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41901. A Note on Credit Allocation, Income Distribution, and the Circuit of Capital (pdf)

Author:
Paulo dos Santos
Publication Date:
08-2013
Content Type:
Working Paper
Institution:
School of Oriental and African Studies - University of London
Abstract:
This note considers the relationship between credit allocation and the aggregate, class distribution of income in the Circuit of Capital. Production and consumption credit inject means of purchase in different locations in the monetary circuits of capitalist reproduction. On the basis of comparative-dynamic analysis of the properties of steady-state evolutions, the note shows that production credit increases the wage share in total income, while consumption credit increases profit shares. These findings hold in general for any evolution in which sectoral revenue- elasticities of outlays measure less than unity. The note also motivates a new endogenous approach to the aggregate distribution of income, and offers new analytical tools facilitating work based on demand-constrained models of the Circuit of Capital.
Topic:
Inequality, Income Inequality, Economic Theory, Credit, and Capital
Political Geography:
Global Focus

41902. Financing Water in Africa

Author:
Kate Bayliss
Publication Date:
08-2013
Content Type:
Working Paper
Institution:
School of Oriental and African Studies - University of London
Abstract:
Despite repeated policy initiatives from donors and governments, the human and economic cost of continued lack of access to safe water and sanitation in sub‐Saharan Africa remains high. This paper shows that a radical reorientation of policy is needed to achieve a significant increase in investment finance in order to raise access levels. Rather than continuing to pursue policies that have failed for the past two decades, such as bringing in the private sector and raising prices to cost recovery levels, attention needs to shift to wider aspects of domestic revenue mobilization to support public investment.
Topic:
Privatization, Water, Inequality, Investment, and Private Sector
Political Geography:
Africa

41903. A History of Polyvalent Structural Parameters: the Case of Instrument Variable Estimato

Author:
Duo Qin and Yanqun Zhang
Publication Date:
09-2013
Content Type:
Working Paper
Institution:
School of Oriental and African Studies - University of London
Abstract:
This paper investigates the rise and fall of the IV method in macro-econometric models and its subsequent revival in micro-econometric models. The key findings are: (i) the IV method implicitly breaks the contemporaneously circular causality postulated in a simultaneous- equation model (SEM) by redefining the conditional variable concerned as a suboptimal conditional expectation of it; (ii) the IV method falls out of favour in macro-econometrics mainly because of lack of empirical validations for such redefinitions; (iii) the IV method wins its popularity in micro-econometrics by its capacity to produce multiple suboptimal conditional expectations of the latent conditional variables of interest under the disguise of an SEM consistent estimator; nevertheless, (iv) such suboptimal conditional expectations give rise to the insurmountable difficulty of credibly interpreting the IV-based parameter estimates, especially in the case of prognosticated omitted variable bias. The findings highlight the methodological drawback of the estimator-centric strategy of textbook econometrics.
Topic:
Economic Theory, Macroeconomics, and Microeconomics
Political Geography:
Global Focus

41904. Modelling Scale Effect in Crosssection Data:The Case of Hedonic Price Regression

Author:
Duo Qin and Yimeng Liu
Publication Date:
09-2013
Content Type:
Working Paper
Institution:
School of Oriental and African Studies - University of London
Abstract:
An innovative and simple experiment with cross-section data ordering is carried out to exploit a basic and common feature between many economic variables – nonlinear scale dependence. The experiment is tried on hedonic price regression models using two data sets, one for automobiles and the other computers. The key findings are: (a) Hedonic price indices can be significantly biased if they are constructed using models which disregard possible nonlinear scale effects latent in random data samples; (b) Scale-based data ordering offers considerable potential to filter such scale-dependent information from cross-section samples; (c) The filtering can be easily carried out by systematic adoption of dynamic modelling methods.
Topic:
Science and Technology, Economic Theory, Models, and Price Regression
Political Geography:
Global Focus

41905. Price Non-Convergence in Commodities: A Case Study of the Wheat Conundrum

Author:
Sophie van Huellen
Publication Date:
10-2013
Content Type:
Working Paper
Institution:
School of Oriental and African Studies - University of London
Abstract:
The close relationship between commodity future and cash prices is critical for the effectiveness of risk management and the functioning of price discovery. However, in recent years, commodity futures prices, across the board, have appeared increasingly detached from prices on physical markets. This paper argues that while various factors, identified in previous literature, which introduced limits to arbitrage have facilitated non-convergence, the actual extent of non-convergence in these markets is caused by essential differences in the mechanisms of price formation on physical and derivative markets. With reference to the particular case of the CBOT wheat market, the paper shows that the size of the spread between futures and cash prices can be theoretically and empirically linked to the increasing inflow of financial investment into commodity futures markets.
Topic:
Agriculture, Markets, Commodities, and Financialisation
Political Geography:
Global Focus

41906. Capital Flows to Emerging Markets: An alternative Theoretical Framework

Author:
Bruno Bonizzi
Publication Date:
11-2013
Content Type:
Working Paper
Institution:
School of Oriental and African Studies - University of London
Abstract:
This paper represents a theoretical contribution to the analysis of international capital flows. It outlines an alternative theoretical framework based on Post-Keynesian monetary theory, and in particular on Hyman Minsky’s Wall Street paradigm and concept of Money-manager capitalism and Jan Toporowski’s theory of capital market inflation. The key aspects of such an approach are, firstly, that in a monetary analysis capital flows need to be understood as “flows of funds”, as opposed to the traditional understanding of capital flows based on “real” decision, such as saving and investment. A consequence of this is the need of focusing on gross rather than net capital flows. Secondly, when considering emerging markets, the asymmetric nature of the international monetary system must be stressed. Thirdly, it is important to understand the specific forms that capital flows take: in today’s world, pension funds and other institutional investors — alongside banks — are key players in the financial markets, and their role in shaping capital flows to emerging markets must be explicitly recognised. This paper synthesises these elements by understanding capital flows as the result of institutional investors portfolio choice. Along the lines of Minsky and Toporowski, portfolio choice by institutional investors need to be assessed in relation to their balance sheet structure, beside risk/return trade-offs and general state of risk aversion
Topic:
Emerging Markets, Capital Flows, Investment, and Economic Theory
Political Geography:
Global Focus

41907. After Qaddafi: Building Peace in Libya

Author:
Muzaffer Ercan Yilmaz
Publication Date:
12-2013
Content Type:
Journal Article
Journal:
Bilgi
Institution:
Sakarya University (SAU)
Abstract:
After the overthrown of Qaddafi, Libya has a historic opportunity to become a democratic country in the Western sense if peace building process is successfully completed in the country in the post-conflict period. This article aims to outline the basic steps of the peace building process, involving transitional justice, forming a representative government, strengthening security, making a new constitution, economic reconstruction, and national reconciliation, in that order. The study also emphasizes that since post-conflict situations usually require outside help due to institutional weaknesses, as well as limited human and financial resources, the assistance of the international community to Libya is crucial in the process of peace building.
Topic:
Civil War, Social Movement, Arab Spring, Peace, and State Building
Political Geography:
Africa and Libya

41908. Viral Voices: Revolutionary Song, Social Media, and Youth Culture in the Arab Spring

Author:
Victor A. Vicente
Publication Date:
12-2013
Content Type:
Journal Article
Journal:
Bilgi
Institution:
Sakarya University (SAU)
Abstract:
Focusing on three popular “anthems” of the Arab Revolutions (“Rais Lebled” by El Général, “#Jan25 Egypt” by Omar Offendum, and “Yalla Erhal Ya Bashar” by “Ibrahim Qashoush”) this article critically assesses the ways in which song has come to serve as a force for instigating socio-political and cultural change in the contemporary Arab World, particularly in Tunisia, Egypt, and Syria. The appeal and efficacy of these songs of the “Arab Spring,” as well as their characterization as “revolutionary,” are understood in aesthetic and technological terms. Hence, the article untangles a complex of interconnected, musically-related themes and issues at the core of the discourse on the recent uprisings; namely, those of self-expression and the power of the Arab youth “voice,” those of transitional dissemination via social media and information and communication technology, and those of documentation and representation through music, specifically through the genre of rap. Analysis of the songs and the themes surrounding them demonstrates substantive advancements in contemporary Arab musical, social, and political life, but also exposes serious shortcomings, naïve misconceptions, and willful exaggerations.
Topic:
Culture, Social Media, Arab Spring, Revolution, and Music
Political Geography:
Africa, Middle East, Syria, Tunisia, and Egypt

41909. The Role of the Military in the Constitution-making Process as a part of Democratic Transition: The Comparative Cases of Turkey and Egypt

Author:
Merve Ince
Publication Date:
12-2013
Content Type:
Journal Article
Journal:
Bilgi
Institution:
Sakarya University (SAU)
Abstract:
The role of the military in the politics in the developing or socalled “Third World” countries has always been fundamental in order to comprehend the historical process of democratization movements in these countries. To be able to fully grasp the politics, particularly democratic transitions, in the Middle East, it is indispensable to look at the role of the military within the transition process. However, because the democratic transition processes involves different practices, in my research paper, I will focus on the role of military within the constitution-making processes in order to narrow down my research. I have chosen the constitution-making process because, as argued by Özbudun, constitution-making, especially during democratic transitions, is an excellent opportunity to build political institutions that will enjoy broad support from society and its political elites. Both the constitution-making process and its outcome are crucial aspects of the transition to and consolidation of democracy. In this regard, in this study, I have chosen to study Egypt and Turkey comparatively in terms of their military involvement in the constitution making process. It should be noted that in both Turkey and Egypt, previous constitutions were made directly by the military or under military influence through various means, which I will evaluate in my research paper in detailed way. I have chosen these two countries due to two reasons. My initial inspiration is derived from that currently, these two significant countries of the region are in the constitution-making process. When we look at current situation of Turkey, it can be argued that Turkey is in constitution-making process, which is supposed to be totally civilian without the influence of the military. On the other hand, in terms of Egypt, it is argued that following to the Arab Spring, Egypt’s new constitution will be the roadmap to a second republic that most Egyptians hope will be free from the tyranny, corruption, and nepotism, which were the trademarks of Egypt’s political life. The second reason is that despite the fact that Egypt and Turkey differ from each other in terms of longevity of their democratic experiences, the militaries of two countries demonstrate some core similarities, which is noteworthy in terms of comparing the two. Considering all of these, the aim of this study is to see how the military can be a part of the political system, especially in the making of constitution, and to understand the current situation and changing position of the militaries in these countries.
Topic:
Military Affairs, Democracy, State Building, and Transition
Political Geography:
Africa, Europe, Turkey, Asia, and Egypt

41910. From Spring to Summer? Revolutionary Change in Tunisia, Egypt and Libya

Author:
Imad El-Anis and Ashraf Hamed
Publication Date:
12-2013
Content Type:
Journal Article
Journal:
Bilgi
Institution:
Sakarya University (SAU)
Abstract:
This article offers an analysis of the early stages of the revolutions that have been taking place in Tunisia, Egypt and Libya. Here we consider the early stages of the revolutions from winter 2010-11 up until the summer of 2012 and offers a comparative study of the experiences of the early stage of the revolutions in each case study. In particular this study considers the roles of six variables on the process of regime change and transition as follows: 1) duration of the uprising up to regime change; 2) the initial outcome of the revolution/uprising; 3) the number of deaths and casualties; 4) the postregime change status of key members of the former governing elite; 5) the existence and nature of post-regime change elections; and 6) levels of international involvement. This study finds that in all three case studies, considering these variables offers insight into the nature and effect of the early stages of the revolutions. Furthermore, in each case there are key similarities in some of these variables but significant differences in others which suggest that the processes of transition are not directly comparable with each other. This article also offers some thoughts on how the early stages of these revolutions could affect the direction and pace of change in each state.
Topic:
Regime Change, Democracy, Arab Spring, and Revolution
Political Geography:
Africa, Middle East, Libya, Egypt, and Tunisia

41911. Fostering of Civil Society by Muslim Women’s NGO-s in Bosnia and Herzegovina

Author:
Muhidin Mulalic
Publication Date:
12-2013
Content Type:
Journal Article
Journal:
Bilgi
Institution:
Sakarya University (SAU)
Abstract:
The fostering of civil society is vital in multiethnic, multicultural, multi-religious and post-conflict societies such as that of BosniaHerzegovina. Therefore, this paper examines the role of Muslim women’s Non Government Organisations (NGOs) in fostering civil society in BosniaHerzegovina. In this regard, this paper puts in perspective the present role of Muslim women’s NGOs by providing the theoretical background and a survey of NGOs in Bosnia-Herzegovina. In order to determine the role and function of Muslim women’s NGOs, the author examines the main criteria of civil society functions such as control of political power, monitoring of political participation and elections, promoting anti-corruption awareness, advocating values of human rights, tolerance and understanding, offering civic training, promoting civic education and public issues through media, and promoting conflict resolution and inter-faith dialogue. By analyzing civil society functions this paper answers the question of Muslim women’s NGOs involvement in socio-political aspects of a democratic state and fostering of civil society in Bosnia-Herzegovina. The author uses an ethnographic methodology, written sources and interviews in analyzing two leading Muslim Women’s NGOs such as Nahla Education Center for Women and Kewser-Zehra Association of Muslim Women. The results of this paper indicate that although Muslim women’s NGOs in theory do not meet some of the criteria to be considered a civil society actor, especially those of a political and legal nature, they are, nonetheless, significantly involved through their various activities in sociopolitical aspects of the democratic state and, as such, they have contributed significantly towards fostering of civil society in Bosnia-Herzegovina.
Topic:
Civil Society, Gender Issues, Religion, NGOs, and State Building
Political Geography:
Europe and Bosnia and Herzegovina

41912. From going between to working together: Learning from structures and attitudes in South Africa’s transition

Author:
Jannie Malan
Publication Date:
12-2013
Content Type:
Journal Article
Journal:
African Journal on Conflict Resolution
Institution:
The African Centre for the Constructive Resolution of Disputes (ACCORD)
Abstract:
In the old South Africa, with its inhabitants divided into two worlds by an ideology-driven white minority, H.W. van der Merwe was one of the first white Afrikaners who took the risk of crossing the boundary which in the culture of his own group was upheld as divinely ordained. On account of the radical change in his socio-political convictions, and his resulting research and teaching, he was appointed as director of an institution aiming at improving intergroup relations through applied research and educational programmes. He also took the lead in founding an association for conflict intervention. His remarkable contribution to the anti-apartheid struggle and the eventual resolving of the white-black conflict was not only a structural one, however, but also an interrelated attitudinal one. His outreaching understanding and his courageous quest for justice and peace enabled him to bring adversaries together, and also to confront the unflinching guardians of apartheid. It behoves us, therefore, to celebrate his example and to emulate it in our current context. We may be grateful for the degree to which transition has already taken shape in the new South Africa, but so much remains to be done to minimise socio-cultural distances between sectors of fellow-South Africans. H.W.’s legacy may indeed help us to respect ‘them’ and ‘us’ where appropriate, but also to promote an ‘all of us’ orientation as far as fellow-humanly possible.
Topic:
Apartheid, Transitional Justice, Social Cohesion, and Transition
Political Geography:
Africa and South Africa

41913. Linking poverty and violence: The South African scenario

Author:
Ampie Muller
Publication Date:
12-2013
Content Type:
Journal Article
Journal:
African Journal on Conflict Resolution
Institution:
The African Centre for the Constructive Resolution of Disputes (ACCORD)
Abstract:
In present-day South Africa we are daily confronted with individual or group scenes of violence in townships and ‘shanty-towns’ where people live in poverty. Frequently, it involves people clamouring for the redemption of the promises made to them by politicians prior to the first democratic election in 1994 – promises of a wonderful ‘new South Africa’ that would meet their needs. In reality, their common experience is of a housing shortage, poor education, few jobs and very little prospect of alleviating their profound poverty. It seems as if in our country violence has become the power of the powerless. It would, of course, be entirely misleading to give the impression that violence is a phenomenon created by the ‘New South Africa’, for under the previous government we experienced violence on an enormous scale, in particular state-sponsored violence, and structural violence. But it was not accompanied with promises that this would become better. At present it is this gap between the ‘promised land’ and harsh reality that to a large extent seems to fuel the violence. This article will explore the possible and potential links between poverty and violence, in order to gain deeper insight into their intrinsic meaning and the circularity of linkage between the two.
Topic:
Poverty, Sociology, and Violence
Political Geography:
Africa and South Africa

41914. Violence as a form of communication: Making sense of violence in South Africa

Author:
Hugo van der Merwe
Publication Date:
12-2013
Content Type:
Journal Article
Journal:
African Journal on Conflict Resolution
Institution:
The African Centre for the Constructive Resolution of Disputes (ACCORD)
Abstract:
This article explores the meaning of violence in South African society against the backdrop of its violent past. Using a perspective suggested by H.W. van de Merwe* and Sue Williams in an article in 1987 – understanding violence as a form of communication – the article seeks to analyse how the persistence and scale of violence can be understood as a legacy of our past. This approach can also help foster spaces for more constructive engagement with those who resort to violence in the face of the society’s failure to provide effective channels for more constructive communication.
Topic:
Apartheid, Poverty, Communications, and Violence
Political Geography:
Africa and South Africa

41915. Mediation and conflict resolution in South and Southern Africa: A personal account of the past 30 years

Author:
Charles Nupen
Publication Date:
12-2013
Content Type:
Journal Article
Journal:
African Journal on Conflict Resolution
Institution:
The African Centre for the Constructive Resolution of Disputes (ACCORD)
Abstract:
This article is a personal account of my involvement with mediation and facilitation over the past 30 years. It does not purport to be a comprehensive or systematic account of the growing impact of these processes both in preventing and resolving conflict in our country and beyond. It therefore does not focus on organisations outside my own spheres of involvement, like the African Centre for the Constructive Resolution of Disputes and the Centre for Conflict Resolution, whose important contributions I readily acknowledge. The insights and experiences reflected in the piece nevertheless point to an ever widening application of the processes across a range of disciplines and tell something of the rich contribution they have made to making South Africa a better, and safer, place.
Topic:
Conflict Resolution, Memoir, and Mediation
Political Geography:
Africa and South Africa

41916. Public participation as participatory conflict resolution: Shortcomings and best practices at the local level in South Africa

Author:
Sifiso Mbuyisa
Publication Date:
12-2013
Content Type:
Journal Article
Journal:
African Journal on Conflict Resolution
Institution:
The African Centre for the Constructive Resolution of Disputes (ACCORD)
Abstract:
In South Africa the constitutional order brought about by the transition to democracy, and the subsequent policy and legislation frameworks, have enabled ordinary people to participate in governance and policy making. Yet, according to some studies, the importance of participation – agreed to by politicians, practised and promoted by academics – has yet to be translated into a lived reality at the local level. In this paper, I write about the debates on participation, its advantages, and disadvantages. This paper offers an additional resource to public participation practitioners and beneficiaries, aiding them in the use of negotiation, mediation, and generic conflict resolution approaches to resolve public participation stalemates, and in the process, to strengthen and legitimise those public participation processes. Drawing on the existing literature, I describe what works and why; I also point out the strengths and weaknesses of these approaches. Ultimately, the objective is to share the complementary nature of conflict resolution and public participation, and show how – if they are combined effectively – public participation can be enhanced. While I strongly believe that the literature supports my contention that conflict resolution principles and practices are useful for fair and equitable public participation, I do not have authoritative empirical evidence to state this as fact. Nonetheless, I believe that the ‘best practices’ outlined in the paper are useful and valuable tools and should be implemented as far as possible.
Topic:
Conflict Resolution, Apartheid, Democracy, Ethnicity, Conflict, and Participation
Political Geography:
Africa and South Africa

41917. The mediator’s moral dilemma: An essay in memory of H.W. van der Merwe

Author:
Andries Odendaal
Publication Date:
12-2013
Content Type:
Journal Article
Journal:
African Journal on Conflict Resolution
Institution:
The African Centre for the Constructive Resolution of Disputes (ACCORD)
Abstract:
‘Today, with a democratic government in place, it is hard to remember how unpopular concepts such as negotiation and conflict resolution were even a decade ago.’ H.W. van der Merwe, who wrote this in 2000 (110), was referring to the situation during the 1970s and 1980s in South Africa. The then South African government and the liberation movements both shared a common distrust of ‘mediators’ or peacemakers. The government had banned the liberation movements. Establishing contact or facilitating dialogue with these movements was not only illegal, it was treason. The liberation movements similarly rejected peacemaking. The reigning slogan was ‘justice before peace’; and the dominant strategy non-collaboration and armed struggle. Would-be peacemakers, in their opinion, diluted their resolve to achieve victory. Possibly his greatest contribution to the field of mediation1 in South Africa was the manner in which H.W. van der Merwe established, in the face of this huge distaste for mediation, its validity and integrity. He was Director of the Centre for Intergroup Studies at the University of Cape Town from 1968 to 1992, the period in South African history when the struggle for the liberation of the black people of South Africa from colonialism and apartheid reached its climax. Under his leadership the Centre played a pioneering role not only in using, but justifying dialogue, facilitation and mediation as mechanisms to address the conflict. A trained sociologist, Van der Merwe rooted his case for mediation not only in sociological and political theory, but also in religious thought and practice. The latter was important because, at the time, the debate was as theological as it was political.
Topic:
Apartheid, Democracy, Mediation, Morality, and Quakers
Political Geography:
Africa and South Africa

41918. A just peace agreement, or just a peace agreement: Reflections on the work of H.W. van der Merwe

Author:
Vasu Gounden
Publication Date:
12-2013
Content Type:
Journal Article
Journal:
African Journal on Conflict Resolution
Institution:
The African Centre for the Constructive Resolution of Disputes (ACCORD)
Abstract:
H.W. van der Merwe can be considered one of the founding fathers of the conflict resolution field in South Africa. His role will always be that of the ‘unsung hero’. True to his Quaker religious background, he did not publicise his efforts to build reconciliation across the apartheid divide in South Africa, and the quiet dialogue he fostered between Afrikaners in South Africa and the then exiled African National Congress (ANC). I first met him in 1990 in Washington, D.C., where I was immediately moved by this quiet but passionate man. I then had the opportunity to work with him in 1991 and to learn about and debate his many well-developed ideas surrounding peace and justice. The relationship between peace and justice, both in the pursuit of peace agreements and more broadly in terms of fundamental questions about society, has long been a subject of rigorous academic and practical debate, one in which Professor Van der Merwe made landmark contributions. This debate is founded upon two specific dimensions: the interpretation of the relationship between peace and justice, and the interpretation of a mediator’s mandate in pursuing specific goals of peace and justice.
Topic:
Treaties and Agreements, Peace, and African National Congress
Political Geography:
Africa and South Africa

41919. ‘Sowing, cultivating, harvesting and spreading the seeds of peace’: In honour of H.W. van der Merwe

Author:
Valerie Dovey
Publication Date:
12-2013
Content Type:
Journal Article
Journal:
African Journal on Conflict Resolution
Institution:
The African Centre for the Constructive Resolution of Disputes (ACCORD)
Abstract:
This is a personal narrative. As it unfolds, I weave in some qualities that I believe characterised H.W. van der Merwe and his work as a pioneer in the development of peace studies and conflict resolution in South Africa. It is also a reflection on my association with H.W. and the influence this association has had on my own amazing journey in the field of peace education and conflict resolution.
Topic:
Conflict Resolution, Memoir, Mediation, and Narrative
Political Geography:
Africa

41920. Black Money Whitening Law: A Study From Bangladesh

Author:
Attiya Waris and Abdul Latif
Publication Date:
09-2013
Content Type:
Special Report
Institution:
Norwegian Institute of International Affairs
Abstract:
Tax avoidance and evasion are deeply entrenched in Bangladesh, where 37% of GDP comes from ‘black money’. In this country of massive tax evasion, black money is not seen as tax evasion. Instead, tax amnesties are offered to whiten black money in an attempt to raise funds that revenue collectors would otherwise have found difficult or impossible to capture. The evidence on which this policy brief builds was obtained through field research, interviews in particular.
Topic:
Economics, Tax Systems, Money, and Revenue Management
Political Geography:
Bangladesh and South Asia