Remarks, delivered at the Memorial Service for Howard Stein on October 14, 2002

Remarks, delivered at the Memorial Service for Howard Stein on October 14, 2002 by Arend D. Lubbers, who served as President of Grand Valley from 1969-2001

A Brief History of Aid in East Africa: The Political Economy of Convergence

Entwicklungshilfe; Entwicklungspolitik; Entwicklung; Systemvergleich; Tansania; Uganda; Kenia; Ostafrika

Financial Globalization and Economic Development: Toward an Institutional Foundation

On the promise of enormous benefits from financial openness, many developing countries have embraced financial globalization by adopting internal and external financial liberalization. Yet, despite the rhetoric of its proponents, there is little evidence of enhanced development finance or any concomitant improvement in economic development. We critically examine the mainstream theoretical rationale for financial globalization and liberalization as well as their explanations of the widespread financial instability and crises that have been associated with financial openness. The paper also draws on broader theoretical traditions to explain the ubiquity of recent financial crises. Pointing to an alternative more dynamic analysis of the symbiotic relationships between finance and economic development, we propose an institutional-centric approach that forms a basis for understanding the transformation required for financial development. For development to occur, financial flows need to feed into real sector circuits to enhance expansion and accumulation, whilst national flows need to tap into international flows to complement the speed and capacity of the domestic flows.Developing Countries; Development; Finance; Financial Liberalization

Program Notes: The Newsletter of Literary Managers and Dramaturgs of America, volume 2, number 2

Contents include: a report of the LMDA Columbia Conference, Performaturgy, an announcement of the 1987 LMDA Conference, books by members, excerpts of Dr. Howard Stein\u27s keynote at the LMDA Symposium, a response to Terrance McNally\u27s article, Samurai dramaturgy, an open letter to Terrence McNally, an excerpted letter to the American Laboratory Theatre from Francis Fergusson, and life after literary management. Issue editors: Richard E. Kramer, Laurence Maslon, and Jeffrey Lawson.https://soundideas.pugetsound.edu/lmdareview/1003/thumbnail.jp

"Finance and Development: Institutional and Policy Alternatives to Financial Liberalization"

There are many recent worldwide examples of severe financial crises that are linked to periods of financial liberalization. Given the ubiquity of these crises, there is the legitimate question of why governments still pursue financial liberalization policies. Answers to this question range from the recent institutionalization of norms of "acceptable" financial policies and perceived potential gains of attracting private capital inflows to the implied gains arising from the economic logic embedded in the theory underlying financial liberalization. This paper will focus on the latter arguing that financial transformation along the lines proposed by McKinnon-Shaw has engendered widespread banking crises precisely because of the weak foundations of the theory. The financial liberalization theory is critically evaluated on both theoretical and empirical grounds. An alternative theoretical approach is presented that focuses on ways to effect financial and banking transformation that is more consistent with economic development that draws on an institutional-centric perspective.

Finance and Development: Institutional and Policy Alternatives to Financial Liberalization Theory

Development; Finance; Financial Liberalization; Policy

Some Philosophical Prehistory of the (Earman-Norton) Hole Argument

The celu of the philosophical literature on the hole argument is the 1987 paper by Earman \& Norton ["What Price Space-time Substantivalism? The Hole Story" Br. J. Phil. Sci.]. This paper has a well-known back-story, concerning work by Stachel and Norton on Einstein's thinking in the years 1913-15. Less well-known is a connection between the hole argument and Earman's work on Leibniz in the 1970s and 1980s, which in turn can be traced to an argument first presented in 1975 by Howard Stein. Remarkably, this thread originates with a misattribution: the argument Earman attributes to Stein, which ultimately morphs into the hole argument, was not the argument Stein gave. The present paper explores this episode and presents some reflections on how it bears on the subsequent literature

Some Philosophical Prehistory of the (Earman-Norton) Hole Argument

The celu of the philosophical literature on the hole argument is the 1987 paper by Earman \& Norton ["What Price Space-time Substantivalism? The Hole Story" Br. J. Phil. Sci.]. This paper has a well-known back-story, concerning work by Stachel and Norton on Einstein's thinking in the years 1913-15. Less well-known is a connection between the hole argument and Earman's work on Leibniz in the 1970s and 1980s, which in turn can be traced to an argument first presented in 1975 by Howard Stein. Remarkably, this thread originates with a misattribution: the argument Earman attributes to Stein, which ultimately morphs into the hole argument, was not the argument Stein gave. The present paper explores this episode and presents some reflections on how it bears on the subsequent literature

Some Philosophical Prehistory of the (Earman-Norton) Hole Argument

The celu of the philosophical literature on the hole argument is the 1987 paper by Earman \& Norton ["What Price Space-time Substantivalism? The Hole Story" Br. J. Phil. Sci.]. This paper has a well-known back-story, concerning work by Stachel and Norton on Einstein's thinking in the years 1913-15. Less well-known is a connection between the hole argument and Earman's work on Leibniz in the 1970s and 1980s, which in turn can be traced to an argument first presented in 1975 by Howard Stein. Remarkably, this thread originates with a misattribution: the argument Earman attributes to Stein, which ultimately morphs into the hole argument, was not the argument Stein gave. The present paper explores this episode and presents some reflections on how it bears on the subsequent literature