scholarly journals Financialized savings in public water governance: An illustrative case study in the arid American West

2021 ◽  
Vol 7 (2) ◽  
pp. 94-112
Author(s):  
Christopher Gibson
Keyword(s):  
Water Governance ◽  
Illustrative Case ◽  
Public Governance ◽  
Public And Private ◽  
Strategic Objectives ◽  
Financial Investment ◽  
Public Resource ◽  
Archival Documents ◽  
Water District

How does financialization of the economy impact public governance of natural resources? One way includes a shift in how savings and cash accumulation are understood and practiced within public agencies. This article proffers that in the second half of the twentieth century, it became a taken-for-granted understanding that long-term savings should be held in financial investment accounts instead of traditional savings accounts. As a result of this, municipal organizations act as fiscally independent investors, marshaling economic resources to pursue strategic objectives that align with financialized institutional logics. Using a case study of the largest supplier of drinking water in the US, this article examines how the use of financial investments by a major public resource agency, Metropolitan Water District of Southern California, evolved since first establishing an investment policy in the 1940s. Today, this organization maintains investments worth over one billion dollars. Analysis of archival documents suggests that financial activities, even if yielding dwindling returns over time, are counted upon as a source of revenue, deployed to obtain favorable bond ratings, used for access to earmarked funds, and leveraged to acquire land in water-strategic locations. Considering the ubiquity of these financial practices among medium to large-sized municipal governing bodies, the results of this study are suggestive and generalizable across substantive governing fields and in other locations. Ultimately, this study shows that public governance agencies are intertwined with private capital flows, problematizing the oft-assumed distance between public and private actors. The article also interrogates the influence that financial markets have over of public policy, showing that elected governance officials engage in the commodification of money, encouraging the further commodification of environmental resources.  

scholarly journals Agents of Change in the Domestic Built Environment

2022 ◽  
Vol 7 (1) ◽  
pp. 5-20
Author(s):  
Fani Kostourou
Keyword(s):  
Historical Context ◽  
Exceptional Case ◽  
Building Stock ◽  
Public And Private ◽  
Housing Scheme ◽  
Archival Documents ◽  
Agents Of Change ◽  
Textile Factory ◽  
The City

As our cities age, a large number of spatial structures experience physical change. A better understanding of what this process may entail and the agents involved in it can extend the knowledge of practitioners, activists, and policy experts regarding the resilience of our domestic building stock and cities. Awan et al. (2013) explain that agents are not entirely free from societal and spatial constraints; instead, they are characterised by intent, shaped by their own visions and actions, and context, the spatial and social structures of which they are part and which they negotiate. This article discusses the intent and context of the agents involved in the construction and transformation of the Cité Ouvrière in Mulhouse in Eastern France from the mid-19th century to date. With 1,253 houses built for the workers of the Dollfus-Mieg et Compagnie (DMC) textile factory between 1853 and 1897, Cité Ouvrière was the largest and most successful employer-constructed housing scheme of its time, setting an example for many other European company towns. Through this exceptional case study, the article identifies the levels at which spatial agents operate, the means they use to instigate change, their dynamic relations, and the ways these are influenced by the wider historical context while influencing the making and evolution of the built form. Using historical and archival documents, it amounts to recognise an interplay of individuals and public and private groups, who have been responsible for taking decisions at different scales—the city, the neighbourhood, and the houses—and have instigated changes of different effect—from more localised to more aggregate.

Improving the integrated reporting of electric-power industry companies

2020 ◽  
Vol 23 (8) ◽  
pp. 922-939
Author(s):  
N.V. Malinovskaya ◽  
M.D. Malinovskii
Keyword(s):  
Comparative Analysis ◽  
Electric Power ◽  
Electric Power Industry ◽  
Power Industry ◽  
Integrated Reporting ◽  
Strategic Objectives ◽  
Methods Of Analysis ◽  
Analysis And Synthesis ◽  
Guiding Principles

Subject. This article deals with the issues relating to improving integrated reporting in terms of dovetailing strategic objectives with capital changes. Objectives. The article aims to develop a system of indicators for disclosure of capital types in integrated reporting of electricity generating companies, as well as recommendations aimed at implementing the fundamental concepts and guiding principles of integrated reporting. Methods. For the study, we used the methods of analysis and synthesis, comparison, generalization, and abstraction. As a case study, we conduct a comparative analysis of the disclosure of six types of capital by the largest electricity generating companies, namely PAO Inter RAO, AO Rosenergoatom and PAO RusHydro. Results. The article formulates proposals for disclosure of capital information to address such a lack of accountability as a contradiction to the principle of coherence. It proposes a system of indicators (core and additional) for disclosure of six types of capital by electricity generating companies. Conclusions. A significant reporting problem is the lack of correlation between key strategic objectives and capital changes. The formulated recommendations for disclosure of capital information can help solve this problem, and increase the attractiveness of the integrated report for capital providers.

De la gestión local a la gobernanza global: actores e interacciones multiniveles en la gestión del agua en la ciudad de México

2011 ◽  
Vol 1 (3) ◽  
pp. 34-66
Author(s):  
Joyce Valdovinos
Keyword(s):  
Private Sector ◽  
Water Governance ◽  
The State ◽  
Public Authorities ◽  
Service Contracts ◽  
Governance Model ◽  
Role Of The State ◽  
The One

The provision of water services has traditionally been considered a responsibility of the state. During the late 1980s, the private sector emerged as a key actor in the provision of public services. Mexico City was no exception to this trend and public authorities awarded service contracts to four private consortia in 1993. Through consideration of this case study, two main questions arise: First, why do public authorities establish partnerships with the private sector? Second, what are the implications of these partnerships for water governance? This article focuses, on the one hand, on the conceptual debate of water as a public and/or private good, while identifying new trends and strategies carried out by private operators. On the other hand, it analyzes the role of the state and its relationships with other actors through a governance model characterized by partnerships and multilevel networks.Spanish La provisión del servicio del agua ha sido tradicionalmente considerada como una responsabilidad del Estado. A finales de la década de 1980, el sector privado emerge como un actor clave en el suministro de servicios públicos. La ciudad de México no escapa a esta tendencia y en 1993 las autoridades públicas firman contratos de servicios con cuatro consorcios privados. A través de este estudio de caso, dos preguntas son planteadas: ¿Por qué las autoridades públicas establecen partenariados con el sector privado? ¿Cuáles son las implicaciones de dichos partenariados en la gobernanza del agua? Este artículo aborda por una parte, el debate conceptual del agua como bien público y/o privado, identificando nuevas tendencias y estrategias de los operadores privados. Por otra parte, se analizan el rol y las relaciones del Estado con otros actores a través de un modelo de gobernanza, definido en términos de partenariados y redes multi-niveles.French Les services de l'eau ont été traditionnellement considérés comme une responsabilité de l'État. À la fin des années 1980, le secteur privé est apparu comme un acteur clé dans la fourniture de certains services publics. La ville de Mexico n'a pas échappé à cette tendance et en 1993, les autorités publiques ont signé des contrats de services avec quatre consortiums privés. À travers cette étude de cas, nous nous interrogerons sur deux aspects : pourquoi les autorités publiques établissentelles des partenariats avec le secteur privé ? Quelles sont les implications de ces partenariats sur la gouvernance de l'eau ? Cet article s'intéresse, d'une part, au débat conceptuel sur l'eau en tant que bien public et/ou privé, en identifiant les tendances nouvelles et les stratégies menées par les opérateurs privés. D'autre part y sont analysés le rôle de l'État et ses relations avec d'autres acteurs à travers un modèle de gouvernance, défini en termes de partenariats, et des réseaux multi-niveaux.

Systemic Unsustainability as a Threat to Democracy

2020 ◽  
Author(s):  
Andrea Felicetti
Keyword(s):  
Research Agenda ◽  
Ecological Crisis ◽  
Illustrative Case ◽  
Sustainability Transition ◽  
Ways Of Thinking ◽  
Illustrative Case Study ◽  
New Research

Resilient socioeconomic unsustainability poses a threat to democracy whose importance has yet to be fully acknowledged. As the prospect of sustainability transition wanes, so does perceived legitimacy of institutions. This further limits representative institutions’ ability to take action, making democratic deepening all the more urgent. I investigate this argument through an illustrative case study, the 2017 People’s Climate March. In a context of resilient unsustainability, protesters have little expectation that institutions might address the ecological crisis and this view is likely to spread. New ways of thinking about this problem and a new research agenda are needed.

The Effects of Teaching Reflection Diaries on In-Service High School Teachers in Japan

Relay Journal ◽  
2020 ◽  
pp. 80-99
Author(s):  
Naoya Shibata
Keyword(s):  
High School ◽  
High School Teachers ◽  
Illustrative Case ◽  
Teaching Beliefs ◽  
Experienced Teacher ◽  
Female Teachers ◽  
Self Confidence ◽  
Research Findings ◽  
Illustrative Case Study

Although teaching reflection diaries (TRDs) are prevalent tools for teacher training, TRDs are rarely used in Japanese secondary educational settings. In order to delve into the effects of TRDs on teaching development, this illustrative case study was conducted with two female teachers (one novice, and one experienced) at a Japanese private senior high school. The research findings demonstrated that both in-service teachers perceived TRDs as beneficial tools for understanding their strengths and weaknesses. TRDs and class observations illustrated that the novice teacher raised their self-confidence in teaching and gradually changed their teaching activities. On the other hand, the experienced teacher held firm teaching beliefs based on their successful teaching experiences and were sometimes less willing to experiment with different approaches. However, they changed their teaching approaches when they lost balance between their class preparation and other duties. Accordingly, although teachers’ firm beliefs and successful experiences may sometimes become possible hindrances from using TRDs effectively, TRDs can be useful tools to train and help teachers realise their strengths and weaknesses.

AQUIFER TESTS: EDUCATIONAL, TECHNICAL AND PRESENTATION EXPERIENCES AT A RESEARCH UNIVERSITY: A CASE STUDY WORKING WITH A LOCAL WATER DISTRICT

2019 ◽  
Author(s):  
Wayne Hamilton ◽  
◽  
Stephanie S. Wong ◽  
Wynne Casteel ◽  
Ashley McGill ◽  
...  
Keyword(s):  
Research University ◽  
Local Water ◽  
Water District
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