Shenzhen in China's Financial Center Networks

Shenzhen, China, aspires to be an international financial center; however, its financial sector occupies an anomalous position in China's networks. The sector is tightly integrated into mainland networks, and Shenzhen's local banks provide access to Hong Kong's networks. Nonetheless, the city's proximity to Hong Kong, the Asia‐Pacific center of financial networks, confers few incremental benefits compared to those received by other mainland centers. The proposed Qianhai financial district, which is to be a laboratory for opening China's capital accounts, does not differentially boost Shenzhen because other financial centers will be allowed to experiment. A network theory of financial centers provides the explanatory framework for interpreting Shenzhen in China's financial center networks. Empirical analyses focus on Shenzhen's network ties with the Mainland and with Hong Kong. Shenzhen's future rests on the capacity of its financial firms to participate in the networks of South China, as well as to operate across the Mainland.     

Occupational health and safety of merchant seafarers from Kiribati and Tuvalu

Intensifying international competition in the shipping industry in response to global pressures makes seafarers' jobs increasingly difficult. Challenging conditions in ship employment are problematic, particularly in a development context where home communities' dependence on seafarers' income is high and social protection is low. Qualitative fieldwork revealed that seafarers from Kiribati and Tuvalu endure exceptionally lengthy work periods at sea to remain competitive. Absence from home while working in constrained and mobile spaces with multinational crews, frequent security controls and speedy turnarounds impacting on sleep deprivation and decreased shore time have implications for physical and emotional health and can become safety matters. Hence, there is a growing need to address mechanisms to protect seafarers from the physical and emotional effects of global demands in the shipping industry.     

World cities and peripheral development: The interplay of gateways and subordinate places in Argentina and Ghana’s upstream oil and gas sector

Serving as “gateways”, some world cities tie their wider hinterlands to global networks. The article revisits gateway–hinterland relations against the backdrop of assessments that lead to opposed conclusions on the benefits and shortcomings of integration into the world economy. Referring to the oil and gas sector in Argentina and Ghana, it answers the question of how gateways interact with subordinate places and also uncovers obstacles to peripheral development. The author finds that Accra and Buenos Aires concentrate corporate control. Argentina's capital serves as a gateway for knowledge generation and logistics too. Opportunities for peripheral development in both countries are considerable, albeit largely limited to generic services. Besides a certain concentration of business activities in the gateway cities, more important challenges to peripheral development are typical for small and medium enterprises (insufficient finance and management capabilities, unawareness of business opportunities, and the like). They include rent seeking and subcontracting. The latter leaves local companies in a particularly weak position vis‐à‐vis lead firms. The author argues that while integration into the world economy allows for peripheral development, the corresponding outcomes may not meet everyone's expectations. Related expectations must, therefore, be more down‐to‐earth than overly optimistic statements frequently made by politicians.     

On the colonial margins and in the global hotspot: Park–people conflicts in highland Thailand

Abstract: Forest resource management in Thailand bears the mark of its historical position on the margins of colonial power and its present position in a biodiversity hotspot. During the colonial era, British forestry in Burma and India had a fundamental influence on the knowledge and techniques used in Thai forest management. More recently, international conservation agendas and organisations have influenced the ways in which the Thai government regulates the forest within its boundaries. The treatment of forests as a national and international resource, defined in interaction with colonial neighbours and global partners, has resulted in legal constructs, spatially simplistic conservation mechanisms and a conception of nature ill‐suited to managing forests as a local resource. This paper investigates the manifestation of Thailand's historical legacy in local park‐people conflicts by drawing on research conducted in a region where the government is establishing a national park. It finds that the continued use of laws, tools and concepts derived from colonial and global influences undermines the forestry department's ability to address the contemporary challenge of managing forests as a local, as well as a national/global, commons.     

Working overseas: Seafarers’ remittances and their distribution in Kiribati

Abstract: Remittances sent home by seafarers employed on international merchant and fishing ships are a significant income component for the Kiribati economy, with immediate benefits for families and communities. This paper explores the strategies used and the amounts sent by seafarers to their family members by drawing on different data sets, such as remittances data kept in the form of allotment lists by employment agencies, and comparing these with interview responses from seafarers and their families. Remittances are spread throughout extended families and communities firstly via direct allotments sent to individual bank accounts, and secondly through channels of family and community obligations. This paper shows that the general flow of seafarers’ remittances into Kiribati is continuous and has increased over the years with more people engaged in seafaring employment. Families, however, were found to be dependent on individual decisions made by seafarers of how to share their remittances. Kiribati has no institutionalised social welfare system, and as a consequence remittances function as a private safety net for seafarer families.     

Creating community‐based indicators of gender equity: A methodology

It appears that an almost unquestioned development pathway for achieving gender equity and women's empowerment has taken centre stage in mainstream development. This pathway focuses on economic outcomes that are assumed to be achieved by increasing women's access to material things, including cash income, loans, physical assets, and to markets. Gender equity indicators, which measure progress towards these outcomes, cannot escape reinforcing them. We argue that far from being neutral, indicators are embedded in political and ideological agendas that serve as guides to the appropriate conduct of those whose performance or behaviour is being measured. Drawing on participatory feminist, diverse economies and strengths based approaches, we outline a research methodology for developing community‐based indicators that recognises women's and men's participation and relationships in all spheres of life, including the ‘non‐economic’. If indicators are grounded in local meanings and realities, we propose that community members can use them to identify aspirational goals for gender equity, and measure progress towards these goals.     

Guam culture,immigration and the US military build‐up

The island of Guam, located at a strategic aquatic cross‐roads in the Pacific, is undergoing changes that will greatly impact the local population and culture. This study investigates the concerns and perceptions of local Guam people regarding recent changes in US policy. The impending build‐up of the US Military and the recent opening of Guam to immigration are explored through a historic contextual analysis of current events along with a survey of the island population. The survey results indicate that positive feelings towards the build‐up were lower than what may have been expected from public discourse and uncertainty considerably greater than what have been expected from public discourse. Views varied by age and by income, with the youth and middle class the least optimistic. The build‐up was viewed overall as good for the island's economy and bad for the island's culture. Concerns over the build‐up, as well as incoming immigrants were based on access to already strained island resources rather than ethnic or racial bias. Unexpectedly, little variation existed among the attitudes of the diverse ethnicities that form Guam's unique ‘Guamanian’ culture.     

The Changing Geography of Domestic Financial City Network in China, 1995–2015

Based on longitudinal office distribution data on top domestic financial enterprises, this study explores the evolution of China's financial city network in the last two decades by means of a social network analysis. The position of each city in financial city network is evaluated from two aspects which are external financial resources attraction and headquarters financial development based, respectively, on urban weighted indegree and urban weighted outdegree. Taking these two aspects together, the top echelons of the financial city network can be regarded as potential national or regional financial centers. Furthermore, by means of a panel data regression analysis, determining factors of financial city network evolution are explored from perspectives of location, institution, and social‐economy. We find that most cities have witnessed significant changes in city position, especially in terms of external financial resources attraction, and the influencing factors of financial development vary by region due to the disparities in regional financial development environments.     

Tourism and transitional geographies: Mismatched expectations of tourism investment in Vietnam*

Abstract: The Vietnamese state's interaction with international capital has been influenced by the Communist Party's strategy to develop a ‘socialist market economy’ which aims to maintain the leading role of the state and its one party dominance while implementing economic reforms. This is at odds with alternatives proposed by neo‐liberal institutions such as the IMF and World Bank who favour a progression towards a more fully‐fledged market economy coupled with political pluralism. As a result, foreign investors and the Vietnamese government have had a turbulent relationship over the past decade stemming in large part from differing perceptions of a market economy and what foreign investment should entail. This paper depicts the principal issues that lay behind the restrictive policies toward foreign tour operators through a case study of their management and regulation in Vietnam throughout the 1990s. It is argued that foreign tour operators and Vietnamese tourism authorities perceive the role of international capital in tour operations quite differently. Over‐regulation has provided little space for foreign tour businesses to operate in a manner that has met their expectations, while government policies have been intent on ensuring that profits remain in the country. This paper also illustrates how social networks undermine top‐down government policy directives and allow foreign tour businesses to continue operating, albeit in a complex and insecure environment.     

‘Pasifika’ and ‘I‐Kiribati’ identity in Aotearoa New Zealand: ‘Dancing’ and ‘edge‐walking’ through multiple identities

This article explores the relationship between I‐Kiribati communities and the broader ‘imagined’ Pasifika community in Aotearoa New Zealand. It looks at the way a group of I‐Kiribati tertiary students experience identity within this context. Through the use of semi‐structured interviews and a discourse analysis, the study draws three main conclusions. First, that I‐Kiribati navigate multiple identities and are constantly negotiating these within different spaces. Although this contributes to uncertainties around identity, I‐Kiribati students also strategically enact identity to suit various contexts. Second, that Pasifika as a term tends to infer ‘Polynesian’ which in turn may marginalise I‐Kiribati identities within certain spaces, particularly in education settings that intend to support all Pacific identities. Yet, given such a narrow understanding of Pasifika, these efforts may counter that intention for those on the margins of, or outside the common usage of, the term Pasifika. Last, community plays a significant role in the formation of identities within minority groups, which is important for countering aspects of marginalisation experienced within broader pan‐ethnic labels such as Pasifika. Consequently, we argue that Pasifika as a label needs to better reflect inter‐Pacific diversity as well as the identity negotiations that Aotearoa New Zealand‐born Pacific peoples navigate.     

The comparative study of China's mega‐city regions: A perspective of competitiveness

Mega‐city regions (MCRs) have emerged as the main spatial form of China's new urbanization strategy and become the basic spatial units participating in global and regional competition. However, MCRs are not equally capable of boosting regional economic development due to their different levels of development. Therefore, this paper adopts the concept of competitiveness as both a theoretical framework and an empirical model to evaluate the development status of China's MCRs. Based on a review of the existing literature, this paper proposes a multi‐tier evaluation system to calculate the competitiveness of 13 MCRs. The chosen indicators come from the six perspectives of economic development, human resources, infrastructural accessibility, integration into the global economy, capacity for scientific and technological innovation, and sustainable development. The results show that there are great disparities and regional inequalities in competitiveness across different MCRs. The Yangtze River Delta, Pearl River Delta, and Beijing–Tianjin–Tangshan MCRs are the first‐tier MCRs with the highest levels of development and have significant global influence as well. Chengdu–Chongqing, Shandong Peninsula, South‐central Liaoning, and Wuhan belong to the second‐tier of MCRs that show partial advantages and have significant regional influence. The remaining regions belong to the third‐ or fourth‐tier of MCRs that have relatively weak competitiveness. The competitiveness of MCRs largely depends on the concentration of core elements in core cities.     

Creativity and Inequality: The Dual Path of China's Urban Economy?

Utilizing Chinese data for the years of 1998, 2000, 2005, and 2008, this research traces the growth of the creative economy and the enlarging income inequality in China's urban economy. While the creative sector now makes up close to 30 percent of China's urban private employment, industry‐based earnings disparity has also increased substantively. Provinces with larger creative economy also tend to have higher level of wage inequality among workers of the creative sector, the working sector, and the service sector. Several other factors, especially internal migration flow, size of manufacturing, and ownership structure in local economy, are found to be significantly linked to inequality as well.     

Shift‐Share Analysis and Changes in Japanese Manufacturing Employment

Shift‐share analysis is used to examine the role of spatial structure on changes in regional manufacturing employment, in contrast to the traditional focus of shift‐share studies on the role of industrial structure. It is argued that changes in a region's space‐economy can be understood not only in terms of the economic subdivisions of the region but also in terms of the contribution of its spatial subdivisions. The latter is illustrated by means of a case study of the contribution of different types of local area to changes in regional manufacturing employment in Japan. Each region was subdivided into four types of local area based on population density. The analysis covered the period from 1981 to 1995, a time of major transformation in Japan's space‐economy. The shift‐share model was also used to estimate the impact of local area output and productivity on changes in regional employment. In general, the results show that there was a progressive underdevelopment of the core regions, associated with falling output and productivity. The country's peripheral regions were characterized by development, associated with rising output and productivity. Atthe local scale, however, the picture is far more complex. Types of local area contributed to regional employment change in very different ways, with respect to both time, region, and output/productivity. The contribution of local spatial structure to the regional space‐economy of Japan is fundamentally fragmented and uneven.     

Alienation and obligation: Religion and social change in Samoa

This paper will explore social change in contemporary Samoan society with respect to the traditional expectations of the church and kinship conflicting with the modern needs of an urbanising population. In the Samoan way of life – the fa'aSamoa – religion, matai (chiefly system) and reciprocal ‘gift‐giving’ kinship arrangements among the aiga (extended family) are fundamental and closely related elements. However, pressures from continued integration into the global economy, the importance of remittance income and related migration of well‐educated and highly skilled Samoans overseas are presenting several challenges to the strongly held traditions of kinship and church obligations. Among these challenges, low‐income households are increasingly placing the material well‐being of the immediate household first, thus ‘opting out’ of the culturally defined primary obligation to the church and risk alienation from beneficial familial ties. As a result, settlement patterns are shifting towards leaseholds in urbanising Apia, with consequences, we will speculate, that may have deeper cultural implications. Our research revealed that the church has been slow to accept that, increasingly, Samoans are seeking relief from hardships that spirituality alone cannot address. However, given its influence, strengths and resources, the church is well positioned to take a lead role in facilitating opportunities for ‘bottom‐up’, alternative development in Samoa, as well as providing lessons for church‐led participatory approaches in the Pacific Island Region.     

Ethnic Conflict and Urban Redevelopment in Downtown Beirut

The concept of globalization has become almost ubiquitous in contemporaryaccounts of urban development and cultural transformations. In these accounts, questions of globalization, urbanization, and ethnicity increasingly intersect. But this burgeoning literature, while laudably integrating cultural concerns into political‐economic understandings of globalization, tends to rely on a dualistic sense of scale which treats localities as points of reaction to and resistance against global forces. Ethnicity and identity, situated in a rigid local scale, are reduced to either primordial communal sentiments or commodified symbols in the global economy. This paper advocates a conceptualization of ethnicity and locality not in opposition to the global, but in relation to social, political, and economic relationships that operate within and beyond particular spaces. These arguments are illustrated with the case of downtown Beirut. Beirut's reconstruction epitomizes the commodification of place identities. But the marketing of place identity is significant beyond the immediate investment goals of the city's investors. Indeed, this new identity and the new Beirut have been generated in a hotly‐contested terrain of sectarian allegiances and state legitimacy. The redevelopment of Beirut and the re‐creation of Lebanese identity are embedded not only in the imperatives of the contemporary global economy, but also in the troublesome legacies of a violent past and in the day‐to‐day lives of the Lebanese populace.     

The Successful Transition to a Knowledge‐Based Development Path of a Less‐Developed Region

This paper presents the case of a less‐developed EU region—the Pomeranian region of Poland—that is, an example of the successful transformation from a command to market economy and the creation of a new knowledge‐based development path thanks to the upgrading of its innovation model. This successful transformation was based, in part, on the region's specific innovation policy and the activities of pro‐innovative institutions; however, other factors were also important such as the diversified structure of the region's economy. New knowledge‐based industries have developed in the region, while the potential of traditional industries that have gone through a restructuring, has been maintained. The factors that existed prior to the innovation model's transformation included such aspects as the high quality of human and social capital, a strong academic center, a high quality of life, and an open economy and society. Supply factors in the form of qualified personnel were crucial for the growth of employment in new industries and R&D that determined the improvement of the regional GDP per capita. Moreover, the transition to a knowledge‐based economy stimulated an increase in the concentration of population in the metropolitan area of Tri‐City.     

Local geographies of globalisation: rural agglomeration in the Chinese countryside

China’s rural enterprises were responsible for 48 per cent of the $US 151 billion in exports and absorbed nearly 20 per cent of total foreign direct investment in 1996. Clearly, the significant and increasing role of rural enterprises in China’s integration with the world economy demands attention. The penetration of global capital into the rural enterprise sector and the desire of such enterprises to benefit from expansion into international markets have important implications at the local level. The impact of international, domestic and local forces on institutional and structural reforms is reflected in particular spatial outcomes in rapidly developing non‐urban regions. Local authorities have responded to external forces in ways which do not conform to the conventional expectations. Evidence from the lower Yangtze (Yangzi) delta reveals how the supposedly universalising pressures of globalisation have been mediated and adapted at the local level, particularly in terms of enterprise location and the proliferation of special zones. Expanding on the desakota hypothesis, the notion of rural agglomeration is introduced to capture the paradox of spatial economic transformation as it was linked to local circumstances, and localised responses to external pressures of globalisation.     

Development prospects in Eastern Indonesia: Learning from Oelua's diverse economy

This paper explores the effects of different representations of informal economies in Third World settings. Both the neoclassical and political economy approaches have represented the informal economy as a transient entity, and the non‐capitalist practices it comprises as being remnant economic forms, or as already capitalist. Mainstream development discourse (that reflects the neoliberal paradigm) continues to ignore the value and potential of non‐capitalist practices and to represent them as inconsequential to development outcomes. Meanwhile contemporary livelihood studies across the social sciences have documented the continuing vibrancy of different and hybrid economic forms in the Asia Pacific. In this paper, I use a diverse‐economies approach to explore the complexities of the village economy of Oelua in Rote, in the so‐called lagging region of Eastern Indonesia. Drawing on anti‐essentialist Marxist theory in economic geography, I describe the multiple, locally specific and coexisting practices that comprise Oelua's diverse economy, which include distributions of surplus labour to promote social and economic well‐being. I argue that recognising informal village economies as an important development resource could begin a process of building diverse development trajectories in Eastern Indonesia, complementing mainstream development proposals to attract foreign direct investment, shore up development assistance and source out‐migration.     

Endogenous Processes in European Regional Growth: Convergence and Policy

The traditional empirical approaches to the analysis of economic growth,cross‐section and panel data regressions are substantially uninformative withrespect to the issue of convergence. Whether national or regional economies appear to converge in terms of per capita income or productivity levels (the so‐called β‐convergence) critically depends on the way in which the empirical model is specified. Traditional specifications witness a disproportionate presence of proxies for forces leading towards divergence among the conditioning variables. It is therefore hardly surprising that these analyses find a positive and statistically significant value for the estimate of the speed of convergence. A more constructive use of cross‐section and panel data regressions is in the analysis of the determinants of growth. The present paper therefore builds on recent work on the role of different growth determinants (Cheshire and Carbonaro 1996) and analyses the growth performance of 122 Functional Urban Regions (FURs)over the period 1978–1994. This model explicitly recognizes growth as amultivariate process. In this new formulation it incorporates a spatialized adaptation of Romer's endogenous growth model (Romer 1990), developing the work of Magrini (Magrini 1997). Magrini's model originated from the view that technological knowledge has a very important tacit component that has been neglected in formal theories of endogenous growth. This tacit component, being the non‐written personal heritage of individuals or groups, is naturally concentrated in space. As a result, technological change is profoundly influenced by the interaction between firms and their local environments. The present paper reports the results of the estimation of a fully specified model of regional growth in per capita income. Particular attention is played to the role of research and development (R&D) activities, and to the influence of factors such as Universities that shape the local environments and have important policy implications. These results are then applied to quantifying the scope for policy to influence the growth process. Several simulations are presented deriving alternative growth outcomes across European regions that would have been obtained if those variables over which policy might have control—including the contribution of human capital—had had alternative values reflecting the realistic scope of policy makers' influence. The implications for convergence/divergence in regional per capita income levels are then analyzed using a Markov chain approach (Quah 1993 and 1996; Magrini 1999).     

Hierarchical Tendencies of Capital Markets Among International Financial Centers

Abstract The dramatic evolution of global finance in the last three decades has seen intensified competition among the world's major cities to become prominent control centers of global financial flows. This paper examines the spatial organization and evolution of capital markets in forty‐three world cities from 1980 to 1998. It finds evidence of the strengthening of hierarchical tendencies among world financial and capital cities as they search for ways to differentiate between themselves through financial concentration and productivity. The results also indicate a trend towards the dominance of London and New York in this financial hierarchy, and that top tier cities tend to be characterized by significantly lower levels of market and share concentrations, share trading value, and risks. Finally, important differences in ownership patterns between the capital markets are detected for the top cities of the hierarchy.