Problems of psychological and sociocultural adaptation among Russian speaking immigrants in New Zealand

The problems immigrants experience during the process of their psychological and sociocultural adaptation to the host culture have far-reaching effects in terms of mental health, employment and lost benefits for the whole society. General models of the acculturation process (Ward 1996) and acculturation strategies (Berry 2001) provide a basis for the analysis of those problems. The current study employed a qualitative, case-oriented design, based on the grounded theory method to analyse interviews with six Russian-speaking immigrants in New Zealand. The purpose of the study was to investigate, from a psychological perspective, the problems in adaptation as a result of migration and resettlement, and the factors that influence this process. Two distinct patterns were revealed, linked to acculturation strategies of integration and separation. All the participants experienced high levels of psychological distress in the initial stage of their resettlement, but those who later chose the integration strategy of acculturation were more successful and satisfied with their adaptation than those who chose the strategy of separation. Factors contributing to the process of adaptation were migration motivation, proportion of perceived gains and losses, and cultural identity. This study has implications for social policies in the areas of employment, education and mental health.

Wandering Rocks : truth and purity in the Australian Irish diaspora

This thesis comprises a novel, Wandering Rocks, and a discursive component concerning the Australian Irish diaspora. Diaspora theory, loss of culture, rememory and silence (especially around accounts of Irish women), sentimental and creative forces perpetuating identity, and the importance of written works as artefacts imbued with ;milieu effects' are explored.

A resource-based view of small export firms' social capital in a Southeast Asian country

This study empirically examines the social capital that facilitates the flow of export knowledge, thereby supporting the entrepreneurial stance of small export firms. By applying the VRIO (value, rarity, inimitability and organisation of firm resources) framework to the resource-based view (RBV) of the firm, this study suggests that superior performance is a function of resources that are valuable, rare, inimitable and sufficiently organised to develop and sustain the firm's competitive advantage. This study argues that small, resource-constrained export firms in a developing economy are able to adopt entrepreneurial tactics and reap positive rates of return by exploiting their relational capital to acquire export knowledge. A survey of 175 small export firms in the Philippines was conducted, and the data were analysed using structural equation modelling. The results suggest positive relationships between the firm's social capital and export knowledge. Export knowledge is associated with entrepreneurial orientation, which then correlates with export performance.

Architecture, identity and cultural sustainability in contemporary Southeast Asian cities

Distinctive architecture, which once served to identify peoples and places, has now, across the world, been subject to the standardising forces of history. Built environments still reflect the conceptual, spatial and physical construction of communities, though straightforward correlations between particular forms of architecture, places and people can no longer be taken for granted. This article explores these notions through discussion of several Southeast Asian examples, seeing how the relationship between architecture and culture might be framed by each of them, and then how definitions of culture might be differently expressed depending on each context. The first context is the village. Here, recent buildings are produced within a traditional, rural culture, generally without recourse to architects. Indigenous symbolism is overlaid, but not necessarily subsumed, by imported typologies and ideologies. The second context is urban and more formalised and involves self-conscious architectural attempts to straddle tradition and modernity, as well as notions of broader collective identity. The third context is one of a more diffused globalisation. Issues of conservation and heritage are complicated by the imperial or colonial histories of many urban environments, as well as by the pressures of economic development and population growth. In cultural terms, however, it is the life of cities that is foregrounded here. This disparate collection of architectural projects and agendas reflects a region where the forces of essentialism and fragmentation continue to be in creative tension (Ashraf 2005).

Volatility spillover between New Zealand stock market returns and exchange rate changes before and after the 1997 Asian financial crisis

Researchers in the last decade have been investigating the interdependence of stock returns and exchange rate changes within the same economy. Kanas (2000) and Yang and Doong (2004) find that for the G-7 countries, in general, the volatility of the stock market spills over to the exchange rate market but that volatility spillovers from the exchange rate market to the stock market are insignificant. Chen, Naylor, and Lu (2004) find that NZ individual firm returns are significantly exposed to exchange rate changes. This study complements their work by investigating the volatility spillover between the stock market and the foreign exchange market within the NZ economy.

A heuristic approach to Asian hedge fund allocation

The article offers information about hedge funds, which refers to pooled investments that are privately organized and professionally managed by investment managers. It examines the statistical properties of the 70 Asian hedge funds and shows the inappropriateness of the traditional mean-variance optimizer to form optimal hedge fund portfolios. The article also introduces a practical heuristic approach using the senti-variance as a measure for downside risk, and describes the risk measures and the methodology to generate optimal hedge fund portfolio.