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41. Firm Foundations: The Statistical Footprint of Multinational Corporations as a Problem for Political Economy

Author:
Timur Ergen, Sebastian Kohl, and Benjamin Braun
Publication Date:
11-2021
Content Type:
Working Paper
Institution:
Max Planck Sciences Po Center on Coping with Instability in Market Societies (MaxPo)
Abstract:
The discipline of comparative political economy (CPE) relies heavily on aggregate, country- level economic indicators. However, the practices of multinational corporations have increasingly undermined this approach to measurement. The problem of indicator drift is well-documented by a growing critical literature and calls for systematic methodological attention in CPE. We present the case for a rocky but ultimately rewarding middle road between indicator fatalism and indicator faith. We illustrate our argument by examining two important cases – Sweden’s recent export success and the financialization of non-financial corporations in France. A careful parsing of the data suggests corrections to common characterizations of the two cases. Swedish exports have been reshaped by intragroup trade among foreign subsidiaries of domestic corporations. The growth of financial assets held by French firms is attributable to the growth of foreign direct investment and to cumulative revaluation effects, while what remains of financialization is concentrated among the very largest firms. Based on these findings, we propose a methodological routine that parses data by zooming in on the qualitative specifics of countries, sectors, and firms, while using all available options for disaggregation.
Topic:
Political Economy, Economic Growth, Multinational Corporations, and Financialisation
Political Geography:
Europe, France, and Sweden

42. Refusing Refusal The Struggles of Stateless Palestinians in the Swedish Migration Regime

Author:
Helena Lindholm
Publication Date:
12-2021
Content Type:
Journal Article
Journal:
Statelessness & Citizenship Review
Institution:
Peter McMullin Centre on Statelessness, Melbourne Law School
Abstract:
This article explores the ways in which contemporary Swedish migration politics are manifested and performed in relation to stateless Palestinians. A qualitative case study shows how the migration regime of Sweden aggravates conditions of statelessness through managerial aspects of categorisations, temporalities, passivisation and spatialities. The article illustrates how securitised migration politics are detrimental to how statelessness is lived and experienced but also that stateless migrants actively engage with this regime in order to resist, protest and achieve change. Using counter-conduct as a prism through which to analyse migrant resistance, the article further explores how stateless migrants do not passively submit themselves to the outcome of penalising regimes, but struggle for a right of presence.
Topic:
Migration, Politics, Refugees, Palestinians, and Statelessness
Political Geography:
Europe and Sweden

43. 'I Must Be from Somewhere. I'm Not from the Moon'

Author:
Jason Tucker and Haqqi Bahram
Publication Date:
12-2021
Content Type:
Journal Article
Journal:
Statelessness & Citizenship Review
Institution:
Peter McMullin Centre on Statelessness, Melbourne Law School
Abstract:
This article explores the relationship between statelessness and refugeeness over time and space. It does so by drawing on how Palestinian refugees from Syria in Sweden navigate the various stateless and refugee labels imposed upon them before, during and after their flight from Syria to Sweden. Standpoint theory was deployed as the basis for understanding how this group of stateless refugees related to these labels. While the research found that, even though the labelling process was largely non-participatory, both as a manifestation for epistemic agency and a vehicle for epistemic justice in statelessness and refugee research, standpoint theory has offered an indispensable lens through which we have accessed the multiple strategies that the interviewees adopted to accept, reject, resist or negotiate their re/de-labelling throughout their journey.
Topic:
Refugees, Syrian War, Palestinians, Statelessness, and Labels
Political Geography:
Europe, Palestine, Syria, and Sweden

44. Brexit and the consequences for fisheries management in the North Sea

Author:
Gordon Munro
Publication Date:
06-2020
Content Type:
Special Report
Institution:
UK in a Changing Europe, King's College London
Abstract:
The North Sea is a very productive fishing area of great importance to surrounding coastal states Norway, the UK, Sweden, the Netherlands, France, Germany, Denmark and Belgium, with an average total harvest in recent years of slightly more than 1.8 million tonnes. This report explains why the cooperative management of the six shared North Sea fish stocks has been so stable to date and considers what lessons this success holds for the world at large. The report also speculates on the post Brexit management of these resources. The lessons learned from cooperative management over 40 years may well have an impact also on future cooperation between Norway, the UK and the EU27.
Topic:
International Cooperation, European Union, Economy, Brexit, Oceans and Seas, and Fishing
Political Geography:
United Kingdom, Europe, France, Germany, Belgium, Denmark, Sweden, and Netherlands

45. Lessons from the Swedish Experience with Negative Central Bank Rates

Author:
Fredrik N. G. Anderson and Lars Jonung
Publication Date:
10-2020
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
Interest rates declined in the wake of the 2007–2009 global financial crisis. They remained low for most of the 2010s, only rising modestly toward the end of the decade. In some European countries, interest rates even became negative. While limited to a few countries initially, the likelihood of more central banks following suit is growing in the wake of the COVID-19 pandemic. Not least, the Federal Reserve System is under pressure to adopt a negative federal funds rate (Bernanke 2020; Lilley and Rogoff 2020).
Topic:
Monetary Policy, Interest Rates, and Central Bank
Political Geography:
Europe and Sweden

46. Penicillin and the Antibiotic Revolution

Author:
Daniel Rowe and Christopher McKenna
Publication Date:
08-2020
Content Type:
Case Study
Institution:
Oxford Centre for Global History
Abstract:
In October 1945, Alexander Fleming, Howard Florey, and Ernest Chain each received an almost identical telegram from Stockholm, Sweden. The Nobel Prize Committee, these messages read, was pleased to inform the three British-based scientists that they had been awarded the Nobel Prize for Medicine, for the ‘discovery of penicillin and its curative action in various diseases.’ This was not surprising news. In fact, a year earlier, two major newspapers had informed their readers that Fleming would receive the prestigious award in 1944. Although the reporters’ stories were a year ahead of their time, they were right that the global scientific community had generally agreed that the world’s first antibiotic was a landmark in medical history worthy of Nobel Prize recognition. It was simply a question of when, not if, the prize would be awarded.
Topic:
Economics, Health, History, and Medicine
Political Geography:
Sweden and Global Focus

47. Don’t be rude, don’t be docile! How to manage freedom of manoeuvre in tense bilateral diplomacy

Author:
Hans Mouritzen
Publication Date:
11-2020
Content Type:
Working Paper
Institution:
Danish Institute for International Studies (DIIS)
Abstract:
Bilateral diplomacy has become increasingly important in today’s multipolar world. A number of cases are analysed in this DIIS Working Paper, where Nordic countries have been ‘disciplined’ in bilateral diplomacy by the emerging great powers of Russia, China, or India. Compared to the immediate aftermath of the Cold War, with US unipolarity and EU normative power, the Nordics have experienced a narrowing of their freedom of manoeuvre. It is no longer possible, without significant costs, to criticise these great powers’ internal affairs or foreign policies based on allegedly universal values. In general, it is crucial for decision-makers not to overstep their state’s freedom of manoeuvre. But on the other hand, they should not be too docile and desist from occasionally challenging its limits. Trial balloons or parallel action with related countries might do exactly that.
Topic:
Foreign Policy, Diplomacy, Power Politics, and Bilateral Relations
Political Geography:
Russia, China, India, Norway, Denmark, Sweden, and United States of America

48. The Swiss Model vs. Swedish Model in Dealing with China

Author:
Joseph de Weck
Publication Date:
05-2020
Content Type:
Commentary and Analysis
Institution:
Foreign Policy Research Institute (FPRI)
Abstract:
Do you want to know how Beijing would like Europe to act? Take a look at Switzerland. Switzerland and China have been close for decades. It was the first Western nation to establish diplomatic relations with the People’s Republic of China (PRC) in January 1950. Bern wanted to protect investments in the new People’s Republic from nationalization and hoped Swiss industry could lend a hand in rebuilding China’s infrastructure after the civil war. Being friendly to China paid off, but only 30 years later, once reformer Deng Xiaoping took the reins of the Chinese Communist Party (CCP). In 1980, Swiss elevator producer Schindler was the first foreign company to do a joint venture in China. Today, Switzerland is the only continental European country to have a free trade agreement (FTA) with China.
Topic:
International Relations, Foreign Policy, International Trade and Finance, Treaties and Agreements, and Bilateral Relations
Political Geography:
China, Europe, Asia, Switzerland, and Sweden

49. Rebuilding Sweden’s crisis preparedness: Lack of clarity impedes implementation

Author:
Mariette Hagglund
Publication Date:
05-2020
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs (FIIA)
Abstract:
Changes in the security environment and Sweden’s related policy changes adopted in the early 2000s made large national-level planning and organization unnecessary. This led to a decentralization of Sweden’s crisis preparedness system. Covid-19 is the latest reminder of some of the shortcomings in Sweden’s crisis preparedness. Previous warning signs were the 2004 tsunami in Southeast Asia, and the forest fires in 2014 and 2018. A major effort is currently underway in Sweden to build a streamlined system to respond to the broad scope of vulnerabilities and threats. A functioning crisis preparedness system is not only important in itself, but also as a contribution to Sweden’s total defence efforts. Rebuilding the system, however, will be slow and costly. Sweden’s crisis preparedness system is characterized by a complex authority landscape and discrepancies between sectors and regions. While the Swedish constitution does not allow for exceptions in crises, and ministerial governance is forbidden, the Covid-19 situation may spark a discussion about the need for changes in the legal framework.
Topic:
Defense Policy, Crisis Management, Public Health, Pandemic, and COVID-19
Political Geography:
Europe and Sweden

50. Finnish-Swedish defence cooperation: What history suggests about future scenarios

Author:
Charly Salonius-Pasternak
Publication Date:
06-2020
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs (FIIA)
Abstract:
Defence cooperation between Finland and Sweden has a history that far predates the most recent ‘reignition’ of 2014, and is now deeper than at any time in the past. In 2020, Sweden and Finland can contribute to each other’s defence in an integrated and planned fashion; but any plans are best viewed as being supplementary to national preparations. While the security interests of Finland and Sweden have overlapped historically, cooperation has often been limited due to a combination of domestic drivers and foreign pressures, as well as the nature of the international security system. Yet these same variables are currently permitting even deeper cooperation. Four future paths of cooperation are identifiable, with the most likely being a continuation of bilateral deepening, with added trilateral cooperation with Norway and the United States.
Topic:
Defense Policy, Regional Cooperation, Military Strategy, and Bilateral Relations
Political Geography:
Europe, Finland, Sweden, and Scandinavia