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1231. Selections from the Press

Publication Date:
05-2011
Content Type:
Journal Article
Journal:
Journal of Palestine Studies
Institution:
Institute for Palestine Studies
Abstract:
This section includes articles and news items, mainly from Israeli but also from international press sources, that provide insightful or illuminating perspectives on events, developments, or trends in Israel and the occupied territories not readily available in the mainstream U.S. media.
Topic:
Development
Political Geography:
United States and Israel

1232. Documents and Source Material: International

Publication Date:
05-2011
Content Type:
Journal Article
Journal:
Journal of Palestine Studies
Institution:
Institute for Palestine Studies
Abstract:
A1. International Coalition of Development, Human Rights, and Peace-Building Organizations, "Dashed Hopes: Continuation of the GAZA Blockade," 30 November 2010 (excerpts).A2. Eu Heads of Mission in Jerusalem and Ramallah, Recommendations to Reinforce Eu Policy on East Jerusalem, 7 December 2010.A3. Unrwa and the American University in Beirut, Socioeconomic Survey of Palestinian Refugees in Lebanon, Executive Summary, Beirut, 31 December 2010.A4. Un Security Council Draft Resolution Condemning Continued Israeli Settlements, New York, 18 February 2011.
Topic:
Security, Development, and Human Rights
Political Geography:
New York, Israel, and Jerusalem

1233. Balancing growth and stability in EU financial reform

Publication Date:
05-2011
Content Type:
Working Paper
Institution:
Oxford Economics
Abstract:
The financial crisis has forced a reappraisal of the regulatory architecture, globally and in the EU and its member states. Around the world, policymakers are proposing significant changes to rules governing the financial sector, with the goal of making the financial system more resilient. Given the large and visible costs of financial instability for Europe, it is natural for European policymakers to make the avoidance of financial crises a high priority. But it is also important to recognise that regulation carries a range of costs that can dilute the economic benefits of a competitive and dynamic financial services sector. The academic literature has robustly established that financial development is not only the consequence of economic growth but also a driver. If the EU is to achieve the ambitious goals for unleashing private enterprise and creating jobs set out within the Europe 2020 agenda, then it cannot afford to overlook the role of the financial system in fostering innovation and growth. As supervisory authorities consider a broad set of proposals to strengthen the regulatory infrastructure, a n important quest ion that arises is how to assess the aggregate impact of these various measures. Although each may look sensible in isolation, they could still impose a larger - than - expected burden on the financial system when take n in the aggregate. The focus of policy reforms should be on forcing financial institutions to internalise the social costs of their risk - taking decisions rather than suppressing financial innovation. Credible policies to allow the failure of financial institutions would encourage market monitoring of risk - taking, reducing the need for additional prudential regulation and minimising costs to the taxpayer in the event of bankruptcy. Policymakers should aim to put in place an objective, sustainable and flexible regulatory regime, as the design of the regulatory framework will play a significant role in the future development of both the financial industry and the wider economy. International consistency in the regulatory reform agenda is also important so as not to risk fragmentation of global capital markets, which bring significant economic benefits to companies and consumers alike. The economic and social purpose of financial markets is the efficient allocation of capital, and the regulatory agenda must be framed around this goal. At a time when the European economy is struggling to recover lost ground, changes to the regulatory regime should not unduly restrict the potential of the financial sector to contribute to the continents future prosperity.
Topic:
Development, Economics, Globalization, International Trade and Finance, and Financial Crisis
Political Geography:
Europe

1234. Emerging challengers in knowledge-based industries? The case of Indian pharmaceutical multinationals

Author:
Gert Bruche
Publication Date:
07-2011
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
The growth of outward foreign direct investment (FDI) from developing countries and of a new generation of “emerging multinational enterprises” (EMNEs) has stimulated a flurry of publications. EMNEs have been portrayed as on their way to adulthood, latecomers that leapfrog into advanced positions, emerging giants, and challengers of conventional multinational enterprises (MNEs) from advanced economies.
Topic:
Development, Economics, and Foreign Direct Investment
Political Geography:
South Asia and India

1235. Why and how least developed countries can receive more FDI to meet their development goals

Author:
Ken Davies
Publication Date:
06-2011
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
The 48 least-developed countries (LDCs), most of them in sub-Saharan Africa and a few in Asia, need foreign direct investment (FDI) to help meet their development targets. The FDI they now receive, although inadequate, is enough to demonstrate that investors see potential in them. It is therefore realistic for LDCs to seek more FDI, but they need to enhance their investment environments to attract it in the much greater quantities required. Donors can help by targeting official development assistance (ODA) on investment in human capital and supporting governance improvements. Meanwhile, LDCs should establish effective investment promotion agencies (IPAs).
Topic:
Development, Economics, Poverty, Foreign Aid, and Foreign Direct Investment
Political Geography:
Africa and Asia

1236. The role of multinationals in sparking industrialization: From "infant industry protection" to "FDI-led industrial take-off"

Author:
Terutomo Ozawa
Publication Date:
06-2011
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
Although not yet fully conceptualized as a new catch-up model in mainstream development economics, the infant industry argument (protectionism designed to replace imports with domestic substitutes) is giving way to a foreign direct investment (FDI)-led model of industrialization.
Topic:
Development, Economics, Industrial Policy, and Foreign Direct Investment
Political Geography:
United States, Japan, and China

1237. Decolonization by Europeanization? The Early EEC and the Transformation of French-African Relations

Author:
Martin Rempe
Publication Date:
05-2011
Content Type:
Working Paper
Institution:
The Kolleg-Forschergruppe (KFG)
Abstract:
“Françafrique”, “Francophonie”, “l'état franco-africain” and “Mafiafrique” – all these terms are commonly used if one comes to talk about French-African relations after the severing of colonial ties in 1960. Even though they bear slightly different meanings, they share the notion of a very close, stable, and continuous if not to say colonially-styled relationship. According to the relevant literature, the European Economic Community (EEC) acted thereby as a stabilizing instrument. Against this backdrop, the paper tries to present new perspectives on the complex relationship between the EEC, France and its former African colonies associated to the community since 1958. The paper explores to what extent France's belonging to the EEC triggered Europeanization processes that directly affected French-African relations and eventually acted in favor of decolonization of metropolitan France. I will argue that in the course of the 1960s, emulation of community procedures as well as supranational legal coercion to a certain extent transformed French development co-operation and trade relations with the Francophone African states and in the end fostered France's regional reconfiguration towards Europe.
Topic:
Development, Post Colonialism, and Foreign Aid
Political Geography:
Africa, Europe, and France

1238. Elections in Africa: Mixed Blessings for Growth and Poverty Alleviation

Publication Date:
06-2011
Content Type:
Policy Brief
Institution:
Danish Institute for International Studies
Abstract:
Good governance and free elections are often described as preconditions for growth and poverty alleviation. But recent research tells a different story. Although elections motivate political elites to be responsive to popular demands the effects are ambiguous. This has implications for how donors should support policy initiatives in the productive sectors.
Topic:
Democratization, Development, and Poverty
Political Geography:
Africa

1239. Burma: A View from Rangoon

Author:
Larry M. Dinger
Publication Date:
04-2011
Content Type:
Journal Article
Institution:
Council of American Ambassadors
Abstract:
Burma (also known as Myanmar) is a land of contrasts. It is geographically the largest country in Southeast Asia, stretching from tropical beaches to Himalayan peaks. It is rich in resources, including natural gas, timber, and gems. Eighty years ago its people were generally acknowledged to be the best educated in the region, and their prospects for development were expected to be high. Yet today, Burma is the poorest country in Southeast Asia with a per capita GDP of about $625; governmental health and educational expenditures are pitifully small; and Burmese rank near the bottom in most human-development indexes. The ethnic Burman, mostly Buddhist majority lives mostly in the central plains; but more than one hundred other distinct ethnic groups exist, as do notable Christian, Muslim, and Hindu minorities. Visitors universally praise the hospitality of Burmese peoples; yet ethnic-based armed conflicts simmer and sometimes flare in border areas, and Burma receives constant international criticism for major human rights abuses.
Topic:
Development, Education, and Human Rights
Political Geography:
Burma, Southeast Asia, and Myanmar

1240. Global Brazil and U.S.-Brazil Relations

Author:
Samuel W. Bodman, James D. Wolfensohn, and Julia E. Sweig
Publication Date:
07-2011
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Brazil has transcended its status as the largest and most resource-rich country in Latin America to now be counted among the world's pivotal powers. Brazil is not a conventional military power, it does not rival China or India in population or economic size, and it cannot match the geopolitical history of Russia. Still, how Brazil defines and projects its interests, a still-evolving process, is critical to understanding the character of the new multipolar and unpredictable global order.
Topic:
Development, Economics, Globalization, and International Trade and Finance
Political Geography:
Russia, China, India, Brazil, and Latin America