Service Alert
Website maintenance April 24 10pm ET
On Wednesday April 24 at 10pm ET the CELA website will be unavailable for about 15 minutes for planned maintenance.
On Wednesday April 24 at 10pm ET the CELA website will be unavailable for about 15 minutes for planned maintenance.
Showing 1 - 20 of 16368 items
By Stanley L. Engerman, Jacob Metzer. 2004
By Gargi Sanati. 2024
This book bridges the existing gap between the theory and practices related to international finance. It discusses banking theories and…
operational procedures relating to the methods of payment with special reference to Letters of credit (LCs), like revolving LCs, back-to-back LCs, transferable LCs, and standby LCs, with specific applications of documentary discrepancies. Moreover, this book discusses merchanting trade, buyers’ credit and supplier’s credit, and bank guarantees with many practical caselets, linked to the applications of the International Chamber of Commerce (ICC) and other regulatory rules. It also examines the various roles of banks in financing international trade which are extensively discussed through several cases.This volume: Explains in-depth the intricacies and discrepancies relating to the documentation involved in international trade Presents in detail the various steps of executing an export or import deal, right from signing of the contract, managing pre-shipment credit, and booking a forward contract to hedge the exchange rate risk till the closing of the deal Gives a comprehensive account of all trade finance products with processes and procedures, rules, and regulations, and risks and mitigates Discusses the application of ICC rules through detailed case-lets, which helps an exporter take necessary actions when the payment is denied by a party overseas, or how an importer can simply deny the payment if there is documentary noncompliance Scrutinises different types of forex transactions, the regulatory framework within which they take place, and the associated risks and solutions Attempts to resolve the existing disparity in the understanding and interpretation of regulatory guidelines and the practices adopted by banks and corporate houses in implementing them. Accessibly written, this book will be useful to students, researchers, and teachers from the fields of management, business studies, international trade and treasury operations, finance, international banking, trade and commerce, and economics. This will also be an invaluable companion to the professionals working in export–import businesses, foreign exchange businesses, treasury front-office and back-office operations, bureaucrats, and public policymakers.By Joseph E. Stiglitz. 2024
From one of the world’s leading economists, a compelling new vision of personal and economic freedom. We are a nation…
born from the conviction that people must be free. But since the middle of the last century, that idea has been co-opted. Forces on the political Right have justified exploitation by cloaking it in the rhetoric of freedom, leading to pharmaceutical companies freely overcharging for medication, a Big Tech free from oversight, politicians free to incite rebellion, corporations free to pollute, and more. How did we get here? Whose freedom are we—and should we—be thinking about? In The Road to Freedom, Nobel prize winner Joseph E. Stiglitz dissects America’s current economic system and the political ideology that created it, laying bare their twinned failure. “Free” and unfettered markets have only succeeded in delivering a series of crises: the financial crisis, the opioid crisis, and the crisis of inequality. While a small portion of the population has amassed considerable wealth, wages for most people have stagnated. Free and unfettered markets have exploited consumers, workers, and the environment alike. Such failures have fed populist movements that believe being free means abandoning any obligations citizens have to one another. As they grow in strength, these movements now pose a real threat to true economic and political freedom. As an economic advisor to presidents and as chief economist at the World Bank, Stiglitz has witnessed these profound changes firsthand. As he argues, the failures follow from the elites’ unshakeable dedication to “the neoliberal experiment.” Explicitly taking on giants such as Friedrich Hayek and Milton Friedman, Stiglitz exposes accepted ideas about our political and economic life for what they are: twisted visions that tear at the social fabric while they enrich the very few. The Road to Freedom breaks new ground, showing how economics—including recent advances in which Stiglitz has played such an important role—reframes how to think about freedom and the role of the state in a twenty-first century society. Drawing on the work of contemporary philosophers, Stiglitz explains a deeper, more humane way to assess freedoms—one that considers with care what to do when one person’s freedom conflicts with another’s. We must reimagine our existing economic and legal systems and embrace forms of collective action, including regulation and investment, if we are to create an innovative society in which everyone can flourish. The task could not be more urgent, and Stiglitz’s latest book is essential reading for those committed to the American ideal of an economic and political system that delivers well-being, opportunity, and meaningful freedoms for all.By Caroline Cheung. 2024
The story of the Roman Empire’s enormous wine industry told through the remarkable ceramic storage and shipping containers that made…
it possibleThe average resident of ancient Rome drank two-hundred-and-fifty liters of wine a year, almost a bottle a day, and the total annual volume of wine consumed in the imperial capital would have overflowed the Pantheon. But Rome was too densely developed and populated to produce its own food, let alone wine. How were the Romans able to get so much wine? The key was the dolium—the ancient world’s largest type of ceramic wine and food storage and shipping container, some of which could hold as much as two-thousand liters. In Dolia, classicist and archaeologist Caroline Cheung tells the story of these vessels—from their emergence and evolution to their major impact on trade and their eventual disappearance.Drawing on new archaeological discoveries and unpublished material, Dolia uncovers the industrial and technological developments, the wide variety of workers and skills, and the investments behind the Roman wine trade. As the trade expanded, potters developed new techniques to build large, standardized dolia for bulk fermentation, storage, and shipment. Dolia not only determined the quantity of wine produced but also influenced its quality, becoming the backbone of the trade. As dolia swept across the Mediterranean and brought wine from the far reaches of the empire to the capital’s doorstep, these vessels also drove economic growth—from rural vineyards and ceramic workshops to the wine shops of Rome.Placing these unique containers at the center of the story, Dolia is a groundbreaking account of the Roman Empire’s Mediterranean-wide wine industry.By Bruce Hansen. 2022
Econometrics is the quantitative language of economic theory, analysis, and empirical work, and it has become a cornerstone of graduate…
economics programs. Econometrics provides graduate and PhD students with an essential introduction to this foundational subject in economics and serves as an invaluable reference for researchers and practitioners. This comprehensive textbook teaches fundamental concepts, emphasizes modern, real-world applications, and gives students an intuitive understanding of econometrics. Covers the full breadth of econometric theory and methods with mathematical rigor while emphasizing intuitive explanations that are accessible to students of all backgrounds Draws on integrated, research-level datasets, provided on an accompanying website Discusses linear econometrics, time series, panel data, nonparametric methods, nonlinear econometric models, and modern machine learning Features hundreds of exercises that enable students to learn by doing Includes in-depth appendices on matrix algebra and useful inequalities and a wealth of real-world examples Can serve as a core textbook for a first-year PhD course in econometrics and as a follow-up to Bruce E. Hansen’s Probability and Statistics for EconomistsBy Neil Oliver. 2018
"Everyone should have two copies - one for the car and one for the house to plan journeys. . .…
a reminder to think more about the places you pass and less about your route, because every British journey is through rich history." (Edward Stourton)From much-loved historian Neil Oliver, comes this beautifully written, kaleidoscopic history of a place with a story like no other.The British Isles, this archipelago of islands, is to Neil Oliver the best place in the world. From north to south, east to west it cradles astonishing beauty. The human story here is a million years old, and counting. But the tolerant, easygoing peace we enjoy has been hard won. We have made and known the best and worst of times. We have been hero and villain and all else in between, and we have learned some lessons.The Story of the British Isles in 100 Places is Neil’s very personal account of what makes these islands so special, told through the places that have witnessed the unfolding of our history. Beginning with footprints made in the sand by humankind’s earliest ancestors, he takes us via Romans and Vikings, the flowering of religion, through civil war, industrial revolution and two world wars. From windswept headlands to battlefields, ancient trees to magnificent cathedrals, each of his destinations is a place where, somehow, the spirit of the past seems to linger.International relations since the end of the Cold War have been relatively uneasy, yet we should not discount the fact…
that the intensity of conflicts has decreased compared to the situation in both the first and second halves of the 20th century. This book explores international security relations as the pandemic subsides and the war in Ukraine escalates, offering a good description of the main actors and the background of current threats.It lays the theoretical foundations for security economics, analyses U.S. foreign policy, introduces China as a new superpower and signals Russia as a great power in decline. It concludes by pointing out the pitfalls of exporting democracy and presenting the paradox of progress. The author asserts that we should not be alarmed that international relations are shifting. Following the Cold War, the U.S. achieved clear strategic and economic superiority, however, China, Russia, India and other great powers remain strong players that must be taken seriously.The book shows that asymmetric warfare often ends with the weaker side winning and the stronger one losing and being discredited. Different examples of this outcome include the American War in Vietnam (1965-73), the Soviet Union's defeat in Afghanistan (1979-1990), and the U.S. getting mired in the wars of Afghanistan and Iraq. The war in Ukraine is a demonstration of the illusion of an imperial power that believes it can impose its will on other nations, even against their will.The book will be a useful resource for academics, students and researchers, as well as policymakers and professionals interested in issues related to international security and defense.By Frances F. Berdan. 2023
The Aztec Economy provides a synthesis and updated examination of the Aztec economy (1325–1521 AD). It is organized around seven…
components that recur with other Elements in this series: historic and geographic background, domestic economy, institutional economy, specialization, forms of distribution and commercialization, economic development, and future directions. The Aztec world was complex, hierarchical, and multifaceted, and was in a constant state of demographic growth, recoveries from natural disasters, political alignments and realignments, and aggressive military engagements. The economy was likewise complex and dynamic, and characterized by intensive agriculture, exploitation of non-agricultural resources, utilitarian and luxury manufacturing, wide-scale specialization, merchants, markets, commodity monies, and tribute systems.By Deborah Barsky. 2023
This book provides a concise overview of human prehistory. It shows how an understanding of the distant past offers new…
perspectives on present-day challenges facing our species - and how we can build a sustainable future for all life on planet Earth. Deborah Barsky tells a fascinating story of the long-term evolution of human culture and provides up-to-date examples from the archaeological record to illustrate the different phases of human history. Barsky also presents a refreshing and original analysis about issues plaguing modern globalized society, such as racism, institutionalized religion, the digital revolution, human migrations, terrorism, and war. Written in an accessible and engaging style, Human Prehistory is aimed at an introductory-level audience. Students will acquire a comprehensive understanding of the interdisciplinary, scientific study of human prehistory, as well as the theoretical interpretations of human evolutionary processes that are used in contemporary archaeological practice. Definitions, tables, and illustrations accompany the text.By Eric H. Cline. 2024
In this gripping sequel to his bestselling 1177 B.C., Eric Cline tells the story of what happened after the Bronze…
Age collapsed—why some civilizations endured, why some gave way to new ones, and why some disappeared forever&“A landmark book: lucid, deep, and insightful. . . . You cannot understand human civilization and self-organization without studying what happened on, before, and after 1177 B.C.&”—Nassim Nicholas Taleb, bestselling author of The Black SwanAt the end of the acclaimed history 1177 B.C., many of the Late Bronze Age civilizations of the Aegean and Eastern Mediterranean lay in ruins, undone by invasion, revolt, natural disasters, famine, and the demise of international trade. An interconnected world that had boasted major empires and societies, relative peace, robust commerce, and monumental architecture was lost and the so-called First Dark Age had begun. Now, in After 1177 B.C., Eric Cline tells the compelling story of what happened next, over four centuries, across the Aegean and Eastern Mediterranean world. It is a story of resilience, transformation, and success, as well as failures, in an age of chaos and reconfiguration.After 1177 B.C. tells how the collapse of powerful Late Bronze Age civilizations created new circumstances to which people and societies had to adapt. Those that failed to adjust disappeared from the world stage, while others transformed themselves, resulting in a new world order that included Phoenicians, Philistines, Israelites, Neo-Hittites, Neo-Assyrians, and Neo-Babylonians. Taking the story up to the resurgence of Greece marked by the first Olympic Games in 776 B.C., the book also describes how world-changing innovations such as the use of iron and the alphabet emerged amid the chaos.Filled with lessons for today's world about why some societies survive massive shocks while others do not, After 1177 B.C. reveals why this period, far from being the First Dark Age, was a new age with new inventions and new opportunities.By Christopher Adair-Toteff. 2024
This book illuminates the work of Werner Sombart, a key contemporary of Max Weber, showing how his writing and thinking…
laid the groundwork for concepts of modern capitalism. Although the notion of the ‘spirit’ of modern capitalism is most associated with Weber, it was Sombart who first used this phrase, with Weber focusing mainly on socioeconomics while Sombart continued to develop his ideas around modern capitalism. This book critically analyses Sombart’s groundbreaking work, “Der moderne Kapitalismus” among his other writings to demonstrate how they may be read as a complementary alternative to Weber, providing a more detailed, sustained, and a comprehensive account of the genesis and nature of modern capitalism. This book will be of interest to a scholarly audience including students and researchers of the history of economic thought, as well as areas of sociology, politics, and political economy.Non-Fungible Tokens (NFTs) have blossomed into an area of immense cultural, investment, and academic interest, and this groundswell of fascination…
with non-fungible digital tokenization has been accompanied by a variety of attitudes towards their function, purpose, and potential. Some advocates perceive NFTs to be revolutionary in character, reshaping notions of the construction and preservation of unique assets in the digital realm. At the same time, a notable number of skeptics and detractors view the NFT movement as a passing and overhyped fad at best, and a disingenuous ploy in the digital economy at its worst. Given the diversity of views that have emerged in a comparatively brief span, this book draws upon rich academic perspectives on NFTs from a variety of disciplines, including: computer science, cultural studies, mathematics, sociology, linguistics, mass communication, economics, and finance.The book teases out nuances in how NFTs can and should operate, while also pointing to the potential that these non-fungible assets wield in the digital sphere, along with countervailing arguments against their conceptual and functional salience, and perhaps some dangers that they pose. The book considers the longevity and viability of NFTs as sociocultural, technological, and economic phenomenon, while offering estimates of future paths that NFTs might take in each domain and weighs the opposing narratives and strikes balanced assessments of the legal, cultural, technological, economic, and political role of NFTs in modern society.With its panoramic display of analysis on NFTs, the book will be of particular interest to scholars and researchers across a wide number of subjects.By Will Hutton. 1986
Will Hutton argues that Keynesian revolution has yet to take place. Economists, he finds, have not yet come to terms…
with the heart of Keynes' argument: that there are limits to what prices can do in a market economy. But referring closely to Keynes' writings, Hutton demonstrates that Keynes was concerned to show how the financial sector of the economy originated and how it reinforced the incapacities of the market economy.Post-war Keynesianism, Will Hutton concludes, has overstressed the role of fiscal policy in programmes of Keynesian economic management: it is but one element in a larger policy of financial and momentary leverage aimed at leaning against these market incapacities. By insisting that government intervention is a prerequisite to the proper functioning of the market, Keynesianism in effect becomes a political philosophy challenging the entire panoply of economic and political liberalism. As such it may require important changes in the structure of government if it is to be implemented successfully.By Richard Emerson. 2007
Do you know the difference between 'Use by' and 'Best before'? Or what is meant by 'Farmhouse' or 'Home-made'? And…
did you know that 75% of the salt we consume each day is added by food manufacturers during preparation or processing?Read the Label! is a must-have reference book that exposes the reality of food labelling and provides comprehensive information on how food manufacturers can manipulate the facts. With an in-depth examination of the common ingredients found in our foods, information on how far you can trust the food label and clear guidance on how to make an informed decision about the products you buy, this book will change the way you shop forever.By Commission For Africa. 2005
'The Commission for Africa finds the conditions of the lives of the majority of Africans to be intolerable and an…
affront to the dignity of all mankind. We insist upon an alteration of these conditions through a change of policy in favour of the weak.'The report of the Commission for Africa is the most important document of our time. Created by major decision-makers from across the globe, it is a call to action for the nations meeting at the 2005 G8 summit to end extreme poverty in the world's most desperate continent. This book sets out clearly the arguments and recommendations of the Commission's plan for a strong, prosperous Africa. 'The Africa Commission is a masterful display of diagnosis and politics' Jeffrey Sachs, Guardian'If we act on these recommendations, there is a good chance of a better life for hundreds of millions' Financial Times'This report will be an important contribution to the continuing search for effective solutions to the continent's problems' Kofi AnnanBy David Rowan. 2021
*updated with new material*'Digital transformation' and 'disruptive innovation' used to be empty buzzwords serving to justify pointless box-ticking and absurd…
corporate posturing. And then a global pandemic suddenly forced every kind of organization to embrace genuine, urgent innovation as a matter of survival. But how can we ensure that the non-bullshit version of innovation delivers economic recovery at this crucial moment? Are there strategies we can all adapt from the world's most creative leaders to innovate effectively in our own lives?David Rowan, founding editor-in-chief of WIRED UK, embarked on a twenty country quest to find out. Packed full of tips for anyone looking for radical ways to adapt and thrive in the digital age, this carefully curated selection of stories will prepare you for whatever the future may bring - because the world will never move this slowly again.___________________________'In this remarkable book, David Rowan tells a story of transformation: how an organisation has found a new way of doing things through innovation driven by ruthless entrepreneurial imagination. What is especially useful is that he does not just stick with small startups, let alone dreamy "inventors". He finds innovation in big companies and even within governments.' - Matt Ridley, The TimesBy Ogochukwu Monye. 2023
This book explores the various considerations for achieving an effective regulatory strategy to improve financial access and usage in Nigeria…
and beyond. Gaps in the legal and institutional framework for digital financial services (DFS) as well as the barriers that contribute to financial exclusion are identified as are the policy changes needed to provide more extensive, accessible and sustainable financial inclusion value. In addition, the book covers divergent themes around the use of and insights for regulating industry financial services providers and challenger entities that herald industry disruption. The book adopts three research methods. The doctrinal research method is used to buttress the law and development analysis and the themes around regulation, adoption and usage of financial services. To elucidate the application of financial innovations, comparative case studies are drawn from selected jurisdictions including Kenya, South Africa, Ghana, The Philippines, Brazil, Mexico, Uganda, Pakistan, India, and Bangladesh. Lastly, using the empirical research method, the author reports the burden experienced by the residents of a community without banks in accessing finance. Included in this discussion are the barriers to finance as well as the coping strategies adopted by the community residents to access formal and informal finance.By Philip Coggan. 2015
What happens in the City has never affected us moreIn this excellent guide, now fully revised and updated, leading financial…
journalist Philip Coggan cuts through the headlines, the scandals and the jargon to explain the nuts and bolts of the financial system.What causes the pound to rise or interest rates to fall? Which are the institutions that really matter? Why is it we need the Money Machine - and what happens when it crashes? Coggan provides clear and concise answers and shows why we should all be more familiar with a system we so intimately depend upon.By Jonathan Aldred. 2019
'It is going to change the way in which we understand many modern debates about economics, politics, and society' Ha…
Joon Chang, author of 23 Things They Don't Tell You About CapitalismOver the past fifty years, the way we value what is 'good' and 'right' has changed dramatically. Behaviour that to our grandparents' generation might have seemed stupid, harmful or simply wicked now seems rational, natural, woven into the very logic of things. And, asserts Jonathan Aldred in this revelatory new book, it's economics that's to blame.Licence to be Bad tells the story of how a group of economics theorists changed our world, and how a handful of key ideas, from free-riding to Nudge, seeped into our decision-making and, indeed, almost all aspects of our lives. Aldred reveals the extraordinary hold of economics on our morals and values. Economics has corrupted us. But if this hidden transformation is so recent, it can be reversed. Licence to be Bad shows us where to begin.By Jason Hickel. 2020
'A powerfully disruptive book for disrupted times ... If you're looking for transformative ideas, this book is for you.' KATE…
RAWORTH, economist and author of Doughnut EconomicsA Financial Times Book of the Year______________________________________Our planet is in trouble. But how can we reverse the current crisis and create a sustainable future? The answer is: DEGROWTH.Less is More is the wake-up call we need. By shining a light on ecological breakdown and the system that's causing it, Hickel shows how we can bring our economy back into balance with the living world and build a thriving society for all. This is our chance to change course, but we must act now.______________________________________'A masterpiece... Less is More covers centuries and continents, spans academic disciplines, and connects contemporary and ancient events in a way which cannot be put down until it's finished.' DANNY DORLING, Professor of Geography, University of Oxford'Jason is able to personalise the global and swarm the mind in the way that insects used to in abundance but soon shan't unless we are able to heed his beautifully rendered warning.' RUSSELL BRAND'Jason Hickel shows that recovering the commons and decolonizing nature, cultures, and humanity are necessary conditions for hope of a common future in our common home.' VANDANA SHIVA, author of Making Peace With the Earth'This is a book we have all been waiting for. Jason Hickel dispels ecomodernist fantasies of "green growth". Only degrowth can avoid climate breakdown. The facts are indisputable and they are in this book.' GIORGIS KALLIS, author of Degrowth'Capitalism has robbed us of our ability to even imagine something different; Less is More gives us the ability to not only dream of another world, but also the tools by which we can make that vision real.' ASAD REHMAN, director of War on Want'One of the most important books I have read ... does something extremely rare: it outlines a clear path to a sustainable future for all.' RAOUL MARTINEZ, author of Creating Freedom'Jason Hickel takes us on a profound journey through the last 500 years of capitalism and into the current crisis of ecological collapse. Less is More is required reading for anyone interested in what it means to live in the Anthropocene, and what we can do about it.' ALNOOR LADHA, co-founder of The Rules'Excellent analysis...This book explores not only the systemic flaws but the deeply cultural beliefs that need to be uprooted and replaced.' ADELE WALTON