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861. Saving the world by doing business? A background paper on the role of the private sector in Danish aid

Author:
Julie Andersen Schou and Mette Fog Olwig
Publication Date:
03-2020
Content Type:
Working Paper
Institution:
Centre for Business and Development Studies (CBDS), Copenhagen Business School
Abstract:
In recent years publicly funded development and humanitarian aid is being reduced, while the private sector is increasingly being considered a key development actor. This working paper provides an overview of the institutional framework that currently influences these processes in Denmark. We find that in Denmark, this new approach to aid has taken place in the context of a significant change in the Danish national narrative concerning engagement in aid. Whereas the narrative formerly emphasized the importance of selfless global solidarity it has now opened up for approaches that are overtly strategic and self-interested in relation to safety, values, and business interests. While business has always been part of development, the change in narrative has further legitimized combining profit and development. We show how the Danish Government has encouraged civil society to engage in joint ventures with the business sector and describe a spectrum of humanitarian and development initiatives with private business. Together these trends and initiatives have resulted in a Danish institutional framework that, we find, strongly supports and promotes the involvement of business in the development sector. This will have important implications for the scope and agenda of development, as well as for standards for accountability and measurement of results, that need to be further studied.
Topic:
Development, Foreign Aid, Business, Private Sector, and Development Aid
Political Geography:
Denmark

862. The Interaction Between Foreign Direct Investment, Foreign Portfolio Investment and Economic Growth: The Case of Sub- Saharan African Countries

Author:
Zeynep Gülru Göker and Brooke Güven
Publication Date:
04-2020
Content Type:
Journal Article
Journal:
Journal of Academic Inquiries
Institution:
Sakarya University (SAU)
Abstract:
There are contradicting arguments in the literature examining the influence of foreign investment on economic growth in Sub Saharan Africa. Some researchers claim that high level of volatility, rising current account deficit, lack of developed financial markets and low quality of regulatory framework would generate economic losses for developing countries in Sub Saharan Africa when they liberalized their capital flows. However, some studies focus on growth enhancing effect of foreign investment to be a remedy for low capacity of accumulated savings in Sub Saharan Africa. The current study brings new evidence about the role of foreign portfolio investment and foreign direct investment on economic growth for countries in Sub Saharan Africa. Due to the endogenenity issue, we have used panel VAR methodology to estimate three simultaneous equations system. By analyzing 25 Sub Saharan African countries over the 1990-2016 period, we found that foreign direct investment and foreign portfolio investment are complements and they have positive significant impacts on economic growth.
Topic:
Development, Foreign Direct Investment, and Economic Growth
Political Geography:
Africa, Turkey, and Sub-Saharan Africa

863. Is the Future of Central America’s Growth Sustainable?

Author:
Sergio Martinez and Mauricio Garita
Publication Date:
12-2020
Content Type:
Special Report
Institution:
Georgetown Journal of International Affairs
Abstract:
Central America is a region in the Americas with potential for higher economic growth. For the regional economy to grow in a sustainable manner in the years ahead, policymakers must act on three fronts: economic diversification, workforce upskilling, and intra-regional cooperation.
Topic:
Development, Economics, Poverty, Income Inequality, Economic Growth, and Multilateralism
Political Geography:
Latin America and Central America

864. China Leverages Tibetan Plateau’s Water Wealth

Author:
Brahma Chellaney
Publication Date:
06-2020
Content Type:
Special Report
Institution:
Georgetown Journal of International Affairs
Abstract:
While the international attention remains on China’s recidivist activities in the disputed waters of the South China Sea, where it continues to incrementally expand its strategic footprint, Beijing is also quietly focusing its attention on the waters of rivers that originate in the resource-rich, Chinese-controlled territory of Tibet.
Topic:
Development, Environment, Science and Technology, Territorial Disputes, Water, and Sustainability
Political Geography:
China, Asia, and Tibet

865. State Authority Restoration in the Central African Republic: The Striking Gap Between Its Past, Its Potential, and People’s Expectations

Author:
Tim Glawion
Publication Date:
04-2020
Content Type:
Special Report
Institution:
Georgetown Journal of International Affairs
Abstract:
The Central African Republic (CAR) could be a case of hope. After years of violence, the main armed groups and the government signed a peace agreement last year. At the end of 2020, elections are set to take place that could strengthen the democratic credentials of the country and grant its institutions the legitimacy needed to rebuild the state. As surveys have shown the populace is tired of the armed groups scattered (and fighting) throughout the country and demand the return of the state. The state is building up its army and deploying troops across a growing part of the country’s territory with the help of international actors. However, the restoration of state authority in the CAR remains unlikely. The state’s history is one of neglect, meaning there remains little to be “restored” and much to be built in the first place. Whether the state is willing and able to live up to the population’s demands is questionable. The military approach to state authority restoration and the integration of armed actors risks marginalizing the calls for an emphasis on public services. Locals hope for the return of the state—and one that is robust and caring. The reality of a militarized and inefficient state would shatter these hopes.
Topic:
Development, Government, Governance, State, and Society
Political Geography:
Africa and Central African Republic

866. How Developing Countries Can Manage the COVID-19 Economic Impact

Author:
Matthew Eldridge
Publication Date:
04-2020
Content Type:
Commentary and Analysis
Institution:
Urban Institute
Abstract:
Even as many developing countries are confronting the health impacts of the COVID-19 pandemic, they are already bracing for the widespread, global recession that will follow. These countries already struggle to provide many services and supports to their citizens, and although the emergency assistance packages of international financial institutions are a start, they alone won’t be enough to mitigate the economic impact of COVID-19 and enable a strong recovery. Although most developing countries escaped the 2007–08 financial crisis with limited damage, for many, this economic downturn is expected to be much worse because of the direct health effects, the sharp decline in global economic activity, the structural composition of their economies, and constrained policy options.
Topic:
Development, Economics, Pandemic, and COVID-19
Political Geography:
Global Focus

867. COVID-19 and Canada’s Development Assitance in Sub-Saharan Africa

Author:
Emily Gilfillan
Publication Date:
12-2020
Content Type:
Working Paper
Institution:
Canadian Global Affairs Institute (CGAI)
Abstract:
COVID-19 has created unprecedented challenges for governments around the world. In March 2020, the World Health Organization (WHO) declared the global outbreak of COVID-19 a pandemic. In addition to a worldwide health crisis, the pandemic has had far-reaching socioeconomic impacts that have been severest for the most vulnerable people and have exacerbated existing inequalities. This presents wealthy countries like Canada with a challenge: addressing the health crisis and economic fallout at home, while simultaneously supporting a global COVID-19 response and continuing to tackle existing development priorities. This report explores the implications of COVID-19 for Canada’s development assistance efforts in Sub-Saharan Africa (SSA). Given that 27 of the 28 poorest countries in the world are located in SSA and half of Canada’s Official Development Assistance (ODA) budget is expected to go to countries in Africa by 2021-22, it is a priority region. To date, Canada has maintained ODA spending levels, while also providing additional funds in support of global efforts to address COVID-19. Evidence suggests that pre-pandemic priorities in the region, such as gender equality, health, and food security, have not been derailed. Rather, the impact of the pandemic has reinforced the importance of core development objectives such as achieving the United Nations (UN) Sustainable Development Goals (SDGs). In particular, Canada’s Feminist International Assistance Policy (FIAP) is fit for purpose to address the gendered impact of the pandemic. It is clear that the pandemic does not affect men and women equally. While the right policy tools are in place, building back better will require Canadian resolve and leadership to stay the course and ensure the most vulnerable are not left behind.
Topic:
Development, Gender Issues, Finance, COVID-19, and Health Crisis
Political Geography:
Africa, Canada, North America, and Sub-Saharan Africa

868. Quantifying the Demand, Supply, and Welfare Effects of Natural Disasters Using Monthly Trade Data

Author:
Gabriel Felbermayr, Jasmin Katrin Gröschl, and Benedikt Heid
Publication Date:
12-2020
Content Type:
Working Paper
Institution:
Kiel Institute for the World Economy (IfW)
Abstract:
We estimate the short-run trade effects of natural disasters using monthly trade data and data on the physical intensity of earthquakes and storms. We find large negative effects for heavily indebted poor, least developed or landlocked developing countries but only small effects for other economies. We use our estimates to identify key parameters of a dynamic quantitative trade model to disentangle the effects of disasters on supply, demand, and welfare and their spillovers on third countries via trade linkages. We apply our model to quantify the effects of the 1992 earthquake in Nicaragua, a small, heavily indebted poor country, and the 2011 Tohoku earthquake in Japan, a large developed economy. We find that spillovers are negligible if the country affected by a disaster is small but sizable for large economies. Similar disasters have heterogeneous effects on countries’ demand and supply, highlighting the importance of event-specific policies in the aftermath of disasters.
Topic:
Development, Economics, Natural Disasters, Economic Growth, and Trade
Political Geography:
Japan and Nicaragua

869. Beyond a Single Model: Explaining Differences in Inequality within Latin America

Author:
Diego Sánchez-Ancochea
Publication Date:
05-2020
Content Type:
Working Paper
Institution:
Kellogg Institute for International Studies
Abstract:
This paper studies the determinants of income inequality in Latin America over the long run, comparing them with explanations of why the whole region is unequal. I first show how land inequality can account for differences between Latin America and other parts of the world but how it does not explain within-region differences. Using qualitative comparative analysis, I then consider how political institution and actors interact with the economic structure (i.e., type of export specialization) and with the ethnic composition of the population. The paper has several findings. A low indigenous/afrodescendant population is a necessary condition for relatively low inequality. I identify two sufficient-condition paths, both of which include the role of democracy, political equality, and a small indigenous and afrodescendant population. The first path also includes a favorable export specialization, while the second one includes the presence of leftist presidents instead. The paper calls for more explicit comparisons between our analytical models for the whole region and our explanations of between-country differences. Hopefully, the paper can also trigger more research on how the interactions between ethnicity, politics, and the export structure shape inequality in Latin America.
Topic:
Civil Society, Development, Political Economy, Poverty, Race, Social Movement, Democracy, Inequality, and Ethnicity
Political Geography:
Latin America

870. Why Do People Migrate Irregularly? Evidence From a Lab-in-the-Field Experiment in West Africa

Author:
Tijan L. Bah and Catia Batista
Publication Date:
06-2020
Content Type:
Working Paper
Institution:
Kellogg Institute for International Studies
Abstract:
Irregular migration to Europe by sea, though risky, remains one of the most popular migration options for many sub-Saharan Africans. This study examines the determinants of irregular migration from West Africa to Europe. We implemented an incentivized lab-in-thefield experiment in rural Gambia, the country with the region’s highest rate of irregular migration to Europe. Male youths aged 15 to 25 were given hypothetical scenarios regarding the probability of dying en route to Europe and of gaining legal residence status after successful arrival. According to the data we collected, potential migrants overestimate both the risk of dying en route to Europe and the probability of obtaining legal residency status. In this context, our experimental results show that providing potential migrants with official numbers on the probability of getting a legal residence permit decreases their likelihood of migration by 2.88 percentage points (pp), while information on the death risk of migrating increases their likelihood of migration by 2.29 pp—although the official numbers should be regarded as a lower bound to actual mortality. Follow-up data collected one year after the experiment show that the migration decisions reported in the lab experiment correlate well with actual migration decisions and intentions. Overall, our study indicates that the migration decisions of potential migrants are likely to respond to relevant information.
Topic:
Development, Globalization, Migration, Internet, Economic Growth, Borders, and Violence
Political Geography:
Africa and Gambia