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2681. Political Economy Of De-Nuclearizing North Korea

Author:
Yoon-Shik Park
Publication Date:
03-2006
Content Type:
Journal Article
Journal:
International Journal of Korean Studies
Institution:
International Council on Korean Studies
Abstract:
In July 2005, the 4th round of the Six-party talks on the North Korean nuclear weapons program finally resumed in Beijing, China, but no one can tell the outcome of the talks that are intended to verifiably dismantle the nuclear weapons program of North Korea. It is difficult at this stage for outsiders to know why the North Korean regime reversed its previous insistence that it had chosen to become a nuclear power and would no longer bargain over it. However, it is clear that any breakthrough at the talks will be critically connected to both massive economic aid and security guarantees from the West. Without outside assistance, North Korea has no hope of achieving economic development and overcoming widespread economic hardship. Furthermore, North Korean de-nuclearization is important to the South Korean economy as well. Many foreign investors are understandably reluctant to commit their funds in South Korea as long as there is the specter of a North Korean nuclear threat. In late July 2005, for example, Fitch rating service pointed out the North Korean security issue as the most important reason not to upgrade South Korea's credit rating. Around the same time, Standard Poor's decided to upgrade South Korean credit rating by a notch due to the resumption of the long-stalemated Six-party talks.
Political Geography:
China, Beijing, and North Korea

2682. China's Rise in Asia and South Korea: A test case for the purported China-centered order marginalizing the United States in Asia

Author:
Robert Sutter
Publication Date:
03-2006
Content Type:
Journal Article
Journal:
International Journal of Korean Studies
Institution:
International Council on Korean Studies
Abstract:
This article assesses recent developments and the current state of play in China's relations with South Korea in order to test the widely publicized proposition that China's rise in Asia is being accompanied by an emerging China-centered regional order that is marginalizing the influence of the previous regional leader, the United States. A careful analysis of China's relations with its various neighboring countries in recent years shows that China has made the most significant gains in relations with South Korea, and these gains have coincided with a decline in US influence in South Korea brought on by major difficulties in the South Korean-US alliance relationship. Thus, if China's rise is leading to a China-centered order in Asia that marginalizes the influence of the United States, the trends in the South Korean- China relationship in the context of South Korean-US developments should provide important evidence and indicators.
Political Geography:
United States, China, Asia, and South Korea

2683. Prospects for energy cooperation in North-East Asia

Author:
Ernest Wyciszkiewicz
Publication Date:
08-2006
Content Type:
Working Paper
Institution:
The Polish Institute of International Affairs
Abstract:
The cooperation between the Russian Federation, the People's Republic of China, and Japan in the field of energy is one of the major factors defining the foreign policies of these countries and determining the strategic environment in Northeast Asia. For several years now, each of the three countries has been considering means of ensuring long-term energy security (Japan and China), and the appropriate use of existing energy potential to modernise the state and improve its international standing (Russia).Although the energy cooperation between these countries is still of a limited scope, the dynamic development of the regional energy markets is to be expected, given the fast changing international setting. The nature of future relations between the three powers (whether cooperative or confrontational) in the field of energy will have an impact on both regional and global security, particularly if one considers the growing political and economic significance of the Asia-Pacific region. An analysis of the present state of this cooperation and of its future prospects entails a discussion of the existing international and domestic conditions determining the policies of the three main actors: Russia, China, and Japan.
Topic:
Security and Energy Policy
Political Geography:
Russia, Japan, China, Israel, Northeast Asia, and Asia-Pacific

2684. China and the Multilateral Trading System

Author:
Robert Z. Lawrence
Publication Date:
10-2006
Content Type:
Working Paper
Institution:
The John F. Kennedy School of Government at Harvard University
Abstract:
This paper reviews China's multilateral and preferential trade policies. It reviews the demanding terms of China's WTO accession, its current tariff and trade regime and its participation in the Doha Round negotiations and the institution's regular activities. The analysis concludes that China's trade policies are broadly supportive of a rules based multilateral trading order and its behavior at the WTO is that of a status quo power rather than one seeking major systemic changes. The discussion then turns to China's regional trade initiatives. China has been extremely active in negotiating these and their implications remain uncertain. Concerns about an East Asian fortress, though, appear misplaced. Directly, and through their impact in inducing others to respond, these FTAs could provide a powerful impetus to the process of competitive global liberalization. Countries that do implement agreements with China will find it relatively easy to open their markets to other developing countries. There is also a risk however that the proliferation of FTAs will lead to web of overlapping agreements that could make the trading system unnecessarily complex.
Topic:
International Relations, Development, and International Trade and Finance
Political Geography:
China and Asia

2685. The Long March in Hong Kong: Continuing Steps in the Transition from Colony to Democracy

Author:
Herman B. Leonard and Thomas S. Axworthy
Publication Date:
08-2006
Content Type:
Working Paper
Institution:
The John F. Kennedy School of Government at Harvard University
Abstract:
Avowedly apolitical, Hong Kong is in the midst of the most rapid political transition in China and the success of this transition is crucial not only for the seven million residents of Hong Kong, but also for the future of China itself. How the authorities in Beijing respond to democratic demands from Hong Kong, and how the government of Hong Kong treads a democratic pathway within the boundaries of the Basic Law, are two of the most important questions in international politics today. China's decisions about Hong Kong will tell us much about the prospects of democratic transformation in China itself, and on that crucible the future of the 21 st century might turn.
Topic:
International Relations, Globalization, and Government
Political Geography:
China, Israel, Beijing, and Hong Kong

2686. China and the Global Economy: Medium-term Issues and Options - A Synthesis Report

Author:
Ricardo Hausmann, Edwin Lim, and Michael Spence
Publication Date:
07-2006
Content Type:
Working Paper
Institution:
The John F. Kennedy School of Government at Harvard University
Abstract:
China's economic and social achievements since the beginning of reform and opening are unprecedented in global history. Managing the growth process in this continuously changing environment has required great skill and the use of unconventional economic policy. Now China has entered a new era in its development process with a set of challenges largely different from those of the recent past. Some problems - such as growing internal and external structural imbalances, increasing income and regional inequality – have arisen from, or been exacerbated by, the very pattern and success of high growth since reforms began. Others are newly posed by rapid changes in the global economy. These challenges can best be tackled in an integrated and coordinated fashion. This report, supported by the China Economic Research and Advisory Programme (CERAP), identifies the primary challenges facing China today and presents options for meeting them.
Topic:
International Relations, Security, and Globalization
Political Geography:
China and Asia

2687. What's So Special About China's Exports?

Author:
Dani Rodrik
Publication Date:
01-2006
Content Type:
Working Paper
Institution:
The John F. Kennedy School of Government at Harvard University
Abstract:
The phenomenal performance of China constitutes the great economic miracle of the last quarter century. China's economy has expanded by leaps and bounds, at historically unprecedented rates that few economists would have found plausible or feasible ex ante. More importantly, this growth has lifted hundreds of millions of people from deep poverty and has helped improve health, education, and other social standards. China has accomplished all this using its own brand of experimental gradualism--increasingly relying on markets and on price signals, yet until very recently doing so within the boundaries of a highly unorthodox set of institutions.
Topic:
International Relations, Foreign Policy, and Economics
Political Geography:
China and Asia

2688. Japan-China Relations: Four Fallacies Masquerading as Common Sense

Author:
Kazuo Ogoura
Publication Date:
03-2006
Content Type:
Policy Brief
Institution:
MIT Center for International Studies
Abstract:
To gain insight into the future of the Sino-Japanese relationship, we need to clear up the misconceptions, misunderstandings, and errors that beset the two countries' relations and take an intellectual scalpel to their source. Some of the errors are related to the way people think about or perceive themselves, while others stem from the thinking or attitudes of the other party; still others are linked to the history of Japan-China relations. Here, in four questions and answers, are errors currently regarded as virtually self-evident truths.
Topic:
International Relations and Foreign Policy
Political Geography:
Japan and China

2689. OECD and the WTO (Policy Brief compilation)

Publication Date:
03-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Fears that “globalisation” implies increasing job losses and lower wages are an important source of popular ambivalence towards the increasingly open character of OECD economies. Although such concerns are not new, recent developments appear to have heightened workers' apprehensions that rising trade competition threatens their jobs, wages and employment conditions, particularly in the higher-wage OECD countries. Increased international sourcing of production activities – including the “offshoring” of some white-collar jobs in information technology (IT) and business services – has led some commentators to conclude that a large share of high-wage OECD workers will soon be in direct competition with workers in countries where wages are far lower. EU enlargement and the increasing integration of large, labour-surplus economies such as India and China into the world trading system also reinforce anxieties about “delocalisation” and “a race to the bottom”.
Topic:
Development, Economics, International Organization, and International Trade and Finance
Political Geography:
China

2690. Challenges for China's Public Spending

Publication Date:
03-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
China's evolution from a centrally-planned to a market-based economy is leading to major transformations of its public expenditure policies. Much progress has been made in raising infrastructure spending to a level more in line with China's development needs and in modernising mechanisms for budget planning and implementation. Nevertheless, significant challenges remain.
Topic:
Development, Government, and Markets
Political Geography:
China and Asia