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131. Emerging Technologies and Nuclear Deterrence Relationship

Author:
Hirofumi Tosaki
Publication Date:
04-2021
Content Type:
Research Paper
Institution:
Japan Institute Of International Affairs (JIIA)
Abstract:
The implications of emerging technologies have been an important issue in the debate on nuclear posture and deterrence relationship. Although the concrete objectives, concepts, plans and states of development of the nuclear-armed states regarding the introduction of emerging technologies into their nuclear weapons systems are not necessarily clear, a particular focus of discussion has been the potential impacts of introducing artificial intelligence (AI), quantum technology and other emerging technologies into intelligence, surveillance and reconnaissance (ISR) and nuclear command, control and communications (NC3). With regard to ISR for early warning, threat detection, situational awareness and attack/damage assessment, the development of remote sensing technology through quantum sensing, for instance, could improve the ability to detect an adversary's offensive capabilities, and increase the possibility of addressing them before they are used. The use of cloud computing, ultrahigh-speed high-capacity data communications and AI is expected to enable the efficient collection and prompt analysis of vast amounts of information.
Topic:
Science and Technology, Nuclear Power, Deterrence, Artificial Intelligence, and Destabilization
Political Geography:
Global Focus

132. The Disinformation Threat and International Cooperation

Author:
Kyoko Kuwahara
Publication Date:
06-2021
Content Type:
Research Paper
Institution:
Japan Institute Of International Affairs (JIIA)
Abstract:
An open democratic society is one that allows its members to access information from both inside and outside the country presenting a diversity of viewpoints, to freely express their own thoughts, and to involve themselves in free and fair national governance. The role of the media has traditionally been emphasized with regard to accessing information. Traditional media play an important role in shaping public opinion and in providing information that enables members of the public to participate actively and effectively in a democratic society (see Figure 1). Freedom of the press1 as guaranteed by Article 21 of the Constitution of Japan is also one of the core values of democracy.
Topic:
International Cooperation, Science and Technology, Media, and Disinformation
Political Geography:
Europe, Global Focus, and United States of America

133. Chartering the Fintech Future

Author:
Charles W. Calomiris
Publication Date:
06-2021
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
What we use as our medium of exchange is subject to dramatic change over time, and sometimes bank regulation has accelerated such changes. The national banking system, founded in 1863, envisioned the creation of a uniform medium of exchange in the form of national bank notes, which replaced the preexisting system of state bank note issuance. But the creation of the national banking system soon resulted in the diminished importance of bank notes as a medium of exchange. Under the new system, state banks faced a prohibitive tax of 10 percent per year on any notes they issued, and national banks had to maintain collateral at the Treasury for their outstanding national bank notes equal to 111 percent of their outstanding notes, and also had to maintain an additional 5 percent in required government‐​currency (“greenback”) cash reserves on hand. That meant that if a bank wanted to make loans, it had to find an alternative to bank notes as a funding source for those loans. Deposits had been growing in importance leading up to the National Banking Act of 1863, but the act accelerated the growth of deposits markedly, and they became the primary funding vehicle for loans. As Comptroller Eckels remarked in 1896: “And thus it has come about that deposit taking is now the feature, and the issuing of circulating notes but the incident, in national banking, instead of, as in the early history of the system, the note‐​issuing function being the feature and deposit banking but the incident” (Eckels 1896: 565; emphasis added).
Topic:
Science and Technology, Finance, Banks, and Loans
Political Geography:
Global Focus

134. Cryptocurrencies and All That: Two Ideas from Monetary Economics

Author:
Jesús Fernández‐​Villaverde
Publication Date:
06-2021
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
The monetary arrangements of societies are the result of the interplay of technology and ideas. Technology determines, for example, which coins can be minted and at what cost. For centuries, minting small‐​denomination coinage was too costly to induce Western European governments to supply enough small change (Sargent and Velde 2002). Only the arrival of steam‐​driven presses fixed this problem (Doty 1998). Simultaneously, ideas about private property and the scope of government determined whether private entrepreneurs were allowed to compete with governments in the supply of small change (Selgin 2008). Technology and ideas about money engage dialectically. Technological advances shape our ideas about money by making new monetary arrangements feasible. Ideas about desirable outcomes direct innovators to develop new technologies.
Topic:
Economics, Science and Technology, Monetary Policy, and Cryptocurrencies
Political Geography:
Europe and Global Focus

135. The Case for Central Bank Digital Currencies

Author:
Eswar S. Prasad
Publication Date:
06-2021
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
New financial technologies — including those underpinning cryptocurrencies such as bitcoin — herald broader access to the financial system, quicker and more easily verifiable settlement of transactions and payments, and lower transaction costs. Domestic and cross‐​border payment systems are on the threshold of major transformation, with significant gains in speed and lowering of transaction costs on the horizon. The efficiency gains in normal times from having decentralized payment and settlement systems needs to be balanced against their potential technological vulnerabilities and the repercussions of loss of confidence during periods of financial stress.
Topic:
Science and Technology, Finance, Central Bank, and Digital Currency
Political Geography:
Global Focus

136. Technology Development of Digital Currency

Author:
Neha Narula
Publication Date:
06-2021
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
We often spend a lot of time talking about the regulatory aspects of what a digital currency might look like, or the economic aspects. But if we take a look at the largest companies, the most influential on our ways of life, they’re tech companies. Technology is incredibly important and influences what we can do with policy and what kinds of functionality we can even enable. So, what I hope to tell you today is a little bit about how I’m seeing the technology development of digital currency.
Topic:
Development, Science and Technology, Monetary Policy, and Digital Currency
Political Geography:
Global Focus

137. Risks of technology use in humanitarian settings: Avoiding harm, delivering impact

Author:
Adam Moe Fejerskov, Maria-Louise Clausen, and Sarah Seddig
Publication Date:
08-2021
Content Type:
Policy Brief
Institution:
Danish Institute for International Studies (DIIS)
Abstract:
The use of emerging technology in humanitarian settings carries significant risks. The complexity of these risks entails a need to understand and imagine risks beyond those commonly associated with a particular technology, field, or implementing organization. Recommendations: Apply an extensive interpretation of what risks may look like, where, when, for whom, and how they might occur. The indiscernible nature of risks related to technology use means identifying or imagining these moves beyond existing organizational experiences. Recognize that technology-related risks can emerge across the data chain and are not only relevant for engineering or operational staff.
Topic:
Security, Democratization, Development, Migration, Poverty, Science and Technology, Capitalism, Inequality, Conflict, Borders, Violence, and Peace
Political Geography:
Global Focus

138. Digital government services. Building for peak demand.

Author:
Tom Uren
Publication Date:
07-2021
Content Type:
Special Report
Institution:
Australian Strategic Policy Institute (ASPI)
Abstract:
Early in the Covid-19 pandemic, the myGov website was overwhelmed by a demand surge from citizens seeking to rapidly access digital services. In 2016, the online Census (eCensus) suffered a series of relatively small distributed denial-of-service (DDoS) attacks. While they didn’t overwhelm the platform, the attacks ultimately resulted in the eCensus being taken offline. What do these two examples have in common, and what lessons should we learn to ensure more robust digital government services? To answer those questions, this paper will examine five points: The nature of the DDoS attacks The CIA (confidentiality, integrity and availability) triad model for digital security How to predict demand How to respond to unpredictable demand The structure of reliable data systems
Topic:
Government, National Security, Science and Technology, Cybersecurity, and Digital Policy
Political Geography:
Global Focus

139. Technical Difficulties of Contact Tracing

Author:
Amy Robinson and James Waldo
Publication Date:
02-2021
Content Type:
Policy Brief
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
In mid-October, thousands of English and Welsh citizens received phantom alerts that they had potentially been exposed to COVID-19. A quick Twitter tour reveals the spiraling fear, frustration, and confusion that ensued. Even though National Health Service (NHS) later updated the app, built using an Exposure Notification System (ENS) developed by Apple and Google, the incident still amplified mass hysteria and confusion.
Topic:
Science and Technology, Public Health, COVID-19, and Contact Tracing
Political Geography:
Global Focus

140. The Geopolitics of Renewable Hydrogen

Author:
Nicola De Blasio and Fridolin Pflugmann
Publication Date:
05-2021
Content Type:
Policy Brief
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
The transition to a low-carbon energy system will likely shake up the geopolitical status quo that has governed global energy systems for over a century. Policymakers need to rethink the role their country could play in a new energy world. Renewables are widely perceived as an opportunity to shatter the hegemony of fossil fuel-rich states and democratize the energy landscape. Virtually all countries have access to some renewable energy resources (especially solar and wind power) and could thus substitute foreign supply with local resources. Our research shows, however, that the role countries are likely to assume in decarbonized energy systems will be based not only on their resource endowment but also on their policy choices. Renewable hydrogen is enjoying growing political and commercial momentum as a versatile and sustainable energy carrier with the potential to play a key role in the global transition to a low-carbon economy; and it is often described as the ‘missing link’ in global decarbonization—especially for energy intensive sectors where emissions are hard to abate and electrification is not the preferred solution, such as steel production, high-temperature industrial heat, shipping, aviation, and heat for buildings. But making renewable hydrogen a significant part of the world’s future energy mix will require defining new and innovative national and international policies while developing appropriate market structures aimed at spurring innovation along value chains; scaling technologies while significantly reducing costs; and deploying enabling infrastructure at scale. Success is possible, but this transformational effort will require close coordination between policy, technology, capital, and society to avoid falling into the traps and inefficiencies of the past. Renewable hydrogen can be used for both mobility and stationary applications. As a sustainable mobility energy carrier, it can power fuel-cell electric vehicles or be the base for synthetic fuels. In stationary applications, it can be used to store renewable energy, both at utility scale or off-grid, providing backup to intermittent renewable energy sources and serving as a carbon-free heating source. From a geopolitical perspective, whether future renewable hydrogen energy systems will be as concentrated as today’s oil and gas supply or decentralized like renewables is strongly related to future market structures, technology, and enabling infrastructure availability.
Topic:
Security, Energy Policy, Science and Technology, Geopolitics, Renewable Energy, and Hydrogen
Political Geography:
Global Focus