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Progress in International Economic Governance

2014 CIGI Survey of Progress in International Economic Governance

2014 Responses by Expert

Browse full survey responses from each expert by selecting their name below:

Survey Home Quantitative Summary

Jason Thistlethwaite / 2014 Responses

Overall Ranking

0%

The overall ranking represents the average of all responses provided by the expert — detailed responses to each dimension are provided below. Note that some participants provided their evaluation for a few dimensions only.

Macroeconomic and Financial Cooperation

N/A
No response was provided by Jason Thistlethwaite for this question.

International Cooperation on Financial Regulation

N/A
No response was provided by Jason Thistlethwaite for this question.

Cooperation on Trade

N/A
No response was provided by Jason Thistlethwaite for this question.

Cooperation on Climate Change

0%
Question: How much progress, on balance, has been made on climate change in the last year?

"North south collection action problems continue to stall progress on effective climate change governance at the international level. This is in part due to a deficit in domestic political support required to advance a binding emissions treaty at the international level in both developed and developing countries. The international climate change regime has effectively regressed with many countries ignoring the urgency needed to advance progress.

The density of policy actions on climate change grows as you move away from the inter-state realm. National and sub-state jurisdictions are inherently more exposed to climate change risk, which is a more significant motivator for action. Examples include California’s emission trading system or B.C.’s carbon tax.

There has also been a proliferation of “experimentation” on climate change policy orchestrated by transnational and non-state actors. Business-NGO alliances are increasingly active in developing their own regulations for climate change due to shareholder and stakeholder pressure. Unlike most climate change research, which tracks UNFCCC negotiations, there is much more opportunity to assess whether private and transnational efforts are proving effective at advancing climate policy. Most research to date has mapped the growing density of private policy, but we know little about its effectiveness."

- Jason Thistlethwaite
CIGI Fellow

Progress Scale

Major Progress 85-100

Estimates between 85% and 100% represent the ability to withstand the pressures of a severe, unanticipated major shock to the world economy, preventing sustained unemployment or inflation. International agreements are effective. Key institutions have strengthened their governance and accountability and have the tools and resources required to perform effectively.

Major Progress 80-100

Estimates between 80% and 100% represent the ability to withstand the pressures of a severe shock to the world economy and to prevent sustained unemployment or inflation.

Some Progress 70-84

Estimates between 70% and 84% reflect some progress that inspires confidence in the stability of the world economy against large-scale shocks Conditions are conducive to inclusive global economic growth.

Some Progress 60-79

Estimates between 60% and 79% reflect conditions that inspire confidence and that are conducive to growth.

Minimal Progress 55-69

Estimates between 55% and 69% indicate a level of progress sufficient to inspire confidence in long term, sustainable balanced growth, but with non-negligible risks to the world economy if confronted by shocks.

Status Quo 45-54

Estimates between 45 and 54% represent stagnation in progress or regression, with low to negligible developments in international discussions or a lack of displayed interest. Public documents exclude mention of the topic or pay minimal due to the issue, with little to no developments in stability or growth.

Minimal Progress 40-59

Estimates between 40% and 59% indicate a level of progress sufficient to inspire confidence in the long term, but with non-negligible risks to the world economy if confronted by shocks.

Minimal Regression 30-44

Estimates between 30 and 44% represent a level of regression sufficient to cause concern for the direction of long term growth. Conditions have not yet worsened significantly, but the global economy shows signs for concern.

Some Regression 20-39

Estimates between 20% and 39% represent some regression, pointing to non-negligible risks to the stability of the world economy if confronted by large-scale shocks.

Some Regression 15-29

Estimates between 15% and 29% represent some regression that instills concern for the stability of the world economy against large-scale shocks. Indications suggest insufficient progress and conditions unfavorable to long term growth.

Major Regression 0-14

Estimates between 0% and 14% represent major regression towards a fractious and chaotic international system, with significant risks to the stability of the world economy. Multilateral negotiations are at a standstill, and key institutions lack the tools and resources to perform effectively.

Major Regression 0-19

Estimates between 0% and 19% represent major regression toward a fractious and chaotic international system, with significant risks to the stability of the world economy.