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| 1 |
ID:
145622
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| Summary/Abstract |
This investigation identifies the different elements in Bahraini society and government that indicate the existence of authoritarian rule and the mechanisms which perpetuate it. Hardliners in the royal family have strategically obstructed democratization in the country by controlling Bahrain's ideological and coercive state apparatus. The ideological apparatus encourages public disavowal of political reform and marginalizing Bahrain's Shī'ī heritage. The coercive state apparatus regularly punishes, imprisons, and physically abuses political activists and those who are suspected of encouraging civil unrest. Bahrain's alliance with Saudi Arabia has encouraged hardliners in the government to particularly promote anti-Shī'ī agendas that stigmatize, disenfranchise, and repress the majority of its citizens. Representatives of the Bahraini government have consistently accused Iran of providing logistical support to Bahraini activists. However, evidence suggests the claims of Iranian involvement in the 2011 demonstrations or an alleged coup attempt in 1981 to be false. Finally, this article identifies developments in 2011, both inside and outside of the country, that encouraged the reduction of repression of its citizens.
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| 2 |
ID:
089558
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| Publication |
2009.
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| Summary/Abstract |
This paper examines the importance of sentiment effects on asset allocation decisions in mainland China and beyond. Rising stock market sentiment appears to have negatively and significantly impacted Chinese savings account growth over the 2003-2007 period. Investor sentiment also exerted consistently significant effects on the discounts attached to Chinese B-shares, H-shares and ADRs by foreign investors. Although the sample period is limited by availability of the sentiment data, the indicated effects remain most robust when controlling for relative stock market performance, liquidity levels, expected exchange rate movements, and such 'indirect' sentiment measures as market and firm-specific price-earnings ratios.
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