From Crisis to Crisis

Author(s):  
Chris Miller

In 2008, Vladimir Putin reached the end of his second presidential term. Barred by the constitution from serving three consecutive terms, he appointed Dmitry Medvedev his successor and took the position of prime minister for himself. The political shift coincided with an economic crisis, as the financial crash in the United States spread to Russia. Oil prices slumped and financial markets froze up. Many in Russia predicted the end of Putinomics, and new president Medvedev touted his plans to diversify Russia’s economy away from energy. Little came of that. Instead, Russia used the huge financial war chest that Putin had built up to bail out businesses and plug holes in the budget while waiting for an economic recovery. Renewed growth came quickly, though with less vigor than before. Slower growth rates and continued corruption sparked anti-Putin protests in Moscow during late 2011 and early 2012, but Putin’s record of economic success during the 2000s gave him the support he needed to sideline opponents and reassert his control on power. He returned to the presidency in 2012.

2019 ◽  
Vol 5 (1) ◽  
pp. 122
Author(s):  
Ahmad Sahide

Donald Trump is the 45th President of the United States who was sworn in on January 20, 2017. Donald Trump's victory shook the global political order because a number of his statements and political policies were very controversial. A number of controversial Trump policies include the recognition of Jerusalem as the capital of Israel, the closeness of relations with Vladimir Putin, to protectionist policies that get resistance from within and outside the country. The author uses the legitimacy theory in this study to see the political impact of the policies taken by Trump. The results of this study see that Donald Trump's policy controversy has an impact on the crisis of political legitimacy which results in the threat of US political supremacy in the global political arena.


1989 ◽  
Vol 49 (4) ◽  
pp. 833-855 ◽  
Author(s):  
Gary D. Libecap

This article examines a government-sponsored cartel that fixed domestic crude oil prices in interstate markets from 1933 through 1972. Although the cartel raised and stabilized nominal oil prices beyond earlier private efforts, it also resulted in politically driven constraints on price, output levels, and cartel rent distribution. Political factors molded quota assignments, diverted production from low- to high-cost producers, and raised production costs. Political pressures prevented Texas from acting as a residual or swing producer. Instead, the interstate oil cartel members maintained nominal prices and spread the political costs of output adjustments.


2018 ◽  
Vol 21 (1) ◽  
pp. 61
Author(s):  
Vidyarto Nugroho, Ishak Ramli

The global economic crisis of 2008-2010 had an impact on the global economic slowdown. Plus the political crisis in the countries of the Middle East region called the Arab Spring had become the center of world attention, because it also lowers economic conditions and corporate America and in other developing countries. By using daily data price of crude oil, the price of gold and exchange rates as well Rp./USD IDX Composite Index from  the year 2010 - 2012, tested the impact of crude oil prices, global gold prices on the Stock Exchange Composite Index. The result was at the time of global economic and political crisis in oil prices and the world gold price positively affects JCI opposed  to when normal conditions. When the economic crisis plus the political crisis that led to the oil price increases, the share price (CSPI) on the Stock Exchange also increased. Funds drawn investors from investing in the United States and other developing countries is invested in Indonesia so that stock prices rise along with oil prices and gold prices. While the exchange rate negatively affects Rp./USD JCI Stock Exchange, as a stronger rupiah lead JCI Stock Exchange also increased


Author(s):  
John W. Young ◽  
John Kent

This chapter examines the shift in global balance that began in the post-2007 economic crisis. For a considerable time before the 2008 crisis, the United States and most European states had been living on high levels of debt both national and individual, public and private. Manufacturing in the developed West, and its provision of secure jobs for many workers, was undermined by the new economic environment of globalization, as well as the growth of cheaper manufacturing in China and the other BRIC countries. A new epoch of financial capitalism, which had emerged since the 1980s, was in full swing by the start of the Noughties. The chapter first considers the post-2007 economic crisis before discussing the continuing rise of China and Russian foreign policy under Vladimir Putin. It concludes with an assessment of international reactions to China’s rise, including those of East Asia, international organizations, and Taiwan.


2021 ◽  
Vol 43 (2) ◽  
pp. 73-81
Author(s):  
Piotr Kimla

The analysis aims to show the differences in the approach to the growth of communist China as perceived by Zbigniew Brzeziński and John Mearsheimer. It shows that the distinctly different attitudes of these thinkers to China’s growth at the beginning of the 21st century were getting closer over time. It happened as a result of the evolving position of Brzeziński, who gradually realized the danger America’s consent and aid in China’s enormous economic leap poses to the United States. That is why, towards the end of his life, Brzeziński began to write about the necessity to include Russia in the political body of the West, on the condition, however, that Vladimir Putin, whose authoritarian rule aims to recreate the fascist experiment in Italy, is removed from power.


2020 ◽  
Vol 1 (1) ◽  
pp. 141-153
Author(s):  
Adolphus G. Belk ◽  
Robert C. Smith ◽  
Sherri L. Wallace

In general, the founders of the National Conference of Black Political Scientists were “movement people.” Powerful agents of socialization such as the uprisings of the 1960s molded them into scholars with tremendous resolve to tackle systemic inequalities in the political science discipline. In forming NCOBPS as an independent organization, many sought to develop a Black perspective in political science to push the boundaries of knowledge and to use that scholarship to ameliorate the adverse conditions confronting Black people in the United States and around the globe. This paper utilizes historical documents, speeches, interviews, and other scholarly works to detail the lasting contributions of the founders and Black political scientists to the discipline, paying particular attention to their scholarship, teaching, mentoring, and civic engagement. It finds that while political science is much improved as a result of their efforts, there is still work to do if their goals are to be achieved.


1996 ◽  
Vol 6 (2) ◽  
pp. 225-259 ◽  
Author(s):  
Robert K. Whalen

Philo-Semitism is America's enduring contribution to the long, troubled, often murderous dealings of Christians with Jews. Its origins are English, and it drew continuously on two centuries of British research into biblical prophecy from the seventeenth Century onward. Philo-Semitism was, however, soon “domesticated” and adapted to the political and theological climate of America after independence. As a result, it changed as America changed. In the early national period, religious literature abounded that foresaw the conversion of the Jews and the restoration of Israel as the ordained task of the millennial nation—the United States. This scenario was, allowing for exceptions, socially and theologically optimistic and politically liberal, as befit the ethos of a revolutionary era. By the eve of Civil War, however, countless evangelicals cleaved to a darker vision of Christ's return in blood and upheaval. They disparaged liberal social views and remained loyal to an Augustinian theology that others modified or abandoned.


2017 ◽  
Vol 1 (1) ◽  
Author(s):  
Eko Wahyono ◽  
Rizka Amalia ◽  
Ikma Citra Ranteallo

This research further examines the video entitled “what is the truth about post-factual politics?” about the case in the United States related to Trump and in the UK related to Brexit. The phenomenon of Post truth/post factual also occurs in Indonesia as seen in the political struggle experienced by Ahok in the governor election (DKI Jakarta). Through Michel Foucault's approach to post truth with assertive logic, the mass media is constructed for the interested parties and ignores the real reality. The conclusion of this study indicates that new media was able to spread various discourses ranging from influencing the way of thoughts, behavior of society to the ideology adopted by a society.Keywords: Post factual, post truth, new media


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