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2711. The Spanish Hangover

Author:
Daniel Gros and Cinzia Alcidi
Publication Date:
04-2012
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
Spain faces high unemployment and slow growth. This paper focuses on an important source of those problems, namely its housing market. While some adjustment has occurred since Spain's housing bubble burst in 2008, the authors find that house prices and construction need to decrease more to slow Spain's unsustainable accumulation of foreign debt.
Topic:
Debt, Economics, Markets, and Financial Crisis
Political Geography:
Europe and Spain

2712. Syria's Phase of Radicalisation

Publication Date:
04-2012
Content Type:
Policy Brief
Institution:
International Crisis Group
Abstract:
As the 10 April deadline Kofi Annan (the UN and Arab League joint Special Envoy) set for implementation of his peace plan strikes , the conflict ' s dynamics have taken an ugly and worrying turn. Syrians from all walks of life appear dumbfounded by the horrific levels of violence and hatred generated by the crisis. Regime forces have subjected entire neighbourhoods to intense bombardment, purportedly to crush armed opposition groups yet with no regard for civilians. Within the largest cities, innocent lives have been lost due to massive bomb attacks in the vicinity of key security installations. Perhaps most sickening of all have been pictures displaying the massacre of whole families, including the shattered skulls of young children. The first anniversary of what began as a predominantly peaceful protest movement came and went with only scattered popular demonstrations. Instead, there was immeasurable bloodshed.
Topic:
Conflict Resolution, Political Violence, Armed Struggle, and Sectarian violence
Political Geography:
Middle East, Arabia, United Nations, and Syria

2713. Family Planning is the Missing Investment

Publication Date:
03-2012
Content Type:
Policy Brief
Institution:
Aspen Institute
Abstract:
Investments in family planning yield demonstrated social and economic returns in all sectors—food, water, health, economic development—yet are one of the least well-funded areas in global health. More than 215 million women want the ability to choose when and how many children to have yet do not have access to voluntary family planning services.
Topic:
Development, Economics, Gender Issues, Health, and Food

2714. The Freedom Savings Credit: A Practical Step to Build Americans' Household Balance Sheets

Author:
Lisa Mensah, Raymond O'Mara III, Colby Farber, and Robert Weinberger
Publication Date:
02-2012
Content Type:
Policy Brief
Institution:
Aspen Institute
Abstract:
The imbalance of too much debt and not enough assets fuels financial insecurity in many American households. Building Americans' household balance sheets should start with making savings and asset-building incentives more efficient and equitable. Although millions of working Americans currently receive little or no tax incentive to save, modest reforms to our tax code have the potential to dramatically improve their financial futures. The Aspen Institute Initiative on Financial Security (Aspen IFS) proposes the Freedom Savings Credit to create a more equitable and economically efficient savings system that will benefit millions of American households and the nation as a whole.
Topic:
Security, Debt, Economics, and Financial Crisis
Political Geography:
United States and America

2715. Homeland Security and Intelligence: Next Steps in Evolving the Mission

Publication Date:
01-2012
Content Type:
Policy Brief
Institution:
Aspen Institute
Abstract:
American expectations of how their government secures the United States have evolved substantially, especially during the post-9/11 decade. From the post-World War II, 20th-century evolution of the national security architecture in the United States, focused on countering overseas nation-states with conventional forces, we now face requirements to protect at home. And not only to protect, but to prevent: the new, domestic security architecture is targeted more at securing borders, infrastructure, and cyberspace with defensive measures as it is at pursuing any single adversary with offensive measures.
Topic:
Intelligence, Terrorism, and Counterinsurgency
Political Geography:
United States and America

2716. Family Planning Promotes the Demographic Dividend

Publication Date:
12-2012
Content Type:
Policy Brief
Institution:
Aspen Institute
Abstract:
The relationship between population dynamics and economic expansion is complex, but demographic changes play an important role in national development. While it is widely accepted that population growth rates do not have any consistent effect on economic growth, there is one set of population changes that can result in major economic benefits, as well as improved well - being for families and societies. This powerful opportunity is known as the demographic dividend, and it offers the potential to boost economic growth and poverty reduction — but only if government leaders implement sound policies.
Topic:
Demographics, Economics, Government, and Health Care Policy

2717. Would a Southeast Asian rice futures market be feasible, and what of food security?

Author:
Sally Trethewie
Publication Date:
05-2012
Content Type:
Policy Brief
Institution:
Centre for Non-Traditional Security Studies (NTS)
Abstract:
In 2010, it was proposed that Singapore consider hosting an international rice futures market, with cited benefits being enhanced price discovery and price stabilisation. The RSIS Centre for Non-Traditional Security (NTS) Studies hosted an Expert Working Group Meeting in Singapore in March 2012 to discuss the feasibility of this proposal. The market conditions of the Southeast Asian rice sector are seen as an impediment to the operation of an international futures contract, although opinion is divided as to the degree that these conditions would affect a contract. Whether feasible or not, the proposal for a rice futures market raises several issues related to the region's food security, in particular, the potential impact of futures trading on rice price volatility and the livelihoods of smallholder farmers. This NTS Policy Brief provides a summary of these issues and presents considerations for Southeast Asian policymakers.
Topic:
Agriculture, Development, International Trade and Finance, Markets, and Food
Political Geography:
Singapore and Southeast Asia

2718. FDI, catch-up growth stages and stage-focused strategies

Author:
Terutomo Ozawa
Publication Date:
05-2012
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
This is a reply to Francisco Sercovich's commentary on my Perspective on FDI-led industrial takeoff in which I described foreign direct investment (FDI) as an ignition for catch-up industrialization. He emphasized "the rich and nuanced variety of strategic options" (e.g., S policies, engineering education, chaebol-type enterprises for technology absorption, R capabilities), which are, however, relevant only to higher-stages of catch-up, but notto the kick-off stage with which my previous Perspective was concerned. Economic development derives from structural changes at different stages of growth, requiring stages-focused strategies.
Topic:
Development, Economics, International Trade and Finance, Markets, and Foreign Direct Investment

2719. Economic patriotism: Dealing with Chinese direct investment in the United States

Author:
Sophie Meunier
Publication Date:
05-2012
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
China is investing throughout the world, in industries from automobiles to zinc. In the US, Chinese foreign direct investment (FDI) accounted for only 0.25% of total FDI stock in 2010,but it is likely to increase as China diversifies its holdings and seeks to obtain technology, managerial know-how and easier access to US consumers. As these investments multiply, we expect a few cases to attract negative attention in the media and political arena. Chinese companies are predominately state-controlled, raising the specter that they act to fulfill strategic, rather than profit maximizing, goals. China is also an ideological rival, causing irrational concern that Chinese investment in the US may act as a Trojan Horse of Chinese values and politics --fueled by rational concerns about subsidies, piracy, and economic espionage.
Topic:
Economics, International Trade and Finance, and Foreign Direct Investment
Political Geography:
United States and China

2720. Political Reforms in Malaysia: Winds of Change or Hot Air?

Author:
Justina Chen
Publication Date:
05-2012
Content Type:
Policy Brief
Institution:
East-West Center
Abstract:
Since Malaysia Day last September, the administration of Prime Minister Najib Tun Razak has undertaken a whirlwind of legislative and policy reforms—making Najib arguably the most reformist Malaysian prime minister ever. Political pundits remark that the rushed reforms which were undertaken without consultation with key stakeholders are a sign that a general election is imminent, perhaps to be held in less than two months. Over the course of the last six months there have been a record number of legislative forms including: repeal of the infamous Internal Security Act; amendments to the University and University Colleges Act and the Printing Presses and Publications Act; announcement of a minimum wage policy as well as the passing of the Security Offenses Bill and Peaceful Assembly Act.
Topic:
Islam, Politics, Governance, and Law
Political Geography:
Malaysia and Southeast Asia