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Articles 1 - 16 of 16

Full-Text Articles in Social and Behavioral Sciences

Never Enough: Eu Military Spending Challenges In The Face Of Open Conflict, Katherine Wallentine Jul 2023

Never Enough: Eu Military Spending Challenges In The Face Of Open Conflict, Katherine Wallentine

The Journal of International Relations, Peace Studies, and Development

The Russian invasion of Ukraine in February 2022 sent a jolt of tension and anxiety throughout the European Union, as well as the rest of the world. Lawmakers and strategists scrambled to find a suitable response in the immediate aftermath and now, a year later, the conversation continues as to what the best course of action is for the EU. Should it amplify and radically increase its supranational defense budget and if so, how should it accomplish this monumental task? How much of it should fall on the Member States to meet the two percent threshold as laid out by …


Russia: Lombard And Overnight Loans, 1998, Benjamin Hoffner Jul 2022

Russia: Lombard And Overnight Loans, 1998, Benjamin Hoffner

Journal of Financial Crises

On August 17, 1998, following a wave of speculative attacks on domestic ruble assets, the Russian government announced a default on its ruble debt maturing before the end of 1999, and the Central Bank of Russia (CBR) declared a devaluation of the ruble by widening the fixed exchange rate band. The announcements left Russian banks without their main source of collateral—government treasuries—to obtain funds from the CBR’s liquidity facilities. Russia’s payment system and interbank market froze as banks hoarded liquidity and, in some cases, restricted withdrawals in response to depositor runs. To restore liquidity to commercial banks and unfreeze the …


Russia: Central Bank Bonds, 1998, Benjamin Hoffner Jul 2022

Russia: Central Bank Bonds, 1998, Benjamin Hoffner

Journal of Financial Crises

Russian financial markets came to a halt on August 17, 1998, after the Russian government and Central Bank of Russia (CBR) issued a joint statement announcing a ruble devaluation and the suspension of payment on ruble-denominated government treasury bonds maturing before 2000—commonly referred to as “GKO-OFZ” bonds. In September, without a functioning treasury market and with many domestic banks unable to make payments, the CBR began issuing its own short-term, zero-coupon bonds (OBRs) as an alternative financing instrument to provide liquidity in the Russian banking system. OBRs held maximum maturities of three months and the CBR set an upper limit …


Russia: Deposit Insurance Agency (2008–2009), Ezekiel Vergara Jul 2022

Russia: Deposit Insurance Agency (2008–2009), Ezekiel Vergara

Journal of Financial Crises

Russian authorities responded to the Global Financial Crisis (GFC) in September and October 2008 with various measures to provide liquidity to the banking sector and restore market confidence. Among these, on October 13, 2008, Russia amended its deposit insurance system. This amendment increased the deposit insurance cap from RUB 400,000 to RUB 700,000 (about USD 15,000 to USD 26,000) and abolished co-insurance, increasing the guarantee’s full coverage of deposits from 90% to 100%. The Deposit Insurance Agency (DIA) administered the deposit insurance system. It covered all household deposit accounts and was mandatory for all banks operating in Russia. Banks were …


Opportunity Calls: The Moral Economy During Existential Economic Transition In The Ural Mountains And Appalachia, 1991 - 2008, Nora Springer May 2022

Opportunity Calls: The Moral Economy During Existential Economic Transition In The Ural Mountains And Appalachia, 1991 - 2008, Nora Springer

Of Life and History

It is often assumed that economists and businessmen act outside of moral constraints, even in times of existential economic crisis. The econometrics of Chubais and Gaidar, as well as the accounting of Deloitte, have all been used to characterize engineers of transition as cold, academic, and removed from reality. However, in both Appalachia and the Urals, mathematics about what will make a profit is inextricable from moral questions of what should make a profit. The goals of economic transition, and ideology about what economic transition should mean, were baked into the calculations of both transitions. Further, the data used to …


Book Reviews, Usawc Press Nov 2021

Book Reviews, Usawc Press

The US Army War College Quarterly: Parameters

No abstract provided.


Russian Bank Capital Support Program, Sean Fulmer Nov 2021

Russian Bank Capital Support Program, Sean Fulmer

Journal of Financial Crises

At the start of 2014, the Russian Federation had experienced several years of decelerating growth rates as a result of weak investment, poor governance, and failed structural reforms. During 2014, the dual shocks of rapidly declining oil prices and increasingly stringent international sanctions led to significant financial instability, as Russian firms lost access to international markets and net capital outflows accelerated. As part of the response to this crisis, the Russian government unveiled a RUB 1 trillion (US $17.2 billion) bank capital support program, which it later revised down to RUB 838 billion. The program, operated by the Deposit Insurance …


Reversing The Readiness Assumption: A Proposal For Fiscal And Military Effectiveness, Jason W. Warren, John A. Bonin Aug 2021

Reversing The Readiness Assumption: A Proposal For Fiscal And Military Effectiveness, Jason W. Warren, John A. Bonin

The US Army War College Quarterly: Parameters

Looming budget cuts will necessitate adept management to retain a military capable of competing and winning by avoiding the mistakes made in prior drawdowns. This article presents a framework for government and defense leaders to prepare for the coming drawdown and plan for the necessary capacity of tomorrow across the diplomatic, information, military, and economic framework.


The Evolution Of Hybrid Warfare: Implications For Strategy And The Military Profession, Ilmari Käihkö Aug 2021

The Evolution Of Hybrid Warfare: Implications For Strategy And The Military Profession, Ilmari Käihkö

The US Army War College Quarterly: Parameters

The concept of hybrid war has evolved from operational-level use of military means and methods in war toward strategic-level use of nonmilitary means in a gray zone below the threshold of war. This article considers this evolution and its implications for strategy and the military profession by contrasting past and current use of the hybrid war concept and raising critical questions for policy and military practitioners.


Collective Narcissism, Anti-Globalism, Brexit, Trump, And The Chinese Juggernaut, Russell Belk Dec 2017

Collective Narcissism, Anti-Globalism, Brexit, Trump, And The Chinese Juggernaut, Russell Belk

Markets, Globalization & Development Review

Brexit and the election of Trump both relied on a particular type of nationalistic appeal to collective narcissism — an exaggerated emotional belief that the nation’s greatness is being undermined by other nations and other people. This tendency is catered to by appeals to make the nation great again by shutting borders and embracing isolationism while scapegoating refugees and immigrants. The rise of jingoistic leaders like Trump, Putin, and Erdogan can be explained by such appeals. But China, which has long suffered feelings of national humiliation is reacting in quite different ways that embrace globalism, even while rejecting multiculturalism. This …


Eu's Common Foreign Policies Towards Russia: Past, Present And Future, Yigit Canay Feb 2012

Eu's Common Foreign Policies Towards Russia: Past, Present And Future, Yigit Canay

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.


Fueling The Superpowers: Russia As A Player In World Energy, Theresa Sabonis-Helf Jul 2007

Fueling The Superpowers: Russia As A Player In World Energy, Theresa Sabonis-Helf

New England Journal of Public Policy

This article by Theresa Sabonis-Helf is taken from the proceedings of the EPIIC Symposium at Tufts University, February 2005


Employment And Wage Effects Of Privatization: Evidence From Transition Economies, John S. Earle Jan 2006

Employment And Wage Effects Of Privatization: Evidence From Transition Economies, John S. Earle

Employment Research Newsletter

No abstract provided.


Evaluating Labor Market Performance: Employment Reallocation And Productivity Growth In Russia, John S. Earle Jul 2002

Evaluating Labor Market Performance: Employment Reallocation And Productivity Growth In Russia, John S. Earle

Employment Research Newsletter

No abstract provided.


The Mind-Body Problem: A Tuberculosis/Tobacco Example, Ibpp Editor May 2001

The Mind-Body Problem: A Tuberculosis/Tobacco Example, Ibpp Editor

International Bulletin of Political Psychology

This article illustrates two conflicts between what is, perhaps, best for the mind and best for the body.


Sanctimony On Sanctions: What The United States And Russia Have In Common, Ibpp Editor Dec 2000

Sanctimony On Sanctions: What The United States And Russia Have In Common, Ibpp Editor

International Bulletin of Political Psychology

This article describes political psychological issues related to consequences stemming from political sanctions.