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The current approach to resolving sovereign debt crises does not
work: sovereign debt restructurings come too late and address too
little. Though unresolved debt crises impose enormous costs on
societies, many recent restructurings have not been deep enough to
provide the conditions for economic recovery (as illustrated by the
Greek debt restructuring of 2012). And if the debtor decides not to
accept the terms demanded by the creditors, finalizing a
restructuring can be slowed by legal challenges (as illustrated by
the recent case of Argentina, deemed as "the trial of the
century"). A fresh start for distressed debtors is a basic
principle of a well-functioning market economy, yet there is no
international bankruptcy framework for sovereign debts. While this
problem is not new, the United Nations and the global community are
now willing to do something about it. Providing guidance for those
who intend to take up reform, this book assesses the relative
merits of various debt-restructuring proposals, especially in
relation to the main deficiencies of the current nonsystem. With
contributions by leading academics and practitioners, Too Little,
Too Late reflects the overwhelming consensus among specialists on
the need to find workable solutions.
Joseph Stiglitz is one of the world's greatest economists. He has
made fundamental contributions to economic theory in areas such as
inequality, the implications of imperfect and asymmetric
information, and competition, and he has been a major figure in
policy making, a leading public intellectual, and a remarkably
influential teacher and mentor. This collection of essays
influenced by Stiglitz's work celebrates his career as a scholar
and teacher and his aspiration to put economic knowledge in the
service of creating a fairer world. Toward a Just Society brings
together a range of essays whose breadth reflects how Stiglitz has
shaped modern economics. The contributions to this volume, all
penned by high-profile authors who have been guided by or
collaborated with Stiglitz over the last five decades, span
microeconomics, macroeconomics, inequality, development, law and
economics, and public policy. Touching on many of the central
debates and discoveries of the field and providing insights on the
directions that academic economics could take in the future, Toward
a Just Society is an extraordinary celebration of the many paths
Stiglitz has opened for economics, politics, and public life.
In this edited collection, Joseph Stiglitz and Martin Guzman
present a series of studies on contemporary macroeconomic issues.
The book discusses a set of key lessons for macroeconomic theory
following the recent global financial crisis and explores
unconventional monetary policy in a post-crisis world. This volume
is divided into five parts. The introduction includes keynote
speeches by the Governors of the Bank of Japan and Central Bank of
Jordan. Part one focuses on macroeconomic theory for understanding
macroeconomic fluctuations and crises. Part two addresses the issue
of the measurement of wealth. Part three discusses macroeconomic
policies in times of crises. Finally, part four focuses on central
banking and monetary policy.
With contributions from international scholars, this second volume
by Joseph Stiglitz and Martin Guzman comprises of theoretical,
empirical, and policy-based chapters which carefully utilize theory
and data analysis. Part I focuses on the issues of global
inequality, poverty measurement and security. Part II turns to the
issue of income contingent loans (ICL), where the repayment in any
year depends on the annual income of the individual. These loans
have proven to be an especially effective way of financing higher
education, but there has been experimentation of the use of these
loans in several other areas.
In this edited collection, Joseph Stiglitz and Martin Guzman
present a series of studies on contemporary macroeconomic issues.
The book discusses a set of key lessons for macroeconomic theory
following the recent global financial crisis and explores
unconventional monetary policy in a post-crisis world. This volume
is divided into five parts. The introduction includes keynote
speeches by the Governors of the Bank of Japan and Central Bank of
Jordan. Part one focuses on macroeconomic theory for understanding
macroeconomic fluctuations and crises. Part two addresses the issue
of the measurement of wealth. Part three discusses macroeconomic
policies in times of crises. Finally, part four focuses on central
banking and monetary policy.
This book provides an overview of the current debate over whether a
holder of a patent essential to an industry standard, who has
promised to license such patented technology on fair, reasonable,
and non-discriminatory (FRAND) terms, may nevertheless obtain an
injunction from a federal court or an exclusion order from the
International Trade Commission against infringing products that
implement the industry standard. The book first summarises several
fundamental principles of patent law, then discusses the
relationship between standard-setting organisations and FRAND
licensing. It continues with an explanation of the role and duties
of the International Trade Commission (ITC) and how there are
different legal standards that apply to the award of injunctive
relief in federal courts and in the ITC. Also discussed are the
recent developments relating to standard-essential patents and
FRAND licensing that have occurred in federal agencies responsible
for antitrust enforcement, ITC cases, and congressional hearings.
With contributions from international scholars, this second volume
by Joseph Stiglitz and Martin Guzman comprises of theoretical,
empirical, and policy-based chapters which carefully utilize theory
and data analysis. Part I focuses on the issues of global
inequality, poverty measurement and security. Part II turns to the
issue of income contingent loans (ICL), where the repayment in any
year depends on the annual income of the individual. These loans
have proven to be an especially effective way of financing higher
education, but there has been experimentation of the use of these
loans in several other areas.
La psicoterapia es un proceso de interaccion humana que tiene un
fin culturalmente definido y que posee un conjunto de reglas que lo
enmarcan socialmente. Como en toda interaccion humana, los
participantes regulan verbal y no verbalmente su interaccion para
alcanzar los fines que han acordado. Este libro presenta un estudio
sobre la expresion verbal de la regulacion mutua en un proceso de
psicoterapia, focalizando sobre la interaccion discursiva entre un
paciente y su terapeuta. Utilizando la vision espistemologica y
metodologica del dialogicismo, los resultados obtenidos permitieron
determinar un conjunto de posiciones discursivas que adoptan los
participantes durante el dialogo terapeutico, las que son
conceptualizadas como sujetos discursivos o posiciones subjetivas.
Tales posiciones poseen caracteristicas psicologicas y discursivas
que las identifican y diferencian. Durante el proceso terapeutico
regulan la interaccion entre si y con el otro en el dialogo
terapeutico. Estos hallazgos permitieron generar un modelo sobre el
cambio y rupturas de la alianza terapeutica que iluminan la
discusion sobre las nociones de subjetividad e intersubjetividad
implicitas en el estudio."
Migraciones, conflictos y cultura de paz es un libro de
investigacion cualitativa, multi e interdisciplinaria desde la
perspectiva de los Estudios para la Paz. Aborda la complejidad del
fenomeno migratorio a partir de campos teoricos y analiticos
propios de la comprension investigativa del conflicto, la
no-violencia, la paz imperfecta, la ciudadania universal, los
derechos humanos, los derechos politicos, y las paces como
principios que permiten, en este mar de diversidades nacionales,
etnicas, culturales, politicas y religiosas, actuar pacificamente y
luchar por el disfrute de libertades que toda persona merece. El
volumen es el resultado de los esfuerzos, conocimientos y
reflexiones y propuestas de textos elaborados en el curso
"Migracion y codesarrollo" impartido en el otono 2008 por Eduardo
Andres Sandoval Forero dentro de la Catedra UNESCO de Filosofia
para la Paz en el Programa Oficial de Potsgrado en Estudios
Internacionales de Paz, Conflictos y Desarrollo de la Universitat
Jaume I."
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