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4011. The Food Aid Debate in Trade and Development

Author:
Andreas Schneider
Publication Date:
12-2005
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
It is generally agreed that making progress towards eradicating hunger worldwide is a moral obligation for the richer countries of the world. The instrument known as food aid is widely regarded as an important vehicle for providing assistance to needy countries. However, fresh debates in the present Doha round of WTO negotiations have brought a renewed interest in food aid issues. The Doha round is designed to put development at the centre of trade negotiations, and along with agriculture, to the fore among the contentious issues to be agreed.
Topic:
Agriculture, Development, Economics, and International Trade and Finance

4012. Who finances the Queen's CAP payments? The CAP as a dooH niboR Scheme

Author:
Richard E. Baldwin
Publication Date:
12-2005
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
Thanks to the British Freedom of Information Act, the list of all CAP payments to English farms is public. It shows that the CAP is a dooH niboR scheme (that's Robin Hood spelled backwards). Table 1 records the CAP receipts for some of Britain's richest royalty. Why do royalty get paid? The CAP makes payments to farm owners, not to farmers, and about 40% of EU farmland is not farmed by its owner.
Topic:
Development and Economics
Political Geography:
United Kingdom and Europe

4013. Technology in a Post-2012 Transatlantic Perspective

Author:
Christian Egenhofer
Publication Date:
11-2005
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
The EU and the US have found themselves supporting two polar views on which strategy is the most effective in achieving stabilisation of greenhouse gas (GHG) emissions: 'market pull' vs 'technology push'. As an advocate of the latter, the US asserts that the principal emphasis should be on technology development, financed through typical public R programmes. It argues that it would be preferable to invest in the short term in R and to adopt emissions limitations later, when new technologies will have lowered the cost of limiting GHG emissions. In supporting the 'market-pull' approach, the EU argues that technological change is an incremental process emanating primarily from business and industry, induced by government incentives. According to this logic, profit-seeking firms will respond with technological innovation.
Topic:
Development and Science and Technology
Political Geography:
United States and Europe

4014. Capital Adequacy vs. Liquidity Requirements in Banking Supervision in the EU

Author:
Karel Lannoo and Jean-Pierre Casey
Publication Date:
10-2005
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
The debate on banking supervision over the last decade has largely focused on capital requirements and solvency of financial institutions. The interaction between solvency and liquidity has been much less debated. Traditionally, it was assumed that once solvency was under control, liquidity should pose no problem. Banks with sufficient capital should be able to obtain extra liquidity from the central bank against adequate collateral if needed. Furthermore, the aim of the New Basel Accord to create a better alignment of regulatory capital with the risk to which banks are exposed, and the stronger focus on diversification, should eventually reduce mismatches between solvency and effective liquidity.
Topic:
Development, Economics, and Emerging Markets
Political Geography:
Europe

4015. Is the IMF business model still valid?

Author:
Ángel Ubide
Publication Date:
09-2005
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
Since the Asian crisis, the IMF has undergone a deep process of soul searching, trying to extract lessons from the experience. External criticism has been abundant, and basically all three of the IMF's main areas of work – surveillance, crisis prevention and resolution, and poverty reduction – have been called into question. Several years later, there is a feeling that not much has been achieved, and key questions remain unanswered. As the world business cycle matures, and thus the likelihood of further crises slowly increases, it is critical for the stability of the world financial system to discuss what the IMF's business model should look like.
Topic:
Development, Economics, Emerging Markets, and International Trade and Finance
Political Geography:
Asia

4016. Oxfam Publishing: Girls' Education in Africa

Author:
Sam Gibson
Publication Date:
12-2005
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
Sub-Saharan Africa has some huge problems to reslove if it is to achieve gender equality in education, and fulfill the Millennium Development Goals related to education and gender. Conversely, the region has some of the most innovative and enterprising examples of initiative that promote gender equality in education. This paper focuses on sub-Saharan Africa and considers some of the most significant obstacles that African girls face in achieving the education that is their right. The paper then reviews the most significant initiatives–those that are 'gender-neutral' and those that have a specific focus aon gender equality–that have enabled African countries to overcome these obstacles.
Topic:
Development, Education, and Gender Issues
Political Geography:
Africa

4017. Oxfam Publishing: Blood on the floor: how the rich countries have squeezed development out of the WTO Doha negotiations

Author:
Duncan Green
Publication Date:
12-2005
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
Four years on, the Doha Round looks increasingly unlikely to deliver on its promises to the world's poor. Rich countries have sidelined developmjent concerns and insisted on, among other conditions, the "blood on the floor" rule, i.e. obtaining economically painful concessions from all countries, including poor ones. In agriculture, trade rules look set to remain stacked against developing countries and poor farmers. Talks on industrial tariffs could jeopardise the industries of poor countries. If the rich countries fail to significantly improve their offer at the WTO ministerial meeting in Hong Kong in December 2005, developing countries should not be expected to sign on to a bad deal.
Topic:
Development, Globalization, International Trade and Finance, and World Trade Organization
Political Geography:
Hong Kong

4018. Oxfam Publishing: Why developing countries need tariffs: How WTO NAMA negotiations could deny developing countries' right to a future

Author:
Ha-Joon Chang
Publication Date:
11-2005
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
The NAMA negotiations are heading towards a development disaster. If the developed countries have their way and force the developing countries to massively cut (or even altogether eliminate) industrial tariffs on a line-by-line basis in an irreversible manner, the future prospect of industrial development, and therefore economic development, in today's developing countries is truly bleak.
Topic:
Development, Globalization, International Trade and Finance, and World Trade Organization

4019. Oxfam Publishing: Non-agricultural market access (NAMA) talks threaten development: Six reasons why a fundamentally different approach is needed

Author:
Duncan Green and Marita Hutjes
Publication Date:
11-2005
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
The WTO's current NAMA (non-agricultural market access) negotiations will not lead to a pro-development outcome. Developed countries are demanding excessive opening to imports which, if agreed, could destroy local businesses and jobs in developing countries without bringing compensating economic gains. Poor-country governments will face balance of payments problems, loss of tax revenue, and downward pressure on workers conditions and rights, and their future industrial development prospects will be undermined.
Topic:
Development, Globalization, International Trade and Finance, and World Trade Organization

4020. Oxfam Publishing: Green but not clean: Why a comprehensive review of Green Box subsidies is necessary

Author:
Liz Stuart
Publication Date:
11-2005
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
Green Box subsidies, by definition of the World Trade Organisation (WTO), are not allowed to distort trade. This is why, under the terms of the Agreement on Agriculture (AoA), countries may provide as many Green Box subsidies as they like. ActionAid, CIDSE, and Oxfam believe, as this briefing note will show, that the EU and the USA are using this provision to continue to give support that is manifestly trade-distorting, thereby causing serious damage to farmers in developing countries. At least $40bn of Green Box payments annually are likely to be trade-distorting and therefore break WTO rules.
Topic:
Development, Globalization, International Trade and Finance, and World Trade Organization
Political Geography:
Europe