Thursday, December 09, 2004

Globalization and Its Discontents
Author:Joseph E. Stiglitz

The book that will get you marching mad
Our world is changing. Globalization is not working. It is hurting those it was meant to help. And now, the tide is turning.

Explosive and shocking, Globalization and Its Discontents is the bestselling exposé of the all-powerful organizations that control our lives - from the man who has seen them at work first hand.

As Chief Economist at the World Bank, Nobel Prize-winner Joseph Stiglitz had a unique insider’s view into the management of globalization. Now he speaks out against it: how the IMF and WTO preach fair trade yet impose crippling economic policies on developing nations; how free market ‘shock therapy’ made millions in East Asia and Russia worse off than they were before; and how the West has driven the global agenda to further its own financial interests.

Globalization can still be a force for good, Stiglitz argues. But the balance of power has to change. Here he offers real, tough solutions for the future.


Chinese Yuam (Renminbi) Derivative Products
Author:Peter G Zhang

With the CNY revaluation perspectives, hundreds of billions of US dollars have been invested in various types of CNY-related derivative products. As a derivatives specialist with more than ten years' experience in the international financial market and with a working experience in China in the past few years, the author offers a volume on trading and other practical issues of CNY- related derivative products in the offshore marketplace.

Crunch Time for Credit?
Author:Edward Chancellor

Economic historian and consultant Edward Chancellor’s in-depth study of the growing credit bubble in the US and UK economies. Required reading for any professional firm operating in the financial markets.