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7111. Step Up U.S. Involvement In Turkish Economic Crisis

Author:
Alan Makovsky
Publication Date:
03-2001
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
Turkey's economic near-meltdown last week — its second financial crisis in three months — was precipitated by political problems, not by narrowly economic issues. Until the political problems are addressed, the prospects for any new economic package will be questionable. With Turkish leaders and the International Monetary Fund (IMF) both seemingly floundering, Turkey likely would welcome suggestions on how to proceed, and the United States would do well to send a special high-level representative to Ankara for several days, as a source of informal advice and as a powerful symbol of U.S. support.
Topic:
Economics, Political Economy, Politics, and International Monetary Fund
Political Geography:
United States, Turkey, and Middle East

7112. Arab Gulf Politics And Powell's Visit

Author:
Simon Henderson
Publication Date:
02-2001
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
As Secretary of State Colin Powell and former President George Bush celebrate the tenth anniversary of the liberation of Kuwait, for many Gulf Arabs the occasion marks a decade since Saddam Husayn's tanks put the lie to the promises of security that local leaders had made to their people. After popular trust in these Gulf leaders was tarnished by their need to rely on U.S. and allied forces to expel the Iraqis (despite the billions of dollars of oil wealth these rulers had spent on high-tech weaponry over the years), Gulf monarchs started to concede to their peoples a greater say in political life.
Topic:
Security, Foreign Policy, Government, Human Rights, and Politics
Political Geography:
United States, Iraq, Middle East, and Kuwait

7113. Powell To The Middle East: Assessing The Key Elements Of Iraq Policy

Author:
Patrick Clawson
Publication Date:
02-2001
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
On February 26, U.S. secretary of state Colin Powell begins his tour of Iraq's Arab neighbors just as UN secretary-general Kofi Annan is scheduled to hold discussions with Iraqi foreign minister Mohammad Said al-Sahhaf in New York. Key themes in these meetings will be the return of UN weapons inspectors to Iraq; the future of UN sanctions; the need to prevent Iraqi adventurism, especially into the Arab–Israeli arena; and the larger U.S. goal of "regime change" in Iraq.
Topic:
International Relations, Foreign Policy, and United Nations
Political Geography:
United States, Iraq, New York, Middle East, Israel, and Arabia

7114. Iraq's Weapons Of Mass Destruction: An Emerging Challenge For The Bush Administration

Author:
Michael Eisenstadt
Publication Date:
01-2001
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
Iraq and its weapons of mass destruction (WMD) are emerging as one of the first major foreign policy challenges of the Bush administration. Free of weapons monitors and with sanctions eroding, Iraq has resumed its aggressive policies. After the start of the al-Aqsa Intifada last September, it briefly moved elements of four to five divisions toward its border with Syria in a show of solidarity, and on several occasions since then, Saddam Husayn has threatened to destroy Israel. Then, earlier this month, his older son Uday reasserted Iraq's claim to Kuwait. With its conventional military capabilities hobbled by two bloody wars and more than a decade of sanctions, Iraq's retained WMD capabilities assume renewed salience.
Topic:
Foreign Policy, Arms Control and Proliferation, and Nuclear Weapons
Political Geography:
United States, Iraq, Middle East, Kuwait, and Syria

7115. Syria's Foreign Policy Challenges U.S. Interests

Author:
Alan Makovsky
Publication Date:
01-2001
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
This is the second of two PolicyWatch articles about Syria, marking the six months since Bashar al-Asad became president on July 17. This article examines the implications of Syria's foreign policy; the previous article (PolicyWatch #512, January 17) looked at the domestic political scene and economic reforms in Syria. For a region used to the late Hafiz al-Asad's stodgy predictability, his son Bashar's six-month-old presidency has displayed a surprisingly active foreign policy, including a willingness to break with the past. However, on issues of greatest importance to the United States — peace with Israel, control over Lebanon, and support for Palestinian terrorist groups — Bashar's regime is mainly a carbon copy of his father's.
Topic:
International Relations, Foreign Policy, and Terrorism
Political Geography:
United States, Middle East, and Syria

7116. The Gulf Cooperation Council Defense Pact: An Exercise In Ambiguity

Author:
Simon Henderson
Publication Date:
01-2001
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
January 17 marks the tenth anniversary of the start of Operation Desert Storm in the Middle East, when U.S.-led forces began the liberation of Kuwait. In that operation, the militaries of the Gulf monarchies played a minor role. At their meeting in Bahrain at the end of December, the leaders of these monarchies agreed to a joint defense agreement by which an attack on one would be considered an attack on all. While this agreement could enhance the defense capabilities of these states, they will still be unable to fend off attack by either of their large neighbors, Iraq or Iran. The monarchies will continue to rely on the United States as their ultimate security guarantor.
Topic:
Security, Defense Policy, and International Cooperation
Political Geography:
United States, Iraq, Iran, Middle East, and Kuwait

7117. What Has Impeded Progress In U.S.-Iran Relations?

Author:
Ray Takeyh
Publication Date:
01-2001
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
After much experimentation, the Clinton administration settled on a policy of incremental normalization with Iran, whereby the United States and Iran would gradually improve their relations through mutual concessions and confidence-building measures. As the Bush team assesses policy options towards Iran, it is important to note the meager results of the Clinton team's creative efforts.
Topic:
International Relations and Politics
Political Geography:
United States, Iran, and Middle East

7118. The International Trade of Multinational Firms: The Empirical Behaviour of Intrafirm Trade in a Gravity Equation Model

Author:
Kimberly A. Clausing
Publication Date:
06-2000
Content Type:
Working Paper
Institution:
Centre for European Policy Studies
Abstract:
Multinational firms are an increasingly important part of international economic integration. In recent years, foreign direct investment has been increasing at a rate that exceeds both the rate of growth of international trade and that of income. For many countries, the sales of affiliates of multinational firms have long dwarfed the value of trade. For example, in 1997, European Union country firms exported $283 billion in products to the United States. In the same year, affiliates of E.U.-based multinational firms sold $816 billion worth of products in the United States, almost three times the value of exports.
Topic:
Economics, Government, Human Rights, International Trade and Finance, Migration, and Political Economy
Political Geography:
United States and Europe

7119. Consumer Credit in the European Union

Author:
Nuria Diez Guardia
Publication Date:
02-2000
Content Type:
Working Paper
Institution:
Centre for European Policy Studies
Abstract:
This report analyses the European consumer credit markets and their regulation at European level. Its findings are as follows: European consumer credit markets are characterised by deep national differences and strong market segmentation. The report finds no generalised model of consumer credit from the analysis of statistical data. An Anglo-Saxon consumer credit model cannot be identified. The weight of consumer credit is far higher in the US economy than in the EU countries, including the UK. In the US, the share of consumer loans made by banks is much lower, securitisation of consumer credit assets is very developed and the share of revolving credit is much greater than in the EU countries. Nor is it possible, on account of the large differences in the use of consumer credit observed across EU countries, to identify a European model of consumer credit. Consumer credit is very widely used in Sweden, whereas it is underdeveloped in Greece and Italy. The use of consumer credit reaches comparatively high levels in Germany and the UK and an intermediate level in France and Spain. Lending to consumers is carried out through bank intermediation, crossborder provision is non-existent.
Topic:
Economics and Political Economy
Political Geography:
United States, United Kingdom, Europe, Greece, France, Germany, Spain, and Italy

7120. The Problems of Preparedness: Challenges Facing the U.S. Domestic Preparedness Program

Author:
Richard A. Falkenrath
Publication Date:
12-2000
Content Type:
Working Paper
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
The U.S. government is now actively engaged in preparing the nation for highly destructive acts of terrorism, especially those involving chemical and biological weapons. This effort involves multiple federal agencies and a wide variety of programs. Collectively known as the “U.S. domestic preparedness program,” these programs are a very recent innovation in American governance. The budget of federal weapons of mass destruction (WMD) preparedness programs has grown from effectively zero in 1995 to approximately $1.5 billion in fiscal year 2000. 1 This made the U.S. domestic preparedness program one of the fastest growing federal programs of the late 1990s.
Topic:
Environment and Terrorism
Political Geography:
United States