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1211. Global fiscal consolidation

Author:
Warwick McKibbin
Publication Date:
05-2011
Content Type:
Working Paper
Institution:
Lowy Institute for International Policy
Abstract:
The build up in government debt in response to the 'great recession' has raised a number of policy dilemmas for individual countries as well as the world as a whole. Where the government fiscal stimulus was seen as necessary to restore confidence to markets and stimulate deteriorating economies in the aftermath of the 'great recession' by 2010 the massive fiscal stimulus programs and associated run-up in debt had, for many economies, become a confidence sapping exercise. This need for a change of fiscal policy stance has fuelled another debate that has two related aspects. One is the impact of fiscal consolidation on economies that are tightening and the flow-on effects to the world economy. The other debate is how much tightening there should be and how quickly.
Topic:
Debt, Economics, Global Recession, and Financial Crisis
Political Geography:
Asia and Australia/Pacific

1212. Conducting Elections in the World's Largest Plural Society

Author:
S. Y. Quraishi
Publication Date:
03-2011
Content Type:
Working Paper
Institution:
Center for the Advanced Study of India
Abstract:
DR. RICHARD JOHNSTON: Welcome everyone to the welcome lecture from S. Y. Quraishi to the Comparing Elections and Electoral Systems in North America and India Conference. My name is Richard Johnston. By a vote of three to one, I was chosen as the person to do the introduction so I was not present at the time the vote was taken, but I am actually very pleased to be asked to do this. Just so you know, my current affiliation is the University of BC, but I am a former Penn person. It doesn't feel very former at the moment, I'll say, which is very pleasant. Anyway, my task is not to talk about me, but to introduce S. Y. Quraishi, the Chief Commissioner for Elections for India. I can't underscore how big a deal it is for us to have Dr. Quraishi here. The position is recognized in the Constitution of India. It is an enormously important role. This is the largest election task in the world. Not only does the Elections Commission take care of the Parliamentary elections, Lok Sabha elections, but also Presidential and Vice-Presidential elections, and elections in several states. So Dr. Quraishi is responsible for organization of elections, certainly to a Canadian, on an unimaginable scale. He is the seventeenth Chief Commissioner. He has been so since the third of July last year and served on the Commission for four years before that.
Topic:
Civil Society, Democratization, and Government
Political Geography:
Asia

1213. Improving Food Security for Vulnerable Communities in Nepal

Author:
Kate Kilpatrick
Publication Date:
05-2011
Content Type:
Working Paper
Institution:
Oxfam Publishing
Abstract:
Nepal is one of the world's poorest nations, with 31 per cent of its 28 million-population living below the poverty line. Chronic food insecurity and hunger are part of daily life for millions of Nepalis. For families living in Nepal's remote mountain regions in particular, getting access to sufficient food is a daily struggle. Climate change is making the situation worse.
Topic:
Security, Climate Change, and Food
Political Geography:
South Asia, Asia, and Nepal

1214. Minding the Money: Governance of climate change adaptation finance in Nepal

Author:
Katie Wiseman and Raju Pandit Chhetri
Publication Date:
05-2011
Content Type:
Working Paper
Institution:
Oxfam Publishing
Abstract:
Climate change is an urgent concern in Nepal. In recent years, the country has faced more than its fair share of extreme weather patterns. Increases in temperature extremes, more intense rainfall, drier winters and delays in summer monsoons have become quite common and are expected to get worse. In fact, a recent Climate Change Vulnerability Index, calculating susceptibility to impacts of climate change over the next 30 years, places Nepal 4th out of 170 countries. This report examines the national situation of climate change adaptation policy and programming, highlighting key areas of progress, weakness and challenges. The report notes that current initiatives have yet to deliver benefit to the marginalized and vulnerable communities in the country - the very groups that need it most. Based on the findings, the report presents a set of recommendations for the Government, donor community and civil society.
Topic:
Civil Society, Climate Change, Environment, Poverty, and Foreign Aid
Political Geography:
Asia and Nepal

1215. Asia's Energy Future: Regional Dynamics and Global Implications

Author:
Kang Wu and Fereidun Fesharaki
Publication Date:
06-2011
Content Type:
Working Paper
Institution:
East-West Center
Abstract:
Energy security ranks as one of the highest-priority issues in Asia and the Pacific. The East and South Asia region is the fastest-growing oil consumer in the world, and because this region has such a small percentage of the world's oil reserves, it is the most highly dependent on oil imports of any world region. In the future, Asia will become even more dependent on imports as its energy needs expand with changing life styles and overall economic growth. Asia's increasing energy needs have important implications for energy security throughout the world, and particularly in the United States. Like Asia, the United States is a large and growing importer of crude oil and petroleum products. It is also becoming a direct competitor with the East Asian economies for imported liquefied natural gas (LNG). This volume is intended to provide Asians and Americans with the factual information they need for clear understanding, informed policy dialogue, and effective cooperation on issues related to energy security. The United States and Asia have much in common in terms of their basic energy situation. Both regions have enormous hydrocarbon reserves in the form of coal, but both must import huge quantities of liquid hydrocarbons in the forms of oil and natural gas. The United States has an economy and a life style highly dependent upon imported energy, and increasingly, so does Asia. The environmental implications of energy use are of growing concern in both regions. Both share a common stake in an assured supply of oil and natural gas, in price stability in international energy markets, in efficient and sustainable use of oil and gas products, and in the development of technologies and fuel alternatives that can alleviate energy security and environmental concerns.
Topic:
Security, Development, Economics, Energy Policy, and Oil
Political Geography:
United States and Asia

1216. G7 to G8 to G20: Evolution in Global Governance

Author:
Gordon S. Smith
Publication Date:
05-2011
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
This paper provides a brief history of the evolution of the Group of Seven (G7) from its origins in the aftermath of the 1971 breakdown of the Bretton Woods system of exchange rates and the oil crisis in 1973. It then discusses Russia's participation at summits after the fall of the Berlin Wall, formally joining the group in 1997, thus becoming the Group of Eight (G8). The paper gives a concise account of the formation of the Group of Twenty (G20) finance ministers and central bank governors in the late 1990s, in the wake of financial crises in Asia and Latin America, which was elevated to a leaders' summit forum at the outbreak of the global financial crisis in 2008. The paper wraps up with a discussion of the differences in the G8 and G20 models, concluding that the G20 process is still the best option for meeting the challenges of complex global governance issues.
Topic:
International Cooperation, International Organization, International Trade and Finance, Financial Crisis, and Governance
Political Geography:
Russia, Asia, and Latin America

1217. Civil-Military Relations in Marcos' Philippines

Author:
Richard Lim
Publication Date:
03-2011
Content Type:
Working Paper
Institution:
Centre for Strategic Research and Analysis (CESRAN)
Abstract:
After gaining its independence in 1946, the Philippines stood as a "showcase of democracy" in Southeast Asia. Both Spanish and American colonization had bequeathed to the islands Western values and institutions. The Americans had provided for the establishment of a democratic constitutional government. The Philippine press was widely considered one of the freest in Asia.[iii] Yet, on September 21, 1972, President Ferdinand E. Marcos issued Executive Order No. 1081, declaring a state of martial law throughout the nation.[iv] In the years following, Marcos' rule would be marked by harsh political repression, human rights violations, and a massive statewide kleptocracy. The Philippines' fall from grace left scholars scrambling to answer just how did a promising young democracy fall so quickly.
Topic:
Politics
Political Geography:
Asia, Philippines, and Southeast Asia

1218. The Future of the Nuclear Suppliers Group

Author:
Mark Hibbs
Publication Date:
12-2011
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
After the first Indian nuclear explosive test in 1974, seven nuclear supplier governments were convinced that the Nuclear Non-Proliferation Treaty (NPT) alone would not halt the spread of nuclear weapons—a view that developments in Iran, Iraq, North Korea, and elsewhere would later underscore. The seven governments formed the Nuclear Suppliers Group (NSG), and over the course of more than three decades, it has become the world's leading multilateral nuclear export control arrangement, establishing guidelines that govern transfers of nuclear-related materials, equipment, and technology. Yet, as a voluntary and consensus- based organization of 46 participating governments, the NSG today faces a host of challenges ranging from questions about its credibility and future membership to its relationship to the NPT and other multilateral arrangements.
Topic:
International Cooperation, Nuclear Weapons, Treaties and Agreements, and Nuclear Power
Political Geography:
Iraq, Iran, India, Asia, and North Korea

1219. China and Global Mega Trade Deals

Author:
John Whalley, Chunding Li, and Jing Wang
Publication Date:
07-2011
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
The term "mega deal" has been widely used in relation to two large prospective trade deals between the United States and Europe – the Transatlantic Trade and Investment Partnership (TTIP) — and in Asia and the Pacific — the Trans-Pacific Partnership (TPP). This paper starts by exploring a possible description of trade mega deals by making an inventory of mega deals in place, under discussion or negotiation, and deals yet to be considered under different criteria. This paper also calculates the trade volume coverage and trade barrier coverage for potential mega deals, and the results show the potential impact of mega deals on trade and growth performance is large.
Topic:
Development, Economics, and International Trade and Finance
Political Geography:
United States, Europe, and Asia

1220. Asian Regional Policy Coordination

Author:
Edwin M. Truman
Publication Date:
12-2011
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics
Abstract:
This paper addresses two central questions for Asia and the world: (1) What is the purpose of Asian regional policy coordination going forward? (2) Will Asian regional policy coordination substitute or complement global policy coordination? The paper examines the potential coverage and content of such policy coordination, what is meant by Asia in this context, and how Asia fits in with global policy coordination processes. Truman addresses three related aspects of Asian regional policy coordination: macroeconomic policies, reserve management, and crisis management. He concludes that while the countries in the Asian region have not completely exploited the scope for regional policy coordination, more ambitious efforts focused on close integration are not likely to bear fruit, in particular, if they are conceived and promoted under the banner of Asian exceptionalism. These conclusions are based on two main considerations: First, Asian economies differ, and will continue to differ, sufficiently in size and stage of development such that it is difficult to conceive of a successful voluntary blending of their interests. Second, the central lesson of the global financial crisis and its current European coda is that global economic and financial integration has advanced sufficiently that countries can run but they cannot hide individually or in sub-global groups of countries.
Topic:
Economics, International Trade and Finance, and Regional Cooperation
Political Geography:
Europe and Asia