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31. Europe Beyond Aid: Assessing Europe's Commitment to Development

Author:
David Roodman, Owen Barder, Julia Clark, Alice Lépissier, and Liza Reynolds
Publication Date:
12-2012
Content Type:
Working Paper
Institution:
Center for Global Development
Abstract:
European countries pride themselves on being leaders in spurring development within poor countries. We find that Europe's approach to development could be characterised as energetically tackling the symptoms of poor economic opportunities for developing countries by providing effective aid, while doing relatively little to tackle the underlying structural causes of poverty. We use the Center for Global Development Commitment to Development Index (CDI) as a tool to examine Europe's performance overall. We combine the scores for the twenty-one European countries which are included in the 2012 edition of the Commitment to Development Index to calculate the single score they would have obtained if they had been a single country. This represents the combined commitment to development of these countries, by giving appropriate weight to the larger, more populous countries in Europe, which tend to have less development-friendly policies than the Nordic countries and the Netherlands. Our calculations show that compared to the other countries in the CDI, Europe as a whole performs better than most CDI countries on aid and environment, but less well in other dimensions such as trade and security. This paper provides the background to a series of more detailed studies of the policies of European countries, individually and collectively through the European Union, in each dimension of the CDI, which the Center for Global Development in Europe is coordinating.
Topic:
Development, Political Economy, Poverty, and Foreign Aid
Political Geography:
Europe

32. Lessons from Reforms in Central and Eastern Europe in the Wake of the Global Financial Crisis

Author:
Anders Åslund
Publication Date:
04-2012
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics
Abstract:
The response of the ten new eastern members of the European Union to the global financial crisis has valuable lessons of crisis resolution for the euro area. These countries were severely hit by the crisis in the fall of 2008 and responded with extensive reforms. Crisis made the unthinkable possible. This paper outlines the main reform measures that the ten Central and East European (CEE) countries carried out. It then quantifies to what extent the CEE countries resolved the macroeconomic crisis and explores the effects of the reforms on future growth prospects. The fourth and major section discusses how the political economy of the crisis resolution actually worked. Finally, the author examines what lessons euro area countries can learn from the crisis resolution of the newest members of the European Union.
Topic:
Debt, Economics, International Trade and Finance, Markets, Political Economy, and Financial Crisis
Political Geography:
Europe

33. The European Crisis Deepens

Author:
Simon Johnson and Peter Boone
Publication Date:
01-2012
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
Successive plans to restore confidence in the euro area have failed. Proposals currently on the table also seem likely to fail. The market cost of borrowing is at unsustainable levels for many banks and a significant number of governments that share the euro.
Topic:
Political Economy, Regional Cooperation, and Monetary Policy
Political Geography:
Europe

34. The Coming Resolution of the European Crisis

Author:
C. Fred Bergsten and Jacob Funk Kirkegaard
Publication Date:
01-2012
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
Doom and gloom about the euro abounds. An increasing number of commentators and economists, including here at the Peterson Institute, have begun to question whether the common currency can survive.
Topic:
Economics, International Trade and Finance, Political Economy, Regional Cooperation, and Financial Crisis
Political Geography:
Europe

35. Pigs, Prawns and Power Houses: Politics in Water Resources

Author:
K. M. Jensen, R. B. Lange, and J. C. Refsgaard
Publication Date:
02-2012
Content Type:
Working Paper
Institution:
Danish Institute for International Studies
Abstract:
Normative ideals for 'good water management' have proliferated the last twenty years. However, evidence of effective implementation is scarce. This paper analyzes cases from India, the Mekong and Denmark where attempts have been made to translate water management ideals into practice. The purpose is to demonstrate the importance of politics and power for water management processes and their outcomes. The concept of social learning is applied in order to understand the dynamic interplay between actors, institutions and power in the political processes involved. It is argued that the political economy of water tends to vest the stronger stakeholders with an interest in upholding the status quo. Consequently, social learning typically centers on the 'low lying fruits' that does not challenge the prevailing distribution of resources. The authors, Kurt Mørck Jensen, Rane Baadsgaard Lange, and Jens Christian Refsgaard argue that strategic approaches looking outside the 'water box' are necessary to foster deeper changes in water resources management in both developing and developed countries.
Topic:
Political Economy and Natural Resources
Political Geography:
Europe and Southeast Asia

36. A Eurosceptic big bang: Finland's EU policy in hindsight of the 2011 elections

Author:
Kaisa Korhonen and Juha Jokela
Publication Date:
05-2012
Content Type:
Policy Brief
Institution:
Finnish Institute of International Affairs
Abstract:
The Finnish parliamentary elections in spring 2011 were marked by a landslide victory for the Eurosceptic (True) Finns Party. Such an unprecedented upswing for anti-integrationist voices was expected to reshape Finland's EU policy. The Finns Party did not join the government, however, and the party has mainly influenced Finnish EU policymaking while in opposition, and indirectly through public opinion-building. While outright anti-integrationist rhetoric remains on the margins of national public debate, more critical approaches to EU politics have become increasingly pronounced. Political parties have, to varying degrees, adapted their rhetoric and policies to the changing environment. Importantly, the broad consensus on EU affairs in Finland has broken down, at least temporarily. The EU has featured high on the agendas of the recent election campaigns as well as in opposition politics. This has affected Finland's official position too. It has moved in a more cautious and self-contained direction, although the country remains a pro-integrationist member state.
Topic:
Democratization, International Trade and Finance, Political Economy, and Regional Cooperation
Political Geography:
Europe and Finland

37. On the road to a true Economic and Monetary Union? The challenges of fiscal federalism and democratic legitimacy

Author:
Teija Tiilikainen
Publication Date:
05-2012
Content Type:
Policy Brief
Institution:
Finnish Institute of International Affairs
Abstract:
Lessons learned from the current economic and financial crisis pose great challenges for the EU concerning the future development of the EMU. Through the recent changes the limits of a mere coordination of economic policies have been reached and a debate about turning the system into a true Economic and Monetary Union must be launched. A further strengthening of the EU's power in economic and fiscal policies would require a clearer move in the direction of fiscal federalism, that is, a more balanced relationship between the Union's budget and those of the member states. It would also require the finalization of the Union's democratic system along the lines of a federal political order. The divided character of the currency union presents significant difficulties for its further deepening and democratization.
Topic:
Economics, Political Economy, Regional Cooperation, Monetary Policy, and Financial Crisis
Political Geography:
Europe

38. Russia on the Move

Author:
Dmitri V. Trenin, Maria Lipman, Alexey Malashenko, and Nikolay Petrov
Publication Date:
06-2012
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
To the casual observer, Russia is stuck where it was a decade ago. Vladimir Putin has once again assumed the presidency and any semblance of organized political opposition largely faded away after the March elections. But popular protests persist, and the existing politico-economic system can no longer adequately address the shifting social realities inside the country or the challenges of the global environment. The system must change if Russia is to develop further, and Moscow's policies of economic modernization alone are neither sufficient nor possible without political reform.
Topic:
Corruption, Democratization, Political Economy, Fragile/Failed State, and Governance
Political Geography:
Russia, Europe, and Asia

39. India and Europe in a Multipolar World

Author:
Bernd von Muenchow-Pohl
Publication Date:
05-2012
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
The image of India as an emerging power is widely held, but there is equal reason to see the European Union as an emerging power, too, even at the risk of raising eyebrows. Like India, the EU seeks to become a global political player on top of being a great economic power. As the global power dynamic shifts, both are trying to define their roles in an emerging multipolar world. The question arises whether closer cooperation can help the EU and India to achieve their ambitions. Though they have committed to a strategic partnership, in its present state the EU-India relationship has been likened to a “loveless arranged marriage.” With each increasingly absorbed by domestic problems, the prospects for closer ties are fading, notwithstanding the opportunities that would be lost.
Topic:
Globalization, International Trade and Finance, Political Economy, Power Politics, and Bilateral Relations
Political Geography:
Europe, India, and Asia

40. The Arctic policies of Canada and the United States: domestic motives and international context

Author:
Kristofer Bergh
Publication Date:
07-2012
Content Type:
Working Paper
Institution:
Stockholm International Peace Research Institute
Abstract:
The Arctic ice is melting. If current trends continue, there will be dramatic changes in the region, with far-reaching implications. At the same time, the receding ice opens the region to economic development, including through the exploitation of previously inaccessible hydrocarbons and minerals. In September 2011, both the Northern Sea Route (along Russia's north coast, formerly known as the Northeast Passage) and the Northwest Passage (along the northern coasts of Alaska and Canada) were open for some time, potentially creating shorter shipping routes between Asia, Europe and North America. Increased human activity in the sparsely populated and in hospitable Arctic requires new initiatives to achieve safety and security for the region's environment and its inhabitants and visitors.
Topic:
Foreign Policy, Climate Change, Diplomacy, Political Economy, and Bilateral Relations
Political Geography:
Russia, Europe, Canada, Asia, and North America