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361. Savings by and for the Poor: A Research Review and Agenda

Author:
Dean Karlan, Jonathan Zinman, and Aishwarya Lakshmi Ratan
Publication Date:
11-2013
Content Type:
Working Paper
Institution:
Center for Global Development (CGD)
Abstract:
The poor can and do save, but often use formal or informal instruments that have high risk, high cost, and limited functionality. This could lead to undersaving compared to a world without market or behavioral frictions. Undersaving can have important welfare consequences: variable consumption, low resilience to shocks, and foregone profitable investments.
Topic:
Development, Economics, Globalization, International Trade and Finance, Markets, Poverty, and Financial Crisis

362. Recalibrating CSDP - NATO Relations: The Real Pivot

Author:
Jo Coelmont and Maurice de Langlois
Publication Date:
06-2013
Content Type:
Policy Brief
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
Are long-standing allies drifting apart? In the US, struggling with budget deficits, questions such as “Is current US security strategy not stimulating free-riding by allies and friends?”, or “NATO: what is in it for us? “, and even “Should the US not withdraw from NATO's military command structure?”1, are more than ever coming to the fore. In Europe on the other hand, even if some worry about the effects of the “the US pivot to Asia”, many are still looking to the US to take ultimate responsibility for crisis management operations. The effect of the post-Iraq/post-Afghanistan context in the US and the real meaning of “leadership from behind” are not that well understood in Europe. The message that at times it will be up to Europeans to take responsibility has not come across. Consequently, so far Europeans have not achieved more coherence in defence capabilities, let alone more integration – barely some limited cooperation and minimal savings. Persistent shortfalls in military capabilities are not being met, quite the contrary.
Topic:
Conflict Prevention, NATO, Globalization, International Cooperation, International Security, and Power Politics
Political Geography:
Afghanistan, Iraq, Europe, and Asia

363. A European Global Security Strategy: Offering Seven - League Boots to Become a Global Actor

Author:
Jo Coelmont
Publication Date:
03-2013
Content Type:
Policy Brief
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
This paper will argue that the objective should be to pave the way for political discussions at the highest level and eventually the adoption by the European Council of a global security strategy. It is labelled “global” to indicate that this strategy is not only dealing with the EU's Foreign, Security, and Defence Policies , CFSP and CSDP sensu stricto , but is to encapsulate all security aspects related to EU external action. In other words, a European Global Security Strategy (EGSS) should be aimed at.
Topic:
Defense Policy, Globalization, Regional Cooperation, and Treaties and Agreements
Political Geography:
Europe

364. Crucial Collaborators or Petty Players? The Globalization of R and the Rise of China and India

Author:
Andrew B. Kennedy
Publication Date:
11-2013
Content Type:
Research Paper
Institution:
Center for the Advanced Study of India
Abstract:
In recent decades, research and development has become a key new arena of globalization. Whereas multinational corporations once conducted R primarily in their home countries, it is now often dispersed across multiple locations around the world. Has this process transformed economic ties between the world's dominant state and its would-be rising powers in ways that imply an important power shift? Focusing on China and India's growing collaboration with the U.S., this paper argues that it has not. China and India remain considerably more reliant on the globalization of R than the U.S. does, and this remains a potential source of leverage for Washington. This vulnerability mainly reflects the fact that U.S. R investments in China and India are far more important for these two Asian countries than they are for the U.S. These investments loom larger in the Chinese and Indian innovation systems than they do in their American counterpart, and it is difficult to imagine any country substituting for the U.S. in this regard. In contrast, the U.S. cannot derive a great deal of leverage as a platform for R Both China and India are considerably less dependent on the U.S. in this respect.
Topic:
Development, Economics, Globalization, International Trade and Finance, and Markets
Political Geography:
United States, China, and India

365. His Excellency Christopher Jorebon Loeak, President of the Republic of the Marshall Islands

Author:
Jorebon Loeak
Publication Date:
09-2013
Content Type:
Video
Institution:
Columbia University World Leaders Forum
Abstract:
This World Leaders Forum program features an address by His Excellency Christopher Jorebon Loeak, President of the Republic of the Marshall Islands, titled Marshalling Climate Leadership, followed by a question and answer session with the audience.
Topic:
Democratization, Development, Economics, Globalization, and Political Economy
Political Geography:
Asia, Australia/Pacific, and Island

366. Hooray for Global Justice? Emerging Democracies in a Multipolar World

Author:
Julian Culp and Johannes Plagemann
Publication Date:
12-2013
Content Type:
Working Paper
Institution:
German Institute of Global and Area Studies
Abstract:
Rising powers are fundamentally shifting the relations of power in the global economic and political landscape. International political theory, however, has so far failed to evaluate this nascent multipolarity. This article fills this lacuna by synthesizing empirical and normative modes of inquiry. It examines the transformation of sovereignty exercised by emerging democracies and shows that – in stark contrast to emerging democracies' foreign policy rhetoric – the "softening" of sovereignty has become the norm. The present paper assesses this softening of sovereignty on the basis of a "democratic-internationalist" conception of global justice. This conception holds that global justice demands the establishment of reasonably democratic transnational relations that enable people themselves to determine what else justice requires. Because we find that the exercise of soft sovereignty by emerging democracies contributes to the realization of reasonably democratic transnational relations, we conclude that this nascent multipolarity ought to be welcomed from the democratic-internationalist view of global justice.
Topic:
Democratization, Development, Economics, Emerging Markets, Globalization, and Sovereignty
Political Geography:
Brazil

367. The Hyperglobalization of Trade and Its Future

Author:
Arvind Subramanian and Martin Kessler
Publication Date:
07-2013
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics (PIIE)
Abstract:
This paper describes seven salient features of trade integration in the 21st century: Trade integration has been more rapid than ever (hyperglobalization); it is dematerialized, with the growing importance of services trade; it is democratic, because openness has been embraced widely; it is criss-crossing because similar goods and investment flows now go from South to North as well as the reverse; it has witnessed the emergence of a mega-trader (China), the first since Imperial Britain; it has involved the proliferation of regional and preferential trade agreements and is on the cusp of mega-regionalism as the world's largest traders pursue such agreements with each other; and it is impeded by the continued existence of high barriers to trade in services. Going forward, the trading system will have to tackle three fundamental challenges: In developed countries, the domestic support for globalization needs to be sustained in the face of economic weakness and the reduced ability to maintain social insurance mechanisms. Second, China has become the world's largest trader and a major beneficiary of the current rules of the game. It will be called upon to shoulder more of the responsibilities of maintaining an open system. The third challenge will be to prevent the rise of mega-regionalism from leading to discrimination and becoming a source of trade conflicts. We suggest a way forward—including new areas of cooperation such as taxes—to maintain the open multilateral trading system and ensure that it benefits all countries.
Topic:
Economics, Emerging Markets, Globalization, and International Trade and Finance
Political Geography:
Europe, Asia, and North America

368. Revitalizing the Legacy Cities of Upstate New York

Publication Date:
01-2013
Content Type:
Working Paper
Institution:
American Assembly at Columbia University
Abstract:
Upstate legacy cities, once vibrant hubs for business and industry, education, culture, and community life, face daunting challenges as they strive to reposition themselves for an economy fueled not by the industrial manufacturing needs of past generations but increasingly by technological advancements, highly educated workers, global markets, and a spirit of innovation.
Topic:
Development, Economics, Globalization, Governance, and Urbanization
Political Geography:
United States and New York

369. The International Criminal Court and the Fight Against Impunity for Atrocity Crimes

Author:
Sang-Hyun Song
Publication Date:
02-2013
Content Type:
Video
Institution:
Columbia University World Leaders Forum
Abstract:
This World Leaders Forum program features an address by Judge Sang-Hyun Song, President of the International Criminal Court, titled The International Criminal Court and the Fight Against Impunity for Atrocity Crimes, followed by a question and answer session with the audience.
Topic:
Crime, Genocide, Globalization, Human Rights, International Law, International Organization, and Governance

370. EU investment agreements and the search for a new balance: A paradigm shift from laissez-faireliberalism toward embedded liberalism?

Author:
Catharine Titi
Publication Date:
01-2013
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
In July 2012, in an internal document, the European Commission's Directorate-General for Trade suggested that future EU investment agreement s (EUIAs) should incorporate regulatory flexibility in the same way in which EU free trade agreements (FTAs) safeguard parties' policy space. Since it is expected that a number of treaties on the EU's negotiating agenda will be concluded in the near future, and given the policy shift that has already taken place in Canada and the US, it is time to start thinking about a new balance in a move away from investment treaties' traditional laissez-faire liberalism toward WTO law's embedded liberalism, a model whereby liberalization is embedded within a wider framework that enables public regulation in the interest of domestic stability.
Topic:
Economics, Globalization, International Trade and Finance, World Trade Organization, and Foreign Direct Investment
Political Geography:
Europe and Canada