institutional capital
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2021 ◽  
pp. 147821032110497
Author(s):  
Thomas Benz

Murat Adam is head of policy and curriculum for the European ministry of education. Political pressure is rising. Media channels across the European federation are labeling the continent as the most recent member of the education periphery. In Mr Adam’s world, curricular authority transpires from the big 3, the North American Union (NAU), China, and Russia. Credibility and endorsement are educational currencies—institutional capital as Bourdieu once defined it, reigns. Mr Adam’s battle is already lost, member states of the European federation have lost their educational means of production, but he cannot afford to admit that. European teachers’ credentials increasingly force graduates into care taking jobs at digital day cares. These are a response to US teachers’ and practitioners’ revolts of the late 20s, linked to perceived multisensory impoverishment of digitally schooled children. Just like in South Asia, Africa, and South America, digital day cares merely provide the digital and social framework and setup K-12 students to listen to internationally accredited professionals teach from China, Russia, and the NAU. Day and night shifts are common. He knows that the European federation lost the contest, by the time it decided not to invest into its own internet infrastructure. The educational first world’s curricular authority would not have been possible without the three nations’ proprietary server architecture, which commodified bandwidth and connectivity. The internet of the past is nothing more than a front for the three de-facto mutually exclusive digital ecosystems, provided by China, the NAU, and Russia.


2021 ◽  
pp. 919-992
Author(s):  
Uma Lele ◽  
Manmohan Agarwal ◽  
Brian C. Baldwin ◽  
Sambuddha Goswami

Growing differentiation among developing countries, declining capital flows and remittances, uncertain external aid, weakening global architecture, and rising China are reviewed. In 2021, developed countries, led by the United States, had begun a recovery. Considerable progress was achieved in developing countries prior to the COVID-19 pandemic in reducing poverty; infant and child mortality, stunting, wasting, anemia; increasing food security and nutrition; and improving gender empowerment. Impacts of the pandemic on the poverty–food security–nutrition–health nexus and implications for action are described. Agricultural total factor productivity growth across regions and countries shows huge differences in aggregate productivity growth performance. Countries with low growth also lagged in structural transformation. Premature deindustrialization in developing countries peaks at earlier levels of per capita GDP than for industrialized countries. All farm sizes can achieve productivity growth and success, but smallholders require the functioning of factor and product markets, with strong public policy. Productivity growth measures have not included changes in the quality or quantity of natural resources, but that is changing. Overall, the issue of low financial flows to developing countries needs to be addressed, and available resources need to be used strategically to leverage greater public and private investments to food and agriculture. Substantial investments are needed in human and institutional capital and physical infrastructure for new technologies. The G20’s contribution to the global architecture for food and agriculture has not met its potential relative to a promising early start. For 54 industrial and emerging countries monitored by the Organisation for Economic Co-operation and Development, changes in their agricultural policies offer scope for improvement in the overall policy environment and investment climate at the global level, including release of valuable resources for building better.


Author(s):  
Magdalena Maria Michalak ◽  
Aleksandra Nowakowska ◽  
Elżbieta Antczak

There is a growing consensus within both policy and academic circles, including various schools of political, legal, and economic thought, that institutions matter and that the quality of institutions and governments makes an important difference for economic development. However, while the institutional literature has extensively discussed different types of institutions and their importance, only a few quantitative measures of formal institutions and their quality are available. What is more, most analyses referring to the quality of public institutions concern the national or regional level and the issue at the local level is relatively understudied. The purpose of the article is to fill this gap in two ways. The first one is to identify territorial differentiation of the quality of public institutions at the local level in Poland; the second one, to explain the reasons of the differentiation of institutional capacities in the context of historical, cultural, and social factors. The research has shown that the quality of public institutions is highly related to historical circumstances. However, although their impact is strong, the historical conditions are definitely not the only factor influencing local institutional capital in Poland, as they appear to be deeply affected also by the level of urbanization and the degree of human capital.


2021 ◽  
Vol 6 (15) ◽  
pp. 209-217
Author(s):  
Tolga KABAŞ

The institutional capital of a country affects the economic performance and development level of the country. However, most developing countries do not have the will and capability to choose efficient economic/political institutions. In addition, developing countries can not realize a high quality development due to the democratic deficits present in the country. It is shown that the quality of development increases with democratic governments. Democratic countries are even more successful in combating poverty and achieve a high quality develoment. However, there is democratic governments in most developing countries today, income inequality and poverty have reached incredible proportions. The most important reason for this is the democratis deficits and the failures in the implementation of democratic responsibility. In these developing countries, since the rulers are not always sensitive to the demands of ordinary citizens, high levels of corruption, limited freedoms,violations of human rights, children labour, gender inequality and violations of women's rights are observed. In this study, the relationship between the choice of efficient institutions, the democracy and development tried to be illuminated by referancing from important development sources.


Empirica ◽  
2021 ◽  
Author(s):  
Michael Getzner ◽  
Serhiy Moroz

AbstractThe territorial capital approach is used to investigate the economic development of regions in Ukraine in an empirical model. In addition to ‘traditional’ models of regional development, potentially important variables for economic growth, such as elements of social and societal capital (e.g., trust, corruption, non-profit organizations, libraries), are included. Furthermore, the effects of the military conflicts in Ukraine on regional development are described. The empirical results suggest that—while there are no clear-cut effects of all elements of the territorial capital—some interesting variables are of significant importance for the regional development in Ukraine. For instance, strengthening the cultural and social, as well as institutional capital as parts of the overall governance structure, may have positive effects on regional development equal to those originating from hard infrastructure, such as roads and railroads. The results also indicate that—besides the devastating effects of the military conflicts—there is a range of options for public policies supporting territorial capital. These policies include the provision and implementation of robust legal frameworks to increase trust and to reduce corruption, the support of educational efforts and the institutions of civil society, and the promotion of local (i.e. municipal) investments in the framework of a foundational economy.


2021 ◽  
Vol 13 (17) ◽  
pp. 9726
Author(s):  
Angeliki Paidakaki ◽  
Richard Lang

This paper analyzes social sustainability in the context of urban housing through the lens of institutional capital. It examines how civil society housing actors co-construct bottom-linked governance arrangements by interacting endogenously with peers and exogenously with institutional actors, such as public housing agencies and elected officials, in order to steer, as housing alliances, socially sustainable residential developments. The paper thus offers an answer to the following two research questions: (1) What are internal governance features that characterize such civil society housing alliances? (2) What are their strategies of interaction with institutional actors in order to promote social sustainability and thus counter exclusionary patterns in urban housing systems? Empirical evidences are drawn from two civil society housing alliances in Austria, ‘BAWO’ (a national alliance of homelessness NGOs) and the ‘Initiative Collaborative Building & Living’. During three research stays in Vienna between 2014 and 2020, data was collected through semi-structured interviews and focus groups with leaders and members of housing alliances, interviews with key institutional stakeholders and web research. By reflecting on the institutional and relational character of the two housing alliances and digging out their potential and limitations in promoting different elements of social sustainability, our paper concludes that social sustainability in housing systems can be realized when it is set as a societal ambition sufficiently politicized by major parties involved in housing systems (housing alliances, governmental authorities of all ideological backgrounds, large non-profit housing developers) that collectively guarantee housing affordability and socio-spatial equity for all.


Al-Muzara ah ◽  
2021 ◽  
Vol 9 (1) ◽  
pp. 45-69
Author(s):  
Amirah Firas Mufidah ◽  
Laily Dwi Arsyianti ◽  
Ibdalsyah

Business model innovation of a company is a form of adaptation to the current economic turmoil to determine competitive advantage. To deal with this, PT HPA Indonesia or Halal Network International (HNI) which is based on the Muslim crowd and consistently is considered to be developing and getting the leading position must be able to survive in the middle of challenging market. The purpose of this research is to analyze the strategy of sustainable competitive advantage for HNI as sharia crowd business firm. The mixed method approach was carried out using literature studies, guided interviews, and online questionnaires for certain experts. The data processing technique used in this research is ANP (Analytical Network Process) to involve the analysis of the relationship between the network elements. The results of this research indicate that effective strategy is the right strategy for sustainable competitive performance. This strategy focuses on developing resource capital. The three elements with the lowest priority in this pride strategy model are reputation & quality control, technology & buyer fulfillment and sales of product content. By combining institutional capital and resource capital, a sustainable competitive advantage can be achieved by focusing performance on the subfactors of corporate image and leadership.


Impact ◽  
2021 ◽  
Vol 2021 (2) ◽  
pp. 65-67
Author(s):  
Nobuhito Ochi

Incorporating the dynamics of capital markets into the driving force, starting from comparable ESG (environmental, social and governance) information, will contribute to the circulation of the ecosystem that connects business and a sustainable society. Professor Nobuhito Ochi, Department of Policy Studies, Shobi University, Japan, is deepening research toward the realization of an ESG ecosystem, with a basic perspective of improving market discipline for corporate activities related to ESG and leveraging the improvement of comparability of non-financial information. Ochi's work comprehensively examines the externalities of social common capital held by modern society, and uses the thinking framework of incentive analysis as a methodological foundation, and aims to develop interdisciplinary disclosure theory to improve inefficiency caused by asymmetry of information. Measures that would contribute to the realization of social value under a framework that utilizes disclosure discipline, in order to draw out incentives for coping with the cause for externality control related to natural capital, social capital (culture and community) and institutional capital (finance and audit).<br/> Ochi is conducting research that involves looking at a broad range of corporate activities surrounding disclosure theory, ESG and AI, including lead companies to an ideal ESG information disclosure process through the utilization of AI. This work includes looking at how companies can buffer communities from the negative aspects of a corporation's activities and exploring the disclosure of information including social, natural and institutional capital. Ochi has presented a theory of corporate disclosure and a theory of assurance of non-financial information that allows for better control of costs and benefits that are social common capital rather than financial capital. The theory operates under a framework that uses the discipline of disclosure and contributes to the realization of social value and, ultimately, Ochi is seeking to help build a financial and economical society that contributes to societal wellbeing.


KOME ◽  
2021 ◽  
Vol Online first ◽  
pp. 1-16
Author(s):  
Manuel Goyanes ◽  
Márton Demeter

Pursuing excellence is a legitimate ambition of many scholars worldwide. However, between wishful thinking and real facts lies a great leap that can only be bridged using a myriad of resources. We label these the excellence repertoire. Based on 25 interviews with successful communication scholars, we show the key role of accumulating social, economic, and institutional capital in shaping the excellence repertoire. The study argues that the fetishization of productivity might jeopardize the traditional ethos of science, in a context where research excellence may be disconnected from the quality of education.


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