International Relations

Article Business

Re-examining Bitcoin Volatility: A CAViaR-based Approach

Zhenghui Li, Hao Dong, Christos Floros, Athanasios Charemis, Pierre Failler

Summary: The article explores the heterogeneous feature in determining Bitcoin volatility using a Markov regime-switching model and tests its forecasting ability based on the CAViaR approach. Results indicate significant relationship between Bitcoin volatility and crypto-asset returns, with speculation, investor attention, market interoperability, and their interactions being the main determinants of volatility. Additionally, evidence suggests that investor attention is the main source of volatility, while speculation and interaction show a U-shaped relationship and investor attention and market interoperability exhibit a linear trend on Bitcoin volatility.

EMERGING MARKETS FINANCE AND TRADE (2022)

Article Business

Can Central Bank Mitigate the Effects of the COVID-19 Pandemic on the Macroeconomy?

Han Long, Chun-Ping Chang, Sujeetha Jegajeevan, Kai Tang

Summary: The COVID-19 pandemic has led to an increase in inflation and unemployment, with central bank activeness helping to mitigate inflation but not unemployment. Other government measures have limited impact on alleviating the negative effects of the pandemic.

EMERGING MARKETS FINANCE AND TRADE (2022)

Article Business

Corporate Social Responsibility and High-quality Development: Do Green Innovation, Environmental Investment and Corporate Governance Matter?

Yan Xue, Caidong Jiang, Yunxia Guo, Jianmin Liu, Haitao Wu, Yu Hao

Summary: This paper evaluates the impact and mechanism of corporate social responsibility (CSR) on the high-quality development of Chinese listed companies. The results show that CSR significantly promotes the improvement of corporate development quality and this effect is achieved through mechanisms such as green innovation, environmental investment, and corporate governance. Furthermore, the incentive effect of CSR on high-quality development is more pronounced in non-state-owned companies and during bull markets.

EMERGING MARKETS FINANCE AND TRADE (2022)

Article International Relations

Research Note: Spreading Hate on TikTok

Gabriel Weimann, Natalie Masri

Summary: TikTok, the fastest-growing application with 1.5 billion active users, has become a platform for disturbing far-right extremism. This study highlights the presence of extremist content in TikTok videos, comments, symbols, and pictures. The unique characteristics of TikTok, such as its predominantly young user base and lack of effective content moderation, contribute to the dissemination of harmful content. Comprehensive measures should be taken to address this issue.

STUDIES IN CONFLICT & TERRORISM (2023)

Article Business

Local Bank, Digital Financial Inclusion and SME Financing Constraints: Empirical Evidence from China

Zhiqiang Lu, Junjie Wu, Hongyu Li, Duc Khuong Nguyen

Summary: The study finds that local banks and digital financial inclusion can help alleviate SMEs' financing constraints, especially for small, transparent firms located in regions less dependent on bank credit. Digital finance technologies will have far-reaching implications on traditional SME-bank relationships, with important policy and managerial implications.

EMERGING MARKETS FINANCE AND TRADE (2022)

Review Business, Finance

Pandemic trade: COVID-19, remote work and global value chains

Alvaro Espitia, Aaditya Mattoo, Nadia Rocha, Michele Ruta, Deborah Winkler

Summary: This study examines the trade effects of COVID-19, finding that the negative impact varies across sectors, with industries more suited to remote work experiencing less contraction. Participation in global value chains increases vulnerability to shocks from trading partners but reduces vulnerability to domestic shocks.

WORLD ECONOMY (2022)

Article Economics

COVID-19 and the failure of the neoliberal regulatory state

Lee Jones, Shahar Hameiri

Summary: The COVID-19 pandemic has exposed massive failures of global and national governance due to the shift from 'government to governance', resulting in weakened state capacities, diffuse responsibilities, and reliance on ad hoc crisis measures.

REVIEW OF INTERNATIONAL POLITICAL ECONOMY (2022)

Article Business

Does a Government Response to COVID-19 Hurt the Stock Price of an Energy Enterprise?

Haiqing Hu, Di Chen, Qiang Fu

Summary: This research examines the impact of government responses to COVID-19 on the stock prices of 30 international energy enterprises from January 1, 2020 to December 31, 2020. The study found that government stringency, containment and health measures, as well as economic support, all have a statistically significant negative impact on the stock prices of these enterprises, with containment and health measures showing the greatest negative effect.

EMERGING MARKETS FINANCE AND TRADE (2022)

Article International Relations

Conspiracy Beliefs and Violent Extremist Intentions: The Contingent Effects of Self-efficacy, Self-control and Law-related Morality

Bettina Rottweiler, Paul Gill

Summary: This study examines the impact of conspiracy beliefs on violent extremist intentions and finds that individual characteristics such as self-efficacy, self-control, and law-relevant morality can influence this relationship. Stronger conspiracy mentality is associated with higher violent extremist intentions, particularly for individuals with lower self-control, weaker law-relevant morality, and higher self-efficacy. Conversely, individuals with stronger conspiracy beliefs but high self-control and strong law-relevant morality have lower violent extremist intentions. These findings have important implications for the assessment and management of violent extremism risks, calling for further exploration of conditional effects of specific risk and protective factors.

TERRORISM AND POLITICAL VIOLENCE (2022)

Article International Relations

Cyber campaigns and strategic outcomes

Richard J. Harknett, Max Smeets

Summary: Cyber behavior consists of linked operations with strategic intent, rather than just tactical maneuvers. Strategy in cyberspace should not be limited to coercion, militarized crisis, and war.

JOURNAL OF STRATEGIC STUDIES (2022)

Article Economics

Broad strokes towards a grand theory in the analysis of sustainable development: a return to the classical political economy

Manolis Manioudis, Giorgos Meramveliotakis

Summary: This article provides an overview and calls for a return to the legacy of classical political economy in order to enrich the analysis and methodology of sustainable development studies.

NEW POLITICAL ECONOMY (2022)

Article Environmental Studies

Assessment of scientific gaps related to the effective environmental management of deep-seabed mining

Diva J. Amon, Sabine Gollner, Telmo Morato, Craig R. Smith, Chong Chen, Sabine Christiansen, Bronwen Currie, Jeffrey C. Drazen, Tomohiko Fukushima, Matthew Gianni, Kristina M. Gjerde, Andrew J. Gooday, Georgina Guillen Grillo, Matthias Haeckel, Thembile Joyini, Se-Jong Ju, Lisa A. Levin, Anna Metaxas, Kamila Mianowicz, Tina N. Molodtsova, Ingo Narberhaus, Beth N. Orcutt, Alison Swaddling, Joshua Tuhumwire, Patricio Uruena Palacio, Michelle Walker, Phil Weaver, Xue-Wei Xu, Clement Yow Mulalap, Peter E. T. Edwards, Chris Pickens

Summary: A comprehensive understanding of the deep-sea environment and mining impacts is necessary to assess compliance with international regulations. However, there is a lack of available scientific knowledge to support decision-making. Further information on deep-sea environmental baselines and mining impacts is critical for this emerging industry. Closing the scientific gaps related to deep-seabed mining is a monumental task that requires clear direction, substantial resources, and robust coordination and collaboration.

MARINE POLICY (2022)

Article Business, Finance

The hedge asset for BRICS stock markets: Bitcoin, gold or VIX

Syed Jawad Hussain Shahzad, Elie Bouri, Mobeen Ur Rehman, David Roubaud

Summary: Bitcoin and gold serve as weak hedges against downside movements in BRICS stock market indices, with their hedging roles being influenced by the COVID-19 outbreak. Gold demonstrates higher and more stable diversification benefits in China, while VIX futures offer higher diversification benefits in Brazil, Russia, India, and South Africa during the COVID-19 outbreak.

WORLD ECONOMY (2022)

Article International Relations

The Role of the Internet in Facilitating Violent Extremism: Insights from Former Right-Wing Extremists

Tiana Gaudette, Ryan Scrivens, Vivek Venkatesh

Summary: This study examines the interplay between the Internet and violent extremism, as well as the interactions between the on- and offline worlds of violent extremists, through in-depth interviews with ten Canadian former right-wing extremists.

TERRORISM AND POLITICAL VIOLENCE (2022)

Article International Relations

The Attitudes-Behaviors Corrective (ABC) Model of Violent Extremism

James Khalil, John Horgan, Martine Zeuthen

Summary: This article introduces the Attitudes-Behaviors Corrective (ABC) model as a solution to the conceptualization issues in understanding and responding to terrorism and violent extremism. The model focuses on the connection between attitudes and behaviors and provides a classification system for the drivers of violent extremism, offering practical tools for research and countermeasures.

TERRORISM AND POLITICAL VIOLENCE (2022)

Article Business

Political Connections, Industry Entry Choice and Performance Volatility: Evidence from China

Bao Wu, Haiyan Liang, Shifen Chan

Summary: The study shows that politically connected firms are more likely to enter emerging industries of strategic importance or subject to entrance regulations, leading to performance volatility. Moreover, the development of the institutional environment can reduce the effectiveness of political connections.

EMERGING MARKETS FINANCE AND TRADE (2022)

Article Economics

Transition, hedge, or resist? Understanding political and economic behavior toward decarbonization in the oil and gas industry

Jessica Green, Jennifer Hadden, Thomas Hale, Paasha Mahdavi

Summary: The study found that the political and economic behavior of oil and gas companies are not necessarily correlated, and not a single firm is shifting away from fossil fuels during the studied time frame. Most companies' changes in business behavior have been relatively modest, with the most ambitious firms leaning towards risk mitigation through diversification. Companies making more progress towards decarbonization tend to be located in areas with stricter environmental regulations.

REVIEW OF INTERNATIONAL POLITICAL ECONOMY (2022)

Article Economics

Is artificial intelligence greening global supply chains? Exposing the political economy of environmental costs

Peter Dauvergne

Summary: Artificial intelligence (AI) has the potential to greatly enhance the productivity and efficiency of global supply chains, but it is not advancing sustainability as much as industry leaders claim. The metrics and rhetoric of corporate social responsibility are exaggerating the benefits of AI while overlooking its costs. AI's productivity and efficiency gains are leading to more production and consumption, benefiting big businesses more than the earth's sustainability. Additionally, AI is accelerating natural resource extraction and waste generation, causing harm to marginalized communities, fragile ecosystems, and future generations.

REVIEW OF INTERNATIONAL POLITICAL ECONOMY (2022)

Article International Relations

Organized violence 1989-2021 and drone warfare

Shawn Davies, Therese Pettersson, Magnus Oberg

Summary: This article discusses the increase in fatalities from organized violence worldwide in 2021, with a focus on escalating conflicts in Afghanistan, Ethiopia, and Yemen. Despite a decrease in the number of state-based conflicts and actors carrying out violence against civilians, the number of deaths in organized violence increased. The use of unmanned aerial vehicles (drones) in modern conflicts is also highlighted.

JOURNAL OF PEACE RESEARCH (2022)

Article International Relations

Support for a COVID-19 vaccine mandate in the face of safety concerns and political affiliations: An Australian study

David T. Smith, Katie Attwell, Uwana Evers

Summary: Australian willingness to take the COVID-19 vaccine is relatively low, with concerns mainly revolving around safety issues due to rapid development. Support for government mandates has also decreased, although there is still a significant proportion of respondents who express support.

POLITICS (2022)