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Begin New Search Topic International Political Economy Content Type Working Paper Publication Year within 25 Years

361. Fiscal Policy in the New Open Economy Macroeconomics and Prospects for Fiscal Policy, Coordination

Author:
Leonor Coutinho
Publication Date:
06-2003
Content Type:
Working Paper
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
This paper reviews the analysis of fiscal policy in the new open economy macro-economics literature, in view of increasing interest in the question of transmission and coordination of policies across countries, stirred by developments in this literature and by the formation of the euro area. The analysis focuses on two main points: (i) the identification of welfare spillover effects to third countries; and (ii) the assessments made so far of the potential gains from pursuing non-cooperative and cooperative fiscal stabilisation policies. Regarding welfare spillovers, some additional results are derived to examine whether the exchange rate regime (flexible or fixed) matters for the size of these spillovers, and whether the type of policy pursued (balanced-budget or debt-financed) matters. Fixed exchange rates only seem to postpone the costs from the short to the long run, but the type of policy is crucial in determining the welfare impact of fiscal expansions. With respect to policy coordination, attention is drawn to the need to reflect on a potential role for fiscal policy as a stabilisation tool, and on possible interactions between fiscal and monetary policy.
Topic:
Economics and International Political Economy
Political Geography:
Europe

362. Hard and soft economic policy coordination under EMU: problems, paradoxes and prospects

Author:
Iain Begg
Publication Date:
07-2003
Content Type:
Working Paper
Institution:
Minda de Gunzburg Center for European Studies, Harvard University
Abstract:
Although the launch of the euro went better than many expected, sluggish growth, persistent unemployment and growing disenchantment with key elements of the economic governance system have led to demands for change, especially in policy coordination. This paper examines the criticisms of economic policy in the EU and the mechanisms through which it is coordinated, and considers how the EMU policy system might be reformed. It points to problems and paradoxes in the way economic governance operates, notably those surrounding its ability to deliver a coherent policy mix that brings together monetary fiscal and supply-side policies. The paper concludes with a discussion of whether gouvernment économique might offer a way forward.
Topic:
Economics and International Political Economy
Political Geography:
Europe

363. Obligations of a Global Neighbor

Author:
Joyce E. Bellous
Publication Date:
11-2003
Content Type:
Working Paper
Institution:
Institute on Globalization and the Human Condition, McMaster University
Abstract:
Globalizing processes increase the importance of developing civility both within societies and between societies. More broadly, they point to the need for global civility. Building global civility requires the development of a sense of neighborliness. Civility will result from a strong sense of neighborliness.
Topic:
International Relations, Gender Issues, Globalization, Human Welfare, and International Political Economy

364. Maintaining a Balance of Power that favors Human Freedom: The Finnish Strategic Experience

Author:
Henrikki Heikka
Publication Date:
01-2003
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs
Abstract:
Why should anyone be interested in Finnish strategic thinking and the historical experiences informing it? After all, the country is one of the smallest and most peripheral in a continent that is rapidly marginalizing itself in international politics. While being safe and boring can sometimes be a result of a successful grand strategy – especially for a small state – the answer to the question above might lie in realizing that for half a millennium Finland's external security environment has been anything but safe and boring, and yet the country has managed to develop a republican/liberal political culture and to defend it against external threats.
Topic:
Civil Society, Government, International Political Economy, and Political Economy
Political Geography:
Finland

365. The Dialectics of Globalisation

Author:
Henri Vogt
Publication Date:
01-2003
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs
Abstract:
One of the central objectives of the ever-expanding entrepreneurship of globalisation literature has been to formulate a single, concise definition of the phenomenon of globalisation. Needless to say, this has usually proved a hugely difficult task, if not an impossible one. The strategy of the ensuing pages will therefore be somewhat different. I will start off with an explicit idea of the multiplicity of 'globalisation', that is, from the assumption (or fact) that globalisation covers such a wide range of different issues, attitudes, processes, policies, destinies, and people perceive it in so many different ways that any simple definition of it is doomed to be virtually useless. There is, in other words, no need to bring all these different features and views under a single totalising explication. By contrast, the best way to conceptualise the notion is to do it with the help of all those definitional problems, controversies, disputes and even paradoxes that it seems to entail – that is, with an explicit vagueness of the notion in mind, a vagueness that also implies a great deal of dynamism and continuous change.
Topic:
Development, Globalization, International Political Economy, and Nationalism

366. A Hole in the Wall? Dimensionalism and the EU's "New Neighbourhood Policy"

Author:
Hiski Haukkala
Publication Date:
06-2003
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs
Abstract:
The successive rounds of enlargements are a factor shaping the European Union. The previous enlargements have all resulted in the broadening of the EU's agenda, changes in the institutions and decision-making, as well as shaping the way in which the world external to the Union has perceived the European integration and its different manifestations, be they institutions or policies. There is dialectic at work, where the “shadow of enlargement” forces the European Union and its member states to adapt its own dynamic to meet the changing circumstances. This adaptation – together with the growing geographic exposure to new neighbours and regions – in turn create an opening and a demand for further enlargements, which then start the dialectic anew.
Topic:
International Organization and International Political Economy
Political Geography:
Europe

367. Dialogue of Civilisations? The Case of Nepad

Author:
Henri Vogt
Publication Date:
07-2003
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs
Abstract:
This paper has two parallel aims. First of all, it seeks to present and critically discuss some central aspects of the New Partnership for Africa's Development (NEPAD) initiative. A programme of the African Union and officially launched in October 2001, NEPAD is a comprehensive, ambitious framework for changing the negative course of development in Africa and for ending the increasing marginalisation of the continent in the global era. In the words of its founding document, 'the Programme is anchored on the determination of Africans to extricate themselves and the continent from the malaise of underdevelopment and exclusion in a globalising world' (§1).
Topic:
Development, Government, International Cooperation, International Organization, International Political Economy, and Regional Cooperation
Political Geography:
Africa

368. Political Disaffection and Democratization: History in New Democracies

Author:
Mariano Torcal
Publication Date:
10-2003
Content Type:
Working Paper
Institution:
Kellogg Institute for International Studies
Abstract:
This paper focuses on the analysis of political disaffection. After discussing and defining this notion, the article shows that disaffection affects more widely, though not exclusively, third-wave democracies. The close link between levels of disaffection and the history of democratization in each country explains its higher incidence among new democracies. For this very reason, political disaffection could also run high among more established democracies. However, regardless of its incidence in each particular country, political disaffection reveals a distinctive nature in new democracies because of the absence of a democratic past in many of these cases. Thus, disaffection constitutes a key element to explain the lower propensity of citizens of new democracies to participate in every dimension of political activity.
Topic:
International Relations, Government, International Political Economy, and Politics
Political Geography:
Europe

369. Informal Institutions and Comparative Politics: A Research Agenda

Author:
Gretchen Helmke and Steven Levitsky
Publication Date:
09-2003
Content Type:
Working Paper
Institution:
Kellogg Institute for International Studies
Abstract:
During the 1990s, comparative research on political institutions focused primarily on formal rules. Yet recent studies suggest that an exclusive focus on formal rules is often insufficient, and that informal institutions, ranging from bureaucratic and legislative norms to clientelism and patrimonialism, often have a profound—and systematic—effect on political outcomes. Neglecting these informal institutions thus risks missing many of the “real” incentives and constraints that underlie political behavior. This article seeks to move informal institutions from the margins to the mainstream of comparative politics research. It develops an initial framework for studying informal institutions and, importantly, integrating them into comparative institutional analysis. In the conceptual realm, the article attempts to clarify what is meant by “informal institution” and then develops a typology of four patterns of formal-informal institutional interaction: complementary, accommodating, competing, and substitutive. In the theoretical realm, the article examines two issues that have been largely unexplored in the literature on informal institutions: the question of why and how informal institutions emerge, and the sources of informal institutions stability and change. A final section explores some of the practical challenges inherent in research on informal institutions, including issues of identification, measurement, and comparison.
Topic:
International Relations, Government, International Political Economy, and Politics

370. International Dimensions of Corruption: The Russian Case

Author:
Louise Shelley
Publication Date:
08-2003
Content Type:
Working Paper
Institution:
Liechtenstein Institute on Self-Determination, Princeton University
Abstract:
The globalization of the fruits of Russian organized crime and corruption have affected Russia's international image and undermined state capacity. The departure of illicitly gained billions quickly diminished the capacity of even a once formidable power. It deprived Russia of the resources it needs to rebuild the state infrastructure, service its debts and pay the salaries and pensions of its citizens. The failure of a former superpower to meet the basic needs of its citizens has served as a powerful lesson to the international community. This occurred, in part, because those who controlled the state's capital could move money abroad in enormous amounts and great rapidity.
Topic:
Government and International Political Economy
Political Geography:
Russia