Search

Begin New Search Topic International Political Economy Content Type Commentary and Analysis

31. Assault on the Liberal Trading Order

Author:
Vinod K Aggarwal
Publication Date:
11-2017
Content Type:
Commentary and Analysis
Institution:
Berkeley APEC Study Center
Abstract:
Given the hotly contested U.S. presidential election and the surprising victory of Donald Trump, followed by the flurry of executive actions, it is easy to lose sight of the broader challenges to the U.S.-promoted post-Second World War economic order. My analysis proceeds in four parts. First, I consider how we have moved away from multilateral to bilateral trade negotiations. Second, I consider how the consensus for a liberal trade order has frayed, focusing on systemic changes, U.S. domestic political economic conflicts, and a rethinking of the ideological consensus around the benefits of free trade. Third, I highlight factors that drove the demise of TPP. I conclude by looking at the future of trade accords in the Asia-Pacific.
Topic:
International Political Economy and International Affairs
Political Geography:
Global Focus

32. Overselling the Trans pacific Partnership: The Trade Security Nexus

Author:
Vinod K Aggarwal
Publication Date:
01-2017
Content Type:
Commentary and Analysis
Institution:
Berkeley APEC Study Center
Abstract:
For decades, first under the auspices of the General Agreement on Tariffs and Trade (GATT) and then its successor organization the World Trade Organization (WTO), countries successfully negotiated the reduction of both tariffs and nontariff barriers every few years. But in December 2015, after 14 years of fruitless negotiations, WTO members terminated the Doha Round.
Topic:
International Political Economy and International Affairs
Political Geography:
Global Focus

33. Deciphering China’s Coal Ban from North Korea:

Author:
Debalina Ghoshal
Publication Date:
03-2017
Content Type:
Commentary and Analysis
Institution:
Council on International Policy (CIP)
Abstract:
For years, the Chinese have remained soft towards North Korea when it came to imposing sanctions on them for their nuclear and ballistic missile tests. The United Nations Security Council (UNSC) has prohibited Pyongyang from testing nuclear and ballistic missiles but yet Pyongyang has continued to do develop and conduct nuclear and ballistic missile tests. In February 2017, North Korea test fired a ballistic missile which was reported to be a modified version of their Musudan missile with range of 2500-4000km. At present, North Korea’s missile arsenal consists Scud-D, Nodong, Taepo Dong-1 and 2 and Musudan ballistic missiles. In addition, North Korea is also working on submarine launched ballistic missile (SLBM).
Topic:
Energy Policy and International Political Economy
Political Geography:
China and North Korea

34. Counting Women’s Work: Measuring the gendered economy in the market and at home

Author:
Sidney B. Westley
Publication Date:
01-2017
Content Type:
Commentary and Analysis
Institution:
East-West Center
Abstract:
Through the ages, women have specialized in the unpaid work of raising children, maintaining households, and caring for others, while men have been more likely to earn wages in the market (Watkins et al. 1987). As fertility rates have declined, however, women have joined the labor force outside the home in growing numbers. Understanding how women’s economic roles are changing and how and why they may change in the future is crucial for understanding the economic effects of changes in population age structure. It is also vital for improving gender equality, ensuring the wellbeing of children and other family members, and maintaining a healthy rate of economic growth.
Topic:
Gender Issues and International Political Economy
Political Geography:
Global Focus

35. The Eurozone’s Hidden Strengths

Author:
Daniel Gros
Publication Date:
06-2017
Content Type:
Commentary and Analysis
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
For years, the eurozone has been perceived as a disaster area, with discussions of the monetary union’s future often centred on a possible breakup. When the British voted to leave the European Union last year, they were driven partly by the perception of the eurozone as a dysfunctional and possibly unsalvageable project. Yet, lately, the eurozone has become the darling of financial markets – and for good reason. The discovery of the eurozone’s latent strength was long overdue. Indeed, the eurozone has been recovering from the crisis of 2011-12 for several years. On a per capita basis, its economic growth now outpaces that of the United States. The unemployment rate is also declining – more slowly than in the US, to be sure, but that partly reflects a divergence in labour-force participation trends.
Topic:
International Political Economy and International Trade and Finance
Political Geography:
Europe

36. Could the decrease in Belgian government debt-servicing costs offset increased age-related expenditure?

Author:
Mikkel Barslund and Lars Ludolph
Publication Date:
06-2017
Content Type:
Commentary and Analysis
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
This paper argues that none of the secular trends that have driven down real interest rates over the past two decades is likely to reverse in the near future. Thus, real rates can be expected to remain low and government debt-servicing costs to decrease further over the coming years. Based on these findings, the authors calculate direct gains accruing to the Belgian government from lower net debt interest payments. The savings on interest payments are then contrasted with the projected future increases in age-related expenditures on pensions, education and long-term care. The findings indicate that, if savings on interest payments are channelled to cover the increases in age-related expenditures, they will fully offset financing needs in these areas until 2030. The calculations are robust to a moderate increase in interest rates.
Topic:
International Political Economy
Political Geography:
Belgium

37. Brexit: No ordinary third country

Author:
Andrew Duff
Publication Date:
07-2017
Content Type:
Commentary and Analysis
Institution:
European Policy Centre (EPC)
Abstract:
Following the start of the Brexit negotiations on 19 June, Andrew Duff reviews the state of play, namely the discussions on EU citizens’ rights, the Irish border, the financial commitments and the future role of the ECJ. He welcomes the Commission’s proposal to create a Joint Committee to manage the actual exiting process. Duff regrets the irresolution on the British side, which hampers the possibility to define the future relationship with the European Union and consequently the transitional arrangements that UK business so badly needs. Given the UK’s state of confusion after the electoral results of 2016 and 2017, he suggests that the EU must make an offer to London on the basis of a wider reflection on the future not just of the smaller European Union but of the wider Europe.
Topic:
International Political Economy and Brexit
Political Geography:
Europe

38. What now? Options for Brexit – And a cry for help

Author:
Andrew Duff
Publication Date:
06-2017
Content Type:
Commentary and Analysis
Institution:
European Policy Centre (EPC)
Abstract:
In this paper, Andrew Duff reviews the intended and unintended consequences of the results of last week’s general election. He argues that: 1. Since both Labour and Conservatives campaigned to complete Brexit, there will be no more talk of the possible revocation of Article 50. Brexit does indeed mean Brexit. 2. Now Brexit is free from the shadow of immediate electioneering. And the new composition of the House of Commons has improved the chances that if there is an Article 50 treaty it will be approved. 3. The unintended consequence of the snap election has been to make a softer Brexit more likely. Mercifully, we should not hear again that “no deal is better than a bad deal” as a bust up of the Article 50 talks would lead to the collapse of the May government and the holding of another general election, much-feared by the Conservative party.
Topic:
International Political Economy and Brexit
Political Geography:
Europe

39. The shrinking Euro-Mediterranean policy space

Author:
Gonzalo Escribano
Publication Date:
09-2017
Content Type:
Commentary and Analysis
Institution:
Elcano Royal Institute
Abstract:
This analysis addresses changes in the Euro-Mediterranean strategic context and the erosion of the economic incentives built into Euro-Mediterranean policy to deal with such transformation. It also puts the case for a reformulation of Euro-Mediterranean policies, but argues that, rather than pursuing an incremental continuity, the EU should engineer a more radical overhaul of its mechanisms of governance, its instruments and its discourse.
Topic:
International Political Economy and International Affairs
Political Geography:
Europe

40. A Renewed Commitment to American Commercial Diplomacy

Author:
Charles A. Ford
Publication Date:
09-2016
Content Type:
Commentary and Analysis
Institution:
Council of American Ambassadors
Abstract:
The United States is the world’s leading exporter, the world’s leading importer, and the world’s primary source and destination of funds for foreign investment. Our position as the best place in the world to do business—the most reliable in which to buy, the most lucrative in which to sell, and the safest and surest in which to invest or to raise capital—is the cause, not an effect of American global leadership. Protecting and expanding the US role as the world’s supplier and customer of choice for goods, services, ideas, capital, and entrepreneurial energy should be a foreign policy objective second only to securing the homeland.”
Topic:
International Relations, Diplomacy, International Political Economy, and Geopolitics
Political Geography:
America and Global Focus