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101. Economic Survey of euro area, 2003

Publication Date:
07-2003
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Entering its fifth year of existence, the European Economic and Monetary Union (EMU) has met major headwinds. At the advent of the single currency the euro area experienced solid economic growth, with unemployment falling and public finances rapidly improving. However, a number of structural problems were exposed with the cyclical downturn since 2001, from which the area is recovering only hesitantly. The challenges facing policy makers at present are both of a short-run and medium-run nature. Policy makers are currently grappling with sluggish demand. Responding to this challenge, monetary policy has been eased and fiscal policy reacted through the automatic stabilisers. However, the room for manoeuvre was reduced by lingering inflationary pressures and earlier insufficient fiscal adjustment in several member states. Meanwhile the euro exchange rate has appreciated significantly. Over the medium term, the Community has set ambitious targets and a vast programme for enhancing the performance of labour, product and financial markets. This programme needs to be pursued with vigour, thereby raising the odds of large gains in trend growth and jobs while making it easier to achieve sound fiscal positions.
Topic:
Diplomacy, Economics, International Organization, International Trade and Finance, and Political Economy
Political Geography:
Europe

102. Economic Survey of France, 2003

Publication Date:
07-2003
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
After several years of rapid expansion, the French economy has entered into a period of below potential growth, with a negative output gap opening up. Monetary conditions have been relaxed, while fiscal policy has eased excessively, provoking the European Commission to initiate an excessive deficit procedure. As uncertainty dissipates towards the middle of this year, the economy should pick up speed, reaching a growth rhythm of around 2 per cent in 2004. Nevertheless, over the medium term, in the absence of substantial reforms the ageing of the population risks threatening economic and fiscal equilibrium. Current pension and healthcare reform initiatives and plans to redress spending over the medium term go in the right direction. However, in order to ensure medium and long-term fiscal sustainability, additional policies to slow the expansion of health and pension spending are required, while efforts to raise employment rates and potential output are needed to improve the economy's ability to finance future ageing-related expenditure. Here, programmes that offer the possibility of on-the-job training should be expanded so as to reactivate young and lowskilled workers, while reforms to early-retirement schemes and the pension system need to be continued so as to restore work incentives for older workers. Ongoing tax and labour market reforms and policies to facilitate the development of high-tech and fast growing enterprises, which should help promote investment and higher productivity growth, also need to be pursued. The opening of the capital of stateowned enterprises and their eventual privatisation, and planned improvements to governance structures should help promote growth, but revenues from sell-offs ought to be used to reduce debt. Finally, in order to better manage the totality of public expenditures, the authorities need to implement reforms that can be used to ensure that all spending organisms contribute to controlling spending. Here, it will be necessary to implement mechanisms that would improve the effectiveness of measures to control healthcare spending. Moreover, decision-makers need to be more directly confronted with the long-term consequences of their actions. Initiatives such as decentralisation and the new budget framework law should help in this regard. Pursuit of reforms along all of these lines should permit society to meet the fiscal challenge posed by population ageing, while retaining high levels of service.
Topic:
Diplomacy, Economics, International Organization, International Trade and Finance, and Political Economy
Political Geography:
Europe and France

103. Food for Thought the Stability Pact for South East Europe - Dawn of an Era of Regional Co-Operation?

Author:
Gjergj Murra
Publication Date:
02-2003
Content Type:
Working Paper
Institution:
Austrian National Defence Academy
Abstract:
These past three years have been a useful learning process for the Stability Pact. Some achievements are visible, but there also has been much criticism with regards to its real outcome and performance. However, an independent assessment of the process is needed to analyse what is functioning well, and what could be improved, as judged by participants from the region. So far either no through assessment is done, or assessment have been at project level, (technical, in terms of project completion, disbursement, timing, task performed), not in terms of the political goal that projects were designed to achieve. One of the main lessons appears to be the need to refine the approach and priorities. Some topics have already found an answer, while for some other a clearer vision in needed.
Topic:
Foreign Policy, NATO, International Cooperation, and International Organization
Political Geography:
Europe and Eastern Europe

104. Keynote Speech

Author:
Erhard Busek
Publication Date:
02-2003
Content Type:
Working Paper
Institution:
Austrian National Defence Academy
Abstract:
I am not going to tell you what the Stability pact is, because I am sure you are able to look on its web site for more information. What I want to present is a general overview of which role the Stability pact is playing in the development of today's Europe. I think we are heading the wrong direction because we are only looking at details and not at the total picture.
Topic:
International Cooperation and International Organization
Political Geography:
Europe and Eastern Europe

105. The Role of the Council of Europe in South East Europe

Author:
Sonja Moser-Starrach
Publication Date:
02-2003
Content Type:
Working Paper
Institution:
Austrian National Defence Academy
Abstract:
Ever since the signing of the Dayton Peace Agreement in December of 1995, the Council of Europe has pursued a policy of promoting a stable, democratic state, with a view to its integration, at the appropriate time, as a full member of the Council. After almost six and a half years, that time has come.
Topic:
Human Rights, International Cooperation, and International Organization
Political Geography:
Europe and Eastern Europe

106. Regional Integration through the Stability Pact

Author:
Frederic Labarre
Publication Date:
02-2003
Content Type:
Working Paper
Institution:
Austrian National Defence Academy
Abstract:
This paper attempts to argue that the current structure of relations in South East Europe (SEE) and in the Balkans in particular requires regional, or local, integration before any membership in greater bodies (like the European Union) can be considered.
Topic:
Security, International Cooperation, and International Organization
Political Geography:
Europe, Eastern Europe, and Balkans

107. Elements for a Structural Constructivist Theory of Politics and of European Integration

Author:
Niilo Kauppi
Publication Date:
07-2003
Content Type:
Working Paper
Institution:
Minda de Gunzburg Center for European Studies, Harvard University
Abstract:
Pierre Bourdieu's structural constructivist theory of politics offers powerful instruments for a critical analysis of political power. In this paper, I explore structural constructivism as a theory of politics and of European integration. By structural constructivism I refer to a mostly French research tradition that develops some of Bourdieu's theoretical tools. In European studies, social constructivism has provided an alternative to traditional approaches such as intergovernmentalism and neofunctionalism. Structural constructivism remedies some of the weaknesses of most versions of social constructivism, such as their diffuse conception of power and ideational notion of culture. This paper develops a structural constructivist approach that examines the European Union as a multileveled and polycentric emerging political field.
Topic:
International Organization and Politics
Political Geography:
Europe

108. Does the process really matter? Some reflections on the "legitimating effect" of the European Convention

Author:
Paul Magnette
Publication Date:
07-2003
Content Type:
Working Paper
Institution:
Minda de Gunzburg Center for European Studies, Harvard University
Abstract:
The European Convention, set up by the Heads of state and governments during the Laeken Summit of December 2001, was presented by its initiators as a means of strengthening the legitimacy of the EU. Is this a rhetorical argument of politicians, which could be explained by the intense electoral cycle of 2002- 2004? Or is there something, in the process of the Convention, that could change the nature of the EU constitution?
Topic:
International Organization and Politics
Political Geography:
Europe

109. Labor Market Institutions and Unemployment: A Critical Assessment of the Cross-Country Evidence

Author:
Dean Baker, John Schmitt, and Andrew Glyn
Publication Date:
05-2003
Content Type:
Working Paper
Institution:
Minda de Gunzburg Center for European Studies, Harvard University
Abstract:
In the last twenty five years, there has been a sharp divergence in trends in the unemployment rate among OECD countries, with some seeing much larger increases in unemployment than others. This divergence is usually explained by institutions that lead to labor market inflexibility – generous unemployment benefits, employment protections, and strong unions – in countries with high unemployment rates. This paper examines the evidence for this view. It shows that there is no simple bivariate relationship between standard measures of labor market institutions and unemployment rates across countries. It then critically examines several of the most often cited studies that support the labor market inflexibility view. It finds that these studies present relatively weak and to some extent contradictory support for the labor market inflexibility view. Finally, the paper presents the results of a set of tests designed to replicate some of the earlier multivariate analyses with more current data. These tests consistently fail to find robust evidence to support the labor market inflexibility view.
Topic:
Economics and International Organization
Political Geography:
Europe

110. Survey of SSR Regional and Sub-Regional Networks

Publication Date:
10-2003
Content Type:
Working Paper
Institution:
Global Facilitation Network for Security Sector Reform
Abstract:
The enclosed survey was conducted in order to map all regional and sub regional networks working in the field of Security Sector Reform (SSR) in Africa, Asia, Europe and Latin America and the Caribbean. The objective of mapping SSR networks in these regions is multi-fold. Firstly it is imperative that at a time when security has taken a truly global dimension and span, academics and practitioners alike are aware of the state of SSR in different regions. Certain similarities and patterns emerge during the analysis that offer lessons and directions for actors wishing to become involved in SSR in a particular region, or searching for guidance in applying best practices and lessons learned to particular situations. Secondly, exchange of experience and ideas is especially important in supporting South-South dialogue, but the value of cooperation cannot be overemphasized given the often-unclear context in which SSR activities take place. The mapping exercise serves as an entry-point for practitioners to identify existing networks and their areas of expertise. Opportunities for collaboration are made possible by identifying other organisations that are pursuing similar goals. Additionally, the map of SSR networks serves to identify possible gaps in scope of activity and highlights entry points for other organisations and networks to further the objectives of security sector management and reform. Lastly, this exercise will serve as a vehicle for the GFN-SSR to develop ways to strengthen its activities. One way in which the GFN-SSR is already adding value is through the development of its website, which, inter alia, offers a newsletter in four languages, i.e., English, French, Spanish and Portuguese. An activity to reinforce the access to information for those in areas of poor connectivity is already being developed through the conception of a CD-ROM containing all the existing website information for distribution on a timely basis to interested organisations.
Topic:
Security, Development, and International Organization
Political Geography:
Africa, America, Europe, Asia, South America, Latin America, Central America, and Caribbean