International remittance rails as infrastructures: embeddedness, innovation and financial access in developing economies

Rodima‐Taylor, Daivi; Grimes, William W.

doi:10.1080/09692290.2019.1607766

Cited by 38 publications

(10 citation statements)

References 44 publications

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“…To obtain the economic intensity of agglomeration similar to that of the world's top cities in the financial field, Shanghai's spatial structure needs to be more concentrated, and its economic density needs to be more complex [34]. Rodima and Grimes analyze the latest developments of international remittances in developing countries from the perspective of infrastructure, which reveals essential junction points between diverse money transfer pathways and institutions, depicting their spatial configuration and relationality as well as their potential to affect power differentials, and allowing for a socially embedded view of digital disruption [35].…”

Section: Introductionmentioning

confidence: 99%

Spatial Interaction Spillover Effects between Digital Financial Technology and Urban Ecological Efficiency in China: An Empirical Study Based on Spatial Simultaneous Equations

Yang

2021

IJERPH

116

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As a core component of the digital economy, digital financial technology has a complex interactive and interdependent relationship with ecological efficiency. From the holistic spatial interaction perspective, this paper uses spatial simultaneous equations and generalized spatial three-stage least squares (GS3SLS) to analyze the spatial interaction spillovers between digital financial technology and urban ecological efficiency based on data from 284 Cities in China from 2008 to 2018. The results show that: (1) Digital financial technology and urban ecological efficiency promote each other, and the latter is relatively dominant. (2) Both digital financial technology and urban ecological efficiency have significant spatial spillover effects. (3) Digital financial technology in surrounding cities has a restraining effect on local ecological efficiency, and the improvement of ecological efficiency in surrounding cities has a siphon effect on local digital financial technology. (4) There is spatial and period heterogeneity in the intensity of the spatial interaction spillover effect between the two. With resources and environment increasingly becoming rigid constraints on economic growth, these findings help identify new drivers of regional ecological efficiency and promote the coordinated development of digital finance and green ecology.

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Section: Introductionmentioning

confidence: 99%

Spatial Interaction Spillover Effects between Digital Financial Technology and Urban Ecological Efficiency in China: An Empirical Study Based on Spatial Simultaneous Equations

Yang

2021

IJERPH

116

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“…Digital technologies being applied in complex and evolving environments both shape and are shaped by diverse human, material, and normative elements (Bernards and Campbell‐Verduyn, 2019). Heterogenous assemblages combine local inventive practices and cultural repertoires related to new technology solutions with old and new infrastructural pipelines and institutional actors (Rodima‐Taylor and Grimes, 2019). The integration of new technologies into multi‐stakeholder efforts to address sustainability challenges must be understood within the longer‐standing patterns of private authority, experimentalism, and struggles to cope with informal economies in global governance.…”

Section: Suggestions For Research and Policymentioning

confidence: 99%

Interrogating Technology‐led Experiments in Sustainability Governance

et al. 2020

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Solutions to global sustainability challenges are increasingly technology-intensive. Yet, technologies are neither developed nor applied to governance problems in a socio-political vacuum. Despite aspirations to provide novel solutions to current sustainability governance challenges, many technology-centred projects, pilots and plans remain implicated in longer-standing global governance trends shaping the possibilities for success in often under-recognized ways. This article identifies three overlapping contexts within which technology-led efforts to address sustainability challenges are evolving, highlighting the growing roles of: (1) private actors; (2) experimentalism; and (3) informality. The confluence of these interconnected trends illuminates an important yet often under-recognized paradox: that the use of technology in multi-stakeholder initiatives tends to reduce rather than expand the set of actors, enhancing instead of reducing challenges to participation and transparency, and reinforcing rather than transforming existing forms of power relations. Without recognizing and attempting to address these limits, technology-led multi-stakeholder initiatives will remain less effective in addressing the complexity and uncertainty surrounding global sustainability governance. We provide pathways for interrogating the ways that novel technologies are being harnessed to address long-standing global sustainability issues in manners that foreground key ethical, social and political considerations and the contexts in which they are evolving.

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“…As digital technologies evolve, their capital needs tend to grow with the need for more powerful computers and network effects will increasingly come into play. There is also increasing evidence that blockchain‐based infrastructures, such as payment rails for migrant remittances, tend to combine with and remain dependent on already existing local payment infrastructures and socio‐culturally specific ‘last mile’ dynamics (Rodima‐Taylor and Grimes, 2019). Nevertheless, the extent to which digital technologies promote (de)centralization needs to be actively considered to understand the regulatory challenges that they can present for public regulators.…”

Section: Economic Regulations In a Digital Worldmentioning

confidence: 99%

Global Regulations for a Digital Economy: Between New and Old Challenges

et al. 2020

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Digital technologies are often described as posing unique challenges for public regulators worldwide. Their fast-pace and technical nature are viewed as being incompatible with the relatively slow and territorially bounded public regulatory processes. In this paper, we argue that not all digital technologies pose the same challenges for public regulators. We more precisely maintain that the digital technologies' label can be quite misleading as it actually represents a wide variety of technical artifacts. Based on two dimensions, the level of centralization and (im)material nature, we provide a typology of digital technologies that importantly highlights how different technical artifacts affect differently local, national, regional and global distributions of power. While some empower transnational businesses, others can notably reinforce states' power. By emphasizing this, our typology contributes to ongoing discussions about the global regulation of a digital economy and helps us identify the various challenges that it might present for public regulators globally. At the same time, it allows us to reinforce previous claims that these are importantly, not all new and that they often require us to solve traditional cooperation problems. Over the years, many have argued that digital technologies pose unique regulatory challenges for states (Fraundorfer, 2017; Herrera, 2002; Schwab, 2017). Their fundamental fastpace and transnational nature are broadly construed to be incompatible with the relatively slow and territorially bounded public regulatory processes. In addition, it is argued that the greater ability of private companies to conceal or move their activities in the digital realm means that

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International remittance rails as infrastructures: embeddedness, innovation and financial access in developing economies

Cited by 38 publications

References 44 publications

Spatial Interaction Spillover Effects between Digital Financial Technology and Urban Ecological Efficiency in China: An Empirical Study Based on Spatial Simultaneous Equations

Spatial Interaction Spillover Effects between Digital Financial Technology and Urban Ecological Efficiency in China: An Empirical Study Based on Spatial Simultaneous Equations

Interrogating Technology‐led Experiments in Sustainability Governance

Global Regulations for a Digital Economy: Between New and Old Challenges

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