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9581. Net Assessment: "Competition Is For Losers"

Author:
Andrea Gilli
Publication Date:
05-2021
Content Type:
Policy Brief
Institution:
NATO Defense College
Abstract:
Under the guidance of the Secretary General Jens Stoltenberg, in 2020 NATO embarked on a reflection process aimed at equipping the Alliance for the challenges of 2030.1 Composed of several parts, actors and phases, the process ul- timately aims to make NATO more relevant in the years ahead when technological disruption, climate change, competition among Great Powers and vio- lent non-state actors will pose new and major threats. Ideas, proposals, and recommendations are coming in from within and from outside the Alliance. Inter- estingly, among the recommendations, several voices have called for NATO to expand its net assessment capabilities.2 For most observers, even in the security and defence world, net assessment is an esoteric word. While many may have heard of Andrew Marshall and the US Department of Defense’s Office of Net As- sessment, most would probably struggle to define the term. This Policy Brief provides a short introduction to the topic: what is net assessment, how and why has it emerged, how reliable is it and how could NATO use it?
Topic:
Defense Policy, NATO, Regional Cooperation, Military Strategy, and Leadership
Political Geography:
Europe, North Atlantic, and North America

9582. NATO, Strategy, and Net Assessment

Author:
Niccolo Petrelli
Publication Date:
05-2021
Content Type:
Policy Brief
Institution:
NATO Defense College
Abstract:
In late 2020, analysts recommended for the first time the establishment within NATO of a net assessment (NA) capability to deal with an in- creasingly complex strategic environment.1 The same recommendation was reiterated in the NATO 2030 report to address the problem of “strategic simultane- ity”: i.e. the emergence of multiple, simultaneous and interconnected threats. According to the Reflection Group appointed by the Secretary General, “NATO should consider creating a new net assessment office [...] with the mission of examining NATO’s strate- gic environment on the basis of agreed threats and challenges across the whole spectrum of military and non-military tools. [...] A net assessment function [...] would bring a systematic methodology distinct from horizon scanning. It would exist to analyse the organisation’s strengths and options [...]”.2 The term NA was first coined in the US during the early 1970s by national security official Andrew W. Marshall to refer to a constellation of concepts and techniques for evaluating relative power. In West- ern usage, however, and for some decades now, it has been employed in a broader sense to denote the function of combining the appreciation of one’s own strength against that of one’s opponents in interna- tional affairs at the highest level.
Topic:
NATO, Regional Cooperation, Military Strategy, and Grand Strategy
Political Geography:
Europe, North Atlantic, and North America

9583. Principles of Nuclear Deterrence and Strategy

Author:
Bruno Tertrais
Publication Date:
05-2021
Content Type:
Research Paper
Institution:
NATO Defense College
Abstract:
This Research Paper seeks to describe and explain the principles of nuclear deterrence and nuclear strategy. It does not defend or take sides – in favour of or against – a particular thesis, concept, idea or school of thought. While it mostly applies to Western conceptions and debates (i.e., the United States, the United Kingdom, France, NATO), most of the points made seem widely shared.1 The paper is structured as an investigation of nuclear strategy, moving stage by stage from the conceptual level to the planning level before setting out the issues that revolve around nuclear deterrence. Following an initial conceptualization of deterrence, the paper looks at its implementation in the nuclear domain. It then describes the various notions associated with nuclear deterrence and nuclear strategy, as well as the related interactions with weapons systems. It also explains the main dilemmas and questions associated with nuclear strategy, offering food for thought on the future of nuclear deterrence. One author suggests that there have been four waves of nuclear deterrence analysis.2 The first of these, in response to the invention of the atom bomb, conceptualized the basis of nuclear deterrence. The second focused on formal theorizing (with the occasional help of game theory), in a world of increasingly diversified nuclear arsenals. The third wave, based on trends observed over a period of many years, used case studies to judge how efficient nuclear weapons had been in deterring aggressions. The fourth wave, leveraging advances in cognitive sciences to challenge the initial “rational actor assumption”, grappled with post-Cold War problems such as so-called rogue states and terrorist networks. We may now be entering a fifth wave, as the expansion of cyberspace and the advent of artificial intelligence and quantum computing may have ramifications for nuclear deterrence. This Research Paper seeks to take stock of this corpus of studies, so as to produce a contemporary framework designed for policy-makers, practitioners and scholars.
Topic:
Defense Policy, NATO, Nuclear Weapons, Regional Cooperation, Military Strategy, and Deterrence
Political Geography:
Europe, North Atlantic, and North America

9584. Volume 71 Issue 1

Author:
Gökhan Karabulut
Publication Date:
01-2021
Content Type:
Journal Article
Journal:
Istanbul Journal of Economics
Institution:
Istanbul University Faculty of Economics
Abstract:
Istanbul Journal of Economics-İstanbul İktisat Dergisi is an open access, peer-reviewed, scholarly journal published two times a year in June and December. It has been an official publication of Istanbul University Faculty of Economics since 1939. The manuscripts submitted for publication in the journal must be scientific and original work in Turkish or English. Being one of the earliest peer-reviewed academic journals in Turkey in the area of economics, Istanbul Journal of Economics-İstanbul İktisat Dergisi aims to provide a forum for exploring issues in basicly economics and publish both disciplinary and multidisciplinary articles. Economics is the main scope of the journal. However, multidisciplinary and comparative approaches are encouraged as well and articles from various social science areas such as sociology of economics, history, social policy, international relations, financial studies are welcomed in this regard. The target group of the journal consists of academicians, researchers, professionals, students, related professional and academic bodies and institutions.
Topic:
NATO, Income Inequality, Economic Growth, Tax Systems, Cryptocurrencies, COVID-19, and OECD
Political Geography:
Turkey and Global Focus

9585. Crime, inequality and subsidized housing: evidence from South Africa

Author:
Roxana Elena Manea, Patrizio Piraino, and Martina Viarengo
Publication Date:
04-2021
Content Type:
Research Paper
Institution:
Centre for International Environmental Studies, The Graduate Institute (IHEID)
Abstract:
We study the relationship between housing inequality and crime in South Africa. We create a novel panel dataset combining information on crimes at the police station level with census data. We find that housing inequality explains a significant share of the variation in both property and violent crimes, net of spillover effects, time and district fixed effects. An increase of one standard deviation in housing inequality explains between 9 and 13 percent of crime increases. Additionally, we suggest that a prominent post-apartheid housing program for low-income South Africans helped to reduce inequality and violent crimes. Together, these findings suggest the important role that equality in housing conditions can play in the reduction of crime in an emerging economy context.
Topic:
Apartheid, Crime, Economics, Law, Inequality, Violence, and Legal Sector
Political Geography:
Africa and South Africa

9586. Can adjustment costs in research derail the transition to green growth?

Author:
Laura Nowzohour
Publication Date:
05-2021
Content Type:
Research Paper
Institution:
Centre for International Environmental Studies, The Graduate Institute (IHEID)
Abstract:
Adjustment costs are a central bottleneck of the real-world economic transition essential for achieving the sizeable reduction of greenhouse gas (GHG) emissions set out by policy makers. Could these costs derail the transition process to green growth, and if so, how should policy makers take this into account? I study this issue using the model of directed technical change in Acemoglu, Aghion, Bursztyn, and Hemous (2012), AABH, augmented by a friction on the choice of scientists developing better technologies. My results show that such frictions, even minor, materially affect the outcome. In particular, the risk of reaching an environmental disaster is higher than in the baseline AABH model. Fortunately, policy can address the problem. Specifically, a higher carbon tax ensures a disaster-free transition. In this case, the re-allocation of research activity to the clean sector happens over a longer but more realistic time horizon, namely around 15 instead of 5 years. An important policy implication is that optimal policies do not act over a substantially longer time horizon but must be more aggressive today in order to be effective. In turn, this implies that what may appear as a policy failure in the short-run | a slow transition albeit aggressive policy | actually re ects the efficient policy response to existing frictions in the economy. Furthermore, the risk of getting environmental policy wrong is highly asymmetric and `robust policy' implies erring on the side of stringency.
Topic:
Climate Change, Economics, Environment, Economic Growth, Green Technology, Economic Policy, Renewable Energy, and Sustainability
Political Geography:
Global Focus

9587. Burn Brightly and Fade Fast: The Story of Sun Records

Author:
KC Harris and Christopher McKenna
Publication Date:
04-2021
Content Type:
Case Study
Institution:
Oxford Centre for Global History
Abstract:
Rock ‘n’ roll owes its origins to a one-room converted auto repair shop in Memphis, Tennessee and a man named Sam Phillips. As a talent scout, producer, and record-label operator, Sam Phillips defined the genre of rock ‘n’ roll and, consequently, the evolution of popular music in the 20th century through his label Sun Records.1 From his tiny recording studio in Memphis, Phillips discovered Elvis Presley, Johnny Cash, Carl Perkins, Howlin’ Wolf, Jerry Lee Lewis, B.B. King, and many more famous performers. Situated at a geographic and cultural crossroads in Memphis, between Nashville, the home of country music, and Chicago, the capital of the Blues, Sun Records codified the new sound of rock ‘n’ roll, which bridged racial, economic, and generational divides in the 1950s and 60s.
Topic:
History, Capitalism, and Music
Political Geography:
United States

9588. Discounting Gold: Money and Banking in Gold Rush California

Author:
Jonathan Tiemann and Christopher McKenna
Publication Date:
04-2021
Content Type:
Case Study
Institution:
Oxford Centre for Global History
Abstract:
Two momentous events early in 1848 completely and abruptly transformed California. On 24 January, James Marshall found gold in a millrace he was building for John Sutter at Coloma, on the South Fork of the American River. Nine days later, on 2 February, the United States and Mexico concluded the Treaty of Guadalupe Hidalgo, ending nearly two years of hostilities. Under the Treaty, Mexico ceded much of the present south-western United States to the US for monetary consideration. An American occupation government had ruled most of California since mid-1846, but neither the American military governor nor the earlier Mexican governors had held firm political control over the remote, sparsely populated territory. 1 Now, the problem was fully in the hands of the Americans.
Topic:
Economics, History, Monetary Policy, Capitalism, Currency, and Banking
Political Geography:
United States

9589. COVID-19 in Africa: The implications for macroeconomic and socioeconomic dimensions

Author:
Mma Amara Ekeruchera
Publication Date:
04-2021
Content Type:
Working Paper
Institution:
Centre for the Study of the Economies of Africa (CSEA)
Abstract:
The COVID-19 outbreak began in December 2019 in the Wuhan city of China and has continued to spread globally. As of this writing, 28.2 million cases have been recorded globally with 910,000 deaths. Aside the health impact, the pandemic has led to an unprecedented disruption in economic activities, initiating a sudden demand, supply, and financial shock. The mitigation strategies put in place by governments across the world to curb the virus as well as the uncertainty associated with the pandemic has led to a reduction in the consumption of non-essential commodities. Meanwhile, disruptions to global supply chains in a closely connected world as well as the reduced demand have necessitated a slowdown in production. Furthermore, investors have become more risk averse with the prices of risk assets falling to levels experienced in the 2007-20008 global financial crisis. To counteract the fall in private sector demand, stabilize the financial system, and ensure economic recovery, governments and central banks across the world have deployed a range of policies and programmes. Central banks are cutting policy rates and providing direct liquidity to the financial system. Federal and sub-national governments are providing tax relief, cash transfers, and employee retention schemes to alleviate the burden on affected individuals and businesses. Africa is not left behind as governments have increased spending plans (about 1.9% of their GDP) and central banks are adopting more accommodating monetary policies.
Topic:
Economics, Health, Monetary Policy, Central Bank, Macroeconomics, Pandemic, COVID-19, Socioeconomics, and Supply Chains
Political Geography:
Africa

9590. "The 100 Years' War on Palestine" Teach-In

Author:
Rashid Khalidi
Publication Date:
05-2021
Content Type:
Video
Institution:
Center for Security, Race and Rights (CSRR), Rutgers University School of Law
Abstract:
Teach-In with Professor Rashid Khalidi
Topic:
Israeli–Palestinian Conflict
Political Geography:
Israel and Palestine