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  • Author: Joseph E. Gagnon, Christopher G. Collins
  • Publication Date: 11-2019
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: Central banks in the three largest advanced economies (the United States, Japan, and the eurozone) have only limited ammunition to fight a recession based on the tools used to date. The Federal Reserve has the most amount of tried and tested ammunition in this group. If a recession were to hit the US economy now, the Fed would be able to deliver monetary stimulus equivalent to a cut in the short-term policy interest rate of about 5 percentage points, which is sufficient to fight a mild but not severe recession. The European Central Bank and the Bank of Japan have little ability to ease policy with tools used to date, about the equivalent of a 1 percentage point cut in the policy rate. But they can engage in more exotic forms of monetary policy, such as large-scale purchases of equity and real estate and direct transfers to households, which the Fed cannot do. These tools, however, are largely untested and face political resistance. An important implication of this analysis is that raising expected inflation before a recession hits has a much larger benefit than has been widely recognized. A higher long-run inflation rate gives central banks more room to not only cut their policy rates but also use forward guidance and quantitative easing to reduce longer-term rates.
  • Topic: Global Recession, Economy, Central Bank
  • Political Geography: Japan, Europe, North America, United States of America
  • Author: Jacob Funk Kirkegaard
  • Publication Date: 09-2019
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: For years China has been one of the world’s most rapidly growing sources of outward foreign direct investment. Since peaking in 2016, however, Chinese outward investments, primarily to the United States but also the European Union, have declined dramatically, especially in response to changes in China’s domestic rules on capital outflows and in the face of rising nationalism in the United States. Concerns about growing Chinese influence in other economies, the ascendant role of an authoritarian government in Beijing, and the possible security implications of Chinese dominance in the high-technology sector have put Chinese outward investments under intense international scrutiny. This Policy Brief analyzes the most recent trends in Chinese investments in the United States and the European Union and reviews recent political and regulatory changes both have adopted toward Chinese inward investments. It also explores the emerging transatlantic difference in the regulatory response to the Chinese information technology firm Huawei. Concerned about national security and as part of the ongoing broader trade friction with China, the United States has cracked down far harder on the company than the European Union.
  • Topic: Economics, International Trade and Finance, National Security, Foreign Direct Investment, Investment
  • Political Geography: China, Europe, Asia, North America, United States of America
  • Author: Jeromin Zettelmeyer
  • Publication Date: 03-2019
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: ermany’s new National Industrial Strategy 2030, unveiled by Economy Minister Peter Altmaier in February 2019, advocates an aggressive industrial policy. Although it stays clear of the virulent economic nationalism of the 1930s and the protectionism of President Donald Trump, its tone and much of its content are unmistakably nationalist. Zettelmeyer concludes that three of Altmaier’s five proposals—attempting to further raise the German share of manufacturing, restricting non-EU imports of intermediate goods, and promoting national champions in Germany and the European Union—are bad policies. The two remaining ideas—preventing some foreign takeovers and ramping up state support for certain technologies—are somewhat easier to justify, based on either market failures or the risk of technological dependence on foreign companies susceptible to political interference. But even in these areas, the specific policies proposed may well do more harm than good.
  • Topic: Economics, Nationalism, European Union, Donald Trump
  • Political Geography: Europe, Germany
  • Author: Davin O'Regan
  • Publication Date: 09-2019
  • Content Type: Policy Brief
  • Institution: United States Institute of Peace
  • Abstract: Focusing on transparency and anti-corruption issues, this report discusses the findings from a series of participatory workshops and more than seventy interviews with social movement actors and organizations in Kenya, Nigeria, and Ukraine. It looks at the different ways social movement actors in these countries were influenced by foreign financial support and training, including in terms of the goals they set, the tactics and activities they pursue, and whether receiving foreign support compromises their legitimacy with their domestic constituents.
  • Topic: Corruption, Social Movement, Accountability, Transparency
  • Political Geography: Kenya, Africa, Europe, Ukraine, Nigeria
  • Author: Lisa Denney
  • Publication Date: 12-2019
  • Content Type: Policy Brief
  • Institution: Geneva Centre for Security Sector Governance (DCAF)
  • Abstract: This Tool is part of the DCAF, OSCE/ODIHR, UN Women Gender and Security Toolkit, which comprises nine Tools and a series of Policy Briefs. Within police services, this Tool is aimed at the policy rather than the operational level, with relevance for senior police, gender units and those interested in improving police effectiveness through integrating a gender perspective. While police services are a key audience for this Tool, it is intended for a wide readership – including parliaments, government departments with policing responsibilities, civil society organizations, development partners, international police assistance providers and researchers working to improve policing and gender equality. Police reform is not solely the work of police services, but of a wider set of actors who support and influence the police and their operating environment. This Tool sets out a range of options for integrating a gender perspective and advancing gender equality in and through policing, drawing on experience from multiple contexts. While it provides guidance in terms of examples and checklists which borrow from good practices in different contexts, what is relevant will differ across time and place and require adaptation. For that reason, the Tool also sets out conditions that are important in achieving progress. The Tool includes: why a gender perspective is important for policing; what policing that advances gender equality and integrates a gender perspective looks like; how policing can advance gender equality and integrate a gender perspective; case studies that draw out learning from specific contexts; suggestions for assessing a police service’s integration of gender; other useful resources.
  • Topic: Security, Gender Issues, Governance, Law Enforcement, Women, Criminal Justice
  • Political Geography: Geneva, Europe, United Nations, Switzerland, Global Focus
  • Author: Franziska Praxl-Tabuchi
  • Publication Date: 04-2019
  • Content Type: Policy Brief
  • Institution: Fourth Freedom Forum
  • Abstract: History offers plenty of examples of female involvement in political violence, but a certain fascination and disbelief continue to surround female violent extremists because women are often still viewed as homemakers and mothers, surprising society by the number of young girls and women joining the Islamic State of Iraq and the Levant. This policy brief explores the drivers of radicalization to and engagement in violent extremism and the factors of disengagement and desistance among women and girls by examining cases of individuals that went through the United Kingdom’s Channel program. Channel cases were chosen for this analysis because it is one of the longest running (since 2007) and most documented early intervention programs developed specifically to prevent engagement with terrorism and violent extremism. It aims to enhance understanding of gender-sensitive interventions that address the specific needs of women and girls. Recommendations include the focus on mechanisms for women and men to claim their rights and have their grievances heard while ensuring accountability mechanisms are in place and the need to more effectively combine online and offline preventing and countering violent extremism actions.
  • Topic: Gender Issues, Terrorism, Violent Extremism, Counter-terrorism, Women, Radicalization, Internet, Islamic State
  • Political Geography: United Kingdom, Europe, Middle East
  • Author: Christina Nemr, Sara Savage
  • Publication Date: 02-2019
  • Content Type: Policy Brief
  • Institution: Fourth Freedom Forum
  • Abstract: Structural factors that can fuel support for violent extremism, like corrupt governance and inequality, are often intertwined with individual-level vulnerability factors, such as a search for identity or a need for quick answers to issues of injustice. Under these circumstances, individuals can be drawn to black-and-white answers that seem to offer simplicity, clarity, and certainty. Unfortunately, a hallmark of violent extremist ideologies is this binary thinking, stripped of complexity and with an identifiable in-group/out-group dynamic that offers a sense of community and belonging to help people make sense of the world. As policymakers and practitioners work to address the larger structural factors fueling violent extremism, psychological interventions may help address the binary construct of thinking that can make violent extremist ideologies sound appealing at the individual level. This policy brief explore the concept of integrative complexity - an empirical, peer-reviewed, and cross-culturally validated measure of the complexity of thinking - and the ways it can be applied in contexts of violent extremism and other instances of intergroup conflict.
  • Topic: Violent Extremism, Counter-terrorism, Inequality, Psychology, Social Justice, Trauma
  • Political Geography: Pakistan, Kenya, Africa, Europe, Middle East, Asia, Sweden, Scotland, Bosnia and Herzegovina
  • Author: Miroslav Tuma
  • Publication Date: 01-2019
  • Content Type: Policy Brief
  • Institution: Institute of International Relations Prague
  • Abstract: Will the U.S. unilateral withdrawal from the American-Soviet INF Treaty of 1987 become a possible reality? The Treaty prohibits ground-launched shorter and the middle-range missiles (500–5,500 kms) with nuclear or conventional warheads. The Treaty´s security significance and its main parameters, the legal framework of the withdrawal and the reasons of both parties for accusing each other of violating the Treaty, are discussed in the article as well. In its conclusion, the article, among other things, explains the context of the possible termination of the Treaty, and its consequences for the U.S.-Russia arms-control architecture. Motto: “ A nuclear war cannot be won and must never be fought.” (A joint statement of the American president Ronald Reagan and the Soviet highest representative Mikhail Gorbachev from their first meeting in Geneva in January 1985)
  • Topic: International Relations, Nuclear Weapons, Treaties and Agreements
  • Political Geography: Russia, Europe, United States of America
  • Author: Tamás Lattmann
  • Publication Date: 11-2019
  • Content Type: Policy Brief
  • Institution: Institute of International Relations Prague
  • Abstract: The rule of law holds great importance to the EU, as it also should to its member states and improving its protection has become a focus of new legislative efforts. Will this proposed regulation be useful and effective tool added to EU’s legislation or will it do the opposite and hurt the member state governments? The author focuses on already existing procedures and their deficiencies and compares them to the current proposal while also shedding light on the background of the new legislation. The reflection addresses some of the questions that may be raised related to EU law, member state sovereignty and its possible effects. The regulation still has a long way to go to become a law and in or order for that to happen it needs to be accepted by the Council. The author lists potential scenarios that could occur in the process of the law’s adoption and explains the legislative procedures.
  • Topic: Rule of Law, Tax Systems, European Parliament
  • Political Geography: Europe
  • Author: Rudolf Furst
  • Publication Date: 05-2019
  • Content Type: Policy Brief
  • Institution: Institute of International Relations Prague
  • Abstract: The sub-regional multilateral format of China and 16 post-communist states (16+1) proved that it could last seven years and that it has the potential to absorb new members. Consequently, the European Union is increasingly concerned about its potentially divisive effects on the EU’s unity. The expected economic benefits of 16+1 for the European partners have been scarcely relevant; still, the European states exploit the 16+1 format for strengthening their bilateral agendas with China. Amidst the trade war with China, the US regards China’s rising influence in Central Europe as a political issue. Beijing’s priority in Europe is to calm down the tension with the EU, Germany, and France over the 16+1 platform. However, the accession of Greece to the enlarged format of 17+1 in the recent 16+1 summit in Dubrovnik and the gaining of support for the Belt and Road Initiative in Italy enable China to establish its foothold on the European South’s doorstep in connection with the 17+1 regional platform.
  • Topic: Regional Cooperation, European Union, Economy, Multilateralism
  • Political Geography: China, Europe, Asia, France, Germany