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151. Military Leaders and Global Leaders: Contrasts, Contradictions, and Opportunities

Author:
Anthony J. DiBella
Publication Date:
09-2013
Content Type:
Journal Article
Journal:
PRISM
Institution:
Institute for National Strategic Studies (INSS), National Defense University
Abstract:
Leadership has long been a focal point of human curiosity but has recently gathered even more attention. As globalization becomes increasingly the dominant force in political, social, and economic affairs, leaders far and wide are being called upon to take on new roles and address emergent challenges. This trend may be most prominent in the arena of national security. In particular, military leaders must now interact with a broader range of social communities as engagements span national and cultural boundaries. While in the past, national militaries or their forces or branches acted alone, most of today's engagements involve coalitions, “partners”, or joint forces. How do the traditional traits and characteristics of military leaders align with this new environment? This paper will examine several traits or characteristics of military leaders, compare them to those of other global leaders, and suggest ways to prepare military leaders for global leadership roles that go beyond parochial interests.
Topic:
Globalization and War
Political Geography:
United States

152. A Dangerous Nexus: Crime, Conflict, and Terrorism in Failing States

Author:
Walter Kemp, Mara Pfneisl, and Maximilian Meduna
Publication Date:
11-2013
Content Type:
Working Paper
Institution:
International Peace Institute
Abstract:
In his introductory remarks, IPI President Terje Rød-Larsen noted that when the United Nations was established after the Second World War, organized crime had almost nothing to do with international peace and security. It was a problem in a few big cities and isolated regions, but it was not a topic of international relations. In the 1980s, the situation began to change. The collapse of Communism opened new markets, and criminals began to take advantage of instability in conflict zones and fragile states. Globalization created new opportunities for illicit activities to flourish thanks to new technologies, new markets, and greater openness. Increases in trade, financial transactions, and communications made it easier for criminals to do business around the world and to launder money. Criminal groups also exploited unstable regions. As a result, by the beginning of the twenty-first century, organized crime had gone global, reaching macroeconomic proportions and posing a threat to international peace and security.
Topic:
Conflict Resolution, Arms Control and Proliferation, Crime, Globalization, Terrorism, Counterinsurgency, and Narcotics Trafficking
Political Geography:
United Nations

153. Trading Up: The Case for an International Carbon Market Reserve to Reduce Volatility at the Limits in 2020 and Beyond

Author:
Nigel Purvis, Abigail Jones, and Cecilia Springer
Publication Date:
12-2013
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Climate policymakers face major challenges when designing future global carbon markets—those involving carbon transactions between “buyers” (predominantly developed countries to date) and “sellers” (mainly developing countries, particularly least developed nations). On one hand, domestic carbon markets are currently spreading and linking rapidly around the world. By 2015, based on already announced policies, carbon markets will cover almost 3 billion people and the lion's share of the world's economy. Because carbon markets, and carbon pricing instruments in general, present the most flexible mechanism to create low-carbon economies, carbon markets are likely to play a major role in future efforts to confront climate change—perhaps on the order of shouldering 50 percent of the solution.
Topic:
Climate Change, Energy Policy, Globalization, Oil, and Natural Resources

154. A Markov Switching Approach to Herding

Author:
Pierre Siklos, Martin T. Bohl, and Arne C. Klein
Publication Date:
12-2013
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
Existing models of market herding suffer from several drawbacks. Measures that assume herd behaviour is constant over time or independent of the economy are not only economically unreasonable, but describe the data poorly. First, if returns are stationary, then a two-regime model is required to describe the data. Second, existing models of time-varying herding cannot be estimated from daily or weekly data, and are unable to accommodate factors that explain changes in this behaviour. To overcome these deficiencies, this paper proposes a Markov switching herding model. By means of time-varying transition probabilities, the model is able to link variations in herding behaviour to proxies for sentiment or the macroeconomic environment. The evidence for the US stock market reveals that during periods of high volatility, investors disproportionately rely on fundamentals rather than on market consensus.
Topic:
Economics, Globalization, International Trade and Finance, Markets, and Financial Crisis
Political Geography:
United States and Canada

155. Savings by and for the Poor: A Research Review and Agenda

Author:
Dean Karlan, Jonathan Zinman, and Aishwarya Lakshmi Ratan
Publication Date:
11-2013
Content Type:
Working Paper
Institution:
Center for Global Development
Abstract:
The poor can and do save, but often use formal or informal instruments that have high risk, high cost, and limited functionality. This could lead to undersaving compared to a world without market or behavioral frictions. Undersaving can have important welfare consequences: variable consumption, low resilience to shocks, and foregone profitable investments.
Topic:
Development, Economics, Globalization, International Trade and Finance, Markets, Poverty, and Financial Crisis

156. Recalibrating CSDP - NATO Relations: The Real Pivot

Author:
Jo Coelmont and Maurice de Langlois
Publication Date:
06-2013
Content Type:
Policy Brief
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
Are long-standing allies drifting apart? In the US, struggling with budget deficits, questions such as “Is current US security strategy not stimulating free-riding by allies and friends?”, or “NATO: what is in it for us? “, and even “Should the US not withdraw from NATO's military command structure?”1, are more than ever coming to the fore. In Europe on the other hand, even if some worry about the effects of the “the US pivot to Asia”, many are still looking to the US to take ultimate responsibility for crisis management operations. The effect of the post-Iraq/post-Afghanistan context in the US and the real meaning of “leadership from behind” are not that well understood in Europe. The message that at times it will be up to Europeans to take responsibility has not come across. Consequently, so far Europeans have not achieved more coherence in defence capabilities, let alone more integration – barely some limited cooperation and minimal savings. Persistent shortfalls in military capabilities are not being met, quite the contrary.
Topic:
Conflict Prevention, NATO, Globalization, International Cooperation, International Security, and Power Politics
Political Geography:
Afghanistan, Iraq, Europe, and Asia

157. A European Global Security Strategy: Offering Seven - League Boots to Become a Global Actor

Author:
Jo Coelmont
Publication Date:
03-2013
Content Type:
Policy Brief
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
This paper will argue that the objective should be to pave the way for political discussions at the highest level and eventually the adoption by the European Council of a global security strategy. It is labelled “global” to indicate that this strategy is not only dealing with the EU's Foreign, Security, and Defence Policies , CFSP and CSDP sensu stricto , but is to encapsulate all security aspects related to EU external action. In other words, a European Global Security Strategy (EGSS) should be aimed at.
Topic:
Defense Policy, Globalization, Regional Cooperation, and Treaties and Agreements
Political Geography:
Europe

158. Crucial Collaborators or Petty Players? The Globalization of R and the Rise of China and India

Author:
Andrew B. Kennedy
Publication Date:
11-2013
Content Type:
Course Pack
Institution:
Center for the Advanced Study of India
Abstract:
In recent decades, research and development has become a key new arena of globalization. Whereas multinational corporations once conducted R primarily in their home countries, it is now often dispersed across multiple locations around the world. Has this process transformed economic ties between the world's dominant state and its would-be rising powers in ways that imply an important power shift? Focusing on China and India's growing collaboration with the U.S., this paper argues that it has not. China and India remain considerably more reliant on the globalization of R than the U.S. does, and this remains a potential source of leverage for Washington. This vulnerability mainly reflects the fact that U.S. R investments in China and India are far more important for these two Asian countries than they are for the U.S. These investments loom larger in the Chinese and Indian innovation systems than they do in their American counterpart, and it is difficult to imagine any country substituting for the U.S. in this regard. In contrast, the U.S. cannot derive a great deal of leverage as a platform for R Both China and India are considerably less dependent on the U.S. in this respect.
Topic:
Development, Economics, Globalization, International Trade and Finance, and Markets
Political Geography:
United States, China, and India

159. His Excellency Christopher Jorebon Loeak, President of the Republic of the Marshall Islands

Author:
Jorebon Loeak
Publication Date:
09-2013
Content Type:
Video
Institution:
Columbia University World Leaders Forum
Abstract:
This World Leaders Forum program features an address by His Excellency Christopher Jorebon Loeak, President of the Republic of the Marshall Islands, titled Marshalling Climate Leadership, followed by a question and answer session with the audience.
Topic:
Democratization, Development, Economics, Globalization, and Political Economy
Political Geography:
Asia, Australia/Pacific, and Island

160. Hooray for Global Justice? Emerging Democracies in a Multipolar World

Author:
Julian Culp and Johannes Plagemann
Publication Date:
12-2013
Content Type:
Working Paper
Institution:
German Institute of Global and Area Studies
Abstract:
Rising powers are fundamentally shifting the relations of power in the global economic and political landscape. International political theory, however, has so far failed to evaluate this nascent multipolarity. This article fills this lacuna by synthesizing empirical and normative modes of inquiry. It examines the transformation of sovereignty exercised by emerging democracies and shows that – in stark contrast to emerging democracies' foreign policy rhetoric – the "softening" of sovereignty has become the norm. The present paper assesses this softening of sovereignty on the basis of a "democratic-internationalist" conception of global justice. This conception holds that global justice demands the establishment of reasonably democratic transnational relations that enable people themselves to determine what else justice requires. Because we find that the exercise of soft sovereignty by emerging democracies contributes to the realization of reasonably democratic transnational relations, we conclude that this nascent multipolarity ought to be welcomed from the democratic-internationalist view of global justice.
Topic:
Democratization, Development, Economics, Emerging Markets, Globalization, and Sovereignty
Political Geography:
Brazil