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Renminbi Rising: A New Global Monetary System Emerges
by Guonan Ma William H. Overholt Cheung Kwok LawCritical analysis of RMB internationalization and the coming global currency shift Renminbi Rising charts the emergence of China's internationalizing currency and provides an in-depth analysis of the global repercussions. Written by a team of renown economics researchers, this book describes the pressures that enabled the emergence of a new global monetary system and why China's Renminbi (RMB) became the default 'second in line' as the U.S. receded from leadership. Policy makers and regulators will appreciate the examination of the motivations behind those driving the shift, and financial professionals will find valuable guidance in the discussion surrounding business opportunities that the RMB brings to the table. Coverage includes the emergence of new Chinese-sponsored financial institutions, the scale of various RMB businesses and the coming transformation of the global financial system. Effective management of international monetary affairs has never been more fundamental to the global economic recovery. The rapid emergence of China's RMB is a transformative event of global significance, and this book provides the context you need to understand the depth and breadth of changes on the horizon. Understand why a new global monetary system is needed Consider the outcomes as China emerges and the U.S. recedes Learn the context and motivations behind principal players' strategies Discover the scale of opportunities presented by the rise of the RMB It is essential for finance professionals and economic policy makers to understand the drivers, progress and likely trajectory of the RMB internationalization and to fully grasp the implications for the global financial system, international business and supporting financial products and services. Renminbi Rising offers detailed analysis of the key opportunities and threats inherent in this major economic shift.
Renovating Democracy: Governing in the Age of Globalization and Digital Capitalism (Great Transformations #1)
by Nathan Gardels Nicolas BerggruenThe rise of populism in the West and the rise of China in the East have stirred a rethinking of how democratic systems work—and how they fail. The impact of globalism and digital capitalism is forcing worldwide attention to the starker divide between the “haves” and the “have-nots,” challenging how we think about the social contract. With fierce clarity and conviction, Renovating Democracy tears down our basic structures and challenges us to conceive of an alternative framework for governance. To truly renovate our global systems, the authors argue for empowering participation without populism by integrating social networks and direct democracy into the system with new mediating institutions that complement representative government. They outline steps to reconfigure the social contract to protect workers instead of jobs, shifting from a “redistribution” after wealth to “pre-distribution” with the aim to enhance the skills and assets of those less well-off. Lastly, they argue for harnessing globalization through “positive nationalism” at home while advocating for global cooperation—specifically with a partnership with China—to create a viable rules-based world order. Thought provoking and persuasive, Renovating Democracy serves as a point of departure that deepens and expands the discourse for positive change in governance.
Rent (What is Political Economy?)
by Joe CollinsThe problem of rent is at the root of vital social concerns in the twenty-first century, ranging from the climate emergency and spiralling economic inequality to the repercussions of global economic crises. But while many of us may be familiar with rent (especially paying it), how should we really understand it? Examining both concrete contexts and complex concepts, in this book Joe Collins provides a comprehensive but concise survey of the theories and debates over rent and rentier capitalism. He examines global gentrification from São Paolo to Dublin, the tyranny of technology from Taipei to San Francisco, and the excesses of extractivism from Sekondi to Karratha. In doing so, he reveals how rent is fundamental to the current dominant form of capitalist social organization across the globe and how we can prevent the next generation from seeing our societies rent asunder. An essential resource for students and scholars alike, this groundbreaking book will be of interest to anyone working on capitalism, property, political economy, economic sociology and contemporary politics.
Rent Control in North America and Four European Countries: Regulation and the Rental Housing Market
by William Smith Michael TeitzRent control, the governmental regulation of the level of payment and tenure rights for rental housing, occupies a small but unique niche within the broad domain of public regulation of markets. The price of housing cannot be regulated by establishing a single price for a given level of quality, as other commodities such as electricity and sugar have been regulated at various times. Rent regulation requires that a price level be established for each individual housing unit, which in turn implies a level of complexity in structure and oversight that is unequaled.Housing provides a sense of security, defines our financial and emotional well-being, and influences our self-definition. Not surprisingly, attempts to regulate its price arouse intense controversy. Residential rent control is praised as a guarantor of affordable housing, excoriated as an indefensible distortion of the market, and both admired and feared as an attempt to transform the very meaning of housing access and ownership.This book provides a thorough assessment of the evolution of rent regulation in North American cities. Contributors sketch rent control's origins, legal status, economic impacts, political dynamics, and social meaning. Case studies of rent regulation in specific North American cities from New York and Washington, DC, to Berkeley and Toronto are also presented. This is an important primer for students, advocates, and practitioners of housing policy and provides essential insights on the intersection of government and markets.
The Rent of Form: Architecture and Labor in the Digital Age (Buell Center Books in the History and Theory of American Architecture)
by Pedro Fiori ArantesA critique of prominent architects&’ approach to digitally driven design and labor practices over the past two decades With the advent of revolutionary digital design and production technologies, contemporary architects and their clients developed a taste for dramatic, unconventional forms. Seeking to amaze their audiences and promote their global brands, &“starchitects&” like Herzog & de Meuron and Frank Gehry have reaped substantial rewards through the pursuit of spectacle enabled by these new technologies. This process reached a climax in projects like Gehry&’s Guggenheim Bilbao and the &“Bilbao effect,&” in which spectacular architectural designs became increasingly sought by municipal and institutional clients for their perceived capacity to enhance property values, which author Pedro Fiori Arantes calls the &“rent of form.&”Analyzing many major international architectural projects of the past twenty years, Arantes provides an in-depth account of how this &“architecture of exception&” has come to dominate today&’s industry. Articulating an original, compelling critique of the capital and labor practices that enable many contemporary projects, Arantes explains how circulation (via image culture), consumption (particularly through tourism), the division of labor, and the distribution of wealth came to fix a certain notion of starchitecture at the center of the industry.Significantly, Arantes&’s viewpoint is not that of Euro-American capitalism. Writing from the Global South, this Brazilian theorist offers a fresh perspective that advances ideas less commonly circulated in dominant, English-language academic and popular discourse. Asking key questions about the prevailing logics of finance capital, and revealing inconvenient truths about the changing labor of design and the treatment of construction workers around the world, The Rent of Form delivers a much-needed reevaluation of the astonishing buildings that have increasingly come to define world cities.
Rent Seeking in China (Routledge Contemporary China Series)
by Tak-Wing Ngo Yongping WuIn China, rent seeking has been linked to the idea of the local developmental state in which rapid economic development is explained in terms of the promotion of village and township enterprises by local cadres who wants to maximize revenue. At the same time, the rent-seeking state is also seen as the root of corrupt practices and in the creation of a political market where state assets and authorities are diverted into private interests. Despite the prevalence of rent seeking practices in present day China, no systematic study of the phenomenon across different regions and economic sectors has yet been undertaken and as such what accounts for the occurrence of the phenomenon, what range of activities are related to rent seeking practices and, more importantly, how rent seeking shapes political and economic development are barely understood. Rent Seeking in China seeks to address these questions using case studies from across economics sectors including primary industry, strategic industry, heavy industry, and light industry. It will be invaluable reading for students and scholars of Chinese politics, comparative politics and Chinese economic and business management.
Rent-Seeking in Private Pensions
by Silvia Borzutzky Mark HydeThis bookargues that the implementation of compulsory, highly regulated, privatelyadministered, defined contribution pensions facilitates rent-seeking behaviouron the part of the pension fund administrators and undermines the retirees'income and well-being. While the book focuses primarily on Chile, its analysisand conclusions are applicable to several Latin American and Eastern Europeancountries where privately administered pension systems have been implemented. Chapters evaluate the scholarly literatureand empirical evidence around three aspects of the pension fund industry:structure, pricing and performance. The authors conclude that state regulationhas facilitated the accumulation of capital in the hands of the pension fundadministrators. They also demonstrate that these systems owe more to the valuesand principles of conservative philosophy than to neoliberalism in providingalternative solutions to the rent-seeking approach to retirement.
Rentier Capitalism: Disorganised Development and Social Injustice in Pakistan
by S. AhmedSince the early 1950s East Asia (China, Taiwan and South Korea) and South-East Asia (Indonesia, Malaysia, Thailand and Vietnam) have, despite war and other challenges, managed to transform the lives of their people, whereas South Asia (India, Pakistan, Bangladesh and Sri Lanka) has lagged behind. The success of East and South-East Asia has not been accidental – it has been driven by action to reduce rural poverty, by the provision of decent education and health services to the people, and by high quality physical and institutional infrastructure, such as roads, ports and railways, and targeted support from the State to develop particular industries. In contrast, Pakistan has never confronted the problem of rural poverty, nor invested in public services. This failure is a reflection of the power of the landed class and its urban allies. This has now taken the form of widespread rent-seeking in the economy with the country's ruling elite sharing out the spoils amongst themselves rather than taking measures to grow the size of the economy so that all might share in the resulting prosperity.Rentier Capitalism sheds light on the reasons behind Pakistan's failure to bring prosperity to its people when compared to other East Asian and South-East Asian countries.
Rentier Capitalism: Disorganised Development and Social Injustice in Pakistan
by Shahid AhmedSince the early 1950s East Asia (China, Taiwan and South Korea) and South-East Asia (Indonesia, Malaysia, Thailand and Vietnam) have, despite war and other challenges, managed to transform the lives of their people, whereas South Asia (India, Pakistan, Bangladesh and Sri Lanka) has lagged behind. The success of East and South-East Asia has not been accidental – it has been driven by action to reduce rural poverty, by the provision of decent education and health services to the people, and by high quality physical and institutional infrastructure, such as roads, ports and railways, and targeted support from the State to develop particular industries. In contrast, Pakistan has never confronted the problem of rural poverty, nor invested in public services. This failure is a reflection of the power of the landed class and its urban allies. This has now taken the form of widespread rent-seeking in the economy with the country's ruling elite sharing out the spoils amongst themselves rather than taking measures to grow the size of the economy so that all might share in the resulting prosperity.
Rentier Capitalism: Who Owns the Economy, and Who Pays for It?
by Brett ChristophersHow did Britain&’s economy become a bastion of inequality?In this landmark book, the author of The New Enclosure provides a forensic examination and sweeping critique of early-twenty-first-century capitalism. Brett Christophers styles this as &‘rentier capitalism&’, in which ownership of key types of scarce assets—such as land, intellectual property, natural resources, or digital platforms—is all-important and dominated by a few unfathomably wealthy companies and individuals: rentiers. If a small elite owns today&’s economy, everybody else foots the bill. Nowhere is this divergence starker, Christophers shows, than in the United Kingdom, where the prototypical ills of rentier capitalism—vast inequalities combined with entrenched economic stagnation—are on full display and have led the country inexorably to the precipice of Brexit. With profound lessons for other countries subject to rentier dominance, Christophers&’ examination of the UK case is indispensable to those wanting not just to understand this insidious economic phenomenon but to overcome it.Frequently invoked but never previously analysed and illuminated in all its depth and variety, rentier capitalism is here laid bare for the first time.
Rentier Capitalism and Its Discontents: Power, Morality and Resistance in Central Asia
by Balihar Sanghera Elmira SatybaldievaThis book explains and evaluates today’s economic, political, social and ecological crises through the lens of rentier capitalism and countermovements in Central Asia. Over the last three decades the rich and powerful have increased their wealth and political power to the detriment of social and environmental well-being. But their activities have not gone unchecked. Grassroots activism has resisted the harmful and damaging effects of the neoliberal commodification of things. Providing a much-needed theorisation of the moral economy and politics of rent, this book offers in-depth case studies on finance, real estate and natural resources in Kazakhstan and Kyrgyzstan. The authors show the mechanisms of rent extraction, their moral justifications and legitimacy, and social struggles against them. This book highlights the importance of class relations, state-countermovement interactions and global capitalism in understanding social and economic dynamics in Central Asia. It will be relevant to students and researchers interested in political economy, development studies, sociology, politics and international relations.
Rentz's Student Affairs Practice in Higher Education
by Naijian Zhang AssociatesThe mission of this new fourth edition is to provide the reader with a solid foundation in the historical and philosophical perspectives of college student affairs development; assist the reader in understanding the major concepts and purpose of student affairs' practice, methods, and program models; enable the reader to conceptualize the theme, or the fundamental framework of student affairs administration, its roles and functions in higher education; start the new professional on the journey toward skilled student affairs practice; and facilitate the reader's comprehension of the trends and issues of each respective division of student affairs in higher education. <P> Student affairs administrators will find the 14 chapters in the book, six of which are completely rewritten, very helpful in furthering their understanding of major functions in the field. The first two chapters provide the philosophical and historical tools to clarify assumptions, values, and concerns. The enrollment management chapters on admissions, financial aid, academic advising, and orientation interweave conceptually into one package loosely constructed at some institutions and tightly constructed at others. Residence life, orientation, judicial affairs, career services, student activities, financial aid, and multicultural affairs provide an interesting, united focus on learning and living skills. Chapters on counseling, career services, and health services focus on an integrated, wellness orientation to life. The final chapter examines social justice, student learning, and professionalism. <P> This outstanding text has been designed for both master's and doctoral-level students completing graduate courses in the areas of college student personnel, student affairs, student development, higher education administration, and student affairs counseling. The book is also designed to assist practitioners who may not have sufficient background knowledge in these fields and student affairs professionals who may use the book for continuing professional development.
Renunciation and Untouchability in India: The Notional and the Empirical in the Caste Order
by Srinivasa RamanujamThis volume develops a historically informed phenomenology of caste and untouchability. It explores the idea of ‘Brahmin’ and the practice of untouchability by offering a scholarly reading of ancient and medieval texts. By going beyond the notions of purity and pollution, it presents a new framework of understanding relationships between social groups and social categories. An important intervention in the study of caste and untouchability, this book will be an essential read for the scholars and researchers of political studies, political philosophy, cultural studies, Dalit studies, Indology, sociology, social anthropology and Ambedkar studies.
Reopening Public Facilities AFTER A BIOLOGICAL ATTACK: A Decision Making Framework
by National Research Council of the National AcademiesThe anthrax attacks in fall 2001 spurred an extensive and costly decontamination effort where many decisions had to be made about which sites required cleanup, what method to use, how to determine the effectiveness of the cleanup, and how "clean" the building had to be for reoccupation. As part of a project funded by the U.S. Department of Homeland Security (DHS), and managed by Lawrence Livermore National Laboratory, the National Research Council was asked to consider the criteria that must be met for a cleanup to be declared successful, allowing the reoccupation of a facility. The report finds that efficiently sampling and characterizing a pathogen is critical for choosing the best remediation strategy. However, there should be no universal standard for deciding when a building is safe to re-enter because varying pathogen amounts and characteristics could require different strategies. The report offers a flowchart for decision-makers that includes questions about the characteristics of the pathogen; how far it has spread; whether it is transmissible between humans; and how long it will survive to pose a threat. The report also recommends that a risk-assessment approach be adopted as part of a strategy for achieving a "socially acceptable" standard for cleanup.
Reordering the World: Essays on Liberalism and Empire
by Duncan BellReordering the World is a penetrating account of the complexity and contradictions found in liberal visions of empire. Focusing mainly on nineteenth-century Britain--at the time the largest empire in history and a key incubator of liberal political thought--Duncan Bell sheds new light on some of the most important themes in modern imperial ideology.The book ranges widely across Victorian intellectual life and beyond. The opening essays explore the nature of liberalism, varieties of imperial ideology, the uses and abuses of ancient history, the imaginative functions of the monarchy, and fantasies of Anglo-Saxon global domination. They are followed by illuminating studies of prominent thinkers, including J. A. Hobson, L. T. Hobhouse, John Stuart Mill, Henry Sidgwick, Herbert Spencer, and J. R. Seeley. While insisting that liberal attitudes to empire were multiple and varied, Bell emphasizes the liberal fascination with settler colonialism. It was in the settler empire that many liberal imperialists found the place of their political dreams.Reordering the World is a significant contribution to the history of modern political thought and political theory.
Reordering The World: Geopolitical Perspectives On The 21st Century
by George J DemkoUsing an integrative approach to international relations, the second edition of Reordering the World returns the ?geo? to geopolitical analysis of current global issues. The contributors focus on key emerging world issues, such as spatial data technology, IGOs/NGOs, gender and world politics, boundary disputes, refugee flows, ecological degradation, and UN intervention in civil wars. They also assess the redefinition of international relations by instantaneous, worldwide financial and telecommunication linkages and explore the struggles of new multinational and nongovernmental organizations to define their roles. Using current real-world examples, this group of eminent geographers challenges the reader to rethink international relations and reorder the world political map.
Reorganising Power in Indonesia: The Politics of Oligarchy in an Age of Markets (Routledge/City University of Hong Kong Southeast Asia Series)
by Vedi Hadiz Richard RobisonReorganising Power in Indonesia is a new and distinctive analysis of the dramatic fall of Soeharto, the last of the great Cold War capitalist dictators, and of the struggles that reshape power and wealth in Indonesia. The dramatic events of the past two decades are understood essentially in terms of the rise of a complex politico-business oligarchy and the ongoing reorganisation of its power through successive crises, colonising and expropriating new political and market institutions. With the collapse of authoritarian rule, the authors propose that the way was left open for this oligarchy to reconstitute its power within society and the institutions of newly democratic Indonesia.
Reorganizing Government: A Functional and Dimensional Framework
by Alejandro Camacho Robert GlicksmanA pioneering model for constructing and assessing government authority and achieving policy goals more effectivelyRegulation is frequently less successful than it could be, largely because the allocation of authority to regulatory institutions, and the relationships between them, are misunderstood. As a result, attempts to create new regulatory programs or mend under-performing ones are often poorly designed. Reorganizing Government explains how past approaches have failed to appreciate the full diversity of alternative approaches to organizing governmental authority. The authors illustrate the often neglected dimensional and functional aspects of inter-jurisdictional relations through in-depth explorations of several diverse case studies involving securities and banking regulation, food safety, pollution control, resource conservation, and terrorism prevention. This volume advances an analytical framework of governmental authority structured along three dimensions—centralization, overlap, and coordination. Camacho and Glicksman demonstrate how differentiating among these dimensions better illuminates the policy tradeoffs of organizational alternatives, and reduces the risk of regulatory failure. The book also explains how differentiating allocations of authority based on governmental function can lead to more effective regulation and governance. The authors illustrate the practical value of this framework for future reorganization efforts through the lens of climate change, an emerging and vital global policy challenge, and propose an “adaptive governance” infrastructure that could allow policy makers to embed the creation, evaluation, and adjustment of the organization of regulatory institutions into the democratic process itself.
Reorganizing Popular Politics: Participation and the New Interest Regime in Latin America
by Samuel Handlin Ruth Berins CollierA historic shift has occurred in the organizational structures through which the lower classes in Latin America express voice and find political representation. With the political and economic reforms of the 1980s and 1990s, networks of community-based associations and nongovernmental organizations replaced party-affiliated labor unions as the predominant organizations to which the lower classes turned. This volume examines the new “interest regime” in Argentina, Chile, Peru, and Venezuela through two extensive surveys—one of individuals and one of associations—undertaken in those nations’ capital cities. Contrary to common perceptions, the new interest regime is neither a vibrant, autonomous civil society nor a set of weak, atomized organizations. Participation in associations is generally high, compared to “direct action” as a strategy for pursuing collective interests, and associations more frequently coordinate and engage the state than has sometimes been assumed. However, various forms of interaction with the state pose a classic trade-off between representation and state control, and the new interest regime is marked by representational distortion, in that the lower classes are less likely to use the new structures than the middle classes. Within these general patterns, distinct national models are emerging. This volume represents the most ambitious and systematic effort to date to examine individual participation and associational life in Latin America and to carry out a cross-national analysis of new forms of political representation.
Reorganizing State Government: the Executive Branch
by James L GarnettAlthough state executive branch reorganization has been surrounded by controversy and expense for more than sixty years and has been occurring at an unprecedented rate during the last thirteen, much of our knowledge of it has been anecdotal, fragmentary, conceptually imprecise, and untested, asserts Dr. Garnett. His book contributes conceptual and empirical order to the study of reorganization by analyzing competing and complementary models, evaluating research methodologies, stating hypotheses, and testing those hypotheses with data drawn from more than 150 of the state reorganizations that have taken place in this century. Dr. Garnett addresses three basic questions: Why do state reorganizations occur? How are they conducted? What forms do the reorganized executive branches take? His specific action guidelines for governors and other state officials, agenda for further research, and extensive bibliography will be particularly useful.
Reorganizing U.S. Domestic Intelligence
by Gregory F. Treverton Steven W. Popper Gerald P. Frost Steven C. BankesOne of the questions in the fight against terrorism is whether the United States needs a counterterrorism domestic intelligence agency separate from law enforcement. Drawing on an analysis of current counterterrorism efforts, an examination the domestic intelligence agencies in six other democracies, and interviews with intelligence and law enforcement experts, this volume lays out the relevant considerations for creating such an agency.
REORIENTATION: LEO STRAUSS IN THE 1930s
by Martin D. Yaffe Richard S. RudermanThe first comprehensive effort to examine Strauss's astonishingly wide-ranging writings of the 1930s (some of which have only recently been made available to English-speaking readers, including several herein) with a view to their unifying theme of recovering classical political philosophy.
Reorienting a Nation: Consultants And Australian Public Policy (Routledge Revivals)
by John F. MartinFirst published in 1998, this volume examines how in the 1980s Australian governments experienced dramatic change in the policy-making environment. The use of consultants by successive Hawke Labour governments in the mid-to-late 1980s to facilitate reviews of public policy was a strategy important to dealing with the complexity of these issues. This book shows how the use of policy consultants complements traditional policy-making processes and the management of public policy change by government. In the 1980s Australian governments experienced dramatic and often unprecedented change in policy-making environment. Moves towards market-orientated, 'small' government in a context of worlds economic liberalisation created new and challenging issues for national governments. The use of consultants by successive Hawke Labour governments in the mid-to-late 1980s to facilitate reviews of public policy was a strategy important to dealing with the complexity of these issues. Using insights from a range of public policy literatures, the research investigated the hypothesis that the use of consultants to review important policy areas could be an effective strategy for devising major new directions needed in a context of economic turbulence. In this situation, the book suggests, use of policy consultants complements traditional policy-making processes and the management of public policy change by government.
Reorienting Hong Kong’s Resistance: Leftism, Decoloniality, and Internationalism
by Wen Liu Jn Chien Christina Chung Ellie TseThis book brings together writing from activists and scholars that examine leftist and decolonial forms of resistance that have emerged from Hong Kong’s contemporary era of protests. Practices such as labor unionism, police abolition, land justice struggles, and other radical expressions of self-governance may not explicitly operate under the banners of leftism and decoloniality. Nevertheless, examining them within these frameworks uncovers historical, transnational, and prefigurative sightlines that can help to contextualize and interpret their impact for Hong Kong’s political future. This collection offers insights not only into Hong Kong's local struggles, but their interconnectedness with global movements as the city remains on the frontlines of international politics.
Reorienting the 19th Century: Global Economy in the Continuing Asian Age (Studies In Comparative Social Science Ser.)
by Andre Gunder Frank Robert A. DenemarkAndre Gunder Frank was a path-breaking scholar in several disciplines over an illustrious and contentious 50-year career. First amongst his many important works is the book ReORIENT: Global Economy in the Asian Age, which sought to correct a Euro-centric world view of the development of the global political economy. Frank passed away in April 2005 while working on this new book, a sequel to ReORIENT. In this book Frank shows many of the myths of European industrialisation, hegemony and capitalism which have hidden the fact that Asia remained a serious power not just into the 18th century, as Frank himself argued in 1998, but well into the 19th century as well. When Frank passed away his colleagues rallied to finish this book and it is presented here as his final major statement.