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4421. Monetary Options for Postwar Iraq

Author:
Steve H. Hanke and Matt Sekerke
Publication Date:
09-2003
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
Following a swift military campaign to remove the Saddam Hussein government in Iraq, it has become clear that preparations for the postwar period have been inadequate and that the occupying forces lack a workable exit strategy. Specifically, the Coalition Provisional Authority has failed to anticipate the challenges that face the postwar Iraqi economy, including the introduction of sound money to facilitate exchange.
Topic:
Development, Economics, and International Political Economy
Political Geography:
Iraq, Middle East, and Arabia

4422. Making Money: Political Development, the Greenback, and the Euro

Author:
Kathleen R. McNamara
Publication Date:
10-2003
Content Type:
Working Paper
Institution:
Institute of European Studies (IES), UC Berkeley
Abstract:
The creation of Economic and Monetary Union (EMU) in Europe challenges much of what we have come to take for granted about states and the components of sovereignty. What does the willingness of twelve European Union (EU) members to abandon their own currencies mean for the nation-states of Europe? Does the Euro automatically imply further political development at the EU level? To address these questions, this paper parses out the role that national currencies play in statebuilding with reference to the nineteenth century American experience. Just as US federal authorities engaged in a political project to wrest control over money from subnational authorities to the center and unify the currency, so have the dynamics of currency unification in the EU involved important conflicts over the location of the legitimate exercise of control and rule. In particular, I highlight the role of war and market integration in prompting currency consolidation, and the importance of linkages between money and fiscal capacity for statebuilding, and apply the analytical lessons learned from the US experience to the case of the Euro.
Topic:
Development and Economics
Political Geography:
United States and Europe

4423. Southern Serbia's Fragile Peace

Publication Date:
12-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
The Albanian-majority Presevo Valley in southern Serbia is one of the few conflict resolution success stories in the former Yugoslavia. Yet tensions linger, and a series of violent incidents in August and September 2003 demonstrated that the peace can still unravel. Serbia's stalled reform process is preventing the political and economic changes that are needed to move forward on many critical issues in the area, and there is a general sense among local Albanians that peace has not delivered what it promised: an end to tensions with Serb security forces and prosperity.
Topic:
Security, Democratization, Development, Economics, and Politics
Political Geography:
Central Asia, Yugoslavia, and Serbia

4424. Building Bridges In Mostar

Publication Date:
11-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
Making another attempt to unite the divided city of Mostar has become, unexpectedly but appropriately, a very high international priority in Bosnia " Herzegovina (BiH) in 2003. By late summer, it had come to be ranked by High Representative Paddy Ashdown among his four major projects for structural reform. In each case, the High Representative appointed a foreign chairman to lead commissions composed of domestic representatives and charged with finding statebuilding solutions in the symbolically or substantively important realms of defence, intelligence, indirect taxation - and Mostar. All aim to unify divided and dysfunctional institutions. The first three commissions, which have already reported and whose draft legislation is proceeding through the various parliaments, have also sought to empower the state over the entities and their respective national establishments.
Topic:
Development, Government, and Politics
Political Geography:
Bosnia, Herzegovina, and Eastern Europe

4425. The Challenge of Political Reform: Jordanian Democratisation and Regional Instability

Publication Date:
10-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
Navigating the treacherous shoals of the Iraq conflict with a steady hand, Jordan appears to have emerged unscathed from the turbulent months just past. The Hashemite Kingdom adjusted its rhetoric to fit the public mood while backing U.S. policy in Iraq and in the Israeli-Palestinian struggle, managed to overcome its principal weaknesses and now faces the post-war world with renewed confidence and authority.
Topic:
Democratization, Demographics, Development, Economics, and Politics
Political Geography:
United States, Iraq, Israel, Palestine, Arabia, and Jordan

4426. Iran: Discontent and Disarray

Publication Date:
10-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
The decision to award the Nobel Peace Prize to Shirin Ebadi, a courageous human rights lawyer, has focused renewed attention on the deep divisions and tensions within Iran. How these work out, and how Iran defines its role in the world, will have a critical impact on a range of wider security issues, from Iraq and Afghanistan to the Arab-Israeli conflict and the future of nuclear non-proliferation.
Topic:
Security, Demographics, Development, Economics, Politics, and Poverty
Political Geography:
Afghanistan, Iran, Israel, and Arabia

4427. Disarmament and Reintegration in Afghanistan

Publication Date:
09-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
The domination of Afghanistan's political landscape by armed parties and individual commanders is still the principal obstacle to implementation of the political process that was agreed at the Bonn conference in late 2001. Without a credible process of disarmament, demobilisation and reintegration of former commanders and fighters into society (DR), it is inconceivable that any of the key elements of that political process - including the adoption of a new constitution, judicial reform, and elections - can be meaningfully implemented. More international engagement across the country - in the form of both security contributions and economic assistance - remains the essential ingredient.
Topic:
Conflict Prevention, Development, Economics, and Peace Studies
Political Geography:
Afghanistan and Central Asia

4428. Peacebuilding in Afghanistan

Publication Date:
09-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
Tackling conflict and providing security in Afghanistan requires a greater effort to deal with local disputes that frequently flare into violence and lead to wider problems. Although these attract less attention than the threat from the resurgent Taliban, they are important as they produce an environment of insecurity which destroys all quality of life for ordinary civilians and undermines the legitimacy of the Afghan Transitional Administration in Kabul. Local commanders often exploit these disputes to consolidate their positions, further weakening the authority of the central government.
Topic:
Conflict Prevention, Development, Government, and Peace Studies
Political Geography:
Afghanistan, Central Asia, and Kabul

4429. Afghanistan: The Problem of Pashtun

Publication Date:
08-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
Prospects for an enduring peace in Afghanistan are still fragile despite progress since the ouster of the Taliban in December 2001. A key obstacle is the perception of many ethnic Pashtuns that they lack meaningful representation in the central government, particularly in its security institutions. Other factors contributing to growing alienation from the Bonn political process include continued violence against Pashtuns in parts of the north and west, heavy-handed search operations and collaboration with abusive commanders by the U.S.-led Coalition, and impediments to trade in the southern and eastern provinces. Unless measures are taken to address these grievances and ensure that a more representative government emerges from the forthcoming election, there will be a greater likelihood of the political process ending in failure.
Topic:
Democratization, Development, and Politics
Political Geography:
Afghanistan and Central Asia

4430. Thessaloniki And After III: The EU And Serbia, Montenegro, And Kosovo

Publication Date:
06-2003
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
Since the fall of the regime of Slobodan Milosevic in October 2000, the steady normalisation of Serbia's relations with the international community has significantly enhanced the prospects for longterm peace and stability. The European Union (EU) rose to the challenge, providing resources for reconstruction and reforms in Serbia itself, as well as in Montenegro and Kosovo. As part of this assistance effort, it included the three entities in the Stabilisation and Association process (SAp) that it established to build security in the Western Balkans and open perspectives for eventual membership.
Topic:
Development and Politics
Political Geography:
Europe, Eastern Europe, Kosovo, Serbia, and Montenegro