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811. Finance and the Macro-economy: The Politics of Regulatory Reform in Europe

Author:
Sofía Perez and Jonathan Westrup
Publication Date:
01-2008
Content Type:
Working Paper
Institution:
Minda de Gunzburg Center for European Studies, Harvard University
Abstract:
This paper analyzes major changes in the regulation of the financial sector in Europe over the last three decades. Focusing on the pattern of change across five countries (Britain, France, Germany, Italy and Spain), the paper identifies two major periods of regulatory change: first, the shift away from postwar patterns of credit regulation in the 1970s and 1980s, and second, the intensification of state supervisory powers and the introduction of new regulatory structures from the 1990s to the present. In both cases, the authors point to the way in which different models of financial sector regulation affect the political consequences of macro-economic policy for political elites as an explanation for choices that governments have made in the regulatory arena. More specifically, while regulatory change in the first period may be largely explained by the way in which different postwar models of credit regulation impinged upon a government's political ability to impose disinflation, choices in favor of different regulatory structures in the second period (single regulator in Britain and Germany versus multiple regulators in the other countries) can be related to differences in the area of pension reform. By focusing on the political implications that different modes of financial regualtion can have for elected officials in the context of different macroeconomic scenarios, the authors offer an explanation of regualtory change that differs from accounts which emphasize the primacy of financial market forces in driving such change.
Topic:
Economics and Government
Political Geography:
Britain, Europe, France, Germany, Spain, and Italy

812. “Transnations” Among “Transnations”? The Debate on Transnational History in the United States and Germany

Author:
Kiran Klaus Patel
Publication Date:
01-2008
Content Type:
Working Paper
Institution:
Minda de Gunzburg Center for European Studies, Harvard University
Abstract:
Comparing the rise of transnational history in the United States and Germany is difficult, mainly because of the many connections between these historiographies. Still, the article argues that the paths into a transnational historiography were quit e different on both sides of the Atlantic. Apart from similarities and connections, the text therefore highlights the intellectual as well as institutional differences of the debates in the U.S.A. and Germany.
Political Geography:
United States, Europe, and Germany

813. Germany and Globalization

Author:
Daniel S. Hamilton and Joseph P. Quinlan
Publication Date:
11-2008
Content Type:
Working Paper
Institution:
Center for Transatlantic Relations
Abstract:
Globalization is changing all of our lives as the pace of economic interdependence grows between developed and emerging countries. Debate thrives about whether globalization has been good or bad for European consumers, workers, companies and governments and what are the prospects in the future. In a dynamic and uncertain world currently beset by a global financial crisis and a looming recession can Europe act to take advantage of the opportunities created by globalization and mitigate its challenges?
Topic:
International Relations, Economics, Globalization, and International Trade and Finance
Political Geography:
Europe and Germany

814. Corporate Social Responsibility: Is everything what counts countable?

Publication Date:
05-2008
Content Type:
Working Paper
Institution:
Media Tenor International
Abstract:
In the past few years, the principle of Corporate Social Responsibility (CSR) has been raising great interest in business and politics. Companies increasingly commit to environmental and social measures on a voluntary basis. The discussion around CSR is not new. Yet the debate of whether or not CSR activities are working, and how efficiently they can be measured, is relatively recent. So far not much progress has been made. The instrument of media analysis could be a starting point – and the MEDIA TENOR CSR Index a measuring stick.
Topic:
Economics, Environment, Industrial Policy, and Mass Media
Political Geography:
Germany

815. Social Cohesion in China: Lessons from the Latin American Experience

Author:
Mariano Turzi
Publication Date:
01-2008
Content Type:
Journal Article
Journal:
The Journal of Diplomacy and International Relations
Institution:
School of Diplomacy and International Relations, Seton Hall University
Abstract:
China's economic development over the last three decades has been dazzling critics and supporters alike. Since the launching of the “Four Modernizations” reform process in 1978, growth has averaged 9 percent annually. As a result, according to IMF data released in July 2007, China is poised to overtake Germany as the world's third-largest economy. As growth has slowed in Europe, Japan, and the US the Chinese economy grew at a staggering rate of 11.9 percent in the second quarter of 2007. The IMF report also pointed out that if exchange rates are adjusted to equalize the cost of goods in different countries (purchasing-power parity) China is already the world's second-largest economy.
Topic:
Economics
Political Geography:
United States, Japan, China, Europe, Germany, and Latin America

816. Beyond the Deadlock: How Europe Can Contribute to UN Reform

Author:
Ulrich Roos, Ulrich Franke, and Günther Hellmann
Publication Date:
03-2008
Content Type:
Journal Article
Journal:
The International Spectator
Institution:
Istituto Affari Internazionali
Abstract:
Ever since it started in the early 1990s, the latest debate on United Nations Security Council reform has divided EU member states. This division has created a huge stumbling block for progress. It has also hampered the deepening of the EU's Common Foreign and Security Policy. This article discusses recent developments in both the UN and the EU. In particular, it sketches out how the EU can become a key power broker by reconciling the conflicting Italian and German positions towards a common European UN policy. The creation of semi-permanent SC seats seems to be the most promising solution in the short term. Moreover, such an interim approach also promises to achieve a single EU seat in the long run.
Topic:
United Nations
Political Geography:
Europe and Germany

817. First into Nagasaki: The Censored Eyewitness Dispatches on Post-Atomic Japan and Its Prisoners of War by George Weller, edited and with an essay

Author:
John David Lewis
Publication Date:
09-2008
Content Type:
Journal Article
Journal:
The Objective Standard
Institution:
The Objective Standard
Abstract:
During World War II, the prime source of information for Americans about the war overseas was the dispatches of foreign correspondents-men who put their lives on the line in war zones to report the truth. George Weller was a giant among such men. Captured by the Nazis and traded for a German journalist, Weller watched the Belgian Congolese Army attack Italians in Ethiopia, saw the invasion of Crete, interviewed Charles de Gaulle in South Africa following an escape through Lisbon, and overcame malaria to report on the war in the Pacific. He was the first foreign correspondent trained as a paratrooper, and he won a Pulitzer Prize for his report of an appendectomy on a submarine. He wrote the book Singapore is Silent in 1942 after seeing the city fall to the Japanese, and he advocated a global system of United States bases in his 1943 book Bases Overseas. After witnessing Japan's surrender on September 2, 1945, he broke General Douglas MacArthur's order against travel to Nagasaki by impersonating an American colonel and taking a train to the bombed-out city. In a period of six weeks, he sent typewritten dispatches totaling some fifty thousand words back to American newspapers through official channels of the military occupation. Under MacArthur's directives, they were censored and never made it into print. Weller died in 2002 thinking his dispatches had been lost. Months later his son, Anthony Weller, found a crate of moldy papers with the only surviving carbon copies. Anthony Weller edited the dispatches and included his own essay about his father, resulting in this priceless addition to our information about World War II in the Pacific, and the birth of the atomic age. The importance of the dispatches, however, extends far beyond the value of the information from Nagasaki. George Weller is a voice from a past generation, and the publication of his censored dispatches raises a series of deeply important issues and, in the process, reveals an immense cultural divide between his world and ours today. On September 8, 1945, two days after he arrived in Nagasaki, Weller wrote his third dispatch concerning Nagasaki itself. He described wounded Japanese in two of Nagasaki's undestroyed hospitals, and recorded the question posed by his official guide: Showing them to you, as the first American outsider to reach Nagasaki since the surrender, your propaganda-conscious official guide looks meaningfully in your face and wants to know: "What do you think?" What this question means is: Do you intend writing that America did something inhuman in loosing this weapon against Japan? That is what we want you to write (p. 37). What would many reporters today write if asked this question by bombed enemy civilians? . . .
Topic:
War
Political Geography:
Japan, America, Germany, and Nagasaki

818. Code of Conduct: Tool for Self-Regulation for Private Military and Security Companies

Author:
Nils Rosemann
Publication Date:
01-2008
Content Type:
Working Paper
Institution:
Geneva Centre for Security Sector Governance (DCAF)
Abstract:
This study aims to illustrate patterns of behavioural rules derived from corporate obligations, and to deduce from these a draft Code of Conduct (CoC) for Private Military and Security Companies (PMSCs). The purpose of a Code of Conduct for Private Military and Security Companies is to oblige such companies to comply with international human rights standards and the norms of international humanitarian law (IHL), thus improving the protection of human rights. In addition to drawing up a CoC together with implementation and monitoring mechanisms, this study aims to list the requirements of the relevant industry on the one hand, as well as of the stakeholders in politics and civil society on the other. It will then compare the divergence between the two in order to assess the potential success of an initiative for the recognition of a CoC for Private Military and Security Companies. Finally, this study will draw up specific options of action and recommendations related to the process of adopting a CoC.
Topic:
Conflict Prevention, Security, and Human Rights
Political Geography:
Germany

819. The New EU Strategy towards Central Asia: A View from the Region

Author:
Nargis Kassenova
Publication Date:
01-2008
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
The German Presidency of the EU in the first half of 2007 inspired great hopes regarding the development of relations between the European Union and the states of Central Asia. In Brussels and other European capitals, it was expected that Germany, as an EU political and economic heavyweight and one of the key promoters of the Common Foreign and Security Policy, would be able to foster a coordinated Central Asian policy giving direction and coherence to European engagement in the region. It was widely hoped – within both the governments of Central Asia and the societies of the region – that Germany, which has traditionally been the most pro-active European country in the region, would elevate the relations between the EU and Central Asian states to a higher level.
Topic:
Foreign Policy, International Cooperation, and Bilateral Relations
Political Geography:
Europe, Central Asia, Asia, and Germany

820. Outsourcing the Big Stick: The Consequences of Using Private Military Companies

Author:
Ulrich Petersohn
Publication Date:
06-2008
Content Type:
Working Paper
Institution:
Weatherhead Center for International Affairs, Harvard University
Abstract:
The outsourcing of military functions is always accompanied by a loss of control over the use of force. Whereas the variances in handling consequences by weak versus strong states have already been addressed in other studies, we know little about the causes of differences among strong states. I will argue that strong states are very well aware of the risk of losing control by outsourcing. In order to mitigate the risk, they develop outsourcing strategies. The strategies of the two states considered here—the United States and Germany—are similar. Despite the resemblance, the U.S. Army faces much greater losses of control than does the German Bundeswehr. This is the result of differences in the compliance with their respective strategies. Whereas the Bundeswehr almost always sticks to its strategy, the U.S. Army instead violates it in numerous cases. This difference can be explained by the different scopes of the two forces' demand-capability gap, a factor that directly affects compliance-behavior with the strategy. The larger the gap, the less compliance is shown and the greater the loss of control. Since the U.S. Army experiences a larger gap than the Bundeswehr, the former suffers a greater loss of control.
Topic:
War
Political Geography:
United States, Europe, and Germany