Major policy shifts are rare phenomena on a national level, and identifying the specific moments when these transitions take place is not always possible. In the case of the Netherlands, 1982...Show moreMajor policy shifts are rare phenomena on a national level, and identifying the specific moments when these transitions take place is not always possible. In the case of the Netherlands, 1982 proves to be an exception: the ‘Wassenaar Accord’ was a turning point in the governmental policymaking regarding the influence of labour unions and employers’ organisations, after years of economic malaise. The enduring lack of economic growth in combination with high inflation, known as stagflation during the 1970s, paved the way for the new cabinet to force employers’ organisations and trade unions into an agreement on wage cuts in exchange for shorter working years. New policies through a breakthrough agreement were needed because of what an Economist article from 1977 described as the ‘Dutch disease’: high unemployment and lack of economic growth despite natural resource exports. The timing of the negotiations in Wassenaar coincided with neoliberal economists taking over the IMF and the World Bank (Harvey 93). What does this remarkable transition tell us about the way states should handle economic events such as stagflation, or more specifically the Dutch disease? This research seeks to provide the background information on that matter and answer the following question: how should the Dutch policies which were meant to counter the Dutch disease be identified? The processes leading up to the Wassenaar Accord can be traced back to causal mechanisms which will clarify to what extend the Dutch policies where identifiable as policies befitting neocorporatism, if they shifted towards the international trend of neoliberalism and perhaps if the Netherlands found a third way between the two established explanations.Show less
The economic impacts of tourism have been discussed widely, but mostly through the Tourism-led growth hypothesis. That is why; this thesis will contrast two viewpoints that I apply to the tourism...Show moreThe economic impacts of tourism have been discussed widely, but mostly through the Tourism-led growth hypothesis. That is why; this thesis will contrast two viewpoints that I apply to the tourism industry, which are the tourism-led growth hypothesis and the resource curse approach. Tunisia will be a useful case study because it epitomizes the debate on tourism due to its colonial history and the fact that its mass tourism development was centred on the well-known ‘sun, sand, sea’ package. The positive economic impacts of tourism, but also the costs of tourism will be analysed by the means of answering the following research question: How has mass tourism influenced the economic development of Tunisia since the late 1980s?. The purpose of this thesis is to research and understand the development and the economic impacts of the tourism industry in Tunisia. The theoretical framework will give an overview of the literature regarding the various perspectives on tourism. The conclusions drawn from this research provide insights into the positive economic impacts of the development of the tourism sector in Tunisia. I will also demonstrate throughout my thesis that there are constraining factors to the economic development of the industry. This implies that Tunisia could upscale its economic benefits from this sector. The aims of the research are to give recommendations to Tunisian policy-makers, and to suggest further research on the cross-sectoral linkages between tourism and the agricultural sector.Show less
In August 2010, The European Union (EU) withdrew its preferential trade agreement GSP+ from the island nation of Sri Lanka that was recovering from a long drawn civil war. The grounds for the...Show moreIn August 2010, The European Union (EU) withdrew its preferential trade agreement GSP+ from the island nation of Sri Lanka that was recovering from a long drawn civil war. The grounds for the withdrawal was cited to be Sri Lankan Government's poor human rights record in the latter stages of the war which had garnered international outcry. The ad hoc withdrawal of the scheme which was yoked to the Sri Lankan economy was damaging to the Sri Lankan economy and in particular its Ready-Made-Garment (RMG) industry that is central to povery alleviation in rural sectors of the country. In addition to the Sri Lankan Government was defiant of the EU's verdict and is believed to have made very little change. It is for this reason scholars argue that while the Human Rights concerns of the conflict were pressing, the objective of the EU withdrawal was unclear granted it achieved very little of its desired effect. Other writers have described it as 'democracy building' and 'economic terrorism' on the part of the EU. The objective of this research is to assess the effectiveness of the EU's withdrawal of GSP+ from the Sri Lankan economy and draw a conclusion on which side of the scholarly debate is more plausible.Show less
The thesis addresses the growing role of strategic Chinese investments among European economies. More specifically, it focuses on the case of Germany, a country which has been one of the highest...Show moreThe thesis addresses the growing role of strategic Chinese investments among European economies. More specifically, it focuses on the case of Germany, a country which has been one of the highest beneficiaries of Chinese capital over the last decade. Investments from Chinese enterprises span across pivotal German industries (such as automotive, heavy engineering, and financial services). As a result, the research aims to investigate why the German economy and its industrial sector is a strategically important investment channel for Chinese companies on the basis of four identified hypotheses. The parameters for gauging the aforesaid framework would include technological know-how, credit risk, macroeconomic synergies, and ease of conducting business over a selected sample of European case studies in juxtaposition with Germany’s. The objective is to measure Germany’s economic competency in relation to its European counterparts, which can partially explain the behaviour of Chinese firms in regards to their expansive financial footprint in Berlin vis-a-vis other European economiesShow less
