Thailand Capital Flight through Trade with the US During Times of Political and Economic Instability

2008 ◽  
Vol 11 (03) ◽  
pp. 363-387 ◽  
Author(s):  
Pornchai Chunhachinda ◽  
Maria E. de Boyrie ◽  
Simon J. Pak
Keyword(s):  
Economic Crisis ◽  
Significant Role ◽  
Capital Flight ◽  
Capital Movement ◽  
Deposit Rate ◽  
Economic Instability ◽  
Political Events ◽  
The Us

This paper investigates capital flight from Thailand to the US through trade misinvoicing during the period from 1990 to 2005. The evidence indicates that capital flight from Thailand to the US, valued over US$16,189 million, had been done through under-invoicing exports to the US rather than over-invoicing imports from the US. The major incentive for the movement of capital is investment, followed by political events in Thailand, and the most significant determinants of capital flight are the US T-bill rate, the deposit rate in Thailand, and the degree of overvaluation of the Thai Baht. Interestingly, the 1997 Asian economic crisis did not play a significant role in the capital movement through trade.

Sanctions of the USA and the Policy of Bank of Russia:double Blow to the National Economy

2014 ◽  
pp. 13-29 ◽  
Author(s):  
S. Glazyev
Keyword(s):  
National Security ◽  
Economic Sanctions ◽  
Capital Flight ◽  
Practical Advice ◽  
The Us ◽  
Monetary Authorities ◽  
The Usa ◽  
Simultaneous Adoption ◽  
The Eu

This article examines fundamental questions of monetary policy in the context of challenges to the national security of Russia in connection with the imposition of economic sanctions by the US and the EU. It is proved that the policy of the Russian monetary authorities, particularly the Central Bank, artificially limiting the money supply in the domestic market and pandering to the export of capital, compounds the effects of economic sanctions and plunges the economy into depression. The article presents practical advice on the transition from external to domestic sources of long-term credit with the simultaneous adoption of measures to prevent capital flight.

Preventive Debt Restructuring and the Nigerian Draft Insolvency Legislation: Lessons from a Comparative Perspective

2020 ◽  
Vol 28 (1) ◽  
pp. 66-84
Author(s):  
Sanford U. Mba
Keyword(s):  
European Union ◽  
Economic Crisis ◽  
Final Analysis ◽  
The European Union ◽  
Debt Restructuring ◽  
The Us ◽  
Financially Distressed ◽  
Bankruptcy Code ◽  
Second Chance

Recently, the Nigerian Senate passed the Bankruptcy and Insolvency (Repeal and Re-enactment) Bill. This is no doubt a welcome development following the continued demand by insolvency practitioners, academics and other stakeholders for such legislation. The call has not only been for the enactment of just about any legislation, but (consistent with the economic challenges faced by businesses in the country), one that is favourably disposed to the successful restructuring of financially distressed businesses, allowing them to weather the storm of (impending) insolvency, emerge from it and continue to operate within the economy. This article seeks to situate this draft legislative instrument within the present wave of preventive restructuring ably espoused in the European Union Recommendation on New Approaches to Business Rescue and to Give Entrepreneurs a Second Chance (2014), which itself draws largely from Chapter 11 of the US Bankruptcy Code. The article draws a parallel between the economic crisis that gave rise to the preventive restructuring approach of the Recommendation and the present economic situation in Nigeria; it then examines the chances of such restructuring under the Nigerian draft bankruptcy and insolvency legislation. It argues in the final analysis that the draft legislation does not provide for a prophylactic recourse regime for financially distressed businesses. Consequently, a case is made for such an approach.

The Great Influenza

2018 ◽  
Author(s):  
Samuel K. Cohn, Jr.
Keyword(s):  
Significant Role ◽  
Top Down ◽  
The Us

This chapter asks whether Canada, Australia, and India followed the US pattern in their responses to the Great Influenza. These countries were involved in the war with heavy losses, but, as in the US, their civilian populations were beyond the battlefields and their militaries did not play a significant role in providing physicians, nurses, hospitals, and material aid to civilians suffering from the pandemic. They show patterns resembling the US’s charitable outpouring, especially in Australia, with heavy reliance on women. Canada differed slightly in that the charitable impetus was more top-down, and India differed further in that its response, like the Deep South’s, was principally centred on men’s organizations. In all these countries, the Great Influenza did not instigate blaming but rather proved to be a force for charity, self-sacrifice, and unity, bringing Muslims and Hindus together in India, even during a period of heightened antagonism between the two.

Legal basis of «democracy»

2021 ◽  
Author(s):  
Sergey Polischuk
Keyword(s):  
United States ◽  
The United States ◽  
Bill Of Rights ◽  
Legal Basis ◽  
Founding Fathers ◽  
Political Events ◽  
Capitol Hill ◽  
The Us ◽  
Us Constitution ◽  
Election Results

The article examines the main political events that took place in the United States from the controversial election results to the tragic events on Capitol Hill for Trump supporters, which led to human casualties, finally untied the hands of the Democrats and allowed them to bury all the democratic values that America has taught the whole world since the adoption of the US Constitution and the Bill of Rights by the founding fathers of the state.

From Protest to Protection: Navigating Politics with Immigrant Students in Uncertain Times

2019 ◽  
Vol 89 (2) ◽  
pp. 251-276 ◽  
Author(s):  
REVA JAFFE-WALTER ◽  
CHANDLER PATTON MIRANDA ◽  
STACEY J. LEE
Keyword(s):  
Immigrant Students ◽  
Undocumented Students ◽  
Contentious Politics ◽  
Political Discussion ◽  
Marginalized Students ◽  
Donald Trump ◽  
Political Events ◽  
The Us ◽  
Immigration Politics ◽  
The Subject

With the rise of nationalism and the current contentious debate on immigration in the US, school leaders and educators are faced with difficult questions about how to negotiate sensitive political topics, including debates on immigration. In this article, Reva Jaffe-Walter, Chandler Patton Miranda, and Stacey J. Lee explore how educators grapple with the political policies and discourses surrounding immigration with marginalized students who are the subject of those politics. Drawing on research from two US schools exclusively serving recently arrived immigrant students, the authors explore how educators negotiate the teaching of immigration politics during two different time periods, in 2013 during the Obama era “Dreamer” movement and in early 2017 after the inauguration of Donald Trump. They consider how the unique conditions of each political context inform educators' strategies for “teaching into” political events and supporting their immigrant and undocumented students. Their analysis reveals the unique challenges of engaging marginalized students who are the subject of contentious politics in political discussion and action and supports their call for a deeper consideration of students' identities and experiences of politics within scholarly discussions of critical civic engagement.

scholarly journals Turkey’s political crisis of the 1970s and the military coup on September 12, 1980

2020 ◽  
Vol 9 (3) ◽  
pp. 234-238
Author(s):  
Malika S. Tovsultanova ◽  
Rustam A. Tovsultanov ◽  
Lilia N. Galimova
Keyword(s):  
The United States ◽  
Military Coup ◽  
Political Crisis ◽  
Economic Downturn ◽  
Coalition Governments ◽  
Political Events ◽  
The Us ◽  
History Of ◽  
The Military ◽  
The City

In the 1970s, Turkey was in a state of political turbulence. Weak coalition governments changed frequently and could not bring order to the country. The city streets turned into an arena of battles for various armed radical groups of nationalist, communist, Islamist and separatist persuasions. For 9 years from 1971 to 1980, 10 governments changed in Turkey. The political crisis was accompanied by an economic downturn, expressed in hyperinflation and an increase in external debt. Chaos and anarchy caused discontent among Turkish financial circles and generals with the situation in the country and led to the idea of a military coup, already the third in the republican history of Turkey. The US State Department was extremely concerned about the situation in Turkey, hoping to find a reliable cover against further exports of communism and Islamism to the Middle East, approving the possibility of a coup. The coup was led by the chief of the General Staff K. Evren. Political events of the second half of the 1970s allow us to conclude that, despite the interest of the financial and military circles of the United States in it, the military coup on September 12, 1980 had mainly domestic political reasons.

The Oscillating Public Sphere: A Response from the US to Linda Hogan's Review Article

2009 ◽  
Vol 3 (2) ◽  
pp. 245-250
Author(s):  
William Storrar
Keyword(s):  
Social Capital ◽  
Public Sphere ◽  
Economic Crisis ◽  
21St Century ◽  
Review Article ◽  
Public Theology ◽  
Active Citizenship ◽  
The Us ◽  
The World ◽  
Terrorist Events

AbstractSince Public Theology for the 21st Century was first published, the world has witnessed the terrorist events of 9/11 and is now experiencing a growing economic crisis. While the contributors to the volume could not have addressed these events specifi cally, the discussions within the book contain valuable analyses of democracy, active citizenship and the notion of social capital that are highly pertinent in the current climate. Public theology must grapple with and adapt to these changed and changing social and political circumstances.

Finding “Angels” for the Boat People

2021 ◽  
pp. 60-99
Author(s):  
Ulrike Elisabeth Stockhausen
Keyword(s):  
Significant Role ◽  
Southeast Asian ◽  
Refugee Resettlement ◽  
Educational Activities ◽  
Important Resource ◽  
Immigration And Naturalization Service ◽  
Boat People ◽  
Service Programs ◽  
Southeast Asian Refugees ◽  
The Us

This chapter covers evangelical resettlement of Southeast Asian refugees from 1975 to the early 1980s. During this time, a number of evangelical organizations ran resettlement ministries and refugee service programs. This chapter describes the professionalization of evangelical refugee resettlement, including the founding of the first evangelical resettlement agency, World Relief Refugee Services. Evangelical volunteers and former missionaries to Vietnam played a significant role in running recreational and educational activities in the refugee resettlement camps in the mid-1970s. These “missionaries without a country” became an important resource for the Immigration and Naturalization Service, which relied on their interpreting and translating services. By differentiating between mainstream evangelical and progressive evangelical responses to the government’s appeal for evangelical sponsors, this chapter shows that evangelicals’ political stances on the US involvement in Vietnam fundamentally shaped their response to the refugees.

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