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  • Author: Oden Eran, Elai Rettig
  • Publication Date: 03-2018
  • Content Type: Commentary and Analysis
  • Institution: Institute for National Security Studies (INSS)
  • Abstract: Presumably the government of Israel played an important role in securing the $15 billion natural gas deal signed recently between the owners of Israel’s Tamar and Leviathan fields and the Egyptian Dolphinus Holding. For his part, Egypt’s President el-Sisi stated that with this deal Egypt has gained a foothold in the Eastern Mediterranean, positioned itself as a regional energy center
  • Topic: International Political Economy
  • Political Geography: Middle East
  • Author: Daniel Gros
  • Publication Date: 06-2017
  • Content Type: Commentary and Analysis
  • Institution: Centre for European Policy Studies
  • Abstract: For years, the eurozone has been perceived as a disaster area, with discussions of the monetary union’s future often centred on a possible breakup. When the British voted to leave the European Union last year, they were driven partly by the perception of the eurozone as a dysfunctional and possibly unsalvageable project. Yet, lately, the eurozone has become the darling of financial markets – and for good reason. The discovery of the eurozone’s latent strength was long overdue. Indeed, the eurozone has been recovering from the crisis of 2011-12 for several years. On a per capita basis, its economic growth now outpaces that of the United States. The unemployment rate is also declining – more slowly than in the US, to be sure, but that partly reflects a divergence in labour-force participation trends.
  • Topic: International Political Economy, International Trade and Finance
  • Political Geography: Europe
  • Author: Mikkel Barslund, Lars Ludolph
  • Publication Date: 06-2017
  • Content Type: Commentary and Analysis
  • Institution: Centre for European Policy Studies
  • Abstract: This paper argues that none of the secular trends that have driven down real interest rates over the past two decades is likely to reverse in the near future. Thus, real rates can be expected to remain low and government debt-servicing costs to decrease further over the coming years. Based on these findings, the authors calculate direct gains accruing to the Belgian government from lower net debt interest payments. The savings on interest payments are then contrasted with the projected future increases in age-related expenditures on pensions, education and long-term care. The findings indicate that, if savings on interest payments are channelled to cover the increases in age-related expenditures, they will fully offset financing needs in these areas until 2030. The calculations are robust to a moderate increase in interest rates.
  • Topic: International Political Economy
  • Political Geography: Belgium
  • Author: David J. Firestein, Euhwa Tran
  • Publication Date: 05-2017
  • Content Type: Commentary and Analysis
  • Institution: EastWest Institute
  • Abstract: The EastWest Institute has released a new report on U.S.-China relations—"Alternative” Strategic Perceptions in U.S.-China Relations. The report lays out the differing strategic perceptions of the United States and China with respect to some of the most topical and challenging issues on the U.S.-China agenda today. These starkly differing perceptions inform and exacerbate actual policy and fuel mistrust and broad mutual strategic suspicion. By exposing the diverging perceptions of the two countries and bringing those perceptions into the fabric of bilateral discourse more explicitly and honestly, this report creates the basis for a more honest, substantive, constructive, fruitful and mutually beneficial dialogue.
  • Topic: International Political Economy, International Affairs
  • Political Geography: China, America
  • Author: Sidney B. Westley
  • Publication Date: 01-2017
  • Content Type: Commentary and Analysis
  • Institution: East-West Center
  • Abstract: Through the ages, women have specialized in the unpaid work of raising children, maintaining households, and caring for others, while men have been more likely to earn wages in the market (Watkins et al. 1987). As fertility rates have declined, however, women have joined the labor force outside the home in growing numbers. Understanding how women’s economic roles are changing and how and why they may change in the future is crucial for understanding the economic effects of changes in population age structure. It is also vital for improving gender equality, ensuring the wellbeing of children and other family members, and maintaining a healthy rate of economic growth.
  • Topic: Gender Issues, International Political Economy
  • Political Geography: Global Focus
  • Author: Gonzalo Escribano
  • Publication Date: 09-2017
  • Content Type: Commentary and Analysis
  • Institution: Elcano Royal Institute
  • Abstract: This analysis addresses changes in the Euro-Mediterranean strategic context and the erosion of the economic incentives built into Euro-Mediterranean policy to deal with such transformation. It also puts the case for a reformulation of Euro-Mediterranean policies, but argues that, rather than pursuing an incremental continuity, the EU should engineer a more radical overhaul of its mechanisms of governance, its instruments and its discourse.
  • Topic: International Political Economy, International Affairs
  • Political Geography: Europe
  • Author: Debalina Ghoshal
  • Publication Date: 03-2017
  • Content Type: Commentary and Analysis
  • Institution: Council on International Policy (CIP)
  • Abstract: For years, the Chinese have remained soft towards North Korea when it came to imposing sanctions on them for their nuclear and ballistic missile tests. The United Nations Security Council (UNSC) has prohibited Pyongyang from testing nuclear and ballistic missiles but yet Pyongyang has continued to do develop and conduct nuclear and ballistic missile tests. In February 2017, North Korea test fired a ballistic missile which was reported to be a modified version of their Musudan missile with range of 2500-4000km. At present, North Korea’s missile arsenal consists Scud-D, Nodong, Taepo Dong-1 and 2 and Musudan ballistic missiles. In addition, North Korea is also working on submarine launched ballistic missile (SLBM).
  • Topic: Energy Policy, International Political Economy
  • Political Geography: China, North Korea
  • Publication Date: 11-2017
  • Content Type: Commentary and Analysis
  • Institution: Future for Advanced Research and Studies (FARAS)
  • Abstract: The Iraqi government prioritizes rehabilitation of the oil sector in northern provinces, especially after it regained control of oil fields in Kirkuk and Mosul and forced out the Kurdish Peshmerga in mid-Octo- ber 2017. The government also plans to sign contracts with foreign companies to double production in northern Kirkuk and seeks to rehabilitate a pipeline between Kirkuk and the Turkish port of Ceyhan, that was massively damaged by several attacks in the past two years. However government efforts are facing several challenges.
  • Topic: International Political Economy, International Security
  • Political Geography: Iraq
  • Publication Date: 11-2017
  • Content Type: Commentary and Analysis
  • Institution: Future for Advanced Research and Studies (FARAS)
  • Abstract: Iranian President Hassan Rouhani recently signaled that Tehran will not change its position on the 2015 landmark nuclear deal or its role in the Middle East. During an October 29, 2017 session of the Consultative Assembly (the parliament), he emphasized that Iran will not hesitate to build, produce and store any weapon of any kind it needs to defend itself. He add- ed that Iran IS building missiles, and will continue to do so because this does not contradict international law and is not in conflict with the July 2015 UN Security Council’s Resolution 2231, which calls on Iran to suspend, for eight years, all specific research and development activities related to missiles capable of carrying nuclear weapons.
  • Topic: International Political Economy, International Security
  • Political Geography: Iran
  • Publication Date: 11-2017
  • Content Type: Commentary and Analysis
  • Institution: Future for Advanced Research and Studies (FARAS)
  • Abstract: The Sudanese government recently introduced economic reforms to improve performance and attract more foreign investments. The reforms were initiated when the United States on October 6, 2017, lifted sanctions imposed on Sudan twenty years ago. Undoubtedly, the move represents a major shift for Sudan because it will help improve economic growth, stabilize the exchange market and attract more foreign capital in flows.
  • Topic: International Political Economy, International Affairs
  • Political Geography: Sudan