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53071. Composite Indexes of Leading, Coincident, and Lagging Indicators: October 1998

Publication Date:
10-1998
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The leading index increased 0.1 percent, the coincident index increased 0.1 percent, and the lagging index decreased 0.1 percent in October. Taken together, the three composite indexes and their components show a healthy economy. The coincident indicators show the 4th quarter of 1998 starting with a relatively slow pace of growth (compared to the coincident index's rise of rise 3.0 percent and GDP's rise of 3.7 percent, annualized, during the first 3 quarters of 1998. The leading indicators show no serious impediments to moderate, or even strong, economic growth in 1999. There is almost no evidence of cyclical imbalances that would jeopardize the economy's stability.
Topic:
Economics
Political Geography:
United States

53072. Composite Indexes of Leading, Coincident, and Lagging Indicators: September 1998

Publication Date:
09-1998
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
Both the leading and coincident indexes held steady, while the lagging index fell 0.1 percent in September. Taken together, the three composite indexes and their components show a slowing, but still healthy economy. The coincident indicators suggest the expansion advanced in the 2 to 2.5 percent range in the 3rd quarter of 1998, compared with constant- dollar GDP showing a 3.3 percent increase (annualized). It is premature to predict a recession based on the leading indicators. The lagging indicators have moderated, giving less reason to worry that cyclical imbalances will soon jeopardize the economy's stability.lances could jeopardize the economy's stability.
Topic:
Economics and Political Economy
Political Geography:
United States

53073. Composite Indexes of Leading, Coincident, and Lagging Indicators: August 1998

Publication Date:
08-1998
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The leading index held steady, the coincident index increased 0.6 percent, and the lagging index increased 0.4 percent in August. Taken together, the three composite indexes and their components show a healthy economy. The coincident indicators point to GDP rising at a 2.5 to 3.0 percent pace (annualized) in the 3rd quarter of 1998. The leading indicators point to a continuation of the expansion through at least early 1999. The lagging indicators suggest a need to be concerned that cyclical imbalances could jeopardize the economy's stability in 1999.
Topic:
Economics
Political Geography:
United States

53074. Composite Indexes of Leading, Coincident, and Lagging Indicators: June 1998

Publication Date:
08-1998
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The leading index decreased 0.2 percent, the coincident index increased 0.1 percent, and the lagging index increased 0.6 percent in June. Taken together, the three composite indexes and their components show a moderating economy: The coincident indicators point to economic activity rising at faster pace than the latest GDP figures, but slower than the 4th quarter of 1997 and the 1st quarter of 1998. (The coincident index rose 3.1 percent while GDP rose 1.4 percent, annualized, in the 2nd quarter of 1998). A two-month decline in the leading indicators signals slower growth ahead and only a slight risk of a contraction. The lagging indicators show slight evidence of cyclical imbalances that could jeopardize the economyÕs stability.
Topic:
Economics
Political Geography:
United States

53075. Dueling with Uncertainty: The New Logic of American Military Planning

Author:
Carl Conetta and Charles Knight
Publication Date:
02-1998
Content Type:
Working Paper
Institution:
Project on Defense Alternatives
Abstract:
Examines how the new planning concepts and methods adopted by the Pentagon since 1992 have led to military requirements disproportionate to real threats and have supported overweening ambitions for the application of military power. A version appeared in the March/April 1998 Bulletin of the Atomic Scientists as “Inventing Threats.”
Topic:
Foreign Policy, Defense Policy, and Military Affairs
Political Geography:
United States of America

53076. Prenegotiations: The Theory and How to Apply It to Balkan Issues

Author:
Plamen Pantev
Publication Date:
07-1998
Content Type:
Case Study
Institution:
Institute for Security and International Studies (ISIS)
Abstract:
The issues, the activities and the relations preceding the formal international negotiations have increasingly become an area of a special theoretic interest. The prenegotiation or the prenegotiation phase is part of the broader issue of the dynamic interactive process of international negotiations. The pace, the contents and the direction of the negotiation process is influenced by various factors: foreign-policy bureaucracy in the individual negotiating countries, the personal peculiarities of the very negotiators, the international-political environment of the on-going negotiations, etc. The system constituted by the interactive relationship of the negotiating parties is certainly one of these factors and all the prenegotiating activity before formal negotiations have begun does matter in shaping and understanding the actual negotiation process. Both the cooperative and the conflicting relations in Southeastern Europe have run into regulative problems part of which are caused by inadequate preparatory prenegotiation work. Examples of that are the deadlocked bilateral relations between Bulgaria and FYROM - The Former Yugoslav Republic of Macedonia; the incapacity to duplicate right away the successful agreement for the creation of the Multinational Peace-keeping Force of Southeastern Europe (MPFSEE) with an agreement of the place for the headquarters of this rapid-reaction force and an important confidence and security building measure in the worried Balkan region; the inadequate involvement in an informal way of counterparts from the FRY by broader multilateral Balkan fora to show how the developments in Kosovo are perceived by experts, the broader public and politicians in the neighbouring Southeast European countries; the slow process of historical rapprochements in the Balkan peninsula; the deadlocked Bulgarian-Romanian case of the construction of the second bridge over the Danube and many others. The Institute for Security and International Studies (ISIS) continues its three-dimensional work of conceptualizing the post-Cold War political, social, economic and security situation in Southeastern Europe, of finding the adequate tools to cope with the existing issues and of moving more effectively to becoming a part of the Euroatlantic security community. An improved negotiation culture and capacity of all the players in the Southeast European region, including at the prenegotiation stage is a fundamental reason and motive of carrying out this study. It is hoped to be just a part of a broader research and educational activity in the field of international negotiations ISIS intends to carry out individually and in cooperation with other national and foreign partners - by traditional means and through the potential opportunities Internet presents for bringing closer more people together. Negotiating to prevent and manage conflicts in the Balkans, to cope with a vast array of post-conflict reconstruction and reconciliation issues as well as to channel the region-building activity in Southeastern Europe - all they necessitate an enhanced international negotiation potential for all actors in the area that ISIS is ready to stimulate, educate and catalyse. There is no doubt for the author of this study these three different kinds of negotiating activity in the Balkans have specific reflections on the prenegotiation activity and theory and vice versa - an issue that further needs to be scrutinized and thought over.
Topic:
Security, Negotiation, and Reconciliation
Political Geography:
Eastern Europe and Balkans

53077. Fact Sheet: India and Pakistan—Current and Potential Nuclear Arsenals

Author:
David Albright
Publication Date:
05-1998
Content Type:
Special Report
Institution:
Institute for Security and International Studies (ISIS)
Abstract:
The decision by India to conduct five nuclear tests in May 1998 threatens to spark an all-out nuclear arms race between India and Pakistan. Both India and Pakistan have developed the capability to produce unsafeguarded weapon-grade plutonium and weapon-grade uranium (WGU) for nuclear weapons. However, until now, both countries have constrained their nuclear competition, preferring to keep their arsenals undeployed. In addition, Pakistan decided in the early 1990s to stop producing weapon-grade uranium, in essence capping its stock of material for nuclear weapons. India is widely perceived to have a significantly larger nuclear arsenal than Pakistan. The following estimate shows that if a nuclear arms race developed between India and Pakistan and Pakistan decided to resume WGU production, India’s overwhelming advantage could disappear.
Topic:
Nuclear Weapons, Weapons, and Competition
Political Geography:
Pakistan and India

53078. Preventing a South Asian Arms Race

Author:
Kevin O'Neill
Publication Date:
05-1998
Content Type:
Special Report
Institution:
Institute for Security and International Studies (ISIS)
Abstract:
India’s five nuclear tests, conducted during the week of May 11, 1998, and indications from Pakistan that it may test nuclear weapons clearly show that international efforts to prevent the spread of nuclear weapons in South Asia have failed. The Clinton administration, which quietly acknowledged the nuclear weapons-capability of India and Pakistan even before India’s tests, must now openly address a possible nuclear arms race on the subcontinent.
Topic:
Nuclear Weapons, Weapons, and Arms Race
Political Geography:
Pakistan, South Asia, and India

53079. Reengineering the Defense Planning in Bulgaria

Author:
Velizar Shalamanov and Todor Tagarev
Publication Date:
12-1998
Content Type:
Special Report
Institution:
Institute for Security and International Studies (ISIS)
Abstract:
With the end of the bi-polar opposition of the Cold War many countries face the challenge of adapting their defense establishments to changing international settings, lowering budgets, diversified security threats, changing roles and missions of the armed forces. Even countries with well developed and elaborated planning systems find it necessary to rethink the process of defense planning because of the assumptions, methods and images rooted in the Cold War. Balancing goals and resources, defense planners search for tradeoffs between existing force and modernization, between active and reserve forces, between combat forces and supporting structures. Commonly, the security and technological environment is so fluid that not the plan itself is important, but the capability to adapt it without sudden decline in military capabilities while minimizing inefficient spending. Business practices provide helpful examples of dealing with change. The concept of reengineering appears particularly useful for reengineering defense planning in countries with limited experience in democratic defense and security decision-making. This report describes results in reengineering the defense planning in Bulgaria. Although this is just a recent effort, the initial results allow to identify severe drawbacks of the existing planning practices, to identify key issues, and to design efficient sub-processes and supporting organizations. Reengineering the defense planning is an ongoing effort, aimed at a critical nexus in the reform of the Bulgarian armed forces. The successful reengineering is expected to provide a missing link in the democratic control of the Bulgarian military, to allow for synchronization of plans, programs and budgets for the development of the Bulgarian armed forces, and to provide effective and efficient interface with the planning and review process of NATO and the Enhanced Partnership for Peace Program. Slowly but surely, defense planning and reengineering are turning into major components of the new democratic national security decision-making process of Bulgaria.
Topic:
Defense Policy, National Security, Armed Forces, and Business
Political Geography:
Europe and Bulgaria

53080. Ethnopolitical Conflicts in Eastern Europe and the OSCE - An Interim Appraisal

Author:
Stefan Troebst
Publication Date:
07-1998
Content Type:
Policy Brief
Institution:
European Centre for Minority Issues (ECMI)
Abstract:
Three levels or institutions have emerged as crucial within the OSCE framework for handling ethnopolitical conflicts in Eastern Europe—the Permanent Council made up of the OSCE Permanent Representatives of the currently 55 participating States, the OSCE High Commissioner on National Minorities and the long-term missions which the OSCE maintains in over a dozen trouble spots. The OSCE shows considerable success indealing with ethnopolitical conflicts where away from its rivalry with the United Nations, NATO or the European Union it can set its sights somewhat lower — Chechnya, Crimea, the Baltic states, South Ossetia, Transdniestria, Macedonia and Eastern Slavonia. Here OSCE has succeeded in transforming conflicts that have broken out and in contributing to the prevention of future conflicts. However, major conflicts such as Bosnia-Hercegovina or Nagorny-Karabakh appear to be too unmanageable for OSCE’s still embryonic structures with its insufficient military know-how and low acceptance among major partners.
Topic:
International Cooperation, Ethnicity, Discrimination, Institutions, and Oppression
Political Geography:
Europe and Eastern Europe