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481. Renewable Energy in Trade Wars: Solar Power in South Korea’s Energy Mix and the Impact of Protectionism

Author:
June Park
Publication Date:
01-2019
Content Type:
Working Paper
Institution:
Korea Economic Institute of America (KEI)
Abstract:
This paper examines the impacts of global competition in solar panel production and the conflict of domestic interests among solar-related industries in the U.S. on South Korea’s solar-focused renewable energy policy. Examining the Moon Jaein administration’s energy policy amid the impact of the U.S. safeguard on South Korean solar panels, the paper argues a) the U.S. safeguard is a hindrance to South Korea’s path forward on solar panel production, and b) Moon’s sole focus on sustainability and his ambitious solar energy target will result in further adoption of lower-cost Chinese solar panels, foregoing the opportunity to upgrade South Korean panels. As South Korean firms announce their decisions to relocate to the U.S. to avoid U.S. safeguard tariffs, the paper recommends the destinations of South Korean solar panel exports be diversified and the goals of South Korean energy policy be centered on balancing cost, stability, and sustainability. The paper does not necessarily recommend a full-fledged drive on expanding solar energy use in South Korea; rather, it calls for the strategic reevaluation of energy policy upon which a clear and sound strategy for solar energy should be formulated.
Topic:
Energy Policy, Bilateral Relations, Trade Wars, Renewable Energy, and Solar Power
Political Geography:
Asia, South Korea, North Korea, Korea, and United States of America

482. EU Trade Policy amid the China-US Clash: Caught in the Cross-Fire?

Author:
Felipe González and Nicolas Véron
Publication Date:
08-2019
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics
Abstract:
China's rapid rise and unique economic system and the increasingly aggressive and disruptive US trade policy are posing an unprecedented threat to the global rules-based trading and economic system. The European Union has critical interests at stake in the current escalation, even as it has so far been comparatively spared from US trade policy belligerence and China's reactions. In this context, the European Union should adopt an independent and proactive stance, building on recent efforts and going beyond them. The European Union, even more than the United States or China, has a strategic interest in the preservation of the global rules-based order embodied by the World Trade Organization (WTO). It must play a leading role in steering WTO reform and modernization, working closely with broadly aligned third countries such as Japan and other players. It should expand its outreach beyond its immediate negotiating counterparts in both the United States and China, and leading European officials at both the EU and member state levels should work at better understanding China. While strengthening its domestic policy instruments to address new challenges, such as the screening of foreign direct investment for security purposes, the European Union must also resist its own temptations of protectionism and economic nationalism. In support of these objectives, the European Union should prepare itself for difficult decisions, which may involve revising some of its current red lines in international trade negotiations. Conversely, the European Union should stand firm on principles such as refusing one-sided agreements and rejecting abusive recourse to national security arguments in trade policies. The European Parliament, in working with the European Council and the European Commission, will have a critical role to play in steering the European Union through these challenging times.
Topic:
International Relations, Economics, Trade Wars, and Trade Policy
Political Geography:
China, Europe, Asia, North America, United States of America, and European Union

483. China, Like the US, Faces Challenges in Achieving Inclusive Growth Through Manufacturing

Author:
Robert Z. Lawrence
Publication Date:
08-2019
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
For more than three decades the goal of becoming “the factory of the world” has been at the core of China’s development strategy. This strategy, in combination with high rates of domestic investment and low rates of consumption, made Chinese production the most manufacturing intensive in the world. But as its wages have risen, China’s competitiveness in the most labor-intensive manufacturing industries has eroded. Its ability to assemble products remains a major source of its exports, but it has also tried to shift toward more sophisticated value-added production domestically. Chinese domestic spending has shifted away from investment toward more consumption as citizens’ incomes have grown. Like Americans, Chinese people are also spending more on services than on manufactured goods. All these changes are fundamentally altering the structure of China’s production, reducing the role of manufacturing, and increasing the skill levels of workers in manufacturing. This Policy Brief reviews the challenges posed by these developments for China’s long-term goal of achieving more inclusive growth. It presents evidence that commonly held perceptions that Chinese manufacturing employment growth is robust are wrong. In fact, such growth has peaked and China is now following the pattern of structural change that is typical of a more mature emerging economy, in which the share of employment in manufacturing declines as workers are increasingly employed in services.
Topic:
Economic growth, Manufacturing, and Trade
Political Geography:
China, Asia, North America, and United States of America

484. The Rise of Global Innovation by US Multinationals Poses Risks and Opportunities

Author:
Lee G. Branstetter, Britta Glennon, and J. Bradford Jensen
Publication Date:
06-2019
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
For decades, US multinational corporations (MNCs) conducted nearly all their research and development (R&D) within the United States. Their focus on R&D at home helped establish the United States as the unrivaled leader of innovation and technology advances in the world economy. Since the late 1990s, however, the amount of R&D conducted overseas by US MNCs has grown nearly fourfold and its geographic distribution has expanded from a few advanced industrial countries to many parts of the developing world, creating an innovation system that spans the globe. Like many aspects of globalization, including the offshoring of manufacturing over recent decades, the globalization of R&D raises concerns about US competitiveness and loss of technological leadership. At the same time, the spreading geographic location of innovation presents opportunities for US-based companies if the right policies are adopted to seize them. The research presented in this Policy Brief demonstrates that US innovators continue to remain involved in important ways in US MNCs' global R&D activities, and fears of a hollowing out of US capacity to innovate—based probably on previous fears about the hollowing out of US-based manufacturing—may be overstated. Indeed, the large and growing pool of highly educated scientists and engineers in the developing world could increase the rate of global productivity growth, to the advantage of US-based companies and the world in general. The authors conclude that a productive way to capitalize on the globalization of MNC R&D is not to oppose it but to combine emerging-market talent with MNC experience so that innovation can flourish to improve global living standards and fuel economic progress.
Topic:
Economics, Globalization, Multinational Corporations, Risk, and Innovation
Political Geography:
North America and United States of America

485. Protectionism under Trump: The China Shock, Intolerance, and the "First White President"

Author:
Marcus Noland
Publication Date:
06-2019
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics
Abstract:
In 2016, the United States elected an avowedly protectionist president. This paper uses US county-level electoral data to examine this outcome. The hypothesis that support for protectionism was purely a response to globalization is rejected. Exposure to trade competition encouraged a shift to the Republican candidate, but this effect is mediated by race, diversity, education, and age. If the turn toward protectionism is due to economic dislocation, then public policy interventions could mitigate the impact and support the reestablishment of a political consensus for open trade. If, however, the drivers are identity or cultural values, then the scope for constructive policy intervention is unclear.
Topic:
Economics, Politics, Donald Trump, and Protectionism
Political Geography:
China, Asia, North America, and United States of America

486. Is There a Threat of a Repeated Deployment of Nuclear "Eurorockets" from the Cold War Period in Europe?

Author:
Miroslav Tuma
Publication Date:
01-2019
Content Type:
Policy Brief
Institution:
Institute of International Relations Prague
Abstract:
Will the U.S. unilateral withdrawal from the American-Soviet INF Treaty of 1987 become a possible reality? The Treaty prohibits ground-launched shorter and the middle-range missiles (500–5,500 kms) with nuclear or conventional warheads. The Treaty´s security significance and its main parameters, the legal framework of the withdrawal and the reasons of both parties for accusing each other of violating the Treaty, are discussed in the article as well. In its conclusion, the article, among other things, explains the context of the possible termination of the Treaty, and its consequences for the U.S.-Russia arms-control architecture. Motto: “ A nuclear war cannot be won and must never be fought.” (A joint statement of the American president Ronald Reagan and the Soviet highest representative Mikhail Gorbachev from their first meeting in Geneva in January 1985)
Topic:
International Relations, Nuclear Weapons, and Treaties and Agreements
Political Geography:
Russia, Europe, and United States of America

487. Will Outer Space Be Weaponized?

Author:
Miroslav Tuma
Publication Date:
05-2019
Content Type:
Commentary and Analysis
Institution:
Institute of International Relations Prague
Abstract:
This essay discusses the main elements of the American security document called the Missile Defense Review 2019, which was presented by the US Ministry of Defense in January 2019. It covers the possible reasons for the postponed publication of the document and informs about the main legal documents dealing with the peaceful use of space. It compares the current document with the similar one from 2010, which was published by the Obama administration. It also focuses on the possibility of the deployment of US spacebased interceptors in the Earth’s orbit. In this context it analyses the possible negative consequences of such a development, especially that it could lead to the beginning of a phase of a high risk weaponization of outer space and the start of an arms race in that domain.
Topic:
Science and Technology, Weapons, and Space
Political Geography:
North America, Global Focus, and United States of America

488. The Importance of Verification and Transparency in the Nuclear-Arms Control

Author:
Miroslav Tuma
Publication Date:
11-2019
Content Type:
Working Paper
Institution:
Institute of International Relations Prague
Abstract:
Miroslav Tůma in his new Policy Paper titled "The Importance of Verification and Transparency in the Nuclear-Arms Control, Nonproliferation and Disarmament Process" explained how monitoring and verification procedure associated with the nuclear-arms control, nonproliferation and disarmament process is nowadays important, especially in the sphere between US and Russia, which posses 90% of nuclear weapons all over the world. The author also analysed the development of the verification procedure in this field and its future curse. Should be the engagement of verification activity in a straight line with international law? What attitude should the Czech Republic take towards this problem in the near future?
Topic:
Arms Control and Proliferation, Nuclear Weapons, and Disarmament
Political Geography:
Russia, Eurasia, North America, and United States of America

489. Making Sanctions Smarter: Safeguarding Humanitarian Action

Author:
Alice Debarre
Publication Date:
12-2019
Content Type:
Policy Brief
Institution:
International Peace Institute
Abstract:
In recent decades, sanctions have increasingly been used as a foreign policy tool. The UN Security Council has imposed a total of fourteen sanctions regimes alongside those imposed autonomously by the EU, the US, and other countries. Despite efforts to institute more targeted sanctions regimes, these regimes continue to impede or prevent the provision of humanitarian assistance and protection. This policy paper focuses on the impact of sanctions regimes in four countries: the Democratic People’s Republic of Korea, Syria, Afghanistan, and Somalia. It aims to assist the Security Council, relevant UN organs, UN member states, humanitarian actors, and other stakeholders in ensuring that humanitarian activities are safeguarded in contexts in which sanctions regimes apply. While there are no straightforward solutions, the paper offers several ways forward: Including language that safeguards humanitarian activities in sanctions regimes; Raising awareness and promoting multi-stakeholder dialogue; Conducting better, more systematic monitoring of and reporting on the impact of sanctions on humanitarian activities; Developing more and improved guidance on the scope of sanctions regimes; and Improving risk management and risk sharing. This paper is accompanied by an issue brief that provides further detail on the types of impact sanctions can have on humanitarian action.
Topic:
Humanitarian Aid, Sanctions, and UN Security Council
Political Geography:
Afghanistan, North Korea, Syria, Somalia, United States of America, and European Union

490. A Dance of Entanglement: The US-Turkish Relations in the Context of the Syrian Conflict

Author:
Burcu Sari Karademir
Publication Date:
08-2019
Content Type:
Journal Article
Journal:
Uluslararasi Iliskiler
Institution:
International Relations Council of Turkey (UİK-IRCT)
Abstract:
Alliances under unipolarity operate with different logic than under bipolarity. Unipolarity makes the twin dangers of abandonment and entrapment more likely for the weaker states that need the unipole for the pursuit of their regional security interests. The article takes the US-Turkish relations within the context of Syrian conflict as exemplary and shows how the strategic discrepancies between the US-Turkish positions paved the way for Turkey’s abandonment in Syria. The article concludes that the unipole’s strategic alliance commitments are no longer reliable for regional allies to assume risky regional restructuring roles as they face the risk of abandonment on the halfway.
Topic:
International Relations, Alliance, Syrian War, and Unipolarity
Political Geography:
Turkey, Middle East, Syria, United States of America, and Mediterranean