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581. The Danger of Divergence: Transatlantic Cooperation on Financial Reform

Publication Date:
10-2010
Content Type:
Working Paper
Institution:
Atlantic Council
Abstract:
Two years after the collapse of Lehman Brothers sparked a meltdown of the global financial system, we are at a crucial point that calls for us to step back and examine our progress in the effort to redesign the rules governing global financial markets. The immediacy of the crisis has passed, allowing for clearer analysis of the manifold causes and an evaluation of how the reforms that have been put in place match up with those causes. At the same time, the urgency of the process has not yet entirely dissipated and it is not too late to fill in any holes or to resolve conflicts created by differing approaches around the world.
Topic:
Economics, International Cooperation, International Trade and Finance, and Markets
Political Geography:
United States and Europe

582. Longevity, Capital Formation and Economic Development

Author:
Qiong Zhang
Publication Date:
07-2010
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
Many researchers have concluded that longer life expectancies prompt increased investment in education, as a prolonged labor supply raises the rate of return on education. Besides explaining the empirical evidence behind this conclusion (at an absolute level), there is another issue to be discussed: does time spent in studying and working increase proportionally with higher longevity? Building on an extended life-cycle model with an assumption on a more realistic distribution of life cycle mortality rates, this article considers dynamic effects of prolonging longevity on economic development by directly introducing changes in longevity into the economy, which is more preferable than comparative static analysis that relies on changes in relevant parameters. It shows that prolonged life expectancy will cause individuals to increase their time in education but may not warrant rises in labor input. Later we show that higher improvement rate of longevity will also promote economic growth, even we exclude the mechanism of human capital formation, and only consider growth effects of higher improvement rate of life expectancy from physical capital investment.
Topic:
Development, Economics, Education, Health, and Labor Issues
Political Geography:
United States and United Kingdom

583. Organized Crime in Iraq: Strategic Surprise and Lessons for Future Contingencies

Author:
Phil Williams
Publication Date:
03-2010
Content Type:
Journal Article
Journal:
PRISM
Institution:
Institute for National Strategic Studies (INSS), National Defense University
Abstract:
After the invasion of Iraq in March 2003, the United States encountered a series of strategic surprises, including the hostility to the occupation, the fragility of Iraq's infrastructure, and the fractious nature of Iraqi politics. One of the least spectacular but most significant of these surprises was the rise of organized crime and its emergence as a postconflict spoiler. This development was simply not anticipated. Organized crime in Iraq in the months and years after March 2003 emerged as a major destabilizing influence, increasing the sense of lawlessness and public insecurity, undermining the efforts to regenerate the economy, and financing the violent opposition to the occupation forces. In 2003, the theft of copper from downed electric pylons made the restoration of power to the national grid much more difficult. In 2008, the capacity to generate funds through criminal activities enabled al Qaeda in Iraq (AQI) to continue resisting both the U.S. military and the Iraqi government. Moreover, with the planned U.S. withdrawal from Iraq, organized crime in the country will continue to flourish by maintaining well established crime-corruption networks. It might also expand by exploiting the continued weakness of the Iraqi state.
Topic:
Economics, Government, and Politics
Political Geography:
United States and Iraq

584. Forging a U.S. Policy Toward Fragile States

Author:
Pauline Baker
Publication Date:
03-2010
Content Type:
Journal Article
Journal:
PRISM
Institution:
Institute for National Strategic Studies (INSS), National Defense University
Abstract:
Of the many foreign policy challenges of the 21st century, one of the most complex and unpredictable is the problem of fragile and failing states, which often leads to civil war, mass atrocities, economic decline, and destabilization of other countries. The political era stemming from such challenges not only threatens civilians who are in harm's way, but also endangers international peace. Since the 1990s, such crises have become more prominent on the agendas of the major powers, intergovernmental institutions, humanitarian organizations, and vulnerable states themselves. Indeed, while the number of violent conflicts, particularly interstate wars, declined after the end of the Cold War, the duration and lethality of internal conflicts are rising. Casualty figures are considerably higher when “war deaths” beyond the battlefield and deaths resulting from infrastructure destruction are included. While Iraq and Afghanistan have dominated the public discourse on fragile states, the problem is not confined to these countries or their neighbors. Indeed, it is likely that global trends in civil conflicts will present more, not fewer, challenges to international peace and security, particularly in states where there is a history of instability, demographic pressures, rich mineral resources, questionable political legitimacy, a youth bulge, economic inequality, factionalized elites, and deep-seated group grievances.
Topic:
Security, Cold War, and Economics
Political Geography:
United States

585. Current Realities and Future Possibilities in 74/Myanmar

Author:
Dan Glickman (Co-Chair) and M.S. Swaminathan (Co-Chair)
Publication Date:
05-2010
Content Type:
Working Paper
Institution:
Asia Society
Abstract:
In September 2009, the United States announced a new course in its policy toward Burma following a seven-month review undertaken by the Barack Obama administration. Recognizing that decades of pursuing policies of isolation and sanctions had done little to influence change among Burma's military leaders, the United States introduced a policy of “pragmatic engagement.” Under this new policy, the United States will maintain its sanctions on Burma while simultaneously undertaking direct dialogue with senior leaders of the Burmese regime. Dialogue, according to the United States, will “supplement, rather than replace,” decades of U.S. sanctions policy. These talks have already begun, and the United States has indicated that any improvement in relations between the two countries is possible only when Burma's military regime enacts meaningful and concrete reforms in the country, particularly in the areas of democracy and human rights.
Topic:
Diplomacy, Economics, Bilateral Relations, and Sanctions
Political Geography:
United States, Burma, Southeast Asia, and Myanmar

586. U.S.-Russia Relations

Publication Date:
01-2010
Content Type:
Journal Article
Journal:
Comparative Connections
Institution:
Center for Strategic and International Studies
Abstract:
No abstract is available.
Topic:
Security and Economics
Political Geography:
Russia and United States

587. Chronology of US - Southeast Asian Relations

Publication Date:
01-2010
Content Type:
Journal Article
Journal:
Comparative Connections
Institution:
Center for Strategic and International Studies
Abstract:
No abstract is available.
Topic:
Economics
Political Geography:
United States and Southeast Asia

588. Regional Trade Blocs: The Way to the Future?

Author:
Alejandro Foxley
Publication Date:
09-2010
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
While middle-income countries have pursued regional trade agreements since the 1960s, these ties are becoming more important as the global economic crisis curtails demand from the United States and other major markets. With the Doha Round of multilateral trade talks stalled, regional trade agreements (RTAs) offer an alternative approach to increase trade, spur stronger economic growth, and lower unemployment rates in participating countries.
Topic:
Economics and International Trade and Finance
Political Geography:
United States, Asia, and Latin America

589. The Arctic: A View From Moscow

Author:
Dmitri V. Trenin and Pavel K. Baev
Publication Date:
09-2010
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
The Arctic is emerging as the world's next hot spot for oil and gas development. The U.S. Geological Survey has estimated that the Arctic seabed could contain 20 percent of the world's oil and gas resources and Russia's Ministry of Natural Resources says the Arctic territory claimed by Russia could be home to twice the volume of Saudi Arabia's oil reserves. While accessing those reserves once seemed impossible, the melting ice cap now makes it more feasible and opens new shipping lanes for international trade. Countries around the world—particularly Russia—have noticed.
Topic:
Foreign Policy, Economics, Bilateral Relations, and Natural Resources
Political Geography:
Russia, United States, Moscow, and Saudi Arabia

590. Toward Realistic U.S.–India Relations

Author:
George Perkovich
Publication Date:
10-2010
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
As he prepares to visit India in November, President Obama faces criticism that his administration has done too little to enhance U.S.–Indian relations. Pundits of this persuasion in Washington and New Delhi complain that Obama\'s team has tried too hard to cooperate with China in addressing regional and global challenges and has not done enough to bolster India.
Topic:
Foreign Policy, Economics, and Bilateral Relations
Political Geography:
United States, China, Washington, India, Asia, and New Delhi