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| 1 |
ID:
170677
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| Summary/Abstract |
The article outlines four types of globalism contending for hegemony today. The struggle of what effectively represents different types of international order is one reason why international politics today looks so disordered. The BRICS association is firmly located as part of one of these orders, that of sovereign internationalism, but is challenged by the disruptive implications of the Trumpian mercantilist order. BRICS and its members as a result are drawing closer to the liberal internationalist model. However, this is made more difficult by liberalism’s shift towards some of the Trumpian exclusionary agenda. Despite some inner contradictions, the BRICS is one of the institutional and normative cornerstones of sovereign internationalism.
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| 2 |
ID:
132959
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| Publication |
2014.
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| Summary/Abstract |
Rare earth elements (REE) captured a startled world's attention during the 2010 Diaoyu/Senkaku Islands crisis, when it appeared that China withheld access to them during its border dispute with Japan. China asserts that its sovereign right to environmental regulation and national production quotas is unassailable. However, China's trade measures appear to be inconsistent with WTO rules, as well as with environmental protection and conservation, since they incentivize illegal mining and smuggling practices. In an upcoming case (DS431), the United States, the European Union, Japan and 16 third parties will argue before the WTO that China's trade measures on rare earths, tungsten and molybdenum constitute discriminatory behaviour and are illegal. This raises the question of whether China is inappropriately using the environment as a defence against allegations that its rare earth trade policies are in violation of its WTO obligations.
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| 3 |
ID:
126583
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2013.
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| Summary/Abstract |
This article tests systematically the effect of political structures on the credibility of sovereign debtors in advanced economies. It argues that power-sharing and party system polarization have important effects on long-term interest rates. Where collective responsibility is high and polarization is low, the market perceives a more credible commitment on the part of sovereign debtors. These arguments derived from the theory of credible commitments perform much better than alternative accounts of the politics of sovereign debt, namely a market preference for right-wing governments and more flexible polities. The principal data consist of a panel of 23 rich countries between 1970 and 2009. There are tests for robustness to a wider sample and a variety of different measurements.
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