The Road Ahead For Pakistan

The rise of Sharif’s Muslim League is a golden opportunity for a civilian government to build consensus with other political parties and wrest control of domestic, foreign and security policy from the military. Read Here – Gulf News

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So, Whatever Happened To Vietnam?

It has been 27 years since Hanoi launched the “Doi Moi” reforms that allowed privately owned companies to participate in the economy and opened key sectors, such as agriculture. The rapid growth that followed propelled Vietnam toward the realm of middle-income nations, transforming the onetime war zone into a case study for development and poverty reduction. […]

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Can We Do Without Economists?

When the stakes are high, it is no surprise that battling political opponents use whatever support they can garner from economists and other researchers. That is what happened when conservative American politicians and European Union officials latched on to the work of two Harvard professors – Carmen Reinhart and Kenneth Rogoff – to justify their support of […]

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Why Jerusalem Doesn’t Want the Assad Regime to Fall

In October 1995, Israeli Prime Minister Yitzhak Rabin telephoned Egyptian President Hosni Mubarak to inform him that peace was at hand between Israel and Syria. Two weeks later, Rabin was dead, killed by a reactionary Jewish Israeli fanatic; the peace agreement that Rabin referenced died not long thereafter. But Israeli hopes for an eventual agreement […]

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Ben And His Worries

The bulls are running on Wall Street, but the chief of America’s central bank worries that the market remains dangerously fragile. Federal Reserve Chairman Ben Bernanke explained why on Friday, May 10, in a speech in Chicago at the Fed’s branch there. Here are five things that nag at Bernanke, in his own words. Read Here – Businessweek

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After Vote, Pakistan’s Strongest Ally Should Be India

Whichever party takes power in Islamabad will almost certainly have to cobble together a coalition to rule. The new government will inherit a looming foreign-exchange crisis, hours-long blackouts that have provoked street riots, and overlapping insurgencies and sectarian wars that have claimed thousands of lives. Though army chief Ashfaq Parvez Kayani has resisted the temptation to […]

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South Korea’s Not-Really-Iron Lady

It wasn’t supposed to be this way. During her ultimately victorious presidential campaign last year, South Korea’s new conservative president, Park Geun Hye, rarely touched on foreign policy. (Though it’s a fair question as to whether North Korea really constitutes “foreign” policy as far as Seoul is concerned.) When I traveled with Park as she campaigned across […]

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The Return Of The Lion?

If Pakistan‘s May 11 parliamentary elections unfold according to recent national opinion surveys, two-time prime minister Nawaz Sharif will once again take power in Islamabad. Deposed in a 1999 coup led by General Pervez Musharraf, Sharif fled for nearly a decade of Saudi-sponsored exile. Today, however, it is Musharraf who lives under house arrest just outside Islamabad […]

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America Has Something to Prove to South Korea

South Korean President Park Geun-hye meets President Obama on Tuesday in Washington. The South Koreans created a slogan for the summit, “Bound by trust, forward together,” the first time they have adopted an English language motto for an event of this sort. During her visit, Park may talk about “the most successful alliance in history”—the mutual defense pact turns 60 […]

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The Changing Map of Middle East Power

The eruption of the Arab revolts in late 2010 and early 2011 put power relations among Middle Eastern countries in a state of flux, and both winners and losers have emerged. But, given that the strengths and weaknesses of most of the actors are highly contingent, the regional balance of power remains highly fluid. Read […]

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