A keyword on the footer: the Furtadian and the (re)current meaning of structural reforms

ABSTRACT A semantic change has occurred in the scope of structural reforms’ term. This article reviews Celso Furtado’s work, in particular, the ones related to this specific topic, and compares it with the current literature. It appears that structural reforms in the Furtadian conception connoted base transformations and were guided by the developmentalism school of thought. Nowadays, it is of general knowledge that, under the new-institutionalist influence, “structural reforms” are associated with liberal policies for monitoring fiscal consolidations, without consensus as to the power of effectiveness. The effort to rescue and understand the original conceptions of certain keywords in the economic development literature, as well as the way in which their interpretations and practices modify over time, is shown to be of paramount importance as the capitalist system struggle to find ways of adapting itself to the current situation of developing economies.

The Political Economy of Industrialization in Sub-Saharan Africa: Evaluating the Role of Institutions

Sub-Saharan Africa has recently witnessed rising growth rates, but the continent is still largely not industrialised. Mainstream empirical diagnosis has identified the paucity of physical and human capital as the main culprit. However, with the increasing inflow of capital into the continent, such arguments have become hackneyed. A possible culprit identified in the evolving development literature is the quality of institutions. How much has the quality of institutions, structured largely by the prevailing political economy of individual states, influenced Africa’s industrial performance? This study deploys descriptive and analytical methodologies to proffer answers to these questions. The estimates obtained from the Pool Mean Group Panel Autoregressive Distributed Lag (PMG-ARDL) as well as the Augmented Mean Group (AMG) panel estimators point strongly to the fact that institutions are bane of industrialization in Sub-Saharan Africa (SSA). Specifically, we find evidence that in the long run, regulatory quality, rule of law and control of corruption all impact the manufacturing subsector negatively and significantly. The panacea is not only within the matrix of optimal resource allocation, but must integrate the entire political and sociological process, involving governments at all levels, non-governmental organisations (NGOs) and faith-based groups.

Can you manage shocks? An investigation of career shocks on proactive career behavior: a COR theory perspective

PurposeConsiderable research has been done to link career-development strategies to career-management success, but little is known about how career shocks (CSs) relate to proactive career behavior (PCB). Furthermore, the study investigates the mediation mechanism of personal resources (i.e. perceived self-efficacy (PSE) and perceived employability (PEMP)) in the linkage between CSs and PCB using the tenets of conservation of resources (COR) theory.Design/methodology/approachUsing the survey approach, the authors recruited 322 banking professionals and validated the proposed model and hypotheses in AMOS.FindingsThe outcome shows that CSs are significantly related to PSE and PEMP (personal resources), subsequently linked to PCB. Moreover, personal resources mediate the linkage between CSs and PCB. Thus, CSs cannot be ignored but can be minimized through proactive efforts.Practical implicationsThe findings support the banks' management to protect their personnel career by not giving CSs and build their PCB through personal resources. The employees should strive for enhancing personal resources through organizational development opportunities (i.e. training and development) to rescue themselves from sudden CSs.Originality/valueShocks cannot be ignored but can be managed through PCB. This research is the first that successfully adds to the career-development literature by empirically establishing the direct and indirect association between CSs and PCB through personal resources.

How Does Organisational ICT Implementation Affect E-Commerce Potential? Empirical Evidence from Serbia

Research Question: This study investigates both direct and indirect effects of employee ICT skills on business e-commerce potential, evaluated through e-commerce website functionality. Motivation: The study aims at expanding the existing knowledge regarding organisational ICT implementation by investigating the relation with e-commerce potential. Idea: The main idea of the paper is to understand how e-commerce potential can be improved by developing the digital skills of employees, mainly in the context of the implementation of cloud computing, portable technologies and e-commerce outsourcing. Data: A sample of 238 businesses from Serbia was considered. Responses were gathered by the Statistical Office of the Republic of Serbia, using EUROSTAT-based questionnaire. Tools: Confirmatory factor analysis and covariance-based structural equation modelling were employed for data analysis. Baron-Kenny approach was used for assessing the mediation effects in the model. Findings: Employee ICT skills showed no direct influence, but were found to have an indirect effect on e-commerce website functionality, which is manifested through organisational implementation of cloud computing and portable technologies. Findings to a certain extent suggest that certain differences between companies from transition and developing economies exist, especially regarding cloud technology adoption. Outsourcing of certain e-commerce activities showed no link with employee ICT skills, but was identified as the most influential factor in website e-commerce facilitation. Contribution: This study contributes to ICT use and e-commerce development literature, as it is the first one to investigate the direct and indirect relation between organisational ICT implementation and website e-commerce potential.

Les philosophies du hygge : entre héritage culturel et développement personnel face à la quêete hypermoderne du bien-être individuel

Hygge Philosophies: Between Cultural Heritage and Personal Development in the Face of the Hypermodern Quest for Individual Well-Being In this article, we are interested in hygge, often presented as a Danish philosophy of life. We question hygge as it is portrayed and listed in personal development literature (1). We suggest that, in the contemporary Western democratic context, hygge touches on both a part of Danish cultural heritage and a sphere of concerns typical of Western democratic hypermodernity (2). A concluding section will allow us to make some generalizations about the stakes of intellectual work in our societies in the XXIst century and the contributions that philosophers can make (3). Keywords: hygge, individualism, democracy, well-being, personal development

Sustainable Development as Freedom: Trends and Opportunities for the Circular Economy in the Human Development Literature

This paper identifies, through a literature review, how 53 circular economy (CE) practices are related to the capability approach (CA) proposed by Sen. The main goal was to identify how a virtuous cycle between CE and CA can be developed. Five instrumental freedoms (IF) were analysed: economic facilities, social opportunities, protective security, political freedoms, and transparency guarantees. These relationships were analysed in three flows: CE practices positively impacting IF, CE practices negatively impacting IF, and the feedback influence of IF on CE practices. The results show that 32 of the 53 practices previously mentioned have not yet been studied from the CA context, which indicates that there are several research opportunities. From the practices considered, 72 articles were analysed in the final sample. The results suggest that several CE practices are aligned with the CA, considering that all five IF were identified as positive outcomes of CE practices. However, in some contexts, certain practices can have negative outcomes, which indicates that CE, at least in some cases, may not be considered as sustainable, as it decreases IF and, therefore, the social aspect of sustainability. The results also highlight that there is a feedback from IF to CE, in such a way that investing in the expansion of IF can facilitate the development of CE practices. Therefore, this study concludes that CE is indeed a way to fully operationalize sustainable development.

The Causal Link Between Savings and Economic Growth in Bosnia and Herzegovina

The causal link between savings and economic growth has been extensively discussed in the economic growth and development literature, but the question of the direction of this link has not yet been clearly defined. The aim of this paper is to determine the direction and intensity of savings causality (components of private savings) and economic growth in Bosnia and Herzegovina. Granger’s causality test, the Toda-Yamamoto procedure, was applied to test for causality between savings and economic growth. The results of Granger’s causality test indicated that there is no causal link between components of private savings with economic growth in Bosnia and Herzegovina. It was found that among the variables there is cointegration, but not causality, which means that the variables have a common stochastic trend. This fully corresponds to the characteristics of the Bosnia and Herzegovina’s economy.

When we all clap together: Labour unions as agents of development for informal cremation workers in Tamil Nadu

<p>While labour unions have a history of helping lift working people out of poverty in Western countries, their place in development is unclear. Mainstream development literature typically sees their potential contribution to development to be limited and waning as they are replaced by new, more dynamic actors. This dismissal of labour unions from the development sphere appears to stem largely from their inability to effectively support workers in the informal economy of developing countries, whom are the most likely to face injustice and poverty. In order to address the question of whether labour unions can be agents for development of informal workers this thesis examines a case study of the Mayana Vettiyangal Sangam, a labour union of informal cremation workers in Tamil Nadu, India. Through semi-structured interviews with 39 members and supporters of the labour union, this thesis explores both the mechanics of the Mayana Vettiyangal Sangam and what it has achieved for its cremation worker members. It sets out to understand what strategies can be employed for informal workers to undertake collective bargaining and how effective these have been at delivering livelihood improvements for the cremation workers in Tamil Nadu. It also assesses both the functions of the Sangam and what it has achieved, against three principles of ‘good development’ – participation, sustainability and equity. The findings show that through a mixture of innovative strategies the cremation workers in Tamil Nadu have been able to achieve some livelihood improvements and do so in a manner which is both participatory and equitable. It suggests that despite challenges, labour unions can be agents of development for informal workers and their potential contribution to development should not be overlooked.</p>

When we all clap together: Labour unions as agents of development for informal cremation workers in Tamil Nadu

<p>While labour unions have a history of helping lift working people out of poverty in Western countries, their place in development is unclear. Mainstream development literature typically sees their potential contribution to development to be limited and waning as they are replaced by new, more dynamic actors. This dismissal of labour unions from the development sphere appears to stem largely from their inability to effectively support workers in the informal economy of developing countries, whom are the most likely to face injustice and poverty. In order to address the question of whether labour unions can be agents for development of informal workers this thesis examines a case study of the Mayana Vettiyangal Sangam, a labour union of informal cremation workers in Tamil Nadu, India. Through semi-structured interviews with 39 members and supporters of the labour union, this thesis explores both the mechanics of the Mayana Vettiyangal Sangam and what it has achieved for its cremation worker members. It sets out to understand what strategies can be employed for informal workers to undertake collective bargaining and how effective these have been at delivering livelihood improvements for the cremation workers in Tamil Nadu. It also assesses both the functions of the Sangam and what it has achieved, against three principles of ‘good development’ – participation, sustainability and equity. The findings show that through a mixture of innovative strategies the cremation workers in Tamil Nadu have been able to achieve some livelihood improvements and do so in a manner which is both participatory and equitable. It suggests that despite challenges, labour unions can be agents of development for informal workers and their potential contribution to development should not be overlooked.</p>