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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: Chan Huh
  • Publication Date: 01-1996
  • Content Type: Working Paper
  • Institution: U.S. Government
  • Abstract: This paper examines the dynamic relationship between changes in the finds rate and nonborrowed reserves within a reduced form framework that allows the relationship to have WO distinct patterns over time. A regime switching model a la Hamilton (1989) is estimated. On average, CPI inflation has been significantly higher in the regime and volatile changes in funds rate. Innovations in money growth are characterized by large associated with a strong anticipated inflation effect in this high inflation regime, and a moderate liquidity effect in the low inflation regime. Furthermore, an identical money innovation generates a much bigger increase in the interest rate during a transition period from the low to high inflation regime than during a steady high inflation period. This accords well with economic intuition since the transition period is when the anticipated inflation effect initially gets incorporated into the interest rate. The converse also holds. That is, the liquidity effect becomes stronger when the economy leaves a high inflation regime period and enters a low inflation regime period.
  • Topic: International Relations, Development, Economics, International Trade and Finance
  • 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: Ivelaw L. Griffith
  • Publication Date: 10-1996
  • Content Type: Working Paper
  • Institution: Institute for National Strategic Studies
  • Abstract: This study assesses the Caribbean security landscape on the eve of the fast-approaching new century with a view to considering what the future portends in the security arena. Engaging in even guarded prospection during this period of history is particularly difficult, but also exciting, partly because of dramatic changes that the world began undergoing during the 1980s. These changes make scholars and statesmen approach the new century with a combined sense of expectancy and apprehension. The expectancy stems from the anticipated benefits of the end of the Cold War, among other things; the apprehension is driven by them may unknowns that tile dynamics of changing international relations hold for the future. This is true for the Caribbean as it is for other regions of the world, and it holds true for security as it does for other issue areas.
  • Topic: Security, Defense Policy, International Law
  • Political Geography: Caribbean
  • Author: Donna Lee Van Cott
  • Publication Date: 10-1996
  • Content Type: Working Paper
  • Institution: Institute for National Strategic Studies
  • Abstract: The cycle of Indian rebellion and government repression that characterized the first centuries of contact between European and Amerindian peoples cannot yet be consigned to the history books. The eruption of an armed movement in southern Mexico, comprised primarily of destitute Maya Indians, as well as smaller demonstrations of resistance in Brazil, Ecuador, and elsewhere speaks eloquently to this fact. While the majority of conflicts between the estimated 40 million indigenous peoples in Latin America and the societies in which they live are now played out in the political arena, security issues continue to generate violent interethnic conflict. Since the Conquest, the interests of indigenous communities usually have conflicted with national governments' security policies. These include a dimension explicitly intended to control the autonomous tendencies of indigenous communities, suppress Indian political organizing, and erase the independent identity of Indian nations.
  • Topic: Security, Defense Policy, International Law
  • Political Geography: Brazil, South America, Latin America, Central America
  • Author: Barry D. Watts
  • Publication Date: 10-1996
  • Content Type: Working Paper
  • Institution: Institute for National Strategic Studies
  • Abstract: Since the end of the U.S.-Soviet Cold War, there has been growing discussion of the possibility that technological advances in the means of combat would produce ftmdamental changes in how future wars will be fought. A number of observers have suggested that the nature of war itself would be transformed. Some proponents of this view have gone so far as to predict that these changes would include great reductions in, if not the outright elimination of, the various impediments to timely and effective action in war for which the Prussian theorist and soldier Carl von Clausewitz (1780-1831) introduced the term "friction." Friction in war, of course, has a long historical lineage. It predates Clausewitz by centuries and has remained a stubbornly recurring factor in combat outcomes right down to the 1991 Gulf War. In looking to the future, a seminal question is whether Clausewitzian friction would succumb to the changes in leading-edge warfare that may lie ahead, or whether such impediments reflect more enduring aspects of war that technology can but marginally affect. It is this question that the present essay will examine.
  • Topic: Security, Defense Policy, Cold War, Government, International Law
  • Political Geography: United States, Soviet Union, Southeast Asia
  • Author: Ralph A. Cossa
  • Publication Date: 08-1996
  • Content Type: Working Paper
  • Institution: Institute for National Strategic Studies
  • Abstract: The political, economic, and security environment of the Asia-Pacific region in the 21st century will be shaped in very large part by the interrelationships among the United States, Japan, China, and Russia. To the extent these four nations can cooperate, a generally benign environment can develop in which the challenges sure to develop in the region can be managed. Conversely, tensions and conflict among the four will have a profoundly destabilizing impact regionally, if not globally.
  • Topic: Security, Defense Policy, International Law
  • Political Geography: Russia, Japan, China, Asia, Northeast Asia
  • Author: Alan L. Gropman
  • Publication Date: 08-1996
  • Content Type: Working Paper
  • Institution: Institute for National Strategic Studies
  • Abstract: At a dinner during the Teheran Conference in December 1943, Joseph Stalin praised United States manufacturing: I want to tell you from the Russian point of view, what the President and the United States have done to win the war. The most important things in this war are machines. The United States has proven that it can turn out from 8,000 to 10,000 airplanes per month. Russia can only turn out, at most. 3,000 airplanes a month .... The United States, therefore, is a country of machines. Without the use of those machines, through Lend-Lease, we would lose this war.
  • Topic: Security, Defense Policy, Industrial Policy, International Law
  • Political Geography: United States, Vietnam
  • 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: Mark Roberts
  • Publication Date: 01-1996
  • Content Type: Working Paper
  • Institution: Institute for National Strategic Studies
  • Abstract: In her book, States and Social Revolutions: A Comparative Analysis of France, Russia, and China (1979), revolutionary authority and sociologist Theda Skocpol states: The repressive state organizations of the prerevolutionary regime have to be weakened before mass revolutionary action can succeed, or even emerge. Indeed, historically, mass rebellious action has not been able, in itself, to overcome state repression. Instead, military pressures from abroad … have been necessary to undermine repression.
  • Topic: Security, Defense Policy, International Law, Nuclear Weapons, Religion
  • Political Geography: Russia, China, Middle East, France
  • Author: M.E. Ahrari, James Beal
  • Publication Date: 01-1996
  • Content Type: Working Paper
  • Institution: Institute for National Strategic Studies
  • Abstract: The dismantlement of the Soviet Union also brought about the liberation of six Central Asian Muslim republics—Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan (figure 1). Although Azerbaijan is part of the Caucasus region, it is included in this study because: The independence of that country, like that of the Central Asian states, was brought about as a result of the dismantlement of the Soviet Union. Azerbaijan, like its Central Asian counterparts, is a Muslim state, and faces similar politico-economic problems. Azerbaijan's conflict with Armenia involving Nagorno-Karabkh reminds one of a number of conflicts in the Central Asian region. These include a seething ethnic conflict in Kazakhstan (involving the Khazaks and the Slavs), the ongoing civil war in Tajikistan "along ethnic, national, and religious lines (since the Russian forces are "also involved in this civil war), and the ethnic conflict in the Fargana valley that cuts across the borders of Kyrgyzstan and Uzbekistan. Like the economies of its Central Asian neighbors, the Azeri economy was largely dependent on the economy of the former Soviet Union. Consequently, like its other neighbors, Azerbaijan is also busy establishing economic self-sufficiency, along with strengthening its religious political, linguistic, and ethnic identities.
  • Topic: Security, Defense Policy, International Law, Nuclear Weapons, Religion
  • Political Geography: Central Asia, Middle East, Soviet Union
  • Author: S. Neil MacFarlane, Larry Minear, Stephen D. Shenfield
  • Publication Date: 01-1996
  • Content Type: Working Paper
  • Institution: Watson Institute for International Studies, Brown University
  • Abstract: This is a study of the world's response to internal armed conflicts in the Republic of Georgia. The principal features of that response on the humanitarian side were the delivery of emergency assistance and the protection of human rights. That response also included the establishment of peacekeeping operations, both by the Commonwealth of Independent States, with the United Nations' blessing, and by the United Nations itself. This report assesses the performance and effectiveness of humanitarian and peacekeeping activities and reviews the interaction between the two.
  • Topic: Peacekeeping
  • Political Geography: Georgia
  • Author: Wayne S. Smith, Cathy L. Jrade, Geaorge Monteiro, Nelson R. Orringer, Louis A. Pérez,Jr, Ivan A. Schulman, Thomas E. Skidmore
  • Publication Date: 01-1996
  • Content Type: Working Paper
  • Institution: Watson Institute for International Studies, Brown University
  • Abstract: Thirty-five years ago, Cuba was at the center of a Cold War confrontation that brought us closer to the brink of a nuclear holocaust than we had ever been before. The 1962 missile crisis, eventually solved by diplomacy, was the highest point of danger in the troubled history of mankind since World War II. That terrifying experience alone should justify our efforts to understand how Cuba has reached its present moment in history.
  • Political Geography: Cuba
  • Author: Antonio Donini
  • Publication Date: 01-1996
  • Content Type: Working Paper
  • Institution: Watson Institute for International Studies, Brown University
  • Abstract: As it struggles through the first decade of the post-Cold War era, the international community is confronted with an unprecedented increase in the number of internal conflicts and complex emergencies. With some 120 active wars and more starting each year than are ending, the world is a much less safer place than ten years ago. Never since the end of World War II has conflict-related displacement reached such levels. Fifty million refugees and internally displaced persons, or one in every 115 living human beings, require assistance. Tens of millions more do not show up on the statistics, such as the direct and indirect casualties of conflict and violent or forgotten crises. More than 90 percent of the casualties are civilians.
  • Author: Larry Minear, Thomas G. Weiss, William G. O'Neill, Robert Maguire, Edwige Blutansky, Jaques Fomerand, Sarah Zaidi
  • Publication Date: 01-1996
  • Content Type: Working Paper
  • Institution: Watson Institute for International Studies, Brown University
  • Abstract: In his inaugural speech February 7, 1991, President Jean-Bertrand Aristide told representatives of the international community that Haiti “will be looking forward to a close cooperation of our countries with mutual support and assistance.” That cooperation would help the country fulfill its dreams of becoming “a democracy [that] will mean justice and well-being for all.
  • Author: Greg Hansen, Robert Seeley
  • Publication Date: 01-1996
  • Content Type: Working Paper
  • Institution: Watson Institute for International Studies, Brown University
  • Abstract: The war in Chechnya has presented unique obstacles to effective humanitarian action. The continued precariousness of the humanitarian effort points to the need to reflect upon the experiences of humanitarian actors in this perilous setting and to identify and clarify lessons to be learned from unfolding events. This report appraises the context and effectiveness of humanitarian action associated with the war in Chechnya and offers several recommendations.
  • Topic: Humanitarian Aid, War
  • Political Geography: Chechnya
  • Publication Date: 10-1995
  • Content Type: Working Paper
  • Institution: Council on Foreign Relations
  • Abstract: Dr. LESLIE GELB (President, Council on Foreign Relations): Good morning, ladies and gentlemen. My name is Leslie Gelb. I'm president of the Council on Foreign Relations, and I welcome you to our fourth, now, Policy Impact Panel, the idea being, take on a major public policy issue in foreign policy, national security policy, lay out the problems and issues and get a clear sense of the alternatives.
  • Topic: Foreign Policy, Defense Policy
  • Political Geography: United States
  • 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: John Leslie, Paul M. Lubeck, Georgi Derlugian, Elaine Thomas, Maria Todorova, Philip G. Roeder, Andrew Bell-Flailkoff, Nirvikar Singh, Daniel Chirot, Beverly Crawford, Ronnie Lipschutz
  • Publication Date: 03-1995
  • Content Type: Working Paper
  • Institution: Center for German and European Studies, University of California, Berkeley
  • Abstract: This paper looks at the relationship between the rise of Islamic radicalism and changes in the global political and economic order. The author suggests that the major independent variable explaining whether Islamic radicalism can take power in a given state is the degree to which the state is able to articulate and then successfully pursue a national agenda. The success of such an agenda is in turn dependent upon the position of the state in the context of the global order. Thus, the author makes the claim that the creation of an integrated, global market exacerbates rather than suppresses Islamic radicalism because it interferes with the ability of any given state to pursue its own agenda. Economic liberalization weakens state authority, exposes its citizens to global competition and creates social and economic dislocation, providing an opportunity for Islamic radicals to position themselves as an alternative to further global integration.
  • Topic: Security, Ethnic Conflict, Islam, Nationalism, Sovereignty