The competing reactions reveal diverging views around the possibilities and limits of
microfinance, a polarization captured colorfully by Connie Bruck (2006) in The New Yorker.
Yet there are also areas of shared vision. Most important, all agree that the demand for reliable
financial services is huge. We estimate that roughly 40 to 80 percent of the populations in most
developing economies lack access to formal sector banking services (Beck, Demirguc-Kunt and
Martinez Peria, 2007; World Bank, 2007).
Natural disasters—including hurricanes, earthquakes, volcanic eruptions, and floods—
caused over 220,000 deaths worldwide in the first half of 2010 and wreaked havoc on homes,
buildings, and the environment. To withstand and recover from natural and human-caused
disasters, it is essential that citizens and communities work together to anticipate threats,
limit their effects, and rapidly restore functionality after a crisi
This book is a collection of practical writings on business and management topics and is a companion to “Management Briefs: Management and Leadership Theory Made Simple.” These writings originally appeared in the business section of the local newspaper in Abilene, Texas, U.S.A. Using examples from movies, books, sports, and everyday experiences, they are designed to introduce readers to a variety of business topics in a concise, fun, and interesting manner. This volume should be useful to professional and aspiring managers as well as to students of management and business....
At the end of the 1980s, more than 1,000 savings & loan institutions in the United States
were threatened by insolvency due to financing with divergent maturity dates in
connection with high interest rates for depositors but comparatively low rates on
In 1989, the Resolution Trust Corporation (RTC) – a bad bank –
was founded. The RTC was set up with government funding and to a limited extent with
money from private investors. Between 1989 and 1995, the RTC took over 747 bankrupt
S&Ls with a book value of 394 billion dollars. The S&L bailout cost US taxpayers...
The perception of threat, or actual occurrence of conflict, is necessary for
the initiation of conflict prevention or management measures, and hence
it is essential to address the concept of conflict before exploring how to
prevent and manage such occurrences.
The first step is to understand what a conflict is made up by exactly. The
starting point for this paper is the traditional definitions of conflicts
(presented below), according to which a conflict is the result of opposing
interests involving scarce resources, goal divergence and frustration.
In a compelling blend of narrative history and social analysis, Prophets and Profits contributes to the global literature on educational change by analysing the impact of both managerialism and religious extremism on the restructuring of Jewish community schools in Johannesburg. A landmark study in South Africa, this work is also of international interest because it brings together two divergent yet connected tendencies in current educational transformation.
The listing of stock exchanges, perhaps even more than their
demutualisation, has transformed their business model. Although
demutualisation is claimed to have changed the ownership of stock exchanges,
significant ownership stakes were often retained by previous member firms
(Steil, 2002). Therefore, the fundamental governance structure of exchanges was
not significantly impacted. Self-listing and the subsequent dispersion of
ownership of exchanges have finally divorced their interests from those of
Geodin is a protein encoded by a sponge gene homologous to genes from
the bc-crystallins superfamily. The interest for this crystallin-type protein
stems from the phylogenesis of porifera, commonly called sponges, the
earliest divergence event in the history of metazoans. Here we report the
preparation of geodin as a recombinant protein fromEscherichia coli, its
characterization through physico-chemical analyses, and a model of its 3D
structure based on homology modelling.