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Begin New Search Topic International Relations Political Geography United States Content Type Working Paper Publication Year within 25 Years

251. An Empirical Analysis of Inflation in OECD Countries

Author:
Jaime Marquez and Jane Ihrig
Publication Date:
05-2003
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
One of the most remarkable macroeconomic developments of the past decade has been the widespread decline in inflation despite declines in unemployment rates. For the United States, these seemingly contradictory developments have been reconciled in terms of three factors: (1) an acceleration in productivity, (2) structural changes in labor markets that lowered the natural unemployment rate (NAIRU), and (3) improved credibility of monetary policy. Here we ask whether comparable factors were at work in foreign industrial countries. To address this question, we empirically characterize the relationship between inflation, the unemployment rate, and structural factors using an extended Phillips curve model with quarterly data through 1994. By undertaking counterfactual simulations from 1995 to 2001, we quantify the separate contributions of unemployment-rate movements, labor-market reforms (that affected the NAIRU), and productivity developments on inflation. In line with previous work on the United States, we find that productivity advancements were the main structural factor reducing inflation in the United States. For foreign countries, persistent labor-market slack was the main factor exerting downward pressure on inflation. This persistence stemmed, in part, from structural reforms that lowered the NAIRU while the unemployment rate was declining.
Topic:
International Relations, Development, Economics, and International Trade and Finance
Political Geography:
United States

252. Foreign Portfolio Investment, Foreign Bank Lending, and Economic Growth

Author:
J. Benson Durham
Publication Date:
02-2003
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
In contrast to the empirical literature's focus on foreign direct investment (FDI), this study examines the effects of foreign portfolio investment (FPI) and “other” foreign investment (OFI) on economic growth using data on 88 countries from 1977 through 2000. Most measures suggest that FPI has no effect, and some results indicate that OFI has a negative impact on growth that is somewhat mitigated by initial financial and/or legal development. However, these results are questionable due to possible simultaneity bias. The empirical analyses also examine whether non-FDI foreign investment affects growth indirectly. FPI does not correlate positively with macroeconomic volatility, but the results indicate that the negative indirect effect of OFI through macroeconomic volatility comprises a substantial portion of the gross negative effect of OFI on growth.
Topic:
International Relations, Economics, and International Trade and Finance
Political Geography:
United States

253. Diversification, Original Sin, and International Bond Portfolios

Author:
Francis E. Warnock and John D. Burger
Publication Date:
01-2003
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
While there is a severe home bias in U.S. investors' foreign bond portfolios, we find that portfolio weights are greater for countries with more open capital accounts and whose bond returns are less correlated with U.S. returns. Positions in local-currency-denominated bonds are particularly sensitive to past and prospective returns volatility. An analysis of changes in portfolio weights over time indicates that U.S. investors have recently moved out of smaller markets and those with low and declining credit ratings. Our data also allow for an analysis of the size and currency composition of international bond markets. We find that countries with stronger institutions and better inflation performance have larger local currency bond markets. An implication for developing countries is that creditor friendly policies, such as vigilance on the inflation front and the development of strong institutions, can enable local bond market development and may in turn attract global investors.
Topic:
International Relations, Economics, and International Trade and Finance
Political Geography:
United States

254. Long-Run Supply Effects and the Elasticities Approach to Trade

Author:
Joseph E. Gagnon
Publication Date:
01-2003
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
Krugman (1989) argued that differences across countries in estimated income elasticities of import demand are due to omission of an exporter supply effect. He showed that such an effect can be derived in a theoretical model with economies of scale in production and a taste for variety in consumption. In his model, countries grow by producing new varieties of goods, and they are able to export these goods without suffering any deterioration in their terms of trade. This paper analyzes U.S. import demand from different source countries and finds strong evidence of a supply effect of roughly half the magnitude (0.75) of the income elasticity (1.5). Price elasticities for the most part are estimated close to -1, which is typical for the literature. Exclusion of the supply effect leads to overestimation of the income elasticity. Results based on U.S. exports to different destinations are less robust, but largely corroborate these findings.
Topic:
International Relations, Economics, and International Trade and Finance
Political Geography:
United States

255. The ROK—U.S. Alliance: Where Is It Headed?

Author:
Kim Dong Shin
Publication Date:
04-2003
Content Type:
Working Paper
Abstract:
The National Security Strategy of the United States of America (September 2002) provides an important framework from which to examine the current crisis on the Korean Peninsula and other challenges in Northeast Asia. With its focus on terrorism and weapons of mass destruction (WMD), this strategy is concerned with North Korea as much as, if not more than, any other state. In particular, North Korea poses a unique set of challenges in regard to WMD. North Korea stands in sharp contrast to the Republic of Korea (ROK) on issues such as human rights, democracy, and market economies. The National Security Strategy suggests that the United States should revitalize its alliance with South Korea, while encouraging North Korea to transform its political and economic system. Yet South Korea and the United States are currently having some difficulties in developing a consensus on how to approach Pyongyang, and appear to have no clear plan to operationalize the strategy to deal with North Korea.
Topic:
International Relations and Security
Political Geography:
United States, America, Asia, and North Korea

256. How the Axis of Evil Metaphor Changes Iranian Images of the USA

Author:
Daniel Heradstveit and G. Matthew Bonham
Publication Date:
06-2003
Content Type:
Working Paper
Institution:
Norwegian Institute of International Affairs
Abstract:
The respondents feared an American attack, and regarded their membership in «the Axis of Evil» as a stab in the back after Iranian help in Afghanistan. This demonisation was seen overwhelmingly in terms of American geopolitical designs, ignorance and downright irrationality – an expansionist superpower that is dangerously out of control. The WTC attack initially caused a strengthening of Iranian national unity and a more coherent foreign policy, but most of the respondents regard «the Axis of Evil» as killing the nascent dialogue with the USA stone dead and coming as a godsend to the conservatives and the ultras.
Topic:
International Relations and Foreign Policy
Political Geography:
Afghanistan, United States, America, Iran, and Middle East

257. Reimagining International Society Through the Emergence of Japanese Imperialism

Author:
Shogo Suzuki
Publication Date:
11-2003
Content Type:
Working Paper
Institution:
Australian National University Department of International Relations
Abstract:
In the not too distant past Timothy Dunne asserted that '[International] society is what states have made of it'. Since then much has been written about how the English School offers a valuable interpretivist approach, how it has spread across the world, how it can be improved, and what it has to say about non-European societies and 'world society'. This paper aims to contribute to all three facets of the debate through a case study of how the Japanese elite understood international society during the bakumatsu (late-Tokugawa)/early-Meiji periods (1853-95). In doing so, it examines the emergence of Japanese imperialism from the perspective of international society as perceived by English School scholars.
Topic:
International Relations and Development
Political Geography:
United States, Japan, Europe, and Asia

258. Mending the U.S.-European Rift over the Middle East

Author:
Leon T. Hadar
Publication Date:
08-2003
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
The war in Iraq has created tensions between the United States and some of its leading allies in Europe and exposed a deep diplomatic rift between the traditional transatlantic security partners. The controversy over Iraq has also ignited strong anti-American sentiments and threatened international cooperation in the war against Al Qaeda.
Topic:
International Relations
Political Geography:
United States, Iraq, Europe, and Middle East

259. Casualties of War: Transatlantic Relations and the Future of NATO in the Wake of the Second Gulf War

Author:
Christopher Layne
Publication Date:
08-2003
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
The Iraq War represents a turning point in transatlantic relations. Euro-American ties have been ruptured, and never again will be the same. But the growing estrangement between the European powers and the United States is tied primarily to the nature of power in the international system and to America's dominant role in the world today.
Topic:
International Relations, Foreign Policy, NATO, and War
Political Geography:
United States, Iraq, and America

260. Europe between Brussels and Byzantium: Some Thoughts on European Integration

Author:
Niall Ferguson
Publication Date:
11-2003
Content Type:
Working Paper
Institution:
Institute of European Studies (IES), UC Berkeley
Abstract:
There is, in theory, a plausible role for the European Union as the partner of a militarily assertive United States: the peacekeeper that follows in the wake of the peacemaker. The war in Iraq, however, has raised the possibility of a diametrically different role for Europe: as a potential imperial rival to the United States. There is no need to invoke the memory of either Rome or Byzantium to make the case that Europe is capable of spoiling America's unipolar party. The successful conclusion of accession agreements with ten new member countries – not to mention the sustained appreciation of the euro against the dollar since Kennedy's article appeared – have seemingly vindicated this analysis. So too, in the eyes of some commentators, has the vociferous and not wholly ineffectual opposition of at least some E.U. member states to American policy in Iraq. If the U.S. has an imperial rival today, then the E.U. appears to be it.
Topic:
International Relations and War
Political Geography:
United States, Iraq, Europe, Rome, and Brussels

261. From Alliances to Ambivalence: The Search for a Transatlantic Agenda In the 21st Century

Author:
Jackson Janes
Publication Date:
11-2003
Content Type:
Working Paper
Institution:
Institute of European Studies (IES), UC Berkeley
Abstract:
During the Cold War, European-American relations were often marked by differences over tactics, but we did share for the most part a strategic goal that was to be achieved on the basis of the twin principles of deterrence and détente. Yet there are some that would argue that this past year has been different; that the transatlantic rift goes deeper and will last longer. If the Americans and Europeans cannot find common ground in certain regulatory areas, it may be that we will agree to disagree on the use of GMO's, technological standards, or Anti-trust legislation. This could lead to more competition but also to duplication in an increasingly interwoven global market. Yet, because we face a vastly more complicated environment today than during previous years — full of threats and opportunities — it will remain a challenge for the coming decade to strategize as to how transatlantic political policy problems can best be dealt with.
Topic:
International Relations, Cold War, and Politics
Political Geography:
United States and Europe

262. Went for Cost, Stayed for Quality?: Moving the Back Office to India

Author:
Rafiq Dossani and Martin Kenney
Publication Date:
11-2003
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
Will the next great wave of globalization come in services? Increasingly, components of back-office services, such as payroll and order fulfillment, and some front-office services, such as customer care, are being relocated from the United States and other developed countries to English-speaking, developing nations—especially India, but also other nations, such as the Philippines. Though moving service activities offshore is not entirely new, the pace has quickened of late. The acceleration of this business process offshoring (BPO) is intertwined, though not synonymous, with another phenomenon, namely an increasing willingness by firms to outsource what formerly were considered core activities. It is significant that a substantial number of service activities might move offshore, because it was once thought that service jobs were the future growth area for developed country economies. Manufacturing, by contrast, would relocate to lower labor cost regions offshore. Notably, the services commonly known as “business processes” (BPs) are among the fastest growing job categories in the United States (Goodman and Steadman 2002). Should these jobs begin to move offshore, a new tendency may be under way in the global economy that will be as or more important than the relocation of manufacturing offshore, and might necessitate a rethinking of government policies across a wide spectrum.
Topic:
International Relations and Globalization
Political Geography:
United States, India, Asia, and Philippines

263. Finding America's Voice: A Strategy for Reinvigorating U.S. Public Diplomacy

Author:
Peter G. Peterson, Kathy Bloomgarden, Henry Grunwald, David E. Morey, Shibley Telhami, Jennifer Sieg, and Sharon Herbstman
Publication Date:
09-2003
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
The United States has a growing problem. Public opinion polls echo what is seen in foreign editorials and headlines, legislative debate, and reports of personal and professional meetings. Anti- Americanism is a regular feature of both mass and elite opinion around the world. A poll by the Times of London, taken just before the Iraq war, found respondents split evenly over who posed a greater threat to world peace, U.S. President George W. Bush or then Iraqi leader Saddam Hussein. At the same time, European antiwar protests drew millions, and several national leaders ran successfully on anti- American platforms. Americans at home and abroad face an increased risk of direct attack from individuals and small groups that now wield more destructive power. The amount of discontent in the world bears a direct relationship to the amount of danger Americans face.
Topic:
International Relations and Diplomacy
Political Geography:
United States, Iraq, America, and Europe

264. Pakistan: The Mullahs and the Military

Publication Date:
03-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
The resurgence of the religious parties in the October 2002 elections portends ill for Pakistan's political, cultural and social stability. For the first time in the country's history, an alliance of six major religious parties – the Muttahida Majlis-e-Amal (MMA) – has won power in two provinces, vowing to Islamise state and society through Taliban-like policies. The MMA based its electoral campaign on Islam and anti-U.S. slogans, targeting President Pervez Musharraf's pro-U.S. policies and pledging the enforcement of Sharia law. It now runs the government in the Northwest Frontier Province (NWFP), bordering on Afghanistan, and shares power in Baluchistan.
Topic:
International Relations, Development, and Politics
Political Geography:
Pakistan, United States, South Asia, and Taliban

265. Structure and Choice in Foreign Policy Analysis

Author:
Peter Trubowitz
Publication Date:
10-2002
Content Type:
Working Paper
Institution:
Centro de Investigación y Docencia Económicas
Abstract:
How do states choose their foreign policies? Most foreign policy analysis relies on structuralist reasoning to answer this question. Realist theory emphasizes a nation's position in the international distribution of power. A second approach focuses on domestic factors and stresses a country's political institutions. Both traditions focus on constraints on state behavior. The future of foreign policy analysis lies in finding ways to incorporate politics and choice into structuralist reasoning. Three main solutions have been proposed: theories that focus on how international pressures affect competing domestic coalitions, rational choices theories that analyze "two level games," and constructivism. This paper proposes an alternative model that views politicians as political entrepreneurs who seek to consolidate domestic power in national arenas that are conditioned by international constraints. The approach is developed and illustrated in a discussion of foreign policy choice in the United States.
Topic:
International Relations, Foreign Policy, Development, and Politics
Political Geography:
United States

266. Transatlantic Relations in a Unipolar World

Author:
William Wohlforth
Publication Date:
08-2002
Content Type:
Working Paper
Institution:
The Geneva Centre for Security Policy
Abstract:
The state of transatlantic relations is normal - arguably in crisis, arguably not; poised for fundamental change, or for basic continuity. The usual question for conferences on transatlantic relations is whether this situation will continue. My purpose in this paper is to set forth a perspective on the future of the transatlantic relationship based on the central realist proposition that the distribution of capabilities among states is an important background influence on their behaviour. Major changes in international relations often arise from changes in the distribution of power. Important features of the Cold War resulted from the great concentration of power in the United States and the Soviet Union - a condition that came to be called "bipolarity." The Cold War ended in significant measure owing to changes in the distribution of power - namely, the decline and fall of the Soviet Union. As a result of Soviet and Russian decline, a new unipolar distribution has emerged with new consequences for international politics in general and the transatlantic relationship in particular.
Topic:
International Relations and NATO
Political Geography:
United States and Europe

267. Trans-Atlantic Relations: Challenges and Opportunities

Author:
Wolfgang Ischinger
Publication Date:
10-2002
Content Type:
Working Paper
Institution:
International Institute at University of Wisconsin, Madison
Abstract:
I would like to share some observations about German-American relations, about Afghanistan, about Iraq and the war on terrorism, and about power and the global system. Where does Germany stand today? The recent elections in Germany have brought about a number of significant developments.
Topic:
International Relations and Security
Political Geography:
Afghanistan, United States, America, Europe, and Germany

268. Trans-Atlantic Relations: A Norwegian Perspective

Author:
Knut Vollebaek
Publication Date:
04-2002
Content Type:
Working Paper
Institution:
International Institute at University of Wisconsin, Madison
Abstract:
Gilles Bousquet, Dean of International Studies and Director of the International Institute, welcomed guests to the event. Ambassador Vollebæk was introduced by Alfred Defago, former Swiss ambassador to the United States and currently International Institute Visiting Professor. Professor Defago, who invited Ambassador Vollebæk to the UW–Madison campus in conjunction with his International Studies seminar on “Evolving European Perspectives on American Politics and Society,” described Ambassador Vollebæk as one of Europe's top diplomats and as one of the most influential and intellectually brilliant leaders of the diplomatic community in Washington, D.C. Ambassador Vollebæk, a career diplomat, served as Foreign Minister of Norway from 1997–2000 and in that capacity was chairman of the Organization for Security and Cooperation in Europe. A tireless advocate for international human rights, he was a leader in efforts to stop the atrocities in Kosovo and played key roles in monitoring conflicts and brokering negotiations in Chechnya, Sri Lanka and the Middle East.
Topic:
International Relations and Terrorism
Political Geography:
United States, America, Europe, Washington, Middle East, Norway, Chechnya, Sri Lanka, and Kosovo

269. Exchange Rate Regimes and Financial Dollarization: Does Flexibility Reduce Bank Currency Mismatches?

Author:
Carlos Ó. Arteta
Publication Date:
09-2002
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
The dollarization of bank deposits and credit is widespread in developing countries, resulting in varying degrees of currency mismatches in domestic financial intermediation, which in turn might accentuate bank balance sheet fragility. It is widely argued that flexible exchange rate regimes encourage banks to match dollar-denominated liabilities with a corresponding amount of dollar-denominated assets, ameliorating currency mismatches. Does the behavior of dollar deposits and credit in financially dollarized economies support that presumption? A new database on deposit and credit dollarization in developing and transition countries is assembled and used to address this question. Empirical results suggest that, if anything, floating regimes seem to exacerbate, rather than ameliorate, currency mismatches in domestic financial intermediation, as those regimes seem to encourage deposit dollarization more strongly than they encourage matching via credit dollarization.
Topic:
International Relations, Economics, and International Trade and Finance
Political Geography:
United States

270. The Inflation Persistence of Staggered Contracts

Author:
Luca Guerrieri
Publication Date:
08-2002
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
One of the criticisms routinely advanced against models of the business cycle with staggered contracts is their inability to generate inflation persistence. This paper finds that staggered contracts µa la Taylor are, in fact, capable of reproducing the inflation persistence implied by U.S. data. Following Fuhrer and Moore, I capture the moments that the contract specification needs to replicate by using the correlograms from a small vector autoregression (VAR) that includes inflation among the endogenous variables. A simple structural model substitutes the inflation equation from the VAR with the contract specification. I estimate the contract parameters in the structural model by maximum likelihood. The correlogram for the endogenous variables from the estimated structural model, including that for inflation, are very close to the correlograms from the VAR (and are contained within their 90% confidence intervals). By the same metric, where Taylor contracts do not fare well is in reproducing the cross-correlations between inflation and output.
Topic:
International Relations, Economics, and International Trade and Finance
Political Geography:
United States

271. Productivity Shocks, Habits, and the Current Account

Author:
Joseph W. Gruber
Publication Date:
08-2002
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
Empirical work regarding Intertemporal Current Account (ICA) models has centered around two distinct testing methodologies, present value tests and a productivity shock approach as formulated by Glick and Rogoff (1995). In previous work, Gruber (2001), I have tested and ICA model that allows for habits in aggregate consumption via the present value method. This paper applies the alternative Glick and Rogoff style approach to testing the model. The benefits of doing such are an ability to separate country-specific from worldwide output changes, a distinction of considerable importance, as well as to impose restrictions on the relationship between investment and output, neither of which are possible in the present value framework. The results of the test are supportive of the existence of habits and coincide with the results of Gruber (2001). The degree of habit persistence implied by the model is estimated for the G-7 countries. The paper also proposes habit formation as a possible solution to an empirical puzzle identified in the original Glick and Rogoff paper.
Topic:
International Relations, Economics, and International Trade and Finance
Political Geography:
United States

272. Equity Prices, Household Wealth, and Consumption Growth in Foreign Industrial Countries: Wealth Effects in the 1990s

Author:
Carol C. Bertaut
Publication Date:
04-2002
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
Although most recent empirical research regarding the size and significance of the impact of changes in wealth on consumption has looked for such effects in the United States, equity prices in the 1990s rose considerably in most other industrial countries as well. This paper investigates the strength of the wealth effect across countries. Using a variety of methods, I find evidence of significant wealth effects in the United Kingdom and Canada of a size comparable to that in the United States, reflecting the importance of equities in aggregate household wealth in these countries. A significant wealth effect is also evident in Japan, but because household wealth has changed little on balance in Japan in recent years, this channel has been less important in explaining Japanese consumption growth in the second half of the 1990s. Despite a rapid appreciation in equity prices and an increase in equity ownership in the major continental European countries since 1995, equities remain a less important form of household wealth in most of these countries, and the consumption response to changes in wealth remains limited. However, in some smaller European countries where equity issuance is more common, the emerging evidence suggests that wealth effects may be more important.
Topic:
International Relations, Economics, Globalization, and International Trade and Finance
Political Geography:
United States, United Kingdom, Europe, and Canada

273. Financial Centers and the Geography of Capital Flows

Author:
Francis E. Warnock and Chad Cleaver
Publication Date:
04-2002
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
We examine an assumption common in empirical work on bilateral portfolio capital flows that the countries the flows are attributed to are also the countries of the security's issuer, seller, or ultimate buyer. We do this by estimating U.S. investors' holdings of debt and equities in over 40 countries and, for the same countries, foreign investors' holdings of U.S. debt and equities. A comparison of our estimates with data from benchmark surveys provides insight into U.S. data on international debt and equity transactions. We find that, contrary to the common assumption, the data do not track the location of U.S. investment or the location of investors in U.S. assets very well. Because the U.S. portfolio flow data collection system was designed to measure cross-border transactions with foreign counterparties who are often intermediaries, the majority of the flows are attributed to financial centers. By aggregating our country-level estimates, we find that U.S. data accurately portray net inflows into U.S. equities and net outflows into foreign bonds. However, the data substantially overcount net inflows into U.S. bonds and may undercount net outflows into foreign equities. We conclude with a discussion of the implications of our findings for research on capital flows.
Topic:
International Relations, Economics, and International Trade and Finance
Political Geography:
United States

274. On the Sequencing of Projects, Reputation Building, and Relationship Finance

Author:
David C. Smith, Steven Ongena, and Dominik Egli
Publication Date:
02-2002
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
We study the decision an entrepreneur faces in financing multiple projects and show that relationship financing will arise endogenously in an environment where strategic defaults are likely, even when firms have access to arm's-length financing. Relationship financing allows an entrepreneur to build a private reputation for repayment that reduces the cost of financing. However, in an environment where the risk of strategic default is low, the benefits from reputation building are outweighed by holdup rents extractable by the incumbent lender. Entrepreneurs then choose to finance projects from single or multiple arm's-length lenders.
Topic:
International Relations, Economics, and International Trade and Finance
Political Geography:
United States

275. La calidad del ciudadano. Past and Present. The Nature of Citizenship in Mexico and the United States- 1776-1912

Author:
Erika Pani
Publication Date:
07-2002
Content Type:
Working Paper
Institution:
The Wilson Center
Abstract:
Mexico's transition to democratic rule has triggered much debate about the legacies of the past under which Mexicans must labor. Mexico is seen as emerging from a monolithic, murky and only rarely interrupted authoritarian past, from the Aztec tlatoanis to the PRI. Mexican “political culture” is seen as both the underlying principle and the creature of this historical experience. Some characterize Mexicans as lacking democratic values, with no electoral culture and with their families structured along patriarchic and authoritarian lines. Ironically, this approach, which tries to explain the present by understanding the past, is blatantly unhistorical. It speaks of static, eternal core values, of an unchanging México Profundo that has supposedly lurked inside every Mexican through the ages regardless of class or regional origin. Thus, writes one scholar, “behind an image of modernity and values, lies hidden the arithmetic relationship of dominion and subordination.” The trappings of a modern society barely cover one that is deeply traditional, whose real values and practices are rooted in “the ancient Mesoamerican civilizations.”
Topic:
International Relations, Security, and Regional Cooperation
Political Geography:
United States and Mexico

276. U.S. Policy Toward the Former Yugoslavia

Author:
Steven E. Meyer
Publication Date:
08-2002
Content Type:
Working Paper
Institution:
The Wilson Center
Abstract:
As long as the Cold War framed the international arena, relations between the United States and Yugoslavia were—for the most part—fairly clear and predictable. Both sides played their assigned roles well in the larger East-West drama. For the U.S., Yugoslavia—after Tito and Stalin split in 1948—was the useful, even reliable, strategically-placed, communist antagonist to the Soviet Union. Certainly, Washington complained at times about Yugoslavia's preference for nonalignment and lamented the fact that it was not part of the Western alliance. The fact that Yugoslavia was indeed a communist state that Moscow could not control, however, more than compensated for these “short comings.” As a reward, the U.S. courted Tito, provided economic aid, and paid virtually no attention to how he ran the country—even his brutal rise to power after World War II was of little consequence.
Topic:
International Relations, Foreign Policy, Cold War, and Politics
Political Geography:
United States, Europe, Washington, Soviet Union, and Yugoslavia

277. The Politics of European Enlargement: NATO, the EU and the New U.S.-European Relationship

Author:
Howard J. Wiarda
Publication Date:
02-2002
Content Type:
Working Paper
Institution:
The Wilson Center
Abstract:
Since the fall of the Berlin Wall in 1989 and the end of the Cold War, the main issues in Eastern and Central Europe, and in U.S. and European policy toward the area, have focused on achieving peace and stability, building democracy, accomplishing economic and institutional reform, accelerating growth and modernization, and anchoring and integrating the countries of the area into Europe and its two great “clubs”: the European Union (EU) and the North Atlantic Treaty Organization (NATO). It could be said that the last three goals listed–democracy, economic and institutional reform, and European integration–were all means to the end of achieving peace and stability in this critical area, not known historically for its stable, peaceful politics, as well as to the end of securing a buffer zone on Europe's eastern frontiers that would also function as a means to hem in and limit any future Russian resurgence. What may have begun in strategic planners' eyes as a means to an end, however, has since then taken on a life of its own.
Topic:
International Relations, NATO, Cold War, and International Organization
Political Geography:
Russia, United States, Europe, and North Atlantic

278. Dissuasion as a Strategic Concept

Author:
Richard Kugler
Publication Date:
12-2002
Content Type:
Working Paper
Abstract:
Some analysts want to downplay dissuasion or set it aside entirely because of its ambiguity. But ignoring this emerging idea would be short sighted. Despite its haziness, the term goes to the heart of new-era geopolitics in several key regions, including Asia. If the United States can learn how to dissuade skillfully, its strategic effectiveness in troubled regions will improve significantly. When the idea of deterrence first appeared 50 years ago, it too was ambiguous. During the Cold War, however, it acquired a role of central importance once it was equipped with a full-fledged strategic theory. The same may hold true for dissuasion in the early 21st century—but only if it too is equipped with the full set of analyses and calculations needed to bring it to life.
Topic:
International Relations, Security, and Foreign Policy
Political Geography:
United States and Asia

279. Free Trade, Smart Borders, and Homeland Security: U.S.-Caribbean Cooperation in a New Era of Vulnerability

Author:
Stephen Flynn and Anthony Bryan
Publication Date:
09-2002
Content Type:
Working Paper
Institution:
The North-South Center, University of Miami
Abstract:
In the hours following the collapse of the World Trade Center twin towers on September 11, 2001, the United States applied a tourniquet to the transportation arteries that feed its national economy. The first campaign in the war to protect the U.S. homeland turned out to be an embargo on its own economy. Given the uncertainty surrounding the attacks, freezing its transport networks first and asking questions later was probably appropriate. But then came the hard part—how to resume global trade and travel after U.S. citizens' confidence in the security of their nation had been rocked to core? In the immediate aftermath of the terrorist attacks on the United States, front-line agencies like the U.S. Customs Service, Coast Guard, Immigration and Naturalization Service (INS), Department of Agriculture, and Border Patrol were being called upon to open U.S. borders and seaports once again to legitimate trade and travel. At the same time, they were tasked with exercising increased vigilance in detecting and intercepting would-be terrorists or the means of terrorism, including weapons of mass destruction that might be smuggled in a vehicle, train, truck, or maritime container. Just how the United States arrives at the appropriate balance—between openness to facilitate legitimate commerce and exercising sufficient controls to stem transnational threats to public safety and security—is one of the most critical public policy challenges confronting U.S.-Caribbean relations.
Topic:
International Relations, Security, and International Trade and Finance
Political Geography:
United States and Caribbean

280. Guiding Principles for U.S. Post-Conflict Policy in Iraq

Author:
Frank G. Wisner and Edward P. Djerejian
Publication Date:
12-2002
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Today's Iraq debate is understandably focused on the run-up to possible military action. However, the question of how the United States and the international community should manage post-conflict Iraq is even more consequential, as it will determine the long-term condition of Iraq and the entire Middle East. If Washington does not clearly define its goals for Iraq and build support for them domestically and with its allies and partners, future difficulties are bound to quickly overshadow any initial military success. Put simply, the United States may lose the peace, even if it wins the war.
Topic:
International Relations and Security
Political Geography:
United States, Iraq, Middle East, Arabia, and Arab Countries

281. Sobre Contagios y Remedios: La Heterodoxia Económica del New Deal, La Políca Exterior de Roosevelt y su Impacto sobre la Administracón Cerdenista

Author:
Joge Schiavon
Publication Date:
01-2001
Content Type:
Working Paper
Institution:
Centro de Investigación y Docencia Económicas
Abstract:
The article explores the Mexico-United States bilateral relation during the administrations of Franklin D. Roosevelt and Lazaro Cardenas, in order to better understand how U.S. domestic and foreign policies influence the management of its relation with Mexico, which in turn can facilitate or not the implementation of public policies in the Mexican system. The principal hypothesis is that the New Deal modified the American liberal conception of state intervention in economic and social issues inside the United States, and that this permitted Cardenas' economic heterodoxy, both in political and ideological terms. Evidence is provided to support two points. First, the changes in U.S. foreign policy that resulted from the enactment of the Good Neighbor Policy invested the Cardenas administration with greater autonomy in economics issues. Second, the new economic ideas derived from the New Deal facilitated and justified increased state intervention of Cardenas' government in the economy, using fiscal policy and direct sate participation in economic areas defined as strategic. In sum, this article demonstrates that Roosevelt's domestic and foreign policies generated a permissive environment for the enactment of the most important public policies during the administration of Cardenas, supporting the idea that U.S. internal and international actions directly affect the possibilities of policy implementation in Mexico.
Topic:
International Relations, Foreign Policy, and Government
Political Geography:
United States, America, and Mexico

282. The Bush Administration and the Future of Transatlantic Relations

Author:
Peter Trubowitz
Publication Date:
01-2001
Content Type:
Working Paper
Institution:
Centro de Investigación y Docencia Económicas
Abstract:
This paper, the first of a planned two-part analysis, examines the institutions of paramilitarism, death squads, and warlords in Latin America, with a focus on the case-studies of Mexico and Peru. It begins with an overview of the small comparative literature on paramilitary movements and death squads around the world, seeking to define and clarify the terminology. The literature on "warlordism" is then reviewed, and the similarities and distinctions between paramilitaries and warlords are considered. Lastly, I examine two case-studies that have not, as yet, received extended attention in the comparative literature: Mexico and Colombia. The paper concludes by summarizing the findings and charting a course for future investigations.
Topic:
International Relations, Foreign Policy, and Government
Political Geography:
United States, Colombia, Latin America, and Mexico

283. Foreign Missile Developments and the Ballistic Missile Threat Through 2015

Publication Date:
12-2001
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
The ballistic missile remains a central element in the military arsenals of nations around the globe and almost certainly will retain this status over the next fifteen years. States willingly devote often scarce resources in efforts to develop or acquire ballistic missiles; build the infrastructures necessary to sustain future development and production; and actively pursue technologies, materials, and personnel on the world market to compensate for domestic shortfalls, gain increased expertise, and potentially shorten development timelines.
Topic:
International Relations, Security, Foreign Policy, and Weapons of Mass Destruction
Political Geography:
United States

284. Russia in the International System

Publication Date:
06-2001
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
Russia's Foreign Policy Russian foreign policy in the coming years will be characterized by weakness; frustration--primarily with the United States as the world's preeminent power--over Russia's diminished status; generally cautious international behavior; and a drive to resubjugate, though not reintegrate, the other former Soviet states. The international situation affords Russia time to concentrate on domestic reforms because, for the first time in its history, it does not face significant external threats. But rather than use the breathing space for domestic reforms, Putin is as much--if not more--focused on restoring Russia's self-defined rightful role abroad and seeking to mold the CIS into a counterweight to NATO and the European Union. The Outside World's Views of Russia Russia does not have any genuine allies. Some countries are interested in good relations with Russia, but only as a means to another end. For example, China sees Russia as a counterweight to the United States but values more highly its ties with the United States. Some countries see Russia as a vital arms supplier but resent Russia also selling arms to their rivals (China-India, Iran-Iraq). Pro-Russia business lobbies exist in Germany, Italy, Turkey, and Israel (one-fifth of whose population now consists of Soviet émigres), but they do not single-handedly determine national policies. Europe is the only region that would like to integrate Russia into a security system, but it is divided over national priorities and institutional arrangements as well as put off by some Russian behavior. Most CIS governments do not trust their colossal neighbor, which continues to show an unsettling readiness to intervene in their internal affairs, though they know Russia well and are to a considerable degree comfortable in dealing with it. Turkey has developed an improved dialogue and an unprecedented number of economic ties with Russia during the post-Cold War period, but this more positive pattern of relations has not fully taken root, and Ankara remains suspicious of Moscow's intentions. Since the collapse of the Soviet Union, Moscow's role in the Middle East has been reduced, but Israel, Syria, Egypt, Libya, and Iraq all favor good relations with Russia. Mutual interests also override disagreements in Russian-Iranian relations, but Tehran is wary of Russian behavior, particularly toward Saddam Hussein. India still trusts Russia--a sentiment that is perhaps a residue of the genuine friendship of Cold War days--but clearly not in the same way it once did, and New Delhi fears that weakness will propel Russia into doing things that could drive India further away. In East Asia, the most substantial breakthrough has been the resurrected relationship between Russia and China, one that entails significant longer-term risk for Russia. Other countries in the region value their links with Moscow as a means to balance a more powerful China, or as a useful component of their larger political and economic strategies, but Russia's role in East Asia--as elsewhere--remains constrained by the decline in its political, military, and economic power over the last decade. Russia's Weakness Russia's weakness stems from long-term secular trends and from its domestic structure. In essence, the old nomenklatura and a few newcomers have transformed power into property on the basis of personal networks and created an equilibrium resting on insider dealings. These insiders may jockey for position but have a vested interest in preserving the system. The public does not like the system but is resigned to it and gives priority to the preservation of order. As for the economy, it is divided into a profitable, internationally integrated sector run by oligarchs and a much larger, insulated, low-productivity, old-style paternalistic sector that locks Russia into low growth. No solace will be forthcoming from the international business and energy worlds. They do not expect the poor commercial climate to improve greatly and will not increase investments much beyond current levels until it does. Militarily, Russia will also remain weak. Its nuclear arsenal is of little utility, and Moscow has neither the will nor the means to reform and strengthen its conventional forces. Hope for the Future? The best hope for change in Russia lies with the younger generation. Several participants reported that under-25 Russians have much more in common with their US counterparts, including use of the Internet, than with older Soviet generations. But there was some question over whether the new generation would change the system or adapt to it. Others placed some hope in international institutions, for instance the World Trade Organization, eventually forcing Russia to adapt to the modern world. Dissenting Views Some participants dissented from the overall forecast of depressing continuity. The keynote speaker, James Billington, stated that Russia would not be forever weak and that the current confusion would end in a few years either through the adoption of authoritarian nationalism or federated democracy. One scholar felt the Chechen war was feeding ethnic discord in other areas of the Federation to which Moscow would respond with increased authoritarianism, not necessarily successfully. Finally, a historian observed that the patience of Russians is legendary but not infinite, meaning that we should not be overly deterministic.
Topic:
International Relations, Foreign Policy, and Development
Political Geography:
Russia, United States, China, Middle East, and Israel

285. North Korea's Engagement—Perspectives, Outlook, and Implications

Author:
Mitchell B. Reiss
Publication Date:
02-2001
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
The National Intelligence Council (NIC) held a conference on 23 February 2001 in cooperation with the Federal Research Division of the Library of Congress on "North Korea's Engagement—Perspectives, Outlook and Implications." The conference featured discussion of seven commissioned papers that are published in this report. Sixty government and nongovernment specialists participated in the conference. Following is a brief summary of the views of the specialists.
Topic:
International Relations and Nuclear Weapons
Political Geography:
United States, Asia, and North Korea

286. Drug Trafficking in US-Mexican Relations: The Politics of Simulation

Author:
Jorge Chabat
Publication Date:
01-2000
Content Type:
Working Paper
Institution:
Centro de Investigación y Docencia Económicas
Abstract:
This document presents the hypothesis that the Mexican and U.S. governments are trapped in their current anti-drug strategy. This strategy causes high levels of violence and corruption in Mexican territory, and cannot be changed because it responds to pressures exerted by American public opinion on its own government. One of the consequences is that the U.S. government is compelled annually to certify the Mexican government's fight against drugs. This certification constrains an accurate evaluation of Mexico's combat against narcotrafficking, because it tends to underestimate failures and exaggerate accomplishments. Nevertheless, the possibility of change in the anti-drug strategy is limited, so this scenario is expected to endure for several years. In this sense on can also expect a better integration f Mexican and U.S. anti-drug policies in the near and medium term.
Topic:
International Relations, Crime, and Government
Political Geography:
United States, America, North America, and Mexico

287. Redefining Sovereignty . The Use of Force After the End of the Cold War. New Options, Lawful and Legitimate?

Publication Date:
11-2000
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
The conference was organised by the Institute for International Affairs (IAI) with the support of the Centre for High Defence Studies (CASD), the German Marshall Fund of the United States, the NATO Office for Information and Press and the Thyssen Foundation. It was held in Rome, at the Centre for High Defence Studies, on 24 and 25 November 2000.
Topic:
International Relations, Security, NATO, Cold War, Human Rights, and Peace Studies
Political Geography:
United States, Germany, and Rome

288. East Asia and the United States: Current Status and Five-Year Outlook

Publication Date:
09-2000
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
The National Intelligence Council and the Federal Research Division of the Library of Congress held a one-day unclassified conference on this topic on 17 February 2000, at the Thomas Jefferson Building of the Library of Congress. Seven papers by nongovernment specialists and 11 commentaries by Intelligence Community specialists examined: The likely development of greater divergence or convergence between key East Asian states and the United States over US policies and interests in the region. Whether divergence or convergence between East Asian states and the United States was more likely on security, economic, or political/values questions. In what ways East Asian states would be likely to collaborate in opposition to US policies and interests. Sixty US Intelligence Community, other Executive Branch, congressional, and nongovernment experts participated actively in discussions following the formal papers and commentaries, reinforcing the findings presented below.
Topic:
International Relations and Foreign Policy
Political Geography:
United States and East Asia

289. The United States, Japan, and China: Setting the Course

Author:
Neil E. Silver
Publication Date:
04-2000
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
The political dynamics of China-Japan relations have changed in reaction to three events: the demise of bipolar world politics, China's ''rise,'' and Japan's unexpected economic stall. These changed political dynamics have brought important challenges and consequences for the United States.
Topic:
International Relations and Security
Political Geography:
United States, Japan, China, Israel, East Asia, and Asia

290. Bosnia's November Elections: Dayton Stumbles

Publication Date:
12-2000
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
Despite five years and five billion US dollars of international community investment in Bosnia, the 11 November Bosnian elections demonstrated once again that international engagement has failed to provide a sustainable basis for a functioning state, capable of surviving an international withdrawal.
Topic:
International Relations, Politics, and Treaties and Agreements
Political Geography:
United States, Bosnia, and Eastern Europe

291. Foreign Missile Developments and the Ballistic Missile Threat to the United States Through 2015

Publication Date:
09-1999
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
The worldwide ballistic missile proliferation problem has continued to evolve during the past year. The proliferation of technology and components continues. The capabilities of the missiles in the countries seeking to acquire them are growing, a fact underscored by North Korea's launch of the Taepo Dong-1 in August 1998. The number of missiles in these countries is also increasing. Medium- and short-range ballistic missile systems, particularly if armed with weapons of mass destruction (WMD) warheads, already pose a significant, threat to US interests, military forces, and allies overseas. We have seen increased trade and cooperation among countries that have been recipients of missile technologies from others. Finally, some countries continue to work toward longer-range systems, including ICBMs.
Topic:
International Relations, Arms Control and Proliferation, and Political Economy
Political Geography:
United States and North Korea

292. China's Future: Implications for US Interests

Author:
Robert Sutter
Publication Date:
09-1999
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
The National Intelligence Council and the Federal Research Division of the Library of Congress hosted an all-day seminar at the Library of Congress on September 24, 1999 assessing the five-year outlook for China's domestic development and international security behavior. Entitled "China's Future--Implications for the United States," the seminar featured seven formal presentations by prominent academic specialists complemented by commentaries by nine China specialists from the US Intelligence Community. The Directors of the China offices in the State and Defense Departments offered concluding remarks on the implications of the conference findings for US policy toward China. Panelists and commentators focused specifically on political leaders and institutions, economic and social trends, security and foreign policies, and the overall prospects for China through 2005 (see seminar program). The main thrust of the deliberations reflected cautious optimism about China's future. The regime appears resilient enough to deal with most anticipated problems internally. China is wary of the United States and is gradually building military power. But unless Beijing is challenged by unexpected circumstances, China is unlikely to break with the United States or engage in disruptive military buildups or aggressive foreign behavior.
Topic:
International Relations and Politics
Political Geography:
United States and China

293. Northeast Asia: Static but Stable

Publication Date:
07-1999
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
This memorandum was prepared by the National Intelligence Officer for East Asia based on a meeting held on 7 July 1999. The National Intelligence Council (NIC) routinely sponsors meetings with outside experts to gain knowledge and insights to sharpen the level of debate on critical issues. The views expressed in this meeting summary are those of individuals and do not represent official US Government positions or views.
Topic:
International Relations, Security, and Economics
Political Geography:
United States and Asia

294. Blunder in the Balkans: The Clinton Administration's Bungled War against Serbia

Author:
Christopher Layne
Publication Date:
05-1999
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
The Clinton administration has made one miscalculation after another in dealing with the Kosovo crisis. U.S. officials and their NATO colleagues never understood the historical and emotional importance of Kosovo to the Serbia n people, believing instead that Belgrade's harsh repression of the ethnic Albanian secessionist movement in Kosovo merely reflected the will of President Slobodan Milosevic of Yugoslavia. The administration's foreign policy team mistakenly concluded that, under a threat of air strikes, the Yugoslav government would sign a dictate d peace accord (the Rambouillet agreement) to be implemented by a NATO peacekeeping force in Kosovo. Even if Milosevic initially refused to sign the Rambouillet agreement, administration leaders believed that Belgrade would relent after a brief “demonstration” bombing campaign. Those calculations proved to be disastrously wrong.
Topic:
Conflict Resolution, International Relations, Foreign Policy, NATO, and Ethnic Conflict
Political Geography:
Russia, United States, China, Europe, Eastern Europe, Asia, Kosovo, Yugoslavia, Serbia, Balkans, and Albania

295. The Nonproliferation Regime under Siege

Author:
George Bunn
Publication Date:
09-1999
Content Type:
Working Paper
Institution:
Center for International Security and Cooperation (CISAC), Stanford University
Abstract:
The nuclear nonproliferation regime was challenged in 1998 by nuclear-weapon tests in India and Pakistan, by medium-range missile tests in those countries and in Iran and North Korea, by Iraq's defiance of UN Security Council resolutions requiring it to complete its disclosure of efforts to acquire weapons of mass destruction, and by the combination of “loose nukes” and economic collapse in Russia. Additional threats to the regime's vitality came in 1999 from the erosion of American relations with both China and Russia that resulted from NATO's 1999 bombing of Yugoslavia—with additional harm to relations with China resulting from U.S. accusations of Chinese nuclear espionage and Taiwan's announcement that it was a state separate from China despite its earlier acceptance of a U.S.-Chinese “one China” agreement. Major threats to the regime also came from the continued stalemate on arms-control treaties in the Russian Duma and the U.S. Senate, from a change in U.S. policy to favor building a national defense against missile attack, and from a Russian decision to develop a new generation of small tactical nuclear weapons for defense against conventional attack.
Topic:
International Relations, Arms Control and Proliferation, Economics, Government, and Nuclear Weapons
Political Geography:
Pakistan, Russia, United States, China, Europe, Iran, South Asia, Middle East, Israel, East Asia, Asia, and Korea