Number of results to display per page
Search Results
1572. How Can America Challenge China's Political Ambitions in an Age of Deglobalisation?
- Author:
- Dimitri Zabelin
- Publication Date:
- 09-2021
- Content Type:
- Working Paper
- Institution:
- LSE IDEAS
- Abstract:
- COVID-19 has accelerated the trend of deglobalisation and further entrenched China into the growing political and economic fort of Asia. This has made the US less effective at implementing policies aimed at curbing Beijing’s political ambitions and strength in the region. Washington must therefore make itself indispensable in Asia and employ strategies for bringing China into a global network that can collectively reign in the Asian giant’s growing influence.
- Topic:
- Economics, Politics, Strategic Competition, and COVID-19
- Political Geography:
- China, Asia, North America, and United States of America
1573. NATO and the Future Character of Warfare
- Author:
- Hugh Sandeman and Jonny Hall
- Publication Date:
- 09-2021
- Content Type:
- Working Paper
- Institution:
- LSE IDEAS
- Abstract:
- This Strategic Update is based on a discussion hosted by LSE IDEAS in June 2021 on ‘Warfare in the 21st Century: Views from NATO Members on the Future Character of Warfare’. Participants in the discussion were: General Sir James Everard, Dr Tomas Ries, Colonel John Andreas Olsen, James Sherr, Gordon Barrass, General Sir Richard Barrons, Professor Christopher Coker, Karsten Friis, Marissa Kemp, Tom McKane, Erik Reichborn-Kjennerud, Professor Rolf Tamnes, and Peter Watkins. This Strategic Update reflects points made during the discussion, but no participant is in any way committed to its specific content, and the views expressed here are attributable solely to the authors.
- Topic:
- NATO, Science and Technology, War, and Strategic Competition
- Political Geography:
- Global Focus
1574. Shaping the Indo-Pacific? Japan and Europeanisation
- Author:
- Yee-Kuang Heng
- Publication Date:
- 11-2021
- Content Type:
- Working Paper
- Institution:
- LSE IDEAS
- Abstract:
- In this Strategic Update, Professor Yee-Kuang Heng investigates European power projection and presence in the Indo-Pacific, and its converging nature with Japan’s attempt to shape the regional environment in its favour. While UK threat perceptions have converged significantly with Japan’s since former Prime Minister David Cameron’s promulgation of a “golden era” in relations with China, managing expectations of Japan’s attempt to ‘shape’ and encourage Europeanisation remains crucial. But is it fair to conclude that Japan has been successful in encouraging a stronger European presence to help it shape the Indo-Pacific order?
- Topic:
- International Relations, Foreign Policy, Europeanization, and Strategic Competition
- Political Geography:
- Japan, China, United Kingdom, Europe, and Indo-Pacific
1575. The Russian Diaspora in the Baltic States: The Trojan Horse that never was
- Author:
- Sarah Coolican
- Publication Date:
- 12-2021
- Content Type:
- Working Paper
- Institution:
- LSE IDEAS
- Abstract:
- Thirty years ago this month, the world shook as one of the only two Superpowers unexpectedly collapsed, creating enormous ramifications for the 25 million ethnic Russians who found themselves as non-titular citizens outside the borders of the newly formed Russian Federation. This ‘beached diaspora’ has been left marginalised and treated with fear, by the Baltic States in their nation-building policies and has left many to think of this community as ‘ripe’ for Russian influence. This Strategic Update will analyse Russian soft power policies and the development of ‘Russkii Mir’ as a tool for utilising this diaspora to further its foreign policy. Tools, which have been seemingly unaffected to a community of autonomy seeking citizens.
- Topic:
- Foreign Policy, Diaspora, and Regional Power
- Political Geography:
- Russia, Eurasia, and Baltic States
1576. Melons as Lemons: Asymmetric Information, Consumer Learning and Seller Reputation
- Author:
- Jie Bai
- Publication Date:
- 03-2021
- Content Type:
- Working Paper
- Institution:
- The John F. Kennedy School of Government at Harvard University
- Abstract:
- There is often a lack of reliable quality provision in many markets in developing countries and firms generally lack a reputation for quality. One potential explanation is that mistrust due to past bad behavior can make reputation-building difficult. I examine this hypothesis in a setting that features typical market conditions in developing countries: the retail watermelon markets in a major Chinese city. I first demonstrate empirically that there is substantial asymmetric information between sellers and buyers on quality and a stark absence of quality premium at baseline. I then randomly introduce one of two branding technologies into 40 out of 60 markets–one sticker label that is widely used and counterfeited and one novel expensive laser-cut label. The experiment findings show that laser-branding induced sellers to provide higher quality and led to higher sales profits. However, after the intervention was withdrawn, all markets reverted back to baseline. I incorporate the experimental variation into an empirical model of consumer learning and seller reputation building. The results suggest that consumers are hesitant to upgrade their perception under stickers, which makes reputation-building a low-return investment. While the new technology enhances learning, the resulting increase in profits is not sufficient to cover the fixed cost of the technology for small individual sellers. Counterfactual analysis shows that information friction and fragmented market lead to significant under-provision of quality.
- Topic:
- Economics, Markets, and Developing World
- Political Geography:
- China, Asia, and Global Focus
1577. Lockdown Fatigue: The Diminishing Effects of Quarantines on the Spread of COVID-19
- Author:
- Patricio Goldstein, Eduardo Levy-Yeyati, and Luca Sartorio
- Publication Date:
- 02-2021
- Content Type:
- Working Paper
- Institution:
- The John F. Kennedy School of Government at Harvard University
- Abstract:
- Non-Pharmaceutical Interventions (NPIs) have been for most countries the key policy instrument utilized to contain the impact of the COVID-19 pandemic. In this article, we conduct an empirical analysis of the impact of these policies on the virus’ transmission and death toll, for a panel of 152 countries, from the start of the pandemic through December 31, 2020. We find that lockdowns tend to significantly reduce the spread of the virus and the number of related deaths. We also show that this benign impact declines over time: after four months of strict lockdown, NPIs have a significantly weaker contribution in terms of their effect in reducing COVID-19 related fatalities. Part of the fading effect of quarantines could be attributed to an increasing non-compliance with mobility restrictions, as reflected in our estimates of a declining effect of lockdowns on measures of actual mobility. However, we additionally find that a reduction in de facto mobility also exhibits a diminishing effect on health outcomes, which suggests that lockdown fatigues may have introduced broader hurdles to containment policies.
- Topic:
- Crisis Management, Public Policy, Pandemic, COVID-19, Health Crisis, and Lockdown Policies
- Political Geography:
- Global Focus
1578. Sorting, Matching and Economic Complexity
- Author:
- Muhammad A. Yildirim
- Publication Date:
- 03-2021
- Content Type:
- Working Paper
- Institution:
- The John F. Kennedy School of Government at Harvard University
- Abstract:
- Assignment models in trade predict that countries with higher productivity levels are assortatively matched to industries that make better use of these higher levels. Here, we assume that the driver of productivity differences is the differential distribution of factors among countries. Utilizing such a structure, we define and estimate the average factor level (AFL) for countries and products using only the information about the production patterns. Interestingly, our estimates coincide with the complexity variables of (Hidalgo and Hausmann, 2009), providing an underlying economic rationale. We show that AFL is highly correlated with country-level characteristics and predictive of future economic growth.
- Topic:
- Economics, Economic Growth, Trade, Industry, and Productivity
- Political Geography:
- Global Focus
1579. Growth Perspective on Western Australia
- Author:
- Ricardo Hausmann, Douglas Barrios, Ana Grisanti, Semiray Kasoolu, Tim O'Brien, Eric Protzer, Rushabh Sanghvi, Nikita Taniparti, and Jorge Tapia
- Publication Date:
- 04-2021
- Content Type:
- Working Paper
- Institution:
- The John F. Kennedy School of Government at Harvard University
- Abstract:
- The Government of Western Australia (WA), acting through its Department of Primary Industries and Regional Development (DPIRD), invited the Growth Lab of the Center for International Development at Harvard University to partner with the state to better understand and address constraints to economic diversification through a collaborative applied research project. The project seeks to apply growth diagnostic and economic complexity methodologies to inform policy design in order to accelerate productive transformation, economic diversification, and more inclusive and resilient job creation across Western Australia. As its name implies, this Growth Perspective Report aims to provide a set of perspectives on the process of economic growth in WA that provide insights for policymakers toward improving growth outcomes. This Growth Perspective Report describes both the economic growth process of Western Australia — with a focus on the past two decades — and identifies several problematic issues with the way that growth has been structured. In particular, this report traces important ways in which policies applied during the boom and subsequent slowdown in growth over the last twenty years have exacerbated a number of self-reinforcing negative externalities of undiversified growth. The report analyzes three key channels through which negative externalities have manifested: labor market imbalances, pro-cyclicality of fiscal policy, and a misalignment of public goods. The report includes sections on each of these channels, which provide perspectives on the ways in which they have hampered the quality of growth and explore the reasons why problematic externalities have become self-reinforcing. In some cases, new issues have emerged in the most recent iteration of WA’s boom-slowdown cycle, but many issues have roots in the long-term growth history of WA.
- Topic:
- Development, Employment, Economic Growth, and Diversification
- Political Geography:
- Australia
1580. Economic Complexity Report for Western Australia
- Author:
- Ricardo Hausmann, Eric Protzer, Jorge Tapia, and Ana Grisanti
- Publication Date:
- 04-2021
- Content Type:
- Working Paper
- Institution:
- The John F. Kennedy School of Government at Harvard University
- Abstract:
- The Government of Western Australia (WA), acting through its Department of Primary Industries and Regional Development (DPIRD), invited the Growth Lab of the Center for International Development (CID) at Harvard University to partner with the state to better understand and address constraints to economic diversification through a collaborative applied research project. The project seeks to apply growth diagnostic and economic complexity methodologies to inform policy design in order to accelerate productive transformation, economic diversification, and more inclusive and resilient job creation across Western Australia. This Economic Complexity Report is organized in six sections, including this brief introduction. Section 2 explains the methodology of economic complexity, including its theoretical foundations and main concepts, as well as the adjustments that were required to obtain the required export data at a subnational level and incorporate the service sector to the analysis. Section 3 describes the structure of the WA economy, identifying its productive capacities and exploring its complexity profile. This is done at the state, regional, and city levels. Section 4 identifies industries with high potential and organizes them into groupings to capture important patterns among the opportunities. Section 5 contextualizes the opportunities further by identifying relevant viability and attractiveness factors that complement the complexity metrics and consider local conditions, as well as a criterion for regional participation in the state-wide diversification strategy. Finally, Section 6 summarizes the main findings of this report and discusses implications for Government of WA strategy and policy toward capitalizing on these revealed opportunities.
- Topic:
- Development, Economics, Economic Complexity, and Job Creation
- Political Geography:
- Australia