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651. Resources, Rules and International Political Economy: The Politics of Development in the WTO

Author:
Kenneth C. Shadlen
Publication Date:
01-2009
Content Type:
Working Paper
Institution:
Global Development and Environment Institute at Tufts University
Abstract:
This paper examines the contemporary politics of intellectual property (IP) and investment in the World Trade Organization (WTO). I examine the underlying and perennial conflicts that pit developing and developed countries against each other in these two areas and the nature of the two agreements reached during the Uruguay Round, the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) and the Agreement on Trade-Related Investment Measures (TRIMS). I then analyze developed countries' efforts to push beyond the TRIPS and TRIMS agreements, and, critically, developing countries' success in forestalling these efforts. Developing countries have “prevailed” in the current international conflicts over IP and investment not by securing rules that they desire, but rather by preventing the imposition of arrangements that they regard as worse than the WTO status quo.
Topic:
Development, Economics, Globalization, International Political Economy, and International Trade and Finance

652. Good Governance. Ein universelles Leitbild von Staatlichkeit und Entwicklung?

Author:
Franz Nuscheler
Publication Date:
01-2009
Content Type:
Working Paper
Institution:
Institute for Development and Peace
Abstract:
The World Bank blamed a „crisis of governance“ for the increasingly challenged success of international development cooperation, in particular in Sub‐Sahara Africa. After development cooperation got rid of the burden of the Cold War the international donor community consequently made Good Governance (i.e. rule of law, respect for basic human rights, fighting corruption) a precondition for effective development cooperation. At the same time economic and development theory underwent a change of paradigm beyond the neoliberal Washington Consensus taking up the insight of institutional economics: Institutions matter. Good Governance became the universal model for efficient government and development. This normative model was not spared ideological criticism, because it was suspected of paving, the way for Western concepts of „Good Governance” by means of external subsidies and political conditionalities. What proved to be much more difficult were the problems with promoting the establishment of democratic structures from outside, especially in fragile states.
Topic:
Cold War, Globalization, Government, International Cooperation, and International Organization
Political Geography:
Africa

653. The Global Consequences of the Crisis, Session One in the Stephen C. Freidheim Symposium on Global Economics on Financial Turbulence and U.S. Power

Author:
Joseph S. Nye Jr and Philip D. Zelikow
Publication Date:
05-2009
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Stephen C. Freidheim Symposium on Global Economics Transcript: Joseph Nye, Philip Zelikow, Sebastian Mallaby, and Richard Medley discuss the global consequences of the financial crisis This session was part of the Stephen C. Freidheim Symposium on Global Economics: Financial Turbulence and U.S. Power, which was made possible through the generous support of Stephen C. Freidheim.
Topic:
Foreign Policy, Economics, Globalization, and Political Economy
Political Geography:
United States

654. The National Interest and the Law of the Sea

Author:
Scott G. Borgerson
Publication Date:
05-2009
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
The 1982 Convention on the Law of the Sea—the instrument that created the overarching governance framework for nearly three-quarters of the earth's surface and what lies above and beneath it—has been signed and ratified by 156 countries and the European Community, but not by the United States. The Law of the Sea Convention, with annexes (hereafter in this report referred to as the “convention”), and the 1994 agreement on its implementation have been in force for more than a decade, but while the United States treats most parts of the convention as customary international law, it remains among only a handful of countries—and one of an even smaller number with coastlines, including Syria, North Korea, and Iran—to have signed but not yet acceded to the treaty.
Topic:
Economics, Globalization, International Law, International Trade and Finance, International Affairs, and Maritime Commerce
Political Geography:
United States, North Korea, and Syria

655. Latin America and the Global Economic Crisis

Publication Date:
03-2009
Content Type:
Working Paper
Institution:
Oxfam Publishing
Abstract:
An overview of the region up to 30 January 2009 by the UN Economic Commission for Latin America and the Caribbean (cepal) argues that the larger economies have been more directly affected by the global economic crisis (because in general they are more integrated with the global markets, especially finance), but are also better equipped to respond to it. In particular, Cepal sees South America as diverging from Central America and the Caribbean, which seem to be both less resilient in terms of their economies, and more exposed to the slump in the USA. They are being driven back to aid as the last/only resort. Mexico is in a category of its own, the most exposed to the US downturn, but as a large economy and an oil exporter, better placed to withstand the downturn than its Caribbean basin neighbours.
Topic:
Economics, Globalization, and International Political Economy
Political Geography:
South America, Latin America, and Caribbean

656. Paying the Price for the Economic Crisis

Author:
Bethan Emmett
Publication Date:
03-2009
Content Type:
Working Paper
Institution:
Oxfam Publishing
Abstract:
New research by Oxfam International uncovers a hidden aspect of the global economic crisis – its impact on women workers in developing countries. Preliminary findings from Oxfam's research with women in global supply chains shows that the crisis is having a devastating impact on their livelihoods, their rights, and their families. Women are often first to be laid off, with employers leaving pay outstanding and evading legal obligations to give notice and pay compensation, and governments turning a blind eye, with devastating knock-on effects. Last year, women's wages were putting food on the table and children through school in millions of families. Now, the lives of women who were already suffering from poor labour conditions have become even more precarious.
Topic:
Economics, Gender Issues, Globalization, Political Economy, and Labor Issues

657. What Happened at the G20? Initial Analysis of the London Summit

Publication Date:
04-2009
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
G20 leaders met for the second time in London on 2 April, as the global economic crisis began to crash across the borders of poor countries with ever-greater severity. Oxfam's research shows rising human impacts in the shape of job losses, falling remittances to the families of migrant workers and a particularly severe impact on women workers in global supply chains. Based on the latest forecasts, published on the eve of the summit, Oxfam estimates that the crisis could push 100 million people into poverty in 2009 alone.
Topic:
Economics, Gender Issues, Globalization, International Organization, Poverty, and Labor Issues
Political Geography:
London

658. Close to Home: UK poverty and the economic downturn

Publication Date:
04-2009
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
The major social policy challenge of the current economic recession is how to prevent a precipitous rise in poverty in the UK. In addition to limiting the numbers of people plunged into poverty because of the recession, government must also mitigate the impact on people already living below the poverty line. But, this paper will argue, response s to the recession present an opportunity to make a step-change, ensuring that actions taken also help build a fairer, more sustainable society in which poverty is ended in the long-term.
Topic:
Economics, Globalization, Poverty, and Labor Issues
Political Geography:
Europe

659. The Right to Survive in a Changing Climate

Author:
Robert Bailey
Publication Date:
04-2009
Content Type:
Working Paper
Institution:
Oxfam Publishing
Abstract:
Driven by upward trends in the number of climate - related disasters and human vulnerability to them, by 2015 the average number of people affected each year by climate-related disasters could increase by over 50 percent to 375 million. This figure will continue to rise as climate change gathers pace – increasing the frequency and/or severity of such events – and poverty and inequality force ever more people to live in high -risk places, such as flood plains, steep hillsides and urban slums, while depriving them of the means to cope with disaster.
Topic:
Climate Change, Economics, Environment, Globalization, and Poverty

660. Financial Globalization and Economic Policies

Author:
Shang-Jin Wei, Eswar Prasad, M. Ayhan Kose, and Kenneth Rogoff
Publication Date:
04-2009
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
We review the large literature on various economic policies that could help developing economies effectively manage the process of financial globalization. Our central findings indicate that policies promoting financial sector development, institutional quality and trade openness appear to help developing countries derive the benefits of globalization. Similarly, sound macroeconomic policies are an important prerequisite for ensuring that financial integration is beneficial. However, our analysis also suggests that the relationship between financial integration and economic policies is a complex one and that there are unavoidable tensions inherent in evaluating the risks and benefits associated with financial globalization. In light of these tensions, structural and macroeconomic policies often need to be tailored to take into account country specific circumstances to improve the risk-benefit tradeoffs of financial integration. Ultimately, it is essential to see financial integration not just as an isolated policy goal but as part of a broader package of reforms and supportive macro- economic policies.
Topic:
Development, Economics, Globalization, and Political Economy