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131. Lessons Learned From the 2011 Strategic Petroleum Reserve Release

Author:
Blake Clayton
Publication Date:
09-2012
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
On June 23, 2011, the International Energy Agency (IEA) announced plans to coordinate the release of emergency oil stockpiles in an attempt to offset an ongoing loss of crude oil production in Libya. In the six months prior, oil prices had jumped more than 20 percent, as political upheaval in Libya had prevented an estimated 132 million barrels of oil from reaching the market. IEA member country policymakers feared that high oil prices risked undermining a nascent global economic recovery. To combat that threat, twelve IEA member countries made roughly sixty million barrels of crude oil and refined oil products, such as diesel and gasoline, available to the market. The release, which the IEA referred to as the “Libya collective action,” lasted from July 23, 2011, until September 15, 2011. It was only the third time in its nearly thirty-year history that the IEA, which was founded after the 1973 oil crisis, has undertaken a coordinated release, though the United States has unilaterally released strategic stocks on several occasions for reasons that include raising revenue and countering rising heating oil prices.
Topic:
Climate Change, Energy Policy, International Cooperation, International Organization, Oil, and Natural Resources
Political Geography:
Libya

132. Latino Immigrant Entrepreneurs: How to Capitalize on Their Economic Potential

Author:
Alexandra Starr
Publication Date:
07-2012
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Latino immigrant entrepreneurs are making important contributions to the U.S. economy. They have founded highly successful companies in the frozen food, construction, financial services, and high-tech industries. Many of these companies owe their success to cultural connections with Latin American markets abroad and U.S. Latino consumers at home—markets that are set to grow rapidly in the coming years. Small-scale Latino immigrant entrepreneurs, meanwhile, have helped revitalize city commercial strips and small-town Main Streets across the country.
Topic:
Economics, Government, Markets, and Immigration
Political Geography:
Latin America

133. A Global Trust for Rule of Law

Author:
Mark P. Lagon
Publication Date:
10-2012
Content Type:
Policy Brief
Institution:
Council on Foreign Relations
Abstract:
The rule of law is critical for people to have a meaningful opportunity to thrive. Still, for billions of people around the world today, the rule of law exists on paper but not in practice. Even though a theme for the United Nations General Assembly High-Level Panel in fall 2012 is rule of law, various UN programs devoted to rule of law have not had a transformative impact. Traditional intergovernmental institutions will never offer enough to achieve systemic change. To supplement them and achieve what they alone cannot, the United States should take the lead to forge a more nimble partnership with public, private, and nonprofit sectors and establish a Global Trust for Rule of Law (“Global Trust”). Similar to the Global Fund to Fight AIDS, Tuberculosis and Malaria (“Global Fund”), a diverse board of donor states, philanthropists, rule of law experts, and civil society representatives would run this Global Trust. Its purpose would be to build developing nations' capacity to implement rule of law and unleash the potential of marginalized groups worldwide, promoting not only human dignity but, crucially, global economic growth.
Topic:
Development, Economics, Human Rights, International Cooperation, International Law, Non-Governmental Organization, and United Nations
Political Geography:
United States

134. ASEAN's Future and Asian Integration

Author:
Joshua Kurlantzick
Publication Date:
11-2012
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
In a region largely bereft of regional organizations and long divided by the Cold War, the Association of Southeast Asian Nations (ASEAN) has been the most significant multilateral group for the past forty-five years. Since the end of the Cold War, ASEAN has grown increasingly influential. While much of the West and most emerging markets continue to suffer because of the 2008 global recession, the leading ASEAN economies have recovered and are thriving. Perhaps most important, ASEAN has helped prevent interstate conflicts in Southeast Asia, despite several brewing territorial disputes in the region.
Topic:
Cold War, Development, Economics, Emerging Markets, and International Trade and Finance
Political Geography:
United States and Asia

135. Renewed Violence in Iraq

Author:
Douglas A. Ollivant
Publication Date:
08-2012
Content Type:
Policy Brief
Institution:
Council on Foreign Relations
Abstract:
Iraq remains a fragile state deeply traumatized and riven by thirty years of war, sanctions, occupation, and civil strife. Although there are numerous positive signs of progress in Iraq—violence has fallen to its lowest level since 2003, its economy is growing modestly, oil production recently surpassed that of Iran, and foreign investment is beginning to restore infrastructure decayed by years of war and sanctions—the risk of acute instability and renewed conflict remains. Already, in the wake of the U.S. military withdrawal in December 2011, Iraq has seen a fierce political struggle between Prime Minister Nouri al-Maliki and many of his rivals in the Sunni-dominated Iraqiya parliamentary coalition, plus increasing tension with at least some segments of the Kurdish minority. For the positive trends to continue, Iraq will need to contain various threats to internal stability and weather regional turmoil that could worsen significantly in the coming months. The United States has a significant stake in helping Iraq overcome these challenges; Iraq is a critical state within a critical region.
Topic:
Conflict Resolution, Development, Oil, Fragile/Failed State, and Sectarian violence
Political Geography:
United States, Iraq, Middle East, and Arabia

136. Political Unrest in Venezuela

Author:
Patrick D. Duddy
Publication Date:
09-2012
Content Type:
Policy Brief
Institution:
Council on Foreign Relations
Abstract:
In the coming months, Venezuela could experience significant political unrest and violence that lead to the further curtailment of democracy in the country. Presidential elections are scheduled to take place on October 7, 2012. President Hugo Chavez is in the midst of a tough reelection campaign against Henrique Capriles Radonski—the young and energetic governor of the state of Miranda–– who enjoys multiparty support and appears to have a better chance of defeating the incumbent than earlier challengers.
Topic:
Political Violence, Democratization, Development, and Fragile/Failed State
Political Geography:
Latin America and Venezuela

137. Zimbabwe: An Opportunity for Closer U.S.-South Africa Relations

Author:
John Campbell
Publication Date:
08-2012
Content Type:
Policy Brief
Institution:
Council on Foreign Relations
Abstract:
As Zimbabwe moves closer to elections, the prospect for political violence, even civil war, grows. President Robert Mugabe's Zimbabwe African National Union-Patriotic Front (ZANU-PF) and Prime Minister Morgan Tsvangirai's Movement for Democratic Change (MDC) are wrangling over a new constitution and the timing of upcoming elections. The eighty-eight-year-old Mugabe is suffering from cancer and wants elections soon to ensure his "liberation" legacy. At the same time, Mugabe-allied military factions, flush with off-the-books cash from Marange diamonds mined in the eastern part of the country, are mobilizing to stay in power when Mugabe dies. Political murder is on the upswing and Zimbabwe is as tense and divided now as it was during the run-up to the violent 2008 elections.
Topic:
Political Violence, Corruption, Democratization, and Fragile/Failed State
Political Geography:
Africa, United States, South Africa, and Zimbabwe

138. NATO's Victory in Libya

Author:
Ivo Daalder and James Stavridis
Publication Date:
03-2012
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
NATO's operation in Libya has rightly been hailed as a model intervention. The alliance responded rapidly to a deteriorating situation that threatened hundreds of thousands of civilians rebelling against an oppressive regime. It succeeded in protecting those civilians and, ultimately, in providing the time and space necessary for local forces to overthrow Muammar al-Qaddafi. And it did so by involving partners in the region and sharing the burden among the alliance's members. NATO's involvement in Libya demonstrated that the alliance remains an essential source of stability. But to preserve that role, NATO must solidify the political cohesion and shared capabilities that made the operation in Libya possible -- particularly as its leaders prepare for the upcoming NATO summit in Chicago this May.
Topic:
NATO
Political Geography:
Europe, Libya, and Kosovo

139. Rethinking Latin America

Author:
Christopher Sabatini
Publication Date:
03-2012
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
Running down the list of the U.S. State Department's Latin America policy objectives in El País in September 2010, the economist Moisés Naím noted that they focused almost exclusively on domestic concerns: building democratic institutions, promoting local social and economic opportunity, and so forth. These issues were not only given a higher priority in policy toward Latin America than they were for other regions, but they were also issues largely beyond Washington's ability to control. Naím was correct, but the point can be taken further. The focus on politics within Latin American states rather than on relations between them is characteristic not simply of the State Department but also of the Latin American regional studies community in the United States more generally, from where the U.S. policy and advocacy community absorbs much of its personnel and intellectual orientation. Such attitudes have harmed U.S. policy by focusing excessive attention on small countries with little geostrategic influence and fostering the facile notion that political and economic liberalization are the necessary and sufficient criteria for the advancement of all major U.S. interests. This approach has distorted Washington's calculations of regional politics and hampered its ability to counter outside influences and deal sensibly with rising regional powers. U.S. scholars and policymakers need a reminder that development does not mean the end of politics and that twenty-first-century Latin America has its own, autonomous power dynamics. A little realism would go a long way. THAT '80S SHOW When it comes to Latin America, for decades U.S. universities and regional studies centers have focused almost exclusively on matters of comparative politics and political and economic development. In the 1970s and 1980s, the last time scholars paid much attention to the region's international relations, their chief concern was the workings and implications of U.S. hegemony. The issue facing both scholars and policymakers today, however, is what happens as U.S. power declines and new forces in the region emerge, and unfortunately, when it comes to these questions, there is little intellectual capital on which to draw.
Topic:
Economics
Political Geography:
United States and Latin America

140. Chinese Computer Games

Author:
Adam Segal
Publication Date:
03-2012
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
In March 2011, the U.S. computer security company RSA announced that hackers had gained access to security tokens it produces that let millions of government and private-sector employees, including those of defense contractors such as Lockheed Martin, connect remotely to their office computers. Just five months later, the antivirus software company McAfee issued a report claiming that a group of hackers had broken into the networks of 71 governments, companies, and international organizations. These attacks and the many others like them have robbed companies and governments of priceless intellectual property and crucial military secrets. And although officials have until recently been reluctant to name the culprit, most experts agree that the majority of the attacks originated in China. In response, analysts and policymakers have suggested that Washington and Beijing work toward some form of détente, a broad-based agreement about how countries should behave in cyberspace that might eventually turn into a more formal code of conduct. Proponents argue that the two sides' long-term interests are aligned, that one day China will be as dependent on digital infrastructure for economic and military power as the United States is today. As Major General Jonathan Shaw, the head of the British military's Defence Cyber Operations Group, has said, China's “dependence on cyber is increasing, the amount of cybercrime taking place inside that society is huge, and the impact on their economic growth and their internal stability is also going to be huge. . . . There's more common ground than people might suggest.”
Political Geography:
United States, China, Washington, and Beijing