BANK FOR INTERNATIONAL SETTLEMENTS BIS REVIEW NO. 22 2008: JAPAN & THE WORLD ECONOMY

March 4, 2008 at 7:01 pm | Posted in Economics, Financial, Globalization, Japan, Research, USA | Leave a comment

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BIS Review

Bank for International Settlements

BIS Review No 22 available

Press, Service (Press.Service@bis.org)

Publications, Service (Publications@bis.org)

Mon 3/03/08

Please find BIS Review No 22 attached as an Adobe Acrobat (PDF) file.

Alternatively, you can access this BIS Review on the Bank for International Settlements’ website by clicking on http://www.bis.org/review/index.htm.

What’s included?

BIS Review No 22 (3 March 2008)

Ben S Bernanke: Semiannual Monetary Policy Report to the Congress

Toshihiko Fukui: The Japanese and world economies – looking to the future

Stefan Ingves: Introduction on monetary policy

Radovan Jelašić: Recent economic and financial developments in Serbia

Rachel Lomax: The state of the economy

W A Wijewardena: Sustainable socio-economic security – some lessons from the experiences of Sri Lanka

________________________________

please e-mail press.service@bis.org.

BIS Review

Bank for International Settlements

BIS Review No 22 available

Press, Service (Press.Service@bis.org)

Publications, Service (Publications@bis.org)

Mon 3/03/08

STRATEGIC STUDIES NEWSLETTER

March 4, 2008 at 3:57 pm | Posted in Globalization, Military, Research, Science & Technology, USA, World-system | Leave a comment

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March 2008 Newsletter

Strategic Studies Institute

Mon 3/03/08

New Publications

SSI_Newsletter@conus.army.mil

Falling Behind: International Security and the Peaceful Atom, edited by Mr. Henry Sokolski. This book considers the effectiveness of the International Atomic Energy Agency’s safeguards system. A key conclusion of the book’s research is that the IAEA is falling behind in achieving its material accountancy mission and risks slipping further unless members of the IAEA board take remedial actions in the next two to five years. The book provides recommendations on how this might be accomplished.

Developing Strategic Leaders for the 21st Century, by Dr. Jeffrey McCausland. This monograph focuses on the human capital required to succeed in the contemporary national security environment. The author examines the many studies by government and private agencies about the issue; reviews current development programs in Department of Defense, Department of State and the Central Intelligence Agency; and proposes a National Security Professional Program to meet this pressing need.
Dissent and Strategic Leadership of the Military Professions, by Dr. Don Snider. The author of this monograph develops a moral framework with which to analyze the “Revolt of the Generals”�the 2006 flag officers’ dissent with the policies of the Pentagon. He concludes that effective stewardship of the profession by the Army’s current strategic leaders has been made more difficult by the “Revolt,” and recommends that they refurbish and uphold the traditional ethic on public dissent as a means to reassert control over critical jurisdictions of the profession.

The North Korean Ballistic Missile Program, by Dr. Daniel Pinkston. North Korea has actively sought foreign technology and assistance, particularly from China and Russia, to develop its missile capabilities, and has now become a major missile exporter, creating instability in the region. In this monograph, the author examines North Korea’s ballistic missile program in depth and its national strategy and motivations, as well as its accompanying proliferation activities.

Coming Soon

Towards a New Russia Policy, by Dr. Stephen Blank.

Drug Intoxicated Irregular Fighters: Complications, Dangers and Responses, by Dr. Paul Rexton Kan.
The Political Context behind Successful Revolutionary Movements, Three Case Studies: Vietnam (1955-63), Algeria 1945-62), and Nicaragua (1967-79), by LTC Raymond Millen.

Projecting Pyongyang: The Future of North Korea’s Kim Jong Il Regime, by Andrew Scobell.

Precision in the Global War on Terror: Inciting Muslims through the War of Ideas, by Dr. Sherifa Zuhur.
Security Sector Reform in Liberia: Mixed Results from Humble Beginnings, by Mr. Mark Malon.

Monthly Op-Ed

After Fidel, The Deluge? by COL Alex Crowther.

Upcoming Events

Seminar Series on Future Defense Dilemmas: The State of the U.S. Military Reserve Components
March 6, 2008 – Washington, DC

Borders, Technology, and Security: Strategic Responses to New Challenges
March 21-April 1, 2008 – Las Cruces, NM

11th Annual Western Hemisphere Security Colloquium: Transformation for Cooperation
April 2-4, 2008 – Miami, FL
View the info brochure.
Registration deadline is March 28. More Details.

XIX Annual Strategy Conference: Rebalancing the Instruments of National Power
April 8-10, 2008 – Carlisle, PA

3rd Annual North American Security Colloquium: Wars Without Borders
June 17-19, 2008 – Kingston, Ontario, Canada

Annual Strategy Conference

Conference registration is now online. The U.S. Army War College invites you to join us from April 8-10 for the XIX Annual Strategy Conference “Rebalancing the Instruments of National Power.” Working conference details, such as speakers and the agenda, are also online.

News and Updates

COL Alex Crowther will discuss “The Impact of Iraq on U.S.-Latin American Relations” at George Washington University, on March 4, 2008, 10:00AM-11:30AM, Suite 451, Duques Hall, 2201 G Street, NW, Washington, DC. To register for this event call (202) 994-5225 or e-mail rsvpclai@gwu.edu

With COL Trey Braun serving as panel moderator, COL Alex Crowther and LTC Raymond Millen gave presentations titled: “The Embassy at War” and “Community-Based State Building: A Bottom-up Approach” respectively at a joint SSI-Austin Peay State University research colloquium in Clarksville, TN, February 13-15, 2008.

LTC Raymond Millen hosted a 101st Division (Airborne) Red Team visit for Afghanistan on February 19. In support of the fact-finding visit, LTC Millen brought together War College students who had served in Afghanistan and Pakistan/Afghanistan experts from PKSOI.

Problems with our Website?

Some readers have reported issues accessing our website. While we are still tracking a cause, a temporary solution is to change the first part of our address to “https” instead of “http”.

The views expressed in this newsletter are those of the authors and do not necessarily reflect the official policy or position of the Department of the Army, the Department of Defense, or the U.S. Government. This newsletter is cleared for public release; distribution is unlimited.

March 2008 Newsletter

Strategic Studies Institute

SSI_Newsletter@conus.army.mil

Mon 3/03/08

BIS: SINGAPORE CONFERENCE

March 4, 2008 at 12:48 pm | Posted in Economics, Financial, Globalization, Research | Leave a comment

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Nout Wellink speech now on the

BIS website

Risk Minds Asia conference in

Singapore

Basel Committee on Banking

Supervision

Bank for International Settlements

Press, Service (Press.Service@bis.org)

Publications, Service (Publications@bis.org)

Tue 3/04/08

A speech by Mr Nout Wellink, Chairman of the Basel Committee on Banking Supervision and President of the Netherlands Bank, entitled “Basel II: Market Developments and Financial Institution Resiliency” is now available on the BIS website (www.bis.org).

Mr Wellink delivered the speech today at the Risk Minds Asia conference in Singapore.

Regards,

Press & Communications

Bank for International Settlements

Nout Wellink speech now on the BIS website

Press, Service (Press.Service@bis.org)

Publications, Service (Publications@bis.org)

Tue 3/04/08

BANK FOR INTERNATIONAL SETTLEMENTS BIS REVIEW NO. 23 2008: ISLAMIC FINANCE TWO ANALYSES

March 4, 2008 at 12:22 pm | Posted in Economics, Financial, Globalization, Islam, Research, Third World | Leave a comment

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BIS Review

Bank for International Settlements

BIS Review No 23 available

Press, Service (Press.Service@bis.org)

Publications, Service (Publications@bis.org)

Tue 3/04/08

Please find BIS Review No 23 attached as an Adobe Acrobat (PDF) file.

Alternatively, you can access this BIS Review on the Bank for International Settlements’ website by clicking on http://www.bis.org/review/index.htm.

What’s included?

BIS Review No 23 (4 March 2008)

Nout Wellink: Basel II – market developments and financial institution resiliency

Toshihiko Fukui: Islamic finance – developments, diversity and challenges

Zeti Akhtar Aziz: Islamic finance – constant evolution and emerging opportunities

Emmanuel Tumusiime-Mutebile: Fast tracking East African Community Monetary Union

Usha Thorat: Inclusive growth – the role of banks in emerging economies

Donald L Kohn: The US economy and monetary policy

Randall S Kroszner: Improving risk management in light of recent market events

________________________________

please e-mail press.service@bis.org.

BIS Review

Bank for International Settlements

BIS Review No 23 available

Press, Service (Press.Service@bis.org)

Publications, Service (Publications@bis.org)

Tue 3/04/08

GREAT WHITE FLEET

March 4, 2008 at 1:19 am | Posted in Globalization, History, India, Military, Science & Technology, USA | Leave a comment

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Great White Fleet

December 16, 1907, to February 22, 1909

The Great White Fleet was a United States Navy force that completed a circumnavigation of the globe from December 16, 1907, to February 22, 1909 by order of U.S. President Theodore Roosevelt. It consisted of four squadrons of four battleships each, with their escorts.

Roosevelt sought to demonstrate growing American military power and blue-water navy capability.

The Great White Fleet II

As Roosevelt’s administration drew to a close, the president dispatched a fleet consisting of four US Navy battleship squadrons and their escorts, on a world-wide voyage of circumnavigation from December 16, 1907, to February 22, 1909. With their hulls painted white (except for the beautiful gilded scrollwork) and red, white, and blue banners on their bows, these ships would come to be known as The Great White Fleet. Roosevelt wanted to demonstrate to his country and the world that the US Navy was capable of operating in a global theater, particularly in the Pacific.

This was extraordinarily important at a time when tensions were slowly growing between the United States and Japan. The latter had recently shown its navy’s competence in defeating the Russians in the Russo-Japanese War, and the US Navy fleet in the west was relatively small. As a mark of the mission’s success, the Atlantic Fleet battleships only later came to be known as the “Great White Fleet.”

When the real Great White Fleet sailed into Yokohama, Japan, the Japanese went to extraordinary lengths to show that their country desired peace with the US. Thousands of Japanese school children waved American flags, purchased by the government, as they greeted the Navy brass coming ashore. In February 1909, the fleet returned home to Hampton Roads, Virginia, and Roosevelt was there to witness the triumphant return. His appearance indicated that he saw the fleet’s long voyage as a fitting finish for his administration. Roosevelt said to the officers of the Fleet, “Other nations may do what you have done, but they’ll have to follow you.” This parting act of grand strategy by Roosevelt greatly expanded the respect for, as well as the role of, the United States in the international arena. However, the visit of the Great White Fleet to Tokyo also encouraged Japanese militarists. They had always argued for an even more aggressive Japanese shipbuilding and naval expansion program, and the recent show of force by the U.S. convinced enough of their countrymen that they were right. In a real sense, this set in motion the chain of events leading to the U.S. & Japan confronting each other 30 years later – during WWII.

Great White Fleet

 

 


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