scholarly journals Penyebab dan Upaya yang Dilakukan Para Pemerintah Dunia Saat Krisis Global 2008

2020 ◽  
Vol 2 (1) ◽  
pp. 183-190
Author(s):  
Hasmiah Herawati ◽  
Mukarramah Gustan

In this globalization era, economic integration is increasingly in line with information technology. In a very short period of time, the financial crisis that occurred in the United States quickly spread to other countries so that it developed into a problem that was quite serious which had the effect of economic finance. This 2008 crisis is a very bad global financial crisis in the past 80 years. The crisis that was initially experienced due to subprime mortgages in the United States turned out to affect the international world. Therefore, the country's leaders strive to minimize the crisis by holding a meeting attended by the G-20. The G-20 is a major economic group in the world.

2021 ◽  
pp. 171-192
Author(s):  
Peter Martin

Within hours of the 9/11 terrorist attacks, China’s diplomats moved to improve ties with the United States. Spotting an opportunity to improve their country’s international image and influence as the United States became distracted by the Middle East, Beijing established important bilateral dialogues with countries around the world and invested in its soft power. China’s previous efforts to woo its neighbors after Tiananmen and especially after the 1996 Taiwan Straits also paid off. The period culminated with China hosting the 2008 Summer Olympics—the most significant moment of international validation for the regime since its founding. Beijing’s improved reputation was damaged, however, when it began to act assertively in the wake of the Global Financial Crisis.


2020 ◽  
Vol 114 ◽  
pp. 23-32
Author(s):  
Henry Gao

Since its accession to the World Trade Organization (WTO), China's exports have been growing exponentially. In 2009, China became the world's top goods exporter. Four years later, China unseated the United States as the top trading nation in the world. In contrast to the burgeoning Chinese economy, the United States and Europe have been suffering from economic decline since the global financial crisis in 2008. China regards its rise as a long overdue restoration of its rightful position, as it has been the largest economy in the world for most of its history, except the brief aberration over the past 150 years. The Western powers, however, view China's rapid development with suspicion, as they attribute China's success mostly to its state-led development model, with state-owned enterprises, massive subsidies, and heavy government intervention playing a major role.


2017 ◽  
Vol 10 (4) ◽  
pp. 383-401 ◽  
Author(s):  
Brantly Womack

Abstract The profound political uncertainties in international politics created by developments in the United States, Europe, the Middle East, and North Korea (DPRK) are similar in some respects to the economic uncertainties created by the global financial crisis of 2008. In both crises there is a sudden and general awareness of vulnerability, and it is unclear how long the current uncertainty will last. With the election of Donald Trump, the United States is again at the centre of a global crisis. China is again the least vulnerable of the major states. Everyone including China is disadvantaged by the current political crisis. However, in relative terms China stands to gain, as it did in 2008. The relative change in international relationships will be most obvious in Asia. The focus here is on the cycle of uncertainty that characterizes both crises. However, the effects of the current political crisis are likely to contrast with the effects of the earlier economic crisis. From 2008 to 2014, other countries were worried about their own economies and about the world economy in general, and also about what China’s arrival as a regional and global economic power might mean for them. Meanwhile, American leadership under Obama seemed less assertive, while China appeared to be more assertive. By contrast, in 2015, China’s economy had already entered a ‘new normal’ of slower economic growth, while its consolidated political leadership supports multilateral globalization. American political leadership is unpredictable in both general strategic terms and in terms of crisis management. Just as the world needed the economic lift provided by China in 2008, it now needs the political reassurance of stability that China appears to provide. However, the United States may find it difficult to adjust to the shift in political influence.


Author(s):  
Steven L Schwarcz

Securitisation represents a significant worldwide source of capital market financing. European investors commonly invest in asset-backed securities issued in U.S. securitisation transactions, and vice versa One of the key goals of the European Commission's proposed Capital Markets Union (CMU) is to further facilitate securitisation as a source of capital market financing as a viable alternative to bank-based finance for companies operating in the EU. To that end, this chapter explains securitisation and attempts to put its rise, its decline after the global financial crisis, and its recent CMU-inspired revival into a global perspective. It examines not only securitisation's relationship to the financial crisis but also post-crisis comparative regulatory approaches in the EU and the United States.


2020 ◽  
Vol 2020 (3) ◽  
pp. 5-23
Author(s):  
Grzegorz W. Kolodko ◽  

The huge leap made by the Chinese economy over the past four decades as a result of market reforms and openness to the world is causing fear in some and anxiety in others. Questions arise as to whether China’s economic success is solid and whether economic growth will be followed by political expansion. China makes extensive use of globalization and is therefore interested in continuing it. At the same time, China wants to give it new features and specific Chinese characteristics. This is met with reluctance by the current global hegemon, the United States, all the more so as there are fears that China may promote its original political and economic system, "cynicism", abroad. However, the world is still big enough to accommodate us all. Potentially, not necessarily. For this to happen, we need the right policies, which in the future must also include better coordination at the supranational level.


2005 ◽  
Vol 74 (3) ◽  
pp. 411-426 ◽  
Author(s):  
T. CHRISTOPHER JESPERSEN

The frequent use of the Vietnam analogy to describe the situation in Iraq underscores the continuing relevance of Vietnam for American history. At the same time, the Vietnam analogy reinforces the tendency to see current events within the context of the past. Politicians and pundits latch onto analogies as handles for understanding the present, but in so doing, they obscure more complicated situations. The con�ict in Iraq is not Vietnam, Korea, or World War II, but this article considers all three in an effort to see how the past has shaped, and continues to affect, the world the United States now faces.


2018 ◽  
Vol 54 (3) ◽  
pp. 279-293 ◽  
Author(s):  
Bryan S. Turner

Whereas happiness ( eudaimonia or human flourishing) was fundamental to the classical thought of the Greeks and Romans, as felicitas and beatitudo were to Christianity and a ‘felicific calculus’ to utilitarian philosophers, since Max Weber’s criticism of happiness as a goal of social policy it has largely disappeared from mainstream sociology. The article contrasts Aristotle’s view of eudaimonia from the Nicomachean Ethics, in which a happy/flourishing polis was a necessary condition for happy/flourishing citizens, with contemporary societies in which, while there is much talk about happiness, it is often understood as an individual experience associated with pleasure (and especially with privatized consumption). Happiness studies indicate that happiness cannot be separated from a successful society. Recent data from the United States show how life satisfaction is declining with economic decay. The World Happiness Report of 2015 also helps us to distinguish between societies that recovered quickly from the global financial crisis and those that did not.


2021 ◽  
pp. 159-182
Author(s):  
Rush Doshi

Chapter 7 explores the dawn of China’s grand strategy to build regional order as well as the ends, ways, and means of this strategy. Using Party texts, it explores how the shock of the Global Financial Crisis led China to see the United States as weakening and emboldened it to take a more assertive course. It begins with a thorough review of China’s discourse on “multipolarity” and the “international balance of forces,” concepts China uses as euphemisms for US power and which it ties to its strategic guidelines. It then shows that the Party sought to lay the foundations for order—coercion, inducements, and legitimacy—under the auspices of the revised guidance “actively accomplish something” issued by Chinese leader Hu Jintao in 2009. This strategy, like blunting before it, was implemented across multiple instruments of statecraft—military, political, and economic.


Author(s):  
Joshua L. Rosenbloom ◽  
Ronald A. Ash ◽  
LeAnne Coder ◽  
Brandon Dupont

Women are under represented in the information technology (IT) workforce. In the United States, although women make up about 45% of the overall labor force they make up only about 35% of the IT workforce. (Information Technology Association of America, 2003, p. 11). Within IT, women’s representation declines as one moves up to higher-level occupations. While women are relatively more numerous among data entry keyers and computer operators, they are relatively less likely to be found in high-level occupations like systems analysts and computer programmers. The relatively low representation of women in IT fields parallels a broader pattern of gender differentials in other scientific and technical fields. In all science, technology, engineering, and mathematics fields combined, women held 25.9% of jobs in 2003. Women’s representation varies widely by sub-fields, however; 65.8% of psychologists and 54.6% of social scientists are women, but only 10.4% of engineers, and 37.4% of natural scientists (Commission on Professionals in Science and Technology, 2004, p. 2). Over the course of the past 100 years, there has been a dramatic change in women’s economic role. In 1900, only one in five adult women worked outside the home, and most of these were young and unmarried (Goldin, 1990). Since then, male and female labor force participation rates have tended to converge. Between 1900 and 1950 there was a gradual expansion of women’s labor force participation. After World War II the pace of change accelerated sharply as more married women entered the labor force. During the 1960s and early 1970s a series of legal changes significantly broadened protection of women’s rights ending essentially all forms of overt discrimination (Fuchs, 1988; Long, 2001, p. 9-10). The removal of these barriers in combination with the availability of cheap and reliable birth control technology greatly facilitated the entry of women into higher education, and technical and professional positions (Goldin & Katz, 2002). Nevertheless, as the figures cited at the outset reveal, women’s participation in IT and other technical fields has not increased as rapidly as it has in less technical fields. And in striking contrast to the general trend toward increasing female participation in most areas of the workforce, women’s share of the IT workforce in the United States has actually declined over the past two decades. Any effort to explain gender differences in IT must begin with an understanding of how the number, characteristics, and pay of women in IT have evolved over time, and across different sub-fields within IT. This chapter provides a foundation for this analysis by documenting recent changes in the number of women employed in IT, their demographic characteristics, and relative pay.


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