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141. Trump and the IMF

Author:
Susan Schadler
Publication Date:
10-2017
Content Type:
Policy Brief
Institution:
Centre for International Governance Innovation (CIGI)
Abstract:
So far, the International Monetary Fund (IMF) has defied the odds in its relations with the administration of US President Donald Trump. In contrast to the administration’s at times stormy ride with some other international organizations and agreements, relations have been rather calm — even friendly — between the United States and the IMF. There has been no talk of cutting US funding to the IMF, no threat of pulling out of the organization, no statements casting aspersions on the IMF and no “tweet storms” on specific events involving the IMF. In fact, although not directly from President Trump, statements in support of actions or positions of the IMF have surfaced. Why has the IMF escaped the antagonism of the new administration, and can it continue to do so?
Topic:
International Political Economy and International Trade and Finance
Political Geography:
Global Focus

142. The Good, the Bad and the Ugly: Chinese influence in the Western Balkans

Author:
Alexandr Lagazzi and Michal Vít
Publication Date:
10-2017
Content Type:
Working Paper
Institution:
Europeum Institute for European Policy
Abstract:
With the past export-led economic growth that has gradually become a tool of Chinese soft power, China showcased globally a powerful and inviting policy of economic power in action, and investment-seeking countries (especially from the Western Balkans) are willing to show their eagerness towards Chinese loans and capital. On the reverse side, China presents itself as an equally eager investor, and can be counted on in all situations, including when Chinese investors picked up projects declined by the EU.
Topic:
International Trade and Finance
Political Geography:
Global Focus

143. The Georgia-NATO Strategic Partnership and Regional Security – The Wales and Warsaw NATO Summits

Author:
Vakhtang Maisaia
Publication Date:
11-2017
Content Type:
Special Report
Institution:
Centre for East European Studies, University of Warsaw
Abstract:
he NATO Wales and Warsaw Summits held in 2014 and in 2016, were historic events due to the complex processes associated with them. The Summits have generated much discussion and are comprised of decisive issues and decisions. In the last Warsaw Summit, up to ten documents were adopted, including the final communique, which was for the first time quite “thick” for and more detailed, compared to previously adopted documents (about 139 items). For the first time in the last few decades, the European Union and NATO came to a consensus and adopted a common declaration, where they expressed their united position on common problems within the frameworks of Transatlantic security, and agreed on plans for further strategic cooperation (EU-NATO Joint Declaration 2016). Most importantly, the representatives of both organisations declared a common approach toward threats emanating from the East and South (i.e. Russia and ISIS). At this stage, the Alliance identi ed three geostrategic special regions for more active operations in the context of strategic defence and deterrence. ose regions became the main issue of the summit: the Baltic Sea, the Black Sea and the Aegean Sea. NATO must boost its support for the Southern ank via crisis management capabilities and strengthened partnerships (Lorenz “NATO at a Critical Crossroads”, 11). In general, NATO has returned to a collective defence strategy. is is a new game where the South Caucasus is becoming a “red frontier” line between the main actors: NATO and Russia. It seems that the priorities of NATO and Russia in the region are evolving within the framework of the so-called “security dilemma”, where both parties are trying to build up their military capabilities and tools of political pressure on the countries of the region, competing with each other in various geostrategic dimensions. is includes intensive NATO military exercises in Georgia and implementation of the Comprehensive Assistance Package, as well as strengthening military potential in the territories of occupied Abkhazia and South Ossetia, not to mention the establishment of a joint air defence system with Armenia, and strengthening the Caspian Flotilla by Russia.
Topic:
NATO, International Trade and Finance, and International Affairs
Political Geography:
Global Focus

144. The Role of IPAs in Advancing Sustainable Development

Author:
Columbia Centre on Sustainable Investment
Publication Date:
11-2017
Content Type:
Working Paper
Institution:
Centre for East European Studies, University of Warsaw
Abstract:
Every year the World Association of Investment Promotion Agencies (WAIPA) surveys its members. This survey, conducted in 2017, polled over 90 agencies on numerous aspect
Topic:
International Political Economy and International Trade and Finance
Political Geography:
Global Focus

145. The Use of Scholarship by the WTO Appellate Body

Author:
Sondre Torp Helmersen
Publication Date:
11-2016
Content Type:
Journal Article
Journal:
The Goettingen Journal of International Law
Institution:
The Goettingen Journal of International Law
Abstract:
This article examines the use of scholarship by the WTO Appellate Body. While it is not possible to say definitively how the Appellate Body views the legal status of scholarship in WTO dispute settlement, its use of scholarship will in practice determine its status. The article identifies three overall trends: the Appellate Body’s use of scholarship has declined, the Appellate Body uses scholarship mostly for matters of general international law (as opposed to WTO law), and the Appellate body has generally been careful in its use of scholarship. Possible explanations for these trends may include an increase in available precedents, the Appellate Body’s specialized role, criticism of the Appellate Body, and its members’ backgrounds.
Topic:
International Cooperation, International Law, International Trade and Finance, and World Trade Organization
Political Geography:
Global Focus

146. Globalization

Publication Date:
01-2016
Content Type:
Course Pack
Institution:
Columbia International Affairs Online
Abstract:
Globalization is a framework for describing many affiliated worldwide developments. Globalization isn't simply more of the ongoing process of internationalization; rather it describes the increasing ease with which technologies, people, goods, services and capital move transnationally. But the term is also widely used to convey such elements as universalization and changes to sovereignty. While many embrace it, others fear it. Former Federal Reserve chairman Alan Greenspan has suggested that opposition to globalization could have the effect of reversing progress on free trade. The International Forum on Globalization is one organization that seeks to reverse globalization. The readings in this course pack focus on the many facets of globalization.
Topic:
Economics, Globalization, International Trade and Finance, Political Economy, and International Affairs
Political Geography:
Global Focus

147. An Economy For the 1%: How privilege and power in the economy drive extreme inequality and how this can be stopped

Author:
Deborah Hardoon, Ricardo Fuentes-Nieva, and Sophia Ayele
Publication Date:
01-2016
Content Type:
Policy Brief
Abstract:
The global inequality crisis is reaching new extremes. The richest 1% now have more wealth than the rest of the world combined. Power and privilege is being used to skew the economic system to increase the gap between the richest and the rest. A global network of tax havens further enables the richest individuals to hide $7.6 trillion. The fight against poverty will not be won until the inequality crisis is tackled.
Topic:
Economics, Human Welfare, International Trade and Finance, Poverty, and Social Movement
Political Geography:
Global Focus

148. Jurisdiction on the Internet: From Legal Arms Race to Transnational Cooperation

Author:
Bertrand de la Chapelle and Paul Fehlinger
Publication Date:
04-2016
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation (CIGI)
Abstract:
The past 20 years have witnessed a profound change in the types of non-resident investors who provide funding to emerging market economies (EMEs) and the financial instruments through which emerging market (EM) corporations borrow from abroad. Until the beginning of the new millennium, private capital flows to EMEs were mainly intermediated by large global banks, and EMEs were subjected to massive volatility in their external payments balances, exchange rates and domestic financial systems. But since the early 2000s the role of bank-intermediated credit has declined, as the base of investors willing to take on exposure to EM corporate debt has become much larger and more diverse. These structural changes have encouraged a vast growth in flows of funds, not only from the mature economies to EMEs as a group, but also among EMEs themselves.
Topic:
Debt, Economics, Emerging Markets, International Trade and Finance, and Financial Crisis
Political Geography:
Global Focus

149. Assessing the Effects of the Multifibre Arrangement after Its Termination

Author:
John Whalley and Daqing Yao
Publication Date:
03-2016
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation (CIGI)
Abstract:
The effects of the termination of the Multifibre Arrangement (MFA) on the trade of clothing and textiles are assessed in this paper, based on world trade date and US trade data. The findings from the data analyzed indicate that the effects of the termination of the MFA on the clothing trade was more significant for clothing than for the textiles trade. With the end of the MFA, the freer trade in these sectors shed light on other sectors that are still protected under trade agreements.
Topic:
International Trade and Finance, Markets, Treaties and Agreements, and Regulation
Political Geography:
Global Focus

150. The Impact of Sustainability Codes of Conduct in the Financial Sector

Publication Date:
02-2016
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation (CIGI)
Abstract:
This paper analyzes the impact of four major financial sector sustainability codes of conduct, the UN Environmental Programme Finance Initiative, the UN Principles for Responsible Investment, the Equator Principles and the Global Alliance for Banking on Values with regard to their impact on the sustainability of their members. The codes of conduct focus on the integration of environmental, social and governance criteria into financial decision making in lending, investment, asset management and project finance. corporate sustainability voluntary codes of conduct have a positive impact on their members. The effectiveness, however, depends on the quality and content of a code, as well as on implementation and compliance mechanisms.
Topic:
Economics, International Trade and Finance, Markets, United Nations, and Ethics
Political Geography:
Global Focus