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Format: 1 Online-Ressource (vii, 203 pages) , diagrams, maps

ISBN: 9781849806770

Series Statement: Edward Elgar E-Book Archive

Content: 1. Introduction -- 2. Ecological-economic concepts -- 3. A quantitative ecological-economic assessment approach. -- 4. Modelling the efficiency and sustainability of forest management -- 5. Case study : eutrophication control in the De Wieden wetland, The Netherlands -- 6. Case study : rangeland management in the Ferlo, Senegal -- 7. Applying the framework in support of environmental management.

Content: "Demonstrates how the concepts of economic efficiency, sustainability and equity can be applied in ecosystem management. The book presents an overview of these three concepts, a framework for their analysis and modelling, and three case studies. Specific attention is given to how complex ecosystem dynamics, such as thresholds or irreversible responses, influence ecosystem management options. The case studies focus on ecosystem dynamics and ecosystem services supply in a forest ecosystem, a Dutch wetland, and a rangeland in the Western Sahel. Integrating ecology and economics, this informative book will appeal to postgraduate students in environmental sciences and environmental economics as well as ecosystem managers."--P. [4] of cover

Additional Edition: ISBN 9781848440654

Additional Edition: Erscheint auch als Druck-Ausgabe Hein, Lars Economics and ecosystems Cheltenham [u.a.] : Elgar, 2010 ISBN 9781848440654

Additional Edition: ISBN 1848440650

Language: English

Subjects: Economics

Keywords: Ökosystemmanagement ; Umweltökonomie

DOI: 10.4337/9781849806770

URL: Volltext  (Deutschlandweit zugänglich)

URL: Deutschlandweit zugänglich

URL: Inhaltsverzeichnis

URL: FULL  ((Currently Only Available on Campus))

UID:

Format: 1 online resource (278 pages)

Edition: 1st ed.

ISBN: 9780415369688 , 9780203643099

Content: Examining the current conditions before looking back to the events of the last century, this volume covers the Great Depression, the 1970s oil crisis, the party-for-the-rich atmosphere of the 1980's and the emergence of the new economy

Note: Book Cover -- Half-Title -- Title -- Copyright -- Contents -- Figures -- Tables -- Foreword -- Acknowledgements -- Introduction -- Why the stock bubble? -- From one bubble to another? -- A unique set of circumstances? -- How absurd were valuations? -- Why did investors ignore warning signals? -- Why did the stock bubble burst? -- Why did Greenspan ignore 'irrational exuberance? -- Greenspan and the markets -- How costly was corporate governance failure? -- The Fed's enemy: inflation or deflation? -- What are the lessons from the 1929 bubble? -- Japan's mess and deflation: what can the United States learn? -- The massive policy push: powerful enough to create sustainable growth? -- How fragile is the US recovery? -- Where from here? -- A bull or bear market rally? -- 1 The bubble era in US stocks -- Introduction -- Origins of the bubble -- Why the stock bubble? -- Stocks versus bonds -- Absurd valuations -- The bubble: geopolitical forces at work? -- The bubble: underwritten by a stable bond market? -- Debt, savings and switching -- Warning signals: why not switch? -- What of corporate earnings? -- Similarities with 1929 -- Where from here? -- Conclusion -- 2 The great bull run of the 1990s -- Introduction -- Macroeconomic background -- The policy paradigm -- Dip and recovery: 1990-1 -- The roaring Dow: 1992-3 -- The policy-induced correction: 1994-5 -- Up, up and away: 1996-7 -- Correction and a major recovery: 1998-2000 -- A real bubble? -- Financial perspectives -- Conclusion -- 3 Valuation methods and investment strategies -- Introduction -- Portfolio choice -- Diversification and risk -- News: economic or financial? -- Market efficiency -- Investing over the life cycle -- The fundamentals approach -- The contrarian strategy -- Serial correlation and mean reversion -- Investment strategies -- Financial fragility , Expectations, trading and timing -- Conclusion -- 4 The bubble era -- Introduction -- Biases in the one-way street -- Where were the arbitragers? -- Old benchmarks and turning points -- Was it a speculative bubble? -- The 'New' new economy -- The 1990s: a deviation from fundamentals -- Wealth storage and far-sightedness -- Greenspan's defense of the NASDAQ bubble -- Domestic origins of the boom -- Conclusion -- 5 The new economy -- Introduction -- Productivity growth and the stock market -- A rational bubble? -- Old questions and old answers -- The productivity slow down debate -- Sources of productivity growth -- The IT and communications revolution -- IT and communications: drivers of productivity growth? -- US government and productivity growth -- Productivity growth: how permanent? -- Productivity and the stock bubble -- Conclusion -- 6 Governance issues -- Introduction -- Market versus government failure -- Incentives and trade-offs -- What are the challenging issues? -- Wall Street in the 1960s: fresh challenges -- Past pressure for regulation -- The case of Enron -- A dangerous incentive structure? -- Regulatory reform and the Sarbanes-Oxley Act -- Conclusion -- 7 The Federal Reserve -- Introduction -- Ultimate objectives and trade-offs -- The yield curve -- The government environment -- America's economic cruise speed: what guideposts? -- Diagnosis of imbalances -- Hitting targets: what policy mix? -- What economic indicators? -- Critics of the 'Wrong Paradigm' -- Canterbery's Vatican paradigm -- Reputation and credibility of the Federal Reserve -- The caterpillar market and fear of the Fed -- Confessions of a central banker -- Is the Fed secretive? -- Conclusion -- 8 Shifting ground beneath the Federal Reserve -- Introduction -- Deregulation of the financial sector -- Financial product innovation -- Technology and innovation , Financial origins of the bubble -- Corporate sector leverage before the crisis -- The roller-coaster of speculation -- Crony capitalism and accelerated development -- Financial sector failure: the fading heartbeat -- Erosion of competitiveness -- Foreign forces -- Excess liquidity revisited -- Why did the bubble burst? -- The Asian crisis: why so sudden? -- Stock market performances: post bubble -- Conclusion -- 13 US stock markets -- Introduction -- From one bubble to another? -- What of currency instability? -- The liberation of Iraq -- Geopolitical forces -- Synchronization and integrated markets -- Why the US stock rally? -- The powerful policy stimulus -- The US economic recovery: where from here? -- Lessons from the movie: Wall Street -- Conclusion -- Bibliography -- Index , The effectiveness of monetary policy -- Target interest rates or monetary aggregates? -- Does money affect output? -- Channels of the monetary transmission mechanism -- Does money affect stock prices? -- Interest rates: how effective on output? -- Interest rates: what affect on stocks? -- Conclusion -- 9 Evaluating the Greenspan years: 1987-2004? -- Introduction -- Greenspan's background -- Greenspan's economic philosophy -- Greenspan and the markets -- Sifting wheat from the chaff -- Power to move the economy? -- Mistakes in the Greenspan era? -- Greenspan's two flagships -- Flexibility: Greenspan's hallmark -- Conclusion -- 10 The great asset price bubble of 1929 -- Introduction -- Seeds of the bust in the 1920s -- Damage to the real economy -- Causes of the 1929 crash and depression -- The Keynesian view -- The Galbraith-Kindleberger view -- The monetarist view -- Financial sector disintermediation and balance sheets -- Goods price deflation -- Asset price deflation -- What were the triggers? -- What lessons have we learnt? -- Could history repeat itself? -- Conclusion -- 11 Lessons from Japan's financial crisis -- Introduction -- Japan's old growth strategy -- Weaknesses and seeds of destruction -- Macroeconomic challenges -- Policy levers -- Why the asset price bubble? -- Financial not economic constraints -- Japan's asset price bubble: liquidity roots? -- What of the export growth strategy? -- Monetary policy failure -- Monetary transmission mechanism: clogged pipes? -- Fiscal policy failure -- Krugman's insight -- Japan's policy response: why so ineffective? -- Lessons from Japan's financial crisis -- A multi-pronged approach to recovery -- Flow on effects from Krugman's solution -- An appropriate policy response -- Lessons from Japan's stagnation -- Conclusion -- 12 The Asian bubble and crisis -- Introduction -- Some commonalities

Additional Edition: Print version Western, David L. Booms, Bubbles and Busts in US Stock Markets Oxford : Taylor & Francis Group,c2004 ISBN 9780415369688

Language: English

Keywords: Electronic books

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