Download or read book Changing Global Linkages A New Cold War written by Ms. Gita Gopinath and published by International Monetary Fund. This book was released on 2024-04-05 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global linkages are changing amidst elevated geopolitical tensions and a surge in policies directed at increasing supply chain resilience and national security. Using granular bilateral data, this paper provides new evidence of trade and investment fragmentation along geopolitical lines since Russia’s invasion of Ukraine, and compares it to the historical experience of the early years of the Cold War. Gravity model estimates point to significant declines in trade and FDI flows between countries in geopolitically distant blocs since the onset of the war in Ukraine, relative to flows between countries in the same bloc (roughly 12% and 20%, respectively). While the extent of fragmentation is still relatively small and we do not know how longlasting it will be, the decoupling between the rival geopolitical blocs during the Cold War suggests it could worsen considerably should geopolitical tensions persist and trade restrictive policies intensify. Different from the early years of the Cold War, a set of nonaligned ‘connector’ countries are rapidly gaining importance and serving as a bridge between blocs. The emergence of connectors has likely brought resilience to global trade and activity, but does not necessarily increase diversification, strengthen supply chains, or lessen strategic dependence.
Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Download or read book Mexico written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2024-11 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic activity is decelerating, and inflation pressures are receding. The fiscal deficit is expected to register a substantial increase in 2024. Mexico maintains sizable buffers, a strong external position, and effective financial oversight. A range of supply-side reforms will be needed to catalyze lasting higher growth.
Download or read book Euro Area Policies written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2024-07-30 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: The euro area economy has been resilient in the face of multiple, large shocks, including the pandemic, Russia’s gas shut-off, and fallout from the war in Ukraine. Nonetheless, the adverse shocks have had persistent effects which shape economic prospects. Energy-intensive industries, in particular, have struggled to adjust to higher input costs and continue to underperform. Despite subdued overall activity, employment growth remains robust. Inflation has declined significantly from its late-2022 peak in response to the ECB’s policy tightening and the decline in commodity prices.
Download or read book Global Trends 2025 A Transformed World written by Office of the Director of National Intelligence (U.S.) and published by Government Printing Office. This book was released on 2013-08-15 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: NIC 2008-003. November 2008. Global Trends 2025 is the fourth installment in the National Intelligence Council-led effort to identify key drivers and developments likely to shape world events a decade or more in the future. It offers a fresh look at how key global trends might develop over the next 15 years to influence world events. The primary goal is to provide US policymakers with a view of how world developments could evolve, identifying opportunities and potentially negative developments that might warrant policy action.
Download or read book Policies to Foster Green FDI written by Ms. Florence Jaumotte and published by International Monetary Fund. This book was released on 2024-10-08 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Meeting COP28 goals requires a substantial increase in clean energy investment by 2030, including in emerging market and developing economies (EMDEs). Amid domestic financial constraints, foreign direct investment (FDI) could play a key role in EMDEs’ ability to close their renewable energy investment gap and finance green projects, more broadly. This Note finds that strengthening climate policies boosts FDI into renewable energy in EMDEs, especially in those with solar power potential, while less clear effects are found for FDI into EVs and green hydrogen possibly due to their recent emergence. Closing the average climate policy gap with respect to AEs could secure 40 percent of the private finance needed for renewable energy investment in EMDEs, helping overcome the impact of high financing costs. Strengthening the macro-structural framework, such as through improving trade and capital account openness and institutional quality, would also raise green FDI inflows, complementing climate policies. Case studies show that countries that attracted FDI into renewable energy put in place a large and diverse set of policies in the electricity sector, including those that secure a revenue stream for investors in the initial phases, such as power-purchase agreements/feed-in tariffs, renewables targets, and complementary investments. Countries that successfully attracted FDI into EVs relied on the development of national sectoral strategies including production and adoption subsidies, prior comparative advantage in the sector, and bilateral alliances with key players in the EV market. Finally, comprehensive national hydrogen strategies that leverage international efforts to boost production, and good conditions for production of renewable energy, were key drivers of green hydrogen FDI. Global initiatives such as the Just Energy Transition Partnerships and the EU strategy for green hydrogen are benefitting FDI to EMDEs.
Download or read book World Economic Outlook April 2024 written by International Monetary and published by International Monetary Fund. This book was released on 2024-04-16 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest World Economic Outlook reports economic activity was surprisingly resilient through the global disinflation of 2022–23, despite significant central bank interest rate hikes to restore price stability. Risks to the global outlook are now broadly balanced compared with last year. Monetary policy should ensure that inflation touches down smoothly, while a renewed focus on fiscal consolidation is needed to rebuild room for budgetary maneuver and to ensure debt sustainability. Structural reforms are crucial to revive medium-term growth prospects amid constrained policy space.
Download or read book Indonesia written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2024-08-07 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: Indonesia’s growth remains strong despite external headwinds. Inflation is firmly in the target range and the financial sector is resilient. The authorities have been pursuing an ambitious growth agenda to reach high-income status by 2045. This comprises public spending, institutional reforms, and Industrial Policy (IP). Risks are broadly balanced. Key downside risks include persistent commodity price volatility (e.g., from geopolitical shocks), an abrupt slowdown in Indonesia’s key trading partners, or adverse spillovers from tighter-for-longer global financial conditions. On the domestic side, a weakening of long-standing sound macro-fiscal frameworks could hamper policy credibility. On the upside, stronger-than-anticipated growth in trading partners or faster disinflation in AEs could prop up growth while deep structural reforms would raise growth over the medium term.
Download or read book People s Republic of China written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2024-08-30 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: People’s Republic of China: Selected Issues
Download or read book External Sector Report 2024 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2024-07-12 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: This year’s report provides the external sector assessment of 30 of the world’s largest economies on the basis of their 2023 data. With tight monetary policy conditions in key advanced economies continuing in 2023, the US dollar remained strong in 2023 and early 2024 by historical standards, while other reserve currency movements have been mixed. Net capital inflows to emerging market and developing economies recovered slightly from the lows experienced in 2022 but remained negative in 2023. Gross inflows and outflows in emerging markets declined, however. Against this background, the global current account balance (defined as the cross-country sum of absolute values of current account) narrowed significantly in 2023, while the excess global current account balance (in excess of the current account norms) has remained broadly unchanged relative to 2022. The report also analyzes the historical pattern in the external sector implications of energy price swings. Energy-importing countries are exposed to adverse effects of negative oil supply shocks but can adopt several policy measures to soften the impact. Possible implications of the clean energy transition and the evolving correlation between the oil price and US dollar are discussed. Lastly, the report contains external sector assessments of individual economies, which are based on a wide range of methods including a multilaterally consistent model of current accounts.
Download or read book Knowledge Diffusion Through FDI Worldwide Firm Level Evidence written by Mr. JaeBin Ahn and published by International Monetary Fund. This book was released on 2024-07-12 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the impact of Foreign Direct Investment (FDI) on knowledge diffusion by analyzing the effect of firm-level FDI activities on cross-border patent citations. We construct a novel firm-level panel dataset that combines worldwide utility patent and citations data with project-level greenfield FDI and crossborder mergers and acquisitions (M&A) data over the past two decades, covering firms across 60 countries. Applying a new local projection difference-indifferences methodology, our analysis reveals that FDI significantly enhances knowledge flows both from and to the investing firms. Citation flows between investing firms and host countries increase by up to around 10.6% to 13% in five years after the initial investment. These effects are stronger when host countries have higher innovation capacities or are technologically more similar to the investing firm. We also uncover knowledge spillovers beyond targeted firms and industries in host countries, which are particularly more pronounced for sectors closely connected in the technology space.
Download or read book The Politics of Linkage written by Brian Bow and published by University of British Columbia Press. This book was released on 2009 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent tensions over the war in Iraq and ballistic missile defence triggered alarm in Canada about whether or not the United States might be prepared to make coercive linkages between issues to force changes to Canadian policies. And subsequent proposals for closer collaboration have raised questions about whether Canada is compelled to get closer to the US in order to avoid being trampled by it. The Politics of Linkage looks closely at four major bilateral disputes between the two countries to show that - contrary to some reports - the US did not resort to coercive issue-linkages. The author explains US restraint in relations with Canada, and its shifting bases over time, drawing attention to the unique social and institutional context of Canada-US bargaining. This book sheds light on one of the fundamental controversies in Canada-US relations, with important implications for every aspect of Canadian foreign and domestic policies. It is essential reading not only for students and practitioners of Canada-US relations, but also for anyone interested in Canadian politics, American foreign policy, or international diplomacy. -- Description from http://www.booktopia.com.au (Jan. 25, 2012).
Download or read book China in International Society Since 1949 written by Y. Zhang and published by Springer. This book was released on 1998-10-05 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a reinterpretation of China's international relations since 1949. Employing the notion and theory of international society, it offers a systematic examination of China's unique relationship with the society of states from its alienation in the 1950s and the 1960s to its political socialisation and economic integration in the 1980s and the 1990s. It explores how such a unique relationship has shaped and is likely to shape Chinese foreign policy. This book provides an entirely new perspective for our understanding of forces influencing Chinese foreign policy behaviour.
Download or read book Targeted Development written by Sarah Bermeo and published by Oxford University Press. This book was released on 2018-01-15 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a globalizing world, the world's wealthiest nations have found it increasingly difficult to insulate themselves from the residual impacts associated with underdevelopment abroad. Many of the ills associated with, and exacerbated by, underdevelopment cannot be confined within national borders. In Targeted Development, Sarah Blodgett Bermeo shows how wealthy states have responded to this problem by transforming the very nature of development policy. Instead of funding development projects that enhance human well-being in the most general sense, they now pursue a "targeted" strategy: advocating development abroad when and where it serves their own interests. In an era in which the ideology of "globalism" is in decline, targeted development represents a fundamental shift toward a realpolitik approach to foreign aid. Devising development plans that ultimately protect and benefit industrialized donor states now drives the agenda, while crafting effective solutions for deep-seated problems in the neediest nations is increasingly an afterthought.
Download or read book Governing Arctic Change written by Kathrin Keil and published by Springer. This book was released on 2016-12-09 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores the governance of the transforming Arctic from an international perspective. Leading and emerging scholars in Arctic research investigate the international causes and consequences of contemporary Arctic developments, and assess how both state and non-state actors respond to crucial problems for the global community. Long treated as a remote and isolated region, climate change and economic prospects have put the Arctic at the forefront of political agendas from the local to the global level, and this book tackles the variety of involved actors, institutional politics, relevant policy issues, as well as political imaginaries related to a globalizing Arctic. It covers new institutional forms of various stakeholder engagement on multiple levels, governance strategies to combat climate change that affect the Arctic region sooner and more strongly than other regions, the pros and cons of Arctic resource development for the region and beyond, and local and trans-boundary pollution concerns. Given the growing relevance of the Arctic to international environmental, energy and security politics, the volume helps to explain how the region is governed in times of global nexuses, multi-level politics and multi-stakeholderism.
Download or read book Globalization and Environmental Challenges written by Hans Günter Brauch and published by Springer Science & Business Media. This book was released on 2008-01-23 with total page 1141 pages. Available in PDF, EPUB and Kindle. Book excerpt: Put quite simply, the twin impacts of globalization and environmental degradation pose new security dangers and concerns. In this new work on global security thinking, 91 authors from five continents and many disciplines, from science and practice, assess the worldwide reassessment of the meaning of security triggered by the end of the Cold War and globalization, as well as the multifarious impacts of global environmental change in the early 21st century.
Download or read book World Economic Outlook October 2024 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2024-10-22 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest World Economic Outlook reports stable but underwhelming global growth, with the balance of risks tilted to the downside. As monetary policy is eased amid continued disinflation, shifting gears is needed to ensure that fiscal policy is on a sustainable path and to rebuild fiscal buffers. Understanding the role of monetary policy in recent global disinflation, and the factors that influence the social acceptability of structural reforms, will be key to promoting stable and more rapid growth in the future.
