An Analysis of the Financial Crisis of 2008: Causes and Solutions

2008 ◽  
Author(s):  
Austin Murphy
Keyword(s):  
Financial Crisis ◽  
Financial Crisis Of 2008

Drag resistance: Necropolitics, queer survival and a Balkan counterpublics

2021 ◽  
Vol 6 (2) ◽  
pp. 159-174 ◽  
Author(s):  
T. Anna
Keyword(s):  
Financial Crisis ◽  
Right Wing ◽  
Cultural Events ◽  
Starting Point ◽  
Political Choices ◽  
Financial Crisis Of 2008 ◽  
Political Scene ◽  
Drag Queens

Taking the murder of Greek HIV+ and queer activist Zak Kostopoulos as its starting point – an exercise of necropolitical power in broad daylight – this article explores the work of drag queens in Greece and their aesthetic/political choices. It interprets their performances as tactics of survival and resistance and as creative responses to queer trauma. The role of queerfeminist spaces, cultural events and collectives also is examined as a response to the increasing right-wing turn in the country’s political scene – itself the result of the financial crisis of 2008. It imports José Esteban Muñoz’s disidentifications and counterpublics, Elizabeth Freeman’s erotohistoriography and Achille Mbembe’s necropolitics into the Greek/Balkan context and analyses the particular configurations and intersections of sexualities, genders, statehood, race, class and religion in Greece. It then examines disidentifications and counterpublics as empowering practices of community forming, offering glimpses of a queer Balkan counterpublics and the tools employed towards its making (humour, parody, reclaiming, disidentification, mourning and embodied pleasures).

Seeing Like the Fed: Culture, Cognition, and Framing in the Failure to Anticipate the Financial Crisis of 2008

2017 ◽  
Vol 82 (5) ◽  
pp. 879-909 ◽  
Author(s):  
Neil Fligstein ◽  
Jonah Stuart Brundage ◽  
Michael Schultz
Keyword(s):  
Decision Making ◽  
Financial Crisis ◽  
Recent Work ◽  
Open Market ◽  
Financial Instruments ◽  
Federal Open Market Committee ◽  
Macroeconomic Theory ◽  
Making Sense ◽  
Financial Crisis Of 2008 ◽  
Positive Light

One of the puzzles about the financial crisis of 2008 is why regulators, particularly the Federal Open Market Committee (FOMC), were so slow to recognize the impending collapse of the financial system and its broader consequences for the economy. We use theory from the literature on culture, cognition, and framing to explain this puzzle. Consistent with recent work on “positive asymmetry,” we show how the FOMC generally interpreted discomforting facts in a positive light, marginalizing and normalizing anomalous information. We argue that all frames limit what can be understood, but the content of frames matters for how facts are identified and explained. We provide evidence that the Federal Reserve’s primary frame for making sense of the economy was macroeconomic theory. The content of macroeconomics made it difficult for the FOMC to connect events into a narrative reflecting the links between foreclosures in the housing market, the financial instruments used to package the mortgages into securities, and the threats to the larger economy. We conclude with implications for the sociological literatures on framing and cognition and for decision-making in future crises.

scholarly journals TYPOLOGY OF FLEURIET AND THE FINANCIAL CRISIS OF 2008

2012 ◽  
pp. 40-59 ◽  
Author(s):  
Cristiano do Nascimento ◽  
Márcia Maria dos Santos Bortolocci Espejo ◽  
Simone Bernardes Voese ◽  
Elisete Dahmer Pfitscher
Keyword(s):  
Financial Crisis ◽  
Financial Crisis Of 2008

scholarly journals Colonial Past and Constitutional Momentum: The Case of Iceland

2013 ◽  
Vol 8 (2) ◽  
Author(s):  
Ágúst Þór Árnason
Keyword(s):  
Financial Crisis ◽  
World Wide ◽  
Economic Life ◽  
The World ◽  
Financial Crisis Of 2008 ◽  
The Republic

In June 2010, nearly two years after the world-wide financial crisis of 2008 hit Iceland, the Icelandic Parliament passed an act on a Constitutional Assembly. Even if no one has succeeded to show any direct connections between the financial crisis and the provisions and the function of the constitution of 1944, loud voices did claim that Icelanders were fortunately faced with a “constitutional moment” and, subsequently, an opportunity to change the nation’s political as well as economic life; something people were ethically obligated to make use of. With no better justified or defined reasons for such an all-inclusive revision, however, it is a worth-while undertaking to take a closer look at the notion of a constitutional moment, and see if that can help us to understand why the Republic of Iceland should abolish its founding constitution without a preceding thorough analysis of its functional failures.

scholarly journals The Effects of Financial Crisis on Hedging Efficiency of Indian Rubber Future Markets

2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Saji Thazhungal Govindan Nair
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Price Volatility ◽  
Spot Market ◽  
Risk Exposure ◽  
Integration Framework ◽  
Market Participants ◽  
Financial Crisis Of 2008 ◽  
Price Risks

This research, under Engle-Granger Co-integration framework, examines the hedging efficiency of Indian rubber future markets during the period 2004-2017. The essence of this study is to seek evidence for the effects of global financial crisis of 2008 on the efficiency of rubber futures in hedging  price risks of spot rubber in India. The study proved the hedging efficiency of rubber futures during both pre and post recession periods. However, increased price volatility of Indian rubber after recession heightened risk exposure to market participants that eventually lead to unexpected changes in the hedging efficiency of rubber futures.  The research concludes with a suggestion that writing of rubber futures in India allows traders to hedge risk exposures in spot market along with the potentials of arbitrage gains. 

scholarly journals Populism in Iceland: Has the Progressive Party turned populist?

2015 ◽  
Vol 11 (1) ◽  
pp. 33 ◽  
Author(s):  
Eiríkur Bergmann
Keyword(s):  
Financial Crisis ◽  
Political Parties ◽  
Financial Crisis Of 2008 ◽  
Progressive Party

Though nationalism has always been strong in Iceland, populist political parties did not emerge as a viable force until after the financial crisis of 2008. On wave of the crisis a completely renewed leadership took over the country’s old agrarian party, the Progressive Party (PP), which was rapidly transformed in a more populist direction. Still the PP is perhaps more firmly nationalist than populist. However, when analyzing communicational changes of the new postcrisis leadership it is unavoidable to categorize the party amongst at least the softer version of European populist parties, perhaps closest to the Norwegian Progress Party.

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