The Politics of Place: Place‐making versus Densification in Toronto's Tower Neighbourhoods

Toronto's Tower Neighbourhood Renewal (TR) programme is a municipal government initiative tackling aging high‐rise apartment building clusters in need of physical upgrades. One strategy for a more vibrant future for those clusters is densification or new infill housing. The main argument of the essay is that the unique urban structure of Toronto's inner suburbs challenges the implementation of TR's densification strategy. The proximity of many residents occupying privately owned single‐family homes close to the tower neighbourhoods has implications for the governance of TR in Toronto. Having created place‐frames firmly linked to their own identities as single‐family homeowners, these residents reject an encroachment of the ‘urban' (through higher residential densities) and of the ‘Other' (through a potential increase in low‐income, immigrant and visible minority tower renters). A 2011 design charrette in the Toronto neighbourhood of Weston serves as a case study, exemplifying the tensions between neighbourhood resident place‐frames and the goals of the TR project. This essay is based on an analysis of public policy documents and public participation reports, as well as notes from direct observation during the Weston 2021 Design Charrette.     

Charting the pacific: an empirical assessment of integration initiatives

Trade negotiations after Uruguay may well be dominated by the Pacific Rim, where two free trade areas (ASEAN Free Trade Agreement, or AFTA; and North American Free Trade Agreement, or NAFTA) already exist and larger agreements are under active discussion (involving the Asia Pacific Economic Cooperation, or APEC, area and an East Asian Economic Group). This article analyzes several initiatives using a simple global general equilibrium model that incorporates conventional welfare gains as well as benefits derived from firm level economies of scale, induced changes in foreign investment, and dynamic increases in productivity. Broad Pacific liberalization—i.e., East Asia, North America, and Australasia—is shown to be superior for each participant to liberalization limited to individual countries or East Asia, but not by much. Most favored nation liberalization is shown to be superior for each participant to preferential liberalization—if the actor is East Asia, but not the Pacific as a whole. These estimates will need to be refined, but they suggest that the benefits from Pacific liberalization could exceed $100 billion per year.     

The Cost of Rich (and Poor) Country Protection to Developing Countries

This study confirms that substantial barriers to market accesswill remain in both rich and poor countries following full implementationof the Uruguay Round agreement. The analysis finds that approximately40% of the costs of these barriers to developing countries arisefrom barriers to market access in industrial countries and 60%from barriers in developing countries themselves. The resultssuggest that there would be large gains to almost all regionsfrom a round of negotiations that increased market access inthe North and South. In Africa, the potential static gains frommultilateral reform appear to exceed those from preferentialliberalisation, without the well-known disadvantages of a preferentialapproach.     

Barriers to SME Growth in Slovenia

The paper is based on the findings of a research project which aimed to identify the critical barriers to small business growth and development in Slovenia. The key barriers identified in the research included factors linked to the institutional environment including bureaucracy, and to external financial constraints including the high cost of capital. Internal organisation and resource issues, and social support through local development coalitions were found to be less important. The research was based upon a sample survey of small firms in Slovenia, and on an econometric analysis of the sources of firms' growth. This provided evidence that firms' growth was negatively linked to firms' size, and that growth was reduced by the presence of institutional and financial barriers. The paper concludes with a discussion of the policy implications.