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481. Should We Worry About Corporate Leverage?

Author:
Şebnem Kalemli-Özcan
Publication Date:
10-2019
Content Type:
Policy Brief
Institution:
Economics for Inclusive Prosperity (EfIP)
Abstract:
There has been a large increase in corporate leverage in many countries since the early 2000s. Figure 1 plots corporate debt to GDP since 2002 for different groups of countries. With the exception of the U.S., both advanced economies and emerging markets have corporate debt exceeding GDP since 2005. U.S. corporate debt is also on an increasing trend. The fastest growth in corporate debt has been observed in emerging markets. A closer look will reveal that China and other fast growing emerging countries in Asia drive most of the increase in corporate debt for the emerging markets.
Topic:
Debt, Economics, Markets, Regulation, Multinational Corporations, and Economic Policy
Political Geography:
United States and Global Focus

482. A World Dividing: The International Implications of the Sino-American Rift

Author:
Chas W. Freeman Jr.
Publication Date:
11-2019
Content Type:
Policy Brief
Institution:
Quincy Institute for Responsible Statecraft
Abstract:
The Trump administration has declared economic war on China. The United States has raised taxes on Chinese imports to levels not seen since the Smoot–Hawley tariffs of the Great Depression. Over the course of this year, Chinese imports of American goods have decreased by 26.4 percent, while China’s exports to the United States are down 10.7 percent. Washington has embargoed exports to China of a constantly expanding list of high-tech manufactures. It seeks to block Chinese telecommunications companies from third-country markets. The United States has mounted a vigorous campaign to persuade other countries to reject Chinese investments in their infrastructure, notably in the case of 5G telecommunications networks.
Topic:
International Trade and Finance, Global Political Economy, Trade Wars, International Community, and Exports
Political Geography:
United States, China, Asia, and Global Focus

483. Enough Toxic Militarism

Author:
Nikhil Pal Singh
Publication Date:
12-2019
Content Type:
Policy Brief
Institution:
Quincy Institute for Responsible Statecraft
Abstract:
I teach college students at New York University’s campus on Washington Square in Manhattan and in its prison program in upstate New York. My students have never lived in a time when the United States was not at war. Growing up after the Vietnam War, when the United States had converted to an all-volunteer military, the great majority of my N.Y.U. students have not served in uniform, although the military is more likely to be a stop on the itinerary, or part of family experience, for those who end up in prison. For most of them, the wars in which U.S. soldiers and support personnel have been engaged on three continents for the past two decades retain a hazy, distant, and amorphous character; this perception is also typical now among civilian noncombatants. That the consequences of war-fighting remain seemingly remote ironically reinforces war as a natural and unchanging backdrop to social life in the United States today. We are overdue for a major cost accounting and reappraisal of these permanent wars.
Topic:
Foreign Policy, Military Strategy, Military Affairs, Domestic politics, and Military Intervention
Political Geography:
United States

484. The U.S.-South Korea Alliance: Toward a Relationship of Equals

Author:
Jessica J. Lee
Publication Date:
11-2019
Content Type:
Policy Brief
Institution:
Quincy Institute for Responsible Statecraft
Abstract:
President Trump contends that “very rich and wealthy countries” like the Republic of Korea should pay more for American troops stationed in their countries. While a more balanced burden-sharing arrangement is necessary, the U.S.’s demand for a five-fold increase in South Korea’s contribution, from $924 million to $5 billion, threatens to tear apart the bilateral relationship and undermines U.S. interests on the Korean Peninsula. The issue demanding attention is not who pays how much, but whether the existing terms of the U.S.–ROK security relationship remain pertinent or must be revised. The long-term goal of U.S. grand strategy should be to facilitate the creation of a peaceful global order consisting of fully sovereign, law-abiding states capable of providing for their own security. Any state that hosts foreign forces and relies on those forces for its defense is not fully sovereign: It is dependent upon others to ensure its security. This describes the Republic of Korea today.
Topic:
Diplomacy, International Cooperation, Nuclear Weapons, Liberal Order, and Alliance
Political Geography:
United States, Asia, and South Korea

485. Human Rights Council Investigative Mechanisms and Mass Atrocity Prevention

Author:
Global Centre for the Responsibility to Protect
Publication Date:
11-2019
Content Type:
Policy Brief
Institution:
The Global Centre for the Responsibility to Protect
Abstract:
Since the principle of the Responsibility to Protect (R2P) was unanimously adopted at the 2005 UN World Summit, the international community has looked to the UN Security Council in New York to respond when a government has been unwilling or unable to protect its population from war crimes, crimes against humanity, genocide or ethnic cleansing. Paragraphs 138-139 of the World Summit Outcome Document recognize the Security Council’s unique role with regard to upholding the international community’s responsibility to protect as the body primarily responsible for the maintenance of international peace and security. However, the Human Rights Council (HRC) and other Geneva-based mechanisms are also essential for preventing atrocity crimes. Since systematic or widespread human rights violations serve as early warning signs of possible atrocities, Geneva-based mechanisms are often the first to raise the alarm regarding situations where violations and abuses threaten to deepen or deteriorate. Such mechanisms play an important role in enabling the international community to assist states in preventing mass atrocities (R2P’s Pillar II) and respond in a timely and decisive manner to atrocity risks (Pillar III).
Topic:
Human Rights, International Law, Responsibility to Protect (R2P), UN Security Council, and Atrocities
Political Geography:
United Nations and Global Focus

486. Q&A: The International Court of Justice & the Genocide of the Rohingya

Author:
Global Centre for the Responsibility to Protect
Publication Date:
11-2019
Content Type:
Policy Brief
Institution:
The Global Centre for the Responsibility to Protect
Abstract:
FACTSHEET | NOVEMBER 2019: Starting in October 2016 and then again in August 2017, Myanmar’s security forces engaged in so-called “clearance operations” against the Rohingya, a distinct Muslim ethnic minority, in Rakhine State, Myanmar. The operations, in particular those that started in August 2017, were characterized by brutal violence and serious human rights violations on a mass scale. Survivors report indiscriminate killings, rape and sexual violence, arbitrary detention, torture, beatings, and forced displacement. Reports have also shown that security forces were systematically planning for such an operation against the Rohingya even before the purported reason for the violence — retaliation for small scale attacks committed by the Arakan Rohingya Salvation Army (ARSA) — occurred. As a result, an estimated 745,000 people — mostly ethnic Rohingya — were forced to flee to Bangladesh. According to the UN Human Rights Council-mandated Independent International Fact-Finding Mission on Myanmar (FFM), the treatment of the Rohingya population during the “clearance operations” amounts to genocide, crimes against humanity, and war crimes, the commission of which evokes specific obligations and responsibility under international law. In its final report, published in September 2019, the FFM concluded that “the State of Myanmar breached its obligation not to commit genocide” and found that Myanmar “continues to harbor genocidal intent” towards the Rohingya. On November 11, 2019, The Republic of The Gambia filed suit against Myanmar in the International Court of Justice (“ICJ”) for violating the Genocide Convention. This momentous lawsuit brings a critical focus to Myanmar’s responsibility as a state for genocide and compliments ongoing investigations into individual accountability. This fact sheet answers fundamental questions about the ICJ case, and seeks to clarify available avenues for justice for the crimes committed against the Rohingya population.
Topic:
Genocide, Human Rights, International Law, United Nations, State Violence, Atrocities, and International Court of Justice (ICJ)
Political Geography:
Asia, Southeast Asia, and Myanmar

487. The Persecution of the Uighurs and Potential Crimes Against Humanity in China

Author:
Global Centre for the Responsibility to Protect
Publication Date:
04-2019
Content Type:
Policy Brief
Institution:
The Global Centre for the Responsibility to Protect
Abstract:
The treatment of Uighurs and other Turkic Muslim minorities in the Xinjiang Uighur Autonomous Region has increased concerns over the risk of widespread and systematic human rights abuses and violations in China. The government’s approach to combatting religious extremism has resulted in the arbitrary detention of up to one million Uighurs, severe restrictions on religious practice, and pervasive surveillance and control of the entire Muslim population of Xinjiang. A new joint policy brief by the Asia-Pacific Centre for the Responsibility to Protect and the Global Centre for the Responsibility to Protect asserts that these policies may constitute crimes against humanity under international law. The policy brief provides an overview of China’s response to growing international pressure to halt the persecution of Uighurs and other Turkic Muslims in the Xinjiang region and offers recommendations on how to comprehensively address these issues.
Topic:
Human Rights, International Law, Islam, Ethnicity, Freedom of Expression, Responsibility to Protect (R2P), Atrocities, and Crimes Against Humanity
Political Geography:
China, Asia, and Xinjiang

488. Darkness at noon: deforestation in the new authoritarian era

Author:
Susanna B. Hecht
Publication Date:
12-2019
Content Type:
Policy Brief
Institution:
Centre for International Environmental Studies, The Graduate Institute (IHEID)
Abstract:
The dramatic Amazon fires images of Au-gust 2019 triggered a geopolitical outcry. Brazilian President Bolsonaro, however, unflinchingly continues to support his destructive model of Amazonian development. This article recalls the extent of the disaster and delves into the reasons behind such disdain for environmental concerns.
Topic:
Agriculture, Climate Change, Development, and Environment
Political Geography:
Brazil and Latin America

489. Lessons from South Africa’s 2019 Elections

Author:
Rhoda Osei-Afful
Publication Date:
12-2019
Content Type:
Policy Brief
Institution:
Ghana Center for Democratic Development
Abstract:
The ANC's 50-50 policy ensured that 50% of its candidate list for Natonal Assembly seats were women.
Topic:
Politics, Elections, Democracy, and Political and institutional effectiveness
Political Geography:
Africa, South Africa, and Ghana

490. The Way Forward for Legal Education Reform in Ghana

Author:
S. Kwaku Asare
Publication Date:
10-2019
Content Type:
Policy Brief
Institution:
Ghana Center for Democratic Development
Abstract:
Abstract
Topic:
Education, Law, and Legal Theory
Political Geography:
Africa and Ghana