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2172. Russia and the Global Meltdown: Domestic and Foreign Policy Responses to the International Financial Crisis
- Author:
- Robert Jellinek
- Publication Date:
- 03-2009
- Content Type:
- Working Paper
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- This paper has its origins in the observation that government responses to the global financial crisis are as much political phenomena as they are economic. The current global financial crisis, among its many consequences, has on a very high level shaken up the world political order. And while the crisis is international in origin—its roots lie in the breadth and the degree of the dispersal of risk associated with mortgagebacked securities, as well as the growing imbalance in international capital flows—its resolution is necessarily being carried out first and foremost on a domestic level. This is not least of all because, in the decade since the Asian financial crises, states have begun to play a dramatically increased role in international finance in relation to both multilateral financial institutions such as the IMF and traditional private actors. In an age where global economic ties are integral to domestic economies and where states themselves are becoming some of the biggest players in international capital markets, a state's global financial standing will more than ever determine its political clout on the world stage. With states acting as market makers, lenders of last resort, and regulators of last resort, the key to understanding the future of individual states in the global economic order can be found only by analyzing states' domestic and foreign policy decisions within the context of the specific constraints facing those states at home and abroad.
- Topic:
- Economics, Emerging Markets, Human Rights, International Trade and Finance, and Financial Crisis
- Political Geography:
- Russia and Asia
2173. China and the Global Environment: Learning from the Past, Anticipating the Future
- Author:
- Katherine Morton
- Publication Date:
- 11-2009
- Content Type:
- Working Paper
- Institution:
- Lowy Institute for International Policy
- Abstract:
- One of the greatest dilemmas of the early 21st century is how to satisfy the demands of densely populated states in the context of a global environmental crisis. As the world's biggest polluter and prominent emerging world power, China is at the centre of the global debate. Worsening pollution trends, increasing resource scarcity, and widespread ecological degradation have serious implications for China's ongoing modernisation drive. The spillover effects across borders also pose a challenge to its relations with the outside world. Although China's per capita CO2 emissions are low relative to the United States and Australia, they already exceed the world average. In 2007, China overtook the United States to become the world's largest aggregate emitter.
- Topic:
- Environment, Government, International Trade and Finance, and Reform
- Political Geography:
- China, Asia, and Australia
2174. Achieving Peace and Security in Korea and Northeast Asia: A New U.S. Diplomatic Strategy toward North Korea
- Publication Date:
- 02-2009
- Content Type:
- Working Paper
- Institution:
- Atlantic Council
- Abstract:
- The Atlantic Council promotes constructive U.S. leadership and engagement in international affairs based on the central role of the Atlantic community in meeting the international challenges of the 21st century.
- Topic:
- Foreign Policy, Nuclear Weapons, and Bilateral Relations
- Political Geography:
- United States, Asia, and Korea
2175. U.S.-China Cooperation on Nuclear Power
- Author:
- John R. Lyman
- Publication Date:
- 07-2009
- Content Type:
- Working Paper
- Institution:
- Atlantic Council
- Abstract:
- In 2007, the Atlantic Council of the United States (the Council) partnered with the U.S./China Energy and Environment Technology Center (EETC) at Tsinghua and Tulane Universities to hold a series of dialogues to foster cooperation between the United States and China on developing secure and sustainable energy supplies. Over the past several years, the Council and EETC have invited key organizations, experts from industry and government, and representatives from relevant United States (U.S.) and Chinese government agencies to become directly involved in several meetings designed to identify concrete recommendations for increasing official governmental and industry cooperation.
- Topic:
- Security, Foreign Policy, Climate Change, Diplomacy, Energy Policy, Bilateral Relations, and Nuclear Power
- Political Geography:
- United States, China, and Asia
2176. Regional Overview
- Publication Date:
- 10-2009
- Content Type:
- Journal Article
- Journal:
- Comparative Connections
- Institution:
- Center for Strategic and International Studies
- Abstract:
- U.S. Secretary of State Hillary Clinton kept her promise and showed up at the first ASEAN Regional Forum (ARF) Ministerial Meeting to take place on her watch and, also as promised, signed ASEAN's Treaty of Amity and Cooperation (TAC) on behalf of the United States. Unfortunately, North Korean “Dear Leader” Kim Jong-il also kept his promises: to ignore all UN Security Council resolutions, to shoot more missiles, and to never, ever (or at least not this past quarter) return to the Six-Party Talks. In response, Washington pledged to continue its full-court press on enforcing UN-imposed sanctions despite a few “good-will gestures” from Pyongyang. U.S. President Barack Obama also kept his promise to take significant steps toward global disarmament, chairing a UN Security Council session to underscore his commitment to this ideal. Meanwhile signs of the promised recovery of the global economy were in evidence this past quarter, with Asia leading the way.
- Topic:
- Security
- Political Geography:
- Russia, United States, Asia, and North Korea
2177. Japan-China Relations
- Author:
- James J. Przystup
- Publication Date:
- 10-2009
- Content Type:
- Journal Article
- Journal:
- Comparative Connections
- Institution:
- Center for Strategic and International Studies
- Abstract:
- After months of anticipation, Prime Minister Aso Taro dissolved the Diet on July 21 and scheduled elections for the Lower House. On Aug. 30, Aso's Liberal Democratic Party suffered a crushing defeat at the hands of the Democratic Party of Japan and DPJ President Hatoyama Yukio became prime minister on Sept. 16. With Japan focused on the historic shift of power for most of the quarter, politics took primacy over diplomacy. In this environment, Japan-China relations continued to tread water, waiting for the arrival of a new government in Tokyo. Perhaps the good news is that there were no major dilemmas or disruptions and the new Japanese leadership had early opportunities to establish a relationship with their Chinese counterparts.
- Topic:
- Diplomacy and Environment
- Political Geography:
- Russia, China, and Asia
2178. Japan-China Relations Chronology
- Publication Date:
- 10-2009
- Content Type:
- Journal Article
- Journal:
- Comparative Connections
- Institution:
- Center for Strategic and International Studies
- Abstract:
- No abstract is available.
- Topic:
- War
- Political Geography:
- China, Beijing, and Asia
2179. Japan-Korea Relations
- Author:
- Ji-Young Lee and David C. Kang
- Publication Date:
- 10-2009
- Content Type:
- Journal Article
- Journal:
- Comparative Connections
- Institution:
- Center for Strategic and International Studies
- Abstract:
- The highlight of the third quarter was Japan's general election on Aug. 30 and the inauguration of the Hatoyama Cabinet on Sept. 16. Despite Prime Minister Aso's attempt during the campaign to portray the Democratic Party of Japan (DPJ)'s foreign policy as posing national security threat to Japan, the Lower House election ended a virtual half-century of Liberal Democratic Party (LDP) rule in Japan as the country faces serious economic and security challenges. Considering that Japan's North Korea policy in the past few years made a clear turn toward pressure with an emphasis on a resolution of the abduction issue, the major question in Japan-North Korea relations is whether this will change under the new administration led by Prime Minister Hatoyama Yukio. Pyongyang expressed hopes for a breakthrough in their bilateral relations, but it does not look like we will witness any fundamental change in Japan's North Korea policy. Japan-South Korea relations during this quarter can be summarized as guarded optimism as both sides look to elevate bilateral ties to another level of cooperation. If there is one sure sign that this shift in Japanese politics might bring positive change, it will be over the issue of the Yasukuni Shrine.
- Topic:
- Security and Foreign Policy
- Political Geography:
- Asia, Korea, and Pyongyang
2180. Japan-Korea Relations Chronology
- Publication Date:
- 10-2009
- Content Type:
- Journal Article
- Journal:
- Comparative Connections
- Institution:
- Center for Strategic and International Studies
- Abstract:
- No abstract is available.
- Topic:
- Government
- Political Geography:
- Asia and Korea