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Begin New Search Political Geography China Content Type Policy Brief

511. A Competitive Two-speed Policy: The Eastern Partnership beyond 2013

Author:
Kinga Dudzinska, Elzbieta Kaca, and Karolina Zubel
Publication Date:
10-2013
Content Type:
Policy Brief
Institution:
The Polish Institute of International Affairs
Abstract:
A redefinition of the Eastern Partnership beyond 2013 is urgently needed in order to make the EU a more competitive player vis-à-vis Russia and China in the region. Eastern partners which choose deeper economic integration with the EU must therefore be supported by enhanced cooperation, which would require further differentiation in approaches towards neighbours. It should also be supported by certain horizontal policies, strengthening the EU's multilateral cooperation and the fledgling European Union diplomacy in this region, assisted by better targeting policies at EaP societies.
Topic:
Economics, Regional Cooperation, and Monetary Policy
Political Geography:
China and Europe

512. Stabilizing Properties of Flexible Exchange Rates: Evidence from the Global Financial Crisis

Author:
Joseph E. Gagnon
Publication Date:
11-2013
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
There is a long-standing debate among economists and policymakers on the benefits of flexible versus fixed exchange rates (Klein and Shambaugh 2010). In principle, flexible exchange rates allow a country's central bank to focus on stabilizing economic growth and inflation, which are the ultimate goals of monetary policy. However, some argue that in practice central banks often do not use their powers wisely and it may be better to restrict their freedom by requiring them to peg their currency to that of an important trading partner. Others note that flexible exchange rates are far more volatile than fundamental factors can explain (Flood and Rose 1995), raising the possibility that they may introduce wasteful cross-sectoral fluctuations in economic activity. One common viewpoint is that flexible exchange rates may be fine for large countries but that the smallest countries are better off with fixed exchange rates (Åslund 2010).
Topic:
Economics, Foreign Exchange, International Trade and Finance, Markets, and Financial Crisis
Political Geography:
United States, Japan, China, and United Kingdom

513. Go out and manufacture: Policy support for Chinese FDI in Africa

Author:
Nikia Clarke
Publication Date:
11-2013
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
Energy investments and infrastructure contracts remain prominent in China's Africa engagement. However, investment in manufacturing makes up a significant proportion of Chinese outward foreign direct investment (FDI). Its characteristics–large numbers of smaller transactions by privately owned small and medium-sized firms–make these flows difficult to assess or control. However, China and African governments have an interest in effectively channeling this type of FDI.
Topic:
Development, Economics, Industrial Policy, International Trade and Finance, Markets, and Foreign Direct Investment
Political Geography:
Africa and China

514. Three challenges for China's outward FDI policy

Author:
Karl P. Sauvant
Publication Date:
10-2013
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
Since China adopted its "going out" policy in 2001, her outward foreign direct investment (OFDI) flows have grown rapidly, reaching US$84 billion in 2012 (although the stock remains small). That year, China was the world's third largest outward investor (after the US and Japan). This performance raises all sorts of issues, especially because state-owned enterprises (SOEs) control some three-quarters of the country's OFDI stock. Three challenges are addressed in this Perspective.
Topic:
Development, Economics, Emerging Markets, and Foreign Direct Investment
Political Geography:
United States, Japan, and China

515. Making the Case: North Korea's Nuclear and Missile Efforts

Author:
Mieke Eoyang and Aki Peritz
Publication Date:
03-2013
Content Type:
Policy Brief
Institution:
Third Way
Abstract:
The U.S. is currently leading the effort to halt North Korea's nuclear weapons program and protect our allies in the Asia-Pacific region. Here is how to discuss this important issue: North Korea's missile and nuclear programs threaten our interests and our allies. We will defend our friends—and ourselves—starting with our planned deployment of more missile interceptors in Alaska. The U.S. has been making progress toward convincing the international community to crack down on Pyongyang even further. Given the threat, we must maintain a robust military presence in Asia to maintain the peace in the Asia-Pacific region. We must work with China—North Korea's only ally—to achieve a lasting end to Pyongyang's continuing nuclear intransigence.
Topic:
Security, Defense Policy, and Nuclear Weapons
Political Geography:
China, Asia, and North Korea

516. Does Beijing Have a Strategy? China's Alternative Futures

Author:
Banning Garrett and Robert A. Manning
Publication Date:
03-2013
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
As China's National Party Congress gathered in early March to anoint Xi Jinping and the next generation of Chinese leaders, Beijing's behavior at home and abroad strongly suggested that, while they have strategic goals, they have no strategy for how to achieve them. Beijing seems unable to change course from following a development model it has outgrown and pursuing assertive, zero-sum foreign policies that are counter to its long-term interests.
Topic:
International Relations, Foreign Policy, Corruption, Governance, and Reform
Political Geography:
China and Asia

517. The Senkaku Islands and the U.S.-Japan Alliance: Future Implications for the Asia-Pacific

Author:
Tetsuo Kotani
Publication Date:
03-2013
Content Type:
Policy Brief
Institution:
Project 2049 Institute
Abstract:
By challenging Japan’s control of the Senkaku Islands, China is testing the resolve of Tokyo and the strategic position of Washington. In other words, China is testing the credibility of the U.S.-Japan alliance. Casual observers tend to overlook or underestimate the confront-ation that ensued between Tokyo and Beijing after the Japanese government formally purchased three Senkaku islets in September 2012.
Topic:
Bilateral Relations, Territorial Disputes, and Alliance
Political Geography:
Japan, China, Asia, and United States of America

518. North Korea, Ballistic Missile Defence and Canada-US Defence Cooperation

Author:
Frank Harvey
Publication Date:
07-2013
Content Type:
Policy Brief
Institution:
Canadian Global Affairs Institute (CGAI)
Abstract:
In December 2012, North Korea launched the Unha-3 rocket – a three-stage, intercontinental ballistic missile with an estimated range of 10,000 kilometres. When combined with North Korea’s latest underground nuclear test in January, these moves represent a concerted effort by the regime to develop and deploy an offensive nuclear capability. When acquired, a nuclear tipped intercontinental ballistic missile will provide Pyongyang with a credible deterrent that will seriously diminish our coercive leverage in subsequent military security crises involving North and South Korea. The imperative on the part of the international community to move forward with research, development and deployment of ballistic missile defences (BMD) is becoming more pressing each year. In November 2010, 28 NATO members signed NATO’s new Strategic Concept. The most relevant part of the alliance’s new strategy is the commitment by all NATO members to: “Develop the capability to defend our populations and territories against ballistic missile attack as a core element of our collective defence.” As a NATO member, Canada now officially endorses the logic, strategic utility and security benefits of ballistic missile defence, but, apparently, only in terms of protecting European and American territory and populations. The most perplexing aspect of Canada’s policy is the ongoing refusal to engage in bilateral discussions with our most important NATO ally to negotiate BMD architecture to protect Canadian territory and populations. Canadian officials have the luxury to sit back and let allies protect our territory, but this is a foreign policy strategy that has reached the point of taking free-riding to a new and somewhat disturbing level.
Topic:
Foreign Policy, Defense Policy, International Cooperation, Missile Defense, and Ballistic Missile
Political Geography:
China, Canada, Asia, North Korea, and United States of America

519. Consumption boosts China's resilience but risks of a property bust still loom

Publication Date:
01-2012
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
With the outlook for exports subdued and investment weak, we expect industrial output growth to slow further in 2012H1. But consumption is taking up the slack and fiscal policy is set to be supportive. As a result, we only expect a relatively modest slowing in growth in 2012 to 8.4% from 9.2% in 2011. But with house prices still falling in December, we remain concerned about the risk of a sharp slowing in the property market leading to strains on local government finances and a hard landing for growth, particularly with the external environment weak. However, central government finances are strong and fiscal transfers could provide a significant cushion in the event of a property bust.
Topic:
Communism, Economics, Government, International Trade and Finance, and Global Recession
Political Geography:
China and Israel

520. Cooperating with China in Africa

Publication Date:
02-2012
Content Type:
Policy Brief
Institution:
Danish Institute for International Studies (DIIS)
Abstract:
OECD donors, international organisations and non-governmental organisations are increasingly cooperating with China in Africa. This policy brief offers recommendations for policy-makers on how to lay the groundwork for such cooperation. It also stresses that the involvement of African partners is critical in fully realizing the benefits such cooperation can provide for sustainable development.
Topic:
Foreign Policy, Development, Diplomacy, Economics, Foreign Aid, and Foreign Direct Investment
Political Geography:
Africa and China