Boko Haram, revenue woes will mar Cameroon prospects

2015 ◽  
Keyword(s):  
New Teachers ◽  
Vocational Training ◽  
Civil Service ◽  
Informal Employment ◽  
Boko Haram ◽  
New Literacy ◽  
Content Type ◽  
Cross Border ◽  
Border Trade ◽  
Economic Outlook

Significance The violence is inhibiting Cameroon's cross-border trade with its larger neighbour, exacerbating a deteriorating economic outlook. Impacts Plans to recruit 3,060 new teachers could result in widespread fraud, including 'ghost recruits', given low transparency standards. Civil service expansion, notably of 3,430 young recruits in 2014, will help reduce informal employment, but increase fiscal strains. The creation of new vocational training centres, new 'literacy centres' and 90,000 seasonal jobs will help Cameroon's skills profile.

Global trade and shipping will long remain subdued

2016 ◽  
Keyword(s):  
Economic Development ◽  
International Trade ◽  
Emerging Economies ◽  
Global Trade ◽  
Trade Patterns ◽  
Content Type ◽  
Cross Border ◽  
Border Trade ◽  
Merchandise Trade ◽  
Developed World

Subject Trends in global trade and shipping. Significance Slower growth in China and other emerging economies, and feeble growth in the developed world are curbing the expansion of world merchandise trade. Reflecting those trends and the rising importance of cross-border trade in services, international shipping will experience prolonged low growth. Impacts The level and nature of future Chinese economic development will remain the largest determinant of international trade and shipping trends. The pace at which the digital economy disrupts global manufacturing supply chains will have far-reaching consequences for trade patterns. Global trade will shift away from the shipping-intensive intra-industry patterns of the last few decades.

Renewables will expand slowly in Central America

2018 ◽  
Keyword(s):  
Renewable Energy ◽  
Central America ◽  
Geothermal Energy ◽  
Fossil Fuel ◽  
Renewable Energy Sources ◽  
Agricultural Waste ◽  
Content Type ◽  
Investor Confidence ◽  
Cross Border ◽  
Border Trade

Subject Energy diversification. Significance Central America is exploring ways to diversify its power generation, pursuing more sustainable hydropower and geothermal energy and developing other renewable energy sources such as wind, solar, biofuels and agricultural waste. The region’s massive potential to develop renewable energy is increasingly being recognised internationally, but issues with capacity and investor confidence weigh on progress. Impacts Fossil fuel use will continue to grow alongside an increase in renewables. Cross-border trade in renewable energy is likely to develop over the coming years. Costa Rica's image as an ecotourism hub will drive domestic and international enthusiasm for renewables investment there.

Canada faces federal-provincial gridlock on policy

2018 ◽  
Keyword(s):  
Federal Government ◽  
Prime Minister ◽  
New Right ◽  
Election Campaign ◽  
Right Wing ◽  
Carbon Taxes ◽  
Content Type ◽  
Cross Border ◽  
Border Trade ◽  
Opposition Parties

Subject Canadian provincial and federal politicial dynamics. Significance As Ontario Premier Doug Ford’s term gets underway, Quebec is beginning its election campaign, running to October 1; the centre-right Coalition Avenir Quebec (CAQ) will likely perform well. Prime Minister Justin Trudeau faces a fractious final year, as relations worsen between the Liberal federal government and various new right-wing provincial governments. Leading issues are migration, carbon taxes, cross-border trade and right-wing provincial governments’ socially conservative and fiscally austere agendas. Impacts Failed NAFTA renegotiations would hurt Trudeau’s administration before 2019 and necessitate further post-2019 negotiations. Right-wing provincial premiers will still cooperate with Trudeau to mitigate the effect of US trade tariffs on Canada. Currently, Trudeau and the Liberals are likely to win in 2019, but opposition parties will gain votes.

Uganda-Rwanda tensions will inflame regional relations

2018 ◽  
Keyword(s):  
Consensus Building ◽  
African Union ◽  
East African ◽  
Content Type ◽  
East African Community ◽  
Cross Border ◽  
Bilateral Relations ◽  
Border Trade ◽  
Republic Of The Congo ◽  
African Community

Subject Uganda-Rwanda bilateral relations. Significance Rwanda and Uganda have held a series of meetings aimed at defusing tensions following a string of controversial deportations of Rwandans from Uganda. The highest profile saw Rwandan President Paul Kagame meet Ugandan President Yoweri Museveni on the sidelines of the African Union Summit on January 28. Following the discussion, exchanges of hostile rhetoric have eased. However, relations remain fragile, and the recent friction has inflamed deep-seated antagonisms. Impacts Regional crises in Burundi and the Democratic Republic of the Congo (DRC) could become a further point of contention. Uganda-Rwanda frictions may hamper consensus-building in the already-divided East African Community. A spike in tensions could impact cross-border trade and tourism.

Civil service will shape post-election Nigeria future

2015 ◽  
Keyword(s):  
Transaction Costs ◽  
Civil Service ◽  
Civil Servants ◽  
Boko Haram ◽  
Public Servants ◽  
Content Type ◽  
Positive Effects ◽  
Capital Budget

Subject The role of Nigeria's civil service. Significance The civil service is the backbone of the Nigerian state and has proven vital in holding the country together -- a role likely to be tested by highly competitive polls in February. However, this legacy has created a set of institutions powerfully protective of its privileges, resulting in high transaction costs for firms, but also positive effects for businesses benefitting from public servants' consumption. Impacts Though the electoral commission's capacity is much improved, any disruptions (real or perceived) could spark protests and a disputed poll. Neighbouring states' doubts about the Nigerian army's command structures (and corruption) will hamper regional efforts to combat Boko Haram. Planned cuts to the capital budget will help accommodate a 5.9% rise in recurrent expenditure, including civil servants' salaries.

Tui takes dual training to the Turkish Riviera

2015 ◽  
Vol 23 (7) ◽  
pp. 12-14
Keyword(s):  
Human Resources ◽  
Vocational Training ◽  
Design Methodology ◽  
Training Model ◽  
Dual System ◽  
Content Type ◽  
Cross Border ◽  
German Investment ◽  
State Schools ◽  
Practical Implications

Purpose – Describes how the German dual system of education and vocational training is being adopted by travel operator Tui in Turkey. Design/methodology/approach – Describes the experiences of two employees at the Robinson Club who are benefiting from the dual system of training and provides information from the human resources (HR) manager responsible for training. Findings – Explains that, apart from being taught by the Robinson Club experts and state schools, trainees spend another year training at the club, with additional modules and then an external examination, which enables them to obtain the certificate of equivalence meaning their qualification is also recognized in Germany. Additional topics covered by the course include marketing, sourcing and more in-depth knowledge about service and kitchen work. Practical implications – Reveals that, to make the Robinson education project happen, Tui is working with the Turkish education ministry, the German pubic-employment service [(ZAV) (the cross-border agency for skilled labor)], the chamber of trade and industry in Hanover and und. Entwicklungsgesellschaft (DEG) and the German investment and development company. Social implications – Highlights the particular value of the training when considered against the background of high unemployment in Turkey. Originality/value – Gives the inside story of how the German dual-training model is being exported abroad.

CAGE distance framework and bilateral trade flows: case of India

2020 ◽  
Vol 43 (10) ◽  
pp. 1157-1181
Author(s):  
Kalpana Tokas ◽  
Arnab Kumar Deb
Keyword(s):  
Fixed Effects ◽  
Trade Flow ◽  
Empirical Support ◽  
Trade Flows ◽  
Content Type ◽  
Goods And Services ◽  
Cross Border ◽  
Border Trade ◽  
The Impact ◽  
Volume Of Trade

Purpose The paper is in the area of international business and international trade. Specifically, this paper aims to focus on cross-border trade flows of goods and services between India and its partner nations. Design/methodology/approach Using the Cultural, Administrative, Geographic and Economic (CAGE) distance framework (Ghemawat, 2001), this paper provides empirical support for the impact these distance factors exert on the volume of trade in goods and services between countries. The sample used for empirical analysis consists of a set of 62 OECD countries which are involved in trade in goods and services with India over the period 2005 through 2015. This paper estimates a fixed-effects model to provide a comprehensive examination of all the distance factors impacting the bilateral cross-border trade flows of India. Findings The empirical findings in this paper show that different dimensions of the CAGE distances have varied influence on volume of trade flows between India and its trading partners. Also, the extent of this influence is guided by the nature of industries – manufacturing or services. Originality/value Departing from the common practice in the literature, using the trade flow data for both Indian manufacturing and service sectors separately, this paper examines to what extent is the impact of these distance factors industry driven.

Qatar-Saudi deal will fall short of full Gulf unity

2021 ◽  
Keyword(s):  
Social Media ◽  
Saudi Arabia ◽  
United Arab Emirates ◽  
Content Type ◽  
Cross Border ◽  
Border Trade ◽  
Long Time ◽  
Trade And Investment

Significance The declaration ends the 43-month boycott of Qatar by Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt. Saudi Arabia has reopened its land border and airspace to Qatar, with other states following, and Doha will suspend related international legal claims. Media outlets are toning down their criticism of neighbouring states’ affairs. Impacts Ending the boycott will boost the Saudi and Qatari economies when some cross-border trade and investment resumes, post-pandemic. Differences over Iran will immediately test renewed GCC unity, as new US President Joe Biden moves to re-enter the nuclear deal. Unpublished provisions mandating media restraint may be difficult to verify and enforce, especially on social media. Political and societal trust will be hardest to rebuild, and memories of the rift will take a long time to dispel.

Emerging market capital flows may stabilise in 2016

2016 ◽  
Keyword(s):  
Monetary Policy ◽  
Capital Flows ◽  
Direct Investment ◽  
Emerging Market ◽  
Content Type ◽  
Global Capital ◽  
Cross Border ◽  
The Us ◽  
Global Growth ◽  
Economic Outlook

Subject Outlook for global capital flows. Significance Foreign direct investment (FDI) into emerging markets (EMs) rose slightly in 2015, according to the latest UNCTAD report on capital flows, as the growth of FDI in Asia offset losses in other areas. In the light of this, fears of a collapse in global capital flows in 2016, exacerbated by poor global growth, the commodity sell-off and the risks associated with the US monetary policy tightening, may prove excessive. Impacts The sharp divergence in capital flow trends will continue, punishing energy and commodity producers. India may experience robust FDI increases, illustrating that not all EMs are out of favour. Any improvement in the global economic outlook will translate into stronger cross-border flows.

Canada reform rollout faces few obstacles

2015 ◽  
Keyword(s):  
Democratic Party ◽  
House Of Commons ◽  
Content Type ◽  
Us Congress ◽  
Cross Border ◽  
Border Trade ◽  
The Us ◽  
Border Controls ◽  
New Democratic Party

Significance Conservatives have also pledged to support reforming the Senate as a non-partisan body and allow Trudeau to use his sizeable House of Commons majority to set policy without Senate interference. Impacts Prospective rejection of TPP by the US Congress may overshadow Canadian debate of the trade pact. Ending first-past-the-post voting may benefit the Liberals and New Democratic Party in future elections. Canadian cannabis legalisation may lead to stricter US border controls, with consequences for cross-border trade.

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