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.

Although Russia can no longer exercise hegemonic power or demand exclusive rights of engagement, it is still the preponderant regional player in Central Asia.

Ronak Desai, an Associate with the India and South Asia Program, reflects on the state of U.S.-Pakistan relations and its prospects for the future.

Read an excerpt in The Times of India from a new book on Lee Kuan Yew by Belfer Center Director Graham Allison and Ambassador Robert D. Blackwill, with Belfer Center Associate Ali Wyne. The book is titled: Lee Kuan Yew: The Grand Master's Insights on China, the United States, and the World.

Two assumptions dominate current debates on US foreign policy toward Pakistan. First, Pakistan shares a robust "all-weather" friendship with China centered on core national interests. Second, Pakistan's ability to turn to China in times of need insulates it from US pressure and renders hardline US policies counterproductive. Both of these assumptions are mistaken.

Realist scholars have long debated the question of how much power states need to feel secure. Offensive realists claim that states should constantly seek to increase their power. Defensive realists argue that accumulating too much power can be self-defeating. Proponents of hegemonic stability theory contend that the accumulation of capabilities in one state can exert a stabilizing effect on the system. The three schools describe different points along the power con­tinuum. When a state is weak, accumulating power increases its security. This is approximately the situation described by offensive realists. A state that con­tinues to accumulate capabilities will eventually triggers a balancing reaction that puts its security at risk. This scenario accords with defensive realist as­sumptions. Finally, when the state becomes too powerful to balance, its oppo­nents bandwagon with it, and the state’s security begins to increase again. This is the situation described by hegemonic stability theory. These three stages delineate a modified parabolic relationship between power and secu­rity. As a state moves along the power continuum, its security increases up to a point, then decreases, and finally increases again. This modified parabolic re­lationship allows scholars to synthesize previous realist theories into a single framework.

"...Asia has its own internal balance of powers, and in that context, many states continue to welcome an American presence in the region. Chinese leaders have to contend with the reactions of other countries, as well as the constraints created by their own objectives of economic growth and the need for external markets and resources. Too aggressive a Chinese military posture could produce a countervailing coalition among its neighbors that would weaken both its hard and soft power. A poll of 16 countries around the world found a positive attitude toward China’s economic rise, but not its military rise."

The historical record indicates that nonviolent campaigns have been more successful than armed campaigns in achieving ultimate goals in political struggles, even when used against similar opponents and in the face of repression. Nonviolent campaigns are more likely to win legitimacy, attract widespread domestic and international support, neutralize the opponent's security forces, and compel loyalty shifts among erstwhile opponent supporters than are armed campaigns, which enjoin the active support of a relatively small number of people, offer the opponent a justification for violent counterattacks, and are less likely to prompt loyalty shifts and defections. An original, aggregate data set of all known major nonviolent and violent resistance campaigns from 1900 to 2006 is used to test these claims. These dynamics are further explored in case studies of resistance campaigns in Southeast Asia that have featured periods of both violent and nonviolent resistance.