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712. Research on the Effectiveness of International Environmental Regimes: A Review of the State of the Art
- Author:
- Detlef F. Sprinz
- Publication Date:
- 02-1999
- Content Type:
- Working Paper
- Institution:
- International Studies Association
- Abstract:
- This paper reviews the current state of research on the effect of international environmental regimes. In particular, the various concepts of regime effectiveness and methods chosen to establish causal regime effects are compared, followed by a summary of the empirical findings on the degree of regime effectiveness and the explanation of its variation. Subsequently, a range of research challenges is outlined which needs to be addressed in order to make substantive progress, esp. in assessing international regimes over longer time horizons. The paper concludes with lessons which the study of the effect of international environmental regimes offers for international political economy.
- Topic:
- Environment, International Cooperation, and International Political Economy
713. Economic Survey of the Russian Federation, 2000
- Publication Date:
- 12-1999
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- The economic crisis of 1998 has victimised a number of important areas of institutional development and increased social distress among much of the population. A responsible fiscal and monetary response to the crisis, bolstered by a strengthened current account, has helped to stabilise inflation and the exchange rate, although the low level of reserves, the demands of foreign debt service, and threats to the independence of the Central Bank speak for the continued fragility of the achieved level of stability. A restructuring of foreign debt is critical for consolidating trends in the fiscal sphere. While the quick onset of a recovery in GDP in the wake of the weaker rouble is encouraging, delays in structural reforms and low administered input prices raise concern about the quality and sustainability of this growth. The restructuring and regulation of the commercial banking sector continues to pose major challenges to the Central Bank and the Russian government. Throughout a decade of transition, problems in demonetisation and fiscal federalist relations, the particular focus of this Survey, have been important underlying structural obstacles to economic reform. Although some institutional reforms have provided a foundation for a market economy, delays in addressing these and other fundamental problems have impeded efficiency and increased the comparative vulnerability of the Russian economy to external shocks. The future stability and growth of the Russian economy will require the continuation of responsible macroeconomic policies, but depends first and foremost on progress in structural reform, including tax reform, effective institutions of bankruptcy, competition, more decisive and comprehensive measures to combat the process of demonetisation, defend the rule of law, and realise fundamental reform in fiscal federalist relations.
- Topic:
- Economics and International Political Economy
- Political Geography:
- Russia
714. A Cross-Regional Analysis of Civil Society and Democratic Development
- Author:
- Andrew Green
- Publication Date:
- 09-1999
- Content Type:
- Working Paper
- Institution:
- Center for International Studies, University of Southern California
- Abstract:
- Domestic instability often has a deleterious effect at the international level, too, particularly as more states adopt democratic institutions and market-oriented economies. Whether we are talking about failing multi-ethnic states and their impact on the UN and NATO, or about failing economies and their impact on international markets and such international organizations as the IMF and the World Bank, it is clear that the domestic and international levels cannot be separated. While instability may arise from many different sources, the state-society connection is perhaps the most problematic: a democracy in which the only link between citizens and politicians is the electoral connection is a democracy impoverished by stagnant ideas and limited societal input. A state disconnected from society is prone to domestic instability, with negative effects at both the domestic and international levels.
- Topic:
- NATO, Civil Society, Democratization, Economics, Ethnic Conflict, International Political Economy, and Political Economy
- Political Geography:
- United Nations
715. On the Regulation of Telecommunications Markets
- Author:
- Manfred J. Holler
- Publication Date:
- 08-1999
- Content Type:
- Working Paper
- Institution:
- United Nations University
- Abstract:
- This paper discusses the theoretical concepts underlying recent developments in the regulation of telecommunications in Europe, the USA and developing countries with respect to efficiency and welfare. It focuses on analysing standardization problems, pricing rules and entry condition related to networks and network effects and derives preliminary policy recommendations for the telecommunications industry through a discussion of network models and related empirical evidence.
- Topic:
- Emerging Markets, International Political Economy, and Science and Technology
- Political Geography:
- United States and Europe
716. Resource-Led Growth — A Long-Term Perspective: The Relevance of the 1870-1914 Experience for Today's Developing Economies
- Author:
- Ronald Findlay and Mats Lundahl
- Publication Date:
- 07-1999
- Content Type:
- Working Paper
- Institution:
- United Nations University
- Abstract:
- Resource-Led Growth – A Long-Term Perspective surveys the 1870-1914 experience of growth in resource-rich economies: the so-called regions of recent settlement, some tropical countries and some mineral-based export economies. First, three contrasting stylized views of resource-led development are presented. Thereafter the picture of international trade in primary products and the migration of production factors between 1870 and 1914 is sketched. The third section presents some models that may be used to analyse trade and factor movements in the context of resource-rich (staples) economies and provides some details of the experience of fifteen countries: Canada, the United States, Australia and Argentina among the regions of recent settlement, Brazil, Costa Rica, Colombia, Ceylon, Malaya, Burma, Siam and the Gold Coast in the tropical group, and Bolivia, Chile and South Africa among the mineral exporters.
- Topic:
- Economics, Environment, and International Political Economy
- Political Geography:
- United States, Canada, South Africa, Burma, Chile, and Bolivia
717. Liberalization, Globalization, and Income Distribution
- Author:
- Giovanni Andrea Cornia
- Publication Date:
- 03-1999
- Content Type:
- Working Paper
- Institution:
- United Nations University
- Abstract:
- Recent mainstream analyses of changes in income distribution over the post World War II period have concluded that income inequality within countries tends to be stable, that there is no strong association between growth and inequality and that, therefore, poverty is best reduced through growth-oriented, rather than distributive, policies.
- Topic:
- Economics, Globalization, and International Political Economy
718. Wage Reform, Soft Budget Constraints and Competition
- Author:
- Jian Sun
- Publication Date:
- 02-1999
- Content Type:
- Working Paper
- Institution:
- United Nations University
- Abstract:
- Since the beginning of the Chinese economic reforms in 1978, there has been a series of effort to reform the labour compensation practice in state-owned enterprises to strengthen the link between pay and productivity. Despite the reforms, however, rapid increases in wage rates occurred in state-owned enterprises. Moreover, although state-owned enterprises have much lower productivity gains than non-state enterprises, they pay substantially higher wages and have faster wage growth.
- Topic:
- Economics, Globalization, Industrial Policy, and International Political Economy
- Political Geography:
- China and Asia
719. The Asian Currency Crisis: Origins, Lessons and Future Outlook
- Author:
- Abdur Chowdhury
- Publication Date:
- 02-1999
- Content Type:
- Working Paper
- Institution:
- United Nations University
- Abstract:
- What started in the summer of 1997 as a regional economic and financial crisis in East and Southeast Asia had developed into a global financial crisis within the span of a year. This crisis followed the crisis in the European Monetary System in 1992–3 and the Mexican peso crisis in 1994–5. However, unlike the previous two crises, the scale and depth of the Asian crisis surprised everyone. One obvious reason for this is East and Southeast Asia's track record of economic success. Since the 1960s, no other group of countries in the world has produced more rapid economic growth or such a dramatic reduction in poverty. Given so many years of sustained economic performance the obvious question is: how could events in Asia unfold as they did?
- Topic:
- Economics and International Political Economy
- Political Geography:
- Europe, Asia, and Southeast Asia
720. In Praise and Criticism of Mexico's Pension Reform
- Author:
- L. Jacobo Rodriguez
- Publication Date:
- 04-1999
- Content Type:
- Working Paper
- Institution:
- The Cato Institute
- Abstract:
- The privatization of Mexico's government-run pay-as-you-go social security system, which went into effect in July 1997, is the Ernesto Zedillo administration's most important structural reform. It is a measure that, if successful, will help bring much-needed social and economic stability. The Mexican peso crisis of 1994–95 underscore d the fragility of Mexico's economy, its need for independent institutions, and its need for a large pool of long-term domestic savings. An increase in the rate of private savings in Mexico, which this reform will promote, would make the Mexican economy less dependent on short-term fluctuations of international capital flows and, thus, more stable. More important still, the privatization of social security will erect one of the basic pillars of a free society by turning Mexico into a country of property-owning workers.
- Topic:
- Economics, Government, International Political Economy, and Privatization
- Political Geography:
- Latin America and Mexico