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Languages : en
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Category :
Languages : en
Pages : 224
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Author: Sylvia Walby
Publisher: John Wiley & Sons
ISBN: 150950320X
Category : Social Science
Languages : en
Pages : 174
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Book Description
We are living in a time of crisis which has cascaded through society. Financial crisis has led to an economic crisis of recession and unemployment; an ensuing fiscal crisis over government deficits and austerity has led to a political crisis which threatens to become a democratic crisis. Borne unevenly, the effects of the crisis are exacerbating class and gender inequalities. Rival interpretations – a focus on ‘austerity’ and reduction in welfare spending versus a focus on ‘financial crisis’ and democratic regulation of finance – are used to justify radically diverse policies for the distribution of resources and strategies for economic growth, and contested gender relations lie at the heart of these debates. The future consequences of the crisis depend upon whether there is a deepening of democratic institutions, including in the European Union. Sylvia Walby offers an alternative framework within which to theorize crisis, drawing on complexity science and situating this within the wider field of study of risk, disaster and catastrophe. In doing so, she offers a critique and revision of the social science needed to understand the crisis.
Author: Stefanie Haeffele
Publisher: Springer Nature
ISBN: 3030393097
Category : Business & Economics
Languages : en
Pages : 145
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When crises occur, citizens, media and policymakers alike expect government to respond and to take a leading role in recovery. Given the scale and scope of crises, whether natural (such as hurricanes, floods, and earthquakes), manmade (such as conflict and economic downturns), or often a combination of the two, governments are often seen as being in the best position to identify the problems, understand the circumstances, and direct action. They are also likely to be the entities that have adequate resources to devote to such large-scale efforts. Yet, governments are not spared from the effects of crises. They are composed of individuals who are impacted by disasters and face many of the same challenges in identifying needs, prioritizing action, and adjusting to changing circumstances. It is by no surprise that governments are also often scrutinized during and after crises. How, then, do we understand the capability of and proper role for governments to respond to crisis and to drive recovery? This edited volume—comprised of chapters by accomplished scholars and seasoned practitioners in disaster and crises studies and management, spanning multiple disciplines including sociology, economics, and public administration—examines the roles, expectations, and capabilities of government responses to crises. It gives an overview of the literature, provides lessons learned from both research and experience on the ground during crises, and puts forth a framework for understanding crisis management and subsequent policy implications. It will be of use to any scholars, students, practitioners or policymakers interested in learning from and better preparing for crises and responding when they do occur.
Author: Financial Crisis Inquiry Commission
Publisher: Cosimo, Inc.
ISBN: 1616405414
Category : Political Science
Languages : en
Pages : 692
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The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
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Author: Martha Baum
Publisher: Routledge
ISBN: 1135431973
Category : Medical
Languages : en
Pages : 222
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Book Description
With the collapse of the steel industry in the 1980s, economic devastation hit the Pittsburgh, Pennsylvania, region. Social Work Intervention in an Economic Crisis strives to deepen understanding of the impact of the economic tragedy in the Pittsburgh region and to present social workers’efforts to enhance recovery. This case study serves as a model for social workers, human service educators and agency personnel, public health professionals, community organizers, policymakers, economic strategists, and researchers in social work, public health, sociology, anthropology, and political science to design and implement human service interventions for similar communities using techniques of action research, community organization, and demonstration projects. Social Work Intervention in an Economic Crisis shows readers relatively simple and highly effective ways of assessing the social-economic situation in their given geographical area. This allows professionals to be in touch with their surrounding communities and estimate the clientele to be served, their particular needs, and their abilities to access services. Chapters in Social Work Intervention in an Economic Crisis describe the responses of local institutions; the roles of informal and formal support networks; and the economic devastation inflicted upon individuals, households, and whole communities. To this end, Hide Yamatani, Lambert Maguire, Robin K. Rogers, and Mary Lou O’Kennedy take the socioeconomic “pulse” of six communities, launching a longitudinal monitoring effort that can be replicated elsewhere for long-range planning and intervention; Martha Baum, Barbara K. Shore, and Kathy Fleissner address the special problems women face; Mary Page and Myrna Silverman focus upon the elderly and their families; Phyllis D. Coontz, Judith A. Martin, and Edward W. Sites look at fathers facing altered childrearing; and Lambert Maguire and Hide Yamatani discuss youth facing altered economic opportunities. With this knowledge in hand, readers acquire skills for: using action research to assess how economic tragedy affects people’s lives mobilizing appropriate actors to engage in intervention learning from community groups and leaders about their concerns to work with them rather than for them recognizing the properties of community cohesion versus fragmentation as they affect efforts of renewal identifying individuals and families suffering most under economic devastation realizing the limits of micro-level intervention generating macro policies at the state and federal levels disseminating findings from action research and intervention/demonstration efforts Finally, Social Work Intervention in an Economic Crisis offers proposals for new societal mechanisms that might reduce the impact of future recessions. The findings and policy proposals set forth in this book help households and institutions deal with the effects of economic change which continue to afflict many families and small communities in the 1990s.
Author: Todd Swanstrom
Publisher:
ISBN: 9780877225621
Category : History
Languages : en
Pages : 328
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By demonstrating the political role which investment plays in local politics, this book breaks new ground in the study of community power. Until recently, students of community power ignored growth politics because they saw the economic context of cities as nonpolitical. This study examines the effect of mobile investment on political power and public policy in Cleveland, a dying industrial city with an expanding downtown service sector. Swanstrom shows how a combative young mayor named Dennis Kucinich challenged the conservative logic of growth politics but was unable to put forth a positive agenda to address the inequities of urban development. Also, this book demonstrates how Kucinich's brand of politics resulted in paralyzing conflict with the city council and the myriad interest groups of city politics.Growth politics, very simply, is the effort by local governments to attract mobile wealth into their jurisdictions. Under economic pressure, many older cities have succumbed to the conservative logic of growth politics, a form of trickle-down economics. In order to provide the jobs and tax base necessary for a healthy city, the argument goes, local governments must compete with other cities for capital investment by cutting social expenditures for the poor and providing subsidies for mobile corporate investors. In Cleveland, such practices led to a striking contrast between its booming downtown and declining blue-collar neighborhoods, an uneven distribution of the costs and benefits of growth politics. Elected mayor in 1979, Kucinich refused to sell the municipal light plant, even under pressure from area bankers. This resulted in the city's default, thereby killing an ineffective tax abatement program for downtown.Swanstrom, who served in the administrations of both Kucinich and his more conservative successor, offers a careful study of the background, issues, and events of this highly charged episode of confrontation politics. He sets out to dispel the illusion of growth politics, to expose the politics hidden in economic growth issues, and to explore the unintended effects of reform efforts when collective interests rather than individuals benefit from political influence. Here is a study which demonstrates that growth politics and its hidden evils must be reckoned with and reexamined by those in local power. Author note: Todd Swanstrom is Assistant Professor of Political Science in the Rockefeller College of Public Affairs at State University of New York, Albany He has been active in city planning both in Cleveland and in Albany.
Author: Terry F. Buss
Publisher:
ISBN:
Category :
Languages : en
Pages : 8
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Author: Nolan McCarty
Publisher: Princeton University Press
ISBN: 1400846390
Category : Political Science
Languages : en
Pages : 369
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How governmental failure led to the 2008 financial crisis—and what needs to be done to avoid another similar event Behind every financial crisis lurks a "political bubble"—policy biases that foster market behaviors leading to financial instability. Rather than tilting against risky behavior, political bubbles—arising from a potent combination of beliefs, institutions, and interests—aid, abet, and amplify risk. Demonstrating how political bubbles helped create the real estate-generated financial bubble and the 2008 financial crisis, this book argues that similar government oversights in the aftermath of the crisis undermined Washington's response to the "popped" financial bubble, and shows how such patterns have occurred repeatedly throughout US history. The authors show that just as financial bubbles are an unfortunate mix of mistaken beliefs, market imperfections, and greed, political bubbles are the product of rigid ideologies, unresponsive and ineffective government institutions, and special interests. Financial market innovations—including adjustable-rate mortgages, mortgage-backed securities, and credit default swaps—become subject to legislated leniency and regulatory failure, increasing hazardous practices. The authors shed important light on the politics that blinds regulators to the economic weaknesses that create the conditions for economic bubbles and recommend simple, focused rules that should help avoid such crises in the future. The first full accounting of how politics produces financial ruptures, Political Bubbles offers timely lessons that all sectors would do well to heed.
