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  • Author: Susan Schadler
  • Publication Date: 10-2014
  • Content Type: Policy Brief
  • Institution: Centre for International Governance Innovation
  • Abstract: In April 2014, in a departure from its normal aversion to lending to countries in conflict, the International Monetary Fund (IMF) approved a US$17 billion loan to Ukraine to be disbursed over two years. At the time, Ukraine was three weeks away from a presidential election; engaged in combat with an armed separatist movement backed by Russia, its largest trading partner and supplier of energy; and experiencing a significant drain in foreign exchange reserves and bank deposits along with soaring yields on sovereign debt. The country was also reaping the returns of decades of economic mismanagement. Dire from both political and economic perspectives, the situation had the markings of a case where the IMF has the expertise to be usefully engaged, but there were also red flags demarcating circumstances that can hobble the IMF's effectiveness.
  • Topic: Economics, International Monetary Fund, Foreign Aid
  • Political Geography: Europe, Ukraine
  • Author: Domenico Lombardi, Barry Carin, David Kempthorne
  • Publication Date: 11-2014
  • Content Type: Policy Brief
  • Institution: Centre for International Governance Innovation
  • Abstract: The annual CIGI Survey of Progress in International Economic Governance assesses progress in four dimensions of international economic governance: macroeconomic and financial cooperation; cooperation on financial regulation; cooperation on trade; and cooperation on climate change. Governance related to these dimensions is scored on the following progress scale: 0%-19% represents "major regression"; 20%-39% represents "some regression"; 40%-59% indicates "minimal progress"; 60%-79% characterizes progress; and 80%-100% represents "major progress." Recognizing the difficulty of making objective judgments given the complexity of the issues, the results are offered as a range of subjective opinions from CIGI experts with diverse backgrounds.
  • Topic: Climate Change, Economics, International Cooperation, International Trade and Finance, Governance
  • Political Geography: United States, Europe
  • Author: Christopher Musselman
  • Publication Date: 12-2014
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: The Ukraine crisis demonstrates that European security can no longer be taken for granted and that NATO and the broader transatlantic community are struggling to address emerging security challenges. Whether Russia is classified revanchist, expanding its sphere of influence, or seeking to create regional hegemony, Putin's actions in both Crimea and eastern Ukraine are a stark reminder that the era of geopolitical competition in Europe is far from over. The transatlantic community must be ready to deal with similar challenges in the decades ahead.
  • Topic: Conflict Resolution, Regional Cooperation
  • Political Geography: Russia, Europe, Ukraine
  • Author: Anders Åslund
  • Publication Date: 11-2014
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: Ukraine has experienced a year of unprecedented political, economic, and military turmoil. The combination of Russian military aggression in the east and a legacy of destructive policies leading to pervasive corruption has plunged the country into an existential crisis. The West, meanwhile, has been largely paralyzed with uncertainty over how to assist Ukraine without reviving Cold War hostilities. Yet all is not lost for Ukraine. A tenuous ceasefire, along with the successful elections of President Petro Poroshenko in May and a new parliament in October offer an opportunity for economic reform. If the current ceasefire in the east holds, Ukraine has a great opportunity to break out of its vicious circle of economic underperformance. Yet, the window of opportunity is likely to be brief. The new government will have to act fast and hard on many fronts to succeed.
  • Topic: Conflict Resolution, Security, Economics, Politics
  • Political Geography: Russia, Europe, Ukraine
  • Publication Date: 11-2014
  • Content Type: Policy Brief
  • Institution: Danish Institute for International Studies
  • Abstract: The European council's decisions on the common Security and Defence policy (CSDP) in December 2013 and the process that now follows should be used by EU member states as a means to progressively empower the CSDP within a short-term future.
  • Topic: Security, Defense Policy, Arms Control and Proliferation, Regional Cooperation
  • Political Geography: Europe
  • Publication Date: 09-2014
  • Content Type: Policy Brief
  • Institution: Danish Institute for International Studies
  • Abstract: The greatest challenge to the stability of the Arctic actually comes from outside the region itself, but there are still strong reasons to be optimistic about security in the Arctic region.
  • Topic: Conflict Resolution, Security, Climate Change, Natural Resources
  • Political Geography: Europe, Ukraine, Arctic
  • Author: Matthew Levitt
  • Publication Date: 12-2014
  • Content Type: Policy Brief
  • Institution: The Washington Institute for Near East Policy
  • Abstract: The group's legal challenge will likely succeed for now, but the EU can reinstate the ban by relying on the plethora of evidence from European terrorism cases involving Hamas. In the latest sign of the legal troubles facing the European Union's designation regime -- the authority under which governments can freeze funds and economic resources of illicit actors -- the EU General Court is expected to annul the terrorist designation of Hamas on December 17. The judgment comes on the heels of a similar action in October that annulled the Council of the European Union's designation of the Liberation Tigers of Tamil Eelam (LTTE) on similarly procedural grounds. Although the new judgment is not expected to acquit Hamas of charges related to violence, it comes at a time when the group's terrorist and militant activities are on the rise. And like the LTTE, Hamas will surely point to the judgment as "evidence" that it is not a terrorist entity.
  • Political Geography: Europe
  • Author: Rob Bertholee
  • Publication Date: 12-2014
  • Content Type: Policy Brief
  • Institution: The Washington Institute for Near East Policy
  • Abstract: An intensive discussion covering the role of the Syria campaign, advances by the new generation of European jihadists, and steps the Dutch government is taking to understand and reduce the problem.
  • Political Geography: Europe, Syria
  • Author: Tuomas Iso-Markku
  • Publication Date: 12-2014
  • Content Type: Policy Brief
  • Institution: Finnish Institute of International Affairs
  • Abstract: The Ukraine crisis has reminded Europeans of the importance of defence policy, thus amplifying the main message of the December 2013 European Council on security and defence. Many of the proposals put forward by the December summit are currently being worked on, but the Ukraine crisis creates additional challenges for the EU, highlighting the strategic divergence within the Union and posing fundamental questions about its role as a security provider. Regarding concrete achievements, the EU's defence ministers recently adopted a policy framework for systematic and long-term defence cooperation, and the Commission has also begun to work energetically towards achieving its key objectives in the defence sector. Ultimately, however, the success of the EU's efforts will depend on the commitment of the member states.
  • Political Geography: Europe, Ukraine
  • Author: Daniel Gros
  • Publication Date: 11-2014
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: The mantra in Brussels and all over Europe is that investment holds the key to recovery in the euro area. A central element of the new Commission's economic strategy is a proposed programme of investment of €300 billion.The emphasis on investment is not new, but has grown in strength as the euro area seems stuck in a never-ending recession.
  • Political Geography: Europe