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2. Let Bygones Be Bygones: The Case for India's Inclusion in APEC
- Author:
- Kevin Carmichael
- Publication Date:
- 11-2014
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- Canadian Prime Minister Stephen Harper will miss the 2014 Beijing APEC summit. His former spokesman says it does not matter. "[I]t's safe to say that Canada won't lose out by skipping this particular summit, at this particular time, for this particular reason," Andrew McDougall (2014) wrote in an opinion article posted on the Canadian Broadcasting Corporation's (CBC's) website on November. In early October, a US State Department official told an audience in Washington, DC that Beijing was shaping up to be a "good" summit, in part because US President Barack Obama was planning to attend after missing the previous two APEC leaders' meetings (Wang 2014).
- Topic:
- Economics and Regional Cooperation
- Political Geography:
- United States, India, and Asia
3. The 2014 Survey of Progress in International Economic Governance
- Author:
- Domenico Lombardi, Barry Carin, and David Kempthorne
- Publication Date:
- 11-2014
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- The annual CIGI Survey of Progress in International Economic Governance assesses progress in four dimensions of international economic governance: macroeconomic and financial cooperation; cooperation on financial regulation; cooperation on trade; and cooperation on climate change. Governance related to these dimensions is scored on the following progress scale: 0%-19% represents "major regression"; 20%-39% represents "some regression"; 40%-59% indicates "minimal progress"; 60%-79% characterizes progress; and 80%-100% represents "major progress." Recognizing the difficulty of making objective judgments given the complexity of the issues, the results are offered as a range of subjective opinions from CIGI experts with diverse backgrounds.
- Topic:
- Climate Change, Economics, International Cooperation, International Trade and Finance, and Governance
- Political Geography:
- United States and Europe
4. Changing the Channel: Cultivating Security Cooperation in Northeast Asia
- Author:
- Alex Brouse and Dustin McDonald
- Publication Date:
- 11-2014
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- High tensions in Northeast Asia are cause for considerable alarm. Of particular concern for the maintenance of global security are the disputes over Senkaku/Diaoyu and Dokdo/Takeshima islands. Strong grievances rooted in history and rising nationalistic sentiment in China, South Korea and Japan have made the positions of the respective parties currently irreconcilable. The tension surrounding the issue of territorial control, particularly between China and Japan, has the potential to spark a military confrontation. Due to a lack of empathy and the propensity to overestimate threats from neighbours, the region is especially volatile. Public commitments by US President Barack Obama in support of the US-Japan Mutual Security Treaty could ensure that any military confrontation between China and Japan might quickly escalate and draw the United States into direct conflict with China. In order to improve empathy, a concerted effort must be made to change the channel and work on issues where interests do align. Nowhere do the interests of China, South Korea, Japan and the United States align more than on the issue of North Korean denuclearization. By working together on an issue of mutual concern, these four countries can counter the rapid erosion of trust. By cultivating a cooperative attitude, tensions can be lowered, increasing the prospects for peaceful management of current acute disputes.
- Topic:
- Conflict Prevention, Arms Control and Proliferation, Diplomacy, and Peacekeeping
- Political Geography:
- United States, Japan, China, and South Korea
5. Power Shift and Renminbi Internationalization: Recommendations for the G20
- Author:
- Raluca Diana Ardelean and Mengun Zhang
- Publication Date:
- 07-2014
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- China has gained substantial economic power in recent years, becoming the second-largest trading nation after the United States and the largest goods-trading nation since 2012 (Eichengreen 2014). It is also currently the largest source of savings and the largest potential source of capital for international investment (ibid.). Measured by GDP, China is now the second-largest economy in the world (see Figure 1), and the World Bank surmises it is likely to surpass the United States in 2014 (World Bank 2014). Because of China's growing economic importance, a shift in power is reasonably assumed. As its economic power grows, internationalization of the RMB has become a key policy goal for China, especially after the 2008 financial crisis (Zhang 2009; Park 2010; China Securities Regulatory Commission [CSRC] 2014). This goal demonstrates China's desire for better integration and representation in the international economic community and signals its willingness to perform internal financial reforms and take more responsibility in global economic affairs.
- Topic:
- Economics, International Trade and Finance, and Monetary Policy
- Political Geography:
- United States, China, and Asia
6. The Northwest Territories and Arctic Maritime Development in the Beaufort Area
- Author:
- John Higginbotham and Marina Grosu
- Publication Date:
- 05-2014
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- The Arctic is facing remarkable climatic and oceanic change that is triggering unprecedented opportunities and challenges for Arctic nations, as well as for countries that do not have Arctic territory but are eager to engage and invest in the region. For Canada and the United States, the Beaufort basin offers unique opportunities for Alaska and Canada's Arctic territories.
- Topic:
- Economics, International Trade and Finance, and Bilateral Relations
- Political Geography:
- United States, Canada, North America, and Arctic