This article seeks to discuss three key issues raised by the recent financial crisis: the rise of “activist states”; a new focus on the geopolitical effects of finance; and…
Abstract
Purpose
This article seeks to discuss three key issues raised by the recent financial crisis: the rise of “activist states”; a new focus on the geopolitical effects of finance; and possible future social implications of the rapid response to crisis.
Design/methodology/approach
The paper provides an analytical overview of three of the implications of the current crisis, and introduces the idea of the “activist state” in financial markets.
Findings
The article focuses on three issues raised in connection with the recent crisis: the rapid rise of “activist states” as a result of impaired liquidity; the bringing to light of long‐neglected geopolitical spaces of finance; and the opportunities for improved social aims communication and lobbying which result from future analyses of responses to the crisis.
Originality/value
The article's focus is on the interface between finance and politics. The article introduces the idea of a financial “activist state” as a public entity which behaves like an activist shareholder in the market. The article also suggests that the political and banking reaction to the current crisis can be seen in terms of opportunities to improve communication of social, political and policy aims in the future.
Details
Keywords
Mohamad Shaharudin Samsurijan, Andrew Ebekozien, Noor Alyani Nor Azazi, Maslina Mohammed Shaed and Radin Firdaus Radin Badaruddin
Studies showed that a proactive delivery system employing innovative artificial intelligence (AI) in urban services might perform better. This has become an important national…
Abstract
Purpose
Studies showed that a proactive delivery system employing innovative artificial intelligence (AI) in urban services might perform better. This has become an important national policy for many countries. Thus, this study aims to explore the influence of AI in urban services in Malaysia.
Design/methodology/approach
Official documents such as Structure Plan and Government Transformation Programme Policy Document covering various levels of cities in Malaysia, articles related to urban studies mostly written by researchers regarding urban growth in Malaysia and the Urban Development Bulletin from the Federal Department of Town and Country Planning from 1957 to date were reviewed and analysed.
Findings
The findings show that the influence of AI in urban services has long existed and been carefully planned by local authorities since colonial times. The development of global digital technology influences the upgrading of AI in urban services in Malaysia. Also, the success of AI in these municipal services is influenced by the rate of information technology literacy among the urban population. These developments have led to the definition of a conceptual city.
Research limitations/implications
This paper's findings and conclusion were based on reviewed literature but did not compromise the strength of this paper. Thus, as part of the implications for future research, mixed-methods research design has been suggested.
Practical implications
As part of the implications, this article intends to promote AI in urban services in Malaysia and other developing countries with similar urban services challenges.
Originality/value
This paper encourages AI applications in urban services because it enhances service delivery performance. This intends to key stakeholders to promote AI via policies across Malaysia's urban services as part of the study implications.
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Xiaoli Yan and Tao Li
This paper aims to analyze Hangzhou Urban Brain in responding to COVID-19, including systematically sorting out the development mode, capabilities, composition and application of…
Abstract
Purpose
This paper aims to analyze Hangzhou Urban Brain in responding to COVID-19, including systematically sorting out the development mode, capabilities, composition and application of Urban Brain and exploring its role and effect. This paper tries to provide a reference for other cities' digital infrastructure construction through case analysis.
Design/methodology/approach
The authors took Hangzhou Urban Brain as a typical case in urban digital infrastructure construction, and they conducted thorough research on its practice in facing COVID-19. The authors analyzed the key elements of Urban Brain, the application and the evaluation of Urban Brain through literature review, field investigation, questionnaire and interviews.
Findings
Hangzhou Urban Brain has been deeply applied in urban management and has a good foundation. Therefore, when the COVID-19 occurred, the Urban Brain played an important role. The detailed practices facing COVID-19 are mainly in five aspects: information collection and analysis, ensuring material supply by government–enterprise collaboration, using AI and Big Data to “Visualize” COVID-19, etc. Moreover, Urban Brain has won high evaluation. However, Hangzhou Urban Brain still has problems like data privacy and security, technical issues, etc.
Originality/value
This case study shows that Hangzhou's experience in Urban Brain construction is worthy of reference and promotion. Firstly, it can strengthen the understanding of digital infrastructure in responding to public health emergencies. Furthermore, it provides a reference for other urban governance worldwide by excavating the role and effect of digital infrastructure in preventing and controlling COVID-19. Thirdly, it explores how to improve the digital infrastructure construction to support public health challenges, which will help the cities grasp the actual value of data and make progress in this field. By this, it can provide references for cities in the world, especially in Asia to achieve sustainable city development.