The Future of Korea's Trade and Business Portfolio in North Africa: A Deep Horizon Political Economy Scan of Algeria, Morocco and Tunisia

2016 ◽  
Author(s):  
Mark Abdollahian ◽  
Jaehoon Lee ◽  
Zining Yang ◽  
Khaled Eid
Keyword(s):  
Political Economy ◽  
North Africa ◽  
The Future ◽  
Deep Horizon

FISCAL PESSIMISM IN HISTORICAL PERSPECTIVE: TOCQUEVILLE'S CROSS REVISITED

2021 ◽  
pp. 1-21
Author(s):  
Isabel Cepeda ◽  
Pedro Fraile Balbín
Keyword(s):  
Economic Growth ◽  
Decision Making ◽  
Political Economy ◽  
Historical Perspective ◽  
Income Redistribution ◽  
Government Control ◽  
Economic Decision ◽  
Modern School ◽  
Economic Decision Making ◽  
The Future

ABSTRACT This paper explores Alexis de Tocqueville's thought on fiscal political economy as a forerunner of the modern school of preference falsification and rational irrationality in economic decision making. A good part of the literature has misrepresented Tocqueville as an unconditional optimist regarding the future of fiscal moderation under democracy. Yet, although he initially shared the cautious optimism of most classical economists with respect to taxes under extended suffrage, Tocqueville's view turned more pessimistic in the second volume of his Democracy in America. Universal enfranchisement and democratic governments would lead to higher taxes, more intense income redistribution and government control. Under democracy, the continuous search for unconditional equality would eventually jeopardise liberty and economic growth.

Whose risk? Bank de-risking and the politics of interpretation and vulnerability in the Middle East and North Africa

2021 ◽  
pp. 1-16
Author(s):  
Sherine El Taraboulsi-McCarthy
Keyword(s):  
Political Economy ◽  
High Risk ◽  
Middle East ◽  
Money Laundering ◽  
North Africa ◽  
Civil Society Organizations ◽  
Negative Consequences ◽  
Local Authorities ◽  
The Impact ◽  
Politics Of Interpretation

Abstract Following the events of 11 September 2001, measures aimed at countering the financing of terrorism (CFT) were intensified by States. Many countries around the world adopted strict anti-money laundering and CFT regulations for the transfer of funds globally. This process increased the costs of complying with regulatory requirements and imposed high penalties on banks for non-compliance. As a result, preventive measures – often known as “de-risking” – were taken up by banks, including terminating the accounts of clients perceived as “high-risk” for money laundering or terrorist financing, and delaying transfers. These measures, however, have had negative consequences, reducing financial access for local civil society organizations in conflict-affected contexts that are deemed high-risk for terrorist activities. Drawing on five years of research to understand the impact of de-risking on conflict-affected contexts from a local perspective, this paper reflects on the local political economy of CFT, with a focus on the Middle East and North Africa. It explores two key areas of inquiry. The first of these is the politics of interpretation – how counterterrorism as a discourse and a set of practices, of which CFT is one, gets interpreted by local authorities and banks, and subsequently gets reinterpreted to the population. This also has implications for which local actors are better positioned to access funds than others, and why. The second area of inquiry is the politics of vulnerability – how the local political economy impact of CFT can increase the social and economic vulnerabilities of some groups more than others. This paper demonstrates that under the guise of “counterterrorism”, local authorities in conflict-affected contexts have used CFT to restrict the non-profit and philanthropic space and are using banking regulations to shape that space in ways that are bound to have negative medium- and long-term implications for it.

scholarly journals Improving Capacity Development for Threatened Maritime and Marine Cultural Heritage Through the Evaluation of a Parameter Framework

2019 ◽  
Vol 14 (3) ◽  
pp. 409-427
Author(s):  
Katherine Recinos ◽  
Lucy Blue
Keyword(s):  
Middle East ◽  
Cultural Heritage ◽  
Case Studies ◽  
North Africa ◽  
Capacity Development ◽  
The World ◽  
The Future ◽  
Development Initiatives

Abstract Maritime cultural heritage is under increasing threat around the world, facing damage, destruction, and disappearance. Despite attempts to mitigate these threats, maritime cultural heritage is often not addressed to the same extent or with equal resources. One approach that can be applied towards protecting and conserving threatened cultural heritage, and closing this gap, is capacity development. This paper addresses the question of how capacity development can be improved and adapted for the protection of maritime cultural heritage under threat. It asserts that capacity development for maritime cultural heritage can be improved by gaining a more comprehensive and structured understanding of capacity development initiatives through applying a consistent framework for evaluation and analysis. This allows for assessment and reflection on previous or ongoing initiatives, leading to the implementation of more effective initiatives in the future. In order to do this, a model for classifying initiatives by ten parameters is proposed. It is then applied to a number of case studies featuring initiatives in the Middle East and North Africa region. This is followed by a discussion of how conclusions and themes drawn from the examination and evaluation of the case study initiatives can provide a deeper understanding of capacity development efforts, and an analysis of how the parameter model as a framework can aid in improving capacity development for threatened maritime cultural heritage overall.

The potential for a progressive paradigm shift

2021 ◽  
Vol 122 (1) ◽  
pp. 170-177
Author(s):  
John McDonnell
Keyword(s):  
Climate Change ◽  
Political Economy ◽  
Paradigm Shift ◽  
Banking Crisis ◽  
Labour Party ◽  
Current Crisis ◽  
Party Manifestos ◽  
The Future

The banking crisis and the pandemic have both demonstrated the potential for a progressive paradigm shift that could break with the hegemony of neoliberalism over Britain’s political economy. The Covid pandemic has demonstrated how many of the ideas and policies that formed the basis of the Labour Party manifestos of 2017 and 2019 are essential to tackling the current crisis of the pandemic and also for tackling the next crisis, which is the existential threat of climate change. For those on the left and progressives, the task is to discuss and plan the economy and society that will translate these lessons into a vision for the future of our society and into the concrete policy programme needed to achieve that vision. This article is based on a lecture given at the Marx Memorial Library on 23 June 2020 and we are pleased to reproduce it here.

Many Happy Returns? Investment Governance and the Political Economy of Time in UK Pensions Provision

2021 ◽  
pp. 209-246
Author(s):  
Craig Berry
Keyword(s):  
Political Economy ◽  
Financial Institutions ◽  
Capital Investment ◽  
Pension Funds ◽  
The Political ◽  
Private Pensions ◽  
Pension Schemes ◽  
The Future ◽  
The Uk

We are increasingly conscious that private pension schemes in the UK are primarily financial institutions. UK private pensions provision has always been highly financialized, but the individualization of provision means this dynamic matters more than ever to retirement incomes. Furthermore, individualization has occurred at a time when the UK economy’s capacity to support a long-term approach to capital investment, upon which pensions depend, has declined. The chapter argues that pensions provision essentially involves managing the failure of the future to resemble the present, or more specifically present forecasts of the future. As our ability to manipulate the value of the future has increased, our ability to tolerate forecast failure has declined. The chapter details how pension funds invest, and how this has changed, and provides an original understanding of several recent attempts to shape pensions investment, ultimately demonstrating the limitations of pensions policy in shaping how provision functions in practice.

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