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321. Lessons from South Africa's BITs review

Author:
Xavier Carim
Publication Date:
11-2013
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
Proponents tend to argue that bilateral investment treaties (BITs) encourage investment and strengthen the rule of law particularly in jurisdictions where court systems are weak or biased against foreigners. This premise is contested. First, studies on BITs and FDI suggest the relationship is, at best, ambiguous and that BITs are neither necessary nor sufficient to attract FDI. Indeed, South Africa receives FDI from investors in countries with whom it has no BIT and often little or no FDI from others where a BIT was in place.
Topic:
Security, Economics, Emerging Markets, International Trade and Finance, and Treaties and Agreements
Political Geography:
Africa and South Africa

322. The New NATO Policy Guidelines on Counterterrorism: Analysis, Assessments, and Actions

Author:
Stefano Santamato and Marie-Theres Beumler
Publication Date:
02-2013
Content Type:
Working Paper
Abstract:
The history of the North Atlantic Treaty Organization (NATO) will say that the first, and so far only, time NATO has called upon its Article 5 collective defense clause was on September 12, 2001, following a terrorist attack on one of its members. Yet, until the agreement by NATO Heads of State and Government on the new policy guidelines on counterterrorism on May 20, 2012, NATO did not have an agreed policy to define its role and mandate in countering terrorism.
Topic:
Foreign Policy, Defense Policy, NATO, Cold War, International Cooperation, Treaties and Agreements, and Counterinsurgency
Political Geography:
United States

323. Economic Policy Coordination in the Economic and Monetary Union: From Maastricht via the SGP to the Fiscal Pact

Author:
Jørgen Mortensen
Publication Date:
08-2013
Content Type:
Working Paper
Institution:
Centre for European Policy Studies
Abstract:
This paper first takes a step backwards with an attempt to situate the recent adoption of the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union in the context of discussions on the Stability and Growth Pact (SGP) and the 'Maastricht criteria', as fixed in the Maastricht Treaty for membership in the Economic and Monetary Union (EMU) in a longer perspective of the sharing of competences for macroeconomic policy-making within the EU. It then presents the main features of the new so-called 'Fiscal Compact' and its relationship to the SGP and draws some conclusions as regards the importance and relevance of this new step in the process of economic policy coordination. It concludes that the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union does not seem to offer a definitive solution to the problem of finding the appropriate budgetary-monetary policy mix in EMU, which was already well identified in the Delors report in 1989 and regularly emphasised ever since and is now seriously aggravated due to the crisis in the eurozone. Furthermore, implementation of this Treaty may under certain circumstances contribute to an increase in the uncertainties as regards the distribution of the competences between the European Parliament and national parliaments and between the former and the Commission and the Council.
Topic:
Economics, Markets, Regional Cooperation, Treaties and Agreements, and Monetary Policy
Political Geography:
Europe

324. Cooperative Security: A New Paradigm for a World Without Nuclear Weapons?

Author:
Marc Finaud
Publication Date:
02-2013
Content Type:
Working Paper
Institution:
The Geneva Centre for Security Policy
Abstract:
If there is a loose consensus on aiming at a world free of nuclear weapons in the future, there are clear oppositions as to the time-frame as well as the means for achieving this goal. The approach to nuclear disarmament followed to date has only yielded limited success because it has been conceived in isolation of global and regional security environments and threat perceptions. A new paradigm should thus be sought in order to reconcile nuclear powers' security doctrines with the global aspirations for a safer world, and ensure that nuclear powers derive their security less from others' insecurity but from mutually beneficial cooperative security. This should not become a pretext for preserving nuclear weapons for ever. It will on the contrary require parallel tracks addressing the initial motivations for acquiring nuclear weapons and other weapons of mass destruction (WMD), in particular in the context of regional conflicts, as well as dealing with the current issues necessarily related to nuclear disarmament (missile defence, weaponization of space, conventional imbalances and future weapon systems). Ultimately in a globalised nuclear-weapon free world, state security will not require nuclear weapons because it will be inserted into a broader network encompassing all aspects of security addressed in cooperative and multilateral approaches.
Topic:
Conflict Prevention, Security, Arms Control and Proliferation, Nuclear Weapons, Treaties and Agreements, and Weapons of Mass Destruction

325. The Hyperglobalization of Trade and Its Future

Author:
Arvind Subramanian and Martin Kessler
Publication Date:
08-2013
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics
Abstract:
This paper describes seven salient features of trade integration in the 21st century: Trade integration has been more rapid than ever (hyperglobalization); it is dematerialized, with the growing importance of services trade; it is democratic, because openness has been embraced widely; it is criss-crossing because similar goods and investment flows now go from South to North as well as the reverse; it has witnessed the emergence of a mega-trader (China), the first since Imperial Britain; it has involved the proliferation of regional and preferential trade agreements and is on the cusp of mega-regionalism as the world's largest traders pursue such agreements with each other; and it is impeded by the continued existence of high barriers to trade in services. Going forward, the trading system will have to tackle three fundamental challenges: In developed countries, the domestic support for globalization needs to be sustained in the face of economic weakness and the reduced ability to maintain social insurance mechanisms. Second, China has become the world's largest trader and a major beneficiary of the current rules of the game. It will be called upon to shoulder more of the responsibilities of maintaining an open system. The third challenge will be to prevent the rise of mega-regionalism from leading to discrimination and becoming a source of trade conflicts. We suggest a way forward—including new areas of cooperation such as taxes—to maintain the open multilateral trading system and ensure that it benefits all countries.
Topic:
Economics, Globalization, International Trade and Finance, Markets, and Treaties and Agreements
Political Geography:
China

326. Orta Asya'da İşbirliği ve Bütünleşme: Kolektif Güvenlik Antlaşması Örgütü Örneği

Author:
Çağla Gül Çağla Gül
Publication Date:
01-2013
Content Type:
Working Paper
Institution:
Global Political Trends Center
Abstract:
This study examines the Collective Security Treaty Organization and its effects on cooperation and unification processes among Central Asian states. It argues that cooperation and unification among Central Asian States are mainly affected by the international environment that has changed after 9/11 and the Afghanistan Operation. Regional Powers have cooperated with both the US and the Russian Federation in fighting against terrorism. Central Asian States have been considering their new path through independent foreign policy or inter-state cooperation and even unification.
Topic:
Islam, Regional Cooperation, Terrorism, and Treaties and Agreements
Political Geography:
United States and Central Asia

327. The European Citizens'Initiative: Next Big Thing or New False Good Idea ?

Author:
Franklin Dehousse
Publication Date:
07-2013
Content Type:
Working Paper
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
One innovative element of the Lisbon Treaty was the creation of a European Citizens' Initiative (ECI). At the time, this was sometimes hailed as a fundamental change in the European institutional system. A few years after the entry into force of the Treaty, however, much less is heard about this “first truly transnational instrument of modern direct democracy”, this “revolution in disguise”, this “very innovative and symbolic” provision5. This could seem surprising at first sight. Since the entry into force of the Treaty, the implementation of this provision has been remarkably rapid. Meanwhile, new arguments have risen concerning the lack of democratic legitimacy of the European Union, and the lack of connection between the European institutions and the citizens.
Topic:
Civil Society, Democratization, Regional Cooperation, Treaties and Agreements, and Governance
Political Geography:
Europe

328. Crying "Wolf": Why Turkish Fears Need Not Block Kurdish Reform

Publication Date:
10-2013
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
Negotiations underway since late 2012 between Turkey's government and the Kurdistan Workers' Party (PKK) are stalling. A ceasefire announced on 23 March 2013 remains precarious, as maximalist rhetoric gains renewed traction on both sides. While the PKK should be doing more to persuade Ankara that it wants a compromise peace, the government has a critical responsibility to fully address the longstanding democratic grievances of Turkey's Kurds. One reason it frequently gives for its hesitation is fear of a nationalist backlash. In fact, the peace process has already demonstrated how willing mainstream Turks would be to accept steps towards democratisation. A much bigger risk for the ruling Justice and Development Party (AKP), as it heads into a two-year cycle of local, presidential and parliamentary elections, would be if the three-decade-old conflict plunges into a new cycle of violence.
Topic:
Conflict Resolution, Ethnic Conflict, Islam, Peace Studies, Terrorism, Treaties and Agreements, and Insurgency
Political Geography:
Central Asia, Turkey, Middle East, and Kurdistan

329. Iran's Present Day Military Capabilities and Military Aspirations in the Middle East

Author:
Anthony H. Cordesman
Publication Date:
09-2013
Content Type:
Working Paper
Institution:
Center for Strategic and International Studies
Abstract:
Far too much of the analysis of Iran's search for nuclear weapons treats it in terms of arms control or focuses on the potential threat to Israel. In reality, Iran's mix of asymmetric warfare, conventional warfare, and conventionally armed missile forces have critical weaknesses that make Iran anything but the hegemon of the Gulf. Iran's public focus on Israel also disguises the reality that its primary strategic focus is to deter and intimidate its Gulf neighbors and the United States – not Israel. It has made major progress in creating naval forces for asymmetric warfare and developing naval missiles, but it has very limited air-sea and intelligence, surveillance and reconnaissance (IS) capabilities. It lacks modern conventional land, air, air defense and sea power, has fallen far behind the Arab Gulf states in modern aircraft and ships, and its land forces are filled with obsolete and mediocre weapons that lack maneuver capability and sustainability outside Iran. Iran needs nuclear weapons to offset these facts.
Topic:
Security, Foreign Policy, Defense Policy, Arms Control and Proliferation, Nuclear Weapons, Treaties and Agreements, and Weapons of Mass Destruction
Political Geography:
United States, Iran, Middle East, Israel, and Arabia

330. A more in-depth, technical Q from Siegfried Hecker on North Korea

Author:
Siegfried S. Hecker
Publication Date:
04-2013
Content Type:
Policy Brief
Institution:
Center for International Security and Cooperation
Abstract:
North Korea announced on April 2, 2013, that it would restart its nuclear facilities, including its 5 megawatt-electric (MWe) nuclear reactor in Yongbyon, north of the capital, which had been disabled and mothballed since an agreement in October 2007.
Topic:
Foreign Policy, Defense Policy, Arms Control and Proliferation, Nuclear Weapons, Treaties and Agreements, and Weapons of Mass Destruction
Political Geography:
United States, Israel, and North Korea