How the City of London lost at Brexit: a historical perspective

The nature of the City of London as an offshore financial centre has long made London dependent on the British state providing protection from external political regulation, even as London’s foreign currency business separated its interests from British governments’ economic policy preoccupations. Since the 2008 crash and the onset of the eurozone crisis, London has faced threats to both its autonomy from external regulatory demands and to its offshore business interests at the same time as the long-standing external statecraft of British governments around EU membership has broken down. The Cameron governments’ efforts to protect the City within the European Union under political conditions that were transformed by the eurozone crisis exposed the limits of Britain’s position as a member of the European Union. When David Cameron then tried to resolve the problem of EU membership through a referendum he made it extremely difficult to defend the City’s broader commercial interests in the Single European Market because freedom of movement issues weighed significantly more in British domestic politics than financial services.     

Governmental financial resilience under austerity in Austria,England and Italy: How do local governments cope with financial shocks?

The recent economic and fiscal crisis provides an opportunity for learning lessons of general and practical relevance about how governments face shocks affecting their financial conditions. This article draws on the resilience concept to investigate the organizational capacities that are deployed and/or built by local governments (LGs) to respond to such shocks, looking at their combinations and interactions with environmental conditions. The article presents the results of a multiple‐case analysis of 12 European LGs across Austria, Italy and England. The analysis allows us to highlight and operationalize different patterns of financial resilience, that is, self‐regulation, constrained or reactive adaptation, contented or powerless fatalism, that are the result of the interaction and development over time of different internal and external dimensions.     

Contesting the boundaries of gender,race and sexuality in Barbadian plantation society

After decades of scholarly neglect, the pivotal roles played by enslaved African women in the sociocultural and economic development of New World plantation societies is finally receiving critical attention as historians embark on gendered reappraisals of Caribbean history. Understanding how African women experienced slavery has considerably enriched our knowledge of the complexity of gender, race and sexuality in structuring colonial social relations. However, considerably less attention has focused on the experiences of white women within these societies. Dismissed, at best, as the languid and leisured wives of male planters, and at worst, as a socially and economically unproductive parasitical category, white Caribbean women arguably constitute the most marginalised of social actors within Caribbean history. This article seeks to disrupt the uncritical representations that frame our epistemological understanding of the experiences of white colonial women. Taking the plantation society of Barbados as a case study, the author argues that white women were crucial actors in the reproduction and social stability of successful slave economies. In Barbadian plantation society, ideologies of white supremacy legitimised African slavery, and race became the principal mode of social stratification.     

School choice,racial segregation,and test‐score gaps: Evidence from North Carolina's charter school program*

Using panel data that track individual students from year to year, we examine the effects of charter schools in North Carolina on racial segregation and black‐white test score gaps. We find that North Carolina's system of charter schools has increased the racial isolation of both black and white students, and has widened the achievement gap. Moreover, the relatively large negative effects of charter schools on the achievement of black students is driven by students who transfer into charter schools that are more racially isolated than the schools they have left. Our analysis of charter school choices suggests that asymmetric preferences of black and white charter school students (and their families) for schools of different racial compositions help to explain why there are so few racially balanced charter schools. © 2006 by the Association for Public Policy Analysis and Management.     

Federal Court Responses to State and Local Claims of "Undue Burden" in Complying with The Americans with Disabilities Act

Are federal courts sympathetic to local and state officials'cost concerns, particularly when it comes to meeting the requirementsof the Americans with Disabilities Act? This is the fundamentalquery taken up by this analysis. After examining twenty-eightfederal ADA cases where state and local officials have goneto court claiming that complying with this civil rights measurewould be unduly burdensome, this study comes up with mixed findings.In some cases, the courts have been sensitive to cost concernsbut, in others, they have not. Despite these inconclusive findings,this study does cast some light on what state and local officialsmust do if they expect federal courts to be sensitive to theirconcerns.     

Financial restraint management and budget control in Canadian provincial governments

Abstract: This study compares and contrasts approaches to the management of financial stress and restraint in four Canadian provincial governments in the period from 1983 to 1985. It indicates that a number of different approaches to restraint management are utilized by Canadian provinces to cope with shortfalls in revenue and policy changes that influence resource allocation decision-making. The four provinces reviewed - British Columbia, Saskatchewan, Manitoba and Nova Scotia - have managed restraint in different ways, each reflecting the politics and the socio-economic and cultural context within which government resource allocation decisions are made. Profiles of these provinces indicate how these factors have influenced financial stress management and budget control strategy. Provincial experience is compared on the following dimensions: overall restraint management strategy; employment policy; marketing the need for restraint; centralized versus participatory government decision authority and control; the use of evaluation in restraint decision-making; and the influence of ideology in restraint management strategy-setting. Sommaire: Cette étude compare et oppose les méthodes de gestion financière adoptées en période d'austérité budgétaire par quatre gouvernements provinciaux au Canada, de 1983 à 1985. Elle indique que les provinces du Canada suivent diverses orientations en matière de gestion durant une période d'austérité budgétaire pour faire face aux manques de revenus et aux changements de politiques qui influencent les décisions d'allocation des ressources. Les quatre provinces étudiées, c'est-à-dire la Colombie-Britannique, la Saskatchewan, le Manitoba et la Nouvelle-Écosse, ont chacune adopté une orientation différence, reflétant le contexte politique, soeio-économique et culturel particulier dans lequel sont prises les décisions gouvernementales d'allocation des ressources. Les profils de la Colombie-Britannique, du Manitoba, de la Nouvelle-Éeosse et de la Saskatchewan précisent la manière dont ces facteurs ont influé sur la gestion de I'austérité financière et la stratégie de contrôle budgétaire. La comparaison entre les provinces porte sur les aspects suivants: 1) stratégie globale de gestion en période d'austérité, 2) politique d'emploi, 3) sensibilisation du public au besoin d'austérité, 4) autorité et contrôle décisionnels concentrés ou participatoires de la part du gouvernement, 5) rôle de 1'évaluation dans la prise des décisions en période d'austérité, et 6) influence de l'idéologie sur la définition des stratégies de gestion de l'austérite.