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911. The Strategic Imperatives of Modi's Indo-Pacific Ocean Initiative

Author:
Jagannath P. Panda
Publication Date:
04-2020
Content Type:
Working Paper
Institution:
East-West Center
Abstract:
The concepts of ‘strategic autonomy’ and ‘inclusiveness’ have been core to India’s Indo-Pacific policies. Without taking a defined position on the contested power politics in the Indo-Pacific, India has largely maintained cordial relations with most countries and stakeholders in the region. As a corollary to this, the rubric of Security and Growth for All in the Region (SAGAR) advances India’s maritime diplomacy in the Indo-Pacific, reflecting India’s desire to manage maritime security and governance in the Indian Ocean Region (IOR). Prime Minister Narendra Modi’s proposition to establish the Indo-Pacific Ocean Initiative (IPOI) at the 14th East Asia Summit (EAS) on November 4, 2019, primarily draws on this assertion.
Topic:
Security, Foreign Policy, Economy, and Narendra Modi
Political Geography:
India and Indo-Pacific

912. Pyongyang's Foreign Relations: Amidst a Diplomatic Standstill, Will Old Friendships Fade Away?

Author:
Daniel Wertz
Publication Date:
05-2020
Content Type:
Working Paper
Institution:
East-West Center
Abstract:
North Korea’s tumultuous path over the past few years from nuclear standoff to summit diplomacy put a spotlight on Pyongyang’s bilateral relations across the Indo-Pacific. The February 2017 assassination of Kim Jong Un’s exiled half-brother at the Kuala Lumpur airport dramatized the malign aspects of North Korea’s overseas presence, and presaged Southeast Asia’s role as an important front in the incipient U.S.-led maximum pressure campaign against Pyongyang. As maximum pressure transitioned to engagement with North Korea, U.S.-DPRK summits in Singapore and Vietnam raised hopes that North Korea could follow the examples of these host nations, and move forward on a more hopeful path toward economic development and reconciliation with old adversaries.
Topic:
Foreign Policy, Diplomacy, Regional Cooperation, and Sanctions
Political Geography:
Asia, North Korea, and Pyongyang

913. Taking Stock of United States-Vietnam Relations 45 Years After the Fall of Saigon

Author:
Huong Le Thu
Publication Date:
06-2020
Content Type:
Working Paper
Institution:
East-West Center
Abstract:
Dr. Huong Le Thu, Senior Analyst at the Australian Strategic Policy Institute, explains that “To many, shared concerns about China are the driving force for Vietnam‐U.S. relations.”
Topic:
Bilateral Relations and Geopolitics
Political Geography:
China, Vietnam, North America, Southeast Asia, and United States of America

914. Tracking COVID-19 in the Age of AI and Tech Wars

Author:
June Park
Publication Date:
07-2020
Content Type:
Working Paper
Institution:
East-West Center
Abstract:
June Park, political economist at the National Research Foundation of Korea, explains that “even the like-minded countries of GPAI have revealed their differences and institutional variance in deploying digital technology to fight COVID-19 at a time of grave national emergency and public health crisis.”
Topic:
Science and Technology, Crisis Management, Trade, Artificial Intelligence, Pandemic, COVID-19, and Health Crisis
Political Geography:
Asia and Global Focus

915. Mongolia's Response to Increasing U.S.-China-Russia Rivalry in Asia

Author:
Alicia Campi
Publication Date:
08-2020
Content Type:
Working Paper
Institution:
East-West Center
Abstract:
Dr Alicia Campi, President of the Mongolia Society, explains that “The [“Third Neighbor”] policy was reinterpreted in content and meaning to include cultural and economic partners as diverse as India, Brazil, Kuwait, Turkey, Vietnam, and Iran. With increased superpower rivalry in its region, Mongolia has expanded this basic policy.”
Topic:
Foreign Policy, Partnerships, and Economy
Political Geography:
Russia, China, Turkey, India, Mongolia, Asia, Kuwait, Brazil, North America, and United States of America

916. The United States and Fiji Reaffirm Security Assistance Cooperation

Author:
Steven McGann
Publication Date:
09-2020
Content Type:
Working Paper
Institution:
East-West Center
Abstract:
The United States and Fiji continue to strengthen security cooperation in the Indo-Pacific region. Ties between the regional partners endured throughout Fiji’s 2006 military takeover and resultant domestic political challenges. During this period Washington’s engagement with Suva included humanitarian assistance/disaster response, maritime security, law enforcement cooperation, counter-narcotics, and anti-trafficking of vulnerable populations.
Topic:
Security, Defense Policy, International Cooperation, Partnerships, and Geopolitics
Political Geography:
United States of America and Fiji

917. Financing Public Private Partnerships (PPPs) in Botswana Through the Capital Market

Author:
Kelesego Mmolainyane
Publication Date:
03-2020
Content Type:
Working Paper
Institution:
Botswana Institute for Development Policy Analysis
Abstract:
In her quest to further graduate to the high-income status, Botswana seeks to invest more in infrastructure development for both productive and social use. An efficient and effective infrastructure provision is fundamental to excellent public service delivery and access. Sadly, Botswana, like many other world economies, has a challenge of having an infrastructure financing gap. One of the innovative ways to fill this gap is through public private partnerships (PPPs) with the capital market that has excess liquidity. Infrastructure PPPs are complex and capital intensive projects that require project finance experts to advise parties involved regarding returns and risks associated with each project. Various project-financing models can be designed to suit project specifications and they cannot be over-generalised for all PPP projects. Nevertheless, given the tight fiscal space, Botswana now, more than ever, should consider issuing PPP bonds and applying user changes model to finance economic PPP infrastructure for sustainable and inclusive economic growth.
Topic:
Development, Economics, Infrastructure, Finance, Public Sector, Economic Development, and Private Sector
Political Geography:
Africa and Botswana

918. Key Drivers of Industrial Growth: A Case Study of Botswana’s Manufacturing Sector

Author:
Johanne Motsatsi and Goitseone Khanie
Publication Date:
03-2020
Content Type:
Working Paper
Institution:
Botswana Institute for Development Policy Analysis
Abstract:
The paper examines the key determinants of industrial growth in Botswana, using manufacturing sector value added as the proxy for industrial growth. It employs the Autoregressive Distributed Lag (ARDL) cointegration approach using annual time series data for the period 1983 to 2015. Empirical results show that industrial growth is driven by financial sector development, human capital development, trade openness and foreign direct investment. Specifically, domestic credit to the private sector as a percentage of GDP and secondary school enrolment ratio are found to be significantly related to manufacturing value added as a percentage of GDP both in the long run and short run. While the relationship is limited to long run for total trade to GDP, it only exits in the short run for FDI net inflows. The study therefore recommends that policy makers should design and ensure proper implementation of financial sector development strategies that can help ease access to credit for manufacturing enterprises in the country. There is also a need for a holistic approach in the design and implementation of innovation and human resource development policies in order to provide a conducive environment for skills acquisition, innovation and technological advancements in the manufacturing sector. Trade policies and export promotion strategies should heighten productivity and value addition in the manufacturing sector, so as to make local firms internationally competitive. Finally, with regards to FDI, the Government of Botswana should create an environment that could entice multinationals to invest in the local manufacturing industry. This, however, should be coupled with protectionist policies to avoid crowding out local manufacturers and exposing them to foreign competition.
Topic:
Development, Economics, Economic growth, Manufacturing, Economic Development, and Industrialization
Political Geography:
Africa and Botswana

919. Ordinary Shareholders' Rights Protection in Botswana

Author:
Ratang Sedimo and Kelesego Mmolainyane
Publication Date:
03-2020
Content Type:
Working Paper
Institution:
Botswana Institute for Development Policy Analysis
Abstract:
This study seeks to examine institutional frameworks that exist in Botswana to protect the rights of ordinary shareholders. There is no literature on the subject matter in the context of Botswana; hence this study attempts to fill in the literature gap. The study uses a variety of data collection methods, such as semi-structured interviews, the Choppies case study and lessons learnt from other jurisdictions. Findings reveal that ordinary shareholders’ rights protection involves the use of institutional frameworks. In Botswana, existing frameworks are not adequate to protect ordinary shareholders’ rights. Furthermore, the study shows that ordinary shareholders in Botswana are mainly exposed to risks of losing their investments, partially or entirely, in case of non-compliance to regulatory requirements as shown by the reduction in Choppies’ stock price from P1.20 to P0.40 between years 2012 and 2018. The study suggests that the existing institutional frameworks should be reviewed to ensure adequate protection of ordinary shareholders’ rights.
Topic:
Security, Economics, Human Rights, Investment, Macroeconomics, Land Rights, and Labor Rights
Political Geography:
Africa and Botswana

920. Whistleblowing in Botswana's Construction Industry : A Public and Private Sector Perspective

Author:
Marumo Omotoye
Publication Date:
03-2020
Content Type:
Working Paper
Institution:
Botswana Institute for Development Policy Analysis
Abstract:
The construction industry (CI) is considered one of the most corrupt both internationally and regionally. Therefore, this study examined the views and attitudes of professionals in Botswana’s CI towards the role whistleblowing (or protected disclosure) can play in curbing corruption in the sector. A convergent mixed methods approach was adopted. Semi-structured interviews were conducted with key stakeholders from the construction industry. Furthermore, a self-administered survey was utilised to collect quantitative data from 117 construction firms. Data revealed that there was little awareness of whistleblowing legislation. Fear of retaliation or punishment and job loss, and a lack of education on whistleblowing were identified as some of the most substantial barriers to effective whistleblowing in the industry. From a public policy perspective, it is recommended that an emphasis be placed on improving levels of education and awareness on whistleblowing in the construction sector. In addition, there should be consideration to amend the Whistleblowing Act 2016 to include construction industry regulators, the Public Procurement and Asset Disposal Board, and private media amongst the list of institutions authorised to receive reports of impropriety in order to extend the scope of legal protection to whistleblowers in the sector. Recommendations for further research are provided.
Topic:
Corruption, Development, Economics, Public Sector, Manufacturing, Economic Development, Private Sector, Industry, and Whistle Blowing
Political Geography:
Africa and Botswana