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182. The Underachiever: Ukraine's Economy Since 1991
- Author:
- Pekka Sutela
- Publication Date:
- 03-2012
- Content Type:
- Working Paper
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- When Ukraine became independent in 1991, there were expectations that it would in the near future become a wealthy free market democracy and a full member of the European and Euro-Atlantic communities. The largest country geographically wholly European, and the fifth-biggest European nation by size of population, it was hoped, would become a member of the European Union (EU), the North Atlantic Treaty Organization (NATO), and the Organization for Economic Cooperation and Development (OECD).
- Topic:
- Corruption, Economics, Emerging Markets, International Trade and Finance, and Governance
- Political Geography:
- Europe, Ukraine, and Atlantic Ocean
183. Using US Strategic Reserves to Moderate Potential Oil Price Increases from Sanctions on Iran
- Author:
- Philip K. Verleger
- Publication Date:
- 02-2012
- Content Type:
- Policy Brief
- Institution:
- Peterson Institute for International Economics
- Abstract:
- The United States has initiated new sanctions against Iran aimed at preventing it from collecting revenue from exports of crude oil. The European Union has followed, embargoing all imports of Iranian crude from July 1, 2012 and preventing any firms from entering into new contracts to import Iranian oil after January 23, 2012. The new US and EU sanctions could be the most draconian in many years. If implemented fully, US sanctions would force trading partners to choose between the United States and Iran. EU sanctions would cut Iran off from an important market. These sanctions, while reducing Iranian income, could pose a very serious economic threat to countries that have significant trade with the United States and/or import significant quantities of oil from Iran.
- Topic:
- Conflict Resolution, Foreign Policy, International Trade and Finance, Markets, Oil, and Sanctions
- Political Geography:
- United States, Europe, Iran, and Middle East
184. The Migration Industry and Future Directions for Migration Policy
- Author:
- Thomas Gammeltoft-Hansen and Ninna Nyberg Sørensen
- Publication Date:
- 04-2012
- Content Type:
- Policy Brief
- Institution:
- Danish Institute for International Studies
- Abstract:
- Migration has become business, big business. Over the last few decades a host of new opportunities have emerged that capitalise on migrants' desire to move as well as on governments' attempts to manage migratory flows. Across the globe we are witnessing a wide assembly of actors whose existence depends on money paid either to facilitate or to constrain migration mobility – specialised transportation companies, visa facilitation agencies, labour recruiters, security contractors, human smugglers and NGOs. The businesses involved in this migration industry range from small migrant entrepreneurs using their own experience to assist others making the journey, to big multinational companies who compete in the booming market of government contracts to carry out migration management. The commercialisation of international migration is evident at every step of the migratory process and takes place in virtually every country of emigration, transit and immigration. As such, the migration industry is not only an important phenomenon in and of itself, it also fundamentally impacts migratory flows and governments' attempts to manage or regulate migration.
- Topic:
- International Trade and Finance, Markets, Migration, and Immigration
- Political Geography:
- Europe
185. Reforming the Common Agricultural Policy in the Shadow of the WTO
- Author:
- Carsten Daugbjerg
- Publication Date:
- 04-2012
- Content Type:
- Policy Brief
- Institution:
- Danish Institute for International Studies
- Abstract:
- Agricultural trade became fully integrated into negotiations on trade liberalisation in the Uruguay Round commencing under the General Agreement on Tariffs and Trade (GATT) in 1986 and has been the cause of much discontent ever since – every major setback in the GATT and World Trade Organization (WTO) trade rounds has been caused by lack of progress in agricultural trade negotiations.
- Topic:
- Agriculture, International Organization, International Trade and Finance, World Trade Organization, and Food
- Political Geography:
- Europe
186. Fear Athens Less and Washington More
- Author:
- Irwin M. Stelzer
- Publication Date:
- 05-2012
- Content Type:
- Working Paper
- Institution:
- Hudson Institute
- Abstract:
- There comes a tide in the affairs of men And the one sweeping from Greece, across Europe and into the United States is washing away support for austerity, in some cases reinforcing opposition to it, largely from the Left. President Obama is delighted at this support for his refusal to cut spending in the face of mounting deficits, and the Republicans are feeling beleaguered at what they see as the disinterment of the body of works of John Maynard Keynes. No longer must the President sit at G8 meetings (in this weekend's case, G7 since Vladimir Putin finds it necessary to stay at home to deal with an unpleasant spate of dissent) and hear only the voice of Germany's iron Chancellor, Angela Merkel, extolling the virtues of thrift, austerity and balanced budgets. Now he has France's new socialist President, François Hollande, to preach the virtues of spending, "the indispensable stimulation of the economy", and, even better, high taxes-- up to 75% on incomes in excess of $1.35 million per year, which makes the team of Buffett and Obama mere pikers at the soak-the-rich game. Secretary of State Hillary Clinton expressed the administration's delight at Hollande's "different political approach Different voices may be louder on growth than they have been It's been our view that there needed to be adjustments to austerity, so that there could be growth, both for economic reasons and for political reasons President Obama and our economic team have been saying for some time that growth had to factor into a European recovery." Take that, Mrs. Merkel and all you Republicans who want to cut entitlement spending and retain the Bush tax cuts that benefit "millionaires and billionaires", Obama shorthand for families earning more than $250,000 per year.
- Topic:
- Economics, International Trade and Finance, Monetary Policy, and Budget
- Political Geography:
- United States, Europe, Washington, Greece, and France
187. How Safe Is the U.S. Safe Haven?
- Author:
- Irwin M. Stelzer
- Publication Date:
- 06-2012
- Content Type:
- Working Paper
- Institution:
- Hudson Institute
- Abstract:
- This version of the glorious sonnet composed by Emma Lazarus in 1883, and later engraved on a bronze plaque installed on the Statue of Liberty, calling the world's huddled masses to our shores, captures what it means these days to be a safe haven. Just as America proved to be such a safe haven for immigrants in the latter 19th and early 20th centuries, it is now seen as a safe haven for wealth attempting to escape Europe's tax collectors and financial chaos and recession in Europe, and for foreign central banks newly enamored of the dollar.
- Topic:
- Economics, International Trade and Finance, Immigration, and Monetary Policy
- Political Geography:
- United States, Europe, and Germany
188. A Rapidly Changing Energy World, Or Perhaps Not
- Author:
- Irwin M. Stelzer
- Publication Date:
- 06-2012
- Content Type:
- Working Paper
- Institution:
- Hudson Institute
- Abstract:
- Slow growth here and in China, and recession in Europe are reducing demand for oil. Inventories in the U.S. are at a 22-year high. The Federal Reserve Board's QEs that pumped paper money into the economy and drove up the nominal price of oil have come to an end. And the twelve OPEC oil cartelists, who between them supply 40% of the world's oil, are producing 1.6 million barrels in excess of the agreed daily quota of 30 million barrels. As a result, U.S. benchmark crude oil prices are now closer to $80 per barrel than to the $110 they reached only four months ago.
- Topic:
- Economics, International Trade and Finance, Markets, and Oil
- Political Geography:
- United States, China, and Europe
189. Incentives for Life: Cash-on-Delivery Aid for Tobacco Control in Developing Countries
- Author:
- Amanda Glassman and Thomas J. Bollyky
- Publication Date:
- 04-2012
- Content Type:
- Working Paper
- Institution:
- Center for Global Development
- Abstract:
- Fewer people are smoking in the United States, Europe, and most of the developing world. Excise taxes, bans on smoking in public places, and graphic health warnings are achieving such dramatic reductions in tobacco use in developed countries that a recent Citigroup Bank investment analysis speculated that smoking could virtually disappear in wealthy countries over the next thirty to fifty years.
- Topic:
- Agriculture, Development, Gender Issues, International Trade and Finance, and Foreign Aid
- Political Geography:
- United States and Europe
190. America's Voluntary Standards System--A "Best Practice" Model for Innovation Policy?
- Author:
- Dieter Ernst
- Publication Date:
- 02-2012
- Content Type:
- Working Paper
- Institution:
- East-West Center
- Abstract:
- For its proponents, America's voluntary standards system is a "best practice" model for innovation policy. Foreign observers however are concerned about possible drawbacks of a standards system that is largely driven by the private sector. There are doubts, especially in Europe and China, whether the American system can balance public and private interests in times of extraordinary national and global challenges to innovation.
- Topic:
- Development, Globalization, Industrial Policy, International Trade and Finance, Science and Technology, Intellectual Property/Copyright, and Governance
- Political Geography:
- China, America, and Europe