Subcontracting,growth and capital accumulation in small‐scale firms in the textile industry in Turkey

This study examines capital accumulation and growth among subcontracting small‐scale textile firms. We find that, in spite of the higher average profitability of non‐subcontracting production relative to subcontracting, the average annual rate of capacity expansion between the two groups is not statistically different from the former. This implies that the higher average productive capacity of the non‐subcontractors relative to that of the subcontracting firms are due to differences in their initial capacity. The study further suggests that there may be no easy transition from subcontracting to independent production. For many subcontractor firms in the sample, the cost of inputs required for independent production exceeds the current value of their gross earnings by a multiple.     

Modelling the impact of world bank policy‐based lending: The case of Malawi's agricultural sector

This article uses a multi‐market agricultural pricing model to analyse the impact of the World Bank's three structural adjustment loans (SALs) to Malawi on the smallholder agricultural sector. Three price policy scenarios are simulated on the model representing zero, partial and full compliance with the Bank's SAL price policy conditionality. These scenarios are analysed in terms of their impact on: the government budget; smallholder real incomes; maize production; exportable cash crop production; and the balance of payments. Critiques of the Bank's programme and the government and Bank bargaining strategies are assessed in the light of the modelling results.     

Deindustrialisation and the social and economic sustainability nexus in developing countries: Cross‐country evidence on productivity and employment

In an empirical investigation of the interactions between industrial structure and macro outcomes, an accounting framework was applied to relate changes in sectoral employment and output compositions to changes in overall productivity growth over time. The numerical results were interpreted using a taxonomy describing industrialisation and deindustrialisation in developing countries. The findings suggest that, in particular, industrial performance correlates with the overall performance of an economy, and therefore is the key sector in explaining the sustainability of different regional patterns in overall productivity and employment growth. That is, negative rates of productivity growth in the industrial sector are strongly associated with negative productivity growth for the economy as a whole, and vice versa. Further, slow industrial growth may lead to low road development, in which productivity growth trades off with employment growth, while high road development is defined as simultaneously expanding employment and overall productivity growth.     

Utilising 360‐degree feedback in the public sector: A case study of the Korean central government

The 360‐degree feedback involves all aspects of a group: managers, colleagues, subordinates, and customers. Recently, the Korean Civil Service Commission (CSC) supports the use of multiple raters as an effective method of assessing performance, both for developmental and appraisal needs. The 360‐degree feedback was officially adopted for employee promotion in the Korean central government in 1998. However, there are direct costs in designing 360‐degree feedback instruments and in training sessions for implementation, as well as human costs that include confusion and fear about 360‐degree feedback. Like many organisational change efforts, cultures and habits are slow to change. Autocratic managers can be reluctant to change the rules in any fashion that could pose a threat to their positions of power.     

Misrecognitions and missed opportunities: post‐structuralism and the practice of development

Over the past 20 years post‐structuralist scholars have produced critiques of the field of development. In some circles it is now quite broadly accepted that this approach is futile and that we ought to move into a ‘post‐discourse’ era. By way of counterpoint, this paper argues that such exchanges are based on misrecognitions whose acceptance forecloses possibilities that both critics and their detractors would welcome. The paper is broken into two sections. The first engages problems ascribed to post‐structuralist critiques that seem to have been particularly successful in discouraging further engagement. The second explores three aspects of a single moment of post‐structuralist thought that have been obscured by current debate. Engaging these aspects, while bringing difficulties of its own, may secure conditions necessary for the emergence of the sorts of partnerships often claimed as necessary both by developers and by their post‐structuralist critics.     

Outlook for the ‘developing country’ category: a paradox of demise and continuity

In the 2016 edition of its World Development Indicators (WDI), the World Bank introduced an important change in the way it categorises countries: it explicitly stated the intention to eliminate the distinction of countries as ‘developing’ and ‘developed’. This decision represents the first time one of the world’s most powerful and influential international organisation has overtly decided to move away from this fuzzy-yet-ubiquitous terminology for categorising countries (and not proposing to replace the division). This paper takes this shift to discuss country groupings based on development levels, particularly the ‘developed’/’developing’ dichotomy, focusing on the latter term. The paper argues for a paradoxical scenario, wherein the label ‘developing’ will increasingly become analytically useless while concurrently retaining – or even strengthening – its power in the context of foreign policy strategies. The analysis details the motives behind this paradox and provides a reasoning for when and why the term’s usage is likely to be weakened or strengthened. Simply put, the ‘developed’/’developing’ dichotomy is weakening in its analytical capacity, mostly due to the increasing heterogeneity among countries under the ‘developing’ label and concurrent porosity of ‘boundaries’ between the two categories, while showing little sign of being phased as a term for self-identification.     

The growth of multinational banking,the Euro‐currency market and their effects on developing countries

This paper describes the recent rapid growth of transnational banking and lending, as well as it causes. Since the early seventies, a growing proportion of this lending has been oriented towards developing countries. The principal causes for this trend are outlined, and the changes in the mechanisms of the ‘Eurodollar market’ which made access to it easier for developing countries are described. The trends prevailing in developing countries’ financing throughout the seventies are then examined. Finally, the economic and political effects of the rapid growth in lending by private banks to the Third World are discussed.     

Foreign trade regimes and the FDI–Growth Nexus: a case study of Thailand

This article examines the role of trade policy regimes in conditioning the impact of foreign direct investment (FDI) on growth performance in investment receiving (host) countries through a case study of Thailand. The methodology involves estimating a growth equation, which provides for capturing the impact of FDI interactively with economic openness on economic growth, using data for the period 1970–99. The results support the ‘Bhagwati’ hypothesis that, other things being equal, the growth impact of FDI tends to be greater under an export promotion (EP) trade regime compared to an import-substitution (IS) regime.     

Economic liberalisation for high-tech industry development? Lessons from China's response in developing the ICT manufacturing sector compared with the strategies of Korea and Taiwan

Abstract

This paper argues that China's response to economic liberalisation, which artificially focuses on promoting particular sizes of firms, cannot improve technological capabilities in the ICT manufacturing industry. Not only have historical and economic conditions created difficulties in adopting Korean and Taiwanese style policies, but also competitive ICT firms in the global economy are increasingly moving from manufacturing to innovation activities against a backdrop of increasing economic liberalisation. Given the WTO and ITA agreements, the main path which Korea and Taiwan employed is now unavailable. The government therefore should leave the size of firms to market forces.     

States and the constitutionalization of international relations: A view from the mid‐Atlantic

Michael J. Baun, An Imperfect Union: The Maastricht Treaty and the New Politics of European Integration (Westview, Boulder, CO, 1996), xvi + 182 pp., ISBN 0–8133–2710–5 (hb), 0–8133–2711–3 (pb)

Michael Calingaert, European Integration. Progress, Prospects and US Interests (Westview, Boulder, CO, 1996), xiii +223 pp., ISBN 0–8133–2953–1 (hb), 0–8133–2954‐X (pb)

Brian Hocking and Michael Smith, Beyond Foreign Economic Policy. The United States, the Single European Market and the Changing World Economy (Pinter, London, 1997), 216 pp., ISBN 185567–269–3

John Peterson, Europe and America: The Prospects for Partnership (Routledge, London, 1996, 2nd edn), xii +240 pp., ISBN 0–415–14653–4 (hb), 0–415–13864–7 (pb)     

Exchange rate policy and price level changes: Casualty tests for Turkey in the post‐liberalisation period

The purpose of the present study is to examine the relationship between exchange rate changes and price level changes in Turkey during the 1980s using some modified Granger causality tests. During this period, Turkish exchange rate policy was characterised by considerable flexibility, in contrast to the long‐standing policy of fixing the exchange rate until a foreign exchange crisis necessitated devaluation. The weight of the evidence presented suggests that Granger causality runs from price level changes to exchange rate changes but that there is not feedback causality from exchange rate changes to price level changes. This conclusion is not altered by the inclusion of a money supply variable. Thus, for Turkey, exchange rate adjustment does not seem to have created a vicious cycle of currency depreciation leading to inflation as is often feared. Whether this result will hold for other developing countries which adopt flexible exchange rate regimes will require further testing.     

Measuring trade strategy in the presence of non‐tradeables: Theory and some evidence for the Caribbean

This article models trade policies in the presence of non‐tradeables, and investigates trade strategy interventions and outcomes where the price of non‐tradeables endogenously adjusts to trade interventions. Trade regime bias and neutrality issues are examined within a three‐sector, open economy model. The theoretical framework is operationalised using empirical evidence for Trinidad and Barbados. The robustness of partial equilibrium measures of protection for classifying trade strategies is challenged and evidence on alternative general equilibrium or ‘true’ measures of protection is reported. ‘True’ or revealed trade strategies are shown to differ from those apparently intended by policy‐makers.     

Women,work and Weil‐being in the Middle East: An outline of the relevant literature

This paper argues that a formalised small-scale gold mining sector could ameliorate Sierra Leone's emerging ‘crisis of youth’. Burgeoning pockets of unemployed young men now found scattered throughout the country, the mobilisation of whom proved instrumental in prolonging civil war in the 1990s, have fuelled fresh concerns about renewed violence. If supported, small-scale gold mining could provide immediate economic relief in the form of direct employment and downstream activities. Its promotion, however, is contingent upon a radical change in mindset in policymaking circles. Gold mining continues to be associated with diamond mining, an industry which perpetuated the country's civil war.     

‘No place like home': experiences of an Ethiopian migrant in the host country and as a returnee to the homeland

ABSTRACT

Using an in-depth interview with an Ethiopian returnee who lived abroad for 17 years, this study examined both integration and reintegration experiences. For this returnee, the experience of migration was psychologically costly. Challenges in the host country included acquiring a resident permit, overcoming language barriers, and contending with oppression and marginalization. Being treated unequally was a major push factor for his return to Ethiopia. Despite his relief upon reentering his home country, he faced challenges which made reintegration difficult, including the inefficiency of government offices, lack of a work ethic, time mismanagement, and the unsystematic processes in a developing country. To facilitate integration and reintegration processes, more effective policy responses of both the host and home countries are needed. Developing countries should not miss the opportunity to capitalize on the potential contributions of returnees who are committed to bringing about positive change in their homeland.     

Deconstructing the multi-layered nature of citizen participation in Vietnam: conceptual connotations,discourses of international development,and the country’s institutional context

ABSTRACT

Citizen participation is challenging to define in terms of meaning and application. This article begins with setting out the multi-dimensional nature of citizen participation in development. Through conceptual and contextual explorations, this article deconstructs the layers in the following ways: First, citizen participation is embedded with several conceptual connotations, therefore it is manifested to varying degrees and in different scopes of opportunity for citizens to affect policy decisions. Varieties of participation become more diverse when it comes to the power dynamics of different stakeholders, ranging from the government to citizens. Furthermore, its substantive presentation is intimately linked with the variables of citizen empowerment and government responsiveness. The second layer concerns the participatory development approaches of external development agencies. This article articulates how development discourses have integrated and developed the concept of participation, exploring the trajectory and critical concerns raised. The final layer concerns context, particularly Vietnam’s legal and policy frameworks, which explores consistencies and discrepancies between institutional settings and the presentation of citizen participation.