POSC 335 Final Exam: A Case Study Following the financial crisis in 2008‚ the Dodd-Frank financial reform was passed in 2010 to help prevent giant banks from engaging in speculative trading activity. While speculative trading activity is not considered to be the cause of the financial collapse‚ many economists believe it was one of the contributing factors. While it is important for banks to support the economy by lending to consumers and businesses‚ they often become involved with proprietary
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References: Stiglitz‚ J.‚ 2002. Argentina‚ short-changed: Why the nation that followed the rules fell to pieces‚ The Washington Post. Available at: <www.yorku.ca/drache/talks/2002/stiglitz_argentina.pdf> [Accessed 12 March 2012] Romig‚ S.‚ 2011 * Hill‚ W.L.‚ (2011)
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d Nations Held‚ D.‚ McGrew‚ A.‚ Goldblatt and Perraton‚ J. (1999) GlobalTransformations: Parker‚ B. (2005)Introduction to Globalisation and Business‚ London: Sage Politics‚ Economics and Culture‚ Cambridge: Polity. Publications Routledge. Stiglitz‚ J. (2002).Globalization and its Discontents‚ London‚ Penguin Allen Lane Studies from the perspective of developing countries: Ashgate Publishing Limited Wade‚ R. H. (2002)Bridging the Digital Divide: New Route to Development or New Wajcman‚ J
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Running Head: GOVERNMENT SPENDING: FOREIGN AID AND MILITARY 1 Government Spending: Foreign Aid and Military Gabriel Gjonaj Oakland University GOVERNMENT SPENDING: FOREIGN AID AND MILITARY 2 Abstract In this paper we discuss how the government squanders too much money in military and foreign aid endeavors and doesn’t focus on its own problems here in the United States. We first look at how effective the government was to responding to Katrina
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Anthropology Essay – is neoliberalism the best way for advancement in globalisation Draft 1 Neoliberalism is a theory of political economic practices proposing that human well-being can best be advanced by the maximization of entrepreneurial freedoms within an institutional framework characterized by private property rights‚ individual liberty‚ unencumbered markets‚ and free trade. Neoliberalization has in effect swept across the world like a vast tidal wave of institutional reform and discursive
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due to the errors of the International Monetary Fund (IMF)‚ it could take years for these countries to get back to their previous economic conditions. “… IMF policies not only exacerbated the downturn but were partially responsible for the onset…” (Stiglitz 2002‚ pp 89) East Asia didn’t actually need any additional capital that they were pressured into receiving. South Korea for example was a region that had experienced admirable growth but realised the necessity for some deregulation or liberalisation
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lobbying for the finance sector‚ with over 800 people employed directly and at a cost of £92.8m. Lobbyists include in-house bank staff‚ public affairs consultancies‚ industry body representatives‚ law firms and management consultants.” Moreover‚ Joseph Stiglitz shows in his last book “The price of inequality” (CNBC interview‚ 2012) that in the USA it was banks that pushed for the 1999 repeal of the Glass-Steagall Act and that they have also been lobbying against financial reform‚ the single most pressing
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* Examine the key challenges for public sector management in the global south. Illustrate your answer with contrasting country examples. Most of the global south countries such as the African countries have attained their independence around the 1950’s and 1960’s. The public sectors which are known as the government sector have set of roles that need to be look after the welfare of the state such as the security‚ environment‚ health system‚ education and so forth. The public sector in the global
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will continue to need lifetime support‚ like the ones who suffered brain injuries or other related injuries. This means that the government will continue to commit resources through round the clock care‚ rehabilitation and support to the veterans (Stiglitz‚ 2006). Analysts have put the total cost of the Iraq war to be less than 0.1% of the GDP. This means that no stimulus would be provided to the present day economy. Looking at the Bush administration’s commitment to the fiscal status of the country
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Economy of Dynamism‚ Governance and Crisis‚ Rutledge‚ London Moody‚ P1996‚ ’Asian Values. ’ Journal of International Affairs 50(1): 166-192. Peng‚ D 2000. ’The Changing Nature of East Asia as an Economic Region. ’ Pacific Affairs 73(1): 171-191. Stiglitz‚ J &Yusuf S 2001‚ Rethinking the East Asian Miracle‚ Oxford University Press‚ New York
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