scholarly journals THE URBAN BUBBLE PROCESS IN SPAIN: AN INTERPRETATION FROM THE THEORY OF THE CIRCUITS OF CAPITAL

2020 ◽  
Vol 8 (1) ◽  
Author(s):  
Rubén C. LOIS GONZÁLEZ ◽  
María José PIÑEIRA MANTIÑÁN ◽  
Sònia VIVES MIRÓ
Keyword(s):  
Financial Crisis ◽  
Urban Growth ◽  
Capital Accumulation ◽  
Mass Scale ◽  
The Subject ◽  
Circuit Of Capital ◽  
Economic And Financial Crisis

Urbanization in Spain has advanced rapidly in the last twenty years or so. The phenomenon was particularly pronounced in the period spanning 1990-2007, when the construction of housing on a mass scale was a clear indicator of the second circuit of capital accumulation, with space playing a key role through the work of David Harvey. This led to a property bubble – one of the defining features of the economic and financial crisis in Spain between 2008 and 2013. In this contribution to the subject, we analyse the factors that triggered unchecked speculative urban growth in the context of the financialization of land. In tandem, our conclusions present the new resulting urban and metropolitan map of Spain, which is now characterized by uneven levels of occupancy among regions.

Return Characteristics of Commodities

2018 ◽  
Author(s):  
Dianna Preece
Keyword(s):  
Financial Crisis ◽  
Negative Correlation ◽  
Institutional Investors ◽  
Financial Stress ◽  
Commodity Futures ◽  
Futures Contracts ◽  
The Subject ◽  
Diversified Portfolio

The role of commodities in a diversified portfolio has been the subject of research and debate since the late 1970s. Investors can hold the physical commodity or use derivatives such as futures contracts to access commodity exposure. Institutional investors primarily gain exposure to commodities via futures contracts. Commodity futures returns are comprised of a collateral return, a spot return, and a roll return. Research dating back to the late 1970s suggests that commodities should be included in diversified portfolios because they act as an inflation hedge, are portfolio diversifiers due to negative correlation with stocks and bonds, and potentially offer returns and volatility comparable to equities. Commodity performance has been generally weak in the years following the financial crisis of 2007–2008. Many studies find that correlation of commodity returns with stocks and bonds increases during periods of financial stress.

scholarly journals Economic and financial crisis based on Troika’s intervention and potentially avoidable hospitalizations: an ecological study in Portugal

2021 ◽  
Vol 21 (1) ◽  
Author(s):  
Cristina Loureiro da Silva ◽  
João Victor Rocha ◽  
Rui Santana
Keyword(s):  
Financial Crisis ◽  
Health Management ◽  
Hypertensive Heart Disease ◽  
Foreign Assistance ◽  
Chronic Obstructive ◽  
Socioeconomic Variables ◽  
Avoidable Hospitalizations ◽  
Use Of Resources ◽  
Tract Infections ◽  
Economic And Financial Crisis

Abstract Background Hospitalisations for Ambulatory Care Sensitive Conditions (ACSC) cause harm to users and to health systems, as these events are potentially avoidable. In 2009, Portugal was hit by an economic and financial crisis and in 2011 it resorted to foreign assistance (“Memorandum of Understanding” (2011–2014)). The aim of this study was to analyse the association between the Troika intervention and hospitalisations for ACSC. Methods We analysed inpatient data of all public NHS hospitals of mainland Portugal from 2007 to 2016, and identified hospitalisations for ACSC (pneumonia, chronic obstructive pulmonary disease, hearth failure, hypertensive heart disease, urinary tract infections, diabetes), according to the AHRQ methodology. Rates of hospitalisations for ACSC, the rate of enrollment in the employment center and average monthly earnings were compared among the pre-crisis, crisis and post-crisis periods to see if there were differences. A Spearman’s correlation between socioeconomic variables and hospitalisations was performed. Results Among 8,160,762 admissions, 892,759 (10.94%) were classified as ACSC hospitalizations, for which 40% corresponded to pneumonia. The rates of total hospitalisations and hospitalisations for ACSC increased between 2007 and 2016, with the central and northern regions of the country presenting the highest rates. No correlations between socioeconomic variables and hospitalisation rates were found. Conclusions During the period of economic and financial crisis based on Troika’s intervention, there was an increase in potentially preventable hospitalisations in Portugal, with disparities between the municipalities. The high use of resources from ACSC hospitalisations and the consequences of the measures taken during the crisis are factors that health management must take into account.

scholarly journals نحو قراءة موضوعية لكتابات غير المسلمين عن التمويل الإسلامي في ضوء الأزمة المالية العالمية: وِلمْ بويتر أُنموذجاً

2014 ◽  
Vol 20 (78) ◽  
pp. 104-75
Author(s):  
أحمد مهدي بلوافي
Keyword(s):  
Financial Crisis ◽  
Islamic Finance ◽  
International Financial Crisis ◽  
Mortgage Crisis ◽  
The Subject ◽  
Muslim Scholars

تهدف هذه الورقة إلى عرض وتحليل أنموذج من كتابات غير المسلمين عن التمويل الإسلامي في أعقاب أزمة قروض الرهن العقاري الأمريكية، وما تبعها من أزمة عالمية، وذلك من أجل رسم معالم منهجية في تناول الموضوع تسهم في تزويد الباحثين في حقل الاقتصاد والتمويل الإسلامي بأدوات تساعد على توخي الموضوعية، والدقة، والأمانة في النقل والتناول، والبعد عن الطرح "الأيديولوجي"، أو العاطفي الذي يستند إلى قناعات ومواقف مسبقة لا يسندها الدليل العلمي، ولا الواقع العملي. This paper aims to present and analyze an example from the writings of non-Muslim scholars about Islamic finance in the wake of the American mortgage crisis, and the subsequent International financial crisis, in order to identify some methodological milestones in understanding the issue, and to provide researchers in the field of Islamic economics and finance with instruments that would help to exercise objectivity, accuracy, and honesty in handling the writings on the subject, and to avoid "ideological", or emotional readings based on preconception ideas and position void of scientific or practical evidence.

Koncepcje rozwiązania kryzysu ekonomicznego przez dominujące polskie partie polityczne w latach 2008–2009

2018 ◽  
Vol 19 (254) ◽  
Author(s):  
Marek Barszcz
Keyword(s):  
Financial Crisis ◽  
Gross Domestic Product ◽  
Political Party ◽  
Budget Deficit ◽  
Global Financial Crisis ◽  
Quantitative Approach ◽  
Domestic Product ◽  
The Political ◽  
The Subject

The subject of the article is the political concepts of the last global financial crisis, whichbegan in Poland in 2008. In the study of political party and government demands for theeconomic crisis, a comparative and quantitative approach was used in the form of statisticaldata on growth of Gross Domestic Product and the adopted budget deficit and its relation toGross domestic product. Research covers the years 2008–2009.Keywords: financial crisis, political programs, political declarations

Euro-Atlantic Relations in the XXI Century: Problems and Scenarios

2015 ◽  
Vol 59 (11) ◽  
pp. 31-37
Author(s):  
N. Arbatova
Keyword(s):  
Foreign Policy ◽  
Financial Crisis ◽  
The United States ◽  
Defense Spending ◽  
Main Question ◽  
The Us ◽  
The World ◽  
World Economic ◽  
The Impact ◽  
Economic And Financial Crisis

The Euro-Atlantic relations after the end of the Cold war have been strongly influenced by the impact of three interrelated crises: the existential crisis of NATO, the world economic and financial crisis, and the crisis in the Russia-West relations. The end of bipolarity has changed the threat environment and revealed how different alliance members formulate their threat perception and foreign policy interests. Europe stopped to be the US foreign policy priority. The US pivot to Asia has raised European concerns about American commitments to collective defense. The removal of the threat of a global conflict resulted in the EU initiatives aimed at promoting integration in the field of common security and defense policy (CSDP). Even though the US has officially welcomed a stronger European pillar in NATO, it has become concerned about new approaches that could divide transatlantic partnership and take resources away from military cooperation. At the same time the unilateralist preferences of the Bush administration generated deep political divisions between the United States and the European Union. The world economic and financial crisis contributed to a dangerous gulf between American and European defense spending. The US has complained about the tendency of the alliance’s European members to skimp on defense spending and take advantage of America’s security shield to free ride. In the absence of a clear external threat NATO tried to draft new missions, which were found in NATO’s expansion to the post-Communist space and Alliance’s out of area operations. But these new missions could not answer the main question about NATO’s post-bipolar identity. Moreover, the Kosovo operation of NATO in 1999 fueled Russia’s concerns about NATO’s intentions in the post-Soviet space. The creeping crisis in the Russia-West relations resulted in the Caucasus and Ukrainian conflicts that provided kind of glue to transatlantic relations but did not return them to the old pattern. There can be several representing possible futures lying ahead. But under any scenario EU will be faced with a necessity to shoulder more of the burden of their own security.

Crisis and European Union: Political Aspects

2012 ◽  
pp. 33-42
Author(s):  
N. Arbatova
Keyword(s):  
European Union ◽  
Financial Crisis ◽  
Focal Point ◽  
The European Union ◽  
The World ◽  
The Future ◽  
Systemic Crisis ◽  
World Economic ◽  
The Eu ◽  
Economic And Financial Crisis

The focal point of the article is the future of the European Union that has been challenged by the deepest systemic crisis in its history. The world economic and financial crisis became merely a catalyst for those problems that had existed earlier and had not been addressed properly by the EU leadership. The author argues that the EU crisis can be overcome only by new common efforts of its member-states and new integrationist projects.

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