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191. The European Crisis Deepens

Author:
Simon Johnson and Peter Boone
Publication Date:
01-2012
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
Successive plans to restore confidence in the euro area have failed. Proposals currently on the table also seem likely to fail. The market cost of borrowing is at unsustainable levels for many banks and a significant number of governments that share the euro.
Topic:
Political Economy, Regional Cooperation, and Monetary Policy
Political Geography:
Europe

192. The Coming Resolution of the European Crisis

Author:
C. Fred Bergsten and Jacob Funk Kirkegaard
Publication Date:
01-2012
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
Doom and gloom about the euro abounds. An increasing number of commentators and economists, including here at the Peterson Institute, have begun to question whether the common currency can survive.
Topic:
Economics, International Trade and Finance, Political Economy, Regional Cooperation, and Financial Crisis
Political Geography:
Europe

193. Pigs, Prawns and Power Houses: Politics in Water Resources

Author:
K. M. Jensen, R. B. Lange, and J. C. Refsgaard
Publication Date:
02-2012
Content Type:
Working Paper
Institution:
Danish Institute for International Studies
Abstract:
Normative ideals for 'good water management' have proliferated the last twenty years. However, evidence of effective implementation is scarce. This paper analyzes cases from India, the Mekong and Denmark where attempts have been made to translate water management ideals into practice. The purpose is to demonstrate the importance of politics and power for water management processes and their outcomes. The concept of social learning is applied in order to understand the dynamic interplay between actors, institutions and power in the political processes involved. It is argued that the political economy of water tends to vest the stronger stakeholders with an interest in upholding the status quo. Consequently, social learning typically centers on the 'low lying fruits' that does not challenge the prevailing distribution of resources. The authors, Kurt Mørck Jensen, Rane Baadsgaard Lange, and Jens Christian Refsgaard argue that strategic approaches looking outside the 'water box' are necessary to foster deeper changes in water resources management in both developing and developed countries.
Topic:
Political Economy and Natural Resources
Political Geography:
Europe and Southeast Asia

194. Reports Of The Bear's Death Are Greatly Exaggerated

Author:
Mark Adomanis
Publication Date:
03-2012
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
Nicholas Eberstadt (“The Dying Bear,” November/December 2011) is surely correct that a rapidly depopulating Russia would be confronted with a number of essentially irresolvable economic, military, and political problems. However, data from Russia's Federal State Statistics Service suggest that over the last decade, Russia's demographic indicators have in fact been getting better. Moreover, this improvement has intensified since the onset of the 2008 global financial crisis, confounding a number of Western experts who predicted that the downturn would have a similar eªect within Russia to that of the country's debt default in 1998, when fertility plummeted and mortality skyrocketed.
Topic:
Political Economy
Political Geography:
Russia and Ukraine

195. Is There Such a Thing As Middle Class Values?

Author:
Florencia Torche, Luis F. Lopez-Calva, and Jamele Rigolini
Publication Date:
02-2012
Content Type:
Working Paper
Institution:
Center for Global Development
Abstract:
Middle class values have long been perceived as drivers of social cohesion and growth. In this paper we investigate the relation between class (measured by the position in the income distribution), values, and political orientations using comparable values surveys for six Latin American countries. We find that both a continuous measure of income and categorical measures of income-based class are robustly associated with values. Both income and class tend to display a similar association to values and political orientations as education, although differences persist in some important dimensions. Overall, we do not find strong evidence of any “middle class particularism”: values appear to gradually shift with income, and middle class values lay between the ones of poorer and richer classes. If any, the only peculiarity of middle class values is moderation. We also find changes in values across countries to be of much larger magnitude than the ones dictated by income, education and individual characteristics, suggesting that individual values vary primarily within bounds dictated by each society.
Topic:
Economics, Political Economy, Social Stratification, and Culture
Political Geography:
Latin America

196. The Big Caucasus: Between Fragmentation and Integration

Author:
Jeffrey Mankoff
Publication Date:
03-2012
Content Type:
Working Paper
Institution:
Center for Strategic and International Studies
Abstract:
Situated astride one of the world's key strategic crossroads, the “Big Caucasus” is increasingly a region in flux. The August 2008 war among Georgia, Russia, and the separatist regions of South Ossetia and Abkhazia emphasized the fragility of the territorial status quo that took hold in the years immediately following the collapse of the USSR, but which has failed to establish legitimacy among either local populations or the international community. The 2008 war solidified the de facto separation between the Georgian state and its breakaway provinces and put Georgia's NATO accession on indefinite hold—but did not resolve the underlying problems of sovereignty and security that led to the conflict. Similar problems abound across the Big Caucasus. An increasingly authoritarian Azeri government has staked much of its legitimacy on regaining Nagorno-Karabakh. While talks between Baku and Yerevan have made little progress, an arms buildup in the region continues, raising fears of renewed conflict. Meanwhile, Russia's North Caucasus smolders. A nationalist insurgency that began in Chechnya in the early 1990s has spread to neighboring regions and taken on a harder jihadist edge, raising concerns about a possible al Qaeda presence and creating a direct threat to Western interests.
Topic:
Development, Political Economy, and Sovereignty
Political Geography:
Russia, United States, Iran, Turkey, and Moscow

197. Informelle Politik“ und „informelle Institutionen“: Konzeptionelle Grundlagen, analytische Zugänge und Herausforderungen für das Studium autoritärer und anderer politischer Herrschaftssysteme

Author:
Patrick Köllner
Publication Date:
04-2012
Content Type:
Working Paper
Institution:
German Institute of Global and Area Studies
Abstract:
Understanding and explaining the shape and functioning of systems of political rule requires a focus on their informal elements, which exist alongside and interact with formal elements. And indeed, political science and area studies have long been concerned with various aspects of “informal politics” and “informal institutions”. Based on a survey of relevant literature, I show that the empirically-rich work focusing on the “non-OECD world” has applied the term “informal politics” in different ways, leading to conceptual ambiguity. Moreover, the term informal politics, as used in the literature, tends to lack in terms of conceptual differentiation. In contrast, the conceptual and broader analytical foundations of the study of informal institutions have become more advanced in recent times. Here, I particularly highlight work on different “genetic” types of informal institutions – tradition- and transition-based informal institutions – and on the possible relations between informal and formal institutions. Finally, I suggest that a focus on political regimes is particularly useful for analyzing, from an institutional perspective, the shape and functioning of autocracies (and other systems of political rule). However, the very opacity of such systems of rule as well as practical research obstacles will continue to bedevil the study of informal institutions in autocracies.
Topic:
Democratization, Political Economy, Politics, Political Theory, and Governance

198. From Poverty to Power, 2nd Edition: How active citizens and effective states can change the world

Author:
Duncan Green
Publication Date:
10-2012
Content Type:
Book
Institution:
Oxfam Publishing
Abstract:
Seismic events have convulsed global markets since 2008, when From Poverty to Power was first published. World news has been full of stories reflecting a profound sense of uncertainty about global futures. In response, this new edition of From Poverty to Power has been fully revised and now includes an in-depth analysis of the human impact of the global financial and food crises. From Poverty to Power, 2nd Edition argues that a radical redistribution of power, opportunities, and assets, rather than traditional models of charitable or government aid, is required to break the cycle of poverty and inequality. Active citizens and effective states are driving this transformation. Why active citizens? Because people living in poverty must have a voice in deciding their own destiny and holding the state and the private sector to account. Why effective states? Because history shows that no country has prospered without a state structure that can actively manage the development process. There is now an added urgency: climate change. We need to build a secure, fair, and sustainable world within the limits set by scarce resources and ecological realities. The book is accompanied by a list of blog resources. The From Poverty to Power blog played a key role in shaping the second edition of the book. Selected posts have now been indexed thematically to create an effective list of background material that can be read alongside the book.
Topic:
Civil Society, Climate Change, Globalization, Political Economy, and Poverty
Political Geography:
Global Focus

199. Transforming the Philippines’ Defense Architecture: How to Create a Credible and Sustainable Maritime Deterrent

Author:
Felix Chang
Publication Date:
05-2012
Content Type:
Book
Institution:
Foreign Policy Research Institute
Abstract:
This paper argues that to adequately defend its maritime claims, the Philippines should consider an external defense architecture designed around mobile coastal defense batteries equipped with long-range anti-ship missiles and protected by an integrated air defense umbrella. Such an architecture would provide the Philippines with an effective means to not only counter surface combatants and improve the survivability of its own forces against naval aviation or ballistic missiles, but also do so with lower procurement, maintenance, and operational readiness costs than a traditional force would require. The Philippine government’s new capabilities-based defense budgeting process offers the country an opportunity to study and adopt this sort of defense architecture, which has become increasingly necessary as rising powers, such as China, have begun to test Philippine maritime sovereignty at places like Scarborough Shoal and the Spratly Islands.
Topic:
Defense Policy, Emerging Markets, Political Economy, Maritime Commerce, and Natural Resources
Political Geography:
China and Philippines

200. Tableau de bord des pays d’Europe centrale et orientale et d’Eurasie 2012 (Volume 1 : Europe centrale et orientale)

Author:
Jean-Pierre Pagé, Jacques Rupnik, Céline Bayou, Edith Lhomel, and Catherine Samary
Publication Date:
12-2012
Content Type:
Special Report
Institution:
Centre d'Etudes et de Recherches Internationales
Abstract:
L’Europe centrale et orientale ne se porte globalement pas aussi mal qu’on l’écrit parfois et, d’une certaine manière, nettement mieux que l’Europe occidentale et que la zone euro en particulier. Avant la crise déjà, elle se singularisait par une croissance élevée, qui atteignait 4 % par an en 2008 pour les dix nouveaux membres de l’Union européenne (UE), contre 0,5 % pour les quinze pays de la zone euro. Son taux de chômage était inférieur d’environ 6,5 % à celui constaté dans ladite zone. En outre, dûment chapitrée par les institutions financières internationales, elle pouvait faire état d’une discipline exemplaire en matière de finances publiques, avec une dette qui ne dépassait pas 30 % du PIB pour la grande majorité des seize pays étudiés ici (voir les tableaux synthétiques à la fin de ce chapitre) et était très inférieure à ce niveau pour plusieurs d’entre eux. Quant au déficit des finances publiques, calculé à partir de la moyenne des seize pays, il était inférieur à 3 % du PIB. A tout cela s’ajoute la bonne tenue d’ensemble d’un jeune système bancaire qui, pourtant dépendant de maisons mères occidentales ayant subi le choc de la crise, ne s’est pas effondré malgré les sinistres avertissements des Cassandres : les pays baltes ont bénéficié de liens très forts avec les riches systèmes bancaires de l’Europe du Nord, les pays de l’Europe centrale (à l’exception de la Slovénie) ont su constituer au cours de la transition des banques saines, et les établissements de l’Europe du Sud-Est ont été, au moins momentanément, sauvés par l’action conjuguée des institutions financières internationales dans le cadre des deux « Initiatives de Vienne ».
Topic:
Markets, Political Economy, Politics, Governance, Finance, and Regional Integration
Political Geography:
Eastern Europe, Poland, Lithuania, Estonia, Serbia, Bulgaria, Romania, Macedonia, Albania, Croatia, Latvia, Montenegro, Czech Republic, Central Europe, Slovenia, Slovakia, and Bosnia and Herzegovina