Nuclear Issues

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.

The West blew its peace dividend in 20-year party of consumption and speculation.

"...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."

One argument in favor of the West arming Ukraine is that additional weapons will deter Russia due to Vladimir Putin’s sensitivity to Russian casualties. There is no official data on Russian casualties in Ukraine, though one Russian NGO claims to have identified 260 Russian soldiers and volunteers who have been killed in action in eastern Ukraine.Reported attempts to conceal the cause and location of some of these deaths indicate that Russia’s leaders are sensitive to killings of active-duty Russian soldiers in the neighboring country.