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3121. Reporting to the United Nations Register of Conventional Arms

Author:
Paul Holtom, Lucie béraud-Sudreau, and Henning Weber
Publication Date:
05-2011
Content Type:
Policy Brief
Institution:
Stockholm International Peace Research Institute
Abstract:
The key international mechanism for states to report on international arms transfers is the United Nations Register of Conventional Arms (UNROCA). UNROCA was established to build confidence and cooperation between states. The information provided by states to UNROCA is used in analyses of states' intentions and capabilities and in bilateral or regional consultations to help avoid misinterpretations, miscalculations and the exaggeration of threats that can influence arms races and armed conflicts. Information reported to UNROCA is made publicly available. Therefore parliamentarians and interested citizens can use UNROCA to help monitor their government's compliance with its national and international legal obligations regarding the prevention of conflict, human rights violations and, to a degree, illicit arms transfers.
Topic:
Conflict Resolution, Security, Arms Control and Proliferation, United Nations, and Armed Struggle

3122. National reports on arms exports

Author:
Mark Bromley and Henning Weber
Publication Date:
03-2011
Content Type:
Policy Brief
Institution:
Stockholm International Peace Research Institute
Abstract:
Since the early 1990s an increasing number of governments have chosen to publish national reports on their arms exports (see figure 1 and table 1). The initial push to publish national reports on arms exports came from various national parliaments and non-governmental organizations (NGOs) demanding greater oversight of government implementation of arms export policies. Such demands gained particular traction following a spate of arms exportrelated scandals in the 1970s, 1980s and 1990s.
Topic:
Security, Arms Control and Proliferation, International Law, and Law Enforcement

3123. Waking the Nuclear Dragon? NATO's Defence and Deterrence Posture Review

Author:
Trine Flockhart
Publication Date:
11-2011
Content Type:
Policy Brief
Institution:
Danish Institute for International Studies
Abstract:
NATO is currently busy with preparations for a comprehensive Defence and Deterrence Posture Review (DDPR) to be ready for the NATO Chicago Summit in May 2012. Yet despite the hectic activity and despite the importance of the review, almost nothing is being said in public. NATO is well aware of the potential for a damaging nuclear decision crisis in NATO and the outcome of the process seems likely to stay close to the current status quo.
Topic:
Defense Policy, Cold War, Nuclear Weapons, Peace Studies, and Treaties and Agreements
Political Geography:
Chicago

3124. South Korea: The Shifting Sands of Security Policy

Publication Date:
12-2011
Content Type:
Policy Brief
Institution:
International Crisis Group
Abstract:
A year after North Korea shelled an island in the South, killing four people, relations on the peninsula remain tense. South Korea has stepped up its warnings of tough retaliation in the case of further attacks and has frozen most political and economic ties. While Pyongyang has made some efforts to restart talks, it has refused to apologise for the attack and has kept up a torrent of abuse against President Lee Myung-bak, who in turn has maintained his tough line. But the political atmosphere in the South is changing as it enters an election season, with the mood shifting towards a more conciliatory position, including renewed interest in a peace zone in the Yellow Sea.
Topic:
Conflict Resolution, Defense Policy, Diplomacy, Economics, Bilateral Relations, and Sanctions
Political Geography:
Israel, South Korea, North Korea, and Pyongyang

3125. Uncharted Waters: Thinking Through Syria's Dynamics

Publication Date:
11-2011
Content Type:
Policy Brief
Institution:
International Crisis Group
Abstract:
The Syrian crisis may or may not have entered its final phase, but it undoubtedly has entered its most dangerous one to date. The current stage is defined by an explosive mix of heightened strategic stakes tying into a regional and wider international competition on the one hand and emotionally charged attitudes, communal polarisation and political wishful thinking on the other. As dynamics in both Syria and the broader international arena turn squarely against the regime, reactions are ranging from hysterical defiance on the part of its supporters, optimism among protesters that a bloody stalemate finally might end and fears of sectarian retribution or even civil war shared by many, through to triumphalism among those who view the crisis as an historic opportunity to decisively tilt the regional balance of power.
Topic:
Conflict Resolution, Security, Civil War, and Regime Change
Political Geography:
Middle East, Arabia, Arab Countries, and Syria

3126. Timor-Leste's Veterans: An Unfinished Struggle?

Publication Date:
11-2011
Content Type:
Policy Brief
Institution:
International Crisis Group
Abstract:
More than ten years after the formation of Timor-Leste's army and the demobilisation of the guerrilla force that fought for independence, the struggle continues about how to pay tribute to the veterans. The increasingly wealthy state has bought off the threat once posed by most dissidents with an expensive cash benefits scheme and succeeded in engaging most veterans' voices in mainstream politics. This approach has created a heavy financial burden and a complicated process of determining who is eligible that will create new tensions even as it resolves others. A greater challenge lies in containing pressures to give them disproportionate political influence and a formal security role. A careful balance will need to be struck between paying homage to heroes while allowing a younger generation of leaders to grow up to replace them. Failure could block the generational transfer of power necessary for the state's long-term stability.
Topic:
Conflict Resolution, Security, Democratization, Economics, and Insurgency
Political Geography:
Southeast Asia

3127. What Can and Cannot Be Done about Rating Agencies

Author:
Nicolas Véron
Publication Date:
11-2011
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
Credit Rating Agencies (CRAs) are prominent participants in the assessment of credit risk by financial markets. They determine and publish credit ratings, which represent the CRA's opinions on issuers' relative probability of default. The market for credit ratings is currently dominated in most western countries by three players: n Standard Poor's (S) is a division of the McGraw- Hill Companies, a US-based media group whose ownership is dispersed (the largest shareholder is Capital Group, with 12 percent of shares); n Moody's Corporation is an autonomous US-based listed company with dispersed ownership (the largest shareholder is Berkshire Hathaway, with 12.5 percent of shares); n Fitch Ratings is a division of the Fitch Group which is jointly owned by Fimalac, a Paris-based listed investment vehicle (60 percent of shares), and the US-based Hearst Corporation (40 percent of shares).
Topic:
Debt, Economics, Globalization, International Trade and Finance, and Markets
Political Geography:
United States

3128. The United States Should Establish Permanent Normal Trade Relations with Russia

Author:
Gary Clyde Hufbauer and Anders Åslund
Publication Date:
11-2011
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
After 18 years, Russia is finally on the verge of acceding to the World Trade Organization (WTO). No country has struggled for so long to become a member of this important organization. The last impediment was removed on November 9, when Russia and Georgia concluded an agreement on monitoring trade flows across their disputed border. The WTO Working Party, which oversaw the negotiations, then approved Russian accession on November 10, clearing the way for formal membership to be adopted at the WTO ministerial conference to be held December 15–17, 2011 (WTO 2011).
Topic:
Conflict Resolution, Economics, International Trade and Finance, Markets, and Bilateral Relations
Political Geography:
Russia, United States, and Georgia

3129. G-20 Reforms of the International Monetary System: An Evaluation

Author:
Edwin M. Truman
Publication Date:
11-2011
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
With great French fanfare the G-20 committed itself in Seoul, Korea a year ago “to build a more stable and resilient international monetary system (IMS), including by further strengthening global financial safety nets.” As subsequently elaborated by French President Sarkozy and other French government officials, the agenda for IMS reform included five elements: surveillance of the global economy and financial system, the international lender-of-last-resort mechanisms (global financial safety nets), the management of global capital flows, reserve assets and reserve currencies, and IMS governance.
Topic:
Economics, Globalization, International Trade and Finance, Markets, and International Monetary Fund
Political Geography:
Korea

3130. The Current Currency Situation

Author:
William R. Cline and John Williamson
Publication Date:
11-2011
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
The currency markets have been extremely disturbed for the last three months. The period witnessed a major strengthening of the US dollar in September, then the European currency crisis, a recovery of the euro when the markets believed that the crisis was being controlled, and then a rebound of the dollar. In view of these developments, those who follow currency movements need a new guide as to how the current values of currencies compare to our estimates of fundamental equilibrium exchange rates (FEERs). That is the main object of this paper.
Topic:
Economics, Globalization, International Political Economy, and Monetary Policy
Political Geography:
United States and Europe