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6381. Israel's Relations with the Vatican

Author:
Aharon Lopez
Publication Date:
03-1999
Content Type:
Policy Brief
Institution:
Jerusalem Center for Public Affairs
Abstract:
During the ceremony of the presentation of my credentials as the Ambassador of Israel to the Holy See on April 10, 1997, I told His Holiness that, actually, this was not my first connection with the Vatican. In fact, when I served as Ambassador of Israel to the Republic of Cyprus, in one of the ceremonies there, I was approached by the non-resident Ambassador of Outer Mongolia, who asked me whether I represented the Holy See in Cyprus. Of course I answered that I represented the State of Israel. Then, looking at my head, he remarked: "Oh, you are right, sir; now I can see the difference in the color!" Of course, he was referring to my skullcap.
Topic:
International Relations, Diplomacy, and Religion
Political Geography:
Europe, Middle East, Israel, and Vatican city

6382. "Contentious Europeans: Is There a European Repertoire of Collective Action?";

Author:
Doug Imig and Sydney Tarrow
Publication Date:
06-1999
Content Type:
Working Paper
Institution:
Institute for Social and Economic Research and Policy at Columbia University
Abstract:
The research reported here was inspired by a talk that the second author was induced to give for a seminar in West European Politics at Nuffield College, Oxford, in February 1994 by Vincent Wright, to whom we express our gratitude and to whom all complaints and cavils should be directed.
Topic:
Government and Politics
Political Geography:
Europe and Western Europe

6383. Economic Survey of the Netherlands, 2000

Publication Date:
12-1999
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
In its sixth year of expansion, the Dutch economy has continued to perform well, with strong real GDP growth and job creation. But some tensions have appeared, and inflation is close to the upper limit of price stability as defined by the European Central Bank. The outlook is broadly favourable as GDP growth is expected to slow only moderately: this would provide a welcome cooling-off of the economy. However, fiscal policy needs to remain particularly vigilant concerning the risk of overheating, and stand ready to tighten promptly, within the budgetary framework, if so needed. A major challenge facing the authorities is to deal with the important unfinished agenda in the structural area through speeding up the process of structural reform. The announced income tax reform is particularly necessary, not only to improve fiscal efficiency and equity, but also to redress incentives to work. This would enhance labour market policies aimed at increasing the outflow from social security schemes, and would boost the active labour force and potential output. Other necessary actions include reforming the health care system and introducing more market forces in public transport and some other former public utilities. Taking advantage of the favourable conjunctural situation, the authorities should move ahead forcefully along all these lines, thereby contributing to the continuation of strong job creation in an environment of sustainable economic growth.
Topic:
Economics
Political Geography:
Europe and Netherlands

6384. EMU One Year On

Publication Date:
12-1999
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
The euro came into being under mixed auspices. On the one hand, convergence efforts in the run-up to monetary union, particularly in the fiscal area, had helped bring inflation and interest rates down to historically low levels. On the other hand, growth, which had only just started to recover in earnest after several disappointing years, was slowing down in the wake of a series of emerging market crises. The macroeconomic policy mix prevailing in 1999 combined monetary easing and modest fiscal consolidation. It contributed to sustain domestic demand, limiting the extent of the deceleration. With a brightening external environment, growth picked up vigorously in the second half of the year. In hindsight, the new regime's début is commendable, especially when recalling the gloomy predictions of some sceptics and taking into account that this first year has been a period of learning-by-doing for all agents. Major challenges lie ahead, however, both as regards long-run fiscal sustainability in the face of population ageing and as regards market structures. The policy tradeoffs facing European policymakers are harsher in some important ways than those confronting their counterparts across the Atlantic, because of deeply ingrained labour and product market rigidities. Those are being addressed in various ways, and tangible progress is being made. Nonetheless, reform efforts should be stepped up to raise economic performance significantly above the record of the 1990s.
Topic:
Economics
Political Geography:
Europe

6385. Economic Survey of Germany, 1999

Publication Date:
12-1999
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
The new government has set itself the ambitious tasks of lowering unemployment, modernising the economy and the social system, and securing the long term viability of the budget and the health and pension systems. Ecological goals have been given equal prominence in order to ensure the environmental sustainability of economic development. In some fields there has been progress. However, the fiscal package needs to be fully implemented to put public finances on a sustainable path and to create a tax regime that is more business friendly. These policies should be underpinned by structural reforms that strengthen future growth prospects. Such policies can benefit both macroeconomic performance and future fiscal outcomes. While short-term growth prospects are already improving, unemployment remains a major problem. With respect to its strategy for reducing unemployment, the government is seeking to obtain consensus, inter-alia on an employmentfriendly wage policy, via round-table talks with the social partners. It is important that a consistent set of policy instruments emerge that establish clear links between policies and ultimate policy goals. For Germany to attain the employment, growth and environmental aims commensurate with its key position in the European economy, requires not only favourable macroeconomic conditions, including aggregate wage developments, but a policy emphasis which more effectively enhances labour-market flexibility, as well as structural reforms that strengthen individual initiative, economic choice and the role of competition. Since structural and macroeconomic policies tend to have synergies which make them mutually reinforcing, achieving a more flexible and dynamic use of resources will help to assure progress towards the country's social, budgetary, environmental and economic goals.
Topic:
Economics
Political Geography:
Europe and Germany

6386. Economic Survey of Iceland, 1999

Publication Date:
12-1999
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
The Icelandic economy has expanded rapidly over the past five years, bringing output to well above its potential. Clear signs of overheating have emerged, with unemployment below 2 per cent, inflation picking up and a large current external deficit. These developments are projected to continue, raising the risks of a wage-price spiral and financial instability. To guard against such risks, a significant tightening of monetary policy is required, with less priority attached to the exchange rate as a target for policy. This should be complemented by a medium-term fiscal discipline aiming at achieving a structural budget surplus. Such a course would help cope with long-term care spending that will rise with ageing. On the other hand, except for government employees, pensions should not constitute a burden for public finances, as, for the main, they will be provided by the private sector. To enhance future growth prospects, it will be important to maintain and extend the fishing quota regime in the face of legal threats and to increase competitive forces, especially in the telecommunications industry.
Topic:
Economics
Political Geography:
Europe and Iceland

6387. Europe—Defence Cooperation

Author:
Oxford Analytica
Publication Date:
12-1999
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
European defence cooperation will be a key issue at this week's European Council (EC) summit. It looks likely that ministers will agree that Europe should move towards an autonomous military capability independent of NATO. However, significant problems remain before these plans can be realised in operational terms.
Topic:
Security, Defense Policy, and NATO
Political Geography:
Europe

6388. United States—Interest Rate Outlook

Author:
Oxford Analytica
Publication Date:
12-1999
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
The quarter-point increase in the fed funds rate announced at the November 16 Federal Open Market Committee (FOMC) meeting was accompanied by the adoption of a neutral directive for the inter-meeting period, in place of the bias towards tightening in force since early October. The directive indicates that the Fed intends the rise to be the last of this year. However, the OECD, in its recent Economic Outlook, predicted that another one percentage point increase in the fed funds rate will be needed to restore demand and supply to equilibrium. While the economy will probably not slow sufficiently of its own accord, the incentives to defer action into 2000 mean that rates are likely to remain as they are during 1999, though probably associated with an announced bias towards tightening.
Topic:
Economics
Political Geography:
United States and Europe

6389. United Kingdom—Ulster Prospects

Author:
Oxford Analytica
Publication Date:
11-1999
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
The Ulster Unionist Party (UUP) Council will meet on November 27 to deliberate the political understanding reached between First Minister-elect David Trimble and the Sinn Fein leadership. Trimble will probably achieve the level of support necessary for devolution to occur in Northern Ireland, by a narrow margin. However, significant political difficulties, remain to be addressed in the months following devolution. The medium-term prospects for the peace process will primarily depend on the IRA's approach to implementing its commitment to decommission.
Topic:
Conflict Resolution and Peace Studies
Political Geography:
United Kingdom and Europe

6390. EU—Membership Indecision

Author:
Oxford Analytica
Publication Date:
09-1999
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
The attractions of the single european currency are likely to draw the Scandinavian countries into the euro-area by around 2003. However, the outlook for United Kingdom accession is complicated by differences in its economic profile compared with the rest of the euro-area, combined with its enduringly euro-sceptical public opinion. These factors are likely to postpone its accession until later in the decade.
Topic:
Economics and International Trade and Finance
Political Geography:
United Kingdom and Europe