Number of results to display per page
Search Results
3952. Foreign Direct Investment: Key Issues for Promotion Agencies
- Author:
- Sergey Filippov, Iornara Costa, and Mariana Zanatta
- Publication Date:
- 10-2006
- Content Type:
- Policy Brief
- Institution:
- United Nations University
- Abstract:
- The growing importance attached to attracting foreign direct investment (FDI) is evidenced by the steady rise of investment promotion agencies (IPAs) worldwide, especially from the early 1990s. Since its launch in 1995, the World Association of Investment Promotion Agencies (WAIPA) has registered a growing number of members representing cities, regions, countries and free zones from all over the world: from 112 in 2002, 161 in 2004, rising to 191 members from 149 countries in 2006. According to the United Nations Conference on Trade and Development (UNCTAD) there were around 500 IPAs in more than 160 countries in 2004.
- Topic:
- Foreign Policy, Development, Economics, and International Trade and Finance
- Political Geography:
- United Nations
3953. Mobilizing Talent for Global Development
- Author:
- Andrs Solimano
- Publication Date:
- 08-2006
- Content Type:
- Policy Brief
- Institution:
- United Nations University
- Abstract:
- The generation of new ideas and their application for productive uses is an important engine for growth and development. This is an area in which developing countries usually lag behind developed countries and is where development gaps are more evident. Behind the generation of ideas, innovations, and new technologies there is 'human talent': an inner capacity of individuals to develop ideas and objects, some of them with a high economic value. The 'human factor' is critical to the success or failure of many endeavours. Several countries, particularly China and India, followed by Russia, Poland, and some Latin American countries, are becoming an important source of talented people with PhDs and degrees in science, engineering, and other areas that can lead to change in the international patterns of comparative advantages and reduce development gaps. Part of the new talent formed in developing countries goes to live and work to developed countries, typically the USA, UK, and other OECD nations. At the same time multinational corporations are outsourcing several of their productive and service activities, including research and development, to developing countries (China and India are main destinations) to take advantage of the (less expensive) talent being developed there. Today, therefore, we see a double movement of talent and capital around the globe: on the one hand talent from developing countries is moving north seeking better opportunities where people are equipped with more capital, technologies, and effective organizations. On the hand capital from the north pursues talent in the south; a process largely led by multinational corporations.
- Topic:
- Development, Economics, Human Welfare, and Migration
- Political Geography:
- United States, China, United Kingdom, and India
3954. Fiscal Policy for Poverty Reduction, Reconstruction, and Growth
- Author:
- Matthew Smith, Alan Roe, and Tony Addison
- Publication Date:
- 06-2006
- Content Type:
- Policy Brief
- Institution:
- United Nations University
- Abstract:
- An effective state is able to mobilize revenue and spend it on infrastructure, services, and public goods that both enhance human capital and the well-being of communities (especially the poor), as well as stimulating investment and employment creation by the private sector. An effective state also manages public finance to ensure that macroeconomic balance is maintained—with policy neither too restrictive to discourage private investment and growth, nor too accommodative to create high inflation and crowd out private investment. Fiscal issues are therefore at the heart of the state's role in the development process and failure in this policy area—whether it is in taxation, public expenditures, or in managing the fiscal deficit and public debt—can quickly undermine growth and poverty reduction. Fiscal weakness can also be fatal to social peace when one or more ethnic, religious, or regional groups are taxed unfairly—or receives too little in the allocation of public spending.
- Topic:
- Debt, Development, Economics, and Poverty
- Political Geography:
- Africa and Asia
3955. Open Source and Open Standards: A New Frontier for Economic Development?
- Author:
- Philip Schmidt and Rishab Aiyer Ghosh
- Publication Date:
- 03-2006
- Content Type:
- Policy Brief
- Institution:
- United Nations University
- Abstract:
- Free software (also called open source software or libre software) has become one of the most talked about phenomena in the ICT world in recent years. This is remarkable, not only for the usual reasons—that open source has been around for many years as a volunteer driven success story before being discovered by big business and now government— but also because it has largely developed quietly on its own without the headline coverage and glare of international attention that it now receives.
- Topic:
- Development, Economics, Science and Technology, and Third World
- Political Geography:
- United States
3956. Trade Policy Lobbying in the European Union: Who Captures Whom?
- Author:
- Cornelia Woll
- Publication Date:
- 10-2006
- Content Type:
- Working Paper
- Institution:
- Max Planck Institute for the Study of Societies
- Abstract:
- What role do firms play in the making of EU trade policy? This article surveys the policy domain and lays out the instruments firms can employ to influence decisions on trade. It underlines that European trade policy is characterized by a high degree of institutional complexity, which firms have to manage in order to be successful. In particular, the European Commission works intensively to solicit business input in order to gain bargaining leverage vis-á-vis third countries and the EU member states. This reverse lobbying creates a two-channel logic of trade policy lobbying in the EU. Corporate actors have a very good chance of working closely with the European Commission if they can propose pan-European trade policy solutions. This can be either trade liberalization or EU-wide regulatory restrictions on trade. Demands for traditional protectionist measures, especially those that reveal national interest divergences, are difficult to defend at the supranational level. Protectionist lobbying therefore goes through the national route, with corporate actors working to block liberalization by affecting the consensus in the Council of Ministers. The chapter illustrates this two-channel logic by studying business—government interactions in agricultural trade, textiles and clothing, financial services, and telecommunication services.
- Topic:
- Economics, Government, and Political Economy
- Political Geography:
- Europe
3957. The Politics of Tax Structure
- Author:
- Steffen Ganghof
- Publication Date:
- 01-2006
- Content Type:
- Working Paper
- Institution:
- Max Planck Institute for the Study of Societies
- Abstract:
- Governments that wish to redistribute through budgetary policy do so mostly on the spending side, not on the taxation side of the budget. The taxation side is nevertheless important, partly because less efficient tax structures seem to be associated with lower taxation and spending levels. Hence political conflicts over spending levels may partly be fought as conflicts over tax structure. The paper provides a coherent perspective on the politics of tax structure. Specific topics include the (ir-)relevance of tax mixes, policy change in income taxation, the importance of tax competition, and the role of political institutions.
- Topic:
- Development, Economics, Government, and Political Economy
3958. Managing Natural Resource Wealth
- Author:
- Jill Shankleman
- Publication Date:
- 08-2006
- Content Type:
- Working Paper
- Institution:
- United States Institute of Peace
- Abstract:
- This report analyzes the particular challenges of stabilization and reconstruction missions in countries rich in hydrocarbons and minerals and provides lessons learned from the recent experience of such countries as Iraq, Sudan, Angola, Liberia, and Afghanistan. It offers recommendations for the U.S. government and others involved in natural resource–rich countries emerging from conflict and also to the extractive industry companies and banking sectors––that play a critical role in these states. War-torn countries rich in hydrocarbons and minerals face particular problems in the stabilization and reconstruction of their states despite the apparent promise that natural resource wealth holds. Unless deliberate efforts are made to avoid the “resource curses”—corruption, economic instability, conflict over the distribution of resource wealth and control of resource–rich areas—these curses will undermine peace building. Elite groups who receive royalties and taxes paid by extractive industry companies have shown themselves consistently resistant to democratization. Control over natural resources is fundamental to sovereignty. Ultimately, it is the governments and people of resource–rich countries who must put in place the systems that enable resource wealth to support stability and development However, through early and consistent action, the international community can play an important role in helping resource–rich states emerging from conflict manage the wealth that accrues from these resources, and can make proper wealth management a condition for donor assistance. It is essential that international missions and indigenous transitional governments immediately secure effective control of natural resource wealth (physical and monetary) and establish the laws, institutions, and capacity to manage that wealth transparently, accountably, and in ways that support reconstruction. Achieving these goals requires prior planning by relevant U.S. agencies, a willingness to confront vested interests, a consistent approach from the international community and donors, the involvement of civil society, and the deployment of human resources, such as forensic accountants able to “follow the money,” as part of the mission staff. To be successful, the extractive industries and their bankers, the international financial institutions, and non-governmental organizations (NGOs) must be brought into this process
- Topic:
- Development, Economics, and Environment
- Political Geography:
- Afghanistan, United States, Iraq, Sudan, Middle East, Liberia, and Angola
3959. The Rise of Islamist Militancy in Bangladesh
- Author:
- Sumit Ganguly
- Publication Date:
- 08-2006
- Content Type:
- Working Paper
- Institution:
- United States Institute of Peace
- Abstract:
- Bangladesh has generally been heralded as a stable, democratic Muslim state that has made great strides in economic and human development. Following the restoration of democracy in 1990, it carried out three largely free and fair general elections in 1991, 1996, and 2001. Since 1999, attacks by Islamist militants have been increasing. They have targeted opposition politicians, scholars, journalists, members of the judiciary, religious minorities, and members of the Islamic Ahmadiyya sect. Recent years have seen a deepening crisis in governance with continued politicization of civil society, deterioration of judicial independence, and diminishing rule of law and respect for human rights. Until very recently, the ruling coalition of Prime Minister Khaleda Zia (backed by two Islamist parties) denied the existence of Islamist militancy in Bangladesh, dismissing these charges as “hostile propaganda,” designed to besmirch the country's reputation. Following a countryside terrorist attack in August 2005 and recent suicide bombings, the government has begun cracking down on selected individuals. Indian observers and policymakers are concerned about the activities of Bangladeshi Islamists. They accuse Dhaka of exacerbating the ongoing insurgencies in India's Northeast by turning a blind eye to growing illegal immigration. They also contend that Bangladesh is cooperating with Pakistan to target India. In light of these developments, questions persist about the government's dedication to respond decisively to Islamist terrorism, conduct free and fair elections in 2007, and address the deterioration in the rule of law and respect for human rights. Because of Bangladesh's regional importance and the implications of internal security developments, the United States has limited policy options to promote its regional goals and ensure democratic elections.
- Topic:
- Development, Economics, Human Welfare, and Religion
- Political Geography:
- Bangladesh and United States
3960. Off-Shoring: How Big Is It?
- Publication Date:
- 10-2006
- Content Type:
- Working Paper
- Institution:
- The National Academy of Public Administration
- Abstract:
- This is the second of three Academy Panel reports providing a comprehensive review of services off-shoring. It is in response to direction from the House Appropriations Subcommittee on Science, State, Commerce and Justice with funding provided by the U.S. Department of Commerce's Bureau of Economic Analysis (BEA). This report focuses primarily on two questions: 1. What do currently available data indicate about the extent of U.S. services off-shoring? 2. What additional data are needed to provide a more complete assessment of U.S. services off-shoring?
- Topic:
- Economics, International Trade and Finance, and Labor Issues
- Political Geography:
- United States