Girls’ access to education in China: actors, cultures and the windmill of development management

The world has a mixed record towards achieving EFA and the MDGs in relation to the targets on gender equity in basic education. For researchers and practitioners, this raises the question of which factors influence the processes leading to the improvement of access and quality of girls’ education and how. This case study from China examines the human and cultural dimensions of project management in determining the planning, implementation and evaluation of interventions designed to improve gender equity. The monograph combines concepts from the actor-oriented approach of development studies, with theories of culture and development management. It generates an analytical framework composed of two super ordinate ‘cultural landscapes’. One is the ‘relational’ landscape with its dimensions of power distance, masculinity-femininity, and collectivism-individualism. The other is the ‘time-orientation’ landscape with its dimensions of uncertainty avoidance and universalism-particularism. The ‘cultural landscapes’ and dimensions provide a powerful description of how the perceptions and strategies of interaction vary and change between and within individual actors. The monograph illustrates how managers act as innovators with varied perceptions and interaction strategies influenced by multiple levels of culture, social and political contexts. Using the metaphor of a windmill, the monograph suggests that project management moves beyond the linear cyclical logic presented in many of the planning texts and manuals of development agencies. The steps and stages of development management are the windmill’s blades. The cultural interactions between actors form the wind that gives the blades energy and speed. The blades run both synchronically and sequentially depending on the wind strength. The monograph recommends that development managers should move beyond superficial concerns for outputs and products to a deeper concern for human and cultural processes that lead to results for achieving EFA and the MDGs

Rational Speculative Bubbles in the US Stock Market and Political Cycles

This paper tests the existence of rational speculative bubbles during Democratic and Republican presidential terms, which has not been systematically researched in existing studies. With monthly real returns on equally-weighted and value-weighted portfolios in the U.S. from January 1927 to December 2012, we find that there are rational speculative bubbles under Republican Presidents but not under Democratic Presidents. Our results are robust to different specifications

Effects of Foreign Direct Investment on Firm-level Technical Efficiency: Stochastic Frontier Model Evidence from Chinese Manufacturing Firms

It has been recognized that multinational corporations can spill over to non-affiliated firms in host economies. Existing studies of foreign direct investment (FDI) and productivity growth often assume firms are perfectly efficient. Our paper relaxes this assumption and explores how FDI affects a firm’s technical efficiency improvement as well as its technical progress in a stochastic frontier model. The stochastic frontier model estimates a firm’s production frontier given a set of production inputs. The deviation of a firm’s actual output level from its maximum level of output is defined as technical inefficiency. Using data from more than 12,000 Chinese manufacturing firms, we find that FDI in a firm\u27s own industry (horizontal FDI) does not necessarily improve the firm’s technical efficiency. However, firms with a larger absorptive capacity tend to benefit more from horizontal FDI than others. We also find that foreign presence in a firm’s downstream industries helps improve the firm’s technical efficiency, while foreign presence in upstream industries does not. In addition, a generalized Malmquist index decomposition shows that foreign affiliates achieve a higher productivity growth than domestic firms mainly through a faster improvement in technical efficiency rather than through technical progress

(WP 2004-01) Inappropriate Pooling of Wealthy and Poor Countries in Empirical FDI Studies

This paper examines the question of whether less-developed countries\u27 (LDCs\u27) experiences with foreign direct investment (FDI) systematically different from those of developed countries (DCs). We do this by examining three types of empirical FDI studies that typically do not distinguish between LDCs and DCs in their analysis. First, we find that the underlying factors that determine the location of FDI activity across countries vary systematically across LDCs and DCs in a way that is not captured by current empirical models of FDI. Second, the effect of FDI on economic growth is one that is only supported for LDCs in the aggregate data, not DCs. Third, the evidence suggests that FDI is much less likely to crowd out (more likely to crowd in) domestic investment for LDCs than DCs

Polystyrene Nanocomposites Based on Quinolinium and Pyridinium Surfactants

In this paper pyridine and quinoline-containing salts were employed to modify montmorillonite. TGA analysis shows that the quinolinium modified clay has a higher thermal stability than the pyridinium modified clay. Polystyrene nanocomposites were prepared by in situ bulk polymerisation and direct melt blending using both clays. The X-ray diffraction and transmission electron microscopy results show the formation of intercalated structures. The 50% degradation temperature of the nanocomposites is increased and so is the amount of char from TGA analysis compared to the virgin polymer. Cone calorimetric results indicate that clay reduces the peak heat release rate and average mass loss rate and thus lowers the flammability of the polymer

Information Diffusion in a Cobweb World

Based on an assumption of one-way learning, Granato and Wong (2004) consider a framework with two groups of agents, Group L and Group H, where Group L is less attentive and uses the expectations of the more or highly attentive Group H to update their forecasts. The paper shows the boomerang effect, which is defined as a situation where the inaccurate forecasts of a less attentive group confound a more attentive group\u27s forecasts. This extended paper relaxes the one-way learning assumption and investigates the case that both groups are learning from each other, i.e., dual learning. Simulations suggest that a boomerang effect still exists. Surprisingly, although the highly attentive group has a full set of information to make forecasts, they still learn from Group L. The reason is that Group H adjusts their forecasts because there is available information in Group L\u27s forecast measurement error

Inward FDI, Remittances, and Out-migration

In this study, we look at the relationship between remittances received at home, inward Foreign Direct Investment (FDI) and out-migration of individuals with different levels of education. Using the bilateral international migration data in 1990 and 2000, we find that inward FDI tends to deter the out-migration of individuals with secondary and tertiary education, but has no significant impact on the out-migration of individuals with primary education. In addition, remittances received at home induce the out-migration of individuals with primary education, but not the out-migration of individuals with secondary and tertiary education. The stock of existing migrants in a foreign country encourage future out-migration regardless of migrants’ levels of education

Teva v. EISAI: What\u27s the Real Controversy

This Note examines the changing role of declaratory judgment actions in challenging patents upon generic entry and evaluates alternative regulatory schemes to the FDA\u27s current system of patent enforcement in the drug approval setting. Part I reviews the Federal Circuit\u27s recent decisions regarding generic drug entry, focusing on how the courts justify declaratory judgments in the current system and when a controversy exists to create Article III jurisdiction. Part II examines the complex system of regulating generic drug entry and how attempts to stop the exploitation of loopholes have resulted in a patchwork of regulation by various parties. It challenges the current regulatory scheme with alternative regulatory mechanisms of discretion by courts, litigation by subsequent-filers, legislative changes by Congress, and antitrust policing by the FTC. Part III hypothesizes that a likely increase in litigation will force courts to become more active in the regulation of patent rights in relation to generic drug entry, especially in light of the recently liberalized standing requirements, and draws attention to the competing goals of the Hatch-Waxman Act that courts must remember to balance

Individual Attitudes toward the Impact of Multinational Corporations on Domestic Businesses: How Important are Individual Characteristics and Country-Level Traits?

We study the importance of individual characteristics and national factors influencing individual attitudes towards the impact of multinational corporations on local businesses. Our sample includes more than 40 000 respondents in 29 countries from the 2003 National Identity Survey conducted by the International Social Survey Programme. We find that individual demographic factors and socioeconomic status, such as gender, age, income and education, are strong predictors of their attitudes. For example, income and education are positively associated with favourable attitudes towards the impact of multinational corporations (MNCs) on local businesses while age is negatively associated with individual attitudes towards MNCs. In addition, hierarchical ordered logit model results show that approximately 8% of total variations in individual attitudes around our sample mean are not explained by differences in personal traits. Instead, they are due to country-level heterogeneity such as, but not limited to, different degrees of openness or different aggregate income

Hong Kong’s Extradition Bill: Implications & Ramifications

Since June 2019, millions of people in Hong Kong protested against the proposed extradition bill, which would permit the HKSAR government to extradite anyone residing, visiting, or passing through Hong Kong to mainland China with which it has no formal extradition agreement with. This Note will argue that the proposed extradition bill not only created a legal loophole in the existing system by removing legislative scrutiny and judicial oversight, but also violated international human rights law in light of mainland China’s record of serious human rights violation. Instead, the HKSAR and PRC governments should cooperate to create an impartial special court to resolve extradition disputes and deal with extradition requests. To ensure fair trials and judicial transparency, the special court should be composed of distinguished foreign and domestic judges voted in by the general public. Decisions by the court should be published online and made available for public viewing