International Relations

Russia's 2022 invasion of Ukraine illuminated the long profound shadow of nuclear weapons over international security. Russia's nuclear threats have rightfully garnered significant attention because of the unfathomable lethality of nuclear weapons. However, the use of such weapons in Ukraine is only one way—albeit the gravest— that Russia could challenge the global nuclear order. Russia's influence extends deep into the very fabric of this order—a system to which it is inextricably bound by Moscow's position in cornerstone institutions such as the Nuclear Non-Proliferation Treaty (NPT) and the International Atomic Energy Agency (IAEA). From withdrawing from key treaties to stymieing resolutions critical of misconduct, Moscow has demonstrated its ability to challenge the legitimacy, relevance, and interpretations of numerous standards and principles espoused by the West.

Joseph Nye considers lessons from his own work on preventing the spread of nuclear technology in the 1970s.

As the best documented major crisis in history, in substantial part because Kennedy secretly taped the deliberations in which he and his closest advisers were weighing choices they knew could lead to a catastrophic war, the Cuban missile crisis has become the canonical case study in nuclear statecraft. Over the decades since, key lessons from the crisis have been adapted and applied by the successors of Kennedy and Khrushchev to inform fateful choices.

For many, integrating “decarbonization” into public policy, corporate and financial strategies has become a requirement, not an option — yet, what happens when the critical link between climate stability and decarbonization breaks?

Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.

States frequently acquire proof that other states have violated norms. Yet, existing theories do not fully explain how states wield such proof to coerce wrongdoers. Four case studies of nuclear proliferation probe a novel theory of how states coerce norm violators by concealing, sharing privately, or publicizing proof of guilt.

Proponents of “transactional” diplomacy argue that comprehensive deals to transform political relationships are unrealistic, and that zeroing in on the most pressing issue is the only way to make any tangible progress. The “grand bargainers” retort that any deal that isn’t comprehensive will face fatal opposition from important stakeholders.

Both arguments have some merit, but the perceived distinction between them is a false one: Past engagements with Iran and North Korea were premised on the hope that piecemeal transactions could provide a platform for more sweeping diplomacy. And the best nonproliferation progress has been achieved when all sides perceived diplomatic transactions as incremental steps toward broader reconciliation.

Trump tied American jobs to endless wars in the Middle East. Biden should link them to renewed diplomacy.

What sounded so simple during last year’s presidential campaign has turned out, like everything related to Iran, to be quite complicated.

It is a critical first step that the financial policymakers of the United States have acknowledged the need for a CBDC, but that realization is not enough.