This article discusses Indonesia’s strategy to overcome terrorism which is slightly different from the global approach counter-terrorism that uses a war and involves regular troops. The Indonesian results tug-of-war between government civil forces, namely Islamic groups human rights organizations. Civil society groups, some extent, have succeeded in preventing use of military methods harmful im...

Lithuania's electricity sector has one of the EU's highest dependency rates, with about seventy percent consumed being generated abroad. This high rate was accentuated by fact that until 2015 on a sole country, namely Russian Federation. With virtually no primary energy resources its own, Lithuania progressed from pro-nuclear to renewable national strategy in just decade. Based revised Copenhag...

In this article we use the case of post-conflict Nepal to advance political ecological analyses conservation violence, securitization, and militarization role environmental governance in state-making. During civil war 1996–2006, Maoist insurgents controlled most rural Nepal, including several national parks. insurgents' occupation parks supported their goal establishing a parallel state. Follow...

Pricing and risk management for longevity risk has increasingly become a major challenge for life insurers and pension funds around the world. Risk transfer to financial markets, with their major capacity for efficient risk pooling, is an area of significant development for a successful longevity product market. The structuring and pricing of longevity risk using modern securitization methods, ...

We study the impact of financial innovations on real investment decisions within the framework of an incomplete market economy comprised of firms, investors, and an intermediary. The firms face unique investment opportunities that arise in their business operations and can be undertaken at given reservation prices. The cash flows thus generated are not spanned by the securities traded in the fi...

The securitization of subprime mortgages in instruments like mortgage-backed securities and collateralized debt obligations is one of the key ingredients to the current financial crisis. During 2007 and 2008, subprime defaults increased sharply, displaying high serial correlation in their arrival. Subprime default events depend on house price changes. We establish a link between the dynamics of...

This thesis consists of three empirical essays on securitization and the resolution of financial distress, examining the information content of prices of mortgage-backed securities, the role of securitization in preventing mortgage renegotiation and the effect of minimum bids in ascending price auctions of repossessed assets. In the first chapter, I present evidence that the prices at originati...

This study focuses on the cultural diplomacy of Crimean Tatar and Lithuanian American diasporas, who both suffered from deportation at hands Soviets are conducting anti-Russian today. Historical films useful in terms showing how diasporic communities seek to reconstruct a collective memory traumatic event tame their anxieties death, meaninglessness, condemnation that constitute “unknown unknown...

This article examines the use of religion by an authoritarian ruling party to delegitimize political opposition through securitization. The case study presented is AKP in Turkey, which initially promised desecuritize Kurdish issue co-opt but eventually resorted demonization narratives and repressive policies secular Turkish state; however, addition labeling as terrorists, deployed legitimize it...

This paper explores the motivations underlying the securitization activities of Italian banks from 1999 to 2006. The hypotheses under investigation are those of funding, specialization and regulatory capital arbitrage. To test which of the incentives suggested by these hypotheses are statistically significant securitization’s determinants, we estimate a probit model, in which the probability of...