A bedrock American principle is the idea that all individuals should have the opportunity to succeed on the basis of their own effort, skill, and ingenuity.—Federal Reserve Chairman Ben Bernanke Income inequality has been on the rise since the late 1970s, but the economic and financial crisis of 2008 instigated an unemployment epidemic that dramatically compounded this problem in the United States and catapulted the issue to the center of debate. There is wide agreement across the political spectrum that high inequality is contributing to undesirable circumstances such as stagnant household income, rising poverty rates, and increased borrowing and debt, though there is much less agreement on remedies. Inequality in America provides a snapshot of the issues posed by the growing concentrations of income, focusing on the United States but drawing on international comparisons to help set the context. The authors examine the economic, technological, and political drivers of inequality and identify worrying trends associated with its rise. They demonstrate how specific factors have exacerbated income inequality, including technological change, international trade, changes in labor market participation, and the increasing role of the financial sector. Their clear and concise exposition makes the issues surrounding income distribution accessible to a wider public. As they write in the conclusion: "We have argued that tackling the worst effects of inequality and re-establishing a measure of equal opportunity requires increased investment in crucial public goods: first, education; second, a more progressive and simplified tax system; and third, increased international cooperation to avoid a race to the bottom. Education, tax, and other such policies are pursued by other highperforming advanced countries and can be shaped for the United States in a way that is fully consistent with an efficient and competitive American economy.
This volume examines the economic problems of Arab countries following the Arab Spring. The authors argue that reforms need to accomplish four objectives: more opportunities for youth, modernization of the state, creation of a competitive private economy, and integration of Arab countries with the global economy.
Now, more than ever, the world needs growth-oriented and socially inclusive policymaking. Is the world giving up on the promise of ever-greater prosperity for all, on functioning democratic institutions, and on long-term peace? Is the special set of circumstances that led to the recent rapid growth in emerging markets unlikely to be present in the future? Will the second decade of the twenty first century end with “secular stagnation”? Does the rise of authoritarianism, populism, and fanatic nihilism—all experienced over the last few years—threaten to unravel what has been built painstakingly since the catastrophe of World War II? Kemal Dervis addresses these and similar questions in this thought-provoking series of essays written for Project Syndicate from 2011 to 2015. The essays are organized in three sections: global economic interdependence, inequality and the political economy of reform, and the specific challenge of Europe. The common theme is the need for growth-oriented and socially inclusive policymaking in an interdependent world. These kinds of policies offer the potential for another wave of unprecedented human progress aided by breathtaking new technologies. However, a huge and destabilizing disruption is possible if policymaking is not globally cooperative and is not focused on inclusion and greater equity. These essays synthesize the experience and analysis of a scholar and policymaker with national, regional, and international experience at the highest levels. Dervis exhibits a passion for combining strongly held values with political feasibility.
This book examines the insurgency and flight of the Armenian communities in Musa Dagh between 1915 and 1939. It analyzes the narratives surrounding the Armenian rebellion against the Ottoman Empire, including the community’s resistance against the imperial order for relocation and the flight to the Musa Mountain.
Turkey: A necessary ally in a troubled region With the new administration in office, it is not clear whether the U.S. will continue to lead and sustain a global liberal order that was already confronted by daunting challenges. These range from a fragile European Union rocked by the United Kingdom’s exit and rising populism to a cold war-like rivalry with Russia and instability in the Middle East. A long-standing member of NATO, Turkey stands as a front-line state in the midst of many of these challenges. Yet, Turkey is failing to play a more constructive role in supporting this order--beyond caring for nearly 3 million refugees, mostly coming from the fighting in Syria--and its current leadership is in frequent disagreement with its Western allies. This tension has been compounded by a failed Turkish foreign policy that aspired to establish its own alternative regional order in the Middle East. As a result, many in the West now question whether Turkey functions as a dependable ally for the United States and other NATO members. Kemal Kirisci’s new book argues that, despite these problems, the domestic and regional realities are now edging Turkey toward improving its relations with the West. A better understanding of these developments will be critical in devising a new and realistic U.S. strategy toward a transformed Turkey and its neighborhood. Western policymakers must keep in mind three on-the-ground realities that might help improve the relationship with Turkey. First, Turkey remains deeply integrated within the transatlantic community, a fact that once imbued it with prestige in its neighborhood. It is this prestige that the recent trajectory of Turkish domestic politics and foreign policy has squandered; for it to be regained, Turkey needs to rebuild cooperation with the West. The second reality is that chaos in the neighborhood has resulted in the loss of lucrative markets for Turkish exports—which, in return, increases the value to Turkey of Western markets. Third, Turkish national security is threatened by developments in Syria and an increasingly assertive Russia, enhancing the strategic value of Turkey’s “troubled alliance” with the West. The big question, however, is whether rising authoritarianism in Turkey and the government’s anti-Western rhetoric will cease and Turkey’s democracy restored before the current fault lines can be overcome and constructive re-engagement between the two sides can occur. In light of these realities, this book discusses the challenges and opportunities for the new U.S. administration as well as the EU of re-engaging with a sometimes-troublesome, yet long-time ally.
Annotation The 19th century prevails in this anthology on the transformation of the late Ottoman state into modern Turkey. Thirty-three articles are arranged in three categories: the Ottoman socio-political transformation, the population movements of immigration and migration, and the formation of nation-states with politico-religious identities. Karpat (history, U. of Wisconsin) has a central aim: to counteract what would become bureaucratic Republican attempts by the Turkish Historical Society (formerly, the Ottoman Historical Society) to cut off Turkish history from its Ottoman past. The THS was able to do this by instead connecting the Republic with its earlier Central Asian roots, and by relying too heavily on European versions of Ottoman/Turkish history more unfavorable to things Ottoman. Topics include the social and economic transformation of Istanbul in the 19th century, Jewish population movements in the Ottoman Empire, Ottoman relations with the Balkan nations after 1683, and Romanian independence and the Ottoman state. Annotation c. Book News, Inc., Portland, OR (booknews.com).
Combining international and domestic perspectives, this book analyzes the transformation of the Ottoman Empire over the nineteenth and twentieth centuries. It views privatization of state lands and the increase of domestic and foreign trade as key factors in the rise of a Muslim middle class, which, increasingly aware of its economic interests and communal roots, then attempted to reshape the government to reflect its ideals.
Ahmedi’s History of the Kings of the Ottoman Lineage and Their Holy Raid(s) against the Infidels is the foundation text for the study of the rise of the Ottoman State. Virtually, every scholarly work dealing with the subject refers to his versified account of the early Ottomans. Even though it encompasses only a limited period of the Ottoman dynastic history, its importance derives from the fact that it is the oldest annalistic account of Ottoman history that has come down to us. Because the earliest Ottomans left no accounts of themselves, Ahmedi’s work became the key source—though almost always without a proper reading of the text—for subsequent theories regarding the social and political structure of the early Ottoman State.
Bahriye Kemal's ground-breaking new work serves as the first study of the literatures of Cyprus from a postcolonial and partition perspective. Her book explores Anglophone, Hellenophone and Turkophone writings from the 1920s to the present. Drawing on Yi-Fu Tuan’s humanistic geography and Henri Lefebvre’s Marxist philosophy, Kemal proposes a new interdisciplinary spatial model, at once theoretical and empirical, that demonstrates the power of space and place in postcolonial partition cases. The book shows the ways that place and space determine identity so as to create identifications; together these places, spaces and identifications are always in production. In analysing practices of writing, inventing, experiencing, reading, and construction, the book offers a distinct ‘solidarity’ that captures the ‘truth of space’ and place for the production of multiple-mutable Cypruses shaped by and for multiple-mutable selves, ending in a 'differential’ Cyprus, Mediterranean, and world. Writing Cyprus offers not only a nuanced understanding of the actual and active production of colonialism, postcolonialism and partition that dismantles the dominant binary legacy of historical-political deadlock discourse, but a fruitful model for understanding other sites of conflict and division
Now, more than ever, the world needs growth-oriented and socially inclusive policymaking. Is the world giving up on the promise of ever-greater prosperity for all, on functioning democratic institutions, and on long-term peace? Is the special set of circumstances that led to the recent rapid growth in emerging markets unlikely to be present in the future? Will the second decade of the twenty first century end with “secular stagnation”? Does the rise of authoritarianism, populism, and fanatic nihilism—all experienced over the last few years—threaten to unravel what has been built painstakingly since the catastrophe of World War II? Kemal Dervis addresses these and similar questions in this thought-provoking series of essays written for Project Syndicate from 2011 to 2015. The essays are organized in three sections: global economic interdependence, inequality and the political economy of reform, and the specific challenge of Europe. The common theme is the need for growth-oriented and socially inclusive policymaking in an interdependent world. These kinds of policies offer the potential for another wave of unprecedented human progress aided by breathtaking new technologies. However, a huge and destabilizing disruption is possible if policymaking is not globally cooperative and is not focused on inclusion and greater equity. These essays synthesize the experience and analysis of a scholar and policymaker with national, regional, and international experience at the highest levels. Dervis exhibits a passion for combining strongly held values with political feasibility.
This volume examines the economic problems of Arab countries following the Arab Spring. The authors argue that reforms need to accomplish four objectives: more opportunities for youth, modernization of the state, creation of a competitive private economy, and integration of Arab countries with the global economy.
A bedrock American principle is the idea that all individuals should have the opportunity to succeed on the basis of their own effort, skill, and ingenuity.—Federal Reserve Chairman Ben Bernanke Income inequality has been on the rise since the late 1970s, but the economic and financial crisis of 2008 instigated an unemployment epidemic that dramatically compounded this problem in the United States and catapulted the issue to the center of debate. There is wide agreement across the political spectrum that high inequality is contributing to undesirable circumstances such as stagnant household income, rising poverty rates, and increased borrowing and debt, though there is much less agreement on remedies. Inequality in America provides a snapshot of the issues posed by the growing concentrations of income, focusing on the United States but drawing on international comparisons to help set the context. The authors examine the economic, technological, and political drivers of inequality and identify worrying trends associated with its rise. They demonstrate how specific factors have exacerbated income inequality, including technological change, international trade, changes in labor market participation, and the increasing role of the financial sector. Their clear and concise exposition makes the issues surrounding income distribution accessible to a wider public. As they write in the conclusion: "We have argued that tackling the worst effects of inequality and re-establishing a measure of equal opportunity requires increased investment in crucial public goods: first, education; second, a more progressive and simplified tax system; and third, increased international cooperation to avoid a race to the bottom. Education, tax, and other such policies are pursued by other highperforming advanced countries and can be shaped for the United States in a way that is fully consistent with an efficient and competitive American economy.
Examines the more dynamic role Asian nations are playing within the G-20 and in multilateral organizations concerned with governance of global economic and financial affairs, brought about by the rapid development of Asian economies in recent decades"--Provided by publisher.
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