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1 – 10 of over 2000K.C. Roy and C.A. Tisdell
The possibilities for good governance depends on institutional structures and the economic resources available for ensuring governance. In some cases centralised governance…
Abstract
The possibilities for good governance depends on institutional structures and the economic resources available for ensuring governance. In some cases centralised governance structures are inefficient. In other cases, decentralised structures turn out to be inadequate. In India decentralisation of power to village level has not improved the efficiency of rural development. Decentralisation of power, it is said, by facilitating the empowerment of people in local communities can contribute to more sustainable development. On the other hand, in India, the delegation of power to the states in some cases has resulted in the destruction of the environment. Thus centralised and decentralised governance structure have both merits and demerits. Preservation of the environment which is essential for sustainable development cannot be achieved unless the pressure on forest and natural resources is reduced. This cannot happen in the absence of appropriate property rights of local communities and of rural women. In West Bengal as well as in the central Himalayan region in India it has been found that the disappearance of community control and restrictions on the user rights of villagers reduced the incentive and ability of villagers to use forest sustainability. On the other hand, in Russia, pristine forests are being degraded because of lack of resources of the weak central government. Good governance also depends on appropriate institutions. Corruption, bureaucratic inefficiency, inefficient and corrupt law enforcement agencies undermine the capacity of institutions to facilitate good governance for sustainable development. Corruption and rent seeking activities can grow even in an economy which has tried to apply outward oriented economic policies if an appropriate institutional environment does not exist. A state which assumes predatory or semi‐predatory status can systematically incapacitate all institutions for good governance and effective implementation of policies. Thus formulation of policies cannot ensure effective implementation in the absence of good governance which in turn cannot be achieved in the absence of appropriate institutions. Hence, sustainable development requires good policies and effective provision of institutions conducive to good governance.
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The structural perspective on China's prospect of democratization has three variants. The first emphasizes the structural requisites for the survival of the authoritarian state…
Abstract
The structural perspective on China's prospect of democratization has three variants. The first emphasizes the structural requisites for the survival of the authoritarian state. It argues that the conditions, such as the governing capacity of the state and support from the Chinese people that used to sustain the authoritarian state, have deteriorated significantly and the authoritarian state cannot escape a collapse in the near future (Chang, 2001). The second focuses on the structural requisites for democratization. It holds that the rise of the middle class and the emerging spread of education in China will create favorable conditions for the country to head toward democratization (Gilley, 2004). The third stresses the resilience of China's authoritarian regime. It argues that the rise of democratic polity in Europe resulted from the special social structures of the continent in the feudal period. Since China's social structure in its premodern period was quite different, democracy did not become a solution even after the middle class emerged in China. For the same reason, China's political change will be most likely to move toward rule by law rather than democratization in the future (Pan, 2006).
Petra C. Besenhard and Nikolai G. Wenzel
The purpose of this paper is to study the decline of the Tuareg, and explore the emergence of traditional elements of Tuareg culture to circumvent formal barriers to trade.
Abstract
Purpose
The purpose of this paper is to study the decline of the Tuareg, and explore the emergence of traditional elements of Tuareg culture to circumvent formal barriers to trade.
Design/methodology/approach
This paper examines the history of the Tuareg through the lens of the New Development Economics.
Findings
This paper examines three elements of past Tuareg wealth: the caravan trade as spontaneous order; the unintended consequences of forced modernization policies under colonization and post-colonial states; and contemporary problems from hindered freedom of trade. The bad news is that the Tuareg are facing impediments from failed states with low economic and political freedom. The good news is that traditional elements in the Tuareg’s entrepreneurial culture are re-emerging to circumvent formal barriers.
Research limitations/implications
The literature on the Tuareg is largely pessimistic, as the Tuareg’s traditions have largely been quashed by post-colonial boundaries and failed states. The New Development Economics offers a new perspective, with two implications. First, there is hope for the Tuareg, and a possible win-win, if the local states adopt a policy of laissez faire and international trade, rather than assimilation or repression. Second, this theoretical lens can be used in other cases throughout Africa (and the world) involving post-colonial borders.
Originality/value
There already exists a rich literature on the Tuareg. This paper uses the New Development Economics to examine the history of the Tuareg’s decline – and to find hope in traditional elements of Tuareg entrepreneurship emerging to circumvent local failed (and predatory) states.
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Takes issue with the way in which economics deals with the state and assumes homogeneous capacity. Instead it argues that differences in growth rates between countries can be…
Abstract
Takes issue with the way in which economics deals with the state and assumes homogeneous capacity. Instead it argues that differences in growth rates between countries can be traced back to the capacity of the state and political system. A state that is relatively capable is able to provide a political environment conducive to growth. It highlights the role of the élite in the development process, the necessity for a competent and insulated economic bureaucracy, and the significance of “embedded autonomy” for the state. These elements shape the nature and capacity of the state.
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Kwasi Dartey-Baah, Kwesi Amponsah-Tawiah and David Aratuo
The paper aims to assess the institutional readiness of Ghana prior to and after the production of her first oil. The paper also assesses the influence of politics in directing…
Abstract
Purpose
The paper aims to assess the institutional readiness of Ghana prior to and after the production of her first oil. The paper also assesses the influence of politics in directing the appropriate use of the oil rents in facilitating the developmental needs of the country.
Design/methodology/approach
The paper uses a literature review of the main theories regarding national politics and institutional policies in explaining the economic demise of a country due to a natural resource find. It also uses the natural resource find in Norway as a case study, drawing lessons from the effectiveness of Norway’s institutional policies in harnessing maximum benefits from their oil find and how developing nations such as Ghana can do same.
Findings
The paper establishes that Ghana’s institutional architecture as regards the production of oil and gas is fraught with inadequacies on all fronts as regards regulations, regulators and the needed logistics. Additionally, the paper also highlights the role of Ghana’s political elite in perpetuating these institutional inadequacies.
Originality/value
The paper highlights the insufficiencies in the institutional readiness for Ghana’s oil find and brings to the fore the influence of Ghana’s politics in contributing to these inadequacies.
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Competition for space in peer-reviewed academic journals, together with a plethora of changes in the academic publishing processes, including, for example, open access publishing…
Abstract
Purpose
Competition for space in peer-reviewed academic journals, together with a plethora of changes in the academic publishing processes, including, for example, open access publishing, the internationalisation of the publishing community, predatory publishing and the increasing role of journal ranking systems presents challenges for early career researchers (ECRs). The purpose of this paper is to offer practical advice on getting published in business and management.
Design/methodology/approach
The stages in the publishing journey are identified. The journey commences with the articulation of a contribution and building relationships with supervisors and other researchers. It then moves on to the evaluation and selection of appropriate journals (including consideration of open access publishing options), publishing policies and ethics, writing and revising the article and submitting and subsequently revising your article in response to reviewers’ comments.
Findings
This paper concludes with an acknowledgement of the shifting nature of journal publication processes and contexts and the need for doctoral and ECRs to continue to monitor changes in journal publication practices.
Originality/value
Whilst other articles and publisher web pages offer advice on getting published in specific journals and disciplines, few provide a rounded perspective of the experience of publishing and how this can be navigated successfully.
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The purpose of this chapter is to critically examine the extent to which oil multinational corporations (MNCs) can be both money makers and peace makers in the Niger Delta area of…
Abstract
Purpose
The purpose of this chapter is to critically examine the extent to which oil multinational corporations (MNCs) can be both money makers and peace makers in the Niger Delta area of Nigeria, and to consider its implication for the role of business in conflict mitigation in resource-rich African countries.
Design/methodology/approach
The chapter presents a theoretical analysis based on secondary data and empirical research.
Findings
There is now an emerging consensus that business can be peace makers and money makers in developing countries as part of their social responsibility. However, the tendency to explore business-conflict linkage largely from a business perspective and to see conflict as an “incidence” that business has to respond to, as opposed to a “dynamic process” that is a function of the breakdown of stakeholder relationship, limits our understanding of the relationship between business and conflict. Focusing on the Niger Delta in Nigeria, it is argued that the contradictory tension inherent in the peace making efforts of oil MNCs and the nature of their core business activities (i.e., oil extraction) limits the incentives and undermines the capacity of oil MNCs to be peace makers.
Originality/value
The chapter contributes a critical perspective to the literature on business and conflict informed by nearly two decades of empirical research undertaken by the author in Africa. It analyzes how contextual factors in resource-rich African countries, previously neglected in the literature, influence both the willingness and ability of business to contribute to peace. It concludes by discussing the theoretical and practical implications for the role of business in conflict zones.
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This article explains that in the current global context dominated by market ideology, there has been a significant shift in the nature of the state based on promarket neoliberal…
Abstract
This article explains that in the current global context dominated by market ideology, there has been a significant shift in the nature of the state based on promarket neoliberal principles in most countries, including those in the developing world. Under this emerging neoliberal state characterized by the primacy of market forces and adoption of market-driven policies and programs, the role of the public service has also changed in terms of its increasing concern for streamlining public sector activities, enhancing economic efficiency, improving customer satisfaction, and so on. After exploring such impacts of the current neoliberal state formation on the public service's role, the article briefly examines the socio-political consequences of this changing role, especially in developing nations.
James A. Dalton and Louis Esposito
John McGee's 1958 paper, “Predatory Price Cutting: The Standard Oil (NJ) Case,” has had an astonishing influence on both antitrust policy in the United States and economic lore…
Abstract
John McGee's 1958 paper, “Predatory Price Cutting: The Standard Oil (NJ) Case,” has had an astonishing influence on both antitrust policy in the United States and economic lore. McGee argued that predatory pricing is irrational and his analysis of the Standard Oil Company Matter, decided in 1911, led him to conclude that the Record in this case does not show that Standard Oil engaged in predatory pricing. This single publication appears to serve as a foundation of the U.S. Supreme Court's position on the issue of predatory pricing, as well as the assertion by many economists that predatory pricing is irrational and rarely occurs.
Numerous arguments have been advanced during the past 25 years that predatory pricing can be a rational strategy. As to McGee's empirical findings, there has been no re-examination of the Record of the Standard Oil case to determine the validity of his finding that the trial “Record” does not support the claim that Standard Oil engaged in predatory pricing.
We examined this Record and have found that the trial Record contains considerable evidence of predatory pricing by Standard Oil. Therefore, the Record does not support McGee's conclusion that Standard Oil did not engage in predatory pricing.
Thus, the decisions of the Supreme Court in recent years, as well as the opinions of many economists, concerning predatory pricing are not consistent with either current theory or the empirical record.
Jaime A. Teixeira da Silva and Panagiotis Tsigaris
The issue of “predatory” publishing and the scholarly value of journals that claim to operate within an academic framework, namely, by using peer review and editorial quality…
Abstract
Purpose
The issue of “predatory” publishing and the scholarly value of journals that claim to operate within an academic framework, namely, by using peer review and editorial quality control, but do not, while attempting to extract open access (OA) or other publication-related fees, is an extremely important topic that affects academics around the globe. Until 2017, global academia relied on two now-defunct Jeffrey Beall “predatory” OA publishing blacklists to select their choice of publishing venue. This paper aims to explore how media has played a role in spinning public impressions about this issue.
Design/methodology/approach
The authors focus on a 2017 New York Times article by Gina Kolata, on a selected number of peer reviewed published papers on the topic of “predatory” publications and on an editorial by the Editor-in-Chief of REM, a SciELO- and Scopus-indexed OA journal.
Findings
The Kolata article offers biased, inaccurate and potentially misleading information about the state of “predatory” publishing: it relies heavily on the assumption that the now-defunct Beall blacklists were accurate when in fact they are not; it relies on a paper published in a non-predatory (i.e., non-Beall-listed) non-OA journal that claimed incorrectly the existence of financial rewards by faculty members of a Canadian business school from “predatory” publications; it praised a sting operation that used methods of deception and falsification to achieve its conclusions. The authors show how misleading information by the New York Times was transposed downstream via the REM editorial.
Originality/value
Education of academics.
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