The U.S. has continually been trying to coerce Iran into giving up its nuclear program for years now, but with little success. What should Washington do to avoid both military action, and deterrence?
In the next decade, China will continue to rise, not fade. Its leaders will consolidate the one-party model and, in the process, challenge the West’s smug certainty about political development and the inevitable march toward electoral democracy.
The Obama administration plans to restrain Chinese belligerence by reinforcing U.S. military and diplomatic links to the Asia-Pacific. However, in order to avoid further Chinese resistance to its policies, the U.S. must look for possible avenues of cooperation with the country.
There’s been much talk about the “the rise of the rest,” with Brazil, Russia, India, and China leading the charge. However, few countries can sustain unusually fast growth for a decade, and even fewer, for more than that. As the boom years begin to end, the international order won’t change as much as expected.
China's legal system is more formalized and better functioning than many realize. Still, given the Chinese Communist Party's lock on judicial power, the country still has work to do.
Jeffrey D. Sachs argues that the mono-causal analysis of the book, 'Why Nations Fail,’ – that economic development hinges on a country’s political institutions – ignores important factors (such as geography) that can also affect growth.
Since weak demand is at the heart of the recession, governments need to enact stimulus programs along with structural reforms, argues Menzie Chinn. Structural reforms don’t always work out, writes Karl Smith. Raghuram Rajan demurs.
Until now, the U.S.-China policy has been driven by a blend of engagement and balancing. The Obama administration’s concentration on ‘engagement’ has done nothing to halt Beijing’s military build-up. The next administration should work towards bolstering the ‘balancing’ half of Washington’s strategic equation.
Just a few years ago, India seemed on the brink of becoming the world's next great power. Today, its future appears less certain. Although some have blamed the global economic recession, the real problem is domestic - namely, the centralized, secretive and arbitrary political culture that pervades New Delhi.
To leave behind a stable government in Afghanistan in 2014, the U.S. needs to work towards electoral reforms, negotiations with the Taliban, and a regional settlement involving Pakistan.
Courtesy: Foreign Affairs
Courtesy: Foreign Affairs
Courtesy: Foreign Affairs
Courtesy: Foreign Affairs
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Courtesy: Foreign Affairs
Courtesy: Foreign Affairs
Courtesy: Foreign Affairs
Courtesy: Foreign Affairs
Courtesy: Foreign Affairs