The Geopolitics Of Real Estate

A historical analysis of the geopolitics of real estate with settler-colonialism on the one side and the rise of über-wealthy foreign real estate investors on the other.

A historical analysis of the geopolitics of real estate with settler-colonialism on the one side and the rise of über-wealthy foreign real estate investors on the other.

Individual foreign investment in residential real estate by new middle-class and super-rich investors is re-emerging as a key issue in academic, policy and public debates around the world. At its most abstract, global real estate is increasingly thought of as a liquid asset class that is targeted by foreign individual investors who are seeking to diversify their investment portfolios. But foreign investors are also motivated by intergenerational familial security, transnational migration strategies and short-term educational plans, which are all closely entwined with global real estate investment. Government and local public responses to the latest manifestation of global real estate investment have taken different forms. These range from pro-foreign investment, primarily justified on geopolitical and macro-economic grounds, to anti-foreign investment for reasons such as mitigating public dissent and protecting the local housing market. Within this changing geopolitical context, this book offers a diverse range of case studies from Canada, Hong Kong, Singapore, Russia, Australia and Korea. It will be of interest to academics, policymakers and university students who are interested in the globalisation of local real estate. The chapters in this book were originally published in the International Journal of Housing Policy.

We live in the era of the knowledge-based economy, and this has major implications for the ways in which states, cities and even supranational political units are spatially planned, governed and developed. In this book, Sami Moisio delves deeply into the links between the knowledge-based economy and geopolitics, examining a wide range of themes, including city geopolitics and the university as a geopolitical site. Overall, this work shows that knowledge-based "economization" can be understood as a geopolitical process that produces territories of wealth, security, power and belonging. This book will prove enlightening to students, researchers and policymakers in the fields of human geography, urban studies, spatial planning, political science and international relations.

We investigate how corporate stock returns respond to geopolitical risk in the case of South Korea, which has experienced large and unpredictable geopolitical swings that originate from North Korea. To do so, a monthly index of geopolitical risk from North Korea (the GPRNK index) is constructed using automated keyword searches in South Korean media. The GPRNK index, designed to capture both upside and downside risk, corroborates that geopolitical risk sharply increases with the occurrence of nuclear tests, missile launches, or military confrontations, and decreases significantly around the times of summit meetings or multilateral talks. Using firm-level data, we find that heightened geopolitical risk reduces stock returns, and that the reductions in stock returns are greater especially for large firms, firms with a higher share of domestic investors, and for firms with a higher ratio of fixed assets to total assets. These results suggest that international portfolio diversification and investment irreversibility are important channels through which geopolitical risk affects stock returns.

Forecast geopolitics and markets with this clear and insightful resource Geopolitical Alpha – An Investment Framework for Predicting the Future provides readers with an original and compelling approach to forecasting the future and beating the markets while doing so. Persuasively written by author, investment strategist, and geopolitical analyst Marko Papic, the book applies a novel framework for making sense of the cacophony of geopolitical risks with the eye towards generating investment-relevant insights. Geopolitical Alpha posits that investors should ignore the media-hyped narratives, insights from "smoke-filled rooms," and most of their political consultants and, instead, focus exclusively on the measurable, material constraints facing policymakers. In the tug-of-war between policymaker preferences and their constraints, the latter always win out in the end. Papic uses a wealth of examples from the past decade to illustrate how one can use his constraint-framework to generate Geopolitical Alpha. In the process, the book discusses: What paradigm shifts will drive investment returns over the next decade Why investment and corporate professionals can no longer treat geopolitics as an exogenous risk How to ignore the media and focus on what drives market narratives that generate returns Perfect for investors, C-suite executives, and investment professionals, Geopolitical Alpha belongs on the shelf of anyone interested in the intersection of geopolitics, economics, and finance.

Nations stand on the precipice of a technological tidal wave in cyberspace that is fundamentally altering aquaspace, geospace, and space (CAGS). In its size, scale, strength, and scope, the technology-triggered transformation that is emerging from cyberspace is unlike anything ever experienced before in prior industrial revolutions. The speed of the current ideas, innovations, and breakthroughs emerging from cyberspace has no known historical precedent and is fundamentally disrupting almost every component of a nation. While there is no easy way to compute how the on-going cyberspace-triggered transformation will unfold, one thing is clear: the response to its security must be collective.As cyberspace fundamentally alters aquaspace, geospace, and space, there is a need to understand the security-centric evolutionary changes facing the human ecosystem. What is the knowledge revolution? Should we be concerned about the dual-use nature of digital technologies, the do-it-yourself movement, and the democratization of destruction? What are the implications of fake news and information warfare on global politics? Are we being surveilled? Is access to cyberspace a human right? Will we soon see digital walls? How will nations stay competitive? How do we govern cyberspace? Geopolitics of Cybersecurity works to answer these questions, amidst a backdrop of increasing global competition, mistrust, disorder, and conflict. Conversations about cyberspace and technology are now inextricably linked to broader conversations affecting each one of us across nations, from trade policy and digital autonomy to cyber warfare and the weaponization of artificial intelligence. Ultimately, how nations handle these issues and conflicts will determine the fate of both cyberspace and humanity.

Director of Le Monde Diplomatique, the author presents an original, discriminating and lucid political matrix for understanding what he calls the OC current disorder of the worldOCO in terms of Internationalization, Cyberculture and Political Chaos."

This innovative book tells a unique story about D-Day, one that does not concentrate on the soldiers who hit the beaches or the admirals and generals who commanded them. Instead, Colin Flint brings engineers, businessmen, and bureaucrats to center stage. Through them, he offers a different way of thinking about war, one that sees war as an ongoing set of processes in which seemingly isolated acts are part of broader historical developments. Developing the concept ofgeopolitical constructs to understand wars, the author connects specific events to long-term and global geopolitical arrangements. Focusing on the construction of the Mulberry Harbours—massive artificial structures dragged across the English Channel in the immediate wake of the invading force—Flint illustrates how the process of making war links a vast array of people, institutions, and places, as well as past events and future outcomes. He argues that the people who designed and built the Harbours became geopolitical subjects by producing pieces of engineering that helped shape the course of World War Two and the Cold War that followed, which created a militarized trans-Atlantic that remains today. Using previously unpublished archival material to give voice to those who made the Mulberry Harbours and wartime strategy, this original study broadens the historical and geographical scope of how we understand war, showing how the everyday actions of individuals made, and were made by, geopolitical settings.

Now in a thoroughly revised edition, this innovative and engaging text surveys the field of popular geopolitics, exploring the relationship between popular culture and international relations from a geographical perspective. Jason Dittmer and Daniel Bos connect global issues with the questions of identity and subjectivity that we feel as individuals, arguing that who we think we are influences how we understand the world. Building on the strengths of the first edition, each chapter focuses on a specific theme—such as representation, audience, and affect—by explaining the concept and then outlining some of the emerging debates that have revolved around it. New and updated case studies—including heritage and social media—help illustrate the significance of the concepts and capture the ways popular culture shapes our understandings of geopolitics within everyday life. Students will enjoy the text's accessibility and colorful examples, and instructors will appreciate the way the book brings together a diverse, multidisciplinary literature and makes it understandable and relevant.