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Begin New Search Content Type Policy Brief Publication Year within 5 Years

1181. The Inequality Virus: Bringing together a world torn apart by coronavirus through a fair, just and sustainable economy

Author:
Oxfam Publishing
Publication Date:
01-2021
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
The coronavirus pandemic has the potential to lead to an increase in inequality in almost every country at once, the first time this has happened since records began. The virus has exposed, fed off and increased existing inequalities of wealth, gender and race. Over two million people have died, and hundreds of millions of people are being forced into poverty while many of the richest – individuals and corporations – are thriving. Billionaire fortunes returned to their pre-pandemic highs in just nine months, while recovery for the world’s poorest people could take over a decade. The crisis has exposed our collective frailty and the inability of our deeply unequal economy to work for all. Yet it has also shown us the vital importance of government action to protect our health and livelihoods. Transformative policies that seemed unthinkable before the crisis have suddenly been shown to be possible. There can be no return to where we were before. Instead, citizens and governments must act on the urgency to create a more equal and sustainable world.
Topic:
Governance, Inequality, Pandemic, and COVID-19
Political Geography:
Global Focus

1182. United Nations Special Political Missions and Protection: A Principled Approach for Research and Policymaking

Author:
Daniel Forti
Publication Date:
10-2021
Content Type:
Policy Brief
Institution:
International Peace Institute
Abstract:
Independent reviews are a relatively new but increasingly popular tool. Since the practice was established in 2017, there have been nineteen independent reviews of UN peace operations. These reviews have been intended to rigorously assess the strategic orientation of peace operations while providing more political credibility than UN-led review processes. But given the diverse processes and incentives that shape them, these exercises are both analytically complex and highly political. As independent reviews have gained prominence over the past five years, reflecting on the experiences of previous reviews is necessary for improving their quality, impact, and sustainability moving forward. This paper provides a comparative analysis of the nineteen independent reviews of UN peace operations conducted between 2017 and 2021 by considering emerging trends, best practices, and lessons observed. It begins by juxtaposing the emergence of independent reviews with an increasingly fractured geopolitical landscape for UN peace operations and introducing these reviews’ distinguishing features and objectives. It then analyzes how independent reviews have unfolded in practice across seven different dimensions. The paper concludes by presenting findings about the practice and future of independent reviews and developing criteria to distinguish between UN-led and independent reviews. It also offers recommendations to the UN system, member states, and independent review teams to improve the practice: The UN system should codify independent reviews within formal UN policy, consolidate best practices, clarify roles and expectations of UN staff seconded to review teams, prioritize diversity in the composition of review teams, improve reporting on independent reviews, and establish a dedicated funding stream for independent reviews. Independent review teams should emphasize their transparency and independence, build internal and external constituencies, systematize their use of diverse research methods and approaches, and embrace the support provided by “red teams.” Member states should treat independent reviews as exceptional instead of standard, debrief team leaders following the submission of an independent review, request a formal briefing on strategic reviews and assessments, strengthen reporting requirements on the implementation of review recommendations, and provide ample time for conducting independent reviews.
Topic:
Politics, United Nations, Peacekeeping, and UN Security Council
Political Geography:
Global Focus

1183. From Female Engagement Teams to Engagement Platoons: The Evolution of Gendered Community Engagement in UN Peace Operations

Author:
Gretchen Baldwin
Publication Date:
11-2021
Content Type:
Policy Brief
Institution:
International Peace Institute
Abstract:
The military components of UN peacekeeping operations have used engagement teams (ETs) to conduct community engagement activities since at least 2015. While ETs were initially ad hoc initiatives, the UN has recently begun to institutionalize gendered community engagement, including through an ongoing shift from ETs to engagement platoons (EPs). Yet despite a general recognition that ETs have been beneficial, they have not been consistently understood or defined, making it difficult to assess how they have been used and to what effect. This policy paper fills this research gap by presenting data on the prior activities of ETs and the experiences of those deployed to them. It aims to help decision makers align policies and guidance on ETs and EPs with evidence of what has and has not worked and to establish a baseline against which EPs can be measured over time. The paper draws on extensive interviews with members of ETs and policymakers, as well as a questionnaire distributed to military peacekeepers in six peacekeeping missions. Overall, this research found broad support for the ongoing rollout of mixed-gender EPs. It concludes, however, that to effectively implement ETs and EPs, leaders in missions and in national militaries must address the institutional barriers that preclude women’s full participation in peace operations and perpetuate gendered stereotypes. Toward this end, it offers several recommendations to troop-contributing countries and the UN: Provide training on the skills required for community engagement to men and women across all levels of the military; Shift the burden for gendered community engagement off of women; Improve internal reporting and analysis by ETs and EPs; Coordinate between ETs and EPs and other mission components; Build the capacity of missions to engage with communities; and Avoid reinforcing gendered assumptions and stereotypes through the activities of ETs and EPs.
Topic:
Security, Gender Issues, United Nations, Peacekeeping, and Women
Political Geography:
Global Focus

1184. Strategic Communications in UN Peace Operations: From an Afterthought to an Operational Necessity

Author:
Jake Sherman and Albert Trithart
Publication Date:
08-2021
Content Type:
Policy Brief
Institution:
International Peace Institute
Abstract:
United Nations peace operations are increasingly recognizing strategic communications as essential to implementing their mandates and managing expectations about what they can and cannot achieve. This has led them to ramp up their communications capabilities and shift their approach away from the traditional top-down, one-way model of communication. Nonetheless, missions continue to face obstacles in realizing this approach. This issue brief analyzes the current strategic communications practice in UN peacekeeping operations and special political missions. It explores why strategic communications are increasingly important in the contexts where missions are deployed and the external and internal challenges missions face. It also identifies best practices peace operations might adopt or adapt from other parts of the UN system and related fields. The paper concludes that, while missions may need additional resources for strategic communications, what they most need is a cultural shift. Mission leaders need to see strategic communications as a core mission capacity. Strategic communications are not an operational support function, a downstream activity, or an output of a planning cycle; they are an integral part of political strategies and mandate delivery. They are not just a leadership function but a “whole-of-mission” responsibility. Strategic communications must therefore be treated as central to every phase of a UN peace operation. If missions are to succeed, strategic communications professionals should be part of their decision making, from initial planning through transition and exit.
Topic:
United Nations, Communications, Peacekeeping, Civilians, and Protection
Political Geography:
Global Focus

1185. The Road to Seoul: Previewing the 2021 UN Peacekeeping Ministerial

Author:
Daniel Forti
Publication Date:
11-2021
Content Type:
Policy Brief
Institution:
International Peace Institute
Abstract:
The UN peacekeeping ministerial process has emerged as one of the flagship vehicles through which the UN can mobilize concrete pledges of uniformed personnel, enablers, financial resources, and capacity building for peacekeeping operations. The 2021 UN peacekeeping ministerial in Seoul—the sixth ministerial since 2014—presents a valuable opportunity for member states to make pledges, focusing on four substantive areas: (1) peacebuilding and sustaining peace; (2) partnerships for capacity building and training; (3) performance and accountability; and (4) protection of civilians and safety and security. The conference also has two cross-cutting themes: technology and medical capacity building. This issue brief offers a preview of the 2021 peacekeeping ministerial in Seoul. It discusses the motivation for and evolution of the ministerial format and its value to UN peacekeeping. It also highlights the issues discussed during the four preparatory conferences in the run-up to the conference and briefly summarizes topics raised in both the UN’s official pledging guide and independent white papers commissioned by the Republic of Korea.
Topic:
United Nations, Peacekeeping, and Protection
Political Geography:
Global Focus

1186. The risks from climate change to sovereign debt in Europe

Author:
Stavros Zenios
Publication Date:
07-2021
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
The exposure of European Union sovereigns to climate risks can be acute, from extreme weather, or chronic, from the productivity effects of gradual temperature increase, increased sea levels and the transition to a low-carbon economy that results in repricing of assets. Climate-related innovations can also spur growth. These risks are priced by investors and can affect sovereign credit ratings. Governments and fiscal stability authorities have an interest in the sovereign-debt implications of climate change being transparent. To this end, we look at the exposure of EU sovereigns to climate risks, study international best practices, and describe the transmission channels from climate change to public finance. European union institutions and national fiscal authorities should mainstream climate risk analysis in public finance. Stress testing of debt dynamic requires a link between regional climate scenarios and country debt dynamics. We argue for the adoption of an architecture of narrative climate scenarios, to guide national policymaking. Narrative Scenarios can be generated using integrated assessment models. As an illustration, we apply two prominent models to generate rough bounds on the extent of the risk for Italian debt from climate change. This raises issues about the models used. Coordination by EU institutions to develop regional scenarios will ensure acceptability, raise ambitions in dealing with climate risks and encourage the fiscal authorities to think of solutions. A network for climate-proofing public finance will bring together EU and member-state institutions. We also recommend budgeting for climate expenditures and contingent liabilities, and using risk-sharing instruments, with disclosure of the risks to public finance from climate change.
Topic:
Climate Change, Government, European Union, Fiscal Policy, and Sovereign Debt
Political Geography:
Europe

1187. A new direction for the European Union’s half-hearted semiconductor strategy

Author:
Niclas Poitiers and Pauline Weil
Publication Date:
07-2021
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
A basic component in electronic devices, semiconductors are essential to the production of many products, from smartphones to cars. Securing reliable supplies of semiconductors to safeguard the production lines of a range of industries has thus become an important policy goal, especially in the context of an increasingly confrontational international environment in which high-technology leadership is also associated with military power and geopolitical reach. The semiconductor sector is highly concentrated, capital- and R&D-intensive, and particularly exposed to bottlenecks and political risks. High-end chip fabrication is centred in Asia, dominated by the duopoly of Taiwan’s TSMC and South Korea’s Samsung. In other parts of the supply chain, companies in the United States and Europe hold relative monopolies that have been leveraged for trade sanctions. The United States has taken steps to block the supply of chips and components to emerging tech giants in China, and to contain China’s ambitions of building its own cutting-edge chip production capacities. Heavy United states and Chinese investment poses a challenge to the European Union, which in response has set the goal of increasing European production beyond domestic demand. To increase its presence in this strategic and thriving sector, the EU needs a more targeted strategy that builds on its existing strengths while accommodating its relatively low domestic needs. Instead of investing public funds in a subsidy war over fabrication capacity, the EU should focus on inputs and chip design. However, no economy can hope to fully achieve independence in the sector and ensuring sustainable supply through diplomatic means should therefore also be a priority. Lastly, Europe’s small role in global semiconductor production is symptomatic of shortcomings in the European environment for high-tech innovation. These shortcomings should be addressed.
Topic:
Science and Technology, European Union, Economy, and Semiconductors
Political Geography:
China, Europe, and United States of America

1188. A green fiscal pact: climate investment in times of budget consolidation

Author:
Zsolt Darvas and Guntram Wolff
Publication Date:
09-2021
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
The additional public investment need required to meet the European Union’s climate goals is between 0.5 percent and 1 percent of GDP annually during this decade. Increasing green public investment while consolidating deficits will be a major challenge. While our simulations show that budget consolidation can be done at a moderate pace in line with EU rules if those rules are interpreted flexibly, past consolidation episodes resulted in major public investment cuts. This time, there is a need for a major increase in investment. A ‘green golden rule’ (excluding net green investment from the fiscal indicators used to measure fiscal rule compliance) is the most promising option to address this tension. Relaxing the strictness of the EU fiscal framework beyond its existing flexibility and the proposed green golden rule does not appear necessary in the next few years. The uncertain growth impact of green public spending and the risks to growth from climate change create difficult trade offs in fiscally weaker countries. In any case, better regulatory policy and a higher price on emissions should incentivise private green investment and reduce public costs. These ingredients should be combined to form a ‘green fiscal pact’.
Topic:
Climate Change, Budget, European Union, and Public Investment
Political Geography:
Europe

1189. A new integrated-value assessment method for corporate investment

Author:
Dirk Schoenmaker
Publication Date:
09-2021
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
Companies are under pressure to change their business models and become more sustainable. Corporate governance codes across Europe have introduced the term ‘long-term value creation’ to capture companies’ social responsibility. However, the concept of long-term value creation lacks tools that would enable its application. Companies still steer their investments based on outdated valuation methods, which are entirely based on financial value. The concept of integrated value would give substance to long-term value creation. Integrated value involves managing and balancing the financial, social and ecological value dimensions of companies. Impact measurement aims to capture social and ecological value alongside financial value. The first impact measurements of companies are already taking place using cost-based methods. International reporting standards have been developed to harmonise the measurement and reporting of sustainability information. But there is no guidance on how to use the impact information. This policy contribution sets out a proposal on the use of impact information to steer investment decisions. We introduce decision rules based on integrated value. These decision rules allow for the prioritisation of specific types of value, in line with a company’s purpose. A practical example shows how this new decision model can help companies improve their valuation profiles. Society expects companies to include social and environmental value in their strategies and business models in order to retain (or regain) their social license to operate. Further investment in deepening measurement and decision-making methods based on integrated value can speed up the process. The willingness of corporate executives to use these new methods will be decisive for success.
Topic:
Business, Investment, and Green Transition
Political Geography:
Global Focus

1190. Do robots dream of paying taxes?

Author:
Rebecca Christie
Publication Date:
10-2021
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
Robot taxes embody the more futuristic challenges of managing automation and legacy workers. As machines and artificial intelligence take on more roles that used to be performed by humans, policymakers and technologists are assessing the costs this transition imposes and what parts of society will pay them. A robot tax on companies that replace employees with automated systems is easy to dismiss in its most simplistic forms but should be considered in the context of managing the next industrial revolution. A robot tax is a political construction, a way to shape democratic debate around technological shifts and societal needs. It is a construct of the public debate, and as such can contribute to broader discussions about how to make sure profitable companies pay their way in the economy. The political capital of ‘replacement robot’ imagery may be useful in designing a tax framework for legacy firms making the most of new economic opportunities. It is best to consider a ‘robot tax’ as a rallying concept for targeted levies. These policies should target finance and other data-driven sectors as well as traditional manufacturing and mining automation. Policymakers should consider overall employment, specific job losses and how to assess firms that make layoffs in specific areas of their workforces. This last will be especially difficult in cases where total headcount rises, even though some generations of employees may be put out of work. Tax policy can compensate for distortions due to shifts from human-driven to capital-intensive production in specific sectors. On the revenue side, there should be appropriate expectations of what a tech tax can raise and over what period, on the scale of targeted retirement assistance or retraining programmes with measurable outcomes, not long-running cash cows. Smaller and more innovative firms should not be asked to contribute disproportionately, particularly in legacy markets that are hard to break into, and they should be eligible for waivers and exemptions. Policymakers should stress that asking producers to help pay the costs of societal change is not immediately equivalent to stifling innovation, and they should make every effort to design policies in ways that protect against this type of side effect. Finally, any new tax on employers needs to fit with broader discussions of the corporate fair share, and with taxing the most profitable parts of the economy instead of relying on workers and consumers to foot society’s bills.
Topic:
Science and Technology, Labor Issues, Business, and Digital Transition
Political Geography:
Global Focus