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Boomerang:Travels in the New Third Word

by W. W. Norton & Company & Michael Lewis

As Pogo once said, "We have met the enemy and he is us." The tsunami of cheap credit that rolled across the planet between 2002 and 2008 was more than a simple financial phenomenon: it was temptation, offering...

Money Never Enough

by Dwayne Anderson

" The illiterate of the future are not those who can’t read or write but those who cannot learn, unlearn, and relearn."- quote by Alvin Toffler What clearly he meant is that we need to learn and unlearn as...

We-Commerce: How to Create, Collaborate, and Succeed in the Sharing Economy

by Billee Howard

Named one of CIO Magazine's 7 New Must Read Business Books For The Fall!

In WE-Commerce, visionary marketing strategist Billee Howard lays out her plan for a new vision of success and long-term, purposeful profitability...

The Rift: A New Africa Breaks Free

by Alex Perry

A vivid, powerful and controversial look at how the world gets Africa wrong, and how a resurgent Africa is forcing it to think again.

Africa has long been misunderstood--and abused--by outsiders. Correspondent...

Merchants in the Temple

by Gianluigi Nuzzi

From a bestselling author with unprecedented access to Pope Francis, an investigative look at the recent financial scandals at the highest levels of the Vatican

A veritable war is waging in the Church: on one...

Growing Global: Lessons for the New Enterprise

by The Center for Global Enterprise, Samuel Palmisano & and Christopher Caine Matthew Rees

The modern corporation exists in a world today defined by speed, scale, & connectivity.  But while technological advances have made it easier to operate across borders, managing a Globally Integrated Enterprise...

The Great Surge: The Ascent of the Developing World

by Steven Radelet

The untold story of the global poor today: A distinguished expert and advisor to developing nations reveals how we’ve reduced poverty, increased incomes, improved health, curbed violence, and spread democracy—and...

Some Misconceptions about Public Investment Efficiency and Growth

by Andrew, Mr. Berg & Edward F., Mr. Buffie

We reconsider the macroeconomic implications of public investment efficiency, defined as the ratio between the actual increment to public capital and the amount spent. We show that, in a simple and standard...

Greek Endgame: From Austerity to Growth or Grexit

by Nicos Christodoulakis

Written by a former Greek Minister of Finance, this book analyses the past present and future for the Greek Crisis.

World Gone Mobile Apps

by Dwayne Anderson

There are currently about 1.3 billion smartphones in use globally. By 2017, it’s expected that 2.5 billion users will connect through messaging-based apps.Seven of the top 12 most-used apps are messaging based...

The Principles of Islamic Marketing

by Baker Ahmad, Dr Alserhan

The Principles of Islamic Marketing fills a gap in international business literature covering the aspects and values of Islamic business thought. It provides a framework and practical perspectives for understanding...

Global Value Chains and the Exchange Rate Elasticity of Exports

by Swarnali Ahmed & Maximiliano Appendino

This paper analyzes how the formation of Global Value Chains (GVCs) has affected the exchange rate elasticity of exports. Using a panel framework covering 46 countries over the period 1996-2012, we first find...

The Unequal Benefits of Fuel Subsidies Revisited

by David Coady & Valentina Flamini

Understanding who benefits from fuel price subsidies and the welfare impact of increasing fuel prices is key to designing, and gaining public support for, subsidy reform. This paper updates evidence for developing...

Forecasting the Nominal Brent Oil Price with VARs-One Model Fits All?

by Benjamin Beckers & Samya Beidas-Strom

We carry out an ex post assessment of popular models used to forecast oil prices and propose a host of alternative VAR models based on traditional global macroeconomic and oil market aggregates. While the exact...

How Do Public Debt Cycles Interact with Financial Cycles?

by Tigran Poghosyan

We employ a duration model to study determinants of public debt cycles in 57 advanced and emerging economies over the 1960-2014 period, with a particular focus on the impact of financial cycles. The results...

Capital Account Liberalization and Inequality

by Davide Furceri & Prakash, Mr. Loungani

This paper examines the distributional impact of capital account liberalization. Using panel data for 149 countries from 1970 to 2010, we find that, on average, capital account liberalization reforms increase...

Functional Income Distribution and Its Role in Explaining Inequality

by Maura Francese & Carlos, Mr. Mulas-Granados

This paper is motivated by two parallel trends: the declining labor share of income and increasing inequality. Micro and macroeconomic data, covering up to 93 countries between 1970 and 2013, are used to assess...

Resolution Frameworks for Islamic Banks

by Elsie Addo Awadzi & Carine Chartouni

Islamic banking is growing rapidly and its potential impact on global financial stability cannot be underestimated. International standards for resolving banks have evolved after the global financial crisis,...

Recognizing the Bias

by Nina, Mrs. Budina & Borja, Mr. Gracia

This paper argues that asset price cycles have significant effects on fiscal outcomes. In particular, there is evidence of debt bias-the tendency of debt to increase over the cycle- that is significantly larger...

Informality in Paraguay

by Mauricio, Mr. Vargas

Paraguay's economy features a high degree of informality. Based on different estimation approaches, informal activity represents more than half of total employment in Paraguay, a higher rate than those observed...