Transnational representation of a gendered recession in corporate dramas

Special Relevance

The cinematic depiction of the financial crisis has centred on the explanation of the causes and consequences of the global recessionary scenario in which gender acquires special relevance. My aim in this article is to carry out a hitherto unaddressed transnational analysis of corporate dramas. More specifically, I elicit the commonalities as well as local specificities that different Western cinematographies show when tackling gendered recessionary discourses on ‘mancession’ and ‘austerity’. Films such as The Last Days of Lehman Brothers (Samuels, 2009, BBC), Money Never Sleeps (Stone, 2010), The Company Men (J. Wells, 2010) and The Big Short (McKay, 2015) have, on the one hand, aligned with nostalgic and retro-sexist discourses by focusing on male suffering to confront the recession while relegating female characters as emotional companions of the male hero. On the other hand, the representation of female characters in these films has also put to the test the inconsistencies of neoliberal discourses when analysed from the perspective of genre. To illustrate the transnational dimension of the ‘narrated’ impact of the ‘Global Financial Crisis’ in different scenarios, I compare a US Wall Street film and a Spanish corporate drama of the Great Recession: Margin Call (J Chandor, 2011, USA) and The Tip of the Iceberg (La punta del iceberg, D Cánovas, 2016, Spain).

A Study of Global Recession Recovery Strategies in Highly Ranked GDP EU Countries

ECONOMICS ◽

10.2478/eoik-2021-0011 ◽

2021 ◽

Vol 9 (1) ◽

pp. 85-105

Author(s):

Mythili Kolluru ◽

Denis Hyams-Ssekasi ◽

K.V.Ch.Madhu Sudhana Rao

Keyword(s):

Financial Crisis ◽

Great Recession ◽

Global Financial Crisis ◽

Developmental Model ◽

Eu Countries ◽

The Great Recession ◽

Global Recession ◽

Recovery Strategies ◽

The World ◽

Abstract The Global financial crisis of 2008-2009 severely impacted the developed economies of the world. It occurred at a time when most countries had started gaining economic growth, stability, and vibrance. Each country experienced a jolt to its economy, causing financial fragility, shocks, tragedy, and struggle. Attempts have been made to understand the root causes, economic instability, and the lessons learned from the great recession. Given the current situation of the COVID-19 pandemic, this research paper seeks to examine the global recession, its effect on the economy and finances. Our research is based on the qualitative analysis of comparing the impact of the global financial crisis and strategic recovery recession plans of the top five GDP countries in the European Union-particularly Germany, the UK, France, Spain, and Italy to draw some similarities between a recession and COVID-19 pandemic in terms of the economy. The findings indicate that the great recession had a devastating impact on the entire economy, and the world can learn valuable lessons. It notes that out of the selected five EU countries, Germany was the first to recover and bounce back by 2011, but Italy and Spain were severely hit and took longer to recover only partially. The recession recovery strategies demonstrate some similarities in economic and employment measures and differences concerning tax reforms and financial support packages initiated by all five countries. There needs to be a mechanism in which each country must prepare for untimely recessions. Thus, a developmental model has been created to enable countries to be more prepared when faced with recessions in the future years.

Ambiguity, Equivocation, and Economics

An Economist's Miscellany ◽

10.1093/oso/9780190120894.003.0002 ◽

2020 ◽

pp. 9-12

Author(s):

Kaushik Basu

Keyword(s):

Financial Crisis ◽

Great Recession ◽

Global Financial Crisis ◽

Philosophical Approach ◽

The Great Recession ◽

The World ◽

Policy Failures

This brief chapter, written in the backdrop of the global financial crisis and the start of the Great Recession, lays out a broad philosophical approach to dealing with policy failures and the need for economists as a profession to introspect. It emphasizes the need for scepticism, in all our contemplation about the world, a philosophical approach that underlies a lot of what follow in this book.

The much-exaggerated death of Keynesian economics

Review of Keynesian Economics ◽

10.4337/roke.2020.01.04 ◽

2020 ◽

Vol 8 (1) ◽

pp. 36-45

Author(s):

Robert W. Dimand

Keyword(s):

Financial Crisis ◽

General Theory ◽

Great Recession ◽

Global Financial Crisis ◽

The Great Recession ◽

Keynesian Economics ◽

Economic Instability ◽

Price Flexibility ◽

Fundamental Uncertainty ◽

The supposed death of Keynesian economics has long been debated. This paper revisits the four central Keynesian propositions identified by Tobin's 1977 paper, ‘How dead is Keynes?’, to argue, in the light of the global financial crisis and the Great Recession, that Keynesian economics remains alive and relevant as useful economics for understanding the economy in a world of fundamental uncertainty, with particular reference to chapter 19 of Keynes's General Theory concerning economic instability and wage and price flexibility.

Facing the Global Financial Crisis and the Great Recession: The Biopic as a Socio-Cultural Response to the Collapse

A Critical Approach to the Apocalypse ◽

10.1163/9781848882706_022 ◽

2013 ◽

pp. 251-258

Keyword(s):

Financial Crisis ◽

Great Recession ◽

Global Financial Crisis ◽

The Great Recession ◽

A Critical Analysis of the Macroeconomic Policies in Brazil from Lula da Silva to Dilma Rousseff (2003-2014)

Brazilian Keynesian Review ◽

10.33834/bkr.v1i2.40 ◽

2015 ◽

Vol 1 (2) ◽

pp. 218-227

Author(s):

Luiz Fernando De Paula ◽

Fernando Ferrari

Keyword(s):

Financial Crisis ◽

Great Recession ◽

Critical Analysis ◽

Global Financial Crisis ◽

Macroeconomic Policies ◽

Short Article ◽

Main Hypothesis ◽

The Great Recession ◽

Economic Framework ◽

In this short article, we aim at presenting a critical analysis of the macroeconomic policies implemented by the Lula da Silva and Dilma Rousseff governments in Brazil. The main hypothesis is that the economic framework of the ‘leftist’ governments has been managed pragmatically, mainly due to the global financial crisis (GFC) and the Great Recession (GR), and is still conservative, and cannot be considered as genuine Keynesian policies.

ASPEK ETIK DAN SISTEMIK DALAM EKONOMI DAN BISNIS ISLAM

ALQALAM ◽

10.32678/alqalam.v31i1.1110 ◽

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 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

The challenges of inclusive growth for the developmental welfare state

Reframing Global Social Policy ◽

10.1332/policypress/9781447332497.003.0005 ◽

2017 ◽

Author(s):

Huck-ju Kwon

Keyword(s):

Social Policy ◽

Financial Crisis ◽

Economic Model ◽

Global Financial Crisis ◽

Policy Implications ◽

What Works ◽

Nation States ◽

The Social ◽

The One ◽

One of the biggest challenges for developing a new more productivist social policy approach has been the apparent absence of a new, post-neoliberal, economic model even after the global financial crisis. This chapter explores the social policy implications of the official ‘pragmatism’ of the new economic model with its ‘institutionalist’ emphases on nation states finding what works best in their own contexts rather than looking to the one size fits all approach of recent decades.

The aestheticization of restraint: The popular appeal of de-cluttering after the global financial crisis

Journal of Consumer Culture ◽

10.1177/1469540519872071 ◽

2019 ◽

Vol 19 (4) ◽

pp. 513-531 ◽

Cited By ~ 1

Author(s):

Susie Khamis

Keyword(s):

Financial Crisis ◽

Global Financial Crisis ◽

Discussion Groups ◽

Occupy Wall Street ◽

Wall Street ◽

Occupy Movement ◽

Video Tutorials ◽

Popular Appeal ◽

Liberal Economy ◽

The concept of consumer restraint has had a popular makeover. This is seen in the worldwide popularity of books, video tutorials and online discussion groups devoted to de-cluttering, and specifically the stunning success of professional organizer Marie Kondo and her best-selling book, The Life-Changing Magic of Tidying. De-cluttering sits on a broad continuum of alternative consumption that champions the benefits of consumer restraint, on multiple fronts: economic, environmental, psychological, and so on. Through Kondo, this is framed in positive, uplifting ways. This is distinct from the more critical, nuanced, or anti-consumerist rhetoric associated with more subversive advocates of alternative consumption, such as voluntary simplifiers or Occupy Wall Street. That said, just as the Occupy movement channeled growing frustration with how the reigning tenets of capitalist culture had shackled and misled the “99%,” de-cluttering finds cultural traction in the midst and wake of the Global Financial Crisis. Unlike Occupy though, Kondo’s appeal rests less on the logic and language of political economy than the more emotive vernacular of pop psychology. In this way, de-cluttering positions restraint as reflective of a highly developed and sophisticated sensibility, whereby individuals “own” their consumption choices and in turn craft carefully curated spaces. Therein lies the aestheticization of restraint: freed of any negative connotations (dour, miserly or miserable), the de-cluttered subject is autonomous, self-aware, and chic. Crucially, it also pivots on the slippery assumptions of the (new) neo liberal economy, which requires individuals to be agile, creative, and empowered.

The Great Recession and Electoral Politics, 2007–2016

Democracy Under Siege? ◽

10.1093/oso/9780198846208.003.0002 ◽

2020 ◽

pp. 32-62

Author(s):

Timothy Hellwig ◽

Yesola Kweon ◽

Jack Vowles

Keyword(s):

Great Recession ◽

Global Financial Crisis ◽

Cross Sectional ◽

National Elections ◽

Individual Level ◽

The Great Recession ◽

Political Outcomes ◽

The Comparative Study ◽

The Impact

This chapter reviews the political and economic context of the global financial crisis (GFC). We first examine the origins and immediate effects of the GFC and the ‘Great Recession’ that it spawned. Ranging beyond the European focus of the research so far, we examine the impact of the crisis across the member countries of the OECD and the ways in which that variation is shaping the contexts of individual-level behaviour. We then examine patterns of electoral volatility and the changing nature of party systems before turning to consider the reasons why some governments were defeated and why others survived. Across these outcomes, analyses show that the impact of economic factors on political outcomes varied depending on their timing: before, during, or after the GFC. The chapter concludes by introducing our main sources of data: cross-sectional individual-level survey data from twenty-five national elections in OECD democracies from 2011 to 2016 sourced from Module 4 of the Comparative Study of Electoral Systems (CSES); macro-data for thirty-five OECD democracies from 1990 to 2016; and a pooled set of 113 post-election surveys from twenty-four OECD countries between 1996 and 2017.

Can We Rebuild the Economic Consensus?

Global Perspectives ◽

10.1525/gp.2020.13909 ◽

2020 ◽

Vol 1 (1) ◽

Author(s):

Linda Yueh

Keyword(s):

Economic System ◽

Great Depression ◽

21St Century ◽

Great Recession ◽

Global Financial Crisis ◽

The Great Recession ◽

The Great Depression ◽

Great Crash ◽

The 19Th Century

There are times in history when the consensus about our economic system breaks down. It happened after the Long Depression, also known as the Great Depression of the 19th century, and again in the 20th century around the Great Depression of 1929-1933, as well as after the Great Recession of 2008-2009 that followed the global financial crisis. The Covid-19 great crash, which carries the risk of a deep downturn, has led governments to take extraordinary measures in all areas of our lives. This has further fuelled the need to discuss how to rebuild the consensus about the most appropriate economic system for the 21st century as the great question of our time. This is a reflection piece invited for the Dahrendorf Symposium.