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5751. Canada Alert: The Smart Border Process at Two: Losing Momentum?

Author:
Andre Belelieu
Publication Date:
11-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
On December 12, 2001, Canada and the United States signed the Smart Border Declaration, which gave birth to the 30-point Smart Border Action Plan. This bilateral agreement instantly became the de facto framework for ensuring the world's longest undefended border remained secure, while facilitating the flow of people, goods, and services, and was a key component in the larger homeland security goal of creating a zone of confidence against terrorist activity, while causing minimal damage to the world's largest trading relationship. Two years later, the Canadian and U.S. governments can point to progress on all 30 points contained in the Action Plan. Through cooperation and an understanding that a smart border works in the interest of both countries, Canada and the United States can claim to be closer than ever to ensuring that the Canada-U.S. border remains “open to trade and closed to terrorists.”
Topic:
Security, Economics, and Politics
Political Geography:
United States, Latin America, and North America

5752. Mexico: Pessimism is Rational

Author:
Sidney Weintraub
Publication Date:
11-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
Some significant outcomes in Mexico during the past quarter century are worth reviewing. There has been practically no growth in real per capita income since 1980. Until the presidential transition from Ernesto Zedillo to Vicente Fox, there were financial collapses either ending, starting, or during every other sexenio (six-year term) over this period. Perhaps these monotonic curses are a thing of the past, but no Mexican would “bet the farm” on this. These financial collapses were generally accompanied by economic downturns, spectacularly so in 1982 and 1994. Mexicans who came of age over the past 25 years—those now about 40 to 50—have known nothing other than repetitive currency depreciations and lack of sustained growth, and these expectations surely have been programmed indelibly into their psyches. A Mexican would have to be unthinking not to be pessimistic about the future based on recent economic management of the country, its currency, and its financial solidity.
Topic:
Security, Economics, and Politics
Political Geography:
Latin America and North America

5753. Argentina Alert: Welcome to Washington President Kirchner

Author:
Miguel Diaz
Publication Date:
07-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
At the invitation of the White House, Argentina's newly elected president, Nestor Kirchner, will be paying a visit to President George W. Bush this Wednesday, July 23. This is the latest and most notable signal from Washington of an interest in engaging and working with the new government in Buenos Aires. The hope in Foggy Bottom is that this outreach can translate into the kind of constructive and comprehensive relationship that President Bush has established with Brazil's new president, Luis Inácio Lula da Silva, Kirchner's regional partner. Whether Kirchner has the savvy to exploit the gesture to set a tone for the bilateral relationship and establish the general parameters of a mutually rewarding policy agenda will be evident soon enough.
Topic:
Security, Economics, and Politics
Political Geography:
South America and Latin America

5754. Mexico Alert: July 6, 2003, Midterm Elections Preelection Analysis

Author:
Armand Peschard-Sverdrup
Publication Date:
07-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
On July 6, 2003, as many as 64.7 million registered voters will be heading to the polls to cast their votes for all 500 seats in the lower house of the Mexican Congress—the Chamber of Deputies. Of all 500 seats in the Chamber of Deputies, 300 are elected via direct representation (mayoria relativa) and 200 via proportional representation (representacion proporcional).
Topic:
Security, Economics, and Politics
Political Geography:
Latin America and North America

5755. Canada Alert: Canada and Missile Defense

Author:
Dwight N. Mason
Publication Date:
06-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
That the government was about to decide to seek negotiations on participation in the U.S. missile defense system was signaled by Bill Graham, Canadian foreign minister, in his May 15, 2003, statement in Parliament on missile defense policy.
Topic:
Security, Economics, and Politics
Political Geography:
Canada, Latin America, and North America

5756. Cuba, Itamaraty, and Brazil: Same Old Song?

Author:
William Barr
Publication Date:
05-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
The New York Times was by no means the lone voice in criticizing Brazil's abstentions on the Cuba-related motions before the UN Human Rights Commission. Much tougher criticism has come from a wide range of Brazilians, including a substantial segment of academics, journalists, and even politicians who have long praised Cuba's independence from the U.S. orbit and criticized the United States' economic blockade.
Topic:
Security, Economics, and Politics
Political Geography:
United States, New York, Brazil, Cuba, United Nations, and Latin America

5757. Argentina Alert (Double Issue)

Author:
Miguel Diaz and Carlos M. Regúnaga
Publication Date:
05-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
Argentina's national mania to experiment with new rules, procedures, and institutions never ceases to produce surprising, and sometimes stunning results. This time, the electoral process has been managed in such a bizarre way that as a result, the primary election of the Peronist Party will take place after the general election rather than before, as one would expect in a normal, more boring country.
Topic:
Security, Economics, and Politics
Political Geography:
Argentina, South America, and Latin America

5758. Argentina Alert: Summary of the Elections

Author:
Carlos M. Regúnaga
Publication Date:
05-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
Voter turnout for the April 27 elections was among the highest in record: about 80 percent of the total population eighteen years old and older. The number of empty ballot envelopes was less than 1 percent, and votes annulled were within the normal margins in any election. All of this indicates that the protest vote (“voto bronca”), which was so high in the 2001 congressional elections, was not a factor in this election. The large number of candidates—and the exceptionally high number of candidates with the possibility of reaching the second round presidency on May 18 in particular—may have convinced electors to cast positive votes.
Topic:
Security, Economics, and Politics
Political Geography:
Argentina, South America, and Latin America

5759. Cuba Alert: Cuban Dissidents Under Siege

Author:
Brian Latell
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
The campaign against internal opposition launched last month by Fidel Castro's regime is among the most inhumane of the numerous crackdowns conducted during the more than 44 years he has ruled Cuba. Beginning in mid March, Cuban security personnel, often acting violently, rounded up more than 100 men and women associated with groups committed to peaceful democratic change on the island.
Topic:
Security, Economics, and Politics
Political Geography:
Cuba, Latin America, and Caribbean

5760. Chile Uses Institutional Strength-To Counter Corruption Scandals

Author:
Luis Pinto
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
Since Augusto Pinochet stepped down as president in 1989, Chile has been one of the most politically, socially, and economically successful countries in the region. The country has been able to move forward because of its aggressive promotion of exports, strength of its institutions, and the trust it has built with the international community. Recently however, Chile has found itself opposing the United States, a long time champion and supporter; it was also embroiled in several domestic corruption scandals. Chile has turned to the strength of its institutions and its international credibility to get back on track.
Topic:
Security, Economics, and Politics
Political Geography:
United States, South America, Latin America, and Chile

5761. Canada Alert: The 2003 Quebec Provincial Election: A Vote for Change in La Belle Province

Author:
Andre Belelieu
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
On April 14, Quebeckers voted for change while keeping with half a century of tradition. With 70 percent of Quebec's 5.5 million registered voters casting their ballots, the Liberal Party (PLQ) under Jean Charest ended nine years of Parti Quebecois (PQ) rule, winning 45.9 percent of the popular vote and 76 out of 125 seats in Quebec's National Assembly. The governing PQ, which won 33.2 percent of the vote and picked up 45 seats in the National Assembly, was therefore swept from power despite a fairly positive record in government, proving that no matter how competently a government rules in Quebec, it is not immune to the political reality that no party has been able to win a third consecutive term in office since the Union Nationale in 1952.
Topic:
Security, Economics, and Politics
Political Geography:
Canada, Latin America, and North America

5762. Argentina Alert-Argentine Election: Fateful Choice

Author:
Carlos M. Regúnaga
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
Observers unfamiliar with Argentine history may see in the present campaign a lack of real confrontation and choice of ideas. And they may be misled in that direction by the fact that candidates have devoted great time and effort to expose flaws in their opponents' character and background and very little to explain platforms and proposals. One should not be deceived, however, by appearances. The ideological spectrum represented by the five candidates is much wider than has been seen in any U.S. election in recent history. That statement needs, however, some historical perspective.
Topic:
Security, Economics, and Politics
Political Geography:
Argentina, South America, and Latin America

5763. Brazil Alert: President Lula

Author:
William Perry
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
100 days have now passed since Luiz Inácio “Lula” da Silva donned Brazil's presidential sash on January 1, 2003. Perhaps use of this traditional U.S. benchmark, even for preliminary judgments, is a bit unfair, as the Brazilian political calendar with Carnival holidays off, precludes Congress from really beginning to function until early March. Nevertheless, the past three months have been instructive in terms of gauging the problems and prospects of the new Workers' Party (PT) government.
Topic:
Security, Economics, and Politics
Political Geography:
Brazil, South America, and Latin America

5764. Mexico Alert: Economic Competitiveness in Mexico: Recent Evolution, Prospects, and Repercussions for the United States

Author:
Mariano Ruiz-Funes
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
A country's economic competitiveness can be analyzed on two closely interrelated levels: microeconomic com-petitiveness and competitiveness in attracting investment. The first level (microeconomic competitiveness) relates to goods and services offered in the country and refers to competition arising from goods and services that are produced in another country. That competition takes place in international markets (export competitiveness) as well as in the domestic market (with imports).
Topic:
Security, Economics, and Politics
Political Geography:
United States, Latin America, North America, and Mexico

5765. Mexico Alert: The Impact of the War in Iraq on Canada, the Caribbean, and Latin America

Author:
Phillip McLean
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
Once again events elsewhere have driven news of Canada, the Caribbean and Latin America off the front pages— even from newspapers in the region. Lack of attention may be the least of those countries' concerns about the war. The more serious consequence is likely to be that the war will accentuate the hemisphere's already evident problems. To the degree that the war slows the growth of world trade, the region's near-term economic prospects will suffer, and global uncertainties will dim the promise of more open and dynamic markets.
Topic:
Security, Economics, and Politics
Political Geography:
Iraq, Canada, South America, Latin America, Central America, Caribbean, and North America

5766. Mexico Alert: The Impact of the War in Iraq on Mexico

Author:
Armand Peschard-Sverdrup
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
When looking at the ramifications of the war in Iraq on the Western Hemisphere, it is clear that the conflict will have the greatest impact on the two nations with which the United States shares borders—Mexico and Canada. From a national security standpoint, these nations' immediate proximity to the United States automatically heightens the threat to their own national security, particularly because we seem to have entered an era in which the use of weapons of mass destruction—be they nuclear, chemical, or biological—poses a viable threat. From a U.S. homeland security standpoint, the shared border transforms both of our friendly neighbors into possible platforms from which rogue elements could stage attacks or enter the United States to threaten our homeland.
Topic:
Security, Economics, and Politics
Political Geography:
United States, Iraq, Canada, Latin America, North America, and Mexico

5767. Argentina Alert: Polls Apart

Author:
Carlos M. Regúnaga
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
The race for the Argentine presidency is now in the next to last lap. The first ballot will be cast April 27, but for the first time in history it looks as if a second ballot will be required. If it is, it will take place on May 18. At this juncture, public opinion and pundits' predictions are poles apart. But before analyzing them, it might be useful to remember the electoral system now in effect.
Topic:
Security, Economics, and Politics
Political Geography:
Argentina, South America, and Latin America

5768. Mexico Alert: The Vote That Wasn't

Author:
Luis Rubio
Publication Date:
03-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
Mexico's President Vicente Fox chose a rather awkward time to take a stand supporting a multilateralist approach in foreign policy. Even though a multilateral approach matches neatly—almost naturally—with the country's history, taking such a visible stand after the events of September 11 entailed huge risks that nobody in Fox's cabinet could ignore, even if, in retrospect, few truly understood what the actual risks were. Yet, oblivious to that fact, the government pushed ahead. Even after President George W. Bush had decided not to pursue a vote in the UN Security Council on a follow-up resolution that would have de facto authorized the use of force in Iraq, the Mexican government found it necessary to state that it would have voted “no.” The critical question is less whether this constitutes an approach to foreign policy that is new for Mexico than whether the administration truly understands the implications of its newfound ways.
Topic:
Security, Economics, and Politics
Political Geography:
Latin America, North America, and Mexico

5769. Mexico Alert: NAFTA And Mexico's Agriculture

Author:
Sergio Sarmiento
Publication Date:
03-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
For a long time, it seemed impossible for any issue to forge an alliance between the Institutional Revolutionary Party (PRI)—the party that ruled Mexico from 1929 to 2000—and the leftist Party of the Democratic Revolution (PRD). This issue, however, has clearly emerged now with the attempt to force President Vicente Fox, a member of the conservative National Action Party (PAN), to renegotiate the North American Free Trade Agreement (NAFTA) in order to offer special protection to Mexico's agriculture.
Topic:
Security, Economics, and Politics
Political Geography:
Latin America and North America

5770. Mexico Alert: Mexico State Election

Author:
Armand Peschard-Sverdrup and George W. Grayson
Publication Date:
03-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
On March 9, 2003, the citizens of Mexico state (Edomex) will elect 124 municipal government officials and 75 members of the state legislature. Although local contests, these elections have attracted national attention for several reasons. First, with 13 million inhabitants Edomex is the most populous of Mexico 31 states–with approximately 4.5 million more citizens than Mexico City. Second, Mexico state also boasts more than 8 million voters, the most of any state and 12.55 percent of the nationwide total. Third, Mexico state is a microcosm of the country–with (1) a vibrant manufacturing sector, (2) one-third of its income arising from agriculture, (3) a small indigenous population, (4) a plethora of middle-class residents who work for the government, own small businesses, or practice professions such as medicine, dentistry, accounting, and teaching, and (5) poor people who eke out a living in Chalco, Texcoco, and other sprawling slums contiguous to Mexico City. Fourth, Edomex is an arena of intense political activism, involving the country's three major parties: the once-hegemonic Institutional Revolutionary Party (PRI), the center-right National Action Party (PAN), and the nationalist-left Democratic Revolutionary Party (PRD). In addition, the Mexican Green Ecological Party (PVEM) boasts its largest support base in the state, while several new or small parties will also compete in the upcoming election. These include the centrist Convergencia, the leftist Workers' Party (PT), the right-wing Social Alliance (PAS), the conservative Party of the Nationalist Society (PSN), the reform-oriented México Posible (MP), the Mexican Liberal Party (PLM), Citizens' Force (FC), and the Citizens' Parliament (PC). Fifth, the importance of the state means that any major Edomex politician who distinguishes himself will wind up on the short list of contenders for the presidency in 2006. Finally, the outcome of the Mexico state balloting will provide an insight into the relative strength of contending parties as they prepare for the July 6 election of 500 members of the Chamber of Deputies and six governors (Campeche, Colima, Nuevo León, Querétaro, San Luis Potosí, and Sonora).
Topic:
Security, Economics, and Politics
Political Geography:
Latin America, North America, and Mexico

5771. Global Human Development: Explaining Its Regional Variations

Author:
Robert B. Smith
Publication Date:
11-2003
Content Type:
Working Paper
Institution:
Columbia International Affairs Online
Abstract:
The United Nations Development Program (UNDP) ranks countries annually on its human development index (HDI), which combines a country's measures of longevity, literacy, and per capita income. This paper applies hierarchical modeling to quantify the factors that predict a country's HDI rank, explain the variability between regions, 2 R , and explain the variability between countries within a region, 2 c . It assesses the effects of nine civilizations: African, Buddhist, Hindu, Japanese, Latin, Moslem, Orthodox, Sinic, and Western. Civilization strongly predicts a country's rank on the HDI, but it does not provide the strongest causal explanation of the variability in the HDI quantified by 2 R and 2 c . Among the covariates studied here, present-day slavery (debt bondage, forced labor, chattel slavery, and prostitution) and the lack of political freedom explain much of the variability that is between regions, and corruption explains much of the variability among countries within a region. Additionally, countries with high rates of conflict and social unrest and debt have significantly worse positions on the HDI. Civilizations are best viewed as pointers to underlying social mechanisms like women's education that more directly determine development; its advance may enhance development
Topic:
Demographics, Development, Economics, and Human Welfare
Political Geography:
United Nations

5772. Composite Indexes of Leading, Coincident, and Lagging Indicators: May 2003

Publication Date:
05-2003
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The Conference Board announced today that the U.S. leading index increased 1.0 percent, the coincident index increased 0.1 percent, and the lagging index decreased 0.1 percent in May.The leading index increased sharply in May following a slight gain in April. This increase was largely due to stock prices, real money supply, and consumer expectations, but most other components also increased slightly. It is possible that these two consecutive increases reflect the beginning of an upward trend, thereby ending the flat trend that began in early 2002.The strength in the leading indicators has become more widespread as shown by a pick-up in the diffusion indexes, which measure the proportion of the components that are rising. The one- and six-month diffusion indexes are now at or above fifty percent, up from lower levels earlier in the year. The coincident index, a measure of current economic conditions, increased modestly in May after holding steady in the previous two months. The coincident index remained essentially flat in the second quarter, but is likely to increase in the second half of the year reflecting the recent gains in the leading index.
Topic:
Economics and Political Economy
Political Geography:
United States

5773. Composite Indexes of Leading, Coincident, and Lagging Indicators: April 2003

Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The Conference Board announced today that the U.S. leading index increased 0.1 percent, the coincident index decreased 0.1 percent, and the lagging index decreased 0.5 percent in April.After declining in February and March, the leading index increased slightly in April. Since early 2002, the leading index has been fluctuating around a flat trend. This is consistent with real GDP growth continuing to fluctuate around a 2% to 2.5% average annual rate.Despite rebounding financial indicators and consumer expectations, there is still weakness in the labor market and manufacturing indicators. Weakness in these components reflects the recent declines in manufacturing capacity utilization.The coincident index, a measure of current economic conditions, decreased in April after holding steady in March. The slight decline in the coincident indicators in April is consistent with the weakness in the leading index in the first quarter of 2003.
Topic:
Economics and Political Economy
Political Geography:
United States

5774. Composite Indexes of Leading, Coincident, and Lagging Indicators: March 2003

Publication Date:
03-2003
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The Conference Board announced today that the U.S. leading index decreased 0.2 percent, the coincident index held steady, and the lagging index decreased 0.1 percent in March.The leading index declined for a second consecutive month in March, but the information available so far in April suggests that these declines will not continue. The leading index has been fluctuating around a flat trend since December 2001.The flatness in the leading index suggests that U.S. real GDP growth will stay in the 2-3% range for now. As long as economic growth is constrained in this range, the labor market cannot improve.The coincident index has been essentially flat in recent months with gains in income and sales offset by weakness in employment and industrial production. With economic growth at or slightly below potential, the coincident index is unlikely to grow strongly.
Topic:
Economics and Political Economy
Political Geography:
United States

5775. Composite Indexes of Leading, Coincident, and Lagging Indicators: February 2003

Publication Date:
02-2003
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The Conference Board announced today that the U.S. leading index decreased 0.4 percent, the coincident index held steady, and the lagging index decreased 0.1 percent in February.The leading index fell in February for the first time since September 2002. Uncertainty over war in Iraq, as well as severe winter weather in February, is reflected in the widespread weakness, particularly in stock prices, consumer expectations, and the labor market. Some of these weaknesses have persisted through March.More generally, the leading index has been fluctuating around a flat trend over the past 15 months with a balance between rising and falling components. The index fell in the third quarter of 2002, rose in the fourth quarter, and is now declining again in the first quarter.After flattening in the fourth quarter of last year, the coincident index, a measure of current economic activity, increased 0.2 in January and held that level in February (with a decline in employment offsetting the gains in income, production, and sales). At this point, the leading index is suggesting that economic growth may be on the sluggish side in the second quarter.
Topic:
Economics and Political Economy
Political Geography:
United States and Iraq

5776. Composite Indexes of Leading, Coincident, and Lagging Indicators: January 2003

Publication Date:
01-2003
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The Conference Board announced today that the U.S. leading index decreased 0.1 percent, the coincident index increased by 0.2 percent, and the lagging index decreased 0.1 percent in January.A sharp drop in claims for unemployment insurance offset the weak expectations of consumers in January. The leading index remains well above its peak prior to the 2001 recession and just below the previous high achieved in May 2002.The coincident index turned up again in January after pausing in the last quarter of 2002. This month's increase in the coincident index, the largest in six months, is consistent with the gains in the leading index late last year and reflects better current conditions in the beginning of this year.Barring any shock or prolonged uncertainty in the Middle East, the leading and coincident indexes point to a more robust pace of economic activity in the coming months.
Topic:
Economics and Political Economy
Political Geography:
United States

5777. Africa's Debt: Fueling the fire of AIDS

Publication Date:
05-2003
Content Type:
Working Paper
Institution:
Africa Policy Information Center
Abstract:
Africa is the world's poorest region, and most of its people live on less than $1 a day... but African countries owe $300 billion in foreign debt. This is a huge financial burden on the people of Africa. While African countries struggle to cope with the HIV/AIDS crisis and with extreme poverty, they must spend millions more on debt repayments than on their own urgent priorities.
Topic:
Debt, Economics, Human Rights, and Human Welfare
Political Geography:
Africa

5778. Emerging Third Stage Peri-Urbanization: Functional Specialization in the Hangzhou Peri-Urban Region

Author:
Douglas Webster, Jianming Cai, Binyi Luo, and Larisa Muller
Publication Date:
10-2003
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
Hangzhou Municipality is the provincial capital of Zhejiang, on China's east coast. It forms part of the Yangtze River Delta (YRD) region. Hangzhou was “opened up” in the mid-1980s, following Deng Xiaoping's visit to the South, resulting in an almost immediate flood of foreign and domestic investment in manufacturing. This initial investment was significantly in the peri-urban areas, i.e., outside the built-up area. The authors have been following development in the Hangzhou extended urban region, with emphasis on peri-urbanization processes, since 2000. A previous APARC discussion paper describes findings of preliminary field research on the Hangzhou–Ningbo Corridor, conducted in August 2000 and March 2001. The present paper zooms in on two peri-urban clusters in the Hangzhou extended urban region, and assesses their development over time. The goal of the research is to better understand how a peri-urban region changes—particularly in terms of firm evolution, labor characteristics, and spatial dynamics—as it becomes more economically and demographically mature. This paper also examines such changes in the context of the increasing cost structures and emerging competitors, primarily from other areas in China, that the Hangzhou peri-urban region now faces.
Topic:
Demographics, Economics, and Industrial Policy
Political Geography:
China, Asia, and Maryland

5779. Spatial and Temporal Patterns of Urban Dynamics in Chengdu, 1975–2002

Author:
Douglas Webster, Jianming Cai, Binyi Luo, Annemarie Schneider, and Karen C. Seto
Publication Date:
10-2003
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
Chengdu, the provincial capital of Sichuan, has undergone rapid transformation during China's post-reform period between 1978 and 2003. One of the leading cities in southwest China, Chengdu is second only to Chongqing in population. Chengdu anchors one end of the Chongqing-Chengdu urban corridor, the fourth most populous urban cluster in China. Although the upgrading of Chongqing Municipality to the equivalent of provincial status in 1997 has increased the city's profile and potential as an administrative, land transportation, and manufacturing center, it is expected that Chengdu's regional and strategic importance as a service and high-tech center will increase in the future. With increased economic specialization among Chinese cities, it is expected that Chengdu and Chongqing cities will increasingly complement each other in terms of function, both enhancing their developmental prospects as a result. Further, the development of western China is a major objective of the Tenth Five Year Plan. The “Go West” policy was introduced in 1999.
Topic:
Economics, Government, and Politics
Political Geography:
China, Asia, Chongqing, and Chengdu

5780. Tax Reforms for Enhancing the Stable Development of the Chinese Financial System

Author:
Lawrence J. Lau and Guijuan Wang
Publication Date:
09-2003
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
The Chinese economy has had the highest rate of growth in the world in the past two decades. However, despite its rapid growth and the significant improvements in its financial system, serious risks and problems still exist in both the commercial banking sector and the stock market, that may potentially threaten the stable development and growth of the entire economy. In this paper, these risks and problems in the stock market and the commercial banking sector are identified. Possible solutions are then discussed. Finally, tax reforms are proposed that have the effects of (1) eliminating the double taxation on cash dividends from corporate profits; (2) encouraging the substitution of new equity for existing debt by corporations, which can lower the P/E ratios without lowering the stock prices and improve quality of commercial bank assets by reducing the probability of new nonperforming loans; and (3) attracting new and longer-term investors, both domestic and foreign, to the Chinese stock market. It is also shown that the proposed tax reforms will not result in a significant reduction in total fiscal revenue.
Topic:
Economics and Government
Political Geography:
China and Asia

5781. Farmer's Willingness to Pay for Power in India

Author:
Rafiq Dossani and V. Ranganathan
Publication Date:
07-2003
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
Electric power for rural pumpset usage is subsidized by all the states in India, the subsidy being estimated at 1.1 percent of GDP. Users are charged a highly subsidized, flat, annual fee that varies with pumpset size. This fixed charge has encouraged waste and raised subsidies over time. Unwilling to bear these costs any longer, states have proposed a range of strategies, including independent regulation, metering of agricultural pumpsets, and raising prices.
Topic:
Economics and Government
Political Geography:
South Asia and India

5782. The Politics of China's Shareholding System

Author:
Mary Comerford Cooper
Publication Date:
06-2003
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
This paper considers two questions. First, why did the Chinese government establish stock markets? Second, how have political interests shaped the key features of these markets? Based on both interviews and statistical analysis, the paper argues that China's top Party-State leaders attempted to create stock market institutions that allow the state to maintain control over listed companies, and over “the market” as a whole.
Topic:
Economics and Government
Political Geography:
China, Israel, East Asia, and Asia

5783. Local Governments and the Chinese Stock Market

Author:
Mary Comerford Cooper
Publication Date:
04-2003
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
This paper examines a key aspect of the politics of stock markets in China—the distinct differences in interests between central government leaders and local governments. Central government leaders have a powerful incentive to promote macroeconomic stability and good performance of the stock market. Local leaders, for their part, are less concerned with the overall performance of the stock market than with gaining access to the stock market for companies under their own jurisdiction. The paper demonstrates that company listing brings tangible economic benefits to municipalities. Listed companies are associated with higher levels of gross domestic product (GDP), budgetary revenue, and industrial and commercial tax revenue. Therefore, it is not surprising that local officials put substantial effort into lobbying for the right to list additional companies on the national stock exchanges.
Topic:
Communism, Democratization, Economics, and Government
Political Geography:
China and Asia

5784. Sociological Dimensions of China's Economic Transition: Organization, Stratification, and Social Mobility

Author:
Andrew G. Walder
Publication Date:
04-2003
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
Despite skepticism about official economic statistics, there is little doubt that China since 1978 has undergone an economic transformation of historic proportions. This outcome stands in stark opposition to arguments that were once widely accepted in several scholarly communities, and which are still highly influential even today. In the early 1980s there was wide agreement that “partial” reform, under a single party dictatorship that sought indefinitely to preserve public ownership, was a recipe for failure. China specialists, students of comparative economic systems, and economists who advised governments and international agencies about postcommunist restructuring in Eurasia were initially in broad agreement on this point.
Topic:
Economics, Government, and Politics
Political Geography:
China and Asia

5785. International Organizations and Democratization: Testing the Effect of GATT/WTO Membership

Author:
Mary Comerford Cooper
Publication Date:
04-2003
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
Does the World Trade Organization promote democracy? A large part of the heated and protracted debate over China's application for WTO membership revolved around this question. Prior to China's WTO accession in December 2001, this debate had dragged on for nearly fifteen years. While one side argued that WTO membership would promote democratization in China, others argued that the wealth generated through economic integration would provide the resources to maintain authoritarian rule. Only time will tell whether WTO accession will contribute to pressures for democratization in China. In the meantime, however, this paper examines the empirical basis for these competing claims about the effects of GATT/WTO memberships on domestic political systems. Based on statistical analysis of a global data set, this paper concludes that members of the international trade regime are more likely than nonmembers to be democracies. However, there is little evidence that WTO membership in itself can promote democratic transition. Instead, it appears to be the case that democratic countries are more likely to seek to join the WTO.
Topic:
Communism, Democratization, Economics, and Government
Political Geography:
China and Asia

5786. Politics and Property in Transitional Economies: A Theory of Elite Opportunity

Author:
Andrew G. Walder
Publication Date:
04-2003
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
Command economies gave communist-era elites administrative control and material privilege but severely restricted money income and private wealth. Markets and privatization inject new value into public assets and create unprecedented opportunities for elite insiders to extract incomes or assume ownership. These opportunities vary with the extensiveness of regime change and the barriers to asset appropriation. Within these limits, they further vary with the concentration and form of economic assets and structural changes induced by reform. Elite advantages are smallest where regime change is extensive and barriers to asset appropriation are high, and in small-scale economies that grow rapidly. In China, there has been no regime change and privatization has been delayed and slow. In the rural economy, elites keep their posts as a source of economic advantage, while low entry barriers to household enterprise and rapid growth have created new entrepreneurial elites. After two decades, rural officials nonetheless enjoy large net income advantages that grow along with the expansion of labor markets and private entrepreneurship. These are not generic outcomes of market reform, but the product of market reform in distinctive political and structural conditions.
Topic:
Communism, Economics, Government, and International Trade and Finance
Political Geography:
China and Asia

5787. The Paradox of Korean Globalization

Author:
Gi-Wook Shin
Publication Date:
01-2003
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
Some months ago a Stanford freshman came to ask for help on his project on Korea. At the time, I thought he was a Korean American, given that his command of both English and Korean is excellent. To my surprise, I learned that he was educated until high school in Korea and had never been to the United States before coming to Stanford. He surprised me further when he told me about his high school, the Korean Minjok Leadership Academy (KMLA). Located in a remote area of Kwangwon province—arguably the more underdeveloped region in South Korea—KMLA aspires to be Korea's version of Eton. The school's goal is to produce Korea's future leaders, and to instill in them a strong national identity (see its website at http://www.minjok.hs.kr). Fascinated by what he told me, I made a visit to his high school in fall 2002.
Topic:
Economics, Globalization, and Nationalism
Political Geography:
United States, America, Asia, and Korea

5788. Fundusz Mikro An Experiment In Partnership–Based Microfinance 1998 – 2002.

Author:
Witold Szwajkowski
Publication Date:
10-2003
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
Fundusz Mikro's evolution has to be understood in the context of Poland's emergence from communism during the 1990s. For businesses, the challenge of that time was not merely to learn new skills, but to unlearn old habits and attitudes while at the same time taking on new ones appropriate to a market economy. Because of this shift, Fundusz Mikro (FM) found that it had to do more than lend money; it had to learn to play a more pro-active role in changing the culture in which business took place. The financial crisis of1998 and the harder economic times since then were an added incentive for FM to adapt its approach, products, and finally its mission.
Topic:
Economics, Emerging Markets, and International Trade and Finance
Political Geography:
Europe and Poland

5789. The Chinese Economy: WTO, Trade, and U.S.-China Relations

Author:
Barry Naughton
Publication Date:
01-2003
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
The Chinese economy is showing extraordinary dynamism, which partly reflects the early impact of the commitments in China's WTO accession agreement to liberalize the economy. Incoming foreign investment has increased, and trade has grown rapidly. At the same time, China is grappling with serious economic problems that may worsen in the near future. The most difficult problem in crafting China policy is deciding how to respond flexibly to this extraordinary mixture of dynamism and fragility. Rapid growth gives the Chinese economy remarkable resilience; but deep-seated institutional weakness and stubborn problems of poverty and unemployment create dangers of social and economic disruption. An effective U.S. China policy must navigate between the extremes of over-estimating China's current economic strength and under-estimating her potential.
Topic:
Economics, International Political Economy, and International Trade and Finance
Political Geography:
United States, China, and Asia

5790. Iraq: The Day After

Author:
Thomas R. Pickering and James R. Schlesinger
Publication Date:
03-2003
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
If the United States goes to war and removes the regime of Saddam Hussein, American interests will demand an extraordinary commitment of U.S. financial and personnel resources to postconflict transitional assistance and reconstruction. These interests include eliminating Iraqi weapons of mass destruction (WMD); ending Iraqi contacts, whether limited or extensive, with international terrorist organizations; ensuring that a post-transition Iraqi government can maintain the country's territorial integrity and independence while contributing to regional stability; and offering the people of Iraq a future in which they have a meaningful voice in the vital decisions that impact their lives.
Topic:
Conflict Resolution, Economics, and Human Rights
Political Geography:
United States, Iraq, America, and Middle East

5791. Does venture capital investment spur employment growth?

Author:
Ansgar Belke, Rainer Fehn, and Neil Foster
Publication Date:
12-2003
Content Type:
Working Paper
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
Anglo-Saxon countries have been successful in the 1990s concerning labour market performance compared to the former role models of Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets, with bank-based financial markets as in Germany and Japan being possibly inferior to stock-market based financial markets in turbulent times and when approaching the economic frontier. A cleavage is related to venture capital markets which are flourishing in Anglo-Saxon but not in German-type financial markets. Venture capital is crucial for financing structural change, new firms and innovations and therefore possibly also nowadays for employment growth.
Topic:
Economics and International Trade and Finance
Political Geography:
Japan, Europe, and Germany

5792. Fiscal Policy in the New Open Economy Macroeconomics and Prospects for Fiscal Policy, Coordination

Author:
Leonor Coutinho
Publication Date:
06-2003
Content Type:
Working Paper
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
This paper reviews the analysis of fiscal policy in the new open economy macro-economics literature, in view of increasing interest in the question of transmission and coordination of policies across countries, stirred by developments in this literature and by the formation of the euro area. The analysis focuses on two main points: (i) the identification of welfare spillover effects to third countries; and (ii) the assessments made so far of the potential gains from pursuing non-cooperative and cooperative fiscal stabilisation policies. Regarding welfare spillovers, some additional results are derived to examine whether the exchange rate regime (flexible or fixed) matters for the size of these spillovers, and whether the type of policy pursued (balanced-budget or debt-financed) matters. Fixed exchange rates only seem to postpone the costs from the short to the long run, but the type of policy is crucial in determining the welfare impact of fiscal expansions. With respect to policy coordination, attention is drawn to the need to reflect on a potential role for fiscal policy as a stabilisation tool, and on possible interactions between fiscal and monetary policy.
Topic:
Economics and International Political Economy
Political Geography:
Europe

5793. The Civil False Claims Act: Using Lincoln's Law to Protect the European Community Budget

Author:
Alan Riley
Publication Date:
11-2003
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
This paper argues that the US Civil False Claims Act of 1986 (hereafter CFCA) could provide the European Community with a means to effectively protect the largely decentralised revenue collection and expenditure of the Community bud get. It also offers a solution to the difficulty of creating an effective means of investigation and penalisation of cross-border fraud without having to create a Community criminal law or a European Public Prosecutor.
Topic:
Economics and International Trade and Finance
Political Geography:
Europe

5794. Southern Serbia's Fragile Peace

Publication Date:
12-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
The Albanian-majority Presevo Valley in southern Serbia is one of the few conflict resolution success stories in the former Yugoslavia. Yet tensions linger, and a series of violent incidents in August and September 2003 demonstrated that the peace can still unravel. Serbia's stalled reform process is preventing the political and economic changes that are needed to move forward on many critical issues in the area, and there is a general sense among local Albanians that peace has not delivered what it promised: an end to tensions with Serb security forces and prosperity.
Topic:
Security, Democratization, Development, Economics, and Politics
Political Geography:
Central Asia, Yugoslavia, and Serbia

5795. Youth in Central Asia: Losing the New Generation

Publication Date:
10-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
More international involvement is needed in all spheres of youth activity in Central Asia, where around half the population is under 30. In a world where many people expect progress with each generation, most of the young in this region are worse off than their parents. They have higher rates of illiteracy, unemployment, poor health, and drug use and are more likely to be victims or perpetrators of violence. Few regions have seen such sharp declines in the welfare of their youth, and the combination of declining living standards with a demographic bulge brings increased risks of political instability and conflict. Current trends must be reversed if the region is to avoid more serious economic and political problems.
Topic:
Conflict Prevention, Demographics, Economics, Education, and Poverty
Political Geography:
Central Asia

5796. The Challenge of Political Reform: Jordanian Democratisation and Regional Instability

Publication Date:
10-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
Navigating the treacherous shoals of the Iraq conflict with a steady hand, Jordan appears to have emerged unscathed from the turbulent months just past. The Hashemite Kingdom adjusted its rhetoric to fit the public mood while backing U.S. policy in Iraq and in the Israeli-Palestinian struggle, managed to overcome its principal weaknesses and now faces the post-war world with renewed confidence and authority.
Topic:
Democratization, Demographics, Development, Economics, and Politics
Political Geography:
United States, Iraq, Israel, Palestine, Arabia, and Jordan

5797. Iran: Discontent and Disarray

Publication Date:
10-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
The decision to award the Nobel Peace Prize to Shirin Ebadi, a courageous human rights lawyer, has focused renewed attention on the deep divisions and tensions within Iran. How these work out, and how Iran defines its role in the world, will have a critical impact on a range of wider security issues, from Iraq and Afghanistan to the Arab-Israeli conflict and the future of nuclear non-proliferation.
Topic:
Security, Demographics, Development, Economics, Politics, and Poverty
Political Geography:
Afghanistan, Iran, Israel, and Arabia

5798. Disarmament and Reintegration in Afghanistan

Publication Date:
09-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
The domination of Afghanistan's political landscape by armed parties and individual commanders is still the principal obstacle to implementation of the political process that was agreed at the Bonn conference in late 2001. Without a credible process of disarmament, demobilisation and reintegration of former commanders and fighters into society (DR), it is inconceivable that any of the key elements of that political process - including the adoption of a new constitution, judicial reform, and elections - can be meaningfully implemented. More international engagement across the country - in the form of both security contributions and economic assistance - remains the essential ingredient.
Topic:
Conflict Prevention, Development, Economics, and Peace Studies
Political Geography:
Afghanistan and Central Asia

5799. Good Intentions Will Not Pave The Road to Peace

Publication Date:
09-2003
Content Type:
Policy Brief
Institution:
Center on International Cooperation
Abstract:
The Afghan people have been promised a lot in the last two years. New rules for a new world would be written in their country. Regime change would deliver Afghans, finally, from oppression and violence, while a Marshall Plan would give them a chance to rebuild their lives.
Topic:
Development, Economics, and International Cooperation
Political Geography:
Afghanistan and Asia

5800. Revaluing the renminbi: a case of 'déjà vu all over again'?

Author:
Mark P Thirlwell
Publication Date:
11-2003
Content Type:
Policy Brief
Institution:
Lowy Institute for International Policy
Abstract:
There are strong parallels between today's US-China tensions over trade and US-Japan economic relations in the 1980s.
Topic:
Economics
Political Geography:
United States, Japan, China, Israel, East Asia, and Asia