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13701. Trade Policy Options for Chile: A Quantitative Evaluation

Author:
Glenn W. Harrison and Thomas F. Rutherfod
Publication Date:
05-1997
Content Type:
Working Paper
Institution:
The North-South Center, University of Miami
Abstract:
This paper examines the net economic benefits and government revenue implications for Chile of forming a free trade area with MERCOSUR as an associate member, forming a free trade area with NAFTA, and reducing its external tariff multilaterally and unilaterally. The research shows that NAFTA would benefit Chile, but Chile must obtain improved access in non-grain crops, one of its key export sectors, or NAFTA will result in losses for Chile. Chile will lose from the MERCOSUR agreement as presently constituted but can gain from participation in MERCOSUR by reducing its external tariff to between 6 percent and 8 percent. Such a lowering of the external tariff would lead to a reduction of costly, trade-diverting imports (on which Chile does not collect tariffs) from high-priced partner country suppliers. The paper indicates that Chile should continue to push for NAFTA membership, while moving toward broader multilateral trade liberalization. Additionally, collecting the value added tax at more uniform rates in Chile would reduce domestic distortions and enhance the effectiveness of trade policy reforms.
Topic:
Economics, International Organization, and International Trade and Finance

13702. Privatization and Regulation: Lessons from Argentina and Chile

Author:
Luigi Manzetti
Publication Date:
04-1997
Content Type:
Working Paper
Institution:
The North-South Center, University of Miami
Abstract:
Some economists have argued that before governments privatize state-owned monopolies in public utilities, they should first try to promote competition. If this is not done, privatization does not produce gains in economic efficiency; instead, it fosters rent-seeking behavior by the new private ownership. Few empirical analyses of rent-seeking behavior for Latin America in post-privatization environments have been done — those that exist concentrate on economic issues and neglect important political motivations. The purpose of this paper is to fill that gap and address key issues of public policy by examining the cases of Chile and Argentina and providing a political explanation for why the Chilean and Argentine governments allowed rent-seeking behavior in important public utility markets. Based upon an analysis of these experiences, the paper then discusses the types of institutions most likely to avoid such negative consequences.
Topic:
Economics, Government, and Political Economy

13703. Private Investment as a Financing Source for Microcredit

Author:
Carter Garber
Publication Date:
01-1997
Content Type:
Working Paper
Institution:
The North-South Center, University of Miami
Abstract:
In this paper, economist and development finance consultant Carter Garber examines the process of complementing donations and commercial bank credit with private investments as a source of capital for international microenterprise finance. First, he describes the large expectations for private capital in the rapid growth of microenterprise finance. Second, Garber discusses the varied sources of private capital, especially those involving socially responsible investment. The third and central section is an examination of eight “socially responsible investment” mechanisms that currently channel $27 million of U.S. private credit to microfinance lending institutions. Garber demonstrates the variety of available mechanisms and examines their track record to date. The final section identifies policy changes that will be necessary for these types of private investment in microenterprise to grow fast enough to meet the expected demand during the coming decade.
Topic:
Economics and International Trade and Finance

13704. Building China's Information Technology Industry

Author:
Stephen S. Cohen and Michael Borrus
Publication Date:
11-1997
Content Type:
Working Paper
Institution:
Berkeley Roundtable on the International Economy
Abstract:
At the October 29, 1997, summit meeting between President Jiang Zemin of the People's Republic of China ("China") and President Bill Clinton of the United States, President Jiang announced his government's commitment to join the Information Technology Agreement ("ITA") and thereby eliminate China's tariffs on semiconductors, computers and other information technology products. President Jiang also agreed that, in the context of the negotiations concerning China's accession to the World Trade Organization ("WTO"), China would make further substantial tariff reductions.
Topic:
Science and Technology
Political Geography:
United States, China, and Asia

13705. Turnkey Production Networks:A New American Model of Industrial Organization?

Author:
Timothy J. Sturgeon
Publication Date:
08-1997
Content Type:
Working Paper
Institution:
Berkeley Roundtable on the International Economy
Abstract:
This paper explores the implications of the following hypothesis: that a significant share of American firms are adapting to volatile and intensely competitive market conditions by "outsourcing" manufacturing functions to specialized merchant suppliers. At the same time, "brand-name" firms have reasserted control over product definition, design, and marketing functions, which are largely being kept in-house despite the spate of high-profile "strategic alliances" formed in the 1990s.
Topic:
Industrial Policy
Political Geography:
United States

13706. From Partial to Systemic Globalization

Author:
Dieter Ernst
Publication Date:
04-1997
Content Type:
Working Paper
Institution:
Berkeley Roundtable on the International Economy
Abstract:
Far-reaching changes are currently occurring in the organization and location of the production of industrial goods and services, changes which are bound to have important implications for the welfare, the development potential, and the competitive position of different countries and regions. As competition cuts across national and sectoral boundaries and becomes increasingly global, firms everywhere are forced to shift from exports to international production. Today, dominance in a domestic market—even one as large as the U.S.—is no longer enough. Mutual raiding of established customer and supply bases has become an established business practice, with the result that firms are now forced to compete simultaneously in all major markets, notably in Europe, North America and Asia.
Topic:
Globalization and Industrial Policy
Political Geography:
Europe, Asia, and North America

13707. Partners for the China Circle?: The Asian Production Networks of Japanese Electronics Firms

Author:
Dieter Ernst
Publication Date:
01-1997
Content Type:
Working Paper
Institution:
Berkeley Roundtable on the International Economy
Abstract:
The "China fever" that has raged through the Japanese industry over the last few years, has drastically changed the locational patterns of Japanese investment within East Asia. The share of China in the investment of Japanese electronics firms abroad has increased by leaps and bounds: from the measly 0.6% of 1990 ( the year after the Tianmen massacre), it has now reached almost 7%, catching up fast with the 7.7% share of ASEAN.
Topic:
Industrial Policy and International Trade and Finance
Political Geography:
Japan, China, Israel, East Asia, and Asia

13708. Democratisation from the Outside in: NGO and International Efforts to Promote Open Elections

Author:
Vikram K. Chand
Publication Date:
02-1997
Content Type:
Working Paper
Institution:
The Carter Center
Abstract:
Until recently, the monitoring of elections in a sovereign country by outside actors was extremely rare. The United Nations (UN) had significant experience in conducting plebiscites and elections in dependent territories but did not monitor an election in a formally independent country until 1989, when it reluctantly became involved in the Nicaraguan electoral process. At the regional level, the Organization of American States (OAS) occasionally sent small delegations to witness elections in member states, but these missions were too brief to permit any real observation of the processes, and failed to criticise fraud. Since the 1980s election-monitoring has become increasingly common in transitional elections from authoritarian to democratic rule. Non-governmental organisations (NGOs), domestic and international, were the first to become involved in election-monitoring in the 1980s followed by international and regional organisations like the UN, the OAS, and the Organisation for Security and Cooperation in Europe (OSCE) in the 1990s. Election-monitors played a crucial role in transitional elections held in the Philippines (1986), Chile (1989), Panama (1989), Nicaragua (1990) and Haiti (1990). In addition, elections began to form a crucial element of UN 'peace-building' strategies in countries torn apart by civil strife such as Namibia (1989), Cambodia (1993) and El Salvador (1994). By the middle of the 1990s, international election-monitoring had thus become widely accepted, and fairly universal standards established for defining the term 'free and fair' elections.
Topic:
International Relations, Democratization, Non-Governmental Organization, Sovereignty, and United Nations
Political Geography:
Europe, Philippines, Cambodia, Nicaragua, Chile, and Namibia

13709. The Airborne Laser: Shooting Down What's Going Up

Author:
Geoffrey E. Forden
Publication Date:
09-1997
Content Type:
Working Paper
Institution:
Center for International Security and Cooperation
Abstract:
Future regional conflicts will almost certainly involve politically less stable nations or other regional actors using theater ballistic missiles armed with either nuclear, biological, or chemical warheads. The United States Air Force is attempting to deal with this threat by developing the Airborne Laser (ABL) with the goal of shooting down missiles while they are still under power and before they can release submunitions possibly containing highly toxic biological agents. This paper presents the results of an analysis of this system. It is based solely on information found in the open literature and using the basic physics and engineering involved in transmitting intense laser beams through the atmosphere. The ABL's potential capabilities and possible theaters of operation are discussed at a non-technical level.
Topic:
Security, Defense Policy, and Nuclear Weapons
Political Geography:
United States

13710. Implications of a Comprehensive Test Ban for China's Security Policy

Author:
Xiangli Sun
Publication Date:
06-1997
Content Type:
Working Paper
Institution:
Center for International Security and Cooperation
Abstract:
This paper focuses on the impact of a comprehensive test ban on China's nuclear program and security policy. After a general review of China's nuclear doctrine and development, the study analyzes the relationship between China's nuclear strategy and its desire for testing, and explores the reasons China decided to join the Comprehensive Test Ban Treaty. By comparing the maturity of the nuclear programs of the nuclear states and the degree of their preparations for a cessation of nuclear tests, this paper concludes that a comprehensive test ban would place greater constraints on China's nuclear program than on those of the others. Efforts such as a deeper reduction of the nuclear arsenals of the principal nuclear powers, a no-first-use commitment by all nuclear states, and the adherence to the ABM treaty by its signatories would be critical to reducing China's concerns. The progress of international arms control negotiations in the above directions would further encourage China to make even greater contributions in the field of global arms control in the post–comprehensive test ban era.
Topic:
Security, Arms Control and Proliferation, International Cooperation, and Nuclear Weapons
Political Geography:
China and Asia