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131. Review of Climate Change Adaptation Practices in South Asia

Author:
Charlotte L. Sterrett
Publication Date:
11-2011
Content Type:
Working Paper
Institution:
Oxfam Publishing
Abstract:
Despite all its progress over the last quarter century, South Asia remains home to four out of every 10 of the world's poor ; 600 million of South Asia's 1.5 billion people live on less than $1.25 per day. Almost half the children below five are underweight, accounting for more than half of the world's undernourished children. Imbalances in economic growth, inequality among castes, classes, between genders, and a region beset by disasters, have added to the suffering of the poor and those most vulnerable and marginalised.
Topic:
Agriculture, Climate Change, Environment, and Industrial Policy
Political Geography:
South Asia

132. Industries in 2012: A report from the Economist Intelligence Unit

Author:
Steven Leslie
Publication Date:
12-2011
Content Type:
Working Paper
Abstract:
Business executives are sour about 2012. However, they are much more negative about the prospects for the global economy than for their own industries, and especially for their own companies. These are the headline findings from a global survey of more than 900 corporate decisionmakers about their expectations for 2012.
Topic:
Economics, Emerging Markets, Industrial Policy, International Trade and Finance, Global Recession, and Financial Crisis
Political Geography:
Europe

133. Inward FDI in Finland and its policy context

Author:
Dan Steinbock
Publication Date:
12-2011
Content Type:
Working Paper
Institution:
Columbia Center on Sustainable Investment
Abstract:
From independence to the collapse of the Soviet Union, inward foreign direct investment (IFDI) in Finland was either marginal (1917-1939) or insignificant (1945-early 1990s). Throughout this period, the success of Finland's core production clusters in forestry, metal engineering, chemicals, and plastics was based on exports, not IFDI (or outward FDI). However, with the end of the Cold War and the globalization of Finnish industries (especially the mobile communications cluster) in a period of strong export-led economic growth, IFDI in Finland took off rapidly from the mid-1990s. This period of growth came to an end with the global crisis of 2008-2009. In 2009, the Finnish economy shrank roughly by 8%, the sharpest plunge since the country's civil war in 1918. The recovery since 2010 has been relatively strong in comparison to that in most European Union (EU) economies, but Finland remains vulnerable to the Eurozone crisis. Today, IFDI is seen as an untapped resource, and the Finnish Government hopes to develop an IFDI promotion strategy in cooperation with the private sector and integrated with the national innovation system.
Topic:
Industrial Policy, Foreign Direct Investment, and Financial Crisis
Political Geography:
Europe and Finland

134. India's Growth in the 2000s: Four Facts

Author:
Arvind Subramanian and Utsav Kumar
Publication Date:
11-2011
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics
Abstract:
This paper marks the first attempt at examining the growth performance across Indian states for the 2000s, a period also marked by the global financial crisis. Four key findings are reported. First, consistent with the fact that the 2000s was the best ever decade for Indian macroeconomic performance, growth increased across almost all major states in 2001–09 compared to 1993–2001. Second, nevertheless, there is a continued phenomenon of divergence or rising inequality across states: On average the richer states in 2001 grew faster in 2001–09. Third, during the crisis years of 2008 and 2009, states with the highest growth in 2001–07 suffered the largest deceleration. Since states with the highest growth were also the most open, it seems that openness creates dynamism and vulnerability. Finally, although the demographic dividend—a young population boosting economic dynamism—was evident before 2000, there is little evidence that there was any dividend in the 2000s. Demography alone cannot be counted on for future economic growth.
Topic:
Demographics, Development, Economics, Industrial Policy, International Trade and Finance, and Social Stratification
Political Geography:
South Asia and India

135. Building an Impact Economy in America

Publication Date:
12-2011
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
Today America finds a new market force emerging: companies that achieve an intimate connection between profit and purpose. And these businesses are supported by a developing system of investors and other financial actors that seek to place capital in firms that are achieving social impact. A new trail is being blazed for our country – open, far-reaching, transformative, offering an opportunity for renewal and growth. This is the Impact Economy.
Topic:
Economics, Industrial Policy, International Trade and Finance, Markets, and Monetary Policy
Political Geography:
United States and America

136. Trade and growth – again

Author:
Per Botolf Maurseth
Publication Date:
02-2010
Content Type:
Working Paper
Institution:
Norwegian Institute of International Affairs
Abstract:
A stylised fact from the large and growing literature on relationships between trade and growth is that liberal trade policies may stimulate growth. However, there is no academic consensus that liberal trade policies are either necessary or sufficient ingredients in growth promoting policies. In this paper, the relationships between trade policy and growth are investigated. The paper adds some new findings. My measure of trade policy is not only applied average tariff rates which have been used by others, but such tariff rates for agriculture and manufacturing separately. The results indicate opposite results of the two: Protection of manufacturing correlates negatively with growth, while tariffs on agriculture imports seem to have a weaker though positive correlation. These results are robust in the sense that they remain significant with the same sign independently of different specifications and inclusions of various control variables.
Topic:
Agriculture, Economics, Industrial Policy, and International Trade and Finance

137. Will China relocate its labor-intensive factories to Africa, flying-geese style?

Author:
Terutomo Ozawa and Christian Bellak
Publication Date:
08-2010
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
China has developed increasingly close economic relations with Africa in its quest for oil and minerals through investment and aid. The World Ban k recently called upon China to transplant labor-intensive factories onto the continent. A question arises as to whether such an industrial relocation will be done in such a fashion to jump-start local economic development—as previously seen across East Asia and as described in the flying-geese (FG) paradigm of FD.
Topic:
Development, Economics, and Industrial Policy
Political Geography:
Africa and China

138. An Electricity Grid for the 21st Century

Author:
Linda Stuntz and Susan Tomasky
Publication Date:
10-2010
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
For many years, electricity transmission has been designed to provide enough interconnection to provide affordable, reliable supplies of electricity. Recent developments in market mechanisms, technologies and policy goals have begun to pose different requirements on the existing grid system. To meet the needs of all beneficiaries of transmission enhancements, new planning, siting and cost allocation strategies must be implemented.
Topic:
Climate Change, Energy Policy, and Industrial Policy

139. State-controlled entities as claimants in international investment arbitration: an early assessment

Author:
Michael D. Nolan and Frédéric Sourgens
Publication Date:
12-2010
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
State-controlled entities (SCEs) are increasingly important participants in international investment flows and international trade. Cumulative FDI by sovereign wealth funds (SWFs) has reportedly reached US$100 billion. SWFs are significant equity investors in, and provide significant debt financing to, every kind of company, from professional sports franchises to container ports. In addition to the role of these funds, national oil companies are growing in regional and international importance. In many countries, other industries are also increasingly government-owned.
Topic:
Development, Government, Industrial Policy, International Trade and Finance, Political Economy, and Foreign Direct Investment
Political Geography:
United States

140. The Political Economy of India's Climate Agenda

Author:
Noriko Fujiwara
Publication Date:
03-2010
Content Type:
Working Paper
Institution:
Centre for European Policy Studies
Abstract:
This Working Document complements the CEPS Policy Brief, Understanding India's climate agenda, and elaborates on three key issues related to the country's energy challenges: access to energy, the future emissions trajectory and energy subsidies. This study looks into the making and framing of the country's domestic climate agenda from a political economy perspective. As long as both GDP and primary energy demand keep growing at the current rates, it may be concluded that the country's future, absolute greenhouse-gas emissions are also likely to grow but remain relatively low. Moreover, India's emissions intensity is expected to continue declining in line with the recent voluntary pledge by the Indian government. The study takes note of the national action plan launched in India, and the adoption of a flexible approach in international negotiations while maintaining a preference for several core principles, including equity. Lastly, the study explores the possibility for addressing issues such as international and intra-national equity in the context of the long-term EU–Indian partnership.
Topic:
Climate Change, Development, Economics, Energy Policy, and Industrial Policy
Political Geography:
India