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21. Beyond Poles and Wires: How to Keep the Electrons Flowing?

Author:
Navroz K. Dubash and Ashwini K. Swain
Publication Date:
06-2019
Content Type:
Special Report
Institution:
Centre for Policy Research, India
Abstract:
India’s move to electrify every village and household in the country has been lauded as a success. Building on decades of targeted programmes and public investments by multiple governments, the country completed 100% village electrification in April 2018; a year after, it has electrified nearly all ‘willing’ households. Despite the time it took to get here, these achievements are important milestones in India’s development trajectory. But does connecting households to the electric grid resolve the electricity access challenge? The answer depends on whether electrons flow through the wires and whether all consumers are served equally and adequately.
Topic:
Development, Government, Infrastructure, Investment, and Electricity
Political Geography:
South Asia, India, and Asia

22. The Birth of the Modern Chinese Banking Industry: Ri Sheng Chang

Author:
Vivid Lam, Oenone Kubie, and Christopher McKenna
Publication Date:
11-2019
Content Type:
Case Study
Institution:
Oxford Centre for Global History
Abstract:
Pingyao (平遥) is a remote place for a tourist attraction. Located in the centre of Shanxi province, it is some 380 miles from Beijing and further from Shanghai or Hong Kong where the tourists tend to congregate. Yet, despite the isolation, come they do to Pingyao. The nearest airport to Pingyao is in Tiayuan, over one hundred kilometres away, so most visitors arrive by coach or by train; along the poorly paved streets and past the decaying houses until they arrive in the middle of the city. Here the tourists disembark from their coaches and their trains and find themselves transported to the days of the Qing dynasty emperors, surrounded by imperial architecture. The tourists wander slowly towards West Street. This is the home of the most popular attraction: the headquarters of Ri Sheng Chang (日昇), a late Qing company which revolutionised Chinese banking, now a museum and an increasingly busy tourist attraction. This is the story of how it came to be and how the little city in a small province in China rose to prominence, became the financial centre of the world’s largest economy, fell to obscurity and, now, rises again.
Topic:
Development, International Trade and Finance, History, Capitalism, and Global Political Economy
Political Geography:
China and Asia

23. What North Korea’s Push for Economic Development Means for Human Rights

Author:
Bradley O. Babson
Publication Date:
04-2019
Content Type:
Special Report
Institution:
Georgetown Journal of International Affairs
Abstract:
Since his first-annual New Year’s speech in 2012 setting North Korea’s policy priorities, Kim Jong Un has emphasized his commitment to economic development, notably promising his people that they will never have to tighten their belts again. The Byunjin policy of equally prioritizing economic development and security through nuclear and missile programs reflects Kim’s desire to assure regime stability by delivering broad-based economic development while establishing a security environment that deters external threats and potential domestic unrest. While United States policy has used sanctions and other pressures to stymie Kim’s ambitions, the Kim regime has nonetheless modestly furthered economic development and significantly advanced security through its nuclear and missile testing programs.
Topic:
Security, Development, Economics, Human Rights, and Sanctions
Political Geography:
Asia, North Korea, North America, and United States of America

24. China’s Smart Cities: The New Geopolitical Battleground

Author:
Alice Ekman
Publication Date:
12-2019
Content Type:
Special Report
Institution:
Institut français des relations internationales (IFRI)
Abstract:
“Smart city” development has become a fashionable policy and research topic. A growing number of central and local governments in Europe, Asia, Africa and Latin America, in partnership with companies from diverse sectors (construction, transport, energy, water, etc), consulting firms, NGOs and experts, are now developing smart-city-related projects. This report looks at the smart city from a broader, geopolitical perspective, and considers it, for the first time, as a potential area of geopolitical competition between countries. This approach is relevant given the strategic nature of the infrastructure involved in smart-city development (telecommunication and energy grids, mobile networks, data centers, etc). It is also relevant at a time of prolonged tensions between China and the United States – a period during which 5G and other technologies that are key to developing smart cities are generating global debate and diverging positions across countries.
Topic:
Development, Science and Technology, Urbanization, Belt and Road Initiative (BRI), and Smart Cities
Political Geography:
China, Asia, North America, and United States of America

25. China’s Future Development: Challenges and Opportunities

Author:
James A. Dorn
Publication Date:
01-2019
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
1978 has been erratic, with many interruptions along the way. The end result, however, has been eye opening: the Middle Kingdom has become the world’s largest trading nation, the second largest economy, and more than 500 million people have lifted themselves out of poverty as economic liberalization removed barriers to trade. One of the enduring lessons from China’s rise as an economic giant is that once people are given greater economic freedom, more autonomy, and stronger property rights, they will have a better chance of creating a harmonious and prosperous society (see Dorn 2019). Nevertheless, China faces major challenges to its future development. There is still no genuine rule of law that effectively limits the power of government, no independent judiciary to enforce the rights promised in the nation’s constitution, no free market for ideas that is essential for innovation and for avoiding major policy errors, no competitive political system that fosters a diversity of views, and a large state sector that stifles private initiative and breeds corruption. China’s slowing growth rate, its increasing debt burden, environmental problems, and the increasing tension in U.S.-China relations compound the challenges facing Beijing.
Topic:
Development, Economics, History, and Trade Liberalization
Political Geography:
China and Asia

26. Navigating the Belt and Road Initiative Recommendations to ensure beneficial and sustainable BRI outcomes

Author:
Daniel R. Russel and Blake Berger
Publication Date:
06-2019
Content Type:
Special Report
Institution:
Asia Society
Abstract:
Launched in 2013, China’s Belt and Road Initiative (BRI) is a highly ambitious development effort that would sew together infrastructure projects across more than 70 countries. Estimated to comprise of more than USD $1 trillion in Chinese investment, the BRI is arguably China's broadest economic engagement effort with the rest of the world — enhancing its connectivity through Southeast, South, Central, and West Asia; Africa; Europe; and South America. The Asia Society Policy Institute project – Navigating the Belt and Road Initiative – examines BRI with the aim of setting forth actionable recommendations for how China and partner countries can help ensure that BRI projects yield beneficial and sustainable developmental, economic, environmental, civic, and social outcomes. The project includes a report by the same name, which is available for download below, as well as an interactive visualization of 12 recommended practices and their specific implementation steps, intended outcomes, and relevant Chinese and international precedents. (For interactive content see: https://asiasociety.org/policy-institute/belt-and-road-initiative)
Topic:
Development, Diplomacy, Soft Power, Belt and Road Initiative (BRI), Investment, and Economic Diplomacy
Political Geography:
Africa, China, Europe, South Asia, Central Asia, Asia, South America, Southeast Asia, and West Asia

27. Restructuring Public Finances in Yemen

Publication Date:
10-2019
Content Type:
Policy Brief
Institution:
Sana'a Center For Strategic Studies
Abstract:
Even before the current conflict, Yemen’s public finances suffered from an overdependence on energy exports, one of the lowest tax collection rates in the world, and chronic budget and balance of payments deficits. The government’s consistent operating deficits were funded through domestic debt instruments – drawing investment away from the private sector – borrowing from its own central bank, and foreign loans. Meanwhile, current (or recurring) expenditures dominated government spending relative to capital investments, indicating the state’s poor track record in development initiatives.
Topic:
Development, Economics, Tax Systems, Exports, Economic Development, and Capital Controls
Political Geography:
Asia, Yemen, and West Asia

28. The Gulf’s eastward turn: The logic of Gulf-China economic ties

Author:
Karen E. Young
Publication Date:
02-2019
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Arab Gulf states are expanding their political and economic ties with China as a bridge strategy to create a next-generation energy market in traditional oil and gas products, as well as petrochemical production and future market access in expected areas of consumer growth. China is also a competitor in some areas where Arab Gulf states are investing in infrastructure, ports, and political outreach to secure new security partnerships, particularly in the Horn of Africa. China and the Arab Gulf states share a model and vision of economic development that is state centered and profitable to state-owned enterprises and financial institutions.
Topic:
Foreign Policy, Development, and Economics
Political Geography:
China, Middle East, Asia, and Gulf Cooperation Council

29. INSTC vs. BRI: The India-China Competition Over the Port of Chabahar and Infrastructure in Asia

Author:
Syed Fazl-e Haider
Publication Date:
12-2019
Content Type:
Journal Article
Journal:
China Brief
Institution:
The Jamestown Foundation
Abstract:
The China-Pakistan Economic Corridor (CPEC), the central component of China’s Belt and Road Initiative (BRI) in South Asia, has been a source of significant attention and controversy (China Brief, January 12, 2018; China Brief, February 15). Parts of South Asia, the Middle East, Central Asia, and Europe, however, are also host to another ambitious infrastructure program: the “International North-South Transport Corridor” (INSTC), a transportation development plan first established in 2000 by Iran, Russia and India. The INSTC envisions a network to connect Indian Ocean and Persian Gulf ports and rail centers to the Caspian Sea, and then onwards through the Russian Federation to St. Petersburg and northern Europe.
Topic:
Development, International Trade and Finance, Infrastructure, and Economy
Political Geography:
Russia, China, Iran, Middle East, India, and Asia

30. Demand-Driven Youth Training Programs: Experimental Evidence from Mongolia

Author:
José Galdo, Bayarmaa Dalkhjavd, Altantsetseg Batchuluun, Soyolmaa Batbekh, and Maria Laura Alzúa
Publication Date:
08-2019
Content Type:
Working Paper
Institution:
Center for Distributive, Labor and Social Studies (CEDLAS)
Abstract:
Because of its high incidence and potential threat to social cohesion, youth unemployment is a global concern. This study uses a randomized controlled trial to analyze the effectiveness of a demand-driven vocational training program for disadvantaged youth in Mongolia. Mongolia, a transitional country whose economic structure shifted from a communist, centrally planned economy to a free-market economy over a relatively short period, offers a new setting in which to test the effectiveness of standard active labor market policies. This study reports positive and statistically significant short-term effects of vocational training on monthly earnings, skills matching, and self-employment. Substantial heterogeneity emerges as relatively older, richer, and better-educated individuals drive these positive effects. A second intervention that randomly assigns participants to receive repetitive weekly newsletters with information on market returns to vocational training shows positive impacts on the length of exposure to and successful completion of the program. These positive effects, however, are only observed at the intensive margin and do not lead to higher employment or earnings outcomes.
Topic:
Development, Economics, Industrial Policy, Labor Issues, Employment, Youth, and Labor Policies
Political Geography:
Mongolia and Asia