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  • Author: Nancy Birdsall
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: Ethics & International Affairs
  • Institution: Carnegie Council
  • Abstract: Thomas Piketty's Capital in the Twenty-First Century is a tour de force—a compelling and accessible read that presents an eloquent and convincing warning about the future of capitalism.* Capitalism, Piketty argues, suffers from an inherent tendency to generate an explosive spiral of increasing inequality of wealth and income. This inegalitarian dynamic of capitalism is not due to textbook failures of capitalist markets (for example, natural monopolies) or failures of economic institutions (such as the failure to regulate these monopolies), but to the way capitalism fundamentally works. Unless the spiral is controlled by far more progressive taxation than is now the norm, the political fallout could undermine the viability of the successful “social state” (p. 471) in the advanced economies, putting the democratic state itself at risk.
  • Topic: Economics, Government, Politics
  • Political Geography: United States, United Kingdom, France
  • Author: Paul Cornish, Andrew M. Dorman
  • Publication Date: 04-2015
  • Content Type: Journal Article
  • Journal: International Affairs
  • Institution: Chatham House
  • Abstract: Whichever party or parties form the next UK government, a Strategic Defence and Security Review (SDSR) is expected to begin soon after the general election in May. The review might be a 'light touch' exercise—little more than a reaffirmation of the SDSR produced by the coalition government in 2010. It seems more likely, however, that the review will be a lengthier, more deliberate exercise and one which might even last into 2016. For those most closely engaged in the process the challenge is more complex than that confronted by their predecessors in 2010. The international security context is more confused and contradictory; the UK's financial predicament is still grave; security threats and challenges will emerge that cannot be ignored; the population's appetite for foreign military engagement appears nevertheless to be restricted; and prevailing conditions suggest that the risk-based approach to national strategy might be proving difficult to sustain. Two key questions should be asked of the review. First, in the light of recent military experiences, what is the purpose of the United Kingdom's armed forces? Second, will SDSR 2015–16 sustain the risk-based approach to national strategy set out in 2010, and if so how convincingly? Beginning with a review of the background against which SDSR 2015–16 will be prepared, this article examines both enduring and immediate challenges to the national strategic process in the United Kingdom and concludes by arguing for strategic latency as a conceptual device which can complement, if not reinvigorate, the risk-based approach to national strategy and defence.
  • Topic: Security
  • Political Geography: United Kingdom
  • Author: Anthony Richards
  • Publication Date: 04-2015
  • Content Type: Journal Article
  • Journal: International Affairs
  • Institution: Chatham House
  • Abstract: This article argues that there has been an increasing convergence of the discourses of terrorism, radicalization and, more lately, extremism in the UK and that this has caused counterterrorism to lose its focus. This is particularly evident in the counterterrorism emphasis on non-violent but extremist ideology that is said to be 'conducive' to terrorism. Yet, terrorism is ineluctably about violence or the threat of violence; hence, if a non-violent ideology is in and of itself culpable for terrorism in some way then it ceases to be non-violent. The article argues that there should be a clearer distinction made between (non-violent) extremism of thought and extremism of method because it is surely violence and the threat of violence (integral to terrorism) that should be the focus of counterterrorism. The concern is that counterterrorism has gone beyond its remit of countering terrorism and has ventured into the broader realm of tackling ideological threats to the state.
  • Topic: Terrorism
  • Political Geography: United Kingdom
  • Author: Richard J. Aldrich
  • Publication Date: 04-2015
  • Content Type: Journal Article
  • Journal: International Affairs
  • Institution: Chatham House
  • Abstract: The 'Five Eyes' alliance, led by the United States, spends close to 100 billion dollars a year on intelligence. This review article argues that western countries are distinguished by their sophisticated approach to the making of intelligence-led national security policy. Political leaders and policy-makers who access this sensitive material are often involved in elaborate systems that constitute part of the core executive and which seek to task and improve the intelligence leviathan. Western intelligence therefore has a 'central brain' that devotes considerable energy to both analysis and management. By contrast, in the majority of other states around the world, the orientation of intelligence has often been inward facing, with a high priority given to regime security. Some would suggest that intelligence has been an important component of western power projection, while others would argue that this process has been over-expensive and has under-delivered, not least in the last decade. Either way, the debates about development of the central intelligence machinery that supports western security policies are of the first importance and fortunately this discussion has been advanced by the appearance of several valuable new studies: these are discussed in this review article.
  • Topic: Politics
  • Political Geography: United States, United Kingdom
  • Author: Mohammad Siddique Seddon
  • Publication Date: 02-2014
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: THE CONTINUED and growing presence of Islam and Muslims in the West has produced a plethora of conflicting literature and debates around interpretations on and representation of minority Muslim identity constructions. Incorporated into the configurations of the ever-shifting debates on Muslim identities is the impact of the 9/11 terror attacks and the subsequent re-framing of Islam/Muslims in modern, liberal and increasingly secular western societies. Geoffrey Nash's new book sets about unpacking what has been produced, by whom and why on evolving fictional narratives on Muslims over the last two decades. His survey covers a series of interrelated styles of English writing: ranging from the novel, through memoir and travel writing to journalism, including a wide range of authors and texts.
  • Topic: Islam
  • Political Geography: United Kingdom
  • Author: John Mattausch
  • Publication Date: 02-2014
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: WHEN BRITAIN was more permeated by Christianity than it is today, well-meaning vicars would run youth clubs offering table tennis along with church homilies intended to keep young people on the straight and narrow and away from worldly temptation: these clubs were rarely over-subscribed and the attempts to be 'relevant' to the youth were always lame. Nowadays, very few young Britons attend church regularly, younger British Muslims are much more likely to be the ones receiving religious instruction on the weekend and older Muslims in their turn are now the ones trying to keep their children within their religious fold.
  • Political Geography: United Kingdom
  • Author: Joshua R. Hendrickson
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: A bank is considered insolvent when its liabilities (deposits) exceed the value of its assets (reserves, loans, and securities). If assets exceed liabilities, any losses experienced on the asset side of the bank balance sheet result in a corresponding loss in the bank's capital. Insolvency occurs only in the event of losses exceeding the value of capital. All else equal, a bank with more capital is at lower risk of insolvency because the value of the bank's capital fluctuates with the value of assets.
  • Topic: Civil War
  • Political Geography: United Kingdom
  • Author: Kent Allen
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: E-Commerce: Easing Cross-Border E-Commerce BY KENT ALLEN The age of digital commerce is dawning in Latin America, with cross-border marketers looking to the 2014 World Cup and 2016 Olympics in Brazil as opportunities to connect with online shoppers. Will the region capitalize on its e-commerce potential? The cross-border e-commerce math is simple. More online traffic means more sales opportunities, especially for digitally savvy brands from the U.S. and United Kingdom. The number of Latin Americans accessing the Internet jumped 12 percent last year, and mobile traffic is on the rise too. From July 2011 to July 2012, Flurry Analytics reports that four of the 10 fastest growing iOS and Android markets, as measured by the number of active devices, were in the Americas: Chile (279 percent); Brazil (220 percent); Argentina (217 percent); and Mexico (193 percent). Federico Torres, CEO of Traetelo, a cross-border marketplace solely focused on Latin America, explained why the region's future is digital at the June 2013 Chicago Internet Retailer Conference and Exhibition, the world's largest e-commerce conference. According to Traetelo, Chile (27 percent growth), Mexico (19 percent) and Brazil (19 percent) were among the five fastest-growing e-commerce markets in the world last year. “Three-quarters of Latin America shoppers find the products they search for on U.S. e-commerce sites,” said Torres.
  • Topic: Government, Reform
  • Political Geography: United States, United Kingdom, Brazil, Latin America, Mexico
  • Author: Nasser Saghafi-Ameri, Pirooz Izadi
  • Publication Date: 12-2014
  • Content Type: Journal Article
  • Journal: Iranian Review of Foreign Affairs
  • Institution: Center for Strategic Research
  • Abstract: The adoption of the Geneva Accord between Iran and the P5+1 (the US, UK, France, Russia, China plus Germany) to resolve issues related to Iran's nuclear program on November 24, 2013, brought about a series of debates in political circles. In many ways, it could be considered a historic event with international and regional implications and also ushered in a new chapter in Iran-U.S. relations. At the international level, it could have a great impact on the ways in which world affairs are managed. In fact, it was a victory for diplomacy, multilateralism and a thrust towards a multi-polar international system after more than a decade of unilateralism and military interventionist policies with all its catastrophic consequences. At the regional level, by fostering new alignments, it may have a positive impact on current problems; be it elimination of weapons of mass destruction or countering terrorism and extremism that is now expanding beyond the region. The Accord in Geneva also fosters hope for solid and productive relations between Iran and the U.S. after more than three decades of estrangement. Considering that a new geostrategic situation is unfolding in the region, this article tries to answer the questions related to its international and regional implications, as well as its impact on the very delicate issue of Iran-U.S. relations. At the end, some of the major challenges that lay ahead in the implementation of the Accord are examined.
  • Topic: Foreign Policy, Politics, Terrorism, Weapons of Mass Destruction
  • Political Geography: Geneva, Russia, United States, China, United Kingdom, Iran, East Asia, France, Germany
  • Author: Abuzar Gohari Moqaddam, Hojatollah Noori Sari
  • Publication Date: 12-2014
  • Content Type: Journal Article
  • Journal: Iranian Review of Foreign Affairs
  • Institution: Center for Strategic Research
  • Abstract: Diplomatic relationship between Iran and the United Kingdom is one of the most heated debates in the foreign policy of the Islamic Republic. The pros and cons of these relations have always been subject to argument and controversy among politicians and academics. This article seeks to analyze diplomatic ties between the Islamic Republic of Iran and the United Kingdom, applying the cost-benefit analysis method. In this relationship, the costs and benefits are discussed in three situations including the maintenance, downgrading, and rupture of diplomatic relations. The main question answered by the authors is how diplomatic relations between the Islamic Republic of Iran and the United Kingdom can be analyzed according to the cost-benefit analysis method, and what costs and benefits can be brought about for Iran in case of the rupture, downgrading or maintenance of diplomatic relations with Britain. The final conclusion of this research suggests that under the current circumstances, downgrading diplomatic relations with the United Kingdom can lead to fewer costs and further benefits for the Islamic Republic of Iran in comparison to the other two options.
  • Topic: Islam, Politics
  • Political Geography: Britain, United Kingdom, Iran