Reassessing Ireland’s economic development through the lens of sustainable development

After a century of Irish independence, this study constructs long run Genuine Savings estimates, a leading economic indicator of sustainable development, to reassess Irish economic history from the vantage of sustainable development. The main difference uncovered surrounds the post-1950 period where Ireland failed to achieve economic convergence and was considered an economic failure in growth terms. From a sustainability perspective, Ireland may have been an overachiever during a “great transition” of sustainable development driven by improved institutions and policies. The findings show the value of the sustainable development perspective in shedding new light on a country’s development experience.

Disaster Theory

The online community of vaporwave music is a cultural development that emerged in the 2010s and therefore fully within the ideological sphere of postindustrialism. Consisting of slowed-down samples from pop songs and advertising jingles from the 1980s and 1990s stitched together with original synthesizer pieces that resemble those used in horror-film scores, vaporwave is an undead, artificial soundscape that floats somewhere between music and sound. Its fake nostalgia for an alternative yet ossified past aims to confront our contemporary social paralysis in the face of postmillennial economic failure and political crisis. This article examines gothic elements of the vaporwave music phenomenon to analyze how vaporwave expresses sociopolitical traumas of late capitalism. Derridean notions of hauntology articulate the individual’s self-isolation and objectification under the neoliberal homogenization of culture in vaporwave artist Begotten’s contributions to the hushwave subgenre of the scene (2018–19). Vaporwave’s cyclical and uncanny sounds embody the spectral haunting of Marx in capitalism’s repetitive pronunciation of victory over its vanquished, communist foe in Sunsetcorp’s 2009 single “nobody here” and the manifestations of American political trauma after 9/11 in Cat System Corporation’s signalwave album, News at 11 (2016).

Government economic failure will worsen Yemen’s crisis

Headline YEMEN: Government economic failures will worsen crisis

UNTYING EMPIRICAL KNOTS: DETERIORATION OF PROFITABILITY, ECONOMIC FAILURE, AND FINANCIAL INSOLVENCY IN THE PHILIPPINES BEFORE COVID-19 OUTBREAK

Corporate bankruptcy has enormous economic ramifications, particularly for investors and creditors of publicly listed companies (PLC). Prior to a corporate collapse, a company's financial status is frequently in jeopardy, and its performance either affirms progress or predicts failure. As a result, management is interested in a technique of determining a company's financial distress. Financial accounting analyses were performed to determine the solvency, liquidity, profitability, and gearing capacity of 136 firms, with 680 economic entries, before CoVid-19 Outbreak. To scrutinise financial distress, the Altman Z-scores and financial zone of discriminations were generated through GB bankruptcy, and PLC bankruptcy model. The link between declining profitability, economic failure, and financial insolvency as indicators of financial distress was examined through panel regression with random factors. Prior to the COVID-19 outbreak, there were no signs of declining profitability, economic collapse, or financial insolvency in the Philippines, according to the findings of the study. Individual components of financial distress and the overall z-score have no statistically meaningful association with financial performance and position markers. As a result, the solvency ratio has little predictive value in forecasting financial distress. The fact that a company has a higher solvency ratio does not also imply that it is less likely to go bankrupt. The findings go counter to classic accounting perspectives and pure managerial research that claim the solvency ratio is always a reliable predictor of financial distress. Finally, the paper examined the financial health of firms and untangled the knots of financial distress.

COVID-19 Pandemic Strategies in Tourism Activity as Guidelines for Ex-Yugoslavia Countries Tourism Recovery

Tourism economy is severely affected by COVID-19 pandemic, and if it is not adequately handled, the industry will suffer further negative consequences, resulting in economic failure. This study attempts to formulate post-COVID-19 recovery strategies for Destination Management Organizations (DMO) in six ex-Yugoslavia (Ex-Yu) countries. In order to achieve this, firstly, an overview of popularity of tourist sights in the Ex-Yu is given, benchmarking pre-COVID-19 to the current pandemic scenario; secondly, global best case practices of post-COVID-19 recovery strategies in Tourism economy are analyzed, drawing paralles with Ex-Yu countries. To understand the effect of the global pandemic on the international tourism and in Ex-Yu countries, statistical data from reputable and authentic data sources was collected and analyzed. The research findings prove that effective, long-term strategies are necessary to recover the industry from the negative effects of the pandemic. This pandemic has left such an impact on this industry, that it will be a challenge to overcome the consequences, some of them for years to stay. Therefore, governments and international organisations, as well as private companies, must establish a long-term plan for the industry so that it does not fail again, as it did in this case, in order to continue on the path of growth. At various stages, methods should be consistent and complementary. Thus, recovery strategies need to respond to challenges in a way that ensures a planned and effective recovery of the industry.

Pressures on Pyongyang raise risk of regime collapse

Significance On April 4, supreme leader Kim Jong-un called this “the worst-ever situation in which we have to overcome unprecedentedly numerous challenges”. Much hinges on how soon trade with China resumes. If that happens this month, as Chinese businesses near the border expect (though other reports are sceptical), then some North Koreans will experience some relief. However, other sources of discontent are brewing. Impacts Economic failure is inevitable without market reforms, but the regime is moving in the opposite direction. Scapegoating and purging the nomenklatura for economic failures will breed resentment among the elite. North Korea needs China, but that fact is widely resented.

Nyerere in Eyes of his Critics

There are a number of positive ideals about Mwalimu Julius Nyerere in the literatures. His ideals includes among others his devotion for peace, security, unity and democracy. However, the ideals do not limit the visibility of his negative traits. This paper specially examines the criticisms against Nyerere. The paper looks at the portrayal of Nyerere in number literatures from his critics. It examines the literatures against Nyerere in number of issues including his role in the decolonization struggle, the situation of democracy and individual freedom during his reign and his position towards Islamic religion and Zanzibar revolution. The paper establishes that most of criticisms against Nyerere are not refuted because supporters and critics talk about different things. Whereas his supporters put forward his role in building the nation, critics focus his in his economic failure and deprivation of individual freedom in Tanzania.

The departure of the Greeks from Egypt, 1961: the perspective of Greek diplomacy

The departure of the greater part of the Greek community from Egypt is one of the many sad stories of the post-war Mediterranean. This article focuses upon the reports of the Greek Consul-General in Alexandria, Byron Theodoropoulos, regarding the Egyptian ‘Socialist Laws’ of summer 1961, which gave the coup de grâce to the Greek community. It argues that the expulsion of the Greeks was part of a wider redistribution of power in the region. This episode, together with similar experiences in other parts of the Mediterranean, evidently cemented the determination of a younger generation of political leaders and diplomats to seek Greece's future in the cosmopolitan, post-nationalist West, rather than in a ‘Near East’ rife with nationalism and economic failure.

State entrepreneurship in New South Wales’ trawl fishery, 1914-1923

In 1914, the New South Wales (NSW) Government decided to alter its fisheries policy, with the development of an offshore trawling industry supplanting support for inshore fishing as its key development objective. Accordingly, between 1915 and 1923 the NSW Government operated a commercial trawling industry designed to fish previously unexploited fish stocks on the state’s continental shelf. The State Trawling Industry (STI) was designed to meet a mix of social and economic policy goals, with the NSW Government controlling all parts of the production line from catching to selling produce. This article examines the business structure of the enterprise to reveal the reasons for its economic failure. It argues that government entrepreneurship created a new consumer market and unintentionally paved the way for the rise of a modern private trawling industry.

PhD Research Proposal on "Economic" Refugees

Economic liberalization has become a serious form of economic persecution which international law should take into consideration when assessing asylum claims. This is because the emergence of economic refugees is a direct result of globalization, a phenomenon not anticipated by the 1951 Convention Relating to the Status of refugees. Economic refugees are thus labeled as undeserving and yet most refugees hail from countries where economic failure, political instability, poverty, and persecution are indissolubly linked.