Central banks can shape economic growth, affect income distribution, influence a country's foreign relations, and determine the extent of its democracy. While there is considerable literature on the political economy of central banking in OECD countries, this is the first book-length study focused on central banking in emerging market countries. Surveying the dramatic worldwide trend toward increased central bank independence in the 1990s, the book argues that global forces must be at work. These forces, the book contends, center on the character of international financial intermediation. Going beyond an explanation of central bank independence, Sylvia Maxfield posits a general framework for analyzing the impact of different types of international capital flows on the politics of economic policymaking in developing countries. The book suggests that central bank independence in emerging market countries does not spring from law but rather from politics. As long as politicians value them, central banks will enjoy independence. Central banks are most likely to be independent in developing countries when politicians desire international creditworthiness. Historical analyses of central banks in Brazil, Mexico, South Korea, and Thailand, and quantitative analyses of a larger sample of developing countries corroborate this investor signaling explanation of broad trends in central bank status.

A Brookings Institution Press and Nomura Institute of Capital Markets Research publication Developed country capital markets have devised a set of institutions and actors to help provide investors with timely and accurate information they need to make informed investment decisions. These actors have become known as "financial gatekeepers" and include auditors, financial analysts, and credit rating agencies. Corporate financial reporting scandals in the United States and elsewhere in recent years, however, have called into question the sufficiency of the legal framework governing these gatekeepers. Policymakers have since responded by imposing a series of new obligations, restrictions, and punishments—all with the purpose of strengthening investor confidence in these important actors. Financial Gatekeepers provides an in-depth look at these new frameworks, especially in the United States and Japan. How have they worked? Are further refinements appropriate? These are among the questions addressed in this timely and important volume. Contributors include Leslie Boni (University of New Mexico), Barry Bosworth (Brookings Institution), Tomoo Inoue (Seikei University), Zoe-Vonna Palmrose (University of Southern California), Frank Partnoy (University of San Diego School of Law), George Perry (Brookings Institution), Justin Pettit (UBS), Paul Stevens (Investment Company Institute), Peter Wallison (American Enterprise Institute).

“How could we know that forever could end at seventeen?” Anyone passing through North Shore, Illinois, would think it was the most picture-perfect place ever, with all the lakefront mansions and manicured hedges and iron gates. No one talks about the fact that the brilliant, talented kids in town have a terrible history of throwing themselves in front of commuter trains. Meet Simone, the bohemian transfer student from London, who is thrust into the strange new reality of an American high school; Mallory, the hypercompetitive queen bee; and Stephen, the first-generation genius who struggles with crippling self-doubt. Each one is shocked when a popular classmate takes his own life…except not too shocked. It’s happened before. With so many students facing their own demons, can they find a way to save each other—as well as themselves?

The companion to the Oscar-nominated documentary, an unparalleled look inside Israel’s security establishment. Imagine the following situation: You have just received a tip that six suicide bombers are making their way into the heart of Israel’s major cities, each one to a different city, to set off an explosion in the most crowded centers of population. How far would you go to stop the attack? How would you sleep at night if you failed and one of the six terrorists reached his target and murdered dozens of innocent people? What would you do the next morning to extract your country from this murderous vicious cycle? For six former heads of the Shin Bet (Israel’s internal security service), these were not hypothetical questions, but the realities and tormenting way of life for decades. In The Gatekeepers, which is based on extensive and lengthy interviews conducted to produce the award-winning film of the same name, six former heads of the Shin Bet speak with unprecedented candor on how they handled the toughest and tensest moments of their lives; on matters of life and death; on the missions they were involved in; on the historic opportunities for a better future that were missed by the leaders under whom they served, and the scars each of them bears until this very day. The Gatekeepers is a piercing and cruel self-examination of Israel’s security establishment and of a nation that has lived by its sword for so many years but has lost its faith in its ability to lay it down. Skyhorse Publishing, as well as our Arcade imprint, are proud to publish a broad range of books for readers interested in history--books about World War II, the Third Reich, Hitler and his henchmen, the JFK assassination, conspiracies, the American Civil War, the American Revolution, gladiators, Vikings, ancient Rome, medieval times, the old West, and much more. While not every title we publish becomes a New York Times bestseller or a national bestseller, we are committed to books on subjects that are sometimes overlooked and to authors whose work might not otherwise find a home.

A supernatural fiction with high relationship drama and adventure, sure to please many fantasy lovers – epic, coming of age, spiritual, metaphysical – from young adults up to all ages. She died long ago. Now destiny needs her intervention. Pipiera barely remembers living. And in the many years since she left Earth, the only real connection she’s built is with the head gatekeeper to the ethereal kingdom. So she hates leaving his side when his future replacement falls into trouble and she must go back to stop the boy from taking a dark path. Resolving to make her mentor proud, Pipiera is horrified after she arrives to find her charge beaten and left for dead with his spirit on the loose. As she struggles to rescue his incorporeal form, she faces a fight for his trust against a shadowy opponent, only to discover she'd been trapped. And forgotten. Will she overcome? Or will she succumb to her mentor's curse? The Gatekeeper's Descendants is the extraordinary first book in a unique inspirational fantasy series. If you like characters worth connecting to, rich allegories and supernatural stories that take place in a world beyond, you'll definitely enjoy Johanna Frank's thrilling adventure through the heart. “The words simply flowed across each page, I couldn’t put the book down.” A fantasy novel reviewer.

TJ Young has been surrounded by magic his entire life, yet he has never tapped into it? until now.Fourteen-year-old TJ grew up normal in a secret community of gifted diviners in the heart of modern-day Los Angeles. His powerful sister was ordained to lead his people into a new age of prosperity, but her mysterious death in Nigeria threatens to destroy the very foundations of TJ's world.Desperate to pick up where his sister left off and uncover the secrets behind her questionable death, TJ commits himself to unlocking the magical heritage that has always eluded him. So he enrolls in Camp Olosa-a remedial magic school for the divinely less-than-gifted in the humid swamps of New Orleans.But little does he know, TJ is destined to cross paths with powerful spirits of old thought lost to time: the orishas.Delve into this young adult fantasy based on the mythology of the West African Orishas, where TJ will encounter unlikely allies, tough-as-gatorhide instructors, and the ancient secrets of the orishas.