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1. How Monarchies End

Author:
Stephen Grand
Publication Date:
06-2023
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
In a new Scowcroft Middle East Security Initiative issue brief, “How Monarchies End”, Atlantic Council’s Nonresident Senior Fellow Stephen R. Grand flips the analytical script on the spate of notable publications covering “how democracies die.” Grand examines what happens when autocratic rule corrodes and what pushes it to ultimately crumble. Under what circumstances do kings and queens, emperors and caliphs, cease to rule — either because their throne is transformed into a more ceremonial post or because they lose power entirely? For the eight remaining Arab monarchs, the downfall of their former global peers offer critical insights and parallels. The issue brief examines these topics and provides strategies for managing challenges to power, as well as a series of lessons for Arab monarchs to consider.
Topic:
Politics, Reform, Monarchy, and Resilience
Political Geography:
Middle East and Gulf Nations

2. Authoritarian kleptocrats are thriving on the West’s failures. Can they be stopped?

Author:
Francis Shin and Ben Judah
Publication Date:
01-2023
Content Type:
Special Report
Institution:
Atlantic Council
Abstract:
A hidden web of power revealed itself to Internet users in early 2022. Following a brutal government crackdown in Kazakhstan in January, anyone using open-source flight-tracking websites could watch kleptocratic elites flee the country on private jets. A little more than a month later, Russia’s invasion of Ukraine brought a new spectacle: social media users were able to track various oligarchs’ superyachts as they jumped from port to port to evade Western sanctions. These feeds captured a national security problem in near real time: In Eurasia and beyond, kleptocratic elites with deep ties to the West were able to move themselves and their assets freely despite a host of speeches by senior officials, sanctions, and structures designed to stop them. Kleptocratic regimes—kleptocracy means “rule by thieves”—have exploited the lax and uneven regulatory environments of the global financial system to hide their ill-gotten gains and interfere in politics abroad, especially in the United States, the United Kingdom, and the European Union. They are aided in this task by a large cast of professional enablers within these jurisdictions. The stronger these forces get, the more they erode the principles of democracy and the rule of law. Furthermore, the international sanctions regime imposed on Russia in response to its invasion of Ukraine has little hope of long-term success if the global financial system itself continues to weaken. The West still has a long way to go to rein in the authoritarian kleptocrats who have thrived on the institutional dysfunction, regulatory failure, and bureaucratic weakness of the transatlantic community for far too long. We need to rethink not just how we combat kleptocracy, but also how we define it. Policy makers need to understand that authoritarian regimes that threaten transatlantic security are closely linked to illicit financial systems. As it stands, our thinking about how foreign corruption spreads is too constrained by stereotypes about kleptocratic goals and actions.
Topic:
Corruption, Diplomacy, Intelligence, Politics, Sanctions, Authoritarianism, Reform, European Union, Regulation, Finance, Economy, Rule of Law, and Russia-Ukraine War
Political Geography:
Russia, United Kingdom, Europe, Ukraine, Canada, and United States of America

3. Iraq: Implementing a way forward

Author:
C. Anthony Pfaff, Ben Connable, and Masoud Mostajabi
Publication Date:
04-2022
Content Type:
Special Report
Institution:
Atlantic Council
Abstract:
A new report, Iraq: Implementing a Way Forward, authored by Atlantic Council staff and fellows C. Anthony Pfaff, Ben Connable, and Masoud Mostajabi lays out findings and recommendations to assist the Iraqi government and its international partners in improving political, social, economic, and security conditions to enhance national stability, stabilize Iraq’s democratic processes, and promote broad-based, Iraqi-generated economic growth. The report draws on two years of engagement with experts from Iraq, the United States, and Europe through a US-Europe-Iraq Track II Dialogue convened from March 2020 through December 2021. Convened by the Atlantic Council’s Iraq Initiative and the Konrad-Adenauer-Stiftung with support from DT Institute, the Dialogue consisted of a series of workshops to identify policies to help address Iraq’s political, socioeconomic, and security challenges. Dialogue participants included former and current high-level officials and experts, all of whom are committed to a better future for Iraq.
Topic:
Politics, Reform, Economy, Youth, Legitimacy, Identity, Foreign Assistance, and Resource Management
Political Geography:
Iraq and Middle East

4. Improving tax policy in Latin America and the Caribbean: A balancing act

Author:
Felipe Larraín B. and Pepe Zhang
Publication Date:
12-2022
Content Type:
Special Report
Institution:
Atlantic Council
Abstract:
Latin America and the Caribbean is in the midst of a delicate economic transition, with five of the LAC6 countries attempting a tax reform before their GDPs recovered to pre-pandemic levels.1 As the region confronts rising inflation, the economic spillovers of the war in Ukraine, and budgetary pressures left behind by the pandemic, governments should improve their taxation systems to rebuild fiscal stability, stimulate growth, and enhance equity – a delicate balancing act among overlapping policy priorities. Regional taxes are a heavy administrative burden, requiring nearly twice the time to complete in LAC as in the OECD.2 At the same time, the region struggles with average tax evasion of 5.6 percent of GDP3 and a continued overreliance on corporate income taxes.4 With still-high public debts and fiscal deficits, governments must respond by implementing policies to streamline and modernize revenue collection and management. What are the pros and cons and trade-offs involved in increasing or decreasing the region’s three main taxes (VAT, PIT, and CIT)? How can governments optimize enforcement and collection without resorting to rate changes? What policies outside the tax authority are needed to support tax reforms? How can policymakers better navigate the thorny politics of tax reforms? The following pages provide new analysis and concrete recommendations to address these questions. Drawing on the powerful expertise of its authors in addition to valuable commentary and insight from private, nonpartisan strategy sessions, legal experts, and regional governments, this report is a strong addition to the Adrienne Arsht Latin America Center’s #ProactiveLAC Series, which aims to provide insight and foresight to LAC countries on how to advance economic reactivation and long-term prosperity.
Topic:
Markets, Reform, Economic Growth, Tax Systems, Macroeconomics, Fiscal Policy, Financial Institutions, and Inclusion
Political Geography:
Latin America and Caribbean