Public Affairs, Public Policy and Public Administration Commons^™

Finland: Government Guarantee Fund, Blanket Guarantee, 1992, Anmol Makhija

Journal of Financial Crises

Following a period of rapid financial liberalization and a record credit boom in the 1980s, Finland’s financial system suffered steadily increasing loan losses and falling earnings beginning in 1990. The Finnish Parliament created the Government Guarantee Fund (GGF) in April 1992 to support banks with loans, capital, and guarantees. In a press release issued on August 6, 1992, the government said the GGF would “secure the stable functioning of the banking system under any circumstances [emphasis added]”. Six months later, the Parliament of Finland specifically required the GGF to guarantee that all Finnish banks could meet their commitments. The government …

Denmark: General Guarantee Scheme, 2008, Benjamin Hoffner

Journal of Financial Crises

As foreign credit in Denmark dried up during the summer of 2008, Danish banks became increasingly reliant on short-term borrowing. The government took over the failing Roskilde Bank, the country’s eighth-largest bank, in late August. On October 5, 2008, the government announced a voluntary General Guarantee Scheme to fully insure deposits and other senior liabilities of participating banks. Banks could participate in the scheme by becoming members of the financial sector’s banking consortium, Det Private Beredskab, or in English, the Private Contingency Association (PCA), before October 13, 2008. The General Guarantee Scheme fully insured all depositors and senior unsecured creditors …

Reserve Requirements Survey, June Rhee, Carey K. Mott, Greg Feldberg, Andrew Metrick

Journal of Financial Crises

Banks have a private motive to hold some level of cash and liquid reserves, but the negative externalities of bank runs create a public interest in setting a regulatory level higher than the privately optimal level. We can think of such reserve requirements (RRs) as the original form of liquidity regulation. In this paper, we focus on 14 cases in which central banks adjusted RRs after crises hit, typically to deal with liquidity shortages in the banking system. We observe that RR adjustments have several advantages in a crisis: (1) such changes require little process, and the change for banks …

Blanket Guarantees Survey, Christian M. Mcnamara, Carey K. Mott, Greg Feldberg, Andrew Metrick

Journal of Financial Crises

This paper surveys 10 blanket guarantee (BG) programs across 13 Key Design Decisions. The defining characteristics of these programs in terms of their inclusion in our BG series are (a) that they guaranteed a broader range of liabilities beyond deposit accounts and (b) that the guarantees covered existing liabilities in addition to newly issued ones. Each case represents an effort to eliminate creditors’ incentive to withdraw funding from institutions by guaranteeing that the funding will be paid back even if the institutions are unable to do so themselves. The main themes that emerge are: (a) the inability of blanket guarantees …

The Federal Reserve System: Diversity And Governance, Kaleb Nygaard, Peter Conti-Brown

Journal of Financial Crises

A growing chorus has called on the Federal Reserve System to diversify its ranks at all levels to reflect better the heterogeneity of the United States. So far, most of these efforts speak to the diversity of the Fed’s principals, namely, the members of the Fed’s Board of Governors and the presidents of the 12 Federal Reserve Banks, who together form the Federal Open Market Committee. In this study, we look instead at a vital part of Federal Reserve governance that has so far not received the same sustained attention: the directors of the Federal Reserve Banks, those private citizens …

Study On Pattern And Types Of Technological Innovation Efficiency Of Three Major Urban Agglomerations In China, Dan Cui, Guoping Li

Bulletin of Chinese Academy of Sciences (Chinese Version)

From the perspective of patent industry innovation chain, this paper analyzed the regional differences of the patent technology innovation efficiency and industrial technology innovation efficiency in Beijing-Tianjin-Hebei, the Yangtze River Delta and the Pearl River Delta, as well as the spatial patterns and industrial characteristics of cities with various types of technological innovation efficiency. It is found that there are significant differences in patent and industrial technology innovation efficiency among the three urban agglomerations. The patent technology innovation efficiency in the Pearl River Delta urban agglomeration is relatively high, while that in Beijing-Tianjin-Hebei and Yangtze River Delta urban agglomerations is …

Study On Coordinated Development Of Scientific Research And Technological Innovation In Guangdong-Hong Kong-Macao Greater Bay Area, Yun Wang, Yu Yang, Yi Liu

Bulletin of Chinese Academy of Sciences (Chinese Version)

The development of scientific research in the Guangdong-Hong Kong-Macao Greater Bay Area is unbalanced and inadequate, and its contribution to technological innovation is insufficient to meet the huge demand for industrial innovation in the Greater Bay Area. This paper tries to clarify the coordination relationship between scientific research and industrial innovation in the Guangdong-Hong Kong-Macao Greater Bay Area since 1997 by constructing the scientific research-industrial innovation coordination data sets, correlation index and relative development index for ten industries in the area. This paper analyzes the evolution and interaction rules of scientific research and industrial innovation in the Guangdong-Hong Kong-Macao Greater …

Research On Evolution Of Yellow River Basin Innovation Network And Cultivation Of Zhengzhou-Luoyang-Xi’An Innovation Corridor, Dandan Li, Haitao Ma, Changhong Miao

Bulletin of Chinese Academy of Sciences (Chinese Version)

Constructing innovation networks and cultivating innovation corridors are important to realize regional innovation development. Based on the data of patent transfer from 1987 to 2018, this paper analyzes the spatial-temporal evolution of technology transfer network at different scales in the Yellow River Basin, and proposes the cultivation path of Zhengzhou-Luoyang-Xi’an innovation corridor. Firstly, it is found that a majority of technology transfer within the basin is switching from inter-provincial transfer to intra-provincial transfer, with provincial capitals being the main source of technology. Xi’an is the primary source of technology transfer network, and cities, such as Zhengzhou, Qingdao, and Jinan, are …

Study On Innovation Networks And Its Spillover Effect Of China’S New Energy Automobile Industry, Zhifei Xiong, Wenzhong Zhang

Bulletin of Chinese Academy of Sciences (Chinese Version)

The network spillover effect of knowledge has been playing an increasingly significant role in the development of industrial innovation. The urban cooperation matrix of China’s new energy automobile industry is built based on new energy automobile patent data, and the structure and evolution process of China’s new energy automobile industry are depicted. On this basis, the spatial Dubin model (SDM) is used to calculate the network spillover effect, and its results are compared with the results of spillover effect based on the relationship of spatial contiguity and distance of cities. The results show that the innovation activities of China’s new …

Digitalization Of National Industrial Clusters In China: Estimation From Online Industrial Belts, Zuoquan Zhao, Yichang Dai, Qiuci Fan, Shuyan Ma

Bulletin of Chinese Academy of Sciences (Chinese Version)

Digitalized industrial cluster is the new development trend of China’s digital economy. This study estimates the extent of digitalization of national industrial clusters in China, by using spatial statistics, visualization techniques, and cluster-belt matching, with data on clusters promoted by the National Development and Reform Commission, Ministry of Industry and Informalization Technology, and Ministry of Science and Technology, and on-line industrial belts (2021) developed by Alibaba Group. The estimation finds that both the national clusters and on-line industrial belts co-existed in 72 cities, which account for 91.1 percent of the cities with national clusters; 134 or 84.3 percent of the …

Ecological Green Integration In Yangtze River Delta From Perspective Of Intercity Green Technology Transfer, Debin Du, Hong Jin, Dezhong Duan

Bulletin of Chinese Academy of Sciences (Chinese Version)

Green technology innovation is the core driving force for the high-quality development of regional integration in the Yangtze River Delta, and the free flow of innovative elements represented by green technology across cities is the due meaning of the construction of ecological green integration in the Yangtze River Delta. Based on the inter-city green patent transfer data from 2001 to 2020, this study analyzed the characteristics of the spatial evolution of green technology diffusion in the Yangtze River Delta, and discussed the development degree of ecological green integration in the area from the three levels of overall development, green technology …

Manufactured Homes In Nevada Counties, Joshua Padilla, Annie Vong, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet presents data on the share of manufactured homes in each of Nevada’s 17 counties, as reported in the June 2022 The Daily Yonder article, “With Housing Shortage Still Ongoing, Manufactured Homes are Gaining Ground,” by Kristi Eaton. The original report includes data made available by the Housing Assistance Council (HAC) for each county in the United States from 2009 and 2018.

Unwilling Gamblers And Loaded Dice: Considering Recession And Crisis As A Natural Effect Of Financial Capitalism, Darlene N. Moorman

The Downtown Review: An Interdisciplinary Journal Written and Peer-Reviewed by Mandel Honors College Students at Cleveland State University

Under financial capitalism, ordinary people are increasingly becoming 'unwilling gamblers' of a risky and unstable system. This paper explores the social and institutional change behind the neoliberal movement and considers how the politics and policies of neoliberalism have contributed to a certain environment of financial instability. Looking at the changing nature of the economy, the rapid expansion of the financial sector, and the persisting issue of moral hazard underlying risky and speculative behaviors among other items, reveals a financial system in which recessions and crises can be considered a natural, although not inevitable, effect.

Southeast Asia & The Hidden Green Revolution: A Study On Foreign Direct Investment In Eco-Investments In Asean, Ravi Chailertborisuth

Undergraduate Honors Theses

This paper aims to find: To what extent foreign direct investment is fueling the renewable energy transition in ASEAN. The year 1966 saw the founding of ASEAN, the Association for Southeast Asian Nations. The five founding member nations were: Indonesia, Malaysia, Philippines, Singapore, and Thailand. Over time, this group of nations grew to include nations such as: Laos, Cambodia, Vietnam, Brunei, and Myanmar. The IGO (inter-governmental organization) aims to foster “economic, social, cultural, technical, educational and other fields” (ASEAN). The IGO is successful, allowing capital to flow cross-borders with more ease, and encourage economic corporation across all nations. Since …

The American Space Industry: A History Of Innovation And An Analysis Of Future Policy, Miles J. Pollard

Pepperdine Policy Review

This paper articulates the evolution of US space policy by collating the history of space program developments alongside the international treaties responsible for safe space exploration. As the US shifts from NASA-led ventures to private ventures, the treaties developed both during and after the space race are coming under scrutiny. Private US companies such as Virgin Galactic, Blue Origin, and Space X are investing in the future realms of space tourism, settlements, and mining that will hopefully provide untold profits for all of mankind. However, there exists the danger of a Kessler Syndrome event blocking access to Earth’s orbits if …

Handwringing Over How To Slice The Pie When Ustr Should Be Focused On Growing It, Christine Mcdaniel

Yeutter Institute International Trade Policy Review

The U.S. International Trade Commission (ITC) recently released its report on the distributional effects of trade and trade policy on U.S. workers and “underrepresented and underserved communities.” The report catalogs a host of information gathered from a literature review and several roundtables on the adverse effects of U.S. manufacturing imports. But the report’s laser focus on manufacturing imports leaves a huge gap for readers interested in the distributional effects of trade.

Manufacturing imports are an important part of trade, but they aren’t all of trade. Trade is imports and exports, goods and services, inputs and final goods. Trade is manufacturing, …

“It’S Getting Hot In Here”: Climate Change And Tensions Surrounding Environmental Injustice For Minority And Low-Income Communities, Symone Gaskin

Symposium of Student Scholars

Our current climate crisis presents the perfect opportunity to address other social ills that reflect environmental injustice. The purpose of this research was to explore if, when, and how climate change disproportionately impacts minority communities. A thematic analysis was developed through the creation of a literature review matrix comprised of twenty academic and practitioner articles. This thematic analysis uncovered four key themes: implications in the workplace, the housing market, the economy, and the standard of health. Consequently, confirming the disenfranchisement of marginalized groups in relation to the environment, this research uncovered the long-lasting effects of systemic racism as an important …

Abduction Threat Surviving Skills In Basic School Education Curriculum In Nigeria: Teachers' Views, Eke Ogbu Eke, Ibebuike Ursla Obiageri, Ngozi Enwereuzoh, Ijeoma Ubochi

Young African Leaders Journal of Development

This descriptive survey was on abduction threat surviving skills in basic school education curriculum in Nigeria: teachers' views. The purpose of the descriptive survey was to determine Lower and Middle Basic School teachers' views on infusing abduction threat surviving skills in Basic school curriculum for schoolchildren safety in school environment. The population comprises 209 public school primary teachers in Umuahia North L.G.A. of Abia State. The simple random sampling technique with non-replacement technique was used to select the sample of 143 primary school teachers (41 male and 102 female teachers). Researchers' made attitude questionnaire titled” Basic School Teachers Questionnaire on …

Impact Of The Russo-Ukraine War African Students And Families: Community-Based Approach To Humanitarian Mutual Aid, Macire Aribot, Nassim Ashford

Young African Leaders Journal of Development

Africans and African-descent refugees from Ukraine have faced racism and discrimination since the onset of the Russian-Ukraine war. When seeking refuge in neighboring countries, African people experienced differences in treatment when crossing the borders of European countries. Historically, European countries have enforced strict anti-immigration policies to deter Black and Brown people of color from migrating to their countries. This paper explores racism and discrimination experienced by African and African-descent refugees fleeing Ukraine and the inequity in the global humanitarian response for Africans and other people of color affected by the Russia-Ukraine war. As a result, this paper will highlight community-based, …

Front Matter, Yaljod 4.1, Sombo Muzata

Young African Leaders Journal of Development

Includes: Forewords from Amb. Dr. Salah Siddig Hammad (Head, African Governance Architecture, African Union Commission), Vasu Gounden (Executive Director, ACCORD South Africa), and Asha T. Rodney (Board Vice Chair, Walter Rodney Foundation);Preface from Prince Ifoh (Founder, YALF); and Acknowledgements.

Harnessing The Youth Bulge For Transformative Leadership, Transparency And Accountability In Africa: The Case Of Mozambique And Zimbabwe, Tendaishe Tlou

Young African Leaders Journal of Development

In every part of the globe, the 21st century has seen an increase in the youth bulge accompanied by a surge in youths' involvement in various issues. Youth alone now constitute more than 65% (both male and female) of Africa's population becoming impossible to leave youths behind in any processes. Perhaps in the new millennium, the Arab Springs in North Africa and the #feesmustfall South African protests changed the course of history and discourse around leadership issues in Africa. Historically, challenges and opportunities confronting youths in Africa are traditional. Hierarchy (both political and social) always defines the leadership criteria. Historically, …

Natural Disasters In Africa; Impacts On Sustainable Development, Shawgei Salah Ahmed Ismaeil

Young African Leaders Journal of Development

Environmental disasters in the world are among the leading causes of death in the recent past, and the African continent is no exception: drought, desertification, floods, landslides, hurricanes and earthquakes are prevalent. This paper draws attention to the deadly effects of natural disasters on Africa’s development, using the Star Analysis System in terms of presenting the overall situation in the five regions of the African continent, and identifying the significant threatening and constraining cost of development by showing that the large amounts lost could have been used to achieve sustainable development compared with the areas of sustainable development goals effected …

Information And Communication Technologies And Employment In The Services Sector: The Case Of The Economic Community Of West African States, Kossi Naita Edem, Kokou Dzifa

Young African Leaders Journal of Development

The rise of information and communication technologies is a channel for job creation in the ECOWAS services sector because they make work more efficient and are a source of innovation. In this article, we analyse the impact of information and communication technologies on employment in the services sector in ECOWAS. In contrast to their ambiguous impact on employment in countries with a fairly high ICT penetration rate, we rather expect the internet to have a potentially positive impact on employment in the service sub-sectors of education, health, distribution, transport & communication and finance & insurance. Furthermore, most of the control …

Yaljod Full Issue 4.1, Sombo Muzata

Young African Leaders Journal of Development

The Young African Leaders Journal of Development (YALJOD) is a biennial journal and an official publication of the Young African Leaders Forum (YALF). It was established in 2015 to host scholarly analysis and competing viewpoints about the development of Africa; and it’s multidisciplinary approach makes it more formidable. YALJOD accepts papers from varied disciplinary areas — including Social Sciences, Physical Sciences and Humanities — that show direct relevance to the development of Africa. It publishes researches understood as the social, economic, political, cultural and technological processes of change in Africa. The intended audience of the journal remains the entire African …

Global Adverse Effects Of Scientific Prescribed Medications: Covid-19 Vaccines, Albert Mcbell Ninepence

Young African Leaders Journal of Development

The impact of scientific prescribed medications are tremendous and cannot be overemphasized. Irrespective of scientific prescribed medications impacts, in recent epoch it has attracted some criticisms on its efficacy. Prescribed medications are medications from scientific treatments or cure which is the widely accepted approach to curing or treating illnesses and diseases. On the other hand, traditional prescribed medications which are non-scientific tend to be less utilized, ignored and extremely criticized by pure scientists. The criticisms surrounding scientific prescribed medications escalated during the era of COVID-19. While some people resorted to the use of scientific prescribed medications of COVID-19 vaccines to …

The Implication Of Corruption On Sustainable Development In Africa: (Using Nigeria As A Case Study), Ezeifekwuaba Tochukwu Benedict

Young African Leaders Journal of Development

The scenario of the rise of corruption in Africa particularly in Nigeria is so much a problem. It cuts across the various Private Sectors including different tiers of government. This research paper applied collected secondary data from library materials, government publications, journals, the internet and daily newspapers. The kernel of the research paper is on the facts that corrupt practices among the class of political leadership have led to the undermining of the stability and growth of the country's economy. Also, it is discovered that corruption maximizes the poverty level that triggers criminal exercises in the Nation. The paper suggests …

Nation-Building And Africa's Development: A Historical And Philosophical Analysis, Adewale Onagbesan

Young African Leaders Journal of Development

From the 1960s onwards until recent time, a number of African States across the various regions have been faced with differing challenges that confront either stability, sovereignty, and in some cases, their permanent existence as evident during the period 1960-70 which was widely referred to as the decade of optimism, and the period 1970-80 which was clearly referred to as the decade of pessimism due to the number of events that manifested. Clearly in the light of this, Nation-Building in Africa has experienced chequered fortune in the past half a century of independence, up to present times, and the challenge …

Teachers Productivity In Nigerian Primary Schools: A Critical Analysis In The 21st Century, Ugochukwu Mercy Prince-Ifoh

Young African Leaders Journal of Development

Teacher productivity is a nagging issue in education. The teacher – as the most important factor in the business of teaching and learning – shapes the direction and influences, to a great extent, other educational inputs to achieve the stated goals of the education industry. All over the globe today, we have continued to see National Development being intricately tied to educational development – and the teacher is the critical element. Many countries of the world have realised this critical role of teachers in the educational process, and have started investing hugely on the teacher and fine-tuning his/her skills and …

Black Minds Matter: Exploring The Double Trauma Of Anti-Blackness And War On The Psycho-Political Well-Being Of African And African-Descent Refugees From Ukraine, Macire Aribot, Nassim Ashford, Korea S. Badio

Young African Leaders Journal of Development

Amid the horror of the Russia-Ukraine war, Black refugees from Ukraine have suffered multiple traumas: The trauma of war and the trauma of anti-blackness. The world caught a glimpse of this via social media and news reports that African people were physically blocked from boarding trains and buses by Ukrainian officials, as well as neighboring countries denied entry to people who were not “Ukrainian.” These double traumas have undoubtedly placed Black refugees in Ukraine among the most vulnerable group of people in this humanitarian crisis. However, despite the psycho-political suffering Black refugees have experienced during the Russia-Ukraine war, their voices, …

Performance Management And Contracting Out To Support Public Health Objectives : Evidence From U.S. Local Health Departments, Philip Gigliotti

Legacy Theses & Dissertations (2009 - 2024)

Contracting out and performance management have been universally adopted in public sector organizations, based on theoretical arguments that they would improve the efficiency and quality of public services. However, this broad adoption was carried out despite minimal empirical evidence that these interventions improve public service outcomes in practice. Traditionally, few studies have attempted to quantitatively link performance management and contracting out interventions to improvements in organizational performance and public service quality. A growing literature has investigated this relationship with inconclusive results, suggesting these interventions do not have a clear ability to improve organizational performance. This dissertation examines these relationships in …