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141. China's $1.7 Trillion Bet: China's External Portfolio and Dollar Reserves

Author:
Brad W. Setser and Arpana Pandey
Publication Date:
01-2009
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
China reported $1.95 trillion in foreign exchange reserves at the end of 2008. This is by far the largest stockpile of foreign exchange in the world: China holds roughly two times more reserves than Japan, and four times more than either Russia or Saudi Arabia. Moreover, China's true foreign port- folio exceeds its disclosed foreign exchange reserves. At the end of December, the State Administration of Foreign Exchange (SAFE)—part of the People's Bank of China (PBoC) managed close to $2.1 trillion: $1.95 trillion in formal reserves and between $108 and $158 billion in “other foreign assets.” China's state banks and the China Investment Corporation (CIC), China's sovereign wealth fund, together manage another $250 billion or so. This puts China's total holdings of foreign assets at over $2.3 trillion. That is over 50 percent of China's gross domestic product (GDP), or roughly $2,000 per Chinese inhabitant.
Topic:
International Relations, Debt, Economics, Emerging Markets, and International Trade and Finance
Political Geography:
Russia, United States, China, Israel, Asia, and Saudi Arabia

142. Dora Bakoyannis, Foreign Minister of Greece Greece: Piloting OSCE through Doldrums

Author:
Dora Bakoyannis
Publication Date:
01-2009
Content Type:
Journal Article
Journal:
European Affairs
Institution:
The European Institute
Abstract:
Bakoyannis argues that the OSCE needs to recover its international stature: it is the only security body involving the U.S. and Russia, plus Europe. The pressing challenge is Georgia: Can the OSCE mission in Georgia be redefined so it can continue its technical work without getting caught in the political impasse over the breakaway enclaves between Russia and Georgia?
Topic:
International Relations
Political Geography:
Russia, United States, and Europe

143. Turkey and Armenia: Opening Minds, Opening Borders

Publication Date:
04-2009
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
Turkey and Armenia are close to settling a dispute that has long roiled Caucasus politics, isolated Armenia and cast a shadow over Turkey's European Union (EU) ambition. For a decade and a half, relations have been poisoned by disagreement about issues including how to address a common past and compensate for crimes, territorial disputes, distrust bred in Soviet times and Armenian occupation of Azerbaijani land. But recently, progressively intense official engagement, civil society interaction and public opinion change have transformed the relationship, bringing both sides to the brink of an historic agreement to open borders, establish diplomatic ties and begin joint work on reconciliation. They should seize this opportunity to normalise. The politicised debate whether to recognise as genocide the destruction of much of the Ottoman Armenian population and the stalemated Armenia-Azerbaijan conflict over Nagorno-Karabakh should not halt momentum. The U.S., EU, Russia and others should maintain support for reconciliation and avoid harming it with statements about history at a critical and promising time.
Topic:
International Relations, Diplomacy, Genocide, Regional Cooperation, and Treaties and Agreements
Political Geography:
Russia, United States, Europe, Turkey, Caucasus, Asia, Soviet Union, Armenia, and Azerbaijan

144. U.S. Institute of Peace Teaches International Security Personnel to Resolve Conflicts without Resorting to the Use of Force

Author:
Mary Hope Schwoebel
Publication Date:
07-2009
Content Type:
Policy Brief
Institution:
United States Institute of Peace
Abstract:
Over the past decade, the United States Institute of Peace (USIP) has trained members of police and military forces around the world to prepare them to participate in international peacekeeping operations or to contribute to post-conflict stabilization and rule of law interventions in their own or in other war-torn countries. Most of the training takes place outside the United States, from remote, rugged bases to centrally located schools and academies, from Senegal to Nepal, from Italy to the Philippines.
Topic:
Conflict Resolution, Conflict Prevention, International Relations, Security, and Peace Studies
Political Geography:
United States, Philippines, Nepal, Italy, and Senegal

145. Passing a Flaming Torch: The Middle Eastern Issues Confronting the Obama Administration

Author:
Rami G. Khouri
Publication Date:
02-2009
Content Type:
Working Paper
Institution:
Center for Contemporary Arab Studies
Abstract:
With its army and its diplomatic posture, the American administration is now deeply part of the Middle East. Many of the problems of the region have been clearly aggravated, and in some cases sparked, by American policy, though many of them are a joint venture between Arabs and is, between Tirrks and Iranians, and between Europeans of different nationalities. But because the United States is such a decisive player in the Middle East, it has inordinate power to affect things in the region for good or for bad.
Topic:
International Relations, Foreign Policy, and Islam
Political Geography:
United States, America, Europe, Middle East, Israel, and Arabia

146. Quds Day in Iran: Velvet Revolution Trumps Nuclear Negotiations

Author:
Patrick Clawson and Mehdi Khalaji
Publication Date:
09-2009
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
While the United States is concentrating on the G-20 summit and the October 1 meeting with the secretary of Iran's Supreme National Security Council, Iranian attention has been focused on the potentially destabilizing protests planned for September 18, Quds Day. This critical difference of agenda -- with Iran focused more on its domestic turmoil than on simmering international issues -- will be a major complicating factor in negotiations between the international community and Iran in the coming weeks.
Topic:
International Relations, Security, International Cooperation, Islam, Nuclear Weapons, and Weapons of Mass Destruction
Political Geography:
United States and Iran

147. Broadening the U.S. Approach on Iran

Author:
Michael Singh
Publication Date:
09-2009
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
With Iran's September 14 acceptance of a meeting with the P5+1 countries on October 1, the Obama administration finally appears poised to engage in direct talks with Iran. In entering these talks, Washington faces two obstacles: first, Iran's reputation for recalcitrance in negotiations and its stated refusal to discuss the nuclear issue, upon which American concerns center; and second, the perception that the administration is lending legitimacy to a regime fresh from violent repression of its political opponents.
Topic:
International Relations, Diplomacy, and Nuclear Weapons
Political Geography:
United States, Iran, Washington, and Middle East

148. Muslim Engagement: The Obama Administration's Approach

Author:
Farah Pandith
Publication Date:
07-2009
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
The United States currently has an exceptional opportunity to create a new framework for engaging Muslim communities worldwide. As the new administration aims to counter the narratives of the past and break down existing stereotypes, President Barack Obama has set a tone of innovation and engagement based on "mutual interest and mutual respect." This fresh approach inspired Secretary of State Hillary Clinton to establish the Office of the Special Representative to Muslim Communities (OSRMC).
Topic:
International Relations, Foreign Policy, and Islam
Political Geography:
United States and Arabia

149. What Do They Really Want?: Obama's North Korea

Author:
Victor D. Cha
Publication Date:
10-2009
Content Type:
Journal Article
Journal:
The Washington Quarterly
Institution:
Center for Strategic and International Studies
Abstract:
Negotiating with North Korea is all about contradictions. What can be important one day can become unimportant the next. A position they hold stubbornly for weeks and months can suddenly disappear. But these contradictions tell us a lot about core goals that may lie beneath Pyongyang's rhetoric and the provocative actions which culminated in a second nuclear test on May 25, 2009. Understanding these core goals, moreover, offers insights into how spectacularly unsuccessful North Korean leader Kim Jong-il has been as he prepares to step down. What do the North Koreans ultimately want with their recent spate of provocative behavior? What is often stated through the mouths of their foreign ministry officials is only a part of the Pyongyang leadership's broader goals. The judgments that follow are also informed by the experiences and ‘‘gut instincts’’ of those who have negotiated with the regime over the past sixteen years.
Topic:
International Relations and Bilateral Relations
Political Geography:
United States, Washington, and North Korea

150. America's Security Role in a Changing World

Author:
Patrick M. Cronin, editor
Publication Date:
09-2009
Content Type:
Working Paper
Institution:
Academy of Political Science
Abstract:
“A'historic economic downturn has put at stake the prosperity that underpins our strength while putting at risk the stability of governments and survival of people around the world. We're threatened by the spread of the world's deadliest weapons, by emerging cyber threats, and by a dependence on foreign oil that endangers our security and our planet. Poverty, disease, the persistence of conflict and genocide in the 21st century challenge our international alliances, partnerships and institutions and must call on all of us to reexamine our assumptions. These are the battlefields of the 21st century. These are the threats we now face. And in these struggles, the United States of America must succeed and we will succeed. We also know that the old approaches won't meet the challenges of our time. Threats now move freely across borders and the ability to do great harm lies in the hands of individuals as well as nations. No technology, no matter how smart, can stop the spread of nuclear weapons. No army, no matter how strong, can eliminate every adversary. No weapon, no matter how powerful, can erase the hatred that lies in someone's heart.”
Topic:
International Relations, Security, Foreign Policy, Diplomacy, and International Security
Political Geography:
United States