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151. Who Are These Bond Vigilantes Anyway? The Political Economy of Sovereign Debt Ownership in the Eurozone

Author:
Tobias Arbogast
Publication Date:
04-2020
Content Type:
Working Paper
Institution:
Max Planck Institute for the Study of Societies
Abstract:
This paper examines the ownership structure of eurozone public debt and the distribu- tional consequences thereof. Through both a comparative perspective and an explorative case study of Italy, this paper asks two research questions. Firstly, it asks who holds gov- ernment debt in Spain, France, Germany, and Italy. I focus in on Italy to provide, to the author’s knowledge, the first highly disaggregated view of the holding structure of public debt. Secondly, for Italy I study distributional effects by examining who benefits from the interest received on government debt. This is accomplished through an investigation of the various stakeholders associated with public debt. Results indicate that most of the public debt is held by private and public financial institutions but rarely directly by households. Both direct and indirect beneficiaries of the interest received on government bonds in Italy turn out to be largely wealthy households, reflecting the unequal ownership of wealth more generally. However, prominent public financial institutions are also significant beneficiaries, which likely ameliorates a possible regressive distributional effect of the public debt hold- ing structure. The paper discusses the results with an eye on inequality and contributes to further study of the political economy of public debt.
Topic:
Debt, Inequality, Financial Institutions, and Public Debt
Political Geography:
France, Germany, Spain, and Italy

152. The French initiative: technocratic fixes for Lebanon’s chronic crises

Author:
Al Jazeera Center for Studies
Publication Date:
09-2020
Content Type:
Policy Brief
Institution:
Al Jazeera Center for Studies
Abstract:
Major Lebanese factions are urgently trying to fulfill French demands for the formation of a technocratic government that opens the door for international aids and alleviates public anger and increasing foreign isolation.
Topic:
Government, Bilateral Relations, Crisis Management, and Technocracy
Political Geography:
Europe, Middle East, France, and Lebanon

153. The “Indo-Pacific” Concept: Geographical Adjustments and their Implications

Author:
Wada Haruko
Publication Date:
03-2020
Content Type:
Working Paper
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
The United States, Australia, Japan, India, France, the United Kingdom, Indonesia and ASEAN have adopted the term “Indo-Pacific” as a policy symbol of regional engagement. However, less attention has been given to the change in the geographical definition of the “Indo-Pacific”. This study examines how these countries have adjusted the geographical scope of “Indo-Pacific” to understand how they conceptualise the region. It finds that the inherent core area of the “Indo-Pacific” is from India to the Southeast Asian countries and the seas from the eastern Indian Ocean to the South China Sea, and that the “Indo-Pacific” has converged eastwards and diverged westwards through the geographical adjustment process. It also found that some of the geographical definitions have an additional function of conveying diplomatic messages. These findings will help us understand how the concept of “Indo- Pacific” as conceptualised by various countries develops.
Topic:
Diplomacy, International Cooperation, Regional Cooperation, and ASEAN
Political Geography:
United States, Japan, United Kingdom, Asia, France, Australia, and Indo-Pacific

154. Confettis d’empire ou points d’appui? L’avenir de la stratégie française de présence et de souveraineté

Author:
Élie Tenenbaum, Morgan Paglia, and Nathalie Ruffié
Publication Date:
02-2020
Content Type:
Special Report
Institution:
Institut français des relations internationales (IFRI)
Abstract:
France is one of the few nations in the world to benefit from a permanent global military presence. With more than 10,000 military personnel from all three services, deployed across the five continents and the three main oceanic basins, it benefits from the second largest network of prepositioned forces in the world. This global military posture is structured around five “presence forces”, based in Senegal, Ivory Coast, Gabon, Djibouti and the United Arab Emirates, as well as five “sovereignty forces” in the dependent overseas territories of the Antilles, French Guyana, Southern Indian Ocean, New Caledonia and French Polynesia. Over the past twenty years, this unique force posture has been hit by a series of deep budgetary cuts, translating into staff reductions and persisting delays in equipment delivery. As a result, the current military presence is under serious strain, as some capability are now weighing on the ability of these prepositioned forces to contribute as much as they could to the five strategic functions reiterated in the 2017 Strategic Review. These considerations are all the more important given the coming demographic, climatic, economic, geopolitical, and of course military challenges that will dramatically constrain the operational environment of the French forces in the coming years.
Topic:
Defense Policy, Military Strategy, Armed Forces, and Geopolitics
Political Geography:
Africa, Europe, France, Latin America, and Asia-Pacific

155. The Normandy Negotiations Renewed: Divisions at Home and Opportunity Abroad

Author:
David Carment
Publication Date:
01-2020
Content Type:
Policy Brief
Institution:
Canadian Global Affairs Institute (CGAI)
Abstract:
After three years of limited discussion, the leaders of France, Germany, Russia and Ukraine renewed their peace talks to resolve the separatist conflict in Eastern Ukraine (Donbas). Efforts to facilitate a peaceful resolution to the conflict in the Donbas began five years ago with the meeting of the Trilateral Contact Group on Ukraine. This framework, developed by the Organization for Security and Co-operation in Europe (OSCE), attempted to facilitate a dialogue between Russia and Ukraine through the mediation of an impartial actor, and it culminated in the Minsk I (September 2014) and then Minsk II (February 2015) agreements. The Minsk II agreements comprised a 13-point peace plan, chief among which is an arrangement specifying support for the restoration of the Ukrainian-Russian border. While the implementation of the military portions of the Minsk II agreements were finalized within three months of signing, the political and security portions remained unresolved. Though President Vladimir Putin has declared his intent to protect the Russian-speaking peoples of the region, he has also stated he has no interest in reclaiming Eastern Ukraine. Not surprisingly, since Russia’s ultimate goal is undeclared, the conflict has proved very difficult to resolve.
Topic:
Conflict Resolution, Security, Territorial Disputes, and Negotiation
Political Geography:
Russia, Europe, Ukraine, Canada, France, Germany, and United States of America

156. The Treaty of Aachen, 2019: Opportunities to Strengthen French–German Cooperation on Sustainable Development

Author:
Laura-Theresa Krüger and Julie Vaillé
Publication Date:
01-2020
Content Type:
Policy Brief
Institution:
German Institute of Development and Sustainability (IDOS)
Abstract:
On 22 January 2019, France and Germany signed the Aachen Treaty. Therein, 56 years after the Elysée Treaty, re-emphasising their support for multilateralism, sustainable development and development cooperation. Despite the ambitions expressed in this document, the signing of the Treaty calls for reflection: to what extent does this type of agreement indeed lead to joint operational approaches and have a real impact on French–German cooperation? To answer this question, this Briefing Paper analyses the obstacles to a closer French–German cooperation in the field of sustainable international development. It focuses on how these commitments are put into practice at the level of political coordination and project implementation. The analysis is based on about 20 interviews with representatives of French and German ministries, development agencies and think tanks. It finds that things get most complicated at the level of political coordination. Three main obstacles are identified: slightly diverging strategic visions; an incompatibility between institutional structures concerning the degree of specialisation and the mandates of the ministries responsible for steering aid, as well as the degree to which development agencies are involved in strategic decision-making; and cultural particularities regarding communication and time management. Five recommendations are proposed: 1. Protect what has been achieved: the alignment between France and Germany at the political and project implementation levels is an asset in an international context where the focus on national interests is increasing. Such cooperation should thus continue to be supported and reinforced. 2. Channel the political momentum to the working level: in order to reinforce their coordination, the two countries could establish a solid and regular follow-up mechanism for each commitment, detailing joint actions, shared objectives and milestones. 3. Promote mutual knowledge and trust: personnel exchange between the departments, as well as deep dive sessions on the two countries’ activities and strategies would allow increased understanding of each other. 4. Share best practices: a balanced and respectful French–German collaboration could be encouraged by the sharing of practices for which one country is more advanced or better positioned than the other (such as the French interministerial coordination or the German project evaluation and monitoring procedures). 5. Act jointly or divide the work: in the run-up to each joint Franco-German action, make a deliberate and conscious decision whether the two countries have an interest to act jointly or to divide the work. This decision would allow maximisation of the impact, either by specialising or by working together.
Topic:
Development, Treaties and Agreements, and Sustainable Development Goals
Political Geography:
Europe, France, and Germany

157. The French Revolution, Napoleon, and the Jews

Author:
Michael Nutkiewicz
Publication Date:
12-2020
Content Type:
Working Paper
Institution:
India International Centre (IIC)
Abstract:
This paper brings together ideas from several interests: the Western political tradition, Jewish history and human rights. The issues addressed are: • Why theFrenchRevolutionwas awatershed in theWestern political tradition. • The debate before and during the Revolution known as ‘The Jewish Question’, and Napoleon’s role in that debate. • The ambiguous resolution of the ‘Jewish Question’. • The legacy and implications for today regarding the relationship between the state and religion in the West.
Topic:
Human Rights, History, Jewish community, French Revolution, and Napoleon Bonaparte
Political Geography:
Europe and France

158. GovTech, The New Frontier in Digital Sovereignty

Author:
Clément Tonon
Publication Date:
11-2020
Content Type:
Special Report
Institution:
Institut français des relations internationales (IFRI)
Abstract:
The COVID-19 crisis has been a catalyst for a surge in the GovTech market, while triggering debate around the use of new technologies in the public health response to the pandemic. More broadly, the health crisis has shed a new light on the strategic importance of some domains relevant to GovTech such as HealthTech, smart cities and EdTech. The French State has developed a comprehensive policy of government digitization but still suffers from a lack of investment in the GovTech sector: so far, it has been unable to nurture a GovTech ecosystem comparable to the French defense technological and industrial base. At the European level, the rise of GovTech solutions could deepen existing divides between member states, as shown by the uncoordinated development of tracing apps by European countries during the crisis. In the long run, the lack of European industrial and political strategy focusing on GovTech could turn Europe into a battleground for Chinese and American actors, which benefit from governmental support at home and abroad. The rise of GovTech companies challenges deeply rooted ideas on the meaning of the public sector and the role of the State. It underlines how technology can affect the values and core principles of democratic societies. In that sense, the growing technological competition between the US, China and Europe means much more than economic rivalry: it is a real threat to European democracy and strategic autonomy.
Topic:
Government, Science and Technology, Sovereignty, COVID-19, Digital Policy, and Health Crisis
Political Geography:
China, United Kingdom, France, Estonia, Singapore, and United States of America

159. How the French Understand Immigrant Integration and Citizenship

Author:
Christophe Bertossi
Publication Date:
12-2020
Content Type:
Special Report
Institution:
Institut français des relations internationales (IFRI)
Abstract:
On December 9, 2020 will be celebrated the 115th anniversary of the 1905 law on French secularism (laïcité). On the very same day, a new law project will be presented by the French government, with the objective of further strengthening the “republican values” in order to fight against so-called “Islamist separatism” within French society. This dramatic emphasis on France’s political tradition of universalism and secularism is difficult to understand outside France. Such misunderstanding created a situation unseen before whereby a sitting French president replied to an online column published in the Financial Times (which was eventually withdrawn from the FT website), and phoned Ben Smith, a NYTimes journalist, and complained about the US media coverage of the 2020 terrorist attacks in France. It seems that the French model of immigrant integration and citizenship is difficult to understand outside France, even more so at a time when France is once again the target of jihadist terrorism and responds to this challenge with a dramatic emphasis on its national political tradition of universalism and secularism – what the French refer to in terms of laïcité. In order to address this misunderstanding, this research proposes to analyze 10 terms that have been central to French debates on immigration and citizenship, namely: integration, communalism (communautarisme), secularism (laïcité), discrimination, Islam, citizenship, migrant, migration crisis, the nation-state, and Europe. The lexicographic application Ngram Viewer is used for each of these terms in order to show evolutions over time. These evolutions are part of what needs to be understood. Behind these evolutions, the analysis emphasizes ambiguities and a plurality of meanings surrounding the vocabulary of the French political tradition, and the subsequent misunderstandings these ambiguities and multiple meanings generate not only between French and international observers but also within French society. A related claim is that evolutions that can be identified in French political and public debates about immigrant integration are not specific to France but are part of a broader transformation that concerns all Western countries in their relation to immigration, ethnicity and Islam.
Topic:
Islam, Immigration, Secularism, and Integration
Political Geography:
Europe and France

160. The Nagorno-Karabakh war: A new balance of power in the southern Caucasus

Author:
Al Jazeera Center for Studies
Publication Date:
11-2020
Content Type:
Policy Brief
Institution:
Al Jazeera Center for Studies
Abstract:
Despite the ambiguity around the final status of Nagorno-Karabakh, the war produced clear winners – Azerbaijan and Turkey – and losers – Armenia, France, the United States and Iran.
Topic:
Foreign Policy, War, Power Politics, Geopolitics, and Conflict
Political Geography:
Iran, Turkey, Caucasus, France, Armenia, Azerbaijan, United States of America, and Nagorno-Karabakh