Contemporary Studies in Economic and Financial Analysis - Böcker

"Foreign Direct Investment in the United States" examines the factors that have motivated foreign firms to invest in the United States. Foreign direct investment (FDI) has changed from being a one-lane country road, handling a modest flow of financial traffic to a two-way superhighway carrying huge amounts of capital into, and out of, the country. There is an explanation regarding how this has all come about, through a multidimensional/multidisciplinary approach to the subject, applying both microeconomic and organizational theory. Cultural and political factors associated with FDI are considered whilst two full chapters are devoted to an analysis of the effectiveness of public policies (both federal and state) in attracting capital to the U.S. The book contains data that tracks FDI since 1950 by industry and by country of origin. Of special interest is the discussion of the relationship between the U.S. and Japan and how the chronic current account surplus of Japan became FDI to the U.S.

Has the liberalization of the Colombian economy gone too far or not far enough? This second volume of studies on the Colombian economy seeks to shed some light on this difficult question. A variety of issues related to the economic opening or liberalization (commonly referred to as apertura) of Colombia are discussed. The authors' analysis not only improves our understanding of Colombia during a period of dramatic change but also may provide insight into the impact of liberalization throughout Latin America.

The goal of the volume is to provide some background on the various financial market segments of the Asian Pacific region. An understanding of institutional detail (size and scope) of the relevant markets affords a view that lends or detracts from the credibility of intermarket comparisons. An exposure and understanding of institutional detail supplies information that may bear on the statistical results of the empirical analysis. The vital roles played by capital markets of pricing capital, issuing new shares, providing a liquidity-creating secondary feature, serving as a vehicle for asset transfer, and providing a linkage to international capital markets are as important to emerging markets as to developed countries.

This book is a collection of original articles on recent developments in the rapidly growing field of litigation economics, also called forensic economics. The book spans the more popular areas of litigation economics including: personal-injury economic loss analysis, commercial damages analysis securities litigation, punitive damages, employment litigation and intellectual property litigation. The authors of the articles are respected leaders in their fields. This series: includes titles covering a wide range of topics within the fields of economics and finance. It is international in scope, and serves as an invaluable reference for those interested in these fields.

This volume brings together contributions from anthropologists, political scientists, economics and policy professionals to explore the institutional, economic and ideational factors that shape the ways in which Europe has adapted to, resisted, and creatively responded to the challenges of globalization. Contributors to this volume were asked to consider the extent to which globalization is driving policy-making in contemporary Europe, and the extent to which Europe itself is influencing the shape, quality and velocity of globalization. Discussions in this volume reveal three main strategies adopted by European political actors in their efforts to respond to globalization: resistance, adaptation (and at times the mutual adaptation between the European and global environments), and the production of alternatives to global norms and practices. Yet, while politicians and citizens may call for European responses to globalization, the contributors to this volume suggest that Europe and globalization already exist in a relationship of reciprocal causality, in which European responses have provoked and will continue to provoke transformations of globalized forces, and that such responses feed back intentionally and unintentionally into domestic politics, economics and culture in Europe. This volume thus makes a provocative and innovative contribution to current academic literatures on globalization across the domains of social science. The contributors come from a variety of backgrounds to give this volume an inter-disciplinary approach. The discussions reveal European strategies to respond to globalization and an analysis of these solutions. This book is an excellent resource for any researcher interested in examining the relationship between Europe and globalization.

Globalization studies are rapidly filling many a library shelf, and understandably so. The geographical shift in contemporary history towards a more global world is not only significant in its own right, but also interrelates closely with other principal social changes concurrently unfolding, for example, in respect of economy, governance, identity and knowledge. As a result, research built around a theme of globalization offers among the most promising avenues to develop a wide-ranging coherent systemic perspective on societal trends today. Hence, the present book on globalization in Central and Eastern Europe (CEE) is especially welcome. Between these covers specialists on these countries researchers who are moreover mostly born of the region itself offer probing examinations of the intersections of transplanetary relations with cultural, ecological, economic, historical, political and psychological circumstances particular to this part of the world. The authors thereby adeptly put into practice the so-called glocalization principle that globality is never divorced from the particular place of its expression. Collectively, the chapters make an important inroad into deficits in globalization research regarding Central and Eastern Europe. Some other area studies research is published with an eye-catching reference to globalization in the title but actually says little on that subject. Not so here. This book does consistently and carefully address issues of growing transplanetary connectivity, effectively teasing out connections between globalization, regionalization and national experiences in CEE. Moreover, by accepting the challenge of publishing in English the researchers make their accounts more available to readers beyond the countries concerned. Having made this generous overture, it is for globalization generalists, as well as specialists on globalization in other parts of the world, to grasp the opportunity to digest the work presented here and make warranted adjustments to their understandings. "Contemporary Studies in Economic and Financial Analysis" is now available online at ScienceDirect full-text online of volumes 85 onwards.

This volume brings together contributions from a diverse group of authors each of whom have worked extensively on privatization and related reforms, such as restructuring and bankruptcy, in the transition economies of Central and Eastern Europe (CEE), the Commonwealth of Independent States (CIS), sometimes referred to as the Former Soviet Union, and South East Europe (SEE). A chapter on Chinese state enterprise reforms and privatization has been included in this volume due to Chinas importance economically and politically, its successful reform program to-date and its unique approach to reforms. The volume is largely a retrospective of the ten or so years of reform from 1990 to 2000, focused on privatization in the transition countries since the fall of the Berlin Wall, the peaceful revolutions in Poland and in then Czechoslovakia (now the Czech and Slovak Republics), the break-up of the Soviet Union and the formation of the Russian Federation. Most of the contributors to this volume worked closely with the leading reformers in Government during this period to assist them in designing and implementing their privatization programs. One of the contributors was directly involved in the process as a leading reformer in his country, as a Deputy Minister of Economy and as Director of its Privatization Agency. For the most part, sufficient time has passed to allow the authors to now treat their subject objectively. Serbia and China are unique in comparison to the other countries discussed in this volume, as their state enterprise reform and privatization programs are still on going. China started earlier than the other transition economies, but continue to the present time, due to what some analysts have described as a more gradualist approach to reforms that the other transition economies. Serbia was a late reformer due to the break-up of Yugoslavia, the conflict in the region and its years of isolation. Also, Serbia had to deal with the legacy of socially owned enterprises, not state-owned enterprises as in the other transition economies. Serbia is now in the process of trying to determine how to wind-up its program. While the volume is primarily a retrospective, the overview chapter provides lessons learned on banking and infrastructure reforms and the concluding chapter on lessons learned is forward looking. There is still much to do in many of these countries, especially in the CIS and SEE, the Asian transition economies such as Viet Nam and eventually in North Korea and Cuba. The concluding chapter draws concrete lessons from the earlier experience that could be of value to these countries. As such, this volume is a unique contribution to the current academic literature on the transition economies and on privatization. It includes original articles by experts on their subjects. One of the contributors was directly involved in the process as a leading reformer in his country.

The Global Financial Crisis of 2007-2009 has highlighted the resilience of the financial markets and broader economies from the developing world. This outcome owes much to the bitter experience and economic strategies developed and implemented at both a national and international level following the Asian Financial Crisis of 1997-1998. The objective of this volume is to investigate and assess the impact and response to the crisis from an emerging markets perspective including asset pricing, contagion, financial intermediation, market structure and regulation. Our hope is that the assembled papers will offer clear insights into the complex financial arrangements that now link emerging and developed financial markets in the current economic environment. The volume spans four dimensions: first, a series of background studies offer explanations of the causes and impacts of the crisis on emerging markets more generally; then, implications are considered. The third and final sections provide insights from regional and country-specific perspectives.

Contemporary Studies in Economic and Financial Analysis provides further insights to postcrisis developments in the global economic and financial environment. Our hope is that the assembled papers will offer clear insights into the complex financial arrangements that now link emerging and developed financial markets in the current economic environment, outlining a multidisciplinary research agenda for the field.

This 72nd volume in the series discusses such topics as the influence of the environment, the effect of the type of regime, regional case studies, and generalizations.

This volume discusses such topics in the field of litigation economics as forensic economics, estimating damages in personal injury and wrongful death cases, forecasting medical costs in tort cases and economic analysis of business interruption losses.

This edited volume will highlight recent research in derivatives modelling and markets in a post-crisis world across a number of dimensions or themes. The book addresses the following main areas: derivatives models and pricing, model application and performance backtesting, new products and market features. Particular themes encompass: - continuous and discrete time modeling, - statistical arbitrage models, - arbitrage-free pricing, risk-neutral implied densities, - equilibrium pricing approaches (including e.g. co-integration), - applications of methods in computational statistics including simulation, - computationally intense techniques for pricing, estimation and backtesting, - complex derivative products, - credit and counterparty risk, - innovative market and product structures.

This volume is designed to present a conceptual and practical illustration for the contemporary developing role of Islamic Banking and Finance components including Islamic Banking, Non Islamic Banking (Takaful and Financial Markets Tools and Products.) with stronger focus directed to the regulatory aspects, country, regional case studies and International Financial Crisis impacts. Consequently this Volume aimed at a fruitful contribution while defining how public policies, governance, legal framework and field studies' lessons can help decision makers to identify the major factors that may shape the attitude of both Islamic Financial Institutions and customers towards safe and sound services and through defining main determinants for successful, strategic inclusion of the Islamic Financial System into the real sustained development nationally, regionally and internationally.

Volume 96 of Contemporary Studies in Economic and Financial Analysis provides further insights to postcrisis developments in the global economic and financial environment. Risk Management Post Financial Crisis: A Period of Monetary Easing includes papers from leading authors from central banks, worldrenowned universities and international organisations. Topics and issues addressed by this volume include: an overview of advances in risk management in the post financial crisis environment, the impact that complexity present in financial returns now plays in measuring reporting and risk, the role that sentiment and herding plays in distorting prices in financial markets, the procyclical impact of Basel III including effects on capital requirements and bank balance sheets, central bank monetary policies and bank liquidity in a world without quantitative easing, credit risk assessment and bank lending, and changes in the structure of international financial markets, including the rise and impact of financial markets in China and those financial products denominated in RMB.

Contemporary Issues in Financial Services special edition includes studies by the University of Malta, MSc Banking and Finance graduates and the respective lecturers, on financial services within particular countries or regions and studies of particular themes such as credit risk management, fund management and evaluation, forex hedging using derivatives and sovereign fixed income portfolios.

Including studies on different topical issues in finance by the participants of the 8th international scientific conference “New Challenges of Economic and Business Development – 2016” this new work contains research from various European countries, specifically Germany, Italy, Latvia, Malta, and Poland. Chapters explore the impact of financial literacy on domestic economic activity in the Baltic States, the rapid rise of FinTech, which has changed the banking landscape, requiring more innovative solutions; Crowdfunding in the European Union, specifically examining the performance, development and perspectives; the case of Latvia to highlight the Profiles of SMEs as Borrowers, the factors that interfere with the availability of funding to the small and medium-sized companies, an analysis of Risk Parity Approach for Sovereign Fixed-Income Portfolios in Eurozone countries by looking at studies of preventive arrangements with creditors in Italy; and Mergers and Acquisitions by studying examples of best practices in Cross-Border acquisitions.

Contemporary Issues in Economic and Financial Analysis 99 includes fourteen studies on contemporary issues within governance and regulations by authors invited from various universities and institutions. The chapters are a mix of discussion-based studies and empirical research studies aimed at understanding particular aspects of governance and regulations. Some refer to a particular country—specifically Malta, Indonesia, and India—and others are more generic and/or European-focused. These chapters include studies of the following: the challenges of corporate governance in small family-owned firms; a credit institution's perspective for managing conduct risk in the boardroom; the implications of the regulation and governance of financial advice in Europe for the retail financial advice sector and its consumers; the barriers to the development of Maltese cooperatives; corporate governance and cash holdings in Indian firms; whether good governance fosters trust in the government; the impact of takeover bids on European law and corporate governance; the developments and outcomes of the reform of the doctrine of “utmost good faith” in the UK; whether corporate decisions in Indonesia are a result of corporate governance requirements; earning management and audit reports; the European deposit insurance scheme; product intervention of supervisory authorities in financial services; the teaching of financial services regulation; how to link the human element to the risk management process, which is one of the internal control processes in governance of an organisation; and whether the transparency regime on the financial institutions market really works.

This special 100th edition of the Emerald book series Contemporary Issues in Economic and Financial Analysis dedicates 14 chapters to contemporary issues in business and financial management in Eastern Europe by authors invited mainly from the Rostov State University of Economics. As the title suggests, the chapters are a mix of studies on economic and financial aspects in Eastern Europe. Two chapters are dedicated to the green economy and finance and others to information technology in banks and the treasury, problems of fund raising for accumulated damage repair, company business and individual entrepreneurship activity strategy, competency-based management, the economic coenosis theory, the fiscal mechanism, global interaction in the world economy, bank economic capital model, corporate reporting and the concept of alienation.

This special edition of Contemporary Studies in Economic and Financial Analysis offers seventeen chapters from invited participants in the International Applied Social Science Congress, held in Turkey between the 19th and 21st April 2018.  The chapters included tackle a range of issues, including risk and control in consumer behavior; augmented reality applications in brand trust; foreign exchange rates; and brand reputation influence, among many more. Covering concepts such as retirement planning, the stock market, and herd behavior, Contemporary Issues in Behavioral Finance is a fundamental text for any researcher or student of behavioral finance, with a cast of expert contributors and editors.

This special edition of Contemporary Studies in Economic and Financial Analysis offers twenty-three chapters by invited participants in the International Applied Social Science Congress. In these chapters chronical a wide variety of important issues such as: Volatility spillover between conventional stock index and participation index; The Interplay Between Experience, Satisfaction and Positive Word of Mouth: A Study on City Marketing in Afyonkarahisar and more.This international and wide-ranging exploration on different economic systems provides a comprehensive account which brings a wide range of countries to the forefront in terms of both comparability and accountability, this study shines a light on the differences in systems between states, and provides timely and accurate information to equip readers to minimize those differences.

A New Social Street Economy: An Effect of The COVID-19 Pandemic explores the impact of the Corona crisis on the capitalist world and the developments that have taken place throughout the world. Uniquely, this book considers the street economy in terms of how it relates to the social economy and how it contributes to the four main dimensions of social economy; which are supply of needs, social benefit production, fair distribution and sustainability.Reciprocity is the mechanism that makes relational and organizational life possible. When reciprocity finds an economic expression for providing goods and services to people and communities, the conclusion is a working social economy.In these difficult times, we witness both the best and worst aspects of human nature. The street economy is the most basic component, indicator and guarantee of an egalitarian, solidarist, sharing and truly participative social economy and democracy in an epidemic environment that supports all groups in need without questioning the identity or origins of the groups in need.

Managing Risk and Decision Making in Times of Economic Distress adds much needed scholarly analysis of the fledgling decision/control approach, arguing the merits of its empirical content to shed light on the structure of capital contracts and rationale for diversity of objectives.Underpinning the book's central arguments are questions surrounding the identification and realisation of opportunities during periods of distress or disruption. Although such questions have been the focus of corporate finance, risk management, and financial management studies and literature, within the context of COVID-19 gaps remain unresolved.Continuity should be a proactive living plan to return to the norm we know, and continuity planning forms an integral part of a risk management strategy. With the future set to be shaped by these many disruptions and humanity's responses to it, critical insights are more important than ever, to ensure and determine progress towards the Sustainable Development Goals and recovering from these economic and social challenges.Contemporary Studies in Economic and Financial Analysis publishes a series of current and relevant themed volumes within the fields of economics and finance. Both disciplinary and interdisciplinary studies are welcome.

Managing Risk and Decision Making in Times of Economic Distress: Part B adds much needed scholarly analysis of the fledgling decision/control approach, arguing the merits of its empirical content to shed light on the structure of capital contracts and rationale for diversity of objectives.Underpinning the book’s central arguments are questions surrounding the identification and realisation of opportunities during periods of distress or disruption. Although such questions have been the focus of corporate finance, risk management, and financial management studies and literature, within the context of COVID-19 gaps remain unresolved.Continuity should be a proactive living plan to return to the norm we know, and continuity planning forms an integral part of a risk management strategy. With the future set to be shaped by these many disruptions and humanity’s responses to it, critical insights are more important than ever, to ensure and determine progress towards the Sustainable Development Goals and recovering from these economic and social challenges.Contemporary Studies in Economic and Financial Analysis publishes a series of current and relevant themed volumes within the fields of economics and finance. Both disciplinary and interdisciplinary studies are welcome.

The Covid 19 pandemic has created chaos in the business world and forced leaders to rethink their operational status quo. Balancing the physical and virtual spaces of the global digital economy wherein economic, commercial, and professional transactions are enabled by information and communication technologies has called for additional support from data-driven technologies like smart analytics and artificial intelligence. Opportunities created within digital economies to leverage technologies to execute tasks better, faster, and often differently have found the desired prominence in the recent past. Though the benefits outweigh the risks, the challenges in digitalised economies are as sophisticated as the solutions they offer.Smart Analytics, Artificial Intelligence and Sustainable Performance Management in a Global Digitalized Economy presents various viewpoints on topics like artificial intelligence, blockchain technology, digitalisation in various sectors, technology issues like cybersecurity and financial inclusion, and technology-enabled banking issues like money laundering. The theme of sustainability forms the core of the book.

The COVID-19 pandemic has led to further acceleration of digitalisation in all areas. This caused significant changes in economic and social life. Through digitalisation, the need for people in business life has decreased and has forced the traditional employment structure to change. During the pandemic period, some segments enjoyed the advantages of owning digital technologies, while others remained strangers to the new world because they were deprived of digital technologies, revealing the inequality of opportunity on an individual or social basis.Although this rapid change produced positive results, it also brought about risks. To help mitigate such emerging risks, The New Digital Era’s two volumes vitally generate new information in order to determine the advantages and risks in which areas this digitalisation, which has increased with the COVID-19 pandemic. The chapter authors highlight the new social and economic policies that are needed to balance the effects on social and economic life and prevent possible conflicts between individuals and societiesContemporary Studies in Economic and Financial Analysis publishes a series of current and relevant themed volumes within the fields of economics and finance. Both disciplinary and interdisciplinary studies are welcome.

The COVID-19 pandemic has led to further acceleration of digitalization in all areas. This caused significant changes in economic and social life. Through digitalization, the need for people in business life has decreased and has forced the traditional employment structure to change. During the pandemic period, some segments enjoyed the advantages of owning digital technologies, while others remained strangers to the new world because they were deprived of digital technologies, revealing the inequality of opportunity on an individual or social basis.Although this rapid change produced positive results, it also brought about risks. To help mitigate such emerging risks, The New Digital Era’s two volumes vitally generate new information in order to determine the advantages and risks in which areas this digitalization, which has increased with the COVID-19 pandemic. The chapter authors highlight the new social and economic policies that are needed to balance the effects on social and economic life and prevent possible conflicts between individuals and societiesContemporary Studies in Economic and Financial Analysis publishes a series of current and relevant themed volumes within the fields of economics and finance. Both disciplinary and interdisciplinary studies are welcome.

Digitization of economic and management processes allows for the delivery of new value and higher efficiency in the implementation of strategic goals. This is due to the inclusion of digital technologies in the existing rules of functioning among partners involved in the flow of resources, and from their readiness for digital transformation.A significant challenge, in practical, organizational, and scientific terms is to understand the opportunities and threats resulting from digital transformation, to identify optimal strategies for the development of business entities in new economic and management conditions, taking care to adopt collateral and proper management of new risks. Addressing this challenge to the readers - contributors indicate the latest theoretical advances, and practical examples in Latvia, Romania, and Sri Lanka, among others. This results in a synthetic look at the complex digital transformation processes of the modern world, both in terms of the underlying causes and the vast effects of the transformations and digitization of social and economic life.Contemporary Studies in Economic and Financial Analysis publishes a series of current and relevant themed volumes within the fields of economics and finance. Both disciplinary and interdisciplinary studies are welcome.

Digitization of economic and management processes allows for the delivery of new value and higher efficiency in the implementation of strategic goals. This is due to the inclusion of digital technologies in the existing rules of functioning among partners involved in the flow of resources, and from their readiness for digital transformation.A significant challenge, in practical, organizational, and scientific terms is to understand the opportunities and threats resulting from digital transformation, to identify optimal strategies for the development of business entities in new economic and management conditions, taking care to adopt collateral and proper management of new risks. Addressing this challenge to the readers - contributors indicate the latest theoretical advances, and practical examples in FinTech, The Internet of Things, and AI, among others. This results in a synthetic look at the complex digital transformation processes of the modern world, both in terms of the underlying causes and the vast effects of the transformations and digitization of social and economic life.Contemporary Studies in Economic and Financial Analysis publishes a series of current and relevant themed volumes within the fields of economics and finance.

The global community is at a critical moment in its pursuit of the Sustainable Development Goals (SDGs); crises are threatening decades of development gains, further delaying the urgent transition to greener, more inclusive economies, and throwing progress on the SDGs even further off track. When it comes to sustainability and combating our current climate emergency, we need sustainable solutions that can protect our water, energy and food resources while also aiming for zero waste.Sustainable Development Goals considers these solutions throughout twelve chapters, introducing the subject of sustainable development then delving into detail of the framework to address these gaps and shortages in different disciplines and sectors. The global drivers of change are analysed and the opportunities and challenges of attainment of development goals are investigated.Contemporary Studies in Economic and Financial Analysis publishes a series of current and relevant themed volumes within the fields of economics and finance. Both disciplinary and interdisciplinary studies are welcome.