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Metaphor in U.K. Bank Chairman Letter to Shareholders
Get PDFUsing a mixed methods approach that relies on conceptual metaphor theory, corpus linguistics, and discourse analysis, the study investigates the use and function of metaphor in a self-constructed corpus of U.K. bank chairman’s letters to shareholders during the study period, covering a state of relative stability (2002-2007), financial crisis and scandals (2008-2019), and the coronavirus pandemic (2020). We find evidence that bank chairmen use conventional metaphors to communicate with shareholders. Additionally, the choice of metaphors is conditional on the contextual environment in which banks operate. Further qualitative analysis of the metaphors supports a persuasive role that depends on the contextual environment
International Capital Markets as a Means of Financing Climate Action: Smooth Sailing or Stormy Waters?
Get PDFWhile capital markets hold great potential for mobilising the vast sums required for climate mitigation and adaptation, their volatility presents significant risks to emerging and developing economies (EMDEs). This study examines the role that international capital markets can play in financing climate action in EMDEs as well as the risks associated with this and how these are further compounded by climate change. The study also proposes an action plan consisting of four complementary policy areas to improve and secure EMDEs’ sustainable access to international capital markets at sustainable interest rates. These are: (i) adopting measures to lower the cost of capital and mitigate risk for issuers and creditors; (ii) using multilateral facilities as intermediaries to raise cheap(er) capital for EMDEs; (iii) establishing an international sovereign debt restructuring mechanism to quickly resolve debt sustainability problems; and (iv) strengthening domestic financial resource mobilisation to reduce dependency on foreign capital
Prudential Net Zero Transition Plans: The Potential of a New Regulatory Instrument
Get PDFNet zero transition plans are a promising additional instrument for prudential supervisors to assess, address and bring distant financial risks into the present. To date, transition plans have primarily emerged as non-financial disclosure requirement and as such, their prudential application has been limited. In this article, we discuss the role that transition plans can play as a new regulatory tool in banking supervision. The article outlines steps towards incorporating transition plans into prudential policy, thereby enabling supervisors to effectively use transition plans as a forward-looking instrument to better manage and overcome some of the challenges associated with climate transition risks
Sara al-Halabiyya
No full textSara bint Ahmad ibn ʿUthman ibn al-Salah al-Halabiyya was an Arabic poet and scholar of the second half of the thirteenth century who was of Syrian origin but who made her career in al-Andalus and North Africa. She traveled extensively, dedicating many praise poems to rulers and other illustrious individuals, and according to Gruendler (Lightning and memory in poetic fragments from the Muslim west: Hafsah bint al-Hajj (d. 1191) and Sarah al-Halabiyyah (d. c. 1300). In Crisis and memory in Islamic societies. Edited by Angelika Neuwirth and Andreas Pflitsch, 443. Beirut: Ergon Verlag Würzburg in Kommission, 2001), her extant corpus includes more panegyric verse than that of any other Arabic woman poet active in al-Andalus
Vowel sequences in Maltese sound Form I verbs
Get PDFThis article provides an analysis of the historical phonological development of Maltese sound Form I verbs, tracing their evolution from Proto-Arabic. Building on the foundational work of van Putten (2020), who identified the exceptionless sound changes governing Maltese short vowels, this study presents both the regular phonological developments and the analogical changes that have influenced the vocalism of these verbs. On the basis of a comprehensive dataset of over 240 verbs, the study (a) reveals the differential effects on specific vowel sequences of different phonetic environments (including guttural and emphatic consonants), and (b) examines the impact of analogical restructuring on the Perfect and Imperfect forms of verbs, both between different tense–aspect forms of individual verb lexemes and across different lexemes. By categorizing these verbs into distinct classes based on their phonological behaviour, the article elucidates the systematic processes underlying their historical development. This work, thus, not only enhances our understanding of Maltese morphophonology but also contributes to broader discussions on language change within the context of Semitic languages, and the interaction of regular sound change and analogy in morphophonological change more generally
The Recurring Conflicts between South Korea and Japan: Interplay of Institutional Path Dependence and Actors’ Beliefs
Get PDFThe recurring conflicts between South Korea and Japan, particularly over historical issues, despite having various reasons to cooperate, have long been a puzzle. This paper employs the historical institutionalism theory and appended concept path dependence to argue that the institutional stickiness of the 1965 normalization treaty, framed by the president’s set of beliefs, has in turn created a longitudinal institutional restrain on political choices for future Korean presidents towards Japan ever since.This paper uses the holistic embedded case study, where the pattern of Korea’s adversarial actions towards Japan constitutes the longitudinal case, and the relation between the key actors’ belief system and foreign policy trajectory consists of the sub-case cross-sectional analysis. This combination of longitudinal and cross-sectional analysis clustered into a within case study, designed according to the path dependence approach, has allowed a more precise identification of causes of the recurring conflicts. Among other factors, and unlike previous studies, this study points to the unique interactive mechanism of policymakers and the original institutional framework, illustrating how early institutional choices has locked in and created patterns of conflicts today.Causality is hypothesized and traced through case study pattern matching method, with both qualitative and quantitative method used for data collection and analysis. Consistent with the historical institutionalism theory and path dependent approach, this paper hypothesizes that longitudinally, the policy options since 1965 reveal a consistent pattern with a notable conversion point, marked by a shift in policy interpretation. At the same time, the cross-sectional analyses reveal the critical role of presidential belief systems. When presidents hold positive philosophical and strategic beliefs about Japan, they tend to preserve the international status quo; in contrast, when their beliefs are negative, they interpret the existing institutional framework to heighten the salience of historical disputes, thereby contribute to policy conversion within a stable institutional structure
Google Guests with Aman Verma. Dr. Mariano Errichiello on Why Parsis Reject Conversion, Lost Rituals, and the Fate of Sky Burials!
No full textEpisode DescriptionWell, what more do I need to say? It was a trulyfascinating conversation with Dr. Mariano Errichiello. Hang on—I'll tell you everything we discussed, but first, let me introduce Dr. Errichiello.Born in Naples, Dr. Errichiello is a scholarspecializing in Zoroastrianism, with a focus on its history, rituals, texts, and modern communities. He serves as the Shapoorji Pallonji Lecturer in Zoroastrianism and is the Co-Chair and Executive Director of the ShapoorjiPallonji Institute of Zoroastrian Studies at SOAS University of London. His academic journey includes a BA from the University of Naples, followed by an MAand PhD from SOAS.Before entering academia, he held leadership roles atPwC in Latin America and the UK. His research explores modern Zoroastrian esotericism, funerary practices, and ritual performances among Parsis in India, where he has conducted extensive fieldwork, working with primary sources in Parsi Gujarati.Recognized for his contributions, Dr. Errichiello has received honors from the Ancient India & Iran Trust of Cambridge and the Early Career Prize 2023 from the Association for the Study of Persianate Societies and the Journal of Persianate Studies. He has also held fellowships at the Centre for Comparative Studies of Civilisations and Spiritualities at Fondazione Giorgio Cini and the Nordic Institute of Asian Studies at the University of Copenhagen.For me, it was a privilege to talk with him about awide range of topics. We covered Parsi evolution, rituals, cultural practices, demographics, and why Dokhmenashini (sky burials) is no longer widely practiced. We also discussed why Parsis do not promote conversion. So many fascinating insights came to light
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