Understanding Economic Growth: Modern Theory and Experience (2011)

Modern economies have undergone a dramatic change.  There has been a shift from large scale material manufacturing to the design and application of new technology with R&D and human capital.  The new information age has introduced significant productivity gains through increasing returns and learning by doing, which has challenged the traditional growth models based on competitive market structures.  Institutions outside the traditional markets and the genetic principle of survival of the fittest have dominated the current theory of industry growth.

 

Foreign Policy - January/February 2011

FOREIGN POLICY is the premier, award-winning magazine of global politics, economics, and ideas. Our mission is to explain how the world works - in particular, how the process of global integration is reshaping nations, institutions, cultures, and, more fundamentally, our daily lives.

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Contemporary Financial Intermediation, 2 Second Edition (Academic Press Advanced Finance)

Stuart Greenbaum and Anjan Thakor bring a unique analytical approach to the subject of banks and banking in this completely revised and updated new edition. They expand the scope of the typical bank management course by addressing all types of deposit-type financial institutions and by explaining the why of intermediation rather than simply describing institutions, regulations, and market phenomena.This analytic approach strikes at the heart of financial intermediation by explaining why financial intermediaries exist and what they do. Specific regulations, economies, and policies will change, but the underlying philosophical foundations remain the same.

Foreign Policy - December 2010

FOREIGN POLICY is the premier, award-winning magazine of global politics, economics, and ideas. Our mission is to explain how the world works - in particular, how the process of global integration is reshaping nations, institutions, cultures, and, more fundamentally, our daily lives.

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