Suchergebnisse

Simitis examines the European debt crisis with particular reference to the Greek case. He investigates its spillover from a Greek-specific problem to a Eurozone-wide crisis and chronicles the policy responses to combat it. His central argument is that the main cause of the Eurozone's problems was, and still remains, the indecisiveness of European elites to tackle its underlying deficiencies. Leading Eurozone countries have been unwilling to commit to a common long-term plan which could deal convincingly with complex and inter-related problems affecting both its 'core' and its 'periphery'

By shipping arms and providing military experts to Central American governments, Israel is repaying an historic debt to these nations for the role they played in the UN in promoting Israeli statehood in the wake of the Second World War. Yet, whereas the debt is owed to liberal Central American regimes, it is being repaid to military dictatorships and to rightist opposition forces like the Nicaraguan Contra rebels

Both industrialized nations and Latin American developing countries are losers under the burden of the crushing debt crisis. Although lower population growth rates and a certain increase in exports do permit a measure of optimism, Latin America may be facing a future of social turmoil and the possibility of military take-overs. If, on the other hand, the region's debt burden could be reduced, the future could bring an influx of foreign capital providing new growth and a strengthening of the democratric process

A feature of our time has been marked interest in celebrity and celebrities of all kinds. Celebrities associated with the entertainment industry and, paradoxically, it is their life that attracts the most interest among the fans, rather than their professional successes and artistic expression pressure (Turner 2007: 5). Huge celebrity reportage focuses on the person's external attributes but also their global activism. Celebrity views on war, peace, gender equality, poverty reduction, debt relief and HIV/AIDS are among the things that make large space in the media and social networks. Facebook and Twitter make it possible for celebrities to quickly communicate their message to the fans and other interested audiences. Adapted from the source document.

1 Introduction: The Economics of Friendship --  1  Friendship: Money Can't Buy It? --  2  Φιλια --  3  An Economic Mentality --  4  Apparatus and Argument -- 2 Grace under Pressure: The Anatomy of χάρις --   The Argument --  1  Three Cases of Isomorphism --  2  χάρις and Successful Interaction --  3  Perception and /méconnaissance --  4  Conflicts and Cynicism --  5  Concluding Remarks -- 3 The Most Ancient of Obligations: The Nature of Filial Duty --  1  The Parent-Child Bond: A Paradigm-Case --  2  The Debtor Paradigm of Obligation --  3  The Gratitude Theory --  4  The Gratitude Theory Analysed --  5  Tensions in the Script: The Possibility of χάρις --  6  Concluding Remarks -- 4 A Debtor Paradigm of Obligation: Principles of Moral Accounting --  1  Moral Bookkeeping --  2  Morality as Paying Debts --  3  Debts, Gifts and Morality --  4  Concluding Remarks: The Ledger under Taboo -- 5 Pricing the Invaluable: Socrates and the Proper Use of Friends --   The Argument --  1  Framing Socratic Conversation --  2  False Friends, Part One: Utility, Ancient and Modern --  3  False Friends Part Two: Economics, Ancient and Modern --  4  Education and the Logic of Wage-Earning --  5  Concluding Remarks: The Givenness of the Good -- 6 Active Partnership: Socrates and the Art of Seduction --   The Argument --  1  Amazing Grace: Looking as a Reciprocal Endeavour --  2  The Hunter Hunted: Role Reversals and the Paradox of the Hetaera --  3  Desire Management --  4  The Secrets of Love Magic --  5  The Socratic Principle: Pay It Forward --  6  Concluding Remarks: Language Games at the Market Frontier -- 7 Relational Economics: Aristotle on Value and Equivalence --  1  Aristotle Discovers the Economy? --  2  Equivalence --  3  Value and Values --  4  The Politics of Need --  5  Concluding Remarks -- Epilogue: Hostile Worlds -- Bibliography -- Index.

Discusses what problems were present in the world economy on a macro and a micro level, how it resulted in the financial crisis and how the authorities were trying to intervene in order to stabilize the situation. On the macroeconomic level Americans bought cheep Asian goods while printing a lot of money, but inflation was kept at bay since the money was sent to Asia. The circle was complete when Americans lent the money back from Asia and speculated with it. On the microeconomic level structured investment vehicles (SIVs) and asset backed commercial paper (ABCP) created problems especially when they were combined with collateralized debt obligations (CDOs) and mortgage-backed securities (MBS). The boom turned into bust after 2006 when there were not enough house buyers left. L. Pitkaniemi

1970s military dictatorship in Latin America was followed by a democratization process in the 1980s, at a point when military powers had devastated the economy & more than doubled foreign debt. Now, in the beginning of the twenty-first century, the region finds itself in a period marked by governments that, perhaps more than ever before, are characterized by their reaction to the neo-liberal policies of the 1990s. Of particular concern in this respect is the changing relationship between the region & the United States, which in turn opens opportunity for the involvement of other international actors in the sphere. This brings about a high degree of uncertainty both for Latin America itself as well as for the international community. Some of the many cases of Latin American economies & politics in crisis are described here in detail. C Brunski