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This volume explores several notable themes related to the economy in Latin America and offers insightful historical perspectives to understand national, regional, and global issues in the continent since the beginning of the 20th century to the present day. The collected essays focus on economic crises, the relationship of growth models to society and politics, the fluctuations of local economies, and regional protests. Other aspects of consideration in this area include the evolution of integrated regional trading blocs, the informal economy, and the destruction of the productive potential that has had a serious social, cultural, and environmental impact. The volume refuses to impose a traditional and uncritical linear historical narrative onto the reader and instead proposes an alternative interpretation of the past and its relation to the present.
This interdisciplinary book brings together eleven original contributions by scholars in the United Kingdom, continental Europe, America and Japan which represent innovative and important research on the relationship between cities and their hinterlands. They discuss the factors which determined the changing nature of port-hinterland relations in particular, and highlight the ways in which port-cities have interacted and intersected with their different hinterlands as a result of both in- and out-migration, cultural exchange and the wider flow of goods, services and information.Historically, maritime commerce was a powerful driving force behind urbanisation and by 1850 seaports accounted for a significant proportion of the world's great cities. Ports acted as nodal points for the flow of population and the dissemination of goods and services, but their role as growth poles also affected the economic transformation of both their hinterlands and forelands. In fact, most ports, irrespective of their size, had a series of overlapping hinterlands whose shifting importance reflected changes in trading relations (political frameworks), migration patterns, family networks and cultural exchange. Urban historians have been criticised for being concerned primarily with self-contained processes which operate within the boundaries of individual towns and cities and as a result, the key relationships between cities and their hinterlands have often been neglected. The chapters in this work focus primarily on the determinants of port-hinterland linkages and analyse these as distinct, but interrelated, fields of interaction.Marking a significant contribution to the literature in this field, Port-Cities and their Hinterlands provides essential reading for students and scholars of the history of economics.
What is Pan-Americanism? People have been struggling with that problem for over a century. Pan-Americanism is (and has been) an amalgam of diplomatic, political, economic, and cultural projects under the umbrella of hemispheric cooperation and housed institutionally in the Pan-American Union, and later the Organization of American States. But what made Pan-Americanism exceptional? The chapters in this volume suggest that Pan-Americanism played a central and lasting role in structuring inter-American relations, because of the ways in which the movement was reinvented over time, and because the actors who shaped it often redefined and redeployed the term. Through the twentieth century, new appropriations of Pan-Americanism structured, restructured, and redefined inter-American relations. Taken together, these chapters underscore two exciting new shifts in how scholars and others have come to understand Pan-Americanism and inter-American relations. First, Pan-Americanism is increasingly understood not simply as a diplomatic, commercial, and economic forum, but a movement that has included cultural exchange. Second, researchers, political leaders, and the media in several countries have traditionally conceived of Pan-Americanism as a mechanism of US expansionism. This volume reimagines Pan-Americanism as a movement built by actors from all corners of the Americas.
Moral Hazard is a core concept in economics. In a nutshell, moral hazard reflects the reduced incentive to protect against risk where an entity is (or believes it will be) protected from its consequences, whether through an insurance arrangement or an implicit or explicit guarantee system. It is fundamentally driven by information asymmetry, arises in all sectors of the economy, including banking, medical insurance, financial insurance, and governmental support, undermines the stability of our economic systems and has burdened taxpayers in all developed countries, resulting in significant costs to the community. Despite the seriousness and pervasiveness of moral hazard, policymakers and scholars have failed to address this issue. This book fills this gap.It covers 200 years of moral hazard: from its origins in the 19th century to the bailouts announced in the aftermath of the COVID-19 outbreak. The book is divided into three parts. Part I deals with the ethics and other fundamental issues connected to moral hazard. Part II provides historical and empirical evidence on moral hazard in international finance. It examines in turn the role of the export credit industry, the international lender of last resort, and the IMF. Finally, Part III examines specific sectors such as automobile, banking, and the US industry at large.This is the first book to provide an interdisciplinary analysis of moral hazard and explain why addressing this issue has become crucial today. As such, it will attract interest from scholars across different fields, including economists, political scientists and lawyers.
This volume examines the place of Marxist theory in the history of the journal Educational Philosophy and Theory, primarily through the selection and exploration of typical and significant articles exploring Marxist-related themes in the journal over time. The title, From Radical Marxism to Knowledge Socialism, reflects this historical approach. In the 1960s and 1970s, Marxism was considered to be a radical, extreme 'political' theory, while western liberalism and a free-market economy were largely taken for granted as natural phenomena, in western philosophy of education and in the journal. More recently, educational theorists have begun to explore trends related to the neoliberal age. Paradoxically, such trends include the move toward knowledge socialism, which decenters the normative presuppositions of knowledge capitalism as the latest iteration of western liberalism.The volume begins with an introductory chapter that examines the history of Marxism in western philosophy and philosophy of education. The rest of the book features works selected from the journal that further illustrate the evolution of Marxist theoretical perspectives in the field over time. This collection thus gives a sense of the range and extent of Marxist-inspired thinking in educational philosophy and theory.This book will be of interest to students and scholars of educational philosophy and theory and others who are interested in exploring in depth the evolution of key themes in this field over time, including liberalism, ideology, Marxism, neoliberalism, knowledge construction, capitalist and socialist schooling, and other aspects of economic analysis in education.
This volume shows how families in different contexts - noble, urban, legal, religious - and across different periods of history from the late Middle Ages to the modern era, shaped the Polish-Lithuanian Commonwealth and its successor states, pre-partitioned and post-partitioned Poland. Contributors draw on a diverse range of different sources including rural and urban court registers, church registers, and population surveys to examine the economic bases of families as well as marital and family conflicts. The sources and the applied research methods enable contributors to characterize families led not only by men but also by single women. New research methods employed include approaches to family structures drawn from sociology, such as life-cycle and life-course analysis, as well as anthropological methods to reconstruct kinship in communities. Spanning several centuries, and from the river Oder to the Black Sea, the Baltic, Lithuania, Belarus and the Ukrainian borderlands, this volume is a major contribution to the historiography on East Central Europe, a region still too often omitted from histories of Europe.¿Framing the Polish Family in the Past will appeal to researchers and students alike in Polish and Lithuanian History and Medieval and Early Modern Society and Culture.
With the rise of modern behavioural economics and increasing interest in subjective well-being research, the question of the relationship between economics and psychology has again been brought to the fore. Drawing on the history of economic thought, this book explores the historical relationship between the two disciplines.
Departing from the category of 'peripheral socialism', this book offers an economic history of the Cuban revolution between 1959 and 2019, with a focus on the period that ranges between 2008 and 2018.
This book starts with an assumption that actors are controlled by diverse, inconsistent forces and shows that introducing this level of complexity allows for the creation of a wide array of critical game theory models that can help to attain new insights into nature, human nature, human institutions, and human behaviour.
Adam Smith's An Inquiry into the Nature and Causes of the Wealth of Nations was the product of the rich tradition of the Scottish Enlightenment but the book's fame immediately spread across the whole of Europe. This book looks at the long journey of Smith's ideas from Scotland to peninsular Spain, reconstructing in detail the reception, adaptation, interpretation, and application of Smith's central concepts from 1777 up to 1840.In light of methodological advances during the last two decades in the history of economic thought and the studies on the late Spanish Enlightenment and early Liberalism, the book tackles a series of significant issues and gaps in the historiography. In particular: this book sheds new light on the role of France as an intermediate step as the ideas spread from Britain southwards; the analysis draws not just on translations but also handwritten materials, book reviews, syntheses, summaries, plagiarism and rebuttals; a wide range of methods of dissemination are considered including the printing press and periodicals, parliamentary debates, academic chairs and societies; the role of individual translators and agents is given due prominence; the political interpretations of the Wealth of Nations and the ways in which the book was incorporated into the work of Spanish economists in the decades following publication are also considered.This book marks a significant contribution to the literature on the reception of Smith's Wealth of Nations, studies of the Spanish Enlightenment and history of economic thought more broadly.
This book is the second of three volumes that uses the theory of Optimal Currency Areas (OCAs) and applied econometric techniques to provide the reader with a compact analysis of the Euro area, its evolution and future perspectives. Each volume of the series is dedicated to one of the three critical criteria for an OCA: 1) business cycle synchronization, 2) factor mobility and 3) the existence of a risk sharing system. This second volume deals with the criterion of factor mobility. The authors investigate and discuss whether there are signs of labor and capital mobility that have helped dampen economic shocks among the regions of the Euro during its short history. The book is of interest to a wide range of researchers in financial economics, macroeconomics and economic policy.
This book provides a history of Swiss banking not confined to stereotypical opinions about secret numbered accounts. Instead, the presented history covers other intriguing events and developments beyond the famous issue of banking secrecy and the corresponding scandals. Topics covered in the book include the early financial innovations by banks in Geneva to handle the sovereign risk on bonds issued in pre-revolutionary France, the monetary chaos that led to the creation of the Swiss franc, the rather peculiar banknote competition and free-banking system in Switzerland during most of the nineteenth century, how the country and its currency became a financial safe haven after World War I, the golden age of Swiss banking when Zurich was briefly one of the largest financial centres in the world, and the exceptional shocks during and after the recent global financial crisis. In sum, a fascinating story emerges about an internationally important banking centre in oneof the most unlikely places in the world.This book is a must-read for students, scholars, and researchers of economics and finance, as well as practitioners interested in a better understanding of economic history in general, and Swiss banking in particular.
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