The Political and Economic Consequences of COVID-19 for China

2020 ◽  
pp. 77-86
Author(s):  
Andrew W. MacDonald
1995 ◽  
Vol 27 (9) ◽  
pp. 1463-1491 ◽  
Author(s):  
J D Sidaway ◽  
M Power

As Mozambique was one of a number of Third World states that embraced Marxism-Leninism during the 1970s, the establishment and subsequent collapse of a socialist development project since independence in 1975 has had profound social, political, and economic consequences. Against these contexts, and through a chronological account which begins with the impacts of Portuguese colonialism and Mozambican nationalist responses, we analyse the contradictory impact of political and economic changes accompanying colonialism, independence, attempted socialist transformation, and the end of socialism in Mozambique as they are mediated through the built environment of the Mozambican capital city of Maputo. The combined political, social, and cultural facets within these transformations and continuities are evident throughout the account and we specify some of the ways in which these are intertwined with the political economy of urbanization. In the conclusion we reconsider what the changing trajectory of Maputo represents in global and comparative terms. We do so with reference to debates about the changing forms of international capitalist regulation and the reconfiguration of dependency.


1995 ◽  
Vol 89 (4) ◽  
pp. 856-866 ◽  
Author(s):  
Avinash Dixit ◽  
John Londregan

The political process often compensates the losers from technical change or international competition in an economically inefficient way, namely by subsidizing or protecting declining industries instead of encouraging the movement of resources to other more productive uses. We find that a dynamic inconsistency in the game of redistributive politics contributes to this outcome. To achieve economically efficient outcomes, it is necessary that those making economically inefficient choices not be given offsetting transfers. But the political process distributes income on the basis of political characteristics, which are in general different from the economic characteristics that are rewarded by the market. We identify circumstances in which the inefficient choosers have desirable political characteristics and are therefore immune from threats of having to face the economic consequences of their choices.


2004 ◽  
Vol 6 (1) ◽  
pp. 1-35 ◽  
Author(s):  
Witold Henisz

The current level and future evolution of trans-Pacific business linkages are tightly linked to domestic politics in Latin American countries. Where the structure of a nation's political institutions offer credible checks and balances against discretionary policymaking, external linkages including those with Pacific partners are stronger. Future liberalization including the formation of an FTAA is more likely when new policymakers arrive in office or when existing policymakers feel strong internal or external pressure to shift the course of their trade policy. A given liberalization is more likely to be sustained when coupled with short-term observable improvement in social and economic indicators. Countries with political institutions that fail to limit policymakers' discretion are particularly sensitive to a failure to demonstrate clear and immediate results. An analysis of the potential of an FTAA to influence trans-Pacific business linkages based on these arguments suggests that adoption is far from certain and that northern and southern countries alike will have to design an agreement with particular attention to social and economic consequences in Latin American countries.


2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Ilona Métais

The Israelis call it a “security fence,” but the Palestinians call it the “apartheid wall.” From the original idea to its construction, the West Bank barrier, which separates Israel from the West Bank, is hugely controversial. This article begins by unpacking Israel’s motivations to build such an edifice, arguing that, despite its purported security purposes, evidence suggests that the barrier may also have been intended to prevent an influx of Palestinians living inside Israeli territory that would have threatened Israel’s claim to be a Jewish State. This research investigates the political, social, and economic consequences of the barrier for Palestinians, concluding with a discussion of the barrier’s implications for the Israeli-Palestinian relationship overall. 


Author(s):  
Sebastián Royo

After over two decades of prolonged economic growth, Spain suffered its worst economic crisis in decades between 2008 and 2014. The political, social, and economic consequences of this crisis were very severe: unemployment increased sharply reaching over 27 per cent; inequalities deepened; and the two-party political system was transformed by the emergence of new parties. The implementation of structural reforms, which intensified as a result of the European Union financial sector bailout of 2012, led to economic recovery. As a result, credit was restored, strong economic growth resumed, and the political system did not implode. Yet, persistently high unemployment (particularly as regards youth and long-term) as well as inequality (and to a certain extent poverty) still persist a decade after the crisis. This chapter looks at the genesis of the crisis and examines the responses to the crisis, as well as its economic, social, and political consequences.


Significance The comfortable lead for the 'no' camp (59% to 41%), together with the high turnout (66%), constitutes a clear defeat for Renzi. The political and economic consequences are uncertain: the reform was designed to put an end to the country's endemic political instability and resulting ineffectiveness in tackling the structural but painful reforms Italy needs. It is uncertain how this process will be restarted. Impacts In light of his clear defeat, Renzi's resignation is likely to be irrevocable. The new caretaker government will be in a weak position vis-a-vis the EU on issues such as the migrant crisis and the budget. The M5S and smaller parties may be in favour of a proportional electoral system, while larger parties may prefer a majoritarian system.


Author(s):  
Boris P. Guseletov ◽  
◽  

The article is dedicated to the analysis of the European Union’s Eastern Partnership program in the post-COVID period. It considers the main features of that program in modern conditions and further prospects for its de- velopment, taking into account the consequences of the COVID-19 pandemic for the European Union and the countries participating in this program. The author analyzes the EU leadership attitude to the individual participants of the program and identifies priorities in relation to the various countries represen- ted in it. To overcome the social and economic consequences of the COVID-19 pandemic, the European Commission decided to provide financial assistance to the participating countries, but the amount of the assistance for individual countries depended on the state of relations between the European Union and the leadership of those countries. It is proved in the article that the European Union currently has the most favorable relations with three countries parti- cipating in the program: Georgia, Moldova and Ukraine, which have openly declared a policy of rapprochement with the European Union in the political and economic fields. The author outlines positions of all the countries and their expectations of participating in the program in the nearest future as well as in the longer term.


Author(s):  
Alan B. Krueger

This chapter considers the consequences of terrorism. This is the area where with the least research. The chapter offers the author's interpretation of the literature, referring along the way to some of the work that has been done. It focuses first on the economic consequences of terrorist attacks. Then the chapter turns to their psychological consequences, followed by some comments about the role of the media. It also puts the threat of terrorism into perspective by comparing it with other risks that we as a nation have faced and placing it in historical context. Finally, the chapter discusses the political impact of terrorism on the target country.


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