Global Governance Initiative Annual Report 2005

This is an annual report of the WEF

Private equity: financial investors, public services, and employment

The report surveys the activity of private equity and other financial investors in the water, waste and healthcare sectors in Europe. It includes the appraisal of a WEF study on employment effects

Epistemic communities and developmet [sic]: the Davos process and knowledge production

ABSTRACT This dissertation seeks to examine the role of an international institution, the World Economic Forum (WEF), its meetings (referred to as the Davos process), in determining the global development agenda particularly that of Africa. The research is anchored in the conceptual framework of epistemic communities, as explored by Peter Hass. This conceptual framework aims to explain how ideational structures routinely influence policy and decision making. The dissertation interrogates why and how actors coalesce around the WEF, and help the WEF in shaping decisive debates which have profound implications for important development issues such as poverty alleviation, debt reduction, private sector development and the future of the global economy. Starting as an informal interaction of leading Western European businessmen, the annual conclave of the WEF at Davos, Switzerland, has grown into leaps and bounds to incorporate core corporate, political and non state actors across the globe in a structured framework of influence and agenda setting. In addition to its influence on contemporary economic debates, the WEF has established formal knowledge creation and knowledge management structures, in which it conducts research across a wide array of domains. The dissertation also examines how the WEF has gradually expanded into Africa, helping shape the discourse at the level of the African Union (AU) and the Southern Africa Development Community (SADC), through the Africa WEF summits and the sub regional WEF summits. The dissertation concludes that although the WEF has been instrumental in shaping knowledge about African development issues, there is need to engage more African voices in future development debates. Yet, the dissertation also concedes that the WEF dominates in the development arena largely because of the persistence of global asymmetries in the global production of knowledge and ideas. So, for Africa to overcome these asymmetries, it will have to evolve sound endogenous sources of knowledge systems

Private equity and employment - the Davos/WEF/Harvard study

The World Economic Forum at Davos has published a major study showing that workplaces of firms taken over by private equity have 10% less employees 5 years after the takeover, than other similar workplaces. The rate of plant closures, opening, acquisitions and disposals is twice as high as in other firms, and the net effect is still a job loss of 3.6%-4.5% after only 2 years, compared with other firms. Firms taken over by private equity are also more likely to go bankrupt than publicly quoted firms

Challenges in operationalizing the water–energy–food nexus

Concerns about the water–energy–food (WEF) nexus have motivated many discussions regarding new approaches for managing water, energy and food resources. Despite the progress in recent years, there remain many challenges in scientific research on the WEF nexus, while implementation as a management tool is just beginning. The scientific challenges are primarily related to data, information and knowledge gaps in our understanding of the WEF inter-linkages. Our ability to untangle the WEF nexus is also limited by the lack of systematic tools that could address all the trade-offs involved in the nexus. Future research needs to strengthen the pool of information. It is also important to develop integrated software platforms and tools for systematic analysis of the WEF nexus. The experience made in integrated water resources management in the hydrological community, especially in the framework of Panta Rhei, is particularly well suited to take a lead in these advances

Private equity, productivity and earnings

A detailed study in the USA shows that workers experience a relative fall in earnings after a takeover by private equity. Also, companies bought by private equity are at great risk of defaulting on their debts in the next 2 years

International competitiveness power and human development of countries

Human development should be the ultimate objective of human activity and its aim should be healthier, longer, and fuller lives. It is expected that if the competitiveness of a country is suitably managed, human welfare will be enhanced as a consequence. The research described here seeks to explore the relationship between the competitiveness of a country and its use for human development. For this purpose, 45 countries were evaluated using data envelopment analysis, where the global competitiveness indicators are taken as input variables and the human development index indicators as output variables. A detailed analysis is also conducted for the emerging economies

Resilience: an all-encompassing solution to global problems? A biopolitical analysis of resilience in the policies of EC, FEMA, UNDP, USAID, WB, and WEF

This thesis examines the use of resilience in international policy-making. A concept that originally meant an ability of ecosystems to absorb disturbance has not only been welcomed in many disciplines outside ecology, but lately become popular in the policies of international organisations that claim resilience as a solution to various ‘global problems’ such as climate change, underdevelopment, or economic crises. The study contributes to the ongoing critical discussion on the governance effects of resilience. Here, the Foucauldian theory of biopolitics and the concept of governmentality are useful. Resilience now addresses human systems and communities with concepts from natural sciences, thus making it a biopolitical phenomenon. Specifically, the thesis asks how mainstreaming resilience affects the pursuit of agendas in six organisations: European Commission, Federal Emergency Management Agency, United Nations Development Programme, United States Agency for International Development, World Bank, and World Economic Forum. Using Foucauldian discourse analysis, the study is thematically divided into adaptive, entrepreneurial and governing aspects of resilience. Each part explicates how truth, power and subjectivity are constructed in the discourse. The analysis shows that contrary to the policy claims, resilience does not function as a solution but is constitutive of the problems it attempts to solve. The current policy discourse confirms pre-existing practices and power relations, and further problematizes issues on the agendas. The thesis confirms that the policies are trapped in a neoliberal biopolitics that has problematic implications for human subjectivity and political agency. It further concludes that if resilience is to have any practical relevance and positive effects, the policy discourse has to be changed, for which current critical accounts do not offer a plausible direction. Therefore, a distinction between resilience as a policy tool and social resilience is needed, whereby the use of resilience as a policy solution is reduced to disaster risk reduction and similar technical functions, and social resilience is recognised as a communal capacity that cannot be subject to policy regulation

The Chinese position as a global player in international comparison with the WTO members: Efficiency analysis and 4IR

During the last quarter-century, globalisation processes affected changes in the world economy in the form of intensifying competition in the international and internal markets. The result is the creation of a global marketplace that is mostly indifferent to national borders and governmental influences. This development has generated widespread interest in competitiveness. Competitiveness affects international relations, especially nowadays, given the changing position of the global leaders and the growth of new economic powers such as China. China has come a long way and has the opportunity to be a global leader in several required fields that will be the cornerstones of global growth in the next decades. Led by China, emerging economies are increasing their share in the worldwide economy and intensifying competition in nearly all sectors. It creates new threats and challenges for players in the global economy, and growing competitiveness must be efficient. The article evaluates the Chinese competitiveness in comparison with the World Trade Organization members by the Data Envelopment Analysis in the pre-in-post crisis period and considering the Fourth Industrial Revolution shifting humanity into a new phase.Web of Science6148

Spectral Shape of Doubly-Generalized LDPC Codes: Efficient and Exact Evaluation

This paper analyzes the asymptotic exponent of the weight spectrum for irregular doubly-generalized LDPC (D-GLDPC) codes. In the process, an efficient numerical technique for its evaluation is presented, involving the solution of a 4 x 4 system of polynomial equations. The expression is consistent with previous results, including the case where the normalized weight or stopping set size tends to zero. The spectral shape is shown to admit a particularly simple form in the special case where all variable nodes are repetition codes of the same degree, a case which includes Tanner codes; for this case it is also shown how certain symmetry properties of the local weight distribution at the CNs induce a symmetry in the overall weight spectral shape function. Finally, using these new results, weight and stopping set size spectral shapes are evaluated for some example generalized and doubly-generalized LDPC code ensembles.Comment: 17 pages, 6 figures. To appear in IEEE Transactions on Information Theor