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The article discusses the interpretation on the concept of "The White Paper on the Nationalized Industries." The Paper declares the governmental policy of the nationalized industries following the investigation into the role of the nationalized industries and the corresponding relationship with government undertaken at the Government's bid. The Paper also provides the Government's response to the recommendation in the report published on November 18, 1976. The discussion includes the drawing of attention towards the important aspects in the Paper, to remark major departures from the last White Paper and to comment upon the probable effectiveness of the new proposal.

Motivation: Agenda 2030 and the Sustainable Development Goals (SDGs) expand the development agenda. While all major development actors support policy coherence for development (PCD), analysis has been lacking on how this can be achieved as the development agenda expands. We discuss the relationship between SDGs and PCD through a comprehensive case study from Finland. Purpose: To examine the coherence of Finland's foreign and development policy for achieving the SDGs, while leaving no one behind. Particular focus is given to policies related to the private sector's role in development, and attention is also paid to ministries other than the Ministry for Foreign Affairs. Approach and methods: We carried out interviews with policy‐makers and other stakeholders, and analysed relevant documents. We reviewed governmental high‐level policy statements, sectoral alignments, and development aid documents. We also reviewed the position papers that the Finnish Government had issued on European Union (EU) processes, particularly regarding development relating to the private sector. Findings: Finland has been uniquely positioned to advance PCD in its foreign policy, thanks to co‐ordination structures across government. Nonetheless, mainstreaming of the expanded development agenda has been largely limited to the Ministry for Foreign Affairs and its development policy department. The breadth of the SDG agenda has enabled individual targets to be cherry‐picked, with less attention paid to advancing the Agenda 2030 as a whole and to implementing its Leave No One Behind (LNOB) principle. Despite an institutional framework seemingly ideal for policy coherence, traditional sectoral divisions between development policy as a separate field and sustainability as an environmental issue, remain. Five factors in particular hindered policy coherence: (a) Finland's position papers to the EU on taxes and migration all but ignored Agenda 2030 commitments; (b) the Finnish emphasis on the private sector in development narrowed the considerations of development to economic growth; (c) sustainability was seen as green technology, with scant regard to social sustainability; (d) private firms interpreted the SDGs to mean that environmental sustainability could address human rights‐related concerns with corporate social responsibility initiatives; and (e) cuts to staffing in the Finnish Government stymied innovative thinking and working across departmental boundaries. Policy Implications: Finland is generally seen as a front‐runner in mainstreaming development issues, which makes it an interesting case. We outline the key challenges that Finland has faced in tackling PCD, which should be relevant for other Organisation for Economic Co‐operation and Development (OECD) countries as well. Many challenges related to PCD are political and organizational. As such, they are highly dependent on the particular institutional settings in each country. Our methodological approach could be replicated in other similar countries. [ABSTRACT FROM AUTHOR]

Abstract: We review previous research on China's business cycle correlation with other economies applying meta‐analysis. We survey 71 papers analysing the different periods of Chinese economic development since the 1950s that were published in English or Chinese. We confirm that Pacific Rim economies in particular have relatively high business cycle correlation with China. It appears that many characteristics of the studies and authors influence the reported degree of business cycle synchronization. For instance, Chinese‐language papers report higher correlation coefficients. Despite this, we do not detect robust evidence for publication bias in the papers. Moreover, we show that the broad evidence does not confirm the popular decoupling hypothesis. [ABSTRACT FROM AUTHOR]

The quality of institutions indicates the level of economic development in the country. Institutions are a part of a system that is based on human interactions and that leads to the generation of incentives. These incentives can deal with uncertainties and foster economic, social, political growth, provided the human interactions are moderated well. This paper reflects on the strength of the interventionalist institutions like cooperatives in India and promotes institution building for a better future. The base of the paper focuses on the lessons learnt from dairy cooperatives in Gujarat state and discusses the current situation of the cooperatives and challenges faced by them. The cooperatives in India have been old institutions with a great history of success as also failures. Though there are various types of cooperatives in India, the dairy cooperatives have been able to gain more attention in the international market due to the Operation Floods I, II, and III. India has secured its position as one of the largest milk producers in the world. At present, India produces 20% of the total milk production in the world. This paper is a blend and analysis of theoretical perspectives and ground realities of the dairy cooperative sector in India. The paper follows theoretical perspectives from institutional theory to analyse the present scenario of dairy cooperatives in India. It addresses the gaps in the dairy cooperative development sector with an in‐depth analysis of ground realities and contributes to future policy formulation and interventions. [ABSTRACT FROM AUTHOR]

Attracted widespread attention from stakeholders, environmental information disclosed by companies can show the situations that corporates fulfill their environmental obligations. Different corporate stakeholders usually pay diverse attention to key environmental information factors due to their various industries, investment levels, identity characteristics, etc. However, the previous researches are not scientific enough due to the lack of reflecting the importance of environmental information according to the preferences of stakeholders. To fill this gap, this paper applies a fuzzy analysis model as the internal type‐2 trapezoidal fuzzy numbers —analytic hierarchy process (AHP) based ordinary least square regression to comprehensively reflect the preferences of stakeholders. Following that, this paper utilizes the data from 62 Chinese power companies as an example, and the results show that environmental information disclosed (EID) quality is positively correlated with regional economic development level and executive salary incentives. Moreover, the corporate political connection weakens the interaction between salary incentives and EID, which can be further confirmed by robustness analysis. Finally, this paper contributes to the literature on the research methods on EID by considering stakeholders' preferences in the fuzzy environment. [ABSTRACT FROM AUTHOR]

The purpose of this paper is to evaluate the sustainable efficiency of container terminals (CTs). By the definition of United Nations Conference on Trade and Development (UNCTAD), business sustainable development includes three domains: Economics, Environment, and Society. Accordingly, based on the definition and the practical features of CT operations, this paper assesses sustainable efficiency for CTs from three perspectives: container throughput, CO2 emissions, and occupational safety. In this paper, a modality movement and a fuzzy grey relational analysis (GRA) approach are first proposed to estimate CO2 emissions and occupational safety index for CT operators, respectively. A hybrid slacks‐based measure (SBM)‐DEA model is then developed to assess the sustainable efficiency of CT operators. Finally, the CT operators in the Port of Kaohsiung are empirically investigated to validate the research model. Based on the results, theoretical and practical implications for the management of CT operators and port authorities are discussed. [ABSTRACT FROM AUTHOR]

This paper constructs a general equilibrium spatial urban model and measures city geometric compactness using the patch‐shape index based on evidence from satellite imagery and basic vector maps of China. It adopts the ordinary least squares and instrumental variable approaches to examine the effect of city shape on the urban development of 279 Chinese cities at or above the prefecture level. The empirical results show that there was a significant negative correlation between city shape and economic outcomes. Specifically, every 1 percentage point increase in the patch‐shape index led to a decrease in city‐scale GDP by 0.009 percent, housing prices by 0.044 percent, and wages by 0.024 percent. More compact urban layouts attracted an inflow of households and firms, stimulated city economic growth, and were associated with increased housing prices and wage rates. The paper considers the cities' initial conditions, trends in population changes (expanding, shrinking, and stagnant cities), and geographic factors, and finds that the results are robust. An array of policy implications can be drawn from the research. [ABSTRACT FROM AUTHOR]

Migrants often face challenges in social integration. Using a nationally representative sample of migrant workers and employing the epidemiological approach, this paper examines the determinants of social integration. It finds that, conditional on a set of individual features, the migrants from less‐developed provinces have greater difficulty in integrating into local communities. These results still demonstrate robustness across alternative variables, samples, and various specifications. Mechanism analysis shows that educational and employment factors account for over 40 percent of the variance in social integration levels, suggesting their significant influence. Additionally, the analysis suggests that native bias against migrants, along with misunderstandings between them, may account for part of the remaining variation in social integration levels. Importantly, the ability to speak local dialects has been identified as a crucial factor that can significantly improve migrants' subjective experience of integrating into a new city. By identifying one specific cause of social integration, this paper provides information to individuals and governments and assists them to improve social integration. [ABSTRACT FROM AUTHOR]

This paper explores the impact of the political hierarchies of cities in China from different perspectives. First, we examine the economic disparities between prefectural cities and municipalities. Furthermore, this paper draws upon a quasi‐ experiment to analyze the impact of upgrading Chongqing to a municipality in 1997 using the synthetic control method. The city‐upgrading policy significantly increased Chongqing's gross domestic product (GDP) in the following 4 years. Finally, we find that the policy increased GDP in treated cities within 1200 km of Chongqing by about 10%–13% relative to the control cities. [ABSTRACT FROM AUTHOR]

Copyright of Regional Science Policy & Practice is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Urges readers of 'Singapore Journal of Tropical Geography,' to submit research papers on natural resources, economic development and political change in South America. Impact of the adoption of neoliberal economic policies on forest exploitation; Link between rural and urban communities in natural resource use.

The Australian Government's White Paper ' Australia in the Asian Century' is the first large-scale official look in the twenty-first century at economic change in Asia and how it affects Australian opportunities and challenges. This paper comments on the analysis embodied in and the objectives defined by the White Paper, especially as it relates to Australian resources. This paper generally endorses the aspirations of the White Paper and notes that their achievement is going to require efforts and changes beyond those that are currently contemplated. It comments briefly on six things: the development context of twenty-first century Asian growth; growth and structural change in Asia and Australia's terms of trade; macroeconomic management of a resource-intensive Australian economy; restoring productivity growth; excellence in education; and linking Australia to Asian opportunity. [ABSTRACT FROM AUTHOR]

The UN General Assembly is the central forum of world politics. While it formally allows the member states to delegate up to five representatives, the size of the national delegations is generally larger and significantly increases over time. In this paper, I explore the size of the national delegations to the General Assembly from 1993 to 2016. Generally, the major powers (USA, Russia) send the biggest delegations. Surprisingly, China sends significantly smaller delegations than it used to before 2008. Big delegations are also sent by some small (Sweden, Finland, Norway, Switzerland) or developing countries (Nigeria, Bangladesh). My analysis shows that national capacities and issue‐specific motivations drive up the delegation size. Although the issue‐specific explanations are relatively rare in UN‐related research (due to the general‐purpose nature of the organisation), I argue that human rights, international security, economic development, and UN governance are the agendas for which states care about the General Assembly. [ABSTRACT FROM AUTHOR]

Recent economic relations including foreign assistance scenario in Africa show expansion of China and India as emerging bilateral partners, competing with traditional countries in Europe and North America. The results of this paper found that the relationship of China and India with Zimbabwe has resulted in several challenges including increasing resource‐backed debt burden, exploitation of the natural resources, and flouting of constitutional, environmental, and labor provisions. The paper recommends that the Zimbabwean government must demand loans and investments that are contracted under clear terms and conditions, with parliamentary oversight and public scrutiny to avoid abuse by the elites. [ABSTRACT FROM AUTHOR]

Partner country (PC) selection lies in the centre of development policy decision‐making of donor countries and institutions, and plays a significant role in shaping aid patterns. This paper proposes a comprehensive analysis contrasting donor intentions in PC selection with actual aid flows. Having analysed selected members of the Development Assistance Committee of the Organization for Economic Cooperation and Development, namely, the European Union, France, Germany, Japan, Netherlands, Sweden, the United Kingdom and the United States of America, we suggest that (1) donors might not only be either altruistic or self‐interested but also motivated by an intention to contribute to the provision of global public goods; (2) self‐interest in aid provision can be an explicitly‐stated strategy, contrary to what has been argued in the majority of the literature, which often treats self‐interest as a non‐stated donor intention; and (3) donors' self‐interested intentions do not always lead to a less development‐oriented donor approach. [ABSTRACT FROM AUTHOR]

In this paper, I provide a high‐level, non‐technical review of how accounting information is used in Pillar 2 and what this means for the tax base. In addition, I discuss potential problems of using accounting data explicitly in a minimum tax and then, specifically, as the starting point for the computation of the income measures in Pillar 2. I then discuss several alternative solutions that may be simpler – or at least no more complex – and, importantly, pose fewer problems in terms of the quality of financial accounting information and the information available to capital markets. [ABSTRACT FROM AUTHOR]

This paper focuses on the widening wage inequality between skilled and unskilled workers within countries and discusses whether trade and technology have contributed to this trend. The paper develops an analytical framework for wage inequality that traces the determinants and their relative roles in wage inequality in different stages of the development of trade theory, especially those considering new evidence after 2011. We find that technology plays a key role in the rise of wage inequality in most countries, while trade plays an increasingly crucial and more complex role in recent years. Skill supply institutions, such as education systems supplying skilled labour or unions participating in wage‐setting processes, suppress the rise of wage inequality in some countries. The paper further outlines the mechanisms through which trade affects wage inequality, including offshoring, firm heterogeneity, labour market frictions and global value chains. We find that trade has indirect effects on technology, which further enlarges the wage inequality among skills. The paper also discusses the policy implications of the impacts of trade and technology on wage inequality. [ABSTRACT FROM AUTHOR]

This paper examines the impact of institutions on regional financial development using a panel data model of 11 East Asian countries during 1996-2017. It divides the institutional factors into six economic factors and six legalpolitical factors. The analysis demonstrates that the legalpolitical institutional factors have a stronger impact on financial development than the economic institutional factors in East Asia. Improvement in institutional quality such as fiscal freedom, business freedom, control of corruption, government effectiveness, regulatory quality and rule of law can promote financial development. Improvements of these institutional factors facilitate the ability of enterprises to allocate resources and improve the strength of business operations, thereby reducing transaction costs and making the financial operating environment fairer and more efficient. With the improvement of institutional factors, financial development will have more opportunities to develop better. Institutional impacts are more pronounced in the financial development in Malaysia, Indonesia, the Philippines and Myanmar than in the other countries such as China, Japan, Korea and Singapore. [ABSTRACT FROM AUTHOR]

It is argued that the civil war which erupted in Nepal in the mid 1990s had its seeds sown five decades ago when the country embarked on the economic development plan which placed a heavy emphasis on an urban-based import-substitution strategy. This strategy failed to benefit 86 per cent of the population who live in rural areas and rely on agriculture. This, together with poor governance, significantly increased unemployment, poverty and rural–urban inequality by the mid 1990s, leading to the eruption of civil war. Copyright © 2006 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]

Energy is pivotal for sustainable economic growth. Undoubtedly, the role of the composition of the export basket (measured as economic complexity) is one of the crucial variables influencing energy consumption. Despite its importance, the existing body of literature does not intensively study the relationship between economic complexity and total energy consumption. Therefore, this study's primary aim was to examine the effect of economic complexity on energy consumption in a case study of 21 developed and 44 developing countries for the period 1971–2014. In this context, economic complexity expresses the level of sophistication of a country's export basket. This paper considers energy prices and income as explanatory variables in Durbin‐H panel cointegration analysis and applies a cointegration test with structural breaks to check for the long‐run relationships. For the long‐run estimations, we employ the augmented mean group method and dynamic seemingly unrelated regression. The findings reveal that economic complexity increases energy consumption in developing countries while it decreases energy consumption in developed countries. This is an important insight for countries concerned about their energy dependence. The diversification of their production and export baskets can reduce energy needs. The paper finally presents policy recommendations based on the empirical estimates. [ABSTRACT FROM AUTHOR]

Tourism has, in recent times, been advocated as a particularly efficient way to promote the development of the so-called less favoured regions, mostly inland and mountain, owing to its potential for employment and income creation and the synergies it is able to generate in other sectors of activity. Based on the results of empirical research carried out in two distinct inland zones of Portugal, this article tries to demonstrate that a wide gap and considerable contradictions are emerging between the rhetoric and the real benefits that tourism has been producing in the local societies and economies of these regions. Copyright © 2002 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]

Abstract: This paper argues that the relationship between corruption and economic growth is dependent upon the uncertainty involved. Employing data on a cross‐section of countries, this paper uses an interaction between the frequency of bribery payments and the uncertainty regarding the delivery of the service in exchange for these bribes to show that corruption has a negative association with growth unless the uncertainty is minimal. Furthermore, the negative association becomes larger in magnitude with higher levels of uncertainty. At extremely high levels of uncertainty a relatively small increase in corruption, equivalent to moving from Sweden to the United States for example, is associated with economically large decreases in economic growth. [ABSTRACT FROM AUTHOR]

This paper examines news media coverage of hydraulic fracturing in Canada over a five-year period in five newspapers. Hydraulic fracturing, or 'fracking,' has reenergized the North American oil and gas market. This technology has increased economic growth, but it also comes with unknown and uncertain environmental and public health risks. Regulation of the fracking industry varies globally. In Canada there are three provinces that engage in large volume fracking and four provinces that have placed a moratorium on fracking. This paper demonstrates that the Canadian fracking story is about five frames: water pollution, economic benefits, uncertain risks, moratoriums, and energy independence. There is a difference between coverage in the two national newspapers as well as a difference in national and provincial coverage. In Nova Scotia, where fracking is banned, the media focuses primarily on environmental issues and benefits to the local economy. In Saskatchewan, where fracking for oil is an essential part of the economy, the media focuses on economic benefits and downplays other frames. Overall, across the five papers, the media coverage is highly selective and focuses on particular stories about the economy or the environment, but not both. Quelle est la chronique de la fracturation hydraulique au Canada? Cet article fait état de la couverture médiatique liée à la fracturation hydraulique au Canada par cinq journaux sur une période de cinq ans. La fracturation hydraulique a revitalisé le marché nord-américain des hydrocarbures. Cette technologie favorise la croissance économique, mais comporte également des risques écologiques et sanitaires inconnus et incertains. La réglementation régissant l'industrie de la fracturation varie selon les pays. À l'échelle canadienne, trois provinces ont réalisé d'importantes opérations de fracturation et quatre provinces ont imposé un moratoire à la fracturation hydraulique. Cet article montre que le cadrage médiatique de la fracturation hydraulique repose sur cinq thématiques : la pollution hydrique, les retombées économiques, l'incertitude liée aux risques, les moratoires et la souveraineté énergétique. Le cadrage médiatique varie entre les deux journaux nationaux ainsi qu'entre les médias nationaux et provinciaux. En Nouvelle-Écosse, où la fracturation est interdite, les médias mettent l'accent sur les questions environnementales et les retombées pour l'économie locale. En Saskatchewan, où la fracturation pour extraire du pétrole joue un rôle économique primordial, les médias se concentrent sur les retombées économiques et minorent l'importance des autres thématiques. Dans l'ensemble, les cinq journaux appliquent un filtre sélectif dans le traitement du sujet et publient des reportages spécifiques portant sur l'économie ou sur l'environnement, mais pas les deux. [ABSTRACT FROM AUTHOR]

Discusses the adoption of neoliberal economic models by Latin American countries as they emerged from military dictatorships into democracies. South American countries' exploitation of natural resources and its relation to their economy; Occurrence in the shift in economic policies of most South American governments in parallel with the forces of political change.

This paper considers the prospects and promises of continent‐wide infrastructure projects under China's Belt and Road Initiative (BRI), and its implications for intra‐regional trade and economic development in Africa. Building on the supply side theory of trade and economic development, and taking cognizance of the impacts of asymmetric market sizes on trade integration, this paper argues that continent‐wide infrastructure projects are perhaps not the biggest constraints to intra‐Africa trade. Consequently, the paper recommends caution in pursuing regional infrastructure projects under the BRI. Given that the economies of most African countries depend largely on natural resources, the BRI could be adopted strategically to establish and manage infrastructure projects that would relax the binding constraints to structural transformation and allow for the development of manufacturing and/or service capabilities in the respective countries, especially in niche areas. [ABSTRACT FROM AUTHOR]

Site selection processes whereby companies choose a location for an expansion or relocation have changed substantially over the past several decades. One key shift has been the emergence of collaboration among both individual economic developers and cooperation among the communities they represent. The rise in collaborative practices has also been increasingly reflected in the contemporary economic development literature outside the discipline of geography. The aim of this paper is to provide an overview of economic development studies of collaboration and then to suggest ways that geographers might use concepts from that scholarship to inform and extend the limited number of studies exploring site selection practices. The paper begins by offering a context for the emergence of collaboration trends by highlighting the ways that information asymmetry in site selection processes create a demand for greater collaboration among industry practitioners. It then turns to an overview of the burgeoning literature on collaboration that has evolved over the last decade in the interdisciplinary scholarship on economic development. Next, the paper shifts to a discussion of the ways that geographers might use the literature on collaboration to inform studies of site selection, specifically focusing on geographic scale and research on site selection consultants as possible areas for future investigation. The article concludes by arguing that studying collaboration in the context of geographies of site selection holds the potential for greater insights into the broader outcomes of economic development. [ABSTRACT FROM AUTHOR]

The number of holidays differs significantly across Indian states. Moreover, some of the governing political parties have been accused of using holidays as a tool either to mollify disgruntled workers or to woo voters before the state elections. In this context, this paper explores the relationship between the number of holidays and economic growth across 24 Indian states, spanning the period 2008–2016, by employing a panel model analysis. The paper presents evidence suggesting that holidays seem to affect growth negatively in the rich states but are inconsequential for the growth performance of the poor states. [ABSTRACT FROM AUTHOR]

This paper describes the socio‐economic dynamics that, in the Colombian case, underlie the relationship between mining and the territory where it takes place. The description includes the key features of public policy regarding mining, under which mineral resource extraction may have produced unintended effects that raise doubts regarding mining's contribution to Colombian economic development. Under a qualitative approach, I carried out a documentary analysis from which I identified several aspects of the economic and mining policy. The analysis confirms several of the explanations for the so‐called resource curse hypothesis, the connection between these aspects, and of them with specific policy decisions. [ABSTRACT FROM AUTHOR]

This paper examines the four‐way linkages between innovation, trade openness, financial development and economic growth using panel‐VAR approach for 11 European countries over the period 2001‐2016. Most importantly, the findings revealed that there is a unidirectional relationship between economic growth and financial development, between trade and economic growth and between innovation and financial development. The findings also revealed a negative relationship between innovation and economic growth and between trade and economic growth. The paper concludes that further regulation of financial systems and the quality of funding are important ingredients to foster economic development. The paper also concludes that country‐specific characteristics can play an important role in fostering innovation and productivity. Furthermore, policymakers should improve institutional quality and improve the regulatory environment in order to benefit more from trade openness. Also, policy makers need to use innovation incentives for local companies in order to counteract the negative effects induced by market opening. [ABSTRACT FROM AUTHOR]

Despite its invaluable contribution to the field of comparative economics, the socialist calculation debate has focused on the narrow topic of the impossibility of the rational economic calculation under socialism. The literature on new institutional economics suggests that economic development is determined by economic and political institutions which are far more complex than the issue of economic calculation. To bridge the gap between the calculation debate and new institutional economics, this paper utilizes the historical case studies of Perestroika and Deng's China to demonstrate relationship between state capacity and economic calculation. We argue that rational economic calculation requires the state's institutional ability to make a credible commitment to constraints inhibiting public predation. [ABSTRACT FROM AUTHOR]

This paper studies the dynamics of unemployment (u) and its natural rate (u*), with u* measured by real‐time estimates for 29 countries from the Organization for Economic Cooperation and Development. We find strong evidence of hysteresis: an innovation in u causes u* to change in the same direction, and therefore has permanent effects. For our baseline specification, a one‐percentage‐point deviation of u from u* for 1 year has a long‐run effect of 0.16 points on both variables. When we allow asymmetry, we find, perhaps surprisingly, that decreases in u have larger long‐run effects than increases in u. [ABSTRACT FROM AUTHOR]

This paper presents an overview of the state of the art in the field surrounding the measurement of "intangibles" for productivity analysis. The purpose of the paper is to inform indicator development and implementation in economic analysis, both at the micro and aggregated levels. The review seeks to capture the development of intangibles measurement, which has explored a variety of directions, both in terms of definition, method and data. We characterize both the diversity of the field and its development over time. Current national and firm level accounting rules lead, from an economic viewpoint on intangibles, to both an underestimation of intangible assets and productivity growth. Further work is needed, both concerning the estimation of "technical" aspects such as depreciation rates and deflators, and in the continued testing and comparison of different measurement efforts. Many opportunities exist to aggregate across or cross‐validate between the measures that are currently being used, enhancing our understanding of the properties of these measures. Even though micro‐based work faces great challenges in terms of data availability, it will be important for the estimation of depreciation rates and in developing our understanding (and thereby better measurement) of broader forms of intangibles, which can thereafter inform measurement at more aggregated levels. [ABSTRACT FROM AUTHOR]

Considers the conceptual underpinnings, the objectives and instrument of regional social protection (SP) strategy used by the World Bank (WB) in its regional development projects. Activities covered by the lending and non-lending schemes by the WB in the SP area; Analysis of the risks arising from the globalization of trade in goods, services, and factors of production; Advantages to using social risk management as the analytical framework for SP; Reasons for the World Bank's concern with social risk management.

The article discusses a paper by Pinelopi Koujianou Goldberg and Tristan Reed that explores the role of market size in economic development and poverty reduction. The paper argues that market size is a significant constraint on development and that conventional development policies may not be fully effective. The authors present evidence that supports their perspective and propose measures of market size. However, the article also highlights the potential negative effects of international integration on domestic producers and raises questions about the strong version of the argument. It suggests that other factors, such as macro policies and commodity prices, may have contributed to the recent economic growth and poverty reduction in developing countries. The article concludes by discussing the changing global context and the need to focus on domestic demand for sustained economic development. [Extracted from the article]

This article is a comment on a paper titled "Presidential Address: Demand-Side Constraints in Development: The Role of Market Size, Trade, and (In)Equality" by Pinelopi Koujianou Goldberg and Tristan Reed. The paper explores the relationship between market size and economic development, specifically focusing on the transition from agriculture to manufacturing. The authors find that small market size is a constraint for economic development and that expansion into international markets or growth in domestic markets can help overcome this constraint. The paper also discusses the importance of demand-side policies and supply-side policies in promoting development, particularly for countries with a comparative advantage in primary sectors. [Extracted from the article]

The Labour government's White Paper is welcome as it builds firmly on the policies of the previous Conservative administration. In particular, the four aims of aid policy laid out in the Fundamental Expenditure Review—support for sound political and economic policies, promotion of stronger health and education services, encouragement of sustainable development, and a commitment to work with our international partners to alleviate poverty and to provide disaster relief—are all confirmed in the White Paper. The White Paper's support for this agenda represents some U-turns, for example with respect to the relationship to the IMF, a possible social clause in the WTO and the position on the quantity and quality of British aid. However, there are also areas of confusion created by some of Labour's statements on aid policy that the White Paper does little to resolve—such as the relationship between DFID and the Foreign and Commonwealth Office (including the respective roles of the Know-How Fund and the Westminster Foundation for Democracy), the role of NGOs, and the future of mixed credits. While the White Paper is welcome, the real test lies in Labour's future performance, which will have to be carefully scrutinized. © 1998 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]

In this paper, it is shown that it matters a lot for empirical research whether policy is taken to be exogenously set or to be endogenous. In the model investment depends on policy that depends on economically important fundamentals and is, thus, endogenous. The paper analyzes what might be concluded when treating policies as randomly assigned, when in fact they are not. When policy is endogenous, the measured effects of policy on growth will generally be biased. Based on the model and OECD data, the signs of the biases for tax variables and for redistribution are derived. Based on these signed biases, the paper discusses some empirical results that seem puzzling from a theoretical viewpoint. The paper argues that regressing growth on policy can still yield important information if policy endogeneity is taken into account. [ABSTRACT FROM AUTHOR]

The article offers information on several papers being requested for the International Association for Research in Income and Wealth conference to be held in St. Gallen, Switzerland from August 22-28, 2010 which includes the topics Innovation--Key Factor for Economic Growth, House Price Movements and the Economy, and Surveys and Data Combination.

This Policy Arena examines some of the development challenges faced by SIDS. It brings together a collection of papers arising from the United Nations University World Institute for Development Economics Research (UNU-WIDER) project [Fragility and Development]. These investigations were presented at the UNU-WIDER project meeting held in Lautaka, Fiji in December 2006. The Policy Arena contains four studies that look, respectively, at various aspects of trade, foreign direct investment, aid and remittances, and migration, focusing on countries in the Pacific and the Caribbean. This introduction briefly describes the papers and distills some key messages for development policy. Copyright © 2008 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]

The article discusses various reports published within the issue including one by Alan Gelb et al which discusses the performance of different groups of countries with an emphasis on better-performing low-income countries and another by Ji Hong Kim which examines Korea's economic development.

The article discusses the topics published within the issue, including one on the significance of a shared sectoral growth in the economy and another on the role of migration and remittances in the process of shared growth.

The article presents a request for the submission of reports on sustainable development and identity. The increasing rate of consumption negatively affected the ecological system. Sustainability needs to be contextualized in terms of identities. Identities are influenced by social reality. The papers should examine the aesthetic, emotional. communicative and social aspects of consumption and organizing in different social and cultural contexts. The papers could either be based on empirical findings or be conceptual.

Copyright of Papers in Regional Science is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

In this paper, we reassess the impact of inequality on growth. The majority of previous papers have employed (system) GMM estimation. However, recent simulation studies indicate that the problems of GMM when using non‐stationary data such as GDP have been grossly underestimated in applied research. Concerning predetermined regressors such as inequality, GMM is outperformed by a simple least‐squares dummy variable estimator. Additionally, new data have recently become available that not only double the sample size compared to most previous studies, but also address the substantial measurement issues that have plagued past research. Using these new data and an LSDV estimator, we provide an analysis that both accounts for the conditions where inequality is beneficial or detrimental to growth and distinguishes between market‐driven inequality and redistribution. We show that there are situations where market inequality affects growth positively while redistribution is simultaneously beneficial. [ABSTRACT FROM AUTHOR]

This paper analyses the impact of economic crises on the development of European financial assistance. It demonstrates that crisis episodes that have taken place over the last five decades have significantly altered the design of European Union emergency support. This paper illustrates how solutions adopted in formative moments – including the 1973 oil shock, the Eurozone crisis, and the Covid‐19 pandemic – and their long‐term consequences led to the smorgasbord of instruments of the present financial assistance structure. By applying a historical institutionalist approach, combining insights from studies of critical junctures and gradual change, this contribution explains how economic shocks contributed to change in financial assistance, while also highlighting mechanisms that led to the continuation of specific elements of the assistance structure. [ABSTRACT FROM AUTHOR]