Liberalization at Any Cost? Implications of IMF Policy for Sovereignty and Stability in East Asia

2000 ◽  
Vol 15 (1) ◽  
pp. 43-56
Author(s):  
Michael Spaulding

Globalization pits pressures for liberalization against state claims to political and economic sovereignty. Less powerful states in particular face strong pressure from the international trade regime to liberalize their economies irrespective of the impact on domestic stability and national goals. East Asia has been a hold-out against the global trend toward liberalization. This paper shows that the bail-out package demanded by the IMF in 1997 during the East Asian financial crisis imposed unprecedented restrictions on state governance without regard for long-term implications. The paper argues that the IMF's motivation was to harmonize financial governance of the affected economies with Western practices. However, the cost of this initiative to the stability of the region has been overlooked. The East Asian region has carved out for itself a unique niche in the international political economy by resisting penetration of Western finance capital. Already governments have fallen and deep resentments have been sewn over the reversal. More seriously for the future, assumptions that free-market liberalism can be imposed top-down ignore the extent to which economic institutions and preferences are embedded in culture.

2020 ◽  
Vol 30 (04) ◽  
pp. 2050053
Author(s):  
Mainul Hossain ◽  
Nikhil Pal ◽  
Sudip Samanta ◽  
Joydev Chattopadhyay

In the present paper, we investigate the impact of fear in an intraguild predation model. We consider that the growth rate of intraguild prey (IG prey) is reduced due to the cost of fear of intraguild predator (IG predator), and the growth rate of basal prey is suppressed due to the cost of fear of both the IG prey and the IG predator. The basic mathematical results such as positively invariant space, boundedness of the solutions, persistence of the system have been investigated. We further analyze the existence and local stability of the biologically feasible equilibrium points, and also study the Hopf-bifurcation analysis of the system with respect to the fear parameter. The direction of Hopf-bifurcation and the stability properties of the periodic solutions have also been investigated. We observe that in the absence of fear, omnivory produces chaos in a three-species food chain system. However, fear can stabilize the chaos thus obtained. We also observe that the system shows bistability behavior between IG prey free equilibrium and IG predator free equilibrium, and bistability between IG prey free equilibrium and interior equilibrium. Furthermore, we observe that for a suitable set of parameter values, the system may exhibit multiple stable limit cycles. We perform extensive numerical simulations to explore the rich dynamics of a simple intraguild predation model with fear effect.


2019 ◽  
Vol 5 (3) ◽  
pp. eaau9875 ◽  
Author(s):  
E. Ezcurra ◽  
E. Barrios ◽  
P. Ezcurra ◽  
A. Ezcurra ◽  
S. Vanderplank ◽  
...  

We tested how sediment trapping by hydroelectric dams affects tropical estuaries by comparing two dammed and two undammed rivers on Mexico’s Pacific coast. We found that dams demonstrably affected the stability and productivity of the estuaries. The two rivers dammed for hydroelectricity had a rapid coastal recession (between 7.9 and 21.5 ha year−1) in what should otherwise be an accretional coastline. The economic consequences of this dam-induced coastal erosion include loss of habitat for fisheries, loss of coastal protection, release of carbon sequestered in coastal sediments, loss of biodiversity, and the decline of estuarine livelihoods. We estimate that the cost of the environmental damages a dam can cause in the lower part of basin almost doubles the purported benefits of emission reductions from hydroelectric generation.


2020 ◽  
Vol 35 (4) ◽  
pp. 316-322
Author(s):  
Paulo Oliveira ◽  
Ubiratan Oliveira ◽  
Ricardo Stenders ◽  
Ademir Silva ◽  
Helio Vital ◽  
...  

A radiological dispersion device is a weapon that combines radioactive material with conventional explosives for spreading radioactive material across an inhabited area. This study is focused on evaluating key parameters in an radiological dispersion device scenario. The calculations were performed to include two different situations: by using explosives and by simple mechanical release. Simulations were conducted with the use of the HotSpot Health Physics Codes. The results suggest the existence of significant correlations between stability classes in scenarios where they evolve with time, producing alternations between them. As long as the stability class remains constant, this latter finding offers the possibility of creating a suitable response, based on temporal evolutions. Therefore, the purpose of this study is to: estimate the size of the potentially affected population, estimate absorbed doses, and estimate the cost-effectiveness in order to help initial responses by providing time-sensitive information about the event. A methodology capable of providing useful information allows prompt decisions and initial assessments of future risks to be made efficiently. This approach can also provide a training environment for the personnel responsible for the decision-making at an early stage of the response.


Author(s):  
Connie A. Shemo

The history of East Asian religions in the United States is inextricably intertwined with the broader history of United States–East Asian relations, and specifically with U.S. imperialism. For most Americans in the 19th and into the early 20th centuries, information about religious life in China, Japan, and Korea came largely through foreign missionaries. A few prominent missionaries were deeply involved in the translation of important texts in East Asian religions and helped promote some understanding of these traditions. The majority of missionary writings, however, condemned the existing religions in these cultures as part of their critiques of the cultures as degenerate and in need of Christianity. In the late 19th and early 20th centuries, when the women’s foreign mission movement was the largest women’s movement in the United States, women missionaries’ representations of East Asian religions as inherent in the oppression of women particularly reached a large audience. There was also fascination with East Asian religions in the United States, especially as the 20th century progressed, and more translations appeared from people not connected to the foreign mission movement. By the 1920s, as “World Friendship” became an important paradigm in the foreign missionary movement, some missionary representations of East Asian religions became more positive, reflecting and contributing to a broader trend in the United States toward a greater interest in religious traditions around the world, and coinciding with a move toward secularization. As some scholars have suggested, the interest in East Asian religions in the United States in some ways fits into the framework of “Orientalism,” to use Edward Said’s famous term, viewing religions of the “East” as an exotic alternative to religion in the West. Other scholars have suggested that looking at the reception of these religions through a framework of “Orientalism” underestimates and distorts the impact these religious traditions have had in the United States. Regardless, religious traditions from East Asia have become a part of the American religious landscape, through both the practice of people who have immigrated from East Asia or practice the religion as they have learned from family members, and converts to those religions. The numbers of identified practitioners of East Asian religions in United States, with the exception of Buddhism, a religion that originated outside of East Asia, is extremely small, and even Buddhists are less than 2 percent of the American population. At the same time, some religious traditions, such as Daoism and some variants of Buddhism (most notably Zen Buddhism), have exercised a significant impact on popular culture, even while a clear understanding of these traditions has not yet been widespread in the United States. Some understanding of Confucianism as well has recently been spread through the propagation of “Confucian” institutes in the United States. It is through these institutes that we may see the beginnings of the Chinese government exercising some influence in American universities, which, while not comparable to the impact of Christian missionaries in the development of Chinese educational institutions in the late 19th and early 20th centuries, nonetheless can illuminate the growing power of China in Sino-American relations in the beginning of the 21st century. While the term “East Asian” religions is frequently used for convenience, it is important to be aware of potential pitfalls in assigning labels such as “Western” and “Eastern” to religious traditions, particularly if this involves a construction of Christianity as inherently “Western.” At a time when South Korea sends the second largest number of Christian missionaries to other countries, Christianity could theoretically be defined as an East Asian religion, in that a significant number of people in one East Asian country not only practice but actively seek to propagate the religion. Terms such as “Eastern” and “Western” to define religious traditions are cultural constructs in and of themselves.


Subject Headwinds for US-ASEAN trade. Significance The Office of the United States Trade Representative (USTR) last month withdrew ‘developing country’ status from several countries, including half the ASEAN states. This 'developing' status to a large extent protects countries that have it from US investigations into their trade practices. Impacts US companies will file more trade complaints against their South-east Asian rivals because the threshold for such complaints will be lower. More US tariffs on goods from ASEAN countries would increase the cost of doing business for South-east Asia. South-east Asian public opinion towards the United States will deteriorate.


Author(s):  
Stephanie Jones

Purpose – The aim of this study is to determine the nature and extent of the threat of global maritime piracy. The cost of global piracy has been estimated at USD15-25 billion, reaching an all-time high in 2011, remaining an ongoing threat to world trade and contributing to high commodity costs. Design/methodology/approach – Based on a literature review of formal and informal published sources, this exploratory and diagnostic article attempts to approximately quantify global piracy in terms of pirate activity worldwide and shipper response, and looks at global trends and some tentative economic implications. Findings – The overall findings are inconclusive due to unreliable and piecemeal data, but global piracy clearly impacts goods carried by sea. The piracy problem may be estimated in terms of ships and crew affected, ransoms paid, the impact on specific commodities in terms of cargoes carried and cost implications of pirate-avoiding rerouting. Practical implications – Pirates are getting rich, but their compatriots are poorer than ever. Countries desperate for international aid are corruptly laundering pirate ransom income and continuing to support pirate warlords. Prices are continuing to rise for consumers in all countries. Solutions to the piracy problem remain elusive, and are considered in a follow-up article, Maritime piracy – the challenge of providing long-term solutions. Originality/value – Most articles in this field consider specific piracy incidents in particular locations, without an overall analysis of the impact on world trade as a whole. There is a gap in the literature for an up-to-date, analytical study of maritime piracy worldwide.


2019 ◽  
Vol 12 (05) ◽  
pp. 1950054
Author(s):  
Shu Xiang ◽  
Yongzhen Pei ◽  
Xiyin Liang

Sex pheromone, aiming at mating disruption (MD), being species specific and leaving no toxic residues in the produce grown, offers an attractive alternative to conventional pesticides. In this paper, by incorporating the gestation delay and sex pheromone, we explore the impact of MD control on the dynamic behaviors of pest system. Firstly, the boundness, stability and bifurcation of system are deliberated. Secondly, an optimal control problem based on sex pheromone and pesticide is transformed into an equivalent optimal parameter selection problem by introducing the constrain violation function. Additionally, the gradients of the cost function with respect to the dose of sex pheromone and the killing rate are given. Furthermore, simulations are executed to validate the validity of our method. Meanwhile, our results indicate that gestation delay increases the extinction risk of the population and liberating sex pheromone destroys the stability of equilibrium states.


2014 ◽  
Vol 1065-1069 ◽  
pp. 3-6 ◽  
Author(s):  
Zhen Yu Wu ◽  
Zhong Yuan Duan

Software ABAQUS was carried out to analyze the effect of earth berms on behavior of cantilever retaining structure, and the soil was in modified Cambridge model. The results showed that: in the premise of ensuring the stability of earth berm itself, height and width of earth berm increased reasonably can reduce the horizontal displacement and bending moment of supporting structure, so as to improve the safety of the supporting structure, and save the cost of project.


Author(s):  
A.P.M. Shaw

Finding appropriate ways of dealing with the problem of tsetse and trypanosomosis will be an important component of efforts to alleviate poverty in Africa. This article reviews the history of economic analyses of the problem, starting with the use of cost to guide choice of technique for tsetse control in the 1950s, followed by work in the 1970s and 1980s linking these to the impact of the disease on livestock productivity, and in the 1990s to its wider impact. In the current situation, with limited resources and a range of techniques for controlling or eliminating tsetse, the cost implications of choosing one technique or another are important and a recent study reviewed these costs. A novel approach to assessing the potential benefits from removing trypanosomosis by creating 'money maps' showed that high losses from animal trypanosomosis currently occur in areas with high cattle population densities on the margins of the tsetse distribution and where animal traction is an important component of farming systems. Given the importance of the decisions to be made in the next decade, when prioritising and choosing techniques for dealing with tsetse and trypanosomosis, more work needs to be done underpinning such mapping exercises and estimating the true cost and likely impact of planned interventions.


Author(s):  
Marina Buyanova ◽  
Irina Averina ◽  
Alina Kulakova

Modern globalization processes cause the emergence of new threats to society, and necessitate the development of innovative mechanisms to overcome them in order to improve the level of security at various levels of management. The objective of this study is to test the methodology for assessing the level of security of the economic system of the region (based on the use of an integral indicator), as well as the definition of mechanisms for its provision at the meso-level. The structure of this indicator includes aspects of the impact on the stability of the system of the following factors (market, non-market and social ones), based on the system of indicators (the number of employed population, the cost of technological innovation per capita, investment in fixed capital, etc.). The calculation of summary indicators is given on the example of one of the subjects of the Russian Federation (Volgograd region), which allowed to determine negative changes in the level of economic security in the region (significant technological backwardness, consistent depletion of natural resources, growth of budget commitments, etc.). Due to the comprehensive assessment, a list of factors that cause this condition has been identified with the aim of further targeted impact from public authorities to overcome the negative trends in the economic system of the region and (or) leveling their consequences. The development of mechanisms to ensure the economic security of the region, based on the above-mentioned method of integrated assessment, allows not only to fully assess the state of the regional economy, but also to identify the potential to strengthen the position of the entity of the country both at the national and international arena.


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