The Financial Decline Of A Great Power


The Financial Decline Of A Great Power
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The Financial Decline Of A Great Power


The Financial Decline Of A Great Power
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Author : Guy Rowlands
language : en
Publisher:
Release Date : 2012

The Financial Decline Of A Great Power written by Guy Rowlands and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.


The financial humbling of a great power in any age demands explanation. In the War of the Spanish Succession (1701-14) Louis XIV's France had to fight way beyond its borders and the costs of war rose to unprecedented heights. With royal income falling as economic activity slowed down, the widening gap between revenue and expenditure led the government into a series of desperate expedients. Ever-larger quantities of credit, often obtained through fairly novel and poorly-understood financial instruments, were combined with ill-advised monetary manipulations. Moreover, through poor ministerial management the system of earmarking revenues for spending descended into chaos. All this forced up the cost of loans, foreign exchange, and military logistics as government contractors and bankers built the mounting risks into the price of their contracts and sought to profit from the situation.



The Rise And Fall Of British Naval Mastery


The Rise And Fall Of British Naval Mastery
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Author : Paul Kennedy
language : en
Publisher: Penguin UK
Release Date : 2017-01-26

The Rise And Fall Of British Naval Mastery written by Paul Kennedy and has been published by Penguin UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-26 with History categories.


Paul Kennedy's classic naval history, now updated with a new introduction by the author This acclaimed book traces Britain's rise and fall as a sea power from the Tudors to the present day. Challenging the traditional view that the British are natural 'sons of the waves', he suggests instead that the country's fortunes as a significant maritime force have always been bound up with its economic growth. In doing so, he contributes significantly to the centuries-long debate between 'continental' and 'maritime' schools of strategy over Britain's policy in times of war. Setting British naval history within a framework of national, international, economic, political and strategic considerations, he offers a fresh approach to one of the central questions in British history. A new introduction extends his analysis into the twenty-first century and reflects on current American and Chinese ambitions for naval mastery. 'Excellent and stimulating' Correlli Barnett 'The first scholar to have set the sweep of British Naval history against the background of economic history' Michael Howard, Sunday Times 'By far the best study that has ever been done on the subject ... a sparkling and apt quotation on practically every page' Daniel A. Baugh, International History Review 'The best single-volume study of Britain and her naval past now available to us' Jon Sumida, Journal of Modern History



World Power And World Money


World Power And World Money
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Author : Andrew Walter
language : en
Publisher:
Release Date : 1991

World Power And World Money written by Andrew Walter and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with International economic relations categories.




The Financial Decline Of A Great Power


The Financial Decline Of A Great Power
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Author : Guy Rowlands
language : en
Publisher: Oxford University Press
Release Date : 2012-10-04

The Financial Decline Of A Great Power written by Guy Rowlands and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-10-04 with History categories.


The financial humbling of a great power in any age demands explanation. In the War of the Spanish Succession (1701-14) Louis XIV's France had to fight way beyond its borders and the costs of war rose to unprecedented heights. With royal income falling as economic activity slowed down, the widening gap between revenue and expenditure led the government into a series of desperate expedients. Ever-larger quantities of credit, often obtained through fairly novel and poorly-understood financial instruments, were combined with ill-advised monetary manipulations. Moreover, through poor ministerial management the system of earmarking revenues for spending descended into chaos. All this forced up the cost of loans, foreign exchange, and military logistics as government contractors and bankers built the mounting risks into the price of their contracts and sought to profit from the situation. There was already a problem with controlling royal contractors, who ran the entire financial machinery, but this only grew worse, not least because the government further indemnified and bailed out men deemed too essential to fail. In some cases entrepreneurs even managed to penetrate the corridors of the ministries, either as heads of royal agencies or even as junior ministers. This added up to nothing less than an early military-industrial complex. As state debt climbed to astronomical levels and financial instruments collapsed in value France's chances of remaining the superpower of the age shrank. The military decline of a great power often goes hand-in-hand with its financial decline, but rarely so dramatically as in early eighteenth-century France.



The Vanishing Middle Class New Epilogue


The Vanishing Middle Class New Epilogue
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Author : Peter Temin
language : en
Publisher: MIT Press
Release Date : 2018-03-09

The Vanishing Middle Class New Epilogue written by Peter Temin and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-09 with Business & Economics categories.


Why the United States has developed an economy divided between rich and poor and how racism helped bring this about. The United States is becoming a nation of rich and poor, with few families in the middle. In this book, MIT economist Peter Temin offers an illuminating way to look at the vanishing middle class. Temin argues that American history and politics, particularly slavery and its aftermath, play an important part in the widening gap between rich and poor. Temin employs a well-known, simple model of a dual economy to examine the dynamics of the rich/poor divide in America, and outlines ways to work toward greater equality so that America will no longer have one economy for the rich and one for the poor. Many poorer Americans live in conditions resembling those of a developing country—substandard education, dilapidated housing, and few stable employment opportunities. And although almost half of black Americans are poor, most poor people are not black. Conservative white politicians still appeal to the racism of poor white voters to get support for policies that harm low-income people as a whole, casting recipients of social programs as the Other—black, Latino, not like "us." Politicians also use mass incarceration as a tool to keep black and Latino Americans from participating fully in society. Money goes to a vast entrenched prison system rather than to education. In the dual justice system, the rich pay fines and the poor go to jail.



The Great Demographic Reversal


The Great Demographic Reversal
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Author : Charles Goodhart
language : en
Publisher: Springer Nature
Release Date : 2020-08-08

The Great Demographic Reversal written by Charles Goodhart and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-08-08 with Business & Economics categories.


This original and panoramic book proposes that the underlying forces of demography and globalisation will shortly reverse three multi-decade global trends – it will raise inflation and interest rates, but lead to a pullback in inequality. “Whatever the future holds”, the authors argue, “it will be nothing like the past”. Deflationary headwinds over the last three decades have been primarily due to an enormous surge in the world’s available labour supply, owing to very favourable demographic trends and the entry of China and Eastern Europe into the world’s trading system. This book demonstrates how these demographic trends are on the point of reversing sharply, coinciding with a retreat from globalisation. The result? Ageing can be expected to raise inflation and interest rates, bringing a slew of problems for an over-indebted world economy, but is also anticipated to increase the share of labour, so that inequality falls. Covering many social and political factors, as well as those that are more purely macroeconomic, the authors address topics including ageing, dementia, inequality, populism, retirement and debt finance, among others. This book will be of interest and understandable to anyone with an interest on where the world’s economy may be going.



America In The Age Of Neoliberalism


America In The Age Of Neoliberalism
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Author : Ben Mah
language : en
Publisher: CreateSpace
Release Date : 2013-06-26

America In The Age Of Neoliberalism written by Ben Mah and has been published by CreateSpace this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-26 with categories.


America in the Age of Neoliberalism is an informative and hard-hitting account of America's decline as the world's only super-power. It offers a good deal of food for thought, in particular, for American readers desiring a real change of direction. Chinese readers, on the other hand, will find this book most valuable in terms of its profound insight, critical perspective, and vast amout of information compiled from a wide body of English Language source materials. This book explains how neoliberalism is an attack by U.S. Financial interests not only on other countries by imposing austerity on them, but on the domestic U.S. economy itself. It shows how other countries cannot expect the United States to be an "engine of growth," but need to face the reality that the US is a net burden on the world economy.



The Myth Of America S Decline


The Myth Of America S Decline
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Author : Henry R. Nau
language : en
Publisher: Oxford University Press, USA
Release Date : 1990

The Myth Of America S Decline written by Henry R. Nau and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with International finance categories.


America's power has declined since 1945, yet America's democratic purposes are more widely emulated in the world today than ever before, and economic growth and employment in the United States in the 1980s reached levels that rivaled the boom years of postwar prosperity from 1947-1967. Challenging the pessimists who focus only on the decline of American power, this book argues that outcomes depend much more on how America defines its political identity or national purposes in the world community and what specific economic policies it chooses. In recent years, America has projected a more self-confindent political identity, anchoring an unprecedented trend even in the communist world towards freer political institutions; and future American economic policy choices, especially the need to reduce the budget deficit, still hold the key to preserving and enhancing what considerable power the United States retains. This pathbreaking book is intended for the general reader, but will be essential reading not only for economists, politicians, and policy makers, but also for scholars and students working in economics and international relations.



Grt Detente Disaster


Grt Detente Disaster
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Author : Aaron Wildavsky
language : en
Publisher: Basic Books
Release Date : 1975-07-20

Grt Detente Disaster written by Aaron Wildavsky and has been published by Basic Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975-07-20 with Political Science categories.


Why are humans one of the few species to have sex in private? Why are human females the only mammals to go through menopause? Why is the human penis so unnecessarily large? There is no more knowledgeable authority than the award-winning author of THE THIRD CHIMPANZEE to answer these intriguing questions. Here is a delightfully entertaining and enlightening look at the unique sex lives of humans. Copyright © Libri GmbH. All rights reserved.



The Rise And Fall Of The Great Powers


The Rise And Fall Of The Great Powers
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Author : Paul Kennedy
language : en
Publisher: HarperCollins UK
Release Date : 2017-08-10

The Rise And Fall Of The Great Powers written by Paul Kennedy and has been published by HarperCollins UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-10 with History categories.


WINNER OF THE WOLFSON HISTORY PRIZE Paul Kennedy’s international bestseller is a sweeping account of five hundred years of fluctuating economic muscle and military might.