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An Economist Best Book of the Year A Financial Times Best Book of the Year A Foreign Affairs Best Book of the Year A ProMarket Best Political Economy Book of the Year One of The Week’s Ten Best Business Books of the Year A cutting-edge look at how accelerating financial change, from the end of cash to the rise of cryptocurrencies, will transform economies for better and worse. We think we’ve seen financial innovation. We bank from laptops and buy coffee with the wave of a phone. But these are minor miracles compared with the dizzying experiments now underway around the globe, as businesses and governments alike embrace the possibilities of new financial technologies. As Eswar Prasad explains, the world of finance is at the threshold of major disruption that will affect corporations, bankers, states, and indeed all of us. The transformation of money will fundamentally rewrite how ordinary people live. Above all, Prasad foresees the end of physical cash. The driving force won’t be phones or credit cards but rather central banks, spurred by the emergence of cryptocurrencies to develop their own, more stable digital currencies. Meanwhile, cryptocurrencies themselves will evolve unpredictably as global corporations like Meta and Amazon join the game. The changes will be accompanied by snowballing innovations that are reshaping finance and have already begun to revolutionize how we invest, trade, insure, and manage risk. Prasad shows how these and other changes will redefine the very concept of money, unbundling its traditional functions as a unit of account, medium of exchange, and store of value. The promise lies in greater efficiency and flexibility, increased sensitivity to the needs of diverse consumers, and improved market access for the unbanked. The risk is instability, lack of accountability, and erosion of privacy. A lucid, visionary work, The Future of Money shows how to maximize the best and guard against the worst of what is to come.
An indispensable tool for librarians who do reference or collection management, this work is a pioneering offering of expertly selected print and electronic reference tools for East Asian Studies (Chinese, Japanese, and Korean). Handbook for Asian Studies Specialists: A Guide to Research Materials and Collection Building Tools is the first work to cover reference works for the main Asian area languages of China, Japan, and Korea. Several leading Asian Studies librarians have contributed their many decades of experience to create a resource that gathers major reference titles—both print and online—that would be useful to today's Asian Studies librarian. Organized by language group, it offers useful information on the many subscription-based and open-source electronic tools relevant to Asian Studies. This book will serve as an essential resource for reference collections at academic libraries. Previously published bibliographies on materials deal with China or Japan or Korea, but none have coalesced information on all three countries into one work, or are written in English. And unlike the other resources available, this work provides the insight needed for librarians to make informed collection management decisions and reference selections.
International librarianship: cooperation and collaboration (Scarecrow, 2001), by Frances Carroll and John Harvey, $115 cloth, 384 pages. LTD sales: 391 ($20,902 net)International and comparative studies in information and library science: a focus on the United States and Asian countries (Scarecrow, 2008), by Yan Quan Liu and Xiaojun Cheng, $80 paper, 396 pages. LTD sales: 156 ($7,414 net)International librarianship: a basic guide to global knowledge access (Scarecrow, 2007), by Robert Stueart, $55 paper, 260 pages. LTD sales: 400 ($13,293 net)George W. Bush and China: Policies, problems, and partnership. Wang, Chi. (Lexington, 2009). $45, cloth, 156 pages. LTD sales: 232 ($7,313 net)
The completely revised edition of "Understanding Japanese Information Processing" supplements each chapter with details about how Chinese, Korean, and Vietnamese scripts are processed on computer systems. New information, such as how these scripts impact contemporary Internet resources (such as the WWW and Adobe Acrobat) is provided.