Articles

79 Items

(Economic Research Forum)

(Economic Research Forum)

Journal Article - Economic Research Forum

Is Oil Wealth Good for Private Sector Development?

| March, 2019

When do autocratic rulers in oil-producing countries support private sector development? We argue that the size of oil rents per capita has an important effect on ruler support for the rule of law, respect for private property rights, and other factors that promote private investment.

Indian Army missile on display in parade

(AP Photo/Manish Swarup)

Journal Article - Quarterly Journal: International Security

India’s Counterforce Temptations: Strategic Dilemmas, Doctrine, and Capabilities

| Winter 2018/19

Since 2003, India has been building its nuclear arsenal beyond what is necessary for a purely retaliatory or minimum deterrence capability. India’s actions could lead to a regional arms race or even the use of nuclear weapons in a war with Pakistan.

Russian President Vladimir Putin speaks during his annual news conference in Moscow

AP/Alexander Zemlianichenko

Journal Article - Bulletin of the Atomic Scientists

How the Next Nuclear Arms Race Will Be Different from the Last One

| 2019

All the world's nuclear-armed states (except for North Korea) have begun modernizing and upgrading their arsenals, leading many observers to predict that the world is entering a new nuclear arms race. While that outcome is not yet inevitable, it is likely, and if it happens, the new nuclear arms race will be different and more dangerous than the one we remember. More nuclear-armed countries in total, and three competing great powers rather than two, will make the competition more complex. Meanwhile, new non-nuclear weapon technologies — such as ballistic missile defense, anti-satellite weapons, and precision-strike missile technology — will make nuclear deterrence relationships that were once somewhat stable less so.

Great Decisions Cover

Foreign Policy Association

Journal Article - Foreign Policy Association

The State of the State Department and American Diplomacy

| Jan. 03, 2019

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?

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Journal Article - Global Policy

The Case for Economic Development Through Sovereign Investment: A Paradox of Scarcity?

| Apr. 14, 2018

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.

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Magazine Article

Nobel laureate Kailash Satyarthi launches children’s rights campaign in Bangladesh

| Apr. 05, 2017

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.