50 research outputs found

    A Complex Political Economy of the Global Banking System

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    The global financial crisis which began in 2007 is the most severe economic event since the 1930s. The profound political and economic consequences of the crisis have clarified the need to better understand the financial system at both micro and macro levels. This dissertation advances research on both fronts. First, it utilizes network prominence measures to look at the pre- and post-crisis organization of the global banking system, finding that American prestige has increased as a result of the crisis. Second, it employs complex network theory and inferential statistical models to explain why the global banking system is organized as it is, finding that endogenous processes interact with monadic and dyadic political economy variables to produce a global structure. Third, it examines bank behaviors at the firm level, demonstrates that representative agent models are insufficient for explaining the patterns observed, proposes an alternative approach drawing from ecological finance theory, tests the model using Bayesian regression, and finds support for the new approach. In sum, this dissertation demonstrates the need for further quantitative political economy work at both the micro and macro levels of the global financial system and provides several possible pathways forward.Doctor of Philosoph

    Bifurcate

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    Bifurcating means: reconstituting a political economy that reconnects local knowledge and practices with macroeconomic circulation and rethinks territoriality at its different scales of locality; developing an economy of contribution on the basis of a contributory income no longer tied to employment and once again valuing work as a knowledge activity; overhauling law, and government and corporate accounting, via economic and social experiments, including in laboratory territories, and in relation to cooperative, local market economies formed into networks and linked to international trade; revaluing research from a long-term perspective, independent of the short-term interests of political and economic powers; reorienting digital technology in the service of territories and territorial cooperation. The collective work that produced this book is based on the claim that today’s destructive development model is reaching its ultimate limits, and that its toxicity, which is increasingly massive, manifest and multidimensional (medical, environmental, mental, epistemological, economic – accumulating pockets of insolvency, which become veritable oceans), is generated above all by the fact that the current industrial economy is based in every sector on an obsolete physical model – a mechanism that ignores the constraints of locality in biology and the entropic tendency in reticulated computational information. In these gravely perilous times, we must bifurcate: there is no alternative

    Essays in Fiscal Policy and Budgeting

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    Tax competition literature predicts a world where countries will suppress taxes on mobile capital to attract it from elsewhere. Do the countries of South East Asia interact with each other strategically and compete when setting corporate taxes or do they compete for capital through other incentives? Data was collected from World Bank and American Enterprise Institute to model the tax interaction across these countries as a spatially dependent process. Findings indicate that these countries compete in terms of taxes amongst themselves only to a limited extent, but try to attract capital through non-tax incentives. Moreover, the spread of production processes by MNCs in these countries are such that they can act as a block to attract capital from the rest of the world, while not competing too much amongst them. Does Soft Budget Constraint exist in Indian State finances? If it does what is its extent and how does it manifest itself? Using data from Reserve Bank of India and Ministry of Finance sources our analysis indicate that states in India do indeed enjoy the benefits of soft budget constraint and expect the Central government to bail them out through regular resource transfers. Can the Theory of Punctuated Equilibrium of policy making explain the pattern of jumps and stasis in Indian state budgets? Or can explanations like political business cycle and forecast error correction be sufficient to explain such patterns? A detailed study of the annual budgetary changes indicate that although such competing explanations can partly explain the pattern, but still the Punctuated Equilibrium Theory is strongly applicable in explaining the leptokurtic pattern of annual budgetary changes in India

    Bifurcate

    Get PDF
    Bifurcating means: reconstituting a political economy that reconnects local knowledge and practices with macroeconomic circulation and rethinks territoriality at its different scales of locality; developing an economy of contribution on the basis of a contributory income no longer tied to employment and once again valuing work as a knowledge activity; overhauling law, and government and corporate accounting, via economic and social experiments, including in laboratory territories, and in relation to cooperative, local market economies formed into networks and linked to international trade; revaluing research from a long-term perspective, independent of the short-term interests of political and economic powers; reorienting digital technology in the service of territories and territorial cooperation. The collective work that produced this book is based on the claim that today’s destructive development model is reaching its ultimate limits, and that its toxicity, which is increasingly massive, manifest and multidimensional (medical, environmental, mental, epistemological, economic – accumulating pockets of insolvency, which become veritable oceans), is generated above all by the fact that the current industrial economy is based in every sector on an obsolete physical model – a mechanism that ignores the constraints of locality in biology and the entropic tendency in reticulated computational information. In these gravely perilous times, we must bifurcate: there is no alternative

    Environmental Aspects in Global Modeling. Proceedings of the 7th IIASA Symposium on Global Modeling

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    The Seventh Global Modeling Conference concentrated on a key problem that, it was felt, deserved special attention, namely, the role of the environment in global modeling. The purpose of the conference was not so much to look back on what had been achieved (or remained to be done), but rather to examine what should be learnt for future modeling work from past achievements or omissions. It is hoped that the papers presented in this volume will give an overview of the problematique and of possibilities for future advances

    Managing the implementation of universal primary education policy in Ugandan primary schools

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    This research study sought to understand “how the implementation of universal primary education (UPE) policy in Ugandan primary schools is managed”. Furthermore, in exploring the challenges faced as they relate to UPE planning and organising, the research sought to provide evidence-based solutions in form of recommendations to address the planning and organising challenges identified. Considering the above, in order to understand how the implementation of UPE policy in Ugandan primary schools is managed, as part of the methodological procedures, the research process adopted by the researcher followed a qualitative study approach using a case study research design (collective) as the research design or strategy, and constructivism (interpretivism) as the research paradigm. As part of the triangulation of data, a review of relevant literature was conducted in combination with semi-structured individual interviews and focus group discussions with the purposively selected UPE stakeholders responsible for the management and implementation of the UPE programme in Uganda. The participants included: UPE school principals (school or implementation level); UPE policy makers (Ministry of Education and Sports officials at national level), and district education officials and local government representatives (district level). Inductive thematic analysis was used for data analysis of this research. The main findings concerning the strength of the current UPE planning and organising framework, among others, were: UPE management and implementation is executed at the national, district and school levels and each UPE stakeholder has a role; UPE implementation management is decentralised and authority is delegated to local governments; and UPE management and implementation constitutes of guidelines and directives. On the other hand, the findings concerning the UPE planning and organising weaknesses (challenges), among others, were: inadequate financial resources in form of low UPE capitation grants; the misuse and misallocation of UPE funds; the lack of consultation and involvement of frontline UPE stakeholders and the civil society in the planning and formulation of UPE policies and the lack of qualifications and skills of the UPE stakeholders responsible for the management of the implementation of the UPE programme. Considering the research findings, under decentralisation, the top-down UPE management and implementation framework that constitutes the current UPE planning and organising framework, has failed to address key UPE management and implementation challenges especially at the school level. Therefore, based on empirical and literature review findings of this research study, the management of the implementation of the UPE programme in Uganda, although it has registered some successes, it is still constrained, faces both monetary and nonmonetary challenges and is, therefore, internally and externally inefficient. In this regard, in order to address the challenges, the researcher proposes recommendations for the national, district and school levels for consideration and adoption by the Ministry of Education and Sports in order to address the bottlenecks impeding the efficient management and implementation of the UPE programme in Ugandan primary schools. In determining the recommendations and what constitutes a successful UPE planning and organising framework, the researcher considered among other things, the participants’ suggestions, and trends or lessons from international best practices.Educational Management and LeadershipD, Phil. (Education Management

    University of Windsor Graduate Calendar 2004-2006

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    https://scholar.uwindsor.ca/universitywindsorgraduatecalendars/1020/thumbnail.jp
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