The Political Economy of Internal Conflict
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The U.S.-Colombia Free Trade Agreement: Economic and Political Implications
Order Code RL34470 The U.S.-Colombia Free Trade Agreement: Economic and Political Implications May 1, 2008 M. Angeles Villarreal Specialist in International Trade and Finance Foreign Affairs, Defense, and Trade Division The U.S.-Colombia Free Trade Agreement: Economic and Political Implications Summary Implementing legislation for a U.S.-Colombia Free Trade Agreement (CFTA) (H.R. 5724/S. 2830) was introduced in the 110th Congress on April 8, 2008 under Title XXI (Bipartisan Trade Promotion Authority Act of 2002) of the Trade Act of 2002 (P.L. 107-210). The House leadership considered that the President had submitted the implementing legislation without sufficient coordination with the Congress, and on April 10 the House voted 224-195 to make certain provisions in § 151 of the Trade Act of 1974 (P.L. 93-618), the provisions establishing expedited procedures, inapplicable to the CFTA implementing legislation (H.Res 1092). The CFTA is highly controversial and it is currently unclear whether or how Congress will consider implementing legislation in the future. The agreement would immediately eliminate duties on 80% of U.S. exports of consumer and industrial products to Colombia. An additional 7% of U.S. exports would receive duty-free treatment within five years of implementation and all remaining tariffs would be eliminated within ten years after implementation. The agreement also contains provisions for market access to U.S. firms in most services sectors; protection of U.S. foreign direct investment in Colombia; intellectual property rights protections for U.S. companies; and enforceable labor and environmental provisions. The United States is Colombia’s leading trade partner. -
Sierra Leone
Report of the Implementation of the Least Developed Countries (LDC) Programme of Action 2011-2020 Sierra Leone I. EXECUTIVE SUMMARY ..................................................................................................... 2 II. INTRODUCTION ........................................................................................................... 3 III. THE NATIONAL DEVELOPMENT PLANNING PROCESS ................................... 3 IV. ASSESSMENT OF PROGRESS AND CHALLENGES IN THE IMPLEMENTATION OF THE ISTANBUL PROGRAMME OF ACTION FOR THE DECADE 2011-2020 ............................................................................................................ 5 V. COHERENCE AND LINKAGES WITH THE 2030 AGENDA AND OTHER GLOBAL PROCESSES ..................................................................................................... 19 VI. TOWARDS THE NEXT LDC AGENDA .................................................................. 20 VII. STATISTICAL ANNEX .................................................................................................... 22 1 I. EXECUTIVE SUMMARY The Republic of Sierra Leone comprises five regions – North, North West, East, South and Western Regions consisting of sixteen administrative districts, namely: Bo, Bombali, Bonthe, Falaba, Kailahun, Kambia, Karene, Kenema, Koinadugu, Kono, Moyamba, Port Loko, Pujehun, Tonkolili, Western Rural and Western Urban. Sierra Leone is bordered by Guinea to the north and northeast, Liberia to the south and southeast, and the Atlantic Ocean to the west. -
World Bank Document
APPENDIX III No. E llla RESTRICTED Public Disclosure Authorized This report is restricted to use within the Bank. INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT •Public Disclosure Authorized RECENT DEVELOPMENTS IN THE ECONOMY OF COLOMBIA October 19, 1950 •Public Disclosure Authorized Public Disclosure Authorized Economic Department Prepared by: Jacques Torfs COLOMBIA ESSEa~IAL STATISTICS Area: 450. 000 square mile s. Populat_ion (1949): 10.5 million. Rate of increase: 2.1% per annum. Currency: Unit: Peso. furfty: 1 .. 95 pesos equals US$. (51.3 cents equals peso). Trade: I Impo rt s 1948: ( c • i . f • ) US$ 346.0 million. Imports 1949: (c.i.f.) uS$ 252.0 million. E&Ports 1948: (f.o.b.) uS$ 286.0 million. Exports 1949: (f.o.b.) US$ 303.0 million • Budget: • --TOtal expendi tures 1948: Ps.$ 427 million. Total expenditures 1949: Ps.$ 449 million Total revenues 1948: Ps.$ 339 million~ Total reV'enues f949": PS.$ 403 million. External Debt: (IJec. 31, 1949) (including undi sbursed commitment) Principal, National Bonded Debt: .. : - US$ 47.9 million. (of '~hich Sterling bonds US$ 6.2 million) Prlncipal, otnel' National: US$ 56.1 million. (including Exim-IBRD) llipartmental and 1:".nicipal, ~ong-term debt: US$ 42.2 million. E.xport-Impo;·~ Bank Debt: (Sept. 30, 1950) Authorized (not including past operat ions) : uS$ 54.1 million. • Disbursed: US$ 36.9 million. "OUtstanding: US$ 2203 million. Balance not yet di sbursed: US$ 17.2 million, Co st-of-L1 vinE; I ndex: (Raga ta) (FeD. 1937 equals 100) December, 1948~ 285 Y December, 191.~9: 304 July, 1950: 386 Tot a1 Gol d and Exchange Be serve s: December, 1948: US$ 88 million. -
Governance and Political Economy Constraints to World Bank CAS Priorities in Sierra Leone
Governance and Political Economy Constraints to World Bank CAS Priorities in Sierra Leone James A. Robinsony October 2008 I am greatly indebted to Mohamed Gibril Sesay without whose assistance and wisdom I would never have been able to undertake this research. Most of the ideas I discuss here formed during discussions with him. I am also particularly indebted to Ishac Diwan who suggested and facilitated this research and most important challenged me to make it ambitious. I would also like to thank Doug Addison, Juan Costain, Engilbert Gud- mundsson, and Nicola Smithers for their suggestions and all of the people who gave so generously of their time in Freetown, Bo and Koidu. The views expressed in this paper are my own and not those of the World Bank Group. yHarvard University, Department of Government, IQSS, 1737 Cambridge Street N309, Cambridge, MA 01238; e-mail: [email protected]. Abstract In this paper I discuss the political economy of Sierra Leone and how it should in‡uence the World Bank’sCountry Assistance Strategy (CAS). The main focus of the research is to try to understand the extent to which the perverse political incentives which drove the country into poverty and civil war between 1961 and 1991 have re-asserted themselves since the return of peace in 2002. This question is made particularly compelling by the return to power in 2007 of the All People’sCongress Party, who presided over the decline of the country. My preliminary conclusion is that while there are some obvious changes in the political environment, appeal remains in the political strategies which were so costly to the nation and some new forces which have emerged have potentially perverse consequences. -
Report on the Status of Youth in Sierra Leone
SIERRA LEONE STATUS OF THE YOUTH REPORT 2012 Table of Contents Table of Contents. .............................................................................................................................. i List of Acronyms. .............................................................................................................................. iii Definitions of Terminologies. ............................................................................................................ v Foreword .......................................................................................................................................... vi Preface. ............................................................................................................................................ vii Executive Summary ......................................................................................................................... viii List of Figures ................................................................................................................................. xviii List of Tables ....................................................................................................................................xix List of Boxes ...................................................................................................................................... xx 1. OVERVIEW .............................................................................................................................. 1 1.1 BACKGROUND/INTRODUCTION -
Economic Growth, Institutions, and the Natural Resource Curse in Sierra Leone: an Empirical Investigation
International Journal of Business and Social Science Vol. 7, No. 5; May 2016 Economic Growth, Institutions, and the Natural Resource Curse in Sierra Leone: an Empirical Investigation Chernor Momodu Bah China University of Geosciences Master's Degree Student Lumo Street – Wuchang 430074 - Wuhan – Hubei PR – China Abstract This paper empirically investigates the existence of the resource curse in Sierra Leone through looking at the relationship between economic growth and resource dependence. The study adopted a Barrow-type growth model to analyze the effect of natural resource dependence on economic growth. A time series approximation technique was employed using relevant data from Sierra Leone from 1975-2014. The results from the time series regressions found a positive relationship between the rate of economic growth and natural resource dependence. This means that, the findings of this paper rejected the resource curse hypothesis in the Sierra Leone context relative to the data and method (time series analysis) employed. The findings suggests that a 1% increase in total natural resources rents (% of GDP), as a proxy of resource dependence, improves the economic growth of the country by approximately 9% in the long run. To this end, the government should endeavor to improve the means and methods of collecting natural resources rents to boost the economy of the country, hence economic development and the standard of living of the people in the country. Keywords: Economic Growth, Institutions, Natural Resources, Resource Curse 1.1 Introduction For the past several years, the relationship between economic growth and natural resources abundance has been a subject of debate and a renewed interest in this subject emerged in the 1990s. -
2003-08 the Interface Between Domestic and International Factors in Colombia's War System.Pdf
Working Paper Series Working Paper 22 The Interface Between Domestic and International Factors in Colombia’s War System Nazih Richani Netherlands Institute of International Relations ‘Clingendael’ Conflict Research Unit August 2003 Netherlands Institute of International Relations ‘Clingendael’ Clingendael 7 2597 VH The Hague P.O. Box 93080 2509 AB The Hague Phone number: # 31-70-3141950 Telefax: # 31-70-3141960 Email: [email protected] Website: http://www.clingendael.nl/cru © Netherlands Institute of International Relations Clingendael. All rights reserved. No part of this book may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the copyright holders. Clingendael Institute, P.O. Box 93080, 2509 AB The Hague, The Netherlands. ã Clingendael Institute 3 Table of Contents Foreword 5 Abbreviations 7 I. Introduction 9 II. Multinational Corporations and the War System’s Economy 11 2.1. Multinationals and the Guerrillas 13 2.2. Multinational Corporations and the State 14 2.3. Multinationals and the Paramilitaries: Autodefensas Unidas de Colombia (AUC, the United Self-Defences of Colombia) 14 III. International-Regional Networks and Commodities Fuelling the Internal Conflict 17 3.1. Narcotrafficking 17 3.2. The State Hegemonic Crisis and Narcotrafficking 20 3.3. Ransom/Kidnapping, Gold, Emeralds and the Arms’ Trade 22 3.4. Colombia’s Conflict and the Regional Nexus 25 3.5. The United States’ Policy: ‘Plan Colombia’ and the ‘War on Terrorism’ 27 IV. International Trade Regimes and Colombia’s War System 29 4.1. The Drug Prohibition Regime and Money Laundering 29 4.2. -
Essays on the Political Economy of Development
The London School of Economics and Political Science Essays on the Political Economy of Development Luis Roberto Mart´ınezArmas A thesis submitted to the Department of Economics of the London School of Economics for the degree of Doctor of Philosophy, London, March 2016. 1 Declaration I certify that the thesis I have presented for examination for the PhD degree of the London School of Economics and Political Science is solely my own work other than where I have clearly indicated that it is the work of others (in which case the extent of any work carried out jointly by me and any other person is clearly identified in it). The copyright of this thesis rests with the author. Quotation from it is permitted, provided that full acknowledgement is made. This thesis may not be reproduced without my prior written consent. I warrant that this authorisation does not, to the best of my belief, infringe the rights of any third party. I declare that my thesis consists of approximately 47,301 words. Statement of Conjoint Work I confirm that Chapter 2 was jointly co-authored with Juan Camilo C´ardenas, Nicol´asDe Roux and Christian Jaramillo. I contributed 25 % of this work. 2 Abstract The present collection of essays studies some of the ways in which the interaction of economic and political forces affects a country's development path. The focus of the thesis is on Colombia, which is a fertile setting for the study of the political economy of development given its long-lasting internal conflict, the multiple reforms to the functioning of the state that have taken place in the last decades and the availability of high quality sub-national data. -
Promoting High-Level Sustainable Growth to Reduce Unemployment in Africa List Price: USD $ 40.00 List Price: ISBN: 978-92-1-125113-5 African Union
Economic Report on Africa 2010 Economic Commission for Africa African Union Due to the global financial crisis, the world economy contracted by 2.2 per cent in 2009, but there are signs that it has begun to stabilize. GDP growth in Africa declined from 4.5 per cent in 2008 to 1.6 per cent in 2009 and is expected to rise to 4.3 per cent in 2010. Despite the decrease in world commodity prices, primary commodity exports remain the major driver of growth in Africa. The global economic downturn exacerbated the already high unemployment rates and reduce sustainable unemployment high-level growth to in Africa Promoting vulnerable employment in Africa. Unemployment rates remained high and increasing especially among vulnerable groups in Africa even during the last decade of relatively high growth, making it difficult for the continent to reduce poverty. Africa’s high and growing unemployment rates stem from both supply and demand sources, including rapidly growing labour supply owing to high population growth rates, increased Economic Report on labour participation and slow growth in labour demand as economic growth has been both insufficient and dependent on capital-intensive enclave sectors with low employment elasticity Africa 2010 In the aftermath of the crisis, African countries should pursue policies that counter the effects of the recession and at the same time lay the foundation for long-term, high-level, Promoting high-level sustainable growth sustainable and employment-focused growth. Besides a comprehensive development to reduce unemployment in Africa planning framework that embodies well-designed and implemented macroeconomic and sectoral strategies, this requires appropriate investment in infrastructure, human capital, improved domestic resource mobilization, factor market reforms, incentives to support private sector employment, and efforts to increase productivity. -
Plan Colombia: Illegal Drugs, Economic Development, and Counterinsurgency – an Econometric Analysis of Colombia’S Failed War
This is the accepted manuscript of an article published by Wiley in Development Policy Review available online: https://doi.org/10.1111/dpr.12161 Accepted version downloaded from SOAS Research Online: https://eprints.soas.ac.uk/31771/ Plan Colombia: Illegal Drugs, Economic Development, and Counterinsurgency – An Econometric Analysis of Colombia’s Failed War Abstract: This article examines the socioeconomic effects of the illegal drug industry on economic and social development in Colombia. It shows that illegal drugs have fostered violence and have had a negative effect on economic development. This article also shows that the anti-drug policy Plan Colombia has been a rather ineffective strategy to decrease drug production, generate economic development, and reduce violence. Since this study includes both, a statistical analysis of the effects violence and illegal drugs have on the economic growth of Colombia, as well as an enhanced evaluation of the policy programme Plan Colombia, it fills the gap between existing empirical studies about the Colombian illegal drug industry and analyses of Plan Colombia. 1. Introduction In many Latin American countries there is an on-going discussion on how to tackle the economic, social and political problems that are caused not only by the illegal drug industry itself but much more by the policies that focus on repressing production and trafficking of illegal drugs. The need to reform international drug policy and change the strategy in the war on drugs was publicly emphasised by a report of the Latin American Commission on Drugs and Democracy (2009). Led by three former Latin American presidents and the Global Commission on Drugs and Democracy, the report recognised that the war on drugs in many Latin American countries has failed (Campero et al., 2013). -
World Bank Document
RESTRICTED UJ copy Report No. AW-3a This report was prepared for use within the Bank and its affiliated organizations. Public Disclosure Authorized They do not accept responsibility for its accuracy or completeness. The report may not be published nor may it be quoted as representing their views. INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION Public Disclosure Authorized THE CURRENT ECONOMIC POSITION AND PROSPECTS OF SIERRA LEONE Public Disclosure Authorized February 28, 1969 Public Disclosure Authorized Western Africa Department CURRENCY EQUIVALENTS 1 Leone US $ 1. 20 1 dollar = LE 0. 833 THE CURRENT ECONOVC POSITION AND PROSPECTS OF SIERRA LEONE TABLE OF CONTENTS Page No. BASIC DATA SUMMKARY AND CONCLUSIONS - iii I. The Economy of Sierra Leone 1 A. Introduction 1 B. Structure of the Economy 2 C. Agriculture 4 D. Hining 6 E. Manufacturing 7 II. Recent Performance in the Monetary Sectors 9 A. Growth and Investment 9 B. Balance of Payments 11 C. Public Sector Finance 13 Central Government 13 Public Corporations 15 D. Money Supply and Domestic Credit 16 E. The 1967/68 Stabilization Effort 17 III. Economic Prospects 21 A. The Future Direction of Sierra Leone's Development Effort 21 B. A Projection of Central Government Development Expenditure 25 C. Financing Requirements 29 D. Organizing for Development 32 E. Exports and Balance of Payments 33 STATISTICAL APPENDIX ANTL: Some Notes on Sierra Leone's Experience with iedium-Term Suppliers' and Contractorst Credits HAP This report is based on the findings of a mission, consisting of Eessrs. Loreto Dominguez and Werner Hammel, which visited Sierra Leone in May and June, 1968. -
THE IMPACT of COFFEE PRODUCTION on the ECONOMY of COLOMBIA By
University of South Carolina Scholar Commons Senior Theses Honors College 5-5-2017 The mpI act of Coffee rP oduction on the Economy of Colombia Luke Alexander Ferguson Follow this and additional works at: https://scholarcommons.sc.edu/senior_theses Part of the International Business Commons Recommended Citation Ferguson, Luke Alexander, "The mpI act of Coffee Production on the Economy of Colombia" (2017). Senior Theses. 153. https://scholarcommons.sc.edu/senior_theses/153 This Thesis is brought to you by the Honors College at Scholar Commons. It has been accepted for inclusion in Senior Theses by an authorized administrator of Scholar Commons. For more information, please contact [email protected]. THE IMPACT OF COFFEE PRODUCTION ON THE ECONOMY OF COLOMBIA By Luke Alexander Ferguson Submitted in Partial Fulfillment of the Requirements for Graduation with Honors from the South Carolina Honors College May 2017 Approved: Dr. Robert Gozalez Director of Thesis Dr. Hildy Teegen Second Reader Steve Lynn, Dean For South Carolina Honors College FERGUSON: THE IMPACT OF COFFEE IN COLOMBIA 2 I. ABSTRACT This senior thesis seeks to determine the impact that the level of coffee production in Colombia has on economic wellbeing in the country. As a proxy for economic wellbeing in different arenas, I look at the income, health, and education variables of GDP, infant mortality rate, and secondary education enrollment. I use a Two-Stage Least Squares regression model to estimate this impact, with lagged international coffee prices and the occurrence of the fungal plant disease coffee leaf rust as instruments to account for endogeneity. The data which I use in this project include country-level indicators from the World Bank and monthly coffee production quantities from Colombia’s National Federation of Coffee Growers.