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When it comes to strategy, how should we define victory? For centuries, Eastern and Western thinkers have grappled with this question, offering different answers. What can we learn from this difference? In The Art of Strategy, Moon provides a novel and systematic integration of the two dominant frameworks of the East and West: Sun Tzu's military strategy and Michael Porter's business strategy. This unlikely combination of thinking suggests an innovative extension of our understanding and practice of strategy, which will appeal to scholars, students, practitioners and general readers with an interest in strategy. By aligning the perspectives of these two great thinkers, Moon argues that true winning is about maximizing and optimizing overall value for all engaged stakeholders, and this requires a more efficient approach to strategy.

Strategic planning. --- Management. --- Military strategy. --- Military strategy --- Military art and science --- Military doctrine --- Administration --- Industrial relations --- Organization --- Goal setting (Strategic planning) --- Planning, Strategic --- Strategic intent (Strategic planning) --- Strategic management --- Planning --- Business planning --- Porter, Michael E., --- Sunzi, --- Sonja, --- Sonshi, --- Ssun-ds', --- Sun, Tse, --- Sun, T︠S︡zy, --- Sun, Tze, --- Sun, Tzu, --- Sun, Ze, --- Tôn-tử, --- 孙子, --- 孫子, --- Sun-tzu, --- Sun, Changqing, --- Sun, Chʻang-chʻing, --- 孙长卿, --- Sun, Wu, --- 孙武, --- 孫武, --- Sunwuzi, --- Tôn-Võ Tử, --- 孙武子, --- Bingsheng, --- 兵圣, --- Bingjiazhisheng, --- 兵家至圣, --- سون زي،, --- סון צו, --- Sun tzu Wu, --- Sun zi Wu, --- Tse, Sun, --- Tzu, Sun, --- Wu, Sun, --- Wu, Sun Tzu, --- Ze, Sun, --- Porter, M.E. --- 波特 --- Sunzi bing fa (Sunzi) --- Sun zi bing fa (Sunzi) --- Song ben shi yi jia zhu Sunzi (Sunzi) --- Shi yi jia zhu Sunzi (Sunzi) --- Sunzi du ben (Sunzi) --- Sunzi bai hua jie (Sunzi) --- Sunzi shi jia zhu shi (Sunzi) --- Sonshi heihō (Sunzi) --- Sonshi (Sunzi) --- Sunzi xuan zhu (Sunzi) --- Sunzi quan yi (Sunzi) --- Sun-tzu ping fa (Sun-tzu) --- Competition.

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This compilation of chapters of the Africa Yearbook (2009-2018) confirms that the people of Central African Republic experienced dramatic events over a period of ten years, not only from 2013 onwards when the Séléka rebels managed to take the capital Bangui. The scattered arenas of conflict demand a differentiated look at local dynamics and actor constellations. Outside influences have interfered with domestic politics and socio-economic developments while CAR’s humanitarian crises and above all refugees and IDPs have triggered international responses on an unprecedented scale for a country that has now left the shadow zone of a typical “aid orphan”. A bibliography of recent scholarly work complements the collection of articles.

Economics --- Philosophy. --- Since 2000 --- Central African Republic --- République centrafricaine --- Central African Republic. --- History --- Politics and government --- Economic conditions --- Histoire --- Politique et gouvernement --- Afrika Erdiko Errepublika --- Afrika Qendrore --- CAF --- CAR --- Cema Afrika Fasojamana --- Centr-Afrika Respubliko --- Centraal-Afrikaanse Republiek --- Centrafrika --- Centrafrique --- Centrālāfrika --- Centralafrikanska republiken --- Centralafrikanske Republik --- Centralnoafrička Republika --- Centralnoafriska republika --- Centrinės Afrikos Respublika --- Cộng hòa Trung Phi --- Gweriniaeth Canolbarth Affrica --- ha-Republiḳah ha-Merkaz-Afriḳaʼit --- Jamhuri ya Afrika ya Kati --- Kentroaphrikanikē Dēmokratia --- Kesk-Aafrika Vabariik --- Ködörösêse tî Bêafrîka --- Közép-afrikai Köztársaság --- Märkäzi Afrika Respublikası --- Merkez Afrika Respublikası --- Mið-Afríkulýðveldið --- Miðafrikalýðveldið --- Middel Affricanisc Cynewīse --- Naakaii Łizhinii Bikéyah Beʼałnííʼ --- Ȯr Aprikin Orn --- Orta Afrika Cumhuriyeti --- Pobblaght yn Affrick Veanagh --- Poblachd Meadhan Afraga --- Poblachd Mheadhan Aifric --- Poblacht na hAfraice Láir --- R.C.A. --- RCA --- Repubblica Centrafricana --- Republica Africa Central --- Rèpublica centrafriquêna --- República Centreafricana --- República Centro-Africana --- Republica Centroafrican --- República Centroafricana --- Republica Chendroafrican --- Republik Afrika Tengah --- Republik Afrika Teungoh --- Republik Kreizafrikan --- Republika Środkowoafrykańska --- Republika ti Tengnga nga Aprika --- Republiḳah ha-Merkaz-Afriḳaʼit --- Republikang Sentral Aprikano --- Repúbrica Centroafricana --- Ripublik Aprika Tangah --- Sentraal-Afrikaanse Republiek --- Sentral na Aprikanong Republika --- Sentralafrikanske republikk --- Sintraal-Afrikaanske Republyk --- Srednjoafrička Republika --- Středoafrická republika --- Tiong-hui Kiōng-hô-kok --- TsAR --- Tsėntralʹna-Afrykanskai͡a Rėspublika --- T͡Sentralnoafrikanska republika --- T͡Sentralʹnoafrikanskai͡a Respublika --- T͡Sentralon Afrikæĭy Respublikæ --- Tu̇b Afrikyn Bu̇gėdė Naĭramdakha Ulas --- Tu̇b Afrikyn Ulas --- Zentralafrikanische Republik --- Zentralafrikanischi Republik --- Cεma Afrika Fasojamana --- Republica Africa Centrală --- Republica Chendroafricanã --- TsAR (Tsėntralʹna-Afrykanskai︠a︡ Rėspublika) --- Tsėntralʹna-Afrykanskai︠a︡ Rėspublika --- T︠S︡entralnoafrikanska republika --- T︠S︡entralʹnoafrikanskai︠a︡ Respublika --- T︠S︡entralon Afrikæĭy Respublikæ --- Κεντροαφρικανική Δημοκρατία --- ЦАР --- Цэнтральна-Афрыканская Рэспубліка --- Централноафриканска република --- Централон Африкæйы Республикæ --- רפובליקה המרכז-אפריקאית --- הרפובליקה המרכז-אפריקאית --- Central African Empire --- Ubangi-Shari

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The Central African Republic (C.A.R.) is a fragile state with an unstable security environment and widespread poverty. Macroeconomic conditions have stabilized following the 2013 crisis: growth has resumed, inflation has declined, domestic revenues have recovered, and debt ratios have decreased. The government’s economic strategy is supported by an arrangement under the Extended Credit Facility (ECF)—launched in July 2016—with total access of SDR 133.68 million (120 percent of quota). Program performance has been satisfactory. All end-June 2018 quantitative and continuous performance criteria were met. Discussions focused on the 2019 budget, policy responses to a higher global oil price, and reforms to improve public financial management and governance. The program is supported by union-level efforts to maintain an appropriate monetary policy stance, build up regional reserves, and promote financial sector stability.

Central African Republic --- Afrika Erdiko Errepublika --- Afrika Qendrore --- CAF --- CAR --- Cema Afrika Fasojamana --- Centr-Afrika Respubliko --- Centraal-Afrikaanse Republiek --- Centrafrika --- Centrafrique --- Centrālāfrika --- Centralafrikanska republiken --- Centralafrikanske Republik --- Centralnoafrička Republika --- Centralnoafriska republika --- Centrinės Afrikos Respublika --- Cộng hòa Trung Phi --- Cεma Afrika Fasojamana --- Gweriniaeth Canolbarth Affrica --- ha-Republiḳah ha-Merkaz-Afriḳaʼit --- Jamhuri ya Afrika ya Kati --- Kentroaphrikanikē Dēmokratia --- Kesk-Aafrika Vabariik --- Ködörösêse tî Bêafrîka --- Közép-afrikai Köztársaság --- Märkäzi Afrika Respublikası --- Merkez Afrika Respublikası --- Mið-Afríkulýðveldið --- Miðafrikalýðveldið --- Middel Affricanisc Cynewīse --- Naakaii Łizhinii Bikéyah Beʼałnííʼ --- Ȯr Aprikin Orn --- Orta Afrika Cumhuriyeti --- Pobblaght yn Affrick Veanagh --- Poblachd Meadhan Afraga --- Poblachd Mheadhan Aifric --- Poblacht na hAfraice Láir --- R.C.A. --- RCA --- Repubblica Centrafricana --- Republica Africa Centrală --- Rèpublica centrafriquêna --- República Centreafricana --- República Centro-Africana --- Republica Centroafrican --- República Centroafricana --- Republica Chendroafricanã --- Republik Afrika Tengah --- Republik Afrika Teungoh --- Republik Kreizafrikan --- Republika Środkowoafrykańska --- Republika ti Tengnga nga Aprika --- Republiḳah ha-Merkaz-Afriḳaʼit --- Republikang Sentral Aprikano --- République centrafricaine --- Repúbrica Centroafricana --- Ripublik Aprika Tangah --- Sentraal-Afrikaanse Republiek --- Sentral na Aprikanong Republika --- Sentralafrikanske republikk --- Sintraal-Afrikaanske Republyk --- Srednjoafrička Republika --- Středoafrická republika --- Tiong-hui Kiōng-hô-kok --- TsAR (Tsėntralʹna-Afrykanskai︠a︡ Rėspublika) --- Tsėntralʹna-Afrykanskai︠a︡ Rėspublika --- T︠S︡entralnoafrikanska republika --- T︠S︡entralʹnoafrikanskai︠a︡ Respublika --- T︠S︡entralon Afrikæĭy Respublikæ --- Tu̇b Afrikyn Bu̇gėdė Naĭramdakha Ulas --- Tu̇b Afrikyn Ulas --- Zentralafrikanische Republik --- Zentralafrikanischi Republik --- Κεντροαφρικανική Δημοκρατία --- ЦАР --- Цэнтральна-Афрыканская Рэспубліка --- Централноафриканска република --- Централон Африкæйы Республикæ --- רפובליקה המרכז-אפריקאית --- הרפובליקה המרכז-אפריקאית --- Central African Empire --- Ubangi-Shari --- Budgeting --- Exports and Imports --- Macroeconomics --- Money and Monetary Policy --- Public Finance --- Taxation, Subsidies, and Revenue: General --- International Lending and Debt Problems --- National Budget --- Budget Systems --- National Government Expenditures and Related Policies: General --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Energy: Demand and Supply --- Prices --- Public finance & taxation --- International economics --- Budgeting & financial management --- Monetary economics --- Revenue administration --- Arrears --- Budget planning and preparation --- Credit --- Oil prices --- External debt --- Public financial management (PFM) --- Money --- Revenue --- Debts, External --- Budget

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Economic history. --- Economic policy. --- Luxembourg --- Economic conditions. --- Economic nationalism --- Economic planning --- National planning --- State planning --- Economics --- Planning --- National security --- Social policy --- Economic conditions --- History, Economic --- Luxemburg --- Letzeburg --- Grand-Duché de Luxembourg --- Li︠u︡ksemburg --- Grand Duchy of Luxembourg --- Lussemburgo --- Wielkie Księstwo Luksemburga --- Groussherzogtum Lëtzebuerg --- Lëtzebuerg --- Grossherzogtum Luxemburg --- Luksèmburg --- Groothertogdom Luxemburg --- لوكسمبورغ --- Lūksumbūrigh --- Luxemburgo --- Gran Ducato de Luxemburgo --- Luxembôrg --- Grant-Duchâ de Luxembôrg --- Luxemburgu --- Gran Ducáu de Luxemburgu --- Lüksemburq --- Люксембург --- Li︠u︡ksemburh --- Luhemburgo --- Veliko vojvodstvo Luksemburg --- Gran Ducat de Luxemburg --- Lucembursko --- Velkovévodství lucemburské --- Lussemburgu --- Granducatu di Lussemburgu --- Lwcsembwrg --- Archddugiaeth Lwcsembwrg --- Storhertugdømmet Luxembourg --- Luksemburgi Suurhertsogiriik --- Látsębooʼ --- Λουξεμβούργο --- Louxemvourgo --- Μέγα Δουκάτο του Λουξεμβούργου --- Mega Doukato tou Louxemvourgou --- Lussembûrgh --- Granduchê ed Lussembûrgh --- Gran Ducado de Luxemburgo --- Luksemburgo --- Grandduklando Luksemburgo --- Lussembulgu --- Luxenburgo --- Luxenburgoko Dukerri Handia --- Lúksemboarch --- Gruthartochdom Lúksemboarch --- Lussemburc --- Lucsamburg --- Ard-Diúcacht Lucsamburg --- Lucsemburg --- Ard-Diucaght Lucsemburg --- Lucsambourg --- Lù-sêm-pó --- 룩셈부르크 --- Luksemburŭkʻŭ --- Lukemapuka --- Luxemburgia --- Keharyapatihan Luksemburg --- Stórhertogadæmið Lúxemborg --- Granducato di Lussemburgo --- לוקסמבורג --- הדוכסות הגדולה של לוקסמבורג --- Dukasut ha-gedolah shel Luḳsemburg --- ルクセンブルク --- Rukusenburuku --- ルクセンブルグ --- Rukusenburugu

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This Technical Note discusses the findings and recommendations made in the 2017 Financial Sector Assessment Program for Luxembourg in areas of regulation, supervision, and systemic risk monitoring of fund management. Certain structural elements of the Luxembourg fund management industry, particularly the extensive use of delegation and concentration of fund directorships, merit increased supervisory analysis and attention beyond the current activities. The Luxembourg framework for liquidity management tools compares favorably with its peers at both the EU and international level. Information on leverage of funds is of potential relevance from a systemic risk perspective. The Luxembourg authorities have also been actively monitoring and contributing to discussions on the EU money market funds regulation.

Luxembourg. --- Archddugiaeth Lwcsembwrg --- Ard-Diúcacht Lucsamburg --- Ard-Diucaght Lucsemburg --- Dukasut ha-gedolah shel Luḳsemburg --- Gran Ducado de Luxemburgo --- Gran Ducat de Luxemburg --- Gran Ducato de Luxemburgo --- Gran Ducáu de Luxemburgu --- Grand-Duché de Luxembourg --- Grand Duchy of Luxembourg --- Grandduklando Luksemburgo --- Granducato di Lussemburgo --- Granducatu di Lussemburgu --- Granduchê ed Lussembûrgh --- Grant-Duchâ de Luxembôrg --- Groothertogdom Luxemburg --- Grossherzogtum Luxemburg --- Groussherzogtum Lëtzebuerg --- Gruthartochdom Lúksemboarch --- Keharyapatihan Luksemburg --- Látsębooʼ --- Lëtzebuerg --- Letzeburg --- Li︠u︡ksemburg --- Li︠u︡ksemburh --- Louxemvourgo --- Lù-sêm-pó --- Lucembursko --- Lucsambourg --- Lucsamburg --- Lucsemburg --- Luhemburgo --- Lukemapuka --- Lúksemboarch --- Luksèmburg --- Luksemburgi Suurhertsogiriik --- Luksemburgo --- Lüksemburq --- Luksemburŭkʻŭ --- Lūksumbūrigh --- Lussembulgu --- Lussemburc --- Lussembûrgh --- Lussemburgo --- Lussemburgu --- Luxembôrg --- Luxemburg --- Luxemburgia --- Luxemburgo --- Luxemburgu --- Luxenburgo --- Luxenburgoko Dukerri Handia --- Lwcsembwrg --- Mega Doukato tou Louxemvourgou --- Rukusenburugu --- Rukusenburuku --- Stórhertogadæmið Lúxemborg --- Storhertugdømmet Luxembourg --- Veliko vojvodstvo Luksemburg --- Velkovévodství lucemburské --- Wielkie Księstwo Luksemburga --- Μέγα Δουκάτο του Λουξεμβούργου --- Λουξεμβούργο --- Люксембург --- לוקסמבורג --- הדוכסות הגדולה של לוקסמבורג --- لوكسمبورغ --- ルクセンブルク --- ルクセンブルグ --- 룩셈부르크 --- Banks and Banking --- Finance: General --- Investments: General --- Industries: Financial Services --- Pension Funds --- Non-bank Financial Institutions --- Financial Instruments --- Institutional Investors --- Financing Policy --- Financial Risk and Risk Management --- Capital and Ownership Structure --- Value of Firms --- Goodwill --- Portfolio Choice --- Investment Decisions --- General Financial Markets: General (includes Measurement and Data) --- Finance --- Financial services law & regulation --- Investment & securities --- Mutual funds --- Financial instruments --- Liquidity risk --- Liquidity management --- Securities --- Financial institutions --- Financial regulation and supervision --- Asset and liability management --- Financial risk management --- Liquidity --- Economics --- Luxembourg