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| 1 |
ID:
135051
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| Summary/Abstract |
The reappearance of substantial debt in China after 2008 has refocused attention on the sustainability of the existing financial ‘model’. It’s not just that ‘traditional’ forms of bank-centred debt have re-emerged, but that the informal ‘shadow banking’ sector also seems increasingly fragile, generating debts that do not seem easy to repay. Explanations for the current situation focus on the way in which China responded to the global financial crisis, and on the incentives that exist to go outside the formal and more regulated banking system into often riskier activities. But there are more fundamental structural issues. The current financial system contains within it some of the dna of its predecessor, while the spatial distribution of power and authority is inextricably linked to the way the financial system functions. While it might be possible to tinker with some elements of current financial problems, the relationship between local government financing, land, the banking system and key economic sectors makes it difficult to resolve more structural issues without taking a holistic approach; one that would have fundamental consequences for the nature of the Chinese state, and the distribution of power within it.
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| 2 |
ID:
016016
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| Publication |
Oct 1992.
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| Description |
188-192
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| 3 |
ID:
015872
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| Publication |
Oct 1992.
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| Description |
179-182
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| 4 |
ID:
135043
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| Summary/Abstract |
The literature on South–South Development Cooperation (ssdc) has grown exponentially in the past few years. One focus of analysis has been how domestic institutions and agendas shape the approaches to development cooperation of different Southern partners. However, few analysts to date have commented on how the ‘ordinary’ general public of these countries might perceive or assess their country’s role in international development. Through a study based on interviews and media analysis, this paper attempts to tease out the slim evidence currently available on ‘public’ attitudes in India, concentrating, for reasons explained, exclusively on elites and ‘middle classes’. It argues that, while some domestic criticism will certainly accompany the growing visibility of Indian development cooperation, the attractive blend of discursive positioning and material benefits may provide the Indian government with broad support for its growing investment and profile in international development, or at least offset a degree of criticism. At present there appears to be little public discussion about whether and how India’s external role relates to domestic poverty, or the nature of growth and ‘development’ that India is helping to stimulate in partner countries. The paper also discusses ‘boundary making’ with China through the public construction of Indian development cooperation.
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| 5 |
ID:
016029
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| Publication |
Oct 1992.
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| Description |
183-187
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| 6 |
ID:
135047
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| Summary/Abstract |
Conflict over African land – between smallholders and large industrial farmers and between domestic farmers and global agribusinesses – raises key questions about who will make the best use of African land and which farmers do most to decrease poverty and produce more food, industrial inputs and exports. Zimbabwe has already gone through two major changes in land occupation, and thus provides an important test of what is the ‘best’ use of the land. Three measures of ‘best’ use have been cited in Zimbabwe: reward for military victory, poverty reduction and agricultural production. Initial evidence indicates that commercial smallholder production is a better use of the land than larger, more mechanised farming.
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