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91. Journal of Public and International Affairs 2017

Author:
Bethany Atkins, Trevor Pierce, Valentina Baiamonte, Chiara Redaelli, Hal Brewster, Vivian Chang, Lindsay Holcomb, Sarah Lohschelder, Nicolas Pose, Stephen Reimer, Namitha Sadanand, and Eustace Uzor
Publication Date:
05-2017
Content Type:
Journal Article
Journal:
Woodrow Wilson School Journal of Public and International Affairs
Institution:
Woodrow Wilson School of Public and International Affairs, Princeton University
Abstract:
From the United States to the Switzerland, this year’s Journal draws on a diverse range of authors’ experiences and studies to analyze a varied—yet timely—set of current issues. By spotlighting topics such as climate change, voting rights, and gender issues, JPIA contributes to the debates that are occurring today. The strong use of quantitative analysis and in-depth study of resources ensures that this year’s Journal adds a select perspective to the debate that hopefully policymakers will find useful and actionable.
Topic:
Security, Climate Change, Development, Narcotics Trafficking, Law, Prisons/Penal Systems, Elections, Women, Brexit, Multilateralism, Private Sector, Carbon Tax, Carbon Emissions, and Gerrymandering
Political Geography:
Britain, Afghanistan, Africa, China, South Asia, Central Asia, Asia, and Nigeria

92. UK Policy Options and the South Atlantic

Author:
Martin Robson
Publication Date:
12-2017
Content Type:
Journal Article
Journal:
AUSTRAL: Brazilian Journal of Strategy International Relations
Institution:
Postgraduate Program in International Strategic Studies, Universidade Federal do Rio Grande do Sul
Abstract:
This article utilises International Relations role theory to analyse a number of potential roles for the United Kingdom as an actor with vested interests in the South Atlantic. It assesses the contemporary context of the UK’s trading relationship with the South Atlantic in light of the ongoing dialogue between the EU and the UK with regard to BREXIT. It also recognises the strategic realities of the South Atlantic and the UK’s Overseas Territories in the region. It posits that the UK, as a strategic actor in the South Atlantic, is limited in its role choices and that the role of ‘Opportunistic Partner’ in terms of its relationship with Argentina, offers the most scope as the basis for future mutually beneficial trading relations to normalise further political relations between the two countries.
Topic:
Diplomacy, International Trade and Finance, European Union, and Brexit
Political Geography:
Africa, United Kingdom, Europe, South America, and South Atlantic

93. Britain After Brexit: A Nation Divided

Author:
Robert Ford and Matthew Goodwin
Publication Date:
01-2017
Content Type:
Journal Article
Journal:
Journal of Democracy
Institution:
National Endowment for Democracy
Abstract:
On 23 June 2016, the United Kingdom voted by a 52 to 48 margin to leave the European Union. The result of the EU referendum was the latest and most dramatic expression of long-term social changes that have been silently reshaping public opinion, political behavior, and party competition in Britain and Western democracies. In this essay, we consider the underlying social and attitudinal shifts that made “Brexit” and the rise to prominence of the populist, right-wing U.K. Independence Party (UKIP) possible. Finally, we consider what these momentous developments reveal about the state of British politics and society.
Topic:
Nationalism, Regional Cooperation, European Union, and Brexit
Political Geography:
Britain, United Kingdom, and Europe

94. Andrej Plenković, Prime Minister of Croatia

Author:
Andre Plenković
Publication Date:
09-2017
Content Type:
Video
Institution:
Columbia University World Leaders Forum
Abstract:
His Excellency Andrej Plenković, Prime Minister of the Republic of Croatia, addresses the Columbia University World Leaders Forum at the Casa Italiana.
Topic:
International Cooperation, International Affairs, European Union, and Brexit
Political Geography:
Europe, Croatia, United States of America, and New York

95. Brexit -- What Does It Mean for Ireland?

Author:
John Bruton
Publication Date:
05-2017
Content Type:
Special Report
Institution:
Center for Transatlantic Relations
Abstract:
Testimony by CTR Distinguished Fellow and former Irish Prime Minister John Bruton at the Seanad Special Select Committee on the UK’s Withdrawal from the European Union on Thursday, April 27 2017.
Topic:
International Trade and Finance, Treaties and Agreements, Border Control, European Union, and Brexit
Political Geography:
United Kingdom, Europe, Ireland, and European Union

96. The challenges facing the ‘new’ Spain

Author:
William Chislett
Publication Date:
01-2017
Content Type:
Working Paper
Institution:
Elcano Royal Institute
Abstract:
Although some Spaniards joke that the country has got along fine with a caretaker government for 315 days, this year has been a lost one. There are some pressing issues that need to be tackled now that there is finally a functioning government. But the new Popular Party (PP) government no longer has an absolute majority. As a minority administration it will have to negotiate its laws and reforms in a deeply fragmented parliament, the result of the upending of the PP and the Socialist Party (PSOE) by two new parties, the far left Unidos Podemos (UP) and the centrist Ciudadanos (C’s). The government has a lot on its plate, including the following: (a) belatedly approving the budget for 2017 and meeting the EU’s threshold for the deficit (3% of GDP) in 2018 (a target imposed by Brussels that the PP persistently missed); (b) deciding what to do about the push for independence in Catalonia (the region’s government says it will hold a referendum on the issue in September 2017 regardless of whether the central government approves it or not); (c) cleaning up corruption in the political class; (d) making the judiciary more independent; (e) possibly deepening the labour market reforms in a bid to reduce the still very high unemployment rate (18.9%); (f) reforming an education system whose early school-leaving rate of 20% is close to double the EU average; (g) bolstering the ailing pension system hit by a sharp fall in the number of social security contributors and a rapidly ageing population; and (h) making its voice heard more in the post-Brexit debate.
Topic:
International Relations and Brexit
Political Geography:
Spain and European Union

97. Brexit and the European financial system

Author:
Uuriintuya Batsaikhan, Robert Kalcik, and Dirk Schoenmaker
Publication Date:
02-2017
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
London is an international financial centre, serving European and global clients. A hard Brexit would lead to a partial migration of financial firms from London to the EU27 (EU minus UK) to ensure they can continue to serve their EU27 clients. Four major cities will host most of the new EU27 wholesale markets: Frankfurt, Paris, Dublin and Amsterdam. These cities have far fewer people employed in finance than London. Moreover, they host the European headquarters of fewer large companies. The partial migra- tion of financial firms will thus have a major impact on these cities and their infrastructures. Banks are the key players in wholesale markets. United States and Swiss investment banks, together with one large German and three large French banks, will make up the core of the new EU27 wholesale markets. Some Dutch, Italian and Spanish banks are in the second tier. The forex, securities and derivatives trading markets are now in London. We map the current, limited market share of the four major cities that might host the EU27 client business. The expected migration of financial trading will lead to a large increase in trading capacity (eg bank trading floors). Clearing is the backbone of modern financial markets. A comparative overview of clearing facilities in the EU27 shows that Germany and France have some clearing capacity, but this will need to be expanded. The ownership of clearing is often intertwined with stock exchanges. Were the planned LSE-Deutsche Börse merger to go ahead, LSE would sell the Paris subsidiary of its clearinghouse. In terms of legal systems, there is an expectation that trading activities will be able to continue under English contract law, also in the EU27. A particular challenge is to develop FinTech (financial technology) in the EU27, as this innovative part of the market is currently based in London. We estimate that some 30,000 jobs might move from London to the EU27. This will put pressure on the facilities (infrastructure, offices, residential housing) in the recipient cities. The more the European Union market for financial services is integrated, the less need there will be for financial firms to move to one location, reducing the pressure for all facilities to be in one city (see Sapir et al, 2017, which is a companion piece to this paper).
Topic:
International Political Economy, International Trade and Finance, and Brexit
Political Geography:
Britain and Europe

98. Making the best of Brexit for the EU27 financial system

Author:
Andre Sapir, Dirk Schoenmaker, and Nicolas Veron
Publication Date:
02-2017
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
The United Kingdom’s exit from the European Union creates an opportunity for the remaining EU27 to accelerate the development of its financial markets and to increase its resilience against shocks. Equally, Brexit involves risks for market integrity and stability, because the EU including the UK has been crucially dependent on the Bank of England and the UK Financial Conduct Authority for oversight of its wholesale markets. Without the UK, the EU27 must swiftly upgrade its capacity to ensure market integrity and financial stability. Furthermore, losing even partial access to the efficient London financial centre could entail a loss of efficiency for the EU27 economy, especially if financial developments inside the EU27 remain limited and uneven.
Topic:
Economics, International Political Economy, International Trade and Finance, Political stability, and Brexit
Political Geography:
Britain and Europe

99. Is Brexit an opportunity to reform the European Parliament?

Author:
Robert Kalcik and Guntram Wolff
Publication Date:
01-2017
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
Brexit offers a political opportunity for the European Parliament to reform the allocation of seats to member states. This Policy Contribution explores different options for reform and their implications for equality of representation and distribution of seats to countries, within the constraints set by the EU treaties.
Topic:
International Organization, International Affairs, Political Theory, European Union, Democracy, and Brexit
Political Geography:
Europe

100. The Future Shape Of Europe: How The EU Can Bend Without Breaking

Author:
Dinah Pardijs and Almut Möller
Publication Date:
03-2017
Content Type:
Special Report
Institution:
European Council On Foreign Relations
Abstract:
Faced with internal and external pressures, the EU is increasingly focused on “cooperation” and “deliverables”, rather than “integration”. ECFR’s research shows that a critical mass of countries agree on the need for more flexible cooperation within the EU.
Topic:
International Cooperation, European Union, and Brexit
Political Geography:
Europe