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551. Covid-19 Crisis and Shifts in the Corporate Competitive Landscape: Comparisons with Previous Economic Crises

Author:
Sang-Ha Yoon, Yaein Baek, Wontae Han, Yoonsoo Lee, and Daisoon Kim
Publication Date:
04-2023
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
In terms of economic fluctuations, it is well recognized that the effects of an economic crisis have a detrimental impact on the entry, growth, decline, and exit of firms. In addition, the magnitude of the impact varies both within and between industries depending on the size and other characteristics of the firm. The economy is going through significant changes due to the emergence of new industries and the decline or disappearance of current ones. This study looks at how big economic events like the COVID-19 pandemic and the global financial crisis have affected businesses and industries. After completing a study at several levels of top international corporations, larger domestic enterprises, and domestic small and medium-sized businesses, it attempts to draw policy implications. First, it is necessary to foster and support top-tier companies to defend against global economic fluctuations and strengthen international competitiveness. In particular, the institution in charge of competition policies domestically and the institution that helps companies improve their competitiveness are different and the focus of policies is distinctive, so comprehensive attention and perspective of policymakers are needed. Second, it is urgent to respond to new issues related to competition policy in the domestic market. The behavior of emerging big tech and platform companies is different from monopoly companies in the past, so consumer welfare is not impaired, but it burdens nearby and other market participants. Therefore, a view that deviates from the focus on monopoly pricing is also essential for competition policy. Third, measures to support global corporate growth and countermeasures against changes in the industrial landscape should be prepared. Investment and R&D expansion at the corporate level is essential for corporate growth, and measures are needed to boost investment in recently emerging intangible assets. In addition, it is important to revitalize the movement of economic resources to cope with changes in the inter-industry landscape accompanied by the crisis. Fourth, policies to revitalize start-ups and closures are required. The decline in new companies' market entry and exit rates is a symtom of an aging economy contributing to the overall decrease in productivity. Therefore, enhancing the revitalization of the corporate ecosystem and expanding the size of enterprises are essential to enhance the dynamics of the economy. Fifth, it is necessary to find an appropriate combination of government roles in times of crisis. In particular, it is important to grasp the detailed status of economic stabilization policies in relation to SMEs, and at the same time, clear judgments on the appropriate size of support measures, the period of support, and the timing of collection are urgently needed.
Topic:
Economics, COVID-19, Corporations, Economic Crisis, and Competition
Political Geography:
Global Focus

552. Analysis on the Determinants of Labor Share and Its Policy Implications

Author:
Yaein Baek, Minsoo Han, Wongi Kim, and Hyunsuk Kim
Publication Date:
02-2023
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
There has been a significant decline in the global labor share, leading to numerous studies about the cause of this drop. The labor share is used as one of the main indicators of inequality because a decrease in the labor share can lead to aggravation of income inequality. This is because low-skilled workers can be greatly affected by such a decline in the labor share and the main source of in-come for the low-income class, including the self-employed, is labor income. Among various indicators of inequality, this study analyzes the determinants of the change in labor share. Technological changes such as adoption of robots, advancements in information and communications technology (ICT) and the Fourth Industrial Revolution (4IR) are expected to change the labor market. Hence, this study analyzes the impact of technological changes on labor share and suggests policy responses.
Topic:
Economics, Science and Technology, Labor Issues, and Inequality
Political Geography:
Global Focus

553. Using Risk Analysis to Shape Border Management: A Review of Approaches during the COVID-19 Pandemic

Author:
Kelley Lee, Julianne Piper, and Jennifer Fang
Publication Date:
01-2023
Content Type:
Special Report
Institution:
Migration Policy Institute (MPI)
Abstract:
The near universal adoption of travel measures by governments to control the spread of COVID-19 has proved controversial during the pandemic. National responses have been highly varied and frequently changing, and the use of travel measures—ranging from advisories and screening to quarantine, testing, immunity certification, and restrictions on entry—has been poorly coordinated across jurisdictions. Particularly in the early stages of the crisis, this created chaos for travelers and the travel sector, and caused significant economic and social harms. Many governments also failed to clearly communicate the rationale for using travel measures, the evidence underpinning them, and the measures’ role within overall pandemic response strategies. There is now substantial evidence that these measures’ early and stringent use by some governments during the initial stages of the pandemic slowed the importation of the virus and reduced its onward transmission. Yet, there is also growing recognition of weaknesses in the quality of evidence available to inform policy decisions. Evaluating the appropriateness of travel measures and applying them effectively during future public-health emergencies will depend on international consensus on methodologies that lead to a more harmonized and coordinated approach and to greater public trust in policy decisions. This report presents a comparative analysis of 11 publicly available methodologies used to assess travel-related risks during the pandemic—those of Hong Kong, New Zealand, South Korea, Taiwan, United Kingdom, United States, International Civil Aviation Organization, International Air Transport Association, World Health Organization, Organization for Economic Cooperation and Development, and European Union. It offers a set of lessons learned and recommendations, including a proposed decision instrument that could improve the use of risk analysis for border management during future public-health emergencies.
Topic:
Security, International Cooperation, International Organization, Governance, Border Control, and COVID-19
Political Geography:
United Kingdom, Taiwan, South Korea, New Zealand, Hong Kong, Global Focus, and United States of America

554. External Processing: A Tool to Expand Protection or Further Restrict Territorial Asylum?

Author:
Pauline de Oliveira and Nicholas Feith Tan
Publication Date:
02-2023
Content Type:
Special Report
Institution:
Migration Policy Institute (MPI)
Abstract:
Access to territorial asylum is under significant pressure in many corners of the world. Pushbacks at borders as well as pandemic-era mobility restrictions have prevented many asylum seekers from reaching their destinations. And new and ongoing crises, including those in Afghanistan and Ukraine, have highlighted the need to offer protection closer to where vulnerable populations live, and for high-income countries to find ways to share responsibilities with the low- and middle-income countries that host the overwhelming majority of people in need of international protection. This has led to renewed interest in external processing, which involves conducting part or all of the asylum procedure outside a destination country’s territory. Notably, even as countries such as Australia and the United Kingdom have adopted policies to offshore asylum processing to countries such as Papua New Guinea and Rwanda in hopes of deterring spontaneous arrivals, there is growing interest in using external processing in ways that complement existing territorial asylum and expand, rather than restrict, protection opportunities. This report—part of the Beyond Territorial Asylum: Making Protection Work in a Bordered World initiative led by MPI and the Robert Bosch Stiftung—highlights the opportunities that external processing offers as well as the challenges to its implementation and the risks it could pose to territorial asylum. It explores three categories of external processing policies implemented or proposed to date: humanitarian visas, emergency evacuations, and external processing centers. The report also identifies key conditions that must be present for external processing to occur in a protection-sensitive manner.
Topic:
International Cooperation, Governance, Refugees, Asylum, Visa, and Immigration Policy
Political Geography:
United Kingdom, Australia, Rwanda, Papua New Guinea, and Global Focus

555. POWER, NOT PEACE: THE ACHILLES’ HEEL OF THE OLYMPIC GAMES

Author:
Timothy D. Sisk
Publication Date:
02-2023
Content Type:
Commentary and Analysis
Institution:
Political Violence @ A Glance
Abstract:
The row between International Olympic Committee (IOC) President Thomas Bach and Ukrainian President Volodymyr Zelensky over potential Russian and Belarussian athlete participation at Paris 2024 exposes the Achilles’ Heel of the Olympic Games: the peace-promising celebrations are inescapably ensnared in nation-state power politics. The IOC announced on January 25 a proposal to facilitate participation in the 2024 Olympic Games for individual athletes from Russia (and close ally Belarus) individually and neutrally in the Paris games. The statement reversed an IOC Executive Board decision from February 28, 2022, to impose more sweeping participation sanctions on Russia following the Ukraine invasion.
Topic:
Sports, Olympics, and Russia-Ukraine War
Political Geography:
Russia and Global Focus

556. Mitigating Global Fragmentation in Digital Trade Governance: A Case Study

Author:
Douglas Lippoldt
Publication Date:
01-2023
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation (CIGI)
Abstract:
Digital trade is growing rapidly, and regulators are trying to keep up. Concerns about privacy, consumer protection and national security demand regulatory attention, but too much regulation risks stifling digital trade. Current-generation trade agreements need to find the right balance between regulatory and liberal approaches to e-commerce. This paper looks at how five leading digital economies (Canada, the European Union, Japan, Singapore and the United States) are using regional trade agreements to address concerns while enhancing trade.
Topic:
Economics, International Cooperation, International Trade and Finance, Governance, and Digitalization
Political Geography:
Global Focus

557. Building Trust in AI: A Landscape Analysis of Government AI Programs

Author:
Susan Ariel Aaronson
Publication Date:
03-2023
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation (CIGI)
Abstract:
As countries around the world expand their use of artificial intelligence (AI), the Organisation for Economic Co-operation and Development (OECD) has developed the most comprehensive website on AI policy, the OECD.AI Policy Observatory. Although the website covers public policies on AI, the author of this paper found that many governments failed to evaluate or report on their AI initiatives. This lack of reporting is a missed opportunity for policy makers to learn from their programs (the author found that less than one percent of the programs listed on the OECD.AI website had been evaluated). In addition, the author found discrepancies between what governments said they were doing on the OECD.AI website and what they reported on their own websites. In some cases, there was no evidence of government actions; in other cases, links to government sites did not work. Evaluations of AI policies are important because they help governments demonstrate how they are building trust in both AI and AI governance and that policy makers are accountable to their fellow citizens.
Topic:
Science and Technology, Artificial Intelligence, Trust, and Trust-building
Political Geography:
Global Focus

558. Could a Global “Wicked Problems Agency” Incentivize Data Sharing?

Author:
Susan Ariel Aaronson
Publication Date:
03-2023
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation (CIGI)
Abstract:
Global data sharing could help solve “wicked” problems (problems such as climate change, terrorism and global poverty that no one knows how to solve without creating further problems). There is no one or best way to address wicked problems because they have many different causes and manifest in different contexts. By mixing vast troves of data, policy makers and researchers may find new insights and strategies to address these complex problems. National and international government agencies and large corporations generally control the use of such data, and the world has made little progress in encouraging cross-sectoral and international data sharing. This paper proposes a new international cloud-based organization, the "Wicked Problems Agency," to catalyze both data sharing and data analysis in the interest of mitigating wicked problems. This organization would work to prod societal entities — firms, individuals, civil society groups and governments — to share and analyze various types of data. The Wicked Problems Agency could provide a practical example of how data sharing can yield both economic and public good benefits.
Topic:
International Cooperation, Governance, Data, and Public-Private Partnership
Political Geography:
Global Focus

559. Why Does the Global Spyware Industry Continue to Thrive? Trends, Explanations, and Responses

Author:
Steven Feldstein and Brian (Chun Hey) Kot
Publication Date:
03-2023
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
The global spyware and digital forensics industry continues to grow despite public backlash following an array of surveillance scandals, many linked to NSO Group’s Pegasus program. This paper explores the resilience of the commercial spyware market and offers ideas about how to limit the spread of invasive cyber surveillance tools. It highlights several factors driving the industry, including elevated demand for intrusion technology from government clients and private customers, as well as inconsistent political will from democratic governments to crack down on these technologies.
Topic:
Science and Technology, Cybersecurity, Democracy, Surveillance, Industry, Forensic Science, and Autocracy
Political Geography:
Global Focus

560. Phase-based Tactical Analysis of Online Operations

Author:
Ben Nimmo and Eric Hutchins
Publication Date:
03-2023
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
The online threatscape in 2023 is characterized by an unprecedented variety of actors, types of operation, and threat response teams. Threat actors range from intelligence agencies and troll farms to child-abuse networks. Abuses range from hacking to scams, election interference to harassment. Responders include platform trust-and-safety teams, government agencies, open-source researchers, and others. As yet, these responding entities lack a shared model to analyze, describe, compare, and disrupt the tactics of malicious online operations. Yet the nature of online activity—assuming the targets are human—is such that there are significant commonalities between these abuse types: widely different actors may follow the same chain of steps. By conducting a phase-based analysis of different violations, it is possible to isolate the links in the chain within a unified model, where breaking any single link can disrupt at least part of the operation, and breaking many links—“completing the kill chain”—can disrupt it comprehensively. Using this model will allow investigators to analyze individual operations and identify the earliest moments at which they can be detected and disrupted. It will also enable them to compare multiple operations across a far wider range of threats than has been possible so far, to identify common patterns and weaknesses in the operation. Finally, it will allow different investigative teams across industry, civil society, and government to share and compare their insights into operations and threat actors according to a common taxonomy, giving each a better understanding of each threat and a better chance of detecting and disrupting it.
Topic:
Security, Internet, and Non-Traditional Threats
Political Geography:
Global Focus