Gatekeepers Of Growth

Central banks can shape economic growth, affect income distribution, influence a country's foreign relations, and determine the extent of its democracy. While there is considerable literature on the political economy of central banking in OECD countries, this is the first book-length study focused on central banking in emerging market countries. Surveying the dramatic worldwide trend toward increased central bank independence in the 1990s, the book argues that global forces must be at work. These forces, the book contends, center on the character of international financial intermediation. Going beyond an explanation of central bank independence, Sylvia Maxfield posits a general framework for analyzing the impact of different types of international capital flows on the politics of economic policymaking in developing countries. The book suggests that central bank independence in emerging market countries does not spring from law but rather from politics. As long as politicians value them, central banks will enjoy independence. Central banks are most likely to be independent in developing countries when politicians desire international creditworthiness. Historical analyses of central banks in Brazil, Mexico, South Korea, and Thailand, and quantitative analyses of a larger sample of developing countries corroborate this investor signaling explanation of broad trends in central bank status.

Developed country capital markets have devised a set of institutions and actors to help provide investors with timely and accurate information they need to make informed investment decisions. These actors have become known as "financial gatekeepers" and include auditors, financial analysts, and credit rating agencies. Corporate financial reporting scandals in the United States and elsewhere in recent years, however, have called into question the sufficiency of the legal framework governing these gatekeepers. Policymakers have since responded by imposing a series of new obligations, restrictions, and punishments—all with the purpose of strengthening investor confidence in these important actors. F inancial Gatekeepers provides an in-depth look at these new frameworks, especially in the United States and Japan. How have they worked? Are further refinements appropriate? These are among the questions addressed in this timely and important volume. Contributors include Leslie Boni (University of New Mexico), Barry Bosworth (Brookings Institution), Tomoo Inoue (Seikei University), Zoe-Vonna Palmrose (University of Southern California), Frank Partnoy (University of San Diego School of Law), George Perry (Brookings Institution), Justin Pettit (UBS), Paul Stevens (Investment Company Institute), Peter Wallison (American Enterprise Institute)

"How could we know that forever could end at seventeen?" Anyone passing through North Shore, Illinois, would think it was the most picture-perfect place ever, with all the lakefront mansions and manicured hedges and iron gates. No one talks about the fact that the brilliant, talented kids in town have a terrible history of throwing themselves in front of commuter trains. Meet Simone, the bohemian transfer student from London, who is thrust into the strange new reality of an American high school; Mallory, the hypercompetitive queen bee; and Stephen, the first-generation genius who struggles with crippling self-doubt. Each one is shocked when a popular classmate takes his own life…except not too shocked. It's happened before. With so many students facing their own demons, can they find a way to save each other—as well as themselves?

Master's Thesis from the year 2009 in the subject Business economics - General, grade: 1.0, University of Bremen, language: English, abstract: Economic growth and technological changes are often triggered by innovative entrepreneurs who discover, exploit, and explore undetected opportunities. However, before entrepreneurs can move forward they need capital in order to realize their business idea. In general, investors can be characterized as the gatekeepers who provide this financial bottleneck resource to entrepreneurs. Venture capital firms, in particular, are a highly specialized group of investors which may also act as facilitators for innovations. Given that entrepreneurs and venture capitalists have been mostly studied in isolated cases, no integrative framework has yet been developed. Thus, this study aims to unfold the interconnectedness and dependencies of both parties and derives inter alia two important variables, namely strategic orientation and trust, which have been poorly studied in this field, but are crucial for the long‐term success of the relationship. The structure of this study corresponds with the process which is characteristic for the relationship between the venture capitalist and the entrepreneur: - The innovation process - The strategy dimension - The trust perspective This study uses an adapted gatekeeper‐model by Csikszentmihalyi to reveal the different stages of the innovation process and to build a theoretical framework of the relationship between both parties. Through the complexity and the interconnection of all the different aspects it is designed as a "door opener" to a rich field of further research as well as it is aimed at helping practitioners understand the innovation process within a complex and dynamic environment.

A supernatural fiction with high relationship drama and adventure, sure to please many fantasy lovers – epic, coming of age, spiritual, metaphysical – from young adults up to all ages. She died long ago. Now destiny needs her intervention. Pipiera barely remembers living. And in the many years since she left Earth, the only real connection she’s built is with the head gatekeeper to the ethereal kingdom. So she hates leaving his side when his future replacement falls into trouble and she must go back to stop the boy from taking a dark path. Resolving to make her mentor proud, Pipiera is horrified after she arrives to find her charge beaten and left for dead with his spirit on the loose. As she struggles to rescue his incorporeal form, she faces a fight for his trust against a shadowy opponent, only to discover she'd been trapped. And forgotten. Will she overcome? Or will she succumb to her mentor's curse? The Gatekeeper's Descendants is the extraordinary first book in a unique inspirational fantasy series. If you like characters worth connecting to, rich allegories and supernatural stories that take place in a world beyond, you'll definitely enjoy Johanna Frank's thrilling adventure through the heart. “The words simply flowed across each page, I couldn’t put the book down.” A fantasy novel reviewer.

Much of the debate and investigation of corporate collapse and failure has focused on boards and directors. Not so much attention has been given to the role of those who inform and advise them: the gatekeeping professions who play a vital and influential role in modern business. In the book, John Coffee, world-renowned Professor of Corporate Law, explains how the professions have evolved, performed and changed their behavior over the last century. Coffee argues that all boards of directors are prisoners of their gatekeepers and only if the board's agents properly advise and warn it, can the board function efficiently. This well-informed, accessible and challenging account will be vital reading to all who wish to understand the contemporary business landscape and 'why the dogs didn't bark' for Enron and WorldCom.

Revolution in Development uncovers the surprising influence of post-revolutionary Mexico on the twentieth century's most important international economic institutions. Drawing on extensive archival research in Mexico, the United States, and Great Britain, Christy Thornton meticulously traces how Mexican officials repeatedly rallied Third World leaders to campaign for representation in global organizations and redistribution through multilateral institutions. By decentering the United States and Europe in the history of global economic governance, Revolution in Development shows how Mexican economists, diplomats, and politicians fought for more than five decades to reform the rules and institutions of the global capitalist economy. In so doing, the book demonstrates, Mexican officials shaped not only their own domestic economic prospects but also the contours of the project of international development itself.