Counterfactual aid evaluation: when what you see may not be what you're getting Prowse, Martin; Cabral, Lidia Published in: Europe's World 2010 Link to publication Citation for published version (APA): Prowse, M., & Cabral, L. (2010). Counterfactual aid evaluation: when what you see may not be what you're getting. Europe's World, 140-143. 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LUND UNIVERSITY PO Box 117 221 00 Lund +46 46-222 00 00 Download date: 07. Oct. 2021 Counterfactual aid evaluation: when what you see may not be what you're getting Prowse, Martin Philip; Cabral, Lidia Published in: Europe's World Publication date: 2010 Citation for published version (APA): Prowse, M., & Cabral, L. (2010). Counterfactual aid evaluation: when what you see may not be what you're getting. Europe's World, (14), 140-143. Download date: 21. maj. 2015 Europe’sWorld SPRING 2010 | #14 | E12 THE ONLY EUROPE-WIDE POLICY JOURNAL Defence cooperation Soren Gade Jensen ”Home-grown” terrorism Thomas de Maizière Enlargement’s ills Mart Laar | Heather Grabbe Jobs strategy Mariano Rajoy € versus $ Charles Wyplosz U.S.-EU tensions Kurt Volker After ”Hopenhagen” Steen Gade Nick Mabey Arab democracy Khaled Hroub Fair trade Peter Lilley , Paul Tucker IENSTBIER OTHER A UTHORS: INTERNATIONAL MATTHEW LEVITT, PATRICK MESSERLIN, ´I D I Rˇ ANUTA VESSELA TCHERNEVA, DEISY VENTURA SECURITY & DEFENCE , J , D , ¸ ´IA ERVIS ILKKA LAITINEN, HUGO MACPHERSON, JEAN-PIERRE MAULNY, DICK URR ALNIETE D G ZANDEE EUROPE KATINKA BARYSCH, HIDO BISˇˇCEVIC´, MOJMÍR K EZA EMAL NGEL , R HAMPL, GILLES SAINT-PAUL, CONSTANZE STELZENMÜLLER , K , , A ANDRA ERRY SUSTAINABLE EUROPE KNUT H. ALFSEN, NICK -F AIANU , S AHBUBANI , D RASSONI ISANI MABEY DEVELOPING WORLD LÍDIA CABRAL, F M P OSEN Leszek BalcerowiczANIEL | P , ECKHARD DEUTSCHER, MOSES M. IKIARA, SCHINGER , JEAN , D ONICA ISHORE DAM ÜRK I , A T MARTIN PROWSE, ROGER RIDDELL ARAB Global governance, M , K YBERG ERGSTEN N ANILO WORLD ABDULLAH BAABOOD, ALON B ARS Robert HutchingsOLFGANG | Iain, L BeggÖTTERING, D RED ROZDIAK P BEN-MEIR, NATHAN J. BROWN, D ARAGANOV , W K ERT HIXUE ERHOFSTADT EZZEDINE CHOUKRI FISHERE, -G S V ILLIAM ÜBNER OGHADAMANS UY CLAIRE SPENCER Pascal LamyAND |C.W F H SERGEI M H JIANG G EUROPE'S WORLD GLOBAL GOVERNANCE SNAPSHOT he search is on for 'global governance' predominantly the IMF, World Bank and the UN solutions to the world's economic and and its agencies – and their answers revealed Tpolitical problems. The trouble is, of some wide differences of approach. course, that there's not much agreement across Europe or around the world on what sort More than four-fifths of the panellists want IMF of policy instruments, institutions and rules reform, for example, with two-thirds wanting would open the way to a fairer international that immediately. But only a quarter or so think system serving the needs of North and South, the nature of its reform should be 'radical'. The East and West while avoiding the pitfalls that picture was broadly similar for the World Bank led to the global crisis. and the UN Security Council, and also for the G20 where 70% of our panellists wanted to see To take a snapshot of the main areas of agreement reform, but with only 17% envisaging sweeping and disagreement, Europe's World has consulted changes of one sort or another. some 50 leading figures as contributors to this issue's special section on global governance. The The panel was also asked about some of the new opinions they put forward – some in the form of global governance mechanisms that have been full-length articles, others in shorter comments mooted. Almost four-fifths backed the creation and others still in their replies to an array of of an international climate change agency, and questions – show that while there is consensus there were small majorities of 58% and 62% in some areas there are strong disagreements respectively for a carbon tax global coordination that stand in the way of a common European authority and an international financial derivatives position on global governance, let alone a unified and hedge funds authority. approach amongst the international community. The section on global governance highlights On the principle of global governance as a different strands of thinking on what is perhaps credible and effective mechanism, WTO chief the most important policy issue of today. But it’s Pascal Lamy opens our special section with a also a microcosm of the efforts of Europe’s World warning that coherence and credibility will be to create healthy and constructive debate on the major challenges. But he agrees with British many policy challenges that face us in Europe expert Iain Begg that Europe's half-century of and elsewhere. progressive and enlightened integration gives the EU the experience and authority that could enable Europeans to shape much of the form and content of global governance. Giles Merritt But European consensus on where we go from Editor-in-chief here is far from certain. About half of the Geert Cami Europe's World contributors to the special section Publisher constituted a panel representing very different areas of expertise and nationalities who were asked their views on the degree and urgency of reform to existing international institutions – Spring 2010 Europe’s World | 1 Football belongs to everyone, everywhere UEFA is building thousands of mini-pitches across Europe, creating new public spaces for young people to play. With UEFA, football means solidarity. We redistribute the revenues from our competitions to all levels of the sport, amateur and professional. TABLE OF CONTENTS Section 1 INTERNATIONAL ■ The 'Obama effect' has been to lay bare deep transatlantic tensions by Kurt Volker Commentary by Vessela Tcherneva.............................................. 8 ■ How the rich OECD nations should handle the emerging giants by Patrick Messerlin Commentary by Deisy Ventura................................................. 14 ■ What Europe can do to secure a deal with Iran by Matthew Levitt ............. 20 SECURITY & DEFENCE ■ It’s high time the EU and NATO worked shoulder to shoulder by Soren Gade Jensen 26 ■ How governments should compensate for defence spending cuts by Dick Zandee 30 ■ Only a European re-think can tackle home-grown terrorism by Thomas de Maizière Commentary by Hugo MacPherson.................................................... 34 ■ Europe is ready for a common borders policy by Ilkka Laitinen Commentary by Jean-Pierre Maulny................................................... 40 GLOBAL GOVERNANCE ■ Global governance is a challenge for democracy (but an EU opportunity) by Pascal Lamy ............................................................ 48 ■ Global governance could take a leaf from the EU’s book by Iain Begg ........ 53 ■ The Europe's World panel on global governance ........................... 57 Plus contributions from C. Fred Bergsten, Daniel Daianu, Kemal Dervis¸, Jirˇí Dienstbier, William Drozdiak, Monica Frassoni, Angel Gurría, Danuta Hübner, Wolfgang Ischinger, Sandra Kalniete, Sergei A. Karaganov, Kishore Mahbubani, Reza Moghadam, Jean Pisani-Ferry, Hans-Gert Pöttering, Jiang Shixue, Danilo Türk, Guy Verhofstadt. ...... 60 ■ Worldwide reform means engaging public opinion first by Leszek Balcerowicz Commentary by Adam S. Posen ....................................................... 70 ■ Why U.S.-EU economic co-operation holds the key to global governance by Robert Hutchings........................................................ 76 ■ Ending boom and bust: The case for macroprudential instruments by Paul Tucker Commentary by Lars Nyberg .................................................. 80 Section 2 EUROPE ■ Why the euro is not on course to dislodge the dollar by Charles Wyplosz ......... 86 ■ A jobs plan for Spain (and Europe too) by Mariano Rajoy Brey Commentary by Gilles Saint-Paul .............................................. 90 ■ Taking stock of EU enlargement’s successes and failures by Mart Laar Commentary by Katinka Barysch .............................................. 94 ■ We've got to get the EU’s Balkans enlargement back on track by Heather Grabbe Commentary by Hido Bišcˇevic´ ................................................ 100 ■ Why Germany looks set to go on punching below its weight by Constanze Stelzenmüller ................................................ 104 ■ The EU is making a big mistake on banking supervision by Mojmír Hampl ....... 108 Spring 2010 Europe’s World | 3 Doing more with less. 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