Mexico’s Automotive Industry: A Success Story?

largest world producer of automotive vehicles. The Mexican experience is part of the more general case of the “integrated peripheries.” The development of these cannot be accounted for separately from the developments occurring in its core country. Unlike the core-periphery literature, however, our analysis emphasizes that the various clusters of cores and integrated peripheries are not alike. In the case under study, the core has been systematically lagging behind the main transformations pioneered by its competitors. The paper traces the evolution of the Mexican automotive industry, emphasizing the difficulties faced by a late-comer country in developing an independent industry, and the importance of policy choices as well as the macroeconomic context in affecting its development. NAFTA represents the culmination of an integration process that has profoundly transformed the structure of the Mexican automotive industry, deepening its dependence on the US market. While there is no doubt that it has contributed to the spectacular growth of the Mexican auto industry, whether it also increased its resilience or, rather, its dependence is still an open question. This issue is particularly relevant in view of the transformations that are taking place in the automotive sector and in the geopolitical scenario. These include the end of NAFTA and the advent of USMCA, the entry of powerful competitors into the global market, and the transition to electric and autonomous vehicles, which all entail risks and opportunities. The lens of the centre-periphery relationship can help to understand the present integration of North America and its future direction.

Imperialisme Gaya Baru Terhadap Buruh Industri Garmen di Bangladesh dalam Kerangka Modern World System

Exploitation of labour has been big problems in Bangladesh, its combination between imperialist (thats the US and European Garment Consortium), local factory owners and government. Dependence Bangladesh as a periphery country under fashion companies from core country is the evidence of existing modern world system. This paper discusses about how exploitation and poverty correlate with development failures in Bangladesh. Actually, working in the garment industry are the another way to reach their basic needs, but in fact, they all getting low salary which is under minimum cost of living. Until now, the ready-made garments (RMG) industry of Bangladesh still being "big power" endorser for low skills populations within considerable polemics. Bangladesh “terperangkap” dalam skema eksploitasi tenaga kerja dari kombinasi praktek Imperialis pengusaha fashion dunia (Konsorsium Garmen AS dan Eropa) dengan pemilik pabrik dan penguasa. Ketergantungan Bangladesh sebagai negara periphery pada pengusaha fashion sebagai pemain dari negara core merupakan bentuk dari adanya modern world system yang berlaku. Tulisan ini membahas bagaimana eksploitasi, kemiskinan dan kesenjangan berkorelasi dengan gagalnya upaya-upaya pembangunan di Bangladesh. Bekerja pada industri garmen adalah pilihan terakhir para pekerja untuk memenuhi kebutuhan hidup meskipun pada kenyataannya upah yang diterima masih dibawah biaya hidup minimal yang ditetapkan. Industri garmen Bangladesh adalah “kekuatan besar” penopang ekonomi penduduk berkeahlian rendah (low-skill) yang didalamnya mempunyai segudang polemik.

UNCONVENTIONAL MONETARY POLICY, COMPETITION AND FINANCIAL STABILITY. EVIDENCE FROM THE EUROZONE BANKS

This article analyses the effects of the ECB’s negative interest rates (or unconventional) policy on the degree of banking competition, lending and deposit supply, and financial stability. Using a dataset comprising 191 Eurozone banks for the 2002Q1-2016Q4 period, our results suggest that negative interest rates (i) increase banks’ lending and deposit supply, (ii) reduce banking competition, and (iii) weaken financial stability. This phenomenon is economically more significant for periphery country banks than for core country banks.

Study on the Evolution Characteristics of International Nickel Ores Trade from Perspective of Complex Networks

In order to analyze the evolution characteristics of nickel ores international trade structure, this paper builds up the network model by adopting the complex network theory. Based on the International trade data of nickel ores from 2007 to 2018, we analyze the overall pattern of trade network, core country identification and the power-law distribution analysis. According to the research, it is found that China and the United States have a strong influence in the international nickel ores trading network. The more nickel producing counties participated in this trade and the international nickel ore market commenced to globalization.

Identification of Social Dynamic of the Economic Smallholders of Palm Oil Plannation on Keerom District of Papua

The Core Country Plantation (PIR) is the government program to improve the welfare of smallholders. The purpose of this research is to identify the state of the development of Core Country Plantation (PIR) in Keerom district. This research is qualitative descriptive research. Data collection in this study with two types of data is primary data and secondary data. The results of the identification show that the factors that caused a decline in welfare have an impact on the socio-economic dynamics caused by the low yields of palm oil production. As a solution, the government provides a nucleus plantation program (PIR), to overcome socio-economic dynamics in the Papua border area of Keerom Regency.

“Immigration, that’s what everyone’s thinking about …”

This article examines the 2016 British EU referendum and the domestic debates through citizens’ voices in the media, specifically on the emotions and narratives, on The Guardian, The Daily Telegraph and The Daily Express, the week before the referendum. British citizens felt, in their words, “bullied because of [their] political correctness” and pointed their anger and dissatisfaction against the EU (and Merkel’s) “obsession for open borders”. The analysis underlines that these emotions and narratives, combining immigration and sovereignty, have remained embedded in the post-Brexit days, and go back not just to Billig’s banal nationalism (1995), but show that voting Leave represented respect towards true British values, the “core country” as conceptualised by Taggart (2000). Powellism (Hampshire 2018) and Wright’s “encroanchment” of Englishness (2017), and the analysis on the immigration narrative explain how anti-immigration and sovereignty discourse is persisting and is influencing the social and political relation of Britain with Europe.

Asian Smallholders in Comparative Perspective

Asian Smallholders in Comparative Perspective provides the first multicountry, inter-disciplinary analysis of the single most important social and economic formation in the Asian countryside: the smallholder. Based on ten core country chapters, the volume describes and explains the persistence, transformations, functioning and future of the smallholder and smallholdings across East and Southeast Asia. As well as providing a source book for scholars working on agrarian change in the region, it also engages with a number of key current areas of debate, including: the nature and direction of the agrarian transition in Asia, and its distinctiveness vis à vis transitions in the global North; the persistence of the smallholder notwithstanding deep and rapid structural change; and the question of the efficiency and productivity of smallholder-based farming set against concerns over global and national food security.

Inequality implications of European economic and monetary union membership: A reassessment

A growing number of studies have concluded that the European economic and monetary union has exacerbated inequalities in income, wealth and society. Furthermore, the endogeneity of income inequality is now becoming recognised as an important part of the cost–benefit analysis of euro currency adoption. Yet the nature, significance and scale of different monetary (and market) integration channels in operation remain uncertain. In this contribution, we employ static and dynamic panel data methodologies to investigate the intra-national household inequality implications, both realised and expected over coming years. Our analysis reveals that the within-country inequality outcomes differ significantly for core and non-core country-groups in the European economic and monetary union, which have so far realised very different distributional costs and benefits from the integration process. These are crucial issues for policy-makers, not just for the European economic and monetary union member states, but for other countries as well, especially the European Union countries that are expected to adopt the euro currency in the future. This is so in terms of their attempts to look for, design and implement policies, which alleviate rather than exacerbate within-country inequality.