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Author: M. Chang
Publisher: Springer
ISBN: 1403980179
Category : Political Science
Languages : en
Pages : 211
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Book Description
Why do currency crises happen? What conditions set the stage for such a crisis? How severe will it be? When will it happen? This book answers these questions, illustrating the points by examining the exchange rate realignments of the European Monetary System. It also shows how balancing the tension between domestic and international politics plays a vital part in a government's willingness to uphold its exchange rate commitments. Michele Chang pays particular attention to the role of domestic elections, since these may prevent governments from credibly committing to a fixed exchange rate and from responding quickly and coherently to market instability, thus encouraging speculation.
Author: M. Chang
Publisher: Springer
ISBN: 1403980179
Category : Political Science
Languages : en
Pages : 211
Get Book Here
Book Description
Why do currency crises happen? What conditions set the stage for such a crisis? How severe will it be? When will it happen? This book answers these questions, illustrating the points by examining the exchange rate realignments of the European Monetary System. It also shows how balancing the tension between domestic and international politics plays a vital part in a government's willingness to uphold its exchange rate commitments. Michele Chang pays particular attention to the role of domestic elections, since these may prevent governments from credibly committing to a fixed exchange rate and from responding quickly and coherently to market instability, thus encouraging speculation.
Author: Mr.Francesco Caramazza
Publisher: International Monetary Fund
ISBN: 1451931336
Category : Business & Economics
Languages : en
Pages : 28
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Book Description
This paper explores the determinants of expected rates of realignment of the French franc/Deutsche mark exchange rate during the period 1987-1991. It does so by first estimating expected parity changes and then relating these to economic variables that are believed to influence agents’ realignment expectations. Time-varying expected rates of realignment are estimated in two ways: one, by adjusting short-term euromarket interest rate differentials for the expected rate of change of the FF/DM exchange rate within the EMS fluctuation band and two, by the differential in the yield on long-term government bonds. The behavior of the exchange rate within the band is found to be consistent with mean reversion and the expected change is nontrivial. Thus, by filtering out the expected mean reversion within the band from short-term interest rate differentials more precise measures of expected changes in the central parity are obtained. Realignment expectations are found to be closely related to the evolution of fundamental economic variables and, for shorter horizons, the position of the franc in the fluctuation band.
Author: Douglass C. North
Publisher: World Bank Publications
ISBN:
Category : Collective
Languages : en
Pages : 50
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Book Description
Abstract: The upper-income, advanced industrial countries of the world today all have market economies with open competition, competitive multi-party democratic political systems, and a secure government monopoly over violence. Such open access orders, however, are not the only norm and equilibrium type of society. The middle and low-income developing countries today, like all countries before about 1800, can be understood as limited access orders that maintain their equilibrium in a fundamentally different way. In limited access orders, the state does not have a secure monopoly on violence, and society organizes itself to control violence among the elite factions. A common feature of limited access orders is that political elites divide up control of the economy, each getting some share of the rents. Since outbreaks of violence reduce the rents, the elite factions have incentives to be peaceable most of the time. Adequate stability of the rents and thus of the social order requires limiting access and competition-hence a social order with a fundamentally different logic than the open access order. This paper lays out such a framework and explores some of its implications for the problems of development today.
Author: Leon Tikly
Publisher: Routledge
ISBN: 1351812394
Category : Education
Languages : en
Pages : 255
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Book Description
Education for Sustainable Development (ESD) lies at the heart of global, regional and national policy agendas, with the goal of achieving socially and environmentally just development through the provision of inclusive, equitable quality education for all. Realising this potential on the African continent, however, calls for radical transformation of policy and practice. Developing a transformative agenda requires taking account of the ‘learning crisis’ in schools, the inequitable access to a good quality education, the historical role of education and training in supporting unsustainable development, and the enormous challenges involved in complex system change. In the African continent, sustainable development entails eradicating poverty and inequality, supporting economically sustainable livelihoods within planetary boundaries, and averting environmental catastrophe, as well as dealing with health pandemics and security threats. In addressing these challenges, the book: explores the meaning of ESD for Africa in the context of the ‘postcolonial condition’ critically discusses the Sustainable Development Goals (SDGs) as well as regional development agendas draws on a wealth of research evidence and examples from across the continent engages with contemporary debates about the skills, competencies and capabilities required for sustainable development, including decolonising the curriculum and transforming teaching and learning relationships sets out a transformative agenda for policy-makers, practitioners, NGOs, social movements and other stakeholders based on principles of social and environmental justice. Education for Sustainable Development in the Postcolonial World is an essential read for anyone with an interest in education and socially and environmentally just development in Africa.
Author:
Publisher: IIED
ISBN: 1843696053
Category : Digital mapping
Languages : en
Pages : 155
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Book Description
Participation in spatial information management and communication. A combined CTA and IIED issue
Author: Douglas E. Mitchell
Publisher: Routledge
ISBN: 1136869964
Category : Education
Languages : en
Pages : 566
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Book Description
Shaping Education Policy is a comprehensive overview of education politics and policy during the most turbulent and rapidly changing period in American history. Respected scholars review the history of education policy to explain the political powers and processes that shape education today. Chapters cover major themes that have influenced education, including the civil rights movement, federal involvement, the accountability movement, family choice, and development of nationalization and globalization. Sponsored by the Politics of Education Association, this edited collection examines the tumultuous shifts in education policy over the last six decades and projects the likely future of public education. This book is a necessary resource for understanding the evolution, current status, and possibilities of educational policy and politics.
Author: Marcus A. Stadelmann
Publisher: John Wiley & Sons
ISBN: 1119674832
Category : Political Science
Languages : en
Pages : 336
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Book Description
Expand your political science knowledge with a book that explains concepts in a way anyone can understand! The global political climate is dynamic, at times even volatile. To understand this evolving landscape, it’s important to learn more about how countries are governed. Political Science For Dummies explores the questions that political scientists examine, such as how our leaders make decisions, who shapes political policy, and why countries go to war. The book is the perfect course supplement for students taking college-level, introductory political science courses. Political Science For Dummies is a guide that makes political science concepts easier to grasp. Get a better understanding of political ideologies, institutions, policies, processes, and behavior Explore topics such as class, government, diplomacy, law, strategy, and war Learn the specialized vocabulary within the field of political science Help prepare for a range of careers, from policy analyst to legislative assistant Political science crosses into many other areas of study, such as sociology, economics, history, anthropology, international relations, law, statistics, and public policy. Those who want to understand the implications of changing political economies or how governing bodies work can look to Political Science For Dummies. It’s the book thatcuts through the jargon as it focuses on issues that interest readers.
Author: United States. Congress. Senate. Committee on Armed Services
Publisher:
ISBN:
Category : Military bases
Languages : en
Pages : 392
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Book Description
Author: Jerold Oshinsky
Publisher: Wolters Kluwer
ISBN: 0735545782
Category : Law
Languages : en
Pages : 4668
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Book Description
Practitionerand’s Guide to Litigating Insurance Coverage Actions, Second Edition is a comprehensive, two-volume manual that offers an excellent framework for understanding the complex practical and procedural issues that can arise in insurance coverage disputes. Written by insurance litigators with extensive experience from both the policyholder and insurance company perspective, Practitionerand’s Guide to Litigating Insurance Coverage Actions reveals hard-won strategies and proven-effective litigation tools to help you successfully prepare or defend an insurance coverage case. Masterfully organized and streamlined in a two-volume format, Practitionerand’s Guide to Litigating Insurance Coverage Actions walks you through the logical sequence of events as an insurance coverage litigation case evolves. Youand’ll find: Step-by-step guidance through every stage of case preparation and litigation. Balanced and“best-practiceand” recommendations for counsel to policyholders and insurance companies. And much more! Model Forms include: Notice Letters Initial Pleadings Preliminary Motions Discovery Requests Summary Judgment Motions Motions at Trial Opening and Closing Statements Trial Briefs and Jury Instructions Motions and Briefs during Appeals Process Settlement Agreements
Author: A. Suresh Canagarajah
Publisher: Routledge
ISBN: 041568398X
Category : Foreign Language Study
Languages : en
Pages : 226
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Book Description
Winner of the AAAL Book Award 2015 Winner of the Modern Language Association's Thirty-Third Mina P. Shaughnessy Prize Winner of the BAAL Book Prize 2014 Translingual Practice: Global Englishes and Cosmopolitan Relations introduces a new way of looking at the use of English within a global context. Challenging traditional approaches in second language acquisition and English language teaching, this book incorporates recent advances in multilingual studies, sociolinguistics, and new literacy studies to articulate a new perspective on this area. Canagarajah argues that multilinguals merge their own languages and values into English, which opens up various negotiation strategies that help them decode other unique varieties of English and construct new norms. Incisive and groundbreaking, this will be essential reading for anyone interested in multilingualism, world Englishes and intercultural communication.
