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  • Author: Sheng Zhang
  • Publication Date: 01-2014
  • Content Type: Policy Brief
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: The China-US bilateral investment treaty (BIT) negotiations have attracted attention due to the relative size and weight of both economies. Despite broad consensus about the importance of such a treaty, there is considerable debate about its shape and content. The debate is reflected in two recent Columbia FDI Perspectives. Donnelly argued that a China-US BIT should be modeled on the US Model BIT without "splitting the difference between Chinese and US positions", and that the possibility of meaningful BIT negotiations are "really up to China at this point".
  • Topic: Economics, Globalization, International Trade and Finance, Bilateral Relations, Foreign Direct Investment, Governance
  • Political Geography: United States, China, Europe, Colombia
  • Author: Antto Vihma, Harro van Asselt
  • Publication Date: 02-2014
  • Content Type: Policy Brief
  • Institution: Finnish Institute of International Affairs
  • Abstract: Notwithstanding the incremental steps taken in October 2013, meaningful action on regulating international aviation emissions through the International Civil Aviation Organisation (ICAO) remains a distant prospect. The European Union (EU) must decide on its aviation Directive without the guarantee of a global market-based mechanism being agreed in 2016. The strong and uncompromising positions of countries opposed to the inclusion of foreign airlines in the EU's emissions trading system (ETS) are more related to a realist game of politics rather than to the design details of the policy instrument. The political and legal arguments against the European Commission's proposal to amend the EU ETS vis à vis aviation emissions are unconvincing. Europe should also insist on its own sovereign rights-such as the right to regulate international aviation in its own airspace-and consider ways of manifesting more assertiveness in the future in order not to create a precedent with the retreat in the Aviation Directive case. Otherwise, the EU ma y become vulnerable to pressure in other areas of regulation with extraterritorial implications, and the EU's credibility when faced with strong and coordinated external influences might be undermined.
  • Topic: Climate Change, Health, Treaties and Agreements, Infrastructure
  • Political Geography: Europe
  • Author: Teija Tiilikainen
  • Publication Date: 02-2014
  • Content Type: Policy Brief
  • Institution: Finnish Institute of International Affairs
  • Abstract: Reforms made to the EU's economic and fiscal policies have served to reinforce the fragmentation of the division of competences between the EU and its member states in this field. It has also impacted the way in which these competences are exerted by the European and national institutions. Resulting from a differentiation of responsibilities between the eurozone countries and the rest of the EU, fragmentation is increasingly taking place even inside the EU institutions. The current fragmentation of competences and institutions complicates the democratic scrutiny of economic and fiscal policies. The biggest challenge is to accommodate the differentiated responsibilities of the eurozone countries and the rest of the EU within the framework of existing institutions in a w ay that would ensure the unity of this framework, but also the proper democratic anchoring of the EU's economic and fiscal powers.
  • Topic: Economics, Monetary Policy
  • Political Geography: Europe
  • Author: Ilaria Maselli, Miroslav Beblavý
  • Publication Date: 01-2014
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: There is a general consensus that to achieve employment growth, especially for vulnerable groups, it is not enough to kick-start economic growth. It is also essential to improve the s kills among both the high-and low-skilled population.
  • Topic: Economics, Migration, Science and Technology, Labor Issues
  • Political Geography: Europe, Somalia
  • Author: Ilaria Maselli, Miroslav Beblavý
  • Publication Date: 01-2014
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: Tackling the high and increasing unemployment rate ranks at the top of the EU policy agenda, especially with regard to young people. There is a general consensus that to achieve employment growth, especially for vulnerable groups, it is not enough to kick-start economic growth - skills among both the high-and low-skilled population also need to be improved. However, we need to move beyond simplified narratives and generic policies in order to better understand a much-debated and lamented phenomenon : the lack of graduates in subjects related to science, technology, engineering and mathematics (STEM).
  • Topic: Education, Science and Technology, Labor Issues
  • Political Geography: Europe
  • Author: Viral V. Acharya, Sascha Steffen
  • Publication Date: 01-2014
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: The eurozone is mired in a recession. In 2013, the GDP of all 17 eurozone countries fell by 0.5% and the outlook for 2014 shows considerable risks across the region. To stabilise the common currency area and its (partly insolvent) financial system, a eurozone banking union is being established. An important part of the banking union is the Single Supervisory Mechanism (SSM), which will transfer the oversight of Europe's largest banks to the European Central Bank (ECB). Before the ECB takes over this responsibility, it plans to conduct an Asset Quality Review (AQR) in 2014, which will identify the capital shortfalls of these banks.
  • Topic: Economics, International Trade and Finance, Regional Cooperation, Monetary Policy
  • Political Geography: Europe
  • Author: Steven Blockmans
  • Publication Date: 03-2014
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: Concerns about the deterioration of democracy in Turkey are not new: the trials over the 2003 „ Sledgehammer ‟ alleged coup plan (2010-12) and over the ‟ Ergenekon ‟ secret organisation (2008-13) broke the military‟s influence over politics, but were widely criticised because of their reliance on secret witnesses and disputes over evidence. Ironically, their outcome has recently been challenged by Prime Minister Erdoğan himself, who has disowned the trials now that the judiciary has the AK Party in its sights. International concern was also stirred by the violent crackdown on the countrywide protests of May/June 2013. Unrest then was triggered by the planned redevelopment of Istanbul‟s Gezi Park in May 2013, but developed into a wider movement critical of government corruption, increasing restrictions on freedom of speech and concerns about the erosion of secularism. Protests simmered on through September, winding down in autumn and winter only to reignite in March of this year.
  • Topic: Government, International Cooperation, Politics, Regional Cooperation, Reform
  • Political Geography: Europe, Turkey
  • Author: Jaïr van der Lijn, Jane Dundon
  • Publication Date: 02-2014
  • Content Type: Policy Brief
  • Institution: Stockholm International Peace Research Institute
  • Abstract: Over the past two decades, personnel contributions from European and North America countries to United Nations peacekeeping operations and to missions deployed in Africa have reduced significantly. This is partly explained by the common assumption in Western governments and security establishments that missions in Africa are more dangerous than missions in other regions of the world, and that contributing to UN peacekeeping operations is more risky than to those conducted by ad hoc coalitions or regional organizations such as the North Atlantic Treaty Organization (NATO).
  • Topic: Peacekeeping
  • Political Geography: Africa, Europe, North Atlantic, United Nations, North America
  • Author: Patryk Pawlak, Catherine Sheahan
  • Publication Date: 03-2014
  • Content Type: Policy Brief
  • Institution: European Union Institute for Security Studies
  • Abstract: The benefits of an open and accessible internet for growth and development have been acknowledged on numerous occasions. But as the potential of the digital economy for fostering innovation and creating new business opportunities grows, so too do the difficulties with protecting it. In February 2014, the European External Action Service presented the Friends of the Presidency on Cyber Issues with a Food for Thought Paper ('Further Strengthening European Cyber Diplomacy'). According to the document, 'the EU and its Member States should be in a position to present a coherent and comprehensive suite of policies which keep pace with the ever shifting international landscape, taking into account the strategic policy goals of other actors in the field'.
  • Topic: Regional Cooperation, Science and Technology, Terrorism
  • Political Geography: Europe
  • Author: Neil Robinson
  • Publication Date: 03-2014
  • Content Type: Policy Brief
  • Institution: European Union Institute for Security Studies
  • Abstract: The EU's cyber defence agenda provides an opportunity to ask questions about what the EU could do in terms of setting security priorities. Furthermore, as a possible area for cooperation, cyber defence shares with military air logistics the peculiarity of being a common capability which does not require explicit war-like conditions to demonstrate its utility. Indeed, the diversity and complexity of the threat environment – coupled with challenges of attribution – suggests the opposite: military cyber defence capabilities might offer better value for money in peacetime rather than in times of war.
  • Topic: Security, Defense Policy, Regional Cooperation, Science and Technology, Terrorism
  • Political Geography: Europe
  • Author: Nicu Popescu, Iana Dreyer
  • Publication Date: 03-2014
  • Content Type: Policy Brief
  • Institution: European Union Institute for Security Studies
  • Abstract: Long ignored by the West, the Eurasian Customs Union (consisting of Russia, Belarus and Kazakhstan) has recently been brought into the international limelight. The project – an attempt by the Kremlin to create a rival to the European Union and its Eastern Partnership project – attracted attention when Moscow, with its characteristic bluntness, began to pressure Armenia, Georgia, Moldova and Ukraine to join the grouping and drop their plans to sign Association Agreements with the EU. Although Russia has not succeeded in convincing all these states to join, it managed to do so with Armenia in September 2013, and the political tussle over the issue with Ukraine played a central role in triggering the country's current crisis.
  • Topic: Economics, International Political Economy, International Trade and Finance, Power Politics
  • Political Geography: Europe, Eurasia, Asia
  • Author: Daniel Fiott
  • Publication Date: 04-2014
  • Content Type: Policy Brief
  • Institution: European Union Institute for Security Studies
  • Abstract: While the crisis in Ukraine may contribute to a revision of defence expenditures in a number of European countries, the task of finding the right balance between cost-effective and strategicallyrelevant defence spending in Europe is still critical. As defence expenditure generally remains in decline across Europe, a range of innovative measures to ensure that defence budgets are spent more efficiently and effectively are being devised.
  • Topic: Defense Policy, Economics
  • Political Geography: Europe, Ukraine
  • Author: Rainer Geiger
  • Publication Date: 04-2014
  • Content Type: Policy Brief
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: Launched in July 2013 by the European Union and the United States, the Transatlantic Trade and Investment Partnership (TTIP) represents an important effort to reach a comprehensive economic agreement between two major trading partners. As has been pointed out, the project offers great opportunities for liberalizing trade and investment and regulatory convergence. Its level of ambition implies high risks, but despite negotiators' initial optimism, its success is far from certain. This Perspective focuses on the project's investment chapter, drawing lessons from the failed negotiations on a Multilateral Agreement on Investment (MAI), which was meant to consolidate the results of liberalization in the OECD area, establish new disciplines and introduce protection and dispute settlement.
  • Topic: Economics, International Trade and Finance, Treaties and Agreements
  • Political Geography: Europe, North America
  • Author: Janne Salminen, Päivi Leino
  • Publication Date: 05-2014
  • Content Type: Policy Brief
  • Institution: Finnish Institute of International Affairs
  • Abstract: The actual need for Treaty amendments is open to interpretation, for example in relation to the inclusion of the recent euro crisis-related international agreements in EU law. These questions are partly political in nature, and linked to the wider legitimacy of the EU and the integrity and clarity of its legal system. The full realization of the Commission's vision for the future of the EMU would require Treaty changes in order to revise the nature of competence in the area of economic policy and the general framework of cooperation. The recent discussion on the euro crisis measures has demonstrated that many member states have constitutional 'red lines' relating, for example, to the exercise of budgetary powers or sovereignty. It seems unlikely that these hurdles will be overcome in the short term.
  • Topic: Economics, International Trade and Finance, Financial Crisis
  • Political Geography: Europe
  • Author: Eneko Landaburu
  • Publication Date: 03-2014
  • Content Type: Policy Brief
  • Institution: EGMONT - The Royal Institute for International Relations
  • Abstract: Despite the hopes raised by the most recent Treaties, the Lisbon Treaty in particular, the European Union has been unable to strengthen, let alone develop its role on the international stage. A couple of weeks away from the European Parliament elections, we need to ask ourselves what can reasonably be done by the upcoming Parliament to ensure that significant progress is made with respect to the EU's foreign policy.
  • Topic: Security, Foreign Policy, International Trade and Finance, Regional Cooperation, Reform
  • Political Geography: Europe
  • Author: Philippe de Schoutheete
  • Publication Date: 02-2014
  • Content Type: Policy Brief
  • Institution: EGMONT - The Royal Institute for International Relations
  • Abstract: This Policy Brief discusses the potential reforms of the EU institutions that can take place during the 2014 - 2019 legislative term. It argues that negotiations on Treaty change are a possibility, but they should only start in the second part of the legislature. In the meantime, several institutional reforms that can improve the functioning of the EU – and hence increase its legitimacy – should already be considered.
  • Topic: Regional Cooperation, Treaties and Agreements, Governance, Reform
  • Political Geography: Europe
  • Author: Xavier Vanden Bosch
  • Publication Date: 03-2014
  • Content Type: Policy Brief
  • Institution: EGMONT - The Royal Institute for International Relations
  • Abstract: In recent years much has been accomplished to make the EMU more resilient to banking crises, sovereign-debt crises or balance-of-payment crises. Several 'backstops' or financial safety nets were progressively put in place to absorb the shocks that could have otherwise broken the EMU as a system. These substantial advances reflected a gradual, trial-and-error approach rather than a grand design that would have completely overhauled the EMU architecture. While flexibility and realism have advantages, complacency is a clear risk. With no roadmap to follow, efforts to complete the architecture of the EMU may fade with time. Maintaining a sense of direction is crucial while potential vulnerabilities remain.
  • Topic: Economics, International Trade and Finance, Financial Crisis
  • Political Geography: Europe
  • Author: Frank Vandenbroucke
  • Publication Date: 03-2014
  • Content Type: Policy Brief
  • Institution: EGMONT - The Royal Institute for International Relations
  • Abstract: This Policy Brief discusses the notion of a 'European Social Union', in which European countries would cooperate with an explicit social purpose. A European Social Union should not be seen as an idealistic bridge too far. Instead, a Social Union is both desirable and necessary for the eurozone and wider European integration.
  • Topic: Regional Cooperation, Reform
  • Political Geography: Europe
  • Author: Corinne Balleix
  • Publication Date: 03-2014
  • Content Type: Policy Brief
  • Institution: EGMONT - The Royal Institute for International Relations
  • Abstract: Solidarity is a founding principle of the European migration policy. To hold true, Member States must be faithful to their common commitment to European migration rules and implement fair burden sharing of the costs attached to border controls. However, solidarity among Member States appears altogether fragile and under threat, a situation that could jeopardise the founding principle of the free movement of persons in the European Union's space. The recent solidarity crisis among Member States was solved by an increased externalisation of the European migration policy. Consequently, for the EU to live up to its values, it will have to prove itself generous towards third countries.
  • Topic: Migration, Third World, Border Control
  • Political Geography: Europe
  • Author: Michel Theys
  • Publication Date: 03-2014
  • Content Type: Policy Brief
  • Institution: EGMONT - The Royal Institute for International Relations
  • Abstract: In the City, the citizen is king. At least theoretically. In the European City currently being built around twenty eight national democracies, the citizen will soon be called upon, in May, to democratically elect his or her representative in the European Parliament for the next five years. Since the very first election of Members of the European Parliament by direct universal suffrage in 1979, spectacular progress has been made by the "European Economic Community" that we now all know as the European Union. And the powers vested in citizen representatives are equally impressive. But there is a real possibility that European citizens will turn their backs on the upcoming European elections like never before. Why?
  • Topic: Civil Society, Politics, Political Theory
  • Political Geography: Europe