Foreign exchange interventions in a small emerging market: the case of Croatia

This paper studies the impact of daily official foreign exchange interventions on the exchange rates in Croatia for the period from 1996 to 2004. Using the event study methodology and a variety of GARCH models reveals that the Croatian central bank was in a position to influence, to some extent, the level of the exchange rate during the period studied. This lends support to the view that foreign exchange intervention may be effective in emerging market economies.     

Minorities and the free press in Hungary after 1867

SUMMARY

The study analyses the status and the standard of freedom of the press in Hungary in the first decade of the Austro-Hungarian monarchy. Special attention is paid to libel cases against nationality papers attacking the government in Pest. The author's main purpose is to discuss the limits on the freedom of the press drawn by criminal law, and in addition, to examine the accusations against the oppositional papers and the court practices involved. As a result, the study emphasizes that the picture of ‘the press under a state of siege’ could hardly be verified from the criminal procedures examined. The author does not, however, paint an idealized picture of the freedom of the press. The government in Pest was biased against the nationality papers. Yet even so, in the first ten years of Dualism juries adjusted the official criminal law policy by acquittals of authors and editors. The prosecuting magistracy therefore accepted the independence of the jury and the unreliability of the lay judges, and often withstood the demands of government departments. The members of the government of Hungary accepted the practice instituted by the prosecuting magistracy and ‘instead of strict laws and even more strict courts’ they gave up trying to rule the press by means of the criminal law. The first half of the 1870s thus became a period of a free press, indicating to what extent the parliamentary system and its government in Dualism could ‘practise liberalism without risking its own existence’.     

The Gender Ethics and Politics of Affection: The ‘Feminine’Melodramatic Mode in Walter Salles' Central do Brasil (1998)

This article reads Walter Salles's Central do Brasil (1998) through a reappraisal of the film's relationship to melodrama in order to emphasise the significance of the association of affect with ethical judgment in thinking about the complex and contradictory gender politics of the film, thereby challenging the conventional tension between pathos and logos. Using a number of filmic and psychoanalytic theories, this article argues that Central do Brasil's melodramatic search for a ‘space of innocence’ in the Sertão could offer less a nostalgic return to anachronistic forms of living than a survival strategy for living in late modernity. Finally, this article argues that Central do Brasil, while lamenting the state's withdrawal from the public sphere, calls for an ethical imperative that is associated with a ‘feminine’ responsible and generous capacity to embrace the other as a necessary form of social and political action for the redefining of citizenship in Brazilian neoliberal society.     

State Government,Political Competition and Education Reform: Comparative Lessons from Brazil

The article explores the connection between democratisation, decentralisation and sub‐national policy making. It seeks to explain variation in the policy choices that were made by Brazilian state governments in the definition of school governance structures following the return to democracy. Whereas some state governments decided to institute the election of school principals by parents, students and teachers, others decided on the maintenance of opaque and discretionary practices that secured the distribution of school posts according to political criteria. The research relies on primary comparative evidence from three states: Bahia, Ceará and Minas Gerais. The argument is that the institutional choices made by state governments depended on the structure of political competition and on the extent and intensity of elite divisions at the state level.     

Pure-strategy Nash equilibrium in the spatial model with valence: existence and characterization

Public Choice - Pure-strategy Nash equilibria almost never exist in spatial majority voting games when the number of positional dimensions is at least two, as the majority core is typically empty...     

RACIALLY HOMOPHILOUS SOCIAL TIES AND INFORMAL SOCIAL CONTROL

Social disorganization theory argues that racial/ethnic heterogeneity is a key neighborhood characteristic leading to social disorganization and, consequently, higher levels of crime. Heterogeneity's effect is argued to be a result of its fragmentation of social ties along racial/ethnic lines, which creates racially homophilous social networks with few ties bridging racial/ethnic groups. Most studies of social ties in social disorganization models, however, have examined their quantity and left unaddressed the extent to which ties are within or across different racial groups. This study goes beyond previous studies by examining the effects of both racially homophilous and interracial friendship networks on informal social control. Using multilevel models and data from 66 neighborhoods with approximately 2,300 respondents, we found that heterogeneity actually increased the average percentage of residents with interracial friendship networks, but the percentage of residents with interracial networks decreased the likelihood of informal social control. In contrast, the percentage of residents with White racially homophilous networks increased the likelihood of informal social control. Examining the microcontext of individuals’ networks, however, we found residents with interracial ties reported higher likelihoods of informal social control and that this effect was enhanced in neighborhoods with higher percentages of non‐White racially homophilous networks.     

Strategic voting and effective representation thresholds: Evidence from three Spanish general elections

The extent of strategic voting in the Spanish general elections of 2000, 2004 and 2008 is estimated using a new measure of strategic incentives suitable for proportional representation systems that avoids some of the problems associated with lagged variables. Strategic behaviour increased from 12 to 33 per cent of the electoral base of the United Left Party, the major victim of strategic defection. This estimate is a conservative one as elite mobilisation is controlled for in the constituencies, which is unusual in the literature on strategic voting that uses regression‐based methods.     

The theory of postmortem rigidity: the history and an original concept

The original theory of postmortem rigidity has been developed and substantiated based on the concept of postmortem muscular contracture. It is postulated that the unrestricted growth of Ca2+ concentration in myoplasm of contractile cells during the immediate postmortal period brings the actin-myosine complex to the force generation state without subsequent relaxation.     

THE DIFFICULT TRANSFORMATION OF STATE AND PUBLIC ADMINISTRATION IN PORTUGAL. EUROPEANIZATION AND THE PERSISTENCE OF NEO‐PATRIMONIALISM

Portugal has been characterized by a late discontinuous democratization process. This contribution discusses the case of state and public administration reform in Portugal by using approaches from democratization, modernization and Europeanization theories. In order to understand the Portuguese case, the concept of ‘neo‐patrimonialism’ is used. We characterize Portuguese public administration as still having ‘neo‐patrimonial’ features, and therefore is still in transition from old closed‐minded practices such as particularistic decision making or clientelistic relationships to new open‐minded ones. The ‘new’ governance agenda combines new public management instruments and a growing flexibilization of public administration towards networks with non‐statal actors and has certainly led to some improvement in the quality of the services associated with public administration. Although is still too early to assess, top‐down and horizontal Europeanization processes, particularly since the late 1990s, may have contributed to a more reflexive approach in moving towards a more endogenous strategic vision based on the needs of the Portuguese state and public administration.