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271. Between Europe and a Hard Place: French Financial Diplomacy from 1995 to 2002

Author:
Daphne Josselin
Publication Date:
03-2004
Content Type:
Journal Article
Journal:
French Politics, Culture Society
Institution:
Conference Group on French Politics Society
Abstract:
In the mid-1990s, a series of financial crises placed international financial stability and North-South dialogue once again very firmly on the agenda of economic diplomacy. These had long been pet topics for the French: back in the 1960s, President Charles de Gaulle had famously clamoured for the establishment of a new monetary order; the summitry set up, on French initiative, in 1975, had been largely focused on exchange rate stability and North-South relations; in the 1980s, President Mitterrand had made repeated appeals for a "new Bretton Woods." One could therefore expect the French to contribute actively to debates on how best to reform the international financial architecture.
Topic:
Diplomacy
Political Geography:
Europe and France

272. Through Economy to Democracy and Security? An Integrated Approach to Stability in South East Europe - 7th Workshop of the Study Group "Regional Stability in South East Europe"

Author:
Frederic Labarre
Publication Date:
01-2004
Content Type:
Working Paper
Institution:
Austrian National Defence Academy
Abstract:
In contrast to the Central European transition countries, the economies of South East Europe (SEE) have been facing complex and interrelated political and economic problems. The dissolution of Yugoslavia combined with market losses, war in Bosnia and Herzegovina and Croatia, sanctions finally culminating in the Kosovo conflict were the main causes of political and economic instability in the whole region. Taking into account these factors, output recovery has been much slower in SEE than in the Central European countries. Measured in purchasing power standards, Croatia is the best performer in the region, with its GDP at about 38% of the EU average. Next comes Bulgaria (32%), whereas the respective values for Serbia and Montenegro and Albania range between 15-17%. Looking at the economic performance in the 1990-2002 period, Croatia and Romania reached almost 94% of their pre-transitional level in 2002, followed by Bulgaria and Macedonia (about 88% each). Serbia and Montenegro, the worst-affected, reached only about half of what it was in 1990. The cumulative output decline there was one of the largest among all the Central and East European countries.
Topic:
NATO, Diplomacy, Economics, Political Economy, and Regional Cooperation
Political Geography:
Europe, Bosnia, Herzegovina, Kosovo, Yugoslavia, Bulgaria, Balkans, and Romania

273. Russia and Europe: A Finnish View

Author:
Henrikki Heikka
Publication Date:
12-2004
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs
Abstract:
In recent months, several prominent Finnish politicians have criticized the Finnish government for lack of vision in its foreign policy. Liisa Jaakonsaari, Chairman of the Parliament's Foreign Affairs Committee and a prominent social democrat), has argued that the government “lacks one thing, and with it, everything: a vision”. Member of the European Parliament Alexander Stubb (the Conservative party's vote puller in the last EP elections) has publicly called contemporary Finnish foreign policy as “pitiful tinkering” (säälittävää näpertelyä). Editorial writers have begun to recycle the old the term “driwftwood” (ajopuu), a term originally coined to describe Finland's flip-flopping during World War II, in their attempts to find an appropriate label for the present government's foreign policy.
Topic:
Foreign Policy, Democratization, Diplomacy, and International Cooperation
Political Geography:
Russia, United States, Europe, Finland, and Asia

274. Finding America's Voice: A Strategy for Reinvigorating U.S. Public Diplomacy

Author:
Peter G. Peterson, Kathy Bloomgarden, Henry Grunwald, David E. Morey, Shibley Telhami, Jennifer Sieg, and Sharon Herbstman
Publication Date:
09-2003
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
The United States has a growing problem. Public opinion polls echo what is seen in foreign editorials and headlines, legislative debate, and reports of personal and professional meetings. Anti- Americanism is a regular feature of both mass and elite opinion around the world. A poll by the Times of London, taken just before the Iraq war, found respondents split evenly over who posed a greater threat to world peace, U.S. President George W. Bush or then Iraqi leader Saddam Hussein. At the same time, European antiwar protests drew millions, and several national leaders ran successfully on anti- American platforms. Americans at home and abroad face an increased risk of direct attack from individuals and small groups that now wield more destructive power. The amount of discontent in the world bears a direct relationship to the amount of danger Americans face.
Topic:
International Relations and Diplomacy
Political Geography:
United States, Iraq, America, and Europe

275. From Yugoslavia to Iraq: Russia's Foreign Policy and the Effects of Multipolarity

Author:
Vadim Kononenko
Publication Date:
06-2003
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs
Abstract:
The aim of this study is to analyze the evolution and political implications of Russia's doctrine of multipolarity. Multipolarity emerged as one of the earliest doctrinal solutions to the post-Soviet Russian foreign policy dilemma, and has remained essential for Russia's strategic behavior since the early 1990s. The multipolarity doctrine describes the post-Cold War world and Russia's place in it. As I argue in this study, Russian “multipolarity” – (the idea of the multipolar world; the vision of Russia as one of its 'poles'; and the understanding of the principles of international politics in the strict terms of realpolitik) is not an ideological resource for Russia's foreign policy but rather, a result of learning how to secure the country' s international status given the scarcity of foreign policy resources available, and the drastic change in the international institutional position of Russia. To sum up the central argument of this study: the multipolarity of Russian foreign policy – both a doctrinal strategy and foreign policy practice – has evolved as a template-like foreign policy approach to solve Russia's strategic dilemma since the demise of the Soviet Union: how to secure its place in the new international structure and compensate for the loss of the international arrangements that disappeared with Soviet might and the bipolar international system as a whole.
Topic:
Foreign Policy and Diplomacy
Political Geography:
Afghanistan, Russia, Iraq, Europe, Middle East, Asia, Soviet Union, and Balkans

276. Economic Survey of euro area, 2003

Publication Date:
07-2003
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Entering its fifth year of existence, the European Economic and Monetary Union (EMU) has met major headwinds. At the advent of the single currency the euro area experienced solid economic growth, with unemployment falling and public finances rapidly improving. However, a number of structural problems were exposed with the cyclical downturn since 2001, from which the area is recovering only hesitantly. The challenges facing policy makers at present are both of a short-run and medium-run nature. Policy makers are currently grappling with sluggish demand. Responding to this challenge, monetary policy has been eased and fiscal policy reacted through the automatic stabilisers. However, the room for manoeuvre was reduced by lingering inflationary pressures and earlier insufficient fiscal adjustment in several member states. Meanwhile the euro exchange rate has appreciated significantly. Over the medium term, the Community has set ambitious targets and a vast programme for enhancing the performance of labour, product and financial markets. This programme needs to be pursued with vigour, thereby raising the odds of large gains in trend growth and jobs while making it easier to achieve sound fiscal positions.
Topic:
Diplomacy, Economics, International Organization, International Trade and Finance, and Political Economy
Political Geography:
Europe

277. Economic Survey of France, 2003

Publication Date:
07-2003
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
After several years of rapid expansion, the French economy has entered into a period of below potential growth, with a negative output gap opening up. Monetary conditions have been relaxed, while fiscal policy has eased excessively, provoking the European Commission to initiate an excessive deficit procedure. As uncertainty dissipates towards the middle of this year, the economy should pick up speed, reaching a growth rhythm of around 2 per cent in 2004. Nevertheless, over the medium term, in the absence of substantial reforms the ageing of the population risks threatening economic and fiscal equilibrium. Current pension and healthcare reform initiatives and plans to redress spending over the medium term go in the right direction. However, in order to ensure medium and long-term fiscal sustainability, additional policies to slow the expansion of health and pension spending are required, while efforts to raise employment rates and potential output are needed to improve the economy's ability to finance future ageing-related expenditure. Here, programmes that offer the possibility of on-the-job training should be expanded so as to reactivate young and lowskilled workers, while reforms to early-retirement schemes and the pension system need to be continued so as to restore work incentives for older workers. Ongoing tax and labour market reforms and policies to facilitate the development of high-tech and fast growing enterprises, which should help promote investment and higher productivity growth, also need to be pursued. The opening of the capital of stateowned enterprises and their eventual privatisation, and planned improvements to governance structures should help promote growth, but revenues from sell-offs ought to be used to reduce debt. Finally, in order to better manage the totality of public expenditures, the authorities need to implement reforms that can be used to ensure that all spending organisms contribute to controlling spending. Here, it will be necessary to implement mechanisms that would improve the effectiveness of measures to control healthcare spending. Moreover, decision-makers need to be more directly confronted with the long-term consequences of their actions. Initiatives such as decentralisation and the new budget framework law should help in this regard. Pursuit of reforms along all of these lines should permit society to meet the fiscal challenge posed by population ageing, while retaining high levels of service.
Topic:
Diplomacy, Economics, International Organization, International Trade and Finance, and Political Economy
Political Geography:
Europe and France

278. Bosnia's Nationalist Governments: Paddy Ashdown And The Paradoxes Of State Building

Publication Date:
07-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
The return of the nationalist parties to power after the October 2002 general elections in Bosnia Herzegovina (BiH) was widely assessed as a calamity. Some observers went so far as to claim that it signified the failure of the international peace-building mission over the previous seven years. But the new High Representative, Paddy Ashdown, refused to be downcast. Not only was the nationalists' victory narrow, but he was confident he could work with them if they proved faithful to their pre-election pledges to embrace the reform agenda he had been charting since taking office in May 2002. This agenda seeks to make up for lost time: implementing the economic, legal and governance reforms required both to make BiH a prosperous, lawful and peaceable state and to set the country on track for European integration. Lord Ashdown aims to put himself out of a job by putting BiH on the road to the EU.
Topic:
Foreign Policy, Diplomacy, and Politics
Political Geography:
Europe, Bosnia, Herzegovina, and Eastern Europe

279. Summit with Substance: Creating Payoffs in an Unequal Partnership

Author:
Andrew Kuchins
Publication Date:
05-2002
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
U.S. president George W. Bush and Russian president Vladimir Putin have an important opportunity at their upcoming meeting to reach key agreements, remove major irritants in U.S.–Russian relations, and initiate a genuine partnership less burdened by Cold War legacies. In Europe last summer and in the United States last November, the two leaders established personal chemistry and trust—but the meetings lacked substance. Although Putin's leadership position will not be made or broken on his foreign policies, this time it will be important for his pro-Western orientation to produce a concrete payoff for Russia. As for President Bush, if the summit fails to produce results, then his vaunted Russia policy will be seen to be drifting. Thus both men require real outcomes such as a signed, legally binding nuclear arms reduction agreement and a new institutional relationship with the North Atlantic Treaty Organization (NATO). Perhaps just as important, however, Putin and Bush each must explain to his own country why this partnership is important and what are its key elements.
Topic:
Diplomacy, Nuclear Weapons, and Treaties and Agreements
Political Geography:
Russia, United States, Europe, North Atlantic, and Asia

280. Baltic History and Soviet Empire: Recovering the Past in Soviet and Russian Historical Discourse

Author:
Thomas Sherlock
Publication Date:
08-2002
Content Type:
Working Paper
Institution:
Department of Social Sciences at West Point, United States Military Academy
Abstract:
This paper is a modest effort to sketch the transformation of public memory in conditions of political transition. Specifically, it examines the recovery and interpretation of the Baltic past in Soviet and post-Soviet discourse. The paper is divided into two parts. The first part examines the desacralization of the central myths that legitimated the Soviet empire and its rule over the Baltic nationalities. The debate on Baltic history during perestroika was part of a larger - and increasingly destructive -- examination of Soviet history that shocked society with a flood of negative revelations about the past, forcing political and academic authorities to cancel secondary school exams and discard existing textbooks as virtually useless. This struggle over how to interpret the Soviet past eventually weakened the normative supports of the Soviet state, contributing to its collapse in 1991.
Topic:
Cold War and Diplomacy
Political Geography:
Russia, Europe, Asia, and Soviet Union