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4151. North Caucasus Weekly: Gunmen Target Zyazikov's Home and Cousin

Publication Date:
09-2008
Content Type:
Policy Brief
Institution:
North Caucasus Weekly (formerly Chechnya Weekly), The Jamestown Foundation
Abstract:
Newsru.com reported on September 11 that unidentified attackers had fired grenade launchers and machine guns at Ingush President Murat Zyazikov's home in the Nazran municipal district village of Barsuki the previous evening. A home located nearby belonging to relatives of Zyazikov was also reportedly targeted. According to Ingushetiya.ru, there was no information on whether there were any casualties from the attack, which lasted around 20 minutes. Ingushetia's Interior Ministry, meanwhile, denied that such an attack took place, Interfax reported.
Topic:
Security and Ethnic Conflict
Political Geography:
Russia, Europe, and Asia

4152. Constraints to Economic Development and Growth in the Middle East and North Africa

Author:
Juliane Brach
Publication Date:
09-2008
Content Type:
Working Paper
Institution:
German Institute of Global and Area Studies
Abstract:
When comparing the speed and extent of economic development in different geographic regions of the world over the past 20 years, the under-average performance of Arab countries in general and Arab Mediterranean countries in particular is striking. This is despite an overall favorable geo-strategic situation at the crossroads of three continents, with excellent connections to sea and waterways and in direct proximity to the European Union, one of the world's economic hubs. It is also despite the minor importance of negative factors such as a high-burden diseases or high levels of ethnic fractionalization. In this paper, I focus on identifying the most important constraints on Arab Mediterranean economic development. I use state-of-the-art econometric tools to quantify constraints that have been identified through economic theory and studies of the political economy characteristics of the region. The empirical results offer support for the central hypothesis that limited technological capacities and political economy structures are the primary constraints on economic development. With a view to international structural adjustment efforts, my findings imply that the limited success of the Euro-Mediterranean policy to stimulate the economic development of the Arab Mediterranean countries might be because structural adjustment efforts do not tackle—or at least do not sufficiently tackle— these constraints.
Topic:
Development and Political Economy
Political Geography:
Europe, Middle East, Arabia, and North Africa

4153. Labor Regulations and European Industrial Specialization: Evidence from Private Equity Investments

Author:
Ant Bozkaya and William R. Kerr
Publication Date:
05-2008
Content Type:
Working Paper
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
European nations empirically substitute between employment protection regulations and labor market expenditures like unemployment insurance benefits in the provision of labor market insurance to workers. While perhaps substitutes from a worker's perspective, employment regulations more directly tax .firms making frequent labor force adjustments. These labor adjustments are especially important for the portfolio companies of both venture capital and buy-out investors. European nations providing worker insurance through labor market expenditures developed stronger domestic private equity markets over the 1990-2004 period than those nations favoring employment protection. These patterns are further evident in US-sourced private equity investments into Europe. Moreover, tests for industry specialization suggest that countries with more flexible labor markets tend to specialize in sectors characterized by high labor volatility. These results are relevant to the literatures examining the impact of labor market regulations on entrepreneurship and productivity growth due to reallocations across .firms and sectors.
Topic:
Economics, Industrial Policy, and Markets
Political Geography:
United States and Europe

4154. Canada and the European Union: Prospects for a Free Trade Agreement

Author:
Selen Sarisoy Guerin and Chris Napoli
Publication Date:
07-2008
Content Type:
Working Paper
Institution:
Centre for European Policy Studies
Abstract:
This paper argues that there are significant potential economic gains to be obtained from an EU-Canada Free Trade Agreement. The evolution of trade between the US and Canada following the signing of CUSFTA in 1989 offers a good illustration of how trade might increase after an EU-Canada FTA, as the patterns and levels of protection between the EU and Canada today are very similar to the protection that existed between the US and Canada in 1989. Although many empirical studies fail to find support for 'trade diversion' created by NAFTA (or CUSFTA) at the expense of the EU and to the benefit of the US, there is some evidence of trade diversion when detailed regional trade is examined. If indeed trade diversion has occurred due to NAFTA, then an EU-Canada FTA is welfare-enhancing for Canada. For the EU, a potential FTA can level the playing field with the US and increase the competitiveness of European firms in the Canadian market.
Topic:
International Trade and Finance and Markets
Political Geography:
United States, Europe, and Canada

4155. Financial Impacts of Climate Change: Implications for the EU Budget

Author:
Christian Egenhofer, Arno Behrens, and Jorge Núñez Ferrer
Publication Date:
08-2008
Content Type:
Working Paper
Institution:
Centre for European Policy Studies
Abstract:
This study focuses on the financial resources needed to fight global climate change and the implications for the EU budget. The authors apply four different methodologies to estimate global financing requirements and attempt to determine the resources that will be needed at the EU level to meet the EU's climate change objectives. The study analyses current climate change spending of the EU budget, identifies shortcomings and indicates possibilities for correcting them. It also assesses the potential of the EU emissions trading scheme to raise additional resources to finance coordinated actions at the EU level aimed at fighting climate change. Finally, it provides three case studies of national public expenditure related to climate change in Germany, the United Kingdom and the United States.
Topic:
Climate Change, Economics, and Environment
Political Geography:
United States, United Kingdom, and Europe

4156. At What Cost Price Stability? New evidence about the Phillips Curve in Europe and the United States

Author:
Daniel Gros and Andrea Beccarini
Publication Date:
09-2008
Content Type:
Working Paper
Institution:
Centre for European Policy Studies
Abstract:
With inflation increasing all over the world, central banks have to consider with some care how quickly to re-establish price stability. A key issue in this context is the short-run cost in terms of foregone output and higher unemployment. The aim of this paper is to determine the 'sacrifice ratio' for the Euro Area and for the United States. The main findings are: the cost of reducing inflation is in most cases higher in the US than in the EA. For example, reducing (headline) inflation by 1% point requires a decline of output of 1.4% in the EU, but 2.3% for the US. Considering core inflation, the sacrifice ratio in terms of output is somewhat higher for the Euro Area (around 4) compared to 3.2 for the US. However, the sacrifice ratios in terms of unemployment are always much larger for the US. Reducing headline inflation by 1% requires an increase in unemployment of little more than 1% in the EA, compared to 8% in the US.
Topic:
Economics and Foreign Exchange
Political Geography:
United States and Europe

4157. The External Dimension of EU Justice and Home Affairs: Tools, Processes, Outcomes

Author:
Thierry Balzacq
Publication Date:
09-2008
Content Type:
Working Paper
Institution:
Centre for European Policy Studies
Abstract:
This working document offers a conceptual framework for understanding the processes underpinning the external dimension of EU Justice and Home Affairs (ED-JHA). Practically, it defines how the export of JHA principles and norms inform the geopolitical ambitions of the EU, i.e. the use of space for political purposes, or the control and management of people, objects and movement. The author begins by investigating how the ENP reconfigures the ED-JHA, and then goes on to discuss various conceptual stances on governance, specifically institutionalism, constructivism, and policy instruments. To conclude he traces the evolution of this external dimension, emphasising, whenever possible, its continuities and bifurcations. Overall, the aim is to ascertain the extent to which conceptual designs clarify or advance our knowledge of the contents and rationales of the ED-JHA.
Topic:
Government and International Political Economy
Political Geography:
Europe

4158. Schengen:Achievements and Challenges in Managing an Area Encompassing 3.6 million km²

Author:
Stefano Bertozzi
Publication Date:
02-2008
Content Type:
Working Paper
Institution:
Centre for European Policy Studies
Abstract:
This paper assesses the achievements of the European Commission and the member states over the last six years in the management of Europe's internal and external borders. The key stages in the development of the Schengen acquis are identified, including the creation of FRONTEX (the EU agency responsible for coordinating the operational cooperation between member states in the field of border security) and the recent Schengen enlargement. The author attempts to explain the main reasons why the member states of the European Union have relinquished some of their much-treasured sovereignty and pooled their financial and human resources in a bid to manage and police Europe's external borders more effectively. Finally, this paper considers the fundamental question of how to make Europe's controls more effective, more technologically advanced and more responsive to the new challenges posed by globalisation, without impinging on the principle of the free movement of people.
Topic:
International Relations, Foreign Policy, and Regional Cooperation
Political Geography:
Europe

4159. Rebranding Russia: Norms, Politics and Power

Author:
Andrey Makarychev
Publication Date:
02-2008
Content Type:
Working Paper
Institution:
Centre for European Policy Studies
Abstract:
This working paper argues that Russia is in the process of re-branding itself internationally, with a variety of normative arguments increasingly creeping into its wider international discourse. By appealing to norms, Russia tries to reformulate the key messages it sends to the world and implant the concept of its power worldwide. Yet given that Russia's normative messages are often met with scarce enthusiasm in Europe, it is of utmost importance to uncover how the normative segment in Russian foreign policy is perceived, evaluated and debated both inside Russia and elsewhere. Within this framework, this paper focuses on a set of case studies highlighting the normative and non-normative dimensions of Russian foreign policy. These include Russia-EU transborder cooperation, Moscow's policies towards Estonia, Poland, Ukraine/Georgia and the UK, Russian strategies in the 'war on terror' and energy issues.
Topic:
International Relations and Foreign Policy
Political Geography:
Russia, United Kingdom, Europe, Ukraine, Asia, Poland, Moscow, Estonia, and Georgia

4160. Democracy in the European Union

Author:
Stefano Micossi
Publication Date:
02-2008
Content Type:
Working Paper
Institution:
Centre for European Policy Studies
Abstract:
Many observers take it for granted that the European Union suffers from a lack of democracy: in the dual sense that common policies have diverged from voters' preferences (output legitimacy) and that decision-making mechanisms appear to lack the basic requirements of transparency, accountability and democratic involvement (input legitimacy). Stefano Micossi, Director General of Assonime, argues in this paper that once the Union is recognised for what it is – an innovative polity, where power is shared by a large number of players with many participation and influence-wielding mechanisms, – it becomes apparent that on the whole it complies with democratic legitimisation standards no less than do member states, even if multiple, and potentially conflicting legitimisation channels and principles may confuse observers. The member states and EU citizens continue to turn to the Union to seek solutions to problems that cannot be solved nationally, and there is an extraordinary proliferation of subjects and channels providing participation in European debates and decisions, in new and ever-changing ways. Through this continuous adjustment process, the Union has designed new legitimisation solutions that may well represent the future of democracy in a world of diverse but increasingly interconnected communities.
Topic:
International Relations, Democratization, and Regional Cooperation
Political Geography:
Europe