scholarly journals Leveraging towards restraint: Nuclear hedging and North Korea's shifting reference points during the agreed framework and the Six-Party Talks

2019 ◽  
Vol 5 (1) ◽  
pp. 94-114
Author(s):  
Soul Park ◽  
Kimberly Peh
Keyword(s):  
Loss Aversion ◽  
Reference Points ◽  
Policy Implications ◽  
Hedging Strategy ◽  
Post Cold War ◽  
Nuclear Policy ◽  
Agreed Framework ◽  
Policy Shift ◽  
Broad Policy

AbstractThe emergence of new nuclear aspirants has posed a great threat to the post-Cold War global non-proliferation regime. These states have adopted a nuclear hedging strategy that has been deemed both strategically risky and politically difficult to maintain. Yet, hedging has not automatically resulted in nuclearisation. We analyse the conditions under which a nuclear hedger shifts its nuclear policy towards one of restraint. Drawing insights from prospect theory, we argue that a nuclear policy shift occurs when a nuclear hedger gains an asymmetric leverage vis-à-vis its adversary. Specifically, a hedging strategy that is based on loss aversion will only be abandoned when a shift in the nuclear aspirant's reference point occurs during negotiations. To test our theoretical arguments, we conduct an in-depth case study of North Korea's nuclear policies throughout the 1990s and 2000s. The empirical study of the changes in North Korea's negotiating stance during the Agreed Framework negotiations and the Six-Party Talks supports our asymmetric leverage thesis. We conclude with broad policy implications for the non-proliferation regime.

UNDERSTANDING THE HOUSEHOLD CONSUMPTION BEHAVIOR IN URBAN CHINA

2015 ◽  
Vol 60 (05) ◽  
pp. 1550062 ◽  
Author(s):  
JIN XU ◽  
DONGMIN KONG
Keyword(s):  
Loss Aversion ◽  
Liquidity Constraints ◽  
Early Period ◽  
Urban China ◽  
Policy Implications ◽  
Consumption Pattern ◽  
Consumption Behavior ◽  
Urban Households ◽  
Province Level

Using the panel urban households’ aggregate data at the province level in China, this paper attempts to identify the source of the rejection of permanent income hypothesis (PIH) in urban households’ consumption. We introduce liquidity constraints, myopia and loss aversion into testable hypotheses and document that: First, the PIH fails in urban China and the consumption is consistent with the liquidity constraints. Second, in regions with the high and moderate economic levels, the consumption behaviors show liquidity constraints in the early period of market-oriented economic reforms (i.e., 1980s). However, with time, the consumption pattern changed to myopia. Third, in region with low economic level, the reverse is observed: a period of myopia gave way to a period of liquidity constraints. Our results suggest that neither myopia nor liquidity constraints are an adequate characterization of consumption in different regions of urban China, and offer clear policy implications for governments who are concerned with boosting the household income and expanding domestic demand.

China and World Order

1978 ◽  
Vol 3 (4) ◽  
pp. 555-587 ◽  
Author(s):  
Samuel S. Kim
Keyword(s):  
World Order ◽  
Policy Implications ◽  
Global Politics ◽  
Global Policy ◽  
The World ◽  
World Organization ◽  
Multilateral Diplomacy ◽  
The Relationship ◽  
Broad Policy ◽  
Half Decade

This paper makes a macro-inquiry into Chinese global politics by defining and elaborating the Chinese image and strategy of world order within a normative framework. Empirical data and behavioral referents in the paper are largely drawn from Chinese multilateral diplomacy in the global community during the first half-decade (1971–1976) of Chinese participation in UN. Such a normative-globalist paradigm has a heuristic value in interpreting more broadly China's global policy and its impact on the evolving process of creating a more just and humane world order. The paper argues that the interactions between China and the world organization have, on the whole, been positive and that the relationship between the two has been one of mutual adjustment and mutual legitimization, with the resulting enhancement of each other's symbolic capability. By way of conclusion, the paper draws, in a tentative and speculative manner, some broad policy implications of the post-Mao leadership.

Identity Politics and Refugee Policies in Kupang, Eastern Indonesia: A Politico-Historical Perspective

2021 ◽  
pp. 1-14
Author(s):  
Andrey Damaledo
Keyword(s):  
Identity Politics ◽  
Host Country ◽  
Historical Perspective ◽  
Geographical Location ◽  
Policy Implications ◽  
Refugee Status ◽  
Timor Leste ◽  
Displaced People ◽  
Over Time

Abstract This article assesses the implementation of Presidential Regulation No. 125 of 2016 concerning the Treatment of Refugees and how it relates to different kinds of bureaucratic labelling of refugees as it unfolds in Indonesia’s region of Kupang. From a politico-historical perspective, Kupang is a useful case-study for elucidating the policy implications of the labelling of refugees, as the region has been hosting different kinds of refugees due to its strategic geographical location that borders Australia and Timor-Leste. Drawing on my fieldwork in Kupang between October 2012 and October 2013, and my intermittent return to the region between January 2017 and February 2019, this article argues that labels for refugees evolve over time in response to the larger sociopolitical situation, but they are formed mostly to serve the interest of the host country rather than those of displaced people. Furthermore, while labelling displaced people as “refugees” has been effective in justifying funding and support, it can also lead to a manipulation of refugee status, and the marginalization and exclusion of refugees.

scholarly journals Loss Aversion and Consumption Choice: Theory and Experimental Evidence

2015 ◽  
Vol 7 (2) ◽  
pp. 101-120 ◽  
Author(s):  
Heiko Karle ◽  
Georg Kirchsteiger ◽  
Martin Peitz
Keyword(s):  
Experimental Evidence ◽  
Loss Aversion ◽  
Consumer Choice ◽  
Rational Expectations ◽  
Choice Theory ◽  
Choice Model ◽  
Reference Points ◽  
Price Uncertainty ◽  
Theoretical Predictions

We analyze a consumer-choice model with price uncertainty, loss aversion, and expectation-based reference points. The implications of this model are tested in an experiment in which participants have to make a consumption choice between two sandwiches. Participants differ in their reported taste for the two sandwiches and in their degree of loss aversion, which we measure separately. We find that more-loss-averse participants are more likely to opt for the cheaper sandwich, in line with theoretical predictions. The estimates in the model with rational expectations are slightly more significant than those with naïve expectations. (JEL D11, D12, D84, M31)

scholarly journals PERFORMANCE MEASUREMENT SYSTEMS IN THE CONTEXT OF NEW PUBLIC MANAGEMENT: EVIDENCE FROM AUSTRALIAN PUBLIC SECTOR AND POLICY IMPLICATIONS FOR DEVELOPING COUNTRIES

2017 ◽  
Vol 12 (1) ◽  
pp. 7-19
Author(s):  
Anup Chowdhury ◽  
Nikhil Chandra Shil
Keyword(s):  
Developing Countries ◽  
Public Sector ◽  
Performance Measurement ◽  
Public Management ◽  
New Public Management ◽  
Policy Implications ◽  
Measurement Systems ◽  
New Public ◽  
Performance Measurement Systems

This research explored in depth the evolution of performance measurement systems in the context of new public management initiatives in Australian public sector. A governmental department in the Australian Capital Territory was selected for the purpose of the exploration. The qualitative research approach was adopted and data was collected following case study tradition. The main data sources were archival official documents and interviews. In addition, the researchers used direct observation to supplement and corroborate the archival documents and interview data. The empirical evidence presented in this research supports the fact that the selected Australian government department has implemented performance measurement systems in the line of new public management to illustrate the department’s commitment to efficiency and accountability. The research undertaken was in-depth, using a case study and though generalization is not possible from this single case study, the findings may be expected to add knowledge to existing literature and provide some important lessons for other public sector entities of the developing countries who are interested in adopting performance measurement systems as their control devices. Keywords: public sector, performance measurement systems, new public management, developing countries, Australia.

scholarly journals THE US POLICY SHIFT FROM ‘PIVOT TO ASIA’ TO ‘FREE INDO PACIFIC’: IMPLICATIONS FOR PAKISTAN

2021 ◽  
Vol 38 ◽  
pp. 1-21
Author(s):  
Tatheer Zahra Sherazi ◽  
Amna Mahmood
Keyword(s):  
Economic Growth ◽  
Cold War ◽  
The United States ◽  
Asia Pacific ◽  
Post Cold War ◽  
Pivot To Asia ◽  
The Us ◽  
Rise Of China ◽  
Offensive Realism ◽  
Policy Shift

Asia Pacific, which is extended Eastward to the states of Oceania, Westward to Pakistan, Southward to New Zealand, and Northward to Mongolia, is currently a pivot of the globe due to its economic growth. Since last two decades, it has got status of ‘growth center’ owing to its high economic growth rate. The United States (US) had been very active in Asia Pacific throughout the Cold War period, but in post-Cold War era, it was disengaged due to its pre-occupation in Middle East. However, the rise of China attracted US again with multiple arrangements at political, economic and social fronts. There are two world views about the US presence in Asia Pacific. The first one asserts that the Asia Pacific is more secure without the presence of US, while others takes the US presence as a patron for stability and solidarity within the region. The US policy of ‘Pivot to Asia’, ‘Asia Pacific’ commonly known as ‘Rebalancing’ ensured its new commitment of deep engagement in Southeast Asia. Policy shift under Trump administration from ‘Pivot to Asia’ to ‘Free Indo-Pacific’ has direct as well indirect implications for Pakistan. The study analyses the US strategies and polices under the theory of ‘Offensive Realism,’ where ‘rational powers uncertain of intentions and capable of military offensive strive to survive’. Analytical, descriptive approaches are adopted in order to analyse US ongoing strategies.

scholarly journals Possible Assessment Method of Green Infrastructure in the Case of Small Town Keszthely, Hungary

Land Science ◽  
2020 ◽  
Vol 2 (2) ◽  
pp. p21
Author(s):  
Vera Iváncsics ◽  
Krisztina Filepné Kovács
Keyword(s):  
Green Infrastructure ◽  
Environmental Planning ◽  
Evaluation Method ◽  
Assessment Method ◽  
Policy Implications ◽  
Current Status ◽  
Field Surveys ◽  
Further Development ◽  
The Eu

Recently the planning of green infrastructure (GI) has become a general practice around metropolis (Paris, München, Budapest, etc). A complex methodology is required that goes beyond the scope of traditional green surface systems. However, there are various policy implications in the EU, the smaller towns are lagging to apply them. The paper presents a potential evaluation method through the case study of Keszthely, HU. As Keszthely at Balaton Riviera, is a popular touristic target of CEE, the environmental planning is an essential part of sustainable development. After a literature analyses of assessment methods of GI and ecosystem services, the aspects of GI have been valued on grade scales, based on field surveys and indicators. The current status of the GI was surveyed which is a base for further development and monitoring activities. The paper introduces the methodology, which contributes to preservation of ecosystems.

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