Planning Sustainable Communities

Author(s):  
Paul Donehue

This chapter evaluates the impact of commodification of land and housing on the sustainability of the residential built environment. Commodification, an institutionalized practice in the western industrialized world, refers to the capacity of individuals to trade land and housing freely in the marketplace.  This practice is so commonplace that it rarely undergoes any fundamental analysis in terms of its potential impacts. In order to consider the appropriateness of commodification to sustainable communities this chapter examines its effect on three factors identified as being important to their viability: the existence of a commonly held normative framework; the capacity of a community to reinforce or discourage individual behaviour, and; the need for appropriate resource requirements.  The commodification of residential land and housing is found to encourage effects that may negatively impact upon the environmental and social sustainability of communities, and to potentially lead to their re-absorption into a less sustainable surrounding context. The paper also identifies a tendency of social and legal structures to protect the operation of the free market, which may act to undermine the capacity of communities to achieve self determination. Finally, it is suggested that the types of resources required by a community as a consequence of commodification may be inappropriate to the maintenance of long-term sustainability.

2011 ◽  
pp. 46-58
Author(s):  
Paul Donehue

This chapter evaluates the impact of commodification of land and housing on the sustainability of the residential built environment. Commodification, an institutionalized practice in the western industrialized world, refers to the capacity of individuals to trade land and housing freely in the marketplace.  This practice is so commonplace that it rarely undergoes any fundamental analysis in terms of its potential impacts. In order to consider the appropriateness of commodification to sustainable communities this chapter examines its effect on three factors identified as being important to their viability: the existence of a commonly held normative framework; the capacity of a community to reinforce or discourage individual behaviour, and; the need for appropriate resource requirements.  The commodification of residential land and housing is found to encourage effects that may negatively impact upon the environmental and social sustainability of communities, and to potentially lead to their re-absorption into a less sustainable surrounding context. The paper also identifies a tendency of social and legal structures to protect the operation of the free market, which may act to undermine the capacity of communities to achieve self determination. Finally, it is suggested that the types of resources required by a community as a consequence of commodification may be inappropriate to the maintenance of long-term sustainability.


2016 ◽  
Vol 52 (1) ◽  
pp. 43-58
Author(s):  
Klimis Vogiatzoglou

Abstract This paper examines long-term developments in the quality and efficiency of free market institutional systems across thirteen emerging economies from South, South-east, and East Asia over the 1995–2014 period. The paper also empirically assesses the impact of free market institutions on a country’s inward foreign direct investment (FDI) performance. We find that the free market institutional framework in most economies is still relatively inefficient, restrictive, and underdeveloped but has, nevertheless, substantially improved during the last twenty-year period. Our empirical results also indicate that a free market institutional system in a host-country is a factor that attracts inward FDI to emerging Asian economies by multinational companies. Consequently, policy makers should focus on further improving the quality of free market institutions.


2021 ◽  
pp. 107-115
Author(s):  
Stanisław Szmitka ◽  

In the broad sense, any action that is taken in the hopes of raising future revenue can also be considered an investment. An investment always concerns the outlay of some asset today – money or tangible and intangible assets – in hopes of a greater payoff in the future than what was originally put in. The investment compensates for the time of “freezing” of funds, as well as the risk taken in the investment process. Integral components in each investment process are: a) time (recovery of benefits and capital commitments); b) circulation (allocation of general or own capital); c) risk (possibility of excess of actually incurred expenses over planned costs); d) benefits (expected effects from investment realization). Investments can be defined in the light of the above factors, which are fraught with the risk of long-term allocation of investment costs in order to recover benefits. Investments are such expenditures of funds, in which there is a long-term commitment of funds of money. The scale of the costs of their performance is higher than in the current, operating activities of businesses, and the impact of investment on the efficiency of operations and competitiveness is mostly longer. Investments increase not only modernized and new means of durability, intangible and legal costs, but also the value of working capital. This work is devoted to presentation and analysis of the process of financing investments made through joint ventures in the realities of the free market in a changing environment. Considerable attention was paid to the assessment of risk and efficiency of enterprises activities. It was found that the amount of risk is influenced by various factors, such as the complexity of the investment process and the instability of the environment in which the project is implemented. This creates uncertainty about the expected future benefits and often makes it impossible to assess the factors that affect the return on investment.


2011 ◽  
Vol 70 (1) ◽  
pp. 5-11 ◽  
Author(s):  
Beat Meier ◽  
Anja König ◽  
Samuel Parak ◽  
Katharina Henke

This study investigates the impact of thought suppression over a 1-week interval. In two experiments with 80 university students each, we used the think/no-think paradigm in which participants initially learn a list of word pairs (cue-target associations). Then they were presented with some of the cue words again and should either respond with the target word or avoid thinking about it. In the final test phase, their memory for the initially learned cue-target pairs was tested. In Experiment 1, type of memory test was manipulated (i.e., direct vs. indirect). In Experiment 2, type of no-think instructions was manipulated (i.e., suppress vs. substitute). Overall, our results showed poorer memory for no-think and control items compared to think items across all experiments and conditions. Critically, however, more no-think than control items were remembered after the 1-week interval in the direct, but not in the indirect test (Experiment 1) and with thought suppression, but not thought substitution instructions (Experiment 2). We suggest that during thought suppression a brief reactivation of the learned association may lead to reconsolidation of the memory trace and hence to better retrieval of suppressed than control items in the long term.


2003 ◽  
Author(s):  
Teresa Garate-Serafini ◽  
Jose Mendez ◽  
Patty Arriaga ◽  
Larry Labiak ◽  
Carol Reynolds

2014 ◽  
Vol 75 (S 02) ◽  
Author(s):  
Morten Lund-Johansen ◽  
Øystein Tveiten ◽  
Monica Finnkirk ◽  
Erling Myrseth ◽  
Frederik Goplen ◽  
...  

2018 ◽  
pp. 70-84
Author(s):  
Ph. S. Kartaev ◽  
Yu. I. Yakimova

The paper studies the impact of the transition to the inflation targeting regime on the magnitude of the pass-through effect of the exchange rate to prices. We analyze cross-country panel data on developed and developing countries. It is shown that the transition to this regime of monetary policy contributes to a significant reduction in both the short- and long-term pass-through effects. This decline is stronger in developing countries. We identify the main channels that ensure the influence of the monetary policy regime on the pass-through effect, and examine their performance. In addition, we analyze the data of time series for Russia. It was concluded that even there the transition to inflation targeting led to a decrease in the dependence of the level of inflation on fluctuations in the ruble exchange rate.


2018 ◽  
pp. 125-141 ◽  
Author(s):  
S. M. Drobyshevsky ◽  
P. V. Trunin ◽  
A. V. Bozhechkova

The paper studies the factors of secular stagnation. Key factors of long-term slowdown in economic growth include the slowdown of technological development, aging population, human capital accumulation limits, high public debt, creative destruction process violation etc. The authors analyze key theoretical aspects of long-term stagnation and study the impact of these factors on Japanies economy. The authors conclude that most of the factors have significant influence on the Japanese economy for recent decades, but they cannot explain all dynamics. For Russia, on the contrary, we do not see any grounds for considering the decline in the economy since 2013 as an episode of secular stagnation.


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