‘Cambiando el chip’: The gendered constellation of subjectivities of the financialisation of remittances in Mexico

2021 ◽  
pp. 0308518X2110061
Author(s):  
Rahel Kunz ◽  
Brenda Ramírez
Keyword(s):  
Development Strategy ◽  
Social Dynamics ◽  
Global Financial Crisis ◽  
Development Aid ◽  
Three Dimensions ◽  
Transnational Families ◽  
Development Models ◽  
Transnational Family ◽  
Global North ◽  
The Global Financial Crisis

In the wake of the global financial crisis and a context of stagnating development aid, the international community now promotes linking remittances to finance as a development strategy, in what has been termed the ‘financialisation of remittances’ (FOR). This article analyses the ways in which the financialisation of remittance manifests in Mexico in gendered ways, and what this tells us about financialisation and financial subjectivation processes beyond the global North. We find that the financialisation of remittance represents a shift from earlier remittance-based development models whereby remittances become linked to financial inclusion and social welfare agendas and the focus is broadened beyond migrant income to diaspora wealth. Focusing on the governing arrangements of the financialisation of remittance, we propose the concept of ‘constellation of subjectivities’ in order to analyse the interrelated and interacting programmatic subjectivities through which the financialisation of remittance manifests in Mexico. Combining this conceptualisation with interdisciplinary feminist insights on financialisation, we analyse the various intersecting social dynamics that weave through such constellations. The analysis – based on document, interview and observation material – finds that the financialisation of remittance in Mexico creates and governs a gendered constellation of financial subjectivities with three dimensions: migrant men, remittance-receiving women and the constitutive outside of the non-transnational family. While most studies tend to focus on transnational families, we demonstrate that non-transnational families are an integral part of the financialisation of remittance. Our analysis destabilises the notion of the universal financial subject and highlights the importance of broadening our analysis of financialisation to constitutive outsides that often fall off the radar.

Research on China Cross-border E-commerce Development Strategy under the Background of Trade Facilitation

2021 ◽  
Vol 1 (1) ◽  
pp. 41-49
Author(s):  
Xiang LIU ◽  
Shu LU
Keyword(s):  
Development Strategy ◽  
Global Financial Crisis ◽  
Global Market ◽  
Chinese Government ◽  
Market Demand ◽  
Growth Trend ◽  
Trade Facilitation ◽  
Environmental Support ◽  
Cross Border ◽  
The Global Financial Crisis

The main purpose of trade facilitation is to simplify trade processes, reduce trade costs, and improve policy transparency. Affected by the global financial crisis, global market demand is insufficient, and China's foreign trade growth is weak, while cross-border e-commerce is thriving, showing a gratifying growth trend. The qualitative and quantitative leap of cross-border e-commerce is inseparable from the macro-environmental support and influence of my country's social development. Chinese government departments should actively participate in relevant meetings and project negotiations of international organizations, establish friendly exchanges and cooperative relations with other countries, and achieve tax incentives and credit Negotiation and coordination mechanisms for system construction cooperation, data security, cybercrime, etc., to seek more convenient and efficient border management

scholarly journals CHANGES IN THE CHINESE DEVELOPMENT STRATEGY AFTER THE GLOBAL CRISIS AND ITS IMPACTS IN LATIN AMERICA

2018 ◽  
Vol 22 (1) ◽  
Author(s):  
Celio Hiratuka
Keyword(s):  
Latin America ◽  
Development Strategy ◽  
Latin American ◽  
Global Financial Crisis ◽  
Trade Flows ◽  
First Century ◽  
Economic Relations ◽  
New Challenges ◽  
The Global Financial Crisis ◽  
Latin American Countries

ABSTRACT This paper aims to analyze the recent changes in economic relations between Latin American countries and China in the context of the transformations occurred in the latter’s development strategy after the global financial crisis. The text argues that, in relation to the first decade of the twenty-first century, connections linked to FDI, financing flows, and infrastructure projects have been growing in importance and present new challenges to Latin America, which surpass the ones based only on trade flows.

Lawyers, Gender, and Money: Consensus, Closure, and Conflict in the Global Financial Crisis

2015 ◽  
Vol 11 (02) ◽  
pp. 265-290
Author(s):  
Wesley Widmaier
Keyword(s):  
Financial Crisis ◽  
Deposit Insurance ◽  
Social Dynamics ◽  
Global Financial Crisis ◽  
Professional Socialization ◽  
Policy Implications ◽  
Policy Debate ◽  
Troubled Asset Relief Program ◽  
And Gender ◽  
The Global Financial Crisis

How did the interplay of intellectual overconfidence, gender, and professional socialization limit economic policy debate over the subprime boom and global financial crisis? In this article, I integrate historical institutionalist and feminist institutionalist insights to make sense of the interplay of gender and professional socialization in limiting the scope for precrisis regulation and postcrisis reform. First, drawing on historical institutionalist perspectives, I highlight the scope for inefficiency in the use of information, arguing that policy success over time can engender tendencies to misplace confidence and intellectual closure. Secondly, drawing on feminist institutionalist perspectives, I stress the role of professional and gender socialization in enabling agents to resist such inefficiencies and so limit the scope for intellectual closure. In empirical terms, I then advance three case studies addressing the roles of Commodity Futures Trading Commission Chair Brooksley Born, Federal Deposit Insurance Corporation Chair Sheila Bair, and Troubled Asset Relief Program Congressional Oversight Panel Chair Elizabeth Warren in challenging the precrisis deregulatory consensus. In the conclusion, I address theoretical and policy implications, stressing the social dynamics that may spur women toward increased professional and intellectual risk taking.

scholarly journals The Serbian economy ten years after the global economic crisis

2020 ◽  
Vol 65 (225) ◽  
pp. 33-71
Author(s):  
Milica Uvalic ◽  
Bozidar Cerovic ◽  
Jasna Atanasijevic
Keyword(s):  
Economic Growth ◽  
Development Strategy ◽  
Economic Crisis ◽  
Global Financial Crisis ◽  
Policy Responses ◽  
Development Level ◽  
Global Economic Crisis ◽  
The Global Financial Crisis ◽  
Delayed Transition

The global financial crisis hit the Serbian economy severely in late 2008. The subsequent decade has been characterized by negative or very modest economic growth and Serbia is now just slightly above the development level of ten years ago. This paper analyses the most important economic milestones during this decade and investigates why only modest progress has been made, despite various measures implemented by the Serbian government. It examines the background to Serbia?s delayed transition and analyses the effects of the global economic crisis on the Serbian economy. It outlines the policy responses and their results, focusing on public finance, foreign trade, reindustrialisation, FDI, the labour market, and sources of growth. The paper sets out the key challenges to accelerating Serbia?s economic growth and identifies the main elements of a new long-term development strategy.

scholarly journals Sustaining Precarious Transnational Families: The Significance of Remittances From Canada's Seasonal Agricultural Workers Program

Just Labour ◽  
1969 ◽  
Author(s):  
Don Wells ◽  
Janet McLaughlin ◽  
Andre Lyn ◽  
Aaraon Diaz Mendiburo
Keyword(s):  
Medical Care ◽  
Development Aid ◽  
Agricultural Workers ◽  
Transnational Families ◽  
Global Development ◽  
Transnational Family ◽  
Seasonal Agricultural Workers ◽  
Family Survival ◽  
Accelerating Flows ◽  
Seasonal Agricultural Workers Program

Accelerating flows of remittances are dwarfing global development aid. Thisstudy deepens our understanding of remittance impacts on the families ofworkers who come to Canada annually for several months under the SeasonalAgricultural Workers Program (SAWP). Interviews with SAWP workers, theirspouses, adult children and teachers in Mexico deepen our understanding of theimpacts of these remittances. They demonstrate thatthe remittances are oftenliterally a lifeline to transnational family survival, allowing them to pay for basicneeds such as shelter, food, and medical care. Yet,at the same time, theraemittances do not allow most of these workers andtheir families to escape deeppoverty and significant precarity, including new forms of precarity generated bythe SAWP. Instead, SAWP remittances help reduce poverty, at least temporarily,to more moderate levels while precarious poverty expands through globalneoliberal underdevelopmen

scholarly journals A critique of innovation districts: Entrepreneurial living and the burden of shouldering urban development

2021 ◽  
pp. 0308518X2110494
Author(s):  
Carla M. Kayanan
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Global Financial Crisis ◽  
Economic Benefits ◽  
New Governance ◽  
City Development ◽  
Spatial Form ◽  
Systematic Analysis ◽  
Urban Economic Development ◽  
The Global Financial Crisis

This article critically investigates the global trend toward urban innovation districts, a distinctly 21st-century spatial form. Innovation districts are a place-based, economic development strategy to concentrate the actors, entities, and infrastructure considered essential to process and product innovation. Built on the idea that today's innovation requires continuous interaction, the design of innovation districts incorporates a density of living and working amenities to accommodate a 24-7 live–work–play environment. At the heart of the innovation district strategies are the entrepreneurs meant to benefit from the built-in supports that help them scale their ideas and introduce products to the market. Despite an embrace by policymakers, to date, there has been little systematic analysis and critique of innovation district strategies or attempts to understand them as tools of neoliberal urban economic development. This article tracks how planners and other city development officials endorsed innovation districts during the Global Financial Crisis. The districts were a stopgap policy measure to accumulate economic benefits while waiting for market activity to resume. Furthermore, this paper argues that the emergence of innovation district strategy points to new governance arrangements that shift the burden of urban revitalization onto entrepreneurs who catalyze growth through their consumption and production activities. The findings are based on content analysis, site observations, and interviews with the creators, implementers, stakeholders, and users of innovation districts in Boston, St. Louis, and Dublin.

Analysis of Current Interregional Industry Transfer and Its Features in China Based on Three Dimensions

2016 ◽  
Vol 04 (03) ◽  
pp. 1650021 ◽  
Author(s):  
Deyou XU
Keyword(s):  
Global Financial Crisis ◽  
Relevant Literature ◽  
Three Dimensions ◽  
Market Forces ◽  
Dynamic Changes ◽  
Factor Endowments ◽  
External Demand ◽  
The Status ◽  
The Global Financial Crisis ◽  
China’S Economy

Imbalanced spatial development of China's economy leads to the transfer of industries between different regions. Such interregional transfer of industries not only reflects the dynamic changes of factor endowments between regions, but also is an important way to promote the development of underdeveloped regions. After the global financial crisis in 2008, along with the deterioration in external demand and expansion of domestic market, as well as driven by market forces and regional policies, China's interregional industry transfer presents new features and trends. Based on the reflections on relevant literature and cases, the author discusses China's industry transfer from three perspectives: why, where, and how to transfer industries, referring to three aspects: the impetus and resistance, scope and direction, as well as patterns and policies of industry transfer, so as to make a comprehensive and in-depth elaboration of the status quo, features and causes of interregional industry transfer in China.

On the formation of a New Paradigm of fiscal Policy

2013 ◽  
pp. 152-158 ◽  
Author(s):  
V. Senchagov
Keyword(s):  
Public Finance ◽  
Fiscal Policy ◽  
Financial Crisis ◽  
Global Financial Crisis ◽  
Domestic Demand ◽  
Real Economy ◽  
New Paradigm ◽  
Monetary Aggregate ◽  
The Past ◽  
The Global Financial Crisis

Due to Russia’s exit from the global financial crisis, the fiscal policy of withdrawing windfall spending has exhausted its potential. It is important to refocus public finance to the real economy and the expansion of domestic demand. For this goal there is sufficient, but not realized financial potential. The increase in fiscal spending in these areas is unlikely to lead to higher inflation, given its actual trend in the past decade relative to M2 monetary aggregate, but will directly affect the investment component of many underdeveloped sectors, as well as the volume of domestic production and consumer demand.

ASPEK ETIK DAN SISTEMIK DALAM EKONOMI DAN BISNIS ISLAM

ALQALAM ◽  
2014 ◽  
Vol 31 (1) ◽  
pp. 187
Author(s):  
Budi Harsanto
Keyword(s):  
Financial Crisis ◽  
Business Ethics ◽  
Moral Hazard ◽  
Global Financial Crisis ◽  
Financial Institution ◽  
Research Question ◽  
Academic Journals ◽  
Lehman Brothers ◽  
The World ◽  
The Global Financial Crisis

The fall of Enron, Lehman Brothers and other major financial institution in the world make researchers conduct various studies about crisis. The research question in this study is, from Islamic economics and business standpoint, why the global financial crisis can happen repeatedly. The purpose is to contribute ideas regarding Islamic viewpoint linked with the global financial crisis. The methodology used is a theoretical-reflective to various article published in academic journals and other intellectual resources with relevant themes. There are lots of analyses on the causes of the crisis. For discussion purposes, the causes divide into two big parts namely ethics and systemic. Ethics contributed to the crisis by greed and moral hazard as a theme that almost always arises in the study of the global financial crisis. Systemic means that the crisis can only be overcome with a major restructuring of the system. Islamic perspective on these two aspect is diametrically different. At ethics side, there is exist direction to obtain blessing in economics and business activities. At systemic side, there is rule of halal and haram and a set of mechanism of economics system such as the concept of ownership that will early prevent the seeds of crisis. Keywords: Islamic economics and business, business ethics, financial crisis 

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