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Cyprus
  • Language: en
  • Pages: 129

Cyprus

Cyprus experienced significant internal and external imbalances owing to the European financial crisis. The oversized and weak banking sector continued to be a threat to the sovereign. Greek debt restructuring, together with loan losses of both Cyprus and Greece, resulted in the two largest banks being declared insolvent. However, the authorities have taken unprecedented steps to address the country’s banking problems. Temporary administrative controls have been taken to preserve financial stability, while the Extended Fund Facility (EFF) arrangement has been aimed to stabilize the financial system and achieve fiscal sustainability.

Italy
  • Language: en
  • Pages: 75

Italy

The Selected Issues paper investigates options for improving the efficiency of the Italian judicial system and closing the regional performance gap. Better courts would bring about macroeconomic benefits, including increased employment opportunities, and higher productivity, investment, and research and development. The Italian financial system faces several challenges in order to restore profitability under weak growth conditions and to adapt to a changing global environment. This chapter explores ways of improving profitability and the challenges of shifting from a bank-based financial system, common in EU countries, to a more ‘market-based’ system. Along with this shift comes a divers...

Veggiesaurus Lex
  • Language: en
  • Pages: 26

Veggiesaurus Lex

  • Type: Book
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  • Published: 2009-09
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  • Publisher: AuthorHouse

"Veggiesaurus Lex" tells the tale of a dinosaur named "Lex" as she learns why the food that she eats makes her feel sluggish and slow and that eating vegetables will give her that "get up and go."

Beyond the Brink
  • Language: en
  • Pages: 84

Beyond the Brink

As the United States and China mark their 40th anniversary of formal diplomatic relations in 2019, the world’s most important bilateral relationship is increasingly defined by mistrust, competition, and uncertainty. After four decades of deepening economic integration, the talk in Washington today is about the extent to which the two economies will “decouple” over the years ahead. We drew on several different academic disciplines to help us model how an economic conflict between the United States and China could escalate and eventually de-escalate. Despite the challenges inherent in modelling economic conflict, our model was validated to a surprising extent by both our simulations and ...

Extraterritorial Use of Force Against Non-State Actors
  • Language: en
  • Pages: 311

Extraterritorial Use of Force Against Non-State Actors

  • Categories: Law

This book examines the legality of the use of force by states against individuals and non-state groups located beyond its borders, in light of applicable international law. The issues discussed include force used in the 'war on terror', pre-emptive self defence, and targeted killings of individuals.

Modernizing China
  • Language: en
  • Pages: 392

Modernizing China

China is at a critical juncture in its economic transformation as it tries to rebalance what is generally seen as an exhausted growth model. A unifying theme across the reforms that will deliver this transformation is that it can no longer be achieved by raising the amount of physical investment and government direction of resource allocation. Instead China is building a new set of policy frameworks that will allow markets to function more effectively—not unfettered markets, but markets that work efficiently, in line with broad social and other policy goals, and in a sustainable way. Hence, China is now building a new soft infrastructure, that is, the institutional plumbing that underpins ...

Accidental Conflict
  • Language: en
  • Pages: 448

Accidental Conflict

The misguided forces driving conflict escalation between America and China, and the path to a new relationship “A timely, fluid, readable assessment of a testy and rapidly changing global relationship.”—Kirkus Reviews (starred review) In the short span of four years, America and China have entered a trade war, a tech war, and a new Cold War. This conflict between the world’s two most powerful nations wouldn’t have happened were it not for an unnecessary clash of false narratives. America falsely blames its trade and technology threats on China yet overlooks its shaky saving foundation. China falsely blames its growth challenges on America’s alleged containment of market-based soc...

China's Rise to Power in the Global Order
  • Language: en
  • Pages: 488

China's Rise to Power in the Global Order

This book examines the foundations of China’s grand strategy as it is critical to any assessment of current and future Chinese regional and global strategic behavior, especially Beijing’s policies toward the USA. This eclectic study aims to analyze the current Chinese and American flexible grand strategies, based on present complexity and disorder. It identifies the major building blocks of both strategies, their major material, and ideational drivers and assesses how they might evolve in the future. Additionally, the author looks at China’s relations with important international players such as Russia, ASEAN, UN, EU, and BRICS.

The Status Quo Crisis
  • Language: en
  • Pages: 257

The Status Quo Crisis

The 2008 financial crisis was the worst since the Great Depression and many voices argued that it would transform global financial governance. But half a decade later, how much has really changed? In The Status Quo Crisis, Helleiner surveys the landscape and argues that continuity has marked global financial governance more than dramatic transformation.

The Article II Mandate
  • Language: en
  • Pages: 104

The Article II Mandate

To explore opportunities for greater economic cooperation between the United States and Japan in third countries, the Center for Strategic and International Studies (CSIS) in Washington and the Asia Pacific Initiative (API) in Tokyo embarked on a joint research project using a case-study approach to examine four countries (Myanmar, Vietnam, India, and South Korea) and two institutional arrangements (regional trade architecture and the G7) where the United States and Japan have aligned interests. We found that shared interests and goals of the United States and Japan transcend today’s bilateral trade tensions, and despite China’s growing influence and assertive behavior there nevertheless remains a strong demand in the region for U.S. and Japanese leadership. Washington and Tokyo should therefore work to better coordinate their economic engagement in the region.