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1181. The Kremlin Emboldened: Putin Is Not Russia

Author:
Vladimir V. Kara-Murza
Publication Date:
10-2017
Content Type:
Journal Article
Journal:
Journal of Democracy
Institution:
National Endowment for Democracy
Abstract:
This essay chronicles Vladimir Putin’s successful efforts to transform Russia from the flawed democracy of the 1990s to the fully fledged authoritarian regime it is today, with falsified elections; censorship of the major media outlets; and repression of the opposition. Yet there are growing numbers of Russians—especially among the young generation—who are prepared to stand up against autocracy and corruption, as demonstrated by the nationwide protests that began in 2017. In the author’s view, the trends (and the demographics) are not in the Kremlin’s favor, and this emerging movement will eventually succeed in bringing the rule of law and democracy to Russia. It is important for Western leaders to maintain dialogue with Russian society and to avoid equating Russia with the current regime.
Topic:
Authoritarianism, Democracy, Repression, Dictatorship, and Censorship
Political Geography:
Russia, Europe, and Eastern Europe

1182. The Kremlin Emboldened: What Is Putinism?

Author:
M. Steven Fish
Publication Date:
10-2017
Content Type:
Journal Article
Journal:
Journal of Democracy
Institution:
National Endowment for Democracy
Abstract:
Under Vladimir Putin, Russia’s ruling class again claims to represent a superior alternative to liberal democracy. How can we theorize this regime? Putinism is a form of autocracy that is conservative, populist, and personalistic. Its conservatism means that Putinism prioritizes maintaining the status quo and avoiding instability. Conservatism also overlaps with Putinism’s populism in crowd-pleasing broadsides against gay rights and feminism, but gives that populism a distinct cast when it comes to questions of social spending and interethnic or interconfessional relations. Finally, as a personalist autocracy, Putinism rests on one-man rule. Yet the identification of the regime with a single person may fatally undermine Putinism’s effectiveness in its self-appointed role as a bulwark against upheaval.
Topic:
Authoritarianism, Democracy, Liberal Order, and Conservatism
Political Geography:
Russia, Europe, and Eastern Europe

1183. Eroding Norms and Democratic Deconsolidation

Author:
Paul Howe
Publication Date:
10-2017
Content Type:
Journal Article
Journal:
Journal of Democracy
Institution:
National Endowment for Democracy
Abstract:
Two recent papers in the Journal of Democracy highlight a disturbing erosion in public support for core democratic principles in a number of Western democracies over the past twenty years. The common assumption is that this trend reflects growing public dissatisfaction with the operation of the democratic system. This paper (focused on the United States and drawing upon World Values Survey data) rejects this interpretation and argues instead that the rise of antidemocratic opinion is more closely linked to shifting social and cultural values, in particular burgeoning antisocial attitudes. Disregard for democratic norms is part of a larger social transformation that has seen rising disengagement and alienation, particularly among younger generations and lower socioeconomic classes.
Topic:
Democracy, Norms, Deconsolidation, and antidemocratic
Political Geography:
Global Focus

1184. Economic Freedom and Mass Migration: Evidence from Israel

Author:
Benjamen Powell
Publication Date:
10-2017
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
The economic case for free immigration is nearly identical to the case for free trade. They both rely on a greater division of labor based on comparative advantage to ensure that allowing the free movement of goods and services or the free movement of people results in greater global wealth. Estimates of the global gains that could be achieved by the global adoption of an open immigration policy are massive, ranging from 50 to 150 percent of world GDP (Clemens 2011). Even a migration of just 5 percent of the world’s poor to wealthier countries would boost world GDP by more than could be gained by completely eliminating all remaining trade barriers to goods, services, and capital flows (Clemens 2011).
Topic:
Economics and Immigration
Political Geography:
Middle East, Israel, and Palestine

1185. China's Future and the Determining Role of the Market for Ideas

Author:
Ning Wang
Publication Date:
01-2017
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
The ultimate success of China’s search for economic prosperity, cultural renaissance, and a “peaceful rise” depends, in large part, on whether a free market for ideas can reemerge and flourish in China. The concept of the “market for ideas” (sixian shichang) was first introduced to a Chinese audience by Ronald Coase and myself in How China Became Capitalist (Coase and Wang 2012, see also Coase 1974). It quickly won acceptance among academics and the media. China is the only leading economy where the production and communication of ideas remains under strict state control. Universities, the primary venue where new ideas are produced, are run by the state. Newspapers, radio and TV stations, and publishers are all controlled by the state; ideas unwelcome by the state have a hard time to see the light of day. Because the freedom to supply ideas, choose ideas, and criticize ideas is severely limited, the creativity of the Chinese people is underutilized and their innovative potential undertapped.
Topic:
Economics, History, and Freedom of Press
Political Geography:
China and Asia

1186. Making Inroads: China's New Silk Road Initiative

Author:
Christine R. Guluzian
Publication Date:
01-2017
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
China’s New Silk Road initiative is a multistate commercial project as grandiose as it is ambitious. Comprised of an overland economic “belt” and a maritime transit component, it envisages the development of a trade network traversing numerous countries and continents. Major investments in infrastructure are to establish new commercial hubs along the route, linking regions together via railroads, ports, energy transit systems, and technology. A relatively novel concept introduced by China’s President Xi Jinping in 2013, several projects related to the New Silk Road initiative—also called “One Belt, One Road” (OBOR, or B&R)—are being planned, are under construction, or have been recently completed. The New Silk Road is a fluid concept in its formative stages: it encompasses a variety of projects and is all-inclusive in terms of countries welcomed to participate. For these reasons, it has been labeled an abstract or visionary project. However, those in the region can attest that the New Silk Road is a reality, backed by Chinese hard currency. Thus, while Washington continues to deliberate on an overarching policy toward Asia, Beijing is making inroads—literally and figuratively— across the region and beyond.
Topic:
Infrastructure, Soft Power, Belt and Road Initiative (BRI), and Trade
Political Geography:
China and Asia

1187. The Japanese Experience with QE and QQE

Author:
John Greenwood
Publication Date:
01-2017
Content Type:
Journal Article
Journal:
The Cato Journal
Institution:
The Cato Institute
Abstract:
This article provides an overview of the three episodes of quantitative easing (QE) pursued by the Bank of Japan (BOJ) since 2001. It begins with a brief account of the initial reluctant shift to unorthodox policies under BOJ Governors Hayami and Fukui in 2001–06 (here designated QE1) and then covers the equally reluctant adoption of QE by Governor Shirakawa in 2010–13 (QE2). The article then turns to an account of the attempt since April 2013 by the BOJ under Governor Kuroda, designated “quantitative and qualitative easing” (QQE), to revive the economy and achieve a 2 percent inflation target. None of these attempts at QE has been successful in raising the broad money growth rate for M2 sustainably above the 2–3 percent per annum range where it has languished for the past 25 years. Consequently, Japan’s attempts at QE have all failed to raise the equilibrium level of Japanese nominal GDP by any material magnitude, and so far, attainment of the 2 percent inflation target under QQE has remained elusive. At the time of writing (October 2016), the Japanese economy therefore continues to grow at a low rate with periodic lapses into deflation. After discussing the case of Japan, the article compares the experience of the United States in 1929–33, when there was no QE, and the experience of 2008–14, when the Fed conducted QE over three periods. The comparison is deliberately focused on the quantitative aspects of the policy, not its interest rate effects. Finally, the article explains that there are two brands of QE, and that the failure of QE in Japan is fundamentally due to the choice of the wrong brand of QE. Given the type of QE that the Japanese authorities have chosen, the policy cannot be expected to succeed, except under limited conditions.1 If QE were to be implemented according to a different design, the prospects of success would be much greater. In brief, the primary reason for the failure of BOJ-style QE or QQE derives from the habitual tendency to buy securities from banks instead of from nonbank private-sector entities (such as nonbank financial firms, nonfinancial firms, households, or foreigners). While QE policy in Japan boosts the monetary base, it does not increase broad money. But it is broad money that drives nominal GDP, not the monetary base.
Topic:
History, Economy, Banks, and Central Bank
Political Geography:
Japan and Asia

1188. Heirs of Abu Bakr: On the Ideology and Conception of History in al-Qaeda and Islamic State

Author:
Jakob Skovgaard
Publication Date:
01-2017
Content Type:
Journal Article
Journal:
Connections
Institution:
Partnership for Peace Consortium of Defense Academies and Security Studies Institutes
Abstract:
This article investigates references to early Muslim history by al-Qaeda and Islamic State, and notes a remarkable difference. While al-Qaeda has traditionally referred to the battles of the early Muslims during the time of the prophet Muhammad, the Islamic State centers its references on the successor to the prophet, the caliph Abu Bakr. Hence, Al-Qaeda, in line with Sayyed Qutb’s notion of a “Qur’anic program,” evokes a mythical past as if it is relived today. The Islamic State, in turn, takes a somewhat more pragmatic line, arguing that events today, like those of the earliest caliphs, are merely the outcomes of human decisions in a post-prophetic and post-Qur’anic age.
Topic:
Terrorism, Violent Extremism, Al Qaeda, and Islamic State
Political Geography:
Global Focus

1189. Islamic State’s Incursion into North Africa and Sahel: A Threat to al-Qaeda?

Author:
Manni Crone
Publication Date:
01-2017
Content Type:
Journal Article
Journal:
Connections
Institution:
Partnership for Peace Consortium of Defense Academies and Security Studies Institutes
Abstract:
The article examines Islamic State’s expansion into North Africa and Sahel and the subsequent rivalry between Islamic State and Al-Qaeda in the Islamic Maghreb − the regional Al Qaeda group. Although IS managed to establish a province in Libya from 2014 through 2016, its presence in North Africa and Sahel (Libya, Sinai, Nigeria) is fragile. AQIM in contrast has a longstanding presence in the region, which appears to be much more consolidated. The rivalry between IS and AQ in this region has incited AQ splinter-groups to unite around AQIM, and in 2016 these groups stepped up their attacks on Western targets.
Topic:
Terrorism, Violent Extremism, Al Qaeda, and Islamic State
Political Geography:
North Africa, Sahel, and Africa

1190. Jihad in Russian

Author:
Flemming Splidsboel Hansen
Publication Date:
01-2017
Content Type:
Journal Article
Journal:
Connections
Institution:
Partnership for Peace Consortium of Defense Academies and Security Studies Institutes
Abstract:
While Russia’s military involvement in the war in Syria has received great attention, less focus has been directed at the foreign fighters from Russia and other post-Soviet states who have joined the Islamic State and other Jihadist groups. The emergence of these Jihadists has been a gradual process, which began in the 1990s, and it has now led to a situation where an estimated 7,000 Russians and 3,000 Central Asians are fighting in Syria. These figures present a challenge for the various states fighting the Jihadist groups, but they pose a much greater problem for the Russian and other national authorities, who will have to handle the fighters, when they return home.
Topic:
Terrorism, Violent Extremism, Islamic State, and Jihad
Political Geography:
Russia, Europe, Middle East, and Syria