The purpose of this thesis is to analyse the effects of post-independence modernisation policies within the cattle sector in Botswana and to suggest alternative ways of dealing with the challenge of development. The study pursues four research objectives which are: 1. to examine the environmental effects of cattle production by discussing the impacts of policies on disease control as well as changes in rangeland condition; 2. to discuss the social impacts of the modernisation approach to development by examining data on the distribution of cattle, the financial returns that accrue to owners, and the level of subsidies which the sector receives from the government; 3. to determine the degree of vulnerability of the Botswana cattle sector to decisions made outside the country by investigating the influence of the EEC and certain environmental groups on the beef industry. 4. to suggest a set of principles aimed at making development more ecologically sensitive, more beneficial to most people, and more self-reliant in terms of economic and political decisions. Modernisation theory according to Hirschman and Rostow contends that inter-dependence with capitalist economies is a prerequisite for development (primarily defined as economic growth and not addressing environmental issues); that the accumulation of wealth will lead to the reduction of poverty; and that all countries can benefit from the development process. By contrast, Dependency theory according to authors including Prebisch, Frank, Amin, and Sunkel has argued that inter-dependence with capitalist economies retards development; that the national accumulation of wealth does not lead to improved living conditions for much of the population; and that there is little prospect for economic growth in the peripheral countries. The analysis of policies and measures adopted by the Botswana government involving land reform, disease control, pricing and marketing policies and the use of subsidies reveals that economic growth and access to markets have been attained at the expense of both environmental quality and equity. Future policy for the livestock sector cannot ignore criticism of these impacts without jeopardising the beef trade which has largely been determined by the EEC. This European Community influence raises questions about the extent to which Botswana is in control of her development policy. Drawing largely from the work of Gardner, the thesis addresses the above concerns by suggesting a set of policy guidelines which identify both the ends and means of decision-making. This framework recognises that the goals of development must include ecological sustainability and economic and political self-reliance in addition to material benefits. Although it recognises the magnitude of the development problems, the thesis concludes by suggesting specific issues which should be investigated to improve living conditions in the country. / Applied Science, Faculty of / Community and Regional Planning (SCARP), School of / Graduate

Foreign direct investment (FDI) was unknown to Chinese people before the opening policy in 1979, but since then China's economy has been surging ahead in the past twenty eight years. As one aspect of the FDI policy, I focused on the corporate taxation field to be my research interest, and the topic of my thesis. In the thesis, the reader will learn how FDI developed in China and degree of FDI development. Also, I provide the reader with China's tax system and policy-oriented in as much detail as possible, most of which is the tax incentive policy towards the FDI in China. However, the policies and incentives raise some issues. As the result of offering FDI tax preference, Chinese government tax revenue as a percentage of GDP has been declining steadily. Problems such as tax avoidance and evasion, and local "fake" FDI entities are getting serious. The new Corporate Income Tax Law of the People's Republic of China (CIT Law) was passed by the PRC National People's Congress on March 16 2007 and will take effect on January 2008. When China entered into the World Trade Organization (WTO) in 2001, compliance with the general rules required China improve its tax system as soon as possible. The CIT law section in the thesis includes the policy-changing behind the legislation and expected influence on the FDI in China in the future. As a result of the changes to be brought about by the CIT Law, foreign and domestic business in China must adapt to the new tax regime, and I offer some recommendations in that regard. / Law, Peter A. Allard School of / Graduate

There is widespread agreement among housing policy analysts that there are serious problems with Canada's urban rental housing sector. The specific problems include declining and persistently low vacancy rates, declining private sector starts, and the unaffordability of private stock for a considerable portion of low- and moderate-income renters. Given the importance of rental accommodation, particularly for those lower-income households unable to enter or remain in the ownership sector, this situation has prompted a discussion as to whether the past and current approach to rental housing policy is appropriate to the solution of rental housing problems, or whether new or different strategies for addressing rental problems are warranted. Within the context of both this discussion and of an ongoing debate as to the appropriate role of the state in housing markets, this thesis investigates what measures the Canadian government has taken over the past eighty-five years to address rental housing problems. Dividing this period into four eras - 1900-1940, 1940-1949, 1949-1964, and 1964-1985 - the thesis examines the existence and extent of rental housing problems; documents how rental problems have been defined and analyzed by housing experts and what their policy recommendations have been; and reviews the response of the federal government to rental problems. The primary assumption underlying the research is that government intervention in the rental market has been minimal, ad hoc, and largely market-supportive, and that this approach to rental problems has had an enormous impact on problem resolution. Government response to rental problems is reviewed and the research assumption is tested by examining major government and private housing studies, contemporary academic articles and media reports, statistical analyses, the debates in the House of Commons, and housing-related legislation in its original and amended forms. The evidence suggests that government intervention in the rental sector has indeed been minimal, piecemeal and reactive, largely market-supportive, and carried out within the framework of housing as a market commodity. It suggests further that intervention in the rental sector has been shaped largely by two interrelated factors: the federal government's terms of reference for intervention in the housing market, and its failure to adequately define the rental housing problem. The federal government's terms of reference for intervention in the housing market define housing provision as a private sector responsibility, home ownership as the desirable tenure option, housing problems as temporary conditions, and housing policy as a provincial responsibility. These terms of reference have severely constrained rental policy and program options and have prevented the implementation of potentially more effective rental programs. Moreover, they have resulted in either the neglect of Canada's rental problems or the adoption of a variety of short-term, ad hoc programs in response to crisis situations. The federal government's failure to see the relationship between the quality, supply and affordability elements of the rental problem and thus to adequately define the problem is the second factor which has shaped intervention in the rental sector. Intervention has tended to focus on the three problem elements separately and in a clearly sequential manner, with the result that opportunities for developing a long-term, comprehensive rental housing policy aimed at simultaneous treatment, of all three aspects of the problem have been missed. The thesis concludes that only by questioning the conventional assumptions underlying Canadian rental policy and by acknowledging the interrelatedness of the three problem areas will we make progress on resolving rental housing problems. / Applied Science, Faculty of / Community and Regional Planning (SCARP), School of / Graduate

Today in Canada, child care is not perceived by the government, nor its citizenry, as a public good. Despite numerous reports from economic, health, social and psychological experts, Canadians remain complacent about the inadequate child care provisions in our country. As a society, we do not demand, or even anticipate, the public provision of universal, affordable, accessible child care. Instead, Canadians consider the care of children to be a predominantly private issue; unworthy of significant government intervention or assistance. Consequently, parents and children must improvise within a privatized, ad hoc, market-oriented patchwork of individualized child care arrangements. While it is true that certain "special" cases are acknowledged to deserve the government's support, - for example Aboriginal children and children with special needs, as well as the children of "welfare moms" - their exceptional status serves to reinforce the notion that the care of children is primarily a private parental responsibility. The purpose of this paper is to analyze and critique the current child care system (or lack thereof) in Canada. In addition, I intend to show that existing child care arrangements are unsatisfactory not only because of the immediate consequences for parents, children, and child care workers, but because of the way in which the privatized purchasing of child care reinforces other systemic shortcomings in our patriarchal, racialized, capitalist society. I will argue that current attitudes toward child care in Canada, as part of a patriarchal capitalist and racialized paradigm, rely on and perpetuate detrimental notions of class, gender and race, to the disadvantage of all citizens. Finally, I will discuss the possibilities for meaningful reform of the Canadian approach to child care. / Arts, Faculty of / Political Science, Department of / Graduate

M.Com. (Financial Economics) / This paper studies the efficacy of bank bailouts in restoring financial stability during financial crises. Stability is measured in terms of stock market volatility. The volatility dynamics associated with banking crises in South Korea, Malaysia, Indonesia, Thailand, and the United States (US) are investigated. Using daily returns data from 1 January 1997 to 8 October 2012, two specific methods are used to measure the impact of bailouts on financial stability. Firstly, dummy variables that account for the timing of bailout policies are included in the variance equation of Exponential Generalised Autoregressive Conditional Hetereoskedasticity (EGARCH) models that are estimated for the overall stock market index of each of the affected countries. Secondly, EGARCH models are estimated using 30-day rolling windows in order to control for shifts in unconditional volatility that may result from bailouts. The Spearman Rank-Order correlation test is used to assess the rank-order relationship between the EGARCH 30-day rolling window conditional volatility and actual volatility, which is estimated as a 30-day moving average of squared returns. Three main findings form the conclusion of this study. The first is that, in some cases, bailouts are successful in reducing volatility in some of the East Asian and US stock markets. Secondly, although the creation of centralised asset management companies and the implementation of guarantees of liabilities as bailout policies are effective at reducing volatility in the East Asian markets, closures of, and interventions in, banks and other financial institutions, liquidity support, and capital support are not effective in reducing volatility in the East Asian markets. This illustrates that different bailout policies have different impacts on volatility. Finally, although bailout policies reduce volatility, liquidity support, and capital support, bailout policies are more effective at reducing volatility in the United States than in the East Asian countries. This illustrates that the same bailout policies cannot be used in different types of economies, namely developed and developing economies, with the hope of the same outcome being realized.

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