Nuclear Issues

Although Russia has evolved in many ways since 1991, it’s worth taking a second look at the drivers behind the Soviet collapse and assessing which of them may be relevant for today’s Russia or could become relevant in the near to medium-term future.

Dr. Ian Bremmer, expert in political risk and founder of the Eurasia Group, gave a seminar sponsored by the the Future of Diplomacy Project on Thursday, November 9 at the Harvard Kennedy School, titled “Managing Risk in an Unstable World."

The Right Honourable Douglas Alexander offered his views on European security in a discussion moderated by FDP Executive Director Cathryn Cluver.

Putin and his government seek respect, stability from next U.S. administration, panel says.

The end of the year is a good time to consider the risks that lie ahead of us. There are of course important economic risks, including the mispricing of assets caused by a decade of ultra-low interest rates, the shifts in demand caused by the Chinese economy’s changing structure, and European economies’ persistent weakness. But the main longer-term risks are geopolitical, stemming from four sources: Russia, China, the Middle East, and cyberspace.

Although the Soviet Union no longer exists, Russia remains a formidable nuclear power, with the ability to project force anywhere in the world. Russia is also economically weak because of its dependence on oil revenue at a time when prices are down dramatically. President Vladimir Putin has already warned Russians that they face austerity, because the government will no longer be able to afford the transfer benefits that it provided in recent years.

"...Russia seems doomed to continue its decline ― an outcome that should be no cause for celebration in the West. States in decline ― think of the Austro-Hungarian Empire in 1914 ― tend to become less risk-averse and thus much more dangerous. In any case, a thriving Russia has more to offer the international community in the long run."

Washington Post Opinion Writer and Senior Fellow with the Future of Diplomacy Project, David Ignatius, delivered an address entitled “Covering the Obama Administration in the Fog of Foreign Policy” and led a breakfast seminar with experts, students, and fellows on September 18. He explored current trends in the Middle East, critical factors at play in the negotiations with Iran, the West’s relationship with Russia and positive developments in the US-China relationship.