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121. Travel Advisory: Military Personnel and British Courts

Author:
Simon Henderson
Publication Date:
09-2005
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
On September 11, retired Israeli maj. gen. Doron Almog declined to disembark from an arriving Israel El Al airliner at London's Heathrow airport and flew back to Israel, thereby avoiding British police waiting with a warrant for his arrest. The warrant, instigated in part by pro-Palestinian groups, alleged that Almog had committed war crimes while head of the Israel Defense Forces (IDF) Southern Command operating in the Gaza Strip in 2002. The airport incident has serious implications, the full extent of which will only become clear in time, for visitors to Britain from Israel and possibly America (due to U.S. involvement in Afghanistan and Iraq). Israelis, Americans, and, indeed, British citizens could be vulnerable when visiting other countries as well. London's role in the Middle East peace process could also be constrained.
Topic:
International Relations and Security
Political Geography:
Afghanistan, United Kingdom, America, Europe, Middle East, London, and Palestine

122. People / Networks / Power: Communications Technologies and the New International Politics

Author:
David Bollier
Publication Date:
03-2004
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
Kurdish people living in Turkey can now receive satellite television broadcasts emanating from London. Iranians can view Farsi-language television programs that originate in Los Angeles. Even though they are dispersed throughout the world, emigrants from mainland China remain a vital diasporic community, thanks to websites and e-mail discussion lists. Insurgent movements from the Zapatistas to the East Timorese to Indonesian students have used the Internet to organize themselves and communicate a political vision to the world.
Topic:
International Relations, Politics, and Science and Technology
Political Geography:
United States, Turkey, London, Kurdistan, and Los Angeles

123. What Makes Investors Over or Underweight? Explaining International Appetites for Foreign Equities

Author:
Carol C. Bertaut and Linda S. Kole
Publication Date:
09-2004
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
Using data from the IMF Coordinated Portfolio Investment Surveys conducted in 2001, we analyze the determinants of 31 countries' international equity holdings. We show that investors in all countries underweight U.S. equities in their portfolios, many by more than they underweight foreign equities in general. Such behavior is surprising given the common perception of the United States as a desirable investment destination due to its well-developed legal and regulatory environment. Instead we find that investors in some countries are overweight in equities from other countries with which they have close regional or political ties. Such ties, along with distance, trade, issuance of U.S. ADRs or cross-listing on the London Stock exchange, market concentration, and estimated betas help explain patterns of diversification. However, even when all these variables are included, we find significant fixed effects for most countries, suggesting that a considerable amount of cross-country variation in investment positions and in home bias remains to be explained. Our work confirms previous findings and extends results most completely documented for the United States to other major investor countries. But it also suggests caution should be used when interpreting results derived from studies of one or a few countries.
Topic:
Economics, Emerging Markets, and International Trade and Finance
Political Geography:
United States and London

124. Governing the Capital -- Comparing Institutional Reform in Berlin, London, and Paris

Author:
Eckhard Schröter and Manfred Röber
Publication Date:
02-2004
Content Type:
Working Paper
Institution:
Institute of European Studies
Abstract:
The paper examines institutional changes in the political and administrative structures governing the cities of Berlin, London and Paris. In doing so, it analyzes the extent to which convergent trends – driven by forces related to increased international competition and European integration – have shaped recent reforms of the governance systems of these European capital cities.
Topic:
Democratization, Government, Politics, and Governance
Political Geography:
Europe, Paris, London, and Berlin

125. Special Policy Forum Report: Operation Iraqi Freedom -- One Year On

Author:
Michael Knights
Publication Date:
03-2004
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
On March 15, 2004, Michael Knights addressed The Washington Institute's Special Policy Forum. Dr. Knights, the Mendelow defense fellow at the Institute, is a frequent contributor to Jane's Intelligence Review and author of a forthcoming Institute monograph on Persian Gulf security. He has a doctorate from the Department of War Studies at King's College, London, where he wrote his dissertation on U.S. military operations in Iraq from Operation Desert Storm through Operation Iraqi Freedom. The following is a rapporteur's summary of his remarks.
Topic:
Conflict Resolution
Political Geography:
United States, Iraq, Washington, Middle East, London, and Arab Countries

126. Post-Arafat Transition: Upcoming Palestinian Elections

Author:
David Makovsky
Publication Date:
11-2004
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
As the Palestinians seek to sort out the post-Arafat succession, ostensibly the first order of business is presidential elections. The Palestinian Authority (PA) has said it would hold presidential elections on January 9, 2005. However, making the election successful may require prior commitment to a cease fire, which in turn requires understandings among Palestinian factions accepted by Israel; this would be necessary to ensure peaceful conditions on the ground and the absence of Israeli military interruption during the election itself and the preceding campaign. According to the London-based Arab daily al-sharq al-Awsat, Mahmoud Abbas (a.k.a. Abu Mazen), former Palestinian premier and newly named chairman of the Palestine Liberation Organization drove home this point in two rounds of talks with Palestinian rejectionist groups over the last week. Abu Mazen is quoted as saying, "We need a safe, secure and calm internal situation, so we can hold elections. There is no possibility of holding elections while we are in a state of war and violent struggle. Elections need a secure environment that will allow for it to be done in a free and fair manner. Elections require freedom of movement and transportation to reach the ballot boxes and ensuring the participation of citizens." Indeed, there have been a variety of quotes from rejectionist leaders saying they may be willing to adhere to a unilateral ceasefire, but so far, there has been no definitive word from the main rejectionist group, Hamas. There have been a variety of reports that Hamas would agree to a ceasefire, but it seems that it will only if Israel accepts it as well. Israel may respect a truce brokered by Egypt among the Palestinian factions just as it consented to one during the summer of 2003. At the same time, it will be concerned that its acceptance not be exploited by undisciplined radicals in a way that ties Israel's hands and makes it vulnerable to attack. The last ceasefire fell apart because of differing understandings of its terms among the key protagonists. Unless that lesson is learned another truce is likely to fall apart, too. Another prerequisite for elections is that Abu Mazen needs to receive the nomination of the dominant Fatah party. Abu Mazen's nomination could easily be a formality, since so far, there is no real opposition. Yet, Fatah elections, while recognized by many as necessary, might be resisted by an Old Guard seeking to preserve its power. The issue of Fatah elections has been a dominant motif of the Young Guard. They believe that a combination of elections on all levels will have the cleansing effect of ridding the PA of old cronies of Yasser Arafat, who were beneficiaries of corruption. Moreover, it will inject new blood into a calcified system.
Topic:
Security and Religion
Political Geography:
Middle East, Israel, London, Palestine, and Czech Republic

127. GFN-SSR Advisory Group Meeting

Author:
Ann Fitz-Gerald
Publication Date:
03-2003
Content Type:
Working Paper
Institution:
Global Facilitation Network for Security Sector Reform
Abstract:
Robin Luckham opened the meeting by thanking all members for attending, particularly after two busy days spent in London at the SSR International Forum. He emphasised how well the Forum had gone and how successful the team had been with the level of participation, bearing in mind the current political uncertainty.
Topic:
Security and Defense Policy
Political Geography:
London

128. Institutions for Fiscal Stability (Financial Integration in Europe and Asia)

Author:
Barry Eichengreen and Yung Chul Park
Publication Date:
01-2003
Content Type:
Working Paper
Institution:
Institute of European Studies
Abstract:
One of the most striking aspects of Europe's recent development has been the growth and integration of financial markets. Bond markets have grown explosively since the advent of the euro. Cross border transactions in government bonds have risen sharply with the emergence of the German bund as a benchmark asset, while the volume of corporate bond issues has grown even more dramatically. Securities markets are consolidating around London and Frankfurt, which are competing for the mantle of Europe's dominant financial center. This rapid market integration has raised questions about the viability of Europe's traditional model of bank-based financial intermediation, causing commercial and investment banks to respond with a wave of mergers and acquisitions.
Topic:
Economics and Political Economy
Political Geography:
Europe, Asia, London, and Germany

129. Bolivia: A Revolt That Leads Nowhere

Author:
Mark Falcoff
Publication Date:
12-2003
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Joseph Conrad's novel Nostromo: A Tale of the Seaboard (1905), considered by many the Polish master's best novel, is set in the fictitious South American country of Costaguana. During the colonial period and for decades thereafter, the republic flourished thanks to the existence of a rich vein of silver mined since the early days of the Spanish conquest. At the time the novel opens, however, Costaguana has fallen on hard times because the most accessible deposits of the precious ore have been exhausted; massive new investment and technology are required to return the mine to full operation. Anglo-Costaguanan Charles Gould finds the necessary financing in London and New York, and almost as if by magic the resumption of mining breathes new life and progress into the republic.
Topic:
International Relations, International Trade and Finance, and Political Economy
Political Geography:
New York, London, South America, and Bolivia

130. Special Policy Forum Report: An Arab Liberal Looks at the Post-Saddam Middle East

Author:
Hazem Saghie
Publication Date:
05-2003
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
On May 8, 2003, Hazem Saghie addressed The Washington Institute's Special Policy Forum. Mr. Saghie has been the editor of the weekly supplement of the London-based daily al-Hayat for the past fifteen years and served fourteen years in Beirut for the Lebanon daily al-Safir. He is currently a visiting fellow at the Institute and editor of The Predicament of the Individual in the Middle East (Saqi Books, 2000). The following is a rapporteur's summary of his remarks.
Topic:
Security and Religion
Political Geography:
Washington, Middle East, London, Lebanon, Beirut, and Czech Republic