Economic Drivers

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Universities and Colleges as Economic Drivers

Author : Jason E. Lane
Publisher : State University of New York Press
ISBN 13 : 1438445024
Total Pages : 348 pages
Book Rating : 4.4/5 (384 download)

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Book Synopsis Universities and Colleges as Economic Drivers by : Jason E. Lane

Download or read book Universities and Colleges as Economic Drivers written by Jason E. Lane and published by State University of New York Press. This book was released on 2012-11-20 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Local, state, and national economies are facing unprecedented levels of international competition. The current fiscal crisis has hampered the ability of many governments in the developed world to directly facilitate economic growth. At the same time, many governments in the developing world are investing significant new resources into local infrastructure and industry development initiatives. At the heart of the current economic transformation lie our colleges and universities. Through their roles in education, innovation, knowledge transfer, and community engagement, these institutions are working toward spurring economic growth and prosperity. This book brings together leading scholars from a variety of disciplines to assess how universities and colleges exert impact on economic growth. The contributors consider various methodologies, metrics, and data sources that may be used to gauge the performance of diverse higher education institutions in improving economic outcomes in the United States and around the world. Also presented are new typologies of economic development activities and related state policies that are designed to improve understanding of such initiatives and generate new energy and focus for an international community of scholars and practitioners working to formulate new models for how public universities and colleges may lead economic development in their states and communities while still performing their traditional educational functions. Universities and Colleges as Economic Drivers is meant to cultivate greater understanding among elected officials, business representatives, policymakers, and other concerned parties about the central roles universities and colleges play in national, state, and local economies.

Global Plastics Outlook Economic Drivers, Environmental Impacts and Policy Options

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264584064
Total Pages : 201 pages
Book Rating : 4.2/5 (645 download)

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Book Synopsis Global Plastics Outlook Economic Drivers, Environmental Impacts and Policy Options by : OECD

Download or read book Global Plastics Outlook Economic Drivers, Environmental Impacts and Policy Options written by OECD and published by OECD Publishing. This book was released on 2022-02-22 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: While plastics are extremely useful materials for modern society, plastics production and waste generation continue to increase with worsening environmental impacts despite international, national and local policy responses, as well as industry commitments. The first of two reports, this Outlook intends to inform and support policy efforts to combat plastic leakage.

Global Productivity

Author : Alistair Dieppe
Publisher : World Bank Publications
ISBN 13 : 1464816093
Total Pages : 552 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Productivity by : Alistair Dieppe

Download or read book Global Productivity written by Alistair Dieppe and published by World Bank Publications. This book was released on 2021-06-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

The Informal Economy

Author : Ioana Horodnic
Publisher : Routledge
ISBN 13 : 1351655310
Total Pages : 236 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis The Informal Economy by : Ioana Horodnic

Download or read book The Informal Economy written by Ioana Horodnic and published by Routledge. This book was released on 2017-09-22 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: During much of the twentieth century, informal employment and entrepreneurship was commonly depicted as a residue from a previous era. Its continuing presence was seen to be a sign of "backwardness" whilst the formal economy represented "progress". In recent decades, however, numerous studies have revealed not only that informal employment is extensive and persistent but also that it is growing relative to formal employment in many populations. Whilst in the developing world, the informal economy is often found to be the mainstream economy, nevertheless, in the developed world too, informality is currently still estimated to account for notable per cent of GDP. The Informal Economy: Exploring Drivers and Practices intends to engage with these issues, providing a much-need ‘contextualised’ approach to explain the persistence and growth of forms of informal economic practices and entrepreneurial activities in the twenty-first century. Using a diverse range of empirical case studies from Europe, Africa, North Africa and Asia, this book unpacks the different varieties of forms of informal work and entrepreneurship and provides a critical analysis of existing theorisations used to explain such phenomena. This book’s aim is to examine the nature and persistence of informal work and entrepreneurship, across a variety of empirical settings, from within the developed world, the developing world and within transformation economies within post-socialist spaces. Given its worldwide, interdisciplinary and multidisciplinary approach and recent interest in the informal economies by a number of disciplines and organisations, this book will be of vital reading to those operating in the fields of: Economics, political economy and management, Human and economic geography and Economic anthropology and sociology as well as development studies

Future Drivers of Growth in Rwanda

Author : The World Bank;Government of Rwanda
Publisher : World Bank Publications
ISBN 13 : 1464812853
Total Pages : 452 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Future Drivers of Growth in Rwanda by : The World Bank;Government of Rwanda

Download or read book Future Drivers of Growth in Rwanda written by The World Bank;Government of Rwanda and published by World Bank Publications. This book was released on 2020-07-06 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: A strong and widely acknowledged record of economic success-including a three-and-a-half-fold increase in per capita income since 1994--places Rwanda among the world’s fastest--growing economies. Traumatic memories of the 1994 genocide are gradually fading, as associations begin to take a more positive form--of a nation on the rise, powered by human resilience, a sense of common purpose, and a purposeful government. Past successes and a sense of frailty have fueled aspirations for a secure, prosperous, and modern future. Sustaining high rates of economic growth is at the heart of these ambitions. Recent formulations of the nation’s Vision 2050 set a target of achieving upper-middle-income status by 2035 and high-income status by 2050. Future Drivers of Growth in Rwanda: Innovation, Integration, Agglomeration, and Competition, a joint undertaking by experts from Rwanda and the World Bank Group, evaluates the country’s possibilities and options in this endeavor. The report identifies four essential drivers of growth--innovation, integration, agglomeration, and competition--and reforms in six priority areas: human capital development, export dynamism and regional integration, well-managed urbanization, competitive domestic enterprises, agricultural modernization, and capable and accountable public institutions.

Global Material Resources Outlook to 2060 Economic Drivers and Environmental Consequences

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264307451
Total Pages : 214 pages
Book Rating : 4.2/5 (643 download)

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Book Synopsis Global Material Resources Outlook to 2060 Economic Drivers and Environmental Consequences by : OECD

Download or read book Global Material Resources Outlook to 2060 Economic Drivers and Environmental Consequences written by OECD and published by OECD Publishing. This book was released on 2019-02-12 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents global projections of materials use and their environmental consequences, providing a quantitative outlook to 2060 at the global, sectoral and regional levels for 61 different materials (biomass resources, fossil fuels, metals and non-metallic minerals). It explains the ...

The Role of Innovation and Entrepreneurship in Economic Growth

Author : Michael J Andrews
Publisher : University of Chicago Press
ISBN 13 : 022681078X
Total Pages : 633 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis The Role of Innovation and Entrepreneurship in Economic Growth by : Michael J Andrews

Download or read book The Role of Innovation and Entrepreneurship in Economic Growth written by Michael J Andrews and published by University of Chicago Press. This book was released on 2022-03-17 with total page 633 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--

Political and economic drivers of Sudan's armed conflict: Implications for the agri-food system

Author : Abushama, Hala
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4./5 ( download)

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Book Synopsis Political and economic drivers of Sudan's armed conflict: Implications for the agri-food system by : Abushama, Hala

Download or read book Political and economic drivers of Sudan's armed conflict: Implications for the agri-food system written by Abushama, Hala and published by Intl Food Policy Res Inst. This book was released on 2023-10-27 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study assesses the political economy of the conflict between the Sudan Armed Forces (SAF) and the Rapid Support Forces (RSF) that brought out in April 2023, resulting in massive violence, displacement, and threats to food security. Based on a series of key informant interviews and other secondary materials, this study identifies that the primary underlying driver of the conflict relates to the rise of competition between the SAF and RSF over productive resources, including within the agri-food system. This scenario has been facilitated by a longstanding lack of scrutiny, accountability, and transparency over the distribution of economic rents and commercial holdings between the two factions. Additionally, the capture of rents from different industries and resources has been a key contributor to the geographic expansion of the conflict. As the conflict continues to rage between the two groups and their associates, it continues to impose considerable impacts on different actors within the agri-food system, posing significant challenges to the planting season and crop production, introducing blockades of trade routes, and a near cessation of agro-processing. We discuss these aspects of the ensuing conflict in view of the uncertainty about political and economic developments and propose policy recommendations for rebuilding Sudan’s agri-food system holistically under different scenarios.

Designated Drivers

Author : G. E. Anderson
Publisher : John Wiley & Sons
ISBN 13 : 111832885X
Total Pages : 337 pages
Book Rating : 4.1/5 (183 download)

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Book Synopsis Designated Drivers by : G. E. Anderson

Download or read book Designated Drivers written by G. E. Anderson and published by John Wiley & Sons. This book was released on 2012-06-19 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers insight into the Chinese economy through the lens of the auto industry, uses case studies to illustrate China's explosive growth over the last three decades, and explores the strengths and weaknesses of the Chinese economy.

Communities in Action

Author : National Academies of Sciences, Engineering, and Medicine
Publisher : National Academies Press
ISBN 13 : 0309452961
Total Pages : 583 pages
Book Rating : 4.3/5 (94 download)

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Book Synopsis Communities in Action by : National Academies of Sciences, Engineering, and Medicine

Download or read book Communities in Action written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-04-27 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.

Spent behind the Wheel

Author : Julietta Hua
Publisher : U of Minnesota Press
ISBN 13 : 1452966435
Total Pages : 180 pages
Book Rating : 4.4/5 (529 download)

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Book Synopsis Spent behind the Wheel by : Julietta Hua

Download or read book Spent behind the Wheel written by Julietta Hua and published by U of Minnesota Press. This book was released on 2021-12-21 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring professional passenger driving and the gig economy through feminist theories of labor Are taxi drivers in today’s era of the ride-hail app performing care work akin to domestic and household labor? So argue the authors of Spent behind the Wheel. Bringing together sociological and legal perspectives with feminist theoretical insights, Julietta Hua and Kasturi Ray examine the case study of contemporary professional passenger driving in the United States. On the one hand, they show, the rise of the gig economy has brought new attention to the industry of professional passenger driving. On the other hand, the vulnerabilities that professional drivers experience remain hidden. Drawing on interviews with drivers, labor organizers, and members of licensing commissions, as well as case law and other published resources, Hua and Ray argue that working for ride-hail companies like Uber and Lyft shares similarities with driving for taxi companies in the impact on driver lives. Lyft and Uber sell the idea of industry disruption, but in fact they entrench long-standing modes of extracting the reproductive labor of their drivers for the benefit of consumer lives. Reproductive labor—conventionally understood as feminized labor—is extracted, but masked, behind the masculinized, racialized bodies of drivers. Professional driving is thus best understood alongside domestic and other gendered service work as reproductive labors devalued and often demonetized to benefit the national economy. Spent behind the Wheel is a must for readers interested in critical studies of technological change and the gig economy, showing how drivers’ capacities are drained for the benefit of riders, corporations, and the maintenance of the racial state.

The Fourth Industrial Revolution

Author : Klaus Schwab
Publisher : Currency
ISBN 13 : 1524758876
Total Pages : 192 pages
Book Rating : 4.5/5 (247 download)

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Book Synopsis The Fourth Industrial Revolution by : Klaus Schwab

Download or read book The Fourth Industrial Revolution written by Klaus Schwab and published by Currency. This book was released on 2017-01-03 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.

The Informal Economy

Author : Ioana Horodnic
Publisher : Routledge
ISBN 13 : 1351655329
Total Pages : 268 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis The Informal Economy by : Ioana Horodnic

Download or read book The Informal Economy written by Ioana Horodnic and published by Routledge. This book was released on 2017-09-22 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: During much of the twentieth century, informal employment and entrepreneurship was commonly depicted as a residue from a previous era. Its continuing presence was seen to be a sign of "backwardness" whilst the formal economy represented "progress". In recent decades, however, numerous studies have revealed not only that informal employment is extensive and persistent but also that it is growing relative to formal employment in many populations. Whilst in the developing world, the informal economy is often found to be the mainstream economy, nevertheless, in the developed world too, informality is currently still estimated to account for notable per cent of GDP. The Informal Economy: Exploring Drivers and Practices intends to engage with these issues, providing a much-need ‘contextualised’ approach to explain the persistence and growth of forms of informal economic practices and entrepreneurial activities in the twenty-first century. Using a diverse range of empirical case studies from Europe, Africa, North Africa and Asia, this book unpacks the different varieties of forms of informal work and entrepreneurship and provides a critical analysis of existing theorisations used to explain such phenomena. This book’s aim is to examine the nature and persistence of informal work and entrepreneurship, across a variety of empirical settings, from within the developed world, the developing world and within transformation economies within post-socialist spaces. Given its worldwide, interdisciplinary and multidisciplinary approach and recent interest in the informal economies by a number of disciplines and organisations, this book will be of vital reading to those operating in the fields of: Economics, political economy and management, Human and economic geography and Economic anthropology and sociology as well as development studies

Drivers of Labor Force Participation in Advanced Economies: Macro and Micro Evidence

Author : Francesco Grigoli
Publisher : International Monetary Fund
ISBN 13 : 1484361520
Total Pages : 40 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Drivers of Labor Force Participation in Advanced Economies: Macro and Micro Evidence by : Francesco Grigoli

Download or read book Drivers of Labor Force Participation in Advanced Economies: Macro and Micro Evidence written by Francesco Grigoli and published by International Monetary Fund. This book was released on 2018-06-25 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite significant headwinds from population aging in most advanced economies (AEs), labor force participation rates show remarkably divergent trajectories both across countries and across different groups of workers. Participation increased sharply among prime-age women and, more recently, older workers, but fell among the young and prime-age men. This pa- per investigates the determinants of these trends using aggregate and individual-level data. We find that the bulk of the dramatic increase in the labor force attachment of prime-age women and older workers in the past three decades can be explained by changes in labor mar- ket policies and institutions, structural transformation, and gains in educational attainment. Technological advances such as automation, on the other hand, weighed on the labor supply of prime-age and older workers. In light of the dramatic demographic shifts expected in the coming decades in many AEs, our findings underscore the need to invest in education and training, reform the tax system, reduce early retirement incentives, improve the job-matching process, and help individuals combine family and work life in order to alleviate the pressures from aging on labor supply.

Global Deforestation

Author : Christiane Runyan
Publisher : Cambridge University Press
ISBN 13 : 1316654222
Total Pages : 277 pages
Book Rating : 4.3/5 (166 download)

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Book Synopsis Global Deforestation by : Christiane Runyan

Download or read book Global Deforestation written by Christiane Runyan and published by Cambridge University Press. This book was released on 2016-04-18 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global Deforestation provides a concise but comprehensive examination of the variety of ways in which deforestation modifies environmental processes, as well as the societal implications of these changes. The book stresses how forest ecosystems may be prone to nearly irreversible degradation. To prevent the loss of important biophysical and socioeconomic functions, forests need to be adequately managed and protected against the increasing demand for agricultural land and forest resources. The book describes the spatial extent of forests, and provides an understanding of the past and present drivers of deforestation. It presents a theoretical background to understand the impacts of deforestation on biodiversity, hydrological functioning, biogeochemical cycling, and climate. It bridges the physical and biological sciences with the social sciences by examining economic impacts and socioeconomic drivers of deforestation. This book will appeal to advanced students, researchers and policymakers in environmental science, ecology, forestry, hydrology, plant science, ecohydrology, and environmental economics.

Economic Drivers of Migration and Climate Change in LDCs

Author : Helene Bie Lilleør
Publisher : University Press of Southern Denmark
ISBN 13 : 9788790199623
Total Pages : 0 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis Economic Drivers of Migration and Climate Change in LDCs by : Helene Bie Lilleør

Download or read book Economic Drivers of Migration and Climate Change in LDCs written by Helene Bie Lilleør and published by University Press of Southern Denmark. This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental migration is a topic which has given rise to widespread debate and gloomy predictions about the state of the world by 2050, but where rigorous research and empirical evidence are unfortunately in short supply. This study paper reviews the existing research on - and empirical evidence of - how climate change and climate variability in Less Developed Countries (LDCs) affects two main drivers of migration identified by migration models in the economic literature, namely: a) income level differentials between origin and destination areas and income variability in origin areas, and b) how they in turn affect migration. This paper highlights the need for a clearer picture of the driving force behind the link between rainfall and migration, which would in turn benefit policymaking in this area.

Principles

Author : Ray Dalio
Publisher : Simon and Schuster
ISBN 13 : 1982112387
Total Pages : 560 pages
Book Rating : 4.9/5 (821 download)

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Book Synopsis Principles by : Ray Dalio

Download or read book Principles written by Ray Dalio and published by Simon and Schuster. This book was released on 2018-08-07 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: #1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.