German crisis management and leadership—from ignorance to procrastination to action

The financial crisis of 2008 and even more so the crisis of the Eurozone drastically increased the demand for decisive leadership and public crisis management. Due to the size of its economy and its position in the global as well as in the European economy, Germany should take the lead in this crisis management. Germany’s management of the two crises differs but also shows strong similarities. A “center-left Grand Coalition” managed the global financial crisis; a global crisis in which Germany was one among several relevant global players. A center-right government under the leadership of the same chancellor then during the sovereign debt crisis manages the Eurozone crisis. This is a regional crisis but with global implications. German government was slow in responding to both crises but acted eventually after some procrastination. Both cases, however, differ with regards to Germany’s actual role in crisis management. During the global financial crisis, other global actors pushed Germany to the forefront. The Eurozone crisis, a regional crisis, demands a leading role of Germany, the largest economy and member state of the EU. The paper, however, argued that the German crisis management with regards to the Eurozone is very much driven by ideas that preserve German norms but do not live up to the challenges of the crisis. Germany’s insistence in its own interests and norms hinders the delivery of a comprehensive crisis management of the Eurozone crisis within the European Union.     

The sovereign debt crisis: why Greece,but not Japan?

This paper asks why Japan has not yet suffered from a sovereign debt crisis, although its gross public debt as a percentage of GDP is much higher than in Greece. We use a simple stylized model to explain the occurrence of both a fundamental and a speculative debt crisis. We apply this model to both countries and derive some hypotheses about why investors are still ready to hold Japanese Government Bonds. In particular, we point to the significance of domestic debt holdings, to the central bank’s government debt purchases, to investors’ access to “safe havens,” and to the role of an autonomous monetary policy. We also analyze potential challenges to Japan’s long-term fiscal situation, resulting from its aging population.     

Shaping the European External Action Service and its post-Lisbon crisis management structures: an assessment of the EU High Representatives’ political leadership

ABSTRACT

This article assesses the role, influence and core aspects of the EU High Representatives’ (HR/VPs) “political leadership” in the context of their efforts to advance the institutionalisation of the EEAS and its crisis management structures in the post-Lisbon era. By combining analytical lenses from the literature on “European political leadership”, foreign policy analysis (FPA) and political psychology with insights from a wide range of semi-structured interviews and primary sources, the article analyses how the leadership approaches of Catherine Ashton and Federica Mogherini were influenced by core aspects, such as institutional setting, situational factors and “personal qualities”. By examining how both HR/VPs and their chosen advisors sought to shape the EU’s EEAS and crisis management institutions, scholars can gain important insights about how “personal qualities” and prior foreign policy experience can influence the HR/VPs strategic choices and their impact within and across the EEAS. Finally, the article considers the differing effects between “maverick” and “orthodox” leadership and approaches and concludes that whilst outside perspectives can bring fresh ideas and institutional innovations, they will fail to be of lasting significance and permanence if not accompanied by sufficient support from the dominant foreign and security policy conventions.     

China’s response to the global financial crisis and its regional leadership in East Asia

This paper examines the role of China in the G20 and in East Asia in crafting appropriate responses and policies to the global financial crisis. Did China play an important part in the multilateralisation of the Chiang Mai Initiative, and how did China work with other players in East Asia to ‘inoculate’ East Asia against contagion and fallout from the crisis? The paper evaluates the type of leadership displayed by China and the decisions taken during the crisis. It assesses how the Chinese role in its own region and within global institutions such as the G20 would change in the aftermath of these crises.     

Terrorist crisis management in Japan: Historical development and changing response (1970–1997)

As Japan plays a more significant role in international society, it has become a more attractive target for international terrorists. Under these circumstances, Japan has mostly taken a conciliatory response, as used to deal with the JRA, Aum, MRTA terrorist incidents, in contrast to the hard line response in most Western nations. However, there has been a recent increase in support in Japan for more punitive methods. The aim of this study is to examine how Japan can develop its effective counter and anti‐terrorist capabilities based on the understanding of Japanese cultural and social norms. It surveys the acceptability and effectiveness of policies for combating terrorism in a democratic society such as Japan. A flexible Japanese counter‐terrorist response, which is influenced by characteristics of each terrorist incident could be the most effective strategy.     

Crisis leadership and non‐communication: Marcos of the philippines

For all of their centralized power and undisputed authority, even crisis leaders are susceptible to breakdowns in political communication. This is particularly significant when martial rule or a state of emergency—most effective when of short duration— becomes open‐ended; the sense of urgency no longer prevails.

In the initial stage of proclaiming a constitutional emergency it is perhaps easiest to create an atmosphere of crisis and to promote a collective sense of danger. A climate of national fear and insecurity, in turn, enables the constitutional dictator to mobilize broad support even for draconian measures imposed at the expense of individual freedoms. With the prolongation of the emergency, however, and the institutionalization of crisis government, certain immunities to authoritarianism do begin to surface. As suggested by periods of prolonged emergency rule in India and South Korea, the leader becomes remote and isolated; he or she no longer feels quite so compelled to communicate; domestic opposition increases.

The experience of President Marcos and the Philippines since 1972 illustrates some of the political dynamics of the modern, permanent “emergency state.” What has happened to the New Society program of reforms should help in understanding the critical link of communication between leaders and their followers under conditions of either real or manipulative domestic political stress.     

China-East Asia Cooperation——In the Context of Economic Globalization and Regional Integration

Ⅰ.Economic globalization and regional integration Economic globalization, a general trend in the world's development today, is interdependence for various countries in its real sense. Economic globalization, which began in the initial stage of development of capitalism, has a history of over a hundred years, and has undergone several stages from raw material procurement to trade in commodities and then to technology transfer and capital export, making economic links     

After the banquet: Japan’s power elite revisited

The demise of Japan’s iron triangle, consisting of the LDP’s parliamentary party, the central ministries and the keiretsu conglomerates ruling Japan conjointly, has been diagnosed since some time now (Thayer, 1993; Blechinger, 2001). After more than one decade of an unprecedented crisis in Japan’s political economy which severely tested the competences and the legitimacy of Japan’s ruling classes it is about time to resume and to take stock of changes and continuities in her power structures. In a nutshell it appears that (1) the political system after serious shifts and jolts during the 1990s has reverted to the old one-and-a-half party system—with the conservative democrats (DPJ) displacing the Socialists of old as the main opposition party-and with the LDP remaining firmly in the lead role, exercising increased zoku control over the ministries and continuing hereditary pork barrel oriented constituency politics as its power base. The role of the party’s factions appears as somewhat diminished. (2) the central bureaucracy suffered a gradual erosion of functions and legitimacy, affecting notably the lead ministries MOF, MITI (METI) and MFA. This was however compensated in part by the large discretionary spending volumes disbursed by the merged Infrastructure Ministry (MLIT), the supervisory functions of the new Financial Services Agency (FSA), and the strengthened competences of the Prime Minister’s Office (PMO). (3) the prolonged economic crisis and asset deflation affecting city banks as keiretsu lead managers consequent to a series of bank mergers has seen some keiretsu disintegrate or amalgamate. Yet it appears that other keiretsu, like Sumitomo (having taken over Mitsui) and Mitsubishi remain consolidated, while some of the previously less integrated banking keiretsu continue in a fairly oversized and loosely merged fashion. Thus the keiretsu system’s micro-economic importance may have eroded somewhat compared to their heydays in the 1980s. Still keiretsu affiliated companies continue to dominate organized zaikai business interests, like the merged Keidanren–Nikkeiren.Note that the article only reflects the personal views of the author, and none of his institution.

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Major Power Relationship in the Aisa-Pacific:Its Impact on the Regional Security Cooperation

In recent years, the gradual deepening of the Asia-Pacific regional security co-operation led quite a few regional countries to ponder, when facing suddenshocks of the financial crisis and various incidents in the region, ways of quickeningthe regional multilateral security cooperation in the Asia-Pacific while further ex-panding bilateral cooperation. However, the recent repercussions between the bigpowers have made regional countries give second thoughts about the process of theregional security cooperation.     

Frankfurt’s double standard: the politics of the European Central Bank during the Eurozone crisis

Abstract

In this article, I examine the bias in favour of financial markets displayed by the European Central Bank (ECB) during the Eurozone crisis. Having analysed the roots of the ECB’s bias, I explore the discrepancy between the conditionality of ECB financial support that is directed towards states and that which is directed towards markets. On the one hand, the ECB has exerted strong coercive and cognitive pressures to reform Eurozone economic governance in a market-friendly way. On the other hand, it has employed monetary measures to save large Eurozone banks from a complete meltdown without controlling how these banks use their provided liquidities. I conclude by stressing the democratic problems engendered by the ECB’s bias.     

ASEAN Regional Forum:Its Role in the Asian Pacific Security Cooperation

Facing the turn of the century, Asia is unlucky to witness two crises successive-ly. One is the Southeast Asian financial crisis that started from Thailand in Ju-ly last year, which has swept almost all countries and regions in East Asia with dis-astrous struck to this“model student of the world”.Its impact has not onlyreached far to the United States, Europe, and Russia, but even led to serious polit-     

The Welcome Asians: the Japanese in Mexico, 1897–1910

This article focuses on the development of diplomatic relations between Japan and Mexico in the second half of the nineteenth century, culminating in the Treaty of Friendship, Commerce and Navigation between the two nations in 1888, and the subsequent effect the positive relationship between the two nations had on Japanese immigration to Mexico. Based on a spirit of reciprocity and equal status, the treaty resulted in a favourable opinion regarding Japan and the Japanese in Mexico that had a direct influence on the way in which Japanese immigrants to Mexico were viewed and treated, which stands in sharp contrast to the experiences of other Japanese migrant communities in the Americas. Viewed as agents of modernization, Japanese immigrants were welcomed or viewed neutrally by Mexican government officials and average citizens. The article also explains why, despite this positive relationship, Mexico never became a large-scale destination for Japanese immigration.     

Norway and a major international crisis: Suez ‐ the very difficult case

This article reviews Norway's policy during the Suez crisis in 1956, how the policy was formed and how it can be explained. Emphasis is put on the decision‐making process and on the role of the powerful Norwegian Shipowners’ Association. It also discusses Norway's most important interests and considerations in policy formation, and how they were balanced. Norway's Suez policy is seen in connection with the close relations with Israel, which could be viewed as in conflict with the protection of Norway's NATO membership and vital economic interests, represented by the powerful shipowners. In the end, Norway's Suez policy is put in the context of the change in Norwegian foreign and security policy in general, a shift in emphasis from being Britain's close ally and friend to being under the protective umbrella of the US, the new superpower.     

Interaction between ASEM and Regional Organizations In Asia-Pacific——Concurrently on the development of new regionalism

In the late 1980s and early 1990s, the once quiet regionalism was on the upsurge again along with the disintegration of the bi-polar world structure and the advent of globalization. It has developed in a deep and multi-dimensional way and is hence called by academics "new regionalism". The Asia-Europe Meeting (ASEM), the 10 3 mechanism and the Asia-Pacific Economic Cooperation (APEC) are all cooperation organizations born in this wave of new regionalism. These organizations, with East Asian     

Japanese revisionists and the ‘Korea threat’: insights from ontological security

Abstract

This article contributes to the debate on Japanese security. Drawing on insights from ontological security, it challenges conventional understandings that China and North Korea are Japan’s main security threats. It argues that South Korea poses a powerful threat to the Japanese right-wing revisionists’ perception of Japan. The revisionists have attempted to secure Japan’s identity from the ‘Korea threat’ by labelling South Korea a ‘non-democracy’, and this tactic has been taken up by the Japanese government as well. The article concludes by pointing out that such moves could unwittingly result in the emergence of security dilemmas between the two main democracies in Northeast Asia.     

Power through trade: opportunities and constraints of the European Union’s norm entrepreneurship—the case of Hong Kong

Asia Europe Journal - The economic, trade, and cultural relations between the European Union (EU) and Hong Kong are widely recognized in the existing literature to be the most beneficial and...     

Spreading Hindutva through education: Still a priority for the BJP?

This article explores how the Bharatiya Janata Party (BJP) has pursued its ideology of Hindu nationalism through educational reforms. It pays most attention to the reforms undertaken by the first BJP-led National Democratic Alliance (NDA) government, from 1998–2004. A key argument is that these reforms mirrored BJP’s ideology. The reforms were legitimized with reference to certain challenges facing contemporary Indian society, particularly the threats represented by value degradation and a weakening of indigenous traditions. I view such arguments in terms of sublimating all challenges to the cultural realm. Moreover, these reforms aimed to establish an education system based on a coherent, integrative framework, concurring with the ideological outlook of the BJP. In the final part of the article, I examine the current NDA regime and seek to explain why similar reforms do not appear to be high on Prime Minister Modi’s agenda. By doing so, the article sheds light on the question of Modi’s commitment to Hindu nationalist ideology. A major argument is that to Modi, Hindutva-inspired reforms of the education system collide with the promises made during his electoral campaign and with key elements of the political programs he has initiated so far.     

Solving the “Manchurian Problem”: Uchida Yasuya and Japanese Foreign Affairs before the Second World War

This article re-examines British diplomacy in the Venezuelan boundary dispute, 1895–96. The analysis focuses closely on the actions of the British Prime Minister, Lord Salisbury, and his Ambassador to Washington, Sir Julian (later Lord) Pauncefote. It argues that a combination of Salisbury’s deliberate foot-dragging, and his failure to understand how seriously US politicians viewed the dispute, meant that disagreement was unnecessarily prolonged and exacerbated. Thus, at a time when the British government was beset with other imperial problems it was ultimately forced to concede to US demands. Consequently, the article argues that the issue was not only poorly handled by Salisbury, but was also a significant moment in US foreign policy.