scholarly journals Surplus country adjustment: revisiting the post-World War II Scarce Currency Clause

2018 ◽  
Vol 43 (5) ◽  
pp. 1149-1182 ◽  
Author(s):  
Rosario Patalano

AbstractThe Scarce Currency Clause (SCC) in the IMF’s Articles of Agreement (Article VII) was originally designed to establish an effective, automatic mechanism to stimulate the surplus countries to adopt adjustment policies and to correct chronic imbalances. The clause formally authorises countries with a chronic deficit to apply trade discrimination against a surplus country, by imposing tariffs and other restrictions on its exports. But the SCC has never been applied, and its permanence in the IMF’s Articles of Agreement appears today as a relic of the past, an example of post-war international cooperation. This paper presents an analytical survey of the debate on the SCC in the first decade of the IMF, exploring the contemporary opinions on the possibility that this instrument could be effectively used to correct the chronic imbalances in the post-war world and to resolve the problem of dollar shortage. More recently, the persistence of current global trade imbalances has stimulated a renewed reflection on the automatic instrument for encouraging or compelling countries to undertake necessary adjustments. The paper is focusing on recent proposals for correcting imbalances against surplus countries.

2013 ◽  
Vol 37 (3) ◽  
pp. 287-301 ◽  
Author(s):  
Katja Hanke ◽  
James H. Liu ◽  
Denis J. Hilton ◽  
Michal Bilewicz ◽  
Ilya Garber ◽  
...  

2003 ◽  
Vol 84 (1) ◽  
pp. 200-212 ◽  
Author(s):  
RICHARD HUTSON

ABSTRACT In 1946, John Ford made a film about a legend of law and order in the American West as a validation of the American past for the immediate post––World War II era. In an age of doubt and uncertainty, the serene but resolute figure of Wyatt Earp was designed to alleviate anxiety about the irrelevance of the past for the new era.


2021 ◽  
pp. 285-295
Author(s):  
Fita Chyntia ◽  
Multhahada Ramadhani Siregar ◽  
Roni Hikmah Ramadhan

This paper discusses the absurd character types that exist in Samuel Beckett’s play, Waiting for Godot. Vladimir, Estragon, Pozzo and Lucky are the four contradictory yet dependent characters in the play. The absurd characters reflect the social condition of the time, post – World War II. The characters are pictured waiting for the completion of the war in the hope that it will come. Their fate can be changed instantly, the same as the state of war. Besides discussing the characters in the drama, this paper also discusses the characteristics of the language used by the characters. The language used is unreasonable, not in accordance with what is said or how they act; it is called “verbal nonsense”. The interpretations of the dialogue among the characters in the play will give a better picture of each character and how they can be related to societal conditions. Keywords: Theater of Absurd, Character Types, Post-War, Social Condition


2021 ◽  
Vol 39 (1) ◽  
pp. 1-14
Author(s):  
Jonathan Bach ◽  
Benjamin Nienass

Innocence is central to German memory politics; indeed, one can say that the German memory landscape is saturated with claims of innocence. The Great War is commonly portrayed as a loss of innocence, while the Nazis sought, in their way, to reclaim that innocence by proclaiming Germany as the innocent victim. After World War II, denazification and courts established administrative and legal boundaries within which claims of innocence could be formulated and adjudicated, while the “zero hour” and “economic miracle” established a basis for a different form of reclaiming innocence, one roundly critiqued by Theodor W. Adorno in his essay “What Does Coming to Terms with the Past Mean?”1 In the 1980s, Chancellor Helmut Kohl’s famous pronouncement of the “grace [Gnade] of a late birth” (also translatable as “mercy,” “pardon,” or “blessing”) became the touchstone for a resurgence of war children’s (Kriegskinder) memory. In the 1990s, the myth of the Wehrmacht as largely innocent of atrocities was publicly challenged. Today, rightwing critiques that cast Holocaust remembrance as a politics of shame draw upon tropes of innocence, of German air war victims and post-war generations, while right-wing images of migrants are cast in classic forms of threats to the purity of the “national body” (Volkskörper). The quickening pace of contemporary debates over Germany’s colonial past pointedly questions the innocence of today’s beneficiaries of colonialism, drawing attention to the borders and contours of implication.


2019 ◽  
Vol 13 ◽  
pp. 121-139
Author(s):  
Sarah Hammerschlag ◽  

This article argues that literature is the necessary foil to Emmanuel Levinas’s development of the category of religion, as the site of relation between the same and the other. The essay tracks Levinas’s dependence on literature to illustrate alterity, but also shows that literature functions as religion’s rival in Levinas’s thought. Playing the terms of religion, literature, and philosophy off one another, the article argues, Levinas was also making an interception into a larger post-World War II debate over which of philosophy’s competing discourses, literature or religion, would win the ascendant seat in the post-war context.


2010 ◽  
Vol 42 (1) ◽  
pp. 8-9 ◽  
Author(s):  
F. Gregory Gause

Over the past five years, from volume 37, number 1 (February 2005) to volume 41, number 3 (August 2009), IJMES published thirty-seven articles that deal with politics in the contemporary Middle East, broadly understood. This is my count, of course, and others might add or drop some articles. I define contemporary as post World War II and have a relatively expansive definition of politics. My count does not include short features, only full articles.


2011 ◽  
Vol 38 (1) ◽  
pp. 58-84
Author(s):  
Susan Corbesero

AbstractDuring the troublous post-war and post-Soviet periods, the iconography of Stalin has served as a powerful interpreter of the past. Since World War II, portraits and attendant mass reproductions of the notorious Soviet leader have conveyed a historical memory that fused the triumphalist mythology of the Second World War and the cult of Stalin. Appropriated for political, national, nostalgic and commercial purposes, these iconic vehicles have functioned as integral “vectors of memory” in times of political change. In that vein, this article traces the remarkably dynamic and influential life of Aleksandr Laktionov's Portrait of I. V. Stalin (1949) in order to illuminate how its meaning and use, past and present, reflects and refracts the political landscape that deploys it.


2021 ◽  
Vol 4 (6) ◽  
pp. 23-70
Author(s):  
Safet Bandžović ◽  

Complex socio-historical processes and turning epochs, as well as numerous segments that are an integral part of people's lives, are the subject of interdisciplinary studies. War is one of the most dramatic, most complex social phenomena. In addition to armed operations, there are a number of other dimensions related to war, starting from psychological, legal, sociological, social, economic, cultural to others. Critical and multiple perspectives contribute to the completion of images of politics, wars and their relations. The disintegrations of the ideological paradigm and the Socialist Federal Republic of Yugoslavia were accompanied by the (re)construction of new national identities, the outbreak and duration of „wars“ of different memories, the reshaping of consciousness and the re-examination of history, especially those related to World War II. The history of that war in Yugoslavia was undoubtedly the history of several wars which were stacked on top of each other. The main issue with Bosniaks in that war is a multiperspectival topic that requires a multidimensional and deideologized presentation of the position and the position of all involved actors. Numerous issues related to that war, the complex position of Bosniaks in Bosnia and Herzegovina and Sandžak, the emergence of civic responsibility, Bosniak protection of the vulnerable Serb Orthodox population, humanity and assistance, beyond post-war ideological premises and „official truths“ remained more or less marginalized, although they seek more objective and complete answers from multiple angles, for the sake of a more complete view of the past. What is called „local“ or „regional history“, as evidenced by diverse experiences, indicates the multidimensionality of the past, its features and specifics in a certain area. The Second World War in Sandžak could not be understood more objectively outside the broader Yugoslav context. This is also special for the history of Novi Pazar, the largest city in Sandžak which was the subject of many different political plans and conceptions. The history of this city has several sections. After the withdrawal of German forces from Novi Pazar, the Chetniks tried to conquer this city for three times in the fall of 1941. However, thanks to the dedicated defense and the help of Albanian armed groups from Kosovo, Bosniaks managed to defend themselves and Novi Pazar. Even in such a dramatic situation, numerous examples of humanity, solidarity and assistance of Bosniaks to the intimidated Serb urban population have been recorded. In the most difficult days of the war, when Novi Pazar was exposed to Chetnik attacks, a significant part of Bosniaks took actions to prevent anarchy, to save Serbs from terror and revenge. The task of science is to constantly discover forgotten and unknown parts of the past, to re-examine previous knowledge. Everything that happened has a whole range of perspectives. It is necessary to have a multidimensional understanding of the causes and course of events, circuits and time limits, to explain narrowed alternatives. Any reduction of historical totality to only one dimension is problematic. Every nation, every state, in a way, write their „histories“, remember different personalities, events, dates, emphasize various roles, perpetuates monuments, emphatize with different causes and consequences. Contemporary abuses of the interpretation of the war past, one-sided approaches, fierce prejucides and quasi-historical analyzes in the service of the politics damage interethic relations and lead to further growth of tensions and distancing between nations and states in their region.


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