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6101. Europe’s Return to UN Peacekeeping in Africa? Lessons from Mali

Author:
John Karlsrud and Adam C. Smith
Publication Date:
07-2015
Content Type:
Working Paper
Institution:
International Peace Institute (IPI)
Abstract:
In a break from recent tradition, European member states are currently contributing significant military capabilities to a United Nations (UN) peacekeeping operation in Africa. Europeans are providing more than 1,000 troops to the UN Multidimensional Integrated Stabilization Mission in Mali (MINUSMA) by staffing a wide range of operations including an intelligence fusion cell, transport and attack aircraft, and special forces. Yet for European troop-contributing countries (TCCs) that have spent several years working in North Atlantic Treaty Organization (NATO) operations in Afghanistan, participating in a UN mission has been a process of learning and adaptation. For the UN, the contributions of key capabilities by European countries have pushed the UN system to adjust to the higher expectations of the new European TCCs, which has proved difficult in Mali’s complicated operating environment and political situation.
Topic:
Conflict Resolution, NATO, United Nations, and Peacekeeping
Political Geography:
Africa and Europe

6102. The Myth of Dynastic Wealth: The Rich Get Poorer

Author:
Robert Arnott, William Bernstein, and Lillian Wu
Publication Date:
09-2015
Content Type:
Journal Article
Abstract:
Thomas Piketty’s Capital in the Twenty-First Century rocketed to the top of the best-seller lists the moment it was published in 2013, and remained there for months. While this feat is quite remarkable for a weighty tome on economics, it’s no mystery why Piketty’s magnum opus created such a sensation; it is clearly articulated, is accessible to the non-economist, and contains a trove of historical insights. We believe Piketty’s core message is provably flawed on several levels, as a result of fundamental and avoidable errorsin his basic assumptions. 1 He begins with the sensible presumption that the return on invested capital, r, exceeds macroeconomic growth, g, as must be true in any healthy economy. But from this near-tautology, he moves on to presume that wealthy families will grow ever richer over future generations, leading to a society dominated by unearned, hereditary wealth.
Topic:
Economics
Political Geography:
United States and Europe

6103. The Basque Conflict and ETA: The Difficulties of an Ending

Author:
Teresa Whitfield
Publication Date:
12-2015
Content Type:
Working Paper
Institution:
United States Institute of Peace
Abstract:
Violence at the hands of the Basque separatist organization ETA was for many years an anomalous feature of Spain’s transition to democracy. This report, which draws on the author’s book Endgame for ETA: Elusive Peace in the Basque Country (Hurst and Oxford University Press, 2014), explains why this was the case, examines both the factors that contributed to ETA’s October 2011 announcement of an end to violence and the obstacles encountered in moving forward from that announcement to disarmament and dissolution, and extracts lessons relevant for other contexts.
Topic:
Conflict Resolution, Political Violence, Armed Struggle, Territorial Disputes, and Counter-terrorism
Political Geography:
Europe and Spain

6104. Toward a European Migration and Mobility Union

Author:
Jacob Funk Kirkegaard
Publication Date:
12-2015
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics (PIIE)
Abstract:
After surviving its worst economic downturn since the Great Depression and the near collapse of its common currency, Europe is now engulfed by hundreds of thousands of desperate migrants and refugees from the Middle East and Africa. It needs new and permanent migration institutions and resources not only to accommodate the influx of refugees but also to set up a new border control system throughout the region. These demands pose a challenge for European policymaking as serious as the euro crisis of the last five years. Kirkegaard proposes a migration and mobility union, to be implemented gradually, with the goal of comprehensively reforming European migration policy.
Topic:
Economics, Migration, Politics, and Refugee Issues
Political Geography:
Europe

6105. Stability Bonds for the Euro Area

Author:
Angel Ubide
Publication Date:
12-2015
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics (PIIE)
Abstract:
The rules and buffers created in the last few years to enable the euro area to withstand another sudden stop of credit and market-driven panic in one or more of its member states are welcome steps, but they are widely recognized as inadequate. Ubide proposes creating a system of stability bonds in the euro area, to be issued by a new European Debt Agency, to partially finance the debt of euro area countries—up to 25 percent of GDP. These stability bonds should be initially backed by tax revenues transferred from national treasuries, but ultimately by the creation of euro area–wide tax revenues, and used to fund the operations of national governments. They could also be used for euro area–wide fiscal stimulus, to complement the fiscal policies of member states. Such bonds would strengthen the euro area economic infrastructure, creating incentives for countries to reduce their deficits but not forcing them to do so when such actions would drive their economies further into a downturn. The bonds would permit the euro area to adopt a more flexible or expansionary fiscal policy during recessions.
Topic:
Economics, International Trade and Finance, Monetary Policy, and GDP
Political Geography:
Europe

6106. A Multi-Speed EU? An Institutional and Legal Assessment

Author:
Giuseppe Martinico
Publication Date:
12-2015
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
Asymmetry has frequently been experimented within federalising processes, especially in those federal or quasi-federal contexts characterised by the coexistence of different legal and cultural backgrounds (Canada, for instance). By adopting a comparative approach, this paper offers a reflection on asymmetry as an instrument of differentiated integration in the current phase of the EU integration process. It aims to show the potential of the concept and some of the risks connected to its use.
Topic:
Markets, Regional Cooperation, Culture, and European Union
Political Geography:
Europe
Publication Identifier:
978-88-98650-73-6
Publication Identifier Type:
ISBN

6107. NATO Towards Warsaw 2016 Summit: Challenges and Opportunities

Author:
Francesca Monaco and Alessandra Scalia
Publication Date:
12-2015
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
This paper reports the key elements of a closed-door seminar hosted by IAI on 13 October 2015 within the framework of the project Defence Matters 2015. The initiative is aimed at stimulating the Italian debate on defence issues by engaging policy-makers, stakeholders and the public opinion. The seminar, in particular, was devoted to discussing the current threats faced by NATO with regard to both the Alliance’s Eastern and Southern “flanks”. The debate addressed the complexity of the ongoing international dynamics not only in terms of threats, but also of potential opportunities for reforming and modernising NATO. The present report aims at outlining the key points that emerged from the discussion, as well as further stimulating the debate concerning the NATO agenda in view of the 2016 Warsaw Summit.
Topic:
Defense Policy, NATO, Regional Cooperation, and Reform
Political Geography:
Europe
Publication Identifier:
978-88-6812-596-7
Publication Identifier Type:
ISBN

6108. Towards European Electoral and Party Systems

Author:
Enrico Calossi
Publication Date:
12-2015
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
Although much progress has been achieved in the last sixty years, the European Union still lacks a unique electoral system and a proper party system. Recently some changes have been proposed or introduced in order to homogenise the national electoral systems of the EP and to strengthen political parties at the EU level. Andrew Duff’s proposal for a transnational party list; the establishment of European political foundations in 2007; the updating of the Statute of the European political parties in 2014; the designation of the Spitzekandidaten by Europarties were all useful attempts. More could be done. National democracies can become sources of inspiration for new proposals. Some suggestions may require new formal regulations. Others are more informal or political, and would give political actors new opportunities on voluntary bases.
Topic:
Democratization, Political Economy, Regional Cooperation, and European Union
Political Geography:
Europe
Publication Identifier:
978-88-98650-72-9
Publication Identifier Type:
ISBN

6109. Financing SMEs in Europe: Stylised Facts, Policies, Challenges

Author:
Daniele Ciani, Paolo Finaldi Russo, and Valerio Vacca
Publication Date:
12-2015
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
This paper describes the main features of European SMEs’ financial behaviour and the policies recently put in place to support their funding. European SMEs are structurally more leveraged and charged with higher interest rates than large firms. Moreover, the crisis has deeply affected their fund-raising capacity, as banks reduced credit supply while non-bank funding was unavailable to most SMEs. Against this background, EU has focussed its policies on long-term investment and on a more favourable environment for SMEs financing, including through the launch of the Capital Markets Union. At the national level, most governments have provided guarantees and enhanced the role of national development banks. Nevertheless, key issues are still outstanding, such as the funding of innovative firms and the improvement of transparency and of the legal and regulatory frameworks.
Topic:
Economics, International Trade and Finance, Markets, and European Union
Political Geography:
Europe
Publication Identifier:
978-88-98650-71-2
Publication Identifier Type:
ISBN

6110. Italy and the Renegotiation of the UK's EU Membership

Author:
Riccardo Alcaro
Publication Date:
11-2015
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
British Prime Minister David Cameron has pledged to campaign for the UK to stay in the EU in the incoming in-or-out referendum on the UK’s EU membership, but only if London succeeds in recalibrating its relationship with the Union. As the EU’s fourth largest country, Italy will play a crucial role in the negotiation. The challenge for Rome is to balance its long-standing commitment to strengthening European integration with the interest in keeping a country the size and influence of the UK in the EU. Matteo Renzi’s government should be supportive of British proposals about competitiveness, pragmatic as far as sovereignty issues are concerned, constructive but cautious regarding economic governance, and understanding of British concerns but also firm about immigration.
Topic:
Markets, Regional Cooperation, Immigration, and European Union
Political Geography:
United Kingdom and Europe
Publication Identifier:
978-88-98650-70-5
Publication Identifier Type:
ISBN