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The Cold War in Welfare: Stock Markets versus Pensions

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Item number:370248844077
Item location:portland, OR, United States
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Last updated on 07:19:39 PM PST, Jan 03, 2010 View all revisions
Item specifics - Nonfiction Books
Author: Richard MinnsPublisher: Verso Books
ISBN-10: 1859846254Subject: Business & Economics
ISBN-13: 9781859846254Topic: --
Format: HardcoverLanguage: --
Publication Year: 2001Condition: Good
Special Attributes: --  
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Size
Length:240 pages
Height:8.0 in.
Width:6.5 in.
Thickness:1.2 in.
Weight:16.0 oz.

Publisher's Note
A new Cold War has developed between competing blocs of countries over the role of financial markets versus the state in the provision of pensions and the financing of the economy generally. An Anglo-American bloc, which has spread into South America, Australia, Canada and Japan, favors private pension investment on stock markets. Proponents of this approach argue that it will be much more efficient and provide capital for corporate growth. A European bloc, not including the UK, favors state provision and a much smaller role for unstable stock markets in the provision of pensions. This model is under threat from the World Bank, financial markets, and many senior academics in the US and Britain. Richard Minns, in a timely and articulate intervention, demonstrates that many of the arguments used in support of the Anglo-American approach are based not on an improvement in pensions and economic growth, but rather on promotion of stock markets themselves, a decidedly different matter.


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The Cold War in Welfare: Stock Markets versus Pensions

Richard Minns

Book Notes:
Binding: Hardcover
Book Condition: Good
Jacket Condition: Good
ISBN: 1859846254
Publication Date: 2001-05-31
Publisher: Verso
Pages: 256
Height: 0.9700 inches
Width: 6.3800 inches
Weight: 1.1100 pounds

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