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91. Reforming the Composition of the ECB Governing Council in View of Enlargement: An Opportunity Missed!

Author:
Daniel Gros
Publication Date:
05-2003
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
It is widely accepted that enlargement requires reform of the highest decision-making bodies of the European Central Bank (ECB). In particular, there are concerns that the Governing Council, which is composed of the six-member Executive Board of the ECB plus the governors of the participating national central banks (NCBs), will grow too large to work efficiently. In the absence of reform, it could end up having over 30 members - resembling more a mini-parliament than a decision-making body that has to manage a global currency in fast-moving financial markets. Moreover, the accession of a number of small countries is often perceived as a threat to the "power balance" in the Governing Council.
Topic:
Government, Human Rights, and International Organization
Political Geography:
Europe

92. Constitutionalising the Open Method of Coordination - What Should the Convention Propose?

Author:
Gráinne De Búrca and Jonathan Zeitlin
Publication Date:
03-2003
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
Within the Convention process, the final reports of no less than four separate working groups - those on Simplification, Complementary Competences, Economic Governance and Social Europe - have come out in favour of including the 'Open Method of Coordination' (OMC) within the Constitutional Treaty. The relevant sections of these reports are attached in an annex.
Topic:
Government, Human Rights, and International Organization
Political Geography:
Europe

93. A Public Stability Pact for Public Debt?

Author:
Daniel Gros
Publication Date:
01-2003
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
There is an urgent need to link the excessive deficit procedure with the issue of sustainability and hence the evolution of public debt. This note shows that there exists a simple way to introduce the evolution of public debt in the Stability Pact, which so far has focused exclusively on deficits. The link starts from the Maastricht criterion for participation in EMU concerning public debt and its reference value of 60% of GDP. The Maastricht criterion on public debt stipulates that if public debt exceeds 60% of GDP, it must be 'sufficiently diminishing and approaching the reference value at a satisfactory pace''.This note provides a numerical rule for evaluating whether public debt is indeed diminishing 'at a satisfactory pace'. This numerical rule is in accordance with the reference values in the Treaty and could be used as the basis for an 'excessive debt procedure'.
Topic:
Government, Human Rights, and International Organization
Political Geography:
Europe

94. Liberalizing Agricultural Trade and Developing Countries

Author:
David Orden, Rashid S. Kaukab, and Eugenio Diaz-Bonilla
Publication Date:
03-2003
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
A diverse group of development and trade liberalization advocates agree that reduction of agricultural protection and subsidization in the world's wealthy countries is necessary to strengthen both international growth opportunities and the global trade regime. According to the consensus reached among participants attending a conference cosponsored by the Carnegie Endowment for International Peace and the Cordell Hull Institute, WTO Doha Round negotiations on agriculture should compel policy changes in industrialized countries to limit trade-distorting domestic subsidies for agricultural products, lower tariffs, increase market access, and eliminate export subsidies. In response to temporary hardships caused by an overall reduction in agriculture support, governments should have the flexibility to adopt temporary or limited domestic, and perhaps international, compensatory policies. Significant differences in perspective and policy prescriptions were expressed by conference participants about the appropriate speed and scope of agricultural liberalization in developing countries, especially if progress is not made toward reduced support for agriculture in developed countries.
Topic:
Development, International Organization, International Trade and Finance, and Science and Technology
Political Geography:
United States and Europe

95. Threats to Financial Privacy and Tax Competition

Author:
Veronique de Rugy and Richard W. Rahn
Publication Date:
10-2003
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
Global economic growth and personal freedom are under attack by governments and international organizations seeking to squelch financial privacy and tax competition. Privacy rights and international tax competition are beneficial constraints on the monopoly power of governments. But high-tax nations and organizations such as the European Union are pressing for international agreements to remove those limits on government power at the expense of prosperity and freedom.
Topic:
Economics, Government, and International Organization
Political Geography:
United States and Europe

96. A Hole in the Wall? Dimensionalism and the EU's "New Neighbourhood Policy"

Author:
Hiski Haukkala
Publication Date:
06-2003
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs
Abstract:
The successive rounds of enlargements are a factor shaping the European Union. The previous enlargements have all resulted in the broadening of the EU's agenda, changes in the institutions and decision-making, as well as shaping the way in which the world external to the Union has perceived the European integration and its different manifestations, be they institutions or policies. There is dialectic at work, where the “shadow of enlargement” forces the European Union and its member states to adapt its own dynamic to meet the changing circumstances. This adaptation – together with the growing geographic exposure to new neighbours and regions – in turn create an opening and a demand for further enlargements, which then start the dialectic anew.
Topic:
International Organization and International Political Economy
Political Geography:
Europe

97. Between a Rock and a Hard Place: How the US-EU Battle over Article 98 Played Out in Croatia and Macedonia

Author:
Kristina Balalovska and Mieczyslaw P. Boduszynski
Publication Date:
09-2003
Content Type:
Working Paper
Institution:
The Wilson Center
Abstract:
In the first half of 2003, postcommunist East European countries became pawns in two disputes between the European Union (EU) and the United States (US). The first, broadly covered by the Western media, was the clash over the US-led invasion of Iraq. The second was over the jurisdiction of the newly established International Criminal Court (ICC). Although the latter skirmish was less noticed in the wider world, it was in many ways the more significant of the two. In both cases, the small states of East and Central Europe were forced to choose between the conflicting demands of the EU and US. Unlike the battle over the Iraq war, EU member states were united on the point of not granting the US immunity in the ICC. Moreover, it was impossible to walk a tightrope between Europe and the US in the ICC case because it required decisive action, whereas on the question of whether or not to invade Iraqi, some postcommunist countries were able to lend tacit support to both sides. Finally, a lot more was at stake in the ICC issue, since both the US and the EU threatened defecting countries with concrete sanctions.
Topic:
Government, International Organization, Politics, War, and Sanctions
Political Geography:
United States, Iraq, Europe, and Macedonia

98. NATO Decisionmaking: Au Revoir to the Consensus Rule?

Author:
Leo L Michel
Publication Date:
08-2003
Content Type:
Working Paper
Abstract:
It should come as no surprise that North Atlantic Treaty Organization (NATO) officials are fond of citing Mark Twain's retort to doomsayers that reports of his death were greatly exaggerated. Having survived many rough tests since its birth, the 54-year-old alliance is still working to recover from a bruising disagreement among its members over the decision by some to oust Saddam Hussein's regime. Its services, however, are still very much in demand: About 37,000 NATO-led military personnel remain on crisis management duty in the Balkans. NATO recently launched its first out-of- Europe operation, taking command of the International Security Assistance Force (ISAF) in Afghanistan. In July 2003, the Senate voted unanimously to encourage the Bush administration to seek help from NATO in Iraq. Several prominent Members of Congress and nongovernmental experts have called for a NATO peacekeeping mission between Israelis and Palestinians.
Topic:
Security, NATO, and International Organization
Political Geography:
Iraq, Europe, North Atlantic, Israel, and Balkans

99. EU constitutional Reform Priorities for the Italian Presidency

Publication Date:
06-2003
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
This document is intended to: highlight the main achievements of the Constitutional Treaty drafted by the European Convention which should be fully endorsed by the Intergovernmental Conference (IGC); emphasise some critical points of the Draft Constitutional Treaty that need to be revised to ensure an effective functioning of the European Union, avoid the risk of a decision-making paralysis and make possible future constitutional adaptations; suggest further modifications to the Draft Constitutional Treaty which appear necessary for a truly, effective constitutional reform of the Union.
Topic:
Security and International Organization
Political Geography:
Europe and Italy

100. Defusing a Ticking Bomb? Disentangling International Organisations

Author:
Indra Øverland
Publication Date:
05-2003
Content Type:
Working Paper
Institution:
Norwegian Institute of International Affairs
Abstract:
This article examines how various organisations divide and coordinate their conflict prevention and development aid in the Samtskhe-Javakheti region of southern Georgia, and how that coordination might be improved. There have been numerous early warnings of impending violent conflict and calls for conflict prevention in Samtskhe-Javakheti. Counter-claims have, however, been asserted that the region's problem is in fact not one of potential violent ethnic conflict, but rather one of poverty and peripherality, and that exaggerated, uncoordinated early warning might in fact inflate conflicts that were not initially acute. At one point it seemed that the Samtskhe-Javakheti case would provide an example of uncoordinated and one-sided focus on conflict prevention and early warning on the part of international organisations, and its potentially detrimental consequences. An overview of the activities of the organisations, however, shows the contrary. A critical, sensitive and deconstructive perspective is already incorporated into their approach, and their activities are well coordinated. More formalised institutions are nonetheless needed to ensure the inclusion of large multilateral actors such as the World Bank and Council of Europe in the process, and consistent coordination in other regions too.
Topic:
Conflict Prevention, Development, and International Organization
Political Geography:
Europe, Eastern Europe, and Georgia