The Microeconomics of Income Distribution Dynamics in East Asia and Latin America

by Nora Lustig , Francois Bourguignon , Francisco H. G. Ferreira

Economists have had much to say about what causes aggregate economic growth, but they have been more reticent about the distributional dimension of that growth. Understanding development and the process of poverty reduction requires understanding not only how total income grows but also how its distribution behaves over time. This book is a major new contribution to that process.

The authors propose a decomposition of differences in entire distributions of household incomes, shedding new light on the powerful, and often conflicting, forces that underpin the changes in poverty and inequality that accompany the process of economic development. This approach is applied to three East Asian countries--Indonesia, Malaysia, and China--and to four in Latin American--Argentina, Brazil, Colombia, and Mexico.

"This volume presents a fascinating collection of studies on the dynamics of income inequality based on micro data. Using a simple but powerful empirical methodology, the authors analyze the roles of prices, occupational choice, and educational choice in accounting for household income and its contribution to inequality. It casts doubt on the grand theories of growth and income inequality that have dominated discussions in development economics. It paves the way for a full-blown, micro-based general equilibrium theory of income determination and income inequality."

James Heckman,
Professor of Economics, University of Chicago, and 2000 Nobel Laureate in Economics



"This is a ground-breaking study by an outstanding group of authors. In attempting to disentangle the forces that influence changes in income distribution over time and to assess their quantitative impact within a coherent decomposition framework, the volume sets a new standard for future research on the dynamics of income inequality."
Anthony Shorrocks,
Director, World Institute for Development Economics Research, Helsinki


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The World Is Flat- Thomas L.Friedman

The World Is Flat
A Brief History of the Twenty-first Century

History of the world twenty years from now, and they come to the chapter "Y2K to March 2004," what will they say was the most crucial development? The attacks on the World Trade Center on 9/11 and the Iraq war? Or the convergence of technology and events that allowed India, China, and so many other countries to become part of the global supply chain for services and manufacturing, creating an explosion of wealth in the middle classes of the world's two biggest nations, giving them a huge new stake in the success of globalization? And with this "flattening" of the globe, which requires us to run faster in order to stay in place, has the world gotten too small and too fast for human beings and their political systems to adjust in a stable manner?

In this brilliant new book, the award-winning New York Times columnist Thomas Friedman demystifies the brave new world for readers, allowing them to make sense of the often bewildering global scene unfolding before their eyes. With his inimitable ability to translate complex foreign policy and economic issues, Friedman explains how the flattening of the world happened at the dawn of the twenty-first century; what it means to countries, companies, communities, and individuals; and how governments and societies can, and must, adapt. The World Is Flat is the timely and essential update on globalization, its successes and discontents, powerfully illuminated by one of our most respected journalists.

Reviews

"Before 9/11, New York Times columnist Friedman was best known as the author of The Lexus and the Olive Tree, one of the major popular accounts of globalization and its discontents. Having devoted most of the last four years of his column to the latter as embodied by the Middle East, Friedman picks up where he left off, saving al-Qaeda et al. for the close. For Friedman, cheap, ubiquitous telecommunications have finally obliterated all impediments to international competition, and the dawning 'flat world' is a jungle pitting 'lions' and 'gazelles,' where 'economic stability is not going to be a feature' and 'the weak will fall farther behind.' Rugged, adaptable entrepreneurs, by contrast, will be empowered. The service sector (telemarketing, accounting, computer programming, engineering and scientific research, etc.), will be further outsourced to the English-spoken abroad; manufacturing, meanwhile, will continue to be off-shored to China. As anyone who reads his column knows, Friedman agrees with the transnational business executives who are his main sources that these developments are desirable and unstoppable, and that American workers should be preparing to 'create value through leadership' and 'sell personality.' This is all familiar stuff by now, but the last 100 pages on the economic and political roots of global Islamism are filled with the kind of close reporting and intimate yet accessible analysis that have been hard to come by. Add in Friedman's winning first-person interjections and masterful use of strategic wonksterisms, and this book should end up on the front seats of quite a few Lexuses and SUVs of all stripes."

Publishers Weekly (starred review)

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Phân tích đầu tư chứng khoán

sách tiếng Việt viết về lĩnh vực chứng khoán. click vào link dưới để download


The Entrepreneur

This thoroughly revised and updated new edition of Mark Casson`s modern classic The Entrepreneur presents a novel synthesis of the ideas of Joseph Schumpeter, Frank Knight and Friedrich Hayek, according to which the defining characteristic of the entrepreneur is the exercise of judgement in business decisions. This second edition is essential reading for scholars of economics, management, business history and economic history. Academics from a wide range of economic schools of thought, both orthodox and heterodox, will find the book to be an original and outstanding work.



International Economics - By: Robert M. Dunn, Jr & John H. Mutti


International Economics, Sixth edition Summary:
The latest edition edition of International Economics improves and builds upon the popular features of previous editions. The graphs, tables and statistics are of course all updated, but also added are improved sections on topics including:
  • new developments in international trade agreements and the latest round of international trade talks
  • international financial crises
  • a new section on current controversies in the international monetary system

With impressive pedagogy, learning objectives and summaries, this impressive clearly written book will be another winner with students of international economics and international business

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Basic Mathematics for Economists, Second Edition

Basic Mathematics for Economists, Second Edition


Author:
Rosser, Mike

Publisher:
Taylor & Francis Group


Language:
English


Description:

Economics students will welcome the new edition of this excellent textbook. Mathematics is an integral part of economics and understanding basic concepts is vital. Many students come into economics courses without having studied mathematics for a number of years. This clearly written book will help to develop quantitative skills in even the least numerate student up to the required level for a general Economics or Business Studies course. This second edition features new sections on subjects such as:* matrix algebra* part year investment* financial mathematics

Improved pedagogical features, such as learning objectives and end of chapter questions, along with the use of Microsoft Excel and the overall example-led style of the book means that it will be a sure fire hit with both students and their lecturers.


The Economics of banking




The Economics of Banking describes and explains trends and operations in banking within an accessible microeconomic framework. It incorporates theory with the practical aspects of banking so as to set banking within the economics important paradigm. A primary section on trends within banking leads on to chapters on the microeconomics of banking, market structure and regulation. The overall objective is to provide a mathematically accessible microeconomic context that will help students understand and analyze trends and operations in banking.

[Vietnamese]
Cuốn The Economics of Banking giới thiệu và giải thích các xu hướng và quá trình hoạt động trong lĩnh vực banking nằm trong khuôn khổ kinh tế vi mô . Ngoài ra, cuốn sách kết hợp chặt chẽ những lý luận, học thuyết với khía cạnh thực tế của banking ... khi đọc các bạn sẽ thấy những box, chart , diagram giải thích cặn kẽ từng vấn đề được đưa ra. Và nhờ những hình ảnh minh họa trực quan, đồng bào sẽ dễ tiêu hóa hơn những điều bổ ích mà 2 tác giả

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