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50081. Limits of Quantitative Easing

Author:
Marek Dabrowski
Publication Date:
11-2010
Content Type:
Working Paper
Institution:
Center for Social and Economic Research - CASE
Abstract:
"The recent decision of the U.S. Federal Reserve Board (Fed) to increase its assets by purchasing $600 billion worth of Treasury bonds is unlikely to boost economic growth or employment prospects in the U.S. Instead, it will cause damage to the world economy and may even lead to another financial crisis (especially in emerging and developing markets), where the U.S. dollar remains a leading reserve and transaction currency."
Topic:
Financial Crisis, Economy, Macroeconomics, and Currency
Political Geography:
Global Focus and United States of America

50082. Revolutionizing Taiwan’s Security: Leveraging C4ISR for traditional and non-traditional challenges

Author:
Mark Stokes
Publication Date:
02-2010
Content Type:
Working Paper
Institution:
Project 2049 Institute
Abstract:
As a global leader in technology, Taiwan is yet to leverage the information revolution for its C4ISR needs. Faced with an array of security challenges, from China’s conventional and electronic attack to the risk of natural disasters, Taiwan’s defense and disaster management capabilities can be fortified with advanced sensor, communications and satellite technology. In doing so, Taiwan can significantly improve its security outlook.
Topic:
Security, Defense Policy, Science and Technology, and Non-Traditional Threats
Political Geography:
China, Taiwan, and Asia

50083. China’s Nuclear Warhead Storage and Handling System

Author:
Mark Stokes
Publication Date:
03-2010
Content Type:
Working Paper
Institution:
Project 2049 Institute
Abstract:
China maintains its operational nuclear warhead stockpile through a centralized storage and handling system managed by the People’s Liberation Army’s Second Artillery. A preliminary examination indicates that Beijing adopts a responsible and serious attitude with regards to nuclear security and safety. Yet, an expanding ballistic missile infrastructure in the absence of significant growth in their nuclear warhead stockpile could indicate an extension of Second Artillery’s conventional strike mission.
Topic:
Security, Nuclear Weapons, Military Affairs, Weapons, and Nuclear Safety
Political Geography:
China and Asia

50084. Strengthening ASEAN-India Relations in the 21st Century

Author:
Prashanth Parameswaran
Publication Date:
05-2010
Content Type:
Working Paper
Institution:
Project 2049 Institute
Abstract:
One of the most overlooked yet promising relationships in Asia is that between Southeast Asia and India. The Asia-Pacific region as a whole would benefit from a closer partnership between ASEAN and India, particularly in the areas of counter-terrorism, counter-narcotics, climate change, and natural disaster relief. While the impetus for mutual cooperation is strong, forging a strong partnership in the 21st century will require ASEAN and India to overcome several formidable challenges and seize key opportunities with courage, vision and deftness.
Topic:
International Relations, Climate Change, Natural Disasters, Counter-terrorism, Partnerships, Regional Integration, and ASEAN
Political Geography:
South Asia, India, and Asia

50085. Evolving Aerospace Trends in the Asia-Pacific Region: Implications for Stability in the Taiwan Strait and Beyond

Author:
Mark Stokes and Ian Easton
Publication Date:
05-2010
Content Type:
Working Paper
Institution:
Project 2049 Institute
Abstract:
Aerospace power is unquestionably defining the future strategic environment in a region whose vast distances place a premium on speed and agility that defy the laws of gravity. This monograph addresses trends in China’s force modernization, strategy, and doctrine; development of conventional air force, air and missile defense, and long range precision strike modernization in Taiwan, Japan, India, and the United States; and options for countering the coercive utility of evolving PRC aerospace power, including cooperative threat reduction initiatives.
Topic:
Deterrence, Modernization, Strategic Stability, Military, and Aerospace
Political Geography:
China, Taiwan, and Asia-Pacific

50086. The Next Steps in Japan-NATO Cooperation

Author:
Randall Schriver and Tiffany Ma
Publication Date:
11-2010
Content Type:
Working Paper
Institution:
Project 2049 Institute
Abstract:
The Japan-NATO relationship holds greater potential than has been realized to date. A more ambitious, more formal, and more active program for Japan’s involvement with NATO could include enhanced intelligence and information sharing, planning and exercising, defense technical cooperation programs, consultations on strategic deterrence, and a joint Arctic security initiative. While obstacles to closer cooperation are foreseeable, a stronger and closer Japan-NATO relationship will have strategic benefits that resonate beyond the trans-Atlantic region.
Topic:
International Relations, Security, Defense Policy, NATO, and Intelligence Sharing
Political Geography:
Japan, Asia, and Arctic

50087. Mirage or Reality? Asia’s Emerging Human Rights and Democracy Architecture

Author:
Kelley Currie
Publication Date:
12-2010
Content Type:
Working Paper
Institution:
Project 2049 Institute
Abstract:
The report examines the history, current status and future trends of the ASEAN Intergovernmental Commission on Human Rights (AICHR), the Bali Democracy Forum (BDF), and the Asia Pacific Democracy Partnership (APDP). The report also looks at the role that key countries in and around the region are playing in the development of these mechanisms, as well as in shaping the broader context for improved human rights and democratic governance.
Topic:
Human Rights, Governance, Democracy, and ASEAN
Political Geography:
Asia

50088. Trade, Recovery and Sustainable Economic Growth

Author:
Pascal Lamy
Publication Date:
04-2010
Content Type:
Commentary and Analysis
Institution:
Argentine Council for International Relations (CARI)
Abstract:
Economists have long analysed and helped us understand trade, why nations needed it to prosper, and what governments have to do to reap the gains while managing the costs. The many theories they have developed leave no doubt about the importance of trade to growth and economic development.
Topic:
Economic Growth, Trade, and Sustainability
Political Geography:
Global Focus

50089. Issues In Fiscal Policy Management Under The Economic Reforms

Author:
Bright Okogu
Publication Date:
02-2010
Content Type:
Working Paper
Institution:
Centre for the Study of the Economies of Africa (CSEA)
Abstract:
Oil-dependent economies face two interrelated challenges in the management of oil resources: in the short run, there is the need to create a stable macroeconomic environment by delinking oil revenue earnings from public expenditures, while in the long run it is necessary to maintain a sustainable use of resources that ensures intergenerational equity. In most of the past three decades, Nigeria's management of oil resources was poor. The Nigerian economy has experienced significant macroeconomic volatility, driven largely by external terms-of-trade shocks, the country's large reliance on oil export earnings and poor policy choices in the management of oil revenues. By some measures, Nigeria ranked among the most volatile economies in the world for the period 19602000. Moreover, contrary to the received wisdom of increasing financial assets as a means of saving oil revenues, Nigeria had accrued significant domestic and foreign liabilities.
Topic:
Oil, Reform, Economy, Macroeconomics, and Fiscal Policy
Political Geography:
Africa and Nigeria

50090. Implementing The Fiscal Responsibility Act At The State Level In Nigeria

Author:
Vanessa Ushie
Publication Date:
10-2010
Content Type:
Working Paper
Institution:
Centre for the Study of the Economies of Africa (CSEA)
Abstract:
Fiscal responsibility acts have become increasingly common tools to enhance fiscal prudence and public expenditure transparency in many countries. In Nigeria, fiscal profligacy at the sub-national level has emerged as a major contributor to state corruption and macroeconomic instability.
Topic:
Corruption, Economics, Fiscal Policy, and Public Spending
Political Geography:
Africa and Nigeria