Economics and Globalization

The Next Banking Crisis Will Not Be in the Middle East

A budding financial crisis perpetually loiters around the modern global economy. Crises in banking sectors — a subset (and often a harbinger) of a broader financial crisis — have shocked developing and advanced countries alike for decades with increasing frequency. In their notable book, This Time is Different: Eight Centuries of Financial Folly, authors Carmen Reinhart and Kenneth Rogoff survey the causes and consequences of banking crises across the globe but spend little time going over banking crises in Middle East and North African (MENA) countries.

Taxes and Trust: From Coercion to Compliance in Poland, Russia, and Ukraine

Taxes and Trust is the first book on taxes to focus on trust and the first work of social science to concentrate on how tax policy actually gets implemented on the ground in Poland, Russia and Ukraine. It highlights the nuances of the transitional Ukraine case and explains precisely how and why that 'borderland' country differs from the more ideal-types of coercive Russia and compliance-oriented Poland.

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