The international face of Thessaloniki: the “Greek crisis,” the entrepreneurial mayor, and mainstream media discourses

Thessaloniki and its mayor have been portrayed quite favourably in international mainstream media compared to the Greek state after the 2008 economic crisis. The dominant (media) discourses on Greece interpret the crisis as the result of the failure of the Greek state to reform due to the prevalence of a traditional political culture over a modern one and the moral failures of the population. In the international media representations of Thessaloniki, the local government has been described as “exceptional” in its crisis management compared to the state and other local governments, and the city's mayor, Yiannis Boutaris, has been portrayed as a reform hero, due to the implemented entrepreneurial development strategy and the revamp of the city's image through place branding. Analysing the key role of international media in the production and reproduction of a place-branding campaign of Thessaloniki in international media by employing critical discourse analysis, the paper questions the favourable representations of the city compared to the Greek state during the same period. I argue that the serial repetition of positive images contributed to Thessaloniki being perceived as an example to be followed by other Greek local governments and the central state, acting as a best practice example for transformations envisioned on wider scales. The paper contributes to place-branding debates by illustrating the important role of international media in the dissemination of place brands, and by analysing how media representations of place may serve the legitimation of processes of neoliberalisation on scales wider than the concrete urban setting where they occur

Credit Information Sharing and Loan Default in Developing Countries: The Moderating Effect of Banking Market Concentration and National Governance Quality

Departing from the existing literature, which associates credit information sharing with improved access to credit in advanced economies, we examine whether credit information sharing can also reduce loan default rate for banks domiciled in developing countries. Using a large dataset covering 879 unique banks from 87 developing countries from every continent, over a nine-year period (i.e., over 6,300 observations), we uncover three new findings. First, we find that credit information sharing reduces loan default rate. Second, we show that the relationship between credit information sharing and loan default rate is conditional on banking market concentration. Third, our findings suggest that governance quality at the country level does not have a strong moderating role on the effect of credit information sharing on loan default rate

State-building, war and violence : evidence from Latin America

In European history, war has played a major role in state‐building and the state monopoly on violence. But war is a very specific form of organized political violence, and it is decreasing on a global scale. Other patterns of armed violence now dominate, ones that seem to undermine state‐building, thus preventing the replication of European experiences. As a consequence, the main focus of the current state‐building debate is on fragility and a lack of violence control inside these states. Evidence from Latin American history shows that the specific patterns of the termination of both war and violence are more important than the specific patterns of their organization. Hence these patterns can be conceptualized as a critical juncture for state‐building. While military victories in war, the subordination of competing armed actors and the prosecution of perpetrators are conducive for state‐building, negotiated settlements, coexistence, and impunity produce instability due to competing patterns of authority, legitimacy, and social cohesion