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Record W2012298823 · doi:10.1080/14747730903141951

Managing Financial Emergencies in an Integrating World

2009· article· en· W2012298823 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.

Bibliographic record

VenueGlobalizations · 2009
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic Theory and Policy
Canadian institutionsUniversity of Toronto
Fundersnot available
KeywordsLegitimacyFinancial intermediaryPoliticsFinancial marketIntermediarySovereigntyState (computer science)Order (exchange)EconomicsFinancial crisisFinanceBusinessMarket economyFinancial systemPolitical scienceKeynesian economicsLaw

Abstract

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Financial risks as well as opportunities now flow more freely across the borders of all but the poorest countries in the world. But globalizing finance became an observable fact before appropriate political structures were in place to steer it. The basic proposition that robust financial markets both rested on and reinforced the legitimacy of state power was decisively tested during the Great Depression. It is being tested again today. Two outcomes define the spectrum of policy choices in the medium run. One would return us to a version of the post-1945 order characterized by renewed barriers around national markets and strengthened home-country control of tightly regulated financial intermediaries. The second would entail the grand irony of states transcending one of the last bastions of sovereignty as traditionally conceived, namely autonomous fiscal authority. During the crises of 2007–2008, there were surprising, if opaque, moves in the latter direction. Tanto los riesgos financieros como las oportunidades fluyen ahora más libremente a través de las fronteras de todos menos de los países más pobres en el mundo. Pero la globalización financiera se convirtió en un hecho observable antes de que estuvieran establecidas las estructuras políticas apropiadas para manejarla. La proposición básica de que los mercados financieros robustos se basaran en la legitimidad del poder del estado, y que también la reforzaran, fue decisivamente sometida a prueba durante la Gran Depresión. Hoy día, nuevamente, se ha vuelto a poner bajo prueba. Dos resultados definen el espectro de la selección de política a medio plazo. El primero nos regresa a la versión del orden posterior a 1945, caracterizada por barreras renovadas alrededor de mercados nacionales y fortaleciendo el control del país local a los intermediarios financieros estrictamente regulados. El segundo conlleva la gran ironía de los estados trascendiendo uno de los últimos bastiones de la soberanía como se concibió tradicionalmente, es decir, la autoridad fiscal autónoma. Durante las crisis del 2007–2008, hubo sorpresivamente, aunque de una manera no muy clara, movimientos hacia la última dirección.

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Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.508
Threshold uncertainty score0.534

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.001
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.028
GPT teacher head0.259
Teacher spread0.230 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it