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Climate change, while not determining power shifts on its own, often acts as a stress multiplier on existing tensions and instabilities. Using the current political struggle over the Arctic as a case study, this paper evaluates how climate change affects global power relations by altering the existing international status quo. The analysis shows how a nontraditional security phenomenon is leading to the emergence of traditional security dilemmas, such as competition over resources and interstate tensions over boundary demarcations. The status quo reflects an increasingly fragile situation, compounded by the lack of legal mechanisms for resolving and adjudicating actual and potential disputes over the Arctic region.

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In the last two decades, emerging markets have become important global economic players. This paper evaluates the implications of the structural economic changes and increased participation of emerging markets in the global trade and the financial system for growth dynamics and economic interactions of the world economy. Furthermore, the effects of the current crises and the role of the emerging markets in the global economic recovery are analyzed in conjunction with the areas of multilateral policy coordination that have to be fostered to manage an increasingly multi-polar world economy. The article concludes with a discussion of the reforms necessary to sustain the growth performance of the emerging markets in the future.

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This paper examines the extent to which power has shifted to new political actors in North Africa as a result of the 2011 "Arab Spring" uprisings. Focusing on Tunisia, Libya, Egypt and Morocco, this paper identifies the changes taking place in these states, and elucidates the distinct ways in which power is shifting in each case. The emergence of Islamist movements as organized political actors is a common feature of all four countries and represents potentially the most significant power shift in a region yearning for democracy.

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In March 2011 Italy celebrated its 150th anniversary as a unified country. However, it did so with little of the enthusiasm that had greeted previous anniversaries in 1911 and 1961. Increasing numbers of its citizens have, in recent years, come to wonder whether their long failure to construct a viable political system may be a consequence of a process of unification that had disregarded the history and diversity of their peninsula. This article argues that centralized power was destined to fail in Italy, and that only a federal system will reconcile people of its very different regions to continue living together under the same flag.

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In this analysis of the evolution of the U.S.-India civil nuclear cooperation pact, the authors argue that the bilateral treaty marked the beginning of a new era for global non-proliferation as envisioned by the Bush administration and subsequently endorsed by President Barack Obama. An exploration of the forces at work reveals powerful special interests that scored massive commercial and trade deals to supply India with parts and technology. The unintended consequences of such action included a precedent for Chinese support of Pakistan’s nuclear program and the potential detriment to American interests in South Asia and the Indian Ocean region.

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For the past two decades, the ‘failed state’ of Somalia has been ravaged by protracted violence and famine, armed clashes between warlords, and their unpredictably shifting alliances. As the extended mandate of the corrupt and dysfunctional Transitional Federal Government nears its expiration date in August 2012, increasing international attention has created an impetus for a renewed consolidation process leading to the recent London Conference on Somalia. This paper assesses the realistic options for a shift towards peaceful governance, and examines what lessons can be learned from the hitherto existing international approach that has fueled rather than averted violent conflict.

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Integrating China into the global balance of power and the community of nations is the greatest challenge facing statecraft in the 21st century. According to power cycle theory, the “single dynamic” that has always mapped the structural trends of history is shaping China’s power cycle. This cycle will contain the same “critical points” of suddenly shifted trends that challenged every other rising power historically, all too frequently ending in major war. Viewing history’s dynamic through the lens of meanings embedded in the power cycle trajectories, this article argues for careful management of the future systems transformation that will occur.

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With four female presidents elected in the past decade, Latin America has seen a spike in female executive leadership unprecedented in any other region thus far in the 21st century. However, having female heads of state is no guarantee that women’s interests will take priority under these female-headed administrations. This paper explores the conceptual distinction between women’s short-term ‘practical’ interests and their long-term ‘strategic’ interests. Whilst all ‘presidentas’ more or less advance the former, commitment to structural change aimed at furthering women’s strategic interests in the long-run has been less clear. This article explores and interprets this mixed record.

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In the last quarter century, Brazil has undergone structural economic changes. This article aims to help the reader understand how Brazil overcame the discouraging scenario of the mid-1980s and early 1990s to become a major global economic power. A unique story of a lively economic policy laboratory is told by laying out eight economic idiosyncrasies that need to be examined in order to grasp the country’s past and future challenges and analyze whether or when it will emerge as an economic superpower.

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This paper evaluates how U.S. President George W. Bush’s push for democratization in Egypt may have influenced the 2011 Egyptian uprising. It argues that Bush’s “Freedom Agenda” policy towards Egypt had a number of small but significant effects that both heightened and publicized Egyptians’ discontent with former Egyptian president Hosni Mubarak – effects which were not necessarily intended or central to the Agenda when it was conceived. Specifically, the Freedom Agenda created a period of limited public dialogue, which further alienated Egyptians from their government, and altered the economic environment – all factors which made the 2011 uprising more likely.

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Argentina’s public sector spending has consistently outpaced tax revenues—opening up a gap that could only be filled by massive deficits, official currency manipulations, inflation underreporting and other fiscal and monetary hocus pocus. But even that hasn’t worked for current president Cristina Fernández—forcing her to smear opponents and silence critics at the expense of creating sustainable policies. This paper looks at increased export taxes on soy and the privatization of national pensions as examples of fundamental argentine fiscal policy. Through first person interviews with a politician, government worker, businessman and academic, it also aims to imbue the issues with the local politics that shape Argentina’s political realities and that typically fail to make it to the international press.

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the Bologna Center Journal of International Affairs had an opportunity to interview Mr. Divjak in his office in Sarajevo, and subsequently over the telephone from Italy. Translation provided by Jadranka Poljak (SAIS BC, 2011).

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This paper surveys the history of political leadership in Italy and the evolution of anti-political culture from Garibaldi, to Mussolini, and throughout the republican era. First, several lessons are drawn regarding effective leadership and political development through analysis of the most important political figures in Italian history. It will show that Italy is not a country with a history of outstanding political leaders. Looking at more recent developments, this paper argues that the reign of Silvio Berlusconi is the natural product a long history of Italian anti-political culture. Yet despite his rejection of politics, Berlusconi has ironically become a strong political leader—but still falls short of becoming a great statesman.

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Europe urgently needs effective economic leadership to address its trade imbalances, shaky Eurobond markets, and diminishing trust in European integration. The European Union (EU)’s fiscal rules are neither strict enough nor comprehensive enough to hold the currency union together. The status quo is not sustainable. Already wobbly economies in Europe’s periphery face punishing, unaffordable interest rates as private creditors back away from their debt, and the European partners kick away successive chances to devise a comprehensive and feasible debt workout plan. Unfortunately, none of its present political leaders seems capable of meeting the challenge, in particular, German Chancellor Angela Merkel, the leader of the EU’s biggest economy, biggest exporter and biggest paymaster. Leaders overly focused on narrow perceptions of national advantage endanger the future of European economic integration and the benefits it has brought all member states.

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Despite much discussion of the resource curse in recent years, a consensus on a development model for resource-rich states has not emerged. Such states have tremendous economic potential but have tended to under perform when compared to resource-poor states due to a higher propensity to resort to civil conflicts. This article argues that the key to escaping the resource curse is through the application of a rentier state development mode, which creates political stability while increasing GDP per capita through (1) increased military expenditures, (2) private goods transfers to elites, (3) redistributive economic programs, and (4) security guarantees from foreign states.

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As a result of different experiences of the processes of political liberalization and market-oriented reforms over the past few decades, there is a clear divide in styles of political leadership in Latin America today. Consolidated democratic regimes have been generally successful, addressing social concerns while maintaining responsible fiscal policies. on the other hand, economic and political instability have plagued those countries where populist regimes have mobilized marginal groups through the use of anti-elitist rhetoric. for these populist states, the example of their successful Latin American neighbors may offer guidance for a future transition to a different style of political leadership based on responsible fiscal management and social progress.

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As president of the European Commission, Romano Prodi played a crucial role in the creation of a shared European currency and in the 2004 eastern enlargement of the European Union (EU). Twice prime minister of Italy, he set his country on the path toward adopting the euro. On February 15, 2011, he sat down with the Bologna Center Journal of International Affairs to explain why it is so difficult to lead Italy, why Europe lacks strong EU-level leaders and a “single voice,” and why Europe’s time as a global leader is not yet over.

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In the 1970s, three southern European countries—Greece, Spain, and Portugal— democratized successfully. In light of the transitions underway in the Middle East, understanding the reasons behind their success has taken on new urgency. The paths of all three were fragile and uncertain. Yet, when examining their similarities, we find that their success was due in great part to their charismatic and visionary leaders, including Constantine Karamanlis in Greece, king Juan Carlos and Adolfo Suarez in Spain, and Melo Antunes and Antonio Eanes in Portugal, who not only built consensus towards democracy but also skillfully and courageously stood up against threats to the new regimes.