International-fund

To set expectations this book is heavily slanted towards winning Government business. It is also applicable to large businesses as well as small ones. That said, the information in this unique book can be effectively used by consultants and companies intent on competing for commercial contracts. I am fortunate because I have experience in Government contracting (on both sides of the fence - writing RFPs and evaluating responses when I was a member of DoD, and responding to RFPs when I was in the DoD contracting industry), and in the commercial world where I have been working as a consultant since 1988. From my vantage point I see the value of this book as advice and guidelines for developing effective proposal strategies regardless of whether you are competing for Government or commercial business.

I have used this book as a ready reference since the first edition was published in 1997. This second edition reflects a major update to the original book in that the proposal management tools in the first edition were woefully out of date and the focus was not on some of the Government opportunities for small business, such as Small Business Innovative Research (SBIR)that require a tailored proposal strategy. The second edition also addresses new Government initiatives for e-business and a plethora of other topics that were not present in the first edition.

If you are competing for Government business this is the most complete, accurate book I know of that covers the RFP-Proposal-Negotiation-Award process. Short of memorizing the FAR (Federal Acquisition Regulations), amassing years of proposal writing experience, and gaining the wisdom of knowing what works and what doesn't you will not find a more concise guide to the process. Also, you will benefit greatly from the wealth of tips and pointers that the author provides from his own extensive experience. If you are in the DoD contracting business, regardless of business size, I cannot overemphasize this book's value when it comes to cutting through the maze and providing a clear roadmap. If you are a proposal or capture manager I strongly recommend that you get a copy for every member of your team.

For the book's readers who are in the commercial sector the approach outlined in this book will add process and structure to your proposal writing efforts. The rigorous requirements imposed by the Government are too often lacking in the commercial process, which results in sloppy proposals that meander around issues and miss important client requirements. Also, because the proposal development process can be as large a task in the commercial sector, managing it can be a nightmare without a well thought out strategy for ensuring that all of the "t"s are crossed and "i"s dotted. The approach in this book practically hands you a ready-made process that you can apply to proposal development. This process will not only improve your ability to respond quickly and accurately to RFPs, but do so in an efficient manner. The result will be a significant competitive advantage.

For both sets of readers I think some of the advice, such as using the proposal as a marketing tool as well as a due-diligence instrument for responding to RFPs is excellent. For example, the author emphasizes backing up responses with examples to demonstrate claims. This is a powerful technique that I have used repeatedly to good advantage. It goes a long way towards assuaging client concerns about capabilities versus empty claims, and will turn a proposal that is merely responsive into one that is compelling.

Other things that make this book extremely valuable include the CD ROM of checklists and templates, and the numerous examples from the author's past proposals.

In my opinion this is the best book available for proposal development, and the only one that fully addresses every aspect of managing the proposal process for Government business. It should be on the shelf of anyone who responds to RFPs, and in the library of every company that does Government or commercial contracting.

Robert Frey has done proposal writers a great service by compiling in one volume the disparate information required to navigate the proposal process. Although the emphasis is on small business, most of the material applies equally well to "big" business and large proposals. He not only covers the usual topics of writing and production, but explains the myriad government regulations (it must have taken courage to attempt this!) and legal and financial issues proposal teams must address. Quibbles include the too-brief discussions of multiple-company proposal teams (becoming more and more common) and the respective roles and responsibilities of the acquisition manager, the proposal manager, and the proposed project manager (although for small companies they are just as likely to be one and the same). In addition to its usefulness as a reference, Frey has infused his book with many practical, real-world suggestions that are certain to improve any proposal. On that basis alone, I cannot recommend this book to any future competitor!

Don't let the trade price of this book deter you. Mr. Frey analyzes every aspect of the RFP-proposal process, and he includes a storehouse of resources to place you at a competitive advantage. No other book even comes close.

Free thinking economists such as Mr Chossudovsky are few and far between. Please take the time to read about the reality of what we have been lured into.

These are some wonderful thougts that have stimulated my mind into asking the question "CanAfricansThink?".This book exposes the disguise of mainstream economics which leaves human society's precious values at the hands of economic lust.All Africans need to know about this big con job being operated under the disguise of macro economics.

Looking at case studies from around the developing world, backed up with a strong theoretical analysis of the IMF and World Bank's role in the international economy, the globalisation of poverty brings the reader to one stark conclusion: 'Poverty is an input on the supply side, (of the global economy.)' Particularly interesting is Chossudovsky's explanation of the economic 'miracle' of Vietnam, while his analysis of the Yugoslav disaster, co-sponsored by the IMF and international financial investors, is very timely indeed. As Chossudovsky explains, the IMF and World Bank reforms have not merely suppressed populist and socialist economic measures and achievements; they have also prevented the development of national capitalisms, by creating economies directed towards the needs of the capitalist core states, rather than to the national market. For those harbouring any illusions about the economic order which governs humanity at the end of this century, this book is a necessary read. It's a pity that Chossudovsky works at the University of Ottawa and not the LSE, an institution that definitely needs realistic economists like him.

The author Michael Molinski makes complicated materials easy for the individual investor to understand. Written in plain, everyday English for the common man. Very insightful and informative. This book is not just about investing overseas, but overall, it is about investing wisely. It touches upon a lot of investing issues, such as diversifying a portfolio, risks aversion, time span and horizon, etc. Specifically, however, Molinski makes a strong and convincing argument for investing in Latin America and shows readers how to go about doing so. Finally, he examines 35 Latin American companies that he sees as having good potential growth in the future. Molinski seems like an authority in Latin America investing because his insights could only have come from someone who's lived in the region and worked there for some time. Having read the book, I will definitely invest money in the Latin American region.

Ideal for the investor who wants to venture into this part of the world

The best book I have read on investing in Latin America. Many interesting insights and valuable wisdom. The author has made use of considerable first-hand experience and serious analysis. An invaluable book for anyone involved with Latin American finance. I highly recommend the book.

The global economy, especially those aspects dealing with global finance, often appear to be intimidating in their complexity. Susan Strange decodes processes of finance and monetary policy and puts them in terms that just about anyone can understand. There is, in fact, nothing that complex about these processes at all. The metaphor of "casino capitalism" still holds...and they are playing with your money. One would do well to read this in combination with a book by George Soros. Comprehensive, but readable. A great book.

Please me know if this book will be tranlsated into Korean, in a few year

I would like to know if that book is going to be translate in french. Thank you.

A great book that reflects the real problems that lead to the economic crisis in December 2001. Today's Argentinian populist politicians should read this book to learn that the Convertibility system was not the cause of the problem but in fact it was the fiscal irresponsability of the provinces, causing fiscal deficits that were imposible to deal with.
If you need to study the Argentina case you should definitly buy this book and learn the truth about it.

I used this book for a business school "Central Banking" class recently. Michael Mussa really knew what he was talking about, and he writes concisely and elegantly.

He analyzed the effects on the Argentinian economy of irresponsbible fiscal and monetary policies. And in the process of doing so, he also convincingly illustrated the intercation between fiscal and monetary policies and its implications in steering the economy in general.

Best book written on Argentinian economy I have ever read. Two-thumbs up!

This short but powerful book provides the best and most concise review of the disastrous policies that have been developed by the World Bank and International Monetary Fund. Bello traces the origins of structural adjustment programs and then follows their effects into countries around the world.

Although originally published in 1994, the material is more relavent than ever. A MUST READ.

Bello provides a clear, concise and well evidenced argument that the structural adjustment programs of the IMF and World bank have sunk the countries of the global south into deeper and deeper debt and impovereshment. Bello sets this argument in the historical frame of the northern backlash against the rising economic power of the south. He also links the economic philosophy behind adjustment to the widening prosperity gap and falling real wages in the north.

A must read for all those curios about the World Bank and IMF and why people are against them.

While most economists are still puzzled by the most recent foreign exchange and banking crises - such as the ones that took place last year in Argentina and Uruguay - and some of them (like Stiglitz) are proposing reckless and innefective solutions, such as abolishing the IMF and most of the existing international agencies, Jean Tirole presents a more pensive and fruitful explanation of why these crises occur, and sheds new light towards a much more effective solution. His approach is based on a new field of agency theory called Corporate Finance, which deals with the set of institutions that make it credible for the suppliers of funds to recover their investments in an specific firm.

Tirole applies the basic principles of the prudential regulation of banks, that he worked before in collaboration with Mathias Dewatripont (MIT Press, 1994, ISBN: 0262041464), and which contains much of what we have learned through the twentieth century about financial crises. According to this approach, both the international financial and monetary systems would work much better if we had international risk classifying agencies on the one hand, providing information to investors about the liquidity and solvency of debtor countries, and a lender of last resort on the other. The trouble with the IMF is that it tries to perform both functions.

However, what makes external borrowing more complicated than a typical financial arrangement is the presence of a third player, that is the borrower's government which has both the incentives and the means to affect the foreing investor's return by manipulating the exchange rate or the capital mobility. Because the investors' return is affected by the behaviour of two agents, the borrower himself and its government, Tirole calls this a dual agency problem.

Tirole proposes an institutional reform in which the IMF should redefine its original mission, by concentrating in the role of facilitating the country's favourable access to foreign borrowing. This role underlies the (controversial) task of pre-qualification and conditionality. The IMF should also redefine its internal structure if it wants to perform well this new role. Its Board of Governors is too big and too heterogeneous to allow rapid and efficient decisions.

In summary, this book presents and original and groundbreaking approach to financial crises which, as we expected from the beginning, arises more questions than answers. However, we know that the only way to find the appropriate solution to a problem is by formulating the right questions, and this is exactly what Tirole does. I am convinced that if the international agencies follow this approach they will soon find the right way to prevent or to lessen international financial crises, in the same way as central banks and financial regulatory agencies did with domestic banking crises during the last century.

Tirole has written an invaluable book that sheds light to a complex and extremley actual topic. By showing once again his seriousness as an economist (as opposed to others; i.e. Stiglitz), he goes back to first principles to understand the source of problems in international contracts. The application of modern corporate finance to international finance is extraordinary.
Even the first chapters should be obligatory reading to any student of international macro (even in the first macro course). The first one gives a concise history of modern currency crisis -the so called first twenty-first century crisis- while the second one masterfully summarizes the economists views on the subject.
Good economics, great topic, amazing timing.

The growing movement against neo-liberal policies needs more books like this, one that really examine if their propaganda matches up tough scrutiny. As Vreeland discusses to much of supposed statistical studies showing the harms of IMF policies mearly state "countries in IMF conditionalities do worse in criteria X than countries that do not" which he cmpares to simply saying people who go to a doctor are found to be sicker than those who do not. This book - not the final answer to the question - provides a first good study of the effects of IMF programs. While he dose find that IMF programs do negatively effect growth I believe many who have organized against the IMF will be surprised by how small the difference is. His findings that the programs exacerbate economic inequality are hardly new yet are a nice new addition to the literature. Most interesting - and where this book is a serious and importantant contribution is inhis studies on the what determines a countries participation in the IMF program. Combiming anecdotal evidence, logical anlysis and statistical studies he shows that it is largely determined by desire of the executive branch to have the conditions imposed on their country. To the extent that this is accuarate then the anti-IMF movement might need to rewrite its propaganda of the IMF being about class war of the first world nations against the third world countries to being about class war from the world capitalist against the world's workers.

In this book Vreeland offers a cogent analysis of why governments enter into IMF agreements, and identifies startling effects of the effect of such programs on host country economic performance.

Unlike Stiglitz in "Globalization and Its Discontents," Vreeland takes a quantitative approach in measuring the effects of IMF programs. His work seems less concerned with the empty rhetoric that surrounds the anti-globalization movement that have pre-occupied many IMF crtics, and instead draws heavily upon statstical evidence.

Not the only book published recently about the IMF in academia, but certainly one of the better ones.

Mandelbaum's "The Dawn of Peace in Europe" is a well-researched and articulate piece detailing the future of NATO and of American involvement in Europe. Though short, it is detailed in its analysis and provides the reader with a clear understanding of his position. In it, Mandelbaum attempts to analyse the role of NATO, and critique the directions that other have prescribed for the alliance. Mandelbaum feels that the best course of activity for the alliance is to stay as it is, and redirect its energies into "reassuring" the perpetuation of the common security order that exists in Europe. He feels that NATO is poorly equipped to pursue out-of-area missions, such as the one in Bosnia, and that expansion of NATO is a mistake because it installs victor's justice on Russia, and this justice will be remembered by the Russian people as an insult. It appears as though this analysis regarding the impact NATO expansion will have on Russia is somewhat of a knee-jerk reactions. Opinion has shown consistently that the Russian people do not care if NATo expands and do not feel that it is necessarily a threat to their security. Furthermore, many analysts including Andrei Kortunov have written their opinions on this issue and have shown that only in the most extreme case would there be a nationalist backlash against NATO expansion. Mandelbaum still views Russia as the enemy of NATO, as it was through the Cold War, and thus his view of the alliance may be somewhat dated. Despite this however, he provides the reader with a clear approach to the future of European security. Mandelbaum articulates the idea of a common security order existing in Europe now that ensures the peace without the high costs of balance of power politics and without the unrealistic tenets of world government. Whether or not a security order continues to exist, according to Mandelbaum will depend on whether or not Russia will stay peaceful and if the United States will stay in European defence mechanisms. If things reamain as is, Europe will be the bastion of peace in an all too unpeaceful world. I recommend this book for all analysts interested in European security.

Dr. Gansler submits that in order to create a responsive and cost-effective defense industrial base to support the XXI force structure there must be revolutionary movement to a civil/military integration. This would mirror the cost cutting and downsizing achieved by the commercial sector in the early nineties.

However, this would entail a complete review of the defense industrial base to determine which areas should remain governmental (see GAO report [NSIAD-99-31] Army Industrial Facilities: Workforce Requirements and Related Issues Affecting Depots and Arsenals).

The only approved governmental process to privatize the defense base is OMB's A-76 process. Historically, the government agency has proven to be more cost-effective 50% of the time. Gansler's assertion would be received coldly by unions and its congressional allies.

An example of the difficulty to reach this integration is the production of a modern day cannon. The Watervliet Arsenal, (a government owned and operated facility) in Watervliet, NY is the sole producer of this commodity in the country. Instead of trying to integrate it into some sort of civilian status would it not be smarter to increase the workload and maintain the skill base.

Overall, Gansler provides decisive insight into the workings and relationships of the military/industrial complex. Obviously a must read for anyone involved with defense-related policy.