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12. Humanitarian Assistance and the Politics of Self-reliance: Uganda's Nakivale Refugee Settlement
- Author:
- Suzan Ilcan, Marcia Oliver, and Laura Connoy
- Publication Date:
- 12-2015
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- Increasingly, refugees residing in refugee camps are living in protracted situations for which there are no quick remedies. Existing attempts to address protracted situations for refugees engage with the concept and practices of the Self-reliance Strategy (SRS). This paper focuses on the SRS in Uganda’s Nakivale Refugee Settlement. It draws attention to the strategy's disconnection from the social and economic relations within which refugees live in settlements, and its inability to provide refugees with sufficient access to social support and protection.
- Topic:
- Development, Economics, Humanitarian Aid, and Refugee Issues
- Political Geography:
- Uganda
13. Much Ado about Nothing? The RMB's Inclusion in the SDR Basket
- Author:
- Hongying Wang
- Publication Date:
- 12-2015
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- The International Monetary Fund recently concluded its quinquennial review of the composition of the Special Drawing Right (SDR), accepting the Chinese currency into the SDR basket alongside four major international currencies — the US dollar, the euro, the British pound and the Japanese yen. The Chinese government has spent a great deal of energy and political capital to achieve this outcome. This policy paper explains China’s interest in this seemingly exotic and technical pursuit, identifying the political and economic motivations underlying this initiative.
- Topic:
- Economics, Politics, International Monetary Fund, and Monetary Policy
- Political Geography:
- China
14. More Inclusive Decision-making Processes in Foreign Land Leasing: Policy Insights from Kenya
- Author:
- DAVID JAKINDA OTIENO
- Publication Date:
- 02-2014
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- Foreign land leases could help developing countries to acquire foreign direct investments (FDIs), including technical expertise and income necessary for economic transformation. A lack of local stakeholder consultation and involvement in the design of land leases leads to the rejection or disruption of such leases by local communities and wastes investors' resources due to disruptions. Local public stakeholders in Kenya are willing to accept and participate in leases, provided they include certain provisions: that leases do not exceed 15 years; are renewable subject to mutual negotiations; offer formal employment to landowners' household members; and provide adequate monetary compensation for the leased land. Effective and transparent management of land leases requires the formation of management committees comprising local stakeholders such as youth, women and land experts. To enhance lease transparency, regular consultative meetings should be held, negotiation records must be shared with local community members and landowners should receive direct payment, rather than being paid through intermediaries.
- Topic:
- Security, Agriculture, Development, Economics, Poverty, and Food
- Political Geography:
- Kenya and Africa
15. The IMF's Preferred Creditor Status: Does It Still Make Sense After the Euro Crisis?
- Author:
- Susan Schadler
- Publication Date:
- 03-2014
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- Throughout the history of IMF lending, the institution has had PCS — that is, distressed countries borrowing from the IMF are expected to give priority to meeting their obligations to the IMF over those to other (private or official) creditors. This status is a defining characteristic of the IMF's role in financial crises: it provides a high degree of confidence that IMF resources are safe even when other creditors of the distressed country face substantial uncertainty about whether they will be repaid in full. In other words, the IMF, which lends to some of the riskiest countries in the world, faces minimal risk that its resources could be compromised by a debtor country's difficulties in servicing its debt. It does so, however, with the confidence that comes from its role in helping to formulate and monitor a program of policies that are strongly expected to return the country to stability.
- Topic:
- Debt, Economics, International Monetary Fund, Monetary Policy, and Financial Crisis
- Political Geography:
- Europe
16. Central Bank Independence in North Africa
- Author:
- Bessma Momani and Samantha St. Amand
- Publication Date:
- 03-2014
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- Securing CBI has become best practice in global governance. Both the political and economic literatures suggest that CBI facilitates price stability, promotes transparency to citizens and provides accountability toward the public good. CBI is also credited with protecting the economic and financial system from the trappings of regulatory capture. In addition, a number of scholars have argued that CBI is correlated with positive policy outcomes, including balanced long- term economic growth, stable financial markets and a reduced likelihood of publicly funded financial institution bailouts. Moreover, some have suggested that CBI is important for fostering a healthy liberal democracy. As global markets have become increasingly integrated and interdependent, securing CBI is also considered a domestic, regional and global public good.
- Topic:
- Development, Economics, Globalization, Monetary Policy, Governance, and Reform
- Political Geography:
- Africa and North Africa
17. A Failure to Cooperate? Raising the Risks and Challenges of Exiting Unconventional Monetary Policies
- Author:
- Domenico Lombardi, Pierre Siklos, and Samantha St. Amand
- Publication Date:
- 03-2014
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- Central banks (and policy makers more generally) should seek a global consensus before implementing policies that may have global repercussions. The global economy can only become more resilient to shocks when there is greater central bank cooperation. The G20 is a natural venue to promote cooperation and to help the global economy return to stronger economic growth, but other forums may also be appropriate. The maintenance of financial stability is a common resource and should be treated as such. Excessive reliance on sovereignty is counterproductive and contains the seeds of the next crisis.
- Topic:
- Economics, International Cooperation, International Trade and Finance, Markets, and Financial Crisis
18. Shifting IMF Policies since the Arab Uprisings
- Author:
- Bessma Momani and Dustyn Lanz
- Publication Date:
- 03-2014
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- In response to the Arab uprisings in Egypt, Morocco and Tunisia, the IMF has changed its perspective on the social outcomes of its economic policy advice. The Fund now explicitly advocates inclusive growth, reduced inequality and increased attention to, and spending on, health and education services. Although this is a welcome transition, there is still room for improvement. In particular, the Fund could strengthen its commitment to the social dimensions of public policy by delivering more specific, tangible policy advice for countries to achieve inclusive growth, reduce inequality and improve health and education outcomes. More diverse expertise, achieved through wider recruitment of staff, would help the IMF achieve these goals.
- Topic:
- Economics, International Trade and Finance, and International Monetary Fund
- Political Geography:
- Middle East, Arabia, Egypt, Morocco, and Tunisia
19. China's Long March Toward Economic Rebalancing
- Author:
- Hongying Wang
- Publication Date:
- 04-2014
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- China's role in the global imbalance is closely linked to its domestic imbalance. Chinese policy makers have long been aware of the dual imbalance and the imperative to shift to economic growth driven by domestic consumption. They have taken limited steps in changing the development model, but political obstacles have slowed the pace of reform. The new leadership seems serious about deepening economic reform despite political resistance, but without political reform, the prospect of success remains dim.
- Topic:
- Economics, International Trade and Finance, Monetary Policy, and Governance
- Political Geography:
- China and Asia
20. A Call to the Conference of the New England Governors and Eastern Canada Premiers for Bilateral Energy Governance
- Author:
- Andrew Adams, Lyne Maheu, and Kieran McDougal
- Publication Date:
- 11-2014
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- The Northern Pass Transmission Project is mired in political deadlock due to conflict over its potential impacts and current assessment process. Although the proposal has little political support within New Hampshire, the US Department of Energy (DOE's) assessment process is moving forward. New England has become increasingly dependent on natural gas for power generation, which has dramatically risen in price recently, and the Northern Pass presents an opportunity to diversify the region's electrical supply. However, as the project stands, New Hampshire bears a majority of the economic, social and ecological costs, while receiving little of the regional benefit of affordable, flexible and reliable energy. There may be similar alternatives to the Northern Pass that secure the regional benefits of energy security and reliability while also reducing local costs. Without comparing the Northern Pass against alternative infrastructure projects, policy makers cannot assess which project generates the most net benefits. This policy brief contrasts the local and regional impacts of the Northern Pass, in order to shed light on the deficiencies that arise when analysing energy infrastructure projects in isolation.
- Topic:
- Economics, Energy Policy, Politics, and Infrastructure
- Political Geography:
- Canada and England
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