Reassessing Fiscal Policy: Perspectives from Developing Countries

Over the last twenty‐five years an anti‐Keynesian orthodox approach has envisaged a prominent role for reductions in fiscal deficits in developing countries. Expansionary fiscal policies have been said to result in excessive expansion of aggregate demand leading to current account deficits and inflation, as well as displacing private investment, thereby inhibiting output stabilization and employment recovery. Moreover, chronic fiscal deficits are supposed to be associated with high and explosive debt/GDP ratios. The purpose of this article is to assess the theoretical adequacy of the orthodox approach in the context of developing countries. The author clarifies some common misunderstandings and finds that none of the conventional arguments against fiscal activism is wholly convincing. At the heart of the debate lies the question of assumptions, economic structure and causation mechanisms. The orthodox stories regarding the macroeconomic effects of fiscal policy very often do not go beyond the simple monetarist assumptions or seek to verify the implications against the existing experiences and empirical data from developing countries.     

Fashioning a Cacique Nun: From Saints’ Lives to Indian Lives in the Spanish Americas

New Spain was a land of opportunity for the missionary as well as the conquistador. The controversial proposal to found a convent for women of the indigenous elite illuminates the redefinition of notions of gender and race. Examining testimonies on this question written by priests, this article charts how they transform material that would normally have been presented as hagiography into narratives of a more general nature, and argues that this rhetorical shift contributed to a kind of writing on the Indies which not only shared the comparative and epistemological stakes of ethnography but also considered issues of gender.     

ON BEING NOT EVEN ANYWHERE NEAR ‘THE PROJECT’: WAYS OF PUTTING OURSELVES IN THE PICTURE

This paper challenges current constructions of “the project” in radical geography by examining the phenomenon of “missing sisters.” We discuss the social construction of lesbians and disabled women as invisible “others” and how this is manifest in Geography. We argue that disabled women and lesbians have had their experiences and lives marginalized; both in the geographic literature and through practices of exclusion. We call for a reconstructed radical geography which includes lesbians and disabled women, on their own revolutionary terms, in the production of knowledge and in political practice. Such an inclusionary project will enrich our understanding of geographic processes and strengthen our efforts to build political strategies of resistance to contemporary forms of oppression and marginalization.     

REGIONAL GROWTH,INNOVATION, AND LATENT NONLINEAR EFFECTS

This paper studies the link between knowledge, innovation, and growth in European regions using nonparametric methods. Our findings suggest that knowledge inputs and the share of innovative firms have a heterogeneous and nonlinear relationship with growth. This evidence has been exploited to examine the consequences of alternative policies using a counterfactual estimation setup, the results of which imply that increasing the formal knowledge base may be optimal in most regions. Less knowledge and innovation intensive regions will also benefit from a higher innovation potential and from a trustworthy and entrepreneurial economic environment.     

Mapping cultural policy in Portugal: From incentives to crisis

Abstract

Taking into account the course of cultural policy in democratic Portugal, and against the backdrop of the international crisis of 2008 and the sovereign debt crisis of 2011, this article seeks to interpret recent changes in the cultural sector in Portugal. Using both qualitative and quantitative methods it focuses on three main aspects: institutionalisation of democratic cultural policy; government funding; cultural organizations and facilities. The 2008 crisis put an end to a period in which investment tended to grow. We place Portugal in the broader European context, concluding that the Portuguese cultural scene may once again diverge from that of other European countries.     

Zwischenstadt as a travelling concept: towards a critical discussion of mobile ideas in transnational planning discourses on urban sprawl

This article contributes to the advancement of the critical analysis of transnational flows of planning ideas with a particular focus on debates around urban sprawl. It emphasizes that travelling concepts tend to lose their critical content en route, and explores how they could be revived. Our argument starts by identifying the drawbacks of comparative studies in planning, and suggests an exploration of Edward Said’s notion of travelling theories to avoid these dangers. Chronicling the import of the German concept of Zwischenstadt – which literally translated means ‘(in)between city’ – into the Swedish planning research discourse on urban sprawl, we examine how travelling concepts tend to become institutionalized during their journey. We then explore ways to revive the critical content of Zwischenstadt by first considering translations of the context of travelling concepts and then deliberations on their literal translation, which emphasizes the fruitfulness of a landscape perspective as a critical lens on urbanization processes.     

Governing the Italian economy: a comparative perspective

Abstract

The paper revolves around the figure of Enrico Cuccia, the patron of Mediobanca for half a century, whose activities represented for bad and good how the Italian economic system was organized before the privatizations of the 1990s. It was Cuccia who ‘substituted’ an absentee State in strengthening the Italian big business sector.