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"POLITICAL CONDITIONS"
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Political bubbles
Behind every financial crisis lurks a \"political bubble\"--policy biases that foster market behaviors leading to financial instability. Rather than tilting against risky behavior, political bubbles--arising from a potent combination of beliefs, institutions, and interests--aid, abet, and amplify risk. Demonstrating how political bubbles helped create the real estate-generated financial bubble and the 2008 financial crisis, this book argues that similar government oversights in the aftermath of the crisis undermined Washington's response to the \"popped\" financial bubble, and shows how such patterns have occurred repeatedly throughout US history.
The authors show that just as financial bubbles are an unfortunate mix of mistaken beliefs, market imperfections, and greed, political bubbles are the product of rigid ideologies, unresponsive and ineffective government institutions, and special interests. Financial market innovations--including adjustable-rate mortgages, mortgage-backed securities, and credit default swaps--become subject to legislated leniency and regulatory failure, increasing hazardous practices. The authors shed important light on the politics that blinds regulators to the economic weaknesses that create the conditions for economic bubbles and recommend simple, focused rules that should help avoid such crises in the future.
The first full accounting of how politics produces financial ruptures,Political Bubblesoffers timely lessons that all sectors would do well to heed.
eBook
Participation, citizenship and intergenerational relations in children and young people's lives : children and adults in conversation
\"In 2012, over 200 academics who are active in international childhood and youth research gathered together alongside young people for a unique ICYRNet conference where they debated and discussed participatory approaches. [This book] continues the dialogue between young people and adults that started then. This edited collection draws together work from six countries about participatory research and intergenerational relations. Adopting participatory techniques, the editors worked with children and young people to co-author three chapters that each reflect young people's interpretations of three chapters written by adults. This provides a unique insight into how children and young people view research which is about them as well as highlighting their perspectives on research which resonates with their own life experiences.\"--Provided by publisher.
Book
The Roman Market Economy
The quality of life for ordinary Roman citizens at the height of the Roman Empire probably was better than that of any other large group of people living before the Industrial Revolution.The Roman Market Economyuses the tools of modern economics to show how trade, markets, and the Pax Romana were critical to ancient Rome's prosperity.
Peter Temin, one of the world's foremost economic historians, argues that markets dominated the Roman economy. He traces how the Pax Romana encouraged trade around the Mediterranean, and how Roman law promoted commerce and banking. Temin shows that a reasonably vibrant market for wheat extended throughout the empire, and suggests that the Antonine Plague may have been responsible for turning the stable prices of the early empire into the persistent inflation of the late. He vividly describes how various markets operated in Roman times, from commodities and slaves to the buying and selling of land. Applying modern methods for evaluating economic growth to data culled from historical sources, Temin argues that Roman Italy in the second century was as prosperous as the Dutch Republic in its golden age of the seventeenth century.
The Roman Market Economyreveals how economics can help us understand how the Roman Empire could have ruled seventy million people and endured for centuries.
eBook
Partisans without Constraint: Political Polarization and Trends in American Public Opinion
Public opinion polarization is here conceived as a process of alignment along multiple lines of potential disagreement and measured as growing constraint in individuals' preferences. Using NES data from 1972 to 2004, the authors model trends in issue partisanship-the correlation of issue attitudes with party identification-and issue alignment-the correlation between pairs of issues-and find a substantive increase in issue partisanship, but little evidence of issue alignment. The findings suggest that opinion changes correspond more to a resorting of party labels among voters than to greater constraint on issue attitudes: since parties are more polarized, they are now better at sorting individuals along ideological lines. Levels of constraint vary across population subgroups: strong partisans and wealthier and politically sophisticated voters have grown more coherent in their beliefs. The authors discuss the consequences of partisan realignment and group sorting on the political process and potential deviations from the classic pluralistic account of American politics.
Journal Article
The welfare of syrian refugees
The book focuses on the largest refugee crisis of our time: the Syrian refugee crisis. It exploits a wealth of survey and registry data on Syrian refugees living in Jordan and Lebanon to assess their poverty and vulnerability status, understand the predictors of these statuses, evaluate the performance of existing policies toward refugees, and determine the potential for alternative policies. Findings point to a complex situation. In the absence of humanitarian assistance, poverty is extremely high among refugees. Current policies including cash transfers and food vouchers are effective in reducing poverty but they remain short of providing economic inclusion and self-reliance of refugees. A shift toward economic inclusion and self-reliance would require a different humanitarian and development paradigm, one that focuses on growth policies for areas affected by refugees where the target population is constituted by refugees and hosting populations alike. This joint study by the World Bank Group and the United Nations High Commissioner for Refugees helps bridge the historical divide between humanitarian and development work by providing practical solutions for assisting refugees in the short, medium and long-term and to prevent the irreversible loss of social and human capital typically associated with prolonged refugee crises.
eBook
Recounting migration : political narratives of Congolese young people in Uganda
\"Millions of citizens from the Democratic Republic of Congo (DRC) have been killed or displaced during decades of political corruption and military conflict. Many forced migrants are young people, who are often seen either as passive victims or as radicalized and amoral child soldiers perpetuating the cycle of violence. Recounting Migration refutes these stereotypes by presenting young Congolese refugees' nuanced understanding of the complex power relations that affect their everyday lives. Christina Clark-Kazak, a former international aid worker, uses extensive interviews done in Kampala and Kyaka II refugee settlement, Uganda, to present the narratives of ten young people living as refugees. Their accounts reveal both political awareness and individual agency in everyday and extraordinary circumstances. The author shows how refugee youth seek to influence decision-making processes in families, communities, and at policy levels through formal and informal mechanisms, as well as through non-political channels such as education and music. She juxtaposes their interpretations of the situations with the discourse and bureaucracy of international aid organizations, showing the sometimes radical differences between these perspectives. Clark-Kazak not only provides insight into the politics of labelling but offers recommendations for future research, policy, and programs for refugee young people. A remarkable and compelling look at the lives of young refugees, Recounting Migration challenges stereotypes by giving these migrants a long-overdue opportunity to speak for themselves.\"--Publisher's unedited description.
Book
Beyond forty acres and a mule
This collection chronicles the tumultuous history of landowning African American farmers from the end of the Civil War to today. Each essay provides a case study of people in one place at a particular time and the factors that affected their ability to acquire, secure, and protect their land.
The contributors walk readers through a century and a half of African American agricultural history, from the strivings of black farm owners in the immediate post-emancipation period to the efforts of contemporary black farm owners to receive justice through the courts for decades of discrimination by the U.S Department of Agriculture. They reveal that despite enormous obstacles, by 1920 a quarter of African American farm families owned their land, and demonstrate that farm ownership was not simply a departure point for black migrants seeking a better life but a core component of the African American experience.
eBook