• The Business of Campaigns

    In 2022, the U.S. Congress examined the Democracy Is Strengthened by Casting Light on Spending in Elections (DISCLOSE) Act, the latest in a long series of campaign finance reforms. According to its authors, the law would be the "most consequential overhaul of federal campaign finance" in 20 years. In addition to prohibiting campaign spending by foreign nationals, the reform would require organizations to disclose their major political donors in order to curtail the rise of "dark money" following the 2010 Supreme Court decision Citizens United v. FEC. The emergence of new online conduits also spurred an increase in small campaign contributions, which some hoped might counterbalance the influence of large donors. Overall, significantly more money entered politics in the U.S. than in any other democracy: $17.20 per capita in 2020 (case p. 5). Beyond changes in campaign finance, electoral campaigns have undergone dramatic changes in the last two decades, from the revival of campaign strategies focusing on the mobilization of non-voters to the increasing reliance on social media, such as the unprecedented use of Twitter by Donald Trump in 2016. While campaign activities had long been determined by culture and habit, modern campaigns were informed by the latest advances in social science. They used rich individual-level data to choose which voters to target with outreach efforts. Campaigns have made dramatic gains in efficiency. However, scandals such as the Facebook-Cambridge Analytica data breach led observers, regulators, and many concerned citizens to wonder whether candidates were abusing the vast resources available to them to manipulate the electorate. As they were discussing DISCLOSE, members of Congress debated whether 1) business involvement in campaigns had been a force for good; 2) campaign contributions should be encouraged or curtailed; and 3) regulations of other dimensions of electoral campaigns should be reformed.
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  • The 2012 Spanish Labor Reform: Lifting all Boats, or Leveling Down?

    Since 1978, Spain had struggled to control unemployment. The country's labor law was protective of employees hired long-term and companies used temporary contracts as buffers. In 2012, amid economic recession and a 23.6% unemployment rate, a center-right government of Mariano Rajoy passed a reform to liberalize the labor market. The authors of the labor reform argued that it helped to close the current account deficit and recover from the recession. Critics of the reform instead argued that it increased job precariousness and impoverished employees. Others believed that even more flexibility was necessary. In January 2021, Spain was governed by a coalition between the socialists and the extreme left-wing electoral alliance Unidas Podemos, led by the populist left wing party Podemos. Both the Prime Minister Pedro Sánchez, also the socialist party leader, and Pablo Iglesias Turrión, Second Deputy Prime Minister, Minister of Social Rights and the head of Podemos, had promised to repeal the labor law in the electoral campaign of 2019. But not all ministers in the cabinet shared the same view. In addition, the government was applying for funding from the EU to help the Spanish economy to recover from the recession that followed the COVID-19 pandemic. But to unlock the €140 billion in grants and loans from the EU COVID-19 fund, Sanchez had to present a convincing plan of structural reforms to boost the economy and address its structural problems. Would the EU Commission approve Spain's recovery plan if the 2012 reform were to be repealed? What should Sánchez's government do?
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  • Walmart Chile After the Unrest: Doubling Down or Pulling Out?

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  • The Trouble with TCE

    Trichloroethylene, or TCE, was a chemical used by tens of thousands of businesses in the United States. It was an affordable tool for many. Yet, TCE had been associated with important health risks, including cancer and autoimmune disease. TCE potentially posed other risks as well: some researchers argued that low doses of TCE caused deformities in fetal hearts, while others argued that there was not enough science to back up this claim. Over twenty years, a vigorous debate encompassing academic, government and industry voices played out around just how toxic TCE was. The American chemical industry and TCE end-users used lobbying to advocate for their positions. A loose coalition of activists, academics and journalists promoted their own, different, perspectives on TCE. Developments in the TCE story were often communicated to the public through investigative reporting, a field of journalism facing economic crisis. The U.S. government and its Environmental Protection Agency were responsible for assessing TCE's toxicity, leading to secondary policy decisions around how the chemical should be regulated. Yet, by the end of 2020, controversy remained around whether successive governments had been untowardly influenced by special interests in their TCE decision-making. Which stance should the Biden administration take in regards to TCE? More broadly, which broader lessons could be drawn from the TCE case? In particular, should the influence of lobbying on regulations and policies be constrained in any way?
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  • Fiscal Responses to COVID-19

    For the first half of 2020, the COVID-19 crisis seemed on the verge of spiraling out of control. The business world struggled to figure out what COVID meant for macroeconomics. Extended restrictions limiting human interaction meant an end to normal economic production, and a resulting global economic crisis. France, Germany and the United States tackled the economic side of the COVID crisis through complex fiscal policy measures, with differing levels of success.
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  • Unrest in Chile

    In 2020, Chileans would head to the ballot box to decide their country's future. Many international observers credited Chile's decades of neoliberal governance with turning the country into Latin America's "Tiger," a prosperous, diversified economy on its way to becoming the continent's first developed country. But in October of 2019, a mass protest movement ground the country to a halt and shocked its political class, showing the world a different Chile-one defined by inequality, social distrust, and a young generation of political activists. As Chile prepared to vote in the fall of 2020 on whether to adopt a new constitution, could it sculpt a more equitable society while remaining "the exception" on a continent known for its political instability? Or would Chile's prosperity go the same way as its neoliberal experiment?
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  • Liberté, égalité, fragilité: The Rise of Populism in France (B)

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  • Populism in Bolivia: From Goni's Neoliberal Shock to Evo's Oil Contract Renegotiations

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  • Multilateralism

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  • Democracy: Exit, Voice and Representation

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  • Populism

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  • Climate Change: Paris, and the Road Ahead

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  • The BGIE Twenty (2024 version)

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  • Goodbye IMF Conditions, Hello Chinese Capital: Zambia's Copper Industry and Africa's Break with Its Colonial Past

    Over the past several decades, rapid growth in Chinese investment and trade has created for Africa a new development partner. China represents an alternative to U.S. and European nations whose past imperialism, resource avarice, and economic dictates-through the conditionality of IMF and World Bank lending-remain a negative legacy. This case uses the story of Zambia's Chambishi copper mine, which was purchased in 1998 by the state-owned China Non-Ferrous Metals Mining Corporation, to illustrate China's growing interest and involvement in the African continent. While many in Africa welcome the substantial Chinese investment, resentment over labor abuses, low pay, and substandard working conditions at some Chinese-owned enterprises fuels anti-China sentiment. At Chambishi copper mine, a 2005 explosion, caused by management's shoddy adherence to safety standards, killed nearly 50 miners and sparked outrage among Zambians. The explosion marked the first in a long series of protests and safety violations that would unfold at Chambishi over the next ten years.
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  • Liberté, égalité, fragilité: The Rise of Populism in France

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