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2432. Making Choices: Prospects for a Canada-EU Free Trade Agreement.
- Author:
- Joseph Blomeley
- Publication Date:
- 05-2010
- Content Type:
- Journal Article
- Journal:
- Woodrow Wilson School Journal of Public and International Affairs
- Institution:
- Woodrow Wilson School of Public and International Affairs, Princeton University
- Abstract:
- With a population of over 500 million, the European Union (EU) is Canada's second-largest trading partner. In 2006, two-way merchandise trade between Canada and the EU was approximately $78 billion and two-way investment reached $263 billion. While these figures are far from marginal, they pale in comparison to the $626 billion in two-way merchandise trade and $497 billion in two-way investment with the United States. In light of these numbers, analysts have argued that there is room for improvement in the economic relationship between Canada and the EU. They believe that the relationship has been significantly under-traded and under-valued. In an attempt to bolster this claim, a Canada-EU Joint Trade Study commissioned by the European Commission and the Government of Canada (GoC) recently noted that Canada is the EU's 11th-largest merchandise trading partner, with only 1.8 percent of external EU trade in this category (GoC, 2008). In light of the financial crisis in the United States, discussions to revive talks of a Canada-EU Free Trade Agreement (FTA) have begun to garner attention.
- Topic:
- Economics, Government, and Financial Crisis
- Political Geography:
- United States, Europe, and Canada
2433. Improving International Policy Coordination in the Wake of the Financial Crisis.
- Author:
- Jonathan Burks
- Publication Date:
- 05-2010
- Content Type:
- Journal Article
- Journal:
- Woodrow Wilson School Journal of Public and International Affairs
- Institution:
- Woodrow Wilson School of Public and International Affairs, Princeton University
- Abstract:
- The on going financial crisis has exposed the weaknesses of the risk management practices pervasive in the financial industry and the limitations of a domestic regulatory structure that fails to provide any federal regulator with the responsibility and authority to comprehensively oversee the financial system. Of course these problems have not been limited to the United States, as banks based abroad, like UBS, and economies around the world have also been shaken by the crisis. The crisis has also exposed the shortcomings of the international regime for economic and financial policy coordination.
- Topic:
- Economics and Financial Crisis
- Political Geography:
- United States
2434. The financial crisis and lower income countries: A preliminary synthesis of findings on impacts, responses and lessons
- Author:
- Sam Jones
- Publication Date:
- 11-2010
- Content Type:
- Working Paper
- Institution:
- Danish Institute for International Studies
- Abstract:
- This paper synthesizes findings from a range of studies presented at a recent conference on the financial crisis held at the Danish Institute for International Studies (DIIS). Focusing on low and lower-middle income countries, the studies explore the impacts, responses and initial lessons of the crisis. The complex and diverse nature of these impacts at both the aggregate and household levels are highlighted, as is the need to reconsider conventional policy advice. Considerations for future research directions are also presented.
- Topic:
- Economics, Third World, Global Recession, and Financial Crisis
2435. Iran's Youth, The Unintended Victims of Sanctions
- Author:
- Djavad Salehi-Isfahani
- Publication Date:
- 08-2010
- Content Type:
- Policy Brief
- Institution:
- Belfer Center for Science and International Affairs, Harvard University
- Abstract:
- The effect of the international sanctions on Iran is to deepen its current economic recession and make recovery very difficult if not impossible. In doing so, it will inflict pain on the general population. By prolonging the recession, the sanctions will hurt Iran's youth (15-29 year olds) particularly harshly, as they will bear the brunt of the resulting unemployment. They account for 70 percent of unemployment, and any improvement in their condition depends on economic recovery.
- Topic:
- Economics and Sanctions
- Political Geography:
- United States and Iran
2436. Address by Howard Davies, Director, London School of Economics
- Author:
- Howard Davies
- Publication Date:
- 10-2010
- Content Type:
- Video
- Institution:
- Columbia University World Leaders Forum
- Abstract:
- This World Leaders Forum program features an address by Howard Davies, Director of the London School of Economics, who will discuss his book titled, Banking on the Future: The Fall and Rise of Central Banking.
- Topic:
- Debt, Economics, Markets, and Monetary Policy
- Political Geography:
- London
2437. Learning from Dependency and World System Theory : Explaining Europe's Failure in the 'Lisbon Process'
- Author:
- Almas Heshmati and Arno Tausch
- Publication Date:
- 11-2010
- Content Type:
- Journal Article
- Journal:
- Alternatives: Turkish Journal of International Relations
- Institution:
- Center for International Conflict Resolution at Yalova University
- Abstract:
- The current paper investigates the cross-national relevance of Latin American 'dependencia theory' for five dimensions of development (democracy and human rights, environment, human development and basic human needs satisfaction, gender justice, redistribution, growth and employment) on a global scale and tries to confront the very basic pro-globalist assumptions of the 'Lisbon process', the predecessor of the ongoing EU-2020 strategy, which was the policy target of the European leaders since the EU's Lisbon Council meeting in March 2000 to make Europe the leading knowledge-based economy in the world with a 'Latin American perspective'. A realistic and politically useful analysis of the 'Lisbon process' has to be a 'Schumpeterian' approach. First, we analyze the 'Lisbon performance' of the world economy by multivariate, quantitative means, looking into the possible contradictions that might exists between the dependent insertion into the global economy and other goals of the 'Lisbon process'. Dependency from the large, transnational corporations, as correctly predicted by Latin American social science of the 1960s and 1970s, emerges as one of the most serious development blockades, confronting Europe. Secondly, we analyze European regional performance since the 1990s in order to know whether growth and development in Europe spread evenly among the different regions of the continent. It emerges that dependency from the large transnational corporations is incompatible with a balanced, regional development. Finally, we discuss cross-national and historical lessons learned from the views of dependency and Schumpeterian perspectives for current policy-making in Europe, and opt for an industrial policy approach in the tradition of former EU-Commission President (1985-1995) Jacques Delors.
- Topic:
- Economics
- Political Geography:
- Europe and Latin America
2438. European and Asian regionalism: Form and function
- Author:
- Philomena Murray and Nicholas Rees
- Publication Date:
- 05-2010
- Content Type:
- Journal Article
- Journal:
- International Politics
- Institution:
- Palgrave Macmillan
- Abstract:
- In investigating the relationship of the European Union (EU) and the East Asian region, and the comparisons of these two regions, this special issue on European and Asian Regionalism: Function and Form brings together a collection of articles that contributes to an understanding of these regions – and regional bodies – in an interdisciplinary and comprehensive manner. They contribute to our understanding of the EU as a political, economic! and security actor with civil society dimensions, and a clear regional integration agenda and that agenda's influence on East Asia. They further deepen our understanding of East Asian developments in regionalism. Much more than a simple examination of EU–Asia relations, this special edition critically examines the proposal that the EU may constitute a paradigm for East Asian regionalism. Among other things, it looks at EU–Asia links in the Asia Europe Meetings (ASEM) and role of formal and informal integration and networks within the East Asian region; the new wave of regionalism in Asia in the aftermath of the Asian Currency Crisis of 1997–1998; and the role of institutions and of state and non-state actors.
- Topic:
- Economics
- Political Geography:
- Europe and Asia
2439. Meaningful Technology Tranfer for Climate Disruption
- Author:
- David M. Driesen and David Popp
- Publication Date:
- 09-2010
- Content Type:
- Journal Article
- Journal:
- Journal of International Affairs
- Institution:
- School of International and Public Affairs, Columbia University
- Abstract:
- Any serious effort to address global climate disruption will require effective technology transfer. Developing countries with growing emissions must somehow make emission reductions without curtailing the economic development needed to alleviate poverty. This must be done in order to permit global abatement on the scale required to avoid dangerous climate disruption. Given the limited financial and technical capabilities of developing countries, this task seems impossible without technology transfer. As policymakers continue to embrace and enhance technology transfer options, it is critical to understand the relationship between technology transfer and policy development in order to formulate more effective policies. Whether through market mechanisms, such as the Clean Development Mechanism (CDM), or direct aid programs, such as the Green Climate Fund, we argue that technology transfer programs must support the elaboration of policies in developing countries by addressing three key issues: additionality, appropriate scale and the promotion of knowledge spillovers. We use these three principles to provide a framework for assessing the potential of both the CDM and direct financial aid to foster meaningful technology transfer, which we define as technology transfer that not only lowers the overall short-run costs of carbon reductions, but also enhances the capacity of these countries to address climate change more thoroughly in the future.
- Topic:
- Climate Change and Economics
2440. The Copyright Dilemma: Copyright Systems, Innovation and Economic Development
- Author:
- Walter G. Park
- Publication Date:
- 09-2010
- Content Type:
- Journal Article
- Journal:
- Journal of International Affairs
- Institution:
- School of International and Public Affairs, Columbia University
- Abstract:
- This paper discusses the potential role of copyright laws in technological and economic development. Although it is more common to think of the patent system as a source of economic and technological development, copyright laws and regulations affect cultural industries such as art, films, music and literature. These industries comprise an important part of gross domestic product and are a source of employment and income opportunities. Copyright regimes also affect education and scientific research through their impacts on the diffusion of knowledge embodied in copyright media, such as print and Internet publications, software and databases, among others. The copyright system can thus have an important influence on human capital accumulation. This paper surveys some of the theoretical and empirical work to date, assesses the implications of the findings for developing economies and identifies some areas where further research is needed.
- Topic:
- Economics and Education