In the Eyes of the State: Negotiating a “Rights-Based Approach” to Forest Conservation in Thailand

Recent debates about governance, poverty and environmental sustainability have emphasized a “rights-based” approach, in which equitable development is strongly associated with individual and communal rights. This paper reviews this approach and explores its practical application to Thailand's “Community Forestry Bill,” which seeks to establish communal rights of access and conservation in forest reserve areas. The paper examines conflicts concerning watershed forests and mangroves in Thailand, and argues that efforts to support rural livelihoods through community rights have been undermined by a state that has frequently supported commercial interests or opposed decentralization to minority groups. The paper documents how civil society organizations may negotiate rights within the wider public spheres in which rules, rights, and “community” are established, and defended.     

Introduction to the Special Issue on “Exchange Rates,Financial Integration and Uncertainty”

Open Economies Review -     

‘Cooperation on a purely matter-of-fact basis’: the Norwegian central bank and its relationship to the German supervisory authority during the occupation, 1940–1945

Recent publications have addressed the issue of the financial contribution of occupied countries to the German war economy from 1939 until 1945. Occupied countries contributed between 25 and 30% of the total German war costs. According to recent calculations, the Norwegian contribution has been between 6 and 7% of the occupied countries' total contribution; per capita the Norwegian war tribute was twice the average of the occupied West-European countries. The main aim of the paper is to explain how the relatively large Norwegian contribution came about by focusing on the institutional arrangements of financial transfers. The role of the central bank, Norges Bank, and its relationship with its German supervisory authority during the occupation is particularly important. The accommodating behaviour of Norges Bank (NB) and the shrewd institutional set-up and actual operandi of the monetary and financial occupation regime in Norway, based on indirect governance, served German interests better than the more frequent use of direct rule and open inference in the equivalent domestic institutions in Belgium, France and The Netherlands.     

Dual Labour Market Intermediaries in Italy: How to Lay off “Lemons”—Thereby Creating a Problem of Adverse Selection

Using longitudinal data from the Bank of Italy that cover the period from 2004 to 2014, this paper investigates the wage- and career implications of temporary jobs across the entire wage profile via unconditional quantile regression models and dynamic panel probit models. Building on Autor’s contributions, we consider temporary jobs to be a Labour Market Intermediary that deals with job-matching problems, such as information asymmetries, search cost reductions, worker-side adverse selection, and pay-productivity gaps. Assuming that wage is a proxy for workers’ productivity, we examine the chances that temporary workers who are located in different quantiles of wage distribution have of making the transition towards a stable employment position in the primary labour market. Results clearly indicate that temporarily employed individuals suffer significant wage- and career penalties. Not only are these individuals overly concentrated in the lowest decile of wage distribution, but the career penalty associated with temporary jobs also remains stable independently of the wage/productivity quantile to which the workers belong. If firms use FTC or TWA at all, they do so to remove less productive workers, whose work contract is not renewed once expired. In light of this evidence, it is clear that the hypothesis—proposed in the economic literature—that temporary employment contracts might serve as a screening tool to identify the most productive workers who would then be offered a stable position in the primary labour market does not hold in the highly dualised labour market of Southern Europe.     

Revising Audit Plans to Address Fraud Risk: A Case of “Do as I Advise,Not as I Do”?*

Prior research documents that auditors fail to revise audit plans to effectively address identified fraud cues. While auditors may understand what evidence would address such cues, we propose that auditors fail to apply this understanding because they use implemental mindsets when making decisions for themselves (i.e., deciding). However, we also propose that auditors use deliberative mindsets when advising. To test our predictions, we assign auditors to a decider or an advisor role in a realistic case that contains seeded fraud cues and asks them to consider revising last year's plan. We also manipulate whether the case prompts auditors to revise the plan unconventionally. Results indicate decider-condition auditors use implemental mindsets: Prompted deciders follow the unconventional plan without regard to underlying fraud risk and unprompted deciders stick with the same-as-last-year plan. Advisor-condition auditors use more deliberative mindsets: In the prompt and no prompt conditions, they identify plans that are strongly linked to their own fraud risk assessments and that better align with experts' recommended plan for effectively addressing the seeded fraud cues. Supplemental analyses suggest deciding and advising auditors both follow the experts' plan when they believe in its potential effectiveness but, after controlling for the influence of perceived effectiveness, deciding auditors follow it to a greater extent simply because they believe the PCAOB wants it. By contrast, advising auditors do not exhibit signs of excessive PCAOB influence. Our findings provide evidence that seeking informal advice (or thinking like an advisor) helps auditors to effectively revise audit plans in response to identified fraud risk—it helps when a prompt is present or not, suggesting it complements rather than merely substitutes for interventions meant to improve auditors' judgment and decision making.