Between global markets and domestic politics: Brazil's military-industrial collapse

1998 ◽  
Vol 24 (4) ◽  
pp. 499-513 ◽  
Author(s):  
KEN CONCA

Concerns about Third World military industrialization, which animate a broad range of international security debates, often take for granted the South's capacity for sustained military-industrial development. A convergence of favourable conditions spurred rapid defence-sector growth in much of the South beginning in the late 1970s. But the increasingly competitive character of the global arms economy and the turbulent political situations of most would-be military industrializers have derailed this growth. The collapse of Brazil's defence sector in the early 1990s illustrates that the largest barriers to Third World military industrialization are not financial or technological but rather institutional. Simultaneous domestic-political and global-market changes destabilized the institutional foundation of Brazilian military-industrial growth, despite the defence sector's impressive technological, industrial, and political advantages. It has proven impossible to reconcile the military's domestic political needs in post-authoritarian Brazil with the global-market integration on which the sector's financial and technological development depends.

1981 ◽  
Vol 35 (3) ◽  
pp. 407-431 ◽  
Author(s):  
Jeff Frieden

The past fifteen years have seen two important developments in the international economic system: the rapid industrialization of many less developed countries (LDCs) and their increasing indebtedness to private financial institutions. Massive bank loans have been used to fund industrial growth in many LDCs; international financial markets have replaced multinational corporations as the Third World's most important source of private foreign capital. In four major borrowing countries—Mexico, Brazil, Algeria, and South Korea—the process of indebted industrialization has its roots in the internationalization of finance, the increasing role of the state, and the use of funds raised on the international capital markets to finance industrial development. The results include rapid expansions of LDC industrial production and LDC exports of manufactured products, as well as the formation of an implicit partnership between private financial institutions and state-capitalist elites in the Third World.


2003 ◽  
Vol 57 (1) ◽  
pp. 111-136 ◽  
Author(s):  
Erik Wibbels ◽  
Moisés Arce

Most researchers interested in the relationship between global markets and public policy focus on advanced industrial democracies. In contrast, we examine competing hypotheses as to globalization's effect on governments by expanding the scope of the discussion to include developing nations. More specifically, we investigate the relationship between international market integration and the evolving burden of taxation on capital, as well as the subsequent response of markets to shifts in tax policy in Latin America since the late 1970s. Consistent with our theoretical expectations, we find that global market forces are more constraining vis-à-vis tax policy in Latin America than in the world's wealthiest nations. Despite these market-based pressures, however, national politics continue to influence tax policy in Latin America in a manner consistent with findings on advanced industrial democracies. As such, developing nations continue to have some room to manipulate policy, though within the context of a more strictly neoliberal context than their counterparts in advanced industrial democracies.


2007 ◽  
Vol 42 (1) ◽  
pp. 73-95 ◽  
Author(s):  
Dermot McCann

AbstractGlobal market integration is widely perceived as presenting a major challenge to the sustainability of many national economic regulatory systems. There is far less agreement, however, about precisely how these pressures feed into the politics of reform and reshape national public policy. This article will seek to cast light on this relationship by identifying four influential ‘models of linkage’ between global pressures and regulatory change. It will then comparatively assess their capacity to elucidate the progress of shareholder protection reform in Germany and Italy. While no single model proves fully satisfactory, it will be argued that the weaknesses of two of them can be largely overcome through a process of refinement and integration.


2019 ◽  
Vol 5 (1) ◽  
pp. 54
Author(s):  
Siti Norida Wahab ◽  
Nazura Mohamed Sayuti ◽  
Azimah Daud

The purpose of this study is to provide an understanding of the factors influencing green warehouse practices (GWP) in the Malaysian warehouse industry. Both stakeholder theory (ST) and institutional theory (IT) act as the foundation in developing the theoretical framework. Six factors were identified resulted from preliminary data gathering and an extensive literature review for constructing the model. The sample size consists of 226 respondents with the acceptance rate of 89 per cent. The findings revealed that customer demand, owner support, employee involvement, top management commitment, industry competition, and governmental pressure are positively associated with GWP. Based on the findings, warehouse companies and relevant authorities in Malaysia should focus on the importance of GWP towards becoming more competitive in the global market. The study provides a theoretical gap by proposing a valuable implication to scholars and practitioners in promoting sustainable industrial development which aligns with the government national agenda.


2019 ◽  
Vol 5 (3) ◽  
pp. 189
Author(s):  
Amado C Gequinto ◽  
Do Mads

Skills and competencies are highly regarded in todays global market. Different agencies specifically those seeking for  technologists, technicians, and engineers, have stressed out that skills and competencies as major components  for individual workers.  This aimed to determine  the relevance and appropriateness of acquired skills and competencies by industrial technology graduates, and determine the extent of use of skills and competencies in the current employment. Review of related literatures and studies have been considered in the realization, understanding, analysis, and interpretation of this research exploration. A descriptive method of research was used with 78 graduates from 2015-2016 and 117 graduates from 2016-2017, who participated in the study survey process. The BatStateU Standardized Questionnaire was used to gather data. A brief interview and talk during the visit of alumni in the university was also considered, as well as the other means of social media like email, facebook, messenger, and text messaging.   Results show that skills and competecnices acquired by industrial technology graduates are all relevant and appropriate.  The study also found that there is some to great extent use of acquired skills and competencies to their current employment. The study implies that the acquired skills and competencies from the university significantly provided the graduates the opportunities ins the national and global markets and industries.


2021 ◽  
pp. 097226292098395
Author(s):  
Manu K. S. ◽  
Surekha Nayak ◽  
Rameesha Kalra

The focus of this article is to analyse the inter-linkages between eight leading stock markets in Asian continent from the period of July 2011 to February 2018. This period holds relevance as this was the time when Recession 2.0 set in, which adversely affected the developed economies; however, the developing economies withstood the crisis without much of an impact. Co-integration and Granger causality tests were conducted to probe the inter-linkages. Study revealed a positive impact on Asian stock market indices collectively on each of the indexes. The highest number of unidirectional causalities was to KOPSI and NIFTY from rest of the stock indices. Results confirmed that no co-integration relationship existed among the selected indices indicating favourable diversification opportunities. Thus, the study fosters global market participants and policymakers to consider the nitty-gritties of stock market integration so as to benefit from international stock market diversification in the Asian region.


2020 ◽  
Vol 152 ◽  
pp. 54-63
Author(s):  
Aleksandr I. Ageev ◽  
◽  
Alexander V. Putilov ◽  
◽  

Changing the priorities of economic development in transition to post-industrial society inevitably causes reviewing approaches to the role of innovation in modern economy. If in the era of industrial development of society innovations are considered mainly as a factor of technological development, in case of a post-industrial society innovations should be considered in a broader perspective. Innovative technologies in all their diversity are being introduced not only in the technological sphere, but also in education, in the service industry, housing and communal services, life support sphere, etc. The problem of shifting regions and separate territories to innovative development approaches is one of the key issues in forming an economy based on knowledge. “Nuclear” cities, where development of nuclear technologies is implemented both for defense and civilian purposes (nuclear power plants, nuclear fuel production, etc.), can be ideally used as territories of advanced social and economic development (TASED) primarily thanks to human potential of these cities. The article analyzes recent humanitarian and technological changes, called the “humanitarian technological revolution” (HTR), and their impact on the speed and effectiveness of innovative changes in this area.


2021 ◽  
Author(s):  
Natalia Nikolaeva ◽  
Nikita Grinev ◽  
Pavel Barabanov ◽  
Elena Kulyuasova ◽  
Nikolay Kulyuasov

"The transition of Russia to sustainable economic growth is impossible without stimulating the use of the achievements of science and education, high technologies, promoting innovative activity as an essential premise for the development of social production and subjects of economic relations. For the state, the promotion of innovation is a priority in the economic policy sector, since it is the level of scientific and technological development that largely determines the long-term strategic advantages of the country, and the prospects for the development of the state largely dependent on the level of innovation development. For a long time, the Ministry of Economic Development of the Russian Federation has been implementing the Strategy for Innovative Development of the Russian Federation. It includes 20 key steps and is developed based on the provisions of the concept of long-term development of the Russian Federation. The main results should have been, firstly, an increase in spending on science and innovation, and secondly, an increase in the share of industrial enterprises that introduce innovations in production. It was assumed that their share will increase by 4-5 times by 2020, compared with 2010 year. Not everything has been achieved, and there is a lot to strive for. This study is devoted to the driver of scientific and technological progress - the chemical complex of Russia. The chemical complex plays a significant role in the implementation of the most important socio-economic programs of the country. The study is devoted to the consideration of the most important prospects and key alternatives for the development of the chemical industry related to different areas of innovation. Conclusions will be made on key technologies and products that can change the position of the chemical industry in the global market."


2017 ◽  
Author(s):  
Amir Akbari ◽  
Francesca Carrieri ◽  
Aytek Malkhozov

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