Articles

The small open economies of the Gulf and Southeast Asia are pioneers in the establishment of

Sovereign Wealth Funds (SWFs). The SWFs of countries like Qatar and Singapore are among the

world’s largest in terms of total asset size relative to Gross Domestic Product. This article looks

at the different compulsions behind the setting up of SWFs by small open economies.

For decades, fears of energy scarcity drove American energy diplomacy. The dependence of the global economy on oil, and America’s need to secure ever-growing quantities of this commodity, underpinned complex networks of alliances and intensive diplomatic endeavors. An atmosphere of ever-increasing global competition for resources made these labors all the more urgent and highstakes. Today, in an age of energy abundance, many anticipate that the new US energy prowess will render such efforts obsolete and pave the way for US disengagement in the world. Yet a sober look at reality suggests that this should be far from the case.

Since 2001, the United States has expended vast resources attempting to promote the rule of law in Afghanistan.

Claims that drones will soon remake warfare or international politics are unwarranted. Although almost a dozen states now possess armed drones, and more are racing to acquire them, they will not play a decisive role in interstate conflicts. Drones will rarely be “winning weapons,” because they are vulnerable to air defenses. States will, however, continue to use drones against terrorists and domestic opponents.

During the 1971 Bangladesh war for independence from Pakistan, the Pakistan army carried out a genocide that killed hundreds of thousands of Bengalis in what was then East Pakistan. The perpetrators never faced trial. Archival documents reveal how India and Bangladesh sacrificed the opportunity for war crimes trials to gain Pakistan’s agreement on key security goals—the Simla peace agreement and recognition of Bangladesh’s independence. The legacy of this decision continues to blight Bangladesh’s politics.

The 2016 nuclear security summit was a pivotal moment for the decades-long effort to secure nuclear material around the globe. More than 50 national leaders gathered in Washington for the last of four biennial meetings that have led to significant progress in strengthening measures to reduce the risk of nuclear theft.

Many energy consumers, and even analysts and policymakers, confront and frame energy and climate risks in a moral vacuum, rarely incorporating broader social justice concerns. Here, to remedy this gap, we investigate how concepts from justice and ethics can inform energy decision-making by reframing five energy problems — nuclear waste, involuntary resettlement, energy pollution, energy poverty and climate change — as pressing justice concerns.

"In Bargaining on Nuclear Tests the historian Or Rabinowitz demonstrates the rare ability to engage with contemporary policy debates on nuclear proliferation and U.S. nonproliferation strategies on the one hand, and successfully utilize qualitative analytical frameworks in social science like prospect theory (19) on the other."