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161. Business Principles for Promoting Integrity in the Pharmaceutical Sector

Author:
Transparency International
Publication Date:
05-2017
Content Type:
Special Report
Institution:
Transparency International
Abstract:
The aim of the Pharma Integrity Principles for Latin America is to provide a framework for good business practices and risk management strategies for promoting integrity in the pharmaceutical sector. They are intended to assist companies and industry associations across the region in: • eliminating bribery and related conflicts of interest; • demonstrating their commitment to doing business with integrity; and • making a positive contribution to improving business standards of integrity, transparency and accountability. The Pharma Integrity Principles combine anti-bribery principles of general applicability developed by Transparency International with more specific guidelines for preventing conflicts of interest in the pharmaceutical sector in relation to prescribing practices by healthcare professionals and interactions with healthcare institutions, patients and patient organisations.
Topic:
Corruption and International Political Economy
Political Geography:
Global Focus

162. Just on paper? An assessment of beneficial ownership transparency provisions in a sample of the UK’s Overseas Territories

Author:
Steve Goodrich
Publication Date:
01-2017
Content Type:
Working Paper
Institution:
Transparency International
Abstract:
It is well established that companies based in the UK’s Overseas Territories (OTs) and Crown Dependencies are widely used in money laundering and grand corruption cases.1 The absence of any public information about them allows corrupt beneficial owners to buy luxury goods and property with anonymity and enjoy their ill-gotten gains with impunity. Journalists, citizen investigators and businesses looking to find out who’s behind these anonymous corporate entities hit a brick wall whenever they encounter them, and rely almost entirely on periodic leaks like the Panama Papers to unveil who really owns them.2 Their use is so problematic that the UK’s National Crime Agency (NCA) has openly cited their opacity as a strategic risk to the UK.3
Topic:
Corruption and International Political Economy
Political Geography:
Global Focus

163. What Should Canada’s Aims be in Any Renegotiation of NAFTA?

Author:
Sarah Goldfeder
Publication Date:
05-2017
Content Type:
Policy Brief
Institution:
Canadian Global Affairs Institute (CGAI)
Abstract:
On Jan. 23, the first Monday after being sworn in as president of the United States, Donald Trump signed a presidential memorandum that laid the groundwork for exiting the Trans-Pacific Partnership (TPP). The TPP was the elegant solution to a host of hold-over irritants from the North American Free Trade Agreement (NAFTA) as well as a way to address wholly new issues of trade and commerce. In the wake of this decision, Trump also promised a wholesale reworking of NAFTA, in which everything would be on the table. In the days since, the Trump trade team has been off to a rocky start. Finally, after months of discussion, the notification incumbent for use of the Trade Promotion Authority (TPA) was provided to Congressional leaders on May 18, 2017. Mexico has taken it all in stride, as it took almost immediate advantage of the blusterous U.S. rhetoric to outline its demands for any NAFTA discussion. Canada meanwhile plays the sphinx, open about its willingness to negotiate, but not much else. The U.S. may find that it’s less ready for this round of negotiations than it wanted to be, but its partners are well placed to unite and drive a hard bargain.
Topic:
International Political Economy and International Affairs
Political Geography:
Canada and Global Focus

164. Analytic Foundations: Measuring the Redistributive Impact of Taxes and Transfers

Author:
Ali Enami, Nora Lustig, and Rodrigo Aranda
Publication Date:
01-2017
Content Type:
Working Paper
Institution:
Center for Global Development
Abstract:
This paper provides a theoretical foundation for analyzing the redistributive effect of taxes and transfers for the case in which the ranking of individuals by pre-fiscal income remains unchanged. We show that in a world with more than a single fiscal instrument, the simple rule that progressive taxes or transfers are always equalizing not necessarily holds, and offer alternative rules that survive a theoretical scrutiny. In particular, we show that the sign of the marginal contribution unambiguously predicts whether a tax or a transfer is equalizing or not.
Topic:
International Political Economy and International Trade and Finance
Political Geography:
Global Focus

165. The Eurozone’s Hidden Strengths

Author:
Daniel Gros
Publication Date:
06-2017
Content Type:
Commentary and Analysis
Institution:
Centre for European Policy Studies
Abstract:
For years, the eurozone has been perceived as a disaster area, with discussions of the monetary union’s future often centred on a possible breakup. When the British voted to leave the European Union last year, they were driven partly by the perception of the eurozone as a dysfunctional and possibly unsalvageable project. Yet, lately, the eurozone has become the darling of financial markets – and for good reason. The discovery of the eurozone’s latent strength was long overdue. Indeed, the eurozone has been recovering from the crisis of 2011-12 for several years. On a per capita basis, its economic growth now outpaces that of the United States. The unemployment rate is also declining – more slowly than in the US, to be sure, but that partly reflects a divergence in labour-force participation trends.
Topic:
International Political Economy and International Trade and Finance
Political Geography:
Europe

166. Could the decrease in Belgian government debt-servicing costs offset increased age-related expenditure?

Author:
Mikkel Barslund and Lars Ludolph
Publication Date:
06-2017
Content Type:
Commentary and Analysis
Institution:
Centre for European Policy Studies
Abstract:
This paper argues that none of the secular trends that have driven down real interest rates over the past two decades is likely to reverse in the near future. Thus, real rates can be expected to remain low and government debt-servicing costs to decrease further over the coming years. Based on these findings, the authors calculate direct gains accruing to the Belgian government from lower net debt interest payments. The savings on interest payments are then contrasted with the projected future increases in age-related expenditures on pensions, education and long-term care. The findings indicate that, if savings on interest payments are channelled to cover the increases in age-related expenditures, they will fully offset financing needs in these areas until 2030. The calculations are robust to a moderate increase in interest rates.
Topic:
International Political Economy
Political Geography:
Belgium

167. New Pact for Europe - National Report - ITALY

Author:
European Policy Centre
Publication Date:
07-2017
Content Type:
Special Report
Institution:
European Policy Centre
Abstract:
This is the fifth in a series of National Reports to be published as part of the new phase of the New Pact for Europe project.* According to the NPE Italian Reflection Group, the EU is stuck, with member countries prioritising national interests over the European ones, while problems in the economic, security and migration policy areas are far from overcome. Drawing on the discussions held amongst the members of the group, the report presents a set of conclusions on how to address the key challenges the Union and member states are facing at the moment, and calls on them to take action to boost the legitimacy of the European integration project:
Topic:
International Political Economy and International Affairs
Political Geography:
Europe

168. Brexit: No ordinary third country

Author:
Andrew Duff
Publication Date:
07-2017
Content Type:
Commentary and Analysis
Institution:
European Policy Centre
Abstract:
Following the start of the Brexit negotiations on 19 June, Andrew Duff reviews the state of play, namely the discussions on EU citizens’ rights, the Irish border, the financial commitments and the future role of the ECJ. He welcomes the Commission’s proposal to create a Joint Committee to manage the actual exiting process. Duff regrets the irresolution on the British side, which hampers the possibility to define the future relationship with the European Union and consequently the transitional arrangements that UK business so badly needs. Given the UK’s state of confusion after the electoral results of 2016 and 2017, he suggests that the EU must make an offer to London on the basis of a wider reflection on the future not just of the smaller European Union but of the wider Europe.
Topic:
International Political Economy and Brexit
Political Geography:
Europe

169. What now? Options for Brexit – And a cry for help

Author:
Andrew Duff
Publication Date:
06-2017
Content Type:
Commentary and Analysis
Institution:
European Policy Centre
Abstract:
In this paper, Andrew Duff reviews the intended and unintended consequences of the results of last week’s general election. He argues that: 1. Since both Labour and Conservatives campaigned to complete Brexit, there will be no more talk of the possible revocation of Article 50. Brexit does indeed mean Brexit. 2. Now Brexit is free from the shadow of immediate electioneering. And the new composition of the House of Commons has improved the chances that if there is an Article 50 treaty it will be approved. 3. The unintended consequence of the snap election has been to make a softer Brexit more likely. Mercifully, we should not hear again that “no deal is better than a bad deal” as a bust up of the Article 50 talks would lead to the collapse of the May government and the holding of another general election, much-feared by the Conservative party.
Topic:
International Political Economy and Brexit
Political Geography:
Europe

170. The Future of Transatlantic Sanctions on Russia

Author:
Peter Harrell, Tom Keatinge, Sarah Lain, and Elizabeth Rosenberg
Publication Date:
06-2017
Content Type:
Special Report
Institution:
Center for a New American Security
Abstract:
Sanctions on Russia are part of a broad and coordinated U.S. and European policy to counter Russian aggression. The majority of these transatlantic coercive economic measures target Russia’s involvement in Eastern Ukraine and date from 2014. The strategic foreign policy concerns that underlie the use of sanctions as a tactic, however, are far broader and much more longstanding. Contemporary financial sanctions are fundamentally a new and innovative tactic among a broader array of military, diplomatic, media, and cyber options, to coordinate transatlantic policy on Russia and craft political and economic leverage for the West.
Topic:
International Political Economy and International Security
Political Geography:
Russia