South-South and Triangular Cooperation in a Changing Global Landscape
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He True Aim of China in Setting up the AIIB Challenging the International Financial Tsystem Or Securing Multilateral Credibility? Author Jianmin Jin by Jianmin Jin
COVER STORY • Global Growth Strategy • 3-1 he True Aim of China in Setting up the AIIB Challenging the International Financial TSystem or Securing Multilateral Credibility? Author Jianmin Jin By Jianmin Jin The Chinese-initiative Asian Infrastructure Investment Bank (AIIB) has been generating many headlines on the economic front of late — not without justification given its impact, sizeable enough to blow a big hole in the international development financing order. There is a wide range of opinion regarding the true aim of China in taking the lead to establish the AIIB, such as challenging the international financial order, securing geopolitical influence, securing benefits for the national economy, and establishing a new facility to mediate between capital surplus countries and capital deficit countries. My conclusion after examining the economic relationship between China and the rest of the world and various information coming out of China is that the true aim of China is both economic and diplomatic/ political: the former to secure the multilateral creditworthiness that is unavailable to China on its own, the latter to “exercise cooperative influence” (neutralize the idea of “China as a threat” by providing other countries with economic benefits through economic channels). New Silk Road Vision: “Stepped-up” Version regions, infrastructure was slow to develop, and the open-door policy of the Open-Door Policy was limited in scope. Moreover, the neighboring countries there were largely developing countries, so expectations for attracting capital and The Chinese initiative to establish the AIIB is founded on a regional technology appeared slim. development strategy: the “New Silk Road” strategy, or the “One Belt But 30 years later, things have changed. -
From Poverty to Power, 2Nd Edition
PART FIVE THE inTERnaTIOnal SYSTEM WHO RULES THE WORLD? 241 THE INTERNATIONAL FINANCIAL SYSTEm 244 THE INTERNATIONAL TRADING SYSTEm 260 THE INTERNATIONAL AID SYSTEm 289 HOW CHANGE HAppENS: THE 2005 GLENEAGLES AGREEMENTS 311 INTERNATIONAL RULES AND NORMS 313 THE INTERNATIONAL SYSTEM FOR HUMANITARIAN RELIEF AND PEACE 317 HOW CHANGE HAppENS: LANDMINES, AN ARMS CONTROL SUCCESS STORY 333 CLIMATE CHANGE 335 GLOBAL GOVERNANCE IN THE TWENTY-FIRST CENTURY 351 WHO RULES THE WORLD? Global institutions such as the World Bank, the IMF, and the United Nations, transnational corporations, rich country governments, (and even interna- tional non-government organisations such as Oxfam) are sometimes viewed as the most powerful and dynamic forces in the fight against poverty and inequality. This book has argued, on the contrary, that the main actors are poor men and women and their national governments – a combination we have called active citizens and effective states. This is not to deny the power of global institutions. In tackling global poverty and inequality they can, by both action and omission, be either part of the solution or part of the problem. They can foster efforts to build an effective, accountable state and an active citizenry, or they can under- mine or even crush them. This part of the book examines those aspects of the international system most relevant to the fight against poverty and inequality, and explores how global institutions can be placed at the service of development. The web of international institutions, laws, regulations, -
South-South Cooperation: a Challenge to the Aid System?
South-South Cooperation: A Challenge to the Aid System? The Reality of Aid Special Report on South-South Cooperation 2010 The Reality of Aid South-South Cooperation: A Challenge to the Aid System? is published in the Philippines in 2010 by IBON Books, IBON Center, 114 Timog Avenue, Quezon City, 1103 Philippines [email protected] www.ibon.org Copyright @2010 by the Reality of Aid Management Committee Layout: Jennifer T. Padilla Cover Photos: unescap.com, xanthis.files.wordpress.com Printed and bound in the Philippines by IBON Foundation, Inc. All rights reserved ISBN 978-971-0483-50-1 The Reality of Aid Network The Reality of Aid (RoA) Network exists to promote national and international policies that will contribute to new and effective strategies for poverty eradication built on solidarity and equity. Established in 1993, the Reality of Aid is a collaborative non-profit initiative involving non- governmental organisations from North and South. The Reality of Aid regularly publishes reliable reports on international development cooperation and the extent to which governments, North and South, address the extreme income inequalities and structural, social and political injustices that entrench people in poverty. The Reality of Aid has been publishing its reports and Reality Checks on aid and development cooperation since 1993. The Reality of Aid Global Management Committee is made up of regional representatives of all its member-organisations. Antonio Tujan, Jr. Chairperson / Representing Asia-Pacific CSO partners IBON Foundation/Chairperson of the Steering Committee RoA-Asia-Pacific Brian Tomlinson Vice Chairperson/Representing non-European Canadian Council for International Cooperation Country CSO partners (CCIC) Vitalice Meja Representing African CSO partners Coordinator, RoA-Africa Secretariat Ruben Fernandez Representing Latin American CSO partners Asociación Latinoamericana de Organizaciones de Promoción al Desarrollo, A.C. -
Differentiation Between Developing Countries in the WTO
Differentiation between Developing Countries in the WTO Report 2004:14 E Foto: Mats Pettersson Differentiation between Developing Countries in the WTO Swedish Board of Agriculture International Affairs Division June 2004 Authors: Jonas Kasteng Arne Karlsson Carina Lindberg Contents PROLOGUE.......................................................................................................................................................... 3 EXECUTIVE SUMMARY................................................................................................................................... 5 1 INTRODUCTION ....................................................................................................................................... 9 1.1 Purpose of the study............................................................................................................................. 9 1.2 Limitations of the study ....................................................................................................................... 9 1.3 Background to the discussion on differentiation................................................................................ 10 1.4 Present differentiation between developing countries in the WTO.................................................... 12 1.5 Relevance of present differentiation between developing countries in the WTO .............................. 13 1.6 Outline of the new differentiation initiative...................................................................................... -
Review of Local and Global Impacts of Volcanic Eruptions and Disaster Management Practices: the Indonesian Example
geosciences Review Review of Local and Global Impacts of Volcanic Eruptions and Disaster Management Practices: The Indonesian Example Mukhamad N. Malawani 1,2, Franck Lavigne 1,3,* , Christopher Gomez 2,4 , Bachtiar W. Mutaqin 2 and Danang S. Hadmoko 2 1 Laboratoire de Géographie Physique, Université Paris 1 Panthéon-Sorbonne, UMR 8591, 92195 Meudon, France; [email protected] 2 Disaster and Risk Management Research Group, Faculty of Geography, Universitas Gadjah Mada, Yogyakarta 55281, Indonesia; [email protected] (C.G.); [email protected] (B.W.M.); [email protected] (D.S.H.) 3 Institut Universitaire de France, 75005 Paris, France 4 Laboratory of Sediment Hazards and Disaster Risk, Kobe University, Kobe City 658-0022, Japan * Correspondence: [email protected] Abstract: This paper discusses the relations between the impacts of volcanic eruptions at multiple- scales and the related-issues of disaster-risk reduction (DRR). The review is structured around local and global impacts of volcanic eruptions, which have not been widely discussed in the literature, in terms of DRR issues. We classify the impacts at local scale on four different geographical features: impacts on the drainage system, on the structural morphology, on the water bodies, and the impact Citation: Malawani, M.N.; on societies and the environment. It has been demonstrated that information on local impacts can Lavigne, F.; Gomez, C.; be integrated into four phases of the DRR, i.e., monitoring, mapping, emergency, and recovery. In Mutaqin, B.W.; Hadmoko, D.S. contrast, information on the global impacts (e.g., global disruption on climate and air traffic) only fits Review of Local and Global Impacts the first DRR phase. -
Outline Lecture Three: Decolonization Vs. Neocolonialism I) “A World Safe
Outline Lecture Three: Decolonization vs. Neocolonialism I) “A World Safe for Democracy”? a) Amritsar, India in 1919 i) Demonstrations against the Rowlatt Bills ii) General Reginald Dyer’s response and rationale on behalf of the British Raj (1) George Orwell’s “Shooting an Elephant” b) Versailles and China’s May Fourth Movement 1919 i) What were the catalysts behind the May Fourth Movement? ii) May Fourth’s Ambivalent relationship with the West (1) Western-inspired ideals of democracy and self-determination (2) E.g. Chen Duxiu’s New Youth c) Impetus for Social Reforms i) Many saw anti-imperialism and anti-feudalism as synonymous ii) Associated traditional China’s feudal society with gender inequality (1) Call for women’s entry into the public sphere II) Revolutionary Movements in China 1911-1949 a) Key Dates: i) 1911 Revolution–Sun Yat-sen’s overthrow of Qing (Manchu) Dynasty and founding of the Republic ii) 1919 Beginning of May Fourth Movement iii) 1926-1928 Chiang Kai-shek’s Northern Expedition and national unification iv) 1937-1945 Sino-Japanese War v) 1949 Communist take-over of the mainland under Mao Zedong; Nationalist Party under Chiang retreat to Taiwan b) Dr. Sun Yat-sen and the Founding of the Republic i) Experience and exposure of an expatriate and exile ii) Three Principles of the People (1923) (1) First Principle: Nationalism (2) Second Principle: Democracy (a) Egalitarian ideals since antiquity (i) Mencius’s justification for Gemin or “revoking the mandate” (b) Five-power Constitutional Republic (3) Third Principle: Livelihood -
Chapter 4 Agricultural Policy Reforms in Asia
Chapter 4 Agricultural policy reforms in Asia: an overview of trends, issues and challenges21 by Sisira Jayasuriya22 I. Introduction The thirtieth anniversary of the beginning of Chinese agricultural policy reforms occurs at a time when the world economy is facing the daunting challenges of what may prove to be the greatest economic downturn since the Great Depression. These developments are calling into question the globalization processes and policy reforms that in recent times facilitated the embrace of globalization and enabled rapid growth in China and other Asian economies (e.g. India and Viet Nam). In particular, there is a strong upsurge of protectionism, just when an open international trading environment and global economic cooperation have become essential to avoid a contraction of trade that could aggravate the downturn and hamper recovery. It is imperative that we look at the past to draw lessons that can help prepare for the policy challenges ahead. This paper reviews the agricultural policy reform process in the Asian region, focusing on major themes that have characterized policy reforms during the past three decades. It places the agricultural reforms in the broader setting of a strong shift towards pro-market and outward-oriented policy liberalization. Given the enormous diversity within Asia, any broad generalizations are hazardous and likely to mask pronounced intraregional differences. Nevertheless, some common elements and broad themes can be seen when looking at the region as a whole, though not all countries conform to any single generalization. This paper’s primary focus is on Asian policy developments outside of China because the Chinese experience is covered in depth in other papers. -
Trade Negotiations and Discussions in 2020 44 Agriculture
Trade 4negotiations and discussions Changes to the rules of trade require the agreement of WTO members, who must reach a decision through negotiations. A meeting of the Trade Negotiations Committee in early March 2020. 40 Trade negotiations and discussions in 2020 44 Agriculture 48 Market access for non- agricultural products 48 Services 50 Trade-related aspects of intellectual property rights (TRIPS) 51 Trade and development 52 Trade and environment 53 Rules negotiations: Fisheries subsidies, other WTO rules 56 Dispute Settlement Understanding 57 Joint initiatives 64 Informal Working Group on Trade and Gender TRADE NEGOTIATIONS AND DISCUSSIONS Trade negotiations and discussions in 2020 The COVID-19 pandemic forced COVID-19 pandemic WTO negotiating bodies to adopt a variety of formats for work, including In mid-March 2020, in line with the Swiss virtual meetings. Government’s recommendations, the then Director-General and Chair of the Trade WTO members advanced negotiations on Negotiations Committee (TNC), Roberto WTO members fisheries subsidies, although progress Azevêdo, suspended all meetings at the expressed concerns was insufficient to secure a deal in 2020. WTO, in coordination with the General about export A high degree of engagement was seen Council Chair, until the end of April because restrictions on in the agriculture negotiations. of the COVID-19 pandemic. In the months medical supplies that followed, the WTO continued its and food. The joint initiatives continued to draw meetings through a variety of formats – interest from an increasing number in-person (with limited numbers of of members in 2020. Their processes delegations), fully virtual or hybrid. remained transparent and inclusive. -
Repaving the Ancient Silk Routes
PwC Growth Markets Centre – Realising opportunities along the Belt and Road June 2017 Repaving the ancient Silk Routes In this report 1 Foreword 2 Chapter 1: Belt and Road – A global game changer 8 Chapter 2: China’s goals for the Belt and Road 14 Chapter 3: Key sectors and economic corridors 28 Chapter 4: Opportunities for foreign companies 34 Chapter 5: Unique Belt and Road considerations 44 Chapter 6: Strategies to evaluate and select projects 56 Chapter 7: Positioning for success 66 Chapter 8: Leveraging international platforms 72 Conclusion Foreword Belt and Road – a unique trans-national opportunity Not your typical infrastructure projects Few people could have envisaged what the Belt and Road However, despite the vast range and number of B&R (B&R) entailed when President Xi of China first announced opportunities, many of these are developed in complex the concept back in 2013. However, four years later, the B&R conditions, not least because they are located in growth initiative has amassed a huge amount of economic markets where institutional voids can prove to be hard to momentum.The B&R initiative refers to the Silk Road navigate. Inconsistencies in regulatory regimes and Economic Belt and the 21st Century Maritime Silk Road underdeveloped credit markets, together with weak existing initiatives. The network connects Asia, Europe and Africa, infrastructure and a maturing talent market all combine to and passes through more than 65 countries and regions with add further complexity for companies trying to deliver and a population of about 4.4 billion and a third of the global manage these projects. -
South-South Economic Cooperation: Motives, Problems and Possibilities
SOUTH-SOUTH ECONOMIC COOPERATION: MOTIVES, PROBLEMS AND POSSIBILITIES Amitava Krishna Dutt Department of Political Science University of Notre Dame Notre Dame, IN 46556, USA [email protected] December 2013 Over the last fifty years or so, and especially in the last decade or so, calls for increases in South- South economic cooperation and interaction have intensified with a view to promoting Southern development. This paper examines the main motives behind this call and the analytical approaches underlying them, discusses whether recent trends in South-South interaction have fulfilled the expectations of its advocates, and explores the possibilities that exist for increasing such cooperation and interaction for Southern development. Prepared for presentation at an URPE session on South-South economic integration and development at the ASSA meetings in Philadelphia, January 4, 2014. 0 1. Introduction Calls for greater South-South economic cooperation leading to more economic interaction between less- developed countries (which are collectively called the South) in trade, capital movements, technology transfers, and other spheres, have a fairly long history. Ever since the independence of many Southern countries, and the growing recognition that trade with more-developed countries, the North, South-South trade was advocated by many scholars and policymakers focused on Southern development. Recently there have been renewed calls for greater South-South cooperation and interaction, especially through the promotion of South-South trade and capital flows (see, for instance, Asian Development Bank, 2011, Thrasher and Najam, 2012). A great deal of effort has been expended by Southern countries to increase South-South interaction, with Southern governments playing an important role in promoting regional integration within the South. -
Working Towards a Just Peace in the Middle East
KAIROS Policy Briefing Papers are written to help inform public debate on key domestic and foreign policy issues No. 16 February 2009 What Kind of a “New” Bretton Woods will Emerge from the Crisis? John Dillon s the world undergoes the greatest financial tutions not only failed to prevent the current crisis crisis since the 1930s, political leaders of but also contributed to it by encouraging the deregu- Avarious persuasions have been talking about lation and liberalization of financial markets. convening a new Bretton Woods conference to re- The original Bretton Woods conference estab- design the global financial system. The rhetorical lished the International Monetary Fund (IMF) to calls for a new Bretton Woods sound appealing. But oversee the financial system and the International it is not at all clear whether a new, more just and Bank for Reconstruction and Development (now sustainable order will emerge. Currently minor re- known as the World Bank) to assist with post-war forms that will only shore up an unjust economic reconstruction. Over their 64 years of existence order seem more likely. these two institutions have evolved in directions In this briefing paper we shall first look at how that would not be recognizable by their founders. the monetary system established at Bretton Woods, The IMF no longer has sufficient resources to act as New Hampshire in 1944 that had achieved relative a true lender of last resort. The World Bank has stability broke down in the early 1970s and was re- strayed from its mandate of funding genuine social placed by deregulated financial markets. -
Regional Powers, Global Governance and the Relevance of BRICS
1 Regional Powers, Global Governance and the relevance of BRICS Dr. Sudip Chakraborty Associate Professor in Economics A.C. College NORTH BENGAL UNIVERSITY P.O.& Dist. JALPAIGURI WEST BENGAL INDIA-735101 E-mail: [email protected] ABSTRACT The paper justifies the optimism of new global order. The global financial crisis that had erupted in the US during 2008 battered the global economy. The disaster paved the way for rethinking on changes in the architecture of global governance. The fragile political and economic global situation triggered by the crisis led to emergence of regional power confederacy, particularly within the developing world. Consequently, the importance of Brazil, Russia, India, China, and South Africa (BRICS), within the global governance structure has gone up. The steady emergence of BRICS in global politics has been mainly based on their excellent economic performances. This development on economic front coincides with increasing cooperation and coordination and formulating common positions on global political issues. BRIC(S), as a united entity, is expected to shape global governance in the 21st century. The influence already demonstrated by these emerging nations will surely continue to redistribute the balance of power in international financial institutions in favour of developing nations. Though the future of BRIC(S) cannot be predicted with certainty, its combined efforts and the results of its meetings thus far reflect the potential of the group of emerging nations to change the existing distribution of power around the globe. Key words: global economy, regional powers, international financial institutions 2 INTRODUCTION The emergence of regional powers during the end of the last millennium seems to unsettle the current global order.