Regulating the Terminal Economy: Difference, disruption, and governance in a Papuan commercial hub

2019 ◽  
Vol 53 (3) ◽  
pp. 904-942 ◽  
Author(s):  
JACOB NERENBERG

AbstractWhat kinds of governance agendas emerge at frontiers of commercial expansion, where routine economic relations traverse differences of ethnicity and degrees of formality? In the Balim Valley in the highlands of Indonesia's easternmost Papua province, mobilities and trade intersect at adjoining peri-urban markets and minivan terminals. The ‘terminal economy’ at the edges of Wamena, the region's bustling hub, is a threshold between rural and urban life, where indigenous livelihoods are subordinated to Indonesia's expanding commercial networks. Here, a cosmopolitan population—including indigenous Papuan highlanders and newcomer merchants from distant Indonesian regions—gathers to buy and sell local horticultural produce and imported commodities, transit between modes of transportation, and engage in a variety of formal and informal economic activities. This article traces the emergence of a multifaceted commercial regulation agenda, in the wake of demands for the recognition of indigenous contributions to the regional economy. It considers recent indigenous-formulated regulation policies in the context of the region's commercial history, one that is marked by a colonial devaluation of indigenous economic life and, more recently, by uprisings, inter-ethnic tensions, and government attempts to control and contain informal vending. The article conceptualizes commercial regulation as a convergence between efforts to contain disruption and demands for the revaluation of marginalized economic practices. It argues that commercial regulation is especially salient in regions that have been relegated to an end-point position in national and global commodity distribution paths.

Author(s):  
Oleksandr Dziubliuk

The article highlights the need to thoroughly study the issue of money as an economic concept, which enables the shaping of an adequate idea of the complex system of economic relations and implementing policies for the state’s influence upon the market economy through institutions of the credit system. The paper provides a critical analysis of the theoretical and methodological approaches to the issue of money, which view the phenomenon through external forms of manifestation or functionality. Some competitive approaches applied for under- standing the issue of money are critically considered. It is concluded that they define money depending on its material nature, particularly commodity or non-commodity nature. It is stressed that money represents the very possibility of economic life of the society and serves as a basis for continuous and permanent economic activities of people. In this regard, there are attributes according to which money should be seen as a social phenomenon, which supports institutional sustainability of economic life and provides social connections in the reproduction process, and thus ensuring its continuity. It is justified that the most appropriate way to define the essence of money is through the concept of overall equivalent, or a measure of value of all goods and services. This reflects the correlation of all goods and money, a universal measure of value, and therefore makes goods suitable for exchange. It is emphasized that money, being necessary for everyone as an equivalent, can be considered as a specific economic good which is able to definitely and freely be accepted as payment for all goods and services and measurement of their value. Such theoretical and methodological approach implies that in order to determine the essence of money, it is necessary to specify its particular attribute that allows money to perform all their functions. The circumstances under which the essence of modern money reflects the process of transforming money from a product of commodity exchange into a completely independent economic phenomenon are defined. Thus, money is able to influence both the production of goods and their exchange, indicating the role of money as a driver of human civilization.


Urban Studies ◽  
2018 ◽  
Vol 55 (15) ◽  
pp. 3353-3368 ◽  
Author(s):  
Mara Ferreri ◽  
Romola Sanyal

The ‘sharing economy’ has become a new buzzword in urban life as digital technology companies set up online platforms to link together people and un- or underutilised assets with those seeking to rent them for short periods of time. While cloaked under the rhetoric of ‘sharing’, the exchanges they foster are usually profit-driven. These economic activities are having profound impacts on urban environments as they disrupt traditional forms of hospitality, transport, service industry and housing. While critical debates have focused on the challenges that sharing economy activities bring to existing labour and economic practices, it is necessary to acknowledge that they also have increasingly significant impacts on planning policy and urban governance. Using the case of Airbnb in London, this article looks at how these sharing or platform economy companies are involved in encouraging governments to change existing regulations, in this case by deregulating short-term letting. This has important implications for planning enforcement. We examine how the challenges around obtaining data to enforce new regulations are being addressed by local councils who struggle to balance corporate interests with public good. Finally, we address proposals for using algorithms and big data as means of urban governance and argue that the schism between regulation and enforcement is opening up new digitally mediated spaces of informal practices in cities.


2016 ◽  
Vol 10 (3) ◽  
pp. 91-98 ◽  
Author(s):  
Мария Дьяконова ◽  
Mariya Dyakonova ◽  
Светлана Степанова ◽  
Svetlana Stepanova

In the territory of the Republic of Karelia now live three aboriginal people – karelians, russian, vepsians, who created unique and original culture. Residing of ethnic groups – territorially-localised historically developed on the basis of eco- nomic way of ethnos rural settlements that are characterized by domination of traditional forms of economic activities, use of handicraft crafts, cottage industry. Problems of the labour market and the youth’s position in it are especially acute in rural areas due to reforms and changes in the system of economic relations in the agrarian and forest sectors, and local administration. Difficulties of life in coun- tryside influence on the vital self-determination of youth, promoting strengthening of youth migration in the central part of Republic of Karelia and the Russian Federation. In this connection one of the actual questions is the perspectives of rural settlements development, labour potential of which is a basis of economic life, and self-development of territories. Tourism now appears as one of promising lines for regional development in the Republic of Karelia, which can mitigate social problems, and act as a factor for conservation and reproduction of the natural, historical and cultural potential of the territory. One of promising directions of rural tourism growth is development of the ethnographic tourism based on visiting ethnographic sites for the purpose of knowledge of traditional folklife culture: traditions, culture and a life of the people, the ethnos living on the certain territory. Full-fledged development of the tourism business is only possible if the youth are involved in this sphere of economic activity, recognize its importance, and perceive it as a resource for their life strategy. The work was executed under government order «The role of human capital in a dilemma: the new economic theories – modern challenges».


2020 ◽  
Vol 26 (3) ◽  
pp. 499-507
Author(s):  
P.A. Levchaev ◽  
B. Khezazna

Subject. The article investigates the specifics of strategic financial planning of enterprise operations in conditions of digitalization processes, as well as the introduction of advanced technologies in all spheres of social and economic life. It determines unique opportunities for company development in the international market. Objectives. The study aims at reviewing a set of economic relations and problems emerging in the process of strategic financial planning of enterprise performance in the digital economy, and developing recommendations to improve the financial strategic planning of economic entities. Methods. We employ methods of economic analysis and synthesis, and comparison. The paper rests on works by academic economists on the problems of finance, financial management, and planning. Results. We investigated the most important features and problems of strategic financial planning of enterprises in the digital economy, and how the digital era increases the level of competition of participants for economic dominance. Identified features of financial strategic planning of the corporation's activities in the digital economy are recommended for use in the corporate management system of an industrial enterprise. Conclusions. Improving the strategic management process is a stage of transformations in the digital economy. Enterprises create new priorities through using management models. At the same time, the role of fixed assets is reduced, and intangible assets and information accelerate the business. The effectiveness of company operations is often determined by the availability of accurate and timely information that reflects the necessary aspects of financial and economic practice.


2018 ◽  
Vol 11 (4) ◽  
pp. 102-110
Author(s):  
N. P. Molchanova

The paper deals with the methodology and practice of the state regulation of the regional economy based on the legislative framework and works of Russian scientists in the historical context with account for the specifics of the current period of market transformation. The subject of research is organizational and economic relations, aimed at improving the management efficiency of regional socio-economic development. The purpose of research was to identify the key problems of the regional economy regulation preventing the balanced functioning of administrative-territorial entities and substantiate the need to boost measures of state support. Based on the dialectical cognition method and the system approach, the positions of leading scientists and scientific schools on topical issues of the regional economy as a scientific discipline were analyzed, which made it possible to identify the main reasons hampering socio-economic transformations and justify measures for running a more active regional policy. It is concluded that consistent improvement of methodological and organizational approaches creates prerequisites for improving the results of the socio-economic development at the regional level; however, in the current situation of the macroeconomic instability serious problems may arise to be resolved primarily by the state regulation.


2016 ◽  
Vol 38 (2) ◽  
pp. 145-152
Author(s):  
Carolyn J. Sharp

Biblical narratives about ostensibly “local” barter (Abraham’s purchase of the cave at Machpelah), protection of battle spoils (Achan’s theft and subsequent execution), and commodification of labor and bodies (Ruth gleaning for hours and offering herself to Boaz) reveal much about ideologies of economic control operative in ancient Israel. The materialist analysis of Roland Boer provides a richly detailed study of Israelite agrarian and tributary practices, offering a salutary corrective to naïve views of Israelite economic relations. Highlighting labor as the most ruthlessly exploited resource in the ancient Near East, Boer examines the class-specific benefits and sustained violence of economic formations from kinship-household relations to militarized extraction. Boer’s erudite study will compel readers to look afresh at the subjugation of the poor and plundering of the powerless as constitutive features of diverse economic practices throughout the history of ancient Israel.


2021 ◽  
Vol 27 (6) ◽  
pp. 1312-1333
Author(s):  
Zarina G. ABAKAROVA ◽  
Patimat G. ISAEVА

Subject. We consider the economic relations that arise in the process of formation and implementation of the regional tax policy. Objectives. The purpose is to analyze the regional tax policy considering the Republic of Dagestan as a case study. Methods. The study employs methods of statistical, economic and mathematical, and systems analysis. Results. We propose measures that may be implemented in the system of tax policy of the Republic of Dagestan and contribute to its improvement in conditions of financial instability. Nevertheless, these proposals require further attention, a deeper level of design and development of testing scheme. They may also be used to study the tax policy of the region. Conclusions. The comprehensive analysis shows that the tax policy and other approaches to the regulation of the economic life of the country have advantages and disadvantages. It is obvious that the application of these tools may have a positive impact on the economy.


2021 ◽  
Vol 296 (4) ◽  
pp. 14-20
Author(s):  
AnnА KOZACHENKO ◽  

The article highlights the views of scientists on the allocation of periods (stages) in the history of internal control, which differ in the following features: the emergence and development of socio – economic relations that existed at different times; diversification of objects and subjects of control; complicating the tasks of control over the different levels of development of productive forces and equipment of each society; specific methodological techniques. Thus, the first manifestations of control are observed during the period of primitive communal system. The period of slavery is considered the stage of the emergence of internal control. Characteristic of this period was physical coercion to work. In the period of the feudal system, the peculiarities of the development of socio-economic formation of European states are the distinction between external and internal audit, and accounting registers to reflect the facts of economic life, which served for entries in the accounts of the General Ledger. In addition, control activities were manifested in the movement of credit and settlement transactions between buyers, in settlements between buyers and banks, in production processes and private ownership of the means of production. The capitalist system of production did not require many special control bodies, and its functions were carried out directly by the owners of the means of production. The basis of capitalism was the private property of the bourgeoisie on the means of production, but not on the worker, who at that time received more freedom. It was during the communist formation that thorough work was carried out on the methodological support of internal economic control, but its active development began after the declaration of independence of Ukraine, by borrowing the foundations in foreign countries. Thus, the periodization presented in the article helps to trace the historical aspect of the development and formation of internal control as a control system as a whole, in a certain period of time in which.


1999 ◽  
Vol 28 (3) ◽  
pp. 64-82 ◽  
Author(s):  
Sara Roy

The years since the Oslo agreement have seen a marked deterioration in Palestinian economic life and an accelerated de-development process. The key features of this process have been heightened by the effects of closure, the defining economic feature of the post-Oslo period. Among its results are enclavization, seen in the physical separation of the West Bank and Gaza; the weakening of economic relations between the Palestinian and Israeli economies; and growing divisions within the Palestinian labor market, with the related, emerging pattern of economic autarky. In the circumstances described, the prospects for sustained economic development are nonexistent and will remain so as long as closure continues.


2021 ◽  
Vol 11/1 (-) ◽  
pp. 27-30
Author(s):  
Nina OVSIUK ◽  
Zhanna SHALIIEVSKA ◽  
Kateryna HULKO

The essence of effective management of each business entity depends primarily on transparency and disclosure of information about its financial and economic activities. The financial report itself covers all important information about the state of the enterprise and provides an opportunity to obtain financial status with it by the interested user for further analysis and decision-making on further activities. As a rule, investors of creditors, state bodies, representatives who are preparing in construction with the business entity are interested in financial reporting. In order to provide more detailed and informative financial reporting to users, it is necessary to compile it with international standards, which act as tools for globalization of the economy and contribute to the development of global economic relations. During 2020–2021, the activities of enterprises took place in extremely difficult conditions, which is why the pandemic significantly affected the financial reporting indicators. Today, there is an appropriate use of intelligent technology and computer technology in the formation of financial statements. Financial statements based on taxonomies of financial statements for IFRS are prepared and presented in a single electronic format using Extensible Business Reporting Language (XBRL). XBRL is a generally accepted international standard for presenting financial statements in accordance with IFRS in electronic form. With the help of IFRS, Ukrainian companies have more effectively solved the following tasks: attracting investments and loans from the world's largest companies and banks, the ability to service financing from foreign banks and other organizations; placement of shares on international stock exchanges; providing the company's management with reliable information for making management decisions, as well as evaluating their adoption. Thus, today the economy of Ukraine depends on the choice of IFRS as a conceptual basis for accounting and its practical implementation. After all, the financial statements are fully open to internal and external users to make informed management decisions regarding cooperation with the relevant entity.


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