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58242. The Costs and Benefits of Korean Unification
- Author:
- Marcus Noland, Sherman Robinson, and Li-gang Liu
- Publication Date:
- 03-1998
- Content Type:
- Working Paper
- Institution:
- Walter H. Shorenstein Asia-Pacific Research Center
- Abstract:
- Existing estimates of the costs of unification are inadequate for a number of reasons. In this paper we use a dynamic computable general equilibrium model to calculate South Korean and total peninsular income streams under a variety of unification (and non–unification) scenarios. We find that there are scenarios in which the present discounted value of South Korean income is higher with unification than without it. Although lower income groups in South Korea experience reduced incomes under this scenario, with redistribution of the gains, everyone can be made better off. Indeed, this scenario, which involves relatively low levels of South Korean private investment in the North together with relatively high levels of North–South migration, is also the one which generates the highest level of total peninsular income as well. The latter point is critical in that it suggests that there is no necessary conflict between the economic interests of North and South Koreans after unification.
- Topic:
- Security, Economics, International Organization, and Political Economy
- Political Geography:
- Israel, East Asia, and Korea
58243. China's Accession to and Implementation of International Environmental Accords 1978 - 95
- Author:
- Michel Oksenberg and Elizabeth Economy
- Publication Date:
- 02-1998
- Content Type:
- Working Paper
- Institution:
- Walter H. Shorenstein Asia-Pacific Research Center
- Abstract:
- China's performance in numerous environmental areas—emission of greenhouse gases, use of ozone-depleting substances, reduction of sulphur dioxide emissions, or exploitation of fishing grounds in the western Pacific—will help determine the success of various global and regional environmental protection efforts. And as the World Bank's recent study Clear Water, Blue Skies: China's Environment in the New Century documents, the quality of life within China will be greatly affected by efforts to protect air, water, and soil, all of which are under heavy assault.
- Topic:
- Environment and International Cooperation
- Political Geography:
- China and Asia
58244. Integration on the Basis of Strength: China's Impact on East Asian Security
- Author:
- Wu Xinbo
- Publication Date:
- 02-1998
- Content Type:
- Working Paper
- Institution:
- Walter H. Shorenstein Asia-Pacific Research Center
- Abstract:
- China is perhaps the most important variable in East Asian security, not only because of its growing power but also because of the great uncertainty over its future. Therefore, to assess China's impact on regional security, one question should be tackled first: what will China look like in the future? There are three different schools of thought concerning China's future: the “implosion" school holds that China, unable to cope with a wide array of social, economic, and political challenges created by its rapid economic growth, will follow in the footsteps of the former Soviet Union and “implode" the “expansion" school argues that as China gradually builds up its material strength, Beijing will wield its weight and seek to establish hegemony in the region; and the “integration" school believes that as China's economy further merges with the world economy, Beijing's internal and external behaviors will slowly but inevitably conform to international norms, and China will become a more responsible and more cooperative member of the world community.
- Topic:
- International Relations, Security, and Defense Policy
- Political Geography:
- China, Israel, Beijing, East Asia, Asia, and Soviet Union
58245. Energy and Security in East Asia
- Author:
- Michael May
- Publication Date:
- 01-1998
- Content Type:
- Working Paper
- Institution:
- Walter H. Shorenstein Asia-Pacific Research Center
- Abstract:
- This study examines the likely security consequences of the continued growth in energy consumption in East Asia, and in particular: The dimensions of that growth which are likely to have an effect on international security. The dependencies and insecurities created by that continued growth. The policy guidance that can be derived for the United States from a review of those dependencies and insecurities.
- Topic:
- Security, Economics, Energy Policy, and International Political Economy
- Political Geography:
- Israel and East Asia
58246. The Japan-America Security Alliance: Prospects for the Twenty-First Century
- Author:
- Daniel Okimoto
- Publication Date:
- 01-1998
- Content Type:
- Working Paper
- Institution:
- Walter H. Shorenstein Asia-Pacific Research Center
- Abstract:
- By almost any criterion of success—be it cost–effectiveness, risk–reward ratio, multiplier effects, or sheer longevity, the Japan America Security Alliance (JASA) stands out as one of the most successful alliances in twentieth century history. For the United States, chief architect of a global network of military relationships, JASA is arguably the most important of its many bilateral alliances. In terms of historic impact, JASA is comparable to the North Atlantic Treaty Organization (NATO), a multilateral alliance that restructured the European security landscape in 1949. For nearly a half–century, JASA and NATO have functioned as the bedrock on which the Cold War security systems of Asia and Europe have been constructed.
- Topic:
- Security
- Political Geography:
- United States, Japan, America, Europe, and Asia
58247. The Emerging EU Tax Policy
- Author:
- Karel Lannoo
- Publication Date:
- 05-1998
- Content Type:
- Policy Brief
- Institution:
- Centre for European Policy Studies (CEPS)
- Abstract:
- The agreement reached in the Council of EU Finance Ministers (Ecofin) on 1 December 1997 on taxation policy can be considered as a landmark in EU direct tax harmonisation. The Council agreed on a package of measures to combat harmful tax competition in the EU, including a code of conduct on corporate taxation and elements which should enable the Commission to draft a new proposal for a directive on the taxation of income from savings. The Council invited the Taxation Policy Group to continue its work and instituted a Review Group to assess harmful tax competition. The first and, until now, last EU measures in the area of direct taxation date back to 1990. These abolished double taxation between enterprises of the same group.
- Topic:
- Government and Political Economy
- Political Geography:
- Europe
58248. MILOSEVIC: DÉJÀ VU ALL OVER AGAIN?
- Publication Date:
- 12-1998
- Content Type:
- Working Paper
- Institution:
- International Crisis Group
- Abstract:
- In the past few weeks the Belgrade authorities have sacked a number of key public officials. The two most prominent were security chief Stanisic and head of the army general staff Perisic. The firings triggered much speculation in the international media about the stability of Yugoslav President Slobodan Milosevic's regime. According to one interpretation, the sackings signal a fundamental weakness in government ranks, with Milosevic moving pre-emptively to oust potential rivals to his authority. Alternatively, the sackings may represent an attempt by the Yugoslav President to further consolidate his power base and to effectively rule with the backing of Yugoslavia's military and security establishments. Both Stanisic and Perisic were seen as Milosevic's opponents on several key policies, notably Belgrade's handling of relations with the Kosovo Albanians. Both Perisic and Stanisic, reportedly moderates not favouring the use of severe force against the Kosovars, have been replaced by Milosevic "yes-men" regarded as proponents of a violent resolution of the Kosovo question. If this is even in part the case, Stanisic's and Perisic's sackings do not necessary reflect a weakness in Milosevic's rule. Instead, the sackings may only signal Milosevic's resolve to return to force as a means of regional problem solving.
- Topic:
- Security, Diplomacy, Government, and Politics
- Political Geography:
- Eastern Europe, Kosovo, and Yugoslavia
58249. To Build A Peace: Recommendations For The Madrid Peace Implementation Council Meeting
- Publication Date:
- 12-1998
- Content Type:
- Working Paper
- Institution:
- International Crisis Group
- Abstract:
- Three years after the Dayton Peace Agreement (DPA) ended the war in Bosnia and Herzegovina (Bosnia), the country has many of the trappings usually associated with statehood such as a common flag, currency, vehicle licence plate and passport. However, these and other breakthroughs have generally required disproportionate amounts of time and effort on the part of the international community and have all too often been rammed through in spite of Bosnia's domestic institutions. Despite visible progress towards many of the goals contained within the DPA, therefore, Bosnia's peace still gives the impression that it is built on shifting sands. Moreover, although critical to the peace process, the scale of the international presence, which increasingly resembles a protectorate, is in some ways counter-productive to Bosnia's long-term future. On the one hand, domestic institutions and politicians have to a large extent given up responsibility for governing their own country. On the other, the massive international stake has led key international players to declare the peace process a success, irrespective of how it is actually evolving. The international presence is also extremely expensive, costing some $9 billion a year.
- Topic:
- Conflict Prevention, Politics, and Treaties and Agreements
- Political Geography:
- Bosnia, Herzegovina, and Eastern Europe
58250. Change in the Offing: The Shifting Political Scene in Croatia
- Publication Date:
- 12-1998
- Content Type:
- Working Paper
- Institution:
- International Crisis Group
- Abstract:
- The Croatian Democratic Union (HDZ) has dominated Croatian political life since multi-party elections in April 1990 brought an end to communist rule. The HDZ has been a broad movement rather than a modern political party, representing a wide range of political views and interests, united behind its leader, President Franjo Tudjman, in the aim of achieving Croatian sovereignty and independence. In 1990-91, large areas of the country were taken over by rebellious Croatian Serbs, with support from Belgrade. Thus for most of the period of HDZ rule in Croatia, large chunks of the country remained outside Zagreb's control, and the overriding priority was to restore Croatia's territorial integrity, a goal which was finally achieved in January 1998. Croatia also became enmeshed in the war in Bosnia and Herzegovina (Bosnia) as, supported by Croatia, the Bosnian Croats fought their erstwhile Bosniac allies in 1993-94. The obsession of Tudjman and the hard-line Herzegovina lobby in the HDZ with the dream of eventually detaching chunks of Bosnian territory and joining them with Croatia has been a persistent cause of international pressure on Croatia, as well as of division within Croatian politics.
- Topic:
- Security, Politics, and Sovereignty
- Political Geography:
- Bosnia, Herzegovina, Eastern Europe, and Croatia