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6841. The Sustainability of China's Recovery from the Global Recession

Author:
Nicholas R. Lardy
Publication Date:
03-2010
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
China's policy response to the global financial and economic crisis was early, large, and well-designed. Although Chinese financial institutions had little exposure to the toxic financial assets that brought down many large Western investment banks and other financial firms, China's leadership recognized that its dependence on exports meant that it was acutely vulnerable to a global recession. Thus they did not subscribe to the view sometimes described as “decoupling,” the idea that Asian countries could passively weather the financial storm that originated in the United States and other advanced industrial economies. They understood that absent a vigorous policy response China inevitably would suffer from the backwash of a sharp economic slowdown in its largest export markets—the United States and Europe.
Topic:
Economics and Financial Crisis
Political Geography:
United States, China, Europe, and Asia

6842. Rewriting the Ground Rules of European Diplomacy: The European External Action Service in the Making

Author:
Timo Behr, Aaretti Siitonen, and Johanna Nykänen
Publication Date:
03-2010
Content Type:
Policy Brief
Institution:
Finnish Institute of International Affairs
Abstract:
With the Lisbon Treaty finally ratified, EU attention has now shifted towards the arduous task of implementing the treaty reforms. Central amongst these is a complete overhaul of the existing structures of EU foreign policy-making, providing the EU with a new "double-hatted" foreign policy chief—in the person of Catherine Ashton—and creating the European External Action Service (EEAS). Conceived as the EU's own diplomatic corps, the EEAS has been lauded as a "once in a generation opportunity" that will endow Europe with a greater voice and more influence in international affairs. But setting up the EEAS is proving more difficult than anticipated, with different European actors squabbling over composition and structure of the new institution. This should come as little surprise, given that the precise shape and detailed functions of the EEAS were all left to be negotiated during the implementation phase. Moreover, settling these issues entails more than just some fine-tuning of the EU's institutional structures: it requires a wholesale re-writing of the ground rules of European diplomacy. What is at stake in this process is not only how and by whom EU foreign policy is being made, but the nature and direction of European diplomacy itself.
Topic:
Foreign Policy, Diplomacy, and International Affairs
Political Geography:
Europe and Lisbon

6843. Remaking Europe's Borders through the European Neighbourhood Policy

Author:
Bohdana Dimitrovova
Publication Date:
03-2010
Content Type:
Working Paper
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
This Working Document explores the implications of the European Neighbourhood Policy (ENP) as an ambitious EU foreign policy for the development of a European political community. It suggests that the ENP can be viewed as an attempt to reconcile two potentially contradictory processes. The first – 'border confirming' – is about confirming border areas of demarcation and division, in which borders are conceived as boundary lines, frontier zones or barriers that protect the European Union and its citizens. The second – 'border transcending' – consists of a challenge to open EU borders and involves the transformation of the EU's external boundaries into zones of interactions, opportunities and exchanges, with the emphasis on the transcendence of boundaries. To unravel some of the contradictions surrounding the highly contested phenomena of mobility in the neighbourhood, this paper analyses three bordering strategies: state borders, the imperial analogy and borders as networks. Each corresponds to different forms of territoriality and implies a different mode of control over the population.
Topic:
International Relations, Foreign Policy, International Organization, and International Affairs
Political Geography:
Europe

6844. Lessons from the Asian Monetary Fund for the European Monetary Fund

Author:
Yonghyup Oh
Publication Date:
04-2010
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
The euro area is facing a challenge with Greece in danger of falling into sovereign default and some of its other members, the so-called 'GIPSY' nations, finding themselves in serious financial distress. Creation of a European Monetary Fund to deal more effectively with this type of situation is gaining support. This paper draws lessons from the Asian experience that might be applied to the current European development.
Topic:
Debt, Economics, International Trade and Finance, and Monetary Policy
Political Geography:
Europe

6845. Single voice, single chair? How to re-organise the EU in international negotiations under the Lisbon rules

Author:
Piotr Maciej Kaczyński
Publication Date:
03-2010
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
The United Nations Climate Change Conference in Copenhagen last December taught many lessons to the participating stakeholders. The European Union learned that a choir of European leaders could not sing convincingly even with a single voice. These lessons are still being processed in many national capitals and in Brussels, especially in the context of the new legal framework provided for by the Treaty of Lisbon, which entered into force on 1 December 2009. It is important to recognise, however, that the new rules came into effect only after nine long years of negotiations and its application is being tested in a wholly different international environment than prevailed in the early 2000s.
Topic:
International Relations, Climate Change, and International Affairs
Political Geography:
Europe, United Nations, and Lisbon

6846. Ethnic or multi-ethnic parties? Party competition and legislative recruitment in Moldova

Author:
Oleh Protsyk and Ion Osoian
Publication Date:
03-2010
Content Type:
Working Paper
Institution:
European Centre for Minority Issues
Abstract:
Securing adequate representation of minorities in institutions of the state is commonly described in the literature as an important mechanism for addressing issues of ethnic tensions in culturally diverse societies. A proportional electoral system is generally perceived as more friendly for representation of minority interests than a majoritarian single member district system. The introduction of the former system in a number of post-communist countries encouraged institutionalization of ethnic minority parties. These parties became a permanent part of the political landscape in South Eastern European countries such as Bulgaria and Romania.
Topic:
Democratization, Politics, Ethnic Government, Governance, and Minorities
Political Geography:
Europe, Moldova, Bulgaria, and Romania

6847. How Did the 2008 Economic Crisis Affect: Social and Political Solidarity in Europe?

Author:
Jennifer L. Hochschild
Publication Date:
01-2010
Content Type:
Working Paper
Institution:
Weatherhead Center for International Affairs, Harvard University
Abstract:
One possible outcome of the economic crash of 2008 was that the majority or mainstream members of a society would direct their anger and fear against the minority or marginal members of their society. Commentators on television or the radio would claim, "it's all the fault of the immigrants!" or "if we didn't hand over so much of our tax dollars to the poor, the economy would not have deteriorated so much," or "social benefits to African Americans [or German Turks] have distorted the housing market." Citizens would come to believe these assertions, politicians would echo them – and the upshot would be not only a deteriorating national and international economy but also increased hostility and fear among racial, ethnic, or nationality groups in a country. Social solidarity would decline, perhaps irrevocably.
Topic:
International Relations, Economics, Politics, Social Stratification, and Financial Crisis
Political Geography:
Africa, America, Europe, and Germany

6848. The Brussels Wall

Author:
William Drozdiak
Publication Date:
05-2010
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
These days, there is a great deal of talk about the dawn of an Asian century -- hastened by the rise of China and India. Meanwhile, the fractious Atlantic alliance, enfeebled by two wars and an economic crisis, is said to be fading away. But the West is not doomed to decline as a center of power and influence. A relatively simple strategic fix could reinvigorate the historic bonds between Europe and North America and reestablish the West's dominance: it is time to bring together the West's principal institutions, the European Union and the North Atlantic Treaty Organization. When NATO's 28 leaders gather in Portugal later this year to draw up a new security strategy for the twenty-first century, they will consider a range of options, including military partnerships with distant allies such as Australia, Japan, and South Korea. Yet the most practical solution lies just down the road from the alliance's sprawling headquarters near the Brussels airport. Genuine cooperation between NATO and the 27-nation European Union would allow Western governments to meld hard power with soft, making both organizations better equipped to confront modern threats, such as climate change, failed states, and humanitarian disasters. A revitalized Atlantic alliance is by far the most effective way for the United States and Europe to shore up their global influence in the face of emerging Asian powers. NOT-SO-FRIENDLY NEIGHBORS Anybody who spends time in Brussels comes away mystified by the lack of dialogue between the West's two most important multinational organizations, even though they have been based in the same city for decades. Only a few years ago, it was considered a minor miracle when the EU's foreign policy czar and NATO's secretary-general decided that they should have breakfast together once a month. An EU planning cell is now ensconced at NATO military headquarters, but there is scarcely any other communication between the two institutions. With Europe and the United States facing common threats from North Africa to the Hindu Kush, it is imperative for Western nations to take advantage of these two organizations' resources in the fields of law enforcement, counterterrorism, intelligence gathering, drug interdiction, and even agricultural policy.
Topic:
NATO, Economics, and Government
Political Geography:
China, Europe, Asia, North America, and Brussels

6849. Faulty Basel

Author:
Marc Levinson
Publication Date:
05-2010
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
No abstract is available.
Topic:
Economics and Financial Crisis
Political Geography:
United States and Europe

6850. NATO's Final Frontier

Author:
Charles A. Kupchan
Publication Date:
05-2010
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
At NATO's 2010 summit, planned for November, the alliance's members intend to adopt a new "strategic concept" to guide its evolution. NATO's relationship with Russia is at the top of the agenda. Since the collapse of the Soviet Union, the United States and its NATO allies have constructed a post-Cold War order that effectively shuts Russia out. Although NATO and the European Union have embraced the countries of central and eastern Europe, they have treated Russia as an outsider, excluding it from the main institutions of the Euro-Atlantic community. Russia's isolation is in part a product of its own making. The country's stalled democratic transition and occasional bouts of foreign policy excess warrant NATO's continued role as a hedge against the reemergence of an expansionist Russia. Nonetheless, the West is making a historic mistake in treating Russia as a strategic pariah. As made clear by the settlements after the Napoleonic Wars and World War II -- in contrast to the one that followed World War I -- including former adversaries in a postwar order is critical to the consolidation of great-power peace. Anchoring Russia in an enlarged Euro-Atlantic order, therefore, should be an urgent priority for NATO today. Russia has been disgruntled with the expansion of NATO ever since the alliance began courting new members from the former Soviet bloc in the early 1990s. However, Russia's economic and military decline and the West's primacy encouraged NATO members to discount the potential consequences of Russian discontent. "As American capabilities surged and Russian capabilities waned," the political scientists Daniel Deudney and G. John Ikenberry have observed, "Washington policymakers increasingly acted as though Russia no longer mattered and the United States could do whatever it wanted." The strategic landscape has since changed dramatically, however, and the costs of excluding Russia from the Euro-Atlantic order have risen substantially. The Kremlin's recentralization of power and Russia's economic rebound thanks to higher energy prices have brought the country back to life. Russia now has the confidence and the capability to push back against NATO -- just as the West urgently needs Moscow's cooperation on a host of issues, including the containment of Iran's nuclear ambitions, arms control and nonproliferation, the stabilization of Afghanistan, counterterrorism, and energy security.
Topic:
NATO and Cold War
Political Geography:
Russia, United States, and Europe