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32. Toxic Legacy: Hunger, Oppression, Migration, and Health in the Democratic People's Republic of Korea
- Author:
- Leonard S. Rubenstein
- Publication Date:
- 01-2011
- Content Type:
- Policy Brief
- Institution:
- United States Institute of Peace
- Abstract:
- During the 1990s, economic mismanagement, political oppression, natural disaster, and loss of external subsidies after the end of communism led to a calamitous decrease in food production in the Democratic People's Republic of Korea (DPRK). The public health infrastructure, including water and sanitation systems, drug distribution and supply chains, and local clinics and hospitals, also deteriorated. At least half a million people died of starvation and millions more suffered acute or chronic malnutrition. Malnutrition increased vulnerability to disease at a time when the health system was incapable of effective response. Fifeen years later, neither health nor the food systems have recovered as the economy persistently stagnates. Health continues to be a low priority for the government. The availability of food is insufficient to meet population needs, hospitals and clinics are significantly ill-equipped, the medical workforce lacks appropriate training, and corruption in drug distribution is pervasive. Malnutrition and anemia, as well as diseases associated with poor sanitation, remain widespread. Over the last few years, DPRK has begun to accept international assistance to address health system needs, most notably to vaccinate children. Although these initiatives address some infrastructure needs, the continued centralized control of health and the lack of open discussion about key issues renders the possibility of reforms sufficient to meet the health needs of the people of North Korea dim. During the economic crisis, tens of thousands of North Koreans migrated to China despite harsh measures imposed by both governments to restrict border crossing and a refusal by China to give legal status to the migrants. To a limited extent, migration ameliorated the health impact of the crisis by stimulating illicit cross-border trade and informal markets that increased some North Koreans' access to food. Even after a disastrous effort by the DPRK government to shut the markets down in 2009, they are re-emerging. China's encouragement of these markets, along with regularizing the status of migrants in China, could advance its own economic interests as well as contributing to improving the health of North Koreans.
- Topic:
- Communism, Economics, Health, Markets, and Financial Crisis
- Political Geography:
- China, Israel, and North Korea
33. Growth and Recovery in a Time of Default: Lessons from the Role of the Urban Sector in Argentina
- Author:
- Michael Cohen
- Publication Date:
- 03-2011
- Content Type:
- Working Paper
- Institution:
- United Nations University
- Abstract:
- International narratives on Argentina's recovery from the crisis of 2001-02 tend to emphasize the role of rising commodity prices and growing demand from China. Argentina is said to have been 'lucky', saved by global demand for its agricultural exports. The international narrative has also been used by local agricultural exporters to justify their objections against higher export taxes during periods of high commodity prices. These narratives are not correct. Data on the country's recovery show that it was not led by agricultural exports but was fuelled by urban demand and production. When the Convertibility period ended and the peso was devalued in 2002, price increases for imports stimulated the production of domestic goods and services for consumers. This production in turn generated multiplier effects which supported small and medium-sized firms and helped to create many new jobs. This later produced a revival of the construction and then the manufacturing sectors as well.
- Topic:
- Agriculture, Economics, International Trade and Finance, Markets, and Financial Crisis
- Political Geography:
- China, Argentina, and Latin America
34. U.S. BITs and financial stability
- Author:
- Kevin P. Gallagher
- Publication Date:
- 02-2010
- Content Type:
- Policy Brief
- Institution:
- Columbia Center on Sustainable Investment
- Abstract:
- Almost immediately after taking office, the Obama administration charged the U.S. Department of State's Advisory Committee on International Economic Policy with reviewing the U.S. Model bilateral investment treaty (BIT). The group established a sub-committee of business groups, labor and environmental organizations, and a handful of academic experts and tasked it to make official recommendations for reforming U.S. investment treaties. When completed, the Obama Administration hopes to proceed with official negotiations with China, India, Vietnam, and possibly Brazil.
- Topic:
- Economics, Globalization, and Financial Crisis
- Political Geography:
- United States, China, India, Brazil, and Vietnam
35. Confronting the Long Crisis of Globalization
- Author:
- Alex Evans, Bruce Jones, and David Steven
- Publication Date:
- 01-2010
- Content Type:
- Working Paper
- Institution:
- Center on International Cooperation
- Abstract:
- Globalization has entered a turbulent period. Over the past twenty years, the most significant threats to international security, stability, and prosperity have evolved rapidly. Global systems are now tightly interconnected, with risk proliferating freely across borders.
- Topic:
- Debt, Globalization, and Financial Crisis
- Political Geography:
- Russia, China, and India
36. The Sustainability of China's Recovery from the Global Recession
- Author:
- Nicholas R. Lardy
- Publication Date:
- 03-2010
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics
- Abstract:
- China's policy response to the global financial and economic crisis was early, large, and well-designed. Although Chinese financial institutions had little exposure to the toxic financial assets that brought down many large Western investment banks and other financial firms, China's leadership recognized that its dependence on exports meant that it was acutely vulnerable to a global recession. Thus they did not subscribe to the view sometimes described as “decoupling,” the idea that Asian countries could passively weather the financial storm that originated in the United States and other advanced industrial economies. They understood that absent a vigorous policy response China inevitably would suffer from the backwash of a sharp economic slowdown in its largest export markets—the United States and Europe.
- Topic:
- Economics and Financial Crisis
- Political Geography:
- United States, China, Europe, and Asia
37. Developing Countries – even China – Cannot Rescue the World Economy
- Author:
- Manmohan Agarwal
- Publication Date:
- 01-2010
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- Many analysts believe that developed countries will recover very slowly from the global economic crisis. Consequently, they have looked to the emerging economies of the developing world to help stabilize the world economy and generate a stronger recovery. Indeed, when the financial crisis first engulfed the rich countries in 2008 and early 2009, growth in developing economies was not affected as their banks and financial systems faced neither credit problems nor a more serious meltdown. It is true that some foreign investors, particularly institutional investors, withdrew their money from developing countries with large stock exchanges, setting off stock price declines and some currency devaluations. But this did not affect the “real” economy of production and employment. There was a wide belief that many developing economies were “decoupled” from the rich economies and could continue to grow and this growth would buoy the world economy. Even when output declined dramatically in the developed economies, reducing the demand for developing countries' exports, it was expected that growth in the larger emerging economies would not be significantly affected. This has been borne out by subsequent events. Growth in China has been 8-9 percent and in India about 6 percent in the first three quarters of 2009.
- Topic:
- Development, Economics, Emerging Markets, International Trade and Finance, and Financial Crisis
- Political Geography:
- China and India
38. The Global Financial Crisis and Africa's "Immiserizing Wealth"
- Author:
- Luc Soete and Alexis Habiyaremye
- Publication Date:
- 01-2010
- Content Type:
- Policy Brief
- Institution:
- United Nations University
- Abstract:
- Before the current global recession, many resource-rich African countries were recording unprecedented levels of growth due to a raw material price boom. However, the collapse in raw material prices and the ensuing severe economic difficulties have again exposed the vulnerability of these countries' natural resource export-focussed economic structures. In this research brief, we describe how Africa's abundance of natural resources attracted disruptive and predatory foreign forces that have hindered innovation-based growth and economic diversification by delaying the accumulation of sufficient stocks of human capital. We suggest that for their long-term prosperity, resource-rich African countries shift their strategic emphasis from natural to human resources and technological capabilities needed to transform those natural resources into valuable goods and services to compete in the global market.
- Topic:
- Economics, Emerging Markets, Industrial Policy, Global Recession, Natural Resources, and Financial Crisis
- Political Geography:
- Africa, China, and India
39. The evolving post-crisis world
- Author:
- Stephen Grenville
- Publication Date:
- 04-2010
- Content Type:
- Working Paper
- Institution:
- Lowy Institute for International Policy
- Abstract:
- The worst of the global financial crisis (GFC) is over, but it has left scars, principally in the form of fiscallydriven debt increases, balance sheets that still need repair and high unemployment in the principal crisis countries. There is also unfinished business from the precrisis period, in the form of external imbalances. More positively, the crisis offers lessons about economic policymaking that may improve the way things are done. Of course the main lessons are for the developed countries that were at the centre of the crisis. But the countries of the region had to cope with the backwash, and in doing so lessons were learned. In addition, the lessons in the crisis countries, learned in an environment of extreme stress, may have relevance for the emerging market economies of this region.
- Topic:
- Development, Emerging Markets, and Financial Crisis
- Political Geography:
- China, India, and Asia
40. Interdependency Theory: China, India and the West
- Author:
- Simon Tay
- Publication Date:
- 09-2010
- Content Type:
- Journal Article
- Journal:
- Foreign Affairs
- Institution:
- Council on Foreign Relations
- Abstract:
- No abstract is available.
- Topic:
- Development, Economics, Government, and Financial Crisis
- Political Geography:
- China and India