Germany S Moral Debt


Germany S Moral Debt
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Germany And Israel


Germany And Israel
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Author : George Lavy
language : en
Publisher: Routledge
Release Date : 2014-01-14

Germany And Israel written by George Lavy and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-14 with Political Science categories.


In 1952, the Federal Republic of West Germany concluded a treaty with Israel whereby the Germans had to pay three billion Deutschmarks in compensation for the Holocaust. However, the Israelis felt that Germany owed Israel a moral as well as a financial debt, and thus expected further aid and protection. Although Germany made several concessions in favour of the Jewish State, particularly in the domain of armament, as Germany's political status increased, its national interest gradually took priority over that of Israel. This book examines the grounds which motivated Germany to grant aid to Israel and the change in their relations as the German economy flourished and gained influence in world affairs.



Germany S Moral Debt


Germany S Moral Debt
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Author : Kurt Richard Grossmann
language : en
Publisher:
Release Date : 1954

Germany S Moral Debt written by Kurt Richard Grossmann and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1954 with Germany categories.


Discusses the treaty known as the Luxemburg Agreement which obligated West Germany to pay Israel $822,000,000 in goods as compensation for the Jewish Holocaust.



A Mutual Responsibility And A Moral Obligation


 A Mutual Responsibility And A Moral Obligation
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Author : G. Saathoff
language : en
Publisher: Springer
Release Date : 2009-03-14

A Mutual Responsibility And A Moral Obligation written by G. Saathoff and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-03-14 with History categories.


This book contains the final report of Germany's 'Remembrance, Responsibility, and Future' Foundation, giving a comprehensive history of the country's use of slave labor during World War II and the complex process by which reparations for survivors were negotiated.



A Mutual Responsibility And A Moral Obligation


 A Mutual Responsibility And A Moral Obligation
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Author : G. Saathoff
language : en
Publisher: Palgrave Macmillan
Release Date : 2009-05-19

A Mutual Responsibility And A Moral Obligation written by G. Saathoff and has been published by Palgrave Macmillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-05-19 with History categories.


This book contains the final report of Germany's 'Remembrance, Responsibility, and Future' Foundation, giving a comprehensive history of the country's use of slave labor during World War II and the complex process by which reparations for survivors were negotiated.



Germany S Literary Debt To France Classic Reprint


Germany S Literary Debt To France Classic Reprint
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Author : Jessie Laidlay Weston
language : en
Publisher: Forgotten Books
Release Date : 2018-02-07

Germany S Literary Debt To France Classic Reprint written by Jessie Laidlay Weston and has been published by Forgotten Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-02-07 with Literary Collections categories.


Excerpt from Germany's Literary Debt to France One of the most remarkable, and indeed, unparalleled, features in this present lament able war has been the clamorous, and insistent assertion on the part of Germany of her possession of a culture, of a national develop ment, at once moral, literary, and scientific, so superior to that of other nations that she is justified in endeavouring by force of arms to impose this culture upon the rest of Europe. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.



Moral Hazard And Bail Out In Fiscal Federations


Moral Hazard And Bail Out In Fiscal Federations
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Author : Kirsten Heppke-Falk
language : en
Publisher:
Release Date : 2016

Moral Hazard And Bail Out In Fiscal Federations written by Kirsten Heppke-Falk and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.


We identify investor moral hazard in the German fiscal federation. Our identification strategy is based on a variable, which was used by the German Federal Constitutional Court as an indicator to determine eligibility of two German states (Länder) to a bail-out, the interest payments-to-revenue ratio. While risk premia measured in the German sub-national bond market react significantly to the relative debt level of a state (Land), we also find that a larger interest payments-to-revenue ratio counter-intuitively lowers risk premia significantly. Furthermore, with increasing values the risk premia decrease more strongly. This is evidence of investor moral hazard, because a larger indicator value increases the likelihood of receiving a bail-out payment. Quantitatively, the effects are, however, quite small. Our findings are robust to a variety of sample changes. In addition, we provide a case study of the recent Federal Constitutional Court ruling on the Land Berlin, which had filed for additional federal funds. The negative response of the court did not lead to a change in financial markets' bail-out expectations. In sum, our results indicate significant investor moral hazard in the sub-national German bond market.



The Limits Of Moral Obligation


The Limits Of Moral Obligation
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Author : Marcel van Ackeren
language : en
Publisher: Routledge
Release Date : 2015-09-16

The Limits Of Moral Obligation written by Marcel van Ackeren and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-16 with Philosophy categories.


This volume responds to the growing interest in finding explanations for why moral claims may lose their validity based on what they ask of their addressees. Two main ideas relate to that question: the moral demandingness objection and the principle "ought implies can." Though both of these ideas can be understood to provide an answer to the same question, they have usually been discussed separately in the philosophical literature. The aim of this collection is to provide a focused and comprehensive discussion of these two ideas and the ways in which they relate to one another, and to take a closer look at the consequences for the limits of moral normativity in general. Chapters engage with contemporary discussions surrounding "ought implies can" as well as current debates on moral demandingness, and argue that applying the moral demandingness objection to the entire range of normative ethical theories also calls for an analysis of its (metaethical) presuppositions. The contributions to this volume are at the leading edge of ethical theory, and have implications for moral theorists, philosophers of action, and those working in metaethics, theoretical ethics and applied ethics.



Politics Of Debt And Europe S Relations With The South


Politics Of Debt And Europe S Relations With The South
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Author : Stefan Nygard
language : en
Publisher: Edinburgh University Press
Release Date : 2020-07-31

Politics Of Debt And Europe S Relations With The South written by Stefan Nygard and has been published by Edinburgh University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-31 with History categories.


Combining a discussion of the multi-layered European and global North-South divide with an effort to retrieve alternatives to the dominant divisive use of debt as staking out claims against another party, this text explores the consequences of the erasure of historical temporality in the recent period of 'globalization' and 'individualization' as well as new registers for political uses of the past under current conditions. It draws on socio-political, moral-philosophical and literary-artistic analyses, tracing the genealogy of debt through European history.



Until Debt Do Us Part


Until Debt Do Us Part
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Author : Otaviano Canuto
language : en
Publisher: World Bank Publications
Release Date : 2013-02-13

Until Debt Do Us Part written by Otaviano Canuto and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-02-13 with Business & Economics categories.


With decentralization and urbanization, the debts of state and local governments and of quasi-public agencies have grown in importance. Rapid urbanization in developing countries requires large-scale infrastructure financing to help absorb influxes of rural populations. Borrowing enables state and local governments to capture the benefits of major capital investments immediately and to finance infrastructure more equitably across multiple generations of service users. With debt comes the risk of insolvency. Subnational debt crises have reoccurred in both developed and developing countries. Restructuring debt and ensuring its sustainability confront moral hazard and fiscal incentives in a multilevel government system; individual subnational governments might free-ride common resources, and public officials at all levels might shift the cost of excessive borrowing to future generations. This book brings together the reform experiences of emerging economies and developed countries. Written by leading practitioners and experts in public finance in the context of multilevel government systems, the book examines the interaction of markets, regulators, subnational borrowers, creditors, national governments, taxpayers, ex-ante rules, and ex-post insolvency systems in the quest for subnational fiscal discipline. Such a quest is intertwined with a country s historical, political, and economic context. The formal legal framework interacts with political reality to influence the dynamics of and incentives for reform. Often, the resolution of a subnational debt crisis unfolds in the context of macroeconomic stabilization and structural reforms. The book includes reforms that have not been covered by previous literature, such as those of China, Colombia, France, Hungary, Mexico, and South Africa. The book also presents a comprehensive review of how the United States developed its debt market for state and local governments, through a series of reforms that are path dependent, including the reforms and lessons learned following state defaults in the 1840s and the debates that shaped the enactment of Chapter 9 of the Bankruptcy Code in 1937. Looking forward, pressures on subnational finance are likely to continue from the fragility of global recovery, the potentially higher cost of capital, refinancing risks, and sovereign risks. This book is essential reading for anyone wanting to know the challenges and reform options in debt restructuring, insolvency frameworks, and public debt market development.



Germany S Moral Debt


Germany S Moral Debt
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Author : Kurt Richard Grossmann
language : en
Publisher:
Release Date : 1954

Germany S Moral Debt written by Kurt Richard Grossmann and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1954 with Germany categories.


Discusses the treaty known as the Luxemburg Agreement which obligated West Germany to pay Israel $822,000,000 in goods as compensation for the Jewish Holocaust.