scholarly journals International Organizations’ Involvement in Youth Unemployment as a Global Policy Field, and the Global Financial Crisis

2021 ◽  
pp. 31-56
Author(s):  
Ross Fergusson
Keyword(s):  
International Organizations ◽  
Critical Analysis ◽  
Global Financial Crisis ◽  
Historical Context ◽  
Youth Unemployment ◽  
The World Bank ◽  
Social Governance ◽  
The World ◽  
Policy Field ◽  
The Global Financial Crisis

AbstractTo date, global social policy has afforded minimal attention to the ways International Organizations (IOs) have responded to youth unemployment as an important and distinctive policy field. This chapter redresses this gap in the literature by means of a critical analysis of the governance capacities of the key IOs (particularly the International Labour Organization (ILO) and the World Bank (WB)), toward developing a wider understanding of modes of global social governance. The chapter establishes the historical context of multiple IOs’ engagements in this policy field. It focuses on the evolving relationships between the ILO and the WB and their construction of, and withdrawal from, partnerships that variously facilitated and limited the pursuit of their respective strategies and goals for alleviating youth unemployment. Focusing on the ILO’s and the WB’s policy discourses, the chapter traces the trajectories of joint partnerships that were dissolved, and of externally facing partnerships that better reflect distinctive ILO and WB priorities.

scholarly journals Business, as usual: the policy priorities of the World Bank's discourses on youth unemployment, and the global financial crisis

2013 ◽  
Vol 29 (1) ◽  
pp. 64-78 ◽  
Author(s):  
Ross Fergusson ◽  
Nicola Yeates
Keyword(s):  
World Bank ◽  
Global Financial Crisis ◽  
Criminal Activity ◽  
Youth Unemployment ◽  
The World ◽  
Wage Regulation ◽  
The Global Financial Crisis ◽  
Business As Usual ◽  
The Unemployed

This article undertakes a detailed analysis of the formative role of the World Bank in the framing of youth unemployment. It charts the World Bank's emergence as a powerful political actor in this policy field and identifies the ideational content of its policy discourses on the causes of youth unemployment and responses to it. Four principal themes are identified: skills deficits; wage regulation; the “demographication” of explanations for burgeoning youth unemployment; and connections between youth unemployment, criminal activity and social disorder. The discussion highlights significant evidence of neo-liberal continuity and reinvention in World Bank discourses as its normative and ideational frameworks are extended to new terrains of analysis in ways that infer links between youth unemployment and individual deficits of the unemployed.

scholarly journals THE INFLUENCE OF GLOBALIZATION IN BRAZILIAN HIGHER EDUCATION

2020 ◽  
Vol 10 (4) ◽  
pp. 54-66
Author(s):  
Alexey Carvalho
Keyword(s):  
Higher Education ◽  
Economic Development ◽  
World Bank ◽  
International Organizations ◽  
Critical Analysis ◽  
Relevant Literature ◽  
Economic Cooperation ◽  
The World Bank ◽  
Public Resources ◽  
The World

The purpose of this paper is to bring to reflection the main influences of globalization in Brazilian higher education has occurred in the last two decades. A critical analysis of the relevant literature was made, addressing the main international organizations such as the World Bank (WB) and the Organization for Economic Cooperation and Development (OECD), as well as its main guidelines for the education. Among the aspects analyzed, it is possible to verify a convergence of the guidelines of these organizations about the importance of Higher Education for economic development and the need to link the use of public resources to quality.

Epilogue

2014 ◽  
Author(s):  
Christopher Nobes
Keyword(s):  
Financial Reporting ◽  
International Organizations ◽  
Global Financial Crisis ◽  
Record Keeping ◽  
The World ◽  
Monitoring And Enforcement ◽  
History Of ◽  
The Global Financial Crisis ◽  
High Level ◽  
Double Entry

The ‘Epilogue’ takes an overview of accounting and considers some high level questions. How important has accounting been in the history of the world? It is clear that some sophisticated record-keeping system is necessary for larger and complex international organizations and double-entry bookkeeping serves well in this function, which is why it has gradually replaced other systems around the world. Can we rely on accounting? There are now fairly detailed rules on what to disclose and how to measure, plus monitoring and enforcement have been strengthened around the world. Did accounting cause the global financial crisis? Is financial reporting as good as it can get? And can we trust the auditors?

ASPEK ETIK DAN SISTEMIK DALAM EKONOMI DAN BISNIS ISLAM

ALQALAM ◽  
2014 ◽  
Vol 31 (1) ◽  
pp. 187
Author(s):  
Budi Harsanto
Keyword(s):  
Financial Crisis ◽  
Business Ethics ◽  
Moral Hazard ◽  
Global Financial Crisis ◽  
Financial Institution ◽  
Research Question ◽  
Academic Journals ◽  
Lehman Brothers ◽  
The World ◽  
The Global Financial Crisis

The fall of Enron, Lehman Brothers and other major financial institution in the world make researchers conduct various studies about crisis. The research question in this study is, from Islamic economics and business standpoint, why the global financial crisis can happen repeatedly. The purpose is to contribute ideas regarding Islamic viewpoint linked with the global financial crisis. The methodology used is a theoretical-reflective to various article published in academic journals and other intellectual resources with relevant themes. There are lots of analyses on the causes of the crisis. For discussion purposes, the causes divide into two big parts namely ethics and systemic. Ethics contributed to the crisis by greed and moral hazard as a theme that almost always arises in the study of the global financial crisis. Systemic means that the crisis can only be overcome with a major restructuring of the system. Islamic perspective on these two aspect is diametrically different. At ethics side, there is exist direction to obtain blessing in economics and business activities. At systemic side, there is rule of halal and haram and a set of mechanism of economics system such as the concept of ownership that will early prevent the seeds of crisis. Keywords: Islamic economics and business, business ethics, financial crisis 

Financialization

2018 ◽  
pp. 276-290
Author(s):  
Ravi Roy ◽  
Thomas D. Willett
Keyword(s):  
Financial Markets ◽  
Financial Services ◽  
Capital Mobility ◽  
Global Financial Crisis ◽  
Economic Globalization ◽  
The Past ◽  
The World ◽  
The Global Financial Crisis ◽  
National Economies ◽  
Global Financial System

The size and scope of financial sectors throughout the world have grown exponentially in tandem with the rise of globalization and increased capital mobility. The terms “economic globalization” and “financialization” are often discussed as inextricably related phenomena. Although the rapid increase in the number and variety of financial services and products during the past four decades has helped spur economic growth and create wealth on an unprecedented scale, the devastating fallout from the global financial crisis of 2008–2009, and the economic turbulence that followed, demonstrates how poorly managed financial sectors can simultaneously cause enormous pain. This chapter argues that if the opportunities created by economic globalization and financialization are to be maximized, while at the same tempering volatile financial markets, then the global financial system (and the national economies connected with it) must be fundamentally restructured. A number of ways that should be taken under consideration are discussed.

The autonomy of international organizations? The analysis of major powers’ influence over the World Bank’s aid policies

2021 ◽  
pp. 223386592110248
Author(s):  
Yooneui Kim ◽  
Youngwan Kim
Keyword(s):  
World Bank ◽  
International Organizations ◽  
Development Assistance ◽  
The United States ◽  
Official Development Assistance ◽  
Global Politics ◽  
Major Powers ◽  
The United Kingdom ◽  
The World Bank ◽  
The World

Are international organizations autonomous actors in global politics? This paper investigates whether and how major powers influence the World Bank’s official development assistance policies. Despite the World Bank’s attempts to maintain independence from its member states, we argue that major powers are still influential. Testing this expectation with the data of official development assistance provisions between 1981 and 2017, we find that the World Bank provides a higher amount of official development assistance to the recipient countries that receive a higher amount of such assistance from the major powers such as the United States, the United Kingdom, France, Germany and Japan. In addition, the World Bank is prone to provide a higher amount of official development assistance to the recipients that have a similar preference to the major powers. This study sheds light on the relations between major powers and international organizations.

Recognized and Violated by International Law: The Human Rights of the Global Poor

2005 ◽  
Vol 18 (4) ◽  
pp. 717-745 ◽  
Author(s):  
THOMAS POGGE
Keyword(s):  
Human Rights ◽  
Civil Rights ◽  
International Law ◽  
World Bank ◽  
International Organizations ◽  
Human Beings ◽  
Customary International Law ◽  
The World Bank ◽  
Institutional Structures ◽  
The World

Various human rights are widely recognized in codified and customary international law. These human rights promise all human beings protection against specific severe harms that might be inflicted on them domestically or by foreigners. Yet international law also establishes and maintains institutional structures that greatly contribute to violations of these human rights: fundamental components of international law systematically obstruct the aspirations of poor populations for democratic self-government, civil rights, and minimal economic sufficiency. And central international organizations, such as the WTO, the IMF, and the World Bank, are designed so that they systematically contribute to the persistence of severe poverty.

scholarly journals Financial cycle − A critical analysis of the methodology for its identification

2021 ◽  
Vol 10 (3) ◽  
pp. 99-116
Author(s):  
Łukasz Kurowski
Keyword(s):  
Economic Policy ◽  
Critical Analysis ◽  
Global Financial Crisis ◽  
Critical Perspective ◽  
Financial Cycle ◽  
Economic Justification ◽  
The Business Cycle ◽  
The Global Financial Crisis

Abstract While the legitimacy of the concept of the financial cycle (as distinct from the business cycle) in research and economic policy after the experience of the global financial crisis raises no concerns, the methodology for its application has become a subject of discussion. The purpose of this article is to indicate which research methods dominate in identifying a financial cycle and which methodological traps accompany them. The low level of critical perspective on the methods used to identify cycles often results in conclusions that have no economic justification and may result in erroneous decisions in economic policy and central bank practice. The case study carried out in the article confirms that the key elements in identifying a financial cycle are part of a long-term series covering at least two lengths of the financial cycle. In addition, because the results may be sensitive to the type of filter used, it is important not to rely on a single variable but rather to build indexes that take into account a number of them (including those obtained using filtration methods).

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