Realigning Interests

Realigning Interests
Author: M. Chang
Publisher: Springer
Total Pages: 211
Release: 2016-02-10
Genre: Political Science
ISBN: 1403980179

Why do currency crises happen? What conditions set the stage for such a crisis? How severe will it be? When will it happen? This book answers these questions, illustrating the points by examining the exchange rate realignments of the European Monetary System. It also shows how balancing the tension between domestic and international politics plays a vital part in a government's willingness to uphold its exchange rate commitments. Michele Chang pays particular attention to the role of domestic elections, since these may prevent governments from credibly committing to a fixed exchange rate and from responding quickly and coherently to market instability, thus encouraging speculation.

French-German Interest Rate Differentials and Time-Varying Realignment Risk

French-German Interest Rate Differentials and Time-Varying Realignment Risk
Author: Mr.Francesco Caramazza
Publisher: International Monetary Fund
Total Pages: 28
Release: 1993-01-01
Genre: Business & Economics
ISBN: 1451931336

This paper explores the determinants of expected rates of realignment of the French franc/Deutsche mark exchange rate during the period 1987-1991. It does so by first estimating expected parity changes and then relating these to economic variables that are believed to influence agents’ realignment expectations. Time-varying expected rates of realignment are estimated in two ways: one, by adjusting short-term euromarket interest rate differentials for the expected rate of change of the FF/DM exchange rate within the EMS fluctuation band and two, by the differential in the yield on long-term government bonds. The behavior of the exchange rate within the band is found to be consistent with mean reversion and the expected change is nontrivial. Thus, by filtering out the expected mean reversion within the band from short-term interest rate differentials more precise measures of expected changes in the central parity are obtained. Realignment expectations are found to be closely related to the evolution of fundamental economic variables and, for shorter horizons, the position of the franc in the fluctuation band.

Limited Access Orders in the Developing World: a New Approach to the Problems of Development

Limited Access Orders in the Developing World: a New Approach to the Problems of Development
Author: Douglass C. North
Publisher: World Bank Publications
Total Pages: 50
Release: 2007
Genre: Collective
ISBN:

Abstract: The upper-income, advanced industrial countries of the world today all have market economies with open competition, competitive multi-party democratic political systems, and a secure government monopoly over violence. Such open access orders, however, are not the only norm and equilibrium type of society. The middle and low-income developing countries today, like all countries before about 1800, can be understood as limited access orders that maintain their equilibrium in a fundamentally different way. In limited access orders, the state does not have a secure monopoly on violence, and society organizes itself to control violence among the elite factions. A common feature of limited access orders is that political elites divide up control of the economy, each getting some share of the rents. Since outbreaks of violence reduce the rents, the elite factions have incentives to be peaceable most of the time. Adequate stability of the rents and thus of the social order requires limiting access and competition-hence a social order with a fundamentally different logic than the open access order. This paper lays out such a framework and explores some of its implications for the problems of development today.

Mapping for Change

Mapping for Change
Author:
Publisher: IIED
Total Pages: 155
Release: 2006
Genre: Digital mapping
ISBN: 1843696053

Participation in spatial information management and communication. A combined CTA and IIED issue

Shaping Education Policy

Shaping Education Policy
Author: Douglas E. Mitchell
Publisher: Routledge
Total Pages: 566
Release: 2011-06-01
Genre: Education
ISBN: 1136869964

Shaping Education Policy is a comprehensive overview of education politics and policy during the most turbulent and rapidly changing period in American history. Respected scholars review the history of education policy to explain the political powers and processes that shape education today. Chapters cover major themes that have influenced education, including the civil rights movement, federal involvement, the accountability movement, family choice, and development of nationalization and globalization. Sponsored by the Politics of Education Association, this edited collection examines the tumultuous shifts in education policy over the last six decades and projects the likely future of public education. This book is a necessary resource for understanding the evolution, current status, and possibilities of educational policy and politics.

Political Science For Dummies

Political Science For Dummies
Author: Marcus A. Stadelmann
Publisher: John Wiley & Sons
Total Pages: 339
Release: 2020-07-27
Genre: Political Science
ISBN: 1119674832

Expand your political science knowledge with a book that explains concepts in a way anyone can understand! The global political climate is dynamic, at times even volatile. To understand this evolving landscape, it’s important to learn more about how countries are governed. Political Science For Dummies explores the questions that political scientists examine, such as how our leaders make decisions, who shapes political policy, and why countries go to war. The book is the perfect course supplement for students taking college-level, introductory political science courses. Political Science For Dummies is a guide that makes political science concepts easier to grasp. Get a better understanding of political ideologies, institutions, policies, processes, and behavior Explore topics such as class, government, diplomacy, law, strategy, and war Learn the specialized vocabulary within the field of political science Help prepare for a range of careers, from policy analyst to legislative assistant Political science crosses into many other areas of study, such as sociology, economics, history, anthropology, international relations, law, statistics, and public policy. Those who want to understand the implications of changing political economies or how governing bodies work can look to Political Science For Dummies. It’s the book thatcuts through the jargon as it focuses on issues that interest readers.

Practitioner's Guide to Litigating Insurance Coverage Actions

Practitioner's Guide to Litigating Insurance Coverage Actions
Author: Jerold Oshinsky
Publisher: Wolters Kluwer
Total Pages: 4668
Release: 1998-01-01
Genre: Law
ISBN: 0735545782

Practitionerand’s Guide to Litigating Insurance Coverage Actions, Second Edition is a comprehensive, two-volume manual that offers an excellent framework for understanding the complex practical and procedural issues that can arise in insurance coverage disputes. Written by insurance litigators with extensive experience from both the policyholder and insurance company perspective, Practitionerand’s Guide to Litigating Insurance Coverage Actions reveals hard-won strategies and proven-effective litigation tools to help you successfully prepare or defend an insurance coverage case. Masterfully organized and streamlined in a two-volume format, Practitionerand’s Guide to Litigating Insurance Coverage Actions walks you through the logical sequence of events as an insurance coverage litigation case evolves. Youand’ll find: Step-by-step guidance through every stage of case preparation and litigation. Balanced and“best-practiceand” recommendations for counsel to policyholders and insurance companies. And much more! Model Forms include: Notice Letters Initial Pleadings Preliminary Motions Discovery Requests Summary Judgment Motions Motions at Trial Opening and Closing Statements Trial Briefs and Jury Instructions Motions and Briefs during Appeals Process Settlement Agreements

Translingual Practice

Translingual Practice
Author: A. Suresh Canagarajah
Publisher: Routledge
Total Pages: 226
Release: 2013
Genre: Foreign Language Study
ISBN: 041568398X

Winner of the AAAL Book Award 2015 Winner of the Modern Language Association's Thirty-Third Mina P. Shaughnessy Prize Winner of the BAAL Book Prize 2014 Translingual Practice: Global Englishes and Cosmopolitan Relations introduces a new way of looking at the use of English within a global context. Challenging traditional approaches in second language acquisition and English language teaching, this book incorporates recent advances in multilingual studies, sociolinguistics, and new literacy studies to articulate a new perspective on this area. Canagarajah argues that multilinguals merge their own languages and values into English, which opens up various negotiation strategies that help them decode other unique varieties of English and construct new norms. Incisive and groundbreaking, this will be essential reading for anyone interested in multilingualism, world Englishes and intercultural communication.