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471. The 2015 Survey of Progress in International Economic Governance

Author:
Domenico Lombardi and Kelsey Shantz
Publication Date:
11-2015
Content Type:
Policy Brief
Institution:
Centre for International Governance Innovation
Abstract:
The annual CIGI Survey of Progress in International Economic Governance assesses progress in five areas of international economic governance: macroeconomic and financial cooperation; cooperation on financial regulation; cooperation on development; cooperation on trade; and cooperation on climate change. In this year’s survey, 31 CIGI experts conclude that international economic arrangements continue to show a level of “status quo,” averaging a score of 50% across all five areas. The 2015 survey indicates a slight improvement to the result of last year’s survey, which suggested a minimal regression overall. The experts’ assessment of progress was most promising in the area of climate change cooperation, with an average score of 57%, whereas the least promising area was macroeconomic and financial cooperation, with a score of 44%, indicating minimal regression. The remaining three areas polled all fell within the “status quo” range, with trade at 46%, development at 48% and international cooperation on financial regulation at 53%. Interestingly, in the area of cooperation on development, CIGI’s experts provided a relatively mixed assessment. Responses varied based on experts’ perception of the effectiveness of current rhetoric, from 70% (indicating some progress) to 10% (suggesting major regression). Compared to last year, climate change governance has made the greatest improvement, but the remaining three areas (with the exception of development, which was not included in the 2014 survey) have all, on average, regressed further or remained stagnant. This trend is cause for concern.
Topic:
Climate Change, Development, Economics, International Cooperation, and International Trade and Finance
Political Geography:
Global Focus

472. The OECD's "Action Plan" to Raise Taxes on Multinational Corporations

Author:
Gary Clyde Hufbauer, Eujiin Jung, Tyler Moran, and Martin Vieiro
Publication Date:
09-2015
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics
Abstract:
Hufbauer and colleagues critically evaluate the Organization for Economic Cooperation and Development’s ambitious multipart project titled Base Erosion and Profit Shifting (BEPS), which contains 15 "Actions" to prevent multinational corporations (MNCs) from escaping their "fair share" of the tax burden. Spurred by G-20 finance ministers, the OECD recommends changes in national legislation, revision of existing bilateral tax treaties, and a new multilateral agreement for participating countries. The proposition that MNCs need to pay more tax enjoys considerable political resonance as government budgets are strained, the world economy is struggling, income inequality is rising, and the news media have publicized instances of corporations legally lowering their global tax burdens by reporting income in low-tax jurisdictions and expenses in high-tax jurisdictions. Given that the US system taxes MNCs more heavily than other advanced countries and provides fewer tax incentives for research and development (R&D), implementation of the BEPS Actions would drive many MNCs to relocate their headquarters to tax-friendly countries and others to offshore significant amounts of R&D activity.
Topic:
Development, Economics, International Political Economy, and International Trade and Finance
Political Geography:
Global Focus

473. Is Europe to Benefit from China's Belt and Road Initiative?

Author:
Nicola Casarini
Publication Date:
10-2015
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
With the One Belt One Road (OBOR), arguably Beijing’s major diplomatic outreach in decades, a process towards greater Sino-European connectivity has been put in place. The implementation of the OBOR in Europe has focused so far on financing infrastructure projects, in particular railways in Southeast Europe and ports in the Mediterranean Sea. This has been complemented by growing monetary linkages between the People’s Bank of China and European central banks through the establishment of currency swap agreements and yuan bank clearing – so-called “offshore renminbi hubs” – with the aim of lowering transaction costs of Chinese investment and bolstering the use of the Chinese currency. While there are undoubtedly great economic opportunities, China’s OBOR initiative also presents the EU with a major political challenge. There is the risk, in fact, that a scramble for Chinese money could further divide EU member states and make it difficult for Brussels to fashion a common position vis-à-vis Beijing. Furthermore, China’s economic penetration into Europe may lead – if not properly managed – to a populist backlash as well as a strain in relations with Washington. All these elements should be taken into consideration by EU policymakers, as China’s OBOR makes inroads into the Old Continent.
Topic:
Development, International Trade and Finance, Bilateral Relations, and Infrastructure
Political Geography:
China and Europe
Publication Identifier:
978-88-98650-64-4
Publication Identifier Type:
DOI

474. Toward SDG 2: Food Security and Urbanization in the Global South

Author:
David Celis Parra, Krista Dinsmore, Nicole Fassina, and Charlene Keizer
Publication Date:
08-2015
Content Type:
Policy Brief
Institution:
Centre for International Governance Innovation
Abstract:
Urban food insecurity is distinct from that experienced in rural areas and must be addressed through a different set of policies. The United Nations’ Sustainable Development Goal 2 recommends that governments aim to improve food security and nutrition over the next 15 years in response to the global challenge of fostering sustainability.
Topic:
Agriculture, Development, Humanitarian Aid, United Nations, and Food Security
Political Geography:
Global Focus

475. Humanitarian Assistance and the Politics of Self-reliance: Uganda's Nakivale Refugee Settlement

Author:
Suzan Ilcan, Marcia Oliver, and Laura Connoy
Publication Date:
12-2015
Content Type:
Policy Brief
Institution:
Centre for International Governance Innovation
Abstract:
Increasingly, refugees residing in refugee camps are living in protracted situations for which there are no quick remedies. Existing attempts to address protracted situations for refugees engage with the concept and practices of the Self-reliance Strategy (SRS). This paper focuses on the SRS in Uganda’s Nakivale Refugee Settlement. It draws attention to the strategy's disconnection from the social and economic relations within which refugees live in settlements, and its inability to provide refugees with sufficient access to social support and protection.
Topic:
Development, Economics, Humanitarian Aid, and Refugee Issues
Political Geography:
Uganda

476. Climate Change and Human Rights: How? Where? When?

Author:
Basil Ugochukwu
Publication Date:
11-2015
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
Actions taken to mitigate and adapt to the adverse impacts of climate change must be centred on human rights. This paper analyzes a few examples of national, subnational and corporate climate change policies to show how they have either enshrined human rights principles, or failed to do so. It also examines the challenge of integrating human rights principles in climate change actions. Climate change policies, if they are to respect all human rights, must actually use human rights language to articulate adaptation or mitigation measures.
Topic:
Climate Change, Development, Human Rights, and Politics
Political Geography:
Global Focus

477. Melanesia New Voices: Investing in the Next Generation

Author:
Jenny Hayward-Jones
Publication Date:
06-2015
Content Type:
Working Paper
Institution:
Lowy Institute for International Policy
Abstract:
Melanesian countries need to better cater for their growing young populations, including through establishing youth centres and targeted programs. Prosperity and peace is achieved through embracing the dignity of Melanesian identity, which includes respecting the New Caledonian decolonisation process and acknowledging West Papuan aspirations for human rights and self-determination. Melanesian countries are making good use of technological innovation, but infrastructure gaps and limited access to finance constrain the development of innovative small businesses.
Topic:
Development, Economics, Human Rights, and Infrastructure
Political Geography:
Australia/Pacific

478. Papua New Guinea in 2015: at a crossroads and beyond

Author:
Jenny Hayward- Jones
Publication Date:
05-2015
Content Type:
Working Paper
Institution:
Lowy Institute for International Policy
Abstract:
2015 is a significant year for Papua New Guinea. The country will mark 40 years of independence from Australia, host the Pacific Islands Forum leaders’ meeting and the Pacific Games. The Papua New Guinea economy will record the highest GDP growth rate in the world in 2015 but will also formally fail to meet any of the United Nations’ Millennium Development Goals in their deadline year. The Papua New Guinea government has introduced tuition fee free education and free healthcare but faces major challenges in improving the living standards of its population of over seven million people. The resources boom has helped drive investment in infrastructure but catering for the nation’s growing youth bulge is proving a particularly difficult policy problem. Changes to the way different levels of government are being administered could improve service delivery in rural areas but have the potential to undermine national development planning. The next generation of leaders will face an even more complex set of challenges.
Topic:
Development, Education, Health Care Policy, and Economies
Political Geography:
Australia/Pacific and Papua New Guinea

479. Post-Colonial States and the Struggle for Identity in the Middle East since World War Two

Author:
Samuel Helfont
Publication Date:
10-2015
Content Type:
Working Paper
Institution:
Foreign Policy Research Institute
Abstract:
The term “post-colonial” has presented a seminal problem for historians of the 20th century Middle East. As this essay will detail, debates over the term have provided an important axis around which discussions of political identity revolve. Following World War Two European power in the Middle East crumbled and a number of post-colonial states emerged. These states often justified their existence in terms of ideologies that were tied to specific post-colonial, political identities. Endless debates have occurred over how much emphasis to put on the post-colonial nature of these states and their political identities. In this essay, I will discuss whether a state’s status as post-colonial matters. If so, how? And what are the consequences? Following a general discussion of debates over post-colonialism, will look more closely at three case studies: Egypt, Iraq, and Iran.
Topic:
Development, Islam, Nationalism, and Post Colonialism
Political Geography:
Iran, Middle East, and Arab Countries

480. In Search of a New Balance between Agricultural Trade and Development in the Euro-Mediterranean

Author:
Marko Lovec
Publication Date:
11-2015
Content Type:
Policy Brief
Institution:
IEMed/EuroMeSCo
Abstract:
The recent food security crisis has shed light on the importance of agricultural development in the South Mediterranean countries. An ‘urban bias’ and ‘trade liberalisation’ policies have resulted in growing dependence on imports, narrow specialisations and unsustainable production practices. The Euro-Mediterranean integration process has put trade liberalisation in the centre of attention, while the progress in agriculture has been limited. The purpose of this paper is to analyse the challenges faced by agro-food systems in Southern and Eastern Mediterranean Countries, with specific attention to the role of the Euro-Mediterranean integration and the reform of the Common Agricultural Policy. The paper also reviews relevant economic and environmental data in selected South and East Mediterranean countries.
Topic:
Security, Agriculture, Development, Economics, International Trade and Finance, and Food
Political Geography:
Europe