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201. China’s Approach to the Belt and Road Initiative and Europe’s Response

Author:
Giulia Di Donato
Publication Date:
05-2020
Content Type:
Commentary and Analysis
Institution:
Italian Institute for International Political Studies (ISPI)
Abstract:
During the last four decades, China experienced impressive economic growth, becoming one of the leading powers of the global economy. After a century of humiliation imposed by Western and Japanese colonial powers, today the country is demonstrating a strong desire to achieve its national rejuvenation (guojia fuxing). Indeed, under the iconic leadership of President Xi Jinping, China is adopting an increasingly assertive international behavior, balancing the need to protect its sovereignty and strategic interests related to economic and security issues, and the ambition to restore its role of a great power[1]. In this context, the Belt and Road Initiative (BRI) - a massive infrastructure project to improve connectivity between the East and the West, increase regional cooperation and facilitate trade and investments - has been described as China’s grand strategy championing its global governance ambitions[2]. Indeed, BRI-participating economies represent more than one-third of global GDP, and over half of the world’s population (OECD 2017).
Topic:
Regional Cooperation, Economy, Grand Strategy, and Belt and Road Initiative (BRI)
Political Geography:
China, Europe, and Asia

202. Will Oil Become the Achilles Heel of China’s BRI?

Author:
Naser al-Tamimi
Publication Date:
01-2020
Content Type:
Commentary and Analysis
Institution:
Italian Institute for International Political Studies (ISPI)
Abstract:
With more than 136 countries (end-July 2019) reported to have signed up to the Belt and Road Initiative (BRI hereafter) since it was announced by President Xi Jinping in 2013, estimates for China's potential BRI investments vary significantly, from around US $1 trillion to as much as US $8 trillion. China’s spectacular economic rise over the last three decades has been accompanied by a sharp increase in its energy demand. As a result, China is the world’s largest energy consumer. As its economy continues to grow, even at lower rates than before, its dependence on oil and gas imports will increase over the next two decades.
Topic:
Oil, Economy, Soft Power, and Belt and Road Initiative (BRI)
Political Geography:
China and Asia

203. China’s global investment in 2019: Going Out goes small

Author:
Derek Scissors
Publication Date:
01-2020
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Chinese investment and construction around the world contracted in 2019, regardless of Beijing’s claims to the contrary. However, the decline is concentrated in large, headline-winning deals, and Chinese firms remain active on a smaller scale. A contraction in acquisitions in rich economies has boosted the relative importance of greenfield spending. The number of countries in the Belt and Road continues to expand, and power plant and transport construction continues to be preeminent. American policymakers were initially spurred to act by intense Chinese investment in 2016. This has dropped sharply, but there are challenges related to investment review that are more important, starting with strengthening export controls.
Topic:
Foreign Policy, Economy, Belt and Road Initiative (BRI), and Investment
Political Geography:
China and Asia

204. Analysis of the Turkish Services Industry and Korea-Turkey Cooperation

Author:
Cheol-Won Lee, Hyun Jean Lee, Mahmut Tekçe, and Burcu Düzgün Öncel
Publication Date:
04-2020
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
The Agreement on Trade in Services and the Agreement on Investment between Korea and Turkey came into effect in August 2018. This article focuses on the construction sector and the cultural contents sector to seek possible cooperative measures between the two countries.
Topic:
International Cooperation, Treaties and Agreements, Culture, Economy, Investment, and Industry
Political Geography:
Turkey, Middle East, Asia, and South Korea

205. The Economic Effects of Multinational Corporation Withdrawal and Policy Implications

Author:
Minsoo Han, Hyuk-Hwang Kim, Hyelin Choi, Danbee Park, and Jisu Kim
Publication Date:
03-2020
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
The shutdown of the GM Koreas Gunsan plant in May 2018 heightened social interest in the withdrawal of mutlinational corporations (MNCs). Against this backdrop, the forthcoming research The economic effects of multinational corporation withdrawal and policy responses studies the previous cases of MNC withdrawal, estimates the effects on labor market., and provides policy directions to address to the withdrawal. This note summarizes some of its important results.
Topic:
International Trade and Finance, Economy, Multinational Corporations, and Economic Policy
Political Geography:
Asia and Korea

206. North Korea’s Trade System and Implications for Inter-Korean CEPA

Author:
Jang Ho Choi and Yoojeong Choi
Publication Date:
02-2020
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
This study examines changes in trade-related legal systems in North Korea and ac-tual trade transactions, and analyzes them in accordance with international standards (the WTO regulatory framework). Through this process, we will draw up measures to im-prove North Koreas trade system to open up the external economy as well as signing of a Comprehensive Economic Partnership Ar-rangement (CEPA). The results of this study will contribute to understanding the main characteristics of trade-related laws and sys-tems within North Korea and suggest promis-ing directions for their improvement.
Topic:
Bilateral Relations, Partnerships, Economy, and Trade
Political Geography:
Asia, South Korea, and North Korea

207. An Analysis of Service Trade Regulation in ASEAN and Its Implications

Author:
Meeryung La
Publication Date:
02-2020
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
The Korean government has been pursuing a New Southern Policy (NSP) focusing on the “3P” areas of cooperation ‒ People, Prosperity, and Peace. The NSP puts people at a center of policy, and emphasizes the enhancement of cultural conversation and people-to-people exchange between Korea and ASEAN. The majority of services trade, an area with a low level of cooperation between Korea and ASEAN, is inherently based on the exchange of people. Promoting services trade flows between Korea and ASEAN could contribute to achieving the vision of a People-centered community in the region. Also, when taking into account the fact that services are integral to the working of GVC, the government should pursue policies to promote services trade and to enhance cooperation with ASEAN in the services sector. To this end, we aim to identify the current status of service trade and service trade barriers between ASEAN and Korea. This report briefly covers ASEAN’s trade in services and the restrictiveness of service trade regulations in ASEAN, and then suggests policy recommendations based on the results.
Topic:
International Cooperation, Regulation, Economy, Economic Policy, and Trade
Political Geography:
Asia and South Korea

208. A Peace Regime for the Korean Peninsula

Author:
Frank Aum, Jacob Stokes, Patricia M. Kim, Atman M. Trivedi, Rachel Vandenbrink, Jennifer Staats, and Joseph Yun
Publication Date:
02-2020
Content Type:
Policy Brief
Institution:
United States Institute of Peace
Abstract:
A joint statement by the United States and North Korea in June 2018 declared that the two countries were committed to building “a lasting and stable peace regime on the Korean Peninsula.” Such a peace regime will ultimately require the engagement and cooperation of not just North Korea and the United States, but also South Korea, China, Russia, and Japan. This report outlines the perspectives and interests of each of these countries as well as the diplomatic, security, and economic components necessary for a comprehensive peace.
Topic:
Conflict Resolution, Security, Diplomacy, Economy, and Peace
Political Geography:
Russia, Japan, China, Asia, South Korea, North Korea, Korean Peninsula, and United States of America

209. China’s Response to the Killing of Soleimani

Author:
Roie Yellinek
Publication Date:
02-2020
Content Type:
Commentary and Analysis
Institution:
The Begin-Sadat Centre for Strategic Studies (BESA)
Abstract:
China and Iran have a close relationship, but Beijing’s influence over Tehran is questionable. Its response to the killing of Iranian Quds Force commander Qassem Soleimani offers clues to its view of its own role in the Middle East.
Topic:
Bilateral Relations, Economy, Political stability, and Qassem Soleimani
Political Geography:
China, Iran, Middle East, Asia, and United States of America

210. Poshan Abhiyaan

Author:
Meghna Paul and Avani Kapur
Publication Date:
02-2020
Content Type:
Policy Brief
Institution:
Centre for Policy Research, India
Abstract:
The Poshan Abhiyaan earlier known as the National Nutrition Mission is Government of India’s (GoI’s) flagship scheme that aims to holistically address the prevalence of malnutrition in India through the use of technology, convergence, behavioural change, training, and capacity building. This brief uses government data to report on the following: Trends in GoI allocations, releases and expenditures; Trends in expenditure of selected individual components of Poshan Abhiyaan; Trends in participation by gender and activities conducted under the Mission.
Topic:
Gender Issues, Budget, Food Security, Economy, and Capacity
Political Geography:
South Asia, India, and Asia