North and South: A Regional Model of the UK

Open Economies Review - We set up a two-region model to study the policy challenge of bringing the North’s income up to the level of the South in the UK. The model focuses on labour costs as...     

NATO/US false-flag attacks in Europe

False flag operations are acts of deception carried out by government officials to blame other countries or political groups for an attack against the nation with the aim of stirring up a desire for retribution against the supposed perpetrator. Since the effectiveness of a false-flag operation depends on preventing the truth from becoming widely known, it is impossible to know how often such operations have been carried out. Nevertheless, some historical events have been revealed in time, so we can better understand how they operate. The focus here is on false-flag operations in Western Europe and Turkey, carried out as part of the Gladio program during the Cold War under the supervision of the CIA. In each case, the CIA persuaded NATO members to recruit right-wing operatives to engage in terrorist actions and then blame the resulting deaths on left-wing groups, mostly communists. In this way, the United States used deception and terror to prevent communists from gaining power in Europe after World War II.     

BRETTON WOODS II STILL DEFINES THE INTERNATIONAL MONETARY SYSTEM

Abstract.  In this paper we argue that net capital inflows to the USA did not cause the financial crisis that now engulfs the world economy. A crisis caused by such flows has been widely predicted but that crisis has not occurred. Indeed, the international monetary system still operates in the way described by the Bretton Woods II framework and is likely to continue to do so. Failure to properly identify the causes of the current crisis risks a rise in protectionism that could intensify and prolong the decline in economic activity around the world.     

Evaluating impacts of institutional reforms on port efficiency changes: Ownership,corporate structure,and total factor productivity changes of world container ports

This paper evaluates how port institutional reforms influenced efficiency gains between 1991 and 2004. We constructed a panel data for port ownership, corporate structure, and port inputs and outputs for 98 major world ports, and we implemented the Malmquist Productivity Index (MPI) model. The MPI provides efficiency measures for input combinations that allow for obtaining the outputs in the presence of institutional reforms, ownership changes, main agent problems, technological progress, efficient scale growth, and many other reasons for efficiency and the lack of it. The results illustrate that ownership restructuring contributed to total factor productivity gains. The restructuring induced optimized operation of container terminals, especially for large ports, as it allowed specialized private entities to concentrate on terminal operation and cargo handling services.     

When Hosts Become Guests: Return Visits and Diasporic Identities in a Commonwealth Eastern Caribbean Community

The broad intent of this paper is to further contribute to the existing literature that addresses VFR tourism. It suggests that the return visit may ultimately be positioned as a form or type of travel within the larger category of VFR tourism, but a form or type that has built within it a more clear understanding of historic and social contexts and processes. The other broad intent of the paper is to highlight the importance of the relationship between the returning visitor, originating from diasporic communities abroad, and the host community as a stage for the negotiation of identities. The return visit is shown to reflect such underlying processes yet continue to incorporate aspects of individual motivation, which when taken together demonstrate the fluidity of diasporic spaces and transnational identity structures. Using data obtained from ethnographic fieldwork among social networks within the Commonwealth Eastern Caribbean community in Toronto, Canada, it is suggested that return visits are used to retain social histories and contextualise social and cultural backgrounds after migration. The implications for VFR tourism and the relationship between diasporas, transnationalism and tourism are discussed, as is a conceptual model of the return visit.