Japan s Political Tremors

Why should this historic event cause such political upheaval?

When Obama discussed the Arab political upheavals, he noted the importance of economic development.

Witness the upheaval in North Africa and the Middle East.

Moreover, external shocks, policy mistakes, and political instability could disrupt even the best laid plans.

Egypt is entering a new era. But the radical policy upheavals predicted by analysts will prove to be small tremors. Saudi interests will continue to weigh heavily on Egyptian foreign policy.

The Reformation and the political and religious turmoil that ensued largely checked the building of new churches until the turn of the 18th century.

Financial Gain, Economic Pain

These shocks were naturally beyond the ECB s control.

Egypt is entering a new era. But the radical policy upheavals predicted by analysts will prove to be small tremors. Saudi interests will continue to weigh heavily on Egyptian foreign policy.

It is the shock, not the adjustments to it, that spreads throughout the system.

The real test is a political system's ability to survive the inevitable cyclical downturns, political shocks or social upheavals that almost inevitably challenge a country, particularly developing ones.

Consequently, external shocks quickly expose their vulnerability.

The shock rendered Tom speechless.

Globalization exposes a country to enormous shocks.

Third, financial shocks will be worse than expected. At some point, investors will realize that bank losses are massive, and that some banks are insolvent.

Third, more severe climate shocks may lie ahead.

Third, financial shocks will be worse than expected.

Sooner or later, she'll get over the shock.

Political affairs

Political prisoners

Political demands

Political systems

Political scandals

Instead, emerging markets are suffering financial convulsions of possibly historic proportions.

The policy implications are clear.

Special political missions

Elsewhere, of course, this sort of turmoil has democratic safety valves.

When shocks to the system occur, agents do not know what will happen next.

Nor does time cushion anemic post crisis recoveries from the inevitable next shock.

Today, the revolutions rocking much of the Muslim world are bedeviled by Islam s military past.

Animal spirits are not always shattered by extraordinary economic events. But then, not all economic convulsions are alike.

European experience suggests that large scale systemic shocks call for greater financial support.

But a side effect of the fall in GDP is a strong decline in imports and thus a strong improvement in the current account, which is why the risk premium continues to fall, despite the political turmoil unleashed by the country s inconclusive recent election.

There would also be political problems.

The Politics of Psychiatry

Political parties oh boy.

The Political Consequences of Financial Crises

Turkey s Politics of Peace

Political prisoners in Iran

It also includes creating the regulatory and institutional framework that markets require to function well, providing necessary public goods and guaranteeing the fairness of rules.

External shocks brought about by climate change will directly affect advanced economies.

Big bangs in institutional reform, however, may generate more harm than good.

Having spent the greater part of his early life in the twilight of Nero's reign, his formative years would have been strongly influenced by the political turmoil of the 60s, culminating with the civil war of 69, which brought his family to power.

Political arrangements are somewhat more problematic.