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36911. Regulatory Competition and International Cooperation

Author:
Philipp Genschel and Thomas Plumper
Publication Date:
04-1997
Content Type:
Working Paper
Institution:
Max Planck Institute for the Study of Societies
Abstract:
Recent research has shown that regulatory competition does not necessarily lead to downward pressures on regulation, but may at times also push the level of regulation upwards. Extending David Vogel's "California effect" argument, this paper shows that such upward pressure may not only result directly from the dynamics of the competitive process but also from international cooperation. Evidence from two case studies on international capital market regulation is used to identify the conditions under which cooperation in the shadow of regulatory competition is likely to succeed or fail. The successful multilateral standardisation of banking capital requirements in the BIS is compared to failed attempts to harmonise interest taxation across EC member states.
Topic:
Government, International Cooperation, and International Political Economy
Political Geography:
California

36912. Proceedings: START II, Missile Non-Proliferation, and Missile Defense

Author:
Alexander Pikayev, Alexei Arbatov, Richard Speier, Rodney W. Jones, John Pike, Michael Nacht, Linton Brooks, Stephen Cambone, Seth Carus, Robert Einhorn, Ronald Lehman II, McCarthy Tim, Yuri Nazarkin, Keith Payne, Henry Sokolski, and Mikhail Streltsov
Publication Date:
02-1996
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
The first panel focused on the U.S. and Russian stakes in strategic arms control, the prospects for START II ratification in Russia, the status of START III issues, and the possibilities for cooperative approaches to the issues of strategic offense-defense interaction. The Russian panelists, Ambassadors Yuri Nazarkin and Mikhail Streltsov, and State Duma member Alexei Arbatov, explained Russia's START II reservations, steps in the ratification process, and expected implementation problems in eliminating Russia's multiple warhead (MIRVed) intercontinental ballistic missiles (ICBMs). On balance, they agreed that START II serves Russia's basic interests, in lower levels of strategic arms, eventual economic savings, and political and military parity with the United States. They acknowledged that the ball is now in Russia's court, and ventured that parliament's approval probably would occur eventually.
Topic:
Security, Arms Control and Proliferation, International Cooperation, and Nuclear Weapons
Political Geography:
Russia and United States

36913. Nigeria: Country Profile

Publication Date:
11-1996
Content Type:
Working Paper
Institution:
Africa Policy Information Center
Abstract:
Nigeria, Africa's most populous nation, was a pioneer in the movement for African independence. In past centuries, its territory was home to a series of powerful and technically-advanced societies, renowned for their artistic, commercial, and political achievements.
Topic:
Democratization, Economics, Ethnic Conflict, Government, Nationalism, and Politics
Political Geography:
Africa and Nigeria

36914. Africa on the Internet: Starting Points for Policy Information

Publication Date:
07-1996
Content Type:
Working Paper
Institution:
Africa Policy Information Center
Abstract:
Electronic networks—and particularly the new tools of e-mail and the World Wide Web (see below for an overview of basic concepts and a glossary with short definitions)—have great potential for enhancing global democratic access to policy-making processes. But de facto access to effective use of these technologies is biased in all the predictable directions: by race, gender, economic status, and location. Africa, to date the least connected continent, is particularly disadvantaged. By cutting the costs of long-distance communication, however, the information revolution is also opening up new possibilities. How well Africa and Africa's friends take advantage of these opportunities will depend at least as much on our collective capacity to learn as on the material resources available to us.
Topic:
Science and Technology and Third World
Political Geography:
Africa

36915. Thinking Regionally: Priorities for U.S. Policy Toward Africa

Author:
Salih Booker
Publication Date:
03-1996
Content Type:
Working Paper
Institution:
Africa Policy Information Center
Abstract:
Recent Congressional action to significantly cut aid to Africa is only one sign among many of a trend to reduce U.S. involvement on the continent. How much further Africa is marginalized in the U.S. will ultimately depend on the ability of Africa's multiple constituencies to reverse this trend. Nevertheless, events on the continent are likely to compel a greater commitment of resources than U.S. policymakers currently contemplate. And engagement at any level needs to be based on clear identification of U.S. interests in Africa and well-defined criteria for establishing priorities.
Topic:
Security, Foreign Policy, Democratization, and Development
Political Geography:
Africa and United States

36916. The Syndrome of the Ever-Higher Yen, 1971-95: American Mercantile Pressure on Japanese Monetary Policy

Author:
Ronald McKinnon, Kazuko Shirono, and Kenichi Ohno
Publication Date:
12-1996
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
From 1971 through mid-1995, the yen continually appreciated against the U.S. dollar because the Japanese and American governments were caught in a mutual policy trap. Repeated threats of a trade war by the United States caused the yen to ratchet up in 1971-73, 1977-78, 1985-87, and 1993 to mid-1995. While temporarily ameliorating commercial tensions, these great appreciations imposed relative deflation on Japan without correcting the trade imbalance between the two countries. Although resisting sharp yen appreciations in the short run, the Bank of Japan validated this syndrome of the ever-higher yen by following a monetary policy that was deflationary relative to that established by the U.S. Federal Reserve System. The appreciating yen was a forcing variable in determining the Japanese price level. After 1985, this resulted in great macroeconomic instability in Japan--including two endaka fukyos (high-yen-induced recessions).
Topic:
Economics, International Political Economy, and International Trade and Finance
Political Geography:
United States, Japan, America, Israel, and East Asia

36917. The China-United States Bilateral Trade Balance: How Big Is It Really?

Author:
K.C. Fung and Lawrence Lau
Publication Date:
04-1996
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
There are huge discrepancies between the official Chinese and U.S. estimates of the bilateral trade balance. The discrepancies are caused by different treatments accorded to re-exports through Hong Kong, re-export markups, and trade in services. Deficit-shifting between China, on the one hand, and Hong Kong and Taiwan, on the other, due to direct investment in China from Taiwan and Hong Kong, is partly responsible for the growth in the China United States bilateral trade deficit.
Topic:
International Political Economy and International Trade and Finance
Political Geography:
United States, China, Taiwan, Asia, and Hong Kong

36918. A United States Policy for the Changing Realities of East Asia

Author:
Donald Emmerson, Henry Rowen, Michel Oksenberg, Daniel Okimoto, James Raphael, Thomas Rohlen, and Michael H. Armacost
Publication Date:
01-1996
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
Since the end of the Cold War, the power and prestige of the United States in East Asia have suffered a worrisome degree of erosion. The erosion is, in part, the by-product of long-run secular trends, such as structural shifts in the balance of power caused by the pacesetting growth of East Asian economies. But the decline has been aggravated by shortcomings in U.S. policy toward East Asia, particularly the lack of a coherent strategy and a clear-cut set of policy priorities for the post-Cold War environment. If these shortcomings are not corrected, the United States runs the risk of being marginalized in East Asia--precisely at a time when our stakes in the region are as essential as those in any area of the world. What is needed, above all, is a sound, consistent, and publicly articulated strategy, one which holds forth the prospect of serving as the basis for a sustainable, nonpartisan domestic consensus. The elements of an emerging national consensus can be identified as follows:
Topic:
International Relations, Security, Foreign Policy, and Economics
Political Geography:
United States, China, Israel, East Asia, and Asia

36919. Bridges with Asia: Asian Americans in the United States

Author:
Vishakha N. Desai, Chang-lin Tien, Sanford J. Ungar, Robert T. Matsui, and Shirley Young
Publication Date:
05-1996
Content Type:
Working Paper
Institution:
Asia Society
Abstract:
From its inception, more than two years ago, “Bridges with Asia: Asian Americans in the United States” has sought to explore the implications of the bicultural identity—felt or perceived—of the Asian American in a global community in which the Asia-Pacific region has become increasingly predominant. The purpose was to examine the possible relationship between two significant factors in America's national and international experience: the unprecedented growth of the Asian American population in the last three decades and the rise of the Asia-Pacific region as one of the world's most dynamic areas as well as the one most crucial to the future of the United States. With an active advisory committee composed of scholars, community leaders, and representatives of other cultural organizations (see the end of this report), we attempted to address a number of key issues ranging from economic relations between different regions of Asia and the United States to generational attitudes toward Asian Americans' countries of origin. The following questions provided the framework for discussion: What roles do Asian Americans play in the increased interaction between U.S. companies and Asian countries? How are they affecting the domestic economies of their countries of origin? How are Asian Americans perceived by local American political leaders and what is their impact upon American domestic politics? What role, if any, do they play in U.S. foreign policy toward particular Asian countries? How is the notion of “home” used by writers and artists of Asian origin? How are conceptions of loyalty or nationalism made manifest for diverse groups of Asian Americans who often have very little in common except for a census category, or how they are perceived by others?
Topic:
Foreign Policy and International Cooperation
Political Geography:
United States, America, and Asia

36920. Expanding NATO: Will it Weaken the Alliance?

Author:
Michael E. Mandelbaum and Richard C. Holbrooke
Publication Date:
12-1996
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Good evening. Welcome to the second or the third of our Great Debates, it depends on how you're counting. The first formal one was about six weeks ago when Madeleine Albright, our new Secretary of State designate, and Jeane Kirkpatrick debated about the United Nations. Before that we had a trial run with Bob Ellsworth, one of Senator Dole's closest friends and advisors, and Tom Donilon, the chief of staff of the State Department.
Topic:
Security, NATO, and United Nations
Political Geography:
United States and Europe