Slow Down


Book Description

"[A] well-reasoned and eye-opening treatise . . . [Kohei Saito makes] a provocative and visionary proposal." —Publishers Weekly, (starred review) "Saito’s clarity of thought, plethora of evidence, and conversational, gentle, yet urgent tone . . . are sure to win over open-minded readers who understand the dire nature of our global. . . . A cogently structured anti-capitalist approach to the climate crisis." —Kirkus Reviews (starred review) Why, in our affluent society, do so many people live in poverty, without access to health care, working multiple jobs and are nevertheless unable to make ends meet, with no future prospects, while the planet is burning? In his international bestseller, Kohei Saito argues that while unfettered capitalism is often blamed for inequality and climate change, subsequent calls for “sustainable growth” and a “Green New Deal” are a dangerous compromise. Capitalism creates artificial scarcity by pursuing profit based on the value of products rather than their usefulness and by putting perpetual growth above all else. It is therefore impossible to reverse climate change in a capitalist society—more: the system that caused the problem in the first place cannot be an integral part of the solution. Instead, Saito advocates for degrowth and deceleration, which he conceives as the slowing of economic activity through the democratic reform of labor and production. In practical terms, he argues for: the end of mass production and mass consumption decarbonization through shorter working hours the prioritization of essential labor over corporate profits By returning to a system of social ownership, he argues, we can restore abundance and focus on those activities that are essential for human life, effectively reversing climate change and saving the planet.




Senegal


Book Description

Weaker external demand, rising food and energy prices, tightening financial conditions, and the US dollar appreciation have negatively impacted the Senegalese economy. Add to that, multiple challenges facing the country, including heightened regional insecurity and growing social demands amid soaring cost of living. As a result, growth was further revised down to 4.7 percent and inflation up to 8.5 percent in 2022, while the fiscal accounts are under increasing strain. The challenging external and domestic environment will continue to weigh on the economy in the near term and risks are titled to the downside. Medium-term growth prospects appear more favorable with the temporary boost from oil and gas production set to start in late 2023.




Myanmar


Book Description

The COVID-19 pandemic is expected to hit hard Myanmar’s economy via weaker exports, tourism, remittances and domestic demand. The economic and social costs of a widespread outbreak could be large, against the backdrop of a frail healthcare system and inadequate social safety nets, as well as already low international reserves and a fragile banking system. The measures to contain and alleviate the effects of the pandemic open up sizeable BOP and fiscal financing gaps in the near term.





Book Description




Global Labour in the Fourth Industrial Revolution


Book Description

Mexican theorist Adrián Sotelo Valencia analyses the 4.0 revolution of artificial intelligence, Big Data, algorithms, and digital platforms as a global strategy of capital and the state aimed at detaining the global capitalist crisis. The new international division of labour being forged offers severe repercussions for labour.




Federalism and the Response to COVID-19


Book Description

The COVID-19 pandemic bared the inadequacies in existing structures of public health and governance in most countries. This book provides a comparative analysis of policy approaches and planning adopted by federal governments across the globe to battle and adequately respond to the health emergency as well as the socio-economic fallouts of the pandemic. With twenty-four case studies from across the globe, the book critically analyzes responses to the public health crisis, its fiscal impact and management, as well as decision-making and collaboration between different levels of government of countries worldwide. It explores measures taken to contain the pandemic and to responsibly regulate and manage the health, socio-economic welfare, employment, and education of its people. The authors highlight the deficiencies in planning, tensions between state and local governments, politicization of the crisis, and the challenges of generating political consensus. They also examine effective approaches used to foster greater cooperation and learning for multi-level, polycentric innovation in pandemic governance. One of the first books on federalism and approaches to the COVID-19 pandemic, this volume is an indispensable reference for scholars and researchers of comparative federalism, comparative politics, development studies, political science, public policy and governance, health and wellbeing, and political sociology.




Current Trends in Science


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Learning to Live with Climate Change


Book Description

This imaginative and empowering book explores the ways that our emotions entangle us with climate change and offers strategies for engaging with climate anxiety that can contribute to social transformation. Climate educator Blanche Verlie draws on feminist, more-than-human and affect theories to argue that people in high-carbon societies need to learn to ‘live-with’ climate change: to appreciate that human lives are interconnected with the climate, and to cultivate the emotional capacities needed to respond to the climate crisis. Learning to Live with Climate Change explores the cultural, interpersonal and sociological dimensions of ecological distress. The book engages with Australia’s 2019/2020 ‘Black Summer’ of bushfires and smoke, undergraduate students’ experiences of climate change, and contemporary activist movements such as the youth strikes for climate. Verlie outlines how we can collectively attune to, live with, and respond to the unsettling realities of climate collapse while counteracting domineering ideals of ‘climate control.’ This impressive and timely work is both deeply philosophical and immediately practical. Its accessible style and real-world relevance ensure it will be valued by those researching, studying and working in diverse fields such as sustainability education, climate communication, human geography, cultural studies, environmental sociology and eco-psychology, as well as the broader public. The Open Access version of this book, available at https://doi.org/10.4324/9780367441265, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.




Norway


Book Description

The paper examines the nature and scale of spillovers to a number of European countries from monetary policies in the euro area and the United States using three different approaches. The analysis focuses on selected non-euro-area countries in Europe: the Czech Republic, Denmark, Hungary, Poland, and Sweden. Recent developments in these countries’ sovereign bond yields and exchange rates are indicative of potential spillovers. The paper’s most consistent analytical finding is for spillovers to lower domestic bond yields, with the potential for repercussions on credit expansion and asset prices. More recently, the event study uncovered evidence of upward pressure on the exchange rate.