Transformation and continuity of the Argentine welfare state -- evaluating social security reform in the 1990s

Beginning after World War II, Argentina institutionalized a limited conservative corporatist welfare state where occupation-linked social insurance held a central position and social assistance had a residual character. This was called a limited conservative corporatist welfare state, because the huge population within the informal sector was excluded from the main system. A populist government supported by trade unions and the economic model of import-substituting industrialization were the background for the formation of this type of welfare state. During the 1990s, elements of a liberal regime were added to the Argentine welfare state under the reform carried out by the Menem Peronist government. However, social insurance reform and labor reform were not as drastic as the economic reform. They still retained a certain continuity from the traditional systems. The government intended to carry out more drastic social security and labor reform, but was unable to do so due to the legacy of corporatism of the Peronist government.

Democratization and Financial Reform in Taiwan: The Political Economy of Bad-Loan Creation

This study shows that many bad loans now burdening Taiwan's financial institutions are interrelated with the society's democratization which started in the late 1980s. Democratization made the local factions and business groups more independent from the Kuomintang government. They acquired more political influence than under the authoritarian regime. These changes induced them to manage their owned financial institutions more arbitrarily and to intervene more frequently in the state-affiliated financial institutions. Moreover they interfered in financial reform and compelled the government to allow many more new banks than it had originally planned. As a result the financial system became more competitive and the qualities of loans deteriorated. Some local factions and business groups exacerbated the situation by establishing banks in order to funnel funds to themselves, sometimes illegally. Thus many bad loans were created as the side effect of democratization.

Re-thinking Argentina's labour and social security reform in the 1990s : agreement on competitive corporatism

This paper will analyze the Menem administration's social policy reforms during the 1990s. Neo-liberal reforms in Argentina are well-known both in the economy and in the social arena, but in the latter we can discern the presence of tripartite negotiations. The form of such negotiations, the type of agreements reached as a result, and the background to those agreements will be discussed. We also pay attention to the concept of competitive corporatism, which was established under the increase in market competition brought about by globalization.

Post-Crisis Economic Reform in Indonesia:Policy for Intervening in Ownership in Historical Perspective

Introduction : Economic reform in Indonesia after the Asian currency crisis is often discussed in parallel with Thailand and South Korea, which were alike hit by the crisis. It should however be noted that what happened in Indonesia was a change of political regime from authoritarianism to democracy, not just a change of government as seen in Thailand and South Korea. Indonesia’s post-crisis reform should be understood in the context of dismantling of the Soeharto regime to seek a new democratic state system. 　　　In the political sphere, dramatic institutional changes have occurred since the downfall of the Soeharto government in May 1998. In comparison, changes in the economic sphere are more complex than the political changes, as the former involve at least three aspects. The first is the continuity in the basic framework of capitalist system with policy orientation toward economic liberalization. In this framework, the policies to overcome the crisis are continued from the last period of the Soeharto rule, under the support system of IMF and CGI (Consultative Group on Indonesia). The second aspect is the impact of the political regime change on the economic structure. It is considered that the structure of economic vested interests of the Soeharto regime is being disintegrated as the regime breaks down. The third aspect is the impact of the political regime change on economic policy-making process. The process of formulating and implementing policies has changed drastically from the Soeharto time. With these three aspects simultaneously at work, it is not so easy to identify which of them is the main cause for a given specific economic phenomenon emerging in Indonesia today. 　　　Keeping this difficulty in mind, this paper attempts to situate the post-crisis economic reform in the broader context of the historical development of Indonesian economic policies and their achievements. We focus in particular on the reform policies for banking and corporate sectors and resulting structural changes in these sectors. This paper aims at understanding the significance of the changes in the economic ownership structure that are occurring in the post-Soeharto Indonesia. Economic policies here do not mean macro economic policies, such as fiscal, financial and trade policies, but refer to micro economic policies whereby the government intervenes in the economic ownership structure. In Section 1, we clarify why economic policies for intervening in the ownership structure are important in understanding Indonesia. Section 2 follows the historical development of Indonesia’s economic policies as specified above, throughout the four successive periods since Indonesia’s independence, namely, the parliamentary democracy period, the Guided Democracy period under Soekarno, the Soeharto-regime consolidation period, and the Soeharto-regime transfiguration period2. Then we observe what economic ownership structure was at work in the pre-crisis last days of the Soeharto rule as an outcome of the economic policies. In Section 3, we examine what structural changes have taken place in the banking and corporate sectors due to the reform policies in the post-crisis and post-Soeharto Indonesia. Lastly in Section 4, we interpret the current reorganization of the economic ownership in the context of the historical transition of the ownership structure, taking account of the changes in the policy-making processes under democratization.

Separation of Control and Cash-Flow Rights of State Owned Listed Enterprises: Channels of Expropriation after the Discriminated Share Reform in China

Literature on agency problems arising between controlling and minority owners claim that separation of cash flow and control rights allows controllers to expropriate listed firms, and further that separation emerges when dual class shares or pyramiding corporate structures exist. Dual class share and pyramiding coexisted in listed companies of China until discriminated share reform was implemented in 2005. This paper presents a model of controller to expropriate behavior as well as empirical tests of expropriation via particular accounting items and pyramiding generated expropriation. Results show that expropriation is apparent for state controlled listed companies. While reforms have weakened the power to expropriate, separation remains and still generates expropriation. Size of expropriation is estimated to be 7 to 8 per cent of total asset at mean. If the "one share, one vote" principle were to be realized, asset inflation could be reduced by 13 percent.

Real exchange rate appreciation, resource boom, and policy reform in Myanmar

In the five-year period from 2006 to 2011, the real exchange rate of the Myanmar kyat appreciated 200 percent, signifying that the value of the US dollar in Myanmar diminished to one third of its previous level. While the resource boom is suspected as a source of the real exchange rate appreciation, its aggravation is related to administrative controls on foreign exchange and imports. First, foreign exchange controls prevented replacement of the negotiated transactions of foreign exchange with the bank intermediation. This hampered government interventions in the market. Second, import controls repressed imports, aggravating excess supply of foreign exchange. Relaxation of administrative controls is necessary for moderating currency appreciation.

Sources of fluctuations in parallel exchange rates and policy reform in Myanmar

Myanmar maintained a multiple exchange rate system, and the parallel market exchange rate was left untamed. In the last two decades, the Myanmar kyat exchange rate of the parallel market has exhibited the sharpest fluctuations among Southeast Asian currencies in real terms. Since the move to a managed float regime in April 2012, the question arises of whether exchange rate policies will be effective in stabilizing the real exchange rate. This paper investigates the sources of fluctuations in the real effective exchange rate using Blanchard and Quah’s (1989) structural vector autoregression model. As nominal shocks can be created by exchange rate policies, a persistent impact of a nominal shock implies more room for exchange rate policies. Decomposition of the fluctuations into nominal and real shocks indicates that the impact of nominal shocks is small and quickly diminishes, implying that complementary sterilization is necessary for effective foreign exchange market interventions.

An approach of the European higher education framework to the management of higher education at university level in Perú

This communication research gives an insight to University Education in Peru and a brief review of the main European documents that deal with the European Higher Education Framework, highlighting the principles upon which it is based, as well as the strategic objectives that it sets forth and the tools to achieve them. The purpose of this process is to adapt our university education management in Peru to the EEES, seeking to identify the limitations and constraints faced with regard to the keys of European convergence and the means or instruments that we have in order to attain convergence in Peru.

University Networking in Developing Countries based on C4D-Learning

In recent years, the establishment of cooperation networks between universities is one of the most important trends in higher education all over the world. Well recognized local and international university networks have been implemented in most educational institutions. It is common to find associations of various prestigious universities collaborating in a high-­‐technology research project including a very specialized teaching as well. This is the most common cooperation networks among higher education institutions in developed countries. An increasingly common type of networking between developed and developing universities is related to cooperation for development. This is the case of many universities in Africa that are needed for external help in order to improve its capabilities. Numerous memorandums of understanding regarding first world institutions that collaborate with universities in developing countries describe contributions of eventual visiting professors, teaching material and courses. But probably there exist another type of more important, but less explored association, such as networking among developing universities. The new goal, in this case, is not only the excellence but also the mutual development.

ENSINO SUPERIOR E SOCIEDADE BRASILEIRA: ANÁLISE HISTÓRICA E SOCIOLÓGICA DOS DETERMINANTES DA EXPANSÃO DO ENSINO SUPERIOR NO BRASIL (DÉCADAS DE 1960/70)

O trabalho é resultado de uma pesquisa teórica, documental e histórica sobre a expansão do ensino superior brasileiro nas décadas de 1960 até meados de 1970. Especificamente, objetivou demonstrar como e de que forma se deu o processo de expansão do ensino superior e seus determinantes políticos, econômicos e sociais, além de analisar as causas sociais do aumento da pressão pelo acesso ao ensino superior. Para tanto, o trabalho está baseado na obra de diversos autores brasileiros sobre o ensino superior e sobre a formação social brasileira no período, além da análise de documentos e legislação específica sobre o ensino superior. Conclui que as transformações ocorridas na sociedade brasileira a partir de meados da década de 1950 levam as camadas médias, mais que qualquer outra classe, a elevar a pressão pelo acesso ao ensino superior. Tal pressão das camadas médias vai, no contexto político aberto pelo golpe militar de 1964, dar base social ao movimento estudantil, que figura como principal foco de contestação política da ditadura. A expansão do ensino superior, que se deu no processo da reforma universitária de 1968 e nos anos seguintes, levada à cabo pela ditadura militar, determinou modificações administrativas que já estavam presentes nas reivindicações dos estudantes, assim como já vinham sendo colocadas em prática em instituições como o ITA e a UNB, ao mesmo tempo que promoveu o ensino superior privado, baseado na multiplicação dos cursos e estabelecimentos isolados, com a intenção principal de conter o movimento estudantil e impedir a passagem das camadas médias ao campo da oposição, o que auxiliou na conquista da hegemonia possível na sociedade brasileira.(AU)

ENSINO SUPERIOR E SOCIEDADE BRASILEIRA: ANÁLISE HISTÓRICA E SOCIOLÓGICA DOS DETERMINANTES DA EXPANSÃO DO ENSINO SUPERIOR NO BRASIL (DÉCADAS DE 1960/70)

O trabalho é resultado de uma pesquisa teórica, documental e histórica sobre a expansão do ensino superior brasileiro nas décadas de 1960 até meados de 1970. Especificamente, objetivou demonstrar como e de que forma se deu o processo de expansão do ensino superior e seus determinantes políticos, econômicos e sociais, além de analisar as causas sociais do aumento da pressão pelo acesso ao ensino superior. Para tanto, o trabalho está baseado na obra de diversos autores brasileiros sobre o ensino superior e sobre a formação social brasileira no período, além da análise de documentos e legislação específica sobre o ensino superior. Conclui que as transformações ocorridas na sociedade brasileira a partir de meados da década de 1950 levam as camadas médias, mais que qualquer outra classe, a elevar a pressão pelo acesso ao ensino superior. Tal pressão das camadas médias vai, no contexto político aberto pelo golpe militar de 1964, dar base social ao movimento estudantil, que figura como principal foco de contestação política da ditadura. A expansão do ensino superior, que se deu no processo da reforma universitária de 1968 e nos anos seguintes, levada à cabo pela ditadura militar, determinou modificações administrativas que já estavam presentes nas reivindicações dos estudantes, assim como já vinham sendo colocadas em prática em instituições como o ITA e a UNB, ao mesmo tempo que promoveu o ensino superior privado, baseado na multiplicação dos cursos e estabelecimentos isolados, com a intenção principal de conter o movimento estudantil e impedir a passagem das camadas médias ao campo da oposição, o que auxiliou na conquista da hegemonia possível na sociedade brasileira.(AU)

Land Reform in South Africa in Light of Emerging Urbanization, Industrialization, and Globalization Trends

Black South Africans experienced centuries of mistreatment and land dispossessions, leaving their population in dire poverty and dependence. The 1994 democratization of South Africa birthed a three-fold land reform program dedicated to land restitution, land redistribution, and tenure reform. The first decade of implementation left government goals unmet. The relevance of land reform is examined given modern-day urbanization, industrialization, and globalization. This paper affirms land reform is still relevant socially and is therefore relevant politically and economically. Improvements to program implementation are suggested in the following areas: implementing agency support; rural representation; information management; land market stimulation; beneficiary support; and agrarian reform. Land reform limitations are discussed, and industrialization is briefly explored as the more likely solution to poverty issues.

A summary of remarks made by William C. Lane, Librarian of Harvard University, published in the Proceedings of the Massachusetts Historical Society, December 1909

Lane addressed the Massachusetts Historical Society about the recent discovery of foundations walls, likely from Goffe College, made during the Boston Elevated Railway's excavations in Harvard Square for the subway on Massachusetts Avenue.