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121. Afghanistan and Regional Geopolitical Dynamics after 11 September

Publication Date:
04-2002
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
In April 2002, the National Intelligence Council sponsored a conference that examined the impact of events in Afghanistan since 11 September on a variety of regional actors, including Russia, Iran, Turkey, India, Europe, Pakistan, and the Central Asian states of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. The conference brought together government and outside experts and consisted of four workshops with presentations from ten academic and regional experts, followed by lengthy discussion sessions. The purpose of the conference was not to arrive at a consensus but to deepen understanding of the complex geopolitical dynamics at work in the region.
Topic:
International Relations, Regional Cooperation, and Terrorism
Political Geography:
Pakistan, Russia, Europe, Iran, Turkey, Middle East, India, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, and Turkmenistan

122. Income Distribution and Convergence: the European Experience, 1870-1992

Author:
Philip Epstein
Publication Date:
01-1999
Content Type:
Working Paper
Abstract:
Economic convergence has emerged as one of the key debates in the theoretical and historical literature over the last decade. Galor identified three forms of long run per capita income convergence: absolute convergence, whereby convergence occurs independently of the initial conditions facing each economy; conditional convergence, whereby convergence occurs among economies which have identical structural characteristics, independently of their initial conditions; and club convergence, whereby convergence occurs only if the structural characteristics are identical and initial conditions are also similar. Of these, the absolute convergence hypothesis has been discredited whereas there is empirical support for both the conditional convergence and club convergence hypotheses. The club convergence hypothesis, in particular, has much to offer to economic historians. It stresses the importance of both the initial conditions facing each economy and the structural and institutional features of the economy (e.g. preferences, technologies, rates of population growth, government policies, etc.).
Topic:
Economics, Industrial Policy, and Regional Cooperation
Political Geography:
Middle East