“Robin Hook”: The developmental effects of Somali piracy

Copyright @ 2011 Brunel UniversityNaval counter-piracy measures off Somalia have failed to change the incentives for pirates, raising calls for land-based approaches that may involve replacing piracy as a source of income. This paper evaluates the effects of piracy on the Somali economy to establish which (domestic) groups benefit from ransom monies. Given the paucity of economic data on Somalia, we evaluate province-level market data, nightlight emissions and high resolution satellite imagery. We show that significant amounts of ransom monies are spent within Somalia. The impacts appear to be spread widely, benefiting the working poor and pastoralists and offsetting the food price shock of 2008 in the pirate provinces. Pirates appear to invest their money principally in the main cities of Garowe and Bosasso rather than in the backward coastal communities

The Role of Politics and Institutions in LDC Currency Devaluations

This paper examines political, institutional and economic determinants of exchange rate performance in less developed countries in the 1990s. It models exchange rate depreciations as two separate processes, firstly a process determining whether a currency is devalued and secondly a process determining the size of devaluation. The paper utilizes the most recent political and institutional data as well as a new index of central bank governor turnover in the 1990s to examine the relative importance of political and economic factors. While institutional and political factors dominate the probability of devaluation, the size of devaluations is mainly governed by economic factors.exchange rate systems; less developed countries; speculative attack; fundamentals; institutions

The pirates of Somalia: Coastguards of anarchy

This paper analyses the underlying factors driving piracy off the coast of Somalia and examines the effectiveness of the international naval anti-piracy mission with respect to its declared aims. We show that while the navies perform well with respect to their short-term aims, they failed to contain the escalation of the piracy problem through 2009: pirates have been diverted from the Gulf of Aden into the Indian Ocean and the Arabian Sea. Evidence from domestic conditions in Somalia suggests that economic development and greater stability might in fact aid pirates

Monetary policy in the Franc zone: Country-level credit policy

This extract is taken from the author's original manuscript and has not been reviewed or edited. The definitive version of this extract may be found in the work Macroeconomic Policy in the Franc Zone edited by D Fielding which can be purchased from www.palgrave.co

Unlocking inhibitors to women’s expatriate careers: can job-related training provide a key?

Purpose The purpose of this study is to examine what job-related training interventions female expatriates seek and can access in order to build necessary knowledge and skills to progress into further career-enhancing expatriate positions. Design/methodology/approach This study uses a cross-sectional qualitative research approach, drawing upon semi-structured interviews in respect of organisational training practice with 26 current female expatriates and nine Human Resource, International Assignments and Training Managers in two oil and gas exploration firms. Findings Budgets, time and travel restrictions, and competitive business pressures constrain on-the-job training provision for expatriates. Assignees require specific knowledge and skills ahead of appointment to subsequent expatriate positions. HR personnel believe training provides appropriate knowledge and capability development supporting women expatriates’ career ambitions. Women assignees view training available within their current roles as insufficient or irrelevant to building human capital for future expatriate posts. Research limitations/implications Longitudinal research across a wider spectrum of industries is needed to help understand the effects of training interventions on women’s access to future career-enhancing expatriation and senior management/leadership positions. Practical implications Organisations should ensure relevant technical skills training, clear responsibility for training provision, transparent and fair training allocation, positive communication regarding human capital outcomes, and an inclusive culture that promotes expatriate gender diversity. Originality/value Set within the framework of human capital theory, this study identifies the challenges that female expatriates experience when seeking relevant job-related training to further their expatriate careers. It identifies clear mismatches between the views of HR and female assignees in relation to the value of job-related training offered and women’s access to it

Women Expatriates: A Research History

This chapter traces the history and provides a critical review of the extant literature on women’s participation in expatriation. It begins by reviewing the literature from the 1980s, examining Nancy J. Adler’s seminal work and how her three key ‘myths’ (relating to supply and demand, namely that women do not want international careers, organizational reluctance to send women abroad and presumed lack of host country acceptance of women expatriates) provide explanations for their minimal expatriate representation (just 3 per cent in the early 1980s) and set the scene for over three decades of female expatriate research. The following three sections examine the female expatriate literature on these themes in depth and in so doing provide analysis at the individual, organizational and societal levels. They preview evidence concerning the individual choices that women make and the effect of family constraints upon these; organizational decision-making, particularly in relation to expatriate selection; and the effects of societal cultures (at home and abroad) on women’s expatriate participation. These issues are framed theoretically, set within the global context, and within women’s participation in international management, more generally. While women’s expatriate representation has increased over the years, they still remain in the minority, comprising around one-fifth of the expatriate population today (Brookfield, 2012). This proportion has changed little over the last decade, suggesting that this may represent the limit of female international assignment participation. Men dominate expatriation in countries such as Japan. Although firms based in the Asia-Pacific are beginning to send more women on assignment (Anon, 2007), where considerable participation by Japanese and other Asian organizations is included in survey data, for example ORC Worldwide (2007), female expatriate participation is lower (Thang, MacLachlan and Goda, 2002). By comparison, Asia-Pacific headquarters-based organizations comprise only a small percentage of respondents in Brookfield’s (2012) survey which records higher female expatriation. The academic research into women’s expatriation reflects the predominance of Western women from North America, Europe and Australasia going on assignment (Shortland and HUTCHINGS 9781781955024 (M3343) (G).indd 18 15/01/2014 11:08 Women expatriates: A research history 19 Altman, 2011) and hence the experiences of female expatriates from these regions form the main focus of this chapter. However, moving beyond Adler’s themes, this chapter also examines institutional factors and their impact on women’s entry into, and support within, expatriate roles. The chapter concludes with a critical review of what we actually know about women expatriates (surprisingly little after 30 years) (Shortland and Altman, 2011). It includes the effects of organizational interventions, the changing nature of expatriate assignments and gendered issues that potentially hinder or alternatively facilitate women’s international mobility, ending with a call for theoretically framed further research

Combating "Maritime Terrorism" off the Coast of Somalia

This paper evaluates the effectiveness of the international naval mission in the Gulf of Aden from 2008-2010, both in terms of its counter-piracy and its counter-terrorism objectives. We draw on arguments developed in the literature on terrorism and law and economics, detailed statistical analysis and a large number of in depth interviews. Counter-piracy operations are a qualified success - their main effects are the stabilisation of attacks at a high level and the substitution between the relatively well protected transit corridor in the Gulf of Aden and the open sea. However, the counter-piracy measures appear to deter pirates from forming alliances with Islamist movements and may therefore make a major contribution to international security.

Combating "Maritime Terrorism" off the Coast of Somalia

This paper evaluates the effectiveness of the international naval mission in the Gulf of Aden from 2008-2010, both in terms of its counter-piracy and its counter-terrorism objectives. We draw on arguments developed in the literature of law and economics, detailed statistical analyses and a large number of in depth interviews. Counter-piracy operations are a qualified success: their main effects are the stabilisation of attacks at a high level and the substitution between the relatively well protected transit corridor in the Gulf of Aden and the open sea. However, the counter-piracy measures appear to deter pirates from forming alliances with Islamist movements and may therefore make a major contribution to international security.Piracy, Somalia, counter-terrorism, law and economics, deterrence, naval intervention