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22. Uzbekistan’s new Central Asia policy: The economic rationale and political implications of good neighbourliness
- Author:
- Kristiina Silvan
- Publication Date:
- 11-2020
- Content Type:
- Working Paper
- Institution:
- Finnish Institute of International Affairs
- Abstract:
- Under the leadership of President Shavkat Mirziyoyev, Uzbekistan has embarked on a moderate reform programme that aims to achieve socio-economic growth without undoing the country’s authoritarian political system. The programme has implications beyond Uzbekistan’s borders because it has changed the way Uzbekistani foreign policy is formulated and implemented. Uzbekistan’s former isolationist stance has shifted to a foreign policy opening, which is most noticeable in the improvement of its relations with its neighbours. This Working Paper analyzes “good neighbourliness”, the key concept of Uzbekistan’s new Central Asia policy. It details the amendment of Uzbekistan’s bilateral relations with its neighbours and points to the positive reception of Uzbekistan’s new regional policy in Russia, China, and the West. The paper argues that while “good neighbourliness” is a pragmatic strategy rooted in economic rationality, the policy’s regional implications are substantial. It is laying the necessary foundation for sustainable Central Asian co-operation from within in a way that is acceptable to the Central Asian states and big non-regional actors alike.
- Topic:
- Regional Cooperation, Bilateral Relations, Authoritarianism, Reform, and Leadership
- Political Geography:
- Russia, China, Europe, Central Asia, Asia, and Uzbekistan
23. Trade Reform and the Evolution of Agglomeration in Vietnamese Manufacturing
- Author:
- Đoàn Thi Thanh Ha and Hông Quỳnh Nguyen
- Publication Date:
- 04-2020
- Content Type:
- Working Paper
- Institution:
- Economic Research Institute for ASEAN and East Asia (ERIA)
- Abstract:
- It is well-documented that agglomeration contributes to productivity growth. However, concentrations of workers could also lead to increasing regional income disparities. Therefore, understanding the evolution of agglomeration is relevant for the formulation of industrial policy and inclusive growth. This study documents the extent, pattern, and determinants of agglomeration in Vietnamese manufacturing during 2002–2016, a period when substantial economic reform took place. Our major findings are three-fold. First, agglomeration, as measured by the Ellison–Glaeser index, has declined since the mid-2000s. Second, there exists significant sectoral heterogeneity in the level and trend of agglomeration. Third, we do not find a significant impact of trade and foreign direct investment on agglomeration per se. However, foreign direct investment in port districts does contribute to disagglomeration.
- Topic:
- International Trade and Finance, Reform, Manufacturing, and Productivity
- Political Geography:
- Asia and Vietnam
24. The Value-Added Tax Reform and Labour Market Outcomes: Firm Level Evidence from China
- Author:
- Yuxiang Yang and Hongyong Zhang
- Publication Date:
- 08-2020
- Content Type:
- Working Paper
- Institution:
- Economic Research Institute for ASEAN and East Asia (ERIA)
- Abstract:
- The tax incentives designed to stimulate firm investment may have a large impact on labour market outcomes. Using a comprehensive data set containing more than 1 million Chinese manufacturing firms during the period 2000–2013 with a difference-in-difference approach, we examine the impact of the value-added tax reform in 2004–2008 on the firm-level labour market outcomes. We find that firms in eligible industries and regions (treated firms) enjoying lower costs of purchasing fixed assets under the reform tended to increase capital investment and reduce employment relative to firms that did not have tax incentives (the control firms). Compared with the control firms, the treated firms became more capital intensive and had an increase in average wage but a decline in labour income share. We also provide evidence that the substitutions of labour input by capital input is associated with increases in firm productivity and the share of skilled workers, but not imported capital goods.
- Topic:
- Labor Issues, Reform, Tax Systems, and Labor Market
- Political Geography:
- China and Asia
25. Intergenerational Transmission of Human Capital: The Case of Thailand
- Author:
- Sasiwimon W. Paweenawat
- Publication Date:
- 12-2020
- Content Type:
- Working Paper
- Institution:
- Economic Research Institute for ASEAN and East Asia (ERIA)
- Abstract:
- This study provides evidence of intergenerational transmission of human capital in Thailand, using data from the Thailand Labor Force Survey of 1985–2017. Employing the instrumental variable approach using Thailand’s compulsory educational reform of 1978 as the instrumental variable to minimise bias caused by the endogeneity of parental education, this study estimates the effect of parental education on children’s education and their labour market outcomes. Besides reaffirming the conventional positive link between parental and children’s years of education, new and intriguing evidence is put forth on the negative link between parental education and the child’s brawn skill, based on the industry and occupation adopted by the child in the labour market. The influence of paternal education is found to outweigh that of maternal education, in contrast to the evidence from developed countries. High intergenerational educational persistence and low intergenerational mobility indicate unequal opportunities in the country, as individual welfare is largely tied to parental background. Therefore, it is recommended that the Government of Thailand weaken this linkage to improve equality in the country.
- Topic:
- Education, Reform, Children, and Parenting
- Political Geography:
- Asia and Thailand
26. The Role of France and Germany in the Euro Area Reform
- Author:
- Dimitra Tsigkou
- Publication Date:
- 12-2020
- Content Type:
- Working Paper
- Institution:
- Hellenic Foundation for European and Foreign Policy (ELIAMEP)
- Abstract:
- The bilateral cooperation between France and Germany has historically played a crucial role in the European integration process. The negotiations between the two most potent European economies have profoundly influenced both the structural arrangements of the European Monetary Union (EMU) as well as the debate on its potential reform, in light of the European sovereign debt crisis. Nonetheless, these two member states have radically different stances when it comes to the strengthening of the euro area, which are related to their divergent economic philosophies. This paper draws on insights from comparative political economy literature in order to explain how the institutional features of different varieties of capitalism have led these member states to adopt divergent growth strategies while participating in the same monetary union. In this respect, it is argued that France and Germany have put forward proposals regarding the Eurozone reform effort, which reflect their endeavor to preserve their comparative institutional advantages and, ultimately, promote their own vision on the deepening of the EMU. The original contribution of this working paper is that it presents and codifies the aforementioned proposals submitted by the European Commission as well as the political views expressed by France and Germany.
- Topic:
- Regional Cooperation, Bilateral Relations, Reform, and European Union
- Political Geography:
- Europe, France, and Germany
27. Education and wage inequalities in Greece: access to higher education and its effects on income
- Author:
- Pery Bazoti
- Publication Date:
- 02-2020
- Content Type:
- Working Paper
- Institution:
- Hellenic Foundation for European and Foreign Policy (ELIAMEP)
- Abstract:
- The educational system in Greece has always been at the center of public discourse, not only for the shortcomings of its design, but also for the quality of the education offered. In this context, during the last decades, the rise in wage inequalities had led the literature to investigate the existence of a possible causal relationship between the level of education and income inequality. The present paper by Pery Bazoti examines the relationship between tertiary education and economic inequality. Taking into consideration the fact that potential inequalities in access to education can hinder the redistributive role of education, the starting point of the study is the access to tertiary education. The design and flaws of the Greek education system prevent university candidates from equal opportunities since the entrance to tertiary education institutions relies heavily on the economic background of their families. The economic crisis highlighted these inequalities mainly through the decline of the disposable household income and exacerbated the already crippled abilities of the education system due to the extensive cuts that took place during this time. Nevertheless, the data reveals that private expenditure -typically related to students’ preparation for exams for entrance into university, despite its decrease, continues to have the larger share of the households’ education budget.
- Topic:
- Education, Reform, Inequality, and Public Policy
- Political Geography:
- Europe and Greece
28. Doing business the right way: Pushing for green and social corporate governance
- Author:
- Sofia López Piqueres
- Publication Date:
- 05-2020
- Content Type:
- Policy Brief
- Institution:
- European Policy Centre
- Abstract:
- Reforms to corporate governance and EU company law could support the Union’s recovery efforts and promote a sustainable economy at the same time. This Policy Brief assesses two instruments in the EU corporate governance toolbox: the Non-Financial Reporting Directive (NFRD), which requires large companies to disclose information about how they are run and how their activities impact the environment and human rights, and the Shareholder Rights Directive II (SRDII), which aims to strengthen the position of shareholders and reduce short-termism and excessive risk-taking by companies. It also covers the principle of shareholder primacy – the idea that shareholder interests should take precedence over all else – and executive remuneration.
- Topic:
- Governance, Law, Reform, European Union, Business, and Sustainability
- Political Geography:
- Europe
29. Minimum wage and the EU: Happily ever after?
- Author:
- Claire Dhéret and Mihai Palimariciuc
- Publication Date:
- 05-2020
- Content Type:
- Working Paper
- Institution:
- European Policy Centre
- Abstract:
- Once deemed a pipe dream, a concrete plan for a European framework on minimum wages might finally be in the cards. The framework will have to be ambitious enough to deliver progress for low-wage workers, but also flexible enough to accommodate the very diverse wage-setting regimes present across the EU. On top of that, the Commission must deal with the opposition to EU interventions in determining wages, and convince sceptics of the economic, social and political benefits of having a European framework. The Commission should, therefore, strive for (i) the creation of an egalitarian wage structure that supports decent living standards; and (ii) building broad political consensus.
- Topic:
- Labor Issues, Reform, European Union, and Minimum Wage
- Political Geography:
- Europe
30. Comprehensive, Contentious, Convulsive, and Continuing: Some Observations on the 2010–2020 Arab Uprisings
- Author:
- Rami G. Khouri
- Publication Date:
- 01-2020
- Content Type:
- Journal Article
- Journal:
- Harvard Journal of Middle Eastern Politics and Policy
- Institution:
- The John F. Kennedy School of Government at Harvard University
- Abstract:
- The grievances that exploded all over the Arab region between 2010 and 2020 are historic in so many ways that it is hard to know where to start understanding them. Scholars should avoid a single-focus analysis and instead grasp why the protests across nearly a dozen countries have addressed almost every dimension of material, political, and psychological life. Four key factors that converge, though, should take priority in any assessment of what this decade means for the Arab region: (1) the expanding range of rights, denials, and grievances that citizens raise; (2) the fact that Arabs have unsuccessfully tried to redress these grievances since the 1970s without receiving any serious responses from their states; (3) the demands today to go well beyond reforms in individual policies and instead totally overhaul the governance systems and throw out the ruling elites; and, (4) the simultaneous uprisings across much of the Arab region, revealing the common suffering of citizens and the incompetence of governments in about a dozen states at least. In short, the deterioration of the quality of citizenship and the dilapidated state of public services and governance have reached such a severe condition that they have caused mass eruptions by citizens in multiple lands to redress these stressful and often dehumanizing realities.
- Topic:
- Human Rights, Social Movement, Reform, Citizenship, Arab Spring, History, and Accountability
- Political Geography:
- Middle East and North Africa