The role of rural indebtedness in the evolution of capitalism

Few studies have attempted to systematize the broader consequences of ordinary indebtedness – the inevitable other side of credit. My purpose here is to suggest four preliminary theses on the role of indebtedness in the evolution of capitalism, with special reference to the rural sphere. I argue that across time and space, credit/debt relations have not only been a key factor behind social differentiation through the control of land, labour and capital (Thesis I). They have also fostered market discipline by forcing the borrower – whether a poor peasant or a company manager – to calculate, pay, trade, work, intensify (Thesis II). Interest-bearing and guarantee-based loans have thus generated pressures for economic growth, short-termism and innovations, but have also undermined traditional community bonds and environmental conditions (Thesis III). Through its remarkable reward-or-punish nature, the credit/debt couple represents a powerful mechanism of social selection that has, in the long run, crucially shaped the evolution of capitalism (Thesis IV).     

Three dilemmas of hybrid regime governance: Russia from Putin to Putin

This article investigates how hybrid regimes supply governance by examining a series of dilemmas (involving elections, the mass media, and state institutions) that their rulers face. The authors demonstrate how regime responses to these dilemmas – typically efforts to maintain control while avoiding outright repression and societal backlash – have negative outcomes, including a weakening of formal institutions, proliferation of “substitutions” (e.g., substitutes for institutions), and increasing centralization and personalization of control. Efforts by Russian leaders to disengage society from the sphere of decision-making entail a significant risk of systemic breakdown in unexpected ways. More specifically, given significantly weakened institutions for interest representation and negotiated compromise, policy-making in the Russian system often amounts to the leadership's best guess (ad hoc manual policy adjustments) as to precisely what society will accept and what it will not, with a significant possibility of miscalculation. Three case studies of the policy-making process are presented: the 2005 cash-for-benefits reform, plans for the development of the Khimki Forest, and changes leading up to and following major public protests in 2011–2012.     

Support for Democracy in Times of Crisis: Diffuse and Specific Regime Support in Portugal and Greece

In the context of a cross-national economic crisis, questions about democratic legitimacy are again topical. We explore the question of democratic legitimacy in Portugal and Greece by employing the conceptual differentiation between diffuse and specific regime support. Our findings indicate that while specific support has fallen in both countries, only Greece has experienced a precipitous fall in diffuse support, suggesting a link between regime performance and support for democracy. Individual-level analyses do not reveal any clear patterns concerning the impact of long-term societal factors or short-term economic considerations. Due to data quality limitations the paper has a predominately exploratory nature.     

Inequality and Growth: Uncovering the Main Conclusions from the Empirics

Abstract

This paper is a critical survey of the empirical literature on the effects of inequality on economic growth. We conclude that it is most likely that the disparities found in the results are due to differences in the type of countries and time periods included in the samples, the variable used to measure inequality, the structure of the data, and the estimation techniques. These findings suggest that the mechanisms that link inequality to growth are likely to operate differently in different circumstances, an element that may offer important guidelines for both policy makers and researchers.     

Inter-industry Productivity Spillovers: An Analysis Using the 1989–1998 Brazilian Trade Liberalisation

Abstract

A major obstacle in the estimation of inter-industry (vertical) productivity spillovers is the need of an exogenous productivity shock. In this article, I propose the use of trade policy changes as a large productivity shock, since the literature has found evidence that trade liberalisations increase industry-level productivity. To do so, I develop a new empirical methodology using spatial econometrics, and apply it to the large economy-wide shock represented by the 1989–1998 Brazilian trade liberalisation. My results indicate the existence of positive and substantial upstream productivity spillovers. Nevertheless, no evidence of downstream productivity spillovers is found.     

Reply to ‘The politics of evidence: a response to Rulli and D'Odorico’

ABSTRACT

Indicators of carbon storage in forests and other land uses have gained much prominence to evaluate and endorse land-based climate change mitigation policies. The outcomes of such assessments can have direct livelihood implications for dwellers living at the forest–agriculture frontier, such as shifting cultivators or subsistence farmers. This contribution critically discusses the methodological relevance of carbon stock indicators to assess long-term emission dynamics of land uses, and furthermore addresses the ‘politics of measurement’ that can be involved in policy practice. From a complex socio-ecological systems perspective, the paper argues that carbon stock indicators provide necessary but not sufficient information to endorse land use policies with mitigation aims. While they may indicate one-off sequestration gains through vegetation and land-use change, they cannot account for permanent hidden emissions that emerge as part of the broader agrarian transitions that accompany land-use change. Over the long term, this may render related mitigation interventions ineffective, if not counterproductive. Furthermore, carbon stock estimates for future land-use scenarios sometimes draw on biased assumptions, or are constructed within histories of discrimination, through which they may further marginalize subaltern groups such as shifting cultivators. A paradigm shift is needed that includes more integrative assessment approaches.     

The autobiographical you: letters in the gendered politics of the labour movement

In this article, I consider the importance of epistolary narratives in the interface of autobiography and politics. In doing this, I read the letters of Fannia Mary Cohn, a Jewish immigrant worker, trade union activist and ardent labour organizer in the garment industry in the USA in the first half of the twentieth century. Cohn was a prolific writer and political activist and left a rich body of labour literature, but never wrote an autobiography or a diary or journal. It is in her letters to her comrades and friends in the labour movement that short autobiographical stories erupt and it is on such stories across her correspondence that this article focuses. The analysis is informed by Hannah Arendt's theorization of narratives in their interrelation with politics and history. Drawing on a rich body of feminist literature around the relational self, what I argue is that an Arendtian reading of epistolary narratives is a useful analytical tool in understanding gendered politics in the diverse histories of the labour movement.     

The International Harmonization Process of Public Sector Accounting in Portugal: The Perspective of Different Stakeholders

This paper investigates the reform of public accounting in Portugal through the IPSAS adoption highlighting the perception of different stakeholders. Two competing theories (NPM and the institutional theory) are used to understand public accounting changes within the Portuguese context. In general, different stakeholders agree with the favorable moment and the context of the reform. The context of financial crises and the great external pressures to cut public deficits and to improve the quality of financial information seem to be the most important factors to stimulate changes in public accounting. In addition, stakeholders recommend the use of different strategies to ensure success.     

Unchanging child support orders in the face of unstable earnings

The underlying theory behind child support guidelines implies that child support orders should change when the incomes of noncustodial parents change. This paper documents changes in noncustodial fathers' earnings over a five‐year period and examines the relationship between the changes in earnings and modifications in child support orders. Using detailed longitudinal administrative data from Wisconsin, the authors examine the history of orders and earnings for fathers in couples who had their first child support ordered in 2000. A substantial proportion of fathers experience large changes in earnings, but relatively few of the associated child support orders are modified. Using discrete‐time multinomial event history models that consider time‐varying variables and control for censored observations, we find some evidence of changes in earnings being associated with changes in orders, all else equal, but the relationship is relatively weak and order changes are not proportional to earnings changes. The findings highlight the challenges and importance of developing policies that result in child support orders being more responsive to changes in fathers' incomes. © 2010 by the Association for Public Policy Analysis and Management.