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452. ASEAN-Canada Forum and Public Symposium 2013: Reflections on an Inclusive and Equitable ASEAN Community in 2015
- Publication Date:
- 08-2013
- Content Type:
- Working Paper
- Institution:
- Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
- Abstract:
- The ASEAN-Canada Enhanced Partnership Plan of Action (2010- 2015) represents the latest effort in a relationship that dates back to 1977, the year that Canada became one of the first countries to be designated a Dialogue Partner of ASEAN. According to the Plan of Action, ASEAN and Canada will 'work and consult closely in responding to regional and international challenges, and in building an ASEAN-centred regional architecture which is open and inclusive'. They will also 'promote the development of enhanced ASEAN connectivity which will help foster the building of an ASEAN Community by 2015'.
- Topic:
- Development, Economics, and Treaties and Agreements
- Political Geography:
- Canada and Asia
453. The Hyperglobalization of Trade and Its Future
- Author:
- Arvind Subramanian and Martin Kessler
- Publication Date:
- 07-2013
- Content Type:
- Working Paper
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- This paper describes seven salient features of trade integration in the 21st century: Trade integration has been more rapid than ever (hyperglobalization); it is dematerialized, with the growing importance of services trade; it is democratic, because openness has been embraced widely; it is criss-crossing because similar goods and investment flows now go from South to North as well as the reverse; it has witnessed the emergence of a mega-trader (China), the first since Imperial Britain; it has involved the proliferation of regional and preferential trade agreements and is on the cusp of mega-regionalism as the world's largest traders pursue such agreements with each other; and it is impeded by the continued existence of high barriers to trade in services. Going forward, the trading system will have to tackle three fundamental challenges: In developed countries, the domestic support for globalization needs to be sustained in the face of economic weakness and the reduced ability to maintain social insurance mechanisms. Second, China has become the world's largest trader and a major beneficiary of the current rules of the game. It will be called upon to shoulder more of the responsibilities of maintaining an open system. The third challenge will be to prevent the rise of mega-regionalism from leading to discrimination and becoming a source of trade conflicts. We suggest a way forward—including new areas of cooperation such as taxes—to maintain the open multilateral trading system and ensure that it benefits all countries.
- Topic:
- Economics, Emerging Markets, Globalization, and International Trade and Finance
- Political Geography:
- Europe, Asia, and North America
454. Asian and European Financial Crises Compared
- Author:
- Edwin M. Truman
- Publication Date:
- 10-2013
- Content Type:
- Working Paper
- Institution:
- Peterson Institute for International Economics (PIIE)
- Abstract:
- The European and Asian financial crises are the two most recent major regional crises. This paper compares their origins and evolution. The origins of the two sets of crises were different in some respects, but broadly similar. The two sets of crises also shared similarities in their evolution, but here the differences were more significant. The European crisis countries received more external financial support, despite the fact that they involved more solvency issues while the Asian crises involved more liquidity issues. On balance, the reform programs in the European crises were less demanding and rigorous than in the Asian crises. Partly as a consequence, the negative impacts on the global economy have been larger. I draw three lessons from this analysis: First, history will repeat itself; there will be other external financial crises. Second, other countries have a stake in appropriate crisis management. Third, the IMF and other countries were mistaken in treating the European crises as individual country crises rather than as a crisis for the euro area as a whole that demanded policy conditionality on all members of the euro area.
- Topic:
- Economics, International Trade and Finance, International Monetary Fund, and Financial Crisis
- Political Geography:
- Europe and Asia
455. Australian defense in the era of austerity: Mind the expectation gap
- Author:
- Andrew Shearer
- Publication Date:
- 08-2013
- Content Type:
- Policy Brief
- Institution:
- American Enterprise Institute for Public Policy Research
- Abstract:
- Like many other Western states, following the Cold War, Australia cut its defense budget, resulting in significant shortfalls in key military capabilities. Since the mid-1990s, successive Australian governments have outlined plans intended to boost the capabilities of Australia's armed forces. However, these strategic ambitions have in recent years been undercut by changes in government spending priorities and shortfalls in the national budget, jeopardizing the long-standing technological advantage Australian forces have enjoyed over other states in the region. As major Asian states such as China continue to grow their economies and modernize their armed forces, Australia must commit sufficient resources to its modernization agenda or risk losing its ability to help shape the Asia-Pacific security environment and risk fulfilling its role as a key US partner in America's pivot to Asia.
- Topic:
- Foreign Policy, Defense Policy, Cold War, Economics, and Armed Forces
- Political Geography:
- Africa, United States, China, Asia, and Australia
456. Sustaining Myanmar's Transition
- Author:
- Priscilla Clapp, Suzanne DiMaggio, Ike Reed, and U Kyaw Tin
- Publication Date:
- 06-2013
- Content Type:
- Video
- Institution:
- Asia Society
- Abstract:
- New York, June 26, 2013 - At the launch of a new Asia Society paper on Myanmar, Priscilla Clapp, Suzanne DiMaggio, Ike Reed, and Myanmar Representative to the UN U Kyaw Tin assess challenges facing a newly democratizing Myanmar. Introduction by former Ambassador Frank Wisner. (1 hr., 21 min.)
- Topic:
- Civil Society, Democratization, Development, Economics, and Human Rights
- Political Geography:
- New York and Asia
457. Africa's Booming Oil and Natural Gas Exploration and Production: National Security Implications for the United States and China
- Author:
- David E. Brown
- Publication Date:
- 12-2013
- Content Type:
- Working Paper
- Institution:
- The Strategic Studies Institute of the U.S. Army War College
- Abstract:
- The frenetic search for hydrocarbons in Africa has become so intense and wide ranging that there is planned or ongoing oil and gas exploration in at least 51 of the continent's 54 countries. Knowledge about Africa's geology is improving rapidly, generating great optimism about the continent's energy future. Onshore and offshore rifts and basins created when the African continent separated from the Americas and Eurasia 150 million years ago are now recognized as some of the most promising hydrocarbon provinces in the world. Offshore Angola and Brazil, Namibia and Brazil, Ghana and French Guyana, Morocco and Mexico, Somalia and Yemen, and Mozambique and Madagascar are just a few of the geological analogues where large oil fields have been discovered or are be-lieved to lie. One optimistic but quite credible scenario is that future discoveries in Africa will be around five timestheir current level based on what remains un-explored on the continent versus currently known sub-soil assets. If proven true, this could have a pro-foundly positive impact on Africa's future growth and strategic position in the global economy.
- Topic:
- Economics, Human Rights, and Natural Resources
- Political Geography:
- Africa, United States, China, America, Eurasia, Asia, Brazil, Yemen, Mozambique, Mexico, Morocco, Somalia, Angola, Ghana, Namibia, Guyana, and Moldavia
458. Redefining Leadership in the Global Nuclear Energy Market
- Author:
- Andrew Paterson and Walter Howes
- Publication Date:
- 12-2013
- Content Type:
- Working Paper
- Institution:
- Atlantic Council
- Abstract:
- Global energy demand will increase substantially in the coming decades under pressure from global trends, including an increasing population that will reach 9 billion by 2040, and, for the first time in history, will be overwhelmingly urban. Meeting basic global energy needs will require the use of all available sources of energy while addressing and minimizing environmental and climate impacts. Nuclear energy is an established part of the world's electricity mix, and provides large-scale, reliable, base-load electricity demand. As such, it seems to be well matched to fit into an increasingly urban world that aims to mediate environmental challenges.
- Topic:
- Economics, Energy Policy, Environment, International Cooperation, International Trade and Finance, and Nuclear Power
- Political Geography:
- United States and Asia
459. How to Stop Doing Business with Russia's Arm Exporter
- Publication Date:
- 06-2013
- Content Type:
- Policy Brief
- Institution:
- Human Rights First
- Abstract:
- As part of the United States plan to begin military withdrawals from Afghanistan in 2014, the Department of Defense (DOD) contracted with the Russian state owned arms dealer, Rosoboronexport, to provide helicopters to the Afghanistan National Security Forces (ANSF). DOD has continued and expanded its purchases from Rosoboronexport even while acknowledging that the Russian arms dealer has enabled mass atrocities by supplying Syria's Bashar al-Assad with weapons that have been used to murder Syrian civilians.
- Topic:
- Arms Control and Proliferation, Economics, Human Rights, and Armed Struggle
- Political Geography:
- Russia, Europe, Middle East, and Asia
460. Impact of China‐Africa Investment Relations: The Case of Ethiopia
- Author:
- Alemayehu Geda and Atenafu G. Meskel
- Publication Date:
- 07-2013
- Content Type:
- Policy Brief
- Institution:
- African Economic Research Consortium (AERC)
- Abstract:
- This study investigated the growing relation between Ethiopia and China in the last decade. It is possible for Chinese-Africa relations to be either complementary or competitive (or indeed both) and it has multifaceted features. Notwithstanding this multifaceted linkage, the study focused on one of the channels – the investment (FDI) channel. Other channels are explored depending on the degree at which they shed light on understanding the Chinese-Ethiopian investment relations, which is the subject of this study.
- Topic:
- Economics, International Political Economy, International Trade and Finance, Foreign Direct Investment, and Macroeconomics
- Political Geography:
- Africa, China, Asia, and Ethiopia