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  • Author: Ralph A. Cossa, Brad Glosserman
  • Publication Date: 01-2009
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: No abstract is available.
  • Topic: Economics
  • Political Geography: Japan, Asia, South Korea, Thailand
  • Author: Bonnie Glaser
  • Publication Date: 01-2009
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: The U.S. and China held the 5th Strategic Economic Dialogue and the 6th Senior Dialogue this quarter. The global financial crisis was a focal point of discussion in both dialogues, as well as in the meeting between Presidents Bush and Hu Jintao on the sidelines of APEC in Lima, Peru. Beijing responded to the announced U.S. sale of $6.5 billion in arms to Taiwan by suspending bilateral military exchanges between the U.S. and China and talks on nonproliferation. China's internal debate about the international structure of power and the status of the U.S. was revived as the two prepared to celebrate the 30th anniversary of the establishment of diplomatic ties.
  • Topic: Economics, Government
  • Political Geography: United States, Japan, Beijing
  • Author: Joseph Ferguson
  • Publication Date: 01-2009
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: As documented in this chapter during the last quarter (and over the last several years), U.S.-Russian relations have deteriorated to post-Cold War lows. Given the number of distractions over the last few months, relations stabilized somewhat in that the usual number of caustic barbs hurled across the oceans was limited. The leaders of the two nations are increasingly preoccupied with finding solutions to the economic ills affecting their respective nations and the entire world. As the Obama administration comes to office there seems to be a determination to reestablish a working relationship with the Kremlin, something that was obviously lacking during the August crisis when Russian troops invaded Georgia. President-elect Obama and future Cabinet members – as well as members of Congress – have publicly stated the need to recalibrate relations with Russia, starting with arms control.
  • Topic: Cold War, Economics
  • Political Geography: Russia, United States
  • Author: Robert Sutter
  • Publication Date: 01-2009
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: Asian commentators who asserted that China and its neighbors could ride out the economic crisis in U.S. and Western financial markets appeared in retreat during the quarter as the impact of the financial turmoil and recession in America and Europe began to have a major effect on China and the region's trade, manufacturing, currency values, and broader economic stability. The hope that China could sustain stable growth independent of the U.S. and Europe and thereby provide an engine of growth for export-oriented Southeast Asian countries was dented by Chinese trade figures that nosedived in November, especially Chinese imports, which fell by 18 percent. The financial crisis also dominated the discussion at the ASEM summit in October. Meanwhile, China continued to pursue infrastructure development projects with its neighbors to the south, resolved the land boundary dispute with Vietnam, and signed a free trade agreement with Singapore. Talk of a planned Chinese aircraft carrier caused some controversy, but on the whole assessments of China's rise were notably more balanced than in the past.
  • Topic: Economics, Financial Crisis, Reform
  • Political Geography: United States, China, America, Europe, Asia, Southeast Asia
  • Author: David G. Brown
  • Publication Date: 01-2009
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: Beijing and Taipei continued to work cooperatively through various dialogue channels to improve cross-Strait relations. The focus this quarter was on the first ever visit by a “designated representative” of the Chinese government to Taiwan – the visit of ARATS Chairman Chen Yunlin in November, when four agreements were signed. This process is gradually establishing a degree of trust in this long-troubled relationship. However, a vocal opposition minority in Taiwan disrupted the Chen visit and forced President Ma Ying-jeou to make adjustments. Despite the progress, there is still no evidence that Beijing has taken any steps to reduce its military threat directed at Taiwan. President Hu's new six-point statement and Taipei's initial reaction to it highlight the continuing gap between their positions. The global economic crisis is confronting the relationship with new challenges, the scope of which is not yet clear. Internationally, Taiwan's desire for participation in the WHO will be a test of this evolving relationship next spring.
  • Topic: Economics, Government
  • Political Geography: China, Taiwan, Beijing, Taipei
  • Author: David C. Kang
  • Publication Date: 01-2009
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: The year ended fairly quietly in Japan-Korea relations with no major events marking the last few months of 2008. Japan-North Korea relations remained stagnant and Japan-South Korea relations essentially ignored the Dokdo/Takeshima dispute, instead focusing on dealing with the widening global economic crisis. The biggest diplomatic event was the successful trilateral summit in December among China, Korea, and Japan, which may set the stage for further diplomatic movement. Whether 2009 will bring dramatic progress on these issues remains to be seen, but with new leaders in Japan and South Korea entering their first full years of rule, the continued concerns about the health of North Korea's leader, and a new U.S. president, the new year holds the possibility for progress on at least some of these issues.
  • Topic: International Relations, Economics
  • Political Geography: United States, Japan, China, North Korea, Korea
  • Publication Date: 01-2009
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: No abstract is available.
  • Topic: International Relations, Development, Economics
  • Political Geography: Russia, China, Beijing
  • Author: Michael J. Green
  • Publication Date: 04-2009
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: A new calendar year did little to change the tenor of Japanese domestic politics as the public became increasingly frustrated with parliamentary gridlock and the leadership of Prime Minister Aso Taro, whose approval rating plummeted amid a deepening recession. Opposition leader Ozawa Ichiro continued pressure tactics against the government and became the favorite to succeed Aso until the arrest of a close aide damaged his reputation and stunted momentum for a snap election. Aso demonstrated the art of political survival, touting the urgency of economic stimulus over a poll he could easily lose and which need not take place until the fall. In an effort to prevent political turmoil from weakening Japan's global leadership role, the government dispatched two Maritime Self-Defense Force (MSDF) destroyers to participate in antipiracy operations in the Gulf of Aden.
  • Topic: International Relations, Economics, Government
  • Political Geography: United States, Japan, North Korea
  • Publication Date: 04-2009
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: No abstract is available.
  • Topic: International Relations, Economics, Government
  • Political Geography: United States, Japan
  • Publication Date: 04-2009
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: No abstract is available.
  • Topic: International Relations, Security, Economics
  • Political Geography: United States, China, London
  • Author: Robert Sutter
  • Publication Date: 04-2009
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: Southeast Asian and broader international attention focused in March on the confrontation between five Chinese government ships and the U.S. surveyor ship USNS Impeccable in the South China Sea near Hainan Island. U.S. and Chinese protests and related media commentary highlighted for Southeast Asian audiences a pattern of U.S. surveillance to learn more about China's growing military presence and activities in the area, and a pattern of China's unwillingness to tolerate such actions in areas where it claims rights that are disputed by the U.S. and other naval powers. The protests and commentary provided a vivid backdrop for China's continued efforts to claim and defend territory in the South China Sea that is also claimed by Southeast Asian nations. Meanwhile, there was little good news on the economic front as China's international trade and economic interchange with Southeast Asia continued to fall rapidly. Chinese diplomatic and political attention to the region remained low during the quarter.
  • Topic: International Relations, Economics, Government
  • Political Geography: United States, China, Southeast Asia
  • Publication Date: 04-2009
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: No abstract is available.
  • Topic: International Relations, Economics, World Health Organization
  • Political Geography: China, Taiwan, Beijing
  • Author: Bonnie Glaser
  • Publication Date: 10-2009
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: The inaugural session of the Strategic and Economic Dialogue was held in Washington in July, combining pomp with substantive discussions on issues of great consequence for the two countries and the world. High-level exchanges continued with the visit to the U.S. by Wu Bangguo, the head of the National People's Congress – the first visit by China's top legislator in two decades. A special meeting of the Military Maritime Consultative Agreement was held in Beijing to discuss the confrontations inside China's exclusive economic zone between U.S. Navy surveillance ships and Chinese vessels that took place earlier this year. The U.S. imposed tariffs on tire imports from China, prompting Beijing to file a formal complaint against the U.S. at the WTO and launch an investigation into U.S. exports of chicken meat and auto parts. Presidents Barack Obama and Hu Jintao met in New York and both attended the G20 in Pittsburgh. They will meet again in November when Hu hosts Obama for his first visit to China.
  • Topic: Economics
  • Political Geography: United States, China, New York, Washington
  • Publication Date: 10-2009
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: No abstract is available.
  • Topic: Economics, Humanitarian Aid
  • Political Geography: China, Taiwan
  • Author: Graeme Dobell
  • Publication Date: 10-2009
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: Australia's government swung from the right to the left of the political spectrum in 2007. The U.S. did the same in 2008. Yet, not much changed in the fundamentals of the 57-year-old U.S.-Australia alliance. The assertion of alliance continuity, however, comes with a major caveat: the tectonic effects being exerted by China's rise. As with the rest of the Asia-Pacific, Australia is adjusting significant aspects of its foreign and security policy to the magnetic pull of China, which was dramatized for Canberra through the middle of 2009 by an outburst of Chinese official anger directed at Australia. Other important influences to consider include the so-called “Kevin Rudd” effect, the global economic crisis, and the ongoing conflicts in the Middle East.
  • Topic: Economics, Government
  • Political Geography: United States, East Asia, Australia
  • Author: Nicholas Bayne
  • Publication Date: 06-2009
  • Content Type: Journal Article
  • Journal: Journal of International Affairs
  • Institution: School of International and Public Affairs, Columbia University
  • Abstract: Economic diplomacy can be defined as the method by which states conduct their external economic relations. It embraces how they make decisions domestically, how they negotiate internationally and how the two processes interact. Economic diplomacy has been transformed in the last two decades with the end of the Cold War and the advance of globalization. Its subject matter has become much wider and more varied and it has penetrated more deeply into domestic politics—no longer being limited to measures imposed at the border. Internationally, it engages a far larger range of countries, including new rising powers like China, India and Brazil. Yet the relative power and resources of governments have been shrinking, so that they often seem to be trying to do more with less.
  • Topic: Cold War, Economics
  • Political Geography: China, India, Brazil
  • Author: James Cohen
  • Publication Date: 11-2009
  • Content Type: Journal Article
  • Journal: Journal of Security Sector Management
  • Institution: Centre for Security Sector Management
  • Abstract: The goal of this paper is to propose principal-agent theory (PAT), a methodology adapted from economics to analyse the relations of a buyer and a seller, as a possible tool for an SSR practitioners' assessment toolbox. The added value of PAT is its capacity to analyse the relationships between actors of the security sector based on observable, measurable and tangible mechanisms that the actors utilise in controlling, resisting, and allying with other actors. This capacity to analyse these relations has been sought out in both academic critiques of SSR and from practitioners themselves. This paper is an initial proposal on the added value of PAT, in addition to demonstrating how it could be used, gaps are also identified on how to potentially take this tool forward to aid the SSR community.
  • Topic: Economics
  • Political Geography: United States
  • Author: Raja Khalidi
  • Publication Date: 01-2008
  • Content Type: Journal Article
  • Journal: Journal of Palestine Studies
  • Institution: Institute for Palestine Studies
  • Abstract: Despite the expectations of economic theory, a century of Arab-Jewish economic interaction in Palestine has not led to the convergence that is supposed to result from exchange between a capital-rich economy and a labor-intensive one. After 60 years of failed integration, the Arab population in Israel has fallen to the bottom of the socio-economic ladder. With the Palestinian "regional economies" in Israel and the occupied territories operating as part of the same Israeli economic regime, the challenge for Palestinian economic policy makers is to build on the new paradigm in shaping a national development strategy aimed at reconstructing Arab-Jewish economic relations on the principles of balanced cooperation embodied in the Economic Annex of the 1947 UN partition resolution. RAJA KHALIDI is an economist with the United Nations Conference on Trade and Development (UNCTAD, Geneva). The views expressed are his own and do not reflect those of the United Nations Secretariat.
  • Topic: Development, Economics
  • Political Geography: Geneva, Israel, Palestine
  • Author: Molly Bordonaro
  • Publication Date: 03-2008
  • Content Type: Journal Article
  • Journal: Ambassadors Review
  • Institution: Council of American Ambassadors
  • Abstract: Within the space of a few weeks earlier this year, the Mediterranean island nation of Malta further advanced its integration into European Union institutions by adopting the euro currency and joining the Schengen zone. Malta has the distinction of being the first and only EU member state to adopt the euro and join Schengen at the same time. This achievement is even more impressive when you consider the fact that Malta joined the European Union less than four years earlier, in May 2004.
  • Topic: Economics, Markets
  • Political Geography: Europe
  • Author: Peter R. Coneway
  • Publication Date: 03-2008
  • Content Type: Journal Article
  • Journal: Ambassadors Review
  • Institution: Council of American Ambassadors
  • Abstract: The World Economic Forum (WEF) annual meeting in Davos, Switzerland, is unlike any other event of its kind. Over a five-day span at the end of January each year, 2,000 world leaders, Fortune 500 chief executive officers, international media moguls and nongovernmental organization (NGO) leaders gather in the small alpine village of Davos to participate on panels, in industry meetings and in "off the record" sessions. The WEF meetings in Davos have been a ripe target for public diplomacy efforts over the past 38 years, and the WEF's founder, Dr. Klaus Schwab, has preserved the original intent of the forum in maintaining its focus as a place for informal dialogue and debate on major social and economic problems.
  • Topic: Economics, International Cooperation, International Organization, International Political Economy
  • Political Geography: United States, Switzerland
  • Author: Nicholas Gossen
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: al Nakhlah
  • Institution: The Fletcher School, Tufts University
  • Abstract: Despite Ayatollah Khomeini's famous comment that the Iranian revolution was “not about the price of watermelons,” the Islamic Republic of Iran was in part founded on economic promises of redistribution, equality, and justice. The strength of this rhetoric has formed a core basis of political support for the regime, but it has also established public expectations that the Islamic Republic has been chronically unable to meet. Many analysts have cited Iran's poor economic performance since the revolution and resulting public dissatisfaction as a key weakness of the clerical regime and a potential source of its downfall. Indeed, this is a crucial element of the argument advanced by advocates of stronger multilateral economic sanctions against Iran in the dispute over its nuclear program. However, underlying this logic is an implicit assumption that regime legitimacy is tied to economic performance. While intuitively appealing, this assumption bears further scrutiny, particularly if it forms a basis for American policy decisions towards Iran. The primary goal of this paper is to examine the political and economic factors that have caused the gap between economic rhetoric and performance in Iran, and to assess the extent to which that gap has affected the political legitimacy of the Iranian regime.
  • Topic: Economics
  • Political Geography: America, Iran, Middle East, Beijing
  • Author: Andrei Illarionov
  • Publication Date: 01-2008
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: One day I asked Milton Friedman a question. That question was in my mind every time we met: “Could he have achieved the same status he did in America if he had lived in Russia—not only in terms of his research, but in shaping his outlook on life and in his under-standing of freedom?” Having kept silent for a moment, he answered: “no.”
  • Topic: Economics
  • Political Geography: Russia, United States, America, Europe, Asia
  • Author: Deepak Lal
  • Publication Date: 01-2008
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: In explaining the acceleration in Indian growth, and to judge if an Indian economic miracle is on its way, it is first necessary to establish when this acceleration began, as this is still subject to controversy. Second it is necessary to identify the sources of this acceleration and to see to what extent these are the results of policy. Third, to provide some reading of the tea leaves until 2030, it is necessary to outline the current constraints on growth. But before that, the current change in Indian economic fortunes needs to be put into historical perspective. This is done in the first part of this article, followed by the next three parts, which deal with the other three broad themes outlined above. As this article is in honor of Angus Maddison, I rely wherever possible on the growth accounting method that he has made so much his own.
  • Topic: Economics
  • Political Geography: India, Asia
  • Author: Ethan B. Kapstein
  • Publication Date: 06-2008
  • Content Type: Journal Article
  • Journal: Political Science Quarterly
  • Institution: Academy of Political Science
  • Abstract: Ethan B. Kapstein argues that in recent years a growing number of activists, scholars, and policymakers have claimed that the global economy and, specifically, the current international trade regime have been ''unfair'' to the developing countries. He concludes that, while the trading system can hardly be considered a level playing field for each and every state, fairness considerations do appear to play a role in shaping trade agreements.
  • Topic: Economics
  • Author: Michael L. Ross
  • Publication Date: 05-2008
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: The world has grown much more peaceful over the past 15 years -- except for oil-rich countries. Oil wealth often wreaks havoc on a country's economy and politics, helps fund insurgents, and aggravates ethnic grievances. And with oil ever more in demand, the problems it spawns are likely to spread further.
  • Topic: Economics
  • Publication Date: 01-2008
  • Content Type: Journal Article
  • Journal: European Affairs
  • Institution: The European Institute
  • Abstract: America's power is waning, at least temporarily. Under the next President, the country will have a diminished ability to shape a stable international order and maintain global prosperity. Will that trend create an opening for Europe to emerge with a larger global presence? Or is it liable to cause losses all around?
  • Topic: Economics
  • Political Geography: America, Europe
  • Publication Date: 01-2008
  • Content Type: Journal Article
  • Journal: European Affairs
  • Institution: The European Institute
  • Abstract: Already the buzz this year in financial circles, sovereign wealth funds have been initially welcomed in the United States (and to a lesser degree in Europe) as white knights whose capital investments have helped rescue troubled financial institutions and other companies stricken by the credit-market crisis. But these funds, even as they are currently sought after by financially-bleeding companies, could easily become controversial with public opinion and regulators in the United States and European countries because of their potential political dimensions. The very fact of their emergence is a symptom of profound new shifts in the global financial order. To head off potential jingoist reactions against the proposed buy-ins by these new investors, there is a need to probe a set of questions about how these funds work and about whether rules can be reached – by mutual agreement – to ensure that the funds prove compatible with global capital movements.
  • Topic: Economics, Government, International Trade and Finance
  • Political Geography: United States, Europe
  • Author: Michael C. Maibach
  • Publication Date: 01-2008
  • Content Type: Journal Article
  • Journal: European Affairs
  • Institution: The European Institute
  • Abstract: The world has modernized thanks to waves of Western inventions, and the next wave must be a regulatory revolution to ensure that discoveries spread horizontally as far and fast as possible. It is an agenda for the newly formed Transatlantic Economic Council.
  • Topic: Economics, Government, International Trade and Finance, Science and Technology
  • Political Geography: United States, America
  • Author: Ron Kassimir
  • Publication Date: 03-2008
  • Content Type: Journal Article
  • Journal: Ethics International Affairs Journal
  • Institution: Carnegie Council
  • Abstract: Planet of Slums is relentless. Mike Davis, the prolific author and social critic, piles on evidence in the service of a passionate, despairing, and at times furious analysis of the economic, social, and environmental state of cities in the global South. Davis might have just as readily titled his book The World Is a Ghetto, after the 1972 hit by the band War. But a key goal of the book is to show how much things have changed since that time, almost all for the worse. If the book tends to oversimplify enormously complex and diverse urban worlds, it has an undeniable virtue at its core. Whereas the War tune's chorus was ''don't you know / that it's true / that for me and for you / the world is a ghetto,'' Davis never stops asking who the ''me and you'' are. The growth and transformation of slums from Cairo to Manila, from Lagos to Lima, are both a symbol and a cause of a growing gap in life chances (socioeconomic and existential) between rich and poor—local, national, and global in scale.
  • Topic: Climate Change, Economics, War
  • Author: Sakiko Fukuda-Parr
  • Publication Date: 03-2008
  • Content Type: Journal Article
  • Journal: Ethics International Affairs Journal
  • Institution: Carnegie Council
  • Abstract: In the foreword to this volume, a Nobel Symposium Book from the Harvard School of Public Health, U.N. High Commissioner for Human Rights Louise Arbour writes: There is growing support for the idea that global poverty is an affront to human rights, and that the realization of human rights for a life of freedom and dignity is inescapably a central purpose of development. Yet the right to development remains a politically divisive issue. The concept has its roots in the political economy of the 1970 s and 1980 s, when developing countries mobilized for a New International Economic Order in which countries of the North would actively facilitate growth and development in the South through aid, trade, and investment. While the right to development is still championed by developing countries and resisted by donor countries, it (and the broader concept of a human rights-based approach to development) is also controversial among theorists and practitioners in both the human rights and the development fields. Some human rights legal scholars challenge its usefulness, arguing that it brings together rights that already exist. In the development community, little attention has been paid to the right to development per se, and economists who dominate the mainstream of development theory and practice are somewhat puzzled by the idea that human rights in general should be a concern in development at all. They often question the relevance of human rights discourse on development and see it as idealistic and utopian, since it insists on the equal value of all rights. Given that economic policymaking is about setting priorities and considering trade-offs, ''rights talk'' seems to be an obstacle rather than an aid to the task of formulating policies and strategies.
  • Topic: Development, Economics, Human Rights, United Nations
  • Author: Moshe Hirsch
  • Publication Date: 04-2008
  • Content Type: Journal Article
  • Journal: European Journal of International Law
  • Institution: European Journal of International Law
  • Abstract: International economic law (IEL) is influenced by diverse theoretical approaches. This article emphasizes that international economic activity is a social phenomenon and international trade should also be conceived as a specific type of social interaction. The scarcity of sociological analysis in contemporary IEL literature does not diminish the influence of social factors that are active in the under-explored layer of the international economic arena. Sociological analysis may recast well-known dilemmas in a different manner and generate insights regarding better legal mechanisms for coping with modern challenges faced by IEL. These properties of sociological analysis are illustrated in this article, which addresses one of the most challenging dilemmas in current IEL literature: the relationship between the World Trade Organization (WTO) and regional trade agreements (RTAs). The underlying argument of this article is that the economic dimension of RTAs is overlaid with a sociological dimension. Consequently, the global/regional debate is analysed with new conceptual tools: sociological theories, mainly the structural-functional perspective, the symbolic-interactionist approach, and the social conflict perspective. The core sociological theories lead to different conceptions of IEL and different interpretations of existing WTO legal provisions regarding RTAs. This article argues that while each of the above sociological approaches underscores certain significant aspects of the global/regional debate, the symbolic-interactionist perspective should generally serve as a point of departure for law- and policy-making in this sphere. This approach suggests that the relevant WTO legal rules should be interpreted in a liberal manner.
  • Topic: Economics, International Law, World Trade Organization
  • Author: Weert Canzler
  • Publication Date: 06-2008
  • Content Type: Journal Article
  • Journal: German Politics and Society
  • Institution: German Politics and Society Journal
  • Abstract: Policy on transport infrastructure in Germany will come under increasing pressure thanks to considerable changes in basic conditions. Demographic change, shifts in economic and regional structures, continued social individualization, and the chronic budget crisis in the public sphere are forcing a readjustment of government action. At root, the impact of the changes in demographics and economic structures touches on what Germans themselves think their postwar democracy stands for. Highly consensual underlying assumptions about Germany as a model are being shaken. The doctrine that development of infrastructure is tantamount to growth and prosperity no longer holds. The experience in eastern Germany shows that more and better infrastructure does not automatically lead to more growth. Moreover, uniform government regulation is hitting limits. If the differences between boom regions and depopulated zones remain as large as they are, then it makes no sense to have the same regulatory maze apply to both cases. In transportation policy, that shift would mean recasting the legal foundations of public transport.
  • Topic: Demographics, Development, Economics, Government
  • Political Geography: Germany
  • Author: Thomas J. Karol
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: European Affairs
  • Institution: The European Institute
  • Abstract: Western countries need and largely welcome the fresh capital that can be injected by SWFs. But these funds are liable to arouse controversy, often because they are run by countries disliked in the West. Their tax-free status (as government-owned entities) may offer politicians a handle on these funds.
  • Topic: Economics, Globalization, Government, International Political Economy
  • Political Geography: United States
  • Author: Antonio De Lecea
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: European Affairs
  • Institution: The European Institute
  • Abstract: The Commission hopes to help put in place a Europe-wide approach to sovereign wealth funds designed to avoid a situation in which the investors play off EU countries against each other. A common European attitude may help sensitize the funds about the value of transparency concerning their own rules of the road.
  • Topic: Economics
  • Political Geography: Europe
  • Author: Jarle Bergo
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: European Affairs
  • Institution: The European Institute
  • Abstract: Norway is a democracy that has a “wealth fund” thanks to hydro-carbon exports. To maintain voter support for saving and investing instead of spending the revenue now, the fund has strict and open rules about its policies. The author outlines Norway's system as an example to be studied by others – including the IMF, which is working on a code of best practices.
  • Topic: Economics
  • Political Geography: Norway, Scandinavia
  • Author: Daniel M. Price
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: European Affairs
  • Institution: The European Institute
  • Abstract: The Transatlantic Economic Council was a major U.S.-EU innovation designed to negotiate away non-tariff barriers between the two markets. To consolidate the promise of its first year at work, it needs to choose its issues and do something tangibly effective about them, according to Dan Price, the White House point man in the TEC.
  • Topic: Economics, International Trade and Finance
  • Political Geography: United States, Europe
  • Publication Date: 06-2008
  • Content Type: Journal Article
  • Journal: Georgetown Journal of International Affairs
  • Institution: Georgetown Journal of International Affairs
  • Abstract: Today's methods of dissent-sometimes peaceful, often violent, and usually controversial-take many forms in the age-old quest for social and political change. Globalization has become an ever-present force of transformation, affecting how opposition to the status quo arises and how people express their opposition. Technology and trade liberalization provide citizens with immediate access to information that shapes how they voice their dissent. At the same time, traditional factors-ethnic, economic, religious-continue to be a source of tension, provoking dissent in numerous ways. This Forum examines the evolving dynamics of contemporary dissent. While keeping an eye on dissent's consistent themes, such as the exclusion of minorities and debates over non-violent tactics, this Forum also explores the effects of new forces, from the internet to the WTO, on how people experience and confront marginalization. Examining the dynamics of dissent allows us to better understand how changes will continue to unfold as our diverse world becomes ever more integrated.
  • Topic: Civil Society, Economics, Globalization, Government, International Affairs
  • Political Geography: London
  • Author: James Mulvenon
  • Publication Date: 06-2008
  • Content Type: Journal Article
  • Journal: Georgetown Journal of International Affairs
  • Institution: Georgetown Journal of International Affairs
  • Abstract: China's struggle to use information technology for economic growth while avoiding its political consequences.
  • Topic: Civil Society, Economics, Globalization, Government, International Affairs
  • Political Geography: China
  • Author: Rens Lee
  • Publication Date: 11-2008
  • Content Type: Journal Article
  • Journal: Foreign Affairs
  • Institution: Council on Foreign Relations
  • Abstract: No abstract is available.
  • Topic: Economics
  • Political Geography: United States, Cuba, Latin America
  • Author: William J. Wilson
  • Publication Date: 12-2008
  • Content Type: Journal Article
  • Journal: Political Science Quarterly
  • Institution: Academy of Political Science
  • Abstract: Through the second half of the 1990s and into the early years of the twenty-first century, public attention to the plight of poor black Americans seemed to wane. There was scant media attention to the problem of concentrated urban poverty (neighborhoods in which a high percentage of the residents fall beneath the federally designated poverty line), little or no discussion of inner-city challenges by mainstream political leaders, and even an apparent quiescence on the part of ghetto residents themselves. This was dramatically different from the 1960s, when the transition from legal segregation to a more racially open society was punctuated by social unrest that sometimes expressed itself in violent terms, as seen in the riots that followed the assassination of Dr. Martin Luther King, Jr.
  • Topic: Economics
  • Political Geography: America
  • Author: Abdoul' Ganiou Mijiyawa
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: In 1965, the growth rate of per capita GDP in Niger and Nigeria was 2.1 percent and 4.2 percent, respectively, and 2.9 percent in Botswana. From 1966 to 1969, however, Niger and Nigeria recorded a negative growth rate, while Botswana continued to experience a positive growth rate over the same period. In 1990, the growth rate of per capita GDP was 1 percent in Ghana and 5.2 percent in Nigeria. Yet, from 1991 to 1994, the growth rate was negative in Nigeria and positive in Ghana. Why does the trajectory of economic growth episodes differ among countries? In other words, why is economic growth more sustainable in some countries than in others?
  • Topic: Economics
  • Political Geography: Nigeria, Ghana
  • Author: Kurt Schuler
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: The Swiss franc is the world's best-performing currency over the last century: it has lost only about 87 percent of its value in terms of gold, compared to 97 percent for the U.S. dollar and more than 99 percent for almost all other currencies. Switzerland's avoidance of wars, which is part policy and part lucky geography, has contributed to the relative stability of the franc. So have the conservative financial habits of its citizens, which have been reflected in the country's generally prudent government finances. But some credit undoubtedly belongs to the central bank, the Swiss National Bank. It has consistently pursued monetary policies that have produced low inflation, and has made few consequential errors since it was established in 1907. Its experience therefore should be of interest far beyond the borders of Switzerland. This centennial volume, by a constellation of 40 Swiss and foreign authors, is a history and an examination of issues in monetary policy the central bank has faced. It is typically Swiss in its occasionally ponderous thoroughness, pleasing design, and high quality.
  • Topic: Economics, International Trade and Finance, Monetary Policy
  • Political Geography: France, Switzerland
  • Author: Ike Brannon
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: When it comes to social policy, inertia can be a bitch. While the sentiment may not seem all that profound, its gradual realization by economists and policymakers is beginning to have an impact on public policy. It has already wreaked havoc within the economics discipline.
  • Topic: Economics, Health
  • Publication Date: 06-2008
  • Content Type: Journal Article
  • Journal: Journal of Palestine Studies
  • Institution: Institute for Palestine Studies
  • Abstract: Following his visit to Israel, George W. Bush made stops in Saudi Arabia and Egypt to visit with Saudi King Abdallah and Egyptian pres. Husni Mubarak and to attend the World Economic Forum. The full speech is available at www.whitehouse.gov.
  • Topic: Economics
  • Political Geography: Israel, Saudi Arabia, Egypt
  • Author: Vivienne Bennett, Sonia Davila-Poblete, Maria Nieves Rico
  • Publication Date: 10-2008
  • Content Type: Journal Article
  • Journal: Journal of International Affairs
  • Institution: School of International and Public Affairs, Columbia University
  • Abstract: Since the mid-1990s, worldwide focus on water scarcity has exploded. Attention has moved beyond the technical dimensions of water provision to the political and social contexts in which water management occurs. In many places, especially where water is scarce, control over water confers power. The political analysis of water is then an analysis of power relations. As social scientists have entered the water world, and more and more case studies are carried out in Latin America, Africa and Asia, another facet of the politics of water that has been brought to light is gender differentiation in water usage and water management. In our 2005 book, Opposing Currents: The Politics of Water and Gender in Latin America, we provided a framework for understanding the connection between water and gender and a review of the development of global water policy and gender policy since the early 1990s, using case studies from six Latin American countries to highlight the role of women in water management. We found that substantial change is still needed to overcome pernicious gender bias and imbalances that distort water management and lead to ineffective planning in the water sector.
  • Topic: Economics
  • Political Geography: Africa, Asia, Latin America
  • Author: Wondwosen Teshome B.
  • Publication Date: 12-2008
  • Content Type: Journal Article
  • Journal: Alternatives: Turkish Journal of International Relations
  • Institution: Prof. Bulent Aras
  • Abstract: At present, more than 55 percent of the World's population lives in internationally shared river basins. Shared waters could be either a source of conflict or a source of cooperation and prosperity. Today, the growing need for water resources for development has brought intense political and economic tensions among the countries that share rivers that flow across two or more countries. The aim of this paper is to identify the economic, social and political benefits of the transboundary cooperation by using the Nile Bain Initiative (NBI) as a case study. It also attempts to identify the obstacles that hinder transboundary cooperation in the Nile Basin. The paper argues that the riparian states in the Nile Basin should work for “benefit-sharing” rather than “water-sharing” and this should be the basis for their transboundary cooperation. It also claims that implementing the concept of benefit-sharing would help in solving problems that are caused by divergent interests among the riparian states in the Nile basin and the up stream-down stream problems frequently manifested in the area. The paper concludes by suggesting the main points that have to be considered in transboundary cooperation.
  • Topic: Economics, Water
  • Political Geography: Africa
  • Author: Muzaffer Ercan YlLMAZ
  • Publication Date: 12-2008
  • Content Type: Journal Article
  • Journal: Alternatives: Turkish Journal of International Relations
  • Institution: Prof. Bulent Aras
  • Abstract: This article provides an analytical discussion on post-Cold War developments and the emerging world order in that era. In this regard, some of the main characteristics of the international system, basic trends, and new threats in international relations are addressed, in that order. It is argued that while classical inter-state wars tend to decrease in the post-Cold War era, there are many other serious threats to international peace beyond the full control of nation-states, most notably ethnic conflicts, religious militancy, terrorism, North-South conflict, and unfair economic competition. The future of the world is stressed to depend on whether major powers are able to, and willing to, work on these threats in a cooperative manner.
  • Topic: Cold War, Economics
  • Author: Peter Hakim
  • Publication Date: 01-2008
  • Content Type: Journal Article
  • Journal: The Whitehead Journal of Diplomacy and International Relations
  • Institution: Whitehead School of Diplomacy and International Relations, Seton Hall University
  • Abstract: Repairing the US relationship with Latin America will be a formidable challenge for the United States, regardless of who is elected president next year. Trust and credibility have to be restored among the region's leaders and ordinary citizens. The anti-Americanism that has taken hold in the region has to be reversed while the practice of political and economic cooperation has to be restored; however, the prospects for success do not depend only on Washington. The governments of Latin America and the Caribbean will also have to do their share to rebuild cooperation in the Americas, despite having lost confidence in the US as a reliable partner.
  • Topic: Economics
  • Political Geography: Washington, Latin America, Caribbean
  • Author: Mariano Turzi
  • Publication Date: 01-2008
  • Content Type: Journal Article
  • Journal: The Whitehead Journal of Diplomacy and International Relations
  • Institution: Whitehead School of Diplomacy and International Relations, Seton Hall University
  • Abstract: China's economic development over the last three decades has been dazzling critics and supporters alike. Since the launching of the “Four Modernizations” reform process in 1978, growth has averaged 9 percent annually. As a result, according to IMF data released in July 2007, China is poised to overtake Germany as the world's third-largest economy. As growth has slowed in Europe, Japan, and the US the Chinese economy grew at a staggering rate of 11.9 percent in the second quarter of 2007. The IMF report also pointed out that if exchange rates are adjusted to equalize the cost of goods in different countries (purchasing-power parity) China is already the world's second-largest economy.
  • Topic: Economics
  • Political Geography: United States, Japan, China, Europe, Germany, Latin America
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: The Whitehead Journal of Diplomacy and International Relations
  • Institution: Whitehead School of Diplomacy and International Relations, Seton Hall University
  • Abstract: Discussions and debate concerning global poverty alleviation have steadily increased at the Whitehead School over the past few years, but I had not realized how mainstream the urgency had become until a popular television host used the phrase “the gap between the rich and poor is growing.” I had never heard it used outside of an academic environment, but it became apparent that the public was beginning to catch on; this notion has sadly come to define the current global economic situation.
  • Topic: Economics
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: The Whitehead Journal of Diplomacy and International Relations
  • Institution: Whitehead School of Diplomacy and International Relations, Seton Hall University
  • Abstract: On August 20, 2008, we had the unique opportunity of speaking with Dr. Jeffrey Sachs, Director of The Earth Institute. We discussed various topics related to economic development, paying close attention to one particular aspect of poverty alleviation—microfinance.
  • Topic: Economics
  • Author: Aneel Karnani
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: The Whitehead Journal of Diplomacy and International Relations
  • Institution: Whitehead School of Diplomacy and International Relations, Seton Hall University
  • Abstract: A libertarian movement that emphasizes free markets to reduce poverty has grown strong in recent years. The think tank World Resource Institute advocates 'development through enterprise' and emphasizes business models driven by a profit motive that engage the poor as producers and consumers. The Private Sector Development network, part of the World Bank, focuses on private sector led growth in developing countries. CK Prahalad a prolific exponent of this perspective argues that selling to the poor people at the 'bottom of the pyramid' (BOP) can be profitable and simultaneously help eradicate poverty. The BOP proposition has caught the attention of senior executives and business academics. Many multinational companies (such as Unilever and SC Johnson) have undertaken BOP initiatives; the world's top CEOs have discussed this topic at recent sessions of the World Economic Forum. Several business schools (such as University of Michigan and University of North Carolina) have set up BOP centers.
  • Topic: Economics, Poverty
  • Political Geography: Michigan, North Carolina
  • Author: Anthony Elson
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: The Whitehead Journal of Diplomacy and International Relations
  • Institution: Whitehead School of Diplomacy and International Relations, Seton Hall University
  • Abstract: Since the end of last year, much public attention has been focused on the growing importance of sovereign wealth funds (hereafter SWFs), which are large investment pools managed by national governments primarily among oil exporters and emerging market economies. Many of these governments have accumulated substantial foreign reserves because of large trade surpluses, some of which they have begun to invest in a range of financial instruments that is more diversified than is typically the case for central bank international reserves in order to improve the yield on their foreign asset positions.
  • Topic: Economics, Government
  • Author: Wilfried Bolewski, Candy M. Rietig
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: The Whitehead Journal of Diplomacy and International Relations
  • Institution: Whitehead School of Diplomacy and International Relations, Seton Hall University
  • Abstract: China is in a state of universal change—economically, culturally, politically and diplomatically—and the international community is taking note of the Chinese posture as an ascending global power. As a nation, China has economically liberalized and opened up to the world while retaining a government that by some definitions would be considered authoritarian. Previously an aloof international actor, increased participation in international organizations like the United Nations and dramatic increases in contributions to peacekeeping missions are just two examples of the larger soft power network Beijing is establishing. These activities in public diplomacy are aimed at raising international popularity and acceptance of an ascending China through cooperative behavior and international engagement. As Jamie Roth puts it, “China's new public diplomacy seems to have taken careful note of how to strengthen the country's image abroad through cultural relations.”Because the Chinese want to be able to deal with the challenges of a globalized world, they have adopted a strategy of learning from other participants.
  • Topic: Diplomacy, Economics, Government, United Nations
  • Political Geography: China, Beijing
  • Author: Susana Moreira
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: The Whitehead Journal of Diplomacy and International Relations
  • Institution: Whitehead School of Diplomacy and International Relations, Seton Hall University
  • Abstract: In 2001, Brazil endured severe power shortages that resulted in mandatory rationing and ultimately, in a significant reduction of GDP growth. Worse than the personal inconvenience and economic contraction was the embarrassment all Brazilians felt for what had happened. The “country blessed by God” had shown the world, once again, that it was unable to put its vast natural resources to good use. Brazil barely escaped forced electricity rationing; however, there is widespread belief among energy experts that rationing may yet occur within the next four years.
  • Topic: Economics
  • Political Geography: Brazil
  • Author: Graham Lawlor
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: The Whitehead Journal of Diplomacy and International Relations
  • Institution: Whitehead School of Diplomacy and International Relations, Seton Hall University
  • Abstract: Law Markets is a positive economic model, which treats laws as tradable goods, citizens as consumers of laws, and governments as producers of laws. This model borrows heavily from the fields of Public Choice, which models political actors as economic agents, and from New Institutional Economics, which analyzes social contracts in the presence of transaction costs. The financial fields of Efficient Markets Theory and Behavioral Finance provide tools to measure transaction costs and empirical studies to demonstrate long-term trends.
  • Topic: Economics, Government, Law
  • Author: Luigi Narbone, Agnieszka Skuratowicz
  • Publication Date: 12-2008
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The 1963 Ankara agreement established the framework for the relations between Turkey and the European Economic Community. A key intermediate objective was setting up a customs union, which was established in 1996. From a long-term trade perspective the customs union has had a positive impact on EU-Turkey bilateral trade, its growth and its composition. The subsequent pre-accession process has further fostered trade integration, facilitated structural reforms and boosted the country's economic potential. The increasingly close political and economic relations have also promoted stability and growth in the Turkish economy. These positive developments have been linked, however, to the prospects of Turkey's EU accession and could be undermined by uncertainty over the eventual outcome of this process.
  • Topic: Economics
  • Political Geography: Europe
  • Author: Khaled Hroub
  • Publication Date: 12-2008
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: For many decades, mainstream Palestinian Islamists have oscillated between two agendas: Islamising their own society and resisting the Zionist project in Palestine. Prioritising one over the other has always been problematic even if responsive to context and capabilities. Though they emerged in Palestine in the 1940s as the Palestinian chapter of the Egyptian Muslim Brotherhood, founded in Egypt in 1928, it was not until 1987 with the forming of Hamas that these Islamists moved to the forefront of Palestinian politics. Hamas' project espouses "resistance" as a priority, yet without marginalising socio-religious activism, an effective formula that has enabled Hamas to compete with the PLO for Palestinian leadership, culminating in its victory in the 2006 elections.
  • Topic: Economics
  • Political Geography: Palestine, Egypt
  • Author: Amel Boubekeur
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: When European Muslim citizens are involved in social conflicts or when they contest the place that is given them in Europe, these political claims are often seen as radical and inspired by external influences. If an attempt is made to understand what part the influences of the so-called Muslim "countries of origin" play in the way Muslims contest European models of society and integration, it turns out that the roots of radicalisation are often purely European. The idea that it is the Islamic and communitarian nature of the European Muslim way of life which is at the base of their failing integration has to be challenged. Indeed, the initiatives of religious actors have failed to channel the radicalisation of European Muslims' political demands. The role of the religious variable is of much less importance in political radicalisation than the lack of an institutional response to the demands for greater social and economic integration.
  • Topic: Economics, Islam
  • Political Geography: Europe
  • Author: Eric Daniels
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: The Objective Standard
  • Institution: The Objective Standard
  • Abstract: On June 23, 2005, the United States Supreme Court's acquiescence in a municipal government's use of eminent domain to advance "economic development" goals sent shockwaves across the country. When the Court announced its decision in Kelo v. City of New London, average homeowners realized that their houses could be condemned, seized, and handed over to other private parties. They wanted to know what had gone wrong, why the Constitution and Fifth Amendment had failed to protect their property rights. The crux of the decision, and the source of so much indignation, was the majority opinion of Justice John Paul Stevens, which contended that "economic development" was such a "traditional and long accepted function of government" that it fell under the rubric of "public use." If a municipality or state determined, through a "carefully considered" planning process, that taking land from one owner and giving it to another would lead to increased tax revenue, job growth, and the revitalization of depressed urban areas, the Court would allow it. If the government had to condemn private homes to meet "the diverse and always evolving needs of society," Stevens wrote, so be it. The reaction to the Kelo decision was swift and widespread. Surveys showed that 80 to 90 percent of Americans opposed the decision. Politicians from both parties spoke out against it. Such strange bedfellows as Rush Limbaugh and Ralph Nader were united in their opposition to the Court's ruling. Legislatures in more than forty states proposed and most then passed eminent domain "reforms." In the 2006 elections, nearly one dozen states considered anti-Kelo ballot initiatives, and ten such measures passed. On the one-year anniversary of the decision, President Bush issued an executive order that barred federal agencies from using eminent domain to take property for economic development purposes (even though the primary use of eminent domain is by state and local agencies). The "backlash" against the Court's Kelo decision continues today by way of reform efforts in California and other states. Public outcry notwithstanding, the Kelo decision did not represent a substantial worsening of the state of property rights in America. Rather, the Kelo decision reaffirmed decades of precedent-precedent unfortunately rooted in the origins of the American system. Nor is eminent domain the only threat to property rights in America. Even if the federal and state governments abolished eminent domain tomorrow, property rights would still be insecure, because the cause of the problem is more fundamental than law or politics. In order to identify the fundamental cause of the property rights crisis, we must observe how the American legal and political system has treated property rights over the course of the past two centuries and take note of the ideas offered in support of their rulings and regulations. In so doing, we will see that the assault on property rights in America is the result of a long chain of historical precedent moored in widespread acceptance of a particular moral philosophy.Property, Principle, and Precedent In the Revolutionary era, America's Founding Fathers argued that respect for property rights formed the very foundation of good government. For instance, Arthur Lee, a Virginia delegate to the Continental Congress, wrote that "the right of property is the guardian of every other right, and to deprive a people of this, is in fact to deprive them of their liberty." In a 1792 essay on property published in the National Gazette, James Madison expressed the importance of property to the founding generation. "Government is instituted to protect property of every sort," he explained, "this being the end of government, that alone is a just government, which impartially secures to every man, whatever is his own." Despite this prevalent attitude-along with the strong protections for property contained in the United States Constitution's contracts clause, ex post facto clause, and the prohibition of state interference with currency-the founders accepted the idea that the power of eminent domain, the power to forcibly wrest property from private individuals, was a legitimate power of sovereignty resting in all governments. Although the founders held that the "despotic power" of eminent domain should be limited to taking property for "public use," and that the victims of such takings were due "just compensation," their acceptance of its legitimacy was the tip of a wedge. The principle that property rights are inalienable had been violated. If the government can properly take property for "public use," then property rights are not absolute, and the extent to which they can be violated depends on the meaning ascribed to "public use." From the earliest adjudication of eminent domain cases, it became clear that the term "public use" would cause problems. Although the founders intended eminent domain to be used only for public projects such as roads, 19th-century legislatures began using it to transfer property to private parties, such as mill and dam owners or canal and railroad companies, on the grounds that they were open to public use and provided wide public benefits. Add to this the fact that, during the New Deal, the Supreme Court explicitly endorsed the idea that property issues were to be determined not by reference to the principle of individual rights but by legislative majorities, and you have the foundation for all that followed. . . .
  • Topic: Development, Economics
  • Political Geography: United States, America, London
  • Author: Craig Biddle
  • Publication Date: 12-2008
  • Content Type: Journal Article
  • Journal: The Objective Standard
  • Institution: The Objective Standard
  • Abstract: No abstract is available.
  • Topic: Economics
  • Political Geography: America
  • Author: Craig Biddle
  • Publication Date: 12-2008
  • Content Type: Journal Article
  • Journal: The Objective Standard
  • Institution: The Objective Standard
  • Abstract: Concretizes the selfishness-enabling nature of capitalism and shows why this feature makes it the only moral social system on earth.
  • Topic: Economics
  • Political Geography: America
  • Author: Gus Van Horn
  • Publication Date: 12-2008
  • Content Type: Journal Article
  • Journal: The Objective Standard
  • Institution: The Objective Standard
  • Abstract: Not long ago, Alan Greenspan was widely regarded as a sort of gnome of Zurich, on whose unique, ineffable powers our prosperity depended. His famously cryptic mumblings could spook markets and spur investors, many of whom believed that his every word carried great weight. One news channel would cite the thickness of his briefcase before certain meetings as an "economic indicator." The "Maestro," as one biographer called him, even appeared on the cover of Time as part of a three-man "Committee to Save the World." And, most remarkably, Greenspan's reputation as a brilliant economist and potential savior of the world was part and parcel of his reputation as a capitalist. Indeed, he had studied under the great "radical for capitalism" Ayn Rand and had written cogent essays in defense of individual rights and free markets. But then, on October 23, 2008, media outlets around the country dropped a bombshell: Alan Greenspan, "lifelong champion of free markets," had declared capitalism dead. The financial crisis, it seems, shook Greenspan to his core and led him to conclude that free markets do not work. As the San Francisco Chronicle reported: Asked by committee Chairman Henry Waxman [D-CA] whether his free-market convictions pushed him to make wrong decisions, especially his failure to rein in unsafe mortgage lending practices, Greenspan replied that indeed he had found a flaw in his ideology, one that left him very distressed. "In other words, you found that your view of the world, your ideology was not right?" Waxman asked. "Absolutely, precisely," replied Greenspan, who stepped down as Fed chief in 2006 after more than eighteen years as chairman. "That's precisely the reason I was shocked, because I have been going for 40 years or more with very considerable evidence it was working exceptionally well." But the idea that Greenspan possessed "free-market convictions" and that those convictions are why he failed to rein in unsound lending practices is ridiculous. The very purpose of the Federal Reserve-the central bank at the heart of our troubled, government-controlled economy and the money machine that Greenspan operated for almost twenty years-is to manipulate the market. Such a "bank" would not even exist in a free market, and its precise function in our mixed economy is to engage in unsound lending practices as a means of such manipulation. As explained in The Federal Reserve System: Purposes and Functions, which is available from the Federal Reserve's website, one of the primary functions of the Fed is "conducting the nation's monetary policy by influencing the monetary and credit conditions in the economy." The document elaborates, explaining that the Fed "influences" the rate of inflation by setting the interest rate (known as the "federal funds rate") at which private banks can borrow from the various Federal Reserve banks. When the Fed lowers this rate, it thereby expands credit and increases the supply of fiat money-money that is unmoored to any commodity; money that is just printed paper representing no real value in the marketplace; money that is, essentially, worthless. This constitutes inflation and wreaks havoc on the economy. Once upon a time, Greenspan openly acknowledged the destructive nature of fiat money. "The law of supply and demand is not to be conned," he wrote in his famous 1966 essay "Gold and Economic Freedom": As the supply of money (of claims) increases relative to the supply of tangible assets in the economy, prices must eventually rise. Thus the earnings saved by the productive members of the society lose value in terms of goods. When the economy's books are finally balanced, one finds that this loss in value represents the goods purchased by the government for welfare or other purposes with the money proceeds of the government bonds financed by bank credit expansion. Again, "the earnings saved by the productive members of the society lose value . . . represent[ing] the goods purchased by the government for welfare or other purposes." In other words, Greenspan acknowledged in 1966 that one of the primary functions of the Fed is to violate property rights-yours and mine-by printing fiat money and thereby coercively decreasing the value of our hard-earned savings. The Federal Reserve-in all its anti-capitalistic glory-is by its very nature the primary generator of unsound banking. Greenspan knew this in 1966, when he wrote that article; he knew it in 1987, when he accepted his post as chairman of the Fed; he knew it during the eighteen years he manipulated the money supply; and he knows it today. . . .
  • Topic: Economics
  • Author: Eric Daniels
  • Publication Date: 12-2008
  • Content Type: Journal Article
  • Journal: The Objective Standard
  • Institution: The Objective Standard
  • Abstract: Seventy-five years have elapsed since Franklin Delano Roosevelt introduced the flurry of government programs he called the New Deal. In the years since, most historians have lavished FDR with praise, claiming that his bold leadership helped to pull America out of the Great Depression. Even those who acknowledge the failure of particular Roosevelt-era programs claim that FDR instilled hope and confidence in the American people, and that his economic failures were the result of his not going far enough in his policies and not spending enough money. Today, amidst calls for increasing government regulation of the financial industry and increasing government spending through stimulus packages, the New Deal is making a comeback. In light of the recent mortgage crisis and economic downturn, pundits are calling for a revival of 1930s-style policies. Daniel Gross claimed at Slate.com that New Deal reforms were "saving capitalism again." Newly minted Nobel economist Paul Krugman issued calls in the New York Times for President-elect Obama to mimic and expand FDR's response to the Great Depression. And a recent Time cover called for a "New New Deal"-and featured an iconic photo of FDR, with Obama's face and hands substituted. As the Obama administration begins to implement its economic plan, Americans would do well to reexamine the history of the original New Deal and its effects. Though most historians rank FDR as a great president, some, including Burton Folsom Jr., boldly dare to ask if "the New Deal, rather than helping to cure the Great Depression, actually help[ed to] prolong it" (p. 7). According to Folsom, a professor of history at Hillsdale College, the answer is clearly the latter. In New Deal or Raw Deal? How FDR's Economic Legacy Has Damaged America, he challenges the myth that FDR's New Deal represents a shining moment in American history. As long as the mythology surrounding the New Deal remains intact, he notes, "the principles of public policy derived from the New Deal will continue to dominate American politics" (p. 15), costing Americans billions of dollars and further damaging the economy. . . .
  • Topic: Economics, Government, History
  • Political Geography: America
  • Author: Raymond C. Niles
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: The Objective Standard
  • Institution: The Objective Standard
  • Abstract: Surveys the history and achievements of America's electricity entrepreneurs, shows how government interference in the transmission grid has hampered their enterprises from the outset to the present day, and indicates what America must do to liberate the grid and enable a new wave of entrepreneurs to supply this vital product commensurate with the country's demand.
  • Topic: Economics, Government
  • Political Geography: New York, America
  • Author: Petr Stegniy
  • Publication Date: 12-2008
  • Content Type: Journal Article
  • Journal: International Affairs: A Russian Journal of World Politics, Diplomacy and International Relations
  • Institution: East View Information Services
  • Abstract: The evolution of the independent states that emerged following the disintegration of the Soviet Union has predictably prioritized the issue of the national-political identification of the former Union republics. However, the trend toward building national history concepts by radically revising the common experience at the expense of the former "big brother," which has been gaining momentum in a number of post-Soviet states, was less predictable - taking into account the proactive role played by Russia under Boris Yeltsin in dissolving the Soviet Empire, as well as the pledges that were made in 1991 in Belovezhskaia Pushcha.
  • Topic: Cold War, Economics
  • Political Geography: Russia, Ukraine, Soviet Union, Georgia
  • Author: Atsushi Tago
  • Publication Date: 09-2008
  • Content Type: Journal Article
  • Journal: International Relations of the Asia-Pacific
  • Institution: Japan Association of International Relations
  • Abstract: There is an empirical evidence of an aid-for-policy deal between the United States and other states; the United States has utilized aid programs to promote affirmative votes in the UN General Assembly and to maintain an alliance relationship with strategically important states. However, whether there is a systematic evidence of an aid-for-participation deal remains inconclusive. Does the United States generally utilize its foreign aid to reward the contribution of troops to the US-led multinational forces and to punish the lack of contribution? The author argues that US foreign aid is used to prevent free-riding in coalition participation. To test the argument, I examined whether states were punished or rewarded by the United States for their behavior in sending or failing to send troops to 15 post-Second World War US-led coalition forces. The results show that the United States punished states for unexpected nonparticipation, but did not always provide rewards for support.
  • Topic: Economics
  • Political Geography: United States
  • Author: Maryanne Kelton
  • Publication Date: 05-2008
  • Content Type: Journal Article
  • Journal: International Relations of the Asia-Pacific
  • Institution: Japan Association of International Relations
  • Abstract: This article analyzes the reasons that led to the six United States forces withdrawals from South Korea between 1947 and 2008 and the Republic of Korea's responses to these policies. The article discusses the local and global aspects of these forces' functions and tasks and attempts to understand why Korea has not prepared itself for the withdrawal of the US forces throughout the years. The article will argue that there might be a seventh withdrawal of US forces from Korea in the near future, which South Korea and the USA should begin preparing for.
  • Topic: Economics
  • Political Geography: United States, East Asia
  • Author: Stephan Haggard, Marcus Noland
  • Publication Date: 05-2008
  • Content Type: Journal Article
  • Journal: International Relations of the Asia-Pacific
  • Institution: Japan Association of International Relations
  • Abstract: Many debates about engagement with North Korea hinge on the precise nature of North Korea's foreign economic relations: whether trade and investment are on commercial or non-commercial terms; the extent of illicit activities, and the changing geographic patterns of North Korea's trade. This article provides an effort to reconstruct North Korea's foreign economic relations, subordinating our estimates to the discipline of the balance of payments accounting framework. Among the most salient findings for the debate about engagement and sanctions is that North Korea's trade and investment have continued to increase despite the onset of the nuclear crisis and a decline in illicit activities. This growth has occurred in part because of the growing weight of China and South Korea in trade, aid, and investment. We also find that economic relations between North and South Korea have a substantially greater non-commercial component than those occurring across the China–North Korea border.
  • Topic: Economics
  • Political Geography: China, South Korea, North Korea
  • Author: Atsuko Abe
  • Publication Date: 01-2008
  • Content Type: Journal Article
  • Journal: International Relations of the Asia-Pacific
  • Institution: Japan Association of International Relations
  • Abstract: Economic matters such as trade and investment have dominated the studies of EU–Asia relations partly because it was only after 1987 Single European Act and 1993 Treaty of European Union that the EU's competencies were extended beyond economic issues. Even the last decade and a half did not see much change in trend that both parties perceive each other as an economic partner/competitor. Consequentially, few studies have paid attention to non-economic interests in the diplomacy between EU and Asia. This tendency ignores much wider range of agendas between the two regions, such as human rights. This book focuses on EU foreign policy towards Asia, highlighting 'the role and development of human rights matters within the EU's dialogue with Asian partners', which has a low profile in the studies of EU–Asia relations.
  • Topic: Economics
  • Political Geography: Europe, Asia
  • Author: Ralph A. Cossa, Brad Glosserman
  • Publication Date: 10-2008
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: Hopes of progress in Six-Party Talks negotiations evident in the closing days of the previous quarter were quickly dashed as anticipated disagreements over verification of North Korea's nuclear declaration created a stalemate still in evidence at quarter's end. The only movement was backward, as “action for action” was replaced by inaction and worse. Last year, Secretary of State Condoleezza Rice made news by not showing up at the annual ASEAN Regional Forum ministerial. This year she went and hardly anyone noticed. The democratic process made for interesting watching this quarter, not only in Thailand and Malaysia, but in East Asia's most established democracy, as Japan saw its third leader in the 24 months since Prime Minister Koizumi departed the scene. The once presumably left for dead U.S.-India nuclear deal was reincarnated by the Indian Parliament this quarter with the U.S. Congress following suit at quarter's end and President Bush's signature in early October. Finally, the U.S. sneezed this quarter and the rest of the world did catch cold, even as Wall Street struggles with a serious bout of pneumonia. Economic policy also dominated the “foreign policy debate” between Senators Obama and McCain, with no questions and only sparse references to Asia throughout.
  • Topic: Economics
  • Political Geography: India, East Asia, Asia, North Korea
  • Author: Robert Sutter, Chin-Hao Huang
  • Publication Date: 10-2008
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: Chinese relations with Southeast Asia were overshadowed for most of the quarter by Chinese leadership preoccupations with the 2008 Olympic Games and various crises involving toxic Chinese milk supplies, turmoil in U.S. and international financial markets, leadership uncertainty in North Korea, and the Russia-Georgia war. Although official Chinese media highlighted President Hu Jintao's meetings with Southeast Asian and other world leaders at the Beijing Olympics, he and other top leaders did not travel to Southeast Asia except for the foreign minister's attendance at the ASEAN meetings in Singapore in July. New troubles emerged with Vietnam, notably over oil exploration in the South China Sea. The recent pattern of Chinese, Japanese, and South Korean leaders meeting independent of ASEAN, despite their continued avowals of ASEAN's “leadership” in East Asian regional matters, paused when Japanese officials announced the postponement of a planned summit among the three northeast Asian powers in September on account of the resignation of Japan's prime minister.
  • Topic: Development, Economics
  • Political Geography: Russia, Japan, China, Beijing, North Korea, Southeast Asia
  • Author: David G. Brown
  • Publication Date: 10-2008
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: Leaders in Taipei and Beijing continue to pursue improved cross-Strait relations despite political pressures and domestic criticism. The initial agreements are being implemented and behind-the-scenes negotiations are laying the ground for a second tranche of agreements when ARATS Chairman Chen Yunlin visits Taiwan in late October or early November. The Beijing Olympics occasioned some tensions over terminology until the leadership in Beijing stepped in to craft a satisfactory solution. Taipei's modest proposal at the UN aimed at participation in UN specialized agencies was rejected by Beijing. However, a debate is underway in Beijing on how to address Taipei's demand for increased international space and the Ma administration remains hopeful that Beijing will eventually devise a more forthcoming response. On October 3, the Bush administration notified Congress of a $6.5 billion arms package for Taiwan.
  • Topic: Economics
  • Political Geography: China, Taiwan, Beijing, Taipei
  • Author: Scott Snyder
  • Publication Date: 10-2008
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: The Games of the 29th Olympiad had preoccupied Chinese leaders for almost a decade as they sought to utilize it to project to domestic and international audiences China's accomplishments on an international stage. It has framed many issues in Sino-Korean relations, especially given the many resonances between the 1988 Olympics in Seoul and the Beijing Olympics two decades later. But now that the Games are over, Chinese leaders may adopt a different frame for viewing the world and the Korean Peninsula, the details of which have begun to emerge in the “post-Olympics era.” President Lee Myung-bak was among the many world leaders who attended the opening ceremonies, while President Hu Jintao returned the visit to Seoul only two weeks later, less than a day after the closing ceremonies in Beijing. In contrast, Kim Jong-il was a no-show not only for the Olympics, but also for the 60th anniversary commemoration of the founding of the DPRK on Sept. 9. The Olympics brought with it a surprising undercurrent of popular anti-Korean sentiment in China, most of it stimulated through internet rumors and the attempt by Korean journalists to tape and release a portion of the Olympic opening ceremonies days before the event. This sentiment may suggest that the “Korean wave” (Chinese attraction to Korean pop culture) is receding – or at least that it is accompanied by a strong undertow of backlash among certain segments of Chinese society. On the Korean side, Chinese product safety issues are another drag on the relationship.
  • Topic: Economics, Politics
  • Political Geography: China, Beijing, Korea
  • Publication Date: 10-2008
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: With the presidential elections in the U.S. scheduled for Nov. 4, the candidates' views of relations with Asia are of great interest to the foreign policy community in the U.S. and throughout Asia. In an effort to provide some insight into the policies of Sen. John McCain and Sen. Barack Obama, we have surveyed both campaigns' statements to answer a series of questions regarding their Asia policy stances as the basis of this quarter's Occasional Analysis. Overall priorities for East Asia Senator Obama America's future prosperity and security are closely tied to developments in Asia. Our relations with Asia's diverse countries and economies have been stable but stagnant these past few years. Our narrow focus on preventing the spread of weapons of mass destruction and prosecuting a war on terrorism have earned us some cooperation, but little admiration. The war in Iraq has lost us good will among both allies and adversaries and has distracted our attention and policy initiatives from Asia's issues. Our preoccupation with Iraq has given a strategic advantage to China in the region, with as yet uncertain consequences. Barack Obama believes that the U.S. needs to strengthen our alliances and partnerships and engage more broadly in the regional trend toward multilateralism in order to build confidence, maintain regional stability and security, restore our international prestige, and promote trade and good governance in this crucial region.
  • Topic: Security, Economics
  • Political Geography: United States, America, Asia
  • Author: Richard Jolly
  • Publication Date: 09-2007
  • Content Type: Journal Article
  • Journal: Ethics International Affairs Journal
  • Institution: Carnegie Council
  • Abstract: "Economic Justice in an Unfair World" is a stimulating, well-researched book combining economic analysis, political philosophy, and contemporary policy, all focused on one key question: What does one mean by economic justice in a world cut through by inequalities of income, bargaining power, and human poverty?
  • Topic: Economics
  • Author: Mehmet Ogutcu, Xin Ma
  • Publication Date: 07-2007
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: This paper attempts to analyze the expanding energy linkages between China, one of the most dynamic major consumers, the Middle East, a leading petroleum producer, and the CIS, a core non-OPEC emerging producer, not only because they are well established oil exporting regions, but also because of their geopolitical relevance to China as key players in a possible energy corridor linking China with the Gulf at some point in the future. The paper concludes that the economics and geopolitics of energy supply for China dictate different approaches to each of these regions, with the CIS territory ensuring that its energy to be transported across the ocean where China could be vulnerable to potential maritime disruption in the event of serious international disputes, and with the Gulf offering more flexible commercial arrangements.
  • Topic: Economics
  • Political Geography: China, Middle East
  • Author: Mehmet Bardakçı
  • Publication Date: 10-2007
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: Since 2004 there has been a dramatic drop in the support expressed by the Turkish public for the EU and the Turkish membership. Many factors were at work for this downward trend of Turkish people's perceptions of the EU including the Cyprus policy, the Armenian genocide claims, the EU's treatment of Turkey as a special case, vocal objections raised by the EU leaders as well as the public to Turkey's EU membership, the economic costs of the accession process, nationalist backlash as a result of the resumption of PKK terrorism, mutual rise in negative perceptions of the Muslim and Western world at large in the post-September 11 process. Therefore, amid growing anti-European sentiments in domestic politics it became increasingly difficult for the ruling AKP to sustain the EU reform agenda.
  • Topic: Economics
  • Political Geography: Europe, Turkey, Armenia
  • Author: Sercan Gidişoğlu
  • Publication Date: 10-2007
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: This article offers an analysis of the large inventory of definitions proposed for 'the EU's capacity to absorb new members', by the EU institutions as well as scholars and Brussels-based public affairs companies. It also makes a comparison between 1993, when the term 'absorption capacity' (AC) is used for the first time in an official text, and the period from 2005 on, when this term reappeared frequently in European terminology and came to be defined with more precision. AC mainly refers to the capacity of the EU to absorb new members while functioning efficiently and maintaining the momentum of European integration. It has three main components: economic, political, and institutional absorption capacities. However, despite some consensus on its usage, the term remains ill-defined and misleading. To remedy this problem, the Commission recently replaced the term with the phrase 'integration capacity'. Nevertheless, further efforts should be made to clarify this concept, which is still being used in official texts without enough precision.
  • Topic: Economics
  • Political Geography: Europe, Brussels
  • Author: Douglas A. Houston
  • Publication Date: 09-2007
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: Many in the world of developmental economics believe that corruption, the circumvention of the rule of law for private gain, leads to nothing but woe for any nation's economy, under any circumstances. Transparency International makes the elimination of corruption their mission, and many large multinational firms today echo that goal by building ethical codes that prohibit employees from engaging in practices deemed corrupt, regardless of local attitudes and customs toward the practices. The World Bank makes curbing corruption a linchpin in their campaign to improve governance. Reasons given for blanket condemnation of corrupt behavior are often utilitarian: Corruption is expected to increase the economic costs of doing business by undermining the laws of the land; this, in turn, reduces productive activities and investments, with negative consequences unfolding for human development and economic growth.
  • Topic: Corruption, Economics, Government
  • Author: Jocelyne Cesari
  • Publication Date: 08-2007
  • Content Type: Journal Article
  • Journal: French Politics, Culture Society
  • Institution: Conference Group on French Politics Society
  • Abstract: All too often, the question of Muslim minorities in Europe and America is discussed solely in socioeconomic terms or with a simplistic focus on the Islamic religion and its purported incompatibility with democracy. This article focuses instead on the secularism of Western host societies as a major factor in the integration of Muslim minorities. It compares French and American secularism and argues that while French-style secularism has contributed to present tensions between French Muslims and the French state, American secularism has facilitated the integration of Muslims in the United States-even after 9/11.
  • Topic: Economics
  • Political Geography: United States, America, Europe
  • Author: Guido Thiemeyer
  • Publication Date: 06-2007
  • Content Type: Journal Article
  • Journal: German Politics and Society
  • Institution: German Politics and Society Journal
  • Abstract: This article focuses on the economic aspects of German European policy in the 1950s and raises the question whether the economic system of the Federal Republic of Germany, “Soziale Marktwirtschaft” had any impact on the European policy of the West German state. It argues that Social Market Economy as defined by Ludwig Erhard influenced German European policy in certain aspects, but there was a latent contradiction between the political approach of Konrad Adenauer and this economic concept. Moreover, this article shows that West German European policy was not always as supportive for European unity as it is often considered.
  • Topic: Foreign Policy, Economics
  • Political Geography: Africa, Europe, Germany
  • Author: James C. Van Hook
  • Publication Date: 06-2007
  • Content Type: Journal Article
  • Journal: German Politics and Society
  • Institution: German Politics and Society Journal
  • Abstract: Economics and economic history have a fundamental role to play in our understanding of Cold War Germany. Yet, it is still difficult to establish concrete links between economic phenomena and the most important questions facing post 1945 historians. Obviously, one may evaluate West Germany's “economic miracle,” the success of western European integration, or the end of communism in 1989 from a purely economic point of view. To achieve a deeper understanding of Cold War Germany, however, one must evaluate whether the social market economy represented an adequate response to Nazism, if memory and perspective provided the decisive impulse for European integration, or if the Cold War ended in Europe because of changes in western nuclear strategy. Economic history operates in relation to politics, culture, and historical memory. The parameters for economic action are often as determined by the given political culture of the moment, as they are by the feasibility of alternative economic philosophies.
  • Topic: Cold War, Economics, Politics
  • Political Geography: Europe, Germany, West Germany
  • Author: Cemal Karakas
  • Publication Date: 12-2007
  • Content Type: Journal Article
  • Journal: Uluslararasi Iliskiler
  • Institution: Uluslararasi Iliskiler
  • Abstract: With the beginning of negotiations, Turkey has, froom the legal perspective according Article 49 EUV, the right to join the EU, but the EU does not have the obligation to take Turkey in. The European Council's Turkey resolution at its December 2004 Summit foresees a guarantee clause: If accesion of Turkey is not accomplished, yet both sides still have an interest in deeper cooperation and integration, then "it must be ensured that the candidate state concerned is fully anchored in the European structures through the strongest possible bond". The key question is which model would then work best for Turkey: supranational integration (accession) or intergovernmental cooperation (Privileged Partnership, Extenden Associated Membership, European Economic Area Plus). The model of Gradual Integration shows a new, a third way of integration this model proposes a new dynamic method of intergovernmental integration, including decisiom-making rights for Turkey, from which a new sui generis form of membership could result.
  • Topic: Economics
  • Political Geography: Europe, Turkey
  • Author: Philip Hanson
  • Publication Date: 03-2007
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: Since 2003, state control in the Russian economy has increased significantly. This has affected mainly but not only the oil industry. This policy development gives some grounds for concern about Russia's long-run growth. Its origins lie in power struggles within the political elite, in efforts by members of that elite to enrich themselves and in a profound distrust on the part of that elite of any sources of power that they do not themselves control. One result is that business confidence has been dented, the growth of oil output has slowed, and future GDP growth depends more heavily than before on further growth in oil prices.
  • Topic: Economics, Oil
  • Political Geography: Russia
  • Author: Michele Nones
  • Publication Date: 06-2007
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The prospect of transatlantic cooperation in the field of defence systems depends on reaching an acceptable point of equilibrium. Without it, Europe would find the strategic, political, economic, and industrial risks of total American predominance in this field (with the consequent loss of technical and production expertise) unacceptable. The reduction of the gap between Europe and the United States depends on the integration of the European defence market. This must not be seen as a risk for transatlantic collaboration, but as an opportunity. Building up a transatlantic market could also improve the efficiency of the American market by increasing competition. This collaboration, based not on bilateral, national, or multilateral agreements, but instead on bi-continental cooperation, is the challenge that Europe and the United States must face and meet together.
  • Topic: Economics
  • Political Geography: United States, America, Europe
  • Author: Michael Yahuda
  • Publication Date: 09-2007
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: China's continuing rise has brought it to a new stage in its engagement with the outside world. China's growing economic and diplomatic weight has made it an influential player in all parts of the world and it is seeking to consolidate its image as a responsible major player within its own region and in the wider world. The Olympic Games to be held in Beijing next year will offer a major opportunity to show that China has come of age as a modern power. China is reaching a point where the extent and depth of its international interests are not only increasing its stake in the global system, but are also allowing it to begin to make its mark as a potential rule-maker in world affairs. This is particularly noticeable in Africa, where it is successfully challenging the approach of international organisations and Western governments which have made aid and certain other economic exchanges and arms sales conditional on improving the governance of relevant states. China's ''model of development'', which combines rapid economic growth with authoritarian rule, is gaining approval by certain third world governments as a viable alternative to the so-called ''Washington consensus'', which emphasises liberal economics and democratic politics.
  • Topic: Economics
  • Political Geography: China, Washington, Beijing
  • Author: François Godement
  • Publication Date: 09-2007
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: China's energy policy is traditionally based on self-sufficiency. While energy bottlenecks have often been cited as a limitation to China's economic growth, China has been successful at producing energy using its domestic coal - albeit putting a strain on transport and producing a high degree of pollution. Aggressively after 2001, China has started to search for external resources, both to supply its voracious appetite for oil and to insure its economy against possible geopolitical disruptions - including the threat of sanctions. This has given Chinese companies a life of their own, making them large international actors. Today, China is both saddled with new responsibilities for the developing countries in which it owns sizeable exploitation rights, and influenced by a new thinking on energy security, based on the idea of improving energy efficiency before developing resources. This offers opportunities for the West - and Japan - in cooperating with China, a huge energy importing country, to lessen the dominance of producers, create business opportunities for energy efficiency equipment, and also to cap CO2 and other emissions.
  • Topic: Economics
  • Political Geography: Japan, China
  • Author: Arthur Goldhammer
  • Publication Date: 06-2006
  • Content Type: Journal Article
  • Journal: French Politics, Culture Society
  • Institution: Conference Group on French Politics Society
  • Abstract: Belief in the possibility of a revolutionary transformation of French society sustained much of the political and cultural ferment in France in the quarter century following the end of World War II. Perry Anderson, in two articles published in the London Review of Books, argues that the decline of this faith has cast a pall over France, and he traces this decline in large part to the work of historians François Furet and Pierre Nora. It is argued here that Anderson neglects broader economic, societal, and cultural forces that combined to undermine belief in the transformative power of revolution and is therefore led to an unduly pessimistic interpretation of the cultural turn of the 1970s.
  • Topic: Economics
  • Political Geography: France, London
  • Author: Olivier Masclet
  • Publication Date: 12-2006
  • Content Type: Journal Article
  • Journal: French Politics, Culture Society
  • Institution: Conference Group on French Politics Society
  • Abstract: This article examines why the activism of the children of North African immigrants has not been noticed or recognized by elected officials of the Communist Party. Through historical and ethnographic study of a Communist municipality in the greater Paris region, the article first demonstrates that this militancy, far from being a new thing, is inscribed in the traditional forms of the militancy associated with the "banlieues rouges." In order to understand the urban activists' invisibility in politics, the author analyzes the negative representations of the group from which they come and the tensions between North African immigrants and local officials of the Left, tensions linked to urban renewal in the industrial suburbs. The detour through the history of the "red suburbs" thus reveals the structure of the tense relations between the Left and the housing projects, which seem to be disowned not only economically but also politically.
  • Topic: Economics
  • Political Geography: North Africa
  • Author: Emel G. Oktay
  • Publication Date: 06-2006
  • Content Type: Journal Article
  • Journal: Uluslararasi Iliskiler
  • Institution: Uluslararasi Iliskiler
  • Abstract: This study aims at evaluating the dynamics that paved the way for the inception of the Black Sea Economic Cooperation (BSEC) initiative, which was lauched by Turkey taking advantage of the impact of the changes in the international system generated by the ending of the Cold War period. For the evaluation of the success and perenniality of the BSEC initiative, organizational structure and perceptions of member countries are also studied. In addition to important economic cooperation, initiatives aimed at security cooperation in the Black Sea, are also analysed by taking into account their impact upon the regional and international arena. Finally, the achievements of BSEC since its inception in 1992 are evaluated and some suggestions are provided.
  • Topic: Cold War, Economics
  • Political Geography: Eurasia, Turkey
  • Author: Konuralp Pamukçu
  • Publication Date: 06-2006
  • Content Type: Journal Article
  • Journal: Uluslararasi Iliskiler
  • Institution: Uluslararasi Iliskiler
  • Abstract: The negative impacts of human-induced climate change on economic, social and ecological structures have been observed in many parts of the world. Climate change and global warming have seen as the main global threat to humanity. A majority of scientists have warned policymakers about the necessity and urgency of limiting green-house gas emissions in the first quarter of this century. Keeping those warnings in mind, this paper discusses whether a truly global cooperation in the fight against climate change under the Kyoto Protocol is reachable. Specifically, this paper tries to answer the question of whether the Kyoto Protocol and irs emerging flexible mechanisms would lead to effective international cooperation in the battle against climate change.
  • Topic: Climate Change, Economics
  • Author: Aydin Findikçi
  • Publication Date: 03-2006
  • Content Type: Journal Article
  • Journal: Uluslararasi Iliskiler
  • Institution: Uluslararasi Iliskiler
  • Abstract: Globalization is difficult to characterize, because it takes place on many different levels. Even if one could agree on "hard" facts, yet it would not be clear how such information would affect the actions of economic and social participants. At present, dramatic global change processes are taking place within the economic sphere, which permit one to speak of a new quality of internationalization and regionalization of economics. This has led to the use of the new term "globalization" to describe this development. However, in terms of such factors as capital structures, management and the location of research and development facilities, the term "globalization," is not applicable. Therefore, we should rather refer to a further internationalization and regionalization of the global economy.
  • Topic: Economics, Globalization
  • Author: Pinar Akçali
  • Publication Date: 03-2005
  • Content Type: Journal Article
  • Journal: Uluslararasi Iliskiler
  • Institution: Uluslararasi Iliskiler
  • Abstract: This article aims to analyze the relations between Turkey and Tajikistan in the aftermath of the dissolution of the Soviet Union. The relations between these two countries remained rather limited in the period of 1991-1994 because Tajikistan was not Turkic, faced negative economic conditions, went through a civil war, and had closer ties with Iran and Russia. Between 1995 and 2003, however, these relations improved as Turkey better realized the fact that Tajikistan was both an inseparable part of Central Asian geography and critical for regional stability. Furthermore, in this period, Tajik Civil War ended with an important political reconciliation. It is concluded that although there has been a relative improvement in Turkish-Tajik relations since Tajikistan's independence, it has not yet reached to a satisfactory level.
  • Topic: International Relations, Economics, War
  • Political Geography: Russia, Iran, Central Asia, Turkey, Asia, Tajikistan
  • Author: Mert Bilgin
  • Publication Date: 09-2005
  • Content Type: Journal Article
  • Journal: Uluslararasi Iliskiler
  • Institution: Uluslararasi Iliskiler
  • Abstract: It is almost impossible for Turkey to find a room in Eurasia based on its political meaning. However the more Eurasia is assigned an economic meaning, the more Turkey can benefit from its advantages. The necessity to ameliorate the terms of the energy agreements signed with Eurasian energy exporters and to increase exportations to these countries through strong brands fortified by the concept of TURQUALITY® are the two preconditions of this. By this positioning Turkey will better respond to the forthcoming pressures from; 1- High costs of energy and raw materials imported from Eurasian countries. 2- Full EU membership of East European countries, 3- Eurasian Customs Union, 4- Global price competition especially in the textile sector. Eurasia, which should be considered within this structure, does not indicate an alternative against Europe, but rather offers opportunities along which Turkey has the potency to position itself as a "Eurasian Tiger" if it manages to overcome these pressures.
  • Topic: Economics
  • Political Geography: Europe, Eurasia, Turkey
  • Author: Mustafa Aydin, Damla Aras
  • Publication Date: 06-2004
  • Content Type: Journal Article
  • Journal: Uluslararasi Iliskiler
  • Institution: Uluslararasi Iliskiler
  • Abstract: The political logic (i.e., political perceptions of the ruling elite in a given country and nature of the political relations with other countries) determines economic activity, not the other way around, among the proto-capitalist states of the Middle East. As the political ties has primacy in the region in determining the course of economic relations, even market oriented democratic (or quasi-democratic) countries have to accept the prominence of political-strategic relations when dealing with such states. This paper will examine the interrelated fluctuation of trade and political tensions between Turkey and its immediate Middle Eastern neighbours - Iran, Iraq, and Syria. It will highlight the political determinants of the relationship between these countries; will discuss the role of the US as the independent variable; and will assess the possible effects of the emergence of Justice and Development Party government in Turkey on country's political and economic relations with its Middle Eastern neighbours.
  • Topic: International Relations, Economics, International Political Economy
  • Political Geography: United States, Iraq, Europe, Iran, Turkey, Middle East, Syria
  • Author: Sennur Özdemir
  • Publication Date: 09-2004
  • Content Type: Journal Article
  • Journal: Uluslararasi Iliskiler
  • Institution: Uluslararasi Iliskiler
  • Abstract: A radical crisis in capitalist system has been determined in the first part of the study, in relation with the present chaotic international atmosphere, resulting in a civilisational turn (from the West to the East). The dominant role attributed to the (Islamic) East in this process will be argued in the second section. Lastly, this argument will be discussed around the MÜSİAD in Turkey, as an organisation (with an Islamic reputation) in recently declared 'model country' for the Islamic Middle East. The MÜSİAD has stamped on the agenda of 1990's in many respects with its multi-functional and multilateral positioning determined by the kinds of activities intersecting economic and socio-cultural (indirectly political as well) fields. This organisation is representative in reflecting Turkey's overall transformation in its multidimensionality (from a specific form of state capitalism to a specific form of market capitalism).
  • Topic: Economics, Islam, Religion
  • Political Geography: Turkey, Middle East
  • Author: Elçin Aktoprak
  • Publication Date: 12-2004
  • Content Type: Journal Article
  • Journal: Uluslararasi Iliskiler
  • Institution: Uluslararasi Iliskiler
  • Abstract: Immanuel Wallerstein is one of the distinguished social scientists differentiating our general way of understanding and perceiving the world by developing the thesis that is based on world-system analysis. The aim of this article is limited to a short explanation of his approach. In this context, in the first chapter Wallerstein's world-system analysis and social sciences approach will be dealt with and in the second chapter modern world-system will be examined. Wallerstein considers modern world-system as a capitalist world-economy. Hence, Wallerstein's perception on capitalism and geoculture and his opinions on class, race, national and ethnic identity will be held in the second chapter.
  • Topic: Civil Society, Economics, Globalization
  • Author: Rasim Özgür Dönmez
  • Publication Date: 12-2004
  • Content Type: Journal Article
  • Journal: Uluslararasi Iliskiler
  • Institution: Uluslararasi Iliskiler
  • Abstract: The aim of the article is to evaluate the relationship between globalization, modernity and violence in the context of the antagonistic relationship between political Islam and the West. To put it more succinctly, this study seeks an answer for the question "why and how do globalization and modernity breed global political violence?" It tries to answer this question by means of evaluating the formation, the development and the transformation process of political Islam by considering and examining the role of the West, modernity and the changing political, economic and psychological conditions stemming from globalization. In this framework, this study consists of two sections. The first section evaluates the effects of globalization and modernity on the formation of political violence. The second section explains and examines the relationship between globalization, modernity, violence and political Islam.
  • Topic: Development, Economics, Globalization, Islam, Terrorism
  • Author: Mert Bilgin
  • Publication Date: 12-2004
  • Content Type: Journal Article
  • Journal: Uluslararasi Iliskiler
  • Institution: Uluslararasi Iliskiler
  • Abstract: Post-Soviet countries are either passing through a transition period, or have already completed it, as an outcome of the neoliberal pressures of international actors. The attempts have focused on reconstruction of the state because of its being conceived as an impediment in front of political and economic liberalization. The states of Azerbaijan, Kazakhstan and Turkmenistan resemble other transition economies in the sense that they share a similar Soviet legacy. Nevertheless, they deviate from the rest by the virtue of natural resources which endow the state the ability to re-produce itself. The state of Azerbaijan has liberated itself from the society by using the natural resource rents, which in turn outmode taxation as an instrument of revenue. Despite Kazakhstan's discernible progress in launching economic reforms, the state has politically kept its solid structure. The Kazakh state has preferred to allocate the natural gas revenues for economic transformation with no political liberalization. Under an autocratic regime, the Turkmen state has strengthened its positioning vis-à-vis the society with no economic and political transformation.
  • Topic: Communism, Development, Economics
  • Political Geography: Central Asia, Kazakhstan, Soviet Union, Azerbaijan, Turkmenistan