Political Volatility In The United States
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Political Volatility In The United States
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Author : Baodong Liu
language : en
Publisher: Rowman & Littlefield
Release Date : 2022-01-13
Political Volatility In The United States written by Baodong Liu and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-13 with Political Science categories.
The unexpected shift from the election of Barack Obama and the post-racial hope to the racial confrontations in the Trump era begs the question: Why did such a big volatile swing happen in such a short period of time? Uncertainty reigns in volatile political times. This book aims to provide a systemic model for understanding how political volatility throughout the U.S. history has had its root in two competing racial and religious groupings. Moreover, the groupings grounded in white supremacy and egalitarianism have collided, contested, and facilitated the configuration and reconfiguration of the atomic political structure. As demonstrated in this book, the antagonism between the two competing identity groupings led to a history of political volatility in the United States. Contrary to the endless “political deadlocks” suggested by the scholars of American political development, this book explains how and why the two orders persist, reach peaks of volatility, and why one temporarily achieves prominence over the other. Going beyond the simplistic view of racial and religious hierarchy, this book provides an account rooted in structural tensions, strategic imperatives, opportunities, and threats on collective actions.
Volatile States
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Author : William Mark Crain
language : en
Publisher: University of Michigan Press
Release Date : 2009-12-10
Volatile States written by William Mark Crain and has been published by University of Michigan Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12-10 with Business & Economics categories.
Why do American state economies grow at such vastly different rates and manifest such wide differences in living standards? Volatile States identifies the sources of rising living standards by examining the recent economic and fiscal history of the American states. With new insights about the factors that contribute to state economic success, the book departs from traditional analyses of economic performance in its emphasis on the role of volatility. Volatile States identifies institutions and policies that are key determinants of economic success and illustrates the considerable promise of a mean-variance criterion for assessing state economic performance. The mean-variance perspective amends applications of growth models that rely on the mobility of productive factors keyed to income levels alone. Simply measuring the level of growth in state economies reveals an incomplete and perhaps distorted picture of performance. Taking the volatility of state economies explicitly into account refines the whole notion of "economic success." This book is essential reading for economists, political scientists, and policy-makers who routinely confront questions about the consequences of alternative institutional arrangements and economic policy choices. W. Mark Crain is Professor of Economics and Research Associate, James M. Buchanan Center for Political Economy, George Mason University.
The Fat Tail
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Author : Ian Bremmer
language : en
Publisher: Oxford University Press
Release Date : 2010-05-13
The Fat Tail written by Ian Bremmer and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-05-13 with Business & Economics categories.
As Ian Bremmer and Preston Keat reveal in this innovative book, volatile political events such as the 2008 Georgia-Russia confrontation--and their catastrophic effects on business--happen much more frequently than investors imagine. On the curve that charts both the frequency of these events and the power of their impact, the "tail" of extreme political instability is not reassuringly thin but dangerously fat. Featuring a new Foreward that accounts for the cataclysmic effects of the 2008 financial crisis, The Fat Tail is the first book to both identify the wide range of political risks that global firms face and show investors how to effectively manage them. Written by two of the world's leading figures in political risk management, it reveals that while the world remains exceedingly risky for businesses, it is by no means incomprehensible. Political risk is unpredictable, but it is easier to analyze and manage than most people think. Applying the lessons of world history, Bremmer and Keat survey a vast range of contemporary risky situations, from stable markets like the United States or Japan, where politically driven regulation can still dramatically effect business, to more precarious places like Iran, China, Russia, Turkey, Mexico, and Nigeria, where private property is less secure and energy politics sparks constant volatility. The book sheds light on a wide array of political risks--risks that stem from great power rivalries, terrorist groups, government takeover of private property, weak leaders and internal strife, and even the "black swans" that defy prediction. But more importantly, the authors provide a wealth of unique methods, tools, and concepts to help corporations, money managers, and policy makers understand political risk, showing when and how political risk analysis works--and when it does not. "The Fat Tail delivers practical wisdom on the impact of political risk on firms of every description and valuable advice on how to use it. Ian Bremmer and Preston Keat offer innovative thinking and useful insight that will help business decision-makers find fresh answers to questions they may not yet know they have." --Fareed Zakaria, best-selling author of The Post-American World "Political risk has become increasingly complex, and The Fat Tail provides a truly new way to quantitatively assess it in established and emerging markets. It is essential reading for any CEO with multinational interests." --Randall Stephenson, Chairman, CEO and President, AT&T Inc. "Should be essential reading for anyone involved in international business even--perhaps especially--in places that seem politically stable." --Bill Emmott, former editor-in-chief of The Economist
The Volatility Curse
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Author : Daniela Campello
language : en
Publisher: Cambridge University Press
Release Date : 2020-11-05
The Volatility Curse written by Daniela Campello and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-05 with Political Science categories.
The Volatility Curse examines the conditions under which economic voting can (and cannot) function as a mechanism of democratic accountability, challenging existing theories that are largely based on experiences in developed democracies. Drawing on cross-national data from around the world and micro-level evidence from Latin America, Daniela Campello and Cesar Zucco make two broad, related arguments. First, they show that economic voting is pervasive around the world, but in economically volatile developing democracies that are dependent on commodity exports and inflows of foreign capital, economic outcomes are highly contingent on conditions beyond government control, which nonetheless determine relevant political outcomes like elections, popular support, and government transitions. Second, politicians are aware of these misattribution patterns and are often able to anticipate their electoral prospects well before elections. This reduces incumbents' incentives to maximize voter welfare, as anticipated by economic voting theories, and increases the likelihood of shirking, waste, and corruption.
How Does Political Instability Affect Economic Growth
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Author : Mr.Ari Aisen
language : en
Publisher: International Monetary Fund
Release Date : 2011-01-01
How Does Political Instability Affect Economic Growth written by Mr.Ari Aisen and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-01 with Business & Economics categories.
The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.
Political Representation In Southern Europe And Latin America
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Author : André Freire
language : en
Publisher: Routledge
Release Date : 2020-06-03
Political Representation In Southern Europe And Latin America written by André Freire and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-03 with Political Science categories.
This collective volume - with contributions from experts on these regions - examines broader questions about the current crises (The Great Recession and The Commodity Crisis) and the associated changes in political representation in both regions. It provides a general overview of political representation studies in Southern Europe and Latin America and builds bridges between the two traditions of political representation studies, affording greater understanding of developments in each region and promote future research collaboration between Southern Europe and Latin America. Finally, the book addresses questions of continuity and change in patterns of political representation after the onset of the two economic crises, specifically examining issues such as changes in citizens’ democratic support and trust in political representatives and institutions, in-descriptive representation (in the sociodemographic profile of MPs) and in-substantive representation (in the link between voters and MPs in terms of ideological congruence and/or policy/issue orientations). This book will be of key interest to scholars and students of political elites, political representation, European and Latin American politics/studies, and more broadly to comparative politics.
The Fat Tail
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Author : Ian Bremmer
language : en
Publisher: OUP USA
Release Date : 2010-07-08
The Fat Tail written by Ian Bremmer and has been published by OUP USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-07-08 with Business & Economics categories.
As Ian Bremmer and Preston Keat reveal in this innovative book, volatile political events such as the 2008 Georgia-Russia confrontation—and their catastrophic effects on business—happen much more frequently than investors imagine. On the curve that charts both the frequency of these events and the power of their impact, the "tail" of extreme political instability is not reassuringly thin but dangerously fat. Featuring a new Foreword that accounts for the cataclysmic effects of the 2008 financial crisis, The Fat Tail is the first book to both identify the wide range of political risks that global firms face and show investors how to effectively manage them. Written by two of the world's leading figures in political risk management, it reveals that while the world remains exceedingly risky for businesses, it is by no means incomprehensible. Political risk is unpredictable, but it is easier to analyze and manage than most people think. Applying the lessons of world history, Bremmer and Keat survey a vast range of contemporary risky situations, from stable markets like the United States or Japan, where politically driven regulation can still dramatically effect business, to more precarious places like Iran, China, Russia, Turkey, Mexico, and Nigeria, where private property is less secure and energy politics sparks constant volatility. The book sheds light on a wide array of political risks—risks that stem from great power rivalries, terrorist groups, government takeover of private property, weak leaders and internal strife, and even the "black swans" that defy prediction. But more importantly, the authors provide a wealth of unique methods, tools, and concepts to help corporations, money managers, and policy makers understand political risk, showing when and how political risk analysis works—and when it does not. "The Fat Tail delivers practical wisdom on the impact of political risk on firms of every description and valuable advice on how to use it. Ian Bremmer and Preston Keat offer innovative thinking and useful insight that will help business decision-makers find fresh answers to questions they may not yet know they have." —Fareed Zakaria, best-selling author of The Post-American World "Political risk has become increasingly complex, and The Fat Tail provides a truly new way to quantitatively assess it in established and emerging markets. It is essential reading for any CEO with multinational interests." —Randall Stephenson, Chairman, CEO and President, AT&T Inc. "Should be essential reading for anyone involved in international business even—perhaps especially—in places that seem politically stable." —Bill Emmott, former editor-in-chief of The Economist
The Political Economy Of Taxation In Latin America
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Author : Gustavo Flores-Macias
language : en
Publisher: Cambridge University Press
Release Date : 2019-06-27
The Political Economy Of Taxation In Latin America written by Gustavo Flores-Macias and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-27 with Political Science categories.
Offers a comprehensive, region-wide analysis of the politics of taxation in Latin America to make reforms politically palatable and sustainable.
Economic Turbulence
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Author : Clair Brown
language : en
Publisher: University of Chicago Press
Release Date : 2008-09-15
Economic Turbulence written by Clair Brown and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-09-15 with Business & Economics categories.
Every day, in every sector of our economy, a business shuts down while another starts up, jobs are created while others are cut, and workers are hired while others are laid off. This constant flux, or turbulence, is a defining characteristic of our free market system, yet it mostly inspires angst about unemployment, loss of earnings, and the overall competitiveness of corporations. But is this endless cycle of fluctuation really so bad for America? Might something positive be going on in the economy as a result of it? In this penetrating work, three esteemed economists seek to answer these questions by exploring the real impact of volatility on American workers and businesses alike. According to the authors, while any number of events--shifts in consumer demand, changes in technology, mergers and acquisitions, or increased competition--can contribute to economic turbulence, our economy as a whole is, by and large, stronger for it, because these processes of creation and destruction make it more flexible and adaptable. The authors also acknowledge and document the adverse consequences of this turbulence on different groups of workers and firms and discuss the resulting policy challenges. Basing their argument on an up-close look into the dealings and practices of five key industries—financial services, retail food services, trucking, semiconductors, and software—the authors demonstrate the positive effects of turbulence on career paths, employee earnings, and firm performance. The first substantial attempt to disentangle and make clear the complexities of this phenomenon in the United States, Economic Turbulence will be viewed as a major achievement and the centerpiece of any discussion on the subject for years to come.
The Political Dimension Of Economic Growth
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Author : Silvio Borner
language : en
Publisher: Springer
Release Date : 1998-04-12
The Political Dimension Of Economic Growth written by Silvio Borner and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-04-12 with Political Science categories.
The state and its institutions are crucial for economic development: for better and for worse. This insight informs this important, up-to-date and authoritative survey of new trends in growth economics and the widely divergent economic performance of developing countries - for example, between Latin America and South-east Asia - which seemed to be similarly placed just a generation ago. The decisive role of the political dimension in economic growth seems clear but there are many challenges to be met in getting an analytical handle on the precise determinants and in testing empirically for this. This is the challenge taken up by the international team of contributors.