September 2, 2015
CIGI Papers No. 76
This paper presents a new way to design a court-based sovereign debt restructuring mechanism. While most proposals for such mechanisms aim to develop a multi-country or global mechanism to restructure sovereign commercial debts, this proposal suggests that a single country could set up a sovereign bankruptcy court and invite debtors to use its legal system to gain the benefit of the mechanism.
August 27, 2015
CIGI Papers No. 75
This paper examines the impact of both China’s bilateral investment treaties and double tax treaties simultaneously on China’s bilateral foreign direct investment inflows and outflows.
Landmark EU and US Net Neutrality Decisions: How Might Pending Decisions Impact Internet Fragmentation?
July 30, 2015
GCIG Paper No. 18
During the past decade, net neutrality has become a central issue in the debate over further development of the Internet. At a time when the United States has just adopted a landmark regulation on net neutrality and the European Union is in the final stages of defining its own position on net neutrality, this paper looks ahead and analyzes the implications of these decisions with a particular focus on their impact on Internet fragmentation.
July 21, 2015
GCIG Paper No. 17
The emergence of contention in Internet governance entails a twofold shift in the nature of the problems posed by Internet governance: first, cooperation problems have emerged where few previously existed; and second, existing coordination problems have become increasingly difficult to manage as a result of a rapidly increasing number of players and heightened distributional consequences.
July 10, 2015
GCIG Paper No. 16
What are the real trends in cybercrime? Recent media coverage has been rife with stories of large-scale data breaches, hacks and online financial crime. IT security firms publish yearly reports that generally show the security of cyberspace to be poor and often getting worse, but, as argued in this paper, the level of security in cyberspace is actually far better than the picture we’re given.
July 9, 2015
CIGI Papers No. 74
Ideology is important to conflict. Shared beliefs create a sense of group identity, specify targets of hostility and enable coordinated action. Understanding ideology is key to effective conflict resolution and management. But, up to now, it has been poorly understood.
June 11, 2015
CIGI Paper No. 73
Banking union involves the transfer of authority over banking policy from the national to the European level. This paper describes the rationale for banking union, four key pieces of legislation that constitute its legal foundation and two mechanism that form its key pillars.
June 10, 2015
Fixing Climate Governance Series Paper No. 1
Central banks, when purchasing financial assets, should consider selecting assets that will promote sustainability, including climate change mitigation and adaptation. Central banks not yet ready to factor social objectives into their decisions should at least incentivize bankers and asset managers to invest in climate mitigation activities and low-emission growth, as well as support a financial transaction tax to fund a new or established global fund for climate mitigation.
June 8, 2015
CIGI Papers No. 72
Can a trade agreement help achieve environmental goals? The answer to this question has traditionally been mixed, even skeptical. The Environmental Goods Agreement has the potential to produce a more positive outcome.
June 1, 2015
CIGI Paper No. 71
Responding to violent conflict begins with a diagnosis of what the conflict is about — the causes and triggers that transform a disagreement into an armed struggle. Behind the immediate reasons, however, there are often assumptions about the enabling conditions that underlie the conflict, and these assumptions provide the framework for the diagnosis. This paper reviews three of the underlying assumptions about African conflicts, and the pitfalls of responding with remedies that may not capture the whole picture. CIGI’s newly launched African Regional Conflict Management project will seek to understand regional conflict management capacity, identify gaps and make recommendations to bridge those divides.