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Those with political connections unfairly gained large wealth, which has discredited privatization in these regions. While media have reported widely the grand corruption that accompanied the sales, studies have argued that in addition to increased operating efficiency, daily petty corruption is, or would be, larger without privatization and ...
The value of an intersectional approach on oppression is to see how different forms of oppression intersect with each other and with the privileges held by others. Racial, economic, class-based, religious, gender-based, authoritarian, and social oppression in general often intersect in many different ways and co-exist with opposited forms of ...
The 2012–2013 Cypriot financial crisis was an economic crisis in the Republic of Cyprus that involved the exposure of Cypriot banks to overleveraged local property companies, the Greek government-debt crisis, the downgrading of the Cypriot government's bond credit rating to junk status by international credit rating agencies, the consequential inability to refund its state expenses from the ...
Families evicted to make way for dams, power plants or other big projects must be resettled and their livelihoods restored. Key Findings Over the last decade, projects funded by the World Bank have physically or economically displaced an estimated 3.4 million people, forcing them from their homes, taking their land or damaging their livelihoods.
The purpose of these two 1980s-era programs was "so that there was no way you could 'double dip' into both a federal pension and Social Security," explains Jill Schlesinger, CBS News business analyst.
Each department and agency has a contingency plan to determine which employees must keep working without pay. The 2018-2019 shutdown furloughed roughly 800,000 of the federal government's 2.2 ...
Karl Marx's three volume Capital: A Critique of Political Economy is widely regarded as one of the greatest written critiques of capitalism. [citation needed]Criticism of capitalism typically ranges from expressing disagreement with particular aspects or outcomes of capitalism to rejecting the principles of the capitalist system in its entirety. [1]
The economic shocks caused by the events of 1989, in retrospect, had only a minor and temporary effect on China's economic growth. Indeed, with many previously aggrieved groups now regarding political liberalisation as a lost cause, more of their energy was spent on economic activities. The economy would quickly regain momentum into the 1990s ...