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  • Author: Hardeep.S Puri
  • Publication Date: 02-2017
  • Content Type: Research Paper
  • Institution: Carnegie Endowment for International Peace
  • Abstract: India faces significant challenges in the area of trade policy— the global economic slowdown, increasing protectionism, the stalled mega-trade deals that could in time be revived, and perhaps more important, its own domestic preoccupations. For India to achieve its policy objectives, the government and industry, particularly the manufacturing sector, must prepare for opportunities and greater engagement in an evolving multilateral trade arena. India’s priorities should include taking policy measures to conform to global standards and supporting the World Trade Organization (WTO) to relaunch multilateral negotiations.
  • Topic: International Trade and Finance, Global Markets, Global Political Economy
  • Political Geography: India
  • Author: Gil Feiler, Hayim Zeev
  • Publication Date: 04-2017
  • Content Type: Research Paper
  • Institution: The Begin-Sadat Centre for Strategic Studies (BESA)
  • Abstract: Under the leadership of Sheikh Hamad al-Thani (1995-2013), Qatar established itself as a regional mini superpower. It launched and subsidized the global media giant Al Jazeera, poured billions into its unrivalled liquefied natural gas infrastructure, made a successful bid for the 2022 FIFA World Cup, and diversified its economy through international acquisitions by its Qatari Investment Authority. This newfound wealth emboldened the emirate to attempt to broaden its diplomatic profile and extend its influence. And it is in this sphere that its maverick foreign policy, which at times spanned the world’s most fraught ideological lines, has led to increased tensions with its immediate neighbors and some unequivocal diplomatic disasters.
  • Topic: Diplomacy, International Trade and Finance, Global Political Economy
  • Political Geography: Middle East
  • Author: Ramon Pacheco Pardo
  • Publication Date: 09-2017
  • Content Type: Research Paper
  • Institution: Korean Economic Institute (KEI)
  • Abstract: In the aftermath of the Global Financial Crisis, the multilayered international financial governance regime has been strengthened. In East Asia, this regime includes an ASEAN+3 regional layer designed to complement – rather than replace – the global layer. This regional layer has three goals: crisis prevention, crisis management and resolution, and market strengthening. The Chiang Mai Initiative Multilateralization (CMIM), ASEAN+3 Macroeconomic Research Office (AMRO), and Economic Review and Policy Dialogue (ERPD) are the key institutions in the areas of crisis prevention, management, and resolution. South Korea has become increasingly central to this regional financial governance regime over the past few years. Seoul was crucial to the setting up of CMIM, holds top management positions in AMRO, and is involved in the ERPD dialogue process. Three key reasons explain Korea’s centrality
  • Topic: International Political Economy, International Trade and Finance
  • Political Geography: Korea
  • Author: Yanfei Li, Shigeru Kimura
  • Publication Date: 12-2016
  • Content Type: Research Paper
  • Institution: Economic Research Institute for ASEAN and East Asia (ERIA)
  • Abstract: The research is divided into four interdependent research clusters. Clusters 1 and 2 apply case studies on the BIMP countries (Brunei-Indonesia-Malaysia-Philippines) using different methods. Cluster 1, led by the Institute of Energy Economics, Japan, conducts dynamic linear programming model to simulate the development of power infrastructure, interconnection, and exchange of power in this subregion of ASEAN. It emphasises the economic rationale and feasibility of electricity market integration in the region. Cluster 2, led by the Brunei National Energy Research Institute, focuses on the regulatory, institutional, and technical barriers in BIMP, and develops a road map to solve these issues. This study thus gives some insight regarding regional specific barriers or issues for other regions based on an established understanding of the common issues in principle from previous studies. Cluster 3 is conducted jointly by the Economic Research Institute for ASEAN and East Asia and the Energy Research Institute at Nanyang Technological University. The study mainly refers to the Nordic and European cases of electricity market integration and analyses both their business models and overall market design for grid interconnection and cross-border trading of electricity. In doing so, the study eventually tries to deliver implications on the possible business model and market design for ASEAN. The Cluster 4 study, carried out by a researcher from the University of Western Australia, discusses political and institutional barriers to the formation of an integrated ASEAN electricity market and derives several practical strategies in addressing such barriers as policy implications.
  • Topic: Economics, International Trade and Finance, Business
  • Political Geography: Southeast Asia
  • Author: Ken Koyama, Ichiro Kutani, Yanfei Li
  • Publication Date: 10-2016
  • Content Type: Research Paper
  • Institution: Economic Research Institute for ASEAN and East Asia (ERIA)
  • Abstract: Energy demand in many East Asia Summit countries is on an upward trend, thus making the role of natural gas in energy supply increasingly important from various aspects. Yet the market for liquefied natural gas (LNG) is in transition in terms of geographical and quantitative expansion, diversification of price formations, and lower oil and gas prices. In order to balance benefits between importers and exporters and to find workable solutions for developing a sustainable LNG market in various energy situations in importing and exporting countries, the LNG market players and policymakers are encouraged to enhance their efforts to create a more flexible, transparent, and sustainable LNG market in Asia. Whereas the private sector is mainly responsible for commercial deals, the public sector is encouraged to support in improving business environment to develop a better-functioning LNG market especially in terms of flexibility, price formation, and gas supply security, and in securing necessary investments.
  • Topic: Energy Policy, International Trade and Finance
  • Political Geography: Southeast Asia
  • Author: Cristina Juan Carrion, Leman Orujova
  • Publication Date: 09-2016
  • Content Type: Research Paper
  • Institution: Center for Economic and Social Development (CESD)
  • Abstract: The trade relations between Azerbaijan and the European Union are a substantial part of enhancing economic and political relations among both parties. Recent years have been characterized by an expansion of the trade volume between two parties; the EU turned out to be Azerbaijan’s biggest trade partner, in terms of both imports and exports. Moreover, trade in services and foreign direct investment relations were also on rise. On the other hand, Azerbaijan is one of the main energy suppliers of the European Union among European Neighborhood countries and is a key partner to guarantee energy security.
  • Topic: International Trade and Finance
  • Political Geography: Azerbaijan