Posthumous Media

2020 ◽  
pp. 201-220
Author(s):  
Sean Cubitt
Keyword(s):  
Financial Crisis ◽  
Solar System ◽  
Global Financial Crisis ◽  
New Perspective ◽  
The Global Financial Crisis ◽  
Critical Moments

The coincidence of the departure of the two Voyager spacecraft from the solar system with the Global Financial Crisis brought their mission and associated media back into prominence. The animations made by James Blinn, Charles Kohlhase, and colleagues at the time of their launches and the golden discs designed by Carl Sagan to carry sounds and images of Earth on a flight that will not conclude for a million years gives a new perspective on the idea of the posthumous. Drawing together themes of coded irreality, melancholia, obligation and debt, redemption, and the subjunctive mode of anecdotes, this chapter demonstrates how the critical moments observed in each of the previous films can be assembled into a collective vision of a period in history.

scholarly journals Estimation of Correlation between Capital Markets. Analysing the case of Central and Eastern European markets in the context of the COVID-19 pandemic

2021 ◽  
Vol 13 (1) ◽  
pp. 61-78
Author(s):  
Alina Zaharia ◽  
Keyword(s):  
Financial Crisis ◽  
Capital Markets ◽  
Global Financial Crisis ◽  
Rank Correlation ◽  
Eastern European ◽  
The Subject ◽  
New Perspective ◽  
The Global Financial Crisis ◽  
European Markets

This paper analyses the behaviour of the existing correlations between Central and Eastern Europeís markets, namely Romania, Czechia, Hungary, Poland, Slovenia,Slovakia and Bulgaria and the developed ones in Germany, France and United Kingdom.The study brings a new perspective on the subject by capturing two major stress periods the Global Financial Crisis and the Örst wave of the COVID-19 pandemic. By estimating a BEKK model, as well as Spearmanís rank correlation coe¢ cient and the Diebold and Yilmaz Spillover Index, the study Önds strong similarities between the analysed markets, with a general decreasing trend of the correlationsí level, indicating increasing beneÖts of diversiÖcation.

scholarly journals The global financial crisis and its aftermath: a perspective from fiction

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Linda Arch
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Small Body ◽  
Academic Research ◽  
Content Type ◽  
Academic Scholarship ◽  
The Subject ◽  
Fear Index ◽  
New Perspective ◽  
The Global Financial Crisis

Purpose Since the global financial crisis of 2007-2009 academic research has paid considerable attention to understanding the nature of the crisis, its causes and consequences. This is not surprising given the scale and scope of the crisis. Much of this research has been undertaken within social science disciplines. At the same time, the crisis has also been the subject of fiction – novels, poetry and drama, and there is also a small body of academic scholarship on fiction relating to the crisis (and on finance in fiction more generally). The purpose of this paper is to suggest that fiction can offer a new perspective on the global financial crisis and thereby enhance our understanding of it. Design/methodology/approach This exploration draws upon three works of post-crisis fiction: the 2009 play by David Hare, The Power of Yes: A Dramatist Seeks to Understand the Financial Crisis (hereafter The Power of Yes); Other People’s Money, a novel by Justin Cartwright (2011); and Robert Harris’s novel The Fear Index also published in 2011. Its approach is based on close readings of the three texts in question. Findings Finance fiction stimulates a reconceptualization of the global financial crisis as a crisis of innovation and technological change. Originality/value This paper is a viewpoint article. The originality lies in the author’s interpretation of reading the global financial crisis through fiction.

On the formation of a New Paradigm of fiscal Policy

2013 ◽  
pp. 152-158 ◽  
Author(s):  
V. Senchagov
Keyword(s):  
Public Finance ◽  
Fiscal Policy ◽  
Financial Crisis ◽  
Global Financial Crisis ◽  
Domestic Demand ◽  
Real Economy ◽  
New Paradigm ◽  
Monetary Aggregate ◽  
The Past ◽  
The Global Financial Crisis

Due to Russia’s exit from the global financial crisis, the fiscal policy of withdrawing windfall spending has exhausted its potential. It is important to refocus public finance to the real economy and the expansion of domestic demand. For this goal there is sufficient, but not realized financial potential. The increase in fiscal spending in these areas is unlikely to lead to higher inflation, given its actual trend in the past decade relative to M2 monetary aggregate, but will directly affect the investment component of many underdeveloped sectors, as well as the volume of domestic production and consumer demand.

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 

Mobilising resiliency in times of economic hardship: Emerging themes in migrant worker remittance payments

2014 ◽  
Vol 7 (2) ◽  
pp. 159-167
Author(s):  
Kevin Garlan
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Migrant Worker ◽  
Economic Hardship ◽  
Priority Areas ◽  
Mobile Payments ◽  
Payment Methods ◽  
The Future ◽  
Emerging Themes ◽  
The Global Financial Crisis

This paper analyses the nexus of the global financial crisis and the remittance markets of Mexico and India, along with introducing new and emerging payment technologies that will help facilitate the growth of remittances worldwide. Overall resiliency is found in most markets but some are impacted differently by economic hardship. With that we also explore the area of emerging payment methods and how they can help nations weather this economic strife. Mobile payments are highlighted as one of the priority areas for the future of transferring monetary funds, and we assess their ability to further facilitate global remittances.

The Pandemic Exposes an Ailing US Governance Model

2020 ◽  
Vol 119 (820) ◽  
pp. 310-316
Author(s):  
Alasdair Roberts
Keyword(s):  
Financial Crisis ◽  
Developing World ◽  
Global Financial Crisis ◽  
Political Polarization ◽  
Washington Consensus ◽  
The Past ◽  
Governance Model ◽  
Governance Challenges ◽  
The Global Financial Crisis ◽  
Current Governance

Since the 1990s and Bill Clinton’s embrace of key parts of Ronald Reagan’s legacy, mainstream US governance has been guided by a bipartisan consensus around a formula of shrinking the federal government’s responsibilities and deregulating the economy. Hailed as the ultimate solution to the age-old problem of governing well, the formula was exported to the developing world as the Washington Consensus. Yet growing political polarization weakened the consensus, and in a series of three major crises over the past two decades—9/11, the global financial crisis, and the COVID-19 pandemic—US policymakers opted for pragmatism rather than adherence to the old formula, which appears increasingly inadequate to cope with current governance challenges.

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