6.1 How Plugged in Is Africa?
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The Cornerstone of the New-Fangled Financial Institutionalism Led by China
The Belt and Road Initiative: The Cornerstone of the New-Fangled Financial Institutionalism Led by China The Belt and Road Initiative: The Cornerstone of the New-Fangled Financial Institutionalism Led by China Enrique Martínez Galán ISEG-Lisbon School of Economics and Management, University of Lisbon Asian Development Bank 6 ADB Avenue, 1550, Mandaluyong City, Metro Manila, the Philippines E-mail: [email protected] Francisco José Leandro Institute for Research on Portuguese Speaking Countries, City University of Macau Avenida Xian Xing Hai 105, Centro Golden Dragon, Room G512A, Macau SAR, People’s Republic of China E-mail: [email protected] Abstract: The debate about the benefi ts and the risks brought both to People’s Republic of China and to the other participant countries by the Belt and Road Initiative (BRI) has been gaining momentum in the academic and in the political landscapes. We argue that the BRI is the main pillar of the new fi nancial institutionalism proposed by China to redefi ne the current global fi nancial architecture and that, consequently, the initiative needs to be considered in that context. This paper (i) reviews the timeline that led to this Chinese-led new fi nancial institutionalism, (ii) proposes two theoretical frameworks to defi ne the concept of multilateral fi nancial statecraft and of new fi nancial institutionalism led by China, and (iii) enumerates the main differences and similarities observed between this new fi nancial institutionalism and the one dominated by the Bretton Woods-related institutions that gradually emerged after World War II, such as the International Bank for Reconstruction and Development, the Marshall Plan, and the Asian Development Bank. -
ESID Working Paper 07 the Politics of Aid Revisited
ESID Working Paper 07 The Politics of Aid Revisited: A Review of Evidence on State Capacity and Elite Commitment Arjan de Haan1, Ward Warmerdam2 February 2012 1 IDRC, Ottawa 2ISS, Erasmus University, The Hague ISBN: 978-1-908749-04-8 email: [email protected] Effective States and Inclusive Development Research Centre (ESID) School of Environment and Development, The University of Manchester, Oxford Road, Manchester M13 9PL, UK www.effective-states.org Abstract Based on a systematic review of the impacts of aid on both state capacity for, and elite commitment to, sustainable development, we conclude that a better understanding of the impact of aid has the potential to directly inform practices of international development. This requires better empirical insight into how donors interact with formal and informal institutions in the countries where they work, particularly in aid-dependent countries. Furthermore, it is critical to see aid as part of a spectrum of international exchange, rather than in isolation. This implies a significant research agenda, combining quantitative and in-depth qualitative analysis, as there are barriers for more informed political analysis to inform practice; and little analysis exists of how donors, even where they do start adopting a political perspective, do influence local institutions and the people they work with. The paper develops this conclusion through a review of existing large research programmes on politics of international development, the role and impact of donors political economy approaches, a scan of the literature on aid modalities, and a brief review of the practices of emerging donors, particularly China. Keywords Aid, state capacity, elite commitment, sustainable development, politics, international development, emerging donors, aid effectiveness, China. -
Here, but Provided Invaluable Assistance
Public Disclosure Authorized Climate Change and Fiscal Policy: A Report for APEC Public Disclosure Authorized Public Disclosure Authorized Office of the Chief Economist East Asia and Pacific Region Public Disclosure Authorized The currency unit is US Dollars unless mentioned otherwise. Vice President James W. Adams (EAPVP) Chief Economist and Sector Director, Vikram Nehru (EASPR) PREM and FP, EAP Task Team Leader and Lead Ahmad Ahsan (Office of the Chief Economist Economist and EASPR) Preface This report was prepared as part of the APEC Finance Ministers‘ Policy Initiatives of 2008. Under this initiative, the World Bank was asked to prepare studies on the current state of economic policies concerning climate change and recommendations for strengthening these policies. This is one of the background studies which have been prepared. The background studies and a synthesis report based on these studies were presented to APEC bodies such as the Senior Finance Officials Meetings in September 22, 2010. The final versions are being tabled at the Finance Ministers‘ meetings in November, 2010. The authors of the report are Stephen Howes and Leo Dobes from the Australian National University. Other members of the report team are introduced on the next page. Ahmad Ahsan, Lead Economist, Office of the Chief Economist, East Asia and Pacific Region, World Bank provided much practical help and guidance throughout the preparation of this report. Carter Brandon, Lead Environmental Specialist in the Beijing Office of the World Bank, helped with regard to research on China. Other World Bank staff, especially in the Vietnam and China offices, assisted in various ways in the course of the preparation of the report. -
2008 Public Disclosure Authorized ABCDE
45490 2008 Public Disclosure Authorized ABCDE Annual World Bank Conference on Development Economics Regional Public Disclosure Authorized Higher Education and Development Public Disclosure Authorized Edited by Justin Yifu Lin and Public Disclosure Authorized Boris Pleskovic abcd_i-viii.qxd 8/7/08 8:59 PM Page i Higher Education and Development abcd_i-viii.qxd 8/7/08 8:59 PM Page ii abcd_i-viii.qxd 8/7/08 8:59 PM Page iii Annual World Bank Conference on Development Economics—Regional 2008 Higher Education and Development Edited by Justin Yifu Lin and Boris Pleskovic Washington, D.C. abcd_i-viii.qxd 8/7/08 8:59 PM Page iv © 2008 The International Bank for Reconstruction and Development / The World Bank 1818 H Street, N.W. Washington, D.C. 20433, U.S.A. Internet: www.worldbank.org E-mail: [email protected] All rights reserved 1 2 3 4 5 10 09 08 This volume is the product of the staff of the International Bank for Reconstruction and Development / The World Bank. The findings, interpretations, and conclusions expressed in this volume do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judg- ment on the part of The World Bank of the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this publication is copyrighted. -
Rethinking International Institutions: a Global South Agenda
RETHINKING INTERNATIONAL INSTITUTIONS: A GLOBAL SOUTH AGENDA Centre for Global Governance and Policy Jindal School of International Affairs & Jindal Global Law School O.P. Jindal Global University “JSIA will make a signal contribution to scholarship and training in India in the area of International Affairs. The vision of its founders, the quality of its faculty and the careful design of its programs of study all make this an institution with the highest potential. I am honored to serve on JSIA’s Board of International Advisers.” Beth Simmons Director of the Weatherhead Center for International Affairs and Clarence Dillon Professor of International Affairs, Harvard University. “There are many asymmetries of capability in this increasingly globalized but highly unequal world. For universities and social science scholarship, one of the most immediate asymmetries is in higher education: not enough scholars are educated in the rapidly growing developing countries, familiar with their conditions and reflecting their distinctive perspectives. If the Jindal School of International Affairs helps to alleviate this asymmetry, it will be a very important institution indeed.” Robert O. Keohane Professor of International Affairs, Woodrow Wilson School of Public and International Affairs, Princeton University. “JSIA is an important intervention in India’s higher education system by bringing in a much-needed social science focus. This School will enhance knowledge about Africa, Latin America and the Caribbean in India and play a pivotal role in re-energising South-South cooperation, which requires rigorous intellectual exchange and action in the context of a changing world order.” Horace Campbell Professor of Political Science and African American Studies, Maxwell School of Citizenship and Public Affairs, Syracuse University. -
The World Bank and China
The World Bank and China Over the past 20 years, China achieved both an extraordinary decline in poverty and high levels of education and health status. In 1978, China was among the world's poorest countries, with 80 percent of the population having incomes of less than US$1 a day and only a third of all adults able to read or write. By 1998, the proportion of the population with incomes less than US$1 a day had declined to about 12 percent, life expectancy was an enviable 70 years, and illiteracy among 15 to 25 year-olds was about 7 percent. A gradual introduction of economic reforms launched the growth process and rapid structural change that dramatically transformed the face of China and reduced the incidence of poverty. Official figures put the growth of China's per capita real Gross Domestic Product (GDP) at an annual average of 8 percent during 1978-96. Over that period, per capita income doubled every ten years, faster than almost any country in recent history. When growth began to slacken in 1997 with the regional financial downturn and the effects of China's accelerating financial and industrial restructuring, the Government adopted an appropriate program of domestic demand stimulus. The stimulus package—largely using monetary policy and domestic bond issues for infrastructure development and technology upgrading in key industries—kept the economy growing at 7.8 percent in 1998 and 7.1 percent in 1999. Economic performance in the year 2000 promises to maintain the rebound, with 8.2 percent growth in the first half of the year, surging exports and contracted foreign direct investment, and a 20 percent increase in tax revenues compared to the previous year. -
China's 40 Years of Reform and Development: 1978–2018
CHINA’S 40 YEARS OF REFORM AND DEVELOPMENT 1978–2018 Other titles in the China Update Book Series include: 1999 China: Twenty Years of Economic Reform 2002 China: WTO Entry and World Recession 2003 China: New Engine of World Growth 2004 China: Is Rapid Growth Sustainable? 2005 The China Boom and its Discontents 2006 China: The Turning Point in China’s Economic Development 2007 China: Linking Markets for Growth 2008 China’s Dilemma: Economic Growth, the Environment and Climate Change 2009 China’s New Place in a World of Crisis 2010 China: The Next Twenty Years of Reform and Development 2011 Rising China: Global Challenges and Opportunities 2012 Rebalancing and Sustaining Growth in China 2013 China: A New Model for Growth and Development 2014 Deepening Reform for China’s Long-Term Growth and Development 2015 China’s Domestic Transformation in a Global Context 2016 China’s New Sources of Economic Growth: Vol. 1 2017 China’s New Sources of Economic Growth: Vol. 2 The titles are available online at press.anu.edu.au/publications/series/china-update-series CHINA’S 40 YEARS OF REFORM AND DEVELOPMENT 1978–2018 Edited by Ross Garnaut, Ligang Song and Cai Fang SOCIAL SCIENCES ACADEMIC PRESS (CHINA) Published by ANU Press The Australian National University Acton ACT 2601, Australia Email: [email protected] Available to download for free at press.anu.edu.au ISBN (print): 9781760462246 ISBN (online): 9781760462253 WorldCat (print): 1042816554 WorldCat (online): 1042816575 DOI: 10.22459/CYRD.07.2018 This title is published under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0). -
Policy Note on Integrated Flood Risk Management Key Lesson Learned and Recommendations for China
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Strategy Resources Partnership China CountryWater WATER PARTNERSHIP PROGRAM PARTNERSHIP WATER THE WORLDBANK (2013-2020) China Country Water Resources Partnership Strategy © 2013 The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this work is subject to copyright. Because The World Bank encourages dissemination of its knowledge, this work may be reproduced, in whole or in part, for noncommercial purposes as long as full attribution to this work is given. Any queries on rights and licenses, including subsidiary rights, should be addressed to the Office of the Publisher, The World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2422; e-mail: [email protected]. Table of Contents ACKNOWLEDGMENTS ..................................................................................................................VII -
CLR Review Independent Evaluation Group
CLR Review Independent Evaluation Group 1. CAS/CPS Data Country: China CAS/CPS Year: FY13 CAS/CPS Period: FY13 – FY17 CLR Period: FY13 – FY17 Date of this review: November 20, 2019 2. Ratings CLR Rating IEG Rating Development Outcome: Satisfactory Satisfactory WBG Performance: Good Good 3. Executive Summary i. This review of the World Bank Group’s (WBG) Completion and Learning Review (CLR) covers the period of the Country Partnership Strategy (CPS), FY13-17, as updated in the Performance and Learning Review (PLR) dated January 6, 2015. The PLR extended the CPS period by six months to the end of calendar year 2016. ii. China, with a population of 1.4 billion, is an upper middle- income country with a GNI per capita of $8,690 in 2017. During 2013-2017, the economy grew annually at 7.1 percent on average, slower than the previous CPS period of 11.0 percent. A long period of economic growth put pressure on the environment and raised serious sustainability challenges. China is now contributing around 30 percent to the world’s GHG emissions, partly because it is the largest consumer of carbon for electricity. Significant gains in poverty reduction continued during the CPS period. Absolute poverty, measured at $1.90 per day (2011 PPP), dropped from 1.9 percent in 2013 to 0.5 percent in 2018. Poverty and vulnerability in China are concentrated in rural areas and lagging regions in Central and Western China. The welfare of the bottom 40 percent of the income distribution has increased steadily. The Gini coefficient dropped to .46 in 2015 after having risen to a high of .5 in 2008. -
Growth and Welfare in China and India
A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics de Haan, Arjan Working Paper The social policies of emerging economies: Growth and welfare in China and India Working Paper, No. 110 Provided in Cooperation with: International Policy Centre for Inclusive Growth (IPC-IG) Suggested Citation: de Haan, Arjan (2013) : The social policies of emerging economies: Growth and welfare in China and India, Working Paper, No. 110, International Policy Centre for Inclusive Growth (IPC-IG), Brasilia This Version is available at: http://hdl.handle.net/10419/101111 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially -
UGANDA ASSESSMENT April 2001 Country Information and Policy Unit
UGANDA ASSESSMENT April 2001 Country Information and Policy Unit 1 CONTENTS I SCOPE OF DOCUMENT 1.1 - 1.5 II GEOGRAPHY 2.1 - 2.3 Economic background 2.4 - 2.10 III HISTORY 3.1 - 3.27 IV INSTRUMENTS OF THE STATE Security 4.1 - 4.7 Constitution 4.8 - 4.12 Judiciary 4.13- 4.18 Military Service 4.19 Security Forces 4.20 - 4.27 Prisons 4.28- 4.32 Health and Social Welfare 4.35 Education 4.36- 4.41 V HUMAN RIGHTS A: INTRODUCTION 5.1 - 5.6 Refugees 5.7 Human Rights Monitoring 5.8 -5.9 B: GENERAL ASSESSMENT 5.10-5.13 Uganda Human Rights Commission 5.14 C: SPECIFIC GROUPS 5.15-5.18 Acholi 5.19-5.27 Children 5.28-5.33 Women 5.34-5.38 Female Genital Mutilation 5.39 Disabilities 5.40 Homosexuals 5.41 D: OTHER ISSUES Freedom of Religion 5.42-5.45 Movement for the Restoration of the Ten 5.46-5.50 Commandments of God Freedom of Speech 5.51-5.53 Media Freedom 5.54-5.57 Freedom of Association 5.58-5.62 Freedom of Movement 5.63 Internal Flight 5.64 VI REBEL GROUPS Lord's Resistance Army (LRA) 6.1 -6.4 Aims of the LRA 6.5 -6.9 UPDF and LRA adherents 6.10-6.12 Allied Democratic Forces (ADF) 6.13-6.17 West Nile Bank Front (WNBF) 6.18 Uganda National Rescue Front (UNRF II) 6.19 National Army/Union for the Liberation of 6.20-6.21 Uganda (NALU/NULU) 2 Miscellaneous new groups 6.22-6.23 ANNEX A: Prominent people ANNEX B: Political Parties ANNEX C: Rebel Movements ANNEX D: Chronology ANNEX E: Glossary ANNEX F: Bibliography 3 I. -
Politics and the PRSP Approach: Uganda Case Study
Working Paper 240 Politics and the PRSP Approach: Uganda Case Study Laure-Hélène Piron with Andy Norton March 2004 Overseas Development Institute 111 Westminster Bridge Road London SE1 7JD UK Studies in the series: WP237: Politics and the PRSP Approach – Synthesis Paper, Laure-Hélène Piron with Alison Evans, 2004, ISBN 0 85003 717 4 WP238: Politics and the PRSP Approach – Bolivia Case Study, David Booth with Laure-Hélène Piron, 2004, ISBN 0 85003 718 2 WP239: Politics and the PRSP Approach – Georgia Case Study, Kate Hamilton, 2004, ISBN 0 85003 719 0 WP240: Politics and the PRSP Approach – Uganda Case Study, Laure-Hélène Piron with Andy Norton, 2004, ISBN 0 85003 720 4 WP241: Politics and the PRSP Approach – Vietnam Case Study, Tim Conway, 2004, ISBN 0 85003 721 2 ISBN 0 85003 720 4 © Overseas Development Institute 2004 All rights reserved. Readers may quote from or reproduce this paper, but as copyright holder, ODI requests due acknowledgement. ii Contents Acknowledgements iv Acronyms v Executive summary vi 1. Introduction 1 2. The Political Context 3 2.1 The nature of the Ugandan state 3 2.2 The current political system 6 2.3 The sustainability of the political system 9 2.4 Conclusion 11 3. The effectiveness of the PEAP 13 3.1 The PEAP and related instruments 13 3.2 Three ‘projects for poverty reduction’ 15 3.3 Political leadership 16 3.4 Domestic technical commitment 17 3.5 The international project 21 3.6 Conclusion 22 4. The effect of the PEAP on political development 23 4.1 Civil society 23 4.2 Parliament 26 4.3 Decentralisation 28 4.4 Justice, law and order 31 4.5 National security 33 4.6 Conclusion 37 5.