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International news has long been studied and understood as produced by outsiders – foreign correspondents working in exotic, international locales. This book challenges this established view by putting the spotlight on the insiders working in their own countries producing news for international audiences. Western male foreign correspondents who report from areas affected by crises and conflicts for an ‘audience back home’ have long stood in as visible metaphors of international news production. But the understanding of who produces international news is starting to shift as scholars come to take into account the often-invisible role played by locally based, non-Western news-workers who have always been part and parcel of international news production. The roles and responsibilities of these professional, specialised locals within the global flow of news have only increased as falling news industry revenues have meant reductions in non-local staff in foreign news bureaus. Available research shows that the involvement of local journalists and fixers, as well as NGOs, as sources of news and information in international news production is marked by economic, socio-cultural and practice-related tensions. To shed light on these growing yet relatively less investigated changes happening in international news-making, this book brings together the latest of studies conducted on this form of journalistic labour around the world. This book will contribute to both the breadth and depth of our future understanding of local news-work that benefits distant audiences, and also help cement the place of such journalistic work as a vital topic of analysis in its own right. The chapters in this book were originally published as a special issue of Journalism Studies.
International news has long been studied and understood as produced by outsiders - foreign correspondents working in exotic, international locales. This book challenges this established view by putting the spotlight on the insiders working in their own countries producing news for international audiences. Western male foreign correspondents who report from areas affected by crises and conflicts for an 'audience back home' have long stood in as visible metaphors of international news production. But the understanding of who produces international news is starting to shift as scholars come to take into account the often-invisible role played by locally based, non-Western news-workers who have always been part and parcel of international news production. The roles and responsibilities of these professional, specialised locals within the global flow of news have only increased as falling news industry revenues have meant reductions in non-local staff in foreign news bureaus. Available research shows that the involvement of local journalists and fixers, as well as NGOs, as sources of news and information in international news production is marked by economic, socio-cultural and practice-related tensions. To shed light on these growing yet relatively less investigated changes happening in international news-making, this book brings together the latest of studies conducted on this form of journalistic labour around the world. This book will contribute to both the breadth and depth of our future understanding of local news-work that benefits distant audiences, and also help cement the place of such journalistic work as a vital topic of analysis in its own right. The chapters in this book were originally published as a special issue of Journalism Studies.
The April 2020 Global Financial Stability Report (GFSR) assesses the financial stability challenges posed by the coronavirus (COVID-19) pandemic. Chapter 1 describes how financial conditions tightened abrubtly with the onset of the pandemic, with risk asset prices dropping sharply as investors rushed to safety and liquidity. It finds that a further tightening of financial conditions may expose vulnerabilities, including among nonbank financial institutions, and that bank resilience may be tested if economic and financial market stresses rise. Vulnerabilities in global risky corporate credit markets, including weakened credit quality of borrowers, looser underwriting standards, liquidity risks at investment funds, and increased interconnectedness, could generate losses at nonbank financial institutions in a severe adverse scenario, as discussed in Chapter 2. The pandemic led to an unprecedented and sharp reversal of portfolio flows, highlighting the challenges of managing flows in emerging and frontier markets. Chapter 3 shows that global financial conditions tend to influence portfolio flows more during surges than in normal times, that stronger domestic fundamentals can help mitigate outflows, and that greater foreign participation in local currency bond markets may increase price volatility where domestic markets lack depth. Beyond the immediate challenges of COVID-19, Chapter 4 explores the profitability pressures that banks are likely to face over the medium term in an environment where low interest rates are expected to persist. Chapter 5 takes a broader perspective on physical risks associated with climate change. It finds that these risks do not appear to be reflected in global equity valuations and that stress testing and better disclosure of exposures to climatic hazards are essential to better assess physical risk.
This publication assesses progress towards Sustainable Development Goal 4 (SDG 4) on education and its ten targets, as well as other related education targets in the SDG agenda. It addresses inclusion in education, drawing attention to all those excluded from education, because of background or ability. The report is motivated by the explicit reference to inclusion in the 2015 Incheon Declaration, and the call to ensure an inclusive and equitable quality education in the formulation of SDG 4, the global goal for education. It reminds us that, no matter what argument may be built to the contrary, we have a moral imperative to ensure every child has a right to an appropriate education of high quality.
The current report finds that, despite an improvement in economic prospects in some key advanced economies, new challenges to global financial stability have arisen. The global financial system is being buffeted by a series of changes, including lower oil prices and, in some cases, diverging growth patterns and monetary policies. Expectations for rising U.S. policy rates sparked a significant appreciation of the U.S. dollar, while long term bond yields in many advanced economies have decreased—and have turned negative for almost a third of euro area sovereign bonds—on disinflation concerns and the prospect of continued monetary accommodation. Emerging markets are caught in these global cross currents, with some oil exporters and other facing new stability challenges, while others have gained more policy space as a result of lower fuel prices and reduced inflationary pressures. The report also examines changes in international banking since the global financial crisis and finds that these changes are likely to promote more stable bank lending in host countries. Finally, the report finds that the asset management industry needs to strengthen its oversight framework to address financial stability risks from incentive problems between end-investors and portfolio managers and the risk of runs due to liquidity mismatches.
The April 2014 Global Financial Stability Report finds that, despite much progress, the global financial system remains in a transitional period with stability conditions far from normal. Advanced and emerging market economies alike need to make a successful shift from liquidity- to growth-driven markets, which will require a number of elements, including a normalization of U.S. monetary policy; financial rebalancing in emerging markets; further progress in the euro area integration; and continued implementation of “Abenomics” in Japan. This report also examines how changes in the investor base and financial deepening affect emerging market economies as well as looks at the issue of banks considered too important to fail, providing new estimates of the implicit funding subsidy these banks receive.
Comprehensive assessment of networked readiness, covering eighty-two of the leading economies of the world.
Media history in Kenya curves an upward trend from highly government controlled press in the 1970s to robust, critical and considerably free media in a globalized world. . Furthermore, news outlets have doubled since 2002 when the 24-year Moi regime came to an end. Social media outlets continue to offer alternative avenues to non-journalists. Moreover, news media interdependence and interconnectivity between local and global networks seems to be shifting justifications on which conflicts in Africa are reported. The 2007/08 political conflict in Kenya following a disputed presidential outcome plunged the country into a political crisis that ended after intervention from the international community. Reviewing media reporting during this conflict shows that globalization of both political power and the news media greatly contributed to the way journalists sourced, framed and primed news. The impact of globalization on the ways news media report conflict in the developing world is yet to be appreciated. For this reason, governments that have tended to control news media reporting are continually finding it harder to monitor what type and quantity of information people have access to.
Food systems and diets underpin many critical challenges to public health and environmental sustainability, including malnutrition, noncommunicable diseases, and climate change, but sustainable healthy diets have the unique potential to reshape the future for both human and planetary well-being. The 2024 Global Food Policy Report draws on recent evidence to examine the role of food systems in driving nutrition outcomes and opportunities for transforming food systems to ensure healthy diets for all. Chapters by IFPRI researchers and partners evaluate proven and innovative ways to sustainably improve diet quality and reduce malnutrition, including ways to make healthy diets more affordable, accessible, and desirable, how to improve food environments, the role of both agricultural crops and animal-source foods, and governance for better diets and nutrition, all with a major focus on the most vulnerable populations in low- and middle-income countries. Regional sections explore the diverse challenges countries face and promising policy responses for transforming food systems for sustainable healthy diets.
This September 2002 issue of the Global Financial Stability Report highlights that during the second quarter of 2002, a sharp erosion of investor confidence heightened risk aversion and growing concerns about the strength and durability of the global recovery. The pace and quality of corporate earnings had repercussions in all of the major equity, credit, and foreign exchange markets. Market adjustments occurred against the background of the bursting of the telecom, media, and technology bubble, which exposed a culture of irrational exuberance, and sometimes greed, among many buyers, sellers, and intermediaries.