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81. Ossetians in Georgia in the Wake of the 2008 War

Author:
Giorgi Sordia
Publication Date:
09-2009
Content Type:
Working Paper
Institution:
European Centre for Minority Issues
Abstract:
As a result of the August war of 2008, the demographic situation in South Ossetia has been entirely altered. After the Georgian authorities lost administrative-territorial control over the Didi and Patara Liakhvi gorges and Akhalgori district, the majority of the population of these territories, including the entire population of Didi and Patara Liakhvi, were forced to leave their homes. The demographic structure of districts adjoining the conflict zones was also affected. As of September 2008, internally displaced persons (IDPs) from the conflict zone (including districts of Shida Kartli) numbered more than 127,000 in total. After the ceasefire agreement between Russia and Georgia was signed and Russian troops removed from the region, a large number of those forcibly displaced outside the administrative borders of the former autonomous region of South Ossetia returned home. However, the entire ethnic Georgian population of Didi and Patara Liakhvi, as well as several thousand Georgians from Akhalgori districts, remain displaced. The Ministry of Refugees and Accommodation of Georgia has granted them the status of IDPs and housed them in 38 specially constructed cottage settlements. According to official figures from the Ministry of Refugees and Accommodation, the number of IDPs from the August war (excluding those displaced from Upper Abkhazia) currently stands at 24,729.
Topic:
Ethnic Conflict and Minorities
Political Geography:
Georgia and South Ossetia

82. Ethno-Diplomacy: The Uyghur Hitch in Sino-Turkish Relations

Author:
Yitzhak Shichor
Publication Date:
01-2009
Content Type:
Policy Brief
Institution:
East-West Center
Abstract:
Beginning in 1949, China considered, and dealt with, so-called Uyghur separatism and the quest for Eastern Turkestan (Xinjiang) independence as a domestic problem. Since the early 1990s, however, Beijing has begun to recognize the international aspects of this problem and to deal with its external manifestations. This new policy has affected China's relations with Turkey, which has ideologically inspired Uyghur nationalism, offered sanctuary to Uyghur refugees, and provided moral and material support to Eastern Turkestan movements, organizations, and activities.
Topic:
International Relations, Diplomacy, Ethnic Conflict, and Minorities
Political Geography:
China, Central Asia, and Turkey

83. Anatomy of a Train Wreck: Causes of the Mortgage Meltdown

Author:
Stan J. Liebowitz
Publication Date:
10-2008
Content Type:
Policy Brief
Institution:
Independent Institute
Abstract:
Why did the mortgage market melt down so badly? Why were there so many defaults when the economy was not particularly weak? Why were the securities based upon these mortgages not considered anywhere as risky as they actually turned out to be? This report concludes that, in an attempt to increase home ownership, particularly by minorities and the less affluent, virtually every branch of the government undertook an attack on underwriting standards starting in the early 1990s. Regulators, academic specialists, GSEs, and housing activists universally praised the decline in mortgage-under- writing standards as an “innovation” in mortgage lending. This weakening of underwriting standards succeeded in increasing home ownership and also the price of housing, helping to lead to a housing price bubble. The price bubble, along with relaxed lending standards, allowed speculators to purchase homes without putting their own money at risk. The recent rise in foreclosures is not related empirically to the distinction between subprime and prime loans since both sustained the same percent- age increase of foreclosures and at the same time. Nor is it consistent with the “nasty subprime lender” hypothesis currently considered to be the cause of the mortgage meltdown. Instead, the important factor is the distinction between adjustable-rate and fixed-rate mortgages. This evidence is consistent with speculators turning and running when housing prices stopped rising.
Topic:
Economics, Government, Markets, Financial Crisis, and Minorities
Political Geography:
United States