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  • Author: Alida Vračić
  • Publication Date: 03-2019
  • Content Type: Special Report
  • Institution: European Council On Foreign Relations
  • Abstract: Western Balkans governments have failed to tap the potential of their vast diaspora – six million strong – around the world. This diaspora possesses the networks, skills, and assets that Western Balkans countries need to develop and to prosper in an age of fierce economic competition. Ireland’s experience sets the standard: today’s “Global Irish” population is a networked diaspora that champions Irish interests throughout the world and has made critical contributions to Ireland’s economic miracle. To follow in Irish footsteps, the Western Balkans urgently needs to gather data, including carrying out comprehensive labour force surveys, to understand the diaspora properly and learn how best to communicate with it. The EU must help. It should introduce circular migration programmes so that educated Western Balkans citizens in EU member states return to their home countries fully equippedto make an even greater contribution than they could have done before leaving
  • Topic: International Political Economy, Brexit
  • Political Geography: Global Focus
  • Author: Wendy Cutler
  • Publication Date: 03-2019
  • Content Type: Special Report
  • Institution: Asia Society Policy Institute
  • Abstract: Tensions in U.S.-China economic and trade relations have steadily increased over the past year, leading to the imposition of tariffs and counter-tariffs impacting nearly USD $400 billion in two-way trade. At the time of writing, a negotiated solution has yet to materialize, but the two sides have continued to make progress, with a deal seemingly imminent. At the heart of the conflict are challenges posed by China’s state-led economic model, including excessive and under-reported industrial subsidies and other financial assistance, operation of state-owned enterprises (SOEs), opaque regulatory measures that advantage domestic producers, forced technology transfer, and centrally directed strategic guidance
  • Topic: International Political Economy, International Affairs
  • Political Geography: Global Focus
  • Author: Ville Sinkkonen, Mika Aaltola
  • Publication Date: 01-2018
  • Content Type: Working Paper
  • Institution: The Finnish Institute for International Affairs
  • Abstract: Donald Trump’s first year as President has been marked by continuity in US security policy, a partial challenge to the global principles of free trade, and a sea change in commitments to the liberal international order. These reflect a view of the international system as a zero-sum competitive realm.
  • Topic: International Political Economy, Political Theory, Capitalism
  • Political Geography: Global Focus
  • Author: Robert Z. Lawrence
  • Publication Date: 03-2018
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: President Trump has asserted that trade balances are a key measure of a nation’s commercial success and that large US trade deficits prove that past trade approaches have been flawed. But trade deficits are not in fact a good measure of how well a country is doing with respect to its trade policies. Many of the assumptions on which the administration’s beliefs rest are not supported by the evidence. This Policy Brief argues that trade deficits are not necessarily bad, do not necessarily cost jobs or reduce growth, and are not a measure of whether foreign trade policies or agreements with other countries are fair or unfair. Efforts to use trade policy and agreements to reduce either bilateral or overall trade deficits are also unlikely to produce the effects the administration claims they will and instead lead to friction with US trading partners, harming the people the policies claim to help
  • Topic: International Political Economy
  • Political Geography: Global Focus
  • Author: Martin Chorzempa
  • Publication Date: 02-2018
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: Formidable barriers stand between the modern financial system and the hundreds of millions of Chinese citizens still using costly informal credit. For many, the financial data that could be used to give them a credit score that would lead to a fair priced loan exist but are not being used. This analysis finds that the most difficult barriers cutting these data off from their potential use for greater financial inclusion are the legal and political restrictions on data sharing and use, economic and competitive concerns from data holders, and the technical difficulty of integrating disparate systems. Policies that encourage coordination between public authorities and private actors in finance and technology can go a long way towards making these data available and driving access to credit in China. This shift would not only help borrowers: It would also encourage the needed economic rebalancing towards consumption, increase competition in the financial sector, raise efficiency through better credit allocation, and contribute to sustainable economic growth and social welfare.
  • Topic: International Political Economy
  • Political Geography: Global Focus
  • Publication Date: 06-2018
  • Content Type: Video
  • Institution: Atlantic Council
  • Abstract: Please join us on Tuesday, June 26 from 9:00 a.m. to 11:00 a.m. for a tour of the world’s most innovative places and a discussion on what today’s technology trends mean for the future security and prosperity of the United States. During this event, we will launch a new report: The Global Innovation Sweepstakes: A Quest to Win the Future. The Atlantic Council’s Scowcroft Center for Strategy and Security, in partnership with Qualcomm, embarked on a global tour of technology hubs to determine which ones are at the cutting edges of tech-based innovation—and which are at risk of falling behind. Our researchers visited nearly a dozen countries and spoke with almost two hundred experts. Will China overtake the United States? Can Europe rise to the challenge? Why are small states often the most innovative? This new report seeks to answer these questions—and others raised by the unfolding technological revolution. It also provides policy recommendations for research and development, skills training, technology transfer, diversity, education, and more.
  • Topic: International Political Economy, Science and Technology, International Affairs
  • Political Geography: Global Focus
  • Author: Rachel Kyte
  • Publication Date: 11-2018
  • Content Type: Video
  • Institution: The Brookings Institution
  • Abstract: On the heels of a major new report from the Intergovernmental Panel on Climate Change on the rising risks of climate impacts, on November 19th Brookings hosted Rachel Kyte, CEO of Sustainable Energy for All, in conversation with David G. Victor.
  • Topic: Climate Change, International Political Economy, Climate Finance
  • Political Geography: Global Focus
  • Publication Date: 09-2018
  • Content Type: Video
  • Institution: The Brookings Institution
  • Abstract: Ten years after the lowest moments of the worst financial crisis and deepest recession in generations, former Federal Reserve Chairman Ben Bernanke and former Treasury Secretaries Tim Geithner and Hank Paulson—chief architects of the rescue that prevented a repeat of the Great Depression—look back and look ahead in an interview conducted by Andrew Ross Sorkin of the New York Times and CNBC.
  • Topic: International Political Economy
  • Political Geography: Global Focus
  • Author: Sebastian Kohl
  • Publication Date: 10-2018
  • Content Type: Commentary and Analysis
  • Institution: Max Planck Institute for the Study of Societies
  • Abstract: America’s “infatuation with homeownership” has been identified as one cause of the latest financial crisis. Based on codings of 1,809 party manifestos in 19 OECD countries since 1945, this paper addresses the question of where the political ideal to democratize homeownership came from. While conservative parties have defended homeownership across countries and time, center-left parties have oscillated between a pro-homeownership and a pro-rental position. The former occurs in Anglo-Saxon, Northern and Southern European countries, while the latter prevails among German-speaking countries. Beyond partisan effects, once a country has a majority of homeowners and parties defending homeownership, larger parties are more likely to support it. The extent of center-left parties’ support for homeownership is conditionally associated with higher homeownership rates, more encouraging mortgage regimes, and a bigger housing bubble burst after 2007. The ideational origins of the financialization of housing and private Keynesianism are, after all, not only conservative and market-liberal.
  • Topic: International Political Economy, Domestic politics
  • Political Geography: Global Focus
  • Author: Martin S. Feldstein
  • Publication Date: 09-2018
  • Content Type: Commentary and Analysis
  • Institution: Belfer Center for Science and International Affairs, Harvard University
  • Abstract: The cost to US consumers and firms imposed by tariffs on Chinese imports is not large relative to the gain that would be achieved if the US succeeds in persuading China to stop illegally taking US firms’ technology. But the Trump administration should state that this is the goal, and that the tariffs will be removed when it is met.
  • Topic: International Cooperation, International Political Economy, International Affairs
  • Political Geography: Global Focus