Globalizing China: The Rise of Mainland Firms in the Global Economy

Two economic geographers survey the changing trends of China's outward foreign direct investment. Based on materials derived from original field work as well as published studies, they shed light on the major mechanisms through which mainland China's leading firms have successfully ventured abroad, as evidenced by proposed or realized acquisitions of significant corporate entities in the United States, Africa, Europe, and elsewhere in Asia. The authors argue for a political-economy approach to understanding "globalizing China," a complex phenomenon whereby the Chinese state is strategically and intricately enmeshed with the corporate interests of its leading business firms. Journal of Economic Literature, Classification Numbers: F23, L21, L22, M16. 3 figures, 3 tables, 128 references.     

The Political Economy of Israeli-Palestinian Interdependence

The Israeli and Palestinian economies are asymmetrically interdependent. Some scholars argue that the Palestinian economy cannot be viable alone. Others believe that economic links with Israel will promote peace. Supporters of separation argue that these links distort Palestinian development. I show that the current interdependence is associated with a cyclical Israeli-Palestinian violence and Palestinian economic decline. Assuming that an independent Palestinian state forms in most of the West Bank and Gaza Strip, I argue that Israeli-Palestinian relations require economic separation to be stable. Economic separation will deteriorate Palestinian welfare in the short run. Policies to make it viable are considered.     

投资与青海经济增长

投资作为拉动经济增长的“三驾马车”之一,对国民经济的持续发展具有决定性作用。长期以来,青海经济增长的主要拉动力是消费与投资,研究投资与经济增长的相关问题,探讨投资需求扩张的新途径,对于加快青海经济发展至关重要。     

Argyle Diamonds: The Political Economy of a Lost Resource

The discovery of the Argyle diamond field in the north of Western Australia during the late-1970s heralded a new phase in Australia's mining history. Initial forecasts rated Argyle's potential output as internationally significant. Even before full-scale mining commenced it was clear that production from Argyle would pose a serious challenge to the South African-based diamond marketing cartel - De Beers. De Beers, through its strategic holdings in a range of foreign and Australian mining companies, worked to bring Argyle production under its control. Despite its strong criticism of the manner in which the Fraser government dealt with the development of Argyle, when in government, Labor too seemed unwilling to exercise regulatory controls. Eager to encourage foreign investment the Federal and State Governments permitted South African mining interests to arrange the terms and conditions for the mining and marketing of Argyle diamonds free from significant public scrutiny.     

The Political Economy of Comparative Environmental Policy

Brendan F.D., Barrett and Rikti Therivel Environmental Policy and Impact Assessment in Japan .
Alemneh Dejene, Environment, Famine, and Politics in Ethiopia: A View from the Village .
David Goodman and Michael Redclift, eds., Environment and Development in Latin Ameruca: The Politics of Sustainbiliity .
Roberto P. Pryde, The Ecopolitics of Development in the Third World: Politics and Environment in Brazil .
Philip R. Pryde, Environmental Management in the Soviet Union .
Lester Ross, Environmental Policy in China .     

The Political Economy of Electrical Power Generation

This article examines the procurement practices of Canada s three largest electric power utilities, Ontario Hydro, Hydro Quebec, and B.C. Hydro in terms of their impact on the technological development of the electrical power equipment industry in Canada. The theoretical underpinnings of this analysis are that under certain economic, technical and institutional conditions, procurement as managed by large publicly owned corporations with a high level of technical capacity can be a powerful instrument of industrial innovation. The paper describes how in the face of weakening market power following the twenty-year expansion phase in the industry (1960–80) and global restructuring among electrical power equipment suppliers, the three utilities have been forced to reassess conflicting commercial and technological objectives. The authors point to Hydro Quebec's signing of a recent series of strategic production agreements with key suppliers as an example of a new approach lo procurement through concentrated use of limited market power in critical product areas. The paper concludes that the distribution of risks involved in technology development between buyers and sellers is dependent on market structures. Secondly, the nature of these client-supplier interactions in management of risk will reflect the internal coherence of an organization's commercial and technological strategies.     

Scaling the City: The Political Economy of 'Glocal' Development - Brussels' Conundrum

In this contribution, the new position of the city in the urban political economy will be considered in the context of the shifting realities that characterize an increasingly hybridizing and cosmopolitan global (dis)order. We shall argue that globalization is paralleled by a restructuring of the city and with an increasing importance of the urban in a context of intensifying inter-urban competition. The success of cities is dependent on their local 'embeddedness' in institutional and other networks of power. Attention will be paid to the role of local elites and to the need to forge 'growth coalitions'. We shall conclude that the formation of an inclusive and cohesive growth coalition is a key condition for the future development of Brussels in a context of intense inter-urban competition. However, this poses a host of political problems. Not in the least, the fact the new 'glocal' elites often refuse to partake in local institutional or political networks. The commitment to place that invariably comes with a greater 'local' institutional embedding which may militate against their global strategies and aspirations. The key question for 'local' politics then becomes one of how to forge networks and linkages that force 'glocal' elites to become inserted actively in the regional armatures of governance.     

The Political Economy of Inappropriate Technology: Industrialization in Sub-Saharan Africa

The failure of public sector investment projects in Sub-Saharan Africa can often be described in large measure as a technological one, where technology is defined not just in the narrow sense of alternative factor proportions, but in the wider terms of scale and import intensity as well. In confining itself mainly to the economic dimensions of the problem, the existing literature fails to consider the reasons for the extraordinarily rapid and widespread expansion of the public sector in Sub-Saharan Africa and it hence ignores the possibility that this expansion might itself be related to the observed patterns of technological behaviour in the sector. Such a possibility, I suggest, resides in the political and institutional compulsions that drive industrial firms in the public sector to increase the size of their operations.     

Problems of Improving the Territorial Organization of the National Economy and Economic Regionalization

The authors briefly review the role of regional planning in Soviet economic planning and describe the role of the newly formed regional coordinating and planning councils of the major economic regions. The new network of 17 economic regions is also discussed. Tokarev is a department head of the State Economic Council USSR and Alampiyev is a department chief in the Council for the Study of Productive Forces, an agency under the jurisdiction of the State Economic Council.     

The Political Economy of Exile in the Great Dismal Swamp

The Great Dismal Swamp in North Carolina and Virginia has a history of profound significance to scholars and historians of North American diasporas. Between 1630 and 1865, thousands of maroons, enslaved canal company laborers, and disenfranchised Native Americans lived within this morass and formed communities that were connected through a dynamic swamp-wide political economy. The Great Dismal Swamp Landscape Study has been initiated to explore the archaeological landscapes of these Diasporans. This essay discusses several aspects of the theoretico-analytical research model that has guided this ongoing project. Also, included are brief explications on the methods and results of the first season of archaeological survey in the Great Dismal Swamp National Wildlife Refuge.     

The Political Economy of State Subsidies in Europe

In this article, I examine the reasons behind public aid to industry in 12 European countries during the period 199–93. 1 build a model based on societal demands for producer subsidies and the wiliingness and constraints of national governments to provide them. The main contribution of this study is the attention to the institutional context within which demand for and supply of public policy takes place. Institutions not only help shape actor preferences to extract "rents" but also fundamentally condition the level and distribution of subsidies.     

Of Coconuts and Kings: The Political Economy of an Export Crop

The Philippines is the world's leading coconut exporter. The benefits of this trade for Filipino producers have been circumscribed by declining terms of trade in the world market and by highly unequal distribution of coconut-sector income at home. A case study of the Philippine coconut trade illustrates the crucial importance of linkages between wealth and power in determining the size and distribution of income in export agriculture. ‘The time has come,’ the Walrus said, ‘To talk of many things: of shoes — and ships — and sealing wax — Of cabbages — and — kings — And why the sea is boiling hot — And whether pigs have wings.’ Carroll (1922: 186)