Argentina Currency Peg and Fiscal Reforms (A)

Author(s):  
Nabil Al-Najjar ◽  
Simone Galperti

Case (A) starts by reviewing several attempts made by three consecutive Argentine governments between 1973 and 1989 to fight the three-digit inflation rates that had troubled the country since the end of World War II. Next, the implementation of the currency peg under the broad umbrella called the “convertibility plan” is discussed and its rationale is explained in connection with the Central Bank's role in controlling inflation and market expectations. The case then outlines the fiscal reforms introduced in the early 1990s concerning public finance, market regulation, and social security. Finally, the outcomes of these policies are briefly summarized.Argentina's currency collapse provides a vivid illustration of the perils of government control on exchange rates in an export-dependent economy. Students will learn and understand (1) the role of herding and expectations in currency collapse; (2) the interdependence of fiscal and monetary policies; (3) monetary base management and its effects on inflation; (4) the advantages and drawbacks of currency pegs; (5) the story of the late 1990s financial and currency crises.

2015 ◽  
Vol 33 (1) ◽  
pp. 1-15
Author(s):  
Henrietta Bannerman

John Cranko's dramatic and theatrically powerful Antigone (1959) disappeared from the ballet repertory in 1966 and this essay calls for a reappraisal and restaging of the work for 21st century audiences. Created in a post-World War II environment, and in the wake of appearances in London by the Martha Graham Company and Jerome Robbins’ Ballets USA, I point to American influences in Cranko's choreography. However, the discussion of the Greek-themed Antigone involves detailed consideration of the relationship between the ballet and the ancient dramas which inspired it, especially as the programme notes accompanying performances emphasised its Sophoclean source but failed to recognise that Cranko mainly based his ballet on an early play by Jean Racine. As Antigone derives from tragic drama, the essay investigates catharsis, one of the many principles that Aristotle delineated in the Poetics. This well-known effect is produced by Greek tragedies but the critics of the era complained about its lack in Cranko's ballet – views which I challenge. There is also an investigation of the role of Antigone, both in the play and in the ballet, and since Cranko created the role for Svetlana Beriosova, I reflect on memories of Beriosova's interpretation supported by more recent viewings of Edmée Wood's 1959 film.


2007 ◽  
Vol 7 (4) ◽  
pp. 26-29
Author(s):  
mayer kirshenblatt ◽  
barbara kirshenblatt-gimblett

Mayer Kirshenblatt remembers in words and paintings the daily diet of Jews in Poland before the Holocaust. Born in 1916 in Opatóów (Apt in Yiddish), a small Polish city, this self-taught artist describes and paints how women bought chickens from the peasants and brought them to the shoykhet (ritual slaughterer), where they plucked the feathers; the custom of shlogn kapores (transferring one's sins to a chicken) before Yom Kippur; and the role of herring and root vegetables in the diet, especially during the winter. Mayer describes how his family planted and harvested potatoes on leased land, stored them in a root cellar, and the variety of dishes prepared from this important staple, as well as how to make a kratsborsht or scratch borsht from the milt (semen sack) of a herring. In the course of a forty-year conversation with his daughter, Barbara Kirshenblatt-Gimblett, who also interviewed Mayer's mother, a picture emerges of the daily, weekly, seasonal, and holiday cuisine of Jews who lived in southeastern Poland before World War II.


2019 ◽  
Vol 20 (2) ◽  
pp. 37-41
Author(s):  
Maftuna Sanoqulova ◽  

This article consists of the politics which connected with oil in Saudi Arabia after the World war II , the relations of economical cooperations on this matter and the place of oil in the history of world economics


2020 ◽  
Vol 2020 (10-3) ◽  
pp. 70-81
Author(s):  
David Ramiro Troitino ◽  
Tanel Kerikmae ◽  
Olga Shumilo

This article highlights the role of Charles de Gaulle in the history of united post-war Europe, his approaches to the internal and foreign French policies, also vetoing the membership of the United Kingdom in the European Community. The authors describe the emergence of De Gaulle as a politician, his uneasy relationship with Roosevelt and Churchill during World War II, also the roots of developing a “nationalistic” approach to regional policy after the end of the war. The article also considers the emergence of the Common Agricultural Policy (hereinafter - CAP), one of Charles de Gaulle’s biggest achievements in foreign policy, and the reasons for the Fouchet Plan defeat.


2020 ◽  
Vol 27 (6) ◽  
pp. 105-113
Author(s):  
T. G. Nekhaeva

The article examines publication of statistical data commemorating the anniversaries of the USSR Victory in the Great Patriotic War as the most important information sources for an objective analysis of historical events. The reason for writing this article was the release of the statistical handbook of Rosstat, dedicated to the 75th anniversary of the Great Victory. In the introduction, the author argues the current urgency of issues addressed in the article caused by information warfare aimed at distorting the historical truth about the role of our country in the anti-Hitler coalition and the defeat of fascism in the World War II. The body of the article describes the concept and content of the anniversary edition. An important point of the article is the analysis of data sources used in the preparation of the handbook. The author reviews the anniversary handbook structure that includes a preface and the following sections: Population, Economic, Living conditions, Mobilization of population, Partisan movement, Evacuation during the war, Casualties and losses during the war, Military memorials and cemeteries, State awards, References. It is noted that the handbook maintains the tradition of previous statistical publications dedicated to the anniversaries of the Great Victory. Lastly, the author substantiates the novelty of data presented in the anniversary handbook and the logical structure of statistical materials in it. The author draws conclusions about the paramount importance of, and need to continue popularization of data on the great exploits of the Soviet people during the war and to introduce new statistical information into scientific circulation, which is causing further comprehension of primary information sources about the Great Patriotic War of 1941-1945.


Author(s):  
Lawrence O. Gostin ◽  
Benjamin Mason Meier

This chapter introduces the foundational importance of human rights for global health, providing a theoretical basis for the edited volume by laying out the role of human rights under international law as a normative basis for public health. By addressing public health harms as human rights violations, international law has offered global standards by which to frame government responsibilities and evaluate health practices, providing legal accountability in global health policy. The authors trace the historical foundations for understanding the development of human rights and the role of human rights in protecting and promoting health since the end of World War II and the birth of the United Nations. Examining the development of human rights under international law, the authors introduce the right to health as an encompassing right to health care and underlying determinants of health, exploring this right alongside other “health-related human rights.”


Author(s):  
Fred L. Borch

Explores the role of the Dutch in the Indies from 1595, when sailors from Amsterdam first arrived in the islands, to 1942, when the Japanese invaded the colony and inflicted a devastating defeat upon the Dutch. The history of the Dutch in the Indonesian archipelago is critical to understanding the impact of the Japanese occupation after 1942, and the nature of the war crimes committed by the Japanese. This is because the ultimate goal of the Japanese occupiers was to erase all aspects of Dutch culture and influence the islands. The chapter begins with an examination of the early Dutch settlement of the islands, and the development of the colonial economy. It then discusses the so-called “Ethical Policy,” which sought to unify the islands under Dutch rule and implement European ideas about civilization, culture, and prosperity. The chapter looks at the colony’s social structure prior to World War II and closes with a discussion of the colony’s preparations for war with the Japanese in 1942. A short postscript explains what occurred between August 1945, when the Japanese surrendered, and December 1949, when the Netherlands East Indies ceased to exist.


This interdisciplinary volume presents nineteen chapters by Roman historians and archaeologists, discussing trade in the Roman Empire in the period c.100 BC to AD 350, and in particular the role of the Roman state, in shaping the institutional framework for trade within and outside the Empire, in taxing that trade, and in intervening in the markets to ensure the supply of particular commodities, especially for the city of Rome and for the army. The chapters in this volume address facets of the subject on the basis of widely different sources of evidence—historical, papyrological, and archaeological—and are grouped in three sections: institutional factors (taxation, legal structures, market regulation, financial institutions); evidence for long-distance trade within the Empire, in wood, stone, glass, and pottery; and trade beyond the frontiers, with the East (as far as China), India, Arabia, and the Red Sea, and the Sahara. Rome’s external trade with realms to the east emerges as being of particular significance to the fisc. But in the eastern part of the Empire at least, the state appears, in collaboration with the elite holders of wealth, to have adapted the mechanisms of taxation, both direct and indirect, to support its need for revenue. On the other hand, the price of that collaboration, which was in effect a fiscal partnership, in slightly different forms in East and West, in the longer term fundamentally changed the political character of the Empire.


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