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101. Russia’s Hidden Underbelly of Debt

Author:
Maya Rostowska
Publication Date:
07-2014
Content Type:
Policy Brief
Institution:
The Polish Institute of International Affairs
Abstract:
Despite the reigning consensus that the Russian economy is facing trouble ahead, some indicators suggest that the situation is not as dire as first appeared. Moreover, it may seem that the fiscal situation in the country—particularly its copious foreign currency reserves and substantial sovereign wealth funds—could still help extricate Russia from its economic difficulties. However, the very difficult budgetary situation in the regions and the staggering levels of debt of its companies suggest that economic problems could hit the country hard. Investors should remain vigilant of social and political tensions and the possible further deterioration of the business environment in Russia.
Topic:
Debt, Economics, Politics, Governance, and Budget
Political Geography:
Russia

102. Taxes and Development

Author:
Conor M. Savoy and Christina M. Perkins
Publication Date:
12-2014
Content Type:
Working Paper
Institution:
Center for Strategic and International Studies
Abstract:
The ability of a state to mobilize its own resources to pay for vital social services is at the heart of a well-functioning government. As developing countries have grown wealthier over the past de cade, they have seen a corresponding rise in the amount of domestic revenue available. The numbers are truly staggering: in 2012 developing and emerging economies mobilized $7.7 trillion in domestic resources. Even in sub- Saharan Africa, where the pace of change has been slower, domestic resources topped $530 billion in 2012; official development assistance in contrast totaled approximately $54 billion. Some of this is driven by the commodities boom of the past several years, but much is organic growth that has seen gross domestic product (GDP) rise. These domestic numbers, plus the rapid growth in private capital flows to the developing world, radically change the calculus of development financing.
Topic:
Development, Governance, and Budget
Political Geography:
Africa

103. Asset Declarations: An effective tool to fight corruption?

Author:
Craig Fagan
Publication Date:
07-2014
Content Type:
Working Paper
Institution:
Transparency International
Abstract:
Public sector officials who have achieved positions of power and managerial control over government budgets and spending can be particularly vulnerable to corruption. Asset declarations offer a critical tool to public officials and those they serve in the prevention, detection, investigation and sanctioning of corruption.
Topic:
Corruption, Government, Reform, and Budget

104. Nonfatal Casualties and the Changing Costs of War

Author:
Tanisha M. Fazal
Publication Date:
11-2014
Content Type:
Policy Brief
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
This policy brief is based on "Dead Wrong? Battle Deaths, Military Medicine, and Exaggerated Reports of War's Demise," which appears in the summer 2014 issue of International Security.
Topic:
Health, War, Military Strategy, and Budget

105. The Fiscal Impact of Immigration

Author:
Alex Nowrasteh
Publication Date:
07-2014
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
The fiscal impact of immigration-how immigrants and their descendants affect government budgets-is a widely debated and contentious issue. Economists overwhelmingly accept the economic gains of immigration, but are less certain about immigrants' impact on government budgets. Contention over this issue is fueled by the numerous methodologies and complexity of analysis that obscure the fiscal costs of immigration.
Topic:
Civil Society, Economics, Immigration, Governance, and Budget

106. The Fiscal Impact of Immigration

Author:
Alex Nowrasteh
Publication Date:
07-2014
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
The fiscal impact of immigration—how immigrants and their descendants affect government budgets—is a widely debated and contentious issue. Economists overwhelmingly accept the economic gains of immigration, but are less certain about immigrants' impact on government budgets. Contention over this issue is fueled by the numerous methodologies and complexity of analysis that obscure the fiscal costs of immigration.
Topic:
Demographics, Economics, Immigration, and Budget

107. Strategy and Force Planning in a Time of Austerity

Author:
Michael J. Meese
Publication Date:
05-2014
Content Type:
Working Paper
Abstract:
On February 13, 1989, General Colin Powell, who was in a transition between National Security Advisor and Commander of U.S. Army Forces Command, addressed the reality of strategy: “All of the sophisticated talk about grand strategy is helpful, but show me your budgets and I will tell you what your strategy is.”1 What General Powell meant is that the definition of the U.S. role in the world and its strategic goals flow from budgets, not the other way around. This paper fleshes out General Powell's observation by focusing on the means part of the ends, ways, and means of strategy in order to explain how austerity affects force planning and strategy. By first examining budget reductions as a general matter, the paper describes today's austere U.S. budgetary environment. It concludes with the current strategic options that will likely characterize the contemporary discussion of strategy and force planning.
Topic:
Defense Policy, Financial Crisis, and Budget
Political Geography:
United States

108. The US Trillion Dollar Nuclear Triad

Author:
Jon Wolfsthal
Publication Date:
01-2014
Content Type:
Working Paper
Institution:
James Martin Center for Nonproliferation Studies
Abstract:
The James Martin Center for Nonproliferation Studies (CNS) convened an event to release its latest report “The Trillion Dollar Nuclear Triad: US Strategic Nuclear Modernization Over the Next Thirty Years.” The report concludes that the United States will likely spend over $1 trillion during the next three decades to maintain its current nuclear arsenal and purchase their replacement systems. The necessary level of procurement spending, as a percentage of the defense budget, will peak at levels comparable to the Reagan-era build-up of nuclear forces. To date, few senior officials from the White House or Department of Defense or in the Congress have publicly acknowledged or laid out the full scale of these costs to the American public. This lack of public debate will likely lead to sticker shock as the full cost of these programs come due, leading to budget cuts and program delays. “The strategic and financial challenges facing our country are enormous,” said Jon Wolfsthal, CNS Deputy Director and former nuclear advisor to Vice President Joseph Biden. “Policy makers lack the basic information needed to make smart choices about our nuclear arsenal, putting both our deterrent and future reductions at risk.” The report cites particular concern over the pace of planned construction of strategic systems to replace systems that are set to retire starting in 2030. The United States plans, from 2024-29, to build five strategic submarines, 72 strategic bombers, and 240 intercontinental ballistic missiles (ICBMs). This represents more delivery vehicles than the combined nuclear forces of China, the United Kingdom, and France. It is unclear that the industrial and management capabilities in the United States are capable of this production rate in times of budget constraint.
Topic:
Nuclear Weapons, Military Strategy, Nuclear Power, Budget, and Military Spending
Political Geography:
North America and United States of America

109. Mind the Gap: Regimes & Strengthening Radiological Security

Author:
Miles A. Pomper
Publication Date:
08-2014
Content Type:
Working Paper
Institution:
James Martin Center for Nonproliferation Studies
Abstract:
According to a new paper from CNS Senior Research Associate Miles A. Pomper, inadequate liability and insurance regimes mean that users of high-risk radiological sources have insufficient incentive to protect those sources from terrorists or substitute less risky alternatives. Such sources are used in medicine, oil and gas exploration, and industry, among other fields, and can be used in “dirty bombs” or other forms of radiological terrorism. Since the 9/11 attacks, governments, including the United States, have taken it upon themselves to institute emergency measures to improve source security, often using public funds. However, these measures are less than optimal and are expected to take many more decades. Moreover, even the United States—the lead country in spending on these efforts—routinely sacrifices radiological security to other budget priorities. Pomper therefore recommends two potential options to improve liability and insurance regimes governing radiological sources in order to incentivize users to reduce the risk of radiological terrorism.
Topic:
Security, Terrorism, Budget, Radiological Weapons, and Medicine
Political Geography:
North America and United States of America

110. The NATO Operation in Afghanistan: Results and Possible Scenarios for Russia

Author:
M. Konarovsky
Publication Date:
10-2013
Content Type:
Journal Article
Journal:
International Affairs: A Russian Journal of World Politics, Diplomacy and International Relations
Institution:
East View Information Services
Abstract:
The joint American and NATO campaign in Afghanistan which has been going on for over a decade now became the Alliance’s largest and most expensive operation. It has already sucked in over $1 trillion, claimed over 3 thousand lives (over half of them American) and left over 100 thousand wounded. As the hardest psychological test for NATO it triggered talks about its systemic crisis.
Topic:
Conflict Resolution, NATO, War, and Budget
Political Geography:
Afghanistan