The European Union is a remarkable achievement that now faces its most threatening crisis. The reason for both is the same: Its insistence through the years on combining ambition and ambiguity. Theoretically dedicated from the outset to “ever-closer union,” member governments never settled on what that might mean, or bothered too much about whether their citizens would […]
The validity of our strategic objectives towards Pakistan should not be allowed to be distorted by any jingoistic reaction to the incident in Jammu & Kashmir on January 8, 2013, in which two Indian soldiers were killed well inside Indian territory by a Pakistani Army group and where one of them was allegedly decapitated. While Pakistan has […]
The energy map of the world is being redrawn — and the global geopolitical order is adrift in consequence. We are moving away from a world dominated by a few energy mega-suppliers, such as Russia, Saudi Arabia, and Venezuela, and toward one in which most countries have some domestic resources to meet their energy needs […]
Professional geographers agree that you can’t fall off the edge of the world by sailing too far in the wrong direction. Economists as an academic discipline have had more trouble coming to agreement on what works and what fails in their world. Stimulus or austerity? Looser money or tighter money? The seemingly unresolvable fights in […]
U.S. Treasury Secretary Tim Geithner is calling it a day. So is Treasury’s Troubled Asset Relief Program, the $418 billion effort to rescue banks, automakers and other companies during the financial crisis. In announcing its intention to complete the sale of the remaining shares it owned in General Motors Co. (GM), American International Group Inc. (AIG) and 218 smaller banks, Treasury is essentially […]
MARGARET THATCHER said that you cannot buck the market. But if the experience of India’s government over the last few months is anything to go by, you can charm the pants off it. My e-mail inbox is overflowing with missives from the finance ministry that promise a bounce in the economy, assert a step change […]
In a little noticed event on New Year’s Day, China inaugurated its first non-profit organization dedicated to the promotion of soft power—China Public Diplomacy Association (CPDA). Foreign Minister Yang Jiechi attended and spoke at the unveiling ceremony for the group, which elected as its president Li Zhaoxing, the chairman of the Foreign Affairs Committee of China’s National People’s Congress. Addressing the group […]
The Arab Spring is not an outcome, it is a process. For those countries at the forefront of regional transformation, the fundamental question is can democracy become institutionalised? Though progress has been uneven and the outcomes of many state-society struggles have yet to be resolved, the answer is a cautious yes. In at least a […]
History has made it all too clear that there is no easy way to assess progress in counterinsurgency, or to distinguish victory from defeat until the outcome of a conflict is final. Time and again, “defeated” insurgent movements have emerged as the victors in spite of repeated tactical defeats. The Chinese Communist victory over the Kuomintang, the […]
The new Japanese prime minister reiterated his “values diplomacy” recently, confirming his nation’s “pillar” ties with the US and reaching out to two countries in particular, Australia and India. “Freedom, democracy, and fundamental human rights,” Shinzo Abe told the newspaper Yomiuri Shimbun in a December 28th interview. “We will deepen ties with nations that share and uphold these values.” […]
