Search

Begin New Search Topic International Relations Political Geography Asia

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

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

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

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

303. Crisis and Consensus; America and ASEAN in a New Global Context

Author:
Donald K. Emmerson
Publication Date:
02-2009
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
No crisis is uniformly global. The suffering and the opportunity that a “global” crisis entails are always unevenly distributed across countries, and unevenly across the population inside any one country. That said, one can nevertheless argue that we—not the old royal “we” but, more presumptuously, the new global “we”—are in January 2009 experiencing the latest of four dramatic changes that major parts of the world have undergone over the last twenty years. In 1989, of course, the Berlin Wall was breached, ending the Cold War, followed by the implosion of Lenin's Soviet dystopia two years later. Nor did the 1989 massacre of proreform demonstrators in Tiananmen Square revive a command economy in China. Instead it kept the polity shut so that Deng's economy could continue to open.
Topic:
International Relations, Globalization, and International Political Economy
Political Geography:
United States, China, America, Israel, Asia, and Berlin

304. Japan between Alliance and Community

Author:
Yul Sohn
Publication Date:
08-2009
Content Type:
Working Paper
Institution:
East Asia Institute (EAI)
Abstract:
In a series of town hall meetings during the winter of 2005–2006, Aso Taro, then Minister of Foreign Affairs under the Koizumi cabinet, introduced an interesting concept of Japan’s role in Asia. Japan can and should play the role of a “thought leader,” who through fate has been forced to face certain very difficult issues earlier than others. Because Japan has put great effort, both monetarily and socio-politically, into resolving issues that include ultra-nationalism, an aging society, and environmental protection, it has become the forerunner for other Asians to emulate (Aso 2005). This role as a soft power leader contrasts with the existing hard power–oriented (i.e., economic) discourse of international contribution as well as the conventional soft power discourse that is rooted in the Japanese culture and sensibilities, such as animation, fashion, and cultural products. Japan’s strength lies in the firstmover knowledge it provides for Asia, creating a network of knowledge available to others (Aso 2006). Three years later, Aso, this time as the Japanese Prime Minister, proudly announced a "Growth Initiative" that planned to double the current scale of Asia's economy by 2020 (Aso 2009a). This initiative, Aso’s first and thus far most important vision for Asia as Prime Minister, is aimed at moving Asia's economy from one driven by exports to one led by domestic demand, through encouraging region-wide development and expanded consumption. To make this effort, Japan has committed (a) US$20 billion in overseas development assistance (ODA); (b) US$20 billion for infrastructure development in Asia; (c) US$5 billion over two years for an initiative investing in Asian environmental projects; and (d) US$22 billion over two years to provide additional support for trade financing in order to underpin trade credit, and so on. Japan will mobilize all possible policy measures to support the efforts being made by Asian countries. In addition, Aso seeks to increase the attractiveness of Japan by utilizing cultural sources (such as manga, animation, fashion, authentic food) to create jobs in Japan and the region (Aso 2009b). Aso’s recent initiative appears to have tilted in a direction different from his earlier vision of Japan as a thought leader, a well thought out and creative idea. Today, given Japan’s rapid economic contraction caused by its “once in a century” crisis, Japan finds it difficult to attain the regional leadership it desires merely by spending more money. Utilizing cultural resources will yield only a limited outcome. Finally, the initiative is targeted at Southeast Asia and the Pacific, with few attempts to assist or engage the members of Northeast Asia such as China and South Korea. Japan has so far failed to play its desired role as a thought leader for Asia. The inconsistency between words and actions underlines the strategic dilemmas that Japan has faced as China has risen to be a formidable rival in the region.
Topic:
International Relations, Diplomacy, Culture, Alliance, and Community
Political Geography:
Japan and Asia

305. The Foreign Policy of Iran: Ideology and pragmatism in the Islamic Republic

Author:
Katrine Barnekow Rasmussen
Publication Date:
03-2009
Content Type:
Policy Brief
Institution:
Danish Institute for International Studies (DIIS)
Abstract:
This is a brief English version of a Danish DIIS Report on the foreign policy of Iran. In the Report, Iran's foreign policy is investigated both ideologically and in respect of its pragmatic motivations.
Topic:
International Relations, Security, Foreign Policy, Islam, Oil, and Weapons of Mass Destruction
Political Geography:
United States, Iran, and Asia

306. China's $1.7 Trillion Bet: China's External Portfolio and Dollar Reserves

Author:
Brad W. Setser and Arpana Pandey
Publication Date:
01-2009
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
China reported $1.95 trillion in foreign exchange reserves at the end of 2008. This is by far the largest stockpile of foreign exchange in the world: China holds roughly two times more reserves than Japan, and four times more than either Russia or Saudi Arabia. Moreover, China's true foreign port- folio exceeds its disclosed foreign exchange reserves. At the end of December, the State Administration of Foreign Exchange (SAFE)—part of the People's Bank of China (PBoC) managed close to $2.1 trillion: $1.95 trillion in formal reserves and between $108 and $158 billion in “other foreign assets.” China's state banks and the China Investment Corporation (CIC), China's sovereign wealth fund, together manage another $250 billion or so. This puts China's total holdings of foreign assets at over $2.3 trillion. That is over 50 percent of China's gross domestic product (GDP), or roughly $2,000 per Chinese inhabitant.
Topic:
International Relations, Debt, Economics, Emerging Markets, and International Trade and Finance
Political Geography:
Russia, United States, China, Israel, Asia, and Saudi Arabia

307. WSC 5: Protecting People, Economies, and Infrastructure

Author:
Christine Lynch, Devon Tucker, Michael Harvey, and Jacqueline McLaren Miller
Publication Date:
02-2009
Content Type:
Policy Brief
Institution:
EastWest Institute
Abstract:
Drawing on a diverse array of opinions from Africa, Asia, Europe, and North America, the EastWest Institute's Fifth Worldwide Security Conference brought together specialists from the spheres of policy, academia, and civil society. Participants addressed a variety of issues on the contemporary global security landscape. These ranged from specific security threats (whether illicit trade, the targeting of critical infrastructure or cyber crime) to the role of interested actors (such as business, NGOs, and media), as well as a focus on potential strategies to counter terrorism and extremism (either in terms of constructing global cooperative architectures or, more controversially, the possibility of opening dialogue with the terrorists). A variety of policy recommendations emerged from each session—detailed in the main body of the report—but there were several recurring themes binding the debate together and animating the core arguments of proceedings as a whole. These policy recommendations were not necessarily consensus recommendations but reflected a wide range of debated policy prescriptions.
Topic:
International Relations, Security, Economics, Education, Globalization, Human Rights, International Security, and Political Theory
Political Geography:
Africa, Europe, Asia, and North America

308. Turkey and Armenia: Opening Minds, Opening Borders

Publication Date:
04-2009
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
Turkey and Armenia are close to settling a dispute that has long roiled Caucasus politics, isolated Armenia and cast a shadow over Turkey's European Union (EU) ambition. For a decade and a half, relations have been poisoned by disagreement about issues including how to address a common past and compensate for crimes, territorial disputes, distrust bred in Soviet times and Armenian occupation of Azerbaijani land. But recently, progressively intense official engagement, civil society interaction and public opinion change have transformed the relationship, bringing both sides to the brink of an historic agreement to open borders, establish diplomatic ties and begin joint work on reconciliation. They should seize this opportunity to normalise. The politicised debate whether to recognise as genocide the destruction of much of the Ottoman Armenian population and the stalemated Armenia-Azerbaijan conflict over Nagorno-Karabakh should not halt momentum. The U.S., EU, Russia and others should maintain support for reconciliation and avoid harming it with statements about history at a critical and promising time.
Topic:
International Relations, Diplomacy, Genocide, Regional Cooperation, and Treaties and Agreements
Political Geography:
Russia, United States, Europe, Turkey, Caucasus, Asia, Soviet Union, Armenia, and Azerbaijan

309. Challenges for the next U.S. president: Hopes and Realities

Author:
Gerald LeMelle
Publication Date:
01-2009
Content Type:
Working Paper
Institution:
Africa Policy Information Center
Abstract:
Welcome to International Affairs Forum's fourth special publication. We are once again delighted to be able to offer our readers a diverse collection of views, and I hope everyone will find something of interest. I think this publication stands out not only because of the quality of contributors, who have been generous enough to give up their valuable time over such a busy period, but also the range of subjects and geographical reach—we have contributors based on four continents and from nine countries covering everything from defense policy through Brand America and U.S.-India relations. I don't wish to add anything to the enormous amount of ink spilled over the historic nature of the recent election, except to say that whatever one's views of the past eight years—and this publication contains a full range of them—living in Tokyo has demonstrated to me time and again that although this is the Asian century, the world's eyes have been, and still are, very much on the United States of America and what Barack Obama will do in office.
Topic:
International Relations, Foreign Policy, Diplomacy, and Government
Political Geography:
United States, America, India, Asia, and Tokyo

310. Davutoğlu Era in Turkish Foreign Policy

Author:
Bülent Aras
Publication Date:
05-2009
Content Type:
Policy Brief
Institution:
SETA Foundation for Political, Economic and Social Research
Abstract:
Ahmet Davutoğlu was appointed Foreign Minister of Turkey on May 1, 2009. Chief advisor to the Prime Minister since 2002, Davutoğlu is known as the intellectual architect of Turkish foreign policy under the AK Party. He articulated a novel foreign policy vision and succeeded, to a considerable extent, in changing the rhetoric and practice of Turkish foreign policy. Turkey's new dynamic and multidimensional foreign policy line is visible on the ground, most notably to date in the country's numerous and significant efforts to address chronic problems in the neighboring regions. Davutoğlu's duty will now shift from the intellectual design of policies to greater actual involvement in foreign policy, as he undertakes his new responsibilities as Minister of Foreign Affairs. The Davutoğlu era in Turkish foreign policy will deepen Turkey's involvement in regional politics, international organizations, and world politics.
Topic:
International Relations, Foreign Policy, and Power Politics
Political Geography:
Turkey and Asia