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Developing country debt crises have been a recurrent phenomenon over the past two centuries. In recent times sovereign debt insolvency crises in developing and emerging economies peaked in the 1980s and, again, from the middle 1990s to the start of the new millennium. Despite the fact that several developing countries now have stronger economic fundamentals than they did in the 1990s, sovereign debt crises will reoccur again. The reasons for this are numerous, but the central one is that economic fluctuations are inherent features of financial markets, the boom and bust nature of which intensify under liberalized financial environments that developing countries have increasingly adopted sinc...
Phillip Barnes, his brother Paul, and their best friend, Barry McAlister, each join the Central Pacific Railroad for different reasons, but they are all searching. Their terms in the military during the Vietnam War are finished, their love lives are in varying states of disrepair, and their futures are wide open. What follows for them is a railroad life and a set of incredibly unique destinies. The rails Phillip, Paul, and Barry choose to rideor the rails that choose themlead the three men in various directions, but their destinies intertwine for years as they wrestle with love, heartbreak, parenthood, marriage, survival, faith, and the elements of nature and manmade machine. The career they...
The author enunciates certain guiding principles in order to create a more stable international financial architecture and recommends a series of concrete measures. This most timely and useful follow-up to his very successful previous book, The Globalization of Finance: A Citizen's Guide, contributes greatly to the public understanding of the intricacies of global finance and to the possibilities of effective action by peoples' movements campaigning for a more just and sound financial system."--Jacket.
""Free trade"" was touted as a way to make economies more efficient and productive, and a strategy that would also benefit small businesses and workers. Instead, as author Stan Duncan says, ""Corporate and political powers have contorted and stacked the decks of the financial machinery that runs the earth in such a way that rewards the rich and extracts payments from the poor.""
The Greatest Story Oversold helps general readers understand the various global economic forces at work today. In non-technical language Duncan explains the ""rules"" and general practices of transnational corporations and global lenders like the World Bank and the International Monetary Fund. He connects the dots between what happens ""here"" and what happens ""there,"" addressing the impact of specific issues like the global banking crisis, third world debt, NAFTA, and immigration.
The Asian financial crisis of 1997-98 shook the foundations of the global economy. What began as a localized currency crisis soon engulfed the entire Asian region. What went wrong and how did the Asian economies, long considered "miracles," respond? How did the United States, Japan and other G-7 countries react to the crisis? What role did the IMF play? Why did China remain conspicuously insulated from the turmoil raging in its midst? What lessons can be learnt from the crisis by other emerging economies? This book provides answers to all the above questions and more. It gives a comprehensive account of how the international economic order operates, examines its strengths and weaknesses, and what needs to be done to fix it. The book will be vital to students of economics, international political economy, Asian and development studies.
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Love, Redemption, Vocation, and the Church Volume 4, Number 2, June 2015 Edited by David M. McCarthy Roman Catholic Teaching on International Debt: Toward a New Methodology for Catholic Social Ethics and Moral Theology M. Therese Lysaught Narrative, Social Identity and Practical Reason: On Charles Taylor and Moral Theology Mark Ryan Hobbes Contra Bellarmine Matthew Rose Grace Is the Emotion of the Love of God Edward Collins Vacek No Woe to You Lawyers: A Virtue Ethics Approach To Happiness Within the Legal Profession John J. Fitzgerald Dignity and the Body: Reclaiming What Autonomy Ignores Joel J. Shuman and Brian Volck More Than Self-Gift and Sex: The Role of Receptivity in Catholic Marital Ethics Robert Ryan Review Essay on Catholic Higher Education: After Ex corde Ecclesiae Jason King