Search results for ""Sovereign""

How does cooperation emerge in a condition of international anarchy? Michael Tomz sheds new light on this fundamental question through a study of international debt across three centuries. Tomz develops a reputational theory of cooperation between sovereign governments and foreign investors. He explains how governments acquire reputations in the eyes of investors, and argues that concerns about reputation sustain international lending and repayment. Tomz's theory generates novel predictions about the dynamics of cooperation: how investors treat first-time borrowers, how access to credit evolves as debtors become more seasoned, and how countries ascend and descend the reputational ladder by acting contrary to investors' expectations. Tomz systematically tests his theory and the leading alternatives across three centuries of financial history. His remarkable data, gathered from archives in nine countries, cover all sovereign borrowers. He deftly combines statistical methods, case studies, and content analysis to scrutinize theories from as many angles as possible. Tomz finds strong support for his reputational theory while challenging prevailing views about sovereign debt. His pathbreaking study shows that, across the centuries, reputations have guided lending and repayment in consistent ways. Moreover, Tomz uncovers surprisingly little evidence of punitive enforcement strategies. Creditors have not compelled borrowers to repay by threatening military retaliation, imposing trade sanctions, or colluding to deprive defaulters of future loans. He concludes by highlighting the implications of his reputational logic for areas beyond sovereign debt, further advancing our understanding of the puzzle of cooperation under anarchy.

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National debts incurred by illegitimate regimes against the best interests of the citizens is a serious problem of international economics and politics. These sovereign debts, often referred to as odious debts, deplete the public purse and create an ongoing financial liability that serves to constrain investment and economic growth, and conspires to keep millions in poverty. This important and timely book explains the legal principles and politics involved in the issue of odious debts, and sovereign debt arrangements more generally. The author goes beyond abstract arguments and proposes legal rules and international regulation that should be put in place to create the right incentives to stop the transmission of odious debts. Her proposal is for a registration scheme for sovereign debt, and the imposition of positive duties on financiers who provide loans to sovereign borrowers. Sovereign Finance and the Poverty of Nations will appeal to students, academics, debtactivists, policy makers, international finance practitioners and anyone with a general interest in sovereign finance affairs.

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The first ethnography of the vibrant Aboriginal media community in Vancouver, Sovereign Screens uncovers the social forces shaping that community, including community media organizations and avant-garde art centers, as well as the national spaces of cultural policy and media institutions. Kristin L. Dowell uses the concept of visual sovereignty to examine the practices, forms, and meanings through which Aboriginal filmmakers tell their individual stories and those of their Aboriginal nations and the intertribal urban communities in which they work. She explores the ongoing debates within the community about what constitutes Aboriginal media, how this work intervenes in the national Canadian mediascape, and how filmmakers use technology in a wide range of genres—including experimental media—to recuperate cultural traditions and reimagine Aboriginal kinship and sociality. Analyzing the interactive relations between this social community and the media forms it produces, Sovereign Screens offers new insights into the on-screen and off-screen impacts of Aboriginal media.

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Until September 11th, 2001, few in the West fully appreciated the significance of religion in international politics. The terrible events of that day refocused our attention on how thoroughly religion and politics intermingle, sometimes with horrific results. But must this intermingling always be so deadly? The Sacred and the Sovereign brings together leading voices to consider the roles that religion should-and should not-play in a post-Cold War age distinguished by humanitarian intervention, terrorism, globalization, and challenges to state sovereignty. But these challenges to state sovereignty have deep and abiding roots in religion that invite us to revisit just what values we hold sacred. Offsetting the commonly shared idea that religion is politics' perennial nemesis, this volume demonstrates that religious traditions, institutions, and ideas are essential elements of the political quest for human rights, peace, order, legitimacy, and justice. The Sacred and the Sovereign brings distinguished scholars of religious studies, theology, and politics together with ranking members of the military and government to reflect seriously about where-and if-safe boundaries can be drawn between religion and politics in the international arena.

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This elegant Bible edition of the RSV delivers this classic translation in a convenient portable size with essential study tools and traditional accents.The Revised Standard Version (RSV) in the Sovereign Collection reflects its place in the legacy and majesty of the King James Version Bible. This beautiful Bible contains design flourishes that pay tribute to the King James Bible produced in 1611, delivered in a convenient portable size with essential study tools.The Sovereign Collection continues Thomas Nelson''s long history and stewardship publishing Bibles, featuring elegant letter illustrations leading into each chapter. Drawing from the legacy of the trustworthy and timeless KJV, these editions use elegant drop cap illustrations leading into each chapter and more classic Bible details.Features include: Classic double column text for narrative books Single-column text for poe

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In The Sovereign Self, Grant H. Kester examines the evolving discourse of aesthetic autonomy from its origins in the Enlightenment through avant-garde projects and movements in the nineteenth and twentieth centuries. Kester traces the idea of aesthetic autonomy—the sense that art should be autonomous from social forces while retaining the ability to reflect back critically on society—through Kant, Schiller, Hegel, Marx, and Adorno. Kester critiques the use of aesthetic autonomy as the basis for understanding the nature of art and the shifting relationship between art and revolutionary praxis. He shows that dominant discourses of aesthetic autonomy reproduce the very forms of bourgeois liberalism that autonomy discourse itself claims to challenge. Analyzing avant-garde art and political movements in Russia, India, Latin America, and elsewhere, Kester retheorizes the aesthetic beyond autonomy. Ultimately, Kester demonstrates that the question of aesthetic autonomy has ramifications that extend beyond art to encompass the nature of political transformation and forms of anticolonial resistance that challenge the Eurocentric concept of “Man,” upon which the aesthetic itself often depends.

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The first in-depth account of the sudden growth of China’s sovereign wealth funds and their transformative impact on global markets, domestic and multinational businesses, and international politics.One of the keys to China’s global rise has been its strategy of deploying sovereign wealth on behalf of state power. Since President Xi Jinping took office in 2013, China has doubled down on financial statecraft, making shrewd investments with the sovereign funds it has built up by leveraging its foreign exchange reserves. Sovereign Funds tells the story of how the Communist Party of China (CPC) became a global financier of surpassing ambition.Zongyuan Zoe Liu offers a comprehensive and up-to-date analysis of the evolution of China’s sovereign funds, including the China Investment Corporation, the State Administration of Foreign Exchange, and Central Huijin Investment. Liu shows how these institutions have become mechanisms not only for transforming low-reward foreign exchange reserves into investment capital but also for power projection. Sovereign funds are essential drivers of the national interest, shaping global markets, advancing the historic Belt and Road Initiative, and funneling state assets into strategic industries such as semiconductors, fintech, and artificial intelligence. In the era of President Xi, state-owned financial institutions have become gatekeepers of the Chinese economy. Political and personal relationships with prestigious sovereign funds have enabled Blackstone to flourish in China and have fueled the ascendance of private tech giants such as Alibaba, Ant Finance, and Didi.As Liu makes clear, sovereign funds are not just for oil exporters. The CPC is a leader in both foreign exchange reserves investment and economic statecraft, using state capital to encourage domestic economic activity and create spheres of influence worldwide.

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Staatsfonds sind Investmentfonds, die abseits der klassischen Verwaltung der Währungsreserven durch Zentralbanken staatliches Kapital anlegen. Auch wenn diese Fonds erstmals in den 1950er Jahren die internationale Finanzbühne betraten, handelt es sich bei den gewaltigen Investitionen in westliche Märkte um ein jüngeres Phänomen, das auch die Finanzkrise überdauert. Vor diesem Hintergrund nimmt Maximilian Preisser zunächst eine Systematisierung der Fonds und eine Analyse der wirtschaftlichen und politischen Chancen und Risiken im Umgang mit ihren Investitionen in europäische Empfangsstaaten vor. Anschließend untersucht er die rechtlichen Rahmenbedingungen in Deutschland und Europa. Damit die langfristige Stabilität der europäischen Kapitalmärkte gewährleistet und an einer offenen Investitionspolitik gegenüber Drittstaaten festgehalten werden kann, schlägt der Autor eine Überarbeitung des deutschen Außenwirtschaftsrechts sowie eine europäische Verordnung für ausländische Staatsfondsinvestitionen vor.

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In 1823, as the first American missionaries arrived in Hawai'i, the archipelago was experiencing a profound transformation in its rule, as oral law that had been maintained for hundreds of years was in the process of becoming codified anew through the medium of writing. The arrival of sailors in pursuit of the lucrative sandalwood trade obliged the ali'i (chiefs) of the islands to pronounce legal restrictions on foreigners' access to Hawaiian women. Assuming the new missionaries were the source of these rules, sailors attacked two mission stations, fracturing relations between merchants, missionaries, and sailors, while native rulers remained firmly in charge. In The Kingdom and the Republic, Noelani Arista (Kanaka Maoli) uncovers a trove of previously unused Hawaiian language documents to chronicle the story of Hawaiians' experience of encounter and colonialism in the nineteenth century. Through this research, she explores the political deliberations between ali'i over the sale of a Hawaiian woman to a British ship captain in 1825 and the consequences of the attacks on the mission stations. The result is a heretofore untold story of native political formation, the creation of indigenous law, and the extension of chiefly rule over natives and foreigners alike. Relying on what is perhaps the largest archive of written indigenous language materials in North America, Arista argues that Hawaiian deliberations and actions in this period cannot be understood unless one takes into account Hawaiian understandings of the past—and the ways this knowledge of history was mobilized as a means to influence the present and secure a better future. In pursuing this history, The Kingdom and the Republic reconfigures familiar colonial histories of trade, proselytization, and negotiations over law and governance in Hawai'i.

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Every manual is written from hands-on experience gained from stripping down and rebuilding each vehicle in the Haynes Project Workshop. The practical step-by-step instructions and clear photos are easy to follow and provide information on maintenance, servicing, fault finding, the MoT, brakes, electrics and Haynes tips to make many tasks easier.

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Equaliberty in the Dutch Caribbean is a collection of essays that explores fundamental questions of equality and freedom on the non-sovereign islands of the Dutch Caribbean. Drawing on in-depth ethnographic research, historical and media analysis, the study of popular culture, and autoethnographic accounts, the various contributions challenge conventional assumptions about political non/sovereignty. While the book recognizes the existence of nationalist independence movements, it opens a critical space to look at other forms of political articulation, autonomy, liberty, and a good life. Focusing on all six different islands and through a multitude of voices and stories, the volume engages with the everyday projects, ordinary imaginaries, and dreams of equaliberty alongside the work of independistas and traditional social movements aiming for more or full self-determination. As such, it offers a rich and powerful telling of the various ways of being in and belonging to our contemporary postcolonial world.

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In the early 1990s, Israeli television began dedicating Memorial Day airtime to videos produced by the grieving families of soldiers killed in the line of duty. When these videos first appeared, during a period of growing Israeli discontent with the occupation of southern Lebanon, they were widely perceived as a challenge to the state, reclaiming the dead from Israel’s militaristic memory culture by resituating them in intimate domestic contexts via mediated commemorations. By tracing an emerging media system of freelance filmmaking, privatized television, state institutes of care, and grassroots campaigns, Laliv Melamed reveals how these videos nevertheless avoid a fundamental critique of Israeli militarism, which is instead invited into the familiar space of the home. These intimate connections of memory and media exploit bonds of kinship and reshape larger relationships between the state and its citizens, enabling a collective disavowal of colonial violence. In Sovereign Intimacy, Melamed offers a poignant and critical view of the weaponization of home media and mourning in service of the neoliberal settler state.

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The nation state operates on a logic of exclusion: no state can offer citizenship and legal rights to all comers. From the logic of exclusion a state derives its sovereign power. Yet this exclusivity undermines the project of advancing human rights globally. That project operates on a logic of inclusion: all people, regardless of citizenship status or territorial location, would everywhere be recognized as bearers of human rights. In practice, human rights are afforded, if at all, then only to citizens of those few states that sometimes regard human rights as moral necessities of domestic commitments—or for states that find that stance politically expedient for the moment. This discouraging reality in the first decades of the twenty-first century prompts the question: What political arrangement might better conduce the local embrace and enduring practice of human rights? In The Human Rights State, Benjamin Gregg challenges the conviction that the nation state can only have a zero-sum relationship with human rights: national sovereignty is possible or human rights are possible, but not both, not in the same place, at the same time. He argues that the human rights project would be more effective if established and enforced at local levels as locally valid norms, and from there encouraged to expand outward toward overlaps with other locally established and enforced conceptions of human rights grown in their own local soils. Proposing a metaphorical human rights state that operates within or alongside a nation state, Gregg describes networks of activists that encourage local political and legal systems to generate domestic obligations to enforce human rights. Geographic boundaries and national sovereignties would remain intact but diminished to the extent necessary to extend human rights to all persons, without reservation, across national borders, by rendering human rights an integral aspect of the nation state's constitution.

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Explores the struggle to define self-government in the critical years following the Declaration of Independence, when Americans throughout the country looked to the Keystone State of Pennsylvania for guidance on political mobilization and the best ways to create a stable arrangement that could balance liberty with order.

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In these essays, written during the last fifteen years, Whitaker analyses the paradoxes of federalism and democracy in a society which is deeply divided by region, language, and class. He examines the thought and action of such diverse figures as Mackenzie King, Harold Innis, William Irvine, and Pierre Trudeau and evaluates their impact on Canadian society both then and now. With an astute critical eye he surveys constitutional reform and the question of Quebec sovereignty as it has developed from 1981 through Meech Lake and beyond, and explores federalism, democratic theory, and the practice of politics in the real world. In the final essay, "Quebec and the Canadian Question," written especially for this volume, he evaluates the major changes which have occurred in Canadian politics during the last fifteen years and assesses their resounding impact on the future possibilities for Canadian democracy. The dominant political discourse, Whitaker argues, is increasingly based on human rights. This, in combination with the ascendance of free-market conservatism, the turn to continentalism under free trade, and the resurgence, since the failure of Meech Lake, of serious tensions between Quebec and the rest of Canada, has led to a compounded crisis that requires an examination not only of what Quebec wants, with or without Canada, but what Canada wants -- with or without Quebec. The Canadian idea of democracy is still evolving. Together in one volume for the first time, Whitaker's essays describe the process of that evolution and show what lies beneath the constitutional debate on the future of Canada.

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This elegant Bible edition of the RSV delivers this classic translation in a convenient portable size with essential study tools and traditional accents.The Revised Standard Version (RSV) in the Sovereign Collection reflects its place in the legacy and majesty of the King James Version Bible. This beautiful Bible contains design flourishes that pay tribute to the King James Bible produced in 1611, delivered in a convenient portable size with essential study tools.The Sovereign Collection continues Thomas Nelson''s long history and stewardship publishing Bibles, featuring elegant letter illustrations leading into each chapter. Drawing from the legacy of the trustworthy and timeless KJV, these editions use elegant drop cap illustrations leading into each chapter and more classic Bible details.Features include: Classic double column text for narrative books Single-column text for poe

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A testimony to the sufficiency of God in the gruelling day–to–day reality of raising a child with a mental health disorder. Mental health disorders have become increasingly prevalent, especially in children and teenagers. Suicide is the 3rd highest cause of death in fifteen– to nineteen–year–olds around the world. This effect of the Fall has left thousands of families in despair, confusion, and impotent desperation. Leslie Schmucker knows this all too well. Writing to encourage other parents who find themselves in a similar situation, she explores different aspects of her and her family’s experience with their daughter, Jackie. Through violence and mayhem, joy and hope, intense isolation, shame and confusion, Leslie’s honest testimony to the goodness of God is humbling. Leslie’s testimony is split into four sections: Comfort from the God who Knows Sufficiency in the Fallout Guidance in the Storm Hope for the Journey Life in our post–Fall world is not always neat, not every story looks like a success, but Leslie shows us how the gospel is for every situation, the love of God is for everyone, and He can be trusted to write our stories. Whether you are raising a child with a mental health disorder or not, this book will challenge your comfortable Christianity and show you a love beyond measure.

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This elegant Bible edition of the RSV delivers this classic translation in a convenient portable size with essential study tools and traditional accents.The Revised Standard Version (RSV) in the Sovereign Collection reflects its place in the legacy and majesty of the King James Version Bible. This beautiful Bible contains design flourishes that pay tribute to the King James Bible produced in 1611, delivered in a convenient portable size with essential study tools.The Sovereign Collection continues Thomas Nelson''s long history and stewardship publishing Bibles, featuring elegant letter illustrations leading into each chapter. Drawing from the legacy of the trustworthy and timeless KJV, these editions use elegant drop cap illustrations leading into each chapter and more classic Bible details.Features include: Classic double column text for narrative books Single-column text for poe

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This elegant Bible edition of the RSV delivers this classic translation in a convenient portable size with essential study tools and traditional accents.The Revised Standard Version (RSV) in the Sovereign Collection reflects its place in the legacy and majesty of the King James Version Bible. This beautiful Bible contains design flourishes that pay tribute to the King James Bible produced in 1611, delivered in a convenient portable size with essential study tools.The Sovereign Collection continues Thomas Nelson''s long history and stewardship publishing Bibles, featuring elegant letter illustrations leading into each chapter. Drawing from the legacy of the trustworthy and timeless KJV, these editions use elegant drop cap illustrations leading into each chapter and more classic Bible details.Features include: Classic double column text for narrative books Single-column text for poe

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Jacques Derrida's final seminars were devoted to animal life and political sovereignty—the connection being that animals slavishly adhere to the law while kings and gods tower above it and that this relationship reveals much about humanity in the West. David Farrell Krell offers a detailed account of these seminars, placing them in the context of Derrida's late work and his critique of Heidegger. Krell focuses his discussion on questions such as death, language, and animality. He concludes that Heidegger and Derrida share a commitment to finding new ways of speaking and thinking about human and animal life.

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9/11 and its aftermath have shown that our ideas about what constitutes sovereign power lag dangerously behind the burgeoning claims to rights and recognition within and across national boundaries. New configurations of sovereignty are at the heart of political and cultural transformations globally. Sovereign Bodies shifts the debate on sovereign power away from territoriality and external recognition of state power, toward the shaping of sovereign power through the exercise of violence over human bodies and populations. In this volume, sovereign power, whether exercised by a nation-state or by a local despotic power or community, is understood and scrutinized as something tentative and unstable whose efficacy depends less on formal rules than on repeated acts of violence. Following the editors' introduction are fourteen essays by leading scholars from around the globe that analyze cultural meanings of sovereign power and violence, as well as practices of citizenship and belonging--in South Africa, Peru, India, Mexico, Cyprus, Norway, and also among transnational Chinese and Indian populations. Sovereign Bodies enriches our understanding of power and sovereignty in the postcolonial world and in "the West" while opening new conceptual fields in the anthropology of politics. The contributors are Ana Maria Alonso, Lars Buur, Partha Chatterjee, Jean Comaroff and John L. Comaroff, Oivind Fuglerud, Thomas Blom Hansen, Barry Hindess, Steffen Jensen, Achille Mbembe, Aihwa Ong, Finn Stepputat, Simon Turner, Peter van der Veer, and Yael Navaro-Yashin.

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In the early American republic, the concept of public opinion was a recent-and ambiguous-invention. While appearing to promise a new style and system of democratic and deliberative politics, the concept was also invoked to limit self-rule, cement traditional prejudices and hierarchies, forestall deliberation, and marginalize dissent. As Americans contested the meaning of this essentially contestable idea, they expanded and contracted the horizons of political possibility and renegotiated the terms of political legitimacy. Tracing the notion of public opinion from its late eighteenth-century origins to the Gilded Age, Mark G. Schmeller's Invisible Sovereign argues that public opinion is a central catalyst in the history of American political thought. Schmeller treats it as a contagious idea that infected a broad range of discourses and practices in powerful, occasionally ironic, and increasingly contentious ways. Ranging across a wide variety of historical fields, Invisible Sovereign traces a shift over time from early "political-constitutional" concepts, which identified public opinion with a sovereign people and wrapped it in the language of constitutionalism, to more modern, "social-psychological" concepts, which defined public opinion as a product of social action and mass communication.

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What should serve as money, who should control its creation and circulation, and according to what rules? For more than two hundred years, the "money question" shaped American social thought, becoming a central subject of political debate and class conflict. Sovereign of the Market reveals how and why this happened. Jeffrey Sklansky's wide-ranging study comprises three chronological parts devoted to major episodes in the career of the money question. First, the fight over the innovation of paper money in colonial New England. Second, the battle over the development of commercial banking in the new United States. And third, the struggle over the national banking system and the international gold standard in the late nineteenth century. Each section explores a broader problem of power that framed each conflict in successive phases of capitalist development: circulation, representation, and association. The three parts also encompass intellectual biographies of opposing reformers for each period, shedding new light on the connections between economic thought and other aspects of early American culture. The result is a fascinating, insightful, and deeply considered contribution to the history of capitalism.

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Explores the struggle to define self-government in the critical years following the Declaration of Independence, when Americans throughout the country looked to the Keystone State of Pennsylvania for guidance on political mobilization and the best ways to create a stable arrangement that could balance liberty with order.

Read more less

Every manual is written from hands-on experience gained from stripping down and rebuilding each vehicle in the Haynes Project Workshop. The practical step-by-step instructions and clear photos are easy to follow and provide information on maintenance, servicing, fault finding, the MoT, brakes, electrics and Haynes tips to make many tasks easier.

Read more less

A Stanford University Press classic.

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This elegant Bible edition of the RSV delivers this classic translation in a convenient portable size with essential study tools and traditional accents.The Revised Standard Version (RSV) in the Sovereign Collection reflects its place in the legacy and majesty of the King James Version Bible. This beautiful Bible contains design flourishes that pay tribute to the King James Bible produced in 1611, delivered in a convenient portable size with essential study tools.The Sovereign Collection continues Thomas Nelson''s long history and stewardship publishing Bibles, featuring elegant letter illustrations leading into each chapter. Drawing from the legacy of the trustworthy and timeless KJV, these editions use elegant drop cap illustrations leading into each chapter and more classic Bible details.Features include: Classic double column text for narrative books Single-column text for poe

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In 2014, Russia illegally annexed Crimea, bolstered a separatist conflict in the Donbas region, and attacked Ukraine with its regular army and special forces. In each instance of Russian aggression, the U.S. response has often been criticized as inadequate, insufficient, or hesitant.The Moscow Factor: U.S. Policy toward Sovereign Ukraine and the Kremlin is a unique study that examines four key Ukraine-related policy decisions across two Republican and two Democratic U.S. administrations. Eugene M. Fishel asks whether, how, and under what circumstances Washington has considered Ukraine’s status as a sovereign nation in its decision-making regarding relations with Moscow.This study situates the stance of the United States toward Ukraine in the broader context of international relations. It fills an important lacuna in existing scholarship and policy discourse by focusing on the complex trilateral—rather than simply bilateral—dynamics between the United States, Ukraine, and Russia from 1991 to 2016. This book brings together for the first time documentary evidence and declassified materials dealing with policy deliberation, retrospective articles authored by former policymakers, and formal memoirs by erstwhile senior officials. The study is also supplemented by open-ended interviews with former and returning officials.

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In Strolling in the Ruins Faith Smith engages with a period in the history of the Anglophone Caribbean often overlooked as nondescript, quiet, and embarrassingly pro-imperial within the larger narrative of Jamaican and Trinidadian nationalism. Between the 1865 Morant Bay Rebellion and World War I, British imperialism was taken for granted among both elites and ordinary people, while nationalist discourses would not begin to shape political imagination in the West Indies for decades. Smith argues that this moment, far from being uneventful, disrupts the inevitability of nationhood in the mid-twentieth century and anticipates the Caribbean’s present-day relationship to global power. Smith assembles and analyzes a diverse set of texts, from Carnival songs, poems, and novels to newspapers, photographs, and gardens, to examine theoretical and literary-historiographic questions concerning time and temporality, empire and diaspora, immigration and indigeneity, gender and the politics of desire, Africa’s place within Caribbeanist discourse, and the idea of the Caribbean itself. Closely examining these cultural expressions of apparent quiescence, Smith locates the quiet violence of colonial rule and the insistence of colonial subjects on making meaningful lives.

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Today, states’ ability to borrow private capital depends on stringent evaluations of their creditworthiness. While many presume that this has long been the case, Quentin Bruneau argues that it is a surprisingly recent phenomenon—the outcome of a pivotal shift in the social composition of financial markets.Investigating the financiers involved in lending capital to sovereigns over the past two centuries, Bruneau identifies profound changes in their identities, goals, and forms of knowledge. He shows how an old world made up of merchant banking families pursuing both profit and status gradually gave way to a new one dominated by large companies, such as joint stock banks and credit rating agencies, exclusively pursuing profit. Lacking the web of personal ties to sovereigns across the world that their established rivals possessed, these financial institutions began relying on a different form of knowledge created to describe and compare states through quantifiable data: statistics. Over the course of this epochal shift, which only came to an end a few decades ago, financial markets thus reconceptualized states. Instead of a set of individuals to be known in person, they became numbers on a page. Raising new questions about the history of sovereign lending, this book illuminates the nature of the relationship between states and financial markets today—and suggests that it may be on the cusp of another major transformation.

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Political economy debates have focused on the internationalisation of private capital, but foreign states increasingly enter domestic markets as financial investors. How do policy makers in recipient countries react? Do they treat purchases as a threat and impose restrictions or see them as beneficial and welcome them? What are the wider implications for debates about state capacities to govern domestic economies in the face of internationalisation of financial markets? In response, Foreign States in Domestic Markets have developed the concept of 'internationalised statism', where governments welcome the use of foreign state investments to govern their domestic economies. These foreign state investments are applied to the most prominent overseas state investors, Sovereign Wealth Funds (SWFs). Many SWFs are from Asia and the Middle East and their number and size have greatly expanded, reaching $9 trillion by 2020. This book examines policies towards non-Western SWFs buying company shares in four countries: the US, UK, France, and Germany. Although the US has imposed significant legal restrictions, the others have pursued internationalised statism in ways that are surprising given both popular and political economy classifications. This book argues that the policy patterns found are related to domestic politics, notably the preferences and capacities of the political executive and legislature, rather than solely economic needs or national security risks. The phenomenon of internationalised statism underlines that overseas state investment provides policy makers in recipient states with new allies and resources. The study of SWFs shows that internationalisation and liberalisation of financial markets offer national policy makers opportunities to govern their domestic economies.

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This second edition explores how money 'works' in the modern economy and synthesises the key principles of Modern Money Theory, exploring macro accounting, currency regimes and exchange rates in both the USA and developing nations.

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In Beyond the Sovereign Self Grant H. Kester continues the critique of aesthetic autonomy begun in The Sovereign Self, showing how socially engaged art provides an alternative aesthetic with greater possibilities for critical practice. Instead of grounding art in its distance from the social, Kester shows how socially engaged art, developed in conjunction with forms of social or political resistance, encourages the creative capacity required for collective political transformation. Among others, Kester analyzes the work of conceptual artist Adrian Piper, experimental practices associated with the escrache tradition in Argentina, and indigenous Canadian artists such as Nadia Myre and Michèle Taïna Audette, showing how socially engaged art catalyzes forms of resistance that operate beyond the institutional art world. From the Americas and Europe to Iran and South Africa, Kester presents a historical genealogy of recent engaged art practices rooted in a deep history of cultural production, beginning with nineteenth-century political struggles and continuing into contemporary anticolonial resistance and other social movements.

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They helped conquer the greatest armies ever assembled. Yet no sooner had they tasted victory after World War II than American generals suddenly found themselves governing their former enemies, devising domestic policy and making critical economic decisions for people they had just defeated in battle. In postwar Germany and Japan, this authority fell into the hands of Dwight D. Eisenhower and Douglas MacArthur, along with a cadre of military officials like Lucius Clay and the Detroit banker Joseph Dodge. In Sovereign Soldiers, Grant Madsen tells the story of how this cast of characters assumed an unfamiliar and often untold policymaking role. Seeking to avoid the harsh punishments meted out after World War I, military leaders believed they had to rebuild and rehabilitate their former enemies; if they failed they might cause an even deadlier World War III. Although they knew economic recovery would be critical in their effort, none was schooled in economics. Beyond their hopes, they managed to rebuild not only their former enemies but the entire western economy during the early Cold War. Madsen shows how army leaders learned from the people they governed, drawing expertise that they ultimately brought back to the United States during the Eisenhower Administration in 1953. Sovereign Soldiers thus traces the circulation of economic ideas around the globe and back to the United States, with the American military at the helm.

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The insolvency of states is by no means a rare or new phenomenon. Despite this, it still seems to be widely felt that states do not go bankrupt. As of yet, there are no regulated insolvency proceedings for states. This book examines the current mechanisms for solving sovereign debt crises. It presents an analysis of their weaknesses and shows possibilities for dealing with such crises in the future. In this respect, the work focusses on crisis resolution measures at European level: the aid packages for Greece, the European Financial Stabilisation Mechanism, the European Financial Stabilisation Facility and the European Stability Mechanism. These are examined for their appropriateness as well as whether they contain elements of insolvency law. Ultimately, it explores possible insolvency proceedings for states at EU level and their implementation options.

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The present international system, composed for the most part of sovereign, territorial states, is often viewed as the inevitable outcome of historical development. Hendrik Spruyt argues that there was nothing inevitable about the rise of the state system, however. Examining the competing institutions that arose during the decline of feudalism--among them urban leagues, independent communes, city states, and sovereign monarchies--Spruyt disposes of the familiar claim that the superior size and war-making ability of the sovereign nation-state made it the natural successor to the feudal system. The author argues that feudalism did not give way to any single successor institution in simple linear fashion. Instead, individuals created a variety of institutional forms, such as the sovereign, territorial state in France, the Hanseatic League, and the Italian city-states, in reaction to a dramatic change in the medieval economic environment. Only in a subsequent selective phase of institutional evolution did sovereign, territorial authority prove to have significant institutional advantages over its rivals. Sovereign authority proved to be more successful in organizing domestic society and structuring external affairs. Spruyt's interdisciplinary approach not only has important implications for change in the state system in our time, but also presents a novel analysis of the general dynamics of institutional change.

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As an overseas department of France, Guadeloupe is one of a handful of non-independent societies in the Caribbean that seem like political exceptions-or even paradoxes-in our current postcolonial era. In Non-Sovereign Futures, Yarimar Bonilla wrestles with the conceptual arsenal of political modernity-challenging contemporary notions of freedom, sovereignty, nationalism, and revolution-in order to recast Guadeloupe not as a problematically non-sovereign site but as a place that can unsettle how we think of sovereignty itself. Through a deep ethnography of Guadeloupean labor activism, Bonilla examines how Caribbean political actors navigate the conflicting norms and desires produced by the modernist project of postcolonial sovereignty. Exploring the political and historical imaginaries of activist communities, she examines their attempts to forge new visions for the future by reconfiguring narratives of the past, especially the histories of colonialism and slavery. Drawing from nearly a decade of ethnographic research, she shows that political participation-even in failed movements-has social impacts beyond simple material or economic gains. Ultimately, she uses the cases of Guadeloupe and the Caribbean at large to offer a more sophisticated conception of the possibilities of sovereignty in the postcolonial era.

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As an overseas department of France, Guadeloupe is one of a handful of non-independent societies in the Caribbean that seem like political exceptions-or even paradoxes-in our current postcolonial era. In Non-Sovereign Futures, Yarimar Bonilla wrestles with the conceptual arsenal of political modernity-challenging contemporary notions of freedom, sovereignty, nationalism, and revolution-in order to recast Guadeloupe not as a problematically non-sovereign site but as a place that can unsettle how we think of sovereignty itself. Through a deep ethnography of Guadeloupean labor activism, Bonilla examines how Caribbean political actors navigate the conflicting norms and desires produced by the modernist project of postcolonial sovereignty. Exploring the political and historical imaginaries of activist communities, she examines their attempts to forge new visions for the future by reconfiguring narratives of the past, especially the histories of colonialism and slavery. Drawing from nearly a decade of ethnographic research, she shows that political participation-even in failed movements-has social impacts beyond simple material or economic gains. Ultimately, she uses the cases of Guadeloupe and the Caribbean at large to offer a more sophisticated conception of the possibilities of sovereignty in the postcolonial era.

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The book focuses on the phenomenon of predation during the closing decades of the 18th and the beginning of the 19th century in Indias western littoral. It attempts a material history of piracy, locating its antecedents, its social context, and its ramifications at a crucial time of political transition. Alongside, it revisits the idea of piracy as a category that was largely constituted by regimes of power and regulation in the high seas and in littoral waters. In the case of India and the Indian Ocean, the pirate was a particularly maligned figure thanks to the discourse put forward by the English East Company. The book unravels the making of such a discourse, while remaining attentive to fissures and tensions within the discourse.

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The Struggle of Non-Sovereign Caribbean Territories is an essay collection made up of two sections; in the first, a group of anglophone and francophone scholars examines the roots, effects and implications of the major social upheaval that shook Guadeloupe, Martinique, French Guiana, and Réunion in February and March of 2009. They clearly demonstrate the critical role played by community activism, art and media to combat politico-economic policies that generate (un)employment, labor exploitation, and unattended health risks, all made secondary to the supremacy of profit. In the second section, additional scholars provide in-depth analyses of the ways in which an insistence on capital accumulation and centralization instantiated broad hierarchies of market-driven profit, capital accumulation, and economic exploitation upon a range of populations and territories in the wider non-sovereign and nominally sovereign Caribbean from Haiti to the Dutch Antilles to Puerto Rico, reinforcing the racialized patterns of socioeconomic exclusion and privatization long imposed by France on its former colonial territories.

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This elegantly designed large print edition is part of the Sovereign Collection, which honors the timeless beauty and richness of the King James Version.

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This elegant large print Bible edition honors the beauty and richness of the New King James Version.

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