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51. Rising powers in Africa: what does this mean for the African peace and security agenda?

Author:
Elling N. Tjønneland
Publication Date:
03-2014
Content Type:
Working Paper
Institution:
Norwegian Centre for Conflict Resolution
Abstract:
Much has been written about the role of the rising or emerging powers and their accelerating economic engagement in Africa. Much less is known about how they contribute to or impact on the African peace and security agenda. This report takes a comparative look at the roles of China, India, Brazil and South African in relation to the African Union and its African Peace and Security Architecture. Each of these four countries has a distinct commercial and corporate approach to Africa, despite a shared political commitment to South-South cooperation. However, as they extend their economic engagement they are becoming more sensitive to insecurity and volatility. The Asian and Latin American countries, which traditionally have strongly emphasised non-intervention, are gradually becoming more involved in the African security agenda. They are increasingly concerned about their image and reputation and the security of their citizens and business interests, and are becoming more prepared to act multilaterally and to work with others in facilitating security and stability. As an African power, South Africa plays a more direct role and has emerged as a major architect of the continent's evolving peace and security architecture. This report summarises elements from a broader research project on rising powers and the African peace and security agenda undertaken by CMI in cooperation with NOREF.
Topic:
Economics, Human Rights, International Cooperation, Regional Cooperation, and International Security
Political Geography:
Africa, India, Asia, South Africa, Brazil, and Latin America

52. Development: Advancement through International Organizations

Author:
Rohinton Medhora and David Malone
Publication Date:
05-2014
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
The familiar world of international organizations principally devoted to development has been upended by two phenomena. First is the emergence of sustained economic success in the developing world (mostly in Asia, but increasingly also in Africa and, in a less spectacular way, Latin America) amid compelling, continuing need among the world's poor. Second, the slow-moving, serious financial and economic crisis of the industrialized world since 2008 has reordered priorities in many of their capitals toward domestic spending and away from costly international projects.
Topic:
Development, Economics, International Cooperation, International Organization, and Financial Crisis
Political Geography:
Africa, Asia, United Nations, and Latin America

53. The rise of FDI income, and what it means for the balance of payments of developing countries

Author:
Miguel Pérez Ludeña
Publication Date:
05-2014
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
Multinational enterprises (MNEs) multiplied their profits made in developing countries by four between 2002 and 2011 (at current prices). In Latin America and the Caribbean, they rose from US$20 billion in 2002 to US$113 billion in 2011. The growth rate has been even higher in Africa and China, but much lower in developed countries. This rise is explained by an increase in FDI stock in developing economies and the higher average profitability of MNEs.
Topic:
Economics, International Trade and Finance, and Foreign Direct Investment
Political Geography:
Africa, China, and Latin America

54. Understanding Latin America's Financial Inclusion Gap

Author:
Liliana Rojas-Suarez and Maria Alejandra Amado
Publication Date:
05-2014
Content Type:
Working Paper
Institution:
Center for Global Development
Abstract:
This paper analyzes Latin America's Financial Inclusion Gap, the difference between the average financial inclusion for Latin America and the corresponding average for a set of comparator countries. At the country level, we assess four types of obstacles to financial inclusion: macroeconomic weaknesses, income inequality, institutional deficiencies and financial sector inefficiencies. A key finding of this paper is that although the four types of obstacles explain the absolute level of financial inclusion, institutional deficiencies and income inequality are the most important obstacles behind the Latin America's financial inclusion gap. From our analysis at the individual level, we find that there is a Latin America-specific effect of education and income. The results suggest that the effect of attaining secondary education on the probability of being financially included is significantly higher in Latin America than in its comparators. Furthermore, the difference in the probability of being financially included between the richest and the poorest individuals is significantly higher in Latin America than in comparator countries.
Topic:
Economics, Education, Human Rights, and Poverty
Political Geography:
Latin America

55. Uncertain Energy: The Caribbean's Gamble with Venezuela

Author:
David L. Goldwyn and Cory R Gill
Publication Date:
07-2014
Content Type:
Working Paper
Institution:
Atlantic Council
Abstract:
It has been nearly ten years since the launch of Petrocaribe, a program designed to win the political loyalty of the Caribbean states through generous credit subsidies to help import Venezuelan crude oil and products. Recipient states have grown dependent on high-cost, high-carbon fuels for power generation and Venezuelan credit to balance their budgets.
Topic:
Economics, Energy Policy, International Trade and Finance, and Oil
Political Geography:
South America, Latin America, Caribbean, and Venezuela

56. Democracy, social welfare and political violence: the case of Latin America

Author:
Davide Grassi
Publication Date:
04-2014
Content Type:
Journal Article
Journal:
Journal of International Relations and Development
Institution:
Central and East European International Studies Association
Abstract:
The return of democracy in Latin America has been associated with a decline in political violence, but also with a failure to redress welfare troubles or restore social justice. This essay provides an exploration of these problematic relationships. It argues that the impact of democracy on social welfare and internal civil violence is complex, develops unevenly and is mediated by a host of contributing factors. The bearing of democracy on political violence has been especially weak. In some countries democratic elites played a role in reducing or eliminating armed conflicts by offering a series of political concessions to the opposition, in particular communication channels with the government and social and political rewards. However, political violence survived or intensified under democracy elsewhere, while it was eradicated by force and (less frequently) by concessions in a number of authoritarian settings. Democracy has also affected welfare policies, through the appearance and progressive strengthening of social organisations and political parties that favoured channelling benefits towards the less advantaged. Yet, welfare protection also took place under populist and authoritarian governments, and it was influenced by a series of additional economic, political and social factors.
Topic:
Political Violence, Economics, and Government
Political Geography:
Latin America

57. Fiscal Justice to Reduce Inequality in Latin America and the Caribbean

Author:
Itriago Déborah
Publication Date:
09-2014
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
Despite economic growth and the reduction of both poverty and inequality that Latin America and the Caribbean (LAC) has experienced during the last decade, it still remains the most unequal region in the world.
Topic:
Economics, Political Economy, and Sociology
Political Geography:
Latin America and Caribbean

58. Speaking a Common Language with Latin America: Economics

Author:
Jose W. Fernandez
Publication Date:
03-2014
Content Type:
Journal Article
Journal:
Americas Quarterly
Institution:
Council of the Americas
Abstract:
United States-Latin American relations have often suffered from a disconnect. While we stress security issues, the region's leaders speak of poverty reduction and trade. They resent being seen as afterthoughts to U.S. policies focused elsewhere. As a result, the region is sporadically open to new suitors, such as Spanish investors 15 years ago, or the Chinese today.
Topic:
Economics and Poverty
Political Geography:
United States, China, Latin America, and Spain

59. Housing at the Base of the Pyramid in Brazil

Publication Date:
05-2014
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
This report is based on the themes and messages discussed during the Business Opportunities in Housing for the Base of the Pyramid event held in São Paulo, Brazil on 2 September 2013. The event brought together between key actors developing housing solutions for low-income communities in Brazil. More than 70 members from the United Nations Development Programme in Brazil, city government, civil society, real estate developers, private-sector companies and investors attended this invite-only event, a collaborative effort between Business Call to Action (BCtA) and Aspen Network of Development Entrepreneurs (ANDE) Brazil Chapter which enabled participating stakeholders to discuss challenges and solutions.
Topic:
Civil Society, Economics, Human Welfare, and Poverty
Political Geography:
Brazil, South America, and Latin America

60. Understanding Differences in Growth Performance in Latin America and Developing Countries between the Asian and Global Financial Crises

Author:
Roberto Alvarez and José De Gregorio
Publication Date:
11-2014
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics
Abstract:
Latin American performance during the global fi nancial crisis was unprecedented. Many developing and emerging countries successfully weathered the worst crisis since the Great Depression. Was it good luck? Was it good policies? In this paper we compare growth during the Asian and global fi nancial crises and fi nd that a looser monetary policy played an important role in mitigating crisis. We also fi nd that higher private credit, more fi nancial openness, less trade openness, and greater exchange rate intervention worsened economic performance. Our analysis of Latin American countries confi rms that eff ective macroeconomic management was key to good economic performance. Finally, we present evidence from a sample of 31 emerging markets that high terms of trade had a positive impact on resilience.
Topic:
Economics, Global Recession, Monetary Policy, and Financial Crisis
Political Geography:
Asia and Latin America