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Transatlantic Democracy in the Twentieth Century
Transatlantic democracy in the 20th century - this concept goes beyond the idea of an American civilizing mission in Europe after two World Wars, and certainly beyond the notion of re-educating Germans, and making them fit for Western institutions after Nazism. As democracy is being contested anew in the beginning of the 21st century, a much more complicated landscape of democracy since 1900 emerges. Transfer was not a one-way-street, and patterns of conflict and transformation affected both American and European political societies. American democracy may not be reduced to a resilient defense of original traditions, while the narrative of German democracy is more than redemption from catastrophe. The essays in this volume contribute to a new history of transatlantic democracy that accounts for its manifold experiences and constant renegotiations, up to the current challenges of American and European populism.
Indigenous Visions
A compelling study that charts the influence of Indigenous thinkers on Franz Boas, the founder of modern anthropology In 1911, the publication of Franz Boas’s The Mind of Primitive Man challenged widely held claims about race and intelligence that justified violence and inequality. Now, a group of leading scholars examines how this groundbreaking work hinged on relationships with a global circle of Indigenous thinkers who used Boasian anthropology as a medium for their ideas. Contributors also examine how Boasian thought intersected with the work of major modernist figures, demonstrating how ideas of diversity and identity sprang from colonization and empire.
Recursive Macroeconomic Theory, third edition
A substantially revised new edition of a widely used text, offering both an introduction to recursive methods and advanced material. Recursive methods offer a powerful approach for characterizing and solving complicated problems in dynamic macroeconomics. Recursive Macroeconomic Theory provides both an introduction to recursive methods and advanced material, mixing tools and sample applications. Only experience in solving practical problems fully conveys the power of the recursive approach, and the book provides many applications. This third edition offers substantial new material, with three entirely new chapters and significant revisions to others. The new content reflects recent developme...
Journal of Romanian Studies
The biannual, peer-reviewed Journal of Romanian Studies, jointly developed by The Society for Romanian Studies and ibidem Press, examines critical issues in Romanian studies, linking work in that field to wider theoretical debates and issues of current relevance, and serving as a forum for junior and senior scholars. The journal also presents articles that connect Romania and Moldova comparatively with other states and their ethnic majorities and minorities, and with other groups by investigating the challenges of migration and globalization and the impact of the European Union. Issue No. 6 is a Special Issue on Communication, guest-edited by Raluca Radu and Ioana Coman. It contains contributions by Radu Silaghi-Dumitrescu, Lucian-Vasile Szabo, Alla Rosca, Marius Dragomir, Dumitrița Holdiș, Cristina Lupu, Manuela Preoteasa, Marian Voicu, Antonio Momoc, Onoriu Colăcel, Tibori Szabo Zoltan, Andrei Richter, Paolo Mancini, Anca Șincan, Roland Clark, Dana Domsodi, R. Chris Davis.
Loose Financial Conditions, Rising Leverage, and Risks to Macro-Financial Stability
After a steady increase following the global financial crisis, private nonfinancial sector leverage rose further during the COVID-19 on the back of easy financial conditions induced by unprecedented policy support. We investigate the empirical relationships between increased leverage, financial conditions, and macro-financial stability in a sample of major advanced and emerging market economies. We find that loose financial conditions contribute to leverage buildups and generate an intertemporal tradeoff: financial stability risk is lessened in the near term but exacerbated in the medium term. The tradeoff is amplified during credit booms, when debt service burdens are particularly high, or when the share of foreign currency debt is high in emerging markets. Selected macroprudential tools can arrest leverage buildups and mitigate the tradeoff.
Technology in Financial Markets
This book develops a dynamic perspective on the study of technology as a disruptive force and its relationship to financial regulation and the law. It identifies the interconnections that characterise technology-driven transformations, involving commercial practices, capital markets, corporate-governance, central banking, and financial networks.
Eliza Lucas Pinckney
The enthralling story of Eliza Lucas Pinckney, an innovative, highly regarded, and successful woman plantation owner during the Revolutionary era Eliza Lucas Pinckney (1722-1793) reshaped the colonial South Carolina economy with her innovations in indigo production and became one of the wealthiest and most respected women in a world dominated by men. Born on the Caribbean island of Antigua, she spent her youth in England before settling in the American South and enriching herself through the successful management of plantations dependent on enslaved laborers. Tracing her extraordinary journey and drawing on the vast written records she left behind--including family and business letters, spiritual musings, elaborate recipes, macabre medical treatments, and astute observations about her world and herself--this engaging biography offers a rare woman's first-person perspective into the tumultuous years leading up to and through the Revolutionary War and unsettles many common assumptions regarding the place and power of women in the eighteenth century.
World Economic Outlook, October 2017
The global upswing in economic activity is strengthening. Global growth, which in 2016 was the weakest since the global financial crisis at 3.2 percent, is projected to rise to 3.6 percent in 2017 and to 3.7 percent in 2018. The growth forecasts for both 2017 and 2018 are 0.1 percentage point stronger compared with projections earlier this year. Broad-based upward revisions in the euro area, Japan, emerging Asia, emerging Europe, and Russia—where growth outcomes in the first half of 2017 were better than expected—more than offset downward revisions for the United States and the United Kingdom. But the recovery is not complete: while the baseline outlook is strengthening, growth remains w...
Central African Republic
Central African Republic: Selected Issues
Review of The Institutional View on The Liberalization and Management of Capital Flows
The Institutional View (IV) on the Liberalization and Management of Capital Flows, adopted in 2012, provides the basis for consistent advice, and where relevant, assessments on policies related to capital flows. This paper reviews the IV, informed by advances in research, notably the work on an Integrated Policy Framework (IPF), the findings of the 2020 evaluation by the Independent Evaluation Office (IEO) on IMF Advice on Capital Flows, and staff’s experience with the implementation of the IV. The core premises and objectives of the IV remain unchanged. The IV rests on the premises that capital flows are desirable as they can bring substantial benefits for countries, and that capital flow management measures (CFMs) can be useful in certain circumstances but should not substitute for warranted macroeconomic adjustment. With those premises in mind, the IV aims to help countries reap the benefits of capital flows, while managing the associated risks in a way that preserves macroeconomic and financial stability and does not generate significant negative outward spillovers.
