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231. Stimulating Sustainable Economic Growth in Sub-Saharan Africa with Legal Systems Enabling Women Entrepreneurs’ Creativity

Author:
Isabelle Deschamps
Publication Date:
01-2012
Content Type:
Policy Brief
Institution:
Institute for the Study of International Development, McGill University
Abstract:
This brief addresses the problem of gendered poverty in Sub-Saharan Africa and argues that multifaceted context-sensitive business law reform is necessary for tackling issues underlying the problem. It takes the reform initiatives led by the Organisation pour l’harmonisation du droit des affaires en Afrique (OHADA) as a case study and draws on interviews carried out by the author with women entrepreneurs, OHADA agents, lawyers and journalists in Benin and Cameroon in 2010, 2011 and 2012. The brief argues that business law modernization in Africa should not be only or predominantly aimed at attracting foreign investors and ensuring a secure legal climate for multinational corporations. Rather, African business law reform should also attend to the informal sector and aim to make states’ legal systems friendlier to micro, small and medium businesses (MSM), in particular ones operated by women. Concomitantly, Canada’s international development assistance policies should aim at promoting, through commercial law reform, entrepreneurial skills and creativity among principals of MSMs. Strategies and recommendations for reaching policy goals should be rooted in local needs and frames of reference. They should target and be accessible to those running MSMs in the region. This brief notes CIDA’s successes in this area, and shows how current programs can be adjusted to prioritize the achievement of policy goals and the development of strategies in cooperation with female-run MSMs, financiers, jurists and organisations like the OHADA operating in sub-Saharan Africa.
Topic:
Development, Women, Entrepreneurship, and Economic growth
Political Geography:
Africa

232. Case Study from Brazil Gender Equality, Sexual and Reproductive Health, and Poverty Reduction: Understanding the Links with Economic Growth and Improvements in Household Income

Author:
Rosana Heringer
Publication Date:
01-2012
Content Type:
Policy Brief
Institution:
Institute for the Study of International Development, McGill University
Abstract:
The general understanding about the status of women in Brazil show a reality of many advancements in many aspects, however not always followed by equivalent outcomes in terms of the status of women in private space. This means that women in Brazil have experimented increased education levels and increased presence in the labor market. However, Brazilian women are still subjected to prejudice and discrimination when it comes to their role in domestic space, playing a subordinate role in relation to husbands and other male roles in the family. This also has implications for the status of women in relation to sexual and reproductive health and rights and in terms of the participation of women in public sphere, including labor market and political participation. The status of women in the household, when subject to disrespect and lack of autonomy, leading to situations of economic dependence, unwanted pregnancy or domestic violence, to name a few, jeopardize the possibility of women developing themselves as independent citizens and with autonomy to participate in economic life. Although having recently elected the first woman president in the country, Brazil has also a low record when it comes to the political participation of women. The number of women as elected officials in the country is among the smallest in the world, and has been growing slowly along the last decade. It is also important to say that the status of women in Brazil is highly marked by the differences among women themselves in aspects such as class and race or ethnic background. Black and indigenous women in Brazil face the biggest burdens in terms of access to rights, with implications to their well being and to their status in society. It is also acknowledged that class differences, representing the inequalities in terms of education, occupation and income have great influence in the situation of women.
Topic:
Gender Issues, Poverty, Income Inequality, Economic growth, and Reproductive Health
Political Geography:
Brazil and South America

233. Africa Capacity Indicators 2011: Capacity Development in Fragile States

Publication Date:
01-2011
Content Type:
Special Report
Institution:
The African Capacity Building Foundation (ACBF)
Abstract:
Africa's recent development performance has generated optimistic talk that the Continent will soon join the league of “emerging markets.” While Africa has in fact, over the past decade, achieved significant gains in restoring macroeconomic stability and robust economic growth, thereby breaking with and starting to tackle the economic stagnation, debt crisis and severe poverty of the previous three decades, these developments are uneven and they need to be sustained.
Topic:
Development, Emerging Markets, Markets, Fragile States, Economic growth, Capacity, and Macroeconomics
Political Geography:
Africa

234. Infrastructure, Knowledge Creation and Spillovers and Economic Growth in China

Author:
Sangaralingam Ramesh
Publication Date:
03-2009
Content Type:
Working Paper
Institution:
School of Oriental and African Studies - University of London
Abstract:
The economic prosperity associated with the Coastal regions of China has not ‘trickled’ down to the Western and Central regions sufficiently enough to eliminate the disparities in income between the regions. Indeed, the disparities between China’s Coastal regions and its other regions continue to deepen to the present day. In the Mao period the Central planners held the mistaken belief that investment in the railways and development of heavy industry in the interior parts of China would bring prosperity. In the reform period and beyond, the focus of economic development in China has been to take advantage of China’s low labour costs. In the earlier part of the reform era the focus of economic reforms centred on the development of Special Economic Zones (SEZ’s) .In the second phase of reform policies were centred on the High Technology Development Zones [NHTIDZ’s].A characteristic feature of both SEZ’s and NHTIDZ’s is that they represent a concentration of infrastructure within a predefined spatial area. The framework of analysis in this paper is the New Economic Geography [NEG] .The NEG addresses the formation of agglomeration economies accruing to physical linkages in one location. However, the NEG does not address the issue of how agglomeration economies form due to knowledge creation linkages which are location independent. The main facet of this approach is that it will allow for a qualitative analysis of the spatial aspects of the infrastructural and knowledge creation factors affecting China’s economic growth. Previous approaches which have been used to study infrastructure and economic growth in China have been based on Econometric techniques. These approaches use measures such as length of railway, length of roads and telephone density, while in reality the concentration of infrastructure in the SEZ’s and NHTIDZ’s as significantly contributed to China’s post 1978 economic growth.
Topic:
Infrastructure, Income Inequality, and Economic growth
Political Geography:
China and Asia

235. On the Current Links Capital Markets and Investment in MENA Countries

Author:
Randa Alami
Publication Date:
03-2009
Content Type:
Working Paper
Institution:
School of Oriental and African Studies - University of London
Abstract:
This paper considers the current status of some Middle Eastern markets (Arab countries excluding the Gulf countries). These markets have matured significantly over the last six years, and this helped the concurrent strong economic and investment growth. Evidence gathered here indicates the markets have become a minor source of corporate investment, mobilising both domestic and foreign investors. It allowed them to capture both part of the surge in intra-regional capital flows, and part of rising Foreign Direct Investment. A more enhanced economic impact is constrained by their nascent nature, their volatility and illiquidity, and by what remain poor governance structures. Moreover, these Arab stock markets are still the realm of very large corporations: they have only began to address the needs of smaller entreprises, with venture capital and private equity funds at an embryonic stage. They also support a limited number of economic sectors, while governments and top income elites continue to dominate shareholding. They cannot and should not be relied upon to fulfil all the financing needs of the private sector. This message has been reinforced by the current world crisis, which ended the euphoric but unrealistic expectations that regional capital markets will continue to expand as rapidly as they did between 2002 and 2008.
Topic:
Markets, Foreign Direct Investment, Capitalism, Economic growth, Investment, and Corporations
Political Geography:
Middle East

236. Linking Technology Development to Enterprise Growth: Evidence from the Mozambican Manufacturing Sector

Author:
Alex Warren-Rodriguez
Publication Date:
09-2008
Content Type:
Working Paper
Institution:
School of Oriental and African Studies - University of London
Abstract:
This paper examines the relationship between firm-level technological development and enterprise performance in the Mozambican manufacturing sector. It does this on the basis of primary data collected for two industries – metalworking and light chemicals – and the triangulation of quantitative and qualitative information. Overall, the analysis presented in this paper only identifies a weak and, in some cases counterintuitive, association between levels of technological capability and innovation and enterprise performance. There are, however, some isolated exceptions to this finding, in which technology development has played a more decisive role in driving enterprise growth, such as the cluster of firms subcontracting work with the Mozal aluminium smelting plant. The case study of this cluster of firms allows the identification and illustration of conditions that might be required to facilitate a process of technology-led manufacturing growth.
Topic:
Industrial Policy, Science and Technology, Economic growth, and Innovation
Political Geography:
Africa, Mozambique, and Sub-Saharan Africa

237. China’s Premature Rise to Great Power

Author:
Liselotte Odgaard
Publication Date:
04-2007
Content Type:
Working Paper
Institution:
MIT Center for International Studies
Abstract:
China's so-called rise to great power status is usually taken for granted. Still, a convicning argument can be made that Beijing's post-Cold War grand strategy is based on fear of failure rather than management of success. China only qualifies as a great power by the skin of its teeth, if the lower limit of such status is defined as the ability to decide how to do things in either the economic, military or political sectors of the international system.1 China’s position as a political great power is largely determined by the implosion of the Soviet Union. Its ascendancy to this rank has been based on psychology in that a successor challenging U.S. pre-eminence was expected and pronounced before the fact. While Beijing has convinced the surroundings that China is a great power, it is struggling to catch up both economically and militarily with the United States. Contemporary China faces three major challenges: economically and militarily it con- tinues to lag far behind the United States, U.S. grand strategy threatens its rise, and a Chinese alternative to the liberal model of state-society relations has not been developed. Beijing’s foreign policy is therefore based on the premise of how to avoid China’s descent into the ranks of secondary powers.
Topic:
Diplomacy, Power Politics, Military Affairs, and Economic growth
Political Geography:
United States, China, Asia, and North America

238. Addressing Labour Market Duality in Korea

Author:
David Grubb and Jae-Kap Lee
Publication Date:
10-2007
Content Type:
Working Paper
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
The Korean labor market has created many jobs over the past several decades, accompanying rapid economic growth. More recently, this favorable job performance has gone hand-in-hand with a rapid increase of temporary employment and other flexible or atypical work arrangements (usually called "non-regular" work in Korea.
Topic:
Labor Issues, Employment, Economic growth, and Labor Market
Political Geography:
Asia and South Korea

239. Promoting U.S. Economic Growth and Security Through Expanding World Trade: A Call for Bold American Leadership

Author:
Research and Policy Committee of the Committee for Economic Development
Publication Date:
06-2003
Content Type:
Special Report
Institution:
The Conference Board
Abstract:
This report presents a leadership vision of a strong and open global trading system, and urges the United States and its trading partners to adopt vital policy reforms, including delinking agricultural subsidies from prices and production while opening agricultural markets everywhere, and eliminating all tariffs and non-tariff barriers in both manufacturing and services.
Topic:
Security, International Trade and Finance, Leadership, Economy, and Economic growth
Political Geography:
North America, Global Focus, and United States of America