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Economic development programs in China in the period from 1978 with Deng Xiaoping's announcement of the Four Modernizations...
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Economic development programs in China in the period from 1978 with Deng Xiaoping's announcement of the Four Modernizations program to 1985. Deng Xiaoping opened China up to the extent of foreign loans and foreign technical assistance, but the Government still envisioned that the development would still be directed through tight central planning. The Ten-Year Plan resullted in some major failures and slowly the government began to allow development projects to be created on the local level. Often these local projects involved funding and management by firms from outside of China. It was with this shift away from central planning that China extraordinary economic development began.
Material Type:
Presentation
Author:
Thayer Watkins
Date Added:
May 29, 2009
Date Modified:
Jan 02, 2010
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Cost benefit analysis is the method for determining whether a particular project or policy is socially worthwhile. The...
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Cost benefit analysis is the method for determining whether a particular project or policy is socially worthwhile. The positive impacts are reduced to their monetary equivalents and discounted back to the base time. The sum is these values is called the social benefits of the project. The corresponding negative impacts lead to the social costs of the projects. If the social benefits exceed the social costs the project is socially worthwhile.The site provides the theory and examples of cost benefit analysis.
Material Type:
Reference Material
Author:
Thayer Watkins
Date Added:
Apr 02, 2009
Date Modified:
May 19, 2016
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A paper that traces the subprime mortgage crisis to a policy decision by the managers of Fannie Mae (Federal National...
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A paper that traces the subprime mortgage crisis to a policy decision by the managers of Fannie Mae (Federal National Mortgage Association) in the 1990's. Fannie Mae insisted that lenders prove that they were not "red-lining" by fulfilling quotas of minority borrowers. To meet these quotas lenders had to reduce the standards for their lending. Fannie Mae enabled lenders to issue such subprime mortages by purchasing them or providing default insurance for them. Ten years of this policy bankrupted Fannie Mae.
Material Type:
Reference Material
Author:
Thayer Watkins
Date Added:
Jun 18, 2009
Date Modified:
Nov 04, 2015
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