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57661. Coming Home or Moving Home? "Westernising" Narratives in Finnish Foreign Policy and the Re-interpretation of Past Identities

Author:
Chris Browning
Publication Date:
01-1999
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs (FIIA)
Abstract:
Since the end of the Cold War it is widely accepted that Finnish foreign policy has oriented increasingly towards the 'West', the most pertinent and concrete example of which, to date, has been accession to the EU. Implicit in many commentaries is the assumption that this orientation is a natural phenomenon, the natural culmination of an effervescent Finnish 'Western' cultural identity. Whilst the rhetorical style perhaps differs espousers of this view draw on Herderian and Hegelian assumptions, essentially arguing that after the unfortunate interruption and deviation from its true path occasioned by the Cold War the Finnish 'national spirit' is now back on its rightful historical and linear course to national fulfilment and blossoming. Looking into the nation's history such discourses see Finland's cultural and political roots as lying in the West and hence posit that with the break-up of the Soviet Union Finland is returning to these organic origins in Western civilisation, with all the effects for foreign policy such a 'Western' identity will entail. This is what we may term the 'Westernising' narrative of current debates about Finnish identity and Finnish foreign policy. On this basis the Finnish Cold War foreign policy of neutrality is characterised, either as having been a total aberration and betrayal of the Finnish 'Western' Self, or, and perhaps more commonly, as having been the best possible option available to the Finnish elite at the time: constrained by the dictates of power, agile Finnish political leaders were able to manoeuvre the Finnish ship of state through the various pitfalls and traps waiting to beguile them in the stormy waters of great power Cold War politics. Now free of such power dictates these current 'Westernising' discourses are attempting to push Finnish foreign policy towards the West, legitimising such a move to the Finnish public and the wider international audience on the grounds of Finland's claimed historical Western identity. To note the title of this panel discussion, “Defining New Identities Between East and West', for Westernising discourses there is no between about it. As an organically Western state why would Finland want to be between East and West any longer? On this basis the Finnish neutrality of the Cold War period merely disguised the true Finnish identity, a ruse so that Finland could in the future once more live as its true self when conditions once again permitted.
Topic:
International Relations, Foreign Policy, International Political Economy, and Nationalism
Political Geography:
Europe and Finland

57662. The EU and the prospects of Common Defence

Author:
Hanna Ojanen
Publication Date:
01-1999
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs (FIIA)
Abstract:
When thinking of the overall image of the European Union, one would not first come to visualise soldiers with the twelve starlets on blue background on their uniforms. During its 40 years' existence, the Community/Union has consolidated itself in quite other fields: in agriculture, trade, competition policy. Its own portrait as the 'ever closer Union' has gained resemblance with reality, notably through the economic and monetary union and cooperation in justice and home affairs. Common foreign and security policy, then, has from the very beginning been a central aspiration in the process of integration. Many would, however, treat such a goal as some sort of idealism, a wish, and the recurrent formulas about the Union that should speak with one voice in international affairs as some sort of a mantra of the Europeanist faith. Even a cursory acquaintance with the CFSP shows the divergence between the member countries' views when it comes to essential questions of foreign policy and tends to convince that if such a policy was ever to become a reality, it would at least not imply real common defence or a transformation of the Union into a military alliance - particularly so since following the division of labour between the different international organisations, there are others than the Union to take care of military cooperation.
Topic:
Defense Policy
Political Geography:
Europe

57663. Blazing New Trails: Villagers' Committee Elections in P. R. China

Author:
Linda Jakobson
Publication Date:
01-1999
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs (FIIA)
Abstract:
Though the Chinese Communist Party clings to its monopoly on power and fully intends to avoid “walking down the road of the Soviet Union,” it is implementing revolutionary political reform in the countryside. For the past decade, multi-candidate elections, in which candidates need not be members of the Communist Party, have been held in hundreds of thousands of Chinese villages. Abdicating its prerogative to appoint village chiefs, the Party has conceded that elected ones are more effective. The grassroots-level governance reform (jiceng zhengquan gaige) not only empowers ordinary citizens and encourages them to take part in the decision-making process. It also institutionalizes the concepts of accountability and transparency.
Topic:
Democratization and Government
Political Geography:
China, Asia, and Soviet Union

57664. Crisis management the Finnish way – A state of the art report on practice and research

Author:
Raimo Lintonen
Publication Date:
01-1999
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs (FIIA)
Abstract:
The purpose of this report is to analyse the threat perceptions, organisational contexts, practices as well as the “reflectiveness” of crisis management in Finland. The emphasis is on the overall situation, not on concrete historical crises. It is part of the groundwork for a project on the subject at the Finnish Institute of International Affairs (FIIA). The report is also an outgrowth of the participation of the FIIA since March 1999 in the evolving co-operation amongst European academics and practitioners in the field of crisis management.
Topic:
Conflict Prevention, Defense Policy, and Government
Political Geography:
Europe and Finland

57665. The Korean Peninsula: Is Kim Dae-jung's Pursuit of a Korean Confederation Realistic?

Author:
Linda Jakobson
Publication Date:
01-1999
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs (FIIA)
Abstract:
In the spring of 1999 Swiri-fever swept South Korea. Millions flocked to see the first domestic action film considered up to international standards. “Swiri,” a slick Hollywood-style spy thriller, revolves around the complex issue of Korean unification that lies at the heart of Korea's future. Since the inauguration of President Kim Dae-jung in February 1998, South Korea has debated unification more openly than ever before.
Topic:
Conflict Prevention, Civil Society, Humanitarian Aid, International Cooperation, and International Political Economy
Political Geography:
Asia, South Korea, North Korea, and Korea

57666. Heterogeneity and Evolution of Expectations: a Model of Currency Crisis

Author:
Jasmina Arifovic and Paul Masson
Publication Date:
12-1999
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
A model of a portfolio allocation between mature and emerging markets is simulated with heterogeneous expectations, imitation, and experimentation. Solutions produce periodic crises. The predictions of the model are compared to a representative-agent, rational expectations model with multiple equilibria.
Topic:
Economics, International Political Economy, and International Trade and Finance

57667. Emissions Trading, Capital Flows and the Kyoto Protocol

Author:
Martin Ross, Robert Shackleton, Peter Wilcoxen, and Warwick J. McKibbin
Publication Date:
12-1999
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
We use an econometrically estimated multi-region, multi-sector general equilibrium model of the world economy to examine the effects of the tradable emissions permit system proposed in the 1997 Kyoto protocol, under various assumptions about that extent of international permit trading. We focus, in particular, on the effects of the system on international trade and capital flows. Our results suggest that consideration of these flows significantly affects estimates of the domestic effects of the emissions mitigation policy, compared with analyses that ignore international capital flows.
Topic:
Economics, Environment, and International Trade and Finance

57668. The Crisis in Asia: An Empirical Assessment

Author:
Warwick McKibbin
Publication Date:
12-1999
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
The economies of South East Asia and Korea have been shaken by a financial and economic crisis that has enveloped the region since mid 1997. There are competing explanations for the cause of the crisis however most commentators would agree that a major shock that impacted on the countries has been a dramatic increase in the perceived risks of investing in these economies. This paper explores the impact of a re-evaluation of the risk in the Asian economies focussing on the differential real consequences of a temporary versus more permanent rise in risk. It contributes to our understanding of the possible consequences of the Asia crisis by applying a global simulation model that captures both the flow of goods as well as international capital flows between countries. The real impacts on the Asian economies of a rise in risk perceptions in the model are large and consistent with observed adjustment. However the spillovers to the rest of the world are relatively small because the loss in export demand that accompanies the crisis in Asia is offset by a fall in long term interest rates as capital flows out of Asia into the non-Asian OECD economies. Thus strong domestic demand in economies such as the US induced by the general equilibrium effects of the reallocation of financial capital can more than offset the consequences of lower export growth. The analysis also highlights the impacts on global trade balances reflecting the movements of global capital and points to both potential problems and lesson for policymakers over the coming years.
Topic:
Economics, Emerging Markets, and Globalization
Political Geography:
China, Israel, East Asia, and Asia

57669. The Global Economic Impacts of Trade and Financial Reform in China

Author:
Warwick McKibbin and KK Tang
Publication Date:
12-1999
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Despite the setbacks from the recent Asian currency crisis, the ascendancy of Asia as an economic centre of world economic activity is likely to continue into the 21st century. A key issue that will shape the role of Asia, and indeed the shape of the world economy in the 21st century, is the economic development of China. To date China has successfully weathered the currency storm in Asia and continues on a program of economic reform. If anything, the problems of Japan and Korea provide powerful lessons for other countries undergoing rapid economic growth and structural change. These lessons include the importance of a well developed financial sector with lending and investment decisions based on market signals rather than government directives. Whether China can further integrate smoothly into global markets and sustain the fast growth of the last few decades will be a crucial development in the world economy. In this paper, we explore the impacts of continued Chinese economic reform with a focus on the role of international financial flows both in the adjustment within China as well as in the transmission of Chinese reforms to the rest of the world.
Topic:
Economics, Emerging Markets, and Globalization
Political Geography:
China, Israel, East Asia, and Asia

57670. Regional and Multilateral Trade Liberalization: The Effects on Trade, Investment and Welfare

Author:
Warwick McKibbin
Publication Date:
12-1999
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
This paper explores the impact on economies of trade liberalization under alternative regional and multilateral arrangements: unilateral liberalization; liberalization as part of the ASEAN regional grouping; liberalization as part of the APEC regional grouping; or liberalization as part of a multilateral trade liberalization regime. The paper is based on a Dynamic Intertemporal General Equilibrium model (DIGEM) called the Asia-Pacific G-Cubed Model. It is shown that the long run gains from a country's own liberalization tend to be large relative to the gains from other countries liberalizing although this varies across countries. It is also shown that there is a significant difference between the effects on GDP (production location) and the effects on consumption per capita of the alternative liberalization approaches across countries. The timing of liberalization is also shown to matter. With open capital markets the gains from credibly announced trade liberalization are realized before the reforms are put in place because there is a rise in global investment which raises the global capital stock. In addition there is a reallocation of capital via financial market adjustment. This paper also demonstrates that for some economies, there can be short run adjustment costs to trade liberalization because resources cannot be instantly reallocated across sectors in an economy. These adjustment costs from own liberalization can be reduced if more countries also liberalize. The nature of the dynamic adjustment suggests that other macroeconomic policies may play an important role during the early period of phased-in trade liberalization.
Topic:
Economics, Emerging Markets, and Globalization
Political Geography:
China, Israel, East Asia, and Asia