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The four-volume Encyclopedia of Global Studies covers the field of global studies and subjects related to it, such as globalization, transnational activity and themes of global society. This encyclopedia is written for the educated general reader as well as students and professionals working in the field of global studies. It is the first encyclopedia of its kind, and aims to become the internationally-recognized reference work for academics, policymakers, and practitioners interested in the various dimensions of globalization. It provides succinct summaries of concepts and theories, definitions of terms, biographical entries, and organizational profiles; offers a guide to sources of information; and establishes an overview of Global Studies in different parts of the world and across cultures and historical periods.  The wide range of subjects covered include the following:
            - intellectual approaches, such as global sociology, political economy, world systems theory, peace and conflict studies, and communications;
            - global and transnational topics, such as cross-border conflicts and terrorism, worldwide health crises and climate disruption, the planetary immigration patterns and new cultural diasporas, and the seemingly boundless global market, rapid communications, and transnational cyberspaces devised by technology and new media.

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The SAGE Encyclopedia of Global Studies
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The four-volume Encyclopedia of Global Studies covers the field of global studies and subjects related to it, such as globalization, transnational activity and themes of global society. This encyclopedia is written for the educated general reader as well as students and professionals working in the field of global studies. It is the first encyclopedia of its kind, and aims to become the internationally-recognized reference work for academics, policymakers, and practitioners interested in the various dimensions of globalization. It provides succinct summaries of concepts and theories, definitions of terms, biographical entries, and organizational profiles; offers a guide to sources of information; and establishes an overview of Global Studies in different parts of the world and across cultures and historical periods.  The wide range of subjects covered include the following:
            - intellectual approaches, such as global sociology, political economy, world systems theory, peace and conflict studies, and communications;
            - global and transnational topics, such as cross-border conflicts and terrorism, worldwide health crises and climate disruption, the planetary immigration patterns and new cultural diasporas, and the seemingly boundless global market, rapid communications, and transnational cyberspaces devised by technology and new media.

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Transitions in technology are shaping, defining and establishing the future of the globalized social sphere with increasing pace and impact. As seen from a systemic viewpoint, the overall process seems to consist of a two-fold movement, in which an outer process of transition is joined by an inner transformational drive. While new social media like Facebook, Twitter, webcams, smartphones and iPads change the outer dimension of how we perceive, interpret and handle our social lives, thus transforming our habits of cultural consumption, contemporary brain and consciousness research are changing the inner dimension of the contemporary social by dramatically re-shaping the self-perception and interpretation of the individual through the findings, cultural distribution and practical applications of neuroscience and neurotechnology, thus questioning the conceptual cornerstones of sociality as conceived by Western modernity. This two-fold argument examines both processes from the inside out and the outside in. As such, the primary task as at now may not be trying to “explain” the meaning(s) of the new developments, but rather to identify an array of crucial questions at the inter- and trans-disciplinary crossroads between the different societal fields, culturo-political trends and scientific disciplines.

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New Global Studies
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From 2007 to 2010, a financial and economic crisis gripped the United States, Europe and the world. 7 million Americans and 2 million Europeans lost their jobs, and 10 million were pushed below the poverty line. Thousands of families lost their homes, and many lost their savings. A global recovery from the effects of the crisis will take years.

As a result of the crisis, social banking and social finance have become important trends among bank customers in Europe. In fact, European social banks are the big winners of the crisis, growing by more than 20% per year and doubling their assets between 2007 and 2010. The crisis transformed social banks from niche institutions to large, publicly visible players. This success is due to the conviction of a growing number of bank customers in Europe that social banking is a less speculative and more responsible, ethical, and community-oriented way to deal with money than traditional banking. In the aftermath of the crisis, many see social banking as less egoistic and more caring for the overall progress of society than mainstream banking. Thus, social banking may provide important lessons for the banking and finance sector as a whole, in order to avoid further crises in the future.

In order to see what can be learned from social banking, let us first take a look at what social banking is; second, review the most important social banks today; and third, examine lessons from the success of social banks.

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SPICE Digest
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Fyodor Lukyanov is editor-in-chief of the journal Russia in Global Affairs, published in Russian and English with the participation of Foreign Affairs magazine. He has an extensive background in different Russian and international media, in which he worked from 1990 to 2002 as a commentator on international affairs.

Lukyanov now widely contributes to various media in the US, Europe and China. His monthly "Geopolitics" column appears in the Russian edition of Forbes magazine. He is a member of the Presidium of the Council on Foreign and Defense Policy, an independent organization providing foreign policy expertise and also a member of the Presidential Council on Human Rights and Civic Society Institutions.

http://creees.stanford.edu/events/DallinLectures.html

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Fyodor Lukyanov Editor-in-Chief Speaker Russia in Global Affairs
Lectures
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Ronald I. McKinnon is an applied economist whose primary interests are international economics and economic development-with strong secondary interests in transitional economies and fiscal federalism. Understanding financial institutions in general, and monetary institutions in particular, is central to his teaching and research. His interests range from the proper regulation of banks and financial markets in poorer countries to the historical evolution of global and regional monetary systems. His books, numerous articles in professional journals, and op-eds in the financial press such as The Economist, The Financial Times, and The Wall Street Journal reflect this range of interests.

 

 

Event Summary

Professor McKinnon first outlines the two major assumptions behind his paper (available on this page). First, that from December 2008 to August 2011, an inflow of "hot money" to emerging economies resulted from low U.S., European, and Japanese interest rates. Since then, the trend has reversed in the wake of the European banking crisis and bank lending has fallen. Second, the dollar remains the widespread central bank reserve currency despite instability in the U.S. system. 

 

McKinnon voices concern about Federal Reserve Chairman Ben Bernanke's zero interest rate policy, calling it an overreaction to the crisis and a "lose-lose" policy as it deters investment in the U.S. while simultaneously spurring destabilizing hot money flows to surrounding emerging markets. These countries are in turn forced to suppress interest rates to mitigate the inflows, and to build up dollar reserves to keep exchange rates in check. The zero interest rate policy also stimulates carry trades in commodities by speculators.

 

The belief that under a zero interest rate regime, inflation will stimulate the economy by bringing real interest rates to negative levels, is misplaced in McKinnon's view. He argues that this simply adds uncertainty and interferes with efficient bank intermediation, as banks hold high excess reserves and tighten lending, causing a procyclical contraction as has been seen in the United States and Europe. He contrasts this approach with China, which stabilized its economy following the “dot-com” bust by expanding rather than contracting bank credit. He criticizes U.S. pressure on China to appreciate or float its currency, asserting that these strategies would fail to reduce China's trade surplus.

 

McKinnon suggests that international reforms should target interest rates instead of exchange rates.  He recommends coordination between central banks of the major industrialized countries, especially the United States, European countries, and Japan - to collectively raise interest rates to approximately 2%. This would improve overall bank intermediation, and would benefit both central and peripheral countries in Europe.

 

A question and answer session following the talked addressed topics including: the likelihood of a coordinated effort between central banks; the potential effects of Kucinich's monetary reform proposal; the potential negative effects on real growth from carry trades, and whether this is a cause for concern; and the effects of bank borrowing trends in Europe on the European monetary system.

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Ronald I. McKinnon William D. Eberle Professor of International Economics (Emeritus) Speaker Stanford University
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Recognizing the political consequences for Europe of Muslim immigration, and relying on a novel identification strategy, this paper investigates why Muslim assimilation into French cultural norms is incomplete, and provides experimental and survey evidence that reveals the low expected payoffs that Muslim immigrants in France receive for full assimilation. While the data show that rooted French people initially distrust Muslims (compared to a matched set of Christians)  in part due to their unwillingness to fully assimilate, the real source of Muslim reluctance to fully assimilate is their perception that in anonymous transactions (i.e., through French institutions) they will always be perceived as foreign and face discrimination.

Workshop paper is available to Stanford affiliates upon request by email to khaley@stanford.edu

David Laitin is the James T. Watkins IV and Elise V. Watkins Professor of Political Science at Stanford University. He received his B.A. in Political Science from Swarthmore College and his Ph.D. in Political Science from the University of California, Berkeley. His research interests include comparative politics, nation-state formation, ethnic conflict, and religion. Among his publications are Politics, Language and Thought: The Somali Experience (1977), Hegemony and Culture: Politics and Religious Change among the Yoruba (1986), Language Repertoires and State Construction in Africa (1992), Identity in Formation: The Russian-Speaking Populations in the Near Abroad (1998), and Nations, States and Violence (2007). Prof. Laitin has been a recipient of fellowships from the Howard Foundation, the Rockefeller Foundation, the Guggenheim Foundation, and the Russell Sage Foundation. He is an elected member of the American Academy of Arts and Sciences and the National Academy of Sciences.

 

Event Summary

Professor Laitin opens the seminar by providing background on the research project that motivated the paper. This examined: whether Muslim immigrants in France faced unique social and economic barriers; the source of the barriers; and whether French republicanism exacerbated or lessened the barriers. He provides a brief summary of studies examining the first and third points, but the focus of his talk was on the second point: if there are higher barriers for Muslims, who is building them?

Professor Laitin then describes the study his research team carried out on a Senegalese population in France for 15 years, drawing on equal-sized groups of Muslims and Christians from similar social and economic conditions. Through a series of games and surveys, the team observed that within Senegalese Muslims in France, certain groups assimilate more than others, and those that assimilate less are treated worse by French individuals and institutions. Many of the Muslims expected to be treated less generously by French individuals, and reported more experiences of discrimination from French institutions, which Professor Laitin's team found was more difficult to overcome than individual discrimination. This group also exhibited stronger financial ties (measured by investments and remittances sent to Senegal from France) and emotional ties (measured by desire to be buried in Senegal rather than France after death). The results of the study are used to provide a series of decision rules and reward matrixes for incoming Senegalese Muslims, including the likelihood of penalties and rewards for assimilation, such as giving children French names.

During a discussion period following the presentation, such questions were raised as: Do the results of the study have more to do with the respondents being Muslim, or simply not being French - or, do other ethnic or religious groups have the same problems assimilating into French Catholic society? Is the example of preferences for burial locations more about ties to Senegal than lack of ties to France? How much of the effect is due to being black rather than Muslim? Will the results of the study change as the Muslim population in France increases? What has been the reception in France to the prohibition of collecting ethnographic data? Why is "incomplete assimilation" framed as a "response" to the discrimination - is it a choice or is it just the way things are? Where does the fault lie in the discrimination reported in the survey?

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Department of Political Science
Stanford University
Encina Hall, W423
Stanford, CA 94305-6044

(650) 725-9556 (650) 723-1808
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James T. Watkins IV and Elise V. Watkins Professor of Political Science
laitin.jpg PhD

David Laitin is the James T. Watkins IV and Elise V. Watkins Professor of Political Science and a co-director of the Immigration Policy Lab at Stanford. He has conducted field research in Somalia, Nigeria, Spain, Estonia and France. His principal research interest is on how culture – specifically, language and religion – guides political behavior. He is the author of “Why Muslim Integration Fails in Christian-heritage Societies” and a series of articles on immigrant integration, civil war and terrorism. Laitin received his BA from Swarthmore College and his PhD from the University of California, Berkeley.

Affiliated faculty at the Center for International Security and Cooperation
Affiliated faculty at The Europe Center
David Laitin Speaker
Seminars
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Joan Casanovas will provide an analysis of the evolution of the current Spanish economic crisis and the way this crisis is presented by the media. The focus will be on Spain's financial solvency and that of its financial institutions, as seen by someone who has been immersed in the situation from the outset.

A recent article about Spain's economic crisis can be found in the Oct. 20th NY Times article, "As Spain Faces a Possible Recession, Criticism of Its Central Bank is Growing"

The RSVP deadline has been extended to Monday, April 30th.

CISAC Conference Room

Joan Casanovas Arbó CFO (ret.) Speaker Grupo Catalana Occidente
Seminars
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Roland Hsu, Associate Director of The Europe Center at the Stanford Freeman Spogli Institute for International Studies was interviewed by the Media Project on the subjects of The Europe Center's research, and its sponsorship of the United Nations Association International Film Festival.  Hsu was asked to discuss the research and policy implications of the subjects of key films in this year's international documentary film festival.  Among the subjects that Hsu underlines:

International Law and Human Rights: The International Criminal Court and the challenges and strategies of the Court's Chief Prosecutor Luis Moreno Ocampo to bring indictments for crimes against humanity -- even indictments of sitting sovereign leaders.

Cultural Minority Rights: Roma communities in Europe (east and west) and the struggle among political and community leaders, as well as residents and school teachers, to balance the preservation and perpetuation of cultural specificity with the need for adaptation and assimiliation.

Reconciliation: how do victims and perpetrators of atrocities and social repression find ways to process their memories, and to live on as neighbors in reconciled community.  Models for such deep truth and reconciliation include the well-known institutions of Truth & Reconciliation Commissions, and also the mediating influence of cultural production in literature and the visual arts.

Among the research and public outreach projects at The Europe Center discussed by Hsu was “Islam in the West: Conflict and Reconciliation” designed to answer the challenge of social and political integration within the high immigration West.  With an effective focus on the European Union and the transatlantic West, The Europe Center is opening a seminar series on “Islam and the West” with partner The Abassi Program in Islamic Studies (Stanford) and European partners including Oxford University, which seeks to investigate the challenges of social integration.  "The design is based on our years of achievement in this area, delivering insight on EU policy towards its newest members, East-West and transatlantic relations, crime and social conflict, and European models of universal citizenship," says Hsu.

The plan for this series began with the book Ethnic Europe: Ethnicity in Today’s Europe: Mobility Identity, and Conflict in a Globalized World” (edited and with an essay by Roland Hsu.)  Hsu explains, "This book was developed from the Center’s international conference on the topic, and reveals path breaking data and proposals for immigration, integration, and a ‘civic Islam’ in a globalizing Europe."

 
The full interview with additional participants is at: http://www.youtube.com/watch?v=5R17XBFnumY


The United Nations Association Film Festival is at: http://www.unaff.org/2011/index.html

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