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Policy Briefs

Policy briefs develop information and analysis, followed by recommendations, on policy-oriented topics. They are found useful by policy makers, policy specialists, the media and interested scholars.

Canada's Coming Property Insurance Crisis

March 11, 2015
In many areas across Canada, climate change will erode the conditions necessary for property insurance to remain available and affordable. This policy brief looks at the challenges facing the insurance system and presents policy recommendations aimed at sustaining and maximizing the insurance system and its benefits.

When Central Banks Surprise: Why It Is Important and What Policy Makers Need to Do about It

January 28, 2015
CIGI Policy Brief No. 56
Drawing on CIGI-sponsored research, this policy brief discusses the potential effects of unexpected US news events on global capital flows. It then identifies the countries that are most vulnerable to global financial volatility and discusses the role of the Group of Twenty in facilitating a stronger and more resilient global economy.

The Arctic Council Leadership Merry-go-round: Words of Advice as the United States Assumes the Arctic Council Chairmanship

January 26, 2015
CIGI Policy Brief No. 55
Jennifer Spence
In April 2015, the United States will assume the chairmanship of the Arctic Council, and its focus on climate change must be complemented by efforts to further advance sustainable economic development. The credibility and relevance of the Arctic Council is at stake — leadership is needed to establish a long-term vision, strengthen the council’s governance model and work with all stakeholders to tackle the substantial policy challenges that the region faces.

Further Reform of Sovereign Debt Restructuring: An Agenda for 2015

January 13, 2015
CIGI Policy Brief No. 54
Richard Gitlin and Brett House
In September 2014, the UN General Assembly passed Resolution 63/304, which expressed the will of many member states to move toward the development of a multilateral framework for sovereign debt restructuring.

Identifying and Resolving Inter-creditor and Debtor-Creditor Equity Issues in Sovereign Debt Restructuring

January 12, 2015
CIGI Policy Brief No. 53
Skylar Brooks, Martin Guzman, Domenico Lombardi, and Joseph E. Stiglitz
This policy brief draws on a joint workshop with Columbia University on Frameworks for Sovereign Debt Restructuring, held in New York on November 17, 2014. It narrows in on a specific set of salient issues that affect debt restructuring processes and outcomes: those related to inter-creditor and creditor-debtor equity. It also offers a few policy considerations for beginning to resolve these issues in ways that contribute to fairer and more effective debt restructurings.

Bootstrap Immigrants: Assessing the Conservative Transformation of Canada's Immigration Policy

December 15, 2014
CIGI Policy Brief No. 52
Of all the reforms launched by this most conservative of Conservative governments, none surpass the root-and-branch restructuring of Canada’s immigration polices. And what has come before does not equal what is to come. On January 1, 2015, the federal government will replace the points system used to select immigrants for nigh on 50 years with the entirely new Express Entry program. The goal is to better align the abilities of immigrants to the needs of the Canadian economy. Well-educated, fluent in English or French or both, self-reliant, able to fit seamlessly into the workforce without need of government assistance — these “bootstrap immigrants,” as they could be called, might also be inclined to vote Conservative.

Improving Access to Food in Sub-Saharan Africa: Using the Diffusion of Agroecological Information to Mitigate Climate Change Effects

November 13, 2014
CIGI Jr. Fellows Policy Brief No. 21
Suhani Bhushan and Stephanie C. Fauquier
Sub-Saharan African smallholder farmers face numerous agricultural obstacles — such as climate change and the environment, corporate commodification of food and unpredictable political environments — and farmers are finding it difficult to sustain agricultural livelihoods and output. The international community currently approaches these obstacles through biotechnology, a temporary solution that contributes to the overarching issues of food security.

A Call to the Conference of the New England Governors and Eastern Canada Premiers for Bilateral Energy Governance

November 13, 2014
CIGI Jr. Fellows Policy Brief No. 20
Andrew Adams, Lyne Maheu, and Kieran McDougal
Launched in 2009, the Northern Pass Transmission Project is meant to carry electricity from Quebec to the New England grid by way of New Hampshire. The project is in a political deadlock, however, because alternative methods have not been investigated and New Hampshire bears major economic, social and ecological costs while receiving few benefits from the proposed transmission line.

Let Bygones Be Bygones: The Case for India’s Inclusion in APEC

November 10, 2014
CIGI Policy Brief No. 51
The 2014 Beijing APEC summit, taking place on November 10-11, provides leaders with the opportunity to respond to worries about APEC’s relevance by pledging to add members in 2015. This policy brief examines the recent history of India's exclusion from APEC and argues that it must be among the new members in 2015.

The 2014 Survey of Progress in International Economic Governance

November 7, 2014
CIGI Policy Brief No. 50
The annual CIGI Survey of Progress in International Economic Governance assesses progress in four dimensions of international economic governance: macroeconomic and financial cooperation; cooperation on financial regulation; cooperation on trade; and cooperation on climate change.
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