Teichopolitics: Re-considering Globalisation Through the Role of Walls and Fences

This article considers the trend in many countries towards securitised immigration policies and “hardening” of borders through the construction of walls or fences. In contrast the borderless world of globalisation, it identifies these attempts to strengthen control of borders as teichopolitics: the politics of building barriers. This article analyses the different types of hardened borders that exist today and proposes a typology of frontlines, fences/walls, and closed straights. Then the article maps the locations of these barriers and argues that although other justifications ranging from smuggling to terrorism are often put forward, these barriers are mostly connected with managing immigration flows. Indeed, many of these barriers are located on important economic or social discontinuity lines, precisely where the system reveals its underlying logics. These walls and fences symbolise the emergence of a privileged few who actually live the promise of globalisation and defend its privileges through teichopolitics.     

Can Sentiment Toward Advertising Explain Materialism and Vanity in the Globalization Era? Evidence From Dubai

ABSTRACT

This report presents the first study to address sentiment toward advertising, materialism, and vanity in the globalized city of Dubai. A conceptual model is developed and subsequent hypotheses are tested via structural equation modeling. The main research findings suggest that consumers in Dubai exhibit positive perceptions of advertising as well as higher levels of materialism and vanity. Sentiment toward advertising is found to positively influence materialism levels, while materialism strongly influences views, concern for physical appearance, and personal achievement. Sentiment toward advertising, however, has no direct effect on any vanity trait, suggesting that vanity is more an internal personal trait.     

National cultural values and the perceived relational risks in biotechnology alliance relationships

Cross-cultural interactions are growing at an exponential pace. Consequently, it is becoming important to be aware of the existence and precise nature of cultural differences in risk perceptions. Do national cultural values influence relational risk perception in alliance relationships? This is the issue addressed in this article. Through analyzing risk perception in 344 alliance relationships, the evidence presented demonstrates the importance of cultural values.     

Immigrant Selection in the OECD*

In this paper, we examine the determinants of educational selectivity in immigration using immigrant stock data for 70 source countries and 21 OECD destination countries, as observed in the year 2000/2001. We develop a variant of the Roy model to estimate the determinants of educational selectivity. Two key findings emerge. First, the effect of the skill premium, which is at the core of the Roy model, can be observed only after we take into account the poverty constraints operating in the source countries. Second, cultural similarities, colonial legacies, and physical distance are often more important determinants of educational selectivity than wage incentives or selective immigration policy.     

Is energy storage an economic opportunity for the eco-neighborhood?

In this article, we consider houses belonging to an eco-neighborhood in which inhabitants have the capacity to optimize dynamically the energy demand and the energy storage level so as to maximize their utility. The inhabitants’ preferences are characterized by their sensitivity toward comfort versus price, the optimal expected temperature in the house, thermal loss and heating efficiency of their house. At his level, the eco-neighborhood manager shares the resource produced by the eco-neighborhood according to two schemes: an equal allocation between the houses and a priority based one. The problem is modeled as a stochastic game and solved using stochastic dynamic programming. We simulate the energy consumption of the eco-neighborhood under various pricing mechanisms: flat rate, peak and off-peak hour, blue/white/red day, peak day clearing and a dynamic update of the price based on the consumption of the eco-neighborhood. We observe that economic incentives for houses to store energy depend deeply on the implemented pricing mechanism and on the homogeneity in the houses’ characteristics. Furthermore, when prices are based on the consumption of the eco-neighborhood, storage appears as a compensation for the errors made by the service provider in the prediction of the consumption of the eco-neighborhood.     

The Euro as a Monetary Anchor in the CEECs

We study whether Central and Eastern European Countries (CEECs) have an incentive to use the euro as a monetary anchor. Adapting a cross-section estimation method initiated by Bayoumi and Eichengreen, we show that, compared to an optimum currency area standard, the CEECs have paid too much attention to the USD in the past and should prefer the euro to the dollar as a nominal anchor. Through a theoretical model that takes external constraints into account, we then show that the CEECs should also have an incentive to stabilize their currencies in real terms against a basket where the euro would be prominent.