... the subject of intense debate, with proponents of a sudden shift of views of (foreign) investors as the main cause on one side and proponents of weak fundamentals as the major cause on the other ... when the bank is economically insolvent The tradeoffs involved will, among others, be of a public choice nature and include the importance ofthe particular financial institution to the local economy ... credit away from other segments oftheeconomy like the small and medium-sized enterprisesat the time ofthe systemic crisis This, coupled with the fact that significant forbearance of already weak...
... Gertler 2004) Another Lofgren & Benner ThePoliticalEconomyofthe ‘New Biology’ – preliminary draft only core theme in the understanding ofthe role ofthe state in the knowledge-based economy (innovation ... Lofgren & Benner ThePoliticalEconomyofthe ‘New Biology’ – preliminary draft only ThePoliticalEconomyofthe ‘New Biology’: Biotechnology and the Competition State Abstract The central ... (the dynamics of firms and economic sectors) with politicaleconomy (research on the social and political regulation of economic relations) and thereby contributing to the analysis of state forms...
... from the governments ofthe Länder (states) The Zentralbankrat is then again consulted In the Netherlands, the president and the director-secretary ofthe Nederlandsche Bank are appointed by the ... clusters: the appointment, dismissal, and legal term of office ofthe governor ofthe central bank; the institutional location ofthe final authority for monetary policy and the procedures for the ... the percentage ofpolitical changes that are followed by changes in the governorship ofthe central bank They therefore develop an indicator ofthepolitical vulnerability ofthe central bank,...
... variables, such as the level of GDP per worker, the openness ofthe economy, the level of debt and the share of agriculture, and with other socio-economic factors, such as the age ofthe population, ... regimes the level of redistributive spending should be minimal The third tenet ofthe formal voting theory emphasizes the importance ofthe form ofthe voting game’ On the contrary, there are ... 16 Thepoliticaleconomyof taxation The volatility ofthe income will also affect the magnitude ofthe welfare state If the fluctuation of income increases (for example as a consequence of industrial...
... calculated on the basis ofthe length of 180 GERMAN POLITICS their insurance record and the amount of contributions paid (calculated as a percentage of income, up to a cut-off point) In addition, the 1957 ... changes in the gross pay of active workers The main aim ofthe government’s pension policy was to adjust the revenues ofthe pension insurance funds to the expenditure required to serve the entitlements ... weakening ofthe tripartite structure ofthe Bundesagentur to a rather vague appeal to the ‘elites ofthe nation’ to assist in creating employment opportunities for the unemployed The commission’s...
... perish the thought!5 In a similar vein, and in recognition ofthe national aspirations ofthe Australian code, the editor ofthe Footballer suggested in 1881 that the sooner the name ofthe game ... scholars offer a detailed comparative analysis ofthe history of each code across various states.2 Geoffrey Blainey, on the other hand, in the penultimate chapter of his book on the origins of Australian ... Stell, Half the Race: A History of Australian Women in Sport, Angus and Robertson, Sydney, 1991 The Golden Girls calendars ofthe mid-1990s started the trend The calendar ofthe Matildas, the Australian...
... the societal debates about environment and politicaleconomy rather than just the academic debates over the theories ofthepoliticaleconomyofthe environment Naturally, given the breadth of ... environments The issues that shape the relationship between the global politicaleconomy and the environment are, of course, often technical and scientific But they are frequently also socioeconomic and political ... is the first to concentrate exclusively on thepoliticaleconomyofthe global environment, striving to integrate the debates within the “real world” of global policy and the “academic world” of...
... other western countries The Philippines, on the other hand, served as the extension ofthe US market in the Pacific Since their full integration into the global economy in mid-19th century, the ... and the Philippines, civilian rulers prevailed even during periods of authoritarian rule The differences in the organization ofthepolitical leadership owe much to the construction ofthepolitical ... Paauw 1963) The relationship of technocrats to the specific bureaucracies in which they work influences the leverage that they have with thepolitical leadership 32 These different actors—political...
... principal–agent relationship of implementation Octangle diagram ofthe Capacity Building Project Octangle diagram ofthe Chandrapur–Padghe Project The octangle of actors for the case ofthe Zambian ... Gibson is professor ofpolitical science at the University of California and Director ofthe Program in International Studies He studies the politics of development, democracy, and the environment ... individual has ofthe likely behavior of others Strategies are designed based on the individual’s perceptions ofthe likely benefits or costs that they will receive in light of their own and others’ actions...
... the societal debates about environment and politicaleconomy rather than just the academic debates over the theories ofthepoliticaleconomyofthe environment Naturally, given the breadth of ... environments The issues that shape the relationship between the global politicaleconomy and the environment are, of course, often technical and scientific But they are frequently also socioeconomic and political ... is the first to concentrate exclusively on thepoliticaleconomyofthe global environment, striving to integrate the debates within the “real world” of global policy and the “academic world” of...
... xiii Thepoliticaleconomyof development Institutions ofthe global economy Frontier institutions Why is money so important? Institutions matter Chapter plan 12 Money in thepoliticaleconomyof ... readers to put the development industry into the context ofthe global politicaleconomyof development, or at least that is the book’s aim In other words, despite all the recent talk of poverty ... importance of analysing the character of economic and political internationalisation of capital and national strategies of capital accumulation in the global South It highlights the political, ...
... the Northern states, borrowing money from them rarely helps the poor, it just deepens the debt cycle and turns the private sector ofthe developing country into a playground for the rich ofthe ... higher costs of living following the ‘Volcker Shock’12 adjustment Then, the negotiated settlement ofthe debt crisis, between the creditor banks, the creditor governments and theinternational ... sources The Great Predators then lend, with attendant terms of conditionality But because these Great Predators are captured by firms of Northern states, and because they serve the interests of their...
... number of people Those who ‘set the terms’ of operation, the ‘market makers’, and who control the allocation ofinternational liquidity, are concentrated in the IFIs and large banks They exist at the ... provided a brief overview ofthe availability of liquidity from the private sector and the public sector in the form of development finance, and has examined the intimate relationship conceptually ... and have-nots is maintained; the technical slights of hand are the implementing policy machine ofthepoliticaleconomyof development It is worth looking beyond the jargon Similarly, we saw...
... ‘free’ trade (and the associated reduction ofthe ability of governments to tax moving goods), the role of assuring profitability in the circuit of finance capital, particularly at theinternational ... assigned to the experience internationally ofthepoliticaleconomyof development Thirty years after Kwame Nkrumah’s exhortation following the independence of Ghana: ‘Seek ye first thepolitical ... calculations of risk at many levels, such as the firm, the country and within banks; and then at an international level by looking at the example ofthe ‘kingmaker’ of sovereign markets: the IFC Within...
... arguably, the Corporation became the sole acceptable representative ofthe British state, with promotion of local citizens and the presence ofthe Regional Controller and office which ‘took the edge off ... reintegration into the world economy, with the CDC acting as the chair ofthe ‘committee managing the common affairs ofthe whole bourgeoisie’, to misquote Marx The CDC was in co-operation with the World ... interests: those ofthe British state which sponsored it and the particular interests ofthe people it would employ overseas given the structural position ofthe colonies in the world economy and...
... because of it, as the analysis in this book argues Bearing this in mind, the rest of this chapter, and the next two, will explore the suggestion that the process ofthepoliticaleconomyof concessional ... these ‘problems’ facing the American investor that the current global system, characterised by the collectivisation ofthe management of development finance and the socialisation of risk in the ... risk in the markets ofthe South, emerged This chapter has given an historical review ofthe frontier institutions ofthe British state and an account ofthe changing role ofthe CDC in managing...
... in terms of other types of comparative benchmarks, such as large relative to the size ofthe markets in which they are spent, or large once combined with the additional finance they often ‘leverage ... Israel or Egypt, the worst was to be Cuba from 1959); and, finally, the developmental objective, which is of course the one which is the subject ofthe most publicity Under the category of geostrategic ... with their own plant and factories, such as roads or electricity Simply put, the workers ofthe global South are buying, through their debt repayments, the means of their own exploitation Thus, the...
... widely, as well as a rare insight on the profitability ofthe Great Predators The MMC ranked the profitability ofthe CDC and other bilateral equivalents in terms ofthe gross income that each organisation ... policy At the end of 2004 had a total invested portfolio of around €55 mill Representatives ofthe Ministry of Finance and the Ministry of Foreign Affairs sit on the board of directors The bank’s ... increasing the benevolence ofthepoliticaleconomyof development has attracted much attention, when you look at the actual numbers involved, it is clear that the system ofinternational economic relations...
... measuring? In the last three chapters we have examined profitability within thepoliticaleconomyof aid, both in and of itself in chapter (through direct contracts), and then in terms ofthe market ... more accurately, as rents Whether these ‘developmental’ effects are offset by the consequences of conditionality in terms ofpolitical resentment, the encouragement of profligacy and associated drop ... term coined in 1977 by The Economist, to describe the effects of oil and gas discovery on theeconomyofthe Netherlands through the 1970s (see also Tan 1997; Langhammer 2004) The adverse effect...