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2000 - 2008/2009
Brookings Trade Forum provides comprehensive analysis on current and emerging issues of international trade and macroeconomics. Practitioners and academics contribute to each volume, with papers that provide an in-depth look at a particular topic.
2000 - 2004
Brookings-Wharton Papers on Financial Services, an annual series from the Brookings Institution and the Financial Institutions Center at the Wharton School, provides timely and insightful analyses of the financial services industry.
2000 - 2009
Designed to reach a wide audience of scholars and policymakers, Brookings-Wharton Papers on Urban Affairs provides accessible research on urban areas and issues, including studies on urban sprawl, crime, taxes, education, poverty, and related subjects.
Merchants, Capital, and the Remaking of Natchez, 1865–1914
Builders of a New South describes how, between 1865 and 1914, ten Natchez mercantile families emerged as leading purveyors in the wholesale plantation supply and cotton handling business, and soon became a dominant force in the social and economic Reconstruction of the Natchez District. They were able to take advantage of postwar conditions in Natchez to gain mercantile prominence by supplying planters and black sharecroppers in the plantation supply and cotton buying business. They parlayed this initial success into cotton plantation ownership and became important local businessmen in Natchez, participating in many civic improvements and politics that shaped the district into the twentieth century.This book digs deep in countless records (including census, tax, property, and probate, as well as thousands of chattel mortgage contracts) to explore how these traders functioned as entrepreneurs in the aftermath of the Civil War, examining closely their role as furnishing merchants and land speculators, as well as their relations with the area's planters and freed black population. Their use of favorable laws protecting them as creditors, along with a solid community base that was civic-minded and culturally intact, greatly assisted them in their success. These families prospered partly because of their good business practices, and partly because local whites and blacks embraced them as useful agents in the emerging new marketplace. The situation created by the aftermath of the war and emancipation provided an ideal circumstance for the merchant families, and in the end, they played a key role in the district's economic survival and were the prime modernizers of Natchez.
Perspectives from Ecological Economics
The first decade of the twenty-first century has been characterized by a growing global awareness of the tremendous strains that human economic activity place on natural resources and the environment. As the world’s population increases, so does the demand for energy, food, and other resources, which adds to existing stresses on ecosystems, with potentially disastrous consequences. Humanity is at a crossroads in our pathway to future prosperity, and our next steps will impact our long-term sustainability immensely. In this timely volume, leading ecological economics scholars offer a variety of perspectives on building a green economy. Grounded in a critique of conventional thinking about unrestrained economic expansion and the costs of environmental degradation, this book presents a roadmap for an economy that prioritizes human welfare over consumerism and growth. As the authors represented here demonstrate, the objective of ecological economics is to address contemporary problems and achieve long-term socioeconomic well-being without undermining the capacity of the ecosphere. The volume is organized around three sections: “Perspectives on a Green Economy,” “Historical and Theoretical Perspectives,” and “Applications and Practice.” A rich resource in its own right, Building a Green Economy contains the most innovative thinking in ecological economics at a critical time in the reexamination of the human relationship with the natural world.
Creating Wealth in Low-Income Communities
Poor people spend their money living day to day. How can they accumulate wealth? In the United States, homeownership is often the answer. Homes not only provide shelter but also are assets, and thus a means to create equity. Mortgage credit becomes a crucial factor. More Americans than ever now have some access to credit. However. thanks in large part to the growth of global capital markets and greater use of "credit scores," not all homeowners have benefited equally from the opened spigots. Different terms and conditions mean that some applicants are overpaying for mortgage credit, while some are getting in over their heads. And the door is left wide open for predatory lenders. In this important new volume, accomplished analysts examine the situation, illustrate its ramifications, and recommend steps to improve it. Today, low-income Americans have more access to credit than ever before. The challenge is to increase the chances that homeownership becomes the new pathway to asset-building that everyone hopes it will be.
A Framework for Financial Access
Broad-based and inclusive financial systems significantly raise growth, alleviate poverty, and expand economic opportunity. Households, small enterprises, and the rural poor often have difficulty obtaining financial services for a multitude of reasons, including transaction costs, perceived risk, inadequate infrastructure, and information barriers. Yet many financial institutions are now making profitable inroads into underserved markets through formal banking, investment in equities, venture capital, postal banks, and microfinance. Access to Finance addresses the challenges of making financial systems more inclusive, emulating successful ventures in new markets, and utilizing technologies and government policies to support the expansion of financial access. The contributors examine many dimensions of financial access, including: Measuring financial access Understanding the impact of expanded access Examining alternative institutional models Exploring new technologies and information infrastructure Evaluating government policies toward outreach.
Constructing Hong Kong Through the Ages
Hong Kong is one of the most spectacular cities in the world. It has been built in a very short time. Its builders have achieved remarkable results but their contribution had not been documented. The Hong Kong Construction Association decided to correct this omission and commissioned this book to mark its 70th Anniversary.
Growth and Crisis under Capitalism
Are the recurring recessions of the capitalist world merely short-term adjustments to changing economic circumstances in a system that tends, in general, toward equilibrium? In this accessible study of the business cycle, Howard Sherman makes a powerful case that recessions and painful involuntary unemployment are endogenous to capitalism. Drawing especially on the work of Wesley Clair Mitchell, Karl Marx, and John M. Keynes, Sherman explains why the nature of the business cycle produces serious economic loss and misery during its contraction phase, just as it produces growth in its expansion phase.
Originally published in 1992.
The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Liu Hongsheng and His Enterprises, 1920-1937
This book examines the relationship between business expansion and the structure of business in pre-war China through a careful and pioneering study of the enterprises of Liu Hongsheng during the 1920s and 1930s