Financial Inclusion or Subordination? The Monetary Politics of Debt in Cambodia

Financial inclusion is a leading driver of household debt across the global South. Although critical geographers have analysed this debt through the lens of financialisation, few have examined it in terms of monetary politics. This is a salient issue, because poorer nations often have limited control over their monetary policy due to their dependence on foreign currencies, which can adversely affect the structure of their financial markets. Building on the concept of monetary dependency from scholarship on financial subordination, I analyse the monetary politics of debt in Cambodia. Drawing on elite interviews and ethnographic research, I argue that Cambodia's extreme monetary dependence on the US dollar has shaped monetary and fiscal policies that compel poorer households to take on private debt to pay for their basic needs. This paper advances critical geographies of debt and development by studying financial subordination and its impact on financial inclusion in the global South.     

Ancestral pueblo population aggregation and abandonment in the North American Southwest

After over a century of archaeological research in the American Southwest, questions focusing on population aggregation and abandonment continue to preoccupy much of Pueblo archaeology. This article presents a historical overview of the present range of explanatory approaches to these two processes, with a primary focus on population aggregation in those regions occupied by historic and prehistoric Pueblo peoples. We stress the necessarily complementary nature of most of these explanations of residential abandonment and aggregation. Case studies from the northern Southwest illustrate the continuous nature of these processes across time and space. We suggest that additional explanatory potential will be gained by the use of well-defined theoretical units to frame our current approaches. We extend the use of the local community concept as a theoretical unit of organization that, along with explicit archaeological correlates, should help advance our research into population aggregation and abandonment in this and other regions of the world.     

Trans‐border European networking: Shifts in corporate strategy?

The disappearance of man‐made borders and the need for increased international cooperation seem to prelude a removal of unnecessary obstacles between actors in different countries. This article is concerned with the relationship between political borders, economic development of border regions and networking of companies located there. It presents a ‘state of the art’ of research on border region development and trans‐border networking by companies. Based upon this research, the article concludes with a discussion on conditions that influence the emergence of new corporate networking in border regions, including effective policy action.