scholarly journals Depression and repression: Global capitalism, economic crisis and penal politics in interwar Greece

2021 ◽  
pp. 147737082110531
Author(s):  
Leonidas K. Cheliotis
Keyword(s):  
Economic Crisis ◽  
Political Orientation ◽  
Global Capitalism ◽  
Wall Street ◽  
External Interference ◽  
State Punishment ◽  
Political Consequences ◽  
Liberal Government ◽  
Anglo American ◽  
The Impact

Notwithstanding the significant advances made over the last twenty years in terms of charting and explaining the ways in which state punishment is influenced by economic and political forces, little is still known about the penal effects of conditions of economic crisis and about the role the incumbent government's political orientation plays in this regard. Because the few available studies on these questions have been preoccupied with the Anglo-American sphere and only in the context of recent decades at that, even less is known either about the implications that different types or experiences of economic crisis carry for state punishment, or about the influence exerted in this respect by government political orientations other than those found in established democracies. Irrespective of geographical or temporal scope, moreover, the impact that different extranational factors and actors may have in terms of economic, political or directly penal matters domestically remains poorly understood. With a view to helping fill these gaps in the literature, this article explores the effects on state punishment that economic crisis and government political orientation had in interaction with one another in the context of interwar Greece. Attention is first paid to various ways in which global capitalism was decisive in creating within Greece an environment conducive to increased punitiveness on the part of the state. The focus is on the economic, social and political consequences of the Wall Street crash of 1929 and Britain's exit from the gold standard in 1931, as these were exacerbated by Greece's long-term exposure to predatory lending, speculative investing and external interference in her domestic affairs in the context of engaging international capital markets. The article then proceeds to discuss how the Liberal government of 1928–1932 sought to handle the situation, particularly the approach it took towards punishment.

Koncepcja „demokracji zakorzenionej” Wolfganga Merkela w kontekście współczesnego populizmu i kryzysu demokracji

2020 ◽  
Vol 10 (1) ◽  
pp. 57-82
Author(s):  
Katarzyna Guczalska
Keyword(s):  
Civil Society ◽  
Functional Model ◽  
Global Capitalism ◽  
Democratic Institutions ◽  
Political Consequences ◽  
Proper Functioning ◽  
Democratic System ◽  
The Impact

Wolfgang Merkel’s concept of rooted democracy in the context of contemporary populism and the crisis of democracy: The article presents the concept of “rooted democracy” by Wolf‐ gang Merkel, which was presented in the context of the democratic crisis. The German poli‐ tical scientist indicates what democracy is — specifying the proper functioning of the regula‐ tions of the democratic system (regimes). Speaking of the weakness or strength of democracy, we must have a well‐described set of system principles that determine the degree of strength of democracy or its erosion. The above set of principles of the democratic system is thoroughly discussed in the article. In particular, the functional model of civil society is analysed. The text also explores how the crisis of democracy is understood and Merkel’s view of the impact of global capitalism on democratic institutions, which contributes to the transformation of democracy into an oligarchy. The topics discussed in the article also concern alternative, non‐ ‐liberal forms of democracy and populism. The question is whether Merkel’s concept is useful in explaining populism and its political consequences.

scholarly journals The Prospect of Eurasian Integration After the Great Global Economic Crisis of 2008-2020

2021 ◽  
pp. 19
Author(s):  
Vasily Koltashov
Keyword(s):  
Economic Crisis ◽  
Global Capitalism ◽  
Interstate Cooperation ◽  
Eurasian Economic Union ◽  
Production And Consumption ◽  
Global Economic Crisis ◽  
The Face ◽  
Economic Union ◽  
The Impact ◽  
The Relationship

The article examines the impact of the great global economic crisis of 2008-2020. on Eurasian integration, the relationship between the old and the new center of global capitalism. An analysis is made of what results, for what reasons and how the further construction of the Eurasian Economic Union (EAEU) will lead in the face of the unfriendliness of Western states and a simultaneous crisis of their strategy in the economy and politics. Namely: the formation of a large continental market, a stable system of interstate cooperation, the implementation of an interethnic protectionist policy that encourages production and consumption within the EAEU. The prospect of such development makes the project attractive for countries outside Eurasia, which leads to the birth of the Eurasian consensus as an international economic and political agenda.This will largely become decisive for the global economic agenda for 2021-2045, that is, for the period of a new upward wave according to N.D. Kondratyev.

Spain and Crisis: Political Aspects

2013 ◽  
pp. 33-41
Author(s):  
E. Cherkasova
Keyword(s):  
Foreign Policy ◽  
Economic Crisis ◽  
Structural Reforms ◽  
Spanish Economy ◽  
Protest Movements ◽  
Political Consequences ◽  
The Impact ◽  
The Eu

The article considers the causes and the nature of the economic crisis which was a heavy blow for Spanish economy being in need of structural reforms. The domestic political consequences of the crisis included the change of government, the emergence of new protest movements and strengthening of separatism. Under the Brussels' pressure, Spain was forced to make significant adjustments to its national anti-crisis strategy which had a high social price. Particular attention is given to relations with the EU and the impact of the crisis on the country's foreign policy.

scholarly journals Creating values for stakeholders as a goal of a modern corporate enterprise

2013 ◽  
pp. 467-481
Author(s):  
Vladimir Zakic
Keyword(s):  
Comparative Analysis ◽  
Economic Crisis ◽  
Value Creation ◽  
Developed Countries ◽  
Major Stakeholder ◽  
American Model ◽  
Anglo American ◽  
The Impact ◽  
American Concept ◽  
Dominant Influence

The goal of this paper is to present a comparative analysis of two value creation concepts applied in most developed countries: Anglo-American concept of shareholder value creation and the Continental model of stakeholder value creation. In shareholder systems, also known as Anglo-American model, shareholders exert dominant influence. In major stakeholder systems, marked as Continental model, influence is shared between large shareholders, employees, customers and suppliers. The aim of this paper is to analyze the impact of globalization and economic crisis on the goals of corporate enterprises, which have largely led to convergence of two opposing value creation concepts.

The impact of economic crisis on mental and physical health in Italy

2017 ◽  
Vol 14 (02) ◽  
pp. 103-110
Author(s):  
S. Tomassi ◽  
M. Ruggeri
Keyword(s):  
Mental Health ◽  
Physical Health ◽  
Economic Crisis ◽  
Social Determinants ◽  
Great Recession ◽  
Economic Recession ◽  
Behavioural Disorders ◽  
Economic Activities ◽  
The Impact ◽  
Mental And Physical Health

Summary Background: The global crisis that began in 2007 has been the most prolonged economic recession since 1929. It has caused worldwide tangible costs in terms of cuts in employment and income, which have been widely recognised also as major social determinants of mental health (1, 2). The so-called “Great Recession” has disproportionately affected the most vulnerable part of society of the whole Eurozone (3). Across Europe, an increase in suicides and deaths rates due to mental and behavioural disorders was reported among those who lost their jobs, houses and economic activities as a consequence of the crisis.

Competition Policy under Economic Crisis

2009 ◽  
pp. 54-69 ◽  
Author(s):  
A. Shastitko ◽  
S. Avdasheva ◽  
S. Golovanova
Keyword(s):  
Division Of Labor ◽  
Economic Crisis ◽  
Industrial Policy ◽  
Competition Policy ◽  
Transition Economy ◽  
Economic Recession ◽  
Price Rigidity ◽  
Key Factor ◽  
Policy Measures ◽  
The Impact

The analysis of competition policy under economic crisis is motivated by the fact that competition is a key factor for the level of productivity. The latter, in its turn, influences the scope and length of economic recession. In many Russian markets buyers' gains decline because of the weakness of competition, since suppliers are reluctant to cut prices in spite of the decreasing demand. Data on prices in Russia and abroad in the second half of 2008 show asymmetric price rigidity. At least two questions are important under economic crisis: the 'division of labor' between pro-active and protective tools of competition policy and the impact of anti-crisis policy on competition. Protective competition policy is insufficient in transition economy, especially in the days of crisis it should be supplemented with the well-designed industrial policy measures which do not contradict the goals of competition. The preferable tools of anti-crisis policy are also those that do not restrain competition.

Modernisation of Higher Education – Willful Action or Wishful Thinking? The Case of Bulgaria

2020 ◽  
Vol 8 (3) ◽  
pp. 3-17
Author(s):  
Elena Blagoeva
Keyword(s):  
Higher Education ◽  
Economic Crisis ◽  
Negative Impact ◽  
National Level ◽  
Sustainable Growth ◽  
Research Approach ◽  
Case Study Methodology ◽  
The Impact ◽  
The Eu

The impact of the last global economic crisis (2008) on the European economy put a strain on higher education (HE), yet it also pushed the sector towards intensive reforms and improvements. This paper focuses on the “Strategy for the Development of Higher Education in the Republic of Bulgaria 2014-2020”. With a case study methodology, we explore the strategic endeavours of the Bulgarian government to comply with the European directions and to secure sustainable growth for the HE sector. Our research question is ‘How capable is the Bulgarian HE Strategy to overcome the economic and systemic restraints of Bulgarian higher education?’. Because the development of strategies for HE within the EU is highly contextual, a single qualitative case study was chosen as the research approach. HE institutions are not ivory towers, but subjects to a variety of external and internal forces. Within the EU, this is obviated by the fact that Universities obtain their funds from institutions such as governments, students and their families, donors, as well as EU-level programmes. Therefore, to explore how these pressures interact to affect strategic action on national level, the case method is well suited as it enabled us to study the phenomena thoroughly and deeply. The paper suggests the actions proposed within the Strategy have the potential to overcome the delay, the regional isolation and the negative impact of the economic crisis on the country. Nevertheless, the key elements on which the success or failure of this Strategy hinges are the control mechanisms and the approach to implementation. Shortcomings in these two aspects of strategic actions in HE seem to mark the difference between gaining long-term benefits and merely saving face in front of international institutions.

Impact and Challenges of Centres for Education and Community Action in Cameroon’s North West Region

2018 ◽  
Vol 8 (2) ◽  
pp. 51-74
Author(s):  
Fonteh Athanasius Amungwa
Keyword(s):  
Rural Development ◽  
Economic Crisis ◽  
Formal Education ◽  
Community Education ◽  
Sampling Technique ◽  
Community Action ◽  
Structured Interviews ◽  
North West ◽  
West Region ◽  
The Impact

This paper examines the impact of community education and challenges facing Centres for Education and Community Action as a rural development strategy in Cameroon. The study was conducted in the North-West Region of Cameroon, employing field observations, semi-structured interviews with key informants using a convenient sampling technique and through elaborate review of documents. These research instruments were blended into what is termed triangulation and the data collected was analysed descriptively. The main focus of qualitative analysis is to understand the ways in which people act and the accounts that people give for their actions. This paper posits that extreme dependence on the provision of Western formal education cannot solve the problems of a rapidly changing society like Cameroon, which is facing a long-term economic crisis and persistent unemployment issues of graduates. Consequently, education should be redefined in the context of the prevailing economic crisis to make it responsive to the aspirations of rural communities. Findings showed that community education had contributed towards rural development immensely but has suffered many challenges due to neglect of the field in the policy agenda. This paper recommends the integration of community education with formal education to facilitate group and community betterment in particular and rural transformation in general.

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