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5601. Flexibility clauses in the Stability and Growth Pact: No need for revision

Author:
Stefano Micossi and Fabrizia Peirce
Publication Date:
07-2014
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
The policy debate about how best to restore growth in the flagging eurozone economy has been plagued by demands from some highly indebted member countries that the Stability and Growth Pact (SGP) be loosened to leave greater room to support the economy with budgetary instruments. These demands have been met with an instant rebuff from the Commission and other financially solid members who argue that loosening the Pact would do little to restore sound growth. This question has also hindered the broader discussion on the need for and content of a renewed growth strategy for the eurozone and the European Union, no least by fuelling fresh mistrust among their member states.
Topic:
Economics, International Trade and Finance, and Reform
Political Geography:
Europe

5602. Ukraine, Russia and the need for more flexibility in EU foreign policy-making

Author:
Steven Blockmans
Publication Date:
07-2014
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
The downing of Malaysia Airlines flight MH17 over eastern Ukraine has unleashed a storm of grief and anger in the EU and around the world. Heads of state and government have joined the public outcry and called for tough action against those directly and indirectly responsible for this heinous crime. The EU's reaction, however, has been lame so far by comparison.
Topic:
Foreign Policy, Territorial Disputes, and Sanctions
Political Geography:
Russia, Europe, and Ukraine

5603. The Politics of the "Unfinished Business": Bosnian Police Reform

Author:
Dejan Guzina and Branka Marijan
Publication Date:
06-2014
Content Type:
Policy Brief
Institution:
Centre for International Governance Innovation
Abstract:
The recent protests in Bosnia-Herzegovina (henceforth, Bosnia) have once more shown the extent of the remaining challenges in the country. However, while many commentators have examined the political, economic and social roots of the protests, less attention has been paid to the role of the police in these events. Police confusion, their inability to respond to the street protests in a timely and professional manner, and allegations of the use of excessive force against protestors represent clear evidence that the stalled police reform in the country needs to be re-examined. After almost two decades of international assistance, first by the United Nations (UN) and later the European Union (EU), police reform in Bosnia remains incomplete. Since the 2012 closing of the EU police mission (EUPM) in Bosnia, the issue of police reform has been put on hold. Bosnia's multiple police services remain fragmented and lack transparency. More importantly, the lack of harmonization, coordination and civic oversight leads to political interference in policing.
Topic:
Civil Society, Human Rights, Law Enforcement, and Reform
Political Geography:
Europe, Bosnia, Herzegovina, and United Nations

5604. Eritrea: Ending the Exodus?

Publication Date:
08-2014
Content Type:
Policy Brief
Institution:
International Crisis Group
Abstract:
The large emigration of youths is the clearest sign of extreme domestic discontent with Eritrean President Isaias Afwerki's government. Social malaise is pervasive. An ever-growing number of young people have fled over the last decade, frustrated by open-ended national service – initiated in 1995 and expanded during the war with Ethiopia (1998-2000). Yet, this flight has resulted in neither reforms nor a viable movement to create an alternative to the current government. Once outside, the ties that bind émigrés to their birthplace are strong and lead them to give financial support to the very system they escaped, through the 2 per cent tax many pay the state as well as remittances sent home to family members.
Topic:
Economics, Labor Issues, Immigration, Youth Culture, and Governance
Political Geography:
Africa and Europe

5605. EDITOR'S NOTE: Brazil, the weakest link of BRICS?

Author:
Paulo Fagundes Visentini
Publication Date:
06-2014
Content Type:
Journal Article
Journal:
AUSTRAL: Brazilian Journal of Strategy International Relations
Institution:
Postgraduate Program in International Strategic Studies, Universidade Federal do Rio Grande do Sul
Abstract:
In a short period, the African continent became, from a situation of lesser relevance for the analysts, a region of higher strategic value. The complex academic understanding of this evolution is made difficult, in Brazil, for unfamiliarity towards the region and, in Europe, for the prejudiced vision. But, as a Brazilian diplomat stationed in the old continent once argued, “ignorance is more easily overcome than prejudice”. Thus, as a contribution to the debate, AUSTRAL dedicates this issue to the international relations of Africa.
Political Geography:
Europe, Brazil, and Australia

5606. AFRICA AND THE EMERGING POWERS: THE SOUTH AND THE UNHOLY COOPERATION

Author:
Paulo Fagundes Visentini
Publication Date:
06-2014
Content Type:
Journal Article
Journal:
AUSTRAL: Brazilian Journal of Strategy International Relations
Institution:
Postgraduate Program in International Strategic Studies, Universidade Federal do Rio Grande do Sul
Abstract:
One of the most remarkable phenomena of Contemporary International Relations is the fact that Africa became object of a new global race, like in the end of the 19th Century. In the beginning of the 21st Century, however, the most dynamic protagonists of such movement are the emerging powers, and not the European metropolises. Such process occurs in a frame of economic and social development in Africa, besides a diplomatic protagonism, which represented an unexpected feature for many. Africa, in marks of globalization and the end of the Cold War, experienced a second "lost decade", with bloody internationalized civil wars, epidemics (HIV/AIDS, cholera and the Ebola virus, among others) and economic marginalization.
Topic:
International Relations and Cold War
Political Geography:
Africa, Russia, Europe, Canada, and India

5607. The China-EU BIT: The emerging "Global BIT 2.0"?

Author:
Wenhua Shan and Lu Wang
Publication Date:
08-2014
Content Type:
Working Paper
Institution:
Columbia Center on Sustainable Investment
Abstract:
Since China and the European Union (EU) announced their decision to negotiate a bilateral investment treaty (BIT) at the 14th China-EU Summit in February 2012, the two sides have engaged in two rounds of negotiations. If successful, it will be the first standalone EU BIT, a BIT between the world's largest developed economy and the world's largest developing economy, and will occupy a unique place in the history of BIT negotiations.
Topic:
Economics, International Trade and Finance, Bilateral Relations, and Foreign Direct Investment
Political Geography:
China, Europe, and Asia

5608. Trade policy issues in the Wider Europe - that led to war and not yet to peace

Author:
Michael Emerson
Publication Date:
07-2014
Content Type:
Working Paper
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
This paper looks at the trade policy landscape of the EU and the wider Europe, with a focus on issues arising from the signature on 27 June 2014 of Deep and Comprehensive Free Trade Agreements (DCFTAs) between the EU and three East European countries (Georgia, Moldova and Ukraine), and actual or prospective issues relating to the customs union of Belarus, Russia and Kazakhstan (BRK), and the Eurasian Economic Union whose founding treaty was signed on 29 May 2014. While the contrived collision between these projects has tragically induced Russia to break all the established international security norms by waging war against Ukraine , the present paper deals essentially with trade policy issues . The huge expansion of intercontinental free trade area negotiation s currently underway, in which the EU is an active participant alongside much of the Americas and Asia, stands in contrast with Russia's choice to restrict itself to the Eurasian Economic Union, which is only a marginal extension of its own economy. Alone among the major economies in the world, Russia does not seek to integrate economically with any major economic bloc, which should be a matter of serious concern for Moscow. Within the wider Europe, the EU's DCFTAs with Ukraine, Moldova and Georgia are a major new development, but Russia now threatens trade sanctions against Ukraine in particular, the economic case for which seems unfounded and whose unilateral application would also impair the customs union. The Belarus-Russia-Kazakhstan customs union itself poses several issues of compatibility with the rules of the WTO, which in turn are viewed by the EU as an impediment to discussing possible free trade scenarios with the customs union, although currently there are far more fundamental political impediments to any consideration of such ideas. Nonetheless this paper looks at various long-term scenarios, if only as a reminder that there could be much better alternatives to the present context of conflict around Ukraine.
Topic:
International Relations, Diplomacy, Economics, and International Trade and Finance
Political Geography:
Russia, Europe, Ukraine, and Kazakhstan

5609. Transatlantic Economic Agreements: Parsing CETA and TTIP

Author:
Patricia M. Goff
Publication Date:
07-2014
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
In October 2013, Prime Minister Stephen Harper announced that the Government of Canada had reached a "political agreement" with the European Union on the Comprehensive Economic and Trade Agreement (CETA). The timing of Mr. Harper's statement was not coincidental. Evidence suggests that talks between Canada and the European Union are actually continuing several months after his announcement, if only on technical elements. Nonetheless, it seems the Government of Canada wanted to signal that a successful end to Canada-EU talks was in sight, just as talks between the United States and the European Union were getting under way towards the Trans-Atlantic Trade and Investment Partnership (TTIP). The Canadian government did not want to risk a redirection of European energies away from the Canadian negotiation toward their American counterparts.
Topic:
Economics and International Trade and Finance
Political Geography:
Europe and Canada

5610. What Drove the Mid-2000s' Explosiveness in Alternative Energy Stock Prices? Evidence from US, European and Global Indices

Author:
Pierre Siklos, Martin T. Bohl, and Philipp Kaufmann
Publication Date:
07-2014
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
Soaring prices in European alternative energy stocks and their subsequent tumble have attracted attention from both investors and academics. This paper extends recent research to an international setting and analyzes whether the explosive price behaviour of the mid-2000s was driven by rising crude oil prices and an overall bullish market sentiment. Inflation-adjusted US alternative energy stock prices do not exhibit signs of explosiveness. By contrast, we find strong evidence of explosive price behaviour for European and global sector indices, even after controlling for a set of explanatory variables. Interestingly, while the sector indices plunged with the outbreak of the global financial crisis, idiosyncratic components continued to rise and did not start to decline until after world equity markets had already begun to recover in 2009. This finding suggests a substantial revaluation of alternative energy stock prices in light of intensifying sector competition and shrinking sales margins, and casts some doubts on the existence of a speculative bubble. Nevertheless, this paper observes temporary episodes of explosiveness between 2005 and 2007 followed by rapid collapses, indicating the presence of some irrational exuberance among investors.
Topic:
Economics, Energy Policy, Oil, and Natural Resources
Political Geography:
United States and Europe

5611. Energy efficiency: the ever neglected priority of the European energy strategy

Author:
Tania Zgajewski
Publication Date:
05-2014
Content Type:
Working Paper
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
Energy saving has been a stated policy objective of the EU since the 1970s. Presently, the 2020 target is a 20% reduction of EU energy consumption in comparison with current projections for 2020. This is one of the headline targets of the European Energy Strategy 2020 but efforts to achieve it remain slow and insufficient. The aim of this paper is to understand why this is happening.
Topic:
Economics, Energy Policy, Regional Cooperation, and Reform
Political Geography:
Japan and Europe

5612. Game of zones. The quest for influence in Europe's neighbourhood

Author:
Sven Biscop
Publication Date:
06-2014
Content Type:
Working Paper
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
Russia's annexation of the Crimea and subsequent meddling in Ukraine does not constitute a game-changer. It is just a reminder that at least since the war with Georgia in 2008 Russia has been and still is playing the same game: a "game of zones",aimed at (re)establishing an exclusive sphere of influence. Many of us Europeans had forgotten that, or had pushed it to the back of our minds, preferring to believe that we were not engaged in a zero-sum game in our eastern neighbourhood.
Topic:
Security, Sovereignty, Terrorism, Armed Struggle, and Territorial Disputes
Political Geography:
Africa, Europe, and Middle East

5613. A Eurozone Subcommittee in the European Parliament: high hopes, low results?

Author:
Stijn Verhelst
Publication Date:
07-2014
Content Type:
Policy Brief
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
The task of ensuring the democratic legitimacy of the euro has been placed high on the agenda. A eurozone subcommittee in the European Parliament is one of the rare concrete proposals to secure this, creating high hopes. Due to legal and political hurdles the idea might nonetheless have minimal results, which might result in suboptimal parliamentary scrutiny of the eurozone. This Policy Brief argues that if a eurozone subcommittee is to be both meaningful and politically feasible, it should combine substantial competences with innovative decision-making.
Topic:
Economics, Regional Cooperation, and Monetary Policy
Political Geography:
Europe

5614. The impact of the withdrawal from Afghanistan on Russia's security

Author:
Patrick Nopens
Publication Date:
03-2014
Content Type:
Policy Brief
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
ISAF's withdrawal from Afghanistan in 2014 will directly impact the wider region. Not only is there a risk of instability spilling over to Central Asia, but the drawdown will also accelerate the ongoing shift in the balance of power in Central Asia towards China. Should a spillover occur, the burden will mainly fall on Russia and China. Russia will, however, only continue playing the dominant role in the security of the former Soviet Central Asia (FSCA) until China takes on responsibility for the security of its direct sphere of influence or "dingwei". Russia's Near Abroad, however, overlaps both with the EU's Eastern Neighbourhood in Europe and China's dingwei in Central Asia and the Far East. It is, therefore, necessary to approach Russian reactions to these encroachments on its historical spheres of influence in a single context, taking into account the interrelationship between these three.
Topic:
Security, Politics, and Hegemony
Political Geography:
Afghanistan, China, Europe, Central Asia, and Asia

5615. "The Lessons of 1914 for East Asia Today: Missing the Trees for the Forest"

Author:
Todd H. Hall and Jia Ian Chong
Publication Date:
04-2014
Content Type:
Journal Article
Journal:
International Security
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
A century has passed since the assassination of Archduke Franz Ferdinand in Sarajevo set in motion a chain of events that would eventually convulse Europe in war. Possibly no conflict has been the focus of more scholarly attention. The questions of how and why European states came to abandon peaceful coexistence for four years of armed hostilities—ending tens of millions of lives and several imperial dynasties—have captivated historians and international relations scholars alike.
Topic:
International Relations, Security, and War
Political Geography:
United States, Europe, Middle East, and East Asia

5616. "Better Now Than Later: The Paradox of 1914 as Everyone's Favored Year for War"

Author:
Jack Snyder
Publication Date:
04-2014
Content Type:
Journal Article
Journal:
International Security
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
One reason why Europe went to war in 1914 is that all of the continental great powers judged it a favorable moment for a fight, and all were pessimistic about postponing the fight until later. On its face, this explanation constitutes a paradox. Still, each power had a superficially plausible reason for thinking this was true.
Topic:
International Relations, Security, and War
Political Geography:
Europe

5617. Repairing NATO's motors

Author:
Mark Webber, Ellen Hallams, and Martin A. Smith
Publication Date:
07-2014
Content Type:
Journal Article
Institution:
Chatham House
Abstract:
When NATO heads of state and government convene in Newport, Wales, in September 2014, it will be their first meeting in the UK since the London summit of July 1990. A quarter of a century ago, NATO was reborn. The London Declaration on a Transformed Alliance was NATO's keynote statement of renewed purpose, issued in 1990 as the Cold War was drawing to a close. In it we find the beginnings of the tasks which would come to define the alliance in the post- Cold War period, along with an appreciation of a fundamentally altered strategic landscape. Europe had 'entered a new, promising era', one in which it was thought the continent's tragic cycle of war and peace might well be over. The 2014 summit communiqué is unlikely to reflect such optimism, but what it surely needs to do is to recapture the spirit of enterprise that NATO has on occasion been able to articulate in demanding times.
Topic:
NATO and Cold War
Political Geography:
United Kingdom, Europe, and London

5618. Scientific Reason and the Discipline of International Law

Author:
Anne Orford
Publication Date:
05-2014
Content Type:
Journal Article
Abstract:
International law emerged as a professional academic specialization in a 19th century European context of wide-ranging public debates about the nature and cultural significance of science. Ever since, the status of international law as an academic discipline has been intimately connected with the capacity of international lawyers to demonstrate that our discipline is properly scientific. Yet the ideals of science upon which international lawyers have drawn in seeking to demonstrate the scientific nature of our work have not remained static. This article explores how those shifting ideals of science have shaped the concerns, questions, methods, and theories adopted by professional legal scholars in different times and places, including the 19th century Cambridge of Whewell, the 20th century Vienna of Kelsen, the post-war New Haven of McDougal and Lasswell, and the globally networked university of the 21st century. In returning to the historical debates out of which today's highly stylized versions of positivist and policy-oriented international law emerged, the article shows that while scholars of international law have shared a commitment to scientific values of rationality, progress, and objectivity, they have understood those commitments as requiring different forms of conduct, different means of producing knowledge, and different relations to the state.
Topic:
International Law
Political Geography:
Europe

5619. The Venice Commission of the European Council – Standards and Impact

Author:
Wolfgang Hoffmann-Riem
Publication Date:
05-2014
Content Type:
Journal Article
Abstract:
The article analyses the activities of the European Commission for Democracy through Law. Addressed are the standards applied in the Commission's opinions, especially on constitutional provisions and other legal norms or drafts. The article looks at the impact that these (non-binding) opinions have on the states concerned as well as on the European Court of Human Rights. Though recommendations are sometimes disregarded, most states do react positively, at least in part. To some extent the Commission could enhance the effect of its opinions by joining forces with other relevant institutions in the field, especially the Council of Europe and the European Commission. Endorsing and implementing recommendations gives states an opportunity to share in the reputation that comes with being part of a community founded on Human Rights, the Rule of Law, and Democracy. An overall assessment is made of the Commission's approach to its work.
Topic:
Human Rights
Political Geography:
Europe

5620. Mark Mazower. Governing the World. The History of an Idea

Author:
Jochen von Bernstorff
Publication Date:
05-2014
Content Type:
Journal Article
Abstract:
Mark Mazower provides us with a very readable and highly stimulating intellectual history of Western internationalism starting with the Vienna Congress in 1815 and ending in 2012 with the ongoing Syrian civil war. The historical analysis focuses not only on the philosophical and political currents at the heart of 19th and 20th century internationalism but also on how Anglo-Saxon politicians and high ranking civil servants viewed and shaped international institutions during these two centuries; all of this is full of interesting biographical findings, illustrative contemporary quotations, and insightful historical judgement.
Topic:
Civil War
Political Geography:
Europe