Replica localization in East Asia: the case of the Asian hedge fund industry

Hedge funds exemplify complex finance in the global economy and are appearing in diverse national settings. One question that follows is whether hedge funds in the Asian region have been localized and exhibit significant differences to their US/UK counterparts or whether there is predominantly one global model. The analysis here point to the importance of what is called replica localization, wherein local control has entailed little deviation from the practices of Anglo-American hedge funds. Evidence generated from databases and interviews confirms the largely equivalent structures and strategies found in the new Asian hedge fund sector. The significance is that a small but growing Asian financial space has been carved out that is funded by Asian capital and managed by Asian elites but matches external models. To further delineate globalized finance, comparative research is needed to determine when and why complex finance is either present or absent outside of Anglo-American economies.     

A habitus of instability: youth homelessness and instability

This research introduces the concept of a habitus of insecurity to account for the lives of homeless young people. It outlines how conditions of existence are internalised and how homeless young people come to expect and in turn recreate instability in their lives. This research addresses the internalisation and naturalisation of experiences of instability, insecurity and marginalisation and how people can come to subjectively aspire to what they are socialised to see as objectively probable or ‘for the likes of them'. The research draws on ethnographic research and participant observation to examine the complex lives of homeless young people and how they are shaped by instability and insecurity inculcated before, during and after experiences of homelessness. This research highlights that people should not be defined merely by their experiences of homelessness of housing status, but by the complex array of conditions that shape their lives.     

Roads to American Empire: U.S. Military Public Works and Capitalist Transitions, 1898–1934.

Between 1898 and 1934, in synchronous and successive U.S. military interventions and occupations in Cuba, Puerto Rico, the Philippines, Haiti, and the Dominican Republic, American soldiers made public works, and especially roads, into a global technology of imperial power. This essay examines infrastructure as a factor in state formation and capitalist transition in these five different imperial spaces as a way to study U.S. empire, and its effects on foreign societies, through a comparative, global, and intra‐imperial approach often precluded by the methodological nationalism of historical and sociological literatures. Despite significant differences between these sites of U.S. war and occupation, both prior to American interventions and during them, U.S. military public works expressed and advanced a common political‐economic logic of state centralization and capital accumulation. Colonial and post‐colonial political institutions and political economies, the strength of central governments, the extent of plantation agriculture and rural proletarianization, world commodity markets, and geography and natural events varied, but determined U.S. imperial infrastructure's outcomes. By the 1930s, the U.S. military had elevated infrastructural improvement to a key repertoire of American imperial power in the world, and one which persisted as the United States turned away from formal colonialism in the era of the Cold War and decolonization.     

Capital as the lens that Bourdieu Pierres through: Public relations,social theory,and rhetoric

In this paper, I explore the limitations of Bourdieu’s “capital” with the help of Burke’s four master tropes: metaphor, metonymy, synecdoche, and irony. Both Bourdieu and Burke were concerned with theoretical reductionism. I claim that Bourdieu could not help but be reductive insofar as his metaphor of capital became the totalizing lens through which he understood society. First, I review Bourdieu’s forms of capital, noting how capital serves as the sine qua non of his theory of practice. Second, I situate Bourdieu within the PR literature. Third, I read Bourdieu’s “capital” through Burke’s (1941) four master tropes. Reading Bourdieu through Burke enables PR scholars to better understand the limitations in Bourdieu’s terminology, which leads to debunking, materialist reductionism, and relativism. I conclude with implications for future research adopting Bourdieusian and Burkean approaches to public relations.     

Families,Resources, and Suicide: Combined Effects on Mortality

Important resources from family support systems, employment, and educational attainment inhibit the risk of death. Independently, these factors are particularly salient for suicide, but how they combine to affect mortality is less clear. Analyses of National Health Interview Survey data from 1986 to 2004 (N = 935,802), prospectively linked to mortality through 2006 (including 1,238 suicides), reveals a process of compensation in the way work status and family combine to affect adult suicide: Individuals who are not working experience more suicide defense from more protective family support systems than do working adults. But a process of reinforcement occurs in the combination of education and family: More education associates with more protection from the family than does less education. The findings demonstrate how families and resources combine to affect mortality in unique ways.     

Raccoon use of the urban matrix in the Baltimore Metropolitan Area, Maryland

The raccoon is often considered a synanthropic species; however, most urban research on this species has been restricted to urban parks or green spaces. Little is known about the persistence of synanthropic characteristics in the raccoon within the urban matrix. We examined density, den selection, home range size, habitat selection, and survival for adult raccoons (Procyon lotor) during summer (June?CAugust) and autumn (September?CNovember) in two residential neighborhoods, Linthicum located inland, and Riviera Beach on a peninsula in the Potomac river, in Southern Maryland. Den site selection varied by gender (P?=?0.0002) and study site (P?=?0.052), and study site interacted with gender (P?=?0.0063), with female raccoons denning preferentially on the ground and male raccoons in human structures in Riviera Beach while in Linthicum females denned preferentially in trees and males avoided human structures. Seasonal home range size was larger for males (P?<?0.0001) than females at both sites. Habitat selection varied at different hierarchical levels, and between gender, season and site. Intersite differences in habitat selection were apparent at the second order and third order scale. Aquatic and urban habitat was ranked high and woodland consistently lowest in second order scale at Riviera Beach while urban habitat was consistently ranked lowest at Linthicum where woodland ranked highest. Between the hierarchal scales (2nd and 3rd order) a difference in habitat selection occurred at Linthicum only where urban habitats ranked lowest at 3rd order. The differences in patterns of habitat selection we observed between two urban sites at different hierarchical scales suggest that resource selection is dependent upon the specific characteristics of the site and that raccoons exhibit variable responses to changes in landscape features. Finally, male survival tended to be lower (P?=?0.079) than female survival in both study sites. Our results reveal that raccoons can continue to exhibit synanthropic characteristics within the urban matrix even in areas with little natural habitat. This ability to adjust to different levels of development allows the raccoon to occur throughout most parts of the urban landscape, which has important management implications for human-raccoon conflicts and disease management.     

What schools are doing around career development: implications for policy and practice

This article describes the role that schools are playing in supporting career development for young people. It examines the history of career-related programming in schools, including school-to-work programs, career and technical education, the college and career readiness movement, and current school reform initiatives. This understanding of schools' history, roles, opportunities, and constraints can help practitioners and policymakers think about how to build a system that supports youth development.     

Child Obesity and the Interaction of Family and Neighborhood Socioeconomic Context

Population Research and Policy Review - The literature on neighborhoods and child obesity links contextual conditions to risk, assuming that if place matters, it matters in a similar way for...