China’s New Militancy

“We will show the courage to try and resolve our differences with other nations peacefully—not because we are naïve about the dangers we face, but because engagement can more durably lift suspicion and fear,”President Obama said in his second inaugural address. How exactly does the international community “engage” hostile states?  Take China, for instance. Xi […]

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Life in a G-Zero World

The nature of world politics has changed more rapidly in the past four years than anyone expected. From the fall of the Berlin Wall up to the financial crisis of 2008, the United States had enjoyed a unprecedented period of hegemony. A decade ago, the US defense budget by itself was larger than the combined […]

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Myanmar’s Kachin Problem Needs Political Touch

Almost all ethnic armed groups have successfully signed ceasefire agreements with the Burmese government. The Kachin Independence Organization, with its armed wing, the Kachin Independence Army (KIO/KIA), is the only major armed group still battling the Burmese army. Along with the Chins, the Shans and the Burmans, the Kachins signed the historic Panglong agreement to […]

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Why Stimulus Has Failed

Two fundamental beliefs have driven economic policy around the world in recent years. The first is that the world suffers from a shortage of aggregate demand relative to supply; the second is that monetary and fiscal stimulus will close the gap. Is it possible that the diagnosis is right, but that the remedy is wrong? […]

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Eyeing Rich Bounty, China In Line For Afghan Role

 China, long a bystander to the conflict in Afghanistan, is stepping up its involvement as U.S.-led forces prepare to withdraw, attracted by the country’s vast mineral resources but concerned that any post-2014 chaos could embolden Islamist insurgents in its own territory. Cheered on by the U.S. and other Western governments, which see Asia’s giant as […]

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India’s Great Number Fetish

Whatever may be said about India, it is obvious that no structural transformation of our largely poverty-stricken economy has occurred and what is more, none seems very likely in the immediate future. Not only have three decades of high GDP growth gone unaccompanied by a societal transformation, we seem to have regressed on certain fronts. Read […]

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Hillary Clinton on China and the Rest of the World

After four years of international tumult, Hillary Clinton is preparing to step down as secretary of state. In addition to carrying out her traditional role as the nation’s top diplomat, Clinton has quietly used the office to help U.S. companies close deals with foreign governments—arguing that business and trade promotion are central to American strategic interests. Bloomberg Businessweek sat […]

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Pakistan’s Battle for Democracy

Last week, tens of thousands of protestors descended into the heart of Islamabad, Pakistan’s capital, demanding that the federal government make sweeping electoral reforms and then give way to an army and judiciary-endorsed caretaker government that would oversee general elections. The protestors were dedicated, braving the cold, and, at times, rain, for four nights. They were disciplined, […]

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