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291. Global Migrant Remittances – A New Development Finance Paradigm?

Author:
Eric V. Guichard
Publication Date:
11-2018
Content Type:
Journal Article
Journal:
American Diplomacy
Institution:
American Diplomacy
Abstract:
For several decades now, global remittances – money that immigrants and citizens send to their families in countries from where they originate – have steadily grown in significance. The World Bank’s Migration and Remittances Unit recently pegged these global flows at $350 billion per year. Some estimates peg them as high as $500 billion annually – particularly when you include unofficial flow estimates and intra-continental transfers.
Topic:
Development, Diplomacy, Migration, Foreign Aid, GDP, and Economy
Political Geography:
India, Philippines, North America, Mexico, United States of America, and European Union

292. James and the Moscow Goons

Author:
Peter Bridges
Publication Date:
04-2018
Content Type:
Journal Article
Journal:
American Diplomacy
Institution:
American Diplomacy
Abstract:
Putin’s recent expulsion of hundreds of our colleagues serving at our embassy and consulates in Russia reminded me of my own service in Moscow in the 1960s. You may call this ancient history, though it doesn’t seem so ancient to me. Stalin had been in his grave for a decade, and dear Nikita Khrushchev was now in charge. Under Stalin, two and a half million people had been prisoners in the deadly Gulag camps. Thousands of poor haggard people had been released, and some of the system’s more notable deceased victims were even “posthumously rehabilitated.” The Gulag had officially been closed down in 1960—but an estimated three-quarters of a million inhabitants of the USSR were still in the horrid camps. And nothing had been done to lessen the role of the KGB, at least so far as we could see.
Topic:
Cold War, Diplomacy, Economy, and Memoir
Political Geography:
Russia, Soviet Union, North America, and United States of America

293. Fracture In Food And Agriculture As Urban And Rural Areas Integrate: Searching For New Horizons Where The Old Stalls

Author:
Bediz Yılmaz
Publication Date:
11-2018
Content Type:
Policy Brief
Institution:
Turkish Economic and Social Studies Foundation (TESEV)
Abstract:
We are at a time when old definitions are being shaken up. Here I will track these splits and try to see what traces are shaping in their place. Let’s start with the city and the rural area. There is a credo of a definition in urban sociology. Despite changes in the social reality and notwithstanding those sociological approaches with a critical perspective, this definition does not change and is repeated through generations. The definition says: “City is the place where nonagricultural economic activities take place.” It is difficult to assert the validity of this definition in any particular time in history, and one does not know where to begin to explain that it does not stand today either. If you live in a medium-sized city like Mersin it is especially difficult to tell apart the city and rural areas, which one violates the other, what exactly is a rural area and which way it falls.
Topic:
Agriculture, Food, Food Security, Economy, Urban, and Rural
Political Geography:
Turkey and Middle East

294. Purple Economy: A Strategy for Women’s Equal Economic Participation towards Sustainable Cities

Author:
İpek İlkkaracan
Publication Date:
02-2018
Content Type:
Policy Brief
Institution:
Turkish Economic and Social Studies Foundation (TESEV)
Abstract:
This policy brief is published in the framework of “Women’s Participation for Sustainable City” project under the umbrella project “Supporting Sustainable Cities” of TESEV funded by the Friedrich Naumann Foundation for Liberty. If one were asked to associate a color with the concept of “sustainable cities,” the first to come to mind would be probably green. Not surprising, given that the issue of sustainability originated out of concerns for the environmental crisis and the green economy was proposed as a vision of an environmentally sustainable economy. Today it is widely acknowledged that an additional challenge to sustainability has to do with inequalities in the economic and social sphere. Gender is an important crosscutting dimension of multi-layered inequalities. Hence I would like to propose another color to associate with the concept of sustainable cities and sustainable economies, complementing the green: Purple, the symbolic color of the women’s movement in Turkey and in many countries around the world. The purple economy entails the vision of a gender egalitarian and hence a socially sustainable economy. It starts from the premise that the root cause of obstacles to women’s equal economic participation lies within the gender imbalances in the distribution of caring labor. Caring labor entails provisioning of goods and services to caredependent groups such as children, elderly, ill and people with disabilities as well as healthy adults necessary for their physical, social, mental and emotional wellbeing.
Topic:
Gender Issues, Labor Issues, Women, Economy, and Urban
Political Geography:
Turkey and Middle East

295. China’s 40 Years of Fiscal and Tax Reform: A Basic Trajectory

Author:
Peiyong Gao
Publication Date:
05-2018
Content Type:
Working Paper
Abstract:
The present paper describes the trajectory of China’s fiscal and tax reform in thepast 40 years, which can be summarized in five phases. The reform commenced with“decentralizing power and transferring benefits.” Then, under great fiscal pressure,institutional reform was instigated, which aimed to establish a new fiscal and tax system.To regulate the government revenue and expenditure beyond the fiscal and tax system,reforms were put in place to build an institutional framework for public finance. As thefiscal and tax reform had gradually entered the more sophisticated phases, China took aseries of measures to further improve the public finance system. Since 2012, based on theoverall plan of comprehensively deepening reform, China has embarked on establishinga modern public finance system. The present paper characterizes China’s fiscal and taxreform as gradually moving toward a system that aligns with the overall reform andcomplements the goal of marketization and modernization of state governance.
Topic:
Government, Governance, Finance, Economy, Tax Systems, and Fiscal Policy
Political Geography:
China and Asia

296. China and Canada eye more mutually beneficial trade deal

Author:
Dong Yan and Bai Jie
Publication Date:
11-2018
Content Type:
Policy Brief
Abstract:
A clause in the US-Mexico-Canada trade pact, widely known as a "poison pill" aimed at China, will not stop Canada from continuing to negotiate a free trade agreement with China, Canadian Prime Minister Justin Trudeau said at an event at the National University of Singapore on Thursday. This suggests the US will find it extremely difficult to administer its "poison pill", because it has gone too far in using bullying tactics against other countries－in this case, China.
Topic:
Treaties and Agreements, Economy, and Trade
Political Geography:
China, Canada, Asia, and North America

297. China can overcome a trade war

Author:
Su Qingyi
Publication Date:
08-2018
Content Type:
Policy Brief
Abstract:
The tariff war the United States has launched against China shows no sign of abating, as the Donald Trump administration made good its threat to impose 25 percent tariff on another $16 billion worth of Chinese imports on Thursday. Instead, since the US has threatened to slap tariffs on $500 billion worth of Chinese goods, or on almost all Chinese imports, the trade conflict seems set to intensify. Thanks to its national strength and moral righteousness, as well as its objective assessment that the US' tariff war will have a limited impact on the Chinese economy, China is confident and capable of safeguarding the core interests of the country and its people. The trade dispute, however, will affect on three areas－foreign trade, investment (including overseas investment) and the macro-economy. But the impact is likely to be limited and manageable.
Topic:
Economy, Tariffs, Trade Wars, and Trade
Political Geography:
China, Asia, North America, and United States of America

298. Emerging economies need safeguards to tackle currency crisis

Author:
Gao Haihong
Publication Date:
08-2018
Content Type:
Policy Brief
Abstract:
The recent appreciation of the US dollar and the uneven pace of monetary policy normalization in many countries have become a headwind for emerging economies. This month, the Turkish lira has sharply depreciated against the US dollar, followed by a jump in Turkish bond yield for fear of high inflation. Earlier this year, after failing to stabilize its currency, Argentina sought the International Monetary Fund's support to stabilize the peso. The IMF agreed to give a $50 billion standby line of credit but on conditions that required necessary domestic fiscal and structural adjustment. These developments reaffirmed the eminent risks facing the emerging economies. A strong dollar and tightened monetary policy in the US are prompting capital flight from countries that have high domestic public debt, huge external liability, and a weak current account balance and relatively open capital account. For example, Turkey’s total external debt to GDP was at 53.5% and its current account deficit was 7.1% to GDP.
Topic:
Economy, Inflation, Fiscal Policy, and Economic Development
Political Geography:
China, Turkey, Asia, Argentina, and United States of America

299. China's plans and direction for further opening-up

Author:
Yang Panpan
Publication Date:
08-2018
Content Type:
Working Paper
Abstract:
This year marks the 40th anniversary of China's reform and opening-up, and will be the first year for China to hold the international import expo. This signals that China is further opening up its domestic market and striving to be more integrated with the world. Meanwhile, China is enduring the external uncertainties mainly from its biggest trade partner -- the U.S. One question should be asked: What is China's plan and direction for further opening-up? Since China is shifting from a mid-high-income country to a high-income country, the trajectory of other major developed countries may be a reference for China's further opening-up process. With this in mind, it's necessary to compare the opening-up pattern of these countries with China. One variable might fit this kind of observation -- the foreign value added in one country's final demand. This represent the amount of foreign input used in a country's consumption and investment. Examples include final goods consumed by households, capital goods invested by firms, or intermediate goods used to make products.
Topic:
Markets, Reform, Finance, and Economy
Political Geography:
China and Asia

300. Opinion: China International Import Expo: New era, shared future

Author:
Su Qingyi
Publication Date:
07-2018
Content Type:
Policy Brief
Abstract:
The first China International Import Expo (CIIE) will be held from November 5 to 10 in Shanghai. The theme of the CIIE is "New Era, Shared Future," which has rich connotations. The first implication of the new era is that countries around the world begin to realize the importance of imports Economists usually emphasize sellers and exporters when they analyze the exchange between peoples and trade between countries. They tend to attach importance to exports when participating in international trade, and try to promote the growth of export.
Topic:
Markets, Economy, Trade, and Imports
Political Geography:
China and Asia