A World of Despair

2016 ◽  
Author(s):  
Greta de Jong
Keyword(s):  
Civil Rights ◽  
Low Income ◽  
Free Market ◽  
Ronald Reagan ◽  
Poor People ◽  
Economic Policies ◽  
Market Economic ◽  
Government Interference ◽  
The Impact ◽  
Efficient Mechanisms

This chapter describes the impact of free market economic policies on rural development in the 1980s and 1990s. Seeking to end excessive government interference in the economy, President Ronald Reagan cut taxes, weakened civil rights enforcement, and reduced funding for social programs that served low-income Americans. Reagan believed that private enterprise and market forces were the most efficient mechanisms for creating wealth and distributing resources. Such policies failed to address the problems facing unemployed and poor people in the rural South. At the turn of the twentieth century, the region was still plagued by unemployment, poverty, inadequate health care, substandard housing, and out-migration.

scholarly journals Thinking globally, acting locally: Women activists’ accounts

Temida ◽  
2003 ◽  
Vol 6 (4) ◽  
pp. 23-31
Author(s):  
Pam Alldred
Keyword(s):  
Women Activists ◽  
Free Market ◽  
Economic Policies ◽  
The South ◽  
Market Economic ◽  
The Impact

This paper intends to describe the range of forms women?s resistance to globalisation takes, emphasising diverse strategies from everyday acts, the development of practical alternative resources, organising in women?s groups or trades unions, mass demonstrations and symbolic defiance. Recognising that it is the women of the South, in particular, who bear the brunt of the impact of neoliberal ?free market? economic policies, it hoped to be sensitive to the struggles for survival that might frame the urgency of resistance amongst women of the South, and make links with some of the strategies of activist women in the more privileged North.

scholarly journals Patterson v. McLean: A Confirmation of the New Right at the U.S. Supreme Court

2005 ◽  
Vol 30 (4) ◽  
pp. 987-1009
Author(s):  
George M. Sullivan
Keyword(s):  
Civil Rights ◽  
Supreme Court ◽  
Reagan Administration ◽  
Ronald Reagan ◽  
The United States ◽  
National Elections ◽  
Presidential Appointments ◽  
The Supreme Court ◽  
The Impact ◽  
The U.S

In two consecutive national elections a conservative, Ronald Reagan, was elected President of the United States. When Justice Lewis Powell announced his retirement during the late months of the Reagan administration, it was apparent that the President's last appointment could shift the ideology of the Court to conservatism for the first time since the presidency of Dwight Eisenhower. President Reagan's prior appointments, Sandra Day O'Connor and Antonin Scalia, had joined William Rehnquist, an appointee of President Nixon and Bryon White, an appointee of President Kennedy to comprise a vociferous minority of four in many instances, especially cases involving civil rights. The unexpected opportunity for the appointment of a conservative jurist caused great anxiety in the media and in the U.S. Senate, the later having confirmation power over presidential appointments to the Supreme Court. This article examines the consequences of the Senate's confirmation of Justice Anthony Kennedy to the Supreme Court. The impact, which was immediate and dramatic, indicates that conservative ideology will predominate on major civil rights issues for the remainder of this century.

State Developmentalism Without a Developmental State: The Public Foundations of the “Free Market Miracle” in Chile

2001 ◽  
Vol 43 (2) ◽  
pp. 1-25
Author(s):  
Marcus Kurtz
Keyword(s):  
Development Strategy ◽  
Free Market ◽  
High Growth ◽  
Developmental State ◽  
Insurance Markets ◽  
Economic Policies ◽  
Public Intervention ◽  
The Public ◽  
Market Economic ◽  
International Comparative

AbstractIf export orientation is a goal in a sustainable development strategy, this study argues that public interventions at the sectoral level in a variety of markets can produce economic reorientation that pursues international comparative advantage faster and at lower cost than free market forces can. Pervasive failures in information, credit, input, distribution, and insurance markets can render strictly market-based adjustment both slow and costly. Although Chile's export boom and high growth rates have been associated with its free market economic policies, this article, based on a comparison of the fruit, fish, and forestry sectors, contends that new forms of public intervention were crucial catalysts in shaping a sustained export response.

scholarly journals The Islamic Microfinance System And Its Ultimate Impact On The Poor In Bauchi Metropolis In The Context Of Socio-Economic Challenges

2021 ◽  
Vol 5 (1) ◽  
pp. 95-101
Author(s):  
Hashim Sabo Bello ◽  
Shamsuddeen Abubakar ◽  
Sunusi Abdulkadir Fateh
Keyword(s):  
Social Services ◽  
Low Income ◽  
Financial Services ◽  
Poor People ◽  
Microfinance Institutions ◽  
Islamic Microfinance ◽  
And Gender ◽  
High Level ◽  
Financial Transactions ◽  
The Impact

One of the conditions for providing social services to the population, reducing the differentiation of their incomes, as well as reducing poverty is to provide equal access to financial services for all segments of the population. Despite high unemployment and a significant number of poor people, only about a few thousand Nigerians today use Islamic microfinance services. The main purpose of this study is to study the impact of the Islamic microfinance system on the financial situation of the population. The study is based on the principles of the theory of positivism. Methods of deduction, statistical analysis, and survey served as methodological tools. The authors of the article developed a structured questionnaire, the analysis of which allowed to analyze the attitude of citizens to Islamic microfinance services. A representative sample of citizens of the metropolis Bauchi with different levels of wealth, age and gender was selected for the study. According to the results of the survey, the development of special microcredit programs for low-income people allowed to finance the start of their own business, thus providing their own and household members’ employment. The main factors hindering the development of microfinance in Muslim countries are the high level of non-repayment of borrowed funds, imperfect infrastructure, the presence of Sharia bans on certain types of financial transactions. The results of the study showed the need for an active information campaign aimed at explaining the benefits of using macro-financial services and their accessibility for low-income citizens, as well as expanding the network of microfinance institutions throughout the metropolis. These measures will create conditions for the development of small business in the country, and as a consequence reduce poverty and reduce the number of unemployed in the country.

scholarly journals Impact of Microcredit on Living Standard of Dairy Entrepreneurs: Special Focus on Oddusuddan DS Division in Mullaitivu District

2019 ◽  
Vol 3 (2) ◽  
pp. 43-48
Author(s):  
Saseela Balagobei ◽  
Sankeetha Aravinthakumar
Keyword(s):  
Quantitative Analysis ◽  
Low Income ◽  
Rural Areas ◽  
Positive Impact ◽  
Primary Data ◽  
Living Standard ◽  
Poor People ◽  
Special Focus ◽  
The Impact ◽  
Micro Credit

Microcredit is part of micro finance, which provides a wider range of financial services for low income people. Micro credit serves as a vital role for Living standard of poor people in the developing countries as well as in Sri Lanka. In this Study Oddusuddan DS division in Mullaitivu district was selected as research area. After the 30 years conflict situation most people in the Oddusuddan area in Mullaitivu district are subordinate to the poverty line, because most of the displaced people who are female other than male staying here. Women lost their male relatives in struggle, and forced to take a responsibility of their family in order to look after their children, aged parents and their male relatives.  Micro credit helps the poor people particularly women in effective ways in order to create income generating activities.  The prime objective of this study is to investigate the impact of Microcredit on living standard of dairy entrepreneurs in Oddusuddan DS division in Mullaitivu District. In the rural areas of Mullaitivu, Oddusuddan Divisional Secretariat Divisions 100 dairy entrepreneurs were selected as the sample size of population. The selected entrepreneurs who have received loan from samurdhi bank for dairy farming activities in Oddusuddan DS Division. Primary data were used for gathering information and quantitative analysis was carried out to find out the results. In the quantitative analysis the correlation and regression methods were employed to examine the hypotheses by using SPSS. The result of this study concluded that there is a positive impact of samurdhi micro credit on living standard of dairy entrepreneurs in Oddusuddan DS Division. In addition to this, using micro credit facilities create more job opportunities and variety of economic activities and improve household education, income, saving and heath condition of the people. The study recommends that micro credit institution should consider improve the living standard of dairy entrepreneurs through increase the loan amount with lower interest rate.

Good-Bye to the Washington Consensus?

2003 ◽  
Vol 102 (661) ◽  
pp. 58-64 ◽  
Author(s):  
James E. Mahon
Keyword(s):  
Costa Rica ◽  
Free Market ◽  
Washington Consensus ◽  
Economic Policies ◽  
Economic Openness ◽  
Latin Americans ◽  
Social Disintegration ◽  
Market Economic

Latin Americans might have expected, after following the free-market economic policies of the ‘Washington consensus’ for a dozen years, that the region would have begun to savor the fruits of openness. But with some exceptions—notably Chile, Costa Rica, and much of Mexico—the fruit has turned out to be bitter, as economic openness appears to have accelerated social disintegration.

Beyond the IFIs, beyond USAID in Chavista Venezuela

2020 ◽  
Vol 6 (4) ◽  
pp. 417-436
Author(s):  
Timothy M. Gill
Keyword(s):  
Free Market ◽  
Civil Society Organizations ◽  
Political Freedom ◽  
Economic Policies ◽  
Economic Assistance ◽  
Middle Income ◽  
Middle Income Countries ◽  
Market Economic ◽  
Development Agencies ◽  
The U.S

Many scholars assert that the U.S. state promotes free market economic policies abroad through the leverage it wields within international financial institutions (IFIs), such as the International Monetary Fund and the World Bank. Other scholars have focused on U.S. bilateral aid programs, such as those implemented by USAID, and their emphasis on free market economic policies. In many middle-income countries, though, IFIs and U.S. development agencies do not maintain economic development programs. If the U.S. state cannot promote free market policies through IFIs and its bilateral development agencies, how does it promote them at all in middle-income countries? In this paper, I provide a case study of U.S. foreign policy toward Venezuela, a middle-income country, under the government of President Hugo Chávez (1999–2013). I draw on interviews with U.S. state elites, including several former ambassadors and State Department employees, and U.S. state documents to show how the U.S. encourages free market economic reforms through its support for civil society organizations that embrace these reforms. In particular, I focus on the work of the Center for International Private Enterprise, which has explicitly linked political freedom with economic freedom. Through this organization, the U.S. works with free market think tanks and promotes free market initiatives, all in the form of political rather than economic assistance.

RACING TOWARD THE 21ST CENTURY: SOME CHALLENGES FOR MANAGERS IN CHINA

1995 ◽  
Vol 03 (02) ◽  
pp. 121-148 ◽  
Author(s):  
DOUGLAS ALLEN ◽  
SOMNATH BASU ◽  
CHIU-HUNG TSAI ◽  
MURRAY YOUNG
Keyword(s):  
Management Practices ◽  
Customer Orientation ◽  
Free Market ◽  
Economic Systems ◽  
Economic Policies ◽  
Policy Makers ◽  
Market Economic ◽  
The World ◽  
Effective Models ◽  
China Today

The transformation taking place in China's economy is simultaneously characterized by rapid growth (estimated at 13% in 1992 and 1993), movement toward a free market economic model, and the "opening" of China to active participation in and by the outside world. As these changes take place, managers in China are challenged to adopt new management practices. This paper briefly discusses three major challenges facing managers in China today: 1) enhancing customer orientation; 2) increasing effective utilization of human resources; and 3) development of financial information systems. The paper warns against the temptation to "clone" free market economic systems and management practices. Instead, Chinese managers and policy makers can selectively adopt "best practices" from around the world even as they retain selected Chinese management practices and economic policies which remain effective models from which the rest of the world may learn.

Regulating the Price of Consumer Credit

1971 ◽  
Vol 35 (4) ◽  
pp. 21-28 ◽  
Author(s):  
John J. Wheatley ◽  
Guy G. Gordon
Keyword(s):  
Consumer Protection ◽  
Low Income ◽  
Free Market ◽  
Consumer Credit ◽  
Market Process ◽  
Protection Devices ◽  
Credit Channels ◽  
The Impact ◽  
Low Income Consumers

Laws to limit the rate of interest or service charges on consumer credit are presented as consumer protection devices on the grounds that credit grantors have an advantage over their customers. Opponents of such laws argue that they impair the free market process, that consumers will have to pay credit costs indirectly (such as through increased prices), and that low-income consumers may be forced out of regular credit channels and into the arms of illegal loan sharks. This article summarizes a study to determine the impact of a credit rate limitation law on businesses and consumers.

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