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  • Author: Jason Oh
  • Publication Date: 01-2015
  • Content Type: Journal Article
  • Journal: Political Science Quarterly
  • Institution: Academy of Political Science
  • Abstract: In this ambitious book, Daniel S. Goldberg begins with the claim that the income tax is “broken beyond repair” (p. 3). Some of these problems, like the proliferation of tax provisions that benefit special interests, are a matter of design. Others, like the inconsistent taxation of economic gains, are endemic to any tax on income. In the first half of The Death of the Income Tax, the author painstakingly details these and many other problems with our current tax system. - See more at: http://www.psqonline.org/article.cfm?IDArticle=19335#sthash.7vGZLJKC.dpuf
  • Topic: Economics, Reform
  • Author: Robert A. Jackson
  • Publication Date: 01-2015
  • Content Type: Journal Article
  • Journal: Political Science Quarterly
  • Institution: Academy of Political Science
  • Abstract: Byron Shafer and Richard Spady rely on cutting-edge data analyses and graph¬ical presentations to provide a detailed accounting of how social characteristics have shaped core political values, which, in turn, has structured the presidential vote across the 1984–2008 elections. The study stands apart for the sheer richness and depth of its analyses of a specific data source—namely, the 1987 through 2009 Pew Values Surveys—to gain insight into the shifting contours of the American electorate. An application of item response theory to consistent sets of questions enables Shafer and Spady to produce indicators of two unobservable attitudinal dimensions: economics and culture. - See more at: http://www.psqonline.org/article.cfm?IDArticle=19340#sthash.C8UA9e6m.dpuf
  • Topic: Economics, Politics, Culture
  • Political Geography: America
  • Author: Emel Elif Tugdar
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: Central European University Political Science Journal
  • Institution: Central European University
  • Abstract: The term “indigenous” refers to the ethnic minorities within a state but without a state. Generally, the indigenous groups are located across neighboring states. The Roma people in Europe are one of the significant examples of indigenous people that are located across Central and Eastern European states without a state of their own. As the indigenous groups have unique social, cultural, economic and political characteristics, they are distinct from those of the society in which they live. Their language, knowledge systems and beliefs differ from the society as well. Due to their cultural differences, the diverse indigenous peoples share common problems also related to the protection of their rights. They strive for recognition of their identities, their ways of life and their right to political representation and participation. As a result, a special set of political rights have been set to protect them by international organizations such as the United Nations. The United Nations have issued a Declaration on the Rights of Indigenous Peoples to guide state policies in order to protect the collective rights of indigenous peoples, such as their culture, identity, language, and access to employment, health, education and natural resources.
  • Topic: Economics, Politics, United Nations
  • Political Geography: Russia, Europe
  • Author: Dylan Kissane
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: Central European University Political Science Journal
  • Institution: Central European University
  • Abstract: If there is one issue in contemporary international relations that continues to provoke interest in academic and policy making circles alike it is how states, regions and the world should react to a rising China. While the influence of the People's Republic is being felt from Africa and the Global South through to the developed economies of North America and Europe, it is in East Asia where a re-emerging China has most focused the minds of diplomats and strategists, leaders and scholars and, indeed, the military men and women who must navigate this increasingly precarious great power polity. Within this East Asian context this new volume by David Martin Jones, Nicholas Khoo and MLR Smith delivers thoughtful and attentive analysis to the problem of responding to China's rise. The book is neither a historical account of the rise of China, though it does offer sufficient historical contextualisation for the reader, or another collection of prescriptive policy suggestions, though there are clear conclusions made about which regional and state strategies have best dealt with the rise of the Sinic superpower. Instead, this book is a theoretically informed, consistently argued and well written account of how states in a broadly defined East Asia have and continue to react to the changing security environment that confronts them in the first decades of the twenty-first century.
  • Topic: International Relations, Security, Economics, Environment
  • Political Geography: Africa, China, America, Asia
  • Author: Gaelike Conring
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: Central European University Political Science Journal
  • Institution: Central European University
  • Abstract: The ideal of equality of opportunity looms large in American history. It is the core tenet of the American dream, promising advancement for everybody willing to work hard and abide by the rules. More generally, it is the benchmark against which the success or failure of the economy's role in promoting the public good is evaluated. As long as a priori equality of opportunity for those participating or looking to participate in economic life is a given, unequal outcomes are justified and even necessary in keeping this virtuous cycle alive. Thus explains Americans' skepticism towards overtly redistributive policies to rectify unequal economic outcomes. A fitting example is the Joe Wurzelbacher aka 'Joe the Plumber', incident involving then presidential hopeful Barack Obama. When prompted about his tax policy proposals, Barack Obama's stated intention of 'spreading the wealth around' did not sit well with most Americans; not even with members of his own party. If public opinion indicates a rejection of government redistributive policies, does that amount to a public unfazed by rising levels of income inequality?
  • Topic: Economics
  • Political Geography: America
  • Author: Christopher Huszar
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: Central European University Political Science Journal
  • Institution: Central European University
  • Abstract: The recent financial crisis devastated financial markets the world over. The events of the crisis caused many to question the policies of the pre-crisis era, which tended towards minimizing regulation as well as many others amorphously placed under the term Washington Consensus. The text Globalisation, the Global Financial Crisis and the State , edited by John H. Farrar and David G. Mayes, professors of law and finance, respectively, focuses on the interactions between states, economic policies and laws against the backdrop of the global financial crisis. Utilizing perspectives in the fields of law, political science and economics, the twelve chapters delve into interdisciplinary arguments over the changing regulatory structure of the world and the global forces that shape the state. The authors' overarching argument is that the financial crisis marked a discursive departure from the models supported by pre financial crisis policies typified by the Washington Consensus towards a more multilateral approach symbolized by the emergence of the G-20 and more state oriented control over commercial activities.
  • Topic: Economics, Markets, Financial Crisis, Law
  • Political Geography: Washington
  • Author: Ivana Tomovska Efremov
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: Central European University Political Science Journal
  • Institution: Central European University
  • Abstract: As an editor Bekemans presents to academic readers a rich collection of essays initially presented at the international workshop 'Cultural and Value Roots for Intercultural Dialogue in a European Context' held in October 2011 at the University of Padua under the auspices of the Jean Monet Centre. The essays presented at the conference and published a year latter provide to the reader an excellent overview of the topic and capture the engaging academic discourse that took place at the conference. The book aims to define the set of values that in turn define European identity. It also poses very important questions, such as what is the common set of 'core values', how to maintain and enrich those values in the face of globalization, multiculturalism and economic crises and how to work across institutions to promote and preserve those values.
  • Topic: Economics, Globalization
  • Political Geography: Europe
  • Author: Raphael D. Jackson
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: Central European University Political Science Journal
  • Institution: Central European University
  • Abstract: Theo van de Klundert is a Dutch economist and Professor Emeritus at Tilburg University in The Netherlands. Capitalism and Democracy: A Fragile Alliance, was originally written in Dutch and translated into English in order to reach the larger Anglophone audience. This book is the result of Klundert's sixty years of study in the field of economics. The focus of the book revolves around the central question of whether it is possible to combine capitalism and democracy. The book is divided into two parts. The first part emphasizes the importance of technological progress as a main engine for economic growth. The second part highlights what has been described as “the diffusion of capitalism across countries”. In this work, the author also sets out to ascertain whether or not such diffusion gives rise to regional varieties of capitalism.
  • Topic: Economics
  • Political Geography: Netherlands
  • Author: Francesca Romana Bastianello
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: Central European University Political Science Journal
  • Institution: Central European University
  • Abstract: At a moment when the European Union is having an identity crisis, it is pertinent to remember the motivations, and the efforts of the men who dedicated their lives to its creation and who established the means and the organizations necessary to involve the citizens in the bottom-up part of this process. This book focuses on the role played by local authorities, the first to use the establishment of twinning – the development of cultural, political and economical bonds between two cities or villages belonging to different nations – as a parameter of real international policy and to view it as an essential phase of the establishment of a united Europe.
  • Topic: International Relations, Development, Economics, Politics
  • Political Geography: Europe
  • Author: Ralph A. Cossa, Brad Glosserman
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: Comparative Connections
  • Institution: Center for Strategic and International Studies
  • Abstract: A trifecta of international gatherings – the Asia Pacific Economic Cooperation (APEC) Leaders Meeting in Beijing, the East Asia Summit (EAS) in Nay Pyi Taw, and the G-20 gathering in Brisbane – had heads of state from around the globe, including US President Barack Obama, flocking to the Asia-Pacific as 2014 was winding to a close. North Korea was not included in these confabs but its leaders (although not the paramount one) were taking their charm offensive almost everywhere else in an (unsuccessful) attempt to block a UN General Assembly resolution condemning Pyongyang's human rights record. More successful was Pyongyang's (alleged) attempt to undermine and embarrass Sony Studios to block the release of a Hollywood film featuring the assassination of Kim Jong Un.
  • Topic: Economics
  • Political Geography: Asia, North Korea
  • Author: Nancy Birdsall
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: Ethics International Affairs Journal
  • Institution: Carnegie Council
  • Abstract: Thomas Piketty's Capital in the Twenty-First Century is a tour de force—a compelling and accessible read that presents an eloquent and convincing warning about the future of capitalism.* Capitalism, Piketty argues, suffers from an inherent tendency to generate an explosive spiral of increasing inequality of wealth and income. This inegalitarian dynamic of capitalism is not due to textbook failures of capitalist markets (for example, natural monopolies) or failures of economic institutions (such as the failure to regulate these monopolies), but to the way capitalism fundamentally works. Unless the spiral is controlled by far more progressive taxation than is now the norm, the political fallout could undermine the viability of the successful “social state” (p. 471) in the advanced economies, putting the democratic state itself at risk.
  • Topic: Economics, Government, Politics
  • Political Geography: United States, United Kingdom, France
  • Author: Ondrej Ditrych
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The crisis in Ukraine has turned the tables of the post-Cold War relationship between the United States and Russia. The ongoing transformation can result in a number of outcomes, which can be conceived in terms of scenarios of normalisation, escalation and 'cold peace' - the latter two scenarios being much more probable than the first. NATO ought to shore up its defences in Central and Eastern Europe while Washington and its allies engage in a comprehensive political strategy of 'new containment'. This means combining political and economic stabilisation of the transatlantic area with credible offers of benefits to partners in the East and pragmatic relations with Russia which are neither instrumentalised (as was the case with the 'reset') nor naïvely conceived as a 'partnership'.
  • Topic: International Relations, NATO, Cold War, Economics
  • Political Geography: Russia, United States, Europe, Washington, Ukraine
  • Author: Xinyuan Dai
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: International Relations of the Asia-Pacific
  • Institution: Japan Association of International Relations
  • Abstract: A growing sense among academics and policymakers alike is that the dominant issues of the twenty-first century will be decided in Asia-Pacific. But, the open question is how will these issues be decided: Who defines the rules of the game in the region and how? To address these questions, this paper studies the regulatory competition that is unfolding in the region. In particular, it examines the Trans-Pacific Partnership (TPP), with its potential to redraw the political-economic geography in Asia. Why is such a significantly path-breaking institution possible? This paper builds on the scholarship of international political economy and especially the literature on international institutions. It argues that this potential of the TPP crucially depends on the institutional environment in East Asia. A state of institutional anarchy enables the TPP to take hold in Asia. Important policy implications follow regarding the strategic use of international institutions.
  • Topic: Economics, Politics
  • Political Geography: East Asia
  • Author: Ruti Teitel
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: European Journal of International Law
  • Institution: European Journal of International Law
  • Abstract: Does international law have an answer to the question: 'what is a fair international society'? In her insightful book, Emmanuelle Tourne-Jouannet interrogates in a systematic fashion diverse areas of international law that touch upon or address, directly or indirectly, fairness, equity, or redistribution: from the law of development to minority rights to international economic law. By taking positive law as the point of departure for an inquiry about global justice, Tourme- Jouannet departs, in a refreshing way, from attempts to extrapolate from mainstream legal theory an abstract conception of global justice. '[W]hat is to be addressed here are not contemporary theories of justice and the philosophical questions that the topic raises .... [I]t is the aim to address them here from a different angle: from within legal practice, as it were .... I have opted for an approach based on existing legal practice, with a view to conceptualizing and questioning it' (at 3). For Tourme-Jouannet, the question about the fairness of international legal practice leads to a number of other legal-historical questions regarding the contemporary evolution of international law. The project is 'simply to begin by identifying the principles and legal practices relating to development and recognition' ( ibid. ). In her view, adopting a historical perspective, these practices – notwithstanding their differences – reflect a joint concern with achieving global justice over the years.
  • Topic: Economics, International Law
  • Author: Stéphanie Dagron
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: European Journal of International Law
  • Institution: European Journal of International Law
  • Abstract: Lawrence O. Gostin's new book begins with the sentence '[t]his is a unique moment to offer a systematic account of global health law' and he is right. The book under review is published at a time when the most influential international institutions are emphasizing the necessity for multilateral cooperation in the field of public health. For example, the United Nations General Assembly (UNGA) addresses this point in its current deliberations on the post-2015 Millennium Development Goals Agenda. Contemporary globalization has irrevocably made borders porous to capital, services, goods, and persons. Global social, economic, and political changes, such as increasing industrialization, urbanization, environmental degradation, migration, drug trafficking, and the marketing strategies of transnational corporations (e.g., in the food, pharmaceutical, and tobacco industries) have a significant impact on health. This impact is transnational and intersectoral: global health hazards go beyond the control of individual nation states and extend beyond the restricted field of health care.
  • Topic: Economics, Health, Migration, United Nations, Food, Law
  • Author: Weiying Zhang
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: History and casual observations suggest that ideas and leadership are the two most important forces in all institutional changes. However, they have been absent or downplayed in conventional economic analysis of institutional changes. Conventional economics has exclusively focused on the notion of “interest” in explaining almost everything, from consumers' choices to public choices to institutional changes. IN particular, institutional changes have been modeled as a game of interests between different groups (such as the ruling and the ruled), with the assumption that there is a well-defined mapping from interests into outcomes.
  • Topic: Economics
  • Political Geography: China
  • Author: Randall G. Holcombe
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: Political capitalism is an economic and political system in which the economic and political elite cooperate for their mutual benefit. The economic elite influence the government's economic policies to use regulation, government spending, and the design of the tax system to maintain their elite status in the economy. The political elite are then supported by the economic elite which helps the political elite maintain their status; an exchange relationship that benefits both the political and economic elite.
  • Topic: Economics, War
  • Political Geography: America
  • Author: Ryan H. Murphy
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: Contemporary economic policy debates are dominated by concerns regarding the rise in inequality (Stiglitz 2012, Piketty 2014). Primarily, this has led to a focus in re-invigorating redistribution. For instance, Robert Shiller (2014) has recently argued for indexing top marginal tax rates to inequality and using the revenues to fund transfer payments. Secondarily, there are the longstanding objections to “neoliberalism” in general, which has encouraged globalization and the liberalization of markets. To the extent that liberal reforms have improved economic institutions, might today's inequality subsequently derail them?
  • Topic: Economics, Markets
  • Author: Edmund S. Phelps
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: In his most recent tome, Edmund Phelps, the 2006 Nobel Laureate in Economic Science, addresses a topic crucial to successful national capitalist systems: the dynamics of the innovation process. Phelps develops his thesis around three main themes: In part one, he explains the development of the modern economies as they form the core of early—19th century societies in the West; in part two, he explores the lure of socialism and corporatism as competing systems to modern capitalism; and, in part three, he reviews post-1960s evidence of decline in dynamism in Western capitalist countries.
  • Topic: Economics
  • Political Geography: United States, Europe
  • Author: Rebecca U. Thorpe
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: In The American Warfare State, Reecca Thrope attempts to answer what she calls “the fundamental puzzle” of American politics: “Why a nation founded on a severe distrust of standing armies and centralized power developed and maintained the most powerful military in history.”
  • Topic: Economics
  • Political Geography: America
  • Author: Richard M. Salsman
  • Publication Date: 04-2015
  • Content Type: Journal Article
  • Journal: The Objective Standard
  • Institution: The Objective Standard
  • Abstract: Thomas Piketty's Capital in the Twenty-First Century makes an important contribution to the economic history of industrialization since the early 18th century. His collection of data on the distribution of income and wealth around the globe, drawn mainly from tax records, surveys, and national reports, is rigorous and comprehensive; no one before has collected such credible material in this important sub-field of economics. Piketty is also to be credited for presenting the data in scores of easy-to-interpret graphs and for making it available online for those wishing to verify the presentation and/or investigate alternative empirical patterns.
  • Topic: Economics
  • Author: Jochen von Bernstorff
  • Publication Date: 05-2015
  • Content Type: Journal Article
  • Journal: European Journal of International Law
  • Institution: European Journal of International Law
  • Abstract: Global economic justice as a topic of moral philosophy and international law is back on the intellectual agenda and figures prominently in feuilletons, blogs and academic publications. A wave of recent studies by both international lawyers and moral philosophers on the dark side of economic globalization and the role of international law in this context is as such a remarkable phenomenon. The essay engages with diverging scholarly perspectives on global justice and international law as represented in the four volumes under review. Three substantive questions structure the non-comprehensive sketch of the global justice debate: (i) Is the current international economic order unjust? (ii) Can existing international legal rules and institutions be transformed or developed into a more just economic order? (iii) What is the potential role of international lawyers in this context?
  • Topic: Economics, Globalization, International Law
  • Author: Zuri Linetsky
  • Publication Date: 05-2015
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: At the conclusion of the summer 2014 Gaza War Israel, Hamas, and the P.A. agreed to meet in Cairo, Egypt to discuss a long-term ceasefire. The goal of this summit was to allow for Gaza to rebuild itself, and for political changes associated with June's Unity Government deal between the P.A. and Hamas to take effect. The summit has since been postponed. However, Gaza still requires significant financial and material aid in order to function and provide for its people. This work examines the economic and security benefits to all parties involved of a long-term ceasefire between Israel, and Hamas. An economically open Gaza benefits Israel, the P.A. and Hamas, with few associated costs and creates an opportunity to reinvigorate final status negotiations.
  • Topic: Economics, Government
  • Political Geography: Israel, Gaza, Egypt
  • Author: Kristen Sarah Biehl
  • Publication Date: 05-2015
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: The growing flow of international migration to Turkey has serious implications for the social, economic and spatial transformation of recipient cities across the country. This paper highlights some of these implications by discussing findings from an ethnographic case study carried out in an inner-city locality of Istanbul. It raises four main points: 1) urban localities of migrant settlement are not accidental; 2) they are often highly diverse in new and complex ways; 3) space and difference are intricately intertwined in such urban localities; and 4) migration and diversification at the local scale can produce conflicted space narratives and governance systems. This paper aims to emphasize the importance of acknowledging the position and impact of migration to Turkey in the framework of larger processes of urban and societal transformation.
  • Topic: Economics, Migration, Governance
  • Political Geography: Turkey
  • Author: Stephanie J. Nawyn, Nur Banu Kavakli Birdal
  • Publication Date: 05-2015
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: This analysis offers an evaluation of the last three elections of the Kurdistan Regional Government (KRG) in Iraq. These three elections included the regional parliamentary elections in September 2013, and the local and federal elections held simultaneously in April 2014. The KRG, as a federal region, exists in the north of Iraq where Kurds have managed their own affairs through a regional government since 1992. The KRG elections have very little in common with elections in the rest of Iraq. Compared to the rest of Iraq, the “region” has experienced a very different trajectory during the last two decades. As a postwar region, the KRG strives to solidify a stable democracy in a landlocked region, which suffers from minimal economic capital and weak democratic culture.
  • Topic: Economics, Government
  • Political Geography: Iraq, Turkey
  • Author: Canan Balkir, İlkay Südaş
  • Publication Date: 05-2015
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: As a country in transition from emigration to immigration, Turkey hosts many diverse migrant groups, creating a very dynamic research field to explore. Amongst them, European retirees have settled in the coastal Turkish Riviera. This paper tries to understand the perspectives of both retired EU migrants and local hosts on migration and settlement processes. After briefly describing the geographical distribution of EU citizens in Turkey, the paper focuses on the demographic characteristics and socio-economic integration of retired migrants in Antalya, the most popular destination in Turkey.
  • Topic: Economics
  • Political Geography: Europe, Turkey
  • Author: Susan Beth Rottmann
  • Publication Date: 05-2015
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: In conversation with recent work on transnational social fields, this article explores how Germany and Turkey are linked through a “set of multiple, interlocking, networks of social relationships” . The article examines how the social field affects migrants returning from Germany to Turkey. Specifically, it describes how the transnational social field emerges through a concrete set of economic, political and cultural exchanges. It also illustrates that the social field is a space of imaginations of Germany and Turkey, reflecting and producing citizens' uncertainties about the “Europeanness”. For German-Turkish return migrants, the transnational social field exacerbates conflicts with non-migrants and fosters anxieties about migrants' “Germanization” and loss of “Turkishness.” Ultimately, this research shows that Turkish citizens remain deeply concerned about the meaning of modernity, Muslim citizenship in Germany, and Turkey's current and future position in Europe.
  • Topic: Economics
  • Political Geography: Europe, Turkey, Germany
  • Author: Valerie Behiery
  • Publication Date: 05-2015
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: he recent book edited by A.C.S. Peacock and Sara Nur Yıldız, The Seljuks of Anatolia: Court and Society in the Medieval Middle East, demonstrates how a cognizance of historiography affords the ability to reexamine a historical period. The book, which emerged out of a workshop held in Istanbul in 2009, reinvigorates the study of the Seljuk Empire. Its authors, in order to compensate for the paucity of Muslim sources on medieval Anatolia, draw from a number of “untapped” sources such as Greek and Armenian texts, epigraphy, poetry and letters sent to the court. More significantly, they employ innovative frameworks that test standard perceptions of the Sultanate of Rūm (c. 1081 -1308) and emphasize its religious, cultural, and linguistic diversity. Thus, while the cited aim of the book is to “explore how court and society interacted and shaped one [an]other,” moving “beyond the more purely political history that has dominated to date” (p. 4), its larger purpose of questioning entrenched views of the Seljuk dynasty and medieval Anatolia, and the methods that it uses to offer up new avenues of research make this book a benchmark in the field.
  • Topic: Economics
  • Political Geography: Middle East, Armenia
  • Author: Emilian Kavalski
  • Publication Date: 05-2015
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: The discussion of China's growing prominence in international life has attracted the increasing attention of policy-makers, the public and scholars alike. Usually sidelined by the mainstream, such interest in China's role and position in global politics has grown exponentially in the context of the deepening concomitant economic, social and political crises across Europe and North America – which, until very recently, were considered the traditional locales of power and influence in world politics. Indicative of the emerging weight and significance of non-Western actors on the global stage, the trend set by China seems to challenge the conventional framework of the study and practice of International Relations (IR).
  • Topic: International Relations, Economics
  • Political Geography: China, Europe, North America
  • Author: Priya Singh
  • Publication Date: 05-2015
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: Robert O. Freedman\'s edited volume, Israel and the United States: Six Decades of U.S.-Israeli Relations, is a compilation of an interesting assortment of essays by Israeli and American scholars from various fields, contending with different aspects of a complicated and multilayered relationship that comprises not only diplomatic and economic links, but also religious, legal, military and strategic connections as well as common beliefs. The first section of the book articulates the political ties between the United States and Israel since 1948. It contends with U.S.-Israeli diplomatic relations, an enquiry of the progression of the pro-Israeli lobby in the United States, and an analysis of the evolution of U.S. public attitudes toward Israel. David Makovsky\'s essay, which deals with the U.S. and the Arab–Israeli conflict, emphasizes that the U.S.\'s relationship with Israel and the Arab world is not a zero-sum game and that the United States can maintain good ties with both sides. The essay reiterates that Israel has been an asset for the United States rather than a liability, which has been suggested by the likes of John Mearsheimer and Stephen Walt. Robert Freedman, in contending with the policies of George Bush and Barack Obama towards the Arab-Israeli conflict, brings to the fore the similarities in their approaches as well as the significant differences, with the former pursuing an episodic approach while the latter has adopted a more continuous line. In his essay on the pro-Israeli lobby in the United States, Dov Waxman discusses the ruptures and fissures that have emerged within the lobby and concludes that there is no single organization that can persuasively claim to exemplify the vast majority of American Jews; as such, its clout/influence is expected to wane. Amnon Cavari\'s essay deconstructs the shifting trends in American support for Israel, contending that a decline in support among college-educated Americans along with an upsurge in support among evangelical Christians could weaken bipartisan backing for Israel.
  • Topic: International Relations, Economics
  • Political Geography: United States, Israel
  • Author: Daniel V. Speckhard
  • Publication Date: 09-2015
  • Content Type: Journal Article
  • Journal: Ambassadors Review
  • Institution: Council of American Ambassadors
  • Abstract: After serving for two challenging years in the chaos of a war zone as the Deputy Chief of Mission in Iraq, I received word that I would become the next Ambassador to Greece. To be quite honest, I had mixed feelings. I looked forward to the challenge, but I imagined the post would be too sedate compared with the adrenalin-charged days and world-shaping events in Iraq. It was anything but. Within a year of my arrival, the streets were aflame with violent protests over a police shooting of a teenager. A year later, snap elections brought a socialist government to power. And soon thereafter, the onion was further peeled to expose a financial crisis and a crumbling economic foundation built on a corrupt, oligarchic, and debt-addicted system fed by billions of dollars of public and private EU loans and grants.
  • Topic: Corruption, Economics, Politics, Financial Crisis, European Union
  • Political Geography: Europe, Greece
  • Author: Xiao Fang
  • Publication Date: 12-2015
  • Content Type: Journal Article
  • Journal: International Issues Slovak Foreign Policy Affairs
  • Institution: Slovak Foreign Policy Association
  • Abstract: China and Central Europe have experienced similar transitions over time and have a constructive role to play in the international system, taking on responsibility for development. Cooperation between China and Central and Eastern European Countries is conducted via the “16+1” mechanism, the Silk Road Economic Belt and 21st century maritime Silk Road, known as the “Belt and Road initiative.” Central European countries are EU member states and emerging economies. They are located at a geographically strategic juncture and form part of the East Asia–Transatlantic value chain. The 16+1 mechanism is helping China and Central European countries establish high level annual meetings and is encouraging the private sector, business, people-to-people exchanges. The Belt and Road initiative is providing new financing facilities, and a dialogue with the European Commission on investment plans is being launched. Studies and working groups are emerging to help set strategies, build mechanisms, allocate resources and implement policies. This article argues that the Chinese approach, i.e. the 16+1 mechanism and Belt and Road initiative, is platforms paving the way for China–Central Europe cooperation.
  • Topic: Development, Economics, Politics, Geopolitics
  • Political Geography: China, Central Europe
  • Author: Vilem Semerak
  • Publication Date: 12-2015
  • Content Type: Journal Article
  • Journal: International Issues Slovak Foreign Policy Affairs
  • Institution: Slovak Foreign Policy Association
  • Abstract: The paper provides an overview of stylized facts on current trends in trade between the PRC and the 16 Central and Eastern European (CEE) countries. The potential effects of the “One Belt, One Road” initiative are discussed as are policy recommendations for the CEE countries. Trade with China is seen as complementary to trade with the core of the EU (and with the mutual trade of the CEE region,) once the international fragmentation of value chains is taken into account. Multilateral and plurilateral (e.g. EU-based) approaches to relations with China are likely to generate fewer risks compared to isolated solutions based on national interest pursued individually by CEE countries.
  • Topic: Economics, International Trade and Finance, Politics, Multilateral Relatons
  • Political Geography: China, Eastern Europe, Central Europe
  • Author: Justyna Szczudlik
  • Publication Date: 12-2015
  • Content Type: Journal Article
  • Journal: International Issues Slovak Foreign Policy Affairs
  • Institution: Slovak Foreign Policy Association
  • Abstract: In the last two decades, Central and Eastern Europe (CEE) have not played an important role in China’s foreign policy and vice-versa. EU membership did not change China–CEE relations remarkably. The situation started to change once the global financial and economic crisis hit. CEE began to notice that China is an economic and political partner to be reckoned with. Meanwhile, despite the crisis, the PRC started to look at CEE as a stable region – especially in economic terms. At the beginning China decided to strengthen bilateral ties with CEE countries. But in mid-2011 Beijing took the first step to launch cooperation with CEE as a region,
  • Topic: Foreign Policy, Economics, Politics, Bilateral Relations
  • Political Geography: China, Central Europe
  • Author: Agnes Szunomar
  • Publication Date: 12-2015
  • Content Type: Journal Article
  • Journal: International Issues Slovak Foreign Policy Affairs
  • Institution: Slovak Foreign Policy Association
  • Abstract: China is increasingly perceived in Central and Eastern Europe as a country which could bring economic success to the countries of the region through the development of trade relations and the growing inflow of Chinese investment. Within the region, Hungary is regarded as occupying a prominent position by Chinese people and the government for several reasons. Chinese relations have historically been good: over the past decade Hungarian governments have committed themselves to developing the relationship. This trend was further confirmed after the global economic crisis of 2008, when Hungary started looking for new opportunities in its recovery from recession. The “Eastern opening” policy was initiated after the crisis and partly because of it. Officially, this policy puts more emphasis on further developing Chinese–Hungarian relations than was previously the case, including increasing trade and investment. However, the outcomes of the policy – such as the construction of the Budapest–Belgrade railway line – can be evaluated in different ways.
  • Topic: Development, Economics, International Trade and Finance, Politics
  • Political Geography: China, Central Europe
  • Author: Peter Ondris
  • Publication Date: 12-2015
  • Content Type: Journal Article
  • Journal: International Issues Slovak Foreign Policy Affairs
  • Institution: Slovak Foreign Policy Association
  • Abstract: While numerous specialist studies about Chinese communities have been published in other countries in the region, this is not the case in Slovakia. Therefore there is a general lack of information about the Chinese community in Slovakia. The objective of this study is, at least partially, to fill this gap. While in many cases, i.e. in Central and Eastern Europe, businesses run by Chinese migrants have contributed to the economic stabilization of the region, including in Slovakia. It should be noted that the number of Chinese people in Slovakia has in the last ten years decreased as a percentage of the foreigners living legally in Slovakia. One could assess this as being a consequence of Slovakia’s EU membership and its adoption of European legislation. The Slovak government has adopted policies to try to change the nature of Chinese migration to Slovakia and attract more educated people and businessmen.
  • Topic: Development, Economics, International Trade and Finance, European Union, Multilateral Relatons
  • Political Geography: China, Eastern Europe, Hungary, Central Europe, Slovakia
  • Author: Edward Skidelsky
  • Publication Date: 02-2014
  • Content Type: Journal Article
  • Journal: Ethics International Affairs Journal
  • Institution: Carnegie Council
  • Abstract: Money has always inspired obsession, both in those who amass it and in those who think about it. “Man will never be able to know what money is any more than he will be able to know what God is,” wrote the French financier Marcel Labordère to his friend John Maynard Keynes. The analogy is apt. Money, like God, injects infinity into human desires. To love it is to embark on a journey without end. Three new books testify to money's enduring power to fascinate and horrify. The most scholarly of them, The Invention of Market Freedom by political theorist Eric MacGilvray, traces the emergence of the distinctively modern or “market” conception of freedom out of its “republican” predecessor. The general story is somewhat familiar, but MacGilvray complicates it by showing that market freedom did not vanquish its republican competitor in open combat but subverted it from within, like a parasite devouring its host.
  • Topic: Economics, Markets
  • Political Geography: New York
  • Author: Harold James
  • Publication Date: 02-2014
  • Content Type: Journal Article
  • Journal: International Affairs
  • Institution: Chatham House
  • Abstract: A spectre is haunting the world: 1914. The approaching centenary of the outbreak of the First World War is a reminder of how the instability produced by changes in the relative balance of power in an integrated or globalized world may produce cataclysmic events. Jean-Claude Juncker, the veteran Prime Minister of Luxem-bourg and chair of the Eurogroup of finance ministers, started 2013 by warning journalists that they should take note of the parallels with 1913, the last year of European peace. He was referring explicitly to new national animosities fanned by the European economic crisis, with a growing polarization between North and South. Historically, the aftermath and the consequences of such cataclysms have been extreme. George Kennan strikingly termed the 1914–18 conflict 'the great seminal catastrophe of this century'. Without it, fascism, communism, the Great Depression and the Second World War are all almost impossible to imagine.
  • Topic: Conflict Resolution, Communism, Economics, Politics, War
  • Political Geography: Europe
  • Author: Eui-Gak Hwang
  • Publication Date: 02-2014
  • Content Type: Journal Article
  • Journal: International Journal of Korean Studies
  • Institution: International Council on Korean Studies
  • Abstract: This article will describe the recent status of the North Korean economy and its external trade as well as the derailed North-South economic interaction. Despite several attempts by North Korea to introduce change involving the term 'economic reform', North Korea has not yet advanced during the last thirty years. Its economic deadlocks are owed, first, to its very principles in which economic reform must be permissible only within the set of basic values held by the monoparty about "juche (self-reliant)" socialism. In other words, even partial decentralization is itself being centrally directed and eyed with military-first targets. Second, the North Korean leadership and its supporting elites, the final arbiters deciding how far it is permissible to open its system, are apprehensive that a change in its system would actually lead to the collapse of their established power structure. The fear of reform arbiters regarding a revolutionary bottom-up movement has played a role in inhibiting action. North-South economic cooperation as well as the resistance to North's external openness must also be considered for its potential positive and negative effects on the people in the monarchic hermit kingdom. North Korea is likely to remain little changed as long as Kim's family continues its current rule. The only chance for real change may occur if the young and liberal Kim Jung-eun wakes up and agrees to unite with South Korea.
  • Topic: Economics
  • Political Geography: South Korea, North Korea
  • Author: Hiroki Takeuchi
  • Publication Date: 01-2014
  • Content Type: Journal Article
  • Journal: International Relations of the Asia-Pacific
  • Institution: Japan Association of International Relations
  • Abstract: China and Japan have been deepening economic interdependence over the last two decades, while China has recently shown territorial ambitions and initiated disputes with Japan. This runs contrary to the commercial liberal literature that argues that trade promotes peace. On the other hand, the realist theory also does not fully explain Sino-Japanese relations because Sino-Japanese relations are not always in conflict. The rise of China and the relative decline of Japan might explain increasing tensions in the rivalry relationship, but what drives Chinese leaders to initiate disputes? I address the importance of domestic politics to examine Sino-Japanese disputes. I argue that the recent deterioration of the bilateral relationship could be explained by the power struggle in the Chinese leadership. To support the logic of this argument, I use a game-theoretic model, which accounts for how the type of Chinese leadership influences foreign policy outcomes in Sino-Japanese relations.
  • Topic: International Relations, Economics
  • Political Geography: Japan, China
  • Author: Kan Kimura, Koji Kagotani, Jeffrey R. Weber
  • Publication Date: 01-2014
  • Content Type: Journal Article
  • Journal: International Relations of the Asia-Pacific
  • Institution: Japan Association of International Relations
  • Abstract: Since its democratization, South Korea's foreign relations with Japan have become increasingly volatile. We investigate the diversionary incentives behind these fluctuations in South Korean foreign policy during 1988–2011. We show evidence that, similar to mature democracies, economic turmoil is driving Korean leaders to divert the public attention toward low-intensity disputes against Japan. However, unlike mature democracies, our results reveal that public approval ratings and national elections do not encourage leaders to engage in the diversionary behavior due to South Korean domestic political institutional settings and party system. These findings highlight challenges to foreign policy making in a new democracy, an issue that has not been considered in detail in the literature. We conclude that although historical antagonism and US commitment to East Asia may affect the Japan–South Korea relationship, economic diversionary incentives significantly determine the fluctuations in Japan–South Korea disputes
  • Topic: Foreign Policy, Economics
  • Political Geography: Japan, South Korea
  • Author: Arthur A. Stein
  • Publication Date: 01-2014
  • Content Type: Journal Article
  • Journal: International Relations of the Asia-Pacific
  • Institution: Japan Association of International Relations
  • Abstract: This paper challenges the conventional wisdom that US power and preferences following World War II led to bilateralism in Asia and multilateralism in Western Europe. It argues that the challenges facing the United States in both regions were similar, as were US policies meant to address them. With some lag, the United States supported the economic recovery of the regional powers it had defeated (Germany and Japan), saw the restoration of regional trade as a prerequisite, sought military bases to assure postwar security, and envisioned rearming its former foes as part of its security strategy. The outcomes in the two regions reflected the preferences and reservations of regional actors. The critical differences between the regions were structural. The existence of middle powers was critical in Europe, the return of colonial powers to Asia precluded regional arrangements in the short term, and geostrategic differences shaped the requisites for regional security.
  • Topic: Economics, War
  • Political Geography: United States, Europe, Asia
  • Author: Masaru Kohno
  • Publication Date: 01-2014
  • Content Type: Journal Article
  • Journal: International Relations of the Asia-Pacific
  • Institution: Japan Association of International Relations
  • Abstract: East Asia now occupies a prominent place in the study of international relations (IR). This, of course, does not mean that IR scholarship in the past failed to pay due attention to East Asia. Wars, trade, and international integration in this region have been the subject of analysis in countless books and scholarly articles. However, the renewed interest in this region is not so much empirically driven (to increase East Asian coverage in the literature) as before but rather represents a theoretical inquiry pertinent to the intellectual underpinning of the scholarship itself. Today, some experts of the region harshly criticize the 'euro-centric' bias of existing IR study and seek to provide alternative conceptions based on the East Asian experience. In response, other scholars have advanced views less provocative but more nuanced about the originality of East Asia. And, there are still others who ï–‚atly reject the connotation that the logic of East Asian international relations is inherently different from that elsewhere. Thus, a diverse set of perspectives has been laid out on the table, but their strengths and shortcomings are yet to be evaluated systematically.
  • Topic: International Relations, Economics, War
  • Political Geography: East Asia
  • Author: Maria Cristina Paciello
  • Publication Date: 02-2014
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: Two years after the popular mobilisations in Egypt and Tunisia of early 2011, post-uprising authorities, including the Islamist parties that came to power, have failed to deliver on the demands for social justice that triggered those protests. They have responded to past and present socio-economic challenges by adopting measures that are in clear continuity with previous regimes and lacking any coherent long-term vision of economic reform. Indeed, albeit with differences between the two countries, post-uprising authorities, lacking experience and competence, have not fully broken with the old system in reconfiguring power relations within and outside state institutions and have continued to adopt a top-down approach to economic decision-making.
  • Topic: Economics
  • Political Geography: Egypt, Tunisia
  • Author: Laura Guazzone
  • Publication Date: 02-2014
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: After winning the 2011 elections, the Ennahda Islamist Party was the majority partner in successive coalition governments, whose poor performance - namely in the economic and security fields - disappointed the people's high post-revolutionary expectations. Opponents accused Ennahda of incompetence, greed for power and double talk. Many of the Ennahda-led governments' failures were due to factors beyond their control, but some did indeed depend on Ennahda's own political weaknesses. Nevertheless, Ennahda contributed positively to the overall development of Tunisia's political transition thanks to its moderation and pragmatism and its contribution remains paramount for the democratic consolidation of Tunisia and other political Islamic actors.
  • Topic: Security, Economics, Government, Islam
  • Political Geography: Tunisia
  • Author: Erdal Tanas Karagol
  • Publication Date: 02-2014
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: During the 1990s, political uncertainties in Turkey had negative effects that left the economy vulnerable to public and foreign debt due to high inflation, high budget deficit and high current account deficit. Coalition governments failed to address these problems. Following its rise to power in 2002, the AK Party developed a new perspective for the economy, politics and foreign policy collectively referred as the New Turkey. The government emphasized fiscal discipline, structural transformation and privatization. During this period, Turkey rapidly recovered from the negative effects of the 2001 financial crisis and reached a steady growth rate. The country also survived the 2008 global crisis with minimum damage. The government seeks to meet its targets for the centennial of the Republic's establishment.
  • Topic: Foreign Policy, Development, Economics, Government
  • Political Geography: Turkey
  • Author: Y. Emre Gurbuz
  • Publication Date: 02-2014
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: In the last two decades, Kyrgyzstan has searched for stability while swinging on a pendulum between democratic reforms and suppression of democracy. Political changes in Kyrgyzstan started with the liberal democratic promises of President Akayev in 1990 and President Bakiyev in 2005, but they both ended with disillusionment. The state's capacity had to be reestablished in the post-Soviet period, which was sought to be institutionalized by authoritarian measures. The failure of the authoritarian path proves that the people of Kyrgyzstan are more open to a parliamentary democracy, where the multiplicity of interests in society can be represented. Stability, however, does not only rest upon the representation of different groups' interests but also on increasing economic resources to redistribute wealth across society.
  • Topic: Economics
  • Political Geography: Kazakhstan
  • Author: VIctoria Makulilo
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: Central European University Political Science Journal
  • Institution: Central European University
  • Abstract: The persistence of economic destitution particularly in the developing countries has raised an endless debate on its causes and the way forward. Different theories have been formulated and other theories perished. The present scholarship explains how regimes shape prosperity, welfare and peace. Using various theories Pippa Norris argues that democratic governance is capable of bridging the economic gap and spurring economic growth. Democratic governance assumes that development is most effective where regimes combine the qualities of democratic responsiveness and state effectiveness. Various premises have been put into consideration. First, institutions of liberal democracy encourage elected officials to pay attention to human security. However, in practice, liberal democracy often proves to be imperfect in each of these procedures. This is particularly so where party competition is limited. As a result electoral systems are manipulated or channels of participation are more skewed towards money than people. Second, democratic institutions are by themselves insufficient to achieve development goals. It is quite known that institutions of democracy can limit the abuse of state power but do not ensure the necessary capacity of leaders to implement effective public policies addressing social needs. Therefore, a merging of democracy and governance, particularly state capacity leads to achieving developmental goals.
  • Topic: Economics, Governance
  • Author: Dinoj K. Upadhyay
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: Central European University Political Science Journal
  • Institution: Central European University
  • Abstract: As world is moving fast on swirling waves of globalization and, as the new economies of Asia have witnessed unprecedented economic growth, global competition for natural resources has entered into new phase of international politics. Although 'scramble for natural resources' has always been a defining theme of international economic structures, the rise of Asian economies and multinational companies has metamorphosed natural resources politics in the current discourse on world affairs. The African continent which has huge reserves of natural resources such as oil, gas and minerals, has acquired a renewed significance in world politics. Analysts fear that quest for natural resources can lead to potential new conflicts among nations. Today, new discoveries of coal, oil and gas across Africa generate great academic interest to predict how these resources will transform the course of global energy markets and development in those countries. In this context, Sandipani Dash, in his book Sudan's Oil Diplomacy, 1991-2003, has attempted to analyze oil diplomacy of an erstwhile undivided Sudan in the larger context of natural resource politics in Africa. The book aims to examine the importance of Sudan's oil reserve in the world oil regime, its oil production linkage with the Western and Asian countries, and its diversified approach to transnational oil production with Asian orientation.
  • Topic: Economics, Oil
  • Political Geography: Sudan
  • Author: Nicolae Biea
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: Central European University Political Science Journal
  • Institution: Central European University
  • Abstract: Economists generally believe that societies face a trade-off between efficiency and equality. Arthur Okun famously expressed this view when he compared redistribution from the rich to the poor to carrying money in a “leaky bucket”. The leak, according to Okun and likeminded economists, is caused by the distortionary effects of taxation and the high administrative costs of redistribution. Samuel Bowles' latest book, The New Economics of Inequality and Redistribution, is chiefly an attack on this widespread view. Bowles argues that it is wrong to view efficiency and equality as competing goals and, moreover, that some redistributive policies will actually improve economic efficiency rather than damage it.
  • Topic: Economics
  • Author: Seyed Ali Monavari, Farhad Atai
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: Iranian Review of Foreign Affairs
  • Institution: Center for Strategic Research
  • Abstract: What paved the way for the establishment of the foreign policy of the Pahlavi dynasty in Iran? This paper seeks to analyze the phenomenon of the construction of the enemy image in the diplomatic history of Iran from 1798 to 1921 and assess its historical roots as it can be useful for the understanding of the attitudes of Iranian policy makers towards the West. The authors' proposal is to explain the construction of enemy image in a historical context in the cognitive structure of Iranian political leaders towards the great powers in the 20th century until the advent of the Islamic Revolution in February 1979. In doing so, the authors have proposed the following hypothesis: With the continuation of Iran's diplomatic relations with Western powers (Great Britain and Russia) under the Qajar dynasty in 1798, a process took shape which gradually led to the construction of an enemy image in the cognitive structure of future Iranian statesmen in the Pahlavi era, underpinning their political relationships with contemporary powers. The authors' findings include the notion that the historical process in question under the Qajar Dynasty involved a combination of military domination, political influence and economic exploitation by the aforementioned powers.
  • Topic: Foreign Policy, Economics, Islam, Politics
  • Political Geography: Britain, Russia, Iran
  • Author: Geoffrey Black, D. Allan Dalton, Samia Islam, Aaron Batteen
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: Over 50 years ago, in "The Problem of Social Cost," Ronald Coase (1960) attempted to reorient the economics profession's treatment of externalities. He wanted to draw economists' attention away from the world of pure competition as a policy standard and investigate the consequences of transaction costs and property rights for the operation of markets. In 1991, he was awarded the Nobel prize in economics "for his discovery and clarification of the significance of transaction costs and property rights for the institutional structure and functioning of the economy" (Royal Swedish Academy of Sciences 1991). The Academy cited both his 1960 article and his 1937 article "The Nature of the Firm."
  • Topic: Economics
  • Political Geography: New York
  • Author: John Merrifield, Barry W. Poulson
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: The Cato Journal
  • Institution: The Cato Institute
  • Abstract: Economic downturns expose unsustainable fiscal practices. Widespread fiscal crises create opportunities to compare policy options that address especially adverse circumstances, especially progrowth fiscal constraints that can stabilize state budgets over the business cycle. Our policy option assessments depart from the normal practice of assessing rules and policies independently. Our premise is that the fiscal policy mix determines its outcomes. We include dynamic scoring to provide a richer view of the policy interactions.
  • Topic: Economics
  • Political Geography: California
  • Author: Michelle Bachelet
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Women's political and economic participation strengthens democracy, equality and the economy. And while women's empowerment and full participation in society are important goals in themselves, they are also vital for reducing poverty, achieving universal education, improving maternal and child health, and fulfilling other development goals. Increasing the presence of women in politics not only responds to their rights as citizens; it enriches political discourse, decision-making and inclusiveness, and improves social conditions through the passage of equitable laws and policies.
  • Topic: Economics, Politics
  • Political Geography: Latin America
  • Author: Melanne Verveer
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: When I attended the first Summit of the Americas in Miami in 1994, only two female heads of state represented their countries: Dominica and Nicaragua. This past April at the Sixth Summit of the Americas in Cartagena, Colombia, five of the presidents and prime ministers representing the 33 participating countries were women: from Argentina, Brazil, Costa Rica, Jamaica, and Trinidad and Tobago. Their presence was an important example of the progress the hemisphere—and its women—have made. In fact, the region continues to make progress in a variety of areas. Latin America and the Caribbean are tackling ongoing challenges head-on, including promoting girls' education, improving women's and girls' health, facilitating women's political participation, and expanding women's economic opportunities. Governments throughout the hemisphere are increasingly recognizing that no country can get ahead if it leaves half of its people behind.
  • Topic: Foreign Policy, Economics, Government
  • Political Geography: America, Brazil, Caribbean
  • Author: Lourdes Melgar
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: The time is ripe for a historic transformation of Mexico's energy sector. The 2008 Reforma Energética (Energy Reform)—a congressionally-approved presidential initiative that established or modified seven laws—highlighted the significant challenges facing the Mexican oil industry and the economic implications of a decline in oil production. The problem: it didn't resolve them. With the exception of Andrés Manuel López Obrador of the Partido de la Revolución Democrática (Party of the Democratic Revolution—PRD), for the first time in Mexican politics the presidential candidates this year set out a series of bold institutional reforms. These included what was unthinkable years ago: turning the state-owned enterprise, Petróleos Mexicanos (PEMEX), into an autonomous firm that could issue stock shares—a model similar to the one adopted by Brazil's Petrobras in the 1990s.
  • Topic: Economics, Government
  • Political Geography: Brazil, Mexico
  • Author: Stephanie George, Susan Silbermann, Elisa Garcia C.
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: When I started my career over 30 years ago, there was strong resistance among companies to take a chance on a young woman whose nurturing and collaborative style seemed foreign to the traditional corporate culture. But I was lucky enough to work at two trendsetting companies, Disney/ABC and Time Warner, both of which recognized the importance of having women in the C-suite and championed sponsorship strategies and programs for women's advancement. The programs I participated in gave me access to top executives, prepared me to move forward in my career, and provided the necessary skills and acumen to better serve on corporate boards. While I learned a lot about business from these initiatives, I've also always stayed true to my own corporate style and I encourage other women to do the same. I'm more likely to start a business meeting with a hug than with a handshake. I manage my direct reports through motivation, not intimidation. I see colleagues as teammates, not adversaries.
  • Topic: Economics
  • Author: Peter Klingstone, Lisa Schineller
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Is Brazil's economy too commodity-dependent? Yes: Peter Kingstone; No: Lisa Schineller In this issue: Brazil's reliance on commodity exports threatens its medium- and long-term growth prospects. Brazil's economic success is based on more than the demand for natural resources.
  • Topic: Economics
  • Political Geography: China, Brazil
  • Author: Matthew Aho
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: It took courage and a splash of audacity for Argentine Congresswoman Laura Alonso to oppose the nationalization of Spanish oil giant Repsol's stake in Yacimientos Petrolíferos Fiscales (YPF), her country's largest energy company. Her remarks in the Cámara de Diputados (Chamber of Deputies) earlier this year earned her taunts even from fellow deputies from the ruling Peronist coalition of being “traitorous” and an “española” (Spaniard). Alonso gave as good as she got, calling officials in President Cristina Fernández de Kirchner's government who orchestrated the takeover mistaken, corrupt and contaminated. “You can't just wave a national flag and evoke patriotism, while at the same time you're signing corrupt deals contrary to the rights of the people behind their backs,” she said in interviews after the speech.
  • Topic: Economics, Government
  • Political Geography: Argentina
  • Author: Olivia Ruggles-Brise
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Latin America's travel and tourism industry took a hit during the 2008–2009 recession. International arrivals slowed and tourists had less money to spend. But over the longer term, tourism has been a success story—and forecasts suggest continued growth. That should surprise no one. Latin America's sheer diversity in scenic beauty, cuisine and cultures has combined with an increasingly sophisticated domestic industry to cater to every kind of traveler. Since 2006, tourism's direct contribution to GDP in Latin America has grown by 7 percent in real terms—more than double the world average—to reach an estimated $134 billion in 2011. This figure, which is projected to rise to $224 billion in 2022, includes revenue generated by tourism-oriented services such as hotels and airlines, as well as restaurant and leisure industries that cater to tourists. Forecasts for this year suggest tourism's direct contributions will grow by 6.5 percent, behind only Northeast and South Asia (6.7 percent).
  • Topic: Economics
  • Political Geography: United States, Brazil, Latin America
  • Author: Luis Felipe Lopez-Calva
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: During the first decade of the twenty-first century, Latin America's increasing prosperity and social progress have led analysts to conclude that historic change is taking place. Indeed, poverty in Latin America fell from 41.4 percent in 2000 to 28 percent in 2010, even at a time of global distress1—a result, in part, of both sustained economic growth and reductions in inequality. As a result, the focus in policy circles has switched to the role an emerging middle class can play in the region, both as an engine of growth and as the foundation for social cohesion and better governance. The key to understanding this shift is accurately defining the middle class in economic terms.
  • Topic: Economics, Governance
  • Political Geography: Latin America
  • Author: Bruce W. Jentleson
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: The Washington Quarterly
  • Institution: Center for Strategic and International Studies
  • Abstract: The release of the Obama administration's 2014 National Security Strategy comes amidst increasing criticism of its strategic savvy. Some are rank partisan, some Monday-morning quarterbacking. Some, though, reflect the intensifying debate over the optimal U.S. foreign policy strategy for our contemporary era.
  • Topic: Economics
  • Political Geography: United States
  • Author: Francisco Panizza, Jon Samuel, Anthony Hodge, Lisa Sachs, Edwin Julio Palomino Cadenas
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: To secure a positive development outcome from mining, governments first need to create the conditions that will attract investment in new mines. This starts with open and honest means of allocating mineral exploration and development rights, the rule of law, a stable regulatory and fiscal regime, and openness to foreign investment.
  • Topic: Economics, Government
  • Political Geography: America
  • Author: Joseph J. Kolb
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Documenting the return of civic and economic normalcy to a city under siege. Civic and economic life is coming back to a city once synonymous with gangland murders and violence against women. The lunch shift is in full swing at Viva Juárez restaurant. After a morning of shopping, pedestrians trickle into the popular eatery on Avenida Benito Juárez, where cooks chop onions and peppers at a formica counter and the aroma of carnitas wafts onto the sidewalk. The mood inside Viva Juárez and on the nearby streets is relaxed. But the bullet holes in the peeled and faded burnt-orange façade of the nearby Del Pueblo restaurant, closed down after a shooting, are stark reminders of the city's recent history as the “Murder Capital of the World.”
  • Topic: Economics
  • Political Geography: North America
  • Author: Aurora Garcia Ballesteros, Beatriz Cristina Jiminez Blasco
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Latin America has historically played an important role in Spain's migratory cycles—both as a sender and as a recipient. Spanish political immigration to the hemisphere surged following the Spanish Civil War (1936–1939) and again after World War II, when Spaniards flocked to Latin America for economic reasons. The flow reversed with the late-1980s economic crises in Latin America. Between 1996 and 2010, Latin Americans in Spain—measured by those who obtained Spanish citizenship—grew nearly tenfold, from 263,190 to 2,459,089. Now Europe's economic crisis, which has acutely affected Spain, is causing the flows to shift again. According to data from Spain's National Institute of Statistics (INE), for the first time in this century, more people are now leaving Spain than moving to it. Net migration in 2011 was reported at negative 50,090 people, with 507,740 leaving Spain and 457,650 arriving.
  • Topic: Economics, Migration, War
  • Political Geography: Latin America, Spain
  • Author: Leani García
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: There's no denying it; whether it's share of trade or percent of foreign direct investment (FDI) in the hemi sphere, the U.S.' economic presence has decreased. Even when the U.S. didn't slip a place in terms of a trade partner, its overall share of countries' imports or exports declined across the board, while other countries' increased—especially China's. In the same period, in Argentina and Brazil, the share of U.S. FDI declined by 22% and 27%, respectively.
  • Topic: Economics, Foreign Direct Investment
  • Political Geography: Brazil, Argentina, Latin America
  • Author: Alejandro M. Werner, Oya Celasun
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Latin America has bounced back economically in the past decade. Between 2002 and 2012, the region has seen strong and stable growth, low inflation and improved economic fundamentals. As a result, the weight of the region in global economic output increased from about 6 percent in the 1990s to 8 percent in 2012. With that has come a greater voice in the global economy.
  • Topic: Economics
  • Political Geography: Brazil, Latin America, Mexico
  • Author: Seth Colby
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: In November 2009, the cover of The Economist showed the iconic Christ statue overlooking Rio de Janeiro blasting off into outer space. This image, along with the cover headline, "Brazil Takes Off," represented the Carnaval-like euphoria about Brazil that infected journalists and financial markets at the time, buoyed by the country's impressive economic performance in the wake of the 2008 global financial crisis.
  • Topic: Economics, Financial Crisis
  • Political Geography: Brazil, Latin America
  • Author: Saskia Sassen, Andrew Selee, Moses Naim
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Two Nations Indivisible: Mexico, the United States, and the Road Ahead by Shannon O'Neil BY ANDREW SELEE Click here to view a video interview with Shannon O'Neil. No relationship in the Western Hemisphere is more critical for the United States than its relationship with Mexico. U.S. security is closely tied to Mexico's ability (and willingness) to strengthen its legal and judicial system, and to Mexico's economic potential. And conversely, an improving American economy will have an outsized impact on Mexico's future development. In Two Nations Indivisible: Mexico, the United States, and the Road Ahead, Shannon K. O'Neil, a senior fellow at the Council on Foreign Relations, provides both a readable recent history of Mexico and a cogent argument for why U.S. policymakers, business leaders and citizens should care about the future of their southern neighbor. In one of her more compelling passages, she imagines what it would be like if Mexico's economy were to take off as Spain's did in the 1980s and 1990s.
  • Topic: Corruption, Economics
  • Political Geography: United States, Mexico
  • Author: Ramon Campos Iriarte
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Pimpineros BY RAMÓN CAMPOS IRIARTE Colombia's pimpineros struggle to survive in the shadowy, violent world of border gas smuggling. José, a tough-looking, dark-skinned man in his 40s, met me at a small restaurant in a crowded neighborhood in Cúcuta, capital of Colombia's Norte de Santander department, and a traditionally “hot” place for contraband and mafia violence. A leader of Sintragasolina, the gas workers' union, José agreed to see me only if we met in a public place in broad daylight to talk about the illegal fuel sellers—known as pimpineros—that he risks his life to defend. Pimpineros' livelihoods depend on the disparity between subsidized Venezuelan gas prices and the highly taxed Colombian ones. In towns like Cúcuta, poverty and violence have pushed entire neighborhoods to become “pueblos bomba”—“pump towns”—whose economies are based entirely on the smuggling, home storage and selling of pimpinas (five-gallon—19-liter—containers) of hydrocarbon-based products. Thousands of low-income Colombian families spend days and nights in their improvised street shacks, pouring gas through handmade funnels into their clients' tanks.
  • Topic: Economics, Government
  • Political Geography: Colombia
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Business Innovator: Felipe Arango, Colombia The Chocó region in western Colombia is one of the most mineral-rich places in the hemisphere. It is also ecologically rich, boasting species of flora thought to be unique to Chocó. But due to years of commercial gold and platinum mining that have leached mercury and cyanide into local rivers, the Chocó region has also become one of the most threatened natural areas in the world. Felipe Arango has been working to change that. Arango, 34, is CEO of Oro Verde—an NGO based in Medellín, Colombia, that empowers local miners to use more ecologically friendly artisanal mining techniques. Founded in 2003, the organization purchases gold produced by certified artisanal miners, many of them Afro-Colombian, and sells it to socially conscious jewelers around the world. Oro Verde takes a 2 percent cut to fund its operations and administration, and contributes its profits and reinvested premiums to the protection of 11,120 acres (4,500 hectares) of tropical rainforest. Oro Verde's gold certification process, meanwhile, has influenced the development of a global “fair-trade, fair-mined” gold certification process.
  • Topic: Economics, Government, Human Rights
  • Political Geography: New York, Colombia
  • Author: Kurt J. Nagle
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Infrastructure: U.S. Seaport Expansion BY KURT J. NAGLE U.S. seaports are in an enhancement and expansion mode. While the widening of the Panama Canal may serve as the catalyst for some of the anticipated $9.2 billion in annual facilities investment in the foreseeable future, this is only part of the story. Several other factors are propelling this huge investment of private capital into U.S. ports. One is the rebounding domestic economy: the value of U.S. exports has risen 70 percent and imports have increased by 53 percent since the first half of 2009. Another driver is the increasing overseas demand for U.S. exports, particularly among the growing middle class in Latin America and parts of Asia. In fact, in the next decade, total U.S. exports are projected to surpass imports for the first time in a generation. Yet another consideration is that manufacturing operations are returning to North America, a development known as “nearsourcing.” With rising labor costs overseas, a narrowing labor differential at home and long transit times to market, a Michigan-based AlixPartners survey conducted in 2012 found that 9 percent of manufacturing executives have already taken steps to “near-source” their operations, and 33 percent plan to do so within the next three years.
  • Topic: Development, Economics, Government
  • Political Geography: United States, California, North America
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Prost, Brazil! Grab a stein-full of caipirinha and stroll down to Ipanema beach in your lederhosen—it's Germany-Brazil Year in Brazil. The yearlong festival, aimed at deepening German-Brazilian relations, kicked off in May with the opening of the German-Brazilian Economic Forum in São Paulo. “Brazil is one of the most successful new centers of power in the world,” says Guido Westerwelle, Germany's foreign minister. “We want to intensify cooperation with Brazil, not only economically but also culturally.” It's no surprise that Brazil, the sixth-largest economy in the world, has caught the attention of Europe's financial powerhouse. Brazil is Germany's most important trading partner in Latin America, accounting for $14.2 billion in imports in 2012. With some 1,600 German companies in Brazil providing 250,000 jobs and 17 percent of industrial GDP, it's an economic relationship that clearly has mutual benefits.
  • Topic: Security, Economics, Environment
  • Political Geography: United States, New York, Europe, Brazil, Germany, Mexico
  • Author: John Carey, Adriana La Rotta, Nancy Perez
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Latin American Populism in the Twenty-First Century edited by Carlos de la Torre and Cynthia J. Arnson BY JOHN M. CAREY Legend has it that on his deathbed, Juan Domingo Perón, the former President of Argentina, uttered a curse condemning any would-be biographer to dedicate his or her career to defining populism. Or perhaps the curse was issued on the lost page of the late Brazilian President Getúlio Vargas' suicide note, or slipped in among the bills in an envelope passed surreptitiously by Alberto Fujimori to some Peruvian legislator, or whispered by the recently deceased Venezuelan President Hugo Chávez into the ear of his successor, Nicolás Maduro. No matter. Whoever first uttered the curse, it worked: political scientists studying the region have wrestled and been obsessed with the concept for decades. We want to write about populism. Indeed, we need to write about it, because populism is among the most important and persistent phenomena in modern Latin American politics. But because the populist label has been applied to such a broad array of phenomena, we are condemned to define it before we can embark on any serious analysis. Academic exactitude being what it is, this leads first to extended consideration of what others have held populism to be, followed by a self-perpetuating and seemingly inescapable cycle of judgment, distinction and justification.
  • Topic: Economics, Migration
  • Political Geography: United States, Argentina, Colombia, Latin America, Central America
  • Author: Nathaniel Parish Flannery
  • Publication Date: 05-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Dispatches: Xaltianguis, Mexico BY NATHANIEL PARISH FLANNERY How armed housewives in the hills of Mexico are fighting back against narcotraffickers—without the state. View a slideshow from Xaltianguis, Mexico below. Angelica Romero, a middle-aged mother of two, views her reflection in the bedroom mirror. She tucks her blue T-shirt into her jeans, pulls her hair back in a ponytail, and slips a tan baseball cap onto her head. In black letters across the brim, it reads: “Citizen Police.” Only a few months earlier, residents of Romero's town, Xaltianguis, located in the verdant hills outside Acapulco, had been paralyzed by fear of kidnapping gangs, armed robbers and extortionists. But since the townspeople banded together to form a militia this summer, the crime wave has come to an end.
  • Topic: Economics, Government
  • Political Geography: Mexico
  • Publication Date: 05-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Arts Innovator: Luis Antonio Vilchez, Peru Watch a video of Luis Antonio Vilchez dancing in Times Square below. Passing through New York's Times Square one winter day in 2010, Lima native Luis Antonio Vilchez noticed a group of street percussionists playing a familiar Afro-Peruvian rhythm—and immediately decided to join them. Soon, a large crowd gathered as Vilchez, wearing a button-down shirt and a winter coat, burst into a dance performance that was so impressive even the drummers watched in awe. The same kind of impromptu creativity dominates Adú Proyecto Universal (Adú Universal Project), a nonprofit arts organization Vilchez founded four years ago to re-imagine Peruvian identity through dance, theater and percussion. Financed by money the group earns from its performances, Adú (which means “friend” in limeña slang) encourages its 20 members—all dancers—to combine different dance and music genres, crossing back and forth between tradition and modernity.
  • Topic: Economics, Education, Government, Politics
  • Political Geography: United States, New York
  • Author: Robert D. Springborg
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The Turkish model deemed most relevant to 2011-12 post-Mubarak Egypt was the Islamist-led transformation of the polity and economy that occurred following the rise to power of the Justice and Development Party (AKP) in the 2002 general election. As it transpired, this version of the Turkish model lasted but one year before another took its place. That model was the political project of the Turkish military that seized power in September 1980. This thirty-one year old Turkish model of a constitutionally empowered executive body, controlled by the military appears to have trumped the contemporary, Islamist one in Egypt. But the Turkish military coup of 1980 unwittingly and unintentionally laid the groundwork for the transition that ultimately swept it from power and its leaders into jail. The pertinent question then is will Egypt's civilian political and economic actors be similarly and sufficiently astute to exploit the opportunities they inevitably will have even under military rule? Egyptian political forces will inevitably mount serious challenges as they did in Turkey. In Egypt, however, the domestic and regional political and economic contexts are so different from those in Turkey that the outcome of the struggle for power between civilians and the military are likely to deviate substantially from this Turkish model.
  • Topic: Economics, Islam
  • Political Geography: Turkey, Egypt
  • Author: Gotabhaya Rajapaksa
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: PRISM
  • Institution: National Defense University Press
  • Abstract: Sri Lanka is one of the most peaceful and stable countries in the world today. Its citizens enjoy the benefits of peace and have complete freedom and countless opportunities to build better futures for themselves. At the same time, Sri Lanka faces potential threats from various sources. Guarding against these threats and ensuring the safety of the nation is the first duty of the government, because national security is the foundation of freedom and prosperity. As such, the government needs to be fully aware of all the issues that impact the country in areas such as defense, foreign policy, economic affairs and internal law and order. It must formulate a comprehensive national security strategy to deal with them.
  • Topic: Foreign Policy, Economics
  • Political Geography: Sri Lanka
  • Author: Azzam Tamimi
  • Publication Date: 02-2014
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: During the months leading up to July 3, 2013, the state of Egypt mirrored that of Chile 40 years ago. What Egypt's Mohamed Mursi and Chile's Salvador Allende shared was the misfortune of coming to power with a relatively large majority and an adamant refusal to surrender. While there is no evidence of U.S. involvement in the process, America and its allies in the European Union have refrained from calling what happened in Egypt a coup. Egypt – much like Chile – will likely return to the path of democracy, though after considerable time and effort, and a projected roadmap that will likely generate further economic hardship and instability.
  • Topic: Economics
  • Political Geography: Europe, Egypt, Chile
  • Author: Mehmet Ugur Ekinci
  • Publication Date: 02-2014
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: This article provides a general overview of Turkey's relations with the Western Balkans during the AK Party government. Although the Western Balkans has always been of primary interest for Turkey, the relations with this region had progressed only slowly and partially until the mid-2000s. From that time onwards, the convergence of a number of factors, including Turkey's economic progress, the AK Party's active foreign policy vision, the growth of civil society and the business sector, and favorable international political and economic conditions created new opportunities for Turkey in the Western Balkans. Consequently, the relations between Turkey and the Western Balkans has developed rapidly, especially in the economic and social spheres. Meanwhile, Turkey still has to deal with certain challenges and shortcomings for further deepening of these relations and their translation into political influence.
  • Topic: Foreign Policy, Cold War, Economics
  • Political Geography: Turkey, Balkans
  • Author: Selim Erbagci
  • Publication Date: 02-2014
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: Breakout Nations: In Pursuit of the Next Economic Miracles In the last decade, the world has witnessed an unprecedented development of many countries. The speed of this process has not only caused surprise but also has generated questions: How did these countries manage such significant improvements? Why have some other countries failed to reach a similar level of success during the same period? How long could this rapid development last? Ruchir Sharma answers these issues, explaining the common reason for rapid development during the last decade and also the country-specific internal dynamics behind the rapid development of countries such as China, India, Brazil, Turkey, Russia, Mexico, and South Korea. Finally, He also identifies the potential breakout nations for the next decade.
  • Topic: Development, Economics
  • Political Geography: Russia, China, Turkey, India, Brazil, Mexico
  • Author: Susannah Verney
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The Greek election of May 2012 failed to produce a government, resulting in repeat elections six weeks later. This shock outcome was a symptom of a broader delegitimation of the national political system. Over the past decade Eurobarometer data show a much more extensive loss of confidence in political institutions in Greece than in the European Union as a whole. In a first phase, rising political discontent was managed within the traditional political framework through alternation in power between the two major parties. In contrast, the second phase, following the outbreak of the Greek sovereign debt crisis, led to the dramatic fragmentation of the party system and changed the mode of government formation. This process is not reversible and entails serious democratic dangers.
  • Topic: Debt, Economics, Government
  • Political Geography: Europe, Greece
  • Author: Lorenzo Mosca
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The enduring economic crisis, austerity measures and corruption scandals have created a favourable environment for the advent of new political actors all over Europe. During the last general elections (February 2013), Italy was shocked by the inexorable rise of the Five Star Movement. Beppe Grillo's creature upset the political system, occupying portions of the public sphere that had been ignored (the web) or gradually abandoned by traditional political parties (the squares). Its unusual campaigning style, its internet-based organisational structure, its atypical political positioning (beyond left and right), and its oversimplification of complex problems all help to explain its electoral performance, and distinguish it from similar anti-establishment parties that have emerged in Europe over the past decade.
  • Topic: Corruption, Economics, Environment
  • Political Geography: Europe, Italy
  • Author: Daniel S. Hamilton
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The United States is currently negotiating two massive regional economic agreements, one with 11 Asian and Pacific Rim countries and the other with the 28-member European Union. The Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP) herald a substantial shift in US foreign economic policy as Washington turns its focus from the stalemated Doha Round of multilateral trade negotiations and scattered bilateral trade agreements to 'mega-regional' trade diplomacy. As the only party to both negotiations, Washington seeks to leverage issues in one to advance its interests in the other, while reinvigorating US global leadership.
  • Topic: Diplomacy, Economics
  • Political Geography: United States, Europe, Washington, Asia
  • Author: Gayane Novikova
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Connections
  • Institution: Partnership for Peace Consortium of Defense Academies and Security Studies Institutes
  • Abstract: Over the last five to six years we have witnessed dramatic changes in the international security environment-changes that have directly influenced developments in the South Caucasus. Among the most significant changes are the world economic crisis, the Arab awakening, and the turbulence and civil wars all over North Africa and the Middle East.
  • Topic: Development, Economics
  • Political Geography: Middle East, North Africa
  • Author: Richard M. Salsman
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: The Objective Standard
  • Institution: The Objective Standard
  • Abstract: Free Market Economics: An Introduction for the General Reader, by Steven Kates. Northampton, MA: Edward Elgar Publishing, 2011. 352 pp. $50 (paperback). Not since 1924 has there been a comprehensive yet readable book on economics aimed at the ordinary but intelligent citizen that defends and incorporates the field's foundational principle, Say's Law (named after Jean-Baptiste Say, 1767–1832) and its main corollaries: the primacy of production, the entrepreneur as prime mover, and prices as the commercial language that coordinates economies and their subsectors. Now we have such a book: Free Market Economics: An Introduction for the General Reader by Australian business economist Steven Kates. His prior books examined the prevalence of Say's Law among top economists during the pro-capitalist 19th century and its abandonment by most economists in the anti-capitalist 20th century. The handful of texts on economic principles since the 1920s that recognize the superiority of a free economy have been too technical, narrowly devoted to refuting economic fallacies, or tainted by dubious philosophy. This book avoids such flaws. Kates accomplishes what was last achieved by Oxford professor Henry Clay (1883–1945) in Economics: An Introduction for the General Reader (1924). Better still, Kates's book offers a modern, more sophisticated, more pro-capitalist treatment than did Clay's book, and it provides the ideas people need to grasp and refute the disastrous dogmas and policies of Keynesianism. At the core of this book is Say's Law, the principle that supply constitutes demand, that one cannot demand (or purchase) anything in any market without first producing an economic value for offer (or, in a monetary economy, without first earning spendable income by producing value). This principle recognizes that markets are made by the producers and that the most economically important producer of all is the entrepreneur, who specializes in soliciting and coordinating the other main factors of production: land (including raw materials), labor, capital, and financing. Say's Law condenses the truth that material prosperity is attained not by consuming (using up) wealth, but by saving, investing, and producing wealth. Unlike most textbooks today, Kates's says economics should explain wealth creation, or “net added value,” not how we ration “scarce resources.” Keynesianism, Kates explains, explicitly rejects Say's Law and asserts that a free market is prone to “failures” and crises, to excessive production, deficient consumption, and depressions; it further insists that government deficit spending, money printing, and near-zero interest rates can fix said market failures. Keynesian policies assume, contra Say's Law, that there can be an aggregate, economy-wide excess of abundance, or deficiency of aggregate demand. Say's Law holds that aggregate supply and aggregate demand are the same thing viewed from different perspectives and thus cannot be unequal; recessions entail reduced production and typically (but not always) are caused by government policies that are antithetical to production and profits. In contrast to Keynesianism, Say's Law, properly understood, tells economists (and citizens) to reject the contradictory claim that a contracting economy reflects an overexpanding economy, that somehow poverty is caused by prosperity, and it recommends the rejection or removal of any policies that impede or depress the incentive or capacity of entrepreneurs to create wealth or employ other factors of production. According to Kates, Say's Law “is the essence of market-based economics”; and “without the clarity that [it] brings, economic theory has lost its moorings and the irreplaceable value of leaving things to the market in directing economic activity cannot be understood” (p. 6). Yet, the classical, Say-based theory of the business cycle and public policy “has the ability to penetrate the darkness left by Keynesian theory in understanding the causes of recessions and the steps that are needed to bring recovery about” (p. 7). . . .
  • Topic: Economics, Government, Law
  • Political Geography: Australia
  • Author: Bayram Balci
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: Just after the end of the Soviet Union and the emergence of three independent states in the South Caucasus Turkey started to manifest a real interest for this region. Energy issue, which is the key issue in this Turkish policy since the beginning, is expected to remain the key priority for Turkey because of its growing economy. Ankara tries to have a balanced relations with the three South Caucasian countries, Azerbaijan, Georgia and Armenia, but for multiple reasons, Turkey's policy in the South Caucasus is still determined by its relations with Azerbaijan who is the best ally and economic partner for Ankara.
  • Topic: Economics
  • Political Geography: Turkey, Soviet Union, Georgia
  • Author: Scott Morrison
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: As the third largest economy in the world, Japan cannot be overlooked in any analysis of Asia's importance in international geopolitics and the global political economy. The ties between Japan and Turkey – whether diplomatic, political, economic or societal – span the breadth of Asia. Those ties have become more numerous and consequential in monetary terms over the last half-decade. Although the relationship has not been a top priority for either country, awareness of the potential for mutual gain as a result of more trade and investment has a history of at least three decades. This article surveys the current economic and trade relationship between Turkey and Japan, paying particular attention to recent notable Japanese investments in Turkey and the preliminary positioning of trade representatives in advance of a proposed Free Trade/Economic Partnership Agreement.
  • Topic: Economics, Political Economy
  • Political Geography: Japan, Turkey, Asia
  • Author: Gul Berna Ozcan
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Insight Turkey
  • Institution: SETA Foundation for Political, Economic and Social Research
  • Abstract: Sovereignty After Empire: Comparing the Middle East and Central Asia The demise of empires left a powerful and perplexing legacy for successor states in the Middle East and Central Asia. Sally Cummings and Raymond Hinnebusch set the scene for this fascinating collection of essays in the introduction, where they address the limits of the Westphalian state system and frame the sovereignty question in relation to the imported character of the state in former colonies. Empires were amorphous, whether as contiguous landforms or maritime empires. In contrast to modern nation-states with clearly demarcated boundaries as prerequisites for legitimacy, empires could devolve variable autonomies from the center without breaking up. Empires may adapt to nationalism and local challenges, but the nation-states that emerge are fragile. What is especially interesting about this volume is that the authors seek to explore continuities, ruptures and divergences. In stark contrast to those who suggest that the legacy of imperialism is no longer relevant, these essays focus on the understanding that comes from analyses of the imperial and colonial past.
  • Topic: Economics, Sovereignty
  • Political Geography: Central Asia, Middle East, Soviet Union
  • Author: Michael McDonald
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Dispatches: Guatemalan Migrants BY Michael Mcdonald Guatemalans returning home from the U.S. face unemployment, a maze of red tape—and social stigma. (slideshow available) Read a sidebar about voluntary return migration. Read a sidebar about the stigma that return migrants face. View a slideshow of return migrants in Guatemala below. Fidelino Gómez remembers fondly the years he spent in Iowa, where his middle child was born. Standing outside his one-room wood home in his native Guatemala, Gómez, 34, thumbs through pictures he took of the Mississippi River, snowy Midwest winters and gatherings with family and friends. He recalls easier times. “We lived well,” Gómez says under the searing sun. “We could feed our children, pay our bills, and we still had money left over.” From 2004 to 2008, Gómez and his wife María earned roughly $7 an hour working at Agriprocessors Inc., a slaughterhouse and meatpacking plant in Postville, Iowa. The money was more than they ever imagined as subsistence farmers back home. But the family's dream was cut short when United States immigration officials raided the plant in May 2008, arresting hundreds of undocumented Guatemalan workers and deporting them. Now, like more than 100 other families deported after the Postville raid, they struggle to eke out a living back in the economically depressed farming village San José Calderas, some 40 miles (64 km) west of Guatemala City. They grow corn and beans to feed their loved ones and do odd jobs, scraping by on the equivalent of between $15 and $30 per month.
  • Topic: Economics, Government
  • Political Geography: United States, Guatemala
  • Author: Robert A. Boland, Victor A. Matheson
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: The urgency and scale of hosting can provide a needed boost to public investment and transform a country's image, infrastructure and business conditions beyond the games. BY ROBERT A. BOLAND Do megasports events contribute to economic development? Yes Following the 2014 World Cup? Read more coverage here. In the next two years, Brazil will host the three largest mega sports events in the world: the 2014 FIFA World Cup this summer, and then the Summer Olympics and Paralympics in Rio in 2016. Other nations in the Americas and across the globe will be watching to see if Brazil's hosting duties lead to broad-based, lasting growth, or are merely an expensive distraction. While history provides examples of both scenarios, hosting such megaevents can provide lasting and transformative value, including to developing nations. Megaevents can accelerate the process of planning for and executing much-needed public investment, while the host countries or cities can rebrand themselves as safe for investment and trade, and as a destination for tourism. For democratic governments, the construction blitz around megaevents can cut through political deadlock, representing the best available chance to quickly bring about focused and necessary change. The ability to develop infrastructure that can improve the quality of life, health and economic strength of the host nation is key. Hosts with plans focusing on self-improvement, investment and the enlargement of existing assets tend to fare better than countries that simply build competition venues.
  • Topic: Development, Economics
  • Political Geography: America, Brazil
  • Author: Ted Piccone, Jim Swigert, Ariel Fiszbein
  • Publication Date: 04-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Cuban Revelations: Behind the Scenes in Havana by Marc Frank BY TED PICCONE Popular interest in Cuba will continue to grow as Americans open their eyes and ears to one key fact: after 55 years, Cuba is changing. It is shifting from a highly centralized, paternalistic, socialist regime, both lauded and vilified for achieving social progress at the cost of democracy and civil liberties, to a hybrid system in which individual initiative, decentralization and some forms of limited debate are encouraged. As the Castro brothers prepare to leave the scene, they are handing power to a more institutionalized Communist party that maintains tight political control even as it liberalizes the economy. Marc Frank's new book, Cuban Revelations: Behind the Scenes in Havana, expertly captures this evolving terrain. He provides a clear and compelling guide to the transition from Fidel to Raúl Castro after the demise of the Soviet Union. Frank, currently a freelance journalist for Thomson Reuters and the Financial Times, deploys his two decades in Cuba and his extensive network of colleagues, friends and family (he is married to a Cuban) to explain to both seasoned and amateur observers why Cuba's leaders are embarking on a new path. This is no easy assignment. Nearly everything about life in Cuba today is complicated by Cuba's outsized role during the Cold War, the trauma of exile and the opaque nature of its regime. Despite Cuba's controlled media environment, Frank managed to open doors to information not readily available to others, a testament to his intrepid reporting.
  • Topic: Economics, Governance
  • Political Geography: America, Soviet Union, Cuba
  • Author: Ayla Gurel, Laura Le Cornu
  • Publication Date: 06-2014
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The economic rationale for energy collaboration between Turkey, Cyprus and Israel is compelling. Cyprus and Israel need commercially viable export routes for their gas while Turkey is eager to diversify and increase its gas supplies. Hydrocarbon resources could potentially be a catalyst for both bringing about a Cyprus settlement and a Turkey-Israel rapprochement. A trilateral cooperation scheme involving a Turkey-Israel pipeline and an LNG plant in Cyprus could offer strong commercial incentives to all parties. But it would require bold political vision on the part of the region's leaders, coupled with backing from influential external actors with an interest in reconciliation and stability in the Eastern Mediterranean.
  • Topic: Economics
  • Political Geography: Turkey, Israel, Cyprus
  • Author: Mette Eilstrup-Sangiovanni
  • Publication Date: 06-2014
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: Fifteen years ago, the European Union (EU) launched a Common European Security and Defence Policy (CSDP). Since then, the CSDP has been the focus of a growing body of political and scholarly evaluations. While most commentators have acknowledged shortfalls in European military capabilities, many remain cautiously optimistic about the CSDP's future. This article uses economic alliance theory to explain why EU member states have failed, so far, to create a potent common defence policy and to evaluate the policy's future prospects. It demonstrates, through theoretical, case study-based and statistical analysis, that CSDP is more prone to collective action problems than relevant institutional alternatives, and concludes that the best option for Europeans is to refocus attention fully on cooperation within a NATO framework.
  • Topic: Security, NATO, Economics
  • Political Geography: Europe
  • Author: Kayhan Barzegar
  • Publication Date: 06-2014
  • Content Type: Journal Article
  • Journal: The Washington Quarterly
  • Institution: Center for Strategic and International Studies
  • Abstract: Since 2001, this Iranian scholar argues, Iran has sought to establish security and stability, while advancing regional cooperation in Afghanistan. The only way to manage conflict in the post-exit era is for the West to accept the legitimacy of increased regional cooperation, including Iran's involvement.
  • Topic: Foreign Policy, Economics
  • Political Geography: Afghanistan, Iran, Taliban
  • Author: Johanna Mendelson, Anthony Spanakos, Roger-Mark De Souza
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: Americas Quarterly
  • Institution: Council of the Americas
  • Abstract: Venezuela Before Chávez: Anatomy of an Economic Collapse by Ricardo Hausmann and Francisco R. Rodríguez BY ANTHONY SPANAKOS During the 1970s, Venezuela was the richest country in Latin America. With the region's highest growth rates and the lowest levels of inequality, it was also one of the most stable democracies in the Americas. But starting in the early 1980s, things fell apart. The nation endured three coup attempts and one presidential impeachment. Per capita growth plunged, and mass protests became the norm. What happened? Venezuela Before Chávez: Anatomy of an Economic Collapse, edited by Ricardo Hausmann and Francisco R. Rodríguez, offers some intriguing answers. Pointedly departing from much of the current research (and political discussion) on Venezuela, which focuses on the 14-year presidency (1999–2013) of late President Hugo Chávez, the editors have assembled a distinguished group of experts with the aim not only of exploring, as they put it, the “enigma” of Venezuela's pre-Chávez collapse, but to explain why some countries go through such turbulence. The unexpected outcomes in Venezuela are used by the authors to challenge hypotheses that rely on big data analysis to explain economic collapse. While the explanation behind Chávez' rise to power may draw attention, as Venezuela continues to be rocked by internal conflict following his death, it is the book's second aim that makes it stand out as an important work of scholarship.
  • Topic: Economics, Government
  • Political Geography: United States
  • Author: Raymond Mharapara, Lucky Bassie Bangidza, Steven Gwekwere
  • Publication Date: 06-2014
  • Content Type: Journal Article
  • Journal: AUSTRAL: Brazilian Journal of Strategy International Relations
  • Institution: International Strategic Studies Doctoral Program
  • Abstract: The world has become dependent on interdependence and globalization because the processes that promote worldwide exchanges of national and cultural resources are generating further interdependence of economic and cultural activities (Robertson 2000). Therefore, one can state that religion and culture are no longer only important ingredients of civilization , but potential causes of division and isolation. A good example is that only a few Muslim governments overtly supported Saddam Hussein, many Arab States privately cheered him on, and he was highly popular among large sections of Arab populaces. When invoking parallels and using them as strong rallying points, Muslims contrasted Western actions against Iraq with the West's failure to protect Bosnia against Serbs and also to impose sanctions on Israel for violating UN resolutions (Huntington 2006, 447). As a result, differences in power and struggles for military, economic and institutional power are now sources of conflict between the West and other civilisations. Consequently, it could be assumed that fundamental economic reforms give rise to necessary political transformation.
  • Topic: Economics
  • Political Geography: United States, Zimbabwe
  • Author: Craig Biddle
  • Publication Date: 08-2014
  • Content Type: Journal Article
  • Journal: The Objective Standard
  • Institution: The Objective Standard
  • Abstract: Welcome to the Fall 2014 issue of The Objective Standard.
  • Topic: Economics, Education
  • Author: Fahimeh Ghorbani, Hamid Ahmadi
  • Publication Date: 12-2014
  • Content Type: Journal Article
  • Journal: Iranian Review of Foreign Affairs
  • Institution: Center for Strategic Research
  • Abstract: What impact has the Syrian crisis had on Iran-Turkey political relations? Some analysts argue that divergence in Iranian and Turkish outlooks and roles played in the Syrian crisis have adversely affected their bilateral relationship. But the authors believe that in spite of the conflict in Iran's interests and Turkish policies towards Syria, their broader relations in other areas–security and economy-have prevented the rupture of political relations. In this regards, after the nature of the Syrian crisis is briefly described, Turkish foreign policy strategy in the Middle East will be explained. Then, Turkish-Syrian relations prior to the outbreak of the crisis will be analyzed followed by a discussion of Iranian and Turkish foreign policies towards the Syrian crisis and their impact on their mutual relations. The authors will conclude that although the Syrian political crisis has given rise to certain tensions and adverse consequences in their political relations, their bilateral ties have persisted as manifested in high-ranking diplomatic meetings between their political authorities and in ongoing deliberations on important regional issues.
  • Topic: Security, Economics, Politics, Bilateral Relations
  • Political Geography: Iran, Turkey, Syria
  • Author: Davood Kiani
  • Publication Date: 12-2014
  • Content Type: Journal Article
  • Journal: Iranian Review of Foreign Affairs
  • Institution: Center for Strategic Research
  • Abstract: One of the most important tools utilized by states to maximize their impact in foreign affairs is public diplomacy and to this extent, public diplomacy is considered a source of soft power. The robust use of public diplomacy can enhance and reinforce the soft power of countries. Central Asia is among the regions that have an ever increasing relevance to regional and international affairs in the aftermath of the collapse of the Soviet Union, and is currently considered a critical subsystem for our country. The foreign policy of the Islamic Republic of Iran towards this region is, on one hand, built on the foundation of converging factors in political, economic, and cultural arenas and looking towards opportunities for influence and cooperation. On the other hand, considering the divergent components, it also faces challenges and threats, the sum of which continues to effect the orientation of Iranian foreign policy towards the region. This article will study Iranian public diplomacy in this region and examine the opportunities and challenges, as well as, provide and proper model for a successful public diplomacy in the region of Central Asia, while taking into account the Islamic Republic of Iran's tools and potential.
  • Topic: Foreign Policy, Diplomacy, Economics, Islam, Politics, Culture
  • Political Geography: Iran, Central Asia