This article aims to highlight the dark side of the restrictive immigration policies, undertaken both at European and national level, paying special attention to the negative…
Abstract
Purpose
This article aims to highlight the dark side of the restrictive immigration policies, undertaken both at European and national level, paying special attention to the negative effects that these policies can cause.
Design/methodology/approach
In particular, the article focuses on two of the main aims stated by these migration policies: the organization of legal immigration and the control of the illegal immigration.
Findings
The paper demonstrates how the repressive instruments, today put into practice, not only have not been a solution, but they have produced destructive effects, such as: the increasing of illegal immigration and the consequential increasing of the exploitation of immigrants – making the borders between smuggling and trafficking more and more transitory – the strengthening of the more and more professionalized criminal organization and finally the enlargement of the black market's borders, of which the European single market feeds itself.
Originality/value
The paper offers insights into the dark side of European immigration policy.
Details
Keywords
The purpose of this paper is to investigate on the new forms of the “illegal street workers” involving immigrants in southern Italy. This new concept may include, at least, two…
Abstract
Purpose
The purpose of this paper is to investigate on the new forms of the “illegal street workers” involving immigrants in southern Italy. This new concept may include, at least, two kinds of illegal employment of immigrants which is, probably, managed by local criminal organizations; in particular, it may refer to the so-called “posteggiatore abusivo” and “lavavetri”.
Design/methodology/approach
This is a new area of research. The methodology used has been based on a collection of interviews with these migrants. Probably, this methodology should be refined, but in this first phase of research, it was helpful in order to understand the existence of a criminal network that controls and manages these illegal street workers. For this reason, this paper could be, simply, considered as a starting point for a new investigation in the near future.
Findings
The first part of the paper will examine the main features of these three types of work; in particular, in order to do it, we will try to find out who are these workers, how they found this illegal work and, above all, what kind of working relationship exists between them and the criminal organizations. The second part will analyze what are the legal measures regulating this particular category of illegal work and which could be the innovative solutions in order to fight against them.
Originality/value
This paper offers insights into the new forms of crime involving immigrants managed by local criminal organizations and still inadequately studied.
Details
Keywords
The purpose of this paper is to highlight the situation on the unaccompanied foreign minors in the Italian legal system, paying special attention to the Lampedusa humanitarian…
Abstract
Purpose
The purpose of this paper is to highlight the situation on the unaccompanied foreign minors in the Italian legal system, paying special attention to the Lampedusa humanitarian emergency in 2011.
Design/methodology/approach
The legal treatment of these subjects is on the borderline between two distinct sets of laws: those for minors, based on principles of protection and support; and those for immigrants based on public security and therefore inspired by principles of control and defense. For this reason the question of the legal treatment of unaccompanied foreign minors is a decidedly complex matter because it requires the assumption of a clear responsibility on the part of the host State that, in accordance with international conventions, must provide for the welfare of a child by ensuring a healthy development and securing their fundamental rights.
Findings
The paper examines the legal measures regulating the status of unaccompanied foreign minors in the Italian legal system, in order to understand if they are efficient in giving protection and offering integration to these minors.
Originality/value
The paper offers insights into the most vulnerable category of illegal immigrants.
Details
Keywords
Moumita Paul and Siva Reddy Kalluru
This chapter examines the long-run and short-run spillover effects of US quantitative easing (QE) on the money market in India. The study adopts the autoregressive distributed lag…
Abstract
This chapter examines the long-run and short-run spillover effects of US quantitative easing (QE) on the money market in India. The study adopts the autoregressive distributed lag bounds testing co-integration approach for monthly data from September 2008 to May 2019 to investigate the spillover impact. The results reveal that a 10% rise in US QE led to a 25 bps softening of the weighted average call rate and a 2–5 bps hardening of the Treasury Bill. This impact was beyond the active participation by the Reserve Bank of India on the policy rate and liquidity in the system during the QE episodes. It suggests that the Indian money market is susceptible to US QE.
Details
Keywords
Satyananda Sahoo, Shiv Shankar and Jessica M. Anthony
This chapter assesses the volatility spillover from US monetary policy consequent upon the onset of three episodes primarily engineered by the US Fed, namely quantitative easing…
Abstract
This chapter assesses the volatility spillover from US monetary policy consequent upon the onset of three episodes primarily engineered by the US Fed, namely quantitative easing 1, taper tantrum and balance sheet normalization (BSN) to select emerging market economies (Brazil, India, Russia, South Africa and Turkey) considering around six months pre- and post-occurrence of these events. AR(k)-GARCH (p,q) framework has been used to assess the spillover effect influencing the return of the financial assets and trekking to their volatility segregated as news and persistence effect across markets and economies under study. The authors find that at the overall level, news impact significantly enhanced volatility of bond and currency markets, however, less impact was observed owing to the onset of BSN announcement as markets had factored the news through the well-articulated forward guidance of the Fed.
Details
Keywords
Supratika Samir Banerjee and Arti Chandani
The novel blockchain technology can be leveraged, owing to the growth in computing power and its widespread applications. This study aims to understand the challenges of adopting…
Abstract
Purpose
The novel blockchain technology can be leveraged, owing to the growth in computing power and its widespread applications. This study aims to understand the challenges of adopting blockchain technology in the financial sector, organise them into a model and classify them for systematic address.
Design/methodology/approach
Interpretive Structural Modeling (ISM) has been carried out along with MICMAC (Matrice d’impacts croisés multiplication appliquée á un classment) analysis to hierarchically structure blockchain adoption problems and categorise the challenges into four classes-autonomous, dependent, linkage and independent for better addressing. The study also uses content analysis using NVivo software.
Findings
The digraph depicts the hierarchical challenge model. Vulnerability to financial crimes and glitches, privacy issues and geopolitical tensions due to cross-border transactions are the dependent variables. Complex architecture to comprehend, code and fix, the need for new financial intermediaries, complexity in auditing and the lack of unified governance and coordination among institutions and regulators are the independent variables. The digraph, which is also justified by the qualitative content analysis, is beneficial for stakeholders to systematically address the interdependent challenges associated with blockchain implementations in finance to foster its favourable adoption.
Practical implications
The challenges in the adoption of blockchain should be resolved to allow the implementation of this technology in various finance domains. This study enables organisations to carry out resource planning and systematically address these challenges to leverage the advantages of blockchain.
Social implications
The results of the present study can help in promoting the proliferation of blockchain for faster, cost-effective, transparent and secure financial transactions and foster innovative and new business models for economic growth.
Originality/value
The development of technology has brought about significant changes in the financial sector. Blockchain is a technological advancement that aims to bring security and transparency to transactions. There has been no research leveraging ISM-MICMAC to hierarchically organise and classify the blockchain challenges in the financial sector, a critical one. The research also uses content analysis which is seldom found along with ISM-MICMAC.
Details
Keywords
Jiang Jiang, Eldon Y. Li and Li Tang
Trust plays a crucial role in overcoming uncertainty and reducing risks. Uncovering the trust mechanism in the sharing economy may enable sharing platforms to design more…
Abstract
Purpose
Trust plays a crucial role in overcoming uncertainty and reducing risks. Uncovering the trust mechanism in the sharing economy may enable sharing platforms to design more effective marketing strategies. However, existing studies have inconsistent conclusions on the trust mechanism in the sharing economy. Therefore, this study aims to investigate the antecedents and consequences of different dimensions of trust (trust in platform and trust in peers) in the sharing economy.
Design/methodology/approach
First, we conducted a meta-analysis of 57 related articles. We tested 13 antecedents of trust in platform (e.g. economic benefits, enjoyment, and information quality) and eight antecedents of trust in peers (e.g. offline service quality and providers’ reputation), as well as their consequences. Then, we conducted subgroup analyses to test the moderating effects of economic development level (Developed vs Developing), gender (Female-dominant vs Male-dominant), platform type (Accommodation vs Transportation), role type (Obtainers vs Providers), and uncertainty avoidance (Strong vs Weak).
Findings
The results confirm that all antecedents and consequences significantly affect trust in platform or peers to varying degrees. Moreover, trust in platform greatly enhances trust in peers. Besides, the results of the moderating effect analyses demonstrate the variability of antecedents and consequences of trust under different subgroups.
Originality/value
This paper provides a clear and holistic view of the trust mechanism in the sharing economy from an object-based trust perspective. The findings may offer insights into trust-building in the sharing economy.
Details
Keywords
Pablo Gutiérrez-Rodríguez, Pedro Cuesta-Valiño, Rafael Ravina-Ripoll and Blanca García-Henche
The objective of this paper is to define a structural equation model (SEM) that examines how fashion consumers' expectations of consumer brand engagement (CBE) influence purchase…
Abstract
Purpose
The objective of this paper is to define a structural equation model (SEM) that examines how fashion consumers' expectations of consumer brand engagement (CBE) influence purchase intention, both directly and through consumer happiness as a mediator. For this purpose, the authors will develop the components of CBE and consumer happiness variables, whose relevance in the literature has increased considerably.
Design/methodology/approach
For this purpose, a cross-sectional descriptive study was carried out by means of a survey developed on the basis of the scales found in the literature, with a sample of 1,296 consumers representative of the Spanish population. The method used to test the hypotheses was partial least squares SEM.
Findings
The results of this research indicate that both CBE and consumer happiness positively influence the purchase intention of fashion brands. In turn, the importance of the dimensions of the antecedent variables can be established.
Research limitations/implications
The current research does not allow a longitudinal analysis of the consumption of fashion retailers. The findings of this scientific study provide a wealth of theoretical and practical information for managers to develop management models based on the sensory enjoyment of their consumers.
Originality/value
One of the novelties of this study is that it considers the consumer happiness variable and its dimensions in a consumer behavior model together with CBE.