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5581. Hard and soft economic policy coordination under EMU: problems, paradoxes and prospects

Author:
Iain Begg
Publication Date:
07-2003
Content Type:
Working Paper
Institution:
Minda de Gunzburg Center for European Studies, Harvard University
Abstract:
Although the launch of the euro went better than many expected, sluggish growth, persistent unemployment and growing disenchantment with key elements of the economic governance system have led to demands for change, especially in policy coordination. This paper examines the criticisms of economic policy in the EU and the mechanisms through which it is coordinated, and considers how the EMU policy system might be reformed. It points to problems and paradoxes in the way economic governance operates, notably those surrounding its ability to deliver a coherent policy mix that brings together monetary fiscal and supply-side policies. The paper concludes with a discussion of whether gouvernment économique might offer a way forward.
Topic:
Economics and International Political Economy
Political Geography:
Europe

5582. Does the process really matter? Some reflections on the "legitimating effect" of the European Convention

Author:
Paul Magnette
Publication Date:
07-2003
Content Type:
Working Paper
Institution:
Minda de Gunzburg Center for European Studies, Harvard University
Abstract:
The European Convention, set up by the Heads of state and governments during the Laeken Summit of December 2001, was presented by its initiators as a means of strengthening the legitimacy of the EU. Is this a rhetorical argument of politicians, which could be explained by the intense electoral cycle of 2002- 2004? Or is there something, in the process of the Convention, that could change the nature of the EU constitution?
Topic:
International Organization and Politics
Political Geography:
Europe

5583. Portugese Ministers, 1851-1999: Social Background and Paths to Power

Author:
Pedro Tavares de Almeida and António Costa Pinto
Publication Date:
05-2003
Content Type:
Working Paper
Institution:
Minda de Gunzburg Center for European Studies, Harvard University
Abstract:
This paper provides an empirical analysis of the impact of regime changes in the composition and patterns of recruitment of the Portuguese ministerial elite throughout the last 150 years. The 'out-of-type', violent nature of most regime transformations accounts for the purges in and the extensive replacements of the political personnel, namely of the uppermost officeholders. In the case of Cabinet members, such discontinuities did not imply, however, radical changes in their social profile. Although there were some significant variations, a series of salient characteristics have persisted over time. The typical Portuguese minister is a male in his midforties, of middle-class origin and predominantly urban-born, highly educated and with a state servant background. The two main occupational contingents have been university professors - except for the First Republic (1910-26) - and the military, the latter having only recently been eclipsed with the consolidation of contemporary democracy. As regards career pathways, the most striking feature is the secular trend for the declining role of parliamentary experience, which the democratic regime did not clearly reverse. In this period, a technocratic background rather than political experience has been indeed the privileged credential for a significant proportion of ministers.
Topic:
Government and Politics
Political Geography:
Europe

5584. Ministerial Elites in Greece, 1843-2001: A Synthesis of Old Sources and New Data

Author:
Dimitri A. Sotiropoulos and Dimitris Bourikos
Publication Date:
05-2003
Content Type:
Working Paper
Institution:
Minda de Gunzburg Center for European Studies, Harvard University
Abstract:
The study of Greek political elites used to be concentrated on parliamentary deputies. Ministerial elites were rarely studied. In this paper, we take a long-term view of the Greek ministerial elites, studying their socio-political profile from the mid-nineteenth century to the present. We find that this profile does not change so much with regime change, but instead follows political developments at certain time points within specific regime periods. At these points, new political leaders were ushered into power. Examples were Eleftherios Venizelos in 1911 and Andreas Papandreou in 1981. Changes in personnel were not accompanied by changes in geographical origin or professional outlook, which took much longer to effect. In the nineteenth century mainly landowners and state officials dominated cabinets. After the beginning of the twentieth century, however, liberal professions, particularly lawyers, were overrepresented among ministers. This pattern continued throughout the twentieth century. Both the predominance of lawyers and the changes in the profile of ministers over time are attributed to the type of state built in modern Greece, a clientelist, overcentralized and legalistic state which only recently has started its transformation, requiring a different, more modern type of politician.
Topic:
Government, Nationalism, and Politics
Political Geography:
Europe and Greece

5585. Labor Market Institutions and Unemployment: A Critical Assessment of the Cross-Country Evidence

Author:
Dean Baker, John Schmitt, and Andrew Glyn
Publication Date:
05-2003
Content Type:
Working Paper
Institution:
Minda de Gunzburg Center for European Studies, Harvard University
Abstract:
In the last twenty five years, there has been a sharp divergence in trends in the unemployment rate among OECD countries, with some seeing much larger increases in unemployment than others. This divergence is usually explained by institutions that lead to labor market inflexibility – generous unemployment benefits, employment protections, and strong unions – in countries with high unemployment rates. This paper examines the evidence for this view. It shows that there is no simple bivariate relationship between standard measures of labor market institutions and unemployment rates across countries. It then critically examines several of the most often cited studies that support the labor market inflexibility view. It finds that these studies present relatively weak and to some extent contradictory support for the labor market inflexibility view. Finally, the paper presents the results of a set of tests designed to replicate some of the earlier multivariate analyses with more current data. These tests consistently fail to find robust evidence to support the labor market inflexibility view.
Topic:
Economics and International Organization
Political Geography:
Europe

5586. The Carter Center News, Spring 2003

Publication Date:
03-2003
Content Type:
Policy Brief
Institution:
The Carter Center
Abstract:
Leaders from the Western Hemisphere called on their governments at the conclusion of a Carter Center conference to implement partial public funding of campaigns and fully disclose election donations and expenditures to help restore confidence in government.
Topic:
Conflict Resolution, Conflict Prevention, Development, and Peace Studies
Political Geography:
Africa, Europe, and South America

5587. A Swift, Elusive Sword: What if Sun Tzu and John Boyd Did a National Defense Review?

Author:
Chester W. Richards
Publication Date:
02-2003
Content Type:
Working Paper
Institution:
Center for Defense Information
Abstract:
What kind of question is: “What if Sun Tzu and John Boyd did a National Defense Review?” Sun Tzu, if he existed at all, has been gone some 2,500 years. The late Col. John R. Boyd, U.S.A.F., while intimately involved in fighter aircraft design during his active duty years, wrote practically nothing on hardware or force structure after he retired, when he created the strategic concepts for which he is best known today.
Topic:
Foreign Policy and Defense Policy
Political Geography:
United States and Europe

5588. The Defense Monitor: Nuclear Recollections

Author:
Bruce Blair
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Defense Information
Abstract:
Rear Adm. Eugene (Gene) Carroll, our beloved colleague who passed away this February, often shared with me his recollections of the role he once played in planning for nuclear war. As quoted in his obituary in the Washington Post, Gene once wrote: “During the horrible confrontation with the Soviet Union we called the Cold War, I frequently stood nuclear alert watch on aircraft carriers. For a period of time my assigned target was an industrial complex and transportation hub in a major city in Eastern Europe … My bomb alone would have resulted in the death of an estimated 600,000 human beings. Multiply that by 40 or 50 times and you can understand what two carriers alone would have done.”
Topic:
Security, Defense Policy, and Cold War
Political Geography:
United States, Europe, and Soviet Union

5589. Why Delegate the Allocation of Foreign Aid to Multilateral Organizations? Principal-Agent Problems and Multilateralism

Author:
Helen Milner
Publication Date:
09-2003
Content Type:
Working Paper
Institution:
Center for International Studies, University of Southern California
Abstract:
Why do countries delegate the distribution of foreign aid to international institutions? Specifically, why have the advanced industrial countries chosen to distribute part of their foreign aid through multilateral organizations, such as the European Union (EU), World Bank, IMF, UN, and regional development banks (RDBs)? The delegation of aid provision to an international institution is puzzling. Why would governments relinquish control over their aid if they are a useful instrument of statecraft? Governments delegate aid delivery to international institutions when their publics lack information about the consequences of aid and fear that their governments will deviate from their wishes concerning its use. By using the international organization to send aid, the government issues a credible signal to voters about the use of foreign aid. This signal leaves all actors better off by helping to solve a principal-agent problem in domestic politics. When publics are skeptical about the benefits of aid, governments are more likely to turn aid over to multilateral organizations in order to reassure taxpayers that their money is being well spent. Using data on about 20 donor countries of the OECD from 1960-2000, I investigate the sources of multilateral giving, showing that public opinion has the expected negative relationship to multilateral aid-giving.
Topic:
International Relations, Foreign Policy, Economics, and International Trade and Finance
Political Geography:
Europe and United Nations

5590. North American Economic Integration Policy Options

Author:
Earl H. Fry
Publication Date:
07-2003
Content Type:
Working Paper
Institution:
Center for Strategic and International Studies
Abstract:
At the end of 2003, the North American Free Trade Agreement (NAFTA) will have been in effect for a decade, and although the accord will not be fully implemented for another five years, almost all of its important provisions are already in place. The model for NAFTA was the Canada-U.S. Free Trade Agreement (CUSFTA), which was put in motion in 1989 and was to be fully implemented within 10 years but was superseded by NAFTA after only five years in operation. NAFTA itself has created the world's largest free-trade area, encompassing the United States, Mexico, and Canada; 21.3 million square miles of territory; 422 million people; almost $12 trillion in yearly production; and $615 billion in annual three-way merchandise trade. North American trade, investment, government-to-government, and people-to-people exchanges have increased dramatically over the past decade and decisionmakers in Washington, D.C., Mexico City, and Ottawa will soon have to consider whether continental economic integration should move to the next level in the form of a customs and monetary union or even a common market possessing many of the attributes of the European Union (EU).
Topic:
Economics and International Trade and Finance
Political Geography:
United States, Europe, Canada, Latin America, Central America, North America, Mexico, and Ottawa