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You searched for: Content Type Policy Brief Remove constraint Content Type: Policy Brief Publishing Institution Centre for International Governance Innovation Remove constraint Publishing Institution: Centre for International Governance Innovation Political Geography Global Focus Remove constraint Political Geography: Global Focus Publication Year within 3 Years Remove constraint Publication Year: within 3 Years Publication Year within 10 Years Remove constraint Publication Year: within 10 Years Topic International Political Economy Remove constraint Topic: International Political Economy
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  • Author: Susan Schadler
  • Publication Date: 10-2017
  • Content Type: Policy Brief
  • Institution: Centre for International Governance Innovation
  • Abstract: So far, the International Monetary Fund (IMF) has defied the odds in its relations with the administration of US President Donald Trump. In contrast to the administration’s at times stormy ride with some other international organizations and agreements, relations have been rather calm — even friendly — between the United States and the IMF. There has been no talk of cutting US funding to the IMF, no threat of pulling out of the organization, no statements casting aspersions on the IMF and no “tweet storms” on specific events involving the IMF. In fact, although not directly from President Trump, statements in support of actions or positions of the IMF have surfaced. Why has the IMF escaped the antagonism of the new administration, and can it continue to do so?
  • Topic: International Political Economy, International Trade and Finance
  • Political Geography: Global Focus
  • Author: Cyrus Rustomjee
  • Publication Date: 09-2017
  • Content Type: Policy Brief
  • Institution: Centre for International Governance Innovation
  • Abstract: The blue economy — a concept and framework for economic activity that recognizes and seeks to maximize the potential for economic growth, employment and diversification through the sustainable use of resources from the ocean — has vast economic potential for small states; however, they confront several unique international governance challenges in pursuing a marine-resource-based development framework; have few comparative lessons of good practice to draw on; and face several practical obstacles in taking the first steps to operationalize the blue economy, resulting in modest progress. Collective experience highlights six key priorities in operationalizing the blue economy. Small states can take several new initiatives, supported by regional and international development partners, to focus attention on and coalesce policy effort and resources.
  • Topic: International Political Economy
  • Political Geography: Global Focus
  • Author: Edward A. Parson
  • Publication Date: 08-2017
  • Content Type: Policy Brief
  • Institution: Centre for International Governance Innovation
  • Abstract: Climate engineering can, if appropriately governed within a coherent overall climate change strategy, reduce risks beyond what mitigation and adaptation can achieve alone, and is probably essential to achieve the Paris Agreement temperature targets. Climate engineering also poses significant new risks, and needs expanded research and scrutiny in climate assessments.
  • Topic: International Political Economy, Climate Finance
  • Political Geography: Global Focus
  • Author: Steven L. Schwarcz
  • Publication Date: 07-2017
  • Content Type: Policy Brief
  • Institution: Centre for International Governance Innovation
  • Abstract: Unsustainable sovereign debt is a serious problem for nations, as well as their citizens and creditors, and a threat to global financial stability. The existing contractual approach to restructuring unsustainable debt is inadequate and no treaty or other multilateral legal framework exists, or is currently likely to be adopted, that would enable nations to restructure unsustainable debt. Because a significant percentage of sovereign debt is governed by English law, there is an opportunity to modify the law to fairly and equitably facilitate the restructuring of unsustainable sovereign debt. This policy brief proposes a novel legal framework, focusing on governing law, for doing that. This framework would legislatively achieve the equivalent of the ideal goal of including perfect collective action clauses in all English-law-governed sovereign debt contracts. It therefore should ensure the continuing legitimacy and attractiveness of English law as the governing law for future sovereign debt contracts. Even absent the legislative proposal, the analysis in this policy brief can contribute to the incremental development of sovereign debt restructuring norms.
  • Topic: International Political Economy
  • Political Geography: Global Focus