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251. State of Financial Cooperatives in Zambia: A viable option for increasing financial inclusion?

Author:
Tamara Billima-Mulenga, Felix Mwenge, and Gibson Masumbu
Publication Date:
04-2019
Content Type:
Policy Brief
Institution:
Zambia Institute for Policy Analysis and Research (ZIPAR)
Abstract:
This policy brief presents the summary findings of a study on Promoting Financial Cooperatives (FCs)in Zambia that was conducted between 2017 and 2018 with financial support from the Rural Finance Expansion Program (RUFEP), Ministry of Commerce Trade and Industry (MCTI) and the Zambia Center for Accountancy Studies (ZCAS). The study used both qualitative and quantitative approaches which included a situational analysis of FCs in Zambia, a study tour to Kenya and a Census of FCs in eight provinces. The main objective of the study was to contribute to the development of FCs in Zambia by generating information on their performance. The secondary objectives of the study were to: 1. Undertake a situational analysis to develop a clear understanding of the landscape for the FCs in Zambia in terms of the regulatory framework, support institutions and the nature and level at which the FCs operate. 2. Undertake a Census of FCs to understand the opportunities and constraining factors for the growth of the Cooperatives movement in Zambia. It was envisaged that the study would provide evidence about FCs that could be used in the revision of the Cooperatives Act currently underway, aid MCTI understand the nature of Cooperatives and devise strategies for monitoring FCs. The study also aimed at providing information about the state of FCs that can be used for various purposes by the apex body of FCs and stakeholders such as the Bank of Zambia.
Topic:
Governance, Economy, Trade, and Financial Cooperatives
Political Geography:
Africa and Zambia

252. US-China Trade Tensions: Impact on Mexico | Estados Unidos-China Tensiones Comerciales: Impacto en Mexico

Author:
COMEXI
Publication Date:
06-2019
Content Type:
Working Paper
Institution:
Mexican Council on Foreign Relations (COMEXI)
Abstract:
For the mid- or long-term, no country in the world—and much less Mexico—benefits from a strained environment in which there is no adherence to international trade rules. However, for the short-term, a strained trade environment produces adjustments to the supply chains, which could benefit competitors of those economies that are currently in conflict. Mexico, the second supplier of the United States only behind China, could reassert its position as a credible competitor of the Asian economy in the US. Likewise, in the context of trade friction, or even just the threat of a conflict, Mexico could strengthen its trade positioning in China by replacing part of the US offering. /// En el mediano o largo plazo, a ningún país del mundo, y menos a México, le conviene que exista un clima de tensiones donde no se respeten las reglas del comercio internacional. Ahora bien, en el corto plazo, el clima de tensiones comerciales genera ajustes en las cadenas de suministro, lo cual puede beneficiar a los competidores de las economías en conflicto. México, el segundo proveedor de Estados Unidos sólo después de China, puede reafirmar su posición como competidor creíble de la economía asiática en Estados Unidos, así como fortalecer su posición comercial en China, al sustituir parte de la oferta estadounidense, en un contexto de fricciones comerciales o su amenaza.
Topic:
Foreign Policy, Economy, Economic growth, Trade Wars, Exports, and Trade
Political Geography:
China, Mexico, and United States of America

253. Financing social investment for an economy of well-being: Moving from good practices to a paradigm shift

Author:
Claire Dhéret and Marta Pilati
Publication Date:
07-2019
Content Type:
Policy Brief
Institution:
European Policy Centre
Abstract:
Growing socio-economic disparities in the EU, both within and between member states, pose a serious threat to the Union’s social model, political viability, and its economic strength. In the absence of adequate levels of public investment, and with the added pressures of an ageing population and societal changes, Claire Dhéret and Marta Pilati make the case for a paradigm shift in the financing of social investment. The latter is based on the idea that investing in human and social capital enhances individuals’ capabilities and enables them to successfully participate in society and the economy, resulting in a more skilled, resilient and healthy workforce. But where will the money come from? In this Policy Brief, Dhéret and Pilati investigate the unlocked potential of EU financial instruments in fostering social investment, and the unique opportunity provided by the next Multiannual Financial Framework (2021-2027) and the InvestEU programme. Although the Commission’s efforts have been commendable so far, they argue for additional EU measures to ensure the creation of a genuine market for the social economy, which will not only help re-invigorate Europe’s social model but also make it a global champion for an ‘economy of well-being’. The EU can do this by: (1) ensuring that financial regulation is not an obstacle to social investment; (2) supporting social innovation throughout the entire social policy production chain; and (3) integrating national social investment strategies into the larger European policy framework.
Topic:
European Union, Finance, Economy, Investment, and Innovation
Political Geography:
Europe

254. An Industry Action Plan for a more competitive, sustainable and strategic European Union

Author:
Marco Giuli, Claire Dhéret, Johan Bjerkem, Marta Pilati, and Stefan Sipka
Publication Date:
11-2019
Content Type:
Policy Brief
Institution:
European Policy Centre
Abstract:
European industry is falling behind. New and unprecedented challenges and megatrends, from a slowdown in global trade to digital disruption and climate change, are making it increasingly difficult to stay ahead of the curve. However, despite these fast-paced developments, industry remains the backbone of the European economy, delivering high-quality jobs, innovation and world-class companies. To retain its competitive edge, the EU must embrace change and renew its industrial strategy. There is growing political momentum for a revived EU industrial strategy, both in the member states and in the new von der Leyen Commission, which pledged to put forward a new industrial strategy as part of a “European Green Deal”. This Issue Paper presents the results of the EPC’s Task Force on an Industry Action Plan for the European Union, which started in February 2018. It argues that in renewing its industrial strategy, the EU should put in place an ‘Industry Action Plan’, complete with new policy tools and concrete industrial initiatives. Beyond mainstreaming industrial competitiveness across policy areas, the Action Plan should provide a more holistic and policy-oriented approach, with a vision towards 2030 that focuses on competitiveness, sustainability and strategic autonomy: Firstly, to ensure that the European industry remains competitive, the EU should aim to play a stronger role in global value chains, with a higher value-added. Secondly, the EU must create the conditions for the European industry, as well as the products and services it provides, to become sustainable and thus contribute to achieving the Sustainable Development Goals and climate-neutrality in alignment with the United Nation’s Paris Agreement. European industry should become fully climate-neutral by 2050 and seize the opportunity to become a global leader in sustainable and circular business models. Finally, an Industry Action Plan should contribute to achieving greater strategic autonomy for Europe by better responding to distorted competition and levering market power, and moving towards more technological sovereignty. Europe should mobilise all the tools at its disposal to become a global leader in developing digital technologies that address the societal, environmental and health challenges of today. This Paper includes a list of recommendations centred around five policy strands: making the Single Market (including competition policy) work; improving innovation policy and achieving technological sovereignty; acting strategically and enforcing reciprocity; ensuring a fair and inclusive industrial transition; and climate-proofing industry with a 2050 climate neutrality roadmap.
Topic:
Climate Change, Science and Technology, European Union, Economy, and Industry
Political Geography:
Europe

255. The future of work: Towards a progressive agenda for all

Author:
Claire Dhéret, Simona Guagliardo, and Mihai Palimariciuc
Publication Date:
12-2019
Content Type:
Working Paper
Institution:
European Policy Centre
Abstract:
The world of work is changing, fast. Globalisation, coupled with the fragmentation of production and value chains, ageing societies, and digitalisation are all having a transformative impact on European labour markets and are putting pressure on our social welfare systems. The challenges that these disruptions pose are tremendous, and policymakers are still unsure of how to address the implications of the changing nature of work. In this Issue Paper, the result of the European Policy Centre research project “The future of work – Towards a progressive agenda for all”, authors Claire Dhéret, Simona Guagliardo and Mihai Palimariciuc take an in-depth look at how labour is evolving throughout Europe and put forward a set of policy recommendations for the EU, which despite its limited competences, can still be the driving force behind a progressive agenda for the future of work. Their analysis focuses on four different areas: the impact of new technologies on jobs in various sectors; the rise of ‘atypical’ work; the impact of labour market transformations on the welfare state and social contracts; and the effect of policy responses so far. Based on their findings, they argue that instead of trying to push back against new technologies and forms of work, we must embrace the changes brought on by the fourth industrial revolution. At the same time, the EU must endorse and support policies that align welfare state reform with emerging working structures and the conscious and controlled deployment of new technologies. The overall aim should be to establish an inclusive and competitive European labour market that is reinforced by future-fit social protection systems. Previous industrial revolutions upended traditional structures and led to widespread social malaise and suffering in the short term, despite major socio-economic gains in the long run. Many fear that this latest iteration will leave millions of people in precarious employment or even without jobs altogether. But this is not a given. How the future of work unfolds is still in human hands. With sound decision-making, the EU and its member states can harness the benefits of new technologies, counter the polarisation of labour markets and make sure that no one is left behind.
Topic:
Globalization, Science and Technology, Labor Issues, European Union, and Economy
Political Geography:
Europe

256. China-Belarus Cooperation Under “Belt and Road Initiative”

Author:
Weihong Xu
Publication Date:
04-2019
Content Type:
Special Report
Institution:
Pangoal Institution
Abstract:
As the programmatic strategy of China’s economic reopening, “Belt and Road Initiative" has gained more and more recognition from abroad. Belarus, as it sits at the core of the New Silk Road Economy Zone, is also coming to the stage. Belarus has a good geographic location and advantageous natural conditions, but the difficulty of seeking Western assistance in developing its real economy has been constantly rising after Brexit, isolationist Trump, and the rising of anti-globalism in Europe. Consequently, Belarus has been responding positively to China’s BRI. Especially in the cooperation of production capacity, Belarus industries are sincerely looking at China, as China is the only great economy that transcends from planned economy to market economy.
Topic:
Development, International Cooperation, Economy, and Belt and Road Initiative (BRI)
Political Geography:
China, Eurasia, and Belarus

257. China- Pakistan Economic Corridor: Current Situation, challenges, Countermeasures and Suggestions

Author:
Lingfei Li
Publication Date:
04-2019
Content Type:
Special Report
Institution:
Pangoal Institution
Abstract:
China- Pakistan Economic Corridor (CPEC) is a series of big engineering project that China and Pakistan develops to enhance the connectivity and common development of the two countries. CPEC, with Kashghar (in Chinese Xin Jiang Province) and the port of Gwadar (in Pakistani Baluchistan Province) at its northern and southern ends respectively, is a hub of Silk Road Economic Belt and Maritime Silk Road. So it is extraordinarily significant for the strategic deployment and promotion of Belt and Road initiative. At the moment (May 2017), the construction of CPEC has made a number of important developments. The governments of China and Pakistan have also conducted rounds of consultations to set up “long-range planning of CPEC”. On this occasion, this article will conclude the current situation of the construction of CPEC, summarize and evaluate the challenges and risks that exist, and offer preliminary countermeasures and suggestions.
Topic:
International Cooperation, Partnerships, Economy, Belt and Road Initiative (BRI), Trade, and Industry
Political Geography:
Pakistan, China, South Asia, and Asia

258. Direction of Energy Strategy for the Sustainable Development of China’s Economy — Clean Utilization of Coal

Author:
Bai Yunfeng, Yi Peng, Du Shaozhong, and Wang Ying
Publication Date:
12-2019
Content Type:
Special Report
Institution:
Pangoal Institution
Abstract:
China is at the stage of urbanization and industrialization. The Chinese economy, which is mainly based on a large consumption of energy and resources, is growing extensively with an increasing demand for energy. Resources are exhausted, and a series of environmental problems occur with the rapid development of the economy. At present, China has surpassed the United States as the country with the highest carbon dioxide emission. As the world’s second largest economy, China is under a considerable amount of pressure to save energy and reduce its carbon emission. The persistent and severe large-scale smog in the country deeply affects people’s daily lives. Coal is the main source of air pollution. The extensive development and utilization of coal has largely caused pressure on the ecological environment and has directly influenced the socioeconomic development of the country. China is the world’s largest coal producer and consumer. Coal accounts for 68% of China’s energy consumption structure. The characteristics of resource endowment and the current industrial structure of China indicate that the dominant role of coal in China’s energy structure will not change for a quite a long time. Therefore, clean and efficient methods of energy utilization should be adopted to promote the sustainable development of China’s economy. The clean utilization of coal will be the strategic choice and landing point of the sustainable development of China’s economy.
Topic:
Climate Change, Development, Economy, Coal, and Sustainability
Political Geography:
China and Asia

259. Maintaining America’s Coercive Economic Strength: Five Trends to Watch in U.S. Sanctions

Author:
Howard Berman, Paula J. Dobriansky, Sue E. Eckert, Kimberly Ann Elliott, David L. Goldwyn, Peter Harrell, Theodore Kassinger, George A. Lopez, Richard Nephew, Michel Rademaker, Frederick Reynolds, Elizabeth Rosenberg, Daleep Singh, Julianne Smith, Adam Szubin, and Rachel Ziemba
Publication Date:
03-2019
Content Type:
Special Report
Institution:
Center for a New American Security
Abstract:
U.S. foreign policy officials have embraced economic sanctions as a tool of choice for American foreign policy. Decisionmakers have deployed sanctions against strategic adversaries and national security threats ranging from Russia to non-state actors such as terrorist groups, drug cartels, and businesspeople who engage in corrupt activities. The appeal to both policy leaders and key constituent groups of the potent economic impacts of sanctions in several recent high-profile cases, particularly those of Iran, Russia, North Korea, and Venezuela, combined with broad bipartisan support for aggressive use of U.S. sanctions, suggests that the United States will favor this policy tool and be an active practitioner in the years ahead. This brief describes five of the most prominent and influential trends that could affect U.S. sanctions and other coercive economic measures in the future. The five trends are: (1) a shift toward more aggressive use of U.S. unilateral sanctions; (2) the growing role of Congress in enacting sanctions and managing their implementation; (3) an increased potential for unintended consequences as a result of growing complexity in sanctions; (4) accelerating efforts of foreign governments to insulate trade and payment channels from U.S. sanctions; and (5) new technological developments that may have the potential to both enhance and weaken the impact of U.S. sanctions in the years ahead.
Topic:
Foreign Policy, National Security, Sanctions, Elections, and Economy
Political Geography:
North America and United States of America

260. Peru’s JUNTOS Cash Conditional Transfer Program: Geographic Targeting(2005-2017)

Author:
Miguel Angel Carpio, Farhan Majid, Sonia Laszlo, Alan Sanchez, and Zeljko Janzic
Publication Date:
06-2019
Content Type:
Policy Brief
Institution:
Institute for the Study of International Development, McGill University
Abstract:
Conditional Cash Transfers (CCTs) have become an important anti-poverty policy globally in recent decades by aiming to alleviate poverty through financial incentives tied directly to human capital investments (namely primary and secondary schooling and maternal and child health). In Peru, the CCT program JUNTOS targeting poor families was established in 2005. By 2017, it has covered 693 thousand families in 1,305 of Peru’s 1,943 districts. 1 Official sources estimate that 72% of all potential household beneficiaries were already covered by the program by 2015.2 In order to select its beneficiaries, JUNTOS implemented a two-stage procedure. The first stage involves geographic targeting by selecting districts in need. The second stage then selects households in the targeted districts. In both cases the program follows an eligibility rule. Like most large-scale anti-poverty programs, JUNTOS was rolled out in several phases. However, despite considerable work evaluating JUNTOS, to our knowledge the various phases and changes observed in the eligibility rule over these phases have not yet been described in detail in one single public document. Furthermore, in discussions with researchers who have evaluated JUNTOS, some discrepancies have been noted between de jure criteria for selection and de facto receipt of benefits. With this in mind, this report has two objectives: (i) to document the information available about the eligibility rule at the district level (also known as the geographic rule); and (ii) to use the information available to replicate the eligibility rule using information that is publicly available. One key challenge we faced in elaborating this report is that the information that is publicly available about the JUNTOS eligibility rule is not specific enough in some important respects, including the sources of information used, the definition of the variables, and the specific ways in which the rule was updated over time.
Topic:
Treaties and Agreements, Finance, Economy, and Development Aid
Political Geography:
South America and Peru