The increasing problems associated with international migration call for nations to manage migratory flows in a more realistic way both at national and international levels. However, global initiatives undertaken to date in this field have seen very limited success. This paper adopts a political economy approach for identifying the interests of affected social groups with a view towards building feasible policy responses. A dual proposal for global governance of migration is suggested, based on a combination between the establishment of universal minimum standards and the promotion of bilateral and regional interaction driven by problem-solving goals.
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The success of the post-2015 development agenda depends on adopting global goals for sustainable development and on designing a robust accountability system. All stakeholders should be involved in the accountability framework. While sustainable development goals (SDGs) are universal in character, they need to be adapted to national contexts, according to specific sets of constraints and opportunities. Countries need also to specify their global commitments to create an enabling environment for sustainable development worldwide. The adaptation of global goals into national targets ensures ownership and facilitates answerability, thus promoting an accountability framework that is inclusive,…
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Recent developments in globalization raise important issues regarding taxation policy and economic development. First, trends in capital income tax raise concerns about a possible race to the bottom or harmful competition. Second, lack of tax policy coordination results in large losses in tax revenue due to profit shifting by multinational corporations. These practices undermine revenue mobilization in the least developed countries, which also suffer from capital flight and other forms of illicit financial flows. This paper discusses how improved governance of the global financial system and enhanced harmonization in taxation policies may help address these important development problems.
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Multilateral trade rules have maintained stable and predictable trade flows. Developing countries increased their participation in world markets but marked asymmetries persist; not all countries are benefitting from trade. Successive trade rounds and numerous regional trade and bilateral investment agreements led to significant loss of policy space and fragmentation. Special and differential treatment has not provided necessary flexibility for implementation of development policies while the principle of less than full reciprocity is eroded. Stronger multilateralism, effective overseeing and enforcing role by WTO and greater focus by developing countries in negotiating flexible rules (…
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International support to the sustainable development of SIDS has been on the international policy agenda for a long time, whereas challenges are intensifying. Stabilizing global economic and financial markets and international measures to reduce climate changes are indispensable to reduce vulnerabilities of SIDS, as is scaling-up of existing support measures at the national level in areas such as climate change adaptation. This paper also performs cluster and other statistical analyses of SIDS vulnerabilities to explore new approaches to SIDS support. The heterogeneity among SIDS is substantial even if only sub-groups of SIDS are considered. Therefore, a differentiated approach has merits,…
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The paper argues that science, technology and innovation (STI) play a critical role in expediting transition to a sustainable mode of development. Latecomer nations suffer from several disadvantages as they attempt to catch-up with the technological leaders, but they can enjoy latecomer advantages, if appropriate strategies are formulated and executed. One of the key concepts is leapfrogging, whereby the latecomers absorb what the technological leaders have to offer and leap to a new environment-friendly techno-economic paradigm. To facilitate such leap, the current intellectual-property-rights regimes need to evolve to one that fosters technology diffusion and greater use of intellectual…
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Increasing international migratory flows in the last four decades is one of the most visible manifestations of the globalization process. In spite of its potential positive effect on global efficiency and well-being, little progress has been made in designing and promoting a normative and institutional framework to allow a better global governance of international migration. The current crisis has added new concerns in relation to migrant situation particularly in the countries more affected by the recession. It is likely that migratory pressures continue beyond the crisis, as international asymmetries that promote international migration have not been overcome.
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The present paper reviews the existing support by the United Nations system to the small island developing States (SIDS). While acknowledging great diversity among SIDS, the paper notes that these countries on average have maintained good levels of socio-economic indicators despite their fundamental development challenges. It also highlights a number of problems in adequately assessing United Nations support for SIDS and makes suggestions for their solution.
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The aim of the report is to review the role of economic welfare in conflict prevention, including the strategies required to ensure sustainable peace in post-conflict countries. It differs in one important respect from most of the rapidly growing literature in this field. Instead of describing specific conflicts or policies to prevent them, it integrates some of the key economic, social and political factors into a general analysis, with an all-embracing strategy for post-conflict countries. The integrated approach is essential because a unified strategy offers the only hope of preventing future conflicts and civil wars.
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The first part of the report reviews the status and trends in achieving the Millennium Development Goals (MDGs) in sub-Saharan Africa. The second part examines the obstacles and challenges to and opportunities for achieving the Goals. The third part discusses the instruments and policies that would facilitate achieving the MDGs in sub-Saharan Africa. The report is intended to provide an African perspective with regard to ownership and the domestic policy adjustments required to achieve the internationally agreed development goals. The purpose of the report is to elucidate the following two key issues related to the central question of ownership: (i) the extent to which African policy-makers…
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