Nuclear Issues

In light of Russia’s annexation of Crimea and its current threat to Ukrainian sovereignty, it’s fair to ask: What is the significance now of the Budapest Memorandum?

Stephan Walt writes that Trump's foreign-policy instincts might be more sound—but he has forfeited the chance to lead.

Despite the far-reaching effects of the current pandemic,  the essential nature of world politics will not be transformed. The territorial state will remain the basic building-block of international affairs, nationalism will remain a powerful political force, and the major powers will continue to compete for influence in myriad ways. Global institutions, transnational networks, and assorted non-state actors will still play important roles, of course, but the present crisis will not produce a dramatic and enduring increase in global governance or significantly higher levels of international cooperation. In short, the post-COVID-19 world will be less open, less free, less prosperous, and more competitive than the world many people expected to emerge only a few years ago.

It seems unlikely that Russia will again possess the resources to balance U.S. power in the same way that the Soviet Union did during the four decades after World War II. But declining powers merit as much diplomatic attention as rising ones do. Joseph S. Nye worries that the United States lacks a strategy to prevent Russia from becoming an international spoiler.

Stephen Walt describes what a commonsense U.S. foreign policy would look like.