WPR is taking a hiatus from publishing this week, as we do every August. Our briefings, columns, interviews and other series will return Tuesday, Sept. 6. While we’re gone, we thought we’d leave you with a few key articles from our archives that should help you better understand current issues and events. Syria is Turkey’s Litmus Test in the New Middle East The Turks have not been so actively involved in the Middle East since the days of the Ottoman Empire. But Turkey’s leaders have found it difficult to balance the region’s competing interests while staying above the fray. With […]

Editor’s note: This is the second of a two-part series. Part I examined the need for a global economic grand bargain. Part II examines what such an economic grand bargain might look like. BEIJING — The recent market correction and an increasingly bleak economic outlook have sharpened the case for a G-20 economic grand bargain. China has the capacity to take a lead in any such arrangement, using its $3 trillion foreign exchange reserves as bargaining chips for reshaping the global economy to better suit its interests. This could form the bedrock of broad-based and coordinated policy action to address […]

Editor’s note: This is the first of a two-part series. Part I examines the need for a global economic grand bargain. Part II, which will appear tomorrow, will examine what such an economic grand bargain might look like. BEIJING — When the global financial crisis broke in 2008, rather than allow economic forces to run their course, policymakers intervened to set the unholy precedent of nationalizing financial market risks. Moreover, this was done without addressing the structural imbalances behind the boom and bust. Events of the last three weeks have demonstrated the fundamental ineffectiveness of previous interventions and underscored the […]

The World’s Leading Economies Are Getting Old

Times are challenging for the world’s leading economies but as they try to get their financial houses in order they are having to do so while fighting father time. This report by the U.S. government-funded Voice of America examines the issue in-depth.

Ian Bremmer, the founder and head of Eurasia Group (for which I work as an analyst), has argued that we are living in a “G-Zero” world, or one in which there is no genuine great-power leadership. From the perspective of political science, it is hard to disagree, as anyone reading a newspaper these days can attest. Still, the historian in me says this situation cannot last for too long. My reasoning here has nothing to do with the global correlation of military force, since thanks to globalization’s emerging middle class, “butter” will inevitably emerge as the winner over “guns.” Instead, […]

It is amusing to hear U.S. politicians of all ideological stripes sounding like classic libertarians as they proclaim that, in these times of fiscal austerity, the United States should no longer act as the “world’s policeman” and that other countries should be contributing “their fair share” to global security. Nevertheless, the many studies undertaken by the fellows of the Cato Institute, a libertarian think tank, detailing how the United States can shift to becoming an “offshore balancer,” thereby reducing its footprint around the world, and how our European and East Asian allies can afford to do more in the service […]

Amid the anxiety and devastation of the London riots, there was one brief comic interlude, when the government of Iran urged British authorities to use restraint in dealing with protesters. The appeal was bitterly amusing, of course, because of the brutal tactics Tehran used to put down protests in 2009. Police in London managed to end the rioting using traditional crowd-control methods. But then, in the wake of a public outcry over the disturbances and the disappointing performance of the police, British Prime Minister David Cameron made a highly controversial proposal: Next time, he suggested, the government might choke off […]

Who Needs Enemies?

In the course of a conversation with Michael Cohen yesterday evening, we agreed that the greatest existential threat the U.S. faces right now is the political paralysis in Washington that might keep the U.S. from enacting the course corrections needed to avoid financial and strategic insolvency. But if the U.S. is its own worst enemy, I noted, how is that so very different from the rest of the world today? Almost everywhere I look, I see countries that are through their own policy failures or strategic shortsightedness creating the greatest challenges they now face. So, which country is not its […]

In his keynote address to the 1883 International Fisheries Exhibition in London, T.H. Huxley, a prominent biologist of the day, maintained that the ocean’s supply of fish, such as cod, was inexhaustible: Fish were present in the oceans in such large numbers and reproduced prolifically, while only an insignificant fraction of them in proportion to their numbers was captured. Huxley concluded that human fishing efforts could not meaningfully affect the number of fish in the oceans and that it was unnecessary and even wasteful to attempt to regulate their capture. More than two centuries earlier, Hugo Grotius, the famous Dutch […]

At the dawn of the 20th century, the world population was inching toward a modest 2 billion. In the 111 years since, notwithstanding the impact of war, genocide, disease and famine, the global population has soared, reaching 3 billion around 1960 and now quickly approaching the neighborhood of 7 billion. By 2050, the planet will likely be home to 2 billion more. We may not be witnessing the detonation of the “population bomb” that Paul Ehrlich warned of in his seminal 1968 book, but such rapid demographic change is clearly pushing the international community into uncharted territory. With a limited […]

This month’s debt-ceiling deal in Washington did little to quell the growing chorus of complaints around the world concerning America’s continued inability to live within its means. As those complaints invariably translate into corporate hedging, government self-defense strategies, credit rating drops — Standard and Poor’s is already in the bag — and market short-selling, the U.S. will most assuredly be made to feel the world’s mounting angst. This is both right and good, even as it is unlikely to change our path anytime soon: Until some internal political rebalancing occurs, America will invariably stick to its current cluster of painfully […]

Global Insider: The International Whaling Regime

Last month the U.S. threatened to impose sanctions against Iceland over its increased whaling activities. In an email interview, Peter Stoett, professor at Concordia University, discussed the politics of the international whaling regime. WPR: What are the main components of the international whaling regime, and what is its recent trajectory? Peter Stoett: The International Whaling Commission is the central global body, mandated to protect the whaling industry back in 1946. As the threat of extinction for several species of cetaceans rose and whales assumed a prominent space in public environmental consciousness, the IWC gradually swung towards an anti-whaling position, led […]

While Washington lawmakers congratulate themselves for avoiding a default on U.S. government obligations by raising the debt ceiling at the proverbial 11th hour, and the halls of the Capitol ring with praise that the “system worked as intended,” the view from outside the Beltway is not so sanguine. Certainly, the U.S. has not fallen into the morass that bedeviled 18th-century Poland, where with a single negative vote, any member of the assembly could force its dissolution — and the nullification of all legislation passed during that session. But the inability of the House of Representatives, the Senate and the president […]

Hacking Scandal Reveals Blurry Line Between Spycraft and Theft

An analysis released this week by the computer security firm McAfee (.pdf) exposed the widespread hacking of more than 70 corporations and government organizations worldwide. McAfee did not identify the hackers, saying only that evidence pointed to a nation-state as having carried out the attacks. However, some experts were quick to point to China as the most likely culprit. While he believes that may be an accurate assessment, Chris Bronk, a World Politics Review contributor and fellow in information technology policy at the James A. Baker Institute for Public Policy at Rice University in Houston, says “the hardest thing on […]

Global Insider is an ongoing World Politics Review interview series that examines developing trends in geopolitics. From energy issues and policy close-ups to bilateral and regional relations, Global Insider explores the foundations and implications of new developments in international affairs through the voices of pre-eminent experts hailing from government, academia and research institutions. Global Insider is published 3-5 times per week on the Trend Lines page. Below are links to each article in this special report, which subscribers can read in full. Not a subscriber? Purchase this document for Kindle or as a PDF from Scribd. Or subscribe now. Energy […]

Despite the rush right now to declare important milestones or turning points in the fight against terrorism, the best handle we can get on the situation seems to be that al-Qaida is near dead, but its franchises have quite a bit of life in them. The implied situational uncertainty is to be expected following Osama Bin Laden’s assassination, as he was our familiar “handle” on the issue for more than a decade. But although it is normal that we now seek a new, widely accepted paradigm, it is also misguided: In global terms we are, for lack of a better […]