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292. The Return of US Leadership in Europe: Biden and the Russia Crisis
- Author:
- Riccardo Alcaro
- Publication Date:
- 02-2022
- Content Type:
- Commentary and Analysis
- Institution:
- Istituto Affari Internazionali
- Abstract:
- In dealing with Russia’s aggressive policies towards Ukraine, US President Joe Biden has put up a powerful display of competent crisis management. While it may not be enough to stop President Vladimir Putin from escalating, Biden’s policy has nonetheless re-affirmed US leadership in Europe.
- Topic:
- Foreign Policy, Transatlantic Relations, Vladimir Putin, and Joe Biden
- Political Geography:
- Russia, Turkey, Ukraine, Caucasus, Balkans, and United States of America
293. A Digital Euro in Search of an Identity
- Author:
- Franco Passacantando
- Publication Date:
- 02-2022
- Content Type:
- Commentary and Analysis
- Institution:
- Istituto Affari Internazionali
- Abstract:
- The recent proliferation of crypto assets and other digital currencies is rapidly transforming the financial industry and the very concept of money. In response to these developments, many central banks are considering the possibility of introducing a central bank digital currency (CBDC), to be used as an alternative to cash. These trends have led to a lively debate on the role that a new sovereign digital currency could play in the monetary system. Some claim that the creation of a CBDC looks like a solution in search of problem because the private sector is already responding to the needs of faster and cheaper payment services.[1] The opposite view is that, if nothing is done, central banks could eventually lose the capacity to conduct monetary policy, to preserve financial stability and to ensure the proper functioning of the payment system. While the European Central Bank (ECB) has yet to make a final decision, in July 2021 it announced the start of a two-year “investigation phase” on the possible introduction of a euro CBDC, in which the views of prospective users and of those who will distribute the new currency will be sought.
- Topic:
- European Union, Finance, Currency, and Digital Policy
- Political Geography:
- Europe
294. Inequalities and Local Infrastructure: The Challenges of Post-Covid Recovery Investments
- Author:
- Filippo Barbera
- Publication Date:
- 02-2022
- Content Type:
- Commentary and Analysis
- Institution:
- Istituto Affari Internazionali
- Abstract:
- Rather than being mere “productive environments”, localities embedded in infrastructure are distinctive living places in which communities of people live and establish a greater part of their daily social relationships. As a result, infrastructure represents the backbone of citizenship rights and strongly affect territorial inequalities. Infrastructure is chiefly understood in physical terms as reticulated systems of highways, pipes, wires or cables. This physical reductionism is by no means sufficient to encompass the multiple facets of the concept or to make sense of the many ways infrastructure affects socio-political inequalities. Knowledge infrastructure, for instance, may indicate robust networks of people, equipment and institutions that generate, share and maintain specific knowledge about the human and natural worlds. Infrastructure furthermore refers to the interplay between information technologies, transportation and other intermodal transport devices. All of these kinds of infrastructure affect inequalities in different ways.
- Topic:
- Political Economy, Politics, Infrastructure, Governance, European Union, Sustainable Development Goals, and Institutions
- Political Geography:
- Europe
295. Israeli Apartheid and the West’s Dwindling Moral Credibility
- Author:
- Andrea Dessì
- Publication Date:
- 02-2022
- Content Type:
- Commentary and Analysis
- Institution:
- Istituto Affari Internazionali
- Abstract:
- Amidst spiralling tensions on the European continent, East-West animosities have returned to dominate daily news cycles. Predictably, this has revived rhetoric on competing political systems and norms, giving rise to a flurry of reporting contrasting Western democracy’s support for the “rules-based international order” vs an informal “alliance of autocracies” led by Russia and China which embrace military might or economic and political blackmail in “a bid to make the world safe for dictatorship”, as recently opinionated the Washington Post.
- Topic:
- Foreign Policy, Apartheid, Human Rights, International Law, and European Union
- Political Geography:
- Europe, Middle East, Israel, Palestine, United States of America, and Mediterranean
296. Europe’s Post-Cold War Order Is No More
- Author:
- Riccardo Alcaro
- Publication Date:
- 02-2022
- Content Type:
- Commentary and Analysis
- Institution:
- Istituto Affari Internazionali
- Abstract:
- Russian President Vladimir Putin’s decision to recognise the independence of the self-styled separatist republics of Donetsk and Luhansk in the Donbas may very well be the beginning of the end of Ukraine as an independent nation. For Ukraine, a nation of almost 44 million people, catastrophe looms large on the horizon. For Europe, these events are the harbinger of the end of an era. Europe’s post-Cold War order is no more.
- Topic:
- Foreign Policy, NATO, Diplomacy, and Transatlantic Relations
- Political Geography:
- Russia, Europe, Turkey, Ukraine, Caucasus, Balkans, and United States of America
297. A G7/G20 Pact for Sustainable Urbanisation? Building on the Positive Legacy of Italy’s G20 Presidency
- Author:
- Nicholas J. A. Buchoud, Michael Keith, Susan Parnell, and Martin van der Pütten
- Publication Date:
- 02-2022
- Content Type:
- Commentary and Analysis
- Institution:
- Istituto Affari Internazionali
- Abstract:
- The G20 as we know it emerged from the 2008 global financial crisis. What is rarely acknowledged, however, is that this grouping of the world’s twenty largest economies emerged at a time when the world was fast becoming more “urban” than “rural”. The impact of urbanisation on the world economy has received scant attention in global decision-making arenas because the post-2008 stabilisation of the global financial system came with significant costs. In particular, the financial crisis had important recentralising effects. The OECD, for instance, has regularly underlined the lasting impact of the financial crisis on sub-national investment capabilities.
- Topic:
- International Political Economy, Infrastructure, Governance, Urbanization, G20, and Sustainable Development Goals
- Political Geography:
- Europe and Italy
298. Putin’s Use and Abuse of History: Back to the 19th Century?
- Author:
- Leo Goretti
- Publication Date:
- 03-2022
- Content Type:
- Commentary and Analysis
- Institution:
- Istituto Affari Internazionali
- Abstract:
- “Ukraine is not just a neighbouring country for us. It is an inalienable part of our own history, culture and spiritual space.” This is how Putin introduced the “decisions being made” in his 55-minute address to the nation on 21 February 2022, which paved the way for Russia’s invasion of Ukraine. Several commentators noted how Putin’s speech was replete with historical references: as historian Benjamin Nathans pointed out, Vladimir Putin seems to be “quite obsessed with history. So part of our attention […] should be looking at how Putin is using history”. Indeed, almost one-quarter of Putin’s speech was devoted to a rather erratic and convoluted discussion of pre-1991 Russian and Soviet history, departing from the assumption that this was necessary “to explain the motives behind Russia’s actions and what we aim to achieve”.
- Topic:
- Nationalism, History, and Conflict
- Political Geography:
- Russia, Ukraine, Caucasus, and Balkans
299. Chinese Surveillance Devices: Coming to a Neighborhood Near You
- Author:
- Jayson Browder, Valerie Shen, and Mike Sexton
- Publication Date:
- 06-2022
- Content Type:
- Commentary and Analysis
- Institution:
- Third Way
- Abstract:
- The Chinese government conducts cyber espionage against the US on an unprecedented scale. Senior US intelligence officials have warned the “Internet of Things” is a US counterintelligence and cybersecurity vulnerability. Tens of billions of connected physical devices from Chinese-made webcams to “smart” appliances could be exploited at scale by the Chinese intelligence services. In 2016, the malware “Mirai” was able to weaponize more than half a million devices in a Denial-of-Service attack causing a massive East Coast Internet outage. Unaddressed, these threats will only increase as China exports surveillance devices around the world.
- Topic:
- Science and Technology, Cybersecurity, Surveillance, and Innovation
- Political Geography:
- China and Asia
300. Three Reasons Why CHIPS-plus is a Big Win for US National Security
- Author:
- Tom Klein
- Publication Date:
- 08-2022
- Content Type:
- Commentary and Analysis
- Institution:
- Third Way
- Abstract:
- On August 9th, 2022, President Biden signed vital bipartisan legislation to compete with China. H.R. 4346, called the CHIPS and Science Act or “CHIPS-plus,” would pave the way for nearly $280 billion in incentives to boost US-based chip manufacturing, scientific research, technology standards setting, and STEM education. These initiatives directly protect our immediate security vulnerabilities in the US military and support our long-term national security competition with China by promoting democratic norms and spurring critical defense innovations.
- Topic:
- Security, National Security, Science and Technology, Military Strategy, Innovation, and CHIPS
- Political Geography:
- China, Asia, North America, and United States of America