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Book part
Publication date: 24 October 2018

Aashish Velkar

This chapter argues that the process of imagination is molded by the intersecting notions of space, time, and measurements. It shows that economic spaces are shaped by notions of…

Abstract

This chapter argues that the process of imagination is molded by the intersecting notions of space, time, and measurements. It shows that economic spaces are shaped by notions of particular space-time held by historical actors and by imaginations of their past and future fictional spaces. The case study of colonial period South Asia examines how financial accounting and other measurements were co-opted to give form to future “fictional” expectations. South Asian economic spaces are shown to be the locus for control and dominance of future economic relationships, which were visualized in particular ways by the colonial rulers.

A conclusion reached is that economic spaces are not just enclosed spaces within borders where economic activity occurs shaped by the dominant culture and economy of a state. The economic spaces in colonial India were sites of economic conflict and violence, where contesting notions of economic time collided, and where widely contrasting economic futures were imagined. Indian nationalists looked into the past to spur their imagination of a different future for India. In fact, the conflict or violence that was part of the recasting of India’s national economic space was not entirely between racial groups (European colonists and native Indians) or strictly between economic classes (bourgeoisie upper castes and proletariat lower castes). Contrary expectations amongst the nationalists themselves are apparent. The process of imagination reveals the ensemble of cultural, social, and technical practices that actors used to give form to fictional expectations of the future and the spatialisation of economic spaces.

Details

Including a Symposium on Mary Morgan: Curiosity, Imagination, and Surprise
Type: Book
ISBN: 978-1-78756-423-7

Keywords

Book part
Publication date: 11 August 2017

Valentin Cojanu

This chapter contributes to the conceptual effort to find an ‘encompassing framework’ to understand the rugged landscape of territorial development. A paradigmatic shift is in…

Abstract

This chapter contributes to the conceptual effort to find an ‘encompassing framework’ to understand the rugged landscape of territorial development. A paradigmatic shift is in need to reflect the gains from trade increasingly as a result of territorial communality rather than market optimality.

This contribution reviews first the tenets of the core-periphery models premised on three interpretations of space, that is, uniform-abstract space, diversified-relational space and uniform-stylised space. The conventional (spatial) models of peripherality are increasingly questionable when considering the relevance of more appropriate ‘aspatial’ concepts for understanding the conditions for growth and development across territories.

The conclusions emphasise the need to drop the norm of a universal policy related to a space of development divided in advanced and lagging areas. The implications range from re-stating the unit of analysis to re-stating the role of policy coordination in a multi-core integration environment.

This chapter attempts to evade the ‘illusion’ of the coincidence of political space with economic and human space. We aim at gaining ground towards a framework of analysing development that substitutes relational specificity of local economies for uniform territories of aggregate socio-economic features.

Details

Core-Periphery Patterns Across the European Union
Type: Book
ISBN: 978-1-78714-495-8

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Article
Publication date: 1 January 1991

1.1. Logical Necessity of the Three Dimensions as a Unit of Thought The mathematician does not look kindly on the simple question of why natural space should consist of precisely…

Abstract

1.1. Logical Necessity of the Three Dimensions as a Unit of Thought The mathematician does not look kindly on the simple question of why natural space should consist of precisely three dimensions. Instead of giving an answer he assumes a silent smile and shows us a version of space with an infinity of dimensions, as if space were some kind of toy for him to fiddle with to his heart's content.

Details

International Journal of Social Economics, vol. 18 no. 1/2/3
Type: Research Article
ISSN: 0306-8293

Open Access
Article
Publication date: 3 August 2020

Yan Ma, Cai Minqiang and Li Yun

The purpose of this paper is to define the Internet as a virtual space supported by technologies and presented in the form of socioeconomic relations from the perspective of…

1128

Abstract

Purpose

The purpose of this paper is to define the Internet as a virtual space supported by technologies and presented in the form of socioeconomic relations from the perspective of political economy. The Internet space is a unique virtual commodity different from ordinary commodities and has the following effect characteristics: super replicability, space- and time-transcendence, open-source shareability and reality–virtuality transformation.

Design/methodology/approach

Internet space can also be imagined as a piece of virtual land. Internet space can be deemed as a piece of virtual land and its value can be divided into labor value and virtual value. The pricing model of virtual value is mainly determined by the gain and discount rate and this value comes from the transfer and markup of social value. In the context of the Internet Plus era, Internet space has become an essential economic factor that influences human economic activities.

Findings

Therefore, it is of practical significance and theoretical value to introduce Internet space as an economic variable into the framework of economic theory. The realistic logic of Internet space is to influence human economic behaviors with the combination of information binding.

Originality/value

The theoretical mechanism is to have an impact on the micro-market price by changing market relations from two-dimensional to three-dimensional. Its path to functioning at the macro level is to influence economic behaviors by changing the expectations of investment and consumption, resulting in new economic trends.

Details

China Political Economy, vol. 3 no. 1
Type: Research Article
ISSN: 2516-1652

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Article
Publication date: 19 July 2013

Elizelle Juaneé Cilliers and Wim Timmermans

The purpose of this paper is to link economic value to urban green spaces to enhance the value of green urban spaces, along with the added benefit it can offer to the urban…

Abstract

Purpose

The purpose of this paper is to link economic value to urban green spaces to enhance the value of green urban spaces, along with the added benefit it can offer to the urban environment.

Design/methodology/approach

As part of the VALUE project (Valuing Attractive Landscapes in the Urban Economy, made possible by INTERREG IVB North West Europe, European Regional Development Fund, European Territorial Cooperation, 2007‐2013), this development approach was designed to enhance the planning of qualitative urban spaces by linking an economic value to green urban spaces, to enhance value and meaning.

Findings

Based on case studies conducted in The Netherlands, the approach proves that by linking an economic value to green urban spaces, space is considered differently, authorities tend to prioritize these spaces and additional spinoffs realize.

Research limitations/implications

The notion of green‐value is subjective and differs between users, experts and between locations.

Practical implications

The paper provides local authorities with a new approach to spatial planning, considering the economic value of green urban spaces.

Social implications

The paper transforms the way in which green urban spaces are valued and planned; by realizing the intrinsic value of green urban spaces, in terms of social, environmental and economic benefit.

Originality/value

The Value Added Planning approach stresses the need for qualitative planning processes that will enhance future economic value and sustainable development initiatives. The green environment is hard to quantify in terms of economic value, but it is this intrinsic value that can provide future benefit and sustainability in terms of place management and development.

Details

Journal of Place Management and Development, vol. 6 no. 2
Type: Research Article
ISSN: 1753-8335

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Article
Publication date: 9 November 2012

Gilbert Ahamer

Education for equity in global development and cultural diversity calls for professional capacity building to perceive diverse perspectives on complex procedures of globalisation…

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Abstract

Purpose

Education for equity in global development and cultural diversity calls for professional capacity building to perceive diverse perspectives on complex procedures of globalisation. The discipline of human geography is such a “provider of perspectives”. The purpose of this paper is to propose a historic series of how theories of geography and human development have emerged.

Design/methodology/approach

This paper contributes to education and training by proposing a historic series of how theories of geography and human development have emerged.

Findings

The outcomes of this analysis of geographic paradigms offer options for the management of multicultural education in development. A critical synopsis and a combination of various paradigms on global development seem most promising for a holistic and comprehensive understanding of globalisation.

Research limitations/implications

In particular, recent developments in human geography exhibit rapidly changing paradigms (ironically called “the Latin America of sciences”) and are hence difficult to systematise.

Practical implications

Spaces are understood to be communicational spaces, the substrate of which is enabling communication technologies. The theoretical contemplations of this paper permit to design learning environments, learning styles and related technologies.

Social implications

Perception and understanding of contradicting theories on global (economic and human) development facilitate education fostering multiple cultures of understanding. The author's own professional experience shows that only esteem for all paradigms can provide the full picture. Success means “collective production of meaning”.

Originality/value

Understanding history frees us to reach future consensus.

Details

Multicultural Education & Technology Journal, vol. 6 no. 4
Type: Research Article
ISSN: 1750-497X

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Article
Publication date: 26 June 2020

Olena Latysheva, Victoriia Rovenska, Iryna Smyrnova, Vitalii Nitsenko, Tomas Balezentis and Dalia Streimikiene

The paper embarks on the development of theory and methodology for managing the sustainable development of machine-building enterprises through the use of quantitative modeling…

Abstract

Purpose

The paper embarks on the development of theory and methodology for managing the sustainable development of machine-building enterprises through the use of quantitative modeling tools. The article proposes an algorithm for estimating the position of an enterprise in its competitive space for sustainable development.

Design/methodology/approach

The three dimensions of sustainability (social, economic, environmental) are represented by the equations based on the multiple criteria of sustainability. The three-dimensional space is constructed and the effects of managerial decisions can be quantified in terms of the latter space.

Findings

The proposed model is applied in the case of Ukrainian machinery construction company. The effects of introduction of the environmentally friendly business strategy are assessed in the three-dimensional sustainability space. The changes in the level of sustainability can be estimated based on the projected changes in the criteria of sustainability.

Originality/value

The proposed methodology combines expert knowledge, empirical data and quantitative methods in order to quantify the level of sustainability of enterprises. The model can be extended to include additional dimensions and applied to different empirical cases.

Details

Journal of Enterprise Information Management, vol. 34 no. 1
Type: Research Article
ISSN: 1741-0398

Keywords

Article
Publication date: 24 March 2020

Albert Saiz

Digital and information technologies (IT) are becoming silently pervasive in old-fashioned real estate markets. This paper focuses on three important avenues for the diffusion of…

2228

Abstract

Purpose

Digital and information technologies (IT) are becoming silently pervasive in old-fashioned real estate markets. This paper focuses on three important avenues for the diffusion of IT in commercial real estate: online brokerage and sales, the commoditization of space and Fintech in mortgage and equity funding. We describe the main new markets and products created by this IT revolution. The focus is on the pioneering US market, with some attention devoted to the specific firms and institutions taking these innovations into the mainstream. We also carefully analyze the economic underpinnings from which the new technologies can expect to generate cash flows, thus becoming viable—or not. Finally, we discuss their likely impact on established players in the commercial real estate arena.

Design/methodology/approach

In this paper, the author chooses to focus on three separate arenas where the IT revolution—sometimes referred to as Proptech, as applied to real estate—is having discernible impacts: sales and brokerage, space commoditization and online finance platforms. The author invites the reader to think seriously about the economic fundamentals that may—or may not—sustain new business models in Proptech. Real estate economists and investors alike need to be critical of new business models, especially when they are being aggressively marketed by their promoters. Trying to avoid any hype, the author provides thoughts about the likely impact of the innovations on their markets, guided by economic and finance theory, and previous experience.

Findings

The author evaluates the evolution of commercial real estate brokerage. While innovations will, no doubt, have an impact on the ways in which we buy and lease commercial properties, the lessons from the housing market should make us skeptical about the possibility of the new technologies dramatically facilitating disintermediation in this market. In fact, new oligopolies seem to be emerging with regard to market data provision.

Practical implications

Proptech will change some aspects of the real estate industry, but not others!

Originality/value

As change pervades the property industry, only a relatively few research pieces are illustrating or—more importantly—providing insights about the likely economic and financial impacts of IT penetration. Similarly, only a few papers have so far addressed the economic viability of the alternative business models of tech startups targeting real estate markets and transactions.

Details

Journal of Property Investment & Finance, vol. 38 no. 4
Type: Research Article
ISSN: 1463-578X

Keywords

Article
Publication date: 5 May 2020

Hank C. Alewine

The emerging and rapidly growing space economy warrants initial analysis from an accounting lens. This article explores accounting's role in entity transactions involving outer…

1365

Abstract

Purpose

The emerging and rapidly growing space economy warrants initial analysis from an accounting lens. This article explores accounting's role in entity transactions involving outer space activities by addressing two questions: (1) What accounting challenges exist within a developing space economy? (2) What accounting research opportunities exist to address these challenges?

Design/methodology/approach

Background context introduces accounting scholars to the modern space economy and its economic infrastructure, providing insight on entity transactions involving activities in outer space. Detailed discussion and analysis of space accounting challenges and research opportunities reveal potential for a robust, interdisciplinary field in the accounting domain relevant for both practitioner and academic spheres. The article concludes with a summary investigation of the future exploration of accounting for space commerce.

Findings

Many accounting challenges and opportunities exist now and in the near future for accounting practitioners and scholars to contribute towards humanity's ambitious plans to achieve a sustained presence on the moon sometime during the 2020s and on Mars in the 2030s. All of accounting's traditional subject-matter domain, as well as sustainability accounting matters, will be relied upon in these efforts. Interdisciplinary inquiries and problem solving will be critical for success, with particular collaboration needs existing between accounting and operations management scholars.

Originality/value

This is the first paper to explore accounting for the burgeoning space economy, and to offer insight and guidance on the development of an emerging accounting subfield: space accounting.

Details

Accounting, Auditing & Accountability Journal, vol. 33 no. 5
Type: Research Article
ISSN: 0951-3574

Keywords

Article
Publication date: 12 January 2015

Arghya Kusum Mukherjee

The purpose of this paper is to see whether the government subsidized microfinance program has been able to expand physical, economic, political and socio-cultural spaces across…

1098

Abstract

Purpose

The purpose of this paper is to see whether the government subsidized microfinance program has been able to expand physical, economic, political and socio-cultural spaces across castes, creeds and religious beliefs.

Design/methodology/approach

The District of Murshidabad, West Bengal, India has been chosen as field of investigation. Initial survey was conducted in 2006. Same households were resurveyed in 2008. Therefore, the data are two period panel data. During survey a stratification was done according to socio-cultural status. To remove unobserved heterogenity, difference in difference method has been applied.

Findings

The program has been found to succeed in impacting upon physical, economic and political components of empowerment, but has failed to expand socio-cultural spaces of four socio-religious communities (SRCs) namely, upper castes, other backward castes, schedule castes (SCs) and Muslims (Ms). This study also examines the impact of the program on different measures of empowerment across SRCs, and shows that program participation has significant impact on the likelihood of empowerment for members of UC community.

Research limitations/implications

Participation in SGSY program enable women to negotiate gender barriers, increase their control over their own lives, and improve their relative position in their households, though to some extent. But we do not mean to suggest that participation in SHGs is the only panacea to gender subordination. The authors acknowledge the need for consciousness raising, organizing and struggling for women’s right for women empowerment.

Originality/value

There is hardly any study measuring the empowerment potential of microfinance program across SRCs.

Details

International Journal of Social Economics, vol. 42 no. 1
Type: Research Article
ISSN: 0306-8293

Keywords

1 – 10 of over 85000