ENERGY,ENVIRONMENT AND INTERNATIONAL FINANCIAL INSTITUTIONS: THE EBRD'S ACTIVITIES IN THE WESTERN BALKANS

This article examines the relationship between the EBRD's project portfolio in the Western Balkan energy sector, and the region's main energy and environment problems. It argues in favour of geographically centred appraisals of the environmental sustainability of multilateral energy investment. Empirical analyses have been placed within the context of this bank's broader policy mandate to support the reconstruction and development of, among other aspects, energy operations in the post‐socialist states of Eastern Europe and Central Asia, while promoting environmental sustainability. The article categorizes the Western Balkans' energy and environment problems into two main groups: the failure to shift away from carbon‐emitting sources of energy, and the inability to introduce efficient technologies in the generation, transmission, distribution and consumption of energy. It investigates the level to which these issues have been represented in the Bank's energy investment activities in the region. The EBRD's ability to fund energy and environment projects has been affected by, among other factors, the decision‐making process within the relevant governments and the Bank itself. These processes are related to the structural legacies of central planning and the organizational cultures embedded within the EBRD at its inception.     

STATE, CLASS AND INTERNATIONAL CAPITAL 2: THE DEVELOPMENT OF THE BRASILIAN STEEL INDUSTRY

This paper examines the forces underlying the development and form of the Brasilian steel industry since the 1930s. Foreign direct investment has been limited by Brasilian nationalist policies and by higher costs of steel production, but large scale, integrated plants could not be built by private capital due to insufficient resources. Thus the Brasilian steel industry combines large scale state owned plants (financed by foreign capital) and smaller scale privately owned plants. The operations of the plants are coordinated to reduce market uncertainty, permit the steel sector to advocate its own expansion plans, and delimit the spheres of public and private capital while excluding foreign commodity and productive capital. Even so, in the 1980s the steel industry in Brasil has faced a crisis of declining local demand, prompting a rapid expansion of exports.     

外资金融机构在中国的区位分布研究

随着我国金融业开放领域和地域的逐步扩大,在中国的外资金融机构数量迅速增加,但地域分布很不平衡。章从地区和城市这两个层次分析了其分布的总体特征,并认为影响外资金融机构区位分布的主要因素是市场规模、政策导向、人力资源、信息流通、历史传统和地缘经济等。今后,随着我国对外开放的深入和西部大开发战略的实施,外资金融机构将逐步向内地推进,中西部地区的外资金融机构数会不断增加,但现有的总体分布格局在短期内不会改变,外资金融机构仍然会向几个主要的金融中心集聚。     

STATE MERIT‐BASED FINANCIAL AID PROGRAMS AND COLLEGE ATTAINMENT

This paper examines the effects of state merit‐based student aid programs on college attendance and degree completion. Our primary analysis uses microdata from the 2000 United States Census and 2001–2010 American Community Survey to estimate the effects of exposure to merit programs on educational outcomes for 25 states that adopted such programs by 2004. We also utilize administrative data for the University System of Georgia to look more in depth at the effects of exposure to the HOPE Scholarship on degree completion. We find strong consistent evidence that exposure to state merit aid programs have no meaningfully positive effect on college completion.     

HISTORY,INSTITUTIONS, AND CITIES: A VIEW FROM THE AMERICAS*

ABSTRACT Every nation, formally or informally, defines and establishes the lines of political and fiscal authority among its national, regional, and local governments. Historically, centralized governments tend to restrict the power and autonomy of provincial and local governments. In this paper, we exploit the quasi‐experimental distribution of political institutions in the Americas caused by variation in European colonial experience to examine the impact of institutions on urban and local development, specifically on the degree of urban primacy, the size distribution of cities, the number and density of local government units, and the fragmentation of metropolitan areas. We argue that centralization of political power at the national level, as experienced in many countries in Latin America, contributes to urban primacy and a size distribution of cities favoring large cities. Additionally, even in more politically decentralized countries such as Canada and the U.S., variance in political centralization at the provincial (state) level over local governments led to significant divergences in urban primacy, the distribution of city sizes, as well as the form, number, and density of local governments. While we cannot rule out the importance of other factors, our findings suggest that political centralization affects spatial economic development.     

THE WELFARE STATE AND THE MEDIA SYSTEM

This article aims to bridge the gap between media studies and welfare state studies. While media and communications systems are crucial elements in any society, these systems are often not included in studies of the welfare state. Through a discussion of five historical phases in the evolution of Scandinavian societies and media systems, from early democratization in the late 18th century through the ‘golden age’ of the welfare state to the present challenges of globalization, digitization and the fragmentation of social trust, the article discusses the relationships between the two spheres. While Scandinavian communications systems have much in common with those of other Western states, this article argues that they are also products of, and catalysts for, the specific evolution of the Nordic welfare states.     

MAPPING FINANCIAL LITERACY: COGNITION AND THE ENVIRONMENT

Recent research suggests that regions can be characterized according to their (more or less) financial literacy. One implication is that there may be regional ecologies of finance nested within national institutions and global markets. This article begins by situating behaviour in time and space, linking behaviour to the interaction between cognition and the environment. This is followed by a substantive account of the geographical scale of the “environment” working from the global to the local and in return from the local to the global. By implication, maps of financial literacy reflect the skills and expertise of resident populations, affecting how they sort amongst the relevant information to make effective decisions (which have a material effect on their long‐term welfare). Explaining how and why this is the case is one goal of the article. It is also acknowledged that representing the relationship between behaviour and the environment is conceptually and empirically challenging. Reference is made to new findings about the ways in which people “sample” the world around them, suggesting that cognition and the environment are intertwined in ways that may reinforce existing urban and regional inequalities. In conclusion, implications are drawn for the design and implementation of pension and retirement saving policies.     

THE FIRST WORLD WAR AND THE REGULATORY STATE

It is well-established in various strands of historiography that the First World War was a formative phase in the evolution of the modern state. This article deals with the Danish case, in which the politics of neutrality made a previously unseen kind of economic regulation necessary. This led to a heated debate about the functions and role of the state, especially its role in economic life. On the one hand, the Social Liberals in government saw the great potential of economic regulations, and their experiences during the war confirmed their beliefs in the importance of a strong state in dealing with the problems of capitalism; on the other, liberals and conservatives began to voice strong criticism of this slide towards stronger state control. Hence different visions of the role of the state came to be the dividing line between Left and Right, and the ideologies of the liberal and conservative Right were redefined in direct opposition to socialism and economic regulation.     

西方度假住宅研究进展

度假住宅是当前消费的一大热点,系统的理论研究却还十分匮乏。本文以大量的原文文献研究为基础,探寻西方度假房产研究的脉络线索,发现了以1980年代中期为分野的两个特征鲜明的阶段,进而对两个阶段的研究异同点进行了比较分析,勾勒出了西方度假住宅研究进展的轮廓,最后以西方为鉴对我国度假房产政策进行了评述。研究对于我国旅游开发、地理研究、城乡规划等具有参考价值。     

DEVELOPMENT,FRENCH NEOCOLONIALISM,AND THE STRUCTURE OF THE TUBUAI ECONOMY

The contemporary structure of the rapidly modernizing Tubuai economy (French Polynesia) is examined and it is argued that specific local structures, notably a strong subsistence-oriented productive sector and a system of collective (familial) land holding, are not ‘traditional’ vestiges of the past, but are actively integrated components of the modern rural household economy. Their functions and utility to islanders are generated as external, neocolonial inputs and interact with local conditions and islanders' own goals and priorities. These internal structures play a significant role in negotiating islanders' particular adaptation to integration into the French/Territorial capitalist economy and to externally-planned ‘welfare and subsidy-oriented’ agricultural development programs.     

UNDOCUMENTED IMMIGRANTS AND THE WELFARE STATE: THE CASE OF REGIONAL MIGRATION AND U.S. AGRICULTURAL LABOR

A common perception is that immigrants, including illegal immigrants, use disproportionate public aid and select locations based on characteristics of services offered. This paper asks to what extent geographic clustering of undocumented immigrant agricultural laborers in the U.S. is correlated with take‐up of public aid broadly defined. Evidence from a nationally representative farmworker survey does not support welfare migration for undocumented immigrants, who have been previously unidentifiable in the literature. The paper, therefore, challenges existing notions of welfare migration by illegal immigrants that have inspired state‐level public policy initiatives.     

U.S. URBAN POLICY: THE POSTWAR STATE AND CAPITALIST REGULATION

This paper provides an historically grounded theory of U.S. urban policy which is informed by regulationist theory and recent contributions to the theory of the State. It is shown how the content and form of urban policy in the New Deal, was shaped by the rise of mass-production Fordism and informed by the particular struggles that emerged in the United States during the formative period of the 1930s and 1940s. These struggles produced a particular State policy response, setting in place a limited and constrained mode of State intervention in the economy. In the realm of urban policy, this narrow form of State intervention set limits on further rounds of State policy, leaving the U.S. State unable to respond in an effective way to the mounting economic crises of the 1970s and the 1980s, contributing to the so-called "failure" of urban policy.