Research

Stephen Walt elaborates on what he is expecting for 2024:  the Israel-Gaza conflict widening, the 75th anniversary of NATO, the possible re-election of Donald Trump, and the election results from other populous democracies, to name a few.

This report, by Maxwell Simon (MPP '23) and Jayaram Ravi (MPP '23), explores the drivers of setback and success that China has encountered in the process of developing dual-use and military-dedicated naval installations abroad. It looks at cases where China has considered or actively pursued military-dedicated installations to characterize Beijing’s general approach to overseas naval base acquisition.

Stephen Walt critiques Henry Kissinger's professional life by dividing it into three parts: as an academic at Harvard; as national security advisor and secretary of state; and as an author, pundit, and sage, much of it conducted as the head of Kissinger Associates, the consulting firm he founded after leaving government.

The collective West is right to take Putin’s nuclear threats seriously, but efforts to dissuade him require the pro-active involvement of China and India.

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?

Rather than revolutionizing war, drones demonstrate its evolution. The principle of air warfare remains avoiding exposure to the enemy. Drones are unlikely to shift the offense-defense balance toward the offense because they are vulnerable to attacks from the ground and air.

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.

Modern states recurrently buttress their militaries with legionnaires—soldiers who are neither citizens nor subjects of the governments for which they fight. Legionnaire recruitment is a function of political constraints on a government's ability to enlist citizens and its perceptions of external territorial threats.

As economies begin to orient themselves towards recovery and growth in a post-COVID-19 era, they will first need to disentangle themselves from their prior bedfellows, the state, whose courtship was necessary for survival during the pandemic.  Such bedfellow relationships have become increasingly common as government intervention is urgently needed for economic stabilization. Governments have also embraced their new role with vigor. According to the IMF, as of April 2020, countries have committed around $8 trillion to combat the pandemic and to remedy its ill effects on economies and societies. Decisions about how this money will be spent will undoubtedly recalibrate the logic of capitalism for years to come. 

Juergen Braunstein and Sachin Silva argue that sovereign wealth funds may be central to governments' efforts to balance public responsibility with private interests in post-pandemic economies.