scholarly journals Singapore in its Worst Recession for Years. The Effects of the Current Economic Crisis on the City-State's Economy

2009 ◽  
Vol 28 (4) ◽  
pp. 95-110 ◽  
Author(s):  
Rolf Jordan
Keyword(s):  
Economic Crisis ◽  
Negative Impact ◽  
Social Consequences ◽  
Investment Banks ◽  
Stock Exchanges ◽  
Economic Downturn ◽  
Holding Companies ◽  
Current Economic Crisis ◽  
The Social ◽  
The City

Due to the current economic downturn, Singapore has experienced one of its most severe recessions since independence. The financial crisis, which caused a fall in prices at most of the world's leading stock exchanges and a sharp decline in industrial production, has also had a negative impact on the city-state's export-dependent economy. The analysis outlines the economic downturn and the decline of Singapore's export economy since the beginning of the crisis in late 2008. Central to the analysis are questions regarding the social consequences of the current economic crisis and the amount of losses Singapore's state-owned holding companies, Temasek and GIC, experienced when some of the world's biggest investment banks, such as Merrill Lynch, went into bankruptcy.

scholarly journals Climate Variability and Consequences for Crime, Insurgency in North East Nigeria

2017 ◽  
Vol 8 (3) ◽  
pp. 171-182 ◽  
Author(s):  
Bonaventure N. Nwokeoma ◽  
Amadi Kingsley Chinedu
Keyword(s):  
Climate Change ◽  
Negative Impact ◽  
Social Consequences ◽  
Excessive Heat ◽  
North East ◽  
Depth Interview ◽  
The Social ◽  
Change Events ◽  
Change Impact ◽  
The Impact

Abstract Climate change discussion has primarily focused on the physical manifestation, mitigation, adaptation and finance issues. However, little attention is given to the social consequences of climate change impact especially its relationship to crime in society. Specifically, little or no research has been focused on its impact on crime, especially in developing societies. This study which examined the impact of climate change and its consequences on crime specifically terrorist activities in the Northeast of Nigeria is an effort to fill this research gap. The study adopted a cross-aged design which involves in depth interview of 200 farmers in four selected states of the zone. The outcome is that climate change awareness in the zone is very low. The climate change events identified are rapid desertification, excessive heat and drought. The consequence is that most farmers lost farmlands and agricultural products to these climate change events. Also most of the farmers who are youths were rendered redundant due to the negative impact of these climate events on crops and agriculture. Consequently they engage in alternative activities like menial jobs, while some engage in criminal activities like drug addiction, theft, political thugery, armed robbery, kidnapping and terrorism. They become ready tools for recruitment by Boko-Haram terrorists who are active in the area. It is recommended that massive enlightenment and effective mitigation program should be conducted, youth who are not in school should be convinced to embrace education. Also measures and projects to re-engage the youths back to agriculture should be promoted.

scholarly journals “Ayudarnos es parte de nuestra cultura”. Estrategias de los migrantes ante la crisis económica: El caso de la población senegalesa en Granada

2017 ◽  
Vol 7 (2) ◽  
pp. 188
Author(s):  
Rosalía López Fernández ◽  
José Manuel Maroto Blanco
Keyword(s):  
Economic Crisis ◽  
Social Vulnerability ◽  
Initial Conditions ◽  
Negative Impact ◽  
Immigrant Population ◽  
Profound Impact ◽  
Public Resources ◽  
Shared Culture ◽  
The Impact ◽  
The City

Los efectos de la crisis económica han tenido un profundo impacto en el conjunto de la población, aunque la repercusión para la población inmigrante extranjera en general se ha visto magnificada por una serie de condiciones de partida que ya los situaban en posiciones de vulnerabilidad social. En este texto se pretende mostrar cómo los inmigrantes senegaleses de la ciudad de Granada han sufrido igualmente los efectos de esta crisis y cómo han puesto en marcha una serie de estrategias, basadas en el sentimiento de una cultura compartida y de una identidad senegalesa, mediante las cuales han hecho frente a la desatención institucional que ha sido justificada principalmente en términos económicos. El análisis de estas estrategias pone de manifiesto la manera en la que el colectivo senegalés afronta la crisis con menores costes sociales y personales, amortiguando el impacto negativo que la reducción de recursos públicos destinados a la atención de la población inmigrante ha tenido.  The effects of the economic crisis have had a profound impact on the whole population, although the impact for the foreign immigrant population has been magnified due to a serie of initial conditions which allocated them in positions of social vulnerability. This text is intended to show how Senegalese immigrants of the city of Granada have also suffered the effects of the economic crisis and how they have developed certain strategies based on the feeling of a shared culture and a Senegalese identity whereby they have faced the crisis and the institutional neglect that has been justified primarily in economic terms. The analysis of the strategies shows how the Senegalese community faces the crisis with the lower social and personal costs, cushioning the negative impact that the reduction of public resources destined to the attention of the immigrant population has had.

scholarly journals Hacia un nuevo modelo de inserción laboral de los inmigrantes

2017 ◽  
Vol 5 (2) ◽  
Author(s):  
Manuel Hernández Pedreño ◽  
Diego Pascual López Carmona
Keyword(s):  
Labour Market ◽  
Economic Crisis ◽  
Supply And Demand ◽  
Foreign Workers ◽  
Current Economic Crisis ◽  
The Social ◽  
Dual Perspective ◽  
Regional Labour Markets ◽  
New Guidelines ◽  
New Strategies

Introducción: El mercado de trabajo en España ha sufrido significativos cambios como consecuencia de la actual crisis económica. El efecto sobre el colectivo inmigrante se manifiesta desde el lado de la oferta y de la demanda, pues afloran nuevas estrategias en los trabajadores extranjeros y diferentes preferencias de contratación desde el empresariado. Estas pautas sugieren la aparición de un nuevo modelo de inserción laboral de la mano de obra extranjera en el contexto español.Método: A partir de técnicas cuantitativas y cualitativas se analiza en la Región de Murcia y en España la evolución de la situación laboral de los trabajadores inmigrantes. El análisis cuantitativo se fundamenta en la explotación estadística de varias fuentes de información sobre el mercado de trabajo nacional y regional. El análisis cualitativo se ha nutrido de once entrevistas en profundidad en las que se incluye a trabajadores extranjeros y a representantes del mundo empresarial.Resultados: Desde el marco teórico de la segmentación laboral se identifican las nuevas bases en las que se asientan las relaciones laborales tras la crisis económica, ofreciendo desde una doble visión (cuantitativa y cualitativa) las nuevas pautas que configuran la actual inserción laboral de los extranjeros en España. Así, además de verificar la tendencia hacia el cambio de modelo a nivel estadístico, se aportan los discursos de trabajadores inmigrantes y empresarios españoles que lo ratifican.Discusión o Conclusión: El análisis pone de manifiesto la afluencia de nuevas estrategias de inserción laboral según nacionalidad (modelo emergente), caracterizadas por diferentes pautas de competencia, sustitución y complementariedad; derivadas del propio proceso de integración socio-laboral de los inmigrantes y del devenir de la crisis económica, que coloca a los extranjeros en nuevas posiciones sociales. Un modelo alejado en algunos aspectos del modelo inicial (tradicional), donde predominaba la complementariedad laboral entre españoles y extranjeros y, en menor medida, la competencia. Introduction: As a result of the current economic crisis, the Spanish labour market has undergone significant changes. Immigrants have been affected in terms of the supply and demand given that employers are using new strategies and different contracting preferences for foreign workers. These guidelines suggest the emergence of a new model for the insertion of immigrants into the Spanish labour market.Method: Based on both qualitative and quantitative techniques, an analysis of the evolution of the current labour situation of immigrants has been carried out as regards the Region of Murcia and Spain. The quantitative analysis is based on the statistical use of several information resources regarding the national and regional labour markets. For the qualitative analysis, eleven in depth interviews have been held with foreign workers and representatives of the business world.Results: From the theoretical framework of the labour segmentation, the new bases, on which labour relationships are established following the financial crisis, have been identified. These bases offer a dual perspective (quantitative and qualitative) of the new guidelines that establish the current insertion of foreign citizens into the Spanish labour market. Thus, apart from the verification of the trend toward paradigm shift on a statistical level, we include the opinions of immigrant workers and Spanish employers confirming this.Discussion or Conclusion: The analysis reveals the existence of new strategies for insertion into the labour market according to nationality (emerging model) characterised by different patterns of competition, replacement and complementarity. These new guidelines are the result of the social and labour integration process of immigrants and the evolution of the economic crisis which gives foreign workers a new social status. An emerging model which, in some aspects, is far from the original model (traditional) where the labour complementarity between Spanish and foreign citizens was dominant and, to a lesser extent, competition.

scholarly journals THE UNESCO SITE “VENICE AND ITS LAGOON”: CULTURAL HERITAGE PROTECTION POLICIES

2020 ◽  
Vol XLIV-M-1-2020 ◽  
pp. 559-564
Author(s):  
F. Trovò
Keyword(s):  
Cultural Heritage ◽  
Negative Impact ◽  
Fine Arts ◽  
Municipal Administration ◽  
The Social ◽  
Unesco Site ◽  
Heritage Protection ◽  
Minor Architecture ◽  
The City

Abstract. The paper focuses on cultural heritage protection policies for the Unesco site of Venice and in particular on recent actions and guidelines carried out and elaborated by the Superintendence for Archaeology, Fine Arts and Landscape for the City of Venice and Lagoon, one of the leading stakeholders in the protection of the site. The paper also highlights the negative impact of social and anthropological factors on the cultural heritage and identity of Venice, especially in areas with minor architecture, outside major tourist routes. It illustrates the social and technical transformations in construction, trade, housing, historical and their impact on the cultural heritage and landscape and considers potential strategies that address these concerns. It further examines the specific problems and obstacles that hinder these policies, evidencing how they can only be addressed through targeted actions by the municipal administration and other stakeholders.

An afterword*

2011 ◽  
Author(s):  
Rolph Van Der Hoeven
Keyword(s):  
Economic System ◽  
Economic Crisis ◽  
Social Consequences ◽  
Current Trends ◽  
The Social ◽  
Labour Standards

This chapter reviews the various contributions made to this volume and interventions offered at the conference held at the British Academy in May 2009. Reflecting on how theory has been and could be put into practice, it recognises that current trends towards globalisation and the recent economic crisis have forced us ‘to be cognisant of growing (and unsustainable) inequality between and within countries’. We now need to envisage policies to counter this and seize the opportunity to ensure participation in the debates which could shape such policies. A better realisation of labour standards could ‘play an important role in diminishing the social consequences of the crisis and in building a better socio-economic system to avoid or face future crises’, so that it is ultimately sustainable.

Democracy, Economic Crisis, and Market Oriented Reforms

2007 ◽  
Vol 6 (3) ◽  
pp. 344-373 ◽  
Author(s):  
Thomas Kalinowski
Keyword(s):  
Economic Crisis ◽  
Asian Financial Crisis ◽  
Authoritarian Regimes ◽  
Social Consequences ◽  
External Shocks ◽  
Economic Crises ◽  
Crisis Resolution ◽  
Long Run ◽  
The Social ◽  
Resolution Strategy

AbstractIn this paper I analyze the nexus between economic crises, market oriented reforms, and democratization in Indonesia and Korea since the 1997/98 Asian financial crisis. I provide some support for the hypothesis that democracies are better able to survive economic crises than authoritarian regimes. In both countries democratization facilitated a crisis resolution strategy based on market oriented reforms. However, I assert that in the long run the social consequences of market-oriented reforms tend to undermine democratization partly because both are so closely linked and the majority of the population sees them as one. This process does not necessarily destroy democracies but it leaves them more vulnerable to possible external shocks in the future.

The credit crunch and education: an historical perspective from the Kondratiev Cycle

2009 ◽  
Author(s):  
Vincent D. Carpentier
Keyword(s):  
Economic Crisis ◽  
Historical Perspective ◽  
Credit Crunch ◽  
Economic Downturn ◽  
Potential Contribution ◽  
Economic Prosperity ◽  
The Past ◽  
Current Economic Crisis ◽  
Historical Relationship

The current recession invites us to revisit the past and to reflect on the historical relationship between education and economic prosperity as well as economic downturn. My aim here is to discuss the potential contribution of history to a better understanding of the current economic crisis and its impact on education within the British and French contexts.

The Economic Crisis and Migrant Workers in Japan

1998 ◽  
Vol 7 (2-3) ◽  
pp. 235-254 ◽  
Author(s):  
Susumu Watanabe
Keyword(s):  
Economic Crisis ◽  
Migrant Workers ◽  
Negative Impact ◽  
Illegal Migration ◽  
Export Policy ◽  
Current Economic Crisis ◽  
Employment Situation

The employment situation in Japan continues to deteriorate, and it will take some time before recovery starts. The current economic crisis has had little negative impact on the inflow of migrant workers, both legal and illegal. The declines recorded in recent years are due more to stricter control of illegal migration in Japan and in a few sending countries. The crisis, however, has reduced the earnings of some groups of migrant workers. Illegal workers are more vulnerable because they are not protected from abuse as much as legitimate workers, nor do they usually come out to seek official services offered. More serious international efforts are required to curb the illegal flow of workers. An aggressive labor export policy may work against workers' welfare especially at the time of crisis in host economies.

scholarly journals A fuzzy set approach to economic crisis, austerity and public health. Part I. European countries’ conformity to ideal types during the economic downturn

2017 ◽  
Vol 45 (18_suppl) ◽  
pp. 41-47 ◽  
Author(s):  
Therese Saltkjel ◽  
Mari Holm Ingelsrud ◽  
Espen Dahl ◽  
Knut Halvorsen
Keyword(s):  
Economic Crisis ◽  
Fuzzy Set ◽  
Great Recession ◽  
European Countries ◽  
Economic Downturn ◽  
The European Union ◽  
Ideal Types ◽  
The Great Recession ◽  
Current Economic Crisis ◽  
Welfare Generosity

Aims: This is the first part of a two-part paper that takes an explorative approach to assess crisis and austerity in European countries during the Great Recession. The ultimate aim of this two-part paper is to explore the “crisis–austerity” thesis by Stuckler and Basu and assess whether it is the interplay between austerity and crisis, rather than the current economic crisis per se, that can led to deterioration in population health. In Part I of this paper we offer one way of operationalizing crisis severity and austerity. We examine countries as specific configurations of crisis and policy responses and classify European countries into “ideal types.” Methods: Cases included were 29 countries participating in the European Union Statistics on Income and Living Conditions (EU-SILC) surveys. Based on fuzzy set methodology, we constructed two fuzzy sets, “austerity” and “severe crisis.” Austerity was measured by changes in welfare generosity; severe crisis was measured by changes in gross domestic product (GDP) per capita growth. Results: In the initial phase of the Great Recession, most countries faced severe crisis combined with no austerity. From 2010–2011 onward, there was a divide between countries. Some countries consistently showed signs of austerity policies (with or without severe crisis); others consistently did not. Conclusions: The fuzzy set ideal-type analysis shows that the European countries position themselves, by and large, in configurations of crisis and austerity in meaningful ways that allow us to explore the “crisis–austerity” thesis by Stuckler and Basu. This exploration is the undertaking of Part II of this paper.

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