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55002. 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
55003. Globalization of IT Services and White Collar Jobs: The Next Wave of Productivity Growth
- Author:
- Catherine L. Mann
- Publication Date:
- 12-2003
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- Businesses throughout the US economy continue to transform even after the technology boom has faded. The key sources of this continuing transformation are investment in the information technology (IT) package (hardware, software, and business-service applications) and reorientation of business activities and processes to use both information and technology effectively.
- Topic:
- Economics, Globalization, International Trade and Finance, and Science and Technology
- Political Geography:
- United States
55004. Next Move in Steel: Revocation or Retaliation?
- Author:
- Gary Clyde Hufbauer and Ben Goodrich
- Publication Date:
- 10-2003
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- In May 2003, the World Trade Organization (WTO) dispute panel ruled that US steel safeguards imposed in March 2002 are illegal. The WTO Appellate Body is all but certain to confirm the panel's judgment, probably by December 2003. Then the Bush administration will face an important choice. It can keep the safeguards in place, pleasing steel producers and important constituencies in West Virginia, Pennsylvania, and Ohio. However, doing so would further anger steel users, who have probably lost more business and jobs as a direct consequence of the safeguards than steel producers have gained. Maintaining the safeguards would also send a signal to the world's trading nations that the United States is not prepared to endure the political cost of eliminating steel protection. Furthermore, the administration would run the risk that, in the middle of a presidential election season, foreign countries will exercise their rights under the WTO to retaliate.
- Topic:
- Government and International Trade and Finance
- Political Geography:
- United States, Pennsylvania, Ohio, and West Virginia
55005. EU Accession and the Euro: Close Together or Far Apart?
- Author:
- Peter B. Kenen and Ellen E. Meade
- Publication Date:
- 10-2003
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- In May 2004, ten countries are due to join the European Union. They are therefore obliged to join the European Monetary Union (EMU) and adopt the euro as their national currency. Most of them, moreover, have been eager to do that. None of them sought an opt-out of the sort that Britain and Denmark obtained in 1991, when the Maastricht Treaty was drafted. Membership in EMU is not automatic, however, because the accession countries must first satisfy the preconditions contained in the Maastricht Treaty. Although those preconditions are rigorous, and some of the accession countries are still far from meeting them, most of those countries have indicated that they want to enter EMU at the earliest possible date.
- Topic:
- Economics and International Trade and Finance
- Political Geography:
- Britain, Europe, and Denmark
55006. More Pain, More Gain: Politics and Economics of Eliminating Tariffs
- Author:
- Gary Hufbauer and Ben Goodrich
- Publication Date:
- 06-2003
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- A good proposal to eliminate tariffs must take into account both the pain and gain that developing countries are likely to experience. The authors take the measure of these costs and benefits and urge rich countries to maximize the benefits to developing countries while giving them ample time to accept, and adjust to, the changes that trade liberalization will require. But trade liberalization should not stop with tariff proposals. The United States and other industrial countries should generously reduce subsidies to farmers and eliminate nontariff barriers on agricultural imports. The United States should offer more concessions on services trade, particularly in its allowances for temporary foreign workers. Unless rich countries put more on the table, a WTO agreement to eliminate tariff barriers may be postponed for years.
- Topic:
- Economics, International Trade and Finance, Political Economy, and Third World
- Political Geography:
- United States
55007. Rules Against Earnings Stripping: Wrong Answer to Corporate Inversions
- Author:
- Gary Hufbauer and Ariel Assa
- Publication Date:
- 05-2003
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- The tax-driven expatriation of US corporations is a troubling phenomenon. In a “corporate inversion,” a new foreign corporation, typically located in a low-tax or no-tax country, replaces the existing US parent corporation of a multinational enterprise (MNE). The US corporation then becomes a subsidiary of the new foreign parent. Since the US tax treatment of an MNE operating in the United States is significantly less favorable when the top-tier parent corporation is a domestic rather than a foreign corporation, the inversion transaction averts a substantial amount of US tax. Inversions have attracted adverse attention from tax specialists, media, the US Treasury Department, and Congress. In the wake of September 11, it seemed downright unpatriotic for US firms to invert as a way of skimping on their tax payments.
- Topic:
- Economics, Government, and International Trade and Finance
- Political Geography:
- United States
55008. The Strategic Importance of US-Korea Economic Relations
- Author:
- Marcus Noland
- Publication Date:
- 05-2003
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- Despite the passage of 50 years since an armistice ended military hostilities, the Korean peninsula remains divided, a Cold War vestige that seemingly has been unaffected by the evolution that has occurred elsewhere. If anything, US confrontation with North Korea—a charter member of its “axis of evil”—has intensified in recent years. Yet today, increasing numbers of South Koreans, accustomed to living for decades in the shadows of the North's forward-deployed artillery, do not regard the North as a serious threat. Growing prosperity and confidence in the South, in marked contrast to the North's isolation and penury, have transformed fear and loathing into pity and forbearance. Instead, it is the United States, an ocean away, that regards the North and its nuclear weapons program with alarm. As the United States has focused on the nuclear program, its ally, South Korea, has observed the North Koreans' nascent economic reforms and heard their talk of conventional forces reduction, and the gap in the two countries' respective assessments of the North Korean threat has widened dangerously, threatening to undermine their alliance.
- Topic:
- Security and International Trade and Finance
- Political Geography:
- United States, Israel, East Asia, Asia, South Korea, North Korea, and Korea
55009. The Impact of Economic Sanctions on US Trade: Andrew Rose's Gravity Model
- Author:
- Gary Clyde Hufbauer and Barbara Oegg
- Publication Date:
- 04-2003
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- With the end of the Cold War, the focus of US foreign policy changed—and so did that of economic sanctions. Partly because of increased cooperation within the UN framework, economic sanctions were imposed so routinely in the early 1990s that scholars called that period the sanctions decade. This proliferation sparked intense debate about the effectiveness of sanctions as a policy tool and moved US sanctions policy to the center of public discourse.
- Topic:
- Economics, International Trade and Finance, and Political Economy
- Political Geography:
- United States
55010. Economic Leverage and the North Korean Nuclear Crisis
- Author:
- Kimberly Ann Elliott
- Publication Date:
- 04-2003
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- Almost a decade ago, as the last nuclear crisis with North Korea was reaching a peak, I concluded the following about the potential utility of economic sanctions: The debate over US policy toward North Korea boils down to one deceptively simple question: what does Kim Il-sung want? No one can be sure of the answer and different interpretations have quite different policy implications. If the Great Leader views a nuclear weapons option as important to the survival of his regime, economic sanctions are unlikely to force him to give it up. But if he views the threat of developing nuclear weapons as a bargaining chip, some combination of carrots and sticks may induce him to trade it away.
- Topic:
- Diplomacy, Economics, and International Trade and Finance
- Political Geography:
- Israel, East Asia, and North Korea
55011. Steel Policy: The Good, the Bad, and the Ugly
- Author:
- Gary C. Hufbauer and Ben Goodrich
- Publication Date:
- 01-2003
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- While the US steel industry has been in distress for decades, the “steel crisis” of 1999-2001 was particularly acute. More than 30 steel producing and steel processing firms fell into bankruptcy between 1997 and 2001, and most of the failures occurred after President Bush took office. During his presidential campaign, Bush promised steelworkers that he would not neglect them. As the crisis worsened, the steel industry and the United Steel Workers of America (USWA) pressed the Bush administration to make good on its campaign promise.
- Topic:
- Government, Industrial Policy, and International Trade and Finance
- Political Geography:
- United States and America
55012. The Difficulties of Discerning What's Too Tight: Taylor Rules and Japanese Monetary Policy
- Author:
- Adam S. Posen and Kenneth N. Kuttner
- Publication Date:
- 12-2003
- Content Type:
- Working Paper
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- Observers have relied increasingly on simple reaction functions, such as the Taylor rule, to assess the conduct of monetary policy. Applying this approach to deflationary or near-zero inflation environments is problematic, however, and this paper examines two shortcomings of particular relevance to the Japanese case of the last decade. One is the unusually high degree of uncertainty associated with potential output in an environment of prolonged stagnation and deflation. Consequently, reaction function-based assessments of Japanese monetary policy are so sensitive to the chosen gauge of potential output as to be unreliable. The second shortcoming is the neglect of policy expectations, which become critically important as nominal interest rates approach zero. Using long-term bond yields, we identify five episodes since 1996 characterized by abrupt declines in Japanese inflation expectations. Policies undertaken by the Bank of Japan during this period did little to stabilize expectations, and the August 2000 interest rate increase appears to have intensified deflationary concerns.
- Topic:
- Climate Change, Economics, and International Trade and Finance
- Political Geography:
- Japan, Israel, East Asia, and Asia
55013. US-Brazil Trade Relations in a New Era
- Author:
- Jeffrey J. Schott
- Publication Date:
- 08-2003
- Content Type:
- Working Paper
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- The United States and Brazil are the largest economies in North and South America, respectively. A generation ago, both were relatively closed economies in terms of the proportion of their trade to gross domestic product (GDP), but for sharply different reasons. The US market was highly competitive except for some light manufactures (e.g., textiles, clothing, and footwear) and a few agricultural sectors with high border barriers. By contrast, Brazilian industry was largely uncompetitive and highly subsidized; important commodities like coffee provided the bulk of exports while a large share of the value of most industrial exports was attributable to export subsidies.
- Topic:
- International Trade and Finance
- Political Geography:
- United States, Brazil, South America, Latin America, and Caribbean
55014. Empirical Investigations of Inflation Targeting
- Author:
- Yifan Hu
- Publication Date:
- 07-2003
- Content Type:
- Working Paper
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- A growing number of countries have anchored their monetary policy to an explicit numerical rate or range of inflation since such an inflation targeting framework was first adopted by New Zealand in 1989. This paper empirically investigates issues associated with inflation targeting using a dataset of 66 countries for the 1980–2000 period.
- Topic:
- Development, Economics, Emerging Markets, and International Trade and Finance
- Political Geography:
- New Zealand
55015. Famine and Reform in North Korea
- Author:
- Marcus Noland
- Publication Date:
- 07-2003
- Content Type:
- Working Paper
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- The Democratic People's Republic of Korea (DPRK) or North Korea has been experiencing an ongoing food crisis for more than a decade. A famine in the late 1990s resulted in the deaths of perhaps 600,000 to 1 million people out of a pre-famine population of roughly 22 million. Since then, a combination of humanitarian food aid and development assistance has ameliorated the situation somewhat, but according to the World Food Programme (WFP) and other observers, as of this writing the country is once again on the precipice of another famine.
- Topic:
- Human Welfare, Non-Governmental Organization, Nuclear Weapons, and Poverty
- Political Geography:
- Israel, East Asia, North Korea, and Korea
55016. Revitalizing the Economies of Japan and the United States
- Author:
- C. Fred Bergsten
- Publication Date:
- 06-2003
- Content Type:
- Working Paper
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- The United States and Japan are the two largest national economies in the world. Since the early 1990s, they have been moving in opposite directions. The United States enjoyed an expansion of record duration from the end of the Gulf War in 1991 until early 2001, growing much faster than any other G-7 country and much faster than it had at any time since the Second World War. Japan's economy, by contrast, has been virtually stagnant since its financial bubble burst in the early 1990s and has clearly experienced its worst performance since its recovery from the ravages of the Pacific War.
- Topic:
- Economics and International Trade and Finance
- Political Geography:
- United States, Japan, Israel, and East Asia
55017. NAFTA Dispute Settlement Systems
- Author:
- Gary Hufbauer and Jeffrey J. Schott
- Publication Date:
- 06-2003
- Content Type:
- Working Paper
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- Drawing on the 1989 Canada-US Free Trade Agreement (CUSFTA), the North American Free Trade Agreement (NAFTA) extended dispute settlement provisions to cover more ground. In fact, within NAFTA there are six dispute settlement systems. NAFTA Chapter 11 is designed to resolve investor-state disputes over property rights; Chapter 14 creates special provisions for handling disputes in the financial sector via the Chapter 20 dispute settlement process (DSP); Chapter 19 establishes a review mechanism to determine whether final antidumping (AD) and countervailing duty (CVD) decisions made in domestic tribunals are consistent with national laws; and Chapter 20 provides government-to-government consultation, at the ministerial level, to resolve high-level disputes. In addition, the NAFTA partners created interstate dispute mechanisms regarding domestic environmental and labor laws under the North American Agreement on Environmental Cooperation (NAAEC) and the North American Agreement on Labor Cooperation (NAAL C), respectively. This chapter examines the first four dispute settlement systems; the NAAEC and NAALC systems are evaluated elsewhere in this book.
- Topic:
- Economics and International Trade and Finance
- Political Geography:
- United States, Latin America, and North America
55018. Survival of the Best Fit: Exposure to Low-Wage Countries and the (Uneven) Growth of US Manufacturing Plants
- Author:
- J. Bradford Jensen, Andrew B. Bernard, and Peter K. Schott
- Publication Date:
- 05-2003
- Content Type:
- Working Paper
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- This paper examines the role of international trade in the reallocation of U.S. manufacturing activity within and across industries from 1977 to 1997. It introduces a new measure of industry exposure to international trade, motivated by the Heckscher-Ohlin model, which focuses on where imports originate rather than their overall level. Results demonstrate that plant survival as well as output and employment growth are negatively associated with the share of industry imports sourced from the world's lowest-wage countries. Within industries, activity is reallocated towards capital-intensive plants. Plants are also more likely to alter their product mix (i.e. switch industries) in response to trade with low-wage countries. Plants altering their product mix switch to industries that are more capital-and skill-intensive.
- Topic:
- Economics, Government, and International Trade and Finance
- Political Geography:
- United States
55019. Falling Trade Costs, Heterogeneous Firms, and Industry Dynamics
- Author:
- J. Bradford Jensen, Andrew B. Bernard, and Peter K. Schott
- Publication Date:
- 05-2003
- Content Type:
- Working Paper
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- This paper examines the response of industries and firms to changes in trade costs. Several new firm-level models of international trade with heterogeneous firms predict that industry productivity will rise as trade costs fall due to the reallocation of activity across plants within an industry. Using disaggregated U.S. import data, we create a new measure of trade costs over time and industries. As the models predict, productivity growth is faster in industries with falling trade costs. We also find evidence supporting the major hypotheses of the heterogenous- firm models. Plants in industries with falling trade costs are more likely to die or become exporters. Existing exporters increase their shipments abroad. The results do not apply equally across all sectors but are strongest for industries most likely to be producing horizontally-differentiated tradeable goods.
- Topic:
- Economics, Government, and International Trade and Finance
- Political Geography:
- United States
55020. Improving The Sovereign Debt Restructuring Process
- Author:
- Brad Setser and Nouriel Roubini
- Publication Date:
- 03-2003
- Content Type:
- Working Paper
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- The recent debate on reforming the international financial system has focused on the need to improve the sovereign debt restructuring process, and in particular on steps that could limit the risk that litigation could disrupt or delay a sovereign debt restructuring. This debate increasingly has focused on the debt restructuring process in those cases where debt reduction is needed to produce a sustainable debt profile. Less attention has been given to those cases where a sovereign lacks the reserves needed to cover its near-term obligations and, absent international support, has a clear need for debt rescheduling to push out near-term maturities.
- Topic:
- Economics, Government, and International Trade and Finance
55021. Clean Air for Asia - China - India - Japan - United States Cooperation to Reduce Air Pollution in China and India
- Author:
- Richard L. Lawson, John R. Lyman, Donald L. Guertin, Tarun Das, Shinji Fukukawa, and Yang Jike
- Publication Date:
- 07-2003
- Content Type:
- Policy Brief
- Institution:
- Atlantic Council
- Abstract:
- For China and India, rapid economic growth is imperative to alleviate poverty, raise income levels and improve their citizens' quality of life. In 2000, China and India's combined populations of 2.3 billion represented over 38 percent of the world's population. With both countries determined to grow their economies rapidly, there will be an associated rapid rise in energy demand. One of the most significant problems facing the two countries is the existing and increasing level of air pollution that will accompany growing energy consumption. This report focuses on the challenge of developing economic, energy, and environmental policies that will complement existing policies designed to reconcile the drive for economic growth with the need for greater environmental protection of air quality.
- Topic:
- Economics and Environment
- Political Geography:
- United States, Japan, China, India, and Asia
55022. Missile Defense in Asia
- Author:
- Walter B. Slocombe, C. Richard Nelson, Michael P.C. Carns, and Jacques S. Gansler
- Publication Date:
- 06-2003
- Content Type:
- Policy Brief
- Institution:
- Atlantic Council
- Abstract:
- The prospect of North Korea developing both nuclear weapons and long–range missiles has been at the core of the U.S. rationale for early deployment of a missile defense and of Japan's interest in defense for itself. In the face of North Korea's missile programs and its acknowledgement of an active program to develop nuclear weapons, the problem of defense against those weapons assumes new urgency — as does the question of how defenses affect the broader dynamic of security in Northeast Asia.
- Topic:
- Security and International Law
- Political Geography:
- United States, Japan, Asia, and North Korea
55023. U.S. - Libyan Relations: Toward Cautious Reengagement
- Author:
- C. Richard Nelson and Chester A. Crocker
- Publication Date:
- 04-2003
- Content Type:
- Policy Brief
- Institution:
- Atlantic Council
- Abstract:
- The current U.S. strategy towards Libya – an implicit strategy of isolation – was developed for a very different international context than the one that currently exists. Put in place during the 1980s, the strategy was appropriate for the Cold War context and for dealing with Libya's hostile behavior at the time. Since then, however, both the general context and specific Libyan behavior have changed, rendering the current set of accumulated laws and regulations that govern U.S. relations with Libya outdated and inappropriate. Furthermore, the current strategy provides no vision for U.S.–Libyan relations once the remaining issues surrounding the 1988 bombing of Pan Am flight 103 are resolved. Thus, U.S. strategy needs to be changed to reflect better the new environment and new opportunities.
- Topic:
- Security and Terrorism
- Political Geography:
- Africa and United States
55024. Winning the Peace: Managing a Successful Transition in Iraq
- Author:
- Richard Murphy
- Publication Date:
- 02-2003
- Content Type:
- Policy Brief
- Institution:
- Atlantic Council
- Abstract:
- Winning the peace in Iraq – assuming the current regime will be displaced by war or by other means – will require successful management of several challenges. Chief among these is building the necessary consensus on a common vision for the future of Iraq. In this connection, three interrelated issues merit the highest priority attention: power sharing arrangements, Iraq's economy and oil sector, and regional stability.
- Topic:
- Peace Studies and United Nations
- Political Geography:
- United States, Iraq, and Middle East
55025. Potential and Limits of the Pact of Stability for South East Europe: Prioritising Objectives
- Author:
- Plamen Pantev
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- Austrian National Defence Academy
- Abstract:
- The Pact of Stability for South East Europe was “born” after the end of the Kosovo crisis in 1999 as a concept of dealing radically with the Balkan instabilities, but also as a geopolitical compromise of the great power centres, involved in the treatment of the post-Yugoslav conflicts. The ripeness of launching this concept and policy had several dimensions: Most of the countries from South East Europe, especially those in transition to democracy and market economy, had a definite strategy of integrating in both the European Union and in NATO; A certain level of regional cooperation had already been reached in the years that preceded the Kosovo crisis in 1999; Influential external powers had already realised that the Balkans need to be treated in the long-term only in a benign way to overcome historical deficiencies and belated modernisation of the economy, society, politics, technology and infrastructure; The disgusting consequences of four post-Yugoslav wars – a development that did not happen to two other former federal structures in Central and Eastern Europe (the Czechoslovak and the Soviet) necessitated a comprehensive and encompassing approach to deal with the plethora of issues in the Balkans, and the EU gradually evolved to the understanding that an additional strategic instrument needs to be launched to cope with the risks and instabilities in the region of South East Europe on the way of its own expansion and of turning the Balkan Peninsula into an integral part of the Union.
- Topic:
- Security, NATO, Development, and International Cooperation
- Political Geography:
- Europe, Eastern Europe, Kosovo, and Balkans
55026. The Balkans Stability Pact As a Regional Conflict Management and Prevention 'Space': An Evaluation
- Author:
- Dennis J.D. Sandole
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- Austrian National Defence Academy
- Abstract:
- My general goal in this presentation, as it is for all of us at this workshop, is to examine the Stability Pact for South Eastern Europe: the "pearl of the German presidency of the European Union" adopted in Köln on 10 June 1999, the day that NATO's 78-day bombing campaign of Serbia ceased.
- Topic:
- Conflict Resolution, NATO, and International Cooperation
- Political Geography:
- Europe, Eastern Europe, Germany, and Serbia
55027. Food for Thought the Stability Pact for South East Europe - Dawn of an Era of Regional Co-Operation?
- Author:
- Gjergj Murra
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- Austrian National Defence Academy
- Abstract:
- These past three years have been a useful learning process for the Stability Pact. Some achievements are visible, but there also has been much criticism with regards to its real outcome and performance. However, an independent assessment of the process is needed to analyse what is functioning well, and what could be improved, as judged by participants from the region. So far either no through assessment is done, or assessment have been at project level, (technical, in terms of project completion, disbursement, timing, task performed), not in terms of the political goal that projects were designed to achieve. One of the main lessons appears to be the need to refine the approach and priorities. Some topics have already found an answer, while for some other a clearer vision in needed.
- Topic:
- Foreign Policy, NATO, International Cooperation, and International Organization
- Political Geography:
- Europe and Eastern Europe
55028. The Stabilization Efforts in the Balkan -Seven Theses -
- Author:
- Bernd Papenkort
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- Austrian National Defence Academy
- Abstract:
- In the Balkans, the international community has made numerous costly efforts with the intention of laying the foundations for political stability and economic prosperity as well as giving the local population social perspectives. In view of recent developments in international politics (e.g. the fight against terrorism, the developments in Afghanistan) and political focal points such as the conflict between Israel and Palestine, we should, however, critically take stock of what has been achieved so far and consider measures of adjustment, where necessary. The following theses are food for thought, and I hope they will trigger a lively discussion.
- Topic:
- Economics, International Cooperation, International Organization, Non-Governmental Organization, and Terrorism
- Political Geography:
- Afghanistan, Israel, Eastern Europe, Palestine, and Balkans
55029. What is the Outcome of the Stability Pact So Far?
- Author:
- Sabri Ergen
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- Austrian National Defence Academy
- Abstract:
- Let me start my words by quoting from a Security Sector Reform inventory (a gaps analysis paper) that just became available. It encompasses the target states of the Stability Pact. We commissioned this analysis from York University in Canada at the end of last year. We hope to release the project before the end of this year. The inventory is a living document to be updated as required and it contains over 400 entries. It is the largest database that exists in terms of security sector reform-related activities in the region.
- Topic:
- Security and International Cooperation
- Political Geography:
- Europe, Canada, and Eastern Europe
55030. Keynote Speech
- Author:
- Erhard Busek
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- Austrian National Defence Academy
- Abstract:
- I am not going to tell you what the Stability pact is, because I am sure you are able to look on its web site for more information. What I want to present is a general overview of which role the Stability pact is playing in the development of today's Europe. I think we are heading the wrong direction because we are only looking at details and not at the total picture.
- Topic:
- International Cooperation and International Organization
- Political Geography:
- Europe and Eastern Europe
55031. The Role of the Council of Europe in South East Europe
- Author:
- Sonja Moser-Starrach
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- Austrian National Defence Academy
- Abstract:
- Ever since the signing of the Dayton Peace Agreement in December of 1995, the Council of Europe has pursued a policy of promoting a stable, democratic state, with a view to its integration, at the appropriate time, as a full member of the Council. After almost six and a half years, that time has come.
- Topic:
- Human Rights, International Cooperation, and International Organization
- Political Geography:
- Europe and Eastern Europe
55032. Free Movement of People, Goods, Services and Capital in View of the Context of Stability Pact
- Author:
- Mladen Stanicic
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- Austrian National Defence Academy
- Abstract:
- The Stability Pact is a strategic concept whose aim is to warrant long- term peace and stability in South-Eastern Europe. It is becoming an indispensable element of the global security structure which is currently being constructed in relations between the big powers, the USA, Russia and China, with the active participation of the United Nations, the European Union, international financial institutions and individual countries. As one of the sponsors of the pact, the European Union is keenly interested in stability and peace among its next-door neighbours, some of whom are covered by the pending eastern enlargement. This enlargement is intended to transcend centuries of civilisational and religious divisions in Europe, the causes of many political and armed conflicts in the past. The vision of Europe in the 21st century, reaching all the way to the borders of the former Soviet Union, is that of a multicultural community encompassing states with diverse civilisational, religious, ethnic and cultural characteristics.
- Topic:
- Security, Globalization, International Cooperation, and International Trade and Finance
- Political Geography:
- Russia, United States, China, Europe, and Eastern Europe
55033. Regional Approach - An Obstacle or an Opportunity for an Early Integration of the Federal Republic of Yugoslavia Into the European Structures
- Author:
- Vladimir Bilandzic
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- Austrian National Defence Academy
- Abstract:
- I would have to start this presentation with a disclaimer. When I was kindly invited to give a perspective from Serbia on the issue we are discussing at this seminar, I told the organisers that my contribution could not be regarded as a representative one, since I work for an international organisation - the OSCE - in Belgrade. At the same time, I cannot claim that my views represent the views of the organisation I work for. So, what I am going to say are my personal views, based of course on my experience and research on Southeast European politics, especially in the countries of former Yugoslavia. Therefore, while apologising for not being in a position to give a more authoritative presentation, I will try to give a meaningful contribution on the subject, especially from a perspective of someone coming from Belgrade.
- Topic:
- Security, Foreign Policy, and International Cooperation
- Political Geography:
- Europe, Eastern Europe, and Yugoslavia
55034. Regional Integration through the Stability Pact
- Author:
- Frederic Labarre
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- Austrian National Defence Academy
- Abstract:
- This paper attempts to argue that the current structure of relations in South East Europe (SEE) and in the Balkans in particular requires regional, or local, integration before any membership in greater bodies (like the European Union) can be considered.
- Topic:
- Security, International Cooperation, and International Organization
- Political Geography:
- Europe, Eastern Europe, and Balkans
55035. The Solution of the Albanian Question As A Precondition for the Fruitful Cooperation in the Balkans
- Author:
- Enver Hasani
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- Austrian National Defence Academy
- Abstract:
- The Stability Pact was launched on the eve of the Kosova war and conflict Paradoxically, though, Kosova has so far benefited the lest from it. Only very recently Kosova managed to have its own representative in it. This is a sign that the same mistakes are being made vis-à-vis Kosova as in the past, seeing the region as a bogus or maverick part of the far South-East of Europe.
- Topic:
- Conflict Resolution, Security, and International Cooperation
- Political Geography:
- Eastern Europe and Balkans
55036. The Role of the Media in the Regional Co-Operation
- Author:
- Drago Pilsel
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- Austrian National Defence Academy
- Abstract:
- The Role of the media in the Regional Co-operation in SEE is one of the crucial aspects of the Stability Pact for South East Europe, especially in the Democratisation and Human Rights Task Force. Without democratic institutions that work effectively and the democratic development of a state under the rule of law there can be no long-term economic development and prosperity. Equally, democratisation and non-discrimination are also fundamental preconditions for guaranteeing internal and external security. Democracy and Human Rights: Deep-rooted democratic habits and a vibrant civil society constitute the foundation upon which the achievement of the objectives of the Pact can be built.
- Topic:
- Security, Civil Society, Human Rights, and International Cooperation
- Political Geography:
- Europe and Eastern Europe
55037. From A Paradigm of Political Crises and A Potential Safety Crisis-Spot in Federal Republic of Yugoslavia to its Possible Role As An Integrating Area of Serbia and Montenegro
- Author:
- Sefko Alomerovic
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- Austrian National Defence Academy
- Abstract:
- Each conversation about Sand_ak as one of the paradigms of political crises in the Federal Republic of Yugoslavia, that is in Serbia and Montenegro, would have to be started with basic data about the area itself, about the causes and the nature of problems that exist concerning Sand_ak and within it, starting from the time when it was, under the title the "sand_ak question", for the first time the subject of interest of the international community, far away in 1858.
- Topic:
- Conflict Resolution, Ethnic Conflict, and Genocide
- Political Geography:
- Eastern Europe, Yugoslavia, Serbia, and Montenegro
55038. Minorities in the Context of Forced Displacement in the South East European Region
- Author:
- Udo Janz
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- Austrian National Defence Academy
- Abstract:
- The UN Special Rapporteur for the Sub-Commission on the Prevention of Discrimination and Protection of Minorities, F. Capotori, offered a formulation of a definition of minorities in 1979: a minority must be a "non-dominant" group; its members must possess "ethnic, religious or linguistic characteristics differing from those of the rest of the population", and they must also show, if only implicitly, a sense of solidarity, directed towards preserving their culture, traditions, religion or language".
- Topic:
- Security, Ethnic Conflict, International Cooperation, and Population
- Political Geography:
- Europe, Eastern Europe, and United Nations
55039. Multiethnic State, Ethnically Homogenous State and the Future of the Nation-State in the Balkans
- Author:
- Plamen Pantev
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- Austrian National Defence Academy
- Abstract:
- Approaching and testing the capacity and effectiveness of the nation-states in the Balkans is a long-term research necessity for many reasons: First, despite the tendency of making the state boundaries less and less significant in the era of new information technology, global economy and new communications capabilities the nation-state will remain the key organisational unit of the international system and the features of national sovereignty will continue to dominate and influence the management toolbox of international relations and domestic politics. Hence, any form and nuance of the nation-state in the Balkans will have a decisive meaning for dealing with the political and security agenda of the region.
- Topic:
- International Relations, Security, Ethnic Conflict, and Globalization
- Political Geography:
- Eastern Europe and Balkans
55040. Innovation and Social Capital in Silicon Valley
- Author:
- Martin Kenney and Donald Patton
- Publication Date:
- 07-2003
- Content Type:
- Working Paper
- Institution:
- Berkeley Roundtable on the International Economy
- Abstract:
- The high cost regions of Europe, North America, and Japan recognize that the key to their economic vitality is innovation. Increasingly, many also accept that the primary units of competition based on high quality, innovative products are not nations, but firms within regions, some of which occasionally bridge national boundaries. This has resulted in a significant increase in interest in the nature and functioning of such regional economies, variously known as clusters or industrial districts.
- Topic:
- Economics and International Trade and Finance
- Political Geography:
- United States, Europe, Israel, East Asia, and North America
55041. Sponsors, Communities and Standards: Winning in the Local Area Networking Business
- Author:
- Martin Kenney and Urs von Burg
- Publication Date:
- 07-2003
- Content Type:
- Working Paper
- Institution:
- Berkeley Roundtable on the International Economy
- Abstract:
- Economics has treated technological standards creation as an outcome of network externalities and decisions on the demand side. They pay little attention to the supply side, where firms make strategi choices on which standard to support. These choices can ignite a contest between adherents to the different proposed standards. This case study examines the contest btween the Ethernet and Token Ring standards for local area networking. We find that the critical difference in explaining the success of Ethernet vibrancy was the nature and strategy of the standard's sponsors in assisting the growth of a community of firms supporting the standard.
- Topic:
- Economics, Industrial Policy, and Science and Technology
- Political Geography:
- United States
55042. Went for Cost, Stayed for Quality?: Moving the Back Office to India
- Author:
- Rafiq Dossani and Martin Kenney
- Publication Date:
- 07-2003
- Content Type:
- Working Paper
- Institution:
- Berkeley Roundtable on the International Economy
- Abstract:
- Will the next great wave of globalization come in services? Increasingly, components of back-office services, such as payroll and order fulfillment, and some front-office services, such as customer care are being relocated from the U.S. and other developed countries to English-speaking, developing nations especially India, but also other nations such as the Phillipines. Though moving service activities offshore is not entirely new, the pace has of late quickened. The acceleration of this offshoring is intertwined, though not synonymous, with another phenomenon, namely an increasing willingness by firms to outsource what formerly were considered core activities. The importance of the fact that a substantial number of service activities might move offshore is that it was service jobs that were thought to be the future growth area for developed country economies as manufacturing relocated to lower labor cost regions offshore. This is especially important, because these services commonly known as "business processes" (BPs) are among the fastest growing job categories in the US (Goodman and Steadman 2002). Should these jobs begin to move offshore, a new tendency may be underway in the global economy that will be as important or more important than the relocation of manufacturing offshore, and might necessitate a rethinking of government policies across a wide spectrum.
- Topic:
- Economics, Globalization, and Industrial Policy
- Political Geography:
- United States, South Asia, and India
55043. The Spatial Distribution of Entrepeneurial Support Networks: Evidence from Semiconductor Initial Public Offerings from 1996-2000
- Author:
- Martin Kenney and Donald Patton
- Publication Date:
- 03-2003
- Content Type:
- Working Paper
- Institution:
- The Brookings Institution
- Abstract:
- Theory and recent research demonstrates that entrepreneurship is a spatially and socially embedded activity. In certain regions, dense support networks of institutions dedicated to assisting entrepreneurial start-ups have been established and a wide variety of authors have given credit to these networks for supporting regional entrepreneurship (Kenney and von Burg 1999; Saxenian 1994; Bahrami and Evans 2000). As Marshall (1890) recognized many, but not all, industries exhibit a strong clustering effect (see also, e.g., Storper and Walker 1988; Porter 1990; 1998). Research on these networks has been hampered by a lack of empirical data that contains spatial variables and identifies the relationship between various actors (i.e., venture capitalists, law firms and investment bankers) and the start-up firm. Thus research has been qualitative and anecdotal or when quantitative limited to certain industries usually biotechnology.
- Topic:
- Economics, International Trade and Finance, and Non-Governmental Organization
- Political Geography:
- United States
55044. Enron's Missed Opportunity: Enron's Refusal to Build a Collaborative Market Turned Bandwidth Trading Into a Disaster
- Author:
- Andrew Schwartz
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- The Brookings Institution
- Abstract:
- Why did Enron fail? The easy answer is that Enron was a fraud, a Ponzi scheme designed to enrich scoundrels. But beneath the off-balance sheet transactions and partnerships that have drawn such intense scrutiny, Enron's efforts to reduce complex products into tradable commodities represented one of the most promising ideas of the past twenty-five years. Enron's failure was due in part to a business strategy that regarded competitors as ruthless and uncompromising. That mentality led the company to reject the very real possibility that rivals could, working together, create the new markets that in turn would open up profit opportunities for all. Enron's brilliant vision of the New Economy didn't go far enough; it required a New Economy business model that emphasized cooperation among competitors.
- Topic:
- Economics, Emerging Markets, and International Trade and Finance
- Political Geography:
- United States
55045. Secrets or Shields to Share?: New Dilemmas for Dual Use Technology Development and the Quest for Military and Commercial Advantage in the Digital Age
- Author:
- Jay Stowsky
- Publication Date:
- 02-2003
- Content Type:
- Working Paper
- Institution:
- The Brookings Institution
- Abstract:
- For a brief period in the early 1990's the U.S. Department of Defense pursued an R policy that was explicitly “dual-use,” funding projects aimed at simultaneously developing both military and civilian applications of the same underlying technologies. The policy emerged from more than a decade of bipartisan agitation in Congress and segments of the military-industrial establishment, spurred by a shared belief that more advanced technologies now “spun on” from civilian to military applications than “spun off” in the other direction (US Department of Defense, Office of the Undersecretary for Acquisition, 1987; Gansler, 1989; Alic et al., 1992; Stowsky 1992, 1999). With the end of the Cold War and mushrooming budget deficits constraining defense spending, Pentagon planners saw dual-use development as a strategy for improving efficiency and lowering costs as well as enhancing quality by enabling the construction of sophisticated weapons systems off a more integrated civil-military technology base (US Congress, Office of Technology Assessment, 1995; US Department of Defense, 1995).
- Topic:
- Defense Policy, Economics, and Science and Technology
- Political Geography:
- United States
55046. Executive Leadership and the Role of “Veto Players” in the United States and Germany
- Author:
- Ludger Helms
- Publication Date:
- 10-2003
- Content Type:
- Working Paper
- Institution:
- Minda de Gunzburg Center for European Studies, Harvard University
- Abstract:
- In recent comparative works on the constitutional structures of contemporary liberal democracies, the United States and Germany have been grouped together as examples of democratic systems with an exceptionally high degree of “institutional pluralism”. In other typologies both countries have even been classified as “semisovereign democracies”. Whereas such classifications are of some use, especially in the field of public policy research, they fail to pay reasonable attention to the fundamental difference between parliamentary and presidential government that dominated the older literature on comparative political systems. As the comparative assessments offered in this paper suggest, the difference between parliamentary government and presidential government does not only constitute very different conditions of executive leadership in the core executive territory and at the level of executive-legislative relations, but has also a strong impact on the role and performance of the various “veto players” that characterize the political systems of the United States and Germany, and which are at the center of this paper.
- Topic:
- Government and Politics
- Political Geography:
- United States, Europe, and Germany
55047. European Corporate Governance Reform and the German Party Paradox
- Author:
- Martin Höpner
- Publication Date:
- 08-2003
- Content Type:
- Working Paper
- Institution:
- Minda de Gunzburg Center for European Studies, Harvard University
- Abstract:
- This paper addresses the current discussion on links between party politics and production regimes. Why do German Social Democrats opt for more corporate governance liberalization than the CDU although, in terms of the distributional outcomes of such reforms, one would expect the situation to be reversed? I divide my analysis into three stages. First, I use the European Parliament's crucial vote on the European takeover directive in July 2001 as a test case to show that the left-right dimension does indeed matter in corporate governance reform, beside cross-class and cross-party nation-based interests. In a second step, by analyzing the party positions in the main German corporate governance reforms in the 1990s, I show that the SPD and the CDU behave “paradoxically” in the sense that the SPD favored more corporate governance liberalization than the CDU, which protected the institutions of “Rhenish,” “organized” capitalism. This constellation occurred in the discussions on company disclosure, management accountability, the power of banks, network dissolution, and takeover regulation. Third, I offer two explanations for this paradoxical party behavior. The first explanation concerns the historical conversion of ideas. I show that trade unions and Social Democrats favored a high degree of capital organization in the Weimar Republic, but this ideological position was driven in new directions at two watersheds: one in the late 1940s, the other in the late 1950s. My second explanation lies in the importance of conflicts over managerial control, in which both employees and minority shareholders oppose managers, and in which increased shareholder power strengthens the position of works councils.
- Topic:
- Democratization, Government, and Politics
- Political Geography:
- Europe and Germany
55048. Elements for a Structural Constructivist Theory of Politics and of European Integration
- Author:
- Niilo Kauppi
- Publication Date:
- 07-2003
- Content Type:
- Working Paper
- Institution:
- Minda de Gunzburg Center for European Studies, Harvard University
- Abstract:
- Pierre Bourdieu's structural constructivist theory of politics offers powerful instruments for a critical analysis of political power. In this paper, I explore structural constructivism as a theory of politics and of European integration. By structural constructivism I refer to a mostly French research tradition that develops some of Bourdieu's theoretical tools. In European studies, social constructivism has provided an alternative to traditional approaches such as intergovernmentalism and neofunctionalism. Structural constructivism remedies some of the weaknesses of most versions of social constructivism, such as their diffuse conception of power and ideational notion of culture. This paper develops a structural constructivist approach that examines the European Union as a multileveled and polycentric emerging political field.
- Topic:
- International Organization and Politics
- Political Geography:
- Europe
55049. Hard and soft economic policy coordination under EMU: problems, paradoxes and prospects
- Author:
- Iain Begg
- Publication Date:
- 07-2003
- Content Type:
- Working Paper
- Institution:
- Minda de Gunzburg Center for European Studies, Harvard University
- Abstract:
- Although the launch of the euro went better than many expected, sluggish growth, persistent unemployment and growing disenchantment with key elements of the economic governance system have led to demands for change, especially in policy coordination. This paper examines the criticisms of economic policy in the EU and the mechanisms through which it is coordinated, and considers how the EMU policy system might be reformed. It points to problems and paradoxes in the way economic governance operates, notably those surrounding its ability to deliver a coherent policy mix that brings together monetary fiscal and supply-side policies. The paper concludes with a discussion of whether gouvernment économique might offer a way forward.
- Topic:
- Economics and International Political Economy
- Political Geography:
- Europe
55050. Does the process really matter? Some reflections on the "legitimating effect" of the European Convention
- Author:
- Paul Magnette
- Publication Date:
- 07-2003
- Content Type:
- Working Paper
- Institution:
- Minda de Gunzburg Center for European Studies, Harvard University
- Abstract:
- The European Convention, set up by the Heads of state and governments during the Laeken Summit of December 2001, was presented by its initiators as a means of strengthening the legitimacy of the EU. Is this a rhetorical argument of politicians, which could be explained by the intense electoral cycle of 2002- 2004? Or is there something, in the process of the Convention, that could change the nature of the EU constitution?
- Topic:
- International Organization and Politics
- Political Geography:
- Europe