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."

As part of the India and South Asia Program’s annual speaker series, Ambassador MaleehaLodhi, the Permanent Representative of the Islamic Republic of Pakistan to the United Nations discussed her country’s regional agenda.

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 defining question about global order for this generation is whether China and the United States can escape Thucydides’s Trap. The Greek historian’s metaphor reminds us of the attendant dangers when a rising power rivals a ruling power—as Athens challenged Sparta in ancient Greece, or as Germany did Britain a century ago. Most such contests have ended badly, often for both nations, a team of mine at the Harvard Belfer Center for Science and International Affairs has concluded after analyzing the historical record. In 12 of 16 cases over the past 500 years, the result was war. When the parties avoided war, it required huge, painful adjustments in attitudes and actions on the part not just of the challenger but also the challenged.

"...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."