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  • Author: Ashley J. Tellis
  • Publication Date: 01-2014
  • Content Type: Policy Brief
  • Institution: Carnegie Endowment for International Peace
  • Abstract: China is poised to become a major strategic rival to the United States. Whether or not Beijing intends to challenge Washington's primacy, its economic boom and growing national ambitions make competition inevitable. And as China rises, American power will diminish in relative terms, threatening the foundations of the U.S.-backed global order that has engendered unprecedented prosperity worldwide. To avoid this costly outcome, Washington needs a novel strategy to balance China without containing it.
  • Topic: Foreign Policy, Defense Policy, Development, Emerging Markets
  • Political Geography: United States, China, America, Washington, Beijing, Asia
  • Author: Derek M. Scissors
  • Publication Date: 01-2014
  • Content Type: Policy Brief
  • Institution: American Enterprise Institute for Public Policy Research
  • Abstract: New data published in the American Enterprise Institute-Heritage Foundation China Global Investment Tracker show that China continues to invest heavily around the world. Outward investment excluding bonds stood at $85 billion in 2013 and is likely to reach $100 billion annually by 2015. Energy, metals, and real estate are the prime targets. The United States in particular received a record of more than $14 billion in Chinese investment in 2013. Although China has shown a pattern of focusing on one region for a time then moving on to the next, the United States could prove to be a viable long-term investment location. The economic benefits of this investment flow are notable, but US policymakers (and those in other countries) should consider national security, the treatment of state-owned enterprises, and reciprocity when deciding to encourage or limit future Chinese investment.
  • Topic: Security, Foreign Policy, Development, Economics, Emerging Markets, International Trade and Finance, Foreign Direct Investment, Sovereign Wealth Funds
  • Political Geography: United States, China, Asia
  • Author: Casey Garret Johnson, William A. Byrd, Sanaullah Tasal
  • Publication Date: 02-2014
  • Content Type: Policy Brief
  • Institution: United States Institute of Peace
  • Abstract: The still unsigned Bilateral Security Agreement (BSA) between Afghanistan and the United States provides the legal basis for continuing U.S. military presence in Afghanistan. In addition to its substantive importance, the BSA is also a confidence-building mechanism. The delay in putting it in place is compounding uncertainty and further diminishing economic confidence during Afghanistan's already challenging and uncertain transition. Afghans' responses include, among others, hedging behavior (legal and illegal), personal decisions on whether to come back to or stay in Afghanistan, delays in investments, incipient job losses, declining demand for goods and services and real estate prices, and farmers planting more opium poppy.
  • Topic: Defense Policy, Democratization, Development, Treaties and Agreements, Insurgency, Bilateral Relations
  • Political Geography: Afghanistan, United States, Asia
  • Author: Michael Semple
  • Publication Date: 01-2014
  • Content Type: Policy Brief
  • Institution: United States Institute of Peace
  • Abstract: The Afghan Taliban Movement has publicly rejected the legitimacy of the April 2014 elections. The Taliban's military leadership has issued instructions to officials and commanders to disrupt the elections but has left field commanders with wide discretion on how to go about doing so. Many in the Taliban follow the electoral contest closely and comment on developments in terms very similar to how they are described by the political and educated class in Kabul. However, the anti-election sentiment in the Taliban leaves no scope for any faction to cooperate with the process. The Taliban will likely be able to intensify violence approaching the election, but not sufficiently to derail the overall process.
  • Topic: Conflict Resolution, Democratization, Development, Islam, Armed Struggle, Counterinsurgency, Governance
  • Political Geography: Afghanistan, Asia
  • Author: Luke Simon Jordan, Katerina Koinis
  • Publication Date: 04-2014
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: Despite the region's economic growth over the last few decades, countries across Asia still face the complex challenge of structural transformation. Low-income economies must build formal industrial and service sectors from agricultural and informal bases; middle-income economies must move up the value chain; and high-income economies must continually generate new capabilities at the frontier of innovation.
  • Topic: Development, Economics, Industrial Policy, International Trade and Finance
  • Political Geography: Asia
  • Author: Lysa John
  • Publication Date: 06-2014
  • Content Type: Policy Brief
  • Institution: Oxfam Publishing
  • Abstract: In July 2014, a new multilateral and Southern-led development bank is expected to be launched by the leaders of Brazil, Russia, India, China and South Africa – better known as the BRICS. The BRICS Development Bank will provide a fresh source of finance for developing and emerging economies to meet their development needs. Little has been made public regarding the proposed Bank's core mandate or activities but while governments negotiate the technicalities of the Bank, it is critical that they also provide a solid vision of the principles, priorities and objectives on which the Bank's activities and operations will be premised. This policy brief recommends that these include commitments to: ending extreme poverty and inequality, with a special focus on gender equity and women's rights; aligning with environmental and social safeguards and establishing mechanisms for information sharing, accountability and redress; leadership on the sustainable development agenda; the creation of mechanisms for public consultation and debate; and the adoption a truly democratic governance structure.
  • Topic: Development, Economics, Gender Issues, International Cooperation, Poverty
  • Political Geography: Africa, Russia, China, Europe, India, Asia, South Africa, Brazil, South America
  • Author: Anna Maria Dyner, Natalia Ryabova
  • Publication Date: 08-2013
  • Content Type: Policy Brief
  • Institution: The Polish Institute of International Affairs
  • Abstract: Belarusian accession to the Common Economic Space (CES) was forced by two factors-the 2011 crisis and the necessity to gain cheap energy resources. Although Russia fulfilled its promises, decreasing gas and oil prices, Belarus is now feeling the negative results of the integration. According to CES rules, Belarusian authorities will have to tighten monetary policy, and reduce social spending and public financing of state-owned enterprises. The situation may be improved by foreign investments, but among the three CES countries, Belarus is the least attractive, especially since Russia joined the WTO and the because of the possible accession of Kazakhstan in the near future. Because of the need to carry out the major reforms in Belarus, the European Union has a greater chance to influence the situation in that country, for example by supporting modernisation projects.
  • Topic: Development, Oil, Natural Resources, Monetary Policy
  • Political Geography: Europe, Asia
  • Author: Francis X. Hezel
  • Publication Date: 01-2012
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: The Pacific is receiving a fair share of attention today from many quarters. Even as the parade of economic consultants continues, others are coming to explore concerns that have more recently claimed the attention of western nations. These concerns cover a broad range, including food security, global warming, elimination of illegal drug traffic in the region, prevention of AIDS or even drug-resistant tuberculosis, protection from spouse abuse, and public-school improvement. These are legitimate interests, but none of them addresses the central concern that vexes each of the island nations of Micronesia, and perhaps the islands elsewhere in the Pacific: How will the country grow its economy to ensure its survival in the future?
  • Topic: Development, Economics, Poverty, Foreign Aid
  • Political Geography: Asia, Australia, Island
  • Author: Paul Richardson
  • Publication Date: 02-2012
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: For the first time in its history, Russia this year assumed the leadership of a major Asia- Pacific forum—APEC. In September the organization's annual summit will be held in Vladivostok and through this congress Russia hopes to demonstrate to the world, and its own citizens, that the country is once again a power in both Europe and Asia. It is a bold vision, which is bound to Russia's national development strategy and Great Power aspirations. As one Russian diplomat told this author, if Russia really becomes involved in Asia it could change the country and also the world.
  • Topic: Foreign Policy, Development, International Affairs, Power Politics
  • Political Geography: Russia, Europe, Asia, Australia/Pacific
  • Author: William Byrd
  • Publication Date: 08-2012
  • Content Type: Policy Brief
  • Institution: United States Institute of Peace
  • Abstract: At the Tokyo conference on July 8, donors committed to provide massive civilian aid to Afghanistan and improve aid effectiveness, while the Afghan government committed to a number of governance and political benchmarks. The outcome at Tokyo exceeded expectations, but a review of Afghan and international experience suggests that implementing the Tokyo mutual accountability framework will be a major challenge. The multiplicity of donors could weaken coherence around targets and enforcing benchmarks, and undermine the accountability of the international community for overall funding levels. Uncertain political and security prospects raise doubts about the government's ability to meet its commitments, and political will for needed reforms understandably may decline as security transition proceeds and the next election cycle approaches. It is doubtful whether major political issues can be handled through an articulated mutual accountability framework with benchmarks and associated financial incentives. The civilian aid figure agreed upon at Tokyo ($16 billion over four years) is ambitious and exceeded expectations; if the international community falls short, this could be used to justify the Afghan government failing to achieve its benchmarks. Finally, given past experience there are doubts about how well the Joint Coordination and Monitoring Board (JCMB) process (mandated to oversee implementation), and the series of further high-level meetings agreed at Tokyo, will work.
  • Topic: Conflict Resolution, Security, Development, Economics, Governance, Law Enforcement
  • Political Geography: Afghanistan, Asia
  • Author: Togzhan Kassenova
  • Publication Date: 08-2012
  • Content Type: Policy Brief
  • Institution: Carnegie Endowment for International Peace
  • Abstract: The Asia-Pacific region epitomizes the type of proliferation challenges the international community faces. Globalization turned the region into one of the most important international trade hubs, the home to leading dual-use companies, and the anticipated site of the world's most significant growth in nuclear energy. While those trends are beneficial, they also create new sources of weapons of mass destruction (WMD) proliferation.
  • Topic: Arms Control and Proliferation, Development, Economics, International Trade and Finance, Markets, Weapons of Mass Destruction, Nuclear Power
  • Political Geography: Asia, Australia
  • Author: Priscilla Clapp, Suzanne DiMaggio
  • Publication Date: 02-2012
  • Content Type: Policy Brief
  • Institution: Asia Society
  • Abstract: In January 2012, an Asia Society delegation visited Burma/Myanmar to engage in a Track II dialogue with the Myanmar Development Resources Institute (MDRI), a newly created, independent think tank based in Yangon. The MDRI participants in the dialogue include advisors with a mandate to provide policy advice in the areas of political, economic, and legal affairs to President Thein Sein and his government. The goal of this informal dialogue is to establish an ongoing channel of communication between experts from both countries and to explore opportunities to advance U.S.–Myanmar relations during a particularly fluid and fragile period of transition in Myanmar.
  • Topic: Foreign Policy, Democratization, Development, Diplomacy
  • Political Geography: United States, Asia, Southeast Asia, Myanmar
  • Author: Saurav Pathak, André Laplume, Emanuel Xavier-Oliveira
  • Publication Date: 12-2012
  • Content Type: Policy Brief
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: Whether or not foreign direct investment (FDI) is essential for domestic technological and economic development remains a contentious question. The controversy is illustrated by comparing the Celtic and Asian Tigers experiences from 1995 to 2000. Based on IMF and World Bank data in constant prices, Ireland and China averaged an annual growth rate of 8% in GDP per capita. However, FDI per capita grew at an average pace of 98% per year in Ireland, while in China it decreased by 1% -- absolute values averaged US$ 3,397 versus US$ 144, respectively. This suggests that, rather than a one-policy-fits-all approach, customized policies are more appropriate; and, if any generalization can be made, it should be based on a country's stage of economic development.
  • Topic: Development, Economics, Emerging Markets, International Trade and Finance, Foreign Direct Investment
  • Political Geography: Israel, Asia
  • Author: Özdem Sanberk
  • Publication Date: 04-2012
  • Content Type: Policy Brief
  • Institution: International Strategic Research Organization (USAK)
  • Abstract: 2011 was undoubtedly a year that witnessed the beginning of grand transformations which will continue in the years ahead. The popular movements under the name of the Arab Spring started in Tunisia and spread quickly to the rest of the region, sparking the process of political transformation. In another part of the world, the economic crisis which began in Greece and then engulfed the whole eurozone took the European Union to a difficult test regarding its future. Both events, one lying to the south of Turkey and the other to its west, interact directly with our country and therefore its zone of interest. Ankara inevitably stands in the epicenter of these two transformations of which the effects will certainly continue for a long period. Consequently, rising as a stable focus of power with its growing economy and its expanding democracy, Turkey has tried to respond to historically important developments throughout the year. In light of these realities and developments, this study will focus on the performance of Turkish foreign policy with regard to global and regional transformations which took place during 2011.
  • Topic: Foreign Policy, Democratization, Development, Diplomacy, Islam
  • Political Geography: Europe, Turkey, Middle East, Asia
  • Author: Henry M. Paulson
  • Publication Date: 07-2012
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: For nearly four decades, there has been a broad consensus among US policy and opinion leaders that China's success will, ultimately, be good for the United States. But this long-standing consensus is now fraying. We need a new consensus, based on an updated framework that reflects the reality that China is no longer a "developing" economy but an increasingly established one.
  • Topic: Development, Economics, International Trade and Finance, Bilateral Relations
  • Political Geography: Asia, North America
  • Author: Shaheen Chughtai, Helen McElhinney
  • Publication Date: 01-2011
  • Content Type: Policy Brief
  • Institution: Oxfam Publishing
  • Abstract: Six months after the flood disaster began, this briefing paper evaluates the humanitarian response so far, the continuing crisis, and the challenges that lie ahead. It looks at the immediate reconstruction task, as well as the underlying socio-economic and political issues that need to be tackled by the Government of Pakistan, backed by the international aid community, in order to help vulnerable Pakistanis rebuild stronger, safer communities and a more equitable and self-reliant country.
  • Topic: Development, Poverty, Natural Disasters
  • Political Geography: Pakistan, South Asia, Asia
  • Author: Sourabh Gupta
  • Publication Date: 03-2011
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: Civilizational, cultural, and geographic neighbors, India and Indonesia share striking commonalities in their modern historical trajectories. In both societies, European powers, the Dutch and the British, benefited from the decline of tired Islamic land empires to graft colonial modes of exploitation that progressed fitfully from coast to hinterland to interior. Following proto-nationalist revolt s, the Indian Sepoy Mutiny of 1857 and the Java War of 1825-30, both the Dutch and the British skillfully engineered a buffer of indigenous elite collaborators. This strategy succeeded to such an extent that their faraway possessions were governed by less than two hundred and a thousand expatriate administrators, respectively.
  • Topic: Democratization, Development, Post Colonialism, Bilateral Relations
  • Political Geography: Indonesia, India, Asia
  • Author: Harry G. Broadman
  • Publication Date: 02-2011
  • Content Type: Policy Brief
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: The dramatic increase in recent years of trade and foreign direct investment (FDI) in sub-Saharan Africa by firms from Asia—notably China and India—has become an emotionally charged issue. This is not surprising, since the resulting greater integration into international markets is exposing African firms and workers to greater competition, an inevitable by-product of development in today's globalized economy. Most assessments of this topic, with few exceptions, have relied on anecdotes and subjective judgments. Meaningful policy recommendations require systematic, objective analysis.
  • Topic: Development
  • Political Geography: Africa, China, India, Asia
  • Author: Ken Davies
  • Publication Date: 06-2011
  • Content Type: Policy Brief
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: The 48 least-developed countries (LDCs), most of them in sub-Saharan Africa and a few in Asia, need foreign direct investment (FDI) to help meet their development targets. The FDI they now receive, although inadequate, is enough to demonstrate that investors see potential in them. It is therefore realistic for LDCs to seek more FDI, but they need to enhance their investment environments to attract it in the much greater quantities required. Donors can help by targeting official development assistance (ODA) on investment in human capital and supporting governance improvements. Meanwhile, LDCs should establish effective investment promotion agencies (IPAs).
  • Topic: Development, Economics, Poverty, Foreign Aid, Foreign Direct Investment
  • Political Geography: Africa, Asia
  • Author: Jenny Ottenhoff
  • Publication Date: 09-2011
  • Content Type: Policy Brief
  • Institution: Center for Global Development
  • Abstract: The regional development banks (RDBs) are multilateral financial institutions that provide financial and technical assistance for development in low- and middle-income countries within their regions. Finance is allocated through low-interest loans and grants for a range of development sectors such as health and education, infrastructure, public administration, financial and private-sector development, agriculture, and environmental and natural resource management. The term RDB usually refers to four institutions:
  • Topic: Development, Economics, Foreign Aid, Foreign Direct Investment
  • Political Geography: Africa, Europe, Asia
  • Author: Todd Moss, Sarah Jane Staats, Julia Barmeier
  • Publication Date: 09-2011
  • Content Type: Policy Brief
  • Institution: Center for Global Development
  • Abstract: The international financial institutions dramatically increased their lending in 2008–09 to help developing countries cope with the global financial crisis and support economic recovery. Today, these organizations are seeking billions of dollars in new funding. The IMF, which only a few years ago was losing clients and shedding staff, expanded by $750 billion in 2009. The World Bank and the four regional development banks for Africa, Asia, Europe, and Latin America have asked to increase their capital base by 30 to 200 percent. A general capital increase (GCI) for these development banks is an unusual request. A simultaneous GCI request is a oncein- a-generation occurrence.
  • Topic: Development, Foreign Aid, Financial Crisis
  • Political Geography: Africa, Asia, Latin America, Ethiopia
  • Author: Jenny Ottenhoff
  • Publication Date: 09-2011
  • Content Type: Policy Brief
  • Institution: Center for Global Development
  • Abstract: The International Financial Institutions (IFIs) are multilateral agencies. The term typically refers to the International Monetary Fund (IMF), which provides financing and policy advice to member nations experiencing economic difficulties, and the multilateral development banks (MDBs), which provide financing and technical support for development projects and economic reform in low- and middle-income countries. The term MDB is usually understood to mean the World Bank and four smaller regional development banks: African Development Bank (AfDB). Asian Development Bank (ADB). European Bank for Reconstruction and Development (EBRD) Inter-American Development Bank (IDB).
  • Topic: Development, Economics, International Monetary Fund, Foreign Aid, World Bank
  • Political Geography: Africa, America, Europe, Asia
  • Author: Lidia Puka
  • Publication Date: 10-2011
  • Content Type: Policy Brief
  • Institution: The Polish Institute of International Affairs
  • Abstract: Indian decisions regarding the country's energy mix have global consequences. For this reason it is of paramount importance whether Indian declarations to take on climate change mitigation efforts could, indeed, mean a shift away from a fossil fuels-dominated energy mix and towards the deployment of renewable energy sources.
  • Topic: Climate Change, Demographics, Development, Economics, Energy Policy
  • Political Geography: Asia
  • Author: Karol Kujawa
  • Publication Date: 08-2011
  • Content Type: Policy Brief
  • Institution: The Polish Institute of International Affairs
  • Abstract: For several months, we have witnessed rapid change in the countries of North Africa. Researchers and politicians have raised questions about the future of Arab countries once the revolution has run its course. Will the new authorities attempt to build a theocratic state or will they follow the example of Turkey and implement democratic reforms? The latter choice is becoming increasingly popular in the Arab world. This article will address the key questions that come up in connection with Turkey and Arab countries, including: the source of Turkey's popularity in the Arab world, what do they have in common, what divides them and, finally, whether Turkey could become a model for Arab countries.
  • Topic: Democratization, Development, Economics, Islam
  • Political Geography: Africa, Turkey, Asia, Arabia
  • Author: William Case
  • Publication Date: 01-2011
  • Content Type: Policy Brief
  • Institution: East-West Center
  • Abstract: In an influential study, Fish and Kroenig argue that "overarching institutional designs" (i.e., presidential, parliamentary, and dual systems) tell us less about the prospects of a new democracy than does the particular strength of the legislature. Specifically, executives are best checked where legislatures are powerful, generating horizontal accountability. In addition, ordinary citizens are better informed by the robust party systems that strong legislatures support, fostering vertical accountability. In comparing Freedom House scores with their Parliamentary Powers Index (PPI), Fish and Kroenig show clear correlations, leading them to conclude that democracies are made strong by legislatures that are empowered. In this monograph, this thesis is tested in five country cases in Southeast Asia: the Philippines and Indonesia, both new democracies, and Malaysia, Cambodia, and Singapore, cases of electoral authoritarianism. Analysis uncovers that in the new democracies, though their legislatures may be rated as powerful, members are geared less to checking the executive than to sharing in state patronage. In addition, although the legislature is evaluated as weak under electoral authoritarianism, it features an opposition that, with little access to patronage, remains committed to exposing executive abuses. What is more, when the executive operates a regime type that lacks the full legitimacy gained through general elections, he or she grows more receptive to at least mild legislative scrutiny. Contrary to Fish and Kroenig, then, this study concludes that the executive is held more accountable by legislatures under electoral authoritarianism than in new democracies. But rather than leading to a transition to democratic politics, this accountability strengthens authoritarian rule.
  • Topic: Civil Society, Democratization, Development, Government, Politics
  • Political Geography: Malaysia, Asia, Cambodia, Singapore
  • Author: Raymond Gilpin, Lex Rieffel
  • Publication Date: 07-2010
  • Content Type: Policy Brief
  • Institution: United States Institute of Peace
  • Abstract: After decades of domestic conflict, military rule and authoritarian governance, Burma's economy could provide a viable entry point for effective international assistance to promote peace. Doing so would require a detailed understanding of the country's complex and evolving political economy.
  • Topic: Development, Political Economy, Foreign Direct Investment
  • Political Geography: Asia
  • Author: Ståle Ulriksen
  • Publication Date: 04-2010
  • Content Type: Policy Brief
  • Institution: Norwegian Peacebuilding Resource Centre
  • Abstract: Norway may be a marginal actor in Afghanistan as a whole, but its troop contingent and development aid programmes mean that it does play an important role in the north-west of the country as part of a joint overall effort with its allies and friends. This role is now facing a twofold test.
  • Topic: Conflict Resolution, Development, Humanitarian Aid, War
  • Political Geography: Afghanistan, Europe, Asia
  • Author: Ashley Jackson
  • Publication Date: 07-2010
  • Content Type: Policy Brief
  • Institution: Oxfam Publishing
  • Abstract: The Kabul Conference marks the ninth international conference on Afghanistan in nearly as many years. The conference aims to present a new set of development programs and shore up international support for civilian efforts. It will also follow up on commitments made on anticorruption and reconciliation during the London Conference in January 2010. Yet much of the hope and optimism that marked the earlier conferences such as the Bonn Conference in 2001, which set out the parameters for the interim government, and the Paris Conference in 2006, which outlined a strategy for reconstruction and development, is now gone.
  • Topic: Security, Development, War, Fragile/Failed State
  • Political Geography: Afghanistan, Asia
  • Author: Jasmine Burnley, Elizabeth Stuart
  • Publication Date: 10-2010
  • Content Type: Policy Brief
  • Institution: Oxfam Publishing
  • Abstract: When the G20 meets in Seoul in November 2010, it has a big choice to make. It can either retreat into a narrow focus on its own interests, or it can prove it is capable of genuine global leadership in the face of the interlinked economic, food, and climate change crises. The G20 must adopt a Seoul 'development consensus' that confronts the challenges of the 21st century: reducing inequality and tackling global poverty through sustainable, equitable growth that gives poor women and men, and their governments, the tools they need to overcome poverty.
  • Topic: Development, Poverty, Food
  • Political Geography: Israel, Asia, South Korea
  • Author: Lina Gong, Sofiah Jamil
  • Publication Date: 11-2010
  • Content Type: Policy Brief
  • Institution: Centre for Non-Traditional Security (NTS) Studies
  • Abstract: The demand for coal is set to increase over the coming years, especially among developing countries. However, while coal may be a cheap source of energy to facilitate economic development, it is costly in terms of the implications for human security. Coal mining has been seen to adversely impact local communities and cause sociopolitical instability. Long-term environmental sustainability is also negatively affected. This NTS Insight seeks to examine the extent to which governance mechanisms have been successful in mitigating these socioeconomic and environmental costs, with a focus on China and Indonesia. The paper will also assess the effectiveness of current initiatives designed to address the various forms of human insecurities stemming from coal mining in the two countries.
  • Topic: Development, Energy Policy, Environment
  • Political Geography: China, Asia
  • Author: Peter McCawley
  • Publication Date: 06-2009
  • Content Type: Policy Brief
  • Institution: Lowy Institute for International Policy
  • Abstract: What is the problem? In addition to the current Global Financial Crisis (GFC), there is a second global crisis: long-term mass poverty in the third world. While the rich world worries about a repeat of the Great Depression, today more than a billion people in Asia live in conditions of bitter poverty which are much worse than those of the 1930s. As a result of the GFC, poverty in developing Asia is now likely to increase.
  • Topic: Development, Economics, Poverty, Financial Crisis
  • Political Geography: Asia
  • Author: Gert Bruche
  • Publication Date: 04-2009
  • Content Type: Policy Brief
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: With some delay, the internationalization of business R is following the globalization of production. Starting on a small scale during the 1970s and 1980s, the emergence of globally distributed R networks of multinational enterprises (MNEs) accelerated rapidly in the 1990s. The “globalization of innovation” was facilitated and driven by a complex set of factors, including changes in trade and investment governance, improved intellectual property rights through TRIPS, the growing ease and falling cost of communicating and traveling around the globe, and the concomitant vertical industry specialization and unbundling of value chains. The growing and sustained level of cross-border M was one major direct driver, often having the effect that merged firms inherited multiple R sites in a number of countries.
  • Topic: Development, Economics, Foreign Direct Investment
  • Political Geography: China, India, Asia