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Economic Challenges for Climate Change Policy
A consensus continues to grow among world leaders that climate change poses a threat to the global economy. The Bush administration has been reluctant to impose mandatory greenhouse-gas curbs on U.S. industries. But the front-running 2008 presidential candidates and the Democratic majority in Congress say they are committed to enacting mandates to curb greenhouse gases. For the next U.S. president and Congress, finding an approach that manages to cut greenhouse gases without doing serious harm to the U.S. economy remains a top concern.
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By CFR, USA.
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Governance Policy Resource.
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Liberation from Africa’s Liberators
As a rule, African leaders are loathe to criticize one of their own. So when Zambian President Levy P. Mwanawasa called an emergency meeting of the fifteen-nation Southern African Development Community (SADC) to discuss Zimbabwe’s postelection deadlock, some experts were cautiously optimistic (IRIN) that the region was stepping up its role in crisis management. After years of watching silently as President Robert Mugabe’s policies drove Zimbabwe into economic crisis, the regional body seemed poised to speak out.
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By CFR, USA.
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Governance Policy Resource.
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Iran’s Power Brokers
Amid another round of crisis diplomacy on Iran’s nuclear program, Russia and China appear to hold ever more potent cards. Energy-rich Iran has turned to them for financial and political help. U.S. and EU negotiators, meanwhile, need Russian and Chinese support on the UN Security Council to levy tougher international sanctions—or at least a promise not to veto them. The stakes continue to move higher.
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By CFR, USA.
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Governance Policy Resource.
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Analysis China Looks Down Under
With China’s appetite for natural resources and foodstuffs ever growing, regional trading partners Australia and New Zealand are attracting fresh attention. New Zealand made news April 7 by becoming the first developed country to sign a free trade agreement with China (NZ Herald). The same week, Australia’s Prime Minister Kevin Rudd departed for his first tour of China, with rapidly expanding bilateral economic relations high on the agenda.
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By CFR, USA.
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Governance Policy Resource.
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