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Begin New Search Publishing Institution Carnegie Endowment for International Peace Publication Year within 10 Years

31. Cyber Risk Scenarios, the Financial System, and Systemic Risk Assessment

Author:
Lincoln Kaffenberger and Emanuel Kopp
Publication Date:
09-2019
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
Cyber risk has become a key issue for stakeholders in the financial system. But its properties are still not precisely characterized and well understood. To help develop a better understanding, we discuss the properties of cyber risk and categorize various cyber risk scenarios. Furthermore, we present a conceptual framework for assessing systemic cyber risk to individual countries. This involves analyzing cyber risk exposures, assessing cybersecurity and preparedness capabilities, and identifying buffers available to absorb cyber risk–induced shocks.
Topic:
Science and Technology, Cybersecurity, Finance, Internet, and Risk
Political Geography:
Global Focus

32. ICT Supply Chain Integrity: Principles for Governmental and Corporate Policies

Author:
Ariel Levite
Publication Date:
10-2019
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
In an increasingly digitized world, information and communication technologies (ICTs), and especially operational technologies (OTs), have assumed critical importance for governments, industry, and the general public worldwide. Yet trust in the integrity of these products and services is declining because of mounting concerns over inadvertent vulnerabilities in the supply chain and intentional backdoor interventions by state and corporate actors. Compounding the problem, these legitimate security concerns are sometimes exaggerated for political and commercial reasons—a counterproductive dynamic that fuels rivalries, fragments the marketplace, increases anxiety, stifles innovation, and drives up costs. Inarguably, some governments have been intervening in the ICT/OT supply chain or at least laying the groundwork for such interventions. They believe the pursuit to be justifiable and legal, citing objectives related to intelligence, law enforcement, and military operations. Whether valid or not, the concern is that certain corporations are actively or passively weakening the security of the supply chain and final products either at the behest of governments or for questionable purposes. Another concern is that both state and corporate interventions could leverage or mask what are purely lax security standards or flaws in products and services. And this further reduces trust in ICT/OT.
Topic:
Security, Government, Science and Technology, and Private Sector
Political Geography:
Global Focus

33. Lessons Learned and Evolving Practices of the TIBER Framework for Resilience Testing in the Netherlands

Author:
Petra Hielkema and Raymond Kleijmeer
Publication Date:
10-2019
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
Financial institutions face an evolving threat landscape with a wide range of hostile actors targeting them. Regulators and consumers reasonably expect the institutions to make themselves more secure. The question then emerges as to whether financial institutions are complying with the different standards, rules, and regulations regarding their security. International standard-setting bodies have recognized the need to raise the bar higher for the resilience of financial institutions. The publication of the Committee on Payments and Market Infrastructures-International Organization of Securities Commissions (CPMI-IOSCO) guidance on cyber resilience in June 2016 has been pivotal in emphasizing the need to have an integrated approach for financial market infrastructures, with the institution’s board being ultimately responsible and accountable for cyber resilience.1 Increasingly, authorities and financial institutions alike recognize that, in addition to assessing the overall resilience posture of a financial institution against sophisticated attacks, it will be important to actually test this posture. The CPMI-IOSCO guidance includes a chapter dedicated to testing, containing several examples of activities to that end. Recently, frameworks for testing the resilience posture of institutions in practice have been developed internationally.
Topic:
Markets, Science and Technology, Finance, and Resilience
Political Geography:
Europe, Netherlands, and Global Focus

34. India’s Quest for Jobs: A Policy Agenda

Author:
Venkatraman Anantha ("Van") Nageswaran and Gulzar Natarajan
Publication Date:
10-2019
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
Proven to be the best engines for job creation, new and smaller enterprises are India's answer to rising unemployment and a burgeoning youth population. Research findings related to entrepreneurship, business growth, and job creation—as well as a comparison of India’s private sector with those of other countries—reveal an alternative path forward for generating productive jobs in India. Seven findings are particularly relevant: 1. Although micro businesses dominate most countries’ economies, India’s economy has an excessive proportion of less productive, informal micro businesses. 2. Employment in India is concentrated in the micro businesses, whereas in developed countries, it is concentrated in formal small and medium-sized firms. 3. Productive jobs are created by firms that start out as formal. 4. New and young firms create more jobs than older, established firms. 5. Growing and efficient firms are founded and run by educated entrepreneurs. 6. Older firms in India exhibit lower productivity than firms of similar ages in developed countries. 7. India has a deficit of productive, job-creating entrepreneurs and an excess of informal entrepreneurs focused on surviving. Based on the findings, it is clear that policies aimed at creating jobs should support, first and foremost, the establishment and growth of new and young formal firms. These policies should make it easier and less costly for entrepreneurs to start and grow a firm.
Topic:
Employment, Youth, Labor Policies, and Unemployment
Political Geography:
South Asia and India

35. Late to the Party: Russia’s Return to Africa

Author:
Paul Stronski
Publication Date:
10-2019
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
After a decades-long absence, Russia is once again appearing on the African continent. The Kremlin’s return to Africa, which has generated considerable media, governmental, and civil society attention, draws on a variety of tools and capabilities. Worrying patterns of stepped-up Russian activity are stirring concerns that a new wave of great-power competition in Africa is now upon us. U.S. policymakers frequently stress the need to counter Russian malign influence on the continent. On a visit to Angola in early 2019, Deputy Secretary of State John Sullivan said that “Russia often utilizes coercive, corrupt, and covert means to attempt to influence sovereign states, including their security and economic partnerships.”1 Advocates for a more forceful Western policy response point to high-visibility Russian military and security cooperation in the Central African Republic and the wide-ranging travels of Russian political consultants and disinformation specialists as confirmation that Russia, like China, represents a major challenge in Africa. Yet is that really the case? Are Russian inroads and capabilities meaningful or somewhat negligible? Hard information is difficult to come by, but any honest accounting of Russian successes will invariably point to a mere handful of client states with limited strategic significance that are isolated from the West and garner little attention from the international community. It remains unclear whether Russia’s investments in Africa over the past decade are paying off in terms of creating a real power base in Africa, let alone putting it on a footing that will expand its influence in the years to come. Nevertheless, Russia increasingly looks to Africa as a region where it can project power and influence. President Vladimir Putin will welcome leaders from across the continent to Sochi in late October for the first Africa-Russia summit, a clear indication of the symbolic importance that Africa holds for the Kremlin right now.2 It is clear that Russian inroads there would be far more limited but for the power vacuums created by a lack of Western policy focus on Africa in recent years. That state of affairs gives Russia (and other outside powers) an opportunity to curry favor with the continent’s elites and populations. More than anything else, it is opportunism that propels Russia’s relatively low-cost and low-risk strategies to try to enhance its clout and unnerve the West in Africa, just as in Europe, Latin America, and the Middle East.
Topic:
International Affairs, Power Politics, Democracy, Geopolitics, and Peace
Political Geography:
Africa, Russia, North America, and United States of America

36. Defending Civic Space: Is the International Community Stuck?

Author:
Saskia Brechenmacher and Thomas Carothers
Publication Date:
10-2019
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
Since the mid-2000s, civic space has come under attack in many countries around the world. To counter this trend, transnational actors that support civil society have responded in many ways—from exerting diplomatic pressure and building international norms to providing emergency funds for activists. Despite these efforts, governments continue to impose legal and extralegal restrictions amid a worsening larger political environment for civil society. Closing civic space now appears to be just one part of a much broader pattern of democratic recession and authoritarian resurgence. The international response seems stuck: some useful efforts have been undertaken, but they appear too limited, loosely focused, and reactive.
Topic:
Civil Society, Government, Political Activism, and International Community
Political Geography:
Global Focus

37. Russia in the Middle East: Jack of All Trades, Master of None

Author:
Eugene Rumer
Publication Date:
10-2019
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
The 2015 Russian military intervention in Syria was a pivotal moment for Moscow’s Middle East policy. Largely absent from the Middle East for the better part of the previous two decades, Russia intervened to save Bashar al-Assad’s regime and reasserted itself as a major player in the region’s power politics. Moscow’s bold use of military power positioned it as an important actor in the Middle East. The intervention took place against the backdrop of a United States pulling back from the Middle East and growing uncertainty about its future role there. The geopolitical realignment and instability caused by the civil wars in Libya and Syria and the rivalry between Iran and Saudi Arabia have opened opportunities for Russia to rebuild some of the old relationships and to build new ones. The most dramatic turnaround in relations in recent years has occurred between Russia and Israel. The new quality of the relationship owes a great deal to the personal diplomacy between Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu, but Russia’s emergence as a major presence in Syria has meant that the Israelis now have no choice but to maintain good relations with their new “neighbor.” Some Israeli officials hope that Moscow will help them deal with the biggest threat they face from Syria—Iran and its client Hezbollah. So far, Russia has delivered some, but far from all that Israel wants from it, and there are precious few signs that Russia intends to break with Iran, its partner and key ally in Syria. Russian-Iranian relations have undergone an unusual transformation as a result of the Russian intervention in the Syrian civil war. Their joint victory is likely to lead to a divergence of their interests. Russia is interested in returning Syria to the status quo ante and reaping the benefits of peace and reconstruction. Iran is interested in exploiting Syria as a platform in its campaign against Israel. Russia lacks the military muscle and the diplomatic leverage to influence Iran. That poses a big obstacle to Moscow’s ambitions in the Middle East.
Topic:
Foreign Policy, Military Strategy, Geopolitics, and Military Intervention
Political Geography:
Russia, Iran, Middle East, Syria, and United States of America

38. Six Ideas for Rejuvenating European Democracy

Author:
Richard Youngs, Stephen Boucher, Israel Butler, Maarten De Groot, Elisa Lironi, Sophia Russack, Corina Stratulat, and Anthony Zacharzewski
Publication Date:
11-2019
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
n recent years some European states have suffered dramatic regression, while others have experienced more subtle forms of democratic erosion. Several EU governments have constricted civic liberties. There has been lively debate about how much European citizens are losing faith in core democratic values. In general, the demand for democratic participation is outstripping its supply at both the national and EU levels. In recent years some European states have suffered dramatic regression, while others have experienced more subtle forms of democratic erosion. Several EU governments have constricted civic liberties. There has been lively debate about how much European citizens are losing faith in core democratic values. In general, the demand for democratic participation is outstripping its supply at both the national and EU levels.
Topic:
Politics, Governance, Reform, and Democracy
Political Geography:
Europe and European Union

39. EU Defense Cooperation: Progress Amid Transatlantic Concerns

Author:
Erik Brattberg and Tomáš Valášek
Publication Date:
11-2019
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
European defense cooperation has made unprecedented strides since 2014 and further progress is expected under the new European Commission. Driving these developments are a combination of internal and external factors. Among them is a more challenging security environment in Europe, the disruptive impact of the Brexit negotiations and the election of U.S. President Donald Trump, demands for deeper European Union (EU) integration in the wake of the 2009 eurozone debt crisis, and defense industrial rationales. As the 2016 European Global Strategy makes clear, the EU’s ambition is to become a more strategically autonomous security player capable of taking more independent action, especially in its own neighborhood. But this will require the decisionmaking structures that can act swiftly and autonomously in crises, the necessary civilian and operational capabilities to carry out these decisions, and the means to produce the necessary capabilities through a competitive high-tech European defense industrial base. The evolving EU defense cooperation goes far beyond crisis management operations. At its core, it has the goal of leveraging EU tools to strengthen European security. In particular, new EU defense initiatives such as Permanent Structured Cooperation (PESCO) and the European Defense Fund (EDF), though still nascent, are potential game changers in this regard. PESCO operates as a platform for groups of member states to cooperate on defense capability projects. The EDF, as an internal market instrument backed up by European Commission co-funding, has the potential to spur and incentivize collaboration on the development and acquisition of new capabilities between member states. These initiatives lay a framework upon which stronger cooperation can gradually be structured. Nevertheless, these new European defense schemes will have to have the right level of ambition, be successfully implemented, and contribute to strengthening both European and transatlantic security.
Topic:
Security, Defense Policy, and Transatlantic Relations
Political Geography:
Europe and European Union

40. A Spoiler in the Balkans? Russia and the Final Resolution of the Kosovo Conflict

Author:
Maxim Samorukov
Publication Date:
11-2019
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
The biggest point of contention in the Balkans is back on Europe’s front burner. For decades, Serbia was mired in a conflict with Kosovo, its breakaway province that unilaterally declared independence in 2008 after violent ethnic clashes and international intervention in the late 1990s. Last year, a protracted diplomatic effort to end the conflict was unexpectedly boosted when then U.S. national security adviser John Bolton announced that U.S. President Donald Trump’s administration was ready to consider changes to the Serbia-Kosovo border as part of a settlement. The Serbian government welcomed the idea, giving rise to hopes that a negotiated solution to the Balkan conflict is now potentially within reach. Still, any final settlement is very much an uphill battle. Many Kosovar leaders are not enthusiastic about the proposed border correction, which would entail swapping areas in northern Kosovo populated mainly by ethnic Serbs for Serbian municipalities dominated by ethnic Albanians. Germany and other members of the European Union (EU) have disapproved strongly, arguing that redrawing boundaries may open a Pandora’s box, with unpredictable ripple effects.2 On top of all that, it is increasingly clear that Russia, which has long held great sway over the region, may not actually want the conflict resolved at all. So long as Serbia does not formally recognize Kosovo’s independence, it must rely on Russia’s veto power in the United Nations (UN) Security Council to prevent full international recognition of what it regards as a breakaway province. That dependency gives Russia a nontrivial degree of influence, both in the region and within Serbia itself. The Kremlin fears that ending the conflict between Serbia and Kosovo will diminish Russia’s stature in Serbia and severely undermine its clout in the Balkans. Moscow is well-positioned to derail the resolution process. Russian President Vladimir Putin enjoys unchecked popularity across most of Serbian society, and the Russian political and national security establishment maintains close ties with its counterparts among Serbia’s political and security elites, who tend to strongly oppose any compromise with Kosovo. From all appearances, Moscow also hopes to use its influence over the Kosovo issue as leverage in its acrimonious relationship with the West.
Topic:
United Nations, Conflict, and UN Security Council
Political Geography:
Russia, Kosovo, Serbia, Balkans, and United States of America