Brave new wealthy world : winning the struggle for world prosperity / John C. Edmunds.

Author
Edmunds, John C., 1947- [Browse]
Format
Book
Language
English
Published/​Created
Upper Saddle River, N.J. : Prentice Hall, ©2003.
Description
xxii, 226 p. ; 24 cm.

Availability

Copies in the Library

Location Call Number Status Location Service Notes
Forrestal Annex - AHC79.W4 E348 2003 Browse related items Request

    Details

    Subject(s)
    Series
    Financial Times Prentice Hall books [More in this series]
    Summary note
    • "This book cuts through the conventional wisdom and ideologies that hide the true implications of globalization - and reveals a pragmatic path to a hopeful future."--Jacket.
    • "Brave New Wealthy World demonstrates how today's international financial systems are spreading prosperity and well-being more widely than ever before - and what it will take to spread the wealth to virtually every corner of the Earth." "John C. Edmunds proposes a new symbiotic relationship between rich and poor countries that offers powerful benefits to both. He demonstrates why "first world" investors will increasingly depend upon growth in emerging economies to achieve the returns they need and offers a blueprint for transforming emerging nations' financial systems into powerful drivers of economic growth."
    Bibliographic references
    Includes bibliographical references (p. 207-213) and index.
    Contents
    • A New Force and the Race to Harness It
    • Securitization
    • Does Securitization Create Value?
    • National Financial Systems
    • National Financial Systems as Engines of Growth
    • Asset Booms Contrasted with Bubbles
    • A Fully Securitized Country Contrasted with a Completely Unsecuritized Country
    • Implementing a Finance-Driven Growth Strategy
    • Competition to Harness the Power of Securitization
    • Origins of the Pressure to Harness the New Force
    • Favorable Conditions for the Securitization-Driven Growth Strategy
    • An Idea Germinates
    • A Belief Grounded in Early Experiences
    • The Campaign to Raise Market Values Gets Underway
    • Three Booms and How They Ended
    • Financial Assets: Catalysts of World Prosperity
    • Shining the Spotlight on Financial Infrastructure
    • Growth Pattern of United States Financial Wealth 1960-1980
    • Growth of U.S. Financial Wealth Takes Off 1980-2000
    • Three Defective National Financial Systems and Attributes of a Better One
    • The Era of Financial Assets Begins
    • Built to Fall Down
    • Two Tasks
    • Deliver Us from Temptation
    • Transmitting Pressure to Perform
    • Is It Workable for Everyone to Invest in the United States?
    • Yields on U.S. Financial Investments Take Off
    • Priorities Shift to Raising Returns on Financial Assets
    • Americans Raise Their Aspirations
    • The New Mechanism for Creating Wealth in the United States
    • An Upper Limit to the Financial Wealth-Creation Process in the United States?
    • Breaking the Upper Limit to the Financial Wealth Creation Process.
    ISBN
    • 0130381608 ((case))
    • 9780130381606 ((case))
    LCCN
    2003048804
    OCLC
    51984928
    Statement on language in description
    Princeton University Library aims to describe library materials in a manner that is respectful to the individuals and communities who create, use, and are represented in the collections we manage. Read more...
    Other views
    Staff view