Content Type: Working Paper / Topic: Economics

2801. The Costs and Benefits Analysis of CFA Membership: The Choice of an Exchange Rate Regime for the CFA Countries Zone

Author:: Mireille Linjouom
Publication Date:: 02-2004
Content Type:: Working Paper
Institution:: United Nations University
Abstract:: The paper determines an analytical framework defining the choice of an optimal exchange rate regime for a typical CFA country. The policymakers behave strategically to decide to adopt alternative exchange rate regime by minimizing their loss function under specific constraints like economic characteristics and political consideration. One concludes a CFA economy with less inflationary propensity and greater external shocks volatility will tend to select a flexible exchange rate regime. Moreover, the model suggests that a CFA country with a more unstable political system and a higher propensity to apply inflationary policies will prefer a flexible arrangement than a fixed one.
Topic:: Economics, International Organization, International Political Economy, and International Trade and Finance
Political Geography:: Africa

2802. An Aggregate View of Macroeconomic Shocks in Sub-Saharan Africa: A Comparative Study Using Innovation Accounting

Author:: Simeon Coleman
Publication Date:: 02-2004
Content Type:: Working Paper
Institution:: United Nations University
Abstract:: This paper investigates the impacts and responses of macroeconomic shocks in some domestic economies in Sub-Saharan Africa over the period 1961-99; more specifically, it seeks to answer the question of whether there are any systematic differences in the responses of the CFA franc zones and the non-CFA franc zone countries to macroeconomic shocks. Based on the Blanchard-Quah methodology, we identify shocks to the changes in real exchange rate and output using a structural VAR (SVAR) model for these small open economies. Our finding that the real exchange rate innovations in the CFA franc zones are largely independent of domestic variables suggests that external influence is more important in the CFA zones. There is also some evidence that money demand shocks are more significant in the non-CFA franc zone countries.
Topic:: Economics, International Political Economy, and International Trade and Finance
Political Geography:: Africa

2803. Conceptual and Measurement Issues in Poverty Analysis

Author:: Erik Thorbecke
Publication Date:: 04-2004
Content Type:: Working Paper
Institution:: United Nations University
Abstract:: The objective of this paper is to review a number of issues related to poverty, while taking stock of the ongoing research. Most of the remaining unresolved issues in poverty analysis are related directly or indirectly to the dynamics of poverty. Before the development community can become more successful in designing and implementing poverty-alleviation strategies, within the context of growth, we need to understand better the conditions under which some households remain permanently (chronically) poor and how others move in and out of poverty. In what follows we review the state of the art under a number of interrelated headings: (1) Chronic vs. transient poverty; (2) Poverty and vulnerability; (3) The determination of the poverty line across time and countries; (4) The quantitative vs. qualitative approach to poverty measurement; and (5) Growth, inequality and poverty.
Topic:: Development, Economics, Human Welfare, and Poverty

2804. An Inquiry into Cities and Their Role in Subnational Economic Growth in South Africa

Author:: W.F. Krugell and W.A. Naudé
Publication Date:: 01-2004
Content Type:: Working Paper
Institution:: United Nations University
Abstract:: South Africa is characterized by significant inequality in spatial economic activity. Whether future growth and development on a subnational level in South Africa will be such as to reduce this inequality may depend on the economic growth and development of South Africa's largest cities. Our local economic growth empirics show some indications of conditional convergence in output between poorer towns as well as overall between all cities and towns. Between 1990 and 2000 some limited sigma convergence was found but this was driven by declines in the standard deviation of per capita income amongst the poorest quintile of towns. An estimate of conditional beta convergence of 1.2 percent over the period 1990-2000 confirms that overall convergence has been taking place. From an estimation of the determinants of economic growth on a local level, using a dataset on 353 local areas in South Africa between 1990-2000 we found the most significant determinants to be stocks of human capital and distance from harbours and markets. The effect of human capital on economic growth was strongly associated with the presence of large cities, as one would predict from endogenous growth theory.
Topic:: Demographics, Development, and Economics
Political Geography:: Africa and South Africa

2805. Return International Migration and Geographical Inequality: The Case of Egypt

Author:: Barry McCormick and Jackline Wahba
Publication Date:: 01-2004
Content Type:: Working Paper
Institution:: United Nations University
Abstract:: This paper explores entrepreneurship amongst return migrants, how their business locations and characteristics differ from other businesses, and the implications for rural urban inequality. First, we examine, amongst returnees, the determinants of investment in a project/enterprise. Second, we study the impact of return migration on the characteristics and nature of non-farm small enterprises using a sample of return migrants and non-migrant owners of enterprises. Our data indicate that although the share of return migrants originating in urban areas is almost equal to those from rural areas, and that migrants tend to return to their origin region, urban areas benefit more than rural areas from international savings. The empirical evidence suggests that overseas savings, and the duration of stay overseas, have positive separate effects on the probability of investing in a project/enterprise amongst returnees. Furthermore, returnees from urban-origin are more likely than rural ones to invest in a non-farm enterprise. The findings also indicate that there is a regional bias in the location of firms and jobs created by returnees compared to non-migrants, in favour of the capital city. Thus, overall, the results support a positive impact of return migration on enterprise investment in urban areas driven by the preference of returnees to invest in urban areas.
Topic:: Demographics, Economics, and Migration
Political Geography:: Middle East and Egypt

2806. Love Thy Neighbour? Evidence from Ethnic Discrimination in Information Sharing within Villages

Author:: Mattia Romani
Publication Date:: 01-2004
Content Type:: Working Paper
Institution:: United Nations University
Abstract:: There is increasing evidence to suggest that a fundamental source of information for farmers on how to access and use new agricultural technologies comes from interacting with neighbours. Economic research on adoption of innovations in a rural context has only partially addressed the issue of how the social structure of a village can affect adoption and the final impact on productivity of farmers. This paper investigates the role of proximity interpreted not only in geographical terms but also along the line of ethnic similarities among neighbours (what we define as 'social proximity'). We use a panel dataset collected in Côte d'Ivoire to define the probability of accessing the knowledge network. The main results indicate that farmers from ethnic minorities are less likely to access, and benefit less from, extension services. But they seem to try to re-equalize their condition by putting more effort than dominant ethnic group neighbours in sharing information among themselves.
Topic:: Agriculture, Demographics, Economics, and Human Welfare
Political Geography:: Africa

2807. Economic Growth, Income Distribution and Poverty: Time-series and Cross-country Evidence from the CFA-zone Countries of sub-Saharan Africa

Author:: Michael Bleaney and Akira Nishiyama
Publication Date:: 01-2004
Content Type:: Working Paper
Institution:: United Nations University
Abstract:: The causes of the slow growth of CFA countries are investigated. There is little difference in this respect between the CFA and other sub-Saharan African countries. Since 1970, GDP growth in the CFA countries has shown no significant trend but one or two medium-term fluctuations (positive in 1979-83 and negative in 1989-93). Internationally, the income share of the poorest 20 per cent of the population of any country has improved most in poor countries, and there is no evidence that this does not apply to CFA countries also.
Topic:: Economics, Human Welfare, International Political Economy, and International Trade and Finance
Political Geography:: Africa

2808. How Does Monetary Policy Affect the Poor? Evidence from the West African Economic and Monetary Union

Author:: David Fielding
Publication Date:: 01-2004
Content Type:: Working Paper
Institution:: United Nations University
Abstract:: The West African Economic and Monetary Union (UEMOA) has a history of monetary stability and low inflation. Nevertheless, there is substantial variation in relative prices within some UEMOA countries, in particular in the price of food relative to other elements of the retail price index (IHPC). Using monthly time-series data for cities within the region, we analyze the impact of changes in monetary policy instruments on the relative prices of components of the IHPC. We are then able to explore how the burden of monetary policy innovations is likely to be shared between the rich and poor.
Topic:: Economics, Human Welfare, International Political Economy, and International Trade and Finance
Political Geography:: Africa

2809. Inequality and Welfare Evaluation of Heterogeneous Income Distributions

Author:: Anthony Shorrocks
Publication Date:: 01-2004
Content Type:: Working Paper
Institution:: United Nations University
Abstract:: This paper establishes the principles which should govern the welfare and inequality analysis of heterogeneous income distributions. Two basic criteria—the 'equity preference' condition and the 'compensation principle'—are shown to be fundamentally incompatible. The paper favours the latter, thereby vindicating the traditional method of dealing with heterogeneous samples. However, inequality and welfare comparisons will usually be well defined only if equivalent incomes are obtained using constant scale factors; and researchers will need to distinguish clearly between inequality of nominal incomes and inequality of living standards. Furthermore, household observations must always be weighted according to family size.
Topic:: Demographics, Economics, Human Welfare, and Poverty

2810. A Development-focused Allocation of the Special Drawing Rights

Author:: Ernest Aryeetey
Publication Date:: 03-2004
Content Type:: Working Paper
Institution:: United Nations University
Abstract:: Efforts to realize the issue of development-focused Special Drawing Rights (SDR) by the International Monetary Fund (IMF) have been on-going for many years. Recently, however, the campaign first gained a new momentum immediately after the Asian financial crises with the new liquidity problems of developing nations following the collapse of private capital markets. Currently the search for financing options towards the achievement of the Millennium Development Goals drives the interest in development-focused SDRs. Extending the uses to which SDR can be put is derived from the growing demands on the international financial system to respond to the development finance needs of poor nations. Apart from the need to provide emergency funds in times of crises and the whole area of crisis prevention, increasingly the facilitation of development in poor countries and assistance to make the best policy decisions is considered crucial.
Topic:: Development, Economics, International Political Economy, and International Trade and Finance
Political Geography:: Asia

2811. Africa's Debt Iraq's Debt - Washington's Double Standard

Publication Date:: 04-2004
Content Type:: Working Paper
Institution:: Africa Policy Information Center
Abstract:: This week when the World Bank and International Monetary Fund (IMF) hold their annual spring meetings in Washington, DC, Africa's debt crisis will hardly appear on their agenda.
Topic:: Foreign Policy, Economics, Human Rights, Human Welfare, and Poverty
Political Geography:: Africa, United States, Iraq, Washington, Middle East, and Arabia

2812. Africa Policy Outlook 2004

Author:: Salih Booker and Ann-Louise Colgan
Publication Date:: 01-2004
Content Type:: Working Paper
Institution:: Africa Policy Information Center
Abstract:: The U.S.' Africa policy will continue to be characterized by a duplicity that has emerged as the principal hallmark of the Bush Administration approach to the continent. On the one hand, Africa's priorities are being marginalized and undermined by a U.S. foreign policy preoccupied with other parts of the world. On the other hand, the Bush White House is callously manipulating Africa, claiming to champion the continent's needs with its compassionate conservative agenda.
Topic:: Foreign Policy, Economics, Human Rights, Human Welfare, Poverty, and War
Political Geography:: Africa and United States

2813. Power Sector Reforms in India: Issues Relating to Agriculture

Author:: Rafiq Dossani
Publication Date:: 03-2004
Content Type:: Working Paper
Institution:: Walter H. Shorenstein Asia-Pacific Research Center
Abstract:: Firstly, the cost-to-serve for each category of consumer varies depending on several factors. There are technical reasons such as power factor, voltage of supply and so on which are set out in the Electricity Supply Act, 1948. There are also commercial reasons. In some situations, the total quantity of power available could not be sold, unless some categories of consumers we are charged a lower tariff. There are also considerations of equity or the need to meet the merit wants of the poorer population, which prompted differential pricing.
Topic:: Agriculture, Economics, and Energy Policy
Political Geography:: South Asia and India

2814. Tackling the Critical Conundrum: How Do Business, Government and Media Balance Economic Growth and a Healthy Environment?

Author:: John A. Riggs
Publication Date:: 05-2004
Content Type:: Working Paper
Institution:: Aspen Institute
Abstract:: One of the enduring debates about environmental issues is the extent to which progress can be achieved without economic harm, either to a business or to society as a whole. The risk of such harm has frequently been used, often effectively, as a reason to oppose or delay actions to reduce pollution or to otherwise advance environmental protection goals. The apparent political persuasiveness of the argument has led to a counterargument: that there are usually win-win solutions and that environmental and economic goals need not be in conflict.
Topic:: Economics, Environment, and Government
Political Geography:: United States

2815. A Matter of Degree: The Role of Journalists as Activists in Journalism Business and Policy

Author:: Neil Shister
Publication Date:: 04-2004
Content Type:: Working Paper
Institution:: Aspen Institute
Abstract:: The prevailing view of journalism today draws on strands from a diverse portfolio of political, legal, and commercial theories. Some of the propositions underlying the way we regard the practice of the craft date back to the 18th-century “age of reason;” others are as current as yesterday's Wall Street media deal. “Journalism” is a historical hybrid— more an evolving social construct than a fixed point of reference. As such, it conveys contradictory associations: on one hand a band of swashbuckling iconoclasts daring to “speak truth to power;” on the other hand considerably more temperate, disinterested professionals gathering content to distribute through the “information division” of giant corporations. Each image is exaggerated; neither is wholly wrong
Topic:: Economics, Government, and Politics
Political Geography:: United States and Europe

2816. Capital Plus: The Challenge of Development in Development Finance Institutions

Publication Date:: 03-2004
Content Type:: Working Paper
Institution:: Aspen Institute
Abstract:: Capital Plus is a position paper written by the members of the Development Finance Forum (the Forum), a group of practitioners that has met for a week each year since 1997. The Forum members use the term “development finance institutions” (DFIs) to refer to our diverse institutional forms, customer strategies, and products, which include microcredit, loans to small and medium sized businesses, and investments in housing projects and community facilities. The word “practitioner” is the key to our group. While donors, academics, and representatives of multilateral institutions play an important role in building and marketing the development finance field, they have often dominated the way debates and ideas are shaped. We asked ourselves: as practitioners, did we have, or could we develop, a common perspective? Could it shape the debate in a new way? What new ideas could we add?
Topic:: Economics, Government, and International Trade and Finance
Political Geography:: United States

2817. Challenges for a Post-Election Philippines

Author:: Catherine E. Dalpino
Publication Date:: 05-2004
Content Type:: Working Paper
Institution:: Council on Foreign Relations
Abstract:: The outcome of national elections in the Philippines on May 10 is still to be determined. For the past three years, President Gloria Macapagal-Arroyo has governed as an appointed head of state in the wake of President Joseph Estrada's forced resignation on corruption charges. Her administration inherited a country in crisis, and it began the critical process of economic stabilization and growth. Economic indicators in the past two years have shown modest progress. In this interim period, the Philippines has been a steadfast ally of the United States in the war against terrorism. These fragile gains could be imperiled if the Philippines does not complete the electoral process in an expeditious and credible manner. Whatever the outcome of the polls, the winner will have little time to lose in addressing a number of short- and long-term problems in the Philippines.
Topic:: Economics, Emerging Markets, and Politics
Political Geography:: United States, Asia, Philippines, and Southeast Asia

2818. Welfare and the Labour Market in the EU

Author:: Marie-Laure Michaud
Publication Date:: 09-2004
Content Type:: Working Paper
Institution:: Centre for European Policy Studies (CEPS)
Abstract:: Over the last two decades, EU institutions have been increasingly concerned with the issues of unemployment reduction and job creation. The EU has recommended that member states develop welfare systems that moderate the negative effects of market relationships on the one hand, and enhance the efficiency of market performance on the other.
Topic:: Economics and Human Welfare
Political Geography:: Europe

2819. Are the Balance of Payments Deficits in the Baltic Countries Sustainable?

Author:: Jorgen Drud Hansen and Morten Hansen
Publication Date:: 07-2004
Content Type:: Working Paper
Institution:: Centre for European Policy Studies (CEPS)
Abstract:: For almost a decade all three Baltic countries have witnessed substantial deficits on the current accounts of the balance of payments. This paper discusses whether this situation should be a matter of concern. Recent literature on the sustainability of balance of payments deficits is reviewed and put into a Baltic context. The main conclusion is that the recurrent large deficits in the Baltic countries pose a risk for the fixed exchange-rate policies until the countries adopt the euro. In the longer term, large deficits will influence the time path of convergence of living standards between the Baltic countries and the EU as a whole.
Topic:: Development and Economics
Political Geography:: Europe and Eastern Europe

2820. Measuring the Economic Impact of an EU–GCC Free Trade Agreement

Author:: David Kernohan and Dean A. DeRosa
Publication Date:: 07-2004
Content Type:: Working Paper
Institution:: Centre for European Policy Studies (CEPS)
Abstract:: Economic growth rates in the Gulf region have languished in recent years and need to be raised to accommodate the rapidly growing populations and social aspirations of the region. Using a simple model of world trade, this report investigates the economic impacts of the new customs union of the Gulf Cooperation Council (GCC) and the proposed free trade agreement (FTA) between the GCC and European Union. The quantitative results suggest that the new customs union and proposed EU-GCC free trade agreement both appreciably expand trade and improve economic welfare in the GCC countries, with little significant economic impact on the EU. As expected, the FTA results in larger GCC economic gains than the customs union because it affords GCC consumers greater opportunity to enjoy imports at internationally competitive prices. Although welfare gains under the proposed FTA closely approximate those under open regionalism (concerted trade liberalisation on a most favoured nation basis), reducing the 5% GCC common external tariff to about 3% as part of the FTA negotiations would not only ensure near-maximum trade performance and welfare gains but also add further to the attractiveness of the GCC countries as a location for foreign direct investment.
Topic:: Development, Economics, Treaties and Agreements, and Population
Political Geography:: Europe

2821. Why Is There a Productivity Problem in the EU?

Author:: Francesco Daveri
Publication Date:: 07-2004
Content Type:: Working Paper
Institution:: Centre for European Policy Studies (CEPS)
Abstract:: Magazines and newspapers often refer to or even take for granted the economic decline of the EU, particularly when contrasting the EU data with US data. The first part of this paper poses the question of whether IT – as often alleged – is really the only cause for the EU's productivity slowdown. The conclusion is that it is not. The non-IT part of the economy has not only contributed to the slowdown but appears to have crucially contributed to the EU-US growth gap as well. There is thus little reason for the EU to target IT-diffusion as an intermediate goal, as implied by the Lisbon strategy. The second part of the paper, after showing that the growth slowdown comes from the reduction of non-IT capital deepening and the lack of acceleration in total factor productivity growth, argues that the slowdown of capital deepening will continue. The scarce resources available for enhancing growth should concentrate on providing incentives to R and innovation at large, rather than financing traditional infrastructures. This is at odds with the goals pursued by the EU within the framework of the European Growth Initiative.
Topic:: Development, Economics, and Treaties and Agreements
Political Geography:: Europe

2822. The Impact of Unemployment on Individual Well-Being in the EU

Author:: Namkee Ahn, Juan Ramón García, and Juan Francisco Jimeno
Publication Date:: 07-2004
Content Type:: Working Paper
Institution:: Centre for European Policy Studies (CEPS)
Abstract:: Among the working-age population, one of the most damaging individual experiences is unemployment. Many previous studies have confirmed the devastating effects of unemployment on individual well-being, both pecuniary and non-pecuniary. Using the data from the European Community Household Panel survey, we examine the factors that affect unemployed workers' well-being with respect to their situations in their main vocational activity, income, housing, leisure time and health in Europe.
Topic:: Conflict Resolution, Economics, and Human Welfare
Political Geography:: Europe

2823. Economic Policy Coordination in EMU: What Role for the SGP?

Author:: Jørgen Mortensen
Publication Date:: 06-2004
Content Type:: Working Paper
Institution:: Centre for European Policy Studies (CEPS)
Abstract:: The present paper discusses the implications of the recent institutional crisis in the EU provoked by the failure of the Economic and Financial Affairs Council (ECOFIN) to impose the sanction on Germany and France provided for in the Stability and Growth Pact, along with Article 104 and the associated protocol of the Maastricht Treaty. The paper situates the debate concerning the application of the Stability and Growth Pact (SGP) in a broader evolution of the struggle between two schools of thought concerning macroeconomic policy–making in the European Union: the school calling for a strengthening of competences at the EU level (federal economic government) and the school arguing for preserving national competences for budgetary policy even in the face of the transfer of competence for monetary policy to the European Central Bank (ECB). The paper argues that the SGP represents an acceptable comprise between the two views of the schools in so far as it establishes rules to be respected without actually transferring competence to the Council in the field of budgetary policy. Consequently, the SGP has not and does not add to the 'democratic deficit' within the EU institutional framework. The paper argues, nevertheless, that the excessive deficit procedure (EDP) puts too strong an emphasis on the government budget deficit and suggests that emphasis on the sustainable level of public debt would ensure a stronger basis for assessing whether a given budget deficit may be considered excessive or not.
Topic:: Defense Policy, Economics, and Treaties and Agreements
Political Geography:: Europe, France, and Germany

2824. Theorising European Strategic Culture: Between Convergence and the Persistence of National Diversity

Author:: Christoph O. Meyer
Publication Date:: 06-2004
Content Type:: Working Paper
Institution:: Centre for European Policy Studies (CEPS)
Abstract:: This working document focuses on the dynamics and scope of strategic culture–building in the context of the European Union's aspirations to develop a European security and defence policy (ESDP). It argues that the notion of strategic culture can be useful in assessing the context in which the ESDP will develop further as well as its performance in matters of conflict prevention, management and resolution. Nevertheless, in order to be conceptually and empirically useful, strategic culture needs to be disaggregated into collective norms about the means and ends of security policy, as well as its different carriers such as political elites, societies and armed forces. The paper examines the convergence thesis and suggests three theories to explain convergence informed by realist, constructivist and regional theories of political change. Yet the paper also argues that these forces can affect national strategic cultures differently, depending on the countries' geopolitical positions, the institutional stickiness of domestic ideas, values and norms, and the degree to which such norms are subject to partisan or societal contention. On this basis, the paper advances some hypotheses about the actual extension of the convergence process, which will need to be validated by further empirical study.
Topic:: Defense Policy, Economics, and International Trade and Finance
Political Geography:: Europe

2825. Economic Prospects for Kaliningrad: Between EU Enlargement and Russia's Integration into the World Economy

Author:: Evgeny Vinokurov
Publication Date:: 06-2004
Content Type:: Working Paper
Institution:: Centre for European Policy Studies (CEPS)
Abstract:: The Kaliningrad oblast of Russia is currently an important focal point of discussions between the European Union and Russia. Although small in terms of geography and population, Kaliningrad has grown in importance due to the EU enlargement process. Since the break–up of the Soviet Union, the oblast has become an exclave of Russia, and it is now set to also become an enclave within the EU. This paper examines the state of Kaliningrad's economy and trade. The economic crisis that took place in Russia in the 1990s had severe consequences for Kaliningrad, as old patterns of production and trade were disrupted. Since 1999, however, the regional economy has grown with impressive speed. Kaliningrad's Special Economic Zone (SEZ) status has played a crucial role in determining its new patterns of production and trade specialisation. The paper argues that the SEZ regime has made the region's economic growth faster but also vulnerable.
Topic:: Economics and International Trade and Finance
Political Geography:: Russia, Europe, and Asia

2826. Can Labour Market Institutions Explain Unemployment Rates in New EU Member States?

Author:: Sjef Ederveen and Laura Thissen
Publication Date:: 07-2004
Content Type:: Working Paper
Institution:: Centre for European Policy Studies (CEPS)
Abstract:: This study poses the question about whether labour market institutions can explain unemployment rates in the ten new European Union member states. In five out of the ten new member states, unemployment rates lie above the average in the 15 member states of the European Union (EU-15) that comprised the EU prior to May 2004. The study finds that labour market institutions in the acceding countries are less rigid than in the EU-15. Moreover, labour market institutions explain only a minor part of unemployment in the new EU member states. This does not mean that these countries have no labour market problems. Just as in the EU-15, a great deal of heterogeneity exists among the acceding countries. In some of them, labour market reforms could prove a key issue in improving employment performance. The main worry is the poor labour market performance in Poland and the Slovak Republic, where unemployment has risen to almost 20%. The main reasons for this growth are i) postponed restructuring in combination with tight monetary policy; ii) poor governance; and iii) an increasing labour force.
Topic:: Economics and Human Welfare
Political Geography:: Europe

2827. Business Cycle Synchronisation in the Enlarged EU: Co-Movements in the New and Old Members

Author:: Zsolt Darvas and Gyorgy Szapary
Publication Date:: 03-2004
Content Type:: Working Paper
Institution:: Centre for European Policy Studies (CEPS)
Abstract:: It is generally recognised that countries wanting to join a monetary union should display the optimal currency area properties. One such property is the similarity of business cycles. We therefore undertook to analyse the synchronisation of business cycles between the EMU-12 and the eight new EU members from Central and Eastern Europe (CEECs), for which the next step to be considered in the integration process is entry into the EMU. In contrast to the usually analysed GDP and industrial production data, we extend our analysis to the major expenditure and sectoral components of GDP and use several measures of synchronisation. The main findings of the paper are that Hungary, Poland and Slovenia have achieved a high degree of synchronisation with EMU for GDP, industrial production and exports, but not for consumption and services. The other CEECs have achieved less or no synchronisation. There has been a significant increase in the synchronisation of GDP and also its major components in the EMU members since the start of the run-up to EMU. While this lends support for the existence of OCA endogeneity, it cannot be unambiguously attributed to it because there is also evidence of a world business cycle. Another finding is that the consumption-correlation puzzle remains, but its magnitude has greatly diminished in the EMU members, which is good news for common monetary policy.
Topic:: Economics, International Cooperation, and International Trade and Finance
Political Geography:: Europe

2828. Searching for the Determinants of IT Investment: Panel Data Evidence on European Countries

Author:: Paolo Guerrieri, Cecilia Jona-Lasinio, and Stefano Manzocchi
Publication Date:: 01-2004
Content Type:: Working Paper
Institution:: Centre for European Policy Studies (CEPS)
Abstract:: The aim of this paper is to identify the degree of information technology (IT) adoption in individual European economies and to analyse the determinants of IT investment among a panel of EU countries. We first analyse the dynamics of IT investment expenditure in 15 European countries from 1992 until 2001 and, by means of a cluster analysis, we draw a picture of IT diffusion in Europe. By clustering the European countries according to their shares of IT spending over GDP, we identify three fairly stable groups of fast, medium and slow adopters. We then build an econometric equation of the determinants of IT investment to use with panel data in estimations for five European economies over the period of 1980 to 2001. We consider aggregate IT investment as well as separate investment in hardware or software. Financial conditions, income growth and comparative advantage turn out to affect IT investment, but we find that the determinants of hardware investment only partially overlap with those of software.
Topic:: Economics, International Trade and Finance, and Science and Technology
Political Geography:: Europe

2829. Syria Under Bashar (II): Domestic Policy Challenges

Publication Date:: 02-2004
Content Type:: Working Paper
Institution:: International Crisis Group
Abstract:: Bashar al-Assad's presidency has failed to live up to the hopes for far-reaching domestic reform that greeted it in 2000. After a brief opening, Syria clamped down on dissent, and economic change remains painfully slow. Many who once viewed Bashar as a potential partner, open-minded, and Western-oriented, now perceive him as, if anything, more ideological than and just as tied to the Baathist regime as his father. Both assessments are overly simplistic and poor guides to dealing with a Syria that is at a crossroads. Syrian officials hint at significant steps in mid-2004, including possible changes in the Baath Party hierarchy and doctrine and moves toward a more open and inclusive political system. Scepticism is in order, as such pledges have repeatedly been made in the past only to be ignored. But with reform now a strategic imperative, Syria should turn hints into reality and the international community should find ways to encourage and to assist it.
Topic:: Conflict Resolution, Development, Economics, and Politics
Political Geography:: Arabia and Syria

2830. Diaspora: the World Wide Web of Australians

Author:: Michael Fullilove and Chloë Flutter
Publication Date:: 11-2004
Content Type:: Working Paper
Institution:: Lowy Institute for International Policy
Abstract:: On any given day, there are approximately one million Australians outside Australia, perhaps three-quarters of whom live offshore on a permanent or long term basis. This latter group, the 'Australian diaspora', is large and, in the main, prosperous, well educated, well connected, and well disposed to this country. It is also very mobile: rather than turning their backs on Australia once and for all, expatriates these days are more likely to move back and forward between Australia and other countries as opportunities present.
Topic:: Foreign Policy, Demographics, and Economics
Political Geography:: Australia and Australia/Pacific

2831. India: the Next Economic Giant

Author:: Mark P Thirlwell
Publication Date:: 08-2004
Content Type:: Working Paper
Institution:: Lowy Institute for International Policy
Abstract:: The Indian economy is showing clear signs of realising its dormant potential. The impact of more than a decade of economic reforms, instigated by a 1991 balance of payments crisis, has now removed or at least mitigated some of the major economic distortions that have handicapped past economic performance. One important result has been a significant boost to the economy's overall potential growth rate. Another has been India's re-engagement with the global economy, which in turn has transformed the prospects of key sectors of the Indian economy. This transformation has been most visible in the case of information technology-related services exports, where India has already become an important global player. But there are also positive signs in the areas of merchandise trade and international capital flows. These trends will have important consequences for the international economy as a whole and for Australia in particular.
Topic:: Economics, Emerging Markets, and Globalization
Political Geography:: India, East Asia, Asia, and Australia

2832. North American Agriculture under NAFTA

Author:: Gary Clyde Hufbauer, Jeffrey J. Schott, and Yee Wong
Publication Date:: 12-2004
Content Type:: Working Paper
Institution:: Peterson Institute for International Economics
Abstract:: The NAFTA agreement on agricultural trade consists of three bilateral agreements—between the United States and Mexico, the United States and Cana da, and Canada and Mexico. The US-Canada agreement largely carried into NAFTA the tariff and nontariff barrier rules that had been adopted in the Canada-US Free Trade Agreement (CUSFTA). Under CUSFTA, most agriculture tariffs between the United States and Canada were to be phased out by January 1998, and this schedule was adopted by NAFTA for US-Canada agricultural trade. However, Canada was allowed to maintain permanent tariff-rate-quota (TRQ) restrictions on imports of dairy, poultry, and eggs; and the United States was allowed to maintain TRQs on imports of sugar, dairy products, and peanuts from Canada (see table 1). Although a tariff snapback provision remains in effect until 2008, it has rarely been used by Canada. Agricultural trade between Mexico and Canada was limited by virtually the same restrictions. As might be expected, some agriculture trade associations favored NAFTA and others opposed. Box 1 summarizes the lineup of important trade associations.
Topic:: Agriculture, Economics, and International Trade and Finance
Political Geography:: United States, Canada, North America, and Mexico

2833. NAFTA Dispute Settlement Systems

Author:: Gary Clyde Hufbauer, Jeffrey J. Schott, and Yee Wong
Publication Date:: 11-2004
Content Type:: Working Paper
Institution:: Peterson Institute for International Economics
Abstract:: Building on the 1989 Canada-US Free Trade Agreement (CUSFTA), the NAFTA contains dispute settlement provisions in six separate areas. NAFTA Chapter 11 is designed to resolve investor-state disputes over property rights; Chapter 14 creates special provisions for handling disputes in the financial sector via the Chapter 20 dispute settlement process (DSP); Chapter 19 establishes a review mechanism to determine whether final antidumping and countervailing duty decisions made in domestic tribunals are consistent with national laws; and Chapter 20 provides government-to-government consultation, at the ministerial level, to resolve high-level disputes. In addition, the NAFTA partners created interstate dispute mechanisms regarding domestic environmental and labor laws under the North American Agreement on Environmental Cooperation (NAAEC) and the North American Agreement on Labor Cooperation (NAALC), respectively. This chapter examines the first four dispute settlement systems; the NAAEC and NAALC systems are evaluated in the environment and labor chapters of this book.
Topic:: International Relations, Economics, and International Trade and Finance
Political Geography:: United States and Canada

2834. Toward a Free Trade Area of the Asia Pacific

Author:: C. Fred Bergsten
Publication Date:: 11-2004
Content Type:: Working Paper
Institution:: Peterson Institute for International Economics
Abstract:: The APEC Business Advisory Council (ABAC) has proposed that the APEC Leaders at Santiago on November 20-21 “agree to further examine the feasibility and potential scope and features of a Free Trade Area of the Asia Pacific (FTAAP).” President Ricardo Lagos of Chile, the host of the APEC summit, has endorsed the concept. I believe that APEC should actively pursue the FTAAP idea. It offers the best prospects of any available strategy for catalyzing a successful outcome of the Doha Round and thus revitalizing the World Trade Organization (WTO). By forging a new transpacific initiative, it can counter the very real risk of disintegration of the Asia-Pacific region that is evident in the progress of Asia-only cooperation on one side of the ocean and a Free Trade Area of the Americas on the other side. It is the best possible device to reenergize APEC's progress toward its own signature trade liberalization goals and thus those of APEC as an institution. It offers a unique win-win-win opportunity that should be seized, beginning at Santiago and then at Pusan a year from now.
Topic:: Economics, International Trade and Finance, Politics, and World Trade Organization
Political Geography:: America and Asia

2835. Doubling the Global Work Force: The Challenge of Integrating China, India, and the Former Soviet Bloc into the World Economy

Author:: Richard B. Freeman
Publication Date:: 11-2004
Content Type:: Working Paper
Institution:: Peterson Institute for International Economics
Abstract:: In 1985, the global economic world (N. America, S. America, Western Europe, Japan, Asian Tigers, Africa) consisted of 2.5 billion people. In 2000 as a result of the collapse of communism, India's turn from autarky, China's shift to market capitalism, global economy encompassed 6 billion people. Had China, India, and the former Soviet empire stayed outside, global economy would have had 3.3 billion.
Topic:: International Relations, Economics, and Government
Political Geography:: Africa, Japan, China, America, India, Asia, and Western Europe

2836. WTO, E-commerce, and Information Technologies: From the Uruguay Round through the Doha Development Agenda

Author:: Sacha Wunsch-Vincent
Publication Date:: 11-2004
Content Type:: Working Paper
Institution:: Peterson Institute for International Economics
Abstract:: Although much of the early Internet hype has faded, e-commerce continues to grow and spread around the world. In recent years, the potential and importance of e-commerce to the economies and industries of the developing world has become particularly evident. Yet as e-commerce develops into a global phenomenon, the need for rules and principles facilitating e-commerce has become increasingly evident, too.
Topic:: Development, Economics, International Trade and Finance, and Science and Technology
Political Geography:: Uruguay

2837. A Short History of the Washington Consensus

Author:: John Williamson
Publication Date:: 09-2004
Content Type:: Working Paper
Institution:: Peterson Institute for International Economics
Abstract:: The term “Washington Consensus” was coined in 1989. The first written usage was in my background paper for a conference that the Institute for International Economics convened in order to examine the extent to which the old ideas of development economics that had governed Latin American economic policy since the 1950s were being swept aside by the set of ideas that had long been accepted as appropriate within the OECD. In order to try and ensure that the background papers for that conference dealt with a common set of issues, I made a list of ten policies that I thought more or less everyone in Washington would agree were needed more or less everywhere in Latin America, and labeled this the “Washington Consensus.” Little did it occur to me that fifteen years later I would be asked to write about the history of a term that had become the center of fierce ideological controversy.
Topic:: International Relations, Debt, Economics, and Politics
Political Geography:: Washington and Latin America

2838. What Went Right in Japan

Author:: Adam S. Posen
Publication Date:: 09-2004
Content Type:: Working Paper
Institution:: Peterson Institute for International Economics
Abstract:: Japan's recovery is strong. Real GDP growth will exceed 4 percent this year and likely be 3 percent or higher in 2005 and perhaps even 2006. The Japanese economy has been growing solidly for the last five quarters (average real 3.2 percent annualized rate), and the pace is sustainable, given Japan's underlying potential growth rate (which has risen to 2 to 2.5 percent per year) and the combination of catch-up growth closing the current output gap and some reforms that will raise the growth rate for quarters to come (though not permanently). Indicators of domestic demand beyond capital investment are increasingly positive, including housing starts bottoming out, inventories drawing down, and diminished deflation. Moreover, on the external side, while China was the main source of export growth in 2003, the composition of exports has become more balanced this year and is widening beyond that seen in other recoveries. Just as in the United States and other developed economies, a sharp slowdown in Chinese growth and a sustained further increase in energy prices represent the primary risks to the outlook.
Topic:: Development and Economics
Political Geography:: United States, Japan, China, Israel, East Asia, and Asia

2839. Selective Intervention and Growth: The Case of Korea

Author:: Marcus Noland
Publication Date:: 08-2004
Content Type:: Working Paper
Institution:: Peterson Institute for International Economics
Abstract:: This paper attempts to determine whether conditions amenable to successful selective interventions to capture cross-industry externalities are likely to be fulfilled in practice. Three criteria are proposed for good candidates for industrial promotion: that they have strong interindustry links to the rest of the economy, that they lead the rest of the economy in a causal sense, and that they be characterized by a high s hare of industry-specific innovations in output growth. According to these criteria, likely candidates for successful intervention are identified in the Korean data. It is found that, with one exception, none of the sectors promoted by the heavy and chemical industry (HCI) policy fulfills all three criteria.
Topic:: Development and Economics
Political Geography:: Israel, East Asia, and Korea

2840. Popular Attitudes, Globalization, and Risk

Author:: Marcus Noland
Publication Date:: 07-2004
Content Type:: Working Paper
Institution:: Peterson Institute for International Economics
Abstract:: Popular opposition to globalization may be interpreted as xenophobia or hostility to market economics and signal country risk, including the degree of security risk—the possibility that local staff or facilities could be subject to discriminatory treatment, harassment, or attack. This paper integrates the Pew Global Attitudes data into a series of economic models on foreign direct investment (FDI), sovereign ratings, and local entrepreneurship and finds that some responses correlate with economic variables of interest, conveying information beyond what can be explained through standard models. More tolerant countries attract more FDI, obtain better ratings, and exhibit more entrepreneurship.
Topic:: Economics, Globalization, Politics, and Foreign Direct Investment

2841. Adjusting China's Exchange Rate Policies

Author:: Morris Goldstein
Publication Date:: 06-2004
Content Type:: Working Paper
Institution:: Peterson Institute for International Economics
Abstract:: During the past year, there has been considerable debate about, and much international criticism of, China's exchange rate and its currency regime. Yes, criticism of China in the United States would likely be more muted if the ongoing recovery were not so “jobless,” if employment in the US manufacturing sector had not (mainly for other reasons) declined so much in the three-year run-up to this presidential elect ion year, if so much attention were not focused on the very large bilateral US trade deficit with China instead of China's economically—more meaningful overall balance-of-payments position, and if the United States had not done such a poor job of improving its saving-investment imbalance—particularly in the public sector.
Topic:: Economics and International Trade and Finance
Political Geography:: United States, China, and Asia

2842. Islam, Globalization, and Economic Performance in the Middle East

Author:: Marcus Noland and Howard Pack
Publication Date:: 06-2004
Content Type:: Working Paper
Institution:: Peterson Institute for International Economics
Abstract:: The Middle East is a demographic time bomb. According to the United Nations Development Program's (UNDP) Arab Human Development Report 2002, the population of the Arab region is expected to increase by around 25 percent between 2000 and 2010 and by 50 to 60 percent by 2020— or by perhaps 150 million people, a figure equivalent to more than two Egypts. Even under the UNDP's more conservative scenario, Bahrain, Kuwait, Qatar, and the United Arab Emirates will be the only Arab countries in 2020 with median ages above 30.
Topic:: Demographics, Economics, Globalization, Islam, and Religion
Political Geography:: Middle East, Kuwait, Egypt, Bahrain, Qatar, and United Arab Emirates

2843. The US Current Account, New Economy Services, and Implications for Sustainability

Author:: Catherine L. Mann
Publication Date:: 01-2004
Content Type:: Working Paper
Institution:: Peterson Institute for International Economics
Abstract:: This essay considers the implications for sustainability of the US current account of widespread uptake of new economy services around the world. The main contribution of this paper is to estimate new income elasticities for US exports and imports of services that have become increasingly internationally tradable on account of the networked information technologies characteristic of the new economy. These elasticity estimates are then incorporated into a simple model of the US current account. Assumptions on the increase in global growth coming from widespread uptake of new economy services around the world are taken from other sources. The new estimates of income elasticities and the assumptions on global growth yield a trajectory for the US current account deficit that is compared to a base case without increased integration of new economy services in international trade and around the world. The paper concludes that although new economy services reduce the asymmetry in estimated income elasticities and contribute to raising global growth, reasonable estimates of these two structural improvements are not sufficient to stabilize the US current account deficit, in part because the share of new economy services in trade is still small.
Topic:: Economics, International Trade and Finance, and Political Economy
Political Geography:: United States

2844. Supporting the High-Technology Entrepreneur: Support Network Geographies for Semiconductor, Telecommunications Equipment, and Biotechnology Start-Ups

Author:: Martin Kenney and Donald Patton
Publication Date:: 04-2004
Content Type:: Working Paper
Institution:: Berkeley Roundtable on the International Economy
Abstract:: Using a unique database derived from U.S. initial public stock offering prospecti, the authors examine the location of four actors (the firm's lawyers, the venture capitalists on the board of directors, the other members of the board of directors, and the lead investment banker) of the entrepreneurial support network for start-up firms in three high-technology industries: semiconductors, telecommunications equipment, and biotechnology. We demonstrate that the economic geography of the biotechnology support network differs significantly from the networks in semiconductors and telecommunications equipment. Our results suggest that generalization about the economic geography of high-technology industries drawn from a single industry study can be misleading. We find that biotechnology has a far more dispersed network structure than the two electronics-related industries. We suggest that the case of biotechnology suggests that if the source of seeds for new firms is highly dispersed, then an industry may not experience the path dependent clustering suggested by geographers and economists. Also, we argue that contrary to common belief biotechnology and its support network does not exhibit as great clustering as does either semiconductors or telecommunications equipment. Suggesting that for economic development planners, it may be easy to encourage biotechnology start-ups, but the synergies from the industry may not be as powerful as in other high-technology fields.
Topic:: Economics, Industrial Policy, and Science and Technology
Political Geography:: United States

2845. Building Venture Capital Industries: Understanding the U.S. and Israeli Experience

Author:: Martin Kenney, Gil Avnimelech, and Morris Teubal
Publication Date:: 03-2004
Content Type:: Working Paper
Institution:: Berkeley Roundtable on the International Economy
Abstract:: During the growth phase of every venture capita (VC) business cycle, it seems as though both local and national governments in various countries initiate policies aimed at establishing VC industries as part of a high-technology economic development strategy. It is remarkable how each time there seems to be a proliferation of ill-advised policies that are usually reminiscent of the ones tried during the previous phase. Not surprisingly, in a distressingly large number of cases, the “new” policies to foster VC meet with minimal success or fail outright. While the causes of failure are undoubtedly multiple, there is ample room for believing that often the policies were based on a simplistic or incomplete understanding of the roots and dynamics that have led to the development of self-sustaining national VC industries. This paper uses historically informed case studies of Israel and the U.S. to develop an appreciative model of how the VC industries in these two nations came into being. Our model and understanding of this process is deliberately evolutionary and systemic. We believe that this perspective is the only one capable of providing both scholars and policy-makers with a grounded understanding of the emergence and development of the VC industries in these two nations.
Topic:: Economics, Government, Industrial Policy, and Science and Technology
Political Geography:: United States and Israel

2846. How Revolutionary is the Revolution: Will there be a “Political Economy” of the Digital Era?

Author:: John Zysman and Abe Newman
Publication Date:: 03-2004
Content Type:: Working Paper
Institution:: Berkeley Roundtable on the International Economy
Abstract:: The purpose of this paper is to consider whether there is a political economy of a digital era. Our concern is how the digital revolution influences the role of the State in society and the economy and the politics that surround it? In the spring of 2000 in the midst of the stock boom we would have as ked: “Is the extraordinary expansion of computing intelligence, the pervasive spread of digital networks, and the recent arrival of the commercial Internet, the edge of an historical revolution, a transformation?” Data networks had existed for decades and Business to Business commerce (B2B) had been conducted over these networks for years. But the sudden interconnection of disparate networks into a single “cyber world”, and broad consumer participation in those networks through vehicles such as AOL seemed to augur a new era. The pace at which individuals, not just firms, were being connected to the Internet in the United States was explosive. Businesses were reorganizing and extending intern al activities to capture the possibilities of the network of networks. Together the Internet's rapid build out encouraged the fantasy that the new information network technologies could, in themselves, transform the terms of competition and restructure a broad range of the economy. By the summer of 2003, the conventional question had become different: “Was this the revolution that never happened, the dreams evaporating with stock values, first during the dot com collapse and then in the telecoms debacle?” Did the digital revolution have more in common with tulip speculation, a pure ephemera, than the railroad expansion and transportation revolution that created and destroyed individual fortunes. Of course, the industrial revolution di d not end with the first textile company failures, nor does the digital revolution end with the dot com collapse.
Topic:: Economics, International Trade and Finance, Political Economy, and Science and Technology
Political Geography:: United States

2847. Post-Communist Competition and State Development

Author:: Anna Grzymala-Busse
Publication Date:: 12-2004
Content Type:: Working Paper
Institution:: Minda de Gunzburg Center for European Studies, Harvard University
Abstract:: Theories of institutional development have tended to view discretion, or the leeway to act within institutional bounds, as an often unintended consequence of agency design and institutional specification. Yet the post-communist states show that discretion is a fundamental goal of institutional creation among competing elites. In turn, while political competition has been identified as a key constraint on discretion in institutional creation, widely-used indicators of political competition are inadequate. As post-communist democracies show, the number or seat share of political parties matters far less than what parties do in parliament. The key factor is a robust opposition: a clear, credible, and contentious threat to governing parties. Such opposition leads to the rise of formal institutions that both minimize the discretion necessary for rent-seeking, and favor equitable distributional outcomes.
Topic:: Economics and Government
Political Geography:: Europe

2848. The Language of Democracy: Vernacular Or Esperanto? A Comparison between the Multiculturalist and Cosmopolitan Perspectives

Author:: Daniele Archibugi
Publication Date:: 12-2004
Content Type:: Working Paper
Institution:: Minda de Gunzburg Center for European Studies, Harvard University
Abstract:: Will Kymlicka has argued “democratic politics is politics in the vernacular.” Does it imply that democratic politics is impossible in a multilingual community, whether at the local, national, regional or global level? This paper discusses this assumption and maintains that democratic politics should imply the willingness of all players to make an effort to understand each other. Democratic politics imply the willingness to overcome the barriers to mutual understanding, including the linguistic ones. Any time that there is a community of fate, a democrat should search for methods that allow deliberation according to the two key conditions of political equality and participation. If linguistic diversity is an obstacle to equality and participation, some methods should be found to overcome it, as exemplified by the Esperanto metaphor. The paper illustrates the argument with four cases of multi-linguistic political communities: a) a school in California with English-speaking and Spanish-speaking students; b) the city of Byelostok in the second half of the nineteenth century, where four different linguistic communities (Polish, Russian, German and Yiddish) coexisted. This led Markus Zamenhof to invent Esperanto; c) the linguistic problems of the Indian state, and the role played by English – a language unspoken by the majority of the Indian population in 1947 – in developing Indian democracy; and d) the case of the European Parliament, with twenty languages and a wealth of interpreters and translators.
Topic:: Democratization, Economics, and Politics
Political Geography:: Russia, Europe, India, California, and Germany

2849. All for All: Equality and Social Trust

Author:: Bo Rothstein and Eric M. Uslaner
Publication Date:: 12-2004
Content Type:: Working Paper
Institution:: Minda de Gunzburg Center for European Studies, Harvard University
Abstract:: The importance of social trust has become widely accepted in the social sciences. A number of explanations have been put forward for the stark variation in social trust among countries. Among these, participation in voluntary associations received most attention. Yet, there is scant evidence that participation can lead to trust. In this paper, we shall examine a variable that has not gotten the attention we think it deserves in the discussion about the sources of generalized trust, namely equality. We conceptualize equality in two dimensions: one is economic equality and the other is equality of opportunity. The omission of both these dimensions of equality in the social capital literature is peculiar for several reasons. One is that it is obvious that the countries that score highest on social trust also rank highest on economic equality, namely the Nordic countries, the Netherlands, and Canada. Secondly, these are countries that have put a lot of effort in creating equality of opportunity, not least in regard to their policies for public education, labor market opportunities and (more recently) gender equality. The argument for increasing social trust by reducing inequality has largely been ignored in the policy debates about social trust. Social capital research has to a large extent been used by several governments and policy organizations to send a message to people that the bad things in their society are caused by too little volunteering. The policy implication that follows from our research is that the low levels of trust and social capital that plague many countries are caused by too little government action to reduce inequality. However, many countries plagued by low levels of social trust and social capital may be stuck in what is known as a social trap. The logic of such a situation is the following. Social trust will not increase because massive social inequality prevails, but the public policies that could remedy this situation cannot be established precisely because there is a genuine lack of trust. This lack of trust concerns both “other people” and the government institutions that are needed to implement universal policies.
Topic:: Civil Society, Economics, and Gender Issues
Political Geography:: Europe, Canada, and Netherlands

2850. Capital, Labor, and the Prospects of the European Social Model in the East

Author:: Dorothee Bohle and Bela Greskovitz
Publication Date:: 05-2004
Content Type:: Working Paper
Institution:: Minda de Gunzburg Center for European Studies, Harvard University
Abstract:: During the past decade of European economic integration vastly worse standards have emerged in work conditions, industrial relations, and social welfare in Eastern Europe than in the West. Area scholars explain this divide by labor weakness caused by the ideological legacy of communism, and do not problematize the impact of transnational capital. In contrast, this essay argues that the reason why the European social model has not traveled to the East is that its socio-economic foundations, the industrial building blocks of the historical compromise between capital and labor, have not traveled either. In the West, the compromise had been rooted in capital-intensive consumer durables industries, such as car-manufacturing, and their suppliers. These sectors brought together organized and vocal labor with businesses willing to accommodate workers' demands, because for them labor had been less a problem as a cost-factor and more important as factor of demand. However, the main driving force of the eastward expansion of European capital has been the relocation of labor-intensive activities where business relies on sweating masses of workers, whose importance as consumers is marginal, and who are weak in the workplace and the marketplace. With this general conceptualization of how the emerging new European division of labor constrains the social aspects of East European market societies as a background, the essay studies the cases of Hungarian electronics and Slovak car industries in order to better understand how particular features of various leading sectors mediate the general pattern.
Topic:: Economics, Government, and Human Welfare
Political Geography:: Europe and Eastern Europe

2851. Lessons for Post-Communist Europe from the Iberian Integration into the EU after Sixteen Years

Author:: Sebastian Royo
Publication Date:: 05-2004
Content Type:: Working Paper
Institution:: Minda de Gunzburg Center for European Studies, Harvard University
Abstract:: The purpose of this paper is to outline the main consequences for Portugal and Spain of EU integration. It uses the integration of Portugal and Spain into the European Union as an opportunity to draw some lessons that may be applicable to East European countries as they pursue their own processes of integration into the European Union. It examines challenges and opportunities that new member states from central and Eastern Europe will face when trying to integrate in the EU. Finally, the paper analyzes the impact the 2004 enlargement will have on the Iberian countries.
Topic:: Economics and Government
Political Geography:: Europe and Spain

2852. Why European Citizens Will Reject the EU Constitution

Author:: Claes H. de Vreese
Publication Date:: 05-2004
Content Type:: Working Paper
Institution:: Minda de Gunzburg Center for European Studies, Harvard University
Abstract:: This study tests competing hypotheses about popular support for European integration. It introduces anti-immigration sentiments as a key variable for understanding reluctance towards integration. Drawing on survey data, it is found that anti-immigration sentiments, economic considerations, and the evaluation of domestic governments are the strongest predictors of both support for integration and individuals' propensity to vote “Yes” in a referendum on the enlargement of the EU. When extrapolating the findings to future referendums on issues of European integration, it may be predicted that such referendums will result in a “No” outcome under the conditions of high levels of anti-immigration sentiments, pessimistic economic outlooks, and/or unpopularity of a government.
Topic:: International Relations, Economics, Government, and Politics
Political Geography:: Europe

2853. The EMU Macroeconomic Policy Regime and the European Social Model

Author:: Andrew Martin
Publication Date:: 07-2004
Content Type:: Working Paper
Institution:: Minda de Gunzburg Center for European Studies, Harvard University
Abstract:: This paper will be a chapter in Euros and Europeans: Monetary Integration and the European Social Model, Andrew Martin and George Ross, eds., Cambridge University Press, 2004. Over time, the impact of EMU on the European social model (ESM) is likely to depend most fundamentally on its effects on unemployment. If EMU makes possible a significant reduction in unemployment, it poses no threat to the ESM. However, EMU is likely to keep unemployment at high levels. This expectation hinges on two propositions: 1) in order to bring unemployment back down after an extended period of disinflation has kept growth below its potential and unemployment high, a period of economic growth above its long-run potential – a growth spurt – is necessary, and 2), the EMU macroeconomic policy regime, as interpreted and implemented by the ECB, blocks such a growth spurt. The first part of the paper describes the policy regime, arguing that the ECB's implementation of it so far and the bank's rationale for doing so indicate an unwillingness to permit the growth spurt needed to significantly reduce unemployment. Its rationale invokes the orthodox view that monetary policy has no long run effects on growth and employment. This view is challenged by an alternative view, described in the second part. The alternative rests mainly on an empirical analysis of cases in which disinflation was and was not followed by growth spurts during the 1980s and 1990s. Showing that in the long run unemployment was lower without higher inflation where monetary policy permitted growth spurts than where it did not, this analysis suggests that the ECB's orthodoxy is fundamentally flawed and that adherence to it will perpetuate Europe's high unemployment.
Topic:: Economics, Human Welfare, and Politics
Political Geography:: Europe

2854. Learning and Change in Twentieth-Century British Economic Policy

Author:: Michael J. Oliver and Hugh Pemberton
Publication Date:: 05-2004
Content Type:: Working Paper
Institution:: Minda de Gunzburg Center for European Studies, Harvard University
Abstract:: Despite considerable interest in the means by which policy learning occurs, and in how it is that the framework of policy may be subject to radical change, the “black box” of economic policymaking remains surprisingly murky. This article utilizes Peter Hall's concept of “social learning” to develop a more sophisticated model of policy learning; one in which paradigm failure does not necessarily lead to wholesale paradigm replacement, and in which an administrative battle of ideas may be just as important a determinant of paradigm change as a political struggle. It then applies this model in a survey of UK economic policymaking since the 1930s: examining the shift to “Keynesianism” during the 1930s and 1940s; the substantial revision of this framework in the 1960s; the collapse of the “Keynesian-plus” framework in the 1970s; and the major revisions to the new “neo-liberal” policy framework in the 1980s and 1990s.
Topic:: Economics, Industrial Policy, and International Trade and Finance
Political Geography:: United Kingdom and Europe

2855. How Can International Organizations Shape National Welfare States? Evidence from Compliance with EU Directives

Author:: Katerina Linos
Publication Date:: 01-2004
Content Type:: Working Paper
Institution:: Minda de Gunzburg Center for European Studies, Harvard University
Abstract:: How can international organizations shape national welfare states? The answer depends on why national governments comply with international organization mandates. International relations scholarship offers two competing compliance models. Enforcement theories emphasize states' utilitarian calculus and predict that states' policy preferences determine implementation, while managerial theories attribute non-compliance to states' capability limitations and emphasize institutional variables. This paper examines the implementation of EU social policy directives through a new quantitative dataset and qualitative case studies of implementation in Greece and Spain. Three proxies for national social policy preferences – low labor costs, high unemployment and early national social legislation – predict implementation delays. At the same time, factors unrelated to national preferences on particular directives have at least as large an impact on timely implementation. Thus, a national bureaucracy's capacity and the absence of veto players reduce implementation delays. These findings suggest that capabilities influence compliance at least as much as preferences, but through mechanisms different from the ones emphasized in existing work. Although international organizations may not be especially successful in overcoming past policy legacies in favor of future commitments, they can reorient the axes of contestation from left-right to supra-sub national and thus shape national policies.
Topic:: Economics, Globalization, and International Organization
Political Geography:: Europe

2856. The carter center financing democracy in guatemala. Final Report: Financing Democracy in Guatemala

Publication Date:: 05-2004
Content Type:: Working Paper
Institution:: The Carter Center
Abstract:: In recent years discussions about the quality of democracy in the Western Hemisphere have focused increasing concern on the financing of political parties and their campaigns. Unlimited spending on campaigns is believed (correctly or not) to have raised the cost of elections to the point where poor candidates stand little chance of competing and the prospect of creating a level playing field for parties and their candidates has become decidedly remote. Undisclosed contributions of licit or illicit origin by wealthy donors have meanwhile intensified the dependence of elected officials on their campaign funders, increasing the likelihood that politicians respond to donor interests and hindering effective representation for the ordinary citizen in the making of public policy. In tandem, these trends are contributing to public cynicism about parties and candidates, and about the possibilities for meaningful citizen participation in politics.
Topic:: Democratization, Economics, and Politics
Political Geography:: Latin America and Central America

2857. Financing Democracy in the Americas

Publication Date:: 05-2004
Content Type:: Working Paper
Institution:: The Carter Center
Abstract:: Citizens throughout the hemisphere increasingly question the integrity of political processes with opaque methods of financing and access. After a quarter-century of democratic governance, money-conscious voters in Latin America's troubled economies have begun to ask whether elections really allow them to hold governments accountable for enacting promised reform s or whether instead politicians respond primarily to the special interest groups who fund their campaigns. Democracy remains a valued good, but questions are being asked about how much it costs, who pays, and whether the need to raise funds distorts policy agendas.
Topic:: Democratization, Economics, and Politics
Political Geography:: Latin America and Central America

2858. The Inefficient Use of Power: Costly Conflict with Complete Information

Author:: Robert Powell
Publication Date:: 02-2004
Content Type:: Working Paper
Institution:: Center for International Studies, University of Southern California
Abstract:: Recent work across a wide range of issues in political economy as well as in American, comparative, and international politics tries to explain the inefficient use of power — revolutions, civil wars, high levels of public debt, international conflict, and costly policy insulation — in terms of commitment problems. This paper shows that a common mechanism is at work in a number of these diverse studies. This common mechanism provides a more general formulation of a type of commitment problem that can arise in many different substantive settings. The present analysis then formalizes this mechanism as an “inefficiency condition” which ensures that all of the equilibria of a stochastic game are inefficient. This condition has a natural substantive interpretation: Large, rapid changes in the actors' relative power (measured in terms of their minmax payoffs) may cause inefficiency.
Topic:: Foreign Policy, Economics, Government, and Politics
Political Geography:: America

2859. The Meaning of Monetary Power

Author:: Benjamin J. Cohen
Publication Date:: 02-2004
Content Type:: Working Paper
Institution:: Center for International Studies, University of Southern California
Abstract:: What is the meaning of monetary power? No one doubts that money is inherently political, an integral part of global “high politics.” Yet remarkably few scholars of international relations have attempted to explore the notion of monetary power in formal analytical terms. As Jonathan Kirshner has accurately noted, the topic is “a neglected area of study” (1995:3).
Topic:: International Relations, Economics, Government, and International Trade and Finance

2860. Office of Energy Efficiency and Renewable Energy: Reorganizing for Results

Publication Date:: 09-2004
Content Type:: Working Paper
Institution:: The National Academy of Public Administration
Abstract:: Of the Department of Energy's $23 billion budget, the $1.3 billion allocated to the Office of Energy Efficiency and Renewable Energy (EERE) offers important opportunities to assist in resolving one of the major issues facing the Nation today—the need for sources of clean, reliable, efficient, secure and affordable energy. EERE's programs—which include advanced hydrogen fuel concepts, renewable power technologies, transportation and building technologies—are aimed at improving this country's efficient use of energy, increasing the diversity of energy sources on which we rely, and making us less dependent on foreign energy sources. The management of this small office should be of major interest to leaders of both government and industry as EERE leadership tries to ensure that every dollar is used most effectively in the pursuit of its mission to strengthen America's energy security. This was the goal of Assistant Secretary David Garman as he launched a comprehensive reorganization of EERE on July 1, 2002.
Topic:: Economics, Energy Policy, Science and Technology, and Reform
Political Geography:: America and Germany

2861. Pension Reform in Bolivia: A Review of Approach and Experience

Author:: Federico Escobar and Osvaldo Nina
Publication Date:: 06-2004
Content Type:: Working Paper
Institution:: Institute for Advanced Development Studies (INESAD)
Abstract:: The Bolivian pension reform eliminated the old publicly managed pay-as-you-go system and introduced a fully-funded system. The pension reform was highly influenced by the Chilean reform, adopting a second pension component pillar, based on contributions to individual accounts in pension funds, which are managed by decentralized pension-fund management companies and regulated and supervised by the government. Moreover, the new system has followed the substitutive model, where all contributors to the old system, with no exceptions, were automatically transferred to the new one, while those already retired under the old system continued to receive their pensions from the government. The unique feature of the Bolivian pension reform program was its link to the Capitalization. Under this process the six principal state-owned enterprises were capitalized by foreign companies, and the Bolivian government retained 50% of the shares in the capitalized companies. These shares went into a Collective Capitalization Fund, which is managed by the new pension funds, and the dividends are used to finance the BONOSOL program, which is a universal old age income support to all Bolivians 65 and older.
Topic:: Economics, Reform, Public Policy, and Pension
Political Geography:: South America and Bolivia

2862. South Korea, a new model for the new economy?

Author:: Christian Milelli
Publication Date:: 09-2003
Content Type:: Working Paper
Institution:: Centre d'Etudes et de Recherches Internationales
Abstract:: The "new economy" in South Korea rhymes with the Internet. In 2003, the "land of morning calm" has actually become the most connected country in the world. The present study tackles this phenomenon from a number of angles. The Internet is not only considered as a physical network but a lever of transformation of the country's economic and social life. Although the role of the state has been decisive and remains focal, it is not enough to explain the extreme rapidity with which the new electronic medium spread, which is due to a broad range of causes. The Korean experience differs from former ones in that it extends well beyond the market sphere (ecommerce) to areas such as education, volunteer associations and even politics. The emergence of a national dimension constitutes another characteristic that at first seems paradoxical, since the Internet is so universal in scope. Yet observation of the evolution of Internet traffic on the national level confirms this trend. South Korea is far from an exceptional case in Asia, but the country has taken the lead over its neighbors, becoming a new "model." Beyond these singular features, the Korean experience in the use of the Internet again demonstrates that a global "information revolution" – in other words, a process that is quickly reshaping the material bases of an entire society – is underway.
Topic:: Development, Economics, and Emerging Markets
Political Geography:: Asia and South Korea

2863. CERI: Barter and Inter-business Transactions in Russia: Trade Normalization in View after the Ruble Crisis of 1998?

Author:: Caroline Dufy
Publication Date:: 09-2003
Content Type:: Working Paper
Institution:: Centre d'Etudes et de Recherches Internationales
Abstract:: Barter was a prominent issue in public debate during the 1990s in Russia: it prompted a more overall reflection on the nature of the Russian economy and the aim pursued by economic reforms. These major issues shaped a number of divisions: the government opposition portrayed barter as one of the pernicious effects of economic policies that gave priority to finance to the detriment of the national productive sphere. For others, it was to be interpreted as the legacy of the Soviet industrial sector and its lack of competitiveness.
Topic:: Development, Economics, and International Trade and Finance
Political Geography:: Russia, Europe, and Asia

2864. CERI: Le voleur et la matrice: Les enjeux du "cybernationalisme" et du "hacktivisme"

Author:: Laurent Gayer
Publication Date:: 05-2003
Content Type:: Working Paper
Institution:: Centre d'Etudes et de Recherches Internationales
Abstract:: Cyberspace, of which the Internet is a major but not the exclusive component, is more than an informational or an economic network: it is also a political space, which deserves to be analysed as such, through the collective mobilisations, the imaginary and the surveillance practices that it conveys. Rather than looking at the internet's world politics, this paper focuses on transnational political solidarities that are now emerging on and through the Internet. This differentiation suggests that the Internet is both the vector of social struggles focused on the "real" world, and the cradle of new identifications and new modes of protest that remain and will remain primarily virtual. Activists operating through transnational "advocacy networks" may use the Internet to receive or spread information, but their use of the Information Technologies (IT) remains purely instrumental and does not imply any paradigmatic shift in the tactical uses of the media by protest groups. "Hacktivism" and "cybernationalism" appear far more promising, as far as the invention of new repertoires of collective action is concerned. "Hacktivism", which refers to the use of hacking techniques for political ends, emerged during the 1990s, at the crossroads between activism, play and art. The emergence of "hacktivism" was made possible by the meeting of two social actors that epitomize our late modernity: new social movements and the "digital underground". "Cybernationalism", for its part, was given shape in the last decade by ethnic entrepreneurs who rely on the IT to challenge the political authorities of their home states and to materialise, through words and images, the communities they are (re)inventing beyond borders.
Topic:: Development, Economics, Politics, and Science and Technology

2865. Drifting Apart or Growing Together?

Author:: Joseph P. Quinlan
Publication Date:: 03-2003
Content Type:: Working Paper
Institution:: Center for Transatlantic Relations
Abstract:: One of the defining features of the global economic landscape over the past decade has been the increasing integration and cohesion of the transatlantic economy. Globalization is happening faster and reaching deeper between Europe and America than between any other two continents. The data in this study suggest that the past decade was not primarily about U.S. companies spreading their operations to the four corners of the globe. Rather, it was a time when the transatlantic economy became even more intertwined and interdependent. Failing to understand this dynamic can lead to serious errors of policy and cause significant damage to U.S. and European interests.
Topic:: Economics, Globalization, and Political Economy
Political Geography:: United States, America, and Europe

2866. Chechen Militia Threaten Increased Terrorism

Author:: Tamara Makarenko
Publication Date:: 05-2003
Content Type:: Working Paper
Institution:: Centre for the Study of Terrorism and Political Violence, St. Andrews University, Scotland
Abstract:: Chechen resistance movements have reorganised to adjust to the post 11 September 2001 security environment, and appear to be adopting more lethal terrorist tactics. Tamara Makarenko reports.
Topic:: Security, Economics, and Terrorism
Political Geography:: Russia, Europe, Asia, and Moscow

2867. Legal Integration in North America: Domestic and Multilateral Comparisons

Author:: Imtiaz Hussain
Publication Date:: 03-2003
Content Type:: Working Paper
Institution:: Centro de Investigación y Docencia Económicas
Abstract:: With so much attention riveted upon economic integration today, another form of integration, having to do with the laws, constitutional provisions, and judicial arrangements countries abide by, has received considerably less attention. To partly redress that imbalance, a case study of legal integration in North America is undertaken. Building upon the specific dispute settlement arrangements of chapters 19 and 20 of the North American Free Trade Agreement, two comparative studies are pursued—the first between the legal practices, constitutional requirements, and judicial contexts in Canada, Mexico, and the United States; the other between NAFTA, GATT, and the World Trade Organization provisions. Two broad findings undergird legal integration in North America: The recognition of the need a) for at least three forms of reciprocal relationships: between economic and legal forms of integration; regional procedures and their domestic counterparts; and regional procedures and their multilateral counterparts; and b) to keep the state an active participant in supranational efforts by leaving a veto power over such developments or the exit option with the state, and thereby accomodating domestic interests and cross-national divergences as widely as possible.
Topic:: Economics, International Trade and Finance, and Politics
Political Geography:: North America

2868. Mexico and the WTO: A Regional Player in Multilateral Trade Negotiations

Author:: Antonio Ortiz Mena
Publication Date:: 03-2003
Content Type:: Working Paper
Institution:: Centro de Investigación y Docencia Económicas
Abstract:: This working paper assesses the impact of the Uruguay Round Agreements of multilateral trade negotiation (MTN) on Mexico and determines the priorities of business and government for an upcoming round of MTN. It draws on secondary sources as well as interviews with business organizations representing Mexico' most important export industries and import-competing sectors. It proceeds as follows: the first section gives an overview of trade polity reforms since 1982; section two covers Mexico's regional trade agreements with special emphasis on the North American Free Trade Agreement; the third section provides and outline of Mexico's current trade policies; the fourth section consists of an assessment of the costs and benefits of Mexico's current World Trade Organization commitments' the fifth sections sets out the views of government and business on a new round of MTN; and the sixth section concludes.
Topic:: Security, Economics, and International Trade and Finance
Political Geography:: North America and Mexico

2869. The Institutional Structure of Financial and Monetary Integration the Americas

Author:: Antonio Ortiz Mena and Susan Minushkin
Publication Date:: 03-2003
Content Type:: Working Paper
Institution:: Centro de Investigación y Docencia Económicas
Abstract:: Globalization, understood as "an open market place free of institutional or locational constraints" (Weiss) seems to have taken hold of the Americas - for better or worse. There are currently numerous preferential trade agreements (PTAs) and bilateral investment treaties (BITs) in the region. Yet, how close is this image to reality? Do American countries have the institutional framework required to allow a relatively free flow of goods, services and capital within the region? This paper looks into the institutional structures required for financial and monetary integration, through an analysis of BITs, investment and trade in financial services provisions in PTAs, capital account regimes, exchange rate structures, and the possibilities for debt and equity financing within the Americas. It is an empirically-oriented paper that attempts to assess the degree of compatibility between the current institutional structure governing financial and monetary relations in the Americas, and the possibility of attaining relatively free flow of capital and integrated financial markets in the region.
Topic:: Economics, Globalization, and Politics
Political Geography:: America and North America

2870. Bankers into Brokers: The Structural Transformation and Opening of Mexico's Financial Markets

Author:: Susan Minushkin
Publication Date:: 03-2003
Content Type:: Working Paper
Institution:: Centro de Investigación y Docencia Económicas
Abstract:: Mexico's financial market opening demonstrates how this domestic logic interacts with international condition. The following case study of Mexican financial opening makes the following contentions. First, financial market opening in Mexico did not begin in the 1980s, as commonly believed. Rather the process has its roots in a conflict among sub-sectors of the financial services industry, between powerful oligarchic bankers (banqueros) and financial entrepreneurs based on the bolsa (bolseros). The conflict, dating from the 1960s, was a purely domestic affair and was not the result of increased international capital mobility and financial marked opening in OECD countries. Nevertheless, this conflict led to a structural change in the financial service industry congruent with changes in the international financial system from bank-based financing to increasing securities market-based financing.
Topic:: Economics, Emerging Markets, and International Trade and Finance
Political Geography:: North America and Mexico

2871. Economic Conditions, Democracy and the IMF

Author:: Susan Minushkin
Publication Date:: 03-2003
Content Type:: Working Paper
Institution:: Centro de Investigación y Docencia Económicas
Abstract:: This study seeks to test the hypotheses that different styles of financial market opening can be explained, in part, by general economic conditions and the need to attract external capital. It seeks, as well, to test the some for the more general arguments advanced in the financial market opening literature that financial market opening is a result of a country's increased participation in the international financial system and increased international trade integration. Two specifically political arguments also are tested. The first is that emerging markets opened their markets in response to pressure from the IMF. The second is that there is an association between political freedom and open markets. I test these hypotheses using regression analyses of panel data from a sample of emerging market countries.
Topic:: Economics, Emerging Markets, and International Trade and Finance
Political Geography:: Europe and North America

2872. Policy Reform in the Mexican Telecommunications Sector

Author:: Miguel Ángel Valverde
Publication Date:: 02-2003
Content Type:: Working Paper
Institution:: Centro de Investigación y Docencia Económicas
Abstract:: In June 1990, Presidents George Bush and Mexican President Carlos Salinas de Gortari announced their intention to begin negotiating a free trade agreement. Canada joined the negotiations the following August. The proposed North American Free Trade Agreement (NAFTA) provoked an intense lobbying campaign in the U.S. Congress, in what became a major political battle for its congressional approval.
Topic:: Economics, Government, and International Trade and Finance
Political Geography:: Africa, Canada, Central America, and Mexico

2873. Take the State Back Out? Comparing French Responses to Globalization in Agriculture and Shipping

Author:: Mark Aspinwall and Imtiaz Hussain
Publication Date:: 02-2003
Content Type:: Working Paper
Institution:: Centro de Investigación y Docencia Económicas
Abstract:: How autonomous is a state in today's highly interdependent international economy to pursue policies that diverge widely from the international norm? Does the degree of autonomy vary for different domestic sectors? We adapt and apply Benjamin Cohen's unholy trinity model (1993), to a comparative assessment of how France responded to globalization over agriculture and shipping, focusing on three dimensions—investment, transaction costs, and government policy responses. Although France is reputed to possess a strong state machinery (Katzenstein, 1987; Wilson, 1987; Skocpol, 1985), our analysis raises qualifications. On the one hand, regardless of government policy intentions, we find irreversible forms of disinvestment in both sectors, though different in nature—geographic for shipping, and functional for agriculture; on the other, we also find continued dependence upon the state—for aid in shipping and resisting free trade in agriculture. We further find that, although internal and endogenous, as well as external and exogenous, factors influence policy-making, the nature of these factors are different for the two sectors. We conclude by drawing implications of our findings for state-society relations and European integration.
Topic:: Agriculture, Economics, and International Trade and Finance
Political Geography:: Africa, Europe, and France

2874. Clientelism in Flux: Democratization and Interest Intermediation in Contemporary Mexico

Author:: Blanca Heredia Rubio
Publication Date:: 02-2003
Content Type:: Working Paper
Institution:: Centro de Investigación y Docencia Económicas
Abstract:: The buoyant optimism spurred by the rush to democracy throughout Latin America along with the high, even if less widespread, hopes about market reform of the last decade have given way to a different mood. The excitement associated with large scale social change has subsided and a certain disillusionment, a hangover of sorts, has begun to set in.
Topic:: Civil Society, Democratization, and Economics
Political Geography:: Latin America, Central America, and Mexico

2875. The Institutional Setting of the NAFTA Debate in the United States

Author:: Miguel Ángel Valverde
Publication Date:: 02-2003
Content Type:: Working Paper
Institution:: Centro de Investigación y Docencia Económicas
Abstract:: The objective of this paper is to analyze the institutional setting of the NAFTA debate in the United States, focusing on the interaction between the Presidency and Congress, in the formulation of foreign commercial policy. A series of arrangements have tamed confrontation between the Executive and Legislative powers, reconciling their institutional biases. THese arrangements channel and contain domestic demands for protectionism, favoring international trade liberalization negotiations.
Topic:: Economics, International Trade and Finance, and Treaties and Agreements
Political Geography:: Africa, United States, Asia, and North America

2876. Los Balcanes: Entre el Pasado y el Presente. Una Introducción Históica a los Estudios Balcánicos

Author:: Slobodan Pajovic
Publication Date:: 02-2003
Content Type:: Working Paper
Institution:: Centro de Investigación y Docencia Económicas
Abstract:: This working paper deals with the complex, turbulent and contradictory history of the Balkans region. It is argued that the tragic realities confronting the region derive mainly from its asymmetric geopolitical, economic and cultural position, and its high degree of vulnerability and dependence on Western Europe and the Near East. It suggests that it is possible to study the history of the region by examining processes of both internal fragmentation and external subordination. While the paper cannot constitute a complete or systematic study of the Balkans, it presents and overview of the most salient features in the region's historical, politico-economic and cultural development. Two case studies, Yugoslavia and Kosovo, help to highlight the broader trends.
Topic:: Economics, Human Welfare, and Politics
Political Geography:: Europe, Iran, Middle East, Eastern Europe, Kosovo, Yugoslavia, and Balkans

2877. Towards a Comparative Model of Press Functioning

Author:: Adam Jones
Publication Date:: 02-2003
Content Type:: Working Paper
Institution:: Centro de Investigación y Docencia Económicas
Abstract:: While the role of the press and other media has been central to a wide variety of ideological frameworks and political prescriptions, from classical liberalism to state socialism, there has been little attempt to generate a "macro-theory" of press functioning that claims to be valid for press systems worldwide. This paper attempts to construct such an analytical framework, by isolating two key variables (a "mobilizing imperative" and a "professional imperative") that act to shape the orientation and behavior of press institutions, their sponsors, and their editorial staff. "Meta-environmental" variables, such as pre-existing press culture and level of economic development, are also considered. The paper draws on a wide variety of case-studies, mostly from the less-developed world, to depict the diverse strategies by which press workers seek to reconcile the mobilizing and professional imperatives, and to open up space for the latter. The paper concludes with a presentation of three models, each applicable to a given "type" of media system ("hard" authoritarian, "soft" authoritarian, and market-oriented liberal-democratic). It is claimed that these three models, despite certain conceptual difficulties, account for the great majority of media systems worldwide, and help to explain the institutional behaviors and professional orientations that they exhibit.
Topic:: International Relations, Development, Economics, and Politics
Political Geography:: Africa

2878. Foreign Policy Strategies in a Globalized World: The Case of Mexico

Author:: Guadalupe González
Publication Date:: 02-2003
Content Type:: Working Paper
Institution:: Centro de Investigación y Docencia Económicas
Abstract:: This document analyses the impact of the end of the Cold-War, and the processes of economic and political liberalization on Mexico's foreign policy. The first section identifies the consequences for the so-called intermediate countries of the three most important post-Cold War trends: the emergence of hybrid structure of global power, the wave of globalization, and the growing importance of international institutions. The second section evaluates the explanatory value of three systemic approaches to the study of the foreign policy of intermediate states: systemic-structuralism, middle powers, and pivotal states. In the third section, I evaluate Kahler's alternative approach centered on the interaction between systemic and domestic variables, in particular on the foreign policy consequences of economic liberalization and democratization such as the adoption of external cooperative strategies and the deepening to engagement with international institution. The fourth section describes the main changes that have taken place in Mexico's foreign policy during the 1990s: pragmatism, primacy of economics, closer alignment with the United States, segmented multilateralism, fragmentation of the decision-making process, and new instruments. There are two arguments in this document. First, in contrast to other intermediate liberalizing countries, Mexico's efforts to adapt to the new post-Cold War international system, followed an uneven and partial pattern. While Mexican political leaders pursued the full integration of the country to the international economy, in the security realm they maintain a less than open policy based on the defense of the traditional notion of sovereignty. Mexico's partial adaptation is explained by the different pace of the raid economic reform on the one hand, and the gradual and slow opening of the post-revolutionary political regime, on the other. Second, as Kahler's model predicted, Mexico adopted strategies of cooperation and institutional engagement in order to solve credibility roblems. The need to enhance the credibility of the programs of economic reform pushed the Mexican government to engage actively with economic international institutions.
Topic:: International Relations, Economics, and International Trade and Finance
Political Geography:: Africa, United States, Middle East, North America, and Mexico

2879. The New Federalism, Internationalization and Political Change in Mexico: A Theoretical Analysis of the Metalclad Case

Author:: Arturo Borja
Publication Date:: 02-2003
Content Type:: Working Paper
Institution:: Centro de Investigación y Docencia Económicas
Abstract:: In this working paper the reader will find a study of the case that led, within the North America Free Trade Agreement, to the first formal dispute between an American firm and the Mexican Government. The firm, Metalclad, invested $22 million in the municipality of Guadalcazar, in the state of San Luis Potosi, to build a plant to process and store industrial waste. The proper disposal and storage of industrial waste represents one of the toughest environmental challenges faced by Mexico. Thus, the federal government, in the 1990s, has made efforts to attract foreign investment to this area. Metalclad, however, got into a dispute with the municipal and state governments. Finally, in December 1995, the former officially denied Metalclad a construction permit for the plant. This action meant, in practice, the end of the investment project.
Topic:: Economics, Industrial Policy, and International Trade and Finance
Political Geography:: America, North America, and Mexico

2880. Sustainable Regional Development through Institutionalised Trans-frontier Cooperation in the Sofia-Skopje-Nis Triangle--Towards the Establishment of a Euroregion

Author:: Stoyan Totev and Maria Boyadjieva
Publication Date:: 04-2003
Content Type:: Working Paper
Institution:: EastWest Institute
Abstract:: The transition process in Central and Eastern Europe was associated with increasing intra-regional disparities. It appears also that the regional inequalities in South east Europe are relatively high creating in the same time significantly higher economic and social problems. That refers to Bulgaria, Macedonia and FR Yugoslavia whereas every reform face serious difficulties due to the lower readiness for accession to the EU structures as well as for their backwardness in the economic development. In countries like Czech Republic, Hungary and Slovenia there exist enough resources for facing the negative effects from one or another reform as well as the necessary readiness of the population the reform s to be carried out.
Topic:: Development, Economics, and International Trade and Finance
Political Geography:: Europe, Eastern Europe, Yugoslavia, Bulgaria, and Macedonia

2881. Cross-border business activities in the Small and Medium Enterprise sector in the Southern Adriatic border areas of Croatia, Montenegro and Bosnia and Herzegovina

Author:: Ivo Grkovic and Nikola Kalafatovic
Publication Date:: 02-2003
Content Type:: Working Paper
Institution:: EastWest Institute
Abstract:: Analyzing the area of our interest and its economic perspective requires us to take a step back in to the past and conclude that history rep eats itself. Traditionally, this has been the area of trade, communication, as well as war. The last fifty years, up until the disintegration of ex-Yugoslavia, represented the longest period of peace in this region of different cultures, nations and history. In ex-Yugoslavia, these differences did not represent a limiting factor, and therefore the transport of people as well as goods was free and unlimited. Although the state borders existed, in the legal sense they were not of great importance. We can say that people living in this region were both geographically and economically directed towards each other. However, economic differences were present, and Croatia ranked as the second most developed state of ex-Yugoslavia (after Slovenia).
Topic:: Economics, International Trade and Finance, and Political Economy
Political Geography:: Bosnia, Herzegovina, Eastern Europe, Yugoslavia, Maryland, and Slovenia

2882. The Federal Budget and the Regions

Author:: A.M. Lavrov
Publication Date:: 01-2003
Content Type:: Working Paper
Institution:: EastWest Institute
Abstract:: Improvement of the financial relations between the Federation and the regions still remains quite an urgent problem. The Concept of Reforming Inter budgetary Relations in the Russian Federation in 1999 — 2000 is being implemented; Russia's Finance Ministry has developed the Concept of Reforming Budget Federalism in the Russian Federation to 2005, which will soon be approved by the Government; a special section on interbudgetary relations has been included in the Main Long- Term Trends of Socio-Economic Policy of the Russian Federation Government program, drafted by the Strategic Research Center.
Topic:: Economics, International Trade and Finance, and Political Economy
Political Geography:: Russia, Europe, and Bosnia

2883. History, Globalization, and Globality: Preliminary Thoughts

Publication Date:: 03-2003
Content Type:: Working Paper
Institution:: Institute on Globalization and the Human Condition, McMaster University
Abstract:: During reviews of the project application by the Social Sciences and Humanities Research Council, we were asked how the outcomes would differ from results achieved by funding the specific investigations - each of our projects - as standard grants. How would we achieve collaborative results? What would be gained from collaborative effort? What does society gain?
Topic:: Economics, Globalization, and History

2884. Conversion at Stepnogorsk: What the Future Holds for Former Bioweapons Facilities

Author:: Sonia Ben Ouagrham and Kathleen M. Vogel
Publication Date:: 02-2003
Content Type:: Working Paper
Institution:: The Judith Reppy Institute for Peace and Conflict Studies
Abstract:: This study examines the ongoing efforts to convert a former biological weapons (BW) facility in Stepnogorsk, Kazakhstan. The facility, known in the Soviet period as the Stepnogorsk Scientific and Experimental Production Base (SNOPB), was the USSR's largest mobilization facility dedicated to the production and weaponization of anthrax bacteria. Since the collapse of the Soviet Union, the Kazakh government has demonstrated its commitment to nonproliferation and international security by opening and providing full transparency into the facility. The Kazakh government has issued mandates for a number of restructuring changes and conversion efforts at the facility. Subsequent U.S. and international assistance have played key roles in dis- mantling the facility and redirecting its personnel to peaceful purposes. Yet, the continuing economic and political instability in Kazakhstan maintains concerns regarding the threat of proliferation involving former BW personnel from the facility.
Topic:: Security, Economics, Government, Peace Studies, and Weapons of Mass Destruction
Political Geography:: United States, Kazakhstan, and Soviet Union

2885. American Unilaterism, Foreign Economic Policy and the 'Securitisation' of Globalisation

Author:: Richard Higgott
Publication Date:: 10-2003
Content Type:: Working Paper
Institution:: Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:: This paper traces the 'securitisation' of US foreign economic policy since the advent of the Bush administration. It does so with reference to US economic policy in East Asia. It argues that in the context of US economic and military preponderance in the world order, the US has been able to resist the temptation to link foreign economic and security policy. While there was evidence of the securitisation of economic globalisation in US policy from day one of the Bush administration, it was 9/11 that firmed up this trend. For the key members of the Bush foreign policy team, globalisation is now seen not simply in neo-liberal economic terms, but also through the lenses of the national security agenda of the United States. Economic globalisation is now not only a benefit, but also a 'security problem'. 9/11 offered the opportunity for what we might call the 'unilateralist-idealists', in the Bush administration, to set in train their project for a post-sovereign approach to American foreign policy. The paper identifies some intellectual contradictions in current US strategy and raises a series of question about the implication for world order of the consolidation of the trends identified in the paper.
Topic:: Security, Economics, and Globalization
Political Geography:: United States, America, and East Asia

2886. Examining the Role of Foreign Assistance in Security Sector Reforms: The Indonesian Case

Author:: Eduardo Lachica
Publication Date:: 04-2003
Content Type:: Working Paper
Institution:: Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:: Indonesia and the donor community are agreed that security sector reforms are needed to restore investor confidence and sustain the pace of economic recovery. However, donor-assisted programmes have had only a limited success so far and the army's post-Suharto reforms appeared to have ground to a halt. This paper offers some suggestions on how to restore the momentum for reform in the light of donor limitations, the military's historical circumstances and the current mood of intense nationalism. Donors should initiate a quiet Track II (non-official) dialogue with the military, the police, the civilian authorities and civil society to scope out a doable programme of cooperation. The issue of civilian supremacy should be dealt with pragmatically, allowing for a process of negotiation to find an effective working relationship between civilian and military authorities. The dialogue should frame the reform process as a burden for the entire society, reminding civilian leaders that they too have a responsibility to improve their performance and demonstrate their ability to oversee military affairs capably and fairly. Since U.S. assistance to the Indonesian military is likely to remain constrained, the paper proposes a "military donors club" that can expand the donor base and work informally with the World Bank-led Consultative Group on Indonesia. The dialogue should deal creatively and patiently with two of the most vexing issues relating to the army — restructuring its network of territorial commands and phasing out its controversial tradition of self-financing. This could be a difficult learning process for both sides of the civilian-military divide that could last a decade or more.
Topic:: Defense Policy, Economics, and International Trade and Finance
Political Geography:: United States, Indonesia, and Southeast Asia

2887. €uros for ESDP – financing EU operations

Author:: Antonio Missiroli
Publication Date:: 06-2003
Content Type:: Working Paper
Institution:: European Union Institute for Security Studies
Abstract:: The financing of EU-led crisis management operations is a somewhat neglected yet nevertheless crucial factor affecting the external effectiveness and internal consistency of the Union's foreign and security policy. Until recently, CFSP's operational acquis has been minimal, its legal underpinning limited and tortuous, its budgetary fundament ludicrous, and its administrative practice mostly contradictory and often fraught with inter-institutional turf battles between Council, Commission and Parliament. With the launch of the first ESDP operations proper (EUPM in Bosnia and Herzegovina, Concordia in FYROM) in 2003, the forthcoming Operation Artemis in the Democratic Republic of Congo and the possible takeover of SFOR after 2004, it has become all the more important and urgent to devise more appropriate arrangements and incentives for common action. The European Convention and the ensuing Intergovernmental Conference represent additional opportunities to be seized. In this respect, the main issues to be addressed regard: a) the speed and readiness of budgetary allocations, on the one hand, and their long-term sustainability, on the other; b) the coherence of the relevant provisions, in both institutional and functional terms, and their consistency with the peculiarities of the EU as an international actor; and c) the degree of transparency, accountability and internal fairness compatible with the imperatives of crisis management. The experience of other international organisations operating in this field (NATO, OSCE, UN) can also be taken into consideration with a view to selecting rules and modalities that may be helpful in tackling the problems highlighted here. First and foremost, it is desirable that the current fragmentation of CFSP expenditure in separate EU budgetary lines be overcome. The appointment of an EU 'Minister for Foreign Affairs' (or whatever title is given to the new foreign policy supremo) is expected to help solve this problem and reduce some inter-institutional tensions and bottlenecks. For example, it is desirable for all expenditure related to civilian crisis management (with the possible exception of the salaries of seconded national personnel) to be borne by the EU bud- get in a more transparent fashion. To this end, the relevant procedures have to be made less tortuous and more flexible. Secondly, expenditure for operations 'having military or defence implications' — in so far as it will remain distinct and separate from the rest — should be pooled in a more systematic, sustainable and explicit manner. Neither the current 'ad hocery' (as exemplified by EUPM and Concordia ) nor the minimalist approach adopted by the Convention's Praesidium (with the proposal of a subsidiary 'start-up' fund) address the essential issues. In fact, if a subsidiary budget has to be set up, then it should be more ambitious and create a long- term basis for covering all the 'common costs' arising from military operations. Such an EU Operational Fund could usefully draw upon the precedent of the European Development Fund and adopt a distinct 'key' for national contributions. Such a 'key' should take into account e.g. the member states' ability to pay but also their ability to contribute in kin through the actual involvement of personnel and equipment in EU operations. It should also be periodically adjustable and help overcome potential 'burden-sharing' disputes inside the Union by setting agreed criteria against which to measure and assess national contributions without resorting to the crude GDP scale. At the same time, the Fund's financial cycle should be the same as that of the EU budget. And, in perspective, the “common costs” thus covered should include also accommodation and transportation costs, especially if the Union develops common capabilities in the fields of strategic lift and logistics. By doing so, the EU would eventually have two main modalities for common operational expenditure at its disposal: the EU budget for all non-military aspects, and the Operational Fund. Both would guarantee a reliable financial perspective. If the separation between civilian and military aspects were ever to be bridged, their merger would not represent a problem. Thirdly, the European Parliament could consider reimbursing those member states who participate in ESDP operations a fixed somme for faitaire to cover partially the per diems of their seconded personnel (civilian as well as military). Such reimbursement could be made through the EU budget annually, ex post facto, with no political conditions attached. On the one hand, it would prove that the EU budget covers not only internal benefits (agriculture and structural funds) but also external commitments. On the other, it would add transparency to ESDP in that the Parliament could organise hearings with experts and officials as well as plenary debates. For their part, the member states would gain an additional incentive – however modest – to provide adequate human resources for external operations. Finally, participating 'third' (and especially remaining and future candidate) countries could well be associated with all these arrangements, either case by case or more systematically. And none of the proposals outlined here necessarily require treaty change, although it would be preferable to insert some 'enabling' clauses in the Constitutional Treaty. All proposals, however, would require collaboration — rather than competition — between EU institutions.
Topic:: Economics, Government, and Politics
Political Geography:: Europe, Bosnia, Herzegovina, and Democratic Republic of the Congo

2888. The European Union and armaments Getting a bigger bang for the Euro

Author:: Burkard Schmitt
Publication Date:: 08-2003
Content Type:: Working Paper
Institution:: European Union Institute for Security Studies
Abstract:: The proposals of the Convention on the Future of Europe and the recent European Commission Communication on a Defence Equipment Policy have revived the debate about the EU's possible involvement in armaments. There is indeed a chance today that a European Agency for Armaments, Research and Capabilities will be set up and anchored in the new EU Treaty. At the same time, there is a growing consensus that the EU Commission should have certain competencies in the field of security-related research, and even the establishment of a common defence equipment market is (again) under discussion.
Topic:: Defense Policy, Economics, and Government
Political Geography:: Europe

2889. Civilian Control or Civilian Command?

Author:: Louis L. Boros
Publication Date:: 08-2003
Content Type:: Working Paper
Institution:: Geneva Centre for Security Sector Governance (DCAF)
Abstract:: Nearly all nations recognize and acknowledge the need for national defence and hence the need for national armed forces. However, the existence of armed forces also causes problems for every government, since, as Mao Tse-Tung so aptly put it, power comes from the barrel of a gun. One of the concerns of government, therefore, is how to ensure, that the political will remains in civilian hands. As we know, history has shown that this concern is both legitimate and well founded, since militaries have repeatedly seized control of government in many parts and nations of the world. (It has also been generally true, that military-led governments have not been exceptionally successful in running the government, regulating the economy, or solving social issues). Thus, a debate arises about the degree to which civilian leaders should control, or command the armed forces.
Topic:: Security, Civil Society, Economics, and Politics

2890. Decision Making in the Field of Security - Formal and Informal Procedures and Mechanisms in the Russian Federation

Author:: Vladimir Shustov
Publication Date:: 08-2003
Content Type:: Working Paper
Institution:: Geneva Centre for Security Sector Governance (DCAF)
Abstract:: To start with, I would like to note that the degree to which the civil society influences state national security policies depends on political and social and economic character of the state and, accordingly, on relationships between various branches of power and the society itself represented by its organizations, mass media and individuals.
Topic:: Civil Society, Economics, and Politics
Political Geography:: Russia

2891. National Security Decision Making, Formal vs. Informal Procedures and Structures: Case Study 1 - The Former Soviet Union, Russia and Ukraine

Author:: Yuri Nazarkin
Publication Date:: 08-2003
Content Type:: Working Paper
Institution:: Geneva Centre for Security Sector Governance (DCAF)
Abstract:: The current Russian security decision-making system represents a particular interest, because Russia today is at a crucial stage of its development. There are a number of factors that are shaping its system: new security dimensions and requirements, traditional and innovative approaches towards security, political interests of various groupings, economic interests of big corporations, politicians' personal ambitions. At the same time the past experience puts a noticeable impact on the current decisionmaking mechanisms. That is why I am going to start with the Soviet period.
Topic:: Communism, Development, and Economics
Political Geography:: Russia, Ukraine, and Soviet Union

2892. Intelligence Practice and Democratic Oversight - a Practitioner's View

Publication Date:: 07-2003
Content Type:: Working Paper
Institution:: Geneva Centre for Security Sector Governance (DCAF)
Abstract:: Democracy is founded on every citizen's right to take part in the management of public affairs. This requires the existence of representative institutions at all levels and, as a cornerstone, a parliament in which all components of society are represented and which has the requisite powers and means to express the will of the people by legislating and overseeing government action.
Topic:: Democratization, Economics, Government, and Politics

2893. The Mirage of Exchange Rate Regimes in Emerging Market Countries

Author:: Frederic Mishkin and Guillermo Calvo
Publication Date:: 11-2003
Content Type:: Working Paper
Institution:: European Union Studies Center
Abstract:: This paper argues that much of the debate on choosing an exchange rate regime misses the boat. It begins by discussing the standard theory of choice between exchange rate regimes, and then explores the weaknesses in this theory, especially when it is applied to emerging market economies. It then discusses a range of institutional traits that might predispose a country to favor either fixed or floating rates, and then turns to the converse question of whether the choice of exchange rate regime may favor the development of certain desirable institutional traits. The conclusion from the analysis is that the choice of exchange rate regime is likely to be of second order importance to the development of good fiscal, financial, and monetary institutions in producing macroeconomic success in emerging market countries. This suggests that less attention should be focused on the general question whether a floating or a fixed exchange rate is preferable, and more on these deeper institutional arrangements. A focus on institutional reforms rather than on the exchange rate regime may encourage emerging market countries to be healthier and less prone to the crises that we have seen in recent years.
Topic:: Economics, Emerging Markets, and International Trade and Finance

2894. Hidden Costs of War

Author:: William D. Hartung
Publication Date:: 03-2003
Content Type:: Working Paper
Institution:: Fourth Freedom Forum
Abstract:: The Bush administration's war on terrorism and its proposed military intervention in Iraq have sparked the steepest increases in military and security spending in two decades. Since September 11, 2001, the federal government has approved over $110 billion in increased military spending and military aid. Spending on national defense is slated to reach $399 billion in the Fiscal Year 2004 budget, and to rise to over $500 billion annually by the end of this decade. These vast sums do not include the costs of the ongoing war in Afghanistan or a war with Iraq. Steven Kosiak of the Center for Strategic and Budgetary Assessments estimates that only 5 to 10 percent of the Fiscal Year 2003 Pentagon budget is being set aside for anti-terror activities and homeland security.
Topic:: Security, Economics, Government, Terrorism, and War
Political Geography:: Afghanistan, United States, Iraq, and Middle East

2895. Five Kinds of Capital: Useful Concepts for Sustainable Development

Author:: Neva Goodwin
Publication Date:: 09-2003
Content Type:: Working Paper
Institution:: Global Development and Environment Institute at Tufts University
Abstract:: The concept of capital has a number of different meanings. It is useful to differentiate between five kinds of capital: financial, natural, produced, human, and social. All are stocks that have the capacity to produce flows of economically desirable outputs. The maintenance of all five kinds of capital is essential for the sustainability of economic development.
Topic:: Economics, International Trade and Finance, Markets, and Treaties and Agreements

2896. International Trade and Air Pollution: The Economic Costs of Air Emissions from Waterborne Commercial Vessels in the United States

Author:: Kevin Gallagher and Robin Taylor
Publication Date:: 09-2003
Content Type:: Working Paper
Institution:: Global Development and Environment Institute at Tufts University
Abstract:: Although there is a burgeoning literature on the effects of international trade on the environment, relatively little work has been done on where trade most directly effects the environment: the transportation sector. This article shows how international trade is affecting criteria air pollution emissions in the United States' shipping sector. Recent work has shown that cargo ships have been long overlooked regarding their contribution to air pollution. Indeed, ship emissions have recently been deemed "the last unregulated source of traditional air pollutants."Air pollution from ships has a number of significant local, national, and global environmental effects. Building on past studies, we examine the economic costs of this increasing and unregulated form of environmental damage. We find that total emissions from ships are largely increasing due to the increase in foreign commerce (or international trade). We analyze the period 1993 to 2001 and find that the economic costs of SO2 pollution during the period are estimated to be $1.1 billion or $126 million per year. For NOx emissions the costs are $3.7 billion over the entire period or $412 million per year. Because foreign trade is driving the growth in U.S. shipping, we also estimate the effect of the Uruguay Round on emissions. Separating out the effects of global trade agreements reveals that the trade agreement- led emissions amount to $460 million for SO2 between 1993 and 2001, or $51 million per year. For NOx they are $1.2 billion for the whole period or $144 million per year. Without adequate policy responses, we predict that these trends and costs will continue to rise with trade flows into the future
Topic:: Economics, Environment, and International Trade and Finance
Political Geography:: North America

2897. Economic Reform, Energy, and Development: The Case of Mexican Manufacturing

Author:: Kevin Gallagher and Francisco Aguayo
Publication Date:: 07-2003
Content Type:: Working Paper
Institution:: Global Development and Environment Institute at Tufts University
Abstract:: Given increasing concern over global climate change and national security there is a burgeoning interest in examining the relationship between economic growth and energy use in developed and developing countries. More specifically, delinking energy use per unit of gross domestic product (GDP) has fast come to be seen as in the interests of national economies and the world as a whole. Recent attention has been paid to the dramatic decreases in the energy intensity of the Chinese economy, which fell by 55 percent between 1975 and 1995 (Sinton and Fridley, 2000). Do other developing economies follow similar trajectories?
Topic:: Economics, Environment, and International Trade and Finance
Political Geography:: North America

2898. Free Trade, Corn, and the Environment: Environmental Impacts of US - Mexico Corn Trade Under NAFTA

Author:: Frank Ackerman, Kevin Gallagher, Timothy Wise, Luke Ney, and Regina Flores
Publication Date:: 06-2003
Content Type:: Working Paper
Institution:: Global Development and Environment Institute at Tufts University
Abstract:: The North American Free Trade Agreement (NAFTA) had a profound impact on corn trade between the United States and Mexico. Negotiated tariff reductions and the Mexican government's decision not to charge some tariffs to which it was entitled resulted in a doubling of US corn exports to Mexico. This paper examines the environmental implications of this change on both sides of the border.
Topic:: Economics, Environment, and International Trade and Finance
Political Geography:: North America and Mexico

2899. Current Economic Conditions in Myanmar and Options for Sustainable Growth

Author:: David Dapice
Publication Date:: 05-2003
Content Type:: Working Paper
Institution:: Global Development and Environment Institute at Tufts University
Abstract:: In this paper, an extensive report on the economy of Myanmar prepared in 1998 is supplemented by more recent reports as of fall 2002 (included as appendices).
Topic:: Agriculture, Economics, and International Trade and Finance
Political Geography:: Asia

2900. Reconciling Growth and the Environment

Author:: Neva Goodwin and Jonathan Harris
Publication Date:: 03-2003
Content Type:: Working Paper
Institution:: Global Development and Environment Institute at Tufts University
Abstract:: Macroeconomic theory and policy are strongly based on the assumption that economic growth is a fundamental goal. The environmental realities of the twenty- first century compel a reassessment of macro theory in terms of the impact of current growth patterns on planetary ecosystems.
Topic:: Agriculture, Development, Economics, and International Trade and Finance

Search

Search Constraints

Search Results

Refine your search

Topic

Political Geography

Content Type

Publishing Institution

Author

Publication Year

COLUMBIA UNIVERSITY PRESS