The No-Nonsense Guide to Global Finance
Written by Peter Stalker.
Published in Canada in association with New Internationalist Publications Ltd. by Between the Lines, 2009.
| The No-Nonsense Guide
to Global Finance explains the basic concepts of finance how money
is created, and how decisions by banking and other financial service
corporations are determining the fate of billions of people. Right from the
introduction the guide sets recent events into context, indicating how the
flows of money directed by an unaccountable elite increasingly shape economic,
political and social activity.
'Sub-prime meltdown,' 'liquidity crisis,' 'recapitalization,' and the dreaded 'R-word:' recession. The intricacies of international finance have escaped the business pages to become news headlines. It's easy to feel overwhelmed. Peter Stalker's Guide comes to the rescue.
From the minting of the first coins, and the medieval origins of banking, to today's credit crunch, this book clearly maps the world of money, and delves into the dark side of the global financial system. What are hedge funds and investment banks, and how did they get into such a mess? Why are regulatory systems so weak? What can be done about fat-cat bonuses? How come we and our children will be lending our hard-earned cash to reckless banks for years to come?
The No-Nonsense Guide to Global Finance traces the origins of money, as a source of exchange and a store of value, and the many weird and wonderful forms it now takes visible and invisible. How banks, investment and retail, make money and profits, and hold countries to ransom when they make losses. How companies finance their operations through stocks, shares and bonds and complex derivatives that are becoming increasingly remote from real-world activities.
It also includes chapters on global currency exchange, alternative systems of banking, including microfinance, government regulation or lack of it, international institutions such as the World Bank and the IMF, and crucially a final chapter on ways of bringing global finance under control.
Peter Stalker is a former co-editor of the New Internationalist who now works as a consultant to a number of UN agencies.
|Price and availability subject to change.
Shipping and applicable taxes extra.
Questions about this product? Please e-mail us.
This page last modified: September 15, 2009
|Global Economics main page|
|What's New · Home · Search · Books on Canada · Canadian Maps and Charts · Ordering · Contact Us|
©Federal Publications Inc., 1998 - 2011
425 University Avenue, Ste. 401, Toronto, Ontario, Canada M5G 1T6
Phone: (416) 860-1611 or toll-free 1-888-433-3782 · E-mail: email@example.com