Can Labor Emigration Affect the Education of Girls? Evidence from Tajikistan

This study examines how large-scale, predominantly male emigration affects the education of girls staying in Tajikistan, the poorest post-Soviet state and one of the most remittance-dependent economies in the world. Using data from a three-wave household panel survey conducted in 2007, 2009, and 2011, this study finds that the net effect of migration on girls’ schooling turns from positive to negative with girls’ age. These results lend support to various conceptual channels through which the emigration of household members may affect girls’ education, including the relaxation of budget constraints, a change of the household head, and an increase in household work. At the practical level, the results imply that migration can be detrimental to women’s empowerment and cast doubt on whether emigration is an appropriate long-term development strategy for Tajikistan.     

Privatization and Performance in Eastern Europe: Alternative Scenarios

The paper focuses on the possible outcomes of privatization and considers how different scenarios of privatization lead to varied macroeconomic performance. Alternative scenarios involve changes in efficiency, taxation, wages, income distribution and interactions with the world economy. The consequences of pursuing different scenarios of privatization are simulated using a Computable General Equilibrium (CGE) model. Illustrative simulations with the model are carried out for a representative economy, intended to depict a country at the outset of transition. The simulation results suggest that privatization can exert a favourable or adverse impact on the whole economy, depending on the way in which the performance of the newly privatized sector changes. The simulation analysis for Poland shows that some developments accompanying privatization processes might have contributed to recession and budget deficit.     

Trade and Standards: A Look at Central America

The relationship between standards, economic development, and trade is at the forefront of policy debate. Standards can accelerate economic efficiency and trade and also act as discriminatory barriers. This paper examines standards in the context of development in Central America. Key aspects of disputes over standards at the World Trade Organization are discussed, along with the reasons why standards matter to development and trade prospects for Central America. The paper recommends ways to leverage shared infrastructure in standards and assist these countries to implement their WTO obligations.     

The changing requirements of the HR professional—Implications for the development of HR professionals

This article examines the new competencies that are required in today's human resources (HR) professionals and how one company has gone about the development of those competencies within its human resources community. In addition, the author looks at the role that universities, professional associations, and “best practice” companies play in enhancing the capabilities of the HR talent that will serve companies' growing HR needs. © 1999 John Wiley & Sons, Inc.     

Integrating consumers’ motives with suppliers’ solutions to combat Shanzhai: A phenomenon beyond counterfeit

Imitation goods are widely spread throughout the global business world. Shanzhai imitation (

) represents a type of imitation that mimics the original brand through surface or functional similarities but often provides enhanced or innovative features adapted to local market needs. Although both practitioners and academics have studied and provided solutions to combat counterfeits, solutions for original brand manufacturers to address threats from Shanzhai products are lacking. In this article, we first differentiate Shanzhai products from counterfeits. Using a mixed-method approach that combines interviews and laboratory experiment results, we then identify social, individual, functional, and financial (SIFF) factors as driving forces behind consumers’ purchasing of Shanzhai products. Shanzhai buyers place more weight on functional value and price/quality ratio than do counterfeit buyers, who in turn favor social value and materialism more than Shanzhai buyers. Finally, we provide several recommendations to original manufacturers from both the demand and supply sides.     

How Have Restaurant Firms Responded to Food Safety Crises? Evidence From Media Coverage

Media communication has become a crucial part of crisis communications due to the rapid dissemination of information along with its immense impact on consumers and other stakeholders. Based on a structured content analysis of electronic media reports on restaurant-associated food safety crises from 1993 to 2015, this study examined media reporting patterns focusing on three elements: instructing information, crisis response strategies, and stakeholders. This study also identified the effect of situational factors (severity of risk and crisis type) on the media reporting patterns using Chi-square tests. The results indicated that restaurant firms were more likely to use proactive than passive response strategies, and identified primary stakeholders during a food safety crisis such as regulatory agencies, victims, and customers. Finally, two situational factors were found to influence the pattern of media reporting. The media reporting patterns were found to vary by risk severity and crisis type.     

Does a one-size-fits-all approach to financial regulations alleviate default risk? The case of dual banking systems

Financial regulations are developed to curb financial and economic fragility costs without undermining the economic contributions of banks to economic development. To understand the impact financial regulations have on reducing the financial fragility of banks we use the probability-of-default of banks as a proxy for bank failure. After analyzing data collected from 15 countries with a dual banking system for the period 2000–2015, we find convincing evidence that not all financial regulations have risk-reducing benefits for banks and the impact of financial regulations on default risk is not the same for conventional banks (CBs) and Islamic banks (IBs). The empirical evidence suggests that regulations that lessen overall default risk have a greater impact on IBs while those increasing default risk have a greater impact on CBs. Based on our findings we recommend that regulators should consider the different natures of CBs and IBs and tailor financial regulations to suit these operationally distinct financial intermediaries.