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2281. "Injustes" sanctions: les constructions internationales de la dénonciation des embargos et l'escalade de la vertu abolitionniste

Author:
Ariel Colonomos
Publication Date:
11-2001
Content Type:
Working Paper
Institution:
Centre d'Etudes et de Recherches Internationales
Abstract:
At a time when the use of sanctions has intensified considerably, criticism directed at embargos is gaining ground. In interpreting this significant rise in opposition, this article shows how and why mobilization against sanctions has developed, what sort of actors are involved and what forms it takes. This research brings to light the formation of networks and coalitions against both unilateral and multilateral measures. It underlines the role, status and scope of those whose business it is to fashion norms, by questioning the main analytical categories their strategies are usually based on. An expertise in embargo assessment, destined to levy judgment on a type of very specific violence, is developing in both national and transnational public spaces. This research, analyzing the emergence of this expertise, sheds light on the development of a conception of unjust sanctions and identifies the mechanisms of its construction on an international scale. This text in particular underlines the importance of traditions of just war, especially their reinterpretation by actors on the international scene and its moral norm-makers. Considering the development of these standards allows us to grasp one of the most decisive aspects of the use of force in the post-cold war world, as well as the establishment of certain international reforms.
Topic:
Development, Economics, International Cooperation, and International Trade and Finance

2282. The Politics of Trade in North America: Comparing Models and Industries

Author:
Arturo Borja Tamayo, Philippe Faucher, Scott Morgenstern, and Daniel Nielson
Publication Date:
07-2001
Content Type:
Working Paper
Institution:
Centro de Investigación y Docencia Económicas
Abstract:
This working paper studies the negotiations of the North American Free Trade Agreement (NAFTA) in two industrial chains: textile-apparel and auto parts-automotive. It compares two theoretical models. The first uses two internal variables (interest group strength and industry competitiveness) to explain the tariffs that were negotiated for the phase-out period of NAFTA. The second explores alternatives to increase the explanatory capacity of two-level games models. It incorporates the element of asymmetry between countries, and questions Putnam's (1988) hypothesis on the impact of domestic politics upon international negotiations. This second model explains the difference in the rules of origin that were adopted in NAFTA for the two industrial chains. The work reaches three conclusions. First, it confirms the necessity to specify different dependent variables to explain the outcomes of international trade agreements. Second, it concludes that a model using the two-level logic has explanatory advantages over one that does not combine levels. Third, it points out the potential to combine elements from the two models to reach a more complete explanation.
Topic:
Economics, Industrial Policy, and International Trade and Finance
Political Geography:
North America

2283. Government - Financial Sector Relations and the New Financial Structure in Mexico

Author:
Charles W. Parker III and Susan Minushikin
Publication Date:
07-2001
Content Type:
Working Paper
Institution:
Centro de Investigación y Docencia Económicas
Abstract:
For the first time in its modern history, Mexico is confronting a financial sector that is controlled by foreign investors. At the same time it is highly concentrated. The economic challenges that such an industry structure presents were the focus of public debate over the sales of Bancomer and Banco Serfin. The political challenges have not yet become a part of the public debate. These include changing relations between the banks and the government. This paper traces the history of government-bank relations and speculates on how this relationship may change given the new structure of Mexico's financial sector.
Topic:
Economics, Industrial Policy, and International Trade and Finance
Political Geography:
North America and Mexico

2284. Governing Multinationals: The Role Of Foreign Direct Liability

Author:
Halina Ward
Publication Date:
02-2001
Content Type:
Policy Brief
Institution:
Chatham House
Abstract:
The business of global governance is set to become one of the key international policy issues of the twenty-first century. The governance of global business is one of the most difficult action points in this agenda. New issues are still emerging, not least among them a discussion on whether there is a need for tougher transnational regulation of multinational corporations. This Briefing Paper outlines the implications of one way of enforcing corporate environmental, social and human rights standards across borders: 'foreign direct liability'.
Topic:
International Law, International Political Economy, and International Trade and Finance

2285. Breaking with Tradition: Service Trade Liberalization in the EU and Germany

Author:
Jette Steen Knudsen
Publication Date:
06-2001
Content Type:
Working Paper
Institution:
Danish Institute for International Studies
Abstract:
This chapter asks why and how services that were not previously thought of as tradable have increasingly been opened up to international competition in EU member states including even in Germany. The chapter contrasts an explanation that focuses on the impact of economic interests with an explanation that focuses on the impact of EU membership. The chapter argues that lobbying by producers or users of services cannot fully explain reform nor does EU membership simply constrain reluctant member state governments to adopt new legislation. Instead the chapter argues that in important service sectors the German government has promoted trade reform even sometimes in the face of strong opposition from providers, consumers, and unions. The chapter maintains that a crucial key to liberalisation is the emergence of a break in government opposition. In particular, the ability of the government to re-interpret services as regular tradable products combined with new regulation to "shelter" exposed groups such as consumers and workers against potential harm. Implications of this claim for future service sector liberalisation are subsequently discussed.
Topic:
Economics and International Trade and Finance
Political Geography:
Europe and Germany

2286. In Tempestuous Waters: Denmark and the WTO Regime

Author:
Erik Beukel
Publication Date:
04-2001
Content Type:
Working Paper
Institution:
Danish Institute for International Studies
Abstract:
International trade negotiations and the World Trade Organisation (WTO) have come into the public limelight. Until a few years ago, the governance of the world trading system, encapsulated in General Agreement on Tariffs and Trade (GATT), was considered a mundane and dull subject to which only a few people with a special economic interest payed attention. Today, however, the problems dealt with in the WTO affect much broader economic interests and attract attention from different political persuasions and social movements, as illustrated by the battle in Seattle, in December 1999, when the Third Ministerial conference of the WTO was met by massive demonstrations organised by multifarious NGOs. Generally, multilateral economic institutions, such as the World Bank, the International Monetary Fund (IMF), and the WTO, have become tempestuous waters, because among other things these institutions are contested by a medley of non-governmental organisations (NGOs) and grass roots movements (O'Brien et al. 2000). The conflict centres on “globalisation”, a controversial and ambiguous notion (Hirst and Thompson 2000), and the WTO is a focal point of the globalisation storm (Hart 1997).
Topic:
Economics, International Trade and Finance, and Politics
Political Geography:
Europe

2287. Targeted Financial Sanctions: A Manual for Design and Implementation

Author:
Thomas J. Biersteker, Sue Eckert, Natalie Reid, and Peter Romaniuk
Publication Date:
01-2001
Content Type:
Working Paper
Institution:
Watson Institute for International and Public Affairs at Brown University
Abstract:
In recent years, the concept and strategy of targeted sanctions imposed by the United Nations Security Council under Chapter VII of the Charter of the United Nations, have been receiving increased attention. Practitioners and analysts generally agree that better targeting of such measures on the individuals responsible for the policies condemned by the international community, and the elites who benefit from and support them, would increase the effectiveness of sanctions, while minimizing the negative impact on the civilian population. The considerable interest in the development of targeted sanctions regimes has focused primarily on financial sanctions, travel and aviation bans, and embargoes on specific commodities such as arms or diamonds.
Topic:
Security, Foreign Policy, Human Rights, and International Trade and Finance
Political Geography:
United Nations

2288. Can International Capital Standards Strengthen Banks in Emerging Markets?

Author:
Liliana Rojas-Suarez
Publication Date:
11-2001
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics
Abstract:
Who should determine banks' capital standards: authorities or markets? What is the right definition of core capital: equity only or equity plus subordinated debt? Can the assessment of banks' individual credit risks by external rating agencies be of equal or better quality than the assessments derived from banks' own internal rating systems? These are some of the key financial regulatory issues currently being discussed by analysts in industrial countries, especially in the context of the proposed modification to the Basel Capital Adequacy Accord: Basel II is expected to replace the original 1988 Accord.
Topic:
Economics, International Trade and Finance, and Political Economy

2289. Macroeconomic Implications of the New Economy

Author:
Martin Neil Baily
Publication Date:
09-2001
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics
Abstract:
Together with many policymakers and economists, I see in the 1990s expansion signs that new technologies that had been emerging for some time were finally paying off in stronger economic performance. I will use the expression 'new economy' to describe this period, although I recognize the pitfalls in this name. New economy is probably too broad a term and implies both more change and more permanent change than actually took place. But 'information economy' seems too narrow a term to describe the set of interrelated forces bringing about change in the economy, that include increased globalization, a more intense pressure of competition, the rapid development, adoption and use of information and communications technology (IT) and a favorable economic policy environment.
Topic:
Economics, Government, International Trade and Finance, and Political Economy

2290. Finance and Changing US-Japan Relations: Convergence Without Leverage—Until Now

Author:
Adam S. Posen
Publication Date:
08-2001
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics
Abstract:
In the postwar era, US-Japan economic relations have been characterized by substantial tensions, yet this has not damaged the underlying security relationship or critically harmed the multilateral economic framework. In fact, these two economies have become more integrated over time even as these tensions played out. These tensions, however, have required an enormous expenditure of political capital and officials' time on both sides of the Pacific and have led to foregone opportunities for institution building and policy coordination. They have deepened since Japan “caught up” with the United States around 1980, and Japanese and US firms began increasingly to compete for profits and market share in the same sectors. Moreover, as both the US and Japanese economies continue to mature – both in terms of the age of their populations and their industrial mix – they will likely face even greater tensions between them over allocating the management and costs of industrial adjustment.
Topic:
Economics, International Trade and Finance, and Political Economy
Political Geography:
United States, Japan, Israel, and East Asia