Aid,conditionality and ownership: A transactions cost perspective

An argument for conditionality in aid programmes from a transactions cost perspective.     

Asian workers in the Gulf states of the Middle East

One of the most conspicuous developments in recent years in the Korean political economy is the enormous increase of Korean investment in Southeast Asia, especially Indonesia. In particular, since the appreciation of the Korean currency (won) in 1987 and the rapid increase of industrial action by Korean workers, more Korean foreign direct investment (FDI) has been carried out by small-and medium-sized firms, particularly in the manufacturing sector. However, many of the Korean firms in the region have already experienced various problems. This article examines the determinants of the new phase of Korean FDI. It also discusses the possible consequences of Korean FDI in Indonesia.     

THE STUDY OF PUBLIC ADMINISTRATION IN THE UNITED STATES

The study of public administration in the United States is large in terms of the number of academic programmes, the range of journal publications, and the number of scholars. Its scholarship attracts attention from all over the globe. At the same time it is a public administration that is clearly embedded in a specific national culture, just as anywhere else. Three of the main challenges include the strong increase of quantitative‐statistical methods, the decline of practitioner authors, and substantive specialization to the extent that generalists' perspectives are losing ground.     

A critical geography of poverty finance

This paper builds a critical geography of poverty finance with recourse to a relational comparison of the microfinance and subprime mortgage markets. It probes paradoxical claims about the nature of poverty, the poor, states and markets that have surfaced in the aftermath of the financial crisis. In doing so it aims to generate new understandings of neoliberal global finance with specific emphasis on 1) the social constitution of risk through racialised and gendered forms of difference; 2) the exercise of dispossession and imperialism by financial means; and 3) articulations of poverty finance with the social relations of debt in specific conjunctures. Each of these terrains of inquiry forms a subsection of the paper, following a preliminary section that poses the animating paradox in more detail. The paper concludes with some reflections on the conditions of possibility for democratising finance.