Nancy J. Jacobs
- Published in print:
- 2016
- Published Online:
- January 2017
- ISBN:
- 9780300209617
- eISBN:
- 9780300220803
- Item type:
- book
- Publisher:
- Yale University Press
- DOI:
- 10.12987/yale/9780300209617.001.0001
- Subject:
- Biology, Ornithology
This unique and unprecedented study of birding in Africa reconstructs the collaborations between well-known ornithologists and the largely forgotten guides, hunters, and taxidermists who worked with ...
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This unique and unprecedented study of birding in Africa reconstructs the collaborations between well-known ornithologists and the largely forgotten guides, hunters, and taxidermists who worked with them. Drawing on ethnography, scientific publications, private archives, and interviews, the author asks: How did white ornithologists both depend on and operate distinctively from African birders? What investment did African birders have in collaborating with ornithologists? By distilling the interactions between European science and African vernacular knowledge, this stunningly illustrated book offers a fascinating examination of the colonial and postcolonial politics of expertise about nature.Less
This unique and unprecedented study of birding in Africa reconstructs the collaborations between well-known ornithologists and the largely forgotten guides, hunters, and taxidermists who worked with them. Drawing on ethnography, scientific publications, private archives, and interviews, the author asks: How did white ornithologists both depend on and operate distinctively from African birders? What investment did African birders have in collaborating with ornithologists? By distilling the interactions between European science and African vernacular knowledge, this stunningly illustrated book offers a fascinating examination of the colonial and postcolonial politics of expertise about nature.
Kim Oosterlinck
- Published in print:
- 2016
- Published Online:
- January 2017
- ISBN:
- 9780300190915
- eISBN:
- 9780300220933
- Item type:
- book
- Publisher:
- Yale University Press
- DOI:
- 10.12987/yale/9780300190915.001.0001
- Subject:
- Biology, Ecology
This is a book about hope and international finance. The repudiation of Russia’s debt by the Bolsheviks in 1918 affected French investors for several generations. The reason for this was the sheer ...
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This is a book about hope and international finance. The repudiation of Russia’s debt by the Bolsheviks in 1918 affected French investors for several generations. The reason for this was the sheer volume of money lent by institutional investors and private citizens alike. This book focuses on the reasons which prompted French investors to hope they would eventually be repaid. In this financial context, hope was reflected in the fluctuations of Russian bond prices. Indeed, in view of the extreme nature of the repudiation, the prices of Russian sovereign debt experienced only a modest decline. As a matter of fact, they actually increased after the repudiation, and their yields were well below those observed nowadays when sovereign debts are repudiated. Far from being a sign of irrational behaviour, this trend can be attributed to expectations that one or more extreme events could occur. Governments have four key incentives to repay their debts: fear of a loss of reputation and consequent exclusion from capital markets; fear of armed intervention; trade sanctions; and seizure of collateral. In the Russian case, investors remained hopeful for the aforementioned reasons but they also hoped that a third-party government would stand in for the Russian government and fulfil its obligations. This book assesses the relative weight of each of these reasons to hope and shows why investors refused to view their repudiated bonds as valueless.Less
This is a book about hope and international finance. The repudiation of Russia’s debt by the Bolsheviks in 1918 affected French investors for several generations. The reason for this was the sheer volume of money lent by institutional investors and private citizens alike. This book focuses on the reasons which prompted French investors to hope they would eventually be repaid. In this financial context, hope was reflected in the fluctuations of Russian bond prices. Indeed, in view of the extreme nature of the repudiation, the prices of Russian sovereign debt experienced only a modest decline. As a matter of fact, they actually increased after the repudiation, and their yields were well below those observed nowadays when sovereign debts are repudiated. Far from being a sign of irrational behaviour, this trend can be attributed to expectations that one or more extreme events could occur. Governments have four key incentives to repay their debts: fear of a loss of reputation and consequent exclusion from capital markets; fear of armed intervention; trade sanctions; and seizure of collateral. In the Russian case, investors remained hopeful for the aforementioned reasons but they also hoped that a third-party government would stand in for the Russian government and fulfil its obligations. This book assesses the relative weight of each of these reasons to hope and shows why investors refused to view their repudiated bonds as valueless.