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871. Slipping into Obscurity? Crisis and Reform at the IMF

Author:
Bessma Momani and Eric Helleiner
Publication Date:
02-2007
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation (CIGI)
Abstract:
Top policymakers worry today that the International Monetary Fund (IMF) risks 'slipping into obscurity'. What explains the IMF's declining influence? Two significant developments have been the declining demand for IMF loans from middle-income borrowers, and the emergence of a more critical view towards the institution from US policymakers in recent years. In this new political context, a range of reform proposals has been put forward by Fund management, key shareholders, and the concerned policy community with the goal of restoring and preserving the IMF's significance. Advocates of change have focused particular attention on the need for process-oriented reforms that would change the nature of IMF governance as a means of restoring its legitimacy among many member governments. Also prominent have been more outcome-oriented reforms that propose various changes in IMF activities and performance. Are-invigorated IMF is unlikely to emerge from the current situation without the implementation of governance-related reforms.
Topic:
Foreign Policy, Economics, Emerging Markets, and International Trade and Finance
Political Geography:
United States

872. Is Iran Facing an Economic Crisis?

Author:
Kelly Campbell
Publication Date:
05-2007
Content Type:
Policy Brief
Institution:
United States Institute of Peace
Abstract:
Western policy toward Iran relies heavily on economic pressure, and Iran's political trajectory is shaped in large part by its economic prospects and constraints. A toughened regime of UN Security Council sanctions against Iran and uncertainties about the viability of its petroleum sector—compounded by deep structural distortions caused by a history of economic mismanagement—raise real questions about the state of the Iranian economy. The Iran Policy Forum at the United States Institute of Peace convened a meeting to discuss the status of Iran's economy and energy sector; the effect of Iran's uncertain political climate and concerns over its nuclear program on the economy; and actions the government should take to avoid future economic troubles. This USIPeace Briefing summarizes the discussion.
Topic:
Security, Economics, and Political Economy
Political Geography:
United States, Iran, and Middle East

873. Troubling Trafficking: why I am worried about motherhood and apple pie but don't endorse slavery

Author:
Bridget Anderson
Publication Date:
05-2007
Content Type:
Policy Brief
Institution:
Danish Institute for International Studies (DIIS)
Abstract:
Trafficking in persons is currently viewed as a serious problem by a wide range of different agencies, organisations and lobby groups. And yet different groups identify trafficking as a problem for very different reasons and often have very different political agendas with regard to the issue. I examine three types of "stakeholders" with a view to identifying the key challenge for each in using the language of trafficking. These stakeholders are feminist "abolitionist" NGOs and their supporters; migrants'/ workers/human rights organisations; and states.
Topic:
Civil Society, Crime, Economics, and Non-Governmental Organization
Political Geography:
United States

874. The Muslim Presence in France and the United States: Its Consequences for Secularism

Author:
Jocelyne Cesari
Publication Date:
08-2007
Content Type:
Journal Article
Journal:
French Politics, Culture Society
Institution:
Conference Group on French Politics Society
Abstract:
All too often, the question of Muslim minorities in Europe and America is discussed solely in socioeconomic terms or with a simplistic focus on the Islamic religion and its purported incompatibility with democracy. This article focuses instead on the secularism of Western host societies as a major factor in the integration of Muslim minorities. It compares French and American secularism and argues that while French-style secularism has contributed to present tensions between French Muslims and the French state, American secularism has facilitated the integration of Muslims in the United States-even after 9/11.
Topic:
Economics
Political Geography:
United States, America, and Europe

875. It's One World Out There: The Global Consensus on Selecting the World Bank's Next President

Author:
David Wheeler
Publication Date:
06-2007
Content Type:
Working Paper
Institution:
Center for Global Development (CGD)
Abstract:
In May 2007 CGD launched an online survey of the global development community on three issues: the selection process for the next World Bank president; criteria for rating the candidates; and actual ratings for nine candidates who had been named by the international media. Between May 22 and May 31, CGD received nearly 700 responses from people whose characteristic s reflect the diversity of the international development community. Survey participants represent 71 nations; all world regions; high-, middle- and low-income countries; a variety of professional affiliations; and all adult age groups. About 30% of respondents are women.
Topic:
Development, Economics, International Organization, and Politics
Political Geography:
United States

876. Program for the Study of Biofuels, Poverty and Food Security

Author:
Jikun Huang, Mark Rosengrant, Rosamond Naylor, Walter P. Falcon, David Victor, Kenneth Cassman, and Scott Rozelle
Publication Date:
02-2007
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
The recent global expansion of biofuels production is an intense topic of discussion in both the popular and academic press. Much of the debate surrounding biofuels has focused on narrow issues of energy efficiency and fossil fuel substitution, to the exclusion of broader questions concerning the effects of large-scale biofuels development on commodity markets, land use patterns, and the global poor. There is reason to think these effects will be very large. The majority of poor people living in chronic hunger are net consumers of staple food crops; poor households spend a large share of their budget on starchy staples; and as a result, price hikes for staple agricultural commodities have the largest impact on poor consumers. For example, the rapidly growing use of corn for ethanol in the U.S. has recently sent corn prices soaring, boosting farmer incomes domestically but causing riots in the streets of Mexico City over tortilla prices. Preliminary analysis suggests that such price movements, which directly threaten hundreds of millions of households around the world, could be more than a passing phenomenon. Rapid biofuels development is occurring throughout the developed and developing world, transforming commodity markets and increasingly linking food prices to a volatile energy sector. Yet there remains little understanding of how these changes will affect global poverty and food security, and an apprehension on the part of many governments as to whether and how to participate in the biofuels revolution.
Topic:
Agriculture, Development, Economics, Globalization, Government, International Political Economy, International Trade and Finance, and Poverty
Political Geography:
United States and Mexico

877. Non-Working Time, Income Inequality and Quality of Life Comparisons: The Case of the U.S. vs. the Netherlands

Author:
Ellen Verbake and Thomas A. DiPrete
Publication Date:
06-2007
Content Type:
Working Paper
Institution:
Minda de Gunzburg Center for European Studies, Harvard University
Abstract:
The distribution of well-being in society and comparisons of well-being across societies depend both on the amount of inequality at the national level and also on the national average level of well-being. Comparisons between the U.S. and western Europe show that inequality is greater in the U.S. but that average GDP/capita is also greater in the U.S., and most Americans have higher standards of living than do Western Europeans at comparable locations in their national income distributions. What is less well-known is that (depending on the country) much or all of this gap arises from differences in the level of working hours in the U.S. and in Western Europe. Crossnational comparisons of well-being have typically relied on the methodology of generalized Lorenz curves (GLC), but this approach privileges disposable income and cash transfers while ignoring other aspects of welfare state and labor market structure that potentially affect the distribution of well-being in a society. We take an alternative approach that focuses on the value of time use and the different distributions of work and family time that are generated by each country's labor market and social welfare institutions. We show that reasonable estimates of the greater contribution to well-being from non-market activities such as the raising of children or longer vacations overturn claims in the literature that the U.S. offers greater well-being to more of its citizens than do Western European countries.
Topic:
Economics
Political Geography:
United States, America, Europe, and Netherlands

878. Jacob K. Javits and Latin American Economic Integration

Author:
Salvador Rivera
Publication Date:
08-2007
Content Type:
Working Paper
Institution:
Independent Institute
Abstract:
Since the end of the Second World War the United States has zealously pursued internationalism, the policy of establishing a new economic and political order based on free trade. Internationalism views the world as one community. It seeks to create a common body of political, economic and social values with an emphasis on human rights, environmentalism and the expansion of democracy.
Topic:
Economics, International Trade and Finance, and Regional Cooperation
Political Geography:
United States and Latin America

879. Non-Working Time, Income Inequality, and Quality of Life Comparisons: The Case of the U.S. vs. the Netherlands

Author:
Ellen Verbakel and Thomas DiPrete
Publication Date:
12-2007
Content Type:
Working Paper
Institution:
Institute for Social and Economic Research and Policy at Columbia University
Abstract:
The distribution of well-being in society and comparisons of well-being across societies depend both on the amount of inequality at the national level and also on the national average level of well-being. Comparisons between the U.S. and western Europe show that inequality is greater in the U.S. but that average GDP/capita is also greater in the U.S., and most Americans have higher standards of living than do Western Europeans at comparable locations in their national income distributions. What is less well-known is that (depending on the country) much or all of this gap arises from differences in the level of working hours in the U.S. and in Western Europe. Cross-national comparisons of well-being have typically relied on the methodology of generalized Lorenz curves (GLC), but this approach privileges disposable income and cash transfers while ignoring other aspects of welfare state and labor market structure that potentially affect the distribution of well-being in a society. We take an alternative approach that focuses on the value of time use and the different distributions of work and family time that are generated by each country's labor market and social welfare institutions. We show that reasonable estimates of the greater contribution to well-being from non-market activities such as the raising of children or longer vacations overturn claims in the literature that the U.S. offers greater well-being to more of its citizens than do Western European countries.
Topic:
Economics, Markets, and Political Economy
Political Geography:
United States, Europe, and Netherlands

880. Long-Term Effects of a Recession at Labor Market Entry in Japan and the United States

Author:
Yuji Genda, Ayako Kondo, and Souichi Ohta
Publication Date:
12-2007
Content Type:
Working Paper
Institution:
Institute for Social and Economic Research and Policy at Columbia University
Abstract:
We examine effects of entering the labor market during a recession on subsequent earnings and employment for Japanese and American men, using comparable household labor force surveys. Previous analyses focus on search theoretic and implicit-contract arguments, which have their strongest effects on more educated workers. We argue that, in a country like Japan which has a dual labor market, there is an additional mechanism that affects mainly less educated workers. Namely, these workers are more likely to be trapped in the secondary sector if they graduate during a recession. We find a persistent, strong negative effect on earnings for less educated Japanese men, in contrast to no long-term effect for less educated American men; also, a substantial part of the effect for less educated Japanese men is attributed to the decreased probability of regular employment. The effect for the more educated group is more or less similar in both countries.
Topic:
Economics, International Trade and Finance, and Markets
Political Geography:
United States, Japan, America, Israel, and Asia