61 books match the query 'Business Development' and 2 start with i

cover of Increasing Returns and Path Dependence in the Economy

Increasing Returns and Path Dependence in the Economy

W. Brian Arthur

University of Michigan Press, 1994

In Complexity, the widely applauded work by Mitchell Waldrop that introduced the exciting and important work of the Santa Fe Institute to a wide audience, Brian Arthur and his ideas played a pivotal role and were shown connecting creatively with the many aspects of the Institute's work. This book brings together Professor Arthur's pioneering articles and provides a comprehensive presentation of his exciting vision of an economics that incorporates increasing returns. After a decade of resis-tance from economists, these ideas are now being widely discussed and adopted, as Kenneth Arrow recounts in his foreword. In fundamental ways they are changing our views of the working economy. The essential ideas are first introduced at a popular level with an article originally published in the Scientific American. They are then shown in powerful and convincing application to a variety of questions, including competition between technologies and the development of industrial clusters such as Silicon Valley. The volume also contains the technical articles that underpin the creation of this important and original work in economics. Brian Arthur's work establishes a whole new domain for economics, a new perspective on many contemporary economic problems, and an explanation for many puzzling features of the high technology economy. This book provides the ideal introduction to and a comprehensive exposition of Arthur's work.
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cover of International Capital Flows in Calm and Turbulent Times: The Need for New International Architecture

International Capital Flows in Calm and Turbulent Times

The Need for New International Architecture

Stephany Griffith-Jones, Ricardo Gottschalk, and Jacques Cailloux, Editors

University of Michigan Press, 2003

International Capital Flows in Calm and Turbulent Times analyzes the financial crises of the late 1990s and draws attention to the type of lenders and investors that triggered and deepened the crises. It concentrates on institutional investors and banks and provides detailed analysis of the countries most affected by the 1997-98 Asian financial crisis as well as the Czech Republic and Brazil. It also suggests necessary international financial reforms to make crises less likely.
The book is unique in its scrutiny of the type of lenders and investors that triggered and deepened the crises, focusing particularly on institutional investors and banks; allocation of their assets; the criteria used in this process; and the impact of the nature of the investor on the volatility of different types of capital flow. It addresses such questions as: What determines or triggers massive changes in perceptions and sentiment by different investors and leaders? To what extent does contagion spread not just among countries but between actors? What are the policy implications of this analysis? The book concludes by examining the asymmetries in the financial architecture discussions and implementation and by offering policy proposals.
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