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Begin New Search Topic Global Political Economy Publication Year within 25 Years

91. Smart Specialisation: championing the EU’s economic growth and investment agenda?

Author:
Alison Hunter
Publication Date:
07-2017
Content Type:
Commentary and Analysis
Institution:
European Policy Centre
Abstract:
Introduced as an ex ante conditionality in the 2014-2020 Cohesion Policy, Smart Specialisation Strategies (S3) require regions to develop smart priorities and direct investment efforts towards growth-oriented innovation. In the space of only four years, S3 has become widely regarded as a success story across the Cohesion Policy community, as a place-based driver of EU competitiveness. For some regions, it has offered scope to deepen existing practices. For others, S3 has introduced new approaches to achieving innovation-oriented growth. There is, however, quite some distance to cover if S3 is to accelerate its support role in delivering EU growth and investment. This would require redefining the role of S3 and re-positioning this in the post-2020 Multi-annual Financial Framework (MFF).
Topic:
Europe Union and Global Political Economy
Political Geography:
Europe

92. Why the EU will have an industrial policy – but not necessarily a good one

Author:
Fabian Zuleeg
Publication Date:
07-2017
Content Type:
Commentary and Analysis
Institution:
European Policy Centre
Abstract:
How best to support its industry has been a perennial issue for the European Union (EU). The Commission’s approach has been an attempt to mainstream industrial competitiveness across policy areas. But this hardly constitutes an adequate strategic industrial policy. The EU and its members must recognise that current global pressures require a common and forward-looking approach to ensure that European industry can thrive.
Topic:
Financial Markets and Global Political Economy
Political Geography:
European Union

93. The EU and Emerging Market Economies: Transformations and New Challenges

Author:
Juliane Schmidt
Publication Date:
07-2017
Content Type:
Special Report
Institution:
European Policy Centre
Abstract:
The European Union and emerging market economies are facing a great variety of challenges and transformations in a rapidly changing world. They are important players on the world stage, working through and shaping the various multilateral organisations they are members of. The European Policy Centre (EPC), in cooperation with the Institute for the Scientific Advancement of the South (ISAS), has carried out a project that looked at the political, economic, and environmental interests of the EU and emerging market economies and considered the future of their cooperation in global governance. In order to shed light on the relationship between emerging market economies and the EU, the project focused on four key areas of multilateralism: climate change, trade, international financial institutions, and global governance in the security realm. This report reflects upon the outcomes of the project’s discussions, while also providing punctual updates.
Topic:
International Affairs and Global Political Economy
Political Geography:
European Union

94. Measuring and analyzing the impact of GVCs on economic development

Author:
David Dollar
Publication Date:
07-2017
Content Type:
Special Report
Institution:
The Brookings Institution
Abstract:
Global value chains (GVCs) break up the production process so different steps can be carried out in different countries. Many smart phones and televisions, for example, are designed in the United States or Japan. They have sophisticated inputs, such as semiconductors and processors, which are produced in the Republic of Korea or Chinese Taipei. And they are assembled in China. They are then marketed and receive after-sale servicing in Europe and the United States. These complex global production arrangements have transformed the nature of trade. But their complexity has also created difficulties in understanding trade and in formulating policies that allow firms and governments to capitalize on GVCs and to mitigate negative side effects.
Topic:
International Relations and Global Political Economy
Political Geography:
Global Focus

95. Is a growing middle class good for the poor? Social policy in a time of globalization

Author:
Raj M. Desai and Homi Kharas
Publication Date:
07-2017
Content Type:
Special Report
Institution:
The Brookings Institution
Abstract:
Does an expanding middle class benefit society’s poorest? Much has been written recently about the rapid growth of the middle class as well as the rapid fall in absolute poverty (Kharas 2017; Kocharand Oates 2015; Burrows 2015). However, few studies seek to link these two trends. It is worth emphasizing at the outset that a growing middle class and a falling poverty rate are not simply two sides of the same coin; there is a large “vulnerable” (or near poor) cohort between the poorest individuals and the middle class. Additionally, the trends can be quite different. In the United States, for example, the percentage of middle-class households has steadily fallen since the 1970s, while the portion of households in the lowest income brackets has remained steady (Kochhar,Fry, and Rohal 2015). Similar trends have occurred in the European Union since the early 2000s (ILO 2015). By contrast, in sub-Saharan Africa and Latin America, most of those lifted out of poverty appear to have joined the ranks of the vulnerable rather than the middle class (Calvo-Gonzalez 2017; Chandy 2015). There, the middle class has stagnated despite reductions in poverty.
Topic:
International Affairs and Global Political Economy
Political Geography:
Global Focus

96. Multilateralism under stress

Author:
Homi Kharas
Publication Date:
07-2017
Content Type:
Special Report
Institution:
The Brookings Institution
Abstract:
The multilateral development system, led by the United States, has guided development cooperation by Organization for Economic Cooperation and Development (OECD) countries, evolving gradually through new institutions and new norms since World War II. Organized by a small group of like-minded countries, multilateralism has been a way of managing burden-sharing among donors and of delivering public goods. These functions are now under stress. According to a poll conducted in December 2016 by the Program for Public Consultation at the University of Maryland, most Americans (59.3 percent) support the statement that “when giving foreign aid, it is best for the U.S. to participate in international efforts, such as through the United Nations. This way it is more likely that other countries will do their fair share and that these ef- forts will be better coordinated.” However, a majority of Republican voters disagree, believing that it is better for the U.S. to provide aid on its own, to ensure control over how money is spent and to gain recognition for its generosity.
Topic:
International Trade and Finance and Global Political Economy
Political Geography:
Global Focus

97. The Future of Trade

Author:
Rohinton P. Medhora
Publication Date:
07-2017
Content Type:
Commentary and Analysis
Institution:
Centre for International Governance Innovation
Abstract:
Critical reviews of hard-hitting commentaries on urgent global issues are published periodically by Project Syndicate as part of their Issue Adviser series. In the latest instalment, below, the president of the Centre for International Governance Innovation assesses the populist threat to globalization and international trade and considers arguments by economists such as Kaushik Basu, Jeffrey Frankel, Laura Tyson and other commentators
Topic:
International Relations, International Security, and Global Political Economy
Political Geography:
Global Focus

98. What Drives Turkey’s Intensified Off shore Oil and Gas Exploration?

Author:
FARAS
Publication Date:
08-2017
Content Type:
Special Report
Institution:
Future for Advanced Research and Studies (FARAS)
Abstract:
Turkey has recently launched vigorous e orts to increase its domestic oil and natural gas produc- tion to meet its domestic demands. The ongoing problem of reliance on energy imports to meet the majority of its increasing demand has be- come a key determinant in Turkey’s foreign pol- icy. It is even driving the country’s push towards convergence with the world’s biggest two gas ex- porters, especially Russia.
Topic:
International Relations and Global Political Economy
Political Geography:
Turkey

99. After Paris A Climate Agenda that Serves U.S. Interests

Author:
David F. Gordon, Divya P. Reddy, and Elizabeth Rosenberg
Publication Date:
09-2017
Content Type:
Special Report
Institution:
Center for a New American Security
Abstract:
The dust is now settling on President Donald Trump’s controversial decision to withdraw the United States from the 2015 Paris Agreement on climate change. This decision was a foreign policy mistake. It will make sustaining American credibility more difficult in other multilateral institutions and settings. It will exacerbate anti-American sentiment in Europe, making trans-Atlantic leadership collaboration more difficult well beyond climate policy. On climate, it threatens to undermine the balance achieved in Paris between the centralized and top-down approach favored by the Europeans and the more decentralized and market-friendly approach of the United States, which was supported by China. As a result, it also could lead to the creation of an uneven playing field for U.S. businesses.
Topic:
Climate Change, Environment, and Global Political Economy
Political Geography:
Global Focus

100. The Political Economy of Carbon Pricing Policy Design

Author:
Joseph E. Aldy
Publication Date:
10-2017
Content Type:
Working Paper
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
This paper examines the choice between—and design of—CO2 cap-and-trade and tax policies through a political-economy lens. It draws from insights in economics and political economy to highlight important public policy principles and policy options in carbon-pricing policy design. The paper illustrates each of these insights with examples from cap-and-trade and tax-policy experiences. Revealed political preferences about carbon-pricing-policy design can, in practice, inform our understanding of how decision-makers weigh various policy principles, as well as policy objectives. The balance of the paper examines the following design choices: establishing and phasing-in policy targets; setting the point of compliance and scope of coverage; addressing uncertainties in emission and cost outcomes under carbon pricing; updating carbon-pricing targets over time; using revenue and other forms of economic value created by carbon pricing; mitigating adverse competitiveness impacts of pricing carbon; accounting for the existing, complex policy landscape in designing carbon pricing; and linking of carbon-pricing programs. The final section concludes with a discussion of policy implications and next steps for policy-relevant scholarship.
Topic:
International Political Economy, Climate Finance, and Global Political Economy
Political Geography:
Global Focus