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242. Dubai Property: An Oasis for Nigeria’s Corrupt Political Elites
- Author:
- Matthew Page
- Publication Date:
- 03-2020
- Content Type:
- Working Paper
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- For politically exposed persons (PEPs) with ill-gotten wealth, Dubai in the United Arab Emirates (UAE) is an alluring destination for investing their gains. Although certainly not the only place to stash money, Dubai—dubbed the commercial capital of the Middle East—exercises minimal oversight and has few legal or logistical obstacles to transferring large amounts of cash or purchasing property. PEPs, defined as individuals who are or have been entrusted with a prominent public function, are at higher risk of involvement in unlawful activity due to their positions of influence and access to assets.1 In some cases, government officials and associates who succumb to the temptation become front-page news, but in many other cases, their activities go undetected or uncorroborated, despite the efforts of local authorities and intergovernmental bodies such as the Financial Action Task Force. As a result, billions of dollars are siphoned away to the detriment of both prosperous and struggling economies and societies. The case of Nigeria—home to Africa’s largest economy and the world’s seventh most populous country—offers valuable insights into this phenomenon.2 For Nigerian PEPs in particular, Dubai is an accessible oasis far away from the political drama in their capital, Abuja, or the hustle and bustle of their biggest city, Lagos. But a dearth of specific information about Nigerian PEPs’ property in Dubai has long precluded a deeper analysis of the share of illicit financial outflows from Nigeria; that is, until 2016, when the Center for Advanced Defense Studies (now known as C4ADS) acquired the data of a private database of Dubai real estate information (dubbed the “Sandcastles” data). At least 800 properties were found to have links to Nigerian PEPs or their family members, associates, and suspected proxies. With such information and continued monitoring, Nigerian and Emirati authorities and national and international actors could ramp up their scrutiny on high-end property transactions involving Nigerian elites to ensure that these purchases are not being made with pilfered public funds. The two countries could also deepen bilateral law enforcement cooperation by sharing information and assisting investigations more responsively and routinely. For their part, Western governments, the United Nations, and other international organizations could press the UAE to make its property and corporate records more transparent.
- Topic:
- Corruption, Economy, Financial Crimes, Elites, and Property
- Political Geography:
- Africa, Nigeria, Dubai, and Gulf Nations
243. Breaking the Cycle of Gender Exclusion in Political Party Development
- Author:
- Saskia Brechenmacher and Caroline Hubbard
- Publication Date:
- 03-2020
- Content Type:
- Working Paper
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- Political parties around the world face a crisis in public confidence. Many citizens view them as inaccessible and unresponsive to their concerns. Parties pose specific challenges for women, who face both formal and informal barriers to participation, including opaque nomination procedures, violence, and parties with hypermasculine cultures. The formation of new parties during periods of political transition represents a potential opportunity to break these patterns. Transitions can be openings to transform the broader political, legal, and social barriers to an inclusive kind of politics. In these moments of flux, the development of new party branches and rules, as well as the renegotiation of broader institutional frameworks, can enable women and other marginalized groups to push for greater political representation within party structures. What factors influence the level of gender inclusion in processes of party development? This question is central for policymakers, advocates, and practitioners seeking to support inclusive democracy and gender equality in transitional societies and beyond. To shed light on this topic, this study investigates gender inclusion in three types of party formation that commonly unfold during political transitions: a social movement to a party (as exemplified by Ennahda in Tunisia); an armed movement to a party (as illustrated by the African National Congress [ANC] in South Africa); and a dominant party to a breakaway party (as shown by the Mouvement du Peuple pour le Progrès [MPP] in Burkina Faso).
- Topic:
- Gender Issues, Women, Inequality, and Political Parties
- Political Geography:
- Africa, South Africa, North Africa, Tunisia, and Burkina Faso
244. The Transformation of the Iraqi-Syrian Border: From a National to a Regional Frontier
- Author:
- Harith Hasan and Kheder Khaddour
- Publication Date:
- 03-2020
- Content Type:
- Working Paper
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- Over the past nearly two decades, the presence of a variety of state and nonstate military and security forces has transformed the Syrian border district of Bukamal and the neighboring Iraqi district of Qa’im. Following the end of the self-proclaimed Islamic State’s caliphate, Iranian-backed militias began to play a major role in the area, turning it into a flashpoint between Iran and its allies on the one side and the United States and Israel on the other. The strain of tensions and the threat of instability are liable to ensure that this heavily securitized part of the border will remain a magnet for conflict for years to come.
- Topic:
- Geopolitics, Islamic State, Conflict, and Borders
- Political Geography:
- Iraq, Iran, Middle East, and Syria
245. Eastern Yemen’s Tribal Model for Containing Conflict
- Author:
- Ahmed Nagi
- Publication Date:
- 03-2020
- Content Type:
- Working Paper
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- The tribes of Mahra, a part of eastern Yemen that borders Oman, adhere to a code of conduct that has helped the area’s inhabitants mediate disputes and contain conflict at key points in the region’s history. This has ensured a degree of stability for Mahra even in times of war. Today, as the war in Yemen continues, the region is the site of a power struggle between Saudi Arabia and Oman. The Mahri code of conduct has enabled the region to escape the worst excesses of the war and to limit Saudi influence there. Though often overlooked, the Mahri approach could offer lessons in defusing tensions between the warring parties elsewhere in conflict-ridden Yemen.
- Topic:
- Conflict Resolution, Civil War, Conflict, Crisis Management, and Tribes
- Political Geography:
- Middle East and Yemen
246. Cyber Mapping the Financial System
- Author:
- Jan-Philipp Brauchle, Matthias Göbel, Jens Seiler, and Christoph Von Busekist
- Publication Date:
- 04-2020
- Content Type:
- Working Paper
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- Cyber risks present a growing threat for individual agents in the financial system: banks, insurers, central counterparties, and the like. However, cyber events may also have the potential to destabilize the financial system as a whole. While dedicated microprudential regulatory and supervisory regimes are in place or are being developed to manage cyber risks especially at credit institutions, what is lacking is a systemic view of cyber risks that particularly sheds light on concentrations and contagion channels that are material to the financial system.
- Topic:
- Science and Technology, Finance, Networks, Risk, and Financial Institutions
- Political Geography:
- Global Focus
247. U.S. Foreign Policy for the Middle Class: Perspectives From Nebraska
- Author:
- Salman Ahmed, Allison Gelman, Tarik Abdel-Monem, Wendy Cutler, Rozlyn Engel, David Gordon, Jennifer Harris, Douglas Lute, Jill O'Donnell, Daniel M. Price, David Rosenbaum, Christopher Smart, Jake Sullivan, Ashley J. Tellis, Eric Thompson, Janell C. Walther, and Tom Wyler
- Publication Date:
- 05-2020
- Content Type:
- Special Report
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- U.S. foreign policy has not come up often in the 2020 presidential campaign. But when it has, candidates on both sides of the aisle frequently have stressed that U.S. foreign policy should not only keep the American people safe but also deliver more tangible economic benefits for the country’s middle class. The debate among the presidential contenders is not if that should happen but how to make it happen. All too often, this debate takes place within relatively small circles within Washington, DC, without the benefit of input from state and local officials, small business owners, community leaders, local labor representatives, and others on the front lines of addressing the challenges facing middle-class households. That is why the Carnegie Endowment for International Peace convened a bipartisan task force in late 2017 to lift up such voices and inject them into the ongoing debate. The task force partnered with university researchers to study the perceived and measurable economic effects of U.S. foreign policy on three politically and economically different states in the nation’s heartland—Colorado, Nebraska, and Ohio. The first two reports on Ohio and Colorado were published in December 2018 and November 2019, respectively. This third report on Nebraska has been prepared in partnership with a team of researchers at the University of Nebraska–Lincoln (UNL). To gauge perceptions of how Nebraska’s middle class is faring and the ways in which U.S. foreign policy might fit in, the Carnegie and UNL research teams reviewed household surveys and conducted individual interviews and focus groups, between July and August 2019, with over 130 Nebraskans in Columbus, Scottsbluff/Gering, Kearney, Lincoln, North Platte, and Omaha.
- Topic:
- Foreign Policy, Climate Change, Politics, Immigration, Economy, Domestic politics, Class, and Trade
- Political Geography:
- North America and United States of America
248. Is It a Nuke?: Pre-Launch Ambiguity and Inadvertent Escalation
- Author:
- James M. Acton
- Publication Date:
- 04-2020
- Content Type:
- Special Report
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- Ambiguity about whether a weapon is nuclear-armed prior to its launch is an underappreciated, serious, and growing danger. Rising geopolitical tensions and the decay of arms control are exacerbating the risk that such pre-launch warhead ambiguity could lead to nuclear use in a crisis or conflict. Recent developments in technology—as well as potential future advances, such as the development of ambiguous intercontinental missiles—further add to the danger. A first step toward reducing these risks is to enhance awareness among decisionmakers of the causes and potential consequences of ambiguity. Unilateral and cooperative risk-mitigation measures could further reduce the danger of escalation, including in conflicts between the United States and Russia or the United States and China.
- Topic:
- Conflict Prevention, Arms Control and Proliferation, Nuclear Weapons, and Geopolitics
- Political Geography:
- Russia, China, and United States of America
249. International Intellectual Property after the New NAFTA
- Author:
- Jeremy de Beer
- Publication Date:
- 01-2020
- Content Type:
- Working Paper
- Institution:
- Centre for International Governance Innovation
- Abstract:
- The Canada-United States-Mexico Agreement (CUSMA) is the new high-water mark in international intellectual property (IP) law. CUSMA includes most of the Trans-Pacific Partnership provisions that were suspended in the Comprehensive and Progressive Trans-Pacific Partnership, except for a few pharmaceutical-related provisions amended after signing. Canada will be required to make meaningful changes to domestic IP laws, including copyright term extension, criminal penalties for tampering with digital rights management information, restoration of patent terms to compensate for administrative and regulatory delays, broader and longer protection for undisclosed testing data and other data, new civil and criminal remedies for the misappropriation of trade secrets, and additional powers for customs officials to seize and destroy IP-infringing goods.
- Topic:
- International Trade and Finance, Regional Cooperation, Intellectual Property/Copyright, NAFTA, and USMCA
- Political Geography:
- United States, Canada, North America, and Mexico
250. Regional Financial Arrangements and the International Monetary Fund: Sustaining Coherence in Global Financial Governance
- Author:
- C. Randall Henning
- Publication Date:
- 01-2020
- Content Type:
- Working Paper
- Institution:
- Centre for International Governance Innovation
- Abstract:
- Cooperation and competition among regional financial arrangements (RFAs) and the International Monetary Fund (IMF) increasingly determine the effectiveness of the global financial safety net (GFSN), which many observers fear is becoming fragmented. Overlap among these crisis-fighting institutions has important benefits but also pitfalls, including with respect to competition, moral hazard, independence, institutional conflict, creditor seniority and non-transparency. The study reviews the RFAs in Latin America, East Asia and Europe to assess their relationships with the IMF and address these problems. Among other things, it concludes: institutional competition, while harmful in program conditionality, can be beneficial in economic analysis and surveillance; moral hazard depends critically on institutional governance and varies substantially from one regional arrangement to the next; secretariats should be independent in economic analysis, but lending programs should be decided by bodies with political responsibility; and conflicts among institutions are often resolved by key member states through informal mechanisms that should be protected and developed. Findings of other recent studies on the GFSN are critiqued. Architects of financial governance should maintain the IMF at the centre of the safety net but also develop regional arrangements as insurance against the possibility that any one institution could be immobilized in a crisis, thereby safeguarding both coherence and resilience of the institutional complex.
- Topic:
- Governance, Surveillance, Strategic Competition, and IMF
- Political Geography:
- Europe, Middle East, Asia, South America, Australia, North America, and Global Focus