Asia & the Pacific

David Kilcullen, a professor at the University of New South Wales, contributes to the debate of  whether contemporary great-power resurgence constitutes a second bi-polar competition by assessing resurging state and non-state competitors and the challenges they pose to the United States–led world order. While the emerging security environment might not be a new Cold War, Kilcullen contends it may be more dangerous than in the past.

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.

Juergen Braunstein and Sachin Silva argue that sovereign wealth funds may be central to governments' efforts to balance public responsibility with private interests in post-pandemic economies.

Dan Snow is joined by Calder Walton to talk about whether there was a huge intelligence failure around the outbreak of the pandemic, but also whether our intelligence communities are properly organized to realistically evaluate the real nature of the threats to our societies. He also has a bold idea to help avoid a future recurrence.

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.

Could using the cash in your pocket have the potential to spread covid-19? That question has rarely appeared in the news, but many governments and leaders in the digital payments industry are wondering how the virus might impact the use of cash. Several countries have already taken drastic measures to limit circulation of bank notes. Could such interventions lead to the end of cash payments?

Because hand-to-hand exchange of physical currency could transmit the coronavirus, countries around the world are being forced to reconsider the use of cash. In fact, COVID-19 might turn out to be the catalyst that finally brings digital payments fully into the mainstream. Not surprisingly, the digital-payments industry is already focusing on the opportunities created by the crisis.

SWJ interview with Nathaniel L. Moir, Ph.D., an Ernest May Postdoctoral Fellow in History and Policy at the Belfer Center for Science and International Affairs, Harvard Kennedy School. Dr. Moir is completing a book manuscript on Bernard Fall for publication.

Nathaniel Moir writes that Revolutionary Warfare is not insurgency or guerrilla warfare: It is driven by ideology and commitment, not technology. Revolutionary Warfare's foundation is the perceived legitimacy of its political rationale among the population in which it is propagated. No matter how expertly or technologically advanced contemporary conflict is fought, it will not compensate for lack of political rationale.