Grave security concerns can arise as a result of
demographic trends, chronic poverty, economic inequality, environmental
degradation, pandemic diseases, organized crime, repressive governance
and other developments no state can control alone. Arms can't address
EPS fellow Yanis Varoufakis
opens up about his five month battle to save Greece.
By Harry Lambert for The
New Statesman, July 13, 2015
In his first interview since resigning, Greece's former
Finance Minister says the Eurogroup is
“completely and utterly” controlled by Germany, Greece was “set up” and
last week’s referendum was wasted.
Greece has finally reached an agreement with its creditors.
The specifics have not yet been published, but it is clear that the
deal signed is more punitive and demanding than the one that its
government has spent the past five months desperately trying to resist.
The accord follows 48 hours in which Germany demanded
control of Greece’s finances or its withdrawal from the euro. Many
observers across Europe were stunned by the move. Yanis
Varoufakis was not. When I spoke with Greece’s former finance minister
last week, I asked him whether any deal struck in the days ahead would
be good for his country.
“If anything it will be worse,” he said. “I trust and
hope that our government will insist on debt restructuring, but I can’t
see how the German finance minister [Wolfgang Schäuble]
is ever going to sign up to this. If he does, it will be a miracle.”
Read the full article here:
Survey: Saudis Consider Iran Their Top Enemy, Not Israel
Associated Press in The
New York Times, June 4, 2015
An Israeli college has quietly conducted an opinion poll
in Saudi Arabia, concluding that the Saudi public is far more concerned
about the threats of Iran and the Islamic State group than Israel, and
that the vast majority of Saudis support a decade-old peace offer to
the Jewish state.
The survey conducted by the Interdisciplinary Center in Herzliya provides Israelis with a rare glimpse
inside Saudi Arabia and may change Israeli perceptions about the desert
kingdom. The two countries are longtime foes with no diplomatic
The poll found that 53 percent of Saudis named Iran as their main
adversary, while 22 percent said it is the Islamic State group and only
18 percent said Israel. The poll, conducted in conjunction with the
University of Wisconsin-Milwaukee, surveyed 506 Saudis over the phone
and had a margin of error of 5 percentage points. It was carried out
over the past two weeks, starting in late May.
For more information about
the survey contact Alex Mintz, Chair of EPS
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In Other News
Key Driver Of International Austerity Push Now Says Europe Must Forgive
By Alan Pyke for Think
Progress July 14, 2015
A day after agreeing to discuss a new Greek bailout, the
International Monetary Fund (IMF) warned
European Union leaders that their expectations for Greece’s financial
future are unsupported by the facts. A realistic accounting of things
requires Europe to agree to forgive Greece’s debts or else leave them
uncollected for a generation, a leaked report from the group says.
The IMF is a key player in the international finance community that
shapes the Greek negotiations. In a report obtained by Reuters, IMF
officials underscore what a variety of observers have been writing
about the situation for some time now: that Greece cannot be asked to
undertake further austerity or repay its massive debts in full on a
Either Greece must be allowed to make no payments at all on its debts
for three decades or the country’s creditor nations must accept that
they’re never getting all their money back, the IMF document reportedly
says. European leaders agreed Monday to re-open negotiations for a new
bailout with Greece roughly a week after Greek voters soundly rejected
a proposal to extend the existing austerity-for-loans deal.
The IMF was a key driver of the early austerity terms imposed in
Greece’s first two bailout deals. To justify the pain those spending
cuts and tax increases would cause, researchers predicted the Greek
economy would experience only a couple years of steep contraction
before rebounding dramatically.
Read the full article here:
Iran Nuclear Deal Moves to Battleground of US Congress
By Julian Borger for The
Guardian, July 14, 2015
The battle over the Iran nuclear agreement is set to
move to Washington as the Obama administration begins a three-month campaign
to stop the hard-won deal being derailed by congressional Republicans.
The deal – reached in a Vienna hotel early on Tuesday morning after
prolonged talks between foreign ministers – binds Iran, the US, UK,
France, Germany, Russia and China to a series of undertakings
stretching over many years. Iran will dismantle much of its nuclear
infrastructure, while the UN, US and European Union will remove a wall
of sanctions built around Iran over the last nine years.
Republicans and some Democratic hawks in Congress, who
have long argued that there should be no nuclear programme
on Iranian soil whatsoever, are determined to find ways to sabotage an
agreement that they argue seeks to manage rather than prevent an
Iranian nuclear programme and endangers Israel.
Read the full article here:
GAO Slams Air Force’s A-10 Divestment Plan
Preliminary Report by the GAO, June 26, 2015
The Government Accountability Office (GAO) issued a
preliminary report that challenges the Air Force’s efforts to mothball
the venerable A-10. The Air Force had two primary arguments for
retiring the A-10: retirement would save money, and it wouldn’t negatively
impact our capability to protect ground troops. The GAO report calls
both into question.
The report, written in response to a provision included in the FY 2015
National Defense Authorization Act, says the Air Force’s estimates of
savings which would result from the retirement of the A-10 are
More importantly, the report states that by retiring the A-10, the
United States would find itself with a potential gap in the critical
mission of close air support (CAS). The GAO also refutes Air Force
claims that such a gap would be made up by introducing F-35’s into the
fleet. This report confirms the F-35 is several years away from being
ready to provide the CAS vital for American troops on the ground to
succeed in combat. All of this verifies what has been repeatedly said
by pilots and Joint Terminal Attack Controllers (JTACs), even in the
face of Air Force attempts to intimidate those who speak to Congress.
The report goes on to point out that divesture of the A-10 could also
degrade the military’s CAS capabilities by reducing training
opportunities for all the troops involved. CAS is a highly specialized
mission. It requires close coordination between pilots, JTACs, and the
troops on the ground to ensure effective attacks on enemy targets without
resulting in friendly fire. By reducing the number of available CAS
platforms, the report confirms the Air Force could create a critical
skills gap for pilots and JTACs.
To read more visit:
Impact of the US Housing Crisis on the Racial Wealth Gap
By Sarah Burd-Sharps and
Rebecca Rasch for The Social Science Research Council,
One of the most pressing economic problems in the United
States since the Great Recession has been the widening racial wealth
gap. In the lead-up to the financial crisis, economic opportunity remained
unequal across racial lines, but economic trends suggested that America
was on a path toward narrowing the yawning wealth disparities between
white and black families. Deeply rooted economic inequality, however,
fueled some of the most harmful lending practices in the housing
market, allowing financial institutions to engage in discriminatory and
predatory lending that accelerated the financial collapse. It is clear,
when we look back, that racial discrimination played a pivotal role in
the housing market crash.
This report looks forward. Commissioned by the American Civil Liberties
Union and drawing on a unique dataset, it examines the likely effect of
the financial crisis on the racial wealth gap for the next generation.
What it uncovers is a tale of two recoveries: among families that owned
homes, white households have started to rebound from the worst effects
of the Great Recession while black households are still struggling to
make up lost ground. The racial wealth gap is now on track to compound
over time, a trend with urgent implications for the future of racial
justice in America, and one that should inform policymaking strategies
aimed at guaranteeing fair economic opportunities in the coming years.
More information availabe here:
Consultant, Project Coordinator: Ecosystem Mapping of
Data for Sustainable Development
UNDP New York, NY
Under the supervision of the Policy Specialist for Data for
Development, the consultant will assist in the coordination of the Data
for Development Ecosystem Mapping initiative, including the
arrangements for the initiative's activities at the global and national
levels, organization of workshops and events, drafting of briefing
notes, background documents and reports and participation in related
The consultant will be responsible for producing the following key
deliverables and tasks:
Methodology and workplan and
guidelines for undertaking the Data Ecosystem Mapping project in 10
countries (August 15, 2015);
of a global event on Data for Development Ecosystems (mid November
2015), including developing background documentation and agenda,
coordinating invitations and logistics, drafting event's report;
to the drafting of an interim report synthesizing findings from
the projects activities at the national and global levels, and
consolidate/integrate comments from stakeholders (mid December
and liaison with country partners and stakeholders as relevant, to
ensure proper and timely execution of the project as per agreed workplan;
to effective outreach and advocacy through liaising with the focal
point for knowledge management and the technical team in charge of
maintaining the World We Want 2015 platform;
of briefing notes, background papers, talking points and other documents
out other related tasks as required.
Full details available here:
EPS Quarterly, Volume
27, Issue 2 —June 2015
US-Russia Avoiding a New Cold War Issue
This issue is comprised of edited transcripts of a
panel session held on January 4, 2015 as part of the Allied Social Sciences
Association meetings in Boston, Massachusetts.
"Oil rents... enable system to survive... The Putin
Government is integrally tied to the continuation of the petro
economy... The Whole system depends on the price of energy and
commodities continuing to go up.""
Read the full issue here:
EPS Quarterly, Volume
27, Issue 1 —March 2015
The Economic and Security Future Issue
This issue is comprised of edited transcripts from a conference
held on November 17, 2014, in Washington, DC.
"A prosperous 21st century will not happen by
itself. Formidable obstacles lie between us and the future we seek.
These obstacles are not iron laws of economics, limits on natural
resources, or demographics as destiny. These obstacles are
Table of contents
Remarks, James K. Galbraith
Security Situation: Russia, Iraq, and Syria, and Beyond
Ahead: Climate, Infrastructure, Finance and Security
Read the full issue here:
The Economics of Peace and Security Journal, Volume 10,
In addition to a four-article symposium on Nigeria, this
issue contains three stand-alone articles. The first, by Jerry Hionis, is a theoretical piece considering the role
of geographic distance in a contest between two warlords. The second,
by Belah Fallal and
Yousef Daoud, is on the effect of Israel's
occupation on the Palestinian labor market. The third, by Matthew
McCaffrey, studies aspects of war and peace economics in classic
Chinese military writings. The symposium on conflict and peace in
Nigeria starts with a political economy piece by Michael Nwankpa on Boko Haram. This is followed by Kostadis Papaioannou and
Angus Dalrymple-Smith with a historical piece on the role of political
order in affecting development outcomes today. Finally, a team of
researchers around Topher McDougal, contributes two articles, one on
the potential microeconomic benefits of peace in Nigeria's Middle Belt
states; the other on the macroeconomic benefits for the country as a
Table of Contents
warlords and geographic distance
supplement: Nonparasitic warlords and geographic distance
Belal Fallah, Yousef Daoud
economics of peace and war in the Chinese military classics
political economy of securitization: The case of Boko Haram,
instability and discontinuity in Nigeria: The pre-colonial past
and public goods provision under colonial and post-colonial
Jason Papaioannou, Angus Edwin
Effect of Farmer-Pastoralist Violence on Income: New Survey
Evidence from Nigeria’s Middle Belt States
L. McDougal, Talia Hagerty, Lisa Inks,
Claire-Lorentz Ugo-Ike, Caitriona Dowd, Stone Conroy, Daniel Ogabiela
benefits of farmer-pastoralist peace in Nigeria’s Middle Belt: An
input-output analysis approach
McDougal, Talia Hagerty, Lisa Inks,
Caitriona Dowd, Stone Conroy
is a peer-reviewed online publication hosted by EPS. Published twice
yearly, it raises and debates issues related to the political economy
of personal, communal, national, international, and global peace and
security. Previous contributors include Joseph Stiglitz,
James Galbraith, and Lawrence Klein. The Journal’s website also
features book reviews submitted by members and subscribers.
EPS members receive a 50% discount on the annual subscription to the Economics of Peace and
Security Journal. A regular one-year subscription is $50;
for EPS members, it's only $25!
For more information about
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a member of EPS (and qualify for the subscription
Support the Iran Peace Deal
The peace deal reached recently with Iran thwarting any
nuclear weapon production is one of the most important diplomatic
accomplishments of the century so far. It demonstrates that intelligence, patience, creativity and an openness
to conflict resolution can prevent war.
Congress is likely to vote to approve or disapprove the deal in the
next 60 days
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- July 22, 2015 The Cost of Wars:
Overseas Contingency Operations and
Defense Spending. A discussion of War Costs and Budget
Control Act spending caps. Hosted by The Stimson Center, 1211
Connecticut Ave NW, 8th Floor, Washington D.C., 20036
information is available here:
- July 24 - 26, 2015
The 6th International Meeting on Conflict Management, Peace
Economics and Peace Science will be held at Chulalongkorn University, Bangkok, Thailand.
Organized in cooperation with Chulalonkorn
University, The State University of New York at Binghamton, and
The International Center for Conflict Prevention and Management.
more information email Manas Chatterj
- July 26 - 31, 2015
CATO University Summer Seminar on Political Economy
will be held at the Cato Institute in Washington DC.
Information available here:
- September 17 - 19, 2015
Colloquium "Right to Food, Peace and Democracy"
the Università Cattolica
del Sacro Cuore, in collaboration with the Congregation
for Catholic Education of the Holy See and the International
Federation of Catholic Universities is organizing an international
Colloquium on the theme: Right to Food, Peace and Democracy.
Research and Education in an ethical perspective. The Colloquium
will be held in Milan Italy.
information available here:
- November 6 - 7, 2015
Beyond Boundaries: Shifting Dynamics in Peace and Conflict Studies
will be hosted by The Kroc Institute for International Peace
Studies, at Notre Dame University.
Information available here:
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