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591. Can Iraq Be Democratic?

Author:
Patrick Basham
Publication Date:
01-2004
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
Is Iraq capable of moving smoothly from dictatorship to democracy? This paper contends that the White House will be gravely disappointed with the result of its effort to establish a stable liberal democracy in Iraq, or any other nation home to a large population of Muslims or Arabs, at least in the short to medium term.
Topic:
Democratization and War
Political Geography:
United States, Iraq, and Middle East

592. At a Crossroads in Afghanistan: Should the United States Be Engaged in Nation Building?

Author:
Subodh Atal
Publication Date:
09-2003
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
Despite progress in the return of refugees and the prevention of humanitarian disasters, stability in Afghanistan is threatened by ethnic tension, feuding warlords, and violence perpetrated by regrouping elements of the Taliban and their allies. The United States is being asked to increase its level of commitment to rebuilding Afghanistan as a means of stabilizing the country, even as American troops battle the resurgent Islamic extremists who operate along the Afghan-Pakistan border.
Topic:
Foreign Policy, Development, and Politics
Political Geography:
Afghanistan, United States, America, Middle East, Taliban, and Arabia

593. Monetary Options for Postwar Iraq

Author:
Steve H. Hanke and Matt Sekerke
Publication Date:
09-2003
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
Following a swift military campaign to remove the Saddam Hussein government in Iraq, it has become clear that preparations for the postwar period have been inadequate and that the occupying forces lack a workable exit strategy. Specifically, the Coalition Provisional Authority has failed to anticipate the challenges that face the postwar Iraqi economy, including the introduction of sound money to facilitate exchange.
Topic:
Development, Economics, and International Political Economy
Political Geography:
Iraq, Middle East, and Arabia

594. The New Approach to Foreign Aid: Is the Enthusiasm Warranted?

Author:
Ian Vásquez
Publication Date:
09-2003
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
The failure of past foreign aid programs has given rise to a new consensus on how to make foreign aid effective. According to the new approach, aid that goes into poor countries that have good policies and institutions is highly effective at promoting growth and reducing poverty. Disbursing aid to countries that have good policies contrasts with the traditional practice of providing aid to countries irrespective of the quality of their policies or providing aid to promote policy reforms. President George Bush's proposed foreign aid initiative, the Millennium Challenge Account, is based on the selective approach to foreign assistance, as are, in large part, the World Bank's calls to double foreign aid flows worldwide.
Topic:
Debt, Economics, International Political Economy, International Trade and Finance, and Third World

595. Reauthorize or Retire the Overseas Private Investment Corporation?

Author:
Ian Vásquez and John Welborn
Publication Date:
09-2003
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
The Overseas Private Investment Corporation is a government agency that provides loans and investment insurance to U.S. companies doing business around the world. Its four-year, renewable charter will expire in September 2003. Proponents of OPIC claim that the agency helps the U.S. economy and promotes economic development abroad.
Topic:
Economics, International Political Economy, and International Trade and Finance
Political Geography:
United States

596. Missile Defense: Defending America or Building Empire?

Author:
Charles V. Peña
Publication Date:
05-2003
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
The rationale for missile defense put forward by its advocates is often a “doom and gloom” picture: America and its citizens are defenseless against the threat of ballistic missiles, and missile defense is supposed to protect the American people. The administration's vision of missile defense is not just a global system that protects the United States against long-range missiles but a global system capable of engaging all classes of ballistic missiles to protect U.S. forces deployed worldwide, U.S. allies, and other friendly countries. Thus, the purpose of missile defense is extended well beyond protecting America and Americans.
Topic:
Foreign Policy, Defense Policy, and Nuclear Weapons
Political Geography:
United States and America

597. Wrong War, Wrong Place, Wrong Time: Why Military Action Should Not Be Used to Resolve the North Korean Nuclear Crisis

Author:
Doug Bandow
Publication Date:
05-2003
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
Ever since North Korea's dramatic revelation that it was producing materials that could be used to make nuclear weapons, the Bush administration has considered a range of policy options—including a military strike on North Korean nuclear facilities. Although the administration officially dismisses such talk, President Bush has left the military option on the table, and influential advisers outside of the administration have openly called for military action along the lines of the Israeli attack on Iraqi nuclear facilities at Osirak in 1981.
Topic:
Foreign Policy and Defense Policy
Political Geography:
United States, Iraq, Israel, and North Korea

598. The IMF's Dubious Proposal for a Universal Bankruptcy Law for Sovereign Debtors

Author:
Anna J. Schwartz
Publication Date:
03-2003
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
The International Monetary Fund has proposed a universal bankruptcy tribunal to deal with sovereign debt restructuring. But does the international financial system really need such a mechanism? There has been little demand by sovereign borrowers or their creditors for a universal bankruptcy law, and few countries have had to enter into debt restructuring procedures. The absence of such a law does not appear to have created chaotic conditions even in those cases.
Topic:
Economics, International Organization, International Political Economy, and International Trade and Finance

599. The China-Taiwan Military Balance: Implications for the United States

Author:
Ivan Eland
Publication Date:
02-2003
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
China's economy is four times the size of Taiwan's and apparently growing at a faster rate; that economic disparity between China and Taiwan could eventually lead to a military disparity as well. Nonetheless, even an informal U.S. security guarantee for Taiwan against nuclear-armed China is ill-advised. Taiwan is not strategically essential to America's national security. Moreover, China has significant incentives to avoid attacking Taiwan. Perhaps the most crucial is that hostile behavior toward Taiwan would jeopardize China's increasing economic linkage with the United States and other key countries.
Topic:
Security and Defense Policy
Political Geography:
United States, China, America, Taiwan, and Asia

600. Are Our Troops Ready for Biological and Chemical Attacks?

Author:
Eric R. Taylor
Publication Date:
02-2003
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
As war with Iraq becomes imminent, U.S. military readiness takes center stage. Concerns about readiness focus not only on our ability to successfully attack Iraq but on our ability to defend U.S. forces against an enemy regime that, if its existence is threatened, could have every incentive to use weapons of mass destruction. In any war with Iraq, military experts worry most about attacks with chemical and biological weapons. They have reason to worry, given the U.S. military's lack of preparedness for such attacks.
Topic:
Security and Weapons of Mass Destruction
Political Geography:
United States, Iraq, and Middle East