In 1989 news broadcasts all over the world were dominated for weeks by images of East Germans crossing the Berlin Wall to West Germany. But what did the East Germans expect to find when they excitedly broke through the Wall? And what did they actually find when they made it over to the other side? This study draws on fifteen months of research into both the lives of East Germans before the fall…
Never before in history was the interaction between people and their natural environment as complex and problematic as it is today. A proliferation of scientific research has yielded valuable insights into various aspects of this interaction from the angle of many disciplines - the natural sciences, the social sciences, archaeology and history, ecological studies. The diversity of approaches ha…
Hindu devotional traditions have long been recognized for their sacred geographies as well as the sensuous aspects of their devotees’ experiences. Largely overlooked, however, are the subtle links between these religious expressions. Based on intensive fieldwork conducted among worshippers in Bengal’s Navadvip Mayapur sacred complex, this book discusses the diverse and contrasting ways in w…
In 2001, goodwill amortization in the US was eliminated in favor of an impairment-only approach, which, according to critics, gives managers vast discretion and opportunities for earnings management. Prior research suggests that discretionary asset write-offs are associated with economic factors and managers’ financial reporting objectives. Based on a systematic literature review, this study …
The German pension system was the first formal pension system in the world, designed by Bismarck nearly 120 years ago. It has been very successful in providing high and reliable pension levels at reasonable contribution rates. While the generosity of the German pension system is considered a great social achievement, negative incentive effects of past reforms in the 1970s and 1980s and populati…
This book develops a new theoretical approach to the explanation of systemic financial crises in industrial and emerging market countries. In contrast to standard models, the present cyclical approach is consistent with the following three stylized facts. Firstly, systemic financial crises are a recurrent phenomenon generally accompanied by excessive boom-bust cycles. Secondly, the frequency of…
In January 1995, four Latin American countries, Argentina, Brazil, Uruguay and Paraguay joined their destinies within a common and ambitious enterprise called MERCOSUR. MERCOSUR, the Common Market of the South, represents an important economic integration area that generates a GDP of $US 600 billion, providing a market of 200 million people spread over an area of 12 million square km. Initially…
The essays of this book are contributions to the empirical Literature in International Trade and Public Economics. They deal with the relationship between the structure and quality of the public sector and the process of economic integration. Two of the essays add to the empirical determinants of trade and foreign direct investment (FDI) and to the numerous applications of the theory of governm…
European politics has provided clear signals: the next round in the process of EU enlargement with the accession of the Central and Eastern European countries (CEEC) will come. Since expectations concerning the costs and benefits of integration are varied, it is our aim to contribute to this discussion by undertaking an empirical assessment of integration. Firstly the extent of potential free l…
The empirical analysis of poverty over time is still severely constrained by the available survey data in developing countries. In the past, this has led to a neglect of certain aspects of poverty dynamics or even biased assessments of poverty dynamics. This book explicitly takes into account the present data limitations, proposing alternative methods for the empirical analysis of poverty dynam…