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36741. Pipeline Gas In Northeast Asia

Author:
Keun-Wook Paik and Jae-Yong Choi
Publication Date:
01-1998
Content Type:
Policy Brief
Institution:
Chatham House
Abstract:
The lack of indigenous oil and gas resources in Northeast Asia is a real obstacle to the region's economic development, and the region has paid the price. The importance of the introduction of pipeline gas into Northeast Asia lies not only in diversifying supply sources but also in providing price leverage for the region's consumers. Despite many implementation problems, the Sino-Russian agreement on East Siberian gas and pipeline development laid a firm basis for the introduction of pipeline gas into the region, and this could fundamentally affect the region's energy supply balance in the coming decades. The introduction of pipeline gas will open a new era of multilateral cooperation in the region. It is now no longer a matter of whether but when and how this gas will be introduced. Northeast Asia — comprising China, Russian Asia (Siberia and the Far East), Korea and Japan — forms the world's biggest market for liquefied natural gas (LNG). Out of world trade totalling just over 100 bcm in 1996, 63.8 bcm was imported by Japan and 13 bcm by Korea, together representing 75% of the world total. Given that China is set to import both LNG and pipeline gas in the next decade, there will be further rapid growth in the region's demand for gas. Many questions about the scale of expansion, the introduction of pipeline gas as a part of the expansion, the role of natural gas in power generation, and the establishment of multilateral cooperation for the pipeline development remain unresolved. Nevertheless, recent announcements by CNPC (China National Petroleum Corporation) of two contracts signed with the Kazakstan government for the development of oilfields for transport via pipeline to western China are a strong signal that the Northeast Asian region is set to witness the introduction of long-distance pipeline oil. In the longer term, these developments may be eclipsed by the development of pipeline gas. This paper briefly reviews the potential gas and oil supply sources to the Northeast Asian region and recent developments, together with the problems that need to be tackled for early implementation of pipeline gas. After presenting the results of a unique survey on the views of both Japanese and Korean companies on the Northeast Asian natural gas market and the development of long-distance pipelines, the paper discusses the implications of such developments.
Topic:
Development and Energy Policy
Political Geography:
Japan, China, East Asia, and Northeast Asia

36742. From G7 To G8: Evolution, Role and Documentation of a Unique Institution

Author:
Peter I. Hajnal
Publication Date:
04-1998
Content Type:
Working Paper
Institution:
Columbia International Affairs Online
Abstract:
As the next millennium approaches, the international community faces the fundamental challenge of devising at the global level mechanisms for governance to reinforce, and at times replace, those that have operated effectively for several centuries at the national level. The end of the cold war has substantially eliminated a world divided among a democratic west, communist east and non-aligned south, highlighted a host of new transnational, human security priorities and led to the demise of the self-contained "national security" state. The advent of globalization in finance, investment, trade, production and communication has led many national economies to be integrated into a single global economy, whose healthy functioning is increasingly vital to the well being of citizens even in large, advanced industrial economies such as the United States and Japan. Finally, new openness and technology have meant that many issues once dealt with primarily as a part of domestic politics - supervising banking systems, protecting the environment, combating organized crime, drugs and disease, ensuring nuclear safety, and creating employment, have now come to require collective international action for their effective accomplishment.
Topic:
International Organization and International Political Economy
Political Geography:
United States, Japan, and Europe

36743. The Dynamics Of Negotiation Processes On International Water Disputes — The Case Of The Nile Basin

Author:
Ariel Dinar and Senai Alemu
Publication Date:
11-1998
Content Type:
Working Paper
Institution:
Columbia International Affairs Online
Abstract:
Treaty-making, or negotiation/consultation processes on international water are guided usually by formal and informal rules, including international law, and accumulated experience, and are also affected by domestic politics. Generating a base-line agreement is a difficult task, which combines scientific uncertainty with political, economic, cultural and ideological issues.
Topic:
Environment and International Cooperation
Political Geography:
Africa

36744. Arms Control and the Revolution in Military Affairs

Author:
Dennis C. Blair, Robert L. Gallucci, John M. Shalikashvili, John J. Hamre, Sam Nunn, Paula Scalingi, Richard E. Combs, Janne E. Nolan, Henry G. Chiles, Theodore S. Gold, John D. Holum, Richard C. Macke, and Joerg H. Menzel
Publication Date:
06-1998
Content Type:
Working Paper
Institution:
Columbia International Affairs Online
Abstract:
The changing nature of technology and the proliferation of advanced commercialized technology are causing a transformation in the nature of threat and security issues and perceptions. The role of technology within the security environment has greatly enhanced the capabilities of both state and non-state actors. Concurrently, the use of technology has increased the vulnerabilities of states to the point where actors with a minimal amount of resources, such as transnational groups or terrorist organizations, can inflict significant harm on their victims. Although these actors are not capable of attacking the United States or its allies head-on, they may be able to exploit technology or use weapons of mass destruction (WMD) to present the United States or its allies with asymmetric threats and attacks. As a consequence, the traditional objectives and methods surrounding arms control and threat reduction must be adapted to in incorporate these new threats and to inject some certainty into an uncertain situation.
Topic:
Security, Defense Policy, Arms Control and Proliferation, and Nuclear Weapons
Political Geography:
United States

36745. European Union Views on International Greenhouse Gas Emissions Trading

Author:
Les Bissell, Johanna Hjerthen, Balachandar Jayaraman, Elizabeth Karkus, John Leahy, Gerald Mulder, Pamela Chasek, David Leonard Downie, Kevin Baumert, Sean Clark, and Joshua Tosteson
Publication Date:
05-1998
Content Type:
Working Paper
Institution:
Columbia International Affairs Online
Abstract:
In December 1997, the Third Conference of the Parties (COP-3) to the United Nations Framework Convention on Climate Change (UNFCCC) met in Kyoto, Japan to negotiate a protocol to limit greenhouse gas (GHG) emissions. Two of the main features of the Kyoto Protocol are (1) legally binding requirements for Annex I countries to reduce collectively their emissions of six greenhouse gases by at least 5.2% below 1990 levels between 2008 and 2012; and (2) flexibility measures, including joint implementation (Article 6), a Clean Development Mechanism (Article 12) and emissions trading (Article 17, which appeared as Article 16bis in the draft Protocol text adopted in Kyoto) to encourage countries to meet their obligations at the lowest cost. Although emissions trading (ET) provisions were included in the Kyoto Protocol, the Parties did not establish rules and guidelines for the trading system. Instead, Governments have been asked to address these issues at COP-4, to be held in Buenos Aires, Argentina on 2-13 November 1998.
Topic:
Environment, International Cooperation, and International Law
Political Geography:
Europe and United Nations

36746. Composite Indexes of Leading, Coincident, and Lagging Indicators: December 1998

Publication Date:
12-1998
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The leading index increased 0.3 percent, the coincident index increased 0.3 percent, and the lagging index decreased 0.2 percent in December. Taken together, the three composite indexes and their components show a healthy economy: The leading indicators point to a continuation of the expansion, which has become the second longest on record. The coincident indicators show aggregate activity rising at a more moderate pace than GDP's rise of 5.6 percent (annualized) in the 4th quarter of 1998. There is no evidence of cyclical imbalances that would jeopardize the economy's stability.
Topic:
Economics
Political Geography:
United States

36747. Composite Indexes of Leading, Coincident, and Lagging Indicators: November 1998

Publication Date:
11-1998
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The leading index increased 0.6 percent, the coincident index increased 0.2 percent, and the lagging index decreased 0.1 percent in November. Taken together, the three composite indexes and their components show a healthy economy with bright prospects in 1999. The coincident indicators point to GDP rising between 2.5 and 3 percent (annualized) in the 4th quarter of 1998. The leading indicators point to a continuation of the expansion through at least early 1999. The economy shows no evidence of cyclical imbalance.
Topic:
Economics
Political Geography:
United States

36748. Composite Indexes of Leading, Coincident, and Lagging Indicators: October 1998

Publication Date:
10-1998
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The leading index increased 0.1 percent, the coincident index increased 0.1 percent, and the lagging index decreased 0.1 percent in October. Taken together, the three composite indexes and their components show a healthy economy. The coincident indicators show the 4th quarter of 1998 starting with a relatively slow pace of growth (compared to the coincident index's rise of rise 3.0 percent and GDP's rise of 3.7 percent, annualized, during the first 3 quarters of 1998. The leading indicators show no serious impediments to moderate, or even strong, economic growth in 1999. There is almost no evidence of cyclical imbalances that would jeopardize the economy's stability.
Topic:
Economics
Political Geography:
United States

36749. Composite Indexes of Leading, Coincident, and Lagging Indicators: September 1998

Publication Date:
09-1998
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
Both the leading and coincident indexes held steady, while the lagging index fell 0.1 percent in September. Taken together, the three composite indexes and their components show a slowing, but still healthy economy. The coincident indicators suggest the expansion advanced in the 2 to 2.5 percent range in the 3rd quarter of 1998, compared with constant- dollar GDP showing a 3.3 percent increase (annualized). It is premature to predict a recession based on the leading indicators. The lagging indicators have moderated, giving less reason to worry that cyclical imbalances will soon jeopardize the economy's stability.lances could jeopardize the economy's stability.
Topic:
Economics and Political Economy
Political Geography:
United States

36750. Composite Indexes of Leading, Coincident, and Lagging Indicators: August 1998

Publication Date:
08-1998
Content Type:
Policy Brief
Institution:
The Conference Board
Abstract:
The leading index held steady, the coincident index increased 0.6 percent, and the lagging index increased 0.4 percent in August. Taken together, the three composite indexes and their components show a healthy economy. The coincident indicators point to GDP rising at a 2.5 to 3.0 percent pace (annualized) in the 3rd quarter of 1998. The leading indicators point to a continuation of the expansion through at least early 1999. The lagging indicators suggest a need to be concerned that cyclical imbalances could jeopardize the economy's stability in 1999.
Topic:
Economics
Political Geography:
United States