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11931. Policy Brief 1: Building Capacity for Development of Factoring in Africa to accelerate trade development and support AfCFTA

Author:
The African Capacity Building Foundation
Publication Date:
03-2021
Content Type:
Policy Brief
Institution:
The African Capacity Building Foundation (ACBF)
Abstract:
This Policy Brief developed by the African Capacity Building Foundation (ACBF) and the African Export–Import Bank (Afreximbank) explores the opportunities offered by factoring which provides a solution to address the financing gap for Small and Medium enterprises (SMEs) to support Africa’s structural transformation particularly in trade development as part of the African Continental Free trade Agreement (AfCFTA). The aim of the Policy Brief is to examine the capacity imperatives for the development and use of factoring as an innovative trade financing tool to advance the AfCFTA. The Policy Brief notes that Africa performance in the factoring market needs to improve significantly based on a number of key indicators – such as share in global factoring, including international factoring, innovation such as reverse factoring, number of factoring companies, turn-over per factoring companies and factoring GDP penetration. The Policy Brief also highlights that Africa’s factoring volume of about US$27 billion representing a share representing a share of 0.84% in the global factoring market of approximately US$3,300 billion a year in 2019 is extremely low. It therefore argues that Africa needs a coordinated approach to capacity development to successfully develop and use factoring.
Topic:
Development, Economic Growth, Trade, and Banking
Political Geography:
Africa

11932. Factoring in Africa to support trade development: Challenges and opportunities for growth through capacity development.

Author:
The African Capacity Building Foundation
Publication Date:
01-2021
Content Type:
Working Paper
Institution:
The African Capacity Building Foundation (ACBF)
Abstract:
This occasional paper is about factoring, known as the selling or transferring of accounts receivable to secure funds that are immediately available. The process provides a solution to address the financing gap for Small and Medium Enterprises (SMEs) to support trade development as part of the African Continental Free Trade Agreement (AfCFTA) and Africa’s structural transformation agenda. The study is based on an extensive review of the literature and an analysis of secondary data from FCI database and other materials collected on factoring to identify key issues, trend, progress, drivers, and barriers affecting factoring in leading African countries. The paper shows that factoring represents an alternative source of financing for African businesses to increase intra-African trade under the AfCFTA. Other findings include low Africa’s share in global factoring and growth rate in factoring, and low factoring GDP penetration rates of leading African countries. The paper notes that Africa’s performance in the factoring market needs to improve significantly based on a number of key indicators. However, factoring activities are projected to reach US$50 billion by 2025 in Africa with a number of small-sized factoring companies emerging in other African countries. For this to be achieved, a coordinated approach to capacity development is needed to address the barriers identified.
Topic:
Development, Finance, Economic Growth, and Trade
Political Geography:
Africa

11933. Chinese Nationalism and the “Gray Zone”: Case Analyses of Public Opinion and PRC Maritime Policy

Author:
Andrew Chubb
Publication Date:
05-2021
Content Type:
Research Paper
Institution:
China Maritime Studies Institute, U.S. Naval War College
Abstract:
This volume examines the role of popular nationalism in China’s maritime conduct. Analysis of nine case studies of assertive but ostensibly nonmilitary actions by which the People’s Republic of China (PRC) has advanced its position in the South and East China Seas in recent years reveals little compelling evidence of popular sentiment driving decision-making. While some regard for public opinion demonstrably shapes Beijing’s propaganda strategies on maritime issues, and sometimes its diplomatic practices as well, the imperative for Chinese leaders to satisfy popular nationalism is at most a contributing factor to policy choices they undertake largely on the basis of other considerations of power and interest. Where surges of popular nationalism have been evident, they have tended to follow after the PRC maritime actions in question, suggesting instead that Chinese authorities channeled public opinion to support existing policy.
Topic:
Foreign Policy, Nationalism, Public Opinion, Military Affairs, Navy, Maritime, and Oceans and Seas
Political Geography:
China

11934. China's Belt and Road: Implications for the United States

Author:
Jennifer A. Hillman and David Sacks
Publication Date:
03-2021
Content Type:
Special Report
Institution:
Council on Foreign Relations
Abstract:
The Belt and Road Initiative (BRI), Chinese President Xi Jinping’s signature foreign policy undertaking and the world’s largest infrastructure program, poses a significant challenge to U.S. economic, political, climate change, security, and global health interests. Since BRI’s launch in 2013, Chinese banks and companies have financed and built everything from power plants, railways, highways, and ports to telecommunications infrastructure, fiber-optic cables, and smart cities around the world. If implemented sustainably and responsibly, BRI has the potential to meet long-standing developing country needs and spur global economic growth. To date, however, the risks for both the United States and recipient countries raised by BRI’s implementation considerably outweigh its benefits. BRI was initially designed to connect China’s modern coastal cities to its underdeveloped interior and to its Southeast, Central, and South Asian neighbors, cementing China’s position at the center of a more connected world. The initiative has since outgrown its original regional corridors, expanding to all corners of the globe. Its scope now includes a Digital Silk Road intended to improve recipients’ telecommunications networks, artificial intelligence capabilities, cloud computing, e-commerce and mobile payment systems, surveillance technology, and other high-tech areas, along with a Health Silk Road designed to operationalize China’s vision of global health governance.1 Hundreds of projects around the world now fall under the BRI umbrella.
Topic:
International Trade and Finance, Infrastructure, Hegemony, Conflict, Belt and Road Initiative (BRI), and Regionalism
Political Geography:
China, Asia, North America, and United States of America

11935. Congressional Perspectives on U.S. Policy Toward North Korea and Denuclearization of the Korean Peninsula

Author:
Kelsey Davenport and Julia Masterson
Publication Date:
08-2021
Content Type:
Special Report
Institution:
Arms Control Association
Abstract:
Addressing the threat posed by North Korea’s nuclear weapons is one of the most significant and complex challenges facing the United States. Developing, implementing, and sustaining a verifiable diplomatic process that reduces risk and rolls back Pyongyang’s nuclear weapons program requires a whole of government approach, including constructive contributions from members of the U.S. Congress. While crafting and implementing such an approach will be the prerogative of the Executive Branch, the role that Congress can play in supporting or hindering such a process should not be overlooked. Congress has used an array of tools to put in place conditions for negotiations, express its support or opposition to administration policy, and implement coercive measures toward North Korea designed to punish Pyongyang for its violations of international law and stymie its weapons development efforts. Using survey data and in-depth interviews from the late months of 2020, this report provides insight into how Congress views the North Korean nuclear threat and U.S. approaches to engaging with Pyongyang. More clarity into Congressional views and attitudes may lead to more effective policymaking.
Topic:
Security, Arms Control and Proliferation, Diplomacy, Military Strategy, and Denuclearization
Political Geography:
Asia, South Korea, North Korea, North America, and United States of America

11936. Freeing Fiscal Space: A human rights imperative in response to COVID-19

Author:
Ignacio Saiz
Publication Date:
01-2021
Content Type:
Commentary and Analysis
Institution:
Institute for Development and Peace
Abstract:
Of the many dimensions of inequality that the COVID-19 pandemic has magnified, inequality between countries is one of the most glaring, yet one of the least effectively addressed. While the pandemic’s immediate health impacts have been felt in countries across all income levels, its eco- nomic consequences have been particularly dev- astating in countries of the Global South. Fuelling these inequalities is the disparity of resources that countries count on to respond to the crisis. International cooperation has never been more essential to address this disparity and enable all countries to draw on the resources they need to tackle the pandemic and its economic fallout. Besides the provision of emergency financial support, wealthier countries and international financial institutions (IFIs) need to cooperate by lifting the barriers their debt and tax policies and practices impose on the fiscal space of low- and middle-income countries. As this article explores, such cooperation is not only a global public health imperative. It is also a binding human rights obli- gation. Framing it as such could play an impor- tant role in generating the accountability and political will that has so far been sorely lacking.
Topic:
Fiscal Policy, Public Health, Pandemic, and COVID-19
Political Geography:
Global Focus

11937. Digital Technologies, Peacebuilding and Civil Society

Author:
Julia-Silvana Hofstetter
Publication Date:
01-2021
Content Type:
Special Report
Institution:
Institute for Development and Peace
Abstract:
The wide availability of digital technologies is increasingly impacting the work of peacebuilders, altering both peacebuilding practices and conflict dynamics. The malicious use of technology – from the weaponization of social media to digital authoritarianism and cyberattacks – poses new threats to peaceful societies and urges peacebuilders to consider new fields of action in cyberspace. However, digitalization has also brought major innovations to the work of peacebuilders, establishing a new field of practice, ‘digital peacebuilding’. Many of the innovative uses of peace technologies – for conflict prevention, transformation and reconciliation – have been driven by civil society organizations, who are at the forefront of addressing the rising threat of digital conflict drivers, too. This report provides an overview of the opportunities and challenges digital technologies create for peacebuilders, discusses how they alter the role of civil society, and proposes future directions for the digital peacebuilding agenda.
Topic:
Civil Society, Science and Technology, Cybersecurity, Peace, and Digitization
Political Geography:
Global Focus

11938. Wartime Violence, Collective Grievances and Post-Conflict Protests

Author:
Roman Krtsch
Publication Date:
01-2021
Content Type:
Special Report
Institution:
Institute for Development and Peace
Abstract:
The immediate aftermath of civil wars is a period prone to heightened contention: Political decisions about the distribution of aid or power, for example, can deepen social fault lines and in some instances even result in violent unrest. Yet despite its relevance, our knowledge on the drivers for individual participation in post-conflict contentious activism remains limited. Previous research has found particularly wartime experiences to affect political and social behaviour of individuals in the post-conflict period. Based on these findings, I argue that exposure to civil war violence increases the likelihood for individuals to participate in post-war protests. Moreover, I conjecture that this effect can be explained with the reinforcement of group-based grievances. Using survey data from the Afrobarometer collected shortly after the end of the Ugandan civil war in 2008, I find support for the argument: Results from linear probability models show a consistent and robust relationship between county-level war violence and the likelihood to participate in protests. An additional analysis with a novel measure of group-level exposure and a causal mediation analysis furthermore corroborate the assumed mechanism.
Topic:
Conflict, Protests, Violence, and Post-Conflict
Political Geography:
Uganda and Africa

11939. How not to Globalise IR: ‘Centre’ and ‘Periphery’ as Constitutive of ‘the International’

Author:
Pinar Bilgin
Publication Date:
06-2021
Content Type:
Journal Article
Journal:
Uluslararasi Iliskiler
Abstract:
Scholars who adopted de-centring as a strategy for globalising IR have embraced the notions of ‘centre’ and ‘periphery’ to highlight structural inequalities between North America and Western Europe and the rest of the world in the production of knowledge about world politics. In doing so, however, de-centring IR scholarship has portrayed the ‘periphery’ as if it is a new entrant to the ‘international’. Yet, such a presumption is not in the spirit of globalising IR, which views the periphery as the ‘constitutive outside’. By re-visiting the 1970s’ centre-periphery approaches, the paper highlights the limitations of the de-centring approaches insofar as they have not always been attentive to the critical concerns of earlier theorisations about ‘centre’ and ‘periphery’, and underscores the need for studying the periphery as ‘constitutive outside’. The periphery is ‘outside’ by virtue of having been left out of those mainstream narratives that the centre tells about the international; it is also ‘constitutive’ because those ideas, practices, and institutions that are typically ascribed to the ‘centre’ have been co-constituted by centre and periphery in toto.
Topic:
International Relations, Hegemony, International Relations Theory, Centralization, and Periphery
Political Geography:
Global Focus

11940. Buddhism and the Question of Relationality in International Relations

Author:
Kosuke Shimizu
Publication Date:
06-2021
Content Type:
Journal Article
Journal:
Uluslararasi Iliskiler
Institution:
International Relations Council of Turkey (UİK-IRCT)
Abstract:
Relationality seems to have attracted a broader audience in international relations (IR) in the last decade. Unlike other approaches of the relational turn that concentrate more on analyzing or stabilizing the international order, the Buddhist theory of IR is mainly concerned with the political practice of the liberation and healing of people. In this article, I will illustrate how Mahāyāna Buddhist teachings can contribute to IR by using case studies. The cases to investigate include the Okinawa base issue, Denmark’s ‘light in the darkness’, and South Korea-Japan diplomatic relations.
Topic:
Religion, Ethics, International Relations Theory, and Buddhism
Political Geography:
Japan, Europe, Asia, South Korea, and Denmark