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State, Market and Salt-Tobacco Road in Modern China (1935–1949)
by Benmo Jiang Zhao Zhou Yujing Tan Haoqi MengThrough a meticulous analysis of various historical sources, the authors of this book have uncovered a wealth of information on the trade of salt and tobacco in Guizhou province, southwest of China, in the 1930s and 1940s. Their findings not only shed light on how commercial networks and the flow of these commodities formed and transformed with the development of wartime state monopoly, but also offer a more comprehensive perspective on the role of merchants and entrepreneurs in regulated commodity chains to go beyond the dichotomous state-market perspective of socioeconomic analysis.
State, Market and Society in an Emerging Economy: Development and the Political Economy of Bangladesh (Routledge Studies in Development Economics)
by Quamrul Alam Asif M. Shahan Rizwan KhairThe economic and social development that Bangladesh has achieved in the past two decades has made Bangladesh a development paradox. This book tries to explain this paradox through a political economy lens. The book explains the linkages between the state, changing society and emerging private sector, and examines whether the social transformation taking place in Bangladesh has the potential to live up to the expectations of a middle- income country. The early part of the book unravels the myriad relations between the state, society and market to project the aspirations of a newly independent nation. It analyzes how political turmoil, militarization of politics, politicization of institutions, reforms initiatives, industrial and social development policies, and the power nexus influenced the nature of the political economy of Bangladesh. The book goes on to examine how domestic appetite for capital and raw materials, the digital revolution, and the capacity of the local market to absorb expanded economic activities have created an environment that catalyzes innovation and entrepreneurship. The book also explains how the country has attempted to transform from an agrarian to a manufacturing- based economy, with rapid growth in the ready- made garment industry, pisciculture, pharmaceuticals and the ICT sector. Bangladesh’s journey from an emerging economy towards a developed country would interest those researching on development economics and those in policy making.
State, Markets and Inequalities: Human Development in Rural India
by Abusaleh Shariff Maithreyi KrishnarajAddressing the role of social sector in alleviating deprivation, this book highlights the deprivation across states and social groups, and analyzes the causes.
State, Politics, and Social Classes: Theory and History (Marx, Engels, and Marxisms)
by Armando BoitoThis book offers a reassessment politics against the predominating economicist approach to historical materialism within contemporary Marxism. Boito draws on the structural interpretation of Marxism inspired by Althusser’s works of the mid-1960s and, especially, by Poulantzas’ Political Power and Social Classes. The volume aims to demonstrate the role of the political dimension (together with the economy) and, to a further extent, to contribute to renew contemporary Marxist political theory. The chapters cover topics such as: the nature of political power; the structure and functions of the state; the role of politics in historical change; political crises; and the political formation of the working class. The book highlights the role of political structures and practices in the reproduction of economic and social relations and also in the process of historical change. The aim of the book is to contribute to the renewal of Marxist thought, breaking with the economicist conception that dominated it throughout the last century, and finally meeting the demands of the socialist struggle in the 21st century.
State-Administered Rural Change: Agricultural Cooperatives in Rural Kenya (Routledge Library Editions: Agribusiness and Land Use #12)
by Björn GyllströmOriginally published in 1991, this book includes a detailed case study of Kenya’s co-operative movement – one of the largest in sub-Saharan Africa. Co-operatives have been given a major role in rural development strategies in both socialist and capitalist states. However in both context the results they have achieved have fallen short of expectations. The book focuses on specific elements of the institutional setting within which agricultural marketing co-operatives operate. Factors like land tenure, market regulations, co-operative legislation and direct development support are discussed and shown to have had dire effects on the managerial behaviour and social impact of the co-operative sector.
State-Business Relations and Economic Development in Africa and India (Routledge Studies in Development Economics)
by Kunal SenWhen the state and business interact effectively they can promote a more efficient allocation of scarce resources, appropriate industrial policy and a more effective and prioritised removal of key obstacles to growth, than when the two sides fail to co-operate or engage in harmful collusion. This book, based on original empirical research undertaken in Africa and India, addresses what constitutes the effectiveness of state-business relations, what explains their formation and evolution over time and whether effective state-business relations matter for economic performance. Analysing the effects of state-business relations on economic performance at both the macro and micro levels, the book concludes that where effective state-business relations are established – either through formal or informal institutional patterns and relationships – the growth effects are generally positive. Establishing, sustaining and renewing effective state-business relations are political processes. The better organized the business community and the government are for purposes of such relations, the more effective state-business relations will be in negotiating growth enhancing policies. The book is of interest to researchers in the fields of development studies, management, economics and political science.
State-Corporate Crime and the Commodification of Victimhood: The Toxic Legacy of Trafigura’s Ship of Death (Crimes of the Powerful)
by Thomas MacManusThis book highlights the continuing impunity enjoyed by corporations for large scale crimes, and in particular the crime of toxic waste dumping in Ivory Coast in 2006. It provides an account of the crime, and outlines contributory reasons for the impunity both under the law and from a criminological point of view. Furthermore, the book reveals the retrogressive role of civil society organisations (CSOs) in Ivory coast, contrary to the societal expectations made of 'non-governmental' organisations (NGOs) and CSOs. This book reveals that in the case of this particular example of state-corporate crime, civil society as an agency of censure and sanction actually played a distinctly retrogressive role. Here, in fact, state and state-corporate crime facilitates corruption within the civil society sphere through a process referred to in the book as the ‘commodification of victimhood’ and, as a result, ensures that impunity is virtually guaranteed for the corporation and the Ivorian government. This book also examines the failure of international and domestic legal measures to sanction the perpetrators alongside civil society’s shortcomings and ultimately advocates a more cautionary approach to civil society’s potential to label, censure and sanction large-scale state-corporate crime. This book will help readers understand the difficulties in sanctioning such crime as well as promoting the theoretical framework of state crime, the understanding of which could lead to the alleviation of human suffering at the hands of criminal states and corporations.
State-Directed Development
by Atul KohliWhy have some developing country states been more successful at facilitating industrialization than others? An answer to this question is developed by focusing both on patterns of state construction and intervention aimed at promoting industrialization. Four countries are analyzed in detail - South Korea, Brazil, India, and Nigeria - over the twentieth century. The states in these countries varied from cohesive-capitalist (mainly in Korea), through fragmented-multiclass (mainly in India), to neo-patrimonial (mainly in Nigeria). It is argued that cohesive-capitalist states have been most effective at promoting industrialization and neo-patrimonial states the least. The performance of fragmented-multiclass states falls somewhere in the middle. After explaining in detail as to why this should be so, the study traces the origins of these different state types historically, emphasizing the role of different types of colonialisms in the process of state construction in the developing world.
State-Led Privatization in China: The Politics of Economic Reform (Routledge Contemporary China Series)
by Jin ZengLarge-scale privatization did not emerge spontaneously in China in the late 1990s. Rather, the Chinese state led and carefully “planned” ownership transformation with timetables and measurable privatization quotas, not for the purpose of extracting the state from the economy, but in order to strengthen the rule of the Party. While it is widely believed that authoritarian regimes are better suited than democracies to carry out economic reform, this book provides a more nuanced understanding of reform in China, demonstrating that the Chinese state’s capacity to impose unpopular reform is contingent on its control over local state agents and its adaptability to societal demands. Building on rich fieldwork data gathered in three Chinese cities (Shenyang, Shanghai, and Xiamen), this book offers the first comparative study of China’s privatization processes at the local level. Instead of focusing solely on political elites, Jin Zeng adopts a multi-level interaction approach to examine how the complex interplay of the central leadership, grassroots officials, and state-owned enterprise managers and workers shaped the contour of privatization in China.The book advances three central arguments. First, local economic structure and cadre evaluation system mediated local officials’ incentives to initiate privatization. Second, local officials relied on mobilization campaigns and various appeasement measures to implement privatization. Finally, the dynamics of privatization were fundamentally driven by the central government’s reactions to social opposition and by the subsequent responses of local officials to the changed political-regulatory environment. As a detailed analysis of the dual transformation of the property regime and state–society relations in China, this book will be invaluable to students and scholars of Chinese politics, economic reform, as well as those interested in comparative political economy and economic development more broadly.
State-Managed International Voluntary Service: The Case of Japan Overseas Cooperation Volunteers
by Yasunobu OkabeThis open access book addresses two issues of state-managed international voluntary service (SMIVS)—its contributions and advantages/disadvantages—by the case study of Japan Overseas Cooperation Volunteers (JOCV). Until now, the literature has given little attention to SMIVS and Asian international voluntary service (IVS). Proposing the concept of SMIVS, this is the first book in English to focus on JOCV and IVS managed by the Japanese government. The book is organized into two parts. In Part I, the authors, including scholars, former volunteers, and practitioners, explore the contributions of JOCV to the development in host communities, personal and professional development of volunteers, and Japanese civil society. In Part II, the authors analyze how JOCV creates advantages such as multilevel support by the Japan International Cooperation Agency (JICA), a Japanese government aid agency, and disadvantages such as the weak expertise of volunteers. The authors’ theoretical approaches cover capacity development, social capital, gift theory, and institutional theory, and their methodologies include statistical analysis of survey data, interview-based anthropological interpretation, and single/comparative case study. This combination of multiple approaches and methodologies is a strong feature of the study reported here. Thanks to state management, as the book demonstrates, JOCV can facilitate mutual benefits between volunteers and host communities, enhancing the human capital of the former and contributing to the socioeconomic development of the latter. It also shows that Japanese volunteers blend into host communities well, respecting and learning their social values and perspectives. This achievement is accomplished to the extent that collaborative and equal interpersonal relationships are nurtured between the volunteers and local people, including counterparts. Thus, this book helps to reduce inequality and stereotypes in IVS, with implications for other state-managed IVS.
State-Owned Enterprise in the Western Economies (Routledge Revivals)
by Raymond Vernon and Yair AharoniFirst published in 1981, this edited collection reviews the operations of state-owned enterprises, examining the actual performance of such organisations in the advanced industrialised countries. The authors consider the regularities and characteristics of state-owned enterprises, in particular the persistent efforts of managers to increase their autonomy and escape from the oversight of government agencies and the public. Chapters consider principles of finance and decision-making in these organisations and provide a truly international perspective with case studies in Italy, France and Britain. This is a timely reissue in context of the current economic climate, which will be of great value to students and academics with an interest in the nationalisation of companies, international business and the relationship between governments and managers.
State-Owned Enterprise's Ownership Reform: A Chinese Modernization Approach (China Perspectives)
by Zhigang ZhengIn reviewing the new round of state-owned enterprise (SOE) reforms characterized by mixed ownership since 2013 in China, this book systematically investigates the theoretical underpinnings, model options and approaches to implementation of SOE mixed-ownership reforms. SOE reforms have functioned as an integral part of China’s transformation to a market-oriented economy. Responding to the changing economic context and negative repercussions of earlier SOE reforms launched in the late 1990s, SOE mixed-ownership reforms encourage the participation of different types of capital and sounder management mechanisms. The author first reviews the impetus behind SOE mixed-ownership reforms and discusses how modern property rights theory and decentralized control theory perform as the theoretical underpinnings of the reforms. Based on cases of many completed SOE mixed-ownership reforms, the book summarizes and assesses the feasible models and implementation details of the reforms. It also examines how the reforms have impacted state-owned assets as well as executives’ compensation and incentives, both of which run parallel to the core reforms surrounding ownership. The book will appeal to professional readers studying entrepreneurial theory, corporate governance, China’s SOE reforms and Chinese business and the economy, as well as investors and policy makers interested in the Chinese market and Chinese enterprise reform.
State-Owned Enterprises as Institutional Actors in Contemporary Capitalism and Beyond (Elements in Reinventing Capitalism)
by Olivier Butzbach Douglas B. Fuller Gerhard Schnyder Luda SvystunovaThis Element qualifies the common understanding of State-Owned Enterprises (SOEs) as mere instruments of the state and instead conceive of them as economic actors in their own right. Specifically, SOE top management teams have leeway to diverge from goals that the state they are owned by pursues. Through 'institutional work' they can even actively shape the institutional framework in which they are embedded. However, the extent of SOE top management teams' leeway for agency is determined by macro- (country), meso- (State–SOE governance system), and industry-level factors. These factors, in turn, vary from country to country and over time. In other words, SOE agency is 'embedded agency.' Combining institutional work and historical institutionalism analytic lenses, this Element presents a multilevel model to understand embedded agency of top management teams of SOEs in contemporary capitalism. The model adds an important element to our understanding of the 'new state capitalism.'
State-Owned Enterprises in Developed Market Economies: Theory and Empirics (Elements in Public Economics)
by Chiara F. Del Bo Massimo Florio Marco Frigerio Daniela VandoneAfter briefly reviewing the received doctrine prior to the waves of privatisations beginning in the 1980s, this Element offers a survey of various analytical frameworks on State Owned Enterprises (SOEs) from the perspective of applied welfare economics. The focus then shifts to a positive analysis of the comparative performance of private versus public enterprises, with a specific emphasis on SOEs in developed market economies over the past two decades; key metrics examined include profitability, productivity, internationalisation, innovativeness, and environmental sustainability. The Element also addresses empirical methodological issues, alongside contextual conditions and institutional factors that help explain the outcomes. It reviews selected contributions from public economics, industrial organisation, corporate governance, management studies and other social sciences. Overall, the Element aims to redefine a neglected research area in public economics, considering the new circumstances of the twenty-first century, where SOEs compete with other firms in developed market economies.
State-Owned Enterprises in the Global Economy (Routledge Studies in the Modern World Economy)
by Maciej Bałtowski Grzegorz KwiatkowskiState-owned enterprises combine economic activities resulting from their position on the market with non-economic functions determined by the state owner. In many of the world’s major economies, SOEs play an important role, and in some, such as China, India, Russia and Brazil, they are outright dominant. At the same time, the existence of SOEs is largely ignored by economic theory and the current figures on SOEs on a global scale available in the literature are questionable in terms of their methodological validity and thus they do not allow for a proper cross-country analysis. This book fills this research gap. It focuses on the scope and importance of SOEs in a broad group of the largest economies, primarily on a variety of quantitative estimates. It contains the results of an extensive and unique empirical study of 37 of the world’s largest economies over the period from 2009 to 2018. The findings showed that the average share of SOEs - measured by operating revenues and total assets - in the group of the largest hundred enterprises (Top 100) of a given country is nearly 30%, while in the Top 20 group it is even slightly higher. The authors present an econometric analysis showing the relationship between the scope of SOEs and the various economic and non-economic characteristics of the studied set of countries. The book also contains an in-depth discussion of selected key issues, such as the functions of SOEs in various types of economies, the role of SOEs in capital markets and the phenomenon of SOEs with foreign capital. This work is addressed to both academic economists, dealing with macroeconomics and economic policy, as well as researchers and analysts from various international organizations and think-tanks.
State-Owned Enterprises in the Middle East and North Africa: Privatization, Performance and Reform (Routledge Studies in Development Economics #Vol. 18)
by Merih CelasunIn the rapid world-wide spread of privatization, progress in the Middle East and North Africa region has been markedly slow. This volume argues that a high level of overstaffing in public enterprises and the inability of economies to create jobs fast enough is mainly responsible for this. An in-depth study of the facts and a well-supported conclusion makes this an impressive collection of work on a very pertinent subject.
State-Owned Multinationals: Governments in Global Business (JIBS Special Collections)
by Alvaro Cuervo-CazurraThis book provides a deep understanding of state-owned multinationals (SOMNCs) and their role in global business. SOMNCs have emerged as a force to contend with in global competition, and their study connects several fields such as economics, political economy, international business and global strategy. This prestigious collection of articles presents insights into the interaction between government ownership and internationalization, and aims to provoke new research approaches and insights on the topic. The book includes some of the key contributions to our understanding of these firms and new commentaries explaining how to analyze them. This book is essential reading for academics and consultants looking to gain a clearer understanding of SOMNCs and how to research them.
State-Space Approaches for Modelling and Control in Financial Engineering
by Gerasimos G. RigatosThe book conclusively solves problems associated with the control and estimation of nonlinear and chaotic dynamics in financial systems when these are described in the form of nonlinear ordinary differential equations. It then addresses problems associated with the control and estimation of financial systems governed by partial differential equations (e. g. the Black-Scholes partial differential equation (PDE) and its variants). Lastly it an offers optimal solution to the problem of statistical validation of computational models and tools used to support financial engineers in decision making. The application of state-space models in financial engineering means that the heuristics and empirical methods currently in use in decision-making procedures for finance can be eliminated. It also allows methods of fault-free performance and optimality in the management of assets and capitals and methods assuring stability in the functioning of financial systems to be established. Covering the following key areas of financial engineering: (i) control and stabilization of financial systems dynamics, (ii) state estimation and forecasting, and (iii) statistical validation of decision-making tools, the book can be used for teaching undergraduate or postgraduate courses in financial engineering. It is also a useful resource for the engineering and computer science community
State-Space Models: Applications in Economics and Finance
by Yong Zeng Shu WuState-space models as an important mathematical tool has been widely used in many different fields. This edited collection explores recent theoretical developments of the models and their applications in economics and finance. The book includes nonlinear and non-Gaussian time series models, regime-switching and hidden Markov models, continuous- or discrete-time state processes, and models of equally-spaced or irregularly-spaced (discrete or continuous) observations. The contributed chapters are divided into four parts. The first part is on Particle Filtering and Parameter Learning in Nonlinear State-Space Models. The second part focuses on the application of Linear State-Space Models in Macroeconomics and Finance. The third part deals with Hidden Markov Models, Regime Switching and Mathematical Finance and the fourth part is on Nonlinear State-Space Models for High Frequency Financial Data. The book will appeal to graduate students and researchers studying state-space modeling in economics, statistics, and mathematics, as well as to finance professionals.
State-Sponsored Inequality: The Banner System and Social Stratification in Northeast China
by Shuang ChenThis book explores the social economic processes of inequality in nineteenth- and early-twentieth-century rural China. Drawing on uniquely rich source materials, Shuang Chen provides a comprehensive view of the creation of a social hierarchy wherein the state classified immigrants to the Chinese county of Shuangcheng into distinct categories, each associated with different land entitlements. The resulting patterns of wealth stratification and social hierarchy were then simultaneously challenged and reinforced by local people. The tensions built into the unequal land entitlements shaped the identities of immigrant groups, and this social hierarchy persisted even after the institution of unequal state entitlements was removed. State-Sponsored Inequality offers an in-depth understanding of the key factors that contribute to social stratification in agrarian societies. Moreover, it sheds light on the many parallels between the stratification system in nineteenth-century Shuangcheng and structural inequality in contemporary China.
State-centric to Contested Social Governance in Korea: Shifting Power (Routledge Studies on Modern Korea)
by Hyuk-Rae KimIn this interdisciplinary study of governance, Hyuk-Rae Kim traces how civil society and NGOs have evolved over time, how they differ in motivation from their Western counterparts, and the role civil society NGOs have played in consolidating democracy as the governance system in Korea changes from a state-centric to a contested one. This book presents civil society's rise in Korea through in-depth analyses of today's most pressing issues, in order to chart the shifting role of a formerly state-centric to a contested governance system in modern Korea. With detailed case studies and policy discussions, this book explores the role of NGOs in campaigning for political reform and the eradication of political corruption; the provision of public goods and services; challenging the government’s policies on migration; tackling the issue of North Korean refugees and human rights; and the provision of regional environmental governance. These case studies demonstrate that the state is no longer the sole guardian and provider of public institutions and goods and underline the growing role of civil society in Korea. Both a study of contested governance and an exploration of contemporary Korean society, this book will be of imminent interest to students and scholars alike of Korean politics, East Asian politics, governance, and civil society.
State-of-the-Art Indonesia Energy Transition: Empirical Analysis of Energy Programs Acceptance
by Dinita SetyawatiThis book discusses how people can come together to address current energy justice and access poverty problems by examining the relationship between energy systems and society in diverse energy sources. The novelty of this book is that this is the only complete guide for readers who wish to understand the status of Indonesia’s energy transition and renewable energy development. Energy programs that are explored are the ones prioritized by government administrations, including coal, nuclear power, solar energy, green electricity, and geothermal energy. Based on extensive fieldwork and empirical data, the book combines insights from historical data on energy subsidies and economic diversification, current empirical data on social acceptance of new energy technologies, and contemporary studies that forecast the implications of the transition to the coal industry and fossil fuel subsidies. It asks how Indonesia has enacted policies that support energy transition. How do the public and civil society view those policies? What are the implications for broader themes and discussions on energy sources, technology, systems, policies, and service? Strategies are suggested to advance a sustainable transition in the developing world that will mitigate developmental risks associated with the transition away from fossil fuels while encouraging decision making in a sustainable and socially just manner. This book is an informative and engaging read for a general audience as well as a valuable resource for scholars, researchers, and students in environmental and energy studies.
State-to-state Arbitration based on International Investment Agreements: Scope, Utility and Potential (European Yearbook of International Economic Law #10)
by Angshuman HazarikaThis book discusses the use of the compromissory clause in international investment agreements (IIAs) for interstate dispute resolution. It puts forward the possibility of using state-to-state arbitration based on the compromissory clause in IIAs as an alternative means of resolving investment disputes in light of the global debate on the shortcomings of investor-state arbitration. The book’s main conclusion is that state-to-state arbitration may be used as an alternative to currently popular investor-state arbitration by resolving procedural hurdles which impede its acceptance. It becomes more important with the removal of investor-state arbitration as an option in certain recent IIAs, which then elevates state-to-state arbitration as the sole option for binding third party dispute resolution in the treaty. Even then, it is unlikely to replace investor-state arbitration completely due to its inherent shortcomings, such as the risk of re-politicising disputes and a lack of direct control over the process for the affected investors. Nevertheless, the availability of an alternative forum will benefit all parties involved, as they will no longer be wholly dependent on investor-state arbitration, which can be affected by events such as denunciation from the ICSID Convention or the refusal of a host state to enforce an arbitration award.
Statebuilding and State Formation in the Western Pacific: Solomon Islands in Transition?
by Matthew G. Allen Sinclair DinnenThis book provides a rigorous and cross-disciplinary analysis of this Melanesian nation at a critical juncture in its post-colonial and post-conflict history, with contributions from leading scholars of Solomon Islands. The notion of ‘transition’ as used to describe the recent drawdown of the decade-long Regional Assistance Mission to Solomon Islands (RAMSI) provides a departure point for considering other transformations – social, political and economic –under way in the archipelagic nation. Organised around a central tension between change and continuity, two of the book’s key themes are the contested narratives of changing state–society relations and the changing social relations around land and natural resources engendered by ongoing processes of globalisation and urbanisation. Drawing heuristically on RAMSI’s genesis in the ‘state- building moment’ that dominated international relations during the first decade of this century, the book also examines the critical distinction between ‘state-building’ and ‘state formation’ in the Solomon Islands context. It engages with global scholarly and policy debates on issues such as peacebuilding, state-building, legal pluralism, hybrid governance, globalisation, urbanisation and the governance of natural resources. These themes resonate well beyond Solomon Islands and Melanesia, and the book will be of interest to a wide range of students, scholars and development practitioners. This book was previously published as a special issue of The Journal of Pacific History.
Statecraft and Policymaking in the Age of Digital Twins: Digital Democracy and the Internet of Things (SpringerBriefs in Political Science)
by Rob van KranenburgThis book describes the transition from basic automation to pervasive computing, ubiquitous computing, ambient intelligence, and the Internet of Things, and its effects on democratic decision-making and governance in Europe. It diagnoses a lack of political agency and technical capabilities in the West that has accelerated the end of the model of entrepreneurial government in favor of a new paradigm: Cyber-physical Systems. Offering an analysis of the digital transformation process in various industries and institutions, the book highlights the severe repercussions and impacts on democratic decision-making and the legitimacy of the Westphalian model of the nation-state. Readers will learn how the convergence of cloud systems, data platforms, and connected objects is facilitating this transformation process, one characterized by a virtual representation of every person, object, and machine – a digital twin. The book argues for balancing centralization and decentralization in a cybernetic framework with human-centric values at its core. Further, it proposes a political framework that aims to develop a next-generation internet for the five hundred million citizens of Europe, one capable of enforcing and promoting digital hegemony while safeguarding the rights and proactive capabilities of said citizens. In closing, the book makes the case for a (6G) phone/hardware wallet built on European chip requirements and platforms and running on its own OS to promote technical European integration on infrastructure, applications, and services. Given its scope, the book will appeal to policymakers and practitioners interested in European digital governance and autonomy, as well as scholars of public administration, public policy, and political science.