With a new European Commission and a new head of the European Central Bank (ECB), the Eurozone is set to have new leadership and an opening for positive change. As Eurozone faces old and new challenges, it is in dire need of improved capability to tackle both legacy and new problems.
Topic:
Political Economy, Reform, European Union, and European Central Bank
In 2017, Ben Hodges, back then the U.S. general in charge of the U.S. military in Europe, related to the press the problems he had to deal with to tackle the Russian threats in the Old Continent. He outlined that NATO military movements were continuously hampered by red tape. The reason being was that NATO allies did not enjoy freedom of movement through their borders. Every time a military force needed to cross a border, it had to deal with the bureaucracy and laws of each country, which may be the responsibility of different ministries (not necessarily the Ministry of Defence).
Topic:
Security, NATO, Military Affairs, Regional Integration, and Army
Transatlantic cooperation has, ever since the election of President Donald Trump, been a topic of contention and concern in Europe, and created a lot of questions regarding whether the fundamentals of the transatlantic relationship were being questioned. Concerns about US engagement in NATO, a potential dissonant threat perception towards and relationship with China and Russia, and the tensions around trade agreements, and in general a perceived defiance of international liberal order are all issues that have ranked high on the agenda of European leaders since early 2017, and that continue to represent - among other issues - topics that require a deeper discussion at the political and the expert level.
Topic:
NATO, Engagement, Transatlantic Relations, and Donald Trump
Political Geography:
Russia, China, Europe, Asia, and United States of America
The United Nations’ 2015 Paris Agreement called for the immediate sequestration of atmospheric anthropogenic greenhouse gases to help avert serious environmental degradation. India can take the lead in this because it is the second largest emitter of methane. Of all the natural greenhouse gases, methane is the hardiest. Technological advances are making it possible to crack methane into gaseous hydrogen and solid carbon on a commercial scale. Methane cracking can provide a steady supply of hydrogen for futuristic transportation and solid carbon materials — graphene, carbon nanotubes, synthetic diamonds — which are integral to the marine, aerospace and space industries. The commercial benefits apart, methane cracking will also go a long way in meeting the Paris Agreement’s climate change mitigation objectives. This paper offers some concrete recommendations that can help the government of India shape national legislation and global geoeconomic strategies.
Topic:
Climate Change, United Nations, Methane, Carbon Emissions, and Paris Agreement
Over the last two decades, every component of the global energy scenario has changed: demand, supply and energy-type. The only constant has been the U.S. Dollar as the currency of energy trade. Lately, the Chinese Yuan has emerged to challenge the Dollar. Can the Indian Rupee be a third player? India is now the world’s third-largest consumer and second-largest importer of energy. Its open market, transparent regulation and growing demand give it an opportunity to become the hub of a vibrant new oil market, simultaneously ensuring its energy security and raising the international profile of the Rupee.
This paper explores the possibility the Rupee could be the third currency in which energy is traded, and the challenges and opportunities it presents.
Topic:
Security, Energy Policy, Markets, Oil, Currency, and Trade
Political Geography:
China, South Asia, India, Asia, North America, and United States of America
India has rapidly transitioned from a cash-based economy to one reliant on digital payment systems. This has resulted in financial inclusion and greater transparency, but also expanded the system’s vulnerability to cybercrimes. This paper analyses India’s digital payments industry, maps the potential threat vectors and recommends measures to strengthen the cybersecurity of digital payment systems.
Topic:
Science and Technology, Cybersecurity, Finance, Currency, and Digitization
China’s recent policy paper on the European Union shows that the country continues to recognize the EU as an important partner in many fields. A new, distressing element is that China has toughened its demands towards the EU to respect its core interests and to refrain from meddling in its internal affairs.
Topic:
Globalization, International Affairs, European Union, and Conflict
The EU Commission has proposed that the European Border and Coast Guard Agency, known as Frontex, should have a standing corps of 10,000 operational staff, who could be deployed anywhere in the world to willing host countries.
Frontex would emphasize its focus on migration management and returns, and expands its tasks to countering terrorism.The reform would increase Frontex’s operational capabilities, but decrease the role of the member states by centralizing decision-making within the Commission.
A partial overlap with the Common Security and Defence Policy (CSDP) instruments, especially with civilian crisis management, could have an impact on the external action of the EU.
Since the member states have diverging views on how to improve border security and the role that the Council should have in the decision-making, it is likely that the proposal will face some changes before it can be accepted by the Council and the European Parliament. To this end, the planned timeframe seems unrealistic.
Topic:
Defense Policy, Regional Cooperation, European Union, European Parliament, and Centralization
Venezuela needs a transition government with both pro-Maduro and anti-Maduro forces. Its function would be to renew the electoral institutions and negotiate a power-sharing agreement in order to lower the power stakes by protecting political minorities. Only then can presidential elections be held.
Topic:
Governance, Minorities, Elections, State Building, and Transition
The National Oil Company Database helps fill a significant gap in knowledge of the global economy. National oil companies (NOCs) produce approximately 55 percent of the world’s oil and gas, pumping out an estimated 85 million barrels of oil equivalent per day. The World Bank has estimated that they control up to 90 percent of global oil and gas reserves, thereby serving as gatekeepers for international oil companies’ access to hydrocarbons. Within their home countries, NOCs influence the degree to which billions of people benefit—or suffer—as a result of their countries’ hydrocarbon wealth. Many of these companies manage multi-billion-dollar portfolios of public assets, execute complex projects across their territories and at sea, employ citizens in the tens or hundreds of thousands, and perform a range of public services from providing energy to building infrastructure.