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54261. Composite Indexes of Leading, Coincident, and Lagging Indicators: July 2000

Publication Date:
07-2000
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The leading index decreased by 0.1 percent, the coincident index held steady, and the lagging index decreased by 0.1 percent in July. Taken together, the three composite indexes and their components point to a slowing in the pace of economic activity for the second half of the year. The decline in the leading index over the past 6 months signifies a moderation in the momentum of the economy. After several months of strong gains, the unchanged level of the coincident index for the month of July is consistent with the deceleration in the performance of the leading index. No change in the coincident index, coupled with a decline in the lagging index, resulted in a rise in the coincident-to-lagging ratio. The decline in the leading index would be a stronger signal of an economic slowdown had it been matched by a decline in the ratio.
Topic:
Economics
Political Geography:
United States

54262. Composite Indexes of Leading, Coincident, and Lagging Indicators: June 2000

Publication Date:
06-2000
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The leading index held steady, the coincident index increased by 0.2 percent, and the lagging index increased by 0.8 percent in June. Taken together, the three composite indexes and their components point to sustained expansion but not at the rapid pace we saw in the beginning of the year: The flat pace in the leading indicators in the recent months clearly points to moderating momentum in the pace of economic activity. Gains in the employment, income and industrial production continue to drive the coincident index, even as growth in the leading index slows. If sharp increases in the lagging index continue, cyclical imbalance could jeopardize the economy's stability.
Topic:
Economics
Political Geography:
United States

54263. Composite Indexes of Leading, Coincident, and Lagging Indicators: May 2000

Publication Date:
05-2000
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The leading index decreased by 0.1 percent, the coincident index increased by 0.2 percent, and the lagging index increased by 0.2 percent in May. Taken together, the three composite indexes and their components point to sustained expansion but not at the rapid pace we saw in the beginning of the year: The modest pace in the leading index in the recent months clearly indicates some loss of momentum in the pace of economic activity. Gains in the employment, income, and industrial production continue to drive the coincident index. Future interest-rate increases remain to be the most significant threat to the current economic expansion.
Topic:
Economics
Political Geography:
United States

54264. Composite Indexes of Leading, Coincident, and Lagging Indicators: April 2000

Publication Date:
04-2000
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The leading index decreased by 0.1 percent, the coincident index increased by 0.5 percent, and the lagging index increased by 0.6 percent in April. Taken together, the three composite indexes and their components continue to show a strong economy: The indicators point to a continuation of the expansion during 2000, though at a slower pace than that of the last six months. The biggest risk to the ongoing expansion remains the interest-rate increases at hand, and the prospect of still more Federal Reserve action. The most immediate risk would be a sustained inverted yield curve.
Topic:
Economics
Political Geography:
United States

54265. Composite Indexes of Leading, Coincident, and Lagging Indicators: March 2000

Publication Date:
03-2000
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The leading index increased 0.1 percent, the coincident index increased 0.4 percent, and the lagging index held steady in March. Taken together, the three composite indexes and their components show a strong economy: The coincident indicators show that the economy continued to expand through March. Coupled with no change in the lagging index, the coincident-to-lagging ratio shows that last months decline was merely a one-month aberration. The leading indicators point to a continuation of the expansion during 2000, though not at the pace of the last six months. The lagging index shows that cyclical imbalances were not a problem in March, but should be monitored for future increases.
Topic:
Economics
Political Geography:
United States

54266. Composite Indexes of Leading, Coincident, and Lagging Indicators: February 2000

Publication Date:
02-2000
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The leading index decreased 0.3 percent, the coincident index increased 0.1 percent, and the lagging index increased 0.8 percent in February. Taken together, the long-term outlook remains positive: The coincident indicators show that the economy continued to expand through the second month of the year. With the release of February data, the expansion that began in the early 1990's is now the longest expansion in U.S. history. Despite a decline in the leading indicators, continued economic growth is expected. Cyclical imbalances and related economic instability, as measured by the lagging index, must be monitored for future increases.
Topic:
Economics
Political Geography:
United States

54267. Composite Indexes of Leading, Coincident, and Lagging Indicators: January 2000

Publication Date:
01-2000
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The leading index increased 0.3 percent, the coincident index increased 0.4 percent, and the lagging index decreased 0.2 percent in January. Taken together, the three composite indexes and their components show a strong economy: The coincident indicators show that the economy continued to expand through the first month of the year. With the release of January data, the economy has tied the expansion of the 1960's as the longest expansion in U.S. history. The leading indicators point to a continuation of the expansion during 2000. The lagging index shows that cyclical imbalances were not a problem in January.
Topic:
Economics
Political Geography:
United States

54268. Re-Armament in Sierra Leone: One Year After the Lomé Peace Agreement

Author:
Eric Berman
Publication Date:
12-2000
Content Type:
Working Paper
Institution:
Small Arms Survey
Abstract:
On 7 July 1999, the government of Sierra Leone and the Revolutionary United Front (RUF) signed the Lomé Peace Agreement in an effort to end over eight years of civil war between the government and the RUF. This confl ict resulted in tens of thousands of deaths and the displacement of more than 2 million people – well over one-third of the total population – many of whom are now refugees in neighbouring countries. A central component of this agreement called for the RUF to disarm. But this did not happen. Instead, a year later, the RUF leader, Foday Sankoh, was in the custody of the Sierra Leonean government and the future of the peace accord was in grave doubt.
Topic:
Arms Control and Proliferation and War
Political Geography:
Africa

54269. ASEM 3: More Talk or Move Forward?

Author:
Yeo Lay Hwee
Publication Date:
10-2000
Content Type:
Working Paper
Institution:
Danish Institute for International Studies (DIIS)
Abstract:
The Third ASEM Summit (ASEM 3) was held in Seoul on 20-21 October 2000. Openly, those who participated in the meeting, and several of the Asian newspapers, particularly the Korean papers, were happy to hail the meeting as a "success". What does it mean? With the presence of all heavy-weight European and Asian leaders - Tony Blair, Jacques Chirac, Gerhard Schroeder, Zhu Rongji, Yoshiro Mori, Abdurrahman Wahid, and the adoption of three Documents - The Chairman's Statement; Seoul Declaration for Peace on the Korean Peninsula; and the Asia-Europe Cooperation Framework 2000, it is possibly the best outcome one could hope for under the cloud of rumours of forum-fatigue, acrimonious debates about human rights, increasing divergences and complaints on the slow progress of some key initiatives such as the Trade Facilitation Action Plan (TFAP) during the preparatory process. That the meeting was held smoothly under tight security without any major disruptions from anti-globalisation protestors was another triumph for the Korean government, especially in the wake of a series of street protests and demonstrations that targeted and disrupted several international meetings since the Seattle fiasco in November last year.
Topic:
International Relations and Government
Political Geography:
Europe and Asia

54270. The fall of Milosevic and the Kosovo problem

Author:
Kenneth Schmidt Hansen
Publication Date:
09-2000
Content Type:
Working Paper
Institution:
Danish Institute for International Studies (DIIS)
Abstract:
Despite all precautions taking by Slobodan Milosevic the Presidential elections held in Yugoslavia 24 September 2000 turned out to be his Waterloo. It is an outspread belief that the political regime in the Federal Republic of Yugoslavia that Slobodan Milosevic represented was one of the last obstacles to bringing peace and stability to the Balkans. Despite this outspread belief, it is in this paper argued that the problems in Kosovo are not just the product of the policy pursued by Milosevic which implies that they not necessarily will be easier solved in the years to come even though a democratic revolution has taken place in Yugoslavia. No solution to the Kosovo problem seems available that will satisfy both the Serbs and the Kosovo-Albanians. But perhaps most interesting, it seems reasonable to argue that even maintaining status quo, i.e. not deciding for the final status of Kosovo, might turn out to be a problem for the current democratic developments in Belgrade.
Topic:
International Relations, Development, and Politics
Political Geography:
Europe, Kosovo, Yugoslavia, and Albania

54271. Back in the U.S.S.R.? Russia as an Actor in World Politics

Author:
Mette Skak
Publication Date:
07-2000
Content Type:
Working Paper
Institution:
Danish Institute for International Studies (DIIS)
Abstract:
The gap between the structural reality surrounding Russia and the cognitive level of Russian foreign policy making is highlighted. The literature on Russian foreign policy is reviewed, distinguishing between 'optimists' and 'pessimists'. The analysis differentiates between 'milieu goals' and 'possession goals' and traces the pursuit of these goals in Czarist Russian, Soviet and postcommunist Russian foreign policy. The conclusion is that possession goals – hard-core realism, as it were – remain the dominant feature of Russian foreign policy (as in the Soviet era). This challenges the theory of democratic peace. This finding is then subjected to a policy-oriented criticism of Russian foreign policy. Three examples of dysfunctional Russian foreign policy are addressed: the misguided pursuit of multipolarity, myth and reality about regional priorities, and Russian self-destructive partisanship in ex-Yugoslavia. The final section raises the eternal Russian questions of Kto vinovat? and Shto delat'?On the causal factors behind the observed traits of irrationality, the analysis emphasises the volatile, 'praetorian' decision-making environment. Concerning policy implications, the dialogue with Russia must address features of realism, for instance by marketing the virtue of internal balancing, and as for concessions, formally dismiss foreign policy doctrines of spheres-of-influence like the Monroe doctrine as anachronistic in an era of globalization.
Topic:
International Relations, Foreign Policy, and Politics
Political Geography:
Russia

54272. The Emergence of the New Nordic Co-operation

Author:
Tom Schumacher
Publication Date:
06-2000
Content Type:
Working Paper
Institution:
Danish Institute for International Studies (DIIS)
Abstract:
Nordic Co-operation is an outstanding example of how radically many international institutions changed their functions, working structures and not at least their motives of existence since 1989. It is significant that this regional institution is now aiming to influence developments in third countries and consequently plays its own role in the reconstruction of Europe after the end of the Cold War. This article investigates the motives behind this transformation. After reviewing theoretical and empirical research on institutional adaptation done by other scholars of International Relations, the dimensions of change in Nordic Co-operation will be shown by contrasting its motives, institutions and tasks in the decades before and after 1989. One interesting and quite relevant factor seems to be a certain dynamic of development which is a result of reciprocal interaction with other international institutions in Northern Europe. This aspect will be a special focus of this paper.
Topic:
Security, Civil Society, and Cold War
Political Geography:
Europe

54273. "War is Never Civilised";: Civilisation, Civil Society and the Kosovo War

Author:
Mikkel Vedby Rasmussen
Publication Date:
04-2000
Content Type:
Working Paper
Institution:
Danish Institute for International Studies (DIIS)
Abstract:
'War is never civilised', Prime Minister Tony Blair declared on 10 June 1999 as the Serb government yielded to NATO's bombing campaign, 'but war can be necessary to uphold civilisation' he went on (Blair, 1999a). Thus 79 days of war were brought to an end by the assertion that war had secured for the future the principles on which the post-Cold War European order was founded. For that reason the Kosovo war provides an opportunity to study what the West believed to be the foundation of the new European order. It is important to use this opportunity because the reflexive confusion which followed the end of the Cold War has finally settled in a new order. To understand how the West constructs this order is a major concern for anyone how wants a glimpse of what the twenty-first century has to offer international relations.
Topic:
Security, Civil Society, and War
Political Geography:
Europe

54274. European State Formation 1900-2000

Author:
Birthe Hansen
Publication Date:
03-2000
Content Type:
Working Paper
Institution:
Danish Institute for International Studies (DIIS)
Abstract:
This paper focuses on twentieth century European state formation. The purpose is to present a survey of these, to point at significant patterns, and to offer an explanation of why the states were formed.
Topic:
Security, Government, and Politics
Political Geography:
Europe

54275. The NATO of the Future: Intervention and Integration in Europe

Author:
Bertel Heurlin
Publication Date:
01-2000
Content Type:
Working Paper
Institution:
Danish Institute for International Studies (DIIS)
Abstract:
There is good reason to take a closer look at NATO. The former Cold War alliance has dominated the international arena for a considerable amount of time. Should NATO have been dissolved long ago? What are the reasons for NATO's revival? Not only is NATO expanding, it has also recently conducted a war in the very heart of Europe. What can this renaissance and hectic NATO-activity lead to? Many politicians, commentators and observers discern the development of a new cold war, not least because of the lack of Russian support for, and understanding of, NATO's bombings in the Balkans. In May 1999, a prominent Russian security expert alleged that “if NATO commits a mistake such as the bombings in Yugoslavia, there would be a risk of Russian retaliation with nuclear weapons.2 Others, on the other hand, predict a collapse of the organisation as a whole because of internal disputes among the member states due to the extremely complex situation in the Balkans.
Topic:
Security, NATO, and Politics
Political Geography:
Russia, Europe, Yugoslavia, and Balkans

54276. Integration Policy: Between Foreign Policy and Diffusion

Author:
Morten Kelstrup
Publication Date:
07-2000
Content Type:
Working Paper
Institution:
Danish Institute for International Studies (DIIS)
Abstract:
This working paper is a discussion of the concept of “integration policy” and its application, in particular to the study of policies of individual states towards European integration. The paper takes its point of departure in traditional studies of foreign policy. It illustrates different approaches to the study of foreign policy. It claims that when we are dealing with policy towards integration, for instance European integration, focus has to be redirected from the study of foreign policy to what we might call integration policy. Different dimensions of integration policy are specified. European integration is interpreted at being somewhere between intergovernmental cooperation and supranational decision making. It is shown how integration policy, as integration become more intense, will develop into a proliferated and multidimensional set of policies and possibly develop further into “diffusion”. The overall contribution of the paper is to conceptualise a new, grey area and to contribute to the study of different kinds of integration policy.
Topic:
International Relations, Foreign Policy, and International Cooperation
Political Geography:
Europe

54277. The Coming Apathy: Africa Policy Under a Bush Administration

Author:
Salih Booker
Publication Date:
12-2000
Content Type:
Working Paper
Institution:
Africa Policy Information Center
Abstract:
"There's got to be priorities," George W. Bush responded when asked about Africa in the second presidential campaign debate. Africa did not make his short list: the Middle East, Europe, the Far East, and the Americas. A Bush presidency portends a return to the blatantly anti-African policies of the Reagan-Bush years, characterized by a general disregard for black people and a perception of Africa as a social welfare case. Vice President Dick Cheney is widely expected to steer the younger Bush on most policy matters especially foreign affairs. Cheney's perspective on Africa in the 1980s was epitomized by his 1986 vote in favor of keeping Nelson Mandela in prison and his consistent opposition to sanctions against apartheid South Africa.
Topic:
Foreign Policy, Development, and Human Welfare
Political Geography:
Africa, United States, and South Africa

54278. HIV/AIDS and Failed Development

Author:
Joe Collins and Bill Rau
Publication Date:
03-2000
Content Type:
Working Paper
Institution:
Africa Policy Information Center
Abstract:
HIV/AIDS continues to cut into the fabric of African households and societies. It is not uncommon to hear that a quarter to a third of the adult population in several african countries are HIV infected. Against this reality of a rapidly spreading epidemic, some two decades of prevention interventions have met with but limited success. Whatever successes there might be are not to be lightly dismissed. The reasons for those successes, however, are not well understood and thus not readily applicable elsewhere. To date, most prevention efforts have focused on increasing individual awareness about risks of transmission and promoting individual risk reduction through a variety of means.
Topic:
Development, Human Welfare, and Third World
Political Geography:
Africa

54279. Turning Points in the Korean Space-Economy: From the Developmental State to Intercity Competition, 1953-2000

Author:
Mike Douglass
Publication Date:
10-2000
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
Territorial development processes and patterns in Korea from the 1950s have encountered four turning points. The first involved the reconstitution of the Korean nation state, which, following radical land reform, implicitly focused on the expansion of the Seoul Capital Region. The second came with the launching of strategies for export-oriented urbanindustrial growth in the early 1960s, which led to the development, in the 1970s, of an urban-industrial corridor moving from the rapidly expanding metropolis of Seoul to the southeast coast, centered on Pusan and heavy industrial complexes. The third turning point was brought about by rising wages and labor costs; the ascending value of the Korean currency; and the overseas relocation of labor-intensive industries, which saw a repolarization of growth in Seoul and a deindustrialization of other metropolitan economies. While some regions outside of Seoul began to register high rates of economic growth around automotive and electronics industries in the early 1990s, this pattern was abruptly challenged at the fourth turning point, the 1997 financial crisis in East and Southeast Asia. Recovery from the crisis is being pursued under a fundamentally new political and economic strategy of decentralized policymaking. The major territorial development question facing Korea at this turning point is whether localities can create capacities to rebuild and sustain their economies through direct engagement in a turbulent world economy.
Topic:
Security
Political Geography:
United States, Asia, Korea, and Southeast Asia

54280. Political Change in Taiwan: Implications for American Policy An address by RICHARD BUSH and Roundtable Discussion on Taiwan's Historic 2000 Elections

Author:
Katsuhiro Nakagawa
Publication Date:
10-2000
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
Richard Bush is chairman of the board and managing director of the American Institute in Taiwan (AIT), a private organization that conducts unofficial relations with the island of Taiwan on behalf of the United States government. Established in April 1979, AIT has a small headquarters in Washington, D.C., and offices in Taipei and Kaohsiung. Dr. Bush was appointed to the AIT Board by Secretary of State Madeleine Albright on September 2, 1997, and was selected as chairman and managing director on the same day.
Topic:
Security
Political Geography:
United States, America, Washington, and Asia