Tourism and Pilgrimage: Paying Homage to Literary Heroes

By exploring the experiences of visiting the grave of famous authors, this study highlights the place of literary tourism in the tourism pilgrimage literature. It is based on an observational study of visitors to the grave of Jean‐Paul Sartre and Simone de Beauvoir in Paris. Analysis reveals that visitors were motivated by a desire for closeness, a wish to pay their respects and to acknowledge the influence on their life of the two writers. The study notes a strong parallel between the religious and the literary pilgrim and contributes to knowledge on the phenomenon of the secular pilgrimage. Copyright © 2015 John Wiley & Sons, Ltd.     

The lack of an expected relationship between travel cost and contingent value estimates of forest recreation value

Abstract

Using data obtained from visitors to forest campgrounds, travel cost models were developed. Bid functions and willingness‐to‐pay estimates of recreation value were derived from contingent value questions posed to campers. The willingness‐to‐pay responses were based on both photographic representations of forest scenes and on actual forest conditions at each campground. The photo‐based willingness‐to‐pay estimates were significantly correlated with scenic beauty rating estimates made for photo‐based scenes, but there was little correlation between these values and willingness‐to‐pay estimates for actual forest conditions, or estimates from travel cost models. Further, no correlation was found between travel cost estimates and contingent value estimates of the value of forest conditions on‐site. The findings raise questions about the validity and comparability of willingness‐to‐pay measures that are applied to particular types of forest recreation situations.     

Migrants’ Remittances and Financial Development: Macro‐ and Micro‐Level Evidence of a Perverse Relationship

Financial development is commonly identified as an important condition for fostering investment and economic growth. It is also believed that migrants’ remittances stimulate financial development in the receiving economy, contributing indirectly to economic growth. We explore the relationship between remittances and financial development using macro‐ and micro‐level data. From cross‐country panel data, we find evidence of a negative relationship between remittances and financial deepening in developing countries. Using household survey data from a study of migrants’ remittances in two CIS countries, Azerbaijan and Kyrgyzstan, we also investigate the relationship between remittances, financial intermediation and ‘financial literacy’ among remittance‐receiving households. While we find some evidence of a positive, albeit weak, relationship for Kyrgyzstan, in Azerbaijan, the relatively more financially developed economy, we uncover a strong perverse relationship. Remittances appear to deter bank intermediation and use of formal banking services. Possible reasons are explored and areas for further investigation identified.     

Impacts on Economic Security Programs of Rapidly Shifting Demographics

Abstract

This paper analyzes in some detail potential impacts on economic security programs—government, employer, and individual—that the aging of the baby boom generation may create. It begins by defining what is meant by “population aging” and concludes that fertility shifts are more important than improving life expectancy. It also argues that calling the baby boom the “postwar baby boom” is inaccurate and will lead to missed targets for product development and marketing. Finally, this section of the paper notes that the most rapidly growing segment of the population will be the oldest old—those age 85 and over, who will also put the greatest stress on the provision of health care and retirement income security.

The paper then looks at other demographic shifts of importance, in particular female labor force participation rates. The impact of shifting demographics is reviewed for each sponsor of economic security programs: the government (health care and social security); the employer (pension plans and group benefits); and the individual. Points of concern and offsetting opportunities for the insurance industry are noted. Finally, the paper looks at whether we will be able to “afford” the sudden retirement of the baby boom. The conclusion is that this will be affordable if we can convince a portion of the labor force to stay active longer, and if we have healthy productivity growth rates. The problems of an aging population can all be viewed as opportunities for those who have the map.     

The transition from individual to collective labour relations in China

The article discusses the current transformation of Chinese labour relations. The Labour Contract Law implemented in 2008 provided the legal framework for China's adjustment to individual labour relations; it also hastened the evolution of collective labour relations. The article discusses how two different aspects of the Chinese labour movement—top‐down and bottom‐up—have been interacting. Implications are drawn from the experience of the strike wave of the summer of 2010. It is argued that further legal intervention could facilitate the development of China's labour policy, but that the reform of collective labour law will require the strengthening of the collective rights of workers and the nurturing of institutions which can focus collective consciousness and organisation.