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  • Publication Date: 02-2001
  • Content Type: Working Paper
  • Institution: Board of Governors of the Federal Reserve System
  • Abstract: The task forces see a spectrum of threats to the homeland emerging. The 2000 summer study begins a series of studies byt he Defense Science Board aimed at assisting the Department of Defense and the Intelligence Community in defining their roles in protecting the nation from unconventional attacks on the United States. Other studies now planned as part of this series of studies include Defense Against Chemical Warfare Attack: Countering the Strategic Nuclear Threat in the 21st century; a follow-up study on Intelligence on Threats to the Homeland; and a second study on the issues associated with Defense Against Biological Warfare Attack. The focus of all these DSB studies is on identifying the technology and operational capability needed to protect the homeland. It is not on the assignment of roles and missions for employing said capabilities. Significant recommendations are made in these reports including suggestions for implementation.
  • Topic: Defense Policy, Development, Science and Technology
  • Political Geography: United States
  • Author: Ralph Chatham, Joe Braddock
  • Publication Date: 01-2001
  • Content Type: Working Paper
  • Institution: Board of Governors of the Federal Reserve System
  • Abstract: In late 1998 the Undersecretary of Defense (Personnel Readiness), the Director, Defense Research and Engineering, and the Joint Chiefs of Staff requested the Defense Science Board to create a task force on training and education. Drs. Joe Braddock and Ralph Chatham were appointed co-chairmen. The task force met periodically throughout 1999 and early 2000. This document is the report of our deliberations.
  • Topic: Defense Policy, Development, Science and Technology
  • Political Geography: United States
  • Publication Date: 12-2000
  • Content Type: Working Paper
  • Institution: Board of Governors of the Federal Reserve System
  • Abstract: During the past two years, the National Intelligence Council and the Bureau of Intelligence and Research of the US Department of State sponsored a working group and four seminars with experts from outside the Intelligence Community to examine the impact of societal and infrastructural factors on Russia's future over the next two decades. The factors identified--demography, health, intellectual capital, and physical infrastructure--all pose great challenges to Russia. The purpose of the project was to begin to think through in systematic fashion the difficulties and opportunities confronting Russia's leadership in these four specific areas.
  • Topic: Demographics, Development, Government
  • Political Geography: Russia, United States
  • Publication Date: 11-2000
  • Content Type: Working Paper
  • Institution: Board of Governors of the Federal Reserve System
  • Abstract: Imagine trying to win an overseas air war where target intelligence can be gathered only part of the day, where aerial refueling is hampered by inability to fly in close formation under prevailing weather conditions, and where many newly developed radio systems for air, sea, and land forces don't work the way they did back in the U.S. Sound unlikely? It isn't - these constraints limited the U.S. forces' ability to operate to maximum efficiency during the Kosovo campaign. These restrictions on U.S. military equipment did not arise from sabotage, maintenance failures, or enemy countermeasures - they resulted from the Department of Defense (DoD) acquisition system's failure to insist on qualifying spectrum allocations for new systems that depend on access to the radio frequency spectrum. Without such qualification, systems that function well in the U.S. may not be usable abroad. Unless new systems' use of radio frequencies is qualified, they may interfere with other military users or with critical civilian users of the radio spectrum, even at home.
  • Topic: Defense Policy, Development, Science and Technology
  • Political Geography: United States
  • Publication Date: 11-2000
  • Content Type: Working Paper
  • Institution: Board of Governors of the Federal Reserve System
  • Abstract: The Defense Science Board (DSB) Task Force on Defense Software was formed in September 1999 and tasked to: Review the findings and recommendations of previous Department of Defense (DoD) -wide studies on software development and acquisition Assess the current environment to identify changes since previous studies Assess the current state of software development programs – both DoD and Commercial Identify focused recommendations to improve performance on DoD software intensive programs.
  • Topic: Defense Policy, Development, Science and Technology
  • Political Geography: United States
  • Publication Date: 12-2000
  • Content Type: Working Paper
  • Institution: Board of Governors of the Federal Reserve System
  • Abstract: In April 2000, the National Intelligence Council sponsored a conference that examined the strategic dynamics of the Central Asian countries of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan, and the South Caucasus countries of Armenia, Azerbaijan, and Georgia. The conference brought together approximately 100 government and outside experts, including officials and scholars from the countries concerned. It consisted of six panels with presentations from more than 30 academic and regional experts, followed by question-and-answer sessions. The purpose of the conference was not to arrive at a consensus but to deepen understanding of the region.
  • Topic: Development, Government
  • Political Geography: Central Asia, Eastern Europe, Georgia
  • Publication Date: 06-2000
  • Content Type: Working Paper
  • Institution: Board of Governors of the Federal Reserve System
  • Abstract: In the years since WWII, the global private sector has come to dominate the development of technology and the manufacturing capabilities for a number of technologies of critical importance to the Defense Department of the Military Services. Examples include information systems, propulsion systems such as gas turbines and logistics systems.
  • Topic: Defense Policy, Development, Science and Technology
  • Political Geography: United States
  • Publication Date: 05-2000
  • Content Type: Working Paper
  • Institution: Board of Governors of the Federal Reserve System
  • Abstract: In a recent conference, trade experts identified three primary reasons the World Trade Organization (WTO) failed to launch a new trade Round at its December 1999 Ministerial. First, leading members were unable to resolve differences on critical issues prior to the gathering. In addition, many developing countries and nongovernmental organizations were more assertive than they had been at previous conferences. Finally, in recent years, the WTO has expanded the range of issues it addresses, which has made efforts to reach a consensus on any point more difficult. According to the speakers, as a result of the acrimonious Ministerial, the WTO has suffered a substantial loss of credibility, which will impair efforts to launch a new Round in the near term. There is no immediate alternative to strong US leadership, and WTO negotiations will be more complicated because developing countries and nongovernmental organizations will be more inclined to resist trade liberalization efforts that they believe do not advance their interests. Experts at the conference offered a variety of assessments regarding the course the WTO might choose to follow this year. The majority argued that if the trade body is seeking to rebuild confidence, it could continue with scheduled meetings on agriculture and services and use the time to rebuild confidence. A minority, however, held that the forum is too fractured to make progress, thus talks would only undermine the already declining prestige of the trade body. The experts identified several long-run challenges that the WTO will probably need to address to be an effective decisionmaking institution, including: Bridging the developed-developing country gap Costa Rica, Mexico, and South Africa generally support trade liberalization and have credibility among developed and developing states; thus they are in a position to meld the interests of the two sides. Enacting institutional reforms The organization's expansive agenda and large membership require that it adopt policies that facilitate decisionmaking, especially before new members such as China and Russia join. The trade body may try to increase transparency to promote greater trust in its procedures. Also, to avoid protracted and bitter selections such as the forum suffered last year, the WTO could review its procedures for electing a new director general. Managing the backlash against globalization Supporters of freer trade could launch a massive educational program to highlight the gains for all countries from expanded trade and to counter the dire assertions made by nongovernmental organizations (NGOs).
  • Topic: Foreign Policy, Development, Economics, International Trade and Finance
  • Political Geography: Russia, China
  • Publication Date: 08-1999
  • Content Type: Working Paper
  • Institution: Board of Governors of the Federal Reserve System
  • Abstract: The views expressed are those of individuals and do not represent official US intelligence or policy positions. The NIC routinely sponsors such unclassified conferences with outside experts to gain knowledge and insight to sharpen the level of debate on critical issues.
  • Topic: Development, Economics, Politics
  • Political Geography: United States, Ukraine, Eastern Europe
  • Author: Chan Huh
  • Publication Date: 01-1996
  • Content Type: Working Paper
  • Institution: Board of Governors of the Federal Reserve System
  • Abstract: This paper examines the dynamic relationship between changes in the finds rate and nonborrowed reserves within a reduced form framework that allows the relationship to have WO distinct patterns over time. A regime switching model a la Hamilton (1989) is estimated. On average, CPI inflation has been significantly higher in the regime and volatile changes in funds rate. Innovations in money growth are characterized by large associated with a strong anticipated inflation effect in this high inflation regime, and a moderate liquidity effect in the low inflation regime. Furthermore, an identical money innovation generates a much bigger increase in the interest rate during a transition period from the low to high inflation regime than during a steady high inflation period. This accords well with economic intuition since the transition period is when the anticipated inflation effect initially gets incorporated into the interest rate. The converse also holds. That is, the liquidity effect becomes stronger when the economy leaves a high inflation regime period and enters a low inflation regime period.
  • Topic: International Relations, Development, Economics, International Trade and Finance