Articles

During the Trump administration, the usual ways of conducting diplomacy have been upended. Many positions in the State Department have never been filled, and meetings with foreign leaders such as Kim Jong-un and Vladimir Putin have been undertaken with little advance planning. What effect are these changes having now, and how will they affect ongoing relationships between the United States and its allies and adversaries?

Eric Bartz and Khalid Momand respond to Geoffrey Swenson's Summer 2017 article, "Why U.S. Efforts to Promote the Rule of Law in Afghanistan Failed."

Sovereign wealth funds (SWFs) have traditionally been created to recycle excess reserves from natural resource or non‐commodity revenues. However, in recent years funds are being established under conditions of capital scarcity with objectives to contribute domestic economic development, often through the buildout of national infrastructure programs. Such trends in new fund creation represent a fundamental shift in the sovereign wealth fund paradigm and raise serious questions about how these entities are to be capitalized and also the implications of capitalization models on their sustainability. This study examines the recent evolution of SWF models focused on economic development. Its analytic focus is drawn, in particular, to countries that are neither endowed with oil wealth, nor otherwise enjoy export surpluses to be used to capitalize a development‐oriented SWF. While this study is relevant to and expands the scope of the broad literature on SWFs, its specific contribution is as a focused analysis of how SWF funding sources impact achieving long‐term financial and socio‐economic development objectives.

Nobel Peace Prize laureate Kailash Satyarthi was in Bangladesh this past week launching his global “100 Million for 100 Million” children’s rights campaign. The initiative’s name is derived from a simple but powerful objective: for 100 million young people to pledge to help the 100 million children worldwide who are suffering from the worst forms of exploitation and abuse, including child trafficking, forced labor and prostitution.

Decision-makers often seek to design policies that support sustainable development. Prospective evaluations of how effectively such policies are likely to meet sustainability goals have nonetheless remained relatively challenging. Evaluating policies against sustainability goals can be facilitated through the inclusive wealth framework, which characterizes development in terms of the value to society of its underlying capital assets, and defines development to be potentially sustainable if that value does not decline over time.

The fall of Aleppo is a human catastrophe. It’s also a demonstration of the perils of choosing the middle course in a military conflict. Sometimes it’s possible to talk and fight at the same time. But in Syria, the U.S. decision to pursue a dual-track, halfway approach made the mayhem worse.

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.