Governance and Urban Changes in the Financialized Post-crash Period

2019 ◽  
Vol 46 (3) ◽  
pp. 379-392
Author(s):  
Francisco Quintana

In this article, we examine the fundamentals of the changes that have taken place in governance and urban spaces after the crisis-recession of 2007–2009, post-crash. In this investigation, we focus on the shifts that have occurred, mainly in the US and the European Union. However, given the existence of global/local asymmetric economic and political interrelations, many of these observations can be extrapolated to other territories, including Canada, Asian countries and Latin America. In particular, these transformations are essential ingredients of the systems of governance and new economic strategies of the Tradable Income-Yielding Asset (TIYA) matrix for the refinancing and structuring of planetary urbanization and, in general, of the processes for accumulation of capital. In order to carry out this analysis, we have divided the text into three parts: 1) governance post-crash; 2) urban spaces and financial recovery; and 3) conclusion.

2021 ◽  
Vol 2 (4) ◽  
pp. 5615-5630
Author(s):  
Pauleth Estefanny Peñaloza Veintimilla ◽  
Andrea del Cisne Vega Granda ◽  
Víctor Javier Garzón Montealegre ◽  
Eveligh Prado-Carpio ◽  
Jessica Maribel Quezada Campoverde

Debido a la aparición del nuevo virus llamado covid-19 que se originó en Wuhan-China y que rápidamente se propagó alrededor del mundo, el mismo ocasionó graves problemas en todos los sectores, por lo que los gobiernos decidieron realizar un confinamiento en los primeros meses del 2020, con ello el cierre de los puertos, aeropuertos y fronteras, así como también, la reducción de horas de trabajo, paralización del transporte, entre otros. Las regiones más afectadas por la pandemia fueron América Latina y El Caribe. Los sectores más dinámicos en la economía en Ecuador son: el bananero, camaronero y de las flores, los mismos que en los últimos años han aumentado su contribución al Producto Interno Bruto (PIB). El objetivo del presente artículo es analizar el impacto del covid-19 en las exportaciones de banano, camarón y flores tomando en cuenta los factores preponderantes que han hecho que estos sectores se vean afectados durante el periodo 2020. Se realizó mediante un diseño no experimental, descriptivo, para la sección de resultados se tomó la información de páginas oficiales y seguidamente su análisis de los tres sectores. Se concluye que para el 2020, las exportaciones ecuatorianas fueron positivas, debido a que tuvieron un crecimiento en los productos de banano y camarón; mientras que, las flores fue el sector más perjudicado. Los mercados más importantes para las exportaciones del país son EEUU, la Unión Europea y China.   Due to the appearance of the new virus called covid-19 that originated in Wuhan-China and that quickly spread around the world, it caused serious problems in all sectors, so the governments decided to carry out a lockdown in the first months of 2020, with this the closure of ports, airports and borders, as well as the reduction of working hours, paralysis of transport, among others. The regions most affected by the pandemic were Latin America and the Caribbean. The most dynamic sectors in the economy in Ecuador are: the banana, shrimp and flower sectors, the same ones that in recent years have increased their contribution to the Gross Domestic Product (GDP). The objective of this article is to analyze the impact of covid-19 on banana, shrimp and flower exports, taking into account the preponderant factors that have caused these sectors to be affected during the 2020 period. It was carried out using a non-experimental design, descriptive, for the results section the information from official pages was taken and then its analysis of the three sectors. It is concluded that for 2020, Ecuadorian exports were positive, due to the growth in banana and shrimp products; while flowers were the most affected sector. The most important markets for the country's exports are the US, the European Union and China.  


Author(s):  
Ilona Gritsenko

The paper outlines the contours of modern competitive interaction between the United States and the European Union in Latin America. Based on the Latin American country strategies of the US State Department and the European Commission documents, the author traces the priorities of the above mentioned global players in the region, highlighting those of them that are areas of conflict of interests between the US and the EU. Special attention is paid to the differences and commonalities in their approaches to topical issues and problematic items of the Latin American agenda.


2020 ◽  
Vol 28 (1) ◽  
pp. 66-84
Author(s):  
Sanford U. Mba

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.


2020 ◽  
pp. 72-79
Author(s):  
S. Gavrilova

For several decades, the European Union has been steadily increasing its presence in Central Asian countries. The EU's interests in the region are due to a number of reasons, including the desire to expand its influence in the Central Asian countries, the high importance of the region as a transit corridor between Europe and China, the prospects for economic cooperation, and the importance of the region's energy potential. In May 2019 The European Union has presented a new Strategy for Central Asia, designed to intensify cooperation in a number of areas of interaction. The new strategy is aimed at both implementing these interests and expanding cooperation in a number of other areas.


Author(s):  
Panagiotis Delimatsis

Secrecy and informality rather than transparency traditionally reign trade negotiations at the bilateral, regional, and multilateral levels. Yet, transparency ranks among the most basic desiderata in the grammar of global governance and has been regarded as positively related to legitimacy. In the EU’s case, transparent trade diplomacy is quintessential for constitutional—but also for broader political—reasons. First, even if trade matters fall within the EU’s exclusive competence, the EU executive is bound by the Treaty on the Functioning of the European Union (TFEU) to inform the European Parliament, the EU co-legislator, in regular intervals. Second, transparency at an early stage is important to address public reluctance, suspicion, or even opposition regarding a particular trade deal. This chapter chronicles the quest for and turning moments relating to transparency during the EU trade negotiations with Canada (CETA); the US (TTIP), and various WTO members on services (TiSA).


2020 ◽  
Vol 254 ◽  
pp. R54-R66 ◽  
Author(s):  
Sebastian Dullien ◽  
Sabine Stephan ◽  
Thomas Theobald

Under the Trump administration, a transatlantic trade conflict has been escalating step by step. First, it was about tariffs on steel and aluminium, then about retaliation for the French digital tax, which is suspended until the end of the year. Most recently, the US administration threatened the European Union with tariffs on cars and car parts because of Canadian seafood being subject to lower import duties. As simulations with NiGEM show, a further escalation of the transatlantic trade conflict has the potential to slow down economic growth significantly in the countries involved. This is a considerable risk given the fact that the countries have to cope with the enormous negative effects of the pandemic shock. Furthermore, the damage caused by the trade conflict depends on the extent to which the affected countries use fiscal policy to stabilise their economies.


Publications ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 18
Author(s):  
Mauro G. Carta ◽  
Matthias C. Angermeyer ◽  
Silvano Tagliagambe

The purpose is to verify trends of scientific production from 2010 to 2020, considering the best universities of the United States, China, the European Union (EU), and private companies. The top 30 universities in 2020 in China, the EU, and the US and private companies were selected from the SCImago institutions ranking (SIR). The positions in 2020, 2015, and 2010 in SIR and three sub-indicators were analyzed by means of non-parametric statistics, taking into consideration the effect of time and group on rankings. American and European Union universities have lost positions to Chinese universities and even more to private companies, which have improved. In 2020, private companies have surpassed all other groups considering Innovation as a sub-indicator. The loss of leadership of European and partly American universities mainly concerns research linked to the production of patents. This can lead to future risks of monopoly that may elude public control and cause a possible loss of importance of research not linked to innovation.


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