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Begin New Search Publishing Institution American Enterprise Institute for Public Policy Research Publication Year within 10 Years

11. China’s global investment vanishes under COVID-19

Author:
Derek Scissors
Publication Date:
07-2020
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
As expected given COVID-19, China’s construction and, especially, investment around the world plunged in the first half of 2020. The decline may be exaggerated by Chinese firms not wanting to report global activity, but Beijing’s happy numbers are not credible. From what little can be discerned, the Belt and Road Initiative is becoming more important, primarily because rich countries are more hostile to Chinese entities. American policy needs to shift. Incoming Chinese investment is now extremely small, but technology is still being lost due to lack of implementation of export controls. Growing American portfolio investment in China is unmonitored and may support technology thieves, human rights abusers, and other bad actors.
Topic:
Foreign Policy, Investment, and COVID-19
Political Geography:
China, Asia, North America, and United States of America

12. China’s global investment in 2019: Going Out goes small

Author:
Derek Scissors
Publication Date:
01-2020
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Chinese investment and construction around the world contracted in 2019, regardless of Beijing’s claims to the contrary. However, the decline is concentrated in large, headline-winning deals, and Chinese firms remain active on a smaller scale. A contraction in acquisitions in rich economies has boosted the relative importance of greenfield spending. The number of countries in the Belt and Road continues to expand, and power plant and transport construction continues to be preeminent. American policymakers were initially spurred to act by intense Chinese investment in 2016. This has dropped sharply, but there are challenges related to investment review that are more important, starting with strengthening export controls.
Topic:
Foreign Policy, Economy, Belt and Road Initiative (BRI), and Investment
Political Geography:
China and Asia

13. Iran’s reserve of last resort: Uncovering the Islamic Revolutionary Guard Corps Ground Forces order of battle

Author:
Frederick W. Kagan, Nicholas Carl, and Marie Donovan
Publication Date:
01-2020
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
The Islamic Revolutionary Guard Corps Ground Forces are organized around headquarters that are meant to coordinate the operations of Iranian paramilitary forces and support the Quds Force’s use of proxy groups such as Iraqi Shi’a militias abroad. Their basing in Iran indicates a primary focus on suppressing internal unrest and waging irregular warfare in the rear of an invader rather than on defending against an invasion conventionally. Their organizational structure and the pattern of their operations in Syria suggest that they might be challenged to coordinate large-scale (multi-division) operations abroad and possibly at home. The fact that the Iranian leadership has not yet had to use them on a large scale to suppress growing domestic unrest suggests that the regime still has a potent reserve force to ensure its survival even if the unrest grows considerably, as long as it does not also face a requirement for large-scale military operations abroad.
Topic:
Foreign Policy, Armed Forces, Qassem Soleimani, and Islamic Revolutionary Guard Corp (IRGC)
Political Geography:
Iran, Middle East, and Syria

14. Culture and dynamism in cities

Author:
Aaron M. Renn
Publication Date:
02-2020
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
The culture of particular places, often developed and cast into institutional form during their founding period, affects their economy in important and understudied ways. Case studies suggest several cultural traits can potentially help places be more economically successful over the long term: (1) open civic networks, which help places better adapt to change; (2) investment in civic leadership and institution building by local elites; and (3) an emphasis on education and rewarding excellence. Civic culture is difficult to change. Doing so requires first acquiring a deep understanding of it and then focusing on the most addressable areas for change, such as incubating new relationships and connections between different actors in the community.
Topic:
Civil Society, Poverty, Culture, and Cities
Political Geography:
North America, Global Focus, and United States of America

15. A stagnant China in 2040, briefly

Author:
Derek Scissors
Publication Date:
03-2020
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
There is a considerable chance China will stagnate by 2040, with gross domestic product growth at 1–1.5 percent. The process has started, seen most clearly in stark trends for debt and aging, but better-quality data on productivity would clarify how far along stagnation is and whether it at some point reverses. China shows no sign of adopting pro-productivity reform. It will not spur growth by leveraging or bolster a shrinking labor force through current population and education policy. Innovation will help, but a large economy requires broad innovation, and the party dislikes competition. A twist comes from China’s global position, which will not deteriorate much. Outbound investment has retrenched, and the yuan’s rise was exaggerated. Consumption exports and commodities imports will stall. But China will easily be a top-two market in most sectors, and other countries are not acting to displace it. Instead, localization will occur. Commodities producers and some developing countries will lose, the latter as Chinese capital dries up. Countries that make difficult reforms will win. Consumer goods will see inflation, but innovation will be healthier with less Chinese influence. American firms will seek new pastures, and Chinese stagnation means production may relocate to the US.
Topic:
Foreign Policy, Defense Policy, GDP, and Economic growth
Political Geography:
China and Asia

16. The cost of cargo preference for international food aid programs

Author:
Vincent H. Smith
Publication Date:
03-2020
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
The federal government annually appropriates funds for food aid programs that the US Agency for International Development manages to benefit some of the neediest individuals in the world. This report analyzes how one interest group, the US maritime industry, has managed to obtain rents from the Title II food aid program through cargo preference requirements in the name of national security. We find that removing cargo preference requirements would allow for between $36 and $64 million of already appropriated funds to go to feeding the hungry and would benefit US soft power globally.
Topic:
Maritime, USAID, Mercantile Policy, and Food Assistance
Political Geography:
North America, Global Focus, and United States of America

17. China’s economic ‘miracle’ in context

Author:
Derek Scissors
Publication Date:
08-2019
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Contrasting China at various stages of reform to Japan and Korea at analogous stages shows China as less successful. The payoff is personal income, where China’s growth in local currency terms is similar to Japan’s. But it is slower than Korea’s, and, in comparable dollar terms, China is far behind Korea and Japan 40 years into the respective “miracles.” In evaluating key contributors to income gains—agricultural productivity, labor quantity and quality, leveraging, and innovation—China failed to extend education in the first 25 years of reform. A recent failure is the explosion in leveraging in the past decade. Other indicators of success roughly match Japan but trail Korea. China’s size makes it important even with less development success. For example, Chinese research and development spending affects the world while being inadequate to offset aging and indebtedness. When projecting economic size, though, trend extension is misleading. Korea and Japan illuminate how innovation and other factors will alter China’s trajectory.
Topic:
Foreign Policy, Defense Policy, Economics, and Reform
Political Geography:
Japan, China, Asia, and Korea

18. Development assistance and counterterrorism

Author:
Jessica Trisko Darden
Publication Date:
09-2019
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
US counterterrorism policy must draw on all available tools to succeed. This includes combining security, development, and humanitarian assistance when necessary to target environments that enable violent extremism to flourish. US foreign development assistance can effectively support counterterrorism efforts when centered on four pillars: (1) prioritizing local physical security, (2) responding to humanitarian need, (3) improving governance, and (4) targeting and tailoring programming to local contexts. A refined development approach to counterterrorism should more effectively target at-risk populations, address local governance concerns, and shape economic conditions in ways that support America’s counterterrorism goals.
Topic:
Foreign Policy, Defense Policy, Terrorism, and Development Aid
Political Geography:
North America, Global Focus, and United States of America

19. Mapping economic diversification across the Gulf Cooperation Council

Author:
Karen E. Young
Publication Date:
09-2019
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
The economies of the Gulf Cooperation Council (GCC) remain heavily reliant on natural resource revenue as a source of government spending and a driver of growth. Diversification efforts now often include new ways to generate revenue through state investments in energy projects abroad (including refining and petrochemical production) and national oil companies. Since 2015, the GCC countries have become more competitive with each other in altering their policy landscapes to streamline fiscal expenditure and attract foreign investment and resident investors. There is significant variation in policy approaches to foreign labor and tax. Each of these governments faces enormous strains on public finances and challenging economic outlooks, due to depressed oil prices, demographic pressures, high unemployment rates, and a lack of economic diversification. Debt has become a tool of choice, but the capacity to repay and the capacity to grow are both beginning to differentiate the GCC states.
Topic:
Foreign Policy, Defense Policy, Government, Natural Resources, and Economy
Political Geography:
Middle East, Gulf Cooperation Council, and Gulf Nations

20. China’s changing family structure: Dimensions and implications

Author:
Nicholas Eberstadt, Ashton M. Verdery, Zeng Yi, Wang Zhenglian, Wang Feng, Shen Ke, Cai Yang, David E. Scharff, Jacqueline Deal, and Michael Szonyi
Publication Date:
09-2019
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Over 2,500 years of family tradition in China is on an unavoidable collision course with 21st-century China’s new demographic realities. The demographic forces transforming the Chinese family are extraordinary and historically unprecedented. Curiously, despite the small library of studies on population change in modern China, little has been written on what these changes in the Chinese family portend. This cross-disciplinary volume is an exploratory foray into that intellectual terra incognita. The chapters in this volume describe the demographic dimensions of the changes in family structure already underway and visible out to the horizon, as well as their implications for China’s people, economy, and role in the world. The volume features works by authors Ashton M. Verdery; Zeng Yi and Wang Zhenglian; Wang Feng, Shen Ke and Cai Yong; David E. Scharff; and Jacqueline Deal and Michael Szonyi—leading scholars in their respective fields.
Topic:
Foreign Policy, Defense Policy, Demographics, and Family
Political Geography:
China and Asia