Mortality and Financial Crises
Drawing on a dataset covering more than 100 countries from 1970 to 2007, we estimate the impact of different types of financial crises on male and female mortality. We find that only currency crises have a direct short-term impact on mortality rates. We stylize our reading of the key empirical evidence of this paper in the following way: of three distinct types of financial crises, it is currency crises that have a direct short-term impact on mortality rates, and this is particularly the case for males
The paper analyses how the individuals' deposits influences the resources of Russian banks. We show that the depositors panic in the crisis has a serious effect on stability of both bank and national bank system. We show the tendencies how the volume and structure of individuals' deposits change; how to avoid the rash of withdrawals by individual depositors; and how the resources of Russian banks shrank because of such withdrawals happened in the period of the crisis. We also present our assessment of how the resources of Russian banks reduced because of the rash of withdrawals in the crisis.
The article concentrates on Chicherin, a Russian philosopher and lawyer, and his views on the correlation between liberty, law and morality. The author comments on Chicherin's ideas in the context of other views existing at the turn of the 19th and the 20th centuries. These are the views of such representatives of the Russian socially political, legal and philosophical ideas as Kavelin, Novgorodtsev, Struve, Alekseev and others, including modern researchers. Special reference is maid to Chicherin and Solovyov's polemics, which is important step in the history of Russian philosophy. Pointing out a constant connection between law and morality, that often complement each other on the basis of common values, Chicherin strongly insisted on differentiating between these notions. He was sure that the only way to a moral ideal was freedom, not an outward compulsion. And our past historical experience is the best confirmation of this idea. The work also focuses on the fact that the peculiarity of Russian law philosophy is its concentration on the questions of morality and law, the attempt of becoming closer to a moral ideal.
Seventeen papers, originally presented at a conference held in honor of Erik Thorbecke at Cornell University in October 2003, highlight the depth and breadth of Thorbecke's influence in research and policy on poverty, inequality, and development. Papers discuss the growth and roots of Erik Thorbecke's career; the consistency of poverty lines; poverty indices; whether poverty and inequality measures should be combined; an approach to measuring health inequality in India; household investments in education and income inequality at the community level in Indonesia; poverty traps and safety nets; progress in the modeling of rural households' behavior under market failures; labor laws and labor welfare in the context of the Indian experience; macro models and multipliers; multiplier effects and the reduction of poverty; developing an accounting matrix for the euro area; globalization, economic reform, and structural price transmission--social accounting matrix decomposition techniques with an empirical application to Vietnam; institutions, factor endowment, and inequality in Ghana, Kenya, and Senegal; an optimal nonlinear taxation approach combining incentives, inequality, and the allocation of aid when conditionality doesn't work; agricultural research and policy to achieve nutrition goals; and whether dualism is worth revisiting. No index.
Presents a guide to the two health modules included in the World Bank's ADePT analysis software. Discusses what the ADePT health outcomes module does; data preparation; an example data set; how to generate the tables and graphs; interpreting the tables and graphs; technical notes; what the ADePT health financing module does; data preparation; example data sets; how to generate the tables and graphs; interpreting the tables and graphs; and technical notes. Index.
This article discusses current approaches to the study of morality as a predictor of individual behavior. Integration of personological and socio- psychological approaches opens new perspectives for considering the relationship between moral judgment and moral action. «Self» is considered as a «point of intersection». «Moral Self» is the center of attention in a number of personological as well as socio — psychological research directions. The total consideration of three factors — cognitive aspects of the morality (representations, values, judgments), the components of Self (moral self-esteem and the place of morality in the structure of Self) and situational infl uences (threat / support of the moral Self) — allows to predict individual behavior.
The Group of Eight (G8) has had extensive and even existential experience with financial crises (Kirton 2007). The groups creation was driven by financial crises created by and in the US, in the form of the Nixon Administration’s unilateral destruction of the Bretton Woods system of fixed exchange rates on August 15, 1971 and the imminent bankruptcy of New York City at the time of the first summit at Rambouillet in November 1975. Then came a succession of real and potential crises, notably Britain’s need for support from the International Monetary Fund (IMF) in the mid 1970s and Italy’s need in 1976, the developing countries debt crisis of the early 1980s, the American stock market plunge of October 1987, the attack on the European Monetary System (EMS), the Mexican peso crisis starting on December 20, 1994, the Asian-turned-global financial crisis of 1997–1999, the 9/11 terrorist attacks on America, the Enron–dot.com bust and the America-turned-global financial crisis from 2008 to now. Since the G8’s 1975 start, such crises have been created by others to afflict a vulnerable America, and been created by America to attack the rest of the world. In both cases such crisis have been conscious, calculated controlled and targeted, as on August 15, 1971 and September 11, 2001, and unco.nscious, uncalculated, uncontrolled and untargeted events characterized by contagion, complexity and uncertainty that no one can fully comprehend, as in the global crisis from 2008 until now.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.