Articles

The extraordinary complexity of today’s advanced weapons systems has significantly reduced the ability of states to imitate other states’ military technology. Consequently, U.S. rivals such as China will continue to struggle to develop indigenous capabilities that can match those of the United States.

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.

Indian Prime Minister Narendra Modi traveled to Washington last week, making his fourth trip to the United States since taking office just two years ago. India and South Asia Program Fellow, Ronak Desai examines the strategic approach to India's relations with the United States.

"A look at Indian foreign policy since 1964 confirms that it has been characterized more by continuity than by change. And even those changes that have occurred, while important, have been incremental, and unrelated to the political ideology of the party in power."

Following Kosovo's declaration of independence in February 2008, the European Union deployed a rule of law mission in Kosovo (EULEX). While EULEX and its supporters have argued that the mission has the potential to succeed, critics claim that the mission has failed to significantly improve Kosovo's rule of law institutions, to address the rule of law vacuum in the north of Kosovo, and to prosecute high-level organized crime and corruption.

Successful environmental management is partly contingent on the effective recognition and communication of environmental health risks to the public. Yet risk perceptions are known to differ between experts and laypeople; laypeople often exhibit higher perceptions of risk in comparison to experts, particularly when these risks are associated with radiation, nuclear power, or nuclear waste. This paper consequently explores stakeholder risk perceptions associated with a mercury-contaminated chloralkali production facility in Kazakhstan.

States use wedge strategies to prevent hostile alliances from forming or to dis­perse those that have formed. These strategies can cause power alignments that are otherwise unlikely to occur, and thus have significant consequences for international politics. How do such strategies work and what conditions promote their success? The wedge strategies that are likely to have significant effects use selective accommodation—concessions, compensations, and other inducements—to detach and neutralize potential adversaries. These kinds of strategies play important roles in the statecraft of both defensive and offensive powers. Defenders use selective accommodation to balance against a primary threat by neutralizing lesser ones that might ally with it. Expansionists use se­lective accommodation to prevent or break up blocking coalitions, isolating opposing states by inducing potential balancers to buck-pass, bandwagon, or hide. Two cases—Great Britain’s defensive attempts to accommodate Italy in the late 1930s and Germany’s offensive efforts to accommodate the Soviet Union in 1939—help to demonstrate these arguments. By paying attention to these dynamics, international relations scholars can better understand how balancing works in specific cases, how it manifests more broadly in interna­tional politics, and why it sometimes fails in situations where it ought to work well.

"Keeping nuclear weapons and the difficult-to-manufacture materials needed to make them out of terrorist hands is critical to U.S. and world security — and to the future of nuclear energy as well. In the aftermath of a terrorist nuclear attack, there would be no chance of convincing governments, utilities, and publics to build nuclear reactors on the scale required for nuclear energy to make any significant contribution to coping with climate change."

"But just as China's economic and military power does not yet match that of the United States, China's soft power still has a long way to go as demonstrated by a Chicago Council on Global Affairs poll. China does not have cultural industries like Hollywood, and its universities are not yet the equal of the United States. It lacks the many non-governmental organizations that generate much of US soft power. Politically, China suffers from corruption, inequality, and a lack of democracy, human rights and the rule of law. While that may make the "Beijing consensus" attractive in authoritarian and semi-authoritarian developing countries, it undercuts China's soft power in the West. Although China's new diplomacy has enhanced its attractiveness to its neighbors in Southeast Asia, the belligerence of its hard power stance toward Taiwan hurt it in Europe when China sought to persuade Europeans to relax their embargo on the sale of arms. Given the domestic problems that China must still overcome, there are limits to China's ability to attract others, but one would be foolish to ignore the gains the country is making."

"All of these pathologies were evident in the failure to prevent or appropriately respond to the Mumbai attacks. There was in fact significant intelligence suggesting a seaborne terrorist attack was likely, and even that prominent sites such as the Taj Hotel would be targeted. This information, however, was ignored by several key bureaucratic actors—including the Coast Guard and the Maharashtra state director-general of police—because it was deemed unactionable. Others, such as the Maharashtra Anti-Terrorism Squad, at least attempted some kind of preparation. The differences in readiness highlight the extent of fragmentation among the security apparatus. Even when Mumbai police tried to take preventive action, they lacked the manpower to sustain increased security at the hotels. Once the attack occurred, the security forces did not have sufficient night-vision equipment, heavy weaponry, or information about the attack sites, leading to a long response time and the emergence of a disastrous siege...."