Dependency, Disarticulation, and Denominator Effects: Another Look at Foreign Capital Penetration

Dixon, William J.; Boswell, Terry

doi:10.1086/230956

Cited by 218 publications

(219 citation statements)

References 11 publications

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“…For example, domestic capital formation is found by a number of researchers to produce a highly significant and positive impact on the economic development of both core and peripheral nation-states (e.g., Jaffee 1985;Dollar 1992;Firebaugh 1992;Dixon and Boswell 1996;Soysa and Oneal 1999;Clark 2010). Somewhat consistent with this literature, the baseline model of this investigation shows that domestic investment's coefficient is positive and nearly 1.4 times larger than its standard error.…”

Section: Discussionmentioning

confidence: 99%

Is Tariff Reduction a Viable Strategy for Economic Growth in the Periphery? An Examination of Tariff Interaction Effects in 69 Less Developed Countries

Kwon

2013

JWSR

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Conventional economic wisdom maintains that the reduction of domestic import restrictions assists in the developmentKeywords: tariffs, trade policy, economic growth, less developed countries, peripheral development, political economy, world-economy, world-system theory Conventional economic wisdom generally maintains that free trade is a major engine of world development. More importantly, open economic policies are considered especially important for less developed countries (LDCs) given their propensity to assist in the transfer of technology, the diffusion of know-how, and the exploitation of comparative advantages (Delong and Summer 1993;Grossman and Helpman 1994;Sachs and Warner 1995). This belief is apparent in work of prominent economists and in the policy prescriptions endorsed by the world's most influential global governance institutions. Indeed, there seems to be a widely held supposition that trade liberalization is the only way the developing world can escape from the bondage of 1 Acknowledgements: The author thanks Christopher Chase-Dunn and Anthony Roberts for their comments on previous iterations of this article. Jackie Smith (the editor) and three anonymous reviewers also provided useful suggestions that greatly enhanced the quality of this paper.

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Section: Discussionmentioning

confidence: 99%

Is Tariff Reduction a Viable Strategy for Economic Growth in the Periphery? An Examination of Tariff Interaction Effects in 69 Less Developed Countries

Kwon

2013

JWSR

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“…Throughout history various approaches have been found to stimulate growth, from mercantilist protectionism of the sixteenth to eighteenth centuries, to command economy of socialism, to embedded autonomy that drove the growth of the Asian Tigers, among others (Bandelj & Sowers 2010). Moreover, much research in the sociology of development, adopting world-systems and dependency theoretical lenses points to negative consequences of foreign investment (Dixon & Boswell 1996;Kentor 1998Kentor , 2001de Soysa & Oneal 1999;Alderson & Nielsen 2002;Beer & Boswell 2002;Alderson 2004;Mahutga & Bandelj 2008). Further, recent studies on the link between FDI and growth have actually found a negative relationship (Herzer 2012;Curwin & Mahutga 2014).…”

Section: The Interplay Of Neoliberal Globalisation and Postsocialist mentioning

confidence: 99%

Signalling Demand for Foreign Investment: Postsocialist Countries in the Global Bilateral Investment Treaties Network

Bandelj

Mahutga

Shorette

2015

Europe-Asia Studies

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A unique dataset on bilateral investment treaties provides a novel source of evidence on the link between neoliberal globalisation and market transition. We argue that postsocialist countries of Europe and Eurasia, more than other developing regions in the world, signed such treaties to signal demand for foreign investment in the spirit of neoliberalism. We calculated the density of the whole BIT network since its inception in 1959 to 2009, and density and centrality of different regional blocks within it, and found strong support for our argument. Yet, even if bilateral investment treaties are designed to promote foreign direct investment, dynamic panel regression models show that signing them does not automatically translate into foreign direct investment inflows for postsocialist European and Eurasian countries in the 1990-2010 period.

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“…They are not "flat" spaces of international exchange; instead they are defined by macro (state-to-state) relationships between countries as well as by the microinteractions that occur between foreigners and locals, which are further defined by 3 Imports often stay confined within these areas; however, locals are also sometimes able to partake in these goods and services in small doses-as is in the case of the SBFZ. 4 Similarly, the construction of SEZs is one way countries try to attract foreign direct investment (FDI), which has consequences for national development-though the benefits and consequences are debated-and the meanings associated with SEZs differ depending on local context (FIAS report 2008;Evans and Timberlake 1980;Dixon and Boswell 1996;Rondinelli 1987;Fernandez-Kelly 1989;Lee 1995 Social science research has a long history of investigating forms of international exchange. For example, global cities are financial command and control centers; they are city nodes created by, and dependent on, an international economic network (Sassen 2001(Sassen [1991Friedmann 1986;Friedman and Wolff 1982).…”

Section: Global Borderlands: a Definitionmentioning

confidence: 99%

Global borderlands: a case study of the Subic Bay Freeport Zone, Philippines

Reyes

2015

Theor Soc

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Abstract:By developing the concept of "global borderlands"-semi-autonomous, foreigncontrolled geographic locations geared toward international exchange-this article shifts the focus of globalization literature from elite global cities and cities on national borders to within-country sites owned and/or operated by foreigners and defined by significant social, cultural, and economic exchange. I analyze three shared features of these sites: semi-autonomy, symbolic and geographic boundaries, and unequal relations. The multimethod analyses reveal how the concept of global borderlands can help us better understand the interactions that occur in the contemporary era of globalization across people of different nationalities, classes, and races/ethnicities as well as the complex dynamics that occur within foreign-controlled spaces. I first situate global borderlands within the literatures of global cities and traditional borderlands. Next, I use the case study of Subic Bay Freeport Zone (SBFZ), Philippines to show (1) how the semiautonomy of global borderlands produces different regulations depending on nationality, (2) how its geographic and symbolic borders differentiate this space from the surrounding community, and (3) how the semi-autonomy of these locations and their geographic and symbolic borders reproduce unequal relations. As home of the former U.S. Subic Bay Naval Base and current site of a Freeport Zone, the SBFZ serves as a particularly strategic research location to examine the different forms of interactions that occur between groups within spaces of unequal power. (Frank 1973;Prebisch 1959;Singer 1949; Chase-Dunn and Grimes 1995; Wallerstein 2004). By definition, these approaches ignore sites of significant international or intercultural exchange and interaction that occur outside these elite spaces.In contrast, scholarship on frontiers, borders, and borderlands recognizes how inequalities are reproduced in places that cross international or intercultural boundaries (Alvarez 1995; Donnan and Wilson 1999). However, we know surprisingly little about how inequalities are maintained and reproduced in spaces that are based on cultural, social, and economic interactions beyond these particular locales and those that occur within foreign-controlled spaces. Examining unequal interactions-namely, those among foreign visitors, local visitors, and local workers in institutionalized, semi-autonomous 1 I am aware of the disputes regarding whether it is within-or between-country inequality that is rising. I use "societies" here to demonstrate that there is an increasing divide between the rich and poor, whether the unit of analysis is within-or between-countries. Global borderlands 5 Global borderlands: A definitionGlobal borderlands are semi-autonomous, foreign-controlled geographic locations geared toward international exchange. By "international exchange" I mean the combination of social, cultural, and economic exchanges and interactions, since each cannot be divorced from the others. Economic exchanges are roo...

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Dependency, Disarticulation, and Denominator Effects: Another Look at Foreign Capital Penetration

Cited by 218 publications

References 11 publications

Is Tariff Reduction a Viable Strategy for Economic Growth in the Periphery? An Examination of Tariff Interaction Effects in 69 Less Developed Countries

Is Tariff Reduction a Viable Strategy for Economic Growth in the Periphery? An Examination of Tariff Interaction Effects in 69 Less Developed Countries

Signalling Demand for Foreign Investment: Postsocialist Countries in the Global Bilateral Investment Treaties Network

Global borderlands: a case study of the Subic Bay Freeport Zone, Philippines

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