The Hermit Kingdom's Chinese Reforms: The North Korean Foreign Investment Regime

2019 ◽  
Author(s):  
Henri Feron

Subject Sudan's new cabinet. Significance The prime minister has appointed a new unity government, in accordance with a disputed 'national dialogue' framework completed last year. For the past five years, Sudan has been facing the combined economic pressures of budget cuts, reduced foreign investment, a weakening currency and rising inflation. The former government pushed through some subsidy cuts, despite public protests over the ensuing economic hardship. In January, Washington announced a lifting of economic sanctions on Sudan, raising Khartoum's hopes that it will become easier to attract foreign investment. Impacts Gulf institutions will provide new financing for energy and infrastructure projects. Mining and agriculture opportunities in the north and centre of the country could also attract some new investment. However, major Western companies will remain wary of doing business in Sudan.


Subject Problems with implementing the Algiers Accord. Significance President Ibrahim Boubacar Keita (IBK) reshuffled his cabinet for the second time this year on September 24. Despite adding four extra posts, none of the new ministers represent armed groups in the north. Five months since signing the Algiers Accord with northern groups, implementation of the peace agreement has barely begun. Impacts There is a risk of attacks on army posts in the north and elsewhere. Aid organisations will remain vulnerable to attacks in the north of the country. Foreign investment in the mining sector will stay subdued. The Bamako government will seek to sustain international and regional confidence in the Accord.


2020 ◽  
Vol 10 (4) ◽  
pp. 1
Author(s):  
Bettina Jones

Beginning in 2006, the North Macedonian government pursued a strategy for attracting foreign investment to the country to develop it economically. In theory, FDI inflow should have this effect in a developing country mainly by contributing to productivity spillovers to domestic firms and knowledge spillovers to the domestic labor force. The goal of the research was to determine what statistical association might exist between FDI inflow and economic growth in North Macedonia, to determine if the policy of FDI attraction was having one of its desired effects. The paper fleshes out the economic growth function Y=F(K, H, L, A); growth is a function of capital, human capital, labor, and technology to determine which variables to utilize. It was found that neither FDI inflow nor any of the other considered factors for economic growth had a significant association with growth. However, taken together, all these factors did a moderately good job of explaining the variation in economic growth over the considered period. Thus, arguments for FDI inflow’s being a silver bullet for economic growth may be misplaced, as many other factors matter as well. This does not suggest that foreign direct investment ought not to be used as an economic development tool, however, as it may be having effects that are not captured by changes in economic growth.


10.1068/c6p ◽  
2007 ◽  
Vol 25 (4) ◽  
pp. 537-552 ◽  
Author(s):  
Matthew Gibb

In recent years, the concept of the global city has become an important expression primarily used to characterise Western cities that have become key nodes for headquarter functions, financial services, information processing, and other activities that have been undertaken to announce their influence as world leaders. However, this paper parallels recent academic moves to look beyond the North and concludes that global cities also exist in the South. It further introduces Cape Town as a contemporary example of one such city that is becoming more worldly in both appearance and outlook. The city's position as an up-and-coming global city can be accredited to a range of comparative advantages and strategic interventions including successful rejuvenation strategies, gentrification of certain neighbourhoods, a rising number of foreign visitors, and the construction of a world-class international convention facility. While it may not be a top-ranked competitor, Cape Town does display global city characteristics such as a growing aggressiveness on the part of urban planners and development practitioners in foreign investment attraction, strategic marketing campaigns, and the hosting of high-profile events that provide valuable lessons for aspiring secondary global cities.


Subject Customs union. Significance On June 26, Presidents Jimmy Morales of Guatemala and Juan Orlando Hernandez of Honduras formally launched a customs union between their countries, in an effort to boost trade by reducing or eliminating tariffs. The arrangement is the first of its type in Central America and may prove a step towards greater regional economic integration. Impacts The union may attract greater foreign investment, by allowing potential investors to spread operations across two countries. Bilateral moves may allow integration to advance in easily negotiable areas, while problematic issues such as border disputes are deferred. Washington’s recently stated intention to maintain tariff-free trade within NAFTA should ease concerns regarding the future of DR-CAFTA. Increased US deportations will further discourage moves towards more open borders, particularly between the north and south of the Isthmus.


2018 ◽  
Vol 8 (2) ◽  
pp. 296-317
Author(s):  
Ikhsan Fatah Yasin

This article discusses the General Principles of Good Governance (AAUPB). It has a long journey from the beginning of its coming in the Netherland to its application in Indonesia today. AAUPB, which previously was only in theoretical realm, it changes into Law No. 30 of 2014 today. The principles contained in the law are legal certainty; expediency; impartiality; accuracy; not to abuse authority; openness; public interest; and good service. In addition to these principles, we can also use other principles as far as they become the basis for the judges' judgments that have permanent legal force. In various cases, the basis of the claim of AAUPB does not stand alone but it is also juxtaposed with violations of statutory regulations. The Supreme Court verdict has become a jurisprudence between Suhaili Saun (shareholder in PT Volex Batamindah) and the Chairman of BKPM, although the plaintiff also argued that violating the AAUPB namely the principle of legal certainty, the defendant also violated article 2 letter b of Law No. 1 of 1967 about Foreign Investment. In the case of the dismissal of Bripda Helga Musa Sitepu by the Head of the North Sumatra Regional Police, the decree has violated article 2 paragraph 2 letter d and article 11 paragraph 1 of KAPOLRI regulation No. 8 of 2006 and was contrary to the principle of the district.


2001 ◽  
Vol 33 (2) ◽  
pp. 377-407 ◽  
Author(s):  
RAFAEL TAMAYO-FLORES

The regional impact of the economic integration between Mexico and its northern neighbours remains virtually unexplored for Mexico. This research substantiates what had hitherto been no more than conjectures regarding the impact of NAFTA on the most laggardly Mexican regions. The southern states have been unable to share in Mexico's impressive export-growth and attraction of foreign direct investment (FDI) of the 1990s. Neither the insignificant amount of fdi received by these states nor the increase in their small export-value level can be attributed to opportunities created by NAFTA. The strong linkage between fdi and exports, and the predominance of manufacturing observed at the national level and in other northern states does not exist there. In the state of Oaxaca export growth is largely accounted for by a primary commodity whose production has no foreign investment participation. This local scenario is consistent with the interregional divergence trend observed since the start of the process of economic integration.


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