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Begin New Search Topic Economics Political Geography Europe Content Type Policy Brief Publication Year within 25 Years

381. Mercosur/European Union — Tariff Talks

Publication Date:
07-2001
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
The outlook for trade ties between the EU and Mercosur. EU-Mercosur trade negotiations earlier this month gave a vigorous push to commercial negotiations between the two regions. The EU presented a detailed proposal for liberalising EU-Mercosur trade during the next ten years. Trade talks between the EU and Mercosur have now reached a more advanced stage than the talks on the Free Trade Area of the Americas (FTAA).
Topic:
Economics and Politics
Political Geography:
Europe

382. Special Policy Forum Report: Turkey In The Twenty-First Century

Author:
Niyazi B. Gunay and Ismail Cem
Publication Date:
04-2001
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
On March 28, 2001, His Excellency Ismail Cem, foreign minister of Turkey, addressed The Washington Institute's Policy Forum. The following is a rapporteur's summary of his remarks. Over the past four years Turkish foreign policy has been experiencing a transformation. Turkey now sees itself not only as part of Europe but also as part of Asia. The Asian character of Turkey, which has been downplayed for decades, has been revitalized, making Turkish foreign policy more active in the Middle East and the former Soviet Union and helping Turkey to improve relations simultaneously with the Arabs and Israel. Turkey's relations with the European Union are progressing favorably; EU membership is a goal, but not an obsession for Turkey.
Topic:
International Relations, Foreign Policy, and Economics
Political Geography:
Europe, Washington, Turkey, Middle East, and Arabia

383. Turkey And The Bush Administration: The Question Marks

Author:
Alan Makovsky
Publication Date:
03-2001
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
Turkey's economic crisis is naturally the leading issue in bilateral U.S.-Turkish relations, and it is almost certainly topping the agenda of today's meetings of Foreign Minister Ismail Cem with Vice President Richard Cheney and other senior officials. Of course, these meetings pose the difficult question of how much Washington should do, if anything, to bail out its strategically vital ally. But this is only one of several uncertainties characterizing U.S.-Turkish relations in the early days of the Bush administration. Because so much of Turkey's importance to the United States derives from its critical strategic location, bilateral relations are greatly affected by U.S. policies toward other states in Turkey's region. Of most concern to Turkey will be the evolution of Bush administration policy toward Iraq, Iran, and Russia, and also toward Europe's nascent bid to develop an autonomous security capacity.
Topic:
International Relations, Security, Defense Policy, Economics, and Energy Policy
Political Geography:
Russia, United States, Iraq, Europe, Iran, Washington, Turkey, and Middle East

384. Lebanon: Between Hong Kong And Hanoi

Author:
Yossi Baidatz
Publication Date:
03-2001
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
In recent weeks, a simmering debate between the two major power centers in domestic Lebanese politics has spilled into public view. This debate pits newly installed Prime Minister Rafiq Hariri, who represents those who want Lebanon to take advantage of Israel's withdrawal from southern Lebanon to focus on internal stability, economic reconstruction and securing foreign investment, against Hizballah leader Shaykh Hassan Nasrallah, who — with the support of Syria and Iran — champions maintaining Lebanon's role on the front line of the ongoing revolutionary resistance against Israel. This tension was described in the Lebanese newspaper an-Nahar as the choice between "Hanoi" (Nasrallah) and "Hong Kong" (Hariri). As with most Middle East crises, the development of this delicate and flammable dispute carries both risks and opportunities for Lebanon and other players on the Middle East scene.
Topic:
International Relations, Security, Foreign Policy, Economics, International Political Economy, Politics, and Terrorism
Political Geography:
United States, Europe, Iran, Middle East, Israel, Syria, and Hong Kong

385. Permanent Alliance? NATO's Prague Summit and Beyond

Author:
C. Richard Nelson, Chas W. Freeman Jr., Wesley K. Clark, Max Cleland, Gordon Smith, and Robert L. Hutchings
Publication Date:
05-2001
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
With U.S. leadership, the Alliance has undertaken an impressive transformation over the past decade: from the July 1990 London Summit, which heralded a “Europe whole and free,” to the April 1999 Washington Summit, which welcomed three former Warsaw Pact members as new allies, even as NATO forces were engaged in combat for the first time. But the Alliance has not yet realized its full potential as an institution embracing all democratic nations of Europe dedicated to collective defense and embodying the interests and values of the transatlantic community. Moreover, the allies still confront important challenges to their shared goal of bringing lasting security to the European continent as a whole, as well as to the overall vitality of the transatlantic relationship.
Topic:
Security, NATO, and Economics
Political Geography:
United States, Europe, and London

386. Changing Terms of Trade: Managing the New Transatlantic Economy

Author:
David L. Aaron and Donald L. Guertin
Publication Date:
04-2001
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
The economic relationship between the United States and the European Union (EU) is in the midst of a significant transition. In the past, the dominant element of that relationship was trade. This was only natural, given their large share of the global trading system: the United States generates 19 percent of world trade, and the European Union 20 percent. Moreover, the United States is the EU's largest trading partner, while the EU is the single largest importer into the United States and the second largest market for U.S. exports. But in recent years, several new elements have become more prominent in the transatlantic economic relationship, bringing with them both challenges and opportunities.
Topic:
Economics and International Trade and Finance
Political Geography:
United States and Europe

387. International: Techno-Stock Troubles

Author:
Oxford Analytica
Publication Date:
06-2000
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
The current bubble in 'technology stocks' has led to official concern about over-enthusiasm by investors and the banking consequences of a sudden price collapse. The first signs of the long awaited shift emerged last week, as investors shifted from fashionable technology, media and telecoms (TMT) stock back into traditional 'old economy' blue chips. Capital flooding in from Europe and Japan to the United States has been attracted to booming markets led mostly by these stocks. The rest of the market (misleadingly known as the 'old economy') has risen comparatively little.
Topic:
Economics, International Trade and Finance, and Science and Technology
Political Geography:
United States, Japan, and Europe

388. Gas For Oil Markets

Author:
Koji Morita
Publication Date:
02-2000
Content Type:
Policy Brief
Institution:
Chatham House
Abstract:
Public projections by the International Energy Agency, the US Energy Information Administration and the European Commission suggest that, with present policies, world consumption of gas will roughly double by 2020, taking about 5% of the primary energy market from other fuels. About half this gain will be at the expense of more carbon-intensive fossil fuels, mainly coal, but the other half will replace carbon-free nuclear energy. The net effect on the growth of greenhouse gas emissions will therefore be small. For comparison, gas consumption increased in the past 20 years by almost 80%, at the expense of other fossil fuels. Half the increased gas demand is projected for developing countries, compared with 45% of the increase over the past 20 years and their present share of about a quarter of total world gas consumption.
Topic:
Economics, Emerging Markets, Energy Policy, and Environment
Political Geography:
United States and Europe

389. Economic Survey of the Netherlands, 2000

Publication Date:
12-1999
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
In its sixth year of expansion, the Dutch economy has continued to perform well, with strong real GDP growth and job creation. But some tensions have appeared, and inflation is close to the upper limit of price stability as defined by the European Central Bank. The outlook is broadly favourable as GDP growth is expected to slow only moderately: this would provide a welcome cooling-off of the economy. However, fiscal policy needs to remain particularly vigilant concerning the risk of overheating, and stand ready to tighten promptly, within the budgetary framework, if so needed. A major challenge facing the authorities is to deal with the important unfinished agenda in the structural area through speeding up the process of structural reform. The announced income tax reform is particularly necessary, not only to improve fiscal efficiency and equity, but also to redress incentives to work. This would enhance labour market policies aimed at increasing the outflow from social security schemes, and would boost the active labour force and potential output. Other necessary actions include reforming the health care system and introducing more market forces in public transport and some other former public utilities. Taking advantage of the favourable conjunctural situation, the authorities should move ahead forcefully along all these lines, thereby contributing to the continuation of strong job creation in an environment of sustainable economic growth.
Topic:
Economics
Political Geography:
Europe and Netherlands

390. EMU One Year On

Publication Date:
12-1999
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
The euro came into being under mixed auspices. On the one hand, convergence efforts in the run-up to monetary union, particularly in the fiscal area, had helped bring inflation and interest rates down to historically low levels. On the other hand, growth, which had only just started to recover in earnest after several disappointing years, was slowing down in the wake of a series of emerging market crises. The macroeconomic policy mix prevailing in 1999 combined monetary easing and modest fiscal consolidation. It contributed to sustain domestic demand, limiting the extent of the deceleration. With a brightening external environment, growth picked up vigorously in the second half of the year. In hindsight, the new regime's début is commendable, especially when recalling the gloomy predictions of some sceptics and taking into account that this first year has been a period of learning-by-doing for all agents. Major challenges lie ahead, however, both as regards long-run fiscal sustainability in the face of population ageing and as regards market structures. The policy tradeoffs facing European policymakers are harsher in some important ways than those confronting their counterparts across the Atlantic, because of deeply ingrained labour and product market rigidities. Those are being addressed in various ways, and tangible progress is being made. Nonetheless, reform efforts should be stepped up to raise economic performance significantly above the record of the 1990s.
Topic:
Economics
Political Geography:
Europe