Management of Capital Flows: Comparative Experiences and Implications for Africa

Total Page:16

File Type:pdf, Size:1020Kb

Management of Capital Flows: Comparative Experiences and Implications for Africa UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT Management of Capital Flows: Comparative experiences and implications for Africa UNITED NATIONS New York and Geneva, April 2003 Note The views expressed in this book are those of the authors and do not necessarily reflect the views of the UNCTAD secretariat. The designations employed and the presentation of the material do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries. * ** Material in this publication may be freely quoted; acknowledgement, however, is requested (including reference to the document number). It would be appreciated if a copy of the publication containing the quotation were sent to the Publications Assistant, Macroeconomic and Development Policies Branch, Division on Globalization and Development Strategies, UNCTAD, Palais des Nations, CH-1211 Geneva 10. UNCTAD/GDS/MDPB/2003/1 UNITED NATIONS PUBLICATION Sales No. E.03.II.D.20 ISBN 92-1-112594-4 Copyright © United Nations, 2003 All rights reserved iii Acknowledgements This volume contains seven papers that were presented at a workshop on management of capital flows, organized jointly by the UNCTAD secretariat and the Government of Egypt in Cairo on 20–21 March 2001. The authors of these papers, whom we wish to thank for their time and efforts, extensively revised and updated their research papers in the light of the discussions held at the workshop. We would like to express our appreciation to the Government of Egypt for hosting this event and to the Government of Japan for its financial assistance through project RAF/97/A28, without which the workshop and the research presented in this volume would not have been possible. Active participation in the workshop by officials from Egypt and the following African countries enriched the discussions: Algeria, Cameroon, Côte d’Ivore, Ethiopia, Gabon, Ghana, Kenya, the Libyan Arab Jamahiriya, Morocco, Mozambique, Nigeria, Senegal, South Africa, Tunisia, Uganda, the United Republic of Tanzania, Zambia and Zimbabwe. Contributions to the discussions at the workshop were also made by officials from the United Nations Development Programme (UNDP), the Economic Commission for Africa (ECA) and the International Monetary Fund (IMF). This project was directed by Yilmaz Akyüz, Director, Division on Globalization and Development Strategies, UNCTAD, and managed by Shigehisa C. Kasahara. Kamran Kousari, UNCTAD’s Special Coordinator for Africa, was closely involved in all aspects of the project. Heather Wicks provided logistical and secretarial support in preparation for, and organization of, the workshop. Praveen Bhalla edited the final text and Petra Hoffmann was responsible for its layout and overall presentation. The cover was designed by Diego Oyarzun-Reyes. v List of contributors • Xavier Cirera, Fellow at the Institute of Development Studies, University of Sussex, United Kingdom • Wei Ge, Professor, Economics Department, Bucknell University, Lewisburg, United States • Ricardo Gottschalk, Fellow at the Institute of Development Studies and Programme Director, University of Sussex, United Kingdom • Stephany Griffith-Jones, Professorial Fellow at the Institute of Development Studies, University of Sussex, United Kingdom • Chon Pyo Lee, Professor, School of Economics, Seoul National University, Republic of Korea • Francis M. Mwega, Professor, African Economic Research Consortium, Nairobi, Kenya • Léonce Ndikumana, Associate Professor, Economics Department, University of Massachusetts, United States • Indira Rajaraman, Professor, Department of Economics, National Institute of Public Finance and Policy, New Delhi, India • Delphin G. Rwegasira, Executive Director, African Economic Research Consortium, Nairobi, Kenya • Ajit Singh, Professor, Economics Department, University of Cambridge, United Kingdom • Alaka Singh, PhD. Student, University of Cambridge, United Kingdom • Bruce Weisse, PhD. Student, University of Cambridge, United Kingdom vii Contents Abbreviations............................................................................................ xiii Introduction and summary ...................................................................... xvii CORPORATE GOVERNANCE, COMPETITION, THE NEW INTERNATIONAL FINANCIAL ARCHITECTURE AND LARGE CORPORATIONS IN EMERGING MARKETS Ajit Singh, Alaka Singh and Bruce Weisse I. Introduction ......................................................................................... 1 II. The Asian financial crisis and corporate governance ......................... 4 III. The new international financial architecture and corporate governance .......................................................................... 7 IV. Corporate governance in emerging markets: the facts ..................... 10 A. Patterns of share ownership and control of large corporations in developed and emerging markets ........................................... 10 B. Crony capitalism ......................................................................... 16 V. The theoretical foundations of the OECD/World Bank proposals on corporate governance .................................................. 18 A. The LLSV thesis ......................................................................... 18 B. The Berglof and von Thadden critique ....................................... 21 C. The Glen, Lee and Singh analysis .............................................. 22 VI. Corporate governance and corporate finance in emerging markets: the 1980s versus the 1990s ............................................................... 24 A. Corporate finance, the stock market and corporate governance ... 31 B. Corporate governance and takeovers.......................................... 33 C. Developing country corporations and high gearing ................... 36 VII. Conglomerates and economic efficiency .......................................... 38 A. Empirical evidence ..................................................................... 41 B. Policy issues: chaebol reform in the Republic of Korea ............ 43 VIII. Competition and corporate governance: theoretical issues .............. 47 viii IX. Product-market competition in emerging markets ........................... 48 X. Developing countries, the World Trade Organization and competition policy ............................................................................ 54 XI. Summary and conclusions ................................................................ 58 Appendix ..................................................................................................... 65 Notes ..................................................................................................... 66 References.................................................................................................... 67 THE OECD EXPERIENCE WITH CAPITAL ACCOUNT LIBERALIZATION Stephany Griffith-Jones, Ricardo Gottschalk and Xavier Cirera I. Introduction ....................................................................................... 71 II. The Code of Liberalization of Capital Movements: historical background and instruments ............................................. 73 III. Evolution of the OECD Code and patterns of liberalization among the OECD member countries ................................................ 75 IV. Use of derogation and reservations................................................... 83 A. Analysis of derogation in the Code ............................................ 83 B. Analysis of reservations in the Code .......................................... 85 V. Experiences of selected countries with capital account liberalization: a comparative analysis............................................... 91 A. Spain ........................................................................................... 91 B. The Czech Republic, Mexico and the Republic of Korea .......... 93 C. Lessons........................................................................................ 96 VI. Conclusion......................................................................................... 97 Annex tables .............................................................................................. 100 Notes ................................................................................................... 105 References.................................................................................................. 106 MANAGEMENT OF THE CAPITAL ACCOUNT: A STUDY OF INDIA AND MALAYSIA Indira Rajaraman I. Introduction ..................................................................................... 109 A. India and Malaysia .................................................................... 109 B. The issues .................................................................................. 113 C. Outline of the paper .................................................................. 116 ix II. India................................................................................................. 116 A. Introduction ............................................................................... 116 B. The balance of payments: an overview .................................... 118 C. Invisibles in the current account ............................................... 121 D. Capital inflows .........................................................................
Recommended publications
  • Network Pragmatism: Towards an Open Social Economy Yochai Benkler Democratic Market Society Is Facing a Crisis
    Network Pragmatism: Towards an Open Social Economy Yochai Benkler Democratic market society is facing a crisis. For forty years, the nation state has eroded as the central organizing principle of economy, identity, and institutions, losing its centrality to competing sources both externally and internally. Externally, globalization, cosmopolitanism and universal human rights, and internationalism shifted economy, identity, and polity from the state to the regional and global. Internally, the role of the national public fragmented and shrank along the same three dimensions. Deregulation and privatization (economy), pluralism, civil rights, and individualism (identity), and private ordering through contracts and property (delegating to private actors the domain of polity – use of coercion to achieve social order) mirrored the internationalizing effects. The economic nationalism embodied by the Trump and Brexit victories, as well as by the ascendance of more explicit majoritarian authoritarianism as in Russia, Turkey, or Hungary, offers an internally coherent alternative by inverting all three dimensions of markets, identity, and polity. The newly emerging economic nationalism is a fundamental rejection of the Davos Consensus: an intellectual congruence and political détente between neoliberalism, rights pluralism, and postmodernism that typified the United States and Britain since the 1970s, with clear echoes in other economically advanced democracies. Neoliberalism emphasized the free movement of goods, capital, and labor, freed from the fetters of social and national commitment, promising economic dynamism in exchange for economic security and enhanced consumer sovereignty and entrepreneurial freedom in exchange for solidarity. Cosmopolitanism and pluralism offered tolerance and celebration of difference and individual self-creation in exchange for the solidarity that came with the imagined community of nationalism and easy insider-outsiders binaries as the foundation of collective identity.
    [Show full text]
  • UC Santa Cruz Electronic Theses and Dissertations
    UC Santa Cruz UC Santa Cruz Electronic Theses and Dissertations Title Unbecoming Silicon Valley: Techno Imaginaries and Materialities in Postsocialist Romania Permalink https://escholarship.org/uc/item/0vt9c4bq Author McElroy, Erin Mariel Brownstein Publication Date 2019 Peer reviewed|Thesis/dissertation eScholarship.org Powered by the California Digital Library University of California UNIVERSITY OF CALIFORNIA SANTA CRUZ UNBECOMING SILICON VALLEY: TECHNO IMAGINARIES AND MATERIALITIES IN POSTSOCIALIST ROMANIA A dissertation submitted in partial satisfaction of the requirements for the degree of DOCTOR OF PHILOSOPHY in FEMINIST STUDIES by Erin Mariel Brownstein McElroy June 2019 The Dissertation of Erin McElroy is approved: ________________________________ Professor Neda Atanasoski, Chair ________________________________ Professor Karen Barad ________________________________ Professor Lisa Rofel ________________________________ Professor Megan Moodie ________________________________ Professor Liviu Chelcea ________________________________ Lori Kletzer Vice Provost and Dean of Graduate Studies Copyright © by Erin McElroy 2019 Table of Contents Abstract, iv-v Acknowledgements, vi-xi Introduction: Unbecoming Silicon Valley: Techno Imaginaries and Materialities in Postsocialist Romania, 1-44 Chapter 1: Digital Nomads in Siliconizing Cluj: Material and Allegorical Double Dispossession, 45-90 Chapter 2: Corrupting Techno-normativity in Postsocialist Romania: Queering Code and Computers, 91-127 Chapter 3: The Light Revolution, Blood Gold, and
    [Show full text]
  • Between Imperialism and Islamism
    COVER FEATURE Between imperialism and Islamism KAREN HAYDOCK Between the xenophobes of the West and the illogical fundamentalism in Muslim societies, the choices keep getting grimmer. A mutually beneficial disentanglement can only be provided by humane, reasoned and principled leftwing politics. BY PERVEZ HOODBHOY any of us in the left, particularly in Southasia, Consciousness is not simply a consequence of material have chosen to understand the rise of violent conditions; less tangible, psychologically rooted factors MIslamic fundamentalism as a response to can be very important, as well. It is a palpable truth that poverty, unemployment, poor access to justice, lack the most dangerous religious radicalism comes from a of educational opportunities, corruption, loss of faith deliberate and systematic conditioning of minds that in the political system, or the sufferings of peasants is frenetically propagated by ideologues in mosques, and workers. As partial truths, these are indisputable. madrassas and over the Internet. They have created a Those condemned to living a life with little hope and climate wherein external causes are automatically held happiness are indeed vulnerable to calls from religious responsible for any and all ills afflicting Muslim society. demagogues who offer a happy hereafter in exchange Shaky Muslim governments, as well as community for unquestioning obedience. leaders in places where Muslims are in a minority, American imperialism is also held responsible. have also successfully learned to generate an anger that This, too, is a partial truth. Stung by the attacks of steers attention away from local issues towards distant 11 September 2001, the United States lashed out enemies, both real and imagined.
    [Show full text]
  • This Essay Explains Benjamin Disraeli Parliamentary Response to The
    Conservatism and British imperialism in India: finding the local roots of empire in Britain and India by Matthew Stubbings A thesis presented to the University of Waterloo in fulfillment of the thesis requirement for the degree of Doctor of Philosophy in History Waterloo, Ontario, Canada, 2015 © Matthew Stubbings 2015 Author’s Declaration I hereby declare that I am the sole author of this thesis. This is a true copy of the thesis, including any required final revisions, as accepted by my examiners. I understand that my thesis may be made electronically available to the public ii Abstract This thesis explores the importance of political conservatism in shaping the ideological and political foundations of British imperialism in India between 1857 and 1914. From the Indian Revolt to the rise of Indian nationalism, it examines how British and Indian conservatives attempted to define a conceptual and institutional framework of empire which politically opposed liberal imperialism to the First World War. It relies upon a biographical analysis to examine how intellectual configurations defined distinct political positions on Indian empire. This study reveals the extent that local conservative inclination and action, through political actors such as Lord Ellenborough, Benjamin Disraeli, Lord Mayo, Lord Lytton, the Kathiawar States, Roper Lethbridge, and M.M. Bhownaggree, shaped public and partisan discourse on empire. It argues that British and Indian conservatives evoked shared principles centered in locality, prescription, and imagination to challenge, mollify, and supplant the universal and centralizing ambitions of liberal imperialists and nationalists with the employment of pre-modern ideas and institutions. It is argued that this response to liberalism conditioned their shared contribution and collaboration towards an imperial framework predicated principally upon respecting and supporting local autonomy and traditional authority in a hierarchical and divided India.
    [Show full text]
  • V.5, N.1 2017 V.5, N.1, 2017
    v.5, n.1 2017 v.5, n.1, 2017 Instituições parceiras do INCT/PPED: UFRJ, UFF, UFRRJ, UFJF, UNICAMP e UERJ v.5, n.1, p.5-8, 2017 1 Desenvolvimento em Debate é uma publicação seriada semestral editada pelo Instituto Nacional de Ciência e Tecnologia em Políticas Públicas, Estratégias e Desenvolvimento (INCT-PPED) com o objetivo de divulgar trabalhos científicos originais da área de conhecimento interativa entre as Ciências Humanas, Sociais e Ambientais. COORDENAÇÃO INCT/PPED Renato Boschi e Ana Célia Castro EDITOR Carlos Henrique Santana EDITORA ASSISTENTE Ana Carolina Oliveira CONSELHO EDITORIAL Adel Selmi (INRA, France) Giovanni Dosi (Scuola Superiore Sant’Anna, Pisa, Italy) Alexandre d´Avingon (UFRJ) Ha-Joon Chang (University of Cambridge, UK) Antonio Márcio Buainain (Unicamp) João Alberto de Negri (IPEA) Bhaven Sampat (Columbia University, USA) Jorge Ávila (INPI) Benjamin Coriat (Université de Paris XIII, France) Lionelo Punzo (Universidade de Siena, Italy) Carlos Eduardo Young (UFRJ) Mario Possas (UFRJ) Carlos Morel (Fiocruz) Marta Irving (UFRJ) Celina Souza (UFBA) Peter Evans (University of California, Charles Pessanha (UFRJ) Berkeley, USA) Cristina Possas (UFRJ) Peter May (UFRRJ) Diego Sanchez Anchochea (University Renato Boschi (IESP) of Oxford, UK ) Sérgio Salles (Unicamp) Eduardo Condé (UFJF) Shulin Gu (University of Beijin, China) Erik Reinert (University of Oslo, Norway) Valéria da Vinha (UFRJ) Eli Diniz (UFRJ) Victor Ranieri (USP) Estela Neves (UFRJ) Contato: [email protected] Acesse nosso site : http://desenvolvimentoemdebate.ie.ufrj.br Desenvolvimento em Debate / Ana Célia Castro, Renato Boschi (Coordenadores) Rio de Janeiro, volume 5, numero 1, 2017 132p. 1. Desenvolvimento 2. Estado 3.Políticas Públicas 4.
    [Show full text]
  • Individually for Each
    Semester wise Details of M.A. in Political Science Course 4 . Semester wise Details Semester I/II/III/IV (individually for each semester) Domain Course Title of the Course Credit Number Semester I Core 1 PS-C 101 Debates in Political Theory 5 Core 2 PS-C 102 Themes in Indian Political Thought 5 Core 3 PS-C 103 Theories of International Relations 5 Core 4 PS-C 104 Comparative Political Analysis: Theories, Methods and 5 Approaches Core 5 PS-C 105 Politics in India 5 Core 6 PS-C 106 Administrative Theory 5 Core 7 PS-IDC 107 Gender Studies 5 Core 8 PS-IDC 108 Development 5 Core 9 PS-IDC 109 Security: An Interdisciplinary Discourse 5 Total Credits of the Semester 20 Semester II Core 10 PS-C 201 Key Texts in Political Philosophy 5 Core 11 PS-C 201 Interpreting Modern India 5 Core 12 PS-C 203 Themes in World Politics and International Political 5 Economy Core 13 PS-C 204 Key Concepts in Comparative Political Analysis 5 Core 14 PS-C 205 Democracy and Political Institutions in India 5 Core 15 PS-C 206 Policy and Governing 5 Core 16 PS-IDC 207 Environment 5 Core 17 PS-IDC 208 Human Rights: Challenges and Concerns 5 Core 18 PS-IDC 209 Research Methods in Social Sciences 5 Total Credit of the Semester 20 Semester III and IV Elective 1 To be chosen from 21 to 24 papers of 6 sub-disciplines in 4 Elective 2 each semester: 4 Political Theory, Indian Political Thought, Comparative Elective 3 4 Politics, Indian Politics, Public Administration and Elective 4 International Relations 4 Elective 5 Listed Below (4.2) 4 Elective 6 4 Elective 7 4 Elective 8 4
    [Show full text]
  • Vd Savarkar, Subhas Chandra Bose, Ms Golwalkar, and The
    THE INVENTION OF HINDUSTAN: V.D. SAVARKAR, SUBHAS CHANDRA BOSE, M.S. GOLWALKAR, AND THE MODERNIZATION OF HINDU NATIONALIST LANGAUGE ____________________________________ A Thesis Presented to the Faculty of California State University, Fullerton ____________________________________ In Partial Fulfillment of the Requirements for the Degree Master of Arts in History ____________________________________ By Christopher Chacon Thesis Committee Approval: Professor Robert McLain, Chair Professor Jasamin Rostam-Kolayi, Department of History Professor James Santucci, Department of Comparative Religion Summer, 2016 ABSTRACT In this thesis I argue that Hindu nationalist terminology, particularly the concepts of Hindutva, Samyavada, and national identity, modernized amid currents of globalization and neocolonialism in the early twentieth-century. In the theoretical section, I examine how systems of knowledge and power in India were directly and indirectly affected by the globalization of western modernity. In the primary source analysis section, I discuss three prominent Hindu nationalists and their ideas in support of the argument made in the theoretical section. Veer Vinayak Damodar Savarkar (1883-1966), the philosopher of Hindutva, represented the ethno-nationalistic component to Hindu nationalism and looked to cultural motifs in order to unify the “true” people of India. Netaji Subhas Chandra Bose (1897-1945), the militant hero who formed the Indian National Army and outright opposed the British, contributed the aggressive discourse of nationalist rhetoric. Sarsanghchalak Madhav Sadashiv Golwalkar (1906-1973), the supreme leader of the Rashtriya Swayamsevak Sangh (RSS), utilized Hindu nationalist rhetoric in order to mesmerize post-independence Indians and lay the foundation for the future of the RSS. Although these individuals represented a current within Indian nationalist history, their lives and literature influenced the language of Hindu nationalism.
    [Show full text]
  • Peak Politics: Resource Scarcity and Libertarian Political Culture in the United States
    Peak Politics: Resource Scarcity and Libertarian Political Culture in the United States A Dissertation SUBMITTED TO THE FACULTY OF UNIVERSITY OF MINNESOTA BY Matthew Schneider-Mayerson IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF DOCTOR OF PHILOSOPHY Elaine Tyler May, Adviser June 2013 © Matthew Schneider-Mayerson, 2013 Acknowledgements First and foremost, many thanks to the wonderful members of my committee, Elaine Tyler May, Lary May, Daniel J. Philippon, Kevin P. Murphy and David N. Pellow. Elaine and Lary were dedicated mentors throughout graduate school, even when they—and often I—had little idea exactly what I was studying, or why. Lary’s emphasis on the “so what” question reminded me that my research should always be relevant, while Elaine’s consistent support, insight, and warmth were invaluable. Their monthly dissertation group provided the kind of intellectual community that one seeks but rarely finds as one enters graduate school, and having regular take-out Chinese food made me, a Jew from New York City, feel right at home in the Midwest. Dan Philippon was a mentor in my environmental pursuits and provided generous feedback and advice on this and other projects that was incredibly thoughtful and detailed. David Pellow agreed to join at a late stage and always provoked me to consider new angles. Kevin Murphy guided my research into conservatism and masculinity and was a model of sustaining kindness and warmth. Thanks to the University of Minnesota for its financial support, especially in the form of a Graduate Student Fellowship my first year and a Doctoral Dissertation Fellowship this last year.
    [Show full text]
  • Papers De Demografia 462
    PAPERS DE DEMOGRAFIA 462 2018 Bellaterra (Barcelona) GARHA, Nachatter Singh (2018) "Indian Diaspora: National register, UN Global Migration Database and Big Data". Papers de Demografia, 462: 1-35. Bellaterra: Centre d'Estudis Demogràfics. Abstract- Indian Diaspora: National register, UN Global Migration Database and Big Data In 2017, the Indian Diaspora was one of the biggest in the world. But until the last decade of the twentieth century, owing to the limited interest of the successive Indian governments, no regular register was maintained for the diaspora population. In 1990s, the accelerated emigration under globalization and the growing interests of Indian government to use diaspora as a source of political and economic power, raised the need to quantify the size and demarcate the geographical and political boundaries of the diaspora. Consequently, from 2001 the Indian government started to collect data about its diaspora population from the countries of destination. This data often suffers from incomplete coverage, conflicting political interests, and methodological nationalism; and provides distorted images of the diaspora. Recently, the emergence of ‘UN Global Migration Database’ and ‘Big Data’ create an opportunity to explore other aspects of the diaspora population. In this paper, our main objectives are: firstly, to quantify the size of diaspora population and demarcate the geopolitical boundaries of the Indian diaspora from available sources; secondly, to explore the role of the UNGMD and Big Data (Facebook) in explaining the socio-demographic characteristics and internal diversity of the Indian diaspora; and finally, to present the advantages and shortcomings of existing data sources on Indian diaspora population. Key words: Indian diaspora; National register; UN Global Migration Database; Big Data; Internal diversity.
    [Show full text]
  • Can We Practice What We Preach? an Inquiry Into Systems of Knowledge in the Social Reform Period
    Can We Practice What We Preach? An Inquiry into Systems of Knowledge in the Social Reform Period Thesis Submitted to Kuvempu University for the Award of the Degree of Doctor of Philosophy (Culture Studies) Submitted by Polly Hazarika Centre for the Study of Culture and Society, Bangalore Under the Guidance of Dr.Vivek Dhareshwar Senior Fellow Centre for the Study of Culture and Society, Bangalore. Kuvempu University Centre for Excellence Bangalore. Declaration I hereby declare that the thesis entitled Can We Practice What We Preach? An Inquiry into Systems of Knowledge in the Social Reform Period submitted to Kuvempu University for the award of the Degree of Doctor of Philosophy contains my original research done under the guidance and supervision of Dr. Vivek Dhareshwar, Senior Fellow, CSCS, Centre for Excellence, Kuvempu University, and that it has not previously formed the basis for the award of any Degree or any other similar title of any University or Institution. Polly Hazarika Place: Bangalore Date: 31 - 8 – 2011 Certificate This is to certify that the thesis entitled Can We Practice What We Preach? An Inquiry into Systems of Knowledge in the Social Reform Period submitted to Kuvempu University by Ms Polly Hazarika for the award of the Degree of Doctor of Philosophy is her work done under my guidance and supervision. Dr Vivek Dhareshwar, Senior Fellow, CSCS Bangalore. Dr S.V. Srinivas, Ashish Rajadhyaksha (Member, Ph.D. Committee) (Director) CENTRE FOR THE STUDY OF CULTURE & SOCIETY (Affiliated to Kuvempu University) BANGALORE—560061 August 2011. This work is for my parents, Julie and Kashi Nath Hazarika.
    [Show full text]
  • Conflict Trends (No
    CONFLICT TRENDS (NO. 4) REAL-TIME ANALYSIS OF ASIAN POLITICAL VIOLENCE, FEBRUARY 2016 Welcome to the first 2016 Armed Conflict Location and above named countries. We are also pleased to announce Event Data Project’s Conflict Trend Report for Asia. This is the completion Thailand and Vietnam data from January the fourth report in our series. The analysis is based on 2010-December 2015, the release of which will be pub- ACLED real-time and historical data on political violence lished in the coming month. and protests from ten countries in South and Southeast Conflict Trend Report No. 4 includes a general overview of Asia. Monthly data updates are published through our the violence recorded in South and Southeast Asia research partners at Complex Emergencies and Political throughout 2015. The report highlights distinctions be- Stability in Asia (CEPSA) and are also available on the tween the types and frequency of political violence and ACLED website. protests throughout 2015, a general review of rioting in In February 2016 ACLED released the first annual dataset South Asia, a focus on Pakistan’s most violent spaces, a of South and Southeast Asia political violence and protest piece on the rise of conservatism in India, and a review of data. This set covers events in 2015 across ten South and Myanmar’s tenuous peace with rebel groups. A special South-East Asian states. 10,195 political violence and pro- report analyzing Thailand’s conflict environment over the test events are recorded in 2015. ACLED’s team is also last six years focuses on targeted killings of Buddhists and working to record historical data from 2010 in Pakistan, teachers, Thailand’s southern Muslim insurgency, and India, Myanmar, Bangladesh, Nepal, Sri Lanka, Laos, Cam- the underreportingof continuous violence in Thailand’s bodia, Vietnam, and Bhutan.
    [Show full text]
  • A Scale to Measure Political Ideology in India Running Head
    POLITICAL IDEOLOGY IN INDIA 1 Beyond Left and Right: A Scale to Measure Political Ideology in India Running head: Political Ideology in India Arathy Puthillam1, Hansika Kapoor1,2, and Sampada Karandikar1 1 Department of Psychology, Monk Prayogshala, Mumbai, India 2 Neag School of Education, University of Connecticut, CT, USA Author Note Arathy Puthillam3 https://orcid.org/0000-0003-2426-8362 Hansika Kapoor https://orcid.org/0000-0002-0805-7752 Sampada Karandikar https://orcid.org/0000-0003-3082-4468 Note that this is only a preprint, in the sense that it has not yet been peer reviewed. The present study was not funded by any particular grant or organization. Study 1 was presented as a paper at the 2020 Annual Meeting of the International Society of Political Psychology and both the studies were discussed as part of a larger session at the 2021 Virtual Convention of the Society for Personality and Social Psychology Correspondence concerning this article should be addressed to Arathy Puthillam, Department of Psychology, Monk Prayogshala (Sec 8), 4114, C Wing, Oberoi Garden Estates, Powai, Mumbai 400072, Maharashtra, India. 3 AR, HK, and SSK conceptualized the study, AR, SSK, and HK contributed to data preparation, collection, and analysis. AR and HK contributed to report writing and editing. POLITICAL IDEOLOGY IN INDIA 2 E-mail: [email protected] POLITICAL IDEOLOGY IN INDIA 3 Author CRediT statement Arathy Puthillam: Conceptualization, Methodology, Data Curation, Formal Analysis, Investigation, Writing- Original Draft Preparation Hansika Kapoor: Conceptualization, Methodology, Writing- Original Draft Preparation, Review & Editing Sampada Karandikar: Conceptualization, Methodology, Data Curation Acknowledgements We are thankful to Rahul Verma, Deepika Padmanabhan, and Linda J.
    [Show full text]