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From malaise to meltdown : the international origins of financial folly, 1844-
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ISBN: 1487535112 1487535104 Year: 2020 Publisher: Toronto ; Buffalo ; London : University of Toronto Press,

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For the past two centuries, the great power sitting atop the international global financial system has enjoyed outsized rewards. As the saying goes, however, all good things come to an end. Providing insights into the evolution of the global political economy, From Malaise to Meltdown identifies the main instigators behind the global financial crises we’ve seen in the last two hundred years. Michael Lee shows that, in time, power diffuses from the leading economy to others, creating an intensely competitive push for global financial leadership. Hungry for the benefits of global leadership, declining leaders and aspiring challengers alike roll back long-standing regulatory safeguards in an effort to spark growth. Risks to global financial stability mount as a result of this rollback and waves of severe financial crises soon follow. As Lee deftly shows, the Long Depression of 1873–1896, the Great Depression of 1929–1939, and the financial crisis of 2008 are part of the same recurrent pattern: global competition disrupts the longstanding political equilibria, prompting a search for new, risky ideas among the most powerful states. From Malaise to Meltdown presents a sweeping but accessible historical narrative about the coevolution of power, ideas, and domestic politics, supported by archival research into the risky decisions that ushered in the worst financial crises in history.


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Small-Town America
Author:
ISBN: 129940278X 1400846498 9781400846498 9780691157207 0691157200 9780691165820 Year: 2013 Publisher: Princeton, NJ

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More than thirty million Americans live in small, out-of-the-way places. Many of them could have joined the vast majority of Americans who live in cities and suburbs. They could live closer to more lucrative careers and convenient shopping, a wider range of educational opportunities, and more robust health care. But they have opted to live differently. In Small-Town America, we meet factory workers, shop owners, retirees, teachers, clergy, and mayors--residents who show neighborliness in small ways, but who also worry about everything from school closings and their children's futures to the ups and downs of the local economy. Drawing on more than seven hundred in-depth interviews in hundreds of towns across America and three decades of census data, Robert Wuthnow shows the fragility of community in small towns. He covers a host of topics, including the symbols and rituals of small-town life, the roles of formal and informal leaders, the social role of religious congregations, the perception of moral and economic decline, and the myriad ways residents in small towns make sense of their own lives. Wuthnow also tackles difficult issues such as class and race, abortion, homosexuality, and substance abuse. Small-Town America paints a rich panorama of individuals who reside in small communities, finding that, for many people, living in a small town is an important part of self-identity.

Keywords

Communities --- Cities and towns --- Community --- Social groups --- Global cities --- Municipalities --- Towns --- Urban areas --- Urban systems --- Human settlements --- Sociology, Urban --- United States --- Republicans. --- Suzanne Keller. --- abortion. --- agriculture. --- antipathy. --- athletics. --- big government. --- bureaucracy. --- career opportunities. --- caring. --- children. --- church closure. --- civic responsibilities. --- class. --- college. --- community life. --- community spirit. --- community ties. --- community. --- creationism. --- economic decline. --- education. --- educators. --- employment. --- ethnic diversity. --- evolution. --- family. --- frog-pond effect. --- future planning. --- gentry. --- grassroots activism. --- higher education. --- homecoming festivals. --- homosexuality. --- immigration. --- job opportunities. --- leaders. --- leadership. --- living standards. --- loyalty. --- membership criteria. --- metropolitan areas. --- money. --- moral decline. --- nature. --- neighborliness. --- neighbors. --- parents. --- pensioners. --- politics. --- population decline. --- populism. --- public officials. --- racial diversity. --- religion. --- religious buildings. --- religious congregations. --- religious organizations. --- religious participation. --- respect. --- ritual. --- school curriculum. --- self-identity. --- service class. --- slow pace. --- small towns. --- small-town life. --- social innovation. --- social networks. --- social strata. --- socioeconomic status. --- stereotypes. --- sustainable energy. --- technology. --- territory. --- townspeople. --- voluntary organizations. --- wageworkers. --- welfare. --- work. --- young people.


Book
Bright Lights, Big Cities : Measuring National and Subnational Economic Growth in Africa from Outer Space, with an Application to Kenya and Rwanda.
Authors: --- ---
Year: 2015 Publisher: Washington, D.C. : The World Bank,

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This paper uses the night lights (satellite imagery from outer space) approach to estimate growth in and levels of subnational 2013 gross domestic product for 47 counties in Kenya and 30 districts in Rwanda. Estimating subnational gross domestic product is consequential for three reasons. First, there is strong policy interest in how growth can occur in different parts of countries, so that communities can share in national prosperity and not get left behind. Second, subnational entities want to understand how they stack up against their neighbors and competitors, and how much they contribute to national gross domestic product. Third, such information could help private investors to assess where to undertake investments. Using night lights has the advantage of seeing a new and more accurate estimation of informal activity, and being independent of official data. However, the approach may underestimate economic activity in sectors that are largely unlit notably agriculture. For Kenya, the results of the analysis affirm that Nairobi County is the largest contributor to national gross domestic product. However, at 13 percent, this contribution is lower than commonly thought. For Rwanda, the three districts of Kigali account for 40 percent of national gross domestic product, underscoring the lower scale of economic activity in the rest of the country. To get a composite picture of subnational economic activity, especially in the context of rapidly improving official statistics in Kenya and Rwanda, it is important to estimate subnational gross domestic product using standard approaches (production, expenditure, income).


Book
Bright Lights, Big Cities : Measuring National and Subnational Economic Growth in Africa from Outer Space, with an Application to Kenya and Rwanda.
Authors: --- ---
Year: 2015 Publisher: Washington, D.C. : The World Bank,

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Abstract

This paper uses the night lights (satellite imagery from outer space) approach to estimate growth in and levels of subnational 2013 gross domestic product for 47 counties in Kenya and 30 districts in Rwanda. Estimating subnational gross domestic product is consequential for three reasons. First, there is strong policy interest in how growth can occur in different parts of countries, so that communities can share in national prosperity and not get left behind. Second, subnational entities want to understand how they stack up against their neighbors and competitors, and how much they contribute to national gross domestic product. Third, such information could help private investors to assess where to undertake investments. Using night lights has the advantage of seeing a new and more accurate estimation of informal activity, and being independent of official data. However, the approach may underestimate economic activity in sectors that are largely unlit notably agriculture. For Kenya, the results of the analysis affirm that Nairobi County is the largest contributor to national gross domestic product. However, at 13 percent, this contribution is lower than commonly thought. For Rwanda, the three districts of Kigali account for 40 percent of national gross domestic product, underscoring the lower scale of economic activity in the rest of the country. To get a composite picture of subnational economic activity, especially in the context of rapidly improving official statistics in Kenya and Rwanda, it is important to estimate subnational gross domestic product using standard approaches (production, expenditure, income).


Book
Europe's Orphan : The Future of the Euro and the Politics of Debt - New Edition
Authors: ---
Year: 2017 Publisher: Princeton, NJ : Princeton University Press,

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Originally conceived as part of a unifying vision for Europe, the euro is now viewed as a millstone around the neck of a continent crippled by vast debts, sluggish economies, and growing populist dissent. In Europe's Orphan, leading economic commentator Martin Sandbu presents a compelling defense of the euro. He argues that rather than blaming the euro for the political and economic failures in Europe since the global financial crisis, the responsibility lies firmly on the authorities of the eurozone and its member countries. The eurozone's self-inflicted financial calamities and economic decline resulted from a toxic cocktail of unforced policy errors by bankers, politicians, and bureaucrats; the unhealthy coziness between finance and governments; and, above all, an extreme unwillingness to restructure debt.Sandbu traces the origins of monetary union back to the desire for greater European unity after the Second World War. But the euro's creation coincided with a credit bubble that governments chose not to rein in. Once the crisis hit, a battle of both ideas and interests led to the failure to aggressively restructure sovereign and bank debt. Ideologically informed choices set in motion dynamics that encouraged more economic mistakes and heightened political tensions within the eurozone. Sandbu concludes that the prevailing view that monetary union can only work with fiscal and political union is wrong and dangerous-and risks sending the continent into further political paralysis and economic stagnation.Contending that the euro has been wrongfully scapegoated for the eurozone's troubles, Europe's Orphan charts what actually must be done for the continent to achieve an economic and political recovery.This revised edition contains a new preface addressing the economic and political implications of Brexit, as well as updated text throughout. Europe's Orphan charts what actually must be done for the continent to achieve a full recovery.

Keywords

Debt relief --- Financial crises --- Eurozone. --- Euro. --- Monetary policy --- Money --- 2000-2099 --- Europe --- European Union countries --- Economic conditions --- Economic policy. --- Berlin. --- Brexit. --- Britain. --- Dublin. --- EU. --- Europe. --- European Financial Stability Facility. --- European economies. --- European economy. --- European nation states. --- European policymaking. --- European unity. --- German money. --- Germany. --- Greece. --- International Monetary Fund. --- Ireland. --- Irish banks. --- Irish economic policy. --- United Kingdom. --- account deficits. --- aggregate demand management. --- balance-of-payments crises. --- bank debt. --- collective fiscal stance. --- countercyclical fiscal policies. --- currency union. --- debt writedowns. --- debt. --- economic challenges. --- economic decline. --- economic suffering. --- euro. --- eurozone countries. --- eurozone economy. --- eurozone policymakers. --- eurozone. --- exchange rates. --- financial aid. --- financial fragmentation. --- financial markets. --- financial transfers. --- global financial crisis. --- individual currencies. --- investments. --- labour. --- monetary union. --- mutualised debt issuance. --- national autonomy. --- national governments. --- policy. --- political ill will. --- productivity. --- recession. --- rescue fund. --- restructuring. --- single currency. --- single interest rate. --- sovereign debt crisis. --- sovereign debt restructuring. --- sovereign debt. --- sovereign restructuring. --- trade. --- uncertainty. --- unity.


Book
The 1970s : a new global history from civil rights to economic inequality
Author:
ISBN: 0691141568 069115791X 9786613267443 1283267446 140083970X 9780691141565 Year: 2012 Publisher: Princton, N.J. : Princeton University Press,

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The 1970's looks at an iconic decade when the cultural left and economic right came to the fore in American society and the world at large. While many have seen the 1970's as simply a period of failures epitomized by Watergate, inflation, the oil crisis, global unrest, and disillusionment with military efforts in Vietnam, Thomas Borstelmann creates a new framework for understanding the period and its legacy. He demonstrates how the 1970's increased social inclusiveness and, at the same time, encouraged commitments to the free market and wariness of government. As a result, American culture and much of the rest of the world became more--and less--equal. Borstelmann explores how the 1970's forged the contours of contemporary America. Military, political, and economic crises undercut citizens' confidence in government. Free market enthusiasm led to lower taxes, a volunteer army, individual 401(k) retirement plans, free agency in sports, deregulated airlines, and expansions in gambling and pornography. At the same time, the movement for civil rights grew, promoting changes for women, gays, immigrants, and the disabled. And developments were not limited to the United States. Many countries gave up colonial and racial hierarchies to develop a new formal commitment to human rights, while economic deregulation spread to other parts of the world, from Chile and the United Kingdom to China. Placing a tempestuous political culture within a global perspective, The 1970's shows that the decade wrought irrevocable transformations upon American society and the broader world that continue to resonate today. Some images inside the book are unavailable due to digital copyright restrictions.

Keywords

Equality --- Nineteen seventies. --- History --- United States --- Social conditions --- Politics and government --- Economic conditions --- Foreign relations --- Commerce --- Egalitarianism --- Inequality --- Social equality --- Social inequality --- Political science --- Sociology --- Democracy --- Liberty --- 1970s --- 70s (Twentieth century decade) --- Seventies (Twentieth century decade) --- Twentieth century --- ABŞ --- ABSh --- Ameerika Ühendriigid --- America (Republic) --- Amerika Birlăshmish Shtatlary --- Amerika Birlăşmi Ştatları --- Amerika Birlăşmiş Ştatları --- Amerika ka Kelenyalen Jamanaw --- Amerika Qūrama Shtattary --- Amerika Qŭshma Shtatlari --- Amerika Qushma Shtattary --- Amerika (Republic) --- Amerikai Egyesült Államok --- Amerikanʹ Veĭtʹsėndi︠a︡vks Shtattnė --- Amerikări Pĕrleshu̇llĕ Shtatsem --- Amerikas Forenede Stater --- Amerikayi Miatsʻyal Nahangner --- Ameriketako Estatu Batuak --- Amirika Carékat --- AQSh --- Ar. ha-B. --- Arhab --- Artsot ha-Berit --- Artzois Ha'bris --- Bí-kok --- Ē.P.A. --- EE.UU. --- Egyesült Államok --- ĒPA --- Estados Unidos --- Estados Unidos da América do Norte --- Estados Unidos de América --- Estaos Xuníos --- Estaos Xuníos d'América --- Estatos Unitos --- Estatos Unitos d'America --- Estats Units d'Amèrica --- Ètats-Unis d'Amèrica --- États-Unis d'Amérique --- Fareyniḳṭe Shṭaṭn --- Feriene Steaten --- Feriene Steaten fan Amearika --- Forente stater --- FS --- Hēnomenai Politeiai Amerikēs --- Hēnōmenes Politeies tēs Amerikēs --- Hiwsisayin Amerikayi Miatsʻeal Tērutʻiwnkʻ --- Istadus Unidus --- Jungtinės Amerikos valstybės --- Mei guo --- Mei-kuo --- Meiguo --- Mî-koet --- Miatsʻyal Nahangner --- Miguk --- Na Stàitean Aonaichte --- NSA --- S.U.A. --- SAD --- Saharat ʻAmērikā --- SASht --- Severo-Amerikanskie Shtaty --- Severo-Amerikanskie Soedinennye Shtaty --- Si︠e︡vero-Amerikanskīe Soedinennye Shtaty --- Sjedinjene Američke Države --- Soedinennye Shtaty Ameriki --- Soedinennye Shtaty Severnoĭ Ameriki --- Soedinennye Shtaty Si︠e︡vernoĭ Ameriki --- Spojené obce severoamerické --- Spojené staty americké --- SShA --- Stadoù-Unanet Amerika --- Stáit Aontaithe Mheiriceá --- Stany Zjednoczone --- Stati Uniti --- Stati Uniti d'America --- Stâts Unîts --- Stâts Unîts di Americhe --- Steatyn Unnaneysit --- Steatyn Unnaneysit America --- SUA (Stati Uniti d'America) --- Sŭedineni amerikanski shtati --- Sŭedinenite shtati --- Tetã peteĩ reko Amérikagua --- U.S. --- U.S.A. --- United States of America --- Unol Daleithiau --- Unol Daleithiau America --- Unuiĝintaj Ŝtatoj de Ameriko --- US --- USA --- Usono --- Vaeinigte Staatn --- Vaeinigte Staatn vo Amerika --- Vereinigte Staaten --- Vereinigte Staaten von Amerika --- Verenigde State van Amerika --- Verenigde Staten --- VS --- VSA --- Wááshindoon Bikéyah Ałhidadiidzooígíí --- Wilāyāt al-Muttaḥidah --- Wilāyāt al-Muttaḥidah al-Amirīkīyah --- Wilāyāt al-Muttaḥidah al-Amrīkīyah --- Yhdysvallat --- Yunaeted Stet --- Yunaeted Stet blong Amerika --- ZDA --- Združene države Amerike --- Zʹi︠e︡dnani Derz︠h︡avy Ameryky --- Zjadnośone staty Ameriki --- Zluchanyi︠a︡ Shtaty Ameryki --- Zlucheni Derz︠h︡avy --- ZSA --- Η.Π.Α. --- Ηνωμένες Πολιτείες της Αμερικής --- Америка (Republic) --- Американь Вейтьсэндявкс Штаттнэ --- Америкӑри Пӗрлешӳллӗ Штатсем --- САЩ --- Съединените щати --- Злучаныя Штаты Амерыкі --- ولايات المتحدة --- ولايات المتّحدة الأمريكيّة --- ولايات المتحدة الامريكية --- 미국 --- 1960s. --- 1970s. --- African Americans. --- American culture. --- American history. --- American politics. --- American society. --- Jimmy Carter. --- U.S. economy. --- Vietnam. --- Watergate scandal. --- civil rights. --- class differences. --- cultural left. --- cultural liberalism. --- deregulation. --- diverse public culture. --- economic changes. --- economic conservatism. --- economic decline. --- economic deregulation. --- economic insecurity. --- economic right. --- egalitarianism. --- environmentalism. --- ethnic diversity. --- formal equality. --- free market. --- free-market economics. --- free-market values. --- gender hierarchies. --- gender segregation. --- gender. --- globalization. --- homosexuality. --- human equality. --- human rights. --- imperialism. --- inclusiveness. --- individualism. --- inequalities. --- inflation. --- mainstream American culture. --- market solutions. --- market values. --- military retrenchment. --- national self-determination. --- oil crisis. --- political corruption. --- political development. --- public authority. --- racial diversity. --- racism. --- recession. --- religion. --- social development. --- social inclusiveness. --- socialism. --- world history. --- États-Unis --- É.-U. --- ÉU

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