The Catalytic Effect of IMF Lending: Evidence from Sectoral FDI Data

Our study contributes to the search for the elusive catalytic effect of International Monetary Fund (IMF) lending on inflows of foreign direct investment (FDI). Recent scholarship has found that the catalytic effect is conditional on political regime and program stringency. We contribute to this literature by developing and testing a theory which describes how the catalytic effect also varies by economic sector. This is a departure from existing studies, which have tended to focus on aggregate FDI flows after crises. Our findings corroborate previous research, which finds that in general IMF lending has a substantial and negative effect on FDI. However, we find that the negative effect is concentrated in sectors that are highly dependent on external capital and have low sunk costs in the host country. Our findings are robust to several alternative explanations common in IMF literature, namely the importance of IMF program design and the ability of governments to make credible commitments to reform. Substantively, our findings suggest that investors are more likely to use IMF lending as an escape hatch in countries where FDI is dependent on external capital and has low sunk costs.     

Contested geopolitical messages for tourists at the Okinawa Peace Park and memorials

Abstract

Now marketed as a tropical beach destination, Okinawa's identity is also forever linked with the horrors of war. Okinawa's tumultuous past encompasses the Ryukyu Islands, which had close economic ties to China until being annexed by mainland Japan, were invaded by the US in the Second World War, were occupied until 1972 and, more recently, have become the centre of heated debates over the continued presence of US military bases. The Battle of Okinawa was one of the bloodiest of the Second World War and the inhabitants faced not only the American invasion but also the tactics of the Japanese army, who viewed the islands as expendable in order to slow invading forces from reaching mainland Japan. In the context of the seventieth anniversary of the end of the Battle of Okinawa in 2015, and beyond, it is argued here that these conflicting geopolitical disputes present significant challenges in terms of the messages presented to educational dark tourists visiting the Okinawa Peace Park and Memorials. The Peace Park Story Tellers or kataribe who are the Second World War survivors, have the critical task of mediating the message to both domestic and international tourists, some of whom are not prepared to hear anti-Japan sentiment. Through an examination of the historical and geographic background, and an analysis of the tourist experience at the Peace Park and Memorials, this paper explores the complexity of educational dark tourism where competing messages collide.     

Does fertiliser use improve household welfare? Evidence from Ghana’s cocoa industry

This article analyses welfare impacts of fertiliser adoption using data collected from 838 cocoa farm households in the four key cocoa-producing regions in Ghana. Using propensity score matching (PSM), the study indicates that application of fertiliser leads to significant gains in farm yields, farm income, consumption expenditure, consumption expenditure per capita, and value of productive farm assets. The article concludes that cocoa-specific programmes such as Cocoa High Technology (Cocoa Hi-tech), initiated to intensify the application of improved farm technologies such as fertiliser, should be strengthened through effective and efficient management systems.     

Young Adult Unemployment and Later Depression and Anxiety: Does Childhood Neighborhood Matter?

Young adulthood represents a developmental period with disproportionately heightened risk of losing a job. Young adult unemployment has been linked to increased mental health problems, at least in the short term. However, their possible long-term impacts, often referred as “scarring effects,” have been understudied, possibly underestimating the magnitude of mental health burden that young adult unemployment generates. This longitudinal study examined whether duration of unemployment during young adulthood is associated with later mental health disorders, after accounting for mental and behavioral health problems in childhood. Furthermore, the current study investigated whether childhood neighborhood characteristics affect this association and if so, in what specific functional ways. Data were drawn from a longitudinal study of developmental outcomes in a community sample in Seattle. Data collection began in 1985 when study participants were elementary students and involved yearly assessments in childhood and adolescence (ages 10–16) and then biennial or triennial assessments (ages 18–39; N?=?677 at age 39; 47% European American, 26% African American, 22% Asian American, and 5% Native American; 49% female). The current study findings suggest that duration of unemployment across young adulthood increased mental health problems at age 39, regardless of gender. Childhood neighborhood characteristics, particularly their positive aspect, exerted independent impacts on adult mental health problems beyond unemployment experiences across young adulthood. The current findings indicate a needed shift in service profiles for unemployed young adults—a comprehensive approach that not only facilitates reemployment but also addresses mental health needs to help them to cope with job loss. Further, the present study findings suggest that childhood neighborhoods, particularly positive features such as positive neighborhood involvement, may represent concrete and malleable prevention targets that can curb mental health problems early in life.

     

The Role of Stressful Parenting and Mineralocorticoid Receptor Haplotypes on Social Development During Adolescence and Young Adulthood

Journal of Youth and Adolescence - The development of social behavior could be affected by stressful parenting. The mineralocorticoid receptor, one of the two main receptors for the stress hormone...     

Parental Authoritativeness,Social Support and Help-seeking for Mental Health Problems in Adolescents

Journal of Youth and Adolescence - Adolescents experience high rates of mental health problems but are reluctant to seek professional help. Parents play an integral role in the help seeking process...     

Emotional Coregulation in Mexican-Origin Parent–Adolescent Dyads: Associations with Adolescent Mental Health

Research on the health benefits and consequences of close relationships has suggested the linkage in daily emotions (i.e., coregulation) between close partners is an important relationship dynamic. While the coupling of daily emotions among family members (parent–child and marital dyads) has been widely documented, research examining emotional coregulation among ethnic minority youth during adolescence, a period marked by heightened emotion and risk for psychopathology, remains an important area in need of exploration. This study examined correlates of emotional coregulation in a sample of Mexican-origin adolescents (M_age?=?15.02, SD?=?.83) and their parents (M_age?=?41.93, SD?=?6.70). Dyads reported on daily levels of distress and happiness for 14 consecutive days across two waves of data collection a year apart (n_wave1?=?428 dyads, n_wave2?=?336 dyads). Dyads who reported getting along were more likely to coregulate their daily happiness. Importantly, coregulation of distress was only present in older adolescents who reported above average levels of internalizing symptoms. The results suggest coregulation of distress may shape or be shaped by poor mental health during the later years of adolescence, a time when youth may be establishing a degree of emotional autonomy from parents.

     

Loring Paul Jones: Life After Foster Care: Improving Outcomes for Former Foster Youth

Journal of Youth and Adolescence -     

Russia’s ministry of ambivalence: the failure of civic nation-building in post-Soviet Russia

This article argues that the sources of official and societal ambivalence towards civic nationhood in today’s Russia are found in the institutional instability and personalist dynamics of hybrid regime politics in the 1990s. Successful civic nation-building should institutionalize inclusive criteria for citizenship as a basis for policymaking, which in turn should create incentives for dominant ethnicities to embrace civic nationhood. While the shifting views of Boris Yel’tsin on nationalities policy and the constant turmoil in the government’s nationalities ministry have received little scholarly attention, they illuminate the endogenous sources of regime instability in relation to civic nation-building. Russia’s experience thus challenges the traditional view of ethnic nationalism as fostering authoritarianism and civic nationalism as fostering democracy: rather, competitive authoritarianism in the 1990s confounded the regime’s own efforts toward civic nation-building and laid the groundwork for the “ethnic turn” in Russian politics under Vladimir Putin.