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The 21st Century economy--a Beginner's Guideby Randy Charles Epping
Synopses & Reviews
A comprehensive guide to understanding today's global economy from the author of the bestselling A Beginner's Guide to the World Economy.
While reporting on today's world, business and mainstream media alike use terms and mention trends that even the savviest consumer may find baffling. In his latest book, Randy Charles Epping uses compelling narratives and insightful analogies to clearly and concisely explain the rapidly changing way business is done in the twenty-first century, without a single chart or graph.
Epping defines key ideas and commonly used words and phrases like:
• Carbon footprint
• Economy of scale
Epping also illustrates how central banks help navigate global crises and drive the global economy, discusses the benefits of Green Economics, shows how trade wars can be avoided, and explains the virtual economy, where multimillion dollar transactions take place in the blink of an eye.
Complete with 89 easy-to-master tools for surviving and thriving in the new global marketplace and an extensive glossary, The 21st Century Economy—A Beginner's Guide is essential reading for anyone interested in understanding the complex economy of the world in which we live.
With recent economic turmoil monopolizing the headlines, it has become more important than ever to understand fundamental economic terms and concepts.
About the Author
\Randy Charles Epping, based in Zurich, Switzerland and So Paulo, Brazil, has worked in International Finance for over 25 years, holding management positions in European and American investment banks in London, Geneva, and Zurich. He has a master's degree in International Relations from Yale University, in addition to degrees from the University of Notre Dame and the University of Paris-La Sorbonne. He is currently the manager of IFS Project Management AG, a Switzerland-based international consulting company. He is also the president of the Central Europe Foundation, which provides assistance to students and economic organizations in Central and Eastern Europe. In addition to several other books on the world economy, he has written a novel, Trust, a financial thriller based in Zurich and Budapest. Mr. Epping holds dual U.S. and Swiss citizenship and is fluent in six languages: English, French, German, Italian, Portuguese, and Spanish.
Table of Contents
What is the fusion economy? — What is macroeconomics? — Central banks and global crisis-- who really controls the global economy? — Free trade or isolationism-- How can trade wars be avoided in the 21st century? — Money, money, money-- how do currencies work in the new global economy? — Rage against the machine-- why the big fuss over globalization? — What is the virtual economy? — Getting our share-- how to we invest in the new global economy? — Winners and losers-- how do we compare investments in the 21st century economy? — Private equity and public good-- who really controls the companies of the world? — Corporate governance and corporate greed-- how are businesses managed in the 21st century economy? — Hedge funds and derivative traders-- the wild cards of the new global economy? — Income gaps and development-- what can be done to eliminate poverty in the 21st century? — What is the best economic system for the 21st century? — Outsourcing and immigration-- how have demographics transformed the world economy? — What is the green economy? — Health, development, and global pandemics-- how has public health become a major factor in the global economy? — Epilogue.
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