Series: Economics as Social Theory
This book provides a theoretical and historical examination of the evolution of money. It is distinct from the majority of ‘economic’ approaches, for it does not see money as an outgrowth of market exchange via barter. Instead, the social, political, legal and religious origins of money are...
Published March 12th 2013 by Routledge
The book provides a rigorous introduction to corporate finance and the valuation of equity. The first half of the book covers much of the received theory in these areas such as the relationship between the risk of an equity security and the return one can expect from it, the effects of leverage (...
Published July 11th 2012 by Routledge
At the end of the 20th century, mainstream economics was based on theories which viewed capitalism as a self-regulating system, whereby crises come about due to external shocks and would be automatically corrected by the price mechanism if it was flexible enough. Post-Keynesian economists, however,...
Published April 24th 2013 by Routledge
Notwithstanding financial crises, global foreign exchange markets have undergone a tremendous growth during the last two decades. Foreign exchange (FX) is often thought of as a site where economic actors exchange currencies for buying foreign goods or selling goods in foreign countries, but the FX...
Published May 23rd 2013 by Routledge
Information, Strategies, and Governance to Enhance Performances in Risky Times
This collection considers the financial crisis from a managerial perspective, focussing on the business implications for the financial industry. Topics examined include governance, information needs and strategy of financial intermediaries and investors. The contributions build on the existing...
Published September 17th 2012 by Routledge
Emerging market economies have accounted for three quarters of world economic growth and more than half of world output over the last decade. But the energy and ideas inherent in emerging economies cannot generate growth by themselves without resources to support them — and first among these...
Published January 21st 2013 by Routledge
The concept of the origin of money has been a topic of interest and discussion to almost all schools of economic thought. However, in spite of minor differences of interpretation, most views share an underlying core principal about the rise and origin of money, implicit in which is the central...
Published June 27th 2012 by Routledge
The financial crash of 2008 showed the fragility of the financial system. A key question which surfaced in the aftermath of the global crisis was why economists were unable to predict this crash. This new volume argues that this failure can be attributed, at least in part, to the poor and...
Published November 20th 2012 by Routledge
The Foundations of an Alternative Economic Paradigm
This book sheds light on some of the most recent developments in monetary analysis which offer a theoretical framework for a renewed monetary approach and related policy extensions. It points to recent research on what a consistent and broad-scope monetary theory could be based in...
Published April 15th 2013 by Routledge
How Would Keynes Reconstruct Economics?
The recent global financial crisis has made the inadequacies of the scientific state of economics and finance glaringly obvious, as these disciplines gave the false reassurance that such a self-destructive phenomenon could not happen. A similar phenomenon arose in the 1930’s, when the pitfalls of...
Published October 25th 2012 by Routledge
The Sociology of Confidence, Fear and Betrayal
The financial crisis that started in 2007 is a concern for the world. Some countries are in depression and governments are desperately trying to find solutions. In the absence of thorough debate on the emotions of money, bitter disputes, hatred and ‘moralizing’ can be misunderstood. New...
Published November 28th 2012 by Routledge
Many financial institutions have in recent years failed – failed either completely, and gone into bankruptcy, or failed in the sense that they have not achieved what their owners or their customers expected them to deliver. This has had significant and adverse effects on customers, taxpayers,...
Published September 5th 2012 by Routledge
The Risk to Come
This highly original book aims to broaden the discussion about risk, the management of risk and regulation, especially in the financial industry. By using terms of the philosopher Jacques Derrida, Peter Pelzer employs philosophical concepts to enrich the understanding of what risk is about and...
Published July 11th 2012 by Routledge
All business organizations produce financial statements and the information communicated (or hidden) on these has never been more important to understand following the global financial crisis. Analyzing Financial Statements for Non-Specialists introduces this topic without assuming prior training...
Published December 10th 2012 by Routledge
The Role of Accounting Information in Modern Society
The global recession, bank collapses and subsequent market volatility of recent years has changed the accounting landscape forever. The global environment is now all too painfully aware of the significance of accounting information and its impact upon a large range of stakeholders. This new edition...
To Be Published August 31st 2014 by Routledge
Strategies for a Financialized World
The world has moved on in the advanced economies where credit based financial systems coupled with malleable accounting systems disconnect capitalization and wealth accumulation from GDP trajectories and financial surplus. This, the book argues, is the product of economic, financial and cultural...
Published July 4th 2012 by Routledge
The Metaphor of Money in Financial Crisis
‘Liquidity’, or rather lack of it, lies at the heart of the ongoing global financial crisis. In this collection of essays, the metaphor of money as liquidity, and the model of crisis it entails, is deliberated by a range of scholars from economics, history, anthropology, literature, and sociology....
Published March 25th 2013 by Routledge
This book brings together academic work on contemporary issues in financial institutions and markets. The general theme is designed to allow for a wide range of topics, covering the diverse nature of academic enquiry in banking and finance. The contributions thus address a broad spectrum of...
Published February 7th 2013 by Routledge
Portfolio theory and much of asset pricing, as well as many empirical applications, depend on the use of multivariate probability distributions to describe asset returns. Traditionally, this has meant the multivariate normal (or Gaussian) distribution. More recently, theoretical and empirical work...
Published March 20th 2013 by Routledge
Series: Routledge Revivals
First published in 1936, this book gives the reader an insight into the tendencies and spirit of the monetary reform movement as a whole, as accomplished or proposed since the First World War. The author marks the consideration of the overall reform as being more important than specifically looking...
Published December 3rd 2012 by Routledge
Written under the shadow of the global financial crisis, this book charts the current shape of global finance and tries to explain why the crisis arose – and what can be done about it. Economics alone cannot fully explain how global finance operates, and why it is so crisis prone. Global Finance...
Published March 5th 2012 by Routledge
High-profit Options Trading Strategies
This book provides different financial models based on options to predict underlying asset price and design the risk hedging strategies. Authors of the book have made theoretical innovation to these models to enable the models to be applicable to real market. The book also introduces risk...
Published August 5th 2013 by Routledge
Development and Challenges
Private equity is an important source of funds for start-ups, private middle market firms, firms in financial distress and public or private firms seeking buyouts. This book investigates the industry of private equity in China by documenting its development and identifying challenges underlying the...
To Be Published October 29th 2014 by Routledge
As an integral part of the world financial market, the global asset management industry has played a significant role in almost every critical event and change in the world financial market over the past four decades. Its growth has been facilitated from the financial innovations in...
To Be Published June 29th 2014 by Routledge