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81. Bumps in the Road

Author:
Willy Lam
Publication Date:
10-2009
Content Type:
Journal Article
Journal:
The Journal of International Security Affairs
Institution:
Jewish Institute for National Security Affairs
Abstract:
HONG KONG-Still remember "Pax Chinamerica"? As recently as this spring, China was supposed to be the de facto quasi-superpower that was closing in on the United States-and the two behemoths seemed destined to become the arbiters of a new global geopolitical and economic order. The PRC's fast-expanding status was amply demonstrated by the photo op at the London G20 Summit in April. President and Commander-in-Chief Hu Jintao, the supremo who has done more than anybody to catapult his nation to superstardom, was seated right next to Queen Elizabeth II, while U.S. President Barack Obama was somewhere in the back row.
Topic:
United Nations
Political Geography:
United States, China, and London

82. From London to L'Aquila: Building a Bridge between the G20 and the G8

Author:
Paola Subacchi and Eric Helleiner
Publication Date:
06-2009
Content Type:
Policy Brief
Institution:
Centre for International Governance Innovation (CIGI)
Abstract:
From many perspectives, the London Summit of the G20 leaders at the beginning of April 2009 was a success – and a hard act to follow. The discussion was framed around crisis resolution and the strengthening of the international financial architecture. Beyond any concrete achievement, the success of the London Summit is that it morphed into an ongoing process with a rolling agenda, rather than remaining a one-off event. Undoubtedly the Italian Presidency of the G8 has a hard task, being caught between the success of London and the decreasing relevance of the G8. But there is also scope for building a meaningful bridge between London and the G8 meeting in L'Aquila in July 2009, and continuing and strengthening the economic governance reform process. There is an urgent need to continue to push for progress on a number of key items that were not adequately addressed at the London Summit and where progress can be made in L'Aquila – fostering clarity for the G20 agenda for the next meeting in Pittsburgh in September 2009. With regard, in particular, to the reform of the International Monetary Fund, the Italian Presidency should use its G8 chair to initiate a dialogue on reform of the European representation, taking advantage of having all the key players gathered together in L'Aquila.
Topic:
Economics, International Cooperation, International Trade and Finance, Treaties and Agreements, and International Monetary Fund
Political Geography:
Europe, London, and Italy

83. Perspectives on Better Global Economic Governance

Author:
Kemal Derviş
Publication Date:
03-2009
Content Type:
Policy Brief
Institution:
Global Political Trends Center (GPoT)
Abstract:
This Note focuses on the relationship between L-20 ( L for Leaders) or G-20 type meetings and more formal reforms , particularly of the IMF. It should NOT be read as a proposed agenda for the April meeting of the L-20+, but as an input into the agenda of global reform that constitutes the context of the London and other international meetings. I do believe that given the massive and immediate threat posed by the unfolding worldwide economic crisis, the April meeting should focus on (i) the global size and coordination of the fiscal stimulus and macroeconomic policies worldwide (ii) immediate coordination as needed in the dramatic actions required with regard to the banking system in many major economies and, (iii) financial support to the developing countries experiencing a massive decline in export revenues, capital flows and remittances. The London meeting will be the first and very important start of a series of meetings in 2009, including the Spring and Fall meetings of the IMF/World Bank, which constitute an opportunity to build a global economic governance system that can manage the recovery from the current crisis, build globally coordinated financial sector regulation and reflect the realities of the 21st century.
Political Geography:
London

84. Money for Nothing: Three ways the G20 could deliver up to $280 billion for poor countries

Publication Date:
09-2009
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
This weekend the finance ministers of the G20 nations will meet in London. Whilst the rich world feels that the worst of the economic crisis may be behind it, the poorest countries are being hit hardest, with those living on the margins of the global economy paying for the bankers' folly with their lives.
Topic:
Development, Education, Health, Poverty, and Financial Crisis
Political Geography:
United States and London

85. The Economic Outlook for London

Publication Date:
10-2009
Content Type:
Working Paper
Institution:
Oxford Economics
Abstract:
The present recession, which had its origins in the global financial crisis that began to unfold in mid-2007, has hit London's economy hard. And in the face of ongoing financial sector constraints, a debt overhang and rising unemployment, a strong bounce in the immediate future – of the kind seen in the wake of the early1990s recession – cannot be realistically expected. Nevertheless, Oxford Economics' forecasts show the recovery in the capital gaining traction by 2011, with growth into the medium term matching the robust performance of the decade prior to the recession. We expect growth over the period 2011-2019 to outstrip that of the rest of the UK and of most comparable cities across the western world.
Topic:
Economics and Financial Crisis
Political Geography:
United Kingdom, Europe, and London

86. Combating illicit financial flows from poor countries. Estimating the possible gains

Author:
Jakob Vestergaard and Martin Højland
Publication Date:
11-2009
Content Type:
Policy Brief
Institution:
Danish Institute for International Studies (DIIS)
Abstract:
If the UN Millennium Development Goals are to be reached by 2015, development aid needs to be tripled – which is most unlikely. Instead, countries should unite in a concerted multilateral effort to combat illicit financial flows: for every dollar poor countries receive in development assistance, more than eight dollars are illegally transferred back to rich countries, most of it in order avoid local taxation. Effectively combating these illicit financial flows would generate more financial resources for development than foreign aid is likely to ever do – and help build a sustainable tax base in developing countries for the benefit of future development efforts.
Topic:
Corruption, Crime, and Economics
Political Geography:
United States, United Kingdom, Europe, London, Belgium, Switzerland, Ireland, and Luxembourg

87. Al-Qa`ida's Five Aspects of Power

Author:
Erich Marquardt
Publication Date:
01-2009
Content Type:
Journal Article
Journal:
CTC Sentinel
Institution:
The Combating Terrorism Center at West Point
Abstract:
Seven and a half years after 9/11, the global community faces a resilient and dangerous al- Qa'ida. Despite immense efforts to understand al-Qa'ida, informed analysts disagree widely over its actual strength. Some consider the group a visceral and literal threat to Western civilization. Others proclaim the organization is irrelevant given the isolation of its senior leaders in Pakistan's Federally Administered Tribal Areas (FATA). Finally, some point to al-Qa'ida's failure to prosecute meaningful attacks in the United States since 9/11, and the absence of successful large attacks in the West since the London bombings in 2005, as evidence of the organization's decline.
Political Geography:
Africa, United States, Iran, and London

88. Stein: Itineraries in Conflict: Israelis, Palestinians, and the Political Lives of Tourism

Author:
Tom Selwyn
Publication Date:
09-2009
Content Type:
Journal Article
Journal:
Journal of Palestine Studies
Institution:
Institute for Palestine Studies
Abstract:
Itineraries in Conflict: Israelis, Palestinians, and the Political Lives of Tourism, by Rebecca L. Stein. Durham and London: Duke University Press, 2008. x + 152 pages. Notes to p. 178. Bibliography to p. 204. Index to p. 219. $79.95 cloth; $22.95 paper. Tom Selwyn is professorial research associate in the Department of Anthropology, School of Oriental and African Studies, University of London, where he teaches the anthropology of tourism.
Political Geography:
Africa, Israel, London, and Palestine

89. Regional Overview

Author:
Ralph A. Cossa and Brad Glosserman
Publication Date:
04-2009
Content Type:
Journal Article
Journal:
Comparative Connections
Institution:
Center for Strategic and International Studies (CSIS)
Abstract:
Secretary of State Hillary Clinton's choice of Japan, Indonesia, South Korea, and China for her first official trip overseas helped shine a spotlight on Asia as a high priority region this quarter, as did North Korean Dear Leader Kim Jong-il's announcement that he intended to conduct a satellite launch in early April. The drama surrounding the anticipated launch provided an unfortunate back drop for otherwise very positive pronouncements about intended Obama administration policies in East Asia, even if the quarter closed with only a handful of those eventually to be tasked with implementing these policies at their desks. ASEAN leaders finally held their postponed summit and celebrated the entry into force of their much-maligned Charter. Meanwhile, Australian Prime Minister Kevin Rudd visited Washington to underscore that the U.S. and Australia are still “mates,” even as his reluctance to send more combat forces to Afghanistan foreshadowed the difficulty President Obama faces in getting allies to sign up for his “surge” there. Finally, economic forecasts kept being adjusted downward as Asian leaders prepared for the G20 summit in London in hopes that this would bring a turnaround.
Topic:
Security, Government, and United Nations
Political Geography:
Afghanistan, United States, Japan, China, Indonesia, Asia, South Korea, London, and Australia

90. U.S.-Russia Relations

Author:
Joseph Ferguson
Publication Date:
04-2009
Content Type:
Journal Article
Journal:
Comparative Connections
Institution:
Center for Strategic and International Studies (CSIS)
Abstract:
The bilateral dialogue in the first quarter of the year was cordial, if somewhat distant. The administration of President Barack Obama sent clear and positive signals to the Kremlin. At times President Dmitry Medvedev and Prime Minister Vladimir Putin reciprocated with positive language; at times Moscow's negative rhetoric reappeared. Clearly the Russian leadership has been making a cautious assessment of the new U.S. leader. Optimism was again evident at the London meeting between Obama and Medvedev on the eve of the G20 summit on global economic issues. In London, the two leaders pledged cooperation on a variety of issues, centering on arms control. There has been nothing positive in the bilateral relationship to report since last April when then-President George W. Bush visited then-President Putin at Sochi. Since that time, the relationship has plunged to depths unseen since the Cold War. Although many observers wish to see progress (and have come to forecast it), there is clearly much work to be done to repair the rift that has developed over the past six years.
Topic:
International Relations, Cold War, and Government
Political Geography:
Russia, United States, London, and Moscow