Europe

Transcript

South Korea, Poland, and Turkey: Three Emerging Market Success Stories Look to Sustain Their Growth

Speakers: Steven A. Cook, Marcus Noland, Mitchell Orenstein, and Gideon Rose

Emerging economies have boomed over the past decade, but many have recently seen their currencies come under pressure. With a potential currency crisis looming, CFR's Steven Cook, Marcus Noland of the Petersen Institute for International Economics, and Mitchell Orenstein of Northeastern University take an in-depth look at three emerging market success stories in a conversation with Foreign Affairs editor Gideon Rose.

See more in South Korea; Emerging Markets; Turkey

Video

South Korea, Poland, and Turkey: Three Emerging Market Success Stories Look to Sustain Their Growth

Speakers: Steven A. Cook, Marcus Noland, and Mitchell Orenstein
Presider: Gideon Rose

Emerging economies have boomed over the past decade, but many have recently seen their currencies come under pressure. With a potential currency crisis looming, CFR's Steven Cook, Marcus Noland of the Petersen Institute for International Economics, and Mitchell Orenstein of Northeastern University take an in-depth look at three emerging market success stories in a conversation with Foreign Affairs editor Gideon Rose.

See more in South Korea; Turkey; Emerging Markets

Audio

South Korea, Poland, and Turkey: Three Emerging Market Success Stories Look to Sustain Their Growth

Speakers: Steven A. Cook, Marcus Noland, and Mitchell Orenstein
Presider: Gideon Rose

Emerging economies have boomed over the past decade, but many have recently seen their currencies come under pressure. With a potential currency crisis looming, CFR's Steven Cook, Marcus Noland of the Petersen Institute for International Economics, and Mitchell Orenstein of Northeastern University take an in-depth look at three emerging market success stories in a conversation with Foreign Affairs editor Gideon Rose.

See more in South Korea; Turkey; Emerging Markets

Must Read

Bloomberg: Turkey Crisis Puts Jailed Millionaire at Heart of Gold Trail

Author: Mehul Srivastava

"As western nations ring-fenced Iran's banks, they created a temporary market where gold could be used to pay Iran for its only major export: oil and gas. That chaotic marketplace created opportunities for men like Sarraf. He used his connections in Iran and Turkey to move almost a metric ton of gold to Iran every day for 1 1/2 years, according to a person familiar with his finances."

See more in Turkey; Corruption and Bribery

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FT: A Bullingdon Bust-Up That Masks a Real Welfare Problem

Author: Gideon Rachman

"The enlargement of the EU and the free movement of people are both fine ideas. But, taken together, they have changed the nature of the union. A pragmatic pro-European should acknowledge that, when circumstances alter, democratic systems adapt. Changes to the welfare rules – allowing countries more scope to give priority to their own citizens – would make it easier to win the more important argument for open borders."

See more in Europe; Society and Culture

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NYT: Germany Adds Lessons in Islam to Better Blend Its Melting Pot

Author: Alison Smale

"For the first time, German public schools are offering classes in Islam to primary school students using state-trained teachers and specially written textbooks, as officials try to better integrate the nation's large Muslim minority and counter the growing influence of radical religious thinking. The classes offered in Hesse State are part of a growing consensus that Germany, after decades of neglect, should do more to acknowledge and serve its Muslim population if it is to foster social harmony, overcome its aging demographics, and head off a potential domestic security threat."

See more in Germany; Religion

Audio

Data Protection and Privacy in the United States and the European Union: A Conversation with Julie Brill

Speaker: Julie Brill
Presider: Karen Kornbluh
Commissioner Julie Brill discusses U.S. and EU efforts to enhance consumer privacy and develop globally interoperable solutions in the digital marketplace, as well as her innovative proposals for updating Internet privacy policy and rebuilding the transatlantic consensus on privacy, at this meeting of the Roundtable Series on Digital Privacy.

See more in Europe; Digital Infrastructure

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Project Syndicate: Europe’s Ukrainian Blunder

Author: Joschka Fischer

"The EU's behavior demands explanation. Yanukovych had always been the Kremlin's ally. Indeed, his election in 2010 marked the end of Ukraine's pro-European Orange Revolution, which had defeated his effort to steal the presidential election in 2004 and keep Ukraine in the Russian camp. So why did the EU press for an association agreement, without being able to offer Ukraine anything comparable to what Russia offered?"

See more in Europe; Politics and Strategy

Primary Sources

Northern Ireland Executive Proposed Agreement

Between July 2013 and December 2013, Dr. Richard Haass led peace process negotiations on how five political parties in Northern Ireland commemorate historical events related to regional conflict. The conflict, sometimes called The Troubles, began in the 1960s regarding the constitutional status of Northern Ireland and its two main communities; the Good Friday Agreement in 1998 addressed some of these issues.

See more in Ireland; Territorial Disputes; Political Movements and Protests

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Reuters: Why Ukraine Spurned the EU and Embraced Russia

Author: Elizabeth Piper

"What caused the U-turn by the leadership of a country of 46 million people that occupies a strategic position between the EU and Russia? Public and private arm-twisting by Putin, including threats to Ukraine's economy and Yanukovich's political future, played a significant part. But the unwillingness of the EU and International Monetary Fund to be flexible in their demands of Ukraine also had an effect, making them less attractive partners."

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Op-Ed

Ukraine's False Choice

Authors: Heidi Crebo-Rediker and Douglas A. Rediker
ForeignPolicy.com

With opposition to the Russian financial support gaining strength, Ukrainian president Viktor Yanukovych faces a seemingly stark choice. He can bow to Moscow and its offer of cheap gas and easy money, or to the apparent will of Ukraine's people by resurrecting its agreement with the European Union and re-engaging with the International Monetary Fund. Muddling through—as Yanukovych has done for so long—is no longer an option, write Heidi Crebo-Rediker and Douglas A. Rediker.

See more in Ukraine; Peace, Conflict, and Human Rights

Must Read

FT: The Scandal at the Vatican Bank

Author: Rachel Sanderson

"After a decade of paedophilia scandals, the allegations of financial impropriety seemed set to unleash another storm of criticism and had to be addressed. Outside auditors as well as financial risk consultants were already coming into the Vatican but the arrest of Scarano made the case for reform unavoidable. "We cannot have any more scandal. It is so shameful," a senior member of the Vatican's financial administration said."

See more in Holy See/Vatican; Banks and Banking