Introduction: From ‘Intermediate Regime’ to Crony Capitalism

Author(s):  
R. Nagaraj ◽  
Sripad Motiram
2003 ◽  
Vol 2 (1) ◽  
pp. 249-269 ◽  
Author(s):  
William Case

AbstractAnalysts make much of the diversity of Southeast Asia's political regimes. However, the region also displays a mounting preponderance of pseudoand fuller democracies, as well as a common mode of transition where fuller democratization has taken place. This analysis argues that these "intermediate" regime categories can be partly ascribed to common, though countervailing factors of colonial legacies, structural forces, some faint cultural residues, and new globalized influences. Next, it explores the conditions in which changes may take place from pseudo-democracy to more fully democratic outcomes. Analysis turns finally to the ways in which despite this weakening of leadership, elites regain enough vitality that while transitions may go forward, they have been able to collaborate in limiting the quality of the new democracies that have emerged.


2001 ◽  
Vol 91 (1) ◽  
pp. 54-78 ◽  
Author(s):  
Mara Faccio ◽  
Larry H. P Lang ◽  
Leslie Young

Whereas most U.S. corporations are widely held, the predominant form of ownership in East Asia is control by a family, which often supplies a top manager. These features of “crony capitalism” are actually more pronounced in Western Europe. In both regions, the salient agency problem is expropriation of outside shareholders by controlling shareholders. Dividends provide evidence on this. Group-affiliated corporations in Europe pay higher dividends than in Asia, dampening insider expropriation. Dividend rates are higher in Europe, but lower in Asia, when there are multiple large shareholders, suggesting that they dampen expropriation in Europe, but exacerbate it in Asia. (JEL G34, G35)


2019 ◽  
Author(s):  
Susanne Pettersson ◽  
Van M. Savage ◽  
Martin Nilsson Jacobi

Dynamical shifts between the extremes of stability and collapse are hallmarks of ecological systems. These shifts are limited by and change with biodiversity, complexity, and the topology and hierarchy of interactions. Most ecological research has focused on identifying conditions for a system to shift from stability to any degree of instability—species abundances do not return to exact same values after perturbation. Real ecosystems likely have a continuum of shifting between stability and collapse that depends on the specifics of how the interactions are structured, as well as the type and degree of disturbance due to environmental change. Here we map boundaries for the extremes of strict stability and collapse. In between these boundaries, we find an intermediate regime that consists of single-species extinctions, which we call the Extinction Continuum. We also develop a metric that locates the position of the system within the Extinction Continuum—thus quantifying proximity to stability or collapse—in terms of ecologically measurable quantities such as growth rates and interaction strengths. Furthermore, we provide analytical and numerical techniques for estimating our new metric. We show that our metric does an excellent job of capturing the system behaviour in comparison with other existing methods—such as May’s stability criteria or critical slowdown. Our metric should thus enable deeper insights about how to classify real systems in terms of their overall dynamics and their limits of stability and collapse.


2021 ◽  
Vol 48 (1) ◽  
pp. 23-58
Author(s):  
Terry R. Carter ◽  
Lee D. Fortner ◽  
Hazen A.J. Russell ◽  
Mitchell E. Skuce ◽  
Fred J. Longstaffe ◽  
...  

Groundwater systems in the intermediate to deep subsurface of southern Ontario are poorly understood, despite their value for a number of societal uses. A regional hydrostratigraphic framework is a necessary precursor for improving our understanding of groundwater systems and enabling development of a 3-D hydrostratigraphic model to visualize these groundwater systems. This study is a compilation and integration of published and unpublished geological, hydrogeological, hydrochemical and isotopic data collected over the past 10 years to develop that framework.Bedrock is covered by a thin veneer of surficial sediments that comprise an aquifer/aquitard system of considerable local variability and complexity. Aquifers in the bedrock are thin and regionally extensive, separated by thick aquitards, within a well-defined lithostratigraphic framework and a well-developed hydrochemical depth zonation comprising a shallow fresh water regime, an intermediate brackish to saline sulphur water regime, and a deep brine regime of ancient, evaporated seawater. Occurrence and movement of groundwater in shallow bedrock is principally controlled by modern (Quaternary) karstic dissolution of subcropping carbonate and evaporite rocks, and in the intermediate to deep subsurface by paleokarst horizons developed during the Paleozoic. Flow directions in the surficial sediments of the shallow groundwater regime are down-gradient from topographic highs and down the regional dip of bedrock formations in the intermediate regime. Shallow karst is the entry point for groundwater penetration into the intermediate regime, with paleo-recharge by glacial meltwater and limited recent recharge by meteoric water at subcrop edges, and down-dip hydraulic gradients in confined aquifers. Hydraulic gradient is up-dip in the deep brine regime, at least for the Guelph Aquifer and the Cambrian Aquifer, with no isotopic or hydrochemical evidence of infiltration of meteoric water and no discharge to the surface.Fourteen bedrock hydrostratigraphic units are proposed, and one unit comprising all the surficial sediments. Assignment of lithostratigraphic units as hydrostratigraphic units is based principally on hydrogeological characteristics of Paleozoic bedrock formations in the intermediate to deep groundwater regimes, below the influence of modern meteoric water. Carbonate and evaporite rocks which form aquitards in the subsurface may form aquifers at or near the surface, due to karstic dissolution by acidic meteoric water, necessitating compromises in assignment of hydrostratigraphic units.


2012 ◽  
Vol 220 ◽  
pp. 7-14 ◽  
Author(s):  
V. Vidyapati ◽  
M. Kheiripour Langroudi ◽  
J. Sun ◽  
S. Sundaresan ◽  
G.I. Tardos ◽  
...  

Author(s):  
Jefferson G. Filgueiras ◽  
Marcio F. Cobo ◽  
Gregório C. Faria ◽  
Tiago B. Moraes ◽  
Eduardo R. de Azevedo

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