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6511. Broad Money Demand and Financial Liberalization in Greece

Author:
Neil R. Ericsson and Sunil Sharma
Publication Date:
07-1996
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
This paper develops a constant, data-coherent, error correction model for broad money demand (M3) in Greece. This model contributes to a better understanding of the effects of monetary policy in Greece, and of the portfolio consequences of financial innovation in general. The broad monetary aggregate M3 was targeted until recently, and current monetary policy still uses such aggregates as guidelines, yet analysis of this aggregate has been dormant for over a decade.
Topic:
Economics, Government, and International Trade and Finance
Political Geography:
Europe

6512. American-Ukrainian Nuclear Relations

Author:
Roman Popadiuk
Publication Date:
10-1996
Content Type:
Working Paper
Abstract:
On June 1, 1996, the last strategic missiles were shipped from Ukraine to Russia, bringing to an end a contentious issue that had marred the early stages of U.S.-Ukraine relations. In welcoming this development, President Clinton stated, “I applaud the Ukrainian government for its historic contribution in reducing the nuclear threat .... We remain committed to supporting Ukraine through its ambitious and far-sighted reforms and to working with Ukraine and our European partners to promote Ukraine's integration into the European community.”
Topic:
Security, Defense Policy, and International Law
Political Geography:
Europe and Johannesburg

6513. Trouble in Paradise? Europe in the 21st Century

Author:
Steven Philip Kramer and Irene Kyriakopoulos
Publication Date:
03-1996
Content Type:
Working Paper
Abstract:
When political observers talk about European security, they invariably refer to the challenges Western Europe faces on its peripheries from a renationalized Russia, conflicts in the Balkans, and Islamic fundamentalism in North Africa. Rarely do they imagine that the greatest dangers to the new Europe may come from within, that the kind of stability Europe has enjoyed since World War II could be merely a passing chapter in history, not a transcendence of history. Without suggesting that there is necessarily a worst case ending, this study will argue that there is indeed a series of crises converging on post-Cold War Europe that threaten its stability and that need to be addressed by European policy makers and taken into account by Americans.
Topic:
Security, Defense Policy, International Law, and War
Political Geography:
Russia, Europe, and North Africa

6514. The European Union's Common Foreign and Security Policy

Author:
Richard Whitman
Publication Date:
10-1996
Content Type:
Working Paper
Institution:
Centre for the Study of Democracy, University of Westminster
Abstract:
The Treaty on European Union (TEU, or 'Maastricht Treaty'), which came into force on 1 November 1993, established a 'three pillar' structure for the new European Union. Pillar one consists of the European Communities - the European Coal and Steel Community (ECSC); the European Atomic Energy Community (EAEC); and the European Community (EC). Pillars Two and Three were introduced by the TEU and consist of, respectively, the Common Foreign and Security Policy (CFSP) and co-operation in Home and Judicial Affairs (HJA).
Topic:
Security, Foreign Policy, and International Organization
Political Geography:
Europe

6515. Denmark's Fifth EU-Referendum

Author:
Lykke Friis
Publication Date:
12-1996
Content Type:
Working Paper
Institution:
Danish Institute for International Studies
Abstract:
For a short period in May 1998, Denmark once again found itself in the European limelight. After the Danish no to the Maastricht Treaty in June 1992, European governments held their breath when the Danes were called to the ballot box on the 28th of May to accept or reject the Treaty of Amsterdam. A quick glance at the actual debate and the final result could easily leave the impression that everything was business-as-usual. Just like in 1972, 1986, 1992 and 1993 the debate largely centered around broad issues, such as the pros and the cons of Danish EU-membership and the danger of 'little Denmark' being swallowed by the 'big EU'. The final outcome of the referendum also looked familiar: Although 55.1 per cent of the Danish population voted in favor of the Treaty, a large minority continued to give an EU-Treaty their thumbs-down.
Topic:
Foreign Policy and International Organization
Political Geography:
Europe

6516. Post-Communist Security Thinking in Russia: Changing Paradigms

Author:
Alexander A. Sergounin
Publication Date:
07-1996
Content Type:
Working Paper
Institution:
Danish Institute for International Studies
Abstract:
The end of the Cold War, the collapse of the USSR and its Marxist ideology, and the re-emergence of the Russian Federation as a separate, independent entity have compelled Russia to redefine its national interests and make major adjustments in the spheres of both foreign policy and international relations theory (IRT). These enormous tasks, together with an attendant polarisation of opinion on how to deal with them, have pitted Russia's policy makers and experts against one another in a fierce battle of world views. This debate is far from at an end. Neither a new security identity nor a coherent foreign policy strategy have yet been found.
Topic:
Security, Foreign Policy, Environment, Government, Politics, and Religion
Political Geography:
Russia, Europe, and Asia

6517. Norden: A Community of Asecurity

Author:
Pertti Joenniemi
Publication Date:
06-1996
Content Type:
Working Paper
Institution:
Danish Institute for International Studies
Abstract:
Traditionally regarded as a fairly stable configuration, Norden has in recent years become one of the more uncertain cases on the European agenda. Obviously, it cannot remain unaffected once a new and different logic sets in and drastically reshapes the political landscape also in the northern part of Europe. The range of options is quite broad. Norden might establish itself as a central acronym or, on the contrary, develop into one of the more problematic configurations with a rather bleak future.
Topic:
Security and International Organization
Political Geography:
Europe

6518. Structural Liberalism:The Nature and Sources of Postwar Western Political Order

Author:
G. John Ikenberry and Daniel Deudney
Publication Date:
05-1996
Content Type:
Working Paper
Institution:
Christopher H. Browne Center for International Politics, University of Pennsylvania
Abstract:
The end of the Cold War has triggered new debates about international relations theory. Most of the attention has been focused on explaining the end of the Cold War. Equally important, however, this epochal development raises new questions about the impact of forty years of East-West rivalry on the relations among the Western liberal democracies. This issue is not simply of passing historical interest because it bears on our expectations about the future trajectory of relations among the great powers in the West. Will the end of the Cold War lead to the decline of cooperative relations among the Western liberal democracies? Will major Western political institutions, such as NATO and the U.S.-Japanese alliance, fall apart? Will "semi-sovereign" Germany and Japan revert to traditional great power status? Will the United States return to its traditional isolationist posture? Our answers to these questions depend upon the sources of Western order: was the Cold War the primary cause of Western solidarity or does the West have a distinctive and robust political order that predated and paralleled the Cold War?
Topic:
International Relations, Government, and Politics
Political Geography:
United States, Japan, Europe, and Germany

6519. International Conferences: Considerations on the Evolution of the French and American Industrial Societies

Author:
Monique Borrel, Stephen Bornstein, Pierre-Eric Tixier, Chris Benner, Julia E. Kopich, and W. Norton Grubb
Publication Date:
02-1996
Content Type:
Working Paper
Institution:
Institute of European Studies
Abstract:
From the beginning of the industrial era to the present time, French social history has been characterized by recurrent strikes of great magnitude. Contrary to most postwar industrialized countries where large strikes ceased to play a key role in sociopolitical changes, the French case presents an important anomaly. This research demonstrates that strikes have been instrumental in reshaping French society since the early 1950s. First, strike waves and generalized disputes supported the rapid expansion of the Welfare State throughout the postwar period. They also prompted leftist parties and unions to achieve coordination in their strategies and to orchestrate national demonstration strikes, which resulted in the emergence of a leftist electoral majority. Besides, the 1968 strike waves and the leftist strategy to achieve political power supported the upward trend in unionization in the 1970s. Beginning in the early 1980s, this French pattern of strikes has resulted in a number of perverse effects that account for the crisis of the mid1990s. In that respect, the French experience supports the idea that advanced industrial societies cannot afford recurrent general strikes without damaging the very fabric of democracy and without jeopardizing their economic future.
Topic:
Education and Industrial Policy
Political Geography:
America, Europe, and France

6520. Co-Sponsored Projects: Transformation of German Party System

Author:
Wolfgang Seibel, Christopher S. Allen, Hans-Georg Betz, Henry Kreikenbaum, John Leslie, Andrei S. Markovitz, Ann L. Phillips, and Michaela W. Richter
Publication Date:
03-1996
Content Type:
Working Paper
Institution:
Institute of European Studies
Abstract:
According to West German standards, there is only a weak nonprofit sector in East Germany today. The East German quasi-nonprofit sector nonetheless is an indispensable institutional ingredient of political integration. It is characterized by an amazing degree of structural and ideological continuity. Much of its organizational setting dates back to the pre-1989 era. Both funding and managerial attitudes are shaped by state-centeredness. Nonprofit institutions are heavily engaged in mitigating the social costs of economic transformation. Many of them, especially at the local level, are controlled by members of the former-communist PDS (Party of Democratic Socialism). Thus, the East German quasinonprofit sector presumably integrates two important societal groups more effectively than the regular polity: those alienated from the new democracy due to economic disappointment or deprivation and those alienated from the new democracy due to ideological reasons (former communists in particular). This indicates a remarkable institutional elasticity whose main function is to "synchronize" the dramatically accelerated pace of political change and the much slower pace of societal change.
Topic:
Cold War and Democratization
Political Geography:
Europe