An alliance between Cyprus and Greece: assessing its partners’ relative security contribution

The issue that this paper tackles is the assessment of the relative security benefits that Cyprus and Greece derive in the context of their cooperation on defence matters. This form of cooperation, known as the ‘Integrated Defence Space Doctrine’, aims at defending their interests in the Aegean Sea and the broader East Mediterranean theatre. The paper relies heavily on earlier research on this topic, which deals with the Greek–Cypriot alliance facing an arms race against Turkey, and uses a coefficient especially designed to assess the optimal levels of security and the associated defence expenditure of the two allies. A comparison of the relative security coefficient values for the two allies suggests that the security benefit that Greece derives thanks to its alliance with Cyprus exceeds the corresponding Cypriot benefit by far. Given the importance assigned to human resources by this index, in conjunction with the demographic problems of Greece, this conclusion justifies the recent Greek defence policy revision, emphasizing quality, capital equipment and flexibility of forces. This revision aims at satisfying the security requirements of the alliance and the increasing demands of an arms race against Turkey.     

THE ‘PRICE’ OF TERRORISM

Security measures are said to increase the price of terrorism. This price has not been hitherto defined in an economically meaningful way. This paper provides a precise definition by treating the terrorists’ resource endowment as a parcel of contingent claims to political influence with a price equal to the summed value of those contingent claims in potential states of the world. Equipped with this definition, an equilibrium model of the price of terrorism is deployed. Important insights are gained into the effect of terrorists’ risk aversion at the level of the price of terrorism in different states of the world and the theoretical conclusion is reached that higher security is associated with a lower price of terrorism rather than a higher price. The implications for policy are discussed.     

Corporate performance and military production in South Africa

With the end of the Cold War and apartheid, a process of demilitarisation and dramatic cuts in military spending has marked the transition to democracy in South Africa. Between 1989 and 1997 the South African defence budget was cut by more than 50% in real terms, with most of the cuts coming from the procurement budget, which was cut by nearly 70% in real terms during the same period. These cuts have had a significant impact on the country's defence industrial base. However, there has been surprisingly little research on the changes to defence companies that have taken place since the late 1980s. This paper makes a start at rectifying that deficiency by providing an analysis of the restructuring of the major defence‐dependent companies over the period 1988–97. It uses a number of financial ratios and other measures of corporate performance to compare their experience with non‐defence companies in the rest of the South African economy during the same period.     

Counter-terrorism in the Horn of Africa: New security frontiers,old Strategies

The US-led ‘war on terror’ dramatically changed America's security strategy towards Africa. But more fundamentally, it threw the Horn of Africa on the centre stage of global counter-terrorism. A double-edged blade, counter-terrorism has at once catalysed peace processes and intensified insecurity, with Islamic radicalism at the core of the regional storm. Governments utilised the threat of terrorism for political ends, defending old security paradigms that prioritised regime stability over human security. Africa integrated counter-terrorism into its emerging security agenda, but insufficient funds, operational constraints and poor coordination with international initiatives have hampered meaningful progress. Washington, laudably, launched a robust counter-terrorist campaign, but its high-handed military-heavy style put fragile democracies at risk while lapses in its overall policy risk triggering proxy wars. This essay examines the impact of counter-terrorism on security in the Horn of Africa. It argues for stronger coordination between national, regional and international initiatives to curb international terrorism.     

US Advanced Conventional Systems and Conventional Prompt Global Strike Ambitions:

ABSTRACT

The dangers and risks of employing a Conventional Prompt Global Strike (CPGS) capability greatly exceed the benefits. More suitable, if less prompt, alternatives exist to deal with fleeting targets. Even a niche CPGS capability—consisting of approximately twenty systems—carries risks, to say nothing of proposals to develop hundreds or more. Most dangerously, CPGS could stir the pre-emption pot, particularly vis-à-vis states that correctly perceive to be within the gunsights of US CPGS weapons; other states, too, may feel emboldened to emulate this US precedent and undertake their own form of prompt, long-range strike capability. Compressed circumstances surrounding such a scenario could foster unwanted erratic behavior, including the misperception that the threatening missile carries a nuclear weapon. But the true Achilles's heel of the CPGS concept is the unprecedented demands it places on the intelligence community to provide decision makers with “exquisite” intelligence within an hour timeframe. Such compressed conditions leave decision makers with virtually no time to appraise the direct—and potentially unintended—consequences of their actions.     

LEARNING TO LIVE WITH A NUCLEAR IRAN

Claims that China is the only nuclear power currently expanding its arsenal fail to take into account the technical, historical, and bureaucratic realities that shaped China's nuclear posture and drive its ongoing modernization. China's strategic modernization is largely a process of deploying new delivery systems, not designing new nuclear warheads; the majority of its new missiles are conventionally armed. Today, China maintains the smallest operationally deployed nuclear force of any of the legally recognized nuclear weapon states, operates under a no-first-use pledge, and keeps its warheads off alert. The modernization of China's delivery systems is the culmination of a decades-long plan to acquire the same capabilities deployed by the other nuclear powers. U.S. concerns about this modernization focus too much on deterring a deliberate Chinese attack and ignore the risk that modernized U.S. and Chinese forces could interact in unexpected ways during a crisis, creating uncontrollable escalatory pressures. To manage this risk, Washington should assure Chinese leaders that it does not seek to deny China's deterrent, in exchange for some understanding that China will not seek numerical parity with U.S. nuclear forces.     

Decommissioning and paramilitary strategy in Northern Ireland: A problem compared

This study examines the problems of paramilitary decommissioning in Northern Ireland. It analyses why decommissioning has become so contentious in the Northern Ireland peace process. Decommissioning, though, is not a unique or intrinsically insurmountable problem. This is demonstrated by highlighting the issue in international context. Three examples of decommissioning in conflict resolution processes are assessed: the Lebanon, El Salvador and Mozambique. These varied examples do supply some limited lessons for Northern Ireland. This study argues that the explanation for the intractability of decommissioning in Northern Ireland resides, to a greater extent, in the tactical and strategic reasoning of the main paramilitary groupings in Northern Ireland. The factors that condition their thinking, however, can be found in the nature of the peace process itself which provides the paramilitiaries with every incentive to retain possession of their weapons.