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58231. Russia—Debt Rollover

Author:
Oxford Analytica
Publication Date:
08-1999
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
On July 28, the IMF's Board of Directors announced their approval of a 4.5 billion dollar loan to Russia. Rather than representing a breakthrough deal, the agreement is merely the latest chapter in the cycle of non–compliance and renegotiation that has characterised the Fund's relationship with Moscow. With presidential and parliamentary polls scheduled during the next twelve months, electoral pressures will almost certainly prevent the latest macroeconomic programme being implemented. Moreover, unless the root cause of Russia's economic problems—its dire GDP growth rate—is rectified, a further round of comprehensive renegotiations will be required.
Topic:
Debt, Economics, Government, International Trade and Finance, Political Economy, and Politics
Political Geography:
Russia and Moscow

58232. United States -- Economic Slowdown?

Author:
Oxford Analytica
Publication Date:
07-1999
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
In recent weeks, economic data has produced conflicting signals about the strength of domestic demand within the US economy. A majority within the Federal Open Market Committee (FOMC) believes that growth will decelerate and that only a small tightening of monetary policy will be necessary in the short term. However, the Federal Reserve has consistently underestimated domestic demand, and there are signs that the economy is still buoyant. Moreover, with improving economic prospects in Europe and Asia, the external forces encouraging lower US interest rates are likely to be reversed. The combination of these factors could put pressure on the Fed to tighten further.
Topic:
Economics
Political Geography:
United States, Europe, and Asia

58233. Kosovo—New Dawn for an Ethical Foreign Policy?

Author:
Oxford Analytica
Publication Date:
07-1999
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
The success of NATO in forcing the Serbian army to quit Kosovo has led some western leaders, notably the UK Prime Minister Tony Blair, to espouse a new 'moral' emphasis in foreign policy. While a complete abandonment of self–interest for ethics can be dismissed, there are important new factors affecting the conduct of international affairs, which vary in regional applicability.
Topic:
Foreign Policy, NATO, and International Affairs
Political Geography:
Eastern Europe, Kosovo, and Serbia

58234. Iran — Protest Aftermath

Author:
Oxford Analytica
Publication Date:
07-1999
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
Despite last week's crackdown on pro-reform demonstrations, there is still considerable momentum behind President Mohamed Khatami's political liberalisation drive. While the democratisation movement may have suffered a short-term setback and is likely to encounter further opposition from right-wing clerics, Khatami's reform coalition remains in place and is still likely to be buoyed by next year's parliamentary election results. Nonetheless, the president needs quickly to reassert his commitment to change in the run-up to the election.
Topic:
Security, Democratization, Government, and Politics
Political Geography:
Iran and Middle East

58235. The American Economy: Sustaining Growth with Opportunity

Publication Date:
06-1999
Content Type:
Working Paper
Abstract:
From the June 1999 American Assembly of the same name, the report focuses on the issues of productivity, income inequality, and the aging of the baby boom generation.

58236. Peacekeeping and Intervention in the Former Yugoslavia: Broader Implications of the Regional Case

Author:
Plamen Pantev
Publication Date:
11-1999
Content Type:
Special Report
Institution:
Institute for Security and International Studies (ISIS)
Abstract:
The aims of this research report are: First, to substantiate the meaning of the terms "intervention" and "peacekeeping" in the cases of Bosnia and Kosovo and how this may influence the broader interpretation of these activities in the post-Cold War period. Second, by learning from intervention and peacekeeping, as well as from conflict prevention and post-conflict rehabilitation in former Yugoslavia, to draft the prerequisites of a fundamentally new and more effective approach to international legal regulation of international relations, including to the timely management of regional conflicts. Third, to present some of the other interests beyond the moral and humanitarian ones that motivated the intervention, the peacekeeping and the strenuous peace building efforts in the post-Dayton and the post-Kosovo periods. The realisation of these tasks may facilitate theoretical and political work for shaping a more secure post-Cold War world.
Topic:
Peacekeeping, Humanitarian Intervention, and Military Intervention
Political Geography:
Kosovo, Yugoslavia, Bulgaria, and Balkans

58237. Evaluating the Post-Cold War Policy of the United States

Author:
Jonathan Dean
Publication Date:
11-1999
Content Type:
Commentary and Analysis
Institution:
Project on Defense Alternatives
Abstract:
Ambassador Jonathan Dean, Adviser on International Security Issues, Union of Concerned Scientists, presentation to the PDA symposium Ten Years After the Wall: Trends in post-Cold War U.S. Security Policy held at the American Academy of Arts and Sciences, 11 November 1999.
Topic:
Security, Defense Policy, and Cold War
Political Geography:
North America and United States of America

58238. Islam In Economic Organizations

Author:
Ayşe Buğra
Publication Date:
08-1999
Content Type:
Special Report
Institution:
Turkish Economic and Social Studies Foundation (TESEV)
Abstract:
This project approaches the political economy of Islamic resurgence in Turkey by exploring different uses of Islam as a strategic resource. The study is organized in five parts: The first section situates Islamic resurgence in its international and domestic context and shows that Political Islam in Turkey derives its strength largely from its ability to respond to the challenges of the current environment. The second section looks at the manifestations of Islam in business life through an analysis of a) MÜSİAD (The Association of Independent Industrialists and Businessmen) that could successfully bring together a large number of enterprises of different sizes located in different geographical regions of the country, and b) special financial institutions as well as other, more informal arrangements used to generate investment funds on the basis of "relations of trust among the believers". In the third section, marketing strategies directed to Muslim consumers are explored through an analysis of certain advertising agencies and TV channels either owned by sect affiliated groups or known by their closeness to Political Islam represented by RP/FP. In the fourth section, the development of the labor union confederation Hak-Is, an important element in the RP/FP constituency, is discussed. Finally, the conclusion presents a summary of the findings. The findings of the study in these areas suggest that what could be called the economic world of Islam in Turkey is formed by networks of social relations which do not constitute a coherent whole, but appear as separate power blocs which try to reach those groups that feel alienated form the secular westernized political and economic establishment for the generation of investment of funds, for the marketing of specialized products, or in organized interest articulation and representation by business associations and labor unions.
Topic:
Economics, Islam, Political Economy, Business, and Labor Unions
Political Geography:
Turkey and Middle East

58239. India and Pakistan’s Fissile Material and Nuclear Weapons Inventory, end of 1998

Author:
David Albright
Publication Date:
10-1999
Content Type:
Special Report
Institution:
Institute for Security and International Studies (ISIS)
Abstract:
Estimating the size of India and Pakistan’s inventory of separated weapon-grade plutonium and highly enriched uranium (HEU) has become more difficult following their nuclear tests in May, 1998. Both countries treat these numbers as highly classified, partly because such estimates provide a direct indication of the number of nuclear weapons they possess. In the case of Pakistan, what can be surmised is that it has resumed full-scale production of HEU, following a declared moratorium on such production since 1991. Abdul Q. Khan, the father of Pakistan’s uranium enrichment program, announced soon after the Pakistani tests that his country had never stopped making HEU. Although his comment has been greeted skeptically, it indicates that Pakistan may have resumed making weapon-grade uranium well before its tests in May, 1998.
Topic:
Security, Nuclear Weapons, Weapons, Uranium, and Plutonium
Political Geography:
Pakistan, South Asia, and India

58240. Conflict Prevention in the Baltic States: The OSCE High Commissioner on National Minorities in Estonia, Latvia and Lithuania

Author:
Rob Zaagman
Publication Date:
01-1999
Content Type:
Case Study
Institution:
European Centre for Minority Issues (ECMI)
Abstract:
The importance of national minority questions has long been recognised by the Organization for Security and Co-operation in Europe (OSCE), and this organisation has dealt with them extensively. Initially overshadowed by the East-West stand-off, minority issues were framed exclusively in terms of individual human rights, in particular the rights of persons belonging to national minorities. In “post-Wall” Europe, however, the explosive potential of many of them —e.g., in Yugoslavia and the Caucasus—became all too apparent. It also became clear that in this new era international violence would be mainly a consequence of domestic conflicts. Moreover, soon after the break-up of the Soviet Union the issue of the ethnic Russians outside the Russian Federation became an important factor in international relations in the OSCE area. As a result, minority issues are now mainly seen from the angle of conflict prevention, although this does include the continued pursuit of the implementation of human rights. The importance the OSCE attaches to minority issues as problems of peace and security is reflected most prominently in the office of the High Commissioner on National Minorities (HCNM) which was established in 1992 to prevent violent ethnic conflict. Equally, it finds its reflection in the mandates of most, if not all, of the long-term missions the OSCE has established over the years, of which inter-ethnic issues are the main and sometimes exclusive component. These developments fit in the increased emphasis the OSCE has been putting on conflict prevention, playing the role of an impartial, non-coercive third party. Against this background, the tense inter-ethnic relations in Estonia and Latvia were addressed early on by the OSCE. Even though no inter-ethnic violence had taken place, a number of factors made for a volatile mix in both Baltic states: firstly, the existence of domestic tensions between a large minority of mainly Russians without citizenship who had to get used to postSoviet realities and a majority determined to preserve and strengthen its own identity; and secondly, increasing international tensions because of the active interest which neighbouring Russia, mainly for geopolitical reasons, was taking in the condition of its kinfolk in Estonia and Latvia. By contrast, these factors were absent in the third Baltic state, Lithuania. As analysed in the following, the situations in Estonia and Latvia were typically cases for which the OSCE High Commissioner had been established. They demonstrate the extent to which international involvement can keep domestic conflicts tractable—by helping the parties to devise policies and positions which avoid an escalation of disputes and possibly irreconcilable differences—and thus at the same time prevent the build-up of international conflict potential. They are also showcases for the specific approach the OSCE High Commissioner has developed in dealing with tense inter-ethnic situations. Although for reasons of space the main emphasis of this paper will be on Estonia, it should be realised that many similar issues are at stake in Latvia.
Topic:
Security, Minorities, Conflict, and Identity
Political Geography:
Europe, Eastern Europe, Lithuania, Estonia, Latvia, and Baltic States