Geo-Economics: The Interplay between Geopolitics, Economics, and Investments

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Author :
Publisher : CFA Institute Research Foundation
ISBN 13 : 1952927072
Total Pages : 230 pages
Book Rating : 4.9/5 (529 download)

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Book Synopsis Geo-Economics: The Interplay between Geopolitics, Economics, and Investments by : Joachim Klement

Download or read book Geo-Economics: The Interplay between Geopolitics, Economics, and Investments written by Joachim Klement and published by CFA Institute Research Foundation. This book was released on 2021-04-28 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today’s investors need to understand geopolitical trends as a main driving force of markets. This book provides just that: an understanding of the interplay between geopolitics and economics, and of the impact of that dynamic on financial markets. To me, geo-economics is the study of how geopolitics and economics interact in international relations. Plenty of books on geopolitics have been written by eminent experts in politics and international affairs. This book is not one of them. First, I am neither a political scientist nor an expert in international affairs. I am an economist and an investment strategist who has been fascinated by geopolitics for many years. And this fascination has led me to the realization that almost all books and articles written on geopolitics are useless for investors. Political scientists are not trained to think like investors, and they are not typically trained in quantitative methods. Instead, they engage in developing narratives for geopolitical events and processes that pose risks and opportunities for investors. My main problem with these narratives is that they usually do not pass the “so what?” test. Geopolitical risks are important, but how am I to assess which risks are important for my portfolio and which ones are simply noise? Because geopolitics experts focus on politics, they do not provide an answer to this crucial question for investors. What could be important for a geopolitics expert and for global politics could be totally irrelevant for investors. For example, the US wars in Iraq and Afghanistan have been going on for almost two decades now and have been an important influence on the political discussion in the United States. But for investors, the war in Afghanistan was a total nonevent, and the war in Iraq had only a fleeting influence, when it started in 2003. Geopolitics experts cannot answer the question of which geopolitical events matter for investors and which do not. Unfortunately, some experts thus claim that all geopolitical risks matter and that these risks cannot be quantified but only assessed qualitatively. Nothing could be further from the truth. In the chapters that follow, I discuss geopolitical and geo-economic events from the viewpoint of an investor and show that they can be quantified and introduced as part of a traditional risk management process. I do this in two parts. The first part of this book focuses on geopolitics that matters to investors. It reviews the literature on a range of geopolitical events and shows which events have a material economic effect and which do not. The second part of this book puts the insights from those first chapters into practice by applying them to current geopolitical trends. In this second part, I stick my head out and examine the impact the geopolitical trends have on the economy and financial markets today and their likely development in the coming years. —Joachim Klement, CFA

Politics and Foreign Direct Investment

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Publisher : University of Michigan Press
ISBN 13 : 0472028375
Total Pages : 211 pages
Book Rating : 4.4/5 (72 download)

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Book Synopsis Politics and Foreign Direct Investment by : Nathan Jensen

Download or read book Politics and Foreign Direct Investment written by Nathan Jensen and published by University of Michigan Press. This book was released on 2012-09-18 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: For decades, free trade was advocated as the vehicle for peace, prosperity, and democracy in an increasingly globalized market. More recently, the proliferation of foreign direct investment has raised questions about its impact upon local economies and politics. Here, seven scholars bring together their wide-ranging expertise to investigate the factors that determine the attractiveness of a locale to investors and the extent of their political power. Multinational corporations prefer to invest where legal and political institutions support the rule of law, protections for property rights, and democratic processes. Corporate influence on local institutions, in turn, depends upon the relative power of other players and the types of policies at issue.

The Political Economy of the Investment Treaty Regime

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Publisher : Oxford University Press
ISBN 13 : 019871954X
Total Pages : 354 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis The Political Economy of the Investment Treaty Regime by : Jonathan Bonnitcha

Download or read book The Political Economy of the Investment Treaty Regime written by Jonathan Bonnitcha and published by Oxford University Press. This book was released on 2017 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment treaties are some of the most controversial instruments of global economic governance. This book integrates legal, economic, and political perspectives to offer the first comprehensive analysis of the political economy of the investment treaty regime, and contextualises the investment treaty regime in its broader socio-economic context.

Deciphering the European Investment Bank

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Publisher : Taylor & Francis
ISBN 13 : 1000596370
Total Pages : 322 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis Deciphering the European Investment Bank by : Lucia Coppolaro

Download or read book Deciphering the European Investment Bank written by Lucia Coppolaro and published by Taylor & Francis. This book was released on 2022-06-07 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deciphering the European Investment Bank: History, Politics and Economics examines the European Investment Bank (EIB), the European Union’s financial institution and the largest lender and borrower among the International Financial Institutions. Since its establishment in 1958, the EIB has developed without becoming front-page news and has remained highly invisible. By putting together 14 chapters that analyze topical and meaningful moments and aspects of the bank, this edited book offers the first comprehensive analysis of its origins and its evolution in terms of its mandate, governance, structures, policy activity, and performance. Written by acknowledged experts from various disciplines, the chapters weave together history, economics, law, and political science to provide a multidisciplinary examination and capture the complexity of the EIB. The book is a timely initiative for understanding the EIB, whose role has been ever increasing for contributing to the recent global economic challenges, including the economic and financial crisis, climate change, and COVID-19 pandemic. The chapters are written at a level which will be comprehensible to undergraduates in economics, history, and international political economy. It will also be a valuable source of reference for academics, policy makers, bankers, and other practitioners interested in regional development banks and their role in the global economy.

Economic Analysis and Infrastructure Investment

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Publisher : University of Chicago Press
ISBN 13 : 022680058X
Total Pages : 479 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis Economic Analysis and Infrastructure Investment by : Edward L. Glaeser

Download or read book Economic Analysis and Infrastructure Investment written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2021-11-11 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--

Politics, Economics and Investments

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Author :
Publisher : AuthorHouse
ISBN 13 : 1496912624
Total Pages : 83 pages
Book Rating : 4.4/5 (969 download)

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Book Synopsis Politics, Economics and Investments by : Donald M. Kinzer

Download or read book Politics, Economics and Investments written by Donald M. Kinzer and published by AuthorHouse. This book was released on 2014-06-02 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: Don believed the economic and financial markets have missed the key event holding back world growth: globalization. Globalization unleashed over one billion consumers and workers with the fall of the Berlin wall in 1990. The subsequent decline in communism was an historical economic event which had both positive and negative elements. The most negative element for the developed world was the limits on growth which are thus limiting employment. As the developed world has tried to maintain its lifestyle, even with the slower growth, it has resorted to more and more debt. Many advanced countries are now approaching historically dangerous debt levels. The resolution of this struggle between developed and developing countries will prove whether globalization has been a positive or negative force.

Economic Warfare

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Publisher : John Wiley & Sons
ISBN 13 : 1118197631
Total Pages : 256 pages
Book Rating : 4.1/5 (181 download)

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Book Synopsis Economic Warfare by : Ziad K. Abdelnour

Download or read book Economic Warfare written by Ziad K. Abdelnour and published by John Wiley & Sons. This book was released on 2011-11-21 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: New insights for investors and business people looking to create wealth in the turbulent post-crisis world In a no holds barred expose of the 2008 financial meltdown from the inside, Ziad K. Abdelnour argues that the political and financial elites have done nothing to fix the structural problems and instead have worsened the situation. By creating more market bubbles, they are actually waging a war on the most productive members of society. For investors, business people, and entrepreneurs that need to navigate the troubled geopolitical waters of the post-crisis world, Abdelnour offers several solutions, including looking at the world anew and understanding that the federal government's primary objective is to promote the creation of an environment conducive to the creation of wealth not job creation, not bailouts, not subsidies, not expansion of the federal bureaucracy, and not providing lifetime support to those who choose not to take advantage of the innumerable opportunities that exist in this nation for them to create a better, more productive life for themselves. Written for investors that need to navigate the troubled geopolitical waters of the post-crisis world · Offers "out of the box" investment tactics and strategies to outsmart the system · Describes political and business solutions that anyone can engage in to restore freedom and prosperity The author is President and CEO of Blackhawk Partners, Inc., a private family office that has two major lines of business, private equity investments and advisory services, and physical commodities trading Compelling and persuasive, Economic Warfare reveals that wealth can be created in the new, post-crisis world, but investors need to understand that the rules of the game have changed.

Politics and International Investment

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782543374
Total Pages : 216 pages
Book Rating : 4.5/5 (433 download)

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Book Synopsis Politics and International Investment by : Witold J. Henisz

Download or read book Politics and International Investment written by Witold J. Henisz and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'A challenging research monograph that will appeal to international business scholars in the area of transaction cost economics (TCE), political risk, multinational enterprise (MNE) host country bargaining, and international joint ventures. It offers both theoretical and empirical advances in this area.' - Alan Rugman, Journal of International Business Studies

The International Political Economy of Investment Bubbles

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Author :
Publisher : Routledge
ISBN 13 : 1351146343
Total Pages : 196 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis The International Political Economy of Investment Bubbles by : Paul Sheeran

Download or read book The International Political Economy of Investment Bubbles written by Paul Sheeran and published by Routledge. This book was released on 2017-11-28 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a historical appraisal of bubble investments, and blending theory with field observations, this insightful work will benefit academics, researchers and professionals observing the nexus of relationships between speculation, states and markets. The book presents an analysis of the development and decline of investment bubbles and helps develop the models that inform the risk assessment of bubble behaviour. By identifying particular trends and consequences, the book presents insight into the operation of speculative activity and its social, economic and political repercussions.

Capital Choices

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Publisher : University of Michigan Press
ISBN 13 : 0472129961
Total Pages : 232 pages
Book Rating : 4.4/5 (721 download)

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Book Synopsis Capital Choices by : Juergen Braunstein

Download or read book Capital Choices written by Juergen Braunstein and published by University of Michigan Press. This book was released on 2022-02-01 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sovereign wealth funds are state-controlled pools of capital that hold financial and real assets, including shares of state enterprises, and manage them to grow the nation’s base of sovereign wealth. The dramatic rise of sovereign wealth funds (SWFs) in both number and size—this group is now larger than the size of global private equity and hedge funds, combined—and the fact that most are located in non-OECD countries, has raised concern about the direction of capitalism. Yet SWFs are not a homogenous group of actors. Why do some countries with large current account surpluses, notably China, create SWFs while others, such as Switzerland and Germany, do not? Why do other countries with no macroeconomic justification, such as Senegal and Turkey, create SWFs? And why do countries with similar macroeconomic features, such as Kuwait and Qatar or Singapore and Hong Kong, choose different types of SWFs? Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.

Bounded Rationality and Economic Diplomacy

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Publisher : Cambridge University Press
ISBN 13 : 1107119537
Total Pages : 265 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis Bounded Rationality and Economic Diplomacy by : Lauge N. Skovgaard Poulsen

Download or read book Bounded Rationality and Economic Diplomacy written by Lauge N. Skovgaard Poulsen and published by Cambridge University Press. This book was released on 2015-08-21 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines how developing countries often sign up to highly potent rules underwriting economic globalisation without even realising it.

The Political Economy of the Investment Treaty Regime

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Publisher : Oxford University Press
ISBN 13 : 0191030244
Total Pages : 336 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis The Political Economy of the Investment Treaty Regime by : Jonathan Bonnitcha

Download or read book The Political Economy of the Investment Treaty Regime written by Jonathan Bonnitcha and published by Oxford University Press. This book was released on 2017-07-04 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment treaties are some of the most controversial but least understood instruments of global economic governance. Public interest in international investment arbitration is growing and some developed and developing countries are beginning to revisit their investment treaty policies. The Political Economy of the Investment Treaty Regime synthesises and advances the growing literature on this subject by integrating legal, economic, and political perspectives. Based on an analysis of the substantive and procedural rights conferred by investment treaties, it asks four basic questions. What are the costs and benefits of investment treaties for investors, states, and other stakeholders? Why did developed and developing countries sign the treaties? Why should private arbitrators be allowed to review public regulations passed by states? And what is the relationship between the investment treaty regime and the broader regime complex that governs international investment? Through a concise, but comprehensive, analysis, this book fills in some of the many "blind spots" of academics from different disciplines, and is the first port of call for lawyers, investors, policy-makers, and stakeholders trying to make sense of these critical instruments governing investor-state relations.

The Rise of the State

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Publisher : FT Press
ISBN 13 : 9780132317757
Total Pages : 304 pages
Book Rating : 4.3/5 (177 download)

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Book Synopsis The Rise of the State by : Yiannis G. Mostrous

Download or read book The Rise of the State written by Yiannis G. Mostrous and published by FT Press. This book was released on 2010-07-28 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you want to make money in the coming decade, you need to understand the two most powerful trends that are reshaping global markets right now: the growth of emerging economies, and the accelerating influence of sovereign wealth funds. Both trends share one crucial characteristic: they reflect the rising role of government actors, and make it more important for investors to understand geopolitics than ever before. These trends emerged well before the global financial and economic crisis, and that crisis has only strengthened them. In The Rise of the State, three leading investment advisors tell the hidden story of state investment power, and offer more than 70 specific investment recommendations you can start profiting from right now. The authors illuminate trends ranging from the new rise of Asia to the massive migration of individuals to cities worldwide - identifying implications and opportunities in areas ranging from energy to water, healthcare to education. You'll find powerful new insights into the surprising - and mostly positive - impact of sovereign wealth funds both within and outside the U.S. You'll also learn how to ride alongside these funds, understand their goals and strategies, and invest in the companies and industries they've identified as offering the greatest potential.

Investing in Resource Efficiency

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Publisher : Springer
ISBN 13 : 9783319788661
Total Pages : 253 pages
Book Rating : 4.7/5 (886 download)

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Book Synopsis Investing in Resource Efficiency by : Florian Flachenecker

Download or read book Investing in Resource Efficiency written by Florian Flachenecker and published by Springer. This book was released on 2018-06-30 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers the multi-faceted incentives, trade-offs, and challenges associated with the economics and politics of resource efficiency investments. By contributing a wide range of empirical evidence, practitioners' insights, and policy perspectives, this book carefully examines the role of resource efficiency in reconciling environmental and economic considerations. It also discusses the critical role of resource efficiency investments in mitigating climate change and enabling sustainable development. Featuring expert insights from academia, the European Commission, the European Investment Bank, and the European Bank for Reconstruction and Development, this book provides a policy oriented guide, reference, and toolbox for unlocking the potential of resource efficiency. To this end, it identifies practical measures for overcoming barriers and creating smart incentives for leveraging resource efficiency investments. Overall, this book brings together evidence to develop innovative ideas and strategies for improving the efficient use of resources and advancing clean and sustainable development. "This book is an important and timely contribution", Angel Gurria, Secretary General, OECD

Political, Economic and Financial Country Risk

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Publisher : Springer Science & Business Media
ISBN 13 : 331902177X
Total Pages : 281 pages
Book Rating : 4.3/5 (19 download)

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Book Synopsis Political, Economic and Financial Country Risk by : Mohamed A. Ramady

Download or read book Political, Economic and Financial Country Risk written by Mohamed A. Ramady and published by Springer Science & Business Media. This book was released on 2013-10-19 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Decades go by and nothing happens; then weeks go by and decades happen”. This apt saying encapsulates the dramatic convulsions taking place across the Arab world that first erupted in 2011 in Tunisia and which rapidly spread to other countries. These events have affected the lives of ordinary citizens in many more ways than had been intended when the ‘Arab Spring’ broke out, with the endgame still not very clear as demonstrated in countries like Egypt, Syria and Libya. By comparison, with some exceptions, the six countries comprising the Gulf Cooperation Council have been relatively unaffected by the general turbulence and uncertainties lapping around them. However, geopolitical shifts involving global superpower rivalries, combined with revolutionary breakthroughs in the non-conventional hydrocarbon energy sector are threatening to challenge the importance of the Arabian Gulf as the world’s leading suppliers of energy, putting their economies under fiscal stress. The author examines such challenges by: • Providing the first in-depth statistical analytical assessment of the GCC countries using monthly data over the period 2001 -2013 for the three risk categories- economic, financial and political risks- and their sub –components so as to enable policymakers enhance components with low risk , while addressing components with perceived higher risk, • Assessing FDI and capital inflows and outflows before and after the “Arab Spring” , and how to encourage FDI inflows, • Inter –Arab and GCC trade and synergies in power transmission , transportation links and establishing new hubs of centers of manufacturing excellence , • Exploring private sector-led growth models to reduce forecasted unemployment. Being complacent is not an option for the GCC. The aim of the book is that having a better understanding of each of the GCC countries’ individual risk parameters will enable the GCC meet future challenges and reduce the chances of a negative ‘Arab Spring’ occurring in the region. Mohamed Ramady is a Visiting Associate Professor at the Department of Finance and Economics, King Fahd University of Petroleum and Minerals. His main research interests are the economics of the Middle East and Saudi Arabia in particular, as well as money and banking He also held senior positions with international financial institutions in the Arabian Gulf and Europe.

The Politics of Public Fund Investing

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Author :
Publisher : Simon and Schuster
ISBN 13 : 074326729X
Total Pages : 210 pages
Book Rating : 4.7/5 (432 download)

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Book Synopsis The Politics of Public Fund Investing by : Ben Finkelstein

Download or read book The Politics of Public Fund Investing written by Ben Finkelstein and published by Simon and Schuster. This book was released on 2006-03-14 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: A financial guide for fund managers and public officials demonstrates how to create and oversee portfolios that meet such key policy objectives as securing principal safety, maintaining liquidity, and optimizing income, in a textbook that adapts Wall Street techniques. 15,000 first printing.

Country Analysis

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Publisher : CRC Press
ISBN 13 : 131715889X
Total Pages : 225 pages
Book Rating : 4.3/5 (171 download)

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Book Synopsis Country Analysis by : David M. Currie

Download or read book Country Analysis written by David M. Currie and published by CRC Press. This book was released on 2016-05-13 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ability to connect theoretical macroeconomics to the analysis of the economic and political performance of a given country is an essential skill for global investors. In Country Analysis: Understanding Economic and Political Performance, David M. Currie takes a unique analytical approach to the subject, clearly demonstrating the relationship between theory and application in investing practices. This valuable book shows how to interpret country performance and provides the practising investor with sufficient background on economic principles to be able to understand and interpret country summaries that appear in business periodicals and other media. It covers key topics such as the Washington Consensus and the three major categories of economic decisions - fiscal policy, monetary policy and trade policy. It includes an important chapter on the political aspect of government performance, to give the reader an understanding of economic decisions in their true context. Country Analysis explains the reasoning behind the criteria used in evaluating country risk and economic performance, without the need for a sophisticated understanding of economics or mathematics. Each chapter includes a series of text boxes that include real-life examples from business periodicals to reinforce what is discussed and enable readers to practice identifying and interpreting relevant information. Practitioners making investment decisions in global markets, as well as students in MBA and other courses, will find this immensely practical book a valuable aid to critical decision making.