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The Cuban embargo is often cited abroad as a prime example of a U.S. unilateral economic sanctions program that has clearly failed to achieve its stated aims, and is now maintained purely for domestic political purposes. Since the tragic events of 9/11, the world has changed. The tools that once...
Persistent link: https://www.econbiz.de/10014055244
The concept of racial capitalism has been embraced by scholars and activists as a means of exploring the common roots of contemporary social and ecological crises. These include unprecedented environmental degradation, extreme economic inequality, the resurgence of authoritarian...
Persistent link: https://www.econbiz.de/10014362435
10.2 trillion dollars have been lost in the US alone in the past two years. 45% of world’s wealth has been destroyed and three of the largest bankruptcies in the US have occurred in the past year. Just as the majority of observers thought lessons from Enron had been learned, crisis has struck...
Persistent link: https://www.econbiz.de/10014045525
This thought piece identifies three crises facing international law on climate change-normative, economic, and legitimacy crises. It briefly explains each crisis and argues that states should be guided by their moral compass in addressing climate change
Persistent link: https://www.econbiz.de/10014167648
This Article uses a rational choice analysis to simplify the increasingly complex area of international financial regulation. It proceeds by identifying four “interdependence problems” relating to harmonization of financial standards, capital requirements, bank resolution procedures, and an...
Persistent link: https://www.econbiz.de/10013029921
The trigger for this article was the crisis caused by the collapse of an investment product arranged by Lehman Brothers Asia Limited and marketed in Hong Kong under the name ‘Minibonds'. As outlined in Part III below, this product proved popular among retail investors, many of whom incurred...
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