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  • Author: Soyoung Han, Marcus Noland
  • Publication Date: 04-2020
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: The Summer Olympic Games are the most globalized sporting event on earth. Until now, the Summer Games had been postponed only three times—in 1916, 1940, and 1944—all because of world wars. So, the announcement that in response to the COVID-19 pandemic, the 2020 Tokyo Games would be postponed by a year is significant, implicit testimony to the destructiveness of the pandemic. The Tokyo Games were expected to continue the evolution of the Games away from the aristocratic European milieu where the modern Olympic movement began. As poverty has declined and incomes across the global economy have converged, participation in the Games has broadened and the pattern of medaling has become more pluralistic, particularly in sports with low barriers to entry in terms of facilities and equipment. This Policy Brief presents forecasts of medal counts at the 2020 Tokyo Summer Games had they had gone on as scheduled, setting aside possible complications arising from the coronavirus pandemic. The forecasts are not just a depiction of what might have been. They establish a benchmark that can be used when the Games are eventually held, to examine the impact of the uneven incidence of the pandemic globally.
  • Topic: Economics, Globalization, Sports, Olympics
  • Political Geography: Japan, Asia, Global Focus
  • Author: Soyoung Han, Marcus Noland
  • Publication Date: 05-2020
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: Despite steady progress, women remain grossly underrepresented in corporate leadership worldwide. The share of women executive officers and board members increased between 1997 and 2017, but progress was not uniform. Partly in response to gender quotas, the shares of female board members have risen rapidly in some countries while lagging elsewhere. This Policy Brief reports results derived from the financial records of about 62,000 publicly listed firms in 58 economies over 1997–2017, which together account for more than 92 percent of global GDP. The authors conclude that if, as emerging evidence in the literature indicates, gender diversity contributes to superior firm performance, then progress in this area could help boost productivity globally. Policymakers and corporate leaders should consider supportive public and private policies, including more gender-neutral tracking in education, firm protocols that encourage gender balance in hiring and promotion, enforceable antidiscrimination laws, public support for readily available and affordable high-quality childcare and maternity and paternity leave, and quotas.
  • Topic: Gender Issues, Women, Economic Inequality, Private Sector
  • Political Geography: Global Focus
  • Author: Olivier Blanchard, Lawrence H. Summers
  • Publication Date: 02-2020
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: With interest rates persistently low or even negative in advanced countries, policymakers have barely any room to ease monetary policy when the next recession hits. Fiscal policy will have to play a major and likely dominant role in stimulating the economy, requiring policymakers to fundamentally reconsider fiscal policy. Blanchard and Summers argue for the introduction of what they call “semiautomatic” stabilizers. Unlike purely automatic stabilizers (mechanisms built into government budgets that automatically—without discretionary government action or explicit triggers—increase spending or decrease taxes when the economy slows or enters a recession), semiautomatic stabilizers are targeted tax or spending measures that are triggered if, say, the output growth rate declines or the unemployment rate increases beyond a specified threshold. The authors argue that the trigger should be changes in unemployment rather than changes in output, and the design of semiautomatic stabilizers, whether they focus on mechanisms that rely primarily on income or on intertemporal substitution effects (changing the timing of consumption), depends crucially on the design of discretionary policy.
  • Topic: Economics, Government, Monetary Policy, Finance
  • Political Geography: Global Focus, United States of America
  • Author: Mehdi Khalaji
  • Publication Date: 03-2020
  • Content Type: Policy Brief
  • Institution: The Washington Institute for Near East Policy
  • Abstract: The clergy’s ambitions for global Shia revolution made the city of Qom uniquely vulnerable to the disease, and their resistance to modern medical science weakened the state’s ability to combat its spread. On February 19, two days before the Iranian government officially announced the arrival of coronavirus, an infected businessman who had recently returned from China to Qom passed away. The location and timing of his death illustrate how the Shia holy city and the religious leaders and institutions who call it home have played an outsize role in the disease’s disproportionately rapid spread inside Iran compared to other countries. How did this situation come to pass, and what does it say about the current state of the clerical establishment, its relationship with the regime, and its alienation from large swaths of Iranian society? (Part 2 of this PolicyWatch discusses the regime's role in the outbreak and its resiliency to such crises.)
  • Topic: Foreign Policy, Health, Religion, Shia, Coronavirus
  • Political Geography: China, Iran, Middle East, Global Focus, United States of America
  • Author: Esra Cuhadar
  • Publication Date: 03-2020
  • Content Type: Policy Brief
  • Institution: United States Institute of Peace
  • Abstract: Current peace processes are designed to be more inclusive of women, civil society, youth, opposition political parties, and other frequently marginalized communities. Implementation of inclusive peace processes, however, has not progressed smoothly—and are frequently met with resistance. Based on an examination of instances of resistance in thirty peace and transition negotiations since 1990, this report enhances practitioners’ understanding of who resists, against whose participation, using what tactics, and with what motives.
  • Topic: Civil Society, Gender Issues, Politics, Women, Youth, Peace
  • Political Geography: Global Focus
  • Author: Deok Ryong Yoon, Soyoung Kim, Jinhee Lee
  • Publication Date: 01-2020
  • Content Type: Policy Brief
  • Institution: Korea Institute for International Economic Policy (KIEP)
  • Abstract: In this study we aim to clarify the different extents to which monetary policy influences foreign exchange rate determination between the monetary policies of small open economies with international currency and those without international currency, and use empirical research to explain why. Based on the analysis above, we make some policy suggestions.
  • Topic: Foreign Exchange, Monetary Policy, Economic Policy, Currency
  • Political Geography: South Korea, Global Focus
  • Author: Francesco Burchi, Christoph Strupat, Armin von Schiller
  • Publication Date: 01-2020
  • Content Type: Policy Brief
  • Institution: German Development Institute (DIE)
  • Abstract: Social cohesion is an important precondition for peaceful and economically successful societies. The question of how societies hold together and which policies enhance social cohesion has become a relevant topic on both national and international agendas. This Briefing Paper stresses the contribution of revenue collection and social policies, and in particular the interlinkages between the two. It is evident that revenue mobilisation and social policies are intrinsically intertwined. It is impossible to think carefully about either independently of the other. In particular, revenue is needed to finance more ambitious social policies and allow countries to reach goals, such as those included in the 2030 Agenda for Sustainable Development. Similarly, better social policies can increase the acceptance of higher taxes and fees. Furthermore, and often underestimated, a better understanding of the interlinkages between revenue generation and social policies can provide a significant contribution to strengthening social cohesion – in particular, concerning state–citizen relationships. In order to shed light on these interlinkages, it is useful to have a closer look at the concept of the “fiscal contract”, which is based on the core idea that governments exchange public services for revenue. Fiscal contracts can be characterised along two dimensions: (i) level of endorsement, that is, the number of actors and groups that at least accept, and ideally proactively support, the fiscal contract, and (ii) level of involvement, that is, the share of the population that is involved as taxpayer, as beneficiary of social policies or both. In many developing countries, either because of incapacity or biased state action towards elite groups, the level of involvement is rather low. Given the common perception that policies are unjust and inefficient, in many developing countries the level of endorsement is also low. It is precisely in these contexts that interventions on either side of the public budget are crucial and can have a significant societal effect beyond the fiscal realm. We argue that development programmes need to be especially aware of the potential impacts (negative and positive) that work on revenue collection and social policies can have on the fiscal contract and beyond, and we call on donors and policy-makers alike to recognise these areas as relevant for social cohesion. We specifically identify three key mechanisms connecting social policies and revenue collection through which policy-makers could strengthen the fiscal contract and, thereby, enhance social cohesion: 1. Increasing the effectiveness and/or coverage of public social policies. These interventions could improve the perceptions that people – and not only the direct beneficiaries – have of the state, raising their willingness to pay taxes and, with that, improving revenues. 2. Broadening the tax base. This is likely to generate new revenue that can finance new policies, but more importantly it will increase the level of involvement, which will have other effects, such as increasing government responsiveness and accountability in the use of public resources. 3. Enhancing transparency. This can stimulate public debate and affect people’s perceptions of the fiscal system. In order to obtain this result, government campaigns aimed at diffusing information about the main features of policies realised are particularly useful, as are interventions to improve the monitoring and evaluation system.
  • Topic: Development, Finance, Economic growth, Tax Systems, Transparency, Social Cohesion
  • Political Geography: Germany, Global Focus
  • Author: Lennart C. Kaplan, Sascha Kuhn, Jana Kuhnt
  • Publication Date: 01-2020
  • Content Type: Policy Brief
  • Institution: German Development Institute (DIE)
  • Abstract: Successful programmes and policies require supportive behaviour from their targeted populations. Understanding what drives human reactions is crucial for the design and implementation of development programmes. Research has shown that people are not rational agents and that providing them with financial or material incentives is often not enough to foster long-term behavioural change. For this reason, the consideration of behavioural aspects that influence an individual’s actions, including the local context, has moved into the focus of development programmes. Disregarding these factors endangers the success of programmes. The World Bank brought this point forward forcefully with its 2015 World Development Report, “Mind, Society and Behavior”, herewith supporting the focus on behavioural insights within development policies. While agencies may intuitively consider behavioural aspects during programme design and implementation, a systematic approach would improve programme effectiveness at a relatively small financial cost. For this reason, we present a framework – the Theory of Planned Behaviour (TPB) (Ajzen, 1991) – that aids practitioners and researchers alike in considering important determinants of human behaviour during the design and implementation of development programmes The TPB suggests considering important determinants of human behaviour, such as the individual’s attitude towards the intervention (influenced by previous knowledge, information or learning); subjective norms (influenced by important people, such as family members or superiors); and the individual’s sense of behavioural control (influenced by a subjective assessment of barriers and enablers). The theory should be used early on in the programme design to perform a structured assessment of behavioural aspects in the appropriate context. Components of the TPB can often be addressed through cost-effective, easy changes to existing programmes. Simple guiding questions (see Box 1) can help integrate the theory into the programme design. An iterative and inclusive process, particularly in exchange with the targeted population and other stakeholders, increases success.
  • Topic: Development, Norms, Behavior
  • Political Geography: Germany, Global Focus
  • Author: Nathan Nunn
  • Publication Date: 01-2020
  • Content Type: Policy Brief
  • Institution: Economics for Inclusive Prosperity (EfIP)
  • Abstract: In this brief, I discuss the current state of economic development policy, which tends to focus on interventions, usually funded with foreign aid, that are aimed at fixing deficiencies in developing countries. The general perception is that there are inherent problems with less-developed countries that can be fixed by with the help of the Western world. I discuss evidence that shows that the effects of such ‘help’ can be mixed. While foreign aid can improve things, it can also make things worse. In addition, at the same time that this ‘help’ is being offered, the developed West regularly undertakes actions that are harmful to developing countries. Examples include tariffs, antidumping duties, restrictions on international labor mobility, the use of international power and coercion, and tied-aid used for export promotion. Overall, it is unclear whether interactions with the West are, on the whole, helpful or detrimental to developing countries. We may have our largest and most positive effects on alleviating global poverty if we focus on restraining ourselves from actively harming less-developed countries rather than focusing our efforts on fixing them.
  • Topic: Development, Economics, International Political Economy, Developing World, Economic Development
  • Political Geography: United States, Global Focus
  • Author: International Crisis Group
  • Publication Date: 01-2019
  • Content Type: Policy Brief
  • Institution: International Crisis Group
  • Abstract: Tensions are rising on the Colombia-Venezuela border after a new guerrilla faction opted out of Colombia’s 2016 peace deal. With diplomatic ties between the two countries severed, the risk of escalation is high. Bogotá and Caracas should open channels of communication to avoid inter-state clashes
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: International Crisis Group
  • Publication Date: 01-2019
  • Content Type: Policy Brief
  • Institution: International Crisis Group
  • Abstract: In a period of increasing international tensions, the role of the UN in resolving major crises is shrinking. World leaders attending the UN General Assembly this month will talk about conflicts from Latin America to Asia. The chances of diplomatic breakthroughs have appeared low, even if this week’s departure of Iran hawk John Bolton from the Trump administration increased speculation about the possibility of a meeting in New York between U.S. President Donald Trump and Iranian President Hassan Rouhani. Looking beyond the General Assembly, opportunities for the Security Council to resolve pressing conflicts – or for Secretary-General António Guterres and other UN officials to do so without Council mandates – seem few. But some nevertheless exist. In cases where the permanent five members of the council (P5) have a shared interest in de-escalating crises, or regional powers collaborate with UN agencies to address conflicts, the organisation can still provide a framework for successful peacemaking.
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: David Reifschneider, David Wilcox
  • Publication Date: 11-2019
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: The Federal Reserve faces two important monetary policy challenges: First, since the Great Recession it has struggled to move inflation convincingly up to the 2 percent target level. Second, during the next recession it will struggle to deliver enough support to the economy unless the recession is unusually mild. As a result, the search is on for alternative policy frameworks that might allow the Fed to achieve its monetary policy objectives more effectively. Among the alternatives is average inflation targeting (AIT). The basic idea is simple: Instead of aiming to return inflation over the medium term to the target rate of 2 percent, the Fed would aim to return the average of inflation over some period to the target rate. The crucial innovation of AIT is that when inflation has been running below the target rate, it would have the Fed aim for above-target inflation in the future, in order to bring average inflation up toward the target. Simulations of the Fed’s workhorse econometric model of the US economy (the FRB/US model) suggest that AIT would be a weak addition to the Fed’s policy toolkit for dealing with recessions and persistently low inflation. In addition, simple versions of AIT would sometimes compel the Fed to run an undesirably restrictive monetary policy. AIT is thus not a very appealing alternative to the current framework.
  • Topic: Economics, Global Recession, Monetary Policy, Federal Reserve
  • Political Geography: North America, Global Focus, United States of America
  • Author: Cullen S. Hendrix, Sooyeon Kang
  • Publication Date: 07-2019
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: The nature and magnitude of geopolitical risk is changing more rapidly than the ability to anticipate it, with increasingly severe economic consequences. This Policy Brief discusses the economic costs and risks associated with episodes of political instability, arguing that firms, government agencies, and international institutions must update their forecasting and risk assessment efforts to take global factors into account. Since the global financial crisis, political instability has shifted from emerging-market countries in the developing world to larger, more globally impactful econo¬mies. Acknowledging this changing risk profile—and developing better tools to predict major episodes of instability—will allow both policymakers and firms to plan with greater confidence.
  • Topic: Economics, Geopolitics, Economy, Political stability
  • Political Geography: Global Focus
  • Author: Lee G. Branstetter, Britta Glennon, J. Bradford Jensen
  • Publication Date: 06-2019
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: For decades, US multinational corporations (MNCs) conducted nearly all their research and development (R&D) within the United States. Their focus on R&D at home helped establish the United States as the unrivaled leader of innovation and technology advances in the world economy. Since the late 1990s, however, the amount of R&D conducted overseas by US MNCs has grown nearly fourfold and its geographic distribution has expanded from a few advanced industrial countries to many parts of the developing world, creating an innovation system that spans the globe. Like many aspects of globalization, including the offshoring of manufacturing over recent decades, the globalization of R&D raises concerns about US competitiveness and loss of technological leadership. At the same time, the spreading geographic location of innovation presents opportunities for US-based companies if the right policies are adopted to seize them. The research presented in this Policy Brief demonstrates that US innovators continue to remain involved in important ways in US MNCs' global R&D activities, and fears of a hollowing out of US capacity to innovate—based probably on previous fears about the hollowing out of US-based manufacturing—may be overstated. Indeed, the large and growing pool of highly educated scientists and engineers in the developing world could increase the rate of global productivity growth, to the advantage of US-based companies and the world in general. The authors conclude that a productive way to capitalize on the globalization of MNC R&D is not to oppose it but to combine emerging-market talent with MNC experience so that innovation can flourish to improve global living standards and fuel economic progress.
  • Topic: International Trade and Finance, Science and Technology, Multinational Corporations, Risk, Private Sector
  • Political Geography: North America, Global Focus, United States of America
  • Author: Edwin M. Truman
  • Publication Date: 04-2019
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: The International Monetary Fund (IMF)—a quota-based institution—faces a test of its survival as the linchpin of the global financial safety net. Its roughly $1.4 trillion in total financial resources is scheduled to begin to shrink in 2020. In 2015, IMF members committed to strengthening IMF financial resources in the 15th General Review of Quotas, which will end in December 2019. Over the past 25 years, the United States has led the way for a gradual redistribution of IMF quota shares toward faster-growing emerging-market and developing countries. Any significant redistribution of quota shares requires an increase in total quotas. Because of its share of votes in the IMF, the United States must agree to any change in quotas. The Trump administration, however, has signaled that it favors no such change. If the United States does not reverse its stance, IMF members will lose an opportunity to strengthen the institution at a time of global financial uncertainty. Truman says the United States could still change its position and recommends how other member countries should press it to do so.
  • Topic: International Trade and Finance, Politics, International Monetary Fund, Global Political Economy, Donald Trump, Economic Cooperation
  • Political Geography: North America, Global Focus, United States of America
  • Author: Claudia Biancotti, Paolo Ciocca
  • Publication Date: 04-2019
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: Over the past few years, it has become apparent that a small number of technology companies have assembled detailed datasets on the characteristics, preferences, and behavior of billions of individuals. This concentration of data is at the root of a worrying power imbalance between dominant internet firms and the rest of society, reflecting negatively on collective security, consumer rights, and competition. Introducing data sharing mandates, or requirements for market leaders to share user data with other firms and academia, would have a positive effect on competition. As data are a key input for artificial intelligence (AI), more widely available information would help spread the benefits of AI through the economy. On the other hand, data sharing could worsen existing risks to consumer privacy and collective security. Policymakers intending to implement a data sharing mandate should carefully evaluate this tradeoff.
  • Topic: Security, Government, Science and Technology, Privacy, Internet, Monopoly, Artificial Intelligence
  • Political Geography: Global Focus
  • Author: Cullen S. Hendrix, Sooyeon Kang
  • Publication Date: 07-2019
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: The nature and magnitude of geopolitical risk is changing more rapidly than the ability to anticipate it, with increasingly severe economic consequences. This Policy Brief discusses the economic costs and risks associated with episodes of political instability, arguing that firms, government agencies, and international institutions must update their forecasting and risk assessment efforts to take global factors into account. Since the global financial crisis, political instability has shifted from emerging-market countries in the developing world to larger, more globally impactful econo¬mies. Acknowledging this changing risk profile—and developing better tools to predict major episodes of instability—will allow both policymakers and firms to plan with greater confidence.
  • Topic: Economics, Financial Crisis, Geopolitics, Political stability, Risk
  • Political Geography: Global Focus
  • Publication Date: 07-2019
  • Content Type: Policy Brief
  • Institution: Center on International Cooperation
  • Abstract: Despite recent positive developments making forward progress on the Secretary-General’s call for a more preventive approach to crisis, in New York, discussions on prevention remain focused on difficult moments of crisis and must navigate deepening divisions in the Security Council
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: Dana Stroul, Hanin Ghaddar
  • Publication Date: 01-2019
  • Content Type: Policy Brief
  • Institution: The Washington Institute for Near East Policy
  • Abstract: Apart from its military intervention, Tehran has pursued a wide range of economic and social tactics for increasing its sway in Syria, but Washington can still push back with targeted assistance, innovative sanctions, and strategic messaging. This PolicyWatch is the first in a two-part series on how to counter Iran’s expanding activities in Syria amid talk of U.S. military withdrawal. Part 2 will discuss the array of Iranian-backed armed groups currently operating there
  • Topic: International Affairs, Military Affairs
  • Political Geography: Global Focus
  • Author: Michael Herzog
  • Publication Date: 01-2019
  • Content Type: Policy Brief
  • Institution: The Washington Institute for Near East Policy
  • Abstract: Jerusalem seeks to mitigate the potential risks of the president’s decision by shaping its implementation and obtaining U.S. security guarantees, though long-term concerns still loom. Israeli officials have been careful not to publicly criticize President Trump’s recent announcement that all U.S. military forces will be pulled out of Syria. Below the surface, however, they have exuded dissatisfaction, concern, and a desire to make the best out of the situation. Prime Minister Binyamin Netanyahu’s initial public response was lukewarm, stating that Israel will continue to take care of its security and “will not abide Iranian entrenchment in Syria.” He followed those remarks with hectic bilateral discussions on the matter, holding a phone call with President Trump, meeting with Secretary of State Mike Pompeo on the sidelines of a gathering in Brazil, and hosting National Security Advisor John Bolton in Jerusalem. These discussions elicited U.S. public assurances about Israel’s security and, so it appears, opened opportunities to affect the manner in which Trump’s decision is implemented.
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: Philippe Leroux-Martin, Vivienne O'Connor
  • Publication Date: 08-2019
  • Content Type: Policy Brief
  • Institution: United States Institute of Peace
  • Abstract: Ce rapport invite les spécialistes oeuvrant à la consolidation de la paix à intégrer les principes de la pensée systémique et de la théorie de la complexité dans la façon dont ils conçoivent, mettent en oeuvre et évaluent leurs interventions. En se fondant sur les études réalisées au cours des dix dernières années à l’USIP et en s’appuyant sur la littérature d’autres domaines – comme le développement organisationnel, le management situationnel, la gestion du changement et la psychologie – les auteurs prônent des approches plus personnalisées et flexibles dans la consolidation de la paix et de l’État de droit.
  • Topic: Conflict, Rule of Law, Peace
  • Political Geography: Global Focus
  • Author: Lisa Denney
  • Publication Date: 12-2019
  • Content Type: Policy Brief
  • Institution: Geneva Centre for Security Sector Governance (DCAF)
  • Abstract: This Tool is part of the DCAF, OSCE/ODIHR, UN Women Gender and Security Toolkit, which comprises nine Tools and a series of Policy Briefs. Within police services, this Tool is aimed at the policy rather than the operational level, with relevance for senior police, gender units and those interested in improving police effectiveness through integrating a gender perspective. While police services are a key audience for this Tool, it is intended for a wide readership – including parliaments, government departments with policing responsibilities, civil society organizations, development partners, international police assistance providers and researchers working to improve policing and gender equality. Police reform is not solely the work of police services, but of a wider set of actors who support and influence the police and their operating environment. This Tool sets out a range of options for integrating a gender perspective and advancing gender equality in and through policing, drawing on experience from multiple contexts. While it provides guidance in terms of examples and checklists which borrow from good practices in different contexts, what is relevant will differ across time and place and require adaptation. For that reason, the Tool also sets out conditions that are important in achieving progress. The Tool includes: why a gender perspective is important for policing; what policing that advances gender equality and integrates a gender perspective looks like; how policing can advance gender equality and integrate a gender perspective; case studies that draw out learning from specific contexts; suggestions for assessing a police service’s integration of gender; other useful resources.
  • Topic: Security, Gender Issues, Governance, Law Enforcement, Women, Criminal Justice
  • Political Geography: Geneva, Europe, United Nations, Switzerland, Global Focus
  • Author: Anna Marie Burdzy, Lorraine Serrano, Megan Bastick
  • Publication Date: 01-2019
  • Content Type: Policy Brief
  • Institution: Geneva Centre for Security Sector Governance (DCAF)
  • Abstract: This Policy Brief is part of the DCAF, OSCE/ODIHR, UN Women Gender and Security Toolkit, which comprises nine Tools and a series of Policy Briefs. The other Tools and Policy Briefs in this Toolkit focus on specific security and justice issues and providers, with more focused attention on what gender equality looks like and how to achieve it in particular sectors. It is intended that the Toolkit should be used as a whole, with readers moving between Tools and Policy Briefs to find more detail on aspects that interest them. This Policy Brief explains why integrating a gender perspective is important to the regulation of private military and security companies (PMSCs) and provides guidance to States on doing so in national legislation, contracting and procurement policies, as well as certification, oversight and accountability frameworks for PMSCs. The Policy Brief: Outlines what PMSCs are and the role of States in their regulation; explains why a gender perspective is needed for effective regulation of PMSCs; and presents a range of priorities and entry points for States to integrate a gender perspective in regulation of PMSCs.
  • Topic: Security, Gender Issues, Law Enforcement, Women, Inequality
  • Political Geography: Geneva, United Nations, Global Focus
  • Author: Marta Ghittoni, Léa Lehouck, Megan Bastick
  • Publication Date: 01-2019
  • Content Type: Policy Brief
  • Institution: Geneva Centre for Security Sector Governance (DCAF)
  • Abstract: This Policy Brief is part of the DCAF, OSCE/ODIHR, UN Women Gender and Security Toolkit, which comprises nine Tools and a series of Policy Briefs. The other Tools and Policy Briefs in this Toolkit focus on specific security and justice issues and providers, with more focused attention on what gender equality looks like and how to achieve it in particular sectors. It is intended that the Toolkit should be used as a whole, with readers moving between Tools and Policy Briefs to find more detail on aspects that interest them. This Policy Brief explains how applying the principles of good security sector governance and engaging with security sector reform (SSR) can help to achieve the goals of the Women, Peace and Security (WPS) Agenda. Over the last decade the UN system and many states and international actors have recognized that SSR should be gender responsive, identifying and addressing the different security and justice needs of women and men, girls and boys, across different parts of the community. In some SSR programmes, priorities have been set to promote the participation of women in the security sector. At the same time there is a need to step up the engagement of the WPS community with issues of security sector governance. This Policy Brief argues that applying a security sector governance lens to WPS helps to reveal the key barriers to and drivers of change. This Policy Brief: Explains the principles of good security sector governance; examines how security sector governance and SSR are addressed in the WPS Agenda; outlines how a security sector governance approach can catalyse the transformative and sustained change needed to realize the WPS Agenda.
  • Topic: Security, Gender Issues, Law Enforcement, Women
  • Political Geography: Geneva, United Nations, Global Focus
  • Author: Henri Myrttinen, Megan Bastick
  • Publication Date: 01-2019
  • Content Type: Policy Brief
  • Institution: Geneva Centre for Security Sector Governance (DCAF)
  • Abstract: This Tool is part of the DCAF, OSCE/ODIHR, UN Women Gender and Security Toolkit, which comprises nine Tools and a series of Policy Briefs. Tool 1 is mainly intended for use by policymakers and practitioners working in or working with security and justice sector institutions to increase gender equality – be it equality within the institutions themselves, or achieved through the work of the institutions within society. Some users might be approaching these issues through implementation of Women, Peace and Security (WPS) commitments, or in relation to a security sector reform (SSR) process. The Tool also aims to be of use more widely to justice and security providers, people involved in oversight and management, civil society organizations, the media and academic researchers. The other Tools and Policy Briefs in this Toolkit focus on specific security and justice issues and providers, with more focused attention on what gender equality looks like and how to achieve it in particular sectors. It is intended that the Toolkit should be used as a whole, with readers moving between Tools and Policy Briefs to find more detail on aspects that interest them. The Tool: Introduces why gender matters in security sector governance (SSG) and in SSR processes, and outlines the benefits of integrating a gender perspective. It explains key concepts that are used in the Toolkit: gender, intersectionality, masculinities, femininities, LGBTI, gender equality and gender perspective, and also SSG and SSR. It gives an overview of some of the relevant international, regional and national legal obligations with respect to gender and SSG and SSR processes. It presents a vision of what integrating a gender perspective and promoting gender equality mean for security and justice providers, for management and oversight of sector and justice services, and for SSG and SSR processes. It presents several different pathways for the security and justice sector to integrate a gender perspective into SSG and SSR processes and advance gender equality. It focuses upon: defining security needs in an inclusive, gender-responsive manner; adopting policy frameworks to integrate gender equality into justice and security governance; gender training for security and justice providers; using staff with specialized gender expertise; changing masculine institutional cultures to increase women’s participation and diversity. It offers advice on how to overcome resistance to working on gender equality within the security and justice sector. It suggests elements of an institutional self-assessment checklist on integrating a gender perspective. It lists other useful resources to support work on gender equality with the security and justice sector, and in relation to SSG and SSR.
  • Topic: Security, Gender Issues, Law Enforcement, Women, Criminal Justice, LGBT+
  • Political Geography: Geneva, United Nations, Global Focus
  • Publication Date: 11-2019
  • Content Type: Policy Brief
  • Institution: The Global Centre for the Responsibility to Protect
  • Abstract: Since the principle of the Responsibility to Protect (R2P) was unanimously adopted at the 2005 UN World Summit, the international community has looked to the UN Security Council in New York to respond when a government has been unwilling or unable to protect its population from war crimes, crimes against humanity, genocide or ethnic cleansing. Paragraphs 138-139 of the World Summit Outcome Document recognize the Security Council’s unique role with regard to upholding the international community’s responsibility to protect as the body primarily responsible for the maintenance of international peace and security. However, the Human Rights Council (HRC) and other Geneva-based mechanisms are also essential for preventing atrocity crimes. Since systematic or widespread human rights violations serve as early warning signs of possible atrocities, Geneva-based mechanisms are often the first to raise the alarm regarding situations where violations and abuses threaten to deepen or deteriorate. Such mechanisms play an important role in enabling the international community to assist states in preventing mass atrocities (R2P’s Pillar II) and respond in a timely and decisive manner to atrocity risks (Pillar III).
  • Topic: Human Rights, International Law, Responsibility to Protect (R2P), UN Security Council, Atrocities
  • Political Geography: United Nations, Global Focus
  • Publication Date: 11-2019
  • Content Type: Policy Brief
  • Institution: The Sexual Violence Research Initiative
  • Abstract: Poverty is a risk factor associated with gender-based violence; it also often intersects with and reinforces gender inequality. Various microfinance and other economic empowerment approaches have been implemented to try to address this intersection.
  • Topic: Economics, Gender Issues, Poverty, Women, Gender Based Violence , Microcredit
  • Political Geography: Bangladesh, Egypt, Global Focus
  • Publication Date: 11-2019
  • Content Type: Policy Brief
  • Institution: The Sexual Violence Research Initiative
  • Abstract: One of the most common forms of men’s violence against women, intimate partner violence (IPV) occurs in all countries. Although women can be violent in relationships with men and violence is found in same-sex partnerships, the overwhelming burden of IPV is borne by women at the hands of men.
  • Topic: Crime, Women, Gender Based Violence , Intimate Partner Violence
  • Political Geography: Kenya, Nigeria, Jordan, Peru, Global Focus
  • Author: Frank Gorenc
  • Publication Date: 04-2019
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: As the world enters an era of great-power competition, the North Atlantic Treaty Organization (NATO) faces a renewed challenge from an old adversary. A Europe whole, free, and at peace is now at risk as Russian aggression challenges the traditional rules-based world order. Russia’s activities in and against Ukraine and Georgia, rampant intrusion on Western democratic processes and political discourse, blatant assassination attempts on NATO soil, support for rogue regimes in Syria and Iran, and military deployments and force accumulation in Kaliningrad and Crimea, as well as in the Sea of Azov, demonstrate that the threat is as real and compelling as it ever was.
  • Topic: International Affairs, Democracy, Geopolitics
  • Political Geography: Global Focus
  • Author: David Koranyi
  • Publication Date: 01-2019
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: As energy markets and technologies rapidly change, international oil companies (IOCs) are facing a set of interconnected challenges that will fundamentally affect their business models. From changes in the supply and demand picture, to shifts in how energy is produced and consumed, to public pressure to decrease greenhouse gas footprints, companies have a wide range of issues to consider as they decide how to prepare for an unpredictable future. In a new issue brief, “Navigating the Energy Transition: International Oil Company Diversification Strategies,” Global Energy Center Senior Fellow David Koranyi provides a macro picture of select IOC’s strategic (re)thinking and explores some of the strategies IOCs have undertaken to diversify their portfolios and prepare for the unfolding energy transition.
  • Topic: Energy Policy, International Affairs
  • Political Geography: Global Focus
  • Author: Borzou Daragahi
  • Publication Date: 06-2019
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: For much of its four decades, the Islamic Republic of Iran has been blessed with a weak political opposition. While Iran has faced competent and powerful foreign enemies—such as Saddam Hussein’s Iraq, the United States, and Israel—its Iranian political challengers, both domestically and abroad, have been largely fragmented, unrealistic in their aims, and sometimes as authoritarian as the regime. But, though few credible Iran watchers argue that opposition groups and figures arrayed against Tehran’s establishment pose a serious threat, Iran treats them as if they are mortal dangers to the regime. This paper attempts to sketch out the landscape of the various major political opposition groups, and begin to grapple with the question of why Iran perceives them as such a challenge
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: T. X. Hammes
  • Publication Date: 06-2019
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: Perhaps the most famous quote from Thucydides is “the strong do what they can, the weak suffer what they must.”1 For thousands of years, it has been accepted that the weak must comply or face the fate of the Melians. Today, the technology of the Fourth Industrial Revolution may be revising that truth. It is creating a wide range of small, smart, cheap weapons that can provide small states combat power previously reserved to major powers
  • Topic: International Relations, International Affairs
  • Political Geography: Global Focus
  • Author: Richard L. Morningstar
  • Publication Date: 01-2019
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: This brief emerged from discussions during an Atlantic Council Global Energy Center roundtable on European energy security held in Brussels on March 27, 2019, as well as other events and individual meetings with government officials, private sector executives, and leading academics in the global energy sector. The collective dialogues and key takeaways are reflected in this brief. Because the conversations took place under the Chatham House Rule, the information will not be attributed to any specific individual. The brief will provide a current assessment of EU energy security focusing on the role of gas markets, while future briefs in the European Energy Security series will take a closer look at other critical issues impacting European energy security. Following these briefs, a final report in 2020 will propose specific recommendations for the US and EU governments on how to address transatlantic energy security issues.
  • Topic: International Relations, International Affairs
  • Political Geography: Global Focus
  • Author: Mark Katz
  • Publication Date: 05-2019
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: uring the Cold War, the Soviet Union posed a challenge to the United States throughout the entire world, including in the Middle East. Soviet activity in the Middle East, though, was also a challenge for many US allies in the region, and beyond. Soviet influence in the Middle East expanded during the 1950s and 1960s, in particular, as many in the Arab world became angry about US support for Israel, and as several pro-Western Arab governments were overthrown and replaced by anti-Western ones that actively sought Soviet support. Due to several factors, however, many of the gains made by the Soviets in the Middle East ended up being lost. These included: the defection of Gamal Abdel Nasser’s successor in Egypt, Anwar Sadat, from the Soviet to the US camp; Washington’s successful 1970s-era diplomacy in bringing about an Israeli-Egyptian peace agreement; genuine fear of the Soviet threat on the part of Saudi Arabia and other Arab monarchies; the 1979 Iranian Revolution, in which the downfall of a pro-Western regime did not lead to the rise of a pro-Soviet one, but to the rise of one that was both anti-American and anti-Soviet; and, finally, the collapse of both communism and the Soviet Union itself from 1989 to 1991
  • Topic: International Cooperation, International Affairs
  • Political Geography: Global Focus
  • Author: Borzou Daragahi
  • Publication Date: 06-2019
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: For much of its four decades, the Islamic Republic of Iran has been blessed with a weak political opposition. While Iran has faced competent and powerful foreign enemies—such as Saddam Hussein’s Iraq, the United States, and Israel—its Iranian political challengers, both domestically and abroad, have been largely fragmented, unrealistic in their aims, and sometimes as authoritarian as the regime. But, though few credible Iran watchers argue that opposition groups and figures arrayed against Tehran’s establishment pose a serious threat, Iran treats them as if they are mortal dangers to the regime. This paper attempts to sketch out the landscape of the various major political opposition groups, and begin to grapple with the question of why Iran perceives them as such a challenge.
  • Topic: International Security, International Affairs
  • Political Geography: Global Focus
  • Author: Frank Gorenc
  • Publication Date: 06-2019
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: As the world enters an era of great-power competition, the North Atlantic Treaty Organization (NATO) faces a renewed challenge from an old adversary. A Europe whole, free, and at peace is now at risk as Russian aggression challenges the traditional rules-based world order. Russia’s activities in and against Ukraine and Georgia, rampant intrusion on Western democratic processes and political discourse, blatant assassination attempts on NATO soil, support for rogue regimes in Syria and Iran, and military deployments and force accumulation in Kaliningrad and Crimea, as well as in the Sea of Azov, demonstrate that the threat is as real and compelling as it ever was
  • Topic: International Organization, International Affairs
  • Political Geography: Global Focus
  • Author: David Koranyi
  • Publication Date: 01-2019
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: As energy markets and technologies rapidly change, international oil companies (IOCs) are facing a set of interconnected challenges that will fundamentally affect their business models. From changes in the supply and demand picture, to shifts in how energy is produced and consumed, to public pressure to decrease greenhouse gas footprints, companies have a wide range of issues to consider as they decide how to prepare for an unpredictable future. In a new issue brief, “Navigating the Energy Transition: International Oil Company Diversification Strategies,” Global Energy Center Senior Fellow David Koranyi provides a macro picture of select IOC’s strategic (re)thinking and explores some of the strategies IOCs have undertaken to diversify their portfolios and prepare for the unfolding energy transition.
  • Topic: International Relations, International Political Economy, International Affairs
  • Political Geography: Global Focus
  • Author: Seio Nakajima
  • Publication Date: 01-2019
  • Content Type: Policy Brief
  • Institution: Economic Research Institute for ASEAN and East Asia (ERIA)
  • Abstract: The aim of this paper is to describe the recent transformation of the automobile industry from a manufacturing industry to include aspects of the service and creative industries. Firstly, it reviews the recent trend of the automobile industry as a service industry. Secondly, it discusses the automobile industry’s move toward the creative industries. It examines these two trends, mostly based on the next-generation automobile industry in Japan. Finally, it discusses the implications of the above transformation of the automobile industry on academic studies of the creative industries, and argues for what it calls a strong programme in creative industries studies. It also provides a provisional note on government policies in the era of the next-generation automobile industry.
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: Fukunari Kimura
  • Publication Date: 03-2019
  • Content Type: Policy Brief
  • Institution: Economic Research Institute for ASEAN and East Asia (ERIA)
  • Abstract: Volume I consists of the integrative report and executive summary of ASEAN Vision 2040, and a briefer on new challenges and key priorities and strategies. ASEAN Vision 2040 has been drawn up in the context of ASEAN’s achievements, revealed aspirations, and expectations of the peoples of ASEAN for the near future, and the recent and expected global, regional, and technological developments. The volume presents the ASEAN Vision 2040 and highlights key areas of collective leadership and ASEAN centrality, harnessing the emerging Industry 4.0 to transform the ASEAN economies and enhance ASEAN resiliency and developmental sustainability, realising a seamless ASEAN, engendering greater inclusivity, and a deeper sense of community and belonging, and strengthening the ASEAN institutional ecosystem.
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: Monika Chansoria
  • Publication Date: 06-2019
  • Content Type: Policy Brief
  • Institution: Japan Institute Of International Affairs (JIIA)
  • Abstract: Archival accounts of 19th centur y Tibet describe it as the forbidden, inaccessible, daunting and remotely unreachable territory of the Himalayas. Lhasa, the religious and administrative capital of Tibet since the mid-17th century literally meant “Place of the Gods” located at an elevation of about 3,600 m (11,800 ft) at the center of the Tibetan Plateau with the surrounding mountains rising to 5,500 m (18,000 ft). The air in this part contained only 68 percent oxygen compared to sea level, thereby indicating the geographic difficulties of the terrain. Tibet has stirred the curiosity amongst explorers, adventurists and researchers as being amongst the few places in the world that fired the imagination of adventurers. Owing to Buddhism, Japan, quite evidently had far more incentive than most others to reach Tibet, and ultimately, Lhasa. It was in the backdrop of these existential conditions that Ekai Kawaguchi (1866-1945) a Buddhist monk became the first Japanese explorer to embark upon a journey fraught with danger and uncertainty in May 1897 from Tokyo, to have succeeded in touching the frontier of the roof of the world, as he stepped on Tibetan soil for the first time on July 4, 1900
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: Thomas Wilkins
  • Publication Date: 06-2019
  • Content Type: Policy Brief
  • Institution: Japan Institute Of International Affairs (JIIA)
  • Abstract: The US Department of Defense (DOD) released its longawaited Indo Pacific Strategy Report (IPSR) in tandem with the IISS-Shangrila Dialogue in Singapore on 1 June 2019. This IPSR appears to subsume or extend the earlier Free and Open Indo Pacific (FOIP) strategy (sometimes referred to now as a “vision”) into a more comprehensive regional Indo Pacific Strategy (IPS), that is anchored in the earlier 2017 National Security Strategy (NSS) and 2018 National Defense Strategy (NDS) documents. Australia has yet to produce an analogous document dedicated to profiling its own “Indo Pacific Strategy”, but with the US iteration in view, it is possible to construct an plausible image of such a strategy in the Australian case by drawing upon various pertinent materials from a range of government sources. Indeed, the notion of an overarching IPs is gradually taking shape in Australian strategic thinking, as testified to by a variety of official documents, including large portions of the 2016 Defence White Paper, and especially 2017 Foreign Policy White Paper, alongside other policy statements and initiatives, framed in the context of analysis and debate undertaken by nationally-based strategic commentators. A small case “s” in “Indo Pacific strategy” is specifically employed in this paper to distinguish the author’s conception from any formally mandated government “Strategy”
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: Valerie Niquet
  • Publication Date: 06-2019
  • Content Type: Policy Brief
  • Institution: Japan Institute Of International Affairs (JIIA)
  • Abstract: During two critical meetings, Prime Minister Abe’s visit to France in May 2019, followed by President Macron’s visit to Japan in June of the same year, several elements were highlighted that demonstrate a close convergence of analysis on the strategic situation in the Indo-Pacific region. This convergence paves the way for increased opportunities for cooperation. Internal evolutions on defense-related issues in Japan since 2012 have made this type of cooperation more accessible. On the French side, a more assertive ambition for engagement in a critical area has been expressed on many occasions.
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: John Berkshire Miller
  • Publication Date: 06-2019
  • Content Type: Policy Brief
  • Institution: Japan Institute Of International Affairs (JIIA)
  • Abstract: The Indo-Pacific, as a geographic concept that connects the vast oceans of Pacific and the Indian along with the states in between, is not a new idea. Indeed, the idea of a broader geographic region – rather than more traditional subsets such as East Asia, South Asia, or the more expansive Asia-Pacific – has been used for more than a decade by scholars and practitioners in the region. An Indian naval captain began using the concept in geopolitical terms more than a decade ago, but the terminology has not been limited to scholars in Delhi. Japan’s Prime Minister Shinzo Abe, back during his first stint as Prime Minister in 2007, spoke to India’s parliament about his country’s vision for Indo-Pacific noting a “confluence of the two seas”2 and pressed for a need to transcend beyond traditional frameworks that often separated or minimized the geopolitical connections between South Asian and the Indian Ocean region with that of East Asia and the Pacific
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: Monika Chansoria
  • Publication Date: 06-2019
  • Content Type: Policy Brief
  • Institution: Japan Institute Of International Affairs (JIIA)
  • Abstract: Histor y often tends to repeat itself, or as Spanish-American philosopher, Jorge Agustín Santayana wrote in 1905-06 in The Life of Reason, “Those who cannot remember the past are condemned to repeat it”. While setting out to write on, or about Tibet, it is inevitable to conclude that there never was, or will be, a long walk to freedom either for Tibet, or for the holy chair of the successive Dalai Lamas – the god and king-in-one incarnation of Chen-re-zi, the Lord of Mercy – the patron deity of Tibet. The Dalai Lama not only governs his subjects in this life, but can influence their rebirth in the next, or as Tibetans believe is the “Ruler in this life, the Uplifter in the hereafter.”1
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: Valerie Niquet
  • Publication Date: 06-2019
  • Content Type: Policy Brief
  • Institution: Japan Institute Of International Affairs (JIIA)
  • Abstract: For both Japan and the European Union, deepening their partnership in an increasingly unstable world has become an essential element, if not yet a priority. Since he came to power in 2012, Prime Minister Abe and his cabinet understand the importance of expanding cooperation opportunities for Japan beyond the scope of traditional alliances in order to implement the concept of proactive contribution to peace. This is also a priority for the European Union, that, like its most prominent member States, understands that the EU’s Asia policy cannot be summed up to its relations with China.
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: Hideshi Tokuchi
  • Publication Date: 06-2019
  • Content Type: Policy Brief
  • Institution: Japan Institute Of International Affairs (JIIA)
  • Abstract: It is almost a cliché that Australia and New Zealand are canaries in the coal mine for Chinese attempts at exerting political influence.1 In fact, Chinese influence is not a topic that affects just Oceania. It is already a serious challenge that confronts all democracies and open societies. According to Clive Hamilton’s “Silent Invasion,” a Chinese diplomat who sought political asylum in Australia told Hamilton that Australia’s openness, relatively small population, a large number of Chinese immigrants and commitment to multiculturalism have weakened Australia’s capacity to recognize and defend against the Chinese infiltration, but all democracies and open societies are susceptible to the threat
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: Monika Chansoria
  • Publication Date: 01-2019
  • Content Type: Policy Brief
  • Institution: Japan Institute Of International Affairs (JIIA)
  • Abstract: The Paris Peace Conference opened on January 18, 1919, paving way for an ensuing legacy of peacemaking. It aimed at fortifying the conceptual foundations in reference to the very essential premise on which peacemaking rests – i.e., bringing a conflict/war to a halt, and thereafter initiating a diplomatic process that seeks to provide a platform for initiating the process of reconciliation. Held at the Palace of Versailles, the Peace Conference saw delegates from 27 parties, with rigorous deliberations and recommendations that eventually got included into the Treaty of Versailles with Germany, held at the Hall of Mirrors at Versailles, on June 28, 1919
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: Orkhan Huseynov
  • Publication Date: 05-2019
  • Content Type: Policy Brief
  • Institution: Center for Economic and Social Development (CESD)
  • Abstract: The automotive industry is a major employment generator in many economies, with millions of people earning their livelihood, both directly and indirectly. According to the International Organization of Motor Vehicle Manufacturers (IOMVM), the current turnover of the automobile industry is around 2 trillion EURO and is equivalent to the size of 6th largest economy in the world. While there has been a growth momentum for the global automotive industry in the past, it is also facing challenges of late, especially in view of the increasing cost of production and slowing down of demand. The world automotive industry is also faced with the challenge of undertaking R&D and designing fuel-efficient vehicles in view of volatile oil prices. The environmental challenges have also assumed critical importance to the automotive industry at the backdrop of climatic change
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Author: Rashad Hasanov
  • Publication Date: 01-2019
  • Content Type: Policy Brief
  • Institution: Center for Economic and Social Development (CESD)
  • Abstract: The existence of a well-functioning business environment is a key factor in the diversification of the economy, the efficient use of available resources and ensuring sustainable growth. The business environment, in its turn, should be regarded as a composite of conditions that incorporate quite complex components. If one or more of the composition components are not functioning appropriately, the result you will get is not adequate to the available capacity. The existence of contemporary institutions is the absolute requirement for a "good business environment", performing functions such as coordinating all other economic advantages, organizing appropriate arrangements, and risk management.
  • Topic: International Affairs
  • Political Geography: Global Focus
  • Publication Date: 03-2019
  • Content Type: Policy Brief
  • Institution: Center for Economic and Social Development (CESD)
  • Abstract: In January-February of 2019, activity in foreign exchange markets has further escalated. According to the information provided by the State Oil Fund of Azerbaijan (SOFAZ), during the corresponding period 951 million US dollars were sold, including 634.9 million in January and 316.2 million in February. This is 47.2% higher than the same period of the previous year.
  • Topic: International Relations, International Affairs
  • Political Geography: Global Focus