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Many emerging and developing economies (EDEs) have liberalised their capital accounts, allowing greater freedom for international lenders and investors to enter their markets. This volume provides an empirical account of deeper integration of EDEs into the global financial system and discusses its implications for stability and growth.
This book is the product of three years of empirical research, four years in politics, and a lifetime in a country experiencing three different regimes. Transcending disciplinary boundaries, it provides a fresh answer to a simple yet profound question: why has liberal democracy retreated? Scheiring argues that Hungary’s new hybrid authoritarian regime emerged as a political response to the tensions of globalisation. He demonstrates how Viktor Orbán’s Fidesz exploited the rising nationalism among the working-class casualties of deindustrialisation and the national bourgeoisie to consolidate illiberal hegemony. As the world faces a new wave of autocratisation, Hungary’s lessons become relevant across the globe, and this book represents a significant contribution to understanding challenges to democracy. This work will be useful to students and researchers across political sociology, political science, economics and social anthropology, as well democracy advocates.
Transnational spatial relations offer a key point from which to study the geographies of contemporary globalization. This book assesses the possible cross-fertilization between two of the most notable analytical frameworks - the world city network framework and the global commodity chain framework. Transnational spatial relations have become a key analytical lens through which to study the geographies of contemporary globalization Brings together contributions of key researchers from different backgrounds and different parts of the world Offers a set of original approaches to the study of the networked geography of globalization
This book fills the gap between theories and practices of corporate governance in emerging markets by providing the reader with an in-depth understanding of governance mechanisms, practices and cases in these markets. It is an invaluable resource not only for academic researchers and graduate students in law, economics, management and finance but also for people practicing governance such as lawmakers, policymakers and international organizations promoting best governance practices in emerging countries. Investors can benefit from this book to better understand of these markets and to make judicious investment decisions.
It has increasingly been recognised that rural and urban areas are inextricably interlinked. This book adopts a fresh approach to the issue of rural-urban dynamics through a study of the changing nature of livelihoods, mobility and markets in ten study sites across four countries of Africa and Asia. Building on detailed fieldwork conducted in Ghana, Tanzania, Vietnam and Thailand, the authors explore how settlements and livelihoods are being transformed as long-term inhabitants and recent migrants embrace new economic activities many of which are linked to global markets. The book is structured around the concept of ‘frontier’ which is conceptualized as being a dynamic space where the fo...
Young people in sub-Saharan Africa are growing up in rapidly changing social and economic environments which produce high levels of un- and underemployment. Job creation through entrepreneurship is currently being promoted by international organizations, governments and NGOs as a key solution, despite there being a dearth of knowledge about youth entrepreneurship in an African context. This book makes an important contribution by exploring the nature of youth entrepreneurship in Ghana, Uganda and Zambia. It provides new insights into conceptual and methodological discussions of youth entrepreneurship as well as presenting original empirical data. Drawing on quantitative and qualitative resea...
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Explores the impact of country and firm specific factors, the role of institutions and governments, the strive for compensation of initial disadvantages and the struggle in finding ways to counterbalance late coming into the international arena in the process of internationalization.
This book takes a fresh approach to the puzzle of sub-Saharan Africa’s resource curse. Moving beyond current scholarship’s state-centric approach, it presents cutting-edge evidence gathered through interviews with mining company executives and industry representatives to demonstrate that firms are actively controlling the regulation of the gold mining sector. It shows how large mining firms with significant private authority in South Africa, Ghana and Tanzania are able to engender rules and regulations that are acknowledged by other actors, and in some cases even adopted by the state. In doing so, it establishes that firms are co-governing Africa’s gold mining sector. By exploring the implications for resource-cursed states, this significant work argues that firm-led regulation can improve governance, but that many of these initiatives fail to address country/mine specific issues where there remains a role for the state in ensuring the benefits of mining flow to local communities. It will appeal to economists, political scientists, and policy-makers and practitioners working in the field of mining and extractives.
Over the past four decades, policy makers and stakeholders have struggled with the challenge of promoting industrial development in low and middle-income economies in general, and in sub-Saharan African (SSA) in particular. With the rise of the Asian Drivers (China and India) and their increase in demand for raw materials to fuel growth, the turn of the millennium saw a commodity price super-cycle emerge, benefiting a number of resource rich countries in SSA. Faced with the specter of the Resource Curse, this book examines an industrial pathway where countries can Make the Most of Commodities. Bringing together ground-breaking research in the commodity sectors, this book uses case-studies to explore conduits for industrial development, focusing on backward and forward linkages, with policy advice for both governments and corporate sectors.