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331. Understanding the Nature of Local-Global Interactions in Istanbul’s Retail Property Market

Author:
Fatih Eren
Publication Date:
07-2014
Content Type:
Journal Article
Journal:
The Rest: Journal of Politics and Development
Institution:
Centre for Strategic Research and Analysis (CESRAN)
Abstract:
Today, capital, people and information flows have increased more than ever before among different regions in the world. Every flow creates a different local-global interaction in its own social environment. One of social environments in which this kind of interactions occurs is property markets. There are some theories to explain the nature of local and global interactions in social sciences literature. However, the success of these theories in explaining the nature of local-global interactions in a property market became subject to a research very few. This research aims to make a contribution to this area. The study also intends to find general answers to some important questions emerge in the internationalization process of property markets. The study focuses on the three well-accepted interaction theories of social sciences, which are imperialism, globalisation and glocalisation. The validity of the assumptions of these theories in the case of Istanbul’s retail property market is questioned in this research. The emergence of social structures and the specific behaviours of these structures in local property markets may be understood better when true point of view is found out about interactions. A qualitative methodology is followed; interview and document analysis methods are used in the study. Findings show that the nature of local-global interactions experienced in Istanbul’s retail property market is very unique so it is not possible to explain t
Topic:
Globalization, Imperialism, Housing, and Retail
Political Geography:
Europe, Turkey, Asia, and Istanbul

332. Causes and Consequences of the Recent European Crisis: Can Polanyi help us understand problems of the Eurozone?

Author:
Mine Kara
Publication Date:
07-2014
Content Type:
Journal Article
Journal:
All Azimuth: A Journal of Foreign Policy and Peace
Institution:
Center for Foreign Policy and Peace Research
Abstract:
By evoking economic turmoil in Europe, the global crisis of 2007-2008 had important impacts on the economic and political integration of the European Union (EU), leading to a reassessment of the relationship between the core– periphery countries and the model of the ‘democratic European welfare state.’ Most studies that address this problem in the EU focus on the fiscal mismanagement and welfare policies of the non-core or periphery countries (i.e. Greece) as the main culprit. Unlike the mainstream ideas, this paper explains the recent European crisis as a result of the liberalization and deregulation process that started with the second globalization wave in the 1970s. This paper also questions whether the recent radical nationalist trend in the EU countries can be explained as a byproduct of the crisis, using Polanyi’s notion of “double movement”.
Topic:
Globalization, European Union, Eurozone, and Economic Crisis
Political Geography:
Europe

333. EU cooperation with non-member neighboring countries: the principle of variable geometry

Author:
Marek Dabrowski
Publication Date:
09-2014
Content Type:
Special Report
Institution:
Center for Social and Economic Research - CASE
Abstract:
In this study the author analyzes the experience of the European Union in cooperation with non-member neighboring countries, to which the EU’s integration process and institutions are both available. On the one hand, several non-member countries are interested in close cooperation or integration with the organization because of their future membership aspirations or simply because they consider the EU an important economic and political partner. On the other hand, the EU itself is also interested in building such close relations, for economic but often also for geopolitical and security reasons.
Topic:
Globalization, European Union, Trade, and Economic Integration
Political Geography:
Europe, Central Asia, Caucasus, and Eastern Europe

334. Consumer Culture: An Analysis in a Socio - Cultural and Political Frame

Author:
Fauzia Saleem Alvi, Muhammad Hafeez, and Riffat Munawar
Publication Date:
07-2014
Content Type:
Journal Article
Journal:
South Asian Studies
Institution:
Department of Political Science, University of the Punjab
Abstract:
Consumer culture, an imperative tool of globalization has influenced societies world over. The phenomenon became popularized in the beginning of twentieth century constructing the structure of ‘modern capitalism’. Today no society remains untouched from its influence. However a significant variation is seen among different regions, in absorption of ‘consumerism’ due to their specific socio-cultural and political frame. Consumer culture has dominated the West by its values of ‘materialism’ and ‘individualism’. The diverse manifestation of traditional collectivism remains a significant aspect of the South and East Asian region. Pakistani society due to its specific socio-cultural and political frame depicts similar patterns of the influence of consumer culture.
Topic:
Globalization, Culture, Consumer Behavior, Materialism, Collectivism, and Individualism
Political Geography:
Pakistan, South Asia, and East Asia

335. Globalization, Peace & Stability, Governance, and Knowledge Economy

Author:
Voxi Amavilah, Simplice A. Asongu, and Antonio Rodríguez Andrés
Publication Date:
08-2014
Content Type:
Working Paper
Institution:
Institute for Advanced Development Studies (INESAD)
Abstract:
A previous analysis of the impact of formal institutions on the knowledge economy of 22 MiddleEastern and Sub-Sahara African countries during the 1996-2010 time period concluded that formal institutions were necessary, but inadequate, determinants of the knowledge economy. To extend that study, this paper claims that globalization induces peace and stability, which affects governance and through governance the knowledge economy. The claim addresses one weakness of previous research that did not consider the effects on the knowledge economy of globalization. We model the proposition as a three-stage process in four hypotheses, and estimate each hypothesis using robust estimators that are capable of dealing with the usual statistical problems without sacrificing economic relevance and significance. The results indicate that globalization has varying effects on peace and stability, and peace and stability affect governance differently depending on what kind of globalization induces it. For instance, the effects on governance induced by globalization defined as trade are stronger than those resulting from globalization taken to be foreign direct investment. Hence, we conclude that foreign direct investment is not a powerful mechanism for stimulating and sustaining the knowledge economy in our sample of countries. However, since globalization-induced peace and stability have both positive and negative effects on governance simultaneously, we also conclude that while the prospect for knowledge economy in African countries is dim, it is still realistic and attainable as long as these countries continue to engage in the kind of globalization that does indeed induce peace and stability. We further conclude that there is a need for a sharper focus on economic and institutional governance than on general governance as one possible extension of this paper.
Topic:
Globalization, Governance, Political stability, Peace, and Knowledge Economy
Political Geography:
Middle East, Global Focus, and Sub-Saharan Africa

336. The War of Law

Author:
Jon Kyl, Douglas J. Feith, and John Fonte
Publication Date:
07-2013
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
In the era of globalization, policymakers are increasingly debating the proper role of international law, and a group of legal scholars have embraced transnationalism, the idea that growing interconnectedness should dissolve international boundaries. But that approach is at odds with basic American principles.
Topic:
Globalization, War, and Law
Political Geography:
America

337. Tax havens under attack

Author:
Ronen Palan
Publication Date:
06-2013
Content Type:
Journal Article
Institution:
Chatham House
Abstract:
Tax havens have been around for decades but they were viewed as marginal if not esoteric phenomena. Attitudes are changing. As new data on international financial flows becomes available, it is difficult to avoid the conclusion that tax havens are at the very heart of 'neoliberal' globalization, aiding and facilitating tax avoidance on a vast scale.
Topic:
Globalization
Political Geography:
United States and Caribbean

338. Indonesia Steps Up Global Health Diplomacy

Author:
Murray Hiebert
Publication Date:
07-2013
Content Type:
Working Paper
Institution:
Center for Strategic and International Studies (CSIS)
Abstract:
The year 2013 marks Indonesia's arrival on the global health diplomacy stage. In mid- June, the country's health minister became chair of the Global Fund to Fight AIDS, Tuberculosis, and Malaria. The president is cochairing a high-level panel advising the UN secretary-general on the global development agenda beyond 2015 that will report to the UN General Assembly in September. The same month Indonesia will host a conference of Asia-Pacific finance and health ministers to discuss ideas for funding universal health coverage in the countries of the region.
Topic:
Development, Globalization, Health, United Nations, and Health Care Policy
Political Geography:
Southeast Asia

339. The futile debate over a multilateral framework for investment

Author:
Axel Berger
Publication Date:
08-2013
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
One of the recurrent debates on international investment rule-making relates to the question whether it is possible to establish a multilateral framework for investment (MFI). Proponents argue that growing foreign direct investment (FDI) from emerging countries, especially China, contributes to a new consensus on global investment rules.
Topic:
Economics, Globalization, International Trade and Finance, Regional Cooperation, and Foreign Direct Investment
Political Geography:
China

340. The Geography of Inequality: Where and by How Much Has Income Distribution Changed since 1990?

Author:
Andy Sumner and Peter Edward
Publication Date:
09-2013
Content Type:
Working Paper
Institution:
Center for Global Development (CGD)
Abstract:
The interplay of between-and within-country inequality, the relative contribution of each to overall global inequality, and the implications this has for who benefits from recent global growth (and by how much), has become a significant avenue for economic research. However, drawing conclusions from the commonly used aggregate inequality indices such as the Gini and Theil makes it difficult to take a nuanced view of how global growth interacts with changing national and international inequality.
Topic:
Cold War, Development, Economics, and Globalization