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  • Author: Daniel Okimoto
  • Publication Date: 01-1998
  • Content Type: Working Paper
  • Institution: Asia-Pacific Research Center
  • Abstract: By almost any criterion of success—be it cost–effectiveness, risk–reward ratio, multiplier effects, or sheer longevity, the Japan America Security Alliance (JASA) stands out as one of the most successful alliances in twentieth century history. For the United States, chief architect of a global network of military relationships, JASA is arguably the most important of its many bilateral alliances. In terms of historic impact, JASA is comparable to the North Atlantic Treaty Organization (NATO), a multilateral alliance that restructured the European security landscape in 1949. For nearly a half–century, JASA and NATO have functioned as the bedrock on which the Cold War security systems of Asia and Europe have been constructed.
  • Topic: Security
  • Political Geography: United States, Japan, America, Europe, Asia
  • Author: Robert D. Blackwill, Kristin Archick
  • Publication Date: 04-1998
  • Content Type: Working Paper
  • Institution: Council on Foreign Relations
  • Abstract: Despite Asia's recent currency troubles, most strategists and economic experts believe that in the period ahead Asia will continue to be one of the most dynamic regions of the globe and pose one of the biggest strategic challenges for the West. The United States and Europe are already closely intertwined with East Asia economically, and the region's future potential for economic development remains extraordinary. As Asia's global economic weight increases, its political influence on the world stage will likely do the same. Similarly, as the West's economic interdependence with East Asia grows, any breach of the peace in the region will importantly affect the United States and Western Europe.
  • Political Geography: United States, Europe, Asia
  • Author: Michel Oksenberg, Elizabeth Economy
  • Publication Date: 04-1998
  • Content Type: Working Paper
  • Institution: Council on Foreign Relations
  • Abstract: The rise of China in world affairs is a major feature of our era. An increasingly contentious debate has erupted in the United States over how to respond to this development. Figuring out a successful policy toward China is no easy task, but any sound strategy must be rooted in a sense of history.
  • Topic: International Political Economy
  • Political Geography: United States, China, Asia
  • Author: Thomas I. Palley
  • Publication Date: 04-1998
  • Content Type: Working Paper
  • Institution: Council on Foreign Relations
  • Abstract: Over the last nine months the global economy has been roiled by a financial crisis that has moved through Thailand, Malaysia, Indonesia, and South Korea. Japan has also been affected by its wake, as has Russia. So too has Latin America, where Brazil has had to raise interest rates substantially to fend off an incipient currency crisis.
  • Topic: Economics
  • Political Geography: Russia, United States, Japan, Asia, Brazil
  • Author: Daniel K. Tarullo, John Lipsky, Bruce Steinberg, David Jones
  • Publication Date: 11-1998
  • Content Type: Working Paper
  • Institution: Council on Foreign Relations
  • Abstract: Mr. Daniel K. Tarullo: Good morning, ladies and gentlemen. We'd like to get started promptly so that we can end promptly. Welcome to this morning's session on the update of world economic conditions. This is the first in what we anticipate to be a series of updates, perhaps quarterly, sponsored by the Council on Foreign Relations, probably right here in this room, part of a continuing effort to focus on world economic conditions, both for themselves, and as they intersect with foreign policy concerns.
  • Topic: Economics
  • Political Geography: Russia, Europe, Asia, South America, Latin America, North America
  • Author: Paolo Guerrieri
  • Publication Date: 07-1998
  • Content Type: Working Paper
  • Institution: Berkeley Roundtable on the International Economy
  • Abstract: This paper analyses changes in the trade patterns of Central/Eastern Europe and the former Soviet Union (FSU), and the potential role in the global/European division of labor of these transforming economies. In the reform period (1989–1995) trade pattern of Central and Eastern Europe has experienced significant changes. The most pronounced trend was the strong expansion of trade with the OECD countries, in particular with the European Union, whereas CMEA intraregional trade literally collapsed. This massive geographical reorientation of trade has determined also significant changes in the commodity composition of trade of CEE in the same period.
  • Topic: Economics
  • Political Geography: Russia, Europe, Eastern Europe, Asia
  • Author: Barry Eichengreen, Richard Kohl
  • Publication Date: 03-1998
  • Content Type: Working Paper
  • Institution: Berkeley Roundtable on the International Economy
  • Abstract: Early optimists hoped that Eastern Europe might be able to emulate the high-performance economies of Asia once the shock of liberalization was absorbed. The ingredients of the East Asian “miracle,” in this view, were rapid accumulation based on high investment in physical and human capital, productivity growth based on technology transfer through licensing and direct foreign investment, rapidly expanding exports able to support industrial specialization and scale economies, and a strong state capable of guiding the development process and solving coordination problems. Emulating this recipe could provide the basis, it was hoped, for the expansion of exports and buoyant economic growth more generally.
  • Topic: Development, Government, International Trade and Finance
  • Political Geography: Europe, Eastern Europe, Asia
  • Author: Eugene Spiro
  • Publication Date: 12-1998
  • Content Type: Working Paper
  • Institution: EastWest Institute
  • Abstract: The EastWest Institute convened in partnership with the Kazakhstan Institute of Management, Economics and Strategic Research (KIMEP) International Conference on Banking Policies on December 9-12, 1998. The purpose of the conference was to present Kazakh officials, academicians and bankers with practices (best and otherwise) in CEE and the West on bank privatization and reduction of the state's role in banking; costs and benefits of foreign strategic investment in the banking sector; and issues related to bank supervision, regulation and deposit insurance.
  • Topic: Development, Economics, International Trade and Finance
  • Political Geography: Kazakhstan, Asia
  • Author: Dag Hartelius, Natasha Randall
  • Publication Date: 11-1998
  • Content Type: Working Paper
  • Institution: EastWest Institute
  • Abstract: Over the last year we have witnessed a deteriorating climate in Russian-Western relations - or at least this has been the perception. The Russian financial crisis has accelerated the trend in Russia to blame the West - in particular the US - for their troubles. In America and Europe a new debate has been spawned on what kind of Russia we are now dealing with. Old truths, or old perceptions, are being questioned and relations are being reassessed.
  • Topic: International Relations, Economics
  • Political Geography: Russia, United States, America, Europe, Asia
  • Author: Rado Petkov, Rick Petree
  • Publication Date: 09-1998
  • Content Type: Working Paper
  • Institution: EastWest Institute
  • Abstract: The Communist dominated Duma sent a stern message to President Yelstin on September 7th by rejecting his nominee, Viktor Chernomyrdin, for the second time. The vote was 273 against and 138 for (with one abstention). While Chernomyrdin's showing improved substantially from the Duma's first ballot, he still fell far short of the 226 votes needed for Duma approval. Furthermore, his gains came largely from Zhirinovsky's nationalist faction, which has a crass history of trading votes to “the highest bidder.” Yelstin's opposition, on the other hand, benefited from the support of independent deputies comprising a group called “Regions of Russia”: their approval of Chernomyrdin dropped from 86% to 50% in the second round.
  • Topic: Conflict Prevention, Economics, Government
  • Political Geography: Russia, Europe, Asia