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1851. Raising our Sights: Russian-American Strategic Restraint in an Age of Vulnerability

Author:
David C. Gompert and Michael Kofman
Publication Date:
01-2012
Content Type:
Working Paper
Abstract:
The United States and Russia have sought to reduce the danger of nuclear war by limiting offensive strategic capabilities through negotiated agreements, relying on mutual deterrence based on reciprocal threats and the corresponding fear of retaliation. Although nuclear arsenals have been pared, this is fundamentally the same way the United States and Soviet Union sought to reduce the danger of nuclear war during the Cold War, when both were impelled to do so because they were adversaries and able to do so despite being adversaries. It is ironic—not to say unimaginative—that although the two are no longer adversaries, they stick to a path chosen when they were. This current approach is inadequate given new strategic vulnerabilities brought on by technological change. Both the opportunity and the need now exist for a different, more ambitious approach to avoiding strategic conflict—one designed for new possibilities as well as new vulnerabilities. The United States and Russia can and should raise their sights from linear numerical progress to qualitative transformation of their strategic relationship.
Topic:
Security, Arms Control and Proliferation, Nuclear Weapons, Science and Technology, and Treaties and Agreements
Political Geography:
Russia and United States

1852. The Fed moves to provide more transparency

Publication Date:
01-2012
Content Type:
Policy Brief
Institution:
Oxford Economics
Abstract:
The Federal Reserve has taken additional actions to make its monetary policy more transparent to markets. The latest moves include the release of FOMC members' expectatins for the federal funds rate at the end of each of the next few years and in the longer term. Another is an statement of strategy for meeting its dual mandates of price stability and full employment. Although the statement included an explicit target for inflation but not for unemployment, the equal weights given to each goal afford the Fed more discretion in setting monetary policy.
Topic:
Economics, Government, Global Recession, Monetary Policy, and Financial Crisis
Political Geography:
United States

1853. The Transatlantic Bargain

Author:
Mark D. Ducasse (ed)
Publication Date:
01-2012
Content Type:
Book
Abstract:
NATO is often described as the most successful military alliance in history. In addition to longevity, those characterizing NATO this way are usually thinking of the Alliance's role in protecting freedom and guaranteeing peace in Europe against a hostile Soviet Union, right until the Iron Curtain fell. NATO's role in ending ethnic cleansing in the Balkans, and in helping to re-integrate Central and Eastern Europe into the mainstream of Europe, only added to this positive image of the Alliance.
Topic:
Foreign Policy, Defense Policy, NATO, Diplomacy, International Cooperation, and Bilateral Relations
Political Geography:
United States, Europe, Soviet Union, and Balkans

1854. The Trans-Pacific Partnership Agreement (TPP) Negotiations: Overview and Prospects

Author:
Deborah Elms and C. L. Lim
Publication Date:
02-2012
Content Type:
Working Paper
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
The Trans-Pacific Partnership (TPP) is a trade agreement currently under negotiation between nine countries in three continents, including Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, United States and Vietnam. In late 2011 three additional countries--Japan, Canada and Mexico--announced their intention to join as well. The TPP has always been called a "high quality, 21st century" agreement that covers a range of topics not always found in free trade agreements. This includes not just trade in goods, services and investment, but also intellectual property rights, government procurement, labor, environment, regulations, and small and medium enterprises. This paper traces the complex negotiations and evolution of the talks since the early 2000s to the present.
Topic:
Economics, Environment, International Trade and Finance, Treaties and Agreements, Labor Issues, and Intellectual Property/Copyright
Political Geography:
United States, Japan, Malaysia, Canada, Israel, Vietnam, Latin America, Australia, Australia/Pacific, Mexico, Singapore, Chile, Peru, New Zealand, and Brunei

1855. An Explosion of News: The State of Media in Afghanistan

Author:
Peter Cary
Publication Date:
02-2012
Content Type:
Working Paper
Institution:
National Endowment for Democracy
Abstract:
After the ouster of the Taliban from power by U.S.-led coalition troops in November 2001, the media scene in Afghanistan exploded. Under the Taliban, only one government radio station was allowed to operate, and there were no independent media. Ten years later, the Afghan media scene is a lively place, with more than 175 FM radio stations, 75 TV channels, four news agencies, and hundreds of publications including at least seven daily newspapers. Internet cafes can be found in major cities, and 61 percent of Afghans have mobile phones, which some use to listen to radio.
Topic:
Civil Society, Democratization, Development, and Mass Media
Political Geography:
Afghanistan, United States, Central Asia, and Taliban

1856. Fixing Mortgage Finance: What to Do with the Federal Housing Administration?

Author:
Mark A. Calabria
Publication Date:
02-2012
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
While Fannie Mae, Freddie Mac, and private subprime lenders have deservedly garnered the bulk of attention and blame for the mortgage crisis, other federal programs also distort our mortgage market and put taxpayers at risk of having to finance massive financial bailouts. The most prominent of these risky agencies is the Federal Housing Administration (FHA).
Topic:
Debt, Economics, Government, and Financial Crisis
Political Geography:
United States

1857. Still a Better Deal: Private Investment vs. Social Security

Author:
Michael Tanner
Publication Date:
02-2012
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
Opponents of allowing younger workers to privately invest a portion of their Social Security taxes through personal accounts have long pointed to the supposed riskiness of private investment. The volatility of private capital markets over the past several years, and especially recent declines in the stock market, have seemed to bolster their argument.
Topic:
Economics, International Trade and Finance, Markets, and Financial Crisis
Political Geography:
United States

1858. Renewing Federalism by Reforming Article V: Defects in the Constitutional Amendment Process and a Reform Proposal

Author:
Michael B. Rappaport
Publication Date:
01-2012
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
The constitutional amendment procedure of Article V is defective because the national convention amendment method does not work. Because no amendment can be enacted without Congress's approval, limitations on the federal government that Congress opposes are virtually impossible to pass. This defect may have prevented the enactment of several constitutional amendments that would have constrained Congress, such as amendments establishing a balanced budget limitation, a line-item veto, or congressional term limits. The increasingly nationalist character of our constitutional charter may not be the result of modern values or circumstances, but an artifact of a distorted amendment procedure. Article V should be reformed to allow two-thirds of the state legislatures to propose a constitutional amendment which would then be ratified or rejected by the states, acting through state conventions or state ballot measures. Such a return of power to the states would militate against our overly centralized government by helping to restore the federalist character of our Constitution. Moreover, a strategy exists that would allow this reform to be enacted.
Topic:
Civil Society, Government, Law Enforcement, and Law
Political Geography:
United States

1859. Rethinking Latin America

Author:
Christopher Sabatini
Publication Date:
03-2012
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
Running down the list of the U.S. State Department's Latin America policy objectives in El País in September 2010, the economist Moisés Naím noted that they focused almost exclusively on domestic concerns: building democratic institutions, promoting local social and economic opportunity, and so forth. These issues were not only given a higher priority in policy toward Latin America than they were for other regions, but they were also issues largely beyond Washington's ability to control. Naím was correct, but the point can be taken further. The focus on politics within Latin American states rather than on relations between them is characteristic not simply of the State Department but also of the Latin American regional studies community in the United States more generally, from where the U.S. policy and advocacy community absorbs much of its personnel and intellectual orientation. Such attitudes have harmed U.S. policy by focusing excessive attention on small countries with little geostrategic influence and fostering the facile notion that political and economic liberalization are the necessary and sufficient criteria for the advancement of all major U.S. interests. This approach has distorted Washington's calculations of regional politics and hampered its ability to counter outside influences and deal sensibly with rising regional powers. U.S. scholars and policymakers need a reminder that development does not mean the end of politics and that twenty-first-century Latin America has its own, autonomous power dynamics. A little realism would go a long way. THAT '80S SHOW When it comes to Latin America, for decades U.S. universities and regional studies centers have focused almost exclusively on matters of comparative politics and political and economic development. In the 1970s and 1980s, the last time scholars paid much attention to the region's international relations, their chief concern was the workings and implications of U.S. hegemony. The issue facing both scholars and policymakers today, however, is what happens as U.S. power declines and new forces in the region emerge, and unfortunately, when it comes to these questions, there is little intellectual capital on which to draw.
Topic:
Economics
Political Geography:
United States and Latin America

1860. Chinese Computer Games

Author:
Adam Segal
Publication Date:
03-2012
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
In March 2011, the U.S. computer security company RSA announced that hackers had gained access to security tokens it produces that let millions of government and private-sector employees, including those of defense contractors such as Lockheed Martin, connect remotely to their office computers. Just five months later, the antivirus software company McAfee issued a report claiming that a group of hackers had broken into the networks of 71 governments, companies, and international organizations. These attacks and the many others like them have robbed companies and governments of priceless intellectual property and crucial military secrets. And although officials have until recently been reluctant to name the culprit, most experts agree that the majority of the attacks originated in China. In response, analysts and policymakers have suggested that Washington and Beijing work toward some form of détente, a broad-based agreement about how countries should behave in cyberspace that might eventually turn into a more formal code of conduct. Proponents argue that the two sides' long-term interests are aligned, that one day China will be as dependent on digital infrastructure for economic and military power as the United States is today. As Major General Jonathan Shaw, the head of the British military's Defence Cyber Operations Group, has said, China's “dependence on cyber is increasing, the amount of cybercrime taking place inside that society is huge, and the impact on their economic growth and their internal stability is also going to be huge. . . . There's more common ground than people might suggest.”
Political Geography:
United States, China, Washington, and Beijing