Asia & the Pacific

Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.

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.

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.

As the divergent experiences of the US and South Korea show, testing can be the difference between disease containment and catastrophe. Rather than relying on national governments to ensure the rapid development, production, and deployment of diagnostics during outbreaks, the world needs a global coordinating platform.

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.