Within the Market Strife

Within the Market Strife PDF

Author: Kevin E. Schmiesing

Publisher: Lexington Books

Published: 2004

Total Pages: 206

ISBN-13: 9780739109632

DOWNLOAD EBOOK →

In a period often viewed by historians as one in which Catholics labored in an intellectual ghetto, shut off from mainstream American thought and culture, a number of Catholic intellectuals were thinking seriously about the relationship between Catholicism and its American context. Within the Market Strife examines these views on economic questions in the period 1891-1962, from populism and progressivism to the New Deal and post-World War II conservatism. The book uniquely contributes to the historical understanding of Catholicism _ and of American intellectual history more generally _ by examining the ways in which Catholic views variously mirrored and interacted with broader American (non-Catholic) views. Within the Market Strife combines Catholic and general American historiographies to discern the ways in which American Catholic economic thought was dependent on factors other than their adherence to the authoritative social teaching of their church, unique political loyalties, personal experience, and economic theories. This book is an essay in intellectual history that will prove itself invaluable to scholars interested in Catholic history, economic history, American religious history, and American intellectual history.

The First Credit Market Turmoil of the 21st Century

The First Credit Market Turmoil of the 21st Century PDF

Author: Douglas Darrell Evanoff

Publisher: World Scientific

Published: 2009

Total Pages: 404

ISBN-13: 981428047X

DOWNLOAD EBOOK →

Since the summer of 2007, credit markets in almost all industrial countries have been in substantial turmoil and this has become the focus of intense policy debates. The papers in this volume are contributed by the world's leading financial experts and constitute a thorough examination of the first credit market turmoil of the 21st Century. They provide an overview of the main causes, transmission mechanisms and economic implications of what by now has become a major systemic financial crisis. They assess the most important policy considerations and conclude about how to stabilize financial systems, attenuate repercussions on the real economy and shape future regulatory structures. The analyses, conclusions, and recommendations can be expected to influence both public and private policies to mitigate, if not prevent, such crises in the future.

World of Toil and Strife

World of Toil and Strife PDF

Author: Peter N. Moore

Publisher: Univ of South Carolina Press

Published: 2007

Total Pages: 212

ISBN-13: 9781570036668

DOWNLOAD EBOOK →

A case study in Upcountry community development in the colonial and early republic era

The First Credit Market Turmoil of the 21st Century

The First Credit Market Turmoil of the 21st Century PDF

Author: Douglas Darrell Evanoff

Publisher: World Scientific

Published: 2009

Total Pages: 404

ISBN-13: 9814280488

DOWNLOAD EBOOK →

I. Special addresses. Central banks and the financial turmoil / José Manuel González-Páramo. The implications of the credit crisis for public policy / Charles H. Dallara. Where are our leaders? / Kenneth W. Dam. Trust and financial markets / Paola Sapienza -- What happened, where? A view of the U.S. subprime crisis . Robert DiClemente and Kermit Schoenholtz. What has happened in Europe? Monetary policy, lending cycles, banking competition, risk-taking,and regulation / Jesús Saurina. The subprime crisis effects in the rest of the world / Laura E. Kodres -- III. How serious is the damage? Bank failures : the limitations of risk modeling / Patrick Honohan. Comments : how serious is the damage? / Christopher Kent -- IV. Why did it go undetected/underestimated for so long? Cliff risk and the credit crisis / Joseph R. Mason. The credit crunch of 2007 : what went wrong? why? What lessons can be learned? / John C. Hull. Overdependence on credit ratings was a primary cause of the crisis / Frank Partnoy -- V. Experience with crisis management. Liquidity management under market turmoil : experience of the European Central Bank in the first year of the 2007-2008 financial market crisis / Nuno Cassola, Cornelia Holthausen and Flemming Würtz. Crisis management and financial stability : some lessons from the United Kingdom / Nigel Jenkinson -- VI. Implications for Basel II and bank capital regulation. Risk management failures during the financial crisis / Michel Crouchy. A supervisor's view of the current financial turmoil / Cathy Lemieux and Steven VanBever. The subprime crisis : lessons about market discipline / Mark J. Flannery. Comments : implications for bank capital standards/regulation / Robert E. Litan -- VII. Implications for regulation of financial markets and instruments. Implications of the crisis for regulation / Mark Carey. The seven deadly frictions of subprime mortgage credit securitization / Adam B. Ashcraft and Til Schuermann -- VIII. Policy panel : where to from here? Where to from here? : lessons for research, policy and the industry / Philipp Hartmann. Tarp version 1 : a turning point in crisis management / Richard J. Herring. Financial crises : seeing patterns, limiting risks / Henry Kaufman.Addressing the credit market turmoil of 2007-08 / Sam Peltzman. Where to from here? / Lawrence R. Uhlick.

States, Scarcity, and Civil Strife in the Developing World

States, Scarcity, and Civil Strife in the Developing World PDF

Author: Colin H. Kahl

Publisher: Princeton University Press

Published: 2018-06-05

Total Pages: 333

ISBN-13: 0691188378

DOWNLOAD EBOOK →

Over the past several decades, civil and ethnic wars have undermined prospects for economic and political development, destabilized entire regions of the globe, and left millions dead. States, Scarcity, and Civil Strife in the Developing World argues that demographic and environmental stress--the interactions among rapid population growth, environmental degradation, inequality, and emerging scarcities of vital natural resources--represents one important source of turmoil in today's world. Kahl contends that this type of stress places enormous strains on both societies and governments in poor countries, increasing their vulnerability to armed conflict. He identifies two pathways whereby this process unfolds: state failure and state exploitation. State failure conflicts occur when population growth, environmental degradation, and resource inequality weaken the capacity, legitimacy, and cohesion of governments, thereby expanding the opportunities and incentives for rebellion and intergroup violence. State exploitation conflicts, in contrast, occur when political leaders themselves capitalize on the opportunities arising from population pressures, natural resource scarcities, and related social grievances to instigate violence that serves their parochial interests. Drawing on a wide array of social science theory, this book argues that demographically and environmentally induced conflicts are most likely to occur in countries that are deeply split along ethnic, religious, regional, or class lines, and which have highly exclusive and discriminatory political systems. The empirical portion of the book evaluates the theoretical argument through in-depth case studies of civil strife in the Philippines, Kenya, and numerous other countries. The book concludes with an analysis of the challenges demographic and environmental change will pose to international security in the decades ahead.

Strife In the Sanctuary

Strife In the Sanctuary PDF

Author: Phil Zuckerman

Publisher: Rowman Altamira

Published: 2000-01-01

Total Pages: 264

ISBN-13: 0585208042

DOWNLOAD EBOOK →

For more than forty years there was a single synagogue in the quiet town of Williamette, Oregon. But then disagreements over gender roles, homosexuality, Israeli politics, and other issues tore the synagogue in two. Where there was once one Jewish community under one roof, there are now two hostile congregations_one Reconstructionist, one Orthodox_across the street from one another. Through a year as a participant in both congregations and in-depth interviews, Zuckerman tells a mesmerizing story of this religious schism. Strife in the Sanctuary then contemplates why religious groups split apart and how religious symbols come to mean different things to different groups. The first book-length study of a single congregation breaking in two, Strife in the Sanctuary provides a welcome ethnographic study for sociologists of religion. Plus, its moving story makes it an excellent read for undergraduate classes or anyone interested in religious divisions.

The Behavior of Fixed-income Funds during COVID-19 Market Turmoil

The Behavior of Fixed-income Funds during COVID-19 Market Turmoil PDF

Author: Mr.Frank Hespeler

Publisher: International Monetary Fund

Published: 2020-12-14

Total Pages: 12

ISBN-13: 1513563696

DOWNLOAD EBOOK →

This note analyzes the stress experienced (and caused) by open-end mutual funds during the March COVID-19 stress episode, with a focus on global fixed-income funds. In light of increased valuation uncertainty, funds experienced a short period of intense withdrawals while the market liquidity of their holdings deteriorated substantially. To cover redemptions, afflicted funds predominantly shed liquid assets first—for example, cash, cash equivalents, and US Treasury securities. But forced asset sales amplified price pressures in markets and contributed to liquidity falling across fixed-income markets. This drop in market liquidity, as well as the general stress in financial markets, may have led to fund investors becoming even more sensitive to challenging portfolio performance and encouraged further withdrawals. Only after central banks intervened, directly and indirectly supporting asset managers, did liquidity and redemption stress subside. Overall, the March episode validated the financial-stability concerns about liquidity vulnerabilities in the fund industry and calls for further action to address them.