Third World multinationals revisited: A research critique and future agenda

ABSTRACT In this work we test the hypothesis that Israel has a strategic dependency on territorial labour. We also look at the situation of dependency on this commuting labour in both the occupied territories and Israel and, subsequently, examine the strategic impact of the growth in Israeli capital on the future of this labour market.     

Culture-centric pre-emptive counterinsurgency and US Africa Command: assessing the role of the US social sciences in US military engagements in Africa

The twenty-first century has seen a continued evolution of the US military’s strategic interest in socio-cultural knowledge of (potential) adversaries for counterinsurgency strategies. This paper explores the implications of the reinvigorated and expanding (post-9/11) relationship between social science research and US military strategy, assessing the implications of US Africa Command strategies for preventive counterinsurgency. Preventative counterinsurgency measures are ‘Phase Zero’ or ‘contingency’ operations that seek to prevent possible outcomes, namely threats to ‘security’ in Africa. The research initiatives of US Africa Command illustrate a culture-centric approach to this strategy, which seeks to draw from detailed socio-cultural knowledge in the prevention of possible populist or popular uprisings. Recent such uprisings, resistance actions and strikes in the continent illustrate a problematic tendency to interpret various forms of populist resistance as ‘terrorist’ actions, thereby condoning the bolstering of African national military capacity. The article considers the implications of these culture-centric counterinsurgency strategies as a means of anticipating and repressing the variety of mobilisations encapsulated within the ‘terrorism’ catchall. We conclude by urging social scientists to reject and disconnect from US Africa Command’s missions and knowledge acquisition efforts in Africa.     

State intervention and neoliberalism in the globalizing world economy: lessons from Singapore's regionalization programme

The recent 1997-98 Asian economic crisis has thrown Asia's divergent pathways to development into serious question. Protagonists of neoliberalism argue that their agenda is now becoming a global orthodoxy when several ailing Asian economies have accepted IMF packages which come with neoliberal economic programmes. Drawing on lessons from Singapore's regionalization programme, this article contends that it is far too early to conclude that Asian developmental states are giving up their governance of domestic economies. Instead, there is evidence that these Asian developmental states are re-regulating their domestic economies to ride out of the economic crisis. The article first starts with the debate between neoliberalism and state developmentalism in our understanding of global political economy. It then examines the political economy of Singapore's regionalization programme through which Singapore-based transnational corporations are strongly encouraged by the state to regionalize their operations, followed by a critical discussion of the impact of the recent Asian economic crisis on the re-regulation of the regionalization programme by the state in Singapore. Some lessons for Asian emerging economies are suggested in the concluding section.     

Global norms in domestic politics: environmental norm contestation in Cambodia's hydropower sector

Policymakers in many developing Asian countries have commonly relied on investment incentives as a major policy instrument to attract foreign investment. Using comparative case studies of Asian transnational corporations (TNCs) in Southeast Asia, this paper argues that investment incentives per se are ineffective in attracting foreign investment. The paper first examines the role of government incentives in the inflow of foreign investment, with particular reference to the Southeast Asian region. It then provides a comparative study of Hong Kong and Taiwanese investments. Hong Kong TNCs are shown to have invested in Southeast Asia because of market or market‐related reasons, not investment incentives per se. To these firms from Hong Kong, investment incentives are more a kind of post hoc rationalization of their decision making. For the Taiwanese investors in Malaysia, government incentives are less important than the existence of market access and the friendly host country environment. The paper also suggests some implications and specific policy recommendations for policymakers in host country governments. Instead of over‐reliance on investment incentives, host country governments should be more concerned with: 1) a commitment to internationalization through the promotion and marketing of international images; 2) the upgrading of domestic resources through continuous training and development; 3) a more efficient allocation of resources; 4) supra‐national coordination and promotion.     

Corporate power,US drug enforcement and the repression of indigenous peoples in Latin America

Abstract

The question that motivates this article is: what are the mechanisms through which the prosecution of the drug war in Latin America lead to human rights repression? In answering this question, I theorise that drug enforcement is a coalition of actors that facilitates domestic and international consensus around prohibition as a mechanism for corporate expansion. Drug war infrastructure financing is likely to facilitate the expansion of corporate investments by resource-seeking industries that require greater land use, which encroaches on the ancestral territories of indigenous peoples. And, in response to indigenous resistance to corporate appropriation of ancestral lands, resource-seeking transnational corporations will collude with private security firms and paramilitary organisations to repress and eliminate indigenous resistance. In the process of accumulating capital in Latin America, transnational corporations, domestic security, and paramilitary organizations are the drug enforcement coalition’s mediators of terror.     

Regulation by Blockchain: the Emerging Battle for Supremacy between the Code of Law and Code as Law

This paper critically examines the intersection and interactions between conventional law produced and enforced by national legal systems (ie the ‘code of law’) and the internal rules of blockchain systems, which take the form of executable software code and cryptographic algorithms operating across a distributed computing network (‘code as law’).  In so doing, it seeks to identify whether, and to what extent, ‘regulation by blockchain’ will successfully avoid governance by conventional law.   It identifies three different ways in which the code of law is likely to interact with code as law, based primarily on the intended motives and purposes of those engaged in activities in developing, maintaining or undertaking transactions upon the network.  It argues that these different classes of case are likely to generate different kinds of dynamic interaction between the blockchain code and conventional legal systems, and critically examines the normative foundations of these emerging and anticipated interactions.     

Market Rules: The Incidental Relationship between Democratic Compatibility and International Commerce

Democracies trade more with other democracies than they trade with closed political systems, but why they do so is unclear. We present a "gravity equation" that disentangles foreign policy from country-specific influences on trade by adding explanatory variables to control for traits of both the mass public and the domestic political system. We apply the resulting model to a data set covering 50 years (1948–1997) and 72 countries. The estimated effect of joint democracy, which appears in the absence of the country-specific variables, drops out when these control variables are added to eliminate omitted variable bias. Democracies do not trade together any more than they would incidentally given the usual social, economic, and political influences on commercial activity, calling into question explanations for their mutual trade activity that rely on foreign-policy favoritism or institutional compatibility.     

Foreign Direct Investment and Investment Environment in Dongguan Municipality of Southern China

Based on 26 case studies, this paper investigates the socio-economic causes of the inflow of FDI and its policy implications in Dongguan. The favourable factors for foreign investors in Dongguan can be categorised under the Dunning's OLI (ownership, locational and internalisation advantages) framework. This paper argues that factors other than policy incentive, such as sub-contractual and pseudo integration, are playing more important roles in attracting the inflow of FDI and maintaining the high level of economic growth in Dongguan. This finding questions the effectiveness of policy incentives, such as tax-breaks, implemented by the Government as a means to attract FDI in Dongguan. The existence of 'Chinese crony capitalism' calls for further improvement in the implementation of laws and regulations in Dongguan and the reduction of bureaucratic red-tape by the central and local governments.