Описание: Yu Zheng challenges the idea that democracy is the prerequisite for developing countries to attract foreign direct investment (FDI) and promote economic growth. He examines the relationship between political institutions and FDI through the use of cross-national analysis and case studies of three rapidly growing Asian economies with a focus on the role of microinstitutional “special economic zones” (SEZ). China’s authoritarian system allows for bold, radical economic reform, but China has attracted FDI largely because of its increasingly credible investment environment as well as its central and local governments’ efforts to overcome constraints on investment. India’s democratic institutions provide more political insurance to foreign investors, but its market became conducive to FDI only when the government adopted more flexible investment policies. Taiwan’s democratic transition shifted its balance of policy credibility and flexibility, which was essential for the nation’s economic takeoff and sustained growth. Zheng concludes that a more accurate understanding of the relationship between political institutions and FDI comes from careful analysis of institutional arrangements that entail a trade-off between credibility and flexibility of governance.
Автор: Davis Mark H A Название: Risk-sensitive Investment Management ISBN: 9814578045 ISBN-13(EAN): 9789814578042 Издательство: World Scientific Publishing Рейтинг: Цена: 8554.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание:
Over the last two decades, risk-sensitive control has evolved into an innovative and successful framework for solving dynamically a wide range of practical investment management problems.
This book shows how to use risk-sensitive investment management to manage portfolios against an investment benchmark, with constraints, and with assets and liabilities. It also addresses model implementation issues in parameter estimation and numerical methods. Most importantly, it shows how to integrate jump-diffusion processes which are crucial to model market crashes.
With its emphasis on the interconnection between mathematical techniques and real-world problems, this book will be of interest to both academic researchers and money managers. Risk-sensitive investment management links stochastic control and portfolio management. Because of its distinct emphasis on integrating advanced theoretical concepts into practical dynamic investment management tools, this book stands out from the existing literature in fundamental ways. It goes beyond mainstream research in portfolio management in a traditional static setting. The theoretical developments build on contemporary research in stochastic control theory, but are informed throughout by the need to construct an effective and practical framework for dynamic portfolio management.
This book fills a gap in the literature by connecting mathematical techniques with the real world of investment management. Readers seeking to solve key problems such as benchmarked asset management or asset and liability management will certainly find it useful.
Sample Chapter(s)
Автор: Elton, Edwin J. Gruber, Martin J. Brown, Stephen J Название: Modern portfolio theory and investment analysis ISBN: 1119427290 ISBN-13(EAN): 9781119427292 Издательство: Wiley Рейтинг: Цена: 8862.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Real-world examples are integrated throughout the pages to reinforce important concepts. The text demonstrates how to apply modern tools such as equilibrium theory to the management of a portfolio. Up-to-date with the rapidly changing environment of modern portfolio theory and investment analysis.
Mathematical proofs can be found in the footnotes, appendices, and specially noted sections of the text in order to enhance student application.
Автор: Cameron, Peter Название: International Energy Investment Law ISBN: 0199545235 ISBN-13(EAN): 9780199545230 Издательство: Oxford Academ Рейтинг: Цена: 52272.00 р. Наличие на складе: Поставка под заказ.
Описание: This book examines and assesses the variety of legal instruments from international and commercial law that have been designed to promote stability in long-term contracts in the international energy industry, including dedicated contract provisions; bilateral investment treaties and multilateral treaty instruments.
ООО "Логосфера " Тел:+7(495) 980-12-10 www.logobook.ru
