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12. Rethinking the Financial Design of the World Bank
- Author:
- Devesh Kapur and Arjun Raychaudhuri
- Publication Date:
- 01-2014
- Content Type:
- Working Paper
- Institution:
- Center for Global Development
- Abstract:
- Since their inception, through 2012, the institutions comprising the World Bank group have been involved in lending nearly a trillion dollars. In this paper, we focus on the IBRD, which is the core of the World Bank. The IBRD has the potential to continue to grow and be an important player in official financial flows, supporting critical long-term development projects with large social returns, in sectors ranging from infrastructure, social sectors, or environment.
- Topic:
- Development, Economics, Environment, Foreign Aid, Infrastructure, and World Bank
- Political Geography:
- Europe
13. External State-Building and Why Norms Matter - The European Union's Fight against Corruption in the Southern Caucasus
- Author:
- Tanja A. Börzel and Vera van Hüllen
- Publication Date:
- 04-2014
- Content Type:
- Working Paper
- Institution:
- Collaborative Research Center (SFB) 700
- Abstract:
- This paper asks under which conditions the state-building efforts of external actors in areas of limited statehood are likely to be effective. We argue that the legitimacy of the specific norms promoted by external actors among local actors is crucial for their success in strengthening state capacities. International norms need to resonate with the dominant domestic discourse on political reforms. To substantiate our argument, we focus on the European Union's (EU) anti-corruption programs and their implementation in one of the most corrupt regions in the world, the Southern Caucasus. We show that legitimacy can explain why the EU's fight against corruption helped reduce corruption in Georgia but not in Armenia. In both countries, political elites could selectively use anti-corruption programs as an instrument against political opponents using enhanced state capacities to stabilize the incumbent regime. Only in Georgia, however, the fight against corruption was facilitated by sustained domestic mobilization for anti-corruption policies that added pressure on political elites 'from below.'
- Topic:
- International Cooperation and Foreign Aid
- Political Geography:
- Europe and Georgia
14. Bosnia's Future
- Publication Date:
- 07-2014
- Content Type:
- Working Paper
- Institution:
- International Crisis Group
- Abstract:
- Bosnia and Herzegovina (BiH, or Bosnia) poses little risk of deadly conflict, but after billions of dollars in foreign aid and intrusive international administration and despite a supportive European neighbourhood, it is slowly spiralling toward disintegration. Its three communities' conflicting goals and interests are a permanent source of crisis, exacerbated by a constitution that meets no group's needs. The political elite enjoys mastery over all government levels and much of the economy, with no practical way for voters to dislodge it. The European Union (EU) imposes tasks BiH cannot fulfil. A countrywide popular uprising torched government buildings and demanded urgent reforms in February 2014, but possible solutions are not politically feasible; those that might be politically feasible seem unlikely to work. Bosnia's leaders, with international support, must begin an urgent search for a new constitutional foundation.
- Topic:
- Foreign Aid and Reform
- Political Geography:
- Europe, Bosnia, and Herzegovina
15. Danish Foreign Policy Yearbook 2014
- Author:
- Nanna Hvidt and Hans Mouritzen (eds.)
- Publication Date:
- 08-2014
- Content Type:
- Book
- Institution:
- Danish Institute for International Studies
- Abstract:
- Danish Foreign Policy and the activities of the Ministry of Foreign Affairs in 2013 were marked by the continuing economic and political diffusion of power on the global stage – a development that generates dynamism and new opportunities in the globalised world, but also challenges the position of Europe. The Permanent Secretary of State for Foreign Affairs describes the political and economic developments in the world – which have led to a far-reaching reorganisation of Danish diplomatic representations abroad – and analyses the most important Danish foreign policy priorities of 2013. The article emphasizes trends in the EU, in international security, and regarding the Arctic and the transatlantic dimensions, as well as developments in the Middle East, Asia and Africa, and finally global development trends.
- Topic:
- Foreign Policy, Defense Policy, Economics, and Foreign Aid
- Political Geography:
- Africa, Europe, Middle East, and Asia
16. A Democratic Rentier State? Taxation, Aid Dependency, and Political Representation in Benin
- Author:
- Giulia Piccolino
- Publication Date:
- 09-2014
- Content Type:
- Working Paper
- Institution:
- German Institute of Global and Area Studies
- Abstract:
- Drawing on the history of statebuilding in Western Europe, fiscal sociology has proposed the existence of a mutually reinforcing effect between the emergence of representative government and effective taxation. This paper looks at the case of Benin, a low-income West African country that underwent a fairly successful democratization process in the early 1990s. It finds, in contrast to previous studies that have emphasized dependency on aid rents, that Benin appears to have reinforced its extractive capacities since democratization. However, the effect of democratization has been largely indirect, while other factors, such as the influence of the International Financial Institutions (IFIs) and the size of the country's informal sector, have played a more direct role in encouraging or inhibiting tax extraction. Nevertheless, the hypothesis that effective taxation depends on a quasiconsensual relationship between government and taxpayers finds some confirmation in the Beninese case.
- Topic:
- Democratization, Politics, and Foreign Aid
- Political Geography:
- Europe and West Africa
17. Ukraine: Stress at the IMF
- Author:
- Susan Schadler
- Publication Date:
- 10-2014
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- In April 2014, in a departure from its normal aversion to lending to countries in conflict, the International Monetary Fund (IMF) approved a US$17 billion loan to Ukraine to be disbursed over two years. At the time, Ukraine was three weeks away from a presidential election; engaged in combat with an armed separatist movement backed by Russia, its largest trading partner and supplier of energy; and experiencing a significant drain in foreign exchange reserves and bank deposits along with soaring yields on sovereign debt. The country was also reaping the returns of decades of economic mismanagement. Dire from both political and economic perspectives, the situation had the markings of a case where the IMF has the expertise to be usefully engaged, but there were also red flags demarcating circumstances that can hobble the IMF's effectiveness.
- Topic:
- Economics, International Monetary Fund, and Foreign Aid
- Political Geography:
- Europe and Ukraine
18. The Post-2015 Agenda and the EU: Faltering in the Global Development Partnership?
- Author:
- Marikki Stocchetti
- Publication Date:
- 12-2013
- Content Type:
- Policy Brief
- Institution:
- Finnish Institute of International Affairs
- Abstract:
- The era of the Millennium Development Goals and the Millennium Declaration expires in September 2015. As the largest donor of international development aid and trader with the developing countries, the EU has a key interest in the future outcome. It has also made binding commitments to support developing countries' own efforts to fulfil the present goals, as well as to act as a global partner. In the ongoing consultation process, the UN is pushing ahead with an enabling, universal development paradigm with an enhanced development partnership that goes well beyond traditional development assistance. Whereas the EU and the UN share common ground on human rights, governance and security issues, their preliminary proposals differ significantly on the question of a global partnership. The European Commission has tabled a proposal for the Union that is still based on a very conventional donor-recipient approach, which the UN seeks to reject. The European Commission proposal is problematic because it fails to present a comprehensive analysis of the current Millennium Development Goal on a global partnership, especially regarding trade and debt issues. Instead, it focuses on developing countries' domestic policies. The EU still has time to correct this as the process unfolds. Should it fail to do so, it is highly unlikely that other donors will take up the UN proposal and push it through in the inter-governmental negotiations.
- Topic:
- Development, Economics, Human Rights, Foreign Aid, and Governance
- Political Geography:
- Europe and United Nations
19. The EEA and Norway Grants: Source of Norwegian influence or soft power?
- Author:
- Rieker Pernille and Tom O. Johnsen
- Publication Date:
- 02-2013
- Content Type:
- Working Paper
- Institution:
- Norwegian Institute of International Affairs
- Abstract:
- For nearly 20 years, Norway has contributed financially to less wealthy EU countries. From €120 million (1994–1998) these contributions have reached nearly €1.8 billion for the period 2009–2014. What exactly does Norway get in return? Should the Grants simply be understood as an act of solidarity? Or do the financial contributions serve as a source of soft power providing increased influence in the EU? The objective of this article is not to assess whether the Grants have helped to reduce economic and social disparities, nor to explain why the Grants emerged. We focus on how and to what extent Norway has had and can have political advantage from these contributions, in relations with the EU and the beneficiary states. This article serves as a case-study examining the relation between a policy (the Grants) and soft power.
- Topic:
- Economics, Political Economy, Regional Cooperation, Power Politics, and Foreign Aid
- Political Geography:
- Europe
20. Linking instruments in development and foreign policy: Comprehensive approaches in the EU
- Author:
- Christel Vincentz Rasmussen
- Publication Date:
- 08-2013
- Content Type:
- Working Paper
- Institution:
- Danish Institute for International Studies
- Abstract:
- The EU is currently working at defining a comprehensive approach linking development and other instruments in external action. The Lisbon Treaty has contributed to a reorganisation of the institutions in Brussels, affecting crisis management structures and the organisation of external relations. Comprehensive approaches are not new in the EU system, in particular an integrated approach for conflict prevention and a concept for civil–military coordination were developed in the 2000s. However, a forthcoming communication on a comprehensive approach in external action constitutes an occasion to clarify and operationalise the approach in a new, post-Lisbon, institutional setting as well as consolidating the formal EU commitment to working comprehensively.
- Topic:
- Conflict Resolution, Conflict Prevention, Security, Foreign Policy, Development, Human Rights, Humanitarian Aid, and Foreign Aid
- Political Geography:
- Europe and Brussels