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Economic Liberalization
Economic liberalization (or economic liberalisation) is the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities. In politics, the doctrine is associated with classical liberalism and neoliberalism. Liberalization in short is "the removal of controls" to encourage economic development. Many countries have pursued and followed the path of economic liberalization in the 1980s, 1990s and in the 21st century, with the stated goal of maintaining or increasing their competitiveness as business environments. Liberalization policies may or often include the partial or complete privatization of government institutions and state-owned assets, greater labour market flexibility, lower tax rates for businesses, less restrictions on both domestic and foreign capital, open markets, etc. In support of liberalization, former British prime minister Tony Blair wrote that: "Success will go to those companies and countries whic ...
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Classical Liberalism
Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics; civil liberties under the rule of law with especial emphasis on individual autonomy, limited government, economic freedom, political freedom and freedom of speech. It gained full flowering in the early 18th century, building on ideas stemming at least as far back as the 13th century within the Iberian, Anglo-Saxon, and central European contexts and was foundational to the American Revolution and "American Project" more broadly. Notable liberal individuals whose ideas contributed to classical liberalism include John Locke,Steven M. Dworetz (1994). ''The Unvarnished Doctrine: Locke, Liberalism, and the American Revolution''. Jean-Baptiste Say, Thomas Malthus, and David Ricardo. It drew on classical economics, especially the economic ideas as espoused by Adam Smith in Book One of '' The Wealth of Nations'' and on a belief in natural law, ...
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Charter Change
A constitutional amendment is a modification of the constitution of a polity, organization or other type of entity. Amendments are often interwoven into the relevant sections of an existing constitution, directly altering the text. Conversely, they can be appended to the constitution as supplemental additions (codicils), thus changing the frame of government without altering the existing text of the document. Most constitutions require that amendments cannot be enacted unless they have passed a special procedure that is more stringent than that required of ordinary legislation. Examples of such special procedures include supermajorities in the legislature, or direct approval by the electorate in a referendum, or even a combination of two or more different special procedures. A referendum to amend the constitution may also be triggered in some jurisdictions by popular initiative. Australia and Ireland provide examples of constitutions requiring that all amendments are f ...
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Environmental Degradation
Environmental degradation is the deterioration of the environment through depletion of resources such as quality of air, water and soil; the destruction of ecosystems; habitat destruction; the extinction of wildlife; and pollution. It is defined as any change or disturbance to the environment perceived to be deleterious or undesirable. Environmental concerns can be defined as the negative effects of any human activity on the environment. The biological as well as the physical features of the environment are included. Some of the primary environmental challenges that are causing great worry are air pollution, water pollution, natural environment pollution, rubbish pollution, and so o Environmental degradation is one of the ten threats officially cautioned by the High-level Panel on Threats, Challenges and Change, high-level PaneI on Threats, Challenges and Change of the United Nations. The United Nations International Strategy for Disaster Reduction defines environmental degra ...
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Financial Contagion
Financial contagion refers to "the spread of market disturbances mostly on the downside from one country to the other, a process observed through co-movements in exchange rates, stock prices, sovereign spreads, and capital flows". Financial contagion can be a potential risk for countries who are trying to integrate their financial system with international financial markets and institutions. It helps explain an economic crisis extending across neighboring countries, or even regions. Financial contagion happens at both the international level and the domestic level. At the domestic level, usually the failure of a domestic bank or financial intermediary triggers transmission when it defaults on interbank liabilities and sells assets in a fire sale, thereby undermining confidence in similar banks. An example of this phenomenon is the subsequent turmoil in the United States financial markets. International financial contagion, which happens in both advanced economies and developin ...
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Trouillot
Trouillot is a French surname. It may refer to: *Ertha Pascal-Trouillot (born 1943), provisional President of Haiti in 1990–91. * Evelyne Trouillot (born 1954), Haitian novelist * Georges Trouillot (1851–1916), French politician *Henock Trouillot (1923–88), Haitian historian, playwright, and novelist *Jocelyne Trouillot (born 1948), Haitian writer and educator *Lyonel Trouillot (born 1956), Haitian novelist and poet *Michel-Rolph Trouillot Michel-Rolph Trouillot (November 26, 1949 – July 5, 2012; PhD, Johns Hopkins 1985) was a Haitian American academic and anthropologist. He was Professor of Anthropology and of Social Sciences at the University of Chicago. He was best known for ... (1949-2012), Haitian academic and anthropologist * Mildred Trouillot (born 1963), American lawyer and wife of Jean-Bertrand Aristide, former President of Haïti {{surname ...
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Foreign Direct Investment
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ...
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Overseas Development Institute
ODI (formerly the 'Overseas Development Institute') is a global affairs think tank, founded in 1960. Its mission is "to inspire people to act on injustice and inequality through collaborative research and ideas that matter for people and the planet." It does this through "research, convening and influencing, to lead new thinking and future agendas to deliver transformational change." Its Chair is Suma Chakrabarti. History In 1960 ODI began in small premises in Regent's Park, central London and operated a library devoted to international development issues as well as performing consultancy work and contracts with the Department for International Development (then known as the Overseas Development Agency) of the UK government. Since then it has moved several times and is on Blackfriars Road. Since 2004 it has had a Partnership Programme Arrangement with the Foreign, Commonwealth and Development Office. The institute also developed a strong focus on communications and 'bridgi ...
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Discursive Dominance
Discursive dominance or discursive power is the ultimate emergence of one discourse as dominant among competing ones in their struggle for dominance. Ultimately, one of the discourses emerges as dominant. The word ‘discursive’ is related to the word discourse, which refers to "communication of ideas". In a society there are competing discourses (or narratives) regarding anything and everything such as feminism, racism, casteism, communalism, regionalism, economic development, democracy, governance, etc. According to Chanchal Kumar Sharma (2011, 169) 'A dominant discourse is a winning discursive formation. A complete consensus is not necessary, though. It is the one that survives the widest range of criticisms in various forums and media.' References Further reading * * * See also * Cultural hegemony In Marxist philosophy, cultural hegemony is the dominance of a culturally diverse society by the ruling class who manipulate the culture of that society—the b ...
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United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (Middle East, The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the List of cities in the United Arab Emirates, most populous city, is an international hub. The United Arab Emirates is an Elective monarchy#United Arab Emirates, elective monarchy formed from a Federal monarchy, federation of Emirates of the United Arab Emirates, seven emirates, consisting of Emirate of Abu Dhabi, Abu Dhabi (the capital), Emirate of Ajman, Ajman, Emirate of Dubai, Dubai, Emirate of Fujairah, Fujairah, Emirate of Ras Al Khaimah, Ras Al Khaimah, Emirate of Sharjah, Sharjah and Emirate of Umm Al Quwain, Umm Al ...
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Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the Arab world, and the largest in Western Asia and the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off the east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. Its capital and largest city is Riyadh. The country is home to Mecca and Medina, the two holiest cities in Islam. Pre-Islamic Arabia, the territory that constitutes modern-day Saudi Arabia, ...
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Dandong
Dandong (), formerly known as Andong, is a coastal prefecture-level city in southeastern Liaoning province, in the northeastern region of People's Republic of China. It is the largest Chinese border city, facing Sinuiju, North Korea across the Yalu River, which demarcates the Sino-North Korean border. To the southwest of the city, the river flows into Korea Bay. Dandong has therefore had a dynamic history because of its strategic location for the northeast's rich natural resources and because of its convenient access to the ocean. It is designated as a major export production centre for the province, and is a port city connected by rail with Shenyang and Sinuiju. A significant amount of trade with North Korea flows through the city. Kanto, Dick K. and Mark E. Manyin. ''China-North Korea Relations''. DIANE Publishing. December 28, 2010.10 Retrieved from Google Books on October 23, 2012. , 9781437985115. The size of the administrative city (prefecture) is . As of the 20 ...
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