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1. Strengthening the Debt Sustainability Framework for Caribbean Small States

Author:
Cyrus Rustomjee
Publication Date:
08-2017
Content Type:
Policy Brief
Institution:
Centre for International Governance Innovation
Abstract:
Since 2005, two debt sustainability frameworks and country-level debt sustainability analyses designed by the International Monetary Fund and World Bank have provided standardized tools to measure and assess debt sustainability. While they have a number of advantages, the utility of these tools for small states is limited by several factors, including insufficient treatment of exogenous shocks, limitations in the tools used to assess debt sustainability and a narrow definition of debt sustainability. This has reduced their reliability in assessing debt sustainability and as a mechanism to help inform both countries’ debt management policies and donor, lender and investor decision making. Several practical modifications can strengthen these tools and improve their utility for small states.
Topic:
International Political Economy
Political Geography:
Caribbean

2. Developing the Blue Economy in Caribbean and Other Small States

Author:
Cyrus Rustomjee
Publication Date:
03-2016
Content Type:
Policy Brief
Institution:
Centre for International Governance Innovation
Abstract:
The world’s oceans are crucial to human life. They cover 71 percent of the earth’s surface and contain 97 percent of the earth’s water (Oceanic Institute 2016); provide vital ecosystem services; serve as a growing source of renewable energy and make crucial contributions to global food production and food security, through the provision of food, minerals and nutrients. Fish provide 4.3 billion people with about 15 percent of their intake of animal protein (UN Food and Agriculture Organization [FAO] 2014b). Over 3.1 billion people live within 100 km of the ocean or sea in about 150 coastal and island nations (FAO 2014a), and global ocean economic activity is estimated to be US$3–5 trillion (FAO 2014b). Oceans and seas serve as waterways for global trade, with more than 90 percent of global trade carried by sea (International Maritime Organization 2012). Some 880 million people depend on the fisheries and aquaculture sector for their livelihoods (ibid.). Recognition of the services and resources provided by oceans has accelerated in recent years, spurred by the opportunities and challenges posed by a rapidly growing global population, increasing global demand for food and energy, advances in technology, and changes in patterns of global trade and human consumption. Developed countries have expanded fisheries, tourism and other oceanic and maritime industries; extended mineral exploration and extraction; and scaled up ocean-related scientific, technological and industrial research. Using increased knowledge of marine biodiversity, they have developed new value chains in pharmaceuticals, health care and aquaculture; and many have established integrated national ocean economy strategies, bringing together the regulatory, environmental, spatial, policy, institutional, industrial and other factors influencing their ability to exploit maritime resources.
Topic:
Environment, Political Economy, Maritime Commerce, Biosecurity, and Natural Resources
Political Geography:
Caribbean and Global Focus

3. Vertically Integrated Peace Building and Community Violence Reduction in Haiti

Author:
Timothy Donais and Geoff Burt
Publication Date:
02-2014
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
Gang-driven violence in the urban slums of Haiti's capital, Port-au-Prince, has been a preoccupation of international peace-building efforts for the past decade, yet continues to pose a serious threat to peace and stability in the country. These communities have, in recent years, been the site of an ongoing series of experiments, involving a range of different actors, aimed at reclaiming them from armed gangs; however, the isolated and fragmented nature of these interventions has reduced their cumulative impact. This paper makes a case for greater coherence and coordination between bottom-up community violence reduction efforts and top-down police reform, based on a broader argument around the importance of "vertically integrated peace building." Based on field interviews with community leaders as well as officials from both the UN and the Haitian government, this paper suggests that, in the public security realm as elsewhere, the careful integration of top-down and bottom-up efforts represents an important avenue for strengthening state-society relations, increasingly recognized as a crucial component of any sustainable peace-building process.
Topic:
Security, Political Violence, Peace Studies, Fragile/Failed State, and Peacekeeping
Political Geography:
United Nations and Caribbean

4. Promoting the International Use of Emerging Country Currencies: The Case of Local Currency Debt Issuance for Latin America and the Caribbean

Author:
Andrew Powell
Publication Date:
01-2014
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
There are many dimensions to the international use of a nation's currency. These include the use of a currency for trade invoicing and settlement, the use of a currency to denominate assets to be held as a store of value, for example, as central bank reserves, and the use of a currency to denominate liabilities such as loans or bonds.
Topic:
Debt, Economics, and Governance
Political Geography:
Latin America and Caribbean

5. The Caribbean Maritime Transportation Sector: Achieving Sustainability through Efficiency

Author:
Fritz H. Pinnock and Ibrahim A. Ajagunna
Publication Date:
03-2012
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
The port structure of the Caribbean has been heavily influenced by global change over the last 200 years. The historical context — colonialism, piracy and slavery — meant that ports were originally designed to serve colonial interests. The advent of containerization and globalization have dramatically changed cargo shipping, while at the same time, cruise tourism has increased significantly — the Caribbean accounts for 50 percent of the global market — which means that cargo and cruise ships now compete for limited berth space.
Topic:
International Trade and Finance, Post Colonialism, Science and Technology, and Maritime Commerce
Political Geography:
Caribbean

6. From Private Security to Public Good: Regulating the Private Security Industry in Haiti

Author:
Geoff Burt
Publication Date:
06-2012
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
Haiti, like many countries, relies heavily on private security companies to protect people and property. However, while the private security industry has a vital role to play in stabilizing the country, it has long functioned without effective government oversight. Haiti's security sector reform (SSR) process has begun to address this shortcoming. The paper analyzes the current state of the private security industry in Haiti and the legal framework under which it operates, and makes recommendations for how a reformed legal and regulatory regime can guide the next phase of its development, based on interviews with owners and agents of private security companies, industry associations, senior Haitian police personnel, United Nations (UN) planners and parliamentary leaders. The paper concludes that genuine consultation and partnership between the government, industry and civil society is required, if SSR programs in Haiti and elsewhere are to successfully marshal private resources towards the public good.
Topic:
Security, Civil Society, and United Nations
Political Geography:
Caribbean and Haiti

7. Security Sector Reform in Haiti One Year After the Earthquake

Author:
Isabelle Fortin
Publication Date:
03-2011
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
When the January 12, 2010 earthquake hit Haiti, the country was in the midst of a second round of security and justice system reforms supported by the international community. The quake killed hundreds of thousands of people, including some who played a critical role in implementing these reforms. Damaged infrastructure and casualties in key justice and security positions hindered the existing security institutions' ability to respond to the problems caused by the destruction. This paper examines how the security and justice reforms were affected by the earthquake, and the new security challenges faced by the population in the post-earthquake period. The disaster provides an opportunity to consider security justice matters through a new lens. Security and justice reform is the responsibility of everyone - the public, businesses, the police, judges and civil society organizations. Cooperation between all of these groups is needed to establish the accountability mechanisms required to effectively steer Haiti's transformation process.
Topic:
Security, Natural Disasters, and Law Enforcement
Political Geography:
Caribbean

8. Fostering Growth and Development in Small States through Disruptive Change: A Case Study of the Caribbean

Author:
Avinash D. Persaud
Publication Date:
10-2011
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
The desks of civil servants in small states are stacked with yellowing consultancy reports from multilateral agencies on the need to generate sustainable jobs and growth, attract investment, bolster infrastructure and institutions, and improve the efficiency and reduce the expense of government. The real question is not what, but why? Why, in spite of everything we know, are many small states, especially those in the Caribbean, trapped in a zone of low growth, stagnation or relative decline? Policy makers face physical and financial constraints and implementation deficiencies, but the overriding constraint, even more so than in other countries, is political economy.
Topic:
Development, Economics, International Trade and Finance, Poverty, and Maritime Commerce
Political Geography:
Caribbean

9. Fostering Growth and Development in Small States through Disruptive Change: A Case Study of the Caribbean

Author:
Avinash D. Persaud
Publication Date:
10-2011
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
The desks of civil servants in small states are stacked with yellowing consultancy reports from multilateral agencies on the need to generate sustainable jobs and growth, attract investment, bolster infrastructure and institutions, and improve the efficiency and reduce the expense of government. The real question is not what, but why? Why, in spite of everything we know, are many small states, especially those in the Caribbean, trapped in a zone of low growth, stagnation or relative decline? Policy makers face physical and financial constraints and implementation deficiencies, but the overriding constraint, even more so than in other countries, is political economy.
Topic:
Development, Economics, Globalization, and Foreign Direct Investment
Political Geography:
Caribbean

10. Social Partnerships and Development: Implications for the Caribbean

Author:
Indianna D. Minto-Coy
Publication Date:
12-2011
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
The effects of the ongoing global financial crisis have intensified the existing economic issues facing the Commonwealth Caribbean, including declining investment, productivity levels and employment opportunities for its citizens. Although the current crisis presents challenges for governments in the region, it also offers an opportunity for these countries to implement innovative solutions to contend with the short-term effects of the financial crisis, while addressing long-standing problems. A solution that has been successful in Botswana, Ireland and Barbados, is the use of social partnerships. Undertaken while these countries were facing economic and social crises, social partnership as a specific governance model allowed them to achieve levels of development and stability that other states yearn to attain.
Topic:
Development, Economics, Labor Issues, Foreign Direct Investment, Financial Crisis, and Governance
Political Geography:
Caribbean