When Money Destroys Nations

Author: Philip Haslam
Publisher: Penguin UK
ISBN: 0143531638
Category : Business & Economics
Languages : en
Pages : 253

Book Description
Since the financial crisis of 2008, the major governments of the world have resorted to printing large amounts of money to pay national debts and bail out banks. The warning signs are clear, and the collapse of the Zimbabwean dollar after years of rampant money printing is a frightening example of what lies in store for world economies if painful reform is not executed. When Money Destroys Nations tells the gripping story of the disintegration of the once-thriving Zimbabwean economy and how ordinary people survived in turbulent circumstances. Analysing this case within a global context, Philip Haslam and Russell Lamberti investigate the causes of hyperinflation and draw ominous parallels between Zimbabwe and the world's developed economies. The looming currency crises and hyperinflation in these major economies, particularly the United States, have the potential to turn the current world order upside down. This story of how money destroys nations holds lessons that cannot be ignored.

Confessions of an Economic Hit Man

Author: John Perkins
Publisher: Berrett-Koehler Publishers
ISBN: 1576755126
Category : Biography & Autobiography
Languages : en
Pages : 430

Book Description
Perkins, a former chief economist at a Boston strategic-consulting firm, confesses he was an "economic hit man" for 10 years, helping U.S. intelligence agencies and multinationals cajole and blackmail foreign leaders into serving U.S. foreign policy and awarding lucrative contracts to American business.

Hard-Boiled Egg Index

Author: Kudzai Joseph Gumunyu
Publisher: LifeRich Publishing
ISBN: 1489722289
Category : Business & Economics
Languages : en
Pages : 162

Book Description
Hard-Boiled Egg Index is a true story on the struggles Kudzai Gumunyu and most Zimbabweans went through during the record- and heart-breaking hyper-inflationary period in Zimbabwe. Though saddening, the story is told in a humorous and vivid way detailing how Kudzai had to adjust to the effects of economic meltdown. Zimbabwe’s inflation rate reached a mind-boggling 89.7 sextillion percent by 2008 and US$1 was worth 3 nonillion Zimbabwean dollars had the Central Bank not debased the currency three times with twenty-five zeros. The ZWD100 trillion became the highest denomination on the planet. Before the crazily denominated notes, money was being carried in wheelbarrows and grain bags and the purchased item in your hand due to rapid loss of value. Every day became a struggle from shortages of foodstuffs, collapse of services, bank queues, as well a salary that could not keep up with inflation. The writer also gives the life and economic lessons learned, which can be useful to other countries navigating similar economic minefields. It ends with a positive outlook for the country and the hope that the Jewel of Africa (Zimbabwe) will sparkle again given its educated and competent human capital, abundant and rich mineral fields, tourist attractions, rich agricultural lands aided by a favorable climate, as well as, recently, a change of leadership.

Damned Nations

Author: Samantha Nutt
Publisher: McClelland & Stewart
ISBN: 077105145X
Category : Children and war
Languages : en
Pages : 242

Book Description
The extraordinary humanitarian Samantha Nutt gives a bracing and uncompromising account of her work in some of the most devastated corners of the world - and a new, provocative vision for changing course on growing militarisation. It is a brilliant distillation of Dr Nutt's observations over the course of 15 years providing hands-on care in some of the world's most violent flashpoints. Combining original research with her personal story, it is a deeply thoughtful meditation on war as it is being waged around the world against millions of civilians.

Money Changes Everything

Author: William N. Goetzmann
Publisher: Princeton University Press
ISBN: 0691178372
Category : Business & Economics
Languages : en
Pages : 598

Book Description
"[A] magnificent history of money and finance."—New York Times Book Review "Convincingly makes the case that finance is a change-maker of change-makers."—Financial Times In the aftermath of recent financial crises, it's easy to see finance as a wrecking ball: something that destroys fortunes and jobs, and undermines governments and banks. In Money Changes Everything, leading financial historian William Goetzmann argues the exact opposite—that the development of finance has made the growth of civilizations possible. Goetzmann explains that finance is a time machine, a technology that allows us to move value forward and backward through time; and that this innovation has changed the very way we think about and plan for the future. He shows how finance was present at key moments in history: driving the invention of writing in ancient Mesopotamia, spurring the classical civilizations of Greece and Rome to become great empires, determining the rise and fall of dynasties in imperial China, and underwriting the trade expeditions that led Europeans to the New World. He also demonstrates how the apparatus we associate with a modern economy—stock markets, lines of credit, complex financial products, and international trade—were repeatedly developed, forgotten, and reinvented over the course of human history. Exploring the critical role of finance over the millennia, and around the world, Goetzmann details how wondrous financial technologies and institutions—money, bonds, banks, corporations, and more—have helped urban centers to expand and cultures to flourish. And it's not done reshaping our lives, as Goetzmann considers the challenges we face in the future, such as how to use the power of finance to care for an aging and expanding population. Money Changes Everything presents a fascinating look into the way that finance has steered the course of history.

The Downfall of Money

Author: Frederick Taylor
Publisher: Bloomsbury Publishing USA
ISBN: 1620402378
Category : History
Languages : en
Pages : 433

Book Description
"Excellent . . . Mr. Taylor tells the history of the Weimar inflation as the life-and-death struggle of the first German democracy . . . This is a dramatic story, well told." --The Wall Street Journal

The Oil Curse

Author: Michael L. Ross
Publisher: Princeton University Press
ISBN: 0691159637
Category : Political Science
Languages : en
Pages : 314

Book Description
Explaining—and solving—the oil curse in the developing world Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth—and how they can turn oil from a curse into a blessing. Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats—and twice as likely to descend into civil war—than countries without oil. The Oil Curse shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse. This landmark book explains why good geology often leads to bad governance, and how this can be changed.

The Law of Nations

Author: Emer de Vattel
Publisher:
ISBN:
Category : International law
Languages : en
Pages : 668

Book Description

War Cycles--peace Cycles

Author: Richard Kelly Hoskins
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 270

Book Description

The Unfair Trade

Author: Michael Casey
Publisher: Crown Pub
ISBN: 0307885305
Category : Business & Economics
Languages : en
Pages : 418

Book Description
A critical assessment of the global financial system shares narrative coverage of the dysfunctions that are impacting billions of lives, offering insight into such topics as misaligned exchange rates, currency wars and the imbalances that are compromising international saving and spending patterns. 50,000 first printing.