Flexible specialization, new technologies and future industrialization in developing countries

Developing countries increasingly recognize that in the future far more attention will need to be paid to firms located outside the modern or formal sector. In this context, the complex of recent microelectronics and organizational innovations seems highly attractive for these are often said to be capable of facilitating a pattern of industrialization based on flexible, small-scale production, rather than on the more typical large-scale technology of mass production. This article, accordingly, seeks to evaluate the various mechanisms through which the new technologies—and the more general possibilities implied by the various definitions of ‘flexible specialization’—may in fact contribute to such an alternative model of industrialization.     

Global modelling in the 1990s : A critical evaluation of a new wave

It seems that after a ‘golden decade’ in the 1970s and a period of decay in the 1980s, global modelling is making a comeback. In particular, the report Scanning the Future seems to mark the beginning of a new era in this respect. In this article this ‘new wave’ of the 1990s is compared with the ‘old wave’ of the 1970s. Although there is progress in the scientific realm, these new models lack a deep concern for the burning problems of our time like the poverty gap between the North and the South and the ‘ecological problematique’. In many ways these new models reflect the new mood of the times, which lacks any vision of a new paradigm and which is strongly ‘northern-centric’.     

The future of Muslim politics : Critique of the ‘fundamentalist’ theory of the Islamic state

This article considers the future of Muslim political thought in the context of growing de-Islamization and the dominance of Western institutions. The ‘fundamentalist’ theory of the Islamic state—total mobilization of Muslim societies under a universal state—is criticized as religiously an immanentist heresy, and politically a totalitarian nightmare. Proposed here is a way out of the moral and intellectual crisis in Islamic political thought through the principle of Shura—meaning that Muslims must evolve their own form of representative government.     

Beyond the mundane: reconciling breadth and depth in futures enquiry

For some time there has been a need within Futures Studies (FS) to develop methods which go beyond the dominant empirical tradition. For many years there has been a near-exclusive emphasis on understanding the external world ‘out there’. But as time has gone by, so it has become clear that our ability to understand the world ‘out there’ crucially depends on an underlying world of reference that is ‘in here’. Understanding the near-future environment calls for a combination of ‘inner’ and ‘outer’ views which, for example, give as much credence to judgment as to calculation. This paper considers a way of considering these very different ‘ways of knowing’. Overall, the aim is to go beyond what might be termed ‘mundane’ analysis, i.e. that which is preoccupied with surfaces, and to open out a broader arena for futures enquiry.     

Wall Street''s contribution to management accounting: the Stern Stewart EVAfinancial management system

EVA^®is a variant of residual income marketed byStern Stewart & Co., a New York consulting firm, with the purpose of promoting value–maximizing behaviour in corporate managers. This paper reviews the EVA system in the light of this purpose. First, it outlines the rationale for the use of residual income in ‘value-based management’, highlighting the potential shortcomings of residual income as a single-period performance indicator. Second, it considers the adjustments to GAAP-based accounting advocated by Stern Stewart in order to produce a more economically meaningful version of residual income (EVA) which might serve as an effective indicator of single-period performance. Third, it examines the Stern Stewart approach to the setting of EVA benchmarks. Finally, it reviews the logic behind the use of the ‘bonus bank’ to separate the award of EVA–based bonuses from the payment of such bonuses.     

The environment in an ‘information society’: A transition stage towards more sustainable development?

Social scientists and futurists have suggested that societal development is advancing to a novel stage, to an ‘information society’. However, the crucial qualifiers of this ‘new’ society are ambiguous. Furthermore, environmental goals have created new challenges for information society studies. This paper examines the interaction and dynamics between the information society and sustainable development, which most often manifest themselves as competing scientific and socio-political discourses. On the one hand, there is the potential for reducing the stress on the environment: the emergence of information technologies and services can lead to a dematerialisation of production and immaterialisation of consumption. On the other hand, there are risks: positive environmental effects might be overcome by the ‘rebound effect’ caused by excessive economic growth. It is concluded that further theoretical and empirical studies are needed in order to examine the complex and contradictory relationship between the information society and environmental issues.     

Virtual geography

Geography and its study are changing in subtle and dramatic ways in the rapid transition to a digital world. Here we present a preliminary discussion of how this new geography, which we call ‘virtual geography’, might be classified. Virtual geography is not merely Cyberspace per se for it comprises many types of place and space in which the digital world finds expression. We define cspace—the space within computers, cyberspace—the use of computers to communicate, and cyberplace—the infrastructure of the digital world, as key components of what Castells¹ refers to as ‘real virtuality’. Virtual geography is all this as well as the study of these worlds from traditional geographic perspectives. Like all classifications, the interesting questions lie at the boundaries between classes—between espace and cyberspace, cyberspace and cyberplace, and between all of these. We illustrate this variety and complexity with examples.     

Modelling the post-industrial city

A new kind of city is emerging: globalized (connected to other cities in global networks); tertiarized and even quaternarized (dependent almost entirely for its economic existence on advanced services); ‘informationalized’ (using information as a raw material); and polycentric (dispersing residences and decentralizing employment into multiple centres or ‘edge cities’). The question is how we can adapt the urban and transportation models, which originated in the very different world of the 1960s, to these conditions, and what kind of model would then result.     

It's only a paper moon

This article considers recent ‘end of history’ and ‘end of nature’ hypotheses in the context of new scientific and socioeconomic paradigms, and seeks a broader understanding of the nature of information society. Through a review of recent work on future socioeconomic and scientific and technological developments, the conservationist view is rejected in favour of ‘wise design and governance of evolution’. Planning and forecasting have a central role in this process.     

Changing images of futures in the 20th century

The 20th century has seen a rise in dystopian images of futures and an apparent decline in imaging capacity. This article considers responses to this ‘imaging dilemma’. They include critique, futures workshops, accessing cultural resources, renegotiating aspects of a worldview and ‘imagining’ a different historical dynamic. It is concluded that there is a substantive basis for informed optimism and empowerment. The keys to each lie in the nature of the human response to what is desired or feared.     

Futures dreaming outside and on the margins of the western world

In this article, we challenge the hegemony of western science fiction, arguing that western science fiction is particular even as it claims universality. Its view remains based on ideas of the future as forward time. In contrast, in non-western science fiction the future is seen outside linear terms: as cyclical or spiral, or in terms of ancestors. In addition, western science fiction has focused on the good society as created by technological progress, while non-western science fiction and futures thinking has focused on the fantastic, on the spiritual, on the realization of eupsychia—the perfect self.However, most theorists assert that the non-west has no science fiction, ignoring Asian and Chinese science fiction history, and western science fiction continues to ‘other’ the non-west as well as those on the margins of the west (African–American woman, for example).Nonetheless, while most western science fiction remains trapped in binary opposites—alien/non-alien; masculine/feminine; insider/outsider—writers from the west’s margins are creating texts that contradict tradition and modernity, seeking new ways to transcend difference. Given that the imagination of the future creates the reality of tomorrow, creating new science fictions is not just an issue of textual critique but of opening up possibilities for all our futures.

Science fiction has always been nearly all white, just as until recently, it’s been nearly all male

(Butler as quoted in [1]).

Science fiction has long treated people who might or might not exist—extra-terrestrials. Unfortunately, however, many of the same science fiction writers who started us thinking about the possibility of extra-terrestrial life did nothing to make us think about here-at home variation—women, blacks, Indians, Asians, Hispanics, etc [1].

Is all science fiction western? Is there non-western science fiction? If so, what is its nature? Does it follow the form and content of western science fiction, or is it rendered different by its own local civilizational historical processes and considerations? Has western science fiction moulded the development of the science fiction of the ‘other’, including feminist science fiction, in such a way that anything coming from outside the west is a mere imitation of the real thing? Perhaps non-western science fiction is a contradiction in terms. Or is there authentic non-western fiction which offers alternative visions of the future, of the ‘other’?     

Social accounting research: An Australasian perspective

This paper provides an insight into the nature and the extent of social accounting research being undertaken within Australasia. It demonstrates that Australasian researchers account for a significant amount of internationally published social accounting research, but emphasises that the research effort seems to be confined to a limited number of researchers perhaps reflecting a lack of ‘take-up’ in this area in terms of the scale of participation. Information is also presented about the relative propensity of journals within the sample to publish social accounting research, and identifies that ‘top tier’ accounting journals historically have not published social accounting research. The paper also considers various factors which seem to be impeding the ‘recruitment’ of new social accounting researchers.     

Competruism: Ideology with a sustainable future

Unless the advanced nations adopt a new socioeconomic order compatible with the technological milieu of the information age, they could face catastrophe in the years just ahead. Free societies should consider shifting from capitalism, with its perilous obsession with consumption, to the competruistic ideology which provides a sustainable future through its focus on conservation. This emerging ideology employs ‘productive efficiency’ as the criterion of success in its mission to maximize the value its free societies add to the global economy.     

Measuring the future : Statistics and the information age

If the information age is to be more than a slogan, we need to address the issue of how to measure its emergence, and how to assess developments within it. This may well pose challenges to our existing statistics-,since structural change can render established definitions and frameworks inadequate. So far, most discussion of this issue has been conducted within a tradition of counting up the ‘information workforce’. This article argues for a different approach, focusing on the generation, diffusion and application of new information technology (IT). It considers how far available statistics can be used to throw light on IT-related developments, provides some examples of what these data tell us about possible future developments, and examines the implications for the future of statistical frameworks and statistical analysis itself.     

Enterprise resource planning systems, management control and the quest for integration

This paper analyses how two companies pursued integration of management and control through enterprise resource planning (ERP) systems. We illustrate how the quest for integration is an unending process and it is produced concurrently and episodically. Integration is not only about ‘mere’ visibility and control at a distance. ERP systems do not define what integration is and how it is to be developed, but they incur a techno-logic that conditions how control can be performed through financial and non-financial representations because they distinguish between an accounting mode and a logistics mode. A primary lesson from our cases is that control cannot be studied apart from technology and context because one will never get to understand the underlying ‘infrastructure’—the meeting point of many technologies and many types of controls. ERP systems are particularly interesting for what they make impossible, and our cases illustrate how the two organizations in the quest for integration mobilized a number of ‘boundary objects’ to overcome systems-based ‘blind spots’ and ‘trading zones’. The paper points out that management control in an ERP-environment is not a property of the accounting function but a collective affair were local control issues in different parts of the organization are used to create notions of global management.     

A long memory property of stock market returns and a new model

A ‘long memory’ property of stock market returns is investigated in this paper. It is found that not only there is substantially more correlation between absolute returns than returns themselves, but the power transformation of the absolute return ¦r_t¦^d also has quite high autocorrelation for long lags. It is possible to characterize ¦r_t¦^d to be ‘long memory’ and this property is strongest when d is around 1. This result appears to argue against ARCH type specifications based upon squared returns. But our Monte-Carlo study shows that both ARCH type models based on squared returns and those based on absolute return can produce this property. A new general class of models is proposed which allows the power δ of the heteroskedasticity equation to be estimated from the data.     

Exploring (false) dualisms for environmental accounting praxis

This paper focuses on the political nature of the linguistic dualisms or ‘false antinomies’ that inhere in environmental accounting practice and environmental accounting research. These dualisms, ‘subject–object,’ ‘man–woman,’ ‘mind–body,’ and ‘culture–nature,’ the paper argues, need to be ‘ambiguized’ if the politics inherent in these dualisms are to be resisted. Two strategies for the ‘ambiguization’ of these dualisms are suggested: ‘performative parody,’ which is a strategy intended for environmental accounting practitioners, and ‘democratic reflexivity,’ which is a strategy intended for environmental accounting researchers. In taking this linguistic focus, the paper challenges common sense constructions of the environment and the potentially elitist and anti-democratic nature of environmental accounting research. By offering these two strategies, the paper provides a means of environmental accounting praxis, or means of resisting global ‘environmental’ domination.     

Envisioning new--buying used: Are the Pacific Islands caught between alternative communication futures?

With the ‘complexification’ of today's society, due in large measure to rapid technological convergence in the fields of communications and informatics, developing Pacific island countries are faced with what at the surface appears to be a devil's choice: jump on the high-tech bandwagon and risk being subsumed by the Western-dominated ‘cyberculture’, or withdraw from the technology-induced developments evidenced in richer countries and thereby run the risk of falling even further behind. This dichotomy is, of course, false and paints a rather nihilistic picture of Pacific islands futures. The contention here is that such a polemic is selling the Pacific islands a ‘used future’. Therefore, it is vitally important, at this juncture, for Pacific island leaders, entrepreneurs and citizens to recognize that creative, long-term future strategies for planning and optimizing the application and use of high-tech communications in economically advantageous and culturally appropriate ways are desperately needed.     

Futures in global space//www.models.gis.media : [BBR]1[/BBR]

Geographers deal with global and local space and their interrelationships and thus bring new insights, perspectives, and methods to global questions. This is appealing to futurists since the principle of ‘think globally-act locally’ has been an inspiration for many years. In this paper I explore how old and new approaches in geography, as well as new information technologies such as the World Wide Web (WWW) and Geographic Information Systems (GIS), might contribute to global modeling. I briefly review also the history of global economy models to discover lessons for future attempts to construct global models, not least how prevailing paradigms and institutional expediency determine the intellectual effort, and its impact. I then describe some of the new directions being undertaken by global modelers, quantitative geographers and regional scientists in the 1990s, and the possibilities and challenges for the next few years, and their contribution to the knowledge building process and its context.     

Evaluating the penetration of the commodity economy

A recurring theme across the social sciences is that there is a natural and inevitable shift towards commodification. In this linear view of the trajectory of economies, ‘non-commodified’ economic activities are rapidly vanishing as the commodity economy, in which goods and services are produced by capitalist firms for a profit under conditions of market exchange, becomes ever more victorious, powerful and hegemonic. Until now, few have questioned this meta-narrative. Here, however, the intention is to evaluate critically the penetration of commodification. Investigating the depth and speed of the permeation of the advanced economies by the commodity economy, it is revealed that the non-commodified sphere has far from disappeared. Indeed, over the past 40 years, it has grown relative to the commodity economy and is now equal in size when the time spent working in these spheres is measured. Explaining this in terms of both the inherent contradictions embedded in the pursuit of commodification as well as the existence of ‘cultures of resistance’, the paper concludes that commodification is not only far from inevitable but the possibility of alternative futures for work beyond the all-conquering on-going advance of capitalism.