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12. Freeing the Global Market: How to Boost the Economy by Curbing Regulatory Distortions
- Author:
- Shanker A. Singham
- Publication Date:
- 10-2012
- Content Type:
- Working Paper
- Institution:
- Council on Foreign Relations
- Abstract:
- The U.S. economy faces major challenges competing internationally. One of the most worrisome is the growing use in China and other advanced developing countries of anticompetitive market distortions (ACMDs)—including regulatory protection that privileges specific companies—which put foreign competitors at a disadvantage. ACMDs are government actions that give certain business interests artificial competitive advantages over their rivals, be they foreign or domestic, to the detriment of consumer welfare. These market distortions are especially damaging to the industries in which the United States enjoys the greatest comparative advantages, but they are also harmful to the long-term prosperity of developing economies and cost the global economy trillions of dollars. To combat ACMDs, the conventional trade policy approach of focusing on the The U.S. economy faces major challenges competing internationally. One of the most worrisome is the growing use in China and other advanced developing countries of anticompetitive market distortions (ACMDs)—including regulatory protection that privileges specific companies—which put foreign competitors at a disadvantage.1 ACMDs are government actions that give certain business interests artificial competitive advantages over their rivals, be they foreign or domestic, to the detriment of consumer welfare. These market distortions are especially damaging to the industries in which the United States enjoys the greatest comparative advantages, but they are also harmful to the long-term prosperity of developing economies and cost the global economy trillions of dollars.
- Topic:
- Economics, Emerging Markets, Globalization, International Trade and Finance, and Markets
- Political Geography:
- Russia, United States, China, India, and Brazil
13. Starting anew in international investment law
- Author:
- M Sornarajah
- Publication Date:
- 07-2012
- Content Type:
- Policy Brief
- Institution:
- Columbia Center on Sustainable Investment
- Abstract:
- The legitimacy of investment arbitration becomes increasingly questioned, with liberal states like Australia moving away from the regime. Defenders seek to ensure the survival of this regime of asymmetric investment protection, using a variety of techniques. The conservation of the gains of property protection has resulted in novel arguments relating to the existence of a global administrative law and standards of global governance. These arguments seek to preserve an approach associated with the failure of market fundamentalism and global economic crises. As long as the inequity contained in regulatory restraints of the system affected only the powerless states, it operated with vigor; but with powerful states feeling the effects of regulatory restraints of investment treaties, there has been movement away from the earlier premises of the established regime.
- Topic:
- Development, Economics, Emerging Markets, and International Trade and Finance
- Political Geography:
- China, India, and Australia
14. The Politics of Contestation in Asia: How Japan and Pakistan Deal with their Rising Neighbors
- Author:
- Daniel Flemes, Georg Strüver, and Hannes Ebert
- Publication Date:
- 09-2012
- Content Type:
- Working Paper
- Institution:
- German Institute of Global and Area Studies
- Abstract:
- Rising powers have attracted tremendous interest in international politics and theory. Yet the ways in which secondary powers strategically respond to regional changes in the distribution of power have been largely neglected. This article seeks to fill this gap by presenting a systematic comparative analysis of the different types of and causes of contestation strategies undertaken by secondary powers. Empirically, it focuses on two contentious regional dyads in East and South Asia, exploring how structural, behavioral, and historical factors shape the way in which Japan and Pakistan respond, respectively, to China's and India's regional power politics. The paper concludes that the explanatory power of these factors depends on the particular context: in the case of Japan, China's militarily assertive regional role has invoked the most significant strategic shifts, while in the case of Pakistani contestation, shifts in polarity have had the largest impact on the strategic approach.
- Topic:
- Foreign Policy, Arms Control and Proliferation, Development, Emerging Markets, and International Trade and Finance
- Political Geography:
- Pakistan, Japan, China, and India
15. Building a Biometric National ID: Lessons for Developing Countries from India's Universal ID Program
- Author:
- Alan Gelb and Julia Clark
- Publication Date:
- 10-2012
- Content Type:
- Policy Brief
- Institution:
- Center for Global Development (CGD)
- Abstract:
- India's Universal ID program seeks to provide a unique identity to all 1.2 billion residents. With the challenge of covering a very large population, India is is a unique testing ground for biometric identification technology. Its successes and potential failures will have far-reaching implications for other developing countries looking to create national identity systems. Already, the Indian case offers some important lessons: Using multiple biometrics helps maximize accuracy, inclusion, and security Supporting public-and private-sector applications creates incentives for use Competitive, standards-based procurement lowers costs Cardless design increases security and cuts costs but can be problematic if mobile networks are incomplete Establishing clear jurisdiction is essential Open technology is good, but proprietary systems and foreign providers may still be necessary.
- Topic:
- Security, Development, Emerging Markets, and Science and Technology
- Political Geography:
- South Asia and India
16. Retail 2022: How the Economist Intelligence Unit sees the retail landscape changing over the next decade
- Publication Date:
- 11-2012
- Content Type:
- Working Paper
- Abstract:
- Markets of the future—China, India, Brazil and Russia—will become the dominant retail markets l Africa, the final frontier—as BRIC opportunities diminish retailers will look to Africa as a driver of growth l Virtual marketplace— e-commerce, m-commerce and s-commerce—will transform the global retail landscape l Bricks and mortar will fight back as traditional retailers respond to change by integrating online with physical store offerings l Convenience will be king as shopping habits evolve into a multichannel approach rather than “one-stop shopping” l UK focus: polarised shopping habits could continue even when incomes recover, leading to an even greater squeeze on mid-market retail by 2022.
- Topic:
- Economics, Emerging Markets, International Trade and Finance, Markets, Science and Technology, and Communications
- Political Geography:
- Russia, China, United Kingdom, India, and Brazil
17. The concept of "rising powers"
- Author:
- Pinar Tank
- Publication Date:
- 06-2012
- Content Type:
- Policy Brief
- Institution:
- Norwegian Centre for Conflict Resolution
- Abstract:
- The end of the cold war and the bipolar world order heralded an era of transition for global governance. Twenty years on there is still no consensus on the status of the distribution and exercise of power in today's multipolar world. What is clear, however, is the rise of new powers seeking a global political role comparable with their increased economic clout. Often referred to as the BRICS – Brazil, Russia, India, China, and South Africa – to which second-tier powers such as Indonesia, Turkey and Mexico can be added, these states are called “rising powers” or “new powers” because of their rapid economic development, and expanding political and cultural influence.
- Topic:
- Cold War, Development, Economics, Emerging Markets, Globalization, International Trade and Finance, and Governance
- Political Geography:
- Africa, Russia, China, India, and Brazil
18. New Approaches to Global Health Cooperation: Perspectives from Brazil
- Author:
- Katherine E. Bliss, Paulo Buss, and Felix Rosenberg
- Publication Date:
- 09-2012
- Content Type:
- Working Paper
- Institution:
- Center for Strategic and International Studies (CSIS)
- Abstract:
- On November 7, 2011, the Global Health Policy Center of the Center for Strategic and International Studies (CSIS) in Washington, D.C., in partnership with the Fiocruz Center for Global Health (CRIS) in Rio de Janeiro, Brazil, hosted a seminar entitled “New Approaches to Global Health Cooperation.” The event, which took place in Rio de Janeiro, assembled health policy researchers and practitioners from Brazil, Europe, the United States, and sub - Saharan Africa to examine emerging practices in global health co operation. Issues considered included the factors driving greater international engagement on public health challenges, the growing trend of trilateral cooperation, and the role of the BRICS (Brazil, Russia, India, China, and South Africa) and South - South activities in expanding international cooperation on global health. Over the course of the day - long meeting, speakers and audience members examined the reasons for the overall expansion of funding and programming for overseas global health activities durin g the past decade; considered the factors that underpin Brazil's increasing focus on global health as an area of bilateral and multilateral outreach; reviewed the characteristics of successful trilateral cooperation efforts; and debated the future of multi country engagement on health.
- Topic:
- Development, Emerging Markets, Health, and Health Care Policy
- Political Geography:
- Africa, Russia, United States, China, Europe, Washington, India, South Africa, Brazil, and Latin America
19. The Post-Washington Consensus: Development after the Crisis
- Author:
- Francis Fukuyama and Nancy Birdsall
- Publication Date:
- 03-2011
- Content Type:
- Working Paper
- Institution:
- Center for Global Development (CGD)
- Abstract:
- A clear shift in the development agenda is underway. Traditionally, an agenda generated in the developed world was implemented in—and, indeed, often imposed on—the developing world. The United States, Europe, and Japan will continue to be significant sources of economic resources and ideas, but the emerging markets will become significant players. Countries such as Brazil, China, India, and South Africa will be both donors and recipients of resources for development and of best practices for how to use them. In fact, development has never been something that the rich bestowed on the poor but rather something the poor achieved for themselves. It appears that the Western powers are finally waking up to this truth in light of a financial crisis that, for them, is by no means over.
- Topic:
- Development, Economics, Emerging Markets, Poverty, and Foreign Aid
- Political Geography:
- United States, Japan, China, Europe, India, South Africa, and Brazil
20. Putting the "Kerala Model" to Rest: Lessons for a New Era of Development in India
- Author:
- Apoorva Shah
- Publication Date:
- 09-2011
- Content Type:
- Working Paper
- Institution:
- American Enterprise Institute for Public Policy Research
- Abstract:
- In a country where two out of five citizens, about 450 million people, live in poverty, it is no exaggeration to say that the development experience of Kerala – a coastal state on the southwestern tip of India – stands out as extraordinary. Despite a history of anemic economic growth, this state of 32 million boasts effectively universal literacy rates and life expectancy levels close to many Western societies. Because of this, the “Kerala model” has been hailed by NGOs, development experts, and Western academics as an alternative path for human development in which a robust welfare system rather than economic growth drives social progress.
- Topic:
- Development, Economics, Emerging Markets, and Poverty
- Political Geography:
- South Asia, India, and Kerala
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