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2632. Now or Never: A Negotiated Transition for Syria
- Publication Date:
- 03-2012
- Content Type:
- Policy Brief
- Institution:
- International Crisis Group
- Abstract:
- One year into the Syrian uprising, the level of death and destruction is reaching new heights. Yet, outside actors – whether regime allies or opponents – remain wedded to behaviour that risks making an appalling situation worse. Growing international polarisation simultaneously gives the regime political space to maintain an approach – a mix of limited reforms and escala ting repression – that in the longer run is doomed to fail; guarantees the opposition' s full militarisation, which could trigger all - out civil war; and heightens odds of a regional proxy war that might well precipitate a dangerous conflagration. Kofi Annan' s appointment as joint UN/Arab League Special Envoy arguably offers a chance to rescue fading prospects for a negotiated transition. It must not be squandered. For that, Russia and others must understand that, short of rapidly reviving a credible political track, only an intensifying military one will remain, with dire consequences for all.
- Topic:
- Conflict Resolution, Political Violence, and Regime Change
- Political Geography:
- Middle East, Arabia, and Syria
2633. Prospects for youth-led movements for political change in Pakistan
- Author:
- Michael Kugelman
- Publication Date:
- 03-2012
- Content Type:
- Policy Brief
- Institution:
- International Peace Institute
- Abstract:
- This policy brief assesses the potential for two types of youth-led political change movements in Pakistan. One is an Arab Spring-like campaign, fuelled by demands for better governance and new leadership. The other is a religious movement akin to the Iranian Revolution of 1979, which seeks to transform Pakistan into a rigid Islamic state. The brief discusses the presence in Pakistan of several factors that suggest the possibility of the emergence of an Arab Spring-type movement. These include economic problems; corruption; a young, rapidly urbanising and disillusioned population; youth-galvanising incidents; and, in Imran Khan, a charismatic political figure capable of channelling mass sentiment into political change.
- Topic:
- Corruption, Economics, Youth Culture, Political Activism, and Popular Revolt
- Political Geography:
- Pakistan and South Asia
2634. This Time Is Not Different: Blaming Short Sellers
- Author:
- Pierre Siklos
- Publication Date:
- 03-2012
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- Reinhart and Rogoff's timely volume, This Time Is Different: Eight Centuries of Financial Folly (2009), makes it abundantly clear that financial crises are protracted affairs. The title of this policy brief highlights the irony of lessons never learned. History, in the form of recurring economic crises, does indeed repeat itself. Nevertheless, a closer look at Reinhart and Rogoff's often-publicized conclusion reveals that there are remarkable variations across individual countries' experiences, as well as across time. For example, the actual severity of crises can be exacerbated when a banking crisis is accompanied by a currency crisis. Most importantly, the severity of the recession that typically accompanies all types of financial crises is often determined by the response of policy makers.
- Topic:
- Economics, International Trade and Finance, Markets, Global Recession, Monetary Policy, and Governance
2635. Brazil as an Emerging Environmental Donor
- Author:
- Kathryn Hochstetler
- Publication Date:
- 02-2012
- Content Type:
- Policy Brief
- Institution:
- Centre for International Governance Innovation
- Abstract:
- Brazil has always focused on development strategies, but it has recently shifted more attention, on balance, from thinking of its own development to offering assistance to other countries in their national efforts. Former President Lula da Silva has argued that Brazil's own experience with solving problems in inauspicious conditions makes it a particularly good partner for other developing countries (Instituto de Pesquisa Econômica Aplicada [IPEA] and Agência Brasileira de Cooperação [ABC], 2010: 7). Brazil self-consciously approaches its external development assistance from the perspective of a recipient, endorsing an egalitarian “solidarity diplomacy” that stresses holistic development in its partners. The ultimate aim is “sustainable growth,” which includes “social inclusion and respect for the environment” (IPEA and ABC, 2010: 32-33).
- Topic:
- Development, Diplomacy, Environment, and Foreign Aid
- Political Geography:
- Brazil and Latin America
2636. How Verbal Threats to Close Oil Transit Chokepoints Lead to Military Conflict
- Author:
- John Bowlus
- Publication Date:
- 01-2012
- Content Type:
- Policy Brief
- Institution:
- Global Political Trends Center
- Abstract:
- On December 26, 2011, in response to US, European, and potential Asian sanctions on Iranian oil exports, the government in Tehran issued a threat to “cut off the Strait of Hormuz.” The US Defense Department responded that any blockade of the strait would be met with force. On first read, it is easy to dismiss such saber rattling as another chapter in the new Cold War in the Middle East between Iran and its allies – including Syria, Hamas, and Hezbollah – and the US, Israel, and the Sunni Gulf States, mostly notably Saudi Arabia. Iran has since backed away from its threat, but the event still carries importance because it is unclear how both the US and Iran will continue to respond, particularly as the diplomatic and economic pressures grow more acute while Iran's controversial nuclear program advances. Could such a verbal threat by Iran to cut off the Strait of Hormuzignite a military conflagration in the region? The relationship between military conflict and oil supply disruptions is well established; however, policymakers and analysts tend to focus on the incidents in which military conflict causes disruptions in oil supplies and sharp increases in prices. The first and most obvious example of this dynamic was the Arab-Israeli War of 1973. The subsequent oil embargo by the Arab members of the Organization for Petroleum Exporting Countries (OPEC) against the United States and the Netherlands for their support of Israel caused prices to soar as oil-consuming nations endured supply shortages. The Iranian Revolution from 1978 to 1979 was another event that curtailed Western nations' access to oil and caused prices to spike. When thinking about the relationship between military conflict and oil supply disruptions, however, policymakers and analysts should also recognize that the competition over oil – and even verbal threats to disrupt oil supplies by closing oil transit chokepoints – have either led directly to military conflict or have provided a useful cover under which countries have initiated military conflict. By examining past episodes when countries issued threats to close oil transit chokepoints, this Policy Brief helps illuminate the dangers associated with the current crisis over the Strait of Hormuz.
- Topic:
- Foreign Policy, Diplomacy, Economics, and Sanctions
- Political Geography:
- United States, Europe, Middle East, Asia, and Arabia
2637. Gold Exchange Standard in its 40th Year of Abolition: Jacques Rueff Re-Visited
- Author:
- Onur Bayramoğlu
- Publication Date:
- 03-2012
- Content Type:
- Policy Brief
- Institution:
- Global Political Trends Center
- Abstract:
- While the post-war international monetary system that evolved under the leadership of the U.S. dollar has secured credit abundance – and hence contributed to global growth – the system has also revealed its deficiencies already by 1950's. In contrary to the 1930's when the world's main problem was chronic deflation; two decades later, the problem has become chronic inflation and fiscal deficits. Since then many blamed the indiscipline of the Keynesian school of thought and the inability of the U.S. dollar to become a global “public good” by being a stable international currency. In this Policy Brief, I overview the many aspects of the post-war international monetary system through the lens of the post-war French economist, Jacques Rueff, and question the applicability of his longproposed gold standard in today's highly integrated and speculative money markets.
- Topic:
- Economics, International Trade and Finance, Markets, Monetary Policy, and Financial Crisis
- Political Geography:
- United States
2638. Cooperating with China in Africa
- Publication Date:
- 02-2012
- Content Type:
- Policy Brief
- Institution:
- Danish Institute for International Studies
- Abstract:
- OECD donors, international organisations and non-governmental organisations are increasingly cooperating with China in Africa. This policy brief offers recommendations for policy-makers on how to lay the groundwork for such cooperation. It also stresses that the involvement of African partners is critical in fully realizing the benefits such cooperation can provide for sustainable development.
- Topic:
- Foreign Policy, Development, Diplomacy, Economics, Foreign Aid, and Foreign Direct Investment
- Political Geography:
- Africa and China
2639. In search of food security: Addressing opacity and price volatility in ASEAN's rice sector
- Author:
- Sally Trethewie
- Publication Date:
- 03-2012
- Content Type:
- Policy Brief
- Institution:
- Centre for Non-Traditional Security Studies (NTS)
- Abstract:
- Given that volatility in rice prices is expected to continue, governments in Southeast Asia should consider policy measures to address the factors that impact price formation and stability. The non- transparent nature of the way rice is traded in Southeast Asia is contrary to the free-trade rationale of ASEAN agricultural trade policy and food security frameworks. The underlying dynamic of opacity (of information) is the reason for policy decisions that contribute to instability in rice price formation. In particular, limited information on the availability of rice and composition of trade deals results in misinformed purchasing behaviour, particularly during price shocks. The lack of transparency perpetuates distrust in the regional rice market, leading countries to disengage from the market and instead pursue economically inefficient self- sufficiency strategies.
- Topic:
- Security, Agriculture, International Trade and Finance, Markets, and Food
- Political Geography:
- Southeast Asia
2640. Is Chinese FDI pushing Latin America into natural resources?
- Author:
- Miguel Pérez Ludeña
- Publication Date:
- 03-2012
- Content Type:
- Policy Brief
- Institution:
- Columbia Center on Sustainable Investment
- Abstract:
- Chinese foreign direct investment (FDI) in Latin America is a recent phenomenon. Although the China National Petroleum Corporation and other companies have been present in Peru, Ecuador and Venezuela since the early 1990s, large projects have been pursued only since 2006, following an extended period of high commodity prices. The Economic Commission for Latin America and the Caribbean (ECLAC) estimated that there were US$ 15 billion of Chinese FDI inflows into Latin America in 2010, 90% of which were in extractive industries. This further contributed to the already high percentage of Chinese FDI flows to the region that are in natural resources. At a time of high economic growth fueled by commodity exports and strong currency appreciation (particularly in Brazil), FDI into extractive industries strengthens the region's specialization in primary products at the expense of manufacturing and other activities.
- Topic:
- Economics, International Trade and Finance, Markets, Natural Resources, and Foreign Direct Investment
- Political Geography:
- China, Brazil, Latin America, and Peru