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5371. The New global agenda and the future of the multilateral development bank system

Author:
Amar Bhattacharya, Homi Kharas, Mark Plant, and Annalisa Prizzon
Publication Date:
02-2018
Content Type:
Special Report
Institution:
The Brookings Institution
Abstract:
The new global agenda, with Agenda 2030 at its core, is ambitious, comprehensive, and universal. The three central goals now are to reignite growth, deliver on the sustainable development goals (SDGs), and meet the ambitions of the Paris climate agreement aimed at mitigating climate change and adapting to its effects. Achieving these goals will require a significant scaling up and reorientation of investments, especially for sustainable infrastructure and human development. Implementing this agenda is urgent, as the world is witnessing the largest wave of urban expansion in history and more infrastructure will come on stream over the next 15 years than the world’s existing stock. This is also the last opportunity to manage remaining significant demographic transitions.
Topic:
International Affairs and International Development
Political Geography:
Global Focus

5372. Leave no Country behind: Ending poverty in the poorest places

Author:
Geoffrey Gertz and Homi Kharas
Publication Date:
02-2018
Content Type:
Research Paper
Institution:
The Brookings Institution
Abstract:
The past 15 years saw the most rapid decline in global poverty ever, with the Millennium Development Goal (MDG) of halving the global poverty rate reached several years ahead of schedule. Building on this, governments around the world committed to a new set of Sustainable Development Goals (SDGs), including ending extreme poverty everywhere by 2030.
Topic:
International Political Economy
Political Geography:
Global Focus

5373. Rethinking Africa’s structural transformation

Author:
John Page
Publication Date:
01-2018
Content Type:
Special Report
Institution:
The Brookings Institution
Abstract:
Economists have long regarded structural change—the movement of workers from lower to higher productivity employment—as essential to growth in low-income countries. Yet, until recently, Africa’s economic structure had changed very little, worrying both policymakers and analysts. The African Union, the African Development Bank, and the United Nations Economic Commission for Africa have all voiced concern with Africa’s slow pace of structural change. Earlier this year, The Economist noted, “Africa’s development model puzzles economists.”
Topic:
International Affairs
Political Geography:
Africa

5374. The Wests's Turkey Conundrum

Author:
Amanda Sloat
Publication Date:
02-2018
Content Type:
Special Report
Institution:
The Brookings Institution
Abstract:
Policymakers in the United States and European Union are struggling with how to manage their relations with Turkey. What makes the country such a conundrum is that its problematic leadership faces real threats. Turkey is confronting challenges from the aftermath of the July 2016 coup attempt and the destabilizing effects of the Syrian war. Yet the country’s president is growing more authoritarian, using virulent anti-Western rhetoric, and making foreign policy choices contrary to the interests of the trans-Atlantic alliance. The policy goal is navigating this gray zone today to preserve the possibility of better relations in the future.
Topic:
International Relations and International Affairs
Political Geography:
Turkey

5375. Normal is Over

Author:
Constanze Stelzenmüller
Publication Date:
02-2018
Content Type:
Special Report
Institution:
The Brookings Institution
Abstract:
Year one of the Trump administration has been uniquely unnerving. Yet the trans-Atlantic security community has also been breathing a sigh of relief, because many of their worst expectations seem to have been averted: trade wars, an attack on North Korea, the end of NATO. The conventional wisdom in Washington, DC and many European capitals today is that—despite a president who continues to defy conventions—U.S.-European relations have largely normalized. As a result, most Europeans are attempting to ride out what they believe to be a temporary aberration of American politics with a mixture of hugging and hedging. There is certainly evidence for a normalization of U.S. foreign policy, not least in the president’s formal endorsement of NATO’s mutual defense clause, and the reinforcement of American contributions to reassurance and deterrence in Eastern Europe. There are also many signs that the past year has re-energized American civil society, belying determinist critics in Europe. But Trumpism needs to be recognized as a massive discontinuity. Trump is the first postwar American president to question the liberal order as such. In its purest form, the “America First” doctrine has implications for the EU and some of its member states (especially Germany) that should be of intense concern to Europeans. Europeans should worry even more, however, about its fundamentalist critique of globalization (which it refers to as globalism) as a quasiadversarial ideology. The globalization-globalism dichotomy, unlike all previous transAtlantic disagreements, is a dispute about the nature of the world we live in. And it is a wedge that could drive the United States and Europe apart. America could attempt (at immense cost to itself) to decouple from the liberal world order and the global economy. But for Europe to do so would be suicidal. This flips the existing logic of the trans-Atlantic alliance on its head: it is Europe now that has the greater—and for it, existential—interest in preserving an international order that safeguards peace and globalization
Topic:
International Relations and International Affairs
Political Geography:
Global Focus

5376. Borrowers with Large Balances: Rising Student Debt and Falling Repayment Rates

Author:
Adam Looney and Constantine Yannelis
Publication Date:
02-2018
Content Type:
Special Report
Institution:
The Brookings Institution
Abstract:
We examine the distribution of student loan balances and repayment rates in the United States using administrative student loan data. We show that increases in credit limits and expansions in credit availability resulted in rising borrowing amounts, and that the share of borrowers holding very large balances has surged. For instance, the share of borrowers leaving school with more than $50,000 of federal student debt increased from 2 percent in 1992 to 17 percent in 2014. Consequently, a small share of borrowers now owes the majority of loan dollars in the United States. Although these large-balance borrowers have historically strong labor market outcomes and low rates of default, repayment rates have slowed significantly between 1990 and 2014 reflecting, in part, changes in the characteristics of students, the schools they attended, and the rising amounts borrowed. A decomposition analysis indicates that changes in the types of institutions attended, student demographics, default rates, and increased participation of alternative repayment plans and forbearance largely explain the decrease in student loan repayment.
Topic:
Education and International Affairs
Political Geography:
America

5377. Trump, Xi and the eclipse of the liberal world order

Author:
Andreas Bøje Forsby
Publication Date:
02-2018
Content Type:
Policy Brief
Institution:
Danish Institute for International Studies
Abstract:
Until recently, we were operating under the assumption that the liberal world order would prove sufficiently inclusive, productive and resilient to serve as a stable framework for international cooperation. But such optimism seems increasingly unwarranted as a wide host of existential challenges have materialized, including the return of geopolitics, the resurgence of autocratic leadership, the revival of economic protectionism and the rising tide of populism and nationalism.
Topic:
International Political Economy and International Affairs
Political Geography:
America

5378. Fighting Military Corruption in Fragile States

Author:
Louise Riis Andersen
Publication Date:
02-2018
Content Type:
Policy Brief
Institution:
Danish Institute for International Studies
Abstract:
Anti-corruption is central to building capable and legitimate security institutions in fragile states. However, military capacity-building programs often do not include anti-corruption measures. Denmark should strive to put the fight against military corruption on the international agenda
Topic:
Corruption, International Affairs, and Global Security
Political Geography:
Global Focus

5379. Failure to define killer robots means failure to regulate them

Author:
Johannes Lang, Rens van Munster, and Robin May Schott
Publication Date:
02-2018
Content Type:
Working Paper
Institution:
Danish Institute for International Studies
Abstract:
Disagreements on how to define “autonomy” are stalling formal UN discussions on the compliance of autonomous weapons with international humanitarian law. A pragmatic approach that focuses on the weapon’s critical functions, such as target selection and firing, can help move discussions forward in the future.
Topic:
International Security
Political Geography:
Global Focus

5380. Urban Insecurity, Migrants and Political Authority

Author:
Helene Maria Kyed, Finn Stepputat, Lars Erslev Andersen, and Maya Mynster Christensen
Publication Date:
01-2018
Content Type:
Special Report
Institution:
Danish Institute for International Studies
Abstract:
By 2035 an estimated 60 per cent of the world’s population will live in cities. Due to the fast-growing rate of urbanisation, many future conflicts are expected to take place in urban terrains. Therefore defence and security organisations are becoming increasingly interested in understanding the trends and dynamics of cities. This report under the DIIS Defense and Security Projects contributes with a deepened understanding of the security challenges in four cities – Nairobi, Beirut, Hargeisa and Yangon – with a particular focus on mass migration and political authority.
Topic:
International Affairs
Political Geography:
Global Focus