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  • Publication Date: 01-2016
  • Content Type: Working Paper
  • Institution: Centre for International Governance Innovation
  • Abstract: This special report is prepared for the North American Forum (NAF). In 2015, CIGI’s Global Security & Politics Program became the Secretariat for the Canadian leadership within the NAF. CIGI will be undertaking a program of research to support the Canadian contribution to the NAF in cooperation with our American and Mexican partners. In the coming months, CIGI will publish additional reports to support the work of the NAF. Since the 1994 North American Free Trade Agreement, trade, investment and migration flows among Canada, Mexico and the United States have helped turn North America into one of the most dynamic and prosperous trade blocs on the planet. With a new government in Ottawa, it is an ideal time for Canada to make a stronger, deeper relationship with Mexico a crucial plank of a plan to secure a prosperous future for North America. Better relations between Mexico and Canada not only means more opportunities to take advantage of the two countries’ economic and social complementarities, it also gives the two countries the opportunity to closely work together to get the United States on board with an ambitious North American agenda to secure the continent’s economic future.
  • Topic: Security, Economics, International Trade and Finance, Politics, Regional Cooperation
  • Political Geography: United States
  • Author: Saul P. Limaye, Tsutomu Kikuchi
  • Publication Date: 01-2016
  • Content Type: Working Paper
  • Institution: East-West Center
  • Abstract: Until recently, Southeast Asia had not been a region of sustained focus for the US-Japan relationship. But the situation is changing. The international relations of the Asia-Pacific is becoming more "multipolarized." This requires the US and Japan to think about the future of the region beyond the issue of US-China relations, which has preoccupied past discussions. A number of nations and institutions in the Asia-Pacific region will substantially affect the region's future. Southeast Asian nations and the Association of Southeast Asian Nations (ASEAN) are among them. A new era of more coordinated, sustained, and combined commercial and security involvement by the US and Japan in Southeast Asia may be at hand. In light of these changes, the East-West Center in Washington (EWCW), in collaboration with the Japan Institute of International Affairs (JIIA), and through the support of the Sasakawa Peace Foundation (SPF), initiated a dialogue with Southeast Asians about their perspectives on how the US-Japan relationship and alliance could or should approach cooperation with the region.
  • Topic: Security, Economics, Markets, Peacekeeping
  • Political Geography: United States, Japan, China, Asia-Pacific
  • Author: Ming Zhang
  • Publication Date: 03-2015
  • Content Type: Working Paper
  • Institution: Centre for International Governance Innovation
  • Abstract: Due to the 2008-2009 global financial crisis, the Chinese government began to promote renminbi (RMB) internationalization in order to raise its international status, decrease reliance on the US dollar (USD) and advance domestic structural reform. RMB internationalization has achieved progress not only in cross-border trade settlement, but also in the offshore RMB markets. However, the rampant cross-border arbitrage and the relatively slow development of RMB invoicing compared to RMB settlement are becoming increasingly problematic. RMB internationalization has exerted significant influence on not only the Chinese economy but also other emerging market economies. RMB internationalization complicates domestic monetary policy, exacerbates the currency mismatch on China's international balance sheet and increases both the scale and volatility of short-term capital flows. It offers emerging economies another alternative for pricing domestic currency and investing foreign exchange reserves. Its overall impact on the international monetary system's stability will depend on how the capital account is liberalized and the consistency and transparency of Chinese monetary policy. This paper concludes with five recommendations for Chinese policy makers to promote RMB internationalization in a sustainable way that is conducive to international stability.
  • Topic: Development, Economics, Government
  • Political Geography: United States, China
  • Author: Samah Rahman, Shashanth Shetty
  • Publication Date: 07-2015
  • Content Type: Working Paper
  • Institution: Centre for International Governance Innovation
  • Abstract: Canada is lagging behind in research and development (R&D) commercialization, ranking fifteenth in the World Economic Forum’s 2015 Global Competitiveness Report. One of the most important contributing factors to the gap between R&D and competitiveness is that new entrepreneurs lack the monetary and informational resources to access intellectual property (IP) legal expertise. The authors of this brief argue that the Canadian government’s strategies have been ineffective, and its current policy initiatives have failed to consider the importance of disseminating IP legal knowledge directly to innovators. It is recommended that the government look to the models used by the United States and South Korea to mobilize IP legal knowledge within the entrepreneurial community. This can be achieved by establishing a national IP legal clinic at the university level — as well as increasing funding for existing programs and creating a virtual clinic — and including an IP rights application course in select university programs, targeting innovators who will require IP legal advice in the future.
  • Topic: Economics, Intellectual Property/Copyright
  • Political Geography: United States, Canada, South Korea
  • Author: Emily Isaac
  • Publication Date: 03-2015
  • Content Type: Working Paper
  • Institution: Berkeley Roundtable on the International Economy
  • Abstract: In the past five years, San Francisco has become home to dozens of new online and mobile “service networking” companies that claim to be “revolutionizing” the way work gets done. Making up what has come to be known as the “platform economy,” these technology companies provide the platforms for online and mobile marketplaces in which users can buy and sell their goods and services. Together, these “platform economy” companies make up a concentrated innovative cluster in the San Francisco Bay Area, and, more specifically, San Francisco proper. One of the sharing economy’s pioneers and largest success stories, TaskRabbit Inc. allows users to outsource small jobs and tasks to local contractors—or, in company lingo, neighborhood “Taskers.” Launched out of Boston in 2008, TaskRabbit is just one of many tech startups that have left Boston for the San Francisco Bay Area. Since relocating to San Francisco, the company has received $37.5 million in venture funding, is available in 20 cities, and reportedly has 1.25 million users and over 25,000 Taskers. Indeed, TaskRabbit exemplifies the immeasurable benefits of strategically locating a firm in an industry cluster.
  • Topic: Economics, International Trade and Finance, Science and Technology, Communications, Labor Issues
  • Political Geography: United States
  • Author: Robert Z. Lawrence
  • Publication Date: 06-2015
  • Content Type: Working Paper
  • Institution: Peterson Institute for International Economics
  • Abstract: Over the past decade, the US economy has been plagued by sluggish wage growth and rising income inequality. The debate over inequality in the 1980s and 1990s focused on the growing disparity between the earnings of skilled and unskilled workers and the earnings of the super-rich. Growing inequality between capital and labor income has now been added to these concerns. Remarkably, the growth in real GDP per worker over the decade of the 2000s, which averaged 1.7 percent annually, was actually more rapid than in the 1970s, 1980s, or 1990s, yet in the 2000s workers saw almost no increase in their take-home pay. Consistent with this gap between labor productivity and wage growth was a pronounced decline in the share of US national income earned by workers. As labor's share has declined, the share of capital has risen and has been especially concentrated in corporate profits. As profits are far less equally distributed than wages, this increase has contributed to rising income inequality. There are several plausible reasons for this development—globalization, automation, weak bargaining power of labor, political capture, higher markups—but the natural starting point for explaining factor income shares is the neoclassical theory of the functional distribution of income enumerated by John Hicks and Joan Robinson in the 1930s. In this framework there are two possible explanations for labor's recent declining share. The first is that capital and labor are gross substitutes, and the second is that capital and labor are gross complements. Several papers have explained the recent decline in labor's share in income by claiming that capital has been substituted for labor. Lawrence puts forward the alternative "gross complements" explanation for the declining US labor share. He shows that despite a rise in measured capital-labor ratios, labor-augmenting technical change in the United States has been sufficiently rapid that effective capital-labor ratios have actually fallen in the sectors and industries that account for the largest portion of the declining labor share in income since 1980. In combination with estimates that corroborate the consensus in the literature that the elasticity of substitution is less than 1, these declines in the effective capital-labor ratio can account for much of the recent fall in labor's share in US income at both the aggregate and industry level. Paradoxically, these results also suggest that increased capital formation, ideally achieved through a progressive consumption tax, would raise labor's share in income.
  • Topic: Economics, Globalization, Markets, Labor Issues
  • Political Geography: United States
  • Author: Phillip Carter, Katherine Kidder
  • Publication Date: 01-2015
  • Content Type: Working Paper
  • Institution: Center for a New American Security
  • Abstract: Military, Veterans, and Society Program Director Phillip Carter and Research Associate Katherine Kidder examine the growth of military compensation in the post-Cold War era, from 1990 to 2015, as well as the social contract America has with its All-Volunteer Force, and the ways in which monetary compensation should be considered as part of a broader talent management strategy for the armed forces. The policy brief presents an opportunity for the nation to assess its social contract with the All-Volunteer Force and adjust (if necessary) to meet the national interest and sustain its most critical national security asset.
  • Topic: Security, Economics, Labor Issues, Military Affairs
  • Political Geography: United States
  • Author: Jose J. Villamil
  • Publication Date: 01-2014
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: Puerto Rico's economic situation circa 1950 was vastly different than today's. In the 1940s through the first half of the 60s, the island experienced a sustained boom, with annual growth rates on the order of 7 percent; the island was hailed as a model for developing countries. It instituted major reforms in government, economic and social programs, and the health sector. Puerto Rico, in coordination with the U.S. federal government, hosted thousands of observers from around the world who came to Puerto Rico to learn about its successful development model.
  • Topic: Crime, Economics, Narcotics Trafficking, Financial Crisis
  • Political Geography: United States
  • Author: Roger Ballentine, Andy Karsner
  • Publication Date: 03-2014
  • Content Type: Working Paper
  • Institution: Aspen Institute
  • Abstract: We are still in the early stages of a transformation of the U.S. electricity sector into a cleaner, more flexible, more resilient, and more dynamic system. The early history of investment in and adoption of clean energy technologies and practices has been mixed. The venture capital model has proven to be inadequate for scaling up clean energy, and anticipated policy developments have been slow to be realized. The sector-reshaping impact of unconventional gas, uneven capitalization of clean energy companies, and the mixed signals of government policymakers have slowed the march to a more distributed energy economy rooted in the greater use of renewables, the more efficient use of energy, and the optimization of information technologies in the energy sector.
  • Topic: Climate Change, Economics, Energy Policy, Industrial Policy, Markets, Science and Technology
  • Political Geography: United States
  • Author: Joshua Meltzer
  • Publication Date: 02-2014
  • Content Type: Working Paper
  • Institution: The Brookings Institution
  • Abstract: This paper is about the potential of the Internet as a platform for international trade. A traditional understanding of the impact of the Internet on commerce is derived from the dot.com experience of the 1990s, where Internet companies such as Pets.com and Amazon sold goods online. Since then, the impact of the Internet on commerce has grown and changed. Certainly, the ability to sell goods online remains important. However, the key development is that the Internet is no longer only a digital storefront. Instead, the Internet as described in this working paper is a platform for businesses to sell to customers domestically and overseas, and is a business input that increases productivity and the ability of businesses to compete. Understanding the Internet as a platform for trade highlights its broad economic potential. It emphasizes how the commercial opportunities are no longer limited to Internet companies, but are now available for businesses in all sectors of the economy, from manufacturing to services. Moreover, the global nature of the Internet means that these opportunities are no longer limited to domestic markets, but are embraced wherever Internet access is available.
  • Topic: Economics, International Trade and Finance, Markets, Science and Technology, Communications
  • Political Geography: Africa, United States, Europe
  • Author: Carol Graham
  • Publication Date: 01-2014
  • Content Type: Working Paper
  • Institution: The Brookings Institution
  • Abstract: The United States has long been viewed as the "land of opportunity," where those who work hard get ahead. Belief in this feature of American national identity has persisted even though inequality has been rising for de¬cades. In recent years, the trend toward extremes of income and wealth has accelerated significantly, owing to demographic shifts, the skills bias of the economy and fiscal policy. From 1997 to 2007, the share of income accru¬ing to the top 1 percent of U.S. households increased by 13.5 percentage points, which is equivalent to shifting $1.1 trillion in total annual income to this group - more than the total income of the bottom 40 percent of households. The precise impact of inequality on individual well-being remains controversial, partly because of the complex nature of the metrics needed to gauge it accurately, but also because why it matters depends on what it signals. If inequality is perceived to be the result of just reward for individual effort, then it can be a constructive signal of future opportunities. However, if it is perceived to be the result of an unfair system that rewards a privileged few, inequality can undermine incentives to work hard and invest in the future. In this sense, current U.S. trends have been largely destructive. Economic mobility, for example, has declined in recent decades and is now lower than in many other industrialized countries. There is also a strong intergenerational income correlation (about 0.5) in the U.S.; children of parents who earn 50 percent more than the average are likely to earn 25 percent above the average of their generation. In a world in which individuals' fates are increasingly linked and effective gover¬nance depends on some kind of consensus on social and distributive justice norms, growing income differentials in one country - especially one that has long served as a beacon of economic opportunity - can affect behavior elsewhere, both in terms of investments in education and the labor market and the propensity to protest. More generally, declining economic mobility in the U.S. could undermine confidence in the principles of market econo¬mies and democratic governance that America has espoused for decades - principles that are fundamental to many countries' development strategies.
  • Topic: Economics, Poverty, Social Stratification, Labor Issues
  • Political Geography: United States, Germany
  • Author: James M. Boughton
  • Publication Date: 03-2014
  • Content Type: Working Paper
  • Institution: Centre for International Governance Innovation
  • Abstract: Canadians have long harboured a desire to "punch above their weight" in international diplomacy, an aspiration justified by Canada's position in the world both geographically and culturally. This paper examines one aspect of that effort: Canada's role in international financial governance, particularly within the International Monetary Fund. The key issue for the future is whether Canada will continue to have the capacity and the will to take leading positions and actions in the face of increasing competition from the rapidly growing emerging market countries.
  • Topic: Economics, Emerging Markets, International Trade and Finance, International Monetary Fund, Governance
  • Political Geography: United States, Canada
  • Author: Nona Mikhelidze
  • Publication Date: 02-2014
  • Content Type: Working Paper
  • Institution: Istituto Affari Internazionali
  • Abstract: The rapid succession of events in Ukraine is impressive but the story is far from over: the state faces an economic crisis and the risk of default; pro-Russian separatism in Crimea threatens the territorial integrity of the country. How should the new government deal with these old challenges and what role could be envisaged for the EU and the US to assist Ukraine in this difficult moment of its statehood? The main objective of the Ukrainian government should be to stand united to overcome the monumental economic, social and political crisis. The EU and the US should encourage coalition-building initiatives to achieve this end. As for the separatist claims, Kiev needs to be more proactive in accommodating minority rights, while the EU should boost people-to-people contacts and promote cooperation between western and eastern Ukrainian civil society. In order to encourage long-lasting political and social reforms, the EU should begin to talk about Ukraine's membership perspective. On the international level, the West should acknowledge that Russia is part of the problem, but also an indispensable part of the solution. Securing Ukraine's integration within the EU, but maintaining the neutrality of its security posture may be a possible way out.
  • Topic: Conflict Resolution, Political Violence, Economics, Sovereignty
  • Political Geography: United States, Ukraine
  • Author: Nora Lustig, Timothy Smeeding, Sean Higgins, Whitney Ruble
  • Publication Date: 03-2014
  • Content Type: Working Paper
  • Institution: Center for Global Development
  • Abstract: We perform the first comprehensive fiscal incidence analyses in Brazil and the US, including direct cash and food transfers, targeted housing and heating subsidies, public spending on education and health, and personal income, payroll, corporate income, property, and expenditure taxes. In both countries, primary spending is close to 40 percent of GDP. The US achieves higher redistribution through direct taxes and transfers, primarily due to underutilization of the personal income tax in Brazil and the fact that Brazil's highly progressive cash and food transfer programs are small while larger transfer programs are less progressive. However, when health and non-tertiary education spending are added to income using the government cost approach, the two countries achieve similar levels of redistribution. This result may be a reflection of better-off households in Brazil opting out of public services due to quality concerns rather than a result of government effort to make spending more equitable.
  • Topic: Economics, Political Economy, Monetary Policy, Food
  • Political Geography: United States, Brazil
  • Author: Michael Clemens
  • Publication Date: 03-2014
  • Content Type: Working Paper
  • Institution: Center for Global Development
  • Abstract: The most basic economic theory suggests that rising incomes in developing countries will deter emigration from those countries, an idea that captivates policymakers in international aid and trade diplomacy. A lengthy literature and recent data suggest something quite different: that over the course of a "mobility transition", emigration generally rises with economic development until countries reach upper-middle income, and only thereafter falls. This note quantifies the shape of the mobility transition in every decade since 1960. It then briefly surveys 45 years of research, which has yielded six classes of theory to explain the mobility transition and numerous tests of its existence and characteristics in both macro- and micro-level data. The note concludes by suggesting five questions that require further study.
  • Topic: Economics, Migration, Social Stratification, Social Movement, Developing World
  • Political Geography: United States, Canada, Mexico
  • Author: William Savedoff, Victoria Fan
  • Publication Date: 03-2014
  • Content Type: Working Paper
  • Institution: Center for Global Development
  • Abstract: Almost every country exhibits two important health financing trends: health spending per person rises and the share of out-of-pocket spending on health services declines. We describe these trends as a "health financing transition" to provide a conceptual framework for understanding health markets and public policy. Using data over 1995-2009 from 126 countries, we examine the various explanations for changes in health spending and its composition with regressions in levels and first differences. We estimate that the income elasticity of health spending is about 0.7, consistent with recent comparable studies. Our analysis also shows a significant trend in health spending - rising about 1 percent annually - which is associated with a combination of changing technology and medical practices, cost pressures and institutions that finance and manage healthcare. The out-of-pocket share of total health spending is not related to income, but is influenced by a country's capacity to raise general revenues. These results support the existence of a health financing transition and characterize how public policy influences these trends.
  • Topic: Development, Economics, Health, Governance
  • Political Geography: United States
  • Author: Clara Portela
  • Publication Date: 03-2014
  • Content Type: Working Paper
  • Institution: Centre for European Policy Studies
  • Abstract: This study analyses the use by the European Union of the novel concept of 'targeted sanctions' in the framework of its Common Foreign and Security Policy. It examines two sets of sanctions regimes featuring different degrees of efficacy: in Myanmar and Zimbabwe, the EU wielded measures in support of human rights and democracy objectives in the absence of a United Nations mandate, while it supplemented UN sanctions to stop nuclear proliferation in Iran and North Korea. The study highlights a number of facilitators of, or hindrances to, the efficacy of sanctions, such as the degree of support by regional powers or the presence of UN legitimation. It concludes that the EU sanctions regimes could be optimised by using more robust measures, designing them on the basis of ex ante assessments, enabling faster upgrades, monitoring their impact and adjusting them regularly and improving outreach efforts.
  • Topic: Foreign Policy, Diplomacy, Economics, Regional Cooperation, Sanctions
  • Political Geography: United States, Europe, United Nations, Zimbabwe
  • Author: Richard Downie, Jennifer G. Cooke
  • Publication Date: 02-2014
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: Africa's changing economic landscape is prompting a shift in how U.S. policymakers view the continent. High growth rates, new technologies, and a rapidly expanding consumer class are driving greater global competition for investment and access to potential export markets, and the United States is recognizing that it will need to step up its game to remain relevant and influential in an increasingly crowded and competitive environment. This will mean placing a stronger emphasis on strengthening trade and investment ties and encouraging U.S. companies to take fuller advantage of expanding opportunities. Playing up these opportunities will not only serve long-term U.S. commercial interests in Africa but will serve U.S. development and diplomatic objectives as well. U.S. investments, done right, can have long-term development impacts in Africa, through technology and knowledge transfer, training, systems development, and partnerships. And a new, more optimistic engagement with Africa's citizens and entrepreneurs will have strong resonance with the continent's up-and-coming generation, creating links based on enduring mutual interest.
  • Topic: Diplomacy, Economics, International Trade and Finance, Markets, Foreign Direct Investment
  • Political Geography: Africa, United States
  • Author: Daniel F. Runde, Scott Miller
  • Publication Date: 02-2014
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: The link between economic development and state security has been well established but is still too often overlooked. Former secretary of defense Robert Gates argued in support of development efforts as a form of “preventative diplomacy,” preventing the conditions where violent crises occur that may require more aggressive intervention. For example, rising food prices in Egypt have been cited as a major instigator for the protests that overthrew Hosni Mubarak. That does not mean that Mubarak could have stayed in power if only food were more affordable, but higher levels of economic development and the concurrent factors that encourage it could have made the transition more stable and less violent.
  • Topic: Development, Economics, International Cooperation, International Trade and Finance, Markets, Foreign Direct Investment
  • Political Geography: United States
  • Author: Judyth L. Twigg
  • Publication Date: 03-2014
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: Over the last few years, Russia's relationship with the United States has traveled a swift and seemingly deliberate arc from partner to pariah. The current turmoil in Ukraine and near-certain resulting isolation of Russia culminate several years' worth of deteriorating ties. The Edward Snowden mess, disagreements over Syria and Iran, dismay over the eroding human rights environment in Russia, and now Russian annexation of Crimea have led the previously heralded "reset" to an unceremonious end. What are the implications of these and related developments for U.S.-Russia collaboration in medicine and public health? Should avenues of partnership remain open, even in such a frosty political context? Should the international community support Russia's health sector when ample resources exist within Russia itself? Is it even possible anymore?
  • Topic: Development, Diplomacy, Economics, Health, Human Rights, Human Welfare, Bilateral Relations
  • Political Geography: Russia, United States, North America
  • Author: Rasika Gynedi
  • Publication Date: 04-2014
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: Asset quality in India's banks has deteriorated sharply and if not tackled promptly poses a systemic risk to the banking system—and by extension the Indian economy. A high proportion of nonperforming assets (NPAs) steadily erodes the capital base of a bank, impinging on the ability of banks to raise fresh capital and continue lending for investment activities. Indeed, the spillover impact from banking crises to the real economy is all too familiar, evinced by the subprime mortgage crisis in the United States. However, despite this risk, the issue is not garnering sufficient attention outside the banking industry.
  • Topic: Economics, International Trade and Finance
  • Political Geography: United States, South Asia, India
  • Author: Gerald F. Hyman
  • Publication Date: 04-2014
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: In his 2013 State of the Union speech, President Barack Obama announced that by the end of 2014 "our war in Afghanistan will be over" and, a month earlier, that "by the end of next year, 2014, the transition will be complete—Afghans will have full responsibility for their security, and this war will come to a responsible end." The military transition, successful or not, is in full swing. Of course the war will not come to an end in 2014, responsible or otherwise. Even if the military drawdown goes as planned, "America's commitment to a unified and sovereign Afghanistan will endure, but the nature of our commitment will change," the president said. On the military side, our enduring commitment will focus on training, equipping, and funding the Afghan National Security Forces (ANSF) and "some counterterrorism efforts that allow us to pursue remnants of al Qaeda and their affiliates," presumably the Taliban. As the United States draws down, so too will the remaining coalition countries of the International Security Assistance Force (ISAF) under North Atlantic Treaty Organization (NATO) command.
  • Topic: Security, Development, Economics, Governance
  • Political Geography: Afghanistan, United States, South Asia
  • Author: Bruce Jones, David Steven, Emily O'Brien
  • Publication Date: 04-2014
  • Content Type: Working Paper
  • Institution: Center on International Cooperation
  • Abstract: On December 16, 2013, Prince Turki bin Faisal Al Saud, Saudi Arabia's powerful former intelligence chief, gave an interview to the Wall Street Journal. He was speaking out after a turbulent four months in Middle East and Persian Gulf diplomacy, diplomacy that culminated in an interim nuclear deal between Iran and the major powers. Prince Turki, long a close friend to the United States, used the interview to blast American policy. He was critical of U.S. strategy in the region as a whole, but particularly vehement about leaving Saudi Arabia out of the loop as the United States engaged in secret bilateral diplomacy with Iran. "How can you build trust when you keep secrets from what are supposed to be your closest allies?" he fumed.
  • Topic: International Relations, Security, Economics, Energy Policy, International Trade and Finance, Oil
  • Political Geography: United States, Middle East, Asia
  • Author: Francesco Duina
  • Publication Date: 02-2014
  • Content Type: Working Paper
  • Institution: Research Center (SFB) 700
  • Abstract: While NAFTA itself does not contain any provisions for governance transfer, its two side agreements (NAALC, NAAEC) prescribe standards in the realm of human rights (labor, environment), the rule of law, and good governance and create a number of instruments for their (indirect) promotion. Through technical assistance, fora for dialogue and exchange, monitoring, and complaints procedures that can result in monetary sanctions, the side agreements aim at promoting the effective enforcement of national law rather than regional standards. These provisions reflect the same concerns in the United States and Canada that lead to the conclusion of the two side agreements in the first place: creating conditions for fair competition in light of Mexico's failure to effectively enforce national laws, resulting in de facto lower labor and environmental standards and thus lower costs compared to the northern neighbours. Beyond formal governance transfer, NAFTA has had an impact on domestic governance reforms in Mexico since the early 1990s as it was used as leverage in both international negotiations and Mexican domestic politics.
  • Topic: Economics, International Trade and Finance, Treaties and Agreements
  • Political Geography: United States, America, Canada, North America, Mexico
  • Author: David Schenker, Eric Trager
  • Publication Date: 03-2014
  • Content Type: Working Paper
  • Institution: The Washington Institute for Near East Policy
  • Abstract: Cairo's possible purchase of advanced weapons systems from Russia could become another irritant in U.S.-Egyptian relations.
  • Topic: Arms Control and Proliferation, Economics, Bilateral Relations
  • Political Geography: United States, Ukraine, Middle East, Egypt
  • Author: Simon Henderson, David Schenker
  • Publication Date: 03-2014
  • Content Type: Working Paper
  • Institution: The Washington Institute for Near East Policy
  • Abstract: A deal to buy Israeli natural gas can help mitigate the kingdom's energy shortage and steer Amman away from problematic nuclear plans, but it risks stirring domestic opposition. In February, two private Jordanian firms signed a contract with a private U.S.-Israeli consortium to import natural gas from Israel's giant Tamar field, located under the bed of the Mediterranean Sea fifty miles offshore from Haifa. The Arab Potash Company and the Jordan Bromine Company -- both partially owned by the Jordanian government -- will pay Houston-based Noble Energy and its partners $500 million over the course of fifteen years to supply a power plant at Jordanian industrial facilities by the Dead Sea. At just $33 million per year, the deal is not financially significant, but it may set a huge precedent in terms of fostering regional economic cooperation and establishing a framework for Jordanian energy security. The political challenges are significant, however, particularly following the March 10 shooting of a Jordanian man at an Israeli-controlled West Bank crossing point.
  • Topic: Economics, Treaties and Agreements, Bilateral Relations, Natural Resources
  • Political Geography: United States, Middle East, Arabia
  • Author: Steven Ditto
  • Publication Date: 04-2014
  • Content Type: Working Paper
  • Institution: The Washington Institute for Near East Policy
  • Abstract: The Islamic Republic has added to its nuclear negotiating team a law professor who has extensive experience making Iran's case in international disputes. On April 9, Iran and the P5+1 (Britain, China, France, Russia, and the United States, plus Germany) concluded the latest two-day round of talks on a nuclear deal, setting the next round for May 13. Earlier in the week, on April 7, Iranian media reported the appointment of Dr. Jamshid Momtaz as head of a "legal advisory group" to the Iranian negotiating team. A French-educated expert on sanctions, disarmament, and UN procedure, Momtaz has represented the Iranian government in some of its highest-profile international legal proceedings, including in claims against the U.S. government at the Hague-based International Court of Justice (ICJ). Momtaz's familiarity with the United Nations, his extensive practice in Europe, and his proven history of leveraging complex legal arguments to advance Iran's international interests indicate that in these latest rounds of P5+1 talks Tehran is likely looking for unconventional ways to "address" and "bring a satisfactory conclusion to" the UN Security Council resolutions against it, as called for in the Joint Plan of Action (JPOA) agreed to in Geneva last November.
  • Topic: Diplomacy, Economics, Human Rights, International Cooperation, Nuclear Weapons, Sanctions, Nuclear Power
  • Political Geography: Russia, United States, China, Iran, France
  • Author: Sinan Ülgen
  • Publication Date: 06-2014
  • Content Type: Working Paper
  • Institution: Carnegie Endowment for International Peace
  • Abstract: Many countries are interested in the Transatlantic Trade and Investment Partnership (TTIP) that Brussels and Washington are negotiating. But the United States and the European Union (EU) began talks without devising a way to involve their main trade partners. This approach, understandable given the complexity of the negotiations, could produce a bilateral agreement that is difficult to multilateralize. To influence the negotiations, third countries interested in eventually joining TTIP should pursue an agenda centered on the accession mechanism, the elimination of nontariff barriers, and dispute settlement.
  • Topic: Economics, Human Rights, International Trade and Finance
  • Political Geography: United States, Europe
  • Author: Ashley J. Tellis
  • Publication Date: 01-2014
  • Content Type: Working Paper
  • Institution: Carnegie Endowment for International Peace
  • Abstract: China is poised to become a major strategic rival to the United States. Whether or not Beijing intends to challenge Washington's primacy, its economic boom and growing national ambitions make competition inevitable. And as China rises, American power will diminish in relative terms, threatening the foundations of the U.S.-backed global order that has engendered unprecedented prosperity worldwide. To avoid this costly outcome, Washington needs a novel strategy to balance China without containing it.
  • Topic: Foreign Policy, Economics, Military Strategy
  • Political Geography: United States, China, America, Washington, Asia
  • Author: Nicholas Dungan
  • Publication Date: 01-2014
  • Content Type: Working Paper
  • Institution: Atlantic Council
  • Abstract: Competitiveness encompasses all the factors that will serve to make a society, an economy, and a country successful in the globalized world of the twenty-first century. France and the United States rank among the most competitive countries overall, but both have seen their position decline in recent years in key attributes of competitiveness.
  • Topic: Economics, International Cooperation, Bilateral Relations
  • Political Geography: United States, Europe, France
  • Author: Robert A. Pollard, Gregory N. Hicks
  • Publication Date: 07-2014
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: At a time when economics has become a more central feature of international relations, the United States needs to raise its game in international economic policy to sustain global leadership. Yet the U.S. government is not well organized at present to meet this challenge.
  • Topic: Foreign Policy, Diplomacy, Economics, International Trade and Finance, Reform
  • Political Geography: United States
  • Author: Derek M. Scissors
  • Publication Date: 07-2014
  • Content Type: Working Paper
  • Institution: American Enterprise Institute for Public Policy Research
  • Abstract: Chinese foreign investment declined through mid-2014 for the first time since the financial crisis. By sector, energy draws the most investment, but a slump in energy spending means that metals and real estate have been more prominent so far in 2014. The United States has received the most Chinese investment since 2005, followed by Australia, Canada, and Brazil. China invests first in large, resource-rich nations but has also diversified by spending more than $200 billion elsewhere. Chinese investment benefits both China and the recipient nation, but host countries must consider thorny issues like Chinese cyberespionage and subsidies.
  • Topic: Economics, Human Rights, International Trade and Finance, Terrorism, Foreign Direct Investment
  • Political Geography: United States, China, Canada, Asia, Brazil, Australia
  • Author: Pierre Siklos, Martin T. Bohl, Philipp Kaufmann
  • Publication Date: 07-2014
  • Content Type: Working Paper
  • Institution: Centre for International Governance Innovation
  • Abstract: Soaring prices in European alternative energy stocks and their subsequent tumble have attracted attention from both investors and academics. This paper extends recent research to an international setting and analyzes whether the explosive price behaviour of the mid-2000s was driven by rising crude oil prices and an overall bullish market sentiment. Inflation-adjusted US alternative energy stock prices do not exhibit signs of explosiveness. By contrast, we find strong evidence of explosive price behaviour for European and global sector indices, even after controlling for a set of explanatory variables. Interestingly, while the sector indices plunged with the outbreak of the global financial crisis, idiosyncratic components continued to rise and did not start to decline until after world equity markets had already begun to recover in 2009. This finding suggests a substantial revaluation of alternative energy stock prices in light of intensifying sector competition and shrinking sales margins, and casts some doubts on the existence of a speculative bubble. Nevertheless, this paper observes temporary episodes of explosiveness between 2005 and 2007 followed by rapid collapses, indicating the presence of some irrational exuberance among investors.
  • Topic: Economics, Energy Policy, Oil, Natural Resources
  • Political Geography: United States, Europe
  • Author: Edwin M. Truman
  • Publication Date: 08-2014
  • Content Type: Working Paper
  • Institution: Peterson Institute for International Economics
  • Abstract: This paper traces the evolution of the Federal Reserve and its engagement with the global economy over the last three decades of the 20th century: 1970 to 2000. The paper examines the Federal Reserve's role in international economic and financial policy and analysis covering four areas: the emergence and taming of the great inflation, developments in US external accounts, foreign exchange analysis and activities, and external financial crises. It concludes that during this period the US central bank emerged to become the closest the world has to a global central bank.
  • Topic: Economics, Foreign Exchange, Financial Crisis
  • Political Geography: United States
  • Author: William R. Cline, Jared Nolan
  • Publication Date: 07-2014
  • Content Type: Working Paper
  • Institution: Peterson Institute for International Economics
  • Abstract: This paper applies time series analysis to distinguish between cyclical and demographic causes of the decline of the labor force participation rate. Some public discussions suggest that the decline of US unemployment from its 2009 peak of 10 percent to about 6 percent by mid-2014 grossly exaggerates recovery because most of the decline reflects the exit of discouraged workers from the labor force. This study finds instead that one-half to two-thirds of the decline in labor force participation by about 3 percentage points from late 2007 to early 2014 is attributable to aging of the population. Although about one-third is found attributable to the lagged influence of high, and especially long-term, unemployment, going forward the potential rebound in the participation rate from recovery is projected to be approximately offset by further aging of the population.
  • Topic: Demographics, Economics, Labor Issues, Population
  • Political Geography: United States
  • Author: Frances Z. Brown
  • Publication Date: 07-2014
  • Content Type: Working Paper
  • Institution: United States Institute of Peace
  • Abstract: The conclusion of the U.S.-led "surge" of 2009 onward and the closure of provincial recon¬struction teams and other local civil-military installations have affected how aid is delivered in Afghanistan's more remote and contested areas. The time is ripe for a recalibration of donor approaches to local governance and development in areas previously targeted by the surge. Specifically, foreign stakeholders should reexamine three central principles of their previous subnational governance strategy. First, donors should revise their conception of assisting service delivery from the previous approach, which often emphasized providing maximal inputs in a fragmented way, to a more restrained vision that stresses predictability and reliability and acknowledges the interlinked nature of politics, justice, and sectoral services in the eyes of the local population. Second, donors should reframe their goal of establishing linkages between the Afghan govern¬ment and population by acknowledging that the main obstacles to improving center-periph¬ery communication and execution are often political and structural rather than technical. Third, donors should revise the way they define, discuss, and measure local governance prog¬ress in contested areas, away from favoring snapshots of inputs and perceptions and toward capturing longer-term changes on the ground in processes, structures, and incentives. The coming political and development aid transition provides an overdue opportunity for Afghan governance priorities to come to the fore. At the same time, the ever growing chasm between Kabul's deliberations on the one hand and local governance as experienced in more remote, insurgency-wracked areas on the other presents renewed risks. In the short term, donors let the air out of the aid bubble carefully. In the long term, resolving Afghanistan's local governance challenges continues to demand sustained commitment and systematic execution.
  • Topic: International Relations, Economics, Foreign Aid
  • Political Geography: Afghanistan, United States
  • Author: Anthony H. Cordesman
  • Publication Date: 08-2014
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: It is unclear that the United States has any current assessments and strategy to deal with either these governance or economic issues. If it does, it has provided no transparency as to what these plans are, and has failed to develop any effective public measures of the effectiveness of its civil aid programs after more than 10 years of effort, and in spite of the fact that the civil dimension of counterinsurgency efforts is at least as important as the military efforts. It is also important to note that World Bank and UN reporting show the same lack of progress in governance, economics, and human development in Pakistan as in Afghanistan.
  • Topic: Economics, Politics, World Bank
  • Political Geography: Pakistan, Afghanistan, United States, India
  • Author: Sadika Hameed
  • Publication Date: 09-2014
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: Relations between the United States and Pakistan have begun to improve after several years of heightened tensions. Yet many challenges remain. Among them is how to improve Pakistan's economy. Its economic crisis is one of the main sources of its internal tensions, but multiple opportunities exist to improve its economic performance. The policy debate in the United States, however, is still dominated by a focus on terrorism and extremism. While Pakistan's stability is a natural concern for the United States, focusing primarily on security issues limits the options for improving stability.
  • Topic: International Relations, Security, Economics
  • Political Geography: Pakistan, United States
  • Author: Shannon K. O'Neil
  • Publication Date: 10-2014
  • Content Type: Working Paper
  • Institution: Council on Foreign Relations
  • Abstract: North America was once called the New World. The people, their ideas, and the resources of the continent shaped the histories of the Old World—East and West. Today, North America is home to almost five hundred million people living in three vibrant democracies. If the three North American countries deepen their integration and cooperation, they have the potential to again shape world affairs for gen-erations to come.
  • Topic: Security, Economics, Energy Policy, International Trade and Finance
  • Political Geography: United States, America
  • Author: Adam S. Posen, David G. Blanchflower
  • Publication Date: 09-2014
  • Content Type: Working Paper
  • Institution: Oxfam Publishing
  • Abstract: In this paper we examine the impact of rises in inactivity on wages in the US economy and find evidence of a statistically significant negative effect. These nonparticipants exert additional downward pressure on wages over and above the impact of the unemployment rate itself. This pattern holds across recent decades in the US data, and the relationship strengthens in recent years when variation in participation increases. We also examine the impact of long-term unemployment on wages and find it has no different effect from that of short-term unemployment. Our analysis provides strong empirical support, we argue, for the assessment that continuing labor market slack is a key reason for the persistent shortfall in inflation relative to the Federal Open Market Committee's (FOMC) 2 percent inflation goal. Further, we suggest our results point towards using wage inflation as an additional intermediate target for monetary policy by the FOMC.
  • Topic: Economics, Markets, Labor Issues
  • Political Geography: United States, Middle East
  • Author: Jeronim Capaldo
  • Publication Date: 10-2014
  • Content Type: Working Paper
  • Institution: Global Development and Environment Institute at Tufts University
  • Abstract: According to its proponents, the Trans-Atlantic Trade and Investment Partnership will stimulate growth in Europe and in the US. Projections endorsed by the European Commission point to positive, although negligible, gains in terms of GDP and personal incomes. In a paradox, these projections also show that any gains in Trans-Atlantic trade would happen at the expense of intra-EU trade reversing the process of European economic integration. Furthermore, recent literature has pointed out several problems in the most influential assessment of the TTIP's effects. Projections by different institutions have been shown to rely on the same Computable General Equilibrium model that has proven inadequate as a tool for trade policy analysis. In this paper we assess the effects of TTIP using the United Nations Global Policy Model, which incorporates more sensible assumptions on macroeconomic adjustment, employment dynamics, and global trade. We project that TTIP will lead to a contraction of GDP, personal incomes and employment. We also project an increase in financial instability and a continuing downward trend in the labor share of GDP. Evaluated with the United Nations model, TTIP appears to favor economic dis-integration, rather than integration, in Europe. At a minimum, this shows that official studies do not offer a solid basis for an informed decision on TTIP.
  • Topic: Economics, Globalization, International Trade and Finance, Labor Issues
  • Political Geography: United States, Europe, United Nations
  • Author: Colby Farber
  • Publication Date: 11-2014
  • Content Type: Working Paper
  • Institution: Aspen Institute
  • Abstract: The 2014 Financial Security Summit examined how policymakers, the financial services industry, advocates, and academics can advance new policies and products to make it easier for households to build financial security and to reinvigorate the American Dream.
  • Topic: Debt, Economics, Governance, Reform
  • Political Geography: United States
  • Author: Richard P. Adler
  • Publication Date: 08-2014
  • Content Type: Working Paper
  • Institution: Aspen Institute
  • Abstract: In 1987, back at the dawn of the Internet age, two studies were published that provided perceptive looks at the evolution of electronic networks and the impact that they would likely have on the way business is conducted in the U.S. and globally. Both studies concluded that rapidly evolving information technologies were helping to break down old hierarchical business structures in favor of new, more decentralized models of economic activity.
  • Topic: Economics, Science and Technology, Communications, Mass Media
  • Political Geography: United States
  • Author: Alex He
  • Publication Date: 08-2014
  • Content Type: Working Paper
  • Institution: Centre for International Governance Innovation
  • Abstract: The G20 has emerged as the lynchpin of China's involvement in global economic governance. It remains the only economic institutional setting where the country can operate on par with major Western powers. China has a strong interest in maintaining the status of the G20 as the premier forum for economic cooperation, and a vested interest in ensuring that the G20 does not degrade into yet another “talk shop” of multilateral diplomacy. However, the Chinese leadership's current approach to the G20 is not driven by a desire to position the country as a leading agenda setter. Instead, China's main policy priority is ensuring that the country is treated as an equal and respected partner. China recognizes that in many ways it is still in a comparatively weak position and does not have the institutional capabilities and talents needed to operate in global financial and economic institutions such as the G20.
  • Topic: Economics, International Cooperation, International Trade and Finance
  • Political Geography: United States, China
  • Author: Thomas Jost
  • Publication Date: 04-2013
  • Content Type: Working Paper
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: In 2011 and the first half of 2012, inward FDI (IFDI) flows to Germany continued to be relatively strong. Germany attracte market-seeking MNEs, as its economy showed remarkable economic growth despite the ongoing problems in many other countries of the Eurozone. In the second half of 2012, IFDI flows turned sharply negative, declining for the year as a whole to only US$ 7 billion, compared with US$ 49 billion in 2011. This decline reflects the difficult financial situation of many companies, including banks in the Eurozone, and could also dampen inflows in 2013. In the longer-term, Germany could profit again from rising FDI as its economy has successfully implemented reforms over the past decade, and the German Government has continued to keep its investment policy regime open.
  • Topic: Economics, International Trade and Finance, Markets, Foreign Direct Investment
  • Political Geography: United States, Europe, Germany
  • Author: Leo Abruzzese
  • Publication Date: 06-2013
  • Content Type: Working Paper
  • Institution: Economist Intelligence Unit
  • Abstract: After a series of setbacks, the global economy is slowly mending US economy is strengthening; star performer Jobs market is on a modest upswing Housing is bouncing back China is recovering from a slowdown Boom years are over, but so is the slump European debt crisis is stabilizing but austerity is killing the economy Euro zone remains big drag on global growth Japan is showing signs of recovery under a new government Central banks are supporting the bounce - back in a big way Don't expect a brisk recovery, though; many risks remains Debt levels still high; asset prices are volatile; tensions in Middle East, China, Kore and has stabilised in Europe, but at a low level. In Germany, manufacturing output is rising again.
  • Topic: Economics, International Trade and Finance, Markets, Monetary Policy, Infrastructure
  • Political Geography: United States, China
  • Author: James Manicom
  • Publication Date: 08-2013
  • Content Type: Working Paper
  • Institution: Centre for International Governance Innovation
  • Abstract: There are a number of strategic challenges currently affecting the Asia-Pacific. In a period of global uncertainty, China has emerged as a confident and powerful actor, while the ability of the United States to remain the region's hegemonic power has come into question. Maritime boundary claims, regionalism and unresolved Cold War sovereignty disputes are a source of considerable uncertainty. A number of non-traditional security challenges are also emerging, including energy and food insecurity, cyber security and the threat of a climate catastrophe-related humanitarian crisis. Canada and Australia — resource-based economies with a record of bilateral and institutional engagement in the region, and important US allies — have an interest in these challenges, and in ensuring regional strategic stability that promotes economic growth.
  • Topic: Development, Economics, Governance
  • Political Geography: United States, China, Canada, Israel, Australia, Australia/Pacific, Asia-Pacific
  • Author: Lant Pritchett, Marla Spivack
  • Publication Date: 08-2013
  • Content Type: Working Paper
  • Institution: Center for Global Development
  • Abstract: How much larger are the consumption possibilities of an urban US household with per capita expenditures of 1,000 US dollars per month than a rural Indonesian household with per capita expenditures of 1,000,000 Indonesian Rupiah per month? Consumers in different markets face widely different consumption possibilities and prices and hence the conversion of incomes or expenditures to truly comparable units of purchasing power is extremely difficult. We propose a simple supplement to existing purchasing power adjusted currency conversions.
  • Topic: Development, Economics, Political Economy, Political Theory, Social Stratification, Socialism/Marxism
  • Political Geography: United States, Southeast Asia
  • Author: David G. Blanchflower, David N. F. Bell
  • Publication Date: 08-2013
  • Content Type: Working Paper
  • Institution: Peterson Institute for International Economics
  • Abstract: One of the factors that may inhibit reductions in unemployment as the economy recovers is the extent to which existing workers would like to work more hours and employers may prefer to let them work longer hours before making new hires. This phenomenon suggests that the unemployment rate does not capture the full extent of excess capacity in the labor market. But how should it be measured? In this paper we argue that the United States does not have the necessary statistical tools to calibrate this form of underemployment. We describe an index that captures the joint effects of unemployment and underemployment and provides a more complete picture of labor market excess capacity. We show how this index can be implemented using British data and describe its evolution over the Great Recession. Comparisons of our index with unemployment rates suggest that unemployment rates understate differences in labor market excess capacity by age group and overstate differences by gender. We also show that being unable to work the hours that one desires has a negative effect on well-being. Finally, we recommend that the Current Population Survey conducted by the US Bureau of Labor Statistics might be extended to enable the construction of an equivalent US index.
  • Topic: Economics, International Trade and Finance, Markets, Labor Issues
  • Political Geography: United States, Europe
  • Author: Anthony H. Cordesman
  • Publication Date: 10-2013
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: Perhaps the worst part of the debate that has led to the shut down of the federal government is its almost total irrelevance. It threaten both the US economy and US national security, but it does even begin to touch upon the forces that shape the rise in entitlements spending or their underlying causes.The Congressional debate does not address the forces that have led to a form of sequestration that focuses on defense as if it were the key cause of the deficit and pressures on the debt ceiling. It does not address the irony that much of defense spending has direct benefits to the US economy and that the spending on foreign wars–the so-called OCO account–dropped from $158.8 billion in FY2011 to some $88.5 billion in FY2013, and is projected to drop to around $37 billion in FY2015. Much of the debate focuses on the Affordable Care Act or "Obama Care"–a program whose balance between federal expenditures and revenues is sufficiently uncertain so the Congressional Budget office can only make limited forecasts, but whose net impact cannot come close to the cost pressures that an aging America and rising national medical costs have put on Federal entitlements in the worst case NDS May actually have a positive impact in the best case.The following briefing provides a range of estimates that addresses the real issues that are shaping the overall pressures that poverty, an aging America, and rising medical costs are putting on the US economy and federal spending. It draws on a range of sources to show how different estimates affect key trends, but focuses on data provide by a neutral arm of the same Congress that has paralyzed the US government and whose action threaten the funding on a viable national security strategy.
  • Topic: Security, Defense Policy, Arms Control and Proliferation, Economics, Governance
  • Political Geography: United States, America
  • Author: Murray Hiebert, Gregory B. Poling, Ted Osius
  • Publication Date: 09-2013
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: The U.S.- Indonesia relationship is critical to the national interests of both nations, and will only grow more so in the years to come. The catch words are now well- known. Indonesia is the world's fourth largest country and third largest democracy. It is the largest Muslim- majority nation, one of the most pluralistic societies on the planet. Its political system provides proof that democratic norms and values are not dependent on culture, history, or religion.
  • Topic: Foreign Policy, Development, Diplomacy, Economics, Science and Technology, Bilateral Relations, Foreign Aid
  • Political Geography: United States, Indonesia, Southeast Asia
  • Author: Jeri Jensen
  • Publication Date: 09-2013
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: The Obama administration has the opportunity to achieve more sustainable development solutions with a new model of development relevant in a world where private investment is the primary driver of economic growth.
  • Topic: Development, Economics, International Trade and Finance, Markets, Foreign Aid, Foreign Direct Investment
  • Political Geography: United States
  • Author: David J. Berteau, Gregory Sanders, Jesse Ellman
  • Publication Date: 09-2013
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: The U.S. government has a permanent reliance on contracts with the private sector for a wide range of services, though the share of federal services contracts has declined slightly in recent years. For the past eight years, the Defense - Industrial Initiatives Group (DIIG) at the Center for Strategic and International Studies (CSIS) has tracked the trends driving the services industry. Overall, this report analyzes the trends for all federal services contract obligations from FY 2000 through FY 2012, the most recent full fiscal year for which reliable data are available from the Federal Procurement Data System (FPDS). This Executive Summary provides an overall view of the data and trends, including projections for federal services contract spending over the next 3 years (FY 2013 – 2015).
  • Topic: Economics, Industrial Policy, Labor Issues, Governance
  • Political Geography: United States
  • Author: Stephanie Sanok Kostro, Ashley Nichols, Abigail Temoshchuk
  • Publication Date: 08-2013
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: In recent years , the United States has faced a growing number of severe natural disasters , presenting a variety of challenges for the nation – spanning the spectrum from federal to state to municipal and community levels – and its disaster response , relief, and recovery architecture . On average, the United States experiences ten severe weather events per year exceeding one billion dollars in damage , compared to an annual average of only two such events throughout the 1980s
  • Topic: Climate Change, Economics, Humanitarian Aid, Natural Disasters, Governance
  • Political Geography: United States
  • Author: Anthony H. Cordesman
  • Publication Date: 08-2013
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: The US is already at least six months behind in shaping an effective Transition in Afghanistan. It has not laid credible plans for the security, governance, and economic aspects of Transition. It has not made its level of future commitment clear to its allies or the Afghans, and it has failed dismally to convince the Congress and the American people that there is a credible reason to support Transition beyond the end of 2014.
  • Topic: Conflict Resolution, Foreign Policy, Development, Economics, Islam, War, Fragile/Failed State
  • Political Geography: Afghanistan, United States
  • Author: Jorge Balán
  • Publication Date: 09-2013
  • Content Type: Working Paper
  • Institution: Institute of International Education
  • Abstract: Higher education has undergone impressive growth and change over the last few decades in Latin America.This book selectively reviews some dimensions of this transformation, discussing policies, institutions, and programs, as well as their outcomes in terms of access, workforce training, and research. Individual chapters, commissioned from specialists from Latin America and the United States, stand as original, independent contributions focusing on key issues in higher education: changes in institutional autonomy and system governance, the contributions of higher education to advanced workforce development, policy responses to the continuing challenges of access and equity, government-sponsored study-abroad scholarships programs in several countries, trends in academic mobility and its outcomes for brain drain and gain, the changing landscape of U.S. universities' and corporations' investment in the region, and recent development of U.S. government exchange programs with Latin America.
  • Topic: Development, Economics, Education, Emerging Markets, Globalization
  • Political Geography: United States, Latin America
  • Author: Ali Arbia
  • Publication Date: 09-2013
  • Content Type: Working Paper
  • Institution: Kolleg-Forschergruppe "The Transformative Power of Europe"
  • Abstract: Over the last two decades, Preferential Trade Agreements (PTAs) proliferated through the international trading system. PTAs created a web of rules paralleling and extending the system of the World Trade Organization (WTO). PTAs are an increasingly dominant feature of the international trading system, adding to a steadily increasing complexity. Their content is rarely studied systematically across agreements, and the mechanisms leading to their genesis are little understood. It is typically assumed that actors like the European Union (EU) and the United States (U. S.) work off a template when negotiating PTAs. Some argue that this allows them, amongst others, to impose a regulatory regime. This working paper attempts to put this claim to the test. Using diffusion theory as framework, it analyzes PTAs signed by the EU, the U. S. and their regional trading partners. Understanding the use of templates will help negotiating parties to assess the margin of maneuver when negotiating PTAs with the EU and the U. S. as well as the rigidity of their mandate. The analysis is conducted on a regional and a domestic level using aggregated data on PTA content and a qualitative assessment of selected PTA provisions (anti-corruption, environment and cultural cooperation). The study finds that the flexibility of these mandates is considerable and that templates, if used at all, can change substantially over time.
  • Topic: Economics, International Trade and Finance, Treaties and Agreements, Governance
  • Political Geography: United States, Europe
  • Publication Date: 09-2013
  • Content Type: Working Paper
  • Institution: Aspen Institute
  • Abstract: In many respects, the U.S. health care system is breathtakingly innovative. It produces new technology, medical procedures, and scientific knowledge at a dazzling speed, enabling patients to recover from diseases and injuries once thought incurable or untreatable. As a consequence, the U.S. has one of the highest survival rates for cancers, excels at acute and trauma care, and has produced half of the world's Nobel laureates.
  • Topic: Economics, Health, Social Stratification, Governance
  • Political Geography: United States
  • Author: Bill White(Chair), Leonard Coburn(Rapporteur)
  • Publication Date: 09-2013
  • Content Type: Working Paper
  • Institution: Aspen Institute
  • Abstract: Improved technology has led to enhanced oil and gas productivity at lower cost and significant production increases in the United States and Canada, dramatically changing energy perspectives. The shift from energy scarcity toward abundance is requiring new energy policies. The potential for the United States to become a net exporter of oil and gas changes American views of energy dependency. Shifts in global energy demand growth from developed to less developed countries, and especially to the Asia-Pacific region, require understanding of changing global energy trade. American energy will flow to markets where scarcity is the largest. Canada and the United States are reaping the benefits of this new world of oil and gas. Mexico will lag behind unless it addresses its chronic problems. Without reform, Mexico could become a net importer of all its hydrocarbons, a fundamental change from its current status. Responding to these changes will require knowledge, foresight, and strategies that are bold and comprehensive.
  • Topic: Economics, Energy Policy, Environment, Oil, Natural Resources
  • Political Geography: United States, America, Canada, Mexico
  • Author: Bill Dickenson (Co-Chair), Phil Sharp (Co-Chair), Dave Grossman (Rapporteur)
  • Publication Date: 09-2013
  • Content Type: Working Paper
  • Institution: Aspen Institute
  • Abstract: The future of the U.S. electricity sector is hard to foresee – and it is never wise to overpay one's fortune tellers – but there appear to be some key trends and technologies that may reshape future electricity markets and determine the innovativeness, resilience, security, and global competitiveness of the sector. Discussions of the sector's past, present, and future formed the heart of the 2013 Aspen Institute Energy Policy Forum. This report summarizes and organizes some of the key insights from those discussions.
  • Topic: Climate Change, Economics, Energy Policy, Environment, Markets, Natural Resources
  • Political Geography: United States
  • Author: Tetsuji Yamada, Chia-Ching Chen, Chie Hanaoka, Seiritsu Ogura
  • Publication Date: 08-2013
  • Content Type: Working Paper
  • Institution: Asia-Pacific Research Center
  • Abstract: Background: For the past two decades, more and more women in certain European countries, Japan, and the United States are giving birth to their first child at a considerably later age than ever before. It remains unclear as to what extent this age-related general fertility decline is affected by changing social and cultural norms. Method: The Global Centers of Excellence Survey was conducted by Osaka University in Japan (n=5313) in 2009. Multivariate regression analyses were conducted to examine the impact of psychosocial norms, cultural differences, and economic conditions on the perception of childbearing. Results: The findings suggest that a subjective measure of happiness has a significant influence on childbearing. A society with income inequalities between classes discourages childbearing. It is observed that women's higher labor force participation generates a negative impact on motherchild relations which causes discouragement of childbearing. A higher female labor force participation stemmed from a transition of a traditional society into a modern and marketoriented society discourages childbearing. Conclusions/implications: A woman's decision to delay childbearing is based on her perception of psychosocial norms with surrounding economic environment and her own value of opportunity in the market oriented society. Childbearing also imposes psycho-economic burdens on the working population under mix of a traditional, patriarchal society, and a modern market oriented framework. Childbearing incentives could be a strategic policy to encourage positive attitudes of childbearing in general and proper welfare policy, labor law(s), employment conditions, and social security system for a working mother with a child or children.
  • Topic: Economics, Gender Issues, Health, Poverty, Social Stratification, Labor Issues
  • Political Geography: United States, Japan, Europe, Israel, Asia
  • Author: Leighton Ku, Brian Bruen
  • Publication Date: 02-2013
  • Content Type: Working Paper
  • Institution: The Cato Institute
  • Abstract: Claims are sometimes made that immigrants use public benefits, such as Medicaid, the Supplemental Nutrition Assistance Program, or the Temporary Assistance for Needy Families programs, more often than those who are born in the United States. This report provides analyses, using the most recent data from the Census Bureau, that counter these claims. In reality, low-income non-citizen immigrants, including adults and children, are generally less likely to receive public benefits than those who are native-born. Moreover, when non-citizen immigrants receive benefits, the value of benefits they receive is usually lower than the value of benefits received by those born in the United States. The combination of lower average utilization and smaller average benefits indicates that the overall cost of public benefits is substantially less for low-income non-citizen immigrants than for comparable native-born adults and children. The report also explains that the lower use of public benefits by non-citizen immigrants is not surprising, since federal rules restrict immigrants' eligibility for these public benefit programs.
  • Topic: Economics, Health, Humanitarian Aid, Markets, Immigration
  • Political Geography: United States
  • Author: Brink Lindsey
  • Publication Date: 10-2013
  • Content Type: Working Paper
  • Institution: The Cato Institute
  • Abstract: For over a century, the trend line for the long-term growth of the U.S. economy has held remarkably steady. Notwithstanding huge changes over time in economic, social, and political conditions, growth in real gross domestic product (GDP) per capita has fluctuated fairly closely around an average annual rate of approximately 2 percent. Looking ahead, however, there are strong reasons for doubting that this historic norm can be maintained.
  • Topic: Economics, Globalization, International Trade and Finance, Markets, Financial Crisis, Governance
  • Political Geography: United States
  • Author: Phillip C. Saunders
  • Publication Date: 08-2013
  • Content Type: Working Paper
  • Institution: Institute for National Strategic Studies
  • Abstract: Upon taking office in January 2009, Obama administration officials proclaimed a U.S. “return to Asia.” This pronouncement was backed with more frequent travel to the region by senior officials (Secretary of State Hillary Clinton's first trip was to Asia) and increased U.S. participation in regional multilateral meetings, culminating in the decision to sign the Association of Southeast Asian Nations (ASEAN) Treaty of Amity and Cooperation and to participate in the East Asia Summit (EAS) at the head-of-state level. The strategic “rebalance to Asia” announced in November 2011 builds on these earlier actions to deepen and institutionalize U.S. commitment to the Asia-Pacific region.
  • Topic: Security, Foreign Policy, Arms Control and Proliferation, Diplomacy, Economics, Bilateral Relations
  • Political Geography: United States, Israel, Asia
  • Author: Jerry McBeath
  • Publication Date: 12-2013
  • Content Type: Working Paper
  • Institution: Centre for International Governance Innovation
  • Abstract: This paper concerns the US view of East Asian nations' involvement in the Arctic, emphasizing the perspective of Alaska, the only US Arctic state. It treats six different areas of US/Alaska policy: US national strategy for the Arctic; oil and gas exploration and development; marine transportation; fisheries; investment in infrastructure; and governance. The study finds few differences between the positions of Alaska and the United States, notwithstanding often-hostile rhetoric from leaders in the United States' farthest north frontier. In general terms, both Alaska and the United States have historically sought trade and investment ties with East Asian nations. China has now replaced Japan as Alaska's major trading partner, followed by South Korea and Taiwan.
  • Topic: Economics, Food, Infrastructure
  • Political Geography: United States, China, Taiwan, East Asia, South Korea, Alaska, Arctic
  • Author: Pierre Siklos, Martin T. Bohl, Arne C. Klein
  • Publication Date: 12-2013
  • Content Type: Working Paper
  • Institution: Centre for International Governance Innovation
  • Abstract: Existing models of market herding suffer from several drawbacks. Measures that assume herd behaviour is constant over time or independent of the economy are not only economically unreasonable, but describe the data poorly. First, if returns are stationary, then a two-regime model is required to describe the data. Second, existing models of time-varying herding cannot be estimated from daily or weekly data, and are unable to accommodate factors that explain changes in this behaviour. To overcome these deficiencies, this paper proposes a Markov switching herding model. By means of time-varying transition probabilities, the model is able to link variations in herding behaviour to proxies for sentiment or the macroeconomic environment. The evidence for the US stock market reveals that during periods of high volatility, investors disproportionately rely on fundamentals rather than on market consensus.
  • Topic: Economics, Globalization, International Trade and Finance, Markets, Financial Crisis
  • Political Geography: United States, Canada
  • Author: Benjamin Leo
  • Publication Date: 12-2013
  • Content Type: Working Paper
  • Institution: Center for Global Development
  • Abstract: The United States government has made repeated declarations over the last decade to align its assistance programs behind developing countries' priorities. By utilizing public attitude surveys for 42 African and Latin American countries, this paper examines how well the US has implemented this guiding principle. Building upon the Quality of Official Development Assistance Assessment (QuODA) approach, I identify what people cite most frequently as the 'most pressing problems' facing their nations and then measure the percentage of US assistance commitments that are directed towards addressing them. By focusing on public surveys over time, this analysis attempts to provide a more nuanced and targeted examination of whether US portfolios are addressing what people care the most about. As reference points, I compare US alignment trends with the two regional multilateral development banks (MDBs) – the African Development Bank and the Inter-American Development Bank. Overall, this analysis suggests that US assistance may be only modestly aligned with what people in Sub-Saharan Africa and Latin America cite as their nation's most pressing problems. By comparison, the African Development Bank – which is majority-led by regional member nations – performs significantly better than the United States. Like the United States, however, the Inter-American Development Bank demonstrates a low relative level of support for people's top concerns.
  • Topic: Security, Crime, Development, Economics, Foreign Aid
  • Political Geography: Africa, United States, America, Latin America
  • Author: Hugh Jorgensen, Mike Callaghan, Stephen Pickford, Richard Gray, Steven Bardy, Graham Hodges, Ross Buckley
  • Publication Date: 07-2013
  • Content Type: Working Paper
  • Institution: Lowy Institute for International Policy
  • Abstract: This issue of the Monitor canvases the role of the G20 in strengthening financial regulation. It contains articles by Hugh Jorgensen (Lowy Institute), Stephen Pickford (Chatham House), Richard Gray (Westpac), myself, Steven Bardy (Australian Securities and Investment Commission), Ross Buckley (University of New South Wales) and Graham Hodges (ANZ). It also includes a summary of the discussion at a regional 'Think 20' seminar recently held at the Lowy Institute.
  • Topic: Economics, International Organization, International Trade and Finance, Financial Crisis, Reform
  • Political Geography: United States, Europe
  • Author: John Ravenhill, Mark P Thirlwell, Mike Callaghan, Peter W. Gallagher, Brett Williams
  • Publication Date: 06-2013
  • Content Type: Working Paper
  • Institution: Lowy Institute for International Policy
  • Abstract: This issue of the G20 Monitor is devoted to the topic of international trade and the role of the G20. Over the coming months, the Monitor will be covering in detail a number of issues that are, or could be, on the G20 agenda. For example, over the next few months there will be an issue on 'Financial regulation and the G20' and another on 'Development and the G20'. The question we are asking on each issue is 'where can the G20 add value?'
  • Topic: Economics, International Trade and Finance, Treaties and Agreements, Infrastructure
  • Political Geography: United States, China, Europe
  • Publication Date: 01-2013
  • Content Type: Working Paper
  • Institution: American Assembly at Columbia University
  • Abstract: Upstate legacy cities, once vibrant hubs for business and industry, education, culture, and community life, face daunting challenges as they strive to reposition themselves for an economy fueled not by the industrial manufacturing needs of past generations but increasingly by technological advancements, highly educated workers, global markets, and a spirit of innovation.
  • Topic: Development, Economics, Globalization, Governance, Urbanization
  • Political Geography: United States, New York
  • Author: Anthony H. Cordesman, Bryan Gold, Chloe Coughlin-Schulte
  • Publication Date: 12-2013
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: US and Iranian strategic competition is heavily drive by four key factors–the success or failure of sanctions, the im0pact of that competition on the flow of Gulf energy exports, the success or failure of efforts to limit Iran's nuclear options and the broader prospect for arms control, and the prospects for accommodation of regime change. In recent years, the key variable has been ways in which sanctions on Iran have changed US and Iranian competition since the fall of 2011, and helped lead to a tentative set of Iranian agreements with the UN's P5+1--the five permanent members of the UN Security Council, namely United States, Russia, China, United Kingdom, and France, plus Germany--in November 2013.
  • Topic: Security, Arms Control and Proliferation, Economics, Oil, Regime Change, Sanctions
  • Political Geography: Russia, United States, China, United Kingdom, Iran, Middle East, France, Germany
  • Author: Stephen J. Blank
  • Publication Date: 12-2013
  • Content Type: Working Paper
  • Institution: The Strategic Studies Institute of the U.S. Army War College
  • Abstract: The United States Army War College educates and develops leaders for service at the strategic level while advancing knowledge in the global application of Landpower.
  • Topic: Security, Political Violence, Economics
  • Political Geography: Russia, United States, Europe, Asia
  • Author: Jon Kyl, Jim Talent
  • Publication Date: 10-2013
  • Content Type: Working Paper
  • Institution: American Enterprise Institute for Public Policy Research
  • Abstract: When President Obama took office, the armed services of the United States had already reached a fragile state. The Navy had shrunk to its smallest size since before World War I; the Air Force was smaller, and its aircraft older, than at any time since the inception of the service. The Army was stressed by years of war; according to Secretary of Defense Robert Gates, it had been underfunded before the invasion of Iraq and was desperately in need of resources to replace its capital inventory.
  • Topic: Defense Policy, Economics, Politics, War
  • Political Geography: United States, Iraq
  • Author: John L. Kokulis
  • Publication Date: 10-2013
  • Content Type: Working Paper
  • Institution: American Enterprise Institute for Public Policy Research
  • Abstract: The rise in military health care spending has been a primary driver of the large growth in military personnel compensation over the past decade. Left unchecked, these costs will impact the ability of the DoD's Military Health System (MHS) to support its three critical missions: 1. Readiness for deployment: Maintaining an agile, fully deployable medical force and a health care delivery system so they are capable of providing state-of-the-art health services anytime, anywhere; 2. Readiness of the fighting force: Helping commanders create and sustain the most healthy and medically prepared fighting forces anywhere; and 3. The benefits mission: Providing long-term health coaching and health care for 9.7 million DoD beneficiaries.
  • Topic: Defense Policy, Economics, Health, Governance
  • Political Geography: United States
  • Author: Lucyna Kornecki
  • Publication Date: 02-2013
  • Content Type: Working Paper
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: Inward foreign direct investment (IFDI) represents an integral part of the United States (U.S.) economy, with its stock growing from US$ 83 billion in 1980 to US$ 3.5 trillion in 2011. The United States, which had earlier been primarily a home for multinational enterprises (MNEs) rather than a host for affiliates of foreign MNEs, has become a preferred host country for FDI since the 1980s. Foreign MNEs have contributed robust flows of FDI into diverse industries of the U.S. economy, and total FDI inflows reached US$227 billion in 2011, equivalent to 15% of global inflows, the single largest share of any economy. Inflows of FDI, with a peak of US$ 314 billion in 2000 and another of US$ 306 billion in 2008, have been an important factor contributing to sustained economic growth in the United States. The recent financial and economic crises negatively impacted FDI flows to the United States and opened a period of major uncertainty. The effectiveness of government policy responses at both the national and international levels in addressing the financial crisis and its economic consequences will play a crucial role for creating favorable conditions for a rebound in FDI inflows.
  • Topic: Economics, Human Rights, International Trade and Finance, Foreign Direct Investment, Governance
  • Political Geography: United States, North America
  • Author: David E. Brown
  • Publication Date: 12-2013
  • Content Type: Working Paper
  • Institution: The Strategic Studies Institute of the U.S. Army War College
  • Abstract: The frenetic search for hydrocarbons in Africa has become so intense and wide ranging that there is planned or ongoing oil and gas exploration in at least 51 of the continent's 54 countries. Knowledge about Africa's geology is improving rapidly, generating great optimism about the continent's energy future. Onshore and offshore rifts and basins created when the African continent separated from the Americas and Eurasia 150 million years ago are now recognized as some of the most promising hydrocarbon provinces in the world. Offshore Angola and Brazil, Namibia and Brazil, Ghana and French Guyana, Morocco and Mexico, Somalia and Yemen, and Mozambique and Madagascar are just a few of the geological analogues where large oil fields have been discovered or are be-lieved to lie. One optimistic but quite credible scenario is that future discoveries in Africa will be around five timestheir current level based on what remains un-explored on the continent versus currently known sub-soil assets. If proven true, this could have a pro-foundly positive impact on Africa's future growth and strategic position in the global economy.
  • Topic: Economics, Human Rights, Natural Resources
  • Political Geography: Africa, United States, China, America, Eurasia, Asia, Brazil, Yemen, Mozambique, Mexico, Morocco, Somalia, Angola, Ghana, Namibia, Guyana, Moldavia
  • Author: Christopher Sands, Duncan Wood, Laura Dawson
  • Publication Date: 11-2013
  • Content Type: Working Paper
  • Institution: Hudson Institute
  • Abstract: The 1994 North American Free Trade Agreement (NAFTA) among Canada, Mexico, and the United States was a bold experiment in economic integration and regional cooperation. To be successful, the initiative demanded political leadership and a commitment to regionalism. It required a vision that extended beyond short-term national interest and it demanded creative thinking about how three large countries could integrate their markets in a meaningful way.
  • Topic: Economics, International Trade and Finance, Treaties and Agreements
  • Political Geography: United States, Canada, North America, Mexico
  • Author: Harold Furchtgott-Roth
  • Publication Date: 06-2013
  • Content Type: Working Paper
  • Institution: Hudson Institute
  • Abstract: This paper proposes that the Federal Communications Commission adopt rules to allow practically all of the electromagnetic spectrum to be allocated flexibly in response to market conditions and to allow licensees to use their spectrum flexibly. This approach is consistent with the direction of FCC decisions to allow greater spectrum flexibility and would be economically far superior to recent FCC proposals for broadcast spectrum auctions. Spectrum flexibility—or “Open Spectrum”—would eliminate the much-lamented wireless broadband “shortage” without delay and would foster greater innovation in American spectrum markets and transactions and in wireless services and products. The econo mic value of Open Spectrum is probably orders of magnitude greater than the projected $15 billion in receipts from the FCC's broadcast spectrum auctions.
  • Topic: Economics, Science and Technology, Communications
  • Political Geography: United States, Japan, America
  • Author: Lee Lane
  • Publication Date: 02-2013
  • Content Type: Working Paper
  • Institution: Hudson Institute
  • Abstract: Hydraulic fracturing (HF) is one of the technologies that have enabled large increases both in the current production of natural gas and in estimates of recoverable reserves. However, as new technology has triggered a boom in onshore U.S. gas exploration and production (E), environmental concerns have multiplied. Much of the concern centers on use of HF. As public concern has risen, so have calls for federal regulatory control. The Interior Department has adopted tighter controls on the use of HF on public lands. Also, two former Obama White House aides, Carol Browner and Jody Freeman, have argued for more EPA regulation of all use of HF in oil and gas drilling. To achieve this control, they propose to repeal the partial oil and gas exemption under the Safe Drinking Water Act (SDWA). Bills to this effect, dubbed the FRAC Act, were proposed in the last two Congresses, but they were not adopted.
  • Topic: Economics, Environment, International Trade and Finance, Natural Resources
  • Political Geography: United States, North America
  • Publication Date: 05-2013
  • Content Type: Working Paper
  • Institution: Atlantic Council
  • Abstract: For too long, the United States and Europe have failed to embrace Latin America as a partner in a broader transatlantic community. Modern Latin America, like the United States, springs from a common European heritage and shares the historical, political, and philosophical roots that bind the West so closely together. The region is of growing strategic importance, with its expanding markets, energy resources, and global economic reach. But while Latin America is changing rapidly, the United States and Europe have been slow to sufficiently recognize and embrace this new world, missing crucial policy and business opportunities.
  • Topic: Economics, International Cooperation, International Trade and Finance
  • Political Geography: United States, Europe, Latin America
  • Publication Date: 04-2013
  • Content Type: Working Paper
  • Institution: Atlantic Council
  • Abstract: President Barack Obama faces a relatively short timeframe in which to peacefully address the most significant near-term foreign policy and security challenge for his second term. Due to Iran's persistent nuclear advances, Obama's repeated pledge that the United States would stop Iran from developing nuclear weapons could well be tested in the coming months, requiring intensified diplomatic engagement and careful calculation of the repercussions (regionally and globally) of a military response.
  • Topic: Foreign Policy, Economics, Humanitarian Aid, Sanctions, Nuclear Power
  • Political Geography: United States, Iran, Atlantic Ocean
  • Publication Date: 12-2013
  • Content Type: Working Paper
  • Institution: Atlantic Council
  • Abstract: This report has a simple message: We are not prepared for the negative consequences of many new technologies or as well-positioned as we should be to take full advantage of the benefits. Emerging technologies are likely to be more beneficial than detrimental, but the opposite could be true if we are not careful. This report examines emerging technologies in three broad areas—energy, smart cities, and manufacturing—that are playing critical yet disruptive roles: all present opportunities for the US and its partners, but also huge challenges and risks.
  • Topic: Economics, International Trade and Finance, Science and Technology, Hegemony
  • Political Geography: United States
  • Author: Isabelle Francois
  • Publication Date: 09-2013
  • Content Type: Working Paper
  • Institution: Atlantic Council
  • Abstract: The past twenty years have been marked by a series of setbacks and disappointments in the US-European-Russian dialogue, despite regular attempts to develop a strategic partnership. In this cyclical relationship, 2012 was a low point in Western relations with Russia, from the calculated absence of President Vladimir Putin at the NATO summit in Chicago to the Russian ban on American adoptions of Russian orphans, and the US reaction to the Sergei Magnitsky case. The year 2013 could have been the beginning of an upswing in the trilateral dialogue. In April, US Secretary of State John Kerry and Russian Foreign Minister Sergey Lavrov met on the margins of the G8 foreign ministers' gathering in London. At the same time, US National Security Advisor Tom Donilon called on Putin in Moscow, where he hand-delivered a letter from President Barack Obama detailing potential areas of cooperation. A series of meetings between Russian and American officials throughout the summer saw a new diplomatic push to reframe the US–Russia relationship in the run-up to the Group of Eight meeting in June and the G20 meeting in September 2013. However, the Edward Snowden affair and Obama's subsequent decision to cancel the planned September meeting with Putin in light of insufficient progress on bilateral issues point to a pause in the relationship.
  • Topic: International Relations, Economics
  • Political Geography: Russia, United States, America, Europe
  • Author: David J. Goldwyn
  • Publication Date: 12-2013
  • Content Type: Working Paper
  • Institution: Atlantic Council
  • Abstract: Mexico's Congress passed its final hurdle to reform the Constitution and allow for private investment in the energy industry on December 12, 2013. This significant achievement heralds the most comprehensive energy reform in the last seventy-five years of the country's history.
  • Topic: Economics, Energy Policy, International Trade and Finance, Markets, Oil
  • Political Geography: United States, Latin America, Mexico
  • Author: Andrew Paterson, Walter Howes
  • Publication Date: 12-2013
  • Content Type: Working Paper
  • Institution: Atlantic Council
  • Abstract: Global energy demand will increase substantially in the coming decades under pressure from global trends, including an increasing population that will reach 9 billion by 2040, and, for the first time in history, will be overwhelmingly urban. Meeting basic global energy needs will require the use of all available sources of energy while addressing and minimizing environmental and climate impacts. Nuclear energy is an established part of the world's electricity mix, and provides large-scale, reliable, base-load electricity demand. As such, it seems to be well matched to fit into an increasingly urban world that aims to mediate environmental challenges.
  • Topic: Economics, Energy Policy, Environment, International Cooperation, International Trade and Finance, Nuclear Power
  • Political Geography: United States, Asia
  • Author: Laura E. Seay
  • Publication Date: 01-2012
  • Content Type: Working Paper
  • Institution: Center for Global Development
  • Abstract: Although its provisions have yet to be implemented, section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act is already having a profound effect on the Congolese mining sector. Nicknamed “Obama's Law” by the Congolese, section 1502 has created a de facto ban on Congolese mineral exports, put anywhere from tens of thousands up to 2 million Congolese miners out of work in the eastern Congo, and, despite ending most of the trade in Congolese conflict minerals, done little to improve the security situation or the daily lives of most Congolese. In this report, Laura Seay traces the development of section 1502 with respect to the pursuit of a conflict minerals-based strategy by U.S. advocates, examines the effects of the legislation, and recommends new courses of action to move forward in a way that both promotes accountability and transparency and allows Congolese artisanal miners to earn a living.
  • Topic: Security, Development, Economics, International Trade and Finance, Markets, Poverty, Natural Resources, Financial Crisis
  • Political Geography: Africa, United States, Democratic Republic of the Congo
  • Author: Deborah Elms, C. L. Lim
  • Publication Date: 02-2012
  • Content Type: Working Paper
  • Institution: S.Rajaratnam School of International Studies
  • Abstract: The Trans-Pacific Partnership (TPP) is a trade agreement currently under negotiation between nine countries in three continents, including Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, United States and Vietnam. In late 2011 three additional countries--Japan, Canada and Mexico--announced their intention to join as well. The TPP has always been called a "high quality, 21st century" agreement that covers a range of topics not always found in free trade agreements. This includes not just trade in goods, services and investment, but also intellectual property rights, government procurement, labor, environment, regulations, and small and medium enterprises. This paper traces the complex negotiations and evolution of the talks since the early 2000s to the present.
  • Topic: Economics, Environment, International Trade and Finance, Treaties and Agreements, Labor Issues, Intellectual Property/Copyright
  • Political Geography: United States, Japan, Malaysia, Canada, Israel, Vietnam, Latin America, Australia, Australia/Pacific, Mexico, Singapore, Chile, Peru, New Zealand, Brunei
  • Author: Michael Tanner
  • Publication Date: 02-2012
  • Content Type: Working Paper
  • Institution: The Cato Institute
  • Abstract: Opponents of allowing younger workers to privately invest a portion of their Social Security taxes through personal accounts have long pointed to the supposed riskiness of private investment. The volatility of private capital markets over the past several years, and especially recent declines in the stock market, have seemed to bolster their argument.
  • Topic: Economics, International Trade and Finance, Markets, Financial Crisis
  • Political Geography: United States
  • Publication Date: 03-2012
  • Content Type: Working Paper
  • Institution: Economist Intelligence Unit
  • Abstract: Women are a key driver of economic growth. In the second half of the 20th century, the entry of women into the workforce helped to propel most of the world's developed economies. In the United States, an expanded pool of workers—from the emergence of the baby-boom generation and the rising number of women in the workplace—added nearly 2 percentage points a year to economic growth. Since 1995, the narrowing gap between male and female employment has accounted for a quarter of Europe's annual GDP growth. Today, women in the developing world are poised to have a similar impact—if they can be properly educated, equipped and empowered.
  • Topic: Development, Economics, Gender Issues, International Trade and Finance, Labor Issues
  • Political Geography: United States
  • Author: Sinan Ülgen
  • Publication Date: 02-2012
  • Content Type: Working Paper
  • Institution: Carnegie Endowment for International Peace
  • Abstract: Though most states that want a nuclear weapon can get one through determined effort, the fact remains that most choose not to proliferate. Turkey is no exception. Not even the prospect of a nuclear-armed Iran is likely to push Ankara to develop its own nuclear weapons. The only circumstance where such a scenario would acquire a degree of likelihood is a breakdown in Turkey's security relationship with the United States.
  • Topic: Security, Defense Policy, Diplomacy, Economics, Nuclear Weapons, Regional Cooperation
  • Political Geography: United States, Turkey, Middle East
  • Author: Joel I. Klein, Condoleezza Rice, Julia Levy
  • Publication Date: 03-2012
  • Content Type: Working Paper
  • Institution: Council on Foreign Relations
  • Abstract: Mission Statement. The Council on Foreign Relations is an independent, nonpartisan membership organization, think tank, and publisher dedicated to being a resource for its members, government officials, business executives, journalists, educators and students, civic and religious leaders, and other interested citizens in order to help them better understand the world and the foreign policy choices facing the United States and other countries. Founded in 1921, the Council takes no institutional positions on matters of policy. The Council carries out its mission by: Maintaining a diverse membership, including special programs to promote interest and develop expertise in the next generation of foreign policy leaders; Convening meetings at its headquarters in New York and in Washington, DC, and other cities where senior government officials, members of Congress, global leaders, and prominent thinkers come together with Council members to discuss and debate major international issues; Supporting a Studies Program that fosters independent research, enabling Council scholars to produce articles, reports, and books and hold roundtables that analyze foreign policy issues and make concrete policy recommendations; Publishing Foreign Affairs, the preeminent journal of international affairs and U.S. foreign policy; Sponsoring Independent Task Forces that produce reports with both findings and policy prescriptions on the most important foreign policy topics; and Providing up-to-date information and analysis about world events and American foreign policy on its website, CFR.org.
  • Topic: Economics, Education, Globalization, National Security
  • Political Geography: United States, New York, America, Washington
  • Author: Brandon Fite
  • Publication Date: 04-2012
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: Iran pursues cooperation with states on the geographic and strategic periphery of the competition between the US and Iran in order to create a network of diplomatic and economic relationships or “partners” that can lessen the blow of international sanctions and generally oppose Western attempts to constrict its ambitions. These peripheral “partners” located mainly in Africa and Latin America, also serve as alternative markets for Iranian oil, provide diplomatic cover for Iran's nuclear efforts, and aid Iran's acquisition of goods proscribed by international sanctions.
  • Topic: Conflict Resolution, Economics, Sanctions
  • Political Geography: Africa, United States, Iran, Latin America
  • Author: Huasheng Zhao
  • Publication Date: 03-2012
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: China holds clear, coherent, but relatively low-profile positions on Afghanistan. While staying largely with the mainstream of the international community on the issue of Afghanistan, China maintains an independent policy that reflects the peculiarities of Chinese interests, concerns, and priorities in Afghanistan. China has multiple interests in Afghanistan; however, domestic concerns about the security and stability of the largely Muslim region of Xinjiang overwhelm all others. China maintains normal and good relations with the Afghan government, takes active part in the country's economic rebuilding, and provides Afghanistan financial aid and other assistance. China supports the international community in its efforts in Afghanistan, but stays away from direct military involvement. China refrains from criticizing America's involvement in the war in Afghan- istan, but it doubts the war's efficacy, and China refuses to join the American Northern Distribu- tion Network (NDN) to Afghanistan. China dislikes the Taliban because of its close relations with the “East Turkistan” organization—a Uyghur separatist group—but China deals with the Taliban cautiously, trying to avoid direct conflict. China favors an Afghanistan governed by Afghans and hopes that the “Kabul process”—the transition to greater Afghan responsibility and ownership in both security and civilian areas—will have a successful end. At the same time, China also prepares for unexpected outcomes.
  • Topic: Development, Economics
  • Political Geography: Afghanistan, United States, China, Asia
  • Publication Date: 04-2012
  • Content Type: Working Paper
  • Institution: Economist Intelligence Unit
  • Abstract: Three years after the global economy reached its lowest point in three-quarters of a century, the recovery remains incomplete and the outlook uncertain. On March 9th 2009, the capitalisation of Morgan Stanley\'s global stockmarket index fell to US$26trn, nearly 60% below its 2007 peak. Today, the value of the world\'s stockmarkets has yet to return to the pre-crisis level—nor has the confidence of most consumers and businesses. The excesses of the last ten years—the personal debt accumulated early in the last decade and the public debt added during the recession—have saddled many countries with weak economic foundations and little or no resilience to shocks. This has left the US economy, in particular, struggling for a third straight year to lock in faster growth. It has left debt-ravaged Europe in recession and China manoeuvring unsteadily to deflate a bubble. On the brighter side, the global economy will grow again this year and the imbalances that built up over the past decade will continue to unwind. But global growth will be slower this year than last, and a host of risks—from elevated oil prices to war in the Middle East, to the collapse of Europe\'s single currency—will weigh on confidence and reduce spending and investment.
  • Topic: Economics, Globalization, Markets, Global Recession, Financial Crisis
  • Political Geography: United States, China, Europe, Middle East
  • Author: Ted Piccone, Emily Alinikoff
  • Publication Date: 01-2012
  • Content Type: Working Paper
  • Institution: Center on International Cooperation
  • Abstract: As the emerging global order takes shape, debate is growing more intense around the trajectory of the rising powers and what their ascendency to positions of regional and international influence means for the United States, its traditional allies, and global governance more broadly. Commentary about these rising powers— often referred to in a generic way as the BRICS (Brazil, Russia, India, China, South Africa) but actually encompassing a dozen or so countries largely represented in the G-20—ranges from alarmist to sanguine. Pessimists argue that China, with its impressive economic growth and increasingly global reach, is well-positioned to challenge the United States' role of global superpower and to weaken the commitment of other rising powers, and various international organizations, to liberal values. More optimistic analysts insist that the rise of middle powers, most of which are democracies of varying stripes, bodes well for the world: millions are being lifted out of poverty, rule of law is taking hold and the international system is bound to be a more inclusive, representative one.
  • Topic: Democratization, Development, Economics, Globalization, Human Rights, International Trade and Finance, Markets, Poverty, Governance
  • Political Geography: Russia, United States, China, India, South Africa, Brazil, Arabia
  • Author: Nigel Purvis, Abigail Jones
  • Publication Date: 04-2012
  • Content Type: Working Paper
  • Institution: Center for Global Development
  • Abstract: Worldwide, about 1.3 billion people lack access to electricity (one in five people), while unreliable electricity networks serve another 1 billion people. Roughly 2.7 billion—about 40 percent of the global population—lack access to clean cooking fuels. Instead, dirty, sometimes scarce and expensive fuels such as kerosene, candles, wood, animal waste, and crop residues power the lives of the energy poor, who pay disproportionately high costs and receive very poor quality in return. More than 95 percent of the energy poor are either in sub-Saharan Africa or developing Asia, while 84 percent are in rural areas—the same regions that are the most vulnerable to the adverse effects of climate change.
  • Topic: Climate Change, Development, Economics, Energy Policy, Environment, Poverty
  • Political Geography: Africa, United States, Asia
  • Author: Liesbet Hooghe, Gary Marks
  • Publication Date: 04-2012
  • Content Type: Working Paper
  • Institution: Kolleg-Forschergruppe "The Transformative Power of Europe"
  • Abstract: This paper suggests that the basic distinction between federal and unitary government has limited as well as served our understanding of government. The notion that variation in the structure of government is a difference of kind rather than degree has straight-jacketed attempts to estimate the authority of intermediate government. One result has been the claim that a country\'s footprint, not its population, is decisive for government. Analyzing data for 39 countries since 1950, and comparing our own findings with those of alternative measurements, we find evidence for the causal effect of population. This can be theorized in terms of a trade-off between responsiveness to soft information and per capita economies in public good provision.
  • Topic: Demographics, Economics, Government
  • Political Geography: United States
  • Author: Anar Valiyev
  • Publication Date: 02-2012
  • Content Type: Working Paper
  • Institution: Istituto Affari Internazionali
  • Abstract: As Azerbaijan celebrates its 20th anniversary of independence, democratic development remains a key challenge facing the country. Despite the fact that Azerbaijan successfully coped with immediate problems such as poverty reduction and economic and political stability, the need to reform the public administration and decentralize governance has become particularly urgent. The main problems, however, remain the same: low public trust in institutions, the absence of a democratic political culture and the lack of bridging social capital. In this regard, the assistance of the Transatlantic Community is necessary. The European Union and the United States should pursue a developmental approach to democracy promotion in Azerbaijan, which has higher chances to succeed than a more explicitly political approach, considering the weak institutional capacity in the country.
  • Topic: Democratization, Development, Economics, Poverty, Governance
  • Political Geography: United States, Europe, Azerbaijan
  • Author: Jeremy A. Leonard
  • Publication Date: 03-2012
  • Content Type: Working Paper
  • Institution: Aspen Institute
  • Abstract: As the United States struggles to find a politically acceptable and economically sensible solution to its severe fiscal crisis, hidden in plain sight just North of the 49th parallel is an example that ought to be considered more carefully. Quietly, but steadily, under governments of all political stripes, Canada has profoundly re-structured its economy, gotten its fiscal house in order, created a competitive business tax environment, and come into its own as a strong economic player in North America and beyond.
  • Topic: Debt, Economics, International Trade and Finance, Markets, Bilateral Relations
  • Political Geography: United States, Canada
  • Author: Dieter Ernst
  • Publication Date: 02-2012
  • Content Type: Working Paper
  • Institution: East-West Center
  • Abstract: For its proponents, America's voluntary standards system is a "best practice" model for innovation policy. Foreign observers however are concerned about possible drawbacks of a standards system that is largely driven by the private sector. There are doubts, especially in Europe and China, whether the American system can balance public and private interests in times of extraordinary national and global challenges to innovation.
  • Topic: Democratization, Economics, Globalization, International Trade and Finance, Markets, Governance
  • Political Geography: United States, China, Europe