The conventional wisdom is that although economic effects of FDI on the host economy are mostly positive, they are conditional. For example, they depend on host countries having reached critical levels of human capital or institutional quality. This column provides a systematic assessment of the contemporary evidence. It reports a meta-analysis of about 1100 estimates focusing on countries under those thresholds (i.e., those for which previous studies tend to find no robust effects). It concludes that the economic impact of FDI is less “conditional” than commonly thought. One potential explanation is that, below the thresholds, the difference between “macro” and “micro” effects is substantial while, above them, the difference between private and social returns is smaller.
Archive for the 'Uncategorized' Category
Starting from the century of Polish women’s movement, and the LGBTQ politics to Polish art in London and Brexit.
Emancipation now seems to be in a backlash. In October, Polish women again demonstrated to commemorate October 2016, when the whole of Poland was dressed in black; when thousands of Polish women and men demonstrated against a proposal to radicalize already one of the most radical abortion laws in Europe. This was also part of the London story; many Polish women also honoured October 2016 a few weeks ago in front of Polish Embassy. The story of women’s emancipation, gender politics and migration was a leading theme of many SSEES’ seminars and talks. Let’s recall some facts….
When I start my Polish classes, I ask my students about any Polish people; Copernicus, Fryderyk Chopin, Lech Wałęsa… Women hardly ever appear in the list, so I mention, usually to my students’ surprise, Marie Curie. (more…)
Oskar OK Krajewski, Polish Artist in London, on art, recycling, and migration
Dr Urszula Chowaniec, Senior Teaching Fellow in Polish Language
Thousands of small objects… hundreds of fragments linked together in a seemingly random way create an ideal shape; a colourful space interlaced with light and flickering glimpses, as if just for this sculptured form all the tiny items were intended. Was it only by accident or misunderstanding that they used to be a piece of computer, toy, or TV remote? They really meant to be Recycled Future.
Recycled Future is Oskar OK Krajewski’s centre sculpture presented during his exhibition at Oxo show (1-5 November, 2017). It is an amazing piece made of over 25,000 parts of old broken everyday objects. As a central piece, the whole exhibition is called Recycled Future. OK admits that this piece is representative to all his recent artworks. It took Oskar about 5 years to complete the whole show. He never works on one project at the time, rather he distracts himself over many works, and therefore it gets slower to complete the piece. But this is how ‘OK’ creates.
Dr Sarah Young, Senior Lecturer in Russian
This post was first published on sarahjyoung.com
How might we think of Dostoevsky as a radical writer? In his later years he certainly seemed anything but. From his searing critique of nihilist ideas in Notes from Underground and Crime and Punishment, and his scathing portrayal of revolutionaries in Demons, to his increasingly virulent Orthodox nationalism and support for the authoritarian Tsarist regime expressed in his Diary of a Writer, his reactionary views appear to be in no doubt. Yet he understood the depths of human misery and the need for utopian visions and the transformation of society. He always maintained an interest in social justice that seems contrary to his political position, and his death was mourned by thousands of radical students. In his youth he did move in revolutionary circles, and much later acknowledged that even if he might not have found been a leader of such a movement, he was, and remained, capable of being a follower. His novels – typically of their focus on the extremes of human behaviour – show that fanatical atheism and fervent religious faith are two sides of the same coin, something he saw as a particularly Russian trait. Was this then just a reflection of the tensions in his own character and the ideological transition he experienced, or perhaps sought, within himself?
Dr Elodie Douarin, Lecturer in Economics
Planning to read this summer? I have come up with a short list of recommendations. You can expect a little bit of an economic bias (that’s generally what I am interested in). Some of these books are directly relevant to my teaching or research, others just felt relevant…
So I am throwing my little list below with the hope that some of my colleagues will come up with their own list of suggestions… I am listing the books in alphabetical order. Any comment welcome!
Dr Randolph Bruno, Senior Lecturer in Economics
The BREXIT debate, that we see unfolding within the UK parliament, the European Parliament, the media, British as well as international news outlets and more generally in public speeches on the campaign trail, is in many ways bewildering. It is in particular surprising that despite its importance it is very difficult to understand where each and every politician really stands on the issue of Brexit (e.g. http://www.bbc.co.uk/news/av/uk-politics-40088892/jeremy-paxman-grills-theresa-may-and-jeremy-corbyn). Negotiations strategies and possible outcomes remains very difficult to predict, as do the impact of the process on future relations with the EU . The confusion is further worsened by the circulation of alternative facts on social media, which may be contributing to a polarisation of views in society. The recent increase in hate crimes after the referendum is possibly one of the most worrying symptoms of these exacerbated social tensions.
A Polish family in Plymouth received what police described as a “hate-filled” letter.
Balázs Szent-Iványi (Aston, Centre for Europe)
The Centre for the Comparative Studies of Emerging Economies organised an afternoon round-table at UCL’s School of Slavonic and East European Studies on 25 April 2017 to launch a book, FDI in Central and Eastern Europe – Post-Crisis Perspectives (Palgrave 2017), edited by Balazs Szent-Ivanyi, Aston University in Birmingham. The event was organised with financial support from SSEES, the UCL European Institute and the Centre for Europe, Aston University. Professor Tomasz Mickiewicz (Aston Business School, previous SSEES), Professor Slavo Radosevic (UCL, SSEES) and Dr Randolph Bruno (UCL, SSEES) took part in this event.
Prof Alena Ledeneva, Professor of Politics and Society
The Soviet Union collapsed more than quarter of a century ago and since then many people have offered their own interpretations of the event. Most of them are valid, but none of them could fully embrace the complexity of the phenomenon and we still do not have a comprehensive account of why the largest country in the world disintegrated, and what the consequences of this were.