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51. North Korea Triumphs Again in Diplomacy

Author:
Nicholas Eberstadt
Publication Date:
10-2005
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Contrary to conventional wisdom, which holds the North Korean state to be an unremittingly hostile “negotiating partner,” history actually demonstrates that Pyongyang can be a highly obliging interlocutor under certain very specific conditions. All that is necessary to “get to yes” with the Democratic People's Republic of Korea (DPRK) is to concede every important point demanded by the North Korean side while sacrificing vital interests of one's own. The mid-September “breakthrough” at the six-party talks in Beijing would appear to conform precisely to this long-established pattern. The vaunted outcome—a long-desired “consensus statement” inked by North Korea and the other five governments engaged in protracted discussions over North Korean denuclearization—is being celebrated by diplomatic sophisticates in Seoul, Beijing, Moscow, Tokyo, and Washington.
Topic:
International Relations, Diplomacy, and Nuclear Weapons
Political Geography:
Washington, Beijing, Asia, North Korea, Tokyo, Korea, and Seoul

52. Market Comrades

Author:
R. Glenn Hubbard
Publication Date:
09-2005
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Ceremonial gift-giving is an integral part of doing business in China. The value lies not so much in the gift (whose packaging is often more elaborate), but in the possibility of cementing a mutually beneficial relationship. And so it was a few weeks ago with the headline-grabbing announcement that China would revalue the yuan against the U.S. dollar. The modest gesture may make more possible a comprehensive economic dialogue between China and the United States in the interest of both nations. The announcement on July 21 by the People's Bank of China that it would revalue the yuan, abandoning the eleven-year-old peg of 8.28 yuan per U.S. dollar, caught financial markets by surprise. The jolt led market participants to gauge effects of current (and perhaps future) revaluations on currency values and interest rates. And, some U.S. political leaders claimed a victory in the campaign to blame Chinese “market manipulation” for external imbalances facing the United States.
Topic:
Economics, Emerging Markets, and International Trade and Finance
Political Geography:
United States, China, and Asia

53. Bring Them Home

Author:
Nicholas Eberstadt
Publication Date:
08-2005
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
In the nearly six decades since the United Nations approved the Universal Declaration of Human Rights, more than one constitutional democracy presiding over an ethnically homogeneous populace—governing a nationality, if you will—has been faced with the prospect of a humanitarian crisis afflicting compatriots living beyond its borders. And on more than one occasion, such states have been moved by those same crises to affect the rescue of their countrymen—by welcoming them into the homeland, embracing them as fellow citizens, and permitting them to enjoy the opportunities and benefits of life under secure, constitutional, and democratic rule. The Federal Republic of Germany faced one such crisis in the very earliest days of its existence. That particular humanitarian emergency entailed the plight of the unlucky people who came to be called Vertriebene: ethnic Germans—most of them women and children—who, by no fault of their own, had to flee before the harsh and vindictive specter of Soviet expansion.
Topic:
International Relations, United Nations, and War
Political Geography:
Asia, Soviet Union, and Germany

54. Yuan Answers?

Author:
Phillip L. Swagel
Publication Date:
06-2005
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
If China decides to adopt a flexible exchange rate, as many U.S. policymakers have urged, gains in U.S. exports and national savings in the long term will be offset by higher prices on Chinese goods and higher interest rates in the short term.
Topic:
Economics, International Trade and Finance, and Politics
Political Geography:
China and Asia

55. Free Trade and the 2004 Presidential Race

Author:
Claude Barfield
Publication Date:
10-2004
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Senator John Kerry and President George W. Bush offer distinct visions of how free trade would operate for the next four years. Senator Kerry has staked out a more unilateralist position with promises to review all trade agreements to strengthen labor and environmental sanctions, while President Bush reinstated trade promotion authority and expanded free trade agreements. The next president will face challenges regarding the WTO Doha Round and markets in Latin America and Asia.
Topic:
International Relations, Foreign Policy, Democratization, and Economics
Political Geography:
Asia and Latin America

56. High-Tech Cluster Bombs: Why Successful Technology Hubs Are the Exception, Not the Rule

Author:
Scott Wallsten
Publication Date:
04-2004
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Although success stories do exist, most high-technology cluster-development projects do little to enhance regional economic growth. The taxpayer costs for a wide array of tax incentives offered by politicians to corporations and research institutes as inducements to move facilities into their districts are rarely recouped, and often only wealthy organizations and developers benefit from the projects.
Topic:
International Relations, Foreign Policy, Democratization, and Economics
Political Geography:
Russia, Europe, and Asia

57. The Emptying of Russia

Author:
Nicholas Eberstadt
Publication Date:
02-2004
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Russia, whose birth rates have declined and whose mortality rates have dramatically increased in the last several decades, faces a demographic crisis. Thus far, Russian political leaders have focused on trying to increase birth rates, but a greater sense of urgency must be applied to diminish mortality rates and to respond to health threats, including HIV/AIDS.
Topic:
International Relations, Foreign Policy, Democratization, and Economics
Political Geography:
Russia, Europe, and Asia

58. The Decline of the Communists

Author:
Leon Aron
Publication Date:
10-2004
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Overlooked in the victory of the pro-Kremlin party, United Russia, in the Duma election last December and President Vladimir Putin's overwhelming victory in the presidential election three months later was a milestone in Russia's post-Soviet political history: the precipitous decline of the Communist Party of the Russian Federation (KPRF). The single largest faction in the Duma between 1995 and 2003, the KPRF was reduced to 12 percent of the party-list vote in the Duma poll while the Communist candidate for the presidency, who received 40 percent in the 1996 election and 24 percent in 2000, ended up with 14 percent.
Topic:
Economics, International Organization, and International Trade and Finance
Political Geography:
Russia, Europe, and Asia

59. Privatizing Pensions

Author:
Leon Aron
Publication Date:
07-2004
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Perhaps more than any other structural market reform unfolding today in Russia, pension privatization epitomizes both the enormous progress achieved over the past decade and the equally huge obstacles still ahead on the road to "civilized" liberal capitalism. The reform highlights and tests the quality of key institutions and instruments central to such a system: transparency and liquidity of banks and mutual funds, probity and competence of state regulatory agencies, and stability of equity and bond markets.
Topic:
Economics, International Organization, and International Trade and Finance
Political Geography:
Russia, Europe, and Asia

60. The Putin Restoration

Author:
Leon Aron
Publication Date:
03-2004
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
The Revolution had, indeed, two distinct phases: one in which the sole aim of the French nation seemed to be to make a clean sweep of the past; and a second, in which attempts were made to salvage fragments from the wreckage of the old order. For many of the laws and administrative methods which were suppressed in 1789 reappeared a few years later, much as some rivers after going underground re-emerge at another point, in new surroundings.
Topic:
Democratization, Economics, and Emerging Markets
Political Geography:
Russia, Europe, Asia, and France