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6751. From London to L'Aquila: Building a Bridge between the G20 and the G8

Author:
Paola Subacchi and Eric Helleiner
Publication Date:
06-2009
Content Type:
Policy Brief
Institution:
Centre for International Governance Innovation
Abstract:
From many perspectives, the London Summit of the G20 leaders at the beginning of April 2009 was a success – and a hard act to follow. The discussion was framed around crisis resolution and the strengthening of the international financial architecture. Beyond any concrete achievement, the success of the London Summit is that it morphed into an ongoing process with a rolling agenda, rather than remaining a one-off event. Undoubtedly the Italian Presidency of the G8 has a hard task, being caught between the success of London and the decreasing relevance of the G8. But there is also scope for building a meaningful bridge between London and the G8 meeting in L'Aquila in July 2009, and continuing and strengthening the economic governance reform process. There is an urgent need to continue to push for progress on a number of key items that were not adequately addressed at the London Summit and where progress can be made in L'Aquila – fostering clarity for the G20 agenda for the next meeting in Pittsburgh in September 2009. With regard, in particular, to the reform of the International Monetary Fund, the Italian Presidency should use its G8 chair to initiate a dialogue on reform of the European representation, taking advantage of having all the key players gathered together in L'Aquila.
Topic:
Economics, International Cooperation, International Trade and Finance, Treaties and Agreements, and International Monetary Fund
Political Geography:
Europe, London, and Italy

6752. The Summitry of Small States: Towards the "Caribbean Summit"

Author:
Andrew F. Cooper and Timothy M. Shaw
Publication Date:
04-2009
Content Type:
Policy Brief
Institution:
Centre for International Governance Innovation
Abstract:
Each Summit of the Americas forum has been accorded a single imprint. The 1994 Miami summit is remembered as the “Trade Summit,” the 1998 Santiago summit as the “Education Summit,” the 2001 Quebec City Summit as the “Democratic Summit,” and the 2005 Mar del Plata in Argentina—although officially focused on the themes of “Creating Jobs to Fight Poverty and Strengthen Democratic Governance”—is best remembered as the “Summit of Disorder.” The Fifth Summit of the Americas, April 17 – 19, 2009, presents an opportunity to identify the event with a regional sub-set of the Americas: the Caribbean. The host country, Trinidad and Tobago, is the first Caribbean country to host the event and, with a population of only 1.3 million, is the smallest state ever to host “such a logistically complicated and politically sensitive gathering” (Erikson, 2009: 179). Relegated to a marginal position in the first four summits, the Caribbean now moves to centre stage in 2009.
Topic:
International Relations and Diplomacy
Political Geography:
Argentina, Latin America, Caribbean, Miami, Santiago, Quebec City, Mar del Plata, and Trinidad and Tobago

6753. Insurance Regulation in the United States and the European Union: A Comparison

Author:
Martin Eling, Robert W. Klein, and Joan T. Schmit
Publication Date:
11-2009
Content Type:
Policy Brief
Institution:
Independent Institute
Abstract:
In this paper we compare insurance regulatory frameworks in the United States (US) and European Union (EU), focusing primarily on solvency, but also considering product and price regulation, as well as other elements of consumer protection. This comparison highlights the use of more fluid and principles-based approaches in the EU as it is developing under Solvency II, while the US continues to focus essentially on static, rules-based regulation. The discussion further notes evidence suggesting that the EU approach is more successful in promoting a financially solid insurance sector.
Topic:
Government and Political Economy
Political Geography:
United States and Europe

6754. Attitudes and Perceptions of Prospective International Students from India

Publication Date:
12-2009
Content Type:
Policy Brief
Institution:
Institute of International Education (IIE)
Abstract:
India is currently the top place of origin international students studying at U.S. colleges and universities. Over the past decade, the number of Indian students in the U.S. has increased more than 175 percent, from just under 37,500 students in 1998/99 to over 103,000 in 2008/09. India has, in fact, been the leading place of origin since 2001/02, when it surpassed China. Since 2007/08, students from India have comprised over 15% of all international students in the United States.
Topic:
Education
Political Geography:
United States, China, and India

6755. The Global Economic Crisis and Its Implications for Asian Economic Cooperation

Author:
Michael G. Plummer
Publication Date:
10-2009
Content Type:
Policy Brief
Institution:
East-West Center
Abstract:
The economic crisis of 2008–09 is the second major crisis in just over a decade that Asia has endured. Unlike the Asian crisis of 1997–98, however, the current crisis originated mainly in the West. Asia's excessive reliance on net exports as the principal driver of economic growth since the 1997–98 crisis rendered it especially vulnerable to external shocks, and most Asian countries have paid dearly. The more open the economy, the more vulnerable it is to such shocks. The newly industrialized Asian economies (Singapore, Hong Kong, South Korea, and Taiwan), which are among the most open and dynamic in the world, are expected to contract by about 6 percent in 2009.
Topic:
Emerging Markets, International Trade and Finance, Regional Cooperation, Global Recession, and Financial Crisis
Political Geography:
Taiwan, Asia, South Korea, Singapore, and Hong Kong

6756. A New Geography of Knowledge in the Electronics Industry? Asia\'s Role in Global Innovation Networks

Author:
Dieter Ernst
Publication Date:
08-2009
Content Type:
Policy Brief
Institution:
East-West Center
Abstract:
Political debates about globalization are focused on offshore outsourcing of manufacturing and services. But these debates neglect an important change in the geography of knowledge––the emergence of global innovation networks (GINs) that integrate dispersed engineering, product development, and research activities across geographic borders.
Topic:
Emerging Markets, Globalization, Industrial Policy, International Trade and Finance, and Science and Technology
Political Geography:
Asia

6757. The State Strikes Back: India and the Naga Insurgency

Author:
Charles Chasie and Sanjoy Hazarika
Publication Date:
02-2009
Content Type:
Policy Brief
Institution:
East-West Center
Abstract:
In the first decade after India declared independence in 1947, the Indian state faced numerous challenges to its very existence and legitimacy. These ranged from a war with Pakistan over the state of Jammu and Kashmir immediately after independence, an issue that continues to challenge policy makers in both countries, to the first armed uprising in the country in Telengana led by Communists in what is today the state of Andhra Pradesh.
Topic:
Security, Political Violence, Armed Struggle, and Counterinsurgency
Political Geography:
Pakistan, South Asia, India, Kashmir, and Andhra Pradesh

6758. Ethno-Diplomacy: The Uyghur Hitch in Sino-Turkish Relations

Author:
Yitzhak Shichor
Publication Date:
01-2009
Content Type:
Policy Brief
Institution:
East-West Center
Abstract:
Beginning in 1949, China considered, and dealt with, so-called Uyghur separatism and the quest for Eastern Turkestan (Xinjiang) independence as a domestic problem. Since the early 1990s, however, Beijing has begun to recognize the international aspects of this problem and to deal with its external manifestations. This new policy has affected China's relations with Turkey, which has ideologically inspired Uyghur nationalism, offered sanctuary to Uyghur refugees, and provided moral and material support to Eastern Turkestan movements, organizations, and activities.
Topic:
International Relations, Diplomacy, Ethnic Conflict, and Minorities
Political Geography:
China, Central Asia, and Turkey

6759. Perspectives on Better Global Economic Governance

Author:
Kemal Derviş
Publication Date:
03-2009
Content Type:
Policy Brief
Institution:
Global Political Trends Center (GPoT)
Abstract:
This Note focuses on the relationship between L-20 ( L for Leaders) or G-20 type meetings and more formal reforms , particularly of the IMF. It should NOT be read as a proposed agenda for the April meeting of the L-20+, but as an input into the agenda of global reform that constitutes the context of the London and other international meetings. I do believe that given the massive and immediate threat posed by the unfolding worldwide economic crisis, the April meeting should focus on (i) the global size and coordination of the fiscal stimulus and macroeconomic policies worldwide (ii) immediate coordination as needed in the dramatic actions required with regard to the banking system in many major economies and, (iii) financial support to the developing countries experiencing a massive decline in export revenues, capital flows and remittances. The London meeting will be the first and very important start of a series of meetings in 2009, including the Spring and Fall meetings of the IMF/World Bank, which constitute an opportunity to build a global economic governance system that can manage the recovery from the current crisis, build globally coordinated financial sector regulation and reflect the realities of the 21st century.
Political Geography:
London

6760. After the European Parliament Elections: The Achilles Heel of the Democracy

Author:
Menekşe Tokyay
Publication Date:
06-2009
Content Type:
Policy Brief
Institution:
Global Political Trends Center (GPoT)
Abstract:
Elections to the European Parliament, considered as the biggest trans-national elections in history, were held in the 27 member states of the European Union (EU) between 4 and 7 June 2009. The European Parliament is the only EU institution directly elected on a European mandate.
Political Geography:
Turkey and France

6761. Some Recommendations Following the Gaza Operation and the Israeli Elections

Author:
Bora Bayraktar and Can Yirik
Publication Date:
03-2009
Content Type:
Policy Brief
Institution:
Global Political Trends Center (GPoT)
Abstract:
The crisis that started with Hamas winning the Palestinian Authority (PA) elections in January of 2006 seems to have entered a new stage with the start of 2009. Israel, which provides the occupied PA with the bulk of its economic resources, the US and the EU classifying Hamas as a terrorist organization and the resulting 3 year long economic siege and blockade, and the Israeli operation that started on the 27th of December and lasted for 22 days have all made the humanitarian situation in this region unbearable.
Topic:
Disaster Relief, Humanitarian Aid, and Terrorism
Political Geography:
United States, Europe, and Israel

6762. Iran, the Bomb and Turkey

Author:
Yalım Eralp
Publication Date:
10-2009
Content Type:
Policy Brief
Institution:
Global Political Trends Center (GPoT)
Abstract:
The question of Iran “ going nuclear” is of global concern. Iran has up to now used devious methods to violate the Non-Proliferation Treaty and has indeed misled the world community. The Obama Administration is concerned about these developments as much as the previous Bush Administration was. However, President Obama's approach to nuclear weapons in general and talks with Iran have been different both in essence and form. Another matter of concern has been the attitude of Israel and the manner in which the US has tried to handle the Israeli dossier towards Iran. The October 1st negotiations with Iran have been considered constructive by the West. These negotiations will take time and probably prove to be difficult. Turkey's attitude towards a “nuclear” Iran seems to be ambivalent in recent times, whereby while Turkey does not want a nuclear Iran, it seems to be pointing a finger to nuclear Israel.
Topic:
Nuclear Weapons
Political Geography:
Iran, Turkey, and Israel

6763. The Kurdish Question: The process and the grave mistakes by the Governments

Author:
Yalım Eralp
Publication Date:
10-2009
Content Type:
Policy Brief
Institution:
Global Political Trends Center (GPoT)
Abstract:
For many years successive governments in Turkey have ignored an even denied the existence of Kurds in Turkey. What would have been possible in the past by recognizing cultural rights has now been a problem whereby an operation seems to be needed. Two common and important mistakes of governments: one is to say Kurds are primary citizens of this country as if there are secondary citizens! The second is “end the terror and we will recognize some rights”. Basic rights cannot be negotiated. This second mistake has led Öcalan to announce his own road map paralel to the Governments. Negotiating with hostile entities is very difficult and needs public consensus. Turkey, unlike Britain and Spain does not have public consensus. The best way was and is to follow EU's democratisation road map.
Topic:
Government
Political Geography:
Europe, Turkey, and Kurdistan

6764. President Obama's Speech in Cairo: A new climate of hope on the world scene

Author:
Ozdem Sanberk
Publication Date:
03-2009
Content Type:
Policy Brief
Institution:
Global Political Trends Center (GPoT)
Abstract:
Will President Obama's speech in Cairo prove to have been a historic turning point in relations between the Islamic world and the United States? There is no doubt that the President himself sincerely intended it to be. And it is easy to see why. The antagonism between the USA and substantial sections of world Muslim opinion, particularly in the Arab Middle East and Iran, is one of the biggest challenges faced by US foreign policy, a clear threat to world peace. But can things change while the USA is closely aligned with Israel? How ?
Political Geography:
United States and Middle East

6765. Suing for Sovereignty: Property, Territory, and the EU's Cyprus Problem

Author:
Rebecca Bryant and Mete Hatay
Publication Date:
06-2009
Content Type:
Policy Brief
Institution:
Global Political Trends Center (GPoT)
Abstract:
This article explores the actual and potential effects of recent European legal judgments on ongoing reunification negotiations in Cyprus. In particular, we argue that the European Union's failure to formulate a policy regarding the position of Turkish Cypriots in Europe has had increasingly negative consequences both for negotiations between the island's leaders and for relations between the Turkish Cypriot and Greek Cypriot communities. The EU has chosen to ignore the suspension of constitutional order in the Republic of Cyprus, in the process refusing to acknowledge the legal and political effects of the RoC's EU entry on Turkish Cypriots. We use a recent European Court of Justice judgment to illustrate the substantive effects of this hands-off approach, showing how the political use of transnational courts threatens to undermine what many have called the island's “last chance” at reunification.
Political Geography:
Turkey and Cyprus

6766. Turkiye

Author:
Menekşe Tokyay
Publication Date:
06-2009
Content Type:
Policy Brief
Institution:
Global Political Trends Center (GPoT)
Abstract:
The relations between Turkey and the European Union, which have reached a unique level of harmonization and integration since the start of accession negotiations on 3 October 2005, has become one of the most important anchors for Turkish foreign policy. The accession negotiations towards full membership to the EU are still continuing despite a number of difficulties and delays. This Policy Brief aims to make an analysis of current developments regarding the accession process. It also intends to make some predictions about future prospects related to the EU-Turkey relations.
Political Geography:
Turkey

6767. The United Nations Security Council and Turkey

Author:
Yalım Eralp
Publication Date:
01-2009
Content Type:
Policy Brief
Institution:
Global Political Trends Center (GPoT)
Abstract:
Turkey became a non permanent member of the UN Security Council as of January 1, 2009. The Brief deals with the important functions of the Council and the election campaign which a candidate country to the Council may sometimes have to run. Five Security Council resolutions which have to various degrees changed the course of events are explained. More than that, the writer tries to portray the behind the scenes activities of the resolutions. Finally, by defining the atmosphere of the Council, the writer tries to give advice on what Turkey, as a non permanent member, should do and in particular the qualities which the Permanent Representative should possess.
Topic:
United Nations
Political Geography:
Turkey

6768. A Vision for the Centennial of Our Republic

Author:
Şadi Ergüvenç
Publication Date:
05-2009
Content Type:
Policy Brief
Institution:
Global Political Trends Center (GPoT)
Abstract:
There are now less than fifteen years left before we celebrate the centennial of the Republic of Turkey. Taking into consideration the fact that we, the humans, managed to squeeze into the last century two or three world wars and worn out several ideologies, even raising the Earth's temperature whilst exhausting its natural resources, no doubt we will be living in a much different world than the present one, in fifteen years from now... Moreover, the pace of change has increased such that it is incomparable with that of the past and the possibility of unforeseen technological and societal change has dramatically improved. The way the latest financial crisis erupted is the manifestation of such a potential. Since no one yet can predict the eventual outcome of the crises that suddenly shook the financial markets and economies like an earthquake, an attempt to foresee the first quarter of the 21st century might seem like a futile effort.
Topic:
Natural Resources and Financial Crisis
Political Geography:
Turkey

6769. What is a Nation?

Author:
Ingmar Karlsson
Publication Date:
03-2009
Content Type:
Policy Brief
Institution:
Global Political Trends Center (GPoT)
Abstract:
The article analyzes what do terms such as nation and nationalism mean in the current age. The author provides the reader with an extensive historical background of the topic. He explains the relevant notions from the perspective of various philosophical approaches. The possibility of emergence of a European nation and the challenges waiting on the way to common European identity, are addresses, as well.
Topic:
Nationalism
Political Geography:
Europe

6770. Enhancing Enforcement on Poaching of Turtles by Foreign Fishing Vessels: The Way Forward for Malaysia

Author:
Cheryl Rita Kaur
Publication Date:
12-2009
Content Type:
Policy Brief
Institution:
Maritime Institute of Malaysia
Abstract:
Turtles are vital for the health of the marine and coastal ecosystems. Where green turtles graze on seagrass and algae, the sea bottom habitat is healthier and more productive, hence commercially important species such as shrimps, lobster, and fish thrive. This translates to better sea harvest, boosting the income of the fishing industry. Besides that, by depositing their eggs on the shore, turtles transport vital nutrients from the ocean to nutrient-poor coastal and inshore areas.
Topic:
Environment, International Trade and Finance, Maritime Commerce, and Natural Resources
Political Geography:
Malaysia and Southeast Asia

6771. Ship Recycling Convention 2009

Author:
Capt. Rakish Suppiah
Publication Date:
11-2009
Content Type:
Policy Brief
Institution:
Maritime Institute of Malaysia
Abstract:
The new convention on recycling of ships will provide regulations for the design , construction, operation and preparation of ships so as to facilitate safe and environmentally sound recycling , without comprising the safety and operational efficiency of ships.
Topic:
Industrial Policy, International Trade and Finance, and Maritime Commerce
Political Geography:
Southeast Asia

6772. Hunt, Board and Pay: The future of the Marine War Risk Policy to cover the acts of piracy

Author:
Capt. Rakish Suppiah
Publication Date:
11-2009
Content Type:
Policy Brief
Institution:
Maritime Institute of Malaysia
Abstract:
A contract of insurance must impose an obligation upon the insurer to indemnify the assured in the event of a loss from an insured risk provided that other contractual provisions have been fulfilled. In other words, there must be a legally enforceable agreement in order to properly refer to it as a 'contract'. Accepting that the contract between a member and his club is a contract of insurance, a further issue to consider is whether the contract of insurance amounts to a contract of marine insurance.
Topic:
International Trade and Finance, War, Maritime Commerce, and Law
Political Geography:
Southeast Asia

6773. National Single Window: Towards More Efficient Trade And Greater Trade Volumes

Author:
Nazery Khalid
Publication Date:
10-2009
Content Type:
Policy Brief
Institution:
Maritime Institute of Malaysia
Abstract:
The implementation of National Single Window (NSW) as an electronic trade platform augurs well with Malaysia\'s intention to provide the infrastructures and processes to facilitate more efficient trade and generate bigger trade volumes. This commentary argues in favour of conducting trade in an online environment using this platform to enhance the efficiency of the trade supply chain and to increase Malaysia\'s trade competitiveness. It also provides several recommendations to ensure smooth and successful implementation of the NSW.
Topic:
International Trade and Finance, Maritime Commerce, and Infrastructure
Political Geography:
Malaysia and Southeast Asia

6774. A Bridge Too Far? An Analysis Of The Proposed Bridge Across The Straits Of Malacca From A Maritime Perspective

Author:
Nazery Khalid, Ibrahim Hj Mohamed, and Rakish Suppiah
Publication Date:
10-2009
Content Type:
Policy Brief
Institution:
Maritime Institute of Malaysia
Abstract:
The proposal to build a bridge across the Straits o f Malacca will have significant impacts on the shipping, environment and trade dynamics in the sea lane. This commentary discusses the potential repercussions of this megaproject from th e maritime perspective.
Topic:
Development, Environment, International Trade and Finance, Maritime Commerce, and Infrastructure
Political Geography:
Southeast Asia

6775. Ship Financing: Surviving The Stress Test

Author:
Nazery Khalid
Publication Date:
09-2009
Content Type:
Policy Brief
Institution:
Maritime Institute of Malaysia
Abstract:
The Wall Street meltdown has had a massive domino effect on major industries worldwide. The ensuing financial crisis cuts deep and wide across the global economy. It has clipped the wings of growth of many business activities and industry.
Topic:
Economics, International Trade and Finance, Maritime Commerce, and Financial Crisis
Political Geography:
Malaysia

6776. Diversification of Higher Education Worldwide: Typologies Definitions in Global Mobility

Author:
Rajika Bhandari
Publication Date:
05-2009
Content Type:
Policy Brief
Institution:
Institute of International Education (IIE)
Abstract:
IIE publishes data annually in Open Doors, with support from the US Department of State. 57 years of trend data on international students and scholars on U.S. campuses and on over 20 years of US students abroad.
Topic:
Foreign Policy, Markets, and Migration
Political Geography:
United States

6777. Shifting Trends in Global Student Mobility: Who is Going Where?

Author:
Rajika Bhandari
Publication Date:
05-2009
Content Type:
Policy Brief
Institution:
Institute of International Education (IIE)
Abstract:
Worldwide, there were over 2.9 million international students in 2006, a3% increase over the previous year. By 2025, almost 8 million students are projected to be studying outside their home country.
Topic:
Markets, Migration, and International Affairs
Political Geography:
United States

6778. The Economic Impact of International Students from a Cross-National Perspective

Author:
Robert Gutierrez, Patricia Chow, Jason Baumgartner, and Yuriko Sato
Publication Date:
05-2009
Content Type:
Policy Brief
Institution:
Institute of International Education (IIE)
Abstract:
IIE Open Doors Data on U.S. International Educational Exchange. Project Atlas: Global Student Mobility. International Student Economic Impact in the U.S. Comparison of International Student Economic Impact in USA, Japan and Australia.
Topic:
Foreign Policy, Economics, Markets, and Migration
Political Geography:
United States, Japan, China, Asia, California, Australia, and Texas

6779. Massachusetts Miracle or Massachusetts Miserable: What the Failure of the "Massachusetts Model" Tells Us about Health Care Reform

Author:
Michael Tanner
Publication Date:
06-2009
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
When Massachusetts passed its pioneering health care reforms in 2006, critics warned that they would result in a slow but steady spiral downward toward a government-run health care system. Three years later, those predictions appear to be coming true: Although the state has reduced the number of residents without health insurance, 200,000people remain uninsured. Moreover, the increase in the number of insured is primarily due to the state's generous subsidies, not the celebrated individual mandate. Health care costs continue to rise much faster than the national average. Since 2006, total state health care spending has increased by28 percent. Insurance premiums have increased by 8–10 percent per year, nearly double the national average. New regulations and bureaucracy are limiting consumer choice and adding to healthcare costs. Program costs have skyrocketed. Despite tax increases, the program faces huge deficits. The state is considering caps on insurance premiums, cuts in reimbursements to providers, and even the possibility of a “global budget” on health care spending—with its attendant rationing. A shortage of providers, combined with increased demand, is increasing waiting times to see a physician. With the “Massachusetts model” frequently cited as a blueprint for health care reform, it is important to recognize that giving the government greater control over our health care system will have grave consequences for taxpayers, providers, and health care consumers. That is the lesson of the Massachusetts model.
Topic:
Health, Human Welfare, Markets, and Governance
Political Geography:
United States

6780. Somalia: The Trouble with Puntland

Publication Date:
08-2009
Content Type:
Policy Brief
Institution:
International Crisis Group
Abstract:
The semi-autonomous north-eastern Somali region of Puntland, once touted as a success of the “building blocks” approach to reestablishing national stability and widely viewed as one of the most prosperous parts of Somalia, is experiencing a three-year rise in insecurity and political tension. At its roots are poor governance and a collapse of the intra-clan cohesion and pan-Darood solidarity that led to its creation in 1998. Intra-Darood friction has eroded the consensual style of politics that once underpinned a relative stability. The piracy problem is a dramatic symptom of deeper problems that, left untreated, could lead to Puntland's disintegration or overthrow by an underground militant Islamist movement. A solution to the security threat requires the Puntland government to institute reforms that would make it more transparent and inclusive of all clans living within the region.
Topic:
Security, Political Violence, and Fragile/Failed State
Political Geography:
Africa, Somalia, and Puntland

6781. Setting the NAFTA Agenda on Climate Change

Author:
Jeffrey J. Schott and Meera Fickling
Publication Date:
08-2009
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
When the North American Free Trade Agreement (NAFTA) entered into force 15 years ago, environmental issues were an afterthought appended to a side accord, the North American Agreement on Environmental Cooperation (NAAEC). Today, environmental problems loom large on the global agenda, and climate change, in particular, ranks among the top issues on the North American agenda as the leaders of the United States, Canada, and Mexico convene in Guadalajara in August 2009. This policy brief examines the implications for NAFTA of national policies in the three countries to reduce greenhouse gas (GHG) emissions and suggests steps that the partner countries can take together to further both their economic and environmental goals.
Topic:
Climate Change, Economics, Globalization, and International Trade and Finance
Political Geography:
Canada, North America, and Mexico

6782. The Economics of Energy Efficiency in Buildings

Author:
Trevor Houser
Publication Date:
08-2009
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
At the 2008 summit in Hokkaido, Japan, and again in 2009 in L'Aquila, Italy, G-8 leaders called for a 50 percent global reduction in greenhouse gas (GHG) emissions below current levels by 2050 to avoid “the most serious consequences of climate change.” Meeting this goal will require transforming the way energy is produced, delivered, and consumed across all sectors of the economy and regions of the world. Buildings, which account for nearly 40 percent of global energy demand today and 30 percent of projected growth in energy demand between now and 2050, will play a critical role in this process (IEA 200).
Topic:
Climate Change, Economics, and Energy Policy
Political Geography:
Japan and Italy

6783. Pacific Asia and the Asia Pacific: The Choices for APEC

Author:
C. Fred Bergsten
Publication Date:
07-2009
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
The Asia Pacific Economic Cooperation (APEC) forum comprises 21 developed and developing economies that surround the Pacific Rim. The organization was created in 1989 and holds annual Leaders' Meetings that bring together its heads of government. In this policy brief, I assess the record of the APEC over the 20 years of its existence and discuss the world environment in which APEC is likely to be operating in the next 20 years, with a particular focus on the major change in global institutional arrangements implied by the replacement of the Group of Seven/Eight (G-7/8) by the Group of Twenty (G-20) as the chief steering committee for the world economy and, within that group and other international economic organizations, the increasingly central role of an informal and de facto Group of Two (G-2) between China and the United States.
Topic:
International Relations, International Trade and Finance, Regional Cooperation, and Treaties and Agreements
Political Geography:
United States, China, Asia, and Australia/Pacific

6784. India-Pakistan Trade: A Roadmap for Enhancing Economic Relations

Author:
Mohsin S. Khan
Publication Date:
07-2009
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
Many previous attempts to improve economic ties between India and Pakistan unfortunately have been derailed by periodically heightened political tensions between the two countries—be it Kargil in May 1999, the terrorist attack on the Indian Parliament in December 2001, or most recently, the Mumbai attacks in November 2008. Although successive Indian and Pakistani governments have often repeated the desire for peaceful relations, reaching a comprehensive agree ment that settles outstanding disputes still seems far off. But this does not mean that steps toward better economic relations cannot be taken. Indeed, there was a major breakthrough in trade relations at the meeting between then President Pervez Musharraf of Pakistan and Prime Minister Manmohan Singh of India in New Delhi in April 2005 (Joint Communiqué 2005). A number of trade-related issues were discussed at this meeting, and several key decisions were taken to move the process along.
Topic:
Economics, Peace Studies, and Bilateral Relations
Political Geography:
Pakistan, South Asia, Asia, and New Delhi

6785. China's Changing Outbound Foreign Direct Investment Profile: Drivers and Policy Implications

Author:
Daniel H. Rosen and Thilo Hanemann
Publication Date:
06-2009
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
In 1967 Jean-Jacques Servan-Schreiber published Le defi americain, a call to beware of American multinationals buying up the world. In the 1980s and 1990s it was Japan's turn, spawning books like Clyde Prestowitz's 1993 Trading Places: How We Are Giving Our Future to Japan. Today it is China's outbound foreign direct investment (OFDI) that elicits the most anxiety China's OFDI has reached commercially and geoeconomically significant levels and begun to challenge international investment norms and affect international relations.
Topic:
International Relations, Economics, International Trade and Finance, and Foreign Direct Investment
Political Geography:
China, America, and Asia

6786. A Solution for Europe's Banking Problem

Author:
Adam S. Posen and Nicolas Véron
Publication Date:
06-2009
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
Since mid-2007, public authorities in the European Union have broadly met the challenge of ensuring a functional degree of liquidity and preventing financial meltdown. The Eurosystem has even been ahead of the curve compared with the Federal Reserve and the Bank of England in discounting early on a wide variety of assets to a range of counterparties. However, despite unprecedented central bank intervention, extensive government guarantees since October 2008, and macroeconomic assistance (with the International Monetary Fund) to the European Union's weakest member states, the underlying state of continental Europe's banking industry remains very fragile.
Topic:
Economics, Markets, and Monetary Policy
Political Geography:
United States, United Kingdom, and Europe

6787. US Interests and the International Monetary Fund

Author:
C. Randall Henning
Publication Date:
06-2009
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
The United States Congress is now considering whether to raise US commitments to the International Monetary Fund (IMF). A positive decision would ratify President Obama's pledge in early April, taken with the other leaders of the G-20, to bolster the IMF as part of their cooperative response to the global economic crisis. The package of measures advanced by the G-20 leaders would triple the resources available to the Fund to $750 billion and would greatly reinforce its role in the international financial system. However, the IMF remains a controversial institution and congressional support cannot be taken for granted.
Topic:
Debt, Monetary Policy, and Financial Crisis
Political Geography:
United States

6788. Understanding Special Drawing Rights

Author:
John Williamson
Publication Date:
06-2009
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
A once-familiar but long-neglected acronym has reappeared in newspapers in recent weeks. We have read that the G-20 meeting in London endorsed a proposal that the International Monetary Fund (IMF) should create $250 billion in Special Drawing Rights (SDRs). We have been told that one problem with this proposal is that most of the SDR allocation would accrue to countries that are unlikely to use them, and some readers may have seen proposed ways around this difficulty. We have read that the governor of the People's Bank of China, Zhou Xiaochuan, has proposed that the SDR should gradually displace the dollar at the center of the international monetary system and that surplus countries should be able to convert their dollar holdings into SDR-denominated assets. No one can doubt that the SDR is back.
Topic:
Economics, International Cooperation, International Political Economy, International Trade and Finance, and Monetary Policy
Political Geography:
United States and China

6789. The EU Strategy for the Baltic Sea Region: A Catalyst for What?

Author:
Pertti Joenniemi
Publication Date:
08-2009
Content Type:
Policy Brief
Institution:
Danish Institute for International Studies (DIIS)
Abstract:
In order to generate momentum, the European Commission has recently prepared a strategy for the Baltic Sea Region, this being the first of its kind with regard to the various European macro-regional formations. The strategy stands out as a goal-oriented and visionary document and clearly exceeds the scope of the Union's traditional policies vis-à-vis regional formations. But does it really stand for a strategy in the proper sense of the word in aspiring for a fresh start, choosing between different priorities and providing guidance in a programmatic manner for the Baltic Sea Region to gain the status of a 'model' and a forerunner among the various macro-regions in the EU? In probing the issue, the brief suggests a conditional 'yes'. It argues that there are many indications that the document should indeed be regarded a strategy. In addition to providing insight into the aspirations of the EU with regard to the Baltic Sea Region, the brief also argues that regionalization is enjoying increased legitimacy and standing in EU policies in general.
Topic:
Economics, International Trade and Finance, and Regional Cooperation
Political Geography:
Eastern Europe and Germany

6790. Transitional Justice and Peacebuilding Strategies: Considerations for Policymakers

Publication Date:
07-2009
Content Type:
Policy Brief
Institution:
Centre on Human Rights in Conflict
Abstract:
It is critical to take into account the ways in which policies and programming in peacebuilding and transitional justice may be not only contradictory but also complementary. This brief examines the interaction of the following peacebuilding activities with transitional justice processes: Disarmament, Demobilization, and Re-integration (DDR), Security Sector Reform (SSR) and rule of law promotion.
Topic:
Conflict Resolution, Defense Policy, Arms Control and Proliferation, and Peace Studies
Political Geography:
United Nations

6791. Options for Reforming the Clean Development Mechanism

Publication Date:
08-2009
Content Type:
Policy Brief
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
The Clean Development Mechanism (CDM)-established by the Kyoto Protocol of the U.N. Framework Convention on Climate Change-is an emissions offset program that allows industrialized countries to receive credits for funding emissions reduction projects in developing countries. The program is intended to provide a cost-effective way for industrialized countries to reduce greenhouse gas emissions, while at the same time supporting sustainable development in developing countries. However, the CDM has been criticized for its lengthy and expensive project approval procedures, its exclusion of many categories of potentially important mitigation activities, and its methodologies for calculating whether projects actually reduce greenhouse gas emissions. In response to these problems, this Issue Brief presents a variety of options for reforming the CDM.
Topic:
Climate Change, Energy Policy, Environment, and Treaties and Agreements
Political Geography:
China, India, and Brazil

6792. Improving U.S.-China Relations: The Next Steps

Author:
Richard N. Rosecrance
Publication Date:
09-2009
Content Type:
Policy Brief
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
A higher Renminbi will have two advantages: for the United States, it will help to equilibrate the past trade imbalance; for China, it will stimulate consumption (and enhance imports). It will therefore help China switch from a purely exporting strategy to one that maintains domestic growth through internal consumption. The goods that were to be sent abroad can now be consumed by an increasingly middle class nation at home. These steps will bring China and the United States closer economically and increase international stability. However, unless the military-security relations of the two countries improve, this will not be a sufficient remedy for the two nations' long term problems.
Topic:
International Political Economy, International Trade and Finance, and Bilateral Relations
Political Geography:
United States, China, and Germany

6793. A Proposal for a Global Upstream Emission Trading System (UGETS)

Author:
Akinobu Yasumoto and Mutsuyoshi Nishimura
Publication Date:
09-2009
Content Type:
Policy Brief
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
An effective policy approach to climate change would be a global emission trading system. Opinions differ, however, as to what approach should be pursued when fostering a global emissions trading system. Many argue in favor of linking various national and regional emission trading systems as a possible way forward. However, an alternative method, which involves developing a new system from the ground up, could prove more advantageous. Under an Upstream Global Emission Trading System (UGETS), all nations would use an upstream emissions trading system that would result in far fewer monitoring points than a downstream system. A nation would only need to keep track of domestic shipments and imports of fossil fuels.
Topic:
International Relations, Climate Change, Energy Policy, Environment, and International Cooperation
Political Geography:
Europe

6794. How Do We Know This is Not Another Great Depression? Lessons for Policymakers from the 1930s

Author:
Jeffrey Frankel
Publication Date:
07-2009
Content Type:
Policy Brief
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
The current economic crisis is fundamentally different from those we have experienced in recent past. The proximate causes of previous recessions (1980-2 and 1990-91) were increases in interest rates in response to inflation. This time around, however, low interest rates and loose monetary policy during the period 2003-2005 had contributed to a bubble in asset prices, rather than to inflation. This-coupled with an underestimation of risk in our financial system, failures of corporate governance, and excessive debt by both households and government-caused the crisis of 2007-09.
Topic:
Economics, International Trade and Finance, Monetary Policy, and Financial Crisis
Political Geography:
United States, Japan, and Germany

6795. State and Local Fusion Centers

Author:
Eric Rosenbach
Publication Date:
07-2009
Content Type:
Policy Brief
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
The 9/11 Commission Report emphasized the importance of information sharing between local law enforcement and federal intelligence agencies in order to prevent future terrorist attacks. In an effort to address these concerns, “fusion centers” were created that would facilitate the transfer of information among local, state and federal officials. This memo provides members of Congress with an overview of fusion centers, explains the role these centers play in information sharing and addresses some challenges that they face today.
Topic:
Security, Government, Terrorism, and Law

6796. The USA-PATRIOT Act

Author:
Eric Rosenbach and Aki J. Peritz
Publication Date:
07-2009
Content Type:
Policy Brief
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
The "Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001," also known as the USA-PATRIOT Act, was passed a month after September 11, 2001 in order to give U.S. officials new legal tools to detect and thwart future terrorist attacks. Although it originally passed with very little opposition, votes to reauthorize the Act prompted significant debate about several provisions. In 2009, Congress will once again examine certain sections of the USA-PATRIOT Act. This memo provides an overview of the USA-PATRIOT Act and its provisions that will expire at the end of 2009.
Topic:
Security, Defense Policy, and Terrorism
Political Geography:
United States

6797. The Role of Private Corporations in the Intelligence Community

Author:
Eric Rosenbach and Aki J. Peritz
Publication Date:
07-2009
Content Type:
Policy Brief
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
Over the past several years, significant debate has emerged regarding the role that the private sector plays in national security operations. Since 9/11, the Intelligence Community has relied heavily on private contractors for many different types of support. Given the historic and growing ties between the Intelligence Community and private corporations, the 111th Congress will likely need to assess the overall value of this relationship.
Topic:
Defense Policy, Intelligence, and Terrorism

6798. Tchad: sortir du piège pétrolier

Publication Date:
08-2009
Content Type:
Policy Brief
Institution:
International Crisis Group
Abstract:
Depuis 2003, l'exploitation du pétrole a contribué lourdement à la détérioration de la gouvernance interne au Tchad, menant à une succession de crises politiques et de rébellions. Les retombées financières du pétrole – 53 millions de barils rapportant 1,2 milliards de dollars à l'Etat en 2007 – ont attisé les appétits au sein du régime qui ont, à leur tour, nourri des dissensions et débouché sur des rébellions rapidement soutenues par le voisin soudanais. Les revenus du pétrole ont par ailleurs donné au président Idriss Déby les moyens de rejeter tout dialogue politique véritable, et de répondre aux menaces de renversement venues du Soudan par le surarmement. L'enthousiasme suscité par l'exploitation du pétrole a fait place à un désenchantement généralisé. Pour sortir de ce cercle vicieux et susciter les conditions d'une stabilisation durable du pays, le gouvernement tchadien doit redéfinir un consensus national autour de la gestion des revenus pétroliers, et ses partenaires principaux, la France, les Etats-Unis et la Chine, doivent conditionner leur soutien au régime à cette politique, tout en oeuvrant à la stabilisation complémentaire de ses relations avec le Soudan.
Topic:
Corruption and Oil
Political Geography:
Africa

6799. Indonesia: Noordin Top's Support Base

Publication Date:
08-2009
Content Type:
Policy Brief
Institution:
International Crisis Group
Abstract:
More than a month after the 17 July 2009 hotel bombings in Jakarta, Noordin Mohammed Top remains at large, but his network is proving to be larger and more sophisticated than previously thought. Not only was it responsible for coordinated bombings at two luxury hotels in the heart of Jakarta's business district, but it also was apparently contemplating a car bomb attack on President Yudhoyono's residence. As more information comes to light, it looks increasingly likely that Noordin sought and received Middle Eastern funding. While the extent of foreign involvement this time around remains unclear, recruitment in Indonesia has proved disturbingly easy. The salafi jihadi ideology that legitimises attacks on the U.S. and its allies, and Muslims who associate with them, remains confined to a tiny fringe, but that fringe includes disaffected factions of many different radical groups and impressionable youths with no history of violence.
Topic:
Political Violence, Islam, and Terrorism
Political Geography:
United States, Indonesia, Asia, and Jakarta

6800. The Case for a Gas Transit Consortium in Ukraine: A Cost-Benefit Analysis

Author:
Michael Emerson and Elena Gnedina
Publication Date:
01-2009
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
The 2009 gas dispute between Ukraine and Russia has led to a severe drop in Russian gas supplies to some EU member states. The dispute has once again shown that the status quo is defective and unsustainable as a policy. This Policy Brief argues that – beyond ad hoc temporary measures, such as the monitoring by EU experts agreed on January 12th and the 2009-10 price agreement apparently reached on January 18th – the problem needs a comprehensive and robust solution. This would be a gas transit consortium, bringing all major stakeholders – Gazprom, Naftohaz, one or a few European energy companies, and the international financial institutions – to jointly manage the trans-Ukrainian trunk pipeline. The consortium agreement would be underwritten politic ally and legally by a tripartite treaty to be ratified by the EU, Russia and Ukraine. The consortium should be bound by European standards of transparency, corporate governance and accounting in order to tackle the major problem – the lack of trust – in the EU- Ukraine-Russia energy triangle.
Topic:
Economics, Energy Policy, and Treaties and Agreements
Political Geography:
Russia, Europe, and Ukraine