J. A. John Anderson Kay Knihy

Capitalism faltered at the end of the 1990s as corporations were rocked by fraud, the stock-market bubble burst and the American business model � unfettered self-interest, privatization and low tax � faced a storm of protest. But what are the alternatives to the mantras of market fundamentalism? Leading economist John Kay unravels the truth about markets, from Wall Street to Switzerland, from Russia to Mumbai, examining why some nations are rich and some poor, why �one-size-fits-all� globalization hurts developing countries and why markets can work � but only in a humane social and cultural context. His answers offer a radical new blueprint for the future.

A clear and practical guide to investment by internationally renowned economist John Kay

Financial Institutions Management 2E takes an innovative approach to managing risk and return in modern financial institutions. The authors provide an authoritative overview of the Australian financial industry, as well as a unique mix of practical global and Australian insights. The text provides students with a perfect blend of practical and theoretical content. Students are equipped with the tools they need for a successful career in the financial services industry. New industry developments such as BASEL II capital adequacy regulations are also included. Alternative and emerging banking practices such as microcredit, Islamic banking and community banks are also covered.

This collection of short essays features articles based on economic topics and opinions.

British merger policy, which has long lacked clarity and effectiveness, has been the subject of government review. This collection of essays by leading policymakers and academics confronts several crucial questions about the merger process: Does it serve as a check on management efficiency, or is it the result of too little control or too much management discretion? Do shareholders and consumers gain or lose from mergers? Is the effect of mergers on competition the only public concern, and how anyway is competition to be assessed in an economy increasingly dominated by imports? Can policymakers learn from abroad, or are the current institutions and procedures the best available?