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FDI interconnectedness and sustainable economic development: a linear and non linear Granger Causality Assessment
Get PDFPrevious studies on foreign direct investment (FDI) have not examined the hidden effects of its inherent connectedness characteristics among different economies. In order to uncover such hidden effects, this study conducts two sets of analyses.
Firstly, the systemic risk-based approach constructed using Granger-causality networks and Principal Component Analysis is used to examine the level and degree of the network of pairwise
statistical relationships among countries in the Latin American and Caribbean (LAC) region. Secondly, the determinants of the observed connectedness index are examined using regression
models. This set of analysis shows that region-specific and global macroeconomic conditions such as the Consumer Price Index of the LAC region, US term spread, and interest rates impact the
degree of interconnectedness. The complexity and stability of the system of FDI capital expenditure connectedness within the
LAC region offers interesting prospects for macro-economic analysis, policy and stakeholder decision-making and further research development
In the shadow of hierarchy: minimum wage commissions in the UK and Germany
Get PDFThe adoption of statutory minimum wages has been accompanied by institutional innovations in the relationship between governments, employers and unions. In the UK and Germany, minimum wage commissions were created to recommend or determine the minimum wage. Their memberships are dominated by trade unionists and employers. Structures which engage the social partners ‘in the shadow of hierarchy’ can be efficient as well as politically expedient. They will be stable if, first, the social partners can establish a consensual basis for decisions and, second, this consensus position is near enough to the government’s position not to trigger intervention. The first condition has been met but not the second: both in the UK and Germany, governments have overridden employers and unions in order to introduce higher minimum wages. The article explores why this has happened and draws out the implications for minimum wage-fixing and the stability of shadow-of-hierarchy arrangements
The long and winding road towards the creation of climate clubs: transatlantic negotiations, potential regulatory models and challenges ahead
Get PDFProposals for the establishment of plurilateral climate clubs have gained momentum, and both the European Union (EU) and the United States (US) will play a pivotal role in forthcoming negotiations. This article closely examines EU and US proposals to uncover distinctive features in their regulatory approaches and to critically assess different potential models for sectoral climate club arrangements. The article argues that a middle ground could be reached by combining the US policy-neutral approach with the EU distinctive product-based focus. A bottom-up model involving average sectoral carbon intensity reduction targets, product standards and bans could provide an effective and practicable way forward. Recent declarations confirm that the negotiations of the Global Steel and Aluminium Arrangement are focusing on product standards. Nonetheless, several challenges lie ahead: these include the difficult coordination between plurilateral arrangements and the EU carbon border adjustment mechanism, and the US focus on non-market economies and excess capacity
How frequency and intensity of exposure to a foreign language boosts its emotional resonance
Get PDFThis cross-sectional study seeks to compare levels of emotional resonance in Arabic and English and identify the effects of sociobiographical factors, the history of English language learning and the current use of English on the development of emotional resonance of English among 141 bi- and multilingual Arab pupils and students in Saudi Arabia. Arabic was found to have a significantly stronger emotional resonance than English.
Higher scores on emotional resonance in English were found among female participants, participants who had attended English-speaking primary (but not secondary schools), and participants who were using English intensely and frequently at the time of the data collection. We argue that all these factors contribute directly and indirectly to higher proficiency and increased embodiment of English
Thousands still shielding from Covid 'failed by ministers' as support cut back
No full textAn interview with Prof Martin Paul Eve on the UK government's withdrawal of pandemic suppor
Op reis in de Middeleeuwen: De wereld door de ogen van geleerden, spionnen en heiligen
No full textDutch translation of A Travel Guide to the Middle Age
The impact of explanations as communicative acts on belief in a claim: the role of source reliability
Get PDFProviding an explanation is a communicative act. It involves an explainee, a person who receives an explanation, and an explainer, a person (or sometimes a machine) who provides an explanation. The majority of research on explanation has focused on how explanations alter explainees’ beliefs. However, one general feature of communicative acts is that they also provide information about the speaker (explainer). Work on argumentation suggests that the speaker’s reliability interacts with the content of the speaker’s message and has a significant impact on argument strength. In five experiments we explore the interplay between explanation, the explainee’s confidence in what is being explained, and the explainer’s reliability. Experiment 1 replicates results from previous literature on the impact of explanations on an explainee’s confidence in what is being explained using real-world explanations. Experiments 2 and 3 show that providing an explanation not only impacts the explainee’s confidence about what is being explained but also influences beliefs about the reliability of the explainer. Additionally, the two experiments demonstrate that the impact of explanation on the explainee’s confidence is mediated by the reliability of the explainer. In Experiment 4, we experimentally manipulated the explainer’s reliability and found that both the explainer’s reliability and whether or not an explanation was provided have a significant effect on the explainee’s confidence in what is being explained. In Experiment 5, we observed an interaction between providing an explanation and the explainer’s reliability. Specifically, we found that providing an explanation has a significantly greater impact on the explainee’s confidence in what is being explained when the explainer’s reliability is low compared to when that reliability is high. Throughout the study we point to the important impact of background knowledge, warranting further studies on this matter
Conceptualising the nexus between macro-level ‘turbulence’ and the worker experience
Get PDFIn this article, we introduce the special issue on conceptualising the nexus between macro‐level ‘turbulence’ and the worker experience. We discuss ‘turbulence’ as economic, political, social, technological, and environmental crises occurring in the macro‐environment and affecting the world of work. We argue that human resource management plays a critical role in supporting not only the organisation, but also workers, to navigate through macro‐level events. Based on the contributions included in this Special Issue, we suggest a novel framework that situates and expands the role of the Human Resources (HR) function in contemporary organisations by proposing a new role, the Proactive Carer. We argue that the debates around the role of HR and HR professionals have so far been too narrow and internally focused. It is time to expand this role to be externally facing, proactively monitoring the macro‐environment for significant events, anticipating any significant changes for workers, and designing interventions to minimise any negative impact. We conclude by highlighting avenues for future research
Perceptual aftereffects of adiposity transfer from hands to whole bodies
Get PDFAdaptation aftereffects for features such as identity and gender have been shown to transfer between faces and bodies, and faces and body parts, i.e. hands. However, no studies have investigated transfer of adaptation aftereffects between whole bodies and body parts. The present study investigated whether visual adaptation aftereffects transfer between hands and whole-bodies in the context of adiposity judgments (i.e., how thin or fat a body is). On each trial participants had to decide whether the body they saw was thinner or fatter than average. Participants performed the task before and after exposure to a thin/fat hand. Consistent with body adaptation studies, after exposure to a slim hand participants judged subsequently presented bodies to be fatter than after adaptation to a fat hand. These results suggest that there may be links between visual representations of body adiposity for whole bodies and body parts
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