Position Papers
  • Position Paper 52 - Angel Saz-Carranza - July 2018
    Recently, populists and nationalist groups and governments have called into question the momentum gained by institutionalised global cooperation. In this Policy Brief we argue that inductive global governance is a bottom-up mode of organising global collective action that has been successful in addressing certain global challenges and should be reinforced. Furthermore, it can also so be very useful to counter populist attacks on global governments through argument, resilience and efficiency. We use the Paris agreement to illustrate inductive governance in several dimensions, and also refer to other global issues where bottom-up governance is working: the 2030 Agenda and Internet Governance. Inductive governance differs from traditional modes of international governance in several aspects. The latter can be considered strengths as regards the populist attack on international institutions, as they connect the global level of governance with civil society, public opinion and subnational governments, and they contribute to a more efficient and accountable use of public resources. These aspects are: participation and dialogue, efficiency, government control, accountability, resilience and private funding. Consequently, we recommend the G20 to foster an increasing inductive or bottomup global governance in the sense of improving the acceptance and social support for government coordination and IGO activities. This can be done by improving social awareness and networking around the issues of concern of the G20, seeking voluntary agreements between governments rather than international treaties, raising support from non-governmental actors and subnational governments to reinforce such agreements and following up on implementation through multistakeholder coalitions.
  • Position Paper 51 - Ángel Pascual-Ramsay - May 2018
    The Geopolitical Dissonance of Markets
    Political and geopolitical risks are no longer a tail risk for business. Many recent shocks to markets, from Brexit to the increasing risk of a China-US trade war, are political in nature – and these are just the ripple effects of major shifts in the world’s political and geopolitical paradigms. The era of relative global stability that characterized the Western world after World War II is coming to an end, and a new period of political, geopolitical and economic flux is beginning. What makes this era particularly problematic is that it is the first time in recent history that a global economic dislocation and a global geopolitical rearrangement have coincided. The convergence of these two mutually reinforcing shifts provides fertile ground for continuing shocks to markets. The question is what impact these shocks will have on corporations and investors – but the answer is not evident. On the one hand, there is evidence that business executives are quickly waking up to their salience and potential negative impact, yet on the other hand, the increase in political instability has not (at least for the time being) hurt markets or corporate earnings. Although one might argue that the potential negative consequences of these events are yet to materialize, markets should have discounted them and this should have been reflected in valuations. This paper will argue that certain ‘geopolitical dissonance of markets’ may lay at the root of this mispricing of risk.
  • Position Paper 40 - Raúl Alcaide Alonso / ESADEgeo - June 2016
    Studying the Effects of Political Risk on FDI Inflows: The Case of Egypt
    This paper aims to underscore the importance of performing sound political risk analysis in addition to standard economic and/or financial assessments before entering new markets – especially developing ones. The case of Egypt, particularly in the time period after the Arab Spring revolutions, is taken as an example. First, the paper analyzes the effects of political risk events in Egypt between 2010 and 2014 on FDI inflows over the same period of time. Second, the paper uses the ICRG methodology to provide a snapshot of the current level of political risk in Egypt. Finally, the paper draws these two analyses together to help forecast how risk will shape foreign investment in Egypt in the near future.
  • Position Paper 39 - Maximilian Schubert / Angel Saz-Carranza - May 2016
    Investor-State Dispute Settlement & the Transatlantic Trade and Investment Partnership (TTIP)
    The debate over the inclusion of investor-state dispute settlement (ISDS) clauses in the Transatlantic Trade and Investment Partnership (TTIP) has developed into a key issue with the potential to derail the overall treaty as growing numbers of stakeholder groups get involved. To determine if the critiques are reflected in statistical evidence, this position paper explores the standpoints of the biggest stakeholder groups and compares their main arguments with publicly available statistics on historical ISDS cases. The results confirm a substantial need for reforms to increase the public’s trust in the ISDS system’s legitimacy and impartiality, and to guarantee the survival of TTIP.
  • Position Paper 38 - Xavier Gimbert - January 2016
    Perú: Siete claves de éxito & siete limitadores del crecimiento
    En este position paper, que se basa parcialmente en diecisiete entrevistas a altos directivos y empresarios peruanos,se examina el desarrollo económico de Perú desde los noventa, momento en el que se superaron por fin las dos décadas perdidas de los 70 y 80, repletas denefastas políticas económicas y terrorismo. Se analizan siete factores claves en el éxito económico de Perú, además de siete factores que pueden resultar o están resultando limitadores del crecimiento del país.[Este position paper se ofrece únicamente en castellano.]
  • Position Paper 37 - ESADEgeo - November 2015
    París, kilómetro cero: Las noticias sobre la cumbre del cambio climático en París (COP21)
    Desde el 30 de noviembre al 11 de diciembre, París se moverá al ritmo de negociadores y jefes de Estado y gobierno que se reunirán para redactar el acuerdo sobre cambio climático más importante de los últimos veinte años. Su objetivo último será reducir las emisiones de gas de efecto invernadero, limitando así el calentamiento global. París será el kilómetro 0 de una nueva etapa en la lucha contra el cambio climático. Desde ESADEgeo queremos contribuir a informar el debate, por eso, señalamos las noticias más relevantes relacionadas con la conferencia. En este documento se recopilan todas las ediciones de ‘París, kilómetro cero’.