1 - 6 of 6
Number of results to display per page
Search Results
2. Regional Developmentalism in West Africa: The Case for Commodity-Based Industrialisation through Regional Cooperation in the Cocoa-Chocolate Sector
- Author:
- Jonathan Bashi Rudahindwa and Sophie van Huellen
- Publication Date:
- 12-2020
- Content Type:
- Working Paper
- Institution:
- School of Oriental and African Studies - University of London
- Abstract:
- Regional integration occupies a prominent place in the economic policies of most Sub- Saharan African countries. However, despite different waves of initiatives across the African continent, the majority of African regional schemes have not managed to achieve their ambitious goal of promoting sustainable development through trade integration in Africa. In light of this observation, using the West African cocoa- chocolate sector as a case study, we propose the regional developmentalism paradigm as an alternative approach to regionalism in Africa, placing a particular emphasis on the use of regional and sub-regional approaches to development. Instead of full-fledged trade liberalisation and indiscriminate economic integration, the regional developmentalism paradigm advocates for state-led trade facilitation, regulatory convergence and capacity-building through the adoption of policies directed at strategic sectors. We evaluate the potential of the regional developmentalism paradigm to promote economic transformation and commodity-based industrialisation against the shortcomings of the current regional integration approach embodied in the institutional framework of ECOWAS.
- Topic:
- Development, International Trade and Finance, Regional Cooperation, Commodities, Regionalism, and Industrialization
- Political Geography:
- Africa and West Africa
3. Financialisation in Developing Countries: Approaches, Concepts, and Metrics
- Author:
- Costas Lapavitsas and Aylin Soydan
- Publication Date:
- 12-2020
- Content Type:
- Working Paper
- Institution:
- School of Oriental and African Studies - University of London
- Abstract:
- Financialisation in developing countries has been extensively researched but its characteristic features and its relationship to developed countries remain unclear. Drawing on a review of the literature, this paper shows, first, that it should be distinguished from financial liberalisation and globalisation. Two fundamental theoretical approaches are subsequently considered, which establish its derivative character relative to developed countries, namely ‘subordinate’ and ‘dependent’ financialisation. The paper then demonstrates its characteristic features by examining the empirical literature, including the use of metrics. Financialisation in developing countries is highly variable and different from that in developed countries regarding the conduct of non-financial enterprises, banks, and households. It is also a source of economic vulnerability.
- Topic:
- Development, Globalization, Finance, and Banking
- Political Geography:
- Global Focus
4. Climate Change, Chemical Fertilisers and Sustainable Development – Panel Evidence from Tanzanian Maize Farmers
- Author:
- Christiane Heisse and Risa Morimoto
- Publication Date:
- 02-2019
- Content Type:
- Working Paper
- Institution:
- School of Oriental and African Studies - University of London
- Abstract:
- We study the impact of rainfall risk on fertiliser use by Tanzanian maize farmers using newly available spatially disaggregated agronomic survey data on Tanzanian maize producers. We show that fertiliser use is highly sensitive to rainfall risks. Our discussion embeds these findings into the wider debate around environmental sustainability and mineral fertilisers, thus relating directly to the country’s government efforts of climate mainstreaming into their (agricultural) policies. We conclude that chemical fertilisers are useful for agricultural productivity growth but that they should be used to supplement more economically and environmentally sustainable practices.
- Topic:
- Agriculture, Climate Change, Development, Environment, Sustainability, and Farming
- Political Geography:
- Africa and Tanzania
5. Determinants of Developing Countries' Export Upgrading: The Role of China and Productive Investment
- Author:
- Dic Lo and Yue Teng
- Publication Date:
- 09-2019
- Content Type:
- Working Paper
- Institution:
- School of Oriental and African Studies - University of London
- Abstract:
- This paper explores the determinants of developing countries' export upgrading measured by export sophistication. In particular, as a response to the recent debate on China's impact on developing countries' industrialisation, we examine a new hypothesis that the considerable growth in developing countries' trade with China may serve as a source of productive investment for their export upgrading. Dynamic panel estimations based on HS 6-digit export data on 62 developing countries during 1995-2014 show the positive effects of human capital, productive investment, and absolute gains from trade with China measured by income terms of trade vis-à-vis China. Mediation analysis finds that the positive effect of trade with China on export upgrading takes effect largely through its enhancing effect on productive investment, which supports our hypothesis. By contrast, China's direct export-downgrading impact is minor. Our findings suggest that, for developing countries, China serves more as a stimulator of capital accumulation for industrial development than a competitor in manufacturing market or a predator of natural resources. This provides an alternative to the widespread argument of China's crowding-out and re- primarisation impact on developing countries. The priority for developing countries is therefore the appropriate use of the gains from trade for productive purposes.
- Topic:
- Development, International Trade and Finance, Hegemony, Investment, Exports, and Foreign Interference
- Political Geography:
- China and Asia
6. Tourism as a Mechanism in Reducing Income Inequality in Developing Economies
- Author:
- D. Tan and Risa Morimoto
- Publication Date:
- 12-2019
- Content Type:
- Working Paper
- Institution:
- School of Oriental and African Studies - University of London
- Abstract:
- Although numerous studies have investigated the contribution of tourism to economic growth and development, much less attention has been paid to assessing whether tourism-induced growth and development contribute to the poverty alleviation and income inequality (Kinyondo & Pelizzo, 2015). This study emamines the statistical relationship between tourism activities and a suite of income inequality measures. Using a dynamic fixed country-level effects panel model and bootstrapped standard errors, we find strong evidence showing both tourism dollars and inbound tourism numbers have an adverse effect ion income equality. These findings are supported by the results of the fixed-effects panel and dynamic pooled OLS regressions. The results of this study suggest that more effort should be exerted to develop pro-poor tourism initiatives in order to mitigate the inequitable distribution of the benefits of tourism as well as to reduce possible environmental degradation caused by rural poverty.
- Topic:
- Development, Tourism, Inequality, Income Inequality, Economic Theory, and Models
- Political Geography:
- Global Focus