First Economic Bubble Incident

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  first economic bubble incident: Conquest of Invisible Enemies Jie Jack Li, 2022 COVID-19 reminds us how acutely the virus can impact humanity. In fact, viruses existed long before the emergence of homo sapiens. In this book on the history of antiviral drug discovery, the human aspects are highlighted. In Chapter 1, the author regales us with several episodes where history was shaped by viruses causing smallpox, yellow fever, etc. The fascinating history of the first discovery of virus, tobacco mosaic virus, was also recounted. Chapters 2-5 covered four classes of viruses such as HIV, hepatitis viruses, influenza viruses and coronaviruses. Each chapter begins how the virus was discovered, followed by vaccine development, and then focuses on the discovery of small molecule antiviral drugs. For chemistry aficionados, the end of the book is replete with abundant of bibliography for further understanding of the minutia of the stories, followed by molecular structures of the antiviral drugs. This book is of interest to anyone who wants to know the science behind virus, vaccines and antiviral drugs. It is especially useful for healthcare professionals who are interested in knowing how viruses, vaccines and antiviral drugs are discovered--
  first economic bubble incident: Doing Capitalism in the Innovation Economy William H. Janeway, 2012-10-08 A unique insight into the interaction between the state, financiers and entrepreneurs in the modern innovation economy.
  first economic bubble incident: Famous First Bubbles Peter M. Garber, 2001-08-24 The jargon of economics and finance contains numerous colorful terms for market-asset prices at odds with any reasonable economic explanation. Examples include bubble, tulipmania, chain letter, Ponzi scheme, panic, crash, herding, and irrational exuberance. Although such a term suggests that an event is inexplicably crowd-driven, what it really means, claims Peter Garber, is that we have grasped a near-empty explanation rather than expend the effort to understand the event. In this book Garber offers market-fundamental explanations for the three most famous bubbles: the Dutch Tulipmania (1634-1637), the Mississippi Bubble (1719-1720), and the closely connected South Sea Bubble (1720). He focuses most closely on the Tulipmania because it is the event that most modern observers view as clearly crazy. Comparing the pattern of price declines for initially rare eighteenth-century bulbs to that of seventeenth-century bulbs, he concludes that the extremely high prices for rare bulbs and their rapid decline reflects normal pricing behavior. In the cases of the Mississippi and South Sea Bubbles, he describes the asset markets and financial manipulations involved in these episodes and casts them as market fundamentals.
  first economic bubble incident: Japan in the Age of Globalization Carin Holroyd, Ken Coates, 2012-06-12 The multiple and diverse forces of globalization have, indeed, affected Japan significantly over the past decades. But so, it must be said, has Japan influenced a variety of critical global developments - globalization is not a one-way street, particularly for a nation as economically influential and technologically advanced as Japan. The chapters in this collection examine the impact of globalization on Japan and the impact of Japan on the forces of globalization from the various disciplinary perspectives of business, the economy, politics, technology, culture and society. They also explain the manner in which the nation has responded to the economic and cultural liberalization that has been such a profound force for change around the globe. This comprehensive collected works brings the latest research to bear on this important subject and provides evidence of the long history of global influences on Japan – and Japanese impacts on the rest of the world. This book will be of interest to students and scholars of globalization, Japanese Studies, and Asian Studies.
  first economic bubble incident: It Was Always My Fault Vinicius Capucho, 2021-05-29 Available on Major Platforms: AppleBooks In the second book, I speak more deeply about behavioral, psychological issues. The same individual who only thinks about getting rich (money and material), needs to know himself, understand that his inner emptiness was probably caused by external circumstances based on someone else's life (envy, greed, power). Men are living based on the lives of others, blind to themselves. And I demonstrate this by explaining in a simple way, how the economic cycle can directly interfere with your sadness, emptiness and depression. Series: Purely Behavioral Third Book: The Last Frontier - The Soul's Path A cosmo-vision of Liberty, History and Culture: with a small addition of Art. A butterfly effect! The Symbology from the cover reflects the writing approach. Differences between the old and modern men involving art, money, the parallel with the being dominance. Everything was coming back to the individual's psychological enrichment. I created the perception that, not only money is exact, static, but also its movement flow: body, sould and spirit - it doesn't matter the level. Everything is intrinsically linked with habits and individual actions of the subject, directly influenced by the social environment it lives in. All the living paradigms to be overcome depend exclusively on the psychological and rational reorganization of the involved human.
  first economic bubble incident: The East , 2001
  first economic bubble incident: A History of Japan K. Henshall, 2004-09-17 In a rare combination of comprehensive coverage and sustained critical focus, this book examines Japanese history in its entirety to identify the factors underlying the nation's progression to superpower status. Japan's achievement is explained not merely in economic terms, but at a more fundamental level, as a product of historical patterns of response to circumstance. Japan is shown to be a nation historically impelled by a pragmatic determination to succeed. The book also highlights unresolved questions and little-known facts.
  first economic bubble incident: Global Economic Crisis and Local Economic Development Jason Begley, Dan Coffey, Tom Donnelly, Carole Thornley, 2016-04-14 This book offers a collaborative investigation of the policies and practices which have redeveloped local and national economies in the aftermath of the global economic crisis which erupted in 2008. It explores 'localised' models of economic development, including problems of diversity and balance and the role of firms, industries and clusters, alongside comparative studies of policy responses to the crisis at local, regional and national levels Global Economic Crisis and Local Economic Development seeks routes for economic development in a post-crisis world. The roles of innovation, entrepreneurship, knowledge infrastructures, public policies, business strategies and responses, as well as global contexts and positioning are explored as investigative themes which run throughout the collection as a whole. This text brings together a range of international disciplinary experts from economics, geography, history, business and management, politics and sociology. Its coverage is comparative and global, with contributions focusing on the U.S., Japan, China, and India, as well as European contexts and cases. This book is of value both for the intrinsic quality of its individual studies and for the contrasts and comparisons enabled by the collection when viewed as a whole. It has an accessible but rigorous style, making it ideal for a range of users including academics, researchers and students who study economic development and regional development.
  first economic bubble incident: Great Depression Veronica B. Wilkins, 2020 Learn about the causes, main events, key players, and lasting impacts of the Great Depression--
  first economic bubble incident: The Law-growth Nexus Kenneth W. Dam, 2006 This volume goes beyond regression results to examine the underlying mechanisms through which the law, the judiciary, and the legal profession influence the economy.
  first economic bubble incident: Saving the City Richard Roberts, 2013-11 A week before the outbreak of the First World War, an acute financial crisis surged over London: the Stock Exchange closed; money markets worldwide were paralysed. Drawing on diaries, letters, memoirs, press reports, and official archives, this book tells the extraordinary, and largely unknown, story of the first true global financial crisis.
  first economic bubble incident: Proceedings of the Southeast Asian Conference on Migration and Development (SeaCMD 2023) Pamungkas A. Dewanto, Kinanti R. Sabilla, Tri S. Nurkholiq, 2024-02-20 This is an open access book. In light of the rising Southeast Asia in the centre of knowledge production, the Department of International Relations, the University of Mataram seeks to explore more wide-ranging topics of migration and development. Therefore, we plan to organize Southeast Asian Conference on Migration and Development (SeaCMD), which will take place on Lombok Island of West Nusa Tenggara Province in Indonesia. We encourage a broad range of scholars including researchers, lecturers, policymakers, research consultants, and postgraduate scholars to share their ongoing research or promote their past papers at this conference. Scholars from various disciplines are also encouraged to apply.
  first economic bubble incident: The Dynamics of Regional Innovation Yveline Lecler, Tetsuo Yoshimoto, 2012 All over the world, open innovation is emerging and requires much more interactions between different actors with different organizational cultures: large firms and SMEs (i.e. industry), universities and research institutions (i.e. academia), as well as national and regional authorities for building the legal or incentive framework of innovation (i.e government). Certainly, flows of knowledge between these three spheres, which are also known as the triple helix, have always existed; but what appears to be new in an open innovation environment is the overlapping of their missions. In many areas such multi-actor interactions with overlapping roles did not emerge spontaneously, as was the case with the United States. Based on robust cases studied by researchers and practical experiences of personnel involved in innovation at public or private institutions, this book successively discusses the policy framework in Europe and Japan, the new role for universities due to intellectual property reform or technology transfer promotion, the new challenges for firms in terms of licensing, patents, corporate venturing, including entrepreneurship, incubation, venture capital or cross-industry knowledge sharing. All issues addressed in this book are clearly those toward regional innovation policies and practices that are open in nature. It contains descriptions and analysis of the various approaches taken by industrial, governmental, and academic players in various regions of Japan (Tohoku, Tokyo) and Europe (France, Belgium). The mix of theoretical and empirical material collected in this book was first presented at an international symposium in Tokyo. The dynamics of regional innovation is an on-going issue, and we are still standing at the threshold of this field of research. It is exactly why such a book is needed now.
  first economic bubble incident: Proceedings of the 2022 International Conference on Business and Policy Studies Xiaolong Li, Chunhui Yuan, Ivoslav Ganchev, 2022-09-26 This proceedings volume contains papers accepted by the 2022 International Conference on Business and Policy Studies (CONF-BPS 2022), which are carefully selected and reviewed by professional reviewers from corresponding research fields and the editorial team of the conference. This volume presents latest research achievements, inspirations, and applications in applied economy, finance, enterprise management, public administration, and policy studies. CONF-BPS hopes this volume could be inspiring and of academic value.Business and policy studies both are heated research topics and are related to multiple fields. Held by Eliwise Academy, CONF-BPS aims at bringing together intellectuals from related fields including applied economy, finance, and public administration for academic exchange. Its goal is to serve as an international platform for researchers to present latest research progress, share ideas and inspirations, and exchange experience. Through more academic communication and exchange, this conference hops to promote international corporation and joint initiatives in relevant fields. This volume will be of interest to researchers, academics, professionals, and policy makers in the field of business, economics, management, and policy studies.
  first economic bubble incident: The American Monetary System William H. Wallace, 2014-01-04 Today’s financial system is considerably more complex than in years past, as new financial instruments have been introduced that are not well understood even by the people and institutions that invest in them. Numerous high-risk opportunities are available, and the number of people who unwittingly wander into such ventures seems to grow daily. There is also the realization that people’s lives are affected by the financial system without their overt participation in it. Despite no active participation, pensions can be emasculated by a sudden decline in interest rates, or a rise in rates can increase the monthly payments on a mortgage, credit cards or other debt. This book looks at the history of the American banking system, including the passage of the Federal Reserve Act in 1913, the implementation of deposit insurance, along with certain other provisions of the Glass-Steagall Act of 1933, the Bretton-Woods agreements, the forces of technological innovation and the Dodd-Frank Act, passed by Congress in 2010 for regulatory reform. This book will be of interest to undergraduate and graduate level students that want to gain a broad understanding of how the financial system works, why it is important to the economy as a whole, and what its strengths and weaknesses are. Also, readers should gain an understanding of what the Federal Reserve, other regulators and other central banks are doing, and will be in a position to critique their actions and say with some depth of understanding why they agree or disagree with them.
  first economic bubble incident: The End of Pax Americana Naoki Sakai, 2021-12-06 In The End of Pax Americana, Naoki Sakai focuses on U.S. hegemony's long history in East Asia and the effects of its decline on contemporary conceptions of internationality. Engaging with themes of nationality in conjunction with internationality, the civilizational construction of differences between East and West, and empire and decolonization, Sakai focuses on the formation of a nationalism of hikikomori, or “reclusive withdrawal”—Japan’s increasingly inward-looking tendency since the late 1990s, named for the phenomenon of the nation’s young people sequestering themselves from public life. Sakai argues that the exhaustion of Pax Americana and the post--World War II international order—under which Taiwan, South Korea, Hong Kong, and China experienced rapid modernization through consumer capitalism and a media revolution—signals neither the “decline of the West” nor the rise of the East, but, rather a dislocation and decentering of European and North American political, economic, diplomatic, and intellectual influence. This decentering is symbolized by the sense of the loss of old colonial empires such as those of Japan, Britain, and the United States.
  first economic bubble incident: Manga and the Representation of Japanese History Roman Rosenbaum, 2013 This edited collection explores how graphic art and in particular Japanese manga represent Japanese history. The articles explore the representation of history in manga from disciplines that include such diverse fields as literary studies, politics, history, cultural studies, linguistics, narratology, and semiotics. Despite this diversity of approaches all academics from these respective fields of study agree that manga pose a peculiarly contemporary appeal that transcends the limitation imposed by traditional approaches to the study and teaching of history. The representation of history via manga in Japan has a long and controversial historiographical dimension. Thereby manga and by extension graphic art in Japanese culture has become one of the world's most powerful modes of expressing contemporary historical verisimilitude. The contributors to this volume elaborate how manga and by extension graphic art rewrites, reinvents and re-imagines the historicity and dialectic of bygone epochs in postwar and contemporary Japan. Manga and the Representation of Japanese History will be of interest to students and scholars of Asian studies, Asian history, Japanese culture and society, as well as art and visual culture
  first economic bubble incident: A History of Financial Crises Cihan Bilginsoy, 2014-11-27 Once-in-a-lifetime financial crises have been a recurrent part of life in the last three decades. It is no longer possible to dismiss or ignore them as aberrations in an otherwise well-functioning system. Nor are they peculiar to recent times. Going back in history, asset price bubbles and bank-runs have been an endemic feature of the capitalist system over the last four centuries. The historical record offers a treasure trove of experience that may shed light on how and why financial crises happen and what can be done to avoid them - provided we are willing to learn from history. This book interweaves historical accounts with competing economic crisis theories and reveals why commentaries are often contradictory. First, it presents a series of episodes from tulip mania in the 17th century to the subprime mortgage meltdown. In order to tease out their commonalities and differences, it describes political, economic, and social backgrounds, identifies the primary actors and institutions, and explores the mechanisms behind the asset price bubbles, crashes, and bank-runs. Second, it starts with basic economic concepts and builds five competing theoretical approaches to understanding financial crises. Competing theoretical standpoints offer different interpretations of the same event, and draw dissimilar policy implications. This book analyses divergent interpretations of the historical record in relation to how markets function, the significance of market imperfections, economic decision-making process, the role of the government, and evolutionary dynamics of the capitalist system. Its diverse theoretical and historical content of this book complements economics, history and political science curriculum.
  first economic bubble incident: Asset Price Bubbles William Curt Hunter, George G. Kaufman, Michael Pomerleano, 2005 A study of asset price bubbles and the implications for preventing financial instability.
  first economic bubble incident: NBS Special Publication , 1980
  first economic bubble incident: Re-reading the Salaryman in Japan Romit Dasgupta, 2013 This book uses the figure of the salaryman to explore masculinity in Japan by examining the salaryman as a gendered construct, and is one of the first to focus on the men within Japanese corporate culture through a gendered lens. Not only does this add to the emerging literature on masculinity in Japan, but given the important role Japanese corporate culture has played in Japan's emergence as an industrial power, Romit Dasgupta's research offers a new way of looking both at Japanese business culture, and more generally at important changes in Japanese society in recent years.
  first economic bubble incident: China, the United States, and 21st-Century Sea Power Andrew S. Erickson, Lyle J Goldstein, Nan Li, 2010-12-01 China’s reaction to the United States’ new maritime strategy will significantly impact its success, according to three Naval War College professors. Based on the premise that preventing wars is as important as winning wars, this new U.S. strategy, they explain, embodies a historic reassessment of the international system and how the United States can best pursue its interests in cooperation with other nations. The authors contend that despite recent turbulence in U.S.-China military relations, substantial shared interests could enable extensive U.S.-China maritime security cooperation, as they attempt to reach an understanding of “competitive coexistence.” But for professionals to structure cooperation, they warn, Washington and Beijing must create sufficient political and institutional space.
  first economic bubble incident: Nuclear Cross Sections for Technology Joseph L. Fowler, Cleland H. Johnson, Charles D. Bowman, 1980
  first economic bubble incident: Secrets, Sex, and Spectacle Mark D. West, 2008-09-15 A leader of a global superpower is betrayed by his mistress, who makes public the sordid details of their secret affair. His wife stands by as he denies the charges. Debates over definitions of moral leadership ensue. Sound familiar? If you guessed Clinton and Lewinsky, try again. This incident involved former Japanese prime minister Sosuke Uno and a geisha. In Secrets, Sex, and Spectacle, Mark D. West organizes the seemingly random worlds of Japanese and American scandal—from corporate fraud to baseball cheaters, political corruption to celebrity sexcapades—to explore well-ingrained similarities and contrasts in law and society. In Japan and the United States, legal and organizational rules tell us what kind of behavior is considered scandalous. When Japanese and American scandal stories differ, those rules—rules that define what’s public and what’s private, rules that protect injuries to dignity and honor, and rules about sex, to name a few—often help explain the differences. In the cases of Clinton and Uno, the rules help explain why the media didn’t cover Uno’s affair, why Uno’s wife apologized on her husband’s behalf, and why Uno—and not Clinton—resigned. Secrets, Sex, and Spectacle offers a novel approach to viewing the phenomenon of scandal—one that will be applauded by anyone who has obsessed over (or ridiculed) these public episodes.
  first economic bubble incident: Asia after Versailles Urs Matthias Zachmann, 2017-05-22 Asia After Versailles addresses an important but neglected watershed for Asian nations - the response to the Paris Peace Conference of 1919. The Conference marked the end of a conflict which, although intrinsically European, had globalized the world on many levels, politically as well as economically, culturally and socially. It also stood at the beginning of a new order that saw the power centre shift towards the US and Asia. Asian countries and people played a significant but so far largely neglected role in this momentous development. Bringing together an international range of experts in the history of China, Japan, India and the Ottoman Empire/Turkey, this pioneering volume demonstrates the importance of Asia in the multifaceted global transformations that revolved around the Paris Peace Conference and its aftermath. Traditional historical analysis focuses almost exclusively on US and European responses to the Paris Peace Conference and the interwar order and often fails to take into account non-western, particularly Asian voices - this is the first book to demonstrate the far-reaching Asian dimensions of the impact of Versailles in an unprecedented way making this an invaluable and interdisciplinary resource for academics and researchers in the fields of politics, international relations, area studies and history
  first economic bubble incident: Vacancy Vinicius Capucho, 2023-05-28 TOMO I - Money and the Market: Purely Behavioral“The goal is to learn as much as possible from the most respected and qualified behavioral investors during this personal revolution. And everyone is unanimous when it comes to economic growth: behavior, rationality and self-knowledge”. Everything turned to the psychological enrichment of the individual. I created the perception that money is exact, static, but the flow of its movement [regardless of the level] is intrinsically linked to customs, habits and individual actions of the subject who holds it, directly influenced by the social environment in which he lives. All the usual paradigms to be overcome depend exclusively on the psychological, rational and supernatural reorganization of the human being involved.TOME II - The fault was always mine: And the Social BenefitDiscover your inner anguish even after your achievements. In the second book, I delve deeply into behavioral and psychological issues. The same individual who thinks about getting rich (money and material), needs to know himself, understand that his inner emptiness was probably caused by external circumstances based on someone else's life (envy, greed, power). Men live based on the lives of others, blind to themselves. I demonstrated this by explaining in a simple way how the economic cycle can directly interfere with your sadness, your emptiness and your depression.BOOK III - The Last Frontier: The Path of the SoulHow to find the path of our Soul? How do we understand where we came from and where we are going? A philosophy, or philosophical principle about the Body - matter - Soul and Spirit. Man, individual, in the labyrinth of his life. At the end of your life. I interview in this book: – A Frenchwoman who photographs decadence. The decay of everything; – An “Eternal Nonconformist”, as he called himself. A man of integrity, rich, wise as far as books allow him to go; – A Protestant Chaplain: His will in pursuit of the faith; – A monsignor: philosopher, loving, kind. He was given the title of Monsignor by Saint John Paul II; – An old lady on her deathbed: The only material possession she had left was her bed space.
  first economic bubble incident: China's Road and China's Dream Angang Hu, 2018-02-01 This book defines China’s road towards modernization with Chinese characteristics by systematically examining a typical Chinese political process – the National Congress of the Communist Party of China (CPC), during which diverse opinions are collected and a unified political consensus is formed. The author provides a detailed introduction to the background of and preparations for the 18th National Congress of CPC, as well as his personal experience of it as an attending representative. In addition, the book addresses a key problem, namely how China’s leadership handover procedure gradually evolved into the current collective handover procedure, by analyzing its developmental history. The question of “how to implement China’s leadership handover” is particularly meaningful, as it reflects the development of China’s political system, and is also essential to the CPC flourishing and China’s long-term prosperity. The author’s personal experiences at the 18th National Congress made it possible to fully investigate the leadership handover procedure between Hu Jintao and Xi Jinping.Lastly, the book provides a detailed description of one highlight of the 18th CPC National Congress – the focus on ecological culture and green development – and discusses China’s dream and its implications for history and the world.
  first economic bubble incident: The COVID-19 Pandemic, India and the World Rajib Bhattacharyya, Ananya Ghosh Dastidar, Soumyen Sikdar, 2021-09-30 This book analyses the economic and social impact of the Covid-19 crisis with special focus on India. It examines the economic disruption caused by the pandemic, policy responses to it and the prospect of a severe global recession. It also covers how the pandemic has contributed to considerable suffering among the masses and affected socio-cultural relationships, behavioural patterns and psychological attitudes governing human interaction. A topical and timely collection on the pandemic, the essays in the volume discuss several key themes which include, · The Corona pandemic and the changing global economy; growth, trade and macroeconomic recovery; · Public health and policy failures; appropriate policy response; · Impact on education; guidelines for the future; · Idea of economic herd immunity; impact of India’s lockdown, crisis of the migrant labourers; · Impact on agriculture, industry, firms, households and the informal sector; · Implications of digital technology for production, labour and labour relations; · Violence amidst the virus; Covid 19 and Hindu- Muslim conflict in India, domestic violence, questions of occupation, identity, gender and vulnerability; · De-globalisation and environmental challenges in the post-Covid era. Engagingly written, this comprehensive volume compiles original research by leading economists from India and abroad. It will be useful for scholars and researchers of economics, of the Indian economy, development economics, development studies, labour studies, public policy, public administration, governance, sociology and political economy.
  first economic bubble incident: The Politics of Agriculture in Japan Aurelia George Mulgan, 2013-01-11 Agriculture is one of the most politically powerful sectors in Japanese national politics. This book provides the first comprehensive account of the political power of Japanese farmers. This definitive text analyses the organisational and electoral bais of farmers' political power, including the role of agricultural interest groups, the mobilisation of the farm vote and links between farmers and politicians in the Diet. Agrarian power has helped to produce the distinctly pro-rural, anti-urban bias of postwar Japanese governments, resulting in a general neglect of urban consumer interests and sustained opposition to market opening for farm products. This book represents a major study of Japanese agricultural organisations in their multifarious roles as interest groups, agents of agricultural administration, electoral resource providers and mammouth business groups. It describes the policy issues that engage farmers' concerns and identifies the agricultural commodities that carry the greatest political significance.
  first economic bubble incident: The Social Science Encyclopedia Adam Kuper, 2003-12-16 The Social Science Encyclopedia, first published in 1985 to acclaim from social scientists, librarians and students, was thoroughly revised in 1996, when reviewers began to describe it as a classic. This third edition has been radically recast. Over half the entries are new or have been entirely rewritten, and most of the balance have been substantially revised. Written by an international team of contributors, the Encyclopedia offers a global perspective on the key issues within the social sciences. Some 500 entries cover a variety of enduring and newly vital areas of study and research methods. Experts review theoretical debates from neo-evolutionism and rational choice theory to poststructuralism, and address the great questions that cut across the social sciences. What is the influence of genes on behaviour? What is the nature of consciousness and cognition? What are the causes of poverty and wealth? What are the roots of conflict, wars, revolutions and genocidal violence? This authoritative reference work is aimed at anyone with a serious interest in contemporary academic thinking about the individual in society.
  first economic bubble incident: The Diplomatic History of Postwar Japan Makoto Iokibe, Translated and Annotated by Robert D. Eldridge, 2013-10-31 Winner of the prestigious Yoshida Shigeru Prize 1999 for the best book in public history when it was published in its original Japanese, this book presents a comprehensive and up-to-date overview of Japan’s international relations from the end of the Pacific War to the present. Written by leading Japanese authorities on the subject, it makes extensive use of the most recently declassified Japanese documents, memoirs, and diaries. It introduces the personalities and approaches Japan’s postwar leaders and statesmen took in dealing with a rapidly changing world and the challenges they faced. Importantly, the book also discusses the evolution of Japan’s presence on the international stage and the important – if underappreciated role – Japan has played. The book examines the many issues which Japan has had to confront in this important period: from the occupation authorities in the latter half 1940s, to the crisis-filled 1970s; from the post-Cold War decade to the contemporary war on terrorism. The book examines the effect of the changing international climate and domestic scene on Japan’s foreign policy; and the way its foreign policy has been conducted. It discusses how the aims of Japan’s foreign relations, and how its relationships with its neighbours, allies and other major world powers have developed, and assesses how far Japan has succeeded in realising its aims. It concludes by discussing the current state of Japanese foreign policy and likely future developments.
  first economic bubble incident: Black Swan: Economic Crises, Volume I Bernur Açikgöz, 2022-10-23 This book presents to the reader the economic, fiscal and financial crises in world history that have had a great impact on the entire world and the fiscal measures taken by governments to combat each crisis since the 1600s in chronological order. Such events are often described as Black Swans, a concept introduced by economist and risk analyst Nassim Nicholas Taleb in the book Fooled By Randomness in 2001, in reference to events that were thought to be impossible but had a huge impact when they did happen. The first part of the book discusses the crisis models in order to allow the reader to better understand the financial, fiscal and economic crises that are detailed in the following chapters. Each chapter starts with an overview of the crisis in question followed by an analysis of the impact on the affected countries. They go on to highlight the causes of the crisis in question, the fiscal and financial measures employed to recover from it and ends on a description of the post-crisis period. Given the profusion of black swan events that the 21st century has already witnessed, this book would be a valuable read for academics and students of economics as well as practitioners and policy makers.
  first economic bubble incident: Strategy for Empire Brian Loveman, 2004 The United States has carved the world into five pieces, maintaining troops and military leadership in each. Yet outside military and defense circles, the potential impact of post-1990 American strategic reach-or perhaps overreach-has not been given sufficient attention. This timely reader fills this gap by collecting the perspectives of American presidents, policymakers, military officers, establishment think tanks, and critical scholars. The text and accompanying CD bring together in one place a synthesis of official and semi-official views of post-1990 regional security agendas and of the evolving perception of post-Cold War threat scenarios. The CD accompanying the book sends readers directly to major policy documents and studies described in the text. The book and CD combined offer teachers a unique resource, providing a wealth of stimulating material for the classroom that is sure to promote critical thinking and spark lively discussion and debate.
  first economic bubble incident: Middle Kingdom and Empire of the Rising Sun June Teufel Dreyer, 2016-06-02 Japan and China have been rivals for more than a millennium. In more recent times, China was the more powerful until the late nineteenth century, while Japan took the upper hand in the twentieth. Now, China's resurgence has emboldened it even as Japan perceives itself falling behind, exacerbating long-standing historical frictions. June Teufel Dreyer's Middle Kingdom and Empire of the Rising Sun provides a highly accessible overview of one of the world's great civilizational rivalries that ranges from the seventh century to the present. Beginning in the mid-nineteenth century, the shrinking distances afforded by advances in technology and the intrusion of Western powers brought the two into closer proximity in ways that alternately united and divided them. In the aftermath of multiple wars between them, including a long and brutal conflict in World War II, Japan developed into an economic power but rejected militarism. China's journey toward modernization was hindered by ideological and leadership struggles that lasted until the death of Mao Zedong in 1976. The final part focuses on the issues that dominate China and Japan's current relationship: economic rivalry, memories of World War II, resurgent nationalism, military tensions, Taiwan, the Diaoyu/Senkaku Islands, and globalization. Dreyer argues that recent disputes should be seen as manifestations of embedded rivalries rather than as issues whose resolution would provide a lasting solution to deep-standing disputes. For the paperback edition, she has added a new afterword that takes readers up to the present day.
  first economic bubble incident: The Birth of the Business Cycle (RLE: Business Cycles) Philip E. Mirowski, 2015-03-27 Discussing economic theory and English economic history from the eighteenth century until the late 1970s this volume discusses among other things fixed capital and problems with the definition of the premodern economy as well as providing a chronology of 18th century business cycles.
  first economic bubble incident: Asian American History and Culture: An Encyclopedia Huping Ling, Allan W. Austin, 2015-03-17 With overview essays and more than 400 A-Z entries, this exhaustive encyclopedia documents the history of Asians in America from earliest contact to the present day. Organized topically by group, with an in-depth overview essay on each group, the encyclopedia examines the myriad ethnic groups and histories that make up the Asian American population in the United States. Asian American History and Culture covers the political, social, and cultural history of immigrants from East Asia, Southeast Asia, South Asia, the Pacific Islands, and their descendants, as well as the social and cultural issues faced by Asian American communities, families, and individuals in contemporary society. In addition to entries on various groups and cultures, the encyclopedia also includes articles on general topics such as parenting and child rearing, assimilation and acculturation, business, education, and literature. More than 100 images round out the set.
  first economic bubble incident: Japan–China Relations in the Modern Era Ryosei Kokubun, Yoshihide Soeya, Akio Takahara, Shin Kawashima, 2017-03-31 From before the dawn of recorded history, there has been a rich flow of interaction between Japan and China. Japan has long learned many things from Chinese civilization, and since the modern era China began to learn from Japan. In the twenty-first century, however, China surpassed Japan in terms of GDP in 2010 to become the world’s second largest economy. Amid this rapid rise of China and what has been called a power-shift in Japan–China relations, there are signs that bilateral tensions are rising and that the image each country has of the other is worsening. This volume provides a cogent analysis of the politics of the bilateral relationship in the modern era, explaining the past, present, and future of Japan–China relations during a time of massive political, social, and economic changes. Written by a team of internationally renowned Japanese scholars and based on sources not available in English, this book is essential reading for students and scholars of Japan–China relations, Japanese international relations, and the politics and international relations of East Asia
  first economic bubble incident: VC Tom Nicholas, 2019-07-09 “An incisive history of the venture-capital industry.” —New Yorker “An excellent and original economic history of venture capital.” —Tyler Cowen, Marginal Revolution “A detailed, fact-filled account of America’s most celebrated moneymen.” —New Republic “Extremely interesting, readable, and informative...Tom Nicholas tells you most everything you ever wanted to know about the history of venture capital, from the financing of the whaling industry to the present multibillion-dollar venture funds.” —Arthur Rock “In principle, venture capital is where the ordinarily conservative, cynical domain of big money touches dreamy, long-shot enterprise. In practice, it has become the distinguishing big-business engine of our time...[A] first-rate history.” —New Yorker VC tells the riveting story of how the venture capital industry arose from America’s longstanding identification with entrepreneurship and risk-taking. Whether the venture is a whaling voyage setting sail from New Bedford or the latest Silicon Valley startup, VC is a state of mind as much as a way of doing business, exemplified by an appetite for seeking extreme financial rewards, a tolerance for failure and experimentation, and a faith in the promise of innovation to generate new wealth. Tom Nicholas’s authoritative history takes us on a roller coaster of entrepreneurial successes and setbacks. It describes how iconic firms like Kleiner Perkins and Sequoia invested in Genentech and Apple even as it tells the larger story of VC’s birth and evolution, revealing along the way why venture capital is such a quintessentially American institution—one that has proven difficult to recreate elsewhere.
  first economic bubble incident: Globalization and the Asian Economic Crisis Canadian Council for Southeast Asian Studies, Northwest Regional Consortium for Southeast Asian Studies, University of British Columbia. Centre for Southeast Asia Research, 2000
  first economic bubble incident: Water Driven Ken Nicolson, 2020-03-04 Water Driven presents stirring tales from around the world recounting humankind’s endeavours to solve water crises. Our creative solutions in the face of adversity have driven agricultural, industrial, and technological revolutions, creating some of the most iconic cultural landscapes, ranging from rice paddies to reservoirs and from wells to windmills. Today, rapidly growing urban populations are competing for a shrinking share of a finite water supply. The number of cities on the brink of running dry or, like Hong Kong, surviving from day to day by importing the bulk of their water, is alarming. The pressure is on to pursue a new, environmental revolution that will inspire the next generation of more sustainable, water-driven cultural landscapes. ‘Nicolson’s subject of study is the need for humanity to use water wisely by avoiding over-exploitation and treating it sustainably to avert a major crisis around the world. The positive tone is refreshing as much of that type of literature paints a doomsday scenario.’ —René C. Davids, University of California, Berkeley ‘Water Driven presents a critical account of humankind’s relationship with water and its management. Nicolson stresses the need for using socio-technical solutions of scarce resources and for developing water management projects that work with nature, rather than ones which attempt to control it.’ —Kelly Shannon, KU Leuven, Belgium
New Evidence on the First Financial Bubble - Yale University
In this paper we hand-collect new, high-frequency, cross-sectional data from 1720 to test theories about market bubbles. Our tests suggest that innovation was a key driver of bubble expectations.

Dutch Tulip Mania: Tulip Crisis - Springer
Dutch Tulip Mania, also known as tulip speculation, tulip bubble, reveals the period when tulip bulb prices in the golden age of the Netherlands between 1634 and 1637 rose to extraordinary …

Bubble Investing: Learning from History - National Bureau of …
The first global stock market bubble began in France with the creation of the Mississippi Company by John Law who merged a bank empowered to issue currency with companies chartered for …

The Dot-Com Bubble A Historical Perspective And A …
This event became the first time in American history in which a supercharged business environment suddenly deflated causing untold damage to the economy and people.

Famous First Bubbles: The Fundamentals of Early Manias
• The Mississippi Bubble was a large-scale money print-ing operation and a government debt-for-equity swap. • The South Sea Bubble was also a debt-for-equity swap, although less well …

WHAT ARE THE CHARACTERISTICS OF AN ECONOMIC …
characteristics such economic bubbles in more detail and especially point out when they are reaching a level where a reversal is likely to occur. We begin by representing graphic images …

Was the bubble invented by John Law famous financial …
Was the bubble invented by John Law in the early 18th century? At first glance this contention might seem obviously wrong, or even nonsensical. It is, however, much truer than it seems. …

Bubbles and Central Banks: Historical Perspectives - Norges …
We first describe the different types of bubbles, the economic environment in which they emerged, as well as the severity of ensuing crises. We then derive a number of hypotheses regarding …

Great Economic Depression of 1929: First Global Economic …
In this section elaborates the Great Depression, which has an important place among the world economic crises and, first, it will mention the historical develop-ment of the crisis which will be …

NBER WORKING PAPERS SERIES WAS THERE A …
WAS THERE A BUBBLE IN THE 1929 STOCK MARKET? minar participants at the NEER Summer Institute and Rutgers University. We are particularly indebted to Charles Calomiris, …

English Rulebook - Nastolio
In 1636, an incident took place in the Netherlands, which shows how vast and devastating a speculative market bubble can be, when people are allured by the fantasies of endless profi t …

For What It's Worth: Historical Financial Bubbles and the …
Venturing into two different moments in the history of economic thinking, it investigates financial bubbles as epistemic fron-tiers, where rationality has reached its limits. The first half forays …

For What It’s Wor th: Historical Financial Bubbles and the …
Venturing into two different moments in the history of economic thinking, it investigates financial bubbles as epistemic frontiers, where rationality has reached its limits. The first half forays into …

Explaining the timing of tulipmania s boom and bust: …
Our reframing of tulipmania provides a straightforward explanation for the timing of the boom and bust of this historic financial bubble. We organize the remainder of the article as follows: …

Famous First Bubbles - American Economic Association
in the end prove erroneous, movements in asset prices based on them are fundamental and not bubble movements. I aim in these pages to propose market fundamental explanations for the …

14.454 Lecture 5: Bubbles - MIT OpenCourseWare
The main economic forces in their EMA paper are also found in their simpler, JFE, paper: “Synchronization Risk and Delayed Arbitrage” (we will develop this one, although the …

EXPLAINING THE HOUSING BUBBLE - University of …
First it demonstrates that the bubble was a supply-side phenomenon, attributable to an excess of mispriced mortgage finance: mortgage finance spreads declined and volume increased, even …

Bubbles, Crashes, and Ups and Downs in Economic Growth: …
A decade after the Great Recession, economic observers seem to agree on a few points. First, an asset price bubble emerged in the years leading up to the crisis. Second, the implosion of this …

Bubbles in History - Queen's University Belfast
The first major work to investigate multiple historical bubbles simultaneously was Charles Mackay’s Extraordinary Popular Delusions and the Madness of Crowds, first published in …

New Evidence on the First Financial Bubble - National …
The first global financial bubble in stock prices occurred 1720 in Paris, London and the Netherlands. Explanations for these linked bubbles primarily focus on the irrationality of …

Tulip mania - Wikipedia
Tulip mania (Dutch: tulpenmanie) was a period during the Dutch Golden Age when contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high …

Was Tulip Mania really the first great financial bubble?
Mar 4, 2020 · Tulip Mania is often cited as the classic example of a financial bubble: when the price of something goes up and up, not because of its intrinsic value, but because people who …

6 Disastrous Economic Bubbles - HISTORY
Jul 20, 2015 · From a 17th-century Dutch tulip craze to the infamous 1929 stock market crash, learn the stories behind six historical booms that eventually went bust. 1. Tulip flowers have …

Tulipmania: About the Dutch Tulip Bulb Market Bubble - Investopedia
Jun 25, 2024 · The Dutch tulip bulb market bubble is seen as the first financial bubble. It occurred in Holland in the early 1600s, when speculation inflated tulip bulbs’ value.

Tulipmania: The First Economic Bubble - Edology
‘Tulipmania’ as it is known today is generally cited as being the first example of an economic, or financial bubble. The tulip was introduced to the Dutch via Ottoman Empire traders. The exotic …

How Did Tulips Create the World’s First Economic Bubble?
Jan 29, 2023 · By the summer of 1637, many who had a large stake in the market when it began to collapse had lost fortunes, and the Republic’s merchant community was picking through the …

Economic Bubble - Definition, History Examples (Japan & China)
Jun 22, 2022 · What was the first economic bubble incident in the world? The first financial bubble was witnessed in the 1630s. It is now called the tulip bubble. It resulted from the Tulip Mania …

Tulip Mania: The World’s First Economic Bubble and Its
Sep 4, 2024 · Tulip Mania, the notorious financial bubble that swept through the Dutch Republic in the 17th century, remains one of the most fascinating episodes in economic history. As an …

The Fascinating Tale of Tulip Mania (1637): History’s First Economic Bubble
Dec 8, 2024 · In February 1637, the bubble burst. The first signs of trouble appeared when buyers at a routine auction refused to pay astronomical prices. Panic ensued, and within weeks, tulip …

The Enigma of the Tulip Mania: The World’s First Economic Bubble
Aug 7, 2024 · In February 1637, the market for tulip bulbs suddenly fell apart. Fear grew as prices dropped sharply, leaving many investors with bulbs that had no value and big financial losses.