Economic Modeling in the Post Great Recession Era

The revised edition of this highly acclaimed work presents crucial lessons from Japan's recession that could aid the US and other economies as they struggle to recover from the current financial crisis. This book is about Japan's 15-year long recession and how it affected current theoretical thinking about its causes and cures. It has a detailed explanation on what happened to Japan, but the discoveries made are so far-reaching that a large portion of economics literature will have to be modified to accommodate another half to the macroeconomic spectrum of possibilities that conventional theorists have overlooked. The author developed the idea of yin and yang business cycles where the conventional world of profit maximization is the yang and the world of balance sheet recession, where companies are minimizing debt, is the yin. Once so divided, many varied theories developed in macro economics since the 1930s can be nicely categorized into a single comprehensive theory- The Holy Grail of Macro Economics

The guidance every nonprofit needs to plan the best survive-and-succeed strategy in any economy The slow and uneven climb out from the Great Recession promises nonprofits an economic future that is unlike the past. Get equipped with the tools you need to plan your resilient nonprofit strategy with Recession, Recovery, and Renewal: Long-Term Nonprofit Strategies for Rapid Economic Change. This dynamic book reveals how your nonprofit can choose and assess indicators that will anticipate rapid twists in the road. It illustrates how your nonprofit can adapt management, programs, skills, leadership, and governance to take advantage of—rather than suffer through—rapid and constant change. This book is a practical guide that teaches readers to identify, choose and track trend indicators in the market; establish systems to take up and act on both challenges and opportunities surfaced by those indicators; and produce concrete evidence of the impact of paying attention to those indicators. Examines the Great Recession and its effect on government finance Explores economic and industrial structure and performance over the next two decades, domestically and globally Provides a concrete strategic guide toward change, grow capacity, and fulfillment of your nonprofit's mission Offers a practical guide to restructuring the business model of nonprofits to anticipate—not react—to change Documents the nature and levels of current and future economic change Featuring a profile self-assessment questionnaire to help readers determine their readiness to adapt to change and to produce evidence to support innovation and performance and case studies written by agencies of Omnicom, a global Fortune 200 company, together with their nonprofit and corporate partners based on actual strategy development, Recession, Recovery, and Renewal: Long-Term Nonprofit Strategies for Rapid Economic Change is the first book to provide the nonprofit sector with a concrete guide to organizational strategy based on documented statistical evidence of the future economic and leadership structure—that will eventually become the operating environment.

WikiLeaks is the most challenging journalistic phenomenon to have emerged in the digital era. It has provoked anger and enthusiasm in equal measure, from across the political and journalistic spectrum. WikiLeaks poses a series of questions to the status quo in politics, journalism and to the ways we understand political communication. It has compromised the foreign policy operations of the most powerful state in the world, broken stories comparable to great historic scoops like the Pentagon Papers, and caused the mighty international news organizations to collaborate with this tiny editorial outfit. Yet it may also be on the verge of extinction. This is the first book to examine WikiLeaks fully and critically and its place in the contemporary news environment. The authors combine inside knowledge with the latest media research and analysis to argue that the significance of Wikileaks is that it is part of the shift in the nature of news to a network system that is contestable and unstable. Welcome to Wiki World and a new age of uncertainty.

This edited book is divided into three parts: Fundamentals of Medical and Health Sciences Modeling and Simulation introduces modeling and simulation in the medical and health sciences; Medical and Health Sciences Models provides the theoretical underpinnings of medical and health sciences modeling; and Modeling and Simulation Applications in Medical and Health Sciences focuses on teaching, training, and research applications. The book begins with a general discussion of modeling and simulation from the modeling and simulation discipline perspective. This discussion grounds the reader in common terminology. It also relates this terminology to concepts found in the medical and health care (MHC) area to help bridge the gap between developers and MHC practitioners. Three distinct modes of modeling and simulation are described: live, constructive, and virtual. The live approach explains the concept of using real (live) people employing real equipment for training purposes. The constructive mode is a means of engaging medical modeling and simulation. In constructive simulation, simulated people and simulated equipment are developed to augment real-world conditions for training or experimentation purposes. The virtual mode is perhaps the most fascinating as virtual operating rooms and synthetic training environments are being produced for practitioners and educators at break-neck speed. In this mode, real people are employing simulated equipment to improve physical skills and decision-making ability.

This book is the definitive and most comprehensive guide to modeling derivatives in C++ today. Providing readers with not only the theory and math behind the models, as well as the fundamental concepts of financial engineering, but also actual robust object-oriented C++ code, this is a practical introduction to the most important derivative models used in practice today, including equity (standard and exotics including barrier, lookback, and Asian) and fixed income (bonds, caps, swaptions, swaps, credit) derivatives. The book provides complete C++ implementations for many of the most important derivatives and interest rate pricing models used on Wall Street including Hull-White, BDT, CIR, HJM, and LIBOR Market Model. London illustrates the practical and efficient implementations of these models in real-world situations and discusses the mathematical underpinnings and derivation of the models in a detailed yet accessible manner illustrated by many examples with numerical data as well as real market data. A companion CD contains quantitative libraries, tools, applications, and resources that will be of value to those doing quantitative programming and analysis in C++. Filled with practical advice and helpful tools, Modeling Derivatives in C++ will help readers succeed in understanding and implementing C++ when modeling all types of derivatives.

WINNER of the 2015 ICA Outstanding Book Award This path-breaking book explores how solidarity towards vulnerable others is performed in our media environment. It argues that stories where famine is described through our own experience of dieting or or where solidarity with Africa translates into wearing a cool armband tell us about much more than the cause that they attempt to communicate. They tell us something about the ways in which we imagine the world outside ourselves. By showing historical change in Amnesty International and Oxfam appeals, in the Live Aid and Live 8 concerts, in the advocacy of Audrey Hepburn and Angelina Jolie as well as in earthquake news on the BBC, this far-reaching book shows how solidarity has today come to be not about conviction but choice, not vision but lifestyle, not others but ourselves – turning us into the ironic spectators of other people’s suffering.

“ … the enterprise of today has changed … wherever you sit in this new corporation … Srinivasan gives us a practical and provocative guide for rethinking our business process … calling us all to action around rapid development of our old, hierarchical structures into flexible customer centric competitive force …. A must read for today’s business leader.” Mark Nunnelly, Executive Director, MassIT, Commonwealth of Massachusetts and Managing Director, Bain Capital “’Efficiency,’ ‘agile,’ and ‘analytics’ used to be the rage. Venkat Srinivasan explains in this provocative book why organizations can no longer afford to stop there. They need to move beyond – to be ‘intelligent.’ It isn’t just theory. He’s done it.” Bharat Anand, Henry R. Byers Professor of Business Administration, Harvard Business School In the era of big data and automation, the book presents a cutting-edge approach to how enterprises should organize and function. Striking a practical balance between theory and practice, The Intelligent Enterprise in the Era of Big Data presents the enterprise architecture that identifies the power of the emerging technology environment. Beginning with an introduction to the key challenges that enterprises face, the book systematically outlines modern enterprise architecture through a detailed discussion of the inseparable elements of such architecture: efficiency, flexibility, and intelligence. This architecture enables rapid responses to market needs by sensing important developments in internal and external environments in real time. Illustrating all of these elements in an integrated fashion, The Intelligent Enterprise in the Era of Big Data also features: • A detailed discussion on issues of time-to-market and flexibility with respect to enterprise application technology • Novel analyses illustrated through extensive real-world case studies to help readers better understand the applicability of the architecture and concepts • Various applications of natural language processing to real-world business transactions • Practical approaches for designing and building intelligent enterprises The Intelligent Enterprise in the Era of Big Data is an appropriate reference for business executives, information technology professionals, data scientists, and management consultants. The book is also an excellent supplementary textbook for upper-undergraduate and graduate-level courses in business intelligence, data mining, big data, and business process automation. “a compelling vision of the next generation of organization—the intelligent enterprise—which will leverage not just big data but also unstructured text and artificial intelligence to optimize internal processes in real time … a must-read book for CEOs and CTOs in all industries.” Ravi Ramamurti, D”Amore-McKim Distinguished Professor of International Business and Strategy, and Director, Center for Emerging Markets, Northeastern University “It is about the brave new world that narrows the gap between technology and business …. The book has practical advice from a thoughtful practitioner. Intelligent automation will be a competitive strength in the future. Will your company be ready?” Victor J. Menezes, Retired Senior Vice Chairman, Citigroup Venkat Srinivasan, PhD, is Chairman and Chief Executive Officer of RAGE Frameworks, Inc., which supports the creation of intelligent business process automation solutions and cognitive intelligence solutions for global corporations. He is an entrepreneur and holds several patents in the area of knowledge-based technology architectures. He is t

A comprehensive treatment of the economic and global impacts of the advanced materials industry This book represents the first comprehensive investigation of the emerging international advanced materials industry and its profound impact on the world's industrialized and newly emerging economies. It examines the ways in which science, technology, business, and markets have converged to produce one of the most dynamic industries in recent years—one that is increasingly controlling global technological progress as a whole. From the unique vantage point of this crucial industry, this book illuminates the major differences in how the world's two economic superpowers—the United States and the European Union—perceive and carry forward the technology creation process and what these differences mean for achieving national and regional competitive advantage in the twenty-first century. It draws upon a rich body of source materials spanning from 1970 through 2007 as well as actual in-depth interviews and internal corporate and governmental documentation. The book is organized thematically, with each section highlighting critical perspectives on the rise of the international advanced materials industry and its impact on the relative competitiveness of the United States and the European Union. It concludes with a discussion of how what we have learned about advanced materials in the West tells us of the future competitive power of an emerging Asia. The Advanced Materials Revolution is essential reading for researchers, executives, and managers working in the advanced materials and related technological fields, as well as professionals and scholars in the academic, investment, consulting, and government communities. It also serves as a valuable case study textbook for advanced undergraduate and graduate courses in business, management, entrepreneurship, technology studies, chemical and materials engineering, economics, economic history, and regional and economic development.

A powerful, unified approach to mathematical and computational modeling in science and engineering Mathematical and computational modeling makes it possible to predict the behavior of a broad range of systems across a broad range of disciplines. This text guides students and professionals through the axiomatic approach, a powerful method that will enable them to easily master the principle types of mathematical and computational models used in engineering and science. Readers will discover that this axiomatic approach not only enables them to systematically construct effective models, it also enables them to apply these models to any macroscopic physical system. Mathematical Modeling in Science and Engineering focuses on models in which the processes to be modeled are expressed as systems of partial differential equations. It begins with an introductory discussion of the axiomatic formulation of basic models, setting the foundation for further topics such as: Mechanics of classical and non-classical continuous systems Solute transport by a free fluid Flow of a fluid in a porous medium Multiphase systems Enhanced oil recovery Fluid mechanics Throughout the text, diagrams are provided to help readers visualize and better understand complex mathematical concepts. A set of exercises at the end of each chapter enables readers to put their new modeling skills into practice. There is also a bibliography in each chapter to facilitate further investigation of individual topics. Mathematical Modeling in Science and Engineering is ideal for both students and professionals across the many disciplines of science and engineering that depend on mathematical and computational modeling to predict and understand complex systems.

This authoritative book examines British policy in the Middle East, focusing on how Britain’s response to 9/11 – particularly the decision to join the US invasion of Iraq – has affected its role and relations in the region. Establishes what was ‘new’ about the New Labour approach and policies towards the Middle East and what changed as a result of 9/11 and the ‘war on terror’ Analyses in detail how the Blair government handled the Iraq crisis, invasion and fallout, including developments in relations with Iran Documents Britain’s ‘niche’ role in the Middle East peace process. Argues that arms sales, trade and finance bind Britain to the Arab Gulf states Traces Britain ’s involvement in US–regional security arrangements