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3681. Not All Financial Regulation Is Global

Author:
Nicolas Véron and Stéphane Rottier
Publication Date:
09-2010
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
“All politics is local,” as the saying goes, but all economics is global, and regulation is one area where these two realities meet and conflict. This has been particularly true for financial regulation in the wake of the unprecedented financial crisis.
Topic:
Economics, Genocide, International Cooperation, International Trade and Finance, and Monetary Policy
Political Geography:
Europe

3682. Much Ado about Nothing? On the European Union's fight against corruption in developing countries under Aticles 9(3) and 97 of the Cotonou Agreement

Author:
Morten Broberg
Publication Date:
11-2010
Content Type:
Working Paper
Institution:
Danish Institute for International Studies
Abstract:
The Cotonou Agreement is the European Union's most important legal measure in the field of development assistance covering 79 developing countries in Africa, the Caribbean and the Pacific (ACP countries). It empowers the European Union to sanction 'serious cases of corruption' where this corruption is related to economic and sectoral policies and programmes to which the European Union is a significant financial partner. During the negotiations leading to the adoption of the Cotonou Agreement the ACP countries strongly objected to the inclusion of the possibility of sanctioning corruption. In practice the European Union has only sanctioned one single case of corruption under the provision, however. Whereas this does not necessarily mean that the sanctioning clause is without an impact, the fact that sanctions have been imposed in only one situation is a strong indication that its impact is rather limited. It is suggested that more effective means of preventing corruption are considered.
Topic:
Corruption, Development, Humanitarian Aid, Treaties and Agreements, and Foreign Aid
Political Geography:
Africa, Europe, and Caribbean

3683. Dialoguing Partnerships: An analysis of the dialogue assumptions of the Danish Partnership for Dialogue and Reform

Author:
Marie-Louise Koch Wegter and Karina Pultz
Publication Date:
11-2010
Content Type:
Working Paper
Institution:
Danish Institute for International Studies
Abstract:
In 2003, the Danish government launched the Partnership for Dialogue and Reform (PDR) with the dual objective of 1) establishing a basis for improved dialogue, understanding and cooperation between Denmark and the Arab region; and 2) supporting existing local reform processes in the Middle East and North Africa. With the first objective, which is the focus of this study, PDR was intended to demonstrate the trivialization of Huntington's thesis of a clash of civilizations that Al Qaeda, only few years before, had brought back to the limelight of international politics and endeavoured to prove. PDR was to show populations in Europe and the Arab world that there was indeed a strong, shared agenda between the so-called West and the mother-region of the Islamic world and that mutual misconceptions and prejudice could be overcome through the joined pursuit of this agenda of progress.
Topic:
Conflict Resolution, Conflict Prevention, Islam, and Bilateral Relations
Political Geography:
Europe, Middle East, Arabia, Denmark, and North Africa

3684. GDP Now Matters More Than Force

Author:
Leslie H. Gelb
Publication Date:
11-2010
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
Most nations have adjusted their foreign policies to focus on economic security, but the United States has not. Today's leaders should adapt to an economic-centric world and look to Presidents Harry Truman and Dwight Eisenhower for guidance.
Topic:
Security and Economics
Political Geography:
United States, Europe, and Washington

3685. A Globalized God

Author:
Scott M. Thomas
Publication Date:
11-2010
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
Religion is on the rise around the world. If the United States fails to confront the implications of this growth properly the potential for religiously motivated violence across the globe may increase dramatically over the next century.
Topic:
Islam
Political Geography:
United States, Europe, and Middle East

3686. Pax Ottomana

Author:
Hugh Pope
Publication Date:
11-2010
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
Turkey's ruling party is sometimes criticized for being Islamist or ideological, but its policies remain essentially nationalist and commercially opportunistic.
Topic:
Islam
Political Geography:
Afghanistan, Europe, Turkey, and Middle East

3687. Should Israel Become a "Normal" Nation?

Author:
Barbara Slavin
Publication Date:
10-2010
Content Type:
Journal Article
Journal:
The Washington Quarterly
Institution:
Center for Strategic and International Studies
Abstract:
Founded in the aftermath of the Holocaust amid violent rejection from its neighbors, Israel has long insisted on extraordinary freedom of action to defend its existence as a Jewish majority state. But external pressures are rising, creating a diplomatic crisis that may constrain Israel's tendency to use massive military force against adversaries. Increasingly, questions are being raised even by those sympathetic to Israel about whether its military conduct and unresolved conflict with the Palestinians are impinging on the U.S. ability to fight wars in two Muslim nations and to counter anti-U.S. sentiment in the wider Muslim and developing world. There is also an emerging debate about the wisdom and feasibility of Israel refusing to acknowledge its arsenal of nuclear weapons, while demanding that other countries in the Middle East foreswear them.
Political Geography:
United States, Europe, Israel, and Germany

3688. Engagement without Recognition: A New Strategy toward Abkhazia and Eurasia's Unrecognized States

Author:
Lincoln A. Mitchell and Alexander Cooley
Publication Date:
10-2010
Content Type:
Journal Article
Journal:
The Washington Quarterly
Institution:
Center for Strategic and International Studies
Abstract:
The Russia—Georgia war of August 2008 had repercussions well beyond the South Caucasus. The war was the culmination of Western tensions with Russia over its influence in the post—Soviet space, while the fallout exposed divisions within the transatlantic community over how aggressively to confront Moscow after its invasion of undisputed Georgian territory and its permanent stationing of troops in Abkhazia and South Ossetia.1 The conflict also called into question Georgia's relationship with the United States, as well as U.S. credibility as a regional security partner in light of Washington's apparent inability either to restrain Tbilisi from launching an attack against Tskhinvali in August 2008 or to help its ally once the war began.2 Since the war, both the United States and Europe have provided significant financial support to help rebuild Georgia and have denounced the continued presence of Russian forces in the breakaway territories. The transatlantic community, however, has failed to develop a forward-looking strategy toward those territories.
Political Geography:
Russia, United States, Europe, and Moscow

3689. Getting Back on Track in Bosnia-Herzegovina

Author:
Christopher S. Chivvis and Harun Dogo
Publication Date:
10-2010
Content Type:
Journal Article
Journal:
The Washington Quarterly
Institution:
Center for Strategic and International Studies
Abstract:
''The international officials who have run Bosnia as a virtual protectorate since the West forced a peace deal in 1995 are eager to scale back their presence here soon,'' reported the New York Times eight years ago. Sadly, not much has changed since. Bosnia was Europe's first major post—Cold war tragedy. Its bloody collapse attracted global attention and shaped our understanding of the security dilemmas posed by the post—Cold War world. Peace has held since the 1995 Dayton Accords, but in spite of over $15 billion in foreign aid as well as the sustained deployment of thousands of NATO and EU troops, the country still struggles to achieve the political consensus necessary to cement its stability and break free of international tutelage. To make matters worse, the situation has deteriorated, especially over the last four years. Circumstances on the ground are polarized and increasingly tense. Meanwhile, Bosnia's problems are contributing to rifts between the United States and Europe.
Topic:
Cold War
Political Geography:
United States, Europe, and Bosnia

3690. Managing the Challenge of Russian Energy Policies

Author:
Keith C. Smith
Publication Date:
12-2010
Content Type:
Working Paper
Institution:
Center for Strategic and International Studies
Abstract:
Following the breakup of the Soviet Union and the Warsaw Pact, the leaders of Russia, including then-President Boris Yeltsin, searched for new methods of continuing to exert influence over the former Soviet-controlled region. The Kremlin at first used an energy blockade to the Baltic States in 1990 in an attempt to prevent their breakaway from the Soviet Union. After that failed, it then focused on the growing opposition in the former republics of the Soviet Union and in East Central Europe to its foreign and economic policies, and in particular on demands that Russian military forces withdraw from the newly independent states. The Kremlin leadership quickly recognized that short of military action, its major foreign policy tool was the denial or threat of denial of access to Russia's vast oil and gas resources. The economies of East European and Central Asian countries, and especially their rail and pipeline infrastructures, had been hardwired by Soviet leaders to assure total dependency on Moscow for their raw materials, including oil, gas, coal, and nuclear fuel.
Topic:
Cold War, Economics, Emerging Markets, Energy Policy, and Oil
Political Geography:
Russia, Europe, Central Asia, and Soviet Union