Economic Shocks and Authoritarian Stability

Economic Shocks and Authoritarian Stability PDF Author: Victor C Shih
Publisher: University of Michigan Press
ISBN: 0472037676
Category : Political Science
Languages : en
Pages : 271

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Book Description
Over two billion people still live under authoritarian rule. Moreover, authoritarian regimes around the world command enormous financial and economic resources, rivaling those controlled by advanced democracies. Yet authoritarian regimes as a whole are facing their greatest challenges in the recent two decades due to rebellions and economic stress. Extended periods of hardship have the potential of introducing instability to regimes because members of the existing ruling coalition suffer welfare losses that force them to consider alternatives, while previously quiescent masses may consider collective uprisings a worthwhile gamble in the face of declining standards of living. Economic Shocks and Authoritarian Stability homes in on the economic challenges facing authoritarian regimes through a set of comparative case studies that include Iran, Iraq under Saddam Hussein, Malaysia, Indonesia, Jordan, Russia, the Eastern bloc countries, China, and Taiwan—authored by the top experts in these countries. Through these comparative case studies, this volume provides readers with the analytical tools for assessing whether the current round of economic shocks will lead to political instability or even regime change among the world’s autocracies. This volume identifies the duration of economic shocks, the regime’s control over the financial system, and the strength of the ruling party as key variables to explain whether authoritarian regimes would maintain the status quo, adjust their support coalitions, or fall from power after economic shocks.

Economic Shocks and Authoritarian Stability

Economic Shocks and Authoritarian Stability PDF Author: Victor C Shih
Publisher: University of Michigan Press
ISBN: 0472037676
Category : Political Science
Languages : en
Pages : 271

Get Book Here

Book Description
Over two billion people still live under authoritarian rule. Moreover, authoritarian regimes around the world command enormous financial and economic resources, rivaling those controlled by advanced democracies. Yet authoritarian regimes as a whole are facing their greatest challenges in the recent two decades due to rebellions and economic stress. Extended periods of hardship have the potential of introducing instability to regimes because members of the existing ruling coalition suffer welfare losses that force them to consider alternatives, while previously quiescent masses may consider collective uprisings a worthwhile gamble in the face of declining standards of living. Economic Shocks and Authoritarian Stability homes in on the economic challenges facing authoritarian regimes through a set of comparative case studies that include Iran, Iraq under Saddam Hussein, Malaysia, Indonesia, Jordan, Russia, the Eastern bloc countries, China, and Taiwan—authored by the top experts in these countries. Through these comparative case studies, this volume provides readers with the analytical tools for assessing whether the current round of economic shocks will lead to political instability or even regime change among the world’s autocracies. This volume identifies the duration of economic shocks, the regime’s control over the financial system, and the strength of the ruling party as key variables to explain whether authoritarian regimes would maintain the status quo, adjust their support coalitions, or fall from power after economic shocks.

Restoring Financial Stability

Restoring Financial Stability PDF Author: New York University Stern School of Business
Publisher: John Wiley & Sons
ISBN: 0470499346
Category : Business & Economics
Languages : en
Pages : 416

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Book Description
An insightful look at how to reform our broken financial system The financial crisis that unfolded in September 2008 transformed the United States and world economies. As each day's headlines brought stories of bank failures and rescues, government policies drawn and redrawn against the backdrop of an historic Presidential election, and solutions that seemed to be discarded almost as soon as they were proposed, a group of thirty-three academics at New York University Stern School of Business began tackling the hard questions behind the headlines. Representing fields of finance, economics, and accounting, these professors-led by Dean Thomas Cooley and Vice Dean Ingo Walter-shaped eighteen independent policy papers that proposed market-focused solutions to the problems within a common framework. In December, with great urgency, they sent hand-bound copies to Washington. Restoring Financial Stability is the culmination of their work. Proposes bold, yet principled approaches-including financial policy alternatives and specific courses of action-to deal with this unprecedented, systemic financial crisis Created by the contributions of various academics from New York University's Stern School of Business Provides important perspectives on both the causes of the global financial crisis as well as proposed solutions to ensure it doesn't happen again Contains detailed evaluations and analyses covering many spectrums of the marketplace Edited by Matthew Richardson and Viral Acharya, this reliable resource brings together the best thinking of finance and economics from the faculty of one of the top universities in world.

Financial Stability, Economic Growth, and the Role of Law

Financial Stability, Economic Growth, and the Role of Law PDF Author: Douglas W. Arner
Publisher: Cambridge University Press
ISBN: 113946454X
Category : Law
Languages : en
Pages : 331

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Book Description
Financial crises have become an all too common occurrence over the past twenty years, largely as a result of changes in finance brought about by increasing internationalization and integration. As domestic financial systems and economies have become more interlinked, weaknesses can significantly impact not only individual economies but also markets, financial intermediaries, and economies around the world. This volume addresses the twin objectives of financial development in the context of financial stability and the role of law in supporting both. Financial stability (frequently seen as the avoidance of financial crisis) has become an objective of both the international financial architecture and individual economies and central banks. At the same time, financial development is now seen to play an important role in economic growth. In both financial stability and financial development, law and related institutions have a central role.

Understanding Financial Stability

Understanding Financial Stability PDF Author: Indranarain Ramlall
Publisher: Emerald Group Publishing
ISBN: 1787568350
Category : Business & Economics
Languages : en
Pages : 129

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Book Description
Understanding Financial Stability undertakes an in-depth analysis of all the issues related to financial stability. It establishes a general framework for a holistic assessment of financial stability, provides a comprehensive analysis pertaining to the genesis of financial crises and offers key terms embodied in financial stability.

Differential Equations, Stability, and Chaos in Dynamic Economics

Differential Equations, Stability, and Chaos in Dynamic Economics PDF Author: William A. Brock
Publisher: North Holland
ISBN:
Category : Business & Economics
Languages : en
Pages : 414

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Book Description
This is the first economics work of its kind offering the economist the opportunity to acquire new and important analytical tools. It introduces the reader to three advanced mathematical methods by presenting both their theoretical bases and their applications to a wide range of economic models. The mathematical methods presented are ordinary differential equations, stability techniques and chaotic dynamics. Topics such as existence, continuation of solutions, uniqueness, dependence on initial data and parameters, linear systems, stability of linear systems, two dimensional phase analysis, local and global stability, the stability manifold, stability of optimal control and empirical tests for chaotic dynamics are covered and their use in economic theory is illustrated in numerous applications. These applications include microeconomic dynamics, investment theory, macroeconomic policies, capital theory, business cycles, financial economics and many others. All chapters conclude with two sections on miscellaneous applications and exercises and further remarks and references. In total the reader will find a valuable guide to over 500 selected references that use differential equations, stability analysis and chaotic dynamics. Graduate students in economics with a special interest in economic theory, economic researchers and applied mathematicians will all benefit from this volume.

Bad Year Economics

Bad Year Economics PDF Author: Paul Halstead
Publisher: Cambridge University Press
ISBN: 0521330211
Category : Business & Economics
Languages : en
Pages : 160

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Book Description
Explores the role of risk and uncertainty in human economics within an interdisciplinary an cross-cultural framework.

The Costs and Benefits of Price Stability

The Costs and Benefits of Price Stability PDF Author: Martin Feldstein
Publisher: University of Chicago Press
ISBN: 0226241769
Category : Business & Economics
Languages : en
Pages : 374

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Book Description
In recent years, the Federal Reserve and central banks worldwide have enjoyed remarkable success in their battle against inflation. The challenge now confronting the Fed and its counterparts is how to proceed in this newly benign economic environment: Should monetary policy seek to maintain a rate of low-level inflation or eliminate inflation altogether in an effort to attain full price stability? In a seminal article published in 1997, Martin Feldstein developed a framework for calculating the gains in economic welfare that might result from a move from a low level of inflation to full price stability. The present volume extends that analysis, focusing on the likely costs and benefits of achieving price stability not only in the United States, but in Germany, Spain, and the United Kingdom as well. The results show that even small changes in already low inflation rates can have a substantial impact on the economic performance of different countries, and that variations in national tax rules can affect the level of gain from disinflation.

Oregon Blue Book

Oregon Blue Book PDF Author: Oregon. Office of the Secretary of State
Publisher:
ISBN:
Category : Oregon
Languages : en
Pages : 232

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Book Description


In Search of Stability

In Search of Stability PDF Author: Charles S. Maier
Publisher: Cambridge University Press
ISBN: 9780521346986
Category : Business & Economics
Languages : en
Pages : 308

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Book Description
In Search of Stability: Explorations in Historical Political Economy ponders the issue of how Western industrial societies overcame major challenges to political and economic stability in the twentieth century. Successive essays ask: what ideological messages did American influence transmit to Europe after World War I, then again after World War II? Did Nazis and Italian fascists share an economic ideology or impose a unique economic system in the interwar period and during World War II? How do their accomplishments stack up comparatively against those of the liberal democracies? After 1945, what was the relationship between concepts of productivity and class division? How have the major experiences of twentieth-century inflation arisen out of class and interest-group rivalry? Most generally, what has been the representation of interests in capitalist political economies?

Optimization and Stability Theory for Economic Analysis

Optimization and Stability Theory for Economic Analysis PDF Author: Brian Beavis
Publisher: Cambridge University Press
ISBN: 9780521336055
Category : Economics, Mathematical
Languages : en
Pages : 440

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Book Description
This book presents a coherent and systematic exposition of the mathematical theory of the problems of optimization and stability. Both of these are topics central to economic analysis since the latter is so much concerned with the optimizing behaviour of economic agents and the stability of the interaction processes to which this gives rise. The topics covered include convexity, mathematical programming, fixed point theorems, comparative static analysis and duality, the stability of dynamic systems, the calculus of variations and optimal control theory. The authors present a more detailed and wide-ranging discussion of these topics than is to be found in the few books which attempt a similar coverage. Although the text deals with fairly advanced material, the mathematical prerequisites are minimised by the inclusion of an integrated mathematical review designed to make the text self-contained and accessible to the reader with only an elementary knowledge of calculus and linear algebra. A novel feature of the book is that it provides the reader with an understanding and feel for the kinds of mathematical techniques most useful for dealing with particular economic problems. This is achieved through an extensive use of a broad range of economic examples (rather than the numerical/algebraic examples so often found). This is suitable for use in advanced undergraduate and postgraduate courses in economic analysis and should in addition prove a useful reference work for practising economists.