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11. Managing Global Disorder: Prospects for U.S.-China Cooperation

Author:
Council on Foreign Relations
Publication Date:
04-2018
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Emerging challenges to international order require cooperation between the United States and China, two countries that share a common interest in preventing the world from becoming more dangerous and disorderly. U.S.-China relations are becoming more strained and antagonistic, however, and the prospects for cooperation appear to be receding. To explore whether there are still grounds for cooperation on issues of common concern between the two countries, in March 2018 the Center for Preventive Action (CPA) at the Council on Foreign Relations convened a group of fifteen experts from the United States and China for the workshop “Managing Global Disorder: Prospects for U.S.-China Cooperation.” CPA partnered with Peking University’s School of International Studies in Beijing for the workshop and also met with experts at the China Institutes of Contemporary International Relations in Beijing and the Shanghai Institutes for International Studies in Shanghai. During the workshop, President Donald J. Trump announced plans to impose about $60 billion in new tariffs on Chinese imports. While trade was a major topic of discussion, it was by no means the only area discussed. Workshop participants assessed conflicting views of the sources of global disorder and examined areas of global governance such as international trade, development, the environment, and the future of various multilateral institutions. They also discussed the most pressing security challenges in East and Southwest Asia. Participants highlighted the need for a greater understanding between the United States and China on the evolving international order. No major transnational problems will be solved without some cooperation between the two powers. It is therefore imperative that the two countries avoid a further deterioration of the relationship and instead identify areas of potential cooperation.
Topic:
International Cooperation, International Trade and Finance, Tariffs, and Social Order
Political Geography:
United States, China, Asia, and North America

12. Sharing Classified Cyber Threat Information With the Private Sector

Author:
Robert K. Knake
Publication Date:
05-2018
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
The U.S. government and private industry have been stuck at an impasse concerning cybersecurity information sharing for over a decade. While the Barack Obama administration rolled out executive and legislative efforts to increase information sharing, many U.S. companies still argue that the federal government should do more to provide them with useful intelligence on cyber threats. But the U.S. intelligence community argues that greater declassification and sharing of information with private companies could put technical sources and methods at risk. Fixes to this problem exist. The Department of Defense already provides a classified network for cleared defense contractors to receive intelligence on threats to their companies. Replicating this network for cyber threats has long been discussed as a way to share more information with the financial sector, electricity suppliers, and other private-sector entities critical to the U.S. economy. Expanding this network requires increasing the number of cleared personnel and of facilities that can hold classified information, as well as changing intelligence collection priorities. These hurdles can be addressed by cooperative efforts between the public and private sectors. As a crucial first step, the U.S. government should begin the targeted collection of intelligence on cyber threats to critical infrastructure. To disseminate this information, the government should establish security standards different from those applicable to defense contractors to determine who may hold clearances.
Topic:
Security, Cybersecurity, Information Age, and Private Sector
Political Geography:
United States and North America

13. The U.S.-Southeast Asia Relationship: Responding to China’s Rise

Author:
Council on Foreign Relations
Publication Date:
05-2018
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Although the Barack Obama administration rhetorically made Southeast Asia a centerpiece of its “rebalance to Asia” strategy, the administration still largely focused on the Middle East and Europe, and Southeast Asia remained a low U.S. policy priority. The Obama administration did try to boost U.S. economic ties with Southeast Asia in 2016 by forging the Trans-Pacific Partnership (TPP), but that trade deal was broadly unpopular in the United States. The following year, the Donald J. Trump administration ended U.S. participation in the TPP, and it also suggested launching punitive economic measures against Southeast Asian states currently running trade surpluses with the United States. Many Southeast Asian leaders now worry that Washington has no clear security or economic strategy for the region, other than applying pressure on Beijing to respect freedom of navigation in the South China Sea. In this perceived void of U.S. leadership and strategy, workshop participants assessed how Southeast Asia might change as China becomes an increasingly dominant regional security and economic actor. They also discussed the future of U.S. strategic and economic relationships with important partners in the region, including Indonesia, the Philippines, Singapore, Thailand, and Vietnam. Participants further considered how China might use its growing leverage in Southeast Asia, and whether Beijing’s tactics could backfire. Finally, several workshop participants posited that the United States, China, and Southeast Asian states could cooperate on at least some nontraditional security issues, such as combating piracy and terrorism.
Topic:
Diplomacy, International Cooperation, International Trade and Finance, and Economic Cooperation
Political Geography:
United States, China, Asia, and Southeast Asia

14. Domesticating the Giant: The Global Governance of Migration

Author:
Patrycja Sasnal
Publication Date:
06-2018
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Migration is a natural and defining phenomenon of the globalized world. The challenge of governing migration lies in its inevitability, volume, and heterogeneity. As a portion of the global population, migrants represent around 3 percent, but their absolute number is rising. There were 170 million migrants in 2000; today there are roughly 260 million. Migration levels will certainly grow while hostilities continue in the most conflict-ridden regions of sub-Saharan Africa and the Middle East, the global wealth gap persists, climate change aggravates living conditions in many areas, and the poorer half of the globe becomes more populous. Moreover, migration is a complex heterogeneous process. Depending on the cause, duration, and legality, migration can be voluntary or forced (refugees and internally displaced persons, including survival migrants such as climate and disaster refugees), permanent or circular, regular or irregular. Politically, migration poses a twofold challenge: balancing security and freedom and harmonizing international obligations with domestic laws. Traditional discussion of migratory movements divided the world into the sending global south and the receiving global north. Interests of the former lay primarily in safeguarding the rights of their citizens regardless of immigration status and ensuring remittance flow. Interests of the latter lay in accommodating the “useful” migrants and restricting the rest. With the shifts in global wealth distribution, this division is losing tenacity. Countries that once were sending migrants are also receiving them today. For nations, migration affects the most rudimentary pillar of sovereignty (national borders), the core of democratic political systems (human rights), and atavistic social needs (national identity). Perceptions of migration affect political popularity: political parties are tempted to use selective, mostly negative, aspects of migration to rally the electorate around national identities. This in turn disproportionately, and often contrary to the objective needs of the host countries, vilifies migration generally. Political opposition to migration occurs despite a consensus that the economies of both sending and receiving countries benefit economically from migration. Even though the sending countries may experience labor and brain drain, they benefit from remittance flows from receiving countries; similarly, the receiving countries get a boost of human capital.
Topic:
Human Rights, Migration, United Nations, and Governance
Political Geography:
Global Focus

15. Digital Decarbonization

Author:
Varun Sivaram
Publication Date:
06-2018
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
In2017,theEconomistproclaimedthatdatawasthenewoil. Justastrade in oil has underpinned the global economy for a century, flows of data— the most valuable resource of the twenty-first century—now drive eco- nomic value. Indeed, in 2017, all five of the world’s most valuable publicly traded companies specialized in digital technologies, whereas just a decade earlier three of the top five companies were in the energy sector. This does not mean that the energy sector has been left behind by the digital revolution. To the contrary, digitalization is at the heart of the tectonic shifts that are starting to reshape the energy landscape. As energy industries produce ever more data, firms are harnessing greater computing power, advances in data science, and increased digital con- nectivity to exploit that data. These trends have the potential to trans-form the way energy is produced, transported, and consumed. An important potential benefit of this digital transformation of energy is a reduction in global emissions of greenhouse gases that cause climate change; the elimination of such emissions from the global economy is known as decarbonization. By enabling clean energy sys- tems that rely on low-carbon energy sources and are highly efficient in using energy, digital innovations in the energy sector can speed decar- bonization. Yet they are not guaranteed to do so. In fact, digital innova- tions could well increase global greenhouse emissions, for example, by making it easier to extract fossil fuels.
Topic:
Climate Change, Environment, Science and Technology, and Digital Economy
Political Geography:
Global Focus

16. Global Monetary Policy Divergence and the Reemergence of Global Imbalances

Author:
Daniel Gros
Publication Date:
06-2018
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Developed economies are paying remarkably little attention to coordinating their monetary policies. This is an unavoidable consequence of the independence of central banks, which faithfully follow their purely domestic mandates except in times of crisis. As a result, global monetary policies have reached unprecedented levels of divergence. This divergence is set to widen—primarily due to differences in the relative strength of labor markets—while global current account imbalances return. Meanwhile, exchange rates have not reacted as economists expected; the dollar has weakened even as policy rates have increased. Economic tensions will likely become more disruptive the longer global imbalances go uncorrected. Likewise, the global economy will become more vulnerable to shocks. Yet by focusing on bilateral trade imbalances, the United States has mistakenly singled out China when the global imbalances between the United States and the eurozone is the more critical issue. The growing global imbalances are reflected more in the eurozone current account surplus and U.S. fiscal policy than in China’s shrinking surplus.
Topic:
International Trade and Finance, Monetary Policy, Exchange Rate Policy, and Economic Inequality
Political Geography:
Global Focus

17. Managing Global Disorder: Prospects for Transatlantic Cooperation

Author:
Council on Foreign Relations
Publication Date:
08-2018
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Despite recent turbulence in the transatlantic relationship, the United States and the European Union share a common interest in managing emerging sources of global disorder. To explore prospects for and challenges to transatlantic cooperation, the Center for Preventive Action at the Council on Foreign Relations convened an international group of twenty-three experts at the Tufts University Center in Talloires, France, on July 12–13, 2018, for the workshop “Managing Global Disorder: Prospects for Transatlantic Cooperation.” The workshop is the third in a series of meetings supported by the Carnegie Corporation of New York. It is premised on the belief that the United States, China, the European Union, and Russia not only share a common interest in preventing the world from becoming more dangerous and disorderly, but also that the nature and scope of this task necessitates cooperation among them. Workshop participants discussed their perceptions of the growing sources of disorder in the world, examined areas of strategic cooperation, and explored where the United States and the European Union might work together to address a variety of regional concerns emanating from Africa, China, the Middle East, and Russia. While highlighting how the two can work together to address increasing political instability and violent conflict, participants also cited the importance of the transatlantic relationship in preventing or mitigating the demise of the liberal international order.
Topic:
Foreign Policy, International Cooperation, European Union, and Transatlantic Relations
Political Geography:
United States, Europe, North America, and Atlantic Ocean

18. Global Governance to Combat Illicit Financial Flows

Author:
Council on Foreign Relations
Publication Date:
10-2018
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
International efforts to curb illicit financial flows (IFFs) resemble post–Cold War collaboration in other issue areas that have risen on the global agenda: climate change, global health, internet govern- ance, and cybersecurity. Nongovernmental actors, including private corporations and nongovern- mental organizations (NGOs), have often driven agenda-setting in those domains. The focus has shifted over time, as new issues have been added and as older issues have assumed renewed im- portance. That reshaped agenda has in turn affected the institutional ecosystem of global action, which is captured only in part by formal and informal intergovernmental institutions. These new is- sue areas are characterized not by a single dominant institution or core set of institutions but by mul- tiple clusters of institutions that have each claimed a segment of the agenda and the instruments of cooperation. The result is a fragmented landscape with disjointed actors and organizations that often compete, collaborate, and act in parallel in pursuing their collective ends.1 The term of art for such an institutional landscape, one with several institutional or legal founda- tions, is “regime complex.”1 The regime complex for combating IFFs differs in its complexity from other, similar issue areas. Defining IFFs produces disagreement among researchers, activists, and policymakers. “Illicit” captures a normative judgment perhaps broader than “illegal.” For law en- forcement, IFFs are framed by predicate crimes, activities that are illegal in one jurisdiction or anoth- er and often of greater interest to authorities than IFFs. For those interested in broader global out- comes, such as the effects of IFFs on economic development, “illicit” could include cross-border fi- nancial flows associated with activities that they believe should be forbidden, such as tax avoidance by multinational corporations (MNCs). Those activities may not be illegal, however.2 These categories shift over time: bribery of foreign officials by corporations based in Organization for Economic Co- operation and Development (OECD) countries was made illegal in the United States well before it was criminalized in other industrialized countries. Variations in national treatment of both IFFs of certain kinds and the underlying predicate crimes have made harmonization of national policies and their implementation in many IFF domains difficult. IFFs are also one of the most important features of globalization’s dark side. Unlike other illicit or dangerous cross-border flows, however, IFFs bear almost no markers in and of themselves: pecunia non olet. Tainted food, endangered species, and dangerous individuals all present fewer problems of identification. For IFFs, it is suspicious activity rather than a characteristic of the funds themselves that generates the attention of those attempting to curb the flows. These definitional and identification problems make measuring the effectiveness of counter-IFF policies more difficult than assessing the effectiveness of policies in other issue areas. As many skep- tics and critics have pointed out, without a clear grasp of the scale of underlying flows, the scale of effects, though perhaps not the direction, of policies to counter those flows cannot reliably be deter- mined.3 If the costs of enforcement and compliance or unintended negative effects are included in estimates, the balance sheet becomes even more uncertain. International collaboration to curb IFFs and domestic measures to support that collaboration are directed to a wide array of predicate crimes that produce IFFs (drug trafficking, terrorism, or tax eva- sion) or to negative externalities (global “bads,” such as corruption) that both support IFFs and are sustained and promoted by them. This diversity of IFF sources and effects, and the public policy goals that follow, mobilize an unusually large number of actors: law enforcement agencies, financial super- visors and ministries, private financial institutions, and NGOs. These actors are interested more in certain IFFs and predicate crimes than in others. The links between specific crimes or categories of crime and larger global outcomes of interest, whether economic development or international securi- ty, are often second or third order. As a result, political attention to these issues—and willingness to bear the costs of implementation—fluctuates over time and across jurisdictions. As Peter Reuter and Edwin M. Truman observed in their classic 2004 account, the anti–money laundering (AML) regime (a subset of the complex countering IFFs) “reflects shifting priorities, compromises, and trade-offs.”4 This variation over time is particularly important in combating IFFs, because enforcement depends largely on national governments and both their incentives and their capacity to enact anti-IFF poli- cies. Financial markets and naming-and-shaming campaigns can strengthen those national efforts; they can also direct attention and effort against particular IFFs. However, they cannot substitute en- tirely for government action. What follows is a summary and introduction to organized international efforts to combat IFFs. In order to limit the policy universe, the narrower definition of IFFs used by the World Bank—“money illegally earned, transferred, or used that crosses borders”—will be used to define the wider interna- tional regime complex to combat IFFs.5 Mapping the institutions and actors involved in this issue area over time will capture the evolution of the global IFF agenda and the politics surrounding its de- velopment and implementation.
Topic:
International Trade and Finance, Governance, Institutionalism, and Illegal Trade
Political Geography:
Global Focus

19. Women and the Law

Author:
Council on Foreign Relations
Publication Date:
10-2018
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
The connection between women’s economic participation and global prosperity is undeniable. Over the past two decades, international organizations and world leaders have increasingly recognized how critical women’s economic empowerment and financial inclusion are to economic prosperity and growth. Analyses from the International Monetary Fund (IMF), Organization for Economic Cooperation and Development, the World Bank, and other leading institutions demon- strate the growth potential of women’s increased economic partici- pation. UN frameworks such as the Sustainable Development Goals recognize the relationship between economic opportunity for women and development, and include time-bound targets—such as equal access to financial services, natural resources, and technology, and equality in property ownership and inheritance—to advance women’s economic participation. However, despite growing awareness that women’s economic empowerment is critical to women, their families, and broader eco- nomic prosperity, many countries still legally undermine women’s economic participation and undervalue women’s work. Of the 189 economies surveyed in the World Bank’s Women, Business and the Law 2018 report, 90 percent have at least one regulation that impedes wom- en’s economic opportunities. More than one hundred economies still prevent women from working in certain jobs; fifty-nine economies provide no legal recourse to women who experience sexual harassment in the workplace; and in eighteen countries, men can legally prevent their wives from working outside the home. An array of other legal barriers—from limitations on access to finance to laws restricting women’s agency and mobility—prevent women from fully participat- ing in the economy. Even in 2018, the legal landscape for women in the economy fails to reflect the value women’s participation adds to eco- nomic growth. But change is on the horizon. Over the last decade, several countries have enacted legal reforms that significantly advance women’s rights. Today, all but thirty-two countries legally guarantee gender equality in their constitutions, and a record number of countries now have laws prohibiting discrimina- tion or violence against women. While these gains—rightfully cel- ebrated—show that progress is possible, proposals to eliminate the critical barriers that limit women’s economic potential remain absent from mainstream discussions on international and national economic policy, and barriers to female economic enfranchisement persist in every region of the world. In order to realize the economic potential of 50 percent of the world’s population, nations need to do more to level the legal playing field for women. This volume collects in-depth analysis and commen- tary on legal barriers to women’s economic participation, with a focus on five areas in which the greatest obstacles to women’s economic par- ticipation endure: financial inclusion, identification laws, land rights, workplace discrimination, and family law. In the opening essay, I make the economic case for eliminating legal barriers that inhibit women’s economic participation. Closing gender gaps in the workplace could add an estimated $12 trillion to the global economy. Countries simply cannot afford to waste this economic poten- tial—and governments from Saudi Arabia to Japan are taking notice and enacting policies to promote women’s workforce participation. A web of discriminatory laws impedes women’s access to financial services and undermines their capacity to borrow, save, or obtain insur- ance. In an essay on financial inclusion, Council on Foreign Relations (CFR) Senior Fellow Jamille Bigio highlights how banks stand to ben- efit economically by ensuring women’s access to and use of financial services, by sharing the experience of a Nigerian woman who employed digital tools to save for her daughter’s school fees. CFR Senior Fellow Gayle Tzemach Lemmon, reporting on a successful financial inclusion program in Tanzania, explores how education can help women over- come legal and social barriers to opening bank accounts. The economic case for legal reform to promote women’s financial inclusion is strong: when women can use financial services without spousal consent and have control over where they live, and when unpaid work is recognized in marital property regimes, gender gaps in financial inclusion are nar- rowed. Legal reform needs to be a central component of any strategy to advance women’s access to and use of savings, credit, and insurance.
Topic:
Gender Issues, Women, Feminism, and Participation
Political Geography:
Global Focus

20. Arctic Governance

Author:
Zhao Long
Publication Date:
11-2018
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Over the past few decades, climate change and globalization have dramatically transformed the Arctic. As a result of global warming, the Arctic sea ice has been melting rapidly, potentially easing access to natural resources and opening up new maritime routes in the region. These changes have increased global attention on potential commercial opportunities, research, and peace and stability in the region. As national governments, international institutions, and nonstate actors explore different approaches to Arctic governance, a cohesive regime complex—a set of functionally specific regimes that together serve as a foundation for efficient governance—that integrates existing frameworks could help address the environmental, economic, sociocultural, and geopolitical challenges this region faces. The recent transformation of the Arctic is driven largely by sea ice melting at an accelerated rate. Between 1979 and 2015, the Arctic sea ice extent—the surface area of the ocean covered by sea ice—decreased by 4.7 percent per decade and the thickness of sea ice dwindled by 10 to 15 percent. Even if global temperature rises by less than 2 degrees Celsius above pre-industrial levels, the Arctic could see a sea ice–free summer at least once a decade. Decreased sea ice allows for additional human activity in the Arctic; this in turn exacerbates the damage to the Arctic ecosystem. Decreasing sea ice and permafrost—as a result of which more fresh water enters the Arctic Ocean—can change weather and climate conditions in other parts of the globe.
Topic:
Climate Change, Environment, International Cooperation, and Governance
Political Geography:
Arctic