IUM-MBA is ranked number 42 worldwide in 2009!! See THE ECONOMIST's "WHICH MBA" ranking:
http://www.economist.com/business-education/whichmba/
2009 Nobel Prize in Economics
Oliver Willamson and Elinor Ostrom will share the sum of 1.4 million dollars or 10 million Swedish kronor as they have been jointly honored as the recipient of 2009 Nobel Prize in the field of Economics. The Nobel Prize Committee has honored the two economists of the United States for their outstanding achievement in their respective fields.
In a speech, the Royal Swedish Academy of Sciences in Stockholm, stated that Elinor Ostrom has given the demonstration on the ways by which the associations can make use of the common property. Referring to Oliver Willamson’s works, the Academy stated he has, “developed a theory where business firms serve as structures for conflict resolution.” Nobel laureate Elinor Ostrom and Oliver E. Williamson will now share the stand with other world famous economists who had received the Nobel Prize in the past years. Oliver E. Williamson was a professor at California Berkley University. The other recipient of the same award Elinor Ostrom is a professor of Indiana University.

Current Research Interests:
1. Microeconomics of Competitiveness
- For 2010: BOOK (in preparation): "GLOBAL ECONOMIC STRATEGY AND COMPETITIVE ANALYSIS - Guidelines for (future) Corporate Leaders"
Lecture- and Student-Project-Improvement Tool, IUM Monaco, 2009
- Project: "MONACO ECONOMIC STRATEGY 2029"
2. HEALTH CARE/VALUE BASED HEALTH CARE DELIVERY
NEW PAPER 2009: (together with A. Martis):
"VALUE CREATION IN HEALTH CARE: THE CASE OF THE PRINCESSE GRACE HOSPITAL (CHPG) MONACO", IUM - Draft, Monaco July 2009
3. Analysis of basic macroeconomic principles that can help to achieve the Millenium Development Goals targets in 2015 in order to reduce poverty in Africa
Publication: See my paper on Poverty in Africa:
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=737423 (published in Bharti Thakar (ed.), Global Poverty-Eradication Strategies, Hyderabad: The Icfai University Press, 2007, pp. 126-149).
See also the International Food Policy Institute reports
Does freer trade help the poor? http://www.economist.com/finance/economicsfocus/displaystory.cfm?story_id=11453701
List of excellent poverty-related readings:
1. Where the Line is Drawn. A Rejoinder to Ravallion
Thomas Pogge. One Pager # 69. October 2008.
Click here: http://www.undp-povertycentre.org/pub/IPCOnePager69.pdf
2. What is poverty? Good Question
Click here: http://www.undp-povertycentre.org/pub/IPCOnePager26.pdf
3. What is poverty? Concepts and measures
Click here: http://www.undp-povertycentre.org/pub/IPCPovertyInFocus9.pdf
4. What is Poverty?
Click here: http://www.undp-povertycentre.org/pub/IPCOnePager22.pdf
5. Ending world poverty: is the debate settled?
Click here: http://www.undp-povertycentre.org/pub/IPCOnePager12.pdf
6. Global Poverty Reassessed: A Reply to Reddy
Click here: http://www.undp-povertycentre.org/pub/IPCOnePager66.pdf
7. The New Global Poverty Estimates – Digging Deeper into a Hole
Click here: http://www.undp-povertycentre.org/pub/IPCOnePager65.pdf
8. Headcount Poverty Comparisons
Click here: http://www.undp-povertycentre.org/pub/IPCOnePager18.pdf
9. Poverty in the City
Click here: http://www.undp-povertycentre.org/pub/IPCPovertyInFocus7.pdf
10. Leaky Bucket
Click here: http://www.undp-povertycentre.org/pub/IPCOnePager15.pdf

Research Related Readings and Links:
1. Poverty, Growth, Standards of Living, etc.:
HDI 2009:
http://www.economist.com/research/articlesBySubject/PrinterFriendly.cfm?story_id=14582820
WORLD DEVELOPMENT REPORT 2009: http://siteresources.worldbank.org/INTWDR2009/Resources/4231006-1225840759068/WDR09_01_Overviewweb.pdf
See the latest "Growth Report" (M. Spence) 2008:
http://www.growthcommission.org/index.php?option=com_content&task=view&id=96&Itemid=169
Washington Consensus: http://www.cid.harvard.edu/cidtrade/issues/washington.html
One of the best sources on Microfinance and Economics: Beatriz Armendáriz (Lecturer in Economics at Harvard University) and Jonathan Morduch (Professor of Public Policy and Economics at New York University): http://www.amazon.com/Economics-Microfinance-Beatriz-Armend%C3%A1riz/dp/product-description/0262012162
General news on Africa (on a daily basis): http://allafrica.com/
On poverty read Henry George: http://www.schalkenbach.org/library/george.henry/ppintro.html
Excellent new books (highly recommended):
How Rich Countries Got Rich...and Why Poor Countries Stay Poor by Erik S. Reinert
Constable & Robinson, 2007, £25, 320 pages http://www.amazon.com/How-Rich-Countries-Poor-Stay/dp/1845293266
Bad Samaritans: Rich Nations, Poor Policies and the Threat to the Developing World by Ha-Joon Chang
Random House, 2007, £18.99, 288 pages http://www.amazon.co.uk/Bad-Samaritans-Nations-Policies-Developing/dp/190521135X
For everyone interested in African Country Reports see the "AFRICA RESEARCH BULLETIN": http://www.blackwell-synergy.com/toc/arbp/44/6 and the "JOURNAL OF AFRICAN ECONOMIES" http://jae.oxfordjournals.org/
Classics:
M. Yunnus: http://www.amazon.com/Banker-Poor-Micro-Lending-Against-Poverty/dp/1586481983/ref=pd_sim_b_4/104-6408281-7740709
J. D. Sachs: http://www.amazon.com/gp/reader/0143036580/ref=sib_dp_pt/103-4829205-8008647#reader-link
P. Collier: http://www.amazon.com/exec/obidos/ASIN/0195311450/marginalrevol-20
K. J. Arrow's book review of A. Sen: Poverty and Famines: http://sites.wiwiss.fu-berlin.de/collier/SocPolWS03/arrow_on_sen.pdf
J. E. Stiglitz: http://www.wwnorton.com/catalog/spring03/032439excerpt.htm
Why growth matters (W. Easterly): http://mitpress.mit.edu/catalog/item/default.asp?ttype=2&tid=8978&mode=toc

2. Links on PROPERTY RIGHTS, Instutional Economics, etc.: http://www.msu.edu/user/schmid/links.htm

3. Microeconomics of Competitiveness
For more information see: Professor Michael E. Porter's "Institute for Strategy and Competitiveness" at http://www.isc.hbs.edu/moc.htm
Read what Edmund Phelps has to say: http://www.gmfus.org/publications/article.cfm?id=307
From the Brookings Institution: Boosting Productivity, Innovation, and Growth through a National Innovation Foundation [pdf]
http://www.brookings.edu/~/media/Files/rc/reports/2008/04_federal_role_atkinson_wial/NIF%20Report.pdf
4. Competitiveness Reports
EU Directorate General for Competition: http://ec.europa.eu/dgs/competition/
GLOBAL COMPETITIVENESS REPORT: http://www.weforum.org/en/initiatives/gcp/Global%20Competitiveness%20Report/index.htm
A "must read":
HOW TO BUILD AN ECONOMIC MODEL IN YOUR SPARETIME (by H. Varian): http://people.ischool.berkeley.edu/~hal/Papers/how.pdf
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