Financialising farming as a moral imperative? Renegotiating the legitimacy of land investments in Australia

2017 ◽  
Vol 50 (3) ◽  
pp. 549-568 ◽  
Author(s):  
Sarah Ruth Sippel

This paper investigates the debate about foreign investment in Australian farmland. Employing a moral perspective, it is argued that the apparent tensions over foreign land investments in recent years can be interpreted as a renegotiation of the legitimate grounds upon which farmland investments should take place. The analysis shows that elements of worth are being applied to farmland that go beyond the ‘pure’ treatment of land according to market principles. Most notably, national references, together with concerns about control over strategic resources and the involvement of foreign sovereign entities, have gained prominence. Reacting to these concerns, the investment of domestic superannuation capital has emerged as a moral imperative to keep farmland in ‘national hands’. The paper thus stresses the need for a more nuanced differentiation between different kinds of ‘capital’ and particularly the way they are morally evaluated. The paper furthermore reveals that the linkages between capital and ‘nature’ are not forged in a random or arbitrary way. They are crucially shaped by the societal understanding of the legitimacy of certain kinds of capital and their associated motives and intentions as part of the broader understanding about the rules and principles that should govern economic activities.

This volume asks a question that is deceptive in its simplicity: Could international law have been otherwise? In other words, what were the past possibilities, if any, for a different law? The search for contingency in international law is often motivated, including in the present volume, by the refusal to accept the present state of affairs and by the hope that recovering possibilities of the past will facilitate a different future. The volume situates the search for contingency theoretically and within many fields of international law, such as human rights and armed conflict, migrants and refugees, the sea and natural resources, and foreign investment and trade. Today there is hardly a serious account that would consider the path of international law to be necessary and that would deny the possibility of a different law altogether. At the same time, however, behind every possibility of the past stands a reason – or reasons – why the law developed as it did. Those who embark in search of contingency soon encounter tensions when they want to recover past possibilities without downplaying patterns of determination and domination. Nevertheless, while warring critical sensibilities may point in different directions, only a keen sense of why things turned out the way they did makes it possible to argue about how they could plausibly have turned out differently.


Author(s):  
Taey Iohe

This chapter presents a philosophical journey and practical piece of experimentation on spatiality, virtuality and displacement. A series of art practices using photography, installation and art writing form the trajectory for a sequence of conceptual maps. The discussion engages with spacing and displacing as an artistic enquiry on space. The chapter consists of an examination of the typology and meaning of displacement in its translation from Korean, and a discussion of the formation of a gendered and artistically constructed displacement by extending the scope of the theory to the displacement of women in a colonial situation. This chapter explores the way in which displaced women (in the very particular case of Korean “comfort women” during the colonial war with Japan, and through the case of the artist, Hyeseok Na) cannot belong in either their home or a foreign land. Virtual-ness, here, is approached with an artistic understanding, and is found to constitute an unreal living space rather than merely a virtual environment through technology.


2020 ◽  
Vol 64 (3) ◽  
pp. 399-424
Author(s):  
Samuel E Ojogbo ◽  
Nwanneka V Ezechukwu

AbstractForeign investment is a major source of the capital that Nigeria and other developing markets need to promote economic activities and drive economic development. While profit mainly drives the decision to invest abroad, such decisions are also influenced by the safety of any actual investments made. Thus, investors are interested in the laws and regulations that offer them protection against corporate insider opportunism. In Nigeria, the relationship between corporate actors is mainly regulated by the Companies and Allied Matters Act (CAMA). This article investigates the corporate legal and regulatory protection for corporate shareholders in Nigeria and the UK. Comparing the corporate regulatory regime in the two jurisdictions, this article argues that the identified weaknesses in the Nigerian regulatory framework negatively impact the growth of foreign investment in the country. In view of these weaknesses, the article suggests a major review of CAMA and other regulatory instruments with a view to addressing the protection of small investors and “outsiders”, such as foreign investors.


1996 ◽  
Vol 8 (1) ◽  
pp. 31-48
Author(s):  
Stephen H. Wirls ◽  

This essay explores the relationship between moral community and the principles and practices of liberal individualism. Insofar as these principles afford the widest latitude to the individual's judgment concerning the government of his life, they have contributed to a decay in the rigor and authority of moral and civic codes. Moreover, they and the way of life they foster seem to militate against any political or social solutions to problems of morality and civility, reflecting a disparity between liberal regime principles and the moral preconditions of a decent society. A moral revival may thus have to be founded on the recognition that healthy liberal democracies require policies and practices in tension with liberal principles.


Author(s):  
Barlu Dumbuya ◽  
Niru Nirupama

Purpose This paper aims to analyse the case of Sierra Leone from the lens of economic impact and underlying causes for concern towards economic sustainability in a post-Ebola recovery phase. Design/methodology/approach Content analysis of literature from various sources, including public and private sectors, non-governmental organisations, multilateral agencies, peer reviewed scholarly articles and media reports was carried out. A total of 77 articles were reviewed. Each document from each source types was then examined for recurring themes that would enhance understanding on the topic addressed here. The NVivo qualitative analysis software was used for coding and extracting of themes from these articles using certain keywords and phrases that relate to the study objectives. Findings The Ebola outbreak in Sierra Leone caused impairment of exports and the capacity to raise revenue via taxes due to significant slump in economic activities. The post-conflict strategy to increase foreign investment had kick-started a gradual recovery, but the Ebola crisis threatened further gains. The crisis also highlighted that the country’s economy depended on foreign investment in a single key sector of iron ore for which global prices fell during Ebola significantly. Although socio-economic impacts of Ebola will linger for some time and health system would have to be vitalised, a sense of optimism was found in many documents. Originality/value The research approach is new and comprehensive in that it looks at post-conflict Sierra Leone in combination with ongoing biophysical and hydrometeorological hazards, and how the Ebola outbreak became completely devastating for the country’s economic sustainability.


2021 ◽  
Vol 3 (1) ◽  
pp. 349-360
Author(s):  
Bouchra ZELACI ◽  

Longer investment is one of the most important international sources for financing and developing economic activities, and this is why international interest in it has increased, especially kamame countries, including the Arab ones, and Algeria is among these countries that have gone through a series of reforms in light of the sluggish economy, fed up with legal reforms, the most recent of which was Law N°09/16 of 2016 related to investment promotion, and Law n°08/09 of 2008 related to civil and administrative procedures, these laws in which the Algerian legislator has devoted the space for international or international commercial arbitration as an alternative and subversive choice for resolving investment contract disputes, as it is a protective guarantee that the foreign investor can reassure in the state Algerian host of his capital. This is the guarantee that Algeria has made in its international agreements, even if that is at the expense of the national judiciary that has the primary competence to resolve such disputes, and the breach of balance between the interest of the state and the desire of the foreign investor to use it for arbitration.


2012 ◽  
Vol 8 (1) ◽  
Author(s):  
Muhammad Shulthoni ◽  
. Misbakhudin ◽  
. Nalim ◽  
Dewi Puspitasari

To obtain a comprehensive study, I will see the Sufi order’s wisdoms implemented by the adherents of Qadiriyyah Naqshbandiyyah order of Pekalongan – by using Weber’s theory the spirit of capitalism – in order to achieve their economic activities. In addition, how the Islamic teachings (tarekat ethics) are transforming their business. In an attempt to bring to the surface of the ethics in economic activities, this study will examine the order’s teachings practiced by the adherents of Qadiriyyah Naqshbandiyyah order of Pekalongan in one period of field research from June to October 2010. This is done by means of a process – as objective as possible – of description and interpretation. As I study my primary resources (from the books, magazines, websites, and interviews), my attention is focused on the treatment of the subject, how the order’s ethics are articulated, and the way in which they function to observe the religious teachings in their business activities. This paper will explain social and historical background of Qadiriyyah Naqshbandiyyah order of Pekalongan, decribe the teachings and practices which are implemented by the adherents, and finally clarify the influence of its teachings into the business activities of the adherents.


2019 ◽  
Vol 2 (5) ◽  
pp. 199-205
Author(s):  
Svetlana Shumilova

Foreign investment is the driving force behind the development of the Russian oil and gas complex and the economy as a whole. This was the case until 2014; the current situation has changed somewhat: the inflow of foreign investment in the Russian energy sector is complicated not only by the imposed sanctions, but also by the main obstacle - instability of world energy prices. The current price conjuncture, as well as the situation with supply and demand, is pushing foreign investors to reduce investment proposals. The article analyzes the dynamics, species and sectoral structure of annual flows of foreign investment in the Russian economy, which allows to identify the main trends in attracting foreign capital in the past few years. In the Russian economy, at the moment, the most attractive areas for foreign investors are mining, manufacturing, wholesale and retail trade. These economic activities account for more than 60% of the total foreign investment.


No Refuge ◽  
2020 ◽  
pp. 50-75
Author(s):  
Serena Parekh

This chapter argues that Western liberal democracies have a moral obligation to rethink the way that refugees are treated during their displacement and to ensure they have access to the minimum conditions of human dignity. Yet many people find the language of morality uncomfortable or inappropriate when it comes to refugees. Others deny that morality is real and makes legitimate demands on us. This chapter responds to these concerns and gives an overview of the concept of a moral obligation by looking at its roots in philosophy and religion. The chapter examines the consequentialist, Kantian, religious, and human rights grounds for morality in order to demonstrate why a moral perspective is fundamental to addressing the crisis that refugees experience. This chapter makes clear that morality is not merely personal but can and must be extended globally. Countries must take their moral obligations to refugees seriously.


2016 ◽  
Vol 2 (1) ◽  
Author(s):  
Ivan Pavlů

AbstractNeolithic houses can be classified into different types according to their construction; therefore, we tried to find whether the inhabitants of different types of Neolithic houses engaged in different economic activities. The existing interpretation of the function of individual parts of Neolithic houses was broadened to include a hypothesis based on an exceptional case from the Harta settlement in Hungary. We used the revised analysis of animal bones from the Bylany settlement as a starting point to assess the means of subsistence of the inhabitants of Neolithic houses. The way that food was handled and consumed was observed in the distribution of formal functional types of pottery according to the number and the lipid compounds. Based on current results, we can prove that inhabitants of different types of Neolithic houses used different means of subsistence. Food was shared similarly in all types of houses; however, the processing and preparation of food differed. Therefore, we can support the hypothesis that the inhabitants of a single settlement were of different genetic and historical origins.


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