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43601. Would a Southeast Asian rice futures market be feasible, and what of food security?

Author:
Sally Trethewie
Publication Date:
05-2012
Content Type:
Policy Brief
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
In 2010, it was proposed that Singapore consider hosting an international rice futures market, with cited benefits being enhanced price discovery and price stabilisation. The RSIS Centre for Non-Traditional Security (NTS) Studies hosted an Expert Working Group Meeting in Singapore in March 2012 to discuss the feasibility of this proposal. The market conditions of the Southeast Asian rice sector are seen as an impediment to the operation of an international futures contract, although opinion is divided as to the degree that these conditions would affect a contract. Whether feasible or not, the proposal for a rice futures market raises several issues related to the region's food security, in particular, the potential impact of futures trading on rice price volatility and the livelihoods of smallholder farmers. This NTS Policy Brief provides a summary of these issues and presents considerations for Southeast Asian policymakers.
Topic:
Agriculture, Development, International Trade and Finance, Markets, and Food
Political Geography:
Singapore and Southeast Asia

43602. FDI, catch-up growth stages and stage-focused strategies

Author:
Terutomo Ozawa
Publication Date:
05-2012
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
This is a reply to Francisco Sercovich's commentary on my Perspective on FDI-led industrial takeoff in which I described foreign direct investment (FDI) as an ignition for catch-up industrialization. He emphasized "the rich and nuanced variety of strategic options" (e.g., S policies, engineering education, chaebol-type enterprises for technology absorption, R capabilities), which are, however, relevant only to higher-stages of catch-up, but notto the kick-off stage with which my previous Perspective was concerned. Economic development derives from structural changes at different stages of growth, requiring stages-focused strategies.
Topic:
Development, Economics, International Trade and Finance, Markets, and Foreign Direct Investment

43603. Economic patriotism: Dealing with Chinese direct investment in the United States

Author:
Sophie Meunier
Publication Date:
05-2012
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
China is investing throughout the world, in industries from automobiles to zinc. In the US, Chinese foreign direct investment (FDI) accounted for only 0.25% of total FDI stock in 2010,but it is likely to increase as China diversifies its holdings and seeks to obtain technology, managerial know-how and easier access to US consumers. As these investments multiply, we expect a few cases to attract negative attention in the media and political arena. Chinese companies are predominately state-controlled, raising the specter that they act to fulfill strategic, rather than profit maximizing, goals. China is also an ideological rival, causing irrational concern that Chinese investment in the US may act as a Trojan Horse of Chinese values and politics --fueled by rational concerns about subsidies, piracy, and economic espionage.
Topic:
Economics, International Trade and Finance, and Foreign Direct Investment
Political Geography:
United States and China

43604. India in Afghanistan: A Rising Power or a Hesitant Power?

Author:
Harsh Pant
Publication Date:
04-2012
Content Type:
Working Paper
Institution:
Centre for International Peace and Security Studies
Abstract:
Indian diplomacy faced a major setback at the Afghanistan Conference in London in January 2010, where Indian concerns were summarily ignored. In one stroke, Pakistan rendered New Delhi irrelevant in the evolving security dynamic in Afghanistan. When Indian External Affairs Minister S.M. Krishna underscored the folly of making a distinction “between good Taliban and bad Taliban,” he was completely out of sync with the larger mood at the conference. Days before this much-hyped conference, senior U.S. military commanders were suggesting that peace talks with the Taliban may be imminent and that Taliban members might even be invited to join the government in Kabul. The West had made up its mind that it was not a question of if, but when and how to exit from Afghanistan, which seemed to be becoming a quagmire for the leaders in Washington and London.
Topic:
International Relations, Foreign Policy, Terrorism, War, Power Politics, and Counterinsurgency
Political Geography:
Pakistan, Afghanistan, United States, Washington, India, Taliban, London, and New Delhi

43605. Diplomacy as Impression Management: Strategic Face-Work and Post-Colonial Embarassment

Author:
Rebecca Adler-Nissen
Publication Date:
03-2012
Content Type:
Working Paper
Institution:
Centre for International Peace and Security Studies
Abstract:
This paper proposes to understand diplomacy as a form of impression management. Drawing on Erving Goffman's dramaturgy, I show how diplomats seek to repair sudden cracks in the fragile international order. I analyse Greenland's and the Faroes' puzzling ability to continue controversial seal and whale hunting despite massive international regulation and criticism. In diplomatic negotiations, the two former Danish colonies use post-colonial embarrassment and irony to push Denmark into negotiating an exemption to the EU's ban on seal products in 2009 and defend pilot whale hunting in the Faroes. Analysing diplomacy as impression management implies, first, that diplomacy cannot be seen as a one-to-one reflection of the relative capabilities or identities of the involved states. Rather, diplomacy should be understood as a social world of its own, abiding to its own rules, norms and codes of conduct. Its inhabitants may represent national interests but they also defend particular views of cosmos and they are saving face. Second, a focus on face-work and social order may help explain both the "conformist" bias of diplomacy and the way it may enable contestation of hierarchies.
Topic:
Diplomacy and Post Colonialism
Political Geography:
Europe, Denmark, and Greenland

43606. Political Reforms in Malaysia: Winds of Change or Hot Air?

Author:
Justina Chen
Publication Date:
05-2012
Content Type:
Policy Brief
Institution:
East-West Center
Abstract:
Since Malaysia Day last September, the administration of Prime Minister Najib Tun Razak has undertaken a whirlwind of legislative and policy reforms—making Najib arguably the most reformist Malaysian prime minister ever. Political pundits remark that the rushed reforms which were undertaken without consultation with key stakeholders are a sign that a general election is imminent, perhaps to be held in less than two months. Over the course of the last six months there have been a record number of legislative forms including: repeal of the infamous Internal Security Act; amendments to the University and University Colleges Act and the Printing Presses and Publications Act; announcement of a minimum wage policy as well as the passing of the Security Offenses Bill and Peaceful Assembly Act.
Topic:
Islam, Politics, Governance, and Law
Political Geography:
Malaysia and Southeast Asia

43607. UK-Japan Defense Cooperation: Britain Pivots and Japan Branches Out

Author:
Philip Shetler-Jones
Publication Date:
05-2012
Content Type:
Policy Brief
Institution:
East-West Center
Abstract:
During his recent visit to Japan, British Prime Minister David Cameron signed a landmark defense cooperation agreement with Japanese Prime Minister Yoshihiko Noda making the United Kingdom Japan's only defense technology partner after the United States. The agreement comes just months after Japan relaxed its post-World War II restrictions on its participation in international research, development and trade in defense equipment. There are few publicly-available specifics on the deal, but official statements from Tokyo suggest the plan is to start small and slowly increase cooperation. Artillery and tank technology has been mentioned; along with helicopters, mine detection and chemical protection suits.
Topic:
Defense Policy, Arms Control and Proliferation, Science and Technology, Treaties and Agreements, War, Biosecurity, and Bilateral Relations
Political Geography:
United States, Japan, and Tokyo

43608. Rising Tensions Over China's Monopoly on Rare Earths?

Author:
Jane Nakano
Publication Date:
05-2012
Content Type:
Policy Brief
Institution:
East-West Center
Abstract:
The United States, Japan, and the European Union—the three key consumers of Chinese rare earth materials—formally complained to the World Trade Organization (WTO) in March about Chinese restrictions on its rare earth exports. Several weeks later, China announced the establishment of a 150-plus member association with the official aim of promoting sustainable development within this sector. Some analysts wonder if this is part of a Chinese plan to circumvent international complaints by instituting an oligopolistic arrangement to control its rare earth exports. Others ask if this could be another step in an escalating dispute with China over the global supply of rare earth materials.
Topic:
International Relations, Development, International Trade and Finance, Markets, and Natural Resources
Political Geography:
United States, Japan, China, and Europe

43609. Reluctant India, Rising China and Alliance Politics in the Asia-Pacific

Author:
Yogesh Joshi
Publication Date:
04-2012
Content Type:
Policy Brief
Institution:
East-West Center
Abstract:
US President Barack Obama used his 2012 State of the Union speech to explain that evolving geopolitical realities continue to make the United States indispensable in global politics. In the Asia-Pacific this indispensability emanates, in part, from the waves caused by the rise of China. Consequently, demands for an increased US presence echo around the region. In response, the United States has renewed its commitments to Japan, South Korea and Australia, stepped up its relations with Southeast Asia, and reasserted itself as an important player in multilateral institutions including the East Asia Summit, APEC, and ASEAN. Clearly, in the 21st century, US strategic focus has shifted from the Atlantic Ocean to the Pacific and Indian Oceans.
Topic:
Foreign Policy, Defense Policy, International Security, and Power Politics
Political Geography:
United States, Japan, China, India, South Korea, Australia, and Southeast Asia

43610. Burma/Myanmar's By-Elections: Will Personalities Trump Institutions?

Author:
Tin Maung Maung Than
Publication Date:
04-2012
Content Type:
Policy Brief
Institution:
East-West Center
Abstract:
By-elections in electoral democracies usually elicit very little excitement beyond the affected constituencies. However, Burma/Myanmar's recent by-elections held most of Asia and the West in rapt attention, with droves of international observers, media representatives, and curious foreigners flocking to Myanmar on an unprecedented scale. As anticipated, Daw Aung San Suu Kyi and her party, the National League for Democracy (NLD), won 43 of the 44 seats that it contested, subsequently hailed as the “victory of the people.” The lead-up, campaigning, and the actual voting, along with the post-election euphoria, resembled a regime-changing national election rather than a series of by-elections that secured the NLD a very minor 6.4 percent of the overall seats in the parliamentary Union Assembly's Lower and Upper Houses. The current government of President U Thein Sein most likely regarded these by-elections as a means of legitimizing its mandate to govern and enhance its own reform credentials.
Topic:
Civil Society, Democratization, Human Rights, Politics, Regime Change, and Political Activism
Political Geography:
Asia and Myanmar