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Book part
Publication date: 8 April 2024

Petr Rozmahel and Marek Litzman

This chapter elaborates on the main factors of the adverse macroeconomic development in Czechia and Europe. Currently, i.e. from 2022, Czechia mainly suffers from double-digit…

Abstract

This chapter elaborates on the main factors of the adverse macroeconomic development in Czechia and Europe. Currently, i.e. from 2022, Czechia mainly suffers from double-digit galloping inflation and GDP stagnation. The aim of this chapter is to identify and describe the influence of the main factors from the present and the more distant past on current inflation and approaching stagflation in Czechia. This chapter analyzes an unfavourable mix of demand and supply factors that leave the new banking board of the CNB facing a dilemma, that is, whether to pursue a disinflationary policy of increasing interest rates and thus push the Czech economy closer into recession or to rely on demand-driven economic growth, which will keep unemployment at a low level, but at the same time contribute to inflationary pressures. The new governor of the CNB completely changed the strategy of his predecessor and, despite strong criticism, did not raise interest rates even once. Based on the analysis of inflationary factors, this chapter tries to explain the motives for the Central Bank's new strategy in the fight against inflation, which is the systematic appreciation of the Czech koruna.

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Modeling Economic Growth in Contemporary Czechia
Type: Book
ISBN: 978-1-83753-841-6

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Book part
Publication date: 24 April 2020

Katie Beavan

This chapter takes the form of an open feminist letter, a complaint and a manifesto presented to the Critical Management Studies (CMS) Academy. It is posted with urgency at a time…

Abstract

This chapter takes the form of an open feminist letter, a complaint and a manifesto presented to the Critical Management Studies (CMS) Academy. It is posted with urgency at a time when Patriarchy is resurging across the globe. My complaint is against the misogyny and the moral injury done to all of us and to our participants through our detached, disembodied, non-relation, pseudo-objective, masculine ways of becoming and being CMS scholars. Drawing on the thinking of Hélène Cixous, I offer five gifts as strategies to break with the masculine reckoning and open up our scholarship to féminine multiplicity and generativity: loving not knowing, return to our material bodies, rightsizing theory, knowledge made flesh-to-flesh and women’s writing. I visit, and suggest our scholarship will benefit from visiting, Cixous’s School of the Dead and her School of Dreams. I advocate for social theatre/performative auto/ethnography as a way to effect change in organisations. Finally, I present a manifesto for women’s writing that can help take our scholarship ‘home’ and contribute to the creation of flourishing organisations. This letter is a Call to Arms.

Book part
Publication date: 18 February 2022

Mir Sayed Shah Danish

Because of the consequences of changes in inflation, which affect the behavior of economic agents, the banking system, and the size of investments, high inflation provokes…

Abstract

Because of the consequences of changes in inflation, which affect the behavior of economic agents, the banking system, and the size of investments, high inflation provokes investors to withdraw funds from long-term projects and invest them in the banking sector. This effect reduces potential economic growth. In turn, the low level of inflation, which persists for a sufficient time interval of several years, indicates the stability of the national economy and attracts external and internal investors, contributes to economic growth. Based on this, it can be assumed that the presence of this relationship will be observed when analyzing data from national economies. Therefore, we can distinguish several hypotheses: inflation has a certain relationship with the indicator of financial development (h1); Inflation and financial development have a nonlinear relationship (h2); monetary policy implemented in the state can have a positive impact on the indicators of financial development, which will affect the dynamics of economic growth (h3). For this purpose, a sample was made from five countries: Germany, United States, Canada, China, Japan, and also Russia was selected in addition to them. This group of countries describes different aspects of the financial sector, as well as the level of economic development, so it will allow you to test hypotheses on a sufficient number of examples. The set of macroeconomic indicators of these countries is sufficiently studied, so it was easily amenable to econometric analysis.

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Multidimensional Strategic Outlook on Global Competitive Energy Economics and Finance
Type: Book
ISBN: 978-1-80117-899-0

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Book part
Publication date: 18 October 2011

Stefán Ólafsson

This chapter maps the political economy characteristics of Icelandic society in the post-war period. It shows how the period of statism from the early part of the 20th century…

Abstract

This chapter maps the political economy characteristics of Icelandic society in the post-war period. It shows how the period of statism from the early part of the 20th century, with a strong legacy of protectionism and clientelism, changed up to the present. A major turning point came with a shift towards more liberal mixed economy in 1960, which progressed through the 1980s. That was a period of very high growth rates in an egalitarian society. During the 1990s the political economy became significantly more influenced by neoliberal policies, which can be associated with the buildup of an excessive bubble economy in the 2000s. A new policy emphasis in a new environment of globalized finance, of which Iceland became an active part from 1995, in conjunction with a generally lax attitude of laissez faire in public administration, seems to have made possible rather unusual excesses in speculation and debt accumulation. That eventually led to the dramatic collapse of Iceland's financial system in October 2008. In the wake followed a deep recession. The chapter sets this long-term development into a broad societal context, taking account of political power constellations and changes in politics, the labour market and living conditions.

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The Nordic Varieties of Capitalism
Type: Book
ISBN: 978-0-85724-778-0

Book part
Publication date: 20 January 2022

Sue Beeton

Abstract

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Unravelling Travelling: Uncovering Tourist Emotions through Autoethnography
Type: Book
ISBN: 978-1-80117-180-9

Book part
Publication date: 13 October 2008

Muttukrishna Sarvananthan

The economic effects of ethnic conflict in Sri Lanka are multifarious. A discussion of the economic effects of ethnic conflict could encompass the opportunity cost of the war…

Abstract

The economic effects of ethnic conflict in Sri Lanka are multifarious. A discussion of the economic effects of ethnic conflict could encompass the opportunity cost of the war (i.e., the foregone income due to the war at micro- and macro-levels), the economic impact of the military expenditures (on both sides of the war), financing mechanisms (both national and international) of the rebel movement, and the impact of economic sanctions on rebel territory. It should be noted that the economic effects of ethnic conflict in Sri Lanka is a relatively under-researched area (Arunatilake, Jayasuriya, & Kelegama, 2000; Goonetileke, 1998; Grobar & Gnanaselvam, 1993; Gunatilleke et al., 2001; Kelegama, 1999; O’Sullivan, 1994, 1997, 2001; Rankaduwa & Cooray, 1999; Ravano, 2001; Richardson & de Samarasinghe, 1991; Ross & Samaranayake, 1986; Seabright, 1986).

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Conflict and Peace in South Asia
Type: Book
ISBN: 978-1-84950-534-5

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Book part
Publication date: 13 August 2018

Robert Dew

Abstract

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Customer Experience Innovation
Type: Book
ISBN: 978-1-78754-786-5

Content available
Book part
Publication date: 8 April 2024

Abstract

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Modeling Economic Growth in Contemporary Czechia
Type: Book
ISBN: 978-1-83753-841-6

Book part
Publication date: 10 August 2017

Maja Muhic

In the last two decades, the region of Southeast Europe, Republic of Macedonian included, has been marked by a politics based on the pronounced primacy of the issue of national…

Abstract

In the last two decades, the region of Southeast Europe, Republic of Macedonian included, has been marked by a politics based on the pronounced primacy of the issue of national identity over other socio-political questions. National identity as an issue per se entails material, cultural and academic processes aiming at the construction and fixing of an idea and a sense of a collective. Ample evidence in terms of material culture (the architectural project Skopje 2014) and recorded public discourse supports the claim that the question of national identity determines the course of politics, nationally and internationally.

The main focus of this chapter is to examine the different discourses regarding national identity, and the multicultural and cultural policies, formulated against the backdrop of the conditions set by the EU. Through a discursive analysis of some of the speeches and texts of Macedonian and Albanian political officials, this chapter will trace the various (re)constructions of national identity vis-à-vis Europe and Macedonia’s aspirations for European Union (EU) accession. Additionally, Macedonia’s complicated interethnic relations are analysed through the country’s struggle with the name dispute with Greece and, through what is seen as a lack of loyalty from the Albanian political parties and citizens, which push for the change of the name for a faster EU accession. This further complicates the picture of the Macedonian EU integration and creates a triangulation of discourses: one stemming from the EU requirements, and two more, stemming from the two major ethnic groups and political parties in Macedonia, namely the Macedonian and the Albanian.

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National Identity and Europe in Times of Crisis
Type: Book
ISBN: 978-1-78714-514-6

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Book part
Publication date: 21 October 2019

C. L. Clarke

In this chapter, I offer some insights into what I learned over the course of my inquiry into the living and learning that took place on the edges of community. I highlight the…

Abstract

In this chapter, I offer some insights into what I learned over the course of my inquiry into the living and learning that took place on the edges of community. I highlight the inconclusive nature of narrative inquiry as well as demonstrate my recognition that in any narrative inquiry we exit as we entered, in medias res, in the middle of things. Even though the inquiry ends, we continue to compose stories and to share those stories. Our understanding is only ever partial in the same way the stories we compose are incomplete, unfinished. In seeking a conclusion that is not a conclusion, then, I contend that experiences are complex and the stories we compose about those experiences are also complex. The insights and wonderings that emerged from the analysis of my own experiences as well as the experiences of my participants shaped themselves into the overlapping areas of identity-making, curriculum making, and community. In particular, I explored the stories people composed from the edges of community; those spaces conventionally described by the dominant narrative as marginalized. The participants discussed in this chapter demonstrated how profoundly they were each impacted by their positioning as marginalized. At the same time, their stories had a strong thread of self-definition that was insubordinate to that positioning. In varied ways, the participants refused to be defined by others or as other. Their experiences suggested that those spaces conventionally thought of as peripheral, the edges, were actually the defining features of communities.

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Landscapes, Edges, and Identity-Making
Type: Book
ISBN: 978-1-83867-598-1

Keywords

1 – 10 of 121