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1021. Two Paths to Dominance: Military Businesses in Turkey and Egypt

Author:
Zeinab Abul-Magd, İsmet Akça, and Shana Marshall
Publication Date:
06-2020
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
Egyptian and Turkish military businesses have used their institutional privileges to dominate their respective economies, but they have key differences. Turkey’s military businesses are centrally managed while Egypt’s use multiple complex conglomerates. In recent years, Turkish and Egyptian military institutions have followed divergent paths in their respective states. After many decades of full or partial control over the government, the Turkish military today is largely marginalized in politics. By contrast, after periods of exclusion from power, the Egyptian military is now in full control of the state. Despite these differences, both military institutions are powerful economic actors within their states. They have developed extensive civilian economic enterprises over the decades, dominating important sectors by capitalizing on their political influence, legal and regulatory privileges unique to their enterprises, and opportunities provided by market liberalization.
Topic:
Government, Economy, Business, and Liberalization
Political Geography:
Turkey, Middle East, and Egypt

1022. COVID-19 Crisis: Timely Reminder for Climate Change

Author:
Margareth Sembiring
Publication Date:
04-2020
Content Type:
Commentary and Analysis
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
The COVID-19 outbreak disrupted our daily lives and impacted national economies. Amidst the virus turmoil, our natural surroundings have benefited from the slowdown. The global community needs to make a concerted effort to rethink our approach to economic growth to avert a climate crisis.
Topic:
Climate Change, Environment, Economy, and COVID-19
Political Geography:
Global Focus

1023. Pandemic Fatigue: Re-Examining Re-Opening’s Logic

Author:
Jose M. L. Montesclaros and Mely Caballero-Anthony
Publication Date:
07-2020
Content Type:
Commentary and Analysis
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
Many economies have already started to re-open in spite of growing COVID-19 active cases, but it may be for the wrong reasons, and some may be premature. Analysing the healthcare and fiscal capacity of countries provides insights on framing the logic of re-opening.
Topic:
Health, Economy, Pandemic, and COVID-19
Political Geography:
Global Focus

1024. Israel and the European Union: Enemies, A Love Story

Author:
David Walzer
Publication Date:
11-2020
Content Type:
Policy Brief
Institution:
Mitvim: The Israeli Institute for Regional Foreign Policies
Abstract:
Israel and the European Union (EU) have built a special, strategic relationship over decades, since the 1960s. Following centuries of war, two world wars, tens of millions dead and destruction across the continent, the EU can be declared as the most successful expression of Europeans’ aspiration for peace and prosperity. With a population of 450 million, the EU is not only Israel’s biggest trade partner, it is also the biggest and most generous aid donor to the Palestinian Authority (PA), without which Israel would be forced to allocate extensive budgetary resources for the PA’s preservation and its commitments. Moreover, a large part of the Jewish people in Israel and the Diaspora has its roots in Europe. Many Israelis aspire to the continent’s standards of moral and cultural values and to its political systems. At the same time, many in Europe see Israel and the Israelis as members of the European family. Agreements on economic, trade, science, and other matters of vital value to Israel have been signed over the years within the framework of the special relationship that has developed with the EU.
Topic:
International Relations, Foreign Policy, Diplomacy, European Union, Economy, and Trade
Political Geography:
Europe, Middle East, Israel, and Palestine

1025. Israel and the Environment in the Mediterranean Basin

Author:
Mitvim
Publication Date:
06-2020
Content Type:
Working Paper
Institution:
Mitvim: The Israeli Institute for Regional Foreign Policies
Abstract:
This paper focuses on climate change in the Eastern Mediterranean Basin and the challenges and opportunities which it presents Israel. It is based on the main points raised at the fifth meeting of the research and policy group on “Israel in the Mediterranean” held at the IDC School of Sustainability in Herzliya on February 13, 2020 at the initiative of the Mitvim Institute, the Hebrew University’s Leonard Davis Institute for International Relations and Haifa University’s National Security Studies Center. The paper highlights the vulnerability of the Eastern Mediterranean Basin to the climate change crisis, the key challenges it poses to different aspects of life in the region, as well as the opportunities for Israel and for regional cooperation in tackling it. The paper sums up the discussions and presentations at the meeting and does not reflect agreement among all participants.
Topic:
International Relations, Climate Change, Diplomacy, Regional Cooperation, and Economy
Political Geography:
Middle East, Israel, Palestine, and Mediterranean

1026. Israel and the Mediterranean Basin Amid the Coronavirus Crisis

Author:
Mitvim
Publication Date:
06-2020
Content Type:
Policy Brief
Institution:
Mitvim: The Israeli Institute for Regional Foreign Policies
Abstract:
This paper focuses on the impact of the coronavirus on Israel’s relations with the Mediterranean Basin. It is based on the main points raised at the sixth meeting of the research and policy group on “Israel in the Mediterranean” held on May 14, 2020 at the initiative of the Mitvim Institute, the Hebrew University’s Leonard Davis Institute for International Relations and Haifa University’s National Security Studies Center. The paper highlights the key insights emerging from the Eastern Mediterranean’s handling of the coronavirus epidemic, including the importance of regional cooperation for Israel’s national resilience, the strengthening of Israel’s alliance with Greece and Cyprus, the economic importance of the Mediterranean for Israel, the energy crisis and its impact, and Israel’s ties with Arab states. The paper does not reflect agreement among all the meeting participants.
Topic:
Regional Cooperation, Economy, Coronavirus, Pandemic, and Resilience
Political Geography:
Middle East, Israel, Palestine, and Mediterranean

1027. The Differences between the EU’s Differentiation Policy and the BDS Movement

Author:
Maya Sion-Tzidkiyahu and Shira Hirsch
Publication Date:
07-2020
Content Type:
Working Paper
Institution:
Mitvim: The Israeli Institute for Regional Foreign Policies
Abstract:
The differentiation policy led by the European Union (EU) distinguishes between the sovereign State of Israel within the 1967 borders and the occupied territories. The BDS Movement calls for what its initials stand for – boycott, sanctions and divestment – to be inflicted upon the whole State of Israel. Although they differ in essence, public discourse in Israel often confuses the two – whether unintentionally, stemming from ignorance, or intentionally because of certain political views. This paper aims to draw a clear distinction between the two policies in order to enable a more nuanced, less impassioned and more conducive dialogue in Israel and with the EU, along with an uncompromising fight against the BDS movement. The EU’s differentiation policy seeks to maintain trade and cooperation with the State of Israel within its 1967 borders, in adherence to international law and Europe’s consumer protection laws – unlike the BDS movement that seeks to boycott and sanction the entire State of Israel. Recognizing the value of EU-Israel relationship, the EU's differentiation policy aims to incentivize Israel to resume negotiations with the Palestinians. The BDS movement, on the other hand, sets goals (such as revoking the right of return and abrogating the Law of Return) that if fully achieved would mean Israel’s end as a Jewish state. The differentiation policy includes an element of normative condemnation but not delegitimization of the State of Israel as a whole, as espoused by the BDS movement. Whereas the differentiation policy implements existing international law, the BDS movement aspires to change the international perception of Israel even within its 1967 borders. Currently, the economic implications of both the differentiation policy and the BDS movement are negligible. However, in the long term, the threat posed by the BDS activities is greater than that of the differentiation policy, since the BDS is not limited to the settlements. The UN recently issued a list of companies operating in the settlements, which could serve in the future to boycott the settlements and damage major companies that play a significant role in Israel’s economy. The EU does not see any connection between its differentiation policy and the BDS movement, to which some European states oppose.
Topic:
European Union, Economy, Occupation, Borders, and BDS
Political Geography:
Europe, Middle East, Israel, and Palestine

1028. The Role of Economy in US Efforts to Promote Israeli-Arab Peacemaking

Author:
Galia Press-Barnathan
Publication Date:
05-2020
Content Type:
Working Paper
Institution:
Mitvim: The Israeli Institute for Regional Foreign Policies
Abstract:
The Trump Peace Plan follows a familiar American pattern of using economic tools to promote regional peace in the Middle East. This paper puts the recent plan in its appropriate context. More specifically, earlier American strategies of economic peacemaking built on three intellectual approaches: The notion of “commercial peace”, which promises peace by way of economic interdependence; the notion of “capitalist peace”, which focuses on the central and primary role of building market economies within individual states in the region; and the notion of “economic statecraft”, which focuses on the direct use of economic carrots and sticks to push regional actors to make certain policy concessions. The paper explores how these policies have played out over time in US policy in the Middle East, and points to the limits of using economic statecraft to coerce actors into peace.
Topic:
Diplomacy, Economy, Regional Integration, and Peace
Political Geography:
Middle East, Israel, Palestine, and Arab Countries

1029. The rise and fall of import substitution

Author:
Douglas A. Irwin
Publication Date:
07-2020
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics (PIIE)
Abstract:
n the 1950s, many economists believed that import substitution—policies to restrict imports of manufactured goods—was the best trade strategy to promote industrialization and economic growth in developing countries. By the mid-1960s, however, there was widespread disenchantment with the results of such a policy, even among its proponents. This paper traces the rise and fall of import substitution as a development idea. Perhaps surprisingly, early advocates of import substitution were quite cautious in their support for the policy and were also among the first to question it based on evidence derived from country experiences.
Topic:
Economy, Trade Policy, Protectionism, and Imports
Political Geography:
Latin America and Caribbean

1030. Harry Johnson's "case for flexible exchange rates"—50 years later

Author:
Maurice Obstfeld
Publication Date:
07-2020
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics (PIIE)
Abstract:
Fifty years ago, Harry G. Johnson published "The Case for Flexible Exchange Rates, 1969," its title echoing Milton Friedman’s classic essay of 1953. Though somewhat overlooked today, Johnson’s reprise was an important element in the late 1960s debate over the future of the international monetary system. In this Working Paper, Obstfeld lays out the historical context in which Johnson’s “Case” was written and read and then examines Johnson’s main points and sees how they stand up to nearly five decades of experience with floating exchange rates since the end of the Bretton Woods system. He also reviews the most recent academic critiques of exchange rate flexibility and asks how fatal they are to Johnson’s basic argument. He concludes that the essential case for exchange rate flexibility still stands strong.
Topic:
History, Monetary Policy, Economy, Central Bank, and Currency
Political Geography:
North America and United States of America