Varieties of regional monetary cooperation: a tool for reducing volatility in developing economies?

Can regional monetary cooperation shield developing regions from global volatility? The article argues that the main contribution of regional monetary cooperation to enhancing the shock-buffering ability of its member countries is to provide short-term liquidity and to increase regional trade and financial links. In contrast, traditional optimum currency area (OCA) theories formulate the advantages of regional monetary cooperation in terms of allocative efficiency gains and aim at a full currency union as final stage. As such, traditional theory widely ignores the shock-buffering capacity of regional monetary cooperation as well as their varieties. In contrast, the article argues that intermediate stages of regional monetary cooperation have their own rationales related to such shock-buffering capacity. This paper systematically examines the variety of regional cooperation arrangements in the developing world that range from regional payments systems over the pooling of reserves to exchange rate coordination. We propose that the potential for shock buffering is dependent on the chosen form of cooperation. Furthermore, in contrast to full monetary integration, which is highly demanding in terms of policy coordination, the requirements for regional policy coordination are significantly lower, depending on the form and aim of the arrangement.     

Elite development theory: a labour-centred critique

Much development theory is based upon elite-led conceptions of social change. Elite development theory (EDT) conceptualises ‘the poor’ as human inputs into or, at best, junior partners within elite-led development processes. This elitism contributes to the continual (re)framing of the poor as passive beneficiaries of elite policy, and legitimates economic exploitation of the poor. These claims are illustrated by discussing a number of EDT traditions – the Washington/Post-Washington Consensus, statist political economy, modernisation Marxism and varieties of pro-poor growth. As an alternative to EDT the article argues for a conception and practice of ‘labour-centred development’.     

成渝经济区金融创新体系建设研究

金融创新体系是区域创新体系的重要组成部分和推动力量。成渝经济区金融创新体系建设面临的主要问题是金融支持体制不完善。加快成渝经济区金融创新体系建设,必须健全金融支持体制,完善信贷机制和风险投资市场,增强银行和风险投资机构的资金支持力度,为创新活动提供更加充足的信贷资金和风险资金。     

Box-Behnken响应面设计法优化排脓散水提工艺

目的 优选排脓散最佳水提工艺。方法 采用Box-Behnken响应面设计法,以水提液中3个指标性成分（柚皮苷、新橙皮苷、芍药苷）的含量和出膏率的综合评价作为考察指标,考察料液比、浸泡时间、提取时间3个因素对提取工艺的影响。结果 排脓散水提的最佳工艺条件为15倍水,浸泡67 min,提取74 min。结论 Box-Behnken实验设计法优化排脓散的水提工艺方法可行,预测性较好。     

The young and the restless: housing access in the critical years

Abstract

How do governmental housing policies affect the ability of young people to exit the parental home? This paper makes three claims. First and most important, governments that create accessible and liquid mortgage markets make it easier for young people to launch from the parental home. Second, even in those countries with more liquid housing markets, younger generations today still have an increasingly difficult time realising their preferences compared to prior generations. Third, increasing income and wealth inequality interacts with housing markets to create this uneven playing field both within and across generations. This paper examines these relationships in 20 high-income OECD countries. Fewer adult children live in the parental home in countries with deep mortgage markets, high levels of social rented housing, tax relief for ownership, low buyers' transaction costs and high residential mobility. These countries cut across the traditional housing regime typologies, highlighting the need for additional housing-specific theory building.     

Toilet is not a dirty word: close to meeting the MDGs for sanitation?

Improving access to water and sanitation facilities has been a priority on the international development agenda. Halving the number of those who do not have access to sanitation facilities is an MDG target. This study assessed the toilet conditions in an urban slum in Ghana. Many felt that the sanitary conditions were deplorable; they were unsatisfied with having to walk over half a kilometre before using a toilet. Government efforts to improve hygiene and address sanitation problems need to take into account financial, religious, and other factors that promote the supply and maintenance of appropriate toilet facilities and services in urban communities.

Toilettes n'est pas un mot tabou : à deux doigts d'atteindre les OMD en matière d'assainissement ?

L'amélioration de l'accès à l'eau et aux installations sanitaires a été une priorité de l'ordre du jour international en matière de développement. La réduction de moitié du nombre de personnes qui n'ont pas accès à des installations d'assainissement est un OMD. Cette étude a évalué les conditions sur le plan des toilettes dans un bidonville urbain du Ghana. De nombreuses personnes estimaient que les conditions d'assainissement y étaient déplorables; elles n'étaient pas satisfaites de devoir parcourir plus d'un demi-kilomètre pour pouvoir utiliser des toilettes. Les efforts fournis par les pouvoirs publics pour améliorer l'hygiène et résoudre les problèmes d'assainissement doivent tenir compte des facteurs financiers, religieux et autres qui favorisent la fourniture et l'entretien d'installations et de services de toilettes dans les communautés urbaines.

Excusado no es una mala palabra: ¿se está próximo a cumplir con los odm en el área de saneamiento?

La ampliación del acceso al agua potable y al saneamiento ha sido una prioridad del desarrollo internacional. Una de las metas de los odm es reducir a la mitad el número de personas que actualmente carecen de acceso al saneamiento. El presente artículo valora las condiciones en que se encuentran los excusados en un barrio pobre de Ghana. Muchos de quienes residen allí consideran que las condiciones de saneamiento son deplorables, manifestando su desacuerdo con tener que caminar más de medio kilómetro para hacer uso del excusado. Los esfuerzos realizados por el gobierno para mejorar la higiene y enfrentar los problemas de saneamiento, deberán tomar en cuenta tanto los factores financieros como los religiosos u otros que promuevan la oferta y el mantenimiento de excusados, así como la posibilidad de otros servicios de saneamiento en las comunidades urbanas.

Banheiro não é uma palavrão: estamos prestes a cumprir os ODMs para saneamento?

Melhorar o acesso a redes de abastecimento de água e saneamento tem sido uma prioridade na agenda de desenvolvimento internacional. Reduzir pela metade o número de pessoas que não têm acesso a redes de saneamento faz parte dos Objetivos de Desenvolvimento do Milênio (ODMs). Este estudo avaliou as condições de banheiros em uma favela na zona urbana de Gana. Muitos sentiam que as condições de saneamento eram deploráveis e estavam insatisfeitos em ter de caminhar mais de meio quilômetro para usar um banheiro. Esforços do governo para melhorar a higiene e abordar os problemas de saneamento precisam levar em conta fatores financeiros, religiosos, além de outros, que promovam o fornecimento e manutenção de instalações de banheiros e serviços adequados nas comunidades urbanas.     

Decommissioning dams in India: a comparative assessment of Mullaperiyar and other cases

With the ruefully anticipated breakdown of the Mullaperiyar dam in Kerala as the central issue, this article debates the decommissioning of large dams in India. Drawing on other examples of dam breakdown and decommissioning cases from India and the USA, the author argues that dams that have failed to deliver on their promises or are in an unsafe condition should be selectively decommissioned.

Démantèlement de barrages en Inde : évaluation comparative de Mullaperiyar et d'autres cas

En prenant comme prétexte le démantèlement prévu, à regret, du barrage de Mullaperiyar dans le Kerala, cet article discute du démantèlement des grands barrages en Inde. En s'inspirant d'autres exemples de cas de pannes et de démantèlement de barrages en Inde et aux États-Unis, l'auteur soutient que les barrages qui n'ont pas tenu leurs promesses ou qui sont en état précaire devraient être démantelés sélectivement.

El desmantelamiento de represas en India: una evaluación comparativa de Mullaperiyar y de otros casos

Utilizando como pretexto la avería de la represa Mullaperiyar en Kerala, el presente artículo analiza el desmantelamiento de las grandes represas de India. Apoyándose en ejemplos de averías y desmantelamiento de represas localizadas en India y en Estados Unidos, el autor propone que aquellas represas que no hayan cumplido con las expectativas que se tenían de ellas o que se encuentren en condiciones que generen inseguridad sean desmanteladas de manera selectiva.

Desativando barragens na Índia: uma avaliação comparativa de Mullaperiyar e outros casos

Diante do rompimento, tristemente previsto, da barragem de Mullaperiyar em Kerala, este artigo debate a desativação de grandes barragens na Índia. Baseando-se em outros exemplos de rompimento e desativação de barragens da Índia e dos EUA, o autor argumenta que as barragens que têm falhado em implementar aquilo a que se propõe ou estão em condições inseguras, devem ser seletivamente desativadas.     

A Reappraisal of the EU’s Expanding Readmission System

Readmission is not simply a means of removing undesirable foreigners through coercive methods. When viewed as a way of ensuring the temporary stay of foreign workers in the labour markets of European destination countries, readmission may also impact on the participatory rights of a growing number of native workers facing equally temporary (and precarious) labour conditions, in a context marked by employment deregulation and wage flexibility. These implications have clear democratic significance. A new analytical perspective applied to the expansion and development of the readmission system, is aimed at promoting a reflection on an unexplored research area bridging the gap between labour migration regulation and labour market deregulation.     

Comments (1) on ‘cultural differences in the behavior of terrorists’

By examining the historically progressive role of cultural property in terrorism and political violence, this paper reveals the evolving significance of art to international security. Over the past two centuries, abuse of antiquities and fine art has evolved from the spoils-of-war into a medium for conducting terrorism that strives to erase the cultural heritage of “the other.” In contrast to wartime destruction and plunder which date back millennia, the growth of the art market over the past fifty years has created opportunities for novel abuses of cultural property. Since World War II, maturing international awareness has recognized the threat which armed conflict and looting pose to cultural property, but in parallel, art trafficking and the politics of cultural property have become tools for transnational organized crime and terrorist groups. The resulting unique intersection of issues in art, politics, and counterterrorism forms the basis for a new field—cultural security. After an assessment of topical security threats which suggest the need for such a field, the paper concludes by speculating on international-security risks precipitating from antiquities trafficking and collecting.     

Troubled Water

正Chinese fail to warm to how Americans serve their H2O By Yu Yan XINHU AINDISPENSIBLE THERMOS:A staff worker of Chengdu Railway Station checks the thermoses prepared for passengers in Chengdu,Sichuan Province,during the Spring Festival travel rush on January 30,2013