In a recent Perspective, Beugelsdijk, Hennart, Slangen, and Smeets warned readers about biases in the measure of FDI stock. They are to be congratulated for pushing readers to be careful in the use of data.
Topic:
Development, Economics, Emerging Markets, International Trade and Finance, and Foreign Direct Investment
Over the past several decades, dozens of countries have established truth commissions and other bodies to investigate mass atrocities or systematic human rights abuse. Lessons learned from past truth-finding processes are invaluable to help address the legacies of human rights violations in countries transitioning to democratic regimes in the Middle East and North Africa and elsewhere. Truth commissions aim to uncover and acknowledge abuses from the past by recognizing the suffering of victims and making recommendations to prevent a recurrence of violence in the future. When convening authorities establish a truth commission, they need to select a process to choose the commission's membership, decide on the subject matter and a deadline for the work it will do as well as its legal powers, its duration and the extent to which its work is public. USIP has established a Truth Commissions Digital Collection (http://www.usip.org/publications/truth-commission-digital-collection) that provides summaries and vital statistics of 41 past commissions from 35 countries, along with copies of most of their legal charters and final reports. Each commission has a dedicated page along with information on subsequent developments, such as reforms, prosecutions and reparations to victims. The Truth Commissions Digital Collection is a resource for researchers and implementers seeking to learn and apply lessons from the past to make current “truth processes” more effective.
Topic:
Conflict Prevention, Genocide, Human Rights, Human Welfare, and Torture
Women are Haiti's 'potomitan' (centerposts), playing pivotal roles in matters of family, education, health, commerce and the economy, and agriculture. Gender-based violence has been and continues to be a very real threat to the security and well-being of Haitian women and their families. Deficient access to education and healthcare, and misguided agricultural policies, have exacerbated women's burdens. Improved social, economic and political empowerment of women is vital to rebuilding Haiti.
Topic:
Security, Agriculture, Economics, Education, Gender Issues, and Health
The relevance of ammunition control measures and their inclusion in global agreements and instruments have sparked an animated debate in the international arms control community. Within the ammunition control debate, ammunition marking is among the most contentious issues.
Topic:
Security, Arms Control and Proliferation, International Cooperation, Peace Studies, and Treaties and Agreements
Despite the hyperbole surrounding it, the proposal to roll back the DoD budget plan for 2013-2017 by $260 billion, asserted by Defense Secretary Panetta last fall, doesn't amount to much of a reduction from recent spending levels – about 4 percent in real terms. The roll back does appear more significant when measured against the administration's earlier spending plans for 2013-2017. But that's only because those earlier plans had aimed to continue the real growth in the Pentagon's base budget that had been underway since 1998.
Topic:
Arms Control and Proliferation, Government, and Weapons of Mass Destruction
Dilma Rousseff took over the presidency of Brazil a year ago. Her government's policy has been marked by a general continuity of the directions set during President Luiz Inacio Lula da Silva's tenure (2003–2010). The largest Latin American country keeps growing economically and improving in social indicators, and at the same time is gaining ground as an increasingly influential global player.
Topic:
Economics, Emerging Markets, International Trade and Finance, and Bilateral Relations
Successive plans to restore confidence in the euro area have failed. Proposals currently on the table also seem likely to fail. The market cost of borrowing is at unsustainable levels for many banks and a significant number of governments that share the euro.
Topic:
Political Economy, Regional Cooperation, and Monetary Policy
The United States suffers from a severe self-inflicted wound. Together, federal and state governments impose almost the highest corporate tax rate found among advanced countries, 39 percent. Only Japan is fractionally higher. The high US rate has adverse consequences—lost investment, lost jobs, and less innovation—and goes a long way to explain slipping US competitiveness in the world economy.
Topic:
Economics, Industrial Policy, International Trade and Finance, and Markets
Legislation to reform Japan Post is again gathering steam in Tokyo. The real question is whether the latest act in this long- running drama will represent true reform or in fact will camouflage an entrenchment of Japan Post's formidable monopoly powers. Antireform proposals being lined up for consideration in the Diet would indefinitely extend effective government control of Japan Post's financial arms (thereby reversing the Koizumi era reforms). On the other hand, reform forces in the Japanese government want new legislation to guarantee a level playing field in banking and insurance between Japan Post and private firms, whether domestic or foreign.
Topic:
Economics, Government, International Trade and Finance, and Natural Disasters
Doom and gloom about the euro abounds. An increasing number of commentators and economists, including here at the Peterson Institute, have begun to question whether the common currency can survive.
Topic:
Economics, International Trade and Finance, Political Economy, Regional Cooperation, and Financial Crisis