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  • Author: Rashid Aziz, Munawar Baseer Ahmad
  • Publication Date: 06-2015
  • Content Type: Working Paper
  • Institution: United States Institute of Peace
  • Abstract: Pakistan’s energy shortages disrupt daily life in the country, and protests and demonstrations against the shortages often turn violent, creating a risk that Pakistan’s energy crisis could threaten peace and stability. Incorporating official and donor perspectives, this report examines the factors in Pakistan’s energy crisis and what can be done to address it.
  • Topic: Conflict Resolution, Energy Policy
  • Political Geography: Pakistan, Asia
  • Author: Jörg Wischermann, Bui The Cuong, Nguyen Quang Vinh, Dang Thi Viet Phuong, Nguyen Thi Minh Chau
  • Publication Date: 07-2015
  • Content Type: Working Paper
  • Institution: German Institute of Global and Area Studies
  • Abstract: Civic organizations (COs) are neither a good nor a bad thing. They are not inherently fighters for democracy or supporters of authoritarian rule. The way they develop depends on the impact that various forms of state power have on them and on their influence on the state. Vietnamese COs appear to be no exception. When we examine just one direction of these interdependent and reciprocal relations, it becomes clear that under the constraints of the Vietnamese state's infrastructural power many Vietnamese COs develop features of intra‐organizational authoritarianism; that they help to embed the state and the Communist Party more deeply within Vietnamese society; and, finally, that they contribute to bringing the society further under the control of the state and the party. However, this occurs to a very different degree depending on the type of CO. NGOs and faith‐based organizations in particular, at least in the field of gender norms and practices, seem to resist the state's discursive power. This could imply challenges to the state’s and the party's control of politics and society and leads the authors to draw far‐reaching conclusions as far as developmental cooperation with and potential support for various types of Vietnamese COs is concerned.
  • Topic: Non-Governmental Organization, Politics
  • Political Geography: Asia, Vietnam
  • Author: Carl Ungerer, Katy Dr. Oh Hassig
  • Publication Date: 08-2015
  • Content Type: Working Paper
  • Institution: The Geneva Centre for Security Policy
  • Abstract: Asia and Europe share a border, but not much else. Although the Mongols invaded Eastern Europe, and Marco Polo made it to China, a common assumption among policy makers and academics alike has been that the security challenges and perspectives between these contiguous continents have had little in common, and less to learn from each other. Past efforts to build academic and policy bridges have been nascent at best. But today’s threats to global and regional security have no problem crossing international borders. From the rise of violent extremism to the threat of pandemic diseases and cyber criminals, solutions to security problems will overwhelm any national, or indeed regional, effort to ‘go it alone’. Increasingly, as transnational threats become simultaneously local and global, the challenge for countries across both Asia and Europe is to find points of common interest and opportunities for genuine security cooperation.
  • Topic: Conflict Prevention, International Security, Violent Extremism, ISIL
  • Political Geography: Asia
  • Author: Roman Pacheco, Eva Pejsova, Elena Atanassova-Cornelis
  • Publication Date: 04-2015
  • Content Type: Working Paper
  • Institution: European Union Institute for Security Studies
  • Abstract: This report explores the driving sources of tension in Northeast Asia’s three maritime disputes, focusing in particular on developments that have occurred since the late 2000s. At the same time, it examines the existing and emerging forms of maritime cooperation – in the form of various schemes for the joint development of resources in the region – so as to highlight the possible ways forward.
  • Topic: Regional Cooperation, Maritime Commerce
  • Political Geography: Asia
  • Author: Adam S. Posen, Nicolas Veron
  • Publication Date: 09-2015
  • Content Type: Working Paper
  • Institution: Peterson Institute for International Economics
  • Abstract: Given no generally accepted framework for financial stability, policymakers in developing Asia need to manage, not avoid, financial deepening. This paper supports Asian policymakers' judgment through analysis of the recent events in the United States and Europe and of earlier crisis episodes, including Asia during the 1990s. There is no simple linear relationship between financial repression and stability—financial repression not only has costs but, so doing can itself undermine stability. Bank-centric financial systems are not inherently safer than systems that include meaningful roles for securities and capital markets. Domestic financial systems should be steadily diversified in terms of both number of domestic competitors and types of savings and lending instruments available (and thus probably types of institutions). Financial repression should be focused on regulating the activities of financial intermediaries, not on compressing interest rates for domestic savers. Cross-border lending should primarily involve creation of multinational banks' subsidiaries in the local economy—and local currency lending and bond issuance should be encouraged. Macroprudential tools can be useful, and, if anything, are more effective in less open or less financially deep economies than in more advanced financial centers.
  • Topic: Economics, International Trade and Finance, Markets, Politics
  • Political Geography: Asia
  • Author: Daniele Fattibene
  • Publication Date: 11-2015
  • Content Type: Working Paper
  • Institution: Istituto Affari Internazionali
  • Abstract: Russia’s “pivot to Asia” has come to the fore in the wake of the crisis over Ukraine. Growing tensions with the West over the common neighbourhood, coupled with economic sanctions, have accelerated this trend, with China gaining in strength as both an economic and military partner to Moscow. The Kremlin’s propaganda has sought to convince the broader public that Russia’s strategies in Eastern Europe, Central Asia and the Arctic region are a complement to China’s new Silk Road Economic Belt. Nonetheless, behind the headlines huge potential problems jeopardise the emergence of a durable Sino-Russian consensus in Eurasia. Against this backdrop, the EU should opt for “strategic patience.” This would be a far more effective policy choice than finger pointing, which only deepens the mutual ideological clash between the EU and Russia.
  • Topic: Diplomacy, Economics, International Trade and Finance, Bilateral Relations, Sanctions
  • Political Geography: Russia, China, Asia
  • Publication Identifier: 978-88-98650-69-9
  • Publication Identifier Type: DOI
  • Author: Tomas Hellebrandt, Paolo Mauro
  • Publication Date: 04-2015
  • Content Type: Working Paper
  • Institution: Peterson Institute for International Economics
  • Abstract: Over the next two decades the structure of world population and income will undergo profound changes. Global income inequality is projected to decline further in 2035, largely owing to rapid economic growth in the emerging-market economies. The potential pool of consumers worldwide will expand significantly, with the largest net gains in the developing and emerging-market economies. The number of people earning between US$1,144 and US$3,252 per year in 2013 prices in purchasing power parity terms will increase by around 500 million, with the largest gains in Sub-Saharan Africa and India; those earning between US$3,252 and US$8,874 per year in 2013 prices will increase by almost 1 billion, with the largest gains in India and Sub-Saharan Africa; and those earning more than US$8,874 per year will increase by 1.2 billion, with the largest gains in China and the advanced economies.
  • Topic: Economics, Emerging Markets, Globalization, Labor Issues
  • Political Geography: Africa, Asia
  • Author: Ajai Chopra
  • Publication Date: 03-2015
  • Content Type: Working Paper
  • Institution: Peterson Institute for International Economics
  • Abstract: Growth in developing Asia will need to rely more on improvements in productivity growth and less on capital deepening. Although there is no single reform path to spur productivity growth, financial system deepening is central to a more efficient allocation of capital across sectors and can facilitate innovation and technology transfer. But malfunctioning financial systems can also result in the misallocation of resources, making it important that policymakers focus less on increasing the size of the financial sector and more on improving its intermediation function. Chopra discusses the steps to mobilize Asia's ample private savings for long-term financing, especially to tackle the region's infrastructure deficit and improve access to financing for small and medium enterprises, which can help raise productivity. As many countries in Asia shift from a development model based on technology absorption to one that promotes innovation, specialized finance and investors can play a critical role in allowing innovative firms to conduct research, adopt technologies necessary for inventions, and ultimately commercialize innovations.
  • Topic: Economics, International Trade and Finance, Markets, Science and Technology
  • Political Geography: Asia
  • Author: William R. Cline
  • Publication Date: 03-2015
  • Content Type: Working Paper
  • Institution: Peterson Institute for International Economics
  • Abstract: The financial sectors in Asian emerging-market economies are now relatively unlikely to provoke new financial crises, either because of reforms after the East Asian financial crisis in the later 1990s or because of the dominance of state-owned banks not subject to bank runs. Financial intermediation is surprisingly high and is consistent with higher rates of saving and investment and hence growth in the main economies of the region (as compared to, say, counterparts in Latin America). Nonetheless, there are sharply diverging patterns (e.g., high foreign ownership of banks in Korea versus minimal presence in China) and differing national structures (bank dominated, portfolio oriented, and diversified) within Asia. Cline recommends establishing long-term plans to improve efficiency in state-owned banks or reduce their dominance and pursuing bank capitalization targets at least as ambitious as those of Basel III. Cline also calls for ensuring adequate regulation of growing nonbank intermediaries, reversing a recent trend toward national barriers to foreign banks in some economies, and improving the legal security of bank regulators.
  • Topic: Economics, Emerging Markets, Financial Crisis, Reform
  • Political Geography: Asia
  • Author: Zhao Minghao
  • Publication Date: 10-2015
  • Content Type: Working Paper
  • Institution: Istituto Affari Internazionali
  • Abstract: The European Council has mandated the High Representative of the Union for Foreign Affairs and Security Policy, Federica Mogherini, to draft a Global Strategy by June 2016. Given Europe’s status as a global power, such a strategy must respond to Europe’s own challenges as well as to the new grand strategies of other major players in world politics, like China. To better understand the central tenets of the Chinese leadership’s strategic thinking, two keywords are most important – the “Four Comprehensives” and the “One Belt and One Road” (OBOR). As an initiative mainly focusing on promoting Eurasian integration and reshaping Chinese geo-economic advantages, the OBOR is highly consequential to China’s interactions with Europe and the rest of the world at large in the decades to come. How to take advantage of the OBOR, create new EU-China synergies, and tackle relevant challenges are questions the EU leaders should be attentive to.
  • Topic: Economics, International Cooperation, International Trade and Finance, Markets, Bilateral Relations
  • Political Geography: Europe, Asia
  • Publication Identifier: 978-88-98650-61-3
  • Publication Identifier Type: DOI