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  • Author: Neil R. Ericsson, Kari H. Eika, Ragnar Nymoen
  • Publication Date: 10-1996
  • Content Type: Working Paper
  • Institution: U.S. Government
  • Abstract: Some recent studies have suggested constructing a Monetary Conditions Index (or MCI) to serve as an indicator of monetary policy stance. The central banks of Canada, Sweden, and Norway all construct an MCI and (to varying degrees) use it in conducting monetary policy. Empirically, an MCI is calculated as the weighted sum of changes in a short-term interest rate and the exchange rate relative to values in a baseline year. The weights aim to reflect these variables' effects on longer-term focuses of policy — economic activity and inflation. This paper derives analytical and empirical properties of MCIs in an attempt to ascertain their usefulness in monetary policy.
  • Topic: Economics, International Trade and Finance
  • Political Geography: Europe, North America
  • Author: Neil R. Ericsson, Sunil Sharma
  • Publication Date: 07-1996
  • Content Type: Working Paper
  • Institution: U.S. Government
  • Abstract: This paper develops a constant, data-coherent, error correction model for broad money demand (M3) in Greece. This model contributes to a better understanding of the effects of monetary policy in Greece, and of the portfolio consequences of financial innovation in general. The broad monetary aggregate M3 was targeted until recently, and current monetary policy still uses such aggregates as guidelines, yet analysis of this aggregate has been dormant for over a decade.
  • Topic: Economics, Government, International Trade and Finance
  • Political Geography: Europe
  • Author: Roman Popadiuk
  • Publication Date: 10-1996
  • Content Type: Working Paper
  • Institution: Institute for National Strategic Studies
  • Abstract: On June 1, 1996, the last strategic missiles were shipped from Ukraine to Russia, bringing to an end a contentious issue that had marred the early stages of U.S.-Ukraine relations. In welcoming this development, President Clinton stated, “I applaud the Ukrainian government for its historic contribution in reducing the nuclear threat .... We remain committed to supporting Ukraine through its ambitious and far-sighted reforms and to working with Ukraine and our European partners to promote Ukraine's integration into the European community.”
  • Topic: Security, Defense Policy, International Law
  • Political Geography: Europe, Johannesburg
  • Author: Steven Philip Kramer, Irene Kyriakopoulos
  • Publication Date: 03-1996
  • Content Type: Working Paper
  • Institution: Institute for National Strategic Studies
  • Abstract: When political observers talk about European security, they invariably refer to the challenges Western Europe faces on its peripheries from a renationalized Russia, conflicts in the Balkans, and Islamic fundamentalism in North Africa. Rarely do they imagine that the greatest dangers to the new Europe may come from within, that the kind of stability Europe has enjoyed since World War II could be merely a passing chapter in history, not a transcendence of history. Without suggesting that there is necessarily a worst case ending, this study will argue that there is indeed a series of crises converging on post-Cold War Europe that threaten its stability and that need to be addressed by European policy makers and taken into account by Americans.
  • Topic: Security, Defense Policy, International Law, War
  • Political Geography: Russia, Europe, North Africa
  • Author: Gregg O. Kvistad, Andrei S. Markovits, Thomas Banchoff, Wolfgang Krieger, Patricia Davis, Jost Halfmann, Peter H. Merkl, Donald P. KOmmers, Ernst B. Haas, Peter Kruger, Ludger Lindlar, Christhard Hoffman, Charles Maier, Michaela Richter
  • Publication Date: 11-1995
  • Content Type: Working Paper
  • Institution: Center for German and European Studies, University of California, Berkeley
  • Abstract: The founding of the Federal Republic of Germany as a democracy had two primary negative referents: the institutional weakness of the Weimar Republic that made it susceptible to the Nazi seizure of power and the authoritarian statist tradition of the nineteenth century. This essay argues that the institutionalization of the professional civil service in the early Federal Republic drew selectively on these negative examples, somewhat ambiguously exchanging the location of political parties and the professional civil service, but retaining substantial elements of subsequent redefinition of the role of the German citizen. Throughout the 1970s and the 1980s, German statism was rendered "inappropriate" not only for German society, but also for the institutional identity of Germany's venerated professional civil service.
  • Topic: Cold War, Nationalism
  • Political Geography: Europe, Germany
  • Author: Thomas Chronopoulos
  • Publication Date: 12-1995
  • Content Type: Working Paper
  • Institution: Center for Studies of Social Change
  • Abstract: In the period between 1758 and 1834 repertoires of contention in Britain changed from parochial, particular, and bifurcated to cosmopolitan, modular, and autonomous. In other words, eighteenth century actions "that included a good deal of ceremonial, street theater, deployment of strong visual symbols, and destruction of symbolically charged objects" through the course of time lost their relative predominance and instead "demonstrations, strikes, rallies, public meetings, and similar forms of public interaction came to prevail during the nineteenth century." These new routines for the eighteenth century contentious events are the ones that ordinary people in the United States and Western Europe still to this date principally employ to make claims. This conclusion merges from a systematic study of more than 8,000 contentious gatherings, in Southern England (1758-1820) and Great Britain as a whole (1828-1834).
  • Topic: Conflict Resolution, Security, Economics, Politics
  • Political Geography: Britain, United States, United Kingdom, Europe, England
  • Author: Charles Tilly
  • Publication Date: 05-1995
  • Content Type: Working Paper
  • Institution: Center for Studies of Social Change
  • Abstract: Observation of state-military relations in Israel reveals an apparent paradox: Within a period of about seventy years, the more the militarization of Israeli society and politics gradually increased, the more politicians were successful in institutionalizing effective control over the Israel Defence Forces (IDF, and the pre-state organizations). Militarization passed through three main stages: (1) accepting the use of force as a legitimate political instrument during the pre-state period (1920-1948), subsequent to confrontation between pacifism and activism; (2) giving this instrument priority over political-diplomatic means in the state's first years up to the point in which (3) military discursive patterns gradually dominated political discourse after the 1967 War. At the same time, political control over the IDF was tightened, going from the inculcation of the principle of the armed forces' subordination to the political level during the pre-state period to the construction of arrangements working to restrain the military leverage for autonomous action.
  • Topic: Education, Industrial Policy, Politics
  • Political Geography: United Kingdom, Europe, Israel
  • Publication Date: 09-1994
  • Content Type: Working Paper
  • Institution: The Carter Center
  • Abstract: In September 1994, the Commission on Radio and Television Policy, bringing together the New Independent States, Poland, the Czech Republic, and the United States, met in St. Petersburg, Russia, to discuss the most important policy issue of the electronic media: how to strengthen the independence of radio and television. The members of the Commission represented several different approaches and types of government, but, in the end, there was unanimous agreement on a communiqué urging all parties to defend and extend autonomy of the media.
  • Topic: Democratization, International Cooperation
  • Political Geography: Russia, United States, Europe, Asia
  • Publication Date: 11-1993
  • Content Type: Working Paper
  • Institution: The Carter Center
  • Abstract: Changing economic relations are among the most important issues in the future of telecommunications throughout the world. Everywhere, governments and private companies are attentive to profound changes introduced by the processes of privatization, democratization, and development and implementation of new technologies. The future is already upon us, with great speed and often unexpected consequences.
  • Topic: Ethnic Conflict, International Cooperation
  • Political Geography: Russia, United States, Europe, Asia
  • Author: John Keane
  • Publication Date: 10-1993
  • Content Type: Working Paper
  • Institution: Centre for the Study of Democracy, University of Westminster
  • Abstract: What is a nation? Do nations have a right to self-determination? If so, does that mean that the national identity of citizens is best guaranteed by a system of democratic government, in which power is subject to open disputation and to the consent of the governed living within a carefully defined territory? And what of nationalism? Does it differ from national identity? Is it compatible with democracy? If not, cam its growth be prevented, or at least controlled, so as to guarantee the survival or growth of democracy?
  • Topic: Civil Society, Nationalism, Politics
  • Political Geography: Europe