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322. Black Community Programmes: The Practical Manifestation of Black Consciousness Philosophy
- Author:
- Tricontinental: Institute for Social Research
- Publication Date:
- 09-2021
- Content Type:
- Working Paper
- Institution:
- Tricontinental: Institute for Social Research
- Abstract:
- This dossier focuses on the Black Community Programmes, a series of projects initiated in 1972 that served as the practical implementation of the Black Consciousness philosophy to give Black people the power to become self-reliant. In practice, these programmes included the foundation of publications and research, health centres, factories to employ the economically marginalised, and a trust fund to provide basic necessities for ex-prisoners as well as grants for yet other projects.
- Topic:
- Race, Philosophy, Black Politics, and Consciousness
- Political Geography:
- Global Focus
323. Uncovering the Crisis: Care Work in the Time of Coronavirus
- Author:
- Tricontinental: Institute for Social Research
- Publication Date:
- 03-2021
- Content Type:
- Working Paper
- Institution:
- Tricontinental: Institute for Social Research
- Abstract:
- The pandemic uncovered a reality that has long been brewing in which inequalities, injustices, and asymmetries are violently embedded in the order of society. The crisis of wage-based society did not alter the unequal distribution of work, nor did it recognise it as an integral element of all lives – despite how feminisms have long politicised this discussion. This dossier focuses on three main areas around three main areas: communities, houses/homes, and domestic and care work.
- Topic:
- Labor Issues, Feminism, Pandemic, COVID-19, Domestic Work, and Caregivers
- Political Geography:
- Global Focus
324. "Systemic Risks": A Conversation on Nuclear Technology and Deterrence with Dr. Vipin Narang
- Author:
- Dylan Land
- Publication Date:
- 12-2021
- Content Type:
- Working Paper
- Institution:
- The Fletcher School, Tufts University
- Abstract:
- Fletcher Security Review (FSR): What do you perceive as the greatest threat to global nuclear security? Where do you see the greatest potential for the outbreak of nuclear war? Vipin Narang (VN): Rather than focusing on regions, I see three trends which I think we should be concerned about. One is the return of a great power arms race, and a lot of this was exacerbated in the Trump administration. Even as we head into the Biden administration—which extended the New START Treaty with Russia for five years—Russia and China are modernizing their nuclear forces at breakneck speed. They are worried primarily about U.S. missile defenses, which at this point are unconstrained. The United States has a variety of missile defense systems at the regional level which work pretty well, as well as the national missile defense system, which doesn’t…yet. You will often hear that the national missile defense system does not work very well and that is true—the success rate is around 60 percent in simulated tests. It may be difficult to ever get it to work perfectly or even well, but it is the prospect that the United States might get it to work that really drives modernization efforts in Russia and China.....
- Topic:
- Nuclear Weapons, Science and Technology, Risk, Deterrence, and Interview
- Political Geography:
- Russia, China, Global Focus, and United States of America
325. Media and Securitisation: The Influence on Perception
- Author:
- Alberto Tagliapietra
- Publication Date:
- 07-2021
- Content Type:
- Working Paper
- Institution:
- Istituto Affari Internazionali
- Abstract:
- The relationship between media and perception is essential to securitisation processes. Through the adoption of specific wordings and narratives the media can and do influence the public perception of a given phenomenon as a challenge or even an existential threat to public security, economic prosperity, social stability or cultural homogeneity. Media narratives are exploited by political actors, which promote and/or instrumentalise securitised issues in order to present themselves as the only actors able to provide a solution. During the years of the “migration crisis”, many media outlets in Europe created a perception of the magnitude of migration phenomenon that had little basis in empirical data while also portraying it as inherently threatening. The securitisation to which migration was subjected led to a much worsened perception of migrants by the public and consequently to a greater political appeal of parties that made anti-immigration the core of their public discourse.
- Topic:
- Security, Migration, Mass Media, and Public Opinion
- Political Geography:
- Global Focus
326. Global Environmental, Social and Governance (ESG) Capital Allocation Strategies Between Impact Ambitions and Measurement Challenges
- Author:
- Sara Lovisolo
- Publication Date:
- 08-2021
- Content Type:
- Working Paper
- Institution:
- Istituto Affari Internazionali
- Abstract:
- Responsible investment as a capital allocation strategy has evolved from its ethical and political origins to embrace science-based considerations and outcome-based approaches in the context of the urgent action required in response to climate change and the Sustainable Development Goals. This shift can pose both threats and opportunities to companies seeking to get access to a diversified investor base. The investment environment companies are faced with varies depending on the geographical context and the investment style of investors. In particular, the rise of passive investment – that is the replication of financial indices in the construction of fund portfolios – is an important tool for the integration of sophisticated environmental, social and governance (ESG) factors in investment strategies. The US, Europe, Asia-Pacific and Africa present different levels of maturity and strengths in the space of responsible investment, calling for ad-hoc responses from investee companies. Across all jurisdictions the challenge of effectively measuring the impact of responsible investment is one investors and policymakers alike are still grappling with. Paper prepared in the framework of the IAI-Eni Strategic Partnership, July 2021.
- Topic:
- Climate Change, International Political Economy, Foreign Direct Investment, and Sustainable Development Goals
- Political Geography:
- Global Focus
327. How Do World Bank Staff Perceive the Institutional Environment for Building Citizen Engagement into Projects?
- Author:
- Rachel Nadelman
- Publication Date:
- 06-2021
- Content Type:
- Working Paper
- Institution:
- Accountability Research Center (ARC), American University
- Abstract:
- How do World Bank staff perceive institutional opportunities and bottlenecks for undertaking citizen engagement (CE) as part of projects? The Accountability Research Center (ARC) at American University sought to answer this question by going beyond formal institutional directives and asking the staff themselves. ARC interviewed 30 World Bank staff involved with stakeholder and civic engagement in different capacities. Respondents represented the World Bank’s six administrative regions and a range of Global Practices, as well as operational, analytic, advisory, and managerial roles. The Open Society Foundations funded this independent research, which took place in consultation with senior World Bank management, without their direct involvement in the research or writing. During the February–August 2019 research period, the World Bank initiated an internal restructuring process which included changes to the leadership of the citizen engagement agenda. This report offers important insights that continue to be relevant for the Bank’s crucial CE work, particularly for its Citizen Engagement and Social Accountability Global Solutions Group in the new Social Sustainability and Inclusion Global Practice. The findings can also contribute to the efforts of public interest groups interested in strengthening the World Bank’s work in this area. The main findings resulting from this qualitative survey of World Bank staff perceptions include: Staff overwhelmingly credited the World Bank’s mainstreaming commitments for having increased the prominence of CE across the institution and expanding its visibility in projects. However, most viewed incentives as geared toward meeting minimum standards rather than achieving maximal impact; The primary internal promoters of the CE agenda, Regional and Global Practice Focal Points, are hampered by significant time and financial constraints. The institutional emphasis on compliance with minimum project design standards has meant that most do not know if or how the design commitments are carried out in practice; Staff consistently cited a lack of reliable, dedicated funding for CE monitoring and follow-up support for why advancements in design would not translate into improved CE in practice; Staff perceived that those World Bank regions and sectors that pursued CE most ambitiously and consistently were those whose management actively sought visibility for the agenda and proactively advocated for and secured dedicated funding; There is limited strategic coordination between the Bank’s CE agenda and its new Environmental and Social Framework (ESF), which establishes standards for stakeholder engagement and information disclosure. Unlike the CE agenda, the ESF introduces policy reforms supported by strict guidelines, dedicated staff, and uniquely robust monitoring and enforcement apparatus. More consistent attention to finding synergy would allow the CE program to leverage the ESF’s strengths while bolstering the unique aspects of CE that the ESF does not cover.
- Topic:
- World Bank, Institutions, Workforce, and Civic Engagement
- Political Geography:
- Global Focus
328. The Nature of Money and the Theory of International Trade: Thornton and Ricardo
- Author:
- Isabella Weber
- Publication Date:
- 10-2021
- Content Type:
- Working Paper
- Institution:
- Political Economy Research Institute (PERI), University of Massachusetts Amherst
- Abstract:
- A rich recent literature reinvestigates the nature of money, but little attention has been paid to the ramifications of the ways in which we theorize money for the theory of international trade. This paper examines the logical relationship between the neutrality of money and self-balancing trade based on Henry Thornton and David Ricardo as two foundational contributions to credit and commodity money theories respectively. I show that both authors theorize trade as self-balancing whenever money is conceptualized as neutral. I distinguish two notions of the neutrality of money: ex ante and ex post neutrality. In Thornton’s Paper Credit money is not neutral ex ante: there can be temporary trade imbalances. But in the long-run money is neutral ex post and international trade boils down to self-balancing barter. In Ricardo money is neutral both ex ante and ex post and international trade is always balanced unless central bank policy undermines monetary neutrality.
- Topic:
- International Trade and Finance, Economy, Money, and Trade
- Political Geography:
- Global Focus
329. The Impact of Environmental Regulations on Manufacturing Outsourcing: Re-examining the Pollution Haven Effect in Global Value Chain
- Author:
- An Li
- Publication Date:
- 11-2021
- Content Type:
- Working Paper
- Institution:
- Political Economy Research Institute (PERI), University of Massachusetts Amherst
- Abstract:
- As countries worldwide attempt to address a series of global and domestic environmental challenges, the pollution haven effect remains an ongoing concern among trade and environment researchers and policymakers. This paper examines the pollution haven effect in the context of global value chains using inter-country input-output data at the manufacturing industry level from 1995-2009. This paper pays special attention to the issue of “doublecounting” caused by intermediate trade. The analysis utilizes two outsourcing measures and two revealed comparative advantage measures appropriate for analyzing global value chains. I propose women’s political power as a novel instrumental variable to address the endogeneity of environmental regulation. Regression results show that more stringent environmental policies are not a significant determinant of manufacturing outsourcing and competitiveness in global value chains. At the same time, women’s political power is associated with more stringent environmental policies.
- Topic:
- Environment, Women, Economy, Trade, Pollution, and Global Value Chains
- Political Geography:
- Global Focus
330. Notes on Covid-19, Potential GDP, and Hysteresis
- Author:
- Thomas Michi
- Publication Date:
- 03-2021
- Content Type:
- Working Paper
- Institution:
- Political Economy Research Institute (PERI), University of Massachusetts Amherst
- Abstract:
- This note provides a model framework for thinking about stabilization policies in the presence of hysteresis after a negative shock like the Covid-19 pandemic. Headline measures of so-called potential GDP published by the Congressional Budget Office represent only one of many possible inflation-neutral trajectories for output. The term potential GDP is misleading since potential implies a unique limit on output. It is much more accurate to consider a range of possible trajectories or multiple equilibria. Repairing the damages from a shock will require overshooting the inflation target and running the economy above its inflation-neutral equilibrium in order to restore the status quo ante level of output and employment. The model assumes constant trend growth so that path dependence takes the form of pure output-level effects.
- Topic:
- Political Economy, GDP, COVID-19, and Financial Stability
- Political Geography:
- Global Focus