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211. An Effect-Centric Approach to Assessing the Risks of Cyber Attacks Against the Digital Instrumentation and Control Systems at Nuclear Power Plants

Author:
Nancy Gallagher, Charles Harry, and Jor-Shan Choi
Publication Date:
02-2020
Content Type:
Working Paper
Institution:
Center for International and Security Studies at Maryland (CISSM)
Abstract:
Cyberattacks against the digital instrumentation and control (DI&C) systems in nuclear power plants (NPPs) are of grave security concern. The US Nuclear Regulatory Commission (NRC) requires all NPPs to protect critical digital assets that support safety, security, and emergency preparedness functions against cyberattacks.1 Other standards bodies like the International Society of Automation (ISA) and the International Electrotechnical Commission (IEC) have also developed standards that address cybersecurity for industrial control systems (ICS) including DI&C.2 Due to concerns for security, relevant stakeholders such as regulators, plant operators, information technology (IT) and operation technology (OT) staff, and equipment suppliers are sometimes reluctant to reveal in technical detail about vulnerabilities posed by DI&C systems. Yet, because some types of cyberattacks against an NPP may cause core damage or significant release of radioactivity, harming the plant, the public and the industry, the safety implications of potential cyberattacks should be evaluated. This divide between security and safety is a challenge for stakeholders focused in cyber security for NPPs. To bridge this security and safety divide, this study proposes and demonstrates a methodology for assessing and addressing the safety consequences of cyber events that disrupt one or more parts of the DI&C systems at NPPs. The methodology builds on the “effect-centric” cyber risk assessment framework developed by the Center for International and Security Studies at Maryland (CISSM). It is used to analyze two historical cyberattacks and one hypothetical attack scenario. As the focus is on plant safety, these assessment, evaluation, and analysis can be candidly and openly discussed with the goal of finding the best defense to thwart the specific cyberattack.
Topic:
Security, Governance, Nuclear Power, Cybersecurity, and Regulation
Political Geography:
North America and United States of America

212. Doing Business in Bolivia: a case study in the Andean regulatory framework

Author:
Jorge Ignacio Del Castillo Machicado
Publication Date:
04-2020
Content Type:
Working Paper
Institution:
Institute for Advanced Development Studies (INESAD)
Abstract:
This article researches on the evolution of the business regulatory framework of Bolivia from 2006 to 2017 and its relationship with the country’s Labor productivity, Total Factor Productivity, and its Informal Economy size. To do this, it analyzes the Doing Business annual reports and standardizes each year overall score to the most recent methodology developed by the World Bank Group. Furthermore, it complements its finding with qualitative data through semi-structured interviews to key actors in the Bolivian economy. Overall, this paper finds that few steps have been taken to improve Bolivia’s Business regulatory framework from the period of 2006-2017, result in a lower rank in the Doing Business report and keeping its score constant. The lack of initiative in working towards more efficient policies, complex nature and poor adaptability of new technological practices have stagnated the improvements of business regulations along their lifecycles. As a consequence, Bolivia Total Factor Productivity, Informal Economy size and Labor productivity have shown no improvement over the last 10 years.
Topic:
Economics, Science and Technology, Labor Issues, World Bank, Regulation, and Business
Political Geography:
Latin America and Bolivia

213. COVID-19’s reality shock for external-funding dependent emerging economies

Author:
Alicia Garcia-Herrero and Elina Ribakova
Publication Date:
05-2020
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
COVID-19 is by far the biggest challenge policymakers in emerging economies have had to deal with in recent history. Beyond the potentially large negative impact on these countries’ fiscal accounts, and the related solvency issues, worsening conditions for these countries’ external funding are a major challenge.
Topic:
Monetary Policy, Regulation, Finance, Economy, Central Bank, and COVID-19
Political Geography:
Europe, Asia, and Latin America

214. Toward a Discursive Approach to Growth Models Social Blocs in the Politics of Digital Transformation

Author:
Sidney Rothstein
Publication Date:
06-2020
Content Type:
Working Paper
Institution:
Max Planck Institute for the Study of Societies
Abstract:
The growth models perspective analyzes the role of social blocs in crafting countries’ eco- nomic policies, but its treatment of business power as purely structural prevents it from ad- dressing an important question in the politics of digital transformation: How have new sec- tors with miniscule economic footprints been able to influence economic policy? This paper explores how tech and venture capital successfully lobbied for financial deregulation at the beginning of digital transformation in the United States. The paper argues that explaining the role of social blocs in digital transformation requires incorporating discourse analysis and develops a conceptual framework around three discursive components in the dynamics of social blocs: coordination, persuasion, and performativity. This framework contributes to theory development in the growth models perspective and illustrates how the concept of social blocs can help make sense of the politics of digital transformation.
Topic:
Regulation, Digital Economy, Financial Institutions, and Discourse
Political Geography:
United States and North America

215. An Analysis of Service Trade Regulation in ASEAN and Its Implications

Author:
Meeryung La
Publication Date:
02-2020
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
The Korean government has been pursuing a New Southern Policy (NSP) focusing on the “3P” areas of cooperation ‒ People, Prosperity, and Peace. The NSP puts people at a center of policy, and emphasizes the enhancement of cultural conversation and people-to-people exchange between Korea and ASEAN. The majority of services trade, an area with a low level of cooperation between Korea and ASEAN, is inherently based on the exchange of people. Promoting services trade flows between Korea and ASEAN could contribute to achieving the vision of a People-centered community in the region. Also, when taking into account the fact that services are integral to the working of GVC, the government should pursue policies to promote services trade and to enhance cooperation with ASEAN in the services sector. To this end, we aim to identify the current status of service trade and service trade barriers between ASEAN and Korea. This report briefly covers ASEAN’s trade in services and the restrictiveness of service trade regulations in ASEAN, and then suggests policy recommendations based on the results.
Topic:
International Cooperation, Regulation, Economy, Economic Policy, and Trade
Political Geography:
Asia and South Korea

216. The Impact of Regulations on Investment in Mobile Telephone Infrastructure in Southern African Development Community Countries

Author:
Albert Makochekanwa
Publication Date:
01-2020
Content Type:
Research Paper
Institution:
African Economic Research Consortium (AERC)
Abstract:
The main objective of the study was to investigate the impact of policy regulations on investments in mobile telecommunications network infrastructure in all the 15 member countries of the Southern African Development Community (SADC) region. The research employed panel data econometrics to achieve its stated objective. Estimated results shows that the coefficient of gross domestic product (GDP) per capita is positive and statistically significant, implying that an increase in this variable results in increase in demand and this in turn motivates infrastructure investment in mobile telephone. The coefficient on the previous level of mobile telephone infrastructure investment variable (Invkt-1) was found to be positive and statistically significant. This means that there is a systematic positive association between the previous level of mobile telephone infrastructure investment and the current. The coefficient of the main variable of interest representing mandatory unbundling (Regkt) was found to be positive and statistically significant. This implies that, overall, mandatory unbundling access regulation boost infrastructure investment in mobile telecommunication. Regression estimates shows that the coefficient on one of the variable of interest, political constraint (POLCON) has a negative and statistically significant impact on determining the level of mobile telephone infrastructure investment in SADC countries. Whilst this result is against expectations, one possible explanation may be presence of high level of rent seeking behaviour.
Topic:
Development, Economics, Regulation, Economic Growth, and Economic Policy
Political Geography:
Africa and South Africa

217. What Has Changed in the Turkish Coal Mining Industry Five Years After the Soma Mine Disaster?

Author:
H. Sebnem Düzgün
Publication Date:
02-2020
Content Type:
Special Report
Institution:
Georgetown Journal of International Affairs
Abstract:
The Soma Mine Disaster (SMD) was the most massive mine disaster of the twenty-first century, with 301 fatalities. This was due to a mine fire in an underground coal mine. Although mine fires usually do not cause a large number of casualties in comparison with other explosions in underground coal mines, the SMD has an anomaly. The cause of the mine fire has not been precisely determined, though various groups of experts developed several hypotheses. Most of the fatalities were due to an inadequate safety culture, unstructured organizational and human performance, and improper decision-making and risk perception during the emergency management. So far, only minimal steps have been taken to improve the safety standards of the coal mines. Larger improvements are necessary to address the variety of factors that contributed to the disaster.
Topic:
Disaster Relief, Science and Technology, Natural Resources, Labor Issues, Regulation, and Mining
Political Geography:
Turkey and Middle East

218. Big Tech, Antitrust, and Breakup

Author:
Michael A. Carrier
Publication Date:
01-2020
Content Type:
Special Report
Institution:
Georgetown Journal of International Affairs
Abstract:
Big Tech is in the news. At the center of our political and economic dialogue is the effect that Amazon, Apple, Facebook, and Google have on our lives and what, if anything, governments should do about it. In this article, I explain how Big Tech has come under scrutiny, the antitrust implications of the industry’s behavior, and the potential remedy of breaking up the companies.
Topic:
Economics, Government, Science and Technology, Regulation, Internet, Social Media, and Business
Political Geography:
Global Focus and United States of America

219. EUROPEAN INTERESTS AND EXTERNAL CLIMATE CHANGE POLICY OF THE EU TOWARD EGYPT

Author:
Defne Günay
Publication Date:
02-2020
Content Type:
Working Paper
Institution:
Department of International Relations, Abant Izzet Baysal University, Turkey
Abstract:
According to the International Panel on Climate Change, climate change will affect the rivers leading to the Mediterranean, desertification will increase, rise in sea level will affect coastal settlements, and crop productivity will decrease in the region. Therefore, climate change is an important issue for the Mediterranean region. The European Union (EU) is a frontrunner in climate change policy, committing itself to a decarbonized economy by 2050. The EU also promotes climate action in the world through its climate diplomacy. Such EU action in promoting the norm of climate action can be explained with reference to EU’s economic interests. In this paper, I analyse whether the EU serves its economic interests by promoting climate action in its neighbourhood policy towards Egypt. Based on documentary analysis, this paper argues that European companies benefitted from the market-based solutions adopted by the Kyoto Protocol in Egypt, exported renewable energy technologies to Egypt and face a level-playing field in terms of regulations promoted for them by the EU in Egypt.
Topic:
Climate Change, Environment, European Union, Regulation, Economy, and Renewable Energy
Political Geography:
Africa, Europe, Egypt, and Mediterranean

220. Strategies to Strengthen Socially Responsible Public Procurement Practices in German Municipalities: A Mapping Exercise

Author:
Maximilian Müngersdorff and Tim Stoffel
Publication Date:
01-2020
Content Type:
Special Report
Institution:
German Institute of Development and Sustainability (IDOS)
Abstract:
Socially Responsible Public Procurement (SRPP) is a tool to use the market power of the public sector to trigger private companies to provide socially responsible products and services. In this sense, SRPP contributes to achieving SDG 12 of the Agenda 2030 (“Ensure sustainable consumption and production patterns”). However, while regulations at EU level and within the member states encourage SRPP, German municipalities lack effective implementation of social criteria in their tenders. This gap seriously decreases the triggering effect of the country’s procurement expenditures of which municipalities account for more than 50 per cent. By triangulating interview data with secondary literature, this paper identifies success factors and triggers for the introduction and consolidation of SRPP practices in German municipalities. Our research shows that there is not one gold standard of implementing SRPP in a municipality (as suggested by most existing toolboxes and handbooks on the topic). Rather, our paper presents a compilation of various different entry points from which practitioners may embark on fitting pathways. Beyond this, we have translated the most crucial success factors and triggers into nine recommendations for political action, for example, with regard to clear and ambitious regulations; measures to ensure broad support for SRPP within the municipal administration; and approaches for a more strategic procurement management. Our research also highlights the role played by individuals, that is, the importance of personal commitment for successful implementation of SRPP. This finding, however, is problematic when it comes to transferring and upscaling good practices. To reach a high level of broad and ambitious SRPP action, the balance between individual, regulatory and institutional measures has to change for the benefit of the latter two.
Topic:
Governance, Regulation, Business, and Private Sector
Political Geography:
Europe and Germany