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271. Understanding Special Drawing Rights

Author:
John Williamson
Publication Date:
06-2009
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics (PIIE)
Abstract:
A once-familiar but long-neglected acronym has reappeared in newspapers in recent weeks. We have read that the G-20 meeting in London endorsed a proposal that the International Monetary Fund (IMF) should create $250 billion in Special Drawing Rights (SDRs). We have been told that one problem with this proposal is that most of the SDR allocation would accrue to countries that are unlikely to use them, and some readers may have seen proposed ways around this difficulty. We have read that the governor of the People's Bank of China, Zhou Xiaochuan, has proposed that the SDR should gradually displace the dollar at the center of the international monetary system and that surplus countries should be able to convert their dollar holdings into SDR-denominated assets. No one can doubt that the SDR is back.
Topic:
Economics, International Cooperation, International Political Economy, International Trade and Finance, and Monetary Policy
Political Geography:
United States and China

272. The Iranian Intentions behind Joining the Shanghai Cooperation Organization

Author:
Michael Bell and Mahjoob Zweiri
Publication Date:
04-2008
Content Type:
Policy Brief
Institution:
Center for Strategic Studies (CSS)
Abstract:
China welcomed Iran’s desire to strengthen cooperation in all spheres with the Shanghai Cooperation Organization (SCO) following its official application in April 2007 to become a full member. With the SCO currently growing into strategic alliance between several of the worlds leading energy producers and two of its most hungry consumers; the United States saw an opportunity to establish itself in the region and therefore lobbied for observer status in 2005, however the request was denied. Since then, we have seen the SCO assume an ideological mantle of growing anti-Americanism. Committed to establishing a new international political and economic order, the association of East Asian states known as the SCO was founded as an intergovernmental organization in Shanghai on15th June, 2001. Its six founding countries; China, Russia Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan, with Iran, Mongolia and Pakistan holding roles as country observers, have asppired to mitigate the influence of US power in the region, therefore Iran’s application for full membbership has crucial, and possibly underlying aspects to its reasoning. Therefore we would like to present some information about the SCO to specifically present the benefits Iran would gain by full membership.
Topic:
Energy Policy, International Cooperation, Economy, and Shanghai Cooperation Organization (SCO)
Political Geography:
China, Iran, Middle East, Asia, and United States of America

273. A Security and Peace Mechanism for Northeast Asia: The Economic Dimension

Author:
Stephan Haggard and Marcus Noland
Publication Date:
04-2008
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics (PIIE)
Abstract:
A continuing leitmotif of the Six Party Talks—among the United States, China, Japan, Russia, South Korea, and North Korea—is the prospect that a resolution of the nuclear question could set the stage for more institutionalized and enduring multilateral cooperation in Northeast Asia. The Joint Statement of September 19, 2005, which outlined the principles governing subsequent negotiations, referenced new “ways and means for promoting security cooperation in northeast Asia,” and the February 13, 2007 Joint Statement created a Working Group on a Northeast Asia Peace and Security Mechanism (NEAPSM).
Topic:
Conflict Resolution, Conflict Prevention, International Cooperation, and Regional Cooperation
Political Geography:
China, Asia, South Korea, and North Korea

274. Asia — Shaping the Future

Author:
Douglas H. Paal
Publication Date:
06-2008
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
Washington has no proactive vision toward a “rising Asia”; “more of the same” will not advance U.S. interests. Decide early on clear U.S. strategic objectives in the region, and signal to China where constructive cooperation will lead. Appoint a high-level advocate for Asia befitting its status as the new global “center of gravity.” Prioritize the bewildering alphabet of organizations and venues to achieve those objectives. Consider inviting China and India to join the G8. Anticipate greater Chinese and Indian military and trade capabilities by developing new multilateral security and economic arrangements in the region. Avoid coalitions based on common values or democracy. Asia is too diverse and complicated for them to succeed. Ditch the “war on terror” rhetoric, which has proved divisive and counterproductive.
Topic:
Foreign Policy, Defense Policy, Diplomacy, and International Cooperation
Political Geography:
China, Washington, India, and Asia

275. The Ties that Bind Bush and Bashir

Publication Date:
04-2008
Content Type:
Working Paper
Institution:
Africa Policy Information Center
Abstract:
This February, the Sudanese government launched a series of direct assaults on towns and villages in West Darfur that harkened back to the worst periods of violence since the current conflict in Sudan's western region began in 2003. Military aircraft, including Antonov transport planes used as bombers and helicopter gunships accompanied Sudanese Armed Forces and government-supported proxy militia in attacking the towns of Sirbu, Silea and Abu Siruj, among others. While these towns were located in a region controlled by the Justice and Equality Movement (JEM) rebel group, no evidence provided by the government of Sudan, international journalists or human rights groups indicates that rebel elements were present in these communities at the time of assault.
Topic:
International Cooperation, Terrorism, and United Nations
Political Geography:
Africa, United States, China, Sudan, and Asia

276. The Implications of China's Ascendancy for Africa

Author:
Hany Besada
Publication Date:
10-2008
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation (CIGI)
Abstract:
China's spectacular economic progress has led some security analysts and policy makers in the North and the South to question Beijing's intentions in other parts of the world. This paper examines the extent to which China's engagement with Africa has produced mutual benefits for both and whether Africa is reaping the necessary benefits required for poverty alleviation and economic development. Chinese state-owned enterprises have invested billions of dollars in foreign reserves, construction, and engineering resources assisting African oil-producing exporters. While many in the west have started to question China's extraordinary level of interest in Africa – in particular, its economic engagement with perceived repressive regimes – African leaders view China's entry as a means of pulling Africa onto the path of globalization. It is thus important that African leaders and policy makers ensure that Chinese trade and investment bring reciprocal and tangible benefits for Africans, and contribute to economic stability and good governance.
Topic:
Foreign Policy, International Cooperation, International Trade and Finance, Treaties and Agreements, and International Affairs
Political Geography:
Africa and China

277. Globalization and Global Governance in the 21st Century

Author:
Jeffrey Hart and Joan Edelman Spero
Publication Date:
01-2008
Content Type:
Working Paper
Institution:
Centre for International Peace and Security Studies
Abstract:
An examination of international economic relations in the six decades since World War II reveals many ways in which political factors have shaped economic outcomes. The postwar security system significantly affected the postwar economic system. The creation of a bipolar security system following the outbreak of the Cold War led to the separation of the Eastern and Western economic systems and provided a basis for the dominant role of the United States in the Western system and of the Soviet Union in the Eastern system. The end of the Cold War led in turn to the end of the East-West economic divide and to the integration of the formerly Communist countries and China into the global capitalist economy.
Topic:
Cold War, Globalization, Government, International Cooperation, International Political Economy, International Security, and International Affairs
Political Geography:
United States and China

278. U.S.-China Cooperation on Clean and Efficient Transportation

Publication Date:
05-2008
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
Because of their significant contribution to global demand for improved living standards, meaningful actions by the United States and China on transportation and energy will be important in any effort to reduce global consumption of traditional energy sources. Together the United States and China consume 40% of the world's energy and are responsible for 50% of the world's greenhouse gas emissions. Given their economic size and impact on global markets, it is imperative that the U.S. and China join in a mutually beneficial process.
Topic:
Energy Policy, Environment, International Cooperation, and Political Economy
Political Geography:
United States and China

279. Asia: Towards Security Cooperation

Author:
Michael Vatikiotis
Publication Date:
02-2007
Content Type:
Working Paper
Institution:
International Peace Institute (IPI)
Abstract:
Asia has enjoyed a remarkable climate of peace and security in the post-Cold War era. However, there is much that could have gone wrong. Tensions on the Korean peninsula, in the Taiwan Straits, between China and India, India and Pakistan – the hot spots and fault lines of tension are well known and warily watched. Rarely has serious conflict erupted, though. The last major 'conventional' conflict in Asia was the 1979 Soviet invasion of Afghanistan, though smaller wars have been fought between states in Kashmir and along the Chinese border with Vietnam. The region is also wracked by protracted internal disputes that generate sustained fears for internal security and destabilized inter-state relations. All the same, for a region that lacks the kind of sophisticated collective security arrangements that have kept the northern hemisphere at peace for the past sixty years, Asia's security environment is remarkably benign.
Topic:
Security, Development, and International Cooperation
Political Geography:
Pakistan, Afghanistan, China, India, Taiwan, Asia, Soviet Union, Vietnam, Kashmir, Korea, and Korean Peninsula

280. U.S.-China Energy Security Cooperation Dialogue Report

Publication Date:
06-2007
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
The Atlantic Council of the United States and the China Institutes of Contemporary International Relations organized the first "U.S.-China Energy Security Cooperation Dialogue," held in Beijing on 31 October-1 November 2006. Conference participants included foreign policy analysts and energy experts from the U.S. and Chinese governments, international organizations, non-governmental organizations, and universities in both the United States and China. The agenda covered a broad spectrum of energy and energy-related geopolitical issues, including long-range forecasts for energy supply and demand, energy sources ranging from oil and gas to coal, nuclear and renewables.
Topic:
Climate Change, Energy Policy, and International Cooperation
Political Geography:
United States, China, Beijing, and Asia