Paper Economic Geography State capitalism in Europe Sam Bakker BA10 Economic Geography 19-2-2013 Introduction In the recent history and the current global financial crisis governments have nationalised banks in the Western world. They did this because the banks had too many debts and if the banks would go bankrupt it would create social unrest‚ political instability and economic problems because people will lose confidence in the monetary system. In other
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theories on states recognition which are; the declarative theory and the constitutive theory. These theories shall be applied on the criteria for state; which is provided by the Montevideo Convention of 1993. Furthermore‚ we shall critically analyse the ineffectiveness of international law from the outcomes of this case study. Sovereignty and statehood Taiwan has existed independently since Japan’s legal withdrawal from the territory‚ the question is whether we should call it sovereign and recognise
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concept of State sovereignty‚ the international community does in fact continue to depend on it. The Marxist doctrine once predicted the fate of the concept‚ but developing countries‚ while adopting Marxist teachings in their criticism of the traditional international legal institutions‚ have tended to reinforce their sense of sovereignty in their dealings with the established international order. International law has developed through increased co-operation among sovereign States in recent years
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Has Globalization reinforced or undermined the legitimacy of the nation-state? Globalisation is a phenomenon that has been increasingly used in the lexicon since the latter half of the 1980’s‚ achieving widespread and common currency amongst politicians‚ political analysts‚ academics‚ economists‚ the media‚ business‚ trade and finance. The term has become synonymous with the “global village” concept‚ where nations and states are drawn closer together; where economic‚ political and cultural spheres
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Moi University COLLEGE OF HEALTH SCIENCES IRD 200: DISCUSSION ON THE ROLE OF THE STATE IN ENSURING DEVELOPMENT IN A COUNTRY Submitted By: FRED WAICHERE M. FEBRUARY 2013 INTRODUCTION A state may be simply defined as a nation or territory considered as an organized political community under one government. Claude Ake (1992) defines a state as: The organized aggregate of relatively permanent institutions of governance. It is seen as a set of associations and agencies claiming control
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Murray Rothbard’s article‚ “The Anatomy of the State”‚ provides many theories about how our States rule and wield their power. He believes the States don’t represent the people because most of our actions are involuntary. One example he provides is the treatment of Jews during the Holocaust. Rothbard states that if the people represent the government‚ then the Jews chose to commit suicide. He believes that the State obtains its revenue through coercion and compulsion. Another belief Rothbard presents
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Establish a Sovereign Wealth Fund? New Delhi will soon take a final call on the issue of setting up of a sovereign wealth fund (SWF). The idea of setting up an Indian SWF has been going around since 2007 when China established its major sovereign wealth fund‚ China Investment Corporation (CIC)‚ with an initial capital fund of $200 billion. However‚ this time the proposal has received strong support from India’s corporate leaders who recently suggested the establishment of a state-owned SWF
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THE STATE AND STATE-BUILDING Bob Jessop The state has been studied from many perspectives but no single theory can fully capture and explain its complexities. States and the interstate system provide a moving target because of their complex developmental logics and because there are continuing attempts to transform them. Moreover‚ despite tendencies to reify the state and treat it as standing outside and above society‚ there can be no adequate theory of the state without a wider theory of society
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advantages and disadvantages of State Control of Industry. Certain industries are under state control in many countries. It plays an indispensible role for economic development of nations. The term state control means to govern industry in order to develop the economy and to provide better services and facilities for the public. In other words‚ state control refers to the industry owned by the state or government for national welfares rather than profit. Research has shown state control of industry as
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current form of globalization in relation to the Westphalia state system. The central objective of the paper is to investigate the challenges which the process of globalization poses to the existence of nation-states. Many states are also concerned about the effects of globalization on their own sovereign authority. If states embrace globalization‚ the capacity of the state leaders to heartlessly coerce with their citizens well be diminished. States exist on a basis of sovereignty and are almost by definition
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