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Politics of Last Resort

2020-01-13 Political Science
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Release : 2020-01-13
Genre : Political Science
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Book Rating : 720/5 ( reviews)

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Book Synopsis Politics of Last Resort by : Jonathan White

Download or read book Politics of Last Resort written by Jonathan White. This book was released on 2020-01-13. Available in PDF, EPUB and Kindle. Book excerpt: Prominent in the EU's recent transformations has been the tendency to advance extraordinary measures in the name of crisis response. From emergency lending to macro-economics, border management to Brexit, policies are pursued unconventionally and as measures of last resort. This book investigates the nature, rise, and implications of this politics of emergency as it appears in the transnational setting. As the author argues, recourse to this method of rule is an expression of the deeper weakness of executive power in today's Europe. It is how policy-makers contend with rising socio-economic power and diminishing representative ties, seeking fall-back authority in the management of crises. In the structure of the EU they find incentives and few impediments. Whereas political exceptionalism tends to be associated with sovereign power, here it is power's diffusion and functional disaggregation that spurs politics in the emergency mode. The effect of these governing patterns is not just to challenge and reshape ideas of EU legitimacy rooted in constitutionalism and technocracy. The politics of emergency fosters a counter-politics in its mirror image, as populists and others play with themes of necessity and claim the right to disobedience in extremis. The book examines the prospects for democracy once the politics of emergency takes hold, and what it might mean to put transnational politics on a different footing.

The Last Resort

2022-06-28 Business & Economics
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Release : 2022-06-28
Genre : Business & Economics
Kind : eBook
Book Rating : 637/5 ( reviews)

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Book Synopsis The Last Resort by : Sarah Stodola

Download or read book The Last Resort written by Sarah Stodola. This book was released on 2022-06-28. Available in PDF, EPUB and Kindle. Book excerpt: A captivating exploration of beach resort culture—from its roots in fashionable society to its undervalued role in today’s world economy—as the travel industry approaches a climate reckoning With its promise of escape from the strains of everyday life, the beach has a hold on the popular imagination as the ultimate paradise. In The Last Resort, Sarah Stodola dives into the psyche of the beachgoer and gets to the heart of what drives humans to seek out the sand. At the same time, she grapples with the darker realities of resort culture: strangleholds on local economies, reckless construction, erosion of beaches, weighty carbon footprints, and the inevitable overdevelopment and decline that comes with a soaring demand for popular shorelines. The Last Resort weaves Stodola’s firsthand travel notes with her exacting journalism in an enthralling report on the past, present, and future of coastal travel. She takes us from Monte Carlo, where the pursuit of pleasure first became part of the beach resort experience, to a village in Fiji that was changed irrevocably by the opening of a single resort; from the overdevelopment that stripped Acapulco of its reputation for exclusivity to Miami Beach, where extreme measures are underway to prevent the barrier island from vanishing into the ocean. In the twenty-first century, beach travel has become central to our globalized world—its culture, economy, and interconnectedness. But with sea levels likely to rise at least 1.5 to 3 feet by the end of this century, beaches will become increasingly difficult to preserve, and many will disappear altogether. What will our last resort be when water begins to fill the lobbies?

Corruption as a Last Resort

2014-10-30 Business & Economics
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Release : 2014-10-30
Genre : Business & Economics
Kind : eBook
Book Rating : 913/5 ( reviews)

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Book Synopsis Corruption as a Last Resort by : Kelly M. McMann

Download or read book Corruption as a Last Resort written by Kelly M. McMann. This book was released on 2014-10-30. Available in PDF, EPUB and Kindle. Book excerpt: Using evidence from her long-term research in Kazakhstan and Kyrgyzstan, Kelly M. McMann traces the situations that drive individuals to illicitly seek employment and loans from government officials.

The Lender of Last Resort Function after the Global Financial Crisis

2016-01-22 Business & Economics
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Release : 2016-01-22
Genre : Business & Economics
Kind : eBook
Book Rating : 780/5 ( reviews)

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Book Synopsis The Lender of Last Resort Function after the Global Financial Crisis by : Marc Dobler

Download or read book The Lender of Last Resort Function after the Global Financial Crisis written by Marc Dobler. This book was released on 2016-01-22. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis (GFC) has renewed interest in emergency liquidity support (sometimes referred to as “Lender of Last Resort”) provided by central banks to financial institutions and challenged the traditional way of conducting these operations. Despite a vast literature on the topic, central bank approaches and practices vary considerably. In this paper we focus on, for the most part, the provision of idiosyncratic support, approaching it from an operational perspective; highlighting different approaches adopted by central banks; and also identifying some of the issues that arose during the GFC.

The State as Financier of Last Resort

2022-10-13 Business & Economics
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Release : 2022-10-13
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis The State as Financier of Last Resort by : Bryn Battersby

Download or read book The State as Financier of Last Resort written by Bryn Battersby. This book was released on 2022-10-13. Available in PDF, EPUB and Kindle. Book excerpt: During the COVID-19 pandemic and global financial crisis, governments swiftly served as financiers of last resort through large financial support measures (FSMs) such as loan and guarantee programs and equity injections in firms. This Staff Discussion Note argues that such FSMs prevented bankruptcies and attenuated the recession by increasing firms’ liquidity, reducing risk premiums, and boosting confidence. But FSMs also carry large and long-lasting fiscal costs and risks. The note presents recommendations for managing the legacies of the COVID-19 programs and preparing for future crises. Ideally, FSMs should be assessed and included in budget plans, though a balance needs to be struck between speed and scrutiny.

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