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71. Journal of Public and International Affairs 2018

Author:
Andi Zhou, Sam Kanson-Benanav, Collin Smith, Yi Xu, Amn Nasir, Sameer Anwar, Saim Rashid, Muqueet Shahzad, Lauren Eades, William O'Connell, Caper Gooden, Paige KW Gasser, Laurie Georges, Seleeke Flingai, and Erika Parks
Publication Date:
05-2018
Content Type:
Journal Article
Journal:
Woodrow Wilson School Journal of Public and International Affairs
Institution:
Woodrow Wilson School of Public and International Affairs, Princeton University
Abstract:
These are critical times for those who work to further the public interest. Across the globe, divisions and distrust erode the clarity required to tackle the great challenges of our day. Those who advocate for truth find themselves under attack from those who fear what they might lose if the status quo is changed. There is exceptional need today for powerful voices speaking on behalf of sound policy. The 10 articles in this 29th edition of the Journal of Public and International Affairs all reflect a dogged determination among young policy professionals around the world to press ahead in spite of the headwinds. These pages contain fresh ideas on electrifying rural Myanmar, reforming the U.S. banking system, strengthening the Jordanian labor market, and preventing recidivism among convicted sex offenders in Texas, to name just a few. The JPIA was born from the conviction that graduate students have a unique and invaluable voice in key policy debates. The authors of these articles, together with the 45 editors from 13 graduate programs around the world who selected and reviewed them, will shape the future of economic, international, domestic, and development policy in the decades to come. We strive continually, especially at this moment, to amplify their voices.
Topic:
Development, International Cooperation, Nuclear Weapons, Treaties and Agreements, International Affairs, Bilateral Relations, Labor Issues, Business, Mental Health, Accountability, Public Sector, Hezbollah, Services, Electricity, Pollution, and Waste
Political Geography:
Pakistan, Africa, South Asia, Middle East, Canada, Brazil, South America, Central America, Lebanon, Mozambique, North America, Mexico, Jordan, Southeast Asia, Myanmar, and United States of America

72. Twenty Years of Morocco’s Development

Author:
Edward M. Gabriel
Publication Date:
03-2018
Content Type:
Journal Article
Journal:
The Ambassador's Review
Institution:
Council of American Ambassadors
Abstract:
Twenty years ago, I arrived in Morocco as the new U.S. Ambassador. It was the beginning of a close-up view of the changes going on in Morocco for the next two decades. During my first meeting with King Hassan II, shortly after my arrival, he wasted no time in addressing Morocco’s agenda with the United States, challenging me on our nation’s positions, especially in regard to his Kingdom’s existential issue regarding sovereignty over the Sahara. This unexpected candid and warm exchange set the tone for regular meetings throughout my tenure during which concerns and grievances were voiced in private, rather than aired publicly. King Mohammed VI would continue this practice with me after his father’s death. My first few months in the country also coincided with the beginning of the first government of Alternance, led by opposition leader Abderrahmane El Youssoufi—a watershed moment for Morocco that many political analysts mark as the beginning of significant democratic reform and economic liberalization in Morocco after years of a strong-armed approach to governing and limited civil rights. Abderrahmane El Youssoufi, whose political activities had previously resulted in two years in jail and then 15 years of exile, became Prime Minister after his party, the Socialist Union of Popular Forces (USFP), won the most seats in the November 1997 elections. Since then, the international community has confirmed Moroccan elections as occurring in a fair and transparent manner. In 1998, the unemployment rate in the country was 17 percent and growing, with youths making up a disproportionate percentage of the population. Women lacked equal rights with men. The percentage of the population living at or below the poverty line for lower middle-income countries was around 28 percent, and more than half of the entire adult population was illiterate, with rates among rural women much higher. Electricity in the country reached only around 60 percent of the population, and almost a quarter did not have access to potable water. Infant mortality rates were 23 percent higher than the regional average, and maternal mortality ratios were nearly double the regional average. Overall, the micro-economic picture was in dire shape. The economy was too dependent on agriculture, accounting for 20 percent of gross domestic product (GDP) and heavily reliant on rainfall. Infrastructure was lacking throughout the country, and environmental degradation was widely apparent throughout the cities and the countryside, presenting a challenge to the growth of tourism. Of particular note, the northern part of Morocco was completely neglected after a series of militant actions created an irreparable rift between King Hassan and his citizens there. In contrast to the micro-economic indicators, by 1998 King Hassan had established a strong macro-economic climate: a low ratio of debt to GDP, a low budget deficit and an open, competitive economic system. He adopted International Monetary Fund (IMF) and World Bank reforms that, had Morocco been a member of the European Union, would have qualified it for inclusion in the Monetary Union. Upon his death in 1999, King Hassan left the country unified, with a very strong nationalistic belief in country and King, a reasonably performing economy and, most important, with a solid commitment in its support for U.S. objectives regarding counterterrorism and economic openness, and in promoting peace in the Middle East. Twenty years later, where is Morocco today? Where is it headed tomorrow?
Topic:
Agriculture, Development, Diplomacy, Education, Democracy, Decentralization, and IMF
Political Geography:
Africa, United States, North Africa, and Morocco

73. A Poisoned Well: Lessons in Mediation from South Sudan’s Troubled Peace Process

Author:
Zach Vertin
Publication Date:
04-2018
Content Type:
Policy Brief
Institution:
International Peace Institute
Abstract:
In 2013, the world’s newest nation—the Republic of South Sudan—descended into civil war. External actors moved quickly to convene peace talks under the auspices of the Intergovernmental Authority on Development (IGAD), leading to a comprehensive peace deal in August 2015. But the agreement unraveled just a year later, before it could be implemented, and the war metastasized. This paper examines the IGAD-led peace process for South Sudan from 2013 to 2015. Viewed through a prism of mediation best practice, it is a critical assessment of the attempt to negotiate a settlement of the conflict and a distillation of lessons learned. While singular conclusions are hard to draw, the paper concludes that the process may have helped to slow South Sudan’s civil war and provided a platform to confront the fundamental changes required to transform state and society. But inherent flaws meant the peace deal lacked the political will, broad national ownership, and implementing authorities necessary to make it stick. As IGAD member states and international partners now attempt to “revitalize” the peace process, they would be wise to evaluate, and build upon, its lessons.
Topic:
Development, Treaties and Agreements, Peace, and Mediation
Political Geography:
Africa and South Sudan

74. Exchange Rate, Petroleum Price and Price Determination in Sierra Leone

Author:
B.I.B. Kargbo
Publication Date:
01-2018
Content Type:
Working Paper
Institution:
African Economic Research Consortium (AERC)
Abstract:
The Sierra Leone economy is a net importer with a chronic negative balance of trade. Imports as a percentage of GDP averaged 40.8% between 2001 and 2010. Imports of food, mineral fuels and lubricants accounted for 50.8% of the total value of imports within the same period. Also, the value of the leone depreciated from Le 920.75 in 1996 to Le 4,000 in 2010 while inflation averaged 12.6% for the same period. As a result of the interplay of these forces, fuel prices are most times adjusted upwards to compensate for the depreciation of the leone against the dollar or to match up with increases in the world price of crude oil. This study determines the effects of monetary environment as well as exchange rate movement and petroleum prices on domestic prices in Sierra Leone by estimating a hybrid model of inflation in which inflation responds to its own lags, lags of other variables, and a set of error-correction terms that represent short run disequilibria from the money market, external sector and output that feed into the inflation process.The empirical results from the parsimonious model show that petroleum product prices and exchange rate, as well as monetary factors determine inflation in Sierra Leone.What is also significant from the findings is that the contribution of petroleum prices to domestic price formation is unfounded in the long run, meaning that it is only a short-run phenomenon. The results also support the view that a fair portion of fluctuations in domestic prices is driven by its own shocks.
Topic:
Development, Economics, International Trade and Finance, Monetary Policy, Economic growth, and Inflation
Political Geography:
Africa and Sierra Leone

75. Conditional Pricing of Currency Risk in Africa's Equity Market

Author:
Odongo Kodongo and Kalu Ojah
Publication Date:
01-2018
Content Type:
Research Paper
Institution:
African Economic Research Consortium (AERC)
Abstract:
In this paper, we sought to establish whether Africa’s volatile currencies drive equity risk premium. We use the stochastic discount factor (SDF) framework to estimate various conditional specifications of the International Capital Asset Pricing Model through generalized method of moments technique. Our results show strong evidence of conditional, time-varying currency risk premium in equity returns. Currency risk is also perceived by international investors as important in informing the equities pricing kernel. We also find evidence that international investors are worried about Africa’s small size equity markets and build anticipated low trading into their pricing calculus.
Topic:
Development, Economics, International Trade and Finance, Global Political Economy, Economic growth, Capital Flows, Currency, and Profit
Political Geography:
Africa

76. Estimating the Size and Trends of the Informal Economy in Ghana

Author:
Matthew Kofi Ocran
Publication Date:
01-2018
Content Type:
Research Paper
Institution:
African Economic Research Consortium (AERC)
Abstract:
The purpose of this paper is to quantitatively examine the evolution of the informal economy over the past four decades. The study used the currency demand approach as analytical framework for the assessment. The findings suggest that there has been an upward trend in the size of the informal economy as a proportion of the officially recorded GDP. For instance, the size of the informal economy as a proportion of the official GDP estimates increased steadily, from 14% in 1960 to 18% by 1977. The proportion fell thereafter and started picking up again from 1983 to a new high of 30% between 2003 and 2004. The outcome of the study has policy implications particularly for the design of effective monetary and fiscal policy and the selection of appropriate policy instruments.
Topic:
Development, Economics, International Political Economy, Monetary Policy, Economic growth, Fiscal Policy, and Profit
Political Geography:
Africa and Ghana

77. Lebanese Communities Abroad: Feeding and Fuelling Conflicts

Author:
Tamirace Fakhoury
Publication Date:
12-2018
Content Type:
Working Paper
Institution:
Arab Reform Initiative (ARI)
Abstract:
Lebanon, a small republic of 6 million inhabitants, is both an ‘emigration prone’ country and a key destination for refugee movements and migrant workers. The presentation will specifically concentrate on Lebanon’s complex relationships with its diaspora communities. After reviewing Lebanon’s history of emigration, it will unpack the Lebanese diaspora’s complex interactions with war and post-war politics. While Lebanese diaspora communities are heavily engaged in their country’s development, economic, community and political activities, the presentation will show that their involvement does not challenge the nature of Lebanon’s sectarian-based model of governance. Rather the political fragmentation of Lebanese abroad replicates and perpetuates modes of sectarian mobilization. Understanding Lebanon’s fragmented “diasporic field” requires accounting for the state’s policy making towards its diaspora communities. The Lebanese state has so far not succeeded in developing an institutionalized policy making apparatus to channel Diasporas’ contributions nor has it extended substantial rights to its diaspora. It remains to be seen whether, and if so how, the recent extension of extraterritorial voting rights would augur a new era of diaspora involvement in Lebanese politics.
Topic:
Development, Diaspora, Immigration, and voting rights
Political Geography:
Africa, Middle East, Asia, Lebanon, and Beirut

78. Kenyan Democracy and the Rule of Law

Author:
John Mukum Mbaku
Publication Date:
03-2018
Content Type:
Special Report
Institution:
Georgetown Journal of International Affairs
Abstract:
Certain characteristics and values have the power to make or break a democracy. The supremacy of law, for instance, is the foundation on which democracy is built; it is the heart and soul of a free society and the basis for peaceful coexistence. This holds particularly true in Kenya. To manage the conflicting interests of diverse subcultures, all citizens, regardless of their political, economic, and ethnocultural affiliation, must be subject to the law. Thus, a governing process undergirded by the rule of law is critical for a future of peace and development in Kenya.
Topic:
Development, Government, Democracy, and Rule of Law
Political Geography:
Kenya and Africa

79. BALANCING AGAINST CHINA WITH THE ASIA-AFRICA GROWTH CORRIDOR: AN INDIAN-JAPANESE INITIATIVE TOWARDS THE INDO-PACIFIC

Author:
Carlos Eduardo Carvalho and João Paulo Nicolini Gabriel
Publication Date:
10-2018
Content Type:
Journal Article
Journal:
Conjuntura Austral: Journal of the Global South
Institution:
Conjuntura Austral: Journal of the Global South
Abstract:
The launch of a vision document for Asia-Africa Growth Corridor (AAGC) at the African Development Bank meeting in Gujarat in 2017 reveals an important aspect to grasp the awkening of a strategy to face China’s rise. This conference of the African Development Bank (AfDB) is a landmark for this initiative. This bank is a mechanism for economic and social development with the participation of non-African members (e.g. China, India, Brazil, the United States, and Japan). The main contributors to the African Development Fund -linked to this bank -are the United Kingdom, the USA and Japan. Beijing does not figure among the most influent members of this organization. Thus, it was an opportunity for think tanks, supported by India and Japan, to introduce the idea of a corridor aimed to link Asia to Africa in order to increase co-operation in agriculture, social development and technology sharing.
Topic:
Development, International Political Economy, International Trade and Finance, Economic growth, Banks, Trade, Economic Development, Trade Policy, and Economic Cooperation
Political Geography:
Africa, Japan, China, and Asia

80. Can China Realize Africa’s Dream of an East-West Transport Link?

Author:
Cobus van Staden
Publication Date:
04-2018
Content Type:
Journal Article
Journal:
China Brief
Institution:
The Jamestown Foundation
Abstract:
Several ambitious schemes have been proposed to link Africa’s east and west coasts, some of which are closer to full realization than others. Most notable in this respect is a plan to expand the existing Trans-African Highway 5 (TAH5) into a true cross-continental road and rail link, the early stages of which China has helped bring to fruition where Western consortiums failed. Likewise, Chinese investment in African infrastructure through Beijing’s ambitious Belt and Road Initiative (BRI) may help create expanded sub-regional linkages, particularly in East Africa, that could help facilitate the emergence of an eventual, true East-West link in the long term. However, in the short-to-mid-term, the obstacles to a truly robust set of East-West transport links are formidable, and it is unlikely that China’s involvement will be a panacea.
Topic:
Development, International Trade and Finance, Infrastructure, and Soft Power
Political Geography:
Africa, China, and Asia