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501. Global Governance Breakthrough: The G20 Summit and the Future Agenda

Author:
Johannes F. Linn, Colin I. Bradford, and Paul Martin
Publication Date:
12-2008
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
At the invitation of President George W. Bush, the G20 leaders met on November 15, 2008, in Washington, DC, in response to the worldwide financial and economic crisis. With this summit meeting the reality of global governance shifted surprisingly quickly. Previously, major global economic, social and environmental issues were debated in the small, increasingly unrepresentative and often times ineffectual circle of G8 leaders. Now, there is a larger, much more legitimate summit group which can speak for over two-thirds of the world's population and controls 90% of the world's economy.
Topic:
Environment, Globalization, Government, International Cooperation, International Political Economy, and International Affairs

502. After the Doha Débâcle: What Next for the Global Trade System?

Author:
Guy de Jonquières
Publication Date:
09-2008
Content Type:
Policy Brief
Institution:
Chatham House
Abstract:
The troubled history of the Doha trade talks, which suffered their latest breakdown in July 2008, is due to more than differences between members' negotiating positions. It is a symptom of deeper institutional problems in the WTO, as it struggles to adjust to global economic change. At stake are not only prospects for a further push to open world markets, but the primacy of the WTO as the maker and enforcer of the multilateral rules that underpin the international economic order. Although reforms of WTO procedures may be desirable, they will not be enough to restore momentum. WTO members need also to develop a new model of leadership, define a clearer mission for the organization and pursue domestic policies that buttress its role. It is unclear whether governments possess the political energy or commitment required to undertake that effort. But continued drift risks weakening the organization and could, in the longer term, undermine the integrity of the rules-based trade system.
Topic:
International Relations, Economics, Globalization, International Political Economy, and International Trade and Finance

503. Synchronized Dive into Recession: Focus on Damage Limitation

Author:
Vanessa Rossi
Publication Date:
10-2008
Content Type:
Policy Brief
Institution:
Chatham House
Abstract:
The global financial system has suffered a once-in-a-century meltdown that almost brought the world economy to a halt in late September. Confidence and trust have been shattered. In spite of concerted and extraordinary efforts on the part of central banks and political leaders, including recapitalizing the banks, it is not yet certain that the waves of panic and destruction have been halted. Many of the repercussions have yet to emerge, including possible legal action as well as economic damage. Even before this latest explosion, the leading OECD economies were plunging into an unusually synchronized recession, driven by the simultaneous collapse in consumer and business spending. This will now get worse.
Topic:
Debt, Economics, Globalization, International Political Economy, and Markets

504. The FDI Recession Has Begun

Author:
Karl Sauvant
Publication Date:
11-2008
Content Type:
Working Paper
Institution:
Institute for Latin American and Iberian Studies at Columbia University
Abstract:
With $1.8 trillion (according to UNCTAD), world foreign direct investment (FDI) flows reached an all-time high last year. All major regions benefitted from increased flows. But that was then. What is, and will be, the impact of the financial crisis and the recession on FDI flows this year and next?
Topic:
Economics, International Political Economy, and International Trade and Finance
Political Geography:
Africa, Russia, Central Asia, and Latin America

505. Measuring Eco-Innovation

Author:
René Kemp
Publication Date:
01-2008
Content Type:
Policy Brief
Institution:
United Nations University
Abstract:
Policymakers are constantly searching for ways to reconcile the goals of economic growth and environmental protection. Underlying this is the belief that the introduction of cleaner technologies and more efficient environmental management processes could help reduce the costs of environmental protection and contribute to growth and jobs.
Topic:
Climate Change, Environment, Globalization, International Political Economy, Markets, and Political Economy

506. Georgia: Breakdown of Vision the West Had for a New Europe

Author:
Robert E. Hunter
Publication Date:
09-2008
Content Type:
Journal Article
Journal:
European Affairs
Institution:
The European Institute
Abstract:
The post-cold war vision proffered by the U.S. and its allies in NATO was an inclusive model of security for all the countries in Europe and for Russia and its neighbors to the south. Russia's leadership has turned away from it, but the vision remains sound and open to Moscow – if the Kremlin thinks wisely about the future.
Topic:
Security, NATO, and International Political Economy
Political Geography:
Russia, United States, Europe, and Georgia

507. SWF's Are Making Political Waves in the U.S. and EU

Author:
Thomas J. Karol
Publication Date:
09-2008
Content Type:
Journal Article
Journal:
European Affairs
Institution:
The European Institute
Abstract:
Western countries need and largely welcome the fresh capital that can be injected by SWFs. But these funds are liable to arouse controversy, often because they are run by countries disliked in the West. Their tax-free status (as government-owned entities) may offer politicians a handle on these funds.
Topic:
Economics, Globalization, Government, and International Political Economy
Political Geography:
United States

508. A Pragmatist's View of Global Geopolitics

Author:
Hubert Védrine
Publication Date:
09-2008
Content Type:
Journal Article
Journal:
European Affairs
Institution:
The European Institute
Abstract:
The former French foreign minister takes off the rose-tinted glasses in which the world appears to be an “international community” of enlightened governments ready to work for the general good. International stability requires policy-makers to channel national interests and power.
Topic:
International Political Economy

509. The Demilitarization of Europeans

Author:
Michael Mosettig
Publication Date:
09-2008
Content Type:
Journal Article
Journal:
European Affairs
Institution:
The European Institute
Abstract:
Where Have all the Soldiers Gone? The Transformation of Modern Europe. By James J. Sheehan. Reviewed by Michael Mosettig A cogent reading of 20th-century history in which the author recounts how Europe became “a military state” and then after the cold war reacted against that trend to become a “civilian state” – in which dying in wars was no longer part of the social contract. Now, martial values may be due for revival.
Topic:
International Relations and International Political Economy
Political Geography:
Europe

510. Making sense of Sarkozy's Union for the Mediterranean

Author:
Michael Emerson
Publication Date:
03-2008
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
resident Sarkozy's proposed Union for the Mediterranean (or UMed) has so far been poorly conceived and, to say the least, awkwardly presented politically. However this does not mean that nothing good can come of it. The Barcelona process and its confusing combination with the European Neighbourhood Policy (ENP) have neither been a disaster nor a brilliant success. There is a case for streamlining a single European Mediterranean policy, rationalising and properly integrating Barcelona, the ENP and new ideas that the UMed initiative may produce. Both Italy and Spain as well as the South Mediterranean states themselves appear concerned not to undermine the existing structures (Barcelona and ENP). Steps could be made to lighten the overweight participation of the EU and all its 27 member states in too many meetings with too many participants and too few results, drawing on models that have emerged in the EU's Northern maritime regions. However, the EU as a whole will not agree to delegate the essential initiative on strategic matters to just its Southern coastal states – as has been made clear in recent exchanges between President Sarkozy and Chancellor Merkel. In addition the EU will also want to maintain a balance between its Northern and Southern priorities, and if the UMed becomes a new impetus for the South, an equivalent but different policy move can be contemplated for the EU's East European neighbours
Topic:
International Relations, Security, Foreign Policy, International Political Economy, and Regional Cooperation
Political Geography:
Europe, Spain, Italy, and Barcelona