Publications

Beyond Gridlock

Thomas Hale, Oxford University, and David Held, Durham University, et al. including Andreas Klasen, Offenburg University

It is now conventional wisdom to see the great policy challenges of the 21st century as inherently transnational. It is equally common to note the failures of the international institutions the world relies on to address such challenges. The world increasingly needs effective international cooperation, but multilateralism appears unable to deliver it in the face of deepening interdependence, rising multipolarity, and the growing complexity and fragmentation that characterise the global order. Comparing anomalies and exceptions to multilateral dysfunction across a number of spheres of world politics, Beyond Gridlock explores seven pathways through and beyond gridlock. While multilateralism continues to fall short, Beyond Gridlock identifies systematic means to avoid or resist these forces and turn them into collective solutions. The chapter “Trade: Gridlock and Resilience” offers a vital new perspective as well as a practical guide for positive change in trade policy.

Find out more: http://eu.wiley.com/WileyCDA/WileyTitle/productCd-1509515712.html


Introduction to the Special Section: Policy Instruments for Innovation, Investment and Global Trade

Andreas Klasen, Offenburg University, with Merli Margaret Baroudi, World Bank Group, Philippe Eudelle, Offenburg University, Anisse Terai, Islamic Development Bank Group, et al.

This Special Section on policy instruments for innovation, investment and global trade presents several approaches how to foster economic growth. It deals with well-known instruments such as guarantees and loans for trade finance as well as export credits. It also sheds light on how foreign direct investment strategies can be tremendously successful, and how governments can learn from effective policy approaches. It shows how financial instruments for investors can be used to manage and minimise risks. And, last but not least, it has a look at the government toolbox for innovation as well as the ingredients for an ecosystem combining different policy instruments.

Find out more: http://www.globalpolicyjournal.com


Foreign Direct Investment and Economic Growth: The Cases of Singapore and Oman

Philipp Eudelle, Offenburg University, and Ashin Shrestha, Siemens Financial Services

Economic growth is associated with improvements in productivity, and increasing productivity is driven by growth in economic efficiency, structural changes and substitutional activities. To raise these factors, innovation and trade are substantial drivers. However, there are many economies with a high potential for economic growth but a lack of domestic investment. Foreign Direct Investment (FDI) is able to fill the gap between investment needed to promote economic growth, and locally available investments. This article highlights the potential of FDI for small economies using Singapore and Oman as examples. Results show, for example, that Oman ranks well in terms of being a potentially attractive FDI destination and can learn a lot from the case of Singapore. Initial steps were launched with the draft of a proposed new Foreign Capital Investment Law in 2016. However, the law will only be effective after receiving clearance from several government bodies as well as the lower and upper house of the country.

Find out more: http://www.globalpolicyjournal.com


Instrumente staatlicher Innovationsfinanzierung für Infrastruktur

Andreas Klasen, Offenburg University, and Bernhard Eicher, bolz+partner

Regierungen weltweit haben in den vergangenen Jahrzehnten zahlreiche Programme und innovative Finanzierungsinstrumente zur Innovationsförderung entwickelt. Beispiele sind Zuschussprogramme für Forschung und Entwicklung, Beteiligungs- oder Wagniskapital für innovative kleine und mittlere Unternehmen, Förderkreditprogramme und Bürgschaftsinstrumente. Innovative Finanzierungen im Bereich der klassischen staatlichen Investition in Innovationsinfrastruktur gibt es dagegen kaum. Hier ergeben sich für Volkswirtschaften Chancen im Zusammenhang mit den Themen Eigenwirtschaftlichkeit, Rolle der öffentlichen Hand sowie dem Einbezug privater Partner. Dies gilt auch für die Schweiz, in wo der Bund zusammen mit der Stiftung Switzerland Innovation sowie zahlreichen Kantonen einen aus verschiedenen Standorten bestehenden Innovationspark fördert. Drei mögliche Realisierungsmodelle zur Finanzierung erläutern beispielhaft, wie öffentliche und private Infrastrukturinvestitionen ausgestaltet werden können. Dabei zeigt sich, dass neben mezzaninen Finanzierungsinstrumenten wie bedingt rückzahlbaren Darlehen auch die Wirkungsweise von Social Impact Bonds für Innovationsinfrastruktur genutzt werden kann. Hierbei ergeben sich in Bezug auf Erfolgsfaktoren und Risiken auch aus öffentlicher Sicht zahlreiche Vorteile.

Find out more: online.ruw.de/suche/riw/


Applying the ‘Strategic Econsystem’

Andreas Klasen, Offenburg University

To successfully support private sector development in Africa by the use of trade and export promotion instruments, a comprehensive policy framework is crucial. Different institutional setups for development support show different levels of resilience and effectiveness in coping with the economic conditions they are exposed to. However, there is strong evidence that managing the interplay of three fundamental building blocks – public policy, focus areas, strategic objectives and critical success factors as well as institutions, is the key to crafting sustainable and responsive economies. Export plays a significant role in the national economy, and innovative and integrated government financing instruments have to successfully support the competitiveness of national companies in the global economy. Financing and supporting foreign trade with private businesses in Africa occupies a pivotal role, impacting from new product development and job creation in developed countries through economic growth and human development in African countries.

Find out more: http://africapolicyreview.com/publications/


Die gesetzliche Pflicht zur Nachhaltigkeitsberichterstattung

Thomas Baumgärtler, Hochschule Offenburg, Tobias Popovic, Hochschule für Technik Stuttgart, und Steffen Lutz, BWGV-Bereich Prüfung Genossenschaftsbanken

In der genossenschaftlichen FinanzGruppe werden neben Verbundunternehmen wie zum Beispiel der DZ Bank rund 45 bis 50 Genossenschaftsbanken von der künftigen Berichtspflicht nach der sogenannten CSR-Richtlinie betroffen sein. Dieser Artikel gibt Hinweise zu Auswirkungen der neuen Gesetzeslage, aber auch zu Chancen und Potenzialen. Diskutiert wird insbesondere, was das neue Gesetz bzw. der Regierungsentwurf von 2016 besagt, und was die Vorgaben konkret für Genossenschaftsbanken bedeuten. Der Beitrag diskutiert zudem Synergien, Chancen und Potenziale: Das Thema Nachhaltigkeit kann wertvolle Impulse für eine zielgerichtete Weiterentwicklung des eigenen Geschäftsmodells bieten, beispielsweise wie neue Kundengruppen und/oder neue Ertragspotenziale mit Hilfe von neuen Produkten beziehungsweise Geschäftsfeldern erschlossen werden können.

Find out more: www.wir-leben-genossenschaft.de/files/Geno%20Graph_01-17_lesen_drucken.pdf


Risk Aversion, Financing and Real Services – Results from the Global CEO Survey

Andreas Klasen, Offenburg University, and Simone Krummaker, University of Westminster

The Global CEO Survey was launched in 2015 by researchers from Offenburg University, the University of Westminster and the London School of Economics and Political Science (LSE) to better understand and discover what factors influence exporters’ demand for credit insurance. Although some scholars discussed aspects of corporate insurance demand with regard to exporters, there is limited research concerning the demand for export credit insurance associated with firm-specific factors. Only few empirical studies support existing theories on corporate insurance demand and export credits. This project investigates and fills the relevant gap of official export credit insurance demand.

Find out more: https://www.berneunion.org/Publications


Steuerungseinsatz von Business-Intelligence-Systemen an Hochschulen in Deutschland

Philipp Jung, Hochschule Offenburg, Anne Najderek, Hochschule Offenburg, und Stephan Trahasch, Hochschule Offenburg

Der Beitrag gibt Einblicke in die Ergebnisse einer Umfrage zum Einsatz von „Business Intelligence (BI)“-Systemen an Hochschulen in Deutschland. Insgesamt 84 Teilnehmer aus vornehmlich Universitäten und Hochschulen für angewandte Wissenschaften wurden mittels einer breitgefassten Umfrage zum Vorhandensein entsprechender Systeme und ihrem Einsatz an ihrer Hochschule befragt. Es zeigt sich, dass der überwiegende Teil der befragten Einrichtungen bereits über entsprechende Systeme verfügt. Während deren Nutzung zur Befriedigung der Eigeninformationsbedürfnisse ausgeprägt ist, wird ihre Steuerungsrelevanz jedoch nur als mäßig angesehen. Dies ist unter anderem daran festzumachen, dass die Frequenz der Nutzung von Berichtssystemen, die durch die Nutzer nicht als führendes BI-System angesehen werden, im Vergleich kaum niedriger ist. Gerade hinsichtlich des Einsatzes als Steuerungsinstrument müssen BI-Systeme verstärkt in die Hochschulprozesse integriert werden.


The Future of Foreign Trade Support

Andreas Klasen, Offenburg University, and Fiona Bannert, Asian Development Bank

Creating growth through trade is an important part of the policy approach of many economies. For decades, many member countries of the Organisation for Economic Co-operation and Development (OECD) have cooperated in a fair competition for the benefit of their national exporters. The countries’ official export credit agencies (ECAs) have established and jointly improved rules and regulations for export credit and political risk insurance. However, new players such as China, Russia or other fast developing countries have now joined the list of top exporting nations. As these countries have established their own ECAs, there is a need to introduce rules and regulations on global standards for financial terms as well as truly international norms ensuring ‘ethical’ trading behaviour.

But how will government support for foreign trade look like in the future? Will global standards for export credit and political risk insurance become reality by 2020? And how will strict rules and regulations for officially supported export credits and FDI regarding ethics, human rights and the environment impact growth through trade in general, or exporters in particular? These are questions addressed by the thirty eight contributions to Global Policy’s third eBook entitled ‘The Future of Foreign Trade Support – Setting Global Standards for Export Credit and Political Risk Insurance’, guest edited by Andreas Klasen and Fiona Bannert.

Find out more: http://www.globalpolicyjournal.com/projects/gp-e-books/future-foreign-trade-support-setting-global-standards-export-credit-and-politica