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Full-Text Articles in Political Science

The Shadow Banking System In The United States, Bhakti Joshi Oct 2014

The Shadow Banking System In The United States, Bhakti Joshi

All Dissertations, Theses, and Capstone Projects

In 2008 the United States suffered a devastating economic collapse. Millions of Americans were unemployed; families lost their homes; and long time businesses were forced to shut down. These events put the United States into an economic depression so deep that the country has yet to fully recover. The crisis was not a natural disaster but varieties of private sector agents such as banks and hedge funds were responsible for its efficient cause. Even though the housing and stock bubbles were generated largely by market forces rather than by government policies, the US government policies and institutions also played a ...


The New Capitalism: Asia And The Future Of Business, Government, And Society, Ann Florini, Bindu Sharma May 2014

The New Capitalism: Asia And The Future Of Business, Government, And Society, Ann Florini, Bindu Sharma

Research Collection School of Social Sciences

To have a conversation, the appropriate language is needed. The language is just starting to emerge in both Asia and the West for one of the most important conversations the world is now having—the discussion about the future of business and capitalism. Thailand’s King Bhumibol refers to the sufficiency economy. Harvard’s Michael Porter speaks of shared value. Ellen MacArthur’s eponymous foundation supports the transition to the circular economy. John Elkington proposes breakthrough capitalism. Bhutan’s call to measure progress by gross national happiness (GNH), rather than the narrow metric of gross domestic product (GDP), is now ...