A note on the functioning of international commodity price stabilisation agreements in periods of fluctuating monetary exchange rates

A belief held by many government officials and development economists is that sizeable and irregular commodity price fluctuations have important detrimental effects on both exporting and importing countries. Given the nature of these adverse effects attempts have been made to negotiate international price stabilisation agreements under which some central authority would make market interventions to offset the random price fluctuations. However, this study argues that the utility of such agreements should be re‐examined due to the effects of floating exchange rates. Empirical evidence is also presented which shows that recent exchange rate variability has had at least as much of a destabilising influence on commodity export earnings as fluctuating prices, and that the effects are borne unevenly by exporters of the same commodity due to their association with different currency blocks. When examined from the viewpoint of commodity importers the price and exchange rate effects are also found to be very different for individual countries.     

Popular Punitiveness? Punishment and Attitudes to Law in Post-Soviet Georgia

Georgia is the only country in the post-Soviet region where incarceration rates significantly grew in the 2000s. Then in 2013, the prison population was halved through a mass amnesty. Did this punitiveness and its sudden relaxation after 2012 impact attitudes to the law? We find that these attitudes remained negative regardless of levels of punitiveness. Furthermore, the outcomes of sentencing may be less important than procedures leading to sentencing. Procedural justice during both punitiveness and liberalisation was not assured. This may explain the persistence of negative attitudes to law. The Georgian case shows that politically-driven punitive turns or mass amnesties are unlikely to solve the problem of legal nihilism in the region.     

Making the Korean nation in the Russian Far East, 1863–1926

Exploring the history of Koreans in the Russian Far East from the perspective of New Imperial History, the article demonstrates that political activism of Koreans and policies of the Russian (Soviet), Korean, and Japanese governments resulted in consolidation of two visions of their future. The first vision implied unity between the Koreans living in the Russian Far East with those who stayed in Korea, moved to Japan, or emigrated elsewhere and corresponded to the agenda of building a Korean nation. The second vision implied that the bilingual or Russified Koreans aspired to stay in the Russian Far East permanently, ensuring their own livelihood in the new regional frontier. The two currents interlaced in the project of Korean autonomy in a post-imperial state, first the Far Eastern Republic and later the Union of the Soviet Socialist Republics. The project involved inclusion of Koreans into the global spread of revolution through the Communist International and left open the issue of the duration of Korean presence in the Russian Far East. Its ultimate failure in 1926 left the Koreans partly excluded from the Soviet system without the institutional benefits of national autonomy.     

Solidarity or hierarchy?: India’s identification with Africa and the postcolonial politics of race

The idea of solidarity between India and Africa has long drawn heavily from historical sources, including the anti-colonial legacies of Jawaharlal Nehru and Mahatma Gandhi, and ongoing frustration with a hierarchical world order that subordinates them from international decision-making. In this article, I consider the historical ambivalence embedded within the ways in which India now identifies with and talks about “Africa.” I argue that elements of the Modi government’s political project is changing the meaning of India’s identification with “Africa.” After a brief theoretical discussion and a consideration of the historical context, I look at two recent examples in which India’s relationship with Africa was narrated: the 2015 India–Africa Forum Summit and the recent furor over attacks on African students in India. This has already caused upset between India and specific African states. Although still premised on shared resistance to hierarchy, there are signs that the idea of “India-Africa relations” itself can become a hierarchical discourse.