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2551. The Future of Microfinance

Author:
Muhammad Yunus and Claire Heiden
Publication Date:
03-2020
Content Type:
Journal Article
Journal:
Brown Journal of World Affairs
Institution:
Brown Journal of World Affairs
Abstract:
Muhammad Yunus is an economist and the founder of Grameen Bank, which provides microcredit to the impoverished without requiring collateral. Yunus and Grameen were awarded the Noble Peace Prize in 2006.
Topic:
Poverty, Capitalism, Business, Interview, and Microfinance
Political Geography:
Global Focus

2552. Protecting Stateless Refugees in the United States

Author:
David Baluarte
Publication Date:
03-2020
Content Type:
Journal Article
Journal:
Brown Journal of World Affairs
Institution:
Brown Journal of World Affairs
Abstract:
Miliyon is a stateless, failed asylum seeker residing in the United States. He initially sought refugee protection after he fled Ethiopia, where he had faced serious abuse because of his Eritrean ethnicity. Immigration authorities denied him asylum after concluding that the Ethiopian government’s deportation of his Eritrean father, the seizure of his family’s land and business, and the detention and torture of Miliyon himself constituted a property dispute not protected under U.S. refugee law. Miliyon fought this denial of protection over the next decade through various appeals processes but ultimately failed. At that point, he applied for a passport at the Ethiopian embassy in Washington, D.C. and resigned himself to return home and face whatever fate awaited him. Consular officials, however, refused to issue him a passport. Despite never having set foot in Eritrea or having any other connection to the country, Miliyon was told that he was Eritrean, not Ethiopian. He was informed that he had no right to return to Ethiopia, his country of birth and the only place he had ever lived. This led the United Nations High Commissioner for Refugees (UNHCR) to declare Miliyon stateless. As a victim of discriminatory denationalization, Miliyon tried to renew his application for refugee protection. Notwithstanding the fact that Miliyon had endured this persecutory treatment, U.S. authorities once again denied his claim.
Topic:
Migration, Refugees, Stateless Population, and Protection
Political Geography:
North America and United States of America

2553. The Geopolitical Consequences of Oil in Africa: The Case of Nigeria

Author:
Cyril Obi
Publication Date:
03-2020
Content Type:
Journal Article
Journal:
Brown Journal of World Affairs
Institution:
Brown Journal of World Affairs
Abstract:
Oil endowment has been a significant factor in Africa’s history, politics, and development. The continent was positioned strategically following the global energy transition from coal to crude oil in the latter part of thenineteenth and early part of the twentieth centuries, which shaped the history of oil in Africa.1 Today, Africa’s oil reserves serve both as a supply of oil to the global market and as a node for the continued integration of the continent’s petro-economies into a volatile global oil market. However, the fortunes of Africa’s oil-producing states depend on a commodity whose price they do not determine, and they find themselves with limited options to collectively leverage their positions on the global stage. This article explores the geopolitical consequences of the imminent energy transition from oil to non-carbon and renewable sources of energy for Africa’s largest oil producer and exporter: Nigeria. It argues that the growing use of non-carbon and renewable forms of energy will impact African oil producers negatively, particularly in relation to economic growth, national stability, and diminished international influence. The potential impact of a global energy transition for Nigeria is significant for a continent whose oil producers include Algeria, Angola, Chad, Egypt, Equatorial Guinea, Gabon, Libya, and South Sudan—particularly when grappling with its emerging implications. This transi- tion assumes greater importance in the face of new oil discoveries in other Afri- can countries such as Ghana, Mauritania, Mozambique, Kenya, Tanzania, and Uganda. The new oil discoveries have revived the debate over the implications of the geopolitics of oil in Africa, as well as in an energy-hungry world that is simultaneously caught in a “global energy dilemma.”2
Topic:
Oil, Geopolitics, Energy, and Energy Transition
Political Geography:
Africa and Nigeria

2554. In the Era of U.S. Energy Abundance: The Role of the Caspian Region in U.S. Policy

Author:
Brenda Shaffer
Publication Date:
03-2020
Content Type:
Journal Article
Journal:
Brown Journal of World Affairs
Institution:
Brown Journal of World Affairs
Abstract:
For most of the last fifty years, international energy policy has been a major focus of U.S. foreign and national security policy.1 Washington has viewed en- suring the energy security of its allies—especially in Europe, Japan, and South Korea—as part of its own national security. In this approach to energy policy, the United States was unique and contrasted with most Western countries, which generally treated energy policy as part of their economic and/or environmental policies. Washington has engaged in international energy policy on the highest executive levels in the White House and established influential units within cabinet departments and agencies to promote international energy policies and to integrate them with U.S. national security and foreign policies. Within the Department of State, successive special ambassadors were appointed to promote various international and regional energy policies and, in 2011, a full Bureau of Energy Resources was established.2
Topic:
Foreign Policy, Energy Policy, National Security, and Oil
Political Geography:
North America, Caspian Sea, and United States of America

2555. Financial Innovation for Energy Innovation

Author:
Ashby Monk and Soh Young In
Publication Date:
03-2020
Content Type:
Journal Article
Journal:
Brown Journal of World Affairs
Institution:
Brown Journal of World Affairs
Abstract:
The move toward a global energy transition is underpinned by the collec- tive need to limit the most severe impacts of climate change as well as to foster more sustainable economic growth. Floating photovoltaic power stations on Chinese lakes, integrated carbon capture technology on large-scale power plants in Canada, and decentralized urban wind turbines on Singaporean rooftops are just a few examples of how radical innovations in clean energy technology are fueling the global energy transition.1 Bringing cutting-edge technology from the lab to the global energy market requires a supportive ecosystem. Innovation must be matched by market readiness to adopt disruptive technologies, local capacities to scale up new energy projects, energy policies with climate objectives, technological development, and sufficient and “aligned” investment capital. This article focuses specifically on the last requirement: the characteristics of investment capital needed to support clean energy innovation. Investors are key players in the future of energy, as they must drive innovation in the financial system to meet the scale of capital needed to transform the energy industry. Both a lack and misalignment of investment capital have hindered important technological leaps in sustainable energy.2 One such example is the severe financing shortage in commercializing novel clean energy technology. The most prominent financing issue associated with commercializing novel clean technology (cleantech) has been termed the “valley of death,” which refers to the pattern in which most early-stage cleantech is severely underfunded, resulting in innovation being abandoned before reaching full-sized deployment. There are many causes of this “valley of death,” but the common threads among them are the sheer number of financial risks in the energy industry and the inability to fully understand and manage these risks within the energy ecosystem.3
Topic:
Finance, Investment, Innovation, Energy, and Energy Transition
Political Geography:
Global Focus

2556. The ICRC’s Changing Role in International Humanitarianism

Author:
Peter Maurer, David Del Terzo, and Caroline Allen
Publication Date:
03-2020
Content Type:
Journal Article
Journal:
Brown Journal of World Affairs
Institution:
Brown Journal of World Affairs
Abstract:
Peter Maurer is the President of the International Committee of the Red Cross (ICRC). This interview was conducted at the beginning of March, before the COVID-19 outbreak had reached pandemic levels. Since that time, the ICRC has been adapt- ing its operations to respond to the disease’s impacts in conflict-affected countries. President Maurer wrote about his concerns for vulnerable populations in an opinion column in The Guardian, published 27 March 2020.
Topic:
Humanitarian Aid, Conflict, and ICRC
Political Geography:
Global Focus

2557. World Oil Security on a Precipice

Author:
Charles F. Doran
Publication Date:
03-2020
Content Type:
Journal Article
Journal:
Brown Journal of World Affairs
Institution:
Brown Journal of World Affairs
Abstract:
By attacking a major Saudi oil facility at Abqaiq on 13 September 2019, Iran established a new norm regarding oil security. Now, no oil field, pipeline, refinery, supertanker, or port facility is free from internecine warfare between oil-producing (OPEC) governments. Ironically, in attempting to defend a coun- try from supply interruption, the United States risks worsening the magnitude and scope of that supply interruption rather than preventing its occurrence. In the era of highly accurate drones and missiles, the old oil field motto “all oil comes from a single barrel” has taken on a newly negative connotation. World oil stability rests on a precipice. Both exporters and importers suffer from supply interruption, although perhaps not equally, universally, or simultaneously. Supply interruption may benefit those who have oil to sell through resultant oil price increases if their own exports have not been interrupted. The same cannot be said for buyers who, unless they are energy speculators on the futures market, ardently want to prevent supply interruption and the virtually certain subsequent (though sometimes not lasting) increase in price.
Topic:
Security, Markets, Oil, and Energy
Political Geography:
Global Focus and Gulf Nations

2558. Energy Futures: Oil and the Oil Industry

Author:
Richard A. Sears
Publication Date:
03-2020
Content Type:
Journal Article
Journal:
Brown Journal of World Affairs
Institution:
Brown Journal of World Affairs
Abstract:
Abundant affordable energy has built the world in which we live today. Machines and the chemical energy that drives them have made it possible for a small percentage of the population to produce enough food for many of us to be scientists, engineers, artists, and authors. We are only able to pursue our diverse interests because available energy multiplies human effort many times over. With all the good that has come with access to energy resources extracted from the Earth, there is also an environmental price, which impacts our land, water, and air. My intent here is not to debate the merits of our current energy system; it is the reality in which we exist. Humans and human society have become de- pendent on energy in so many ways that we cannot simply undo what we have and flip overnight to alternatives that we believe preserve the benefits without the costs. The scale of our global energy use is enormous, and the infrastruc- ture we have built to deliver that energy and convert it to useful work has been developed over more than a century. It will realistically take several decades for energy alternatives to grow to replace the major sources of primary energy that we utilize today; similarly, it will take many decades to rebuild our energy infrastructure to efficiently utilize new sources of primary energy.1
Topic:
Climate Change, Oil, Renewable Energy, Industry, and Energy
Political Geography:
Global Focus

2559. Reflections on the U.S.–Mexico Relationship

Author:
Gerónimo Gutiérrez Fernandez
Publication Date:
03-2020
Content Type:
Journal Article
Journal:
Brown Journal of World Affairs
Institution:
Brown Journal of World Affairs
Abstract:
Gerónimo Gutiérrez Fernández served as Mexico’s Ambassador to the United States (2017-2018). He played a prominent role in the negotiation of the United States of America, Mexico and Canada Agreement (USMCA). Currently, he is managing partner of BEEL Infrastructure, a specialized advisory & asset management firm focused on the infrastructure sector in Latin America. He also provides strategic advice to businesses and governments on political risk, public affairs and communications and business development; and serves in the Board of Directors of U.S. – Mexico Business Association (AEM) and the Advisory Board of the Woodrow Wilson Center’s Mexico Institute.
Topic:
Foreign Policy, Diplomacy, Bilateral Relations, and Trade
Political Geography:
North America, Mexico, and United States of America

2560. Casualties of War: The Legacy of South Korean Participation in the Vietnam Conflict

Author:
Christos G. Frentzos
Publication Date:
04-2019
Content Type:
Journal Article
Journal:
International Journal of Korean Studies
Institution:
International Council on Korean Studies
Abstract:
After the United States, the Republic of Korea sent more troops to Vietnam than any other nation. Approximately 325,000 South Korean soldiers served in Vietnam between 1964 and 1973. Although the Korean military and economy benefited substantially from the conflict, the war also left some deep scars on the national psyche. While the government did not permit public criticism of the war in the 1960s and 1970s, South Koreans have now finally begun to confront their troubled Vietnam legacy. Often referred to as Korea’s “forgotten war,” the Vietnam Conflict has recently made its way into Korean popular culture through movies, novels and songs about the war. Increased freedom and democracy has created an environment where both the Korean government and the people have begun to openly discuss issues such as Post-traumatic Stress Disorder and alleged wartime atrocities committed by South Korean servicemen. This paper will analyze some of the more controversial aspects of Korea’s involvement in the Vietnam War and examine how South Koreans themselves have addressed these issues both officially and within their popular culture during the last few decades.
Topic:
War, History, Culture, Media, Conflict, Atrocities, Vietnam War, and Veterans
Political Geography:
Asia, South Korea, Vietnam, and United States of America