Economic Life: global capital, financial journalism, and independent media

2021 ◽  
pp. 016344372098602
Author(s):  
Annemarie Iddins

This article examines financial journalism in Morocco during the 1990s, focusing on the tenure of French press magnate Jean-Louis Servan-Schreiber at La Vie économique (LVE) and the entrance of global capital into Morocco’s media market. At LVE Servan-Schreiber assembled a group of young reporters, columnists and analysts who came to journalism through finance and financial journalism at a time when Morocco was in the throes of economic liberalization. This moment proved formative for a new generation of media ownership and demonstrates a shift in media-state relations toward an ambivalent authoritarianism, defined by a new openness to complementary interests of media and the state. Bringing together political economy and textual analysis based on archival research, this article argues that financial journalism set the stage for a commercialization of independent media in Morocco that is characterized by recognition of media’s role as both a facilitator for global capital and a powerful player in the realm of geopolitics. Additionally, on the domestic front, the economic press paves the way for the reentry of politics into public discourse and a liberal approach that attempts to work within the constraints of capital while not eschewing critique.

2021 ◽  
Author(s):  
Tonje Winther ◽  
Guillermo Andres Obando Palacio ◽  
Amit Govil

Abstract Thousands of wells will enter the plug and abandonment (P&A) phase across the Norwegian Continental Shelf (NCS), either for permanent well abandonment or section abandonment with subsequent sidetracks. In the medium and long term, more wells will be added to follow the same path as exploration, drilling, and production continues. The cost of abandonment operations demands improvement of how P&A operations are performed. A critical, and often time-consuming operation, of well or section abandonment is to cut and pull (C&P) some of the casing strings. Uncertainties about the status of the annular contents and the material within it, such as settled solids, contaminated cement, or well geometry might pose restraints that could hinder the C&P efficiency. The uncertainties may cause operations to deviate from the plan, increasing the time and the costs required. New-generation ultrasonic tools, in combination with sonic tools, provide information about the annulus material with a detailed map of the axial and azimuthal variations of the annulus contents. The geometric position of the inner pipe can be determined relative to the outer casing or borehole using advanced measurements. Logging with ultrasonic and sonic tools is a noninvasive method that can increase the efficiency of C&P operations. In this paper we discuss three case studies of wells ranging from 2 to 40 years old. Some of the wells have reached the end of their economic life and are now ready for permanent plug and abandonment (PP&A) or slot recovery. Each case is unique with different casing sizes being retrieved, along with varied annulus contents observed from ultrasonic and sonic log data. The innovative use of the data interpretation with advanced workflows decreased uncertainties about the annulus contents and enabled following an informed C&P strategy. In all three cases, the casing sections were retrieved without difficulties from the recommended depths of the analysis. Casing milling was performed in intervals where C&P was not supported by the data analysis.


1997 ◽  
Vol 30 (2) ◽  
pp. 181-203 ◽  
Author(s):  
Voytek Zubek

Until the mid-1980s the overwhelming majority of the opposition's leaders simply believed that “socialism was just a very good thing.” The only problem was that the opposition viewed the socialism that was constructed by the Communist party as distorted by systemic and ideological errors. From the early 1980s the first seeds of economic liberalism were attempting to sprout on what seemed to be a definitely hostile and infertile field since the Leftist weltunschauung dominated the minds and “...souls of the opposition's elite.” As a result, economic liberalism was rediscovered by some elements belonging to an entirely new generation of anti-Communist opposition. It first became popular within narrow circles of young economists centered in Warsaw, Gdansk and Cracow. Perhaps these groups would have remained on the social and intellectual margin if any of the socialistic schemes to rectify the systemic problems of the Polish “real socialism” had succeeded. With the failure of these various schemes, Poland's reformed Communists began to entertain other systemic options. While some of them still continued their attempts to carve out the uniquely Polish “Third Way” of combining socialism with petty-entrepreneurialism and democracy, others began to look more seriously at some systemic solutions that were influenced by economic liberalism. Eventually, in the second half of the 198Os, the Communist elite began to cross the ideological Rubikon that divided the statist/socialist from the free market/entrepreneurial weltanschauung. Against this sociopolitical background, this paper aims to explore the gradual emergence of economic liberalism in Poland in the 1980s and the elusive role that it played in the society's systemic transformation.


Author(s):  
Islam Omirzak ◽  
Yuliya Razumova ◽  
Svetlana Nikishina

The present article was aimed at examining the promising capabilities of new generation mobile networks for the implementation of first-class online education based on advanced immersive technologies. The study described the main functional drivers of the modern end-to-end 5G architecture and proposed several options for their application in today’s socio-economic life. It was assumed that, in the long view, 5G could become a facilitator and a quickening agent of Industry 4.0 and SMART Education, giving way to machine learning and the realization of Machine-to-Machine/Man (M2M) and Device-to-Device (D2D) technologies. The article provided an argument that the ability to connect through the 5G network would allow innovative technological solutions to fully realize their potential and create the global telecommunications infrastructure of the digital economy. In order to investigate public opinion toward a 21st-century education and identify the prioritized requests for university training among potential students, a survey of the target audience in the business administration segment was conducted. It involved 100 MBA students of the Graduate School of Business of Kazan Federal University (Russia) and 200 business workers. Respondents were offered to choose the most relevant requirements for the education quality from among 50 proposed variants by determining their priority on a 100-point scale. The analysis of questionnaire results allowed identifying 20 consumer trends and requests in education, which are becoming more and more prioritized in the contemporary business environment. After reviewing the survey outcomes, it was concluded that the main competitive advantages of an educational course are its pace, convenience, and effectiveness in goal-achievement. The provision of these benefits can become possible due to the synthesis of 5G and other digital educational technologies. In view of this, the present work also presented the analysis of promising educational opportunities of 5G for creators of study materials and students.


2016 ◽  
Vol 71 (4) ◽  
pp. 331-340
Author(s):  
Samuel Graf ◽  
Susan Thieme

Abstract. This article addresses the encounters of second-generation Eritreans with a new generation of refugees from Eritrea in Switzerland and identifies two main types of encounter: direct personal encounters and indirect in the public discourse. It suggests that the recently arrived Eritrean refugees present a new actor within the translocal social field with whom the second-generation Eritreans have to renegotiate their relation. We argue that these encounters frame the second-generation Eritreans' positionality within the translocal social field and influence their identity and their affiliation towards Eritrea and Eritreans. We find that encounters between second-generation Eritreans and new Eritrean arrivals are crucial moments through which second-generation Eritreans form their hybrid identity. Thus, the paper contributes to the debate on identity formation of the second generation by adopting a translocal perspective and provides insights into the diversity in the Eritrean diaspora in Switzerland.


2021 ◽  
Author(s):  
Daniel Bischof ◽  
Roman Senninger

Public discourse is increasingly concerned with the way that politicians communicate. This is fuelled by a new generation of politicians, such as Donald Trump, Boris Johnson, and representatives of populist parties, who evidently communicate less sophisticated than mainstream politicians. However, the question of whether and how linguistic styles affect citizens is largely unexplored. We argue that both citizens and politicians might benefit from simple political communication. First, mechanically, citizens should have a better chance to understand political positions if political discourse is less sophisticated. Second, linguistic simplicity can function as a heuristic for citizens by signaling that politicians are among the "people" instead of being part of the "elites". We test our arguments using a pre-registered three-wave vignette survey experiment in Germany (N = 5,800). Our findings show that simple messages (as compared to sophisticated messages) indeed increase citizens' comprehension of political positions. Moreover, we find that citizens use language sophistication as a heuristic to fill informational gaps about politicians. Politicians who communicate less sophisticated are perceived to have rather modest socioeconomic backgrounds. As a result, the use of simple language can benefit politicians' claims to belong to the people instead of the elite. Our findings add important new insights to our understanding of the effects of political communication in contemporary democracies.


2021 ◽  
Vol 44 (2) ◽  
pp. 279-305
Author(s):  
Alexia Yates

Abstract In the last decades of the nineteenth century the Paris Exchange was the second largest in the world, and engagement in financial markets had become popular on a previously unknown scale. How ordinary people encountered, thought about, and navigated this new financial landscape has nevertheless proved elusive. This article analyzes everyday financial practice in the first age of global capital from the vantage of letters written by ordinary individuals concerning their investments. As the numbers of investors and bondholders in France grew, “investor letters”—missives to financial, legal, and governmental authorities—proliferated. Their existence and concerns offer rich insights into how and with what effect France's financial markets were evolving at the end of the nineteenth century. These letters prompt us to reconsider the place of routine business correspondence in our studies of epistolary culture and allow reflection on economic life as modest investors “wrote upwards” and across the wealth gap of late nineteenth-century France. Vers la fin du dix-neuvième siècle, la Bourse de Paris était la deuxième place financière la plus importante au monde, et ses marchés étaient devenus « populaires » à une échelle sans précédent. La manière dont les gens ordinaires ont réussi à s'orienter dans ce nouveau paysage se révèle difficile à saisir. Cet article analyse la pratique financière quotidienne de l’âge d'or de la globalisation du capital selon les particuliers écrivant à propos de leurs investissements. A mesure que le nombre d'investisseurs et d'obligataires a augmenté, ces « lettres d'investisseurs » adressées aux autorités financières, juridiques et gouvernementales se sont multipliées. Leur existence et leurs sujets de préoccupation offrent de riches informations sur l’évolution des marchés financiers français de la fin du dix-neuvième siècle. Ces lettres nous incitent à reconsidérer la place de la correspondance commerciale dans la culture épistolaire, et en nous montrant comment de modestes investisseurs écrivent « vers le haut » de la hiérarchie économique et sociale, nous permettent d'accéder à des aspects méconnus de la vie économique de la fin du dix-neuvième siècle français.


2021 ◽  
pp. 1-36
Author(s):  
Craig Berry

The UK pensions system is in danger. How did we get here? Moreover, what exactly is it that is endangering UK pensions? This introductory chapter explores the main narratives of pensions crisis in elite and public discourse in the UK—centred around population ageing and increased longevity—and argues instead that pensions imperilment is a product of the UK’s dysfunctional political economy. Traditional private pensions practice has become increasingly incompatible with the financialization of economic life. The chapter introduces the book’s key analytical concepts, such as financialization and statecraft, and explore how the social sciences, particularly political economy scholarship, tend to treat generational change and inter-generational relations. Understanding private pensions provision as a set of temporal management mechanisms, organized cross-generationally, is integral to understanding the source of pensions imperilment—and how it can be overcome.


2021 ◽  
Author(s):  
Pedro Moura

Portugal's vibrant comics scene originated as early as the 19th century, bringing forth brilliant individual artists, but has remained mostly unknown beyond Portugal’s borders to this day. Now a new generation employs this medium to put into question hegemonic views on the economy, politics, and society. Following the experience of the financial crisis of the past decades and its impact on social policies, access to and rules of public discourse, and civil strife, comics have questioned what constitutes a traumatogenic situation and what can act as a creative response. By looking at established graphic novels by Marco Mendes and Miguel Rocha, fanzine-level, and even experimental productions, Visualising Small Traumas is the first English-language book that addresses Portuguese contemporary comics and investigates how trauma studies can both shed a light on comics making and be informed by that very same practice.


2018 ◽  
Vol 4 (337) ◽  
pp. 111-125
Author(s):  
Magdalena Śliwińska

One of the manifestations of economic globalisation seen in recent years is the so‑called “new generation” type of trade agreements such as the TPP, CETA and TTIP. They aim at trade liberalisation, but their scope is broader, comprising other areas of socio‑economic life, more or less directly linked to trade, such as e.g.: the liberalisation of public services, the mutual recognition of professional qualifications, the deregulation and liberalisation of financial markets, the protection of intellectual property rights, and the cooperation in creating new rules or protecting mutual investments. Therefore, the aim of this paper is to analyse the scope and content of the Comprehensive Economic and Trade Agreement (CETA) signed in 2016 by the European Union and Canada from the point of view of the Balassa stages of economic integration and the EU’s experience in order to state whether the naming of such agreements as trade agreements, even with the “new generation” qualification, is really justified. The analysis presented in this paper leads to the conclusion that this agreement should rather be included in the category of agreements labelled as integration agreements. Most of the CETA provisions are at the same level of sophistication as was achieved by the EU countries at the stage of building the single market, that is, at the stage of the implementation of the common market in Balassa’s nomenclature, and some of them are at the stage of economic and monetary union. The scope of the CETA, i.e. the number of areas of social and economic life regulated by it as well as their advancement and complexity, goes far beyond what is commonly understood as a trade agreement and beyond its official purpose – the creation of a free trade area between the European Union and Canada. It leads to economic integration at a level far deeper than a free trade area in its classic and common sense.


2019 ◽  
pp. 83-116
Author(s):  
Yu.V. Yakutin

The article deals with the socio-economic and ideological orientations of scientific and journalistic works of N.I. Ryzhkov, united in the author's 10-volume edition under the general title «In the fields of historical memory. Time. Events. People». Particular attention is paid to the reflections of the former Chairman of the Council of Ministers of the USSR on the ways, programs, methods, forms and methods of restructuring the socio-political and socio-economic life of the Country of the Soviets. Emphasizes the importance and relevance of reflection N.I. Ryzhkov about the historical mission of Russia, the multifaceted appearance of its national idea, the exploits of Russia on the fields of its combat, labor, scientific and intellectual glory. On the red line is estimated the scientific component of the collected and analyzed N.I. Ryzhkov extensive statistical data on the economic support of the USSR's victory over Nazi Germany. The variants of Russian answers to the civilizational challenges of the XXI century facing the Russian Federation are compared with the established public discourse proposed by N.I. Ryzhkov.


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