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Real estate finance is a fast-developing area where top quality research is in great demand. In the US, the real estate market is worth about US$4 trillion, and the REITs market about US$200 billion; tens of thousands of real estate professionals are working in this area. The market overseas could be considerably larger, especially in Asia.

Given the rapidly growing real estate securities industry, this book fills an important gap in current real estate research and teaching. It is an ideal reference for investment professionals as well as senior MBA and PhD students.

In the 1990s Taiwan and Poland were similarly plagued by the inroads of massive commercialism amidst diminishing cultural resources. Along with newly gained autonomy and cultural awakening, national identity had become a pressing issue. This book includes essays from a conference co-sponsored by the National Science Council, Taiwan, and the Polish Academy of Sciences, held in Warsaw between October 15 and 17, 2000. The contributions address the issues of localization and/or globalization in the age of transitions in Taiwan, Poland, and neighboring countries (Czech Republic, Lithuania, and...