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1911. Pre-empting Technical Barriers in the Single Market

Author:
Jacques Pelkmans and Anabela Correia de Brito
Publication Date:
07-2012
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
Effective enforcement and compliance with EU law is not just a legal necessity, it is also of economic interest since the potential of the Single Market will be fully exploited. Enforcement barriers generate unjustified costs and hindrances or uncertainty for cross-border business and might deprive consumers from receiving the full benefit of greater choice and/or cheaper offers.
Topic:
Economics, Markets, Monetary Policy, and Law
Political Geography:
Europe

1912. Central Banks in Times of Crisis: The FED vs. the ECB

Author:
Daniel Gros, Cinzia Alcidi, and Alessandro Giovannini
Publication Date:
07-2012
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
Different economic and financial structures require different crisis responses. Different crises also require different tools and resources. The first 'stage' of the financial crisis (2007-09) was similar on both sides of the Atlantic, and the response was also quite similar. The second stage of the crisis is unique to the euro area. Increasing financial disintegration within the region has forced the ECB to become the central counterparty for the entire cross-border banking market and to intervene in the sovereign bond market of some stressed countries. The actions undertaken by the European Central Bank (ECB), however, have not always represented the best response, in terms of effectiveness, consistency and transparency. This is especially true for the Securities Markets Programme (SMP): by de facto imposing its absolute seniority during the Greek PSI (private sector involvement), the ECB has probably killed its future effectiveness.
Topic:
Debt, Economics, International Trade and Finance, Markets, Monetary Policy, and Financial Crisis
Political Geography:
Europe

1913. Fueling America and the Energy Water Nexus

Author:
Richard L. Lawson, Mihaela Carstei, Blythe Lyons, and John Lyman
Publication Date:
06-2012
Content Type:
Working Paper
Institution:
Atlantic Council
Abstract:
A substantive dialogue has emerged in the United States under the rubric of “the energy and water nexus,” representing the deepening understanding of the circular relationship between water and energy. Both are essential building blocks of US economic and physical security, and interface with efforts to improve health and prosperity. On a national level, the criticality of this relationship to economic and public prosperity is often ignored, as energy and water impacts are largely specific to a watershed or a local surface water source. Simply put, energy security and the availability of water are both critical elements of US national security. Furthermore, ensuring adequate water supplies underpins the production of energy resources, which remains a major driver of the US economy.
Topic:
Economics, Energy Policy, Human Rights, and Water
Political Geography:
America

1914. Managing the Global Response to Maritime Piracy

Publication Date:
10-2012
Content Type:
Working Paper
Institution:
Atlantic Council
Abstract:
The Atlantic Council promotes constructive US leadership and engagement in international affairs based on the central role of the Atlantic community in meeting the international challenges of the 21st century. The Council embodies a nonpartisan network of leaders who aim to bring ideas to power and to give power to ideas by stimulating dialogue and discussion about critical international issues with a view to enriching public debate and promoting consensus on appropriate responses in the Administration, the Congress, the corporate and nonprofit sectors and the media in the United States and among leaders in Europe, Asia, Africa, and the Americas. Through its diverse networks, the Council builds broad constituencies to support constructive US leadership and policies. Its program offices publish informational analyses, convene conferences among current and/or future leaders, and contribute to the public debate in order to integrate the views of knowledgeable individuals from a wide variety of backgrounds, interests and experiences.
Topic:
Security, Defense Policy, Economics, Military Strategy, and Maritime Commerce
Political Geography:
Africa, United States, Europe, Asia, and Atlantic Ocean

1915. Envisioning 2030: US Strategy for a Post-Western World

Author:
Robert A. Manning
Publication Date:
12-2012
Content Type:
Working Paper
Institution:
Atlantic Council
Abstract:
The National Intelligence Council in its new report, Global Trends 2030: Alternative Worlds, argues that the historic moment the Obama Administration now confronts “recalls past transition points–such as 1815, 1919, 1945, and 1989–when the path forward was not clear-cut and the world faced the possibility of different global futures.”
Topic:
Foreign Policy, Economics, Globalization, Politics, and Hegemony
Political Geography:
United States, Europe, and Atlantic Ocean

1916. Reshaping the Security Order in Asia-Pacific

Author:
Alain Guidetti
Publication Date:
11-2012
Content Type:
Policy Brief
Institution:
The Geneva Centre for Security Policy
Abstract:
The international strategic landscape is evolving at an unprecedented pace. The widespread assumption is that the global balance of power is shifting from the West to the East (and the South), as a consequence of the convergence of two variables: the sustained economic growth of China and Asia over recent decades, and the Western economic downturn since the 2008 global financial crisis. Though interpretations differ on the meaning and magnitude of this power shift, the prevailing assumption is that it reflects the weakness, and for some the relative decline, of the US and the West against Asia's and primarily China's strong rise. The implications of these developments across the Asia-Pacific are deep and have already led to growing strategic competition between Beijing and Washington for preeminence over the Asia-Pacific and new uncertainties over global and regional governance.
Topic:
Economics, Human Rights, and Financial Crisis
Political Geography:
United States, China, Washington, Beijing, Asia, Australia, and Asia-Pacific

1917. Is the Twin Deficits Hypothesis Valid in the case of Turkey?

Author:
Fuat Sekmen and Unsal Ozan Kahraman
Publication Date:
12-2012
Content Type:
Journal Article
Journal:
Bilgi
Institution:
Değişim Yayınları
Abstract:
This study deals with the relationship between the current account deficit and the budget deficit in Turkey. Artificial Neural Networks are employed to investigate this relationship. According to the results of the application the twin deficits hypothesis which indicates a positive correlation between the two deficits isn’t valid in Turkey. As this paper tries to analyze the factors accounting for the absence of this kind of correlation, it develops a flexible understanding which doesn’t refuse a hypothesis or a theory (the twin deficits hypothesis) completely, on the contrary, emphasizes the importance of investigating the conditions in which a hypothesis, theory or a model is valid.
Topic:
Economics, Budget, Finance, and Deficit
Political Geography:
Europe, Turkey, and Asia

1918. Indian Media's Dickensian Age

Author:
T. N. Ninan
Publication Date:
12-2011
Content Type:
Working Paper
Institution:
Center for the Advanced Study of India
Abstract:
Distinguished ladies and gentlemen, I must confess that the title for this lecture was thought up on the spur of the moment. Still, you might wonder which characters in Dickens' novels we can see in the Indian media. I can readily say that many journalists see latter-day versions of Uncle Scrooge; publishers who want to run their empires on shoestring budgets. Publishers, in turn, will say we have our Oliver Twist journalists, who keep asking their employers for more-even when salaries are doubling every four or five years. We have reporters who are Artful Dodgers, especially when it comes to deadlines. We have bankrupt TV moguls who, like Micawber, are forever hoping that something will turn up. And of course, many readers are like Pip, they had great expectations about the media but feel robbed and are disappointed. But when I fixed on the title, of a Dickensian Age for the Indian media, I had none of this in mind. My thought was the more predictable one, that this is a tale not of two cities but two narratives, competing narratives.
Topic:
Economics, Communications, and Mass Media
Political Geography:
South Asia

1919. Reinventing America's Legacy Cities: Strategies for Cities Losing Population

Publication Date:
04-2011
Content Type:
Working Paper
Institution:
American Assembly at Columbia University
Abstract:
The global knowledge economy favors cities because their density and infrastructure support the knowledge spillovers and innovation that flow from concentrated economic activity. Increasing demand for energy efficiency, too, favors the proximity and walkability found in cities' dense urban development patterns. Perhaps most importantly, cities continue to offer a unique opportunity for living well together in dense, dynamic communities where diversity and democracy flourish. In the United States people continue to move to metropolitan areas and before the Great Recession were increasingly returning to central cities, a trend expected to continue as the economy rebounds.
Topic:
Development, Economics, Markets, Governance, and Urbanization
Political Geography:
United States

1920. Turkey-Ukraine Relations: High Potential, Low Voltage

Author:
Habibe Özdal and Viktoriia Demydova
Publication Date:
03-2011
Content Type:
Policy Brief
Institution:
International Strategic Research Organization (USAK)
Abstract:
With its strategic location of the existing power lines and economic potential, Ukraine, as one of the most important countries of Eastern Europe, is one of the pilot countries with which Turkey aims to develop its relations in an 'exemplary manner'. Besides, since Ankara and Kiev, share common values and priorities within the framework of preserving stability in the region, the Black Sea neighborhood adds another dimension to bilateral relations.
Topic:
Security, Foreign Policy, Diplomacy, Economics, International Trade and Finance, and Bilateral Relations
Political Geography:
Europe, Turkey, Ukraine, and India