Pub Date : 2021-02-15DOI: 10.1080/23792949.2020.1854615
R. Hudson
ABSTRACT Capitalist economies are structured around two fundamental contradictions. The first lies within the social relations of capital, and the second in the ‘metabolic rift’ between capital accumulation and nature. While the adverse effects of the first do create systemic existential crises, capital and its political representatives have discovered ways of temporarily containing them and creating new space for enhanced accumulation. In contrast, the risks emanating from the second contradiction, located in the disjuncture between capital’s need for compound economic growth and the capacity of the planetary ecosystem as a source of material inputs and a sink for inevitable unwanted by-products, cannot be so contained. As such, the second contradiction represents an immanent existential threat to the capitalist mode of production and the societies in which it is, to varying degrees, embedded, of which the most pressing contemporary expression is enhanced global warming.
{"title":"Capitalism, contradictions, crises: pushing back the limits to capital or breaching the capacity of the planetary ecosystem?","authors":"R. Hudson","doi":"10.1080/23792949.2020.1854615","DOIUrl":"https://doi.org/10.1080/23792949.2020.1854615","url":null,"abstract":"ABSTRACT Capitalist economies are structured around two fundamental contradictions. The first lies within the social relations of capital, and the second in the ‘metabolic rift’ between capital accumulation and nature. While the adverse effects of the first do create systemic existential crises, capital and its political representatives have discovered ways of temporarily containing them and creating new space for enhanced accumulation. In contrast, the risks emanating from the second contradiction, located in the disjuncture between capital’s need for compound economic growth and the capacity of the planetary ecosystem as a source of material inputs and a sink for inevitable unwanted by-products, cannot be so contained. As such, the second contradiction represents an immanent existential threat to the capitalist mode of production and the societies in which it is, to varying degrees, embedded, of which the most pressing contemporary expression is enhanced global warming.","PeriodicalId":31513,"journal":{"name":"Area Development and Policy","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2021-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/23792949.2020.1854615","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47126520","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-02-15DOI: 10.1080/23792949.2020.1869047
Fernanda Feil, Carmem Feijó, Carlos Henrique Vasconcellos Horn
ABSTRACT State-owned financial institutions (SFIs) play an important role in regional credit distribution and the promotion of structural change and regional economic development, often contributing to regional convergence. The evolution of SFIs in Brazil after the Second World War, through the 1980s’ debt crisis and 1990s’ financial reform and under Workers Party governments in the new millennium, is outlined. The analysis of a regional credit concentration index from 2010 to 2020 shows that from 2004 to 2015 revived national and subnational SFIs helped drive a phase of regional convergence. Despite their smaller size, subnational SFIs still play a role in regional development as their chief mandate is credit supply.
{"title":"Regional credit distribution in Brazil: the role of state-owned financial institutions","authors":"Fernanda Feil, Carmem Feijó, Carlos Henrique Vasconcellos Horn","doi":"10.1080/23792949.2020.1869047","DOIUrl":"https://doi.org/10.1080/23792949.2020.1869047","url":null,"abstract":"ABSTRACT State-owned financial institutions (SFIs) play an important role in regional credit distribution and the promotion of structural change and regional economic development, often contributing to regional convergence. The evolution of SFIs in Brazil after the Second World War, through the 1980s’ debt crisis and 1990s’ financial reform and under Workers Party governments in the new millennium, is outlined. The analysis of a regional credit concentration index from 2010 to 2020 shows that from 2004 to 2015 revived national and subnational SFIs helped drive a phase of regional convergence. Despite their smaller size, subnational SFIs still play a role in regional development as their chief mandate is credit supply.","PeriodicalId":31513,"journal":{"name":"Area Development and Policy","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2021-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/23792949.2020.1869047","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47503495","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-02-15DOI: 10.1080/23792949.2020.1870409
P. Chandra, Jitender Kumar
ABSTRACT This study examines the value chain of Uttarakhand’s medicinal and aromatic plants and herbal and herbal healthcare products sector, the roles of different stakeholders, and their contribution to sustainable commercial development and value generation. Organized and unorganized paths in the chain are identified, as is the significant role of middlemen and the need for policy attention to the unorganized parts of the chain, with a view to establish a chain that is pro-farmer, adds value, and promotes sustainable growth and development.
{"title":"Linking the medicinal and aromatic plants business to sustainable resource management and economic prosperity: a value chain analysis","authors":"P. Chandra, Jitender Kumar","doi":"10.1080/23792949.2020.1870409","DOIUrl":"https://doi.org/10.1080/23792949.2020.1870409","url":null,"abstract":"ABSTRACT This study examines the value chain of Uttarakhand’s medicinal and aromatic plants and herbal and herbal healthcare products sector, the roles of different stakeholders, and their contribution to sustainable commercial development and value generation. Organized and unorganized paths in the chain are identified, as is the significant role of middlemen and the need for policy attention to the unorganized parts of the chain, with a view to establish a chain that is pro-farmer, adds value, and promotes sustainable growth and development.","PeriodicalId":31513,"journal":{"name":"Area Development and Policy","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2021-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/23792949.2020.1870409","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49631095","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-18DOI: 10.1080/23792949.2020.1848441
C. J. Jimenez Aguilar, Ulf Thoene
ABSTRACT The Bogotá Metropolitan Region represents a paradox as it is yet to establish a metropolitan entity. The official discourse on the integration of Colombia’s capital city, Bogotá Capital District, with its surrounding municipalities is at odds with the reality of uncoordinated governance. This research addresses the local and provincial roles of public and private associations in peripheral municipalities, identifying a profound geographical differentiation between public action largely confined to a provincial scale due to the lack of local public governance capacity and the factors that inhibit effective provincial-scale public action and the way private associations have sought to address consequent gaps in service provision.
{"title":"Associativity in the Bogotá metropolitan region: coordination challenges in a fragmented region","authors":"C. J. Jimenez Aguilar, Ulf Thoene","doi":"10.1080/23792949.2020.1848441","DOIUrl":"https://doi.org/10.1080/23792949.2020.1848441","url":null,"abstract":"ABSTRACT The Bogotá Metropolitan Region represents a paradox as it is yet to establish a metropolitan entity. The official discourse on the integration of Colombia’s capital city, Bogotá Capital District, with its surrounding municipalities is at odds with the reality of uncoordinated governance. This research addresses the local and provincial roles of public and private associations in peripheral municipalities, identifying a profound geographical differentiation between public action largely confined to a provincial scale due to the lack of local public governance capacity and the factors that inhibit effective provincial-scale public action and the way private associations have sought to address consequent gaps in service provision.","PeriodicalId":31513,"journal":{"name":"Area Development and Policy","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2021-01-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/23792949.2020.1848441","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46875743","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-02DOI: 10.1080/23792949.2020.1871387
M. Bennett
ABSTRACT Divining the future of development, not least of all of China, from Hong Kong has long been fraught. Taking up Jamie Peck’s call for ‘conjunctural theorizing’ that destabilizes idealizations of the state and market, through examples drawn from the Pearl River Delta, this paper explores how the colonial and contemporary accumulation of political power and financial capital by wealthy individuals, families and their corporations renders divisions between the two institutions superficial. It then considers the local and global geopolitical effects of Hong Kong’s transformation into an entrepôt for international trade and, more recently, offshore wealth – increasingly from Mainland China, a dynamic which will again reshape state–market relations. These reflections support Peck’s demonstration of the productive possibilities of starting rather than ending theory from cases such as Hong Kong.
{"title":"Whose offshore? Rescaling Hong Kong from Asia's World City to China's Greater Bay Area","authors":"M. Bennett","doi":"10.1080/23792949.2020.1871387","DOIUrl":"https://doi.org/10.1080/23792949.2020.1871387","url":null,"abstract":"ABSTRACT Divining the future of development, not least of all of China, from Hong Kong has long been fraught. Taking up Jamie Peck’s call for ‘conjunctural theorizing’ that destabilizes idealizations of the state and market, through examples drawn from the Pearl River Delta, this paper explores how the colonial and contemporary accumulation of political power and financial capital by wealthy individuals, families and their corporations renders divisions between the two institutions superficial. It then considers the local and global geopolitical effects of Hong Kong’s transformation into an entrepôt for international trade and, more recently, offshore wealth – increasingly from Mainland China, a dynamic which will again reshape state–market relations. These reflections support Peck’s demonstration of the productive possibilities of starting rather than ending theory from cases such as Hong Kong.","PeriodicalId":31513,"journal":{"name":"Area Development and Policy","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2021-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/23792949.2020.1871387","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43075816","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-02DOI: 10.1080/23792949.2020.1851143
J. Visagie, I. Turok
ABSTRACT Like most governments around the world, the South African government adopted a uniform, place-blind response to the coronavirus pandemic, including a hard lockdown. New evidence from a large household survey reveals that the socioeconomic effects have widened pre-existing inequalities between cities and rural areas. More could be done to complement national relief programmes with targeted efforts to boost jobs and livelihoods in the most vulnerable areas. In addition, the premature withdrawal of relief measures before the economy has recovered would aggravate the hardship in poorer communities that have come to rely on these resources following the jobs slump.
{"title":"Rural–urban inequalities amplified by COVID-19: evidence from South Africa","authors":"J. Visagie, I. Turok","doi":"10.1080/23792949.2020.1851143","DOIUrl":"https://doi.org/10.1080/23792949.2020.1851143","url":null,"abstract":"ABSTRACT Like most governments around the world, the South African government adopted a uniform, place-blind response to the coronavirus pandemic, including a hard lockdown. New evidence from a large household survey reveals that the socioeconomic effects have widened pre-existing inequalities between cities and rural areas. More could be done to complement national relief programmes with targeted efforts to boost jobs and livelihoods in the most vulnerable areas. In addition, the premature withdrawal of relief measures before the economy has recovered would aggravate the hardship in poorer communities that have come to rely on these resources following the jobs slump.","PeriodicalId":31513,"journal":{"name":"Area Development and Policy","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2021-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/23792949.2020.1851143","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43678359","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-02DOI: 10.1080/23792949.2020.1864218
David R. Meyer
ABSTRACT In ‘On capitalism’s cusp’, Jamie Peck critiques prior explanations of capitalist variegation. His ‘zones of friction, seams, cusps, and fault lines in a world of inconstant conjunctions’ offer a template for his critique of the Greater Bay Area initiative of China’s government, and of Hong Kong’s role in it. This framework also provides a means to rethink the internal and external challenges Hong Kong faces, even as its status as a global financial centre remains secure. While Peck sets out a broad-brushed framework, its specifics await future development.
{"title":"Guangdong–Hong Kong city cluster: a commentary on ‘On capitalism’s cusp’","authors":"David R. Meyer","doi":"10.1080/23792949.2020.1864218","DOIUrl":"https://doi.org/10.1080/23792949.2020.1864218","url":null,"abstract":"ABSTRACT In ‘On capitalism’s cusp’, Jamie Peck critiques prior explanations of capitalist variegation. His ‘zones of friction, seams, cusps, and fault lines in a world of inconstant conjunctions’ offer a template for his critique of the Greater Bay Area initiative of China’s government, and of Hong Kong’s role in it. This framework also provides a means to rethink the internal and external challenges Hong Kong faces, even as its status as a global financial centre remains secure. While Peck sets out a broad-brushed framework, its specifics await future development.","PeriodicalId":31513,"journal":{"name":"Area Development and Policy","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2021-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/23792949.2020.1864218","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42233277","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-02DOI: 10.1080/23792949.2020.1866996
J. Peck
ABSTRACT The paper presents a critique of persistent tendencies in (macro)economic theorizing to draw binary distinctions between states and markets, and between liberal-market capitalism and its (more statist) others. Against this dichotomous perspective, a case is made for conjuncturally sited investigations of reconfigured capitalisms and recombinant economic forms. The ambitious scheme to construct a ‘Greater Bay Area’ (GBA) in China’s Pearl River Delta, with its inchoate remit to transcend the two-systems divide between ‘free market’ Hong Kong and the ‘state capitalism’ of the mainland, is taken as a case in point. The GBA scheme entails the construction of a new political economic scale, imagined as a developmental horizon and as a space for experimentation in economic statecraft.
{"title":"On capitalism’s cusp","authors":"J. Peck","doi":"10.1080/23792949.2020.1866996","DOIUrl":"https://doi.org/10.1080/23792949.2020.1866996","url":null,"abstract":"ABSTRACT The paper presents a critique of persistent tendencies in (macro)economic theorizing to draw binary distinctions between states and markets, and between liberal-market capitalism and its (more statist) others. Against this dichotomous perspective, a case is made for conjuncturally sited investigations of reconfigured capitalisms and recombinant economic forms. The ambitious scheme to construct a ‘Greater Bay Area’ (GBA) in China’s Pearl River Delta, with its inchoate remit to transcend the two-systems divide between ‘free market’ Hong Kong and the ‘state capitalism’ of the mainland, is taken as a case in point. The GBA scheme entails the construction of a new political economic scale, imagined as a developmental horizon and as a space for experimentation in economic statecraft.","PeriodicalId":31513,"journal":{"name":"Area Development and Policy","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2021-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/23792949.2020.1866996","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45328415","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-21DOI: 10.1080/23792949.2020.1830707
N. Kosareva, Tatiana T. Polidi’s, R. A. Popov, A. Puzanov
ABSTRACT Estimates of the gross urban product (GUP), GUP per capita and GUP growth rates are compared with the level and evolution of gross domestic product (GDP) and gross regional product (GRP) to examine relationships between the structure of urban economies and economic development. Agglomeration economies are manifested in the largest capital cities of Russian regions, but the benefits differ significantly between capital cities since they depend on economic structure and efficiency. A test of the hypothesis that housing construction is a driver of the economic growth of capital city economies was rejected because no causal relationship was found between housing construction and GUP in most of the cities.
{"title":"Economic performance of Russian regions’ capital cities","authors":"N. Kosareva, Tatiana T. Polidi’s, R. A. Popov, A. Puzanov","doi":"10.1080/23792949.2020.1830707","DOIUrl":"https://doi.org/10.1080/23792949.2020.1830707","url":null,"abstract":"ABSTRACT Estimates of the gross urban product (GUP), GUP per capita and GUP growth rates are compared with the level and evolution of gross domestic product (GDP) and gross regional product (GRP) to examine relationships between the structure of urban economies and economic development. Agglomeration economies are manifested in the largest capital cities of Russian regions, but the benefits differ significantly between capital cities since they depend on economic structure and efficiency. A test of the hypothesis that housing construction is a driver of the economic growth of capital city economies was rejected because no causal relationship was found between housing construction and GUP in most of the cities.","PeriodicalId":31513,"journal":{"name":"Area Development and Policy","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2020-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/23792949.2020.1830707","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48576148","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-21DOI: 10.1080/23792949.2020.1851608
Mingxin Xiong, Travis A. Whetsell, J. Zhao, Shaoming Cheng
ABSTRACT A salient characteristic of China’s public–pgrivate partnerships (PPPs) is the deep involvement of state-owned enterprises (SOEs), particularly those administered by the central/national government (CSOEs). In this research social network analysis (SNA) was used to examine the role of different actors in transport and environmental protection PPPs in China in the period 2012–17. The results largely confirm the resource-based view and resource-dependency theory, showing that while CSOEs are dominant in both sectors, their dominance and control is greatest in transport sector projects that are more dependent on their accumulated experience, expertise, human capital assets and managemgent skills, that their dominance has increased over time, and that it is aligned with the provincial distribution of Chinese CSOEs.
{"title":"Centrally administered state-owned enterprises’ engagement in China’s public–private partnerships: a social network analysis","authors":"Mingxin Xiong, Travis A. Whetsell, J. Zhao, Shaoming Cheng","doi":"10.1080/23792949.2020.1851608","DOIUrl":"https://doi.org/10.1080/23792949.2020.1851608","url":null,"abstract":"ABSTRACT A salient characteristic of China’s public–pgrivate partnerships (PPPs) is the deep involvement of state-owned enterprises (SOEs), particularly those administered by the central/national government (CSOEs). In this research social network analysis (SNA) was used to examine the role of different actors in transport and environmental protection PPPs in China in the period 2012–17. The results largely confirm the resource-based view and resource-dependency theory, showing that while CSOEs are dominant in both sectors, their dominance and control is greatest in transport sector projects that are more dependent on their accumulated experience, expertise, human capital assets and managemgent skills, that their dominance has increased over time, and that it is aligned with the provincial distribution of Chinese CSOEs.","PeriodicalId":31513,"journal":{"name":"Area Development and Policy","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2020-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/23792949.2020.1851608","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44603774","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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