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53931. The FDI recession has begun

Author:
Karl P. Sauvant
Publication Date:
11-2008
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
With $1.8 trillion (according to UNCTAD), world foreign direct investment (FDI) flows reached an all-time high last year. All major regions benefitted from increased flows. But that was then. What is, and will be, the impact of the financial crisis and the recession on FDI flows this year and next?
Topic:
Development, Economics, International Trade and Finance, Foreign Direct Investment, and Financial Crisis

53932. In Pursuit of Justice: Prosecuting Terrorism Cases in the Federal Courts

Author:
Richard B. Zabel and James J. Benjamin
Publication Date:
05-2008
Content Type:
Working Paper
Institution:
Human Rights First
Abstract:
This White Paper examines the capability of the federal courts to handle criminal cases arising from international terrorism. In the Paper, we focus on terrorism that is associated— organizationally, financially, or ideologically—with selfdescribed “jihadist” or Islamist extremist terrorist groups like al Qaeda. Many observers have expressed views on this important subject. Some have argued for prosecuting terrorist criminals outside of the civilian court system; others have called for the establishment of an entirely new “national security court.” A premise of such arguments is that the traditional court system is not well-equipped to handle international terrorism cases. We aim to explore that premise.
Topic:
Islam, Terrorism, and War
Political Geography:
United States

53933. 2008 Hate Crime Survey

Publication Date:
12-2008
Content Type:
Working Paper
Institution:
Human Rights First
Abstract:
European and North American governments are failing to keep pace with a wave of violent hate crime that continues to rise across the region. Racism, xenophobia, antisemitism, anti-Muslim and anti-Roma hatred, religious intolerance, homophobia: the list of biases that fuel these crimes is a long one. Attacks range from lethal assaults to threats and harassment to vandalism and desecration of religious and community property. The perpetrators are individuals acting alone, or in concert with neighbors, coworkers, and fellow students, as well as loosely-knit or more organized groups that share ideologies of hatred and act on them. The violence can ruin lives, or end them. It can terrorize whole communities, driving away vulnerable minorities or forcing them to stay out of sight. Violent hate crime, especially when the official response to it is weak or nonexistent, also attacks the society at large, undermining the very notions of equality and the equal protection of the law.
Topic:
Crime, Sociology, and Culture
Political Geography:
Europe, North America, and Kurdistan

53934. Anatomy of a Train Wreck: Causes of the Mortgage Meltdown

Author:
Stan J. Liebowitz
Publication Date:
10-2008
Content Type:
Policy Brief
Institution:
Independent Institute
Abstract:
Why did the mortgage market melt down so badly? Why were there so many defaults when the economy was not particularly weak? Why were the securities based upon these mortgages not considered anywhere as risky as they actually turned out to be? This report concludes that, in an attempt to increase home ownership, particularly by minorities and the less affluent, virtually every branch of the government undertook an attack on underwriting standards starting in the early 1990s. Regulators, academic specialists, GSEs, and housing activists universally praised the decline in mortgage-under- writing standards as an “innovation” in mortgage lending. This weakening of underwriting standards succeeded in increasing home ownership and also the price of housing, helping to lead to a housing price bubble. The price bubble, along with relaxed lending standards, allowed speculators to purchase homes without putting their own money at risk. The recent rise in foreclosures is not related empirically to the distinction between subprime and prime loans since both sustained the same percent- age increase of foreclosures and at the same time. Nor is it consistent with the “nasty subprime lender” hypothesis currently considered to be the cause of the mortgage meltdown. Instead, the important factor is the distinction between adjustable-rate and fixed-rate mortgages. This evidence is consistent with speculators turning and running when housing prices stopped rising.
Topic:
Economics, Government, Markets, Financial Crisis, and Minorities
Political Geography:
United States

53935. Alternative to Silence: Whistleblower Protection in 10 European Countries

Author:
Craig Fagan and Anja Osterhaus
Publication Date:
11-2008
Content Type:
Working Paper
Institution:
Transparency International
Abstract:
Whistleblowers play a vital role in exposing corruption, fraud and mismanagement and in preventing disasters that arise from negligence or wrongdoing. Prominent whistleblowers revealed the cover-up of SARS and other dangerous diseases that threatened millions of people in China; they disclosed corruption and nepotism in the European Commission and helped to avoid environmental hazards in the US.
Topic:
Corruption, Governance, and Law
Political Geography:
United States, China, and Europe

53936. Bribe Payers Index 2008

Author:
Juanita Riaño and Robin Hodess
Publication Date:
12-2008
Content Type:
Working Paper
Institution:
Transparency International
Abstract:
Corruption and bribery are complex transactions that involve both someone who offers a benefit, often a bribe, and someone who accepts, as well as a variety of specialists or intermediaries to facilitate the transaction. By perpetuating the 'abuse of entrusted power for private gain' – Transparency International's (TI) definition of corruption – both the bribe payer and bribe taker cause damage in a number of ways. Ultimately, their corrupt dealings create extreme inequity – both in markets and in societies.
Topic:
Corruption, International Trade and Finance, International Affairs, and Governance

53937. Promoting Revenue Transparency: 2008 Report on Revenue Transparency of Oil and Gas Companies

Publication Date:
04-2008
Content Type:
Working Paper
Institution:
Transparency International
Abstract:
In this report, Transparency International (TI) evaluates 42 leading oil and gas companies on their current policies, management systems and performance in areas relevant to revenue transparency in their upstream operations. Revenue transparency in this report includes three areas of corporate action where disclosure can contribute to improved accountability in the management of extractive revenues: payments to host governments, operations and corporate anti-corruption programmes. The companies are evaluated in a total of 21 countries of operation. This report is a featured product of TI's Promoting Revenue Transparency Project and attempts to characterise current levels of company revenue transparency, to point to best practices, and to suggest areas for improvement.
Topic:
Corruption, International Trade and Finance, International Affairs, Natural Resources, and Governance

53938. Lebanon: The Swing State of a New Levant

Publication Date:
12-2008
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
The American relationship with Lebanon has ebbed and flowed over the decades, as policy has tended to be reactive rather than driven by a clear sense of U.S. goals. More recently, the U.S. strongly supported the 2005 Lebanese independence movement against Syrian hegemony, known as the “Cedar Revolution” in the United States and the “Independence Intifada” in Lebanon, and continues to maintain strong ties to the ruling March 14 coalition which was born out of that movement.
Political Geography:
United States, Middle East, Lebanon, and Syria

53939. L'analyse des transferts internationaux de politiques publiques : un état de l'art

Author:
Thierry Delpeuch
Publication Date:
12-2008
Content Type:
Working Paper
Institution:
Centre d'Etudes et de Recherches Internationales
Abstract:
Several prolific research fields dedicate themselves to the analysis of the contemporary phenomena of circulation, transfer and convergence of public policies. These clusters of studies have in common to explore the impact of external influences and foreign sources of inspiration or imitation on policy making process. Two major research orientations can be distinguished among these studies. The first one develops a perspective in the close proximity of the new sociological institutionalism. It scrutinizes the causal grounds and the social impacts of the expansion of policy transfers, by putting the stress on the influence of cultural and institutional factors. The second one, which is related to the sociology of social action, primarily examines the implementation of concrete policy transplant operations from one social context to another, by meticulously investigating the social characteristics of transfer agents and analyzing their interactions. Our argument is that the various approaches covered here–which are sociology of diffusion, new sociological institutionalism, europeanization studies, lesson-drawing and policy learning literature, structural sociology, and, of course, the research stream which identifies itself as policy transfer studies - are today on the way to overcome their divergences and to consolidate a common framework of sociological knowledge about policy transfers, grounded in both holistic and individualistic sociological traditions.
Topic:
Civil Society, Political Theory, and Sociology
Political Geography:
Europe

53940. The North Korean Ballistic Missile Program

Author:
Daniel Pinkston
Publication Date:
02-2008
Content Type:
Working Paper
Institution:
The Strategic Studies Institute of the U.S. Army War College
Abstract:
North Korean ballistic missiles are a direct threat to Northeast Asian security, and North Korean missile proliferation poses a threat to other regions, particularly the Middle East and South Asia. North Korea is an isolated and authoritarian one-party state; the political system is based upon an extraordinary personality cult that idolizes current leader, Kim Jong Il (Kim Chŏng-il), and his deceased father, Kim Il Sung (Kim Il-sŏng). Several factors have contributed to Pyongyang's chronic insecurity including national division, the Korean War, the international politics of the Cold War, and doubts about the commitments of its alliance partners.
Topic:
International Relations, International Law, and Nuclear Weapons
Political Geography:
South Asia, Israel, and North Korea