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.

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 The Blood Telegram: Nixon, Kissinger, and a Forgotten Genocide,Gary Bass argues that both the Nixon administration and the global community purposely ignored Pakistan’s genocide of civilians in East Pakistan. Sumit Ganguly reviews the book and reflects on the significance of the 1971 genocide.

This article finds that there were severe shortcomings in the acquisition and processing of information and a lack of institutional self-evaluation; civilian and military leaders made major strategic misjudgements in mistaking the strategy for the goal, overestimating the efficacy of military force or resources, and drawing false lessons from history or analogous cases such as Iraq; leaders were predisposed to overconfidence and oversimplification; and, at the highest level, policies were distorted by domestic politics. The article contends that the cumulative impact of these shortcomings was sufficient to seriously disrupt the functioning of the foreign policy-making system.

"Iran has always been a major power in that region. Under Saddam however, Iran and Iraq were bitter enemies who fought a long war and were strongly opposed to one another. There was almost a rough balance of power between the two countries. By reducing Iraq's power and by allowing the Shia to become the dominant political force in Iraq, the US removed the main country balancing Iran, and helped bring to power a government that has at least some sympathies and links to Iran. So, Iran is by far the main strategic beneficiary of the Iraq War, which made it even more difficult for the US and its allies to deal with the country."

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.

Matthew Fuhrmann's article "Spreading Temptation: Proliferation and Peaceful Nuclear Cooperation Agreements," was published by in the Summer 2009 issue of International Security. In his article, Dr. Fuhrmann argues "Peaceful nuclear cooperation—the transfer of nuclear technology, materials, or know-how from one state to another for peaceful purposes—leads to the spread of nuclear weapons. With a renaissance in nuclear power on the horizon, major suppliers, including the United States, should reconsider their willingness to assist other countries in developing peaceful nuclear programs."

Given coal's large contribution to India's emissions, it is important to explore options for reducing emissions from the Indian coal power sector. Even as India awaits stronger action by industrialized countries, several no-regrets options can still be instituted to position the Indian coal-power sector appropriately for an eventual deeper carbon mitigation strategy: (a) improve efficiency of generation, transmission and distribution, and end-use systems; (b) aggressively deploy higher-efficiency coal combustion technologies; (c) develop a strategic plan for technology innovation; (d) improve environmental regulations to keep open economic carbon capture options; and (e) invest in detailed geological assessment of carbon storage sites.