Author: Frank Griffith Dawson Publisher: Yale University Press ISBN: 9780300047271 Category : Business & Economics Languages : en Pages : 310
Book Description
This book analyzes a neglected but fascinating chapter in Anglo-Latin American relations, the disastrous 1822-25 investment boom. During this brief period, British investors lost £21 million in defaulted Latin America as an area for capital investment for a generation. Today Latin America owes its banking and other anxious international creditors over $400 billion, and amount that is unlikely to be repaid. Valuable lessons can be learned by studying the nineteenth-century antecedents of the current situation. Frank Griffith Dawson explores in depth the origins and consequences of the first Latin American debt crisis, interweaving economic details with the broader historical context of society, government, and diplomacy of the period. His wide-ranging discussion includes descriptions of the vicissitudes of the loans, bond issues, and speculative ventures in mining and agriculture, life styles of the various Latin American agents who were empowered to negotiate loans for the new states, the sometimes dishonest British banking and stock broking figured involved in the transactions, and the unfailing gullibility of the investing public. Dawson’s saga sheds light not only capital-exporting nation, but also on a London, when its institutions first began wholeheartedly to adapt themselves to their roles as the financial arbiters of the world. This readable and entertaining book will be of interest to students of Latin American and European economic history. It will also be instructive reading to politicians, stockbrokers, bankers, and lawyers who are attempting to deal with the consequences of the latest Latin American lending boom.
Author: Andrew Duguid Publisher: Springer ISBN: 1137299304 Category : Business & Economics Languages : en Pages : 449
Book Description
Huge losses very nearly destroyed Lloyd's, a revered British institution, the world's largest insurance market. Ten thousand people faced big personal bills they thought profoundly unfair. They challenged a complacent institution, forcing it to confront its biggest ever crisis. This book tells what really happened, from the inside.
Author: Hunter Powell Publisher: Manchester University Press ISBN: 1526184028 Category : History Languages : en Pages : 273
Book Description
This book seeks to bring coherence to two of the most studied periods in British history, Caroline non-conformity (pre-1640) and the British revolution (post-1642). It does so by focusing on the pivotal years of 1638–44 where debates around non-conformity within the Church of England morphed into a revolution between Parliament and its king. Parliament, saddled with the responsibility of re-defining England’s church, called its Westminster assembly of divines to debate and define the content and boundaries of that new church. Typically this period has been studied as either an ecclesiastical power struggle between Presbyterians and independents, or as the harbinger of modern religious toleration. This book challenges those assumptions and provides an entirely new framework for understanding one of the most important moments in British history.
Author: Philip Mirowski Publisher: Verso Books ISBN: 1781683026 Category : Political Science Languages : en Pages : 497
Book Description
At the onset of the Great Recession, as house prices sank and joblessness soared, many commentators concluded that the economic convictions behind the disaster would now be consigned to history. Yet in the harsh light of a new day, attacks against government intervention and the global drive for austerity are as strong as ever. Never Let a Serious Crisis Go to Waste is the definitive account of the wreckage of what passes for economic thought, and how neoliberal ideas were used to solve the very crisis they had created. Now updated with a new afterword, Philip Mirowski’s sharp and witty work provides a roadmap for those looking to escape today’s misguided economic dogma.
Author: Costas Lapavitsas Publisher: Verso Books ISBN: 1844679691 Category : Political Science Languages : en Pages : 273
Book Description
First, there was the credit crunch, and governments around the world stepped in to bail out the banks. The sequel to that debacle is the sovereign debt crisis, which has hit the eurozone hard. The hour has come to pay the piper, and ordinary citizens across Europe are growing to realize that socialism for the wealthy means punching a few new holes in their already-tightened belts. Building on his work as a leading member of the renowned Research on Money and Finance group, Costas Lapavitsas argues that European austerity is counterproductive. Cutbacks in public spending will mean a longer, deeper recession, worsen the burden of debt, further imperil banks, and may soon spell the end of monetary union itself. Crisis in the Eurozone charts a cautious path between political economy and radical economics to envisage a restructuring reliant on the forces of organized labour and civil society. The clear-headed rationalism at the heart of this book conveys a controversial message, unwelcome in many quarters but soon to be echoed across the continent: impoverished states have to quit the euro and cut their losses or worse hardship will ensue.
Author: Neil Longley York Publisher: ISBN: 9780865978959 Category : History Languages : en Pages : 0
Book Description
The Crisis was a London weekly published between January 1775 and October 1776. It was the longest-running weekly pamphlet series printed in the British Atlantic world during those years. The Crisis lays claim to our attention because of its place in the rise of freedom of the press, its self-conscious attempt to create a transatlantic community of protest, and its targeting of the king as the source of political problems--but without attacking the institution of monarchy itself.
Author: Kathleen Burk Publisher: Yale University Press ISBN: 0300057288 Category : Business & Economics Languages : en Pages : 298
Book Description
In this authoritative and gripping book--the first full account of the 1976 International Monetary Fund crisis--Kathleen Burk and Alec Cairncross peel back the surface of the most searing economic crisis of postwar Britain to reveal its historical roots and contemporary context. During the spring of 1976, the plummeting value of the British pound against the U.S. dollar triggered a traumatic economic and political crisis. International confidence in the pound collapsed; an article in the Wall Street Journal, headlined "Good-bye, Great Britain," urged investors to get out of sterling. Refused aid by the London and New York markets, the Labour Government under Prime Minister James Callaghan was forced to turn for help to the IMF--a highly unusual move for a developed Western economy. Fearing that the economic crisis would drive Britain into a left-wing siege economy which would endanger NATO and the EEC, the United States and Germany used the IMF loan as a means to force Britain to make major domestic policy changes; when the IMF mission arrived in London in November 1976, it was announced that the price for the loan included deep cuts in domestic spending. Burk and Cairncross uncover the maneuvers of the Labour Government to evade IMF conditions. They also examine underlying economic factors, the political agenda, the rise of monetarist ideas, and the Keynesian response. Juxtaposing narrative with analysis, they provide surprising answers to critical questions and reveal how the breakdown of the post-war consensus on the macroeconomic management paved the way for the triumph of Thatcherism.
Author: Oliver Milman Publisher: W. W. Norton & Company ISBN: 1324006609 Category : Science Languages : en Pages : 272
Book Description
A devastating examination of how collapsing insect populations worldwide threaten everything from wild birds to the food on our plate. From ants scurrying under leaf litter to bees able to fly higher than Mount Kilimanjaro, insects are everywhere. Three out of every four of our planet’s known animal species are insects. In The Insect Crisis, acclaimed journalist Oliver Milman dives into the torrent of recent evidence that suggests this kaleidoscopic group of creatures is suffering the greatest existential crisis in its remarkable 400-million-year history. What is causing the collapse of the insect world? Why does this alarming decline pose such a threat to us? And what can be done to stem the loss of the miniature empires that hold aloft life as we know it? With urgency and great clarity, Milman explores this hidden emergency, arguing that its consequences could even rival climate change. He joins the scientists tracking the decline of insect populations across the globe, including the soaring mountains of Mexico that host an epic, yet dwindling, migration of monarch butterflies; the verdant countryside of England that has been emptied of insect life; the gargantuan fields of U.S. agriculture that have proved a killing ground for bees; and an offbeat experiment in Denmark that shows there aren’t that many bugs splattering into your car windshield these days. These losses not only further tear at the tapestry of life on our degraded planet; they imperil everything we hold dear, from the food on our supermarket shelves to the medicines in our cabinets to the riot of nature that thrills and enlivens us. Even insects we may dread, including the hated cockroach, or the stinging wasp, play crucial ecological roles, and their decline would profoundly shape our own story. By connecting butterfly and bee, moth and beetle from across the globe, the full scope of loss renders a portrait of a crisis that threatens to upend the workings of our collective history. Part warning, part celebration of the incredible variety of insects, The Insect Crisis is a wake-up call for us all.
Author: Alan James Publisher: Springer ISBN: 1349245283 Category : History Languages : en Pages : 235
Book Description
Based on interviews and on documentary collections in Britain, Sweden and the US, this book describes and analyses Britain's often-tortured response to the crisis which occurred in Congo immediately following its independence. Principally, it throws much fresh light on British policy. But it also examines the impact of the crisis on Britain's status as a great power; reveals important new material about the UN's conduct of its peacekeeping operation in the Congo; and draws lessons about the conduct of contemporary peacekeeping.
Author: David Powell Publisher: ISBN: Category : Great Britain Languages : en Pages : 213
Book Description
The author provides a stimulating interpretation of the Edwardian period, offering valuable insights into the difficulties of governing a society in a time of rapid modernisation and suggesting a new perspective on the question of whether Britain was on the verge of revolution in the summer of 1914.
Author: Frank Griffith Dawson
Author: Andrew Duguid
Author: Hunter Powell
Author: Philip Mirowski
Author: Costas Lapavitsas
Author: Neil Longley York
Author: Kathleen Burk
Author: Oliver Milman
Author: Alan James
Author: David Powell