Measuring Debt Risk during Financial Crisis | Chapter 1 | Business, Management and Economics: Research Progress Vol. 8

The global financial crisis affected many developing countries in different ways. This affected risky portfolios adversely, forcing many investors to incur losses. Financial institutions, specifically banks and small businesses, have encountered difficulty in sustaining their ability to remain stable during the financial crisis. During this period most scholars addressed the cause and risk of financial turbulence but very few studies identified the cost of debt and risk of financial turbulence. The objective of this study is to enhance the Mahalanobis model to include the measurements of cost of debt when measuring financial turbulence which essentially has an impact on the stock market. The data collected in respect of the South African Reserve Bank (SARB) and Statistics South Africa (SAS) identifies the correlation of financial turbulence in banks as well as small businesses and analyses and interprets the relationship between total liquidation of companies and total assets of banks.  The crisis affected markets differently, but they all had the same results of low cash movement that resulted in a decrease in money supply that resulted in financial turmoil.

 

Author (s) Details

 

Keabetswe Ramantshane
School of Business Leadership (SBL), University of South Africa (UNISA), Pretoria, South Africa.

 

Please see the book here:- https://doi.org/10.9734/bpi/bmerp/v8/88

Forging New Urban Policies for the 21st Century | Chapter 2 | Modern Advances in Geography, Environment and Earth Sciences Vol. 6

 As mankind enters what has been dubbed the Anthropocene Age and the Urban Age, we must be globally aware of how we may successfully establish a sustainable urbanity. While our various national political systems have taken a number of actions to combat global warming and other aspects of sustainability, these actions have clearly been insufficient, so the focus of this article is on what cities and their governments, which contain the vast majority of our planet's population and economic products, can do to bring about enlightenment. To do this, planners will need to develop both environmental and economic sustainability models, as well as governance, quality of life, and urban planning models that promote both urban and environmental sustainability. The goal of this article is to uncover the interconnected solutions that our metropolitan regions can use to become truly sustainable cities. The creation of a new shared economy to replace global laissez-faire capitalism's current dominance, the need to establish democratic urban governance globally, to prioritise quality of life over GDP growth, and the establishment of urban planning and design guidelines will pave the way for global sustainability of our common human heritage into our collective, global future.

Author (S) Details

Glenn Robert Erikson
City University of New York (CUNY), USA.

View Book :- https://stm.bookpi.org/MAGEES-V6/article/view/3849

Forging New Urban Policies for the 21st Century | Chapter 11 | Modern Advances in Geography, Environment and Earth Sciences Vol. 5

 As mankind enters what has been dubbed the Anthropocene Age and the Urban Age, we must be globally aware of how we may successfully establish a sustainable urbanity. While our various national political systems have taken a number of actions to combat global warming and other aspects of sustainability, these actions have clearly been insufficient, so the focus of this article is on what cities and their governments, which contain the vast majority of our planet's population and economic products, can do to bring about enlightenment. To do this, planners will need to develop both environmental and economic sustainability models, as well as governance, quality of life, and urban planning models that promote both urban and environmental sustainability. The goal of this article is to uncover the interconnected solutions that our metropolitan regions can use to become truly sustainable cities. The creation of a new shared economy to replace global laissez-faire capitalism's current dominance, the need to establish democratic urban governance globally, to prioritise quality of life over GDP growth, and the establishment of urban planning and design guidelines will pave the way for global sustainability of our common human heritage into our collective, global future.

Author (s) Details

Glenn Robert Erikson
City University of New York (CUNY), USA.

View Book :- https://stm.bookpi.org/MAGEES-V5/article/view/2412

Commentary on the Downside of Capitalism | Chapter 03 | New Horizons in Education and Social Studies Vol. 9

For all, the American Dream does not always turn out the same way. If everyone had an equal chance at the pathways that lead to prosperity, skewed perceptions of human resources may not be as harmful to certain individuals and groups, but not everyone does. A person's relative success can be determined by examining several aspects of his or her life, but we have a tendency to associate success with wealth.

Author (s) Details

Professor Carol Apt
Claflin University, Orangeburg, South Carolina, USA.

View Book :- https://stm.bookpi.org/NHESS-V9/issue/view/52

Monitoring the Upgraded Democracy Adjusted for the 21st Century | Chapter 5 | New Horizons in Education and Social Studies Vol. 7

 The author explores how Democracy, the world's leading system of government, blends with the immense changes that have occurred in the world in the 21st century. Technology induces many changes that have often arisen before individuals and their organisations are able to digest them and competently. The author proposes several approaches and models to help nations carry out the initiative to revise and develop their running systems. The author offers a two-aspect methodology, built from conceptual and psychological approaches, to carry out this task. They are: the philosophical side of the brain-the objective way of thought, and the psychological approach, reflecting the emotions of the inner self-the emotional strategy against real events. This two-aspect approach allows one to evaluate and understand political affairs as well. The principal path and the political establishment objectives would remain elusive and vague without a general philosophical observation. The motives, motors, and human concerns can not be appreciated without a psychological awareness of the participants, both leaders and followers. The picture acknowledged and the information gained are much more complete and important by using these two complementary approaches.

Author(s) Details

Amos Avny

Omnidev International, Yehud, Israel.

View Book :- https://bp.bookpi.org/index.php/bpi/catalog/book/357