time-series technique to estimate the short-run dynamics and long-run relationship between economic growth and its determinants. Results suggest that prior to WWII the shadow economy had a negative effect on economic growth; however, post-WWII the shadow economy was beneficial for growth. This ambiguity regarding the overall growth impact of the shadow economy is consistent with underlying theoretical arguments."--Abstract.

Hiding In The Shadows The Growth Of The Underground Economy Epub

Author : Friedrich Schneider
ISBN : 9781452770543
Genre : Business & Economics
File Size : 27. 78 MB
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Examines the role of the shadow, or underground, economy. Looks at ways of measuring it, the relationship between the shadow economy and the main stream economy, why it has been growing in size, and its effects on overall economic growth. How can states limit the size of the shadow economy, and does it matter that it exists?

The Shadow Side Of Community And The Growth Of The Self

Author : Mary Wolff-Salin
ISBN : 0824511573
Genre : Religion
File Size : 21. 80 MB
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Hiding In The Shadows The Growth Of The Underground Economy

Author : Friedrich Schneider
ISBN : 1589060962
Genre : Electronic books
File Size : 63. 49 MB
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Based on IMF working paper 00/26, "Shadow Economies Around the World: Size, Causes, and Consequences," February 2000.

The Growth Of Shadow Banking

Author : Matthias Thiemann
ISBN : 9781107161986
Genre : Business & Economics
File Size : 36. 55 MB
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By analyzing the growth and regulation of shadow banking activities by large banks in Western Europe and the US, this book illuminates how the evolution of finance, driven by structural pressures and financial innovations, is crucially mediated through state-finance interactions on the meaning of rules and the need to comply.

Economic Growth With Equity

Author : K. J. Langford
ISBN : 0821344048
Genre : Business & Economics
File Size : 54. 82 MB
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Latin America and the Caribbean Region Viewpoints Many articles have been written about the causes of financial crises in emerging market... ... Much less attention has been devoted to the effectiveness of alternative policy responses and the ensuing process of recovery of the real economy... This paper analyzes the adjustment process in the aftermath of speculative attacks in six countries: Argentina, Brazil, Mexico, Indonesia, Korea, and Thailand. As implied by the title, the main question to be addressed is whether the tales of adjustment in these Latin American and Asian economies were similar. This comparison is interesting for several reasons. The six countries came under the aegis of adjustment programs supported by international financial institutions, and the associated policy prescriptions have been at the center of attention. Of the six cases, one is an example of a successful defense of the currency, while another exemplifies a temporarily successful defense followed by an incomplete adjustment program. The others experienced dramatic currency devaluations. This small sample of episodes of adjustment also offers variety in the magnitude of the ensuing economic decline. While the Mexican and Argentine crises of 1995, and even the Brazilian adjustment after the October 1997 attack against its currency, were certainly costly, the Asian crises have been deeper and the recovery of the real economy has been slower. The paper draws policy implications for reducing the costs of the macroeconomic adjustment after currency crises. Also available: English edition. 1999. 52 pages. Stock no. 14541 (ISBN 0-8213-4541-9).

Shadow Economies Around The World

Author : Mr. Friedrich Schneider
ISBN : 9781451892130
Genre : Business & Economics
File Size : 52. 11 MB
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This paper presents estimates of the size of the shadow economy in 76 developing, transition, and OECD countries, which are derived by combining figures from different estimation methods. We describe and discuss the strengths and weaknesses of the different estimation methods. We find that the growth of the shadow economy—which is now remarkably large in the 76 countries—is strongly related to increasing burdens of taxation and social security contributions, as well as to the extent of state regulatory activities. Rising corruption also has a clearly positive impact on the growth of the shadow economy.

The Shadow Of The Tsunami

Author : Philip M. Bromberg
ISBN : 9781136853074
Genre : Psychology
File Size : 52. 61 MB
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During early development, every human being is exposed to the relative impact of relational trauma – disconfirmation of aspects of oneself as having legitimate existence in the world of others – in shaping both the capacity for spontaneous human relatedness and the relative vulnerability to "adult-onset trauma." To one degree or another, a wave of dysregulated affect – a dissociated "tsunami" – hits the immature mind, and if left relationally unprocessed leaves a fearful shadow that weakens future ability to regulate affect in an interpersonal context and reduces the capacity to trust, sometimes even experience, authentic human discourse. In his fascinating third book, Philip Bromberg deepens his inquiry into the nature of what is therapeutic about the therapeutic relationship: its capacity to move the psychoanalytic process along a path that, bit by bit, shrinks a patient's vulnerability to the pursuing shadow of affective destabilization while simultaneously increasing intersubjectivity. What takes places along this path does not happen because "this" led to "that," but because the path is its own destination – a joint achievement that underlies what is termed in the subtitle "the growth of the relational mind." Expanding the self-state perspective of Standing in the Spaces (1998) and Awakening the Dreamer (2006), Bromberg explores what he holds to be the two nonlinear but interlocking rewards of successful treatment – healing and growth. The psychoanalytic relationship is illuminated not as a medium for treating an illness but as an opportunity for two human beings to live together in the affectively enacted shadow of the past, allowing it to be cognitively symbolized by new cocreated experience that is processed by thought and language – freeing the patient's natural capacity to feel trust and joy as part of an enduring regulatory stability that permits life to be lived with creativity, love, interpersonal spontaneity, and a greater sense of meaning.

What Is Shadow Banking?

Author : Stijn Claessens
ISBN : 9781475598124
Genre : Business & Economics
File Size : 46. 47 MB
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There is much confusion about what shadow banking is. Some equate it with securitization, others with non-traditional bank activities, and yet others with non-bank lending. Regardless, most think of shadow banking as activities that can create systemic risk. This paper proposes to describe shadow banking as “all financial activities, except traditional banking, which require a private or public backstop to operate”. Backstops can come in the form of franchise value of a bank or insurance company, or in the form of a government guarantee. The need for a backstop is in our view a crucial feature of shadow banking, which distinguishes it from the “usual” intermediated capital market activities, such as custodians, hedge funds, leasing companies, etc.

Shadow Work

Author : Michael Ruth
ISBN : 0966808355
Genre : Shadow (Psychoanalysis)
File Size : 53. 79 MB
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The path to spiritual development, or the "walk of life," is not a race, but a deliberate stroll. Shadow Work: A New Guide to Spiritual and Psychological Growth tells readers what they will need to pack in order to make this journey and win the battle with the "shadow."

In The Shadow Of Adam Smith

Author : Donald Rutherford
ISBN : 9781137008435
Genre : Business & Economics
File Size : 63. 89 MB
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Adam Smith, who has towered over economics for more than two hundred years, was not alone in Scotland in creating systems of analysis which would explain how economies function and prosper. Writers of various backgrounds – there being no such profession as 'economist' – who were inspired by issues of the day as well as by the writings of Smith and other Scots, made significant contributions to the development of economic theory and policy that are often overlooked today. In the Shadow of Adam Smith, a landmark work in the history of economic thought, surveys and integrates the ideas of eighty Scottish writers from the 18th and 19th centuries to reveal a startlingly rich tapestry of argument and debate on a wide variety of economic subjects, both philosophical and practical, that remain highly pertinent today. Government debt, economic growth, banking, credit, taxation – all were tackled by this remarkable, diverse collection of writers. Through reading their contributions to economics we both understand modern economic issues and thought more deeply, and gain a richer understanding of Adam Smith's thought and inheritance. Written in a crisp and readable style with a minimum of technical detail, this is an ideal book for students of the history of economics, as well as academics and general readers.

Uncertainty Expectations And Financial Instability

Author : Eric Barthalon
ISBN : 9780231538305
Genre : Business & Economics
File Size : 51. 37 MB
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Eric Barthalon applies the neglected theory of psychological time and memory decay of Nobel Prize–winning economist Maurice Allais (1911–2010) to model investors' psychology in the present context of recurrent financial crises. Shaped by the behavior of the demand for money during episodes of hyperinflation, Allais's theory suggests economic agents perceive the flow of clocks' time and forget the past at a context-dependent pace: rapidly in the presence of persistent and accelerating inflation and slowly in the event of the opposite situation. Barthalon recasts Allais's work as a general theory of "expectations" under uncertainty, narrowing the gap between economic theory and investors' behavior. Barthalon extends Allais's theory to the field of financial instability, demonstrating its relevance to nominal interest rates in a variety of empirical scenarios and the positive nonlinear feedback that exists between asset price inflation and the demand for risky assets. Reviewing the works of the leading protagonists in the expectations controversy, Barthalon exposes the limitations of adaptive and rational expectations models and, by means of the perceived risk of loss, calls attention to the speculative bubbles that lacked the positive displacement discussed in Kindleberger's model of financial crises. He ultimately extrapolates Allaisian theory into a pragmatic approach to investor behavior and the natural instability of financial markets. He concludes with the policy implications for governments and regulators. Balanced and coherent, this book will be invaluable to researchers working in macreconomics, financial economics, behavioral finance, decision theory, and the history of economic thought.

The Possibility Of Politics

Author : Stein Ringen
ISBN : 141283161X
Genre : Political Science
File Size : 70. 53 MB
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The Possibility of Politics explores the power of political reform, specifically reform of the modern welfare state. Can reform be effective if limited to cautious and piecemeal interventions that avoid radicalism and revolution? Can it also avoid unwanted consequences? Will the welfare state survive in the future? Stein Ringen views the welfare state as a large-scale experiment in political reform. To ask if the welfare state works is to ask if political reform is possible at all. By its nature, the welfare state is reform on a grand scale, for it attempts to change the circumstances individuals and families live under without changing and disrupting society itself. But is it realistic to believe a population can get together, set goals and then try to meet these goals through collective actions, specifically public policies, without causing unintended consequences and destroying the state in the process? The welfare state attempts, idealistically, to redistribute welfare without reshaping the economic processes that cause inequities in the first place. Ringen considers how well redistribution has met the test in terms of political legitimacy, its intended effects on poverty and inequality, as well as its undesired and unintended effects on economic efficiency and the quality of private life. Ultimately, does the welfare state work? Further, is the welfare state a good thing? In considering these questions, The Possibility of Politics should be of particular value to academics and advanced students interested in political theory, public economics, social administration, and political sociology. Stein Ringen is professor of sociology and social policy at Oxford University and a Fellow of Green College. He teaches social and political theory and research methodology for graduates in social policy, sociology, politics, economic and social history and other subjects.

The Shadow Economy

Author : Friedrich Schneider
ISBN : 9781107034846
Genre : Business & Economics
File Size : 86. 38 MB
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Presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.

Across The Great Divide

Author : Martin Neil Baily
ISBN : 9780817917869
Genre : Business & Economics
File Size : 43. 98 MB
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The financial crisis of 2008 devastated the American economy and caused U.S. policymakers to rethink their approaches to major financial crises. More than five years have passed since the collapse of Lehman Brothers, but questions still persist about the best ways to avoid and respond to future financial crises. In Across the Great Divide, a copublication with Brookings Institution, contributing economic and legal scholars from academia, industry, and government analyze the financial crisis of 2008, from its causes and effects on the U.S. economy to the way ahead. The expert contributors consider postcrisis regulatory policy reforms and emerging financial and economic trends, including the roles played by highly accommodative monetary policy, securitization run amok, government-sponsored enterprises (GSEs), large asset bubbles, excessive leverage, and the Federal funds rate, among other potential causes. They discuss the role played by the Federal Reserve and examine the concept of "too big to fail." And they review and assess resolution frameworks, considering experiences with Lehman Bros. and other firms in the crisis, Title II of the Dodd-Frank Act, and the Chapter 14 bankruptcy code proposal.

Market Oriented Systemic Transformations In Eastern Europe

Author : Paul J.J. Welfens
ISBN : 3540557938
Genre : Business & Economics
File Size : 38. 98 MB
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Socialist economies in Eastern Europe have collapsed and em- barked upon market-oriented reforms. The causes of the demise of centrally planned economies are analyzed and the basic challenges of systemic tranformation discussed. Negative income and wealth effects as well as distribution issues make adjustment extremely difficult. The fundamental roles of privatization and foreign investment are adressed. Foreign economic liberalization is considered to be of centralimportance for a growth-oriented adjustment path in a stage of conflict-prone policy and options. Politico-economic aspects of the new European developments in addition to North-South issues are analyzed. Difficult choices await decison-makers in economic policy and the business community in Eastern Europe and in leading market economies.

Shedding Light On Shadow Banking

Author : Artak Harutyunyan
ISBN : 9781498331111
Genre : Business & Economics
File Size : 88. 3 MB
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In this paper, we develop an alternative approach to estimate the size of the shadow banking system, using official data reported to the IMF complemented by other data sources. We base our alternative approach on the expansion of the noncore liabilities concept developed in recent literature to encompass all noncore liabilities of both bank and nonbank financial institutions. As opposed to existing measures of shadow banking, our newly developed measures capture nontraditional funding raised by traditional banks. We apply the new approach to 26 jurisdictions and analyze the results over a twelve-year span. We find that noncore liabilities are procyclical and display more volatility than core liabilities for most jurisdictions in the sample. We also compare our measures to existing measures, such as the measure developed by the Financial Stability Board. Our approach can be replicated over time using internationally-comparable data and thus may serve as an operational tool for IMF surveillance and policy analysis.

Shadow Education

Author : Mark Bray
ISBN : 9789290926597
Genre : Education
File Size : 24. 78 MB
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In all parts of Asia, households devote considerable expenditures to private supplementary tutoring. This tutoring may contribute to students' achievement, but it also maintains and exacerbates social inequalities, diverts resources from other uses, and can contribute to inefficiencies in education systems. Such tutoring is widely called shadow education, because it mimics school systems. As the curriculum in the school system changes, so does the shadow. This study documents the scale and nature of shadow education in different parts of the region. Shadow education has been a major phenomenon in East Asia and it has far-reaching economic and social implications.

The Politics Of Organized Crime And The Organized Crime Of Politics

Author : Alfredo Schulte-Bockholt
ISBN : 9780739159248
Genre : Social Science
File Size : 63. 38 MB
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More than simply a study of the mafia, Alfredo Schulte-Bockholt's work argues that collaboration between political science and criminology is critical to understanding the real nature of organized crime and its power. Schulte-Bockholt looks at specific case studies from Asia, Latin America, and Europe as he develops a theoretical discussion—drawing on the thought of Max Horkheimer, Theodor Adorno, and Antonio Gramsci—of the intimate connections between criminal groups and elite structures. Ranging from an historical discussion of the world drug economy to an examination of the evolution of organized crime in the former Soviet Union, the book extends into a consideration of the possible future development of organized crime in the age of advanced globalization.

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