cor The Role of the Corporation in Citizen Diplomacy By webfeeds.brookings.edu Published On :: Thu, 22 Jul 2010 09:45:00 -0400 It was fifty years ago that President Kennedy famously launched the Peace Corps, bringing international volunteerism to its true prominence in this country. Today, a diverse set of international volunteer efforts are supported by federal, state and local governments and through partnerships with NGOs. These efforts have been particularly effective at engaging two segments of our population: students or recent graduates; and retirees or those pursuing second careers.But the segment that holds perhaps the greatest promise for global development has – for the most part – been underserved. We’re referring to mid-career employees at corporations: particularly large, globally-integrated enterprises. These corporate employees have what is most required for a successful international service engagement: cutting edge skills, deep expertise and relevant strategic knowhow. Why has this resource largely gone untapped? Because a clear connection to business strategy and return on investment has been made in only a few cases. There exists a triple benefit from corporate-sponsored international volunteerism. Local communities receive premier business and consulting services. Employees enrich their skill sets by working in international markets and leadership experience from working with diverse teams of colleagues and local partners. And corporations gain experienced leaders, insights into new markets, and brand and reputation enhancement that can ultimately create new global business opportunities. IBM’s Corporate Service Corps (CSC) was developed with those benefits in mind. Often referred to as a “corporate peace corps,” CSC provides IBM employees with unique opportunities to develop and explore their roles as global citizens. Through one month deployments, IBM’s top talent works in teams of roughly 12 to provide in-depth business and IT consulting support to local entrepreneurs and small businesses, nonprofit organizations, educational institutions and governmental agencies. Already in its third year, Corporate Service Corps has deployed 700 IBM employees from 47 countries on 70 teams to 14 countries including China, Nigeria, Romania, Poland and Vietnam. The result is a leadership development program that has made strides in answering the economic, social and environmental sustainability challenges faced by many emerging markets. We’re pleased to see that other organizations are adopting similar programs. In fact, the U.S. Agency for International Development (USAID) has announced a partnership with IBM to accelerate international volunteerism by leveraging the Corporate Service Corps model. USAID and IBM are creating an Alliance for International Corporate Volunteerism Program to help smaller companies and organizations eager to implement their own corporate peace corps, but lacking the resources and scale to do so. As we look to help expand international service opportunities, there are several best practices to share based on IBM’s experience. In the case of executives, keep the duration of the projects relatively short. This allows for better access to a company’s top talent because rather than interrupting a career, you are asking someone to make service an integral part of it. Continue the relationship. While the duration of an individual’s participation may be short, your involvement with the region should be long-term and sustainable. It is not a vendor relationship; it is a partnership. Identify the right projects. The most successful development efforts take time and effort to scope out and plan. Partner with NGOs early and often to find the best local opportunities for growth and impact. Carefully mix and match skills when forming a team of service participants. This allows them to deliver results quickly and build capacity on the local level. Take advantage of technology. Technology can be a powerful tool to help train and prepare service participants. Technology like social networking can also help build a community of service participants and allow them to share their experiences. The world has changed significantly over the last 50 years. Corporate-sponsored international volunteerism is now building upon the government’s original architecture of the Peace Corps. The same conditions and capabilities that have made the world “flat”, allowing its systems to become smarter, are also opening up new paths for citizen diplomacy. Those seeking out international volunteer service opportunities are no longer limited to government guidance and other official avenues into long-term engagements. In an interconnected world, citizens have the choice of participating more directly in service through short-term assignments that will not disrupt their careers but enrich them. And it is these mid-career volunteers who possess the skills to make such assignments successful. Forward-thinking corporations with a clear understanding of the benefits of international volunteer programs can empower meaningful citizen diplomacy, contributing to sustainable development practices and building partnerships in a globalized world. Authors David L. CapraraStanley Litow Full Article
cor @ Brookings Podcast: International Volunteers and the 50th Anniversary of the Peace Corps By webfeeds.brookings.edu Published On :: Fri, 15 Oct 2010 11:20:00 -0400 David Caprara, a Brookings nonresident fellow and expert on volunteering, says that John F. Kennedy’s call to service a half-century ago led to the founding of dozens of international aid organizations, and leaves a legacy of programs aimed at improving health, nutrition, education, living standards and peaceful cooperation around the globe. Subscribe to audio and video podcasts of Brookings events and policy research » previous play pause next mute unmute @ Brookings Podcast: International Volunteers and the 50th Anniversary of the Peace Corps 05:23 Download (Help) Get Code Brookings Right-click (ctl+click for Mac) on 'Download' and select 'save link as..' Get Code Copy and paste the embed code above to your website or blog. Video International Volunteering Audio @ Brookings Podcast: International Volunteers and the 50th Anniversary of the Peace Corps Full Article
cor Peace Corps at 50 By webfeeds.brookings.edu Published On :: Wed, 21 Sep 2011 15:12:00 -0400 This week, our nation reflects on the 50-year legacy of the Peace Corps, which President John F. Kennedy signed into law on September 22, 1961. The passing earlier this year of Sargent Shriver, the indefatigable founding director of the Peace Corps, furthered national and international recognition of America’s longstanding traditions of service to the world. The time is right to expand the national policy discussion to include a broadened array of global service actors inspired by the example of Peace Corps volunteers to address critical human needs.The largest independent representative survey of Peace Corps volunteers to date is being released this week as part of the 50th anniversary assessments by Civic Enterprises and the National Peace Corps Association with Peter D. Hart Research Associates. The survey documents responses from 11,138 Peace Corps volunteers who served from 1961 to 2011. Among the survey findings of the returned Peace Corps volunteers: 82 percent view Peace Corps service “effective in promoting a better understanding of Americans in the communities they served,” and 74 percent indicated they view it “helps the U.S. adapt to globalization.” 59 percent view their service as, “effective in meeting the needs for trained workers.” 98 percent would recommend Peace Corps service to their family members. Enhanced international awareness among volunteers was underscored in prior research assessing international NGO service released at a Brookings-Washington University joint forum. The Center for Social Development (CSD) report found that cross-cultural service also contributes significantly to international social capital, by developing a group of volunteers abroad who can leverage additional resources and connections to coordinate humanitarian aid projects. Impacts of the broadened field of global and local volunteers are being demonstrated in critical issue areas such as basic hygiene and malaria reduction by Peace Corps and Malaria No More in Senegal, and a promising demonstration project led by Omnimed and Makarere University in Kampala, Uganda. The Omnimed model has utilized an innovative combination of international medical volunteers, supported by Volunteers for Prosperity at USAID and Peace Corps, to train and equip local village volunteers in Community Health Teams in sustaining malaria prevention. By expanding this network of public and private partners, and empowering local social entrepreneurs and village volunteers, potential exists to spread effective, results-based malaria health service corps across Sub-Saharan Africa and worldwide. A steadily growing recognition of the importance of the wider landscape of volunteers— including NGOs, faith-based institutions, corporations and universities—is furthering goals for multi-sector inclusion in international service that Peace Corps’ founding director Sargent Shriver articulated to President Kennedy in his original 1961 report. The Call to Peace and accompanying Service World recommendations represent a fresh call to action which should be taken up by foundations and both national parties to develop innovative and results-oriented solutions to today’s challenges of development and peace. Authors David L. Caprara Image Source: © Ho New / Reuters Full Article
cor Webinar: The effects of the coronavirus outbreak on marginalized communities By webfeeds.brookings.edu Published On :: Wed, 25 Mar 2020 19:00:40 +0000 As the coronavirus outbreak rapidly spreads, existing social and economic inequalities in society have been exposed and exacerbated. State and local governments across the country, on the advice of public health officials, have shuttered businesses of all types and implemented other social distancing recommendations. Such measures assume a certain basic level of affluence, which many… Full Article
cor Artificial Intelligence Won’t Save Us From Coronavirus By webfeeds.brookings.edu Published On :: Thu, 07 May 2020 22:46:30 +0000 Full Article
cor Exit from coronavirus lockdowns – lessons from 6 countries By webfeeds.brookings.edu Published On :: Fri, 08 May 2020 08:05:54 +0000 Full Article
cor The coronavirus has led to more authoritarianism for Turkey By webfeeds.brookings.edu Published On :: Fri, 08 May 2020 20:00:26 +0000 Turkey is well into its second month since the first coronavirus case was diagnosed on March 10. As of May 5, the number of reported cases has reached almost 130,000, which puts Turkey among the top eight countries grappling with the deadly disease — ahead of even China and Iran. Fortunately, so far, the Turkish death… Full Article
cor How is the coronavirus outbreak affecting China’s relations with India? By webfeeds.brookings.edu Published On :: Thu, 30 Apr 2020 12:02:00 +0000 China’s handling of the coronavirus pandemic has reinforced the skeptical perception of the country that prevails in many quarters in India. The Indian state’s rhetoric has been quite measured, reflecting its need to procure medical supplies from China and its desire to keep the relationship stable. Nonetheless, Beijing’s approach has fueled Delhi’s existing strategic and economic concerns. These… Full Article
cor Pandemic politics: Does the coronavirus pandemic signal China’s ascendency to global leadership? By webfeeds.brookings.edu Published On :: Wed, 06 May 2020 07:52:44 +0000 The absence of global leadership and cooperation has hampered the global response to the coronavirus pandemic. This stands in stark contrast to the leadership and cooperation that mitigated the financial crisis of 2008 and that contained the Ebola outbreak of 2014. At a time when the United States has abandoned its leadership role, China is… Full Article
cor Trans-Atlantic Scorecard – January 2020 By webfeeds.brookings.edu Published On :: Welcome to the sixth edition of the Trans-Atlantic Scorecard, a quarterly evaluation of U.S.-European relations produced by Brookings’s Center on the United States and Europe (CUSE), as part of the Brookings – Robert Bosch Foundation Transatlantic Initiative. To produce the Scorecard, we poll Brookings scholars and other experts on the present state of U.S. relations… Full Article
cor Pakistan teeters on the edge of potential disaster with the coronavirus By webfeeds.brookings.edu Published On :: Fri, 27 Mar 2020 13:41:57 +0000 As of March 26, coronavirus cases in Pakistan — the world’s fifth most populous country — climbed to 1,190; nine people have died. Pakistan currently has the highest number of cases in South Asia, more even than its far larger neighbor, India. In this densely populated country of more than 210 million, with megacities Lahore… Full Article
cor How is Pakistan balancing religion and politics in its response to the coronavirus? By webfeeds.brookings.edu Published On :: Fri, 24 Apr 2020 21:26:05 +0000 As Ramadan begins, Pakistan has loosened social distancing restrictions on gatherings in mosques, allowing communal prayers to go forward during the holy month. David Rubenstein Fellow Madiha Afzal explains how Prime Minister Imran Khan's political compromise with the religious right and cash assistance programs for the poor help burnish his populist image, while leaving it… Full Article
cor Pakistan’s dangerous capitulation to the religious right on the coronavirus By webfeeds.brookings.edu Published On :: Mon, 04 May 2020 20:00:05 +0000 Perform your ablutions at home. Bring your own prayer mats, place them six feet apart. Wear masks. Use the provided hand sanitizer. No handshakes or hugs allowed. No talking in the mosque. No one over 50 years old can enter. No children allowed. These guidelines are part of a list of 20 standard operating procedures that Pakistan’s… Full Article
cor Trans-Atlantic Scorecard – January 2020 By webfeeds.brookings.edu Published On :: Welcome to the sixth edition of the Trans-Atlantic Scorecard, a quarterly evaluation of U.S.-European relations produced by Brookings’s Center on the United States and Europe (CUSE), as part of the Brookings – Robert Bosch Foundation Transatlantic Initiative. To produce the Scorecard, we poll Brookings scholars and other experts on the present state of U.S. relations… Full Article
cor Conflict in the Time of Coronavirus: Russia, Turkey, and the Battle for Syria By webfeeds.brookings.edu Published On :: Thu, 26 Mar 2020 17:26:00 +0000 Robert Bosch Senior Fellow Amanda Sloat spoke on a panel at the Center for European Policy Analysis on March 26, 2020 on the latest developments in the on-going conflict between Russia and Turkey over Syria. Full Article
cor USAID’s public-private partnerships and corporate engagement By webfeeds.brookings.edu Published On :: Mon, 29 Feb 2016 16:16:00 -0500 Brookings today releases a report USAID’s Public-Private Partnerships: A Data Picture and Review of Business Engagement, which will be the subject of a public discussion on March 8 featuring a panel of Jane Nelson (Harvard University), Ann Mei Chang (U.S. Agency for International Development (USAID)), Johanna Nesseth Tuttle (Chevron Corp.), and Sarah Thorn (Wal-Mart Stores Inc.). The report is based on USAID’s database of 1,481 public-private partnerships (PPPs) from 2001 to 2014 and a series of corporate interviews. The value of those partnerships totals $16.5 billion, two-thirds from non-U.S. government sources – private companies, nongovernmental organizations (NGOs), foundations, and non-U.S. public institutions. Over 4000 organizations have served as resource partners in these PPPs. Fifty-three percent are business entities, 32 percent are from the non-profit world, and 25 percent are public institutions. Eighty-five organizations have participated in five or more PPPs, led by Microsoft (62), Coca Cola (36), and Chevron (33). The partnerships are relatively evenly distributed among three major regions—Africa, Latin American/Caribbean, and Asia—but 36 percent of the value of all PPPs is from partnerships that are global in reach. In analyzing the data, the researchers found that 77 percent of PPPs included one or more business partner, and that 83 percent of these partnerships are connected to a business partner’s commercial interest (either shared value or more indirect strategic interest). In almost 80 percent of those PPPs, the business partner contributes some form of corporate expertise to the partnership. The purpose of the March 8 panel discussion is to examine the report but also to go beyond by addressing outstanding questions like: how should the impact of public-private partnerships be identified, measured, and evaluated? Is shared value the Holy Grail linking corporate interest to public goods and achieving sustainable results? Where do public-private partnerships fit in USAID’s strategy for engaging the private sector in development, particularly in light of the emphasis on the role of business in advancing the new set of Sustainable Development Goals? We hope you can join us for what should prove to be an engaging discussion. Authors George Ingram Full Article
cor Coronavirus is also a threat to democratic constitutions By webfeeds.brookings.edu Published On :: Wed, 15 Apr 2020 15:10:17 +0000 It has become a truism to assert that the pandemic highlights the enduring importance of the nation-state. What is less clear, but as important, is what it does to nation-states’ operating systems: their constitutions. Constitutions provide the legal principles for the governance of states, and their relationships with civil society. They are the rule books… Full Article
cor How close is President Trump to his goal of record-setting judicial appointments? By webfeeds.brookings.edu Published On :: Tue, 05 May 2020 12:01:29 +0000 President Trump threatened during an April 15 pandemic briefing to “adjourn both chambers of Congress” because the Senate’s pro forma sessions prevented his making recess appointments. The threat will go nowhere for constitutional and practical reasons, and he has not pressed it. The administration and Senate Republicans, though, remain committed to confirming as many judges… Full Article
cor Restoring Prosperity: The State Role in Revitalizing Ohio’s Core Communities By webfeeds.brookings.edu Published On :: Wed, 10 Sep 2008 07:30:00 -0400 Event Information September 10, 20087:30 AM - 4:30 PM EDTColumbus Convention Center400 North StreetColumbus, OH 46085 The 2008 Ohio Summit – Restoring Our Prosperity: The State Role in Revitalizing Ohio’s Core Communities convened more than 1000 government, corporate, civic, neighborhood and academic leaders from around the state, including Governor Ted Strickland, Lieutenant Governor Lee Fisher, Senate President Bill Harris and Speaker of the House Jon Husted confirmed as speakers. The Summit was co-convened by the Metropolitan Policy Program at Brookings and GreaterOhio. The purpose of The Summit was to elicit reaction to a draft set of proposals for state policy reforms that reflect a critique of past policies, aimed at revitalizing communities throughout Ohio. Each of the recommendations was carefully tailored to the unique assets and challenges of Ohio’s 32 core communities whose revitalization is the springboard to a more prosperous and competitive state as a whole. Comments derived from this gathering will help to shape the final report to be released in early 2009.Comment here » Event Presentations: Bruce Katz Vice President and Director, Metropolitan Policy Program Download multimedia presentation slides Download written remarks Scott Bernstein President, Center for Neighborhood Technology Download presentation slides Rob Greenbaum Professor, John Glenn School of Public Affairs, Ohio State University Download presentation slides Mark Partridge Swank Chair in Rural-Urban Policy, The Ohio State University Download presentation slides Jane Dockery Associate Director, Center for Urban and Public Affairs, Wright State University Download presentation slides Alan Mallach Nonresident Senior Fellow, Brookings Institution Download presentation slides Event Resources: Welcome Letter Summit Agenda Sponsor List Biographies of the Speakers Executive Summary- Restoring Prosperity: The State Role in Revitalizing Ohio’s Core Communities A Restoring Prosperity Case Study: Akron, Ohio Working Draft: Restoring Prosperity: The State Role in Revitalizing Ohio’s Core Communities Working Draft: Our Joint Future: Rural-Urban Interdependence in 21st Century Ohio Restoring Prosperity to Ohio: Fact Sheet Ohio Summit in the News Lavea Brachman and The Honorable Michael Coleman The audience at Restoring Prosperity The Honorable Ted Strickland Douglas Kridler, The Honorable JonHusted, Nancy Zimpher, Al Ratner,The Honorable David Burger Video The Honorable Michael ColemanLavea BrachmanBruce KatzThe Honorable Ted Strickland Full Article
cor We can’t recover from a coronavirus recession without helping young workers By webfeeds.brookings.edu Published On :: Thu, 07 May 2020 20:34:14 +0000 The recent economic upheaval caused by the COVID-19 pandemic is unmatched by anything in recent memory. Social distancing has resulted in massive layoffs and furloughs in retail, hospitality, and entertainment, and millions of the affected workers—restaurant servers, cooks, housekeepers, retail clerks, and many others—were already at the bottom of the wage spectrum. The economic catastrophe of… Full Article
cor Halting evictions during the coronavirus crisis isn’t as good as it sounds By webfeeds.brookings.edu Published On :: Wed, 25 Mar 2020 14:35:44 +0000 As the coronavirus pandemic prompts unprecedented job losses across the country, one of the first problems for many households will be how to pay next month’s rent or mortgage. The poorest 20% of U.S. households—including many workers in low-wage industries such as retail and food service—were spending more than half their income on housing costs… Full Article
cor The impact of the coronavirus on mortgage refinancings By webfeeds.brookings.edu Published On :: Mon, 13 Apr 2020 09:00:27 +0000 Mortgages, whether purchase or refinance, require a long to-do list. If any of the steps in the chain cannot occur, the ability to get a mortgage is jeopardized. The unprecedented shutdowns caused by COVID-19 threaten to break multiple links in the mortgage chain. This article examines what is at risk for one segment of the… Full Article
cor Bankruptcy and the coronavirus By webfeeds.brookings.edu Published On :: Tue, 21 Apr 2020 13:41:47 +0000 Less than two months into the coronavirus crisis, and despite the massive infusion of federal funds, a rise in business bankruptcies has already begun. Even if the current efforts by Congress, the Federal Reserve, and Treasury to counteract the economic shutdown are effective, an enormous wave of bankruptcies may come. How effective will the bankruptcy… Full Article
cor Big city downtowns are booming, but can their momentum outlast the coronavirus? By webfeeds.brookings.edu Published On :: Wed, 06 May 2020 04:00:21 +0000 It was only a generation ago when many Americans left downtowns for dead. From New York to Chicago to Los Angeles, residents fled urban cores in droves after World War II. While many businesses stayed, it wasn’t uncommon to find entire downtowns with little street life after 5:00 PM. Many of those former residents relocated… Full Article
cor States are being crushed by the coronavirus. Only this can help. By webfeeds.brookings.edu Published On :: Wed, 22 Apr 2020 18:49:26 +0000 Full Article
cor The federal government’s coronavirus response—Public health timeline By webfeeds.brookings.edu Published On :: Tue, 31 Mar 2020 14:58:27 +0000 By now, it is obvious to everyone seeking to understand the United States’ response to the novel coronavirus (officially SARS-CoV-2) that there were massive failures of judgment and inaction in January, February, and even March of this year. While mistakes are inevitable in the face of such a massive and rapidly evolving domestic and global… Full Article
cor Bankruptcy and the coronavirus By webfeeds.brookings.edu Published On :: Tue, 21 Apr 2020 13:41:47 +0000 Less than two months into the coronavirus crisis, and despite the massive infusion of federal funds, a rise in business bankruptcies has already begun. Even if the current efforts by Congress, the Federal Reserve, and Treasury to counteract the economic shutdown are effective, an enormous wave of bankruptcies may come. How effective will the bankruptcy… Full Article
cor Coronavirus and challenging times for education in developing countries By webfeeds.brookings.edu Published On :: Mon, 13 Apr 2020 16:43:35 +0000 The United Nations recently reported that 166 countries closed schools and universities to limit the spread of the coronavirus. One and a half billion children and young people are affected, representing 87 percent of the enrolled population. With few exceptions, schools are now closed countrywide across Africa, Asia, and Latin America, putting additional stress on… Full Article
cor Big city downtowns are booming, but can their momentum outlast the coronavirus? By webfeeds.brookings.edu Published On :: Wed, 06 May 2020 04:00:21 +0000 It was only a generation ago when many Americans left downtowns for dead. From New York to Chicago to Los Angeles, residents fled urban cores in droves after World War II. While many businesses stayed, it wasn’t uncommon to find entire downtowns with little street life after 5:00 PM. Many of those former residents relocated… Full Article
cor Coronavirus is also a threat to democratic constitutions By webfeeds.brookings.edu Published On :: Wed, 15 Apr 2020 15:10:17 +0000 It has become a truism to assert that the pandemic highlights the enduring importance of the nation-state. What is less clear, but as important, is what it does to nation-states’ operating systems: their constitutions. Constitutions provide the legal principles for the governance of states, and their relationships with civil society. They are the rule books… Full Article
cor Charts of the Week: Jobs, rent, and businesses during coronavirus By webfeeds.brookings.edu Published On :: Fri, 27 Mar 2020 20:05:17 +0000 As the economic impact of the spreading coronavirus crisis continues to unfold, how will workers, businesses, and renters cope? Here are a few items from recent research and analysis from Brookings experts on COVID-19. How long will temporary layoffs remain temporary? Ryan Nunn and Jana Parsons examine how the number of both temporary and permanent… Full Article
cor Charts of the Week: People and places during coronavirus By webfeeds.brookings.edu Published On :: Fri, 10 Apr 2020 18:17:08 +0000 In Charts of the Week this week, a few items related to U.S. populations, people, and places related to the coronavirus pandemic. City growth is SLOWING Population growth in U.S. metro areas is slowing. William Frey observes that “as urban population disperses, smaller metropolitan areas, suburban counties, and populations residing outside of metropolitan areas are… Full Article
cor Charts of the Week: Coronavirus’s impacts on learning, employment, and deaths of Black Americans By webfeeds.brookings.edu Published On :: Fri, 17 Apr 2020 18:43:25 +0000 In this week's edition of Charts of the Week, a look at some of the impacts that the coronavirus pandemic is having on various policy areas, including education, jobs, and racial inequality. Learn more from Brookings scholars about the global response to coronavirus (COVID-19). Learning inequality during COVID-19 Worldwide nearly 190 countries have closed schools,… Full Article
cor David Brooks is correct: Both the quality and quantity of our relationships matter By webfeeds.brookings.edu Published On :: Wed, 12 Feb 2020 18:17:09 +0000 It’s embarrassing to admit, since I work in a Center on Children and Families, but I had never really thought about the word “relative” until I read the new Atlantic essay from David Brooks, “The Nuclear Family Was a Mistake.” In everyday language, relatives are just the people you are related to. But what does… Full Article
cor At the Corner of Future and Main: The Benefits of High Density, Center City Development By webfeeds.brookings.edu Published On :: Mon, 20 Sep 2004 00:00:00 -0400 This keynote presentation by Bruce Katz at City Hall in Seattle describes how a vibrant center city stimulates a region's economy. The presentation also assesses how Seattle is faring on this front and what steps the city should take as it looks to the future.The metro program hosts and participates in a variety of public forums. To view a complete list of these events, please visit the metro program's Speeches and Events page which provides copies of major speeches, powerpoint presentations, event transcripts, and event summaries. Downloads Download Authors Bruce Katz Publication: Center City Seattle Open House Full Article
cor We can’t recover from a coronavirus recession without helping young workers By webfeeds.brookings.edu Published On :: Thu, 07 May 2020 20:34:14 +0000 The recent economic upheaval caused by the COVID-19 pandemic is unmatched by anything in recent memory. Social distancing has resulted in massive layoffs and furloughs in retail, hospitality, and entertainment, and millions of the affected workers—restaurant servers, cooks, housekeepers, retail clerks, and many others—were already at the bottom of the wage spectrum. The economic catastrophe of… Full Article
cor What do we know about the coronavirus and the global response? By webfeeds.brookings.edu Published On :: Mon, 10 Feb 2020 20:04:36 +0000 David Dollar is joined in this special episode of Dollar & Sense by Amanda McClelland, the senior vice president of the Prevent Epidemics team at Resolve to Save Lives, to discuss the severity of the Wuhan coronavirus and the Chinese response to prevent the disease from spreading. McClelland, who worked on the response to the… Full Article
cor The Development Finance Corporation confirms the new chief development officer—what’s the role? By webfeeds.brookings.edu Published On :: Mon, 10 Feb 2020 20:50:25 +0000 The Board of the U.S. International Development Finance Corporation (DFC) just confirmed Andrew Herscowitz to the position of chief development officer (CDO). A career USAID foreign service officer, Andrew has spent the past seven years directing Power Africa. It is hard to think of a more relevant background for this position—two decades with USAID, extensive… Full Article
cor Corrupt anti-corruption campaigns By webfeeds.brookings.edu Published On :: Thu, 29 Aug 2019 15:35:43 +0000 The Amazon rainforest has been burning for weeks. Yet Brazil’s right-wing president, Jair Bolsonaro, mobilized the armed forces to help contain the fires only in the last few days—in the face of European leaders’ threat to suspend a major trade deal and the possibility of a far-reaching boycott of Brazilian products. And though the Bolsonaro government’s rollback and weak enforcement… Full Article
cor Get rid of the White House Coronavirus Task Force before it kills again By webfeeds.brookings.edu Published On :: Thu, 07 May 2020 14:21:30 +0000 As news began to leak out that the White House was thinking about winding down the coronavirus task force, it was greeted with some consternation. After all, we are still in the midst of a pandemic—we need the president’s leadership, don’t we? And then, in an abrupt turnaround, President Trump reversed himself and stated that… Full Article
cor Setting the record straight on China’s engagement in Africa By webfeeds.brookings.edu Published On :: Mon, 11 Jul 2016 09:30:00 -0400 Since 2000, China has emerged as Africa’s largest trading partner and a major source of investment finance as well. Large numbers of Chinese workers and entrepreneurs have moved to Africa in recent years, with estimates running as high as one million. China’s engagement with Africa has no doubt led to faster growth and poverty reduction on the continent. It is also relatively popular: In attitude surveys, 70 percent of African respondents have a positive view of China, higher than percentages in Asia, the Americas, or Europe. While China’s deepening engagement with Africa has largely been associated with better economic performance, its involvement is not without controversy. This is particularly true in the West, as typical headlines portray an exploitive relationship: “Into Africa: China’s Wild Rush,” “China in Africa: Investment or Exploitation?,” and “Clinton warns against ‘new colonialism’ in Africa.” My forthcoming study, "China’s Engagement with Africa: From Natural Resources to Human Resources," aims to objectively assess this important new development in the world. It has six main findings: First, on the scale of China’s activities in Africa: The media often portrays China’s involvement as enormous, potentially overwhelming the continent. According to data from China’s Ministry of Commerce (MOFCOM), the stock of Chinese direct investment in Africa was $32 billion at the end of 2014. This represents less than 5 percent of the total stock of foreign investment on the continent. Stocks naturally change slowly. But the "World Investment Report 2015" similarly finds that China’s share of inward direct investment flows to Africa during 2013 and 2014 was only 4.4 percent of the total. Of course, direct investment is not the only form of foreign financing. The Export-Import Bank of China and China Development Bank have also made large loans in Africa, mostly to fund infrastructure projects. In recent years, China has provided about one-sixth of the external infrastructure financing for Africa. In short, Chinese financing is substantial enough to contribute meaningfully to African investment and growth, but the notion that China has provided an overwhelming amount of finance and is buying up the whole continent is inaccurate. The second main finding from the study concerns China’s direct investment and governance. China has drawn attention by making large resource-related investments in countries with poor governance indicators, such as the Democratic Republic of Congo, Angola, and Sudan. These deals are certainly part of the picture when it comes to China’s engagement with Africa. But the more general relationship between Chinese direct investment and recipients’ governance environments is different. After controlling for market size and natural resource wealth, total foreign direct investment is highly correlated with measures of property rights and rule of law, as one might expect. This is true both globally and within the African continent. China’s outward direct investment, on the other hand, is uncorrelated with measures of property rights and the rule of law after controlling for market size and natural resource wealth. In this sense, Chinese investment is indifferent to the governance environment in a particular country. While China has investments in the Democratic Republic of Congo, Angola, and Sudan, those are balanced by investments in African countries that have relatively good governance environments. South Africa, for instance, is the foremost recipient of Chinese investment. Furthermore, some of the big resource deals in poor governance environments are not working out well, so Chinese state enterprises may well rethink their approach in the future. A third main finding emerges from examining MOFCOM’s registry of Chinese firms investing in Africa. In the aggregate data on Chinese investment in different countries, the big state enterprise deals naturally play an outsized role. MOFCOM’s database on Chinese firms investing in Africa, on the other hand, provides a snapshot of what small- and medium-sized Chinese firms—most of which are private—are doing in Africa. Unlike the big state-owned enterprise investments, these firms are not focused on natural resource extraction. The largest area for investment is service sectors, with significant investment in manufacturing as well. Many African economies welcome this Chinese investment in manufacturing and services. The fourth finding relates to infrastructure finance. In recent years infrastructure financing has expanded and helped many African countries begin to rectify infrastructure deficiencies. Africa has been receiving about $30 billion per year in external finance for infrastructure, of which China provides one-sixth. Chinese financing is a useful complement to other sources, particularly as traditional finance from multilateral development banks and bilateral donors is concentrated on water supply and sanitation. Likewise, private participation in infrastructure is primarily aimed at telecommunications. China has filled a niche by focusing on transportation and power. Chinese financing of infrastructure has also enabled Chinese construction companies to gain a firm foothold on the continent. Evidence suggests that Chinese companies have become highly competitive, crowding out African construction companies. This is an area where a trade-off seems to exist between, on the one hand, getting projects completed quickly and cheaply and, on the other, facilitating the long-term development of a local construction industry. This point leads to the fifth finding of the study. There are a lot of Chinese workers in Africa; the total is disproportionately high when compared to the amount of financing that China has provided and compared to migrants from other continents. This is a tentative conclusion because the data on this issue are particular weak. But estimates of Chinese migrants in Africa exceed one million. Many migrants initially move to Africa as workers on Chinese projects in infrastructure and mining and then, perceiving good economic opportunities, stay on. Similar to the dilemma confronting the continent’s construction industry, African countries face a tradeoff here: Chinese workers bring skills and entrepreneurship, but their large numbers limit African workers’ opportunities for jobs and training. The popular notion that Chinese companies only employ Chinese workers is not accurate, but the overall number of Chinese workers in Africa is large. Africa may want to take a page from China’s playbook and limit the ability of foreign investors to bring in workers, forcing them to train local labor instead. The popular notion that Chinese companies only employ Chinese workers is not accurate, but the overall number of Chinese workers in Africa is large. A final important finding of the study is that the foundation for the Africa-China economic relationship is shifting. China’s involvement in Africa stretches back decades, but the economic relationship accelerated after 2000, when China’s growth model became especially resource-intensive. It made sense for resource-poor China to import natural resources from Africa and to export manufactures in return. These patterns of trade and investment are now likely to gradually shift in response to changing demographics. The working-age population in China has peaked and will shrink over the coming decades. This has contributed to a tightening of the labor market and an increase in wages, which benefits Chinese people. Household income and consumption are also rising. Compared to past trends, China’s changing pattern of growth is less resource-intensive, so China’s needs for energy and minerals are relatively muted. At the same time, China is likely to be a steady supplier of foreign investment to other countries, and part of that will involve moving manufacturing value chains to lower-wage locations. Africa’s demographics are moving in the opposite direction. In fact, they resemble China’s at the beginning of its economic reform 35 years ago. About half of Africa’s population is below the age of 20, which means the working-age population will surge over the next 20 years, and will probably continue growing until the middle of the century or later. Roughly speaking, Africa needs to create about 20 million jobs per year to employ its expanding workforce. Twenty years from now, it will need to create 30 million jobs per year. Africa’s demographics present both an opportunity and a challenge. It is unrealistic to expect the China-Africa economic relationship to change overnight. Nor would it be reasonable to expect large volumes of Chinese manufacturing to move to the continent in the near future; it would be more natural for value chains to migrate from China to nearby locations such as Vietnam and Bangladesh. But if even small amounts of manufacturing shift, this could make a significant difference for African economies, which are starting out with an extremely low base of industrialization. And it is useful to have a long-term vision that an economic relationship that started out very much centered on natural resources should shift over time to a greater focus on human resources. For more on China’s engagement in Africa, check out the Brookings event hosted by the John L. Thornton China Center and the Africa Growth Initiative this Wednesday, July 13, at 3:30pm. Authors David Dollar Full Article
cor We can’t recover from a coronavirus recession without helping young workers By webfeeds.brookings.edu Published On :: Thu, 07 May 2020 20:34:14 +0000 The recent economic upheaval caused by the COVID-19 pandemic is unmatched by anything in recent memory. Social distancing has resulted in massive layoffs and furloughs in retail, hospitality, and entertainment, and millions of the affected workers—restaurant servers, cooks, housekeepers, retail clerks, and many others—were already at the bottom of the wage spectrum. The economic catastrophe of… Full Article
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cor Pakistan’s dangerous capitulation to the religious right on the coronavirus By webfeeds.brookings.edu Published On :: Mon, 04 May 2020 20:00:05 +0000 Perform your ablutions at home. Bring your own prayer mats, place them six feet apart. Wear masks. Use the provided hand sanitizer. No handshakes or hugs allowed. No talking in the mosque. No one over 50 years old can enter. No children allowed. These guidelines are part of a list of 20 standard operating procedures that Pakistan’s… Full Article
cor States are being crushed by the coronavirus. Only this can help. By webfeeds.brookings.edu Published On :: Wed, 22 Apr 2020 18:49:26 +0000 Full Article
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cor How is the coronavirus outbreak affecting China’s relations with India? By webfeeds.brookings.edu Published On :: Thu, 30 Apr 2020 12:02:00 +0000 China’s handling of the coronavirus pandemic has reinforced the skeptical perception of the country that prevails in many quarters in India. The Indian state’s rhetoric has been quite measured, reflecting its need to procure medical supplies from China and its desire to keep the relationship stable. Nonetheless, Beijing’s approach has fueled Delhi’s existing strategic and economic concerns. These… Full Article