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Private Capital (private + capital)

Distribution by Scientific Domains
Humanities and Social Sciences66%
Business, Economics, Finance and Accounting33%

Selected Abstracts

Corporate Governance: And the Bargaining Power of Developing Countries to Attract Foreign Investment

CORPORATE GOVERNANCE, Issue 2 2000
Enrique Rueda-Sabater
Following the rapid growth of foreign investment flows in the 1980s and 1990s some countries that had been dependent on official aid are now (even after the recent financial crises) obtaining most of their external financing from private sources. But low-income countries still receive little private capital flows. Arguing that corporate governance, broadly defined to include many business practices, is an important determinant of inward foreign investment this paper explores links between corporate Governance: And the ability of developing countries to attract foreign investment. It raises policy questions for developing countries and points to the need for complementary actions by government, businesses associations and institutional investors to promote corporate governance improvements. [source]

Can Remittances Spur Development?

INTERNATIONAL STUDIES REVIEW, Issue 1 2006
A Critical Survey
The increasing volume of global remittances has impressed policymakers and social scientists alike. Besides outpacing official development assistance and private capital flows, remittances have proven markedly stable and counter-cyclical. They represent an essential nondebt creating, safety-net vehicle administered by extended families and local communities rather than provincial and national governments. This essay surveys the recent pattern of remittances and critically examines the theoretical and empirical literature on their determinants and welfare impact. The argument is made that the developmental contribution of remittances can be significantly enhanced through complementary macroeconomic policies in labor exporting countries and financial innovations in remittance transmission. Enhanced policy coordination on temporary transnational worker migration,as facilitated by Mode 4 of the General Agreement on Trade in Services,can prove instrumental in helping remittances offset the traditional brain drain besetting developing economies. [source]

Is Oligopoly a Condition of Successful Privatization?

JOURNAL OF AGRARIAN CHANGE, Issue 2 2002
The Case of Cotton in Zimbabwe
Zimbabwe embarked on market liberalization in the early 1990s, leading towards increasing participation of private capital in the agricultural sector. This paper examines the emergent shape of the private marketing chain for cotton in Zimbabwe, based on fieldwork conducted in the 1999-2001 cotton marketing seasons. The privatization of the cotton marketing board replaced state monopoly with private oligopoly and competition is still seriously underdeveloped, especially on price. However, because of a concentrated market and collective private action, important aspects of earlier systems of coordination have been maintained, preventing downgrading of Zimbabwean cotton lint after liberalization. The paper concludes with a discussion about (absence of) competition and commodity system sustainability in liberalized markets. [source]

Infrastructure Investment and Maintenance Expenditure: Optimal Allocation Rules in a Growing Economy

JOURNAL OF PUBLIC ECONOMIC THEORY, Issue 2 2009
PIERRE-RICHARD AGÉNOR
This paper studies the allocation of public expenditure between infrastructure investment and maintenance in an endogenous growth framework. In the basic model, maintenance spending affects both the durability and efficiency of public capital. The balanced growth path is derived and transitional dynamics associated with a revenue-neutral increase in expenditure on maintenance are analyzed. The model is then extended to account for the possibility that public spending on maintenance affects also the durability of private capital. The growth-maximizing tax rate and share of infrastructure investment are calculated in both cases. First- and second-best welfare-maximizing solutions are also discussed. [source]

A Partial View of Contemporary Anthropology

AMERICAN ANTHROPOLOGIST, Issue 3 2004
DON BRENNEIS
This address considers ethnographically a range of sites and practices central to sustaining the intellectual, pedagogical, professional, and public life of anthropology and related disciplines: research funding, human subjects review, scholarly publishing, program and personnel assessment, and intellectual property among them. The talk points to current practices of knowledge production and circulation in the United States and to the increasingly complex intersections among scholarly knowledge, managerialist language and practice, and private capital, intellectual and otherwise. It is meant to encourage serious ethnographic examination of the contexts within which anthropologists work, consideration of the potential consequences of these contemporary changes, and creative thought about the kinds of collegial and collective action that might be pursued to help sustain what we find to be of real value in the discipline and in our professional practice. [source]

Home and Away: The Grounding of New Football Teams in Perth, Western Australia

THE AUSTRALIAN JOURNAL OF ANTHROPOLOGY, Issue 3 2002
Roy Jones
Metropolitan sporting, and particularly football, competitions were established in all of Australia's colonial state capital cities about a century ago. Typically, they were comprised of teams from and were supported by the inhabitants of working-class, inner suburbs. These competitions were the primary foci of Australians' sporting interest and loyalty for almost a century. But, with the shift of public attention and private capital to national competitions, the former stadia of many local clubs have become redundant spaces in what are now gentrifying inner suburbs. Simultaneously new, and even old, national league teams have sought larger, more modern (near) city centre venues for their operations. In this context, two new national league teams in Perth,Fremantle Dockers and Perth Glory,have experienced considerable challenges in establishing both physical ,homes' and local identities. These have included both the supplanting of traditional local clubs and the placating of new kinds of inner suburban residents. [source]