By partitioning quoted depth into the specialist's contribution and the limit order book's contribution, the paper investigates whether specialists manage quoted depth to reduce adverse selection ...risk. The results show that both specialists and limit order traders reduce depth around information events, thereby reducing their exposure to adverse selection costs. Moreover, specialists' quotes may reflect only the limit order book on the side (or sides) of the market where they believe there is a chance of informed trading. Changes in quoted depth are consistent with specialists managing their inventory as well as having knowledge of the stock's future value.
An incisive analysis of the use of the press for propaganda purposes during conflicts, using the first Gulf War and the intervention in Kosovo as case studies.
As the contemporary analysis of ...propaganda during conflict has tended to focus considerably upon visual and instant media coverage, this book redresses the imbalance and contributes to the growing discourse on the role of the press in modern warfare.
Through an innovative comparative analysis of press treatment of the two conflicts it reveals the existence of five consistent propaganda themes: portrayal of the leader figure, portrayal of the enemy, military threat, threat to international stability and technological warfare. As these themes construct a fluid model for the analysis and understanding of propaganda content in the press during conflicts involving British forces, they also provide the background against which the author can discuss general issues regarding propaganda. Amongst the issues which have become increasingly relevant to both recent academic debate and popular culture, the author tackles the role of the journalist in war coverage, the place of the press in a news market dominated by ‘instant’ visual media and the effectiveness of propaganda in specific cultural and political context.
This book will appeal to advanced students and researchers in war studies, media studies/propaganda and psychology.
The article discusses the evolution of the Palestinian community in Kuwait in the wake of the 1948 War. The demand for skilled labour facilitated the gradual integration of the Palestinians into ...Kuwaiti society, especially in the education system and state institutions. In this regard the article examines the role of education and students in creating personal and political socio-economic networks. The relatively liberal political atmosphere in Kuwait during its years of development transformed it into a hotbed for Palestinian political activism. This trend continued up to the 1991 Gulf War, when Yasir Arafat's support of Saddam Husayn in that wa, caused the fall from grace of the Palestinians in Kuwait. This ended the central role that the Palestinians played in the historical process of Kuwait state building. Following the death of Arafat the PLO began to seek reconciliation with Kuwait. At this timely moment in the history of relations between these two communities, the article sheds light on these efforts.
The Art of Making Peace van Hoogstraten, Steven; Schrijver, Nico; Spijkers, Otto ...
2016
eBook
This unique volume looks at international peace treaties, at their results, effects and failures. It reflects the outcome of an international conference held in the Peace Palace (The Hague) on the ...occasion of the Centenary of this institution, which opened its doors on the eve of World War I.
Common and destructive, limited wars are significant international events that pose a number of challenges to the states involved beyond simple victory or defeat. Chief among these challenges is the ...risk of escalation—be it in the scale, scope, cost, or duration of the conflict. In this book, Spencer D. Bakich investigates a crucial and heretofore ignored factor in determining the nature and direction of limited war: information institutions.Traditional assessments of wartime strategy focus on the relationship between the military and civilians, but Bakich argues that we must take into account the information flow patterns among top policy makers and all national security organizations. By examining the fate of American military and diplomatic strategy in four limited wars, Bakich demonstrates how not only the availability and quality of information, but also the ways in which information is gathered, managed, analyzed, and used, shape a state's ability to wield power effectively in dynamic and complex international systems.Utilizing a range of primary and secondary source materials, Success and Failure in Limited War makes a timely case for the power of information in war, with crucial implications for international relations theory and statecraft.
This volume of the Official History of Australian Peacekeeping, Humanitarian and Post-Cold War Operations is the first comprehensive study of Australia's role in the peacekeeping and peace ...enforcement operations that developed at the end of the Cold War. It recounts vital missions including Namibia (1989-90), Iran (1988-90) and Pakistan/Afghanistan (1989-93), and focuses primarily on Australia's reaction to Iraq's invasion of Kuwait in 1990, including its maritime interception operations, and its controversial participation in the 1991 Gulf War. With exclusive access to Australian Government records and through extensive interviews, David Horner explains the high-level political background to these activities and analyses the conduct of the missions. He brings to life the little-known, yet remarkable stories of many individuals who took part. This is an authoritative and compelling history of how members of the Australian Defence Force engaged with the world at a crucial time in international affairs.
Marching as to war Desnoyers-Colas, Elizabeth F
2014., 2014, 2014-05-22
eBook
Since the American Revolution, African American women have served in every U.S. military conflict. Despite this dedicated service to their country, very little empirical research has been published ...regarding African American servicewomen, including those who have served in the Gulf Wars. Seen through the eyes of eleven African American servicewomen, this book explores issues such as health care, child care, sexism/sexual harassment, racism, religion, military promotions/career advancement, and serving in combat zones. Their stories illuminate the types of professional, sociological, and interpersonal experiences black servicewomen have encountered during their time in the Gulf Wars.
As the US-led coalition forces were bombing Baghdad in 1991, the prominent Iraqi ceramist Nuha al-Radi began writing a diary in English, which now represents, as a book titled Baghdad Diaries (1998 ...2003), a valuable document about what the ordinary civilians went through during a
war in which they had no say. While the diary demonstrates the horrible human losses, material damages and environmental degradation inflicted by a savage war, it also reveals the fear of living under an oppressive dictatorial regime. The diary becomes a nuanced, carefully coded message, defying
the double tyrannies of a genocidal, rogue regime that brutalizes its people and an arrogant superpower that so callously harms a helpless, hapless population. As well, al-Radi, with the prescience of an artist, anticipates the future horrors that befall Iraq after yet another war in 2003,
launched by the same superpower. In this respect, I query Gayatri Chakravorty Spivak's argument that 'literature cannot predict, but it may prefigure'. Moreover, by exposing the hypocrisy and illogic of war and by organically extrapolating her own suffering during the war
and in exile with the collective agonies of an entire nation, al-Radi expands the boundaries of the diary by transcending the solipsistic pitfalls with which the genre might tempt the diarist: she politicizes the hardships and emotions of the personal and endows the intimacy of the private
with a public significations. The expansive contexts embracing Baghdad Diaries (1998 2003) thus demonstrate the genre's validity, versatility and open possibilities.
This paper develops and empirically examines a model of relative productivity differences both within and across industries for small open economies. We decompose the effect of industry productivity ...on export performance into direct effect of own-firm productivity and an indirect effect of higher peer-firm productivity. In a sample of Chilean and Colombian plants, we find evidence of both a positive direct effect and a negative indirect effect. The empirical evidence supports our theoretical prediction that industryspecific factors of production and asymmetric substitutability between domestic and foreign varieties drive the negative indirect effect. Ce mémoire développe et examine empiriquement un modèle des différences de productivités relatives, á la fois á l'intérieur et entre les industries, pour des petites économies ouvertes. On décompose l'effet de la productivité industrielle sur la performance du secteur des exportations en un effet direct de la productivité de la firme particulière, et un effet indirect de la productivité des autres firmes dans l'industrie. Dans un échantillon d'établissements au Chili et en Colombie, on découvre á la fois un effet direct positif et un effet indirect négatif. Le travail empirique supporte les prédictions théoriques á savoir que les facteurs de production spécifiques á l'industrie et la substituabilité asymétrique entre les variétés domestiques et étrangères de produits sont au fondement de cet effet indirect.
