The ‘Liverpool model(s)’: cultural planning,Liverpool and Capital of Culture 2008

Within the UK, the ‘Liverpool model’ is being celebrated as the new template for Capital of Culture festivals, and culture led urban regeneration in general. This paper will question this celebration and argue that there are, in fact, two ‘Liverpool models’: the first, outlined in its bid and developed within its initial planning strategy, represented the apogee of a New Labour informed ‘cultural planning’ framework for urban development; the second, developed post-2008 within the impact analysis Impacts08, is a more sober and realistic reflection of the role of culture in urban regeneration. This paper will demonstrate how this first model, while politically expedient and rhetorically seductive, was both theoretically unstable and practically unrealizable. Its subsequent abandonment represents an indictment of cultural planning as a nostrum for the complex structural, social and economic problems of the post-industrial city.     

Making Banks Fit for the People: Confidence,Democracy, and the Rise of Banking Alternatives in America, 1880–1914

At the turn of the twentieth century, many Americans lacked confidence in the nation's banks. In various ways, privately owned or operated banking institutions were viewed to be adverse to the interests of “the people.” Still, beginning in the late nineteenth century, deposit banking came to be accepted as a vital “public service.” This article explains how that happened and illustrates how multiple people-oriented alternatives gradually emerged. While these have been explored previously, this article demonstrates how new ideas about the importance of banking facilitated the emergence of a broad movement aimed at popular participation and control. To reveal this history and to gauge popular ideas, it favors materials that appeared within the public sphere. This approach demonstrates how underlying confidence issues motivated a broad movement that aimed to democratize banking institutions.     

A Canadian Scholar'S Views on Geography in Canada and in the USSR

There has long been controversy over the exact location of the middle segment of the great medieval trade route from the Varangians (Northmen) in the Baltic to the Greeks (Byzantium) in the Black Sea. There is no ambiguity about the northern segment, between Novgorod and the Baltic, or the southern segment, from Smolensk down the Dnieper to the Black Sea, but authors have tended to disagree about the various rivers, lakes and portages used by traders in the Russian heartland between Novgorod and Smolensk. A Russian chronicle describing a campaign led by Aleksandr Nevskiy against a Lithuanian force in 1245 sheds light on the alignment of the middle segment of the trade route. It appears that the route originally passed through Velikiye Luki in the 10th century. As this area became embroiled in clashes between warring Russian principalities, the trade route shifted eastward to the Toropets area, which became dominant by the 13th century. The existence of two additional minor routes is also noted.     

China's Special Economic Zones at 30

Three Hong Kong-based geographers assess retrospectively the performance of special economic zones (SEZs) in China on the eve of the 30^th anniversary of their founding. After exploring the general rationale and historical context for the launching of the SEZ concept, they devote considerable attention to the divergent development paths and outcomes of the five SEZs established in China during the 1980s. Of particular importance has been the differing specific roles assigned to the SEZs based on their internal characteristics as well as location relative to (and interactions with) areas of intense commercial activity (Hong Kong and Macao) subsequently coming under Chinese sovereignty. The paper concludes by viewing the past performance of the SEZs within the context of the gathering momentum of globalization that afforded entry for their export-oriented manufacturing activities into world markets, and explores some implications of the current worldwide financial crisis for their future. Journal of Economic Literature, Classification Numbers: O180, O200, P200, R120. 1 figure, 3 tables, 56 references.     

The Impact of Global Economic Crisis on Remittances in the Commonwealth of Independent States

Two European geographers and an economist analyze the impact of the 2008-2009 global economic recession on remittances in the Commonwealth of Independent States. Drawing on balance-of-payments data as well as information on money transfers to and from the region, they detail the annual growth of remittances since 2001, illustrating the growing importance of this income stream to a number of countries in the region. Using quarterly data, they then provide details of the impact of the financial crisis on remittances starting with the 2007 credit crunch and intensifying with the collapse of global markets in 2008. Based on the impact of the 1998 Russian Crisis, they suggest that by 2012, remittances to the region could fall to only one-third the 2008 level, and that a return to pre-crisis levels of remittances could take almost a decade. Journal of Economic Literature, Classification Numbers: F220, F240, J610, O180. 4 figures, 6 tables, 47 references.     

From Urban Social Space to Social and Environmental Justice: Observations on Laurence Ma's Essay

A senior American specialist on China and noted geographer evaluates the merits of an essay by an equally prominent specialist who advocates reflexive activism as a method designed to generate more relevant studies of the country. The author of the evaluation stresses the value of empirically based work, noting a number of contributions by geographers to the study of China's transition from doctrinaire communism to "socialism with Chinese characteristics." While not denying the need for geographical research focused on deficiencies in social and environmental justice, he is not in favor of excessive activism that may overlook advances in economic development and related accomplishments of China's governing regime. Journal of Economic Literature, Classification Numbers: P30. 24 references.     

Store Wars: Changing Retail Ownership in Beijing

Two U.S.-based economic geographers analyze recent changes in retailing activity in Beijing, focusing on changes in store ownership. More specifically, they investigate declines in state ownership in the retail sector since the early 1980s in conjunction with the rapid growth of the domestic private sector and foreign ownership. The paper outlines a new geography of successful (and not-so-successful) retailers that has emerged due to rationalization of the industry, marketization, globalization, as well as government policies at a variety of levels. Changes in store ownership provide insights into the complexity of China's transition, the evolving relations between state and capital, and the role of the local state in the country's economic reforms. Journal of Economic Literature, Classification Numbers: D23, L20, L81, O18. 2 figures, 3 tables, 1 appendix, 114 references.     

Vietnam's Coastal Communities: An Assessment of Poverty

A Vietnamese geographer examines factors leading to the persistence of poverty in the coastal regions of Vietnam, against the backdrop of the country's overall recent success in poverty amelioration. After reviewing the spatial pattern of poverty for Vietnam as a whole, based on current government statistics, the author contrasts the situation in the country's interior relative to coastal locations, based on a detailed survey of over 200 households in Khanhhoa Province, located in south-central Vietnam. The changing labor market conditions in East Asia are discussed briefly in light of continued poverty reduction in the country. Journal of Economic Literature, Classification Numbers: D31, I31, O15, P20. 4 figures, 5 tables, 33 references.     

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.     

Hong Kong under Chinese Sovereignty: Economic Relations with Mainland China, 1978-2007

A Hong Kong—based economic geographer presents an array of statistical data through 2007 that place Hong Kong among the world's leading financial, foreign trade, and air cargo handling centers. The paper's main focus is the economic relationship with Mainland China, which has grown and expanded since the change of the city's sovereignty in 1997. Included in the presentation is a review of economic integration before and after the handover by the UK to China, the pattern of cross-border investments and foreign trade, the growth of the logistics and tourism industries, and the challenges posed by changing economic relations, partly due to the rapid development of Hong Kong's hinterland. Journal of Economic Literature, Classification Numbers: O16, O18, O20, R11. 2 figures, 5 tables, 64 references.