Asia & the Pacific

Stephen Walt writes that those who favor foreign policy restraint believe the United States should trade and invest in other countries, encourage other states to do the same, and be open to managed immigration instead of building walls in a fit of xenophobia.

As the United States emerges from the era of so-called forever wars, it should abandon the regime change business for good. Then, Washington must understand why it failed, writes Stephen Walt.

President-elect Joe Biden’s decision to create a new cabinet-level position for climate-related issues — and to choose so prominent a figure as former Secretary of State John Kerry to fill it — demonstrates Biden’s sincerity over putting climate at the very center of U.S. foreign policy. It is easy to understate the importance of this appointment, given the flurry of czars created by most new administrations.

Stephen Walt writes that political institutions are not permanent phenomena: they are artificial human creations and only as enduring, adaptive, and effective as people make them. He hopes for a serious and sustained process of democratic change, one that respects the nobler features of the U.S. constitutional order yet addresses all the ways in which The United States has failed to live up to its own professed ideals. The alternative, he fears, will be something much more dangerous. 

Stephen Walt argues that as democracies falter, it's worth considering whether the United States made the right call in attempting to create a liberal world order.

Today’s economic crisis leaves us with an unsettling and perplexing regret. Why weren’t financial portfolios already adjusted for risks that stem from health events such as pandemics? After all, financial portfolios are adjusted for liquidity risks, market risks, credit risks, and even operational and political risks.

The International Security Program (ISP) is still accepting applications for 2020–2021.  ISP is a multidisciplinary research group that develops and trains new talent in security studies by hosting pre- and postdoctoral research fellows.