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.

Do U.S. drone strikes fuel militant Islamist group recruitment? New evidence, including a survey of residents of Pakistan’s North Waziristan Agency, suggests not.

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.

Contrary to conventional wisdom, states with nuclear energy programs are not more likely than those without them to seek or acquire nuclear weapons.

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

Richard Verma’s two-year tenure as U.S. Ambassador to India concluded last month with the new incoming presidential administration. During his time in New Delhi, Verma established himself as one of the most consequential envoys to ever occupy the prestigious post once held by such foreign policy legends as John Kenneth Galbraith and Frank Wisner. The first Indian American to serve in the role, Verma leaves behind a far-reaching legacy. He raised the U.S-India strategic partnership to unparalleled heights in virtually every arena of bilateral cooperation while serving as a skilled and talented public diplomat.

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.

India and South Asia Project Affiliate Ronak Desai investigates the reasons for Indian Prime Minister Narendra Modi's consistent popularity after two years in office.