Shocks To The System

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Shock to the System

Author : Michael K. Miller
Publisher : Princeton University Press
ISBN 13 : 0691217599
Total Pages : 362 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Shock to the System by : Michael K. Miller

Download or read book Shock to the System written by Michael K. Miller and published by Princeton University Press. This book was released on 2021-07-20 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: How violent events and autocratic parties trigger democratic change How do democracies emerge? Shock to the System presents a novel theory of democratization that focuses on how events like coups, wars, and elections disrupt autocratic regimes and trigger democratic change. Employing the broadest qualitative and quantitative analyses of democratization to date, Michael Miller demonstrates that more than nine in ten transitions since 1800 occur in one of two ways: countries democratize following a major violent shock or an established ruling party democratizes through elections and regains power within democracy. This framework fundamentally reorients theories on democratization by showing that violent upheavals and the preservation of autocrats in power—events typically viewed as antithetical to democracy—are in fact central to its foundation. Through in-depth examinations of 139 democratic transitions, Miller shows how democratization frequently follows both domestic shocks (coups, civil wars, and assassinations) and international shocks (defeat in war and withdrawal of an autocratic hegemon) due to autocratic insecurity and openings for opposition actors. He also shows how transitions guided by ruling parties spring from their electoral confidence in democracy. Both contexts limit the power autocrats sacrifice by accepting democratization, smoothing along the transition. Miller provides new insights into democratization’s predictors, the limited gains from events like the Arab Spring, the best routes to democratization for long-term stability, and the future of global democracy. Disputing commonly held ideas about violent events and their effects on democracy, Shock to the System offers new perspectives on how regimes are transformed.

The Shifts and the Shocks

Author : Martin Wolf
Publisher : Penguin UK
ISBN 13 : 0718197976
Total Pages : 528 pages
Book Rating : 4.7/5 (181 download)

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Book Synopsis The Shifts and the Shocks by : Martin Wolf

Download or read book The Shifts and the Shocks written by Martin Wolf and published by Penguin UK. This book was released on 2014-09-04 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Shifts and the Shocks, Martin Wolf - one of the world's most influential economic commentators and author of Why Globalization Works - presents his controversial and highly original analysis of the economic course of the last seven years There have been many books that have sought to explain the causes and courses of the financial and economic crisis which began in 2007-8. The Shifts and the Shocks is not another detailed history of the crisis, but the most persuasive and complete account yet published of what the crisis should teach us us about modern economies and economics. The book identifies the origin of the crisis in the complex interaction between globalization, hugely destabilizing global imbalances and our dangerously fragile financial system. In the eurozone, these sources of instability were multiplied by the tragically defective architecture of the monetary union. It also shows how much of the orthodoxy that shaped monetary and financial policy before the crisis occurred was complacent and wrong. In doing so, it mercilessly reveals the failures of the financial, political and intellectual elites who ran the system. The book also examines what has been done to reform the financial and monetary systems since the worst of the crisis passed. 'Are we now on a sustainable course?' Wolf asks. 'The answer is no.' He explains with great clarity why 'further crises seem certain' and why the management of the eurozone in particular 'guarantees a huge political crisis at some point in the future.' Wolf provides far more ambitious and comprehensive plans for reform than any currently being implemented. Written with all the intellectual command and trenchant judgement that have made Martin Wolf one of the world's most influential economic commentators, The Shifts and the Shocks matches impressive analysis with no-holds-barred criticism and persuasive prescription for a more stable future. It is a book no-one with an interest in global affairs will want to neglect. MARTIN WOLF is Associate Editor and Chief Economics Commentator at the Financial Times, London. He is the recipient of many awards for financial journalism, for which he was also made a CBE in 2000. His previous books include Why Globalization Works and Fixing Global Finance. "We have been inundated with books about the 'financial' aspects of the crisis. There have also been many books about specific institutions or memoirs by retired policy-makers. We need something different. There are two dimensions of the crisis that have received surprisingly little treatment. One is the link between developments in the macro-economy and the behaviour of the financial sector. The other is the global dimension of the crisis. Both these lie at the heart of Martin Wolf's analysis of the causes of the crisis and of his proposals to reduce the risk of another crisis. For these two reasons this is an important book that will be influential. Most important of all, it is in my view the right analysis and remedy" Mervyn King "To think straight about the causes and solutions of the financial crisis we must reject orthodox assumptions that more finance and global financial integration are limitlessly beneficial. The Shifts and the Shocks does just that, providing an intellectually sparkling and vital account of why the crisis occurred, and of the radical reforms needed if we are to avoid a future repeat" Adair Turner "Martin Wolf is unsurpassed in the world of economic journalists. His superb book may be the best of all those spawned by the Great Recession. It is analytical and rigorous without ever succumbing to fatalism or complacency" Lawrence Summers

Banking Systems Simulation

Author : Stefano Zedda
Publisher : John Wiley & Sons
ISBN 13 : 111919590X
Total Pages : 272 pages
Book Rating : 4.1/5 (191 download)

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Book Synopsis Banking Systems Simulation by : Stefano Zedda

Download or read book Banking Systems Simulation written by Stefano Zedda and published by John Wiley & Sons. This book was released on 2017-03-15 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents information sources and methodologies for modeling and simulating banking system stability Combining both academic and institutional knowledge and experience, Banking Systems Simulation: Theory, Practice, and Application of Modeling Shocks, Losses, and Contagion presents banking system risk modeling clearly within a theoretical framework. Written from the global financial perspective, the book explores single bank risk, common bank exposures, and contagion, and how these apply on a systemic level. Zedda approaches these simulation methods logically by providing the basic building blocks of modeling and simulation, and then delving further into the individual techniques that make up a systems model. In addition, the author provides clear and detailed explanations of the foundational research into the mathematical and legal concepts used to analyze banking risk problems, measures and data for representing the main banking risk sources, and the major problems researchers are likely to encounter. There are numerous software descriptions throughout, with references and tools to help readers gain a proper understanding of the presented techniques and possibly develop new applications and research. The book concludes with an appendix that features real-world datasets and models. In addition, this book: • Provides a comprehensive overview of methods for analyzing models and simulating risk for banking and financial systems • Provides a clear presentation of the technical and legal concepts used in banking regulation • Presents unique insights from an expert’s perspective, with specific coverage of assessing risks and developing what-if analyses at the systems level • Concludes with a discussion of applications, including banking systems regulation what-if tests, cost-benefit analysis, evaluations of banking systems stability effects on public finances, dimensioning, and risk-based contributions for Deposit Guarantee Schemes (DGS) and Resolution Funds Banking Systems Simulation: Theory, Practice, and Application of Modeling Shocks, Losses, and Contagion is ideal for banking researchers focusing on computational methods of analysis as well as an appropriate reference for graduate-level students in banking, finance, and computational methods. Stefano Zedda is Researcher in Financial Mathematics at the University of Cagliari in Italy and qualified as associate professor in banking and corporate finance. His research is mainly focused on quantitative analyses for banking and finance, with a particular focus on banking systems modeling and simulation. In 2008, Zedda developed the mathematical modeling and software implementation of the Systemic Model for Banking Originated Losses (SYMBOL), further developed during his activity at the European Commission. The Commission subsequently adopted it as a standard tool for testing banking regulation proposals. Stefano Zedda’s research interests include banking, financial mathematics, and statistics, specifically simulation of banking and financial systems stability, banking regulation impact assessment, and interactive agent simulation.

The Shock Doctrine

Author : Naomi Klein
Publisher : Metropolitan Books
ISBN 13 : 1429919485
Total Pages : 576 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis The Shock Doctrine by : Naomi Klein

Download or read book The Shock Doctrine written by Naomi Klein and published by Metropolitan Books. This book was released on 2010-04-01 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: The bestselling author of No Logo shows how the global "free market" has exploited crises and shock for three decades, from Chile to Iraq In her groundbreaking reporting, Naomi Klein introduced the term "disaster capitalism." Whether covering Baghdad after the U.S. occupation, Sri Lanka in the wake of the tsunami, or New Orleans post-Katrina, she witnessed something remarkably similar. People still reeling from catastrophe were being hit again, this time with economic "shock treatment," losing their land and homes to rapid-fire corporate makeovers. The Shock Doctrine retells the story of the most dominant ideology of our time, Milton Friedman's free market economic revolution. In contrast to the popular myth of this movement's peaceful global victory, Klein shows how it has exploited moments of shock and extreme violence in order to implement its economic policies in so many parts of the world from Latin America and Eastern Europe to South Africa, Russia, and Iraq. At the core of disaster capitalism is the use of cataclysmic events to advance radical privatization combined with the privatization of the disaster response itself. Klein argues that by capitalizing on crises, created by nature or war, the disaster capitalism complex now exists as a booming new economy, and is the violent culmination of a radical economic project that has been incubating for fifty years.

Tax Evasion, Technology Shocks and the Cyclicality of Government Revenues

Author :
Publisher : Fundacion BBVA
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4./5 ( download)

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Book Synopsis Tax Evasion, Technology Shocks and the Cyclicality of Government Revenues by :

Download or read book Tax Evasion, Technology Shocks and the Cyclicality of Government Revenues written by and published by Fundacion BBVA. This book was released on 2011 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Theory of Shocks, COVID-19, and Normative Fundamentals for Policy Responses

Author : Pilipenko, Olga Ivanovna
Publisher : IGI Global
ISBN 13 : 1799843106
Total Pages : 396 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Theory of Shocks, COVID-19, and Normative Fundamentals for Policy Responses by : Pilipenko, Olga Ivanovna

Download or read book Theory of Shocks, COVID-19, and Normative Fundamentals for Policy Responses written by Pilipenko, Olga Ivanovna and published by IGI Global. This book was released on 2021-03-18 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: The phenomenon of shocks is often mentioned in relation to economic crises but rarely studied. This gap in research has resulted in shocks being poorly understood, with no fundamental explanation of their inciting conditions. It is a system-forming problem that cannot be investigated without dynamic ideas about the economy, but an incomplete understanding of this event leaves economic systems vulnerable to collapse. Theory of Shocks, COVID-19, and Normative Fundamentals for Policy Responses is an essential publication that explores the factors that cause economic shocks and the mechanisms of their implementation. The book serves as a resource for the development of policy-oriented frameworks for achieving and maintaining national and international strategies to properly manage future global shocks. Featuring coverage of a wide range of topics including dialectics, self-evolvement, and structural relationships, this book is ideally designed for economists, executives, managers, entrepreneurs, academicians, students, and researchers in the areas of finance, macroeconomics, economic theory, and risk assessment.

The Shock Absorber Handbook

Author : John C. Dixon
Publisher : John Wiley & Sons
ISBN 13 : 0470516429
Total Pages : 432 pages
Book Rating : 4.4/5 (75 download)

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Book Synopsis The Shock Absorber Handbook by : John C. Dixon

Download or read book The Shock Absorber Handbook written by John C. Dixon and published by John Wiley & Sons. This book was released on 2008-02-28 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every one of the many millions of cars manufactured annually worldwide uses shock absorbers, otherwise known as dampers. These form a vital part of the suspension system of any vehicle, essential for optimizing road holding, performance and safety. This, the second edition of the Shock Absorber Handbook (first edition published in 1999), remains the only English language book devoted to the subject. Comprehensive coverage of design, testing, installation and use of the damper has led to the book's acceptance as the authoritative text on the automotive applications of shock absorbers. In this second edition, the author presents a thorough revision of his book to bring it completely up to date. There are numerous detail improvements, and extensive new material has been added particularly on the many varieties of valve design in the conventional hydraulic damper, and on modern developments such as electrorheological and magnetorheological dampers. "The Shock Absorber Handbook, 2nd Edition" provides a thorough treatment of the issues surrounding the design and selection of shock absorbers. It is an invaluable handbook for those working in industry, as well as a principal reference text for students of mechanical and automotive engineering.

Risks and Vulnerabilities in the U.S. Bond Mutual Fund Industry

Author : Antoine Bouveret
Publisher : International Monetary Fund
ISBN 13 : 1513582321
Total Pages : 48 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Risks and Vulnerabilities in the U.S. Bond Mutual Fund Industry by : Antoine Bouveret

Download or read book Risks and Vulnerabilities in the U.S. Bond Mutual Fund Industry written by Antoine Bouveret and published by International Monetary Fund. This book was released on 2021-04-29 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses liquidity risk for the United States (U.S.) bond mutual funds industry and performs a range of analyses to identify which fund categories are more vulnerable to distress than others, and how sales from funds can impact financial stability. We develop a new measure to identify vulnerable categories based on expected outflows labelled ‘Flows in Distress’. Overall, most U.S. mutual funds are resilient yet high yield (HY) and loan funds would face a liquidity shortfall when faced with severe redemption shocks. Combined sales from funds can have a sizeable price impact. Finally, our contagion analysis using data on fund flows and returns shows that Investment Grade (IG) corporate bonds funds, municipal bond funds and government bond funds are more likely to spread distress to other fund categories than HY, EM and loan funds. When the first type of funds experiences stress, other funds categories are likely to experience stress as well.

The International Monetary System

Author : Peter B. Kenen
Publisher : Cambridge University Press
ISBN 13 : 9780521467292
Total Pages : 370 pages
Book Rating : 4.4/5 (672 download)

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Book Synopsis The International Monetary System by : Peter B. Kenen

Download or read book The International Monetary System written by Peter B. Kenen and published by Cambridge University Press. This book was released on 1994-10-13 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the two decades prior to publication of this 1994 book, international monetary relations had been characterised by latent instability, and then by severe tensions. Yet the issue of reforming the international monetary system does not appear on the agenda of the policy makers of the major countries involved. The International Monetary System tries to analyse this apparent contradiction. It brings together contributions from some of the most authoritative academic economists and monetary officials, and examines each of the fundamental functions of the international monetary system. There is broad support for improving present monetary arrangements with the aim of ensuring more stable conditions in monetary and financial markets and of promoting the orderly adjustment of payments disequilibria. For political reasons a fully-fledged reform exercise is unlikely, but very few experts seem to like the status quo. This book provides the reader with a comprehensive account of the institutional and policy changes required to manage an increasingly integrated and interdependent global monetary and financial system.

Collisionless Shocks in Space Plasmas

Author : David Burgess
Publisher : Cambridge University Press
ISBN 13 : 1316351750
Total Pages : 367 pages
Book Rating : 4.3/5 (163 download)

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Book Synopsis Collisionless Shocks in Space Plasmas by : David Burgess

Download or read book Collisionless Shocks in Space Plasmas written by David Burgess and published by Cambridge University Press. This book was released on 2015-07-30 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shock waves are an important feature of solar system plasmas, from the solar corona out to the edge of the heliosphere. This engaging introduction to collisionless shocks in space plasmas presents a comprehensive review of the physics governing different types of shocks and processes of particle acceleration, from fundamental principles to current research. Motivated by observations of planetary bow shocks, interplanetary shocks and the solar wind termination shock, it emphasises the physical theory underlying these shock waves. Readers will develop an understanding of the complex interplay between particle dynamics and the electric and magnetic fields that explains the observations of in situ spacecraft. Written by renowned experts in the field, this up-to-date text is the ideal companion for both graduate students new to heliospheric physics and researchers in astrophysics who wish to apply the lessons of solar system shocks to different astrophysical environments.

Electoral Shocks

Author : Edward Fieldhouse
Publisher : Oxford University Press
ISBN 13 : 0192520857
Total Pages : 320 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis Electoral Shocks by : Edward Fieldhouse

Download or read book Electoral Shocks written by Edward Fieldhouse and published by Oxford University Press. This book was released on 2019-12-13 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Electoral Shocks: The Volatile Voter in a Turbulent World offers a novel perspective on British elections, focusing on the role of electoral shocks in the context of increasing electoral volatility. It demonstrates and explains the long-term trend in volatility, how shocks have contributed to the level of electoral volatility, and also which parties have benefited from the ensuing volatility. It follows in the tradition of British Election Study books, providing a comprehensive account of specific election outcomes- the General Elections of 2015 and 2017-and a more general and novel approach to understanding electoral change. The authors examine five electoral shocks that affected the elections of 2015 and 2017: the rise in immigration after 2004, particularly from Eastern Europe; the Global Financial Crisis prior to 2010; the coalition government of the Conservatives and the Liberal Democrats between 2010 and 2015; the Scottish Independence Referendum in 2014; and the European Union Referendum in 2016. The focus on electoral shocks offers an overarching explanation for the volatility in British elections, alongside the long-term trends that have led to this point. It offers a way to understand the rise and fall of the UK Independence Party (UKIP), Labour's disappointing 2015 performance and its later unexpected gains, the collapse in support for the Liberal Democrats, the dramatic gains of the Scottish National Party (SNP) in 2015, and the continuing period of tumultuous politics that has followed the EU referendum and the General Election of 2017. It provides a new way of understanding electoral choice in Britain, and also beyond, and a better understanding of the outcomes of recent elections.

Electoral Shocks

Author : Ed Fieldhouse
Publisher : Oxford University Press
ISBN 13 : 0198800584
Total Pages : 305 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis Electoral Shocks by : Ed Fieldhouse

Download or read book Electoral Shocks written by Ed Fieldhouse and published by Oxford University Press. This book was released on 2020 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Electoral Shocks: The Volatile Voter in a Turbulent World offers a novel perspective on British elections, focusing on the role of electoral shocks in the context of increasing electoral volatility. It demonstrates and explains the long-term trend in volatility, how shocks have contributed to the level of electoral volatility, and also which parties have benefited from the ensuing volatility. It follows in the tradition of British Election Study books, providing a comprehensive account of specific election outcomes- the General Elections of 2015 and 2017-and a more general and novel approach to understanding electoral change. The authors examine five electoral shocks that affected the elections of 2015 and 2017: the rise in immigration after 2004, particularly from Eastern Europe; the Global Financial Crisis prior to 2010; the coalition government of the Conservatives and the Liberal Democrats between 2010 and 2015; the Scottish Independence Referendum in 2014; and the European Union Referendum in 2016. The focus on electoral shocks offers an overarching explanation for the volatility in British elections, alongside the long-term trends that have led to this point. It offers a way to understand the rise and fall of the UK Independence Party (UKIP), Labour's disappointing 2015 performance and its later unexpected gains, the collapse in support for the Liberal Democrats, the dramatic gains of the Scottish National Party (SNP) in 2015, and the continuing period of tumultuous politics that has followed the EU referendum and the General Election of 2017. It provides a new way of understanding electoral choice in Britain, and also beyond, and a better understanding of the outcomes of recent elections.

Regional Resilience to Climate and Environmental Shocks

Author : Rita De Siano
Publisher : Springer Nature
ISBN 13 : 3030545881
Total Pages : 114 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Regional Resilience to Climate and Environmental Shocks by : Rita De Siano

Download or read book Regional Resilience to Climate and Environmental Shocks written by Rita De Siano and published by Springer Nature. This book was released on 2020-10-01 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book illustrates the use of spatial econometric models to analyze the economic resilience of regions to climate-related shocks. Although climate change is a global externality, climate anomalies can trigger locally disruptive shocks, whose adverse effects on economic growth are transmitted through neighbouring relationships (based on geography, trade, or technological bonds). After laying out the theoretical case for spatial analysis in the study of economic resilience, the book introduces spatial econometric models, their estimation and testing procedures, as well as applications of spatial econometrics in various domains. It then reviews the current literature on the role of space in the propagation of climate shocks, and discusses how adaptation and mitigation policies can leverage spatial dependencies, with a special focus on renewable energy technologies and agricultural productivity. It appeals to scholars of regional and spatial sciences and econometrics as well as those interested in the spatial effects of climate and environmental shocks.

Popular Science

Author :
Publisher :
ISBN 13 :
Total Pages : 116 pages
Book Rating : 4./5 ( download)

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Book Synopsis Popular Science by :

Download or read book Popular Science written by and published by . This book was released on 1985-08 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: Popular Science gives our readers the information and tools to improve their technology and their world. The core belief that Popular Science and our readers share: The future is going to be better, and science and technology are the driving forces that will help make it better.

Fundamentals of Automotive Technology

Author : Vangelder
Publisher : Jones & Bartlett Learning
ISBN 13 : 128410995X
Total Pages : 1884 pages
Book Rating : 4.2/5 (841 download)

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Book Synopsis Fundamentals of Automotive Technology by : Vangelder

Download or read book Fundamentals of Automotive Technology written by Vangelder and published by Jones & Bartlett Learning. This book was released on 2017-02-24 with total page 1884 pages. Available in PDF, EPUB and Kindle. Book excerpt: Resource added for the Automotive Technology program 106023.

Popular Mechanics

Author :
Publisher :
ISBN 13 :
Total Pages : 118 pages
Book Rating : 4./5 ( download)

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Book Synopsis Popular Mechanics by :

Download or read book Popular Mechanics written by and published by . This book was released on 1992-08 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Popular Mechanics inspires, instructs and influences readers to help them master the modern world. Whether it’s practical DIY home-improvement tips, gadgets and digital technology, information on the newest cars or the latest breakthroughs in science -- PM is the ultimate guide to our high-tech lifestyle.

Shocks and Political Change

Author : William R. Thompson
Publisher : Springer Nature
ISBN 13 : 9819914981
Total Pages : 258 pages
Book Rating : 4.8/5 (199 download)

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Book Synopsis Shocks and Political Change by : William R. Thompson

Download or read book Shocks and Political Change written by William R. Thompson and published by Springer Nature. This book was released on 2023-05-16 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political shocks have come to be considered highly salient for explaining major changes to international politics and to the foreign policies of states. Such shocks can occur at all levels of analysis: domestically, dyadically, regionally, or globally. They range from political phenomena such as coups and wars to ecological catastrophes. These shocks are sufficiently disruptive to cause foreign policy makers to reconsider their foreign policy orientations and to contemplate major changes to their policies. In fact, some have argued that it is mostly through political shocks that fundamental policy change occurs in most states. No wonder then that political shocks are now increasingly part of the toolbox of considerations used by foreign policy and international relations scholars as they focus on understanding patterns of conflict and cooperation between states. Given the salience of political shocks to understand foreign policy change, this book brings together a group of both senior and more junior scholars whose previous work has shown substantial promise for moving forward theory and empirical analysis. Their combined efforts in this book highlight the value of multiple theoretical and empirical approaches to a clearer understanding of the nature of political shocks and their consequences for foreign policy and international politics.