Conceptualizing community economic development strategic framework for poverty alleviation: The case of Raymond Mhlaba Local Municipality

Economic regeneration is a segment of neighbourhood renewal that boosts community economics and sustains certain principles of sustainable urbanization. The community economic development framework for poverty reduction, the implementation loop for stakeholder collaboration, and the Neo‐Marxist community economic development strategy for local economic freedom are imperative for sustaining and renewing the idealism of shared prosperity, which is the basis of collectivism and community economic development in relation to community development. Because, where there is poor economic vivacity; it is difficult, if not impossible for such community to galvanize towards the realisation of the sustainable development agenda, is tied to economic vivacity of an area. It is on this ground that this paper develops a neighbourhood regeneration model or the community economic development strategic framework for poverty alleviation for the Raymond Mhlaba Local Municipality. Data were sorted from Statistics South Africa, ScienceDirect, EBSCOHost, Proquest, and Scopus among others, and the data were cushioned with substantial qualitative analysis. Triangulation, content, and theme analysis were used to analysis the data and propose the models for the paper. It must be noted that an understanding and appreciation of this paper is dependent on the understanding of the earlier papers advanced in this series. Finding demonstrates the suitability and the need for models in empowering those at the rural areas in South Africa.     

Market segmentation and lender specialization in the primary and secondary mortgage markets

Abstract

This paper provides a comprehensive evaluation of market segmentation and lender/purchaser specialization in the primary and secondary mortgage markets. It describes and assesses the 1990 Home Mortgage Disclosure Act (HMDA) data, which for the first time provide detailed information on the borrower and neighborhood racial and income characteristics of mortgage loan originations and securitizations in the primary and secondary mortgage markets. Evidence presented in the paper indicates that home purchase loan origination rates for black applicants—and, to a lesser degree, Hispanic applicants—appear to be significantly lower than those of other racial or ethnic groups. Similarly, the HMDA data reveal that home purchase mortgage origination rates in predominantly minority census tracts are significantly lower than those in predominantly white neighborhoods. The HMDA data also indicate a striking reliance of black borrowers on government‐backed forms of mortgage credit.

The paper further reveals that secondary market loan purchase distributions arrayed by borrower and neighborhood characteristics generally reflect those of home mortgage originations. The borrower and locational characteristics of home purchase loans acquired by the Government National Mortgage Association (GNMA) directly reflect that agency's legislated specialization in government‐backed loans, whereas the characteristics of loans acquired by Fannie Mae and Freddie Mac for the most part derive from the borrower and geographic composition of conventional home purchase loan originations. Findings of analyses of HMDA data raise concern regarding the access of minority and low‐income households and neighborhoods to mortgage finance. Those results also raise some question as to whether the federally chartered agencies in the secondary market are adequately promoting the availability of mortgage credit to low‐ and moderate‐income and minority households.     

Venezuela,April 2002: Coup or Popular Rebellion? The Myth of a United Venezuela

This article assesses the merits of opposing National Assembly reports into the coup against President Chávez of Venezuela in April 2002. Looking at the historical context and the content of the reports, it argues that the two opposing accounts reflect a class division that has always existed in Venezuela but has been officially denied. It concludes that a possible exit from the stalemate could be that the opposition accept the reality of this class division and therefore the Chávez government as a legitimate representative of the popular classes. This, however, is unlikely in the present circumstances.     

The paradoxes of ‘rational’ death

He has written widely on issues of moral theory, medical ethics, and moral theology. He is author of Medical Ethicsand co-editor of Set No Limits.He is currently completing a book titled The Distant Edge of Lifewhich examines Roman Catholic teaching on rational suicide.     

The Continuing Relevance of Marxism to Critical Criminology

Since the early 1990s, the ``new directions' in Critical Criminology have consciously excluded Marxism as being out-dated. This article critically assesses the fundamental theoretical shifts within critical criminology. It argues that Marxism remains as relevant as ever for analysing crime, criminal justice, and the role of the state. There is a great need for critical criminologists to redirect their attention back to Marxist theory by developing and extending its tools of critical theoretical analysis. This revised version was published online in July 2006 with corrections to the Cover Date.