Ownership and control of Maori land: Some lessons for South Africa

New Zealand replaced customary tenure of Maori land with titles. Some issues are relevant to South Africa. Massive redistribution of Maori land is accounted for by inadequate property rights conferred fay colonial legislation. Institutions emerged to deal with problems of landlessness and low farm incomes created by titling, among which private incorporations and trusts were particularly successful Such institutions may under certain conditions be useful to smallholders in the former homelands and to groups of farmers who acquire freehold land in South Africa.     

Homeownership, committed expenditure risk, and the stockholding puzzle

Kimball (1991) showed that consumers who face an unavoidablerisk will display 'temperance', meaning that they will increasetheir holdings of safe assets. In principle, temperance couldprovide an explanation for the stockholding puzzle, which isthe microeconomic manifestation of the equity premium puzzle.Previous work has shown that the temperance effect induced bylabor income uncertainty is too small to explain the stockholdingpuzzle. This paper finds that committed expenditure risk associatedwith homeownership induces enough additional temperance to explainthe puzzle.     

The RESER survey of service literature, 1996–2001: new information and communication technologies and services. A synthesis from eight national reports

Salespeople, although the emissaries of the firm's marketing message, find themselves caught amidst new developments in the market place without the necessary guidelines for facing the new challenges presented to them. The separate development of the fields of Sales Management and Relationship Marketing has left unexplored the transition of salespeople from the 'close the sale' imperative to 'build long-term customer relationships'. Our study explores the selling job in the relational sales context of the services sector and highlights a number of key issues for the development of the theory and practice of relationship orientated sales management.     

The Decentralisation of Airbus Production and Services

Airbus has been multisourcing production since the first rollouts in the late 1970s, spawning clusters of suppliers around its locations in Bristol, Hamburg, Madrid and Toulouse. Moreover, both the A380 project and globalisation of the aircraft market pointed up the need and value of outsourcing. This paper analyses the outlook for supplier clusters in Toulouse and elsewhere based on Airbus thinking and practices before identifying the ingredients of successful outsourcing.     

Consultancy Companies and their Regional Plants

After two decades of steady growth, the concentration of high-ylevel tertiary activity in capital cities or in large metropolitanyareas has hardly changed. The existence of a regionally-basedysupply is measurable statistically, but its contribution to theymarket is still often insignificant. One explanation for thisysituation lies in the antagonism that exists between specialisedyproduction, the geographical limits of markets and the needyfor proximity between consultants and their clients. This situa-ytion can be modified by participation in network arrange-yments, especially in the case of management and marketingyconsultancy.     

Uzbekistan: the silk road to nowhere?

The Central Asian country of Uzbekistan has adopted a unique transition strategy of gradual, state-guided development in which stability and equality are principal objectives and in which growth is sought for now by exporting staple raw materials and importing capital equipment to assure energy independence and to invest in backward-linkages into cotton fabricating, chemicals, and other manufacturing branches. Sharp criticisms of the'Uzbek Road'by multinational agencies unfairly neglect positive aspects of the transition record to date in comparison with other post-Soviet states of the area.     

Introduction

The European research network on services and space (RESER) is a network of over 20 research groups and individuals active in services research and policy formulation located in 13 European countries. The network was established in 1988 on the understanding that service occupations and industries were under-researched, especially in relation to their importance in the employment structures of developed market economies. At that time in 1988, very few researchers were involved in the conceptualisation (theoretical and empirical) of the role played by business service activities in regional or local growth.

Members of the network have their roots in a variety of disciplines – economics, business studies, geography, sociology, psychology, political sciences and planning. Most are based in universities, but some work for private firms, as researchers or consultants.

Over the last few years, service research has been transformed. It is no longer considered as a novel research undertaken by academics who were considered to be somewhat misguided in no longer accepting the dominance of manufacturing industry. Services approaches have become mainstream in the social science literature whilst at the same time many service specialists no longer identify with the term ‘services’.     

Understanding the relationship between services and innovation: the RESER review of the European service literature on innovation, 2002

This essay reviews the European literature on innovation by drawing upon specially commissioned reports written by academics located in six countries. The innovation literature is classified into four types: technologist, service-orientated, integrative and theoretical. Each of these types is explored. One of the major findings is that different countries and researchers are at different stages of this life cycle approach to the literature. It is also suggested that the integrative approach is an exciting opportunity for developing the research agenda in this field.     

Broadening access to land markets: Financing emerging farmers in South Africa

This article reports on a pilot survey of commercial farms acquired by disadvantaged people in the province of Kwazulu‐Natal, and describes a recent financial strategy to improve access to land. The survey tested a sampling technique to gather information about the rate of land redistribution, the source of terms and conditions of loans used to finance land, and the nature of property rights, managerial arrangements and land use patterns on farms acquired by disadvantaged people. It was estimated that only 0,09 per cent of the farmland available for redistribution was transferred to disadvantaged people during 1995. This low rate of transfer was attributed largely to legislation regulating the subdivision of farmland, and liquidity problems created by traditional mortgage loans. Recent experiments involving mortgage loans with graduated repayment schedules have helped to address the cashflow problem. However, these financial innovations, funded largely by the private sector, are not widely available and their impact is constrained by the Subdivision of Agricultural Land Act. It is recommended that the government amend or scrap this Act, and include financial strategies used by the private sector in its own range of land redistribution programmes.     

Communities,institutions and natural resources: An assessment of case‐studies from KwaZulu Natal

This article describes three community‐based organisations (CBOs) that were established to protect natural resources in parts of KwaZulu Natal. The object is to determine why some CBOs are more successful than others. The case‐studies (Dukuduku Forest, Shongweni Resources Reserve and Thukela Biosphere Reserve) are analysed and compared using criteria suggested by the theory of institutional economics. It is concluded that the rural poor are unlikely to comply with rules restricting their access to natural resources unless the benefits are obvious. Creating appropriate management institutions is a necessary first step, but it may also be necessary to subsidise their enforcement costs and development programmes.